Finance

Trump, China tariff trade war: states with most imports from China

From fuel and steel products to automobiles and medical equipment, China is slapping additional tariffs of 25 percent on 16 billion dollar's worth of US imports...


Elon Musk sued over tweets, going private proposal

His personal stake in Tesla is nearly 20 per cent. Musk has not offered evidence that he has lined up the necessary funding to take Tesla private, and the com...


Trump Praises Mexico, Blasts Canada on Twitter

But he threatened Canada with auto tariffs if the US and Canada can't forge a deal. But the US negotiators do not want to apply the same guarantees to new Mex...


Energy executives lament Trump tariffs as costs rise on pipeline projects

The lira slid to a fresh record low against the USA dollar. Turkey came in sixth place among the countries the US imported steel from a year ago, while Turk...


Geely could invest nearly $2B to turn Lotus into a Porsche rival

The investment plan includes adding production facilities and research centres, according to an unnamed source familiar with the matter. Reports out of China ...


Tesla board mulls over Elon Musk's bid to take the company private

What's more, Musk indicated that he had already secured funding for such an eventuality. Institutions negotiate a set price for the stock with SpaceX based ...


Crocs closing last of its manufacturing plants

The shoe brand said it will be shutting down a factory in Mexico and another in Italy as it outsources production in the hunt for greater profits. The com...


Trump Threatens Tariffs on Canadian-Made Cars

You'll see China continue to struggle. But he reiterated his threat that tariffs on auto imports could be in store for the USA neighbor to the north: "Canada ...


Monsanto ordered to pay $289m damages in Roundup cancer trial

Johnson's doctors testified he is unlikely to live past 2020. He added that the verdict sent a "message to Monsanto that its years of deception regarding Roun...


Stolen plane crashes after 'unauthorised take-off' from Seattle airport

Instead, the sheriff's office said the cause of the crash could have been either the pilot's inexperience, or his decision to pull mid-air stunts during his sho...


Turkey Lira crisis in pictures: Locals sell wealth to save currency

GDAXI index fell 2 percent, underperforming the broader market, while Milan was the hardest-hit major European index and lost 2.5 percent, its lowest level sin...


Erdogan tells Turks to buy plunging lira as Trump turns the screws

Trump tweeted on Friday that he would be doubling existing tariffs on steel and aluminum imports from Turkey. The Turkish lira plunged 20% Friday after ...


Algeria supports Saudi Arabia in its diplomatic row with Canada

Germany and Sweden previously were targets of Saudi backlashes for calling out the kingdom over human rights abuses. Ottawa also planned to reach out to regiona...


Donald Trump Authorizes More Steel and Aluminum Tariffs on Turkey

He continued: "A painful admittance that his powers are outmatched by the forces of markets and that he may have misjudged the economic situation may be a lot t...


Soaring Prices, Lack of Supply, Hampered Existing-Home Sales in Q2

After the second-quarter price gains, two metros now chart median home prices in the $1 million range-San Jose, California, at $1.4 million and San Francisco-Oa...


QUICK TAKE: SEC Cautious On Bitcoin ETF

The decisions are set to be made by September 15. Hong Kong: The 2018 selloff in cryptocurrencies plumbed new depths on Wednesday after the US Securities ...


Bitcoin, Ethereum, Ripple, EOS, Litecoin

The daily chart of BTC/USD indicates that the price broke the 50% Fibonacci retracement level of the last significant upward move from the $6,096 low to $8,...


Inside IKEA Hyderabad store on opening day: Band, baaja, bedlam

Some 380 million Indians, a population bigger than the entire USA, will join the middle class in the seven years through 2022. The Swedish furniture giant jus...


Australia's Biggest Bank Launches World's First Blockchain Bond With World Bank

The foreign bonds which are issued in Australia in its local currency is known as the Kangaroo bond. The new global bond, which was developed by the CBA Blo...


Tesla’s Model 3 production head has returned to Apple

Doug Field is a very experienced engineer, having enjoyed spells at Segway from 1999 to 2008 as VP of design and engineering as well as becoming the company's C...


Electric scooters for rent now welcome on Louisville streets

City spokesman Chris Hernandez, however, said the no-ride edict was a business decision made by Bird. The electric-scooter startup model involves dropping hun...


Trump doubles tariffs on Turkish steel and aluminum, says relations 'not good'

Turkey's lira plunged as much as 14 percent on Friday as worries about President Tayyip Erdogan's influence over monetary policy and worsening USA relations s...


McDonald's mobile customers get chance to win food for life

The McGold Card doesn't necessarily mean unlimited food, however. According to the fine print, the victor can collect two free meals per week for 50 years. "McD...


Hargreaves Lansdown gains 137000 customers in a year

For trading platforms like Hargreaves Lansdown , however, it's the business inflows that can make or break the results day reaction and while net new business ...


Recep Tayyip Erdogan tells Turkey to 'trust in God' as lira falls

The Turkish lira has fallen to a new record-low this morning, as much as 12 per cent in one day, amid the souring of diplomatic relations with the U.S. As inv...


Record low interest rate rolls into its second year

There are few signs that the current trade dispute between the US and China will be diffused, as US President Donald Trump and Chinese state media have been r...


US Will Sanction Russia After UK Nerve Agent Attack

He added that the new sanctions amount to "inflicting a punishment in the absence of a crime in the tradition of lynch law". He went on to describe it as a "k...


Chinese newspaper mocks Trump's claim of winning trade war as 'wishful thinking'

China responded on 3 August with a threat to slap USA's exports to China worth $60 billion with a tariff ranging from 5% to 25%. USA companies are putting in ...


Dutch Ryanair pilots plan Friday strike as carrier takes union to court

Ryanair has so far cancelled 20 Irish flights, 104 Belgian flights, 22 Swedish flights and 250 German flights scheduled for Friday so far. It is understood th...


Could Canada’s ‘human rights first’ foreign policy cost billions?

The Saudi central bank and state pension funds have instructed their overseas asset managers to dispose of their Canadian equities, bonds and cash holdings "no ...


Dubai tourist who accrued Dh170,000 fines still has the supercar

However, speaking to MailOnline, Farah's brother Adman claimed the firm came to the Briton's hotel to demand he hand over the passport and called the fine "ridi...


Japanese automakers Suzuki, Mazda and Yamaha admit false emissions data

The growing list of improprieties has tarnished the image of the country's manufacturing industry, known for high-quality, efficient production. According to ...


Homebase closes 80 stores putting 1000 jobs at risk

CVAs are a controversial insolvency mechanism that have been used by several prominent retailers this year, including Carpetright, Mothercare and New Look. Home...


Everything to know about Ikea's first store in India

Not only that, 20% of their products will be locally-sourced as well and will be in tandem with Indian choices. A top official of Danube Home had said in May ...


NYC votes to stop Uber's unchecked growth, give drivers a minimum wage

Now the legislation heads for New York Mayor Bill de Blasio's desk, who is expected to sign it. "This action will stop the influx of cars contributing to the ...


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