Finance

Pound pummelled by stronger dollar, mounting Brexit fears

Pound pummelled by stronger dollar, mounting Brexit fears

Connor Campbell, financial analyst at SpreadEx, said: "The fears of a no-deal Brexit have really gathered steam in the last few sessions, a snowball effect stemming from Mark Carney and Liam Fox's...

by · Finance
Stolen plane crashes after 'unauthorised take-off' from Seattle airport

Stolen plane crashes after 'unauthorised take-off' from Seattle airport

The "suicidal" man, who dreamed of joining the military, then said that he had thrown up and that he felt "dizzy". It did not elaborate. "I understand you have a lot of questions but our investigati...

by · Finance
Mexico NAFTA talks drag on as autos sticking points emerge

Mexico NAFTA talks drag on as autos sticking points emerge

Trump went on to warn that he would tax Canadian auto exports if Washington and Ottawa could not arrive at a deal. If the US and Mexico can resolve their bilateral differences in the coming days, th...

by · Finance
Seattle airport employee steals plane, takes off and crash lands

Seattle airport employee steals plane, takes off and crash lands

The aircraft took off and began manoeuvering over Puget Sound. It was a very small two prop plane commuter aircraft was stolen. Two F-15s were scrambled from OR to give chase to the plane. Ketron ...

by · Finance

Airplane taken from Seattle-Tacoma International Airport crashes

With F-15 jets not far behind him, the man's intentions become clear as he spoke to air traffic controllers who were trying to get the man to safely land the plane. "I had 30 to 40 folks involved over...

by · Finance
What To Expect From News Corp's Fiscal 2019

What To Expect From News Corp's Fiscal 2019

Within the segment, News UK, Dow Jones and News Corp Australia revenues grew 4%, 2% and 1%, respectively, while revenues at News America Marketing declined 6%. News Corp Australia reported growth in...

by · Finance
BC government announces changes to how ICBC will calculate premiums

BC government announces changes to how ICBC will calculate premiums

Geography will also become a bigger factor in how rates are calculated, meaning people who live in denser areas such as cities are likely to pay more. "I love it. I've got a clean slate, so it's time ...

by · Finance
Crocs shoe company are closing down all of their factories

Crocs shoe company are closing down all of their factories

Anne Mehlman, who now works at Amazon-owned shoe-seller Zappos.com, will take over from existing CFO Carrie Teffner. Crocs is also closing less productive retail stores as leases expire and focusing...

by · Finance
Investors really aren't buying Musk's plan for Tesla

Investors really aren't buying Musk's plan for Tesla

Such is the unusual nature of Elon Musk's varied business ventures, there tends to be considerable attention on pretty much everything he does and says. "If the tweet was false, the liability coul...

by · Finance
Crocs Shutting Down Manufacturing Plants, CFO To Step Down

Crocs Shutting Down Manufacturing Plants, CFO To Step Down

Now the footwear company's future is unclear. The company did not say how it will continue making the products. "In connection with ongoing efforts to simplify the business and improve profitabili...

by · Finance
Elon Musk Got 1.4 Million Dollars Richer Because Of A Tweet

Elon Musk Got 1.4 Million Dollars Richer Because Of A Tweet

He added that being public " puts enormous pressure " on Tesla , forcing it to make decisions " not necessarily right for the long-term ". The billionaire claimed funding had been " secured " for a...

by · Finance
Next Round of Tariffs Set

Next Round of Tariffs Set

Consequently, the sales figures of American condom companies will be hurt. China says it can weather the storm and official data on Wednesday backed up that claim. China's Ministry of Commerce retal...

by · Finance
Why Turkey’s currency is plunging and what it means

Why Turkey’s currency is plunging and what it means

This is double the level the president imposed on a range of countries earlier this year, including European Union member states. The Turkish lira plunged on Friday, raising questions about the co...

by · Finance
Swedish IKEA opens first single-brand retail store in India

Swedish IKEA opens first single-brand retail store in India

It has been the world's largest furniture retailer since 2008. In doing so, the 75-year-old firm would look to invest not just in developing large format stores in major cities, but also in smalle...

