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Federal Reserve keeps interest rates unchanged, calls economic activity 'strong'

And, he said, "Given the Fed's evaluation of current and future growth, rate hikes are likely in September, December and possibly as many as four more next ye...

Google 'working on censored search engine' for China

The news emerged in a piece from The Intercept , which obtained documents about an internal Google project to relaunch a search service in mainland China, com...

European Union imports of United States soybeans were rising before deal with Trump

John Heisdorffer is a farmer and president of the American Soybean Association, and acknowledged farmers' anxieties. Now, the president is considering increasin...

China says U.S. tariff threat runs against trend of the times

The list, unveiled on 10 July, hits American consumers harder than previous rounds, with targeted goods ranging from Chinese tilapia fish and dog food to furnit...

Apple has become the world's first trillion dollar company

Back in 1997, the feat they reached today seemed unimaginable as the Toronto Star writes that their stock was being traded at less than $1. The iPhone-maker...

Chipotle reopens in Ohio after reports of illnesses

Calculated as Net Income / Shareholder's Equity. Return on Investment (ROI) is 12.60%. The lower price P/S ratio indicates attractive the investment. Growth a...

Euro Steady Ahead of Major Economic Data

Compared with the same quarter of the previous year, seasonally adjusted GDP rose by 2.1 percent in the euro area and by 2.2 percent in the EU28 in the second q...

India raises key interest rate for second time to stave off inflation

Bank deposits at Rs 114.8 lakh crore grew by 0.5 percent during April 1- July 18 compared with a contraction of (-) 1.5 percent growth in the corresponding peri...

USA to improve airport security with 3D tech

The CT system uses advanced algorithms to detect explosives and constructs a 3D image that can be rotated 360 degrees and viewed on three axes by TSA officers. ...

Apple’s Market Cap Hits $1 Trillion

Apple Chief Executive Tim Cook has a trillion reasons to smile. Apple's share price pulled it to $1 trillion in market capitalization on Thursday. "Apple's ...

Donald Trump mulls imposing 25% tariffs on Chinese goods

Investors fear an escalating trade war between Washington and Beijing could hit global growth, and prominent USA business groups have condemned Trump's aggres...

Canadian growth jumps on recovery from bad weather, shutdowns

May's growth was widespread across 19 of 20 sectors studied. The retail sector expanded by 2% while construction posted a 0.7% gain. The strong number is en...

Brookfield buying Forest City Realty Trust for $11.4 billion including debt

The stock's short float is around of 1.51% and short ratio is 2.4. P/S, P/E, P/C and P/B/ SMA50, SMA 200: The price-to-sales is a valuation ratio that relates...

Ashley 'offers cash injection' to troubled House of Fraser

The development follows after C.Banner, Chinese owner of toy store Hamleys chose to delay its 70 million pounds (92 million dollars) investment in House of Fra...

Fed on course for third rate rise of year

Economist expect the Fed to raise rates for a third time this year in September. "The stance of monetary policy remains accommodative, thereby supporting stro...

Google to launch censored version of search engine in China

Eventually, the company made a decision to scrap the search engine after Chinese human rights activists' Gmail accounts were hacked in a coordinated attack an...

RBI monetary policy: Repo rate hiked by 25 bps

The RBI's Monetary Policy Committee (MPC ) raised the repo rate INREPO=ECI by 25 basis points to 6.50 percent. In its quarterly inflation report, the Ban...

7% of nbn users get less than half max speed

By way of comparison, the average ADSL download speed recorded during busy hours for the month was 6.7 Mbps. When looking at download speeds overall (in terms...

SBI hikes deposit rates ahead of RBI policy move

The Reserve Bank of India will announce its third bi-monthly monetary policy of the year on August 1. Bond investors are already taking shelter in shorter-t...

RBI hikes lending rate, loans likely to become dearer

Excluding the Housing Rent Allowance (HRA) impact, CPI-based retail inflation is projected at 4.4 per cent in the second quarter, 4.7-4.8 per cent in second hal...

Trump administration confirms plan to raise China import tariff to 25 percent

Advisers reportedly told President Trump that China's authorities would be more likely to yield if higher tax rates were imposed. A first round of tariffs cam...

Production for United Kingdom market plunges 47% in June

Mike Hawes , SMMT Chief Executive , said, "World class engineering, premium products, government collaboration and huge investment have helped UK Automotive ...

Bank of England raises interest rates to 0.75%

But he predicts a quarter point rise every six months until rates reach 1.5% in 2020. The central bank maintained its neutral monetary policy stance with th...

Huawei surpasses Apple in Q2 smartphone shipments

Selling millions of cheap phones has worked well for Huawei in the Asia Pacific region, where its sales more than doubled compared with the same quarter previ...

McDonald's Apologizes to Woman For Serving Her Cleaning Solution Instead of Coffee

Sarah Douglas only realised what she had been served as she took a swig of the chemicals as she drove in Alberta, Canada . "I had no idea what I was drinkin...

China says U.S. ‘blackmail’ won’t work, warns of retaliation on tariffs

The new levies would escalate trade tensions with the foreign power and add to a 25 percent tariff already imposed on $34 billion of Chinese imports in July ...

BMW announces new production facility in Hungary

The new plant, to be built near the city of Debrecen about 230 kilometers east of Budapest, will have a production capacity of 150,000 cars a year, BMW said. ...

Ryanair boss gives up bonus after 2017 flight cancellation crisis

In Belgium, where Ryanair cabin crew have already gone on strike, unions called on pilots there to support their Irish colleagues with a strike on August 10. Ry...

Monetary Policy: RBI Hikes Interest Rates Again; Loans To Get Costlier

The rate hike comes on back of rising retail inflation concerns. A rise in these interest rates, generally pushes banks to hike their loans and deposit rates, t...

Google may help China censor sites

After exiting China 8 years ago due to censorship and hacking, Google is tuning a mobile search app that would filter blacklisted search results in order to re-...