Money

No jury as Hong Kong's first 'national security' trial gets under way

MORE NEWS THIS CATEGORIES

Iran denies United States claims about Saudi Aramco attacks

But US Secretary of State Mike Pompeo said there was "no evidence" for the claim. Pompeo's remarks came amid rising tensions between Washington and Tehran...

GM Corvette Assembly Plant workers strike

Before the talks broke off, GM offered new products to replace work at two of four USA factories that it intends to close. UAW leaders and members are suppo...

Over Half of Saudi Arabia's Oil Produce Cut After Drone Attacks

While most eyes are focused on the attack's impact on oil prices, some traders were already calculating its influence on the global economy should prices rema...

Saudis race to restore oil output after Aramco attacks

There would be worries that the global oil supply is more insecure and that more attacks may be coming. Smoke fills the sky at the Abqaiq oil processing facil...

Won't Rule Out Trump-Rouhani Meeting After Blaming Iran for Saudi Attacks

Aramco gave no timeline for output resumption. It is an extraordinary charge to make, that Iran used missiles and drones to attack its neighbor and rival...

Trump Authorizes Release of Oil from US Strategic Reserve

Attacks on Saudi Arabia's oil facilities may impact Aramco's valuation but are unlikely to derail the kingdom's plan to sell shares in the oil giant, accordin...

GM recalls 3.5 million U.S. vehicles due to braking issue

General Motors is recalling almost 3.8 million large pickup trucks and SUVs in Canada and the US due to a problem with the brakes. Affected models incl...

No-deal Brexit legal challenge dismissed by Belfast judge

The government rejected that argument during two days of legal proceedings in Belfast High Court, PA reported. Delivering the judgment, McCloskey said: "Vir...

European Central Bank cuts key rate, approves new round of bond purchases

On top of the rates and bond-buying moves, policymakers also agreed a "tiering" system to spare some of banks' deposits the harshest negative rates, after years...

CPI inflation steady at 3.2% in August 2019

On IIP, Devendra Kumar Pant, Chief Economist, India Ratings and Research, said: "July 2019 IIP growth increased to two-month high of 4.3 per cent". A measure ...

Oil Prices Rise on Positive Trade Development, Falling Crude Stockpiles

US crude stocks have fallen almost 22 million barrels in a span of just three weeks, with the draws coming unusually at the tail end of summer, when driving act...

Watch Tesla's Model S set a record lap at Laguna Seca

A similar prototype managed to break the record for the fastest four-door sedan around Laguna Seca, beating the Jaguar XE SV Project 8 by almost a second with...

Trump Delays China Tariff Increase as Trade Talks Approach

Trump said the request was made "due to the fact that the People's Republic of China will be celebrating their 70th Anniversary " on October 1. Further round...

Oil hits six-week high on hopes of extended OPEC cuts

Prince Abdulaziz also alluded to the sense that Saudi Arabia is shouldering the burden of production cuts, while other nations - notably Nigeria and Iraq - are ...

"Very Dangerous": Trump Warns Iran But Doesn't Rule Out Lifting Sanctions

While that seems definitive, he also said apparently said "If agreements with Europe are finalised, we are ready to return to our JCPOA obligations and Iran and...

China Unveils Tariff Exemption Lists for US Imports - Full Lists Included

The exemptions will be effective from September 17 to September 16, 2020. China said it will open the third tranche of tariffs up for exemption requests lat...

Does Trump Have a 94 Percent Approval Rating with Republicans?

Trump is handling his job in the ABC News-Washington Post survey . The health of the U.S. economy is one of the central themes of Trump's campaign for r...

CA Bill Passes Allowing College Athletes to Profit from Endorsements

Supporters say the bill will help tenants stay in their homes while the state rushes to build new housing to meet the state's outsized demand. Gov. Gavin News...

Hong Kong Exchanges makes £29.6bn bid for LSE

HKEX says the combination would create a leading market infrastructure group with a global footprint and, crucially, close ties to China. The LSE announced in...

FM Nirmala Sitharaman's explanation for auto slowdown: Millennials prefer Ola, Uber

The FM, while speaking to the media here on 100 days of the Modi government 2.0, said, "We are conscious that we need to respond". Auto sales have been grim...

Tesla Safety Under Fire As Video Shows Driver Asleep While On Autopilot

The video now going viral shows a woman in the passenger seat of a Tesla as it hurtles down a highway, head thrown back, dead asleep, probably drooling. The s...

Labour plots Brexit betrayal referendum: Tom Watson declares vote 'no longer valid'

Speaking at Somerset House in central London , Mr Watson will say: 'The only way to break the Brexit deadlock once and for all is a public vote in a referendum...

Wendy's To Launch A Breakfast Menu Next Year

To support the move to breakfast, Wendy's said the company and its local franchisees plan to hire around 20,000 new crew members across the country. Next year...

SoftBank urges WeWork to shelve IPO over valuation concerns: FT

The We Company , WeWork's parent company, has been trying hard in recent times to raise its flotation between $3bn and $4bn. However, it pointed out that some...

Juul warned over claims e-cigarette safer than smoking

Krishnamoorthi's letter followed a two-day hearing in July, after which the committee concluded that " JUUL appears to be violating FDA regulations against m...

Huawei drops lawsuit against U.S. over seized equipment - court filing

The UNITED STATE federal government has likewise lobbied various other federal government to outlaw Huawei tools, as well as prohibited business from provid...

Jack Ma Officially Retires as Alibaba Chairman

However, Ma will not cut all ties with the company he turned into a $462 billion e-commerce giant from its modest beginnings as a small start-up in his apartmen...

Google: 50 U.S. states and territories launch competition probe

Google and its subsidiary YouTube were fined a record $ 170 million to settle allegations by the Federal Trade Commission and the New York Attorney Genera...

China's August CPI Rose 2.8% as Pork Prices Surge

The prices Chinese firms pay factories for their goods fell last month at the fastest pace in three years, official data showed Tuesday, as slackening demand an...

Volkswagen unveils its first ID electric car, and it's reasonably priced

All told, it is investing about 11 billion euros, or $12.1 billion in the effort, part of its "goTOzero" strategy. Under the hood, Volkswagen's ID.3 is not ...

Fed chair Powell repeats vow to act 'as appropriate'

When the Fed met in late July, it agreed to implement its first rate cut in 10-and-a-half years. "The labor market continues to be the strongest point of data...

African American jobless rate hit record low in August

Federal Reserve Chairman Jerome Powell said Friday that the FOMC's pivot this year to lower interest rates has helped sustain USA economic growth. Those wer...

Windsor’s unemployment rate increases slightly

The strength of the city's job market appears even more dramatic when looking at the employment rate , the percentage of people employed out of the total adult...

Bugatti will release its fastest ever supercar

Yes, again. There's a few minor caveats to the claim - it didn't meet the minutiae of the record requirements (for good reasons) and it's not really a productio...

Apple, Foxconn say they overly relied on temporary workers in China

In a positive for those looking to purchase Apple's latest iPhone offering, Techradar.com has argued that it expects that latest iPhones will be comparably pr...