Economy

Algoa FM More for petrol, diesel, paraffin and gas in March

Algoa FM More for petrol, diesel, paraffin and gas in March

The petrol price will be hiked-up by the department of energy on Wednesday after a month of glum predictions came true for Mzansi's motorists. Motorists will be paying 74 cents more per litre of...

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Tata Motors denies reports of JLR stake sale

Tata Motors denies reports of JLR stake sale

The reports of a potential stake sale drove Tata Motors shares up as much as 3.7 per cent to 184 rupees. The company is holding initial discussions with potential advisors and there is no surety of ...

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One Tesla Burst Into Flames. The Other, Sheared Off.

One Tesla Burst Into Flames. The Other, Sheared Off.

The NTSB makes recommendations to prevent crashes. Some Tesla drivers say they are able to avoid putting their hands on the wheel for extended periods when using Autopilot, while Tesla advises drive...

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$100 Million Short: QuadrigaCX Audit Can’t Account for 26K Missing Bitcoin

$100 Million Short: QuadrigaCX Audit Can’t Account for 26K Missing Bitcoin

Ernst & Young Inc. filed its third report on Friday since Quadriga Fintech Solutions Corp., which operated the trading platform, filed for creditor protection in January. "The Platform Data will assis...

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Researchers genetically modify yeast to ‘brew’ THC and CBD

Researchers genetically modify yeast to ‘brew’ THC and CBD

After much experimentation, the correct enzymes were identified to create cannabinoid CBGA, which then led researchers to produce more commercially desirable cannabinoids like THC and CBD . 'Once w...

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Tesla will finally unveil its new Model Y crossover SUV

Tesla will finally unveil its new Model Y crossover SUV

Additionally, 75 percent of the Model 3's build and design will be shared with the Model Y, and the crossover SUV will be built at at Gigafactory 1 in Nevada. Musk also dropped a few other details...

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Kraken Exchange Offers $100K Reward for Missing QuadrigaCX Crypto

Kraken Exchange Offers $100K Reward for Missing QuadrigaCX Crypto

And now, Kraken has offered to lend a helping hand. The exchange plans on doing that by paying $100,000 to anyone that provides it with information that will lead to the finding of $ 190 million ...

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Gap, JCPenney, Victoria's Secret, Foot Locker: 465 store closures in 48 hours

Gap, JCPenney, Victoria's Secret, Foot Locker: 465 store closures in 48 hours

Both the Gap and Victoria's Secret have stores in Vintage Faire Mall, and the latter also has one of its Pink brand locations in the Modesto mall, as well. The day after the Victoria's Secret an...

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$250,000 Lamborghini Huracan found abandoned in a ditch

$250,000 Lamborghini Huracan found abandoned in a ditch

A Lamborghini found crashed into a ditch in London turns out to be owned by a bitcoin investor, who laughed off the incident as his vehicle was towed to safety. 'Appreciate all those that called and m...

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Business Fast: LK Bennett poised to enter administration

Business Fast: LK Bennett poised to enter administration

The retailer operates two stores in Northern Ireland at Belfast's Victoria Square and The Boulevard in Banbridge. LK Bennett has become the latest victim of the high street downturn after announcing...

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WPP profit slumps 40% on lower sales, writedowns | 1 March 2019

WPP profit slumps 40% on lower sales, writedowns | 1 March 2019

Under his plan he hopes to bring WPP back in line with peers by the end of 2021. "Through 36 disposals since April 2018, we have strengthened our balance sheet and streamlined our business, raisin...

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SEAT to premiere first MEB-based EV at Geneva

SEAT to premiere first MEB-based EV at Geneva

SEAT has announced its new all electric vehicle, the SEAT el-Born and the auto is based on the Volkswagen Group MEB platform . "Mobility is evolving and with it, the cars we drive". He added that ...

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Revolut finance chief quits amid controversies

Revolut finance chief quits amid controversies

The newspaper added that it had seen documents suggesting that thousands of illegal transactions may have flowed through the bank's systems between last July and September following a decision to disa...

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Air France KLM shares smudged on surprise Dutch govt.’s purchase

Air France KLM shares smudged on surprise Dutch govt.’s purchase

The Dutch and French governments kicked off a four-month project Friday aimed at making Air France-KLM more competitive - and at easing tensions between the two countries after the Dutch government's ...

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Trump delivers a slashing speech to pump up Republicans

Trump delivers a slashing speech to pump up Republicans

Two men approached and one punched him during a confrontation captured on student cellphones. "Where is he? Hayden, come up here, please". "Thank you. The President brought Williams out as he made t...

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Aston Martin Valkyrie power? How does 1,160 hp sound?

Aston Martin Valkyrie power? How does 1,160 hp sound?

The naturally aspirated 6.5-liter V12 built by Cosworth produces 1,000 horsepower alone , and makes that power at 10,500 rpm. The majority of the Valkyrie's power comes from a monster of an interna...

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Turkish manufacturing activity ticks up in February

Turkish manufacturing activity ticks up in February

Total new orders edged back to expansionary territory in February at 50.2, compared with January's 47.3 and ending two months' of contraction, with output prices growing for the first time in four...

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Dutch say ready to pursue Shell over Nigeria corruption

Dutch say ready to pursue Shell over Nigeria corruption

Using market capitalization to show the size of a company is important because company size is a basic determinant of various characteristics in which investors are interested, including risk. Watchin...

