Finance

Chinese Electric-Car Startup Nio Files For $1.8 Billion U.S. IPO

The Shanghai-based carmaker, which counts Asian tech behemoth Tencent Holdings Ltd.as its main backer with a 15.2 percent stake, did not provide a breakdown for...


Turkey doubles tariffs on some USA imports; Turkish lira rallies

Local Turkish social media has been awash this week with footage of people smashing their iPhones in protest of US President Donald Trump and his recent san...


Erdogan Says Turkey Will Boycott US Electronics, Lira Steadies

Turkey on Wednesday said it was hiking tariffs on imports of several key USA products in retaliation for American sanctions against Ankara, as the bitter di...


Killed in Bridge Collapse in Genoa

Shortly before noon Tuesday, about a 260-foot stretch of a highway broke off from the 150-foot high Morandi Bridge during a storm. The victims included three ch...


Tariffs will rescue US steel industry

The president is engaged in trade disputes with several major economies, including China . In what he called a sign that the tariffs are working, Mr. Moreover,...


Turkish lira rallies as Qatar makes $15 bil. loan pledge

The sanctions have sent the Turkish lira into a tailspin. In his televised speech yesterday, Erdogan vowed that Turkey will " boycott United States elect...


Indian currency printed in China? Government denies report

China's Banknote Printing and Minting Corporation in Xicheng, which claims to be the world's largest money printer by scale, employs about 18,000 employees in ...


Unemployment at lowest for 40 years

Employers will now be considering their next move following the sustained drop in the number of European Union nationals working in the United Kingdom over th...


Turkey hopes to find solution on Syria’s Idlib with Russia

Moscow recently declared Moscow will decrease its holdings of US assets in retaliation against increasing tariffs imposed by Trump on Russian Federation and Tur...


Rupee continues its free fall, hits new low in opening trade

Jaitley is gradually coming back into public life after his kidney operation. "India's foreign exchange reserves are comfortable by global standards and suffi...


Turkey's economy suffers amid US sanctions and tariffs

A White House official said the United States was warning more economic pressures may be in store for Turkey if it refuses to release Brunson. If Brunson ...


USA denies responsibility for Turkish economic disturbances

The lira, which has weakened 34% against the dollar this year, firmed to 5.7500 against the dollar by 0722 GMT from a close of 5.95. The Turkish lira contin...


Bitcoin price keeps falling and just dipped below $6,000

Ether (ETH), the cryptocurrency that powers the ethereum blockchain is trading hands at $264 - its lowest price since November 2017. Likewise, The XRP pri...


Turkish President announces plan to boycott United States electronics, including iPhones

The Turkish lira has lost more than 40 percent of its value. Albayrak said Tuesday Turkey would press ahead with its action plan to prop up the lira against...


Death toll climbs following Italian bridge collapse

A bridge that abruptly buckled in north Italy has now killed 39 people, authorities said Wednesday as they continued the search for more survivors in the debr...


Turkish court rejects U.S. pastor Andrew Brunson's appeal

The lira has lost more than 40 per cent this year and crashed to an all-time low of 7.24 to the dollar on Monday, hit by worries over Erdogan's calls for lower ...


Constellation pumps $4 billion into cannabis business

On Oct. 17, Canada will become the first G7 country to legalize pot for recreational use. The Constellation deal comes as other alcohol companies have also ...


A pastor from NC is confined in Turkey. Free Andrew Brunson

A previous appeal by Halavurt on behalf of Brunson was rejected by the court. But Sanders, at a Tuesday press briefing, declined to say how the USA government p...


RAIL BACKLASH: ‘Unjustifiable’ fare hike met with protests from commuters and unions

A Virgin Trains season ticket between London and Birmingham will cost £10,902 in 2019, which is up from £10,564 and £8,028 in 2010. Many long-distance commute...


Turkey double tariffs on USA imports such as cars, alcohol and tobacco

The lira continued its recovery against the dollar on Wednesday as Turkey increased tariffs on U.S. goods and introduced measures to restrict bets against the...


Sarah Huckabee Sanders apologizes for false claim on black employment

Obama's eight years as president, compared to Mr. Trump's 700,000 in his year and a half in office. According to her, Trump's policies have been better for Afri...


Turkey doubles tariffs on some United States goods amid rising tensions

He also made his now famous speech on the night of the July 2016 failed coup calling citizens out into the street through FaceTime, an iPhone app. On Friday, ...


'Monster Hunter' on hold as China hits pause on new video games

After soaring into the ranks of the world's biggest companies, Tencent has lost more than $150 billion of market value as the company struggles to monetise new ...


Retail inflation cools to 4.17% in July; pulses, vegetable prices eases

The bureau in the report said this is the 18th consecutive decline in headline index. The inflation in pulses saw a negative inflation of (-) 8.91 per cent ...


PODCAST: Attorney Mark Brice on Monsanto verdict

The company immediately said it would appeal against the decision and tried to reassure consumers - including those using Roundup elsewhere - that its weedkille...


Turkey doubles tariffs on some USA imports over economy "attacks"

Investors are anxious not only about Turkey's souring relations with the United States, a longtime North Atlantic Treaty Organisation ally, but also Turkish Pre...


Turkey’s president wants to boycott American electronics. Good luck with that

The Middle East's largest economy has been targeted by the US just like other nations around the world, including Canada, Erdogan said. Tensions between the t...


Vermont Votes for the First-ever Openly Transgender Nominee for Governor

Democratic US Rep. Peter Welch is also facing a primary challenge. Both she and Nicholson ran as strong supporters of President Donald Trump . In all, four...


Turkish President announces plan to boycott USA electronics, including iPhones

Turkish President Recep Tayyip Erdoğan said Monday his nation is under siege, accusing the United States of stabbing an ally in the back. Turkey and the ...


Omarosa says Trump is trying to silence her

The campaign alleges that Omarosa is in breach of a confidentiality agreement she signed. According to the Examiner, the arbitration move could "wipe [Omarosa...


Turkish president says country will boycott iPhones

Turkey has held Christian pastor Andrew Brunson in custody for almost two years on espionage and terrorism charges tied to an attempted coup of Erdogan in ...


Turkish currency stabilizes as businesses urge compromise

The minister said Turkey is continuing with its "strong step-by-step path", making "all kinds of preparations from A to Z". Against a basket of currencies, th...


Oil edges up on Saudi output cut and Iran sanctions

Jameel Ahmad, global head of currency strategy and market research at FXTM, said there is a "risk off sentiment across global markets" amid a currency crisis in...


Ontario allowing pot sales in private retail stores April 1

Under the new approach, Canada's most populous province will still start selling cannabis online on the legalization date of October 17, using a website run by ...


Elon Musk says talks with Saudis led him to tweet "funding secured"

In July 31 meeting with the fund's managing director, Musk said the investors seemed eager and willing to move forward with a plan to take Tesla private . It r...


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