Finance

Weather: Met Office updates thunderstorm warning for Nottingham

Weather: Met Office updates thunderstorm warning for Nottingham

The mercury is set to hit 35C on Thursday and rise further to 37C on Friday, triggering a thunderstorm warning into the afternoon. There is the potential for thunderstorms to develop during this aft...

by · Finance
Trump & EU Agree On Deal To Lower Trade Barriers

Trump & EU Agree On Deal To Lower Trade Barriers

Trump said the talks would "resolve" both the hefty tariffs the United States had placed on imports of steel and aluminum from the European Union and the tariffs Europe had slapped on US goods in ...

by · Finance
Facebook in freefall as weak outlook stuns market

Facebook in freefall as weak outlook stuns market

It would also wipe his $13.7 billion of gains for the year, leaving him with just less than $70 billion. Facebook on Wednesday reported second-quarter sales and user growth that fell short of ...

by · Finance

Fiat Chrysler's Sergio Marchionne dies aged 66

Italian President Sergio Mattarella: "Marchionne wrote an important page in the history of Italian industry". "I don't care what a tough guy he was to work for, he saved our company", said Cass Burc...

by · Finance
Alphabet Stock Skyrockets on Stellar Earnings Despite $5 Billion E.U. Fine

Alphabet Stock Skyrockets on Stellar Earnings Despite $5 Billion E.U. Fine

In the same quarter past year, Alphabet reported earnings of $8.90 per share, excluding a $2.7 billion regulatory fine the European Union imposed on the tech giant. But it's important to remember ...

by · Finance
Trump threatens more tariffs on US trading partners

Trump threatens more tariffs on US trading partners

While promoting the worldwide negations, Mr. Trump praised his hard-line trade strategy, saying slapping tariffs if the U.S.is treated unfairly is "simple". Speaking at the Heritage Foundation, John...

by · Finance
North Korea Depolarization: Mr Trump says no 'Time Limit'

North Korea Depolarization: Mr Trump says no 'Time Limit'

Her comment is in line with Trump's earlier remarks that there is " no time limit " and "no speed limit" to denuclearize North Korea's nuclear weapons. administration has lowered expectations for fa...

by · Finance
Trump Ups the Ante in the U.S.-China Trade War

Trump Ups the Ante in the U.S.-China Trade War

The outbursts were another crosswind for Wall Street , which struggled to find direction and finished the day a hair's breadth in negative territory. Analysts suggest Beijing is willing to let the yu...

by · Finance
An open letter to Elon Musk

An open letter to Elon Musk

Asked by Australia's Channel 7 News on Monday whether he was considering taking legal action , the British caver Vernon Unsworth quickly replied. Musk responded with a tweet branding Unsworth ...

by · Finance
Amazon rolls out Whole Foods discounts for Prime Day

Amazon rolls out Whole Foods discounts for Prime Day

Prime Day is Amazon's global flagship event created for more than 100 million Prime members in 17 countries, including India. Among the " more than one million deals worldwide" Amazon is pro...

by · Finance
Shares slide amid escalating U.S.-China trade tensions

Shares slide amid escalating U.S.-China trade tensions

The foreign ministry described Washington's threats as "typical bullying" and said China needed to counter-attack to protect its interests. A four-day winning streak for the S&P 500 ended as the...

by · Finance
Iran tells Trump his tweets raised oil price

Iran tells Trump his tweets raised oil price

They say this is to create greater stability in the market and the domestic economies of member states and to ensure a fair return for investors in the oil industry. Matthew Smith, the director of c...

by · Finance
China says it rejects ‘threats and blackmail’ ahead of tariffs

China says it rejects ‘threats and blackmail’ ahead of tariffs

Speaking at a weekly news conference, Chinese Commerce Ministry spokesman Gao Feng warned the proposed United States tariffs would hit global supply chains, including foreign companies in the world's ...

by · Finance
A Favorite Has Emerged For Soon-To-Be Free Agent Dwight Howard

A Favorite Has Emerged For Soon-To-Be Free Agent Dwight Howard

One might expect LeBron James' imminent move to the Los Angeles Lakers would give Kawhi Leonard even more reason to push for a trade to the Lakers, but the opposite may prove true. James' managem...

by · Finance
Leftist Lopez Obrador Wins Mexico's Presidential Election

Leftist Lopez Obrador Wins Mexico's Presidential Election

With almost three-quarters of the ballots counted, Lopez Obrador had about 53 per cent of the vote - the most for any presidential candidate since 1982, a time when the Institutional Revolutionary ...

by · Finance
Walmart’s ‘Impeach 45’ apparel sparks boycott and causes social media stir

