Finance

Asian blockchain security startup CoolBitX raised $16.75 million in Series B funding

MORE NEWS THIS CATEGORIES

Truck drivers exempt from new California gig worker law (for now)

The law was seen by many labor activists and struggling gig-economy workers as being a potential salvation that would lead to more full-time employment, while m...

U.S. stocks open mixed as a record-breaking year winds down

The indexes spent most of the last trading session of the year wavering between gains and losses but ended in positive territory. In 2019, the current bull run ...

Global air crash deaths fall more than 50%

The pilots' struggle, and the tragic ending, mirrored an October 29, 2018 crash of a Lion Air Max 8 off the coast of Indonesia, which killed 189 people. " Boein...

Google to end tax scheme it used to delay US payment

Alphabet Inc., Google LLC's parent company, will wind down a tax scheme it has used to delay paying taxes on tens of billions of dollars in profits. US Presid...

Stocks end 2019 near record highs, dollar slides

The White House's trade adviser, Peter Navarro, on Monday said the US-China Phase 1 trade deal would likely be signed in the next week, but said confirmation ...

Germanwings strike forces 180 flight cancellations

Having threatened strikes nearly 24 hours earlier, but refusing to say when or for which airlines, the UFO trade union on Friday announced that its members wo...

Apple and Microsoft accounted for 15% of S&P 500 gains in 2019

The market's trajectory to a strong finish for the year began in October as stocks emerged from a late-summer slump caused by fears that the USA economy could b...

Carney Warns Financial Sector To "Wake Up" To Climate Crisis | Financial

Speaking on BBC Radio 4's Today Programme, Mr Carney said the financial sector was not cutting back on investment in oil and gas quickly enough. Mark Carney ...

Gold prices steady, set for best year since 2010

Gold was up 4 per cent for December, on track for its biggest monthly rise since August. Spot gold hit its highest since September 25 at $1,525.20 and was up...

Petrol Prices Increased by Rs.2.61 per litre for January 2020

While kerosene price has jumped to Rs99.45 per litre with the increase of Rs3.10, its demand increases several times during winter due to shortage of natural ga...

Microsoft takes down 50 North Korean hacking sites

According to Microsoft, the court action allowed Microsoft to take control of the fifty domain names used in the attack. Finally, on December 18, the company ...

Trump Tariffs Hurt US Manufacturing, Cost American Jobs: Federal Reserve Economists

Import tariffs introduced by President Donald Trump aimed at protecting American manufacturers have actually caused job losses and higher prices for consumer...

Sydney's NYE fireworks to go ahead despite Total Fire Ban

The planned spectacle went ahead despite calls from some members of the public for the fireworks to be cancelled in solidarity with fire-hit areas in New South ...

Tesla begins deliveries of China-made Model 3 cars

The company will also double the number of fast-charging stations and service centers in China next year, Tesla executives said. Fourteen of those first 15 cars...

Snub to US, India Allows Chinese Tech Giant Huawei in 5G Trials

Asked about the Chinese firm in particular, Prasad doubled down, noting that " all players means all players ". This stance is expected to spell relief for th...

Former Nissan chief Carlos Ghosn arrives in Lebanon after ‘jumping bail’

The person said he fled Japan, where he has been under house arrest since April. Ghosn, who is facing trial for alleged financial wrongdoing and was required ...

Science Museum to host Noon Year's Eve celebration for youngsters

The celebrations end with a bang and fireworks at 9 p.m. "So we're really excited to see what they'll come up with for us this year". A family dance, horse-dr...

White House adviser says China trade deal signing expected soon

The SCMP had cited an anonymous source briefed on the matter as saying that "Washington has sent an invitation and Beijing has accepted it", adding that the C...

China to switch benchmark for floating rate loans to lower funding costs

A loan manager at a mid-sized bank said the lender would not lower the rate in the near term. According to VAIDOO , the loan rate will not directly effect th...

FAA Proposes Rule To Require Remote Identification Of Drones

The standard remote ID broadcast would involve location and identification info to be broadcasted by the UAS itself. FAA officials said that, as a security pr...

"Help Me": McDonald's Staff Rush To Protect Woman Threatened By Boyfriend

After she returned from a quick trip to the restroom, a man with whom she was apparently traveling demanded that they use the drive-thru window rather than wait...

Minimum wage in Florida to increase on January 1

It's expected that after tips are calculated, tipped employees will make up to the general minimum wage requirements. The minimum wage in Florida will go up 10 ...

Turkey unveils national electric vehicle prototypes

President Erdogan placed an advance order for the SUV and later sat behind the wheel of one of the electric cars . Turkey's president unveiled Friday the cou...

United Kingdom launches full probe of Amazon investment in Deliveroo

Market authorities said the companies did not provide the requested information by the deadline of December 18, and now they are waiting for a thorough investig...

Volkswagen mobile robot revolutionises electric vehicle charging

VW said it plans to introduce its all-electric ID. The Golf-sized ID.3 unveiled during the 2019 Frankfurt auto show is due out in Europe in 2020; it's the f...

Stocks hover near record highs, gold breaches US$1500

Metals expert Suki Cooper of Standard Chartered also said last month she expects bullion prices to move higher in 2019. European stocks ground out fresh recor...

Here’s how Apple’s new iPad Pros might look like

OnLeaks has stated that it is not decided if the upcoming iPad Pros will feature a metal back, like the current gen iPad Pros or a glass one like the iPhone 1...

Tesla set for first delivery of China-made cars

The first non U.S. base is part of Musk's plan to build on recent momentum in the world's largest market for cars and electric vehicles. Of course, Tesla's ...

Amazon’s Ring hit with lawsuit over security camera hacking

The latest hacking incident happened with a Tennessee family who had installed Amazon-owned Ring video camera in the room of their three daughters to keep an ey...

Amazon"s plans for stake in Deliveroo to get in-depth competition investigation"

A WIDELY expected investigation of Amazon's attempt to buy a significant stake in Deliveroo was launched by Britain's competition watchdog yesterday. A Delive...

Ballotpedia's annual minimum wage increase report

While states have been making their own changes in wages, the federal minimum wage has yet to be amended and has stayed at $7.25 an hour for a decade. Upon it...

Didn't get billions in financial aid from Chinese govt: Huawei

The journal report stated that it has found, by looking into a range of publicly available records, that the company has received a whopping $46 billion in loa...

Crypto YouTubers Return from Self-Exile as YouTube Admits Mistake

YouTube's move had triggered plenty, especially those in the crypto space, to say that another alternative or a decentralized platform is the solution. Also,...

FDA: Federal Tobacco 21 Law Is Now in Effect

The smoking age increase comes after Tobacco 21 laws were already enacted in 19 states and Washington , D.C., according to the latest tally from the American ...

United States stocks end mixed in light trading

The S&P 500 posted 59 new 52-week highs and no new lows; the Nasdaq Composite recorded 96 new highs and 23 new lows. Asian stocks looked set to open highe...