Finance

'US economy rebounding from COVID-induced recession': Powell, Mnuchin back more aid

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United Kingdom economy shrinks by 0.4% in April, in biggest fall since 2016

At 1.2%, growth in the manufacturing sector in the three months to April was weaker than expected, and significantly below the 2.2% seen in the first quarter, w...

Mexico contradicts Trump's tweet of reaching a farm deal

But on Monday, President Trump warned that tariffs were not off the table completely, saying that if the part of the deal which required approval by Mexico's ...

India's Wipro founder Azim Premji to step down READ MORE

Azim Premji will continue as a non-executive director and founder chairman of Wipro . I am also pleased to announce that Abidali Neemuchwala will be the Mana...

Gatwick to try out old coffee cups

The airport wants to improve on that, and reusable cups potentially have a lower carbon footprint than paper cups. Starbucks and the environmental charity Hu...

Kroger bringing CBD products to 92 stores in MI

The grocery chain's corporate affairs manager for its MI division, Rachel Hurst, said the company will begin the rollout this week in 17 states, according to T...

Trump threatens more tariffs on Mexico over part of immigration deal

A regional asylum compact like the one Ebrard described could have major implications for asylum seekers , said Sarah Pierce, an analyst at the nonpartisan Mig...

Fiat Chrysler partners with Aurora on self-driving tech

Self-driving auto software startup Aurora said on Sunday it would partner with Fiat Chrysler to build autonomous platforms for commercial vehicles, the latest...

Oil price could fall to $30: Novak

U.S. President Trump threatened to impose tariffs on Mexico which is one of its major crude suppliers. US West Texas Intermediate (WTI) crude futures were at ...

Greenpeace activists halt BP's North Sea oil rig

Now occupying a gantry on a leg of the rig below the main deck, the activists want to stop the drilling rig reaching the Vorlich oil field where it is believed ...

Trump on United Technologies-Raytheon merger: 'I'm a little concerned'

According to an in-depth investigation by In These Times published last month, Raytheon is one of the major providers of missiles and other weaponry to Saud...

YouTube star JoJo Siwa’s makeup kit pulled from Claire’s for asbestos

JoJo Siwa's makeup kit has been recalled from Claire's locations after the powder eye shadow colors tested positive for asbestos, a toxic mineral that is inc...

Toyota To Launch 10 Electric Vehicles From 2020 Onwards

From 2020 onwards, Toyota will introduce at least 10 BEVs (Battery Electric Vehicle). Now, however, it looks set to change that with the introduction of a new l...

Huawei 5G makes way into 46 commercial contracts in 30 countries

The United States, New Zealand, and Australia have already banned Huawei from developing their 5G networks, citing security threats. The European Union and it...

Oil price could fall to $30 if global deal not extended - Novak

Oil prices rose on Monday after Saudi Arabia said producer club OPEC and Russian Federation were likely to keep withholding supplies, and in relief that the U...

Starbucks launches reusable cups trial at UK airport

The trial - starting on Monday in Gatwick's South Terminal - will help customers reduce their disposable cup usage in a manageable "closed loop" environment tha...

Donald Trump defends Mexico tariff threats: 'We got everything we wanted'

Trump criticized China and Mexico for taking American jobs from US companies and said the Chamber of Commerce was "right there with them". We got everything ...

Salesforce buying Tableau Software in $15.7B all-stock deal

Known for its chart applications and analytics dashboards, Tableau has been broadening its product line to include data cleanup and machine learning tools, enab...

Mnuchin threatens China with tariffs if they bail on trade deal

Following 30 hours of wrangling in what one official described as a "tense" atmosphere, the G20 finance minister and central bank chiefs produced a final stat...

Three details 5G rollout plan, starts in August with 5G home broadband

We'll get to what that means in a minute, but first the key information: Three's 5G network will initially be launched as a home broadband service in London ...

France ready to cut Renault stake to support Nissan ties

Le Maire told reporters during a news conference on June 9 after a meeting in Japan of the Group of 20 major economies that protecting jobs and Renault's factor...

Sydney fog delays flights, blankets roads

At Terminal Two there are widespread delays of 90 minutes to 2 hours in both arrivals and departures, an airport spokesperson said. The fog lifted by midday a...

Ram pickups recalled because air bags may not work in crash

Fiat Chrysler says a software error can inadvertently disable the air bags and a device that tightens seat belts before a crash. FCA doesn't know of any crashe...

Bitfinex denies role in spooky transfer of $1.37 million in stolen Bitcoin

A small percentage of the bitcoins stolen from prominent cryptocurrency exchange Bitfinex back in 2016 have recently started to move, and the exchange claims it...

Raytheon, United Technologies agree to blockbuster defense deal

United Technologies and defense contractor Raytheon agreed to merge in an all-stock deal described as a "merger of equals" the companies announced on Sunday cre...

Mexican president visits Tijuana hours after USA tariff deal

U.S. President Donald Trump predicted Mexico would strongly enforce a new deal under which it agreed to expand a controversial asylum programme and boost se...

Mexico Tariffs Are Still Possible

Key aspects of the agreement are still unclear, including whether Mexico has pledged to buy more US agricultural products and if the deal materially expanded ...

Tyson Foods recalls 190,000 lbs of chicken fritter products

FSIS learned of the problem on Wednesday, June 5 when Tyson Foods, Inc. advised the FSIS of three complaints from schools. Tyson says no other products have ...

IBM Confirms More Than 1000 Employees Will Be Laid Off

Layoffs are nothing new to IBM, especially as it continues its turnaround plan and focuses on what it calls higher value segments of the IT market. In 2016, t...

Gold eyes biggest weekly gain since March 2018 on rate cut views

Most-active contract prices look set to again settle at their highest since February 20, according to FactSet data. The rise for precious metals comes as tr...

Philip Green's Arcadia sweetens restructuring plan for landlords

In an attempt to win over the dissenting landlords Arcadia has now proposed a reduction in rental costs of between 25% and 50% across 194 locations out of the g...