Markets

New Jersey woman on oxygen dies after electric company cuts off power

Linda Daniels relied on an oxygen tank powered by electricity. "She was the matriarch of this family - she was the glue that held everything together", said ...


Ethiopian Airlines to resume flights to Eritrea's Asmara next week: Ethiopian media

With laughter and hugs, the leaders of longtime rivals Ethiopia and Eritrea met for the first time in almost two decades Sunday amid a rapid and dramatic di...


Erdogan assumes greater powers as Turkey's new era begins

Turkish President Recep Tayyip Erdogan has named his son-in-law as the country's finance minister after being sworn in to another five-year term. Erdogan has ...


May secures cabinet backing for 'soft Brexit'

Theresa May faces the greatest threat to her leadership since the general election as she prepares to confront furious backbench MPs on Monday in a bid to co...


As China Tariff War Escalates, US Oil Sellers May Look To India

Oil benchmarks went in different directions again on Friday afternoon, with WTI trading up and Brent trading down as fears of the escalating U.S. Brent was be...


Trump's Trade War Officially Begins - Hit & Run

Friday's tariffs could just be the opening skirmishes in the trade war , as U.S. President Donald Trump has vowed to hit $450 billion in Chinese goods, the v...


Starbucks, citing environment, is ditching plastic straws

The company already offers alternative straws in Seattle . The coffee conglomerate revealed its 2020 goal on Monday while also showcasing a recyclable , st...


Brexit Secretary David Davis resigns

Conservative MP Peter Bone said Davis had "done the right thing", adding: "The PM's proposals for a Brexit in name only are not acceptable". His unhappiness...


Seattle first big city to ban straws

The city's 5,000 restaurants can not provide customers plastic straws or utensils. Seattleites will still probably see plastic straws around town for the next...


Teams prepare 'rescue operation' to save boys trapped in Thailand cave

Narongsak Osottanakorn, the head of the rescue mission, said Sunday. The boys were transferred by helicopter and ambulance to a hospital where they are being tr...


China's ZTE Names C-Suite Executives in Step Toward US Ban Lift

ZTE was forced to cease major operations in April after the United States slapped it with a supplier ban , saying it broke an agreement to discipline executive...


Netflix is testing an Ultra subscription

After a price hike previous year, Netflix's two-stream HD tier is now $10.99 per month and the Premium plan is $13.99 per month. Netflix is also planning and ...


Canada's Trade Deficit Widened in May

Statistics Canada reported Friday that Canada's merchandise trade deficit with the world totalled $2.8 billion in May, widening from a $1.9 billion deficit in...


US adds a solid 213000 jobs; unemployment up to 4 pct

This was more than the 190,000 forecast by economists. The U.S. central bank increased interest rates last month for the second time this year and has projected...


Expect BoC rate hike next week, followed by a fall pause

The retaliatory tariffs went into effect on July 1 and largely target USA steel and aluminum products, but also food items such as coffee, ketchup and whiskies....


U.S. adds 213,000 jobs in June, unemployment rate jumps…

The figures for April and May were also revised up, showing that 37,000 more jobs were created in these months than previously estimated. Following the rep...


Strong US economy may lead to downturn: Fed

At the Fed meeting, officials unanimously raised the main lending rate for the second time in 2018 - to a target range of 1.75 percent to 2 percent - and lift...


USA job growth strong but unemployment rate rises to 4%

The national jobless rate climbed 0.2% last month. As shown in the chart below, the increase in long-term unemployed and the MoM change in the number of worke...


Move Over, Warren Buffett-Mark Zuckerberg Is Now the World's Third-Richest

Jeff Bezos , CEO of Amazon.com (AMZN), and Bill Gates , co-founder of Microsoft (MSFT), are ranked first and second on the richest list, as compiled by the...


Wireless speaker pioneer Sonos files for U.S. IPO

Sonos, a pioneer in the market for internet-connected speakers, is targeting a valuation of $2.5 billion to $3 billion in the IPO, said people familiar with the...


Iran tells Trump to stop tweeting about oil prices

For the same period, analysts expected crude inventories to decrease by about 4.5 million barrels. Trump believes OPEC can do more by by drawing on its spar...


China files new complaint at WTO over United States tariffs

Lu Kang, spokesman for the Chinese Foreign Ministry, confirmed to news agency AFP that his government's retaliatory tariffs were already in effect. China's ...


Micron products barred from China in patent spat

The patent infringement claims of United Microelectronics ( UMC ) and Jinhua Integrated Circuit were filed against Micron in retaliation for criminal indict...


United States has 'launched the largest trade war in economic history': China

The taxes target 818 kinds of Chinese products in industries such as aerospace, information and communications technology, robotics, industrial machinery, new m...


USA job growth strong; unemployment rate rises to 4 per cent

The June jobs report is out and it's a beat. However, the labour participation rate suggests the city had the lowest rate of labour participation or peopl...


