Finance

David Koch to Retire From Business, Politics

The 78-year-old NY resident is affected by deteriorating well being, in line with a letter that older brother Charles Koch despatched to firm officers Tuesday...


Banks hit with criminal charges

The charges involve alleged cartel arrangements relating to trading in ANZ shares held by Deutsche Bank and Citigroup. The Australian Financial Review reporte...


Delaware Burger King shuts down due to alleged rodent infestation

The inspection report said, among other things, that rodent droppings were found inside the hamburger and chicken sandwich rolls. Dr. Rattay also cited an " i...


Concern after Qantas bows to Beijing pressure on Taiwan

The White House last month slammed what it called "a growing trend by the Chinese Communist Party to impose its political views on American citizens and priva...


ZTE reportedly signs deal that would end export ban

Last year, ZTE settled the case with the USA government, promising to pay $890 million in fines and punish dozens of ZTE executives who orchestrated the illicit...


GM Amps Up Tesla Challenge With All Cadillacs Getting Hands-Free Drive

GM is "committed to ushering in a new era of personal transportation, and technologies like these will enable it", Reuss said in a statement . Launchd past yea...


Congress has few options to stop Trump from saving China's ZTE

The move was a direct result of ZTE selling to Iran and North Korea in direct violation of an April 2017 agreement that had ZTE promise to not sell to the afore...


Italy Politics: Italy PM calls European Union immigration policy a failure

Conte addressed the Senate, flanked by the leaders of two formerly fringe parties that had shoved aside mainstream parties at an election in March to form a coa...


Oil Prices Diverge as Venezuelan Output Approaches Crisis Mode

A pump jack lifts oil out of a well, during a sandstorm in Midland, Texas, U.S., April 13, 2018. However, the dip was short-lived as prices picked up a bid af...


Heinz plans to rename Salad Cream as 'sandwich cream'

The company said that only 14 per cent of buyers use the sauce on salads, and suggested that its 104-year-old name no longer reflected its objective. Kraft Hei...


European Union sets July timeframe for U.S. tariff reprisals

The European Union originally drew up the list in March but pledged not activate it unless US President Donald Trump followed through on his threat to impose 25...


Ethiopia Will 'Fully Accept' 2000 Peace Agreement with Eritrea

Ethiopia on Tuesday cut short a state of emergency imposed after the resignation of the former prime minister, a move hailed as a positive sign the new governme...


Monsanto will scrap its notorious name after acquisition by Bayer

German pharmaceutical company Bayer AG said Monday (June 4) that it plans to complete its purchase of USA seed and weed-killer maker Monsanto Co. this week af...


Reserve Bank of India hikes key interest rate to 6.25%

The Reserve Bank's six-member MPC (monetary policy committee), headed by governor Urjit Patel, hiked the repo rate by 25 bps (basis points) or 0.25 per cent t...


Government to provide Rs 8000 crore package for sugarcane farmers

Cane arrears is seen as the central issue that led to the BJP's loss in the recently concluded crucial by-elections in Kairana, Uttar Pradesh - the largest ...


IHOP changing name to IHOB, people are flipping out

Find out what it could b on 6.11.18. The company also posted a Twitter poll with four options on what the "b" could stand for, asking customers to choose be...


Elon Musk remains chairman of Tesla's board of directors

Elon Musk has survived a bid to strip him of a key role at Tesla as shareholders re-elected three directors to the electric vehicle maker's board. The Model ...


DNA testing service MyHeritage says 92 million customer email addresses were exposed

The company announced the breach on its blog, explaining that an unnamed security researcher contacted them to warn them of a file he had encountered "on a pr...


Hudson's Bay to close Lord & Taylor's flagship NYC store

The department store chain's parent, Hudson's Bay Co ., is selling Gilt Groupe to Rue La La, according to the companies. HBC's first-quarter loss nearly doub...


Google Staff AI Revolt Puts Pentagon Cloud Deals in Jeopardy

Since the project was announced in March, about 4,000 Google employees have signed a petition demanding clearer policy that "neither Google nor its contractor...


Trump considering separate trade deals with Canada, Mexico: Kudlow

The Mexican peso dropped sharply versus the dollar early Tuesday after top White House economic adviser Larry Kudlow suggested the U.S. could engage in separa...


Trump, dairy farmers broaden attacks on Liberals as speedy metal tariffs urged

He gave Canada and Mexico exemptions in hopes of bolstering the on-going NAFTA negotiations between the three countries. Mexico is levying import taxes on USA...


American Airlines Airbus jet emergency landing with cracked windshield

Another plane finished the trip to Phoenix a few hours later. Reports said the plane's nose and windshield were damaged during the flight. Esparaza said pas...


British PM tells Trump steel tariffs are 'unjustified'

And Labour MP John Mann suggested the United Kingdom should impose tariffs on overseas golf club owners in Scotland, where Mr Trump owns a course near Aberdeen....


Sky takeover: United Kingdom clears way for deal to proceed

Hancock, however, said that a bid from 21st Century Fox cannot be approved until the media giant has provided adequate plans for the divestment of Sky's new...


Qatar Air CEO Says a Woman Could Never Do His Job

Qatar Airways has been blocked from flying to 18 cities in Saudi Arabia , the United Arab Emirates, Bahrain and Egypt since June 2017 when those countries cut...


Northern Rail Boss Faces Questions Over Travel Chaos

We say to Prime Minister Theresa May: if, as he did last week, your Minister refuses to acknowledge his failings and refuses to accept responsibility for the in...


Oil climbs, but record United States crude output, higher Opec supplies drag

Brent crude futures added 15 cents, or 0.2 percent, to $75.44 a barrel at 0020 GMT, after settling down 2 percent at $75.29 a barrel on Monday. But unforeseen...


Rival bank ups offer for Virgin Money as deal edges closer

News of CYBG's interest in Virgin Money originally surfaced at the start of May when the firm made a preliminary approach valuing the company at £1.6bn, with ...


Here are the highlights from Apple's 2018 Worldwide Developers' Conference

Apple seems to be taking a leaf out of Google's Android playbook and offer search commands based on locations, events and people. In other words, we're...


Petrol, diesel prices cut marginally on Tuesday

There is some good news for Aussie drivers as petrol prices have started to fall around the country. Prices vary from state-to-state depending on local sales ...


Plank Rd. On CAA Worst Roads List

Burlington Street in Hamilton was once again named the worst road in Ontario, and earning that title again next year would bring the road even with Dufferin Str...


Lotus Boss Jean-Marc Gales Quits Carmaker "For Personal Reasons"

While he'll leave the role of CEO, Gales will become an adviser to Daniel Donghui Li, Geely's chief financial officer and Lotus' chairman. Feng will certainly...


Starbucks closed early for anti-bias training

Johnson said executives at other companies have asked him about the training, which he said he sees as validation for Starbucks's efforts. Al Jazeera's Gabr...


WWE Announces The Undertaker's In-Ring Return At MSG

Then, he showed up at the event and essentially squashed Cena in a short match to leave WrestleMania victorious and riding high once again. Now, the former ...


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