Money

China lodges WTO complaint over renewable energy tariffs

U.S. President Donald Trump on Wednesday morning took to Twitter, as he often does, to lambaste some of his favourite targets: the U.S. Justice Department, the ...


Qatar pledges $15 billion of investment in Turkey

Last week, Washington doubled steel and aluminium tariffs on Turkey over its continued detention of U.S. pastor Andrew Brunson . Trump said the United St...


Turkish lira rebounds after Qatar pledges $15 billion

Investors said Albayrak's conference call would test whether Turkey can persuade markets that its monetary policy is not hostage to political influence. Tuesd...


Turkey's Erdogan Threatens Boycott of US Goods

The Turkish currency has lost about 40 percent of its value this year against the USA dollar. Because of the currency storm and the possibility that acces...


Oil tumbles as much as 2% as Oklahoma crude piles up

The U.S. wants to cut Iran's oil export, but everyone, with even a limited knowledge of worldwide affairs, knows that such thing is impossible, the official a...


Former Cagliari goalkeeper Davide Capello survives 30m fall at Genoa bridge collapse

The tender provided for a strengthening of the bridge's pier cables, including those of pier nine, the one that collapsed on Tuesday. Maintenance was "underwa...


Turkey will boycott United States electronic goods over sanctions, says Erdogan

The 2nd Penal Court in İzmir rejected the appeal on August 15 and sent the defendant's petition to a higher court. Turkish President Recep Tayyip Erdogan has ...


Firefighter killed battling largest blaze in California history

There will likely be increased smoke activity in that area today as firefighters work to create a buffer zone. "Fire crews continue working on bringing bring th...


Elon Musk Got 1.4 Million Dollars Richer Because Of A Tweet

In a tweet, Elon Musk , the Tesla's CEO said that he was considering a private deal for Tesla and he had secured funding for the proposal, without providing ...


Markets rattled as Turkish lira dives

On Tuesday, however, the lira recovered some ground, trading at 6.60 to the dollar at 1115 GMT, up around five percent on the day, after having crashed to an al...


Turkish lira pulls back from record low of 7.24, rattles global markets

The central bank surprised markets last month when it left interest rates unchanged despite double-digit inflation and the tumbling lira . Gold, along with o...


Tesla CEO Musk says Saudi fund wants to take company private

The talks between the Saudi fund and Tesla reportedly began before Musk's tweet on August 7. They are the ones who believed in Tesla when no one else di...


White House slams weak Chinese tariff threat, lousy economy

Last Friday, China's Finance Ministry introduced new sets of additional tariffs on 5,207 goods imported from the U.S. worth $60 billion. In July, the USA pu...


Facebook Is Now Asking Banks For Data on Your Spending Habits

But after the Cambridge Analytica scandal and multiple other privacy scandals, even Facebook's current partners may not be willing to trust the company. It's ...


July U.S. Unemployment Rate Falls To 3.9 Percent

The economy needs to create about 120,000 jobs per month to keep up with growth in the working-age population. The Labor Department released the latest jobs n...


China vows to safeguard Iranian nuclear deal

The financial news provider quoted informed officials on Friday as saying that the U.S. had been unable to persuade China to cut Iranian oil imports and that ...


Trump, China trade war: 25% tariff on $200 billion of Chinese import

Mickey Kantor, who was USA trade representative under President Bill Clinton, warned that a trade war with China will take a toll on a us healthy economy that...


Five-day sales tax holiday in Wisconsin begins

If you haven't gone back to school shopping yet, this weekend will be the time to do it. The local tax break on the Second Amendment Holiday will remain in pl...


Apple becomes world's first trillion dollar company

Still, the iPhone maker's stock is still up 2.3% on Thursday, and up 31% over the past year. One of five U.S. companies since the 1980s to take a turn as Wall...


Tesla stock surges as Musk looks to make good with analysts

Tesla shares were up 5 percent at $316.45 in after-market trading on Wednesday. While it's no secret that the Model 3 ramp-up got off to a much slower start th...


Turkey, US in diplomatic row after ministers’ sanctions

Washington then on Wednesday slapped sanctions on Turkish Justice Minister Abdulhamit Gul and Interior Minister Suleyman Soylu. The US blames them for the a...


Trump courting Midwest workers after European Union trade talks

Reaction on financial markets ranged from enthusiasm on stock exchanges to skepticism among currency investors, while commodities experts said Trump's proclamat...


Facebook Shareholders Sue Company as Stocks Tumble

The lawsuit seeks class-action status and unspecified damages. According to Reuters , Facebook is facing yet another legal issue after its recent stock plu...


Facebook is sued after stock plunge 'shocked' market

Investors dumped Facebook shares after the company reported disappointing second-quarter earnings, in which the company warned of a sharp slowdown in sales ...


Heatwave havoc in Britain as 'extreme' temperatures set to climb to 37C

The UK heatwave is set to dial up a notch on Friday, with the Met Office forecasting 37C (98.6F) and issuing a yellow warning for "severe thunderstorms". "The...


EU Announce a Truce in Trade War

Following the meeting at the White House , the pair said the talks would seek to "resolve" USA tariffs on steel and aluminum and Europe's retaliatory duties ...


Zuckerberg Loses $16.8 Billion in a Snap as Facebook Plunges

Facebook shares have increased 23 percent since the beginning of the year, while the Standard & Poor's 500 index has increased 6.5 percent. Facebook's firs...


Fiat Chrysler’s Sergio Marchionne dies after complictions from surgery

It emerged that Fiat Chrysler CEO Sergio Marchionne's successor was far from settled. The Chrysler deal was part of a long-standing campaign Marchionne had ...


Alphabet shrugs off EU's record €4.3bn fine

In the past, Google earned as much as 97 percent of its revenues from ads, but that number has been falling. Google faced a record European Union an...


Donald Trump: 'Tariffs are the greatest!'

The proposal to stabilize farmers, some of whom have watched prices tumble amid ongoing trade disputes, is a recognition that Trump's tariffs are having a short...


US, North Korea to meet on Sunday over war remains

The Singapore summit was mainly about Trump's push to rid North Korea of its nuclear weapons. The US president also accused the past administration of engag...


Stocks waver, dollar slips as traders shrug off trade talk

After overseeing a slide in the yuan of nearly 5 per cent since mid-June, the question for Chinese officials now is whether to turn to other policy measures to ...


Thailand cave rescuer may sue Elon Musk for calling him a pedophile

In a weird series of tweets on Sunday, Musk said he would produce a video proving his submarine would have been able to reach the children and in a commen...


European Amazon workers plan strike for Prime Day

At the Amazon Prime Day Experience Zones, you will be able to experience several new products manufactured by top brands such as OnePlus, Nestle NesPlus, Mark...


United States stocks skid as trade war worsens with new tariff threats

A Commerce Ministry statement said Beijing will use revenue from the higher import duties to "alleviate the impact on enterprises and employees" but gave ...