Economy

Nissan Rogue Sport brings more sleekness, safety to Chicago

Nissan Rogue Sport brings more sleekness, safety to Chicago

The crossover has also been equipped with restyled headlights, a new hood and rectangular fog lights. The styling changes are less noticeable out back, but the crossover gains updated taillights wit...

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Pound plummets as Bank of England warns about Brexit uncertainty

Pound plummets as Bank of England warns about Brexit uncertainty

At the current interest rate of 8.45 per cent for home loan, a person with a loan amount of Rs 50 lakh for a tenure of 20 years pays Rs 43,233 per month towards EMI. Since taking office December 12, D...

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Chance of interest rate move in either direction now even: RBA governor

Chance of interest rate move in either direction now even: RBA governor

The Aussie hovered near a more than one-week low at $0.7103, having lost 1.8 percent in the previous session, its largest percentage decline in more than a year. Mr Lowe said economic growth could wea...

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Bankruptcy judge gives Sears, Kmart another chance

Bankruptcy judge gives Sears, Kmart another chance

Lawyers for Sears and ESL argued that the sale offered the best alternative and also played up the need to save jobs. They said Mr Lampert, the firm's chairman and former chief executive, had no via...

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Australia's Commonwealth Bank first-half profit up 1.7 pct

Australia's Commonwealth Bank first-half profit up 1.7 pct

CBA said its net interest margin dipped to a still sold 2.10%, 6 basis points lower than the first half of 2017-18, because of "higher funding costs and home loan switching and competition". "We see a...

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Ronan Farrow says National Enquirer tried to blackmail him too

Ronan Farrow says National Enquirer tried to blackmail him too

A spokesman for American Media Inc ., publisher of the National Enquirer , didn't immediately respond to a request for comment. The National Enquirer published a story last month that included l...

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Labour's Corbyn puts forward terms for backing UK PM May on Brexit

Labour's Corbyn puts forward terms for backing UK PM May on Brexit

Mr Corbyn wrote to her on Wednesday spelling out his party's five demands for supporting a deal. However, without changes to your negotiating red lines, we do not believe simply seeking modification...

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TSB says derailed train began to move on its own

TSB says derailed train began to move on its own

He said two workers' bodies were found near the locomotive, which landed in the Kicking Horse River, and the third was still in the cab. The lead locomotive came to rest on its side in a creek. The ...

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Amazon LIC critic named to key board that can veto project

Amazon LIC critic named to key board that can veto project

As proof that her Democratic conference won't be a rubber stamp for Gov. Andrew Cuomo, Stewart-Cousins nominated Gianaris, an early and vocal critic of the Amazon deal, to the Public Authorities Cont...

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Dodge recalls 1000's of pickups

Dodge recalls 1000's of pickups

It includes Ram 3500s from the 2013-2017 model year, Ram 2500 pickups and 3500 Chassis Cabs from the 2014-2017 model years. FCA says an investigation found a specific steering-linkage configuratio...

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Tesla drops mid-range Model 3 price, again

Tesla drops mid-range Model 3 price, again

Now, Tesla has updated its website to the new pricing which shows that once the federal tax credit of $US3,750 and a fuel savings (based on 10,000 miles and a cost of $US2.85 per gallon) are applied, ...

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RBC lands advisory record with $66bn SunTrust-BB&T merger

RBC lands advisory record with $66bn SunTrust-BB&T merger

The combined company will be based in Charlotte, North Carolina, its board and management evenly split between BB&T Corp. and SunTrust Banks Inc. BB&T reports that, as one company, they will servi...

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Death Toll in Turkey Building Collapse Rises to 3

Death Toll in Turkey Building Collapse Rises to 3

The girl, Havva Tekgoz, was pulled from the debris about 18 hours after the building in the mostly residential Kartal district, on the Asian side of the city , collapsed . After the collapse, author...

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Apple Retail chief Angela Ahrendts makes surprise exit

Apple Retail chief Angela Ahrendts makes surprise exit

She is one of its highest paid executives, earning almost twice as much as boss Tim Cook in 2017. Upon her departure, Deirdre O'Brien will be stepping into the role of Senior Vice President of Retail ...

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Good Enough, GMC? Ram Debuts New Multifunction Tailgate

Good Enough, GMC? Ram Debuts New Multifunction Tailgate

According to the automaker, the new design retains the capabilities of a fully-dampened, drop-down tailgate with remote release options, while the dual side-hinged tailgate doors improve access and ut...

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GM posts $8.1 billion 2018 profit on strong vehicle pricing

GM posts $8.1 billion 2018 profit on strong vehicle pricing

Profit in North America rose 5.8 percent to $3 billion, while GM's worldwide operations lost $48 million. They'll get up to $10,750 each, less than last year's $11,500. But 2,700 USA workers will be o...

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RBI May Change Stance To

RBI May Change Stance To "Neutral" In Shaktikanta Das's First Review

In the first policy review under Governor Shaktikanta Das, the six-member Monetary Policy Committee voted 4:2 in favour of the rate cut , while the decision to change policy stance was unanimous. H...

