Archive | Markets

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Loans to get costlier as RBI hikes repo rate again

Charlotte Nelson, Finance Expert at Moneyfacts.co.uk, said: "With the vast number of lenders increasing rates in the lead up to May's rate annou...

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Chipotle shuts Ohio restaurant after reports of illness

However, by Tuesday morning, the number of reports to the site grew to 105, citing 170 people sick, according to Patrick Quade, the founder of i...

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Tax Free Weekend in Missouri Set for August 3-5

The report references studies that show tax holidays don't significantly boost yearly retail sales. The Legislature had approved temporary s...

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Apple Becomes First American Public Company to Surpass $1 Trillion in Value

The milestone comes a day after Apple reported blockbuster quarterly earnings . The iPhone maker's market value reached the figure in late mo...

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China says it's ready to retaliate on latest U.S. tariff threat

Weeks after the White House said it wanted to slap 10% tariffs on an additional $200 billion worth of Chinese imports, President Donald Trump's...

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Google plans to re-enter China with government-approved search app

Google hasn't had a search engine in China in eight years. Google is crafting a search engine that would meet China's draconian censorship ru...

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RBI hikes repo rates by 25 basis points

Rising trade tensions, accelerating crude oil prices, slowing economic activity, rising retail inflation were the major reasons behind the hike ...

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The TSA has been secretly monitoring US airline passengers using air marshals

According to the Globe , undercover air marshals have been following passengers at an airport and on a flight, documenting behaviour like exc...

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Tesla burns $739.5 million in cash on way to record 2Q loss

During Tesla's Q2 earnings call on Wednesday, Elon Musk apologized to two Wall Street analysts for his behavior during the Q1 call. Despit...

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U.S. Issues Sanctions Against Turkey Over Detention of American Pastor

The two officials, Minister of Justice Abdulhamit Gul and Minister of Interior Suleyman Soylu, will have their assets and properties under U.S. ...

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World stocks dip before central bank test; Japan bonds down

Masafumi Yamamoto, chief forex strategist at Mizuho Securities in Tokyo , said investors will be more interested in U.S. GDP data that incorpor...

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RECALL ALERT: Salads, Wraps From Kroger, Trader Joe’s, Walgreens May Be Contaminated

The products also bear establishment number "EST. 39985 or P-39985". Caito Foods discovered the issue when their lettuce supplier, Fresh Expre...

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United Kingdom voters back referendum on final Brexit deal

But it's surely better to overdramatise the risk, to get everyone to wake up to it, rather than do what most of our continental partners have do...

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RBI hikes lending rate, loans likely to become dearer

The reverse repo rate -- the rate at which the RBI borrows from commercial banks -- was raised by 25 basis points, to 6.25 per cent. The move wi...

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McDonald's server body slams customer after assault

The employee picks her up and throws her over a nearby table as other employees and even a customer runs over to tray and break it up. The sec...

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OnePlus surpassed Samsung to lead India’s premium smartphone segment, says Counterpoint Research

China's leading smartphone brand, Huawei Technologies, outstripped Apple in global smartphone shipments in the second quarter this year, put...

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Uber Ends Development of Self-Driving Trucks For Now

Uber is putting the breaks on its ambitious self-driving truck program, TechCrunch first reported this week quoting an emailed statement from...

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Apple closes in on becoming the world's first US$1 trillion company

The news sent shares climbing in after-hours trading to a record high that sent Apple within touching distance of reaching a one trillion doll...

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Homeless man gets more than 200 job offers after handing out resume

He moved to the Silicon Valley to create a startup, but ran out of money last month and the vehicle he was sleeping in became repossessed, forci...

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Harley pushes deeper into Asia with smaller bikes to kickstart growth

The new LiveWire will be the first in a broad, no-clutch "twist and go" portfolio of electric two-wheelers created to establish the company as t...

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Musk offers US$1,500 surfboard for those bored with flame-thrower

The manufacturer released 200 of the new surfboards over the weekend and they quickly sold out online. The surfboards became available for pur...

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McDonald's to circulate its own currency redeemable for a FREE Big Mac

Starting Thursday, McDonald's customers in more than 50 countries around the world can receive a MacCoin with their purchase of a Big Mac. ...

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European Union to import more LNG from US

A July 25 meeting between President Trump and European Commission President Jean-Claude Juncker produced an agreement to freeze tariffs where ...

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Facebook is sued after stock plunge 'shocked' market

The drop translates to a US$119.4 billion ($176 billion) decline in market capitalisation, the largest-ever loss of value in one day for a USA t...

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Trump speaks with Juncker on trade negotiations

The plan hashed out by U.S. President Donald Trump and European Commission chief Jean-Claude Juncker to dial down trade tensions was intermitt...

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In Japan, died the oldest inhabitant of the planet

Known by her family as the goddess , Miyako was known for her conversational skills and her long life was attributed to a kind, patient tempera...

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Putin: Russia Is Not Rejecting the US Dollar, Just Being Cautious

He said the two leaders needed to see each other face-to-face to discuss a host of bilateral and worldwide issues like Syria, Iran and nuclear a...

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S&P flat as gains in technology offset weak earnings

The S&P 500 was up 25.67 points, or 0.91 per cent, to 2,846.07, Xinhua news agency reported. At 1:00 p.m. ET the Dow Jones Industrial Avera...

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US economy grows at the fastest pace since 2014

President Trump is holding a special press conference outside the White House. And economic growth topped 4 percent for three full years fr...

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Trump 'open' to visiting Moscow for meeting with Putin

On July 16, Nezavisimaya Gazeta, a Russian daily paper, ran an article titled, "The U.S. Offers to Unite with Russia Against Iran and China", ...

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