Finance

Tesla worried by China tariffs even as deliveries surge

Tesla reduced the number of Model 3s in transit to customers to 15 percent of total Model 3s delivered from 60 percent in the second quarter, a figure watched b...


Elon Musk’s SEC twitter taunts may backfire

Musk has often previously vilified short sellers, who bet that the price of a stock will go down, blaming them for spreading bad press and negative analysis on...


Aston Martin IPO pricing narrows toward bottom end of range

Books are covered at the new range, the company said, with trading set to begin on Oct 3 on the London Stock Exchange. The luxury carmaker has a valuation of ...


Emergency response at Sydney Airport after pilot's mayday call

Authorities said the 787-900 Dreamliner - which was bound for Sydney - was running low on fuel, and the pilot was following procedure. United Airlines flight ...


Prius included in vehicle recall for stalling problems — Toyota hybrid recall

See the chart below. The company said Friday that in rare cases the vehicles might fail to enter a "failsafe" driving mode, lose power and stall. The reca...


Petrol, diesel to be cheaper by Rs 3 in Hyderabad

Accusing the government of taking people for a ride, Maharashtra Congress President Ashok Chavan said that instead of the Rs 5 per litre assured by Fadnavis, ...


Fuel prices to be frozen for a ninth year

They are the people this party exists for", May will tell gathered delegates. She will add: "It's for them that we cut income tax, introduced a National Livin...


BONOKOSKI: New NAFTA deal spills some milk, stiffs Canada on tariffs

Canada is one of the most trade-dependent countries in the world and Trump's talk of ripping up that deal and imposing a 25 percent tariff on the auto secto...


Petrol, diesel cheaper by Rs 5 in Maharashtra and Gujarat

In New Delhi , petrol prices rose by 15 paise to Rs 84 a litre while diesel prices increased by 20 paise to Rs 75.45 per litre. Jaitley said the move follo...


US, Canada and Mexico praise 'historic' NAFTA replacement deal

He is joined by Mexico's Foreign Minister Marcelo Ebrard and Economy Minister Graciela Marquez. Perez said the agreement will likely be tweaked again be...


Trump engaged in tax fraud, dubious schemes in 1990s

The Times said its analysis drew on tax returns of Trump's father, among other documents, but not Trump's personal tax returns. It said Mr Trump began benef...


Oil nears four-year high as Iran export drop stokes concerns

Case in point: Russian Federation, whose deputy energy minister, Pavel Sorokin , said on Monday that production of hard-to-recover oil is expected to rise ...


Saudi King would not last 'two weeks' in power without United States support

The Saudi Arabian monarchy would fall "within two weeks" if it wasn't for the military support that the United States has provided to the Gulf kingdom over the ...


Passengers Stranded After Budget Airline Primera Air Collapses

Primera Air and its Latvia-based sister airline PrimeraAir Nordic, which has also ceased operations, are subsidiaries of Denmark's Primera Travel Group. The f...


Winners and losers of new Trump-approved USMCA trade deal under review

Dairy farmers across the Maritimes say the trade agreement will not only limit their exports, but that the quality of milk produced in the US just isn't compara...


Shell says it has approved huge gas project in Canada

Royal Dutch Shell, which has a 40% working interest in the project, is banking on global demand for LNG to double by 2035, much of it driven by Asian markets ...


Amazon raises minimum wage for British and American staff

The increase means it will now pay workers significantly more than the legal minimum wage, which stands at £7.83 in the United Kingdom and $7.25 in the US. It w...


Tesla is 'very close' to profitability, Musk says in staff email

Tesla said the costs that go into its cars are roughly 55%-60% more than for local firms, when tariffs and ocean transport costs are take into account. You s...


GE abruptly sacks Flannery as CEO, sending shares surging

Adding insult to injury for Flannery, GE shares soared more than 13% after the news broke about his firing. While running business development at GE Corporate...


Tesla shares jump after Musk settles with SEC

This is only the midpoint of his Musk-sational 2018 narrative . It was a bit flippant, and a notification of both items back-to-back - news of the settlement, ...


John Flannery ousted at GE after less than 2 years

Flannery is being replaced by H. Lawrence Culp Jr., the former CEO of Danaher , an industrial company. "It is a privilege to lead this iconic company". Deal vo...


California passes robust net-neutrality laws, Trump administration sues

Jerry Brown has signed into law the strictest set of net neutrality protections ever seen in the US. Advocates of net neutrality hope California's law ...


Ryanair strikes set to hit over 40,000 passengers across Europe

The Irish airline on Friday said that more than 2,150 of its 2,400 scheduled flights would operate as normal. Ryanair's chief operations officer Peter Belle...


NAFTA talks run up against deadline; US tariffs remain tough issue

The United States-Mexico-Canada Agreement (USMCA) updates and replaces the almost 25-year-old North American Free Trade Agreement (NAFTA ), which President Don...


Volkswagen partners with Microsoft to keep cars connected to the cloud

Herbert Diess, CEO of Volkswagen AG. In-car services for Volkswagen's core brand, as well as the group's current cloud service One Digital Platform, will be b...


National Coffee Day 2018: Where to get free java

After receiving the coffee, customers had the opportunity to take a picture and post it on Facebook with #ScootersCoffeeDay to be eligible to win prizes. If y...


Fed Raises Interest Rates for Third Time in 2018, Upgrades Economic Outlook

Stock funds should also feel an effect, and emerging-market funds have been among the biggest losers recently. But later in the afternoon, stocks sold off, and ...


Facebook announces security breach affecting 50 million accounts

User data leaks , security breaches and the spread of misinformation have forced Facebook to confront hostile congressional hearings and uproar from users....


Amazon to Open NYC Store Selling 4-Star Items

There will also be a " Trending Around NYC " section. Collectively, the products that comprise the store's inventory have garnered more than 1.8 million 5-sta...


Canadian PM did not request meeting with Trump, says spokesperson

Congress. The prime minister made the comment a day after Trump told reporters that he had rejected a request for a meeting with Trudeau to discuss the ongoin...


Swiss bank UBS report names cities with risks of real estate bubbles

For other cities , buying real estate is more feasible. Bubble risk appears greatest in Hong Kong, followed by Munich, Toronto, Vancouver, London and Amsterd...


Elon Musk says SEC lawsuit \'unjustified\'

The SEC alleges Musk made " false and misleading statements " about his claims he could take the electric-car maker private at $420 a share. "According...


SEC Charges Tesla CEO Elon Musk With Fraud

It's also got some incredible details, like Musk's admission that he did pick that $420 number "because he had recently learned about the number's significance ...


Trudeau disputes Trump's claims that Canada requested meeting with president

With the release of the text of the U.S. -Mexico trade agreement expected any day, and Mexico's new president-elect pushing the American side to make a deal w...


Elon Musk To Not Give Up Top Spot To Settle Securities Lawsuit

The charges against Musk all stem from his decision on August 7 to tweet in the middle of day trading that Tesla was set to undergo a major change, writing: '...