Satellite radio service SiriusXM buying streaming music company Pandora

SiriusXM and Pandora have competed for business. George Soros' hedge fund owned a $56 million stake in Pandora at the end of the second quarter on June 30. The all-stock deal is expected to close in early 2019. Pandora shares rose 9.5 perce... More..

by | Published 25 days ago
Oil prices at highest levels in 4 years
by | Tuesday, September 25, 2018

Oil prices at highest levels in 4 years

That accounts for US sanctions on Iran, which could wipe out 1 million barrels a day from the world market. On Monday morning, Brent crude , the main European futures contract, rose above $80 USA a barrel to...More..

by | Tuesday, September 25, 2018

Rod Rosenstein has not resigned and is still deputy attorney general

He has said he will not resign and that the White House would have to sack him, NBC reported . CNN and Politico both report that Rosenstein expects to be fired and the Times reports that Rosenstein...More..

by | Monday, September 24, 2018

Oil price up as Trump calls OPEC to lower prices

OPEC, along with a group of Russia-led producers, put a cap on output in January 2017 in response to a supply glut and a sustained rout in oil prices that bankrupted United States energy firms and escalated u...More..

Michael Kors Is Close to Buying Versace for $2 Billion
by | Monday, September 24, 2018

Michael Kors Is Close to Buying Versace for $2 Billion

However, Versace has struggled to grow sales, despite a luxury-fashion boom led by Chinese consumers. Shares in Michael Kors were trading 9% lower on Monday. While talks are advanced, no final agreements ha...More..

Six Flags contest invites guests to stay in coffin for 30 hours
by | Monday, September 24, 2018

Six Flags contest invites guests to stay in coffin for 30 hours

Louis is holding the contest as part of its annual Fright Fest. Six Flags will provide meals, drinks, and snacks. Participants need to bring their pillows and sleeping bags or blankets. So, what do you get ...More..

by | Monday, September 24, 2018

Iran to continue exporting crude despite fresh United States sanctions

Citigroup Inc. sees crude at that level in the fourth quarter, but sees risks that it will go higher. Brent crude , the benchmark for more than half the world's oil, rose 2.5 percent to $80.79 a barrel at 9:...More..

by | Monday, September 24, 2018

Porsche first German carmaker to abandon diesel engines

Stuttgart-based Porsche in February stopped taking orders for diesel models, which it had sold for almost a decade. Of course, diesel isn't a popular choice for Porsche customers, accounting for only 15...More..

Cryptocurrencies rally over Ripple's digital coin issuance
by | Monday, September 24, 2018

Cryptocurrencies rally over Ripple's digital coin issuance

Circle is a peer-to-peer payments network, which gives users the option to pay in fiat currencies, or a small selection of cryptocurrencies. They would like to overthrow the present banking system. One XRP c...More..

Australia’s strawberry scare spreads as needles found in New Zealand
by | Monday, September 24, 2018

Australia’s strawberry scare spreads as needles found in New Zealand

Countdown last week announced it had halted imports of Australia strawberries to NZ for the season while competitor Foodstuffs ceased shipping them to its stores. A 62-year-old woman has already been caught pu...More..

Australian broadcaster ABC's board sacks managing director
by | Monday, September 24, 2018

Australian broadcaster ABC's board sacks managing director

In a statement to staff the board said it had determined it was "not in the best interests of the ABC for Ms Guthrie to continue to lead the organisation". "We are very grateful for all her hard work". She ...More..

Australia supermarket chain Woolworths bans sewing needles amid strawberry crisis
by | Sunday, September 23, 2018

Australia supermarket chain Woolworths bans sewing needles amid strawberry crisis

Strawberries Australia Inc, the country's largest industry body for strawberry growers, declined to comment on the move by Woolworths. Australian supermarket chain Woolworths has pulled all sewing needles fro...More..

High Times: Investors Embrace Pot Stocks as Marijuana Continues to go Mainstream
by | Sunday, September 23, 2018

High Times: Investors Embrace Pot Stocks as Marijuana Continues to go Mainstream

Two months ago, Tilray Inc. was a little-known Canadian marijuana producer working to build its global footprint from the sleepy British Columbia town of Nanaimo. Growe said the value of the 22 largest marijuan...More..

$500 Duct Tape Designer Sneaker Sparks Outrage Over ‘Poverty Appropriation’
by | Sunday, September 23, 2018

$500 Duct Tape Designer Sneaker Sparks Outrage Over ‘Poverty Appropriation’

Nordstrom is selling sneakers that showcase scuff marks and tape on the toes for $530. However, many seem to think the sneakers are "distasteful" and "offensive". The company did not immediately reply to Hu...More..

Comcast outbids Fox to buy Sky for £30.45bn
by | Sunday, September 23, 2018

Comcast outbids Fox to buy Sky for £30.45bn

But by paying such a general price for a satellite television business like, which itself is prey to the disruptive forces of the video streaming services, Comcast looks to the increasing its exposure to a mode...More..

