Money

Burberry burns millions in unsold products to protect brand

British luxury fashion brand Burberry has allegedly burned more than £28 million (more than $32.6 million) of its merchandise in the past year in an attempt...


McDonald's offering free french fries for the remainder of 2018

There is, of course, a catch. Customers will be able to get an order of medium fries for free each Friday until December 30th. Once you have the coupon you ...


BA sorry for Heathrow IT-crash delays and cancellations

Another said: "We're really not getting any information at the moment". Hundreds of passengers were told to return on Thursday. One passenger said: "They ju...


After year-long protest, sanitary napkins exempted from GST

Fortified milk has also been fully exempted from GST . "There seems to be no intention of introducing cess and digi-linked incentives (if any) on the tax rat...


Amazon hits US$900 bln market cap, closing in on Apple

At the time, Apple's market cap was $893 billion and Amazon's was $752 billion. This week, Amazon's stock market value reached $900 billion for the firs...


World stocks mixed under pressure of more U.S. tariffs

Trump earlier told CNBC that a strong dollar put the United States at a disadvantage and he was ready to place tariffs on $500 billion of imported goods from ...


Boeing, Airbus jet sales soar as Farnborough Airshow winds down

The plane maker also reached an agreement at the airshow with GE Capital Aviation Services for 35 737-800 converted freighters. "This is a significant commitmen...


The US wants to print oil reserve

Oil workers are on strike in Norway and United States shale output is rising to record levels. While the African nation lifted force majeure at the western El...


We Walked The Talk On Rural Electrification, Says PM Modi

The National Prosecuting Authority (NPA) has declined to obtain a warrant of arrest for Indian Prime Minister Narendra Modi , the body said in a statement toda...


SA jobless rate at near six-year low

The larger-than-expected lift was driven by a 41,200 improvement in the number of full-time workers while part-time employment lifted by 9700. Unemployment in...


U.S. Bid To Ban Fuel Shipments To North Korea Fails

The U.S. said that if loaded at around 90 percent, the tankers would have delivered nearly 1.4 million barrels of refined products to North Korea, almost triple...


USA launches process for possible tariffs on uranium imports

However, the United States nuclear energy industry has warned that a suggested quota on imports would have a significant financial impact on the country's react...


Trump slams currency manipulation by Brussels & Beijing

Trump says: " China , the European Union and others have been manipulating their currencies and interest rates lower, while the U.S.is raising rates while...


Tesla Model 3 is most profitable electric vehicle, says consultant

Hundreds of German Tesla Model S drivers have been ordered to pay back a 4,000-euro ($4,650) electric-vehicle subsidy after a government agency deemed their lux...


Johnson attacks May's 'dithering' over Brexit, Europe News & Top Stories

Former Foreign Secretary Boris Johnson read out a personal statement in Commons earlier in which he took a veiled swipe at Russian Federation, outlined his op...


Trump slams the Federal Reserve for raising interest rates

China has so far met USA tariffs with equal retaliatory tariffs, but with only $130 billion in US goods exported to China, it's not possible for President Xi J...


Microsoft’s solid Q4 bolstered by strong Xbox, Surface numbers

Interestingly, Microsoft's More Personal Computing business was up 17% year-over-year, raking in $10.8 billion, and showing that Microsoft still relies on the s...


Trump threatens tariffs on all $505 billion of Chinese imports

The Trump administration is threatening to impose fresh tariffs of 10% on another $200bn of Chinese goods, which Beijing has called "totally unacceptable". In e...


'Ready to Go' With Tariffs on $500B of Chinese Imports

President Donald Trump on Friday said he was poised to impose tariffs on $500 billion of goods from China, threatening in an interview with CNBC to escalate...


Crude oil futures rise 0.81% on firm global cues

Saudi Arabia's pledge to keep its crude production steady from June to July follows an agreement last month between Opec and its partners including Russian F...


Trump says 'not thrilled' about USA interest rate hikes

CNBC released details of the Trump interview in a story on its website Thursday. After more than six years of record low interest rates that helped the Un...


Trump gripes about Fed in rare rebuke by sitting president

The president acknowledged that his comments about the Fed would likely arouse concerns. In his exact words, the President said he's "not thrilled" with rate hi...


Follow the rules — European Union to Airbnb

I expect Airbnb to come up with the right solutions as soon as possible, "EU Consumer Commissioner Vera Jourova said". Consumers must easily understand how much...


China says US blaming Xi for blocking trade deal is 'bogus'

European Commission President Jean-Claude Juncker is due to meet with Trump in Washington July 25 and "I'm told he's bringing a very important free trade offer ...


Trump Vows 'Tremendous Retribution' in Lieu of Fair EU Auto Trade

They are also facing higher prices after tariffs were imposed on aluminum and steel. "Higher auto tariffs will harm American families and workers, along with ...


Inflation holds steady as clothing sales offset higher energy and fuel prices

Economists had expected higher energy prices to push the rate up to 2.6%, but this was offset by falling prices for clothes and games. Threadneedle Street may...


Rupee plunges to Rs128 against dollar

This is not the first time that rupee has devalued against the dollar this year; it is happening again and again from the start of 2018. When the dollar rises...


Jeff Bezos Becomes The Richest Man In Modern History, Topping $150 Billion

The billionaire Amazon founder just saw his wealth climb from $120 billion to $150 billion over the last six months - a mere fraction of the 49 years it took hi...


Microsoft joins forces with Walmart to take on Amazon with cloud technology

Under a five-year deal announced Tuesday, Walmart will boost its use of Microsoft's cloud services and work with the tech firm on artificial intelligence and ...


Farnborough Airshow: DHL signs deal for 14 Boeing 777 jets

Billions of dollars are at stake as the world's largest aircraft manufacturers, Boeing Co and Airbus SE, duel over orders this week at the Farnborough Air ...