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OPEC, OPEC+ set meetings for June 6 to finalize oil cut extension

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India Will Buy Oil From Iran In November, Says Petroleum Minister

Refiners have already announced purchases of oil from Iran for November at levels nearly similar to those in October, despite the start of the sanctions on the ...

Facebook hoax: Cloned account message is a fake

The suspicious message is considered to be spam, which is different from being hacked, Facebook told WSYR-TV. The messages begin with "Hi.... I actually got a...

Despite US sanctions, India to continue buying Iranian oil

Labor Department's employment report showed that average hourly earnings increased 0.3 percent in September, while the unemployment rate fell to near a 49-year ...

India central bank unfazed by rupee's record slide

The rupee slipped to a fresh record low 73.76 per U.S. dollar in early trade on Thursday, after settling at a record low of 73.34 on Wednesday. The rupee...

US Unemployment Rate Falls To 49-Year Low Of 3.7 Percent

Economists polled by Reuters had forecast payrolls increasing by 185,000 jobs in September and the unemployment rate falling one-tenth of a percentage poin...

We’ll deliver for Britain if we hold our nerve - Theresa May

Just hours after the Prime Minister appealed to the party to unite behind her plan, former Brexit minister Steve Baker, who quit over Chequers , urged her ...

Sensex Falls for Third Straight Day as Fuel Price Cut Spooks Investors

While the recent tax cut by the government resulting in the lower fuel price is great news for consumers, global oil prices are still a big determinant on how ...

Canada, US and Mexico reach new trade deal — Revamped NAFTA

Another element of the deal will exempt Mexican and Canadian cars from any future USA automotive tariffs up to certain import quotas. Regarding customs cleara...

VP Pence accuses China of interfering in U.S. politics, IP theft

China expert Chris Johnson, a former Central Intelligence Agency analyst now at Washington's Centre for Strategic and International Studies, said Pence's speech...

Toyota recalls more than 2.4 million cars over crash fault

Another one million were sold in Japan, 830,000 are in North America, 290,000 in Europe, 3,000 in China, as well as other countries across the world. Toyota h...

Beijing blasts Pence’s speech on ‘Chinese meddling’

Mr. Pence's speech comes as conflict with China increases. "Regrettably, we found that China has been attempting to interfere in our upcoming 2018 election"...

Elon Musk mocks United States financial watchdog after settlement

The statement by the electric automaker's CEO alludes to "shortsellers", investors who have bet that Tesla shares will fall and who are frequently the subject o...

Against Street expectations, RBI keeps repo rate unchanged at 6.50 per cent

The prospect of a more aggressive Fed also rattled regional equities. A surge in global crude prices, a fall in the rupee , hardening bond yields and selling...

Trudeau says dairy industry deserves compensation after trade deal

Theoretically they can just ship milk into Canada as well, but most of the time it ends up in a further process product. Biologics, drugs that come from a...

Super Micro motherboards used by Apple, Amazon contained Chinese spy chips

Amazon , Apple and Super Micro have all denied Bloomberg's report . "Over the course of the past year, Bloomberg has contacted us multiple times with claim...

Government Announces Relief On Fuel Prices By Reducing Excise Duty

Sources said the Centre has also urged the State governments to slash taxes on petrol and diesel which will is likely to further reduce the prices by at least...

President Trump announces new trade deal with Mexico, Canada

The quota would allow for significant growth in tariff-free automotive exports from Canada above current production levels of about 2 million units, safeguardin...

Trump talks oil in call with Saudi king

EDT (1538 GMT), the highest since November, 2014. WTI has risen around 18% since mid-August. Worldwide benchmark Brent crude futures for December delivery dro...

Amazon raises minimum wage to $15 for all employees

Amazon on Tuesday said it will raise its minimum wage to $15 in the USA, a response to mounting pressure over its wages and treatment of its warehouse worke...

Elon Musk reaches deal with USA regulators

In addition, Tesla agreed to appoint two more independent directors to its board, and exercise more control over Musk's statements on social media as well a...

Trump Hails 'Terrific' Trade Deal with Canada, Mexico

Ambassador David MacNaughton. The U.S. and Canada reached a deal to replace the North American Free Trade Agreement , signed a quarter-century ago, with a ...

Wage inflation on the agenda after Amazon gives workers a big raise

Amazon says that they will also begin advocating for an increase in the federal minimum wage. "The current rate of $7.25 was set almost a decade ago", Senior V...

Canada | New NAFTA Deal | Trump Tariffs

Trump also refused to be pinned down on whether he intends to ease Section 232 tariffs on Canadian exports of steel and aluminum, saying at once that the tariff...

U.S. Justice Department Sues California Over Net Neutrality Law

The FCC has said instead that other agencies, such as the Federal Trade Commission, should take a more active role in protecting the public from violations ...

Elon Musk Reportedly Says Tesla Is Close to Achieving Profitability

The message from the Tesla boss could bring some cheer to the workers as the last few weeks had been quite tumultuous for Musk who had on Saturday agreed to s...

50 million Facebook accounts hacked: All questions answered

This isn't something a quick password change can fix. More than 90 million people will need to log back into their Facebook account. On the afternoon of...

Tesla shares jump after Musk settles with SEC

The settlement will require the billionaire to relinquish his role as chairman for at least three years, but he will able to remain as chief executive. On Satur...

Facebook data breach, 50 million accounts have been compromised

At the center of the hack was a Facebook feature that allows users to view their own Facebook page the way other users with different access levels - frie...

Canada, U.S., Mexico finalize trade agreement, sources confirm

If the deal is ratified by the three countries' legislatures, their heads of state - US President Donald Trump, Canadian Prime Minister Justin Trudeau and Me...

Trade talks stuck in neutral as Trump 'very unhappy' with Canadian negotiator

Trump says he will pursue a trade deal with or without Canada , and has repeatedly threatened to impose punitive tariffs on Canadian automobiles if a trilatera...

McDonald's is giving away free coffees of any size tomorrow

Text the phrase FREECOFFEE to 64827 and you'll get a mobile coupon good for a free drink on Saturday - a choice of hot or cold Farmhouse Blend or Bold coffee in...

A look at escalating US-China trade war

Trump, speaking at the United Nations also on Tuesday, criticised China for its trade practices, and offered a thunderous recitation of his "America First" po...

McDonald’s removing artificial additives from its burgers

McDonald's says to make the change it removed artificial preservatives from its American cheese, the Big Mac's "Special Sauce", and buns for the sandwiches. Pan...

USA dollar rises on weaker euro, Fed policy; stocks gain

In continuing with its policy of gradual rate rises, the latest one marks the Fed's eighth rate hike since 2015, indicating its favourable assessment of the U...

Bezos' Space Startup to Supply Engines for ULA's Vulcan Rocket

United Launch Alliance said that Blue Origin will provide engines for the booster stage of a next-generation rocket - the Vulcan Centaur - which is on trac...