Finance

Xi Jinping to meet top USA trade negotiators in Beijing

Trump's December agreement to postpone more tariff hikes while the two sides negotiate expires March 1. White House advisor Larry Kudlow told Fox Business las...


Airline sues passenger over skipped segment

The German national airline believes the customer exploited a loophole known as skiplagging - purchasing a cheaper ticket through a multi-trip fares system with...


Inflation to fall below target?

Inflation was largely lowered by prices for electricity and gas following an Ofgem cap on standard variable tariffs that decreased price increases in that categ...


Tesla Out of Cheaper Model 3s, Stakeholder Cuts Share in Half

Tesla updates are carried out remotely, as they are done via the cars' software. In absolute terms, Tesla Model 3 sales topped 140,000, with Chinese BAIC's...


Oil rises after Saudi output pledge, declining US inventories

The Organisation of Petroleum Exporting Countries (Opec) said it tightened its crude taps to cut nearly 800,000 barrels a day from its oil exports in January af...


Lottery victor claims jackpot wearing ‘Scream’ mask to hide identity

Mr Campbell waited 54 days to collect his $158.4 million ($1.17 million US) prize from the nation's Super Lotto , after his original win in November past yea...


USA officials arrive in China for trade talks as deadline looms

Those tariffs now stand at 10 percent, but an additional $50 billion worth of imports has already been hit by a 25 percent tariff. The dispute has escalated...


Activision Blizzard plan to cut hundreds of jobs

A company that manages their assets well will have a high return, while if manages their assets poorly will have a low return. The ATVI switched 2.07% away fr...


Jody Wilson-Raybould resigns from cabinet

The commissioner is limited from saying much else until the examination is complete, but the statement does confirm this is in regards to the allegations in the...


May rejects pivot towards Brexit customs union compromise

Liam Fox, the worldwide trade secretary, who signed the Swiss accord in Berne on Monday with a Swiss federal councillor, Guy Parmelin, said the deal was of "hug...


National Pizza Day 2019: Where to find free and cheap pizza today

Little Caesars is offering its Stuffed Pretzel Crust Pizza (yes, a pretzel crust stuffed with cheese) for $9. To take part in the contest, post a photo along...


Bank warns of no-deal recession

Investors now see nearly no chance of a quarter-point rate move by the end of the year. He said half the businesses surveyed by the Bank of England are "not r...


Lagonda All-Terrain Concept Is Aston Martin's First Electric SUV

However, owner Aston Martin revived Lagonda at last year's Geneva show, presenting it as a standalone zero-emission luxury brand . Based on the platform an...


Germany orders Facebook to stop combining user data from WhatsAp

If it fails, Facebook will have to change how it processes data internally for German users. Facebook has already announced that it will appeal the decisi...


Canada blows past forecasts by adding 67,000 new jobs in January

According to numbers released by Statistics Canada today (Feb. 8), the unemployment rate increased in Prince George to six per cent, which is up from 5.8 in D...


Jaguar Land Rover owner records $4 billion loss, driving share price down

In the quarter ended 31 December, Tata Motors plunged to a consolidated loss of ₹26,992.54 crore due to its biggest ever write-off of £3.1 billion ( ₹28,675 c...


Twitter's ad revenues soar but its user growth issues loom large

The company's share of the lucrative market is expected to decline this year as rivals like Facebook Inc. and Alphabet Inc.'s Google boost their dominance, ...


German authorities probe potential Huawei security risks - Funke

Huawei defended itself in a letter to United Kingdom lawmakers made public this week, saying that it would take up to five years to see "tangible results" in up...


Amazon may end NYC headquarters plans due to backlash

The Citibank building, the site of a new workplace for Amazon employees, is seen in Long Island City of the Queens borough of NY, U.S., November 14, 2018. Amo...


BB&T will buy SunTrust in deal worth $66 billion

The 100,000-square-foot building slated for the intersection of J.K. Powell Blvd. and Columbus Street will house the 500 BB&T employees who now work in nine loc...


Jeff Bezos Accuses Tabloid Of 'Extortion' Over 'Intimate Texts'

It comes after the tabloid last month reported Bezos was in a relationship with former news anchor and entertainment reporter Lauren Sanchez - having acce...


Shares in Australian mortgage broking companies are getting destroyed

Westpac shares were up 4.7 per cent and Commonwealth Bank (which owns ASB in New Zealand) was up 4.9 per cent. Former chief monitor of business competition G...


Oil falls below $62 on U.S. inventories, fading Venezuela concerns

Later in the year, it expects markets to remain fairly balanced due to a combination of waivers expiring for importers of Iranian oil, and because of a roll-ove...


Explained: Why RBI’s decision to cut repo rate comes as a surprise

MPC members Viral Acharya and Chetan Ghate voted against a rate cut. "In the 12-month horizon, if we see that inflation remains at 3.9 or maximum of 4 perce...


Guyana could soon eclipse Venezuela's oil production

US West Texas Intermediate ( WTI ) crude futures were at $53.74 per barrel at 0153 GMT, up 8 cents from their last settlement. The American Petroleum Institut...


US' Mnuchin, Lighthizer to hold talks next week in China

They also found that 10 percent tariffs on a further $200 billion in imports that took effect in late September had less of an impact and had led to a well-docu...


GM set to begin 4,000 white collar layoffs on Monday

About 4,000 General Motors workers are about to lose their jobs. But on Friday a GM spokesman said the automaker had trimmed about 1,500 contract jobs, meanin...


HMV bought by Canadian music store mogul Doug Putman

KPMG, which oversaw the process, will retain a further 122 employees at warehouse functions to assist in winding down operations. Earlier on Tuesday, it was c...


State of the Union Address: Unity or Emergency? - Mish Talk

Trump's speech will also offer an olive branch to opponents as he looks toward the 2020 election, targeting areas he sees for potential bipartisan agreement, s...


Google Parent Alphabet Beats Holiday-Quarter Earnings Expectations

Overall, Alphabet recorded $39.3 billion in revenue during the fourth quarter, with Google's advertising business accounting for the vast majority of that reven...


Millions in cryptocurrencies frozen after Canadian founder’s death

The Canadian cryptocurrency exchange QuadrigaCX owes its customers about $US190 million, or 249 million Canadian dollars, according to CoinDesk . He took s...


SpaceX Fires Mars-Bound Raptor Engine

The entire hollow nosecone broke off, and at the time, Musk said it would take a few weeks to fix. SpaceX last month said it was moving its testing of the ...


General Motors starting white-collar layoffs this week

Catharines Propulsion Plant - would be impacted. Originally reported by The Detroit News , the report comes nine weeks after GM made a decision to halt produc...


Battling PM "determined" Britain to quit European Union on time

May will be heading to Brussels following her victory in the House of Commons earlier when MPs, by a majority of 16, backed her European Union withdrawal deal p...


China's relations with Western nations

Media relations staff admitted that "Huawei's world leading technology is now not world leading". Meng was given bail in a Canadian court soon after her arrest,...


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