Economy

UK's Cuadrilla to begin fracking on Oct 13 after injunction dismissed

UK's Cuadrilla to begin fracking on Oct 13 after injunction dismissed

The judge said the site's safety had been assessed by the Health and Safety Executive (HSE) and there was "no evidence" to support Mr Dennett's argument that it should have been categorised as posing ...

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Saudi Arabia vows retaliation against punitive measures

Saudi Arabia vows retaliation against punitive measures

The Saudi stock market lost $US33 billion of its value on Sunday amid investor worries about deteriorating worldwide relations, one of the first signs of the economic pain that Riyadh could suffer o...

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Bitcoin Price Volatility And Bear Market Not Caused By Bitcoin Whales

Bitcoin Price Volatility And Bear Market Not Caused By Bitcoin Whales

Not only can they have an impact through their organic investment decisions, but they can also purposefully manipulate markets because of the large quantities of Bitcoin they possess. These wallets ...

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Why pizzas and burgers are set to shrink?

Why pizzas and burgers are set to shrink?

Pies, ready meals and sandwiches will also be subject to the new proposed calorie limits, in a desperate bid to tackle Britain's obesity crisis. "Children and adults routinely eat too many calorie...

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22 killed as truck carrying migrants crashes in Turkey

22 killed as truck carrying migrants crashes in Turkey

A further 11 people were injured in the crash and are being treated in nearby hospitals but their nationalities are unknown. Video and photos published by Anadolu showed the mangled wreckage of th...

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Trump Calls Stock Sell-Off 'A Correction,' Says Federal Reserve is 'Crazy'

Trump Calls Stock Sell-Off 'A Correction,' Says Federal Reserve is 'Crazy'

No final decision has been made whether US President Donald Trump and Chinese President Xi Jinping will meet at the gathering of G20 leaders in Buenos Aires, Argentina at the end of November, US Tre...

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Saudi Arabia rejects baseless allegations of Khashoggi murder

Saudi Arabia rejects baseless allegations of Khashoggi murder

US President Donald Trump threatened ally Saudi Arabia on Saturday with " severe punishment " if Khashoggi, who has been critical of Prince Mohammed, was killed inside its Istanbul mission. "The S...

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IEA sees world oil market 'adequately supplied'

IEA sees world oil market 'adequately supplied'

Meanwhile, U.S. total motor gasoline inventories increased by 1.0 million barrels and are about 7 percent above the five year average. Specifically, the agency cut its forecast of global oi...

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Government slashes hybrid vehicle subsidies

Government slashes hybrid vehicle subsidies

A statement supplied to TG.com said: "Now should be the ideal time for the Government to incentivise Plug-in hybrid technology, not pull its support, because such technology forms the flawless segue b...

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Average 30-Year Fixed Mortgage Nearing 5 Percent

Average 30-Year Fixed Mortgage Nearing 5 Percent

The volume of applications for mortgages dropped during the week ending October 5 as average contract interest rates rose to record levels, according to the Weekly Mortgage Applications Survey release...

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Hong Kong: Stocks close up 2.1%

Hong Kong: Stocks close up 2.1%

The Shenzhen Composite plunged 6.07 percent to end at 7524.09. That's nearly 25% of all the companies trading. Hong Kong stocks ended sharply higher Friday as Chinese trade data came in be...

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Woman Booted From Plane Over Emotional Support Squirrel Rips 'Obnoxious' Fliers Who

Woman Booted From Plane Over Emotional Support Squirrel Rips 'Obnoxious' Fliers Who

Indeed, Frontier Airline's policy states: "We do not accept unusual or exotic animals including but not limited to rodents , reptiles, insects, hedgehogs, rabbits, sugar gliders, non-household bi...

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IMF members pledge to avoid using currencies as trade weapon

IMF members pledge to avoid using currencies as trade weapon

The warning from the International Monetary Fund came at its annual meeting with the World Bank in Bali , after it cut its outlook for global GDP growth this week by 0.2 percentage points to ...

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No Winner In Mega Millions Drawing; Jackpot Grows To $654M

No Winner In Mega Millions Drawing; Jackpot Grows To $654M

Players who buy $2 tickets face extremely long odds, with a one in 302.5 million chance of matching all six numbers. The prize money increased by $78 million when no one won Tuesday's drawing. The...

