Finance

Trump ready to set tariffs on all goods from China

President Donald Trump said on Friday that he has tariffs ready to go on a further US$267 billion worth of Chinese imports, as the world awaits his decision ...


Bitcoin and other cryptocurrencies suffer a sudden crash

The price of bitcoin , ripple, litecoin , ethereum and other cryptocurrencies are falling amid fears an increasing number of lenders and finance bodies are ...


Trump threatens to impose tariffs on all imports from China

The tariffs would potentially hurt USA companies that import everything from handbags to bicycle tires. The Trump administration is poised to impose 25% penal...


Mercedes readies first Tesla rival in US$12b attack plan

Zetsche said that he expects demand for battery-powered vehicles to eat into sales of conventional cars rather than lure new customers. It's bad. It's really ba...


South Africa in recession after land threat

According to the figures released by Stat SA , slow-paced activities in agriculture , forestry, fishing, and the transport industry significantly affected t...


Police In Minneapolis Say Chinese Billionaire's Arrest Was For Alleged Rape

He has since returned to China without being charged. Elder said the alleged attack reportedly occurred at 1am local time on Friday, and that Liu was taken int...


Friends prank McDonalds with poster kept up for 51 days

Maybe we can change that'. The duo had their photo taken outdoors at an event center in Houston posing as students while one held a large order of fries and...


Oil prices drop as storm threat eases on US Gulf coast

Yesterday, WTI ended the day slightly higher while Brent crude traded at highs last seen in July earlier this year. Britain, France, Germany, Russia and China ...


Boston's Ayanna Pressley follows trail blazed by Alexandria Ocasio-Cortez

Rep. Michael Capuano (D-Mass.) conceded to Pressley on Tuesday evening. A part of the wave of women of color breaking into traditionally white positions of ...


Amazon joins $1 trillion club, on pace to overtake Apple

Amazon is the second publicly traded US company to hit $1 trillion, following Apple, which crossed the $1 trillion market cap in August. Amazon has become t...


Amazon becomes second USA company to reach $1 trillion market value

The company's valuation has been teasing around the $1 trillion for a little while now, though all of that wait finally finished once the share price hit $2050....


Petrol price to rise by 5 cents

The excise duty has remained unchanged for the past four months but the Value-Added Tax applied on diesel today is Rs 10.12 per litre and that on petrol is Rs 1...


8.2% GDP signals steady growth: DEA secretary

The growth of 13.5 per cent in the manufacturing sector in the first quarter was driven mainly by consumption and government spending. The agriculture sector ...


Argentina spikes key interest rate as its currency plunges

The peso fell more than 13 percent against the dollar on Thursday, closing at an all-time low of 39.2 per greenback, after slipping about 7 percent the day befo...


US Prez threatens to pull US out of WTO

In the same interview, Trump labelled the EU's trade policies as "almost as bad as China ", and spurned a potential deal negotiated in July that would see the ...


Toomey: US-Mexico Deal Needs Canada On Board For 'Fast Track' Option

But the TPA also says the final text of the deal doesn't have to be released until 60 days before signing. The Canadian official said Wednesday that they were...


Trump cancels planned January pay increase for civilian federal workers

Trump addressed the decision to forgo the pay increase in a letter to House and Senate leaders on Thursday, saying, "We must maintain efforts to put our Natio...


Coca-Cola Buys Costa Coffee in a £3.9 Billion Deal

At the time, it had 39 shops. Whitbread said it will now focus on value hotel chain Premier Inn. But Coca-Cola will face a fight, as rivals are also bulki...


TPG Telecom, Vodafone Hutchison Australia merge to battle Singtel's Optus, Telstra

The merger will join both their fixed broadband and mobile services, with TPG Australia's second largest fixed line residential subscriber base of over 1.9 mill...


Elon Musk Revives Thailand Diver "Pedo" Controversy With New Tweets

Elon Musk's freakish Twitter feud with a rescue diver in Thailand may soon land him in court. Bet he can expect that lawsuit this time . It's unclear if M...


99.3 per cent of demonetised currency returned to banks: RBI

Almost 2 years after demonetisation , the Reserve Bank of India (RBI) on Wednesday, in its 2017-18 annual report said that 99.3 percent of banned notes were re...


Canada rejoins talks to stay in NAFTA, deal possible this week

That could be big news for USA property developers. Talks to overhaul the agreement began a year ago and have proven contentious. President Trump has been...


Wall Street surges on US-Mexico trade deal to replace NAFTA

Mr. Lopez Obrador called for a three-way trade deal, saying "it's important that Canada also be included". "It has a bad connotation because the United States...


US, Mexico reach trade "understanding", Trump threatens to cut out Canada

The American Petroleum Institute (API) said Monday that the industry relies on open trade and modernized relationship with Mexico. US automakers have oppose...


Will Continue To Work For New NAFTA Deal: Canada

In announcing the tentative accord Monday at the White House, Trump said a new pact would be called "the United States-Mexico Trade Agreement ". "The knuck...


Toyota to reportedly invest $500 million in Uber

The deal is a sign that Uber no longer wants to go it alone in creating an autonomous driving system since one of its test vehicles struck and killed a pedestri...


U.S., Mexico reach NAFTA deal; talks with Canada to start immediately

Once a U.S. -Mexico agreement is reached, Canada is expected to rejoin the negotiation. Trump said the call was held to "celebrate the understanding" the ...


Ryanair changes bag policy

A year ago the budget airline announced that 10kg hand luggage would have to be placed in the hold - although at that time it was free of charge. However this...


'Multiple fatalities' in Florida shooting

Williams declined to discuss the shooter's possible motive, citing the ongoing investigation. According to reports , multiple people are dead, including one su...


Fed to continue further, gradual rate hikes: Chair

The Pound-to-Dollar rate was 0.38% higher at 1.2857 and the Euro-to-Dollar rate was 0.61% higher at 1.1611. Meanwhile their trade war escalated with activat...


Verizon will finally offer a true unlimited plan with no speed caps

Firefighters conduct a controlled burn to defend houses against flames from the Ranch Fire, part of the Mendocino Complex Fire , as it continues to spreads tow...


Trump executive granted immunity in Cohen inquiry

According to Sherman's sources, Pecker has essentially corroborated former Trump "fixer" Michael Cohen's account that the president directed him to make illeg...


Oil Prices Go Up Before Supply Data

In its report obtained by Vanguard , yesterday, the American Petroleum Institute stated that United States crude stocks fell last week by 5.2 million barrels. ...


Markets Right Now: Banks, energy stocks pull indexes lower

The latest bull run surpasses the last record-breaking bull market of the 1990s that ended in the dot-com collapse in 2000, according to the Associated Pr...


Scott Morrison to be Australian PM as Malcolm Turnbull ousted

Morrison, who was treasurer under outgoing prime minister Malcolm Turnbull , emerged the surprise victor in a three-way challenge for the leadership of the Lib...


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