Don't post crisp packets, Royal Mail begs anti-plastic protesters

Recycling campaigners have been sending packets back to the Leicester-based crisp manufacturer by just sellotaping the company's freepost address on them without a stamp, as it requires no postage charge. Yet despite this, the campaign by 38 degree... More..

by | Published 24 days ago
by | Friday, September 28, 2018

Musk's Tesla position uncertain as United States regulators sue Musk for fraud

The SEC then hastily pulled together a lawsuit. The Justice Department declined to comment. "The SEC wouldn't delay its case for the DOJ", Teresa Goody, CEO of law firm Goody Counsel and a former SEC attorney...More..

German Ryanair pilots to join cabin crew strike action
by | Friday, September 28, 2018

German Ryanair pilots to join cabin crew strike action

The German pilots announced they will join the existing strike by cabin crew in Spain, Germany, Belgium, the Netherlands, Portugal and Italy and Dutch pilots. Mr O'Leary said: 'The issue of applicable law is ...More..

Chinese Stocks Rally on Hopes of Fund Inflows, But Watch the Sectors
by | Friday, September 28, 2018

Chinese Stocks Rally on Hopes of Fund Inflows, But Watch the Sectors

MSCI is now consulting with clients about including more A-shares in its indexes over the next couple of years. FTSE Russell framed its move as a vote of confidence in China after "the long-term reforms tha...More..

Ryanair cancels 190 flights on Friday amid cabin crew strike
by | Friday, September 28, 2018

Ryanair cancels 190 flights on Friday amid cabin crew strike

A Belgian trade union warned on Tuesday that Ryanair is "playing with fire" in its handling of a planned cabin crew strike across five countries on September 28, by not warning passengers about possible disrupt...More..

by | Friday, September 28, 2018

Elon Musk charged over tweets about taking Tesla private

The SEC filing said funding was not secured because Musk had never discussed it with any potential financial sources, he had never investigated whether the "special objective fund " could be created, and...More..

Federal Reserve Raises Interest Rates For Third Time
by | Friday, September 28, 2018

Federal Reserve Raises Interest Rates For Third Time

Some economists are urging the Fed to be even more patient with hiking because short-term rates could soon tip over longer-term ones, which are normally higher. Despite President Trump 's unusual public critic...More..

U.S. regulator alleges Elon Musk Tesla fraud
by | Friday, September 28, 2018

U.S. regulator alleges Elon Musk Tesla fraud

The complaint also faults subsequent tweets in which Musk said "investor support is confirmed", and that a "special objective fund " might be created for investors who stick with the Palo Alto, California-base...More..

by | Friday, September 28, 2018

Iran says Trump is why oil prices are now so high

Such a move would have unsettled relations among producers, the sources said, with the Saudis keen to maintain unity among the so-called OPEC+ alliance in case Riyadh wants to change course in future and seek t...More..

Tesla builds own auto carriers to aid delivery
by | Friday, September 28, 2018

Tesla builds own auto carriers to aid delivery

Pomp added that the delivery service is available on a "first come, first serve basis". Chief Executive Officer Elon Musk was at the company's delivery hub in Fremont, California, on Saturday, according to ...More..

Israeli soldiers fatally shoot Palestinian protester in Gaza
by | Thursday, September 27, 2018

Israeli soldiers fatally shoot Palestinian protester in Gaza

Youth unemployment is at 70 per cent, and every second person is living in poverty. "The Palestinian Authority's decision to reduce the monthly transfer of $30 million to the strip, the elimination of $ 50-60...More..

UAE raises benchmark rate by 25 basis points following Fed increase
by | Thursday, September 27, 2018

UAE raises benchmark rate by 25 basis points following Fed increase

The move by the Fed boosted the benchmark federal funds rate by a quarter point to a target range of 2 percent to 2.25 percent. In a statement after its latest policy meeting, the Fed dropped phrasing it had ...More..

by | Thursday, September 27, 2018

US, Mexico ready to sign new NAFTA without Canada

Trump, during the news conference, reiterated his longstanding grievances against NAFTA and job losses, saying the trade pact had been "great for Canada, great for Mexico , very bad for us". Canada imposed t...More..

Chairman ousted as Australia's ABC hit by scandal
by | Thursday, September 27, 2018

Chairman ousted as Australia's ABC hit by scandal

Senior members of the Coalition government have denied applying political pressure to the ABC leadership. The nearly century-old Australian Broadcasting Corporation is incredibly popular Down Under, with po...More..

by | Thursday, September 27, 2018

Trump says China respects him because of his ‘very, very large brain’

Donald Trump has accused China of attempting to "interfere" in the U.S. midterm elections because they don't want him to win. The two sides have engaged in a fast-escalating trade war, having both implemen...More..

by | Thursday, September 27, 2018

The Fed raises interest rates by a quarter percentage point

It also raised its projection for growth in 2019 to 2.5 percent from 2.4 percent. "I'm not happy about that", Trump told a press conference on the sidelines of the United Nations General Assembly in NY. The ben...More..

by | Thursday, September 27, 2018

India should reduce or stop crude oil import from Iran: Moody's

The impending sanctions by the United States on Iran, the third-largest producer among OPEC, which will go into effect November 4, the rising domestic petrol and diesel prices, which touched new record highs in...More..

