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Africa's Second-Largest Economy South Africa Enters Recession

The South African economy on Tuesday contracted into a technical recession, Bloomberg has reported. According to Statistics South Africa, agricultural production declined by 29.2 percent, while the ...

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Progressive Defeats Longtime Dem House Incumbent In Boston

Progressive Defeats Longtime Dem House Incumbent In Boston

Representative Michael Capuano , 66. Ayanna Pressley , now serving on the Boston City Council, beat the 10-term Democrat in another big Democratic upset. The result of this race isn't likely to ...

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McDonald's customers create fake poster to hang in restaurant promoting racial diversity

If you haven't noticed, there isn't a lot of Asians represented in media. "It's now been 51 days since i hung it up". "We were eating McDonald's one day and we looked around and saw there were poste...

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JD.com shares dip after CEO's arrest and release

JD.com shares dip after CEO's arrest and release

While j‌ai‌l records did not provide details of the alleged incident, rumors circulating online suggest that the se‌xua‌l misconduct allegations against Liu were made by a female Chinese student at th...

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Amazon market value tops $1tn

Amazon market value tops $1tn

Note that Morgan Stanley's theoretical breakdown assumes a stock price of $2,500 - higher than Amazon's current price, and thus a market value of slightly higher at $1.32 trillion. In the second qua...

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Cosby Show actor responds to viral photo of his Trader Joe's job

Cosby Show actor responds to viral photo of his Trader Joe's job

The coverage prompted swift backlash, with many of Owens's fellow actors sharing their own experiences of taking on jobs to make ends meet between acting roles. But actually, it's not better. "Eve...

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Amazon becomes world's second $1tn company

Amazon becomes world's second $1tn company

Market watchers have been expecting both Amazon and Apple to eventually have valuations topping $1 trillion. The company's share price needed to rich $2050.27 in order to reach $1 trillion. That happe...

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Oil prices jump as Gulf of Mexico rigs evacuated

This is also a headwind for prices if we are talking about Iranian sanctions as the number-one bullish factor. USA markets were closed on Monday for Labor Day. Many global shippers have stopped loadin...

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TSB CEO leaves bank after IT fiasco batters brand

TSB CEO leaves bank after IT fiasco batters brand

Earlier this year, roughly 1.9 million account holders were unable to access their digital or mobile accounts due to a widespread IT breakdown. "Although there is more to do to achieve full stabilit...

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Argentina unveils 'emergency' austerity measures, grain export taxes

Argentina unveils 'emergency' austerity measures, grain export taxes

A man walks outside a building in Buenos Aires' financial district, Argentina September 3, 2018. But Mr Macri said on Monday: "We must confront a fundamental problem: to not spend more than we have,...

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India's Manufacturing Growth Slowed in August as Domestic Demand Softened: PMI

But the Nikkei Manufacturing Purchasing Managers' Index (PMI), compiled by IHS Markit, suggested a slight loss of momentum last month. Official data released Friday showed that India's economy exp...

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Turkey: Currency Continues to Struggle

Turkey: Currency Continues to Struggle

The lira has lost almost 45 percent of its value since the start of the year against the dollar as investors took fright over a bitter row with the United States and anxiety over the direction of poli...

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California looks to adopt Obama-style net neutrality rules

California looks to adopt Obama-style net neutrality rules

The bill seeks to turn California into the leader of a widening state-led backlash against the FCC, which did not respond to a request for comment. "But that hiccup means that, although a version of t...

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Oil prices higher as USA sanctions limit Iran exports

Oil prices higher as USA sanctions limit Iran exports

Oil tanker is seen at sunset anchored off the Fos-Lavera oil hub near Marseille, France, October 5, 2017. US West Texas Intermediate ( WTI ) crude futures were at $69.62 per barrel, down 18 cents, o...

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China to restrict new games to protect child health

China to restrict new games to protect child health

The reason for the block on approvals was not clear, though it's been suggested the restructuring of the government body could be why. Tencent shares that has a market estimation of around HKD 3.2...

