Markets

Trump's threat of tariffs on all $505bn of Chinese imports knocks markets

Trump told CNBC in an interview broadcast Friday, referring to USA trade with China. " I'm not doing this for politics, I'm doing this to do the right thing f...


Oil Rises as Saudi Forecast a Decline in Export in August

He said, "It will be India's sovereign decision". China has indicated that it would not honor the United States sanctions. Against this background, Japane...


Trump says 'not thrilled' about interest rate hikes

Feroli also noted that the easiest way for Trump to bend the Fed to his political will would be to fill the Federal Reserve Board of Governors with members...


Trump criticizes Federal Reserve over interest rate hikes

Outside of his comments on the Fed, Trump touted the rising USA dollar as superior to the euro and China's renminbi, which are dropping. The U.S. central bank...


Boris Johnson launches attack on Theresa May's Brexit plan in British Parliament

It is rare for ministers to deliver such a speech in Parliament. He said he could neither support nor accept the Brexit vision which he and other Cabinet me...


Surprise stall for inflation raises questions over interest rate hike

ONS head of inflation Mike Hardie said: "Consumers have been feeling the benefit of the summer clothing sales, and computer game prices have also fallen". Month...


Amazon’s Jeff Bezos is world’s richest person in modern history

As Amazon marked its "Prime Day" with price cuts across a range of products, founder and chief executive Jeff Bezos saw his net worth hit new peaks, increas...


AirAsia is world’s best low-priced airline for 10th consecutive year

Singapore Airlines has been named the world's best airline for the fourth time at the 2018 Skytrax World Airline Awards , which bills itself as the "Oscars of...


Elon Musk Apologizes for Calling Thailand Rescuer a Pedophile

Elon Musk stated in his tweet , "that the fault is mine and mine alone". Elon Musk has apologised to the British diver he branded a " pedo " in a Twitter...


Microsoft, Walmart enter multi-year AI deal to take on Amazon

While the terms of the deal were not disclosed, Walmart said it is now embarking on a broad set of cloud innovation projects that leverage machine learning, A...


Boeing Says US-China Trade Spat a Concern for Aerospace World

DHL Express will purchase up to 21 new Boeing cargo planes in order to meet booming demand for its e-Commerce delivery services, the German logistics company a...


European Union signs biggest ever trade deal and attacks Donald Trump

Although the leaders didn't mention him by name, Japanese Prime Minister Shinzo Abe and European Union leaders Donald Tusk and Jean-Claude Juncker distanc...


Papa John's founder calls resignation a 'mistake'

It also removed his image from all marketing materials and is requesting he stop making appearances. Schnatter sent the memo over the weekend, criticizing t...


EU, Japan sign major trade deal in 'message against protectionism'

He said the partnership is being strengthened in various other areas, including defence, climate change and human exchange, and is "sending a clear message" aga...


May sees off rebellion on customs union as amendment is defeated

He said that he had taken the "very hard decision" to resign "to express discontent" in votes. "I say that's not acceptable", she told BBC television. Britain...


Japan, EU eliminating most tariffs in trade deal

The ambitious pact signed in Tokyo runs counter to President Donald Trump's moves to hike tariffs on imports from many USA trading partners. Juncker said ...


Poundworld stores in Portsmouth and Havant to close next week

The Rotherham store is on Howard Street. Luton and Dunstable's Poundworld stores will remain open for now, despite 145 shops closing across the country. 'We w...


International Monetary Fund warns of rising risks to global growth as trade tensions loom

However, while the International Monetary Fund continues to project global growth rates of 3.9% for both 2018 and 2019, it warned that the risk of worse outcome...


Netflix Shares Crash After New Subscriptions Fall Short of Expectations

Second-quarter revenue was $3.91 billion, which was slightly lower than the $3.94 billion predicted by analysts. Netflix's explosive growth may be starting ...


Amazon down: Prime Day takes down Amazon website

Welcome to our guide to Amazon Prime Day 2018 - where we've gathered the very best deals on offer for gaming and TV watching. Amazon seems to want you to ...


Coupon dispute prompts white CVS manager to call police on black woman

The video shows the manager talking to police on the phone. At least two officers arrived, but "nobody generated a report ", police tell BuzzFeed . In the ...


Netflix plunges 14% after it misses expectations on revenue and subscriber additions

Analysts were expecting 6.3 million - 1.2 million in the United States and 5.1 million internationally, according to Bloomberg. "We had a strong but not stell...


Amazon's Prime Day runs into snags swiftly

At the bottom of this post, you'll also find all of our Prime Day coverage, but your best place to get started is our roundup of the best Prime Day 2018 gamin...


‘Something Went Wrong On Our End’: Amazon’s Website Crashes On Prime Day

Not to mention that if you spend more than $100 on Target's website, you qualify for free six-month same-day delivery through Shipt. CNET's Dan Ackerman joins...


As trade war rages, Trump flags fly out of China factory

European Council President Donald Tusk called for joint efforts from China , the United States and Russian Federation to avoid trade wars and to reform the W...


