Finance

PepsiCo to Acquire Pioneer Foods for US$1.7bn

MORE NEWS THIS CATEGORIES

Is Jack Ma retiring?

Ma's 46-year-old successor has pushed Alibaba deeper into the wallets of Chinese consumers as it bought and transformed brick-and-mortar outlets: a so-called ...

Why Tesla Stock Was Hit Hard Friday

Tesla Inc Chief Executive Elon Musk was filmed smoking marijuana , drinking whiskey and wielding a sword just hours before the automaker said its accounti...

Apple says United States tariffs on China would hit 'wide range' of products

The tariffs would potentially hurt U.S. companies that import everything from handbags to bicycle tires. The bestselling iPhone is not affected by the cur...

Les Moonves’ Potential $100M CBS Payout Slammed By Time’s Up

The board of U.S. television giant CBS is negotiating a multi-million-dollar exit for CEO Leslie Moonves , accused of sexual misconduct by at least six women...

Trump says ready to up China tariff list to US$517 billion

The figures were well below July's performance, when exports had jumped 12.2 per cent and imports grew 27 per cent. "The $200bn we are talking about could tak...

Mercedes-Benz readies Tesla fighter

As for driving range, we're expecting around 250 miles per charge. The EQC follows a similar format to the all-wheel drive Tesla and Jaguar with an elec...

Third rapid drop in 24hrs sends Bitcoin price down to $6400

Founded in 1869, the firm is headquartered in NY and maintains offices in all major financial centers around the world. As reported by CoinDesk in October 2...

Trump ready to set tariffs on all goods from China

Update: On the $ 200 billion in tariffs , Trump said they could be soon depending on what happens. "I hate to do this, but behind that there is another $267 bi...

Trump, Trudeau dig in as NAFTA talks resume

The chapter has been repeatedly used by Canada to fight US tariffs on softwood lumber . "Canada's the main trading partner for many states, quite a bit of ...

Oil Prices Rally On Supply Worries

Striking a balance between maximizing revenue and keeping a lid on prices in order not to stall demand, top crude exporter Saudi Arabia is managing its own supp...

Friends prank McDonalds with poster kept up for 51 days

The Asian pair noticed there wasn't a lot of diversity on the walls at the restaurant in Pearland so they chose to create their own poster. The two said they ...

Ayanna Pressley ousts longtime Democrat in Massachusetts House primary

In nearby Connecticut, Jahana Hayes is on track to become that state's first black woman to win a congressional seat if she prevails in November. She says Lynch...

Amazon becomes second trillion-dollar company in U.S.

The company's market cap hit $1 trillion just a few moments ago after its share price hit $2050.50. Amazon Web Services, for instance, a unit that provides host...

Amazon becomes second U.S. company to be worth US$1 trillion

Even with Amazon hitting the $1 trillion mark, Ben Barringer, an equity research analyst at Quilter Cheviot, said Amazon still has a long way to go - but say th...

Petrol, diesel prices hit all-time high

On that day, the rate in Mumbai was ₹86.24 per litre. Delhi is the cheapest in all metros and most state capitals due to lower sales tax or VAT. The report st...

Museveni in Beijing for China-Africa meeting

Also present at the summit are Uhuru Kenyatta , President of the Republic of Kenya; Cyril Ramaphosa , President of the Republic of South Africa , among other...

Brexit deal must be signed by ‘November at the latest’, Barnier says

Barnier said that the bloc was prepared to offer Britain a partnership, though no "single market a la carte ", which improved risk sentiment. After meeting...

GDP growth gives India cause for celebration

Economic Affairs Secretary Subhash Chandra Garg tweeted: "V shaped recovery of growth in Indian economy is complete now". The Indian economy managed a strong ...

International Monetary Fund to work with Argentina to strengthen lending program -Lagarde

It was the biggest one-day decline in the peso since the currency was allowed to float in December 2015. Macri's request had seen the peso lose nearly 7.0 p...

Buffett biting into a bigger piece of Apple pie

He said he uses his iPad "a lot", and that the iPhone is " enormously underpriced " even when it costs $1,000, given how indispensable it has become for many pe...

Trump threat to quit WTO over 'the worst trade deal ever made'

It is the forum for resolving disputes between countries about breaches of global trade rules and for negotiating new trade liberalisation. According to Mr Tr...

CBOE May Support Ethereum Futures

This was disclosed by Business Insider , which stated that CBOE Global Markets would be "ready" to add Ethereum (ETH) futures trading to its platform. The ...

Donald Trump Scraps Federal Employees' Planned Pay Raise, Calls It 'Inappropriate'

The reaction: Trump's claims to fiscal responsibility raised more than a few eyebrows, and critics on the left said that this is just the kind of action th...

This life-size, drivable Lego Bugatti Chiron has 2,304 electric motors

Lego showcased the creative possibilities of its Technic line by building a full-scale, working replica of a Bugatti Chiron luxury auto. Stores and parks...

New Vehicle Costs Expected to Rise Under New NAFTA Deal

I can not imagine that Prime Minister Justin Trudeau and his administration will allow for this deal if there is no benefit to Canada . It's a tremendous amo...

Trade talks end without meeting Donald Trump’s deadline, will resume next week

But under US trade rules, the USA team wouldn't have to make public the text of the revamped agreement for 30 additional days, possibly buying more time to r...

Trump cancels pay raise for federal workers

In a letter to Speaker of the House Paul Ryan, Trump said he is zeroing out both across-the-board pay increases as well as locality pay raises that are based o...

Whitbread to sell Costa Coffee chain to Coca-Cola for £3.9billion

Rival PepsiCo, meanwhile, recently bought carbonated drink maker SodaStream, which produces machines that allow people to make fizzy drinks in their own homes. ...

Turns Out That ‘Pedo’ Diver’s Lawyer Did Contact Elon Musk

In a new tweet , Musk asked a Twitter user "You don't think it's odd he hasn't sued me?" That's all he's told me. "I worked with Silver Lake, Goldman Sachs a...

99.3% of demonetized currency returned to banks: RBI

Indians returned nearly the entire amount of currency withdrawn in the government's note ban of November 2016, raising fresh questions over the goal of a shock ...

Toyota to invest $500m in Uber for self-driving vehicle programme

The Japanese automaker will invest US$500 million in Uber , and purpose-built Toyota vehicles will be deployed on Uber's network with technology from both comp...

Trade deal let's Mexico ease Trump, border uncertainties -- or does it?

If the U.S.is unable to strike a trade deal with Canada to include it in the replacement of the North American Free Trade Agreement , President Trump may c...

New Trump-Mexico trade deal ‘worse in many ways’ than NAFTA

And since the agreement was signed, trade has exploded between the U.S., Mexico , and Canada . Details of gains and concessions in the deal were only ...

Here's how the US-Mexico trade deal would differ from NAFTA

And Mr. Trump said individual trade deals are still on the table. "We are in regular contact with our negotiating partners, and we will continue to work t...

Trump makes trade announcement at the White House, possibly on NAFTA deal

Donald Trump has announced a trade "understanding" with Mexico which could lead to an overhaul of the 24-year agreement between the two countries and Canada...