Economy

RBA warns high dollar may slow growth

SYDNEY-Australia's central bank on Tuesday ramped up its warnings over recent strength in the Australian dollar saying it is becoming a potential brake on econo...


Ford is falling after a lacklustre sales report

Ford's sales were down 7.5 percent, Fiat Chrysler's declined 10 percent, Volkswagen's fell 5.8 percent, Nissan's fell 3 percent and Honda's were down 1.2 percen...


Kingfisher plc's (KGF) Buy Rating Reiterated at HSBC Holdings plc

Canaccord Genuity now has a GBX 1,650 ($21.76) price objective on the mining company's stock. Lastly, Jefferies restated an "underperform" recommendation and gi...


$10B Foxconn plant promises 3000 jobs for Wisconsin

State Rep. Samantha Kerkman, R-Salem Lakes, said she also has high hopes for the plant. Other states vying for the plant were Michigan, Illinois, Indiana, Ohio,...


United States Steel Corporation

Longbow Research downgraded AK Steel Holding Corporation from a "buy" rating to a "neutral" rating and raised their price target for the company from $6.20 to ...


Iran, US Navies Engage in Second Encounter in One Week

A US Navy ship has fired flares at an Iranian patrol boat in the Persian Gulf on the day Tehran condemned new sanctions on its missile programme. The aircraft...


Tesla Model 3 has no key, so don't forget your phone

With its $35,000 starting price - half the cost of Tesla's previous models - and range of up to 310 miles (498 km), the Model 3 could bring hundreds of th...


Japan to hike tariffs on frozen US beef imports

Japanese officials said on Friday they were raising duties on USA frozen beef exports to 50% from 38.5%. Japan's farm minister Yuji Yamamoto told reporters on...


Tollywood Drug Scandle: Ravi Teja Appeared Before Special Investigation Team

Ravi Teja had earlier told media that he was not a drug addict and he would help SIT in the investigation.Charmme, while investigation:Actress Charmme Kaur, wh...


3 Takeaways From Quarterly Earnings Report — Twitter Stock Price

Some users, though, are becoming increasingly dedicated to the the social media platform, as 12 percent more are visiting the site on a daily basis than p...


Dollar inches up as investors brace for Fed guidance

It did say, however, it "expects to begin implementing its balance sheet normalization program relatively soon" and because of that investors "may be getting ...


Australia's c.bank chief 'very comfortable' with low policy rates

The minutes of the last Reserve Bank meeting, a week ago, placed the notion of a theoretical neutral cash rate of 3.5 per cent, which sent markets into a frenzy...


Saudi Arabia's New Trick Is Turning Off the US Oil Tap

The two sides chose to remove about 1.8 million barrels per day (bpd) from the market in the first half of 2017, which equals 2 percent of global production, us...


Lyft plans to build own self-driving tech to rival Uber & Google

That's a big deal, because (depending on Lyft's progress) it could mean we'll get our hands on autonomous cars a little sooner. Lyft is not, for now, developi...


Why General Electric Earnings Won't Move the Needle Much

In the second quarter, Earnings per Share came in at 28 cents, as opposed to expectations of 25 cents. Its diluted earnings per share (EPS) was $0.15 from o...


Bank of America picks Dublin for European Union hub

United States investment bank Morgan Stanley has chosen Frankfurt as the site of its post-Brexit EU hub in a move that could put 200 jobs in the City of Lon...


BHP iron ore output hits new record but copper production tanks

The market capitalization of the company is at $104.92 Billion. The world's largest mining company said iron ore production increased 8% year-on-year in the...


Audi apologises for insulting ad in China comparing women to used cars

The ad showed a man and a woman preparing to say their vows before the groom's mother interrupts the ceremony and begins "inspecting" the bride. The groom's mot...


Rise in United Kingdom pension age brought forward by seven years

Mr Gauke said: " Combined with our pension reforms that are helping more people than ever save into a private pension and reducing pensioner poverty to a near ...


The Kardashians Can't Tell Kylie Jenner and Her Wax Figure Apart

Look at this picture and tell me which one is the Kylie made of flesh and blood, and which one is the Kylie made out of melted candle wax that someone molded in...