China imposes retaliatory duties on 800 goods from US

We don't agree with this rationale. "There are no winners in a trade war ", said the chamber's chairman, William Zarit, in a statement . The US will likely ...


Thousands of barrels of alcohol land in a heap in northern Kentucky

The aftermath following the collapse of the remainder of a whiskey warehouse at the Barton 1792 Distillery in Bardstown, Kentucky July 4, 2018 . He says no inj...


Trump to wait after midterms to sign new NAFTA deal

Ottawa-area MP Andrew Leslie, the government's parliamentary secretary for U.S. -Canada relations, were present. "Everybody said, 'Uh, can we get on to another ...


Euro edges higher, yuan gains as trade concerns linger

Morgan Asset Management (Asia Pacific). Chinese stocks slipped on Monday, handing back some hard-won gains from a bounce late last week as worries mount ahead...


Oil Prices Head Higher On Huge Crude Draw

Saudi Arabia agrees with Trump on the importance of keeping prices down but has not committed to increasing output sufficiently. It's telling that this is his t...


'Abu Dhabi ready to pump more oil under OPEC deal

The White House has said the usa will put those sanctions back into place. India, South Korea and Turkey - all allies or friends of the United States - are ma...


Centre Hikes MSP On Kharif Crops | India Development Debate

Crop 2017/18 2018/19 Paddy rice (common) 1,550 1,750 Sorghum 1,700 2,430 Pearl Millet 1,425 1,950 Corn 1,425 1,700 Finger millet 1,900 2,897 Pigeon peas 5,450 5...


Coinbase Custody is Now Live, But Will Institutional Investors Actually Use It?

Cryptocurrency exchange Coinbase has officially launched its digital assets custodian service for institutional investors. As a "custodial service", Coinba...


U.S. govt's NTIA recommends against licence for China Mobile

The US government moved to block China Mobile from offering services to the American market, recommending its application be rejected on grounds of " national...


Nathan's Famous Hot Dog Eating Contest: Time, livestream, how to watch

Chestnut, who made his debut at Coney Island in 2005, has won every Fourth of July hot dog eating contest at Nathan's Famous since 2007 with the exception of 20...


$2.3 billion of MI exports threatened by tariffs

The EU, which described the move as "pure protectionism", introduced duties on USA products in return, as did Mexico, Canada, Turkey and India. Schinas said E...


Chinese tycoon Wang dies in fall from wall while on France trip

China's top leaders agreed to help HNA, people familiar with the matter said last month, providing much-needed relief for a company that couldn't generate enou...


Canada imposed duties on steel and aluminum USA

NPR's Jackie Northam has this report . Rising trade tension between Canada and the United States and a pushback from U.S. businesses on further tariffs, incl...


Hyundai rubbishes rumours of FCA takeover

Meanwhile, Hyundai could take advantage of Chrysler's distribution network in the United States and the iconic Jeep SUV brand to shore up flagging sales in th...


Brexit: Third customs model devised ahead of cabinet talks

There is speculation the PM could be about to lay out plans for such a "soft Brexit ". Prime Minister Theresa May's advisers have come up with a new prop...


EU warns Trump: Auto tariffs could lead to $300 billion retaliation

The Trump administration has been recently slapping tariffs on other countries, claiming that the U.S. was "being treated unfair on trade", raising grave co...


Trump predicts 'very good relationship' with Mexico's president-elect Lopez Obrador

Lopez Obrador told the Televisa network Monday that he will respect the current team of negotiators, and let them continue representing Mexico until he t...


Saudis to pump 2mn more barrels of oil

The White House later walked back on the comments. The United States will sanction any European companies found doing business with Iran, Donald Trump said du...


Impeach 45' clothing sparks 'boycott Walmart' campaign

Other impeach Trump items were also available via Walmart.com, as were items bearing the president's signature "Make America Great Again" slogan. According ...


Merkel does turnaround on migrants in deal to save her German government

There was no stopping him. In controlling Germany's southern border to a greater degree than it has been recently, Germany will establish transit zones where ...


Lyft pushes into bikes with new acquisition

The Brooklyn, N.Y. -based company's bike maintenance operations will stay as a standalone business under the current brand. Lyft Inc. said on Monday it would ...


Leftist set to become Mexico's next president as rivals concede

Leftist outsider Andres Manuel Lopez Obrador has convincingly won Mexico's presidential election, exit polls show, setting the stage for a government that will ...


Facebook reveals data-sharing partnerships, ties to Chinese firms

The disclosure was part of Facebook's second attempt to address questions posed to Zuckerberg in April by members of the House Energy and Commerce Committee. So...


European Union warns Trump that raised vehicle import tariffs would hurt US

The European Union is slamming the Trump administration for considering tariffs on auto imports, saying they could lead to global retaliation against some $3...


Dutch Prime Minister Mark Rutte Tells Off Trump Right To His Face

I guess Rutte won't be getting a return invitation to the White House anytime soon. The Dutch prime minister, Mark Rutte , disagreed with the U.S. president,...