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Stories about Finance

Nov 20 2019

A vegan man claims Burger King cooked Impossible Whopper alongside meat

A vegan man in Atlanta, Ga., is suing Burger King after the restaurant allegedly served "contaminated" plant-based burgers , which he claims are being cooked on the sa...

Nov 17 2019

And China 'getting close' to trade deal: White House economic adviser

All three major stock indexes on Wall Street also hit record highs after Commerce Secretary Wilbur Ross said US and Chinese officials would hold a call later in the day, ...

Nov 15 2019

Tesla picks Germany for European plant

Mr Musk said the facility would be located near the new Berlin airport and later gave more details on what the factory would produce on Twitter. Mr Musk made the an...

Nov 14 2019

Nike will stop selling its products on Amazon

Nike has ended a two-year pilot program to sell its shoes and clothing directly on Amazon's website. The company is also continuing to invest in partnerships with other r...

Nov 14 2019

New McLaren Elva revealed as 600 kW roadster ... with no windows!

But it has trademark design cues from modern McLarens such as the squinting headlights, slender taillights and a tail dominated by air vents and a diffuser. that's if you...

Nov 13 2019

Musk announces new Tesla factory will be in Germany

Tesla's fourth so-called gigafactory will set up shop near the German capital, after a long period of uncertainty about where the market-disrupting electric carmaker woul...

Nov 13 2019

Alibaba’s Singles’ Day sales top $38 billion

It has since evolved into a major shopping event. The firm said 84 brands including those of Apple, L'Oreal SA and Uniqlo each made over 100 million yuan in sales in ...

Nov 12 2019

Stocks close little changed amid trade, Hong Kong worries

Shares of Boeing Co BA.N jumped 4.5% to $366.96 after the planemaker said it expected USA regulators to approve the return to commercial service of its grounded 737 MAX j...

Nov 11 2019

S&P 500, Dow slip as trade-fuelled rally pauses

The Dow Jones Industrial Average picked up 3 points to around 27,678, based on preliminary numbers. The benchmark index is on track for its best year since 2013, while ...

Nov 09 2019

Trump says no full 'rollback' of China tariffs

U.S. President Donald Trump told reporters Friday he has not agreed to roll back tariffs on China but that Beijing would like him to do so. According to Chinese C...

Nov 09 2019

Bank of England cuts growth forecasts on Boris Johnson's Brexit deal

With the BoE set to hold the key benchmark rate unchanged at 0.75% on Thursday and the general election less than six weeks away, investors will be watching closely any...

Nov 08 2019

Over 2 Million Pounds Of Simmons Chicken Recalled Due To Metal Contamination

Simmons, with headquarters in Siloam Springs, has chose to recall 2,071,397 pounds of poultry products because of the contamination. The recall was initiated after re...

Nov 06 2019

China lifts Canadian beef and pork trade suspension

The ban on June 25 came on the heels of successive restrictions placed on individual Canadian meat exports as tensions escalated over the spring and early summer between ...

Nov 05 2019

Bitcoin whale may have manipulated coin’s price to spur 2017 bull run

The development was reported by Bloomberg on November 4. University of Texas Professor John Griffin and Ohio State University's Amin Shams shared their updated r...

Nov 04 2019

Whatsapp tells Indian politician Priyanka Gandhi her phone was hacked

Among the 1,400 users targeted across 20 nations were 121 Indian journalists, activists, lawyers and senior government officials, who were spied on for a two-week period ...

Nov 02 2019

UK manufacturing decline slows after new Brexit stockpiling rush -PMI

Meanwhile, the unemployment rate rose slightly to 3.6%, but it was for a good reason: 325,000 Americans started looking for work. Economists had expected the economy ...

Nov 02 2019

Oil prices rise as investors bank on China stimulus

US West Texas Intermediate crude was down 67 cents, or 1.2pc, at $54.87 a barrel. -China trade war, which has hurt global oil demand, Kallanish Energy reports. Prices...

Oct 31 2019

US Fed cuts rates but signals pause in easing cycle

Powell and most other Fed officials already credit their rate cuts with lowering mortgage rates, boosting home sales and broadly keeping the economy on track. Food and ...

Oct 31 2019

Molson Coors moving finance, human resources to Milwaukee

Its four business units - U.S., Canada, Europe and global - will be consolidated into North America and Europe, with other regions reporting to those two. "We can continu...

Oct 29 2019

France's LVMH seeks to buy jeweler Tiffany for $14.5 bln

Another source familiar with the situation, said the French group had submitted a preliminary, non-binding offer to Tiffany earlier this month. If successful, though, t...