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Oil price up as Trump calls OPEC to lower prices

Early last week, the market was supported by a report which said Saudi Arabia would be comfortable with Brent prices over $80 a barrel. Trump has been calling publicly for OPEC to help lower prices by producing more. On Sept. 20, Trump sent a...

21st Century Fox Outbid by Comcast for European Broadcaster Sky

Then the Sky board will make a recommendation, and Sky shareholders have until October 11 to vote. Roberts has said he was "terribly impressed" with Sky's market-leading Q box platform, which is also a rich source of data on customer viewing behavior...

Porsche stops making diesel models after VW emissions scandal

In a statement on the automaker's website, Porsche announced it would stop building diesel-powered cars and instead focus on electric cars. Blume's statement comes months after Porsche stopped taking orders for its diesel variants in February...

Head of ABC removed by the Australian public broadcaster's board

In an interview with the ABC he declined to comment on why Ms Guthrie was sacked, saying the broadcaster needed a different "leadership style". The former Google executive said at no time had her plan to modernise the ABC come under fire, and...

12-year-old admits to putting needles in strawberries

Coles, for their part in this, have so far declined to remove needles from their shelves, deciding instead to inspect strawberries thoroughly. Earlier this month, several people in the nation of Australia were mortified to discover sewing needles...

Indian Refiner Cancels Iran Oil Imports

The Trump administration has threatened entities and countries with consequences if they do not bring down their import of Iranian oil to zero by November 4. Reuters in June reported that India is looking to revive the its earlier rupee payment ...

The US Becomes Highest Crude Oil Manufacturer Worldwide

Oil prices moved upward on Wednesday after official data showed large draw in U.S crude oil and gasoline inventories and lower than expect build in distillates inventories, despite an increase in the USA weekly crude oil production. A commission of...

Comcast, Fox takeover battle for Sky to be decided by weekend auction

Fox's bid for Sky is backed by Disney , which agreed in June to buy Fox's TV and film assets, including its existing Sky position, for about $71 billion. An auction for Sky, which broadcasts to 23 million households across Europe, would be the bigge...

Tesco reveals discount store Jack's to take on Aldi and Lidl

The jobs will be a mix of part-time and full-time with the store opening to the public tomorrow. However, some are concerned Tesco's new format could simply cannibalise sales at its existing stores. "We leverage the size and expertise that's availa...

Oil prices ease as trade row clouds demand outlook

Crude Oil WTI Futures for November delivery dropped 0.45% to $68.37 a barrel at 10:47PM ET (02:47 GMT), while Brent Oil Futures for November delivery also went down 0.63% to $77.56 per barrel. A committee of OPEC members and other producers is to m...

Coca-Cola denies plans to make marijuana-infused drinks

The comments come after BNN Bloomberg reported Monday that Edmonton-based Aurora is in talks to produce cannabis-infused drinks with the world's largest beverage maker, The Coca-Cola Co . "No decisions have been made at this time". Coke says its...

Passengers bleed from nose, ears as crew forgets to regulate cabin pressure

The plane was ferried back to the Mumbai airport within an hour. "Scores of passengers including me bleeding from nose". Apparently the cabin crew involved have been taken off duty while the airline investigates the incident. The passengers als...

Amazon could open 3,000 cashierless Go stores by 2021

If Amazon follows through with the rumored plan, it would pose a threat to convenience store chains like 7-Eleven, which must bear the expense of paying cashiers and other staff, Bloomberg said. Amazon opened its first Go branch, underneath it...

Audi launches its electric SUV in Tesla's backyard, with assist from Amazon

The Model X, which comes with either a 75- or 100-kWh battery pack, can travel up to 295 miles on a full charge.The I-Pace, which launched earlier this year as Jaguar Land Rover's first-ever electric vehicle, can eke up to 240 miles on a 90-kWh bat...

Jack Ma says he can't create 1 million United States jobs after all

President Donald Trump previous year in a high-profile meeting where he promised to create 1 million U.S.jobs linked to small merchants selling items on Alibaba platforms. China placed tariffs on about $60 billion worth of US products the next da...

Cathay Pacific spells name wrong on side of plane

Cathay Pacific has seen the amusing side of a very expensive mistake, after it spelt the name of the company wrong on its own plane. Aghiad Haloul replied: "No f's were given that day". "We have stencils. Should be a blank gap in-between letters...

