Money

Alphabet 2Q earnings: Here’s what to expect

Net income was $8.3bn, up 32 per cent year on year, or $3.2bn after the fine is taken into account, down nine per cent. In a call with analysts to discuss Al...


Tesla pushes suppliers to return payments

The remainder of our discussions with suppliers are entirely focused on future parts price and design or process changes that will help us lower fundamental cos...


GST slashed: Sanitary pads, footwear, small TVs among 100 items impacted

Sanitary napkins are taxed 12 percent tax under the one-year old GST regime, which attracted serious criticism from various quarters. In a bid to woo the m...


Old anti-Obama tweets go viral after Trump threatens Iran

In Washington, U.S. officials told Reuters that the Trump administration has more recently launched an offensive of speeches and online communications meant...


Tesla Asks Suppliers for Cash Back in a Bid to Achieve Profitability

Telsa took another financial hit on Monday, with shares in the company dropping nearly 5% after the electric automaker was reported to have asked some U.S. El...


Trump is threatening to put a tariff on every Chinese good

Even without the trade dispute, the currency would be weakening because China's economy has weakened and the perceived risks within the economy have risen. Tr...


Oil falls for a third week on global trade worries

Holding production steady would mean shipping less crude than Saudi Arabia indicated after the OPEC deal. Saudi Arabia also cut last week its official selli...


No victor, so Mega Millions jackpot nears $500 million

If there is a victor, they have a cash option worth $296 million. Forty-seven people matched four white balls and the Mega Ball and won $10,000. In all, three M...


Ritz Cracker Products recalled due to possible salmonella contamination

The products contain whey protein, and the company that manufactures the protein announced its own recall due to the possible presence of salmonella . Two fl...


Trump may slap tariffs on all $505 bn of Chinese imports

A toughness of attitude would prevail", Trump said. "We've been ripped off by China for a long time", he added. In the full interview released today, Trum...


Chaos for passengers as BA flight makes emergency landing at Gatwick

British Airways passengers faced "chaos" at Heathrow Terminal 5 on Wednesday as an IT failure brought long queues at check-in desks and flight cancellations, wi...


Two Uncle Ben's rice products recalled over Salmonella concerns

There have been no reported illnesses and the recall was prompted due to a recall in another country. No illnesses have been reported in connection with the r...


Germany forces 1050 Tesla owners to forgo electric vehicle bonus

About 800 Tesla Model S owners who bought their vehicle in March must pay back 4,000 euros (about $4,650) of an electric vehicle subsidy, according to Reuters ...


Tesla's Shares Slip Over Fears of Increase in Model 3 Cancellations

Orders for Model 3 last week came several weeks after Tesla invited all reservation holders in the United States and Canada to order the electric sedan that...


Ryanair strike to affect 50000 passengers, including Dutch

In a statement, it said it was "engaged in extensive negotiations with national cabin crew unions across Europe". Ryanair said the union had yet to respond ...


Brexit: no 'divorce' payment without trade deal, says Dominic Raab

Barnier again warned, however, that without an agreement on the Irish border there will be no Brexit divorce agreement and no transition period. In a speec...


Trump blasts China, EU for keeping currencies low

In excerpts of an interview with USA television network CNBC aired Thursday, Trump said a strong dollar "puts us at a disadvantage", adding that the Chinese...


Four day work week: Surprising results from NZ company’s trial

Time spent in the office is much easier to measure than productivity, which is why workers have historically been paid in accordance to the times they check in ...


Mondelēz launch Dairy Milk with 30% less sugar

Cadbury will sell the new version alongside the normal one for the same price, now 60p for the standard 45g bar. A reduced sugar version of the Cadbury Dair...


‘An Almond Doesn’t Lactate’: FDA To Crack Down On Soy, Almond ‘Milk’

Gottlieb admitted that the agency hadn't been doing a thorough job of enforcing what companies label as " milk " and also that the FDA expects someone to file a...


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