Finance

Trump ready to put tariffs on $500 billion of Chinese imports

The US$500 billion figure is about the value of Chinese goods imported into the USA previous year. US President Donald Trump has indicated that he's willing to hit every product imported from Chi...

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Japan Moves To Cease Oil Imports From Iran Amid US Warnings

Japan Moves To Cease Oil Imports From Iran Amid US Warnings

U.S. crude oil inventories increased in the week ending July 13, the U.S. Energy Information Administration (EIA) said in a report on Wednesday. Trump or cheap Iranian oil? Strategic Petroleu...

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Trump criticizes Federal Reserve, breaking long-standing practice

But Trump - in a tit-for-tat tariff war with the EU, China, Mexico and Canada - said he was anxious that the timing put the U.S. at a "disadvantage" while the European Central Bank and the Bank of Jap...

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MP declares no confidence in Theresa May over European Union withdrawal plans

MP declares no confidence in Theresa May over European Union withdrawal plans

The prospect of continued drama in parliament and doubts over the future of May's " white paper " Brexit plan-which is itself only a starting point for talks with the European Union - is testing the...

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United Kingdom annual inflation stable at 2.4 per cent

United Kingdom annual inflation stable at 2.4 per cent

Not only have rising crude oil prices persistently fanned inflation - by contributing significantly to a 214 basis-points month-on-month jump in June for the primary articles group - they have also le...

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Jeff Bezos becomes richest man in modern history, topping US$150b

Jeff Bezos becomes richest man in modern history, topping US$150b

In comparison, Bezos is in the same league as the world's richest dynasty the Walton family, whose wealth stands at $151.5 billion. The staggering number is more than Bill Gates was ever worth, even...

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Singapore Airlines named world's best airline in Skytrax awards

Singapore Airlines named world's best airline in Skytrax awards

The airline is set to resume nonstop flights to NY from the island-city in October after a gap of five years. The airline will fly the first Airbus A350-ULR (for Ultra Long Range) on the 16,700 km rou...

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Walmart and Microsoft expand cloud deal as they compete against Amazon

Walmart and Microsoft expand cloud deal as they compete against Amazon

The retailer already uses some Microsoft services, but with the new partnership this expands into cloud tools that use machine learning and artificial intelligence. Predix offers a range of IoT-focuse...

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ICBC behind ‘unidentified’ provisional $9 billion order for 80 Airbus A320neo

ICBC behind ‘unidentified’ provisional $9 billion order for 80 Airbus A320neo

Boeing CEO Dennis Muilenburg said on Sunday the performance of global supply chains was always under watch. The company's sales forecast for the next two decades predicts a 5% rise to 31,360 in dema...

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European Union and Japan sign free trade deal

European Union and Japan sign free trade deal

Both sides also signed a strategic partnership agreement, a framework aimed at strengthening bilateral cooperation on a broad range of bilateral and multilateral issues, including security, cybercrime...

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The US trade war could cost the global economy $430 billion

The US trade war could cost the global economy $430 billion

In the July outlook, it noted that growth remained generally strong in advanced economies, but slowed in many of them, including countries in the euro area, Japan, and the United Kingdom. On Saturday,...

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Iran files suit in worldwide court against USA over sanctions

Iran files suit in worldwide court against USA over sanctions

Meanwhile, the US and Israel reportedly formed a joint working group a few months ago to focus on fomenting, or at least encouraging, internal unrest in Iran . India is yet to take a call on comply...

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EU, Japan sign massive trade deal as US puts up barriers

The ceremonial signing was delayed from earlier this month because Abe canceled going to Brussels over a disaster in southwestern Japan, caused by extremely heavy rainfall. Juncker also highlighted th...

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Ryanair plane makes emergency landing after plummeting 27000 ft in seven minutes

Ryanair plane makes emergency landing after plummeting 27000 ft in seven minutes

German air accident investigator BFU, responsible for investigating the incident, said its team was heading to Hahn airport to secure the cockpit voice recorder and flight data recorder and to intervi...

