Finance

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

MORE NEWS THIS CATEGORIES

India jumps 23 spots to No

Among the BRICS countries, Russian Federation and China were ranked higher. Pakistan moved from 147 to 136, Adviser to the Prime Minister on Commerce, Textile, ...

Armed father shoots down masked gunman at Alabama McDonald's

Police said the father will not be facing any charges. A man who was leaving the McDonald's with his two sons then drew his own gun and shot the masked man, w...

Reese's installing candy-replacing vending machine that swaps out bad Halloween treats

Last week during an earnings call , Hershey (the company that makes the sweet treat) said it will start selling Reese's Thins in 2019. It should be a hit, to...

Budget 2018: New 'Digital Services Tax' could hit Wiggle-CRC

This is made doubling challenging by large companies organising themselves in a way to disguise regional profits, often by claiming to operate out of one region...

RBI governor Urjit Patel may resign, say reports

This section has never been invoked in the history of independent India despite numerous clashes between the government and the RBI over the years. The court,...

U.S. plans more China tariffs if Trump-Xi meeting fails

The report sparked a wild ride on Wall Street on Monday, with the blue-chip Dow Industrials falling more than 900 points from its high and the benchmark S&P 5...

Tesla Reportedly Faces Criminal Investigation

A Tesla spokesman said the company was transparent about the difficulty of increasing production of the Model 3 . The FBI is reportedly looking back at evi...

Lion Air passenger plane crashes after taking off from Jakarta

It was not clear how many people were on board. "We can not give any comment at this moment". Its unit Malindo Air was the first in the world to put Boeing's ...

Royal Mint drops plan to launch gold cryptocurrency

The UK government has blocked a Royal Mint plan to create a "digital gold " token that would trade on a cryptocurrency exchange. The RMG proposal was rega...

IBM to acquire open-source software firm Red Hat for $34B

IBM will suspend its share repurchase program in 2020 and 2021 to maintain an appropriate leverage ratio on the books but it's fair to say that this is probab...

US economy grows faster than expected in Q3

The White House expected the economy to advance approximately 3.5 percent. The U.S. economy grew at a robust annual rate of 3.5 per cent in the July-Septemb...

Oil Drops on Stock-Market Swings

The global benchmark is on course for a weekly loss of over 4 percent. In oil, WTI has fallen almost 10 percent so far this month, while Brent is down almost ...

Plant City man wins $3 million in Mega Million drawing

The town of 22,000, about 14 miles from Greenville, was abuzz as people clamored to learn more about the victor, but in SC, the person who hit the jackpot can o...

Tesla's Musk says Tweet that cost him $20m was `worth it'

But results posted on Wednesday's showed that Tesla is not in danger of going bankrupt. The Nevada facility has largely been used to make batteries for all Te...

Look China rich help drive billionaire wealth to $8.9 trillion

The U.S. still has the world's largest number of billionaires at 585, but only created 53 new ultra rich past year, while 31 fell out of the league. "Over the p...

Trump launches fresh attack on Fed chairman

The Dow tumbled 600 points yesterday and the Nasdaq moved into correction territory, as traders anxious about rising interest rates and the possibility that t...

Volkswagen Debuts All-New T-Cross - Smallest VW SUV Ever

These include Volkswagen's 1.0-litre, three cylinder TSI petrol engine in two states of tunes - 95PS and 115PS. On the outside, the VW T-Cross features long a...

Toyota's Lexus leads United States magazine's reliable vehicle rankings

Tesla fell six spots from past year and now ranks third-worst (27 out of 29). There hasn't been a common thread to explain the problems, but new powertrains ...

Stocks Slammed! Dow Plunges More Than 600 Points

Bond prices continued to rise, sending yields lower. Futures markets for Japan's Nikkei index are also down more than 2%. Global stock markets appear to be bo...

Turkish probe of Khashoggi killing turns to garden well

In his first comments since the journalist's murder, he said , it is a repulsive incident and no one can justify it. Turkish media have also published a secu...

Four Florida Mega Millions players win prizes of up to $3 million

Last October, those officials made two big changes: They doubled ticket prices to $2 - and tweaked the formula to make it easier to win smaller prizes but harde...

$1.5 billion Mega Millions ticket sold in South Carolina

The ticket was sold in Simpsonville, South Carolina , at KC Mart convenience store, the city's Mayor Janice Curtis said in a telephone interview on Wednesday....

Google paid Andy Rubin $90 million to leave after misconduct review

When asked about Rubin and the other cases, Eileen Naughton, Google's vice president for people operations , said in a statement the company takes harassment...

Amazon quarterly profit rockets ten-fold to US$2.9b

Amazon reported net income 10 times higher than the same period a year ago, at $2.8 billion, again topping $1 billion for the fourth straight quarter. It purc...

Central Intelligence Agency director set to brief Trump on Khashoggi as President fumes

Turkish media have also published a security camera image allegedly showing a vehicle belonging to the Saudi Consulate "scouting" a forest in the outskirts of...

Jamal Khashoggi's son leaves Saudi Arabia as kingdom says killing was 'planned'

How world leaders treat Riyadh going forward appears to hinge on the extent to which they believe the Saudi version of events and how much responsibility sits...

WWE Confirms Crown Jewel to Remain in Saudi Arabia Despite Extraordinary Controversy

Speaking at the ongoing Saudi investment conference in Riyadh , Crown Prince Mohammed bin Salman has said the country would look to emulate the "great stride...

McDonald's Officially Unveils New Triple Breakfast Stacks

For the first time in five years, McDonald's announced that it will be expanding its breakfast menu. McDonald's said it got the idea from regular patrons who ...

9.4 million customers affected by Cathay Pacific security breach

No passwords were compromised in the breach, and the airline said its flight information systems weren't affected. "We are very sorry for any concern this d...

Owner warns others to stop feeding 'gold-digging' dog McDonald's

The dog approached Reyes' vehicle, but when she saw her owner was behind the wheel, she moved on to another auto in search of food. An Oklahoma woman's post a...

Saudi says murder of journalist Khashoggi 'premeditated'

Saudi Arabia has admitted that Khashoggi, 59, a contributor for The Washington Post , was killed in its Istanbul consulate. Turkish officials have told Th...

Microsoft's fiscal Q1 2019 profit soars on cloud services

Microsoft reported quarterly earnings Wednesday that once again beat analyst expectations, rising on the strength of its growing cloud computing business. Enter...

UK PM May's Brexit plan could last for years, reports London Times

The International Air Transport Association also warned there could be "chaos for travellers" if backup aviation plans weren't put in place quickly. Noting th...

Stock sell-off extends losing streak, led by tech companies

GDP product grew at a healthy clip between July and October, economists now forecast that quarterly growth will slip below 3 percent in the fourth quarter and i...

Anxious officials tweet to Mega Millions victor

The grand prize was overestimated, however, and the ticket sold in SC with all six winning Mega Millions numbers wound up with a $1.537 billion jackpot. The v...