Business

Global Stocks Extend Gains on Commodities, Fed Statement

Gold prices rose to a two-week high Thursday after the Federal Reserve left interest rates unchanged at its latest policy meeting.

OECD Cuts U.K. Growth Forecast on Brexit Woes

Despite continuing economic turbulence, some foreign financial organizations are starting to register improvements in Brazil’s economy. “For 2016, GDP growth has been supported by a strong performance prior to the

SEC is back in the fight on insider trading

Famed investor Leon Cooperman was accused of insider trading by USA regulators in the government’s highest-profile case against a hedge fund manager since its crackdown on SAC Capital Advisors.

Intel Raises Revenue Forecast as PC Market Improves

The PC market is showing signs of recovery, with Intel increasing its revenue guidance based on improved chip shipments.

MacOS Sierra is now available to download

Apple Pay transactions on macOS Sierra can be authorized with the Apple Watch.

Ford moving all small car production to Mexico

Trump had told the congregation, “It was just announced that Ford is moving all small auto production – all of it, 100 percent – to Mexico over the next two

US retail sales, factory output slump; third-quarter growth forecast cut

Sales were 1.9 per cent higher than a year ago.

Bayer Clinches Monsanto Takeover for $66B

Creve Coeur based Monsanto has agreed to be bought out by Bayer AG for $128 per share in an all-cash deal totaling almost $66 billion, the companies announced Wednesday morning.

Hanjin Shipping fallout has less impact on finance industry

South Korea’s largest container shipping company, Hanjin Shipping Co. filed for receivership in Seoul Central District Court today.

New FAA Rules for small UAS go into effect

“I’ve consistently urged the FAA to move forward with regulations to make safe operation of unmanned aircraft in USA airspace a reality, and implementation of this new rule is a

Niger Delta Avengers says halted hostilities in Nigerian Delta

The Niger Delta Greenland Justice Mandate – a group which became known after targeting an oil installation earlier this month – said that it attacked the Ogor-Oteri pipeline, which is

African Treasury says Eskom executives blocking probe into coa

Eskom said in a statement over the weekend that the Treasury had not issued any conclusive findings against it on any of the utility’s coal contracts’ and that it was

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