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Bitcoin's value falls by a third amid intense scrutiny of Facebook's Libra

Congress members asked how Facebook will ensure sufficient consumer protection and prevent the cryptocurrency from being used for illegal activities such as...

London house prices fall at fastest rate in 10 years

House prices in London have tumbled at the fastest annual rate since 2009, official figures show. London house prices down 4.4% y/y * United Kingdom house ...

Pound hits two-year low against U.S. dollar

The Australian dollar was nearly unchanged at $0.7037 after gaining about 0.3 percent the previous day, getting a lift from Chinese economic data which either m...

AMP $3.3b life insurance sale unlikely to go ahead, dividend scrapped

AMP has said the $3.3 billion sale of its life insurance arm to a foreign buyer was unlikely to proceed as planned and that it had scrapped its interim dividend...

Juul CEO apologizes to parents of children addicted to vaping products

The apology, made in a USA television documentary being aired on Monday, was dismissed as fake and deceptive by an anti-smoking group. JUUL's sleek device -...

EU Adopts Punitive Measures Against Turkey Over Cyprus Drilling

The Council once again called on Turkey to refrain from any drilling activities off the coast of Cyprus and instead, "act in a spirit of good neighbourliness a...

Musk shows off progress on brain-machine interface

It demonstrated its technology on a laboratory rat, with performance levels that exceed today's systems in terms of data transfer. For now, the goal is to let a...

Tesla Cuts Standard-Range Model S, X; Cuts Price on Model 3

The Model S Performance is $101,190; the Model X Performance can be yours for $106,190. After extending the maximum range of the company's top-line Model...

How US Congress Can Make Stablecoins and Libra Irrelevant

Ultimately, this means that at the moment, Facebook's wallet will be the only one integrated into its ecosystem of apps and this could possible lend a huge co...

Verdict against Bayer in Monsanto Roundup case is slashed to $25 million

Because it's the first case of hundreds collected from federal courts across the U.S.to go to trial, many of his rulings will serve as a bellwether for those su...

Oil prices fall on fading storm impact, Chinese economic data

Crude has gained this month because of shrinking USA stockpiles and rising tensions in the Middle East. "Crude prices softened as oil companies returned workers...

Europe's Galileo GPS Satellite System Experiencing Major Outage

A PTF generates and curates the reference time against which all clocks in the Galileo system are checked and calibrated. The European GNSS Agency (GSA ), th...

Goldman Sachs hikes dividend despite trading weakness

The business had revenue of $36.54 million for the quarter, compared to analyst estimates of $36.22 million. Zacks Investment Research's sales calculations ...

Amazon Prime Day sales: Early estimate shows gain from past year

If there's something specific you'd like that hasn't yet gone on sale, we'd recommend whacking it in your basket and coming back later to see if the price has d...

Facebook to be fined $5bn in FTC privacy settlement

According to anonymous sources , the FTC decision was approved by a narrow 3-2 vote with the Republicans in favour and the Democrats against a fine they consid...

Save 30% on the Marvel’s Spider-Man for PS4

We've rounded up the best Prime Day deals on streaming devices, streaming services, and everything that goes with them like smart speakers. Also included in...

Facebook’s Libra Could Be Used For Terrorism: US Treasury Secretary

House and Senate were soon after scheduled for July 17 and 16, respectively. Indeed, Libra's effects on monetary policy has been a concern uttered from all ...

Hong Kong leader calls protesters rioters

Commissioner of Police Stephen Lo Wai-chung described protesters involved in pitched battles at shopping centres as "thugs", and vowed to track down those respo...

Symantec ends talks to sell to Broadcom over price

Almost two weeks ago, Broadcom was close to finalizing the acquisition of Symantec for more than $15 billion, the Financial Times reported. In an analyst not...

Markets waver as Chinese economy slows

The GDP figures are within the government's target range of 6.0-6.5 percent for the whole year, down from the 6.6 percent growth China posted in 2018. "We've ...

New Air Passenger Rights Protections Come Into Effect

Provide food, drink and accommodation when passengers' flights are delayed. The regulations require prompt updates and clear communication with passengers abo...

Amazon workers stage Prime Day protests outside UK DCs

Warehouse employees in the UK, Germany, and USA are organizing protests, calling for better pay and safer working conditions. Workers at the company's fulfilm...

Amazon Prime Day 2019: Everything You Need to Know

Amazon India is bringing a Virtual Reality (VR) based experience for the Prime Day sale. The net result is that Prime Day has grown into a sort of general shop...

China Q2 GDP growth slows to 27-year low, more stimulus expected

The reading highlights the negative impact the USA tariffs stand-off is having on China as leaders also try to recalibrate the growth model from exports and s...

Huawei plans extensive layoffs at its U.S. operations

Huawei, the world's largest telecommunications equipment maker, was added to a Commerce Department list in May that prohibits US companies from supplying it wit...

OPEC sees lower 2020 demand for its oil, points to surplus

For example, although US crude inventories have decreased for four consecutive weeks, according to the Energy Information Administration (thus implying that dem...

Teams Just Blew Past Slack, New Features Imminent

Teams Improvements Teams is getting a few upcoming improvements, according to Microsoft's Thursday announcement. The quantity rises to 19 million when taking a ...

Thomas Cook in rescue talks with China's Fosun

A Thomas Cook Airbus A321-200 airplane takes off at the airport in Palma de Mallorca, Spain, July 28, 2018. Fosun Group is considering taking control of ...

Reckitt Benckiser to pay $1.4bn fine over opioid treatment sales

Reckitt agreed to pay as much as US$1.4 billion to resolve the U.S. Department of Justice and the Federal Trade Commission probes, the maker of Durex condoms ...

United will scrap 8,000 flights due to grounded Boeing jets

The 737 MAX was grounded worldwide in March after an Ethiopian Airlines plane plunged to the ground soon after take-off, five months after a similar Lion Air fa...

China imports from US plunge 31% in June amid tariff war

Hope the U.S. will lift all sanctions on Huawei soon and respect the principle of equality". China brought in 6.51 million tonnes of soybeans in June, down ...

Woman receives 'marijuana' birthday cake after request for 'Moana' theme is misunderstood

According to Walker, her manager at the fast-food chain misheard Kensli Taylor Davis' mother, who placed the order, and thought she said " marijuana " instead...

Where To Get Free Fries On National French Fry Day

Read on for the exact details. Sheetz is offering one free bag of fries when you order on the Sheetz app . The only other thing you have to do to get y...

FTC Votes to Settle With Facebook for $5B

The agreement, which probably would include restrictions on Facebook , caps a lengthy investigation, the Wall Street Journal reports. Until the decision to...

Oil holds at seven-week high on gulf storm, USA stockpiles draw

Federal Reserve chairman Jerome Powell said there were risks that prices gains in the United States might persistently undershoot the central bank's inflati...