Economy

Trump trade agreement benefits SD ranchers and farmers

Japan's Prime Minister Shinzo Abe shakes hands with U.S. President Donald Trump after signing a joint statement on trade during a bilateral meeting on the sidelines of the 74th session of the United...

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EBay's chief executive Devin Wenig steps down

EBay's chief executive Devin Wenig steps down

In what has been a surprising day of CEO movement, Devin Wenig is stepping down at eBay, marking a transition for the online retail giant. Scott Schenkel, EBay's chief financial officer, was appoi...

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China not interested in playing ‘Game of Thrones’ with Washington, Beijing says

China not interested in playing ‘Game of Thrones’ with Washington, Beijing says

But Geng said the "US should meet China at halfway" and called for the two countries to "handle and control their differences on the basis of mutual respect". Wang Yi told an event organised by th...

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$150 million credit for Pacific island nations

$150 million credit for Pacific island nations

What else could be state terrorism?" "Disappointed" with the lack of response from the worldwide community over the Kashmir dispute between Pakistan and India, Pakistani Prime Minister Imran Khan qu...

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Democrats take up impeachment drive, say Trump betrayed oath

Democrats take up impeachment drive, say Trump betrayed oath

Pelosi would appear to have enough votes in the Democratic-led House to move on to actual impeachment proceedings, although many of her fellow party members have also expressed caution about such a dr...

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Altria-Philip Morris merger torpedoed by Juul crackdown

Altria-Philip Morris merger torpedoed by Juul crackdown

In related news, Altria said that its senior vice president K.C. Crosthwaite would be leaving the company to take over as CEO of Juul, the controversial vaping company that Altria bought a almost 35...

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Gold prices today: Gold steady on U.S. political uncertainty

Gold prices today: Gold steady on U.S. political uncertainty

Over the weekend, the US Trade Representative's office issued a statement characterising two days of talks with China as "productive". Adding to tensions were uncertainty surrounding planned high-leve...

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Asian stocks flat, US futures rise on trade hopes

Asian stocks flat, US futures rise on trade hopes

The S&P 500 notched a 2.8% gain the first week of the month, but is now on track for a gain of 1.4%. Shares are reduce at midday on Wall Avenue Tuesday as a sharp fall in a examining on US purchas...

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Germany Could Give Financial Aid To Condor Airline After Thomas Cook Collapse

Germany Could Give Financial Aid To Condor Airline After Thomas Cook Collapse

Condor flights will continue its flight operations despite the fact that its parent company Thomas Cook Group plc has filed for insolvency. Labour union Verdi said it supported the application. Arou...

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WhatsApp rival Kik shuts app amid legal battle with United States authorities

WhatsApp rival Kik shuts app amid legal battle with United States authorities

Kik Interactive , the Ontario-based startup behind popular mobile messaging app Kik , is considering shutting down the app, according to a report by local media outlet Calcalist. In its response, ...

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More than a third of United Kingdom bank branches have closed since 2015

More than a third of United Kingdom bank branches have closed since 2015

Eleven of these branches - all in Scotland - open for just one day a week, while 45 branches nationwide open for just two days per week. ICICI Bank on Monday announced a major expansion of branch ...

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US home prices rise at slowest pace in 7 years

US home prices rise at slowest pace in 7 years

New York, NY, September 24, 2019-Home prices posted a 3.2% annual gain in July, remaining the same from the previous month, according to the S&P CoreLogic Case-Shiller U.S. Existing home sales rose...

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U.S. 'locked and loaded' in wake of Saudi oil field attacks

U.S. 'locked and loaded' in wake of Saudi oil field attacks

On Twitter , Pompeo accused Iran of committing "nearly 100 attacks" on a Saudi oilfield and refinery. Iran, meanwhile, called Washington's claims " maximum lies ", while a commander in its para...

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RBI puts restrictions on PMC Bank for 6 months

RBI puts restrictions on PMC Bank for 6 months

Thousands of depositors rushed to the Punjab and Maharashtra Cooperative Bank's headquarter in Bhandup, Mumbai to make a last-ditch attempt to withdraw money before the order came into effect. Wit...

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BlackBerry tumbles after missing second-quarter estimates

Raymond James analyst Steven Li agreed and said that BlackBerry's enterprise software group "significantly underperformed" during its fiscal second quarter. Non-GAAP revenue by segment: IoT $134M vs. ...

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Volkswagen bosses charged in Germany over diesel emissions scandal

Volkswagen bosses charged in Germany over diesel emissions scandal

Volkswagen Group boss Herbert Diess is among a number of current and former executives from the firm who have been charged with stock market manipulation in relation to Dieselgate by German prosecutor...

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US Pres. Trump: US is seeking justice regarding trade with china

US Pres. Trump: US is seeking justice regarding trade with china

Trump says the US and India are close to signing a trade agreement that would set the stage for a more comprehensive deal down the road. He called on Congress to pass his rewrite of the 1990s-era No...

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CIMB signs UN Principles for Responsible Banking

CIMB signs UN Principles for Responsible Banking

By signing the Principles, Access Bank is demonstrating its commitment towards using its products and services to support and accelerate positive changes in both local and global economies as well as ...

