Finance

Trump Demands Answers from Saudi Ally About Missing Writer

If either government seems to be in control of the investigation, Kaye said "it is not going to be seen as credible by significant portions of the global comm...


China orders more lending to entrepreneurs amid trade spat

The US is battling an exchange war with China which debilitates the viewpoint for Chinese assembling and fares. The Shanghai Composite lost 3.7% of its valu...


Economists Nordhaus, Romer awarded 2018 Nobel prize

Carbon taxes let producers pay for the costs of these releases. New York University (NYU) professor Paul Romer speaks at a news conference after being na...


Oil prices rise as Iranian crude exports fall

A vessel carrying 2 million barrels of Iranian oil was reported on Tuesday to have discharged the crude into a bonded storage tank at the port of Dalian in no...


International Monetary Fund says Pakistan has not asked it for a bailout so far

When the world´s two biggest economies - the United States and China - are "at odds", that is going to create "a situation where everyone is going to suffer", O...


International Monetary Fund cuts global growth forecasts

USA stimulus also adds to the "already-unsustainable" debt and deficit that will undercut future growth, the report warns. It called for a tightening of moneta...


Apple tells Congress it found no signs of hacking attack

Bloomberg said it stands by its reporting, even as the Department of Homeland Security and the UK's National Cyber Security Centre backed up Apple and Amazo...


Oil drops on expectations Iran will maintain some exports

Elsewhere, the second largest importer of Iranian oil , India, is planning to purchase 300kbpd of Iranian oil in November. Indian Oil Corp will lift 6 mi...


Crude oil stays steady with Iranian sanctions just a month away

Crude oil prices stayed steady Friday after a volatile week that saw the highest prices in four years. The Indian government "has conveyed to the Trump admin...


U.S. Employment Rises Much Less Than Expected In September

The goods-producing sector added 46,000 jobs in September, with construction employment increasing by 23,000, bringing its 2018 total to 214,000. Despite the ...


Business RBI keeps repo rate, reverse repo rate unchanged

The Indian central bank's intervention on Wednesday to calm down money markets proved short-lived in containing the fall of the rupee and its fallout on th...


Oil prices continue to surge

More fundamentally, oil markets have been pushed up by looming USA sanctions against Iran's oil industry, which at its most recent peak this year supplied n...


September jobs report shows unemployment hitting 49-year low

The rate remained unchanged in September at 62.7 percent of eligible workers in the workforce, down from a pre-recession rate of 66 percent . The low une...


Tesla Shares Fall After Elon Musk Mocks SEC on Twitter

Musk derided the SEC as the " Shortseller Enrichment Commission " before snidely praising it for "doing incredible work". Elon Musk is photographed in NY...


There are better days ahead - Theresa May declares end to austerity

David Gauke dismisses the prospect of a change in Conservative leadership, saying that the idea of changing the Prime Minister so far into Brexit negotiations...


Petrol, Diesel cheaper by Rs 5 from midnight

The central government on Thursday gave relief to masses from skyrocketing fuel prices and cut petrol and diesel rates by Rs 2.50 a litre with effect from m...


Toyota recalls 2.43 million cars globally

The firm in September said it was recalling more than one million hybrid cars globally after uncovering a technical problem that could cause fires. About 1.25...


Elon Musk mocks SEC just days after Tesla settlement

Weinberg Center for Corporate Governance at the University of DE, said of Musk's attack on the agency. "There's no real upside". He also reportedly demanded tha...


Pence Accuses China Of Undermining Trump Campaign

In his speech at the Hudson Institute on Thursday, Vice President Mike Pence laid out a series of what he described as China's "malign" activities - and all...


China says Pence's allegations of meddling created 'out of thin air'

In what was billed as a major policy address, Mr Pence sought to build on Mr Trump's speech at the United Nations last week in which he alleged that China was t...


Chinese Spies Infected Apple, Amazon Using Tiny Chips

In total, Bloomberg says, the hack - which United States officials have branded as "the most significant supply chain attack known to have been carried out ag...


Maharashtra government reduces fuel prices by Rs 2.50 per litre

He said the Kerala government wants the Centre to remove taxes on petrol and diesel that were imposed when the BJP-led government imposed in 2014 after coming...


Rupee falls below 73 for first time as crude approaches $85

In Intra-day trade, the rupee had crashed to its then all-time low of 73.42 per dollar yesterday. With the rupee plunging to a historic low, the government an...


Full Ohio Impact Of New NAFTA Deal Remains To Be Seen

Just hours before a USA -set deadline, the US and Canada reached an agreement on a rewrite of the North American Free Trade Agreement . Then it's likely to be ...


I told Saudi king he wouldn't last two weeks without U.S. support

While Trump failed to mention when the undiplomatic remarks were made to King Salman, it is known that the two leaders held a phone conversation on Saturday to ...


Oil Stays Flat as North American Trade Deal Reassures Investors

Both crude benchmarks closed almost 3% higher Monday, with the USA benchmark settling at a four-year closing high of $75.30 a barrel. WTI has risen around 18% s...


Jobs to be created at Tesco's new Jack's discount store in Chatteris

This chain, of which the first two stores will open to the public on Thursday in the centre and the north of England, is called "Jack's", after the name of the ...


Wage inflation on the agenda after Amazon gives workers a big raise

Amazon has almost 600,000 employees - many of them working in package warehouses, the company's chain of Whole Foods grocery stores and other places with large ...


Elon Musk’s SEC Deal Seen as Diminishing Threat of Criminal Probe

As part of a settlement agreed with the commission for that tweet, Elon was made to pay a penalty of $20 million as well as agreeing to step down as Tesla's c...


Responding to critics, Amazon raises its minimum wage to $15

The company also said it would press for a change to the USA minimum wage level. In the US, Senator Bernie Sanders has publicly accused the company of underpa...


Supply managed farmers to get compensation as a result of trade deal

Certainly those concerns remain, especially among those who feel, as many Trump supporters do in the USA, that big multilateral trade deals have disrupted and d...


Trump says USMCA doesn’t lift steel, aluminum tariffs

But by tomorrow, I would suspect they will change their tune, but that's okay because people know how good it is. The U.S. source said it appeared Canada woul...


Google's YouTube Said to Be Hosting Videos on 'How to Hack Facebook'

MPs have demanded that Mark Zuckerberg travels to the United Kingdom to face questions about his "terrible disrespect" for the data of citizens, following las...


GE CEO Flannery Ousted After Brief Tenure

In the press release , Mr. Culp said, "GE remains a fundamentally strong company with great businesses and tremendous talent". In a press release announcing th...


California net neutrality bill signed by Jerry Brown

State legislators began working on the bill when the Trump administration began to scale back net neutrality regulations previous year, with many Democrats ...


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