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German Economic Sentiment Lowest Since September 2012: ZEW

This was a steeper drop than the consensus forecast reading of minus 14.0, and the lowest since 2012. The survey was conducted between May 28 and June 11, a p...

Thousands of fipronil contaminated Dutch eggs in German supermarkets

The agriculture ministry of Lower Saxony said the batch of tainted eggs had come from an organic firm in the Netherlands, but insisted there was now no danger...

Honolulu Workers Need $39 An Hour To Afford A 2-Bedroom Rental

The eight failing common means of employment like food preparation ($9.40), retail salesperson ($10.41), cashiers ($9.33), laborers and freight movers ($12.66),...

Boring Company to build Chicago high-speed airport link

The deal comes about a month after Musk unveiled a plan to burrow a high-speed network of "personalized mass transit" tunnels under Los Angeles that he said cou...

Asda slashes petrol price by 3p per litre

The retail giant has reduced the price of unleaded petrol by up to 3p per litre and diesel by up to 2p, becoming the first major retailer to do so this week. As...

Rolls-Royce to cut 4,600 jobs mainly in Britain

Rolls-Royce will tomorrow announce it is slashing 10pc of its workforce - about 4,000 jobs - as chief executive Warren East aims to make annual savings of up to...

Nirav Modi flees to Brussels from United Kingdom, possibly on a 'Singapore passport'

A diffusion notice is issued directly by an worldwide entity to the countries of their choice to take their help in identifying location, physical description, ...

Wetherspoon to stop selling Champagne in run up to Brexit

Drinks industry website Imbibe reported in March that champagne sales to the United Kingdom have slumped for the second year in a row, as the falling value of...

Trump Renews Twitter Assault on OPEC

Earlier in the session, Brent and USA crude had retreated on concerns about rising production in the United States and expectations that OPEC and other prod...

Uber files for patent to detect drunk passengers using AI

The information could then be used to determine what type, if any service to provide. Drunk passengers are a headache for Uber drivers. Many of these case...

Tesla to lay off 3,600 workers in effort to turn a profit

Tesla is now planning on updating its "hold the wheel" message to clarify that drivers need to apply slight upward or downward pressure to let the system know t...

The United States, Mexico And Canada Will Host The 2026 World Cup

The North American proposal is referred to as United 2026, as it bested a rival Moroccan bid , 134 votes to 65. "Football today is the only victor", said U.S...

Italy diplomatic tensions flare as migrants head to Spain

Some countries feel justified in stopping migrants from entering when they should have registered elsewhere. Macron said Rome had acted "with cynicism and irr...

Federal Reserve Raises Key Interest Rate and Signals More Increases May Come

Interest rates are expected to increase to 3.1% next year, up from the previous forecast of 2.9%. The Federal Reserve has raised its benchmark interest rate f...

Volkswagen fined $1.18B for diesel emissions cheating

The scandal, which came to light in the United States in 2015 after VW admitted to circumventing the emissions control system there for diesel vehicles sold sin...

Uber submits patent to detect drunken app users

The application , titled "Predicting user state using machine learning", says the app would notify drivers of the "state" the customer is in. Uber is also ex...

Surging gasoline costs drive up US consumer prices in May

The consumer price index rose 0.2 percent from the previous month and 2.8 percent from a year earlier, matching estimates, a Labor Department report showed Tues...

Mike Pompeo says North Korea should disarm in 2 years

With a handshake that lasted for about 13 seconds, North Korea's Kim Jong-un and US President Donald Trump on Tuesday scripted history during the first-ever...

Federal Reserve raises interest rates

The Fed now foresees four rate hikes this year, up from the three it had previously forecast. Fed policy makers now see US unemployment at 3.6 percent in the ...

Bitcoin's soaring value down to manipulation, scientists claim

Bitcoin's meteoric price rise may have been down to price manipulation using another virtual currency, researchers have suggested. In his paper, Griffin says t...

Retail inflation shoots up to 4.87 per cent in May

A vendor puts onions in a sack after sorting them at a vegetable market in Mumbai, India, June 12, 2018. The Federal Reserve on Wednesday is widely expected t...

Wetherspoon is going through some dramatic changes because of Brexit

Mr Martin hinted that post-Brexit Wetherspoon's drinks may be cheaper. Champagne will no longer be available at Wetherspoon's pubs from next month. While be...

Killeen In-N-Out Burger closed due to bun quality

If you live in Texas and have a hankering for a Double-Double or some Animal-Style fries, turns out you're going to have wait before getting your In-N-Out fix. ...

Facebook now lets you report misleading ads on its platform

Users can rate their experience with a sad face, a neutral face, or a happy face. The company plans to warn those businesses that receive a high volume of neg...

Guess Chairman Paul Marciano resigns after probe into improper conduct

Marciano exercised poor judgment in his communications with models and photographers and in placing himself in situations in which plausible allegations of impr...

Oil prices drop as supplies increase

U.S. crude oil production for yet another week for week ending June 01-the most recent data available-increased to 10.800 million bpd, according to the EIA. Luk...

Dixons Carphone finds data breach and over a million records accessed

Dixons Carphone will be contacting the 1.9 million people who have had their personal data breached and says it has already plugged the hole in its systems. "W...

Toyota Plans Billion-Dollar Investment in Ride-Hailing Startup Grab

South Korea's Hyundai Motor Co and Japan's Honda Motor Co Ltd have also previously funded Grab , which said it has achieved run-rate revenue of over $1 billion...

Louboutin wins EU court battle over trademark red soles

The battle was one by the designer and he seemed overwhelmed and thankful. "The European Court of Justice today confirmed that the legal regime governing shap...

Daimler ordered to recall almost 774,000 diesels in Europe for emissions software

German Transport Minister Andreas Scheuer summoned Zetsche after the country's KBA Motor Vehicle Authority discovered "inadmissible defeat devices" in Mercede...