Finance

Wall Street drops on coronavirus fears

MORE NEWS THIS CATEGORIES

Turkey's Erdogan Starts Presidential Rule, Names Son-in-Law as Finance Minister

In particular, the departure of former Merrill Lynch banker Mehmet Simsek , who served as deputy prime minister , has raised concerns about the lack of influe...

Crude oil plunges after Trump tariff threat, Libya ports reopen

Libya's crude oil production plummeted by 254,300 bpd to average 708,000 bpd in June. The sell-off intensified after news of a fall in USA crude oil inventories...

China has other options to hurt the United States

Many others in the USA are already feeling the effects of the tariffs. China's General Customs Administration did not reply to a fax seeking comments. Farmers...

Chequers plan for European Union goods rules out Indian trade deal

May's spokesman said it was positive for the United Kingdom that the former foreign secretary had a good relationship with the president. Hunt, who served as ...

Brent crude suffers biggest price drop in two years

Brent crude LCOc1 fell $2.51 to $76.30 a barrel by 12:27 p.m. EDT (1627 GMT). The decline was the largest one-day move on a percentage basis since February 9, 2...

BMW agrees US$4.7 billion contract with China's CATL for battery cells

More than 20 commercial agreements were concluded during the bilateral government consultations in Berlin. Duesmann said he would welcome it if other carmake...

Bank of Canada raises overnight rate target to 1 ½ per cent

The Bank expects the global economy to grow by about 3 ¾ per cent in 2018 and 3 ½ per cent in 2019, in line with the April Monetary Policy Report (MPR). "I th...

Pompeo talks tough on Iran while visiting UAE

Rahaghi also expressed disappointment at India not delivering on its promised investment for the expansion of the Chabahar Port and other connectivity project...

OPEC says it's doing best to supply market but won't overdo it

According to the top official, the order issued by the U.S. leader is " a great insult to [OPEC] governments and nations, and destabilizes the market ". Money m...

JetBlue flight crew helps French Bulldog distress

Steven and Michele Burt said they were flying home to Boston from Florida on Thursday when their dog, Darcy, showed signs that she was having trouble breathing...

Donald Trump's China Tariffs Don't Apply to Ivanka

The president of the European Union Chamber of Commerce in China, Mats Harborn, said Tuesday one of its members moved final assembly of goods for the American m...

Turkey's Erdogan begins new term with enhanced powers

Turkish President Recep Tayyip Erdogan was sworn in on Monday under a new governing system that grants him sweeping executive powers, which critics say give h...

Nissan Admits to Falsifying Car Emissions Tests

Nissan Motor said on Monday it had improperly measured exhaust emissions and fuel economy for 19 vehicle models sold in Japan , the second case in less than ...

Woman on oxygen machine dies after power company cuts off electricity

On Thursday, temperatures also reached 90 degrees, leading the family members to consistently apply ice packs and fan the 68-year-old to keep her cool. But acco...

Theresa May handed 24 Brexit business questions that need answering NOW

Gove, a prominent campaigner for leaving the European Union during the 2016 referendum, said the prime minister should be allowed to present her case on Friday ...

Erdogan takes oath of office as Turkey's first executive president

Erdoğan took the oath of office in a ceremony in the Grand National Assembly, the culmination of almost a decade of political activism to transform the countr...

Timehop Breach Hits 21 Million Customers

No financial data, private messages, direct messages, user photos, user social media content, social security numbers, or other private information was breached...

UK's Brexit Secretary David Davis has resigned

Britain's Secretary of State for Departing the EU David Davis arrives in Downing Street in London , June 26, 2018. The pound strengthened as May's spokesma...

Starbucks plans to stop offering plastic straws by 2020

The company already offers alternative straws in Seattle . "For our partners and customers, this is a significant milestone to achieve our global aspiration ...

Warning as Jaguar Land Rover calls for `greater…

We want to stay in the UK. The Tata Motors-owned company has already been reeling with the adverse impact of unfavourable movement of the pound against the do...

Starbucks fires worker for mocking customer's stutter

Sam then wrote in to Starbucks , which replied with a "pretty standardised e-mail" apologising for how the barista spelt his name, and offered him a $5 gift...

Sorry Donald, no one is going to 'win' your trade war

The negotiations began in August but have stalled over USA demands created to discourage investment in Mexico and to shift auto production back to the United St...

Oil prices inch up in face of tight market

American crude shipments to China now stand around 400,000 barrels per day (bpd), worth $1 billion a month at current prices. Trump's trade war with China...

China to keep on path of reform, opening markets China 13:04

China is inviting global banks to finance a project for the construction of a high-speed railway linking Bulgaria's Black Sea coast to Greece's Aegean ports, Ch...

How major United States stock indexes fared Friday

The gains came despite an escalation in trade tensions as the USA imposed tariffs on Chinese goods and China responded in kind. Disputes between the United St...

Jaguar Land Rover Chief Executive calls for greater Brexit certainty

The U.K.'s rapidly approaching plan to leave the European Union has many automakers anxious, especially those whose primary manufacturing facilities are in th...

Iranian oil minister calls Trump's order to OPEC insulting

Iran's Oil Minister Bijan Zanganeh talks to journalists at the beginning of an OPEC meeting in Vienna, Austria, June 22, 2018. "These days. the price is depen...

European Speed Trader Begins Trading Bitcoin and Ethereum Exchange Traded Notes (ETN)

AFM's spokesperson Nienke Torensma explained that the organization warns license holders as well as other customers to stay away from taking part in crypto acti...

US Carmaker Ford Says No Plans For Now To Hike China Prices

German automaker Daimler AG said last month that its 2018 pre-tax profits would fall versus previous year because new import tariffs on cars exported from the U...

Amgen Inc. (AMGN), BHP Billiton Limited (BHP)

However, investors can and should determine their own price targets for entering and exiting stock positions. The stock has Return on Assets (ROA) of 4 percen...