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Rates Back In Driving Seat For Markets, As ECB Ends Bond Buying

Despite warning that the single currency area was going through a soft patch, the European Central Bank said it would phase out its bond purchases over the ...

UK's N Brown may close 20 stores on receding footfalls

The latter cohort is having to contend with a string of retail casualties (Toys "R" Us, Maplin, Poundworld) and store closures from the likes of House of Frase...

Qantas plane 'nosedives' over Pacific due to wake turbulence

The captain of the aircraft got on and told everyone immediately, 'this is what happened, relax. The airline said that the two jets were flying in flight path...

APA Group a $13bn Chinese takeover target

The deal would bolster CKI's interests in Australia, where it already owns stakes in energy assets and past year bought power provider Duet Group for more than ...

Washington unemployment rate at 4.7 percent

That was below expectations for 5.5 percent and down from 5.6 percent in April. Despite weaker-than-expected jobs growth, the unemployment rate has dropped to...

London house prices continue to fall as capital sees UK's sharpest drop

Sales increased in the West and East Midlands, Scotland and Northern Ireland, but were either flat or negative across the rest of the UK. The Land Registry re...

Indian-origin Dhivya Suryadevara appointed first female CFO at General Motors

Stevens, 58, has been CFO at the largest USA automaker since January 2014 and will retire in March next year as a more than 40-year veteran of the company. Barr...

China vows to retaliate to Donald Trump's tariffs on $50bn of goods

China's Commerce Ministry answered quickly to the USA taxes on Chinese imports. Mr Trump outraged Canadian, Mexican and European leaders last month by impos...

Facebook is tracking you in ways you never knew

Instead, Facebook opted to answer numerous questions by referring to policy that can already easily found on its social network or by referring back to the an...

One of two Wyandotte County sheriff’s deputies shot during inmate transport dies

The wounded deputy, who is female, was in critical condition, Bailiff said. Kansas City, Kansas, police have taken over the investigation. Video from the sce...

Road Rage Likely Sparked Shooting that Killed Colorado Boy, Injured 3 Others

One of the boys died at the hospital, the other child and Bigelow are in critical condition. A fourth person, John Gale, age 40, was also shot while sitting i...

Will Amazon's work to kill Seattle tax spook other cities?

The tax - charging companies making more than $20 million a year $275 per employee - was meant to provide funds for programs to reduce homelessness in the city....

Pimlico Plumbers case: another blow to the gig economy?

The ruling should also make uncomfortable reading for companies, like takeaway courier Deliveroo, that use casual contractors to keep wage bills low and flexi...

U.S. charges Theranos founder Elizabeth Holmes with criminal fraud

Disgraced blood-testing firm Theranos said late Friday that founder Elizabeth Holmes has resigned as CEO, but remains chair of the board. "This conspiracy m...

Multi-state salmonella outbreak linked to pre-cut melon

The Centers for Disease Control said salmonella linked to the cut fruit has been tied to sickness in 60 people, including 31 hospitalizations. The USDA's Food...

Trump hails big tariffs on China

Trump officials have also drawn up a second list comprising an additional $100billion of Chinese goods that could be hit after the first round takes effect. In ...

Euro craters, dollar soars, as European Central Bank holds off on rate hikes

Draghi, however, emphasised that the direction of monetary policy could change at any time. The central bank has undertaken an unprecedented programme of sti...

Hundreds of American Airlines flights cancelled due to technical issue

The airline said the issue happened to a regional carrier - PSA Airlines - causing the rest of the Thursday evening's flights to be canceled. "Our team is worki...

McDonald's will sell paper straws in every restaurant in the UK

The straw switchover will start in September and be fully in place by 2019. The announcement follows news that the government is planning to ban the sale of p...

Kellogg's announce cereal recall due to potential presence of Salmonella

Kellogg Co said on Thursday (Jun 14) it is recalling an estimated 1.3 million cases of its Honey Smacks cereal from more than 30 USA states due to the potential...

Trump Tariffs Slam Canada, EU-Not China

Under the 1974 trade law that Trump invoked to pursue a tariff investigation into China's intellectual property practices, he could delay the activation by 30...

Unemployment drops to 5.4pc despite 21,000 full-time jobs being lost

However, that result was achieved despite a loss of full-time jobs. Australia's unemployment declined in May as fewer people sought work, signaling a slightly...

Microsoft reportedly developing cashier-free technology for retailers

But a competing technology from Microsoft could be an attractive option because retailers might see Microsoft as less of a competitive threat than Amazon. A Mic...

Verizon announces a third, more expensive fake unlimited plan

Going forward, Verizon is going to let you mix and match their three unlimited data plans . Credit: ShutterstockA Sprint representative confirmed to Tom'...

Trump to meet advisers on China tariffs

AOL reports that "under the 1974 trade law that Trump invoked to pursue a tariff investigation into China's intellectual property practices, he could delay ...

SEC official: Ether is not a security

Why it matters: The comments bring clarity to a discussion that has intensified in recent months after the New York Times reported that the SEC was consideri...

US Oil Production Jumps, Eyes 11 Million; Trump Hits OPEC On Prices

Although Saudi Arabia has benefited from oil's rally over the last two years, the government relies on a strong security relationship with the USA, giving Was...

Russian Federation vs. Saudi Arabia

After controversy surrounded the awarding of the 2018 World Cup to Russian Federation and the 2022 finals in Qatar, the vote was the first to be decided by the ...

Amazon expands grocery delivery service to Richmond

With the expansion, the service is now available in 14 cities. A national Whole Foods Market announcement from last month is coming into action locally. Del...

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...