Markets

Facebook anticipates up to $5 billion fine for privacy violation

Facebook anticipates up to $5 billion fine for privacy violation

Setting aside between $3bn and $5bn will hurt Facebook's shareholders because it means recorded earnings per share of $0.85 compared to what would have been $1.89 per share. That's after the company...

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Tesla posts loss, Model 3 faces hiccups

Tesla posts loss, Model 3 faces hiccups

Tesla reported net loss attributable to common shareholders of $702.1 million, or $4.10 per share, in the first quarter ended March 31, compared with a loss of $709.6 million, or $4.19 per share, a ye...

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A Future Ford EV Will Be Built on a Rivian Platform

A Future Ford EV Will Be Built on a Rivian Platform

That's because Ford just announced a half-billion partnership deal with electric vehicle maker Rivian. He says Rivian will benefit from Ford's manufacturing expertise and resources. The investment is ...

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Huawei revenue continues to rise despite USA opposition

Huawei revenue continues to rise despite USA opposition

It gave no earnings in its first ever quarterly results but said profit margin was "slightly higher" than a year ago at 8pc. However, the firm failed to disclose its actual net profit. The Chinese...

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India hopes USA will allow allies to buy some Iranian oil

India hopes USA will allow allies to buy some Iranian oil

The global Brent crude oil benchmark rose to more than $74 a barrel on Monday, the highest since November, due to the uncertainty surrounding increased supply from Saudi Arabia and other OPEC nation...

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Sisters ready for Easter egg-stravaganza at Coleraine

Sisters ready for Easter egg-stravaganza at Coleraine

There will be 3,000 eggs and 100 prize eggs. Last year, the Blind River Easter Egg Hunt drew 411 children from across the region, along with another 545 parents, grandparents and friends. From 1 to 5 ...

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Redacted Mueller report set for release

Redacted Mueller report set for release

White House officials and sources close to the administration say advisers to the president are most concerned about the possibility of previously unknown examples of potential obstruction of justic...

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Jet Airways suspends all flight operations

Jet Airways suspends all flight operations

Fugitive businessman and owner of the now-defunct Kingfisher Airlines Vijay Mallya on Wednesday attacked the Modi government for allegedly discriminating between state-owned and private airlines whi...

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Apple and Qualcomm settle billion-dollar lawsuit

Apple and Qualcomm settle billion-dollar lawsuit

A year later, Apple had switched to making its phones with Intel chips and filed a suit against Qualcomm asking for that $1 billion and a lower royalty rate. Qualcomm said it anticipates the agr...

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The Most Affordable Tesla Model 3 Costs $53,700 Online

The Most Affordable Tesla Model 3 Costs $53,700 Online

However, without the model listed on the website, Tesla is keeping customers in the dark about its availability. Once the lease ends, the auto will receive an over the air update which will make it co...

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Amazon Workers May Be Listening To What You Tell Alexa

Amazon Workers May Be Listening To What You Tell Alexa

However, employees will still have the Amazon account number and the device's serial number associated with the conversation they are listening to. In its report, Bloomberg quotes as its source, "...

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Libya crisis: Prime Minister Fayez al-Serraj vows to defend Tripoli

Libya crisis: Prime Minister Fayez al-Serraj vows to defend Tripoli

Video has now emerged showing U.S. Navy Landing Craft Air Cushion (LCAC) hovercraft approaching and landing on the beach in the town of Janzour, which is located just a few miles to the west of Trip...

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Millions of Facebook user records exposed on Amazon cloud server

Millions of Facebook user records exposed on Amazon cloud server

The information included comments, reactions, likes, FB IDs and account names uploaded by media company Cultura Colectiva . "Facebook's policies prohibit storing Facebook information in a public da...

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Tesla shares skid as Model S and X deliveries fall by half

Tesla shares skid as Model S and X deliveries fall by half

Lawyers for the SEC are asking Nathan to hold Musk in contempt of court for violating an agreement he hammered out with the watchdog past year - and which the judge approved - to have his Tesla twe...

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Brent crude nears $70 as OPEC tightens supply

Brent crude nears $70 as OPEC tightens supply

U.S. West Texas Intermediate ( WTI ) futures were up 68 cents, or 1.13 per cent, at $60.82 by 1125 GMT, after briefly reaching their highest in more than four months at $60.90. Most of the build was...

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Trump steps back from threat to close border with Mexico

Trump steps back from threat to close border with Mexico

And if they don't stop them, we're closing the border . Appearing on CNN Tuesday, Rep. Michael Waltz (R-Fla.) said he's "concerned about the economic toll" if Trump continues his threat of sh...

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Theresa May faces Brexit deadlock

Theresa May faces Brexit deadlock

Speaking in the Commons following the vote, Labour leader Jeremy Corbyn said it was "disappointing" that no option had been picked. "I have failed chiefly because my party refuses to compromise". Th...

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Erdogan's ruling AKP suffers setback in Turkey's local election

Erdogan's ruling AKP suffers setback in Turkey's local election

The renewed slip in Turkey's financial markets and uncertain policy reaction to recession raises a risk of further capital flight, Moody's said, adding that the results of local polls will likely de...

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Manhattan tolls, plastic bag ban approved in New York budget

Manhattan tolls, plastic bag ban approved in New York budget

With a deal in place to ban plastic shopping bags in NY, here's what you need to know about your future trips to the grocery store. "I am proud to announce that together, we got it done", Cuomo said...

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Walgreens to Sell CBD Products

Walgreens to Sell CBD Products

Arcadia Biosciences, a company focused on biotechnology, has recently entered the cannabis market with the goal to produce quality hemp that contains a high amount of CBD and low amount of THC. with d...

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