Markets

Markets fall after Trump criticises Fed rate hikes

Meanwhile, the president continues to fight for a level playing field with America's trading partners - but not everyone agrees with his aggressive approach to ...


G20 calls for stepped-up trade dialogue; no agreement on path forward

Argentina's Economy Minister Nicolas Dujovne hinted that the G20 could not afford a rupture over trade disputes which he said should be resolved directly betwe...


Though volatile, supply-side woes resurface to push oil prices higher

Investors are playing back the statements made by the head of the technical committee on monitoring the implementation of the OPEC + agreement and concurrently...


DID YOU WIN? Mega Millions Jackpot numbers drawn

The Mega Millions jackpot has surged to $43 million for Friday night's drawing after there were no winners Tuesday night for the top prize. If there is a vict...


Ritz Crackers issues recall for risk of salmonella

Virgin Islands because the items contain whey powder that has been recalled. The rice pouches were sold across the country but the voluntary withdraws are onl...


Canada Inflation Hit Six-Year-Plus High in June

Other big contributors behind last month's stronger inflation figure were pricier airline tickets, restaurants and mortgage interest costs. The price of consu...


Trump willing to hit all Chinese goods with high tariffs

The financial sector closed up 0.16 percent, with Mega Financial Holding Co (兆豐金控) rising 0.19 percent to end at NT$26.90 and CTBC Financial Holding Co (中信金控) g...


Two Uncle Ben's rice products recalled over Salmonella concerns

The agency is continuing its investigation that may result in more recalls, there has been one reported illness associated with the consumption of the chicken ...


Facebook investigates data firm Crimson Hexagon

Facebook confirmed it has suspended a Boston-based social media analytics firm while it investigates how it collects and shares public data. For now it's just...


Trump accuses China, EU of currency manipulation

Artjom Hatsaturjants, research analyst at Accendo Markets, said "market sentiment soured on President Trump criticising the Fed for hiking rates and threate...


Ryanair cancels 600 flights next week due to ongoing strikes

Ryanair pilots based in Ireland have begun their second 24-hour strike in a week in a dispute about their terms and conditions. Ryanair isn't underestimati...


Sergio Marchionne stepping down as CEO of Fiat Chrysler

He has led Jeep since Chrysler LLC exited bankruptcy nine years later under a Fiat deal. "In an emergency meeting called after Marchionne's health worsened,...


Amazon Prime Day glitches: How Amazon reportedly responded

Though many users had connectivity issues over the course of Prime Day, analysts say it was nothing more than a hiccup. In its marketing, Target also emphasiz...


Rand weakens as Fed chair commentary awakens dollar from its slumber

The two-year Treasury yield was at 2.602 percent and in reach of a decade-high of 2.611 percent scaled on Monday. In a closely watched two-day congressional t...


Fiat Chrysler replaces CEO Sergio Marchionne for health reasons

The sports auto maker also announced a replacement, naming Fiat Chrysler chairman John Elkann as his successor. Elkann didn't give details of Marchionne's hea...


Luxury brand Burberry burned more than $33M of its own merchandise

Burberry has careful processes in place to minimise the amount of excess stock we produce. British heritage brand Burberry, famous for its signature check, ...


McDonald's rolls out new free deal for fry lovers

Free Fry Friday is officially a thing through December 30, 2018. No one will stop you. To access the coupon, customers must first download the McDonald's mob...


IT glitch and fire alarm hit Heathrow

A Heathrow Airport spokesperson said the alarm "impacted operation of the airfield for a short while". Councillor Ray Puddifoot, leader of Hillingdon Council,...


What is a currency war and could Trump trigger one?

Trump told CNBC television that he was unhappy about the Federal Reserve's decision to hike interest rates, saying he was concerned about their potential im...


Sanitary napkins exempted from GST

Addressing a presser, Goyal said, "After careful considerations and discussion with the state finance ministers, we (the GST Council) have chose to implement th...