Archive | Markets

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Saudis agree to pump more oil

The oil industry in the Middle East is undergoing some major changes in their business structures as U.S. President Donald Trump's tariffs on ...

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Trump risks '£294bn' trade tariff reprisals

European Union threatens to retaliate in growing trade war, if the United States places tariffs on European cars, the FT reports. "Combined wi...

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Treasury chief Mnuchin denies report that Trump wants to exit WTO

It would totally (screw) us as a country", a source who's discussed the subject with Trump told Axios . The source went on to quote the presi...

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Business groups warn that auto tariffs could kill United States jobs, hurt economy

GM filed its statement Friday to the Department of Commerce in response to President Donald Trump's call for the department to investigate w...

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Trump says Saudis must compensate for drop in Iran oil supply

Iran on Sunday asked fellow OPEC members to "refrain from any unilateral measures" to increase oil production beyond the 1 million additiona...

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Tesla Builds 5000 Model 3s In The Final Week Of June

In an email sent to employees, Musk said that the company had reached its production target for the Model 3 and is aiming to produce 6000 Mode...

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Gareth Southgate defends resting England players for 'biggest game for a decade'

Theresa May is back in Brussels today for a summit of European Union leaders, just hours ahead of a clash between England and Belgium on the ...

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Miraculous' sea rescue of man who went overboard

The crew member is being treated on board the Carnival ship, which is now heading to Cozumel, Mexico. The Coast Guard has stated that the yet ...

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Saudi king said will boost oil output if needed: White House

The telephone exchange is another sign of how US-Saudi ties have improved under Trump compared with the Obama administration, which alienated th...

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Amazon building network of delivery contractors

It's also trying to figure out how to move merchandise directly from merchants to consumers to avoid overwhelming its own warehouses with invent...

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Enbridge says Line 3 work may start in November

Much of the discussion at the Line 3 hearings over the past several days has been about whether refineries in Minnesota and other parts of the M...

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Adidas data-security breach could involve "a few million customers"

In the latest cybersecurity incident to impact the footwear industry, athletic giant Adidas has had to inform an unknown number of online shop...

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Trump Says Saudi Arabia Will Increase Oil Production at His Request

Saudi Arabia is the world's largest exporter of crude oil, exporting 7 million barrels a day. The Saudi Press Agency confirmed that Mr Trump...

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United States oil prices hit a four-year high over Iran fears

Saudi Arabia could divert extra barrels into storage. Importers of Iranian oil are facing pressure from the United States to find another e...

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Canadians Rally Around Retaliatory Tariffs Aimed At The U.S.

The federal support package includes similar measures to those offered by Ottawa a year ago in response USA duties on softwood lumber products...

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Oil jumps as market anticipates USA sanctions on Iran

Trump wrote on Twitter that he had asked the king in a phone call to increase oil production "to make up the difference ..." Trump is trying...

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Oil Prices, Stocks Jump As US Output Stays Flat, Inventories Plunge

These output losses follow a move by the Organization of the Petroleum Exporting Countries and other oil producers last week to increase suppl...

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Kicked Out Of Toys R Us On Its Last Day?

In the less than two days since Johnpiere posted the image on Facebook, it has been shared almost 300,000 times. People have turned to social ...

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Mazda Condemns Trump’s Proposed 25 Percent Import Car Tariff

Department of Commerce that was published Friday. Toyota filed a separate comment on the proposal, suggesting that the new tariffs would "thre...

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CO2 shortage: Coca-Cola pauses production at some plants

A spokesman said: "We are working closely with suppliers to ensure that alternative products are available and we continue to communicate with o...

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Opposition slams BJP govt for rise in Swiss bank deposits in 2017

He asked the BJP of its promise of bringing back Rs 80 lakh crore of black money stashed overseas and put Rs 15 lakh in every bank account, ...

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Amazon wants to foster small independent delivery fleets

According to the tech behemoth, these delivery partners can accrue up to $300,000 in annual profit. Amazon outlined the program in a p...

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Boeing releases rendering of hypersonic jet

This is a theoretical "hypersonic" plane, capable of flying at Mach 5 or above (a speed of around 3,900 miles per hour) - a considerable upgrade...

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Artist accuses Tesla of stealing farting unicorn artwork

Note: Musk has now deleted all of his tweets regarding this issue - but there are still screen grabs available. History will judge our choices...

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Trump trade chief vows to protect USA interests…

Britain's FTSE 100 lost 0.2 percent to 7,603. Losses were led by China, where Shenzen-listed blue chips sank 2.2 percent to stand a whisker ab...

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New data breach may have exposed info on every USA citizen

Still recovering from Equifax data breach? Troia told Wired that he doesn't know where the data is coming from, "but it's one of the most co...

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If you use Ticketmaster your bank details may have been hacked

They added that the Inbenta product was disabled as soon as the malicious software was discovered. Affected data includes name, address, em...

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Police Surround JFK After Pilot Reported 'Hijacking'

Passengers on board a packed JetBlue plane at JFK Airport in NYC were photographed with their hands in the air as armed police stormed on board,...

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Instagram Lite sneaks into Android

The application is already live on Google Play Store , but you can't just download the app at the moment as it's limited to a few countries. ...

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Chinese tech investment is next target in Trump's crackdown

Defense Secretary Jim Mattis laid out plans for a less contentious, more open dialogue with Chinese leaders as he travels to Asia, less than a m...

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