Shares surge at Google's Alphabet as it crushes forecasts

Google said little about the fine, which regulators said is for anticompetitive behavior with its Android mobile operating system, in its earnings release. Google added over 13,000 employees since Q2 2017, now putting the total headcount for the ... More..

by | Published 27 days ago
Iran will 'suffer consequences' if threats continue
by | Tuesday, July 24, 2018

Iran will 'suffer consequences' if threats continue

Iran's Foreign Minister Mohammad Javad Zarif hit back on Monday at threats from US President Donald Trump on Twitter , warning him to "BE CAUTIOUS!" A prominent Lebanese analyst said he was concern...More..

Tesla shares sink on reports carmaker is running short on cash
by | Tuesday, July 24, 2018

Tesla shares sink on reports carmaker is running short on cash

Tesla has asked some of its suppliers to return parts of payments that the carmaker has made since 2016 in an attempt to turn in a profit after years of burning cash, the Wall Street Journal reports , citing ...More..

Elon Musk Apologizes to British Cave Diver for Calling Him a 'Pedo'
by | Monday, July 23, 2018

Elon Musk Apologizes to British Cave Diver for Calling Him a 'Pedo'

The 12 Thai soccer boys gave their first press conference in northern Thailand this week since being rescued earlier this month. Musk's explicit accusations were reportedly without solid foundation. The footb...More..

Finally, sanitary napkins to be exempt from GST
by | Monday, July 23, 2018

Finally, sanitary napkins to be exempt from GST

The central government has got one step closer to women by exempting sanitary napkins from the Goods and Services tax regime (GST). Apart from that the council has now put sanitary napkins under the exempted ...More..

Trump issues all-caps threat to Iran
by | Monday, July 23, 2018

Trump issues all-caps threat to Iran

The all caps missive warning to President Hassan Rouhani to "be cautious" was in response to equally belligerent comments the Iranian leader made at a gathering of his country's diplomats in Tehran Sunday. "S...More..

by | Monday, July 23, 2018

Tesla pushes suppliers to return payments

A memo seen by the newspaper showed that Tesla requested "a meaningful amount of money" to be returned from its suppliers on payments it made since 2016. It would not be correct to apply historical cost savin...More..

Mega Millions jackpot at $433M for winning numbers drawing tonight
by | Monday, July 23, 2018

Mega Millions jackpot at $433M for winning numbers drawing tonight

Proceeds from Mega Millions and Georgia Lottery games will benefit education in the state of Georgia. The next drawing takes place at 11 p.m. Tuesday. It will also be the largest total since a single ticket p...More..

McDonald's tainted salads sicken 163 people in 10 states
by | Monday, July 23, 2018

McDonald's tainted salads sicken 163 people in 10 states

The illnesses started on or after May 1, according to the FDA . Three people have been admitted to hospital, according to the CDC , which is investigating the outbreak of cyclosporiasis in conjunction with ...More..

Trump says China, EU
by | Monday, July 23, 2018

Trump says China, EU "manipulating their currencies" -- and US dollar hit

The comments also signaled an undiminished appetite for battle on multiple fronts after a week dominated by coverage of the fallout from his dealings with Russian President Vladimir Putin. Washington also is n...More..

Ritz Cracker Products recalled due to possible salmonella contamination
by | Monday, July 23, 2018

Ritz Cracker Products recalled due to possible salmonella contamination

Among the Ritz products affected are Ritz Bits Cheese of varying sizes and different variations of Ritz Cracker sandwiches, including those contained in a variety pack with other products. Flowers Foods said th...More..

China’s luck on yuan devaluation risks running out on Trump ire
by | Monday, July 23, 2018

China’s luck on yuan devaluation risks running out on Trump ire

Home furnishings chain At Home Group Inc ( HOME.N ) said it would make adjustments to its supply chain to mitigate the impact of the proposed tariffs on goods imported from China . In the full interview releas...More..

Facebook suspends USA data analytics firm amid concerns of policy violations
by | Sunday, July 22, 2018

Facebook suspends USA data analytics firm amid concerns of policy violations

Facebook said that Boston-based Crimson Hexagon did not do anything inappropriate but that it is curtailing the company's access to its data while conducting an investigation. "We take these allegations serio...More..

Kim Jong Un calls for unscheduled meeting of ambassadors
by | Sunday, July 22, 2018

Kim Jong Un calls for unscheduled meeting of ambassadors

After officials briefed him about the project and its delays, he was "speechless" and "extremely enraged", the Korean Central News Agency (KCNA ) reported . Korea's foreign ministry is looking into alleged ca...More..

Trump threatens to slap tariffs on all $505bn of Chinese imports
by | Sunday, July 22, 2018

Trump threatens to slap tariffs on all $505bn of Chinese imports

Around $505 billion of Chinese goods came into the United States in 2017, leading to a trade deficit of almost $376 billion, U.S. government data shows. It expects that 700,000 jobs would be lost. The comment...More..

Trudeau names new minister for 'international trade diversification'
by | Sunday, July 22, 2018

Trudeau names new minister for 'international trade diversification'

What are the areas the prime minister has signalled needed shoring up? Carr's new portfolio, renamed from worldwide trade, is a nod to current trade tensions with the United States. Filomena Tassi is sworn in...More..

FCA's CEO Marchionne replaced immediately due to serious health issues
by | Sunday, July 22, 2018

FCA's CEO Marchionne replaced immediately due to serious health issues

His most likely successor at Ferrari is Louis Carey Camilleri, former chairman of Philip Morris International and Ferrari board member, while John Elkann , a controlling shareholder at Ferrari and FCA, will li...More..

