Finance

Karma SC2 electric coupe concept has 1,100 horsepower, 350-mile range

MORE NEWS THIS CATEGORIES

Lyft continues to post losses despite revenue growth

Chicago, Los Angeles, and Seattle were also probed. The ride-hailing company on Wednesday posted revenue of $867.3 million United States, up 72 per cent fro...

Royal Caribbean Cruises Ltd (NYSE:RCL) CEO Sells 20,000 Shares of Stock

Investing in the stock market has traditionally offered higher returns than other types of investments. Stocks tend to be volatile in the short-term. Guggenhe...

NHTSA called for Tesla to drop 'misleading' safety claims

Without naming Tesla , the NHTSA argued that its "5-star rating is the highest safety rating a vehicle can achieve". The Verge notes that in August 2013, Te...

Check your ticket: $26M lotto ticket sold in southwestern Ontario

The ticket was purchased for R30 at the Shell garage in Amberfield, Centurion. In a statement, ITHUBA said the victor reported to their Sandton office in the ...

Mosaic laying off more than 300 workers at Colonsay potash mine

The Mosaic Company plans to temporarily shut down its Colonsay, Sask. potash facility , which will result in well over 300 workers being laid off. The move...

India Inc welcomes 35 basis points RBI rate cut

The cut will likely mean a further reduction in mortgage rates, with one and two-year fixed rates potentially dropping increasingly closer to 3%. "In the abse...

International Business: Jeff Bezos sells Amazon stock worth $2.8 billion last week

Amazon chief executive Jeff Bezos offloaded $US990 million ($A1.5 billion) worth of shares in the company on Thursday and Friday, taking the total value of...

China further weakens yuan rate versus dollar

Disney fell 5.2% after disappointing investors with a sharp third quarter profit plunge that fell far short of Wall Street forecasts. The dimming expectations...

Consumer spending suffers through July, says BRC-KPMG

The figure was down significantly on the 1.6 per cent increase seen in the same month in 2018, and follows what was also the worst June on record. Sales incre...

Bitcoin (BTC) rate breaks the $ 12,000, trade war can accelerate rise

If a threat to global stability is real and imminent with the US-China trade conflict and currency war and stocks expected to drop, everyone has a right to wo...

U.S. stocks cling to advance as trade conflict weighs

The PBOC said the recent yuan depreciation was decided by the market, not manipulated by China, according to a statement. On Monday, Beijing let the yuan breach...

Gold price hits all-time high, nears Rs 38,000-mark

The world's two largest economies have been locked in a bitter trade tussle, which escalated last week when U.S. President Donald Trump said he would impose add...

Japanese chain FamilyMart apologises as video of rats in shop goes viral

In a second Twitter clip, which appears to be shot in the same store, more rats are seen checking out the baked goods, crinkling the wrappers with their feet ...

FedEx won't renew ground delivery contract with Amazon

Over the past year, FedEx's leadership has made it clear that it viewed Amazon as a competitive threat , and not a collaborative partner. FedEx shares fell ...

Oil sets new seven-month low on trade tensions

U.S. West Texas Intermediate (WTI) crude futures CLc1 finished $2.54, or 4.7%, lower at $51.09. Prices have lost 24.5% since their 2019 peak in April. In it...

Twitter may have shared your data without permission

According to Twitter, the information that may have been shared without permission include country code, details of users' engagement with the ad and informatio...

Takeaway.com and Just Eat formally agree on terms of merger

Just Eat is focused on the United Kingdom and western Europe, and is expanding into Canada, Latin America and Australia, while Takeaway.com holds a dominant po...

Food industry wants no-deal Brexit competition waiver

And in that scenario we'd have to work with competitors, and the Government would have to suspend competition laws'. The pound is hovering around its lowest v...

Walgreens closing 200 stores

The company says this is part of an effort to cut more than one and half a billion dollars in costs in the next few years. A customer walks out of a Walgreen...

Perkins Files for Chapter 11 Bankruptcy

Sunday, the company closed 10 Perkins locations and 19 Marie Callender's locations, leaving them with a combined 370 left. Perkins has area locations in Mil...

Gold prices surge over ₹1,000 in a day, hit record highs

Central banks in India and New Zealand both surprised markets on Wednesday with bigger-than-expected interest rate cuts, boosting speculation others will follow...

Subway Unveils New Plant-Based Beyond Meatball Marinara Sub

The fast-casual sandwich restaurant announced Wednesday that it is partnering with Beyond Meat to test meatless meatball subs. Unlike many vegetable options...

Sears at Valley View Mall to close

Liquidation sales at these stores are expected to begin around August 15. Sears has been trying to create a new image for itself in the wake of the negative p...

Irish PM: No-deal Brexit increasingly likely, border poll would be 'divisive'

Any reworking of a deal to meet Johnson's demands would require the support of the Irish. "We write to you Senator Cotton regarding your 8/3/19 letter to Prim...

No-deal Brexit could disrupt food supplies for months - food federation

A no-deal Brexit would potentially disrupt food supply chains, particularly for fresh produce, which can not be stockpiled without spoiling. He also told BB...

You can get Disney+, ESPN+ and Hulu together for really cheap

Now, it appears a bundle deal including Disney +, Hulu and ESPN will launch November 12 for an astounding $12.99 per month. Iger did not say if these wil...

CBA share price drops 2.8% as profits dive and costs swell

Net profit fell to A$8.57 billion in the 12 months through June from A$9.33 billion the year before. "The progress we are making on divestments further streng...

Mystery ticketholder may not know they've won $40 million

He told Oz Lotto bosses he popped a bottle of champagne to celebrate and hadn't slept since learning of the life-changing win. The identity of the only vict...

British Airways Cancels Flights After ‘Systems’ Failure

Dozens of short-haul flights to or from the airline's bases at London Heathrow and London Gatwick were cancelled while many long-haul flights were delayed...

US Federal Reserve Eyes Real-Time Payments

For the new inter-bank system, the Federal Reserve will speed up its settlement and clearing processes for payments between different banks. "We believe e...