Dow sets first record high since January

Of the 11 major sectors of the S&P 500 , all but energy ended the session in positive territory. The companies headed up the tech sector's 1.1 percent gain. The euro climbed 0.9 percent to $1.1779. The blue-chip index, which had lagged the Nasda... More..

by | Published more than a month ago
Tesco throws down the gauntlet to German discounters with new discount chain
by | Saturday, September 22, 2018

Tesco throws down the gauntlet to German discounters with new discount chain

Jack Cohen founded Tesco in 1919. Tesco said it was investing between 20 million pounds and 30 million pounds ($26 million to $39 million or €22.3 million to €33.8 million) in the first openings, with the sto...More..

Audi Unveils Its First All-Electric SUV To Rival Tesla In The US
by | Saturday, September 22, 2018

Audi Unveils Its First All-Electric SUV To Rival Tesla In The US

The production model SUV comes three years after the e-tron quattro concept was first introduced back in 2015 at the Frankfurt Motor Show. Intel 's Shooting Star drones have featured in many drone light show...More..

Barclays online and telephone banking services go down in 'technical hitch'
by | Saturday, September 22, 2018

Barclays online and telephone banking services go down in 'technical hitch'

Problems at Barclays began yesterday morning at 10:44 and lasted until after 4pm, the bank said. The problems, which started this morning, were affecting the Barclays website and telephone banking, although t...More..

China urges US to show sincerity, correct behaviour in trade actions
by | Saturday, September 22, 2018

China urges US to show sincerity, correct behaviour in trade actions

U.S. President Donald Trump has threatened further retaliation if Beijing takes aim at U.S. agricultural or industrial workers as he accused China of trying to sway U.S. "The global economic and trade envir...More..

by | Saturday, September 22, 2018

Indian oil refiner cancels Iran oil imports

UCO Bank and IDBI Bank have been chosen to route the oil payment to Iran since both banks have no exposure to the U.S. financial system. India wants to keep importing oil from Iran, because Tehran offers so...More..

by | Saturday, September 22, 2018

Trump Presses OPEC to Reduce Prices as Crude Trades Near $80

The president also suggested it was unfair that OPEC raises prices when, "We protect the countries of the Middle East, they would not be safe for very long without us". "It's also political because the Saudis d...More..

Tesla Model 3 earns five-star NHTSA crash rating
by | Friday, September 21, 2018

Tesla Model 3 earns five-star NHTSA crash rating

Consumer Reports later retested the Model 3 , giving it a "Recommended" rating. A Model 3 involved in a head-on collision at 60 miles per hour earlier this year also resulted in the driver walking away with j...More..

Tesco launches Jack's discount chain to rival Aldi and Lidl
by | Friday, September 21, 2018

Tesco launches Jack's discount chain to rival Aldi and Lidl

They have lowered prices and improved service, but analysts say that with Aldi and Lidl growing at 10 per cent each year it makes sense for Tesco to try to capture some of that growth. "We leverage the size and...More..

Oil slips as trade dispute casts a shadow over demand outlook
by | Friday, September 21, 2018

Oil slips as trade dispute casts a shadow over demand outlook

Iran remains "a very important exporter of oil ", said the chief of the Organization of the Petroleum Exporting Countries. U.S. President Donald Trump is likely to announce new tariffs on about $200 bil...More..

Brexit: Chequers won't work, European Union leaders tell May
by | Friday, September 21, 2018

Brexit: Chequers won't work, European Union leaders tell May

But one reporter at the press conference said May was "visibly angry and shaking throughout it". "I think Chequers now has no supporters at all". Donald Tusk , European Council president, said May's signal...More..

Amazon considering opening 3000 cashierless stores
by | Thursday, September 20, 2018

Amazon considering opening 3000 cashierless stores

If Amazon follows through with the rumored plan, it would pose a threat to convenience store chains like 7-Eleven, which must bear the expense of paying cashiers and other staff, Bloomberg said. The company...More..

Amazon launches Storefronts portal to court SMBs
by | Thursday, September 20, 2018

Amazon launches Storefronts portal to court SMBs

Amazon is thinking small for a change. Showcasing small and medium-sized businesses via its new portal could attract more of those companies to the Amazon seller platform-meaning Amazon makes more cash. Mee...More..

Get renewable energy for your 2019 Audi e-tron
by | Thursday, September 20, 2018

Get renewable energy for your 2019 Audi e-tron

While we're unsure if it will live up to those lofty aims, it is indeed one of a number of new all-electric cars that manufacturers across the industry have been planning to bring to market. After saying the ke...More..

Passengers bleed after crew forgets to maintain cabin pressure
by | Thursday, September 20, 2018

Passengers bleed after crew forgets to maintain cabin pressure

Passengers posted footage on social media showing air masks hanging from the ceiling and claiming they were given no explanation by the crew for the conditions aboard the Boeing 737 . "During climb, the crew f...More..

by | Thursday, September 20, 2018

China's Alibaba Scraps Plan to Create 1M US Jobs

The billionaire owner of China's largest online shopping portal made the headline-grabbing promise to Mr Donald Trump past year, as Beijing courted the then-newly elected president. Mr Ma pointed to business op...More..

Cathay Pacific spells its own name incorrectly on new plane
by | Thursday, September 20, 2018

Cathay Pacific spells its own name incorrectly on new plane

There has been plenty of conversation surrounding what one person labelled the "Errorplane", with countless Twitter users mocking the company. But the airline to its credit made light of the embarrassing mi...More..

