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09/16/2019

Saving Deposits Of Banks Rose To Rs 39.72 Lakh Crore In 2018-19: RBI The aggregate saving deposits of public and private sector banks (PSBs) stood at Rs 39.72 lakh crore as on March 31, 2019, according to Reserve Bank ...
21:56, 09/16/2019

Rupee Plunges By 68 Paise To End At 71.60 Against Dollar: 10 Points The rupee on Monday settled 68 paise lower at 71.60 against the US dollar. That marked first fall for the domestic currency in eight sessions. The lo...
21:56, 09/16/2019

RBI Allows Payment Of All Recurring Bills Via Bharat Bill Payment System As per BBPS website, the facility would be expanded to include other types of repetitive payments like insurance premium, mutual funds, school fees, ...
21:56, 09/16/2019

Lundbeck buys Alder for $2 billion, eyes 'blockbuster' migraine therapy Denmark's Lundbeck has agreed to buy Alder BioPharmaceuticals in a deal valued at almost $2 billion, hoping to reap profits from a potential blo...
21:56, 09/16/2019

Mercedes-Benz ups ante against Tesla Model S with all-electric Vision EQS concept car The Vision EQS sits alongside an already growing array of production models from Mercedes that underscore its determination to dethrone Tesla as king...
21:56, 09/16/2019

What we know about GM's all-electric pickup truck that could save Detroit plant from closing While the UAW has rejected the offer and sent roughly 48,000 of its workers out on strike, the EV truck is widely expected to remain part of an event...
21:56, 09/16/2019

No One Can Agree on How to Price California Home Insurance for Wildfires Finding home insurance in wildfire-prone parts of California is getting more difficult and more expensive. No one can agree on how to make it any eas...
21:00, 09/16/2019

Paul Ingrassia, Prizewinning Automotive Journalist and Author, Dies at 69 One of the leading chroniclers of the auto industry for more than three decades, the writer died on Monday in Naples, Fla., where he had been under t...
21:00, 09/16/2019

Former Oil CEO Aims to Change How the U.S. Exports Natural Gas SeaOne Holdings, founded by the former chief of shale giant EOG Resources, has new technology for shipping U.S. natural gas abroad—and a plan to buil...
21:00, 09/16/2019

UAW Strike Could Cost General Motors $100 Million a Day With no vehicles being built, the walkout involving roughly 46,000 full-time workers could dent GM’s profit by $50 million to $100 million daily, ana...
21:00, 09/16/2019

Energy Secretary Perry expects a 'coalition effort' to put a stop to Iran's 'malign activity' U.S. Secretary of Energy Rick Perry spoke to CNBC's "Squawk on the Street" on Monday following a series of drone attacks on Saudi Arabia's ...
20:14, 09/16/2019

Energy stocks are having their best day of the year — Here are Wall Street's best buys from here Energy stocks, one of the worst-performing sectors this year, spiked on Monday after an attack on Saudi Arabia's heart of oil production Saturda...
20:14, 09/16/2019

Oil prices up 12% after attack on key Saudi oil facilities Oil prices jumped roughly 12% on Monday after an attack on Saudi Arabian crude oil facilities over the weekend sliced the kingdom's production in hal...
20:14, 09/16/2019

Wall Street hit by Saudi attacks; energy stocks temper losses U.S. stocks fell on Monday on global growth worries after weekend attacks on Saudi Arabia's crude facilities hit 5% of the world's supply, but a shar...
20:14, 09/16/2019

U.S. charges JPMorgan metals traders over alleged market manipulation The Department of Justice charged two current and one former JPMorgan Chase & Co executives on Monday with alleged racketeering and manipulating pri...
20:14, 09/16/2019

Attacks on Saudi oil facilities - what will it mean for consumers? The attacks on Saudi oil facilities on Saturday will drive up fuel prices worldwide in the world's largest outage in 50 years. Here's what it could m...
20:14, 09/16/2019

Beleaguered U.S. energy shares soar after attacks on Saudi facilities Shares of U.S. energy companies surged on Monday, as a jump in oil prices in the wake of attacks on Saudi Arabia's oil facilities gave new juice to a...
20:14, 09/16/2019

Atlantia's CEO set to step down as bridge probe darkens The long-standing head of Italian infrastructure group Atlantia is ready to step down as a probe into a deadly bridge collapse snowballs, prompting ...
20:14, 09/16/2019

Iran's Rouhani says Aramco attacks were a reciprocal response by Yemen An attack on Saudi Arabia's Aramco oil facilities was a reciprocal measure by "Yemeni people" to assaults on this country, said Iranian President Has...
20:14, 09/16/2019

Factbox: U.S. prepared to tap emergency oil reserves, Perry says no decision yet U.S. Energy Secretary Rick Perry said on Monday it was too soon to say whether the United States would tap emergency oil reserves after attacks in Sa...
20:14, 09/16/2019

Evidence points to Iranian hand in oil attack, says Saudi alliance, as prices soar An attack on Saudi Arabia that triggered the biggest jump in oil prices in almost 30 years was carried out with Iranian weapons, a Saudi-led coalitio...
20:14, 09/16/2019

Purdue Pharma files for bankruptcy in face of 2,000 opioid lawsuits Purdue Pharma, the embattled US drugmaker accused of helping to fuel the opioid drug crisis, has filed for bankruptcy in the face of more than 2,000 ...
19:42, 09/16/2019

BT rival CityFibre takes Holliday as chairman The former chief executive of National Grid will this week be named as the chairman of the ultrafast broadband network vying to become BT Group's big...
19:42, 09/16/2019

Aldi suffers 26% profit drop but promises growth Discount supermarket chain Aldi has announced that its operating profits fell by 26% to £197.9m last year, as the company invested heavily in th...
19:42, 09/16/2019

Where does the world's oil come from? The attack on Saudi Arabia's largest petroleum-processing facility over the weekend struck at the heart of one of the most important oil-producing re...
19:42, 09/16/2019

Cobham agrees £4bn takeover by US equity firm Advent US private equity firm Advent International has won its battle to buy defence and aerospace group Cobham for $5bn (£4bn), joining a...
19:42, 09/16/2019

Wall Street drops after Saudi attacks; energy stocks limit losses U.S. stocks fell on Monday on global growth worries after weekend attacks on Saudi Arabia's crude facilities hit 5% of the world's supply, but a shar...
18:28, 09/16/2019

Exclusive: F-35 chief to run Lockheed aeronautics as Evans undergoes medical treatment Greg Ulmer, head of Lockheed Martin Corp's F-35 fighter program, will temporarily lead the company's aeronautics division while its current chief, M...
18:28, 09/16/2019

Cheers and honking horns greet first day of UAW strike against GM Willie Elzy has been readying for a possible strike against General Motors Co for months and, pointing to a parking lot full of freshly built pickup ...
18:28, 09/16/2019

Evidence points to Iran weapons used in Saudi strike, says alliance, as oil jumps An attack on Saudi Arabia that triggered the biggest jump in oil prices in almost 30 years was carried out with Iranian weapons, a Saudi-led coalitio...
18:28, 09/16/2019

Global Services Trade Also Set To Slow, Says WTO The impact of the U.S.-China trade war, until now largely confined to manufacturing, may be spreading to the trade in services, a development that co...
17:57, 09/16/2019

Trump Again Pressures Fed in Wake of Saudi Attacks President Trump repeated his sharp criticism of the Federal Reserve after an attack in Saudi Arabia over the weekend led to a major crude-oil disrupt...
17:57, 09/16/2019

Saudi Officials Consider Delaying Aramco IPO After Attacks Saudi Arabian officials are discussing delaying Aramco’s initial public offering, after attacks on the company’s largest oil facilities sidelined mor...
17:57, 09/16/2019

Amazon Changed Search Algorithm in Ways That Boost Its Own Products The e-commerce giant overcame internal dissent from engineers and lawyers, people familiar with the move say. The previously undisclosed change, whic...
17:57, 09/16/2019

Boeing's Board to Weigh Engineering, Safety Changes After MAX Crashes Boeing’s board is expected to consider revamping the aerospace giant’s engineering department as among the first tangible internal changes following ...
17:57, 09/16/2019

Wall Street slides after Saudi attacks; energy stocks surge Wall Street slipped on Monday on global growth worries after the weekend attack on Saudi Arabian crude facilities knocked out 5% of the world's suppl...
17:56, 09/16/2019

U.S. considers more intel sharing with Saudi Arabia after attack: sources The United States is considering increasing its intelligence sharing with Saudi Arabia after Saturday's attack on Saudi oil facilities, which halved ...
17:56, 09/16/2019

Factbox: Impact of Saudi oil outage on crude, product markets Attacks on Saudi Arabian oil facilities on Saturday shut down about 5.7 million barrels per day (bpd) of crude production, sending global oil prices ...
17:56, 09/16/2019

Iraq says U.S. does not believe Iraqi territory used to launch attack on Saudi Iraq said on Monday it had been told by the United States that Washington did not suspect an attack on Saudi Arabia had been launched from Iraqi terr...
17:56, 09/16/2019

Exclusive: Lockheed names F-35 chief to run aeronautics as Evans undergoes medical treatment Greg Ulmer, head of Lockheed Martin Corp's F-35 fighter program, will temporarily lead the company's aeronautics division while its current chief, M...
17:56, 09/16/2019

Factbox: The U.S. opioid epidemic in the courts As opioid-related deaths have soared, thousands of lawsuits have been filed seeking damages from drugmakers and distributors. The following is a summ...
17:56, 09/16/2019

U.S. envoy tells U.N. Security Council indications Iran behind Saudi oil attacks U.S. Ambassador to the United Nations Kelly Craft told the Security Council on Monday that emerging information on attacks on Saudi oil facilities "i...
17:56, 09/16/2019

Oil soars 10% after attack on massive Saudi oil facilities Oil futures jumped 10% on Monday after an attack on Saudi Arabian crude oil processing facilities over the weekend sliced the kingdom's production in...
17:56, 09/16/2019

Too soon to say if U.S. emergency oil release needed, Perry tells CNBC U.S. Energy Secretary Rick Perry said on Monday it was too soon say whether the United States would have to tap its emergency petroleum reserves foll...
17:56, 09/16/2019

U.S., Chinese trade deputies seen meeting Friday: U.S. Chamber CEO U.S. and Chinese deputy trade negotiators are expected to meet on Friday, with senior negotiators likely to meet about a week and a half later, U.S. ...
17:56, 09/16/2019

Airbus, French exporters reel as U.S. tariffs loom in subsidy row Shares in Airbus and French luxury goods exporters fell on Monday as the European Union acknowledged it may face U.S. tariffs in a long-running disp...
17:56, 09/16/2019

Atlantia CEO could offer resignation at Tuesday's board: source Giovanni Castellucci could offer his resignation as chief executive of infrastructure group Atlantia at an extraordinary board meeting called on Tue...
17:56, 09/16/2019

Apple takes fight against 13-billion-euro EU tax order to court Apple will launch a legal challenge on Tuesday to a European Commission order to pay 13 billion euros ($14.4 billion) in Irish back taxes in a landm...
17:56, 09/16/2019

Oil soars after attack on Saudi facilities, stocks weaken Oil prices soared on Monday after attacks on crude facilities in Saudi Arabia sparked worries over the impact of an oil shock on economic growth, hal...
17:56, 09/16/2019

Evidence indicates Iranian arms used in Saudi attack, say Saudis The Saudi-led military coalition battling Yemen's Houthi movement said on Monday that the attack on Saudi Arabian oil plants was carried out with Ira...
17:56, 09/16/2019

Israel 'well-prepared' for any spill-over from attack on Saudi oil plant Israel is prepared for the possibility it might be drawn into any U.S.-Iranian confrontation over a strike on a Saudi oil plant, Prime Minister Benja...
17:56, 09/16/2019

Workers picket GM plants as UAW contract talks resume Negotiators for General Motors Co and the United Auto Workers resumed talks Monday at 10 a.m. EDT to resolve a strike that shut down the automaker's ...
17:56, 09/16/2019

Biggest oil price surge since 1991 as 'locked and loaded' U.S. points finger at Iran for attack An attack on Saudi Arabia that shut 5% of global crude output triggered the biggest surge in oil prices since 1991, after U.S. officials blamed Iran ...
17:56, 09/16/2019

Energy Secretary Perry expects a 'coalition effort' to put a stop to Iran's 'malign activities' U.S. Secretary of Energy Rick Perry spoke to CNBC's "Squawk on the Street" on Monday following a series of drone attacks on Saudi Arabia's ...
17:00, 09/16/2019

