Finance

Kia and Hyundai invest in British EV firm Arrival

MORE NEWS THIS CATEGORIES

Google unveils software-based open platform 'Anthos'

The move appears created to position Google in a more favorable light relative to Amazon, which has taken a more heavy-handed approach with the open source back...

Wells Fargo Reports Q1 Earnings Beat, Stock Ticks Higher (NYSE:WFC)

Some investors may find the Williams Percent Range or Williams %R as a helpful technical indicator. Figuring out the best indicators to follow may take some tim...

Fisher-Price recalls 'Rock 'N Play' sleepers linked to infant deaths

Two days after the American Academy of Pediatrics urged the U.S. Consumer Product Safety Commission to recall Fisher-Price Rock 'n Play Sleepers, the CPSC a...

VA couple warns others after son dies in Fisher-Price sleeper

On its website , Fisher-Price said the company "will continue to work closely with the Consumer Product Safety Commission, and other global regulators, to en...

Buying a Tesla Is Going to Cost You More

People looking to buy the $58,400 CAD "Long Range Rear-Wheel Drive" trim option will also now need to visit a physical store to order one. The electric automa...

US House passes 'net neutrality' bill unlikely to become law

The Democratic House spent its last session before a two-and-a-half-week spring recess debating and voting 232-190 to pass a major net neutrality bill that ...

Jet’s lenders extend deadline after poor show in first round

The country's largest oil marketing company Indian Oil Corporation (IOC) has resumed fuel supply to Jet Airways . Meanwhile, bankers have extended the timeli...

Alphabet's drone division has launched its first public delivery service

Wing partnered with local businesses to deliver small household items via drone to eligible homes in Canberra, located southwest of Sydney. The aviation auth...

Reaction Engines’ SABRE air-breathing rocket engine passes crucial test

A "Spaceplane" that travels 25 times faster than the speed of sound has successfully passed a crucial testing milestone. Reaction Engines has recently bee...

Ride-hailing giant Uber files for United States initial public offering

Investment bankers had previously told Uber it could be worth as much as $120 billion. Uber continues to be heavily loss-making despite its significant gr...

Jet Airways suspends all west bound worldwide flights

A senior executive of a public sector bank said the country's first sovereign wealth fund National Infrastructure Investment Fund (NIIF), as well as private e...

China To Make Decision On Banning Bitcoin Mining Industry

It did not stipulate a target date or plan for how to eliminate bitcoin mining , meaning that such activities should be phased out immediately, the document ...

Demand for Aramco's debut bonds at over $50 billion

The company told investors it would sell debt in six portions, from three to 30 years, according to the people familiar with the matter. "For equity investors t...

Amazon workers eavesdrop on your talks with Alexa

Alexa software is created to continuously record snatches of audio listening for its wake word , Bloomberg alleged, adding that clips assessed by workers inc...

Burger King Slammed on Social Media Over Chopsticks Ad

Burger King pulled a promotional video in New Zealand showing customers trying to eat burgers with chopsticks after it sparked an outcry in China and demands...

'This is a plot; this is about backstabbing'

The video was reportedly filmed just hours before he was re-arrested on charges of misappropriating company funds for business use, using Nissan money to buy a ...

USA crude stockpiles surge to 17-month high; steep gasoline drawdown

Oil markets have tightened this year because of US sanctions on oil exporters Iran and Venezuela, as well as supply cuts by OPEC and some non-affiliated produce...

Instagram influencers hit with death penalty threat over popular photo

Schapelle Corby, who was released in 2017 after spending 12 years in jail in Bali for drug smuggling , just snapped a photo of herself and her boyfriend Ben P...

No-deal Brexit could tip United Kingdom and European Union into recession, International Monetary Fund says

Growth for 2018 was revised down by 0.1 percentage point relative to the October 2018 World Economic Outlook ( WEO ), reflecting weakness in the second half o...

The Best and Worst Day to Get Gas For Your Car

In a study the app released exclusively to USA Today , GasBuddy found both the best and worst days to fill up nationwide in each state, with Monday being t...

Crown Resorts in ASX trading halt

In a tersely worded statement, the Las Vegas casino giant said it was ending all discussions with Crown Resorts. Packer and Wynn, who stepped down as CEO of ...

White House defends Trump's Fed choices

But nominating Cain, the former CEO of Godfather's Pizza, to the board also raises the possibility of Capitol Hill testimonies regarding sexual harassment all...

Mike Ashley accuses Debenhams of 'falsehoods' after tabling rescue bid

It has £560m of debt and its creditors are now effectively calling the shots. However, he added: "However, rolling forward current trends, we do not believe t...

Nissan shareholders sack Carlos Ghosn from board

Investors approved the change at an extraordinary shareholders' meeting in Tokyo on Monday that Nissan agreed to hold at the request of largest owner Renault...

Parliament to force prime minister to request further Brexit extension

Meanwhile, Chancellor Philip Hammond has suggested that he expects Brussels to insist on a lengthy delay to Brexit and described a public vote to approve an...

Uncertain future for Scarborough's Debenhams as retail giant goes into administration

The UK's largest department store chain has requested its shares be suspended from trading with immediate effect, pending a further update. Lenders have seize...

FCA Forms Open Pool with Tesla to Comply with EU Emission Rules

As Tesla's all-electric vehicles produce no Carbon dioxide emissions, the move will allow FCA to meet the 2020 European standards and avoid costly penalties. ...

'Both sides' must compromise in cross-party Brexit talks: British PM

The Home Office said some people may still receive the old version until stocks run out. I assumed we would get the same old passport. The UK Home Office said...

Oil prices hit five-month highs on OPEC supply cuts, U.S. sanctions

Brent and WTI are on track for their second and fifth consecutive weeks of gain, respectively. In the trailing week, U.S. crude oil active futures rose 4.7% a...

FDA to Hold Public Hearing on CBD

The Food and Drug Administration is considering regulating CBD, one of the ingredients in cannabis and often used in medical marijuana. It says CBD can't be a...

Construction activity provides some green shoots for Germany's weakening industrial sector

Industrial production increased abruptly in February, driven by strong growth in the building sector. Even the Federal Statistical Office reported Friday indu...

Crude oil prices remain steady, hover at 5-month highs

Refinery maintenance season is drawing to a close, providing further demand for crude. Brent oil prices resumed their climb toward $70 per barrel on Thursda...

Ford trademarks Mustang Mach-E name in Europe, US

Vehicle manufacturer Ford has confirmed that it is designing an SUV that looks not unlike the current Mustang , packs an all-electric powertrain, and is rate...

Tesla shares slump as United States stocks open higher

On the economic front, USA initial jobless claims, a rough measure of layoffs, registered 202,000 in the week ending March 30, a decrease of 10,000 from the pre...

Economy Adds 196,000 Jobs in March Amid Signs of Slowing Wage Growth

The March decline followed monthly increases of 66,800 net new jobs in January and 55,900 in February - the country's best two-month start to a year since 198...