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Wall St eases from record highs on coronavirus concerns, Cisco results

Uncertainties surrounding the coronavirus epidemic and downbeat economic data had put a damper on investor sentiment for much of the day. Rising stocks outnum...

Storm Dennis: Weather warnings in place as gusts of 120km/h expected

The Met Office said the highest wind gust recorded was 146 km/h at Aberdaron in north Wales on Saturday. Britain's meteorological service, The Met Office, o...

Holden To Stop Selling Cars In Australia

Holden's parent company, the US-based General Motors , made the shock announcement a short time ago, confirming Holden as a brand will be removed from sale co...

Delta unveils 10-year plan to become world’s 1st carbon-neutral airline

The oil producer says it'll offset its carbon emissions by 2050, and the airline is aiming for the end of the decade. Delta also plans to investigate carbon re...

Juul Advertised Its Products on Kids' Websites, New Lawsuit Alleges

IL filed suit on similar grounds in December, and California and NY sued the company in November. Healey said they are suing for damages under the state's...

Bombardier is getting out of the commercial aerospace business | Urbanized

Bombardier sold its Belfast operation to USA company Spirit AeroSystems a year ago and a spokesperson for the firm said the "Airbus A220 programme's new owners...

Wendy's Fires Employees Over a Viral Video of Someone Bathing in Sink

According to Fox 4, Wendy's has a major public relations crisis in their hands after some Wendy's employees in MI went viral for bathing in the kitchen sink, ...

US court rules Apple must pay California workers during bag checks

A lower court had previously sided with Apple, ruling that time spent by employees waiting for the exit searches can not be considered "hours worked" under Cali...

City watchdog investigates Barclays boss Jes Staley's links with Jeffrey Epstein

A Wall Street veteran, Staley has remained committed to growing investment banking at Barclays , even as European peers scale back in this area in favor of w...

Tesla locks in stock surge with $2B offering at $767 per share

The stock rally even allowed the company to break the $150 billion threshold earlier in February, before the prices settled to around $800 per share on Friday. ...

German GDP stagnates in Q4, 2019

The German auto industry has stumbled into a slump as it battles to adapt to new environmental challenges. So far, many economists have said the American econ...

China Dispatches Some 25,000 Medics to Coronavirus-Hit Hubei Province

Wang also said that the prevention and control of the COVID-19 outbreak was now at its most crucial stage in China, while Wuhan still remains the main battlefie...

Singapore, Hong Kong Sevens postponed due to coronavirus

Organisers of the SportAccord World Sport and Business Summit, due to be held in Beijing from April 19-24, said in a statement on Thursday that the event is b...

Sanders Will 'Ruin' US Economy, Ex-Goldman Sachs CEO Says

He also alleged that Russian Federation would be supporting Sanders. He also said Sanders "doesn't care about our military" and "is just as polarizing as [Pre...

Qatar Airways confirms readiness to support Air Italy

We have no interest whatsoever in buying Air Italy . Air Italy has entered liquidation after shareholders - Alisarda and Qatar Airways - refused to inv...

Telecom dept orders telcos to clear dues by February 14 midnight

Overall, these telecom companies owe over INR 1 Tn to DoT. The order issued the circle-based Controller of Communication Accounts came after the telecom depar...

IEA Sees First Global Oil Demand Drop in a Decade

Brent crude was up $1.05 cents or 1.9% at $57.39 a barrel by 1437 GMT. "Our baseline thesis remains that oil demand destruction remains largely a China stor...

McClatchy newspaper chain files for bankruptcy protection

The McClatchy Company, the publisher of newspapers from the Miami Herald to the Kansas City Star , is filing for Chapter 11 bankruptcy protection . "When lo...

Microsoft's Work For Pentagon Suspended As Judge Approves Amazon Appeal

The government can't proceed with implementing the contract "until further order of the court", according to the decision by U.S Court of Federal Claims Judge P...

Oil prices steady but set for weekly gain on supply cut optimism

While the IEA still expects demand for oil to grow for this year as the outbreak is contained, it slashed its forecast for the increase in global consumption by...

IBM adopts 'Slack' for its 3,50,000 employees

Corporate messaging app Slack acquired a major client of the company IBM , which has for several years been testing the app within a small team of engineers, c...

Narayana Murthy’s son-in-law Rishi Sunak is UK’s new finance minister

Javid smiled as he entered the prime minister's 10 Downing St. office on Thursday morning to meet Johnson along with other ministers who were being promoted or ...

Coronavirus: WHO readies master plan to tackle rapid spread in China

A spokesman for China's health commission, Mi Feng, said the change was aimed at identifying suspected cases in which the patient has pneumonia so they can be...

Retail inflation rises to 7.59% in January on higher food prices

Vegetables remained costly, showing a 50% inflation rate, despite the recovery in onion prices. However, inflation rate for pulses moved up a tad to 16.71 per c...

Singapore's DBS evacuates 300 staff after employee contracts coronavirus

An email seen by The Straits Times said that there was a confirmed case at the DBS Asia Central office on the 43rd story of Marina Bay Financial Centre (MBF...

RBNZ Strikes More Hawkish Tone In Keeping Rates On Hold

Sentiment continues to improve with the continued slowdown in the rate of growth in new coronavirus cases and as such global equity markets along with risk link...

Coronavirus death toll jumps by record 242 in just one day

Hubei authorities have been criticized fiercely for not having responded to the deadly virus in the early stage of the outbreak, which, as of Thursday, had kil...

Amazon lawsuit causes judge to temporarily block Microsoft Pentagon contract

The judge told Amazon and the Pentagon to confer by February 27 on what portions of the opinion can be released publicly. The ruling is a victory for Amazon, ...

Tesla recalls 15,000 Model X SUVs for power steering issue

Musk, a billionaire entrepreneur who reached a regulatory settlement with the SEC in 2018, had brushed off questions as recently as late January about whether ...

Skateboards to EVs: Hyundai taps Canoo for cost reduction

Hyundai-Kia and Canoo announced on February 12 that they have signed a mutual cooperation agreement on the development of next-generation electric vehicles ...

Airbus reported net loss by the end of 2019

A weaker sales outlook for the military transporter led to a 1.21 billion euro charge and will continue to weigh in coming years, Airbus said on Thursday. As th...

Minister offers to meet chiefs over cross-country anti-pipeline protests

Protesters supporting the Wet'suwet'en First Nation blocked traffic in downtown Ottawa for about an hour Wednesday evening. Via Rail is cancelling service o...

Jeff Bezos just reportedly bought the most expensive home in Los Angeles

The house is spread over 13,600-square foot and has many terraces, gardens, two guesthouses, a swimming pool, tennis court, and a nine-hole golf course! The p...

SoftBank-Backed Brandless Closes Down

Included in its shut-down, business will allegedly lay off 70 workers, together with 10 staying aboard to solve outstanding orders and figure out how to market ...

Powell hears bipartisan Senate support for Fed independence

Powell was answering questions from senators on the second day of semi-annual congressional testimony, which also saw him quizzed on the coronavirus and housi...