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German Ifo Improves Slightly In September, Outlook Remains Dull

German Ifo Improves Slightly In September, Outlook Remains Dull

Much of the German economy's fortunes are tied up in factors beyond its control: mainly weaker global growth, developments in the U.S. Analysts said the data did little to dispel fears Germany has ent...

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General Motors furloughs 1,225 more workers as strike enters 2nd week

General Motors furloughs 1,225 more workers as strike enters 2nd week

The number of job losses at the companies that supply the GM plants is not clear, but could top 4,000 as the strike drags on and the economic damage spreads. for the foreseeable future", David Paterso...

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WeWork's Neumann to step down as CEO, give up control

WeWork's Neumann to step down as CEO, give up control

WeWork will immediately start a search for a new permanent CEO. Members of WeWork's board have been pressuring Neumann in recent days to step aside and take a new role as non-executive chairman. Mr ...

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Petrol price spikes to Rs 73.91 in Delhi

Petrol price spikes to Rs 73.91 in Delhi

In Delhi , the petrol prices increased by 22 paise to Rs 74.13 per litre from Rs 73.91 on September 23. The respective increase in diesel price in the two cities was 14 paise and 15 paise, to keep ...

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Japan Market shuts for holiday

Japan Market shuts for holiday

South Korea's Kospi was a touch weaker after disappointing trade data, while Japan's Nikkei was closed for a holiday. That left MSCI's broadest index of Asia-Pacific shares outside Japan up 0.5% a...

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Nestlé launches luxury KitKat bars in the United Kingdom - but they’re not cheap

Nestlé launches luxury KitKat bars in the United Kingdom - but they’re not cheap

Nestle is launching a deluxe, customizable version of its popular KitKat bar. "These are luxury, handcrafted chocolates and I think it will positively surprise people how far you can stretch this br...

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Hong Kong protesters vandalize subway station

While the Hong Kong government announced on September 4 that it would formally withdraw the bill, many continue to call for the government to respond to their other demands, first raised in June. ...

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Nissan, Carlos Ghosn fined by USA authorities for hiding pay

Nissan, Carlos Ghosn fined by USA authorities for hiding pay

Ghosn was arrested in Japan and fired by Nissan previous year. Attorneys for Ghosn welcomed the deal, saying it allowed him to focus on fighting similar allegations in Japan. The company now has a...

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Travel company Thomas Cook collapses, stranding hundreds of thousands

Travel company Thomas Cook collapses, stranding hundreds of thousands

The company was the NFL's "officially approved travel partner" and advertised ticket and hotel breaks for the games at Wembley and the Tottenham Hotspur Stadium. Greek tourism minister Haris Theoharis...

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After federal break, Apple will keep Mac Pro made in the USA

After federal break, Apple will keep Mac Pro made in the USA

Apple has now confirmed it will indeed manufacture the new Mac Pro in Austin, Texas , using the same facilities that it used to make the older Mac Pros. Cook also said in a statement that Apple "than...

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Some WeWork directors considering removal of Adam Neumann as CEO

Some WeWork directors considering removal of Adam Neumann as CEO

Japanese conglomerate SoftBank Group reportedly wants to oust Adam Neumann as the CEO of WeWork, a USA firm that provides shared workspaces for startups. Still, even if some directors want to oust Neu...

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Oil gains on Saudi supply doubts, Mideast tensions

Oil gains on Saudi supply doubts, Mideast tensions

Speaking on board an RAF Voyager jet on the way to the United Nations General Assembly in New York, Mr Johnson gave the UK's first attribution of blame. British Prime Minister Boris Johnson on Sunday...

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Thousands stranded overseas as Thomas Cook collapses

Thousands stranded overseas as Thomas Cook collapses

The closure puts at risk 21,000 jobs, including 9,000 in Britain. The CAA said the Government had asked it to launch a repatriation programme over the next two weeks, starting on Monday and running ...

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CME to start offering options on bitcoin futures early next year

CME to start offering options on bitcoin futures early next year

When the news was announced , we noticed a decline in the Bitcoin price, but the bulls were able to recover the loss. While the Chicago Mercantile Exchange and the Chicago Board Options Exchange ...

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Jeff Bezos Pledges Amazon To Meet Paris Climate Goals 10 Years Early

Jeff Bezos Pledges Amazon To Meet Paris Climate Goals 10 Years Early

Reaching the net zero carbon emission goal means Amazon can technically still rely on fossil fuels by 2040 -as long as the company is offsetting the carbon emission in other ways. So, Alina, before ...

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United Kingdom travel giant Thomas Cook collapses, stranding tourists

United Kingdom travel giant Thomas Cook collapses, stranding tourists

Thomas Cook-owned Condor confirmed that its flights are continuing to operate normally despite its parent company entering liquidation and has applied for a transitional loan. The world's oldest t...

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Petrol prices rise Rs1.59/litre diesel Rs1.31/litre after Saudi attacks

Petrol prices rise Rs1.59/litre diesel Rs1.31/litre after Saudi attacks

After 5-paisa hike on September 15, the prices were kept unchanged the next day. A recent report by Kotak said that in light of the sharp rise in worldwide crude oil prices , Indian oil marketing c...

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