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Kia, Hyundai recalling over 500,000 cars for engine issues

Kia, Hyundai recalling over 500,000 cars for engine issues

That can cause abnormal combustion and damage pistons and connecting rods. If the leakage isn't fixed, the loss of oil may result in engine damage. Autonews reports that the two automakers are rec...

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The Health of One of GOP's Biggest Donors Is 'Dire'

The Health of One of GOP's Biggest Donors Is 'Dire'

Bloomberg reported that Mr Adelson had for some time suffered from a condition called peripheral neuropathy, that makes it hard for him to walk. "These side effects have restricted his availability...

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MSCI to significantly increase weight of China A-shares in global indexes

MSCI to significantly increase weight of China A-shares in global indexes

On completion of the three-step implementation, the weighting of Chinese stocks in the MSCI Emerging Market Index will jump to 3.3 percent, from roughly 0.7 percent now. The benchmark Shanghai Composi...

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Subaru plans biggest-ever global recall over brake lights

Subaru plans biggest-ever global recall over brake lights

Subaru will instruct its dealers to replace the switch for free on the recalled vehicles. Here are the specifics. The problem has to with a brake light issue. This could interfere not just with the ...

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US Economic Growth Slows To 2.6 Percent In Q4

US Economic Growth Slows To 2.6 Percent In Q4

Due to the recent partial government shutdown, this initial report for the fourth quarter replaces the release of the "advance" estimate originally scheduled for January 30 and the "second" estimate o...

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Rolls-Royce Withdraws From Boeing NMA Race

Rolls-Royce Withdraws From Boeing NMA Race

The news came as Rolls-Royce reported a 7% rise in revenue previous year to £15.73bn (2017: £14.7bn), while operating profits doubled to £616mln (2017: £306mln) thanks to a "significant improvement" i...

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Eight hurt in aborted take-off at London airport

Eight hurt in aborted take-off at London airport

One passenger, Sam Long, wrote on Twitter that there was a "loud bang" as the plane began to accelerate and take off, followed by "huge deceleration". A Laudamotion plane had blocked the runway afte...

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$267 Million Mega Million Winning Ticket Sold in New Jersey

$267 Million Mega Million Winning Ticket Sold in New Jersey

The victor will receive an estimated $267 million annuity, or $159 million in cash. The jackpot had been rolling since it was last won on January 1, when a group of 23 NY co-workers won a $437 milli...

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Apple promises to ‘blow you away’ with upcoming products

Apple promises to ‘blow you away’ with upcoming products

In an apparent jab at Facebook Inc. and Google , Cook criticized companies that build data profiles of their users and reiterated that Apple is pushing for regulation against such practice. "As for A...

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European Union ready to give United Kingdom more guarantees Irish backstop is temporary

European Union ready to give United Kingdom more guarantees Irish backstop is temporary

There would have to be an extension that would be called "motivated" or 'technical'. British prime minister Theresa May made an enormous number of concessions to the European Union on money, regul...

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£1.6bn Wiped Out From Aston Martin Since October 2018

£1.6bn Wiped Out From Aston Martin Since October 2018

It sold 6441 units in 2018, up from 5098 the previous year, aided by the introduction of the new Vantage , DBS Superleggera and special editions of the Vanquish Zagato Shooting Brake , Vanquish Za...

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Technicals And Fundamentals:: Rio Tinto plc, (NYSE: RIO)

Technicals And Fundamentals:: Rio Tinto plc, (NYSE: RIO)

The company has a strong governance process in place and regularly reviews and refreshes its approach to climate change within the corporate strategy framework. Welles Wilder who was striving to measu...

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Cuomo Leads Push For Amazon To Reconsider NYC

Cuomo Leads Push For Amazon To Reconsider NYC

Hakeem Jeffries and Carolyn Maloney. Now, Cuomo, who joked that he would change his name to "Amazon Cuomo" if it would land the deal with Amazon, is furiously working the phones, according to a repo...

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Weight Watchers Stock Gets Walloped as Keto Diet Grows More Popular

Weight Watchers Stock Gets Walloped as Keto Diet Grows More Popular

The firm operates in four divisions: North America, United Kingdom, Continental Europe, and Other.The P/E ratio is 6.47. 44 investors sold all, 51 reduced holdings as Weight Watchers International, ...

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Lyft, in IPO filing, discloses 2018 loss of $911 million

Lyft, in IPO filing, discloses 2018 loss of $911 million

Lyft was valued at just over $15 billion past year. They would then be able to use the money to buy shares at the initial offer price in the company's IPO widely expected to happen this year, the ...

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Pakistan returns Indian pilot downed over Kashmir

Pakistan returns Indian pilot downed over Kashmir

Relations between the two countries, however, remain strained. The following day, Pakistan reportedly downed two Indian MiG-21 jets, arresting the pilot of one, while India claimed to have destroyed a...

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Calling all chocolate-lovers! Cadbury’s parent company is hiring chocolate tasters

Calling all chocolate-lovers! Cadbury’s parent company is hiring chocolate tasters

According to its website, the company is looking for chocolate tasters to help flawless and launch a new product across the globe. Afsha Chugtai, who is tasked with choosing new chocolate tasters,...

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