• Diesel cheaper by Rs 4.06
Diesel cheaper by Rs 4.06

On Friday, petrol price in Delhi stood at Rs 81.50 per litre, while Diesel was priced at Rs 72.50 per litre. After months of torturing the general public with soaring fuel prices , Finance Minister Arun Jaitely on Thursday announced a petty reduction of Rs 2.5 per litre on both diesel and petrol prices across the country.

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  • Elon Musk takes a swing at the SEC, in a tweet
Elon Musk takes a swing at the SEC, in a tweet

Bearing in mind that it was a tweet that got Musk in trouble in the first place, it's perhaps ironic that he has apparently taken aim at the SEC using Twitter . However, the government was annoyed with Musk's decision to bail on the original agreement so they doubled down on the conditions for the new settlement .

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  • Canadians duty-free limit increases to $150 following USMCA deal
Canadians duty-free limit increases to $150 following USMCA deal

In this June 8, 2018, photo, Canada's Prime Minister Justin Trudeau meets with U.S. President Donald Trump at the G7 leaders summit in La Malbaie, Quebec. Gordon said there could be a slight increase in market access to Canada for US dairy products, and the removal of that nation's Class 7 system pricing could lessen impact on the USA and world...

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  • China used tiny chips on USA computers to steal secrets
China used tiny chips on USA computers to steal secrets

We are deeply disappointed that in their dealings with us, Bloomberg's reporters have not been open to the possibility that they or their sources might be wrong or misinformed. The surveillance microchips reportedly could have connected to outside computers and secretly downloaded software to bypass security protections, such as passwords or encr...

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  • Trade pact gives local farmers wary optimism
Trade pact gives local farmers wary optimism

This all means Canadians will have more cheese and ice-cream options at the grocery store, but they won't necessarily be cheaper than local dairy products. He has repeated the complaint often since, threatening to punish Canada with devastating automobile duties. Specifically with regard to the dairy industry, Canada's pricing program has cre...

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  • Nafta: US and Canada reach new trade deal
Nafta: US and Canada reach new trade deal

The United States, Mexico, Canada Agreement , or USMCA , includes better terms for us dairy farmers, perhaps the most important goal for USA negotiators. He confirmed that the United States sought assurances that the new proposed trade deal wouldn't leave a "back door" for other economies to come through Canada into North America.

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  • Facebook Sued in California Over Hack of 50 Million Accounts
Facebook Sued in California Over Hack of 50 Million Accounts

The Commission said it understands the number of European Union accounts hit was less than 10% of the 50 million affected by the breach. The news comes just days after a hacker said he was going to delete Zuckerberg's Facebook page on Sunday.

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  • US, Canada reach trade deal hours before self-imposed deadline
US, Canada reach trade deal hours before self-imposed deadline

India wants to start trade talks with the US "immediately", US President Donald Trump said today at a press conference to announce a trade deal struck between the United States, Mexico and Canada. As per the US USMCA fact sheet , this deal encourages manufacturing and regional economic growth by requiring that 75% of auto content be made in No...

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  • Basis of Canada-US NAFTA deal has been reached, official says
Basis of Canada-US NAFTA deal has been reached, official says

A senior Trump administration official said Sunday night that the new deal will be renamed the USMCA: the US-Canada-Mexico Agreement. U.S. farmers will have access to about 3.5% of Canada's dairy market, Reuters reported , citing sources.

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  • National Coffee Day 2018: Where to Get Free Coffee This Saturday
National Coffee Day 2018: Where to Get Free Coffee This Saturday

If you like brewing your coffee at home instead of going, out you can still celebrate National Coffee Day 2018 thanks to Whole Foods . And do not forget to drink up-coffee is good for you after all. Caribou Coffee: With any food purchase Saturday, get a free cup of coffee at participating locations . This deal isn't limited to National Coffee Da...

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  • Elon Musk steps down as Tesla chairman following deal with U.S. regulators
Elon Musk steps down as Tesla chairman following deal with U.S. regulators

Musk has not tweeted about the SEC settlement . Musk will also be forced to step down from his position of as Tesla Chairman. Musk had stunned global financial markets on August 7 when he issued tweets saying he had the "funding secured" to take his automaker private.

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  • Tesla is building its own auto carriers
Tesla is building its own auto carriers

Earlier this month, Elon Musk said that "Due to a large increase in vehicle delivery volume in North America, Tesla customers may experience longer response times". It was August 7, when Musk tweeted that he has the funding. In order to extricate the company from its "delivery logistics hell", volunteers have also been showing up at delivery...

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  • Unhappy with NAFTA talks, Trump rejects to meet Canada's Trudeau
Unhappy with NAFTA talks, Trump rejects to meet Canada's Trudeau

Speaking to reporters at the United Nations General Assembly, President Trump said: "His tariffs are too high, and he doesn't seem to want to move and I've told him forget about it, and frankly, we're thinking about just taxing cars coming in from Canada".

