Finance

Finance Jamal Khashoggi murder was premeditated, Saudi prosecutor says
Author: 0 Jamal Khashoggi murder was premeditated, Saudi prosecutor says

World Wrestling Entertainment's upcoming event in Saudi Arabia will proceed as scheduled despite an global diplomatic crisis related to the Middle Eastern nation's purported role in the death of journalist Jamal Khashoggi . Turkish officials have told AP that investigators were looking into the possibility that the journalist's remains may have been hidden at those two locations.

Finance Mega Millions lottery ticket sales at
Author: 0 Mega Millions lottery ticket sales at "fever pitch" in Oklahoma

One person who bought a Mega Millions ticket at a store in Oak Forest for Friday's jackpot is now $1 million richer. So, in one single weekend, more than $ 1 billion will shoot out across America to its very luckiest citizens. If there is a victor on Tuesday they will be able to opt for an immediate cash payment of $904m (£692m), or receive the $1.6bn over 29 years. The numbers Friday night were 15, 23, 53, 65, 70 and Mega Ball 7.

Finance Oil slips below US$80 on rising US stockpiles
Author: 0 Oil slips below US$80 on rising US stockpiles

This was important because the two countries are the largest crude oil exporters in the world. United States refineries entering maintenance season, in which major plants go offline for four to six weeks, has also weighed on crude demand and prices.

Finance Powerball, Mega Millions Jackpots Combine To An Estimated $2.22 Billion
Author: 0 Powerball, Mega Millions Jackpots Combine To An Estimated $2.22 Billion

The odds of winning the jackpot are about one in 302 million but, with so many tickets being purchased, the likelihood of rollover becomes increasingly slim. If a player hits all six numbers to win the jackpot, they can opt for an immediate cash payment of £692 million ($90m) or receive the £1.26 billion ($1.6bn) prize over 29 years.

Finance Colbert mocks Trump for finally admitting journalist Jamal Khashoggi is likely dead
Author: 0 Colbert mocks Trump for finally admitting journalist Jamal Khashoggi is likely dead

President Trump said on "Trish Regan Primetime" that it "would be bad" if Saudi Arabia's leadership had any knowledge of Khashoggi's disappearance. Authorities widened the geographic focus of the search after tracking the routes and stops of cars that left the Saudi consulate and the consul's residence on October 2, the day Khashoggi was last seen, the senior officials said.

Finance Oil Prices Rising Ahead Of Iran Sanctions
Author: 0 Oil Prices Rising Ahead Of Iran Sanctions

The West Texas Intermediate for November delivery dropped 2.17 US dollars to settle at 69.75 dollars a barrel on the New York Mercantile Exchange, while Brent crude for December delivery lost 1.36 dollars to 80.05 dollars a barrel on the London ICE Futures Exchange.

Finance Check your tickets. Midlands store sells winning $50,000 Mega Millions ticket
Author: 0 Check your tickets. Midlands store sells winning $50,000 Mega Millions ticket

There wasn't a victor in Tuesday night's Mega Millions drawing . The cash option is usually favored by the winners. It will be the largest jackpot in the game's history and the second largest in the U.S. Virgin Islands. One of the tickets, sold in Texas, included an optional multiplier that increased the winnings to $5 million. The record lottery jackpot was a $1.6 billion Powerball prize won in January 2016.

Finance Saudis know they must act fast on Khashoggi probe, says Pompeo
Author: 0 Saudis know they must act fast on Khashoggi probe, says Pompeo

The report by Yeni Safak adds to the ever-increasing pressure on Saudi Arabia to explain what happened to Khashoggi , who vanished October 2 while visiting the consulate to pick up paperwork he needed to get married. The US has asked Turkey for a recording said to provide strong evidence that missing Saudi journalist Jamal Khashoggi was killed at the Saudi consulate in Istanbul.

