Business

Tight or well-supplied? The crude oil market dilemma

Tight or well-supplied? The crude oil market dilemma

Brent crude hit its highest since November 2014 at $80.94 a barrel, up 2.7%, before falling back to $80.49. I don't know of any refiner in the world who is looking for oil and is not able to get it. ...

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New US, China tariffs take effect to start the week

The U.S. will levy tariffs of 10 percent initially, rising to 25 percent at the end of 2018. The new attack on Beijing brings the amount of goods hit by duties to more than US$250 billion, roughly h...

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New South Wales Police Threaten to Jail Fruit 'Pranksters'

New South Wales Police Threaten to Jail Fruit 'Pranksters'

The scare has prompted a series of supermarket recalls, and some stores in New Zealand have temporarily banned the sale of Australian strawberries. The offender faces up to 10 years in prison . "Re...

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It’s high times for soaring marijuana stocks on Wall Street

It’s high times for soaring marijuana stocks on Wall Street

That came after reports Coke was in talks with Aurora Cannabis about drinks containing cannabidiol, or CBD, a marijuana component that isn't psychoactive. Tilray has agreements to sell pot in Canadi...

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NatWest apologises to customers locked out of bank accounts

NatWest apologises to customers locked out of bank accounts

The Personal and Business Banking segment consists of the United Kingdom Personal, Business Banking, and Ulster Bank RoI sub-segments.The Commercial and Private Banking segment covers the Commercial B...

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Japan's oil refiners temporarily halt Iranian loadings on sanctions threat: PAJ

Japan's oil refiners temporarily halt Iranian loadings on sanctions threat: PAJ

India had planned to import about 25 million tonnes of crude oil from Iran in the current fiscal, up from 22.6 million tonnes imported in 2017-18. The official said refiners have booked oil cargoe...

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S&P 500, Dow up as rising treasury yields boost banks

S&P 500, Dow up as rising treasury yields boost banks

A wave of buying sent USA stocks solidly higher on Wall Street Thursday, pushing the Dow Jones Industrial Average above the all-time high it closed at in January. The dollar fell 2.0 percent against...

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Nordstrom slammed for selling $530 distressed Golden Goose sneakers

Nordstrom slammed for selling $530 distressed Golden Goose sneakers

Comedian Christine Sydelko tweeted, "there are people in the world wearing plastic bags as shoes because they can't afford any but these ugly things are selling for $500 the fashion industry is tr...

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Comcast outbids Fox with €33bn offer for Sky in auction

Comcast outbids Fox with €33bn offer for Sky in auction

Comcast now needs Sky investors to tender their shares by an October 11 deadline to seal its victory. It now gives Sky shareholders a firm bid to evaluate after Fox and Comcast engaged in a series o...

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Trump Presses OPEC to Reduce Prices as Crude Trades Near $80

Trump Presses OPEC to Reduce Prices as Crude Trades Near $80

Reuters reported on September 5 that Saudi Arabia wanted oil to stay between $70 and $80 to keep a balance between maximizing revenue and keeping a lid on prices until us congressional elections. G...

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Uber is in early talks to buy Europe's Deliveroo

Uber is in early talks to buy Europe's Deliveroo

Less than two weeks after United Kingdom based food delivery company Deliveroo announced its plans to set up shop in Taiwan , competitor Uber is reportedly in talks to purchase the company. Ear...

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Alibaba founder: Trade war killed plan of 1M new US jobs

Alibaba founder: Trade war killed plan of 1M new US jobs

At a two-day event bringing together Alibaba's investors, Ma told the Chinese news website Xinhua that the promise "was made on the premise of friendly U.S-China partnership and rational trade rel...

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Here is Audi’s first all-electric SUV, the e-tron

Here is Audi’s first all-electric SUV, the e-tron

The carmaker will use a total of four platforms for electric cars - Major League Baseball (modular longitudinal platform), an e-platform developed in collaboration with Porsche , Premium Platform Ele...

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Barclays resolves online banking glitch

Barclays resolves online banking glitch

The service status report on the website confirms there is an outage of both online and telephone banking. Barclays customers were told: "You should still be able still make payments to existing p...