In Hong Kong, Employees Hide Their Political Leanings as Beijing Forces Companies to Take Sides By day, Lucy is a flight attendant. Dressed in a neat uniform, she politely offers passengers meals and drinks while they cruise at 35,000 feet. Rece...
14:42, 09/16/2019

India’s Economy Slows, Stalling a Once Thriving Manufacturing Sector NEW DELHI (AP) — Anuj Kapoor took over his father’s booming auto parts business in 2012, hoping to elevate the company from selling to su...
14:42, 09/16/2019

‘The Union Is Playing Some Hardball.’ Here’s Why GM Workers Are On Strike The United Auto Workers union is leading its first strike against General Motors in 12 years, digging in for a fight over jobs and benefits that coul...
14:42, 09/16/2019

Sensex, Nifty Suffer Biggest Single-Day Fall In Two Weeks: Highlights Stock Market LIVE: After a gap-down opening at 37,204.56 for the S&P BSE Sensex index, down 180.43 points from the previous close, the index extended...
13:14, 09/16/2019

Rupee Falls Over 1% Against Dollar As Crude Oil Rates Soar: 10 Points The rupee depreciated by as much as 75 paise - or 1.06 per cent - against the US dollar hurt by soaring crude oil prices. After opening at 71.57 agai...
13:14, 09/16/2019

Bank Officer's Union Threaten To Go On Strike: 10 Things To Know Four officers' organizations of public sector banks (PSBs) have threatened to go on strike opposing the consolidation of 10 state-run lenders into fo...
13:14, 09/16/2019

Market LIVE: Sensex Drops Over 300 Points, Nifty Below 11,000 Stock Market LIVE: On Friday, the Sensex and Nifty had ended 0.76 per cent and 0.85 per cent higher, clocking a gain of 1.09 per cent and 1.18 per ce...
11:43, 09/16/2019

Government's 70,000-Crore Stimulus No "Game Changer", Say Some Economists On Saturday, Finance Minister Nirmala Sitharaman said the tax refund program for exporters from January 1 will cost the government Rs 50,000 crore ($...
11:43, 09/16/2019

Crude Oil Price Surges, Clocks Biggest Percentage Gain Since 1991 Brent crude futures, the international benchmark for crude oil, rose by as much as 19.5 per cent to $71.95 per barrel, the biggest intraday jump sinc...
11:43, 09/16/2019

Unit Of Anil Ambani's Reliance Communications Files For Bankruptcy Anil Ambani has been waging a war on debt, and Reliance Group has said that it planned to raise about Rs 21,700 crore by selling assets from roads to...
11:43, 09/16/2019

Wholesale Inflation Remains Unchanged At 1.08% In August In the previous month, wholesale inflation - determined by the Wholesale Price Index (WPI) - had eased to a 25-month low of 1.08 per cent. Wholesale ...
11:43, 09/16/2019

Fuel Rates To Rise If Crude Price Stays High: Hindustan Petroleum Fuel marketing companies fix the price of petrol and diesel at retail outlets based on an average of last 15 days of benchmark price of petrol and di...
11:43, 09/16/2019

About 48,000 UAW members strike against General Motors The strike, depending on its length, could easily cost GM hundreds of millions of dollars. The last time the union declared a strike at GM was in 200...
10:28, 09/16/2019

Prices Surge After the Attack on the Saudi Oil Facility Disrupts Output An attack on a critical Saudi Arabia oil plant pushed crude prices sharply higher Monday, though its longer-term impact depends on how long productio...
07:00, 09/16/2019

Explainer: Attack on Saudi leaves world without spare oil capacity The strike on the heartland of Saudi Arabia's oil industry, including damage to the world's biggest petroleum-processing facility, has driven oil pri...
07:00, 09/16/2019

Dream Global REIT to be bought by Blackstone funds in $4.7 billion deal Dream Global Real Estate Investment Trust said funds managed by Blackstone Group Inc would buy the Canadian firm in a C$6.2 billion ($4.69 billion)...
07:00, 09/16/2019

Volkswagen agrees to Australian settlement over diesel cheating Volkswagen said on Monday it had agreed to pay up to A$127 million ($87.3 million) to settle lawsuits brought on behalf of thousands of Australian c...
07:00, 09/16/2019

Saudi attacks threaten U.S. gasoline price hikes, particularly in California U.S. motorists most likely to feel the hit from rising gas prices following the attacks on Saudi Arabia's oil facilities are on the West Coast, which...
07:00, 09/16/2019

Oil surges as Saudi attack focuses market on supply risks Oil prices surged on Monday, with Brent crude posting its biggest intra-day percentage gain since the start of the Gulf War in 1991, after an attack ...
07:00, 09/16/2019

OxyContin maker Purdue Pharma files for bankruptcy protection OxyContin maker Purdue Pharma LP filed for bankruptcy protection Sunday night, succumbing to pressure from more than 2,600 lawsuits alleging the comp...
07:00, 09/16/2019

Oil soars after Saudi facility attacks, weak China data hits shares (Reuters) - Oil surged to four-month highs on Monday after weekend attacks on crude facilities in Saudi Arabia sparked supply fears, while shares in ...
07:00, 09/16/2019

|SaudisracetorestoreoiloutputafterAramcoattacks Saudi Arabia is racing to restore oil production after a brazen drone strike on a key Aramco facility slashed its output by half, removing about 5% o...
06:14, 09/16/2019

TikTok’s Beijing roots fuel censorship suspicion as it builds a huge U.S. audience Social media has been a quintessentially American journey rooted in ideas about creative expression and freedom of speech. But the rise of the Chines...
06:14, 09/16/2019

Economy Week Ahead: Fed Policy Statement, Home Sales, Industrial Production Data In the week ahead, the U.S. will see fresh figures on industrial production, housing starts and existing home sales. The Federal Reserve will release...
05:56, 09/16/2019

Strong U.S. Dollar Prompts Speculation of Trump Intervention The Trump administration has considered whether to use currency intervention as a weapon in its trade war, which has raised a host of questions among...
05:56, 09/16/2019

As Gucci Tripped on Social Media, Sales Fell The fashion brand soared as it forged connections with hip-hop artists and streetwear influencers on Instagram and other platforms, but the momentum ...
05:56, 09/16/2019

United Auto Workers Calls for Strike at GM's U.S. Factories The United Auto Workers has called for a strike at General Motors’ U.S. factories, its first major work stoppage in more than a decade. Union leaders...
05:56, 09/16/2019

OxyContin Maker Purdue Pharma Files for Bankruptcy Protection--Update Purdue Pharma filed for bankruptcy protection with a partial deal aimed at resolving thousands of lawsuits filed by states and local municipalities a...
05:56, 09/16/2019

Chicago School Professor Fights ‘Chicago School’ Beliefs That Abet Big Tech The University of Chicago has long been associated with the idea that antitrust decisions should be based on prices for consumers, not market dominan...
05:28, 09/16/2019

Boeing Board to Call for Safety Changes After 737 Max Crashes A committee of the Boeing board reviewed how the company designs and builds planes. It identified areas for improvement and major issues facing the c...
05:28, 09/16/2019

Autoworkers Union Calls for Strike Against G.M. The union and G.M. remain far apart on most of the major issues on the table. The strike plan was authorized at a meeting of U.A.W. regional leaders ...
05:28, 09/16/2019

Boeing board will reportedly call for structural changes after 737 Max crashes The recommendations include changing corporate reporting structures, creating a new safety group, and changing the cockpits of future planes to accom...
03:42, 09/16/2019

HDFC Bank Revises Fixed Deposit Interest Rates, Details Here HDFC Bank FD interest rates: HDFC Bank is offering 6.60 per cent interest rate on maturity period of one year to the general public on FDs of up to R...
03:14, 09/16/2019

Government Steps For Housing, Exports To Support Economy: FICCI The industry body welcomed the government's move a day after Finance Minister Nirmala Sitharaman announced steps to help the nearly stalled real esta...
03:14, 09/16/2019

UAE regulator not optimistic on Boeing 737 MAX return this year The head of the United Arab Emirates' General Civil Aviation Authority said on Sunday he was not optimistic that the Boeing 737 MAX would return to ...
00:57, 09/16/2019

WeWork IPO spells rough landing for CEO Neumann Adam Neumann showed he can capitalize on troubled times a decade ago, tapping into demand for workspace by those forced out of jobs in the aftermath ...
00:57, 09/16/2019

Fed trades 'remarkably positive' for 'no precedents' after volatile year A year ago, U.S. Federal Reserve Chair Jerome Powell held a "remarkably positive outlook" for an economy enjoying a "historically rare" combination o...
00:57, 09/16/2019

Analyst View: Saudi attacks raise specter of oil at $100/barrel The oil market will rally by $5-10 per barrel when it opens on Monday and may spike to as high as $100 per barrel if Saudi Arabia fails to quickly re...
00:57, 09/16/2019

Benetton holding says dismayed by road probe, hints at action Edizione, the Benetton family holding company which has a controlling stake in Italian infrastructure group Atlantia , said at the weekend it was dis...
00:57, 09/16/2019

Germany's car watchdog sets Audi ultimatum to remove illegal diesel software: report Germany's motor vehicle authority (KBA) has told Volkswagen's premium brand Audi that it faces penalties for its failure to remove illegal software f...
00:57, 09/16/2019

Axel Springer plans layoffs after KKR becomes biggest shareholder: report Axel Springer is planning layoffs as part of a cost-cutting program that would mainly affect its newspapers, the German media group's chief executiv...
00:57, 09/16/2019

Saudi oil exports to run as normal from stocks this week: source Saudi Arabia's oil exports will continue as normal this week as the kingdom taps into stocks from its large storage facilities, an industry source br...
00:57, 09/16/2019

Saudi, Gulf stocks fall after attacks on Aramco oil plants Saudi stocks fell sharply on Sunday, after attacks on two plants at the heart of the kingdom's oil industry a day earlier knocked out more than half ...
00:57, 09/16/2019

U.S. stock futures fall after Saudi oil attacks U.S. stock futures fell 0.59% percent when trading resumed on Sunday, a day after attacks on Saudi oil facilities that risk disrupting global energy ...
00:57, 09/16/2019

Oil prices surge 15% after attack on Saudi facilities hits global supply Oil prices surged more than 15% to their highest level in nearly four months at the open on Sunday after an attack on Saudi Arabia's oil facilities o...
00:57, 09/16/2019

49,000 United Auto Workers Union Members at General Motors to Strike (DETROIT) — The United Auto Workers union announced that its roughly 49,000 members at General Motors plants in the U.S. will go on strike Sund...
22:14, 09/15/2019

How Ultra-Orthodox Perks Set Israel Election Agenda The hefty benefits that ultra-Orthodox Jewish parties have wrested from Israeli governments for decades have been a source of resentment for many in ...
19:56, 09/15/2019

Why China’s Starting to Shake Up Its Interest Rates The People’s Bank of China is liberalizing its interest-rate system in another milestone in the landmark reforms started four decades ago to boost th...
19:56, 09/15/2019

For NASA contractors, lunar landing failures by Israel and India hit close to home The team was gathered in a conference room last week, about 35 in all, ready to celebrate India’s triumph: the country’s first lunar landing. Like ma...
19:56, 09/15/2019

|Emerging-marketrallymayhingeonstimulus.Justnottoomuch Emerging markets will again be looking to central banks to provide the next leg-up in a rally that’s making it the best September so far for stocks a...
17:56, 09/15/2019

'Sign In With Apple' Is Way Better Than Passwords---If You Can Find It Apple’s new password killer, “Sign in with Apple,” coming in iOS 13, lets you log into third-party apps using your Apple ID and get major privacy ben...
17:28, 09/15/2019

|DroneattacksmayimpactSaudiAramcoIPOvaluation,Eurasiasays Attacks on Saudi Arabia’s oil facilities may impact Aramco’s valuation but are unlikely to derail the kingdom’s plan to sell shares in the oil giant,...
14:14, 09/15/2019

|LSEsnubofHKEXshowsdoubtsoverHongKong:People’sDaily The London Stock Exchange Group’s rejection of a takeover proposal from Hong Kong Exchanges & Clearing shows that there are doubts around the world o...
14:14, 09/15/2019

|Govtrevivesplantotakefreestakeinenergyprojects The government is drafting a new law that aims at securing it a free stake in all new oil and gas ventures, revising the terms of a proposal shelved ...
14:14, 09/15/2019

|UAEdoesn'texpectBoeing737Maxtoflyagainthisyear The Boeing 737 Max is unlikely to be back in service before next year, the United Arab Emirates’ aviation regulator has said, contradicting the manuf...
14:14, 09/15/2019

