Business

Traces Of Weed Killing Poison Found In Popular Breakfast Food

Some of those products included Back to Nature Classic Granola, Nature Valley Granola Protein Oats 'n Honey, Quaker Dinosaur Egg Instant Oats, Great Value Origi...


China’s Vice Commerce Minister to visit USA for trade talks

China will dispatch Vice Commerce Minister Wang Shouwen to the U.S. for trade talks in late August, the first official exchanges since earlier negotiations brok...


Turkey's Problems with the US will be Resolved

Erdogan said on Tuesday the country will boycott USA electronic goods in response to United States measures meant to punish Turkey. "To President Erdogan a...


United States stocks open higher as Turkish lira rebounds

We can react in two ways: "economically and politically", Erdogan said in Ankara Tuesday. Tayyip Erdogan made the remarks as the lira slides in response to ...


Boy among 26 dead as bridge collapses in Genoa

Authorities said at least 30 cars and three heavy vehicles were on the 80-metre (260ft) section of the span when it came down in an industrial area filled with ...


Detained US pastor in Turkey appeals for release 46min

Erdogan also said his people should buy Turkish smartphones, naming the Turkish electronics and consumer appliance company Vestel and its line of Venus smart...


Lawsuits accuse Tesla's Musk of fraud over tweets, going-private proposal

This source said that the Saudi fund would not make an investment of this kind without seeking guidance first from Softbank . After Musk's tweet , Tesla sha...


World stocks hit one-month low as Turkish rout spreads

Investors were encouraged that USA declines were only minor overnight after the losses by the lira and other emerging-market currencies. Overnight it fell to ...


Employee takes off in empty airplane from Seattle's airport, crashes

The Pierce County Sheriff's Department said the stolen airplane crashed into Ketron Island. A plane that reportedly took off without permission has sparke...


Trump OKs stiffer tariffs on Turkish metals as lira plummets

The US president revealed the action on Friday as he noted how the Turkish lira "slides rapidly downward" against the " very strong" US dollar. "Aluminum...


Washington farmers worry about Chinese tariffs

China responded by promising to hit $60 billion worth of USA goods coming into the country with tariffs. China has repeatedly warned it will strike back again...


China's oil futures post mysterious gains

Dmitry Peskov , a spokesman for Russian President Vladimir Putin, said the U.S. decision was counter-productive given the show of friendship between Putin and U...


Turns Out Musk Might Actually Be Serious About Taking Tesla Private

But later in the afternoon, trading in the stock was halted pending an official company announcement. The tweets have added to speculation about Tesla , ...


You’re hired! Unemployment rate falls to 3.9% in July

Unemployment as a measure that includes discouraged workers and those holding jobs part-time for economic reasons, also declined to 7.9% from 8.1%. Despite many...


Bank of England raises key interest rate

RBI had last raised the repo rate June 6 by 0.25 per cent to 6.25 per cent. The six-member Monetary Policy Committee headed by RBI Governor Urjit Patel ke...


State refiners drive India's July Iran oil imports to a record

The government of President Hassan Rouhani also faces opposition from conservatives and religious leaders, who have long opposed his outreach to the West and ...


Oil extends decline after biggest monthly slump in two years

Oil prices extended losses in post-settlement trade, with us crude at $68.32 a barrel, after data from the American Petroleum Institute showed domestic crude...


China appeals for U.S. calm after new tariff threat

Senior administration officials expressed frustration Wednesday that China has responded to USA tariffs with retaliation rather than capitulation. The highest...


Bank of England hikes interest rates to highest level since 2009

Naveen Kukreja, CEO and Co-founder, Paisabazaar.com: "Home loans will become costlier for fresh borrowers as and when the banks raise their respective MCLRs...


Apple becomes world’s first public company worth $1 trillion

Apple has been a profit geyser well before it was valued at the US$1 trillion (NZ$1.5 trillion) milestone the company reached on Thursday. It became the first ...


Tesla posts record $717 million net loss in second quarter

Margins went from nearly flat to 15 percent, still a ways off the 25 percent mark that CEO Elon Musk has called for. Tesla would use money generated from sa...


US slaps sanctions on Turkish officials over detaining of American pastor

A Turkish court rejected an appeal on Tuesday for an American pastor to be released from house arrest during his trial on terrorism charges, his lawyer said ...


Apple closes in on becoming the world's first US$1 trillion company

Apple was largely spared in last week's tech sector sell-off when shares of Facebook Inc, Twitter Inc and Netflix fell sharply on concerns about their fu...


PM Modi may attend Imran Khan’s oath ceremony in Pakistan

A European Union team monitored the balloting and its leader Michael Gahler said, "Overall, the election results are credible". Spokesperson in the Ministry o...


European Union trade agreement reached - USA

But others were wary, wondering whether it's realistic to expect Europe to buy more soybeans from the United States, as Juncker signaled, or to become "a mass...


