Archive | Markets

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Flights suspended at London's Gatwick Airport | AP business

All flights in and out of London Gatwick Airport (LGW/EGKK) had been suspended this evening due to a technical fault with the air traffic co...

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Sewing faces skeptical Deutsche Bank investors on revamp roadshow

The vast restructuring - which will see 18,000 job losses - is forecast to cost 7.4 billion euros ($8.3 billion) and will shrink the bank's capi...

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IndiGo promoter feud out in the open

InterGlobe Aviation (or IndiGo) is also the parent of the country's largest airline IndiGo . Mr. Bhatia, through his Interglobe Enterprises ...

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Bond yields up as markets await Fed signal

MSCI's broadest index of world stocks .MIWD00000PUS rose 0.42%, with U.S. equities touching record highs following the release of prepared rem...

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'Extraordinarily Rare': Delta Engine Damage Sparks Emergency Landing in Raleigh

A USA passenger plane has made an emergency landing after part of one of its engines came loose mid-air. Footage posted to social media by pas...

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European Union summer forecast leaves Bulgaria 2019 growth estimate unchanged at 3.3%

The worrying signals continue to come from the inflation forecasts , especially as Europe is at risk of sliding into a Japanese scenario of low...

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Amazon Alexa to start offering NHS health advice

The use of voice search is on the increase and is seen as particularly beneficial to vulnerable patients, such as elderly people and those w...

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Futures turn positive after Fed chief Powell's remarks

South Korea edged up 0.4%, but Japan's Nikkei lagged with a loss of 0.1%. Since Fed officials met last month, when they chose to hold rates st...

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Oil Prices Jump On Bullish Inventory Data

OPEC and allied producers led by Russian Federation agreed last week to extend their supply-cutting deal until March 2020. Brent settled up 5 ...

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Bank of Canada may diverge from dovish peers as economy rebounds

Inflation is expected to come in at 1.9 per cent next year and 2 per cent in 2021, according to the bank. Ongoing concerns about shrinking USA...

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IBM Completes The $34 Billion Red Hat Acquisition

IBM closed its $34 billion purchase of Red Hat , sealing the world's second-largest technology deal ever and setting up the iconic US technolo...

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China’s June producer prices and consumer price index

Although year-on-year growth in the CPI is expected to rise above 3% in some of the coming months, the upward pressure is likely to ease as the ...

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Cisco to buy Acacia Communications for $2.6 billion United States dollars

The deal is Cisco's largest since it laid out $3.7 billion for AppDynamics in 2017. Shares of Acacia soared more than 38% pre-market, wh...

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Rouhani says Britain to face 'consequences' for seizing Iranian tanker

Iran's president says Britain will face "repercussions" over the seizure of Iranian supertanker. "You (Britain) are the initiator of insecurit...

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Powell testimony to be studied for signs of coming rate cut

Mr Powell is set to testify on Wednesday after a strong June jobs report dampened expectations for aggressive Fed action. Expectations for a 5...

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David Markus from Facebook assures Congress that Libra will collaborate

Among the hardest hit were cryptocurrency exchanges which have since the RBI ban either shut down or moved operations overseas. Marcus's res...

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Burger King now sells $1 tacos nationwide

Taco Bell has been killing it with their French fries, so it's only fair that the burger chains got their revenge. "The Crispy Taco adds varie...

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BMW rolls out its first electric Mini in the UK

Until now, only the Countryman was available with a PHEV drive from the BMW 225xe Active Tourer. You'll also find a standard 6.5-inch touchscree...

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Virgin Galactic seeks space tourism boost with market launch

Virgin Galactic and Social Capital Hedosophia did not respond to requests for comment from Reuters outside regular business hours. Money raise...

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Bill Gates calls Steve Jobs a 'wizard' who saved Apple

Gates was questioned about his own tough leadership style while at the helm of Microsoft, but the conversation quickly turned to Apple, with Job...

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Instagram announces new features to help counter bullying

Anti-bullying group Ditch the Label found in 2017 that 42% of 12-to-20-year-olds surveyed in the United Kingdom who were bullied online expe...

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Free Chick-fil-A On Cow Appreciation Day

But you have to make some big moooooves first. Chick-fil-A said that during last year's appreciation day, 1.95 million customers dressed up li...

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Tesla to offer self-driving chip upgrade for older models

For those of you out there who happen to own an older Tesla vehicle - or just over half a million people - there's some good news for you. Elo...

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CannTrust broke rules, grew in unlicensed rooms

The company did not disclose the financial impact from the non-compliance, while Miehm said he believes volumes from the held inventory represen...

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Mobile service providers working to resolve country-wide wireless outage

Some other police departments - including Toronto - also reported issues with dropped 911 calls. Shaw spokesperson Chethan Lakshman said that ...

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Amazon brings Prime Day Celebration Alive with Virtual Reality Experience Zones

And, that credit is going to come in extra handy when it comes round to Amazon Prime Day next Monday, as the online retailer has already confi...

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Wall St falls as Apple drags, sharp rate cut hopes fade

Morgan Stanley cut its rating on equities to "underweight", based on an assessment of the pluses and minuses of a rate cut. Expensive valuati...

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Volkswagen ID.R smashes Goodwood hillclimb record

With that, the VW ID R has set a new record at both this year's and overall Goodwood Hillclimb record. He was driving a 780-horsepower McLa...

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Turkey: Russia preparing S-400 systems for delivery

According to Hürriyet, Erdogan said that if interest rates fall, then inflation will also fall. Cetinkaya was criticised by investors for ti...

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Oil Minister Zanganeh says hopeful Iran's oil exports will improve

Crude prices rose on Monday, adding to gains in the previous session on better-than-expected US jobs data, although gains were tempered by worri...

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