Stories about Markets

Oct 07 2018

Elon Musk Bears The Brunt Of Misleading Tweets, Accused Of Fraud

Musk and Tesla agreed to pay $20 million each, and Musk agreed to step aside as Tesla's chairman for three years, to settle charges that Musk misled investors ...

Oct 06 2018

RBI seen raising rates again as rupee slide accelerates

The Reserve Bank of India (RBI) is expected to raise rates for a third time since June on Friday to combat inflationary pressures as it grapples with a weakening rupee ,...

Oct 06 2018

Toyota recall affects over 50000 United Kingdom cars

Toyota Motor Corp is recalling 744 Prius hybrid cars in Singapore, as part of its global recall of 2.4 million vehicles over a system issue that can lead to stalling. ...

Oct 05 2018

China used tiny chips on USA computers to steal secrets

Reuters was unable to reach Apple and Amazon, as well as representatives with the FBI, Department of Homeland Security Agency and National Security Agency for comment. "O...

Oct 05 2018

Maharashtra, Gujarat cut fuel prices by Rs 2.50; Kerala, Karnataka refuse

Gujarat government also made a decision to reduce petrol, diesel prices by Rs 2.5 per litre. This reduction in petrol prices was needed, as Maharashtra recently br...

Oct 05 2018

Canada Farmers Doubt Trudeau's Aid Pledge Will Cover Dairy Loss

As the clock approached midnight Sunday, word began to spread that Canada was ready to sign on the dotted line of the new trade agreement with the USA and Mexico. The...

Oct 05 2018

Teeswater Bruce County Farmer Explains USMCA Trade Deal News Centre News

While Nelson said this agreement won't solve all the problems plaguing the dairy industry, it's a start. The new deal will see Canada's duty-free amount go from $20 t...

Oct 04 2018

Canada Dairy Industry: New NAFTA a Bad Outcome

The US had imposed a deadline of midnight on Sunday for differences to be settled. "The best outcome for both countries is to lift tariffs on both sides". Morneau says th...

Oct 04 2018

Musk tells Tesla employees to prove 'naysayers' wrong

Tesla shares jumped 17 per cent on Monday as signs it had met targets for quarterly auto production added to relief at CEO Elon Musk's settling of a lawsuit with regula...

Oct 04 2018

Tesla Built 53,000 Models 3s in Q3, 80,000 Vehicles Total

Tesla missed its weekly Model 3 production target on Tuesday and said it was facing a 40 percent import tariff in China due to the ongoing U.S-China trade war. "If we g...

Oct 04 2018

Tesla Q3 2018 Vehicle Production and Deliveries Nasdaq:TSLA

The agency initially sought to bar him from serving as an officer or director, a pursuit that would have overshadowed the progress the company has made in manufacturing m...

Oct 04 2018

Trump says Saudi King wouldn't last two weeks without U.S. support

US crude inventories rose by 907,000 barrels in the week to September 28, to 400.9 million barrels, the American Petroleum Institute said Tuesday, ahead of Wednesday's of...

Oct 04 2018

Elon Musk no longer Tesla chairman, keeps CEO title

Automotive news website Electrek reported that Tesla had produced 53,000 of its Model 3 sedans in the third quarter, up from 28,578 in the previous three months and m...

Oct 03 2018

Canadian firm proposing class action lawsuit against Facebook over breach

In a statement this evening, the Commission said that Facebook has assured it that the company will be in a position to provide a more detailed breakdown of affected ac...

Oct 03 2018

Tesla beat its Model 3 production goal, but will it hit profitability?

In the last week of the quarter, we produced over 5,300 Model 3 vehicles, nearly all of which were dual motor, meaning that we achieved a production rate of more than 10,...

Oct 03 2018

Up to five million European Union accounts hit in Facebook breach

Facebook is still facing a Federal Trade Commission investigation into whether several data breaches including the Cambridge Analytica scandal and a data-scraping inc...

Oct 03 2018

Hundreds of Doncaster Amazon workers set to receive pay rise

The UK increase will give 17,000 full time and 20,000 seasonal workers a boost. Amazon, which has been under fire over its pay for low-ranking workers, is increasing i...

Oct 03 2018

Facebook sued hours after announcing security breach

If you are a user and are not aware of this security breach - reported by Facebook itself - then you definitely need to learn about it. While Facebook says this may...

Oct 02 2018

Elon Musk steps down as Tesla Chairman after Controversial Tweet

This is only the midpoint of his Musk-sational 2018 narrative . "We view Elon Musk and Tesla's settlement with the SEC as a positive change, as it should impro...

Oct 02 2018

Governor Brown Vetoes "Abortion Pill" Bill

But supporters of the California law say the rule change contains a fatal flaw that undermines the Justice Department's federalism case: The FCC's new rules have th...