Economy

Petrol, diesel prices drop for third consecutive day

Petrol, diesel prices drop for third consecutive day

Petrol on Sunday was being sold at Rs 81.74 per litre while diesel was priced at Rs 75.19 litre. While speaking to the media after making the announcement of the shutdown, the DPDA chief said that t...

by · Economy
Mega Millions Jackpot Hits $667 Million, Highest In Game History

Mega Millions Jackpot Hits $667 Million, Highest In Game History

Amazingly, it could be someone from outside the United States who will win these fantastic prizes. For Tuesday's, it was $380 million. Tickets for the lottery are sold for $2 each in kiosks, superma...

by · Economy
Sales are brisk as Mega Millions jackpot hits $1.6 billion

Sales are brisk as Mega Millions jackpot hits $1.6 billion

Powerball, which held the record for the largest USA lottery prize of £1.213 billion ($1.586 bn) in 2016, will hold a separate draw on Saturday. Nobody won that one either. The 24 semi-weekly Mega Mil...

by · Economy
China To Welcome New Millionaires At A Rate Faster Than United States

China To Welcome New Millionaires At A Rate Faster Than United States

The nation with the most wealth is the U.S.at $98 trillion. The report which looks at various components of wealth found that the structure of wealth building has shifted towards financial assets ...

by · Economy
Mega Millions numbers for $1B jackpot announced

Mega Millions numbers for $1B jackpot announced

Most winners take the cash option, which would amount to $565.6 million. Should Tuesday produce a victor, it will be the largest prize in U.S. history - and the sum is likely to grow even larger bef...

by · Economy
Caravan of migrants moves back from Guatemala-Mexico border gate

Caravan of migrants moves back from Guatemala-Mexico border gate

The violence broke out after various caravans of migrants gathered at the Guatemala-Mexico border. Some migrants used a rope to jump off the bridge and swim across the river or hitch a ride on t...

by · Economy
Passengers warned as airline suspends flights

Passengers warned as airline suspends flights

The firm said in a shocking statement yesterday evening: "Cobalt regrets to announce that it will be canceling all flights as of 23:50pm on October 17, 2018 due to indefinite suspension of Cobalt's...

by · Economy
Commodities - Oil Rises, Gold Drops on Saudi Concerns

Commodities - Oil Rises, Gold Drops on Saudi Concerns

But the policy was a failure in its own terms, was reversed a few months later, and caused huge long-term damage to Saudi Arabia and OPEC that took decades to reverse. Indian refiners also cut imp...

by · Economy
Trader Joe's recalls salads in 9 states due to listeria, salmonella concerns

Trader Joe's recalls salads in 9 states due to listeria, salmonella concerns

On the same day, GH Foods of Sacramento, California, recalled approximately 940 pounds of ready-to-eat salad sold at Whole Foods, also due to possibly contaminated corn, the FSIS said . Symptoms incl...

by · Economy
Advertisers Accuse Facebook of Knowingly Overestimating Video Viewing

Advertisers Accuse Facebook of Knowingly Overestimating Video Viewing

Facebook is denying new filings brought Tuesday in an ongoing lawsuit by advertisers around its handling of faulty video advertising metrics, Ad Age reported . In reality, the company only included...

by · Economy
Chaos on railway this morning as Paddington closes because of damage

Chaos on railway this morning as Paddington closes because of damage

If your train service is cancelled, you are entitled to a refund or compensation. People can travel to and from the airport via a rail replacement bus service, to take a taxi or use the slower conne...

by · Economy
Facebook Hack Committed by Spammers, Not Spies

Facebook Hack Committed by Spammers, Not Spies

According to a new report by the Wall Street Journal (paywall) that is not the case, as the publication's anonymous sources say that it was in fact the doing of spammers. Among the details accessed...

by · Economy
Italy resists extending anti-Russian sanctions, - PM Salvini

Italy resists extending anti-Russian sanctions, - PM Salvini

The EU's dominant powers, Germany and France, and most other EU members have said the sanctions should stay in place until progress is made in ending that conflict. He stated this in an interview with...

by · Economy
Mega Millions jackpot at $420 million for tonight

Mega Millions jackpot at $420 million for tonight

The next drawing will be Tuesday. The jackpot for Powerball stands at $253 million for Saturday night. Jackpot prizes must be claimed within 60 days of the winning jackpot draw to receive the lu...

by · Economy
China not manipulating currency but lacks transparency

China not manipulating currency but lacks transparency

US President Donald Trump reignited his controversial criticism of the US central bank Tuesday, calling the Federal Reserve his "biggest threat". Federal Reserve Vice Chairman for Supervision Rand...

