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Stories about Finance

Feb 01 2019

Indias unemployment rate hit four-decade high after demonetisation

The controversy gained momentum after NSSO's acting chairman PC Mohanan and member JV Meenakshi quit with both having a year left in their term. According to the data, th...

Feb 01 2019

Urgent appeal seeks to curb energy use in MI amid cold

The utility says gas flow from the station was shut off, putting MI residents at risk of brief service interruptions with wind chills below zero. Wednesday night, Consu...

Feb 01 2019

Trump upbeat on US-China trade meetings

As part of the deal, Trump agreed to postpone the planned increase in tariffs on $200 billion worth of Chinese goods. He also insisted "no final deal will be made unt...

Jan 31 2019

How major U.S. stock indexes fared Monday

Nvidia tumbled 13.82 per cent after the chipmaker cut its fourth-quarter revenue estimate by half a billion United States dollars (RM2.06 billion) on weak demand for its...

Jan 31 2019

U.S. gives control over bank accounts to Venezuela challenger

President Trump noting the unrest in Venezuela issued a warning on Twitter about traveling there. Venezuela's President Nicolas Maduro said he was prepared to hold ...

Jan 30 2019

U.S. imposes sanctions against Venezuela as president refuses to step down

The sanctions were announced to ratchet up pressure against Maduro and demonstrate U.S. support for Juan Guaido, the Venezuelan opposition leader who proclaimed himself i...

Jan 30 2019

May will seek to reopen Brexit divorce deal

It calls for the Irish border proposal to be replaced with " alternative arrangements ". But the dramatic move was far from guaranteed to deliver a majority for the pla...

Jan 29 2019

U.S. sanctions Venezuela state-owned oil company

Meanwhile, Maduro struck down calls from European countries to hold early elections within eight days. Venezuela's competing leaders - Guaido is a 35-year-old engineer-...

Jan 29 2019

USA to announce criminal charges related to Huawei, sources say

Matthew Whitaker, the acting attorney general, said grand juries in Seattle and NY had indicted Huawei, its affiliates and its chief financial officer on 23 criminal char...

Jan 27 2019

Vale dam collapses in southeastern Brazil, up to 200 missing

Schvartsman, who had his two-year term renewed last month by Vale's board, said it was an "inactive dam" that was in the process of being decommissioned that burst apart ...

Jan 26 2019

Pompeo Pledges $20 Million Aid for Venezuela After Request from Opposition Leaders

One of the two anonymous Russian sources, who is close to the Wagner group and fought in foreign conflicts where it was active, said the contractors first arrived in adva...

Jan 26 2019

Airbus CEO says hard Brexit would mean "painful decisions" for United Kingdom operations

He stated: " It is a disgrace that, more than two years after the result of the 2016 referendum, businesses are still unable to plan properly for the future ". Mr Harring...

Jan 26 2019

Family kicked off American Airlines flight after body odour complaints

A U.S. couple have been thrown off a plane after fellow passengers complained about their body odour . "There's no body odor that we have", Yossi Adler told Local Ten...

Jan 23 2019

British manufacturer Dyson to relocate corporate headquarters to Singapore

British home appliance manufacturer Dyson will transfer its head office's registration to Singapore, a decision that comes just months after it announced that it will set...

Jan 22 2019

China's 2018 economic growth sinks to 3-decade low

The data was in line with forecasts but underlines recent concern about weakening growth in the world's second largest economy. The year prior, China's economy grew at a ...

Jan 22 2019

Brent oil rises to $63.00 on upbeat China factory data

International Brent crude oil futures were up 62 cents, or 1.01 percent per barrel at 0955 GMT. Fading concerns over trade and monetary policy are helping the market ...

Jan 21 2019

Canada ended 2018 with 2 pct inflation

Canada's annual inflation rate rose to 2.0 percent from 1.7 percent in November as rising air transportation and telephone service costs offset lower energy prices, St...

Jan 20 2019

Explosion Kills 20 in Mexico at Illegal Tap on Pemex Pipeline

The crackdown involved state oil firm Pemex changing its distribution mechanism, triggering fuel shortages, empty petrol stations and long lines of angry motorists. The r...

Jan 19 2019

Man jumps off cruise ship in the Bahamas, gets lifetime ban

The Instagram video has had more than 78,000 views online since it was was posted last week. Although Naydev's post doesn't capture anything that happened after the f...

Jan 18 2019

'Out of control': Taiwan says won't bow to China pressure

The report adds China has probably used unfair means to acquire cutting edge military technology. The US, of course, is alarmed at the prospect of losing its military a...