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June jobs report: What to watch for

The reason for the rise in the unemployment rate was "a stampede of people back into the labour force", he said. Remaining slack in the job market could be keeping a lid on wage growth, said Cathy...

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Amidst trade war, 'Made in China' flags for Trump's 2020 poll campaign

Amidst trade war, 'Made in China' flags for Trump's 2020 poll campaign

According to the Central Bank, although Chinese items subject to the additional duty include those sourced from Taiwan, this is not a cause for concern as they are mainly for domestic consumption and ...

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Donald Trump's Tweets Increased Oil Prices By $10, Iran's OPEC Chief Says

Donald Trump's Tweets Increased Oil Prices By $10, Iran's OPEC Chief Says

U.S. West Texas Intermediate (WTI) crude futures CLc1 were down 37 cents, or 0.5 per cent, at 73.77 dollars per barrel. The clash over OPEC policy and the resumption of U.S. This context has produ...

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Micron says China ban unfair but won't hurt revenue

Micron says China ban unfair but won't hurt revenue

The Taiwanese chipmaker was retaliating against Micron's accusation that UMC stole chip technology and gave it to its Chinese partner, Micron said . UMC had filed patent infringement lawsuit agai...

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Shots fired: U.S.-China trade war begins

Shots fired: U.S.-China trade war begins

The US will levy a 25 percent tariff on more than 800 Chinese product categories worth around $34 billion and has warned of more to come if China retaliates. The Communist Party newspaper People...

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Canada presses US to resume NAFTA renegotiation talks

Canada presses US to resume NAFTA renegotiation talks

A former Mexican congressman and founding member of a Mexico-based think tank says it's time for Canada to drop the gloves in its trade fight with the United States. Once automotive issues are address...

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China central banker says currency slide under observation

China central banker says currency slide under observation

Both the yuan and Chinese equity markets have been on edge ahead of July 6, when US tariffs on $34 billion worth of Chinese goods kick in. The dollar was down 0.1 percent versus the yen at 110.465 w...

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Trump says gas prices are up, OPEC 'doing little to help'

Trump says gas prices are up, OPEC 'doing little to help'

Oil prices have been buoyed by tightening supplies this year but there are signs demand may now be easing. Three members of the Organization of Petroleum Exporting Countries - Libya , Iran and Ve...

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Oil prices fall after Trump demands OPEC 'reduce pricing now'

Oil prices fall after Trump demands OPEC 'reduce pricing now'

Kazempour Ardebili said Trump was trying to intensify tensions between Iran and Saudi Arabia and he called on the United States to join world powers in a meeting with Iran in Vienna on Friday. In May,...

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Donald Trump mocked over FART Act on trade

Donald Trump mocked over FART Act on trade

Those statements follow the presidents comments about the bloc's treatment of trade deals with the U.S. The US wins 87 per cent of the cases it brings to the WTO against other countries and lo...

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Trump administration recommends against allowing China Mobile access to U.S. market

Trump administration recommends against allowing China Mobile access to U.S. market

According to the NTIA statement , China Mobile is subject to "exploitation, influence and control" by the Chinese government , and in the "current national security environment" this would pose "s...

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EU with warning to US over import tariffs on cars

EU with warning to US over import tariffs on cars

The powerful US Chamber of Commerce, the nation's largest lobby group with more than 3m members, has launched a campaign to oppose Trump's tariffs, while the European Union threatened to slap re...

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Europe rejects alliance with China to fight Trump on trade

Europe rejects alliance with China to fight Trump on trade

Over 40 World Trade Organization members are warning the Trump administration that US auto tariffs could seriously disrupt the world market. CHINA'S embassy in Washington has issued a security a...

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Chinese Tycoon Dies After Falling Off A Wall In France

Chinese Tycoon Dies After Falling Off A Wall In France

Wang's death couldn't have come at a worse time, said Brock Silvers, founder and managing director of Kaiyuan Capital, a Shanghai-based investment advisory firm. HNA also holds a 19 per cent stake in...

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Hyundai interested in acquiring controlling stake in FCA

Hyundai interested in acquiring controlling stake in FCA

Hyundai could be a good partner to FCA since it is now relatively weak in the Asian region, where Hyundai has a strong base. Hyundai has denied rumors that it is planning a massive buyout of FCA s...

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Oil falls as Saudi, Russian output rises

Saudi Arabia, the world's top crude exporter, said Tuesday it was prepared to use its spare production capacity, estimated at two million barrels, to balance the global oil market. Trump said in a...

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US Chamber says $75 bn in US exports subject to counter-tariffs

US Chamber says $75 bn in US exports subject to counter-tariffs

China , India, Canada, Mexico, Norway, the European Union and Russian Federation have all filed complaints, arguing the us duties are inconsistent with provisions of the WTO's General Agreement on T...

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Walmart under fire from conservatives for 'Impeach 45' shirts slamming Trump

Walmart under fire from conservatives for 'Impeach 45' shirts slamming Trump

While social media users blasted Walmart for selling anti-Trump products, a quick search of the online store shows that the retailer also sells numerous pro-Trump hats and shirts, emblazoned with ...

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Chaos in Merkel's coalition after key minister offers to resign

Chaos in Merkel's coalition after key minister offers to resign

Trump told the World Trade Organization on Monday that "we'll be doing something" if the United States is not treated properly, just hours after the European Union said that USA automotive tariffs w...