Walmart’s ‘Impeach 45’ apparel sparks boycott and causes social media stir

The company also sells a wide range of pro-Trump merchandise, including a substantial number of "Make America Great Again" hats. Walmart has come under fire for selling a set of politically-ch...

by · Finance

Iran to allow private sector to export oil, beat U.S. sanctions

Last week, OPEC countries and other major oil producers that participated in the 2016 Vienna deal agreed on increasing production to one million barrels per day, which is the volume of the countries...

by · Finance
As Toys ‘R’ Us Closes For Good, Workers Campaign For Severance

As Toys ‘R’ Us Closes For Good, Workers Campaign For Severance

The photo shows the giraffe in an empty Toys "R" Us, holding a suitcase and waving goodbye. It's been a rough year for Toys "R" Us, whose founder Charles Lazarus died aged 94 on March 22, the same d...

by · Finance
Trump Threatens Harley-Davidson Over Plan To Shift Some Production Overseas

Trump Threatens Harley-Davidson Over Plan To Shift Some Production Overseas

The Thailand plant had no connection with the closure of the Kansas City facility, Harley-Davidson Chief Executive Matt Levatich told Reuters in an interview in February. Trump says he's getting other...

by · Finance
Trump denies he's to blame for Harley-Davidson decision

Trump denies he's to blame for Harley-Davidson decision

All three say they will be forced to close their plants unless they can get relief from the Trump administration's steel tariffs . What is Harley-Davidson doing? Yet, Harley has warned cons...

by · Finance
IN officials react to Supreme Court's online sales tax decision

IN officials react to Supreme Court's online sales tax decision

The U.S. Supreme Court has announced their decision on the S. Dakota v. Wayfair case, overturning the long-standing rule that states could not tax businesses or sellers outside of that state's bor...

by · Finance
NRF applauds online sales tax decision

NRF applauds online sales tax decision

Now, for the first time since 1992, any of the USA states have the right to impose a tax on online shopping. In other words, the plaintiffs have one more opportunity to make any other Commerce Clause ...

by · Finance
Marijuana Bill C-45 Is Passed: Now What?

Marijuana Bill C-45 Is Passed: Now What?

Federal Bill C-45 still needs royal assent before it becomes law, plus eight to 12 weeks for the provinces to get ready for the retail sales of pot. Now that it's passed through both houses of Parli...

by · Finance
Saudi MSCI inclusion will raise foreign stock ownership and boost inflows

Saudi MSCI inclusion will raise foreign stock ownership and boost inflows

Foreigners were net buyers of Saudi stocks in nearly every week this year, with net inflows of about 11.4 billion riyals ($3 billion) as of June 7 on aggregate for 2018, according to data compiled...

by · Finance
Chinese media denounces Trump trade moves as Beijing touts sincerity

Chinese media denounces Trump trade moves as Beijing touts sincerity

Trump's "irrational" move, and stock markets plummeted on fresh fears of a trade war . Although Mr. Trump's audience applauded his comments on tariffs at the annual National Federation of Independe...

by · Finance
As Europe’s Tariffs on U.S. Goods Take Effect, Trump Threatens Retaliation

As Europe’s Tariffs on U.S. Goods Take Effect, Trump Threatens Retaliation

The move confirms a tit-for-tat dispute that could escalate into a full trade war, particularly if US President Donald Trump carries out his threat to penalise European cars. "He's right, we make gr...

by · Finance
Asian markets tumble as Trump tariffs spark trade war fears

Asian markets tumble as Trump tariffs spark trade war fears

The so-called OPEC + group agreed a milestone deal to trim production from January 2017 by 1.8 million barrels a day to clear a global oil glut and shore up low prices. Back in late 2016, OPEC famous...

by · Finance
China cuts U.S. investments by 92% amid escalating trade war

China cuts U.S. investments by 92% amid escalating trade war

The dollar , yen and Swiss franc rose on Tuesday as traders piled into perceived less risky currencies after US President Donald Trump threatened to slap more tariffs on China, fanning a trade ...

by · Finance
Merkel rejects ultimatum on migrants, has two weeks to reach European Union deal

Merkel rejects ultimatum on migrants, has two weeks to reach European Union deal

The threatened collapse of Merkel's coalition government comes as the German people have apparently had enough of open doors and are looking to start sending numerous new arrivals back where they ca...

by · Finance
Elon Musk: Tesla Is a Victim of Sabotage

Elon Musk: Tesla Is a Victim of Sabotage

Tesla (TSLA) stock fell Tuesday, halting a seven-day run, after Chief Executive Elon Musk disclosed an alleged saboteur in the company's ranks and warned short-sellers that their position was going...

by · Finance