Business

Rising interest rates send stocks tumbling; tech plunges

This time it wasn't only the rate-sensitive two-year yields that marched higher. That's a good sign for stocks. Oct 5 (Reuters) - U.S. stocks were little chan...


BACK TO WORK: Unemployment Drops to 3.7%, Lowest Since DECEMBER 1969

While 5.9% is quite tight for north of the border, it has been beaten on a number of occasions over the past decade or so, although not by much. As previously...


Waitrose trials 'in-home' delivery service while you're at work

It allows customers to set an access code for their door lock, which is sent to Waitrose via a secure app, then on to the driver at the time of delivery ...


Rupee hits record low; 74.11 against USA dollar

Repo rate is the rate at which the RBI lends money to banks and is an important tool for RBI to control inflation . The RBI has allowed commercial ban...


Stocks fall globally after U.S

The yield on the benchmark 10-year note US10YT=RR hit a fresh seven-year high of 3.232 percent overnight following data released the previous day that was seen ...


Steinhoff's Mattress Firm files for Chapter 11 bankruptcy

The company filed for Chapter 11 bankruptcy protection in an attempt to strengthen its balance sheet and optimize its store footprint. CNN reports the com...


Crude oil futures down at Rs 5,648 per barrel

Last month, Indian buyers lifted purchases of Iranian crude to 502,000 bpd, up 111,000 bpd over August, in "a last gasp" of purchases "before sanctions actually...


Major emergency response at Sydney Airport, NSW

United Airlines called it a mechanical issue and said all on board were safe. Australian Civil Aviation Safety Authority spokesman Peter Gibson told AAP stronge...


Centre cuts fuel prices by Rs. 2.5

J&K, which is under Governor's Rule cut Value-Added Tax by Rs 2.5 per litre on the fuel. He accused the Modi government of a "Rs 13 trillion fuel loot" by imp...


European Union offers Theresa May an alternative to the Chequers plan for Brexit

But with European Union leaders set to meet again later this month in Brussels to review progress in the negotiations, Ms McEntee said they needed to see Mrs ...


May planning to rush Brexit through parliament

Theresa May's conference speech - key words. Though Labour MP Angela Rayner described the dance with the hashtag cringe, Scottish National Party MP Joanna ...


Europe Tells Trump: Don’t Bully Us on Trade

But he said the claim that China was working to defeat Trump at the ballot box "rings hollow" and the approach could be counterproductive. Pence made clear ...


U.S. job growth cools; unemployment rate drops to 3.7 percent

Economists had penciled in some cooling in the year-over-year results, as a strong number for September 2017 wages presented a hard comparison. The August job...


Amazon to cut bonuses, stock benefits as it raises wages

According to Bloomberg , "Warehouse workers for the e-commerce giant in the USA were eligible in the past for monthly bonuses that could total hundreds of dol...


Fed Chair Powell says gradual rate hikes best approach | AP business

The Fed's economic forecast is in line with many others that show unemployment remaining below 4 percent through the end of 2020, with inflation staying near th...


NAFTA REBOOT FOR DUMMIES: How does new trade impact Canadians?

Embracing the U.S. -Mexico-Canada Agreement, which the Canadians joined just before a Sunday midnight deadline, Trump branded it the "USMCA", a moniker he said ...


Minimum wage to increase beginning Monday

The wage hike is based on Manitoba's 2017 inflation rate - 1.6%, and rounded up to the nearest five cents, a release from government said at the time. Labour Mi...


Toyota recalling 2.4M hydrid vehicles over stalling issue

However, a vehicle would be at increased risk of causing a crash if it stalled while at a fast speed. Toyota Ireland said they will be contacting all affected...


Aston Martin valued more than 4 billion pounds for its ipo

Aston Martin had set a target of roughly $5.3 billion to $6.7 billion last month. The final listing price is 16% below the top of the range that Aston Martin...


VP Mike Pence LASHES OUT: China 'Wants A Different American President'

Pence on Thursday said "there is a new consensus on China rising across America", where more business leaders are "thinking twice before diving into the Chinese...


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