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Gold miners Randgold and Barrick agree $18bn all-share merger

Gold miners Randgold and Barrick agree $18bn all-share merger

Randgold shareholders will hold the rest. The new company will keep the Barrick name and be listed in NY and Toronto, while Randgold's London listing will be cancelled. The deal marks the biggest ...

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Chennai Petroleum cancels Iran oil imports

Chennai Petroleum cancels Iran oil imports

President Donald Trump said on May 8 the U.S. would withdraw from the Iran nuclear deal and re-impose sanctions that have been frozen since January 2016 as part of the Joint Comprehensive Plan of ...

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European leaders pour scorn on British PM's Brexit plan

European leaders pour scorn on British PM's Brexit plan

Speaking at a news conference in Brussels, Barnier said: 'It is then we shall see whether agreement we are hoping for is in our grasp. But Mrs May insisted her plans remained the "only proposal on t...

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China trade war escalating? - Danske Bank

The tariffs will start at 10 per cent, beginning Monday of next week, and then rise to 25 per cent on January 1. Trump told reporters earlier on Monday his impression is that Beijing wants to talk...

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Coca-Cola looking at cannabis-infused drinks

Coca-Cola looking at cannabis-infused drinks

Aurora Cannabis Inc. led pot stocks higher after Coca-Cola Co. said it's eyeing the cannabis drinks market, becoming the latest beverage company to tap into surging demand for marijuana products as...

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Australia Warns Consumer to Cut Strawberries After Needles Found Inside Some Samples

Six brands of strawberries are now believed to be affected by needle and pin contamination according to police, including Donnybrook Berries , Love Berry , Delightful Strawberries , Oasis brands,...

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Teenagers' use of e-cigarettes at epidemic levels - US health officials

Teenagers' use of e-cigarettes at epidemic levels - US health officials

Officials say to date, the problem of underage use is at "epidemic proportions ". "The disturbing and accelerating trajectory of use we're seeing in youth, and the resulting path to addiction, must ...

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U.S., Canada slug it out as deadline looms to clinch NAFTA

U.S., Canada slug it out as deadline looms to clinch NAFTA

Chrystia Freeland , Canada's foreign minister, returned to Washington on Tuesday for talks with U.S. Trade Representative Robert Lighthizer . "It is very important to inform" Prime Minister Just...

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Despite Trump's Suggestion, Ford Won't Produce This Vehicle In The US

Despite Trump's Suggestion, Ford Won't Produce This Vehicle In The US

It's not just Ford. It makes many of its products for the USA market in China , and it also sells gadgets including the iPhone in China, making them a potential target for Chinese retaliation aga...

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'Stop BEZOS Act' introduced in Senate targeting large employers

'Stop BEZOS Act' introduced in Senate targeting large employers

Anecdotes shared by current and former Amazon employees corroborate these findings. Sanders claimed that such corporate welfare costs the American taxpayer $ 150 billion a year, citing a study...

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Tesla erupts in chaos after senior executives leave, Musk tokes up

Tesla erupts in chaos after senior executives leave, Musk tokes up

Overall, Morton appears to have parted ways with Tesla amicably, stating that he still believes in the company's overall mission, as well as its future prospects. It's not clear whether the reshuf...

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Goldman drops bitcoin trading plans for now

Goldman drops bitcoin trading plans for now

Up until now, the digital currency was already facing problems with holding the gains on a monthly basis, but now it seems to be dropping by 1 percent on the weekly losses too. Ethereum took an even ...

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Trump claims he fell asleep watching Obama speech

Trump claims he fell asleep watching Obama speech

In a speech at the University of IL at Urbana-Champaign, Obama said Americans were living in "dangerous times " and accused Republicans of undermining global alliances, cozying up to Russian Federa...

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US crude rises on Gulf of Mexico shut ins

US crude rises on Gulf of Mexico shut ins

USA light crude jumped $1.60 a barrel from Friday's close to a peak of $71.40, its highest since mid-July, before easing to around $70.65 by 1340 GMT. Japan's major oil wholesalers are preparing to ...

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JD.com's billionaire CEO released after U.S. arrest

JD.com's billionaire CEO released after U.S. arrest

The billionaire founder of one of China's largest internet companies was arrested last week in Minnesota for alleged sexual misconduct, spending the night in jail before being released the following...

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Trump blasts union leader on Labor Day

Trump blasts union leader on Labor Day

Trump notified Congress on Friday of his intent to sign a revamped deal in 90 days, amid negotiations that blew past the deadline imposed by the president. Donald Trump said there is "no political ne...

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FOCAC 2018 summit: 9 major things Buhari said in China

FOCAC 2018 summit: 9 major things Buhari said in China

The Forum on China-Africa Cooperation (FOCAC) should "build links between dignity, work opportunity and economic", Ramaphosa said. "Resources for our cooperation are not to be spent on any vanity proj...

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Coca-Cola digs into coffee with $7b Costa purchase

Coca-Cola digs into coffee with $7b Costa purchase

Other big food brands are investing in coffee too. JAB Holdings, an investment holding company, has been buying up businesses and brands associated with Peet's, Caribou, Stumptown and Krispy Kreme Dou...

