Finance

China warns citizens about 'risks' of visiting Canada amid escalating tensions

It warned Chinese citizens to fully evaluate risks and exercise caution when traveling to the country, given Canada's recent " arbitrary detention" of a Chin...


Auto show kicks off in Detroit with vehicle debuts

After hundreds of hours of test drives, research and evaluation by independent jurors, the Genesis G70, Hyundai Kona/Kona EV and Ram 1500 were revealed as the w...


White House re-evaluates economic effect of government shutdown

And there is every indication it will drag on. The longest such shutdown in U.S. history dragged into its 26th day Wednesday with neither President Donald Tru...


Trump Waves Off Ocasio-Cortez Question: ‘Who Cares? Geez’

When Cooper directly asked her if she believed Trump "is a racist", she replied, "Yeah". "I don't think it's surprising", Ocasio-Cortez said of the poll resu...


As shutdown drags on, Trump tries to reassure farmers feeling burned

What can I do? "See you in a little while", Trump said in the since-deleted tweet. CORRECTION: An earlier version of this story mislabeled the amount of mon...


Corbyn tables confidence motion as May’s deal suffers historic defeat

May has increasingly warned that the choice is between her deal and a no-deal Brexit , with traders on the website now suggesting that the chance of the United...


China's export fall in December amid ongoing US-China trade war

China's trade surplus with the USA hit a record a year ago, as robust American demand for Chinese goods undercut the Trump administration's tariff offensive ai...


Absences among United States airport screeners jump as shutdown drags on

A representative for the Atlanta airport did not immediately respond to a request for comment on Monday. The shutdown has entered its fourth week with no end ...


This is Cadillac’s first fully electric vehicle

On the heels of its announcement of the 2020 XT6 three-row crossover with 3.6L V-6 engine with cylinder deactivation and nine-speed automatic transmission, Cad...


China's trade gap with U.S. hits record $323 billion

Exports rose 7.1 percent year on year to 16.42 trillion yuan last year, while imports grew 12.9 percent to 14.09 trillion yuan, resulting in a trade surplus of ...


California’s Largest Utility Plans Bankruptcy As CEO Makes For The Exit

PT. Analysts said PG&E's wildfire liabilities could be as as high as $ 30 billion , if the company is found responsible. The cause of the fire, which gr...


Ford To Slash Thousands Of Jobs In Major Shake-Up Of European Operations

Mr Armstrong said Ford was making "tough" decisions by undertaking a "complete review" of its European operations . Shares of Ford dropped more than 2% to $8...


Lenovo takes top spot in PC market

The ongoing tussle between the USA and China isn't just impacting the growth of iPhone models but also adversely affecting PC shipments globally in the fourth q...


AT&T will sever ties with location aggregators as well

Last time around, FCC boss Ajit Pai refused to investigate the matter, and while there has been no response from Pai on the renewed calls for an investigat...


Ghosn indicted on two new charges

Ghosn was the overlord of an alliance that included Nissan Motor, Mitsubishi Motors and France's Renault, until his surprise November arrest and removal as ...


FDA Food Inspections Reduced By Government Shutdown

Gottlieb is trying to bring back about 150 inspectors as soon as possible, hopefully next week, to inspect high-risk facilities, such as those that process sof...


Miami airport terminal closing early as screeners call in sick

Rep. Donna Shalala, newly elected to a Miami district, cited the planned closing of a Pizza Hut in MIA's Terminal G Saturday afternoon as one of the ripple effe...


Saudi Aramco plans first global bonds in Q219

The kingdom also announced Wednesday that its huge oil reserves, already the second largest in the world behind only Venezuela, are even bigger than previously ...


Asian shares rally on hopes for China-US trade breakthrough

She said Wednesday that the timing was unclear but the two sides "are moving towards a more balanced and reciprocal trade agreement with China". This week's...


China offers Elon Musk permanent residency

Both Musk and the company agreed to pay $20 million in penalties and promoted Tesla to add Ellison and human resources specialist Kathleen Wilson-Thompson ...


IPhone 11 will have triple camera, XR successor will have dual

The company has had a troubling 2018 because of the dwindling iPhone sales in China and other markets. "What we want from Apple is something that makes us emo...


Fiat Chrysler agrees to USA diesel-emissions settlement worth $800M US

The settlement comes nearly exactly two years since regulators first accused Fiat Chrysler of cheating on the tests . It covers 104,000 Fiat Chrysler diese...


GM rejects Unifor's proposals to keep Oshawa plant open past 2019

GM stunned the North American auto industry in late November when it announced a major restructuring plan that will see up to 14,000 workers in North America...


Fed chair Jerome Powell to speak on market concerns Thursday

Powell pointed out that the USA may be more vulnerable to a slowdown in global growth because of the rise on globalized business and supply chains. The Fed ch...


US, China trade negotiations positive as Beijing meetings continue

For its part, China said the meetings were " extensive, in-depth and detailed", and laid the foundation for a resolution of the conflict. China and the USA wr...


Rare 1943 copper coin could fetch a pretty penny in auction

The young coin collector made a decision to keep the cent in his collection for more than 70 years, until he died in September. In 1947, MA teenager Don Lut...


China Trade Talks End on Note of Cautious Optimism

China's Ministry of Commerce said there were "detailed exchanges" and both sides would "maintain close contact", without offering specifics. Washington wants ...


China trade talks conclude as hopes of deal build

US SHUTDOWN: President Donald Trump's televised address Tuesday night helped soothe frazzled nerves over what steps he might take in the standoff with lawmake...


Oil Price And The Global Economy In 2019

Global equity markets are entering the New Year in the doldrums and are spooking traders and investors alike, closely mirroring the decline in manufacturing gro...


China lodges 'stern' protest over United States warship sailing through South China Sea

The talks are going ahead despite tensions over the arrest of a Chinese tech executive in Canada on US charges related to possible violations of trade sanctions...


Sears has reached a final hour deal to stay in business

A bankruptcy judge is giving Sears Chairman Eddie Lampert another chance to buy the department store chain out of bankruptcy and save roughly 55,000 jobs. The...


Samsung Warns of Profit Decline Due to Lower Demand for Memory

But the final quarter saw the smartphone maker miss analysts' expectations and brought its first quarterly decline in profits in two years. Samsung , in a r...


Hyundai Elevate Is the Closest We've Gotten to Transformers

Elevate is an electric vehicle with robotic legs, which can be used both to drive and to walk. This gives the Elevate omni-directional mobility capabilities and...


Drone sighting halts departures at Heathrow Airport in London

ITV reporter Sarah Rodgers was among those now grounded at Heathrow. "We apologies to passengers for any inconvenience this may cause". In a separate consult...


Tesla breaks ground on China factory for Model 3 and Model Y

Construction has officially begun on Tesla's new massive manufacturing plant on the outskirts of Shanghai , which, in the not too distant future, hopes to turn...


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