Finance

9000 barrels of bourbon crash to ground after building collapse

Officials were also trying to figure out the age of the warehouse and whether proper checks were carried out on its concrete foundation. No one was in the bui...


Under-fire Merkel says EU summit won't solve migration issue

According to the public news agency, ANSA, investors are said to be concerned about tension between Italy and the EU ahead of an informal meeting of several E...


Mt. Gox Creditors’ Legal Victory: "Colossal Assets" pay back!

The Tokyo District Court made a decision to put a stop to the bankruptcy procedure beginning a process called civil rehabilitation. One of the most seismic ...


Tens of thousands march in London demanding second Brexit vote

Business leaders are increasingly concerned that their concerns are being ignored and are stepping up their contingency plans in case Britain crashes out of the...


Rats break into ATM, munch through 1.2m rupees

Following which, staff found banknotes completely destroyed inside the ATM that belongs to the State Bank of India, which is the largest bank in India. Images s...


Eurozone to end Greece bailout program

Greece's current worldwide bailout , the country's third rescue programme since 2010, ends in August. Yields on Greek bonds dropped with the 10-year note fal...


Bank of England leaves rates unchanged, markets look to August

It lowered the interest rate threshold at which it would consider reducing QE to 1.5%, compared with 2% previously. The Swiss National Bank leaned more dovish...


Airbus may leave United Kingdom without Brexit deal

BMW makes the Mini and Rolls Royce and employs about 8,000 people in the UK. The risk assessment says: "A no-deal Brexit must be avoided, as it would force ...


Take Your Dog To Work At These Companies Every Day

WORKPLACES around the city are being transformed into a pet-friendly paradise today as employees make the most of having their best mate stowed under the desk...


Greece gets debt relief from euro zone

Eurozone President and Portuguese Finance Minister Mario Centeno said at a press conference shortly after the meeting "after eight long years Greece will final...


Daimler profit warning shakes manufacturer share prices

The German industrial firm's revised forecast came on the same day as reports that German automakers backed a proposal that the European Union drop tariffs on v...


'At least 100,000' attend march calling for vote on final Brexit deal

Organisers of the People's Vote march have estimated in excess of 100,000 people attended the rally in central London . People's Vote March Crowds. A recent ...


Supreme Court sales tax ruling to make online shopping more expensive

OH has even asserted that online retailers have a "presence" in the state that obligates them to collect taxes if they put cookies on their customers' computers...


Donald Trump threatens 20% tariff on European Union cars

The Trump administration initially exempted Argentina, Australia, Brazil, Canada, the European Union , Mexico and South Korea from the import duties, but drew ...


Tesla Files Lawsuit Against Whistle-blower Martin Tripp

Tesla claimed Tripp was a disgruntled employee after losing a promotion opportunity. Many investors and analysts were critical of the move at the time. He add...


Rare Ferrari 250 GTO may fetch record $65 Million at auction

A 1962 Ferrari 250 GTO road racing vehicle is expected to fetch more than $45 million at auction in August, making it the most valuable auto ever to be offere...


OPEC moves towards raising oil supply as Iran softens stance - International

Zanganeh, speaking to reporters on the sidelines of a Vienna seminar earlier this week, accused Trump of trying to politicize OPEC and said it was USA sanctio...


Oil industry should prevent prices from spiking: Liberty Oilfield Services CEO

The green light was widely expected after energy ministers from the 14-member Organization of Petroleum Exporting Countries already agreed on Friday to raise ou...


OPEC agrees to increase oil output 1 million barrels a day

Although higher prices are better for the oil industry, Wright says there must be a balance to prevent a dramatic spike in oil prices. Saudi Arabia's Oil Mini...


Trade jitters, strong dollar send emerging stocks, FX lower

The kingdom, which was also recently added to the FTSE Russell as a "Secondary Emerging" market in March 2018, will be included in MSCI's Emerging Market In...