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Versace rumoured to be Going on Sale soon

Versace rumoured to be Going on Sale soon

The news of the imminent Versace sale was first reported by Italian daily Corriere della Sera earlier on Monday. Last year, Michael Kors bought luxury shoe brand Jimmy Choo for $1.2 billion . And...

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Oil prices slip as Trump calls on Opec to lower prices

Oil prices slip as Trump calls on Opec to lower prices

This question could be answered this week-end when OPEC and other producers including Russian Federation meet on Sunday in Algeria to discuss how to allocate supply increases within their quota fr...

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Oil prices drop as escalating trade war clouds demand outlook

Oil prices drop as escalating trade war clouds demand outlook

In addition to these obvious supply issues, trade disputes and financial woes in emerging market countries may affect crude demand. But the current calm could be short-lived in light of the intensif...

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Jet Airways Passengers Bleed From Ears as Pilots ‘Forget’ Cabin Pressure

Jet Airways Passengers Bleed From Ears as Pilots ‘Forget’ Cabin Pressure

The drop in cabin pressure forced the pilots to return to the Mumbai airport, where five passengers underwent medical examination. In a statement , Jet Airways concedes the plane had to retur...

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Dena, Vijaya, BoB to merge and form country’s 3rd largest bank

Dena, Vijaya, BoB to merge and form country’s 3rd largest bank

The banks' boards will shortly meet and take a decision, Jaitley added. The Narendra Modi-led NDA government has made a decision to merge three nationalised banks together, Financial Services Secret...

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No-deal Brexit 'would entail substantial costs'

No-deal Brexit 'would entail substantial costs'

Former foreign minister Boris Johnson, who quit in July in protest at the Chequers plan, launched a fresh attack on it in his weekly newspaper column on Monday. Khan's comments come on the same day ...

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Never gave Vijay Mallya any appointment: Arun Jaitley

Never gave Vijay Mallya any appointment: Arun Jaitley

Refuting Mr. Mallya's claim , Mr. Jaitley had said he had never given him an appointment since 2014, but he used his privilege as a Member of Parliament to accost him once in Parliament. While the tr...

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British Airways says customer data stolen in data breach

British Airways says customer data stolen in data breach

Alex Neill of Which? said: "British Airways customers will be concerned to hear about this data breach". But U.K. information regulators could end up fining British Airways over the breach. Cruz sai...

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Amazon Joins Apple in $1 Trillion Club

Amazon Joins Apple in $1 Trillion Club

As of writing, Amazon's market cap is sitting pretty at $994.75 billion; it's nearly a certainty that the company's valuation will top $1 trillion again relatively soon. Amazon - founded as an online ...

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Ayanna Pressley's Surprise Upset Shows Women Of Color's Power In Democratic Politics

Ayanna Pressley's Surprise Upset Shows Women Of Color's Power In Democratic Politics

Trump has angered Democrats with comments describing immigrants as criminals, attacks on black professional athletes protesting against racism and Twitter slaps at female politicians. From Andrew Gill...

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Petrol, diesel prices hit new highs, rise for 9th consecutive day

Petrol, diesel prices hit new highs, rise for 9th consecutive day

Petrol prices went up by Rs 2.17 per litre since August 16, while diesel rates climbed by Rs 2.62. The price build-up of petrol in Delhi includes excise duty of ₹19.48, dealer commission of ₹...

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China-Africa summit: Xi denies money being spent on vanity projects

China-Africa summit: Xi denies money being spent on vanity projects

Speaking to Xinhua in his office in the capital Monrovia, the president said Liberia will seek opportunities at the summit in Beijing . The summit will conclude with the signing of a declaration an...

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LEGO just made a drivable Bugatti with a million pieces

LEGO just made a drivable Bugatti with a million pieces

We've seen incredible, massive LEGO builds before, including wonderful cars, but the LEGO Technic team has moved the standard for impressive assemblies forward-literally. Tires and wheels were sup...

