Hector Barrios

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U.S. dollar hits nine-month high against euro on strong housing data | Reuters

NEW YORK (Reuters) - The U.S. dollar hit nine-month highs against the euro and rose against a basket of major currencies on Tuesday after strong U.S. housing data bolstered expectations for an earlier-than-expected rate hike from the Federal Reserve.<p>Arrangement of various world currencies including …

FIFA Has Figured Out That Building Tons Of World Cup Stadiums Is A Huge Waste

In Russia's initial World Cup bid in 2010, organizers planned to build and renovate 16 stadiums at a cost of $3.3 billion. That number was later reduced to 12. Now, four years before the tournament, FIFA has recommended that only 10 stadiums be built.<p>Qatar is also reviewing its 2022 World Cup …

Russia may respond to sanctions by banning car imports

The Iron Curtain may be lowering on Russia again, at least when it comes to the country's auto industry. The government there is reportedly considering a ban on imported cars as a response if the West puts more sanctions in place. However, even if the restrictions materialize, domestically built …

The world's most expensive penthouse – which comes complete with a slide

Tour Odeon, which houses the 35,000 square foot penthouse, will be the first new skyscraper to be built in Monaco since the 1980s<p>It’s already the destination of choice for anyone seeking luxury, extravagance and glamour.<p>With its palm tree-lined boulevards and clear blue Mediterranean waters, the …

Why India is struggling to attract tourists

<b>Being a tourist in India isn't always easy - the streets can be noisy and chaotic. But many come here looking for this colour and rich culture.</b><p>With three Unesco World Heritage sites in Delhi - the tomb of the Mughal emperor Humayun, the Qutab Minar, and the Red Fort - the capital is the first stop …

India

Islanders announce sale of minority stake of club

UNIONDALE, N.Y. (AP) — The New York Islanders are selling a minority stake of the team, with a former Washington Capitals co-owner and a London-based …

Why Aeropostale's Desperate CEO Hire Won't Save Teen Retailer

On Monday, teen clothing chain Aeropostale made what seems like a last-ditch attempt to turn around its declining sales and sinking stock.<p>The retailer fired CEO Thomas Johnson and announced the return of former CEO Julian Geiger, who ran Aeropostale from 1996 to 2010.<p>Geiger’s more recent gig wasn’t …

Audi video with Breaking Bad, Veep stars for Emmys

Audi of America is back for a fourth year as the official car sponsor for TV's Emmy Awards and today posted a hilarious video with three Emmy winners to promote the show and its sponsorship.<p>In the video, Bryan Cranston and Aaron Paul ("Breaking Bad") have a new business -- Barely Legal Pawn -- and …

Japan exports growth fuels recovery hopes

<b>Japanese exports showed a surprise rise in July, reigniting hopes of growth for the world's third largest economy.</b><p>Exports rose 3.9% when compared to one year ago, helped by higher shipments of cars and electric machinery. It is the first increase in three months.<p>Imports rose 2.3% in the same month, …

Exports

Rebels Inside The Bank Of England Are Fighting Mark Carney's Low Interest Rate Regime

That's a bigger split than expected. Analysts expected an 8-1 split in favor of keeping rates at their current low level, according to The Guardian.<p>The split is the first to appear in the BofE since 2011, The Guardian added.<p>The minutes of the BofE's latest MPC meeting seem to be hinting that the …

Why is UK self-employment at a record high?

About 15% of those working in the UK in 2014 are self-employed - the highest proportion in the four decades that data has been collected on the subject.<p>As well as these 4.6m people, there were also an extra 356,000 who had a second job in which they were self-employed according to a release by the …

U.S. dollar gains after Fed minutes suggest hawkish tilt | Reuters

NEW YORK (Reuters) - The U.S. dollar hit fresh multi-month highs against a basket of major currencies on Wednesday after minutes from the Federal Reserve’s July policy meeting signaled the potential for an earlier-than-expected hike in interest rates.<p>A money changer sells U.S. dollars to a customer …

Dubai's Nakheel to pay $2.1 billion in debt early

DUBAI, United Arab Emirates (AP) — Dubai's developer Nakheel behind the famed man-made palm-shaped islands said Wednesday it is repaying 7.9 billion …

U.K. bank hit with $300 million New York fine

Standard Chartered Bank will pay $300 million for not meeting the terms of a money laundering settlement with the state of New York.<p>Besides the payment, the British bank has to suspend the flow of currency between its New York and Hong Kong branches, and exit "high-risk" client relationships in …

Officers find field with $1 million in marijuana plants

HOUSTON — A large field of marijuana was discovered in Fort Bend County Tuesday morning.<p>A tip to undercover officers led them to the field that spreads across several acres off Highway 6 near the Sugar Land Regional Airport.<p>"Helicopters have been flying over since 9 this morning," said Roxie …