Money

SBI Leads $16.75 Million Funding Round Of CoolBitX

MORE NEWS THIS CATEGORIES

Amazon has 150 million Prime members now

With 150 million Prime members, Amazon is within shouting distance of Netflix, which reported 161.7 million paid subscribers as of the end of 2019. The mile...

United States economic growth slowed in 2019, hit by trade wars

President Trump had predicted that the economy would grow by three percent or more thanks largely to a $1.5 trillion dollar tax cut package that his fellow Re...

China virus death toll rises to 170, more than 1,700 new cases

More than 90% percent of those cases, and all of the deaths, occurred in China . The epidemiologist further praised eight Wuhan citizens who were reprimand...

Federal Reserve sounds warning on 'very serious' coronavirus as growth fears mount

J.P. Morgan economists on Thursday said a big negative shock in the current quarter could knock China's growth from a previously-forecast 6.3% to 4.9%, for a ...

"Pharma-Scammer" Martin Shkreli Sued For Price Fixing Life-Saving Drug

The former Turing Pharmaceuticals CEO, Martin Shkreli , is now being housed at the Federal Corrections Complex in Allenwood, PA on a seven-year sentence after ...

Coronavirus prompts McDonald's to widen store closures across Chinese province of Hubei

Ryan estimated the death rate of the new virus at 2%, but said the figure was very preliminary. The fast food chain said it had shut about 300 restaurants a...

Tesla Beats Earnings in Q4, Expects to Deliver 500K Units in 2020

Tesla also announced that the Model Y's EPA range has been increased to 315 miles from 280 miles. "As a result, we were able to start Model 3 production in Giga...

British Airways suspends China flights over coronavirus outbreak

As a proportion of its overall seat capacity to China, the airline described the cancellations as "very small". Other airlines including Singapore Airlines ...

Boeing posts first annual loss since 1997 as Max costs rise

Boeing is still wrestling with the reputational and financial issues caused by two crashes involving the 737 Max , which killed 346 people. Looking ahead, the...

U.S. evacuees land at SoCal military base as coronavirus expands in China

The majority of the 200 seats on board the flight went to private citizens, with less than a quarter needed for USA personnel and their families. The agency ...

In a Rare Defeat, Buffett, Berkshire Call it Quits on Newspapers

Newspapers make up a small part of Berkshire Hathaway, which owns an assortment of more than 90 companies and holds major investments in companies like Coca-Col...

United Airlines suspending flights to China as coronavirus outbreak continues

Economic reasons are also forcing some airlines to consider suspending flights. Authorities said on Wednesday the death toll from coronavirus in mainland Chin...

Coronavirus: United Airlines cancels some China flights over virus fears

As of Tuesday, some 106 people have died from coronavirus while thousands of others have been sickened worldwide. The news comes after a patient at Duke Uni...

Apple stock rises on stronger-than-expected iPhone sales

Shares of Apple , which have increased about 8% in the weeks leading up to the announcement of its fiscal-first-quarter results, were up about $US4, or 1.29%, ...

This Coquitlam councillor is also an Uber driver

Councillor Jack Hundial said council did not receive a copy of the notice but he confirmed the news with city staff. When he told her that he was, two uniform...

Boeing 777X completes maiden test flight

At last some good news for Boeing as the company's new 777X took to the skies yesterday, for the first time to enter the next phase of its rigorous test progr...

GM's Detroit-Hamtramck Plant Revived as Massive Electric Car and Truck Factory

General Motors (GM) will invest $2.2 billion to produce electric and self-driving cars at its Detroit-Hamtramck plant in MI, the company announced Monday. "We ...

Air India along with Air India Express great asset: Hardeep Singh Puri

More importantly, the committee had okayed all proposals, including the transfer of Air India's debt of around Rs 60,000 crore to the special goal vehicle. Ac...

Uber and Lyft can now start operating in BC

It's a sentiment echoed by James Su, who expects he'll average about $300 per day. "So, I wanted to be ahead of the game". "The review process is taking time ...

U.S. will broaden the ban on Huawei in 2020

A Commerce Department spokesman said the department will make an announcement when it is ready. Presently, the United States companies have been given per...

Tesco to stop using plastic-wrap for multipack tins in stores

Instead of holding four cans of beans together with plastic, it'll only sell tins individually from now on, encouraging users to buy four of them for a discount...

He Won His Discrimination Suit, Then Tried to Cash the Check

According to Wennerberg, Thomas wanted to deposit the two larger checks in his bank account, which, Wennerberg said, had only 52 cents in it. The assistant ba...

UK Private Sector Returns To Growth In January

IHS Markit said the pickup was due to growth in the services sector. A survey of USA companies showed the growth of business activity accelerated in the ne...

Oil plunges as coronavirus outbreak threatens demand

China is the world's second-largest oil consumer so any slowdown in travel would show up on demand forecasts. Offering support for prices was news that USA c...

Coronavirus outbreak: Hong Kong declares virus emergency as 41 die in China

As of Saturday, nearly 1,300 people have been infected across China, the bulk of them in and around Wuhan. A doctor treating victims infected with the corona...

Coronavirus outbreak: Virus to 'spread with rapid increases' experts warn

Macau , a gambling hub hugely popular with mainland tourists, has confirmed two cases . Airports across the nation have set up checkpoints to screen passenge...

First Australian Case Of Coronavirus Confirmed, Several Others Being Tested

Some experts believe the virus is not as unsafe as the one that caused the 2002-03 outbreak of Severe Acute Respiratory Syndrome (SARS), which also began in ...

Europe's negative rates under scrutiny as bankers call for change

The ECB is expected to spend the next year evaluating the tools it uses to maintain stable prices, including interest rates and bond purchases. Negative inter...

European Union signs off on Brexit Withdrawal Agreement

This will be the last step to formalize the split on the European side, after Britain's Queen Elizabeth II gave royal assent to withdrawal legislation earli...

41 dead from China coronavirus, 1300 cases

Meanwhile, China has shut part of the Great Wall and suspended public transport in 10 cities, stranding millions of people at the start of the Lunar New Year ...

Boris Johnson's Withdrawal Agreement Bill signed by European Commission

The British government's Brexit bill became law Thursday after Queen Elizabeth II gave it her royal assent, paving the way for Britain's exit from the Eu...

Canada to unveil legislation to ratify USMCA deal on Jan 29 -Trudeau

The main opposition Conservative Party, which complained the Liberals had not answered earlier questions about the USMCA, said it wanted to examine what it call...

China coronavirus: Patients in Scotland tested for coronavirus

The US , Japan, South Korea, Thailand and Taiwan have all confirmed cases, while four suspected sufferers are being tested in Scotland. The Mexican professo...

Greta Thunberg says climate demands 'completely ignored' at Davos

But she has also drawn the ire of the U.S. president who hit out at the "prophets of doom" in his own speech this week, while Treasury secretary Steve Mnuchin s...

Mnuchin uses auto tariff threats as leverage over digital taxes

In what was ostensibly a veiled threat aimed at his United Kingdom counterpart, the USA treasury secretary warned that if his country's digital companies face "...