Money

Trump says he rejected meeting with Justin Trudeau

Lighthizer said the USA wants to see the three-way pact stay intact and remains committed to keeping Canada in the deal now or to let it join later. This will a...


Trump tariffs: Higher prices possible for these products

A new round of US imposed duties on $200 billion worth of Chinese goods, and a retaliatory set of tariffs imposed by Beijing on $60 billion worth of USA goods...


Amazon considering opening 3,000 ‘cashierless’ stores

Amazon opened its first cashierless store in Seattle two years ago (pictured) and has launched two additional locations in Seattle and another in Chicago. Am...


The Coca-Cola Co linked to cannabis drinks move

Shares of Aurora were up almost 17 percent on the Toronto Stock Exchange on the report . Reports from Bloomberg indicate that Atlanta-based Coca-Cola may b...


China says Trump forces its hand, will retaliate against new US tariffs

The United States has announced fresh tariffs on $ 200 billion (€171 billion) of Chinese goods, spooking markets anxious about an escalating tit-for-tat tr...


Trump Makes False GDP Claim, Reports 'Fox Business'

Gasparino responded with a mix of snark and anger. Following last Friday's blockbuster August jobs report, and with nail-biting midterm elections less than ...


Trudeau Suggests Trump’s Behaviour Is Why Canada Needs Chapter 19 In NAFTA

Canada and the U.S. need to present an agreed-upon text to the U.S. Congress by October 1 in order to join the deal the Trump administration has signed with Me...


Trump Swipes at Obama Speech: ‘I Fell Asleep’

In August, Mr Obama endorsed 81 Democratic contenders in 14 states, emphasising young, diverse candidates running for state-level offices in an attempt to hel...


Trump Remembers Budget Deficit, Announces Federal Pay Freeze - Hit & Run

David Cox, president of the American Federation of Government Employees, the largest federal workers union, issued a statement urging that Congress "follow th...


Trump makes trade announcement at the White House, possibly on NAFTA deal

There is no formal free trade deal between the U.S. and Mexico , only an agreement between the two countries on how to resolve key issues in their trade relati...


Trump slams FBI's Clinton email investigation

Cohen pleaded guilty on Tuesday to tax evasion, campaign finance violations and bank fraud. The Enquirer endorsed Trump for president in 2016, the fir...


Turkey's president says country will defy economic threats

Turkey's lira fell again after trade minister Ruhsar Pekcan said her government would respond to any new trade duties, which Donald Trump threatened in an ove...


Turkey reiterates refusal to release detained USA pastor

U.S. Treasury Secretary Steven Mnuchin told Trump in cabinet on Thursday that more sanctions were ready if Brunson were not freed. Many countries have b...


Stocks close lower amid Turkish currency crisis

Turkish President Recep Tayyip Erdogan gas called for a boycott of iPhones other United States electronic goods in a fiery speech . Showing no signs of ...


Security alert at Seattle's SeaTac airport after plane took off without permission

An air traffic controller could be heard saying: "Right now, he's just flying around, and just he needs some help controlling his aircraft". A number of viewe...


Erdogan warns US risks losing Turkey as strategic partner

Turkish Lira to 2018 lost about 40%. Erdogan, speaking to political supporters in the Black Sea resort of Trabzon, said, "The aim of the operation is to ...


Markets Now: Dow Drops 105 Points as Turkey Finally Matters

The Russell 2000 is up 17.52 points , or 1 per cent. S&P 500 futures have fallen 0.5%, while Dow Jones Industrial Average futures have declined 105 point...


Iran Scrambles to Ready Economy for US Sanctions

A mechanism has also been opened to allow European Union businesses affected by the sanctions to sue the U.S. administration in the national courts of member ...


McDonald's launches its own global currency

McDonald's is giving away free Big Macs as the company celebrates the 50th anniversary of its signature burger. According to the Chicago-based fast-food chai...


U.S. grows at fastest pace since 2014 gains

He said if the economy continues to grow at this rate, it could double in size 10 years faster than it would have under Presidents Barack Obama and George W. ...


