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Stories about Markets

Nov 20 2018

Bitcoin Cash (BCH) Reaches Market Cap of $6.83 Billion

According to the data on CoinMarketCap , $25 billion has been wiped out from the market in a 24-hour period. Bitcoins are created through a process called computer " m...

Nov 18 2018

Amazon is starting Black Friday a week early

Zoe Mills, a retail analyst at the consultancy GlobalData, said that even though there had been "prolific discounting" already this year, Britons were expected to spend £...

Nov 16 2018

California wildfire: At least 63 dead, 630 reported missing

The Camp Fire coincided with a flurry of smaller blazes in Southern California, including the Woolsey Fire, which has killed three people and destroyed at least 500 struc...

Nov 15 2018

Amazon announces NY and Virginia as HQ2 picks

Rapidly growing Long Island City is an old manufacturing area already being reinvented as a hub for 21st-century industry, creativity and urbane living. Amazon said it...

Nov 15 2018

Hon Hai's profit miss reflects growing iPhone-supplier woes

In the fourth quarter, Apple sold 46.9 million iPhones, missing analyst expectations of 47.5 million iPhones, according to FactSet. In a note to investors, Kuo stated...

Nov 14 2018

Oil prices rise 1.5% after Saudi Arabia announces supply cut in December

In trading on Monday, benchmark oil contract Brent North Sea crude gained nearly a dollar. Bordoff said , however, that producers might not be ready to cut output yet ...

Nov 10 2018

Crude oil production in the United States of America reaches world record high

U.S. West Texas Intermediate (WTI) crude CLc1 was at $61.84, down 37 cents, or 0.6 percent. International Brent crude oil futures were down $1.27, or 1.7%, at $71.90/...

Nov 07 2018

China's Expo attracts 1000 firms from Belt and Road countries

China ranks 59th out of the 62 countries evaluated by the Organization for Economic Cooperation and Development in terms of openness to foreign direct investment. Yet t...

Nov 06 2018

Amazon May Split HQ2 Location Between 2 Cities

More than a year after Amazon announced that it was searching for a second headquarters, the company has made a decision to split the new offices between two cities, ...

Nov 06 2018

Amazon to Offer Free Shipping on Holiday Orders

One caveat: While Prime members still get free two-day shipping, the new offer requires customers who partake to settle for the five- to eight-day variety. A few weeks ag...

Nov 06 2018

Trump warns of 'fragile' victories in final midterm sprint

As a result, Bloomberg's team poured money into otherwise overlooked suburban districts in states like Georgia, Washington state and Oklahoma because data revealed voters...

Nov 04 2018

Apple won’t reveal how many iPhones it sells anymore, and here’s why

Global sales had a huge role to play as Apple recorded 61% of its revenue from it. iPhone sales were not as impressive as it sounds as Apple sold 46.89 million iPho...

Nov 01 2018

USA eyes more China tariffs if Trump-Xi meeting fails

A person familiar with the U.S. administration's tariff deliberations told Reuters news agency there could soon be movement towards a new round of tariffs, adding that ...

Oct 31 2018

Brexit threat to Britain's latest budget

The Birkenhead MP said: "The whole of the Budget deficit has been put on families and particularity families with children". And despite the Budget's boost for the he...

Oct 31 2018

Autonomy of Reserve Bank 'essential', says finance ministry

It quoted another source as saying that there is "irreversible breakdown between RBI governor and the government". Sentiments are already weak in the market . The financ...

Oct 29 2018

Indonesian plane carrying 188 passengers crashes into the sea

Head of the search and rescue agency Muhmmad Syaugi said wreckage had been found near where the Lion Air plane lost contact with air traffic officials on the ground. Lion...

Oct 28 2018

$100000 Powerball ticket sold in Fargo

In Michigan, two tickets sold matched four white ball and the Powerball to win $50,000. The $750 million prize refers to the annuity option, paid annually over 29 y...

Oct 27 2018

Amazon tumbles on disappointing forecast for holiday revenue

In the previous quarter, the annual rate was a brisk 4.2 percent, the best in almost four years. AWS's revenue jumped 46% from the year-ago period to $US6.7 billion. It...

Oct 26 2018

Son Of Jamal Khashoggi, Killed In Saudi Arabian Consulate, Arrives In US

Callamard said she had concluded that the Saudi government officials who orchestrated Khashoggi's killing were high enough in position to represent the state and that...

Oct 24 2018

Mega Millions Frenzy At A Fever Pitch Ahead Of Tuesday Night Drawing

Another added a hopeful note to their tweet, writing, "I didn't win #MegaMillions this time". The $1.6 billion would yield a $ 913 million cash prize before taxes if t...