Tesla Turns Over Documents to U.S. Department of Justice

But he reignited the dispute in August with an email to BuzzFeed News accusing Unsworth of being a "child rapist", marrying a 12-year-old and engaging in child sex trafficking, the lawsuit alleges. The stock dropped 2.5 per cent to US$287.60 as of ...

McDonald's workers strike over sexual harassment policies

They told her she was acting "like a little girl" about it. Protests across 10 major American cities-Chicago, Durham, Kansas City , Los Angeles, Miami, Milwaukee, New Orleans , Orlando, San Francisco, and St Louis-aimed to pressure the company to...

Apple removes from sale the most popular iPhone model

The iPhone X has a 5.8-inch Super AMOLED display with an 1125 x 2436 resolution and 19.5:9 aspect ratio to offer an 82.9% screen-to-body ratio and 458 pixels-per-inch packed into a 143.6 x 70.9 x 7.7 mm body. Not even a week removed from Apple's spec...

Here Are The Best Burger Deals On National Cheeseburger Day 2018

Offers may vary by location. So before you rush out to grab your cheap burger, be sure to call ahead and see if your local store is joining in on the fun. National Cheeseburger Day 2018 falls on a Tuesday, which is convenient - because every Tuesday ...

‘China taking advantage of US for many years’

The country has already imposed $ 50 billion in tariffs that target some of Trump's voter base, including farmers. "What China does not understand is that these people are great patriots and fully understand that China has been taking advantag...

Trump throws $200 bln tariff bomb at China

Trump said he will impose 10 percent US tariffs on about $200 billion worth of Chinese imports but he spared smart watches from Apple (AAPL.O) and Fitbit (FIT.N). But consumers paid over $900,000 in higher tire prices for each job saved. But t...

Trump imposes tariffs on $200B more of Chinese goods

They officials told reporters the lower initial tariff rate would give USA businesses time to find new suppliers. Last month, China unveiled a proposed list of tariffs on US$60 billion of United States goods ranging from liquefied natural gas to ...

USA imposes new $200 billion tariffs on China

US President Donald Trump Monday announced imposing new tariffs on an additional Dollars 200 billion worth of imports from China, escalating the trade war with the Asian giant. "If the tariffs go to 25 percent at the beginning of the year, you wi...

Trump to Lay Out Line on China Trade

Trump also has complained about America's massive trade deficit - $336 billion past year - with China , its biggest trading partner. Conflicting messages coming from the Trump administration on tariffs amid the USA trade war with China could sin...

Dena, Vijaya, BoB to merge and form country’s 3rd largest bank

Reacting on the proposal of merger, the FM said that the government had announced in the Union Budget that consolidation of banks will be on the agenda of the government. "This will hopefully create a mega bank that will be sustainable", Jaitley adde...

Trump slaps fresh tariffs on $200B of Chinese goods

The trade tiff has yet to be felt in USA markets as the tariffs, which now are set at 3.8 percent, may rise to just 10 percent, which most companies can handle in a growing economy, said Brian Nick, chief investment strategist at Nuveen. In a briefin...

China Reportedly Prepared to Respond to Tariffs with 'Firm Countermeasures'

Bloomberg News earlier reported that the Trump administration will soon impose s imposing a 10 percent tariff on $200 billion of Chinese goods , which Beijing has already said it will retaliate against, according to three people familiar with the d...

Coca-Cola to get into the cannabis business? ‘The space is evolving quickly’

It says it hasn't made any decisions about using it in coke products. The Bloomberg report follows other deals between US beverage companies and pot producers in Canada , where recreational use of marijuana becomes legal next month across the ...

Oil slips as economic concerns outweigh tighter supply

Aredbili told Reuters that the U.S. will find it challenging to cut off Iran's exports and that Russian Federation and Saudi Arabia would in any case not be able to fill the shortfall. Washington's withdrawal from the landmark Iran nuclear ...

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Breaking News

Trump imposes tariffs on $200B more of Chinese goods

They officials told reporters the lower initial tariff rate would give USA businesses time to find new suppliers. Last month, China unveiled a proposed list of tariffs on US$60 ...

