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Lira sinks after Erdogan sacks Turkish central bank chief

Lira sinks after Erdogan sacks Turkish central bank chief

Inflation reached 24% in August 2018, peaking at 25% in October. The orthodox policy did tame inflation. Over the last couple of years, investors have been anxious over President Erdogan's increas...

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WeWork to raise $4 billion in debt ahead of IPO

WeWork to raise $4 billion in debt ahead of IPO

The potential debt offering underscores the extent to which the disappointing public market debuts for Uber Technologies and Lyft have prompted other loss-making start-ups with lofty valuations look...

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Here Are the Prime Day Deals Coming to Whole Foods

Here Are the Prime Day Deals Coming to Whole Foods

It's nearly here, folks. Of course, this is just one of many deals available exclusively for Prime members this month as part of Amazon's lead-up to Prime Day . Target's deal event kicks off on M...

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Volkswagen & Ford to share electric, self-driving technology

Volkswagen & Ford to share electric, self-driving technology

Ford and Volkswagen have agreed to share autonomous and electric auto technologies with each other according to a report from Reuters published on Friday. In fact, Volkswagen, which sold the highest...

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Elon Musk: Car prices will 'rise significantly' after Tesla launches robotaxi service

The new chip has been shipping in Model S, X, and 3 cars since before its announcement, but soon it will be offered as a free upgrade to half a million Tesla owners. For now, the Full Self-Driving pac...

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European central bank urges regulators to act fast regarding Libra

European central bank urges regulators to act fast regarding Libra

He has spoken of the need of regulators after Facebook had unveiled Libra more than two weeks ago. The minister added that the Singapore government now did not have details as to how Facebook...

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CannTrust faces Health Canada problems, warns of product shortages

CannTrust faces Health Canada problems, warns of product shortages

A Canadian cannabis company has been found non-compliant by Health Canada for growing pot in greenhouse rooms that didn't have a licence to operate at the time. "All product sold from the impacted roo...

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Oil Minister Bijan Zanganeh says hopeful Iran's oil exports will improve

Oil Minister Bijan Zanganeh says hopeful Iran's oil exports will improve

The owner of Britain's biggest oil pipeline, Ineos, said on Sunday it had started to reduce flows on the Forties pipeline system to around 150,000 barrels per day until Tuesday to fix a processing uni...

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EC approves Flybe acquisition by Virgin Atlantic consortium

EC approves Flybe acquisition by Virgin Atlantic consortium

The merger of these companies - Flybe , Stobart Air and Propius - into Connect Airways has now been confirmed. "We are pleased to have received merger control clearance which means that Connect Air...

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EU works for European candidate at IMF- senior official

EU works for European candidate at IMF- senior official

Though born and raised in Canada, Carney, who is also a former governor of the Bank of Canada, holds British and Irish passports in addition to his Canadian citizenship. Lagarde, who now heads the Int...

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Outage problems at Rogers Wireless cause intermittent service

Outage problems at Rogers Wireless cause intermittent service

Rogers' customers tweeted to RogersHelps in frustration as many were not able to make or receive calls on Sunday. The problems with Rogers mobile phone calls seem to have also affected other carrier...

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Oil Prices Post First Weekly Drop In Three Weeks

Oil Prices Post First Weekly Drop In Three Weeks

Benchmark Brent crude edged up 0.25 percent to $64.38 a barrel while U.S. West Texas Intermediate (WTI) futures were up 0.1 percent at $57.55 a barrel. White House Economic adviser Larry Kudlow has co...

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Steve Jobs was master at ``casting spells`` on workers: Gates

Now a philanthropist with a fortune estimated at $107 billion, according to the Bloomberg Billionaires Index, Gates said he's "not pushing quite as insanely". Apple chief design officer Jony Ive who...

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Top Officials to Meet Biz Leaders to Discuss Japan's Export Curbs

Top Officials to Meet Biz Leaders to Discuss Japan's Export Curbs

South Korea previously had preferential treatment from Japan for export of these materials. South Korea is assessing the risks of a row with Japan over forced wartime labour spreading to the financi...

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Turkish lira weakens to 5.8125 after cenbank governor dismissed

Turkish lira weakens to 5.8125 after cenbank governor dismissed

Adjusted for inflation, Turkey's policy rate last week climbed to the highest since at least 2011. SYDNEY, July 8 ( Reuters ) - Asian shares were a sea of red on Monday after strong US job gains tem...

