Archive | Markets

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Mega Millions Jackpot Now Worth $654 Million

Saturday's Powerball drawing followed a Mega Millions drawing on Friday night, for which there were also no winners. "With a little luck, we...

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Facebook now says data breach affected 29 million users

They used an automated technique to move from account to account so they could steal the access tokens of those friends, and for friends of th...

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Air India Flight Attendant Falls Off Parked Plane, Suffers Multiple Injuries

She has been admitted to Nanavati Hospital. Air India is now investigating the incident, according to reports. Owing to the incident, the ...

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Why Saudi Arabia is valuable to Trump

Turkish officials have said they fear a Saudi hit team killed and dismembered Khashoggi, who wrote critically of Saudi Crown Prince Mohammed bi...

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Trump Says Sears Bankruptcy Is a ‘Very, Very Sad’ Moment

As of May, it had fewer than 900 stores , down from about 1,000 at the end of previous year. Much of his focus has turned to Sears' online pres...

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Trump says Saudi king ‘denies any knowledge’ of missing journalist

The US is increasingly convinced that Khashoggi, a Washington Post writer and critic of Riyadh, died after entering the Saudi consulate on O...

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Patisserie Valerie Finance Chief Arrested, Company Faces Uncertain Future

Hertfordshire Police told the BBC: "A 44-year old man from St Albans has been arrested on suspicion of fraud by false representation". The cri...

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Sears, the Amazon of its day, files for bankruptcy

Sears listed assets in the range of US$1 billion (RM4.16 billion) to US$10 billion and liabilities in the range of US$10 billion to US$50 billio...

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Trump steps up his attacks on Federal Reserve's rate hikes

Just two hours before, CNBC reported that an unnamed senior White House official told its correspondent that, "This is a bull market correctio...

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Saudi Arabia says it will respond to any economic sanctions

A delegation from Saudi Arabia has now arrived in Turkey as part of a joint investigation into the disappearance. When asked about a response ...

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Rubio: Trump must respond with 'more than words' over Jamal Khashoggi

Mark Dankof, a former US Senate candidate, said in an interview with Press TV on Saturday that Trump is "playing games" with regard to the disap...

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IEA lowers its growth forecast in oil demand for 2018, 2019

The IEA sees production from outside the Organization of Petroleum Exporting Countries rising another 1.7 million barrels a day next year. O...

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United Kingdom announces subsidy cuts for plug-in hybrids

Under the new system, only Category 1 vehicles, which emit fewer than 50g of Carbon dioxide per kilometre travelled and are capable of more than...

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Chinese stocks tumble to multi-year lows

Stock indexes in Tokyo, Shanghai , and Shenzhen fell by more than 4%. -China trade spat on the country's economy and its markets . The Shan...

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Flight delayed in Florida after woman brings emotional support squirrel on plane

But Dr. Kenneth Covelman, a psychologist with the council for relationships, says airlines do have the right to limit what animals can be on t...

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BMW ramps up investment in China to meet electric demand

In August, China's new vehicle sales continued to fall, following a drop in July. From 2020, a fully electric model, BMW iX3, will be produced...

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The longest flights in the world

The world's longest direct commercial flight is back and taking travelers from Singapore to the NY region. The inaugural flight from Changi ...

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Boston Dynamics shows off jumping, running humanoid robot

Are we one step closer to the robo apocalypse? They have also shown footage of their robots' capability to self-correct after receiving a kn...

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Mega Millions, Powerball jackpots worth over $860 million

The next drawing will be Tuesday. Mass Lottery spokesman Christian Teja said this weekend's drawings will total over $865 million, with tomorr...

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Oil futures lose more ground in electronic trading after API supply data

Meanwhile, EIA expected West Texas Intermediate (WTI) crude oil prices will average about 6 dollars a barrel, lower than Brent prices in 2018 an...

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U.S. inventories of crude oil, gasoline increase

Brent crude settled up 17 cents a barrel at $80.43, after dropping 3.4 percent on Thursday. U.S. West Texas Intermediate (WTI) crude CLc1 fut...

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Mnuchin takes another spin as Trump's global defender-in-chief

He has frequently criticised the USA central bank for gradually raising interest rates. Trump's comments echo his previous criticisms of recen...

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Lift off: Singapore Airlines to boost U.S

Ticket sales for this flight were opened only about two months ago and we expect more bookings in the coming months, " Lim said. "I have a...

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Elon Musk's tequila is called 'Teslaquila', and he says it's 'coming soon'

Mr Murdoch, chief executive of 21st Century Fox, who joined Tesla as an independent director past year, has indicated that he would like the job...

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Hackers accessed personal information of 30M Facebook users

Facebook originally disclosed the hack to the public two weeks ago saying 50 million accounts were compromised. Facebook is warning the ...

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New stores and online growth help IKEA fend off rivals

The store will directly employ around 1000 people while another 1500 will be employed indirectly. He also added, " Bengaluru is a very special ...

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China's September trade surplus with United States widens to record $34.13B

Notably, the September surplus with the USA was bigger than China's overall trade surplus of $31.69 billion for the month. President Trump has...

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International Monetary Fund chief, Pakistan FM meet as Islamabad seeks bailout

According to the Bretton Woods institution's latest World Economic Outlook Report on World Economy and Financial Surveys, the economic growth ...

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Trump says market drop is 'correction that we've been waiting for'

Dallas Fed President Robert Kaplan said he still favors the central bank raising short-term interest rates three more times before deciding whet...

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British PM May briefs inner Cabinet that Brexit deal is close - FT

EU's chief negotiator Michel Barnier has said there could be a deal by next Wednesday but only on the condition the Prime Minister agrees to i...

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