Finance

Full alert as massive super-storm nears Philippines

Full alert as massive super-storm nears Philippines

Some residents have been evacuated from low-lying areas with storm surges of up to 3.5 m (12 ft) expected. Some roads were waist-deep in water with parts of the city cut off by floods and fallen...

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No import of Australian strawberry brands with needle contamination: AVA

Queensland Police are now heading an investigation aimed at tracking down the source of the needles. A Queensland man posted this photo of a strawberry with a needle in it after reporting his f...

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FDA announces 'historic' crackdown on e-cigarettes sales to kids

FDA announces 'historic' crackdown on e-cigarettes sales to kids

Scott Gottlieb . A nationwide sting operation from June through August resulted in more than 1,300 warning letters and fines to retailers who sold Juul products and other e-cigarettes to kids. Th...

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Top White House Economist Says Trump's GDP Claim Was Wrong

Top White House Economist Says Trump's GDP Claim Was Wrong

But Trump got it wrong way wrong when he said it hasn't happened in a century. The economy was, however, struggling when Obama took office in 2009. "Just when Hillary Clinton said she was going ...

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Passengers on two flights to Philadelphia Airport suffer illness

Passengers on two flights to Philadelphia Airport suffer illness

Ten people on board a 14-hour Emirates flight from Dubai were taken to hospital in NY on Wednesday after U.S. health authorities mobilized to meet the jet ferrying sick passengers. Emirates said ...

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Bitcoin price (BTC/USD) drops below $6,500 amid market-wide crypto slump

Bitcoin price (BTC/USD) drops below $6,500 amid market-wide crypto slump

Range bound and in the red through the day, a late in the day recovery limited the losses for the day, while the extended bearish trend remained intact, with Litecoin continuing to fall well short o...

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Trump tells Apple to make products in US to avoid China tariffs

Trump tells Apple to make products in US to avoid China tariffs

He said Friday that tariffs on another US$200 billion in Chinese goods are "in the hopper" and "could take place very soon". "To a certain extent, it's up to China". According to Apple, the tariffs wo...

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Elon Musk Smokes Weed, Drops Science, Triggers Drop in Tesla Stock Price

Elon Musk Smokes Weed, Drops Science, Triggers Drop in Tesla Stock Price

He added that he still believed in Tesla , that "I have no disagreements with Tesla's leadership or its financial reporting". In addition, Tesla's head of human resources told Bloomberg on Fr...

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NAFTA negotiations resume after Trudeau criticizes rule-breaker Donald Trump

NAFTA negotiations resume after Trudeau criticizes rule-breaker Donald Trump

All throughout NAFTA talks, the issue of supply management in the Canadian dairy industry has been a sticking point. "If Canada has to give up and reform the whole (dairy) system, it's going to ha...

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Obama Denounced President Trump in Speech, Warns of 'Pivotal Moment'

Obama Denounced President Trump in Speech, Warns of 'Pivotal Moment'

Trump also claimed, as he has in the past, that economic indicators were bad under Obama but excellent during his own presidency. The former commander-in-chief urged Americans to vote, saying "democ...

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Oil prices higher as U.S. sanctions limit Iran exports

Oil prices higher as U.S. sanctions limit Iran exports

Considering the looming impact of the trade war between the United States and other major economies, including Iran , China and the European Union, OPEC's output witnessed an increase of 420,000 ba...

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Chinese billionaire arrested in United States for alleged sexual misconduct

Chinese billionaire arrested in United States for alleged sexual misconduct

The investigation remains active. Liu was released without bail around 4 p.m. Saturday, according to Minneapolis Police Department spokesman John Elder. China's foreign ministry said Monday that th...

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Trump attacks union leader on Labor Day

Trump attacks union leader on Labor Day

In the remarks that were published by the Toronto Sun on Friday, Trump said that he did not intend to make any concessions to Canada during the NAFTA negotiations. Continetti said the key to Trump's r...

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Ramaphosa: China is not trying to re-colonise Africa

Ramaphosa: China is not trying to re-colonise Africa

Chinese President Xi Jinping pledged debt relief to some poorer African nations, attempting to push back against a major criticism of his flagship Belt and Road initiative. He echoed Ramaphosa's cal...

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Coca-Cola digs into coffee with $5.1bn Costa purchase

Coca-Cola digs into coffee with $5.1bn Costa purchase

While different in nature, the Coke-Costa deal closely follows the $7.1bn (£5.5bn) tie-up, completed this week, that sees Nestlé acquire the perpetual global licence to produce Starbucks branded produ...

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GDP growth accelerates to over 2-year high of 8.2% in Q1

A Reuters poll, HDFC Bank's research and a CARE Ratings report are expected 7.6 percent GDP growth for the first quarter of current fiscal. It had slowed down to 5.6 per cent in the April-June qua...

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99.3% of demonetised currency returned to banks: RBI

99.3% of demonetised currency returned to banks: RBI

The Congress on Wednesday demanded an apology from Prime Minister Narendra Modi, alleging he lied to the country over the demonetisation issue, after the RBI said nearly all the 500 and 1,000 cur...

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Elon Musk appears to reaffirm 'pedo guy' smear against British cave diver

Elon Musk appears to reaffirm 'pedo guy' smear against British cave diver

The multi-billionaire hasn't been shy about his awareness of the blockchain sector, either - in Janurary, Musk joked that the Boring Company flamethrowers would have "the safe word "cryptocurrency" [...

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Allen Weisselberg: Trump Organization CFO granted immunity in Cohen case

Allen Weisselberg: Trump Organization CFO granted immunity in Cohen case

Mr Weisselberg was one of those called to give evidence before a federal grand jury for the Cohen investigation earlier this year, the Wall Street Journal reports . " Mr. Cohen acknowledged the ille...

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Prosecutors grant Trump Organization CFO Allen Weisselberg immunity in Cohen probe

Prosecutors grant Trump Organization CFO Allen Weisselberg immunity in Cohen probe

But early one April morning, more than three dozen federal agents raided Cohen's home, office and hotel room. He was there in the lobby of Trump Tower in June 2015 when his boss descended an esc...

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Powell could tackle key issues in high-profile speech Friday

Powell could tackle key issues in high-profile speech Friday

Federal Reserve chair Jerome Powell sees plenty of reasons the USA economy's strong run will continue. Investors will especially want to hear whether Powell addresses the central question of whet...

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Trump Organization CFO Allen Weisselberg reportedly granted immunity

Trump Organization CFO Allen Weisselberg reportedly granted immunity

Mr. Cohen, who arranged hush-money payments before the November, 2016, USA presidential election to at least two women who had said they had sex with Mr. The Enquirer allegedly used a tactic known a...

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Fed officials suggest rates likely to rise soon, worry about trade war

Fed officials suggest rates likely to rise soon, worry about trade war

USA central bankers are ready to raise interest rates again so long as the economy stays healthy, according to a record of the Federal Reserve's most recent policy meeting. "I am not happy about it". ...

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Can Trump bend the Fed to his will?

Trump told Reuters that he was "not thrilled" with Jerome Powell's rate hikes and said the USA central bank should do more to help him to boost the economy. "What Trump is anxious about is that th...

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Gatwick Airport posts flight info on white boards after digital screens fail

Gatwick Airport posts flight info on white boards after digital screens fail

According to Gatwick airport's Twitter account, the issue has been caused by a fault with Vodafone's IT systems - rendering the big screens inoperable. Staff resorted to writing out crucial inform...

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