Business

Tech stocks slammed as Dow drops 600

The Nasdaq composite lost 190 points, or 2.6 percent, to 7,214. Stock trading turned jittery again after two weeks of gains, pulling the Dow Jones Industr...


Sterling pinned near 10-day lows on Brexit uncertainty

The CME group's FedWatch tool puts the probability of a December rate hike at 75 percent. The euro lost 0.18% versus the pound to trade at 86.87 pence this mo...


'Pink legacy' diamond sells world record $50 million

Pink Legacy, weighing in at just under 19 carats, was bought by USA brand Harry Winston at auction in Geneva . The stone was immediately rechristened the "Wi...


Oil prices fall after Trump calls on OPEC not to cut supply

Global benchmark Brent crude dropped nearly 7% to $65.11 (£50.24) a barrel, its lowest level since March. Both benchmarks are down 20 per cent since peaking a...


Indonesia 737 crash caused by "safety" feature change pilots weren’t told of

The automated stall-prevention system found on Boeing 737 MAX 8 and MAX 9 models is meant to help pilots avoid raising the plane's nose too high. The compla...


Falih: Saudi Arabia to cut December oil output by 500000 bpd

Novak showed no sign he was ready to act immediately and Vagit Alekperov, the CEO of Russia's second-largest oil producer Lukoil PJSC, said there's no need to...


Flipkart CEO Binny Bansal Resigns Due To Investigation

Flipkart was a David in the world of e-commerce that would give a run to Goliaths like Amazon and Google. Flipkart Group CEO Binny Bansal has resigned fo...


Apple shares drop on iPhone suppliers' warnings, Companies & Markets News & Top Stories

Following a poor forecast earlier this month, analysts and investors voiced concern over the state of Apple's business, contributing to growing worries that iP...


Amazon chooses New York City and Northern Virginia as HQ2 sites

After a year-long search in which more than 200 cities wooed the web giant for the project - and the treasure of jobs, development and tax revenue it will bring...


Close Encounter: Pilots report UFO sightings over Co Kerry

The pilot explains the team didn't fear the object was on a "collision course", but was just wondering what it could be. The Irish Aviation Authority is inv...


Oil prices climb after Saudi Arabia announces production cut

But Russia appears to need more convincing that it should be cutting production again. Meanwhile, analysts believe OPEC, led by Saudi Arabia , of course, "is...


Major oil producers to consider output cuts after price slide

United States energy firms last week added 12 oil rigs in the week to November 9 looking for new reserves, bringing the total count to 886, the highest level si...


Saudi Arabia to cut December oil exports by 500000 bpd

Iraq now pumps around 4.6 million barrels per day (bpd) of oil, second only to Saudi Arabia in the Organisation of the Petroleum Exporting Countries. "We have...


Special deals for veteran’s across East Texas

Lowe's: 10 percent off for veterans and families during all military holidays and every day for active military and their families. Bring your military ident...


Ford gets into the e-scooter craze with Spin acquisition

But after realising their bikes were only doing about one ride per day, the company shifted to scooters - and now sees each vehicle make upwards of eight trips ...


Fed leaves rates unchanged, signals December hike

The policy-setting Federal Open Market Committee kept the federal funds rate at 2.0-2.25 percent at the conclusion of a two-day policy meeting and noted that in...


Sears Closing 40 More Stores Early Next Year

The shutdowns are in addition to the previously announced closure of 142 unprofitable stores , a process that's expected to be complete near the end of the yea...


China's Single's Day sales hit 1.4 bln Dollars in first 2 minutes

Media captionAlibaba Singles Day: Dollars or data? Over the last decade, Alibaba has nearly single-handedly turned Singles Day - November 11, or 11/11 - i...


Dubai police training on flying motorbikes

The oil-rich Middle Eastern nation's police force already has an impressive vehicle fleet in its arsenal, with Ferraris and Lamborghinis among its cop cars. Hov...


Cost savings, Argos synergies boost profit at Sainsbury's | 8 November 2018

The summer heatwave helped buoy sales over the second quarter, with like-for-like growth including Argos but excluding fuel coming in at 1 per cent, up from jus...


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