Markets

Amazon follows Apple to $1trn market value in tech share surge

Apple Inc. may have gotten there first, but Amazon.com's rapid ascent to a $1 trillion market value should put the iPhone maker on notice that its days as the ...


Amazon becomes second company to hit $1 trillion value

On Tuesday, Amazon became the second US company to reach a market value of $1 trillion. Amazon is the second publicly traded US company to hit $1 trillion, fo...


Fuel prices hit all-time high, petrol Rs 86.56 per litre in Mumbai

Rates have breached the previous high of ₹78.43 a litre hit on May 28. In Delhi, petrol stood at Rs 76.31 per litre on August 1. A litre of petrol in Mumbai c...


California looks to adopt Obama-style net neutrality rules

The law would be the strictest for internet providers in the United States, and put California at odds with the federal government . Governors of six state...


China Wants to Combat Nearsightedness With Fewer Game Approvals

Tencent Holdings Ltd.'s ( TCEHY ) share price closed down 4.87% in Hong Kong on Friday after China's education authority unveiled new proposals to limit vide...


Word on more China tariffs sends Asian stocks lower

Emerging market currencies showed needed signs of stability even as they were set to post their fifth straight month of losses in dollar terms. The embattled ...


PM May says Britain committed to free trade with Kenya after Brexit

The mini Africa tour is part of the PM's efforts to improve relationships with the continent ahead of Brexit . "The UK is no longer just training our own m...


Cboe to Launch Ethereum Futures Before the End of 2018

If this is true, it could mean a lot for Ethereum . As Cboe's bitcoin futures were based on the NY crypto-exchange run by Cameron and Tyler Winklevoss , i...


Google Is Allegedly Tracking The Offline Purchases of MasterCard Users

The "service", as Google calls it, applies only to those who are logged into their Google Accounts while browsing, which, considering the ubiquity of the compan...


Donald Trump Scraps Federal Employees' Planned Pay Raise, Calls It 'Inappropriate'

At the same time, Trump planned during a Friday appearance in Charlotte, North Carolina, to direct the Labor and Treasury departments to issue regulations creat...


Raab: Brexit deal to come in mid-October

The Prime Minister has repeatedly said she will refuse to contemplate any backstop deal that treats Northern Ireland differently from the rest of the UK. The ...


Indian economy grows at 2-year high of 8.2% in Q1

India is witnessing an expansion of the neo-middle class", Jaitley said in a series of tweets. The monsoon rains, critical for the summer-sown kharif crop, h...


Argentina hikes interest rate to 60 percent; peso plunges

Currency exchange values are displayed at an outlet in Buenos Aires, on August 29, 2018. The Argentine peso has lost more than 45 per cent of its value agai...


IPad lover Warren Buffett plows more money into Apple

According to its last regulatory filing, Buffett's firm had increased its stake in Apple to 252 million shares in the second quarter. Buffett said Apple can...


Ford won't sell Focus crossover in USA due to tariffs

Automotive News reports today that Ford has cancelled its plans to import the Focus Active to the U.S., and it's all due to the 25-percent import tariff impo...


Rupee hits lifetime low at 70.81, falls 22 paise against United States dollar

The Indian rupee collapsed to a fresh record low of 71 against the United States dollar for the first time ever by slipping 26 paise today, reported news ag...


As clock ticks, Canada and U.S seek ways to salvage NAFTA

The senior official repeated that the new trade agreement is not only better than the existing NAFTA deal, "but also far better than TPP". "The Canadians ...


WTO chief downplays Trump withdrawal threat

China is a thorn, per US Trade Representative Robert Lighthizer, who views China's 2001 entry into the body as a mistake . A U.S. withdrawal from the WTO wou...


India’s GDP grows at 8.2%, cements its position as fastest growing economy

A worker pushes a wheelbarrow to collect cement at a construction site of a residential building in Mumbai, India, August 31, 2018. Data released on Friday sh...


Trump cancels pay raises for federal employees, including 75,500 in Washington

Under federal law, federal employees get cost-of-living raises every new year - in addition to specific increases in high-cost cities called "locality pay" - un...


Coca-Cola expands into coffee with $5.1 billion deal for Britain’s Costa

Coca-Cola is acquiring the Costa coffee chain from owner Whitbread as it looks to move into the coffee market and shore up its business as sales of fizzy drin...


A Tesla gets airborne after hitting a railway crossing at ludicrous speed

A Barrie man is facing criminal charges after crashing his auto near a school parking lot. An investigation found the auto went airborne over railroad tracks ...


YouTube alternative Facebook Watch rolls out globally

Additionally, the company is rolling out its Ad Breaks service, which is created to allow companies to monetize their content, in a number of markets. Faceboo...


JetBlue Hikes Checked Baggage Fees, First Bag Hits $30

For decades, it was standard for airline passengers to be allowed two free checked bags on virtually any flight. Flying JetBlue may cost you more green. In ...


TPG And Vodafone Just Announced A Huge Merger

The merged group will be owned 49.9 per cent by TPG shareholders and 50.1 per cent by VHA shareholders: Vodafone and Hutchison Telecommunications Australia. The...