Economy

OPEC, non-OPEC countries reach deal to cut crude output in 2019

OPEC, non-OPEC countries reach deal to cut crude output in 2019

The escalation of the USA trade war with China was also starting to show its impacts on the world's economy in the form of lower oil demand. "Having the next meeting in April will be important for...

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Canada’s state railway set to give order to Siemens over Bombardier

Canada’s state railway set to give order to Siemens over Bombardier

Canada's state-owned Via Rail picked Germany's Siemens AG to supply $742 million of locomotives and passenger cars, dealing Bombardier Inc. a second high-profile setback on its home turf this year...

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Inflation ticks up slightly in November

Inflation ticks up slightly in November

The previous high IIP growth rate was recorded in November past year at 8.5 per cent. The poll of 40 economists had suggested that retail inflation sank in November to 2.80 per cent from October's...

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Certain Kotex tampons recalled following reports they unravel, come apart inside body

Certain Kotex tampons recalled following reports they unravel, come apart inside body

According to Kimberly-Clark, it has received reports from consumers that the tampons have unraveled or come apart upon removal. People with the U by Kotex Sleek tampons in regular absorbency should ...

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Senate overwhelmingly votes to renew farm programs

Agriculture Secretary Sonny Perdue said on Monday the bill "maintains a strong safety net for the farm economy, invests in critical agricultural research and will promote agriculture exports through r...

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ACCC confirms 'misuse of market power' investigations into tech giants

ACCC confirms 'misuse of market power' investigations into tech giants

The report looks at concerns regarding the market power held by these major platforms, including their impact on Australian businesses. In a statement ACCC said : "The ACCC also notes that consumers...

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British PM likely to win vote of no confidence: media reports

British PM likely to win vote of no confidence: media reports

If she loses the vote of party legislators, taking place on Wednesday evening, May must step down. As a result, he said, "the threshold of 15 per cent of the parliamentary party seeking a vote of co...

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As Theresa May faces leadership vote, a look at what happens next

As Theresa May faces leadership vote, a look at what happens next

Instead, she said she would visit European leaders and seek "additional reassurance" on some of the deal's more contentious elements. Juncker, who is set to meet May on Tuesday evening, reiterated t...

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Aurora Cannabis to buy Mexican company following partnership deal

Aurora Cannabis to buy Mexican company following partnership deal

BGC Partners, Inc . (NASDAQ: BGCP ) posted a -4.21% after which it closed the day' session at $6.15 and the company has experienced volume of 4,953,851 shares while on average the company has a capaci...

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Vehicle thefts spike around New Year's, Ford trucks top target: insurance bureau

Vehicle thefts spike around New Year's, Ford trucks top target: insurance bureau

The Ford F-Series pickup dominated the rankings with eight models topping the list. Numbers released past year showed that a smidgen over 22,800 vehicles were stolen in Alberta, or roughly one-qua...

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Japan Operators Plan Removing Huawei following Spying Concerns

Japan Operators Plan Removing Huawei following Spying Concerns

A SoftBank Group Corp spokesman said Japan's third-largest telco was closely watching government policy and is continuing to consider its options. The company will fine any employee that buys an...

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China said to agree to auto tariff cut as trade talks continue

China said to agree to auto tariff cut as trade talks continue

They were frustrated and unconvinced by China's promises of sweeping changes to its treatment of American intellectual property and technology transfer as well as its commitment to increase its purcha...

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Google CEO explains why Donald Trump comes up in search for 'idiot'

Google CEO explains why Donald Trump comes up in search for 'idiot'

In August, over a thousand Google employees signed a petition joining Amnesty International expressing their concern on the company's plan to launch a heavily censored version of its search engin...

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Delta Bans Emotional Support Animals on Flights Over 8 Hours

Delta Bans Emotional Support Animals on Flights Over 8 Hours

In addition, the new policy includes a ban on all emotional-support and service animals less than four months of age regardless of flight duration. US airlines began changing the rules earlier thi...

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Shaktikanta Das Appointed New RBI Governor: 10 Things To Know

Shaktikanta Das Appointed New RBI Governor: 10 Things To Know

Das also said that he would be meeting managing directors and chief executive officers of public sector banks tomorrow. Das's meeting with public sector banks holds significance because as many as 1...

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UAE energy minister: Qatar's exit from OPEC will not affect production

UAE energy minister: Qatar's exit from OPEC will not affect production

But amid mounting global uncertainty on everything from trade and monetary policy to politics, that forecast is far from consensus. "Recently, due to the political and economic factors, the price of...

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Brexit renegotiation is not an option, defiant Brussels tells Theresa May

Brexit renegotiation is not an option, defiant Brussels tells Theresa May

A senior German official said May won't get any pledge of new negotiations while in Berlin . The prime minister also announced plans to meet European leaders, as well as the leaders of the Europe...

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French minister asks Trump not to meddle in French affairs

French minister asks Trump not to meddle in French affairs

But the move failed to end the " yellow vest " movement, which demands lower taxes, higher minimum wages and better pension benefits. Chanting "We Want Trump!" And hitting back at Mr Trump's claim...