Finance Mega Millions jackpot soars to $548 million ahead of Friday night drawing
Author: 0 Mega Millions jackpot soars to $548 million ahead of Friday night drawing

The odds of winning the Mega Millions jackpot are 302,575,350 to 1. Those winning tickets were sold in California, Colorado, Pennsylvania and Wisconsin. The $314 million ranks as the 24th-highest in the game's history and the 41st-highest combined jackpot ever i the U.S. But if you only match two white balls and don't match the yellow ball, you won't win anything.

Finance Turkish police finish search of Saudi consulate as Pompeo heads to Riyadh
Author: 0 Turkish police finish search of Saudi consulate as Pompeo heads to Riyadh

The Kingdom is said to be preparing a report that would admit that Khashoggi was killed as the result of an interrogation that went wrong, CNN reported , citing two unnamed sources. JPMorgan Chase CEO Jamie Dimon, KKR executive David Petraeus and Ford Motor Chairman Bill Ford have also said that they will not attend the Saudi event.

Finance Saudi government preparing to say Khashoggi was killed during interrogation gone wrong
Author: 0 Saudi government preparing to say Khashoggi was killed during interrogation gone wrong

Noticeably absent from discussions was the Saudi crown prince, Mohammed bin Salman, about whom Khashoggi wrote critically for the Washington Post and whose rise to power prompted the writer to go into a self-imposed exile in the US. Ms. Freeland would not discuss what Saudi Foreign Minister Adel al-Jubeir said in his conversation with her Monday. Alhadj said he didn't think the Khashoggi case would have much influence on American officials who retire and go to work for the Saudis, ...

Finance Jamal Khashoggi case: Saudis defy 'threats' over missing writer
Author: 0 Jamal Khashoggi case: Saudis defy 'threats' over missing writer

Khashoggi, a USA resident and Washington Post columnist critical of Saudi Arabia, disappeared on October 2 after entering the Saudi consulate in Istanbul . In protest of Khashoggi's disappearance, several US businesses leaders have pulled out of next week's Future Investment Initiative in Riyadh, dubbed "Davos in the Desert", after the annual meeting of world economic interests in Switzerland.

Finance China defies Trump tariffs, trade surplus soars
Author: 0 China defies Trump tariffs, trade surplus soars

The Chinese currency has been falling in value against the dollar in recent months, raising concerns that China is devaluing its currency as a way to make Chinese goods more competitive against US products. The central bank has tightened controls on currency trading to head off further declines. Mnuchin would not say what the report would reveal, but in the past Treasury has placed China on a watch-list but said it did not meet the requirements to be labeled a currency manipulator.

Finance Dow Down Over 1,000 Points Over Two-Day Span
Author: 0 Dow Down Over 1,000 Points Over Two-Day Span

US crude dropped 3 percent while Brent crude, the worldwide standard, dropped 3.4 percent. On Wednesday, President Donald Trump said the Fed "is making a mistake" with its campaign of rate increases. That decline came after the Dow's largest single-day drop in history, when it fell 1,175 points earlier that month. Shares in upscale jewellery retailer Tiffany & Co and perfume maker Estee Lauder both fell 7 percent after a warning from French luxury goods firm LVMH about softening demand ...

Finance Toyota recalls 2.4 million Prius, Auris hybrids for software-related stalling
Author: 0 Toyota recalls 2.4 million Prius, Auris hybrids for software-related stalling

Approximately 400,000 additional recalled vehicles were mostly sold in Europe, Asia, Africa, and Australia. The company says the issue differs from problems with the Prius fail-safe mode that were addressed in the 2014 and 2015 recalls. The vehicles were involved in an earlier recall that did not fix the previously unanticipated problem that is being addressed now, the company said in a statement .

Finance Petrol, Diesel Is Now Cheaper By Rs 5/Litre! Find Out How?
Author: 0 Petrol, Diesel Is Now Cheaper By Rs 5/Litre! Find Out How?

Petrol rate is the highest in Mumbai and diesel rate is the highest in Chennai. Diesel prices were also reduced by Rs 2.50 per litre to Rs 72.95 per litre. Finance Minister Arun Jaitley on Saturday assured the markets that the government would not go back to regulating fuel prices. As per the Finance Minister, the states can cut Value-Added Tax by Rs 2.5, and hence, make the overall reduction of price by Rs 5 per litre.

