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Rio Tinto 2Q Iron-Ore Shipments Lift, Capex View Revised
Rio Tinto 2Q Iron-Ore Shipments Lift, Capex View Revised
Chief executive Jean-Sebastien Jacques said: "We delivered a strong performance, particularly in iron ore and bauxite, demonstrating the underlying resilience o...
Bitcoin's Price Stability Is a ‘Good Thing’, Bitcoin.org Co-Owner Argues
Bitcoin's Price Stability Is a ‘Good Thing’, Bitcoin.org Co-Owner Argues
Performance of Bitcoin following miner capitulation. Edwards uses bitcoin's hash rate to find significant price bottoms based on miner capitulation. The f...
European Union leaders meet in push for COVID recovery deal
European Union leaders meet in push for COVID recovery deal
While Michel suggested keeping the Commission's €750 bn recovery fund proposal , consisting of €500 billion in grants and €250 billion in loans, he offered a s...
Coronavirus crisis to force two-week suspension of Federal Parliament
Coronavirus crisis to force two-week suspension of Federal Parliament
The acting CMO's advice has been 'The entrance of a high risk group of people may jeopardise the health problem in the ACT and put residents at unnecessary risk...
Oil prices broadly stable as stimulus hopes balance virus fears
Oil prices broadly stable as stimulus hopes balance virus fears
While positive, the report notes that the outlook for 2021 "remains dependent on considerable uncertainties, both to the upside and the downside". The Empire si...
Audi RS 7 Sportback launched at Rs 1.94 crore
Audi RS 7 Sportback launched at Rs 1.94 crore
More RS models have been confirmed to follow the RS7 Sportback this year for India. Audi has launched the 2020 Audi RS 7 Sportback in India, with prices s...
Toyota Camry Revealed With New Safety Sense 2.5, XSE Hybrid Trim
Toyota Camry Revealed With New Safety Sense 2.5, XSE Hybrid Trim
The vehicle also comes with black mirror caps, a throatier catback exhaust system with a 3.5-inch stainless steel tip, and smoked taillights to give it a more m...
China's GDP Returns to Growth With 3.2% Gain in Second Quarter
China's GDP Returns to Growth With 3.2% Gain in Second Quarter
Business activity recovered in the quarter as China emerged from the pandemic, even as many parts of the world remained in lockdowns. NBS spokeswoman Liu Aihu...
American Airlines, JetBlue partnership
American Airlines, JetBlue partnership
American is adding new nonstop service from New York's John F. Kennedy International Airport (JFK) to Tel Aviv, Israel, in 2021, and from New York (JFK) to Athe...
Goldman Sachs revenue surges 41%
Goldman Sachs revenue surges 41%
Like its peers JPMorgan Chase ( JPM ) and Citigroup (C), Goldman benefitted from its robust trading business. The company's results were boosted by its tradin...
Apple scores legal victory against $14.9 billion European Union tax demand
Apple scores legal victory against $14.9 billion European Union tax demand
Vestager also has three cases against Google totaling roughly $US9.4 ($13) billion, while Amazon is also appealing a 2017 ruling saying it owes Luxembourg ...
Former Ellen DeGeneres Show employees cite a toxic culture
Former Ellen DeGeneres Show employees cite a toxic culture
Numerous accusers alleged that the show's environment is "dominated by fear", with employees who don't raise concerns about work hours or microaggressions being...
India posts first trade surplus in 18 years as coronavirus hits imports
Merchandise imports contracted 47.59% in June to $21.11 billion from a year ago, while exports fell 12.41% to $21.91 billion, leading to a marginal trade surp...
United Kingdom workers lost their jobs between March-June
United Kingdom workers lost their jobs between March-June
A rise in people who were not looking for work also pushed down on the jobless rate. Reacting to the news, senior United Kingdom economist Dan Hanson said: "T...
Another 1.3 million workers file new unemployment claims last week
Another 1.3 million workers file new unemployment claims last week
The number has fallen for 15 weeks in a row, after claims hit an all-time high of nearly seven million in late March, when businesses everywhere were shutting t...
