Stories about Markets

Oct 03 2018

At $84, Oil Hits Highest Since 2014

The most-active December Brent crude futures contract LCOv1 settled up 59 cents at $81.38 a barrel, below the session high of $81.90 but still within sight of Tuesday's f...

Oct 02 2018

More stock whiplash as Tesla rebounds after Musk settlement

In a settlement reached with the Securities and Exchange Commission (SEC) on Saturday, September 29, Elon Musk will step down as Tesla chairman, following a tweet tha...

Oct 01 2018

Tesla shares soar 16% after Elon Musk settles fraud lawsuit with regulator

This is only the midpoint of his Musk-sational 2018 narrative . Analysts expect Wall Street will now be able to focus more on production numbers for the Model 3 this w...

Oct 01 2018

Elon Musk to Resign as Chair of Tesla Board but Remain CEO

The US Securities and Exchange Commission said on Saturday that car-maker Tesla and Chief Executive Elon Musk had agreed to pay $20 million each under a settlement...

Sep 27 2018

PM defends negotiators after Trump slams Canada

Trudeau also said a good and fair deal is still "very possible". "That's the big one", Trump explained. Bank of Canada Governor Stephen Poloz is due to speak on Thurs...

Sep 26 2018

Brent oil jumps to four-year high near $81

New inventory data from the US Energy Information Administration and Department, which will be released later this week, will be crucial in deciding the price curve. ...

Sep 25 2018

Instagram co-founders resign, CEO Kevin Systrom says will ‘take time off’

The departures at Facebook's fastest-growing revenue generator come just months after the exit of Jan Koum, co-founder of Facebook-owned messaging app WhatsApp , leaving...

Sep 25 2018

China says it won't hold trade talks unless Trump stops threats

The U.S. imported more than $9 billion worth of furniture from China in 2017. It leaves Beijing hitting US$110 billion worth of United States goods, almost everythi...

Sep 22 2018

Jet Airways row: Passengers are now stable, say doctors

Five people who were seriously affected were transferred to Nanavati hospital and were treated accordingly. Lalit Gupta, a senior official of DGCA, told the Hindustan ...

Sep 20 2018

IEA Warns of Higher Oil Prices as Iran and Venezuela Losses Deepen

Oil prices rose on Wednesday following a report that crude inventories in the United States fell and as looming sanctions against Iran raised expectations of tighteni...

Sep 19 2018

Dena, Vijaya, BoB to merge and form country’s 3rd largest bank

This will create the country's third-largest bank, and capital support will be provided to the merged entity by the government. In a surprise move aimed at reviving the...

Sep 18 2018

Coca-Cola looking into cannabis-infused drinks

That makes such drinks a great opportunity for beverage makers to diversify their product lines and many have already begun to do so. The firm declined to comment but s...

Sep 18 2018

U.S. spares Apple and Fitbit from new China tariffs

Collection of tariffs on the long-anticipated list will start September 24 but the rate will increase to 25 percent by the end of 2018, allowing USA companies some time...

Sep 12 2018

Sketchy Leak Says Apple Watch Series 4 Will Feature Circular Design

In addition to touting a greater screen size, Ming-Chi Kuo previously insisted the Apple Watch Series 4 will come with better battery life and improved health sensors...

Sep 11 2018

Fuel Prices Increased. Left declares Bharat Bandh on Monday

Rajasthan government has already announced a four percentage point cut in VAT on petrol and diesel, while Andhra Pradesh announced a Rs 2 cut in petrol and diesel prices...

Sep 09 2018

Trump calls on Apple to move production from China to US

In its letter this week to the Office of the U.S. Trade Representative, Apple said that "because all tariffs ultimately show up as a tax on USA consumers, they will i...

Sep 07 2018

Former President Obama delivers speech at University of IL

Obama has made some appearances since Trump took office - including headlining a fundraiser for the Democratic National Committee earlier this year - but the Trump era h...

Sep 06 2018

US oil prices rise as Gulf oil rigs evacuated ahead of hurricane

Benchmark Brent crude was up 1.33 percent at $79.20 a barrel. USA sanctions are already curbing exports from Iran. "In part, this is because of the USA -dollar's stre...

Sep 03 2018

Donald Trump Bashes AFL-CIO Union Leader Richard Trumka on Labor Day

Kansas exports totaled more than $11 billion in 2017 , led by agricultural products, aircraft and airplane parts. One individual pointed out that when it comes to hy...