Markets

Infiniti has presented a new electric hypercar

As with the Q Inspiration Concept, the concept's clean, uninterrupted surfaces serve as a reference to the power source that provides an uninterrupted flow of...


Oil price rises above $74 as supply tightens

The API data also showed supplies of gasoline down 930,000 barrels, while distillate stockpiles rose 1.8 million barrels, sources said. In crude markets, ...


Australia: Huawei Banned From 5G Network Project

Companies that are "likely to be subjected extrajudicial directions from a foreign government" would render the nation's network susceptible to unauthorized acc...


Trump's financial gatekeeper granted immunity in Cohen probe

Weisselberg has worked for the Trump family for more than four decades, including as treasurer for the Donald J. Trump Foundation . Cohen - who arranged hu...


Elon Musk to keep Tesla public following shareholder concerns

Musk met the electric vehicle and solar panel company's board on Thursday to tell them he was keeping the company public and the board agreed, according to th...


TREB loses bid to appeal release of real estate sold figures

TREB's fight began in 2011 when the Competition Bureau, a federal watchdog created to protect consumers by investigating business policies and mergers, challeng...


'Weisselberg knows everything': Prosecutors grant immunity to longtime Trump finance chief

Calls for Trump's removal have renewed this week after his former longtime lawyer Michael Cohen pleaded guilty to campaign finance violations and implicated t...


AK-47 maker Kalashnikov unveils new electric vehicle to rival Tesla

The gunmaker is to produce a "supercar" called the CV-1. Concern Kalashnikov JSC, maker of the AK-47 assault rifle, is the latest entry into the crowded elect...


Donald Trump warns his impeachment would cause USA economy to crash

Cohen's attorney Lanny Davis says Trump ordered his client to make hush-money payments to porn star Stormy Daniels and Playboy model Karen McDougal to k...


Donald Trump aides warn of 'people's revolt' as aides start deserting President

President Donald Trump , newly incensed by campaign allegations, plunged back into his criticism of Attorney General Jeff Sessions , claiming in an intervie...


DXY Index Threatens Key Break after Powell’s Jackson Hole Speech

Mazen Issa, senior FX strategist at TD Securities in NY, said Powell's remarks built on a stance seen in the minutes of the Fed's latest policy meeting released...


Market Report S&P 500 marks longest bull run

USA benchmark crude climbed 3.1 percent to $67.87 per barrel in NY. By this measure, the bull market began in March 2013 , when the S&P 500 finally close...


Mexico, US close to a deal on NAFTA overhaul

President TrumpDonald John TrumpConsultant secures Democratic nomination in Wyoming House race Wyoming treasurer wins GOP gubernatorial nod, beating Trump-backe...


Lira steady as Bolton says Turkey made 'big mistake'

Kalin said Turkey would work with the rest of the world against restrictive and punitive measures. "I think Erdogan has decided that while he did not want t...


Grand Junction Sears store to close

The closures are expected to be complete by November. Another 44 stores also will call it a day nationwide as Sears continues to try to streamline operation...


Trade minister urges UK to look beyond Brexit to be export 'superpower'

The proposal has set out plans for DIT to support businesses in four ways: encouraging more businesses to export via several initiatives; providing information,...


The Law Behind Michael Cohen Case

She also told NBC News in a statement : " Michael [Avenatti] and I are vindicated and we look forward to the apologies from the people who claimed we were ...


Fed's George sees more rate hikes, despite Trump - interviews

Trump has repeatedly made his displeasure with the Fed and Powell known. The president spoke to Reuters in an exclusive interview, the newswire said. Moreov...


China trade war escalates with £16bn of new tariffs

The US and China both implemented tariffs on one another $US16 billion worth of each other's goods. Still pending is the possibility of new duties on an addit...


Trade War Pressures America Inc.'s Factories to Move out of China

Dealers referred to some speculations that the talks could set the stage for a summit between US President Donald Trump and Chinese President Xi Jinping in ...


China shifts to Iranian tankers to keep oil flowing amid US sanctions

Oil supplies have also appeared more plentiful, as United States crude inventories expanded by the most since previous year, OPEC raised output last month a...


No-deal Brexit would hit holidaymakers as credit card fees increase

A few days here or there, beginning of November. Britain's Brexit Secretary Dominic Raab . "I will be paying for one of the most detailed public polling ex...


Google Pixel 3 XL spotted sporting a certain sort of notch

The company claims that the Pixel 3 and 3 XL will not feature a double or triple camera setup and that there will be one main. If they were, however, we're in...


United States sanctions 'counterproductive and senseless' - Putin

He said Russia's offer of talks still stood however. "He [Putin] is testing us", Hunt added. The U.S. Treasury Department announced Tuesday that the Vladi...


Inquiry opens into graft under Zuma

Much of the probe is expected to focus on Zuma's relationship with the Guptas, a wealthy Indian family accused of wielding undue political influence. Zuma is ...


