Finance

Exxon Mobil's fading star: no longer the biggest US energy company

MORE NEWS THIS CATEGORIES

Now, Needles found in Australian Strawberries Exported to New Zealand

Strawberry Growers executive manager Michael Ahern says New Zealand growers are already concerned that New Zealand will be tarred with the Australian brus...

China won’t hold trade talks unless Donald Trump stops threats

Even before Trump's election, the United States has complained vigorously that China has been unfair to U.S. businesses and has stolen technology by forcing fir...

Instagram co-founders resign in latest Facebook shake-up

Kevin Systrom and Mike Krieger, who co-founded Instagram eight years ago, are leaving the service's parent company, Facebook . The cofounders of Facebook's p...

Brent oil jumps to four-year high near $81

The Middle East dominated Organization of the Petroleum Exporting Countries (OPEC), of which Iran is a member, as well as top producer Russian Federation, are d...

SiriusXM buys Pandora for $3.5 billion

SiriusXM is planning on expanding past streaming services. Last summer, the satellite broadcaster invested $ 480 million in cash in Pandora in exchange for a...

Will Michael Kors make Versace cheaper?

Versace declined to comment. In recent years, Versace , which is still a favor among celebrities, has struggled to grow sales and has become second to its I...

Six Flags St. Louis Offers Perks for Customer Coffin Time

Plus ones will be allowed during operating hours, but coffin dwellers will be alone during non-operating hours. As the name suggests, the theme park's Frigh...

China accuses USA of "trade bullyism" as both sides impose fresh tariffs

Meanwhile, $US110 billion of goods from the US will become subject to Chinese retaliatory tariffs around the same time. The latest volley against Beijing brin...

OPEC, allies agree not to further increase oil production

Crude oil futures have spiked in early Asian trade, gaining more than 1%. "We expect that those OPEC countries with available spare capacity, led by Saudi A...

Comcast outbids Fox with $58b bid for Sky

The only feature favouring both Sky TV and Foxtel for that matter is their extensive sport packages. Comcast is paying a high price - more than double Sky's s...

Porsche abandons diesel motors

In a statement, company CEO Oliver Blume said: " Porsche is not demonising diesel ". The sportscar unit used adopted diesel motors from VW group sister bran...

Sacked Guthrie's tumultuous time at the ABC

Michelle Guthrie , ABC's managing director who was sacked by the board this morning, is considering her legal options, claiming the board had no grounds to te...

Strawberry scare: Australian supermarket stops selling needles

Agriculture Minister David Littleproud says the "parasites" responsible for spiking strawberries should do hard time in jail. Insisting authorities were "not ...

India to pay in rupees for Iranian oil

In 2010, India's central bank ceased using a Tehran-based regional body, the Asian Clearing Union, to handle transactions with Iran. "We have told the Indians...

Trump bullies OPEC...again

USA oil production in August averaged 10.9 million barrels per day, the EIA estimates - up by 120,000 barrels per day in June. Oil prices eased on Thursday, p...

Oil prices ease as trade row clouds demand outlook

Brent futures LCOc1 also rose but the gains were more muted, as the global benchmark ended 37 cents, or 0.5 percent, higher at $79.40 a barrel. West Texas I...

Coca-Cola is eyeing the cannabis market

According to Bloomberg , Coke is in talks with a Canadian cannabis company on potential products, but the company says it's just watching the increased use o...

Passengers suffer nosebleeds after flight crew forget to flick pressure switch

Jet Airways flight number 9W 0697 was turned back to Mumbai after half of the passengers on board experienced bleeding from their noses and ears. The other p...

Audi embarks on EV offensive as E-Tron premieres

Audi has also deployed a new generation of its powerful quattro drive tech to ensure excellent traction and dynamics. Audi is also partnering with Arcadia Po...

Amazon's store expansion is beyond flawless for introverts

AmazonGo stores do not have cashiers. The first is on Amazon's campus in Seattle. " Amazon needs to figure out how to grow this", said Soper, "but limit t...

China's Alibaba Scraps Plan to Create 1M US Jobs

He also acknowledged that the ongoing trade war with China's largest trade partner is hurting Alibaba's business, according to CNNMoney . Ma, who recentl...

Cathay Pacific spells name wrong on side of plane

The photos surfaced via the Hong Kong Aviation Discussion Board Facebook group, but it's still not clear just how such an epic mix-up could have happened - an...

DOJ Reportedly Opening Investigation Into Tesla After Elon Musk Floats Company Privatization

Two days after the Aug 28 tweet , Mr Musk emailed a BuzzFeed News reporter, suggesting that the reporter investigate Mr Unsworth and "stop defending child ra...

McDonald's Employees To Go On Nationwide Strike

Louis, Kansas City , Durham, Milwaukee and New Orleans . She described what she went through at work. "The walkout is believed to be the first USA strike to c...

Trump threatens 'economic retaliation' if China goes after USA workers

Multiple reports in recent days cited officials saying Trump had made a decision to press ahead with new tariffs, but at a lower rate of 10 percent after init...

Here are some top Phoenix spots for National Cheeseburger Day

BurgerFi: BurgerFi locations nationwide will offer $1 BurgerFi cheeseburgers with the purchase of another cheeseburger. Like so many of these made-u...

UK PM tells rebels: It’s my Brexit deal or no deal

It has been reported that the European Union is preparing to accept use of technology to avoid the need for new border infrastructure. "I am hoping that in Sa...

Amazon probing staff data leaks

In 2015, Amazon sued more than 1,000 "John Doe" account holders for allegedly writing fake reviews for profit. Amazon reportedly launched an investigation i...

Saudi sovereign fund invests $1bn in United States electric vehicle firm

The infusion represents a coup for Lucid Motors, a Newark, California, startup whose leadership includes six former Tesla executives, including an engineer wh...

Stocks tumble as markets brace for Trump's next round of tariffs

Overnight, president Donald Trump announced a new 10% tariff of $200bn on Chinese goods arriving in the United States from next week. Earlier, China vowed...

Trump imposes tariffs on $200B more of Chinese goods

Turkey has in turn hiked tariffs on imports of several USA products such as rice, alcohol, leaf tobacco, cosmetics and cars. Beijing has vowed to retaliate ...

Trump hits China with tariffs on another $200b in goods

Trump, in a statement announcing the new round of tariffs, warned that if China takes retaliatory action against USA farmers or industries, "we will immediate...

Trump Slaps New Tariffs on Chinese Products

In July, Trump announced that his administration would offer a $12 billion emergency plan to help offset farmers hard hit by retaliatory tariffs imposed on agri...

USA imposes new $200 billion tariffs on China

However, after the initial falls there were signs that some investors were ready to look past the dispute, with European markets reducing their losses to trade ...

Centre merges Bank of Baroda, Vijaya Bank, Dena Bank

With State Bank of India earlier acquiring five of its associate banks and Life Insurance Corporation in the process of taking over IDBI Bank, the amalgamation ...