Finance

US economy added 1.8M jobs in July; unemployment at 10.2%

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Xiaomi or Samsung: Which is India’s number one smartphone company?

Also, the market is seeing rapid consolidation at the top end as the top 5 vendors made up 79% of the smartphone market in the second quarter of 2018, marginali...

Erdogan says Turkey to 'boycott' United States electronic goods

It was up 5 percent on Tuesday, at 6.55 per dollar , having fallen 42 percent so far this year, with most of those losses coming in recent weeks. Turkey's ...

United Kingdom unemployment falls to 1.36 million

The ONS figures also showed the number of European Union nationals working in the United Kingdom fell by a record amount. There were 2.28 million European U...

Oil steady as emerging market woes dim demand outlook

General view of Saudi Aramco's Ras Tanura oil refinery and oil terminal in Saudi Arabia May 21, 2018. Brent crude futures fell $1.67, or 2.3 per cent, to $71....

Is China printing Indian currency notes?

Various employees at currency note manufacturing units across the country claimed that past year was slow in terms of production and output, with numerous plant...

Turkey prepares action plan for banks and businesses to tackle economic woes

Stocks were on a five-week winning streak before last week. The Turkish president said he had been taking necessary measures regarding the economy, amid a s...

Turkey merchants losing money on Erdogan, throw in the towel on lira

Angered by the continued detention of an American pastor, the US government imposed sanctions on two Cabinet ministers and threatened more. The currency crisi...

Firefighters gain on major California blazes as heat wave breaks

The Carr fire was first reported on July 23, when a trailer tire blew on a road near Redding, California. He said crews were able to hold it back from the ma...

Tesla looking to go private with backing of Saudi fund

Tesla Chief Executive Elon Musk tweeted yesterday that he was working with buyout firm Silver Lake and investment bank Goldman Sachs Group as financial advisers...

Turkey launches probe into ‘fake news’ over lira rumors

Asian markets fell sharply overnight . Turkey's Central Bank has announced a series of measures to help banks manage their liquidity, after the country's fi...

Turkey’s Central Bank to Support Embattled Lira

Such sell-offs are not uncommon during the summer - there was one this time last year prompted by concerns over North Korea - but investors are, nonetheless, ve...

Report claims China printing Indian currency, govt denies

China has been printing foreign currencies on a massive scale as more and more countries outsource money production in a bid to keep costs down. According t...

Ontario to sell pot online in fall, in private stores next year

Fedeli added that the online retail channel will have a "robust verification system" and will ensure safe home delivery for cannabis products. The Ontario Can...

Erdogan says US set deadline for pastor's release

By Monday morning, the lira had pulled back from a record low of 7.24 to the dollar , after the central bank pledged to provide liquidity and cut reserve req...

Data recorder recovered from plane stolen and crashed near Seattle

Officials said Russell had been a Horizon employee for three-and-a-half years and had clearance to be among aircraft, but that to their knowledge, he wasn't a...

Bayer shares slump after $289M Monsanto Roundup verdict

A jury in US federal court in California delivered a $ 289 million verdict Friday on behalf of a former school groundskeeper, Dewayne Johnson, who said that ...

Turkish lira crisis gets worse with fresh 11% plunge

Turkey's decision to hold an American pastor, Andrew Brunson , under house arrest on disputed terrorism charges, has prompted Donald Trump to impose sanctions...

VF Corp., following millions of consumers, will shed its denim

In comparison, jeans sales climbed 4 per cent for that same period, fueled by women's denim. VF embarked on a turnaround strategy several years ago, the fruit...

Turkey moves to calm market, opens probe amid lira fall

Turkey has so far refused to comply, prompting Trump on Friday to double the tariffs on USA imports of Turkish steel and aluminium, causing the lira to plung...

Powerball ticket sold at Staten Island grocery store

Lottery officials say the ticket was purchased at the Stop & Shop on Hylan Boulevard in New Dorp. Store in Staten Island where the Powerball jackpot was sold....

Russia backs use of national currencies for bilateral trade

The dollar has always been considered the "international currency". Russian Federation has ditched its holdings of U.S. Treasuries in the past few months as r...

Friendly tone belied desperate acts of Seattle plane thief

Richard Russell , a 29-year-old Horizon Air employee, was suicidal and made a decision to hijack the 76-seat plane around 8 p.m. Friday from a maintenance area ...

Former Tesla engineering chief returns to Apple

At the time when Field's absence was first reported in the press, Tesla's chief executive Elon Musk said Field wasn't going anywhere and was simply taking som...

Iran's Ayatollah Ali Khamenei says mismanagement hurts economy more than U.S. sanctions

The US reinstated certain economic sanctions against Iran last week, with President Trump promising more to come in November. Washington had said Iran's only ...

Saudi Arabia's sovereign wealth fund looking to take Tesla private

But the potential transaction's staggering US$82 billion price tag means Tesla is still likely to need to tap other sources of cash. Directors will probably t...

Ticketmaster shuts resale websites over inflated prices

Ticket sales company TicketMaster is shutting down two of its resale sites following pressure from fans, artists and politicians to combat opportunistic touts s...

Seattle plane stolen by airport worker found destroyed

Earlier in the evening, officials at Seattle-Tacoma International Airport said an Alaska Airlines plane had been stolen and later crashed . He stole the ...

Rupee Hits All-Time Low Against USD: 10 Things To Know

However, the rupee retreated from its record lows after the central bank intervened to support it and halt a sharp fall, dealers said. Increased demand for th...

Germany says Trump's tariffs, sanctions destroy jobs and growth

The historic deal, backed by the US, Russia, and China, and negotiated by the European Union, saw the lifting of economic sanctions against Iran for ditching it...

Who Will Fund Elon Musk's Tesla Takeover? It Could Be Saudi Arabia

Musk and his advisers are seeking a wide pool of investors to back a potential take-private of the automaker to avoid concentrating ownership among a few new la...