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Deutsche Bank posts Q2 loss, launches 7.4b euro overhaul

Deutsche Bank posts Q2 loss, launches 7.4b euro overhaul

Deutsche Bank said the restructuring could cost it €7.4 billion ($8.31) between until the end of 2022. Whole teams in Deutsche Bank's Asian operations were told their positions were gone today, as ...

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Toddler dies after being 'dropped by grandfather' on cruise ship

Toddler dies after being 'dropped by grandfather' on cruise ship

She died in hospital a short time later. According to local outlet Primera Hora , the girl was from IN in the United States and was vacationing with her parents, younger brother and paternal grandp...

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Fed Faces Tougher Task in Deciding Whether to Cut U.S. Rates

Fed Faces Tougher Task in Deciding Whether to Cut U.S. Rates

That being said, later on the market got a bit of relief due to Jerome Powell suggesting that the Federal Reserve was also going to do whatever it takes to keep the economy going, and other words ke...

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British Airways slapped with £183m GDPR mega-fine over 2018 breach

British Airways slapped with £183m GDPR mega-fine over 2018 breach

Previous fines given out by ICO have been for pocket change, like the paltry £15,000 which Cambridge Analytica was fined for failing to hand over its data on an American citizen, or the £500,000 ch...

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Volkswagen ID. R sets Goodwood Hillclimb record

Volkswagen ID. R sets Goodwood Hillclimb record

R electric racer taking well over a second from Nick Heidfeld's 20-year-old record in a McLaren Formula 1 vehicle. "I am very proud to have set the all-time record in Goodwood with the ID R ", Duma...

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Several eye drops and ointment sold at Walgreens and Walmart recalled

Several eye drops and ointment sold at Walgreens and Walmart recalled

Altaire said it was recalling products sold at Walgreens including Lubricant Eye Drops Moisturizing, Lubricant Eye Drops Moisturizing Twin Pack, Sodium Chloride Ophthalmic Ointment 5 percent Hypertoni...

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Jaguar Land Rover accelerates electrification plan

Jaguar Land Rover accelerates electrification plan

Industry expert, David Bailey, a business economics professor at Birmingham Business School, said that Jaguar Land Rover could not wait to see Brexit's outcome, as the firm required an update in its r...

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Contaminated pig ear treats could sicken pets, owners: FDA

Contaminated pig ear treats could sicken pets, owners: FDA

Officials said that 12 cases had to be hospitalized. Pet Supplies Plus said it was recalling certain pig ear treats over possible salmonella contamination. Retail locations where sampling occurr...

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Amazon reveals details on how it keeps Alexa data

Amazon reveals details on how it keeps Alexa data

Or are the transcripts are stored indefinitely on Amazon servers without giving users options to delete them? In it, Amazon did confirm that it does keep the voice recordings until the users choose ...

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USA auto industry legend Lee Iacocca dies age 94

USA auto industry legend Lee Iacocca dies age 94

Iacocca's first sales campaign in the mid-1950s was so successful that it attracted the attention of company executives and brought him to the Ford headquarters in Dearborn, Michigan. In 1979, the U...

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Police Identify Suspect in Viral Ice Cream Licking Video

Police Identify Suspect in Viral Ice Cream Licking Video

Even though the ice cream was left untouched, Blue Bell says it is still throwing it all away. The girl, a juvenile whose name has not been released, has been identified by Lufkin, Texas police as the...

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AU selects Ghana to host African Continental Free Trade Secretariat

AU selects Ghana to host African Continental Free Trade Secretariat

A statement signed by Special Adviser to the President on Media and Publicity, Femi Adesina, said the extraordinary session of the Assembly of the Union is expected to launch the operational instrumen...

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Dogecoin Hits Over 30% Gains Following Binance Listing

Dogecoin Hits Over 30% Gains Following Binance Listing

DOGE Listing Fee is 0 BNB . Binance said in a support notice that trading will open for dogecoin (DOGE ) at midday (UTC) Friday. Traders are already able to deposit their DOGE assets in...

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Despite... the EU? German Bank Slashing 18,000 Jobs in 'Restructuring'

Despite... the EU? German Bank Slashing 18,000 Jobs in 'Restructuring'

With nearly 8,000 staff, London is the home to its biggest trading operation. The German bank said it will implement a cost reduction program to reduce costs to 17 billion euros in 2022, targeting a...

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Greece heads to polls, expected to oust Tsipras

Greece heads to polls, expected to oust Tsipras

After voting in Kypseli, near the center of Athens , with his supporters cheering, the premier called on young people "not to leave this crucial decision for their lives in the hands of others". The ...

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