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CVS apologizes after Chicago manager calls cops on black customer over coupon

CVS apologizes after Chicago manager calls cops on black customer over coupon

Our Region Director in Chicago contacted Ms. Hudson as soon as we were made aware of this incident. "We have completed our investigation, and as a result the two colleagues who were involved are no ...

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Papa John's founder loses office in corporate headquarters over racial slur

Papa John's founder loses office in corporate headquarters over racial slur

Regardless, Papa John's has had an unexpected downturn that started even before the flap over Schnatter's comments . John Schnatter and his legal team sent letters to the Papa Johns Board of Direct...

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British Prime Minister Theresa May: President Trump Suggested Suing the EU

British Prime Minister Theresa May: President Trump Suggested Suing the EU

The Labour leader looks certain to confront her over the turmoil in Tory ranks over her Brexit plans. The move suggests Number 10 is seeking to send MPs away from Westminster early to break up any p...

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Netflix Shares Crash After New Subscriptions Fall Short of Expectations

However, GBH Insights saw the Netflix subscriber forecast miss as a "speed bump", rather than start a downward trend, reasoning that the "content arms race continues to be a major tailwind" for the ...

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Amazon Prime Day 2018: The top United States deals in tech

Amazon Prime Day 2018: The top United States deals in tech

Sure, Amazon gets to flex its muscles over the retail industry and juice sales numbers. If you're trying to visit Amazon .com and find some Prime Day deals , you may see an error page. The 36-hour...

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Netflix plunges as subscriber growth disappoints

Netflix plunges as subscriber growth disappoints

Netflix shares, which as one of the best-performing stocks have soared 109 percent this year, fell almost 14 percent to $344.60 in after-hours trading. During the quarter, net income rose 32.5 percen...

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Amazon Prime Day: The best deals on bluetooth and wireless speakers

Amazon Prime Day: The best deals on bluetooth and wireless speakers

Head over to Amazon to sign up and become a Prime member . It all began in 2015, when Amazon had a sale to celebrate its 20th birthday. Twitter users took over the Prime Day hashtag with jo...

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EU official urges Trump, Putin not to destroy global order

EU official urges Trump, Putin not to destroy global order

European Union President Donald Tusk called on Donald Trump to reform the world order rather than bring it down, warning that trade wars can lead to "hot conflicts". Bloomberg via Getty Images A d...

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Thailand diver could take legal action over Elon Musk's

Thailand diver could take legal action over Elon Musk's "pedo" remark

Musk's now-deleted post on Twitter adds to a long list of news-making tweets by the Tesla Inc. chairman, who unlike most executives doesn't hesitate to battle publicly with his detractors. He call...

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Papa John’s Founder John Schnatter Kicked Out of His Office in Kentucky

Papa John’s Founder John Schnatter Kicked Out of His Office in Kentucky

Top executives chose to remove Schnatter but details are still being worked out. Shares of Papa John's have dropped about 4.6 percent this year through July 13, leaving it with a stock-market valuat...

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Amazon Prime Day effect

Amazon Prime Day effect

We won't know which items will go on sale until day of, but if you're eyeing anything in particular bookmark it and check back to see if it's discounted on Prime Day . You could sign up for a 30-...

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Importers snap up cheap US soybeans as China stops buying

Importers snap up cheap US soybeans as China stops buying

That compares with its estimate of 95.97 million for the 2017/18 crop year and, according to USA government records, would be the lowest import level since 2016/17. "The soybean prices have dropped ov...

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Target rivals Amazon Prime day with one-day sale

Target rivals Amazon Prime day with one-day sale

Talking about the discounts to be offered on the smartphones, the Google Pixel 2 will be priced at Rs. 42,999 instead of MRP Rs. 70,000. Going by the landing page of the website, the sale will proff...

