Archive | Markets

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Carphone Warehouse to shutter 92 stores amid contract sales slump

Baldock said that the group faced increased pressure as consumers were holding on to older mobile devices for longer and opting for SIM-only dea...

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Varcoe: Nationalizing Trans Mountain a necessary deal that no one should love

This isn't meant to be a long-term purchase. Finance Minister Bill Morneau unveiled the government's long-awaited, big-budget strategy on Tues...

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'Bomb joke' on Lion Air flight in Indonesia causes chaos

Video posted online showed dozens of people standing on the plane's right wing. A search by investigators showed no trace of an explosive device...

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Singapore Airlines to launch world`s longest commercial flight in October

Reviving the route that the Singapore flag carrier scrapped more than four years ago will help the airline fill a gap in its U.S. network th...

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De Beers to start marketing lab-grown diamonds

Company executives vowed never to sell artificial stones, and it participated in the diamond industry's "real is rare" campaign. " Lightbox w...

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Sir Martin Sorrell takes the helm at Derriston Capital

Liberum's media analyst Iain Whittaker said in a note earlier this month that Kantar could be worth £3.5 billion and said: "The obvious route is...

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Wall Street falls on Italy worries; bank shares drop

On Tuesday Britain's FTSE 100 and the French CAC 40 both sank 1.3% the German DAX lost 1.5%. The 10-year Italian government bond yield jumped ...

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The euro is sliding amid political uncertainty in Italy

The most recent nominee for prime minister failed to secure support from the country's major political parties. The political upheaval in Rome t...

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India's top fuel retailer trims petrol, diesel prices

In New Delhi , a litre of petrol will cost Rs 78.42 and a litre of diesel Rs 69.30, while customers have to pay Rs 86.23 per litre of petrol ...

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Stocks get whacked as Italy turmoil drags on global markets

Mattarella has tasked former economist Carlo Cottarelli with forming a caretaker government, but it is unlikely to win necessary approval from t...

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Trump moves ahead with Chinese trade tariffs, threatening to reignite tensions

The Chinese government urged President Donald Trump to come back to the negotiating table after the White House announced that the USA woul...

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Digital License Plates Could Track Your Car’s Every Move

Reviver Auto's digital number plates include their own battery, processing unit, Global Positioning System receiver, and wireless connectivity...

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Tesla in Autopilot Mode Crashes into Police Car

He posted photos of the crash scene showing extensive damage to the front end of the Tesla and the rear side of the police vehicle. A Tes...

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Coca-Cola picks Kyushu to launch its first-ever alcoholic drink

They range in strength from between three and nine percent and are particularly popular with young drinkers, especially women. The drink will be...

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Cyber crooks claim to hit two big Canadian banks

For Simplii's part, the bank said "we are continuing to work with cybersecurity experts, law enforcement and others to protect our Simplii clien...

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Jeff Bezos Will Do Whatever He Can To Colonize The Moon

This weekend, Jeff Bezos spoke at the Space Development Conference in Los Angeles and had some very detailed thoughts about the idea of beyond...

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Pret a Manger gives workers bonuses after JAB deal

The restaurant chain Pret A Manger is being acquired by the European investment firm that bought Panera Bread past year. The companies exp...

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Carphone Warehouse to close 92 stores as profits tumble

However, the firm insisted that no jobs will be lost as staff will be offered the chance to move to larger branches nearby. Dixons Carphone ...

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EU proposes to ban plastic straws, stirs, and cotton buds

The Commission proposal will still need to be approved by the European Parliament and Council, and the Commission said it hoped for it to be giv...

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Thousands Of Starbucks Closing Tuesday For Anti-Bias Training

The Perception Institute, a consortium of researchers consulting with Starbucks, defines implicit bias as attitudes - positive or negative - or ...

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Tesla Model 3 Production To Increase To 6000 Cars A Month

In mass-market, mid-sized cars , vehicles recommended by Consumer Reports account for over 80 percent of the category's sales volume, Barcl...

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Lightning strike causes Stansted Airport chaos

Thunderstorms and torrential rain have swept across parts of southern Britain, with lightning flashing across the sky. Another 31 departures ...

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Oil takes a hit as major producers consider output boost

Monday May 28 saw another price tumble for oil prices , after crashing down last Friday. But by last week, Saudi Arabia and Russian Federat...

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Petrol, Diesel Prices Rise For 16th Day

On Monday, petrol prices in Mumbai stood at Rs 86.08 a litre, in Kolkata Rs 80.76 and in Chennai Rs 81.11. Petrol and diesel prices saw yet ...

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European Union proposes ban on plastic straws, cutlery

While applauding the step, Gustavsson emphasized that the ban should "stretch to all single-use plastic products throughout the European Union ...

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'Mother of all thunderstorms' lights up United Kingdom night skies in striking photos

The freaky turn in weather came after a sunny start to the Bank Holiday weekend in the United Kingdom, creating some stunning skyscapes as the e...

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CIBC Simplii, hack, data breach

The Bank of Montreal also said it is investigating claims some of its clients personal and financial information has been accessed. Bank of ...

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Federal Bureau of Investigation urges people to reboot routers to thwart hackers

The attack targeted a huge range of devices, and investigators were unable to narrow it down by manufacturer or other categories. The malware re...

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Oil slumps as Saudis and Russia say reviving output on the table

Oil markets hit something of a sweet spot earlier this year as prices bounced between $60 and $70 per barrel. Saudi Arabia has 22 per cent...

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Doug Ford involved in sale of fake Tory memberships in 2016: Liberals

A party source has told the Star that Martino's complaint was never actually investigated by the party because officials feared getting on the...

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