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Treasury Secretary Mnuchin pulls out of Saudi investment conference

In this December 15, 2014 file photo, Jamal Khashoggi , then general manager of a new Arabic news channel speaks during a press conference, in Manama, Bahrain. He was reportedly told to " shut up if you want to live when you are back in Saudi Arab...

What Canada's legalization of marijuana means for travelers

But because the country uses US dollars, its legal marijuana sellers can not tap into USA -regulated financial systems such as USA banks or the major credit card networks, which are forbidden from handling drug money. Wednesday, it shipped more canna...

Trump denies covering for Saudis on journalist, says truth out soon

The U.S. has asked Turkey for a recording that could reveal gruesome details of what happened to Saudi journalist Jamal Khashoggi , President Donald Trump said Wednesday. Saudi support will also be key to the political elements of the plan that Is...

Saudis Preparing to Admit Journalist Killed By Mistake During Interrogation

Sir Richard said he was suspending his work on two Saudi tourism projects and curtailing talks of Saudi investment in two other projects. Trump previously warned of "severe punishment" for the kingdom if it was found to be involved in Khashogg...

Oil prices edge up on surprise drawdown in U.S. crude stockpiles

US sanctions on Iran's oil exports are scheduled to kick in on November 4. Meanwhile, OPEC Secretary-General Mohammad Barkindo on Tuesday urged oil producing companies to increase capacities and invest more to meet future demand as spare oil capa...

Volkswagen Fined $926 Million by German Courts for Diesel Emissions Scandal

The fine is related to its six- and eight-cylinder diesel engines, which violated emission regulation standards in the country. Volkswagen said Tuesday it accepted the fine imposed by German prosecutors, waving its right to appeal. In September 2...

Climate change may brew trouble for beer lovers

In the USA, this could mean a reduction of hundreds of millions of gallons of beer. The findings come a week after a dire United Nations report described the consequences of risky levels of climate change including worsening food and water shortage...

Pompeo meets Saudi royal family to discuss Jamal Khashoggi's disappearance

Yesterday, the New York Times , CNN , and later CBS reported that the Saudis were preparing an admission that an "interrogation" got out of hand, resulting in Khashoggi's supposedly accidental death. On Tuesday, Washington Post publisher an...

Numbers drawn for $667 million Mega Millions jackpot

The jackpot had swelled because nobody has won since July 24. The drawing was worth $414 million, but a Florida couple also had a winning ticket, so the pot was split. You can play Mega Millions in 46 localities: 44 states plus the Washington, D.C....

Saudi Arabia warns against any sanctions over missing journalist case

Reportedly, Jamal Khashoggi has not been seen since entering the consulate on the afternoon of October 2. Turkish authorities claim they have video and audio recordings indicating Khashoggi was first interrogated in the consulate, then tortured and...

YouTube Goes Offline For Users Worldwide

Aussieoutages.com reports that users in Queensland, New South Wales, Victoria and Western Australia are feeling the impact. We are getting reports that some YouTube TV features are not working like the Home page but the guide is working right now.

Modi urges oil suppliers to review payment terms to give rupee relief

Also, unrelenting fuel price rise since mid-August has negated cut in taxes and subsidy. Oil prices rose on Tuesday on signs of falling Iran oil exports ahead of U.S. The oil exchange is a mechanism that attempts to sidestep the USA sanctions, wh...

Mega Millions, Powerball, Hoosier Lotto jackpots soaring

No one has won the Mega Millions jackpot since July 24, when a San Jose office pool of 11-co-workers matched all six numbers to split a $543 million prize. Since the Mt. Juliet victor added the Power Play option for an extra dollar, the base prize ...

'Rogue Killers' May Have Murdered Saudi Journalist, Trump Suggests

Trump himself said without offering evidence that the slaying could have been carried out by " rogue killers ", offering the USA -allied kingdom a possible path out of a global diplomatic firestorm. "It has yet again shown the world that the Saudi go...

Saudis Reject Threats as Stocks Plunge After Trump Comments

On Sunday, JP Morgan Chase & Co Chief Executive Jamie Dimon became the latest high-profile participant to cancel plans to attend the FII, following the disappearance of Saudi journalist Jamal Khashoggi . In an excerpt from an interview with CBS'...

