• Riyadh threatens retaliation for 'actions' against it over missing journalist
Riyadh threatens retaliation for 'actions' against it over missing journalist

Mr. Khashoggi , a columnist for The Washington Post , has not been seen since October 2, when he walked into the Saudi consulate in Istanbul , Turkey . "If he makes a genuine contribution to the efforts to reveal what happened inside the Saudi consulate in Istanbul that day, I will consider accepting his invitation".

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  • No Mega Millions Winner, Jackpot Jumps To $654 Million
No Mega Millions Winner, Jackpot Jumps To $654 Million

No one has won since July. The lump sum option for that jackpot pays $179.4 million. A lucky player could soon overcome remarkably bad odds to win the ninth-largest lottery jackpot in USA history. The drawing is at 10:59 p.m. Friday night and you can buy tickets up until 10:45 p.m.at retailers or online . The Mega Millions jackpot is appro...

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  • James Murdoch may replace Musk as Tesla chairman
James Murdoch may replace Musk as Tesla chairman

Mr Musk agreed to give up the chairmanship last month to resolve claims of fraud brought by U.S. financial regulators. He stepped down from the board of Sky Plc on Tuesday following the completion of Comcast's takeover. But spokesman for Tesla, Kamran Mumtaz, said that these reports were false. If developed, the drink would not be the first time ...

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  • China’s trade surplus with USA hits record high of US$34 billion
China’s trade surplus with USA hits record high of US$34 billion

China is well-known as a resting place for state-owned corporate zombies. On Wall Street, the Dow Jones Industrial Average jumped 305 points, or 1.2 per cent, in late-morning trading, and the Nasdaq composite surged 138 points, or 1.9 per cent.

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  • Sudden jump in United States interest rates prompts Wall Street stock plunge
Sudden jump in United States interest rates prompts Wall Street stock plunge

United States stocks notched solid gains in the third quarter as investors brushed aside worries about trade wars and focused on strong corporate earnings and solid USA economic data. "The U.S. market sell-off last night spooked sentiment and rekindled memories of similar trading sessions at the beginning of this year", Medha Samant, investment dir...

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  • WaPo: Saudi Prince Ordered Operation to Lure Khashoggi to Saudi Arabia
WaPo: Saudi Prince Ordered Operation to Lure Khashoggi to Saudi Arabia

Asked in a telephone interview with Fox News Channel late on Wednesday whether Saudis were responsible for Khashoggi's disappearance or death, Trump said: "I guess you would have to say so far it's looking a little bit like that and we're going to have to see".

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  • New Reports Add Detail To Disappearance Of Saudi Journalist Jamal Khashoggi
New Reports Add Detail To Disappearance Of Saudi Journalist Jamal Khashoggi

A pro-government Turkish newspaper has published the names and photographs of 15 Saudi nationals who allegedly arrived in Istanbul on board two private jets the day journalist Jamal Khashoggi went missing. Almost two hours later, the video shows two vehicles with diplomatic plates -a luxury black sedan and a black Mercedes VITO van- leave through...

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  • International Monetary Fund predicts 7.3% growth rate for India in current fiscal year
International Monetary Fund predicts 7.3% growth rate for India in current fiscal year

The ongoing trade war between the USA and China could start having material effects on the economies of both countries within the coming years, according to new projections from the International Monetary Fund ( IMF ). Despite some cause for positivity however, the International Monetary Fund has also suggested Switzerland's economy may slow do...

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  • Tropical Storm Michael expected to slam into Florida as hurricane
Tropical Storm Michael expected to slam into Florida as hurricane

Michael has strengthened into a hurricane and is forecast to strike the northeast Florida coastline as a Category 3 with unsafe storm surge flooding , destructive winds and flooding rainfall . Tallahassee Mayor Andrew Gillum, who is also the Democratic gubernatorial candidate in the November 6 elections, said on Sunday he was cancellin...

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  • Amazon Cuts Some Pay Incentives As It Raises Minimum Wage
Amazon Cuts Some Pay Incentives As It Raises Minimum Wage

According to a survey of job postings, starting pay for such workers can be as low as $10 an hour or as high as $14. - Amazon made a big splash this week with its $15 an hour minimum wage announcement, but lost in the fine print: Existing warehouse workers will no longer receive stock in the company or collect bonuses.

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  • May: no-deal Brexit would mean tariffs
May: no-deal Brexit would mean tariffs

And you've got to wonder if there might be a compromise down the line, although that could be embarrassing given the kind of speech that she just gave. "It is in the national interest", she told the conference Wednesday. "Austerity is not an economic necessity". Instead choosing to focus on the Conservative domestic record in government , the ...

