Money

Dow wipes out gains for the year with 600-point plunge

Dow wipes out gains for the year with 600-point plunge Australian shares are also headed for a substantial drop this morning, following the collapse in United States investor sentiment. 'The sentiment and the outlook seems to be turning more negative, or at the very least, less rosy'. The Dow Jones Industrial Average was higher thanks to the gain in Boeing. Texas Instruments, a major chipmaker, slumped 8.2 percent and AT&T fell 8.1 percent. [Full Article...]

McDonald's breakfast gets triple stacked with new sandwich

McDonald's breakfast gets triple stacked with new sandwich What's going on: McDonald's announced Wednesday that it will add a new sandwich called the Triple Breakfast Stacks , Business Insider reports . The Chicago-based fast food-chain started offering all-day breakfast in 2015 due to customer demand. [Full Article...]

Historic $1.6 billion Mega Millions drawing set for tonight

Historic $1.6 billion Mega Millions drawing set for tonight What are the odds of winning? "Although we're going for that $1.6 billion jackpot , there are nine other levels of prizes so there will be many millionaires that come out of this jackpot as well", Georgia Lottery President and CEO Gretchen Corbin said. [Full Article...]

Donald Trump Calls Jamal Khashoggi's Death 'Worst Cover-Up Ever'

Donald Trump Calls Jamal Khashoggi's Death 'Worst Cover-Up Ever' It was carried out poorly, and the cover-up was one of the worst in the history of cover-ups". Trump said he was convinced King Salman had no advance knowledge of the incident, according to the Journal . "We continue to view as achievable the twin imperative of protecting America and holding accountable those responsible for the killing of Mr. Khashoggi", Mr Pompeo said. [Full Article...]

Italy's budget rejected by European Commission

Italy's budget rejected by European Commission The tangle contributed to a selloff in global equities. Italy's far-right deputy prime minister, however, maintained that the Eurosceptic government in Rome stands by its budget. This means Italy has three weeks to revise its budget under European Union rules. Dombrovskis said previous year Italy's debt represented an average burden of 37,000 euros per inhabitant and the country spent about th... [Full Article...]

Saudi Arabia pledges $3 billion to Pakistan amid balance of payment crisis

Saudi Arabia pledges $3 billion to Pakistan amid balance of payment crisis The visit also comes as Pakistan's central bank warned this week that inflation would likely double in the coming year - hitting 7.5 per cent - while the country's growth target rate of 6.2 per cent would likely be missed. Khan told the Middle East Eye in an interview published yesteray that he could not pass up the invitation to meet Saudi leaders again. "There are vast amounts of mineral wea... [Full Article...]

Saudi ready to boost oil output, spare capacity: minister

Saudi ready to boost oil output, spare capacity: minister The global benchmark crude traded at a premium of US$10.22 to WTI. Later on Tuesday, the American Petroleum Institute is set to release it estimates of weekly inventories. Mr Falih said on Monday that there were no intentions of doing that. "Saudi Arabia's energy minister has dealt a fresh heap of bearish fodder onto the energy complex", quipped PVM Oil analyst Stephen Brennock. [Full Article...]

Harley's Pricier Bikes Rescue Profit as Sales Decline

Harley's Pricier Bikes Rescue Profit as Sales Decline Trump turned the tables in June and tweeted his support for a boycott against Harley-Davidson after the company said it would shift some manufacturing overseas to sidestep new tariffs imposed by the EU. The company still dominates the local heavyweight motorcycle market, but rivals such as Polaris are chipping away at its market share. But much of the strategy's success in a highly cost-competit... [Full Article...]

Dyson to build electric cars in Singapore, with launch planned for 2021

Dyson to build electric cars in Singapore, with launch planned for 2021 Dyson announced the production location of its first electric vehicle in Singapore , where a new factory is set to be completed in 2020, one year ahead of the model's official launch. "It is therefore the right place to make high-quality technology loaded machines, and the right place to make our electric vehicle", he said. The company already has production facilities in Malaysia and Singapor... [Full Article...]

