Economy

Burberry stops burning unsold goods and using real fur

Burberry stops burning unsold goods and using real fur

It admitted in July to destroying £28.6 million of unwanted items in a single year to prevent them being sold at below-market prices and devaluing the brand. It has also formed a partnership with sust...

by · Economy
Texas Students Hang Poster of Themselves in Local McDonald's, Where It Remains

Texas Students Hang Poster of Themselves in Local McDonald's, Where It Remains

He said the pictures contained "literally no Asians", and decided he and Toledo should rectify that situation. After their giant poster of the photo arrived, Maravilla found an old McDonald's shirt ...

by · Economy
Goldman Sachs Reportedly Delaying Creation Of Crypto Trading Desk

Goldman Sachs Reportedly Delaying Creation Of Crypto Trading Desk

All major coins are rangebound and it is possible that the harm done by the fake news won't be recovered quickly. Bitcoin BTC=BTSP was trading down almost 4.8 percent at $7,007 on the Luxembourg-b...

by · Economy

Trump vows for another $267B in tariffs on Chinese goods

US President Donald Trump announced on Friday that his administration intends to go ahead with tariffs on US$200 billion worth of Chinese imports, the most dramatic escalation of the trade war bet...

by · Economy
Fun Facts About the 2020 Mercedes-Benz EQC 400 4MATIC

Fun Facts About the 2020 Mercedes-Benz EQC 400 4MATIC

Mercedes-Benz, the world's largest maker of luxury cars, is rolling out its first in a series of battery-powered vehicles, adding to a growing array of high-end brands targeting Tesla . The EQC is a ...

by · Economy
Obama speaks at U of I: Trump is ‘capitalizing on resentment’

Obama speaks at U of I: Trump is ‘capitalizing on resentment’

It's a vision that says the protection of our power and those who back us is all that matters even when it hurts the country". He praised America's accomplishments but said there is a darker side ...

by · Economy

Goldman drops bitcoin trading plans for now

Bitcoin is down 5% to $6985. In line with ethereum's latest fall, hundreds of alt-coins on the website coinmarketcap .com have posted declines of around 20% over the last 24 hours. The ban in Septe...

by · Economy
Amazon India Website and Mobile App Gets Hindi Interfaces

Amazon India Website and Mobile App Gets Hindi Interfaces

In 2017, Amazon rolled out an option to switch to the Spanish language on its United States site. By 2021, 73 percent of India's internet users will prefer to use languages other than Englis...

by · Economy
South Africa in recession for first time since 2009 as rand slumps

South Africa in recession for first time since 2009 as rand slumps

A technical recession happens when a country experiences two quarters of negative growth consecutively. The main reason for negative growth in Q2 was a "fall-off in activity in the agriculture, tran...

by · Economy
Iran Will Export Crude Oil Despite US Pressure

Iran Will Export Crude Oil Despite US Pressure

International Brent crude oil futures was at $77.43 per barrel, a 0.3 % drop from its last close and West Texas Intermediate crude futures also fell to $69.62 per barrel, down by 0.3 %. US President...

by · Economy

South Africa slips into recession

Latest economic data by the country's statistics agency showed second quarter gross domestic product (GDP) declined by about -0.7 per cent , driven by the poor performance in key sectors, including a...

by · Economy
Veteran Massachusetts Democratic congressman faces challenge from left

Veteran Massachusetts Democratic congressman faces challenge from left

Ocasio-Cortez worked the late Sen. Ayanna Pressley , a Boston city councilor who ran as a progressive activist, ousted 10-term Democratic Rep. Michael Capuano Tuesday in a Massachusetts House p...

by · Economy
Amazon becomes second $1 trillion company in US

Amazon becomes second $1 trillion company in US

Amazon has become the second company to be valued by Wall Street at $1tn, a matter of weeks after Apple beat the online retailer to reach the milestone first . " Amazon's cloud business is an ext...

by · Economy
Former 'Cosby Show' actor Geoffrey Owens speaks out after being job shamed

Former 'Cosby Show' actor Geoffrey Owens speaks out after being job shamed

Although he had a very positive outlook on all of the attention he was getting for simply holding down a job, he did feel like was being shamed for working for an hourly wage, but was quickly relieved...

by · Economy
Amazon Hits $1 Trillion Valuation

Amazon Hits $1 Trillion Valuation

Amazon has become the second publicly traded company to be worth $US1 trillion, hot on the heels of Apple. Indeed, it was less than a year ago in early October 2017 that Amazon shares first crossed ...

