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China's Wang says response to USA trade measures 'justified'

China's Wang says response to USA trade measures 'justified'

President Donald Trump tweeted Sunday morning that his tariffs are "working big time" and made a freaky claim that the money raised from these new import taxes will go a long way to helping pay down...

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Crude Oil Prices Extend Slide, Shed Over 1%

Crude Oil Prices Extend Slide, Shed Over 1%

US Crude oil exports have fallen right off the table from last week's 2.7 million barrels per day to only 1.3 million barrels per day while clocking the slowest reading since April. The Commerce Depar...

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United States unemployment fell to 3.9% in July

United States unemployment fell to 3.9% in July

That's near an 18-year low of 3.8 per cent reached in May. Economists forecast that employers added 193,000 nonfarm payrolls on net last month, according to a Bloomberg survey. Government employme...

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RBI increases repo rate by 25 bps to 6.5% in August policy

RBI increases repo rate by 25 bps to 6.5% in August policy

Figures released Thursday by the Organization for Economic Cooperation and Development showed global inflation hit a four-year high in June. The Czech central bank raised interest rates on Thursday ...

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China frustrates United States efforts to end Iran's oil exports

China frustrates United States efforts to end Iran's oil exports

Meanwhile, the tensions between Washington and Beijing is scaring hedge funds away from an increasingly volatile oil market, according to Bloomberg , with money managers' total positions in th...

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China's C.banner pulls House of Fraser investment plan

China's C.banner pulls House of Fraser investment plan

The department store chain is now said to be "exploring options to obtain the required investment on the same timetable". Billionaire Philip Day is in the early stages of a potential bid for British...

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Conor is back: UFC says McGregor will fight Oct. 6 in Vegas

Conor is back: UFC says McGregor will fight Oct. 6 in Vegas

The bout will see undefeated Russian Nurmagomedov, 29, take on Irishman McGregor, 30, who is the only person ever to hold UFC belts at two different weights simultaneously. McGregor's return to UFC af...

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Oil Prices Mixed; WTI Gains After Strong Us Growth Figures

Oil Prices Mixed; WTI Gains After Strong Us Growth Figures

Brent fell more than 6 percent in July, while us crude futures slumped about 7 percent, the biggest monthly declines for both benchmarks since July 2016. Brent for September settlement, which expire...

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China announces $60B of USA goods for tariff retaliation

China announces $60B of USA goods for tariff retaliation

They include food products, chemicals, steel and aluminum and consumer goods ranging from dog food, furniture and carpets to auto tires, bicycles, baseball gloves and beauty products. "Given the scope...

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JOINT VENTURE: Molson partners with Quebec's HEXO to develop cannabis-infused beverages

JOINT VENTURE: Molson partners with Quebec's HEXO to develop cannabis-infused beverages

The deal between Hexo and Molson Coors is expected to be finalized by the end of September this year. Weed beer has been something talked about ever since it became clear that the federal governmen...

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China proposes retaliatory tariffs on $60B of US products

On Wednesday, Trump proposed a higher 25 percent tariff on $200 billion worth of Chinese imports. "Instead of retaliating, China should address the longstanding concerns about its unfair trading pr...

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Pompeo presses Turkey on detained U.S. pastor after sanctions

Pompeo presses Turkey on detained U.S. pastor after sanctions

Before the meeting, Pompeo told reporters that he hoped Turkey would see that the sanctions were "a demonstration that we're very serious". Davutoğlu said the US decision is a risky move and "in...

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Apple becomes first trillion dollar USA company

Apple becomes first trillion dollar USA company

Apple sold 41.3 million iPhones last quarter, and reported an average selling price of $724. Each of these shares became much more valuable as the market capitalization of the company touched the Tr...

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Apple Becomes The World's First $1 Trillion Company

Perhaps the $1 trillion club will be getting a new member at some point this year. In the more than four decades since Steve Jobs founded the company in a California garage, Apple has become alm...

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China threatens new tariffs on $60 billion worth of USA goods

China threatens new tariffs on $60 billion worth of USA goods

Duties ranging from 5 per cent to 25 per cent will be levied on 5,207 kinds of American imports if the USA delivers its proposed taxes on another US$200 billion of Chinese goods, the Ministry of Finan...

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Apple has become America's first trillion-dollar company

Apple has become America's first trillion-dollar company

The milestone also means that Apple is worth more than just about any country on the planet, there are only 16 that it is worth less than. "The five-year chart for all three companies show pretty ste...

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Trump threatens higher tariffs on Chinese imports

Aerial view of containers at a loading terminal in the port of Hamburg, Germany August 1, 2018. USA trade representative Robert Lighthizer had said on Wednesday that he had secured the green sig...

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Apple is the first United States company worth $1 trillion (AAPL)

Apple is the first United States company worth $1 trillion (AAPL)

Market capitalization, or market cap, is the total combined value of all of a publicly traded company's outstanding shares. For context, passing the $1 trillion mark means Apple now has a value gr...

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Bank of England hikes interest rates to 0.75%

Bank of England hikes interest rates to 0.75%

The UK economy is now in the tenth year of economic recovery and the unemployment rate is at its lowest level for over 40 years. No. None of these fixed-rate deals will see an immediate rise. When t...

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Sales tax 'holiday' weekend approaches

Sales tax 'holiday' weekend approaches

Scott Walker used a partial veto to extend the period to five days. Unlike past year, however, the sales tax doesn't apply to computers. Computers must be purchased for personal use and must cost $75...

