Archive | Markets

grace

Google reverses ban on cryptocurrency ads

Google announced in a recent update of their financial products and services policy that Cryptocurrency exchanges which are regulated in ...

Read more
grace

Hacker says he'll broadcast takedown of Zuck's Facebook profile

The live video is scheduled for 6 p.m. local time on Sunday, which is 3 a.m.in San Francisco where Facebook is headquartered. Similarly, the liv...

Read more

PM defends negotiators after Trump slams Canada

The Trump administration could face barriers in Congress if it tries to advance a deal without Canada. Mexico also secured an exemption from U...

Read more
grace

Brent Crude Oil Price Ignores Trump, Reaches Highest Since 2014

While Opec President Suhail Mohamed Al Mazroui said the cartel won't succumb to political pressures , Russian Federation joined in saying t...

Read more
grace

Musk's Tesla position uncertain as U.S. regulators sue Musk for fraud

On Thursday, the SEC sued the serial entrepreneur and engineer for " false and misleading " statements associated with a series of tweets in w...

Read more
grace

Up to 50m Facebook accounts attacked

And we invalidated the access tokens for the accounts of the 50 million people who were affected - causing them to be logged out. Spokespeop...

Read more

After SEC moves to oust Musk, Tesla shares fall 12 percent

Tesla's stock fell 12% to $270 a share on Friday. The firm slashed Tesla's price target to $200 per share. But without Musk as a figurehead, t...

Read more

Ahead of U.S. sanctions, India looks beyond Iran for oil imports

The price of Brent crude oil could continue its advance as traders ignore US President Donald Trump's persistent calls for producers to raise ...

Read more
grace

Tesla builds own vehicle carriers to aid delivery

Musk also said that Tesla would build and deliver twice as many they did in the second quarter. Yes, the company that is constantly in the new...

Read more
grace

Fed Raises Interest Rates for Third Time in 2018, Upgrades Economic Outlook

Mr Trump told CNBC in July he was "not happy about" the Fed raising borrowing costs. "I am not happy about that", he said at a press confere...

Read more

Trump and Trudeau have cold encounter at United Nations reception

Trade Representative Bob Lighthizer's negotiating then turned back to Canada. A spokesperson for Trudeau, however, said this was not true an...

Read more
grace

Murdoch’s Fox will sell its 39% stake in Sky to Comcast

As previously reported by FOX Business, the battle for ownership of Sky ended on Saturday with Comcast outbidding 21CF with a $38.8 billion bi...

Read more

Iran oil exports fall before US sanctions: global banking group

Crude oil prices touched new four-year highs yesterday as Brent crude - the global benchmark for crude oil - touched $82.20 a barrel. It could...

Read more

Federal Reserve Raises Interest Rates For The 3rd Time This Year

The U.S. Federal Reserve on Wednesday raised its benchmark interest rate for the third time in a year, pushing the upper bound of the widely...

Read more

Fed raises rates for 3rd time this year with 1 more expected

It was the eighth hike since late 2015. Trump publicly criticized Fed interest-rate increases earlier this year, breaking with more than two d...

Read more
grace

NAFTA: Lighthizer hints Mexico pact may need to be reopened if delayed

In an extraordinary rebuke of America's northern neighbour, Trump vented his frustration with Canada during a news conference along the sideline...

Read more

Canada PM says won't be rushed on NAFTA, new deal not guaranteed

Negotiations for possible exemptions for Mexico and Canada from US steel and aluminum tariffs imposed earlier this year will take place after th...

Read more
grace

10th meeting of JMMC: Producing countries continue to seek "balanced" oil market

In what is perhaps an ironic twist, OPEC , in its latest World Oil Outlook said it expected oil supply from non-OPEC producers to increase by...

Read more

Iran: Trump should stop interfering in Middle East

To counter the recent falling supply from Iran, OPEC and other oil producers are considering to raise the output of crude oil by 500,000 b...

Read more
grace

Michael Kors to buy Versace for $2.1B

After the deal closes, Michael Kors will be renamed Capri Holdings. Over the years, Donatella in particular has transcended her design role ...

Read more
grace

European Union open to free trade but not Chequers customs plan: document

The report , called Plan A+: Creating a Prosperous Post-Brexit UK, outlined how it can deliver a Brexit prize, including introducing a new ag...

Read more
grace

Trump's boast draws laughter during his United Nations General Assembly speech

Trump said America's economy is booming like never before and since his election, the United States has added Dollars 10 trillion in wealth. H...

Read more
grace

Ripple cryptocurrency to hit key $1 threshold, predicts CEO

If Ripple had followed through with its commitment, R3 would have been able to purchase XRP tokens worth $1.2 billion for only $42.5 million...

Read more
grace

Needle found in Australian strawberries sold in New Zealand

Countdown is also advising customers to cut up strawberries before eating them. Asked specifically about which Countdown supermarket store ...

Read more
grace

Taiwan arms deal risks inflaming US-China relations

The statement was released after a 10-percent import tariff imposed by the USA on $200 billion worth of Chinese goods came into effect. China re...

Read more
grace

Instagram co-founders resign in latest Facebook shake-up

Notifying Instagram's senior team and its parent company, Facebook, on Monday, Systrom and Krieger have not given a specific reason for their de...

Read more
grace

Oil sets sight on $100

Kazempour said that he viewed Washington's increased political pressure on Iran and OPEC "something which can not be accepted". The OPEC car...

Read more
grace

Canada's Barrick Gold to buy Randgold for $6.5 billion

Under the deal, he would remain executive chairman, while Randgold's chief executive and president Mark Bristow would step into the same role fo...

Read more
grace

SiriusXM is buying Pandora, and that’s a huge deal

Over 70 million Pandora monthly active users make up the "largest digital audio audience in the US", although monetizing this subscriber base ...

Read more
grace

Versace set for takeover in $2bn deal

A representative for Versace declined to comment on the potential transaction. The private equity firm plans to sell its stake in the deal, a...

Read more