Money

National Doughnut Day Friday: Free treats and a bit of history

Duck Donuts will be celebrating National Donut Day with a Sweet Summer Beach Bash! See a list of locations here. Walmart: Walmart stores will be offe...


ADP: Job creation drops to 9-year low in May

A recent string of weak reports on retail sales, factory orders and home purchases indicate growth is slowing as the trade war weighs on businesses. Growth is...


France hopes 'door not closed' on FCA/Renault deal - French budget minister

In their statement, FCA said they withdrew their proposal due to the French government. Fiat Chrysler's US sales chief is suing the company, alleging th...


Google to buy data analytics firm Looker for $2.6 bln

Google Cloud's BigQuery and associated data infrastructure, together with Looker's platform for innovative data solutions, will help to solve the business pr...


China issues white paper on trade issue with US

While China stands firm to safeguard its legitimate rights and interests in dealing with the current trade friction, it also remains committed to solving the ...


RBI cuts key lending rate to boost growth

Accordingly, a lower repo, or short-term lending rate for commercial banks, will reduce interest cost on automobile and home loans, thereby ushering in growth. ...


Markets surge after Fed signals rate-cut probability

Speaking in Chicago on Tuesday, . Crude oil was at its most expensive in the mid-2000s and again in early 2010s, not coincidentally two periods in which interes...


Trump says progress made in US-Mexico talks 'not almost enough'

Significant differences remain about how quickly and how much Mexico can reduce unauthorized migration through tougher enforcement measures, the US official sai...


Woodford says cut-off for equity income fund orders was May 31

I'm extremely sorry we have had to take this decision. His funds have taken some massive hits due to disastrous performances from stocks including Kier, Provi...


Fiat Chrysler blames French politics for scrapping $35bn Renault merger

Talks about the merger were actually on-going, with FCA, Renault , and even Nissan holding discussions on the matter. Fiat Chrysler says it has withdrawn a...


Russian Manufacturing Sector Shrinks in May for First Time Since 2018: PMI

But since risks for a no deal Brexit are now heating up and factories have already started to cut jobs for the second month in May, questions are rising about w...


Former UN official: Iran may be only ‘six months’ from nuclear bomb

The Trump administration last month sped the deployment of an aircraft carrier strike group and ordered bombers, Patriot missiles and more troops to the Middle...


Reserve Bank looks to jolt alleged "strong economy" with rate cut

The futures market had priced in a 100 per cent likelihood of a cut at the June meeting, with another cut expected by October. Repo rate is the rate at whic...


Fiat Chrysler withdraws 50/50 merger proposal with Renault

The French carmaker's industrial assets have a negative implied value of 3 billion euros under the terms of the proposed deal, according to the Renault shareh...


Crude oil futures fall 0.51% on weak global cues

The figures indicate that Saudi Arabia has been willing to replace the lost Iranian barrels, setting the stage for a contentious meeting when the cartel and its...


Republican would be 'foolish' to block Mexican tariffs

U.S. House Republican leader Kevin McCarthy said he thinks a solution will be worked out to avoid the tariffs. Senator John Thune, the Senate's No. 2 Republic...


Amazon launches ‘Clicks and Mortar’ programme to help small businesses grow

The move follows a similar decision by Ebay, which opened a store in Wolverhampton earlier this year, selling products from 40 online retailers. The brands then...


Amazon delivering over 10mn items in a day in US

Walmart said it was planning to expand next-day delivery to most of the U.S.by the end of the year. Saying that every day is "Day 1" at Amazon might still ...


Huawei labels report that it had reduced smartphones production as False!

Huawei first burst into the smartphone market in Asia with mid-range phones featuring impressive cameras and large displays at lower prices than rivals Apple ...


USA moving toward major antitrust probe of tech giants

Federal regulators, along with Congress, are trying to determine whether the companies are harming competition and consumers. Amazon , Apple, and Facebook ar...


China issues United States travel warning over official harassment

The warning comes as relations between the two countries have deteriorated since the United States accused the Chinese regime of backtracking on key trade commi...


Elon Musk gets Cuphead up-and-running in Teslas

Speaking on the company's weekly podcast, Ride the Lightning , Musk says the developers of Cuphead " have been helping us make it work " on the vehicles' das...


Justice Department preparing antitrust probe of Google

Google, owned by Alphabet Inc., has faced mounting scrutiny as regulators around the world have focused on tech companies' business practices over the past ye...


Roughly $825 million up for grabs in Powerball, Mega Millions drawings

If no one wins, the Mega Millions jackpot will get bigger for the next drawing. For the lowest prize of $2, gamers must match the Mega Ball number. The esti...


Tesla prices China-made Model 3 at 328,000 yuan

Tesla has opened the order books in China for the Model 3 , which the EV manufacturer will produce in its Shanghai plant, which is still under construction. In...


Google outage: YouTube, Snapchat, other services down Sunday

Most of the outages appear to have affected the east coast of the United States, but parts of Europe and Australia have also been affected in some way. In the l...


Trump Puts Tariffs on Mexico Until Illegal Immigration is Stopped

Trump said Thursday that tariffs starting at five percent and gradually increasing to 25 percent will be applied to all Mexican imports beginning June 10, unles...


Crude slumped more than 3 percent over fresh Mexico tariff woes

West Texas Intermediate crude for July fell $1.65 to $54.94 a barrel at 10:06 pm (IST) on the New York Mercantile Exchange. Front-month contract prices were do...


China: Tesla's Model 3 factory ready for orders

The higher-end version of the Model 3 will still be imported from the United States. The standard range Model 3 has a cruising range of 460 km and sells at 32...


Delek Group & Ithaca Energy to acquire Chevron North Sea

Norway's DNO this month said it aims to boost production in the North Sea by making more acquisitions, while ConocoPhillips recently sold its assets in the Nort...