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Business

Oil prices rose by about one per cent on Monday after top exporter, Saudi Arabia , announced a cut in supply for December. Trump tweeted, "Hopefully, Saudi Arabia and OPEC will not be cutting oil production". While they were willing to take that action to ease prices and shield themselves from attacks from the White House, many countries also need the value of a barrel to stay high enough to balance their budgets.
  • Indonesia plane crash: India-born Captain Suneja among 188 feared dead

    Indonesia plane crash: India-born Captain Suneja among 188 feared dead

    Business

    The jet was a Boeing 737 MAX 8, which can carry up to 200 passengers. Lion Air Group's Chief Executive Edward Sirait earlier told Reuters: "We can not give any comment at this moment". Lion Air is a budget carrier and has been involved in a number of incidents. Data for Flight 610 on aircraft tracking website FlightAware ends just a few minutes following takeoff.
  • Saudi Arabia claim global outcry over Jamal Khashoggi murder is 'hysterical'

    Saudi Arabia claim global outcry over Jamal Khashoggi murder is 'hysterical'

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    The stance led to a clash with France's Macron who told reporters in the Slovak capital Bratislava on Friday that stopping arms sales to Saudi Arabia would be "pure demagoguery". President Trump panned the shifting Saudi explanation . However, while he has floated the possibility of imposing sanctions. he has also stressed the importance of the two countries' ties.
  • Mega Millions Winning Ticket Sold In South Carolina

    Mega Millions Winning Ticket Sold In South Carolina

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    The record 2016 Powerball jackpot was split three ways by ticket holders in California, Florida and Tennessee. Anyone who hit all six numbers to win the jackpot can choose an immediate cash payment of US$904 million or receive the US$1.6 billion prize over 29 years.
  • ‘Gold diggin’ dog cons McDonald’s customers into giving her food

    ‘Gold diggin’ dog cons McDonald’s customers into giving her food

    Business

    The dog owner's post went viral and Princess the hamburglar shot to internet fame. Reyes even caught Princess in the act, as she spotted someone tossing her mischievous dog some food from in the parking lot. Knowing this, Reyes later posted damning video footage of Princess shaking down a random couple dining in their truck - proving just how effective the hound's hustle really is.
  • Saudi Arabia now says Khashoggi murder ‘premeditated’

    Saudi Arabia now says Khashoggi murder ‘premeditated’

    Business

    The CIA's Haspel heard an audio recording of Khashoggi's death during a trip to Turkey this week, sources told Reuters . He was there to pick up marriage papers, with his fiancée waiting outside in their auto. The Saudi royal family has denied involvement, instead scapegoating a number of Saudi agents who they say are responsible for the murder. Turkish officials and some US lawmakers allege the crown prince ordered the operation in which Jamal Khashoggi killed .
  • Despite Terrible Odds, Texans Taking A Chance At Mega Millions Fortune

    Despite Terrible Odds, Texans Taking A Chance At Mega Millions Fortune

    Business

    Certain combinations of the five white balls and one gold Mega Ball can get you anywhere from $2 up to $1 million . Get in line. Delmar Baracani of Spring Valley (left to right), Eliseo Garcia of DePue and Joe Nelson of Princeton stand in line to purchase Mega Millions jackpot tickets Monday morning at the Spring Valley Mini-Market.
  • Hackers Target Saudi Investment Conference Website

    Hackers Target Saudi Investment Conference Website

    Business

    Business leaders have been cancelling their scheduled trips to Riyadh amid the ongoing investigation into the death of Khashoggi , a USA resident and prominent critic of the Saudi government. Mr Trump went on to say he would be briefed about the suspected murder on Wednesday afternoon by United States officials after the head of the CIA's visit to Istanbul .
  • Tesla announces cheaper Model 3, but it's still not $35,000

    Tesla announces cheaper Model 3, but it's still not $35,000

    Business

    Tesla unexpectedly announced a mid-range battery option for the Model 3 , bringing the price of the vehicle down to $45,000 and completely changing the pricing structure. Until this week, Tesla had indicated a version with a smaller battery wouldn't go into high-volume production until the first quarter of 2019. Tesla previously promised that the Model 3's base price will start at $35,000, but drivers were disappointed with the $49,000 price tag that was revealed when the auto ...
  • Saudi Arabia has no plans to repeat 1973 oil crisis: Minister

    Saudi Arabia has no plans to repeat 1973 oil crisis: Minister

    Business

    President Joko Widodo met with Saudi Arabia's Foreign Minister Adel al-Jubeir on Monday at the presidential palace in the West Java city of Bogor. Surveillance footage allegedly provided by Turkish authorities to CNN purports to show Khashoggi's lookalike, named as Mustaka al-Madani, leaving the Saudi Consulate in Istanbul via the rear entrance, wearing the journalist's own clothes that he wore on October 2.
  • Mega Millions jackpot grows to $970 million

    Mega Millions jackpot grows to $970 million

    Business

    There was no victor in Tuesday's Mega Millions lottery draw, meaning the jackpot is yet another rollover. Lottery fever is sweeping the nation with a Mega Millions jackpot that is worth a cool $1 billion. A single victor in New York City who opts for the US$548m cash jackpot would only bring home about half that much, US$276m, after all taxes are paid, according to calculations by H&R Block, a United States tax services company.
  • Mike Pompeo expects ‘complete picture’ of Khashoggi’s fate from Saudis

    Mike Pompeo expects ‘complete picture’ of Khashoggi’s fate from Saudis

    Business

    Secretary of State Michael Pompeo said he expects Turkish and Saudi Arabian investigations to reveal a "complete picture" of what happened to Khashoggi. Now Trump said it "certainly looks" as though the reporter is dead. Meanwhile several lawmakers led by Congressman Jim McGovern introduced a legislation in the House to prohibit all USA arms sales to Saudi Arabia until Secretary of State determines that the Saudi regime is not responsible for the disappearance or death of Khashoggi.
  • Oil prices tumble as United States crude inventories surge

    Oil prices tumble as United States crude inventories surge

    Business

    That changed this weekend when, for the first time in over 40 years, the kingdom has offered a veiled threat to leverage its oil production , if pushed. European diplomats have said the SPV would create a barter system, similar to one used by the Soviet Union during the Cold War, to exchange Iranian oil for European goods without money changing hands.
  • Mega Millions, Powerball jackpots at cusp of combined $1 billion

    Mega Millions, Powerball jackpots at cusp of combined $1 billion

    Business

    There hasn't been a Mega Millions jackpot victor since it reached $543 million in July. That distinction goes to the $1.586 Powerball jackpot in 2016 that was shared by three winners, including a Chino Hills couple. Even though no one took home Friday's big prize, there were 2,651,183 winning tickets on the October 12 across all prize levels. Last week, Powerball suffered a minor setback when the drawing was moved from Tallahassee, Florida, to Urbandale, Iowa, because of evacuations ...