Mega Millions' $654M prize is fourth-largest in US history

Mega Millions is not the only game in town. That amount makes the latest jackpot the second-largest prize in Mega Millions history , coming in just behind 2012's record-breaking $656 million jackpot. They're stuck at a miserable one in 302.5 mill... More..

by | Published more than a month ago
Chrystia Freeland says Canada ‘very troubled’ by disappearance of Saudi journalist
by | Tuesday, October 16, 2018

Chrystia Freeland says Canada ‘very troubled’ by disappearance of Saudi journalist

Trump, after speaking on Monday with King Salman, said without offering evidence that the slaying could have been carried out by " rogue killers ". The family of missing activist Jamal Khashoggi said Monday...More..

Saudi Arabia government pledges ‘greater action’ if USA retaliates for Khashoggi disappearance
by | Tuesday, October 16, 2018

Saudi Arabia government pledges ‘greater action’ if USA retaliates for Khashoggi disappearance

Saudi Arabia is apparently considering an admission that Khashoggi died during an interrogation that went wrong, U.S. media reported Monday. One source says the report will likely conclude that the operati...More..

Mega Millions grows to $548M making it third-largest jackpot in history
by | Monday, October 15, 2018

Mega Millions grows to $548M making it third-largest jackpot in history

Powerball tickets selling at the same price will only be available until 9:50 p.m. tomorrow. Those winning tickets were sold in California, Colorado, Pennsylvania and Wisconsin. The jackpot's been growing si...More..

Secretary Mnuchin says China trade talks must include currency issues
by | Saturday, October 13, 2018

Secretary Mnuchin says China trade talks must include currency issues

Evans said he wasn't aware of "anything happening in the last couple of weeks that alter my basic take that financial stability conditions are reasonably moderate, and that we're in reasonable shape at the mome...More..

China injects $110 billion in wake of trade war with US
by | Friday, October 12, 2018

China injects $110 billion in wake of trade war with US

On Sunday, the People's Bank of China announced a 100-basis-point cut to lenders' reserve requirement ratio (RRR), stepping up efforts to pump more liquidity into markets and support the domestic economy . T...More..

Sudden jump in U.S. interest rates prompts Wall Street stock plunge
by | Friday, October 12, 2018

Sudden jump in U.S. interest rates prompts Wall Street stock plunge

All 30 of the Dow's stocks were in the red and it fell below 26,000 total points for the first time in a month, CNN reported . Investors may want to shift out of momentum and into more defensive stocks - c...More..

US Investigators Probe Khashoggi's Disappearance in Turkey
by | Friday, October 12, 2018

US Investigators Probe Khashoggi's Disappearance in Turkey

Saudi Arabia faces unprecedented pressure over the fate of Jamal Khashoggi , the journalist who disappeared after entering its consulate in Istanbul last week and is believed to have been murdered there. Kh...More..

Officials say stop forwarding Facebook message, it’s a hoax
by | Tuesday, October 09, 2018

Officials say stop forwarding Facebook message, it’s a hoax

But if you have received one, don't worry - it doesn't mean your account has been cloned and you don't need to share on the message to warn others. The message is fake and by forwarding it your Facebook frien...More..

Toyota recalls 2.4 million hybrid cars due to stalling problems
by | Sunday, October 07, 2018

Toyota recalls 2.4 million hybrid cars due to stalling problems

Toyota doesn't sell the Auris in the U.S., which is why the Stateside component of this recall only covers the Prius and Prius V. The recall applies to 1.25 million vehicles in Japan , 807,000 in the USA...More..

India Introduces Fuel Relief On Rising Prices At The Pump
by | Sunday, October 07, 2018

India Introduces Fuel Relief On Rising Prices At The Pump

This is the second time in one year that the Centre has cut excise duty on petrol and diesel as rising prices pinch the common man. Recently, the BJP government announced a Rs 2.50 per litre reduction in pr...More..

Rupee plunges to fresh record low of 73.77 against dollar
by | Friday, October 05, 2018

Rupee plunges to fresh record low of 73.77 against dollar

The monetary policy stance has changed from neutral to "calibrated tightening". Five of the six panel members voted to leave the rate unchanged. RBI in its monetary meet has left the repo rate unchanged. Du...More..

Details of US, Mexico, Canada Trade Agreement
by | Thursday, October 04, 2018

Details of US, Mexico, Canada Trade Agreement

A similar agreement between Mexico and the USA preserves duty-free access to the US market for vehicles that comply with the agreement's rules of origin. Farmers have been battered by Trump's trade policy. Fo...More..

by | Monday, October 01, 2018

Tesla shares jump after SEC settlement leaves Elon Musk as CEO

Last week, the government charged Musk with making " false and misleading statements " to investors on his Twitter account when he said he had secured funding to take the company private. It ends a case that be...More..

