Finance

Walmart will stop selling e-cigarettes as backlash spreads

Walmart Inc WMT .N told staff on Friday it will stop selling e-cigarettes and electronic nicotine delivery products at its US stores, amid a growing crackdown ...


Wall Street drops after China cancels visit to Montana farmland

Federal Reserve policymaker James Bullard said Friday he dissented from this week's vote on interest rates because he wanted to see a bigger rate cut as "insura...


Mitsubishi Corp Singapore-based unit loses US$320m in unauthorised trades

The trader, hired in November 2018 to handle oil business with China, "repeatedly" engaged in the unauthorized deals since January, disguising them to "look lik...


Trump Exempts Plastic Straws From His Sucky Tariffs

President Trump is famous for a blunt economic decision, and so far even though his decision made controversies overall, the country benefited from it. Trump ...


Almost 700 workers temporarily laid off at St. Catharines GM plant

The current production stoppage does not affect the transition plans, Wright said. The UAW says it will continue negotiations with GM into the weekend and bey...


Trump announces new United States sanctions on Iran central bank

Among the debris was what was said to be a delta wing of an Iranian unmanned aerial vehicle. Colonel Malki said 18 UAVs had been fired at the Abqaiq oil fac...


Yemen's Houthis say will stop all attacks on Saudi Arabia

Tensions have mounted in the Persian Gulf region since Trump's decision a year ago to abandon the 2015 nuclear deal the USA forged with Iran, alongside China,...


India cuts corporate taxes to boost manufacturing and revive growth

Starting from the current fiscal year, any domestic company has the "option to pay income tax at the rate of 22 per cent" as long they do not seek any special t...


Scenes of destruction at Saudi oil plant hit by attacks

Earlier, media reports referred to unidentified drones hovering over Al-Bukamal and surrounding areas controlled by Iranian forces and its allies in eastern...


India slashes corporate taxes in multibillion-dollar growth bid

The effective tax rate for these companies shall be 25.17 % inclusive of all surcharge and cess, " Sitharaman said. Sharing similar views, Ficci said that the...


Roku Premiere makes its United Kingdom debut, along with new streaming stick designs

The Express and Ultra are available to pre-order today. I went hands-on with the new Express and Ultra at a private press demo in New York City, and the Expre...


Saudi oil firm Aramco could delay IPO after attacks

Aramco's primary listing will be on Tadawul, the local stock market, in Riyadh, but the government is still considering a secondary listing overseas, he said. E...


Chinese, other foreign investors to face tighter scrutiny in US

However, the two sides have called a bit of a ceasefire and will hold talks beginning this week in Washington to try and iron out a new trade deal. Preside...


Fed officials split on interest rate path

But Fed policymakers have been divided on just how much preventive medicine is warranted when the USA economy is still expanding at a healthy clip. Kerstin Br...


USA issues visas for Iran's Rouhani, Zarif to travel to UNGA

Iran has insisted the attack on a Saudi oil field and refinery was launched from Yemen by Houthi rebels, who have claimed responsibility. "While the forei...


Mass. Gas Prices Continue to Fall Midway Through September

Mac says oil prices have the biggest effect on gas prices and now there is a unique situation underway. In the mean time, the normal cost for customary gas in...


EU warns no-deal Brexit imminent if UK doesn't get serious

An attorney for victims of sexual abuse by clergy says the Roman Catholic Archdiocese of Chicago has paid $80m in settlements to his clients since 2001. And he ...


Apple says US$14b EU tax order 'defies reality and common sense'

Apple's delegation was led by Chief Financial Officer Luca Maestri. He claimed Apple pays on average 26% tax globally, and is now paying approximately $22 bi...


EU's $14 billion tax sanction 'defies reality, common sense'- Apple

Mr Beard stated that: "The commission contends that essentially all of Apple's profits from all of its sales outside of the Americas must be attributed to two...


National Cheeseburger Day 2019: Best deals, discounts, freebies for today

Forget Christmas Day or New Year's Eve - International Cheeseburger Day is the celebration we can get behind the most in life. Applebee's: Participating l...


California man is 7th death linked to vaping-related lung illnesses

No consistent e-cigarette or vaping product, substance, or additive has been identified in all cases, nor has any one product or substance been conclusively l...


Iran warns of ‘immediate response’ to any U.S. action over Saudi attack

An already-tense relationship between Iran and the United States has worsened over the past year, when Trump withdrew the United States from the nuclear pact ...


US Federal Reserve cuts interest rates for second time

Cash available to banks for their short-term funding needs all but dried up this week, and interest rates in USA money markets shot up to as high as 10% for som...


Federal Reserve expected to cut interest rates

There is evidence things are calming down. "I think it's always concerning if the Federal Reserve can't control the federal funds rate", Kathy Bostjancic, O...


Iran officially warns US against accusations of attack on Saudi Aramco

But Tehran again denied involvement in Saturday's attacks on oil plants, including the world's biggest crude processing facility, that initially knocked out h...


Trump Approves Release Of Oil From US Reserves After Saudi Aramco Attack

Saudi Arabia's national oil company, Aramco, said it will cut oil production by about 5.7 million barrels per day, or almost 50 percent, after drones hit the k...


IN workers concerned about uncertainty of General Motors strike

Sunday night after the union and General Motors failed to reach a new labor agreement ahead of Sunday's midnight deadline, UAW vice president Terry Dittes ...


Kremlin Warns Against 'Hasty Conclusions' Over Attacks in Saudi Arabia

Oil prices surged on Monday after drone attacks on crude facilities in Saudi Arabia . "This attack has material implications for the oil market", said Alan G...


Oil prices soar 10% after attack on Saudi facilities hits global supply

Brent soared nearly 20 percent at one point on Monday, while WTI surged around 15 percent before paring the gains. "There is reason to believe that we know the ...


Saudi drone attack ups tensions in region

Aramco gave no timeline for output resumption but said early Sunday it would give a progress update in around 48 hours. Trump claimed on Sunday he was " lo...


Iraq Rejects Reports Its Territory Used in Attacks on Saudi

Locsin gave the statement after strikes hit Saudi Arabia , at Saudi Aramco's oil processing facilities in Abqaiq, as well as their oil field in Khurai. "The Un...


GM recalling 3.5 million U.S. vehicles due to braking issue

According to GM , as the pump in power-assisted brakes age, they may put out less power than needed, increasing stopping distance and the risk of a crash. The r...


OPEC members Iraq, Nigeria agree to cut oil output

OPEC on Wednesday cut its forecast for growth in world oil demand in 2020 and indicated the market would be in surplus. The calls from Saudi and Russian en...


Tesla claims record at Laguna Seca in modified Model S

This is a full second faster than the 1:37.54 lap record set past year by Jaguar XE SV Project 8 , which would indeed make the Tesla the fastest four-door seda...


U.S. stock futures climb as Trump delays some tariffs

The gesture buoyed USA investor confidence, as futures jumped noticeably following Trump's tweet . The move came after Beijing earlier in the day announced p...


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