Finance

USA threatens more sanctions in Turkey crisis World News

USA threatens more sanctions in Turkey crisis World News

Turkey's finance chief tried to reassure thousands of worldwide investors on a conference call Thursday , in which he pledged to fix the economic troubles that have seen the country spiral into a cur...

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US Threatens Further Turkey Sanctions if Pastor Not Freed Soon

US Threatens Further Turkey Sanctions if Pastor Not Freed Soon

Qatar's royal court released a statement saying Al-Thani "issued directives that will see the State of Qatar to provide a host of economic projects, investments, and deposits" worth $15 billion to su...

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Google employees sign protest letter over China search engine

Google employees sign protest letter over China search engine

Reports surfaced two weeks ago that Google was developing a project, called Dragonfly , to launch a mobile search app that would censor results in compliance with the Chinese government. Google didn...

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Rail unions are to blame for fare hikes, Chris Grayling suggests

Rail unions are to blame for fare hikes, Chris Grayling suggests

The transport secretary believes the Consumer Prices Index (CPI), to determine increases instead of the Retail Prices Index (RPI) measure of inflation which is now used. However, campaign groups argue...

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Turkish court rejects release appeal of American Pastor

Turkish court rejects release appeal of American Pastor

Albayrak said Turkey's banks are "healthy and strong" and that implementing structural reforms and maintaining a tight monetary policy to fight inflation remain a priority. President Donald Trump t...

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United States threatens further Turkey sanctions if pastor not freed

United States threatens further Turkey sanctions if pastor not freed

Doha has pledged to offer loans worth 15 billion US dollars to help Ankara ride out its lira crisis. While the Brunson dispute appeared far from being resolved, Turkish President Tayyip Erdogan ...

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China Complains to WTO Over US Trade Tariffs

China Complains to WTO Over US Trade Tariffs

It said on May 14 it had issued a request to the WTO for a dispute settlement process with Washington. In addition to those tariffs, China is dissatisfied with the subsidies the United States prov...

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Pot Stocks Tumble as Ontario Delays Rollout of Stores to 2019

Pot Stocks Tumble as Ontario Delays Rollout of Stores to 2019

The shift could be good news for cannabis companies eager to enter a potentially significant retail market for pot in Ontario, but it could also leave the province open to some growing pains so close ...

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Chinese EV maker NIO files for $1.8 billion IPO in US

Chinese EV maker NIO files for $1.8 billion IPO in US

The new energy vehicle market is exploding in China as Beijing uses carrots and sticks to prod carmakers and consumers down the electric path. Nio could make delivery of its more affordable ES6 ...

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Turkey hikes tariffs on imports of several US products

Turkey hikes tariffs on imports of several US products

Qatar defied US President Donald Trump on Wednesday and promised to plough $15 billion into Turkish financial markets and banks. "Turkey will emerge stronger from these (currency) fluctuations...

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Turkey has sharply increased tariffs on American goods

Turkey has sharply increased tariffs on American goods

On Tuesday, he said the government is working on steps to help banks and support companies affected by the currency crisis. The evangelical pastor is accused of terrorism charges and aiding the ...

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Death toll in Italian bridge collapse climbs to 39

Death toll in Italian bridge collapse climbs to 39

A pensioner died in October 2016 when his vehicle was crushed by a collapsing bridge over a dual carriageway between Milan and Lecco. He said the government would make an initial €5m ($5.7m) ava...

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After raising tariffs on Ankara, US raps Turkish retaliation

After raising tariffs on Ankara, US raps Turkish retaliation

On Aug. 15, a Turkish court in the Aegean province of Izmir, where Brunson is on trial, rejected the pastor's appeal to be released from house arrest. A spokesman for the Turkish president has said ...

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China printing currencies for several countries including Sri Lanka

China printing currencies for several countries including Sri Lanka

China's attitude towards printing currency marks a change from previous low demand for printing as Chinese citizens have turned to using their phones rather then cash. Which is this Chinese company w...

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United Kingdom unemployment at lowest since 1975

United Kingdom unemployment at lowest since 1975

It is the lowest since 1975. Record rates of ethnic minority people in work also show that more families across our society are benefiting from the security of a job, with wages also on the increase...

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Russia Backs Non-dollar Trade With Turkey

Russia Backs Non-dollar Trade With Turkey

We should separate radicals and civilians. Cavusoglu said: "We support diplomacy and negotiations but it is not possible for us to accept impositions". Turkey has been hit by financial turmoil, with...

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Turkey invites United States to panel in WTO

Turkey invites United States to panel in WTO

After that meeting, a White House official expressed concern that "nothing has progressed" so far in the Brunson case and said the Trump administration is "going to stay extremely firm on this". The U...

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US not to lift tariffs on Turkey even Brunson released

A Turkish court on Wednesday rejected USA pastor Andrew Brunson's appeal to be released from house arrest and for his travel ban to be lifted, although a ruling from a higher court on the matter i...

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China’s Vice Commerce Minister to visit USA for trade talks

China’s Vice Commerce Minister to visit USA for trade talks

China's ministry of commerce said the US had invited a delegation, led by vice-commerce minister Wang Shouwen, to meet with a group led by US Treasury undersecretary, David Malpass. intellectual prope...

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Bitcoin And Ether Show Lack Of Momentum As Crypto Market Drops

Bitcoin And Ether Show Lack Of Momentum As Crypto Market Drops

All the other altcoins constitute for the remaining 50%. "I think bitcoin dominance is actually showing the market is reacting to what's been taking place". As seen from the 3 months graph of the ...

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Lira rallies as Erdogan hits back at short-sellers

Lira rallies as Erdogan hits back at short-sellers

The Trump regime imposed financial sanctions over the weekend against two Turkish government officials, and doubled steel tariffs to 50 per cent and aluminium tariffs to 20 per cent in retalia...

