Markets

News

Truck bomb explodes near Somali presidential palace

Police believe that the hotel, the SYL, was likely al-Shabaab's target. The bomb exploded during a morning traffic jam in the capital, said Captain Mohamed Hussein, a senior police officer. "So far two hotels opposite the palace are partially destr...

Campaign's rising rent at Trump Tower came as space expanded

TRUMP: From the start, the brash billionaire's campaign has been rooted in the promise of a dramatically different approach to immigration. At a rally in Akron, Ohio, on Monday night, Trump reiterated his pledge to build a wall on the U.S.

Rajnath Singh in Kashmir to hold talks with stakeholders

Besides the 66 dead, several thousand others have been injured in the clashes that began on July 9, a day after Hizbul Mujahideen terrorist Burhan Wani was killed in an encounter with security forces in Kokernag area of south Kashmir's Anantnag distr...

Best Buy (BBY) Stock Higher, Expanding Virtual Reality Products

In other Best Buy news, CEO Hubert Joly sold 398,000 shares of the company's stock in a transaction on Thursday, June 2nd. For online sales, it's shipping goods from all of its stores, which means speedier deliveries. Best Buy also forecast reve...

Tesla (TSLA) Stock Up, Wins Approval for $2.6 Billion SolarCity Deal

Tesla's Innovations are transforming the world of Automobile industry, says Forbes, as it ranks Elon Musk's company at the top in the Global list of most Innovative companies. Lyndon Rive is the seventh-biggest shareholder and his brother is the eig...

Bleak days for textile major Welspun India; market reacts sharp

One of Target's vendors, Welspun Global Brands (Welspun), was one of the producers of Egyptian Cotton 500-thread count sheets under the Fieldcrest label for Target , the U.S. Part of a roughly US$3 billion (RM12.06 billion) conglomerate headed by Ba...

Thousands of Dead Fish Found Floating in NJ Waters

Locals say that the fish aren't just cluttering up the marina and making it hard for boat owners to go about their days. New Jersey Department of Environmental Protection officials told the station that the 3- to 4-inch fish known as the peanut b...

AstraZeneca to sell molecule antibiotics business to Pfizer

The deal is especially noteworthy considering how AstraZeneca warded off Pfizer's $120 billion takeover attempt two years ago. The AstraZeneca agreement comes after Pfizer earlier this week announced an agreement to buy Medivation Inc.in a ...

In dry, windy West, crews target flames in several states

Inslee's proclamation directs state agencies to do everything reasonably possible to assist local governments in responding and recovering from fires. It is not threatening any homes. Warm, windy weather has led the biggest wildfire in Yellowstone ...

Asian stocks mixed ahead of Fed meeting

Advertisment Stock futures pointed to a higher opening for Canada's main stock index on Tuesday, tracking world markets, as investors await further clues on whether the U.S. As of 9 a.m. on August 23, the Fed Fund futures predict an 18% probabil...

Speedo USA, Ralph Lauren drop Lochte after Rio incident

All four are subject to an International Olympic Commission investigation into their conduct and Lochte has now been hit financially as well. Likewise, Airweave - which provided mattresses for Team USA in Rio - said its agreement with Lochte was ...

RMT's five-day strike on Southern starts

The RMT union called the strike to protest against plans to downgrade the role of the conductor on Southern Rail trains, causing cancellations across the network. Under the new plans, the drivers will shut the doors using new technology and the con...

What's next from J.K. Rowling? Three new Hogwarts e-books

The announcement was made yesterday on Rowling's site Pottermore and the eBooks are coming next month! The theme of the books is Hogwarts and will follow three of your favourite characters from the HP series. Pottermore Presents will be a collect...

What role is Roger Ailes playing in Donald Trump's campaign?

BuzzFeed reported that during a meeting on Saturday with his newly formed Hispanic advisory council, Trump hinted he is interested in devising a "humane and efficient" means of dealing with immigrants now living in the country illegally. "He's chall...

US stocks close modestly lower as oil slumps

At 12:30 p.m. ET (1630 GMT), the Dow Jones Industrial Average was down 30.12 points, or 0.16 percent, at 18,502.93. The Standard & Poor's 500 is down 4 points, or 0.2 percent, to 2,182. The yield on the 10-year Treasury bond rose to 1.57%. Alibab...

Urjit Patel is the next RBI chief

Speculation over who will head the Reserve Bank of India after present governor Raghuram Rajan ends his term on 4 September has ended with the finance ministry appointing deputy governor and eminent economist Urgit Pater as the new governor.

