Archive | Markets

Deutsche Bank CEO tells staff he's 'sick and tired' of bad news

USA regulators in March warned Europe's biggest investment bank it must act more urgently to fix lapses described in a series of settlements wit...

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Australia floats shake-up of A$2.6t pension system, "zombie" insurance

The Commission also supported the Government's Super Minister, Kelly O'Dwyer, to end multiple insurance policies, get super members to bring all...

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Financial crisis haunts Italy amid poll turmoil

That prospect has rocked financial markets, with the euro sinking to multi-month lows on fears that snap elections would lead to a eurosceptic g...

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China says Trump hurts credibility with tariffs

The tariff threat is a "very powerful" negotiating tactic, said Lester Ross, chairman of the American chamber's policy committee. Ahead of US ...

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Trump hits Canada, Mexico, EU with steel and aluminum tariffs

The NAFTA talks were one factor in the administration's decision to grant exemptions to Canada and Mexico from the steel and aluminum tariffs...

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Fans of Turkey's Erdogan push French newsstand to remove ad

Turkish President Recep Tayyip Erdogan on Saturday urged compatriots to change their foreign currency to the lira to help prop up the embattle...

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Starbucks Shuts Down More Than 8,000 Stores For Anti-Bias Training

The training includes a film about bias and will encourage employees to talk about their own experiences. "I think a lot of people assume that...

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Waymo signs deal for 62,000 Chrysler Pacifica Hybrids

In other words, the public may someday be able to buy a self-driving Fiat Chrysler vehicle of their very own. Waymo is now the only company ...

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Donald Trump steel, aluminum tariffs on Europe, Canada, Mexico effects

Therefore you keep the damage from the steel and aluminum issue contained in its own area. "The steel and aluminum tariffs will have a poiso...

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Canada's Freeland to visit Washington this week for NAFTA talks

Canada's foreign minister Chrystia Freeland is in Washington this week, meeting with U.S. Trade Representative Robert Lighthizer and others, acc...

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India's GDP grows at 7.7 per cent in Q4 2017-18

The GDP growth was 6.1% in January-March quarter in 2016-17. "I don't think we are revising our forecast for the current year 2018-19 which ...

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Bombardiers new aircraft claims to offer smoothest rides

Bombardier's unveiling of the new Global 5500 and 6500 was quite a surprise to the crowd at EBACE in Geneva, as the company had kept the prog...

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Markets Right Now: Stock recover lost ground, led by banks

The S&P 500 index rose 34 points, or 1.3 percent, to 2,724. The Nasdaq composite added 65.86 points, or 0.9 percent, to 7,462.45. The Russel...

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Big Shock: 10 Lakh Bank Employees On Strike!

The Indian Banks Association, a management organisation from the country's financial institutions, has offered a 2% wage hike. "It is now too ...

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Trump wants to bar German luxury cars in US

The Trump administration last week launched a Section 232 trade investigation into vehicle imports. German carmakers control 90 percent of the U...

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Banks help USA stocks higher as Italian worries ease

While the S&P 500 and Nasdaq recovered Tuesday's losses and then some, smaller and more USA -focused companies did ever better as investors co...

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Trading activity in Italian Government Bonds surges on TradeWeb

Chinese shares also headed south, with the Shanghai Composite index down 1.8 percent, South Korea's KOSPI and Australia's S&P/ASX 200 slipped 2....

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Trump to impose steel, aluminium tariffs on EU

Negotiations on a further exemption for Canada had focused on agreeing to US demands that NAFTA force auto makers to use more North American-m...

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SIA to launch world's longest commercial flight to NY in Oct

Each flight will carry 67 Business Class passengers and 94 Premium Economy Class passengers across a distance of approximately 10,300 miles, wit...

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Scotland Hospital Opens Rehab Center for Crypto Addicts

Are you a cryptocurrency addict? Treatment at Castle Craig residential rehab clinic involves intensive evidence-based therapies ranging fr...

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Amazon to restrict Aussies to local site

The country decided in 2015 to make the change, but since then an election, the replacement of its treasurer, a new prime minister, and lobbyi...

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Microsoft extends GDPR privacy regulations beyond the EU

If you've been aligning your business to the principles of the POPI Act, which is essentially a light version of GDPR , you are about 80% there...

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Scotland uneasy about Northern Ireland gaining Brexit advantage - Sturgeon

Executives at the talks included Carl-Henric Svanberg, the outgoing chairman of BP and chairman of Volvo; Nestle chairman Paul Bulcke; BMW CEO a...

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Back to the moon?

Bezos wants to make it easier for those millions of people who are now working in the space. In long term, he visualizes a "millions of people...

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Where to Score Free Treats on National Doughnut Day

All you have to do to get one is purchase one of the other 3000 doughnuts being prepared for the big day. In fact, the event started in Chicago ...

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European capitals watch nervously as Italy's populist parties call mass street protests

Carlo Cottarelli , a former International Monetary Fund economist known as "Mr Scissors", was tasked with naming a technocrat government on Mond...

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Musk says ‘challenging govt regulations’ stalling Tesla’s entry to India

A man cleans a Tesla Model 3 vehicle during a media preview at the Auto China 2018 motor show in Beijing, China April 25, 2018. Another softw...

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USA to slap restrictions on some Chinese investments

In an unexpected change in tone, the United States said on Tuesday that it still held the threat of imposing tariffs on $50 billion of impor...

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World’s longest non-stop commercial flights launch in October

Flights will begin on 11 October and the route will initially be served three times a week on Monday, Thursday and Saturday, before daily operat...

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Microsoft Passes Google Parent Alphabet In Market Value

That compares with about $739 billion for Alphabet . That means Microsoft is now the 3rd most valuable publicly traded company in the world...

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