Rupert Murdoch's Fox to sell Sky stake to Comcast
by | Thursday, September 27, 2018

Rupert Murdoch's Fox to sell Sky stake to Comcast

U.S. cable TV giant Comcast succeeded Saturday in its quest to nab Sky, outbidding rival 21st Century Fox as traditional TV and film companies look to beef up their offerings and fend off upstarts like Amazon...More..

Justin Trudeau full press conference before leaving UN General Assembly
by | Thursday, September 27, 2018

Justin Trudeau full press conference before leaving UN General Assembly

The price of oil, one of Canada's major exports, eased after US data showed a surprise build in domestic crude inventories. One of the primary sticking points is a demand from the Trump administration that Ca...More..

Argentina names Sandleris as new central bank chief - statement
by | Thursday, September 27, 2018

Argentina names Sandleris as new central bank chief - statement

The peso had been recovering in recent days but the currency began to tumble after the resignation and was trading midday Tuesday at 39.7 pesos per US dollar. Formerly chief of trading at JP Morgan and Deutsche...More..

Fed raises rates for third time this year
by | Thursday, September 27, 2018

Fed raises rates for third time this year

Fed Chairman Jerome Powell is scheduled to speak at press conference at 2:30 p.m. If we also look at the Fed funds futures market, we also find that the market is astonishingly pricing in a 78.6% chance ...More..

by | Wednesday, September 26, 2018

Fed announces interest rate decision

John Williams, a long-time central banker and the newly installed president of the New York Federal Reserve Bank, earlier this month said the United States was experiencing a "goldilocks economy", meaning the...More..

by | Wednesday, September 26, 2018

US, Mexico May Proceed Without Canada — NAFTA Talks

The President's warning hangs over the fate of hemispheric trade, with no NAFTA deal in sight ahead of US -imposed deadline of September 30. If the remaining gaps can not be bridged in the next few days, the ...More..

Theresa May says no-deal brexit better than current EU offer
by | Wednesday, September 26, 2018

Theresa May says no-deal brexit better than current EU offer

Starmer said Labour preferred the uncertainty to be settled in a general election "but if that's not possible, we must have other options. that must include campaigning for a public vote". Ahead of his speech...More..

Google to Partially Lift Cryptocurrency Ad Ban Starting In October
by | Wednesday, September 26, 2018

Google to Partially Lift Cryptocurrency Ad Ban Starting In October

In March, Google executive Scott Spencer stated that cryptocurrency investments have potential to cause harm in financial markets, leading the search giant to ban crypto ads . Google's ban has been lifted only...More..

Twitter Users Not Happy Dunkin' Donuts Is Dropping 'Donuts' From Name
by | Wednesday, September 26, 2018

Twitter Users Not Happy Dunkin' Donuts Is Dropping 'Donuts' From Name

The change will officially start on January 1, when the new name will appear on napkins, store signs, and other merchandise. In a tour of a next-generation Dunkin' store, Tyler reports that the most notable c...More..

Oil producers to continue working to boost output
by | Wednesday, September 26, 2018

Oil producers to continue working to boost output

Adding to positive sentiment are forecasts for a decline in US stockpiles. Brent could rise to $100 for the first time since 2014 as the market braces for the loss of Iranian supplies due to US sanctions,...More..

European Union open to free trade but not Chequers customs plan: document
by | Wednesday, September 26, 2018

European Union open to free trade but not Chequers customs plan: document

The BBC also reported that the cabinet remained fully behind May's Brexit policy in the face of growing calls within her party to change direction. Senior Conservative Brexiteers are piling pressure on her to...More..

Trump blasts globalism in address to UNGA
by | Wednesday, September 26, 2018

Trump blasts globalism in address to UNGA

Watch live in the player above. That the cutting insult has achieved inside joke status between the two leaders exemplifies the extent of the diplomatic détente between the U.S. Mr. Trump used his speech to c...More..

by | Wednesday, September 26, 2018

Iran: US wish to halt Iran's crude exports won't come true

Brent hit US$82.55 per barrel, its highest since Nov 10, 2014. Iranian "ghost tankers" are dismantling their vessel tracking systems upon leaving the Strait of Hormuz in a bid to sell oil secretly around the ...More..