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Markets

India has asked social media company Facebook Inc to respond by June 20 to media reports of sharing users data without their explicit consent, a government statement said on Thursday. He said the company had deleted the data. The remarks came as an unrepentant Nix clashed with British lawmakers investigating the use of Facebook data in election campaigns.
  • Sky takeover: UK clears way for deal to proceed

    Sky takeover: UK clears way for deal to proceed

    Markets

    Culture Secretary Matt Hancock has referred Fox's bid for a further consultation, but has also cleared Comcast's rival bid to take over Sky . Sky shares nudged 0.4% higher to 1,356p in late afternoon trade in London. Fox is seeking to buy the stake for £11.4 billion but the long-running saga has been plagued by fears over media plurality and broadcasting standards - and the influence of Australian-born United States citizen Murdoch.
  • Petrol prices cut by 13 paise, diesel by 9 paise

    Petrol prices cut by 13 paise, diesel by 9 paise

    Markets

    In the last eight days, petrol prices have been lowered by 71 paise per litre in Delhi, 70 paise in Mumbai, 69 paise in Kolkata and 75 paise per litre in Chennai , data from International Olympic Committee website showed. Iran, Iraq, Kuwait, Saudi Arabia, UAE, and Qatar are among the members of OPEC. These factors include Middle East tensions, the potential for renewed United States sanctions against Iran and concerns over Venezuelan supply.
  • What to expect from Apple’s 2018 WWDC developer conference

    What to expect from Apple’s 2018 WWDC developer conference

    Markets

    The company is expected to launch the next version of its iOS operating system, iOS12, new MacBooks and cheaper variant of HomePod. Granted, there's every reason to believe that the two companies have been developing similar software updates for a while now, and it just so happens that Google got to announce its system first.
  • Merkel hand Macron olive branch on eurozone reforms

    Merkel hand Macron olive branch on eurozone reforms

    Markets

    League leader Matteo Salvini , Italy's new interior minister, has said that Italians "aren't the slaves" of European Union powerhouses Germany and France. Merkel said in Sunday's interview that she supports creating a European Monetary Fund - similar to the International Monetary Fund - that could help stabilize the eurozone by offering long- or short-term loans to member nations.
  • Sears closing 72 stores

    Sears closing 72 stores

    Markets

    The closings of Sears stores have been coming at a rapid pace, creating vacancies at area shopping malls. The retailer put up for auction the property its stores occupy at Mid Rivers Mall and South County Center . Sales at established stores, a key gauge of a retailer's health, tumbled almost 12 percent, down 9.5 percent at Kmart stores and 13.4 percent at Sears.
  • Amazon to block Aus shoppers from USA website

    Amazon to block Aus shoppers from USA website

    Markets

    Currently GST is applied to items bought overseas for more than $AU1000. "This will allow us to provide our customers with continued access to worldwide selection and remain compliant with the law which requires us to collect and remit GST on products sold on Amazon sites that are shipped from overseas", the spokesman said.
  • Starbucks across country close Tuesday for racial bias training

    Starbucks across country close Tuesday for racial bias training

    Markets

    Starbucks teamed up with the Perception Institute, an anti-bias research and advisory group, to create the training, which will focus on how employees can better assess their own assumptions and biases. Fellow customers tried to defend the two men as they were being confronted by police, but they were still handcuffed and removed from the establishment, according to Philly.com .
  • Canadian Government under fire for buying troubled oil pipeline

    Canadian Government under fire for buying troubled oil pipeline

    Markets

    This "national energy strategy" was at the core of the Liberal commitment to a "strong economy and a clean environment" in the last election - and its implementation will be crucial to the government's offer for re-election. The Houston-based company had stopped all non-essential spending on the project last month after facing broad opposition from environmental groups, indigenous communities, and the province of British Columbia.
  • Traveling this weekend? Expect to pay more for gas

    Traveling this weekend? Expect to pay more for gas

    Markets

    That's the highest number of travelers in more than 12 years and five percent more than last year . Paducah area gas prices ranged Friday from $2.67 to $2.95 per gallon. "If you're planning a road trip, be sure to get enough rest before you get behind the wheel, and take frequent breaks every couple hours or 100 miles, to reduce avoid drowsy driving".
  • North, South Korea Leaders Meet Over Trump

    North, South Korea Leaders Meet Over Trump

    Markets

    Last month's summit marked the first meeting between North and South Korean leaders in a decade. The Libya model refers to the agreement Libyan leader Moammar Gadhafi made to give up his nuclear weapons, only to be toppled by Washington-backed rebels years later.
  • 0-Oil rallies to multi-year highs on Venezuela worries

    0-Oil rallies to multi-year highs on Venezuela worries

    Markets

    OPEC and some non-OPEC major oil producers are scheduled to meet in Vienna on June 22. The Organisation of the Petroleum Exporting Countries (OPEC) and a group of non-OPEC producers led by Russian Federation started withholding output in 2017 to tighten the market and prop up prices.
  • Texas School Shooter's Dad Says Son was 'Mistreated' By Classmates

    Texas School Shooter's Dad Says Son was 'Mistreated' By Classmates

    Markets

    The state hosted the National Rifle Association's annual meeting two weeks ago. Wednesday's discussion was to include representatives of Texas Gun Sense , which has said it will press for tougher background checks for gun sales and "red flag" laws that keep guns away from people deemed a danger to themselves or others.
  • Manchester attack: 'Trees of Hope' trail for tributes

    Manchester attack: 'Trees of Hope' trail for tributes

    Markets

    Ariana Grande performing during the One Love Manchester benefit concert. Grande suspended her Dangerous Woman Tour after the bombing and returned for the One Love Manchester charity concert weeks later, which raised funds for victims of the attack.
  • Ocado signs exclusive U.S. partnership agreement with Kroger

    Ocado signs exclusive U.S. partnership agreement with Kroger

    Markets

    Ocado is known for fast deliveries and, according to CNN Money , Ocado said it will be helping Kroger with warehouse operations, logistics, delivery route planning and automation. If the Ocado partnership gives Kroger the confidence to bring delivery in-house, "that will be disastrous for Instacart", said Neil Saunders, managing director of GlobalData Retail.
  • IShares Core S&P 500 ETF (IVV) Rises 0.03% for May 17

    IShares Core S&P 500 ETF (IVV) Rises 0.03% for May 17

    Markets

    Taking a closer look from a technical standpoint, Mstar Large-Cap Ishares ETF (JKD) presently has a 14-day Commodity Channel Index (CCI) of 179.76. Moving averages can be used to help smooth information in order to provide a clearer picture of what is going on with the stock.