by · Finance
Stolen plane crashes after unauthorised takeoff from Seattle airport

Stolen plane crashes after unauthorised takeoff from Seattle airport

Two F-15s pursued the plane but were not involved in the crash, the sheriff said. The incident closed the Seattle airport to arrivals and departures for a short time, but flights have since return...

by · Finance
Monsanto ordered to pay $289m damages in Roundup cancer trial

Monsanto ordered to pay $289m damages in Roundup cancer trial

Following eight weeks of trial proceedings , the San Francisco jury ordered Monsanto to pay US$250 million in punitive damages along with compensatory damages and other costs, bringing the total fi...

by · Finance

European shares tumble as Turkish turmoil hits banks

U.S. President Donald Trump said on Friday he had authorised higher tariffs on imports from Turkey, imposing a 20 percent duty on aluminium and 50 percent one on steel, as tensions rose between th...

by · Finance
TROUBLE IN TURKEY: Currency PLUNGES 20% After Trump DOUBLES Metal Tariff

TROUBLE IN TURKEY: Currency PLUNGES 20% After Trump DOUBLES Metal Tariff

But some investors fear the Turkish economy is growing too quickly and could face problems. President Tayyip Erdogan of Turkey has told his citizens to sell their savings held in euros and dollars...

by · Finance

Turkish lira continues downward spiral, hits new record low

The lira has always been falling on worries about Erdogan's influence over monetary policy and worsening relations with the US. The lira dropped by over 11 percent in value in one day on Frida...

by · Finance
McDonald's McGold Card Offers Contest Winner Free Food For Life

McDonald's McGold Card Offers Contest Winner Free Food For Life

Now, one lucky customer will join the ranks of the McGold Card holders, and it's easier than ever before, now in mobile form. "The mysterious McGold Card, which for years has been rumored to grant a...

by · Finance
Investment Firm Predicts Bitcoin ETF Not Possible in 2018

Investment Firm Predicts Bitcoin ETF Not Possible in 2018

Furthermore, citing the SEC's "concerns regarding bitcoin ETFs and retail investors ", the presentation notes that "the initial share price will be set at a level created to ensure that only in...

by · Finance
Bitcoin is the Best House in a Tough Market: Fundstrat's Tom Lee

Bitcoin is the Best House in a Tough Market: Fundstrat's Tom Lee

Bitcoin File can be bought or sold on these cryptocurrency exchanges: Gate.io and Huobi. EOS price a week ago was $7.30 but it kept declining and now trades at $6.08. However, RSI levels (24.5) s...

by · Finance
Turkey's Erdogan dismisses lira fears, says

Turkey's Erdogan dismisses lira fears, says "we have our God"

Mr Trump said he had authorised a 20% duty on aluminium and 50% on steel. The Turkish President Recep Erdogan urged Turks to sell dollars and gold and buy lira . Reuters Turkey's president, Recep ...

by · Finance
Hundreds to be affected by Ryanair strikes at Stansted Airport

Hundreds to be affected by Ryanair strikes at Stansted Airport

Ryanair is facing a rising tide of protests from unions frustrated at the slow progress being made in negotiations over collective labour agreements. Germany will be worst hit, with 250 cancellation...

by · Finance
Erdogan warns of campaign against Turkey as lira plummets

Erdogan warns of campaign against Turkey as lira plummets

The Turkish lira has lost 13 per cent of its value against the dollar since midnight, pushing the battered currency further into crisis. The two governments are at odds over the detention in Tu...

by · Finance
Russia calls new U.S. sanctions draconian, rejects poisoning allegations

Russia calls new U.S. sanctions draconian, rejects poisoning allegations

The new US sanctions would cover sensitive national-security controlled goods, a senior State Department official told reporters. " Sanctions are the U.S. "Once again we totally reject any allega...

by · Finance
Saudi Airlines suspends all flights to and from Canada amid growing dispute