Finance Angus has concerns about new trade deal
Author: 0 Angus has concerns about new trade deal

Canadian dairy farmers stand to lose 3.59 per cent of their market under the new trade deal , known as USMCA . “For instance, it looks like the USA will be able to ship 2,084 metric tons of cheese to Canada tariff free in the first year the agreement is in force with half the cheese being for industrial use and half for retail, ” he said.

Finance Canada's finance minister touts USMCA but says dairy, steel sectors need help
Author: 0 Canada's finance minister touts USMCA but says dairy, steel sectors need help

Matthew Pottinger, the USA official spearheading China policy on the National Security Council, told an audience at the Chinese Embassy last week that the United States and China were undeniably engaged in competition. The trade deal, which must be ratified by the legislatures of all three countries, also includes side agreements that would exempt up to 2.6 million passenger vehicle imports into the US a year apiece from Mexico and Canada if the USA imposes a new 25 percent global auto tariff ...

Finance Canada and the United States reach a deal on NAFTA
Author: 0 Canada and the United States reach a deal on NAFTA

Reaching a pact with Canada allows the 24-year-old pact to remain trilateral and for the U.S. to check another box for its legislative process in the lead up to a congressional vote. 2 trading partner, was left out when the USA and Mexico reached an agreement last month to revamp the North American Free Trade Agreement. According to one high-level American source, the text of the deal was finalized around 9:30 p.m.

Finance President Trump speaks at the UN
Author: 0 President Trump speaks at the UN

Following more laughter, Trump said , " Didn't expect that reaction , but that's okay". Rouhani earlier said that as a precondition for any dialogue, Trump would need to fix the damage done by exiting the nuclear deal. "We will never surrender America's sovereignty to an unelected, unaccountable global bureaucracy", he said. Trump blasted what he called the "corrupt dictatorship" of Iran and accused the government in Tehran of spreading "mayhem" across the Middle East and around the ...

Finance Oil jumps as market tightens, more gains seen
Author: 0 Oil jumps as market tightens, more gains seen

In addition to US sanctions cutting Iranian supply, the world is also dealing with a decline in Venezuelan oil production due to an economic crisis in the Latin American nation, according to Trafigura's Luckock. Benchmark Brent oil LCOc1 reached $80 a barrel this month, prompting Trump to reiterate on Thursday his demand that the Organization of the Petroleum Exporting Countries lower prices.

Finance Michael Kors is close to buying Versace for $2 billion
Author: 0 Michael Kors is close to buying Versace for $2 billion

Michael Kors , whose namesake label is best known for its leather handbags, has made no secret of its ambition to grow its portfolio of high-end brands after swooping on British stiletto-heel maker Jimmy Choo for $1.2 billion previous year.

Finance Michelle Guthrie Dumped As ABC Boss
Author: 0 Michelle Guthrie Dumped As ABC Boss

The board is appointed by the federal government, with Milne, who is also chairman of MYOB and a former NBNCo director, chosen for the role by his friend and former PM Malcolm Turnbull a year ago. Australian-born Guthrie trained as a lawyer and worked at Foxtel and BSkyB, before taking pan-Asian roles at Star TV in Hong Kong and latterly at Google , in Singapore.

Finance Oil steady, supported by USA stocks and supply concerns
Author: 0 Oil steady, supported by USA stocks and supply concerns

The world's biggest crude exporter believes it may no longer be possible to avoid higher prices as USA sanctions on Iranian exports crimp supply, according to people familiar with Saudi Arabia's view. Opec and oil producers outside the group, including Russian Federation, will meet on Sunday to revise oil production quotas. For the same period, analysts expected crude inventories to decrease by about 2.7 million barrels.

Finance Passengers hurt after flight loses cabin pressure
Author: 0 Passengers hurt after flight loses cabin pressure

Over 30 passengers in Jet Airways flight which is flying from Mumbai to Jaipur suffered nose and ear bleeding. An AAIB official said the incident could be a case of negligence on the part of the pilots since controlling cabin pressure is part of mandatory checks before operating a flight.

