Stories about Finance

Aug 15 2018

Oil steady as emerging market woes dim demand outlook

Oil prices moved sharply lower on Monday after data suggested inventories at the USA crude delivery hub rose in the latest week, compounding worries that troubled emergin...

Aug 14 2018

Turkey lira crisis: Six things you need to know

The dispute between the North Atlantic Treaty Organisation allies - brought to a new intensity by Turkey's holding of an American pastor for two years - has raised ques...

Aug 14 2018

Earnings optimism, rebound in bank stocks lift Wall Street

They have iPhones , but on the other hand there are Samsungs. On Sunday, Erdogan lashed out at the United States, threatening to find new alliances and new markets. ...

Aug 14 2018

Tesla board forms committee to consider going private

Mashable Tech Editor Pete Pachal on the fallout from Tesla CEO Elon Musk's tweet about potentially taking the company private. While Musk used Monday's blog post...

Aug 14 2018

Vienna ranks as most liveable city in 2018 displacing Melbourne

The worldwide league table ranks 140 cities on a range of factors, including political and social stability, crime, education and access to healthcare. Osaka stands out e...

Aug 14 2018

Firefighter dies battling Northern California's Mendocino Complex blaze

The River Fire, the smaller of two blazes that make up the Mendocino Complex, has been mostly contained at almost 49,000 acres since Saturday, Cal Fire reported . The fi...

Aug 14 2018

Rupee hits lifetime low of 70 per dollar

This is the biggest single day fall for the rupee in the past five years. A weak trend in Asia coupled with sell-offs on Wall Street last week and a slump in the Tur...

Aug 14 2018

European stocks dips to three-week low as Turkey dents lenders

Prices fell earlier in the session by more than $1 a barrel after inventories at the Cushing, Okla., delivery hub for WTI rose by about 1.7 million barrels in the week th...

Aug 13 2018

Pound continues its slide on no-deal Brexit fears

Three-month sterling volatility rose to its highest since March. The pound is below $1.29 for the first time since 2017 and falling against the euro and yen. Risk rev...

Aug 13 2018

Who Will Fund Elon Musk's Tesla Takeover? It Could Be Saudi Arabia

Saudi Arabia's Public Investment Fund (PIF), the country's sovereign wealth fund, is in talks with Tesla about becoming a significant investor as part of the move towar...

Aug 13 2018

Senior Tesla engineer Doug Field rejoins Apple to work on Project Titan

They both were previously combining their efforts in engineering Apple's Mac line-up. Apple in a statement confirmed that it has reappointed Field, however, it deni...

Aug 13 2018

Trump threatens auto tariffs against Canada if trade talks fail

Pompeo spoke with Videgaray on August 8 and the two leaders talked about the importance of reducing irregular migration through Mexico and the region and discussed th...

Aug 12 2018

Anchorage woman recalls airport experience during plane theft at SeaTac

He told air traffic controllers: "Those guys will rough me up if I try and land there". "It's going to disappoint them to hear that I did this.Just a broken guy, got a ...

Aug 12 2018

Tesla CEO Musk taunts short sellers amid legal scrutiny

Musk announced on Twitter earlier this week that he was considering taking the electric carmaker private at a share price of $420 (£328.86) and total market value of $7...

Aug 12 2018

Trump authorizes doubling of tariffs on Turkey's steel, aluminum

Turkey's currency crisis spilled loudly on to the global stage Friday as other markets, including USA stocks, took at hit from concern about financial contagion to other...

Aug 12 2018

How major USA stock indexes fared Friday

The Dow and S&P 500 posted declines for the week following five straight weeks of gains, but the S&P 500 remains just 1.4 per cent below its record high from January ...

Aug 12 2018

House of Fraser bought by Sports Direct for £90m

The stores in Yorkshire that are set to close under the Company Voluntary Arrangement, which will require approval from creditors who will make their decision on June 22,...

Aug 12 2018

Authorities probe how airline employee could steal plane

The recordings were of radio communication between Russell and air traffic controllers. After a ride full of unsafe loop-the-loops moves and weird conversation with the...

Aug 12 2018

Tesla shares tank as SEC 'intensifying' probe into tweet

Prior to the tweet, shares closed Monday at $341.99. The computer system is called Hardware 3, and has apparently been designed so that it can be dropped into the Model S...

Aug 12 2018

Stolen Horizon Air plane crashes in Puget Sound island

He appeared to have acted alone and was suicidal, according to the local sheriff's department. It did not elaborate. "This is probably jail time for life, huh?" he ...