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Mexico's Lopez Obrador says wants referendum after three years

Mexico's Lopez Obrador says wants referendum after three years

The lawyer and economist is the candidate of the ruling Institutional Revolutionary Party , which had been in power for 70 years until the election of Vicente Fox of the National Action Party in 2000...

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The Golden State Warriors Have Broken the National Basketball Association

The Golden State Warriors Have Broken the National Basketball Association

The Los Angeles Lakers have made a number of agreements with the likes of Rajon Rondo , Lance Stephenson , JaVale McGee since LeBron James committed to the team. Sherwin-Williams told the Clev...

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Lyft buys Motivate, firm behind Biketown, Citi Bike

Lyft buys Motivate, firm behind Biketown, Citi Bike

The deal comes three months after Uber bought Jump Bikes , a startup that rents out electric "dockless" bikes in about half a dozen United States cities. Uber's ambitions include flying taxis and d...

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Obrador elected to Mexico's presidency

Andres Manuel Lopez Obrador has won a landslide victory in Mexico. Furious at spiraling corruption and violence, Mexican voters unleashed a political quake Sunday by electing a leftist firebrand a...

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HTC axes 1,500 people

HTC axes 1,500 people

Things have gone from bad to worse for HTC , and the situation is getting bleaker. HTC manufactures Google's smartphones, the Pixel and Pixel XL. In the first quarter, HTC posted a net profit...

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European Union warns Trump: auto tariffs could lead to $300B retaliation

European Union warns Trump: auto tariffs could lead to $300B retaliation

The European Commission, the EU executive that handles trade for the bloc, said on Monday it was trying to convince its USA counterparts that imposing such tariffs would be a mistake. Trump's govern...

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Amazon to Extend Prime Day on July 16 to 36 Hours

Amazon to Extend Prime Day on July 16 to 36 Hours

The expanded number of deals comes from Amazon now owning more hardware brands. Prime members in India can enjoy over 200 exclusive product launches, thousands of deals at the lowest prices of the...

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Halting Iranian oil export is an illusion: Jahangiri

Halting Iranian oil export is an illusion: Jahangiri

Iran's first vice president is saying the country's private sector will be able to buy and export crude oil under a new plan to combat USA sanctions. "US petroleum demand growth slowed significantly ...

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Leaked Document Shows Trump Wants To Destroy WTO Relationship

But aides apparently neglected to acronym-check the title - even though attaching cutesy bill titles that spell out the key message of the proposed law has become a staple of legislative practice in t...

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Dell is going public again

Dell is going public again

The transaction will allow Dell to bypass the traditional IPO process, which would likely have involved grilling by stock market investors over its $52.7 billion debt pile. The transaction represents ...

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Lance Stephenson follows LeBron James to the Lakers

Lance Stephenson follows LeBron James to the Lakers

He has also played for the Los Angeles Clippers , Memphis Grizzlies , New Orleans Pelicans and Minnesota Timberwolves . This time, he thanked James and offered "nothing but appreciation and gratitu...

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Trump asks Saudi Arabia to increase oil production

Trump asks Saudi Arabia to increase oil production

Trump implied on Twitter that he had asked the king in a phone call to increase oil production in hopes of greater supply bringing costs down in the U.S., which have risen since America stopped impo...

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Moog warns that Trump trade tariffs pose a threat to its business

BMW has warned that US tariffs on imported cars could drive up manufacturing costs and risk jobs in SC. Trump's threat was the latest salvo in an escalating trade war that saw the EU slap duties on ...

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Could the USA be heading out of the WTO?

Could the USA be heading out of the WTO?

One person who has discussed the subject with Trump , according to Axios , said the president frequently told advisers: "I don't know why we're in it". "I think that the president's expressed frustr...

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Mazda joins Toyota in decrying possible auto tariffs

Mazda joins Toyota in decrying possible auto tariffs

BMW is the latest company to urge the United States not to impose tariffs on auto imports, joining General Motors in pressing its case to Commerce Secretary Wilbur Ross, even as a top aide to Presid...

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Iran vows to foil U.S. bid to block oil exports

Iran will allow private companies to export crude oil, part of a strategy to counter USA sanctions, and is urging fellow OPEC members, including regional rival Saudi Arabia , not to break output agre...

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Tesla hits Model 3 manufacturing milestone, hours after deadline

Tesla hits Model 3 manufacturing milestone, hours after deadline

Couldn't be more proud to work with you. It is an honor. Musk being Musk, he says Tesla will be able to build on the pace and get up to 6,000 Model 3s a week by the end of "next month". " 3 Tesla Te...

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

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

England head coach Gareth Southgate attends England's official training in Zelenogorsk near St. Petersburg, Russia , Wednesday, June 27, 2018, on the eve of the group G match between Belgium and...

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US Coast Guard searching for missing cruise ship crewmember north of Cuba

US Coast Guard searching for missing cruise ship crewmember north of Cuba

A Glory hotel steward saw him in the water. An employee on a Norwegian Cruise Lines ship is counting his blessings after a "miraculous" rescue in the open waters off Cuba on Sunday. A Coast Guard cu...

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Amazon is helping entrepreneurs start delivery companies for its packages

Amazon is helping entrepreneurs start delivery companies for its packages

But labor professors say the arrangement allows Amazon to reap the benefits of a vast delivery network without having to shoulder numerous risks and liabilities involved. The company has been buildi...

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Saudi king agrees to raise oil production, says US Trump

Saudi king agrees to raise oil production, says US Trump

US President Donald Trump said he persuaded Saudi Arabia to consider steps that would boost oil production, a move that would stretch the world's biggest exporter to the limit and threaten to blow u...

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