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Details of the Preliminary US-Mexico Trade Deal, at a Glance

Details of the Preliminary US-Mexico Trade Deal, at a Glance

On her way into more talks with the Americans, Freeland said that her team had worked into the evening last night on some of the proposals still in play and she would be discussing Canada's positi...

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99.3% Of Demonetised Currency Notes Returned To Banks So Far: RBI

99.3% Of Demonetised Currency Notes Returned To Banks So Far: RBI

Interestingly, compared with the previous year, there was an increase of 35 per cent in counterfeit notes detected in the denomination of Rs 100 , while there was a noticeable increase of 154.3 per...

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Mexico trade deal near; Nafta hurdles seen easing, says Trump

Mexico trade deal near; Nafta hurdles seen easing, says Trump

Now, the United States , Canada and Mexico can resume talks on pressing issues of trilateral concern, such as demands by the United States that a new pact remove the old agreement's investor-stat...

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Selling Pressure: Dollar suffers after Trump’s comments

Selling Pressure: Dollar suffers after Trump’s comments

Atlanta Fed President Raphael Bostic said on Monday he was maintaining his expectation for one more interest rate hike this year, as trade tensions and global events add some downside risk to an o...

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PepsiCo Bets on Healthy, Eco-friendly With SodaStream Buy

PepsiCo Bets on Healthy, Eco-friendly With SodaStream Buy

PepsiCo said it was acquiring all SodaStream's outstanding shares at $144 USA per share, a 32 per cent premium to the 30-day volume weighted average price . According to The Wall Street Journal , "...

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Ankara: Shots fired at USA embassy in Turkey

Ankara: Shots fired at USA embassy in Turkey

The embassy is closed this week for a public holiday to mark the Islamic Eid al-Adha festival. The attack took place at 5.30 a.m. local time when six shots were fired from a white vehicle at the U.S...

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JIM CRAMER: Elon Musk should take medical leave from Tesla (TSLA)

JIM CRAMER: Elon Musk should take medical leave from Tesla (TSLA)

Musk admitted in an interview with The New York Times that stress is taking a heavy toll on him. Efforts are also under way to recruit an executive to take some pressure off Musk, the newspaper sa...

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China Files WTO Complaint over U.S. Solar Tariffs

China Files WTO Complaint over U.S. Solar Tariffs

The Trump administration in January announced it was imposing "Safeguard tariffs" over four years, with a 30 percent tariff in the first year reduced gradually to 15 percent in year four. Both the saf...

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US Treasury Secretary Hints at More Sanctions for Turkey

US Treasury Secretary Hints at More Sanctions for Turkey

Turkey's currency, which had recovered from record losses against the dollar earlier in the week, was down about 6 percent against the dollar on Friday, at 6.17. The currency lost almost 40 percent ag...

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Erdogan, Macron vow to foster trade ties: Turkish presidency

Erdogan, Macron vow to foster trade ties: Turkish presidency

In the months preceding the blockade Turkish companies were handling projects worth about $11.6bn in Qatar, most of which is put into FIFA World Cup 2022 projects, according to Qatar Chamber. Presiden...

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Turkey doubles tariffs on some US imports; lira rallies

Turkey doubles tariffs on some US imports; lira rallies

The Turkish lira plummeted to a record low on Monday, losing almost 40 percent of its value since the start of 2018. Turkey's president appeared to escalate a dispute with the United States that h...

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Nigerian oil steady despite emerging market woes, dim demand outlook

Nigerian oil steady despite emerging market woes, dim demand outlook

Crude stocks at the Cushing, Oklahoma, delivery hub rose by 1.6 million barrels, the API said. Chinese oil importers now appear to be shying away from buying US crude oil as they fear Beijing may de...

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Italy bridge operator focus of anger as collapse death toll rises

Italy bridge operator focus of anger as collapse death toll rises

Di Maio, who leads the anti-business 5-Star Movement party that is part of Italy's coalition government, also took a swipe at the Benetton group, which controls Autostrade SRL through its Atlantia...