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Theresa May: Nigeria, UK sign agreement on security, economy

Theresa May: Nigeria, UK sign agreement on security, economy

May arrived Nigeria this afternoon as part of her visit to some African countries. British Prime Minister Theresa May meets with South African President Cyril Ramaphosa in Cape Town, South Afri...

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Elon Musk revives 'pedo' controversy in Twitter spat

Elon Musk revives 'pedo' controversy in Twitter spat

However, earlier this week, Musk appeared to double-down on his pedophilia themed attacks, tweeting, "You don't think it's odd [Unsworth] hasn't sued me?" Then Drew Olanoff, a former TechCrunch wr...

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President Donald Trump Tweetstorm - The Sunday Edition

President Donald Trump Tweetstorm - The Sunday Edition

Mr Weisselberg is reportedly mentioned on a tape secretly recorded by Cohen in 2016 in which a hush money payment to an alleged lover of Mr Trump is discussed. The Trump administration had a lon...

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Chief of the Fed navigates unsafe political and economic waters

Chief of the Fed navigates unsafe political and economic waters

Federal Reserve chair Jerome Powell sees plenty of reasons the US economy's strong run will continue. Even so, Fed watchers fully expect another quarter-point hike in the federal funds rat...

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Trump Org CFO Allen Weisselberg given immunity by prosecutors to testify

Trump Org CFO Allen Weisselberg given immunity by prosecutors to testify

Cohen says he arranged payments to two women who said they had affairs with Trump more than a decade ago - and that he did it at Trump's direction. The detail comes on the heels of federal prosecu...

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Trump (Again) Expresses His Displeasure with Federal Reserve Raising Interest Rates

Trump (Again) Expresses His Displeasure with Federal Reserve Raising Interest Rates

Trump's remarks to Reuters follow reports that the president criticized the Fed's interest rate hikes at fundraiser in Long Island over the weekend. Raising interest rates would increase the ...

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Gold prices extend gains as dollar sags after Donald Trump remarks

The Fed is raising rates in an effort to keep prices stable and to prevent the economy from overheating, but Trump has complained the increased rates are obstacles to economic growth. Neil Wilson, t...

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London Gatwick passengers need to check whiteboards after IT glitch

London Gatwick passengers need to check whiteboards after IT glitch

London Gatwick Airport has descended into chaos after flight information screens suddenly stopped working. So staff have been forced to physically write on board while people crowd round hoping t...

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PepsiCo buys fizzy drink maker SodaStream for $3.2bn

PepsiCo buys fizzy drink maker SodaStream for $3.2bn

Speculation about PepsiCo or Coca-Cola buying Sodastream has bubbled for years. This represents a 32% premium to the 30-day volume weighted average price . She said SodaStream's products, which are...

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Trump asks SEC to mull half-year corporate filings vs quarterly

Trump asks SEC to mull half-year corporate filings vs quarterly

Such a switch would mark a huge change in the U.S. Securities and Exchange Commission's disclosure requirements and put them in line with European Union and United Kingdom rules . Riley FBR. "If pu...

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Italy ends search for Genoa bridge victims, mulls infrastructure plan

Italy ends search for Genoa bridge victims, mulls infrastructure plan

One survivor of the Genoa bridge collapse was in his vehicle as it plunged 45 meters (150 feet) to the ground along with falling sections of highway and concrete. Italy's populist ruling coalition l...

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Turkey s President Recep Tayyip Erdogan says country will defy economic threats

Turkey s President Recep Tayyip Erdogan says country will defy economic threats

The fate of Andrew Brunson , charged with terror offenses by a Turkish court, also overshadows the predicament of a Turkish-American scientist from NASA and several Turkish workers for the USA diplom...

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Washington, Ankara Trade Threats over New Sanctions

Washington, Ankara Trade Threats over New Sanctions

Brunson, an Evangelical pastor residing in the coastal province of Izmir, is standing trial in Turkey over terrorism charges. Turkey has been hit by a currency crisis fuelled by a heated row with th...

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Erdogan calls to boycott USA electronics, including iPhone

Erdogan calls to boycott USA electronics, including iPhone

Although narrowly tailored, those penalties have contributed to a slide in the value of the Turkey's currency , the lira , amid fears of a broad economic crisis. "Trade wars help no one, but Turkey ...

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Turkish lira rallies as Ankara increases tariffs on USA imports

Turkish lira rallies as Ankara increases tariffs on USA imports

U.S. President Donald Trump and his vice president Mike Pence have repeatedly called for the pastor's release and have sanctioned two Turkish ministers after a Turkish court moved him to house a...

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Saudi wealth fund PIF has shown no interest in bankrolling Tesla buyout

Saudi wealth fund PIF has shown no interest in bankrolling Tesla buyout

Elon could wind up in trouble if he had no factual basis for making the claim "funding secured". Tesla's board has not received a detailed financing plan from Chairma/CEO Musk, and is seeking mor...

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Draper identifies Utah firefighter killed battling huge blaze in California

Draper identifies Utah firefighter killed battling huge blaze in California

The fire is burning near the Mendocino National Forest, about 140 miles northwest of Sacramento. The Mendocino Complex Fire - comprising the River Fire and the Ranch Fire - is the largest record...

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