US Market Indexes Close Higher on Tuesday

Shares in much of the region were also aided by hopes that the trade talks between the United States and China expected this week will ease trade tensions. The ...


Trump complains about interest rate rises

In the next few days, Dollars is likely to be influenced by both the minutes of the latest meeting of the United States policy-setting Federal Open Market Comm...


U.S. imposes fresh sanctions for Russian cyber-related activity

Russian Deputy Foreign Minister Sergei Ryabkov called the sanctions as well as other USA steps over alleged hacking, groundless, and promised a response. Treasu...


Defiant Erdogan Casts Turkey Currency Crisis in Religious, Patriotic Terms

Erdoğan stopped short of naming specific countries or institutions but in the past has blamed a so-called "interest rate lobby", Western ratings agencies and fi...


Michael Cohen Enters Into Plea Agreement With Prosecutors

Cohen once said he would " take a bullet " for Trump , but their relationship has deteriorated since the April FBI raid on Cohen's office, hotel room and home...


Trump (Again) Expresses His Displeasure with Federal Reserve Raising Interest Rates

He urged the Fed to avoid doing anything that could slow economic growth. A day later, Dallas Fed President Robert Kaplan, who tends to align his views with...


Iran urges Europe to act as USA threats to reimpose oil sanctions

U.S. President Donald Trump signed an executive order August 6 to reimpose the first round of sanctions on Iran, which had been lifted under the 2015 nuclear ...


United States sanctions Russian shipping companies

In an interview with Reuters on Monday, Trump said he would only consider lifting sanctions against Russian Federation if it were to do something positive for t...


Trump Won’t Acknowledge the Independence of the Fed

At the Southampton fundraiser hosted by Howard Lorber Friday, President Trump lamented that his pick for Federal Reserve chair has raised interest rates. ...


Jet With Blown Tires, Several Passengers Diverted To Massachusetts From Teterboro

A private jet that blew two tires during takeoff at Teterboro Airport in New Jersey today is headed for a Wesfield airport and TMZ.com is reporting rapper Po...


Jon Stewart Helps Rescue Goats That Captured New York’s Attention

Two of the greedy herbivores briefly disrupted the N line from mid-morning on Monday, when they were spotted roaming the tracks in Brooklyn. Legendary comedia...


PepsiCo to buy SodaStream for $3.2 billion

PepsiCo Chairman and CEO Indra Nooyi calls the companies "an inspired match". With soft-drink sales hurting in recent years as consumers shy away from sug...


Don't throw those contact lenses down the drain

Around 45m people wear contacts in the USA, while rates in other countries vary, with between 5 and 15% of the population in Europe using them. About 45 mill...


Whiteboards used as Gatwick flight information screens fail

Airport staff have been forced to write important flight information on whiteboards around the airport, meaning passengers are huddling around the makeshift inf...


Annual inflation rate jumped to 3.0% in July, highest reading since 2011

Economists were expecting a year-over-year of 2.5%, same as in June, but July's number exceeded that, according to Statistics Canada. CIBC economist Andrew Gr...


Netflix testing between-episode promos, despite viewer grumbles

Some users even found that they had a bug, The Verge reports , which prevented them from skipping the ad and having to watch the promotion. It adds: "In th...


North America: The State of NAFTA Talks, One Year Later

Trump said on Thursday, 'I'm in no rush. According to a Los Angeles Times report, Mexico is eager to lock in a new deal before its (socialist) president-ele...


USTR Robert Lighthizer hopeful for breakthrough on NAFTA renegotiation

The end of the tariff exclusions strained relationships with Canada, Mexico and the European Union, which responded with retaliatory tariffs on selected USA g...


Tesla Motors Canada suing Ont. government over end of EV rebates

Customers who ordered their vehicle before July can still benefit from the program until mid-September - except for hundreds of Tesla customers, according to th...


House of Fraser website offline amid reported delivery 'wrangle'

Mike Ashley , the founder and chief executive of Sports Direct , announced on Friday that he was buying House of Fraser out of administration for £90 million...


Trump backs CEOs, proposes easing corporate reporting rules

Japan, though, moved in the opposite direction, gradually forcing companies to shift from semi-annual to quarterly reporting during the 2000s. "It's cockamami...


Tesla sheds $US5.4 billion after Elon Musk's emotional interview

Musk's workload but also about his use of Ambien , two people familiar with the board said . Elon Musk has acknowledged exhaustion from overwork as he dea...


SEC Sends Subpoena to Tesla in Probe Over Musk Tweets

Under rule 14e-8 of the Securities and Exchange Commission , publicly traded companies are prohibited from announcing plans to buy or sell securities if ex...


U.S. can not see who its true friend is: Turkish FM

In a statement, the ministry also said it would provide flexibility on maturities and pricing to endure cash flow for companies, while taking additional measure...


Turkish high court rejects appeal for U.S. pastor Brunson's release

Turkey could be at a risk of a major default, as it is sitting on very high foreign currency debt, said Russell Napier , Independent Investment Strategist & Co...