Stories about Finance

Mar 06 2019

China Agrees to Tesla Remedy for Model 3 Customs Block

Shanghai Customs is now holding 1,600 of the brand's Model 3 cars, after some of the vehicles lacked product labels that would make them legal on the Chinese market. Tesl...

Mar 06 2019

Papa John's, Schnatter reach settlement agreement

In turn, Schnatter will withdraw his lawsuit against Papa John's . John Schnatter will resign from the board of directors for Papa Johns as part of a settlement betw...

Mar 06 2019

Indonesia, Australia signal long-awaited commerce deal

The move to further the trade relations between the two countries was announced last August and an agreement was expected to be signed by 2018 end. It will need to be rat...

Mar 06 2019

Body of missing Sydney dentist found in suitcase

CCTV footage showed Dr Reddy inside McDonald's at the Strand Arcade in the Sydney CBD at 2:15am on Sunday morning. SMH reports that police confirmed Reddy's ex-boyfri...

Mar 05 2019

Anonymous Winner Claims $1.5 billion Mega Millions jackpot

They even mentioned that they let another customer go ahead of them in line to buy a Mega Millions ticket before them. The commission also revealed the victor "marvels ...

Mar 05 2019

Bugatti unveils world's most expensive new auto

It's a trend we're seeing repeated at Ferrari, Lamborghini, Aston Martin and McLaren, as they build ever-smaller runs of bespoke cars to cater for the rich list's whims...

Mar 05 2019

Carlos Ghosn: Former Nissan boss granted bail at 1 billion yen

Prosecutors have defended his detention while they investigate three charges of financial misconduct, two involving alleged under-reporting of his salary and a third over...

Mar 05 2019

Lyft’s IPO filing shows revenue surge, escalating expenses & losses

Lyft reported revenue was $343.3 million, $1.1 billion and $2.2 billion in 2016, 2017 and 2018, respectively, representing year-over-year growth of 209% from 2016 to 2017...

Mar 05 2019

Jobs in doubt as Tesla shifts sales online to cut costs

Those dealers have amassed, in some cases, vast political capital with local lawmakers, and Tesla has spent years battling in statehouses across the United States for t...

Mar 05 2019

Donald Trump plans to end India's preferential trade treatment

In his letter, Trump said he would "continue to assess whether the Government of India is providing equitable and reasonable access to its markets", under the terms of th...

Mar 05 2019

Southwest Airlines Launches Flights to Hawaii

Last month, the airlines completed its first test flight to Honolulu International Airport with only crew aboard as part of Southwest's effort to prove to the agency it...

Mar 05 2019

White House's Hassett says progress in China trade talks

The talks have however progressed to the extent that a formal agreement could be reached at a summit between President Trump and Chinese President Xi Jinping , probably ...

Mar 04 2019

Stocks jump on signs US, China close to trade deal

He also delayed previously scheduled plans to impose 25 per cent tariffs on Chinese goods. The two countries called a 90-day truce on hostilities in December to allow for...

Mar 04 2019

Volvo to Limit Cars' Speeds to 110 Miles Per Hour by 2020

The top speeds of Volvo's current models range from 190kph to 250kph. Volvo referenced the limitations of technology to prevent accidents and injuries above certain spe...

Mar 04 2019

Jackpot winning Mega Millions ticket sold in NJ

The victor has one year from the date of the drawing to file a claim.The Mega Millions jackpot resets to $40,000,000 for the next drawing to be held Tuesday, March 5 at 1...

Mar 04 2019

Tesla will finally unveil its new Model Y crossover SUV

The brand launched its official Kiwi distributorship back in February 2017. The company said it plans on closing many of its locations, only keeping open a select number ...

Mar 04 2019

Victoria’s Secret: Shops closing amid poor vacation gross sales

Gap said Thursday that it would close 230 namesake stores over the next two years as it reported that the brand's same-store sales fell 7% during the holiday quarter. B...

Mar 03 2019

Brexit preparations help Irish manufacturing recover from two-year low-PMI

Any reading over 50 is deemed growth. Stocks of purchases in the sector have risen in 11 of the past 12 months - and February saw the biggest jump in purchasing activit...

Mar 03 2019

Aston Martin Valkyrie's V-12 Confirmed to Produce 1160 Earth-Shattering Horsepower

While Aston Martin has happily revealed all about the Valkyrie's astonishing Cosworth-built N/A V12 , the hybrid part of the equation has remained a mystery. By placin...

Mar 03 2019

Tech Shares Push Indexes Higher; Crude Oil Tumbles: Markets Wrap

It will increase the inclusion factor of Chinese large-cap stocks to 20% from the current 5%, with increments of 5 percentage points each in May, August and November. M...