Economy

Ryanair makes latest changes to cabin baggage policy

Ryanair makes latest changes to cabin baggage policy

Ryanair is to introduce charges for passengers who fly with a small suitcase. It said it expects most customers to switch to priority boarding as this allows passengers to bring two free bags into ...

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SEC says no to nine Bitcoin ETFs for failing to meet requirements

SEC says no to nine Bitcoin ETFs for failing to meet requirements

ETF provider Direxion proposed to list and trade five bitcoin ETFs, while GraniteShares and ProShare presented two each, all of which were rejected by the SEC . Anticipation of the decision w...

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Alibaba revenue beats, but investments prolong margin squeeze

Alibaba revenue beats, but investments prolong margin squeeze

Even though it is still -22.92% behind the $211.7 high touched on 2018-06-05. BABA stock is now showing upward return of 0.14% throughout last week and witnessed declining return of -13.01% in one m...

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DNC changes superdelegate rules in presidential nomination process

DNC changes superdelegate rules in presidential nomination process

Earlier, Perez called for "a clear statement to people who share our values that we trust you and we're going to take some bold measures to earn your trust so you will join our party and join our figh...

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USA oil extends gains as crude inventories fall

USA oil extends gains as crude inventories fall

In the past month, the U.S. and India have held two rounds of talks, the most recent being on August 16; but clarity eludes both sides. "Thus the official inventory data this afternoon are also like...

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Trump congratulates new Australian PM after week of political chaos

Trump congratulates new Australian PM after week of political chaos

Morrison replaced Malcolm Turnbull, who resigned as the prime minister after 45 of the 85 Liberal Party Members of Parliament (MPs) voted to vacate the leadership at the meeting. Scott Morrison has vo...

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Huawei slams Australia 5G mobile network ban as ‘politically motivated’

Huawei slams Australia 5G mobile network ban as ‘politically motivated’

According to the Chinese vendor, the ban will create a non-competitive market and raise the cost of network construction. Similarly, China's Ministry of Commerce has said that Australia has made t...

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Trump Organization financial chief Weisselberg 'given immunity'

Trump Organization financial chief Weisselberg 'given immunity'

It was a bruising week for Trump, with a trio of men who are intimately familiar with his secrets and business dealings now cooperating with prosecutors. The president has made similar complaints re...

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Trump hints at making ‘a big trade agreement with Mexico’

Trump hints at making ‘a big trade agreement with Mexico’

Separately, Reuters reports that the U.S. has softened its stance on another key issue - a sunset clause . Nafta talks are poised to spill into next week, pushing up against the goal for a deal b...

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New facial recognition tech at U.S. airport leads to first arrest

New facial recognition tech at U.S. airport leads to first arrest

A further search found that the man had an authentic ID card in his shoe showing he was actually from the Republic of Congo, not France. The agency said it was the first time a passenger with fake t...

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SCOC to say if it will hear GTA housing case

SCOC to say if it will hear GTA housing case

Proponents of removing the restrictions say selling prices have always been available online in the United States and have actually stimulated home sales there while enabling innovation and improving ...

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Infiniti taunts us with another electric race auto we can't buy

Infiniti taunts us with another electric race auto we can't buy

Prototype 10 is designed as a "monoposto" or single-seat speedster, with a striking geometric form most evident in the 90-degree accord between the bodywork and the fin just behind the driver's head....

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Commonwealth Bank settles AU$110m blockchain bond

Commonwealth Bank settles AU$110m blockchain bond

In contrast to other similar pilots or prototypes powered by blockchain, the CBA insisted that Bondi marks the first occasion wherein a legally valid bond issuance - completely issued and managed on a...

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Prosecutors circling Trump's businesses after Cohen plea

Prosecutors circling Trump's businesses after Cohen plea

Mr. Trump has also denied having sex with the second woman, adult-film actress Stormy Daniels , whose real name is Stephanie Clifford. Trump expressed his irritation at Cohen, once steadfastly loya...

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AK-47 maker reveals CV-1 electric 'supercar'

AK-47 maker reveals CV-1 electric 'supercar'

The CV-1 would allow Kalashnikov to stand side-by-side with global electric vehicle manufacturers, The Guardian quoted the Kalashnikov press office as saying. However, the company says that, once de...

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Amazon employs people to tweet positively about warehouse conditions

Amazon employs people to tweet positively about warehouse conditions

Amazon assured the TechCrunch reporter Devin Coldewey that all FC ambassadors were real employees who have experience working in their fulfillment centres, but it's unclear whether social media advo...

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Aramco's failed IPO is a beginning not an end

Aramco's failed IPO is a beginning not an end

The kingdom planned to use the funds to expand its sovereign wealth fund, the Public Investment Fund, and underwrite the crown prince's Vision 2030, a blueprint to diversify the nation's economy. Saud...