by · Economy
Oil prices jump as Gulf of Mexico rigs evacuated

Oil prices jump as Gulf of Mexico rigs evacuated

International Brent crude futures, by contrast, lost ground, trading at US$78.10 per barrel, down 5 cents from their last close. China's targeting of natural gas and oil products for tariffs is a ...

by · Economy
Petrol, diesel prices rise for 10th day in a row

Petrol, diesel prices rise for 10th day in a row

These prices vary significantly across states depending on various tax levies and cess. Diesel was at Rs 75.54/litre, up by Rs 0.44/litre. A litre of petrol in Mumbai costs ₹86.56 on Monday. "Second...

by · Economy
Chinese billionaire arrested in Minneapolis

Chinese billionaire arrested in Minneapolis

A Chinese billionaire was arrested in Minnesota on suspicion of criminal sexual conduct, police said Sunday. The jail records don't provide details of the alleged incident. The firms will marry JD's...

by · Economy
CBBC Newsround: Prime Minister Theresa May dancing through her Africa tour

CBBC Newsround: Prime Minister Theresa May dancing through her Africa tour

Sceptics say closer ties and more trade with Africa will do little to offset the economic impact of Brexit . May also stopped in South Africa, another of the continent's top economies, and she goes...

by · Economy
California looks to adopt Obama-style net neutrality rules

California looks to adopt Obama-style net neutrality rules

If the California Governor Jerry Brown passes the bill, it would prohibit internet service providers such as AT&T and Comcast from tampering with web traffic to California broadband customers,...

by · Economy
Google bought Mastercard data to link ads with in-store purchases

Google bought Mastercard data to link ads with in-store purchases

The partnership is apparently one way Google can measure retail spending and boost its business as Amazon and other online companies continue to grow, according to the report. Google isn't commenting ...

by · Economy
New Australian prime minister eager to maintain close ties with Indonesia

New Australian prime minister eager to maintain close ties with Indonesia

Relations between the two countries had warmed under Turnbull, who appeared to enjoy a good rapport with Widodo. "In particular, the agreement to increase import quotas and decrease tariffs for carr...

by · Economy
S&P flat, Dow dips as U.S., Canada end trade talks

S&P flat, Dow dips as U.S., Canada end trade talks

President Donald Trump . Stocks hardly budged Friday as the USA and Canada were unable to complete a trade deal, but the two sides intend to continue negotiating next week. The S&P 500 ended flat wh...

by · Economy

Cboe to Launch Ethereum Futures Before the End of 2018

If this is true, it could mean a lot for Ethereum. According to Lee, futures contracts are in fact to blame for the crypto market's "gut-wrenching" drop , as his data revealed bitcoin's price...

by · Economy
Britain’s Brexit negotiator sees mid-October as target date for deal

Britain’s Brexit negotiator sees mid-October as target date for deal

Dominic Raab, the UK's chief Brexit negotiator, has said he is "stubbornly optimistic" that he will sign a Brexit deal with the European Union by November. Politicians fear that a return to customs ...

by · Economy
Uber To Shift Gears….Focus More On Bikes And Electric Scooters

Uber To Shift Gears….Focus More On Bikes And Electric Scooters

In September, Bird and Lime will be permitted to launch with 250 scooters, but capped at 750. Why did Scoot Kick and Skip win? Uber customers looking for a short ride in the city would be ...

by · Economy
Ford kills plan to sell Chinese-made vehicle in the United States

Ford kills plan to sell Chinese-made vehicle in the United States

General Motors has been working to gain an exemption for its Buick Envision, which is built in China and sold there as well as the United States. According sales data gathered in March 2018 by Motor I...

by · Economy
Agriculture GDP clocks 5.3% growth in Q1

Agriculture GDP clocks 5.3% growth in Q1

The fast economic growth comes as a major boost for PM Narendra Modi before the Lok Sabha elections of 2019 and will blunt the criticism of mismanagement of the economy from Opposition parties who hav...

by · Economy
Panasonic plans to move European headquarters out of United Kingdom amid Brexit worries

Panasonic plans to move European headquarters out of United Kingdom amid Brexit worries

Panasonic, the £55 billion ($71 billion) Japanese electronics giant, has announced plans to move its European headquarters out of the United Kingdom as Brexit uncertainty continues to weigh on the m...

by · Economy

Canada ‘will be out’ of trade deal unless it’s ‘fair’

Trump confirmed the authenticity of the Bloomberg News remarks in an afternoon tweet. Canada's foreign affairs minister, Chrystia Freeland, was engaged in NAFTA negotiations for the better part...

by · Economy