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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...

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Breaking News

'Chuck Chequers', Johnson challenges May on #Brexit

Dancing onto the stage to the tune of Swedish pop group ABBA's hit " Dancing Queen ", May mocked herself, jokingly saying if she lost her voice it was because she had been up half ...

SEC Lawsuit Against Musk Wiped $7.3 Billion From Tesla’s Market Value

The charges come after Musk claimed in August via a series of tweets that he was planning to take the electric auto maker private, and implied that such a move was imminent with "...

Trump Avoided Trudeau More Than Once at UN, Official Says

Speaking at a news conference in New York, Trump also said he was planning to effectively terminate the North American Free Trade Agreement and impose steep tariffs on all automoti...

Michael Kors nears to buy Versace for $US2 billion

And it comes as the Michael Kors business still hasn't been turned around, despite some progress made. Models present creations at the Versace show during Milan Fashion Wee...

Amazon to open 3,000 brick-and-mortar stores by 2021

The initial store's hardware alone cost more than $1 million, according to AdAge .According to AdAge, an anonymous source revealed Amazon is considering a plan to open about 10 ...

Coca-Cola in talks to create marijuana-infused ‘wellness drinks’

Coke's possible foray into the marijuana sector comes as beverage makers are trying to add cannabis as a trendy ingredient while their traditional businesses slow. Aurora was up mo...

Apple Issues Letter Responding to President Trump’s Proposed Tarrifs

By 2021, based on International Monetary Fund economic forecasts, the USA would lose about 1 percent of its annual output or about $230 billion while China would lose 0.6 perce...

New NAFTA deal sought between USA and Canada, World Business Report

At the same time, Trump needs a win on trade ahead of the US midterm elections in November that will test the president's ability to keep control of Congress. One of the major sti...

Chinese Billionaire Arrested in Minneapolis, Later Released

But, contrary to the company's statement , Minneapolis police have not actually cleared Liu of wrongdoing and have instead said that they are now investigating the allegation a...

Trump threatens Congress - Stay out of my plans for NAFTA

While the law, on average, added an extra $33,000 to the coffers of the richest taxpayers, only two percent of workers reported receiving a pay increase or bonus after their corp...

Special Reports

China's Xi offers $60 bn Africa aid, says 'no strings attached'

China's Xi offers $60 bn Africa aid, says 'no strings attached'

All but six of the over 40 African leaders and heads of state and government attended the 3rd Summit chaired by the Communist leader Xi Jinping to definitely tighten China's grip o...

Donald Trump Cancels Pay Raises For Federal Employees

Donald Trump Cancels Pay Raises For Federal Employees

Trump wanted to freeze federal pay in the 2019 budget, but the Senate included a 1.9 percent increase in its plan. Trump said he was nixing a 2.1 percent across-the-board raise f...

Trump announces trade deal with Mexico, says he will ditch Nafta name

Trump announces trade deal with Mexico, says he will ditch Nafta name

He announced the progress from the Oval Office, with Mexican president Pena Nieto joining in on speakerphone. The North American Free Trade Agreement (NAFTA) has drawn most of ...

National Enquirer boss granted immunity in Cohen probe

National Enquirer boss granted immunity in Cohen probe

His company allegedly was involved in the hush-money deals, involving payments to porn star Stormy Daniels and former Playboy model Karen McDougal to shut down allegations of a...

Trump asks U.S. SEC to consider switch to half-year corporate filings

Trump asks U.S. SEC to consider switch to half-year corporate filings

On Twitter , Trump said that one executive had suggested the change as a way to boost business, but did not name the individual or the company. While some business leaders have ...