Rupee Drops on Speculation of Worsening RBI-Government Tension

Patel and other regulators, including the Securities and Exchange Board of India , the Insurance Regulatory and Development Authority and the Pension Fund Regulatory and Development Authority, met Jaitley and other top finance ministry officials... More..

by | Published more than a month ago
USA economy grows faster than expected in Q3
by | Tuesday, October 30, 2018

USA economy grows faster than expected in Q3

Although there was speculation that because of the 2017 Tax Cuts and Jobs Act, which slashed the corporate tax rate to 21 percent from 35 percent, GDP could grow as much as 5 percent each quarter, Hassett dis...More..

Billionaires saw wealth jump in 2017
by | Monday, October 29, 2018

Billionaires saw wealth jump in 2017

But Chinese billionaires expanded their wealth at almost double that pace, growing by 39% to $1.12 trillion. The growth rate in the whole of Apac was 32 percent. Of the global 199 self-made entrepreneurs who be...More..

Indonesian Lion Air passenger flight crashes into sea soon after take-off
by | Monday, October 29, 2018

Indonesian Lion Air passenger flight crashes into sea soon after take-off

Indonesian TV broadcast pictures of a fuel slick and debris field while debris including what appear to be aircraft panels and belongings, including a mobile phone, was collected by search crews . It replaced...More..

IBM buying North Carolina-based Red Hat in $34B deal
by | Monday, October 29, 2018

IBM buying North Carolina-based Red Hat in $34B deal

IBM and Red Hat have maintained an alliance for some 20 years under which a number of Red Hat products, including Linux and Kubernetes, are part of IBM's $19 billion hybrid cloud software and services busines...More..

Nasdaq confirms correction while S&P 500 and Dow erase 2018 gains
by | Sunday, October 28, 2018

Nasdaq confirms correction while S&P 500 and Dow erase 2018 gains

The Australian dollar is buying 70.63 U.S. cents, down from 70.99 United States cents on Wednesday. The Nasdaq closed down 12.4 percent from its August 29 record closing high, falling 4.4 percent for the day...More..

India Placed Oil Orders with Iran for November
by | Sunday, October 28, 2018

India Placed Oil Orders with Iran for November

Chief Executive Jeff Miller said its oil-producing clients were facing "budget exhaustion" and he expected some to take extended breaks from drilling new shale wells. "It can be seen that Iran's oil export ...More..

Tesla tanks on Consumer Reports reliability study
by | Sunday, October 28, 2018

Tesla tanks on Consumer Reports reliability study

The Model S was among 12 models to lose a Consumer Reports recommendation as a result of the reliability survey. Mazda experienced the largest increase from last year to this year, rising nine spots to ...More..

Patient gets in hospital lottery pool and wins $1 million
by | Sunday, October 28, 2018

Patient gets in hospital lottery pool and wins $1 million

Lamenting his bad luck and disappointment over not getting a ticket, Livingston was invited by hospital employees to join their pool. Livingston and his family were thrilled to hear the news and grateful that...More..

Tesla achieved profitability for Q3 2018
by | Saturday, October 27, 2018

Tesla achieved profitability for Q3 2018

The news comes as Tesla Chief Executive Elon Musk faces pressure to deliver consistent production numbers for the Model 3, seen as crucial to its profitability and ability to be a high-volume vehicle manufa...More..

Trump steps up attacks on Fed chairman Jerome Powell
by | Saturday, October 27, 2018

Trump steps up attacks on Fed chairman Jerome Powell

Federal Reserve Chairman Jerome Powell intensified his outreach to US lawmakers over the summer, a review of his public calendar shows, even as President Donald Trump stepped up his attacks on the Fed and ...More..

Saudi Arabia says Turkish evidence shows planned killing
by | Saturday, October 27, 2018

Saudi Arabia says Turkish evidence shows planned killing

Saudi Arabia's crown prince denounced on Wednesday the "repulsive" murder of journalist Jamal Khashoggi and vowed justice will prevail, in his first public comments on the case, without addressing U.S. Saudi ...More..

Numbers Announced In Record $1.6 Billion Mega Millions Jackpot
by | Saturday, October 27, 2018

Numbers Announced In Record $1.6 Billion Mega Millions Jackpot

The numbers drawn in Tuesday night's drawing were 5, 28, 62, 65, 70 and Mega Ball 5. Meanwhile, four $1 million tickets were sold in NY; three in Florida; and two each in Massachusetts, Michigan, North Ca...More..

There will be justice for Khashoggi, says Saudi crown prince
by | Friday, October 26, 2018

There will be justice for Khashoggi, says Saudi crown prince

State Department spokesman Robert Palladino says Washington welcomes the decision. It has emerged that Mr Khashoggi's son has left Saudi Arabia and is on his way to the United States . "His family should...More..

Google parent Alphabet misses Q3 revenue estimates amid slower ad sales growth
by | Friday, October 26, 2018

Google parent Alphabet misses Q3 revenue estimates amid slower ad sales growth

On a call with reporters, Amazon CFO Brian Olsavsky said about 400,000 employees will be affected by a promise made last month to bump the company's minimum wage to $15 an hour for all employees, including ...More..

