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OPEC’s April oil supply down to 30.23mbpd

Meanwhile, all of Iran's oil clients are looking for alternatives, and they are finding them, but at a higher price: Saudi Arabia, Iraq, and the UAE were quick ...

RIL to acquire British toy-maker Hamleys for Rs 620 cr

The deal will make Hamleys Reliance's first overseas retail brand, expanding its current portfolio which is primarily focused in Indian supermarkets. The Reli...

GM to maintain auto presence in Oshawa, build autonomous test track

Unifor Canada President Jerry Dias says the announcement is something, but no reason to celebrate. "The answer is no", said Dias. The deal between GM and Unif...

Trump says trade deal was close, but China tried to renegotiate

Mr Liu, speaking to Chinese state TV on his arrival in Washington , said he "came with sincerity". "Otherwise, I don't think Liu would be coming". Trump repe...

NZ's rate cut is 1st in developed world this cycle

The central bank's new monetary policy committee decided a lower OCR was necessary to support the outlook for employment and inflation, consistent with its ...

Facebook Co-Founder Calls for Government to Break Up Mark Zuckerberg's Empire

Now he says the company he helped create needs to be. "Mark's power is unprecedented and un-American ", Hughes wrote on Thursday, referring to Mark Zucker...

Zuckerberg to explain Just How Facebook gets’Solitude Concentrated’

The FTC would also appoint an independent watchdog to oversee Facebook's data practices. He also said that executives at large companies may not have been aware...

EU Cuts Economic Forecasts Over Trade Uncertainty

Pierre Moscovici, European commissioner for economic and financial affairs, told CNBC Tuesday that the fundamentals of European economies were still solid. "In ...

GM Self-Driving Unit's Valuation Swells to $19 Billion

GM's driverless vehicle company Cruise has raised another $1.15 billion from a group comprised of SoftBank, Honda, General Motors (GM), and T. Rowe Price As...

Warren Buffett: Apple earnings confirm why we invested $50 billion

And this rose 5% to $5.6 billion this year from $5.3 billion last year. Berkshire said the numbers don't include any contributions from its ownership of more ...

Australia's interest rate held at 1.5 pct for 33rd month

At the same time, the RBA characterized the labor market as "strong" and said it expected the unemployment rate to ease to 4.75 percent in 2021 from current lev...

Workhorse Lordstown Plant - What's Going On?

Cleveland.com reported that the sale is not final but that the sides are still in the "early days" of a negotiation, according to Workhorse . During a visit...

New York Times reveals Donald Trump tax returns

As the Times kicker states, "While Donald Trump reported hundreds of millions of dollars in losses for 1990 and 1991, Fred Trump's returns showed a positive...

Chinese government-friendly PUBG Mobile update replaces kills with a friendlier alternative

The game premiered informally in China in February 2018, but Tencent could not charge players and receive commercial gains, though the game was one of the mos...

Uber drivers in United Kingdom cities strike over pay and conditions

Lyft said Tuesday its loss in the past quarter widened to $1.1 billion in the ride-hailing giant's first financial report as a public company , as it announc...

Binance Hacked: Withdrawals Frozen, Manipulation Warning, BTC Drops

Some users noted that bitcoin bull runs, such as the one that saw BTC reach nearly $6,000 this week, after often stopped in their tracks by major exchange ha...

Uber & Lyft Drivers Set To Strike On Wednesday, May 8

Drivers from New York, Los Angeles, Boston, Philadelphia, and Chicago are among those participating in the work stoppage that will take place between 7 AM and 9...

Wall Street Plunges on Heightening US-China Trade Worries

Robert Lighthizer, the United States trade representative and a key player along with Treasury Secretary Steven Mnuchin in talks, underlined those fears. Nego...

Total backs Occidental's Anadarko bid with deal to buy assets

Occidental's new bid is for $59 in cash and 0.2934 shares of Occidental common stock for each Anadarko share. Its previous bid was 38 in cash and 0.6094 shares ...

Around 200 Riot Games employees took part in walk out protest

Riot Games has had a controversial year, as five lawsuits were filed against the company from employees who state the studio has violated the California Equa...

FCC: Don't call back 'One Ring' robocalls

Anyone who receives a "One Ring" call can report it to the FCC here. Recent #s left on caller IDs have been from area code "222", a West African Country Code,...

May 2019 Android Security Update Goes Live for Pixel Devices

According to an apparent marketing poster of the Pixel 3a XL, which was spotted by Slashleaks , the 6 GB RAM and 64 GB storage variant of the Pixel 3a XL ...

Oil prices under pressure from US-China trade dispute, market remains tense

Fears of conflict rose Monday as the United States vowed to send a message to Iran by deploying an aircraft carrier strike group, amid a report that Tehran woul...

Chinese Stock Market Nosedives Amid Trump's Tariff Threats

Trump tweeted that, for 10 months, China has been paying tariffs to the United States of America of 25 per cent on $50 billion of high tech, and 10 per cen...

Discounts, freebies offered during National Nurses Week

Yet while aspects of the profession continue to evolve, nursing will at heart remain a calling that draws a special type of person - one who is willing to commi...

USA stock futures plunge after Trump threatens China with tariff hike

U.S. President Donald Trump raised pressure on China over trade negotiations on Sunday by saying U.S. tariffs on certain Chinese products will increase to 25%...

Oil tumbles, China stocks plunge over 4% after Trump vows tariff hike

Equity markets, which have been largely expecting the two sides to reach a trade agreement soon, fell sharply as further talks to end their bruising trade wa...

Conservative media group buys regional sports nets from Disney, reports say

The Journal calls the purchase "a big win" for Sinclair , which failed to get government approval past year to buy Tribune Media's 42 television stations. Thou...

Trump threatens to increase China tariffs

Treasury Secretary Steve Mnuchin called the previous April talks between the USA and China "productive". "The Trade Deal with China continues, but too slowly,...

US unemployment rate falls to lowest level since 1969

The average workweek fell to 34.4 hours from 34.5 hours. USA employers likely maintained a strong pace of hiring in April while steadily increasing wages fo...

Facebook's potential settlement with FTC will likely include WhatsApp

The Federal Trade Commission (FTC) and Facebook are now negotiating a legal settlement that could make CEO Mark Zuckerberg personally liable for any future ...

Amazon.com shares boosted by Warren Buffett's comments

Charlie Munger, business partner of billionaire Warren Buffett , said Saturday the two are "ashamed" of not having invested in Google , which has become one...

HSBC posts strong profit gain as revenue rises

HSBC Holdings beat forecasts with a 31 per cent rise in the first quarter profit, bolstered by a surge in income from its core Asian business due to the absence...

Tesla seeks US$2.3 billion in debt, share issues

Analysts have been predicting for months that Tesla would need to raise funds for its expansion plans, which include the construction of a factory in Shanghai, ...

FCC warns of increase in ‘One Ring’ phone scams

The FCC said don't call the numbers back. The Federal Communications Commission warned consumers Friday of "waves" of scam robocalls targeting NY and Arizon...