Money

International Monetary Fund chief defends rate hikes after Trump slams 'crazy' Fed

The IMF said in an update to its World Economic Outlook it was now predicting 3.7 percent global growth in both 2018 and 2019, down from its July forecast of ...


UK Govt brushes off Brexit threat by N. Irish allies

The British government and leading politicians in Northern Ireland insist they will not agree to a withdrawal treaty that foresees the possibility of Northern...


Donald Trump says Fed has 'gone crazy' after Dow Industrial Average tumbles

Donald Trump's use of the word correction to describe the sell-off could be significant. He frequently celebrates publicly when the stock market reaches new hig...


Ikea to launch e-commerce operations in India by March 2019

With the IKEA store, we will contribute to a better everyday life for all Bengalureans with well designed, functional home-furnishing solution. " Bengaluru i...


Musk denies report James Murdoch poised to be Tesla chairperson

From the FT: " Tesla directors, including Mr Murdoch, issued a ringing endorsement of Mr Musk after he first rejected a settlement of the SEC fraud charges...


Losses on Wall Street ripple through Asia; stocks slump

The Shanghai Composite index plunged 5.2 per cent to its lowest level since November 2014 and Japan's Nikkei 225 fell by an unusually wide margin of nearly 4 pe...


Dow Jones industrials sink 700 points as bond yields rise

Although the losses were widespread, stocks that have been the biggest winners on the market, including technology companies and retailers, suffered steep decli...


The future looks uncertain for Preston's Patisserie Valerie after suspected fraud

It relates to £1.14 million owed to HMRC and was filed at the High Court of Justice, Companies Court. The company's finance chief Chris Marsh has been suspend...


'The Fed has gone crazy' with interest rate hikes

He has frequently criticized the United States central bank for gradually raising interest rates, and on Wednesday reiterated his position: "I really disagree w...


Indonesia’s Bali hit by 6.0 natural disaster

Some guests at a hotel in Nusa Dua, south of Bali's main global airport, briefly fled outside after the strong tremor shook the building. This video from Wina...


Trump and China headed for a double-barrelled war

Trump has frequently criticised China for his belief that Beijing is artificially weakening its currency to make Chinese exports more competitive, something he...


Trump and China headed for a double-barrelled war

Trump has frequently criticised China for his belief that Beijing is artificially weakening its currency to make Chinese exports more competitive, something he...


Google confirms it's appealing record €4.3bn EC mega-fine

The European Commission in its July decision said Google had abused its market dominance since 2011. The bloc's competition commissioner, Margrethe Vestager, sa...


Wall Street tumbles as investors take the knife to tech companies

USA stocks notched solid gains in the third quarter as investors brushed aside worries about trade wars and focused on strong corporate earnings and solid U.S. ...


Trump Criticizes Central Bank for Raising Rates

I think the Fed has gone insane". They include the USA trade war with China and the potential impact on global growth while rising bond yields have diverted a...


Dow plunges more than 800 points as tech stocks take beating

On Friday, federal data showed that the US jobless rate fell to 3.7 percent in September, it's lowest point since 1969. The Dow Jones Industrial Average has...


Stock prices plummet amid tech selloff, rising interest rates

The Dow Jones Industrial Average fell 109 points, or 0.4%, to 26322 shortly after the opening bell. Stocks are extending their slump on Wall Street , led b...


I don't like Fed raising interest rates so quickly, says Trump

With Trump's statements comes some confusion from onlookers, given that the US Federal Reserve is mandated by Congress to target low inflation and keeping une...


US, China trade war could dent economic growth

The IMF also cut its outlook for China as a result of the tariffs, shaving its projection for growth next year to 6.2 per cent, down 0.2 point from three months...


Google Pixel Slate review

The Pixel 3 XL is a flagship phone, though, with flagship pricing. And we don't have to wait too long for full retail availability either - you can go into sto...


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