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  • Trump says tensions with Canada's Trudeau 'all worked out'
Trump says tensions with Canada's Trudeau 'all worked out'

The unprecedented attacks on America's closest ally left a bitter taste. Mr Trump spoke after earlier posting tweets claiming the new trade pact solved the "deficiencies and mistakes" in Nafta , which has governed trade between the three countries since 1994.

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  • SEC alleges Tesla CEO Musk's Tweets violated federal securities law
SEC alleges Tesla CEO Musk's Tweets violated federal securities law

The SEC has responded by denying any plans for a name change , but won't be drawn on the content of the Tweet. "Mr. Musk has excellent attorneys", said Marc Leaf, a partner at Drinker Biddle & Reath in NY who used to work for the SEC as an adviser to a commissioner.

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  • Government Announces Relief On Fuel Prices By Reducing Excise Duty
Government Announces Relief On Fuel Prices By Reducing Excise Duty

Both petrol and diesel were settled at Rs 88.97 a litre and Rs 81.99 a litre respectively. After you announced Rs 5/litre, implement it instead of giving just Rs 4.37/litre... Global fuel prices, however, have been on the rise with the worldwide benchmark Brent crude nearing a four-year high of $86 per barrel earlier this week.

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  • Saudi Aramco to boost oil capacity by 550,000bpd in Q4
Saudi Aramco to boost oil capacity by 550,000bpd in Q4

Oil futures extended their rally on Monday, hitting their highest levels since November 2014, as US sanctions on Iran come into force and a North American trade deal fosters growth. "At the United Nations, Trump said that OPEC is to blame for increasing oil prices and it had increased the prices so it needs to increase oil production".

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  • More stock whiplash as Tesla rebounds after Musk settlement
More stock whiplash as Tesla rebounds after Musk settlement

In a statement , the SEC added that the settlements are subject to court approval and that they would also require comprehensive corporate governance and other reforms at Tesla . Both sides agreed to a settlement over the weekend, which requires Musk to step down as the firm's chairman for at least three years , although he will be allowed to st...

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  • Facebook: 'View as' feature opened 50M accounts to hackers
Facebook: 'View as' feature opened 50M accounts to hackers

Almost 50 million Facebook users are victims of a massive security breach . In addition, the Mark Zuckerberg-led company said it is taking the precautionary measure of resetting access tokens for another 40 million accounts that were "subject to a " View As " look-up in the previous year", bringing the total to 90 million accounts who ...

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  • General Electric Company (GE) Stock
General Electric Company (GE) Stock

GE Power's current goodwill balance is about US$23 billion and the goodwill impairment charge is likely to constitute substantially all of this balance, the company said. Mr Culp said: "GE remains a fundamentally strong company with great businesses and tremendous talent". The problems deepened in the past two years as GE faced cash-flow shortfalls...

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  • Elon Musk Is Having a Very Bad Week. So Are Tesla Investors
Elon Musk Is Having a Very Bad Week. So Are Tesla Investors

Sources familiar with the matter tell CNBC that the deal would have allowed Tesla and Musk to pay a nominal fine. Tesla has always weathered these storms, and its continued ability to stay afloat amid these challenges is enough to convince many that the electric auto company will be around for a while yet.

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  • Trump Is
Trump Is "Main Culprit Of Oil Price Hikes, Market Destabilisation": Iran

Iran is the third biggest producer of oil in the Organization of the Petroleum Exporting Countries (OPEC). In addition to ripping U.S. foes such as Iran and Venezuela, President Donald Trump took direct aim at America's Gulf allies during his speech at the UN General Assembly meeting today.

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  • Wait, Is Michael Kors Buying Versace?
Wait, Is Michael Kors Buying Versace?

Another measure both brands should take is also separating Michael Kors (the founder) from this process (at least publicly) to help in quelling some of the negative sentiment surrounding the move. Donatella Versace , sister of late founder Gianni, became the fashion house artistic director and vice-president after Gianni was was murdered in Miami B...

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  • Gold Prices Fall As US-China Trade Spat Intensifies
Gold Prices Fall As US-China Trade Spat Intensifies

As the trade war has raged on and tariffs have been slapped on more and more U.S. imports from China, U.S. consumer goods have been feeling more of the pain. On the contrary, Bank of America Merrill Lynch has forecasted that the trade war will damage the United States economy, resulting in the bullion to reach an average valuation of $1,350 an ounc...

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  • Blow to Facebook as Instagram co-founders quit
Blow to Facebook as Instagram co-founders quit

The co-founders didn't reveal any specifics about their future plans other than the fact that they intend on taking some time off to explore their "curiosity and creativity again". A Bloomberg Intelligence analysis in June said Instagram is worth more than $100 billion. Some inside Instagram feel as though Facebook is failing to promote Instagr...

