Economy

6 things Australian traders will be talking about this morning

6 things Australian traders will be talking about this morning

Boats, TV sets, and cooper are among the list of imports covered by $ 200 billion in new tariffs against China that the Trump administration announced Monday. That would raise the total to $517 billi...

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Trump promises post-market announcement as China tariff reports swirl

Trump promises post-market announcement as China tariff reports swirl

The administration is targeting a variety of products - from sockeye salmon to bamboo mats - forcing US companies to scramble for suppliers outside China, absorb the import taxes or pass along the bur...

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MP Leona Alleslev Leaves Liberal Caucus, Crosses Floor To Conservatives

MP Leona Alleslev Leaves Liberal Caucus, Crosses Floor To Conservatives

A legislator from Canada's ruling Liberals unexpectedly defected to the main opposition party on Monday, dealing a blow to Prime Minister Justin Trudeau a year before the next federal election. Before...

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Govt proposes merger of Bank of Baroda, Dena and Vijaya Bank

Govt proposes merger of Bank of Baroda, Dena and Vijaya Bank

Regarding the overseas operations of the banking sector, Kumar said rationalisation of operations is in full swing, and the government is keen to take steps so that history isn't repeated as far as no...

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Salesforce CEO Marc Benioff to buy Time magazine for $190M

Salesforce CEO Marc Benioff to buy Time magazine for $190M

The U.S. media company said the Benioffs were purchasing Time personally and the transaction was unrelated to Salesforce.com Inc (CRM.N), where Marc Benioff is chairman, co-chief executive and fou...

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President Trump to spare Apple from tariffs on Chinese goods

The news comes soon after Apple said that a "wide range" of products would be impacted by the proposed tariffs, and a request Apple made to U.S. Trade Representative Robert Lighthizer to reconsider th...

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Athlete banned from all-you-can-eat restaurant for eating too much

Athlete banned from all-you-can-eat restaurant for eating too much

A German athlete has been banned from an all-you-can-eat restaurant in Bavaria for eating too much, according to reports. The former bodybuilder sat down at a table and started eating -and did not s...

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Saudi wealth fund plunges $1bn into Tesla rival Lucid

Saudi wealth fund plunges $1bn into Tesla rival Lucid

The investment comes a few weeks after Tesla Inc. The $1bn deal is the latest in a series of investments by. Rumors of the PIF's investment in Lucid started circulating in August, around the tim...

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Amazon launches Storefronts for U.S. businesses

Amazon launches Storefronts for U.S. businesses

The company says smaller companies can get lost among its millions of goods and it wants a way for shoppers to find them more easily. The new platform is called Storefronts and contains a collecti...

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China won't just play defence in trade war, Global Times says

Also Monday, an official newspaper called for more aggressive measures to "make American pain worse" following tariff hikes by both sides on $50 billion of each other's goods. The report quoted one se...

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Tesla (TSLA) Given a $179.00 Price Target by Morningstar Analysts

Tesla (TSLA) Given a $179.00 Price Target by Morningstar Analysts

Nomura rated the Tesla , Inc. (NASDAQ: TSLA ) has increased by 3.97%, and now trading at $290.54 on the Wall Street in the intra-day deal, with their shares traded now around 9,989,207. Evercore ISI'...

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Diver Behind Thai Soccer Team Rescue Sues Elon Musk Over Pedophile Remark

Vernon Unsworth , a 63-year-old British diver who helped rescue a Thai youth soccer team, filed a suit seeking $75,000 in damages against Musk on Monday in the Central District Court of California...

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Glance Elon Musk's boring machine being operated by an Xbox controller

Glance Elon Musk's boring machine being operated by an Xbox controller

Elon Musk's Boring Company is using an Xbox controller to remotely configure boring machines. The clip above shows the equipment being used in Hawthorne, where Musk's crews are now digging down in...

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Caver sues Elon Musk for defamation

Musk and the British cave explorer, Vernon Unsworth , have been locked in a heated back-and-forth for weeks after Unsworth questioned Musk's efforts to aid in the rescue of the Thai boys soccer tea...

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Coca Cola is in serious talks to produce marijuana-infused drinks'

Coca Cola is in serious talks to produce marijuana-infused drinks'

Coca-Cola is reportedly watching the cannabis industry and is intrigued by the idea of drinks infused with CBD. The report said there was no guarantee that talks between the companies would be succ...

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Amazon cracking down on employees leaking data for bribes

Amazon cracking down on employees leaking data for bribes

Brokers are apparently arranging payments from merchants to Amazon staff for data on sales, advertisement bids, and the number of times people search for and click on certain products. Brokers worki...

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Six strawberry brands recalled as $100,000 reward offered to catch needle saboteur

Six strawberry brands recalled as $100,000 reward offered to catch needle saboteur

Police began looking into the potentially unsafe berries after a Facebook user on Saturday wrote that their friend took a bite of a strawberry and ate "half a sewing needle", according to the Palm ...

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Floodwaters rise as killer storm stalks southeastern US

Floodwaters rise as killer storm stalks southeastern US

In North Carolina, more than 900 people were rescued from rising flood waters and 15,000 remained in shelters, North Carolina Governor Roy Cooper said yesterday. About 756,000 homes and businesses w...

