Money

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 ...


Trump To OPEC: 'Reduce Pricing Now!'

Trump, meanwhile, clearly thinks they should be stabilized at a significantly lower level. Those who don't comply could face United States sanctions as part...


China: 'We're Ready to Retaliate Against US Tariffs'

As an example, Chinese companies are reselling USA soybeans, and Chinese companies are expected to cancel most of the remaining soybeans they have committed to ...


A lot of Clevelanders are buying LeBron James' Lakers jersey

After much speculation and discussion, LeBron James has signed with the Los Angeles Lakers on Monday, July 2 (Manila time). Could even more interesting add...


Reports Show Lopez Obrador With Landlside Win in Mexico Election

All had Lopez Obrador winning more than 40 percent of the vote in the single-round race, well ahead of his rivals. From 1996-99 he served as the national pres...


Twitter users call for Walmart boycott over ‘Impeach 45’ clothes

Walmart hasn't responded to media inquiries seeking a response to the boycott threats. Such sellers can sign up to advertise products on Walmart's website , an...


Prepared to work with nations that are reducing oil imports from Iran

The president, in an interview with Fox News's "Sunday Morning Futures with Maria Bartiromo also piled pressure on close USA allies with a threat to sanction ...


A final good-bye: Toys R Us closes its doors forever

In the wake of this historic retail event, a photo of the store's mascot, Geoffrey the Giraffe, standing in an empty store with a suitcase, is going viral ...


Trumped revved up over Harley Davidson

Trump says on Twitter, "We won't forget, and neither will your customers or your now very HAPPY competitors!" The president then claimed employees and custome...


Harley-Davidson moving some production overseas after retaliatory tariffs

Europe implemented tariffs on the imports of United States goods, including motorbikes and bourbon, in response to Donald Trump's tariffs on steel and alu...


Supreme Court ruling says states can now tax online purchases

By overturning a ruling that had made much of the internet a tax-free zone, the court delivered a victory to South Dakota and effectively blessed its model of c...


Realtors® Commend Supreme Court Decision Promoting Fairness Between Online, Main Street Businesses

Wayfair , which sells home goods, came in for a lashing from Justice Anthony Kennedy , who wrote the majority opinion . "I'd much rather have people buy their...


Legal pot gets green light after Canadian senators sign off

Prime Minister Justin Trudeau and his cabinet will choose the specific date on which the law will take effect , and legal sales are expected to begin within ...


Saudi Arabia could see potential $10bn windfall from MSCI upgrade

Foreigners are already net buyers of Saudi stocks, having poured in $3 billion this year through June 7, according to data from the stock exchange and compile...


Trump threatens additional tariffs on $200 billion of Chinese goods

The dollar fell against the yen in early Asian trade on Tuesday after U.S. President Donald Trump's threats of more tariffs on China raised worries abou...


European Union says it will start to impose tariffs on USA on Friday

The total amount of United States goods exported to China amounted to only US$130 billion (S$177 billion) a year ago, meaning that Mr Trump's potential tariff...


OPEC braces for tough Vienna talks on hiking oil output

But it's Iran and Venezuela-founding OPEC members and those most affected by US sanctions and unable to boost production-that are most vehemently opposing an in...


China says new tariffs are an act of 'blackmail'

The United States and China are sinking into a deepening trade conflict as President Trump threatened this week to impose an additional ten percent tarif...


German Chancellor Angela Merkel's leadership under threat over migrant policy

At a meeting of the CSU leadership in Munich , the Bavarian party agreed to push for a policy on turning away migrants who had earlier been banned from German...


Stocks go nowhere after European Central Bank signals steady rates till next summer

Asian shares wobbled on Friday as investors braced for USA tariffs against China, while the euro flirted with two-week lows after a cautious European Centra...


Wins O'Hare Airport train contract

The Chicago and Los Angeles projects come as Musk wrestles with production problems for the rollout of his highly anticipated Model 3 sedan at Tesla TSLA.O , ...