Money

India cuts corporate tax in R300 billion boost to growth

The package, announced by finance minister Nirmala Sitharaman in Goa, is designed to rekindle growth in the Indian economy, create more jobs and kick-start an...


Saudis show journalists scene of oil industry attacks

Asked by CNN what Iran's response would be in the event of a military strike, Zarif said: "All-out war". "But I think the strong-person approach and the thi...


'Some progress made' as UAW-GM negotiations continue amid strike

General Motors said Friday that all vehicle production at the Oshawa plant has been halted. He said Oshawa workers are keenly aware of the struggle going on a...


U.S. vaping illnesses top 500, Missouri man is 8th death

According to the CDC's latest report, the agency has confirmed six deaths linked to lung disease associated with e-cigarettes, and a seventh death was report...


Saudi Aramco pursues IPO planning despite attack damage doubts

Saudi's cabinet said on Tuesday that it has now reviewed the impact of the attacks on Aramco installations, with the country's energy minister due to hold a new...


OECD cuts growth outlook to postcrisis low

In the May Economic outlook, growth had been seen at 3.2% in 2019 and 3.4% in 2020. -China trade dispute has pummelled global export demand, stifled manufacturi...


Britain slams attack on Saudi Arabian oil complexes

Benchmark Brent crude gained almost 20% in the first moments of trading Monday before settling down to over 8% higher as trading continued. But U.S. officials a...


United States backs Saudi 'right to defend itself,' Iran warns of 'all-out war'

The national security meeting is likely to be the first opportunity for a decision on how the United States should respond to the attack on a key Middle East ...


Apple says European Union tax order 'defies reality and common sense'

The European Commission's conclusion was delivered in August 2016 by Competition Commissioner Margrethe Vestager , a shock decision that put Europe at the fore...


India delivers surprise corporate tax cuts to boost economy

Finance Minister Nirmala Sitharaman announced a slew of measures on Friday to revive sagging investment in Asia's third-largest economy, including a cut in co...


Europe, Canada start recall of Zantac drug versions after carcinogen scare

Over-the-counter ranitidine is approved to prevent and relieve heartburn associated with acid ingestion and sour stomach. The Novartis decision to halt distri...


Apple embarks on European Union court battle over €13 billion tax bill

But that's not enough for EU Competition Commissioner Margrethe Vestager who said in a 2016 ruling that Apple's tax deals with Ireland allowed the company...


Malaysia condemns drone attacks against Aramco oil facilities in Saudi Arabia | Malaysia

British Foreign Secretary Dominic Raab said , "We will work with global partners to forge the widest and most effective response", with a statement from his ...


Fed injects $75B into market to prevent interest-rate spike

However, Trump has since repeatedly lambasted both Powell and the Fed for refusing to implement a more " aggressive " rate-cutting policy. Trump and Powell ha...


Despite a hot year for IPOs, WeWork's stock sale is delayed

In the weeks since WeWork has filed its S-1 document, institutional investors have torn into the offering and criticized WeWork's funhouse accounting, loose...


Period-tracking apps "sending users' medical data to Facebook"

Such information can be used by advertisers to create virtual personas of users so that they can be targeted more precisely for marketing campaigns. This could ...


Gold Medal flour recalled, may be contaminated with E. coli

The presence of E. coli was discovered during sampling of the five pound bag product, General Mills stated. To protect yourself, Rogers says, all flour you ...


Bundesbank chief Weidmann critical of new ECB stimulus

Although Draghi has done "whatever it takes" before he hands the mantle over to Christine Lagarde , it seems markets are disappointed with the ECB's actions. ...


Tesla's Model 3 joins Audi's E-Tron in claiming top safety award

Tesla's Model 3 has previously received a five-star safety rating from the NHTSA. All Model 3 electric cars come standard with an LED reflector headlight, wh...


Elon Musk Insists "Pedo Guy" Is A Common Insult In South Africa

Musk acknowledged in a most modern court docket filing: "I didn't intend to express any info or imply that Mr. Unsworth had engaged in acts of pedophilia". "It...


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