Money

Brent oil holds losses after falling into bear market on trade war

As a result, Brent settled down $2.71, or 4.6 percent, at $56.23 per barrel, the lowest close since early January (the commodity has plunged almost 14 percent s...


United States stocks plunge amid trade tensions

On Wall Street, stocks suffered their biggest loss since December. Eastern time. The Dow Jones Industrial Average rose 195 points, or 0.8%, to 25,913. Walt ...


Privacy watchdogs warn Facebook over cryptocurrency Libra

Britain's data protection watchdog said on Monday that it had joined with its counterparts from around the world in calling for more openness about Facebook'...


Britain to face food shortages in a no-deal Brexit

USA senator Tom Cotton also said that the United Kingdom should be at the "front of the queue" for a trade deal, adding that "it might be months" before reach...


Walmart says its training helped save lives in prior incident

Hargrove told Bloomberg that Walmart already goes beyond federal law by requiring all customers to pass a background check before purchasing a firearm. In 2013,...


SBI cuts home loan rates soon after RBI policy announcement

In calendar year 2019, the RBI has cut repo rates three times consecutively with the total reduction at 0.75 per cent. The Reserve Bank of India Wednesday a...


HSBC Is Mulling Thousands Of Job Cuts Amid Shock CEO Farewell

Tucker and HSBC's directors had "clearly lost confidence in [Flint's] ability to navigate the tougher outlook faced by HSBC given the geopolitical and macroun...


AT&T Employees Took Bribes in Conspiracy to Unlock Millions of Phones

They bribed a new lot of AT&T employees to install malware on the network, which they then used to acquire credentials that allowed them to unlock phones dire...


Reserve Bank slashes OCR to reflate NZ's flagging economy

The Reserve Bank has been loosening monetary conditions since June 2014, when it cut the cash rate to 3.25%. Economists polled by Reuters had predicted poli...


Global stocks feel relief as China de-escalates currency spat

A government report suggesting a cooling U.S. job market kept bond yields in check after an early gain. Traders in quest of security herded into US authorities ...


Trump imposes sanctions on Venezuelan government's assets

Bolton also said that the new sanctions can be imposed on anyone who supports Caracas. The executive order stopped short, however, of a full US trade embargo ...


Flipkart Confirms Plans to Launch Free Streaming Service ‘Flipkart Videos’

Walmart-owned India e-commerce major Flipkart has made a decision to take on Amazon head-on, further expanding its ambit with plans to launch an OTT (ov...


Disney Streaming Bundle to Include Hulu, Disney+ & ESPN for $12.99

Iger said it would be two years before Disney can have an impact on the Fox films in production. Walt Disney Co ( DIS .N) reported a steeper earnings ...


Yuan fall: Why is China's currency getting weaker?

China also responded by suspending its already limited purchases of US agricultural products. Investors are growing more anxious as the USA and China incre...


McDonald's Paper Straws Are Not Yet Recyclable, Leaked Memo Claims

The straws had been thinner originally, but were strengthened after customers claimed that they disintegrated before a drink could be finished and that it was h...


NEC flying car hovers in the air for a minute

Companies around the world are racing to be the first to launch self-flying vehicles. NEC Corp. displayed the large drone-like machine with four propellers, w...


British Airways Plane Catches Fire, Cabin Crew Handle Emergency like Rookies

Passenger Lucy Brown tweeted that the "terrifying" experience felt like a "horror film". Local journalist, Dani Merono, who was on the flight, said: "We are...


Apple starts issuing credit card to iPhone users

These users now have the ability to add Apple Card to their iOS Wallet app. And while Kuo would not make any concrete predictions about Touch ID being adde...


GateHouse, Gannett to merge for $1.4B, build newspaper giant

New Media Investment Group Inc. agreed to acquire Gannett Co.in a $1.38 billion deal that unites the two biggest US daily newspaper chains in an industry that's...


Gold prices touch all-time high amid trade, J&K tensions

USA gold futures settled 1.3% up at $1,476.50. The gold rate went up by Rs. 800 per 10 grams on the back of strong global trend as trade tensions between th...


Huawei Wants to build "Huawei OS" to Compete

However, Global Times reported a smartphone with the mobile system will follow in Q4 2019 to lure developers and fans into the new ecosystem. And it looks l...


Prices Capped by Demand Concerns, Underpinned by Weak Dollar

This led to a 1% drop in WTI crude for the week and a 2.5% weekly loss for Brent crude. "The market is still digesting the impact of the tariffs on oil market...


Heathrow airport cancels hundreds of flights ahead of strike

Heathrow said in a statement that, as part of a contingency plan, it was working with airlines to "consolidate and reduce the number of flights operating duri...


Global stock markets crash as USA trade war with China escalates

Trump criticized the move in a tweet Monday, while using China's decision to devalue its currency as further ammunition against the Federal Reserve, which dis...


Chinese yuan falls to weakest level against dollar since 2010

Previously, the People's Bank of China had stepped in to prevent the yuan from dropping below the psychological level of seven per USA dollar, "no doubt mindful...


Crude Oil Price Slumps After US Increase Chinese Trade Tariffs

Earlier, The New York Times reported that China and a number of other countries have been receiving oil supplies from at least six Iranian tankers, in defia...


Double shootings heighten fears of 'white terrorism' in US

The El Paso gunman reportedly shouted "pro-Trump" and "anti-immigrant" statements Saturday when he fired off shots, and police are investigating an anti-imm...


French's mustard ice cream meets its match in Oscar Mayer

First French's, who is an authority on well, mustard. Fans can check out more info on Oscar Mayer's Twitter and DM for details on how to get a taste of the ...


Apple Card Won’t Allow Jailbreaking or Cryptocurrency Purchases

According to the customer agreement, cited by Reuters , the card can not be used to purchase cash advances or cash equivalents that include cryptocurrencies, c...


Google suspends transcriptions from voice assistant recordings in Europe

Google has been ordered to cease manual reviews of audio snippets generated by its voice AI for three months while the investigation is under way. German aut...