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  • Indian flight returns after passengers ill by pressure loss
Indian flight returns after passengers ill by pressure loss

A complaint was lodged against Jet Airways staff and crew members of Mumbai-Jaipur flight No. 9W 0697 for dereliction of duties amounting to attempt of murder of travelers on board. All guests were deplaned safely. "First aid was administered to few guests who complained of ear pain, bleeding nose etc". The minister has directed officials conce...

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  • India engages with US to ensure energy security amid Iran sanctions
India engages with US to ensure energy security amid Iran sanctions

India will Import Iranian Oil but how that is what Delhi is exploring. However, India has been appraising the USA about its energy requirement to fuel its economy as well as the importance of Iranian oil. The EU has been discussing with India that it was in the process of coming out with a payment solution as using U.S. dollars for oil purchase...

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  • Up to 3000 Amazon Go stores may be on the way
Up to 3000 Amazon Go stores may be on the way

Amazon opened its first Amazon Go store in its hometown of Seattle in 2016. Since then , the company has opened two more Seattle sites and one in Chicago, and has confirmed plans for San Francisco and NY stores. Going from just four locations to 3,000 in a few years would constitute a massive jump and make Amazon a leading convenience store...

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  • New growth drivers break new ground for Chinese economy: Premier Li
New growth drivers break new ground for Chinese economy: Premier Li

The US remains open to negotiations but China must show it's seriously willing to make systemic economic changes, the senior administration officials said on Monday. "As president, it is my duty to protect the interests of working men and women, farmers, ranchers, businesses, and our country itself", Trump said in a statement.

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  • Coke eyes cannabis-infused drink market
Coke eyes cannabis-infused drink market

Coca-Cola insisted " no decisions have been made at this time " and said it would not comment on further speculation. The Bloomberg report follows other deals between USA beverage companies and pot producers in Canada , where recreational use of marijuana becomes legal next month across the country, followed by consumable forms of the drug nex...

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  • Typhoon Mangkhut pounds south China after killing 64 in Philippines
Typhoon Mangkhut pounds south China after killing 64 in Philippines

Groceries flew off the shelves of supermarkets in the provincial capital of Guangzhou as residents stocked up in preparation for being confined at home by the typhoon , China's official Xinhua News Agency said . "They [authorities] said this typhoon is twice as strong as the last typhoon, that's why we are terrified", Myrna Parallag, 53, told...

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  • Sydney-bought strawberries contaminated with needles, NSW police confirm
Sydney-bought strawberries contaminated with needles, NSW police confirm

In Queensland , these are the only three brands which have been confirmed as contaminated. A $100,000 reward has reportedly been offered for information leading to the arrest and conviction of Australia's strawberry spikers, amid fears up to six brands may have been contaminated with needles and pins.

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  • FDA Threatens to Ban E-Cigarettes If Teenagers Keep Using Them
FDA Threatens to Ban E-Cigarettes If Teenagers Keep Using Them

FDA Commissioner Scott Gottlieb called the agency's steps the largest coordinated enforcement effort in his agency's history and said it was prompted by alarming new evidence that electronic cigarette use by minors has risen to levels he called "simply not tolerable".

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  • Claiming credit for USA economic recovery
Claiming credit for USA economic recovery

He pointed out it was the first time in 10 years that GDP growth exceeded the unemployment rate. Actually, about Fox News , Obama White House Communications Director Anita Dunn told The New York Times in 2009, "We're going to treat them the way we would treat an opponent ".

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  • Scores of passengers taken ill on flight to NY
Scores of passengers taken ill on flight to NY

Customs and Border Protection officials told NBC San Diego that the sick passengers all originated from Mecca, Saudi Arabia, where there was recently a flu outbreak. The plane, a double-deck Airbus 380, was taken to a location away from the terminal so emergency officials could evaluate the situation, Port Authority of NY and New Jersey officia...

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  • Did Insider Trading Drop The Market?
Did Insider Trading Drop The Market?

Though it is an unexplained market behavior, there are experts thinking that it's panic selling that has triggered the situation. Right in line with the post-Labor Day Weekend tech sell-off occurring in the stock market, Bitcoin's price has also dropped the last 24 hours as the digital currency has lost over 12% of its value.

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  • Trump says Apple can avoid tariffs by shifting production to US
Trump says Apple can avoid tariffs by shifting production to US

The yuan sunk almost 9 percent against the USA dollar from April through July, according to China's Wind Information data. "Our concern with these tariffs is that the U.S. The tariffs would pressure China to stop that behaviour, the administration has said. The suggestion that Apple could easily move all of its manufacturing to the US doesn't q...

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