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China's Growth Slumps to Lowest Since 1990

China's Growth Slumps to Lowest Since 1990

China's President Xi Jinping applauds during a celebration meeting marking the 40th anniversary of China's "reform and opening up" policy at the Great Hall of the People in Beijing on December 18, 2...

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Chinese economy powering ahead, fulfilling 2018 targets

Chinese economy powering ahead, fulfilling 2018 targets

The cooling of the world's second biggest economy was broadly in line with what economists were expecting. "Key risks are the ongoing trade tension with the USA and that credit growth does not recov...

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Trump cancels Davos 'out of consideration for the 800000 great American workers'

Trump cancels Davos 'out of consideration for the 800000 great American workers'

Last Thursday, Trump canceled his own trip to Davos, citing the ongoing shutdown , and apologized to the hosts for his absence. After the White House released a statement announcing the restricti...

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Is Your Email Address Affected By A Massive Data Leak?

Is Your Email Address Affected By A Massive Data Leak?

The newly discovered "Collection #1" is the largest public data breach by volume , with 772,904,991 unique emails and 21,222,975 unique passwords exposed. In a recent data breach, over 2 billion emai...

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Google fined $57 million under European privacy law

Google fined $57 million under European privacy law

The fine was levied, CNIL said, because Google made it too hard for users to find essential information, "such as the data-processing purposes, the data storage periods or the categories of personal d...

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International Monetary Fund warns on eurozone slowdown

Lagarde said the International Monetary Fund is making "a further downward revision" in its global economic forecasts. "India's economy is poised to pick up in 2019, benefiting from lower oil pr...

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More than 250 passengers stranded on board freezing plane

More than 250 passengers stranded on board freezing plane

But after paramedics took him to hospital, the plane couldn't take off. In a statement to ABC 7 Eyewitness News, United said they apologized to the 250 passengers on board and that the crew was do...

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Shareholders Doesn't Want Amazon to Sell Its Facial Recognition Tool

Shareholders Doesn't Want Amazon to Sell Its Facial Recognition Tool

The official resolution was organized by the non-profit Open Mic, whose executive director Michael Connor talked to Cheddar about the need for regulation. The American Civil Liberties Union, which o...

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China economy: Fourth quarter growth slips to 6.4%

While China watchers advise caution with Beijing's official GDP numbers, the data is seen as a useful indicator on the country's growth trajectory. Fixed-asset investment rose 5.9 percent in 2018,...

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Ryanair Lowers Profit Forecast Amid Tough Competition

Ryanair Lowers Profit Forecast Amid Tough Competition

Ryanair said profit after tax would come in at 1.0-1.1 billion euros (US$1.14-US$1.25 billion) in the 12 months to the end of March. Full-year profits are now expected to be in a range of €1.0bn to ...

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Technical issue hits online Lloyds, Halifax and Bank of Scotland customers

Technical issue hits online Lloyds, Halifax and Bank of Scotland customers

The bank issued an update at about 1:30 p.m. EST, or six hours after the original announcement, saying Faster Payments were now being processed, but warned that certain payments might be delayed. The...

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Tesla To Cut Workforce By Seven Percent

Tesla To Cut Workforce By Seven Percent

The company delivered more than 245,000 electric cars and SUVs last year, almost as many as all previous years combined. "The California-based company had a torrid 2018 as it struggled through pro...

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Trump offers temporary relief for Dreamers in exchange for border wall funding

Trump offers temporary relief for Dreamers in exchange for border wall funding

While Pelosi called for several items that are part of Trump's plan-including technology upgrades to screen for drugs, weapons and other contraband and more immigration judges-she did not offer a ...

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OPEC publishes output cut quota for six months to June

OPEC publishes output cut quota for six months to June

The first ones include a growing world oil demand (+1.4 million barrels per day to 100.6 million b/d in 2019, according to the International Energy Agency ), output reductions by OPEC and several non...

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Associated British Foods (LON:ABF) Earns

Associated British Foods (LON:ABF) Earns "Buy" Rating from UBS Group

Investors in British stocks turned their focus from political to company developments on Thursday as results from software firm Sage, Primark owner ABF , and bookmaker GVC triggered big moves and wea...

