Thu, 19 Sep 2019

U.S. lowers interest rates, stocks largely unmoved

NEW YORK, New York - The U.S. Federal Reserve cut rates on Wednesday but signalled no further rate reductions. The ...

The S&P 500 should be 13% lower because a recession is coming

Investors are keeping a wary eye on oil after weekend attacks on Saudi Arabia crude facilities triggered the largest one-day ...

Wall Street puts on gains as Saudi Aramco reassures markets

NEW YORK, New York - U.S. stocks were higher on Tuesday after Saudi Arabia advised its oil producing capacity should ...

Traders tread warily on Wall St as oil jumps

NEW YORK, New York - Soaring oil prices undermined stocks trading on Wall Street on Monday, but losses in the ...

Lockheed to concentrate hypersonic programs in northern Alabama

COURTLAND, Alabama - Lockheed Martin is to build a new plant for the assembly, integration and testing of hypersonics programs ...

Bankruptcy court to oversee restructure of Purdue Pharma

STAMFORD, Connecticut - Purdue Pharma has announced it has reached an agreement in principle on a framework for settling the ...

Rand weaker after 'hawkish' US rate cut

The Federal Reserve cut interest rates for the second straight meeting, but projections for the path of policy diverged, leaving ...

Sensex drops by 229 points, Yes Bank slips 5 pc

Mumbai (Maharashtra) [India], Sep 19 (ANI): Equity benchmark indices were in the red during early hours on Thursday on the ...

World Leaders to Take Stock of 'Faltering' Global Goals

UNITED NATIONS - The world is decades behind schedule to achieve ambitious goals to fight poverty, inequality and other ills, ...

US Federal Reserve Cuts Key Rate for 2nd Time This Year

WASHINGTON - A sharply divided Federal Reserve cut its benchmark interest rate Wednesday for a second time this year while ...

Stocks softer as investors await Fed decision

The local bourse extended its declines on Wednesday as global markets awaited the interest rate decision from the Fed.The Fed ...

Fed makes second straight rate cut, splits on further action

Federal Reserve policy makers lowered their main interest rate for a second time this year while splitting over the need ...

IBM to soon build 53-qubit quantum computer

New York [USA], Sept 18 (ANI): IBM has announced that it will soon build a 53-qubit quantum computer, the largest ...

EOH warns of big loss ? and that's before fraud costs

ICT group EOH [JSE:EOH] has warned of a loss from continuing operations in the year to end-July of at least ...

Nifty ends below 10,850, Godfrey Phillips up by 5 pc

Mumbai (Maharashtra) [India], Sept 18 (ANI): Equity indices witnessed an extremely choppy session on Wednesday but closed slightly higher after ...

EPA Set to End California's Ability to Regulate Fuel Economy

WASHINGTON - The Trump administration is poised to revoke California's authority to set auto mileage standards, asserting that only the ...

Equity gauges flat in volatile trading, auto stocks lose further

Mumbai (Maharashtra) [India], Sep 18 (ANI): Equity benchmark indices were largely flat during early hours on Wednesday despite positive global ...

How Bill Gates added R236bn to his wealth this year

Bill Gates is still in wealth-creation mode."We're not, you know, in some defensive posture where we're mostly in cash, or ...

Trump's Cabinet Has Had More Ex-Lobbyists Than Obama or Bush

In less than three years, President Donald Trump has named more former lobbyists to Cabinet-level posts than his most recent ...

Wall Street is ignoring the omens of recession - here's why

The world is on the brink of a recession, if all the breathless headlines are to be

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The S&P 500 is officially in an earnings recession

The S&P 500 is officially in an earnings recession for the first time in three years, and the trend is ...

GM strike is example of how US labour unions are killing manufacturing

Cao Dewang, the Chinese owner of the Ohio car glass factory featured in the documentary film American Factory, said the ...

This is what Edward Snowden says it will take for him to return to US

Edward Snowden says he'd like to return to the U.S. - on one condition. That's what the former National Security ...

U.S. says Iran to blame for disrupting global oil supply

WASHINGTON, DC - U.S. Secretary of State Mike Pompeo has blamed Iran for Saturday's attacks on Saudi Arabia's oil infrastructure ...

Rahul has a juvenile sense of humour: Swapan Dasgupta

New Delhi (India), Sept 19 (ANI): Rajya Sabha member Swapan Dasgupta said here on Thursday that Congress leader Rahul Gandhi ...

At Least 50 people Killed In Air Strike, Car Bombing In Afghanistan

At least 50 people have been killed in an air strike and a car bombing in Afghanistan, as U.S. peace ...

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Abbott Ireland announces expansion plans, new jobs

DONEGAL, Ireland - Announcing plans to expand its workforce in Donegal, the U.S. healthcare giant Abbott unveiled plans to create 500 new jobs in the country.Abbott Ireland currently hires c ...

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