by · Economy
AUD/USD: Recovery rally stalls as China Q3 GDP slows to 6.5%

AUD/USD: Recovery rally stalls as China Q3 GDP slows to 6.5%

Central bank governor Yi Gang said on Sunday he still sees plenty of room for adjustment in interest rates and the reserve requirement ratio (RRR). The measures have also affected financial confiden...

by · Economy
Netflix posts huge gains as subscriber growth soars

Netflix posts huge gains as subscriber growth soars

But despite those concerns, and last quarter's subscriber wobble, Netflix shares have risen 78% this year, as consumers continue to move away from traditional media and access more content online....

by · Economy
Tesla now sells Model 3 with 260-mile range, $45,000 sticker

Tesla now sells Model 3 with 260-mile range, $45,000 sticker

We asked Tesla why it's adding a new configuration of Model 3 instead of selling higher-margin all-wheel drive models in other markets, but we did not receive a reply. GTM has contacted Tesla for clar...

by · Economy
At Facebook, Public Funds Join Push to Remove Zuckerberg as Chairman

At Facebook, Public Funds Join Push to Remove Zuckerberg as Chairman

According to Reuters , shareholders at Facebook are totally behind ousting Mark Zuckerberg from his position as the company's chairman. They also said that this oversight is needed because Facebook...

by · Economy
China 'regrets' USA leaving postal union amid trade dispute

China 'regrets' USA leaving postal union amid trade dispute

Poor and developing countries are assessed lower rates than wealthier countries, an arrangement that has benefited China . About 60 percent of packages shipped into the country are from Chinese com...

by · Economy
Bangladesh ranks 103rd out of 140 nations on global competitiveness list

Bangladesh ranks 103rd out of 140 nations on global competitiveness list

Regionally, more countries in East Asia and the Pacific were ranked as more competitive than European countries. Factors to assess economies were revised under the new Global Competitiveness Index ...

by · Economy
Tesla buys land in Shanghai, China for factory

Tesla buys land in Shanghai, China for factory

The factory will help tap China's rapidly growing market for so-called new-energy vehicles, a category comprising electric battery cars and plug-in electric hybrid vehicles. Back in August, the compan...

by · Economy
Jamal Khashoggi: Turkey scours forest for HACKED UP remains after BARBAROUS 'murder'

Jamal Khashoggi: Turkey scours forest for HACKED UP remains after BARBAROUS 'murder'

However, authorities have so far only said they are concerned about their missing citizen as they take part in an investigation into his disappearance at the consulate and the Saudi consul's house. "I...

by · Economy
EBay Sues Amazon, Accusing Illegal Seller Poaching

EBay Sues Amazon, Accusing Illegal Seller Poaching

Wednesday, accusing its e-commerce rival of illegally poaching its sellers. EBay has filed a lawsuit against Amazon, accusing the U.S. retail giant of using illegal tactics to recruit sellers. Ama...

by · Economy

Further US rate hikes 'most likely' needed: Fed minutes

The release of the minutes comes amid growing tensions between the White House and the Fed , which is an independent agency. United States central bankers see no reason to pause the current course ...

by · Economy
Don't mention the oil price - US legal threat prompts change at OPEC

Don't mention the oil price - US legal threat prompts change at OPEC

Crude oil prices gained about $10 a barrel in three months to October 3 but gave up $6 in the following 10 days. Saudi Arabia , the de facto leader of OPEC, is the only oil producer with signific...

by · Economy
Are Investors Losing Faith In Tether’s Stablecoin?

Are Investors Losing Faith In Tether’s Stablecoin?

Investors seeking to acquire Tether should first purchase Ethereum or Bitcoin using an exchange that deals in USA dollars such as Changelly, Coinbase or GDAX. Now, just three weeks after Noble Ban...

by · Economy
Missing journalist calls for 'free Arab society' in final column

Missing journalist calls for 'free Arab society' in final column

Missing journalist Jamal Khashoggi's Turkish fiancee Hatice Cengiz wait in front of the Saudi Arabian consulate in Istanbul on October 3, 2018. According to leaks from Turkish officials, Khashoggi...

by · Economy

Lawsuit Alleges Facebook Duped Advertisers, Publishers With Inflated Video Stats

The group of advertisers, including Las Vegas-based marketing agency Crowd Siren and Pennsylvania resident Jonathan Murdough, took the social media company to court after a September 2016 report revea...

by · Economy
Despite Trump criticism, Fed sees need for more rate hikes

Despite Trump criticism, Fed sees need for more rate hikes

Federal Reserve policymakers are largely united on the need to raise borrowing costs further, minutes from their most recent policy meeting show, despite U.S. rates and the U.S. trade war with China....

by · Economy