Finance

Constellation Brands (STZ) Q1 Earnings Miss Estimates

Constellation Brands shares have added about 1.6% since the beginning of the year versus the S&P 500's gain of 1.6%. Xact Kapitalforvaltning AB grew its positi...


Tesco and Carrefour join forces to keep prices down

Tesco has said it is planning a "long-term, strategic alliance" with French supermarket chain Carrefour, as the retail giants try to cut costs in the face of in...


Largest U.S. business group attacks Trump on tariffs

With some of America's tightest trading partners imposing retaliatory measures, Trump's approach to tariffs has unsettled financial markets and strained relatio...


Tata Steel and Thyssenkrupp agree merger deal

Yearly sales are expected to be around £13bn. This is a significant milestone for Tata Steel and we remain fully committed to the long-term interest of the join...


Iran vows to thwart United States efforts to block its oil exports

Iran reacted to that tweet moments later saying Trump's request was no different to asking the Kingdom to leave the oil cartel. Referring to reports that Saud...


Saudi King made no promises on oil production despite Trump's request

Ardebili. A source familiar with Saudi Arabia's production plans told Reuters earlier in the week of the kingdom's intention to increase output by 200,000...


Canada tariffs on U.S. goods from ketchup to lawn mowers begin

He said he could quickly sign an agreement with Mexico and Canada, "but I'm not happy with it". The Canadian government is retaliating against US aluminum a...


Tata Steel Ltd updates on European Steel Joint Venture

According to the filing, the formal execution of the definitive agreements is expected shortly. The merger, if approved by regulatory agencies, will create Eu...


US will sanction European companies in business with Iran

The United States will sanction any European companies found doing business with Iran, Donald Trump said during an interview aired on Sunday. Trump announ...


Another petrol hike on the cards in July

The AA concluded by saying: "The taxes account for up to one-third of the petrol price". Motorists can brace themselves for yet another fuel price hike this...


Dow surges almost 300 points as Nike hits all-time high

The S&P 500 is up 44.76 points, or 1.7 percent. The S&P 500 index climbed 16.68 points, or 0.6 percent, to 2,716.31. Consumer discretionary and info tec...


Amazon wants entrepreneurs to open small-scale delivery services

Contractors don't have to lease the vans, but if they do, those vehicles can only be used to deliver Amazon packages, the company said. Amazon has been do...


Tesco begins checkout-free mobile payment trial

Should Tesco open more cashless stores, customers could expect to see shorter queues as shoppers tap and go. The store is in a Tesco Express convenience store...


GM Warns Trump’s Tariffs Will Force Job Cuts, Hurt Competitiveness

The carry-on effect of less investment and a smaller workforce could delay breakthrough technologies and threaten USA leadership in the next generation of autom...


300 cash machines are shut down each month

This change will be made over the course of four years, starting on Sunday. Close to 700 bank branches have shut their doors during the first six months of 20...


Japanese rocket loses thrust, explodes after takeoff

While no injuries were reported, the incident struck a major blow to Japan's plans of sending a private rocket into space. Interstellar Technologies, the comp...


Canada's Import Tariffs On U.S. Goods Go Into Effect

Speaking in Leamington, Ont., this morning, Trudeau thanked residents and Canadians for always standing up for one another and for Canadian values. Both Canadia...


Elon Musk demonstrated the process of robotic Assembly Model 3

Potter Tom Edwards runs pottery business Wallyware and sells ceramic items featuring his designs and artwork. In February 2017, Musk tweeted the (now dele...


UK First-Quarter Growth Revised Higher

However, despite the upward revision to the first quarter's growth figures, the growth rate for the 12 months up to the end of March this year remained unrevise...


Tesla Scrambles to Meet Elon Musk's Model 3 Promise

The company had Year Ago Sales of 2.79 Billion. Tesla's other production facility in Nevada is planned to become the largest building in the world, Musk ann...


Indian motorcycle maker considers moving some production to Europe

Pauls Business Journal . Polaris Industries , the renowned manufacturers of the Indian Motorcycle , are considering moving some of their manufacturing for ...


Coast Guard still searching for cruise ship crewman lost overboard

The search and rescue operation is now being aided by an Air Station Miami HC-144 Ocean Sentry airplane crew approximately 28 miles northwest of Pinar del Rio...


Trump says Saudi Arabia has agreed to increase oil production

Trump said in a tweet, citing a phone call with Saudi King Salman. This is while world oil prices have climbed higher as the Trump administration has pressure...


Find out what's open Canada Day weekend

Osborne Street from River Avenue to McMillan Avenue at Confusion Corner will be closed to traffic from noon Saturday until 6 a.m. Monday to make way for Canada ...


Quick Take: Xiaomi Prices IPO Stock at Bottom of Range

China Tower, the world's largest mobile mast operator, has won approval for a Hong Kong IPO that could raise up to $10 billion. The IPO means Xiaomi , a se...


U.S. GDP revised down to lackluster 2% rate in Q1

As a result, inventory investment was neutral to first-quarter GDP growth instead of adding 0.13 percentage point as reported last month. Business investment,...


Saudi King Said Will Boost Oil Output If Needed, Says White House

They also discussed "efforts by the oil producing countries to compensate for any potential shortage in supplies", it added. It did not elaborate. Mr Trump tw...


Man Arrested for Threatening to Kill US FCC Chairman's Family

The email also listed the names and addresses of several preschools in the area, though Pai's children did not attend any of them, officials said. One allegedly...


Homebase to axe 303 support centre jobs after buyout

The reported job cuts come amid speculation the company is considering a company voluntary arrangement (CVA). Sources told the Press Association that restruct...


Eurozone Inflation Climbs To 2% On Oil Prices

Stripping out volatile items like energy, food, alcohol and tobacco, the inflation rate actually declined, to 1 percent from 1.1 percent. That has hit French ...


Enbridge shares jump after Minnesota regulators approve Line 3 pipeline route

The pipeline will add about 375,000 barrels per day of export capacity into the United States when it comes on stream in late 2019 or early 2020, a boost that i...


More GST Rate Cuts on the Cards

Prime Minister Narendra Modi ruled out single tax rate under the new indirect tax regime. "It would have been very simple to have just one slab but it wou...


Bitcoin prices hit lowest level since November 2017

So while this argument may have been true at one time , as solutions like SegWit and Lightning Network see increased adoption, Bitcoin adoption is likely t...


China's Xiaomi prices Hong Kong IPO at bottom of range: IFR

House of Representatives overwhelmingly passed a bill to tighten foreign investment rules and the Trump administration threatened sanctions on countries that ...


Sarah Huckabee Sanders to receive Secret Service protection

Reginald Scott Lee, 51, of Martinsburg, was arrested and charged with littering and disorderly conduct after allegedly throwing the chicken feces outside the Re...


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