Nissan says CEO Carlos Ghosn lied about salary, misused company money

But the group now looks troubled after Japanese police reportedly arrested Ghosn on suspicion he failed to report his full compensation to stock market authorities as chairman of Nissan. Kyodo reports Ghosn's salary was underreported to the tune o... More..

by | Published 4 hours ago
Amazon’s massive Black Friday sale officially starts right now
by | Sunday, November 18, 2018

Amazon’s massive Black Friday sale officially starts right now

And though Black Friday doesn't officially start until November 23, there are already lots of laptop sales trickling in. Looking to save big bucks on Black Friday? All shipping will be free during the Bl...More..

Brexit deal: May fights for survival as Tory civil war looms
by | Friday, November 16, 2018

Brexit deal: May fights for survival as Tory civil war looms

Ester McVey, the secretary of state for work and pensions, has resigned from her post in protest at May's Brexit plan. Sterling had stolen the limelight overnight after a rash of resignations rocked Prime...More..

More Evidence Emerges of Soft iPhone Sales
by | Wednesday, November 14, 2018

More Evidence Emerges of Soft iPhone Sales

TF International Securities analyst Ming-Chi Kuo had similar observations in a note released on Monday. Japan's Nikkei reported earlier this month that Apple had told its smartphone assemblers Foxconn and P...More..

Google CEO announces new action plan following Andy Rubin fiasco
by | Monday, November 12, 2018

Google CEO announces new action plan following Andy Rubin fiasco

In a move toward more transparency, Pinchai said Google will provide more details about sexual misconduct allegations in internal reports made available to all employees. Google has been able to keep its c...More..

Australian Chosen To Replace Elon Musk As Tesla Chairman
by | Friday, November 09, 2018

Australian Chosen To Replace Elon Musk As Tesla Chairman

Under the settlement , Tesla also is required to appoint two new independent directors , and it must review the sometimes-erratic Musk's posts about the company on Twitter . Denholm, who has an undergradua...More..

All eyes on election results - Nomura
by | Wednesday, November 07, 2018

All eyes on election results - Nomura

Earlier in the day, Trump said during a tele-town hall organized by his re-election campaign that the media would treat the midterm results as a referendum on his presidency. But he conceded on Monday the...More..

Networks declare Democrats will capture the House of Representatives
by | Wednesday, November 07, 2018

Networks declare Democrats will capture the House of Representatives

Ted Cruz eked out a victory over Rep. Beto O'Rourke. Rep. Tim Ryan of OH, who challenged Pelosi unsuccessfully in 2016, has left the door open to the possibility of challenging the Democratic leader again, wh...More..

Lowe’s closing underperforming stores, including 1 in MA
by | Monday, November 05, 2018

Lowe’s closing underperforming stores, including 1 in MA

The chain also intends to close 20 stores in the United States. Lowe's will offer affected employees the opportunity to transfer to similar roles at nearby stores. Most stores will jump into closing sales in ...More..

by | Monday, November 05, 2018

"Watch What We Do": Pompeo Dodges India, China Questions On Iran Oil

On Saturday, US Secretary of State Mike Pompeo said the decision to reimpose sanctions was "aimed at fundamentally altering the behavior of the Islamic Republic of Iran". The UK, Germany and France - which ar...More..

Amazon is now offering free shipping for all holiday orders
by | Monday, November 05, 2018

Amazon is now offering free shipping for all holiday orders

Prime account holders will receive free same-day delivery instead of two-day shipping on eligible items. One analyst, Colin Sebastian of Baird Equity Research, said the offer could shave 5 percent to 6 percent ...More..

by | Saturday, November 03, 2018

Donald Trump Expects "Very Good" Trade Deal With China

In recent months China has repeatedly questioned the US's sincerity in trade talks, wary of agreeing to something only to have Trump change his mind. Officials are working to resolve differences ahead of upco...More..

Brent oil dips on rising supply, global market woes
by | Friday, November 02, 2018

Brent oil dips on rising supply, global market woes

Even with USA sanctions on Iranian exports due to come into force on November 4, oil prices have fallen about $10 a barrel since four-year highs reached in early October. In North America, however, there is no ...More..

