Elon Musk Breaks Down During Interview

In a statement to The Associated Press, the directors - excluding Musk himself, who is board chairman - praised Musk's dedication to the company. By early Friday afternoon, Tesla's shares had fallen over 8 per cent, wiping about US$4 billion off th... More..

by | Published more than a month ago
Gucci among brands hit after House of Fraser collapsed owing £484m
by | Sunday, August 19, 2018

Gucci among brands hit after House of Fraser collapsed owing £484m

Earlier this week, after Ashley said he planned to keep as many stores open "as possible", analyst Jonathan Pritchard at Peel Hunt said Sports Direct was refusing to engage with City analysts over the "fascinat...More..

Chipotle to retrain workers after Ohio illnesses
by | Sunday, August 19, 2018

Chipotle to retrain workers after Ohio illnesses

Tests were negative for salmonella, norovirus, E. Coli, and shigella, but they've now nailed the microscopic culprit: Clostridium perfringens , a foodborne disease that happens when food is left an unsafe temp...More..

Tesla subpoenaed over Musk's tweet
by | Saturday, August 18, 2018

Tesla subpoenaed over Musk's tweet

In reference to Tripp's allegations, a Tesla spokewoman in an emailed statement told Green Car Reports: "These claims are false and Mr. Tripp does not even have personal knowledge about the safety claims that...More..

Trump takes aim at quarterly reports
by | Saturday, August 18, 2018

Trump takes aim at quarterly reports

In a tweet dispatched Friday morning, Trump said he had spoken to "some of the world's top business leaders" about making business and jobs "even better" in the US and they had advocated an end to quarterly rep...More..

Australia's Unemployment hits 5.3% while jobs miss expectations
by | Saturday, August 18, 2018

Australia's Unemployment hits 5.3% while jobs miss expectations

Employment, however, fell by 3900 jobs to 12.575 million in the month and the participation rate fell by 0.1 point to 65.5 per cent. Australia's jobless rate has fallen to 5.3 per cent in July, beating econom...More..

White House Calls On Turkey to Release American Pastor Andrew Brunson
by | Saturday, August 18, 2018

White House Calls On Turkey to Release American Pastor Andrew Brunson

In a statement, the ministry also said it would provide flexibility on maturities and pricing to endure cash flow for companies, while taking additional measures to avoid obstacles against borrowing for compani...More..

Truck that stopped just before collapse removed from Genoa bridge
by | Saturday, August 18, 2018

Truck that stopped just before collapse removed from Genoa bridge

Genoa's chief prosecutor, Francesco Cozzi, said on Thursday that 10-20 people were still missing. The chance of finding survivors at this stage was slim and the unstable mountains of debris made the search o...More..

UAE hits out at Qatar's pledge to invest in Turkey
by | Friday, August 17, 2018

UAE hits out at Qatar's pledge to invest in Turkey

The conflict between North Atlantic Treaty Organisation allies is even more personalized because of U.S. President Donald Trump and Turkish President Recep Tayyip Erdogan, whose uncompromising statements contri...More..

Workers protest Google’s censored search engine plans for China
by | Friday, August 17, 2018

Workers protest Google’s censored search engine plans for China

More than 1,000 Google employees have signed a letter protesting against the company's secretive plan to build a search engine that would comply with Chinese censorship . The New York Times first reported the...More..

Rail fare increase could 'cripple' communities, say Scottish Labour
by | Friday, August 17, 2018

Rail fare increase could 'cripple' communities, say Scottish Labour

But the RMT opposes the call, saying it was an attempt to impose a pay cap. The transport secretary believes the Consumer Prices Index (CPI), to determine increases instead of the Retail Prices Index (RPI) me...More..

by | Friday, August 17, 2018

Turkish firms cancel iPhone orders amid USA products boycott

U.S. Treasury Secretary Steven Mnuchin said Thursday that Washington has more sanctions ready if Turkey refuses to release Brunson, while U.S. President Donald Trump said during a cabinet meeting at the W...More..

Turks film themselves smashing iPhones amid US-Turkey trade war
by | Friday, August 17, 2018

Turks film themselves smashing iPhones amid US-Turkey trade war

Ankara has been conspicuous in its support of Doha as Qatar battles with continued Saudi-led isolation from Arab neighbours. "Turkish-Qatari relations are based on solid foundations of true friendship and ...More..

Qatar promises $15 billion investment in Turkey
by | Friday, August 17, 2018

Qatar promises $15 billion investment in Turkey

Asian stocks retreated to a one-year low on Wednesday as bearish Chinese markets worsened investor sentiment already hurt by Turkey's financial crisis. But on Wednesday the lira was trading at 6.0 to the dollar...More..

Asian stocks hit one-year low amid Turkey woes, bearish China equities
by | Thursday, August 16, 2018

Asian stocks hit one-year low amid Turkey woes, bearish China equities

While the lira clung above record lows, tensions between Washington and Ankara remained on the boil, keeping the currency on a shaky footing. The currency traded 0.82 per cent weaker on the day at 6.41 to t...More..

