Economy

Massive gold-encrusted rocks worth millions found in Australia

Massive gold-encrusted rocks worth millions found in Australia

The coarse high-grade gold included around 190kg of specimen stone, including a 95kg specimen stone containing an estimated 2440oz and a 63kg stone containing roughly 1620oz. "It's generally an exciti...

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China’s Alibaba & Russian tech firm Mail.ru announce partnership

China’s Alibaba & Russian tech firm Mail.ru announce partnership

E-commerce has grown rapidly in Russian Federation in recent years, spurred by improved internet access, with turnover exceeding $14 billion last year, one third of which were cross-border deals, acco...

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Experts claim working week should be slashed to just FOUR days

Experts claim working week should be slashed to just FOUR days

Government and business estimate that new technologies - like AI and robotics - could boost UK GDP by at least £200bn in the next decade. A union reckons that the United Kingdom working week shoul...

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Trump lies about Obama

Asked to clarify Trump's tweet about that, Hassett smiled and said: "I'don't know". President Trump has spent a good part of the morning tweeting about the economy, while his surrogates, espec...

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Ford fights back against council-downsizing ruling

Ford fights back against council-downsizing ruling

Justice Edward Belobaba found Bill 5 to be a breach of the Charter and not justified. "The province has exclusive responsibility over municipalities", Ford said in a statement issued Monday afternoon....

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Alibaba's Jack Ma to Step Down in a Year

Alibaba's Jack Ma to Step Down in a Year

Ma will continue as executive chairman of the company over the next 12 months to ensure a smooth transition of the chairmanship and will continue as a member of Alibaba Group's board of directors un...

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Yet another low for rupee, now hits 72.18 against USA dollar

Yet another low for rupee, now hits 72.18 against USA dollar

The rupee had earlier hit a record low of 72.11 on September 6. Besides, dollar's weakness against some currencies overseas including the euro also supported the rupee, dealers said. According to th...

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Ford rules out building Focus Active in US

Ford rules out building Focus Active in US

Automakers like to run plants on at least two shifts, and preferably three per day to cover the cost of building and equipping the factory, and to turn a profit. Last Wednesday, Apple sent a letter ...

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Chrystia Freeland to resume NAFTA negotiations with U.S.

After emerging from her meeting with Lighthizer on Friday, Freeland said the negotiations had entered a "very intense" phase, during which officials have been meeting "24-7". The U.S. and Canada met f...

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White House Corrects Trump’s Tweet on GDP, Unemployment

Economic data show this circumstance last occurred in early 2006, or about 12 years ago. But Trump still hadn't changed his false tweet as of Monday night. But Obama was actually talking about boo...

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Man mass e-mails Nicoles at University of Calgary to make love connection

Man mass e-mails Nicoles at University of Calgary to make love connection

Now, the Nicoles have a Facebook group - " Nicole from Last Night " - and are banding together to make friends and attempt to find the actual Nicole in question. "I thought it was amusing", he said. "...

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China promises to retaliate if USA imposes more tariffs

China promises to retaliate if USA imposes more tariffs

Today, however, apart from contradicting Trump, Ford said that it would be adding hybrids, trucks, electric models, and utility vehicles to its US lineup, in an effort to hit the 10 profit percent mar...

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Kerala comes to a standstill on Bharat Bandh day

Kerala comes to a standstill on Bharat Bandh day

Offices, schools and colleges in the national capital opened at regular time despite the ' Bharat Bandh' called by the Congress to protest against the hike in petrol and diesel prices . The cut w...

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China promises retaliation if USA imposes more tariffs

In a tweet earlier Sunday, Trump cited an August 31 announcement from the company that said it had canceled plans to sell the Chinese-built Focus Active in the U.S. Beyond the core products, Apple s...

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Increasing Continuously Fuel prices reach new high

Increasing Continuously Fuel prices reach new high

Opposition parties have called for a nation-wide " Bharat Bandh " on Monday (September 10) to protest against the spiralling fuel prices. A similar hike was seen in the case of diesel, now retailing...

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New York subway station buried by 9/11 open again

New York subway station buried by 9/11 open again

The Metropolitan Transportation Authority, which runs the city's subway system, unveiled the reconstructed station on Saturday, just three days before the anniversary of the attack. The station, which...

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City Council signs off on one-year pilot program for e-scooters

City Council signs off on one-year pilot program for e-scooters

The scooters will be made available each day starting at 6AM but won't offered after 8PM. The cost starts at $1 and charges 20 cents for every minute after that. The rules passed by the Council Tues...

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Alibaba founder Jack Ma to step down as chairman in September 2019

Alibaba founder Jack Ma to step down as chairman in September 2019

Zhang, 46, has been in the job since 2015 after serving as the company's chief operating officer. "This transition demonstrates that Alibaba has stepped up to the next level of corporate governance...

