• Mega Millions numbers revealed for massive $548M jackpot
Mega Millions numbers revealed for massive $548M jackpot

Mega Millions officials say no tickets matched all six numbers to claim the estimated $548 million grand prize. The next Mega Millions drawing is slated for Tuesday. The immediate cash value of the prize, which winners can opt to take, is $309 million. The second-largest jackpot was $648 million. And there's always a chance a victor might ...

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  • United States crude stocks up by 6 mln barrels
United States crude stocks up by 6 mln barrels

Technology shares tumbled on fears of slowing demand and concerns about US-China tensions. The S&P 500 Index slumped the most since February while the Nasdaq 100 Index had its worst day in seven years. Total volume traded was about 77 percent above the 100-day average. The ICE Brent crude futures were increased by 94 cents per barrel or 1.19% fro...

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  • OPEC oil supply rises to one-year high
OPEC oil supply rises to one-year high

U.S. West Texas Intermediate ( WTI) crude futures were up 11 cents at $71.08 a barrel, after falling 3 percent in the previous session to the lowest since September 21. Opec made a similar move on Thursday. "Oil bulls are bearing the brunt of another bruising session as yesterday's selling frenzy intensifies", said Stephen Brennock , analyst ...

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  • 30 million Facebook users have personal data accessed by hackers
30 million Facebook users have personal data accessed by hackers

According to a company blog post , attackers found a vulnerability in the code and used Facebook's "View As" feature to steal access tokens created to allow people to stay logged in. Facebook says the attack didn't impact Messenger, Messenger Kids, Instagram , WhatsApp, Oculus, Workplace, Pages, payments, third-party apps, or advertising or d...

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  • Singapore Airlines jetliner lands in US after world's longest flight
Singapore Airlines jetliner lands in US after world's longest flight

A representative for Singapore Airlines said that the Flight SQ22 left the Singaporean airport at approximately 11:35 pm (15:35 GMT) along with 150 passengers and 17 crew on board. "My cousin said 'hey, this is in the press.' I'm going to take pictures and show her", she said. Singaporean airlines is hoping that the introduction of more fuel-...

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  • Global growth has plateaued at 3.7 per cent; clouds on the horizon
Global growth has plateaued at 3.7 per cent; clouds on the horizon

But he said that China's involvement can create issues for Pakistan as well. The IMF pointed out that a full-blown trade war between the world's largest and second largest economies will cause a significant dent to the economic recovery from the Great Recession of 2018.

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  • Brexit: British Prime Minister Theresa May faces backlash from within Cabinet
Brexit: British Prime Minister Theresa May faces backlash from within Cabinet

Blair, a prominent voice opposed to Brexit, resigned as prime minister in 2008. The Former Labour Prime Minister also said Theresa May is unlikely to get her Chequers Brexit plan through parliament, urging Labour MPs to vote against it.

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  • Oil prices continue to fall amid United States sanctions on Iranian crude
Oil prices continue to fall amid United States sanctions on Iranian crude

Union Minister of Petroleum and Natural Gas & Ministry of Skill Development and Entrepreneurship, Shri Dharmendra Pradhan today inaugurated a Conference organised by The Energy Forum to discuss & debate on the developments in the global energy industry and overcoming the challenges to address India's energy security, import reduction, sustainabilit...

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  • Editor's Take | RBI policy: Tough choices for MPC
Editor's Take | RBI policy: Tough choices for MPC

India's benchmark 10-year sovereign yield fell to 8.04 per cent. The domestic currency turned weak by 65 paise to 74.23 against the dollar soon after the RBI announced its monetary policy . Contrary to market expectations, the monetary policy committee of the RBI kept the repo rate unchanged at 6 .5%. Lately, concerns over a rise in inflati...

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  • Rupee Breaches 73/$ Mark For The First Time Ever
Rupee Breaches 73/$ Mark For The First Time Ever

Consistent dollar demand from importers, mainly oil refiners, following higher crude oil prices, have kept the rupee under pressure. The greenback soared to a 15-month high against the Singapore dollar and stood tall against other Asian currencies on Thursday (Oct 4), after robust USA economic figures and bullish comments from the Federal Reser...

