Economy

Wary of crypto, United Kingdom government blocks Royal Mints digital gold

Wary of crypto, United Kingdom government blocks Royal Mints digital gold

Had the deal gone through, it would have been the first time a government from a developed country would have been involved with a crypto exchange . The Royal Mint in the United Kingdom, that mak...

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IBM to Acquire Red Hat for $34 Billion

IBM to Acquire Red Hat for $34 Billion

And yes, enterprises will go from Red Hat-a proverbial Switzerland of software and the cloud-to an IBM-Red Hat combination and one throat to choke. Still, IBM is paying $190 a share, and the $34 bi...

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U.S. Exxon lawsuit takes aim at Alberta oilsands over climate risks

U.S. Exxon lawsuit takes aim at Alberta oilsands over climate risks

There is plenty of other litigation in the climate change field, including more than a dozen lawsuits filed by an array of cities , counties and one state, Rhode Island, against coal, oil and gas c...

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US economy grew at strong 3.5 percent rate in Q3

US economy grew at strong 3.5 percent rate in Q3

Growth in consumer spending, which accounts for more than two-thirds of USA economic activity, is expected to have been strong in the third quarter after a 3.8 percent increase in the second quarter. ...

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India's IT Trade Association, Nasscom, Clarifies That Cryptocurrencies Are Illegal

India's IT Trade Association, Nasscom, Clarifies That Cryptocurrencies Are Illegal

While the number of startups rose, seed-stage funding fell 21% in 2018. Depicting growth in Indian start-up industry, a total of $4.3-billion (Rs 31,476-crore) were raised by the start-ups over ...

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Oil prices recover after stock markets plunge

Oil prices recover after stock markets plunge

Brent for December settlement was 51c lower at $76.38 a barrel on the London-based ICE Futures Europe exchange, after rising 72c on Thursday. US crude CLc1 was down 56 cents, or 0.8 percent, at $66....

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Dyson picks Singapore to build EVs rivalling Tesla

Dyson picks Singapore to build EVs rivalling Tesla

The facility will employ thousands more workers in addition to the 1,100 Dyson employees now stationed in Singapore . Dyson said the decision was based on the availability of engineering talent...

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Trump says he 'maybe' regrets making Powell Fed chairman

Trump says he 'maybe' regrets making Powell Fed chairman

That contrasted with his response to a similar question on October 11, when he answered, "I'm not going to fire him". Powell's actions at the USA central bank threaten economic growth, the president...

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Risk of flight disruption, traveller chaos in no-deal Brexit - IATA

Risk of flight disruption, traveller chaos in no-deal Brexit - IATA

It also wants and a framework for regulating safety and security before the exit in March 2019 as well as policies and processes for efficient border management. "As a short term, emergency fall-bac...

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Tesla faces Federal Bureau of Investigation probe over Model 3 numbers

Tesla faces Federal Bureau of Investigation probe over Model 3 numbers

The FBI is reviewing Tesla's Model 3 production numbers as a part of a deepening criminal probe into the company, according to a report. The newspaper cited "people familiar with the matter", who said...

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Taco Bell Gives Best Reason To Watch Baseball: Free Tacos

To be clear, this promotion says "when". Granted it is a big expense for the franchises. This year, Taco Bell will be offering promotional baseball caps. After all, TOPPS NOW baseball cards capture ...

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British Airways warns another 185000 cards compromised by data breach

British Airways warns another 185000 cards compromised by data breach

Another 108,000 may have had details stolen not including the CVV, the three-digit code which acts as an extra layer of protection for online transactions. "While British Airways does not have conclus...

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Central Intelligence Agency director set to brief Trump on Khashoggi as President fumes

Central Intelligence Agency director set to brief Trump on Khashoggi as President fumes

However, the Saudi government's version that a fist fight led to the killing of Khashoggi is not credible at all, according to the media rights group. Yesterday, broadcaster NTV said Turkish investi...

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Which cars are most reliable?

Which cars are most reliable?

Ford is the "best of the worst" at 18 and Buick dropped 11 spots to 19. Tesla said that was why the Model S has been top ranked on Consumer Reports' owner satisfaction survey every year since 20...

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Petrol, diesel rates decline in the last eight days

Petrol, diesel rates decline in the last eight days

Today's price reduction is the ninth consecutive one this month during which it touched an all-time high of Rs 84 per litre in Delhi and Rs 91.34 in Mumbai. Like every morning, the price of petrol and...

