Economy

Royal Mail tells environmental campaigners to stop posting crisp packets without envelopes

Royal Mail tells environmental campaigners to stop posting crisp packets without envelopes

Protesters have been mailing empty packets of crisps back to Walkers - but Royal Mail have issued a reminder to use envelopes. . It won't make such a pretty photo to share on social media, though, ...

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President Donald Trump boasts of 'very, very large brain'

Chinese Foreign Minister Wang Yi listens as President Donald Trump speaks during a United Nations Security Council session, at U.N. headquarters in New York , Sept. "As the largest importer of US...

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Wall Street dips after Federal Reserve raises rates

Bahrain's central bank raised its interest rate on its one-week deposit facility to 2.5 per cent from 2.25 per cent. Kuwait said it is keeping its key discount rate unchanged at 3 per cent. In his new...

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Distracted Boyfriend meme is sexist, rules Swedish ad watchdog

Distracted Boyfriend meme is sexist, rules Swedish ad watchdog

According to The Guardian , after the ad was posted in April, it garnered almost 1,000 comments, many from women criticizing it as sexist. Bahnof used the meme in recruitment advertisements on Face...

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US Fed raises benchmark interest rate to 2.25-pct

The benefits of this strong economy have not reached all Americans. "Most FOMC participants now agree that this makes little sense - the Fed has some catching up to do". The Fed sees the economy's l...

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Iran oil exports fall before US sanctions: global banking group

The price of Brent crude oil has reached its highest since November 2014 and could strengthen further amid concerns that the world's major oil producers would struggle to increase output, as called ...

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Federal Reserve hikes interest rate, citing "strong" economy

The Fed is lifting its short-term rate - a benchmark for many consumer and business loans - by a quarter-point to a range of 2 percent to 2.25 percent. But Trump just tripled the amount of tariffs in ...

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Centre hikes import duty on select goods

Centre hikes import duty on select goods

The total value of imports of these items was Rs 86,000 crores, the ministry added. Previously, Economic Affairs Secretary Subhash Chandra Garg had said that curbing imports through tariffs would he...

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USA stands to lose most in trade war with China

USA stands to lose most in trade war with China

The ECB study simulates a 10 percent US tariff on all imports and an equivalent retaliation from other countries. In July, China announced cuts to tariffs on cars and other goods such as appare...

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NAFTA Talks: US, Mexico May Proceed Without Canada

NAFTA Talks: US, Mexico May Proceed Without Canada

Trump then took aim at Canada's dairy supply management system, which he said is hurting Wisconsin dairy farmers by charging them tariffs of up to 300 per cent. USA producers actually sell more dairy ...

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Peso slides as Argentina's central bank chief Luis Caputo resigns

Peso slides as Argentina's central bank chief Luis Caputo resigns

The resignation of Luis Caputo to the Presidency of the Central Bank of Argentina (BCRA), which has been reflected with surprise by the global media, occurs amid the trip of the Argentine Presiden...

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Federal Reserve poised to raise interest rates

Federal Reserve poised to raise interest rates

Federal Reserve Chairman Jerome Powell and the Federal Reserve headquarters in Washington, D.C. As of 4:30 PM Eastern standard time, gold futures are now trading fractionally higher, with the mos...

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United States stocks end mixed ahead of Fed decision

The move would mark the bank's eighth rate rise since 2015, continuing its policy of gradual rate rises. "The labor market has continued to strengthen. US stock markets opened slightly higher on Wed...

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Canada's PM sees possibility to build on U.S.-Mexico NAFTA deal

On the other hand, should Canada decide to join the agreement, the Canadian dollar could go significantly stronger. The U.S. steel industry continues to operate below its capacity, so the Trump admi...

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Google reinstates cryptocurrency advertisements; technology giant’s move riles up community

Google reinstates cryptocurrency advertisements; technology giant’s move riles up community

The online giant blocked such adverts back in March as part of a security crackdown, but has now apparently changed its mind and will allow cryptocurrency ads on its services from next month. Google...

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Dunkin’ Donuts To Officially Change Name

Dunkin’ Donuts To Officially Change Name

For 68 years the company has been known worldwide as Dunkin' Donuts , but in 2017 a branch was opened in Pasadena, California which carried just the name Dunkin . Dunkin' started testing the shorte...

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Cabinet rallies around May on Chequers plan for Brexit

Cabinet rallies around May on Chequers plan for Brexit

With a bloc of Tory Brexiteers also committed to opposing the plan, and a number of pro-EU MPs also highly critical, it is increasingly hard to see how she can muster the numbers to get it through Par...

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Trump criticises Iran as 'corrupt dictatorship' in United Nations speech

Trump criticises Iran as 'corrupt dictatorship' in United Nations speech

First of all, Trump was late to the assembly, and missed his slot at the podium, forcing Ecuador's president, Lenin Moreno Garcés, to take his place. The Tuesday morning speech at United Nations hea...

