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Brazil's president Michel Temer scrambles to name new Petrobras CEO

Parente headed Petrobras from July 2016 and was tasked with restoring credibility and financial health to the huge company after it emerged from Brazil's bigges...

Italian anti-establishment leaders resurrect coalition

Conte, 53, will be officially sworn in as prime minister on Friday after Mattarella approved his Cabinet team made up of members of the Five Star, or M5S, and...

SoftBank to inject $2.25B in General Motors’ self-driving unit

In addition to the $2.25bn investment from SoftBank, GM will also invest $1.1bn of its own money in its self-driving company. The capital infusion is created to...

Prosper Gold Corp. (PGX) Jumps 4.76% on Jun 2

The Canadian dollar lost 0.31 cent to 0.7723 USA dollar. The biggest boost to the index was the 0.5 percent gain in shares of Suncor Energy Inc after it filed a...

US unemployment falls to nearly 1969 levels; hiring solid

It renewed fears about the economy overheating. The report was strong all around. "The strength of the labor market supports our forecast for the Fed to rai...

United States stocks rally on strong jobs data; Nasdaq up 1.5%

Depite U.S. President Donald Trump provoking global trade allies markets on Friday afternoon coasted along on a good jobs report that showed the American econom...

800 jobs at risk as Mothercare to axe 50 stores

It forms part of... Mothercare now employs about 3,000 people across 137 outlets and the shake-up is aimed at restoring the fortunes of the chain. "These me...

Facebook prevails on shareholder votes, tallies to come later

Mark Zuckerberg and Facebook's board of directors faced an onslaught of shareholder outrage as activist investors tried to force a change of governance at th...

Google 'to end' Pentagon Artificial Intelligence project

Google was anxious it could get negative press because of Maven, and that the company's involvement with the project would taint its reputation, the leaked e...

Plane makes Emergency Landing Over Passenger’s Unbearable Body Odour

A plane made an emergency landing this week between a group of Spanish islands and the Netherlands. Belgian passenger Piet van Haut described the mile-h...

Vegan diets deliver more environmental benefits than sustainable dairy or meat

The big catch: Humans would have to stop consuming meat and dairy . Speaking to The Guardian , Joseph Poore at the University of Oxford , who led the res...

Funeral companies face CMA inquiry into rising costs

The average cost of a funeral is estimated to be almost £3,800, not including discretionary extra costs that can add £2,000 to a bill. Rising fees for cremati...

Modi’s divestment plans hit rough waters with Air India

The government will ensure that the airline does not face "any operational difficulties following the latest developments". The Union government had a few w...

Winning Lottery Ticket Sold In London

Following the recent Lotto Max draw on Friday, June 1, OLG states that there are quite a few lucky winners in Ontario. The victor or winners of the jackpot ha...

Has rail industry failed passengers? Here's what transport secretary said

But they warned: "Unfortunately, it will take some time to deliver significant improvements to services, but we will keep passengers up to date on all changes w...

Samsonite's shares set to rise 7.8 percent as CEO steps down

Samsonite's board said Kyle Francis Gendreau, chief financial officer, succeeds Tainwala as CEO. Tainwala didn't respond to an email, and the company has...

Minimum Wage To Rise Across Australia

Advocates believe that paying a higher wage provides a better quality of life to workers and helps to spur consumer spending. President Justice Iain Ross said...

Oil is fall in price on record production data in US

Oil fell Friday morning as markets mulled the future of OPEC supply cuts and after USA crude production continued to climb to record highs. While US productio...

United Kingdom authorities propose crackdown on high-cost lending

The Financial Conduct Authority conducted a wide-ranging review on high-cost credit and proposed reforms on Thursday. It feels the "need to intervene to prote...

Criminal cartel charges to be laid against ANZ

ANZ Bank, Deutsche Bank , and Citigroup will be charged with criminal cartel activity in Australia. The allegations are the latest in a long line to hit AN...

Qantas, Air New Zealand announce codeshare deal

Qantas soared to a record profit in February, while Air New Zealand said it was headed for its second-highest annual profit ever. Airport security expert Roge...

B.C.'s minimum wage goes up more than $1 tomorrow

The increase is just under half of what the unions were seeking, which was a 7.2% increase, or a weekly pay increase of $50. "The increases in coming years, d...

G-7 finance meeting in Canada to focus on ‘absurd’ Trump tariffs

EU Trade Commissioner Cecilia Malmstrom said in a statement : "Today is a bad day for world trade". President of the European Commission, Jean-Claude Junck...

People Are Losing It Over Malala Yousafzai's Otherworldly Message to Elon Musk

What started out as a satirical article from The Onion's sister site, ClickHole , Wednesday, poking fun at the EV executive's recent public relations fias...

Oil prices steady after shake-out on supply worries

Iraq produced more because it increased exports from its southern ports, following a drop last month. Oil prices decline for third consecutive on the backgrou...

Sears announces more store closures amid financial struggles

There are three other Sears department stores in the region at Oviedo Mall, Altamonte Mall and Florida Mall . In April, Simon filed a query with the city o...

Fiat plans new 500e and 500 Giardiniera wagon

We plan to leverage the iconic status and technology of the 500, extending the line-up to introduce a small vehicle with best in-class interior roominess and un...

Petronas to buy LNG stake

Commenting on Petronas' decision to join the LNG Canada project, Prasanth Kakaraparthi, senior analyst at Wood Mackenzie, said it marked an "interesting" turn...

Chinese shares rebound ahead of MSCI inclusion

Among the countries that could see their weights capped are Brazil and India, two of the largest developing economies. If these first additions go smoothly,...

Airline profits this year unlikely at Dec forecast level -IATA CEO

According to the Iata global passenger traffic results for April, overall passenger demand (measured in revenue passenger kilometres, or RPKs ) rose by 6.2 per...