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Chipotle shares fall after OH customer illnesses

Chipotle shares fall after OH customer illnesses

BMO Capital Markets lifted their price target on Chipotle Mexican Grill from $350.00 to $420.00 and gave the company a "market perform" rating in a research report on Friday. "In most situations t...

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Trump Administration Threatens Even Higher Tariffs On China

China's Ministry of Foreign Affairs said it will fight back should the USA further increase tariffs. Chinese equities and the yuan extended losses Wednesday afternoon, gaining downward momentum as...

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Apple becomes first company to hit $1 trillion market cap

Apple becomes first company to hit $1 trillion market cap

Apple on Thursday became the first private-sector company in history to be worth $1 trillion, after its share price reached an all-time high above $207. Other companies have come close to the mark, bu...

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Tesla posts record $717 million net loss in second quarter

Tesla posts record $717 million net loss in second quarter

Shares of Tesla have risen 11% to $$332.99 in after-hours trading. Tesla said Wednesday that its lone car-making factory in Fremont, Calif., had made 5,000 Model 3 sedans a week multiple times...

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Japanese yen mostly lower despite surging JGB yields

Analysts at JPMorgan cited relatively aggressive moves into "value" stocks - in particular banks - and away from shares leveraged to economic growth. The greenback had pared some of its gains abou...

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Trump imposes sanctions over Turkey's detaining of minister

Trump imposes sanctions over Turkey's detaining of minister

She added that the two Turkish ministers had both played "leading roles" in the arrest of the U.S. pastor. The penalties also bar any U.S. transactions with the two men. He added, "President Trump has...

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Parasite found in wraps and salads sold at Trader Joe's and Walgreens

Parasite found in wraps and salads sold at Trader Joe's and Walgreens

They can also recur. Representatives from Caito Foods, Kroger, Gordon Food Service and Chiquita Brands, Fresh Express' parent company, did not immediately respond to TIME's requests for comment. As ...

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Samsung confirms Galaxy S9 sales have been slow this past quarter

Operating profit climbed 5.7% to 14.87 trillion won, in line with Samsung's preliminary earnings guidance. One area of interest that showed positive growth for Samsung was its TV business, which t...

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Second Brexit referendum now supported by majority of UK

Second Brexit referendum now supported by majority of UK

When they were asked whether there should be a referendum on the final terms of any Brexit deal, 42 per cent said there should be a fresh vote while 40 per cent said there should not. Asked to cho...

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Apple shares soar in after-hours trade as earnings beat expectations

Apple shares soar in after-hours trade as earnings beat expectations

There are lots of things to expect from Apple's upcoming quarterly earnings to stay tuned for the latest. The higher-than-expected earnings could push Apple toward becoming the first trillion ...

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Harley pushes deeper into Asia with smaller bikes to kickstart growth

Harley pushes deeper into Asia with smaller bikes to kickstart growth

Dealer networks will also include a new retail format that includes small storefronts in urban areas to "expose the brand to urban populations and drive sales of the expanded Harley-Davidson product p...

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Tesla teases a $1500 surfboard, only 200 will be made

Tesla teases a $1500 surfboard, only 200 will be made

Not that it matters - even if you were interested in the $US1500 ($2027) surfboard, the limited run of 200 has already sold out. Tesla (NASDAQ: TSLA ) surfboards are a thing now, but good luck g...

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No, McDonald's Isn't Launching a Cryptocurrency, Despite What It Appears

No, McDonald's Isn't Launching a Cryptocurrency, Despite What It Appears

The world's best-known, probably most-hated American fast food outlet is changing but it refuses to change its iconic Big Mac sandwich. No matter where they live in the world, Big Mac fans recognize t...

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USA touts European Union trade truce, attention now turns to China

USA touts European Union trade truce, attention now turns to China

Trump's boast appears to be an overselling of the agreement he reached with European Commission President Jean-Claude Juncker, which was announced at the White House on Wednesday. But other industries...

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Facebook Facing Legal Issue After Stock Plunge

Facebook Facing Legal Issue After Stock Plunge

Indeed, the shocking decline in the values has, for the first time, triggered off discontent among Facebook stockholders, some of who are wondering whether it's time for a change in leadership at the ...

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USA trade deal was on brink of collapse, Juncker says

USA trade deal was on brink of collapse, Juncker says

In a bid to deescalate the quarrel, Mr Trump said he and Mr Juncker had agreed on Wednesday to "work together toward zero tariffs, zero non-tariff barriers, and zero subsidies" on non-car goods. The...

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Japan's Oldest Person Dies At 117

Japan's Oldest Person Dies At 117

Chiyo was born in Wakayama, located in Kansai region of Japan , on 2 May 1901, and was 117 years 81 days when she died. According to family starosielce Chiyo was very kind and sociable person. He s...

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Putin Says He's 'Ready' to Go to Washington

Putin Says He's 'Ready' to Go to Washington

On Friday Press Secretary Sarah Sander's defended Trump who has been accused of being hostile to the press, issuing a statement reading, " President Trump is the most accessible president in modern...

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Facebook shares dive on weak outlook, weighing on Nasdaq

Facebook shares dive on weak outlook, weighing on Nasdaq

However eight of the 11 major S&P sectors were higher, with industrials keeping the Dow Jones Industrial Average firmly in positive territory. ENERGY: Benchmark U.S. Facebook shares dived 19.0 per...

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U.S. economy grew at a brisk 4.1 percent rate last quarter

U.S. economy grew at a brisk 4.1 percent rate last quarter

The Bureau of Economic Analysis announced Friday that the nation's gross domestic product grew at a 4.1 percent annual rate on an inflation-adjusted basis. But that's illusory. Exports surged in the...

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