Finance USA oil prices surge as inventory draw adds to supply concerns
Author: 0 USA oil prices surge as inventory draw adds to supply concerns

Benchmark Brent crude already is nearing $80 a barrel and analysts believe it may go even higher as production remains low. The warning came from the group's top official as looming unilateral USA sanctions on oil sales by Iran , OPEC's third-biggest supplier, are scheduled to take effect on November 4.

Finance Boy Arrested Over Australia's Needles In Strawberries Scare
Author: 0 Boy Arrested Over Australia's Needles In Strawberries Scare

That's the same penalty faced by those found guilty of financing terrorism or child pornography. "That's how seriously I take this", Mr Morrison said . Needles have been found in strawberries in all six states, with New Zealand announcing this week it would pull the Australian-grown fruit from its supermarket shelves.

Finance Trump claims China tariffs successful
Author: 0 Trump claims China tariffs successful

Trump also warned in a statement on Monday that if China takes retaliatory action against USA farmers or industries, "we will immediately pursue phase three, which is tariffs on approximately $267 billion of additional imports". But it is unclear whether Beijing will agree to come to Washington with the new tariffs set to go into effect. "So we've negotiated and negotiated and negotiated and given them chance after chance after chance".

Finance Six berry brands linked to needle sabotage
Author: 0 Six berry brands linked to needle sabotage

The farms are not related to the farm packaging strawberries under the Berry Licious and Berry Obsession brands which was hit with a needle crisis earlier in the week. Already struggling with low prices, strawberry growers are imploring customers to keep buying their fruit after sewing needles were discovered in punnets.

Finance Amazon's Bezos says Trump should be 'glad' of media scrutiny
Author: 0 Amazon's Bezos says Trump should be 'glad' of media scrutiny

The Seattle-based Bill and Melinda Gates Foundation as the world's largest private nonprofit foundation has an endowment worth over $40 billion USA and has long supported homelessness services for families in the city. But it's really unsafe to demonize the media. And while his new charitable endeavor should be applauded, many have noted that a number of his Amazon workers remain underpaid and endure hard working conditions.

Finance British Airways investigating theft of customer data
Author: 0 British Airways investigating theft of customer data

The airline discovered on Wednesday that bookings made between August 21 and September 5 had been infiltrated in a "very sophisticated, malicious criminal" attack, BA Chairman and Chief Executive Alex Cruz said. She tweeted: "My bank... are experiencing extremely high call volumes due to this breach! They´re a shambles", he told the Daily Telegraph newspaper.

Finance Amazon becomes the 2nd U.S. company to join the $1 trillion club
Author: 0 Amazon becomes the 2nd U.S. company to join the $1 trillion club

For graphic on Amazon vs Apple, click https://reut.rs/2PwtdRg Amazon also provides video streaming services and bought upscale supermarket Whole Foods. Though it was a briefly-held position, given the erratic nature of the stock market, it was an exciting milestone nonetheless. Amazon's stock has gained over 70% in 2018, according to CNBC .

Finance Ayanna Pressley defeats Michael Capuano in MA U.S. House race
Author: 0 Ayanna Pressley defeats Michael Capuano in MA U.S. House race

America's going to be O.K. Ayanna Pressley is going to be a good congresswoman, and I will tell you that MA will be well served", Capuano said , according to The New York Times . Deval Patrick. He had an A rating from the NAACP and hosted campaign events with civil rights icon Rep. No Republican candidates filed for the race that Inside Elections with Nathan L.

Finance Amazon is now a $1 trillion company
Author: 0 Amazon is now a $1 trillion company

Amazon follows Apple, which reached the mark earlier this year. Amazon has become the second publicly traded company to be worth $US1 trillion, hot on the heels of Apple. It also provides video streaming services and bought upscale supermarket Whole Foods. More than 40 percent said they buy something on Amazon once a month or more often.

