Finance

World Reacts as UK Lawmakers Reject Brexit Deal for Third Time

Nobody really knows for sure. Last Wednesday, MPs held indicative votes on eight separate Brexit policies, but none commanded majority support. Brexit was a y...


U.S. Holds 'Constructive' Trade Talks with China

The White House also reported "progress" in what it termed "candid and constructive discussions", saying the trade talks would resume in the USA capital on Apri...


Lyft goes public, now trades at $82 per share

Co-founders Logan Green and John Zimmer talked about their early vision of the company and their commitment to providing alternatives to individual vehicle ...


Geely takes 50% stake in Smart from Daimler

BMW recently said it would make its Mini in China , where production costs are low and demand is rising for EVs. "All jobs will be sustained through our new ...


Sony Former President Kaz Hirai To Retire For Real In Summer

He stayed in that position for six years before stepping down and handing the reins to Kenichiro Yoshida, who still holds the title today. 'Since December 2...


Allegations of money-laundering: Swedbank sacks CEO, share trading halted amid scandal

Later, Thursday, the Swedish Bankers' Association, which represents banks and financial institutions in Sweden, stripped Bonnesen of her role as chair of the bo...


US Q4 GDP revised down; profits weak

With these revisions, final sales to domestic purchases, a gauge of domestic activity was downwardly revised to 2.1 percent, lowest since the first quarter of 2...


Google Finally Pulled Conversion Therapy App After LGBTQ Backlash

Sometimes, you just need go viral to incite change. Google has deleted a controversial app from its Play Store which encouraged young people identifying a...


Renault wants merger with Nissan and Fiat Chrysler

Renault, Nissan and FCA all declined to comment on the report. The FT said that its sources had indicated the recent creation of a new Alliance board led...


Kia’s Brawny Mohave Masterpiece Makes World Debut

What we can see so far are the use of LED lighting at both ends, incorporating a version of Kia's "ice cube" signature at the front. Manohar Bhat, head of m...


Sports Direct considers 61 million pound offer for Debenhams

The department store chain is now trying to raise up to £200m from existing lenders. Shares in Debenhams rose 42% on Tuesday though the department store cha...


Ashley lashes out over Debenhams snub

The group added any proposal from Sports Direct must provide an indication of the offer price, a clear plan of how Debenhams' existing debt will be repaid a...


Turkey rejects US pressure over Russian S-400 missile deal

Some parts are being made in here in Turkey . The U.S. has been attempting to push Turkey for a reappraisal of its decision pointing that this step would t...


Canada’s trade deficit shrinks slightly in January, still second-biggest on record

January exports were $207.3 billion, $1.9 billion more than December exports. Trump may yet have difficulty achieving his goal of a sustainably lower deficit ...


The world's top 10 airports 2019 have been revealed

Changi Airport , which has been named the world's best airport for the seventh straight year, is already planning its next big project - the upgrading of Term...


Chinese Owners of Grindr to Sell Due to 'National Security Risk'

Though CFIUS is supposed to be involved in the review process of American companies going through foreign mergers and acquisitions , Kunlun twice bypassed the ...


Britain rebukes Huawei over security failings, discloses more flaws

The board - which includes officials from Britain's GCHQ communications intelligence agency - said in the report that the company had made "no material progre...


Women earn 12.8% less than men in Singapore: Glassdoor

A tighter labor market, increased labor force participation by women, and greater awareness of the gender pay gap all likely contributed to the shift, the rep...


Lyft prices IPO at $72 a share, valuing company at $24B

Lyft Inc was valued at US$24.3 billion (RM99.1 billion) in the first initial public offering (IPO) of a ride-hailing startup yesterday, raising more than it ha...


EU Calls for Increased 5G Security, Ignores US Calls to Ban Huawei

Washington has been lobbying allies in Europe to shun the Chinese telecoms equipment maker over concerns about cyberespionage. But European Commission Vice-...


Reserve Bank keeps interest rates unchanged

The New Zealand dollar has fallen sharply on the news . Tuffley says a key point of uncertainty is whether 2019 growth will recover from a "patchy" 2018, as t...


Ferries to Sunshine Coast halted after vessel hits dock at Langdale terminal

A British Columbia ferry loaded with passengers and vehicles bound for the Sunshine Coast was involved in a docking accident on Tuesday morning. BC Ferries said...


Coles partners with Ocado to boost its online grocery shopping business

Ocado has announced a tie-up with Australian retailer Coles , which will see the latter adopt the online specialist's Ocado Smart Platform to develop its o...


WOW Airlines Cancels All Flights, Strands Passengers At Logan Airport

Passengers are instructed to check with other airlines for "rescue fares" and to activate ticket protections, if available. "With flights and holidays cancell...


Global energy demand rose by 2.3 per cent in 2018: IEA

Global energy consumption was up 2.3% in 2018, roughly double the average annual growth rate since 2010. Demand for natural gas increased the most, specific...


Apple’s credit card - Made of titanium, but can’t tap-to-pay

The latest offense from Apple is in the News + app . When Apple does something, other companies tend to follow. The new lineup will include popular ch...


Oil prices drop almost 1% on concerns US recession may be looming

USA crude added 72 cents at $59.54. 'The oil market was anxious about a global recession, and now we're kind of shaking that off and thinking that if the US...


Air Asia apologises for 'Get off in Thailand' ad

Air Asia has responded... A grassroots campaigner from a movement called Collective Shout in Australia posted her comments on Twitter after spotting a bus a...


Is timing right for a New Yorker to claim Wednesday's Powerball jackpot?

Powerball players will have the chance to win the fourth-largest lottery jackpot ever in the USA when the next drawing is held Wednesday night. Here's a few thi...


10-Year vs 1-Month Inversion Persists

Stock markets across the globe took a heavy beating on Monday as fears of United States recession loomed large among investors after the U.S. 10-year treasury...


Global coal use up by third as greenhouse gas emissions rise

Natural gas growth was especially pronounced in the US and China , the IEA found. Coal use in power stations was up by almost a third, and together gas ...


Stocks take a tumble as USA recession risk flashes ‘amber’

U.S. stock futures rose, with E-Minis for the S&P 500 tacking on one-third of a percent. Markets have been rattled since Friday, when the 3-month U.S. Preside...


Apple 7, 8, 10, Xs and Xr infringes Qualcomm patent

In a separate decision issued by the ITC, the commission rejected Qualcomm's complaints that Apple infringed on a patent that deals with a battery-saving feat...


Aston Martin teases DBS GT Zagato

They're only making 19 of these , and remember, if you want to be part of the lucky few, you have to pony up roughly $8 million for the pair. The DBS GT Zaga...


China, EU 'advancing together', says Xi, amid US tensions

Noting that the keynote of France-China comprehensive strategic partnership is cooperation, the French president extended his country's congratulations to the...


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