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New threat: Police investigating 'metal object' found in banana

Berry Obsession recalled its strawberries. New Zealand imports the fruit from Australia when it's out of season, from April to September. "The community is reminded that contaminating food is t...

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Trump to Issue $200B More Tariffs on China

Trump to Issue $200B More Tariffs on China

The Chinese Foreign Ministry said on Thursday that it was invited to hold new talks. A higher tariff of 25% is already in force on $50 billion worth of imports from China, and the period for public ...

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Fuel gets cheaper in Karnataka: CM Kumaraswamy slashes cess by Rs 2

Fuel gets cheaper in Karnataka: CM Kumaraswamy slashes cess by Rs 2

In Mumbai, the price of petrol has mounted to almost Rs. 90 per litre, while diesel is retailing at Rs 78.26 per litre respectively. Among the key cities, on Monday, a litre of petrol was sold for R...

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The QLD Government Is Offering A $100k Reward For The Strawberry Tamperer

The QLD Government Is Offering A $100k Reward For The Strawberry Tamperer

A Coles spokesperson told Starts at 60 that they have complied with Queensland Health's requests to remove affected strawberries from sale. Australians have been warned to cut fresh strawberri...

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Time magazine acquired by Salesforce founders for $190 million

The deal could close within a month but must first get regulatory approval. Marc and Lynne Benioff will not be involved in the day-to-day operations or journalistic decisions, which will continue ...

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Bank holds interest rates and warns over no-deal Brexit

Bank holds interest rates and warns over no-deal Brexit

In a stark warning to the British cabinet, Carney told ministers including May that the impact of a no-deal Brexit could be as catastrophic as the 2008 financial crisis, according to The Guardian ...

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Australia Warns Consumer to Cut Strawberries After Needles Found Inside Some Samples

The recall has since been expanded to include six brands after police received more complaints about needles in strawberries. Dr Young also reiterated her advice from the past few days - cut up any ...

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Henri Bendel to Close After 123 Years

Henri Bendel to Close After 123 Years

The Columbus, Ohio, company said it wants focus on larger brands with more growth potential. Sluggish sales led to its decision to shutter the Bendel business, L Brands said. That includes its fla...

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Strawberry crisis deepens: Six brands recalled after more needles found

Strawberry crisis deepens: Six brands recalled after more needles found

An update on the investigation was released amid what authorities said was thought to be a "copycat incident" and provided a photo in relation to it. It comes after a fourth contaminated punnet was b...

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Govt will maintain 3.3% fiscal deficit target: Jaitley

Govt will maintain 3.3% fiscal deficit target: Jaitley

In a message clearly aimed at allaying market concerns that a confluence of factors could derail the Indian economy, Arun Jaitley said on Saturday the government is sure of meeting the fiscal defici...

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How FEMA uses Waffle Houses in disasters

How FEMA uses Waffle Houses in disasters

Given the southern locations of most Waffle House restaurants, they are vulnerable to hurricanes, tropical storms and flooding rains. The ⁦ @WaffleHouse ⁩ Storm Center is activated and monitori...

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BMW Motorrad develops a self-driving R 1200 GS adventure bike

BMW Motorrad develops a self-driving R 1200 GS adventure bike

BMW Motorrad's first autonomous motorbike has been developed by engineer Stefan Hans and his team to independently drive off, accelerate, circle a winding test track and independently slow down to ...

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In riposte, Trump says JPMorgan’s Dimon lacks ‘smarts’ to be president

In riposte, Trump says JPMorgan’s Dimon lacks ‘smarts’ to be president

Dimon, incidentally, was a member of Trump's strategy and policy forum prior to its disbanding, and he has praised the business-friendly tax cuts that the president signed into law a year ago. James D...

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‘Presidential Alert’: FEMA to test emergency alert system next week

‘Presidential Alert’: FEMA to test emergency alert system next week

But it won't be a political message or attack on one of his perceived enemies-or at least, it's not supposed to be. If you can't remember this happening before-you're correct. The WEA portion of the...

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Petrol climbs to ₹88.67 per litre in Mumbai, diesel at ₹77.82

Petrol climbs to ₹88.67 per litre in Mumbai, diesel at ₹77.82

After a day's lull, the upward march of fuel prices resumed Thursday with petrol price being hiked by 13 paise per litre and diesel by 11 paise, according to a price notification of state-owned o...

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East of England's housing market still slowing down, RICS finds

East of England's housing market still slowing down, RICS finds

In Wales, 39 per cent reported an increase in prices. Sales volumes at a national level were the weakest in five months, but this mostly reflected a sluggish market in regions neighboring London, wi...

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Crypto's crash just surpassed dot-com levels as losses reach 80 percent

Crypto's crash just surpassed dot-com levels as losses reach 80 percent

This makes the 78% peak-to-trough decline of the dot-com crash by Nasdaq Composite Index look better. Exactly like the internet-stock boom, cryptocurrency investors have been betting big on a promis...

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