Business

Falih: Saudi Arabia to cut December oil output by 500000 bpd

In June, it persuaded fellow producers to end 18 months of production cuts and pump more crude in response to falling output in Venezuela and Iran and pressure over prices from U.S. Although OPEC wa...

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Major oil producers to consider output cuts after price slide

Major oil producers to consider output cuts after price slide

Suheil al-Mazrouei, energy minister of the host country UAE, hinted that producers are preparing to cut output. Crude prices hit four-year highs of more than $80 a barrel in late September and ear...

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Gold Price Flat as Fed Maintains Interest Rates

Gold Price Flat as Fed Maintains Interest Rates

The central bank said "economic activity has been rising at a strong rate" and job gains "have been strong", acknowledging a drop in the unemployment rate, while repeating its outlook for "further gra...

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Best Buy releases its Black Friday deals on high-tech gadgets

Best Buy releases its Black Friday deals on high-tech gadgets

The Walmart and Target Black Friday 2018 deals ad are the most exciting Black Friday ad catalogues. The official Walmart Black Friday ad scan is here, and it points to excellent tech that wi...

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Mazda teases its new Mazda3

Mazda teases its new Mazda3

The event will open its doors to the media on November 28 with the first press day, but don't be too surprised if the vehicle will be revealed on the Internet a few days before. Mazda says the Kai ,...

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Govt denies seeking massive reserve transfer from RBI

Govt denies seeking massive reserve transfer from RBI

Without acknowledging that the notices have been sent to the RBI , the Union finance ministry had said the "autonomy for the central bank , within the framework of the RBI Act, is an essential a...

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Bound Ryanair Plane Full Of Passengers Seized By French Authorities

Bound Ryanair Plane Full Of Passengers Seized By French Authorities

The passengers had gone through passport control and security and were about to walk on the tarmac to board the plane when airport authorities told them to turn around, passenger Boris Hejblum said. "...

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Google is making changes following last week's sexual harassment walkout

Google is making changes following last week's sexual harassment walkout

In the letter, Pichai said Google would take the following steps: make arbitration available for individual sexual harassment and sexual assault claims; overhaul its report channels and provide live...

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Runaway mining train travels 90 kilometres without driver in Australia

Runaway mining train travels 90 kilometres without driver in Australia

With no one at the controls, the 3km long runaway train travelled for nearly an hour, at speeds of up to 110km/h, before it crashed about 210km south of Port Headland. The derailment came after the tr...

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Volkswagen Tarok Concept makes debut in São Paulo

Volkswagen Tarok Concept makes debut in São Paulo

The all-wheel drive all-rounder combines the progressive features of the latest generation of digitally networked SUVs with the versatility of a cleverly designed five-metre pick-up. Payload for Volk...

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Lion Air plane crashes into lamp pole on Indonesian airport runway

Lion Air plane crashes into lamp pole on Indonesian airport runway

Aviation regulator, the Directorate General of Civil Aviation (DGCA), had asked Jet Airways and SpiceJet to take corrective action to address possible issues with their Boeing 737 MAX planes, wh...

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Robyn Denholm To Succeed Elon Musk As Tesla Chairperson

Robyn Denholm To Succeed Elon Musk As Tesla Chairperson

Robyn Denholm, the finance chief of Australian telecoms firm Telstra, takes over from the electric auto maker's founder, who remains chief executive. He remains chief executive. "The market reacted...

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Elon Musk’s Twitter account used for Bitcoin scam

Elon Musk’s Twitter account used for Bitcoin scam

While the attack was thought to have been made specifically on a number of verified accounts (those with the blue tick) it has been confirmed that at least Matalan , Pathe UK and publisher Pantheon...

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World's stinkiest fruit strikes again, cargo of durian grounds plane

World's stinkiest fruit strikes again, cargo of durian grounds plane

An Indonesia flight, which ended up stinking to high heaven because it carried two tonnes of what has been branded the world's smelliest fruit, was delayed as passengers refused to travel with the o...

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U.S. Exempts Iran's Chabahar Port From Sanctions In Nod To Afghanistan

U.S. Exempts Iran's Chabahar Port From Sanctions In Nod To Afghanistan

India has warm relations with Iran and has joined China and European powers in saying it was not obligated to comply with the unilateral USA sanctions, although it has sought to appease Washington b...

