Finance

China to hit US with tariffs on US imports worth $16bn

The U.S. levied 25 per cent duties on US$34 billion in Chinese goods on July 6 , prompting swift in-kind retaliation from Beijing . Last week Trump threatened...


Lobster industry feeling impact in U.S.-China trade war

Trade Representative's office said on Tuesday as it published a final tariff list targeting 279 imported product lines . March 22 : Trump announces plans ...


Tesla board says Musk started going-private talks last week

Other board members mentioned in the statement included Robyn Denholm, Ira Ehrenpreis, Antonio Gracias and Linda Johnson Rice. Most analysts were skeptical, b...


Google looks to offer cloud services in China

And most recently, it seems that the company wants to expand its influence in this market by bringing the G Suite service to China through its domestic partne...


United Kingdom trade minister says ‘no deal’ Brexit more likely than not

May's office said it's "confident" of striking a deal, while Brexit Secretary Dominic Raab told France's Les Echos on Friday that he sees no alternative to ...


Papa John’s blames Papa John for big sales decline

The Kentucky-based company reported a same-store sales decline of 6% at North American store locations in its second quarter, outpacing the decline expected b...


Snapchat Loses 3 Million Daily Users, But Posts Q2 Earnings Beat

The disappointing user metric came as Snapchat faces mounting competition from Instagram . On the upside, the company reported second quarter revenues of $...


Musk says he may take Tesla private and shares roar

Without an official statement to back up the tweet, Nasdaq halted trading in Tesla shares shortly thereafter. They closed at $379.57 - up 11 percent, but fa...


Foetus found on American Airlines plane at LaGuardia Airport

The Airbus A321 out of Charlotte, North Carolina was in a hanger when a cleaning crew made the discovery at about 7:30 a.m. on Tuesday. The fetus was believed...


Elon Musk indicates taking Tesla private as he posts 'funding secured' tweet

He implied the funding values the company at $420 a share. Musk owns almost 20 percent of the company. Much of that increase was driven by an earlier report tha...


House prices rise at fastest pace since November says Halifax

The average price was £230,280. Compared with a year ago, house prices were 3.3 percent higher than a year ago, the fastest rate of growth since November and ...


Unveiling of provincial buck a beer scheme expected today

Asked whether he was concerned that cheaper beer might contribute to substance abuse and other harms, Ford said he trusts Ontario consumers to make smart choice...


SoftBank-backed Ola to expand operations in the UK

Mint first reported on May 28 that Ola is adopting a holding company structure similar to that of India's most successful internet startup Flipkart to boost th...


Oil gains after surprise drop in Saudi crude output

Crude oil prices are catching some lift in the week's early trading, with WTI barrel prices pushing over the 68.75 level as Saudi output begins to slide while U...


Uber drivers log off to protest upfront pricing and pooling

Drivers who opt in for UberPOOL, where a rider shares a vehicle with other users, should be paid the equivalent of base UberX rates plus at least an extra 20 pe...


Postie saves teen from sex trafficking

She went on to tell reporters that she was drugged and abused by her captors and it was nearly impossible to escape. The youngster and Crisostomo reunited on ...


Nutella is hiring people to live in Italy and taste its products

Those interested don't need any prior experience, with the Italian company seeking "regular consumers", according to the news outlet. The job listing, which is...


U.S.'s Kudlow Trash Talks China Calling It ‘Lousy Investment’

China on Friday announced new retaliatory tariffs against the United States on more than 5,000 usa goods worth $ 60 billion if President Donald Trump ...


Facebook wants your financial data to expand Messenger, says report

At least one major United States bank left talks with the company due to privacy concerns, the Wall Street Journal reports. This comes as the social media gia...


Mobile Essentials plan goes back to basics

Data is subject to throttling after you use 50GB and during times of congestion before those that pay for T-Mobile ONE or ONE Plus. T-Mo also says that if you s...


Berkshire profit surges as insurance, other businesses gain

Operating profit for the quarter rose to $6.9bn (£5.3bn) from $4.1bn for the same period previous year. Because of an accounting rule change that took effect ...


Plane crashes in California parking lot, killing all five passengers

The pilot of the Cessna 414 declared emergency before the plane plummeted into the mall parking lot. The twin-engine 1973 Cessna light plane, bound for John W...


PTI's Imran Ismail to be appointed Sindh governor

Khan had married Bushra - his third wife - in Lahore in February. He further added that the party will easily make the government in Center, KPK, and Punjab. ...


Indra Nooyi to step down as PepsiCo CEO

She will step down on October 3, although remain chairman until early 2019 to ensure a smooth transition. She is also one of the few minority women to lead majo...


Coinbase to add Ethereum Classic early this week

Coinbase Markets, which provides a "a centralized pool of liquidity for all Coinbase products", will see the exchange enter a post-only period for a minimum of ...


China’s Retaliatory Tariffs: A Roundup of Effects on U.S. Commodities

The response follows the Trump administration's proposal of a 25-percent tariff on $200 billion worth of Chinese imports. Trump announced a further roun...


Foreign affairs minister 'very keen' to quickly wrap up NAFTA negotiations

The sources said the US and Mexico were close to agreement on a regional value content for steel and aluminum as well as on labor wage content requirements. Gua...


U.S. bid to cut off Iranian oil to China fails

Iran's currency plummeted this week in the lead-up to 7 August, when Washington is due to reimpose a first lot of economic sanctions following Trump's withdra...


5 killed when small plane crashes in California parking lot

The plane crashed just a block away from South Coast Plaza, a large mall. They said no one on the ground was injured. Concialdi said the plane struck a vehicl...


Why the RBS share price could be a bargain after dividend news

Declaration of the interim dividend is subject to the timing of finalisation of the previously announced civil settlement in principle with the DoJ in relation ...


Canada's June trade numbers surprisingly strong despite U.S

Economists surveyed by the Wall Street Journal had expected an even wider trade gap of $46.6 billion in June . In May, a rush by Chinese importers to beat ...


Porter Airlines and Aimia form new Aeroplan points partnership deal

Takeover negotiations between Aeroplan operator Aimia Inc. and Air Canada have broken off hours before the midnight deadline Thursday. Porter's existing VIPor...


WhatsApp launches new tools for business

The move will allow its owner, Facebook , to make money from WhatsApp , which has lacked a revenue stream since dropping subscription fees. The Twilio API ...


Oil futures steady on market's long-term bearish focus

United States crude inventories rose by 3.8 million barrels last week as exports declined, creating the largest increase in Gulf Coast stocks since March, the...


India's Services Growth Strongest Since Oct 2016

On the price front, input price inflation accelerated to a 4-month high in July, driven by higher food and fuel prices. The IHS Markit/CIPS UK Construction Pu...


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