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Geely could spend $2B reinventing Lotus

The investment plan is part of Billionaire Li Shufu's grand vision to take Geely to the forefront of the auto industry rivalling Toyota Motor Corp and Volkswa...

Who is funding Tesla buyout plan, board asks Elon Musk

It took about two hours before Tesla posted a Musk email to company employees on its website elaborating on his reasons for wanting to do the deal, making it ...

Monsanto ordered to pay $289m damages to cancer victim

George Lombardi, a lawyer for the agribusiness giant, said non-Hodgkin's lymphoma takes years to develop, so Johnson's cancer must have started well before he b...

Plane Stolen From Seattle Airport Performs Stunts, Crashes

The plane involved was a Horizon Air Q400 with no passengers on board, tweeted Alaskan Airlines . Instead, the sheriff's office said the cause of the crash c...

Trump moves to raise tariffs on Turkey, upping pressure

Trump intensified the alarm on financial markets with his new tweet doubling the tariffs , noting for good measure the lira was sliding " rapidly downward...

Trump OKs stiffer tariffs on Turkish metals as lira plummets

Friday morning, President Trump tweeted about the situation with Turkey, announcing further tariffs and noting that relations between the US and Turkey are ...

TROUBLE IN TURKEY: Currency PLUNGES 20% After Trump DOUBLES Metal Tariff

And so he announced he is going to double the steel and aluminum tariffs on them to make up for the fact "their currency" has slid so "rapidly downward agains...

McDonald's offering chance to win McGold Card, free food for life

In addition, the victor "will receive a custom gold-0plated "McGold Card" phone case". The victor will receive a gift card via the McDonald's app with $1,000 th...

Bitcoin price (BTC/USD) hits 19-day low

NY time, trading at just under $6,500, according to data from CoinDesk. Tom Lee, the CEO of Fundstrat Global, told CNBC in a recent interview that investors...

Ikea opens in India with chance to capture booming middle class

There was traffic jam situation in front of the huge 4 lakh sft store located in the heart of HITEC City , the hub of information technology. "People are con...

Bird Scooters will no longer operate on Country Club Plaza

City spokesman Chris Hernandez, however, said the no-ride edict was a business decision made by Bird. "The City was not directly involved in the conversation"...

Trump doubles steel and aluminium tariffs on Turkey as lira nosedives

The Turkish lira fell against the United States dollar due to mounting tensions between Turkey and the USA in the wake of Ankara's refusal to release American...

Erdogan says attempts to exert economic pressure on Turkey futile

President Recep Tayyip Erdogan has called on Turks to "have no worries" after the national currency lira hit a new record low amid political tensions with t...

Pilot strikes see hundreds of Ryanair flights cancelled

The Irish airline, Europe's largest low-priced carrier, averted widespread strikes before Christmas by agreeing to recognise unions for the first time in its ...

RBA Chalks Up Two Years On Hold

In the interim, once-off declines in some administered prices in the September quarter are expected to result in headline inflation in 2018 being a little lower...

Trump Administration to Sanction Russia Over Chemical Weapons Attack on Sergei Skripal

Britain and many countries pointed the finger at Russian Federation. Chairman Ed Royce (R-Calif.) wrote to President Trump on July 26 that enforcement of the ...

Saudi Arabia renews rejection of interference in internal affairs

Saudi Arabia expelled the Canadian ambassador Monday and froze "all new business" with Ottawa over criticism of its arrest of women's rights activists. Saud...

Japanese automakers Suzuki, Mazda and Yamaha admit false emissions data

All three have already complied with a request by the Japanese Ministry of Land, Infrastructure, Transport and Tourism (MLIT) to conduct investigations into t...

Ikea India: Here's what Indians say about the new store in Hyderabad

The restaurant will serve mainly vegetarian dishes, and their hallmark beef and pork meatballs have not been included, respecting India's culture and tradition....

NYC sets limit on Uber and Lyft vehicles

They say the growth of ride-hailing apps has also worsened traffic congestion. In a committee meeting on Wednesday, New York City Councilmembers cited conce...

China to slap new tariffs on $16bn of US goods

The number of categories of goods subject to tariffs rose to 333 from 114 in the June draft, although the total value is unchanged. Washington already impos...

USA tariffs on China: Trump administration adds $16 billion

And President Donald Trump has threatened to impose tariffs on virtually everything China sells to the United States. The weak figures come as Beijing has...

Here's what taking Tesla private means for the company and Elon Musk

They said this "included discussion as to how being private could better serve Tesla's long-term interests". The board members said they were "taking the ap...

United Kingdom trade minister says European Union is pushing Britain to no-deal Brexit

A Ministry of Defence source said 60 percent of new army vehicles would be made in the United Kingdom creating 1,000 jobs. Pro-EU Tories suggested that rema...

Papa John's sales drop amid founder controversy

Papa John's International, Inc.'s same-store sales continued their slide in the second quarter. Papa John's says a key sales figure dropped 10.5 percent in Ju...

Snapchat revenue soars despite losing users for the first time

It reported an adjusted loss of 14 cents a share, which was better than the average analyst expectations of a 17 cents a share loss, according to surveys by Tho...

Elon Musk considers taking Tesla private as stock jumps

He later tweeted that the only uncertainty about completing the deal is whether he can gain shareholder approval. Musk's announcement was initially met with...

Cleaning crews discover dead fetus in plane at LGA

The plane was in a hangar and had arrived in NY from Charlotte, North Carolina, on Monday night. Sources told NBC New York that the fetus appears to have been...

Musk Says in Tweet He Is Considering Taking Tesla Private

Musk owns almost 20 percent of the company. If the tweet is serious (and not the work of hackers or a particularly wild night on the factory floor), it would ...

UK July Halifax house price index +1.4% vs +0.2% m/m expected

The average house price in Britain is now £230,280, the highest on record. Despite the upbeat figures, however, Russell Galley, managing director at Halifax, ...