Coca-Cola Seriously Contemplating the Cannabis Industry
by | Thursday, September 20, 2018

Coca-Cola Seriously Contemplating the Cannabis Industry

Soft drinks corporation Coca-Cola is in talks with a cannabis producer to develop marijuana drinks. Coke's interest is another indication of the growing acceptance of cannabis by established companies and o...More..

Trump pledges strong federal support for hurricane-stricken Carolinas
by | Thursday, September 20, 2018

Trump pledges strong federal support for hurricane-stricken Carolinas

Dozens of shelters remain open across the state, and several rivers have yet to crest. Trump was joined aboard Air Force One by Department of Homeland Security Secretary Kirstjen Nielsen and Republican electe...More..

Australia PM says strawberry sabotage akin to 'terrorism'
by | Wednesday, September 19, 2018

Australia PM says strawberry sabotage akin to 'terrorism'

Needles were also found in an apple and banana in NSW , police confirmed this week. Growers and police have suggested that some cases may be copycat incidents. Asked about the mood among Victorian grow...More..

McDonald’s workers plan first multistate strike amid claims company ignores sexual harassment
by | Wednesday, September 19, 2018

McDonald’s workers plan first multistate strike amid claims company ignores sexual harassment

Bolstered by the success of the #MeToo movement, where high-profile women have decried sexual harassment in the workplace, they are hoping the strike will highlight the plight of women and LGBT workers in low...More..

International Monetary Fund chief warns of costs of no Brexit deal
by | Tuesday, September 18, 2018

International Monetary Fund chief warns of costs of no Brexit deal

The IMF says that even if there is a deal, it would still come with economic costs for Britain, as it would mean more barriers to trade than the current situation. May also insisted no other plan on the table w...More..

Saudi's PIF invests more than $1 billion in Lucid Motors
by | Tuesday, September 18, 2018

Saudi's PIF invests more than $1 billion in Lucid Motors

Newark, California-based Lucid Motors had raised a total of $131 million in funding prior to the PIF's investment, according to Crunchbase .com. Lucid Motors first teased its forthcoming electric luxury sed...More..

McDonald's is giving away FREE cheeseburgers tomorrow
by | Tuesday, September 18, 2018

McDonald's is giving away FREE cheeseburgers tomorrow

At 26 participating Holiday Inn Burger Theory restaurants, customers get free cheeseburgers for National Cheeseburger Day . Through September 30, get a free Dave's Single hamburger with any purchase at Wend...More..

by | Tuesday, September 18, 2018

China hits back by levying tariffs on US$60b of U.S. goods

President Donald Trump said he'll make an announcement on China trade after USA financial markets close Monday. In an earlier round of tariffs on $50 billion of goods, the Trump administration removed propo...More..

President Trump Slaps China With Additional $200 Billion Tariffs
by | Tuesday, September 18, 2018

President Trump Slaps China With Additional $200 Billion Tariffs

If China reacts once again to the United States imposing tariffs on it, the USA will find an additional $200 billion worth of goods to throw tariffs on. " If countries will not make fair deals with us, th...More..

by | Tuesday, September 18, 2018

British diver sues Elon Musk for $75,000 over 'pedo' claim

Unsworth is seeking $75,000 in compensation as well as punitive damages. The case adds to a slew of litigation against Mr Musk, including over his running of Tesla, which the billionaire has said caused him...More..

by | Tuesday, September 18, 2018

Ose $200 billion in tariffs on China from September 24th

Oil prices rebounded from earlier losses as supply concerns outweighed assurances from Washington that Saudi Arabia, Russia and the United States can raise output fast enough to offset falling supplies from I...More..

New U.S. tariff threat on Chinese goods hits stocks, dollar
by | Tuesday, September 18, 2018

New U.S. tariff threat on Chinese goods hits stocks, dollar

If Beijing retaliates against USA farmers and industry - as it has previously vowed - the United States will immediately pursue further tariffs on about $267 billion of Chinese imports, President Donald Trum...More..

India to merge three state-owned banks to tackle bad loans
by | Tuesday, September 18, 2018

India to merge three state-owned banks to tackle bad loans

When asked about the timing of this merger amid falling value of Indian rupee, the Finance Minister said the business in government doesn't come to a standstill even if you have global challenge of high crude o...More..

by | Tuesday, September 18, 2018

You're tariffed! Trump announces $200 billion tariffs on Chinese goods

The latest round of imports will face 10 per cent tariffs through the end of the year, and then the rate will jump to 25 per cent. He was expected to level tariffs on about $ 200 billion of Chinese imports, an...More..

by | Tuesday, September 18, 2018

United States imposes new $200bn tariffs on China

Trump already has imposed 25 percent tariffs on $50 billion in Chinese goods. His comments follow a report in The Wall Street Journal . "We can't do that anymore", Trump said. By expanding the list to $200...More..

Coca-Cola In Talks To Produce Pot-Infused Drink
by | Monday, September 17, 2018

Coca-Cola In Talks To Produce Pot-Infused Drink

While neither company confirmed the talks, Coca-Cola said it was "closely watching the growth of non-psychoactive CBD as an ingredient in functional wellness beverages around the world". "There is so much hap...More..

Elon Musk’s company finds a boring way to use an Xbox controller
by | Monday, September 17, 2018

Elon Musk’s company finds a boring way to use an Xbox controller

A couple of days after Musk's brief encounter with the green goddess, a video (below) appeared on the Boring Company's Twitter feed showing one of its digging machines apparently being operated by an Xbox con...More..

Amazon investigating claims of employees leaking data for bribes
by | Monday, September 17, 2018

Amazon investigating claims of employees leaking data for bribes

According to a Sunday Wall Street Journal report , Amazon has been fighting the practice-which is particularly pronounced in China, though also present in the USA -since May, when management was tipped off tha...More..