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UK heads towards double-dip recession

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Amazon orders 20000 vans to build delivery fleet

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World's largest offshore wind farm opens off Cumbria coast

Operated by Denmark's wind power giant Ørsted, the Walney wind farm off the coast of Cumbria has grown to the size of 20,000 football pitches following an exten...

Ready to put tariffs on another $267 billion Chinese goods, says Trump

Trump has already imposed 25 percent tariffs on $ 50 billion worth of Chinese goods . Lawmakers and trade groups have both called on Trump to stop adding furt...

Indonesian rupiah, stocks battered in emerging market rout

Emerging market currencies succumbed to a sell-off again on Tuesday, with currencies tumbling across the board - some to new record lows. One reason why the f...

Elon Musk Smokes Weed With Joe Rogan - And It's All On Camera

While a few media outlets attributed the weakness in Tesla shares Friday to the smoke session, the stock would soon see more significant headline risk. Tesla'...

Burberry, Now In PR-Damage Control Mode, Will Stop Burning Unsold Stock

The London-based clothes and accessory maker destroyed nearly 29 million pounds ($37 million) worth of goods in 2018, according to the annual report released ...

Academic Slams Airline For Referring To Her As 'Miss' And Not 'Doctor'

The comment drew thousands of replies, some for her argument and some against, with much of the debate centring around whether the attendant was wrong to not pi...

#FuelWoes: Petrol crosses Rs. 80/liter in Delhi, diesel Rs. 72.51/liter

Since mid-August, petrol price has risen by Rs 2.85 a litre and diesel by Rs 3.3 per litre as rupee hit record low against the USA dollar, making imports cost...

World stocks down for fourth day as emerging markets and equities reel

MSCI's gauge of stocks across the globe .MIWD00000PUS shed 0.50 percent for its biggest one-day decline since August 15, weighed down by declines in Wall Street...

Obama attacks 'crazy stuff' from Trump White House

While the former president will be visible throughout the general election, the adviser said that Obama will not be a daily presence on the campaign trail. I ...

China Threatens Retaliation if President Trump's New $200 Billion Tariffs Go Ahead

The United States buys about 20% of China's exports, but trade has shrunk over the past decade as a share of the Chinese economy. Stocks dropped slightly imme...

USA job growth surges, wage growth largest since 2009

Government employment fell 3,000 in August. Wage growth - and more specifically, the lack of vigorous pay raises - continued to be an issue in the report from...

China says has to retaliate if US implements new tariffs

As most economists pointed out at the beginning of Trump's multi-billion dollar trade war with China and the European Union, the approach he was taking wasn't...

August jobs growth tops expectations, but unemployment holds near 18-year low

Mining added 6,000 new jobs. The U.S. economy added jobs for the 95th straight month in August, a record-setting streak. Ian Shepherdson, chief economist at...

Bernie Sanders introduces the BEZOS Act, targets Amazon and others

According to public data obtained by the New Food Economy , thousands of Amazon workers are paid such low wages that they are forced to rely on food stamps...

Petrol, Diesel Prices Soar To New Record High

The price of petrol has been increased by 48 paise per litre, while diesel saw a hike of 52 paise per litre, as compared to Wednesday's prices in New Delhi . I...

Morrison cautious about 10c a litre milk levy to help farmers

I asked the dairy sector to come to a united position on a response to the report and a mandatory code of conduct for the dairy industry. "It is important tha...

Goldman Sachs Out: No Crypto Trading Desk, Markets Fall

The major cryptocurrencies slid quickly on Wednesday, with Bitcoin falling about 5% in about an hour, while Ethereum and Ripple were also hit. Faced with ...

US, Canada to try to salvage three-country NAFTA

Lighthizer also said American broadcasters operating in border states have complained about Canadian counterparts picking up the US signals and redistributing i...

Trump not concerned with meeting Rouhani, says Iran in 'turmoil'

The Iranian mission also warned that Trump's "irresponsible" decision would further "undermine the Council's credibility" and "erode the trust and confidence" i...

China says retaliation ready if United States tariffs go ahead

The "500" figure alludes to the roughly $US500 billion of Chinese goods imported by the U.S. in 2017. The Trump administration is poised to impose 25 percent ...

Goldman Sachs Drops Bitcoin Trading Desk Plan

Cryptocurrency traders and investors have been quick to blame recent CNBC coverage that announced the termination of Goldman Sachs' plans to launch a cry...

RBA keeps rates on hold as it waits for better wage growth

The RBA reiterated that the low level of interest rates is continuing to support the Australian economy. Tomorrow, data on mortgage applications will be rel...

Toyota to recall 1M hybrids for fire risk, including US-market Prius

In the U.S., the recall will cover approximately 192,000 examples of the 2016-2018 Toyota Prius , but it's unclear for now if there are build dates or anything...

Amazon's Jeff Bezos rockets to richest person on the planet

With Honor is considered a super PAC, or a category of independent political action group that is allowed to accept and spend unlimited amounts of corporate, i...

Volvo's New Concept Wants To Replace Short-Haul Flights

Gothenburg says that with the 360c, you can board your own first-class cabin that will whisk you directly to your destination, without having to bother with air...

Westpac to pay $35m fine for breaching its responsible lending obligations

The Australian Securities and Investments Commission (ASIC) alleged Westpac did not properly assess the capacity of individuals to repay home loans by using a b...

Uber riders with low ratings to be banned under new rules

If the rider's rating does not improve, they will be sent additional emails prompting them to clean up their act. Uber passengers in Australia and New Zealand...

Donald Trump poised to tax an additional $200 billion in Chinese imports

The Commerce Department report said the trade deficit increased 9.5 percent to $50.1 billion in July. In the third quarter, he predicted, net trade would subt...

Amazon India unveils Hindi website, app in battle with Flipkart

A Hindi app and website could give Amazon access to tens of millions of new customers in India's small towns and villages. Amazon India is breaking the lang...