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Turkey raises tariffs on some US imports, escalates feud

Turkey raises tariffs on some US imports, escalates feud

President of Turkey and the leader of the Justice and Development Party (AK Party) Recep Tayyip Erdogan. "If they have the iPhone, there is Samsung elsewhere. currency. In a televised speech e...

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Firefighters gain on major California blazes as heat wave breaks

Firefighters gain on major California blazes as heat wave breaks

California Gov. Jerry Brown declared a state of emergency for Orange and Riverside counties, and several school districts have canceled classes due to fire warnings and unhealthy air quality. Drape...

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Timeline: Main events in Tesla's history as a public company

Timeline: Main events in Tesla's history as a public company

They have frequently been the target of Musk's ire, and in announcing the plan this week he cited the advantage of getting away from short-term pressures and the "wild swings" in the stock price. USA ...

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Turkey to boycott United States electronic products, Erdoğan says

Turkey to boycott United States electronic products, Erdoğan says

The lawyer representing an American pastor held in Turkey has renewed an appeal for his release from house arrest. Mr Brunson's lawyer Ismail Cem Halavurt on Tuesday appealed again to a Turkish co...

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Erdogan Warned US That Turkey May Find 'New Friends'

Erdogan Warned US That Turkey May Find 'New Friends'

On Friday that relentless slide turned into a crash: the lira dropped as much as 18 per cent, hitting United States and European stocks as investors took fright over banks' exposure to Turkey . "Imme...

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Tesla CEO Musk taunts short sellers amid legal scrutiny

Tesla CEO Musk taunts short sellers amid legal scrutiny

Recently, Tesla CEO Elon Musk tweeted he was considering taking the company private and had secured funding for the same. The country's Public Investment Fund, which has built up a stake of near...

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China hits back at United States with $60bn tariff threat

China hits back at United States with $60bn tariff threat

China is willing to resolve differences with the United States "on the basis of an equal footing and mutual respect", China's top diplomat said after meeting US Secretary of State Mike Pompeo. The d...

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Facebook denies report that it’s coming for your financial data

Facebook denies report that it’s coming for your financial data

Facebook has reportedly held talks with Chase, Wells Fargo , Citigroup and US Bancorp over the past year to discuss the possibility of new features, such as fraud alerts or showing account balances...

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Payrolls rise 157,000 in July

Payrolls rise 157,000 in July

With revisions, job gains have averaged 224,000 a month over the past three months. Many business leaders have warned that the standoffs with China , the European Union and other major trading part...

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Iran Guards says it held Gulf drills as U.S. tensions rise

Iran Guards says it held Gulf drills as U.S. tensions rise

Last month, Iran's Supreme Leader Ayatollah Ali Khamenei backed President Hassan Rouhani's suggestion that Iran may block Gulf oil exports if its own exports are stopped. Following Trump's decision ...

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China unveils additional retaliatory tariffs on $60bn of USA goods

China unveils additional retaliatory tariffs on $60bn of USA goods

Wang Yi, the Chinese government's top diplomat, said USA efforts to pressure China would be in vain, urging its trade policymakers to "calm down". But the move drew swift condemnation from USA busin...

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Sales tax free shopping coming this weekend

Sales tax free shopping coming this weekend

It wasn't a holiday from work, but the sales tax holiday weekend in Tennessee has many retailers smiling today. The list of tax-exempt items includes: ice packs, most batteries, portable radios,...

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Apple becomes world's first trillion-dollar company

Apple becomes world's first trillion-dollar company

That would put Apple's stock market value at $973 billion, based on its newly disclosed number of shares. The iPhone transformed Apple's fortunes. Apple crossed the threshold in Thursday trading f...

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Tesla Earnings: Shares Rise 11% as Musk Apologizes for ‘Bad Manners’

Tesla Earnings: Shares Rise 11% as Musk Apologizes for ‘Bad Manners’

The overall performance pleased investors enough to send Tesla stock up more than 11 percent in after-market trading, where it topped out above $330 per share. "No production target is more importan...

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