Weekly US crude inventories fall by 2.5 million barrels

Oil prices rose on Thursday for a sixth straight day, with Brent crude rising above $50 for the first time in six weeks as the world's biggest producers prepared to discuss a possible freeze in production levels. In US oil markets, prices were pushed...

Macy's plans to close 100 stores, fate of local ones unknown

There is a Macy's store at the Shops at Nanuet on Route 59 and also at the Palisades Center in West Nyack. It's all part of a big change for retail: Oodles of other big-name brands, from Sports Authority to Ralph Lauren, have also closed locatio...

The woman tapped to help save Trump's campaign

Paul Manafort , the Trump campaign chairman who in recent days has come under scrutiny for his links to the pro-Russia former president of Ukraine, will remain in his current role. In addition, both Trump and Bannon have "trafficked in deranged consp...

Cisco planning to lay off thousands of workers

Savings from up to 5,500 job cuts would be reinvested into key growth areas, Cisco said. No details were immediately given as to how many jobs the San Jose-based company plans on shedding in the Bay Area. It will be the largest loss of jobs in th...

Search

Breaking News

U.S. growth hits 3-year low at 0.7% in Trump's 1st quarter

The slow-down in real GDP in the first quarter reflected a decrease in personal consumption expenditures, private inventory investment and in state and local government spending. "...

Physician who was dragged off flight settles with United

United Airlines and lawyers for the passenger seen on video being dragged from a United airliner in Chicago say the man has reached "an amicable settlement " with the airline. Wh...

Twitter has plans for 24/7 live streaming

Earlier this month, Twitter lost a bidding war to Amazon for the streaming rights of Thursday Night NFL games. For instance, the National Football League package got about 3.5 mil...

Trump tweets don't help: 1st Twitter revenue drop since IPO

Twitter's revenue , however, fell 7.8 per cent to $548.3 million (€503.6m) in the first quarter, its first drop since its initial public offering. Net loss narrowed to $61.6m, or ...

Tesla Model S loses top ranking from Consumer Reports

TSLA has a 1-year high price of $ 313.73 and 1-year low price of $178.19. Bernstein Initiates Coverage On the company's stock to Market Perform on 3/08/17 by setting a price targe...

FCC chairman to propose reversing 'net neutrality' rules

FCC chairman Ajit Pai's much-anticipated speech outlining next steps on net neutrality regulation drew immediate response from inside and outside the Beltway. We recognize that our...

Uber wants to launch 'flying cars' by 2020

Speaking on stage at conference in Dallas, Uber product chief Jeff Holden, who called flying cars "a natural next step" for Uber , said talks with Nasa and the Federal Aviat...

Triple talaq crippling lives of Muslim women: India PM Modi

Chief Minister Naveen Patnaik explained that he would not be meeting the PM because he was visiting the state for "political work". "We should take lessons from the prime ministe...

Unilever's first quarter sales top expectations

Unilever, who also owns Hellmann's mayo, rejected a surprise $143B takeover proposal from Kraft Heinz a couple of months ago citing "cultural differences". Distiller Pernod Ric...

United misses deadline to answer senators on dragging

Also this week, United Airlines and Chicago airport officials missed a deadline for answering questions from by key US senators about the dragging incident aboard a United Express...

Special Reports

York Region police arrest more than 100 men in child prostitution case

York Region police arrest more than 100 men in child prostitution case

Detective Sergeant Thai Truong of the human trafficking team said no girls were injured in the operation of online sexual services for girls aged 13-16. "Lol im 16 mr...i still hav...

Canadian engineering giant to buy Atkins for £2.1bn

Canadian engineering giant to buy Atkins for £2.1bn

WS Atkins shares were up 4.8% on Friday at 2,078.00 pence. It will acquire WS Atkins stock for 20.80 pounds per share in cash, subject to approval by shareholders, regulatory ...

OPEC slashes output in March, expects shale comeback

The Organisation of Petroleum Exporting Countries (OPEC) says Nigeria oil production is yet to climb to two million barrels per day. U.S. West Texas Intermediate ( WTI ) crude fu...

Trump to Sign Measures to Review Financial Regulation

Trump to Sign Measures to Review Financial Regulation

Trump is turning his attention to financial reform again as a top House Republican this week unveiled the latest version of legislation to replace Dodd-Frank, which was enacted in ...

$13 a pack? NYC mayor wants highest cigarette prices in US

His bills would increase the base price for all tobacco products; lower the number of tobacco retailers via attrition; create retail licenses for e-cigs and cap the number of outle...