Money

Fed in three voices: recession, bubbles, and 'in a good place'

In a CNBC interview Friday, Vice Chairman Richard Clarida, who supported the latest quarter-point rate cut, said healthy debate is a strength of the Fed system....


United Kingdom believes Iran was behind Saudi oil attacks: PM Johnson

The US and Saudi Arabia have previously said they believe the attack was carried out by Iran, and not by Houthi rebels battling Saudi forces in Yemen, who I...


Iran responsible for Aramco attack, UK's Johnson says

Tensions between the USA and Iran have soared in recent days, especially after an attack by Yemeni Armed Forces against Saudi Arabia's oil facilities, for w...


Walmart will End the sales of E-cigarette because of Backlash

First known Canadian case of vaping-related illness reported in London, Ont. Fundamental government survey data show more than one-fourth of secondary school ...


Hassan Rouhani says Iran resists sanctions, drives U.S. 'desperate'

Tensions have escalated further in the wake of devastating September 14 attacks on Saudi oil installations that Washington and Riyadh have, to varying degrees...


Amazon vows to cut emissions to combat climate change

And lo and behold, Jeff Bezos - who has never been one to lag behind an important trend - called a press conference yesterday to announce. that Amazon would...


Petrol price jumps Rs 1.59/ltr, diesel Rs 1.31/ltr

In the last six days, petrol prices registered an increase of Rs 1.59 a litre while diesel prices were hiked by Rs 1.31/litre. The rate of increase in price...


Travel Giant Thomas Cook Declares Bankruptcy After Failing To Reach Deal

It served destinations ranging from Europe to North Africa, the Middle East, the United States and Caribbean. Today the agency was forced to refund British ...


UK's Thomas Cook reportedly in rescue talks with government

Al Jazeera's Catherine Stancl reports from London . He said: "We hope a deal can still be done but Dominic Raab and other ministers must come clean and tel...


Facebook Removes Thousands Of Applications From Platforms

Most recently, the Federal Trade Commission fined Facebook $5 billion for its role in the incident, which the regulator says violated a past agreement that ...


India's Petronet signs LNG deal with Tellurian

As per the MoU signed between the two companies, Petronet and its affiliates will negotiate the purchase of up to five million tonnes annually of LNG from Drift...


Thomas Cook has approached United Kingdom government for bailout funds - FT

But, in a statement on its website, the company, which has branches in Lynn's High Street and Millers Walk in Fakenham, said: "We are working on recapitalisatio...


Repo rate remains unchanged at 6.5%

While central banks across the world are easing monetary policy in the face of trade uncertainty and decelerating global growth, the South African Reserve Bank ...


Microsoft stock hits new high after dividend hike, new buyback program

Microsoft's repurchase announcement marked the third time the company has authorized such a major buyback plan, with the previous times having been in 2013 ...


Google relies on climate change: investment in clean energy

After a muted growth posted a year ago, global capacity additions for renewable energy are set to bounce back with a double-digit growth in 2019 driven by sol...


Airbnb says it plans to go public next year

The online accommodation marketplace said today it expects to become a publicly traded company during 2020. The home sharing company was founded in San Fran...


The Fed Might Not Be Able to Stop a U.S. Recession

The cancellation came as U.S. But he said the Fed needed to take account of the risks to that favorable outlook, particularly from slumping growth and disinfl...


India gives companies $20.5 billion tax break to try to revive growth

Lauding PM Modi and finance minister Nirmala Sitharaman , BJP working president J P Nadda said the announcement made by her will give "revolutionary boost in p...


Saudi Arabia vows quick recovery despite damage to plant

The comments follow the U.S. announcement earlier Friday that it is sanctioning Iran's central bank as well as its sovereign wealth fund in retaliation for stri...


UAW tells members there’s 'progress’ in contract talks with GM

The Oshawa plant east of Toronto assembles Chevrolet Impalas, Cadillacs and two models of GM pickup trucks, all dependent on a large share of parts from GM's US...


USA vaping illness count tops 500, but cause still unknown

Almost all cases occurred in young males and almost all were linked to vaping cannabis oil or e-cigarette "juice" that includes THC, the psychoactive ingredient...


Aramco going ahead with IPO despite attacks

The International Energy Agency (IEA) said on Wednesday it remained in regular contact with authorities in Saudi Arabia and that for now, markets remain well ...


OECD slashes South Africa's growth forecast to 0.5 percent

The Paris-based organization cut nearly all economic forecasts it made just four months ago, as protectionist policies take an increasing toll on confidence a...


U.S. 'locked and loaded' to respond to attacks

By 0940 GMT, the contract was at $65.77, up $5.55 or 8.4%. That spike represented the biggest percentage value jump in Brent crude since the lead up to the 19...


Saudi Aramco: We Never Asked Iraq For Extra Oil

Among the Western financiers working on the IPO are JPMorgan, Goldman Sachs, Morgan Stanley and Credit Suisse. Pompeo is now in Saudi Arabia discussing re...


Apple fights $14-billion court battle over "phantoms"

Other judges dug into details of how the branches were run and how the Irish government determined that the revenue should be taxed there. "This is Ireland's re...


India FY20 fiscal deficit may surge 70 bps on govt tax measures

The rupee rose as much as 0.9% to 70.68 against the dollar, its strongest level since Aug 9, while the yield on benchmark 10-year bond rose to 6.71% versus 6.57...


Eight stomach acid medicines taken off shelves here due to impurities

Due to the warnings, the spokesperson for Sandoz told us, "As part of industry-wide recalls of ranitidine medicines, we are recalling at pharmacy level..." Ho...


‘EU defies reality!’ Brussels under fire over $14 billion Apple tax ruling

Apple is expected to pay a United States dollars 14.4 Billion settlement in Irish back taxes as part of EU's increased scrutiny on large companies that have ta...


India condemns Saudi oil field attacks

A Saudi military source alleged "Iranian weapons" had been used. Sitting in the Oval Office with Bahrain's Crown Prince Salman bin Hamad Al-Khalifa, Trump w...