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Remainers need unity if they are to defeat Boris Johnson over Brexit

The internal German government document indicates a European preparedness to let Britain leave the EU with an economically disastrous no deal Brexit rather th...

Chinese e-commerce giant Alibaba 'sees revenues rise 42%'

While cloud computing remains Alibaba's fastest-growing segment, with revenue up 66%, the surge in overall revenue was driven by its core commerce business, whi...

Oil deepens slide towards US$58 on recession fears, US supply

The global benchmark rose 4.7% on Tuesday, its biggest daily percentage gain since December. Oil fell by three points to below $58 a barrel on Thursday, ext...

Tyson Foods recalls 19.5 tons of chicken breast patties for "extraneous materials"

The recall affects the Weaver fully cooked items produced in January. The impacted products were distributed in Missouri, Massachusetts, Connecticut, New ...

Bitcoin Price Surges 10% in 48 Hours as Bakkt Countdown Begins

Just as Bitcoin was flirting with a potential breakdown from the triangle after a rejection from $12,000, the crypto asset has spiked almost $500 in a matter of...

USA stocks close higher amid fading recession fears

Chipmaker Nvidia jumped 7.3% after reporting surprisingly good results for its latest quarter. Microsoft rose 2% and Apple climbed 2.6%. Banks were rising a...

Presenting The 1600-HP Bugatti Centodieci

Production will be limited to ten and only two will be delivered to customers each year. Apparently - well, depending on who you ask - it'll be worth every penn...

Flight delayed for hours in NYC arrives at Miami International Airport

Frustrated passengers recorded the "nightmare" experience on social media. "@Delta 8 HOURS and counting. Captain had "no idea" where the ground crew was", Twi...

SA jobless rate soars to nation's highest

In trend estimates however, unemployment rose to 5.3 percent. The trend monthly underemployment rate remained steady at 8.4 per cent in July with no changes o...

Markets Right Now: Stocks up early, day after big drop - 47abc

Retail sales jumped by 0.7% in July, according to the Commerce Department . The 10-year U.S. Treasury yield has been in perpetual decline all year. Analysts ...

Deere cuts full-year earnings forecast after profits miss estimates

Overall, equipment sales were down 3 per cent. "John Deere's third-quarter results reflected the high degree of uncertainty that continues to overshadow the...

Cigarettes sold in the USA could soon come with graphic warnings

Finalization of the rule would mark the first major change to cigarette labeling in more than 35 years. Smokers would have a hard time overlooking the graphic...

Fed's Mester weighing argument for US rate cut

Speculation of a rare inter-meeting Fed move gained traction among traders amid an escalating U.S. Bullard bills himself as the most dovish policy maker on th...

Una Tesla prende fuoco in Russia dopo incidente: aveva Autopilot

Questo incidente rimette in discussione la funzionalità del sistema Autopilot , con il conducente che ha dichiarato che viaggiava ad una velocità di circa 1...

This Is What's Rattling Wall Street as Recession Fears Flare

The major US stock indexes spent much of the day reacting to big moves in USA government bond yields, which fell sharply in the early going, fluctuated for much...

Warren Catches Up to Biden in New National Poll

Cory Booker and Rep. Tulsi Gabbard even at 2 percent and the remainder hitting 1 percent or less. Bernie Sanders for the second-place spot behind Biden. Democ...

Turkish army pension fund to buy British Steel

Thousands of workers in Scunthorpe, Teesside, and other areas will hope the reported agreement could save their jobs, after the steel firm teetered on the brin...

A.P. Møller - Mærsk A/S - Interim Report Q2 2019

Revenue grew slightly to US9.6bn, while underlying profit soared from US$15m to US$134m, Maersk said. Moller-Maersk A/S delivered an operating profit in the s...

Navarro: Fed's Interest Rate Environment Causing Market Slide

What matters is that you're in the right zone for interest rates". "The fundamentals of the US economy are pretty good". Indeed, the Fed may cut rates in the sa...

Trump vuole la Groenlandia

O almeno starebbe valutando l'affare stando all'indiscrezione riportata dal Wall Street Journal , secondo cui il presidente americano ne avrebbe parlato ripetu...

US Treasury yield curve inverts as recession fears grow

The stock market cratered on Wednesday - the worst day of the year for trading so far - with the Dow sinking 800 points, the fourth-largest drop ever, sending i...

WeWork files IPO prospectus, expects to go public next month

WeWork , which is based in NY, was founded in 2010 and has branched out beyond its popular co-working spaces. That compares with 268,000 memberships with a 30 p...

Walmart Reports Better-Than-Expected Fiscal Second-Quarter Results

The encouraging news from Walmart , considered a barometer of consumer health, came on the same day the government released a report that showed Americans had ...

Trump wants United States to buy Greenland

The Journal reports that advisers have said Trump sees purchasing Greenland as equivalent to the 1867 US acquisition of Alaska. No word yet on whether ...

Trump criticises 'clueless Jay Powell' as markets plunge

On August 14, the president criticised the Fed and its "clueless" chairman Jerome Powell for not reducing rates aggressively enough as investors flocked from ...

General Electric Shares Plummet on New Report Claiming 'Bigger Fraud than Enron'

The shares plunged 11 per cent to US$8.08 at 3:09 p.m.in NY, on track to close at the biggest drop since March 2009. "GE's $38bn in accounting fraud amounts t...

S. Korea celebrates freedom from Japanese rule, urges dialogue with Tokyo

Pyongyang has been ignoring Seoul's calls for dialogue and in recent weeks test fired a slew of new short-range weapons that potentially threaten the South. ...

Dow plunges 800 points after bonds flash warning about possible recession

Treasury notes below the two-year yield, the first such drop since 2007, in what is known as a yield curve inversion and widely seen as a sign of a looming r...

Trump officials see no Chinese concessions for tariff delays amid market rout

Two weeks ago, President Donald Trump , unsatisfied with the progress of trade talks, announced a 10 percent tariff on $300 billion of Chinese imports to...

North Korea fires projectiles into sea, rejects Seoul's dialogue offer

Seoul has said it is open to consultations if requested by Tokyo, while seeking the public's views before the change takes effect. An official at Seoul's d...