Trump Administration Presses Saudis For Information On Missing Journalist

A string of reports on Tuesday added new, shocking details to the disappearance of journalist and dissident Jamal Khashoggi , including accounts of Saudi agents wielding a bone saw and a plea from his fiancée that he be returned home. The channe... More..

by | Published more than a month ago
International Monetary Fund downgrades outlook for world economy to 3.7% growth
by | Thursday, October 11, 2018

International Monetary Fund downgrades outlook for world economy to 3.7% growth

The IMF said higher trade barriers could disrupt global supply chains, slow the spread of technology and ultimately lower global productivity and welfare. The IMF-World Bank meeting is an annual summit to...More..

StatsCan says unemployment rate dipped in September on big part-time job gains
by | Monday, October 08, 2018

StatsCan says unemployment rate dipped in September on big part-time job gains

But Canada added a total of 80,200 of full-time positions to land at 63,300 added jobs. The latest monthly report from Statistics Canada indicates the jobs market remains volatile, after August saw a declin...More..

Has Theresa May promised to end austerity?
by | Sunday, October 07, 2018

Has Theresa May promised to end austerity?

On the eve of her speech, Boris Johnson infuriated the prime minister with a cultivated media scrum and then delighting his supporters with a speech in which he set out his personal Tory leadership manifest...More..

USA president cheers new USMCA trade deal, heralds end of NAFTA era
by | Sunday, October 07, 2018

USA president cheers new USMCA trade deal, heralds end of NAFTA era

We have survived the 14 roller coaster months of a very unpredictable president". He said the new deal was "much more reciprocal" than Nafta , which he described as "perhaps the worst trade deal ever made "...More..

'Shortseller Enrichment Commission’? Musk mocks SEC over fraud probe
by | Sunday, October 07, 2018

'Shortseller Enrichment Commission’? Musk mocks SEC over fraud probe

Tesla delivered 8% more vehicles in the third quarter than Wall Street analysts had expected. Facepalm: On Thursday, Elon Musk tweeted "Just want to that the shortseller enrichment commission is do...More..

What Consumers Pay For Petrol, Diesel After Price Cuts
by | Saturday, October 06, 2018

What Consumers Pay For Petrol, Diesel After Price Cuts

The move has come as a relief to commuters who were expecting the prices, at the current rate, to cross Rs 90 per litre for petrol and Rs 85 per litre for diesel . Jaitley made this announcement at a surpris...More..

Amazon To Pay $15 An Hour To All U.S. Employees
by | Wednesday, October 03, 2018

Amazon To Pay $15 An Hour To All U.S. Employees

Amazon now employs around 575,000 workers around the world. The pay increase also extends to London and the UK. That's the fastest annual gain since the Great Recession ended almost a decade ago. That comes t...More..

Tesla sharply ups Model 3 production in third quarter
by | Wednesday, October 03, 2018

Tesla sharply ups Model 3 production in third quarter

Musk allegedly tweeted "considering taking Tesla private at $420". The SEC wanted to oust Musk as CEO as punishment. The electric vehicle maker is expected to report third-quarter production numbers on Tu...More..

Facebook says up to 50 mn accounts breached in attack
by | Tuesday, October 02, 2018

Facebook says up to 50 mn accounts breached in attack

When you log into websites like Facebook, you are given an access token. The vulnerability has existed since previous year, and is the largest till date. "The access tokens have been compromised and Facebook ha...More..

General Electric CEO John Flannery is out
by | Tuesday, October 02, 2018

General Electric CEO John Flannery is out

Horton, 57. a onetime chairman and CEO of American Airlines , has been appointed lead director. GE also announced its cash-flow and earnings per share would be less than previously indicated, because of prob...More..

KAI loses multi-billion dollar training jet contract to Boeing
by | Monday, October 01, 2018

KAI loses multi-billion dollar training jet contract to Boeing

A new Air Force training jet won't be built in eastern Alabama. It positions Boeing to potentially replace Navy trainers once the service begins to phase out its aging T-45 fleet, said Byron Callan of Cap...More..

by | Saturday, September 29, 2018

Tesla without Musk at the wheel? That's what the SEC wants

Tesla was off about 11 per cent at $273.60 following a bombshell announcement by the US Securities and Exchange Commission late Thursday that it was charging Musk for making " false and misleading " statements ...More..

by | Friday, September 28, 2018

Trudeau says Canadians are tough negotiators

As the NAFTA negotiations are wrapping up, and after a successful renegotiation of the US-South Korea free-trade agreement, the Trump administration's focus appears to be shifting to trade talks with Japan. Nin...More..

by | Thursday, September 27, 2018

Canada refusing to make concessions on NAFTA

Returning to criticizing Canada, he ripped America's neighbor to the north for a long-imposed tariff of almost 300 percent on some dairy products. The Trump administration has previously set at least four dea...More..

by | Thursday, September 27, 2018

Oil eases, but Iran sanctions keep Brent above $80 a barrel

He said: " OPEC and OPEC nations are as usual, ripping off the rest of the world , and I don't like it, nobody should like it". The updated report comes as U.S. he has focused the market's attention on the ...More..

Michael Kors Is Reportedly Buying Versace for $2 Billion
by | Thursday, September 27, 2018

Michael Kors Is Reportedly Buying Versace for $2 Billion

Last year , the London-based Michael Kors scooped up Jimmy Choo for $1.2 billion. There have even been guessing games as to what Michael Kors would rename his holding company, should he choose to do so. The c...More..

China accuses Trump of 'holding a knife to its throat' with tariffs
by | Wednesday, September 26, 2018

China accuses Trump of 'holding a knife to its throat' with tariffs

Citing robust trade data and examples of new deals that replaced lost American partnerships, the officials also projected confidence in China's capability to withstand a protracted trade conflict with the USA, ...More..

Up to 3000 Amazon Go stores may be on the way
by | Friday, September 21, 2018

Up to 3000 Amazon Go stores may be on the way

Amazon opened its first cashierless store in Seattle two years ago (pictured) and has launched two additional locations in Seattle and another in Chicago. Shoppers download the Amazon Go app and scan a QR co...More..

China won't weaken currency to boost exports, premier says
by | Thursday, September 20, 2018

China won't weaken currency to boost exports, premier says

Li promoted China's defence of globalisation and free trade and promised to continue to open the Chinese market to foreign investment. "If there's a retaliation against our farmers and our industrial workers ...More..