Business

UK Sees First July Budget Surplus Since 2002 on Tax Boost

UK Sees First July Budget Surplus Since 2002 on Tax Boost

The receipts from self-assessed Income Tax increased by GBP 0.8 billion annually to GBP 8.0 billion, the highest level of July self-assessed Income Tax receipts on record. Separate figures from the Co...

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'LA Times' Names Levinsohn Publisher/CEO, 4 Top Editors Ousted

'LA Times' Names Levinsohn Publisher/CEO, 4 Top Editors Ousted

Named as interim executive editor was Jim Kirk , who was publisher and editor-in-chief of the Chicago Sun-Times until last week. He calls Levinsohn "a visionary and innovative executive" with "lo...

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Oil prices rebound ahead of U.S. supply data

Oil prices rebound ahead of U.S. supply data

Brent crude futures were at Dollars 50.93 per barrel at 0031 GMT, down 10 cents, or 0.2 percent, from their last close . Oil prices settled sharply higher on Friday, jumping about 3% in a surprise ...

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Infosys Shares Fall 14% In Two Days. Should You Buy Now?

Infosys Shares Fall 14% In Two Days. Should You Buy Now?

Despite the fall, a few stocks did manage to rally and hit new year highs on Monday. ICICI Securities said, "Though shareholder value creation through a buyback is a step in the right direction,...

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Moon Jae-in warns North Korea against provoking during military drills

The United States and South Korean began long-planned joint military exercises yesterday, heightening tensions with North Korea which called the drills a "reckless" step toward nuclear conflict. The a...

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Visiting Prince Denied Entry to Brisbane Bar

Visiting Prince Denied Entry to Brisbane Bar

He said the first SNP meeting with authorities since the laws were enforced found the number of violent incidents in the CBD had reduced. The state government had previously urged SNPs to incorporat...

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Ford to launch scrappage incentive scheme

Ford to launch scrappage incentive scheme

Ford bosses are expecting thousands to take up the new deal although that's just a fraction of the 19million United Kingdom drivers who are eligible. Under the new scheme, incentives are available o...

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Hyundai Previews Fuel Cell SUV to Drop in 2018

Hyundai Previews Fuel Cell SUV to Drop in 2018

In a news conference, Executive Vice President Lee Kwang-guk announced the company's future plans when it comes to environment-friendly transportation. It's worth noting these statistics are in grave ...

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Justin Trudeau, Irish PM Leo Varadkar March In Montreal's LGBT Pride Parade

Justin Trudeau, Irish PM Leo Varadkar March In Montreal's LGBT Pride Parade

He said Canada and Ireland must work in tandem to advance equal rights, particularly in places where they are threatened. "One of the things we have in common most of all is that we are countries ...

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BHP Billiton: Exits US Shale as Profits Rebound

BHP Billiton: Exits US Shale as Profits Rebound

BHP, in an anouncement this morning, said that it has decided the onshore business was "non-core" and an exit was being "actively pursued". "We have determined that our onshore USA assets are non- c...

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The solar eclipse could cost American businesses almost $700 million

The solar eclipse could cost American businesses almost $700 million

Still, this is nothing in comparison to the lost productivity during March Madness, Cyber Monday and the day after the Super Bowl. Canada previously saw total eclipses in 1963, 1972, 1979 and 2008, ...

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Wal-Mart Stores, Inc. (WMT) Rating Reiterated by Wells Fargo & Company

Wal-Mart Stores, Inc. (WMT) Rating Reiterated by Wells Fargo & Company

The stock decreased 1.56% or $0.005 on August 18, reaching $0.322. About 352,749 shares traded. It has outperformed by 12.14% the S&P500. Gfs Advisors Llc increased Wal ( WMT ) stake by 85% reported...

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Two thirds of top firms 'unprepared for cyber-attacks'

Two thirds of top firms 'unprepared for cyber-attacks'

Some 57% of respondents also reported a clear understanding of the potential impact of loss of or disruption to key information or data assets as a result of a cyber incident. Seventy seven per cent o...

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Safety Alert: Dutch Bros. recalls solar eclipse glasses

Safety Alert: Dutch Bros. recalls solar eclipse glasses

Idaho Statesman reports Oregon-based Dutch Bros. The most salient takeaway was in all caps: "DO NOT USE THEM TO VIEW THE ECLIPSE". Dutch Bros officials said they purchased these glasses after rece...