Papa John's John Schnatter loses his office space in corporate headquarters

Papa John's also announced that Schnatter will "cease all media appearances, and not make any further statements to the media regarding the company, its busi...


Everything You Need To Know About Amazon Prime Day -- Shop Deals Early!

It's set to take place on Tuesday July 17th, with the first Amazon Prime deals set to be released at midday on Monday 16th. Whole Foods 10 percent discoun...


British cave diver says considering legal action after Elon Musk 'pedo' tweet

In an interview after the successful rescue of all players, Unsworth said the submarine "had absolutely no chance of working " because the inventor "had ...


Apple announces US$300m clean energy fund in China

Thus, investment into solutions to reduce the pollution has become a top priority for authorities, with Greenpeace issuing a warning that electronics manufactur...


U.S. soybean growers denounce additional tariffs on Chinese goods

Rabobank said last week it reckoned China will have to buy 15 million tonnes of USA beans with the new tariff this year because there aren't enough alternative ...


Target rivals Amazon Prime day with one-day sale

Many popular smartphones are being offered with incredibly discounted prices. Since it's the second edition of sale, its likely that the e-commerce giant will c...


Elon Musk calls Brit diver in Thai cave rescue a 'pedo guy'

He also told CNN Musk could "stick his submarine where it hurts". Musk created a "kid-size submarine" and went to Thailand to assist in the rescue, but ...


Teachers get special discount at Target Teachers Prep Event starting July 15

The discounts will cover items from pens, pencils, crayons, and markers to classroom storage and organization material and even little things, like hand sanitiz...


National Ice Cream Day deals

Offers and participation can vary by location. Dairy Queen: Get a free small Blizzard when you download the Dairy Queen app and register for an account. C...


Investors take stock of Johnson & Johnson’s $4.7 billion hit in talcum suit

United Kingdom-based cancer charity Ovacome has said that there have been concerns for some years that using talcum powder on the genital area may increas...


Rupert Murdoch cleared for Sky takeover

Iger sees an opportunity to expand Disney's direct to consumer offerings and worldwide presence and make Disney a global entertainment company with the United...


JP Morgan raises oil price outlook, but trims demand-growth forecast

The forecast inventory builds in 2019 are mainly the result of expected liquid fuels production growth in the U.S., Brazil, Canada, and Russian Federation. ...


Cave Diver Tells Elon Musk To "Stick His Submarine Where It Hurts"

The submarine was reportedly 5 feet and 6 inches long, small enough to carry one of the boys but likely rigid and obtuse in the tight, murky dimensions of the c...


McDonald's Removing Salads From 3000 Stores After Illness

Officials with the Illinois Department of Public Health (IDPH) said in a statement that about 90 cases of cyclosporiasis have been reported across the state...


Ryanair scraps flights as Irish pilot strike tests its resolve

Irish pilots had said they wanted a better negotiated deal with regard to wages, the allocation of base transfers, promotions and annual leave. Scheduled fli...


33 passengers hospitalised after pressure drops on flight

Ireland-based Ryanair on Saturday said that the crew deployed oxygen masks and initiated a controlled descent following the in-flight depressurization. "It was ...


Viewing of World Cup Final at Pula Arena

It doesn't just concern the 23 players, coaching staff and backroom staff, but the 4.5 million people back home. "This is a historic game for not just us, for...


Tesla to slip to 7th in EV leadership by 2021, forecast says

Regardless of whether PA Consulting's crystal ball is accurate, there's no getting around the fact that beginning later this year, Tesla will begin to face ...


Ex-BTC-e Operator Alexander Vinnik to be Extradited to France

A case in point is that, despite its membership in North Atlantic Treaty Organisation and the European Union, Athens sought to strike a balance with Moscow and ...


ZTE lives on: US Commerce Dept. lifts ban

Commerce Department included a $1 billion penalty and a deposit of $400 million in an escrow account". The $1 billion penalty was sent to the U.S. Treasury la...


Canada's Hudson's Bay store drops Ivanka Trump fashion line

Another retailer has evidently stopped selling Ivanka Trump products on its website. Six Ivanka Trump label products still appear on Saks Off 5th website, whi...


Microsoft calls for government regulation of facial recognition technology

In a blog post published Friday , Microsoft President Brad Smith touted the potential benefits of facial recognition - like finding missing children and helpin...


Binance collaborates with Neufund to invest in Founders Bank

Once the Founders Bank obtains a license, it will be the world's first decentralized community-owned bank , showing the possible way the banking industry...


Build-A-Bear offering vouchers after too-popular promotion lured thousands

Then Chuck-E-Cheese offered a similar deal on Friday to try and capture some of the spark. "Didn't get to build a bear? ". There are several Build-A-Be...


Ryanair pilots call two more strikes after 30 flights grounded

The airline told Spanish news agency Efe that it expected to cancel about 30 of the 290 flights it had programmed. The airline didn't reply to requests for fu...