Economy

Electric scooter giant recalls more scooters amid fears of them breaking apart

Electric scooter giant recalls more scooters amid fears of them breaking apart

The California-based company Lime is actively looking into reports that scooters manufactured by the Chinese company, Okai, may break. He said Lime has been in contact with the local councils to w...

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Oil sinks 7% into bear market on oversupply fears

Oil sinks 7% into bear market on oversupply fears

ICE Brent crude in London settled below its lower Bollinger Band this week after breaching a key 50 percent Fibonacci retracement support level in early November. Oil's record losing streak has plunge...

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Flipkart Group CEO Binny Bansal resigns after 'serious personal' misconduct probe

Flipkart Group CEO Binny Bansal resigns after 'serious personal' misconduct probe

A person familiar with the matter told Reuters, "In late July ... an allegation came to us". Binny, meanwhile, has spoken to the Economic Times. The investigation, which was conducted on behalf of F...

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Amazon to announce Long Island City, Northern Virginia as HQ2 locations

Amazon to announce Long Island City, Northern Virginia as HQ2 locations

The competition that saw 238 cities across North America vie to become the site of the 50,000-person office kicked off on September 7, 2017. More than a year after cities across America mustered the...

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FDA Wants to Ban Menthol Cigarettes

FDA Wants to Ban Menthol Cigarettes

Menthol accounts for 36pc of the USA market, according to analysts at Barclays, and generates around a quarter of BAT's profit as it owns Newport, the biggest menthol cigarette brand in the US. But it...

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That's why Twitter CEO met Rahul Gandhi

That's why Twitter CEO met Rahul Gandhi

As for the anticipated edit button, it's now being worked on so when it does arrive, it's everything we need. In order to do that, the company put out a request for proposals on how to measure "Twit...

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Oil Stocks to Gain from OPEC Production Cuts

Oil Stocks to Gain from OPEC Production Cuts

Addressing an energy conference in the United Arab Emirates, Falih, head of the rotating presidency of OPEC, said Saudi Aramco would commit to a 500,000-bpd cut starting next month. The report also ...

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Toyota Corolla Sedan Shows Fresh New Face In Latest Teaser

Toyota Corolla Sedan Shows Fresh New Face In Latest Teaser

Toyota has remained pretty quiet about its redesigned Corolla hatchback , but a new teaser shows us a little bit of the design language and lets us in on the fact it will ride on an all-new 12th-gen...

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Netflix Reportedly Planning a Cheaper Price Tier in Some Markets

Netflix Reportedly Planning a Cheaper Price Tier in Some Markets

Speaking with Bloomberg in an interview last Friday , Netflix CEO Reed Hastings revealed that Netflix will test a new, lower-priced tier of its streaming service to potentially boost sales in for...

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Irish Aviation Authority investigating multiple UFO sightings in Kerry

Irish Aviation Authority investigating multiple UFO sightings in Kerry

Air control said there was nothing showing for that evening. The IrishExaminer reports that on on Friday last, a pilot from a British Airways flight contacted Shannon Air Traffic Control to ask ...

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Facebook is now down for many desktop users

Facebook is now down for many desktop users

Some users began to see Facebook return to normal about 30 minutes after the outage began. Many took to Twitter to find out what was going on. On DownDetector's live map , the issue appeared to b...

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Oil prices rise by more than 1% after Saudi announcement

Oil prices rise by more than 1% after Saudi announcement

An official from Kuwait, also an OPEC member, on Monday said that major oil exporters over the weekend had "discussed a proposal for some kind of cut in (crude) supply next year", although the officia...

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Oil prices rise by 1% after Saudi announces December supply cut

Saudi Arabia is discussing a proposal that could see the Organization of the Petroleum Exporting Countries ( OPEC ) and non-OPEC oil producers cut output by up to 1 million barrels per day (bpd), two ...

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Veterans Day: Freebies, discounts and deals for our military

Veterans Day: Freebies, discounts and deals for our military

Additionally, military members will receive 10% off their check. All veterans and active duty military with a valid military ID will be offered a free classic "Almost Famous" sandwich. The Mexican c...

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Ford buys electric scooter sharing company Spin

Ford buys electric scooter sharing company Spin

Spin operates in 13 United States cities and campuses, but Ford plans to expand it to more than 100 over the next 18 months. "We understand mobility is not just vehicles at this point", Sunny Mad...

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FDA plans strict limits on sale of flavored e-cigarettes

FDA plans strict limits on sale of flavored e-cigarettes

The new restrictions were first reported by the Washington Post . Combustible cigarettes have taken a backseat as the FDA carries out a vendetta on e-cigarettes, which are soaring among popularity ...

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United Kingdom transport minister resigns over Brexit

United Kingdom transport minister resigns over Brexit

But he denied that his resignation was an attempt to undermine May's position. "My priority is really just to do my bit as a now backbench MP to try and encourage the country to pause and reflect be...

