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Alibaba to invest $3.6B in China's top hypermarket operator Sun Art

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Goldman Sachs reports dip in Q2 profits

Goldman also said it benefited from higher revenues in client execution including an improved performance in cash products and derivatives. In Investment Mana...

JLR's electric drive to get £500m boost

Speaking to The Times newspaper , Professor David Bailey, David Bailey, Professor of Business Economics at the Birmingham Business School, said: "This is an ex...

Crude prices fall on mixed Chinese economic data

Gulf of Mexico was shut-in as of Sunday in response to the tropical storm Barry", according to OilPrice. Easing tensions between the West and the Middle East...

Amazon Warehouse Workers Strike on 'Prime Day'

Amazon's own products are usually among the strongest sellers. Amazon's biggest sale of the year is underway. "Normally if there's a disruption in work t...

Facebook Libra cryptocurrency hearing highlights social network's trust problems

He expressed his disinterest in said virtual currencies and asserted that they could "facilitate unlawful behavior, including drug trade and other illegal activ...

Powell warns of economic 'uncertainties,' paving way for July rate cut

Ricafort said in a text message yesterday. Last week, Fed Chair Jay Powell testified before Congress and said, "based on incoming data and other developments,...

US Retail Sales Increase Solidly In Boost To Economy

While the monthly reporting on retail sales can be rather volatile, this is an important economic component considering that close to 70% of US gross domestic...

The Robot Vacuum You've Always Dreamed of Owning Is Finally on Sale

And, if you've got a pet that seems to leave endless hairs lying around the place then you'll find the Shark has a voracious appetite for fluff, fur and other h...

Electricity from Scotland's wind turbines could power homes in England

Some projects have managed to sign direct supply agreements, known as Power Purchase Agreements, with businesses, but the industry maintains that the Westminste...

Tesla Discontinues Cheapest Model X, S Variants, Cuts Prices to Simplify Lineup

Bumping up to the Long Range Model 3 will cost $49,990 while the Performance will cost $54,990. The idea behind the adjustments is to simplify the ordering ex...

Cladding fires: Industry demands states be pulled into line

The federal Coalition has rejected a call from the Victorian Labor government for $300m to help rectify buildings with flammable cladding. Daniel Andrews ...

Ford and UAW negotiate contract

Louis Labor Day Parade in St. Louis on September 4, 2017. John DeBernardo, a Local 1112 member, said workers will spend the day rallying in support of the glo...

US proposes barring big tech firms from offering digital currencies

We know we need to take the time to get this right. After the Libra coin has aroused massive objections from bankers and lawmakers around the globe, the US ...

Best board game deals for Amazon Prime Day 2019

The publisher of Business Insider has affiliate partnerships, so we may get a share of the revenue from your purchase . At this point, nearly any game you can...

US Treasury has 'serious concerns' Libra could be used for terrorism

She added that a company would typically announce something with such an "experimental nature" at an industry forum, like the Money20/20 conference, not with a ...

Symantec share price plummets as acquisition talks halt

Bernstein analyst Stacy Ragson told Reuters that Broadcom won't lose any sleep over Symantec walking away from the deal. Neither Broadcom nor Symantec immed...

China’s slowing economy still shows growth that any country would envy

Later in the week, US retail sales and industrial production data will provide clues about the health of the world's largest economy. Average new home prices ...

Updated air passenger rights protections come into effect today

Transport Minister Marc Garneau said he was "surprised" and "disappointed" by legal action from Canadian airlines to quash new rules to beef up compensation for...

US judge slashes $80 mln Roundup jury verdict to $25.3 mln

U.S. District Judge Vince Chhabria in San Francisco previously said the $75-million portion of the verdict meant to punish the company was too high based on leg...

'We're human, not robots': Amazon workers strike as 'Prime' sales arrive

Stuart Appelaum, the president for UNI Global Union, a Switzerland-based union co-ordinating Amazon workers and their unions, said: "Amazon needs to understan...

Callon Petroleum to buy Carrizo in quest for strong cash flow

Wall Street analysts tracking shares of Callon Petroleum Company (NYSE: CPE ) have been closely monitor company activities and fundamentals . For the next y...

Here Are the Prime Day Deals Coming to Whole Foods

Another big difference between the two services: Whereas Prime Music's selection changes constantly (and titles occasionally disappear), Amazon Music Unlimited...

Smoke alarms recalled due to failure to alert

According to the Consumer Product Safety Commission , the devices can have a misaligned internal switch which will cause the alarm to not activate properly. Pr...

China's Growth Dips to Lowest in Nearly Three Decades

China on Tuesday rebuffed a suggestion from U.S. President Donald Trump that Beijing needs a trade deal with the United States because its economy is slowin...

European Union sanctions Turkey for drilling off the coast of Cyprus

The Council once again called on Turkey to refrain from any drilling activities off the coast of Cyprus and instead, "act in a spirit of good neighbourliness a...

Vodafone To Refund Customers For Sneaky Sales

In Vodafone's case, DCBs were automatically enabled on customer accounts, meaning purchases could be made with just one or two unwitting clicks. The telco sai...

Facebook Set For Record $5bn FTC Fine

The settlement, which was reportedly voted along party lines, gaining support from the FTC's three Republicans while being rejected by its two Democrats, is the...

Pensioners to pocket extra cash under deeming rate cuts

About 75% of aged pensioners will not be affected by the cut to deeming rates. But in an interview with Neil Mitchell about the change, the below comments f...

Border Force resolves IT security outage at passport gates

Another passenger, twitter user Jitterbug Pearce, said: "I'm in this same line and this is absolutely insane!" A problem with outbound passenger processing b...

AMP Life sale halted, dividend scrapped

In its current form, the expected A$3.3 billion sale of AMP Life to London-based Resolution Life has been halted, following challenges to meet the relevant appr...