Stories about Finance

Dec 09 2018

Skoda Scala makes global debut - Sits between Rapid and Octavia

Skoda is going upscale in Europe's compact auto segment with the Scala hatchback, which will go on sale in the first half of next year. It also comes with a wheelbase 2,...

Dec 08 2018

Altria investing $2.4B in Cronos cannabis producer

Altria also will receive warrants, which, if exercised, would increase its ownership to 55% and provide an additional CA$1.4 billion in proceeds for the integrated marij...

Dec 08 2018

Australia’s new anti-encryption laws are bad news for Apple

On Thursday, Australia's parliament passed the most expansive bill of all Western countries that could force major United States tech companies such as Google , Ap...

Dec 08 2018

‘I Love You, Too’: George H.W. Bush’s Final Words To Son

Trump also announced that he'll be sending one of the Boeing 747s that serves as Air Force One to Houston to transport Bush's casket to Washington, D.C. Other details reg...

Dec 08 2018

Stock markets will close on Wednesday to honor George H.W. Bush

His accomplishments were great from beginning to end. A state funeral is also being arranged. Bush wasn't well enough to attend the event, so Mulroney paid the former p...

Dec 08 2018

Aston Martin to offer reversible EV conversions for its classics

They've actually gone and done it already too, with an old 1970 DB6 MkII Volante the first to benefit from having the vrooming bits removed and replaced by the "casse...

Dec 08 2018

Five stars in the Euro NCAP crash test

It must be noted, the Euro NCAP awarded this rating despite the Wrangler's ideal score on side-impact tests. Armed with a seatbelt reminder and a simple driver-set ...

Dec 07 2018

China promises prompt action on U.S. trade pact

US President Donald Trump and Chinese President Xi Jinping agreed on 1 December on a truce in their escalating trade war during their meeting on the sidelines of the...

Dec 07 2018

German yield spread tightest since 2017 as USA curve flattens

That is to say, almost everyone is convinced the two-year to 10-year if not the 3-month to 10-year spread will invert. The greenback rose 0.32 percent against the Japan...

Dec 07 2018

China's State Media Offers Some Clarity on U.S. Trade Deal

According to the White House , the USA will still keep in place $200 billion of tariffs on Chinese imports but will not increase those tariffs from 10 percent to 25 perc...

Dec 07 2018

These are the 10 best places to work in 2019

Facebook , which has been on the list for the past nine years, has seen a drop in its ranking before, such as a drop from No. 5 to No. 13 between 2014 and 2015. Among...

Dec 07 2018

Get a Burger King Whopper for only a penny

Burger King is celebrating their newly revamped mobile app by offering Whopper sandwiches for just one-cent each - but you'll have to go to a McDonald's restaurant fi...

Dec 07 2018

How major USA stock indexes fared Tuesday

The Nasdaq composite lost 283.09 points, or 3.8 percent, to 7,158.43. The VIX Volatility Index was higher at 20.59 for a gain of 4.15 points or 25.24%. Apple shares fell ...

Dec 07 2018

Trade war fears trigger markets bloodbath

They say Beijing is trying to press Canada where it might sense vulnerability - Ottawa's own strained relations with the Trump administration in Washington over tariffs...

Dec 06 2018

How arrest of Huawei Technologies CFO extends troubled history with US

Just hours before it was reported that Meng had been arrested , British Telecom revealed it would be removing Huawei equipment from the core of its 3G and 4G mobil...

Dec 06 2018

RBI keeps key policy rates on hold as uncertainties loom

RBI said inflation in the second half of the current fiscal is projected at 2.7-3.2 percent. According to Section 7 (1) in The Reserve Bank of India Act, 1934, "The...

Dec 06 2018

Oil prices skid amid global stock market slump, swelling United States supply

Saudi Arabia is hoping Russian Federation, one of OPEC's most important allies, cuts down its production by about 250,000 barrels per day, but Russian Federation wants t...

Dec 06 2018

Ted Baker staff speak out against culture of 'forced hugging'

VietJet Air said it has suspended the two pilots, but did not reveal their names. "Plenty of people might have sat on Ted Baker's knee". The company initially gave a ...

Dec 06 2018

Alberta oil cuts may not mean spike at the pump in BC

Alberta's decision to mandate output cuts to reduce a supply glut will have negative effects on North American producers of lighter oil used for blending and USA refin...

Dec 06 2018

Huawei CFO arrested, faces extradition to U.S.

She is being sought for extradition by the United States , he said. USA authorities have been probing Huawei's alleged shipping of American-origin products to Iran in ...