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Trump’s tariffs would make Apple gear more expensive

Trump’s tariffs would make Apple gear more expensive

Analysts do not see any resolution of the trade dispute until after the United States has its mid-term election on Nov 6 and, possibly, until early next year. It did not mention the iPhone. Many A...

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Tesla Stock Dropped As Elon Musk (Apparently) Smoked Up

Tesla Stock Dropped As Elon Musk (Apparently) Smoked Up

Rogan found Musk's response dubious. "I've thought about this quite a lot", Musk said of his electric aircraft idea. "You probably can't do this because of stockholders, right?", Rogan asked, to...

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BC adds 9900 jobs in August

BC adds 9900 jobs in August

Windsor's rate is now tenth highest among 34 larger Canadian cities. Red Deer's unemployment rate in August 2017 was 5.6 per cent. Economists had expected an increase of 5,000 jobs for August an...

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CBS CEO Les Moonves Accused of Sex Crimes, Violence By More Women

CBS CEO Les Moonves Accused of Sex Crimes, Violence By More Women

Later, she claims, Moonves grabbed her and threw her against the wall over a misunderstanding over an unsent memo. Then on Sunday, the New Yorker published claims against Moonves by six more wome...

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Venezuela's neighbours seek aid to grapple with migration crisis

Venezuela's neighbours seek aid to grapple with migration crisis

Venezuelans who immigrate "are highly vulnerable to human trafficking, the smuggling of migrants, labor exploitation, lack of access to social security, extortion, violence, sexual abuse, recruitment ...

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World's largest offshore wind farm opens in Irish Sea

World's largest offshore wind farm opens in Irish Sea

The opening ceremony, which was held on Thursday in Barrow in the north-west of England, officially commissions the 87 wind turbines - made up of forty 7MW wind turbines supplied by Siemens Gamesa , ...

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Obama tells off Trump and Republicans for abuses of power

Obama tells off Trump and Republicans for abuses of power

Mr Obama called on people to vote in America's midterm November election , saying "our democracy depends on it". "Just a glance at recent headlines should tell you that this moment really is di...

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Petrol Price Above Rs 80 In Delhi, Diesel Costliest Ever

Seeking the government's immediate intervention, the body said its units have made a decision to stage protests across districts. Petrol prices crossed Rs 80 a litre in New Delhi at Saturday to ...

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Ofgem announces energy price cap plan

Ofgem announces energy price cap plan

The provisional cap will be confirmed next month and take effect at the end of December. The company's ambition is to reduce that further to 3 million by the end of the year. This, Ofgem says, will en...

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Goldman Sachs Has Dropped Plans for Crypto Trading Desk

Goldman Sachs Has Dropped Plans for Crypto Trading Desk

From Goldman Sachs delaying its trading desk, delay of Bitcoin ETF , China FUD , and India's ban - Nothing has full control on the crypto industry, and has nothing to do with the sharp decline o...

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Counter-terrorism police join investigation into United Kingdom knife attack

Counter-terrorism police join investigation into United Kingdom knife attack

They said one man had suffered minor injuries after reports of a stabbing in the town centre. A man who works in a shop in the Barnsley Interchange said: 'We saw all the police running round'. A soc...

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2 million Ford F-150s being recalled due to potential fire risk

2 million Ford F-150s being recalled due to potential fire risk

Pretensioners hold the seat belt tight when sensors detect a sudden deceleration, as occurs in a crash. The pretensioner is a component attached to the base of a seatbelt clip. Federal safety regulato...

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Ford Mustang-inspired 'Mach 1' electric SUV teased in first image

Ford Mustang-inspired 'Mach 1' electric SUV teased in first image

The automaker says the still-unnamed model will aim for 300 miles of electric range when it debuts in 2020, establishing a clear intent to take on the current king of the all-electric SUVs, the Tesla ...

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As Ladson Mercedes-Benz plant expands, Amazon orders 20000 new vans

As Ladson Mercedes-Benz plant expands, Amazon orders 20000 new vans

The vans will, however, be emblazoned with Amazon's branding and blue Prime logo. An Amazon spokesperson told The Wall Street Journal the company received "tens of thousands" of applications for...

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Grande opening: Milan gets Italy's first Starbucks

Grande opening: Milan gets Italy's first Starbucks

In a Thursday morning interview with the NY crew of " CBS This Morning ", that question was posed to Schultz while he stood inside the Milan roastery which he called the "Willy Wonka" of coffeehouse...

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Trump fires back at Apple: Make your products in US

In a letter to the USA trade representative Robert Lighthizer, the company said tariffs would affect the Apple Watch , AirPod headphones and Apple Pencil among other products. The company said that...

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Trump Ready to Tax an Additional $267B in Chinese Imports

Trump Ready to Tax an Additional $267B in Chinese Imports

The president, speaking to reporters en route to Fargo, North Dakota, said he was ready to roll out even more tariffs on short notice, if he wants. President Trump has threatened to slap import ...

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