Finance

"Nightmare, Nightmare": Tourists Stranded After Thomas Cook Collapses

About 525 Thomas Cook flights, carrying mainly tourists, were due to fly into Spanish airports over the next 15 days, with about 70% on UK-Spanish routes. Joh...


Walmart stops selling e-cigarettes; S. Korea warns against vaping

On Friday, the New England Journal of Medicine published a letter from researchers at Boston Children's Hospital who identified 908 confirmed and suspected va...


Amazon aims to be a carbon zero company by 2040

The Bezos announcement , also detailed in a company blog post , was delivered in tandem with a lofty new climate change initiative aimed at meeting the e...


Petrol prices rise Re 1.60 in one week post Aramco attack

Although global oil prices have cooled since the spike on September 16 but remain on the edge. Attackers using low-flying drones and cruise missiles knocked o...


Fate of travel firm Thomas Cook up in the air after talks

He said hundreds of people were staffing call centres and airport operations centres. The UK's Civil Aviation Authority said on Monday that Thomas Cook had ...


Thomas Cook on the brink, six lakh travellers at risk

Thomas Cook reiterated that the recapitalisation would result in existing shareholders' interests being "significantly" diluted and highlighted a "significant ...


Fed's Bullard, explaining dissent, says USA manufacturing appears 'in recession'

Clarida insisted that the split was not a sign that the Fed was having troubles arriving at the proper interest rate setting for the economy. "The Fed has a l...


Facebook suspends ´tens of thousands´ of apps in privacy review

Facebook also filed legal action against companies LionMobi and JediMobi, companies that used apps to infect users phones with malware to generate profit and ...


Airbnb plans public listing in 2020

An Airbnb spokesperson declined to comment when asked whether the paperwork has been filed. Airbnb was last valued at $31 billion. A Reuters report in...


Amazon and Google work concretely on green energy vows

In the U.S., Google will purchase energy from 720 MW of solar farms in North Carolina (155 MW), South Carolina (75 MW), and Texas (490 MW)-more than doubling ...


Mark Zuckerberg Met Donald Trump at the White House

Facebook CEO Mark Zuckerberg - whom I'd be inclined to call beleaguered if it weren't for the willfully monotonous way in which he's weathered all of his co...


Walmart will stop selling e-cigarettes as backlash spreads

Walmart Inc WMT .N told staff on Friday it will stop selling e-cigarettes and electronic nicotine delivery products at its US stores, amid a growing crackdown ...


Wall Street drops after China cancels visit to Montana farmland

Federal Reserve policymaker James Bullard said Friday he dissented from this week's vote on interest rates because he wanted to see a bigger rate cut as "insura...


Mitsubishi Corp Singapore-based unit loses US$320m in unauthorised trades

The trader, hired in November 2018 to handle oil business with China, "repeatedly" engaged in the unauthorized deals since January, disguising them to "look lik...


Trump Exempts Plastic Straws From His Sucky Tariffs

President Trump is famous for a blunt economic decision, and so far even though his decision made controversies overall, the country benefited from it. Trump ...


Almost 700 workers temporarily laid off at St. Catharines GM plant

The current production stoppage does not affect the transition plans, Wright said. The UAW says it will continue negotiations with GM into the weekend and bey...


Trump announces new United States sanctions on Iran central bank

Among the debris was what was said to be a delta wing of an Iranian unmanned aerial vehicle. Colonel Malki said 18 UAVs had been fired at the Abqaiq oil fac...


Yemen's Houthis say will stop all attacks on Saudi Arabia

Tensions have mounted in the Persian Gulf region since Trump's decision a year ago to abandon the 2015 nuclear deal the USA forged with Iran, alongside China,...


India cuts corporate taxes to boost manufacturing and revive growth

Starting from the current fiscal year, any domestic company has the "option to pay income tax at the rate of 22 per cent" as long they do not seek any special t...


Scenes of destruction at Saudi oil plant hit by attacks

Earlier, media reports referred to unidentified drones hovering over Al-Bukamal and surrounding areas controlled by Iranian forces and its allies in eastern...


India slashes corporate taxes in multibillion-dollar growth bid

The effective tax rate for these companies shall be 25.17 % inclusive of all surcharge and cess, " Sitharaman said. Sharing similar views, Ficci said that the...


Roku Premiere makes its United Kingdom debut, along with new streaming stick designs

The Express and Ultra are available to pre-order today. I went hands-on with the new Express and Ultra at a private press demo in New York City, and the Expre...


Saudi oil firm Aramco could delay IPO after attacks

Aramco's primary listing will be on Tadawul, the local stock market, in Riyadh, but the government is still considering a secondary listing overseas, he said. E...


Chinese, other foreign investors to face tighter scrutiny in US

However, the two sides have called a bit of a ceasefire and will hold talks beginning this week in Washington to try and iron out a new trade deal. Preside...


Fed officials split on interest rate path

But Fed policymakers have been divided on just how much preventive medicine is warranted when the USA economy is still expanding at a healthy clip. Kerstin Br...


USA issues visas for Iran's Rouhani, Zarif to travel to UNGA

Iran has insisted the attack on a Saudi oil field and refinery was launched from Yemen by Houthi rebels, who have claimed responsibility. "While the forei...


Mass. Gas Prices Continue to Fall Midway Through September

Mac says oil prices have the biggest effect on gas prices and now there is a unique situation underway. In the mean time, the normal cost for customary gas in...


EU warns no-deal Brexit imminent if UK doesn't get serious

An attorney for victims of sexual abuse by clergy says the Roman Catholic Archdiocese of Chicago has paid $80m in settlements to his clients since 2001. And he ...


Apple says US$14b EU tax order 'defies reality and common sense'

Apple's delegation was led by Chief Financial Officer Luca Maestri. He claimed Apple pays on average 26% tax globally, and is now paying approximately $22 bi...


EU's $14 billion tax sanction 'defies reality, common sense'- Apple

Mr Beard stated that: "The commission contends that essentially all of Apple's profits from all of its sales outside of the Americas must be attributed to two...


National Cheeseburger Day 2019: Best deals, discounts, freebies for today

Forget Christmas Day or New Year's Eve - International Cheeseburger Day is the celebration we can get behind the most in life. Applebee's: Participating l...


California man is 7th death linked to vaping-related lung illnesses

No consistent e-cigarette or vaping product, substance, or additive has been identified in all cases, nor has any one product or substance been conclusively l...


Iran warns of ‘immediate response’ to any U.S. action over Saudi attack

An already-tense relationship between Iran and the United States has worsened over the past year, when Trump withdrew the United States from the nuclear pact ...


US Federal Reserve cuts interest rates for second time

Cash available to banks for their short-term funding needs all but dried up this week, and interest rates in USA money markets shot up to as high as 10% for som...


Federal Reserve expected to cut interest rates

There is evidence things are calming down. "I think it's always concerning if the Federal Reserve can't control the federal funds rate", Kathy Bostjancic, O...