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Pork, poultry sausage products recalled for possible metal contamination

Pork, poultry sausage products recalled for possible metal contamination

The Owingsville, KY-based CTI Foods produced the ready-to-eat (RTE) sausage links on August 4, according to a recall notice posted by the USDA's Food Safety and Inspection Service (FSIS). These items ...

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Will Not Renegotiate "Best And Only Possible" Brexit Deal, EU Insists

But European Council president Donald Tusk warned the bloc would not reopen the agreement secured in November after months of negotiations, with Brexit looming on 29 March. The DUP were loud criti...

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'Fearless Girl' statue gets new permanent home

'Fearless Girl' statue gets new permanent home

The company worked with the City of NY and the NYSE to broker the statue's first permanent site; originally, it was only meant to be in situ for one week. The statue was originally installed opposite ...

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Crossrail delay: £1.4bn bailout as autumn 2019 launch delayed

Crossrail delay: £1.4bn bailout as autumn 2019 launch delayed

Now the company has admitted it does not know when it will open. The flagship project will now be bailed out in a £1.4bn financial package agreed by the government and London Mayor Sadiq Khan . M...

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Exit polls outlook and global sell-off makes Sensex, Nifty jittery

Exit polls outlook and global sell-off makes Sensex, Nifty jittery

The Sensex had rallied 361.12 points, or 1.02%, to close at 35,673.25 on Friday, and the broader Nifty had jumped 92.55 points, or 0.87%, to 10,693.70 in the previous session. Rising crude oil price...

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Verizon cuts 10,000 workers through buyouts as part of restructuring

Verizon cuts 10,000 workers through buyouts as part of restructuring

Verizon Communications on Monday said 10,400 employees are taking a voluntary buyout, the latest example of corporate downsizing as big companies shift from old lines of business to new opportunities ...

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22-year-old Google employee found dead in NYC office

22-year-old Google employee found dead in NYC office

Police say there were no signs of trauma and the death does not appear to be suspicious. The city Medical Examiner's office will perform an autopsy to determine the official cause of death. It has b...

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Britain's May will seek further assurances from European Union on Brexit backstop

Britain's May will seek further assurances from European Union on Brexit backstop

Tusk said Brexit would be discussed at a European Council meeting on Thursday. Sterling fell more than 1.5 per cent against the dollar as May confirmed the vote in Parliament on her Brexit deal...

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Poll of the week POLL: Should MPs vote for Theresa May's deal?

Poll of the week POLL: Should MPs vote for Theresa May's deal?

All of the Labour MPs, and some government MPs, stood to call for the debate, with none objecting. Mrs May was engaged in a conference call by telephone with her Cabinet ministers as the story broke...

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Green Monday PS4 Deals - Best Savings In 2018

Green Monday PS4 Deals - Best Savings In 2018

Well , there's actually a little-known third, called Green Monday , and you can thank eBay for it. (This was obviously back before free 2-day shipping was a thing.) It hasn't exactly caught on th...

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Apple faces ban on sale of older iPhones in China, Qualcomm says

Apple faces ban on sale of older iPhones in China, Qualcomm says

Tech giant Apple said on Monday that it would continue to sell all of its iPhone models in China despite Qualcomm's announcement that it had won an injunction against Apple on the importation ...

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Ted Baker boss takes leave of absence

Ted Baker boss takes leave of absence

WWD reports that on Thursday the company appointed "an independent committee of non-executive directors" to ensure that the petition is adequately investigated. The company's share price has fallen b...

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RBI Governor Urjit Patel resigns citing personal reasons

RBI Governor Urjit Patel resigns citing personal reasons

In a statement released by Mr Patel, he said he stepped down on "account of personal reasons". It has been my privilege and honour to serve in the RBI in various capacities over the years. All direc...

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Huawei chief financial officer seeks bail on health grounds

Huawei chief financial officer seeks bail on health grounds

It has also provoked fears that China may respond by arresting western business people. Meng is believed to have helped Huawei circumvent USA sanctions on Iran by telling financial institutions that...

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No 10 denies reports that May could postpone Tuesday's Brexit vote

No 10 denies reports that May could postpone Tuesday's Brexit vote

Mrs May has warned that the country will be "unchartered waters" if the deal is rejected. "We have a leader of the Opposition who thinks of nothing but attempting to bring about a general election ...

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Tesla's Elon Musk on '60 Minutes': 'I do not respect the SEC'

Tesla's Elon Musk on '60 Minutes': 'I do not respect the SEC'

He was forced to resign as chairman but allowed to remain CEO. The company named Robyn Denholm, who was already on the board, as chairwoman. "I do not respect the SEC", Musk said. He said Tesla wo...

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Nissan moves to block Ghosn access to Rio flat

Nissan moves to block Ghosn access to Rio flat

Monday represents the final day that prosecutors can hold Ghosn and Kelly before either charging or re-arresting them, and a further arrest would allow them another 22 days of questioning. A person cl...

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