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Stories about Business

Sep 17 2018

"Saudi Arabia, UAE Turning OPEC Into A US Tool", Says Iran

Under pressure from U.S. President Donald Trump to lower oil prices , the Organization of the Petroleum Exporting Countries and allies agreed in June to boost produc...

Sep 14 2018

Amazon founder Bezos announces $2B charitable fund

The first will fund existing nonprofits and issue annual awards to organisations doing "compassionate, needle-moving work" to shelter and support the immediate needs of y...

Sep 14 2018

Canada's Freeland to hold NAFTA talks in Washington on Tuesday

Prime Minister Justin Trudeau warned, however, that potential U.S. auto tariffs could be "devastating" for industry in both countries. Republican Tom Reed, a member of ...

Sep 11 2018

Fuel prices rise again, petrol nears Rs 90 in Mumbai

Diesel was priced at Rs 77.47 per litre in Mumbai on Tuesday. An anonymous government official, quoted by PTI in a news report published Monday, said a cut in excise duty...

Sep 10 2018

Tesla Shares Fall After News Chief Accounting Officer Has Resigned

San Francisco - The turmoil at Tesla reached a fever pitch on Friday as news emerged that two senior executives will leave Elon Musk's electric-vehicle (EV) maker, a...

Sep 10 2018

Obama campaigns in California urging voters to 'restore' sanity in politics

Former President Barack Obama speaks as he campaigns in support of California congressional candidates, on September 8, 2018, in Anaheim, California . "It's a conseq...

Sep 09 2018

Bitcoin (BTC): 80% of Americans Are Aware Of Bitcoin

The subtle art of predicting the future of the crypto markets hinges more on news and the reaction to it, than to the highly respected technical analysis of BTC. Prev...

Sep 09 2018

Tesla shares sink after key executives exit

The resignation of Chief Accounting Officer Dave Morton , weeks after joining the company, has stunned investors. On Friday, the head of Tesla's Human Resources depa...

Sep 08 2018

Trump calls on Apple to move production from China to US

The new duties will start to hit consumer products directly, including furniture, lighting products, tires, bicycles and vehicle seats for babies. The president's comme...

Sep 08 2018

Alibaba co-founder Jack Ma to retire, focus on philanthropy

He founded the Jack Ma Foundation, a philanthropic organisation devoted to education, in 2014. "When Jack Ma speaks longingly of retirement from Alibaba, there's no r...

Sep 07 2018

British Airways suffers customer data hack

The carrier had revealed overnight that the personal and financial details of customers making bookings on the BA website and mobile phone app between Aug 21 and Sep 5 ha...

Sep 06 2018

Iranian rial hits record low against dollar on mounting economic woes

Eurotankers, which had a deal with MRPL to import two Iranian oil cargoes every month, has also said it can not undertake Iranian voyages from September, the sources sa...

Sep 03 2018

How Buhari, Amaechi, Okorocha, others were received in China

The Chinese projects in Africa include the Ethiopia-Djibouti railway and Kenya's standard gauge railway from Mombasa to Nairobi. China-Africa trade volume amounted to 170...

Sep 02 2018

Houghton Regis based firm Whitbread, sells Costa Coffee for £3.9b

The purchase from Britain's Whitbread of Costa's nearly 4,000 outlets thrusts the world's biggest soda company into one of the few bright spots in the sluggish packaged f...

Sep 01 2018

As clock ticks, Canada and U.S seek ways to salvage NAFTA

Auto stocks soared and financial markets firmed on the expectation that Canada would sign on to the deal by the end of the week and ease the economic uncertainty caused...

Aug 29 2018

US And Mexico Reach Trade Deal To Replace NAFTA

The agreement tried to offset incentives to move production further offshore by requiring that 75 percent of vehicle contents have to be made in the United States, Mexico...

Aug 28 2018

President Trump Announces Renaming, Overhaul to NAFTA in 'Fairer' Deal with Mexico

But the agreement itself will mean little without Canada or congressional approval. "This is something that is very special for our manufactures and our farmers", Trum...

Aug 27 2018

The U.S. And Mexico Have Teamed Up To Cheat Canada

President Donald Trump said. But compared to the more dire possibilities-that Mr. Trump would pull the USA out of Nafta or, lacking congressional approval of that...

Aug 26 2018

Verizon slowed internet speed for first responders to fire

But in this case, officials have emphasized, homes and even lives were at stake. "In light of our experience, County Fire believes it is likely that Verizon will continu...

Aug 26 2018

Oil slips as trade dispute outweighs US stock decline

Brent crude oil futures were at $74.50 per barrel at 0105 GMT, up 7 cents from their last close. Around one hour after the report was released, West Texas Intermediate...