Money

Moscow slams U.S. sanctions as 'absolutely illegal' while Russian markets tumble

In turn, U.S. State Department officials insisted the new sanctions were triggered automatically by longstanding U.S. policy regarding the use of chemical wea...


Saudi foreign ministry focuses on expats in Canada amid diplomatic row

David Chatterson, a former Canadian ambassador to Saudi Arabia , was blunt. The Saudi central bank and state pension funds have instructed their overseas ass...


Ikea opens its first Indian store in Hyderabad

From living rooms to dining rooms, children's rooms to workspaces, kitchen and bedrooms to bathrooms, the display rooms offer ideas, inspiration and solutions f...


Briton stranded in Dubai after he was caught speeding 33 times

He added: 'He didn't even pay to hire the auto. A partner in the dealership Faris Iqbal, said that the tourist paid Dh6,000 as rent for two days for the Lambor...


Mazda, Yamaha, Suzuki say they used fake vehicle emissions data

The government had ordered the automakers to make checks after revelations of improper testing at Subaru Corp and Nissan Motor Co past year. The admissions ar...


Higher pay drives house price rise

He said: "Despite the recent modest improvement in mortgage approvals, the latest survey data for new buyer enquiries and agreed sales suggest". On a monthly ...


New York City Council Votes to Cap Uber and Lyft

New York Mayor Bill de Blasio said he meant to sign the bills into law, which would start the 12-month period where no new for-hire vehicle licenses would be ...


25% tariff on electric bikes shipped into USA takes hold August 23rd

China's 25 percent tariffs will apply to US products such as coal, gasoline, vehicles, motorcycles and medical equipment. China responded by promising to hit $6...


China Tariffs on US Crude Not Game-Changing Event

Beijing has announced plans to retaliate immediately against the latest round of United States tariffs on Chinese imports by slapping a wide range of American ...


Tesla shares dip after Elon Musk proposes going private

They said the board also addressed the issue of how to fund such a deal, but gave no details. The Tesla board responded to the proposal earlier Wednesday mo...


Papa John's sales fall as founder attacks CEO

Meanwhile, rival Domino's continues to post gains. Papa John's has hired new agencies - Endeavor Global Marketing on creative and Weber Shandwick 's Powell T...


May still believes Britain will win a good Brexit deal: spokesman

A "no-deal" Brexit poses a serious and substantial risk to public safety, with police officers at risk of losing vital access to information and powers, Britain...


Prince Alwaleed acquires 2.3% stake in Snapchat

On Tuesday the messaging app's parent company, Snap Inc., reported its Q2 2018 earnings, and it included its first-ever decline in daily active users followin...


After Australia, Ola forays into United Kingdom, to begin operations in a month

Ola, founded in 2011, clocks one billion rides each year globally, and has more than one million driver partners in over 110 cities, it said. The streets of S...


Oil rises as USA sanctions on Iran stir supply worries

European officials have said their governments are considering opening accounts for Iran at their national banks, which could receive oil payments. However, it ...


Elon Musk considers taking Tesla private as stock jumps

In the past year alone, Tesla shares have seen a wild swing, trading as low as $244.59 last April to reaching its all-time high less than six months later ami...


Ontario government to announce buck-a-beer plan

Sources say that the Progressive Conservative plan will lower the minimum price of a bottle or a can of beer from $1.25 to $1 by the Labour Day weekend. "I thin...


Dead fetus found toilet on American Airlines plane at LaGuardia

The fetus was between three to six months along. LaGuardia Airport tweeted "American Airlines flights at Terminal B may experience some delays to an out of ...


Elon Musk says he's considering taking Tesla private

Tesla's shares jumped to $362.74 in afternoon trading. Musk owns almost 20pc of the company. He implied the funding values the company at $420 a share. I thin...


China threatens tariffs on $60 billion in United States goods

China is trying to seek an "equal" position in future talks with the United States with today's retaliation announcement, said Gai Xinzhe, analyst at the Bank...


Facebook Asks US Banks for Financial Info to Boost User Engagement

Facebook told the paper that any financial information it obtains would not be shared with third parties or used to target advertisements. According to a new ...


Brian France arrested for DUI, drug possession

During the arrest, France name-dropped some powerful people he knows, including President Trump, according to TMZ . He was arraigned Monday at Sag Harbor Villa...


Spontaneous California office lottery pool wins $543 million jackpot

California Lottery official Mike Neis, right, watches as Amol Sachdev hangs a sign over his family's store Ernie's Liquors where a Mega Millions lottery ticke...


Five people killed when small plane crashes in California parking lot

The Orange County Fire Authority said fire and rescue units were sent to a the 3900 block of Bristol Street for a report of a plane down. Ella Pham, 20, and h...


Indra Nooyi to step down as PepsiCo CEO, Ramon Laguarta to succeed

She will remain Chairman until early 2019 to ensure a smooth and seamless transition. She is also one of the few minority women to lead major corporations, and ...


Ethereum Classic Coinbase Linsting Takes Place on August 7

Team will announce when Coinbase is ready to to accept inbound transfers of ETC. Coinbase intend to allow 24-48 hours of inbound transfers through Coinbase Pro ...


China hits back at USA with $60bn tariff threat

The Commerce Ministry issued a statement saying the new duties would be applied if Washington pulled the trigger on President Donald Trump's threat to rai...


India's Iranian oil intakes jump to record high in July

China , for its part, has agreed to not ramp up purchases of Iranian crude to "ease concerns that China is working undermine U.S. efforts", according to the...


3 dead in Orange County plane crash

The plane is registered to the San Francisco-based real estate company Category III and had left Concord, according to an FAA database. The twin-engine Cessna...


Britain's RBS announces first dividend in a decade

The UK government sold a 7.7% stake in RBS in June , reducing its ownership of the bank it bailed out with a £45bn rescue package in 2008 to around 62.4% from 7...