Italy says death toll will mount in Genoa bridge collapse
by | Thursday, August 16, 2018

Italy says death toll will mount in Genoa bridge collapse

The top management of the private company responsible for maintenance of the motorway has been called on to resign. About 39 people were killed on Tuesday when a giant motorway bridge collapsed in heavy...More..

Ontario allowing pot sales in private retail stores April 1
by | Thursday, August 16, 2018

Ontario allowing pot sales in private retail stores April 1

No U.S. state owns marijuana retail outlets. Anyone caught violating the rules will face "severely escalating fines", he said. Ontario is targeting a launch date of April, 2019, for in-store sales, according ...More..

Plaque replacing Sir John A. Macdonald statue defaced, Victoria keeping monument
by | Thursday, August 16, 2018

Plaque replacing Sir John A. Macdonald statue defaced, Victoria keeping monument

For Macdonald, this moment... "That's why our government wrote the mayor of Victoria to say we'd be happy to give Sir John A. a new home here in Ontario". I believe the statue should remain in place so that...More..

Trump says his steel tariffs will save the U.S. industry
by | Thursday, August 16, 2018

Trump says his steel tariffs will save the U.S. industry

The president is engaged in trade disputes with several major economies, including China . The U.S. president has recently threatened more tariffs on Canada's auto industry. Trump tweeted. According to th...More..

Turkish lira rebounds after Qatar pledges $15 billion
by | Thursday, August 16, 2018

Turkish lira rebounds after Qatar pledges $15 billion

Putting all the mathematics and statistics together, it concludes that there are 8.5 times more iPhone users worldwide than there are people in Turkey. Attention will turn Thursday to an address by the financ...More..

Is China printing India currency? Rubbish says government
by | Thursday, August 16, 2018

Is China printing India currency? Rubbish says government

Getting notes printed from China has become popular among developing countries since the sophisticated and costly technology needed for the metallic ribbon, embedded thread, and colour-shifting ink is beyond ...More..

United Kingdom jobless rate falls to lowest since 1975 but pay growth weakens
by | Thursday, August 16, 2018

United Kingdom jobless rate falls to lowest since 1975 but pay growth weakens

Average weekly earnings for employees in real terms (adjusted for price inflation) increased by 0.4 per cent excluding bonuses and by 0.1 per cent including bonuses, compared with a year earlier. Unemployment f...More..

How strong is the USA dollar's position as a reserve currency?
by | Thursday, August 16, 2018

How strong is the USA dollar's position as a reserve currency?

Another stumbling block in bilateral relations is the arrest of American pastor Andrew Brunson in Turkey. The United States slapped financial sanctions on two Turkish ministers and doubled steel and aluminum ta...More..

Turkey willing to talk with United States as equals over tariffs and pastor
by | Thursday, August 16, 2018

Turkey willing to talk with United States as equals over tariffs and pastor

White House spokesperson Sarah Sanders (Rear) attends a press briefing at the White House in Washington D.C., the United States, on August 15, 2018. The White House called the Turkish response a step in the...More..

Indian rupee falls to 19.15 vs dirham, will it hit 20 today?
by | Thursday, August 16, 2018

Indian rupee falls to 19.15 vs dirham, will it hit 20 today?

The rupee fell to a record low of 70 against the United States dollar on Tuesday, before recovering to end at 69.89, amid fears that financial troubles faced by Turkey would quickly spread to emerging eco...More..

by | Thursday, August 16, 2018

Turkey doubles tariffs on key U.S. goods as spat intensifies

A banking watchdog's step to limit foreign exchange swap transactions also helped the currency. "Rates have gone up by 10pc". On Tuesday, a White House official quoted by the Reuters news agency hinted ...More..

Bitcoin's Price Falls Below $6K to Near 2018 Low
by | Thursday, August 16, 2018

Bitcoin's Price Falls Below $6K to Near 2018 Low

Bitcoin's share of the market, often referred to as Bitcoin dominance, topped 50% for the first time this year in the early hours of the Saturday session. As seen from the 3 months graph of the cryptocurren...More..

Turkey's Erdogan Threatens Boycott of US Goods
by | Thursday, August 16, 2018

Turkey's Erdogan Threatens Boycott of US Goods

The White House said on Tuesday President Donald Trump was frustrated that Turkey had not released Brunson. "In light of all the turmoil we've seen out of Turkey and the subsequent contagion into other emergi...More..

The Death Toll From Italy's Genoa Bridge Collapse Has Risen to 39
by | Thursday, August 16, 2018

The Death Toll From Italy's Genoa Bridge Collapse Has Risen to 39

As cars and trucks tumbled off the bridge, Afifi Idriss, 39, a Morrocan lorry driver, just managed to come to a halt in time. "Miracles can happen", he said . In the wake of the disaster, Giuseppe Conte, the p...More..

by | Thursday, August 16, 2018

White House condemns Turkey's tariffs on USA imports

Speaking about Turkey's Africa outreach policy, Cavusoglu said: "Sudan is a very important partner for Turkey". "We have other partners and alternative markets". President Donald Trump doubled tariffs on ...More..