Finance

Versace sold to Michael Kors in $2.1 billion deal

She said she has "always admired" Michael Kors chief executive John Idol, and the family believes that being part of the group is "essential to Versace's lo...


Canada not making concessions needed for a NAFTA deal, says U.S.

The U.S. wants to eliminate the Chapter 19 panels, while Canada sees them as a crucial guarantee of fairness. "If Canada comes along now, that would be the best...


Office 2019 is now available on Windows 10 and macOS

And if this release is confusing to you, take heart: It's confusing to just about everyone, myself included. In the latest, at Ignite 2018, the company has ju...


Comcast shares slide over concerns about Sky price tag

Roberts. We couldn't be more excited by the opportunities in front of us. "With Disney/FOX potentially selling its Sky stake (worth ~$15.5B based on Comcast's o...


Facebook's Woes Grow As Instagram Co-Founders Reportedly Bail

Koum's departure in May led to a reshuffling of Facebook's executive ranks. They said: "Mike and I are grateful for the last eight years at Instagram and six ...


China accuses USA of 'trade bullyism' amid escalating dispute

Defiant in the face of increasing fears about the impact to the USA economy, Trump has threatened to go after all imports from China if the country refuses to c...


Oil jumps as market tightens, more gains seen

Iran disagreed and Kazempour maintained that position on Monday. The message from Saudi Arabia , the biggest producer in the Organization of the Petroleum Ex...


White House: Rosenstein, Trump Talked; Will Meet Again Later in Week

Deputy Attorney General Rod Rosenstein's visit to 1600 Pennsylvania Avenue this morning sparked a false alarm about the No. 2 Justice Department official bein...


Sirius to Acquire Pandora in $3.5 Billion Online Radio Deal

If you're a Pandora or SiriusXM user, what do you think about this acquisition? Competitors include privately held streaming service Spotify and tech gian...


Barrick Gold agrees to buy rival Randgold in all-share deal

The deal value, at 48.5 pound-a-share, matched Randgold's market capitalization as of Friday's close. Under the terms of the deal, each Randgold shareholder w...


Iran to continue exporting crude despite fresh USA sanctions

We could see those OPEC countries with available spare capacity led by Saudi Arabia , to increase production a little, but this should not completely offset ...


Six Flags Fright Fest 30-Hour Coffin Challenge

Six Flags described them as "deluxe, 2'x7', slightly used coffins". Coffin dwellers will be allowed to bring a friend along during Fright Fest operating ho...


Michael Kors snaps up Italy's Versace

The news of the imminent Versace sale was first reported by Italian daily Corriere della Sera earlier on Monday. The Versace family, which owns the remainin...


Saudi energy minister rips Trump tweet: 'I do not influence oil prices'

UAE Energy Minister Suhail bin Mohammed Faraj Faris Al Mazrouei said as the market is right now in "good condition", the UAE would not overuse its spare product...


Porsche ends diesel production for good

German carmaker Porsche has stopped manufacturing diesel models in the wake of parent company Volkswagen's emissions scandal. As a result, carmakers aro...


Michelle Guthrie 'considering legal options' after being sacked by ABC board

ABC managing director Michelle Guthrie has been sacked. Guthrie, who had been with the broadcaster since 2015, will be replaced by the current director of ...


Florida student pilot charged with attempt to steal plane

According to Melbourne police, Sankat is a senior at the Florida Institute of Technology, where he enrolled in 2014 and eyed a graduation in 2019, according t...


Supermarket chain removes Australianstrawberries after needles found

Maintaining that no injuries or illness caused by contaminated fruit have been reported in New Zealand, Countdown also recommended that any Choice brand fruit i...


Ripple rallies on optimism the cryptocurrency finds a home

But now, things suddenly looked good for Ripple in the last 24 hours. The XRP community wants to know how long this pace can continue and whether the last f...


UK PM May's team draw up contingency plans for November snap election

He followed it up by posting a photograph on Instagram of he and Mrs May looking at cakes with the caption: "A piece of cake, perhaps?" Mr Tusk wrote alongside ...


OPEC, Russia rebuff Trump’s call for immediate boost to oil output

West Texas Intermediate crude for October delivery fell 8 cents to 70.24 dollars a barrel. Iran, OPEC's third-largest producer, has accused Trump of orchest...


Danske Bank CEO Resigns After Bank Caught Laundering $234 Billion USD

Danske Bank risks heavy fines. LONDON/COPENHAGEN, Sept 21 (Reuters) - Danske Bank's money laundering scandal spread on Friday as Britain's National Crime A...


Coca-Cola Is Eyeing the Cannabis Market

In the coming months, cannabis should remain highly relevant as new companies continue to see massive gains throughout the market. Aurora Cannabis Inc. Ca...


Iran's Oil Exports Rapidly Decline As Other Producers Fill The Void

Trump's comments come ahead of the Organization of the Petroleum Exporting Countries meeting with Russian Federation and other big producers for the World Oil ...


Uber in talks to buy food delivery firm Deliveroo

Under CEO Dara Khosrowshahi , Uber has redoubled its efforts around food delivery ahead of a planned 2019 IPO. London-based Deliveroo was a year ago valu...


Cathay Pacific airline takes plane back to the painters after spelling mistake

A spokesperson for Cathay Pacific told CNN Travel: " We did not intend to make it a big fuss in the first place, but photos went viral within the aviation e...


Emirates, Etihad airlines deny reports of merger

Etihad was long touted as Abu Dhabi's answer to Emirates and the two airlines fought each other for ascendancy, backed by their rulers. According to Bloomberg ...


It's high times for soaring marijuana stocks on Wall Street

Sentiment was mixed, with some traders betting on further gains for the stock while others felt it was ripe for a reversal. Kennedy said pharmaceutical compan...


Province increasing GO Train services

Ontario's Government for the People is keeping its promise to get people moving faster by adding GO train service to reduce congestion in the Greater Toronto an...


Tesco unveils Jack's to compete with Lidl and Aldi

With the new chain, Tesco has to walk a fine line, challenging the discounters while avoiding cannibalisation of its main store brand with lower prices . C...


Comcast outbids Fox for broadcaster Sky

Comcast beat Rupert Murdoch's Fox in a rare blind auction process set by the UK's Takeover Panel. It is a blow to 87-year-old media mogul Murdoch and the US m...


Battle for Sky TV to be decided by one-day auction

The panel's ruling sets the scene for an auction that begins at 5pm on Friday and ends the next evening, as all sides involved in the process agreed to waive us...


Audi holds E-Tron party, takes aim at Tesla

The advanced construction of the Eagle F1 Asymmetric 3 SUV reduces treadwear, Goodyear said, adding that the tire is demonstates optimized braking and handlin...


Nearly 133,000 pounds of ground beef recalled due to E. coli outbreak

Cargill is now recalling more than 132,000 pounds of ground beef packaged on June 21 , which had subsequently been shipped to retailers nationwide. The Food ...


Baked before boiled, lobster farm using marijuana to ease trauma of cooking

Charlotte Gill, owner of Charlotte's Legendary Lobster Pound in Southwest Harbor, told the Portland Press Herald that she had been looking for a way to reduce t...


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