Business

News

Petrol and diesel prices: Another day, another paltry reduction

The so-called big four supermarkets - Tesco, Asda, Sainsbury's and Morrisons - raised the price of petrol by 5.49p a litre and diesel by 5.88p in May. Brent crude futures lost United States dollars $1.50 per barrel to settle at $75.29 per barrel....

Merkel hand Macron olive branch on eurozone reforms

Macron wants to turn Europe's existing bailout fund into a European Monetary Fund (EMF), to act as a buffer in any future financial crises in the bloc, which was almost torn apart in a debt crisis in 2009. Merkel said she was willing to discuss wi...

Sears to close another 72 United States stores

For the first quarter, net loss attributable to Sears' shareholders was $424 million or $3.93 per share, compared to net income of $245 million or $2.29 per share in the year-ago period. Liquidation sales will begin June 14. A central Illinois Sear...

Visa card payment disruption across UK and Europe

The outage seems to be widespread across the United Kingdom, however a small number of payments do appear to be going through - so stay on your toes if you need to use your Visa card today. HSBC bank's UK Twitter account replied to a customer query s...

Steel industry braces for United States tariffs on European exports

The U.S. president slapped a 25% tariff on steel imports and a 10% tariff on aluminum back in March, calling it a matter of national security. "Only they have to decide whether they want to enter a trade war with their closest partners". Besides the ...

AAA: Highest Memorial Day gas prices since 2014

Along with traffic woes, holiday travelers are facing high gas prices , up about a penny a day over the last few weeks. The national average for a gallon of gasoline is $2.96, up 60 cents from a year ago, according to the American Automobile As...

OPEC's suggestion of more oil drags markets lower

Brent crude oil rose above 80 dollars a barrel on Tuesday, supported by concern that falling Venezuelan crude output and a potential drop in Iranian exports could further tighten global supply. The collapse of Venezuela's economy and increased US ...

New privacy rules could spell the end of legalese

Many companies have made changes to their privacy policies across all continents; the difference is that users in the US aren't protected legally by GDPR , because it's a European Union law. Facebook's chief privacy officer Erin Egan said: "We...

Italy's top two parties demand re-vote rather than…

Economists worry that such goals are unrealistic given that Italy is deeply in debt ― making up 132 percent of its GDP. While in Rome the leaders of the Five-Star Movement (M5S) and the League are taking more time to form a government, the Europe...

Net Neutrality Just Became a Major Campaign Issue for 2018 and Beyond

Though the Senate vote to repeal will most likely be made moot by the house the Coalition of Internet Voters made a strong show of support as Sen. CTIA said that the FCC's repeal of net neutrality rules hasn't prevented Americans from acce...

Bill Gates says he'd bet against Bitcoin

Roughly 40,000 people attended Berkshire Hathaway's annual meeting on Saturday. He told the journalists: "As an asset class, you're not producing anything and so you shouldn't expect it to go up". Bill Gates concluded that the underlying blockch...

NEET UG 2018: Stringent checks at exam centres

On the other hand, actor-turned-politician Kamal Haasan also criticised the state government, saying , "In this digital age, expecting Tamil Nadu students to travel to Kerala and Rajasthan for NEET exam is not fair". This year the number has i...

Gennady Golovkin makes history with second-round knockout of Vanes Martirosyan

It was all of his punches. "It was the hardest I have ever been hit". It means the undefeated "GGG" not only retains his World Boxing Association, World Boxing Council, International Boxing Federation, and International Boxing Organization ...

Benjamin Netanyahu's Big Speech On Iran Was Aimed Directly At Trump

Ahead of a trip to Israel later this month, Gov. Rick Scott has a message for President Donald Trump: the United States needs to junk the 2015 Iran nuclear deal. The worldwide monetary system is so interconnected and so tied to NY that it might...

Walmart to acquire 73% in Flipkart at $20 Billion Valuation?

Walmart Inc has reportedly reached a deal to buy a majority stake in Flipkart by the end of June in what could be the U.S. retail giant's biggest acquisition of an online business, two people with direct knowledge of the matter said. If the deal wi...

Japan April services activity grows fastest in six months - PMI

New orders contracted to the fastest pace since July 2017 while new export orders fell to the lowest since December 2016. According to the apex bank: "The manufacturing and non-Manufacturing PMI report on businesses is based on survey responses, in...

