Money

Central Bankers Defend Fed After Trump Accuses It of ‘Going Loco’

Even chief Trump economic adviser Larry Kudlow, qualifying the president's opinion of Fed chair Jerome Powell's Fed, said he thought the central bank was "on ...


Crisis-hit Patisserie Valerie finance chief arrested by police

The company also successfully raised more than £15 million through the issue of new shares. It said: "The company has been made aware that Chris Marsh, who ...


Khashoggi's fiancee will only visit the White House if Trump investigates

The General Secretariat of the Organization of Islamic Cooperation (OIC) rejected any threats and attempts against Saudi Arabia or any member state of the organ...


United States treasury secretary wavers over Saudi trip after Khashoggi disappearance

However unlike iPhones, Apple watches do not have a fingerprint ID unlock function. It was not immediately clear whether it would have been technically feasib...


IEA cuts oil demand forecasts, but sees prices staying high

U.S. crude was down 3.6 per cent on the week, while Brent crude fell 4.1 per cent. Commenting on the report, "The weaker outlook has gotten a raised profile...


Government grant for plug-in hybrids scrapped

The UK is sunsetting emissions credits for plug-in hybrid electric vehicles, and reducing car grants for battery-electric vehicle car grants from £4,500 to £3...


Chinese stocks drop to four-year low

Hong Kong retail investors who trade callable bull/bear contracts actually made a profit overall. His comments came one day after China's minister for comm...


Woman speaks out after mom booted from flight over 'emotional support' squirrel

The flight in Orlando bound for Cleveland was delayed after Cindy Torok - who did indicate that she was travelling with an emotional support animal , but d...


German automobile giant BMW to spend $4.2 bn in China project

BMW fell 1.3 percent to 74.34 euros a share at 10:54 a.m.in Frankfurt trading, compared with a 1.8 decline in the Stoxx Europe 600 Automobiles & Parts Index ...


Have 19 hours? World's longest commercial flight takes off

Singapore Airlines is all set to recapture the crown for the world's longest nonstop commercial flight after its Flight SQ22 took off from Singapore , headi...


No Winning Mega Millions ticket, jackpot now $654 million

No tickets matched all five numbers and the mega number for Tuesday's jackpot worth $470 million. Friday's numbers were 4, 24, 46, 61, 70 and Mega Ball 7. Meg...


Oil Extends Losses As Other Markets Fall, Inventories Rise

Brent strikes a 4 Year high of $86.74, in the last week. The spread between WTI and WCS is further compounded by a global oil price rally, with Canadian produ...


Oil price extend losses as other markets fall, stockpiles climb

Brent crude settled up 17 cents a barrel at $80.43, after dropping 3.4 percent on Thursday. West Texas Intermediate (WTI) crude futures fell $1.76 to $71.41 ...


US Treasury secretary: Economy strong, stock drop a 'natural correction'

Fed officials including Powell, Trump's handpicked chair, have said pointedly that they will not be influenced by comments from elected officials, and will make...


Jetliner lands in United States after world's longest flight

The airline's revenue contribution from the Americas region is now at 14 percent, down from 20 percent in 2013 due to the loss of the non-stop flights, Corrine ...


Boston Dynamics’ Atlas robot learns parkour

Is it too much to ask that we get some eye candy from our soon to be apocalyptic overlords? The robot uses energy from its entire body - limbs and torso - to en...


Facebook downgrades breach count from 50 million to 30 million users

Facebook Inc said Friday attackers stole names and contact details of 29 million users in the mass security breach disclosed by the social media network la...


China’s Exports, Imports Grow, as Does Trade Surplus With US

China's vast export engine unexpectedly kicked into higher gear in September, producing a record trade surplus with the United States that could exacerbate th...


British PM May briefed inner cabinet 'Brexit deal close'

The Irish backstop measure, created to ensure no new border emerges between Ireland and Northern Ireland, is supposed to be temporary until a UK-EU trade deal...


China-US surplus hits record, adding fuel to trade war

An imbalance of trade is at the center of an increasing bitter dispute between the world's two biggest economies. President Trump added he could do a lot more...


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