US, Canada NAFTA trade deal, seals trilateral pact with Mexico
by | Monday, October 01, 2018

US, Canada NAFTA trade deal, seals trilateral pact with Mexico

On dairy the official said Canada essentially gave the USA the same access it offered in the Trans Pacific Partnership trade agreement that President Donald Trump rejected. Keeping chapter 19 will not affec...More..

What's next for Instagram as founders leave
by | Wednesday, September 26, 2018

What's next for Instagram as founders leave

Facebook's increasingly heavy-handed influence over its acquisition has frustrated Instagram's team, especially Krieger and Systrom. Instagram has been a bright spot in Facebook's faltering growth, along w...More..

Pilots forget to pressurise cabin, causing passengers to bleed
by | Monday, September 24, 2018

Pilots forget to pressurise cabin, causing passengers to bleed

The passengers are now being treated at the Mumbai airport. Around 30 passengers experienced nose and ear bleeds while, some even complained of headache. "The patients were brought in with bleeding and pain i...More..

OPEC chief: Cartel must stay together as United States sanctions Iran
by | Friday, September 21, 2018

OPEC chief: Cartel must stay together as United States sanctions Iran

US West Texas Intermediate ( WTI ) crude was up 83 cents at $69.74 per barrel, after rising over $1 to $69.95. The countries are the world's two largest economies. A committee of OPEC members and other prod...More..

Trump slaps fresh tariffs on $200B of Chinese goods
by | Tuesday, September 18, 2018

Trump slaps fresh tariffs on $200B of Chinese goods

Collection of tariffs on the long-anticipated list will start 24 September but the rate will increase to 25% by the end of 2018, allowing USA companies some time to adjust their supply chains to alternate count...More..

Police investigating after needles found in Australian strawberries
by | Monday, September 17, 2018

Police investigating after needles found in Australian strawberries

The woman who found the needles took to Facebook to alert others and urge people to check their strawberries or throw them out. Hoani Hearne, 21, was rushed to the hospital Sunday with "severe abdominal pai...More..

Amazon founder Bezos announces $2B charitable fund
by | Friday, September 14, 2018

Amazon founder Bezos announces $2B charitable fund

The initiative will be called the Bezos Day One Fund, borrowing from Amazon's corporate mantra to approach tasks with the initiative of a startup's first day. But it's really risky to demonize the media. It is ...More..

Fuel prices rise again, petrol nears Rs 90 in Mumbai
by | Tuesday, September 11, 2018

Fuel prices rise again, petrol nears Rs 90 in Mumbai

In Hyderabad , petrol costs Rs 85.75 and diesel Rs 79.37. The percentage increase was 20.5. Similarly, it has also shared the increase in diesel prices and the percentage hike in 2004, 2009, 2014 and 2018 re...More..

British Airways apologises after data breach
by | Monday, September 10, 2018

British Airways apologises after data breach

BA said it is in the process of contacting all affected customers. The data watchdog has said it would be making inquiries into the incident. The cybercriminals stole customer data British Airways website...More..

Is Goldman Sachs out of the cryptocurrency trading desk idea?
by | Saturday, September 08, 2018

Is Goldman Sachs out of the cryptocurrency trading desk idea?

Unfortunately, investors long on Bitcoin were, on Wednesday, shocked when Bitcoin prices sharply dropped by over United States dollars 300 in a matter of minutes. The overall market has lost around 18% of i...More..

China's richest man Jack Ma to stand down from Alibaba
by | Saturday, September 08, 2018

China's richest man Jack Ma to stand down from Alibaba

It's not clear exactly when Ma will leave Alibaba . Jack Ma , The co-founder and chairman of Alibaba plans to retire from the Chinese e-commerce giant on Monday to devote his time to philanthropy focused o...More..

Amazon reaches $1 trillion mark, but that's just the start
by | Wednesday, September 05, 2018

Amazon reaches $1 trillion mark, but that's just the start

As of writing, Amazon's market cap is sitting pretty at $994.75 billion; it's nearly a certainty that the company's valuation will top $1 trillion again relatively soon. In the second quarter the unit account...More..

Ayanna Pressley wins Democratic primary- will become first Black congresswoman in MA
by | Wednesday, September 05, 2018

Ayanna Pressley wins Democratic primary- will become first Black congresswoman in MA

No Republicans were running, so only a write-in campaign in November could possibly stand between her and Washington. Capuano said in his concession speech that "clearly the district wanted a lot of change"...More..

