Finance

Iran officially warns US against accusations of attack on Saudi Aramco

But Tehran again denied involvement in Saturday's attacks on oil plants, including the world's biggest crude processing facility, that initially knocked out h...


Trump Approves Release Of Oil From US Reserves After Saudi Aramco Attack

Saudi Arabia's national oil company, Aramco, said it will cut oil production by about 5.7 million barrels per day, or almost 50 percent, after drones hit the k...


IN workers concerned about uncertainty of General Motors strike

Sunday night after the union and General Motors failed to reach a new labor agreement ahead of Sunday's midnight deadline, UAW vice president Terry Dittes ...


Kremlin Warns Against 'Hasty Conclusions' Over Attacks in Saudi Arabia

Oil prices surged on Monday after drone attacks on crude facilities in Saudi Arabia . "This attack has material implications for the oil market", said Alan G...


Oil prices soar 10% after attack on Saudi facilities hits global supply

Brent soared nearly 20 percent at one point on Monday, while WTI surged around 15 percent before paring the gains. "There is reason to believe that we know the ...


Saudi drone attack ups tensions in region

Aramco gave no timeline for output resumption but said early Sunday it would give a progress update in around 48 hours. Trump claimed on Sunday he was " lo...


Iraq Rejects Reports Its Territory Used in Attacks on Saudi

Locsin gave the statement after strikes hit Saudi Arabia , at Saudi Aramco's oil processing facilities in Abqaiq, as well as their oil field in Khurai. "The Un...


GM recalling 3.5 million U.S. vehicles due to braking issue

According to GM , as the pump in power-assisted brakes age, they may put out less power than needed, increasing stopping distance and the risk of a crash. The r...


OPEC members Iraq, Nigeria agree to cut oil output

OPEC on Wednesday cut its forecast for growth in world oil demand in 2020 and indicated the market would be in surplus. The calls from Saudi and Russian en...


Tesla claims record at Laguna Seca in modified Model S

This is a full second faster than the 1:37.54 lap record set past year by Jaguar XE SV Project 8 , which would indeed make the Tesla the fastest four-door seda...


U.S. stock futures climb as Trump delays some tariffs

The gesture buoyed USA investor confidence, as futures jumped noticeably following Trump's tweet . The move came after Beijing earlier in the day announced p...


Oil rises as new Saudi minister commits to output cuts

The prince was in Abu Dhabi to attend the World Energy Congress, followed by a meeting on Thursday of the Joint Ministerial Monitoring Committee (JMMC) of the...


Intel: Bolton ouster leaves uncertain future for Iran policy

Legacy: While Bolton influenced a shift toward using financial and military pressure around the globe at the National Security Council, former administration o...


China Starts Tariff Exemptions, Keeps Pressure on U.S. Farms

Other categories that will become exempt include alfalfa pellets, fish feed, medical linear accelerators and mould release agents. Today's exemptions apply to...


Hong Kong exchange makes £29.6bn bid for London Stock Exchange

At 1205 BST, LSE shares had come off their highs, up 3.9% at 7,068p, having surged to as much as 7,922p when the news first came out, as analysts questioned the...


Wendy's to launch breakfast nationwide in 2020

Wendy's plans to hire about 20,000 U.S. employees for the initiative, the company said Monday . Expanding breakfast to almost 6,000 stores nationwide will i...


Softbank urges WeWork to shelve IPO over valuation worries:The Asahi Shimbun

SoftBank and its Saudi-backed Imaginative and prescient Fund have invested greater than $10 billion in WeWork . But on Tuesday, CNBC reported that WeWork me...


Trump fires John Bolton, will name new national security adviser next week

Trump announced the firing of Bolton on Twitter on Tuesday afternoon; soon after, Bolton tweeted a rebuke, saying that he had offered to resign on Monday ...


New Saudi energy minister urges producers to share burden

It was the first time the company has published half-year financial results and comes after Aramco opened its secretive accounts for the first time in April, re...


CANADA: August saw surge in youth employment

There were also smaller increases seen in Manitoba, New Brunswick and Saskatchewan. The local job market continues to shatter records, with the jobless rate...


Bugatti Chiron Super Sport 300 confirmed

Less than a week ago, Bugatti made headlines by breaking the 300-mph barrier in a longtail prototype version of the Chiron hypercar. At the same time, air o...


States Led by Texas Target Google in New Antitrust Probe

Paxton said the probe's initial focus is online advertising. As of the last reporting period, Google's Gmail alone had more than 1 billion users . "Big T...


Donald Trump's 'Volfefe' tweets move US markets, impact rates, says JPMorgan

The bank also highlighted Trump's tweeting volume with 10 tweets per day since the start of 2016, including 10,000 post-auguration in 2017, with the figure pe...


UK's Johnson attacks opposition for blocking election

Johnson remained determined to secure an election after lawmakers on Wednesday rejected his attempt to trigger a snap poll. His office said he would argue in a ...


Boris Johnson reels from brother’s resignation as party ‘looks awful and intolerant’

His brother, Jo Johnson , dramatically quit the government Thursday, saying he could no longer endure the conflict "between family loyalty and the national int...


Hong Kong leader withdraws loathed extradition bill

The legislation, if passed, would have allowed suspects to be sent to mainland China to face trial there, and this led to massive protests . As Beijing and t...


August Manufacturing ISM Report on Business; PMI at 49.1%

Economist Carl Riccadonna . Manufacturers today are anxious about a contraction in new export orders and to the cost of moving manufacturing out of China to...


UK: PM suffers defeat in crucial Commons vote

Brexit is facing a crucial few days as lawmakers challenge Prime Minister Boris Johnson's insistence that the United Kingdom will leave the European Union on...


The US Stocks Rally On Friday As Well, Following Thursday's Trail

The Hang Seng Index eased 0.31 per cent, or 80.23 points, to 25,546.32. The United States began imposing 15 per cent tariffs on a variety of Chinese goods on ...


Angry customers with gun demand Popeye’s chicken sandwiches

It was the latest incident stemming from the wildly popular item that has rocked the fast food industry. A Tennessee man felt so victimized by the short...


Hurricane Dorian flight cancellations reach the thousands today

Early Tuesday morning, Hurricane Dorian was a category 3 hurricane with maximum, sustained winds of 120 miles per hour, according to the release. It will ev...


Walmart will stop selling some ammunition and exit the handgun market

The company will also no longer sell ammunition for short-barrel rifles, which are often used in hunting but can also be used in military-style weapons. "These ...


Hurricane Dorian impacting travelers nationwide, including in San Diego

Now as forecasters say Dorian might not just hit Florida, but the Carolinas and Georgia too, Bush says she is not surprised. American Red Cross of Southeast...


Argentina limits purchase of the dollar due to the currency crisis exacerbation

It does, however, restrict people from buying more than US$10,000 a month, or making transfers exceeding that amount each month. Interesting in the section: F...


Wisconsin Humane Society welcomes 33 cats evacuated ahead of Hurricane Dorian

At 11 p.m. (0300) GMT, the hurricane was about 135 miles (220 km) from the Florida coast, parts of which were being evacuated, as it crawled westward. Some fluc...


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