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  • Oil hits four-year high as OPEC, allies maintain supply cut
Oil hits four-year high as OPEC, allies maintain supply cut

Meanwhile, Daniel Jaeggi, president and co-founder of Mercuria Energy Trading said worldwide crude oil prices could surpass the $100/b level, indicating that the global oil market does not have an adequate supply response for a potential reduction in Iranian supplies.

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  • Trump touts his own achievements, and the United Nations laughs
Trump touts his own achievements, and the United Nations laughs

US President Donald Trump wants Iran to be isolated by nations around the world due to what he deems to be aggressive behaviour. "He'll call on every country to join our pressure campaign in order to thwart Iran's global torrent of destructive activity".

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  • Oil rises as OPEC stops short of output hike
Oil rises as OPEC stops short of output hike

Adhering to production quotas agreed upon in late 2016 would mean OPEC and non-OPEC members will have to find a way to compensate for the 500,000 barrels a day that might be lost from both Iran and Venezuela . The sanctions are expected to have an immediate impact on exports from OPEC's third largest producer. The report said in one year the f...

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  • Michael Kors Is Reportedly Buying Versace for $2 Billion
Michael Kors Is Reportedly Buying Versace for $2 Billion

It also cited rumours saying that the buyer could be USA fashion group Michael Kors Holdings Ltd's (KORS.N) or jeweler Tiffany & Co (TIF.N). The leader of the pack is every mom's favorite handbag maker, Kors. And it comes as the Michael Kors business still hasn't been turned around, despite some progress made. "They didn't feel the need to in...

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  • At Algiers summit, OPEC will keep a wary eye on Donald Trump
At Algiers summit, OPEC will keep a wary eye on Donald Trump

But on Tuesday Bloomberg cited unnamed Saudi sources as saying the kingdom was comfortable with oil above $80, at least for the short term, helping to push prices higher. But allowing prices to rise too high could lead to a drop in oil consumption, with some already forecasting tepid growth in 2019 global demand. Refineries were running at 95.4...

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  • OPEC warns of threats to oil supply from Iran, other producers
OPEC warns of threats to oil supply from Iran, other producers

The focus on oil supply has been reflected in the options market this week, where investors have scooped up large amounts of buy or call options, suggesting they see prices rising. In July, Saudi Arabia saw its highest crude oil stocks draw in eight months at 5.51 million barrels, after the Kingdom unexpectedly reduced its production compared to ...

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  • Over 30 Jet Airways passengers bleed mid-air by crew negligence
Over 30 Jet Airways passengers bleed mid-air by crew negligence

An airline statement says the flight with 166 passengers and five crew members landed normally in Mumbai on Thursday. One passenger said the flight was on the runway since 20 minutes without any ventilation and total suffocation, and "don't know if will make it".

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  • Trump imposes fresh tariffs on $200 billion worth of Chinese goods
Trump imposes fresh tariffs on $200 billion worth of Chinese goods

The two governments have already imposed 25 percent tariffs on $50 billion of each other's goods. The Chinese government may decline to participate in proposed trade talks if the Trump administration moves forward with additional tariffs, the Wall Street Journal reported on Sunday, citing Chinese officials.

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  • No-deal Brexit would hit United Kingdom economy, says International Monetary Fund
No-deal Brexit would hit United Kingdom economy, says International Monetary Fund

Failure to reach a deal would imply some upheaval, May acknowledged. They don't want a hard border between Northern Ireland and Ireland. The London Mayor explained that with negotiations in disarray and the very real prospect of a "no deal" Brexit - which would be disastrous for Britain, he now believed that the British people should also be ...

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  • Worries about fate of NAFTA hit Detroit's Canadian neighbors
Worries about fate of NAFTA hit Detroit's Canadian neighbors

Canadian Foreign Affairs Minister Chrystia Freeland speaks to the media as she arrives at the Office Of The United States Trade Representative, Tuesday, Sept. But talks still appear to be hung up on USA objections to Canada's state control of the dairy market, as well as the procedures for resolving disputes.

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  • British Airways hit by payment data breach
British Airways hit by payment data breach

British Airways is facing a possible fine of around £500 million over a data breach that compromised 380,000 card payments after regulators said they were "making inquiries" into the incident. On the other side, cybercriminals are very proactive, and as soon as a new vulnerability is discovered in a popular CMS they start exploiting it in th...

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  • Goldman Sacks said to shelve plans for crypto trading desk
Goldman Sacks said to shelve plans for crypto trading desk

He has been published by The Financial Times, Reuters , the Wall Street Journal and The Telegraph, and he also appears regularly as a guest commentator on networks including Sky News, Bloomberg , CNBC and BBC. The best gains were seen in Monero and IOTA both rising over 5%. Though Goldman is not saying it is ditching the idea completely, st...

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