Reuters Poll: China unperturbed by trade war at the street level

Others said they would continue to buy American but that could change in the future. The 30 percent tariffs announced in January improperly help US producers in violation of WTO rules, the Commerce Ministry said. Another round of USA tariff incre... More..

by | Published 2 days ago
Qatar pledges $15 billion to invest in Turkey
by | Saturday, August 18, 2018

Qatar pledges $15 billion to invest in Turkey

He also urged Brunson to serve as a "great patriot hostage" while he is jailed and criticized Turkey for "holding our wonderful Christian Pastor". The Turkish lira fell 5 percent Friday after the Turkish co...More..

Trade Dispute Between US and Turkey Escalates
by | Friday, August 17, 2018

Trade Dispute Between US and Turkey Escalates

The White House official, speaking to Reuters on condition of anonymity, said "nothing has progressed" thus far on the Brunson case. Although narrowly tailored, those penalties have contributed to a slide...More..

Rupee slumps below 70 against United States dollar
by | Wednesday, August 15, 2018

Rupee slumps below 70 against United States dollar

Mumbai: The rupee plunged to yet another record low on Tuesday breaching the psychological 70 level mark against the United States dollar as concern regarding the currency crisis in Turkey spreading to oth...More..

Tesla directors: 'No formal proposal' to take company private
by | Wednesday, August 15, 2018

Tesla directors: 'No formal proposal' to take company private

Musk disclosed on Monday that he had been in talks with Saudi Arabia's sovereign wealth fund and other potential investors on a plan that would delist Tesla from the stock market. Tesla CEO Elon Musk says...More..

Stolen airliner crashes near U.S. Open venue
by | Tuesday, August 14, 2018

Stolen airliner crashes near U.S. Open venue

But she also said the airport, often known as Sea-Tac, will work on possible security improvements. "Got a few screws loose, I guess", Russell is heard saying in the recording. I wouldn't want to do that-Oh! ...More..

Trump authorizes doubling of steel, aluminum tariffs on Turkey
by | Tuesday, August 14, 2018

Trump authorizes doubling of steel, aluminum tariffs on Turkey

The move raised the duties to 50 percent for Turkish steel and 20 percent for aluminum. That could invite further legal challenges from other countries, who have already filed complaints about the steel and a...More..

S&P 500, Dow end slightly lower
by | Monday, August 13, 2018

S&P 500, Dow end slightly lower

The Nasdaq added 27.09 points, or 0.3 percent . At 10:53 a.m. EDT the Dow Jones Industrial Average . DJI was up 3.07 points, or 0.01 percent, at 25,586.82, the S&P 500 . Shares of trade-sensitive comp...More..

Monsanto is found guilty in Roundup trial
by | Monday, August 13, 2018

Monsanto is found guilty in Roundup trial

Johnson, who appeared to be fighting back sobs while the verdict was read, wept openly, as did some jurors, when he met with the panel afterward. The World Health Organization's cancer research agency cla...More..

Turkey is a 'target of economic war', Erdogan says
by | Monday, August 13, 2018

Turkey is a 'target of economic war', Erdogan says

The dispute between the two North Atlantic Treaty Organisation allies - which reached new intensity over the detention of an American pastor in Turkey - has hammered the lira and also raised questions over ...More..

How India, China and European Union weigh in on US' sanctions on Iran
by | Friday, August 10, 2018

How India, China and European Union weigh in on US' sanctions on Iran

A large-scale naval exercise by Iran last week in the Strait of Hormuz was a designed message to the United States, Army Gen. Joseph Votel said Wednesday. "We don't find the sanctions right either", Turkish For...More..

Elon Musk tweets he may take Tesla private
by | Wednesday, August 08, 2018

Elon Musk tweets he may take Tesla private

They closed at $379.57 - up 11 percent, but far from the $420 price Musk was dangling. Soros Fund Management LLC took a $35 million stake in the 2019 Tesla convertible bonds in May of 2018. At the time , Tes...More..

At peak of European heatwave, Portugal battles wildfire, power outage
by | Sunday, August 05, 2018

At peak of European heatwave, Portugal battles wildfire, power outage

Residents and tourists in Portugal and Spain stayed in the shade or flocked to the beach Saturday as southern Europe sweltered in a heat wave that has produced near-record temperatures and threatens to stic...More..