Golden State Killer: 'You helped catch him,' comedian tells late wife

DeAngelo's name hadn't been on McNamara's radar screen, said Billy Jensen , an investigative journalist who helped write the book. DeAngelo was a "black sheep" who didn't joke around with other officers, said Farrel Ward, 75, who served on the f...

Stocks Down 425 As Tech Takes Hit; High 10-Year Treasury Yields

Eastern time. The Dow Jones industrial average lost 137 points, or 0.6 percent, to 23,886. The S&P 500 index skidded 35.73 points, or 1.3 percent, to 2,634.56. Wall Street had cheered Caterpillar's results earlier in the day after the company h...

US GDP growth cools to 2.3%

Economists widely anticipated the economy to grow at 2 percent , a downgrade from the fourth quarter of 2017 when the economy grew at 2.9 percent. The U.S. Former Obama economic adviser Jason Furman noted that the first quarter number was boos...

Here Comes Facebook's Annual Apps Fest. There's Just One Problem

Mr Schroepfer said Facebook had legal certification that the data had been deleted in 2015, but admitted he was disappointed by the way Facebook had handled disinformation campaigns on the platform, notably from Russian Federation. In all likelih...

Lexington Realty Trust (LXP) Stock Closed at $7.79

Lexington Realty Trust (NYSE:LXP) has grabbed attention from the analysts, when it saw a value increase of 1.7% or 0.13 points in the last trading session to close at $7.79. Korea Investment invested in 0% or 63 shares. Amalgamated Bankshares holds 0...

Marquez stripped of pole at Grand Prix of the Americas

Iannone blitzed his fellow front row starters to lead in Turn 1, but Marquez was already on his back wheel. Marquez proved unstoppable from that point on, the Spaniard opening up a two-second advantage by the end of the fifth lap and doubling that ...

Why TCS turning 100 billion dollar company is significant

What led to this record-breaking m-cap of TCS? Last week, when the markets closed on Friday, the company was at the verge of the milestone as the m-cap stood at slightly above $99 billion. "Last year, we had crossed $ 3 billion (in digital revenu...

P&G to acquire Merck KGaA consumer health unit

The deal comprises the Consumer Health business across 44 countries, including more than 900 products and two Consumer Health-managed production sites in Spittal, Austria, and Goa, India. Merck has stated that the proceeds from the acquisition deal...

Continuing demand for stricter gun laws, local students plan Friday walkout

When students across the Bay Area walked of class last month to protest gun violence, the spotlight turned on Los Gatos where a pupil got a failing grade after she joined her peers. "Schools are anxious about our safety when we're walking outside of ...

FM Arun Jaitley: No cash crunch in India, temporary shortage being tackled

The Centre and the Reserve Bank of India (RBI) have stepped in to tackle the shortage of cash in several states. "We are facing a situation similar to the government had scrapped 500- and 1000 rupee notes that triggered a cash shortage", he sai...

Jets ready for tougher test as series shifts to Minnesota

Fighting pucks all night, Hellebuyck was pulled for Steve Mason at the second intermission. Mikko Koivu and Nick Seeler each had two assists and Dubnyk made 29 saves, keeping the crowd loud all night. It came courtesy of Staal netting his first goal ...

Trump's personal attorney can't seem to keep his lies straight

Prosecutors said the investigation focuses on Cohen's "own business dealings" rather than his work as an attorney. Agents also sought records on Cohen's taxi business, CNN reported . Stormy Daniels previously filed a lawsuit against President ...

Martin Sorrell rejects 'allegations of financial impropriety' as WPP confirms investigation

The investigation into the undisclosed personal misconduct allegation is ongoing, said WPP's Buchanan Communications in a statement. The allegations about Sir Martin, 73, were first reported on Tuesday by the Wall Street Journal . "I reject the ...

Police say 4 wounded at YouTube HQ shooting, suspect dead

A spokesman for San Francisco General Hospital said it received three patients. A source told ABC7 News' Vic Lee there was one, female shooter and that officials are clearing rooms at the campus. Police on the scene said they have evacuated hundred...

Uber confirmed that it's selling its Southeast Asia business to rival Grab

Beyond its auto and taxi-hailing services, the company also has a payments platform called GrabPay and recently launched a financial services platform. "The answer is no". "One of the potential dangers of our global strategy is that we take on too ...

Air India's direct flight to Israel begins today

Netanyahu first suggested in January that the route could pass over Saudi Arabia but Riyadh has no official ties with Tel Aviv and Israel's national carrier El Al now takes a detour over the Red Sea on its India service to avoid Saudi and Iranian a...

