Finance

Trump administration defends coronavirus response from rising criticism

MORE NEWS THIS CATEGORIES

Frankfurt Motor Show: 2020 Land Rover Defender Breaks Cover

This shows in the face with the square LED light cluster and the big central air dam. The new Defender is built upon Land Rover's new purpose-engineered D7x...

New blood test could help reduce lung cancer deaths

A drug in development for a protein target once thought unreachable by pharmaceutical means has new data showing its potential efficacy in lung cancer . Eighty...

Fed Chair Powell repeats vow to act ‘as appropriate’

The Fed will continue to act "as appropriate" to sustain an economic expansion now in its 11th year, Powell said Friday in Zurich, repeating a pledge that finan...

US Jobs Growth Disappoints Again In August

In August, the unemployment rate was 3.7% percent for the third month in a row, and the number of unemployed persons was essentially unchanged at six million. W...

Canada adds 81100 jobs in August: StatsCan

The numbers show unemployment fell by about 2,300 people between July and August, cutting the unemployment rate to 5.1 per cent from 5.3 the month before. Mea...

Erdogan threatens to open gates for Syrian refugees to go West

But as Turkey suffers an economic downturn and rising unemployment, calls among Turks for Syrians to go home are growing. The Turkish government categorically d...

'Time is of the essence' in Iran co-operation: United Nations nuclear watchdog

Diplomats who have closely observed the International Atomic Energy Agency's ( IAEA ) work in Iran said that investigators discovered traces of uranium at a T...

Chiron Super Sport 300 unveiled with 1600hp

However, in contrast to the record of the prototype speed production cars will be artificially capped at 440 km/h. Speaking to Top Gear about Bugatti's la...

IPhone rumors you should know ahead of Apple's big event

Analysts and other industry watchers expect Apple to launch three smartphones: a 5.8-inch iPhone 11 Pro, 6.5-inch 11 Pro Max and a low-cost 6.1-inch 11R. The re...

USA states and territories launch antitrust probe into Google’s ‘potential monopolistic behavior’

The coalition warned that the search giant may be threatening competition and consumers. We've reached out to Google for comment and will update if we hear ba...

Looking to hire 30000, Amazon plans U.S. job fairs

The open positions include jobs at Amazon's new office in downtown Nashville, with teams there focused on developing retail operations technology. Amazon adde...

Saudi Arabia wants to enrich uranium for nuclear power, says minister

OPEC oil output rose in August, gaining for the first month this year as higher supply from Iraq and Nigeria outweighed restraint by Saudi Arabia and losses c...

Volkswagen rebrands and wheels out its new mass-market car

Unfortunately, Volkswagen won't offer it in the USA market, one of few surprises we learned. ID.3 Max is the top-of-the-range version of the new family elec...

"Volfefe index" tracks market impact of Trump's tweets

The bank found Trump had been increasingly tweeting about "market-moving topics", mainly in trade and monetary policy . "A broad swath of assets from single-...

Video appears to show Tesla driver asleep at the wheel

In June, another Tesla driver was similarly caught snoozing behind the wheel in the San Francisco Bay Area. Mr Randall said the vehicle was travelling at ab...

Google accused of secretly tracking users across the web

The findings come from Johnny Ryan of the privacy-focused web browser company courageous, who said he found secret web pages when he attempted to monitor how ...

US adds slower-than-expected 130,000 jobs in August

Despite the economy's sustained growth, the jobs added in August were less than the almost 160,000 expected by analysts. "Instead of building an economy that wo...

Volkswagen Commissioned These Adorable Electric Vintage Beetles Dubbed E-Kafers

Perhaps the best part of this arrangement is that VW is approaching it as the first of many potential EV conversion projects. By comparison, the revised e-Up ...

Starbucks Sees Slower Profit Growth In 2020

Starbucks Corp said on Wednesday it expects 2020 adjusted profit growth to be lower than 2019 as it factors in the impact of a one-time tax benefit that has inf...

U.S. states announce antitrust probe of Facebook

Dozens of state attorneys general are set to formally launch separate antitrust probes starting next week into Facebook and Alphabet's Google unit, according to...

China is close to releasing a Libra-like digital currency

China has been developing such a currency to protect its "monetary sovereignty and legal currency status", according to Mu. "We need to plan ahead for a rainy...

German Industrial Orders Slump, Economic Vital Signs 'Doesn't Bode Well'

Within industry, the production of intermediate goods fell 0.7% and the production of capital goods dropped 1.2%. "The danger is great that negative growth wi...

Binance Launches BUSD, a USD-Backed Stablecoin

Today, leading cryptocurrency exchange Binance announced a new partnership with Paxos , a regulated financial institution which digitizes and mobilizes asset...

No-deal recession less severe now, says central bank boss

Better border preparations, a temporary deal for financial services companies to access United Kingdom markets, and a deal on the market for financial insurance...

South Africa's GDP expands by 3.1% in Q2

Economists had forecast 2.4 percent growth. In local news, Aspen (+7.26 percent) shares vaulted higher after the pharmaceuticals company announced yesterday tha...

Australian economic growth sinks to 10-year low

AMP Capital chief economist Shane Oliver said the current risk of a recession "cannot be ignored", with conditions in some pockets of the economy already feelin...

Hiranandani Energy to buy LNG from Russia's Novatek

The firms will study the joint development of a network of filling stations network a fleet of LNG-fueled trucks, Novatek said Filling station network Wednesd...

Tesla Model 3 is the third best-selling auto in the UK

Demand last month stood at 92,573 cars in Europe's second-biggest autos market, according to data from the Society of Motor Manufacturers and Traders (SMMT). ...

Chancellor Sajid Javid's spending round - what you need to know

Councils will have access to a further £1.5 billion for social care - £1 billion through a new grant and £500 million through the adult social care precept. Aro...

Facebook considering hiding "likes" from news feed posts

Social platforms are paying more attention to the benefits - or lack thereof - attached to vanity metrics. Before Facebook starts running trials of the new fe...