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PepsiCo to Acquire Pioneer Foods for US$1.7bn

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VW will stop designing cars with gas, diesel engines after 2026

Jost also confirmed that while Volkswagen will continue to adapt its petrol and diesel engine vehicles to comply with environmental standards during the lifetim...

Facebook's reputation as an employer is really suffering

As expected, there are conflicting reviews about all large companies. Social media giant Facebook fell from the number one spot on last year's rankings to n...

Get Burger King Whopper for just one penny

For eight days, you can get a Burger King Whopper for only a penny. Today, the BURGER KING ® brand is turning more than 14,000 McDonald's into BURGER KING ®...

Stock Rally Stalls With Trade-Talk Outlook `Hazy': Markets Wrap

The financials sector edged down 1.7 per cent. Bank of Montreal fell 3.5 per cent, after Canada's fourth-biggest lender reported fourth-quarter earnings, ending...

China demands release of Huawei CFO after she's arrested in Canada

Meng". Meng's arrest could have a significant effect on markets and on US-China relations. The detention of Ms Meng threatens to scuttle the temporary deten...

Huawei CFO Wanzhou Meng Arrested In Canada

She was detained by the Canadian authorities in Vancouver on Dec 1 while in transit and is facing an extradition request from the United States. The statemen...

Oil prices slide as Trump urges OPEC not to cut supply

Iran is now subject to US sanctions and as such won't participate in any curbs, the country's OPEC governor Hossein Kazempour Ardebili said this week. If Russia...

Canadian oil prices primed to see 'further improvement'

The steep discount has stripped billions of dollars from the Canadian economy by some estimates, and at one point Canadian oil was selling for more than $50 l...

Report rate, reverse repo rate remain unchanged

It noted that although Q2 growth was lower than that projected in the October policy, GDP growth in H1 has been broadly along the line in the April policy. CR...

Huawei CFO arrested, faces extradition to U.S.

Ian McLeod, spokesperson for Canada's Justice Department, said on Wednesday the arrest took place in Vancouver on December 1. McLeod said a publication ban ha...

Canada arrests Huawei global CFO in Vancouver

Meng is the daughter of Huawei's founder and CEO Ren Zhengfei, and also serves as deputy chair on Huawei's board. She will have a bail hearing on Friday, he s...

No Donald, French 'yellow vest' protesters were not chanting 'we want Trump'

On Wednesday, France's largest farmers' union said it will launch anti-government protests next week after trucking unions called for a rolling strike. "I am ...

China to cut tariffs on United States cars

U.S. Treasury Secretary Steven Mnuchin said on Monday there was a clear shift in tone at Buenos Aires from past discussions with Chinese officials, as Xi offere...

Ted Baker Shares Sink After Staff Accuse Owner of Inappropriate Hugs

The petition also alleges that there's a culture of "forced hugging" at Ted Baker , which facilitates sexual harassment. The petition has so far been signed ...

Meat packer expands beef recall to 12M pounds over Salmonella outbreak

A total of 246 people have became sick in 26 states. Those at most risk for severe illness include people with weakened immune systems, babies and elderly i...

DEVELOPING: US-China trade uncertainty fuels market plunge

Markets, however, pulled back sharply after Monday's rally as doubts crept in over what could realistically get accomplished in the tight negotiating window. Mn...

[H]ardOCP: Qualcomm Abandons $44 Billion NXP Acquisition

And in its statement about the truce , the White House said China's President Xi Jinping had stated he was "open to approving the previously unapproved Qua...

Trump Threatens to Kill NAFTA - Again

He said it's clear U.S. lawmakers are in the first stages of negotiations toward ratifying the U.S. -Mexico-Canada Agreement, known as CUSMA in Canada , and US...

Quora becomes latest victim of data breach; around 100 million users affected

Today's big data breach has been announced by Q&A site Quora, affecting over 100 million registered users. Quora said, in a statement emailed to members, th...

Amazon's checkout-free experiment could come to larger grocery stores

Amazon is testing its cashierless checkout technology for bigger stores with larger spaces and experimenting the technology in Seattle, The Wall Street Journa...

George HW Bush's Service Dog Sully Pictured By Coffin

Dana Carvey, who impersonated Bush on the sketch comedy show from 1986 through 1993, had his work seemingly cut out for him, considering his subject didn't have...

Alberta premier announces 8.7 per cent oil production cut to increase prices

Notley's production cut is temporary and will act as a bridge to Canada ramping up crude by rail exports and replacing Enbridge's Line 3 pipeline by the end o...

China trade war begins to thaw as new tariffs halted

As reported by Business Insider , this weekend Trump and Chinese President Xi Jinping announced a 90 day truce on the imposition of new tariffs. White Hou...

Qatar to quit OPEC

The announcement comes days before the Opec summit in Vienna . Qatar , which has spent much of the last few months fighting diplomatic battles, is withdrawi...

Autonomy co-founder to face USA criminal charges

If convicted, they face a maximum of 20 years in jail and a fine of $250,000, the department said. His former finance chief, Sushovan Hussain , was found gui...

Russia, Saudi to extend OPEC+ pact to arrest sliding oil prices

So far, the oil-producing Middle-East group has organized a new plan of supply cuts that would generate some hope to uphold crude futures. Both worldwide oil ...

Gold gains as USA dollar weakens after cautious Fed speech

USD/JPY marks another failed attempt to test the 2018-high (114.55) as Fed Chairman Jerome Powell tames speculation for an extended hiking-cycle, and the dol...

Raid on Deutsche Bank's Frankfurt offices enters second day

The raid was a new blow to the financial institution that has been hammered by a string of scandals linked to its pre-2008 crisis attempts to compete with W...

U.S., China reach 90-day ceasefire on tariffs in trade dispute

Investors have been eager for signs of a progress toward keeping an already costly trade dispute from spiraling into a new and broader cold war. On the USA si...

The market now loves Jay Powell

Powell "gave the market , and presumably President Trump, exactly what he wanted, which was an admission that the previously proposed path of future rate hike...

Trump says auto tariffs ‘being studied’ after GM plant closings

Trump also indicated the impact of 25 percent tariffs over the imported trucks and commercial vans from markets outside North America. Japanese-made passenger...

Trump signs new trade deal with Canada, Mexico

While Trump hailed the revised trade pact, Trudeau was more measured, saying there was still work to be done and calling on Trump - using his first name - to re...

Fed Chair’s comments on slower hikes to boost EMs

On Wednesday, Mr. Powell pointed to the range of neutral-rate projections submitted by 15 Fed officials at their policy meeting in September, varying from 2.5% ...

Fed says another rate hike is expected 'fairly soon'

Fed officials agreed that it would be "appropriate" to take action before the December meeting if necessary to keep the federal funds rate "well within" the F...

Trump signs trade deal with Mexico, Canada

Each country's legislature must also approve the agreement. According to the White House, the United States-Mexico-Canada Agreement rebalances the trade relat...