Archive | Markets

China says it will retaliate after Trump imposes fresh tariffs

In the letter sent earlier this month, Apple said a range of its products would be hit and warned that the proposed tariffs, which could lead ...

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Trump imposes fresh tariffs on $200 billion worth of Chinese goods

The Trump administration said Monday that tariffs would start at 10 percent next week and increase to 25 percent starting January 1. Apple had...

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Trump imposes tariffs on $200B more of Chinese goods

The trade war was initiated by Washington's 25 percent tariff on 34 billion dollars worth of Chinese goods in July, . prompting China to h...

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Govt proposes merger of Bank of Baroda, Dena and Vijaya Bank

Finance minister Arun Jaitley said the government had been careful in not merging weak banks. Banking sector reforms are a major plank of Pr...

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China to cancel talks if Trump moves ahead with tariffs, sources say

If China does retaliate, Trump threatened to add a further US$267 billion (NZ$406 billion) in Chinese imports to the target list. In a pair of...

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Trump says cost increases from tariffs are 'almost unnoticeable'

President Trump has signaled numerous times during the past weeks that he could slap additional tariffs on a wide range of consumer goods manufa...

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Coca-Cola to get into the cannabis business? ‘The space is evolving quickly’

Aurora was up more than 15% in early trading Monday following the report . Now it's being reported that Coca-Cola is next to get involve...

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India's oil imports from Iran to decrease further

Under pressure from U.S. President Donald Trump to lower oil prices , the Organization of the Petroleum Exporting Countries and allies agre...

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Time Magazine Sold To Salesforce Co-Founder Marc Benioff For $190M

Marc Benioff , co-founder of the cloud computing company Salesforce.com, and his wife Lynn Benioff are purchasing the publication, they confirme...

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Karnataka Declares Rs 2/Litre Cut For Petrol, Diesel As Fuel Prices Soar

In Mumbai, the petrol price is at Rs 89.01 per litre after it increased by Rs 0.34 per litre while the diesel price is at Rs 78.07 per litre w...

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Bank of England set to hold rates amid Brexit uncertainty

The EU, as a whole, remains Britain's biggest export partner and the British economy relies heavily on money and workers from the bloc. Though...

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Mangkhut leaves death, destruction and chaos from Philippines to China

Rescuers are resuming work to find people feared trapped by a landslide in a Philippine gold-mining area that was pounded by wind and rain from ...

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Canada cannabis entrepreneurs 'could face U.S. lifetime ban'

A report by Politico , states that as Canada prepares for legalization on October 17, and while some USA states have eased their pot laws...

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Strawberry needle scare: Contamination affects six brands in Australia

Queensland Strawberry Growers Association last night accused a disaffected former employee of planting the needles inside the fruit. Chantal ...

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FDA declares vaping 'epidemic' among teens

If the plans fall short, the FDA could block sales of the products by enforcing a requirement that companies provide detailed safety and health ...

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How FEMA uses Waffle Houses in disasters

On Tuesday, the breakfast chain posted a picture of the Waffle House Storm Center monitoring Hurricane Florence , which has been upgraded ...

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Volkswagen to end production of the Beetle

Over the years, the Beetle became something of a cultural icon. The Jetta, Tiguan and Beetle are built for North America and other markets...

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US crude stockpiles fell more than expected last week

Still, traders said overall market sentiment was cautious because of concerns over the demand outlook amid the trade dispute between the United ...

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BMW developed a self-driving motorcycle to further its safety efforts

It needs someone to hold it upright until it gets moving. However, the ability of the bike to drive, turn and lean, without a rider, is simply a...

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‘Presidential Alert’: FEMA to test emergency alert system next week

Conducted minutes before a similar alert is slated to be broadcast on radio and television, the inaugural coast-to-coast test of the Wireless E...

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Six strawberry brands recalled as $100,000 reward offered to catch needle saboteur

Among the reports cited by the BBC are a 9-year-old boy who's said to have bit into a strawberry with a needle (he didn't swallow it) and a 21...

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Turkish lira hits new September high amid rate hike speculation

Several emerging markets have confronted the same struggles, dogged by a strengthening US dollar that makes it more hard for countries such as...

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Trump 'orders further China tariffs'

The US President is trying to bring off his trifecta of trade deals after nailing the Europeans and the Mexicans with trade concessions, in the ...

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Amazon's Jeff Bezos to start $2B United States charitable fund

The second will launch a network of "high-quality, full-scholarship" preschools in low-income communities, which a Day One Fund organization wil...

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Bank of England's Carney extends term at helm to Jan 2020

The decision also raises questions about the government's grasp of the Brexit process if Carney's presence is needed to ensure stability, or the...

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China welcomes United States trade talks offer as new tariffs loom

So far, the United States and China have hit $50 billion worth of each other's goods with tariffs in a dispute over USA demands that China mak...

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Freeland to head back to Washington for high-level NAFTA negotiations

Trade Representative Robert Lighthizer . "It is very important to inform" Prime Minister Justin Trudeau in person about the latest developmen...

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Turkey’s central bank hikes rates sharply, boosts lira

President Recep Tayyip Erdogan has appointed himself chairman of Turkey's multi-billion-dollar sovereign wealth fund , according to a decisio...

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States to get Rs 227 billion windfall from rupee plunge, crude spike

Value-Added Tax paid by consumers on final retail price is the highest for petrol in Mumbai at 39.12 percent and for diesel in Telangana at ...

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Trump promises all-out response to Hurricane Florence

The slow-moving storm, the most severe hurricane to threaten the US mainland this year, was located about 785 miles (1,260 km) southeast of Cape...

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