Finance

MORE NEWS THIS CATEGORIES

Michael Kors is buying Versace for $2 billion
Michael Kors is buying Versace for $2 billion
In 2016, Versace poached Alexander McQueen's boss Jonathan Akeroyd to help it smarten up for a stock market listing, although that never materialised. Mr Idol...
Porsche drops diesel power from its vehicle range
Porsche drops diesel power from its vehicle range
In 2017, the diesel share of Porsche's global sales was 12 per cent. Porsche has not had a diesel in its portfolio since February of this year. It is, and will ...
Norwegian Air axes Belfast to United States routes
Norwegian Air axes Belfast to United States routes
It began flights from Belfast International to airports near NY and Boston previous year. "Following a comprehensive review of our services from Belfast in re...
Comcast shares fall after $40B bid to buy Sky stake
Comcast shares fall after $40B bid to buy Sky stake
Robey Warshaw, Evercore, Bank of America Corp. and Wells Fargo & Co. were to split up to 37.8 million pounds for their work on behalf of the US cable operator, ...
Instagram founders depart Facebook after clashes with Zuckerberg
Instagram founders depart Facebook after clashes with Zuckerberg
A reason for their departures wasn't immediately known. "We remain excited for the future of Instagram and Facebook in the coming years as we transition from ...
Gold Prices Fall As US-China Trade Spat Intensifies
Gold Prices Fall As US-China Trade Spat Intensifies
On Monday, US imposed a 10 percent tax on 6,000 Chinese goods, ranging from rice and textiles to clothes and manufacturing goods. But he said that Trump's lac...
Someone hung a 'Re-Elect Trump' banner in Disney's Magic Kingdom last weekend
Someone hung a 'Re-Elect Trump' banner in Disney's Magic Kingdom last weekend
In a video obtained by WESH 2 News , two men can be seen holding the giant banner from an elevated walkway inside the park. YouTube star and Disney Parks fan...
Oil Prices to Be 'Cheaper' if Trump Stops Tweeting, Iran Official Says
Oil Prices to Be 'Cheaper' if Trump Stops Tweeting, Iran Official Says
At 0840 GMT, Brent Brent North Sea crude for delivery in November soared as high as $80.94 per barrel. Oil demand is forecast to increase by 14.5 million ba...
Rod Rosenstein has not resigned and is still deputy attorney general
Rod Rosenstein has not resigned and is still deputy attorney general
Daniel Henninger, Wall Street Journal columnist and deputy editor of the editorial page, said the Democratic Party's strategy heading into November's midterm ...
Sobeys parent company to acquire Farm Boy in $800 million deal
Sobeys parent company to acquire Farm Boy in $800 million deal
It's not clear what will change at the supermarket as Farm Boy will be managed separately from Empire Co. Ltd. Farm Boy founder Jean-Louis Bellemare and his co-...
Oil prices surge as Saudis, Russia won't open spigots
Somebody is going to be wrong on the outlook for the crude oil price , as the market can not be well-supplied and increasingly tight at the same time. Speaking...
SiriusXM buying Pandora Media in $3.5 billion deal
SiriusXM buying Pandora Media in $3.5 billion deal
Terms of the deal will allow Pandora to pursue an alternative acquirer for a higher price, a standard practice in the mergers-and-acquisitions business that c...
Weight Watchers Changes Name as It Shifts Mission
Weight Watchers Changes Name as It Shifts Mission
It is also working on a voice-activated version of its app that will enable subscribers to check their points using Amazon Alexa and Google Assistant. In the la...
Oil price up as Trump calls OPEC to lower prices
Oil price up as Trump calls OPEC to lower prices
The OPEC monopoly must get prices down now!" "The markets are adequately supplied". "The market does not have the supply response for a potential disappea...
SiriusXM to Acquire Pandora
Sirius already has a 15 percent stake in Oakland, California-based Pandora, the companies said in a statement Monday. The proposed deal is expected to close i...
