Finance

Donald Trump threatens 20% tariff on all European cars

Daniel Gros, director for Economy and Finance at the Centre for European Policy Studies, said that in a trade war everyone stands to lose, but the U.S. Trump'...


Supreme Court rules states can force online retailers to collect sales tax

Officials in New Hampshire, which doesn't have a sales tax, say the decision could force its businesses to collect taxes for other states. "E-commerce has g...


OPEC discussing oil output increase to contain energy costs

Saudi Arabia and Russian Federation on Thursday used a pre-OPEC meeting in the Austrian capital to float a proposal of bringing an extra one million barrels eac...


Markets Right Now: Stocks rise as trade war fears ease

The battle between Trump and Beijing has kicked into high gear over the past week. But the more the target list expands, the more likely consumers will b...


China Has ‘Much More To Lose’ In Trade Dispute, Says White House

That would bring the total number of Chinese goods subject to tax to $450 billion, nearly 90 percent of all the goods the USA imported from that country previ...


Google is investing $550 million into Chinese e-commerce site JD.com

The deal gives Google a path into the Chinese e-commerce market and does the same for JD.com in the USA and Europe. JD.com is locked in a heated battle for cust...


Audi chief Rupert Stadler arrested in diesel emissions probe

Audi CEO Rupert Stadler has been arrested on suspicion of fraud in relation to an emission scandal , which had marred its parent company Volkswagen's image. ...


European Central Bank calls halt to quantitative easing, despite 'soft' euro

That provided extra support for the notes, which have been boosted by more euro-friendly rhetoric from officials in Italy's newly formed government. That jolt...


To build express line to Chicago's O'Hare

The Boring Company says it will shoulder the financial burden of the project, which will be "100% privately funded". Chicago is expected to announce the vi...


Two men shot, killed in officer-involved shooting in downtown Kansas City

She said during a news conference that it was "very possible" the deputies were shot "with their own firearm" as they were transporting detainees in a gated are...


Pipeline outages: Nigerian oil output takes a plunge

It is the second time Trump has used Twitter as president to blast high oil prices and point the finger at OPEC. The volume reflected higher production from...


White House aide apologises for 'special place in hell' comment

If Donald Trump was counting on Justin Trudeau to bend to US trade demands after a series of verbal attacks on the Canadian prime minister, it's not working...


Domino's Repaves Roads to Save Pizza

Do potholes really burn you up? Domino's Pizza is offering to help fill them in. Domino's home state of MI could probably use some help, too. Domino's has...


A US Federal Judge Has Approved The AT&T-Time Warner Merger

AT&T Inc . won approval from a USA court on Tuesday to buy Time Warner Inc for US$85 billion, allowing AT&T to compete with internet companies that dominate...


Dennis Rodman to Travel to Singapore for North Korea Summit

Pompeo appeared to address that sort of North Korean concern on Monday, saying " President Trump recognizes Chairman Kim's desire for security and is prepared ...


The end of net neutrality is here

But net neutrality supporters say that without the rules, the industry will be able to wield an alarming amount of influence over the internet. Although the F...


US ready for North Korea nuclear crisis if talks fail

The Trump-Kim summit , which will be held at the Capella Hotel on Tuesday morning, will mark the first time a North Korean leader has met with a sitting Unit...


Verizon picks Hans Vestberg to serve as new CEO

His appointment is likely to surprise some investors who believed Verizon veteran John Stratton would assume the role of chief executive, according to The Jou...


Ghanaian government to dissolve football association after bribery allegations

Mr. Nyantakyi himself resigned hours after he was banned by FIFA and a day after government expressed intention to dissolve the association he heads. The cond...


Warren Buffett, Jamie Dimon: Quarterly profit forecasts hurt economy

Warren Buffett and Jamie Dimon are doubling down on their plea for corporations to stop providing quarterly earnings guidance. Buffett and Dimon announc...


