Man watching TV

Mega-merger of media giants brings stock moves and criticism

BROADCASTING giants CBS and Viacom are set to merge in a media deal that will see shared ownership of MTV, Comedy Central and Paramount...
Yuan currency

Yuan tumbles to lowest level in a decade as US tariffs imposed

THE US has accused Beijing of currency manipulation after the Chinese yuan dropped to its lowest level in more than 10 years. The rate now...
Boeing 737 MAX

Max woes continue for Boeing, with production halt mooted

BOEING may halt production of the controversial 737 Max because of the aircraft’s grounding in the wake of two fatal accidents. (Click here to see...
Facebook Libra cryptocurrency

Born under a bad sign? Libra seems set to face opposition

THE TRUMP administration’s all-encompassing “national security concerns” have been invoked once more, this time in relation to Facebook’s plans to launch its own cryptocurrency,...
Unemployed Deutsche Bankers

Workers out on the streets as massive job cuts bite at giant Deutsche Bank

DEUTSCHE Bank is cutting thousands of jobs in London and New York, part of a radical plan to reduce its global workforce by 18,000. (Click...
Ford Explorer 2014 model

Another huge recall by Ford, and $180m bill will hit company hard

FORD Motor Company has recalled more than a million sport utility vehicles in north America for a suspension fault which could increase the risk...
Oxycontin tablets

Court proceedings mount against pharma firms behind OxyContin

JOHNSON & Johnson, Purdue Pharma and Israel-based firm Teva Pharmaceuticals are under increased legal pressure over their roles in the US’s opiate crisis. (Click here...
US-China Trade War

Tariff tussle resumes as US vows to impose new taxes on Chinese imports

THE TRADE war between the US and China is back, with fresh tariffs threatened by America and tit-for-tat retaliations likely to follow. The issue, which...
Boeing Share Price

Boeing stocks fall fast as news of tragic Max 8 crash is shared

By Richard Thomas IN THE age of the Internet and social media, responses to developments, incidents and accidents around the world are having increasingly rapid...
Tesla Model 3 2018

Tesla shuts showrooms and moves to online sales in bid to bring down Model...

TESLA is cutting prices and closing showroom doors in a dramatic bid to remain viable. (Click here to see stock prices for the companies mentioned...