Finance

Alarm over Donald Trump complaints about his pick for US Fed chair

Alarm over Donald Trump complaints about his pick for US Fed chair

He urged the Fed to avoid doing anything that could slow economic growth. Powell took over as Fed chief earlier this year. In fact, it doesn't mean anything: it was Trump who assigned Powell to th...

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Total quits Iran over US curbs

Total quits Iran over US curbs

Zanganeh further said that negotiations to replace Total is underway. The European powers, China and Russian Federation say they will do more to encourage their businesses to remain engaged with I...

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Russian Federation vows response to latest USA sanctions

Russian Federation vows response to latest USA sanctions

Relations between Moscow and London are tense after Britain blamed Russia for the nerve agent attack on a former Russian double agent in Salisbury. Commenting on a recent interview in which the pres...

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Fed criticism drives dollar to eight-week low against yen

Trump has, however, made reducing USA trade deficits a priority, and the combination of rising interest rates and a strengthening dollar poses risks for export growth. Trump has made reducing USA trad...

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Rapper Post Malone aboard jet attempting emergency landing

Rapper Post Malone aboard jet attempting emergency landing

A plane, reportedly containing rapper Post Malone , blew two tires after taking off from a New Jersey airport and is being forced to make an emergency landing in MA. We're told the plane had 3,700 ga...

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Jon Stewart comes to aid of goats found on subway tracks

Jon Stewart comes to aid of goats found on subway tracks

Seemingly making light of the situation, NYC Transit posted another tweet calling the goats, "Two very baaaaad boys". "They're safe and not now affecting service, but they are on the run", the MTA...

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Gatwick Airport put flight info on whiteboards after screens all broke

Gatwick Airport put flight info on whiteboards after screens all broke

Staff have resorted to manually writing out information such as gate numbers for each departure, with some passengers missing their flights owing to the problem. The problem was caused by a damaged ca...

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Flushing contact lenses contributes to water pollution, study says

Arizona State University researchers in a small survey found that about one fifth of users flushed old lenses down the toilet or sink. ACS, the world's largest scientific society, is holding the meeti...

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PepsiCo buying SodaStream for $3.2 billion in cash

PepsiCo buying SodaStream for $3.2 billion in cash

SodaStream shares were up more 9.7 per cent in mid-morning trading in NY at US$142.46, while PepsiCo was unchanged at US$115.01. SodaStream's Israel-listed shares will be halted for trading until it...

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Netflix To Begin Interrupting Binge Watchers Between Episodes By Testing Ads

Netflix To Begin Interrupting Binge Watchers Between Episodes By Testing Ads

While not being direct, but it does feel like Netflix is hitting users with ads. Now, if you're a Netflix subscriber based out of the United States, you may have done a double take at a couple of thos...

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NAFTA Talks Reach One-Year Mark, Close to U.S. Mexico Agreement

NAFTA Talks Reach One-Year Mark, Close to U.S. Mexico Agreement

Though tensions with Canada remain, President Trump is ready to close on a new NAFTA deal with our southern neighbor with a particular emphasis on auto trade to keep more production jobs in the USA ...

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Nvidia Clears Its Crypto Cloud

Nvidia Clears Its Crypto Cloud

Nvidia revealed the news during its second quarterly results, showcasing a lucrative first half of the year. Shares of NVDA stock traded down $1.64 during trading hours on Thursday, reaching $257...

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Mexico unsure on NAFTA talks

Mexico unsure on NAFTA talks

At a cabinet meeting on Thursday at the White House, Mr. Trump told the team, including U.S. Trade Representative Robert Lighthizer, "don't do the deal" unless there was a significant breakthrough i...

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Tesla files suit against Ontario government over cancelled EV rebates

Tesla files suit against Ontario government over cancelled EV rebates

Tesla says hundreds of purchasers of its cars were left hanging when the program ceased in July and was no longer eligible for the rebate. Tesla called the decision "unreasonable and unlawful" and s...

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Grappling with tweet aftermath, Musk acknowledges exhaustion

Grappling with tweet aftermath, Musk acknowledges exhaustion

The New York Times published an extended interview with Musk on Friday in which he said the past year has been "excruciating" and "the most hard and painful" of his career. On top of market oppone...

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Mike Ashley closes House of Fraser website in bitter payments dispute

Mike Ashley closes House of Fraser website in bitter payments dispute

Sports Direct paid £90mln in cash to acquire "all of the United Kingdom stores of House of Fraser, the House of Fraser brand and all of the stock in the business" from accountancy firm E&Y acting as a...

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President Trump Is Interested in a Major Shakeup for Corporate Earnings Reports

President Trump Is Interested in a Major Shakeup for Corporate Earnings Reports

Trump tweeted , "I have asked the SEC to study!", but it officially can only be a request, not an order. Nooyi issued a statement on Friday about the conversation with the president, saying that m...

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SEC launches formal Tesla inquiry with subpoena

SEC launches formal Tesla inquiry with subpoena

Wednesday's drop of as much as 4.5 per cent wiped out last week's advance fueled by Musk's tweets and news that Saudi Arabia's wealth fund bought a stake in the company. Goldman Sachs on Wedne...

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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

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

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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