Yashwant Sinha Slams Government For Hike In Prices Of Petrol, Diesel
by | Tuesday, September 04, 2018

Yashwant Sinha Slams Government For Hike In Prices Of Petrol, Diesel

On that day, the rate in Mumbai was Rs 86.24 per litre. According to South African Petroleum Industry Association, the petrol retail price is regulated by the government. " OPEC (Organisation of the Petr...More..

China-Africa summit: Xi denies money being spent on vanity projects
by | Monday, September 03, 2018

China-Africa summit: Xi denies money being spent on vanity projects

All but six of the over 40 African leaders and heads of state and government attended the 3rd Summit chaired by the Communist leader Xi Jinping to definitely tighten China's grip over Africa and to deepen A...More..

President Trump's leaked 'off-record' comments complicate trade deal with Canada
by | Monday, September 03, 2018

President Trump's leaked 'off-record' comments complicate trade deal with Canada

The U.S. wants it out of the deal, but Canada says it must be included. "If we don't make a fair deal for the USA after decades of abuse, Canada will be out", he wrote. After all, the mutual lifting of trade ...More..

This life-size, drivable Bugatti is made out of 1 million Legos
by | Saturday, September 01, 2018

This life-size, drivable Bugatti is made out of 1 million Legos

Overall, 339 types of Lego Technic pieces have gone into it and there's not a single drop of glue holding the vehicle together, we're being told by Bugatti. Lego said in the Thursday announcement that th...More..

Mexico made ‘significant concessions’ in NAFTA deal with U.S: Chrystia Freeland
by | Saturday, September 01, 2018

Mexico made ‘significant concessions’ in NAFTA deal with U.S: Chrystia Freeland

Foreign Affairs Minister Chrystia Freeland, emerging Wednesday evening from her second meeting of the day with her USA counterpart, said officials would be working late into the night - and possibly all night...More..

Whitbread agrees to sell Costa Coffee for £3.9 billion to Coca-Cola
by | Friday, August 31, 2018

Whitbread agrees to sell Costa Coffee for £3.9 billion to Coca-Cola

Coca-Cola Co has agreed to buy the world's second largest coffee chain Costa from Britain's Whitbread Plc for an enterprise value of 3.9 billion pounds ($5.1 billion), opening a new front in its push away ...More..

Over 99 per cent of demonetised notes back with RBI
by | Thursday, August 30, 2018

Over 99 per cent of demonetised notes back with RBI

The bad hangover sustained for months as businesses were hit and lakhs of people lost jobs, while 104 people died standing in long queues struggling to get their old currency exchanged or deposited. At a pres...More..

Tesla reportedly got buyout interest from Volkswagen
by | Tuesday, August 28, 2018

Tesla reportedly got buyout interest from Volkswagen

Tesla investors are likely to suffer a lengthy hangover from Elon Musk's aborted offer to take the company private, Wall Street has warned. The bold tweet sent Tesla's stock skywards but it also drew intens...More..

US, Mexico reach new trade agreement
by | Monday, August 27, 2018

US, Mexico reach new trade agreement

Trump told reporters in July that he had a 30-minute phone call with Lopez Obrador, who assumes office on December 1, about trade, border security and a potential U.S. By definition, we buy more from them tha...More..

Oil prices rise for second day, buoyed by fall in U.S. inventories
by | Sunday, August 26, 2018

Oil prices rise for second day, buoyed by fall in U.S. inventories

The actual report was a build rather than a draw due to higher than normal crude oil inputs to the refineries. US crude rose more than 4 percent on the week, after seven consecutive declines, and Brent rose...More..

Cohen's Lawyer: Cohen 'Would Not Accept' Trump Pardon
by | Friday, August 24, 2018

Cohen's Lawyer: Cohen 'Would Not Accept' Trump Pardon

Facing a growing threat to his presidency, President Donald Trump lashed at his former personal lawyer Michael Cohen , a day after the onetime " fixer " implicated Trump in a campaign cover-up to buy the s...More..

Malcolm Turnbull: Australia PM's leadership on a knife edge
by | Friday, August 24, 2018

Malcolm Turnbull: Australia PM's leadership on a knife edge

Tired of his pugnacious predecessor, 70 per cent of Australians said that Mr Turnbull was their preference for prime minister and gave him a swift election-winning lead over Labor. Karen Middleton talks to TR...More..

Tesla stock loses billions after Elon Musk reveals ‘excruciating’ year
by | Monday, August 20, 2018

Tesla stock loses billions after Elon Musk reveals ‘excruciating’ year

Tesla shares fell almost 9% in midday trading on Friday to $305.61 after the New York Times story published Thursday evening. Today's interview with the New York Times is likely to increase that pressure...More..