IMF Raises Russia's GDP Growth Forecast to 1.8% in 2019

The IMF chief economist said emerging economies were coping better than the developed ones, but their susceptibility to large global shocks has risen. In September, Trump imposed tariffs on almost $200 billion of Chinese imports, with China respond... More..

by | Published more than a month ago
Facebook friend request message a hoax, but good reminder about privacy
by | Tuesday, October 09, 2018

Facebook friend request message a hoax, but good reminder about privacy

The latest hoax to circulate on Facebook is causing concern and confusion among many users , and even prompted a warning from officials. Has my account been duped or cloned and is someone sending invites to my...More..

Musk is at it again, and is now baiting the SEC directly
by | Sunday, October 07, 2018

Musk is at it again, and is now baiting the SEC directly

Musk's tweet came the same day that Judge Alison Nathan , a US District Court judge in NY, requested a joint letter explaining why she should approve the tentative settlement deal between Musk and the Se...More..

India's currency falls to all-time low against USA dollar
by | Friday, October 05, 2018

India's currency falls to all-time low against USA dollar

Mr Khoon Goh, head of Asia research at ANZ Banking Group in Singapore, said the mix of strong U.S. data and the Fed chair's comments bumped up the dollar and USA bond yields, putting downward pressure on Asian ...More..

by | Tuesday, October 02, 2018

Amazon raising minimum wage to $15 for all USA employees

Amazon.com Inc said on Tuesday it is raising its minimum wage to $15 per hour for all U.S. employees including full-time, part-time, temporary and seasonal employees, starting 1 Novenber. And Walmart, the count...More..

Tweet storm: Musk quits as chairman over false claims
by | Monday, October 01, 2018

Tweet storm: Musk quits as chairman over false claims

Musk's tweet about taking his company private, along with attacks on critics on social media, raised concerns with investors about whether Musk has become too focused on criticism from so-called short-sellers w...More..

Instagram founders turn their backs on Facebook and walk away
by | Wednesday, September 26, 2018

Instagram founders turn their backs on Facebook and walk away

Instagram's two cofounders, Kevin Systrom and Mike Krieger, are leaving the company , they said in a statement on Monday night. Purchased by Facebook in 2012, Instagram's ad business has been on the upsw...More..

Uncertainty Over Lost Production from Iran Sanctions Still Driving Upside Momentum
by | Tuesday, September 25, 2018

Uncertainty Over Lost Production from Iran Sanctions Still Driving Upside Momentum

Iran, OPEC's third-largest producer, has accused Trump of orchestrating the oil price rally by imposing sanctions on Tehran and accused its regional arch-rival Saudi Arabia of bowing to USA pressure. United S...More..

Jet Airways flight makes emergency landing as 30 passengers suffer bleeding
by | Monday, September 24, 2018

Jet Airways flight makes emergency landing as 30 passengers suffer bleeding

The carrier said it has taken the cockpit crew off duty pending an investigation into the incident. The civil aviation ministry has taken note of the situation and has requested the aviation regulator DGCA ...More..

Trump crushes Iran oil exports ahead of sanctions
by | Saturday, September 22, 2018

Trump crushes Iran oil exports ahead of sanctions

According to reports, Iran's crude exports are already falling as the US prepares to curb Tehran's ability to sell oil and participate in global financial markets. The EIA projects that OPEC net oil export re...More..

Raab sees no alternative to Irish border plan - Spiegel
by | Tuesday, September 18, 2018

Raab sees no alternative to Irish border plan - Spiegel

The IMF said there was a "daunting" range of issues still to be dealt with before Brexit . Despite strong opposition in her Conservative party and criticism in Brussels, May has stuck by the so-called Cheque...More..

Stocks tumble as markets brace for Trump's next round of tariffs
by | Tuesday, September 18, 2018

Stocks tumble as markets brace for Trump's next round of tariffs

President Donald Trump , to the alarm of United States trading partners, has kept his course of aggressive trade policy, imposing punitive tariffs on countries he accuses of cheating American workers. The Ch...More..

by | Monday, September 17, 2018

Salesforce co-founder and wife buy Time magazine

Months after Meredith Corporation bought Time Inc. with help from the Koch brothers in November 2017, the flagship title Time found its future in doubt once again when it was put up for sale. Benioff, who...More..

Australians warned to cut strawberries after sewing needles found in fruit
by | Monday, September 17, 2018

Australians warned to cut strawberries after sewing needles found in fruit

The individual ultimately received medical care, the Facebook post said. Dr Young said she was particularly anxious about those who may have frozen the strawberries for use later and may not still have the ...More..

NAFTA:
by | Friday, September 14, 2018

NAFTA: "store supply management, " said Teamsters Canada

Canadian Foreign Minister Chrystia Freeland said late on Wednesday that talks were at "a very intense moment" but said there was "a lot of good will" between Canadian and US negotiators. Over the weekend, neg...More..

Jeff Bezos, Amazon founder, launches $2 billion charitable fund to fight poverty
by | Friday, September 14, 2018

Jeff Bezos, Amazon founder, launches $2 billion charitable fund to fight poverty

We'll use the same set of principles that have driven Amazon. His comments came as USA regulators opened hearings on whether to revamp anti-trust enforcement to consider the dominance of digital giants such a...More..

Increasing Continuously Fuel prices reach new high
by | Tuesday, September 11, 2018

Increasing Continuously Fuel prices reach new high

In Parbhani , a city located in eastern Maharashtra. Since May 2014 , the excise duty on petrol has seen a skyrocketing increase of 211%, while the duty on diesel has seen an increase of 443%. With the title...More..

Alibaba founder Jack Ma to retire
by | Monday, September 10, 2018

Alibaba founder Jack Ma to retire

Ma will continue as executive chairman of the company over the next 12 months to ensure a smooth transition. The group has the ability to nominate the majority of directors on the company's board. In fact, si...More..

Elon Musk Smokes Weed, Drops Science, Triggers Drop in Tesla Stock Price
by | Monday, September 10, 2018

Elon Musk Smokes Weed, Drops Science, Triggers Drop in Tesla Stock Price

In a Friday morning SEC filing , Tesla revealed that Chief Accounting Officer Dave Morton is resigning less than a month after taking the job, citing the company's fast pace and "the level of public attent...More..

British Airways apologises after 380,000 customers hit in cyber attack
by | Monday, September 10, 2018

British Airways apologises after 380,000 customers hit in cyber attack

British Airways contacted affected customers as soon as it found out data from its website and mobile app had been breached, its boss said on Friday. The hack was not discovered until September 5 and has now b...More..