Saudi Oil Attack Is Unlikely to Dent U.S. Economy The strikes on Saudi oil facilities likely would have a limited direct effect on the U.S. economy, but could result in higher gas prices, potentially...
12:14, 09/15/2019

Gucci's Social-Media Status Fell, and Its North American Sales Dropped The Gucci brand soared as it forged connections with hip-hop artists and streetwear influencers on Instagram and other platforms—but when it brought ...
12:14, 09/15/2019

Vaping Bad: Were 2 Wisconsin Brothers the Walter Whites of THC Oils? As authorities work to understand the spate of vaping-related lung illnesses, a small-town drug bust offers a closer look at the vast black market fo...
09:00, 09/15/2019

Navy's Truman Carrier Strike Group deploys without its aircraft carrier With the aircraft carrier Harry S. Truman sidelined with electrical problems, its surface escorts nonetheless began deployment from their East Coast ...
07:14, 09/15/2019

Thailand agrees to buy amphibious landing ship from China Thailand agreed to purchase an amphibious transport dock ship from a Chinese shipbuilder for $200 million, with construction expected to take about t...
07:14, 09/15/2019

Report: Air Force calls diversion of funds for border wall a national security risk The U.S. Air Force, in a report revealed Friday, said the planned $3.6 billion diversion of military funds for a border wall is a risk of national se...
07:14, 09/15/2019

UAW says no GM contract extension, union leaders to meet Sunday The United Auto Workers (UAW) said late on Saturday it would not extend its contract with General Motors Co and would decide on a course of action a...
05:14, 09/15/2019

Factbox: U.S. readies emergency oil reserves in wake of Saudi attacks The Trump administration said on Saturday it stood ready to tap U.S. emergency oil reserves if needed after attacks in Saudi Arabia shut more than ha...
05:14, 09/15/2019

N.Y. attorney general exposes $1 billion in wire transfers by Sackler family The family, which owns opioid giant Purdue Pharma, is defending the offshore transfers, calling them “perfectly legal and appropriate in every respec...
03:42, 09/15/2019

U.S. Insulated From Possible Supply Shock After Saudi Attack As the world faces the possibility of an oil supply shock after an attack on Saudi Arabia, the U.S. finds itself in the rare position of being able t...
02:56, 09/15/2019

Fearing ‘Spy Trains,’ Congress May Ban a Chinese Maker of Subway Cars A Chinese train maker, the world’s largest, has contracts in Chicago, Los Angeles and Boston, but Congress may block it from securing any new contrac...
02:00, 09/15/2019

BMW engine development expert Duesmann set to become Audi chief in April: report BMW's engine development and purchasing expert, Markus Duesmann, is set to become the CEO of Volkswagen's Audi premium brand, after BMW dropped its...
01:42, 09/15/2019

Companies ask judge in U.S. opioid trial to recuse himself Major drug wholesalers and retailers facing a massive lawsuit for allegedly fostering the nation's opioid crisis asked the judge hearing the case to ...
01:42, 09/15/2019

Attacks on Saudi facilities threaten spare oil capacity, price hikes Saturday's attacks on key Saudi Arabia processing plants will test the world's ability to handle a supply crisis as it faces the temporary loss of mo...
01:42, 09/15/2019

Global spare oil capacity in U.S. hands after Saudi outage An attack on Saudi oil facilities on Saturday is believed to have disrupted half the country's production capacity, making the United States the only...
01:42, 09/15/2019

Dubai-Like Annual Shopping Fest In 4 Cities From 2020: Finance Minister The shopping festivals will be in four different themes: Gold and jewellery, handicrafts/yoga/tourism, textiles and leather, an official release said...
23:14, 09/14/2019

|OPINION:Don'tbefooled-SAhasajobscrisis,andtheinformalsectorisn'tfixingit The publication of South Africa’s latest unemployment figures was this time accompanied by an argument that official statistics don’t count economic ...
19:00, 09/14/2019

|IMFseesNamibiagrowingin2020afterthree-yearcontraction Namibia’s economy will return to growth in 2020 after contracting for three straight years, but a failure to implement structural reforms could keep ...
19:00, 09/14/2019

|DronessparkfiresattwoSaudiAramcooilfacilities Drone attacks sparked fires at two Saudi Aramco oil facilities early Saturday, the interior ministry said, in the latest assault on the state-owned e...
19:00, 09/14/2019

|'Lifeheregoesbackwards':WatercrisismakesthingsevenworseinZimbabwe Trudging home along a dusty street in the Zimbabwean city of Bulawayo, Sikhathele Ndlovu balances a 20-litre bucket of water on her head, a ritual sh...
19:00, 09/14/2019

|WATCH:UK'sworst-caseno-dealBrexitplanwarnsoffoodshortages,publicdisorder The British government's plans for a no-deal Brexit warn of severe disruption to cross-Channel routes, affecting the supply of medicines and certain ...
19:00, 09/14/2019

|Netflix,ApplecrossswordsinIndianstreamingmarket Competition in India's booming streaming market is heating up as Netflix joins forces with a director of Bollywood feel-good blockbusters and Apple l...
19:00, 09/14/2019

|ElephanthuntsstartinBotswanawithcautiouspricingapproach Botswana has reintroduced elephant hunts with a cautious approach to pricing, a move that’s likely to further inflame the controversy that’s threaten...
19:00, 09/14/2019

|AsVictoria'sSecretweighswhat'snext,Rihannamaybeontosomething Victoria's Secret, amid an identity crisis over its antiquated view of female beauty, is taking a step back to re-evaluate what to do with its annual...
19:00, 09/14/2019

Opioid Defendants Seek to Disqualify Judge Overseeing 2,300 Cases A Hail Mary pass by drug distributors and pharmacy chains on the eve of a landmark federal trial argues that the judge already believes that defendan...
17:56, 09/14/2019

WeWork’s Efforts to Salvage I.P.O. Renew Fears About ‘Unicorn’ Era The company’s stumbles are the latest example of how fast-growing and unprofitable businesses are struggling to convince investors that they are good...
17:56, 09/14/2019

Funds power up stake in £6bn UK nuclear fleet A consortium of infrastructure funds is in advanced talks to buy a stake in the UK's £6bn ageing fleet of nuclear power stations amid growing co...
15:56, 09/14/2019

Battle to Power Electric Vehicles Reaches Sweden Swedish upstart Northvolt is aiming to become the prime provider of batteries to Europe’s makers of electric and hybrid cars, but faces tough competi...
15:56, 09/14/2019

The Startup That Manipulated Data to Get a Miracle Drug to Market AveXis had a revolutionary gene therapy for babies with a deadly disease, and sold to Novartis for $8.7 billion. But in its hurry to get the drug app...
15:56, 09/14/2019

It's a Wrap: MoviePass Ends Theater Subscription Service MoviePass, which gained popularity for attempting to bring a Netflix-style subscription approach to out-of-home entertainment, offered a low price th...
15:56, 09/14/2019

SBI Just Opened Its Newest Branch In This Picturesque Village SBI branches: State Bank of India (SBI) said the new branch is located in Diskit, Nubra Valley (District Leh). SBI said the branch is about 100 kilom...
15:00, 09/14/2019

Clear Sign Of Revival In Industrial Production: Nirmala Sitharaman Finance Minister Nirmala Sitharaman said the industrial production growth has clearly improved till the end of July compared to the last quarter of f...
15:00, 09/14/2019

Finance Minister Nirmala Sitharaman Announces Steps To Promote Exports Finance Minister Nirmala Sitharaman on Saturday announced a slew of measures aimed at boosting exports, including simplification of GST rules to high...
15:00, 09/14/2019

Government To Provide Rs 10,000 Crore To Boost Affordable Housing Finance Minister Nirmala Sitharaman said the government would also relax external commercial borrowing guidelines for projects in the country's affor...
15:00, 09/14/2019

Rs 10,000-Crore Push For Affordable Housing Projects: Nirmala Sitharaman Finance Minister Nirmala Sitharaman on Saturday announced a special window of Rs 10,000 crore to boost affordable and middle-income housing. The move...
15:00, 09/14/2019

Overshadowed by U.S. corruption probe, UAW, GM near contract deadline Overshadowed by a mushrooming U.S. federal corruption probe into top union officials that has created uncertainty for collective bargaining talks, th...
14:14, 09/14/2019

Bank Employee Unions Warn Of Strike. Heres All You Need To Know Bank strike 2019: Bank strike to lead to four-day bank holiday: The two-day strike will begin on the midnight of September 25. The unions have also m...
11:14, 09/14/2019

Iger Departs Board of Apple, Disney’s New Streaming Competitor Robert A. Iger, Disney’s chief executive and chairman, had been on the board since 2011. But both companies will debut streaming services next month....
11:14, 09/14/2019

WeWork’s Efforts to Salvage I.P.O. Renews Fears About ‘Unicorn’ Era The company’s stumbles are the latest example of how fast-growing and unprofitable businesses are struggling to convince investors that they are good...
11:14, 09/14/2019

|ChinabacksUSfarmpurchasesastradetalksatmospherewarms China says it is encouraging companies to buy US farm products including soybeans and pork, and will exclude those commodities from additional tariff...
07:56, 09/14/2019

|WeWorkplowsaheadwithlisting,reshapesboardtocounterskepticism WeWork isn’t backing down from its embattled listing, announcing a series of governance changes to assuage investor concerns in an effort to bolster ...
07:56, 09/14/2019

|Mineralresourcesdepartmentfacingasmanyas70legalbattles Mineral resources and energy director general Thabo Mokoena told Parliament’s portfolio committee on mineral resources and energy that the department...
07:56, 09/14/2019

|Ministercallsforboardnominationsatonce-capturedstateITagency Minister Stella Ndabeni-Abrahams called for nominations for the appointments to the boards of SITA and Nemisa, saying candidates should be individual...
07:56, 09/14/2019

|IndiawilldoitsownchecksontheBoeing737Max-evenifit'sclearedintheUS India, one of the biggest buyers of the plane, plans to conduct its own checks and demand simulator training for all pilots before Boeing's 737 Max j...
07:56, 09/14/2019

|Trumpvowsto'dosomethingvery,verystrong'aboutvaping While US president Donald Trump has vowed to "do something very, very strong" after hundreds of reported cases of lung illnesses related to electroni...
07:56, 09/14/2019

|Rockets,racehorses,riflecollections:Hobbiesofthesuper-rich Gordy & Sons Outfitters in Houston stocks almost anything an outdoors enthusiast could want, from a knife inlaid with 45 000-year-old woolly mammoth ...
07:56, 09/14/2019

|Mboweni:'Lotsofnoise'oneconomicplan,butpublicfeedbackAWOL South African Finance Minister Tito Mboweni is awaiting responses to his economic policy plan, but so far reaction from the public has been slow, he ...
07:56, 09/14/2019

Peanut Allergy Drug Backed by FDA Advisory Panel A panel of outside advisers recommended that the FDA approve a proposed treatment for peanut allergies in children, a step that could clear the way f...
06:42, 09/14/2019

Bottles of Cristal and steak dinners mark UAW corruption as prosecutors detail misused union funds U.S. prosecutors accuse UAW officials of living lives of luxury that included high-end liquor, private villas, lavish dinners and golf outings — all ...
05:28, 09/14/2019

Cramer's game plan: Expect the unexpected from both Powell and Trump After a "monster good week" for the market, Jim Cramer warns investors to have their guards up ahead of the Federal Reserve's highly anticipated...
05:28, 09/14/2019

Google and Facebook’s latest efforts to ‘save’ journalism are already getting eye rolls Google and Facebook are racing to elevate quality journalism in the lead-up to the 2020 elections, but some fear the changes could have unintended co...
02:56, 09/14/2019

HUD Secretary Ben Carson, other top Trump officials to visit California as White House ramps up homeless push The trip brings into sharp focus the Trump administration’s tightly held effort to spotlight and intervene in California’s growing homeless populatio...
02:56, 09/14/2019

Stocks rise for week on easing of U.S.-China trade tensions, erasing August losses It’s a stock market that won’t stop. The last few months have been packed with bad news: trade war salvos, U.S. threats against Mexico, a currency sc...
02:56, 09/14/2019