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United States oil prices edge up as market eyes tighter supply

United States oil prices edge up as market eyes tighter supply

USA crude inventories rose by 2.5 million barrels last week, according to industry group the American Petroleum Institute, and gasoline stocks also increased. Daniel Yergin , vice chairman of IHS Mar...

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Trump nominates critic of global institutions to lead World Bank

Trump nominates critic of global institutions to lead World Bank

Malpass highlighted the work of the Treasury under the Trump administration to negotiate a "major capital increase and reform package for the World Bank". "America is once again retreating from an imp...

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State of the Union: Trump vows to end China's job 'theft'

State of the Union: Trump vows to end China's job 'theft'

Other countries would acquire an estimated 82 percent of the value of the Chinese exports and 85 percent of $85bn of U.S. exports hit by the tariffs. This will be reflected in import and export patter...

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Apple pays France €500 million to cover a decade of back taxes

Apple pays France €500 million to cover a decade of back taxes

At the beginning of 2019, France imposed a "GAFA tax" (under the French acronym for Google, Apple, Facebook, Amazon) and is lobbying the European Union to come up with a similar EU-wide tax plan for...

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Oil Slides on Disappointing U.S

Oil Slides on Disappointing U.S

Numerous tankers are now in the water off the Venezuelan coast, unable to move because state-owned PDVSA is demanding payment, which would run afoul of USA sanctions. Russian oil output declined to 11...

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Trump expected to tap critic of the World Bank to lead it

Trump expected to tap critic of the World Bank to lead it

One World Bank board source said that there was little appetite among member countries to mount a challenge to a USA candidate seen as qualified and reasonable, but it was unclear yet whether enough v...

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USA oil prices edge up as market eyes tighter supply

USA oil prices edge up as market eyes tighter supply

Futures on United States and global benchmarks, West Texas Intermediate (WTI) and Brent crude, rose to the highest level since late November 2018. At 10:49 GMT, March WTI crude oil is trading $55....

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'Bond King' Bill Gross to retire from Janus

'Bond King' Bill Gross to retire from Janus

By August, when Weil unburdened himself of his opinion on Gross, the assets under Gross' management had fallen to $1.25 billion, having suffered customer redemptions for five straight months, accordin...

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Nissan scraps plan to build new X-Trail model in Britain

Nissan scraps plan to build new X-Trail model in Britain

In 2016, the carmaker said it would build the new model in the United Kingdom after "assurances" from the government. "The real danger is, in the long run, we're going to see "death by a thousand ...

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RCom tanks over 48%; other group shares crash too

RCom tanks over 48%; other group shares crash too

Following Monday's plunge in Reliance Communications shares, the stock price has eroded over 99 percent from the peak seen in 2008. At NSE, shares tumbled 34.91 per cent to close at Rs 7.55. "The Co...

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Google parent Alphabet boosts revenue 21%

Google parent Alphabet boosts revenue 21%

Chief Financial Officer Robin Washington listed a number factors that could impact the company's 2019 results, including demand for higher discounts on HIV drugs from USA payers, price competition fro...

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Elon Musk shows off first firing of SpaceX's Starship Raptor engine

Elon Musk shows off first firing of SpaceX's Starship Raptor engine

Elon Musk and a SpaceX illustration of its Starship rocket on Mars. 'Initially making one 200 metric ton thrust engine common across ship & booster to reach the moon as fast as possible, ' Mus...

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Tesla to buy battery-tech firm Maxwell for US$218M in stock

Tesla to buy battery-tech firm Maxwell for US$218M in stock

In other energy news, Tesla Powerpack batteries will power more than 100 Electrify America electric vehicle charging stations across the country. Tesla does not invest lightly, as can be seen with i...

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Vice to Cut 10% Staff in Latest Media Downsizing

Vice to Cut 10% Staff in Latest Media Downsizing

The news comes after similar cuts in recent days at other digital media stars including BuzzFeed and HuffPost, raising fears of a major retrenchment in what had been a growing media segment. Vice wa...

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Canadian cryptocurrency exchange QuadrigaCX seeks creditor protection after founder's death

Canadian cryptocurrency exchange QuadrigaCX seeks creditor protection after founder's death

Jennifer Robertson, the widow of the deceased founder, suggests that Cotten was the only person in the firm to have access to funds and cold wallets and no other person had any knowledge of the same...

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General Motors disputes UNIFOR’s Super Bowl ad

General Motors disputes UNIFOR’s Super Bowl ad

It calls GM "un-Canadian", greedy and claims the company has left Canadian workers "out in the cold". GM could sue UNIFOR for an ad during Super Bowl 2019. "We are going to continue to ratchet up our ...

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Super Bowl Security: FBI Collects Drones Near Stadium

Super Bowl Security: FBI Collects Drones Near Stadium

The FBI showed off a number of drones they confiscated which they said violated that airspace. Whomever decides to buy them should think twice, because sitting in front of their TV gets them a much ...

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Ryanair reports 20m euro third-quarter loss amid weaker air fares

Ryanair reports 20m euro third-quarter loss amid weaker air fares

The airline also said that longstanding chief executive Michael O'Leary had signed a five-year contract for the role of group chief executive, as the company moves to a new structure. Shares fell 4.9 ...

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