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Genoa Bridge Collapse: Death Toll Rises As Rescuers Continue Search

Genoa Bridge Collapse: Death Toll Rises As Rescuers Continue Search

Italian firefighters work at the collapsed Morandi highway bridge in Genoa on Tuesday. "Miracles are still possible", Salvini said . Authorities anxious about the stability of remaining large sec...

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White House condemns Turkey's tariffs on US imports

White House condemns Turkey's tariffs on US imports

The currency TRYTOM=D3 has lost almost 40 percent against the dollar this year, driven by worries over President Tayyip Erdogan's growing influence on the economy and his repeated calls for lower in...

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Corona owner pumps US$4 billion more into weed producer Canopy

Corona owner pumps US$4 billion more into weed producer Canopy

Canopy said it will use the proceeds to expand and gain exposure to the almost 30 countries likely to approve medical marijuana . "Constellation's concentration of global cannabis activities exclus...

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Sanders: My bad on that claim about black employment under Obama

Yesterday afternoon, Sarah Huckabee Sanders claimed that Donald Trump's policies had tripled job creation for African-Americans in two years over what Barack Obama had done in eight years. "It's...

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Brunson: pastor at centre of Turkey-US row and market turmoil

Brunson: pastor at centre of Turkey-US row and market turmoil

The Trump administration has slapped the Turkish regime with tariffs and sanctions for holding the United States citizen captive. On Friday, Turkey's Foreign Ministry (MFA) said Turkey would retal...

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Tencent Disappoints on Earnings as Its Games Face Regulatory Hurdles

Tencent Disappoints on Earnings as Its Games Face Regulatory Hurdles

Sales were 73.7 billion yuan, missing analyst estimates. Analysts polled by S&P Global Market Intelligence had forecast net profit of 18.7 billion yuan and revenue of 77.8 billion. Ms Jane Yip, a spok...

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Turkey doubles tariffs on more United States imports as diplomatic row escalates

Turkey doubles tariffs on more United States imports as diplomatic row escalates

Ankara more than doubled the tariff on United States rice to 50%, increased the USA coal tariff to 14% from 10% and more than tripled the tariff on cars to 120%. Amid a Turkish-U.S. row, top ...

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Turkey increases tariffs on some U.S. imports

A number of other Americans and Turkish employees of the U.S. diplomatic mission were also caught up in the post-coup crackdown. However, severe changes in the value of the currency calmed Tuesday...

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Retail inflation at 9-month low; rate hike seems unlikely

Retail inflation at 9-month low; rate hike seems unlikely

The next bi-monthly policy is to be unveiled on October 5. The food inflation came at 1.37 per cent, driven by cooling of pulses, vegetable and sugar rates. High YoY fuel price increases have led to...

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Bayer shares plunge on Monsanto ruling

Bayer shares plunge on Monsanto ruling

Tobias said Monsanto's promised appeal could result in the charges being reduced - but said the company "might want to consider settling now, depending on its calculus of the risk that it might lose o...

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U.S. official warns of more actions against Turkey if pastor not freed

U.S. official warns of more actions against Turkey if pastor not freed

If the evangelical pastor is found guilty, he will face up to 35 years in jail. In a joint statement issued Tuesday, the industrialists' group TUSIAD and the Union of Chambers and Commodity Exchan...

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Hallquist Becomes First Transgender Candidate To Win Major Party Nom For Governor

Hallquist Becomes First Transgender Candidate To Win Major Party Nom For Governor

Phil Scott is looking to secure his party's nomination once again. Within a few minutes of announcing Scott's win, the news service also called the Democratic primary for Christine Hallquist, making...

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Turkish president says country will boycott iPhones

Turkish president says country will boycott iPhones

The Turkish lira, in particular, is down 41 per cent this year amid concerns over the country's financial stewardship and a continuing spat with the United States. On Tuesday, one dollar was worth 7.2...

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Trump’s campaign takes legal action against Omarosa, alleging breach of secrecy agreement

Trump’s campaign takes legal action against Omarosa, alleging breach of secrecy agreement

Omarosa has been a TV news fixture in recent days as she promotes her book, which is published by an imprint of Simon & Schuster, a division of the CBS Corporation. The president tweeted on Monday ni...

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Drop in Turkish lira is making us a lot more money

Drop in Turkish lira is making us a lot more money

He added that USA electronics would have sanctions placed on them. "We go through the list of options they have to stop this: it involves rate hikes, getting the International Monetary Fund involved...

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Scots unemployment rate down slightly to 4.2%

The UK as a whole saw its economic inactivity rate increase slightly, to 21.2%, over the same three months. "This will not be what the Bank of England will have wanted to see, as one of the justif...

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Turkey Financial Crisis: Stocks at Record Low as Lira Plunges Again

Turkey Financial Crisis: Stocks at Record Low as Lira Plunges Again

Investors seemed to look through the fiery rhetoric, pushing the lira off record lows on reports that Turkish and US government officials held talks on Monday. "Some close the doors and some others ...

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Oil edges up on Saudi output cut and Iran sanctions

Oil edges up on Saudi output cut and Iran sanctions

In direct communications with OPEC, Saudi Arabia reported that its monthly crude production slipped by 201,000 bpd in July, meaning that it pumped 10.288 million bpd last month - lower than the 10.387...

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Musk Confirms Saudi Sovereign Fund Wants To Pull Tesla Off Market

Musk Confirms Saudi Sovereign Fund Wants To Pull Tesla Off Market

Mr Musk's tweet earlier this month had said " funding secured ", raising questions about where the financing for any deal might come from. On Aug. 7, trading of Tesla stock was halted for 92 minut...

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