Archive | Markets

U.S. vice president says China interfering in American politics

According to a Wall Street Journal report , Pence in a speech on Thursday said American companies must reconsider turning over intellectual...

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Pence attacks China on 'predatory' trade, 'coercion' and military 'aggression'

Pence described the encounter in which a Chinese naval vessel came within 45 yards (41 meters) of the USS Decatur as "reckless harassment", ...

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Pompeo will meet Kim Jong-un on Sunday, US State Department says

While in Asia, Pompeo will also visit Japan, South Korea and China, State Department spokesperson Heather Nauert said. Pompeo, who's preparing...

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Maharashtra, Gujarat cut fuel prices by Rs 2.50; Kerala, Karnataka refuse

Following Fin Minister announcement of cut of Rs 2.50 per litre in petrol & diesel prices, glad to share that Assam Govt has also chose to reduc...

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Rupee hits record low as fuel prices touch fresh highs

To alleviate cash crunch fears, the RBI has unexpectedly outlined a large bond purchase programme worth 340 billion rupees ($4.61 billion) for...

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Dairy farm industry weighs in on new USMCA trade agreement

Trump complained about the behavior of Canadian officials, and said he rejected a meeting with Prime Minister Justin Trudeau, although Trudeau'...

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Kansans praise new trade deal with Canada, Mexico

The agreement, reached on Sunday night, protects Canada's automotive industry from potentially devastating US tariffs, but includes no assur...

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US oil hits four-year peak ahead of sanctions on Iran

U.S. West Texas Intermediate (WTI) crude futures marked $75.90 a barrel around 0630 GMT today, their strongest since November 2014. WTI is u...

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Amazon raising minimum wage to $15 for all US employees

Amazon has announced it is raising its minimum wage in the U.S. to $15, following sustained pressure from Democratic Senator Bernie Sanders...

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Elon Musk resigns, pays $20m fine in settlement with SEC

ELON MUSK has agreed to resign as chairman of Tesla and to pay a $20m fine in order to settle charges of securities fraud . On Saturda...

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Amazon hikes pay for USA and United Kingdom workers following criticism

At the new pay rate, an Amazon employee who makes minimum wage would need to work more than 3 weeks (133 hours) to buy one share of the company'...

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United States president cheers new USMCA trade deal, heralds end of NAFTA era

Trade Representative Robert Lighthizer at his side. The new deal avoids the collapse of the North American Free Trade Agreement or NAFTA. Hu...

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GE Stock Soars After CEO John Flannery Unexpectedly Ousted

GE also announced a $23 billion goodwill charge on its power business, which has been struggling with a downturn in the gas-turbine market, and ...

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California governor vetoes abortion bill for university campuses

Finally, the bill also makes sure that Californians are protected from mega-corporations like the newly minted AT&T-TimeWarner who want to push ...

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SEC Lawsuit Against Musk Wiped $7.3 Billion From Tesla’s Market Value

The electric auto maker is this week expected to reveal how many vehicle deliveries it made during the three months ending in September in an an...

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Facebook: 'View as' feature opened 50M accounts to hackers

Check where you are logged into Facebook in the Security and Login tab. Although you will to have to log back into your account, you do not ha...

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Tesla Shares Soar After Elon Musk's SEC Settlement

Over the weekend, Musk agreed to a settlement with the SEC that requires him to step down as Tesla's chairman and pay a $20 million fine. Th...

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Ryanair faces fresh strike in Europe

The airline has warned Ryanair Aviation Company of the strike and said that it would be the most significant closure in the history of airline...

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Trump and Trudeau agree on a revised NAFTA deal

One of the officials said the discussions between Canada and the US were ongoing, but progress was being made. Canada also agreed to a quota...

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Boeing awarded $9.2B contract for Air Force T-X trainer aircraft

Because Boeing lost the F-35 jet fighter contract to Lockheed, and the B-21 Air Force stealth-bomber contract to Northrop Grumman , the T-X...

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VW announces partnership with microsoft for cloud connectivity

Microsoft and Volkswagen struck a deal to use the USA software giant's cloud technology to connect the auto manufacturer's entire vehicle fleet...

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What comes next in Facebook's major data breach

According to him, investigation is still in its early stages. Facebook discovered the breach on Tuesday, and determined that hackers had "ex...

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Amazon to open 'four-star' store in NY

There will also be a " Trending Around NYC " section. Business Insider reports that the idea is to only stock items that have been granted a...

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Canada postpones United Nations address to focus on NAFTA

Trudeau's comments comes a day after US President Donald Trump said he had rejected the Canadian prime minister's request for a one-on-one mee...

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McDonald's is giving away free coffees of any size tomorrow

Even so, one way or another, you shouldn't be paying for coffee today! This deal isn't limited to National Coffee Day though - so if you're st...

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China announces fresh tariff cuts to open up market

Beijing responded by imposing penalties on US$60 billion of American products. The two sides had already slapped tariffs on $50 billion worth ...

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McDonald's: Most burgers preservative free

In 2016, McDonald's successfully removed artificial preservatives from their chicken nuggets and took high-fructose corn syrup out of their buns...

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United States rate hike in the cards as Fed holds policy meeting

Global equities ran out of steam and USA bond yields fell after the Federal Reserve raised interest rates as expected, sticking to its script ...

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Jeff Bezos's Space Exploration Project Lands Big Rocket Partnership

It has reportedly picked Blue Origin's BE-4 engine for its Vulcan rocket . "I am pleased to learn that ULA has selected Blue Origin , and ...

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SA facing largest single fuel price hike: AA

Domestic fuel prices have been surging since mid-August due to various factors including rupee depreciation, high excise duty and rise in bren...

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