Finance

No End in Sight to Lotte Mart Closures in China

Hyundai Motor and Kia Motors, South Korea's top two automakers, saw auto sales in the Chinese market cut in half last month, statistics showed. Tensions between USA and China escalated amid the miss...

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Diamond sold for $71.2 million, record for any jewel

Hong Kong: A giant diamond named the "Pink Star" broke the world record for a gemstone sold at auction when it fetched $71.2 million in Hong Kong on Tuesday. Sotheby's tried a new city for the Pink...

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United Kingdom supermarket sales slow as prices rise, Morrisons swims against tide

United Kingdom supermarket sales slow as prices rise, Morrisons swims against tide

Overall, Nielsen said supermarket sales over the four-weeks to March 25 fell 2.6% versus the same period in 2015, but the comparative drop has been blamed on the late timing of the Easter holiday this...

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China poised to take lead on climate after Trump's policy moves

But coal is dying as a major energy source in the United States for reasons far beyond the reach of executive orders. Trump did not say whether he would pull out of the Paris Agreement. Sanders also...

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White House confirms Ivanka Trump is seeking clearance

Ivanka won't be working as an official government employee, but she will be acting in an unofficial capacity as an adviser to the president. In her new office, she will act as her father's "eyes...

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A 'sci-fi' cancer therapy fights brain tumors, study finds

A 'sci-fi' cancer therapy fights brain tumors, study finds

When the device is turned on, it creates low intensity electric field to treat tumors, so patients feel only mild heat. Patients have to keep their heads shaved to wear the cap for 18 hours a day. The...

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Says it signed new $3B deal with Iranian airline

Says it signed new $3B deal with Iranian airline

Aseman airlines , headquartered in the Iranian capital of Tehran, was established in 1980. Representatives of the two companies signed the contract in Tehran after a year of negotiations, Reuters re...

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Schiff says Trump wants focus on tweets, not Russia probe

Schiff says Trump wants focus on tweets, not Russia probe

Flynn's immunity request "doesn't look good", said Rep. Jason Chaffetz, House Oversight Committee Chairman. Congressional investigators said Sunday it's too early to decide whether former national...

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Sse Plc (SSE) Rating Reiterated by JPMorgan Chase & Co

It has underperformed by 3.87% the S&P500. Two equities research analysts have rated the stock with a sell rating, seven have issued a hold rating and five have given a buy rating to the stock. They e...

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Verizon to take 'Oath' as new company to run Yahoo, AOL

Verizon to take 'Oath' as new company to run Yahoo, AOL

The new company is expected to launch this summer after Verizon's (VZ, Tech30) acquisition of Yahoo is completed. " #TakeTheOath . Summer 2017", Armstrong wrote on Twitter . "It's important to ...

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Taxpayer stake in Lloyds Banking Group falls below 2%

Taxpayer stake in Lloyds Banking Group falls below 2%

The company also recently announced a dividend, which will be paid on Tuesday, May 16th. This is an increase from Lloyds Banking Group PLC's previous dividend of $0.85. The government took a 43 pe...

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ASOS posts interim sales up 37%

ASOS posts interim sales up 37%

Full-year pretax profit is expected to be in line with market consensus of between GBP72 million and GBP84.5 million. That meant that profits before tax on a per share basis only increased 15% to 26...

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Cronk to leave Melbourne Storm at the end of the season

Cronk to leave Melbourne Storm at the end of the season

He won the premiership with the Storm in 2012 and played in two more grand final winning sides that had their titles stripped for salary cap breaches. Plenty of Sydney clubs are in the market for a ...

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More cases reassigned from Orlando state attorney

More cases reassigned from Orlando state attorney

The dispute has reverberated far beyond the central Florida region where Ayala is the state attorney, drawing praise from advocates for criminal justice changes and prompting outrage from elected offi...

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Carter Page, Roger Stone Also Offer To Testify Before House Intel Committee

Nunes indicated that House investigators are still negotiating when Manafort will testify and whether the testimony will take place in an open hearing , according to CNN . Himes said Nunes and fel...

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South African government warns against illegal protests

South African government warns against illegal protests

Ramaphosa was speaking after Jacob Zuma fired widely respected finance minister Pravin Gordhan in a cabinet reshuffle last week in which he purged other political opponents. Although we believe sovere...

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South Africa's new finance minister wants radically transformed economy

Mr Gordhan was recalled from trade talks in London this week, on the pretence that he and his deputy Mcebisi Jonas were plotting with United Kingdom banks against the interests of the South African ...

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Record deliveries power Tesla shares to all-time high

Tesla has proven yet again that its share of the electric vehicle market is no joke. In terms of first-quarter production, Tesla built about 25,418 vehicles, which is another quarterly record for t...