Consumer agency elects new chairman with a surprise choice The current chairwoman, who is leaving at the end of October, said she felt it was important for the next acting agency head to “be the most experien...
02:56, 09/14/2019

House lawmakers ask four tech giants to turn over trove of sensitive records in antitrust probe The documents could shed light on whether the companies’ dominance of search, advertising, e-commerce and other digital markets is rooted in anti-com...
02:56, 09/14/2019

J.Crew Plans IPO Spinoff of Madewell J.Crew formally made plans to spin off its fast-growing Madewell brand in an initial public offering, expecting to use the proceeds to pay down debt....
01:42, 09/14/2019

Music Publishers Allege Peloton Used More Songs Without Permission A group of music publishers alleges Peloton’s workout video-streaming service used more than twice as many songs without permission as they had previ...
01:42, 09/14/2019

AT&T Chief Laid Plans for His Exit. That Set Off an Activist Challenge. Plans by CEO Randall Stephenson to leave the helm to a longtime ally triggered the threat of a proxy fight by an aggressive Wall Street activist inve...
01:42, 09/14/2019

Disney Chief Executive Robert Iger Resigns from Apple's Board Walt Disney Chief Executive Robert Iger resigned from Apple’s board, severing a yearslong connection between the two companies as they prepare to lau...
01:42, 09/14/2019

Carrier's New CFO to Guide Spinoff From United Technologies Carrier Global Corp. on Friday named a new finance chief, a move that comes as the heating-and-cooling-systems company prepares to spin off from Unit...
00:42, 09/14/2019

Hackers Use Spyware to Track SIM Cards Hackers are exploiting a vulnerability in software embedded in the SIM cards of hundreds of millions of phones to track users’ whereabouts—a novel fo...
00:42, 09/14/2019

Auto Sales Revved Up August Retail Spending Spending on vehicles drove strong retail sales in August, suggesting American shoppers continue to support the economy at a time of heightened global...
00:42, 09/14/2019

MoviePass to Halt as Parent Explores Possible Sale MoviePass parent Helios & Matheson plans to “explore all strategic and financial alternatives,” including a sale or reorganization, and said MoviePas...
00:42, 09/14/2019

E-Cigarette Maker NJOY Changes Funding Plan After Vaping Ban E-cigarette maker NJOY Holdings has changed plans for its funding round after the Trump administration announced a plan to pull most vaping products ...
00:42, 09/14/2019

Exclusive: WeWork considers IPO valuation of as low as $10 billion - sources WeWork owner The We Company may seek a valuation in its upcoming initial public offering of between $10 billion and $12 billion, a dramatic discount ...
00:14, 09/14/2019

Draghi's parting shot leaves next ECB boss with existential dilemma Christine Lagarde will face a momentous decision in her first year as European Central Bank President: give up on reviving inflation or give in to th...
00:14, 09/14/2019

Indian's top trader body seeks ban on Amazon, Flipkart's festive season sale A leading Indian trader body asked the government on Friday to ban upcoming festive sales on Amazon's local unit and its rival Flipkart, saying their...
00:14, 09/14/2019

Hong Kong exchange vows to press on with $39 billion LSE bid after rebuff Hong Kong's exchange refused to give up on its bid to take over the London Stock Exchange after the British bourse emphatically rejected its $39 bil...
00:14, 09/14/2019

IMF has a decision to make in Argentina: rock or hard place? The International Monetary Fund has a tough choice to make in Argentina: Unlock over $5 billion in funds under the country's loan deal as the governm...
00:14, 09/14/2019

Solid U.S. retail sales calm some worries about economy U.S. retail sales increased more than expected in August, pointing to solid consumer spending that should continue to support a moderate pace of econ...
00:14, 09/14/2019

Factbox: What needs to happen before Boeing's 737 MAX can fly again Boeing Co's best-selling jet, the 737 MAX, was grounded globally in March, days after the crash of an Ethiopian Airlines flight that followed a simi...
00:14, 09/14/2019

UPS to pay $8.4 million to resolve U.S. overcharging probe United Parcel Service Inc has agreed to pay the United States $8.4 million to resolve allegations it overcharged federal agencies for package delive...
00:14, 09/14/2019

Crisis-hit Boeing readies huge effort to return 737 MAX to the skies As Boeing Co sets its sights on winning approval to fly its 737 MAX within weeks, following a six-month safety ban, engineers around the world are r...
00:14, 09/14/2019

Tech companies won't wait for U.S. to act on social media laws, Microsoft's president says Microsoft Corp President and Chief Legal Officer Brad Smith said on Friday that technology companies are likely to change how they moderate online pl...
00:14, 09/14/2019

ECB hawks rally against Draghi's farewell stimulus Conservative policymakers slammed the European Central Bank's lavish stimulus measures on Friday, voicing doubts about the need and effectiveness of ...
00:14, 09/14/2019

Apple counters Goldman call on 'negative impact' of Apple TV+ trial Apple Inc on Friday disputed a Goldman Sachs research note which stated that the company's plans to account for the trial of its new streaming servic...
00:14, 09/14/2019

Global stocks, bond yields lifted by U.S.-China trade hopes A gauge of global stocks rose for an eighth straight day and benchmark government bond yields climbed on Friday after signs of progress in U.S.-China...
00:14, 09/14/2019

Citigroup stands by card strategy despite economic clouds Some Wall Street analysts have begun to question whether Citigroup Inc's big bet on credit cards will backfire if the U.S. economy enters a recessio...
00:14, 09/14/2019

S&P edges lower as Apple weighs, trade tensions ease The S&P 500 ended the day down slightly on Friday but less than 1% below its all-time high as a drop in Apple stock countered cooling U.S.-China trad...
00:14, 09/14/2019

Exclusive: WeWork considers dramatic valuation cut in IPO WeWork owner The We Company may seek a valuation in its upcoming initial public offering of between $10 billion and $12 billion, a dramatic discount ...
00:14, 09/14/2019

Apple disputes negative Goldman call hitting the stock, says TV+ will not have 'material impact' Apple told CNBC in a statement that it does not expect the launch of Apple TV+ "to have a material impact on our financial results," as Goldman estim...
23:28, 09/13/2019

HUD Secretary Ben Carson and top Trump officials to visit California as White House ramps up homeless push The trip brings into sharp focus the Trump administration’s tightly held effort to spotlight and intervene in California’s growing homeless populatio...
22:00, 09/13/2019

'Boris Bus' maker Wrightbus in urgent rescue talks The Ballymena-based 'Boris Bus' maker Wrightbus will this weekend hold last-ditch talks with a prominent Irish transport executive in a bid to stave ...
22:00, 09/13/2019

The $400 billion outdoor industry sounds alarm on Trump's trade war tariffs From September 2018 to July 2019, outdoor recreation businesses have paid $1.8 billion more in tariffs compared to the year ago period, according to ...
19:56, 09/13/2019

Self-made millionaire: The simple strategy that helped increase my odds of success by 42% Today, Marie Forleo is the founder of a multimillion-dollar life coaching empire. Here's the five-step strategy that helped her achieve success....
19:56, 09/13/2019

Connecticut says 11 people have been hospitalized due to severe lung injury linked to vaping Connecticut state public health officials joined the call for consumers to stop using electronic cigarettes after 11 people in the state have fallen ...
19:56, 09/13/2019

New York City health chief sounds alarm on vaping rates among middle-school children New York City Health Commissioner Oxiris Barbot, a pediatrician, said 1 in 15 middle-school students in the city said they currently use electronic c...
19:56, 09/13/2019

SmileDirectClub jumps in second trading day, after disappointing IPO SmileDirectClub surged more than 11% in midday trading Friday, recovering some losses after the company saw its shares plummet 28% during its disappo...
19:56, 09/13/2019

Sensex Ends 281 Points Higher, Nifty Reclaims 11,050: Highlights Stock market updates: Buying across sectors except pharmaceuticals shares supported the sharp recovery in the markets, after a session marked with hi...
19:28, 09/13/2019

Rupee Extends Gain To 7th Day, Edges Past 71 Mark Against Dollar Continuing its upmove for a seventh straight day, the rupee gained as much as 26 paise to edge past the 71 mark against the dollar on Friday. After s...
19:28, 09/13/2019

No Document Required For Updating Aadhaar Photo, Mobile, Email: UIDAI Aadhaar mobile number update: In order to obtain an Aadhaar number, individuals are required to provide certain demographic and biometric information...
19:28, 09/13/2019

JioFiber Plans Priced At Rs 699-8,499/Month. Compare Features, Speed Here JioFiber plan price, internet speed and other features: In six JioFiber plans priced from Rs 699 to Rs 8,499, Reliance Jio Infocomm offers internet s...
19:28, 09/13/2019

GST Council Meets Next Week; Tax Cut To Hinge On Revenue Position: Report The GST Council, headed by Union Finance Minister Nirmala Sitharaman and comprising representatives of all states and Union Territories (UTs), is sch...
19:28, 09/13/2019

Rupee Surges For Seventh Day In A Row, Ends 22 Paise Higher The rupee surged for a seventh straight session on Friday to close at 70.92 per US dollar, up 22 paise, as softening crude oil prices and easing US-C...
19:28, 09/13/2019

How Once-Doomed Mortgage Giants Gained New Lease on Life Fannie Mae and Freddie Mac cranked out profits as housing recovered after the financial crisis, and Congress couldn’t come up with a very good altern...
19:01, 09/13/2019

Washington, Silicon Valley Struggle to Unify on Protecting Elections A recent meeting between U.S. national-security officials and Silicon Valley executives shows how the two sides aren’t unified on how best to combat ...
19:01, 09/13/2019

NASA contractors share the grief of Israeli and Indian lunar failures The team was gathered in a conference room last week, about 35 in all, ready to celebrate India’s triumph: the country’s first lunar landing. Like ma...
19:00, 09/13/2019

House lawmakers ask Apple, Amazon, Facebook and Google to turn over trove of records in antitrust probe The requests ask each of the tech giants to provide detailed information about their internal operations, including copies of key communications betw...
19:00, 09/13/2019

Amazon starts crowdsourcing Alexa responses from the public. What could possibly go wrong? Amazon made its Alexa Answer program available to the general public this week after several months of beta testing, opening up its artificial-intell...
19:00, 09/13/2019

House Antitrust Panel Seeks Documents From 4 Big Tech Firms Lawmakers investigating Amazon, Apple, Facebook and Google for possible antitrust violations on Friday sent the companies detailed requests for infor...
18:42, 09/13/2019

Wealth Advisory Firms Are Merging, but What’s in It for Clients? The answer may depend on how much money the wealthy have to invest, experts say. Either way, a change in ownership may bring changes in how clients’ ...
18:42, 09/13/2019

London Stock Exchange Rejects Takeover Bid From Hong Kong London officials, citing “fundamental flaws” in the unsolicited $37 billion offer from the Hong Kong Stock Exchange, said they saw “no merit in furth...
18:42, 09/13/2019

Rising Car Prices Are Sending Even Strong-Credit Buyers to the Used Lot Drivers with high credit scores accounted for more than half of used-car financing in the second quarter this year, which was a record, the credit bu...
18:42, 09/13/2019

WeWork Limits C.E.O.’s Power as It Presses Forward With Stock Sale The parent company of the co-working business made the changes to allay concerns among prospective investors about how much influence Adam Neumann wi...
18:42, 09/13/2019

Sale on the cards for owners of Clintons chain The owners of Clintons, Britain's second-biggest standalone greeting cards chain, are exploring a sale of the business seven years after it collapsed...
18:42, 09/13/2019

Stock exchange spurns £30bn Hong Kong takeover bid The London Stock Exchange has firmly rejected an unsolicited takeover bid by its Hong Kong rival, citing "fundamental flaws" in the £30bn offer....
18:42, 09/13/2019

U.S. Caps Fannie, Freddie Lending for Multifamily Properties The federal regulator of Fannie Mae and Freddie Mac moved to cap the total amount of loans for multifamily rental properties that the mortgage-financ...
17:28, 09/13/2019

China to Exempt U.S. Soybeans and Pork From Punitive Tariffs China will exempt purchases of U.S. soybeans, pork and other agricultural products from punitive tariffs, following President Trump’s two-week postpo...
17:28, 09/13/2019

WeWork Parent Adjusts Corporate Governance Ahead of Nasdaq IPO WeWork’s parent agreed to make sweeping governance changes and chose Nasdaq for its exchange, as the shared-workspace provider scrambles to keep its ...
17:28, 09/13/2019

