Markets

Elon Musk mocks SEC just days after Tesla settlement - Roadshow

The SEC filed a lawsuit on September 27 charging fraud and seeking to bar Musk from serving as an executive at any public company. "I have lost 30 years o...


Has Theresa May promised to end austerity?

To standing ovations, cheers and laughter, Johnson, May's most powerful critic in her governing party, said her so-called Chequers plan to leave the European ...


Canada dairy farmers unhappy after meeting Trudeau on trade deal

The appropriately named the United States-Mexico-Canada Agreement, or USMCA , may impact industries here in north Alabama if approved by all three countries le...


Toyota recalls 2.4 million hybrid cars over stall fault

The carmaker is recalling 2.43 million of its hybrid vehicles worldwide, including 1.25 million in Japan, 807,000 in the U.S., 290,000 in Europe and 3,000 in Ch...


Tesla shares fall after Elon Musk mocks SEC on Twitter

However, the next day, Tesla's attorneys were back at the SEC requesting them for a second chance, this time with Musk's "grudging approval", the paper said . ...


'We will not stand down,' VP Pence warns China

Amid unprecedented tensions between the two nations, Pence accused China of trying, among other things, to influence the midterm elections to the extent that ...


Trump hails new trilateral trade deal with Canada, Mexico

Foreign Affairs Minister Chrystia Freeland says Canadian dairy farmers will be compensated for losses under a new trade deal negotiated by Canada , the U...


Apple denies explosive report of Chinese hacking on its servers

China's Ministry of Foreign Affairs said the country is a "resolute defender of cybersecurity", and while "supply chain safety in cyberspace is an issue of com...


Petrol, diesel cheaper by Rs 5 in Maharashtra and Gujarat

He added that there would be tax cuts in Kerala, only if fuel prices are brought down to the level when the Narendra Modi government assumed office in May 201...


Rupee plunges to fresh record low of 73.77 against dollar

Traders were concerned that a rise in U.S. interest rates and expensive oil could lead to fiscal slippage, increase inflationary pressures and raise the chanc...


Kudlow: Trump's US-Mexico-Canada Trade Agreement 'Sends a Message to China'

Morneau said in his earlier speech that Canada is looking to create tourism, education and financial-service opportunities with countries such as China as i...


Saudi Arabia won't last without USA support

Oil prices have risen in recent weeks ahead of U.S. sanctions on Iran - set to be imposed early next month. "Iran is the main supportive factor and is a test ...


Oil prices record sharply gains after OPEC meeting

Meanwhile, the US West Texas Intermediate (WTI) crude futures were also up by USD$1.66, or 2.3 percent, putting a hefty USD$74.91 per barrel price - the compa...


Tesco launches Jack's Shop Smart mobile app for discount store launch

Tesco says in the nest six months it will launch between 10 and 15 stores around the UK. When asked by BBC reporter Emma Simpson if Jack's will be cheaper tha...


Amazon raises minimum wage to $15 for all US workers

Amazon said in a press release Tuesday that more than 250,000 of its half a million workers would benefit from the wage increase, which would take effect in No...


Elon Musk to step down as Tesla chairman

Now the SEC problem is out of the way, Tesla and Musk still have to face off against two more legal obstacles. Some have argued Musk should even give up the ...


Amazon increases its minimum wage to $15

Bezos is the world's richest man by a large margin-he is worth around $165 billion, according to the Bloomberg Billionaires Index-but previous year Amazon's med...


Trump says USMCA doesn’t lift steel, aluminum tariffs

The so-called U.S. -Mexico-Canada Agreement , or USMCA, still needs to be approved by Congress and the legislatures of Canada and Mexico before it's implemen...


Trade deal returns U.S. to ‘manufacturing powerhouse’

Officials said they wanted it signed before the new Mexican president, left-wing populist Andrés Manuel López Obrador, took office in case he sought changes. Th...


Facebook Scrambles to Provide Breach Info to Regulators

For the owners of the affected accounts, and of another 40 million that Facebook considered at risk, the first order of business may be a simple one: sign b...


GE ousts John Flannery as CEO after 14 months

The Boston-based company's shares closed at $11.29 on Friday, with a total market capitalization of about $98 billion. GE also announced its cash-flow and ear...


Jerry Brown net neutrality law sparks lawsuit from feds

The FCC has said instead that other agencies, such as the Federal Trade Commission, should take a more active role in protecting the public from violations ...


Tesla's SEC deal provides ammunition for USA probe, investor lawsuits

The surrender spared Mr Musk from potentially being ousted from Tesla , a prospect that had rattled investors and sent the company's shares sharply down at the...


Tesla Shares Jump; Elon Musk Says Company Close To Achieving Profit

Shares of Tesla Inc ( TSLA .O) jumped almost 16 percent on Monday after Chief Executive Elon Musk settled with the U.S. Securities and Exchange Commission ...


Canada agrees to new trilateral trade deal with USA and Mexico

After weeks of hunkering down in Washington , Freeland and David MacNaughton, Canada's ambassador to the US, had spent the day in Ottawa taking part in an ag...