Markets

Fisker Reveals Unnamed $40000 Electric Crossover to Rival Tesla Model Y

Reborn automaker Fisker-the brainchild of esteemed designer Henrik Fisker-revealed Monday its competitor to the newly announced Tesla Model Y , in the form of ...


Anil Ambani's RCom settles dues with Ericsson

The two directors are Reliance Telecom chairman Satish Seth and Reliance Infratel chairperson Chhaya Virani. Ericsson had moved a bankruptcy court in 20...


Facebook share price down 3% after week of negative news

The issue was prominent across other Facebook products like Workplace, used by businesses for internal communication. Thus several of its users experience diffi...


Trump addresses local union boss, Lordstown GM closure

General Motors Chairman and CEO Mary Barra attends the reveal of the 2020 Cadillac XT6 SUV on the eve of press days of the North American International Auto sh...


German banks see way clear for €25bn merger

Formal disclosure of talks increases the chances of concluding a tie-up that has always been the subject of speculation and surfaced in 2016 before both banks m...


One year on from Carillion collapse, Interserve administration like "history repeating"

The outsourcing firm is one of the UK's largest public services providers. The construction, cleaning and catering contractor has been trying to persuade shar...


With no victor, Powerball jackpot soars to $550 million

The other two tickets, each worth $1 million, were sold in New Jersey and Pennsylvania . After no one matched all six numbers in Saturday's $495 million dr...


Cboe Suspends Bitcoin Futures Contract Amid Weak Trading Volume

The remaining futures listed on the exchange will continue to trade, with the last month contract now for June expiration. CBOE also clarifies that all now li...


Oil set for weekly gain as Opec+ meets to extend production cuts

The IEA said OPEC+ production was 0.24 mbd above the target of 44.3 mbd, with overall compliance with reduction targets at 80 percent. Crude has rallied nea...


Japan court hands Mt Gox founder 2.5 years suspended sentence, reports Kyodo

Karpeles eventually won bail in July 2016 - almost a year after his arrest - paying 10 million yen to secure his freedom pending a trial, which began in July 20...


Anger as VW chief executive plays on Nazi slogan at company event

CEO Herbert Diess said he should not have uttered " Ebit macht frei ", a phrase echoing "Arbeit Macht Frei", which means "work sets you free" and is synonym...


Tata Motors' JLR recalls 44,000 cars over CO2 emission levels

Affected models were all built between 2016 and 2019 and fitted with the firm's 2.0-litre petrol or 2.0-litre diesel engines . Jaguar XE , XF, E-Pace and F-...


China's industrial output slows, unemployment rises

Retail sales had been expected to rise 8.1 percent, easing marginally from December's 8.2 percent pace. But investment picked up speed as the government fast-...


Quebec cannabis giant Hexo acquires Tragically Hip-backed Newstrike

This concern may not be specific to Hexo Corp , with the company selling a total of 2,689KG of cannabis during the second quarter of 2019. "Jay Wilgar (CEO of ...


UK's Debenhams pays lip service to Mike Ashley loan offer

Debenhams said any third party loan offer on the terms offered would require both the consent of its existing lenders and bondholders as well as "material amen...


Hammond offers more spending, lower taxes if a Brexit deal is done

His remarks follow the chancellor's Spring Statement on Wednesday . "Leaving with no deal would mean significant disruption in the short and medium term and ...


Thursday is National Pi Day!

We're talking pizza pies and baked pies which both owe their existence to circles! California Pizza Kitchen: Instead of one of their classic pizza pies, ...


Uber planning to kick off its initial public offering in April

The plans aren't finalised and could fall apart. Uber is planning to file its S-1 prospectus with the Securities and Exchange Commission in April and begin it...


Spotify Files Antitrust Complaint over Apples App Store Charges

The company takes issue with how Apple acts as a gatekeeper to the internet by controlling important platforms such as its iOS mobile operating system and the...


VW sued by U.S. SEC for misleading investors on diesel cheating

The SEC's complaint, filed in a US District Court in San Francisco on Thursday, centers around the fact that VW issued $13 billion worth of bonds and securities...


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