Finance

June job creation blows past estimates

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Markets Propped Up by Expectations of OPEC Production Cuts

Saudi Arabia plans to keep oil exports below 7 million barrels a day next month as OPEC's biggest producer allocates less crude than customers demand in a bid...

New Zealand urges 'increased caution' for visitors in Hong Kong

Ortagus added that China had acted like a "thuggish regime" in singling out the US diplomat. "The US State Department defended the diplomat's actions and accu...

China hits back at United States currency manipulation claims

Decline in China imports last month, highlighting still sluggish domestic demand, although the drop was less than an expected 8.3 per cent and June's 7.3 per ce...

L Brands’ Les Wexner Claims Jeffrey Epstein Embezzled Over $46 Million

Mr. Wexner said the transfer was only a portion of the funds that his money manager had allegedly misappropriated. It's unclear whether Wexner reported the al...

Walgreens to shut 200 US stores

There was no announcement in Tuesday's filing about which stores the company will close, or when the closings will take place. "Given that these closures will...

Uber revenue misses estimates despite easing price war, shares tumble

Chief Executive Officer Dara Khosrowshahi said in a press call the competitive environment is starting to rationalize and it has been "progressively improving" ...

Anglo-Irish relations ‘would fundamentally change in no-deal Brexit scenario’

You make more concessions dealing with a wealthy man than you do dealing with a poor man. Michael Gove, the minister responsible for no-deal Brexit planning, ...

FedEx dumps Amazon after online retailer ramped up its own delivery service

It will no longer carry out ground deliveries for Amazon, having cancelled its U.S. air transport contract in June, but will continue making worldwide deliverie...

Budget threatened as oil price sinks to $56

Brent crude futures settled down US$2.71, or 4.6 per cent, at US$56.23 a barrel, the lowest close since early January. Oil prices will stay weak this year,...

Deepening Fears About The Global Economy Send Stocks Falling Again

USA stocks started to rebound on Tuesday from their worst loss of the year after China took steps to stabilize its currency, staving off the imminent pos...

UK Food Industry Looks To Avoid Shortages in No-Deal Brexit

The deadline is "pretty much the worst date" said Rycroft, "because it's peak Christmas pre-season, and warehouses are full". "It's going to be a little bit u...

Despite deadly shootings, Walmart won't stop gun sales

Walmart spokesman Randy Hargrove released a statement to USA Today saying that the retailer has been focused on showing care for the victims and their fam...

Australian Government Concerned over Facebook's Libra Cryptocurrency - Seeks Details

The latest group to voice concern is leading data protection authorities from around the world, including the Information Commissioner's Office (ICO) in the...

Flipkart Looks Forward to Launch their Own Video Streaming Service

Flipkart Plus launched its rewards program in 2018 when Amazon Prime was already an established presence in India, boasting original shows and a library of B...

Admitting slowdown, RBI lowers growth forecast to 6.9 percent

The RBI said in a statement on developmental and regulatory policies as part of its third bi-monthly monetary policy review this fiscal that it has accorded p...

HSBC boss in shock exit as bank warns of 'challenging' times

Monday's surprise news came shortly before HSBC reported first-half net profit up 18.6 percent at $8.5 billion (7.6 billion euros) from a year earlier. The cu...

AT&T employees corrupted to plant malware on company's network, unlock expensive phones

DOJ says the scheme cost the company millions and resulted in millions of phones being removed from AT&T service. One employee was allegedly bribed with mor...

New Zealand cuts benchmark interest rate to lowest-ever 1%

The central bank said its monetary policy committee agreed that a lower cash rate is necessary to continue to meet its employment and inflation objectives. But ...

Futures rebound after Wall Street's worst day of 2019

The more buoyant tone followed a big sell-off Monday, when stocks were hammered after the Chinese government allowed its currency to depreciate against the do...

Trump orders total embargo of Venezuela over 'illegitimate' Maduro

Those include the USA recognition of Juan Guaido , the leader of Venezuela's national assembly, as the country's legitimate leader, and the imposition of sanct...

Disney to Offer Hulu, Disney+, ESPN+ Bundle for $12.99 a Month

Iger said it would be two years before Disney can have an impact on the Fox films in production. The results reflected the first full quarter of earnings ...

What now since U.S. classed China as a "currency manipulator"?

But the People's Bank of China moved to stabilise the yuan with a firmer-than-expected fixing and a bond sale, to signal that the authorities wished to stem t...

Japanese Flying Car Actually Flies…For a Minute

The company also offered a test of the auto. NEC has introduced the vehicle at a time when the app-based cab aggregator company Uber is set to launch commercial...

Apple's 2021 iPhone Will Have In-Screen Touch ID

The card also comes with a few rules specific to Apple's ecosystem. Apple revealed that it had partnered with Goldman Sachs to offer the Apple Card - a cr...

Latest Newspaper Acquisition Brings Many Ohio Papers Under One Owner

An editor for the Courier Journal told Insider Louisville that there should be no concern about any immediate job cuts at the 150-year-old newspaper, as the p...

Gold gains as trade tensions lift safe haven appetite

Gold prices held firm near six-year highs on Tuesday as investors flocked to safety after the U.S. designated Beijing a currency manipulator, escalating a protr...

'Battle Mode' Huawei sees China smartphone sales surge

Huawei could technically still use Android because it's partly open source, but many Android users are probably accustomed to having easy access to Google's ser...

Crude Oil Price Slumps After US Increase Chinese Trade Tariffs

Both crude benchmarks fell last week, with Brent down 2.5 per cent and US crude falling one per cent after plummeting by more than seven per cent on Thursday, a...

Heathrow Airport strike suspended but flights still cancelled

Unite said: "The strike by Unite members working for Heathrow Airport has been suspended to allow for further talks at Acas". Talks with the union continued ...

Asian stock tumble for 3rd day after China lets yuan sink

Beijing allowed the yuan to slump to its lowest exchange rate in 11 years Monday, a move Chinese officials characterized as an explicit means of leveling the ...

Dow drops 500 points after China devalues currency

The US president jolted global stock markets last week when he issued the threat of more tariffs just a day after US and Chinese trade negotiators revived talks...

Oil prices drop as US-China trade war fuels growth concerns

Iranian tankers continue to unload crude oil in Chinese ports in defiance of US sanctions, a move that could disrupt world oil markets. Brent crude was down 5...

Apple Card Won’t Allow Its Customers to Purchase Cryptocurrency

According to the customer agreement, cited by Reuters, the card can not be used to purchase cash advances or cash equivalents that include cryptocurrencies, cas...

Google pauses listening to EU voice recordings, probe begins

It added that various safeguards are applied to ensure that the privacy of its users is not compromised in any way during the review process and that only about...

Cut interest rates? Not at the high price of the Fed's independence

The Fed lowered rates a quarter point to a range of 2% to 2.25%. They added that they will " continue to monitor " economic outlooks, adding that the cuts wi...