Google outlines their principles and objectives for using Artificial Intelligence

While Google has stated it will not use its technology in the development of weapons, Pichai said they will continue to work with governments on other projects....


Trudeau insists his defence of supply management has prompted Trump's tweets

Macron said he and Trudeau discussed their "common vision of the world", adding that "this period is marked by great challenges" - part of their pre-G7 united f...


Tesla Teases Model Y Compact SUV

In addition to the usual company presentation on operations and a likely Q&A session for investors, the most pressing issue on the agenda is a vote to require t...


China Vows to Protect Its Interests From 'Reckless' US Trade Threats

The list will include $50 billion of imports that will face a 25 percent tariff. According to a ministry spokesman, Gao Feng, the White House proposal to rest...


Trump tweet on jobs report may have breached a 1985 federal directive

The White House's Council of Economic Advisers briefs the president on the jobs numbers the afternoon before they are released. The May jobs report showed t...


Visa says it is suffering service disruption in Europe

This has left some customers unable to use their cards to make payments for goods and services in shops and at tills. Some non-Visa branded cards could also b...


Singapore Airlines to launch world's longest commercial flight

Singapore Airlines is the latest to enter the fray with a 9,535-mile flight from Singapore to NY. SIA will launch the longest commercial flight between Si...


Euro recovers on the back of strong eurozone inflation figures

In Spain , political vacuum looks set to be averted as Pedro Sanchez was nearly certain to become Spain's new Prime Minister after his socialist party secu...


Amazon blocks Australia from global sites over tax

United States giant Amazon, which operates the world's largest online retail site, says it will no longer ship to Australian addresses starting from the aforeme...


Markets calmer on signs that Italy may avoid elections

The Five Star and League attempting to form a coalition government, appointing Giuseppe Conte as Prime Minister. After the president turned to Cottarelli to...


OGRA recommends Rs8.37 hike in petrol price

Speaking about the revision of price cut from 60 to 1 paisa , Punjab CM Amarinder Singh said, "Clerical error?" Prices of both petrol and diesel were cut...


Federal government will purchase Trans Mountain pipeline for $4.5B

To do so, Canada will pay the pipeline's current owner, Kinder Morgan , $4.5 billion in Canadian dollars - about $3.5 billion in USA currency. He added Ottaw...


North, South Korean Leaders Vow To Meet ‘Frequently’

US President Donald Trump on Sunday confirmed that a US official team had arrived in North Korea to talk about the preparation for a summit between him and ...


Golden retriever gives birth to eight puppies in airport

Proud papa, "Nugget", was also on hand for the memorable moment. Photos and a video of the incident were uploaded on the fire department's Twitter page under ...


Oil Mixed on Possible OPEC Production Increase, Higher Crude Stockpiles

The API also reported a build in gasoline inventories for the week-ending May 18 in the amount of 980,000 barrels. USA refineries produced about 10 million ba...


"India to take a 'long-term" view on fuel pricing - minister

But, there is nothing much our government can do in the given situation because it cannot cap the prices of petrol and diesel , revised daily amid rising crude...


Trump on National Football League protesters: 'Maybe you shouldn't be in the country'

Trump said he objected to a provision in the new policy that will allow players to stay in the locker room while the song is played, but added: "Still, I thi...


Pompeo declares U.S. will 'crush' Iran allies

Pompeo's vision: On Monday, US Secretary of State Mike Pompeo demanded all signatories negotiate a fresh treaty that would encompass not only Iran's nuclear pr...


Trump Considering Tariffs on US Auto Imports, Source Says

Applying the tariffs under Section 232, meanwhile, would require a lengthy investigation and report from the U.S. Commerce Department. The Wall Street Journa...


Voices raised for Manchester bomb dead

One year on from the attack, Prime Minister Theresa May leaves a message on a "Tree of Hope" in Manchester. Andy Burnham, the mayor of Greater Manchester ,...