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Iran: US wish to halt Iran's crude exports won't come true

With oil prices hitting a four-year high of $82 per barrel, the United States leader slammed the OPEC oil cartel after Saudi Arabia and Russian Federation rejected calls to increase production amid ...

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Major US Crypto Exchange Gemini to Expand to UK, Improvement For Europe

Major US Crypto Exchange Gemini to Expand to UK, Improvement For Europe

According to sources familiar with the matter, Gemini has already hired consultants to advise on the move to the UK With London being the European financial capital, the move gives Gemini a great...

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UK: Compromise with European Union over Brexit likely to be reached - Rabobank

The final wording of the Brexit composite motion says: "If we can not get a general election , Labour must support all options remaining on the table, including campaigning for a public vote". On Fri...

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US says Canada not making concessions needed for NAFTA deal

Momentum appeared to have stalled last week in efforts to bridge differences between Washington and Ottawa in negotiations to rewrite NAFTA, which began previous year. wants to eliminate the Chapter 1...

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Labour Members Approve Motion to Keep Open Option of Second Referendum

Labour Members Approve Motion to Keep Open Option of Second Referendum

Labour leader Jeremy Corbyn has so far played a canny game by allowing the debate to tie the government in knots while remaining ambiguous, but the time is nearing to reveal his hand. May's plan se...

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Canada Ties Can Survive Trade Friction, Trudeau Says

The administration of President Donald Trump has recently begun increasing the pressure on Canada, urging it to conclude a deal by September 30 or face exclusion from a revised North American Free Tra...

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Monday mayhem: Sensex tanks 537 points, Nifty crashes below 11,000

Monday mayhem: Sensex tanks 537 points, Nifty crashes below 11,000

However, by 11 am, the markets recouped their losses to firmly trade in the green. Both the BSE and NSE indices gained almost a per cent. The BSE Sensex dropped over 200 points in early trade Mo...

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Michael Kors Reaches Deal to Buy Italian Fashion House Versace

Michael Kors Reaches Deal to Buy Italian Fashion House Versace

After the deal, Versace CEO Jonathan Akeroyd will remain at the helm of the company, while Donatella Versace will "continue to lead the company's creative vision", Idol added. "I am proud that Ver...

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Porsche Has Officially Stopped Building Diesel Vehicles

Porsche Has Officially Stopped Building Diesel Vehicles

CEO Oliver Blume told Sunday's Bild am Sonntag newspaper that, although Porsche itself never developed and produced diesel engines , its image has suffered from the scandal that erupted in 2015. Curr...

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Norwegian Air to stop flights from Belfast to US

Norwegian Air to stop flights from Belfast to US

The Norwegian Air flights were to Stewart International Airport, about 70 miles from NY, and TF Green Airport, 60 miles from Boston. Seasonal flights to Bergen, Norway, will end in October and resum...

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Needles found in strawberries in NZ

Needles found in strawberries in NZ

The strawberries, from Western Australia state, were sold in Countdown stores nationwide last week and only one incident of tampering was reported. A spokeswoman for the Queensland Police Service,...

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B.C. Rental Housing Task Force recommends cutting annual rent increase cap

B.C. Rental Housing Task Force recommends cutting annual rent increase cap

Currently, the province caps rental increases at a rate of inflation plus 2 per cent, which for 2019 would have allowed for the highest increase in more than a decade. "We are acutely aware of the cha...

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Instagram co-founders Kevin Systrom, Mike Krieger reportedly step down

Instagram co-founders Kevin Systrom, Mike Krieger reportedly step down

We've grown from 13 people to over a thousand with offices around the world, all while building products used and loved by a community of over one billion. WhatsApp chief executive and co-founder Jan...

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US Using False Accusations On Trade To

US Using False Accusations On Trade To "Intimidate" Countries: China

China imports far less from the United States, making a dollar-for-dollar match on any new USA tariffs impossible. "We are going to win it", Trump's Secretary of State Mike Pompeo said of the trade...

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Sky shares rally after Comcast wins bidding war

Sky shares rally after Comcast wins bidding war

The rare auction was organized by Britain's Takeover Panel after months of offers and counteroffers from Comcast and 21st Century Fox as the USA media companies sought a foothold in Europe. Fox, backe...

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Are We Experiencing a Ripple Rally? Price Indicates Yes

Are We Experiencing a Ripple Rally? Price Indicates Yes

After a massive short-term rally, Bitcoin has retraced slightly, leading other major cryptocurrencies to fall by 3 to 5 percent. Ripple has so far avoided being labeled a security Several ongoin...

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Trump Banner Displayed in the Magic Kingdom

Trump Banner Displayed in the Magic Kingdom

At that point, a Disney employee told the men to take the banner down, although the video did not show them being escorted from the park. The woman who shot the video, Jessika Santiago, says that two ...

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