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South Korean women arrive in North Korea for football match

South Korean women arrive in North Korea for football match

More recent multi-sport Games in South Korea have had a North Korean presence, however, with a delegation attending both the 2002 Asian Games in Busan and the 2014 edition of the event in Incheon. Jap...

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Oil prices drop on rise in USA drilling

Oil prices drop on rise in USA drilling

According to the Energy Information Administration, crude stocks hit 533.1 million barrels after surging 5 million barrels in the week to March 17, almost double analysts' expectations for a 2.8 milli...

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Truck, SUV sales keep rising as car sales continue to slide

Truck, SUV sales keep rising as car sales continue to slide

Skandinaviska Enskilda Banken AB publ raised its stake in General Motors Company by 697.2% in the third quarter. Dimensional Fund Advisors LP now owns 37,408,809 shares of the auto manufacturer's st...

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Spain 'would not block' independent Scotland EU application

Spain 'would not block' independent Scotland EU application

She has made clear her desire to keep Scotland in the European Union on the grounds that 62 percent of Scots voted to remain in last year's referendum on the U.K.'s membership of the bloc. "The truth ...

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Australia keeps rates on hold, sizzling housing market a worry

Above-trend growth is expected in a number of advanced economies, although uncertainties remain. Turning to key trading partner China, Lowe said that growth there was supported by higher infrastruct...

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Yahoo and AOL will form new company called … Oath

Yahoo and AOL will form new company called … Oath

Oath is just the second name change for Yahoo this year. It had to slash the price after discovering that two separate hacking attacks had stolen personal information from more than 1 billion user ...

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Will Treat Kejriwal Like One of my Poor Clients: Ram Jethmalani

Will Treat Kejriwal Like One of my Poor Clients: Ram Jethmalani

In December, Sisodia had asked for releasing appearance fee to noted lawyer Ram Jethmalani who has been fighting defamation case slapped against Kejriwal by Union Finance Minister Arun Jaitley, sour...

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Security tightened on Middle East-AU flights

Security tightened on Middle East-AU flights

The new measures are similar to those now in place on flights to the UK. According to a statement issued by the Australian Minister of Transport, while the Australia-bound passengers from the three ...

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Uber to resume self-driving auto programme in Arizona, Pittsburgh

Uber's autonomous vehicles in Arizona and Pittsburgh, Pennsylvania, remained grounded but were expected to be operating again soon, according to a spokeswoman for the company, who refused to be identi...

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Idea Plunges By 10 Per Cent After Major Merger Announcements With Vodafone

Idea Plunges By 10 Per Cent After Major Merger Announcements With Vodafone

Full view will be published shortly. In a statement on Monday, Aditya Birla Group chairperson Kumar Mangalam Birla said, "For Idea shareholders and lenders who have supported us thus far, this trans...

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RBI clears proposal for new Rs 200 note, says report

RBI clears proposal for new Rs 200 note, says report

Ever since Prime Minister Narendra Modi announced the demonetisation of Rs 500 and Rs 1,000 notes on November 8, 2016, there has been talks of a new denomination of currency possibly being introduced....

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Stocks Finish Mostly Positive, Nasdaq Sets Record Closing High

Stocks Finish Mostly Positive, Nasdaq Sets Record Closing High

Shares in the engineering firm closed at US$17.45. Shares of Lululemon Athletica LULU.O fell 18.8 percent to $53.84 in premarket trading after the Canadian yoga and leisure apparel retailer said fir...

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Hundreds call for help after Cyclone Debbie

I just had to do a bit of rally driving to get around the power pole that's down and there's wires down across the road about 100 yards from my house", he said. Jacqui McCullagh, who was staying on Ha...

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Aircel-Maxis probe: Supreme Court asks CBI to file status report

Aircel-Maxis probe: Supreme Court asks CBI to file status report

Seeking probe into the role of Chidambaram in alleged violation of norms committed by the FIPB in approving Aircel-Maxis deal in 2006 permitting investment in excess of the ceiling of 74 percent, Swam...

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Vodafone joins with rival in bid to put down Indian mutiny

The new company, which will come into being over the next two years, will be headed by Kumar Mangalam Birla while Vodafone will have the right to appoint Chief Financial Officer. In one of the biggest...

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Yahoo Music and Other Yahoo Entities To Be Rebranded as Oath

In a move of either inspired branding or someone having taken too many drugs, the companies formerly known as Yahoo and AOL will cease to exist and will collectively be known instead as Oath followi...

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Trump's order can't stop action on climate change: US advocacy group

Trump's order can't stop action on climate change: US advocacy group

Yet, they seem to ignore the detrimental effects that the current coal industry does to the environment. Sadly, Trump's order puts America out of step with other democracies that see global warming,...

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