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McCain ends 81-year journey with burial at Naval Academy

McCain ends 81-year journey with burial at Naval Academy

Meghan McCain's politicization of the eulogy for her deceased father shocked many people who were watching the funeral services on Saturday on live television - or watching it on livestreams ...

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Fuel prices to remain unchanged: Radebe

Fuel prices to remain unchanged: Radebe

Delhi charges a VAT of 27 per cent on petrol and 17.24 per cent on diesel. Fuel prices have continued to march upwards touching new all-time highs on Monday. The price of diesel, paraffin and LP gas...

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Speakers at McCain burial take swipes at absent Trump

Speakers at McCain burial take swipes at absent Trump

A service held at the National Cathedral Saturday featured eulogies from McCain's daughter Meghan and former Presidents Barack Obama and George W. Bush . Bush and Obama were among hundreds of famil...

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Coca-Cola expands into coffee with $5.1 billion deal for Britain's Costa

Coca-Cola expands into coffee with $5.1 billion deal for Britain's Costa

Whitbread, which had been in the process of demerging its coffee business from its hotel chain, acquired Costa in 1995 for 19 million pounds when it had only 39 shops. Brittain, who has led Costa-owne...

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White workers at South Africa's Sasol to strike over black share scheme

White workers at South Africa's Sasol to strike over black share scheme

Under black economic empowerment rules, companies are required to meet quotas on black ownership, employment and procurement as part of a drive to reverse decades of exclusion under apartheid. " We ha...

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JD CEO's arrest steps on governance landmine

JD CEO's arrest steps on governance landmine

It said Liu had been participating in a business activity at the time when false accusations were made against him, and that a police investigation had not found any inappropriate behavior. Univ...

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Ethereum Price and Usage Disappoint Despite ETH Futures Rumors

Ethereum Price and Usage Disappoint Despite ETH Futures Rumors

If this is true, it could mean a lot for Ethereum . BOE Global Markets, the company behind launching Bitcoin [BTC] futures a year ago, has reportedly revealed that they would be launching a futur...

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Herberger's stores closed for now?

Herberger's stores closed for now?

There have been no announcements from Bon-Ton or its creditors about the message on the websites. Herberger's, which was established in 1927, is part of Bon-Ton Stores Inc. The company for about a y...

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Google and Mastercard are secretly tracking your offline purchases

Google and Mastercard are secretly tracking your offline purchases

Why? A new Bloomberg report describes a partnership with Mastercard in which the tech giant gets access to offline sales data . The encryption technology Google is referencing enables the track...

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How major US stock indexes fared Thursday

How major US stock indexes fared Thursday

Despite the trade tensions that dominated much of the year, the main indexes have inched to record levels, helped by solid earnings and economic data pointing to a strong US economy. The S&P index rec...

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President Kenyatta criticises Theresa May's 'rushed and belated' Africa visit

President Kenyatta criticises Theresa May's 'rushed and belated' Africa visit

Kenyan and British governments on Thursday pledged to deepen trade and investment partnership under the post-Brexit arrangement. President Uhuru Kenyatta on Thursday came under fire from an worldw...

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Scoot, Skip Selected for SF Scooter Pilot Program

Scoot, Skip Selected for SF Scooter Pilot Program

In San Francisco, the dockless scooters that once covered the city's streets and sidewalks like bees on a hot dog stand are finally returning. The agency looked for applications that prioritized the c...

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Ford won't sell Focus crossover in US due to tariffs

Ford won't sell Focus crossover in US due to tariffs

Ford (F) is scrapping the Focus Active , though it will continue to sell a sedan version of the Focus outside the United States. She said forty eight p.c of the vehicles sold in the US had been im...

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Argentina raises interest rates to 60% as peso plummets

Argentina raises interest rates to 60% as peso plummets

He insisted the path taken by Macri, since he took office in December 2015 after the free-spending leftist government of Cristina Kirchner, is one "of fiscal balance, development and growth". The Cent...

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Panasonic set to move its European base to Amsterdam due to Brexit

Panasonic set to move its European base to Amsterdam due to Brexit

Panasonic has become one of the first global companies to lay the blame of a decision to move their headquarters to Europe directly on the doorstep of Brexit. Abadie says Britain's plans to lower corp...

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