PG&E Strikes $11 Billion Settlement With Insurers Over Wildfires PG&E Corp. agreed on an $11 billion settlement to resolve the majority of claims by insurance carriers from the 2017 Northern California wildfires an...
17:28, 09/13/2019

'Stop the WeWork deal' — Cramer says the embattled IPO could wreck the stock market rally WeWork should pull its IPO because the negative sentiment around slashing its valuation could be contagious in the overall stock market, says CNBC�...
16:56, 09/13/2019

|CompetitionCommissionbacksFootgear'splantobuyEdgarsfootwearbrands The Competition Commission has given the nod to Footgear's proposed purchase of Edcon's Edgars Active and High Key chain stores, saying it recommends...
16:56, 09/13/2019

|WATCH:FordbetsonelectrictruckstoheadoffTesla Three years ago, Tesla CEO Elon Musk declared he wanted to attack the heart of the Detroit automakers’ franchises with a Tesla electric pickup. But F...
16:56, 09/13/2019

|Numsaandautomakersbreakdeadlock,reach3-yearwageagreement Trade union Numsa on Friday reached a three-year wage deal agreement with automotive manufacturers after wage negotiations reached a deadlock earlier...
16:56, 09/13/2019

|Draftlawproposedtogivestateashareinpetroleum The Department of Mineral Resources and Energy is considering legislation that will give government a 20% free carry share in upstream petroleum, Par...
16:56, 09/13/2019

United Auto Workers Official Charged in Widening Federal Probe Vance Pearson, director of the UAW’s Region 5 office in Missouri, was charged with embezzlement of union money in an expanding federal corruption inv...
16:28, 09/13/2019

Opioid Reckoning Hits Money Managers Exposure to drug companies with potential liabilities stemming from widespread opioid addiction is damaging investment returns at several money manag...
16:28, 09/13/2019

Feds Step Up Safety Investigation on Nissan's Auto-Braking System Federal safety regulators are taking a closer look into the automatic emergency-braking system on more than a half-million Nissan Rogue sport-utility...
16:28, 09/13/2019

Maritime Regulator Says Shipping Environmental Efforts 'Set to Go' The maritime industry is moving full steam ahead toward overhauling how ships get their power despite dissent from some vessel owners over the impact...
16:28, 09/13/2019

U.S. Deficit Tops $1 Trillion for First Time in Seven Years The U.S. budget gap widened to more than $1 trillion in the first 11 months of the fiscal year, the first time year-to-date deficits have topped that...
16:28, 09/13/2019

Retail Sales Rose in August American shoppers spent strongly in August, supporting the broader economy at a time of heightened global uncertainty. Retail sales increased a seaso...
16:28, 09/13/2019

Purdue Ditched Earlier Plans for Opioid-Treatment Nonprofit The OxyContin maker nixed plans earlier this year to launch a foundation to fund opioid-addiction treatment and research as the company rethought its...
16:28, 09/13/2019

Gig Economy in Crosshairs After Freewheeling Growth A California bill passed this week is the latest move by regulators and courts around the globe that could curtail companies like Uber, Lyft and Door...
16:28, 09/13/2019

House Committee Requests Tech Executives' Emails in Antitrust Probe Congress is ramping up its probe into the tech industry, with House lawmakers demanding emails and executive communications from four technology gian...
16:28, 09/13/2019

Draghi Throws Everything But the Kitchen Sink at Europe’s Problems The soon-to-depart ECB president has delivered another monetary master class, providing a jolt of stimulus but leaving wriggle room for his successor...
14:28, 09/13/2019

Cities, not rural areas, are the real Internet deserts The “digital divide” is back in the news, with both Democratic presidential candidates and incumbent government officials promising billions to provi...
14:28, 09/13/2019

A New Report Says U.S. Airline Carbon Emissions Are Growing Fast U.S. airlines are increasing their emissions of climate-changing gases much faster than they are boosting fuel efficiency, according to an environmen...
12:57, 09/13/2019

Kroger's doubts about turnaround targets cloud quarterly profit beat Kroger Co on Thursday raised doubts about its profit targets from an ongoing turnaround plan, even as the supermarket chain operator posted a better-...
12:28, 09/13/2019

Aurora Cannabis executive says he is 'very worried' about vaping situation in the US "In Canada, it's very different, and we're heavily regulated by Health Canada, which is a good thing," Executive Chairman Michael Singer sa...
12:28, 09/13/2019

Cramer's favorite market indicator is signaling that stocks are 'way overbought' "The S&P's proprietary short-range oscillator ... currently stands at eight, and that's not just overbought, it's way overbought," Jim...
12:28, 09/13/2019

CDC narrows investigation of mysterious vaping-related lung disease to 380 cases The investigation of a mysterious lung disease that has killed at least six people has narrowed to 380 "probable" and "confirmed" cases, the CDC said...
12:28, 09/13/2019

Everlane needed to open stores because 'basically' no online-only companies are profitable, CEO says "Everybody loves to say you don't spend money online, but the way things work now with Facebook, Instagram, and how much it goes to acquire a cu...
12:28, 09/13/2019

'Game of Thrones' prequel series about the Targaryen family in development at HBO, reports say Martin, who wrote the "Song of Ice and Fire" novel series on which HBO's eight-season "Game of Thrones" was based, is writing the pilot along wi...
12:28, 09/13/2019

Two-thirds of top US execs say Trump will be reelected in 2020, business survey reveals More than two-thirds of chief financial officers at big U.S. corporations think Donald Trump will be reelected President of the United States in 2020...
12:28, 09/13/2019

US-China trade deal coming soon? Big companies aren't buying it Most U.S. CFOs think U.S. trade policy will be bad for business over the next six months, according to the third quarter CNBC Global CFO Council surv...
12:28, 09/13/2019

U.S. court upholds ex-HSBC executive's conviction for foreign-exchange scheme A U.S. appeals court on Thursday upheld the conviction of a former HSBC Holdings Plc executive who was sentenced to two years in prison for defraudin...
09:42, 09/13/2019

Deutsche Bank is first to settle bond-rigging lawsuit, amid federal probe Deutsche Bank AG will pay $15 million to resolve claims it conspired to rig prices of bonds issued by Fannie Mae and Freddie Mac, becoming the first ...
09:42, 09/13/2019

U.S. probes 553,000 Nissan Rogue SUVs for unintended emergency braking The National Highway Traffic Safety Administration (NHTSA) has opened a preliminary investigation into 553,000 Nissan Rogue sport utility vehicles af...
09:42, 09/13/2019

Grand jury indicts GE's Baker Hughes for exposing workers to toxic chemicals A grand jury in Alaska this week indicted General Electric's Baker Hughes, two of its subsidiaries and an employee, for 25 felony charges of assault ...
09:42, 09/13/2019

Reuters asks judge to release secret Propecia documents Reuters asked a U.S. judge on Thursday to unseal documents filed in court regarding potential risks associated with Propecia, Merck & Co's popular ba...
09:42, 09/13/2019

Trump favors 'whole deal' with China, two sides prepare for trade talks President Donald Trump said on Thursday he preferred a comprehensive trade deal with China but did not rule out the possibility of an interim pact, e...
09:42, 09/13/2019

White House moving forward to strip California of vehicle authority: sources The Trump administration is moving forward with a plan to revoke California's authority to set its own vehicle greenhouse gas standards and declare t...
09:42, 09/13/2019

Record low rates deliver competitive advantages to Australia's biggest banks: regulator Australia's banking watchdog on Friday said record-low interest rates are likely to benefit the country's "Big Four" lenders over their smaller count...
09:42, 09/13/2019

Philippine fast food specialist Jollibee hungry to expand in U.S., China Jollibee Foods Corp , the Philippine fast food specialist known for fried 'Chickenjoy' and chopped hotdogs in sweet spaghetti sauce, is doubling down...
09:42, 09/13/2019

WeWork considering curbing Neumann's voting power to save IPO: source WeWork owner The We Company's executives, investors and advisers are discussing curbing the voting power of founder Adam Neumann and removing his co-...
09:42, 09/13/2019

Japan Post Bank admits improper sales to elderly clients, discovers 19,500 cases Japan Post Bank Co Ltd on Friday said it improperly sold investment trust products to elderly customers in about 19,500 cases, the latest instance o...
09:42, 09/13/2019

Asia shares at six-week high on trade progress, ECB easing Asian stocks climbed to their highest in six weeks on Friday, as signs of progress in U.S.-China trade talks and aggressive stimulus from the Europea...
09:42, 09/13/2019

Why Big Energy Opposes Trump Break on Methane Leaks Natural gas is now the top fuel used to produce electricity in the U.S., having dethroned coal. It’s cheap, and when burned cleanly it emits only hal...
08:42, 09/13/2019

Vaping Was Called Safer Than Smoking. What Happened? The growing use of battery-powered e-cigarettes -- the activity known as vaping -- has provoked one of the most robust debates among public-health sp...
08:42, 09/13/2019

Watched by millions, ‘vape influencers’ worry they will become collateral damage in Trump’s new ban On YouTube and elsewhere, an ecosystem of users says the government is overreacting, harming livelihoods and driving people back to tobacco cigarette...
08:42, 09/13/2019

These Dutch vloggers wanted to visit Area 51. They wound up in jail instead. The two YouTube stars from the Netherlands were arrested after allegedly trespassing outside the government facility famed for conspiracies about ali...
08:42, 09/13/2019

Ben Carson cleared by HUD inspector general of misconduct in ordering $31,000 dining room set for office suite The year-long investigation found no evidence that Carson or his wife exerted improper influence over a controversial $31,561 order to replace office...
08:42, 09/13/2019

Shalt thou eat an Impossible Burger? Religious doctrine scrambles to catch up to new food technology. Leviticus 11 contains a zoo’s worth of animals. The hyrax and the monitor lizard. The katydid is there, as is the gecko. And it ends: “You must disti...
08:42, 09/13/2019

145 CEOs implore Senate to act on gun violence, saying doing nothing is ‘simply unacceptable’ In the latest attempt by corporate America to pressure Congress for action on the issue, the chief executives of Levi Strauss, Twitter, Reddit and ot...
08:42, 09/13/2019

In California, Gig Workers Are About to Become Employees A bill would change the rules for classifying workers as employees, rather than contractors. It would affect Uber and Lyft, but also truckers and mus...
07:28, 09/13/2019

California Bill Would Halt Facial Recognition on Bodycams A bill approved by the state senate would set a three-year moratorium on police use of recognition algorithms. Privacy advocates want a permanent ban...
07:28, 09/13/2019

The WIRED25 Festival Is Back—Get Ready to Fix Things Join us for four days of lively stage chats and workshops with luminaries and icons, from Chris Evans and N. K. Jemisin to Stewart Butterfield and NS...
07:28, 09/13/2019

Would the Internet Be Healthier Without 'Like' Counts? Facebook, Instagram, Twitter, and YouTube have moved to hide or obscure measures of popularity, in the name of less toxic dialog. Users give a thumbs...
07:28, 09/13/2019

|Mini-budgetcan'tbebusinessasusualifSAwantstododgedowngrade-economist The upcoming Medium-Term Budget Policy Statement in October will be a critical indicator of how government is planning to deal with prevailing challe...
07:28, 09/13/2019

|ANALYSIS:Here'showsomeSouthAfricansareusingtheirsocialgrantstobecomeentrepreneurs SA distributes 17 million social grants every month. Here's how some beneficiaries are using their grants to establish businesses and grow their inco...
07:28, 09/13/2019

Over 50 and Freelancing to Fill the Gaps in Retirement Funds Whether they chose to retire or were forced out of a job, a significant chunk of American workers over the age of 50 are finding they need to reinven...
07:28, 09/13/2019

Forever 21, Losing Young Shoppers, Is Said to Be Near Bankruptcy Filing The tide has turned for Forever 21 and similar fashion retailers in the past few years. Its hundreds of stores are getting less foot traffic, especia...
07:28, 09/13/2019

LIVE Market Updates: Sensex Rises Over 100 Points, Nifty Above 11,000 LIVE stock market updates: On Thursday, ahead of the release of macroeconomic data, the S&P BSE Sensex had ended 166.54 points - or 0.45 per cent - l...
06:42, 09/13/2019