Sears files for bankruptcy as CEO steps down

Sears store is pictured with a sign indicating the store remains open during the ongoing redevelopment of the neighboring Granite Run Mall in Media, Pennsylvania, U.S., October 10, 2018. Negotiations over the fate of the fallen company have been cont...

Sears craters after filing for bankruptcy (SHLD)

The company already has commitments for US$300 million of debtor-in-possession financing from its senior secured asset-based revolving lenders, according to the statement, and it's negotiating a US$300 million subordinated DIP financing with Lamper...

Saudi Arabia says will retaliate against any sanctions over Khashoggi case

A foreign ministry official said the inspection would be a joint one carried out by Turkish and Saudi officials. This has been described as a major blow to the Kingdom's economic plans. The kingdom has called such allegations "baseless" but has not...

IEA lowers its growth forecast in oil demand for 2018, 2019

The energy watchdog noted that the world's spare oil production capacity was down to 2 percent of global demand, with further imminent falls. Prices for the US oil benchmark edged higher Friday as investors assessed the next leg of a volatile stock...

Saudi journalist's death recorded on his Apple Watch: Turkish newspaper

Saudi intelligence noticed the watch on Khashoggi's wrist "and tried to erase some files", the paper said. Turkish security units analysed how Khashoggi's reported killing unfolded with the use of a translator, according to Sabah . "Human rights, ...

Mega Millions winning numbers announced for $548 million jackpot

Four tickets matched all five white balls to earn the second prize, and 37 matched four white balls and the Mega Ball for a third-place prize. It was the 22nd consecutive drawing that no one matched all six numbers. A victor who opted for a cash payo...

Singapore Airlines relaunches world's longest nonstop flight

With only business and premium classes, the Singapore Airlines flight SQ22 is set to take off tonight from Singapore's Changi Airport for Newark , five years after the national carrier cut the route for financial reasons. I flew here via Frankf...

Turkey accuses Saudi of not cooperating as Trump threatens 'punishment'

Meanwhile Prince Mohammed's big October conference - the Future Investment Initiative dubbed by media as the "Davos in the Desert" after the annual conference in the Swiss resort - has suffered a litany of cancellations over the controversy.

India To Continue Iranian Oil Imports In November Despite U.S. Sanctions

The U.S. President Donald Trump has clearly stated that the U.S. sanctions against Iran beginning from November 4, 2018, will block payment routes. Companies turned off daily production of about 670,800 barrels of oil and 726-million cubic feet o...

Trump says Fed 'out of control' but won't fire Powell

Mr Trump is correct in saying that rising interest rates tend to strengthen the USA dollar, as investors return funds to the United States in search of higher returns and safer investments. Consider that as rates are higher this year, the USA gove...

James Murdoch in line to replace Elon Musk as Tesla chairman

The brief was required by a federal judge who must approve a securities fraud settlement reached with Musk and the company last month. According to the SEC's complaint related to his tweet about Tesla going private, Musk calculated a 20% premiu...

Facebook downgrades breach count from 50 million to 30 million users

Facebook says the FBI is investigating a major security breach of its service, but the company says authorities asked it not to discuss who may be behind the attack. There, you'll likely see one of the following two messages: You're in the clear, or ...

Singapore Airlines flight sets record after nearly 18 hr trip

Well, if you happen to be travelling from Singapore to NY or vice versa in the future you could be about to embark on a record-breaking flight, as a new route is about to launch between the two destinations and in doing so, it will become the world's...

China's September trade surplus with U.S. widens to record $34.13 billion

However, an oil trader told Reuters that refinery run rates have been on the rise last month, suggesting demand for fuels was improving. China's exports to the USA rose to $46.7 billion while imports slumped to $12.6 billion. "We expect the dynam...

Turkish prosecutor seeks 10-year jail term for United States pastor

He was swept up in the wave of arrests that followed the botched military coup in 2016, during which tens of thousands of people - including artists, intellectuals and ordinary Turks - were detained. "We're hopeful but it's a fluid situation", said o...

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Breaking News

Turkey accuses Saudi of not cooperating as Trump threatens 'punishment'

Meanwhile Prince Mohammed's big October conference - the Future Investment Initiative dubbed by media as the "Davos in the Desert" after the annual conference in the Swiss resort -...

India To Continue Iranian Oil Imports In November Despite U.S. Sanctions

The U.S. President Donald Trump has clearly stated that the U.S. sanctions against Iran beginning from November 4, 2018, will block payment routes. Companies turned off daily p...

