Business

Cypriot budget airline Cobalt has suspended operations

The low-priced carrier, which operated flights to Stansted, Gatwick and Heathrow in the United Kingdom, said all flights would be cancelled from 23:50 on We...


Huge Iranian oil armada heads to China before USA sanctions kick in

South Korean Ambassador to Tehran Ryu Jeong-hyun says companies in his country understand the significance of the Iranian market and will not leave it under the...


Salads sold at Trader Joe's, Whole Foods recalled over salmonella, listeria concerns

No illnesses have been reported related to the recalled corn, according to federal officials. These items were shipped to retail locations in Illinois, Indian...


Fraud documents confirm Facebook knowingly inflated the importance of video

Apologising for the error in a blogpost , Facebook said: "As soon as we discovered the discrepancy, we fixed it". The social network changed its tune on Por...


Netflix Soars To Over 137 Million Subscribers

The company believes that global markets will one day account for 80 percent to 90 percent of its customer base (like fellow internet giants Facebook and Google...


Trains from South Wales to London affected by disruption

Many trains became stranded between Paddington and Reading due to a loss of power supply. Services in and out of London Paddington may still be disrupted on...


Facebook tentatively concludes spammers were behind recent data breach

Facebook has been investigating the hack, which it calls the biggest security breach in its history, since its discovery on September 25. It was originally b...


China's economy cools as trade war with USA heats up

Investors had also been jittery after China's GDP numbers were released, showing that economic growth slowed to 6.5 percent year-over-year in the third quarter....


Italy's Salvini, in Moscow, denounces sanctions on Russian Federation

Italy's Prime Minister Giuseppe Conte has indicated that he will suggest at an EU leaders meeting on October 18 that the bloc allow the European Investment Bank...


Mega Millions jackpot at $420 million for tonight

No one won Friday's drawing , so the estimated jackpot for Tuesday is now up to $470 million. The winning numbers in the drawing were 27 - 28 - 32 - 41 -...


Trump escalates his attack on Fed: ‘My biggest threat’

Still, policymakers noted that the relative weakness of the worldwide economy could create "potential for further strengthening of the US dollar", a factor that...


Tesla Starts Offering $45K Model 3

Musk, 47, first unveiled the Model 3 to great fanfare in March 2016, pledging that it would start at $35,000 before incentives. Musk did hint that the cheapes...


Facebook misled advertisers about video views, lawsuit claims

The lawsuit alleges that Facebook deliberately obscured this, because the true numbers indicated that the majority of videos were barely played, indicating that...


Facebook Shareholders Back Intervention To Oust Mark Zuckerberg As Chairman

In the face of security and privacy scandals, these investors are pushing for greater oversight on Facebook, starting with its board of directors. Zuckerberg ...


Trump to Withdraw US From Postal Treaty, Squeezing China

According to the Swiss body's constitution, the US can leave the treaty after one year - during which time the State Department says it hopes to negotiate for...


South Korea ranks 15th in global competitiveness: WEF report

A detailed study of competitiveness in the global economy ranks the USA top of the 140 countries included. "The progress reflects the competitiveness trend th...


Tesla signs deal with Shanghai to build first overseas Gigafactory

China is the biggest global electric vehicle market and Tesla's second-largest after the United States. A Tesla logo is seen in Los Angeles, California U....


Trump concedes Khashoggi likely dead, threatens consequences

When asked whether he believes Khashoggi is dead, the president told reporters , " It certainly looks that way to me ". Riyadh strongly denies the allegation...


Burger King's New 'Nightmare King' Sandwich Is the Stuff of Halloween Dreams

Happy Halloween! Burger King has unveiled its new Nightmare King burger, and it's interesting , to say the least. Burger King has another frightening item ...


Despite Trump criticism, Fed sees need for more rate hikes

The display of unanimity could bolster expectations the central bank will raise rates a fourth time this year in December. The release of the minutes comes am...


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