Michael Kors to take control of Italy’s Versace
Michael Kors to take control of Italy’s Versace
Twenty per cent of the brand, known for its Medusa head logo, was bought by U.S. private equity group Blackstone in 2014, and the family owns the rest. Private-...
Sensex looses 376 points, NIFTY 122 points despite govt's assurance on NBFCs
Sensex looses 376 points, NIFTY 122 points despite govt's assurance on NBFCs
The Nifty MidCap slumped 2.71 percent, shedding almost 500 points, while the BSE MidCap tanked 2.41 percent. The benchmark indexes had plunged more than 3 perce...
Singapore competition watchdog fines Grab, Uber SG$9.5 million
Singapore competition watchdog fines Grab, Uber SG$9.5 million
Grab has agreed to abide by remedies set out by the CCCS. The section prohibits mergers that have resulted, or may be expected to result, in a substantial lesse...
Barrick and Randgold to create world's biggest miner
Barrick and Randgold to create world's biggest miner
The new company will control five of the world's top ten gold mines and have "the largest gold ‎reserves amongst senior gold peers", Barrick and Randgold said...
Petrol crosses Rs 91/l, diesel at Rs 80 in Maharashtra
Petrol crosses Rs 91/l, diesel at Rs 80 in Maharashtra
A litre of petrol was being sold in Mumbai at the rate of Rs. 90.08, according to the website of International Olympic Committee, the largest fuel retailer of t...
Opec, allies rule out urgent hike in oil output
Opec, allies rule out urgent hike in oil output
In its latest forecast on the global oil landscape, the Organization of the Petroleum Exporting Countries said it expects USA shale growth to "slow significantl...
Petrol Price Crosses 90 Rupees In Mumbai, Cheapest In Delhi Among Metros
The Karnataka government has also announced a reduction in cess on transport fuels by Rs 2 per litre each across the state effective from last Tuesday. Fuel pri...
Burned by scandal, Porsche CEO says it's done building diesel cars
Burned by scandal, Porsche CEO says it's done building diesel cars
Porsche's existing diesel customers would continue to be served, he said. Diesel versions of cars like the brand's Cayenne and Macan sports utility vehicles ...
China cancels trade talks with US
China has retaliated by hitting $60 billion (R858 990 000 000,00) in U.S. products and the world's two largest economies have already imposed tariffs of $50 bil...
ABC boss Michelle Guthrie sacked by board
ABC boss Michelle Guthrie sacked by board
The Australian on Monday reported a split between Milne - who was appointed by the Turnbull government - and Guthrie over the future of the organisation. "This...
Trinidad student pilot jumps airport fence, boards jet in Florida
Trinidad student pilot jumps airport fence, boards jet in Florida
At around 2 a.m., the student drove to the hangar when the A321 aircraft was parked, left his vehicle running, and boarded the plane. When he discovered the...
Bill Kelly: Are Trump’s tariffs blocking a NAFTA deal?
Bill Kelly: Are Trump’s tariffs blocking a NAFTA deal?
On Friday, top White House aide Kevin Hasset turned up the temperature on Canada's point person in the trade talks, foreign minister Chrystia Freeland, warning ...
Could you spend 30 hours in a coffin?
Could you spend 30 hours in a coffin?
Aside from bragging rights, Six Flags St. Louis will give the victor $300, two 2019 gold season passes. a Fright Fest prize package including two VIP haunted ho...
Labor Will Challenge UK PM on Brexit Deal, Corbyn Says
Labor Will Challenge UK PM on Brexit Deal, Corbyn Says
He followed it up by posting a photograph on Instagram of he and Mrs May looking at cakes with the caption: "A piece of cake, perhaps?" May's "Chequers plan" ...
Strawberry sabotage: Needles found in New Zealand
Strawberry sabotage: Needles found in New Zealand
Countdown Supermarket said that the brand had been removed from their stores and encouraged the public to return them to their stores for a full refund. It adde...