Finance

US slaps sanctions on Turkish officials over detaining of American pastor

Turkey vowed retaliation "without delay", warning it would harm relations between the two allies. A spokesman for Turkish President Recep Tayyip Erdoğan said...


Tesla Launches $1,500 Made-to-Order Surfboards

This isn't the first time that an Elon Musk founded organisation has released a rather interesting product that has very little to do with what that company a...


Pricier iPhones Lead Apple to Beat Earnings Expectations

During a conference call with analysts, Cook said the iPhone X was the most popular iPhone in the fiscal third quarter, gaining market share around the world....


Harley-Davidson Developing Motorcycles For Indian Roads

Harley Davidson motorcycles are displayed for sale at a showroom. "Our plan will redefine existing boundaries of our brand-reaching more customers in a way...


No, McDonald's Isn't Launching a Cryptocurrency, Despite What It Appears

That day would have been the 100th birthday of Jim Delligatti, the man who invented the Big Mac almost 50 years ago, McDonalds CEO, Steve Easterbrook told US...


Juncker deal has nothing to do with free trade: German MP

Analysts say they're becoming more convinced that Trump's multi-front trade fights aren't merely a short-term negotiating ploy. The result of the tariff w...


Stock shock unlikely to ruffle Zuckerberg's leadership in Facebook

Facebook CFO, David Wehner commented on the issue, saying: "Our total revenue growth rates will continue to decelerate in the second half of 2018, and we expe...


Will $12 billion emergency farm aid offset tariffs? Wisconsin farming industry reacts

Receive daily email alerts, subscriber notes & personalize your experience. "They have made concessions to President Trump ... to meet the president's deman...


Amazon Success with Subscriptions Impacts Unit Growth

But the company's good news on its bottom-line was tempered by the fact that it missed Wall Street's revenue expectations in the second quarter and projected ...


Trump's 'economic miracle' will leave us all paying the price

Analysts said that increase was due to stockpiling by Chinese importers before Beijing's retaliatory tariffs on United States goods hit in July, which means t...


Facebook Seeks to Open China Innovation Hub

In 2017, Facebook quietly paved a way into China by launching a photo and video sharing app titled "Colorful Balloons". However, the move meant the company wa...


Twitter's toxic avenging takes a toll on overall user counts

Chief Executive Jack Dorsey said in a statement that daily users grew 11 percent compared to a year ago, showing that addressing "problem behaviors" was turni...


Trump administration announces $12 billion 'bailout' for farmers

He has slapped taxes on imported steel and aluminium, saying they pose a threat to U.S. national security. Trump also touted the open markets he hoped to reac...


Trump holds off on planned European Union auto tariffs

After a meeting at the White House, Mr Trump and European Commission president Jean-Claude Juncker said the talks would also seek to "resolve" USA tariffs on ...


Facebook stock falls 24 percent following report of slow user growth

According to Forbes 2018 billionaire list, Mark Zuckerberg was the fifth wealthiest American in 2018 - with $71 billion net worth. Facebook's daily active...


Saudi Arabia Halts Oil Shipments Through Bab el-Mandeb

He said that the insistence of the government and the Arab Coalition on liberating Hodeidah from the Houthis' control emanates from their concern about the th...


SEC Sinks Bitcoin ETF Over Fears of Price Manipulation

Following the order, the bitcoin price dived about 4 percent to trade below United States dollars 8,000. The June proposal from BATS BZX Exchange to list an...


Zuckerberg loses more than US$15 billion in record Facebook fall

Investors have been anxious about the continuing brand damage the Cambridge Analytica data hacking scandal is taking on Facebook , a day after it revealed ...


U.S. President Trump says 'tariffs are the greatest'

He said the EU had agreed "almost immediately" begin buying more U.S. soybeans and that the European bloc had agreed to increase LNG exports from the U.S. T...


Apple will exclusively use Intel modems in 2018 iPhones

Unfortunately, a new report from an Apple insider with a great track record suggests this second new iPhone model could be in very short supply at launch, or ...


Here are your Tuesday $522M Mega Millions winning numbers

The lucky numbers were 01-02-04-19-29. Two tickets, sold in MA and Texas, are worth $3 million each because of the optional Megaplier. The jackpot will return...


Iran's Rohani: Trump's 'cheap remarks' not worth responding to

Iran's IRNA news agency reported on July 25 that, after Rohani mentioned "baseless comments" by "some USA leaders", he told a cabinet meeting "there is no need ...


Sterling adds to recent gains after May says to lead Brexit talks

Meanwhile, efforts to fix the European Union's relationship with the White House will see Jean-Claude Juncker meet Donald Trump in Washington for talks on the...


Facebook Stock Down 9% Following Q2 Revenue Miss, Slowing User Growth

Facebook generated revenue of $13.23 billion during the quarter ending June 30, compared to $9.32 billion during the same quarter past year. This company did...


USA and European Union agree to work towards lower trade barriers

How it will work: The plan, reportedly in the works for months, has three parts. The USDA also will buy the surplus of commodities that would otherwise hav...


Ex-Ferrari boss Sergio Marchionne dies aged 66

He went on to say that the company's board would not engage in a "rubber stamp process". Chinese demand slumped in the quarter ahead of a July cut in import d...


Trump Races Toward 25 Percent Tariff on Auto Imports

Trump will take his competitive approach on trade into a meeting Wednesday with European commission president Jean-Claude Juncker, who will come armed with p...


Trump administration plans $12 billion bailout for United States farmers hurt by tariffs

A Democratic House member, Jackie Speier, whose prosperous California district is known for its Brussels sprouts and grape production, wrote on Twitter: "OK @...


Trump Administration to Offer Multibillion-Dollar Bailout for US Farmers

Farmers have been a particular target in the current clash over trade policy as other countries seek to retaliate for Trump's duties on Chinese goods as well as...


Fiat Chrysler’s Sergio Marchionne dies after complictions from surgery

Selected as CEO of Fiat SpA in June 2004, Marchionne took the Italian manufacturer from the brink of bankruptcy to the New York Stock Exchange, where he rang th...


Trump Tweets: ‘Tariffs Are the Greatest’

Agricultural Committee Chairman Pat Roberts of Kansas says, "They would much prefer trade, rather than aid". With congressional elections coming soon, the gov...


Mega Millions jackpot hits $512 million; drawing tonight

Organizers said the $522-million-dollar prize is the fifth largest in Mega Millions history and the eleventh largest in U.S. Lottery history. For the other comb...


Iranian President Threatens U.S. With Mother Of All Wars

He said: "Iran has said very clearly that any war with them will be very costly, and this means American bases throughout the region could be a target". In Ma...


Shares surge at Google's Alphabet as it crushes forecasts

Google Chief Executive Sundar Pichai told analysts that investments in artificial intelligence software meant to better predict where to place ads are making ...


Japan urges caution over Trump's complaint on strong dollar

In another intervention, Trump accused China and the European Union of manipulating their currencies to gain a competitive edge over the US; in fact, the re...


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