Finance

Turkey willing to talk with United States as equals over tariffs and pastor

The move comes after US President Donald Trump announced last week that the United States was doubling steel and aluminium tariffs on Turkey, as the two North...


China Freezes Game Regulations, Throwing World's Biggest Gaming Market Into Chaos

Riot Games relationship with its parent company Tencent has reportedly been strained over declining profits and mobile games, according to a report by The In...


Turkey doubles tariffs on some US imports; lira rallies

Erdogan signed a decree on August 15 that raises tariffs on American cars to 120 percent, on alcoholic drinks to 140 percent, and on leaf tobacco to 60 percen...


London house prices continue to fall

Based on Consumer Price Index (CPI), inflation for June has also been revised downwards to 4.92 per cent from the earlier estimate of 5 per cent , as per the...


Turkey doubles tariffs on some U.S. imports over economy "attacks"

Sanders' statements are particularly significant because, with the crisis in relations between the two North Atlantic Treaty Organisation allies, the White Hou...


Turkish Court Rejects Appeal to Free Detained U.S. Pastor

The same day, the country's government announced that it would hit USA imports with a new round of tariffs . Pekcan said, according to the report , "the U...


Erdogan says Turkey will boycott US electronics, lira steadies

Tariffs have also been increased on goods such as cosmetics, rice and coal. Explaining the new tariffs , Turkish Vice-President Fuat Oktay said the rises ...


Oil falls on USA stocks rise, weaker economic outlook

Earlier, there were concerns about supply shortage as an outcome of Trump's sanctions on Iran and war of words which led to oil prices marking a sweeping move t...


President Erdogan says Turkey to boycott United States electronic goods

In retaliation for these sanctions and tariffs , Erdogan announced on Monday that his country would be boycotting USA electronics. "We are going to boycott U...


World equities slip on Turkey currency woes

The dispute between the North Atlantic Treaty Organisation allies - brought to a new intensity by Turkey's holding of an American pastor for two years - has r...


Tesla directors: 'No formal proposal' to take company private

Meanwhile, Banks' Instagram stories from last night continued to rail on the couple, calling Musk both a "mutant" and a "caveman" with "pork skin" and adding th...


Erdogan says Turkey to 'boycott' US electronic goods

Traders said news that Finance Minister Berat Albayrak will hold a conference call with up to 1,000 investors to discuss the economy might also have helpe...


Authorities say firefighter killed battling Northern California

It blew past the previous record set by last December's Thomas Fire near Santa Barbara, exceeding it now by about 14,000 acres. A mechanic helping to fight t...


Rupee fall due to external factors: Government

A weak trend in Asia coupled with sell-offs on Wall Street last week and a slump in the Turkish lira dampened the sentiment globally, brokers said. An ET po...


Turkish economy is solid, strong: President Erdogan

The announcement came in his address to a symposium organized by the Foundation for Political, Economic and Social Research (SETA) on the 17th foundation annive...


Tesla CEO Musk accused of defrauding shareholders, sued by investors

In one of the lawsuits, the plaintiff Kalman Isaacs said Musk's tweets were false and misleading, and together with Tesla's failure to correct them amounted to ...


Saudi Arabia May Back Tesla’s $420-per-Share Buyout

While Tesla CEO Elon Musk teased last week about taking the company private, several suitors may have already been courting the electric auto giant months...


Turkey takes action in bid to curb currency crisis

Tax rules would be implemented if necessary, he said, but the government had no plans to seize foreign currency deposits or convert deposits to the Turkish li...


Seattle Man Dead After Stealing and Crashing Plane, Investigation Underway

Planes sit on the tarmac at Sea-Tac International Airport after service was halted after an Alaska Airlines plane was stolen Friday, Aug. 10, 2018, in Wash. A...


S&P 500, Dow end lower with energy, financials; Tesla falls

USA stocks closed mixed on Thursday as investors digested a batch of key economic data and corporate earnings reports. The TSX's energy group rose 0.22 poin...


Turkey is a 'target of economic war', says Erdogan

Trump's tweet caused a further drop in the Turkish currency, which is now down 13 percent on the day. US President Donald Trump on Friday said he has author...


'Suicidal Male' Steals Plane And Crashes After 'Unauthorized Takeoff' From Sea-Tac

While in the air, Russell joked for almost 20 minutes with the air traffic control agent, but admitted he had "a few screws loose" and called himself "just a br...


Tesla shares fall 5 percent on Wall Street skepticism, SEC probe reports

Regulators have asked the company if what Musk tweeted was factual and why such a disclosure was made via social media rather than in a filing, according to th...


China Paper Rebuts Trade War Criticism, Says "An Elephant Can't Hide"

The list is heavy on industrial products such as steam turbines and iron girders. "ISRI is already hearing from contacts in China that the announcement has ...


SEC Delays ETF Ruling Until September

The agency previously denied an attempt to list the ETF in March 2017. An SEC decision on VanEck/SolidX is due out September 30. Later on July 2, published ...


Monsanto fined $289m in first Roundup cancer trial outcome

A Californian jury ruled that Monsanto knew its Roundup and Rangerpro weedkillers contained harmful glyphosates that are unsafe to the public - and had failed...


Dutch Ryanair pilots plan Friday strike as carrier takes union to court

Anyone whose flight is expected to be disrupted will receive an email or SMS text advising them of the news, Ryanair said , with the status of individual fligh...


Turkish lira plunges as Trump hits Ankara with increased tariffs

The United States is the biggest destination for Turkish steel exports with 11% of the Turkish export volume. This is double the level the president imposed...


Turkey currency crashes as Trump doubles metals tariffs

Bank shares across Europe fell and the euro slipped to its lowest since July 2017 as the Financial Times quoted sources as saying the European Central Bank was ...


USA justification for sanctions 'far-fetched' - Russian Federation

It's a benefit, they argue, of policies put in place amid a raft of Western sanctions imposed over Russian actions in Ukraine and alleged interference in th...


New York City Council votes to limit number of Uber, Lyft vehicles

The New York City Council on Wednesday agreed to cap the number of licenses for ride-hailing services such as Uber Technologies Inc for one year, dealing a b...


China to impose additional tariffs on $16B worth of USA goods

The Chinese Ministry of Commerce announced a 25 percent charge on $16 billion worth of USA goods including coal, grease, Vaseline, asphalt and plastic product...


Snapchat Loses 3 Million Daily Users, But Posts Q2 Earnings Beat

Offering more ways for advertisers to purchase ads has boosted revenue this year by drawing small brands looking for cheap commercial time. Users spend an avera...


Oil rises after OPEC sources say Saudi crude output fell

Total volume traded was about 48 per cent below the 100-day average. The crude oil imports maintained the same levels during the last two weeks. As the U....


Tesla shares dip after Elon Musk proposes going private

Elon Musk is betting that a privately held Tesla Inc. would free his company of distracting scrutiny. Is $420 high enough of a price to take Tesla private?...


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