Business

Steve Bannon May be Eyeing a Move into the ICO Space

According to sources, Bannon has discussed with a group of academics from Harvard University about launching the coin. As the man who reportedly had the ear o...


Americans Like Trudeau More Than Trump When it Comes to Trade Policy

Gardner's use of "highly charged" language like "NAFTA war" in a June 13 Globe and Mail article will command media attention to Honda's concern for jobs and t...


ECB announces plans to end Eurozone stimulus program this year

The timid move to roll back stimulus contrasted with the US Federal Reserve's rate hike a day earlier, which signalled a break from policies used to battle the ...


BHP Gives Go Ahead for $2.9 Billion Australia Iron Ore Project

The world's biggest mining company expects production to start in 2021 at the project, which is meant to replace depleting mines rather than adding new supply, ...


American farmers caught in the middle of global trade war

China has published its own list of threatened tariffs on US$50 billion of United States goods, including soybeans, aircraft and cars, and has said it wo...


Simply Be & Jacamo owner N Brown contemplates closing all retail stores

The company said it was beginning a consultation with staff on closing the stores which it expects to finish by October. Contrastingly, the report also reveal...


RAC issues plea to retailers to cut petrol and diesel prices

The supermarket is passing the savings on to motorists, as the price of oil has fallen back to £57 a barrel. "With a national pricing strategy that guarantees...


China's CK Infrastructure bids A$12.98 billion for Australian gas pipeline firm

APA says it has granted due diligence to a consortium comprising CK Infrastructure Holdings, CK Asset Holdings , and Power Assets Holdings following a proposed...


Australia Jobless Rate Eases To 5.4% In May

SA now trails only Victoria (5.1 per cent) and NSW (4.9 per cent) but is marginally above the national rate, which sits at 5.4 per cent for the fifth consecut...


Oil Prices Are Unlikely To Increase As 'Sharply' From Now On

Various sources show that "considerable uncertainty as to world oil demand and non-Opec supply prevails", Opec said, leading to a wide range of estimates fo...


Britain's Rolls-Royce is slashing 4600 jobs

Around a third of the roles are expected to leave by the end of the year, with the company saying the programme will gather "further momentum" through 2019, wit...


Trump announces 25% tariff on Chinese imports

But Steve Bannon, Trump's former White House and campaign adviser, said the crackdown on China's trade practices was 'the central part of Trump's economic...


Facebook responds to lawmakers' questions - with 500 pages of submissions

More: After Facebook hearings, users want to know: who is protecting my data? Starting July 2, Facebook will require advertisers to tell its users if an ad...


Two people killed in officer-involved shooting in downtown Kansas City

Major Kelli Bailiff, with the Wyandotte County Sheriff's Office, said the deputies were overcome and possibly shot with their own service weapon. Kansas City,...


Seattle Repeals 'Head Tax' Designed To Combat Homelessness

While some councilmembers continued to support the measure, they conceded on Tuesday that it was not worth a costly battle if so many businesses were opposed to...


In test case for gig economy, UK court backs contractor

The appeal was unsuccessful so Pimlico Plumbers appealed to the Supreme Court . They consequently appealed to the Supreme Court . As a "worker", he is entit...


Theranos founder Elizabeth Holmes charged with fraud

Theranos claimed its product could test a small drop of blood for a number of diseases, but it was never able to back that up. CNBC reports that Holmes wil...


China pledges to 'immediately' retalliate to Donald Trump's latest tariffs

Trump said in the statement that the USA would pursue additional tariffs on Chinese goods if China retaliates . "The Treasury Department believes that our ...


Computer glitch strands thousands of travelers at Charlotte airport

The problem, which began late Thursday afternoon, involved a system operated out of PSA's headquarters in Dayton, Ohio, and didn't affect other American flights...


McDonald's to switch to paper straws in U.K., Ireland

The move coincides with the UK's proposal to ban single-use plastic straws and similar products, the first country to propose such a widespread ban. The decis...