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Australia loosens lending laws to revive coronavirus-hit economy

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German Investor Confidence Falls Sharply On Coronavirus Concerns: ZEW

The U.S. economy has proved more resilient than the rest of the world, keeping the dollar at 4-1/2 month highs against a basket of currencies. The euro has be...

Inflation rises to 12.13% in January - NBS

Prices for clothing overall fell by 3.3% between December 2019 and January 2020, compared with a fall of 4.6% between December 2018 and January 2019. Accordin...

Heathrow delays continue after technical glitches

Monday's disrupted flights were operated by British Airways , the largest airline at the west London hub. Hundreds of flights in and out of the United Kingdom ...

Debris found in fuel tanks of undelivered 737 Max jets

Boeing's woes have been mounting since aviation authorities around the world grounded its Max 737 fleet after it was involved in two deadly passenger plane cras...

China's central bank skips reverse repos Tuesday

No MLF loans were due to mature on Monday. On February 17, the chief analyst at China Minsheng Bank, Wen Bin, said that the central bank's move, which combi...

Walmart's holiday season 'wasn't as good as expected'

Sales at Walmart's US stores open at least a year rose 1.9%, excluding fuel, in the fourth quarter ended January 31, well below analysts' average estimate of 2....

Oil prices steady as output cut expectations offset coronavirus concern

Though new cases in mainland China have dipped, global experts say it is too early to judge if the outbreak is being contained. Brent crude was up by 6 cent...

Michel Barnier: UK can't have Canada trade deal with EU

It comes after the UK's chief negotiator, David Frost, made a speech in Brussels calling for a "Canada-Free Trade Agreement-type relationship". "So if it is t...

Coles Underpaid Store Managers $20 Million

Target has set aside a $9 million provision to cover remediation. The supermarket giant noted the "significant impact" the bushfire crisis had on the busi...

BHP profits soar on higher iron ore prices; Cautious on coronavirus

Revenue from continuing operations rose 7.0 per cent to $US22.3 billion in the six months to December 31 - up 3.0 per cent on a statutory basis - in what is chi...

Ottawa announces changes to mortgage stress test for insured mortgages

The rules had the effect of cooling the market , especially for first time buyers, which brought down prices in many markets because it shrank the pool of buye...

Trump says he knows identity of 'Anonymous' tell-all writer

Trump spoke about the individual that remains unnamed, despite some guesses at the identity of the protesting deep-state official. The online feud led to a de...

CEO Brad Garlinghouse Envisions Ripple as Amazon in Five Years

This represents 7.5% of all flow from the United States dollar to the Mexican peso and is an increase from around 3% in December. There is already "a lot of dem...

Stocks decline after Apple warns of coronavirus fallout

MSCI's broadest index of Asia-Pacific shares outside Japan dipped 0.1 percent to 555.50, easing further from last week's top of 558.30, which was the highest si...

Iran Hackers Put Backdoors in VPN Servers

According to the report, Iranian hackers targeted the company operating in the field of information technology, telecommunications, oil, natural gas, aviation a...

Labour London Mayor to Beg Brussels for EU ‘Associate Membership’ for Britons

Frost said the government would only accept similar commitments to those contained in the trade agreement with Canada, under which there is an obligation to a...

More concerns raised about visibility of new Ontario licence plates

Steve Koopman posted a picture of a vehicle parked outside a McDonald's, suggesting that the new plates can be hard to read. Licence plates in Ontario were pr...

Amazon's Jeff Bezos creates $10 billion fund to fight climate change

He wrote on his Instagram on Monday that the fund will issue grants to scientists, activists, and other organizations to help their efforts to protect nature....

First Russian Citizen is Diagnosed With COVID-19

Twenty-nine people in the USA have caught the novel coronavirus , officially called COVID-19, which is mostly circulating in China but has spread to about tw...

HSBC to slash 35,000 jobs, shed assets worth $100 billion

HSBC Holdings said on Tuesday it would shed $100 billion in assets, slashing the size of its investment bank and revamping its USA and European businesses - in...

‘Assault Weapons’ Ban Shelved by Virginia Senate Committee

The proposal was part of a package of gun control measures sought by Northam and fiercely opposed by gun rights supporters. Democratic lawmakers have introduce...

Jeff Bezos donates $10B to fight climate change

The money is from Bezos' personal wealth and is separate from the Foundation that he'd established, according to a spokesperson for the company. Amazon has be...

Brexit: Britain and European Union 'will rip each other apart' in trade talks

The EU has repeatedly warned Britain can not expect to enjoy continued "high quality" market access if it insists on diverging from EU social and environmental ...

Jeff Bezos dropped $165 million on a new Beverly Hills mansion

The Chartwell chateau was familiar to television viewers of the 1960s as the palatial home of the fictional Clampett family in the CBS classic sitcom "The Bever...

Pier 1 closes all stores in Canada and files for bankruptcy protection

While Pier 1 hasn't released its latest list of the 450 stores slated to close this year, neither the Fresno or Clovis stores are on a list published by busines...

Japan's economy shrinks at fastest rate since 2014

The fourth-quarter contraction was the first in five quarters and the biggest since a 7.4% decline in the second quarter of 2014 - the last time Japan raised th...

Buffett's Berkshire Buys Kroger, Biogen, Trims Wells Fargo, Goldman Stakes

Berkshire Hathaway's investment in Kroger comes as the retailer faces questions about its race to transform itself to an omnichannel growth company with ambitio...

Tesla ordered to halt work on its German Gigafactory

The Higher Administrative Court of Berlin-Brandenburg issued the injunction after environmental organisation Green League filed an emergency appeal. The court...

Lebanon: MEA Reverses Plan to Accept Only US Dollars

The decision was taken as Lebanon grapples with a foreign currency liquidity crisis that has led the Lebanese pound to lose more than a third of its value again...

China disinfecting banknotes to stop virus spread

Experts have been asking people to frequently wash hands and face besides wearing masks as basic measure to prevent its spread. More than 2,600 new cases were...