Trump says Fed 'out of control' but won't fire Powell

Mr Trump is correct in saying that rising interest rates tend to strengthen the USA dollar, as investors return funds to the United States in search of higher returns and safer...

James Murdoch in line to replace Elon Musk as Tesla chairman

The brief was required by a federal judge who must approve a securities fraud settlement reached with Musk and the company last month. According to the SEC's complaint related ...

Facebook downgrades breach count from 50 million to 30 million users

Facebook says the FBI is investigating a major security breach of its service, but the company says authorities asked it not to discuss who may be behind the attack. There, you'll ...

Singapore Airlines flight sets record after nearly 18 hr trip

Well, if you happen to be travelling from Singapore to NY or vice versa in the future you could be about to embark on a record-breaking flight, as a new route is about to launch b...

China's September trade surplus with U.S. widens to record $34.13 billion

However, an oil trader told Reuters that refinery run rates have been on the rise last month, suggesting demand for fuels was improving. China's exports to the USA rose to $46...

Turkish prosecutor seeks 10-year jail term for United States pastor

He was swept up in the wave of arrests that followed the botched military coup in 2016, during which tens of thousands of people - including artists, intellectuals and ordinary Tur...

President Trump blames 'loco' Federal Reserve for October's big stock drop

The Fed, as you know, is gradually raising short-term rates to unwind the zero-percent rates it imposed in 2008-2009 to combat the financial crisis. Trump said he had no intent...

International Monetary Fund downgrades outlook for U.S., China as result of trade war

The fund also slightly lowered its forecast for Japan's economy to 1.1 percent growth in 2018, down 0.1 of a percentage point from an April estimate, but maintained a prediction ...

Special Reports

European Union officials warned to prepare for no-deal Brexit

European Union officials warned to prepare for no-deal Brexit

As manufacturers of cars and other goods warn the Theresa May government of job losses and other impact of Brexit, a report promoted by former prime minister Tony Blair on Thur...

Tech stocks lead Wall Street slump as investors shun risk

Tech stocks lead Wall Street slump as investors shun risk

Wall Street stocks plunged Wednesday, with major indices losing more than three percent in a selloff prompted by the sudden jump in United States interest rates. The FAANGs, spre...

US market 'correction' isn't surprising - US Treasury secretary

US market 'correction' isn't surprising - US Treasury secretary

President Donald Trump said he believes "the Fed has gone crazy " amid recent interest rate hikes. The turmoil came a day after the International Monetary Fund slashed its glo...

International Monetary Fund raises Japan growth forecast, cuts global estimate due to trade tension

International Monetary Fund raises Japan growth forecast, cuts global estimate due to trade tension

US President Donald Trump has accused China of deliberately manipulating its currency to gain a trade advantage, claims Beijing consistently rejected. Tobias Adrian, director o...

Yale And NYU Professors Share Nobel In Economics

Yale And NYU Professors Share Nobel In Economics

Responding to press question about this year's prize and climate change , Romer said , "Optimism helps to motivate people". "Darn right they were sending a message", Warsh said...

'The Fed has gone crazy': Trump points finger for Wall Street tumble

'The Fed has gone crazy': Trump points finger for Wall Street tumble

It's so tight. I think the Fed has gone insane ", Trump told reporters as he arrived for a campaign rally ahead of the U.S. mid-term elections. A stock market correction is de...

Turkish Official: Saudis Used Bone Saw to Dismember Body of Jamal Khashoggi

Turkish Official: Saudis Used Bone Saw to Dismember Body of Jamal Khashoggi

The Post has obtained video recordings and other evidence showing how a group of 15 Saudi operatives entered the country on October 2, the day Mr. He moved to the U.S. mor...

Saudi Arabia to let Turkey search its Istanbul consulate

Saudi Arabia to let Turkey search its Istanbul consulate

Iran's Oil Minister this week brushed off "nonsense" claims by Saudi Crown Prince Mohammed bin Salman that Saudi Arabia can replace Iranian oil. No security footage has bee...

China stocks rebound as Beijing boosts policy support

China stocks rebound as Beijing boosts policy support

Conglomerate Metro Pacific Investments Corp., however, advanced 4 percent to P4.95, while Globe Telecom Inc., the second-largest telecommunications company, gained 2.6 percent to P...