Finance

Malaysia's September inflation down 1.4 pct

MORE NEWS THIS CATEGORIES

House votes unanimously to extend deadline for coronavirus small-business loan program

However, some in the fishing industry complained that lending institutions they contacted were no longer processing applications for the program, even though al...

Tesla stocks surge again on strong delivery numbers, increase lead over Toyota

A consensus of analysts surveyed by FaceSet expected Tesla to deliver 72,000 vehicles in the second quarter. The remaining 10,600 were its more expensive Mode...

Two more deaths from COVID-19 in Ontario

Ontario Health Minister Christine Elliott posted on social media Saturday that 21 of the 121 new cases are in Windsor-Essex and targeted testing of temporary fa...

Advertisers Boycott Facebook, Demand Changes

Beyond bad PR, though, experts say the protest isn't likely to make a lasting dent in Facebook's ad revenue, in part because plenty of other advertisers can ste...

2 dead in shooting at Walmart distribution centre in California, including gunman

Six were taken to the nearby St. Elizabeth Community Hospital and treated for minor to moderate injuries. He had been fired from the facility in February 2019 f...

Satellite-Carrying Rocket 'Lost' After New Zealand Launch

Rocket Lab's "Pic or it didn't happen" launch on Saturday ended in failure, with a total loss of the Electron launch vehicle and all seven payloads on boar...

S&P 500 opens sharply higher on upbeat NFP data

The S&P 500 gained 47.05 points, or 1.5%, to 3,100.29. "We have entered an important new phase and have done so sooner than expected". The S&P 500 incre...

Thanks to coronavirus, Jeff Bezos is richer than before his divorce

This year, he alone gains $56.7 billion. Here's who else rounds out some of the world's richest people. Amazon didn't immediately respond for a comment rega...

Twitter to let some employees to work from home indefinitely

But on May 12, just two months after Twitter employees moved their work setups home, CEO Jack Dorsey confirmed in an email to employees that everyone (yes, ...

Zuckerberg to meet civil rights groups that organised ad boycott

On Wednesday, Nick Clegg, Facebook's vice president of global affairs and communications, tried to reassure businesses that Facebook "does not benefit from hat...

Qatar Airways Introduces Mandatory Face Shields For Passengers

During this crisis more passengers have chosen to fly with Qatar Airways than any other airline, and we appreciate the trust they have placed in us. Cabin crew ...

I'm all for masks, says Trump

Many Americans have refused to wear masks themselves, with social media postings showcasing abhorrent behavior from some of those individuals, including video...

United States stocks end up Tuesday; indices report robust quarterly gains

That has dimmed some of the optimism for a relatively quick economic turnaround, especially for travel-related sectors like cruise lines. "(But) these numbers...

China’s services sector grows at fastest pace in over a decade

The death toll due to COVID-19 in the country has increased to 18,213 and the number of infections has spiked to 6,25,544, according to the health ministry. In ...

Million Jobs Added in June, Unemployment Drops to 11.1 Percent

While the June jobs report shows some gains - employment rose by 4.8 million last month - some economists expressed worries it might not accurately represent th...

Crude Oil Buoyed by Jobs Report Even as Virus Concerns Escalate

The US PMI, due later on Wednesday, is forecast to show that activity in June continued to recover from an 11-year low in April, while the non-farm payrolls rep...

Start-up Company Develops 3D Printers That Produce Plant-Based Steaks

The company says the steak looks, cooks and tastes like beef, with an extra perk: zero cholesterol. Alternative meat sales could reach $140 billion by 2029,...

Angola is resisting Saudi OPEC pressure to comply fully with oil cuts

Planned exports of Basra Light and Heavy crude oil will be around 1.53 million barrels per day (bpd) in July, down from the 3.1 million bpd originally planned i...

Tesla 2Q deliveries rise over 1Q despite factory shutdown

The company built 102,672 vehicles in the first quarter, even after its Fremont, California factory was forced to suspend operations in March during the coronav...

US trade deficit rises 9.7% in May to $54.6 billion

Both exports and imports fell as the coronavirus outbreak continued to take a toll on world commerce. Exports from the USA fell 4.4% to $144.5 billion, a Comm...

Lemonade, a tech-driven insurance company, soars 132% in trading debut

Lemonade had previously guided for the offering to be priced between $23 and $26 per share. Shares of the company opened at US$50.06 and rose as high as US...

Fresh Express bagged salads pulled from Canadian stores

The salads were distributed in Pennsylvania as well as Arkansas, Connecticut, Delaware, Iowa, Illinois, Indiana, Kansas, Kentucky, Massachusetts, Maryland, Main...

Volkswagen Tiguan R revealed as flagship of new-look range

With the facelift , Volkswagen has added two new colour schemes namely Oryx White and Kings Red. The rest of the world, however, will get the updated Tiguan ...

Audi Q5 - Now in pictures

Bumpers at both ends also feature an aggressive and sporty design with new vents. Additionally, the new Audi Q5 has also become the world's first SUV with O...

Oil rises on signs of economic recovery, ignoring surging infections

Brent crude futures for September fell 17 cents, or 0.2%, to $41.68 a barrel, paring Monday's 92-cent gain. Both contracts rose $1 earlier in the session. Also...

To Pay $500 Million in Bonuses for Front-Line Workers, Delivery Partners

Full-time Amazon and Whole Foods employees, as well as Delivery Service Partner drivers, will receive a $US500 bonus, according to a company blog post. The bo...

Ladakh stand-off: Corps Commanders talks on Tuesday

Indian officials say there were casualties on the Chinese side as well, but there has been no confirmation by Beijing. We, too, have counter-mobilised with addi...

Airbus to cut 15 000 jobs to survive coronavirus crisis

The company noted that air traffic would not recover to pre-crisis levels until 2023. Airbus's announcement came as union sources told AFP that French flag ...

US natural gas giant Chesapeake Energy goes bankrupt

Chesapeake remained primarily a gas producer, and it struggled to pay off its debt from McClendon's tenure. CHESAPEAKE Energy , the archetype for America's e...

Cirque du Soleil seeks creditor protection, but CEO remains optimistic

The company was forced to shutdown all of its productions due to COVID-19, and it is not yet clear on what the future is of those shows, including the new show ...

Facebook Boycott Grows: Ford Joins Coca-Cola, Starbucks And Other Brands

The campaign was recently launched by six organisations in the United States, including the Anti-Defamation League and the National Association for the Advancem...

Commerce Sec. Ross: US suspends its special treatment for Hong Kong

A government advertisement (left) promoting China's national security law is displayed inside an MTR train station in Hong Kong. But the legislation's pas...

Cirque du Soleil Files for Bankruptcy, Axes 3,500 Employees Worldwide

Cirque du Soleil , the producer of numerous acrobatic theater shows like La Nouba, which played at Disney World for almost 20 years and the maker of a new show ...

Beijing passes Hong Kong national security law: Government adviser

China has denounced all such moves as gross interference in its internal affairs, and foreign ministry spokesperson Zhao Lijian on Monday said Beijing has m...

Starbucks pauses social media ads as it targets 'hate speech'

While Facebook is a valuable tool for companies searching for eyeballs and customers willing to dip into their wallets, the boycott hurts the social media com...