Finance Expect bigger petrol price increases following government intervention
Author: 0 Expect bigger petrol price increases following government intervention

According to South African Petroleum Industry Association, the petrol retail price is regulated by the government. Petrol prices went up by Rs 2.17 per litre since August 16, while diesel rates climbed by Rs 2.62. Also driven by higher oil prices and robust non-oil import demand, Moody's expects the current account deficit to widen to 2.5 per cent of GDP in the fiscal year ending March 2019, from 1.5 per cent in fiscal 2018.

Finance On Labour Day, Trump hits back at largest union leader
Author: 0 On Labour Day, Trump hits back at largest union leader

That's helped build valuable allies. But many manufacturers responded to the agreement by moving factories south of the border to take advantage of low Mexican wages, then shipping goods north to the United States and Canada . According to a study on the deal effects back in 2013, NAFTA was directly responsible for raising the United States trade deficit with Mexico from $17 billion to $177 billion, and cost the U.S.

Finance Solidifying Africa's ties with China
Author: 0 Solidifying Africa's ties with China

Ramaphosa, who concluded a state visit to the Chinese capital on Sunday at the invitation of President Xi Jinping , was set to then serve as co-chair of a two-day Forum on China-Africa Cooperation (FOCAC) summit in the city from Monday. Stevens said Beijing's decision not to hike loans to Africa said it shouldn't be interpreted as a step back in relations. The vision of the China-Africa relations is anchored on a desire for a shared future where all nations can prosper through cooperation ...

Finance US, Canada agreement on NAFTA 2.0 appears to be in reach
Author: 0 US, Canada agreement on NAFTA 2.0 appears to be in reach

After Mexico paved the way by agreeing to a NAFTA 2.0 with the United States on Monday, Canada's Foreign Minister Chrystia Freeland said Tuesday "a lot has been accomplished" in her two meetings with US Trade Representative Robert Lighthizer.

Finance Coca-Cola to buy Costa coffee shop chain for £3.9bn
Author: 0 Coca-Cola to buy Costa coffee shop chain for £3.9bn

The coffee shop to hotels group said earlier this year that it would split Costa and list it as a separate entity, following pressure from activist investor Elliott. Costa doesn't now have a presence in North or South America, but Quincey indicated that one potential early expansion route would be to use Costa's vending operation and grow the company's ready-to-drink products.

Finance Over 99 per cent of demonetised notes back with RBI
Author: 0 Over 99 per cent of demonetised notes back with RBI

However, the central bank had called the figures to be provisional as the specified bank notes were still being verified for authenticity and numerical accuracy. Former finance minister P Chidambaram claimed that more than 100 lives were lost and lakhs of jobs were destroyed due to closure of businesses after demonetisation.

Finance Tesla staying public won’t resolve SEC regulatory troubles, experts say
Author: 0 Tesla staying public won’t resolve SEC regulatory troubles, experts say

At the time, Musk said funding had been secured, though he later revealed in a blog post that there was no concrete deal in place and, in fact, he was still open to talking with other investors. A row of new Tesla Model 3 electric vehicles is seen at a parking lot in Richmond, California, U.S. June 22, 2018. Due to his desire to remain in absolute control of his company, Musk then backpedaled regarding the private investment scheme.

Finance Trump claims US close to 'big' trade agreement with Mexico
Author: 0 Trump claims US close to 'big' trade agreement with Mexico

Trump has threatened to withdraw from the 24-year-old trade pact between the United States , Mexico and Canada if it is not reworked to the advantage of USA workers. "For some time now, he (Trump) has been very prudent in referring to Mexicans, or he hasn't said offensive things", Lopez Obrador said. The terms of any deal struck by U.S.

Finance S&P hits records high, equals longest-ever bull run
Author: 0 S&P hits records high, equals longest-ever bull run

U.S. stocks rebounded midday Tuesday as the dollar weakened after President Donald Trump criticized the Federal Reserve for raising interest rates. President Donald Trump also sent shares higher , but the U.S. 401 (k) investors that have investments in index funds that track the S&P 500 have been rewarded handsomely both in 2018 and during the bull market.

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