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EasyJet to cut up to 3,000 jobs

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Dow and S&P edge lower early Monday as Fed meeting looms

U.S. futures were pointing to a muted open on Wednesday as market participants awaited the latest policy announcement from the Federal Reserve. Wall Street st...

Next-gen Mercedes-Benz GLA unveiled

The ground clearance is said to have increased to 143 mm. With the full model change, the Mercedes GLA departs away from the jacked-up hatchback appearance. M...

Porsche’s Electric Taycan has a range problem

The performance version of the Model S has a range of 348 miles. The EPA has given the Jaguar I-Pace an official estimated range of 234. However, the company re...

Jetstar makes flight changes ahead of pilot strike this weekend

The airline, which operates roughly 370 domestic and global flights a day, has cancelled 44 flights on Saturday and 46 on Sunday, according to The Sydney Mornin...

First commercial electric plane flight opens new era in aviation

Harbour Air says it plans to electrify its entire fleet by 2022, depending on whether it can secure the necessary safety and regulatory approvals. The e-plane...

Fed leaves low rates alone and foresees no moves in 2020

For now, the Fed appears inclined to leave rates alone through 2020, an election year. Fed officials lowered their short-term benchmark rate three times this ye...

Gold falls Rs 73 silver slides by Rs 89

In a span of just six days, the price of gold has come down by about Rs 800 per gram while in three months period, the prices have declined by about Rs 2,450 ...

Chevrolet Suburban and Tahoe debut with new style

Both the new Suburban and Tahoe are about 4 inches longer than previous versions. "The wait is over, and the wish is granted for all those searching and hop...

Lululemon's chief operating officer to leave the company in new year

He was part of the team that guided the company after Laurent Potdevin's exit as chief executive officer in February 2018 until Calvin McDonald took charge in J...

ADB trims India's GDP growth forecast to 5.1 per cent in FY20

Minister for Economic Affairs also had a meeting with DG Werner Liepach today in Islamabad discussed ADB's portfolio, and enhanced support the public and priv...

Saudi Aramco starts trading, instantly becomes world's most-valued at $1.8T

Saudi Arabian Oil Co ( Aramco ) raised a record $25.6 billion in its IPO last week, giving it a market value of around $1.7 trillion. That implies a yield of ab...

Yes Bank shares plunge 15% on capital infusion concerns

The lender did not disclose the date of the meeting. On the BSE, the scrip after opening on a negative note further slumped 14.83 percent to Rs 43.05. This co...

Day 7 of French transport strikes, PM to offer proposals

On 10 December , eleven protesters were detained during rallies in the capital, according to the Parisian police. French unions tightened the screws today wi...

Maryland company surprises employees with $10 million bonus

But one company has left its employees shocked after management revealed they'd all walk away with massive bonuses. But others will receive US$250,000, as the...

Saudi Government Spent $2.3B On Aramco's IPO

The listing comfortably makes Aramco the largest listed company worldwide, overtaking Microsoft Corp and Apple Inc, as well as catapulting Riyadh's stock exch...

Tears and shock: Boss surprises staff with $15m Christmas bonus

John Properties is committed to excellence every day". MI foam-craft business FloraCraft a year ago gave its full-time employees US$4 million in Christmas ...

UK GDP flat in October: ONS

In repair and maintenance, the fall in the three months to October 2019 was largely because of the 3.6% decline in private housing repair and maintenance, with ...

Jaguar delivers range boost to I-Pace with new software update

Not only does the edit increase the car's range , but the latest software will mean that more aspects of the auto will be able to receive remote, over-the-air ...

Goldman raises oil price forecast on the back of Opec+ cuts

The benchmarks fell 0.2% and 0.3% respectively on Monday. Last week, the Organization of Petroleum Exporting Countries (OPEC) and the associated producers suc...

Oil prices slip as weak China exports highlight trade war impact

Asian shares outside of Japan advanced Monday as investors assessed an upbeat U.S.jobs report and an unexpected contraction in Chinese exports . Imports un...

U.S. president must end fossil fuel subsidies — Bloomberg at UN

The talks in Madrid shifted into higher gear Tuesday as ministers arrived to tackle some of the thorny political issues still remaining, including finalizing ...

Tesla's Cybertruck Might Be Cursed as Second Showing Comes With Another Blunder

Later on in the night, the Cybertruck was also seen driving down a California highway. Couple that with the giant tires that are probably not that smooth, and...

New NAFTA inches closer as Freeland meets with counterparts in Mexico

The deal must now be ratified by all three countries. Mexico, Canada and the USA have all agreed to sign the USMCA regional trade accord on Tuesday, Mexican...

China November exports unexpectedly fall, but imports rebound

Global equity markets advanced on Monday as stocks on Wall Street held near record highs on hopes U.S. -Sino talks delay a U.S. tariff deadline this coming Sund...

Former Fed Chair Paul Volcker Dies At 92

While Carter embarked on bruising battles to end industry cartels that kept prices artificially high, Volcker sought to restrict consumer spending, pushing inte...

Global shipments of wearables almost doubled in the third quarter

Research director for IDC's Wearables Team, Ramon T. Llamas, said that wireless earbuds have become the new "go-to product" in the wearables market. They repres...

Pricey pigs: Chinese inflation hits eight-year high as pork prices double

The National Bureau of Statistics (NBS) said on Tuesday that the Chinese producer price index , that shows the cost of goods at the factory gate, has decreas...

Renewable Energy Market Projected to Witness Vigorous Expansion by 2023

Renewable energy sources include electricity generated from solar , wind , hydropower, geothermal and biomass. The qualitative and quantitative analysis techn...

Global IT outage delays flights from Auckland Airport

We appreciate delays are frustrating and apologise to customers for the impact to their journey, ' Jetstar said in a statement. Passengers could still manuall...

European Union permits state aid to develop electric battery giants

The move is part of a major incentive from Germany and France to prepare Europe for the emergence of electric cars, as gas-combustible engines are being phased ...