Conor McGregor-Khabib Nurmagomedov Booked for UFC 229
by | Sunday, August 05, 2018

Conor McGregor-Khabib Nurmagomedov Booked for UFC 229

McGregor, who once held two titles in the UFC , led a band of associates into Barclays Center in Brooklyn in April and vandalized a bus occupied by Nurmagomedov and other UFC fighters. The UFC fighter is a...More..

Turkish lira skids past 5 to dollar on USA sanctions move
by | Saturday, August 04, 2018

Turkish lira skids past 5 to dollar on USA sanctions move

USA media reported there had been a deal with Turkey to free Brunson after Washington's ally Israel released a Turkish woman held on terror charges. Following the meeting, State Department spokeswoman Heather...More..

by | Saturday, August 04, 2018

China threatens tariffs on $60 billion in U.S. goods

The measure was presented as a response to the United States on July 11 imposing a 10 percent tariff on imports of approximately $200 billion from China. Today's new tariffs are set at levels of 25, 20, 10 ...More..

Business Apple becomes first trillion-dollar company
by | Saturday, August 04, 2018

Business Apple becomes first trillion-dollar company

Apple is on the verge of becoming the first public company to reach a trillion dollar valuation, following a closely-contested race with Amazon. iPhone sales grew by 1 percent, but Apple's revenue in...More..

RECALL ALERT: Salads, Wraps From Kroger, Trader Joe’s, Walgreens May Be Contaminated
by | Thursday, August 02, 2018

RECALL ALERT: Salads, Wraps From Kroger, Trader Joe’s, Walgreens May Be Contaminated

A spokesperon said,"This product was available in a limited number of our stores in IL only". The United States Department of Agriculture advised that romaine lettuce in the products might be contaminated...More..

Iowa Republican: $12B bailout is proof that Trump's tariffs hurt farmers
by | Wednesday, August 01, 2018

Iowa Republican: $12B bailout is proof that Trump's tariffs hurt farmers

The EU trades $3.7 trillion worth of goods and services with the rest of the world, four times more than South Korea and more than the United States' $3.5 billion . "We're starting immediately. I'll be i...More..

Facebook loses a record $120 billion in a single day
by | Wednesday, August 01, 2018

Facebook loses a record $120 billion in a single day

The drop translates to a US$119.4 billion ($176 billion) decline in market capitalisation, the largest-ever loss of value in one day for a U.S. traded company. Facebook's shares were worth $629.6 billion Wedne...More..

Apple boosted by selling more expensive iPhones
by | Wednesday, August 01, 2018

Apple boosted by selling more expensive iPhones

During a conference call with analysts, Cook said the iPhone X was the most popular iPhone in the fiscal third quarter, gaining market share around the world. The biggest momentum for Apple continues to be ...More..

McDonald's to offer
by | Tuesday, July 31, 2018

McDonald's to offer "Mac Coins"

The company is celebrating the 1968 national launch of the double-decker sandwich whose ingredients of "two all-beef patties, special sauce, lettuce, cheese, pickles, onions and a sesame seed bun" were seared i...More..

Trump, Juncker announce deal pulling back from US-EU trade war
by | Saturday, July 28, 2018

Trump, Juncker announce deal pulling back from US-EU trade war

Juncker said the European Union "can import more soybeans from the US, and it will be done". "Indiana Farmers Feeling Impact Of Tariffs, Fear More ", Indiana's NPR affiliate reported . The European Union ...More..

Trump Boasted To Farmers He Opened European Market. Europe: No, You Didn't.
by | Saturday, July 28, 2018

Trump Boasted To Farmers He Opened European Market. Europe: No, You Didn't.

Trump has insisted in recent months on the need for the EU to agree to his demands to facilitate USA access to the European market and has threatened to impose tariffs of up to 20 per cent on imports of Europ...More..

Facebook quietly sets up Chinese subsidiary
by | Saturday, July 28, 2018

Facebook quietly sets up Chinese subsidiary

Instead, Chinese users can only access domestic social media sites such as Weibo, Renren and YouKu, which the government can monitor. The company, called Lianshu Science & Technology (Hangzhou), is establishe...More..