Finance

Hyundai and Kia invest £85.2m in UK-based electric van firm

MORE NEWS THIS CATEGORIES

NY to legalize dockless scooters, e-bikes

The new bill, which is expected to pass on June 19, would recognize three classes electric bikes: pedal-assisted models with a top speed of 20mph, throttle-cont...

EU Commission sees lack of progress on EU-Swiss partnership talks

Sefcovic said that Brussels continued to back the ratification of a new treaty governing the relations with Switzerland and the bloc, which would coved citi...

U.S. politicians alarmed by Facebook's cryptocurrency masterplan

The company says it especially wants to reach an estimated 1.7 billion "unbanked" people across the world who now do not use a bank. Facebook , on the other ...

Apple considers moving 15 to 30% of production capacity from China: Nikkei

And because the iPhone is the top selling smartphone in the states, any tax on the product would help the company's competitors since their share in the U.S.i...

More rate cuts 'more likely than not': RBA

Australia's central bank is likely to lower interest rates again to drive increased hiring and boost households' confidence that inflation will return to ta...

European Union court rules that Adidas's three stripes trademark is invalid

Adidas had tried to establish a wider trademark for "three parallel equidistant stripes of equal width applied to the product in whichever direction". The sport...

S&P 500 index closes at a record high

FILE PHOTO: Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., June 19, 2019. The benchmark S&P 500 pushed within striking dis...

Oil prices jump as downed U.S. drone stokes Middle East tensions

Expectations the US Federal Reserve could cut interest rates at its next meeting and confirmation that the chief US trade negotiator will meet his Chinese count...

The Employees Of Facebook Don’t Love Mark Zuckerberg

In Canada, he ranks even higher - with an approval rate of 94%. Peninsula's Group Managing Director and Founder, Peter Done, said: "It is a privilege to be re...

Slack Sets IPO Reference Point At $26 Per Share

The San Francisco-based company's shares started trading on the NY stock exchange at $38.50 - well above the $26 guide price - and valued the company at $20bn, ...

World to get half its power from wind, solar by 2050

The declining cost of solar, wind and batteries will lead to a dramatic shift in the global power mix across the next three decades - even as coal use continues...

Apple mulls moving some production from China, Asia News & Top Stories

Foxconn already said in June that it's ready to help Apple shift production, the report notes. The spat, kicked off by President Donald Trump's rigid ideol...

FTC reportedly investigating YouTube over children's privacy

The company might remove all children's content from YouTube and show it exclusively in the YouTube Kids app, a new Wall Street Journal article says. In 2018,...

FBI Investigating Deutsche Bank

McFadden told The New York Times she flagged a number of suspicious money transfers between Kushner Companies LLC and Russians during the 2016 USA presidential...

'Society did not develop on rules of jungle': Huawei CEO Ren Zhengfei

The Chinese company is also preparing to launch a self-developed operating system as it faces the prospect of not being able to use the Android OS on its smartp...

Reality TV star is the latest to fall ill in Dominican Republic

A doctor has said that the symptoms reported in the tourists who mysteriously died in the Dominican Republic are "consistent with poisoning". The U.S. "It i...

Wheels Someone went and built a Tesla Model 3 ute. Yes, really

Giertz is well known for her amateur robots and is affectionately known as "The Queen of Shitty Robots". Simone Giertz is a Swedish robotics expert, invento...

World’s fastest commercial supercomputer created by IBM

China and the United States still dominate when it comes to the world's fastest supercomputers, owning 43.8 per cent and 23.2 per cent of the top systems global...

Kia Seltos unveiled in India

There's also a sound mood lamp, rear sunshade curtain and a 7-inch colour TFT unit for the instrument console, which add to the premiumness of the Seltos . Dep...

Walmart Offering Flat Fee Unlimited Grocery Delivery

There is a $30 minimum for all Walmart Grocery orders. So it is worth it if you get groceries delivered from Walmart a few times in a month. To use it, user...

Qantas Is Making Some Big Changes To Frequent Flyer Points

The additional one million rewards seats will concentrate on peak periods such as Easter, Christmas and school holidays, and will feature popular routes such as...

Fed opens door to rate cut amid growing 'uncertainties'

The central bank kept rates unchanged. It is a committee within the Federal Reserve System that is entrusted under United States law with overseeing the nat...

Crude oil prices slip as economic slowdown worries outweigh supply fears

However, Moya said OPEC and their allies are at a critical juncture as plans to extend production cuts may prove hard as they are unable to reach a consensus ...

Harley-Davidson strikes deal to build smaller motorbike in China

The company said the new bike would have an engine displacement of 338 cubic centimeters, one of the smallest-powered engines Harley has ever made, and would be...

GM to bring back the Hummer as an electric vehicle?

COULD GM revive the Hummer brand and apply it to its future flock of electric SUVs and trucks? With petrol prices high and environmental concerns pressing, GM...

The White House reportedly looked into demoting the Federal Reserve chief

But the Fed, which faces frequent attacks from Trump for not being more accommodating to his economic agenda, has hinted for the second time that it won't back ...

Halt Libra? US Lawmakers Call for Hearings on Facebook’s Crypto

That's because Libra's value will be pegged to established currencies like the Canadian dollar, the USA dollar, or the Euro. Facebook is taking the lead on ...

Adidas loses EU court battle over 'three stripe' design

It said the company only provided evidence of its "acquired distinctive character " in five out of the EU's 28 member states. The sportswear giant's trademar...

WhatsApp asked by govt to fingerprint every message sent on the platform

Bose, who was the first top-level executive to be hired for the country that accounts for the lion's share of its global user base, joined WhatsApp earlier th...

Bitcoin surpasses $9,000 setting another yearly record

Binance.com, the world's largest cryptocurrency by trading volume, updated its terms of use on June 14 to exclude all users in the U.S. Further, there is a ...