Finance

Another market slump delivers worst week for Wall Street since 2008

MORE NEWS THIS CATEGORIES

Subaru Levorg Prototype revealed: Production model coming in 2020

The all-new Levorg will launch in Japan as a 2021MY in the second half of 2020. Many enthusiasts pine for the Levorg because it is a high-performance wagon ...

Toyota to unveil solid state battery-powered concept auto in 2020

This will see the LF-40 Electrified sprint to 62 miles per hour in 3.8 seconds and top out at a governed 124 miles per hour. Much of that mass comes from the ...

Rich Chinese outnumber wealthy Americans for first time: Credit Suisse

There are 100 million Chinese among the richest 10% of people in the world , compared to 99 million Americans, Credit Suisse found in its latest annual weal...

Treasury Wine Estates CEO to retire

Mr Clarke has agreed to be an advisor to the company for an additional year. " It is without question the extraordinary transformation and outstanding financi...

Cash Converters (ASX:CCV) settles class action for $42.5 million

The settlement comes nearly a year after the Federal court trial concluded, according to Maurice Blackburn Lawyers, where Cash Converters faced allegations it h...

Trump's Vuitton visit stirs discord at the brand as designer hits out

Last week, LVMH CEO Bernard Arnault joined Trump - as well as his daughter, Ivanka - to open a new manufacturing plant for Louis Vuitton leather handbags in...

Oil prices dragged lower by sluggish demand, supply outlooks

The American Petroleum Institute reported crude stockpiles rose by 4.45 million barrels last week, according to people familiar. The government's weekly tally o...

China plans to replace Hong Kong leader Lam with ‘interim’ chief executive

Leading candidates to succeed Ms Lam include Norman Chan , former head of the Hong Kong Monetary Authority, and Henry Tang, who has also served as the territ...

Elon Musk tweets using SpaceX’s Starlink satellite internet

And 2 minutes later, he tweeted the result: " Whoa, it worked! ". Not bad, considering the constellation now consists of just 60 satellites, of which three ...

Nike taps cloud computing exec to replace CEO Mark Parker

Anti-Doping Association. Apple CEO Tim Cook, who is Nike's lead independent director and chair of the board's management succession committee commented: "In M...

Variants, Hybrid, Honda Sensing - Auto News

Honda's product spokespeople won't comment on the Fit's future United States availability, but we've heard rumors that the new hatch won't, in fact, be sol...

Toyota Plans To Debut First Ever Solid State Battery Powered Vehicle

India's largest automaker is expected to introduce the electric Wagon R for the masses by 2020. Toyota Motor Corporation (TMC) has confirmed that the Japane...

Lufthansa subsidiaries: German airports hit by Eurowings, Germanwings walkouts

At least 15 flights from the German carrier Eurowings were canceled at Berlin's airports, according to a spokeswoman. "With the (over) fulfillment of our remune...

Uber partners DMRC, to introduce public transport service in Delhi

India's market is a gateway for the rest of the developing world, said the Uber CEO. "We think that it's a big market and would help us bring innovations". It's...

Netflix Will Allegedly Begin Cracking Down on Password Sharing

He emphasized that they would approach the matter in a way that would not drive away customers. "We'll continue to look at the situation and we'll see those con...

Next-gen Skoda Octavia leaked

This time, the carmaker's model configurator on its website has given away the design. The new generation Skoda Octavia is based on a modified version of ...

Shell withdraws from Kazakhstan offshore oil project

Kazakhstan had hoped that the consortium could be working with Shell on the development of the Khazar field, which is close to the giant and already producing o...

Union members begin vote on UAW-GM tentative agreement today

A tentative deal between the United Auto Workers (UAW) and General Motors (GM) that's been described as a "wash" for union members and nearly " identical to...

Finance minister Nirmala Sitharaman all set to meet Indian diaspora in Chicago

Earlier this week, the Finance Minister said differences between India and the U.S. were "narrowing". "After all, China is a very big domestic market and thei...

Qantas completes test of longest non-stop passenger flight

Straight after boarding the flight at 9pm in NY the passengers maintain been told to living their watches to Sydney hours, the build it used to be lunchtime...

SoftBank said to plan taking control of WeWork

SoftBank Group Corp offered close to $10bn to WeWork owner The We Company, its employees and its investors on Monday under a plan to keep the struggling Unite...

Union members review UAW-GM tentative agreement

GM last week encouraged the UAW "to move as quickly as possible through the ratification process, so we can resume operations and get back to producing vehicl...

China seeks US$2.4 billion in penalties against USA at WTO

In a statement circulated to WTO members last week, but sent to journalists on Monday, China claimed the penalty was justified given the "United States contin...

SoftBank to take control of WeWork at less than $8B valuation

Softbank is ready to invest an additional US$4 billion to US$5 billion in WeWork, taking a majority stake in the NY company while valuing it at US$8 billion ove...

China trade deal doesn't need to be inked next month

Beijing and Washington have made "substantial progress" towards a partial trade deal, China's top trade negotiator said Saturday, in his first comments since ta...

Markets Right Now: Stocks rise, led by tech companies, banks

White House adviser Larry Kudlow told Fox Business that tariffs scheduled for December could be withdrawn if trade negotiations go well. "People are continuin...

Boris Johnson faces perilous Brexit ratification after Brexit deal vote blocked

But Brexit opponents say they will try to derail Johnson's plan with amendments that Brexit supporters would find unacceptable. "The motion will not be de...

Canadian retailer Hudson's Bay to be taken private by chairman-led group

The Canadian-based retailer said Monday it will buy back the remaining 43% of shares it doesn't already own at a price of $10.30 Canadian dollars per share [US ...

Honda Jazz Leaked Ahead Of Official Debut

Just as many others models within Honda's worldwide portfolio, the 2020 Jazz will be offered in the performance-spec Type R variant. This trait is being carri...

Heartburn medication Zantac recalled in Canada and US over contamination fears

Sanofi said that the recall applied only to the United States and Canada, and that its products sold outside the two countries were sourced from different supp...