Sensex, Nifty Set To Open On A Flat Note Today LIVE stock market updates: On Thursday, ahead of the release of macroeconomic data, the S&P BSE Sensex had ended 166.54 points - or 0.45 per cent - l...
05:28, 09/13/2019

|SolidaritytouseR1mfromlegalbattleswithMolefeandMotsoenengtotackletaxabuse Trade union Solidarity has said it will use the monies it received following legal battles with Brian Molefe and Hlaudi Motsoeneng to fund future cas...
02:42, 09/13/2019

|HowonefitnessstartupwentfromKickstartertocreatingaR6.5bnfortune Peloton Interactive started making its indoor exercise bike after raising R4.4m in a 2013 crowd-funding campaign. It now aims to raise over R16bn in ...
02:42, 09/13/2019

|Applenearsrecordasmarketcapagainsurpasses$1trn Apple shares rose for a fourth straight session on Thursday, with the iPhone maker hitting its highest level since October as investors continued to ...
02:42, 09/13/2019

|SAunsecuredloanboomleaves40%ofborrowersindefault South Africa’s unsecured lending boom has left 40% of borrowers in default and millions of people in a debt trap, according to fund manager Different...
02:42, 09/13/2019

|LinkedInCEOsaystechregulationrisksstiflinginnovation The combative relationship between Silicon Valley and global regulators has been at the centre of attention for much of the past two years. Technolog...
02:42, 09/13/2019

Electric cars are coming: new models unveiled at Frankfurt Motor Show The Frankfurt Motor Show offers a first look at the some significant new electric cars: An 8-seat Mercedes, the affordable ID.3 from Volkswagen, and ...
02:14, 09/13/2019

European Central Bank cuts interest rates for first time since 2016 The European Central Bank (ECB) has cut interest rates for the first time since 2016, while introducing a sweeping stimulus package in an attempt to ...
01:42, 09/13/2019

Thomas Cook in talks about £1bn rescue package Thomas Cook Group is in talks with its lenders to increase the size of a rescue fundraising to £1bn after Britain’s oldest travel agent wa...
01:42, 09/13/2019

Saab presents first Brazilian Gripen E fighter for flight test Saab delivered the first Brazilian Gripen E aircraft to start initial flight test programs in Sweden. The aircraft will move to Brazil next year for ...
00:28, 09/13/2019

Trucking Industry Raises Alarms on California Gig Economy Legislation Trucking industry officials say a California bill aimed at the “gig-economy” business models of ride-hailing companies would upend operations in the ...
19:00, 09/12/2019

SmileDirectClub's IPO Draws Cheers From Teledentistry Rivals As SmileDirectClub prepares to go public Thursday, other venture-backed startups in the teledentistry business say the initial public offering itself...
19:00, 09/12/2019

Google Pays More than $1 Billion to Settle French Tax Cases Google is paying more than $1 billion in fines and back taxes to settle a pair of tax disputes in France, where it has faced years of investigations ...
19:00, 09/12/2019

Mnuchin Says U.S. Looking Closely at Issuing 50-Year Bond The Treasury Department is “very seriously considering” issuing a 50-year bond next year, Treasury Secretary Steven Mnuchin said, as the Trump admini...
19:00, 09/12/2019

China Seeks to Narrow U.S. Talks to Break Deadlock Beijing is looking to narrow the scope of its negotiations with the U.S. to only trade matters, putting thornier national-security issues on a separa...
19:00, 09/12/2019

ECB Cuts Rates and Launches Sweeping Stimulus Package The European Central Bank cut its key interest rate and launched a sweeping package of bond purchases that lays the ground work for what is likely to...
19:00, 09/12/2019

Economists Don't See Path to 3% Growth The Trump administration’s goal of achieving economic growth of 3% or better is looking increasingly remote this year, according to forecasters surve...
19:00, 09/12/2019

Old Navy Plans to Open 800 More Stores Gap Inc.’s Old Navy brand plans to open hundreds of stores as it prepares to split from its parent company at a time when slower sales and online riv...
19:00, 09/12/2019

Kroger's Sales Rise after Digital Investments Kroger Co. reported slightly higher sales in its latest quarter after recent investments in online ordering and other efforts to draw in new customer...
19:00, 09/12/2019

Chief Executives Urge Senate to Pass New Gun Laws Chief executives of dozens of companies ranging from Levi Strauss to Uber Technologies sent a letter to members of the Senate asking them to pass new...
19:00, 09/12/2019

|BPCEOsayshe’llselloilprojectstomeetclimatetargets BP’s CEO plans to sell some oil projects and curb the development of others to align its business with the Paris accord, the latest sign climate conc...
18:42, 09/12/2019

|MrPricesuspendstwoseniormanagersamidmisconductallegations Mr Price announced the precautionary suspensions of two senior management members pending an internal investigation into their involvement with a sup...
18:42, 09/12/2019

|Koeberg:EskomintalkswithFrenchnuclearcompanyoverpossibledefectrisk It is as yet unclear whether the Koeberg nuclear plant, outside Cape Town, is affected by a French company's announcement that some plants using its ...
18:42, 09/12/2019

Uber’s Future May Depend On Convincing the World Drivers Aren’t Part of its ‘Core Business’ Facing the most serious threat yet to its business model, Uber is dusting off a legal argument it has employed with mixed results: that it’s a ...
18:14, 09/12/2019

Nissan China head, turnaround executive are reportedly among top candidates for CEO The head of Nissan Motor's China business and an executive tasked with leading its revival have emerged as two of the top candidates to take ove...
16:14, 09/12/2019

Trump expected to roll back Obama-era clean water regulations The EPA proposed replacing the 2015 water rule in December following an executive order from President Donald Trump, who has criticized the regulatio...
16:14, 09/12/2019

Nifty Gives Up 11,000, Snaps Five-Day Winning Streak: Highlights Stock market updates: The S&P BSE Sensex index, which added as much as 164.33 points to touch 37,435.15 on the upside, fell 386.48 points from that l...
15:28, 09/12/2019

United States, China Grant Trade Concessions As Fresh Talks Loom China's decision to exempt some US goods was a "big move" by Beijing and a positive gesture before trade negotiators from both countries meet in Wash...
15:28, 09/12/2019

Rupee Gains By 43 Paise Against US Dollar: 10 Things To Know The rupee rose by as much as 43 paise against the US dollar on Thursday. After opening higher at 71.43 against the greenback, the rupee climbed to as...
15:28, 09/12/2019

Six JioFiber Plans Priced At Rs 699-8,499 Offer Up To 1 Gbps Speed JioFiber plan price per month: Through six JioFiber monthly plans, Reliance Jio offers internet speed in the range of 100 Mbps-1 Gbps. Each of the si...
15:28, 09/12/2019

Walchandnagar Industries Wins Rs 77-Crore Order From ISRO, Shares Surge Walchandnagar share price: Walchandnagar Industries said it has been a strategic partner to the Indian Space Research (ISRO) since the 1970s. Walchan...
15:28, 09/12/2019

Sensex Closes 167 Points Lower, Nifty Gives Up 11,000 The Sensex moved in a range of 37,435.15-37,048.67 during the session, whereas the Nifty fell as much as 10,964.95. The index touched a high of 11,08...
15:28, 09/12/2019

India Must Get Back To 19-20% Export Growth: Piyush Goyal Trade deficit during the month shrank significantly to $13.43 billion from $18.63 billion in July 2018 as imports contracted 10.43 per cent to $39.76...
15:28, 09/12/2019

Consumer Inflation At 10-Month High Of 3.21% In August Thursday's data also meant consumer inflation came in below the Reserve Bank of India's medium-term target of 4 per cent for the thirteenth month in ...
15:28, 09/12/2019

Bank Officers' Union Threatens To Go On 2-Day Strike Against Mergers A union leader also said that the nationalised banks will further observe indefinite strike from the second week of November to press for their deman...
15:28, 09/12/2019

Consumer Inflation Hits 10-Month High Of 3.21% In August: 10 Points Consumer inflation came in at 3.21 per cent in August, government data showed on Thursday. That marked the highest level recorded since October last ...
15:28, 09/12/2019

Zomato Layoffs Erase Rs 2,600 Crore From India's Info Edge Info Edge shares, which rose 1% on September 9, have since fallen 10% as investors saw the layoffs as a sign the slowdown in consumption is spreading...
15:28, 09/12/2019

Square Wants to Be a Bank But Doesn't Want to Be Taxed Like One Square has lent billions to small businesses and consumers and applied for a banking license, but it says it isn’t a financial company. The payments ...
14:28, 09/12/2019

Billionaire Cashes Out of Online Fashion---Next Stop? The Moon The Japanese billionaire who wants to fly around the moon on Elon Musk’s spaceship is exiting his online fashion business back on earth by selling co...
14:28, 09/12/2019

Trump Rules Out Indexing Capital-Gains Taxes to Inflation President Trump told his advisers that he doesn’t plan to try to bypass Congress and lower capital-gains taxes by indexing gains to inflation, accord...
14:28, 09/12/2019

Why Rate Cuts in Europe May Do More Harm Than Good The European Central Bank is likely to launch a fresh wave of loose-money policies to jolt its stubbornly low inflation rate. But many suspect its pr...
14:28, 09/12/2019

British American Tobacco to Cut Thousands of Jobs The maker of Lucky Strike cigarettes will cut more than 20% of senior positions at the company as it seeks to boost the growth of new products amid d...
14:28, 09/12/2019

Government to Google: Let Employees Speak Out Federal regulators have ordered Google to assure employees they are allowed to speak out on political and workplace issues, as part of a settlement o...
14:28, 09/12/2019

What People Say About the Economy Can Set Off a Recession Big economic changes come when popular narratives mutate and spread, infecting the decisions of millions of people, the economist Robert J. Shiller s...
13:42, 09/12/2019

Blue Skies Ahead for Cheap Flights, But Read the Fine Print More no-frills carriers as well as major airlines are offering deals on international flights. Just book ahead and be wary of ancillary fees — they c...
13:42, 09/12/2019

When Retirement Savings Run Short, Freelancing Fills the Gaps Whether they chose to retire or were forced out of a job, a significant chunk of American workers over 50 are finding they need to reinvent themselve...
13:42, 09/12/2019

S.U.V. vs. Sedan, and Detroit vs. the World, in a Fight for the Future In 2019 in the U.S., sport utility vehicles and pickups are grabbing a record 70 percent of the market. Asian and European automakers see things diff...
13:42, 09/12/2019

California’s Contractor Law Stirs Confusion Beyond the Gig Economy After state lawmakers voted to extend minimum-wage and other protections to independent contractors, Uber said it would not treat its drivers as empl...
13:42, 09/12/2019

China says firms have started inquiring about U.S. agriculture buys China's Commerce Ministry said on Thursday that Chinese companies have started to inquire about prices for U.S. agricultural goods purchases, in a fu...
11:42, 09/12/2019

Trump officials tour unused FAA facility in California in search for place to relocate homeless people President Trump has directed aides to launch a major crackdown on homelessness in California, spurring an effort across multiple government agencies ...
11:14, 09/12/2019

Trump delays increase in tariffs on Chinese goods by two weeks ‘as a gesture of goodwill’ The president’s move came after China made a gesture of its own, announcing it would exempt 16 American-made products from tariffs ahead of talks sch...
11:14, 09/12/2019

U.S. judge approves novel framework for opioid settlement talks A federal judge on Wednesday approved the substance of a proposal by lawyers representing cities and counties suing drug companies over the U.S. opio...
11:14, 09/12/2019

Cathay Pacific freezes new hiring, to focus on cost cuts: memo Cathay Pacific Airways Ltd has put a freeze on new hiring, according to an internal memo seen by Reuters, as the airline battles a slump in demand f...
11:14, 09/12/2019

Explainer: Advertising executives point to five ways Google stifles business U.S. authorities investigating Alphabet Inc's Google for anticompetitive behavior have recently begun probing the company's $116 billion-a-year adve...
11:14, 09/12/2019

'Oracle of oil' T. Boone Pickens dies at 91 T. Boone Pickens, a celebrated corporate raider and energy industry magnate who built an empire out of an initial $2,500 investment, died on Wednesda...
11:14, 09/12/2019

Asian stocks at six-week highs as trade war gloom lifts before ECB Asian stocks advanced to a six-week high on Thursday on hopes for a thaw in U.S.-China trade relations and expectations that the European Central Ban...
11:14, 09/12/2019

U.S., China grant trade concessions as fresh talks loom U.S. President Donald Trump on Wednesday welcomed China's decision to exempt some U.S. anti-cancer drugs and other goods from its tariffs and announc...
11:14, 09/12/2019