Editor's Take | India's surge on Ease of Doing Business Ranking
by | Friday, November 02, 2018

Editor's Take | India's surge on Ease of Doing Business Ranking

Pakistan moved from 147 to 136, Adviser to the Prime Minister on Commerce, Textile, Industries and Investment Razzak Dawood announced at a press briefing held by Board of Investment (BOI). With 6 reforms each, ...More..

Finance Ministry declares truce, but signals displeasure at RBI's behaviour
by | Wednesday, October 31, 2018

Finance Ministry declares truce, but signals displeasure at RBI's behaviour

Asking the government to stop arm-twisting the central bank, the letter said both should talk and sort out the issues, instead of trying to ride roughshod over RBI and warned that "what they (government) are tr...More..

IBM buys Linux giant Red Hat to thrive in the cloud
by | Monday, October 29, 2018

IBM buys Linux giant Red Hat to thrive in the cloud

This prevents portability of data and applications across multiple clouds, data security in a multi-cloud environment and consistent cloud management. Whitehurst also will join IBM's senior management team an...More..

2 winning tickets sold for $750 million Powerball jackpot
by | Sunday, October 28, 2018

2 winning tickets sold for $750 million Powerball jackpot

The $750 million prize refers to the annuity option, paid annually over 29 years. The drawing Saturday night will come four days after someone won a $1.537 billion Mega Millions jackpot, the second-largest pr...More..

Asia facing sharp falls after Wall Street wipes out 2018 gains
by | Saturday, October 27, 2018

Asia facing sharp falls after Wall Street wipes out 2018 gains

As markets opened on Thursday, the colour was red: China's Shanghai Composite Index lost as much as 2.8%, and Hong Kong's Hang Seng Index 2.4%. The Dow tumbled 2.4 per cent to 24,583.42. The Australian dollar...More..

Tesla Model 3 production reportedly being investigated by the Federal Bureau of Investigation
by | Saturday, October 27, 2018

Tesla Model 3 production reportedly being investigated by the Federal Bureau of Investigation

Higher tariffs have hit demand for Model S sedans and Model X crossovers imported into the country. He then went online again and changed his payment method from a bank loan to cash. However, depending on the d...More..

China suggests Trump use Huawei phone to avoid spying
by | Friday, October 26, 2018

China suggests Trump use Huawei phone to avoid spying

She denounced the Times report as " fake news" for good measure. "American spy agencies, the officials said , had learned that China and Russian Federation were eavesdropping on the president's cellphon...More..

Saudi Arabia Now Says Khashoggi Killing Was Premeditated
by | Friday, October 26, 2018

Saudi Arabia Now Says Khashoggi Killing Was Premeditated

TASI, the largest Arab bourse, is 8.4 percent higher on the year. Language in the bill stated that President Trump could request exceptions to the arms sale ban if he also submitted a report on a US inves...More..

Winning numbers for $1B Mega Millions jackpot announced
by | Monday, October 22, 2018

Winning numbers for $1B Mega Millions jackpot announced

When is the next Mega Millions drawing? Powerball holds its drawing Saturday night, with a potential prize of $470 million. California Lottery officials said there were no jackpot winners in the state o...More..

Fall in crude oil prices brings solace
by | Monday, October 22, 2018

Fall in crude oil prices brings solace

Brent crude, on the other hand, slumped to $1.31, or 1.6 percent, at $80.10 a barrel by mid-afternoon of Wednesday, barely registering gains of $1.15 per barrel from the previous three sessions. Oil traded near...More..

US Mega Millions jackpot hits $1.6bn
by | Monday, October 22, 2018

US Mega Millions jackpot hits $1.6bn

Powerball , which held the record for the largest USA lottery prize of £1.213 billion ($1.586 bn) in 2016, will hold a separate draw on Saturday. The Mega Millions lottery jackpot has reached a record-bre...More..

Why Trump doesn't want to punish Saudi Arabia
by | Friday, October 19, 2018

Why Trump doesn't want to punish Saudi Arabia

U.S. Secretary of State Mike Pompeo listened to an alleged audio recording of the "murder" of missing Saudi journalist Jamal Khashoggi , ABC News reported Thursday , citing a senior Turkish official. "But...More..