Markets

Airbus warns no-deal Brexit threatens its United Kingdom future

The company is set to abandon plans to build aircraft wings in British factories over concerns that European Union regulations will no longer apply from March 2...


Greens back bid to split income tax cuts

The threshold would then shift from $90,000 to $120,000 in 2022- 23. "If you think that can't happen in this country again, look no further than Labor's past re...


Bank of Maharashtra CEO held over ₹2,043 crore scam

Hiremath said that the EOW has also arrested DSK's chartered accountant Sunil Ghatpande and vice president of DSK's engineering department Rajiv Newaskar. Bank ...


Airbus: 'Catastrophic' Brexit would threaten our future in the UK

The report goes on to say Airbus is "preparing to abandon plans to build aircraft wings at its British plants and move production to China the U.S. or elsewhere...


Saudi Sides with Oil Consumers as OPEC Nears Pivotal Talks

The Joint OPEC /Non-OPEC Ministerial Monitoring Committee (JMMC), which includes six oil-producing nations, will recommend an increase of crude production by t...


China-based hack breached satellite, defense companies

Cyber espionage is the group's likely motive, but given the group has revealed a strategy of compromising operational systems, it could adopt a more aggressive,...


China: ‘Capricious’ trade policies will hurt USA workers

China answered that it would match the value of the US tariffs by placing their own tariffs on American perishable exports, including beef, poultry, pork, dairy...


India Retaliates To Trump's Duty Hike, Raises Import Duties On US Products

India had sought to be exempt from the new USA tariffs on steel and aluminum, arguing its exports were small in comparison with other countries', but got nowher...


Interest rates held by Bank of England

Odds for an August rate hike surged to 68% from less than 50% 24 hours ago, after Chief Economist Andy Haldane became the third MPC member to vote for a hike. I...


Daimler issues profit warning on back of US-China trade dispute

In a tit-for-tat response to the United States moves, Beijing announced 25% import tariffs on $50bn of U.S. products last week, including cars, which kick in on...


MERKEL’S MESS: Germany’s Leadership Hangs in the Balance Over Refugee Policy

Merkel last week said she needed two weeks to come up with bilateral migrant deals with partners, such as Italy and Greece , similar to one agreed between Turk...


Intel CEO resigns after company learns of past consensual relationship

Krzanich joined the company as an engineer in 1982, and served as chief operating officer before being elected to the board and named CEO in 2013. Brian Krza...


Trump Threatens Another $200 Billion in Chinese Tariffs as US Stocks Plunge

Late Monday, Trump also announced he might pursue $200 billion more in tariffs on Chinese goods, though it was unclear whether the list would include more chips...


Audi CEO arrested in emissions scandal

Autocar is due to receive an official comment from Audi imminently. While he has not been charged with wrongdoing, prosecutors said there was a risk he migh...


GE booted from the blue-chip Dow Jones index

When a stock is put into the 30-member Dow, it's a signal to many that the company has arrived in the highest echelon of the US corporate elite. GE sank 45 pe...


Toys R Us stores to close across Australia, costing 700 jobs

Toys R Us in the U.S. first sought bankruptcy protection in September past year, but by May it announced it would close or sell its 885 stores after failing to ...


Oracle beats Wall Street's expectations across the board with earnings up 11%

The sign outside Oracle's offices in Broomfield, Colorado, U.S., March 15, 2017. The company's non-GAAP net income for Q4 2018 was $3.41 billion, with non-G...


Oil drops as Iran signals support for OPEC production rise

Saudi Arabia is struggling to convince fellow Opec members including Gulf allies on the need to raise oil output, sources familiar with the talks said on W...


Telstra confirms mobile outages in major cities around Australia

Thousands of customers on mobile reseller services using Telstra's network were affected by outages from Monday night, with a Telstra spokesperson saying most p...


Ford, Hyundai dominate 2018 J.D. Power Initial Quality Study

Power study. German sports auto maker Porsche took fourth place in the rankings, as the Porsche 911 earned the best individual score of any model on the m...