Business

Petronas to acquire 25% equity in LNG Canada project

Figures of the deal were not revealed, however, the project itself is set to cost approximately CAD$40bn in total. "Petronas is in Canada for the long-term an...


MSCI includes 200-plus Chinese A-shares into Emerging Markets Index

The firms are predominantly blue chips such as SAIC Motor Corp and liquor maker Kweichow Moutai Co Ltd. "If full inclusion were to happen, China equities co...


Google reportedly won’t renew its controversial military AI contract

Some employees apparently didn't buy it, and around a dozen quit - thousands more signed a petition protesting the company's involvement. Project Maven, w...


Trump appears to comment on jobs report before its official release

President Donald Trump appeared to break decades of protocol early Friday morning when he teased the release of the May jobs report. "I would say not - in bus...


Porsche gets wedged under another auto in Sydney valet parking mishap

Another onlooker, Jonathan Bouzaid , posted pictures of the scene on his Instagram page, and speculated the valet may have been unfamiliar with the sport...


New socialist prime minister wants to 'transform' Spain

Mr Sanchez secured 180 votes out of 350, with 169 votes against the motion and one abstention. Rajoy, a perennial survivor in Spanish politics, conceded defeat...


Ticketfly’s Website Taken Offline After Hacker Intrusion, Customer Data Compromised

EZEvent , which provides primary ticketing services for events large and small in competition with Eventbrite , reported a booming operation Thursday as event ...


Google won't renew drone AI contract with Pentagon

For the past several weeks, Google has been embroiled in a scandal over a Department of Defense contract. The Global Combat Support System's function is not dis...


Investigation underway after passenger 'masturbated during entire flight'

The San Jose Fire Department later confirmed the entire incident may have been caused by a passenger who was allegedly smoking in the lavatory. In addition to...


Warren Buffet reportedly offered Uber a $3 billion investment

A Berkshire investment in Uber would have looked similar to Buffett's $5 billion deal with Goldman Sachs , Bloomberg said. Including a divestiture and a jo...


Regina seeking input on standards for Uber and Lyft

The court, ruling in the case of drivers for a Southern California package delivery company, said workers must meet all of three criteria in order to be class...


Euroskeptics jubilant as Italy prepares to form western Europe's first populist government

The leaders of two populist parties, Italy's anti-migrant League party and the anti-establishment 5-Star Movement, earlier announced they had reached a deal t...


USA unemployment falls to 3.8% in May, lowest in 18 years

And the unemployment rate dropped to 3.8%, the lowest rate since the late 1960s. Economists polled by Reuters had forecast non-farm payrolls increased by 18...


Trump defiant on tariffs, touts job numbers

According to the FM, the Canadian authorities are planning to slap dollar-for-dollar tariffs on the U.S. with import taxes on steel, aluminum and such goods as ...


Chick-fil-A restaurant in CA will pay employees $17 an hour

This also puts Mason's store well above California's minimum-wage law, which is one of the U.S.'s most generous: It's now set at $11 per hour, and that hourly r...


Trump expected to hit Canada, Mexico, EU with steel and aluminum tariffs

Mexico said it was imposing wide-ranging "equivalent" measures, ratcheting up tensions during talks with Washington to renegotiate NAFTA and ahead of the USA m...


Trade tensions, oil price seen as threat to global growth

The Turkish economy grew 5.2 percent in 2014, 6.1 percent in 2015, and 3.2 percent in 2016. "While this certainly will serve as a boost to Istanbul's role as ...


European Shares To Open On Subdued Note Amid Italy Worries

Exiting the single currency is not explicitly on the agenda. Savona, an 81-year-old economist, had said previously that Italy should have a contingency plan to ...


Deutsche Bank CEO tells staff he's 'sick and tired' of bad news

Shares in Deutsche Bank gained about 2% early on Friday, after a losing 7% on Thursday. However, the status was only revealed yesterday after a report in The...


US Plans to Shorten Length of Visas of Specific Chinese Citizens

The White House's latest move signals the more hawkish wing of Trump's trade team is trying to amplify its hard line, after Treasury Secretary Steven Mnuchin...