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Alibaba's Jack Ma Resurfaces After Three Months, Sparking Stock Rally

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Stocks open broadly higher on Wall Street, extending gains

The Dow and broader USA stock market rallied on Thursday, as demand for risk assets remained elevated heading into the holidays. USA stocks were set to open a...

Thousands of Ring user passwords exposed following reports of hackers accessing cameras

The Ring camera recording from the corner of your room may be intended for security, but what happens when an unwanted visitor sneaks into the live-feed? Anothe...

Goldman Sachs 'close to $2bn settlement' over 1MDB scandal

The deal also won't resolve a separate investigation by Malaysian authorities, who are also seeking billions of dollars from Goldman. In August, Putrajaya ann...

Trump wants an 'immediate trial!' in the Senate after House delay

House Democrats approved articles accusing the President of abuse of power and obstruction of Congress. Both parties said public opinion was with them aft...

Takeaway takeover: Just Eat confirms taste for Takeaway.com bid

Analysts said Takeaway's shares would need to fall below €77 for its implied offer to fall below Prosus . Takeaway and internet giant Prosus , which is also...

Trump to give annual address to Congress amid impeachment drama

He said that blocking witnesses would be unprecedented and wondered whether McConnell would "strong arm his caucus" into voting to dismiss the trial before witn...

Wawa discloses massive data breach that began nine months ago

The discovered malware is believed to be of no risk to customers any longer according to the statement issued. Based on its investigation, Wawa says this...

BMW iX3 electric SUV range detailed in big EV roadmap

In their press release, the German manufacturer emphasises more than ten years of experience in electric mobility has flowed into the new drive with BMW Group'...

United Kingdom to impose tougher rules for Google, Facebook over online ads

The watchdog found that Google accounted for more than 90 per cent of all revenues earned from search advertising in the United Kingdom, with revenues of arou...

Google pays $500 million to settle Australian Taxation Office

Deputy Commissioner Mark Konza said: "This settlement is another great outcome for the Australian Tax System". "They join the likes of Microsoft, Apple and Fa...

BMW and Daimler pull out of multiple car-sharing markets

Companies like car2go provide auto maintenance services, where members can rent vehicles in minutes, hours or days. Vancouver auto share users may be more f...

Ford to Add 3000 Jobs in Detroit Area, Invest $1.45 Billion

The U.S. vehicle manufacturer said in a press release that it will hire 2,700 new workers and invest $750 million in the Michigan Assembly Plant in Wayne, a D...

Volkswagen hit with record $125 million fine for emissions breach

The ACCC said the German automaker has admitted that it has switched to two different software modes for test and driving conditions, thereby not disclosing the...

Why Sweden just ditched its negative interest rates - after nearly five years

Emerging market stocks lost 0.22%. Japan's Nikkei .N225 fell 0.3% and China's stocks slipped .CSI300 for the second session despite trade optimism. -China tra...

Facebook acquires PlayGiga for $78 million U.S. dollars

Facebook might be planning to break into the increasingly crowded cloud gaming market, after confirming the purchase of Spanish service PlayGiga . "We want ...

Nancy Pelosi won’t commit to sending articles of impeachment to Senate

Pelosi's procedural delay in taking the next step - apparently in search of leverage with Senate Republicans in locking in trial arrangements - threw a wrench i...

Uber Gets The Banhammer In Germany

Separately, Uber reportedly breached the obligation that hired cars have to return to a rental firm's main office after carrying out a ride, the court said....

Carnival Cruise ships collide in Mexico's Cozumel

Carnival has said both cruise ships are still seaworthy following the incident in Mexico . The Glory is a Conquest-class Carnival cruise ship that is 952...

Jaguar Buys A New Toy, British Tuning Company Bowler

The company had struggled for the past few years. Bowler will complement SV ( more performance and luxury in production cars), vehicle personalisation (whi...

Data Leak Exposes 267 Million Facebook Users

Diachenko said that 267,140,436 records were exposed and that most of the people affected are from the United States. As of now, it is not exactly clear how t...

Elon Musk reveals that the Tesla Cyberquad will arrive in 2021

Has this ever been done before in the automotive industry? Munro also says that breaking the windows was no mistake for him. Munro knows that it's better than...

Andrew Bailey selected as next Bank of England chief

Bailey, 60, is chief executive of the Financial Conduct Authority, a regulator charged with fighting misconduct in the finance industry. A spokesman for Brita...

HHS Unveils Proposed Rule on Drug Importations

Regarding the exclusion of biologics and other complex drugs, HHS Secretary Azar, a former executive for Eli Lilly , said that if the pilot programs are succ...

2.2 percent increase in Canadian inflation

That figure ends a three-month streak where the annual pace of inflation had held steady at 1.9 per cent. Inflation should remain above 2% until that decline ...

Northern Irish nurses strike over pay, staffing levels

Since no government has been in place for almost three years, there are no ministers in place to make spending decisions - such as whether to grant the pay dema...

Cyrus Mistry reinstated as Tata Group head

October 10, 2016: Tata Sons board sacks Cyrus Mistry as Chairman; Patriach Ratan Tata takes over as interim chairman. Half-Irish and half-Indian, Mistry ...

PSA Group and FCA sign 'combination agreement', confirm merger

It will give birth to a group with revenues of almost 170 billion euros (nearly $190 billion) and producing 8.7 million cars a year - just behind Toyota , Volk...

Pound slumps as return of hard Brexit fears rattles investors

Sterling had rallied after the election as markets priced-out a "risk premium" associated with the threat of a Labour Party government and possible "no deal" ...

FedEx cuts 2020 profit forecast - again - as 7-day delivery costs weigh

Sriram Sridhar, CEO of LateShipment.com, tracks last-mile deliveries and said data culled from clients suggest that FedEx is lagging rival United Parcel Service...

Lawsuit alleges tech giants Apple, Microsoft profit from child miners in Africa

The case has been filed by the International Rights Advocates on behalf of 14 Congolese families. "The young children mining Defendants' cobalt are not merely...

Uber nears deal to sell off its food delivery business in India

According to TechCrunch , Gurugram-headquartered Zomato could receive between $US150 million and $US200 million of investment from Uber as part of the deal....

Whirlpool recall: half a million Hotpoint and Indesit machines pose fire risk

They have advised consumers with affected models to unplug their machine until it is replaced. This process is expected to take place in early January. "If your...

Rally for U.S. stocks prods into fifth day; oil keeps rising

The better-than-expected results may help alleviate investors' concerns about growth in the world's second-largest economy. Although growth in China is expect...

Chinese Ambassador Casually Threatens German Car Industry Over Tech Privacy Concerns

The ambassador's comments come on the heels of growing resistance against Huawei among some lawmakers in German Chancellor Angela Merkel's governing coalition...

China suspends planned tariffs on some United States goods

China on Sunday announced it would not implements additional tariffs on some USA good after a Phase 1 trade deal between the two economic powers Friday. "And...