Elon Musk Clarifies He Absolutely Wasn't Stoned When He Sent '420' Tweet

An emotional Elon Musk has revealed the past year has been "excruciating", with the "worst yet to come" in his personal life. He said stress and exhaustion had taken a heavy toll as he lurched from one headline-making feud or feat to another. More..

by | Published more than a month ago
House of Fraser cancels online orders amid dispute
by | Sunday, August 19, 2018

House of Fraser cancels online orders amid dispute

The £90 million rescue bid saw Sports Direct acquire all 59 House of Fraser stores, the brand and all of the retailer's stock. Mike Ashley's Sports Direct has chose to cancel and refund all House of Fraser ...More..

SEC sends subpoena to Tesla over Musk’s take-private tweet
by | Saturday, August 18, 2018

SEC sends subpoena to Tesla over Musk’s take-private tweet

Shares fell as much as 4.5 per cent earlier in the session. At the center of the controversy is what Musk meant when the chief executive officer tweeted August 7 that he had the funding for a buyout, with...More..

Trump Calls On SEC to Study Ending Quarterly Reporting
by | Saturday, August 18, 2018

Trump Calls On SEC to Study Ending Quarterly Reporting

The SEC was created in 1934 in the midst of the Great Depression and requires publicly-traded companies to issue quarterly and annual earnings reports to keep the public informed on their operations and finan...More..

Australian jobless rate eases to 6-year low
by | Saturday, August 18, 2018

Australian jobless rate eases to 6-year low

The dip in the unemployment rate has defied the expectations of economists, who had tipped it would stay at 5.4 per cent with a 15,000 increase in jobs in the month. The good news is most of these were cancelle...More..

New Zealand stops foreigners buying homes
by | Saturday, August 18, 2018

New Zealand stops foreigners buying homes

New Zealand First is pleased that legislation banning foreign ownership of homes in this country has passed its third and final reading in Parliament. Foreign ownership and a housing shortage in New Zealand's...More..

Turkey will respond if U.S. imposes more sanctions: Minister
by | Saturday, August 18, 2018

Turkey will respond if U.S. imposes more sanctions: Minister

Brunson. Can Buyuker, who works in an exchange bureau in a busy Istanbul neighbourhood, said both Trump and Erdogan were playing up to nationalist voters. " Turkey has taken advantage of the United States for...More..

Italy says Genoa bridge collapse death toll likely to rise
by | Saturday, August 18, 2018

Italy says Genoa bridge collapse death toll likely to rise

According to two Italian newspapers, a study commissioned previous year by Italian highway operator Autostrade per l'Italia warned about the condition of concrete-encased cable stays that held the Morandi Bridg...More..

Turkish court rejects US pastor Brunson's appeal for release
by | Saturday, August 18, 2018

Turkish court rejects US pastor Brunson's appeal for release

As Turkey's government sought to reassure markets after the lira had been sent into a tailspin by the deepening spat, Washington said the next raft of sanctions could be on the way. "We will pay nothing f...More..

Trump says Turkey has acted badly in Brunson case
by | Friday, August 17, 2018

Trump says Turkey has acted badly in Brunson case

Brunson was charged with terror offenses by a Turkish court and has been held since October 2016. The Turkish currency was trading at 5.85 at 1740 GMT, more than 1 percent stronger on the day. A Turkish court...More..

Google employees sign protest letter over China search engine
by | Friday, August 17, 2018

Google employees sign protest letter over China search engine

Sundar Pichai told a company-wide meeting that providing more services in the world's most populous country fits with Google's global mission. Google's last foray into the Chinese market, from 2005 to 2010...More..

'Most hard, painful year': Elon Musk in tears in new interview
by | Friday, August 17, 2018

'Most hard, painful year': Elon Musk in tears in new interview

Musk, 47, has a reputation for being an eccentric visionary. Amazingly, Musk seems to think the worst is still "yet to come" as he battles short-sellers who stand to make money if Tesla fails. I've had frie...More..

USA prepared to add sanctions on Turkey if pastor not released
by | Friday, August 17, 2018

USA prepared to add sanctions on Turkey if pastor not released

The Eurasian country's president, Recep Tayyip Erdogan, announced on Tuesday that he would be calling for a boycott of all American electronics sold to the country's residents. Tensions between Turkey and the...More..

Warnings over Genoa bridge collapse made since 2012
by | Friday, August 17, 2018

Warnings over Genoa bridge collapse made since 2012

As cranes moved in to shift truck-sized chunks of broken concrete, hundreds of firefighters searched for survivors, while public shock turned to anger over the state of the 1.2 km-long bridge, completed in 1967...More..

Marijuana stocks are down on Ontario private sales
by | Friday, August 17, 2018

Marijuana stocks are down on Ontario private sales

David Clement, a Toronto-based North American affairs manager at the Consumer Choice Center, said the decision by Ontario to embrace private retail is a win for consumers and smart public policy. "We will also ...More..

