CategoryFinance

Russia says no decision yet on delivery of S-300 missiles to Syria

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MOSCOW/JERUSALEM (Reuters) - Foreign Minister Sergei Lavrov said on Monday that Russia had not yet decided whether it would deliver advanced S-300 missile systems to Syria, but would not make a secret of the matter if it took such a decision, the TASS news agency reported Russia's daily Kommersant newspaper, citing unnamed military sources, reported earlier on Monday that Russia might start...

Oil falls after U.S. signal on Russia sanctions batters commods

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LONDON (Reuters) - Oil fell on Monday, as other raw materials came under pressure and after Iran's oil minister said there would be no need to extend a deal on supply restraint if crude prices rose further Industrial commodities sank after the United States hinted at sanctions relief for Russian aluminium producer Rusal if Oleg Deripaska cedes control of the firm, easing fears Washington might...

Netflix is raising another $1.5 billion in debt

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In the span of 20 years, Netflix has gone from a (super convenient) In the span of 20 years, Netflix has gone from a (super convenient) Blockbuster knockoff to one of the most powerful players in media Partially, that's credited to Netflix's technology, bringing streaming content to the mainstream Netflix continues that investment today with the announcement that it will raise another $15 billion...

Facebook face recognition error looks awkward ahead of GDPR

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A Facebook face recognition notification slip-up hints at how risky the company's approach to compliance with a tough new European data protection standard could turn out to be The wording was curious as the technology has been switched off in Europe since 2012, after regulatory pressure, and -- as part of changes related to its GDPR compliance strategy -- Facebook has also said it will be asking...

Oil dips as rising U.S. yields steer bulls

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"Underlying sentiment is bullish we've got an important decision from (US President Donald) Trump coming up in May and we have OPEC potentially trying to 'overtighten' the market," Saxo Bank senior manager Ole Hansen said "(Fund managers) need a continuous flow of bullish news for their position to be maintained and this week, it's not a matter of just watching the oil market" "Whether a break...

At war with Alibaba: Top brands fight China e-commerce giant

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As the Trump administration pushes China to play by fair trade rules, companies are caught in a quieter but no less crucial struggle for rules-based access to a $610 billion online marketplace, an AP investigation has found In a statement, Alibaba said pursuing exclusive deals is a common industry practice and called the charges of coercion "completely false" "We are winning over customers by...

Man fought gunman: He 'was going to have to work to kill me'

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Police are calling James Shaw Jr a hero for saving lives in the busy restaurant, but the 29-year-old Nashville resident said he only made a split-second decision to challenge the shooter and called it a "selfish" act to avoid being killed Shaw said at a news conference Sunday he had spent an evening out at a nightclub and entered the restaurant minutes ahead of the gunman Then, he said...

Tesla's problems are mounting — here's everything that has gone wrong so far this year (TSLA)

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Tesla has a history of proving its doubters wrong, but over the last few months, the automaker has faced a number of challenges From missed production targets to questions about its financial health, Tesla may be at an inflection point Whether Tesla can overcome recent challenges could determine whether 2018 sets the stage for another improbable triumph or raise serious questions about the...

The Latest: Sheriff: Suspect's firearms card was revoked

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(AP) — The Latest on shooting at Tennessee restaurant that left four dead (all times local): Police in Tennessee are searching for the 29-year-old Reinking, saying he's suspected of fatally shooting four people at a Nashville restaurant early Sunday The Metro Nashville Police Department says arrest warrants charging Reinking with murder have been issued Sheriff Robert Huston in Tazewell County...

Hillary Clinton, not on ballot, is star of GOP midterm plan

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With control of Congress up for grabs this fall, the GOP's most powerful players are preparing to spend big on plans to feature Clinton as a central villain in attack ads against vulnerable Democrats nationwide STOP LAMB," read pamphlets circulated during the special election in Pennsylvania earlier this year It's helpful, some Republicans say, that Clinton refuses to disappear from national...

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