Economy

FTSE 100 hits all time high as oil prices climb

Brent was fetching around $52 a barrel. Oil upswing: On Monday, shares of Royal Dutch Shell PLC RDSB, +1.16% RDS.B, -0.05% and BP PLC BP., +1.08% BP, +0.51%...


Snap shares tank 23 percent after reporting $2.2 billion net losses

A large part of the $2.2 billion hit that Snapchat took last quarter was expected due to the IPO , which involved awarding $2 billion in stock-based compensati...


Thompson, McLeod lead Jamaican charge in Shanghai

China's promising long jumper Gao Xinglong is ready to shake off regrets from the Rio Olympic Games and start afresh at the 2017 Shanghai Diamond League. Sam ...


Buffett 'blew it' by not buying stock in Amazon and Google

On Saturday tens of thousands of investors attended an annual Berkshire Hathaway event in Omaha, Nebraska. Apple's (AAPL) brand loyalty and reasonable valuat...


Start-up Improbable raises £390m to develop virtual reality technology

SoftBank managing director Deep Nishar will take a seat on Improbable's board, but the Japanese firm will not hold a controlling stake in the United Kingdom c...


Australia plans major spending plus surplus in 3 years

It's expected to raise $1.2 billion over four years for the Skilling Australians Fund. "There is clearly the potential for better days ahead", Mr Morrison sai...


Trump says he invented the phrase 'prime the pump.' But, why?

Trump asked. " Because I haven't heard it ". I mean , I just... During an interview with the publication, Trump said he was fine with his tax plan incre...


North Korea: US and South Korea tried to assassinate Kim Jong Un

USFK said his visit was intended "to view the contested waters between the ROK and the Democratic People's Republic of Korea (DPRK) and to gain a first-hand a...


Oil rebounds, as OPEC talks up cutting supply into 2018

The higher prices were a result of top exporter and de facto OPEC leader Saudi Arabia saying on Monday it would "do whatever it takes" to rebalance a market tha...


Le Pen aides brush off plagiarism of Fillon in French election speech

But the war remains a hard area for Ms Le Pen. Despite their differences Le Pen's father, former presidential candidate Jean Marie Le Pen, endorsed his daught...


Trump administration hollows out EPA science integrity board

Experts are limited to serving two terms on the board, and Swackhamer said that in the past those completing their first term would typically have been reappo...


Hertz Global Holdings, Inc (HTZ) Receives $32.44 Average PT from Analysts

Hertz Global Holdings, Inc. A ROI of 0.50% for the company evaluates and compares the efficiency of the various numbers of investments relative to the cost of...


United CEO Munoz on hot seat as Congress examines air travel

United Airlines and other big U.S. airlines on Tuesday justified their practice of overbooking flights, saying it allows them to keep fares lower and accommodat...


Buffett blasts Wells Fargo for ignoring sales abuses

Warren Buffett, who controls the largest stake in Wells Fargo & Co., said Saturday that the bank mishandled its fraudulent-accounts scandal by failing to act pr...


'Guardians' sequel blasts off to $17M on opening night

Some are waiting for the weekend. " You'll see! You'll see!" she teased. For this following post contains plenty of those. " 'Guardians of the Galaxy Vol...


US FCC chairman to announce plans to repeal net neutrality

Pai, who vehemently opposes FCC's approach to net neutrality , earlier made it clear that even though he supports a set of net neutrality principles, he is a...


Trump tax plan will sharply slash corporate tax rates

Mr Ryan has been a strong supporter of a proposed border-adjustment tax which would tax imports coming into the United States and help offset any cut in the c...


Crucial test for transport bill in Colorado Senate

Meanwhile, school advocates say they are using the flexibility allowed in state law to make local decisions about whether teachers are needed, pointing out they...


Marissa Mayer to make $184m from Yahoo's sale to Verizon

However, Yahoo's core email, search and news business has struggled to keep up with rivals Google and Facebook, and Ms Mayer, who took on the CEO position nearl...


Tied at 2: Gasol lifts Grizzlies past Spurs 110-108 in OT

The Grizzlies overcame 23 turnovers that translated into 31 San Antonio points. Randolph also had eight rebounds and one blocked shot. The Grizzlies won des...