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Nostrum Oil Gas Plc (LON:NOG) Rating Reconfirmed at Peel Hunt Today

The shares of the corporation went down by -6.36% during the previous month. Unlike passive investors, who invest in a stock when they believe in its potential for long-term appreciation, active inves...

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Fed chairman defends steady interest rate hikes

Fed chairman defends steady interest rate hikes

Since Trump took office, the Fed has raised rates five times, including twice this year under Powell . "If the strong growth in income and jobs continues, further gradual increases in the target ...

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Taxpayers in Scotland receive £1,600 per head more than the United Kingdom average

Taxpayers in Scotland receive £1,600 per head more than the United Kingdom average

In Scotland this was £13,530 per... However, this represents 7.9 per cent of GDP, compared with the 1.9 per cent recorded for the United Kingdom as a whole, and more than double the limit allowed by...

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Trump says ‘everybody would be very poor’ if he’s impeached

Trump says ‘everybody would be very poor’ if he’s impeached

Asked if he was considering such a move, Trump said only that he has "great respect for what he has done, in terms of what he has gone through". An immediate concern for Trump is Cohen's claim that ...

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Donald Trump warns his impeachment would cause USA economy to crash

Donald Trump warns his impeachment would cause USA economy to crash

It nearly ought to be outlawed. In the interview, Trump argued , incorrectly, that the hush-money payouts weren't "even a campaign violation" because he subsequently reimbursed Cohen for the paymen...

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Jackson Hole: Jerome Powell takes stage as Draghi, Kuroda sit it out

US dollar notes are seen in this November 7, 2016 picture illustration. In his remarks, Powell discussed the 1 percentage point decline in Fed policymakers' assessment of the natural rate of unemplo...

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Canada 'very encouraged' by progress on US-Mexican NAFTA talks: Freeland

Canada 'very encouraged' by progress on US-Mexican NAFTA talks: Freeland

Blunt said that the group shared the overall goals of the administration of strengthening auto manufacturing in the US and the creation of jobs and given how important NAFTA is for the USA industry, t...

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Credit Suisse explains freezing of Russian assets

Credit Suisse explains freezing of Russian assets

The bank said it had merely reclassified the money. Swiss bank Credit Suisse froze United States dollars 5 billion worth of Russia-related assets in in the second quarter of 2018 in response to ...

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Trump Won’t Acknowledge the Independence of the Fed

Trump Won’t Acknowledge the Independence of the Fed

With analysts expecting another United States interest rate increase in September, there is a possibility of disappointment. Key U.S. government debt yields slid to six-week lows on a flight to safe...

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S&P 500 hits record high on way to longest market rally

S&P 500 hits record high on way to longest market rally

For those believing today is a record-breaking one, March 9, 2009, was the start of the current bull market; therefore, today represents the 3,453 day of the advance. In order for the 1990 to 2000 bul...

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Sears closing 46 more stores

Sears closing 46 more stores

The company will continue to evaluate the performance of existing stores, which it said is a critical component to the firm's retail transformation. Sears Department Store is closing this fall at B...

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Cohen And Manafort Convictions Not About Russia, But Still Trouble For Trump

Cohen And Manafort Convictions Not About Russia, But Still Trouble For Trump

Elsewhere in the interview, Trump suggested that Cohen's legal trouble stemmed from his other businesses, including involvement with the New York City taxi cab industry. Cohen has said Trump illegal...

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Gold prices extend gains as dollar sags after Donald Trump remarks

Gold prices extend gains as dollar sags after Donald Trump remarks

US central bankers discussed raising interest rates soon to counter excessive economic strength but also examined how global trade disputes could batter businesses and households, minutes of the Feder...

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UK: Focus remains on Brexit talks - Rabobank

UK: Focus remains on Brexit talks - Rabobank

Fox said Britain's competitors were discussing wider global issues as he laid out a plan to make Britain a "21st century exporting superpower ". New measures include support for businesses lookin...

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Asian Markets Cautious on US-China Talks

Asian Markets Cautious on US-China Talks

While Beijing is unlikely to blink during Wednesday's talks, the United States administration remains split between China hawks and treasury officials. But it is unclear whether the talks will hav...

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Pixel 3 XL camera samples just leaked, and they look fantastic

Pixel 3 XL camera samples just leaked, and they look fantastic

The back of the device features a single camera lens and the signature Pixel mix of glass and brushed aluminium. The company claims that the Pixel 3 and 3 XL will not feature a double or triple came...

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Sonora Orchard Supply Hardware To Close

Sonora Orchard Supply Hardware To Close

Lowe's purchased the chain for $205 million in 2013 after the smaller San Jose-based home improvement store filed for Chapter 11 bankruptcy. Orchard Supply Hardware's parent company Lowe's announce...

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Rebels plot second strike on Malcolm Turnbull after leadership vote

Rebels plot second strike on Malcolm Turnbull after leadership vote

News Corp's The Australian today suggests Turnbull's challenger Peter Dutton has "displayed political cut-through" with a plan to exempt power bills from the GST. "It's been described by many peop...

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