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Infosys co-founder has 'much to answer for' about CEO's exit

Infosys co-founder has 'much to answer for' about CEO's exit

Infosys' revenue has increased by almost 25 per cent during Dr Sikka's tenure. Rituparna Chakraborty, executive VP and co-founder of TeamLease Services , said, " Infosys " reputation as an " Employe...

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YouTube will see a new section

YouTube will see a new section

Should you not want to see this section, you can hit the "x" on desktop or the "Not interested" button in the three-dot menu on mobile. The video service is working to counter that would show how many...

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Sempra to Gain Control of Largest Texas Utility in $9.45 Billion Deal

Sempra to Gain Control of Largest Texas Utility in $9.45 Billion Deal

Sempra Energy ( SRE ) agreed to buy Texan power distributor Oncor Electric Delivery and its bankrupt parent Energy Future Holdings for an enterprise value of about $18.8 billion, bursting in on Berk...

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Rosneft completes acquisition of Essar Oil stake

Rosneft completes acquisition of Essar Oil stake

The state-run oil exploration and production company Rosneft said on Monday that a consortium led by it has completed the delayed takeover of more than 98% equity stake in the private oil refining...

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China's Guangzhou Automobile Group deny Fiat Chrysler takeover rumors

China's Guangzhou Automobile Group deny Fiat Chrysler takeover rumors

Currently, Great Wall generates much less annual revenue compared to Jeep's parent company, but the manufacturer is confident it could raise enough money to fund the deal. Yale Zhang, head of the Sh...

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Rathbone Brothers in merger talks with Smith and Williamson

Rathbone Brothers in merger talks with Smith and Williamson

Rathbones announced this morning that the firms had been in discussions "for some time" and the two companies' boards "are confident that the combination would bring meaningful benefits for the stakeh...

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Maersk Oil sold to Total for $7.45bn

Maersk Oil sold to Total for $7.45bn

Skou said he had not decided whether to take up the offer of a seat on the Total board. There is no lock-up on the shares it will own in Total . The deal will see Total become a 3m barrels a da...

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VW is bringing back the Kombi - sort of

VW is bringing back the Kombi - sort of

Herbert Diess, Chairman of the Board of Management for the Volkswagen brand said in the statement. "Now we're bringing it back by developing Volkswagen's next e-generation and by reinventing the B...

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Online security firm yanks protections for neo-Nazi site

Online security firm yanks protections for neo-Nazi site

The site going offline was an outcome imagined by both friends and foes of the neo-Nazi site. Facebook also said it had removed accounts belonging to Chris Cantwell, a web commentator who has ...

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Tech leaders warn against 'Pandora's box' of robotic weapons

Tech leaders warn against 'Pandora's box' of robotic weapons

The signatories say they've penned the letter for two reasons. "Until people see robots going down the street killing people, they don't know how to react because it seems so ethereal", he said ...

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Flights halted briefly at Delhi Airport after drone sighting

Flights halted briefly at Delhi Airport after drone sighting

AirAsia India has confirmed that their pilots saw an object resembling a drone flying close to their aircraft following which the flight operations at the Delhi airport were temporarily halted. All fl...

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Most investors respect the Merck CEO's decision to resign from Trump's council

Most investors respect the Merck CEO's decision to resign from Trump's council

Frazier resigned from Trump's manufacturing committee after the president's tepid response to the racist violence in Charlottesville , Virginia. Plank said on Monday night that Under Armour "...

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Arsenal join race to sign 22-year-old Real Madrid midfielder

The victory in the example, the second consecutive year in the Champions League, the success in the UEFA Super Cup over Manchester United, and the Spanish Super Cup over Barcelona 1: 3 and 2-0, seem...

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Clouds increase today with stray storms tonight, more storms Friday

Clouds increase today with stray storms tonight, more storms Friday

Monday - A 30 percent chance of showers and thunderstorms after 11am. Wednesday will be partly sunny with a high near 83 and a low around 61. Temperatures will reach close to 87 at the start of t...

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CEOs quit before Trump disbands councils

CEOs quit before Trump disbands councils

But members of Trump's administration, some of whom privately expressed exasperation over his self-inflicted crisis, remained loyal in public. The statement was in line with comments the day before ...

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Trump disbands business councils as CEOs flee after Charlottesville remarks

Trump disbands business councils as CEOs flee after Charlottesville remarks

The quiet was short-lived. In a heated news conference on Tuesday, Trump said there was "blame on both sides" for the violence, which culminated in the death of a 32-year-old woman, Heather Heyer...

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