ECB to turn stimulus taps back on to prop up ailing economy The European Central Bank is set to unveil fresh stimulus measures on Thursday to prop up the ailing euro zone economy, but its exact moves are far f...
11:14, 09/12/2019

As trade war deepens, a state-owned insurer in China helps soften the blow As the U.S.-China trade war intensifies, an insurance company run by the Chinese government is stepping in to support Chinese exporters, providing lo...
11:14, 09/12/2019

Nissan China head, turnaround executive among top candidates for CEO: sources The head of Nissan Motor Co's China business and an executive tasked with leading its revival have emerged as two of the top candidates to take over...
11:14, 09/12/2019

BAT cutting 2,300 jobs as new CEO Bowles spurs changes British American Tobacco Plc said on Thursday it would lay off 2,300 employees globally by January, about 4% of its workforce, as the world's second...
11:14, 09/12/2019

Yahoo Japan bids for control of fashion e-tailer Zozo for $3.7 billion Yahoo Japan Corp said will take over Japan's top online fashion retailer Zozo Inc for 400 billion yen ($3.70 billion), aiming to breathe fresh life...
11:14, 09/12/2019

AB InBev set to revive Budweiser Asia IPO with $5 billion float: sources The world's largest brewer, Anheuser-Busch InBev , which shelved a Hong Kong IPO of its Asia Pacific unit in July, is planning to raise about $5 bill...
11:14, 09/12/2019

Amid U.S. vaping crackdown, Juul enters China with online store openings U.S. e-cigarettes maker Juul Labs Inc, which faces a widening crackdown on vaping at home, has entered China, with online storefronts on e-commerce s...
11:14, 09/12/2019

China says firms have started inquiring about U.S. agri buys China's Commerce Ministry said on Thursday that Chinese companies have started to inquire about prices for U.S. agricultural goods purchases, in a fu...
11:14, 09/12/2019

Mexico's $5 billion debt bailout for Pemex 'a one off': deputy minister Mexico's $5 billion rescue package to pay down debt at Pemex [PEMX.UL] is a one-of-a-kind transaction that should give the struggling state oil compa...
11:14, 09/12/2019

Waymo eyes deploying self-driving technology in trucking: CEO Krafcik Waymo is exploring deploying its self-driving technology in the trucking industry, CEO John Krafcik said on Thursday, as it works with industry partn...
11:14, 09/12/2019

Political risks of Hong Kong exchange's $39 billion LSE approach takes toll on shares Hong Kong stock exchange shares fell more than 3% on Thursday as investors raised concerns about the political and regulatory risks involved in its $...
11:14, 09/12/2019

A New Monopoly Game Celebrates Women, but What About the One Behind the Original? Hasbro’s Ms. Monopoly will pay women more than men and celebrate female inventors, but it makes only brief reference to the feminist whose board game...
09:28, 09/12/2019

Trump Delays Planned Tariff Increase in ‘Gesture of Good Will’ to China President Trump said the United States would delay its next planned tariff hike on China by two weeks, potentially giving negotiators a window to avo...
09:28, 09/12/2019

|Aheadofnextweek'sratedecision,Kganyagowarnsparliamentofweakeconomy South African Reserve Bank governor Lesetja Kganyago told members of the committee that economic activity was weak and that there was insufficient in...
09:28, 09/12/2019

|Go-aheadforcontroversialoilprojectoffKZNcoast The Department of Mineral Resources has granted environmental authorisation to the Italian energy group, Eni, and Sasol Africa to conduct exploratory...
09:00, 09/12/2019

|'Thestruggleisover.'Mabuzasaysapartheid-eracultureofnon-paymentmustend Deputy President David Mabuza has called on members of the National Council of Provinces to tell residents to pay for service delivery in order to im...
09:00, 09/12/2019

Trump Has Agreed to a Two-Week Delay in Imposing Higher Tariffs on China WASHINGTON (AP) — President Donald Trump says the United States has agreed to a two-week delay in a planned increase in tariffs on some Chinese...
08:42, 09/12/2019

Uber Vows to Keep Fighting a Sweeping California Labor Bill SACRAMENTO, Calif. (AP) — California lawmakers confronting the changing definition of work approved sweeping legislation Wednesday designed to ...
08:42, 09/12/2019

|OldMutualappealsMoyoreinstatementorder Old Mutual is in the process of appealing the interim judgment which ruled that it must reinstate its axed CEO Peter Moyo, as a bitter legal battle b...
07:00, 09/12/2019

|SAExpress:Allthecorruptonesaregone,unless... SA Express has done what it could to get rid of those involved in irregular actions during "the nine lost years", interim CEO Siza Mzimela tells Parl...
07:00, 09/12/2019

Michael Cohen cooperating in probe into whether Trump Organization falsified records Michael Cohen has signed an agreement with the Manhattan District Attorney's Office, which is investigating the Trump Organization, a source tol...
04:42, 09/12/2019

Affordable housing firm Heylo lands Geczy as CEO One of the City's most prominent financiers will on Thursday be named as the new chief executive of Heylo, a fast-growing provider of affordable hous...
02:42, 09/12/2019

|DistellheadstoCompetitionTribunaloverABInBev,SABmerger Local drinks company Distell is accusing global beer brewer Anheuser-Busch InBev SA and SAB Miller of being in breach of certain clauses of their mer...
01:14, 09/12/2019

|Aspenreportsdecliningearningsafter'challenging'year Pharmaceutical company Aspen's net profit declined 14% as the group disposed of some of its businesses during the period as part of its strategic rev...
01:14, 09/12/2019

|Ex-KPMGpartnerinUSgetsprisonsentenceforfraudscheme KPMG’s former US national managing partner for audit quality and professional practice has been slapped with a prison sentence for defrauding an acco...
01:14, 09/12/2019

|SAExpresswillneverflyanaircraftthatisnotairworthy!-InterimCEO Airports Company South Africa's decision to ground SA Express aircraft in August was over outstanding debt and not non-compliance with safety standar...
01:14, 09/12/2019

More women and people of color took the stage at Apple’s big event. Was it enough? The more diverse lineup drew mixed reactions on social media. Some praised the company for its efforts. Others flagged the glaring absence of black p...
00:56, 09/12/2019

With food supply of U.S. troops at stake and executives facing prison, Kuwaiti firm launches lobbying blitz A company soon to be responsible for feeding U.S. troops in the Mideast is embroiled in a legal and political crisis that threatens to derail a long-...
00:56, 09/12/2019

Treasury admits Russian-born physicist shouldn’t be on oligarch list that it cribbed from Forbes The Treasury Department issued a letter stating that Valentin P. Gapontsev, who became a U.S. citizen a decade ago, does not belong on a list of Russ...
00:56, 09/12/2019

A Snapshot of Prescription Drug Use in Britain Sparks a Call for Alternatives A study found that one in four adults took prescription medication for pain, anxiety, depression or insomnia. The findings were described as a call f...
00:56, 09/12/2019

Confusion and Defiance Follow California’s New Contractor Law Hours after state lawmakers voted to extend minimum-wage and other protections to independent contractors, Uber said it would not treat its drivers a...
00:56, 09/12/2019

A Hong Kong-London Stock Exchange Bid Ties 2 Cities in Turmoil The nearly $37 billion offer from the Hong Kong exchange to buy its London counterpart faces tough odds. If sealed, it could transform turbulent mark...
00:56, 09/12/2019

OxyContin Producer Purdue Pharma Reaches Tentative Opioid-Crisis Settlement (HARTFORD, Conn.) — Nearly half the states and some 2,000 local governments have agreed to a tentative settlement with OxyContin maker Purdue P...
00:00, 09/12/2019

In rebuke to China, Taiwan calls for closer ties with U.S., allies A report released on Wednesday by Taiwan's defense ministry calls for closer ties with the United States and other countries in a rebuke to China's m...
22:42, 09/11/2019

Sneaker Marketplace StockX Seeks New Customers With Bleacher Report Deal StockX LLC has struck an advertising deal with WarnerMedia’s Bleacher Report as it seeks to step up its marketing efforts in the competitive sneaker-...
21:14, 09/11/2019

Nissan Management Withholds Full Ghosn Report From Board Nissan Motor’s management has yet to give its board the complete 170-page report detailing alleged wrongdoing by former Chairman Carlos Ghosn, drawin...
21:14, 09/11/2019

GM Recalls 3.5 Million Trucks, SUVs Over Brake Defect GM is recalling about 3.5 million 2014-2018 model-year trucks and SUVs in the U.S. to fix a problem that makes it harder for drivers to apply the bra...
21:14, 09/11/2019

California Passes Landmark Bill Requiring Contract Workers to Be Labeled as Employees California passed landmark employment legislation that challenges the business model of such “gig-economy” companies as ride-hailing giants Uber Tech...
21:14, 09/11/2019

Can Beer Help Bridge a Divided Nation? Anheuser-Busch Gave It a Try. The giant brewer, maker of Budweiser, set up yellow tables with non-alcoholic suds to spur “National Debate” along Belgium’s Flanders-Wallonia border...
21:14, 09/11/2019

Trump Again Weighs Capital-Gains Tax Cuts President Trump and his advisers are set to discuss whether to bypass Congress to lower capital-gains taxes by indexing them to inflation, according ...
21:14, 09/11/2019

How to Get Rid of Carbon Emissions: Pay Farmers to Bury Them What if there was a way to combat climate change that didn’t require technological breakthroughs, carbon taxes or eliminating all fossil fuels? Look ...
21:14, 09/11/2019

Retail Bankruptcies Rise, Store Closures Jump in First Half of 2019 The pace of retail bankruptcies and store closures in the U.S. has accelerated so far this year compared with 2018, due in part to last year’s lacklu...
21:14, 09/11/2019

As Juul Moves Abroad, It's Leaving Some of Its U.S. Restrictions Behind As Juul Labs Inc. expands its e-cigarettes internationally, it hasn’t placed the same restrictions on sales to combat underage vaping in Asia and oth...
21:14, 09/11/2019

Trump Plans to Ban Most Vaping Flavors President Trump said the U.S. plans to pull most vaping products from the market, citing growing concerns about health hazards and rising use by teen...
21:14, 09/11/2019

H/2 close to rescuing bulk of Four Seasons care homes An American hedge fund is in advanced talks to buy the bulk of Britain’s second-largest care home operator, paving the way for a two-stage resc...
21:14, 09/11/2019

Rebel investors 'have a point', admits Sports Direct boss Mike Ashley Sports Direct's owner Mike Ashley has been re-elected to the board but admitted dissenting shareholders who voted against him "had a point", given th...
21:14, 09/11/2019

KPMG nabs $24.5M in contracts for Marine Corps audit prep Three contracts totaling $24.5 million were awarded to KPMG for U.S. Marine Corps audit support, the Pentagon said, to focus on "Acquire to Retire," ...
20:28, 09/11/2019

Marines complete 10-day attack simulation exercise The U.S. Marine Corps announced a successful naval exercise in the Philippine and East China seas and in Okinawa, Japan, on Wednesday, which included...
20:28, 09/11/2019

Poland approved by State Dept. for $6.5B buy of F-35As A potential $6.5 billion deal that could bring up to 32 F-35A Lightning II fighter planes, engines and related equipment to Poland's military was app...
20:28, 09/11/2019

|TrumptweetsFed'boneheads'shouldcutrates'downtozeroorless’ The US president has urged the Federal Reserve to lower interest rates to a level typically reserved for recessions or periods of persistently weak g...
19:14, 09/11/2019

|WATCH:WhatdoesprorogationmeanforBrexit? Boris Johnson has sent MPs packing by suspending Parliament for five weeks in a controversial move as the Brexit deadline looms large. We take a look...
19:14, 09/11/2019

|Zimbabweestablishesmonetarypolicycommitteeinstabilitybid The committee is a step toward setting a benchmark interest rate and introducing inflation targeting as Zimbabwe’s newly introduced currency plunges....
19:14, 09/11/2019

|SAconcludestradedealwithUKincaseofno-dealBrexit Minister of Trade and Industry, Ebrahim Patel, says SA and five other countries in the southern African region have clinched a deal that would ensure...
19:14, 09/11/2019

|ConsolidationplanforSAA,SAExpressandMangotobesubmittedtoCabinetnextweek A proposal for the consolidation of the three state-owned airlines is expected to be submitted to Cabinet next week, a representative of the Departme...
19:14, 09/11/2019

|GroupFivecreditorschoosebusinessrescueoverliquidation The majority of creditors of construction and engineering company Group Five, have voted in favour of the business rescue plan proposed by practition...
19:14, 09/11/2019