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Russia blasts Greece over cybercrime suspect’s extradition

Russia blasts Greece over cybercrime suspect’s extradition

Vinnik has appealed the decision, defense lawyer Ilias Spyrliadis said. On Thursday, Russian Foreign Ministry spokeswoman Maria Zakharova suggested that Moscow could expel an equal number of Greek...

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Thai Cave Rescuer Says Elon Musk’s Mission Was a

Thai Cave Rescuer Says Elon Musk’s Mission Was a "PR Stunt"

This set Musk on a Twitter rampage - which have become all too common for the 47-year-old entrepreneur. 'Only people in sight were the Thai navy/army guys, who were great. He also defended himself...

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Government clears Fox's Sky takeover bid

Government clears Fox's Sky takeover bid

Disney secured conditional US approval to buy the assets last month, giving it an edge over Comcast's bid. Fox's board is backing the Disney chief executive's offer and Fox shareholders are set t...

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Elon Musk Calls Diver Involved in Thai Rescue Efforts a ‘Pedo Guy’

Elon Musk Calls Diver Involved in Thai Rescue Efforts a ‘Pedo Guy’

Musk responded by saying the Thai official was "not the subject matter expert". Intense criticism followed. Some Twitter users pointed out how "dangerous" and irresponsible it was to make such a s...

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Hudson's Bay to stop selling Ivanka Trump's clothing line

Hudson's Bay to stop selling Ivanka Trump's clothing line

Conway made headlines after she encouraged Trump supporters to buy Ivanka's goods on Fox News, an endorsement which violates ethics rules forbidding federal officials from using their positions to e...

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US lifts ban on suppliers selling to China’s ZTE

US lifts ban on suppliers selling to China’s ZTE

Last week, a bipartisan group of senators introduced legislation that could reinstate some of the penalties on ZTE . A short time ago, ZTE was forced to shut down more than half of its operations...

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McDonald’s Pulls Salads From Thousands of Restaurants as Parasite Outbreak Escalates

McDonald’s Pulls Salads From Thousands of Restaurants as Parasite Outbreak Escalates

These restaurants span Illinois , Iowa, Indiana, Wisconsin, Michigan, Ohio, Minnesota, Nebraska, South Dakota, North Dakota, Montana, Kentucky, West Virginia and Missouri, according to the statement...

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Pilots' strike achieved nothing, says Ryanair

Pilots' strike achieved nothing, says Ryanair

Ryanair also said the industrial action should only affect some routes between Ireland and the United Kingdom, while flights to mainland Europe should operate normally. "We will do this by cancelling ...

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Startup reveals 'BlackFly' flying vehicle that 'anyone can pilot'

Startup reveals 'BlackFly' flying vehicle that 'anyone can pilot'

Army on research on quiet aircraft rotor technology as a part of its own program to develop flying taxi vehicles and services.Specifically, . It's powered by eight, small electric motors and control...

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Build-a-Bear CEO Apologizes for Thursday's Sale Fiasco

Build-a-Bear CEO Apologizes for Thursday's Sale Fiasco

LOUIS, MO -Didn't get to Build-A-Bear? Now, customers who avoided the line or otherwise missed the sale still can get a $15 voucher in the USA and Canada. "There was really no way for us to have...

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Ryanair passengers brace for more flight cancellations

Only flights between Ireland and the United Kingdom were affected. "All customers on these flights have received text and email notification of these cancellations earlier today and our Customer S...

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Broadcom agrees to buy CA Technologies for $19 billion

Broadcom agrees to buy CA Technologies for $19 billion

Brocade's networking gear often connects to mainframes provided by International Business Machines Corp, and those are the same mainframes that much of CA's software caters to, Krause said. Broadcom e...

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Apple launches $300 million clean energy fund in China

Apple launches $300 million clean energy fund in China

Apple said on Friday it has established a fund to invest almost $300 million over the next 4 years to connect its Chinese suppliers to renewable energy as Beijing pushes an anti-pollution drive. "App...

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