Chinese Electric-Car Startup Nio Files For $1.8 Billion U.S. IPO
by | Friday, August 17, 2018

Chinese Electric-Car Startup Nio Files For $1.8 Billion U.S. IPO

Founded in 2014 as NextEV , Nio wants to break into China's burgeoning electric-vehicle market with a series of premium-tier cars. That technology drive has spawned a clutch of startups from China, all wan...More..

Turkey lira CRISIS: Erdogan government holds MONSTER conference call with 6,000 investors
by | Friday, August 17, 2018

Turkey lira CRISIS: Erdogan government holds MONSTER conference call with 6,000 investors

In an interview Wednesday with Anadolu Agency , Qatar's Ambassador to Turkey Salem bin Mubarak Al-Shafi said: "The state of Qatar is always proactive in supporting its Turkish brothers". Trade Minister Ru...More..

Trump says his steel tariffs will save the US industry
by | Friday, August 17, 2018

Trump says his steel tariffs will save the US industry

American tariffs on solar imports and subsidies for domestic companies are harming Chinese industry and risk eroding the World Trade Organisation's authority, Beijing claimed, as it made a formal complaint to t...More..

Erdogan says Turkey will boycott United States electronic goods
by | Thursday, August 16, 2018

Erdogan says Turkey will boycott United States electronic goods

The officials said Qatar's Sheikh Tamin bin Hamad Al Thani pledged to "quickly implement" the investment package during a meeting with Mr Erdogan in Ankara . The Turkish lira did not suffer the kind of dizzyin...More..

Qatar promises $15 bn investment in Turkey: presidency
by | Thursday, August 16, 2018

Qatar promises $15 bn investment in Turkey: presidency

The announcement follows Turkish President Recep Tayyip Erdoğan's call for a boycott of USA electronics, including Apple's iPhones to counter Trump's actions to ramp up pressure on Turkey to release Bru...More..

Is China Printing Indian Currency Without New Delhi's Permission?
by | Thursday, August 16, 2018

Is China Printing Indian Currency Without New Delhi's Permission?

Earlier, South China Morning Post claims that China Banknote Printing and Minting Corporation has won contract to print Indian currency notes. Two years later China began printing money for Nepal , and...More..

The UK unemployment has reached its lowest level in 43 years
by | Thursday, August 16, 2018

The UK unemployment has reached its lowest level in 43 years

That was the lowest since the three months to February 1975, beating the figure expected by economists. The average weekly earnings for employees in Great Britain in real terms (adjusted for price inflation) ...More..

Canopy Growth marijuana stock surges after new Constellation stake
by | Thursday, August 16, 2018

Canopy Growth marijuana stock surges after new Constellation stake

Molson Coors Brewing Co. has started a joint venture with Hydropothecary Corp.to develop nonalcoholic, cannabis-infused beverages for the Canadian market. Today is all about this morning's transformative announ...More..

Russian FM Lavrov in Ankara to discuss busy Syria agenda
by | Thursday, August 16, 2018

Russian FM Lavrov in Ankara to discuss busy Syria agenda

The currency tumbled to a record low of around 7.20 lira against the dollar late on Sunday after President Recep Tayyip Erdogan warned of drastic measures if businesses withdraw foreign currency from banks. The...More..

Turkey aims new tariffs at US as court rejects pastor's appeal
by | Thursday, August 16, 2018

Turkey aims new tariffs at US as court rejects pastor's appeal

While fears of a crisis in Turkey still loomed, China was in sharp focus as the yuan sagged almost 0.8 percent to 6.9514 per dollar, hitting its weakest level since January 2017. That is also pressuring other A...More..

China to send negotiator to USA for trade talks this month
by | Thursday, August 16, 2018

China to send negotiator to USA for trade talks this month

Cinna's Commerce Ministry says visiting at the invitation of the US. The latest headlines crossing the wires concerning China-US trade spat, cites that China's Vice Commerce Minister is said to visit the US f...More..

Turkey slaps retaliatory tariff hikes on key USA products
by | Thursday, August 16, 2018

Turkey slaps retaliatory tariff hikes on key USA products

On Friday, US President Donald Trump doubled tariffs on aluminium and steel from Turkey in response to the detention of a US citizen. Also Wednesday, the Turkish government doubled tariffs on some USA...More..

Bitcoin And Ether Show Lack Of Momentum As Crypto Market Drops
by | Thursday, August 16, 2018

Bitcoin And Ether Show Lack Of Momentum As Crypto Market Drops

At press time, bitcoin is trading hands at $5,922, printing a 5 percent 24-hour depreciation, according to the CoinDesk Bitcoin Price Index, up slightly from a low of $5,785 set June 24. Ether has tumbled abo...More..

Death toll climbs following Italian bridge collapse
by | Thursday, August 16, 2018

Death toll climbs following Italian bridge collapse

Rescuers scoured crushed mountains of rubble for victims of a bridge collapse in Genoa as the toll rose to 39 Wednesday and Italy's government blamed the company in charge of motorways for the disaster. On Wedn...More..

by | Thursday, August 16, 2018

Turkey Counterpunches By Raising Tariffs On U.S. Goods

The White House called the Turkish response a step in the wrong direction. The move comes amid increased tension between the two North Atlantic Treaty Organisation allies over Ankara's imprisonment of a pas...More..