Trump Calls for Fed’s ‘Boneheads’ to Slash Interest Rates Below Zero President Trump urged Fed Chair Jerome H. Powell to cut borrowing costs below zero in Twitter posts hours before a key European Central Bank meeting....
19:14, 09/11/2019

California Bill Makes App-Based Companies Treat Workers as Employees Legislation near final approval would affect drivers for ride-hailing services, food-delivery couriers, janitors and others now viewed as contractors...
19:14, 09/11/2019

LSE: A story of failed mega mergers Hong Kong Exchanges and Clearing made an unsolicited $39 billion takeover bid for the London Stock Exchange , an offer contingent on the LSE ditchin...
18:28, 09/11/2019

Factbox: How the LSE and HKEX stack up Hong Kong Exchanges and Clearing (HKEX) has made an unsolicited $39 billion takeover approach for the London Stock Exchange (LSE), with any offer c...
18:28, 09/11/2019

Europe orders urgent Airbus helicopter checks after Norway crash European regulators have ordered immediate checks on recently delivered versions of some Airbus helicopters after a crash in Arctic Norway last month...
18:28, 09/11/2019

OPEC cuts 2020 oil demand forecast, urges effort to avert new glut OPEC on Wednesday cut its forecast for growth in world oil demand in 2020 due to an economic slowdown, an outlook the producer group said highlighted...
18:28, 09/11/2019

U.S. producer prices rise; Fed still seen cutting interest rates U.S. producer prices unexpectedly rose in August and underlying producer inflation rebounded, but the data on Wednesday did not change financial mark...
18:28, 09/11/2019

Trade optimism, Apple push Wall Street slightly higher U.S. stocks rose slightly on Wednesday as China's move to ease trade tensions with the United States soothed investor nerves, while shares of Apple g...
18:28, 09/11/2019

China exempts some U.S. goods from retaliatory tariffs as fresh talks loom China announced its first batch of tariff exemptions for 16 types of U.S. products, days ahead of a planned meeting between trade negotiators from th...
18:28, 09/11/2019

As trade war pinches China, it opens doors wide for foreign money As the Sino-U.S. trade war drags on, Beijing is throwing its door wide open to foreign investors as concerns grow over declining exports, capital fli...
18:28, 09/11/2019

Mexico sees diminished threat of U.S. tariffs after effort to curb migration Mexican President Andres Manuel Lopez Obrador said on Wednesday the U.S. threat of tariffs on Mexican goods has lessened, after his top envoy met U.S...
18:28, 09/11/2019

UK finance ministry to scrutinize Hong Kong Exchange $39 billion bid for LSE Britain's finance ministry has said it will scrutinize Hong Kong Exchanges and Clearing's attempted takeover of the London Stock Exchange, after the ...
18:28, 09/11/2019

Stocks climb on trade hopes, bond yields rise ahead of ECB A gauge of global equity markets climbed on Wednesday, encouraged by signs of a thaw in the trade war between the U.S. and China, while bond yields r...
18:28, 09/11/2019

Hong Kong Exchange makes surprise $39 billion offer for Britain's LSE Hong Kong Exchanges and Clearing made a surprise $39 billion takeover approach for the London Stock Exchange on Wednesday, aiming to sabotage the L...
18:28, 09/11/2019

Explainer: How does negative rate policy work? U.S. President Donald Trump has suggested that the U.S. Federal Reserve drive interest rates into negative territory. He says his motivation was to r...
18:28, 09/11/2019

Trump reverses course, seeks negative rates from Fed 'boneheads' U.S. President Donald Trump on Wednesday called on the "boneheads" at the Federal Reserve to push interest rates down into negative territory, a mov...
18:28, 09/11/2019

Saudi Aramco gives nine banks top roles on world's biggest IPO: sources Saudi Aramco has hired nine banks as joint global coordinators to lead its planned initial public offering (IPO), slated to be the world's largest, t...
18:28, 09/11/2019

California Senate passes ride-hail bill that has divided Democrats over the future of Uber and Lyft drivers Former Obama officials have gone to work for Uber and Lyft. With a new ride-hail bill, they're pitted against presidential candidates and fresh faces...
18:00, 09/11/2019

The new ‘Joker’ movie offers a provocative punch: A comic-book movie about a mass shooter Nearly a month before release, Joker is becoming the most discussed -- and controversial -- movie of the fall after its Toronto International Film Fe...
18:00, 09/11/2019

Sensex Ends 125 Points Higher, Nifty Rises For 5th Day: Highlights Share market updates: Sharp gains in automobile shares pushed the markets higher, however selling in information technology counters limited the upsi...
17:42, 09/11/2019

Yes Bank Shares Jump 19% After CEO Says Lender Near Deal To Sell Stake Yes Bank shares today: On the NSE, shares opened higher at Rs 66 apiece and rose to as much as Rs 75.45 apiece, marking an increase of 19.57 per cent...
17:42, 09/11/2019

India China Row Holds Up Deal Covering A Third of Global Trade Covering nearly half of the globe's population, the Regional Comprehensive Economic Partnership was proclaimed "the world's biggest regional free tra...
17:42, 09/11/2019

Indian AI Content Start-Up Gets $ 45 Million From Peter Thiel's Mithril Mithril Capital, co-founded by Silicon Valley investors Thiel and Ajay Royan, is putting in the money as part of a larger financing round, according ...
17:42, 09/11/2019

Workers Hit Hard By Ashok Leyland's Shutdown Ashok Leyland's combined sale declined by 50 per cent in August with a total sale of 8,296 vehicles against 16,628 vehicles sold in August last year....
17:42, 09/11/2019

Hong Kong Exchanges Propose $39 Billion London Stock Exchange Takeover "The board of HKEX believes a proposed combination with LSEG represents a highly compelling strategic opportunity to create a global market infrastru...
17:42, 09/11/2019

How To Upload Driving Licence In Your DigiLocker Account DigiLocker, a cloud-based government platform, has partnered with the Ministry of Road Transport and Highways for making available digital driving li...
17:42, 09/11/2019

Government In Talks With States On Auto Sector GST: Nitin Gadkari the country's automobile industry, which has been heavily dented by the consumption slowdown, has been demanding a reduction in GST from 28 to 18 per...
17:42, 09/11/2019

Trump Again Mulls Capital Gains Tax Cuts President Trump is planning to meet with his economic advisers on Wednesday to discuss whether his administration should lower capital-gains taxes by...
16:42, 09/11/2019

Charts show gold, bond prices are nearing peak levels, Jim Cramer says U.S. Treasury bond and gold prices are up dramatically and analyst Carley Garner contends it's time for them to come back down, Jim Cramer says....
16:42, 09/11/2019

5 things to know before the stock market opens Wednesday Little movement in the S&P 500 over the past two sessions "really does obscure a lot of drama under the surface," according to CNBC's Mike Santo...
16:42, 09/11/2019

Apple didn't release its rumored smartwatch sleep-tracking app. Don't lose sleep over that Apple introduced new iPhones, a new iPad and its new streaming TV service on Tuesday, but a rumored smartwatch sleep-tracking app was not part of the...
16:42, 09/11/2019

Airbus wants to track everything passengers do on an airplane—including bathroom use Airbus is testing connected aircraft that would monitor everything from the use of its lavatories, how much food is consumed and how many bags are in...
16:42, 09/11/2019

It just got very hard for Amazon's online pharmacy to access patient medication data Surescripts manages about 80% of electronic prescriptions in the United States, and it's canceled a deal that Amazon's PillPack needed for ...
16:42, 09/11/2019

Think your credit card is safe in your wallet? Think again. There’s a roaring trade in stolen credit cards on major platforms as well as the dark Web. If you’ve ever swiped a credit card at a gas station that ...
16:14, 09/11/2019

Social Security Expansion Being Debated Would Raise Payroll Taxes House Democrats are debating whether to advance a significant expansion of Social Security that would extend the program’s solvency and increase bene...
15:28, 09/11/2019

Trump Says Fed Should Reduce Rates to 'Zero, or Less' President Trump renewed his call for lower interest rates and his criticism of the Federal Reserve Wednesday, saying on Twitter that the Fed should r...
15:28, 09/11/2019

Why WeWork Is Struggling to Sell Its Story to New Investors WeWork’s parent, We Co., has raised billions of dollars from private investors, including SoftBank Group Corp. at a $47 billion valuation. The shared...
15:28, 09/11/2019

The Future of Capitalism Capitalism creates prosperity. By channeling energies into production and innovation, it has enabled billions of ordinary people to live better than ...
15:28, 09/11/2019

Never Mind Yield Curves. What’s Negative Convexity? Analysts and traders are blaming a highly technical, though increasingly familiar, culprit for dramatic plunges in U.S. Treasury interest rates. The ...
15:28, 09/11/2019

New iPhone 11 Pro: Three lenses are better than two. But it’ll cost you $1,000. The $1,000 iPhone 11 Pro and the $1,100 iPhone 11 Pro Max are the same size as the iPhone XS and iPhone XS MAX. But they come with three back lenses....
15:28, 09/11/2019

California Senate passes ride-share bill that has divided Democrats over the future of Uber and Lyft drivers Former Obama officials have gone to work for Uber and Lyft. With a new rideshare bill, they're pitted against presidential candidates and fresh faces...
15:28, 09/11/2019

In era of mass murder, Warner Bros.' ‘Joker’ will probably be too much for many Nearly a month before release, Joker is becoming the most discussed -- and controversial -- movie of the fall after its Toronto International Film Fe...
15:28, 09/11/2019

|‘Overwhelming’majorityofNaspersshareholderstooptforProsusshares It looks like most Naspers shareholders will take the immediate capital gains tax hit and opt for Prosus shares instead of getting more Naspers share...
14:15, 09/11/2019

|MarketsLIVE:StocksclimbwithoilamidChina-tradespeculation Stocks advanced in Europe and Asia while US index futures drifted after more signs emerged that China will move to lessen the trade war’s repercussio...
14:15, 09/11/2019

|‘Shakethebaobabtree!’TitotakesTwitterbreakaftercrypticpeptalk Finance Minister Tito Mboweni took to Twitter on Tuesday night with brief motivational words to his followers before announcing, around midnight, tha...
14:15, 09/11/2019

|SouthAfricanconfidenceatlowestsince1980sdisinvestment South African business confidence slumped to the lowest level since disinvestment from the country over its apartheid policies started gaining moment...
14:15, 09/11/2019

N.J. Governor Pressures Gun Industry to Tighten Controls New Jersey Gov. Phil Murphy, a Democrat, said the state may end business relationships with retailers and makers of guns if they don’t adopt measures...
12:56, 09/11/2019

Number of Uninsured Americans Rises for First Time in Decade The number of Americans without health insurance climbed in 2018, according to federal data, largely thanks to a decline in coverage under public hea...
12:56, 09/11/2019

Women's Share of Board Seats Rises to 20% One-fifth of board seats at the Russell 3000 index of public companies were held by women in the second quarter, up from 19% in the previous quarter ...
12:56, 09/11/2019

Unpaid parking fines fuel increase in debt collector referrals Unpaid parking fines and council tax arrears made up almost all of the 2.6 million debts referred to bailiffs by councils in England and Wales in 201...
12:56, 09/11/2019

China Lifts Some U.S. Tariffs in Modest Olive Branch to Trump Products exempted include cancer drugs, lubricants and pesticides but don’t include major agricultural products that Washington sees as key to a deal...
10:14, 09/11/2019

California Passes Landmark Bill to Remake Gig Economy With the bill’s passage, California’s ride-hailing drivers, food-delivery couriers, janitors and others are set to be reclassified as employees and n...
10:14, 09/11/2019

American Businesses Say China's Slowdown Is a Greater Threat Than the Trade War U.S. companies are downshifting in China as its economy slows and trade tensions with the U.S. persist, according to a new survey that highlights sof...
06:56, 09/11/2019

Apple Undercuts Rivals With Streaming Price Apple revealed a trio of upgraded iPhones, including a lower-priced model, and detailed its plans to enter the increasingly competitive video-streami...
06:56, 09/11/2019

Tech’s New Monopolies Technology superstars Facebook, Google, Amazon and Apple are in the crosshairs of U.S. and European Union regulators who are zeroing in on the downsi...
05:56, 09/11/2019

Why China’s Rushing to Mint Its Own Digital Currency The People’s Bank of China is poised to become the first major central bank to issue a digital version of its currency, the yuan, seeking to keep up ...
05:56, 09/11/2019