Economy

Apple pulls Hong Kong app used by protesters after China warning

Apple pulls Hong Kong app used by protesters after China warning

Apple rejected the crowdsourcing app, HKmap.live, earlier this month but then reversed course last week. The tech firm said in their statement that they immediately began an investigation after "man...

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China open to partial trade deal despite tech blacklist

Led by Chinese Vice Premier Liu He and U.S. trade representative Robert Lighthizer, the meetings have been a source of anxiety for investors. Although some media reports suggested both sides are con...

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China plans to restrict visas for USA visitors with 'anti-China' links

China plans to restrict visas for USA visitors with 'anti-China' links

Japan's Nikkei slid 0.7 per cent, its biggest decline in a week. Indeed, US-China relations seem to have deteriorated further, with the US now citing Chinese human rights abuses, in addition to the ...

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FT: HSBC may slash up to 10,000 jobs to cut costs

FT: HSBC may slash up to 10,000 jobs to cut costs

He pointed to HSBC's appointment last month of banking veteran Philip Lee as its Singapore-based vice-chairman of global banking for South-east Asia - a newly created role. The bank has already el...

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China leads emerging economies in latest global competitiveness ranking: WEF report

China leads emerging economies in latest global competitiveness ranking: WEF report

Commenting on the ranking , the Hungarian finance ministry said the score is an acknowledgement of Hungarian economic policy which aims to further improve competitiveness while maintaining macroeco...

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China made no progress in deputy-level trade talks

China made no progress in deputy-level trade talks

White House denies it, this from a few minutes ago. "We are not aware of a change in the vice premier's travel plans at this time", a White House spokesman told CNBC. Any trade deal with China has t...

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Northern Ireland jobs 'could be saved' in Thomas Cook store purchase

Northern Ireland jobs 'could be saved' in Thomas Cook store purchase

Thomas Cook collapsed on September 23, leaving around 150,000 passengers stranded overseas. Hays has agreed to buy the entire high street portfolio of the broken travel firm from accountants managin...

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Zuckerberg to Testify Before Congress Regarding Libra Stablecoin

Zuckerberg to Testify Before Congress Regarding Libra Stablecoin

On Oct. 9, Congresswoman Maxine Waters officially announced that Zuckerberg will attend a congressional hearing entitled "An Examination of Facebook and Its Impact on the Financial Services and Hous...

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Apple Has to Pay Taxes in Every Country it Operates in

Apple Has to Pay Taxes in Every Country it Operates in

The Organisation for Economic Cooperation and Development (OECD) announced that in the future Apple and other companies will have to pay taxes in each country they sell products and services in (via ...

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Lavrov: US Syria Policies Full of Contradictions, Could 'Ignite' Whole Region

Lavrov: US Syria Policies Full of Contradictions, Could 'Ignite' Whole Region

We didn't respond to this unprovoked attack. "The Turkish military, together with the Free Syrian Army, will cross the Turkish-Syrian border shortly", Altun said in a tweet extracted from a colu...

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Very hard to secure Brexit deal by next week, says Irish PM

Very hard to secure Brexit deal by next week, says Irish PM

Varadkar was keen to stress, however, that while he would "certainly work until the very last moment" to secure a deal, it would not be at "any cost" to Ireland, Northern Ireland or the rest of Europ...

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Johnson & Johnson must pay $8 bn over drug side effect: jury

Johnson & Johnson must pay $8 bn over drug side effect: jury

In 2015, Murray had won $680,000 in compensatory damages over his claims. Murray's lawyers, Tom Kline and Jason Itkin said in a statement the "jury told Johnson & Johnson that its actions were del...

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Domino's Pizza CFO announces new $1 billion share buyback program

Domino's Pizza CFO announces new $1 billion share buyback program

Worldwide same-store sales were up 1.7%, but also missed forecasts of 2.9% growth. Argus dropped their price target on shares of Domino's Pizza from $310.00 to $280.00 and set a buy rating for the c...

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Effects Of Global Economic Slowdown

Effects Of Global Economic Slowdown "More Pronounced" In India

The global economy is now in a synchronized slowdown. "Global trade growth has come to a near standstill", she said. In her first speech , Georgieva referred to new research by the International...

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Producer prices decline 0.3% in September

Producer prices decline 0.3% in September

US wholesale prices unexpectedly sank in September. Producer prices were up 1.4% from September 2018, the smallest 12-month gain in nearly three years. Gasoline accounted for three quarters of the 0...

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Twitter says it used your 2FA info to advertise by accident

Twitter says it used your 2FA info to advertise by accident

The company issued a statement saying that the misuse of that information was a "mistake" and was "inadvertent". Twitter says it mistakenly used the phone numbers and email addresses people prov...

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China gold purchases top 100 tons amid trade war

China gold purchases top 100 tons amid trade war

Gold finding support ahead of US - China trade talks. US gold futures settled mostly unchanged at $1,503.9 an ounce. The White House confirmed U.S. They are now the world's biggest purchasers of t...

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DICK'S Sporting Goods destroys more than $5 million worth of assault rifles

DICK'S Sporting Goods destroys more than $5 million worth of assault rifles

Elaborating on why he eliminated the weapons that he elected not to sell, Stack added: "I said, 'You know what?" America's close ties with the right to bear arms has proven a hot topic for citizens ...

