Money

Lines closed at Build-A-Bear stores for ‘Pay Your Age Day'

Toy company Build-A-Bear issued a warning to customers against visiting its stores today after a "pay your age" promotion backfired spectacularly. According...


Ryanair Pilots Strike, Causing Cancellations Just as Tourist Season Takes Off

It usually operates 290 flights from Ireland across Europe. Around two dozen Ryanair pilots picketed close to Dublin airport. Forsa had said late Wednesday ...


Trump claims victory over North Atlantic Treaty Organisation allies to hike spending on defence

NATO Secretary General Jens Stoltenberg called an emergency session of all 29 allies to address Trump's demands, and the United States leader said his hecto...


Oil mixed on Canadian supply outage, Saudi output hike

FGE said the USA government may grant some waivers to allies that are particularly reliant on Iranian supplies, and that some Iranian oil would also be smuggl...


Erdoğan sworn in as Turkish president with enhanced powers

On Monday, Erdogan took the presidential oath in the parliament and stepped inside the Beştepe Presidential Complex in Ankara to serve the nation for the next f...


Economy adds 31,800 jobs in June, unemployment rate rises to 6.0%

The growing optimism that people can find work suggested that the 9-year old USA economic expansion - the second-longest on record - has the momentum to keep ch...


UK: David Davis resigns as Brexit Secretary

The Prime Minister secured Cabinet backing for the strategy in a marathon meeting at Chequers last week, but has since faced a backlash from hardline Brexiteers...


US Adds 213000 Jobs In June, But Unemployment Rate Inches Up

In spite of the tightening labor market, however, wage growth remains anemic. The participation rate, or share of working-age people in the labour force, increa...


Facebook boss Zuckerberg now world’s third richest

Zuckerberg is now worth $81.6 billion, almost $400 million more than Buffett, chairman of the Berkshire Hathaway investment group, rankings show. As a res...


Netflix is testing some new plans. Here's what they do

The company now has three subscription plans: $7.99 Basic, $10.99 Standard, and $13.99 Premium. Maybe not by itself, but based on some of the promotional materi...


ZTE names new CEO, top executives to comply with US mandate

Chinese telecommunications company ZTE has reportedly named a new chief executive and other leaders as it seeks to comply with USA -imposed requirements to get ...


Starbucks employee in U.S. fired for mocking customer with stutter

A customer named Sam , who did not wish to disclose his full identity to the public, claimed the hurtful incident happened last Wednesday at the coffee chain ...


Bank governor Carney takes aim at Trump over 'hostile' trade

He said the final reading of economic growth for the first quarter, which was revised up from 0.1% to 0.2% last week, confirmed his view of the UK's trajectory....


Qantas begins trialling facial recognition biometrics at Sydney Airport

The contract would "deliver upgraded biometric technology , enabling the Department of Immigration and Border Protection to use biometric data to clear passeng...


USA adds 213K jobs in June; unemployment up to 4%

There may be a bit of a more muted expectations for Friday's key payrolls and unemployment report from the U.S. Department of Labor. The category, which inclu...


Sonos files for IPO with plans to raise $100 million

In a piece published in Variety in early 2017, Sonos CEO stated that any new fundraiser public offering "may.be used to reward its nearly 1,500 employees". At...


USA chipmaker Micron denies receiving Chinese injunction on chip sales

Micron added the injunction will hurt its current fiscal fourth quarter revenue by "approximately" 1%, but the chipmaker continues to expect sales to be within ...


Donald Trump: OPEC is "doing little to help" with gas prices

It's not surprising, then, that Trump is upping the pressure on OPEC. Analysis from Swiss investment bank UBS said spare capacity, the amount of extra oil a...


China blames United States for ‘largest-scale trade war’ as tariffs kick in

China warned that while it has promised not to " fire the first shot ", it would now be forced to " counterattack " in order to defend its core interests. A st...


US tariffs take effect, China announces retaliation

China's response to the list includes Soybeans - a massive moneymaker for US farmers - Sorghum and Cotton. "We absolutely will not fire the first shot , and ...


The Collapsing Kentucky Bourbon Warehouse Is No More

A spokeswoman for Barton 1792 said no bourbon from the recent spill entered waterways. The distillery owner Sazerac, a Louisiana-based spirits company, already ...


HNA chairman Wang Jian died falling off wall in France

In a mark of respect, the official website suddenly became black and white, a sign of mourning in the world's second-largest economy. The statement said the c...


Iran to allow private sector to export oil, beat U.S. sanctions

The issue is of concern as crude oil prices hit four-year highs. "A key driver of the rise in prices has been the OPEC-Russia deal to cut oil output, compou...


Motor tariffs could lead to £230bn retaliation — European Union warns Trump

The European Commission said the U.S. investigation into auto imports "lacks legitimacy, factual basis and violates worldwide trade rules", according to CNN ...


Oil prices fall as Donald Trump demands OPEC ‘reduce pricing now’

At 0715 GMT, August WTI crude oil futures are trading $74.00, down $0.33 or -0.46% and September Brent crude oil is at $77.80, down $0.43 or -0.55%. Current...


US and China battle it out through travel warnings

China said Thursday it won't tolerate "threats and blackmail" as it prepares for the U.S.to implement tariffs on billions of dollars worth of Chinese goods. It...


Netflix tests Ultra plan

At present, the Premium tier, which is priced at £9.99 per month in the United Kingdom, allows for viewing on up to four screens at once, plus gives access to 4...


Trump pressures Saudi Arabia to increase oil production

Saudi output in July is likely to show a further jump. "If this happens, (it) means Trump is asking Saudi Arabia to walk (away) from OPEC ", he told Reute...


Austria to 'protect' borders after German migrant deal

Last November, when Merkel was negotiating her fourth coalition, the long-time chancellor told German broadcaster ZDF she was "very sceptical" about leading a...


Trump moves to block China Mobile's U.S. entry on security concerns

The Trump administration has said it does not want one of the world's biggest phone carriers , China Mobile , to provide telecom services within the United ...