$1.6 billion Mega Millions jackpot up for grabs Tuesday night

$1.6 billion Mega Millions jackpot up for grabs Tuesday night Mega Millions is played in 44 states Washington, D.C., and the U.S. Virgin Islands. Lottery officials changed the odds in recent years to lessen the chance of winning a jackpot, which in turn increased the opportunity for top prizes to reach stratospheric levels. [Full Article...]

Canadian postal worker strike begins in Windsor

With a strike in place, Canada Post told the Canadian Press it would notify their customers of any disruptions to service and said postal delivery would continue with possible "minor delays" including delivery of legalized cannabis purchased online. [Full Article...]

Musk says hyperloop test tunnel will open in December

Musk says hyperloop test tunnel will open in December A lot of details remain unknown, but The Boring Company's ultimate goal is to build a high-speed underground public transportation system known as the Loop. Existing Chicago trains take about 40-45 minutes to travel that same route . For longer routes, this vacuum-based system could move people and cars without wind resistance, with pods traveling faster than 600 miles per hour. [Full Article...]

Ryanair under fire over racist incident on flight

Yet David Lawrence , who uploaded the footage to Facebook , told the BBC the budget airline's response during and after the "horrible" incident has been unacceptable. Social media users have expressed outrage at the clip, which shows Ryanair staff failing to reprimand the customer or remove him from the plane. Huffington Post has reported that the incident occurred on a Ryanair flight from... [Full Article...]

Apple's Tim Cook calls on 'Bloomberg' to retract Chinese spyware story

Apple's Tim Cook calls on 'Bloomberg' to retract Chinese spyware story Bloomberg News has not returned a request for comment Friday, and neither has Supermicro. Now, with this story , Apple has done something it's never done before: asked Bloomberg for a retraction of the article. Bloomberg told Buzzfeed that it stood by its story . The UK's National Cyber Security Centre (a part of GCHQ ) said they completely supported Apple and Amazon that no such at... [Full Article...]

Petrol, CNG pumps in Delhi to remain shut on Monday

Petrol, CNG pumps in Delhi to remain shut on Monday The strike has been called by Delhi Petrol Dealers Association (DPDA) and enjoys the backing of almost 400 petrol pumps in the city. Unhappy with the Arvind Kejriwal-led Aam Aadmi Party (AAP) government, all 400 petrol pumps in Delhi have started a one-day strike. [Full Article...]

Dutch leader asks Italy to stick to budget rules

Dutch leader asks Italy to stick to budget rules Conte added that "we knew that these measures devised to satisfy the needs of Italian citizens, long unanswered, are not in line with the expectations of the European Commission", and that the Italian government was prepared to respond to comments. [Full Article...]

No victor in Saturday's Powerball drawing; jackpot now worth $620 million

No victor in Saturday's Powerball drawing; jackpot now worth $620 million Players will have another chance to win on Wednesday (10/24) at 11pm. The jackpot has been rolling every drawing since July 27, when it started at $40 million. Mega Millions is now offering a potential prize of $1.6 billion. The last time anyone won the Powerball was on August 11th in NY for $245 million. The next Mega Millions drawing is at 11 p.m. [Full Article...]

Federal deficits are rising. Here's the whole story

Federal deficits are rising. Here's the whole story Is that true? Let's look at the Treasury tables. Republicans had spent much of the Obama administration complaining about the deficit and demanding spending cuts and fiscal restraint, but they have abandoned many of their pledges since Trump took office. [Full Article...]

Shopping centre owner Intu in talks over £2.8bn takeover

Shopping centre owner Intu in talks over £2.8bn takeover The FTSE 250 company confirmed it had received a £2.15 per share revised cash proposal on Oct 17, an increase on the £2.05 per share offered a week earlier. Intu said it intends to issue a trading update for the period from 1 July 2018 as soon as practicable, which will include the outcome of an updated independent valuation of the company's investment and development properties as at 30 September... [Full Article...]

US wealth growth on 10-year streak

US wealth growth on 10-year streak He added that asset price and exchange rate fluctuations had the heaviest impact in Latin America and parts of the Asia-Pacific, contributing to much of the year-on-year variation in wealth levels. While Singapore's average debt of US$53,000, which is 16 percent of total assets, is fairly moderate for a high-wealth country, its household wealth experienced a strong increase at 7.4 percent to aroun... [Full Article...]


« Previous 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29  Next »