Cryptocurrencies Have
by | Saturday, July 21, 2018

Cryptocurrencies Have "No Intrinsic Value", Says US Fed Chair Jerome Powell

Powell today reiterated that the USA central bank doesn't regulate this asset class and has no plans bring cryptocurrencies under its jurisdiction. "Currencies that tend to be bought when markets turn risk of...More..

Interim Finance Minister Piyush Goyal to chair GST Council meet today
by | Saturday, July 21, 2018

Interim Finance Minister Piyush Goyal to chair GST Council meet today

The rate cut applies to footwear, small televisions, water heater, electric ironing machines, refrigerators, lithium ion batteries, hair dryers, vacuum cleaners, food appliances and ethanol, among others. "I th...More..

Boeing, Hawaiian Airlines finalise deal on 787s
by | Saturday, July 21, 2018

Boeing, Hawaiian Airlines finalise deal on 787s

The order will be listed on Boeing's Orders and Deliveries website once it is finalized. "These new airplanes will fit perfectly into our growth strategy, providing the efficiency and range for VietJet to e...More..

Trump adviser Kudlow optimistic that boom times will continue
by | Saturday, July 21, 2018

Trump adviser Kudlow optimistic that boom times will continue

According to recent USA media reports, the Trump administration is very dissatisfied with the on-going negotiations with China, with the Director of the National Economic Council stating that Xi Jinping him...More..

by | Saturday, July 21, 2018

Trump Says He’s ‘Not Happy About’ Feds Raising Interest Rates

The president also noted he is doing what's right for the American people and reiterated his long-held belief about the state of US trade with China. I don't really - I'm not happy about it. YUAN DECLINES: ...More..

Trump accuses China, EU of currency manipulation
by | Friday, July 20, 2018

Trump accuses China, EU of currency manipulation

Trump said that raising American interest rates makes investment in China comparatively attractive, because China manipulates its currency by artificially devaluing it. State-owned China Global Television Netw...More..

Microsoft Q4 strong as commercial cloud revenue hits $6.9 billion
by | Friday, July 20, 2018

Microsoft Q4 strong as commercial cloud revenue hits $6.9 billion

Sees "multiple positives" from the quarter that can support sustained double digit growth in revenues, earning per share and free cash flow long term. More Personal Computing continues to be the firm's biggest ...More..

by | Friday, July 20, 2018

United States dollar down on as Trump makes fresh threats vs China

Trump criticized the USA central bank in comments aired Thursday, saying its course of interest rate increases counteracted his efforts at growing the economy. Greenspan did lower rates 13 times over 1991-92, b...More..

Singapore Airlines named world’s best in 2018 by Skytrax
by | Friday, July 20, 2018

Singapore Airlines named world’s best in 2018 by Skytrax

The focus of the survey is for customers to make their own, personal choices as to which airline they consider to be the best, underlining the brand as the Passenger's Choice Awards. The top nine airlines in th...More..

United States oil inventories increase in week ending July 13
by | Friday, July 20, 2018

United States oil inventories increase in week ending July 13

Take, for instance, the surge in USA shale-oil production due to the innovative use of hydraulic fracturing combined with horizontal drilling, which has been a big upshot for US oil production. Meanwhile, Risi...More..

Pichai responds to European Union fine, hints Google might start charging for Android
by | Thursday, July 19, 2018

Pichai responds to European Union fine, hints Google might start charging for Android

In this way, Google has used Android as a vehicle to cement the dominance of its search engine. The bundle contains 11 apps, including YouTube, Maps and Gmail, but regulators focused on three that had the big...More..

Boris Johnson delivers resignation speech as Theresa May faces Brexit backlash
by | Thursday, July 19, 2018

Boris Johnson delivers resignation speech as Theresa May faces Brexit backlash

The initial referendum euphoria of Britain realizing its own Independence Day was soon obscured by “a fog of self-doubt .” Instead of riding high on the flooding tide of fortune, Mr. The backlash has seen the ...More..

Fuel and energy prices set to push inflation to four-month high
by | Thursday, July 19, 2018

Fuel and energy prices set to push inflation to four-month high

The Office for National Statistics (ONS) revealed that the consumer prices index (CPI) measure of inflation remained static at 2.4% in June. Petrol prices hit their highest in four years in the month, ha...More..

by | Wednesday, July 18, 2018

Blue Origin's New Shepard Vehicle Aces Test of Crew-Escape Motor

The flight will be Mission 9 for the company, and will feature a "high altitude escape motor test" which the company says will "push the rocket to its limits". Numerous payloads will be flying in the spacecra...More..

EU, Japan sign massive trade deal as US puts up barriers
by | Wednesday, July 18, 2018

EU, Japan sign massive trade deal as US puts up barriers

Juncker said the deal sent a message that "trade is about more than tariffs and barriers, it is about values". European exporters to Japan will see the vast majority of €1bn of duties they pay annually re...More..

Ousted Papa John's founder has millions invested in company's future
by | Wednesday, July 18, 2018

Ousted Papa John's founder has millions invested in company's future

Schnatter had previously apologized for his use of the racial slur but protested that it had been part of a media training exercise organized by the pizza chain's marketing agency, Laundry Service . "(O) n...More..

by | Tuesday, July 17, 2018

Netflix drops dud on Wall Street as subscriber growth flops

The company said it added 670,000 streaming customers in the USA, below its guidance of 1.2 million new subscribers. Netflix's stock had more than doubled this year, with investors betting that the company will...More..

Annual Summit China-EU to Support Alliance in Face of Protectionism
by | Tuesday, July 17, 2018

Annual Summit China-EU to Support Alliance in Face of Protectionism

The WTO is only one way of responding. In taxing imported steel and aluminum from some countries in March and others in June, President Donald Trump deployed a little-used weapon in American trade policy: U...More..