Finance

Vegetarian Patty Gets the Burger King Whopper Test

Nestle's product includes wheat and extracts of beetroot, carrot and bell peppers to help make it look like meat. The race to feed the world's growing vegan p...


Saudi government spied on Bezos

Last month, he took the further step of accusing Mr Pecker of trying to blackmail him with the threat of publishing "intimate photos" he allegedly sent to Ms ...


Aramco's Giant Profit Dwarfs Joint Earnings of 163 Saudi Stocks

Details released by Aramco show how its bumper profits are driven by its ability to produce oil in its home country at rock-bottom costs of only $2.80 a barre...


Erdogan's ruling AKP suffers setback in Turkey's local election

Ekrem Imamoglu, the candidate from the main opposition Republican People's Party (CHP), had won 48.79 percent of the votes, as against 48.51 percent for Yildiri...


Facebook to reveal News Feed algorithm secrets

But which posts show up, and more importantly, why they show up, has always been a sort of black box to which not many Facebook users have any answers to. The c...


Govt increases petrol price by Rs6 per litre

Price of diesel will go up by 10 dirhams. The LDO price has been increased from earlier Rs77.53 to Rs80.53 per litre. Their total contributions to the fuel pr...


Technical glitch grounds flights across country

The FAA recommended people contact airlines directly for flight information and updates. In a tweet , an airline rep said the glitch is "affecting our flight...


Huawei rips USA government over China spying accusations

The company's smartphone sales revenue has increased by 25.1% over the previous year. Its total revenue rose almost 20 percent to about 721 billion yuan, mark...


AstraZeneca to raise $3.5bn for global partnership

The ADC rounds out AZ's portfolio of emerging cancer drugs, sitting alongside cancer immunotherapy Imfinzi (durvalumab), targeted therapy Tagrisso for lung canc...


China, US trade talks adjourn until next week

Among the best performing non-leveraged ETFs of Friday, the VanEck Vectors ChinaAMC CSI 300 ETF (NYSEArca: PEK ) gained 3.9%, Xtrackers Harvest CSI 300 China ...


Google Removes Controversial 'Gay Conversion' App From Play Store

According to Business Insider , Google removed an app called " Living Hope Ministries " after it "encouraged LGBTQ people to seek conversion therapy". "Somet...


US GDP growth revised down sharply to 2.2% in Q4

Reuters reported corporate profits failed to rise for the first time in more than two years. Corporate profits fell by $9.7 billion in the fourth quarter, af...


Investors hitch a ride on Lyft's IPO at $72 a share

The next test will be to see how the stock performs when it begins trading later Friday morning. "In 2012 we launched Lyft, and pioneered the idea of on-deman...


Germany's Daimler, China's Geely join forces on Smart brand

The brand has been a loss-maker for parent company Daimler , which also owns Mercedes-Benz, since the launch of its first auto the City Coupe in 1998. " Geely ...


McDonald’s buying a startup that uses artificial intelligence

It could also suggest food items based on what a customer has ordered in the past by recognising their number plate. Steve Easterbrook, the President and Chie...


State issues guidelines for CBD, industrial hemp

CBD is a non-psychoactive compound found in hemp, a version of the cannabis plant that is low in THC, the part of cannabis that gives pot its high. "Cannabis is...


Passengers unloaded from stuck ferry after 10-hour ordeal

Queen of Surrey waiting for a tug to arrive to tow it off the Stormaway dock. Gibsons resident Kurt Penner was in the auto lineup waiting to get on the 8:40 ...


Turkey president blames West for currency rate fluctuations

The first Russian S-400 delivery is expected in July. Erdogan, meanwhile, on Thursday reiterated his belief that interest rates must be lowered to fight ris...


Trade deficit shrinks to $4.2B in January, StatCan says

In January, imports fell 2.6 percent to $258.5 billion, the lowest level since last June. Data for December was revised down to show the trade gap widening to...


Huawei security slammed by United Kingdom government report

The report does not literally overturn that view but it does blast out a very loud and alarming warning about the difficulty for United Kingdom operators to "ap...


Huawei welcomes EU executive's 'objective' approach to 5G

In the recommendation published Tuesday, the European Commission , the bloc's executive body, left the decision in the hands of the member states. "There is a ...


Grindr stokes bad blood in U.S.-China relationship

Kunlun Group bought a 61.5% stake in 2016 from the company's United States founders, taking full control in January 2018. The news organization cites two unname...


Apple ‘playing the long game’ with digital credit card and services push

However, Goldman Sachs International CEO Richard Gnodde said that the card will eventually see an international release, after an initial focused developmen...


Lyft valued at $24.3 billion in first ride-hailing IPO

Unlike Lyft's employees and early investors, who are restricted by a lockup period from selling their shares, drivers will be able to sell any Lyft stock purcha...


Wow, Indeed: Wow Air Ceases Operations, Stranding Travelers

The carrier previously claimed it was in the final stages of completing an agreement over raising new funds with a group of investors. Passengers took to soci...


Surprise EIA Build Could Pressure Prices Along with Demand Concerns

Brent crude oil futures yesterday slipped to $66.73 per barrel, down 30 cents, or 0.5 per cent over supply disruptions from the Organisation of Petroleum E...


McDonald's to embrace Machine Learning in tech deal worth $300 million

Since taking the helm in 2015, Chief Executive Officer Steve Easterbrook has pushed technology - including self-order kiosks, digital menus boards and deliver...


Is timing right for a New Yorker to claim Wednesday's Powerball jackpot?

Nobody has won it all since the day after Christmas, there have been 24 drawings since then and all have failed to produce a big victor. Twenty-four drawings si...


Apple faces United States iPhone import ban after judge rules in Qualcomm case

The US International Trade Commission ruled in to cases in the fight between Apple and Qualcomm. Although it's unclear precisely which iPhone handsets would b...


Treasury Yields Hit Lowest Since Late 2017

European shares, which broke four straight days of losses on Tuesday, slipped 0.1 percent though bank shares enjoyed a near-one percent lift after European Cent...


Henry Avocado recalls whole avocados

PIRG Education Fund Consumer Watchdog". It was also detected in recalled frozen broccoli last May. If you've already purchased the avocados , do not eat th...


Uber acquires Mideast competitor Careem for $3.1 billion

Uber would pay $1.4 billion in cash and the remaining $1.7 billion in convertible notes, the joint statement said. Uber's planned acquisition of Careem is a b...


British Airways flight brings passengers to Scotland rather than Germany

BA charitably (to itself) described the event as an "involuntary stopover" in Edinburgh, and says the plane took off again after a two-and-a-half-hour delay and...


Tesla has already raised Model Y prices

Musk's legal team responded on Friday, according to the Verge , and in legal filings laid out his case. Musk allegedly turned down that version of the settle...


Things You Need to Know About Apple's New Credit Card

There are no fees , a simpler application process, and users can receive 2 percent cash back on purchases made through Apple Pay using an Apple Card. For m...