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Man accused of Ryanair racist outburst apologises to victim

Man accused of Ryanair racist outburst apologises to victim

Mesher says he regrets the language, adding "I'm not a racist person by any means, and it's just a fit of temper at the time, I think". The man then calls her "an ugly f****** c***" and tells staff ...

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China leads the way as worlds billionaires get even richer

China leads the way as worlds billionaires get even richer

According to the report, the world's 2,158 billionaires grew their combined wealth by $1.4 trillion past year, more than the GDP of Spain or Australia, as booming stock markets helped the already ver...

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Advertisers finally on message as Twitter reports 29% revenue rise

Advertisers finally on message as Twitter reports 29% revenue rise

Other tech stocks rode the wave of optimism, too, with Facebook closing more than 3 per cent ahead at $150.95. Twitter also addressed how it's preparing for the November 6 midterm elections so use...

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$100,000 Powerball ticket sold in Fargo

$100,000 Powerball ticket sold in Fargo

Possibly the last person in the 22-person pool to find out was Pamela Dennis who had stayed home sick. That means he won about $7,000, before taxes. "I didn't believe him when I got here", added Mic...

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McDonald’s McRib coming back for a limited time starting October 29

McDonald’s McRib coming back for a limited time starting October 29

And yes, in case you forgot, McDonald's delivery is totally a thing now. The McRib has been on the menu at one time or another for over 30 years. "With the McRib also now available via McDeliver...

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Amazon shares fall after third-quarter sales miss estimates

Amazon shares fall after third-quarter sales miss estimates

It will cost Amazon an extra $333 million to fund its higher salaries during the fourth quarter, according to Cowen, a financial research company. It also expects operating income between $2.1 billi...

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Snap shares fall to new low as loss widens

Snap shares fall to new low as loss widens

Net loss narrowed to $US325.1 million or 25 USA cents per share, from $US443.2 million or 36 United States cents per share, a year earlier. Snap reported revenue of $297.7 million in the period, surpa...

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European Union formally rejects Italy's draft budget | Money Talks

European Union formally rejects Italy's draft budget | Money Talks

But this time around it was a mixed bag, with some being revised downwards and others up. "We see no alternatives", European Commission Vice President Valdis Dombrovskis said . The dollar gaine...

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Stock market plunge: Wall Street volatility is back with a vengeance

Stock market plunge: Wall Street volatility is back with a vengeance

Earnings have helped", said Robert Pavlik, chief investment strategist and senior portfolio manager at SlateStone Wealth LLC in NY. The Nasdaq has taken bigger losses than other US indexes in recent w...

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Bound Volkswagen T-Cross revealed

Bound Volkswagen T-Cross revealed

Visually, the T-Cross looks as compact as it actually is, and wears the typical Volkswagen corporate front end with a wide-set grille and integrated headlights (LEDs available). Equipment highlights i...

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Google sacks 48 staff for sexual harassment

Google sacks 48 staff for sexual harassment

A spokesperson for Rubin has denied the allegations, the New York Times said. He also got a sweetheart loan from the company for $14 million with less than 1 percent interest to put towards a Japane...

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Ryanair draws flak over handling of racist tirade

Ryanair draws flak over handling of racist tirade

Essex police said in a tweet that they've passed the details onto Spanish authorities but his name has not been released to the general public. The video begins with a row over seating, in which Gay...

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France could impose Saudi sanctions if guilt in Khashoggi killing proved

France could impose Saudi sanctions if guilt in Khashoggi killing proved

Bahout said President Recep Tayyip Erdogan could pressure Saudi Arabia to fix ties with Turkish ally Qatar, which is under a blockade from Gulf Arab states, or to ease pressure on the Muslim Broth...

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WWE Crown Jewel Going Ahead In Saudi Arabia As Planned

WWE Crown Jewel Going Ahead In Saudi Arabia As Planned

MBN, as the former interior minister is colloquially known, "is still Washington's favorite Saudi, except for at the White House", said Gregory Gause, a professor at Texas A&M University who has s...

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Mega Millions Ticket Matching 5 Of 6 Numbers Sold In Stockton

Mega Millions Ticket Matching 5 Of 6 Numbers Sold In Stockton

The Mega Millions website said it was still "pending" for much of the night, but officials this morning are now confirming the monster jackpot is going to one ticket holder. If no one ends up report...

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