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US Fed leaves rates unchanged, stays on course for December hike

US Fed leaves rates unchanged, stays on course for December hike

Business investment can be a key to rising productivity and future growth, and the fact that it had "moderated from its rapid pace", as the Fed said, was the only cautionary note in a policy statement...

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$10 a day childcare prototype sites on the way

$10 a day childcare prototype sites on the way

Spaces are being funded through a $60 million investment under the Early Learning and Child Care Agreement with the Government of Canada. This is the next step in the provincial government's ten-yea...

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Alibaba Singles' Day sales hit $10 billion in first hour

Alibaba Singles' Day sales hit $10 billion in first hour

The spending binge has for years eclipsed Cyber Monday in the US for online purchases made on a single day. Over the last decade, Alibaba has nearly single-handedly turned Singles Day - November 1...

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Flying motorbikes: Dubai police to have flying bikes by 2020

Flying motorbikes: Dubai police to have flying bikes by 2020

The flying motorbike is back in Dubai , and you could see the police riding one in the not-too-distant future.A year after California-based startup Hoversurf showcased its hoverbike at tech expo GI...

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Sainsbury’s synergies from Argos deal helps boost profits

Sainsbury’s synergies from Argos deal helps boost profits

Half-year profits, however, slumped by 40% to £132 million due to restructuring and a bevy of one-off expenses related to Argos integration, Sainsbury's Bank transition and the proposed merger with As...

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Deals and freebies for Veterans Day 2018

Deals and freebies for Veterans Day 2018

Denny's: Denny's is offering veterans a free Build Your Own Grand Slam from 5 a.m. -noon on November 12. Do you offer any military discounts? Veterans and Active Duty Military can select a fre...

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Tesla names Denholm as board chair to replace Musk

Tesla names Denholm as board chair to replace Musk

Hackers stole tens of thousands of bitcoins using fake accounts Elon musk , reports the BBC. Musk has been on Tesla's board since 2004 but recently his behavior was off the rails. Musk had been the...

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China export growth surprisingly strong in Oct.

China export growth surprisingly strong in Oct.

The country's cumulative trade surplus with the U.S.in the first 10 months of the year was $258.15 billion, Reuters reported. Markets are now keeping their eyes on a much-touted meeting later this...

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LLC Purchase Holding in Canopy Growth Corp (NYSE:CGC)

LLC Purchase Holding in Canopy Growth Corp (NYSE:CGC)

Market capitalization used by the investment community in ranking the size of companies, as against to sales or total asset figures. Active and passive shareholders always require every bit of inform...

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SSE and npower merger hits the skids over price cap

SSE and npower merger hits the skids over price cap

SSE said it is likely that completion of the deal will be delayed beyond the first quarter of 2019, but all work to "seek to achieve the formation and listing of the new company will continue". Aft...

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Walmart Black Friday Deals Start With Thanksgiving Cookies

Walmart Black Friday Deals Start With Thanksgiving Cookies

It will follow that on November 21 with early access to Black Friday deals on the company's website starting at 10 p.m. ET. Stores will open at 5 p.m. In the Black Friday party event Walmart wil...

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Oil prices drop as ‘trifecta of trouble’ may cause glut

Oil prices drop as ‘trifecta of trouble’ may cause glut

Downside targets remain on the radar for crude as it continues to carve a series of lower highs & lows, with oil marking the longest string of losses on record as it declines for 10th consecutive sess...

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Sears to close Grand Island location

Sears to close Grand Island location

The company filed for bankruptcy protection in October after years of closing stores and selling off assets following crippling sales declines. Sales at the 40 newly targeted stores will begin nex...

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Toshiba downgrades outlook as reports warn it will slash jobs

The boss of struggling Toshiba said yesterday he would cut 7,000 jobs over the next five years as the Japanese engineering firm pulled out of foreign investments and downgraded its annual profit for...

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Not seeking Rs 3.6 lakh crore from RBI, says govt

Not seeking Rs 3.6 lakh crore from RBI, says govt

The meeting of the central board of the RBI on 19 November is likely to be stormy with the government determined to take up these issues and press for a decisive outcome. He added that it would be har...

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French 'seize' Ryanair plane in Bordeaux over €525000 'debt'

French 'seize' Ryanair plane in Bordeaux over €525000 'debt'

The Irish airline yesterday suffered the embarrassment of having a Boeing 737 grounded by the French civil aviation authority before it was due to make a return fight to London Stansted carrying 1...

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Defiant Trump blames media, fellow Republicans for House losses

Defiant Trump blames media, fellow Republicans for House losses

The campaigns of Reps. -elect Abigail Spanberger and Jason Crow have also said they will not vote for the California Democrat as House speaker. Democrats are preparing to use their new stranglehold ...

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Treasurer rejects gas pipeline sale

Treasurer rejects gas pipeline sale

Frydenberg said that his initial view of the transaction was formed on the grounds that it would result in an "undue concentration of foreign ownership" by a single company group in Australia's most...

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