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OPEC cuts oil demand estimate in 2019

OPEC cuts oil demand estimate in 2019

Late last week, the United States hinted that it was at least considering waivers. Oil prices fell to two-week lows on Thursday as they extended big losses from the previous session amid a rout in g...

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Jury’s $250 Million Punishment Against Monsanto Might Get Overturned

Jury’s $250 Million Punishment Against Monsanto Might Get Overturned

Johnson is the first of more than 4,000 cancer patients to take Monsanto to trial. Jurors unanimously found that Monsanto acted with "malice" and that its weed killers Roundup and the professional...

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OPEC: Factors beyond producers’ control are impacting oil market

OPEC: Factors beyond producers’ control are impacting oil market

U.S. West Texas Intermediate (WTI) crude futures fell $1.81, or 2.5 percent, to $71.36 a barrel. Almost 40 percent of daily crude oil production and more than one-third of natural gas output was l...

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BMW plans to take control of China joint venture

BMW plans to take control of China joint venture

The deal will close in 2022 when rules capping foreign ownership are lifted. He said control of the joint venture could spur BMW to bring production of models like the BMW X4, X5 and X6 sport ut...

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Singapore Airlines relaunches world's longest nonstop flight

Singapore Airlines relaunches world's longest nonstop flight

Senior Singapore Airlines executive Campbell Wilson said the Airbus A350-900ULR consumes 25 percent less fuel than an older generation aircraft of the same size. He told the BBC "This is a route b...

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A marathon 19 hours in the air

A marathon 19 hours in the air

The A350 is these days considered the go-to plane for long-haul flights, nudging out the A380, which was previously the flagship for such long distance journeys, and which carries up to 850 passengers...

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Atlas Robot can now do parkour

Atlas Robot can now do parkour

In a new YouTube video from robotics company Boston Dynamics , which Alphabet sold to SoftBank past year, a robot is shown hopping over a log and then up a series of blocks, an activity called p...

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Musk says Murdoch Tesla tilt incorrect

Musk says Murdoch Tesla tilt incorrect

Reporting has suggested the tweets, which caused "significant" disruption to the market, was based on a 20 per cent premium over where the stock was trading before Musk's announcement - although pop-c...

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Facebook Says Hackers Accessed Sensitive Personal Information On 29 Million Users

Facebook Says Hackers Accessed Sensitive Personal Information On 29 Million Users

That suggests Facebook may know or suspect who's behind the breach . Of the 50 million people whose access tokens we believed were affected, about 30 million actually had their tokens stolen. T...

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Lagarde defends rate hikes after Trump's Fed attack

Lagarde defends rate hikes after Trump's Fed attack

Now, if you discount the trade tension/global slowdown theory for this week's stock selloff - and I wouldn't do that, but let's say you did - then you've got to think that the market is fearing that t...

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Online shopping surge helps lift IKEA's full-year sales

Online shopping surge helps lift IKEA's full-year sales

Branded flags fly outside the Ikea store in Hitech City on the outskirts of Hyderabad. The company has opened 19 new outlets around the globe in the past one year, including its first in Hyderabad...

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Trump Warns China Nuclear Tech Exports Will Shrink

Trump Warns China Nuclear Tech Exports Will Shrink

The world's largest trading nation got off to a strong start this year, but its economic outlook is being clouded by the escalating US trade dispute and cooling domestic demand. "Their economy has gon...

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Financial Times reports: UK PM Theresa May says Brexit deal is close

Financial Times reports: UK PM Theresa May says Brexit deal is close

A particular source of contention is what the " backstop ", the fallback option for border arrangements in the event the two sides can not reach an agreement by the end of the transition period, will ...

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China's trade surplus with U.S. widens to record $34.1bn

China's trade surplus with U.S. widens to record $34.1bn

Exports jumped 14.5 percent for September on-year, beating forecasts from analysts polled by Bloomberg News , while imports rose 14.3 percent on-year. China's trade surplus with the United States was...

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Brexit deal next week 'within reach': Barnier

Brexit deal next week 'within reach': Barnier

The Irish backstop measure, created to ensure no new border emerges between Ireland and Northern Ireland, is supposed to be temporary until a UK-EU trade deal can be agreed, and Theresa May pledged ...

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PC market flat in Q3, Microsoft becomes a top five USA vendor

PC market flat in Q3, Microsoft becomes a top five USA vendor

There's some big news in the latest round of PC shipment numbers that are coming from Gartner and IDC . "The PC market continued to be driven by steady corporate PC demand, which was driven by Wind...

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