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Net Neutrality Ruling Rejected By The US Supreme Court

Net Neutrality Ruling Rejected By The US Supreme Court

The rules , which were issued in 2015, have since been replaced by a 2018 order by the Federal Communications Commission eliminating net neutrality , so the justices were not expected to weigh in on...

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United States midterm elections 2018

United States midterm elections 2018

A Democrat-controlled House was expected to pursue anti-corruption and voter-rights legislation, and hold multiple investigations on controversial aspects of the Trump administration, not least bein...

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Netanyahu calls start of new Iran sanctions a 'historic day'

Netanyahu calls start of new Iran sanctions a 'historic day'

The move restores, and strengthens, sanctions lifted under a 2015 global agreement on Iran's nuclear program from which Washington withdrew in May. But as Mr Rouhani stepped up the rhetoric, compa...

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2018 could be known as the vote of the 'ticked off'

2018 could be known as the vote of the 'ticked off'

Democrats need to win two seats to claim the Senate majority, although most political operatives in both parties expect Republicans to add to their majority. FILE - People stand cast their ballots...

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Amazon Warehouse Partially Collapses in Storm, Killing 2

Amazon Warehouse Partially Collapses in Storm, Killing 2

Severe storms with strong winds tore through much of Maryland on Friday evening. In the South-Eastern part of Baltimore (Maryland) on Amazon sorting center on Friday, November 2, an emergency ha...

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Amazon will open separate HQ2 locations in 2 different cities

Amazon will open separate HQ2 locations in 2 different cities

According to the Washington Post , which spoke with several sources, Amazon has been holding "advanced discussions" about placing its second headquarters in Virginia's Crystal City, a neighborhood ...

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You Can Get Free Shipping on All Amazon Orders During the Holidays

You Can Get Free Shipping on All Amazon Orders During the Holidays

Bottom line: Buy one of over 100 million items you want on Amazon and get free shipping without having to spend $25 now up until Christmas. Amazon won't be sidelined by brick and mortar stores ...

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Iran Sanctions Kick In

Iran Sanctions Kick In

Negotiations with United States are on to see if it could offer oil and gas on concessional terms from its own reserves to help India tide over Iran sanctions. Iran has dismissed these charges and...

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Midterm elections a competition for the soul of America

Midterm elections a competition for the soul of America

On Tuesday, it can either reassert itself politically or fall short, prompting an utter and complete psychological meltdown. Former President Barack Obama campaigned Sunday in support of Democra...

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Lowe's to close underperforming stores in US, Canada

Lowe's to close underperforming stores in US, Canada

Both Michigan stores slated to close are located in Genesee County: Lowe's of Burton (Store #761), on E. Court St.in Burton; and Lowe's of Flint (Store #669) on T.A. It did not identify which stores t...

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Iranian marchers chant 'Death to America' on eve of USA oil sanctions

Iranian marchers chant 'Death to America' on eve of USA oil sanctions

Speaking in a conference call , Pompeo said , "We expect to issue some temporary allotments to eight jurisdictions, but only because they have demonstrated significant reductions in their crude oil ...

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Barrick Gold Corporation (NYSE:ABX) MA Rating Sending Strong Buy Signal

Barrick Gold Corporation (NYSE:ABX) MA Rating Sending Strong Buy Signal

Its EPS was $-0.16 while outstanding shares of the company were 1.83B. Short-term as well long term investors always focus on the liquidity of the stocks so for that concern, liquidity measure in rece...

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Wage growth slows as unemployment dips nationally, rises regionally

Wage growth slows as unemployment dips nationally, rises regionally

Unemployment in the Lethbridge-Medicine Hat region has reached its lowest level since July 2017. Good news for the Cariboo too as the year-over-year unemployment rate fell from 5.9 per cent in Octob...

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Tesla says Model 3 plans should reduce China tariffs' impact

Tesla says Model 3 plans should reduce China tariffs' impact

Tesla said in a filing with the Securities and Exchange Commission: "In China, which is the largest market for electric vehicles in the world, our Model S and Model X sales have been, and will likel...

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Amazon in 'advanced talks' to put HQ2 in Northern Virginia

Amazon in 'advanced talks' to put HQ2 in Northern Virginia

The Washington metropolitan area was long considered a top contender for Amazon's second headquarters. In a tweet Saturday morning, Amazon's Mike Grella addressed "the genius leaking info", saying: ...

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