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UK Retail Sales Fell in December

UK Retail Sales Fell in December

The ONS said that there was no longer an increase in retail sales into December. United Kingdom retail sales fell by more than expected in December after consumers brought forward their Christmas sh...

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Reliance looks to take on Amazon, Flipkart with own etailer

Reliance looks to take on Amazon, Flipkart with own etailer

The energy-to-consumer conglomerate joins Amazon and Flipkart in expanding aggressively in the world's fastest-growing major e-commerce market, where organised retail is still a rarity. As per t...

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Renault says

Renault says "actively working" to appoint successor to embattled CEO Ghosn

Since his stunning arrest on November 19 the auto tycoon - who still officially heads up Renault - has languished in a Tokyo detention center, facing questioning over allegations he underreported hi...

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Sears creditors challenge ESL’s winning bid | Columbus Ledger-Enquirer

Sears creditors challenge ESL’s winning bid | Columbus Ledger-Enquirer

The deal would keep open more than 400 stores, preserve up to 45,000 jobs and ESL would acquire substantially all of the company, including its "Go Forward Stores" on a going-concern basis, Sears said...

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Hundreds of flights in Chicago canceled due to winter storm

Hundreds of flights in Chicago canceled due to winter storm

The winter storm is inching its way toward New England after dumping snow and slowing travel for residents in the Midwest and Plains states. There are heavy bands of snow moving through northern I...

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Smooth Kaufman Indicator in Focus For Aurora Cannabis Inc

Smooth Kaufman Indicator in Focus For Aurora Cannabis Inc

A big factor in scooping up profits during bull or bear markets is having the ability to identify when markets are beginning to peak or bottom out. With this in mind, investors can proceed with a plan...

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Aer Lingus Has Had A Makeover!

Aer Lingus Has Had A Makeover!

The aim of the new update is to give a more modern image as it continues to expand into the North Atlantic market. The brand refresh is being delivered in keeping with Aer Lingus' value carrier mode...

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Patisserie Valerie deputy chairman resigns amid accounting scandal aftermath

Patisserie Valerie deputy chairman resigns amid accounting scandal aftermath

Patisserie Holdings has faced a turbulent few months, almost collapsing last autumn after a £20m black hole was discovered in its finances. The company said it was now clear that the cash flow and p...

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Morgan Stanley Results May Signal BofA, Goldman Rally Has Legs

Morgan Stanley Results May Signal BofA, Goldman Rally Has Legs

The American bank said that revenue from fixed income sales and trading, which includes bonds, currencies and commodities, fell by 30 per cent in the fourth quarter to $564 million, from $808 millio...

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Geely plans China factory for Lotus

Geely plans China factory for Lotus

Currently, Lotus cars are all built in Norfolk, England. Back in 2017, Geely bought a majority stake in Lotus to reinvigorate the struggling brand. Geely and Lotus said in a joint statement th...

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Ford is building an all-electric F-150 truck

Ford is building an all-electric F-150 truck

We reached out to a Ford representative who confirmed the truck is in development, adding, "We are constantly looking at new ways to better serve our truck customers, from materials to features to pro...

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Gluten-Free Chicken Nuggets Recalled after Consumers Find Wood in Them

Gluten-Free Chicken Nuggets Recalled after Consumers Find Wood in Them

According to Perdue, the company became aware of the problem after three consumers filed complaints. Certain packages of Perdue chicken nuggets have been recalled after people said the products we...

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US Treasury Secretary Mnuchin Weighs Lifting Tariffs on China

US Treasury Secretary Mnuchin Weighs Lifting Tariffs on China

Trade Representative Robert Lighthizer has reservations about the idea, the newspaper reported Thursday, citing unnamed people close to the discussions. Asian shares also gained yesterday. "A lot of...

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Government Relaxes Tax Exemption Process for Angel Fund Investments in Startups

Government Relaxes Tax Exemption Process for Angel Fund Investments in Startups

Commerce Minister Suresh Prabhu has given nod to make required changes, especially Section 56 (2) (viib) of the Income Tax Act clause, and make allowances for angel investors, said a PTI report qu...

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Oil jumps 3 pct on OPEC plan details, US-China trade hopes

The price of oil remains about 20 percent up on the 18-month low registered in late December, but investors appear to remain concerned about the trade war between the United States and China. However,...

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