Business

Will Turkey's economic woes reach Europe?

Markets believe that the Turkish issue has reached a magnitude that could well see the European Central Bank refrain from ending its supportive quantitative e...


RBA Chalks Up Two Years

Australia held its interest rate at a record low, where it has now stood for two years, with little near-term prospect of the central bank joining the global tr...


US Sanctions Russia Over Claimed UK Nerve Agent Attack

PA Wire/PA Images Yulia Skripal, who was contaminated with the nerve agent Novichok along with her father Sergei Skripal. Zakharova told reporters at a briefi...


Ryanair strike: One in six flights cancelled in pilot walkout

In response to unions serving Ryanair strike notices, Europe's largest low-priced carrier has announced in recent days the cancellations of 250 flights in and...


Trump's China trade war pulls consumer tech into crossfire

State-run newspaper Global Times said the implementation date of China's proposed tariffs will be determined based on U.S. reaction, and "the trade war wi...


Saudi Airlines suspends Canadian operations starting Aug. 13

Karim Kadim/THE CANADIAN PRESS via AP Passengers disembark a Saudi Arabian plane at Baghdad International Airport on October 19, 2017. The sell-off began on T...


[AD EXCLUSIVE] First look at the IKEA store in Hyderabad

The world's largest furniture retailer is all set to open its Hyderabad store on August 9, the first of 25 it plans to open in India by 2025. The Ikea Ind...


Suzuki, Mazda, Yamaha Motor join Japan's growing list of data-faking firms

The government had ordered the automakers to make checks after revelations of improper testing at Subaru Corp and Nissan Motor Co previous year. Improper inspec...


House prices pick up in July despite 'soft' market

The annual growth rate jumped from 1.8% in June to 3.3% in July, the largest increase since last November. Halifax managing director Russell Galley said: "T...


New York City Council votes to limit number of Uber, Lyft vehicles

The New York City Council is set to vote on whether to impose a one-year cap on new licenses for Uber and other ride-sharing vehicles. They say the growth o...


China's trade growth weathers United States tariff headwinds

Thanks to the surge, the trade surplus narrowed by 42.6 percent to 176.96 billion yuan last month. The U.S. Trade Representative's Office is reviewing tariffs ...


China's July exports rise more than expected despite USA tariffs

March 22 : Trump announces plans to hit $50 billion worth of Chinese goods with a 25% tariff.China announces tariffsin retaliation to the steel and aluminum d...


Tesla’s Board Has Met Several Times to Discuss Going-Private Proposal

Rather, it was attributed to Brad Buss, Robyn Denholm, Ira Ehrenpreis, Antonio Gracias, Linda Johnson Rice, and James Murdoch. In the last week, Tesla's board...


May still believes Britain will win a good Brexit deal - spokesman

United Kingdom stocks fell modestly on Monday as the U.S. Fox said there's now a 60 percent likelihood of a no-deal outcome as the clock ticks down to Brita...


Snapchat stock pops despite drop of 3 million users

Despite the decline in active monthly users, Snapchat saw its revenues jump to $262.3 million, up by 44 percent from the same quarter past year. Critics in th...


Ola launches service in United Kingdom to take on Uber globally

Bhavish Aggarwal, co-founder and chief executive officer of Ola, said the company would engage with policymakers and regulators to "build a company embedded in ...


Prepare for $90 oil after sanctions against Iran take effect

This time around, some of Iran's former creative methods in trade with Asian customers, including a barter system which avoids sanctionable transfers to the nat...


Elon Musk Floats Taking Tesla Private; Twitter Questions What Exactly He’s Doing

About an hour and a half after Musk's first tweet, trading on Tesla halted amid concerns of securities fraud. Public companies are companies whose shares are ...


Ontario Premier Doug Ford announces 'Buck-a-Beer' plan

During the announcement, Ford said he trusts Ontario consumers to make responsible choices. The move will have no effect on the province's $589-million in rev...


Dead fetus found on commercial plane landed in NY from Charlotte

The Port Authority of NY and New Jersey Police Departments are investigating after a cleaning crew found a dead fetus on a plane that flew from Charlotte-Dougla...