Finance

Patisserie Valerie finance boss arrested on suspicion of fraud

The finance boss of Patisserie Valerie has been arrested on suspicion of fraud. The firm is also looking to raise another £15m by issuing new shares. "Th...


U.S. lawmakers urge Canada to snub China's Huawei in telecoms

Rubio and Warner say they are anxious about "Canadian national security" and damage to the "Five Eyes" joint intelligence project. A letter from the two Senat...


Salesforce-Backed Anaplan Sees Shares Soar After IPO

Anaplan's stock rose on Friday in the cloud software vendor's first day of trading as it raised the millions it will need to challenge enterprise technology hea...


UK, France and Germany call for 'credible' Khashoggi probe

Saudi Arabia has rejected any "threats" of economic sanctions or political pressure from the global community over the case of missing journalist Jamal Khashog...


UK govts plan to tackle obesity: Pizzas must shrink or lose toppings

A PHE spokesman said the pie and pizza plans were at an early stage, and targets could change before the publication of the guidance next spring. Duncan Selbi...


Trump, Kudlow sing different tunes on the Fed amid market drop

It is often tied to higher costs of borrowing for the federal government, which can spook investors. The Fed has been raising interest rates gradually since...


Trump against cancelling $110 billion arms deal with Saudi Arabia

February 1, 2015 file photo of Saudi journalist Jamal Khashoggi in Manama, Bahrain. Citing anonymous sources, the Washington Post reported Friday that T...


Despite global oil demand going down, prices may not follow the trend

West Texas Intermediate crude for November delivery advanced 37 cents to end the session at $71.34 a barrel on the New York Mercantile Exchange. Data released ...


Mortgage rates leap to 7-year highs; 30-year at 4.9 percent

A one-percentage-point rise in rates can cost a buyer hundreds of dollars a month, a shock for those who have gotten used to rates of 4% or less for years. As a...


Chinese stocks drop to four-year low

Meanwhile, the CSI 300 index also falls by 4.8% at the close to its lowest level since 27 June 2016. Hong Kong did not fare much better, with its benchmark ...


Fracking Can Go Ahead In Lancashire

Mr Dennett, who claims Lancashire County Council's emergency response planning and procedures in relation to Cuadrilla's Preston New Road site are inadequate, i...


Based beauty brand Deciem to close all stores, founder says

In the caption of the video , he also wrote a lot of incomprehensible sentences, and called out some major Hollywood stars - although it's not known what he'...


Auto groups condemn grant cuts for electric and hybrid vehicles

The firm noted that under the new WLTP test regulations, only hybrids offering "real-world efficiency and a usable EV range" would qualify for the grant. The su...


USA draws China FX into trade dispute as International Monetary Fund calls for resolution

However, Mr Yi said China's economic growth would still comfortably reach its full-year target of around 6.5 per cent, with the possibility of overshooting, add...


Gold inches up as retreat of bond yields weigh on dollar

Yields on 3-year notes have recently traded just above 3 percent, providing long-absent competition for investment returns with equities. The 30-year yield rose...


Bitcoin, Ethereum, Ripple and IOTA bleed - what could be the reason?

Bitcoin prices peaked in late 2017 to nearly $20,000. Early on Friday, Ripple ( XRP ) plummeted 7.9% compared to Thursday to trade at around 39.13 cents. But...


Woman Removed From US Flight For Bringing ‘Emotional Support Squirrel’ On Board

The airline says that although Torok had, in fact, noted in her reservation that she would be traveling with an emotional support animal , she did not indica...


Mega Millions jackpot rises to $654 million after no one wins Friday

The jackpot for the Mega Millions drawing is at $548 million - its third-largest in history. The chance of matching all six numbers and winning the jackpot ...


Judge Considers Reducing Monsanto Punitive Damages in Roundup Cancer Lawsuit

The evidence at trial was "more than sufficient to support an inference" that Johnson's cancer was caused by his exposure to Monsanto's herbicides, the attorney...


Fast tracking tax relief for small and medium businesses

Under the plan, announced on Thursday, the government will lower the tax rate for businesses with an annual turnover of less than $50m from 27.5% to 25% by 2021...


Oil Prices Fall To Two-week Lows

Brent crude reached a four-year high of $86.74. The ICE Brent crude futures were increased by 94 cents per barrel or 1.19% from $79.74 per barrel, while the ...


BMW to spend $4.1bn to take control of its China venture

BMW's request to take control of BBA came after the Chinese central government announced in April it would scrap foreign-ownership limits on local auto firms a...


Theresa May verging closer to Brexit deal but is facing cabinet resignations

The deal believed to be on the table involves keeping the whole United Kingdom in an "arrangement" that effectively preserves the existing EU customs union, ens...


Fly Changi to NY with Singapore Airlines

Senior Singapore Airlines executive Campbell Wilson said the Airbus A350-900ULR consumes 25 percent less fuel than an older generation aircraft of the same ...


Here is what analysts had to say about September's retail inflation

In urban areas, the inflation rate was 4.31%. India's retail inflation rose marginally in September, nudged up by food and fuel prices, but short of the cen...


Oil prices: IEA, OPEC weigh in with forecasts

Following a big production increase in the last six months, the oil markets appear to be "adequately supplied for now", but the industry is coming under strai...


The passengers are ready for the world’s longest flight

The brand-new Airbus A350-900ULR will depart from Changi Airport and land in Newark's worldwide airport in New Jersey. Qantas has managed to slash nearly ...


Boston Dynamics’ Atlas robot learns parkour for insane new video

This video is an indication that now the robots are capable of chasing you on the stairs as well as performing some necessary gymnastic-level backflips as wel...


How To Tell If You Were Impacted By Facebook's Latest Hack

An additional 14 million people had that information breached; as well as other details from their profile, including the device types they use to access Face...


Police arrest ZCTU protesters, Harare in lockdown…2 % Tax Demo

In an interview yesterday, Home Affairs and Cultural Heritage Minister Cain Mathema said they wanted to abide by the law. "We hear that there are some who wan...


International Monetary Fund chief defends Powell after Trump says Fed has 'gone crazy'

Three have PhDs in economics and three have law degrees. "Interest rates are still accommodative but we are gradually moving to a place where they will be neutr...


Social Security Benefits to Get 2.8% Boost in 2019

Social Security will provide a 2.8 percent increase in benefits next year, marking the largest increase for retirees since 2012. According to CBS, that's $3...


Trump warns he could do ‘a lot more’ on China trade

China's trade surplus with the United States was $225.79 billion from January-September. The news comes after the Trump administration imposed tariffs of $200...


Financial Times reports: UK PM Theresa May says Brexit deal is close

But Theresa May hopes to convince sceptical ministers, several of whom expressed concern about the idea at an informal meeting in No 10 on Thursday, that the ...


Tory-DUP war of words over Brexit intensifies

Penny Mordaunt, the global development secretary, and Esther McVey, the work and pensions secretary, and Andrea Leadsom have the most significant concerns over ...


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