USA imposes new $200 billion tariffs on China

US President Donald Trump Monday announced imposing new tariffs on an additional Dollars 200 billion worth of imports from China, escalating the trade war with the Asian giant...

Trump to Lay Out Line on China Trade

Trump also has complained about America's massive trade deficit - $336 billion past year - with China , its biggest trading partner. Conflicting messages coming from the Trump ...

Dena, Vijaya, BoB to merge and form country’s 3rd largest bank

Reacting on the proposal of merger, the FM said that the government had announced in the Union Budget that consolidation of banks will be on the agenda of the government. "This wil...

Trump slaps fresh tariffs on $200B of Chinese goods

The trade tiff has yet to be felt in USA markets as the tariffs, which now are set at 3.8 percent, may rise to just 10 percent, which most companies can handle in a growing econom...

China Reportedly Prepared to Respond to Tariffs with 'Firm Countermeasures'

Bloomberg News earlier reported that the Trump administration will soon impose s imposing a 10 percent tariff on $200 billion of Chinese goods , which Beijing has already said it...

Coca-Cola to get into the cannabis business? ‘The space is evolving quickly’

It says it hasn't made any decisions about using it in coke products. The Bloomberg report follows other deals between US beverage companies and pot producers in Canada , whe...

Time Magazine Sold to Salesforce Founder Marc Benioff for $190 Million

The deal is expected to close in 30 days. Mr Benioff - who is chairman, co-chief executive and co-founder of the cloud computing firm Salesforce .com - said that he and his wife...

Oil slips as economic concerns outweigh tighter supply

Aredbili told Reuters that the U.S. will find it challenging to cut off Iran's exports and that Russian Federation and Saudi Arabia would in any case not be able to fill ...

Karnataka reduces Rs 2 per litre on petrol, diesel prices

The petrol and diesel prices in Bengaluru had risen to Rs. 84.58 and Rs. 76.10 per litre respectively, as of Sunday. Karnataka Chief Minister HD Kumaraswamy today announced tha...

Special Reports

Bank of England prepared for wide range of Brexit outcomes - Carney

Bank of England prepared for wide range of Brexit outcomes - Carney

But now, most economists believe that Bank of England would not raise rates again until after the Britain has left the EU. The decision to raise or cut rates after a chaotic Br...

Canada's legal marijuana creates risk for investors at U.S. border

Canada's legal marijuana creates risk for investors at U.S. border

Canada is a month away from becoming the first industrialised nation to legalise recreational cannabis use. This is likely to cause a lot of problems for Canadians crossing the ...

FEMA to test emergency ‘Presidential Alert’ system next week

FEMA to test emergency ‘Presidential Alert’ system next week

The national test of the presidential alerts will use the same tone and vibration associated with other WEA alerts such as tornado warnings or AMBER Alerts. have remained professio...

US FDA targets e-cigarettes over 'epidemic' of underage use

US FDA targets e-cigarettes over 'epidemic' of underage use

In addition to its challenge to manufacturers, the FDA also announced it had fined around 130 retailers who were caught selling e-cigarettes to underage individuals and sent alm...

Needles in strawberries: Who police suspect

Needles in strawberries: Who police suspect

Acting Detective Chief Superintendent Lawrence said officers were looking into unconfirmed reports of contamination involving other strawberry brands. He said police are "comfort...

Waffle House is Preparing to Stay Open During Hurricane Florence

Waffle House is Preparing to Stay Open During Hurricane Florence

In fact, the Waffle House is so hard to close down that FEMA uses a scale based on Waffle House closures to tell just how bad a hurricane and its aftermath actually are. At lea...

Oil pushes past $80 as Iran fears mount

Oil pushes past $80 as Iran fears mount

In other news. August saw OPEC's crude supply hit a nine-month high of 32.63 million bpd, despite concerns over falling production and slashed access in major producers Venezuel...

No import of Australian strawberry brands with needle contamination: AVA

The strawberry industry in the state of Queensland is worth around US$93 million (NZ$142 million) annually, and the government there announced this week that it would offer a rew...

Turkish Lira Eases after Central Bank Rate Hike

Turkish Lira Eases after Central Bank Rate Hike

Treasury Secretary Steven Mnuchin to new talks. It later shed some of those gains but was still up almost three percent in value at 6.16 to the dollar after 1330 GMT. In Augus...