Trump calls for quick NAFTA deal in letter to Mexico president-elect

Negotiations to reshape the 1994 trade accord were launched last August at the behest of U.S. President Donald Trump , who blames NAFTA for the U.S. trade defi...


Republicans Say Trump's Farmers Bailout Will Not Work

Trump indicated both sides agreed to halt for now tariffs that threatened to devolve into a trade war as negotiations proceed, and said the European Union ...


Donald Trump downbeat ahead of trade talks with EU

The plan will take effect around Labor Day, with the $12 billion total "calculated to match the estimated $11 billion of economic damage that retaliatory tariff...


China says threats, intimidation on trade will never work

While it does let market forces play a role, China keeps the yuan within a narrow trading band that its adjusts daily and is widely known to intervene, which ...


Tesla hits 200,000 cars, meaning a lower tax credit for EV buyers

Musk was in China to discuss the plan to build Tesla's second factory with an annual capacity to build 5 lakh cars. Sales reports show that the company pull...


Trump’s order for OPEC to reduce prices is insulting - Iranian oil minister

EDT (1600 GMT), still in sight of Tuesday's 3-1/2-year high above $75. The American Petroleum Institute, an industry body, was said to report that stockpiles ...


Iran's President Rouhani is visiting Austria and Switzerland

It's a high-stakes test of American leadership, the first of its kind for the Trump Administration's Iran strategy. "Rouhani will need to press the Europeans fo...


Germany’s Angela Merkel faces off with allies over migration

Among the proposals is a plan to send back to Austria asylum seekers arriving in Germany who can not be returned to their countries of entry into the Europe...


Mount Agung: Jetstar and Indonesia AirAsia to resume flights

More than 20 flights across Jetstar, Qantas, Virgin and Air Asia were disrupted between Thursday night and this morning due to the ash cloud moving toward Denpa...


President warns Harley-Davidson: 'We won't forget'

President Donald Trump is denying that his trade policy is responsible for Harley-Davidson's decision to some motorcycle production overseas. European Union ...


Trump Attacks, Threatens Harley-Davidson for Moving Production to Europe

Mary Lovely, a senior fellow at the Peterson Institute for International Economics, and Yang Liang, a graduate associate at the Moynihan Institute of Global Aff...


Turkey What's next for Turkey following Erdogan's election win?

Turkish President Recep Tayyip Erdogan has won a new five-year term and will enjoy sweeping new powers after his victory in an election that global monitors sa...


OPEC strives for new deal as Iran still wary of output hike

At the end of a day of diplomatic back-and-forth in Vienna on Wednesday, delegates were increasingly positive that a deal would be reached at Friday's meeting...


OPEC reaches deal to raise oil output

But the joint communique did not spell out how the additional barrels would be divvied up, a key issue given Iran's insistence that cartel members should not ...


Google to invest $550 million in China e-commerce giant JD.com

The company said Monday it will invest $550 million in JD.com, a leading Chinese e-commerce company also known as Jing Dong, to provide consumers easier optio...


Audi chief arrested over emissions

According to a report by BBC , Munich prosecutors said that Audi's chief executive is being held "because of a risk that Stadler might seek to suppress evi...


AT&T approval boosts stocks of possible merger targets

The merger's approval was a stinging defeat for the Justice Department, which could move to appeal Leon's ruling . Announced in October 2016 , the deal wa...


Cryptocurrencies tumble after South Korea hack

However, by April 2018, the data show the amount held by investors - about 6m bitcoin - was much closer to the amount held by short-term speculators, with 5.1...


Trump Throws Allies Curveball, Proposes G7 'Zero Tariff' Trade Zone

On Saturday, Trump repeated his desire to have a sunset clause in an updated NAFTA deal, a demand that Canadian Prime Minister Justin Trudeau has rejected. 'I...


ZTE settles US Commerce Department sanctions case, to pay US$1 billion

President Donald Trump surprisingly announced his intention to help the beleaguered Chinese company which we covered here last month . ZTE relies on USA part...