Saudi Airlines suspends all flights to and from Canada amid growing dispute

In recent months Saudi Arabia has lifted a ban on women driving, but it has also arrested activists, including more than a dozen high-profile campaigners for women's rights. Tanks, armored vehic...

by · Finance
NYC becomes first USA city to impose Uber/Lyft cap

NYC becomes first USA city to impose Uber/Lyft cap

The New York City Council on Wednesday agreed to cap the number of licenses for ride-hailing services such as Uber Technologies Inc for one year, dealing a blow to the companies that have relied o...

by · Finance
China crude imports rise, but capped by weak 'teapot' demand

China crude imports rise, but capped by weak 'teapot' demand

The US has said the tariffs are meant to penalise China for "unfair" trade practices, such as rules that compel companies in certain sectors to take on local partners if they want to do business in ...

by · Finance

Trump vows to impose tariffs on more Chinese goods

Washington already imposed 25 percent tariffs on $34 billion in Chinese products on July 6 . China's Commerce Ministry called the US decision to place the latest round of tariffs on Chinese good...

by · Finance
Tesla board evaluating CEO Musk's idea to take company private

Tesla board evaluating CEO Musk's idea to take company private

The issue of share accumulation by outsiders emerged only recently as reports that Saudi Arabia's public investment fund had built up a stake from 3 to 5 percent after its offers of purchase of ne...

by · Finance
Latin America Energy, Oil and Gas, News and Information

Latin America Energy, Oil and Gas, News and Information

Brent crude futures rose 54 cents to settle at $73.75 a barrel, while U.S. West Texas Intermediate (WTI) crude futures rose 52 cents to settle at $69.01 a barrel. "With global demand remaining he...

by · Finance
Snap loses 3 million daily users in Q2, but beats revenue expectations

Snap loses 3 million daily users in Q2, but beats revenue expectations

Snapchat rolled out a massive redesign to its app in November of previous year that stirred quite a bit of controversy . Snap's stock was all over the map following its earnings. Tuesday also bro...

by · Finance
Elon Musk considers taking Tesla private as stock jumps

Elon Musk considers taking Tesla private as stock jumps

He claims Tesla is the most shorted stock "in the history of the stock market" and that going private would remove them from the narrative. "Plus this is short squeeze rocket fuel after a nice quart...

by · Finance
Buck-a-beer details confirmed, Ontario brewery announces participation

Buck-a-beer details confirmed, Ontario brewery announces participation

Sources with direct knowledge of the plan say that other enticements may include limited product discounts and in-flyer LCBO promotions for companies that lower beer prices to $1 in time for Labour Da...

by · Finance
Dead fetus found on airplane at LaGuardia Airport today

Dead fetus found on airplane at LaGuardia Airport today

The plane was in a hangar and had arrived in NY from Charlotte, North Carolina, on Monday night. It was the Airbus A321's only flight of the day. The plane was later moved to an American Airlines hang...

by · Finance
Elon Musk tweets he may take Tesla private

Elon Musk tweets he may take Tesla private

The stock was up Tuesday after the Financial Times reported that Saudi Arabia had taken a $2 billion stake in the electric vehicle company. Musk owns almost 20pc of the company. " Funding secured ", M...

by · Finance
Facebook wants your financial data to expand Messenger, says report

Facebook wants your financial data to expand Messenger, says report

The social network has asked several United States banks to share customers' financial data, including card transactions and checking account balances, The Wall Street Journal reported on Monday. Un...

by · Finance
Trump, China trade war, tariffs

Trump, China trade war, tariffs

His tweets came amid a new surge in trade tensions with China. The overseas edition of the Communist Party's People's Daily newspaper said Trump was starring in his own "street fighter-style d...

by · Finance
NASCAR chairman, CEO France arrested for DUI, possession of controlled substance

NASCAR chairman, CEO France arrested for DUI, possession of controlled substance

France reportedly spent on night in a jail cell and was released on Monday morning after his arraignment hearing. They claimed that after arresting him, they discovered oxycodone pills on his person. ...

by · Finance