Money

Will Angela Merkel's departure leave liberal democracy leaderless?

Regardless of how history will view her, in political terms, Merkel miscalculated - the anti-immigration backlash was stronger than she thought, straining her g...


Ryanair's baggage policy changes today

What has the policy been up until now? "Up to 50 per cent of customers will continue to bring two free carry-on bags as they travel on Priority Boarding and ...


Volkswagen EV Plays Big Role In Ride-Hailing Service

As per the norms of the deal, Mobileye will provide the self-driving technology, Volkswagen will supply a fleet of electric cars, and Israel's second largest ...


GE slashes dividend to a penny, splits Power business

Culp, who was appointed in a surprise announcement October 1, also unveiled the first steps of his turnaround plan, with a major dividend cut - to a penny per...


Reese's lets people trade gross Halloween candy for peanut butter cups

The machine will only be available in New York City for five hours on Halloween night. The ever-popular Reese's Peanut Butter Cup is a prime example, but news...


India jumps 23 places to 77th in ease of doing business ranking

Briefing reporters in New Delhi , Finance Minister Arun Jaitley said, Prime Minister Narendra Modi had set the aim of reaching top 50 of the rankings and...


Facebook shares fall after it slightly misses user, revenue estimates

Facebook had 2.27 billion monthly users at the end of the quarter, below the 2.29 billion analysts were expecting. As investors digested the earnings and gui...


Cuadrilla halts fracking in Lancashire after further tremor detected underground

Cuadrilla said the well's integrity has been checked. From 0.0 to 0.5, "injection proceeds with caution, possibly at reduced rates", guidance states. For the ...


Turkey to unveil giant new Istanbul airport

Industry body IATA repeatedly warns that airports around the world will struggle to deal with this expansion, urging governments to make the necessary investmen...


Urjit Patel considering resigning as RBI governor after rift with govt

Delivering the AD Shroff memorial lecture last week here, Acharya said governments that did not respect their central banks' independence would sooner or late...


US limits tech exports to Chinese firm on security grounds

ZTE was nearly sunk by the ban, until Trump dramatically reversed course . However, that production "threatens the long term economic viability of United Sta...


Trump Predicts a "Great Deal" With China as Bilateral Trade Row Persists

The moves, which the USA says are a response to alleged intellectual property theft by China , have prompted widespread concerns in the business community. Oct...


United Kingdom gov introduces Digital Services Tax aimed at Amazon, Facebook and Google

Hammond said during the budget: "A new global agreement is the best long-term solution". We are not preparing for another general election. What we are prepari...


Masked gunman killed by Birmingham McDonald’s customer

The shooting took place at the McDonald's across from Princeton Hospital. He struck the shooter, who later died from his injuries. The father and son did not ha...


Tesla Faces Criminal Probe Over Model 3 Production Figures

Elon Musk has declared that his series of tweets over taking auto maker Tesla private, which resulted in an investigation by the USA stock market regulator, ...


Alcohol sales still growing in the face of cannabis legalization

Thomas Clarke, owner of THC Distribution in Portugal Cove-St Philip's, told the CBC , "I'm letting down a lot of people here and I was assured that if I paid ...


Indonesia says Lion Air passenger flight from Jakarta to Sumatra has crashed

Indonesia's Lion Air has confirmed it lost contact with a passenger airplane flying from Jakarta to Pangkal Pinang. The Lion Air 737 Max-8 went missing abo...


The UK government blocks Royal Mint cryptocurrency plan

The project would have been the first time a government of a developed economy had become directly involved with a crypto currency exchange, analysts and tr...


IBM close to acquiring Raleigh-based Red Hat

IBM further says , "Upon closing of the acquisition, Red Hat will join IBM's Hybrid Cloud team as a distinct unit, preserving the independence and neutrality o...


NY takes another tack in climate-change suit against Exxon Mobil

It is also seeking that the company correct "numerous misrepresentations" to investors. "Companies that downplay risk and rely on business-as-usual in the face ...


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