Trump says OPEC 'monopoly' must get prices down
by | Sunday, September 23, 2018

Trump says OPEC 'monopoly' must get prices down

Trump weighed into the debate via Twitter, saying "The OPEC monopoly must get prices down now!" The U.S. sanctions were imposed by Trump in response to Iran's nuclear program, which the White House says is ...More..

Uber bid to buy Deliveroo hits shares in rival Just Eat
by | Sunday, September 23, 2018

Uber bid to buy Deliveroo hits shares in rival Just Eat

Representatives of Uber and Deliveroo were not available for comment. London-based Deliveroo was valued at more than US$2 billion in a financing deal previous year. Deliveroo , which competes with compa...More..

Speculation mounts over possible Emirates merger with Etihad
by | Sunday, September 23, 2018

Speculation mounts over possible Emirates merger with Etihad

That contributed to a $1.52 billion loss in 2017, taking the two-year deficit at the airline unit to nearly $3.5 billion. This means redeploying freighter capacity on core trade lanes that connect its hub in ...More..

New Delhi to Pay for Iranian Oil With Rupees
by | Sunday, September 23, 2018

New Delhi to Pay for Iranian Oil With Rupees

Japanese refiners have temporarily suspended oil imports from Iran, buying alternative supplies and watching the situation closely should waivers be forthcoming, the president of the Petroleum Association of ...More..

How the auction process for Sky will work
by | Sunday, September 23, 2018

How the auction process for Sky will work

The process will start if neither Comcast nor Fox has admitted defeat in the fight for Sky by 1700 London time (1600 GMT) on Friday, the Panel added. Sky also has a suite of sought-after TV content to lure ...More..

Dow Jones Industrial Average, S&P 500 trade at record highs
by | Saturday, September 22, 2018

Dow Jones Industrial Average, S&P 500 trade at record highs

The S&P 500 , the benchmark for many index funds, also hit a new high, eclipsing the peak it reached last month. Wall Street delivered another set of milestones Thursday as a wave of buying sent USA stocks ...More..

Britain's Tesco takes on discount rivals with new Jack's chain
by | Saturday, September 22, 2018

Britain's Tesco takes on discount rivals with new Jack's chain

Tesco now offers over 25,000 products but Jack's will only offer 2,600 products including Jack's own brand items as well as big brands such as Coca Cola, Cadbury's and Lea & Perrins. "Tesco will have to find a ...More..

Audi E-Tron Electric SUV Looks to Take On Tesla Model X
by | Saturday, September 22, 2018

Audi E-Tron Electric SUV Looks to Take On Tesla Model X

Mercedes-Benz revealed its own electric crossover earlier this month, the EQC, and BMW showed off another Tesla-fighting concept model on Sunday. German carmaker Audi has introduced its new electric auto, ...More..

NatWest, RBS and Ulster Bank say online banking glitch 'resolved'
by | Saturday, September 22, 2018

NatWest, RBS and Ulster Bank say online banking glitch 'resolved'

A spokesperson for the bank said: "We're very sorry about the technical problems our customers have experienced today". Barclays, which boasts 24million customers, still hasn't shared specific details on exac...More..

China urges USA to show sincerity, correct behaviour in trade actions
by | Saturday, September 22, 2018

China urges USA to show sincerity, correct behaviour in trade actions

While the direct economic impact of the dispute on China has so far been limited, the trade tensions could rapidly push Chinese exporters to switch away from the US market, a former chief of China's central ban...More..

by | Saturday, September 22, 2018

India Will Import Iranian Oil; In Talks With EU Over Payment Option

U.S. President Donald Trump's administration is working to provide alternative sources of oil to American allies that will be affected because of U.S. The remaining 45% payment was paid in rupees in acc...More..

by | Saturday, September 22, 2018

Trump tells OPEC to lower oil prices

WTI prices were up Thursday morning on the news that USA crude oil inventories were down 2.1 million barrels last week, the fifth straight week of declines. Crude oil prices have been rising over the past year ...More..

Tesla Model 3 crushes NHTSA's crash testing with a 5-star rating
by | Friday, September 21, 2018

Tesla Model 3 crushes NHTSA's crash testing with a 5-star rating

In the case of the 2018 Model 3, you'll find one of the best scores for rollover resistance (6.6%) of any vehicle on sale in the U.S. Still, five-star ratings across the board from NHTSA is nothing to sneeze at...More..

Tesco launches discount stores to counter Aldi and Lidl
by | Friday, September 21, 2018

Tesco launches discount stores to counter Aldi and Lidl

The first two stores are set to open on Thursday in Chatteris, Cambridgeshire, and Immingham at formerly "mothballed" Tesco sites. The launch of Jack's has been widely seen as Tesco's attempt to fight back ag...More..

Oil near flat as market weighs US-China trade tensions, Iran sanctions
by | Friday, September 21, 2018

Oil near flat as market weighs US-China trade tensions, Iran sanctions

That follows an announcement from the U.S. that it will impose a 10 per cent tariff on about $200 billion in Chinese goods next week. Moreover, analytical wisdom holds that these three countries may have the ...More..