Money

Doubts cast on easyJet plan to be net-zero emissions airline

By committing to the changes, easyJet claims it will become the first major net-zero carbon airline. The low-priced carrier said it would become the first m...


Jio joins Airtel, Vodafone Idea in raising telecom tariffs

As of now, the telecom companies have not revealed how much will be the tariff hike. Like Jio, the two telcos did not quantify the increase in rates but instead...


Ottawa urges end to CN strike as thousands walk off the job

The Teamsters Canada Rail Conference gave its required 72-hour strike notice this weekend. Hadju said "while we are concerned about the impact of a work st...


TikTok Owner Reportedly Expanding Its Empire Into Music Subscriptions

The Financial Times reported that the company is now talking to large record companies, among them Universal Music , Sony Music, and Warner Music , about ...


Fed chair meets with Trump at the White House

Treasury Secretary Steven Mnuchin also attended. The Fed's benchmark rate is now in a range of 1.5% to 1.75%, an extremely low level by historic standards, pa...


Vegans sue Burger King over 'contaminated' fake meat in Impossible Burger

A lawsuit has been filed against Burger King , claiming the fast-food chain cooks its meatless Impossible Whoppers on the same grill as its beef patties. Bur...


Ford: New Mustang Mach-E 'strikes like forked lightning'

Ford unveiled on Sunday the Mustang Mach-E, targeting an estimated range of at least 300 miles with the available extended-range battery and rear-wheel driv...


Chick-Fil-A to Stop Donating to Alleged Anti-LGBTQ+ Charities

The company has not ruled out the possibility of donating to faith-based charities in the future, but said that they will not donate to any organisation that ha...


WeWork Layoffs 2019: 4,000-6,000 Employees To Lose Jobs Over 5 Years

Another 1,000 employees will be laid off as the startup shuts down its other businesses, including a private school it runs in Manhattan. As many as 6,000 emp...


Oil prices hold above $63 on trade talk optimism, OPEC

Oil rose on Friday as comments from a top USA official raised optimism for a U.S. Data released on Thursday also showed weekly United States crude stockpiles ...


HP rejects Xerox bid, says open to acquiring printer maker

HP's statement included a November 5 letter from Xerox outlining the offer of $17 a share in cash and 0.137 Xerox shares for each HP share, for a total transact...


Naver, SoftBank announce merger of Line, Yahoo! Japan

It also offers Line a deep-pocket patron who can offer its tech expertise, including potentially via the giant Vision Fund. Under the deal, Naver and Japanese...


Recreational pot shops can start selling December 1

This will create an environment where businesses can provide the market as soon as possible. They will have to have a license on both the medical and recreation...


Crude Prices Mixed On Swelling Inventories, But OPEC Maintains Positive Forecast

OPEC's latest monthly report stated, "Signs of improving trade relations between the USA and China, a potential agreement on Brexit after the United Kingdom...


US Supreme Court steps into Google-Oracle copyright fight

Court of Appeals for the Federal Circuit said in a 3-0 ruling. Oracle disagrees with this interpretation and says the lines of code are a creative product. Orac...


Energy giant: Aramco declares $1.71 trillion valuation in blockbuster IPO

Saudi Aramco's multibillion-dollar initial public offering (IPO), probably the biggest in history, shifted to full gear as its share price was announced and s...


OPEC+ faces 'major challenge' from competitors' surging output: IEA

But the real kicker is that OPEC oil supply stood at 29.650 million bpd in October, while the average demand for OPEC oil in 2020 is ... At the beginning of J...


Australia's Qantas operates 19 1/2 hour London Sydney flight

Critics of will.i.am's decision to name the flight attendant said he was using his platform of more than 12 million Twitter followers to direct hate at a pers...


Seahawks aren't for sale, but Jeff Bezos might be interested anyway

The contract -named Joint Enterprise Defense Infrastructure, or JEDI- includes Microsoft providing cloud storage of sensitive military data and technology for t...


Amazon is disputing Pentagon's decision to offer $10 billion contract to Microsoft

This is in reference to President Donald Trump's criticism of Amazon CEO Jeff Bezos . It is crucial for the country that the government and its elected lea...


Instagram is now testing hiding likes worldwide

So, maybe this will ultimately end up being more than a test . On Thursday, Instagram announced it is now expanding its months-long test to hide like coun...


Trump's Latest Trade War Comment Puts Oil Prices Under Pressure

At 10:38 GMT, January WTI crude oil is trading $56.34, down $0.52 or -0.91% and January Brent crude oil is at $61.26, down $0.80 or -1.29%. Oil prices h...


Nissan recalls more than 450,000 vehicles for fire danger

Should this happen, Nissan says "owners are advised to park the vehicle outdoors away from other vehicles and structures and to not drive the vehicle". Dealers ...


Royal Mail Christmas strikes blocked as postal company secures injunction

The postal services company brought legal action against the Communication Workers Union , or CWU, after members voted to back walkouts by 97% on a turnout of ...


Global miner BHP taps Australia head Henry as new CEO

A former colleague speaking to Reuters anonymously said Henry had a reputation as a thoughtful, ethical, diligent leader, more a safe pair of hands than an aggr...


Germany narrowly avoids recession with suprise GDP figures

Germany's export-oriented manufacturing industries have been sapped by trade wars between the US, EU and China and Brexit uncertainty, among other factors. "So,...


Traders Being Played by Ever-changing Trade Deal News

Progress was being made on an agreement's details, according to U.S. Commerce Secretary Wilbur Ross , who said the trade talks were set to continue with a tele...


China’s economy shows further signs of weakness

China's steel output fell to a seven-month low in October while cement production contracted for the first time in more than a year, compared with a year earlie...


White House hopeful Elizabeth Warren baits billionaires

Warren has previously said that it's "only fair" that Cooperman and "his billionaire friends chip in to make sure everyone else has a chance to succeed". ...


The Great Chicken Sandwich Debate: Chick-fil-A or Popeyes?

Investigators believe McClain and Davis got into a beef inside the fast food chicken restaurant, in the town just outside Washington, DC, when Davis cut in li...