Finance

China warns of retaliation if US takes more trade steps

Mr Trump officially asked his top trade representative, Robert Lighthizer , to consider a 25pc tariff on $200bn (£153bn) of Chinese goods in an attempt to pre...


Apple Inc. Breaks $1 Trillion Market Valuation

The achievement seemed unimaginable in 1997 when Apple teetered on the edge of bankruptcy, with its stock trading for less than $1, on a split-adjusted basis....


National Basketball Association announces sports gambling partnership with MGM

ESPN reported the deal is for three years and $25 million, citing unnamed sources. "What this relationship entails is access to official data for the many ca...


MoviePass raises plan price from $10 per month to $15

Considering the company pays full price for tickets, it's barely breaking even on the first movie you watch in a month, and losing money every time you go after...


Chipotle Mexican Grill Under Pressure On Reports Of Customer Illness

It has a RSI value of 62. The current ratio for CMG is 2.00 and that of FRAC is 1.50. The stock is moving with a change -0.21%. Citrix Systems, Inc . (NYSE...


Germany inflation rate at 2% for July; energy prices surge

Flash estimate for the second quarter is due on August 14. It was the lowest quarterly growth since the third quarter of 2016. The Spanish economy unexpec...


RBI monetary policy: Repo rate hiked by 25 bps

Barua wrote in a note to clients. The RBI's Monetary Policy Committee (MPC ) raised the repo rate INREPO=ECI by 25 basis points to 6.50 percent. The Ban...


Apple becomes world's first trillion-dollar company

Earlier today, the tech firm's own stock app jumped the gun and mistakenly said Apple had already broken this milestone. However, because the company readjust...


Trump administration ups ante in trade fight with China

Tensions between the United States and China continue to escalate, after Beijing threatened to hit back if Mr Trump's administration raised imposed tariffs to...


Canadian economy expanding at 2.6% annual pace

Nevertheless, May's growth outpaced the consensus expectation of a 0.3-per-cent rise. The central bank, which says it will reduce stimulus as the economy stre...


Brookfield to Buy Forest City in $11.4 Billion Deal

These trends are grabbed from latest trading activity. Trading volume, or volume, is the number of shares or contracts that indicates the overall activity of a ...


House of Fraser to get cash injection from Mike Ashley?

It added that the departmental store chain saw its sales fall by 6.3 percent to 787.8 million pounds. The department store chain has previously said it has no...


Fed keeps interest rates unchanged, says U.S. economy 'strong'

The comments came in a statement that followed its two-day policy meeting. Most Fed officials in June projected three or four rate hikes for 2018, implying on...


Google to launch censored version of search engine in China

From 2006 to 2010, Google operated a censored version of its search engine in China, something it was regularly criticized for. Earlier this year, there was op...


Monetary Policy: RBI Hikes Interest Rates Again; Loans To Get Costlier

Lenders said the impact of the increase would vary greatly among families, but a household with a £200,000 mortgage would see its payments increase by around £2...


US may soon allow laptops, liquids in carry-on bags

But they have only recently been tested to screen carry-on bags because the units are now small enough to fit in airport checkpoints. On Monday, the TSA said ...


Almost 10% Aussies Missing Out On Max NBN Speeds

However, there is still a large number of households with bad service, including 7% of customers receiving less than half of the maximum speed of their plan. It...


RBI increasing rates now would be a big mistake: Mark Mobius

A man checks his phone outside the Reserve Bank of India ( RBI ) headquarters in Mumbai , India April 5, 2018. Rising prices of crude, and a strengthening gr...


Facebook cutting off thousands of apps

Facebook says that any current active apps that have not been submitted for review should be submitted now and that it is proactively queueing up apps for revi...


Verre de bleu? Vindigo blue chardonnay hits wine shelves in France

So it may come as a surprise (and relief) that the dazzling turquoise blue colour of the wine is entirely natural. The "100 per cent natural" wine begins life...


Bank of England raises interest rates with unanimous vote

Reaction to the hike was mixed, with some analysts questioning the expediency of the bank raising rates less than a year before the potential hit to the economy...


Nothing neutral about August policy of Reserve Bank of India

In June, the RBI had raised the repo rate by 0.25 percent to 6.25 percent. The one reason that may have prompted the RBI to hike interest rates is the core in...


British Gas hints at energy price rise as profits drop

Centrica CEO Iain Conn said the extreme weather proved "challenging" in the first half of the year and said the company also lost 340,000 British accounts durin...


House of Fraser's new owner issues profit warning

Following the withdrawal of C.banner, House of Fraser has said it is speaking to other potential investors about a rescue plan for the business. The extra cas...


Q1 round goes to OnePlus in battle for India’s premium smartphone market

In news that is sure to worry Apple , Huawei has beaten the iPhone maker in global smartphone shipments, coming second only to South Korean manufacturer S...


Pregnant mum served cleaning agent instead of latte at McDonald's

She said she ordered a latte and continued on her way - until taking a sip. Douglas, who is eight months pregnant with her third child, immediately anxious ...


Business groups warning of a no-deal Brexit

Although cars built for European Union customers fell -3.6% in the first half of the year, Europe remained the UK's biggest trading partner, accounting for ...


White House needs to increase tariffs on Chinese goods: Wilbur Ross

In early July, the USA government imposed 25-percent tariffs on an initial $34 billion of Chinese imports. Trump said last month that he's willing to impose t...


Indian central bank raises rates for second time

RBI today hiked repo rate by 25 basis points, the first back-to-back rate hike since October 2013. This the 1st time since October 2013 that repo rate has b...


Google tailoring a search engine for China

Search terms regarding democracy, human rights and peaceful protests will be among those blacklisted in the new search engine app, the report said. The new ap...


Reserve Bank of India's interest rate setting panel starts 3-day meet

The Reserve Bank is likely to maintain status quo on the key interest rate on Wednesday notwithstanding elevated oil prices and government's announcement to ste...


Oil falls below $73 on rising supply, trade worries

Oil prices have decreased after OPEC production was raised. October Brent crude futures LCOV8, the most actively traded contract, settled at $75.55 a barre...


Heineken Sees Revenue Up, However Profits Are Below Expectations

Heineken has stepped up marketing in Brazil causing a decline in overall profitability despite selling more beer. Net revenue grew 4.2 percent to 10.78 billi...


Loans to get costlier as RBI hikes repo rate again

The reverse repo rate or the rate at which RBI borrows from commercial banks stands adjusted to 6.25 per cent. Indian Banks Association's chairman (officiat...


Thomas Cook profits singed by summer heatwave

Thomas Cook said that full-year underlying operating profit would now be at the lower end of market expectations. Thomas Cook usually makes all of its annu...


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