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Chennai Petroleum cancels Iran oil imports

America restricted the use of U.S. dollar against pay Iran from November 1. India may revert to paying Iran in rupees for the oil it buys from its third largest supplier as USA sanctions will from...

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Oil prices drop as escalating trade war clouds demand outlook

Oil prices drop as escalating trade war clouds demand outlook

US crude inventories rose by 1.2 million barrels to 397.1 million in the week to September 14, according to the American Petroleum Institute (API). Official inventory data from the U.S. USA light cr...

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Coca-Cola considering cannabis beverages

Coca-Cola considering cannabis beverages

Shares of Aurora were up almost 17 percent on the Toronto Stock Exchange on the report. Coca-Cola is reportedly in talks with a Canada-based cannabis producer to make marijuana-infused beverage...

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Passengers flee jet with bleeding ears and noses after pilot error

Passengers flee jet with bleeding ears and noses after pilot error

Mr Sharma further said that soon the crew announced that the plane would return to Mumbai airport . According to an official statement , the incident happened after the crew forgot to switch on th...

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Amazon's store expansion is beyond ideal for introverts

Amazon's store expansion is beyond ideal for introverts

If Amazon follows through with the rumored plan, it would pose a threat to convenience store chains like 7-Eleven, which must bear the expense of paying cashiers and other staff, Bloomberg said. S...

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Amazon launches

Amazon launches "Storefronts" to promote small businesses

To support the launch of Storefronts , Amazon is also debuting its first-ever national television commercial, featuring real businesses that sell on Amazon and showing how they get their products to ...

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Amazon probing data leaks from staff members, Business

Amazon probing data leaks from staff members, Business

According to the WSJ , Amazon staffers have used third parties to offer up confidential information that will help those using the online marketplace to sell their products. They included that the o...

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Audi launches electric SUV in Tesla’s backyard, with assist from Amazon

Audi launches electric SUV in Tesla’s backyard, with assist from Amazon

Reportedly, for charging the EV at home, Amazon has agreed to provide customers with Audi's Home Charging, with up front pricing and installation of a charging pump in the owner's house. The views fro...

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Airline spells own name wrong

Airline spells own name wrong

She's going back to the shop!' However, the company's social media team made a decision to own the moment. And although the airlines believes it was down to a mistake, an engineer for Haeco - Cath...

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Jack Ma tears up plans to make 1m American jobs

Tech tycoon Jack Ma has told investors to hunker down for a drawn out trade war between the USA and China that can last for up to 20 years. In April Ma doubled down on his pledge, claiming 10 mill...

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Strawberry needle scare: Prime Minister announces tough penalties for fruit tampering

Strawberry needle scare: Prime Minister announces tough penalties for fruit tampering

Needles have been found inside strawberries in two more Australian states, police said on Monday, broadening a health scare that has caused supermarkets to recall brands and farmers to dump fruit amid...

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McDonald's is giving away FREE cheeseburgers tomorrow

McDonald's is giving away FREE cheeseburgers tomorrow

Before we go any further, we have to warn you that the deals we've listed below will only be available at participating locations. It doesn't matter how you like your cheeseburger cooked or what you...

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McDonald’s employees in Chicago take part in a nationwide strike

McDonald’s employees in Chicago take part in a nationwide strike

The Hart Survey also reported that more than one in five women who face sexual harassment - 21 percent - report that, after raising the issue, their employer took some negative action, including cutti...

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We’re ready to come up with a better backstop proposal — European Union negotiator

We’re ready to come up with a better backstop proposal — European Union negotiator

On Tuesday, the EU's Brexit chief negotiator Michel Barnier said the bloc was ready to improve its proposal for an "insurance policy" backstop arrangement on how to manage the Irish border after...

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Trump Sets Tariffs On $200 Billion In Imports From China

Trump Sets Tariffs On $200 Billion In Imports From China

Since then, Canada has been in intense talks to preserve NAFTA as a three-country deal, but negotiations remain hung up on the dispute resolution mechanism as well as on Ottawa's strict control over...

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How does merging bad banks with good ones help?

How does merging bad banks with good ones help?

Bank of Baroda has a considerable national footprint, while both Dena and Vijaya have a strong presence in their respective regions of Maharashtra and Karnataka, especially in the small-and-medium en...

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