Money

Drone Strikes Impact Saudi Oil Facilities

The attack in the Saudi Arabia , the world's top oil exporter, immediately wiped out half its production of ten million barrels a day, which experts said wou...


Trump offers support to Saudi crown prince for Kingdoms self-defense

Iraq is denying that its country was the site from where Yemeni-rebel drones were launched to attack Saudi oil installations. "Investigations are ongoing to d...


GM brake recall: GM recalls 3.4 million pickups, SUVs over braking problem

As the vehicles grow older, the pump may not produce sufficient vacuum power, which could increase the stopping distance, and increase the risk of a crash. Star...


U.S. oil imports down, exports up last week

The weaker outlook amid a US-China trade war and Brexit could press the case for OPEC and its allies to maintain or adjust their policy of cutting output. Add...


United States, China Grant Trade Concessions As Fresh Talks Loom

Both sides have so far held 12 rounds of talks, but failed to work out a deal as China continued to resist Trump's demand for intrusive verification mechanism t...


Uncertainty looms after dramatic changes in Saudi Energy Ministry

Saudi Arabia's new energy minister Prince Abdulaziz bin Salman has assured India that his country will remain a reliable supplier to the world's third-largest e...


What does Bolton's exit mean for United States policy on Israel and Iran?

Rouhani's website quoted him on Wednesday as further urging the United States to "abandon warmongering and its maximum pressure policy" on Iran. Secretary o...


China starts tariff exemptions, but keeps pressure on United States farms

The measure will enter into force on September 17 and will be valid for one year - until September 16, 2020, BTA informs. Applications for the second tranche ...


US States initiate anti-trust probe against Google

The announcement by the states comes days after New York State Attorney General Letitia James announced she is leading a separate coalition of states in a wide-...


Hong Kong Exchanges proposes $39 bn London Stock Exchange takeover

HKEX added: 'The proposed combination would strengthen both businesses, better position them to innovate across markets and geographies, and offer market partic...


Jack Ma Officially Steps Down as Alibaba's Chairman

Ma returned to Hupan Garden, the birthplace of Alibaba , on the eve of the company's 20th anniversary. Ma's retirement announcement past year sparked off ...


Wendy’s to take another shot at breakfast

Wendy's has over 6,000 stores across the country, and adding several new menu options is expected to be an expensive endeavor. The company plans to hire roug...


Brexit: Labour deputy Tom Watson calls for referendum ahead of election

In a bombshell intervention deepening Labour's civil struggle over Europe, the deputy chief will this present day narrate the 2016 vote modified into as soon ...


Millennials’ preference for Ola, Uber added to auto sector slowdown: Nirmala Sitharaman

India's monthly passenger vehicle and auto sales recorded their steepest fall ever in August , according to data released by a top industry body, underscor...


Man Asleep At Wheel As Self-Driving Tesla Speeds At 90 Kmph

Both the driver and his female passenger appear to be sleeping as the Tesla cruises along in self-driving mode. "Some guy literally asleep at the wheel", Ra...


Juul 'ignored law' in U.S. e-cigarette adverts

During the presentation, the students said the rep told them the company's product was "totally safe ". We urge the U.S. Food and Drug Administration (FDA) t...


Huawei drops lawsuit after U.S. agrees to return seized equipment

In its lawsuit , Huawei accused CNEX and Huang of stealing its trade secrets. The filing doesn't name all the companies involved, but reports suggest tha...


Forty-eight USA states announce extensive antitrust probe of internet search giant Google

Michigan Attorney General Dana Nessel joined 49 other attorneys general in a multi-state antitrust investigation of Google Monday, according to a press rel...


The Volkswagen ID.3 electric auto is here to replace your Golf

The ID.3 is similar to the Golf in size and will be the first of a range of electric cars from Volkswagen over the coming years. Speaking at the car's lau...


Fed chair Powell repeats vow to act 'as appropriate'

Powell, who spoke a few hours after the jobs report, said it was his expectation the USA and world economies would continue to grow moderately and would avoid...


Donald Trump's tweets swing the market - the 'Volfefe' index proves it

US President Donald Trump is not just tweeting haphazardly for your entertainment, his tweets are increasingly moving US markets and impacting interest rate...


Canada's unemployment in August unchanged month on month

Unemployment in Northeast B.C. jumped up to 5.5% in August. The higher unemployment rate was the result of more people looking for work in August, as the re...


Bugatti Chiron Super Sport 300 confirmed

After all, it did so with the Veyron in the same circumstances, releasing a 30-example run of Super Sport cars as well as five World Record Edition models. ...


China says trade talks with U.S. to take place in October

The July meeting was followed by the U.S. announcing the imposition of additional 10% tariffs - later raised to 15% - on $300 billion worth of Chinese imports a...


Wall St pushed down by weak data, trade worries

The tariffs that went into effect on Sunday are making investors increasingly cynical towards the trade war, Peter Cardillo, chief market economist at Spartan C...


Facebook experimenting with hiding post like counts

At this point it's pretty much impossible to confirm if hiding likes will become a full-fledged feature, but the fact that it's being tested tested a second app...


China, US to hold trade talks in October as mistrust remains

Commerce Minister Zhong Shan, People's Bank of China Governor Yi Gang and Ning Jizhe, the deputy head of the economic planning commission, were also on the call...


Service activity slows in August, PMI declines to 52.4

Services PMI is an economic indicator that is taken into consideration by various policy makers, including the Reserve Bank of India , for policy rate revision...


Prime Minister Narendra Modi arrives in Russian Federation for two-day bilateral visit

This demonstrates the friendly relations between the people of our two countries. Ahead of his visit, in his departure statement, Prime Minister said his visi...


Brexit: MPs debating bill to block no

The US President claimed to be a "friend" of the Prime Minister's and told reporters not to "worry" about Boris Johnson's chances of succeeding in his histori...