Twitter stock tanks after second-quarter results

Both Twitter and Facebook moved to crack down on bots and fake accounts after learning of efforts to manipulate the social platforms during the 2016 USA presi...


$168 billion lost in a day: Facebook's plunge could rewrite history

Facebook's daily active users for the second quarter of 2018 were effectively flat in the USA sequentially, and even declined in Europe compared with Q1 - mark...


EU Trade "Deal" Is Trump's Most Compelling Fiction Yet

The agreement come amid heightened tensions between the U.S. and EU. "We are starting the negotiation right now, but we know where it is going". Republican ...


Facebook plunges as revenue, daily users disappoint

The Cambridge Analytica scandal prompted several apologies from Chief Executive Mark Zuckerberg and generated calls for users to desert Facebook , which ha...


Wanna be a (half) billionaire? Mega Millions jackpot hits $512 million

The store earns a $5,000 selling bonus. Pennsylvania Lottery Mega Millions prizes expire one year from the drawing date. The prize amount surged by $10 mi...


Earnings of Google parent Alphabet top Wall Street expectations

In the same quarter a year ago, Alphabet reported per-share earnings of $8.90, which excluded a $2.7 billion charge for another European fine. Europe's new da...


Dollar Recovers After Trump Comments

USA stocks inched lower Friday as bond yields jumped, a shift that helped banks but hurt companies that pay big dividends. Oil posted its third consecutive ...


GST Council Meet: Sanitary napkins exempted from tax

Earlier, sanitary napkins were taxed at 12% which had attracted a lot of criticism. Addressing a presser, Goyal said, "After careful considerations and discus...


U.S. crude rises 1%, on strong gasoline demand signals

Adding to this, a broad-based US Dollar sell-off, triggered by the US President Donald Trump's comments that a stronger currency puts the US at a disadvantage...


Google fined RECORD €4.3bn by European Union after market dominance investigation

The decision comes just over a year after the Commission slapped a landmark €2.4 billion penalty on Google, a unit of Alphabet Inc, for favouring its shopping s...


Netflix shares tank after subscriber numbers miss targets

Wall Street analysts expected 1.23 million net adds in the US and 5.11 million overseas for the period (slightly higher that Netflix's prior guidance). "We ha...


Last two Blockbusters in Alaska are closing

But it wasn't enough to counter a planned lease increase at both Alaska locations. The closures leave just one store standing in the USA, in Bend, Oregon. Har...


Trump's latest US$200 billion China tariffs target consumers

The office will accept public comments and hold hearings on the plan this coming August 20-23 before reaching a decision after August 31, according to a senior ...


U.S. unemployment rate ticks up to 4 pct in June

Today's figures also showed that the U.S. unemployment rate rose to 4% from an 18-year low of 3.8% in May as more people entered the labour force in the sig...


Why LeBron James Chose Los Angeles Lakers Over All Other Teams

Bryant won five National Basketball Association titles in LA and, although the team have been absent from the playoffs for the last five seasons, he believes th...


President Trump Pushing Saudi Arabia To Produce More Oil

North America's oil markets have tightened significantly this week as an outage of Canada's Syncrude has locked in over 300,000 bpd of production. The curbs w...


US Softens Stance On Countries Buying Iranian Oil

Meanwhile, "there is no surplus capacity for countries such as Saudi Arabia and the United Arab Emirates to supply oil for a long term", the official pointed ou...


Why Opec Increased Crude Oil Production - Barkindo

The market rallied further in post-settlement trading, after the American Petroleum Institute said US crude inventories fell a surprising 9.2 million barrel...


Trump blasts Harley-Davidson’s decision to shift production overseas

In a Securities and Exchange Commission filing , Harley-Davidson said the 31 percent tariff , up from 6 percent, would add about $2,200 to the cost of each ...


Local, state officials applaud U.S

The Retail Industry Leaders Association, another trade group, said the ruling allows retailers to compete "without government's thumb on the scale" and called...


Supreme Court ruling may boost Virginia tax income by $300M

In Wayfair v. South Dakota, the Court concluded that the "sales tax nexus" previously articulated by the Court in Quill v. In pre-internet times, there wa...


OPEC and allies reach agreement to share oil production increase

Global oil prices rose Friday by over one percent on the day as analysts expected any OPEC+ crude output increase to fall short of the original target. "It wi...


German automakers offer to end EU's tariff's on United States autos

On Monday, President Trump threatened to hit $200 billion of Chinese imports with 10-percent tariffs if Beijing retaliates against the initial $50 billion in ...


WTI Crude Oil and Natural Gas Forecast

Three OPEC sources told Reuters a technical panel - the organisation's economic commission - met on Monday to review the market outlook and present it to ...


Iran expects OPEC to stick to supply limits

Even if the supply gap, triggered by the return of USA sanctions on Iran and a major political crisis in Venezuela, is plugged, the oil market will likely rem...