Archive | Markets

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Opec’s challenge - to pump more oil while keeping deal in place

Nigeria , Saudi Arabia and other members of the Organisation of Petroleum Exporting Countries, OPEC , have disagreed over oil supplies as meeti...

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Germany: Interior minister gives Merkel ultimatum on migrants

European Union leaders will try to reassure Germany and Italy over migration at a summit next week as a stand-off in Berlin threatens Chancell...

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Sieren's China: Trump flexes his muscle in brewing trade war

Freeland, who was testifying before House of Commons trade committee, wouldn't tip the government's hand, but she committed to hitting back hard...

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Audi CEO arrested over fears of Dieselgate coverup

According to Bloomberg , German authorities have arrested the 55-year-old in Munich in connection with the scandal that first hit headlines...

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Oil prices rise ahead of OPEC’s June 22 meeting

Oil prices rose in early Asian trading on Wednesday, supported by a drop in USA commercial crude inventories reported by the American Petroleum...

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Mobile outages hit major Australian cities

In a statement obtained by News Corp , Swedish technology giant Ericsson apologised for the outage. Despite restoring services, Telstra was u...

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Burger King Russia bails on Fifa World Cup baby promotion

Its latest ad, since deleted , promised 3 million rubles ($47,000) and a lifetime supply of signature burgers to "women who get pregnant from wo...

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Drastic cuts to Telstra's phone plans

Shares in Telstra closed 4.8% lower at $2.77 in Sydney on Wednesday. Mr Penn said the telecommunications sector had never been under more pres...

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European Union to impose duties on US imports Friday after Trump tariffs

Ms Malmstrom said: "We did not want to be in this position". "We do not want to be in this position", EU Trade Commissioner Cecilia Malmstrom ...

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All inbound flights to Charlotte Douglas airport held Sunday morning, sources say

Officials said the issue is not affecting any other regional carriers or mainline flights. The problems that occurred this morning led to the ...

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Alexa Is Coming To Your Hotel Room

For now, Echo can play music from services the hotel provides and from a guest devices via a Bluetooth wireless connection. Will it make you mor...

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South Korean crypto exchange loses $31 million from hack

But the company is giving assurance to the public that whatsoever be the number, the loss will be covered by the platform. The company said it...

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Starbucks provides weak sales outlook, will close 150 stores

Meanwhile, sales are expected to grow just 1 percent in the next quarter. Chief Financial Officer Scott Maw said that the closures "had an imp...

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Disney tops Comcast with $71.3 billion deal for Fox

Last week, the proposed acquisition of 21st Century Fox by The Walt Disney Company undoubtedly took its biggest hit yet when Comcast tabled a ...

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U.S. stocks tumble on trade war fears

In total, Trump has now threatened up to $450 billion U.S. in Chinese imports with tariffs , including another $200 billion USA in Chinese go...

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Mice launch surgical strike on an SBI ATM in Assam

Currency totalling to Rs29.48 lakh was deposited inside the ATM by a private security company on May 19, after which the machine had gone out of...

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Microsoft employees demand company cut ties with ICE

It also said that the use of its government compliant cloud computing software would enable ICE to "process data on edge devices or utilize de...

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France, Germany agree to set up eurozone budget: Merkel

Seehofer, who took on the interior ministry portfolio less than 100 days ago, said he had only recently learnt that migrants who had already bee...

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Trump's latest swipe at Canada? Smuggling US shoes

Trump claimed that because of Canada's high tariffs, Canadians were coming into the US and "smuggling things back" to avoid the duties. Trum...

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Disney Seen Adding Cash To Fox Bid; Pivotal Fears Comcast Bidding War

Sky News would be guaranteed at least £100m a year in funding for 15 years under new concessions agreed by 21st Century Fox to secure governm...

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Dunkin' Donuts sign asks customers to report employees who don't speak English

Dunkin' Donuts told the Sun in a statement that the store's general manager put it up "based on her own personal judgment" to deal with a "c...

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McDonald's to phase out plastic straws in UK, Ireland

Facebook post reads . McDonald's is to remove all plastic straws from its restaurants by 2019, with a transition to paper alternatives...

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Donald Trump readies $200 billion in China tariffs, citing 'unacceptable' policies

Brown also said that there are no signs of the two nations resuming their stalled trade talks "in just about every level". And so while Chi...

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Elon Musk Says Tesla Secrets Stolen by Staff Saboteur

Tesla is conducting an in-depth investigation into the matter, including whether the worker was acting alone, with others at the company, or wi...

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Trump Moves to Retaliate Against China's Retaliation for New Tariffs

The US wants China to stop practices that allegedly encourage transfer of intellectual property - design and product ideas - to Chinese companie...

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Amazon's Prime offer 'not impressive' but just the start

Amazon Prime has launched in Australia, 13 years after the United States got its hands on the service. Unlike global behemoth Netflix and loca...

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OMB official Kathy Kraninger said to succeed Mulvaney at CFPB

Kraninger is an unexpected and immediately controversial choice for the position. Mulvaney has defended his leadership at the CFPB - an agen...

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Trump threatens 10% tariff on $200bn of Chinese goods

Trump's latest salvo in a brewing trade war would mean a sizable amount of Chinese goods shipped to the USA would be exposed to tariff threats a...

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ICICI benches Chanda, at last

Bakhshi, a prominent name in ICICI's top management, has been the Managing Director and CEO, of ICICI Prudential Life Insurance Company, since A...

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Migrant parents are 'some of the worst criminals on earth,' says Trump

German Interior Minister Horst Seehofer has backed down from a threat to bypass Chancellor Angela Merkel in a disagreement over immigratio...

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