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Sassoli says 'no progress' made on Brexit deal after talks with Johnson

Sassoli says 'no progress' made on Brexit deal after talks with Johnson

Britain has been trying for more than three years to find a way to deliver on the result of a 2016 referendum and end its nearly five-decade involvement in the European project. Johnson, who took over...

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Chinese tech companies oppose US blacklisting

Chinese tech companies oppose US blacklisting

The United States has added eight Chinese technology companies to its Entity list , effectively banning them from trading with USA companies, for their alleged involvement in the repression of Uyghur...

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United States moved troops from northern Syria to 'ensure their safety', Pentagon says

United States moved troops from northern Syria to 'ensure their safety', Pentagon says

We speak with retired US Brigadier General Mark Kimmit , who says PKK militants will likely wait for Turkish soldiers to settle in northern Syria before launching attacks on Turkish forces. provi...

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Samsung predicts profit decline as chip market swoons

Samsung predicts profit decline as chip market swoons

In the earnings report Samsung state that operating profit will more than halve to £5.2 billion for the quarter, down from £11.9 billion in Q3 2018. The current US-China trade war is seen as somethi...

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The massive Euromillions jackpot of €190 million MUST be won tonight

The massive Euromillions jackpot of €190 million MUST be won tonight

The National Lottery is still waiting to hear from the lucky ticket-holder and has issued a fresh appeal to players in North County Dublin to check their tickets. The jackpot has rolled to a maximum f...

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Tether and Bitfinex decry expected

Tether and Bitfinex decry expected "meritless and mercenary" cryptocurrency market manipulation lawsuit

According to the, Tether minted 2.8 billion USDT from 2017 to 2018 and used the token to "flood the Bitfinex exchange and purchase other cryptocurrencies". Their liability to the putative class ...

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UK debt to increase to record level if no-deal Brexit

UK debt to increase to record level if no-deal Brexit

Industry group Dairy UK said the government is not doing enough to recognise the "real and imminent danger" of a no-deal to the sector. "A no-deal Brexit would likely require a fiscal short-term s...

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Brexit deal is

Brexit deal is "essentially impossible" ever, says Downing Street source

Riding a wave of British frustrations with the saga, Mr Johnson is threatening to leave at any cost - with or without a withdrawal deal - on October 31. Britain's Prime Minister Boris Johnson spea...

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Unilever Announces Major Plastic Reduction Plan

Unilever Announces Major Plastic Reduction Plan

The consumer goods giant expects to deliver a virgin plastic packaging footprint of no more than 350,000 tonnes by 2025 through this initiative. Procter & Gamble for instance announced in April to...

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GE freezes pensions for 20K, trimming up to $6B in debt

GE freezes pensions for 20K, trimming up to $6B in debt

The news sent the company's stock price up 2.6 percent. GE will not use any of its cash to fund the lump-sum payments, instead, using assets from the company's pension trust. A potential ruling will r...

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HSBC plans to slash 10,000 jobs to reduce costs

HSBC plans to slash 10,000 jobs to reduce costs

HSBC declined to comment on the FT report . According to them, the result will be a significant cut in HSBC staff, now numbering 238,000 employees. He pointed to HSBC's appointment last month of ban...

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UAW And GM Negotiations Take A

UAW And GM Negotiations Take A "Turn For The Worse"

GM has had to halt work at some of its other plants in Canada and Mexico due to the strike, idling almost 10,000 additional GM workers who are not part of the UAW. "These negotiations have taken a tu...

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Kroger to discontinue sale of e-cigarettes

Kroger to discontinue sale of e-cigarettes

The spokesperson says stores will stop selling e-cigarettes after selling through current inventory. The transfer comes because the U.S. Facilities for Illness Management and Prevention investigat...

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Bitcoin Dips Below $8,000 as Altcoins See Mixed Movements

Bitcoin Dips Below $8,000 as Altcoins See Mixed Movements

Bitcoin's price is now down by 1.83% on the day, trading at around $7,959, according to Coin360. Although Bitcoin is now forming a bullish reversal formation on its 12-hour candle chart, other analy...

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Fears over future of PizzaExpress amid 'talks over £1billion debt'

Fears over future of PizzaExpress amid 'talks over £1billion debt'

The pizza chain is reportedly seeking financial advice as it prepares for crisis talks over a large amount of debt. Bondholders have also reportedly hired advisers to assist them in the discussions. O...

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Aston Martin DBS GT Zagato: 760bhp special revealed

Aston Martin DBS GT Zagato: 760bhp special revealed

The British automaker and 100-year-old Italian coachbuilder and design house unveiled the second part of their most recent partnership-the DBS GT Zagato . Performance figures have not been disclosed....

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Someone in Ireland is over €2.5 million richer after Friday's Euromillions draw

Someone in Ireland is over €2.5 million richer after Friday's Euromillions draw

It's after someone in the capital won two and a half million in last night's Euromillions draw. The overall jackpot of 190 million euro still hasn't been won. Those numbers were 15, 43, 44, 46, an...

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