Archive | Markets

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Nigeria, two others push OPEC oil output higher

Liberty Chairman & CEO Chris Wright says the Iran sanctions going into effect on Tuesday could have an impact on oil . US West Texas Interm...

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Turkey: Misunderstanding between Trump and Erdogan tanked economy

Turkish President Recep Tayyip Erdogan vowed to boycott American electronics, including Apple Inc.'s iPhone, as he retaliates against Donald ...

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Why the Turkish lira's downfall scares investors

The lira lost 20% of its value versus the dollar on Friday . But the lira has dramatically tumbled since last Friday after the United Stat...

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Corrected: Tesla forms three-member panel to decide on any Musk deal

Musk is going full steam ahead and working with financial advisors Silver Lake and Goldman Sachs as well as receiving legal advice from la...

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London jumps five places in Global Liveability Ranking

While in the past couple of years cities in Europe were affected by the spreading perceived threat of terrorism in the region, which caused heig...

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Mendocino Complex Aug. 13: Ranch Fire continues to grow towards Pillsbury

He's being held on $1 million bail, and faces a maximum sentence of life in prison if convicted. The Ranch Fire was 59 percent contained at ...

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Rupee Crosses 70 Per Dollar! Indian Currency Hits All-Time Record Low

According to news agency PTI , the ongoing currency turmoil in Turkey has dampened investors' sentiments globally. Lira is the national curre...

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U.S. dollar rises to 13-month high against Singdollar on Turkish crisis

The lira hit a record low of 7.23 per dollar late Sunday after Erdogan remained defiant in his economic policies and the standoff against the Un...

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Saudi Arabia looks to invest big in Tesla

While Tesla CEO Elon Musk teased last week about taking the company private , several suitors may have already been courting the electric...

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

Those guys will rough me up if I try and land there", Russell responded, later adding "This is probably jail time for life, huh?" Later on the...

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Tesla CEO Musk taunts short sellers amid legal scrutiny

Musk, often the center of controversy, did not prove he had the funds to finance the operation - despite tweeting "funding secured". Elon Mu...

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Turkey says extra US tariffs against rules of WTO

Iran has also suffered from a major tumbling of its currency this year partly over reimposition of USA sanctions after Trump abandoned a 201...

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US Market Indexes Close With Losses on Friday

For the week, the Dow Jones reported a loss of 0.6%, the S&P 500 reported a loss of 0.3% and the Nasdaq Composite gained 0.4%. The Toron...

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Suicidal´ airport worker steals, crashes empty plane from Seattle airport

He crashed the plane in a wooded area of Ketron Island , 25 miles south of Seattle-Tacoma International Airport. North American Aerospace Def...

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Investors really aren't buying Musk's plan for Tesla

This followed after Elson halted all the stock marketing on Thursday. The hedge funds betting on a slump in the Tesla share price are holding ...

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Local pilot reacts to stolen Horizon airplane

After a ride full of unsafe loop-the-loops moves and freaky conversation with the air traffic controllers , Richard wasn't able to land safely ...

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Chinese tariffs on United States gas exports may shift global market

Meanwhile, the Chinese Ministry of Commerce said it must retaliate against the US tariffs "to defend the nation's dignity". Through the first si...

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Monsanto asked to come clean on potential glyphosate cancer link

In its decision Friday, the state court jury found the agribusiness giant failed to adequately warn of the risks of using Roundup. "Hopefully th...

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Bitcoin Price Analysis: BTC Price Testing Last Line of Defense Before $6,000

Moreover, it coincides with the 88.6% Fibonacci retracement level of the last significant upward move from the $6,096 low to $8,510 swing high. ...

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SEC Bitcoin (BTC) ETF Delay Causes BTC Price to Drop

More specifically this involves the CBOE as the decision involves a proposed rule change to allow for said listing. According to data from ...

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50,000 passengers expected to be affected by airline strike

But Ryanair insisted in a statement that 'there will be no cancellations (of flights to and from the Netherlands) as a result of the unnecessary...

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Energy executives lament Trump tariffs as costs rise on pipeline projects

For a start, investors are anxious that Turkish companies that borrowed heavily to profit from a construction boom may struggle to repay loans i...

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Turkey unveils new economic plan

He said he had authorized higher tariffs on imports from the United States' NATO ally, imposing duties of 20 percent on aluminum and 50 perc...

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NYC sets limit on Uber and Lyft vehicles

Mayor Bill de Blasio and Corey Johnson, the City Council speaker, say the bill will help cut down on the amount of congestion on the streets of ...

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China to slap additional tariffs on U.S. goods

Last week, China proposed additional tariffs on another $60 billion of USA goods after Trump raised planned tariffs on $200 billion worth of Chi...

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USA to impose $16 billion import tariffs on China

The latest charge comes after the USA said it would implement another round of tariffs on $16 billion worth of Chinese goods. The U.S. announc...

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Tesla board mulls de-listing plan

They said this "included discussion as to how being private could better serve Tesla's long-term interests". "The board has met several times ...

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Oil prices rise amidst U.S. sanctions against Iran

Goldman Sachs insists we are heading for a "very, very tight oil market". Futures in NY were little changed after a 0.8-percent increase on Mo...

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Snapchat's new design is driving users away in bunches

However, there was positive news elsewhere in the results as parent company Snap Inc reported revenue of 262.2 million dollars (£202.6m), up 4...

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China hits back at United States with $60bn tariff threat

The US trade deficit - the gap between exports and imports - widened by 7.3% to $46.3bn in June. "China is not delivering, OK?" Speaking just ...

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