United gives $US10,000 travel voucher to 'bumped' passenger

Her original flight from Reagan National Airport to Austin was canceled because of the winter snowstorm, as were thousands of other flights across the country, so she rebooked on the Dulles flight. "In that case, a good negotiation strategy is to sta...

Amazon could buy Toys "R" Us stores

Operating under the assumption that the majority of parents will continue to buy toys for birthdays and holidays, Lennett estimates that the organic decline for the total USA toy industry will be in the low single digits. Remember KB Toys? The compan...

Claire's blames its bankruptcy on dying shopping malls

Claire's filed for bankruptcy in DE on Monday with a pre-negotiated restructuring agreement seeking to rework almost $2 billion in obligations. The company, which has been piercing ears since 1978, sells its products in more than 7,500 locations a...

Search

Breaking News

Why Cold Snaps Don't Disprove Climate Change

The climate assessment is required by law every few years. One benefit the report may have, even despite a lack of media coverage, may be to weaken the administration's legal...

Bitcoin Dips Below $5,000 For The First Time In 13 Months

The free fall in crypto prices is pretty steep at the moment. BTC/USD is down more than USD 1,000 and it is now (UTC 08:30 AM) trading below the USD 4,500 level. Past year the ...

Amazon Has Made its Decision...Ocasio Cortez Is Not Happy

Amazon has amassed an unduplicated database of available sites and cities' strengths and weaknesses from the volumes of HQ2 proposals submitted. The company said the new fac...

MI becomes first Midwest state to legalize recreational marijuana

Many opposed to the measure argued that the proposal was too unstructured as it would have allowed for people to grow and possess as much cannabis as they want. "This is yet anothe...

What you need to know about the Pa. midterm elections

Laying into the tangled legal scandals enveloping the Trump administration - especially the possible collusion between his presidential campaign and Russian operatives - Obama sc...

Apple Will No Longer Report Hardware Sales Figures

Apple's faithful customers aren't snapping up iPhones quite as enthusiastically as anticipated heading into the crucial holiday shopping season. Sure enough, in the three month p...

Crude oil is doing something it hasn't done in years

The reign as world's biggest oil producer may be short-lived: Russian Federation in September produced 11.37 million barrels a day and they may be above 11.4 million in October....

IBM buying North Carolina-based Red Hat in $34B deal

Both Red Hat and IBM said the combined company will accelerate "hybrid multi-cloud adoption". "IBM's commitment to keeping the things that have made Red Hat successful - always t...

Wall Street resumes selloff; S&P flirts with correction

The Dow Jones Industrial Average lost more 2.4 percent, losing more than 600 points to end at 24,583.42. The Dow dropped 296.24 points, or 1.2 percent, to 24,688.31. Caterpill...

China 'creates two billionaires a week'

According to the Billionaires Insight Report , "China's billionaire entrepreneurs are leading their country's economic transformation, and by extension that of the rest of Asia"....

Special Reports

Lottery boom in Arizona continues; another $1M ticket sold near Phoenix

Lottery boom in Arizona continues; another $1M ticket sold near Phoenix

The six winning numbers drawn on Tuesday night were 5, 28, 62, 65, 70 and 5 again as the special Mega Ball. No ticket matched all six numbers for the prize Wednesday night, makin...

Saudi Arabia has 'no intention' of 1973 oil embargo replay

Saudi Arabia has 'no intention' of 1973 oil embargo replay

Khalid al-Falih said if the kingdom has to use its oil reserves if it wants to cover 3 million barrels per day of oil loss from Iran. The United States warned Russian Federation ...

Jamal Khashoggi case: Liam Fox rejects Saudi summit

Jamal Khashoggi case: Liam Fox rejects Saudi summit

Karen Attiah, the Global Opinions editor at The Post , wrote a note at the top of Khashoggi's newest article. "I do think it's important that everyone keep in their mind that we...

Trump says allegations against Saudis are example of

Trump says allegations against Saudis are example of "guilty until proven innocent"

Saudi Arabia has denied these reports . Turkish officials would not comment on the disposal method for the body, pending investigation and a planned search of the consul's resi...

Netflix surges on user gains, strong profits

Netflix surges on user gains, strong profits

These new subscribers brings Netflix total subscribers to 137 million a userbase that is only behind YouTube's 192 million when looking at streaming services. During the September ...