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  • Four states announce additional cut in fuel prices after Centre’s move
Four states announce additional cut in fuel prices after Centre’s move

Bihar Deputy Chief Minister Sushil Kumar Modi said his government has not received any letter from Jaitley on the matter, ANI reported. "This will be a test for all state governments, especially leaders who were only offering lip service earlier", Mr Jaitley pointedly remarked.

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  • Oil trades near four-year peak ahead of United States sanctions on Iran
Oil trades near four-year peak ahead of United States sanctions on Iran

The most-active December Brent crude futures contract LCOv1 settled up 59 cents at $81.38 a barrel, below the session high of $81.90 but still within sight of Tuesday's four-year high of $82.55. Most of the bullish trend came in response to the fact that the U.S. is ready to put sanctions on Iran and soon the supplies will drop in the market.

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  • Amazon Raising Minimum Wage To $15 For All US Workers
Amazon Raising Minimum Wage To $15 For All US Workers

In its announcement Tuesday, Amazon said it would lobby for an increase in the federal minimum wage, which has been stuck at $7.25 for a decade. New York state announced similar measures for New York City residents as part of its 2016-17 budget, with large companies - more than 11 people - mandated to raise their wages to $15 by the end of 20...

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  • Elon Musk’s
Elon Musk’s "Funding Secured" Tweet Just Cost Him & Tesla $40 Million

At the same time, Tesla has also settled new charges of "failing to have required disclosure controls and procedures relating to Musk's tweets", and will also pay a penalty of $20m. He is staying on as CEO, but gives up his chairmanship. This weekend's settlement made clear that Musk was neither accepting guilt nor denying the SEC's allegations...

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

According to the social networking firm, attackers exploited three vulnerabilities in Facebook's code related to the " View As " feature that lets people see what their own profile looks like to someone else. Access tokens are like digital keys that remind the website - and other linked services - that you're logged in. It adds to the social netwo...

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  • Tesla Stock Is Going Nowhere Fast Despite Elon Musk’s SEC Settlement
Tesla Stock Is Going Nowhere Fast Despite Elon Musk’s SEC Settlement

The SEC sued Musk on Thursday for misleading investors after falsely tweeting that he had secured funding to take the company private - also known in the securities biz as fraud . Nelson told FOX Business the settlement, which is still subject to court approval, "reflects certainty Musk is going to remain with the company in the CEO role".

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  • Tweet storm: Musk quits as chairman over false claims
Tweet storm: Musk quits as chairman over false claims

Shares of Tesla jumped almost 16% today after chief executive Elon Musk settled with the US Securities and Exchange Commission ( SEC ) over charges of misleading investors, heading off moves to force him out. "The total package of remedies and relief announced today are specifically created to address the misconduct at issue by strengthening ...

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  • Iran says its missing barrels can not be compensated
Iran says its missing barrels can not be compensated

Oil benchmark Brent traded little changed on Wednesday after rising to its highest in almost four years in the previous session, while U.S. crude futures fell as United States' officials tried to assure that the market would be well-supplied before sanctions are re-imposed on producer Iran .

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  • China Says Can't Hold US Trade Talks With
China Says Can't Hold US Trade Talks With "Knife To The Throat"

The response, which came just over an hour after the USA imposed new duties on US$200 billion in Chinese goods on Monday, underscores a deepening gulf between both governments in a dispute that observers say is less about a row over a bilateral goods deficit and increasingly about a USA desire to put the brakes on China's economic ascent.

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  • Jet Airways flight returns to Mumbai as passengers suffer nose, ear bleeds
Jet Airways flight returns to Mumbai as passengers suffer nose, ear bleeds

Passenger Darshak Hathi said there was also a problem with the air conditioning on the aircraft after it took off. According to media reports several passengers suffered nose bleed and headaches when the cabin crew forgot to pressurise cabin during take-off.

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