United Kingdom inflation rate in June sees first-time rise this year: ONS
United Kingdom inflation rate in June sees first-time rise this year: ONS
The quarterly fall in the Consumers Price Index was less than the Reserve Bank and the market expected, ASB economists said. During the COVID-19 pandemic , i...
Wednesday's Lackluster Performance Leads to Early US Stock Market Weakness
Wednesday's Lackluster Performance Leads to Early US Stock Market Weakness
Apple rose 0.7 percent after a European court annulled an EU order that Apple repay Ireland 13 billion euros ($15 billion) in back taxes. Volume on USA exchan...
OPEC+ to ease output cuts from August
OPEC+ to ease output cuts from August
West Texas Intermediate ( WTI ) crude was down 49 cents, or 1.2 per cent, to $40.47 per barrel. Prices rose 2% the previous day, helped by the US crude inventor...
Ottawa Reaches $19-Billion Economic Reopening Agreement
Ottawa Reaches $19-Billion Economic Reopening Agreement
Those things include contact tracing, providing protective equipment to workers, helping struggling municipalities pay operating costs, aiding local transit ope...
USA stock futures dip after Wall Street ends day with modest gains
USA stock futures dip after Wall Street ends day with modest gains
The Dow Jones Industrial average and Russell 2000 both logged their sixth straight day of gains. The price action also indicates a "tired" trade, whereby inve...
Crunch time for Apple in fight against $15 billion European Union tax order
Crunch time for Apple in fight against $15 billion European Union tax order
Did Apple's specific arrangements in Ireland amount to illegal state aid. Now, the EU Commission still has 14 days to appeal the new ruling . The money has b...
Number of laid-off workers seeking unemployment aid stuck at 1.3 million
Number of laid-off workers seeking unemployment aid stuck at 1.3 million
In Florida claims doubled to 129,000, and in Georgia they rose almost one-third to 136,000. The number of laid-off workers seeking assistance remained stuck a...
SMIC shares surge 245% on the opening day of trade in Shanghai
United Microelectronics' market cap is 195.55 billion New Taiwan dollars ($6.64 billion). ( SMIC ) more than tripled from their offering price in their Shangha...
Party members in sights as United States mulls more sanctions over Hong Kong
Party members in sights as United States mulls more sanctions over Hong Kong
The new security law targets the crimes of secession, subversion, terrorism and collusion with foreign forces, but its broad and vague terms have sparked concer...
Hogan: State catches $501M unemployment fraud scheme
Hogan: State catches $501M unemployment fraud scheme
Tiffany Robinson, Maryland's labor secretary, said the scheme was uncovered when their division of unemployment insurance detected an unusual increase in out-...
Amazon Extends Work From Home for Corporate Employees Until 2021
Amazon will allow employees who can work from home to do so through January 8, 2021, according to an internal policy page obtained by GeekWire. However, as p...
Australia Stocks fall on profit booking, disappointing jobless rate
Australia Stocks fall on profit booking, disappointing jobless rate
At closing bell, the benchmark S&P/ASX200 index fell 42.02 points, or 0.69%, to 6,010.90. "The easing of COVID-19 restrictions in June saw an extra 280,000 pe...
Stellantis: Merger of Fiat-Chrysler and Peugeot groups announce new name
The combined company resulting from the merger of Italian-American carmaker Fiat Chrysler Automobiles and France's Peugeot owner PSA will be called Stell...
China's Q2 GDP grows 3.2% y/y, beats expectations
China's Q2 GDP grows 3.2% y/y, beats expectations
It follows a steep 6.8% slump in the first quarter of the year, which was the biggest contraction since quarterly GDP records began in 1992. The consumer rema...
Unemployment climbs but jobs returning
The territories had jobless rates well below the national average with the Northern Territory on 5.7 per cent and teh Australian Capital Territory on 5.1 per ce...


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