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Economy

The $1 billion investment by Amazon.com is on the top of United States dollars 5.5 billion funding it had previously announced . Amazon CEO Jeff Bezos on Friday concluded a three-day visit to India during which he faced criticism from members and supporters of the country's ruling Bharatiya Janata Party ( BJP ) over negative coverage from the Washington Post .
  • Iran says missile attacks on USA targets were 'legitimate self-defense'

    Economy

    Soleimani, who headed Iran's Quds Force, the overseas arm of the elite Revolutionary Guards Corps, was buried after the missile attacks, Iranian state television said. The federal aviation administration U.S. airlines banned to fly over the region "as a result of increased military activities and increased political tensions in the Middle East, which pose an unintended risk to United States civil aviation operations".
  • Tesla is now the most valuable United States automaker in history

    Tesla is now the most valuable United States automaker in history

    Economy

    No one will confuse Elon Musk with the next Fred Astaire, but the founder of Tesla and SpaceX still eliminated his best moves on stage in a Tesla event Tuesday in China. The Tesla Model 3 offers performance with longevity and is at the premium end of the electric auto market. The event comes just over a week after Tesla started delivering Model 3 vehicles built at the factory that was up and running in just 357 days - a record for global automakers in China.
  • Trump claims Soleimani was targeting '4 embassies'

    Trump claims Soleimani was targeting '4 embassies'

    Economy

    Trump ordered the January 2 strike on Qassem Soleimani after violent protests at the Baghdad embassy that the US says Iran instigated. "But what I can tell you is that the target was chosen in order to show that we are capable of hitting the target where the plan to kill Soleimani was organized", he said, adding that "we are not interested, we are not looking after killing Americans within this operation".
  • Dow, S&P 500, Nasdaq end at records on lower Iran worries

    Dow, S&P 500, Nasdaq end at records on lower Iran worries

    Economy

    The Nasdaq added 74 points, or 0.8%, to 9,203. The gains followed easing tensions between the United States and Iran and firmer hopes of a U.S. Money flowed into riskier investments, such as technology stocks , and trickled out of traditional hiding spots for investors when they're nervous, such as gold.
  • Web security holes left TikTok users wide open to pwnage

    Web security holes left TikTok users wide open to pwnage

    Economy

    The Chinese video making platform is used mainly by teenagers and kids to share, save and keep private (and sometimes very sensitive) videos of themselves and their loved ones. Check Point found out that a hacker can manipulate and send text messages to any phone number, appearing to come from TikTok . Currently, TikTok has more than one billion monthly active users across its apps, with India being one of its biggest markets with over 300 Mn active users.
  • United States imposes sanctions on Iranian steel and other metals

    United States imposes sanctions on Iranian steel and other metals

    Economy

    The Trump administration is imposing a new round of sanctions against Iran. The Iraqi prime minister said his country rejects all violations against its sovereignty, including the barrage of ballistic missiles that Iranian forces fired targeting against USA troops in Iraq and also America's violation of Iraq's airspace in the airstrike that killed a top Iranian general last week.
  • Japan to do utmost to have Ghosn return for trial: ministry official

    Japan to do utmost to have Ghosn return for trial: ministry official

    Economy

    Lebanon , however, has no extradition treaty with Japan . "But it can still decide whether to arrest him or let him remain free", the official said, adding that Ghosn could be heard on January 7 or 8. Eventually, the Tokyo court set the initial bail much lower than the figure sought by prosecutors. Ghosn promised to talk to reporters on Wednesday.
  • Record-setting $70 million Lotto Max jackpot up for grabs Friday

    Record-setting $70 million Lotto Max jackpot up for grabs Friday

    Economy

    The LOTTO MAX jackpot has been won 127 times since LOTTO MAX launched. Each time the prize goes unclaimed, the pot increases by $5 million, until reaching the $70 million cap, she said. All National Lottery and Euro Millions draw game prizes must be claimed within 180 days after the day of the draw (unless you follow the procedure which allows you to claim within seven days after the end of the claim period).
  • These Are the World’s Safest Airlines

    Economy

    Australia-based AirlineRatings.com releases its safety ranking each year after studying audits from aviation governing bodies, government audits, airlines' crash and serious incident records, fleet age and pilot training and culture. finished sixth, Cathay Pacific Airways ninth and Virgin Australia Holdings Ltd. Ranked 10-20 are Hawaiian Airlines, Virgin Atlantic, TAP Air Portugal, SAS, Royal Jordanian, Swiss, Finnair, Lufthansa, Aer Lingus and KLM.
  • Hong Kong retail sales decline 23.6% in Nov READ MORE

    Hong Kong retail sales decline 23.6% in Nov READ MORE

    Economy

    The Liaison Office, whose director is the highest-ranking Chinese political official in Hong Kong, was targeted in July by protesters throwing eggs and graffitiing the building. Hong Kong is a former British colony that became a special administrative region of China in 1997. Hong Kong's protesters welcomed the new decade on Wednesday with a New Year's Day rally, which saw tens of thousands of people join a pro-democracy march.