Markets

European Central Bank survey: Euro zone inflation expectations unchanged despite growth slowdown

Since policymakers characterised risk to the outlook as "broadly balanced" six weeks ago, domestic momentum has weakened and uncertainty around global growth ha...


IBM buys software company Red Hat for US$34b

Red Hat will become part of IBM's hybrid cloud unit, but will retain its own branding, facilities and practices, with Whitehurst and other senior management rem...


Microsoft switches seats with Amazon as the second most valuable United States company

Amazon's shares dropped 7 percent, the most in almost three years after its holiday season sales outlook missed targets, fanning concerns that Wall Street's t...


UK court: Barclays won’t face trial on Qatar deal

The four face a charge of conspiracy to commit fraud by false representation when they allegedly reached a deal for Qatar's capital injection into the bank in J...


New York Sues Exxon Over Climate Change

It should be noted that New York's lawsuit comes just months after the Securities and Exchange Commission dropped an investigation of its own. The news organi...


Start-up funding grows in 2018: Nasscom

The number of new tech startups had fallen for the first time in five years in 2017 as funding had slowed. The report also said that India added 1,200 ...


Oil prices recover after stock markets plunge

Brent, the global benchmark, was down 1.1% at $76.06 a barrel on London's Intercontinental Exchange. The West Texas Intermediate (WTI) for December delivery...


Saudi Arabia Says It Is Beacon Of 'Light' Against Iran Despite Crisis

In a speech in Ankara, Erdogan said Saudi Arabia´s chief prosecutor would visit Istanbul on Sunday to speak to Turkish authorities as part of the investigatio...


United States economy grew at strong 3.5 percent rate in Q3

The third-quarter report follows the 4.2 percent growth in the second quarter and is the last major window into the US economy before the midterm elections....


Dyson will make EVs at Singapore factory to be built by 2020

Dyson's research and development arm will stay in Britain with manufacturing being done in Singapore . The company is one of Britain's largest manufacturing...


Retired veteran claims $1 million Powerball ticket in Madison

According to the lottery, their ticket was one of two sold in North Carolina to win $1 million prizes in the drawing. Kelley Brooks bought a Mega Millions v...


Tesla approves Model Y for production

Tesla produced roughly 2,700 Model 3 sedans for all of 2017, and the Wall Street Journal reported that the company built just 793 in the final week of Decem...


New Fed vice chair signals more rate hikes ahead

Mr. Trump said it was "too early to say, but maybe" he regrets nominating Mr. Powell. Asked about removing him from the post, which comes with a four-year term ...


Tesla and other domestic brands take big steps backwards in reliability rankings

Subaru, Kia, and Infinity also stayed in the top six spots. Brands from Fiat Chrysler Automotive (FCA) continue to occupy the bottom third of CR's rankings....


Killing of Jamal Khashoggi was premeditated - Saudi prosecutors

During his visit to Saudi Arabia in May 2017, Trump signed an agreement with the Saudis for them to purchase United States dollars 110 billion of U.S. "She ...


$1M Mega Millions Ticket Sold At Area Stew Leonard's

Match the Mega Ball by itself and you win $2, which isn't the $1.6 billion grand prize, but it'll help someone make back the money they spent on the ticket. Wit...


Numbers drawn for record $1.6B Mega Millions jackpot

The victor has 180 days to collect the jackpot. Each took home $528.8 million. Before the drawing, lottery officials had been reporting an expected $1.6 bil...


Number of billionaires rises rapidly

The country made two billionaires every week during that period, with 199 billionaires created across the world in total, according to the 2018 UBS and PwC Bi...


Twitter's cleanup efforts resulted in its biggest drop ever in monthly users

We're doing a better job detecting and removing spammy and suspicious accounts at sign-up. Human users are not joining the platform quickly enough to please inv...


Amazon revenue forecast falls short of estimates, shares tumble

Analysts have been watching the company's AWS cloud services business, and Amazon met, but did not beat Wall Street estimates, reporting revenues of $6.7 billio...


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