Owner warns others to stop feeding 'gold-digging' dog McDonald's
by | Friday, October 26, 2018

Owner warns others to stop feeding 'gold-digging' dog McDonald's

Reyes even posted photographic evidence of the ruse by her sneaky dog sitting by a line of waiting cars at the local fast food joint. "She's just a gold diggin a- b-h that be acting like she's a stray so peop...More..

WWE Confirms Crown Jewel Is Still Planned To Take Place
by | Friday, October 26, 2018

WWE Confirms Crown Jewel Is Still Planned To Take Place

Turkish sources say authorities have an audio recording purportedly documenting the murder. According to an Elysee Palace readout of the conversation, Macron pressed his Saudi counterpart for more clarity o...More..

Central Intelligence Agency director in Turkey to investigate Khashoggi murder
by | Thursday, October 25, 2018

Central Intelligence Agency director in Turkey to investigate Khashoggi murder

This is a developing story . The shocking revelation comes on the same day that Turkish President Recep Tayyip Erdogan announced that Khashoggi's "ferocious murder" had been "planned", rejecting the Saudi e...More..

Khashoggi murder was repulsive, says Saudi Crown Prince
by | Thursday, October 25, 2018

Khashoggi murder was repulsive, says Saudi Crown Prince

Now Saudi officials tell the AP they did in fact send a team to Turkey that included a forensics expert and a member whose job was to dress in the 59-year-old writer's clothes and pretend to be him - though t...More..

Theresa May to face Tory backbenchers at 1922 Committee meeting
by | Thursday, October 25, 2018

Theresa May to face Tory backbenchers at 1922 Committee meeting

Staunch Brexiteer Mr Raab said that while the United Kingdom is "committed" to agreeing a backstop for NI in the event of a no-deal Brexit , he warned that the government "will not countenance" any customs or ...More..

Markets Right Now: Stocks plunge, erasing gains for the year
by | Thursday, October 25, 2018

Markets Right Now: Stocks plunge, erasing gains for the year

Despite signs of weakness in the housing market, the USA economy appears to be very strong . Caterpillar and 3M slumped Tuesday after the companies warned of rising costs. Volatility in USA markets has weighed...More..

Apple and Samsung fined over performance-throttling software updates
by | Thursday, October 25, 2018

Apple and Samsung fined over performance-throttling software updates

Now Apple and Samsung have been fined huge amounts - well, to us, not them - for deliberately slowing their phones down. Apple was hit with an additional 5 million euro fine for failing to give clients clear ...More..

Winning ticket sold in $1.6bn USA lottery
by | Thursday, October 25, 2018

Winning ticket sold in $1.6bn USA lottery

The Mega Millions jackpot returns to $40 million with a cash option of $22.8 million for Friday's drawing. Lawmakers say anonymity can protect winners from being targeted by criminals and unscrupulous people ...More..

by | Thursday, October 25, 2018

Italy's budget rejected by European Commission

The Commission wants Rome to deliver a budget deficit equal to no more than 0.8% of GDP next year, a commitment made by the previous Italian government. The bloc is concerned that markets could lose trust in de...More..

Mega Millions Now $1.6 Billion, Biggest Jackpot in History
by | Wednesday, October 24, 2018

Mega Millions Now $1.6 Billion, Biggest Jackpot in History

There have been 25 drawings without a jackpot victor since then, but there have been more than 34.4 million winning tickets sold across the game's nine prize levels. "I'll never win, but you gotta give i...More..

Trump says Saudis staged 'worst cover-up ever' on Khashoggi
by | Wednesday, October 24, 2018

Trump says Saudis staged 'worst cover-up ever' on Khashoggi

Turkish authorities claim to have an audio recording that confirms the father-of-four was tortured, killed and had his fingers cut off. On Tuesday afternoon, President Trump declared the Khashoggi "cover-up"...More..

Oil down 3 percent as Saudi Arabia eases concerns, Wall St drops
by | Wednesday, October 24, 2018

Oil down 3 percent as Saudi Arabia eases concerns, Wall St drops

Forecasters such as the International Energy Agency already expect slower oil-demand growth for 2019 due to a slowing economy. In addition, the Saudi stock market has continued to incur "severe" losses for ...More..

Saudis offer Pakistan $6bn rescue package to ease economic crisis
by | Wednesday, October 24, 2018

Saudis offer Pakistan $6bn rescue package to ease economic crisis

Khan said that his government is approaching the International Monetary Fund and the friendly countries to seek loans to plug the financial gap. Speaking at the high-profile Future Investment Initiative for...More..

Numbers drawn in record US$1.6b Mega Millions lottery
by | Wednesday, October 24, 2018

Numbers drawn in record US$1.6b Mega Millions lottery

With a record $1.6 billion on the line, the winning numbers for the Mega Millions lottery jackpot on Tuesday, Oct. 23 are: 5, 28, 62, 65, 70 and the Mega Ball is 5 . Even highly taxed states like NY show fig...More..

by | Tuesday, October 23, 2018

Jamal Khashoggi: Turkish President says Saudi officials planned 'murder' of journalist

Turkish President Recep Tayyip Erdogan said on Tuesday that the killing of Saudi journalist Jamal Khashoggi was "savagely planned" by the Saudis. "Countries around the world need to know that there are th...More..

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