Finance

Wall Street drops on coronavirus fears

MORE NEWS THIS CATEGORIES

Winklevoss Bitcoin ETF Proposal Denied by U.S. SEC

However, today's announcement could cut the bull run short before it's even begun properly. Bitcoin is under pressure this morning after news broke that regul...

Facebook stock collapse wipes out $119 billion in market value

But on Wednesday Facebook reported sales and user growth numbers for the second quarter that fell short of analysts' projections, leaving investors reeling....

Trump and Junker pull back from trade war

Trump's defense came after his administration announced a plan to provide $ 12 billion in emergency relief for farmers who have been slammed by the president's...

Trump eyes Mexico for speedy NAFTA deal

Chamber of Commerce in Washington, Tuesday, May 1, 2018. Lighthizer pointed out... there are only a few sticking points remaining in the NAFTA talks. The talk...

US President Trump's letter to incoming Mexico president Obrador

Canada and Mexico are not only important allies, they are significant economic partners for the USA, and for the New England states in particular. The impact ...

Ryanair refusing to pay compensation to 100k passengers affected by strikes

It said: "Passengers have the right to seek compensation under European Union legislation when flights are delayed by three hours or more, cancelled or when the...

European carmakers win big in tariffs ceasefire — EU trade

So far, the European Union has introduced tariffs worth $3.3 billion against U.S. products. "Soybeans is a big deal. So we're going to make a lot of progres...

Qualcomm abandons NXP deal

China was the lone holdout. Qualcomm's experience suggests this could already be happening. "Continued uncertainty overhanging such a large acquisition i...

European Union prepares retaliatory tariffs on $20 billion of USA goods

Mr. Trump agreed, adding, "if we could have no tariffs and no barriers and no subsidies, the USA would be extremely pleased". Following the meeting at the Whi...

United Kingdom and EU's Brexit negotiators in face-to-face talks

Brexit Secretary Dominic Raab has promised to ensure that "there is adequate food supply" if the United Kingdom plummets out of the European Union without re...

Donald Trump 'deal' with European Union boss Jean-Claude Juncker averts trade war

Perdue calls the plan a "temporary measure", saying it would help farmers bounce back from the trade war fallout. "Time and time again I've heard from far...

Riyadh suspends oil exports through Red Sea

Saudi Arabia accuses regional arch-foe Iran of supplying missiles to the Houthis, something that Tehran and the Houthis deny. Saudi Arabia can still use its ...

Apple ditching Qualcomm in favor of Intel for iPhone modem

The iPhone XI Plus - AKA the Mac Daddy - will be the largest phone Apple has ever released, with a 6.5in OLED display, and it will be available in the followi...

Fiat boss Sergio Marchionne passes away at 66

Marchionne, a workaholic who often slept on a sofa aboard a plane as he traveled regularly to steer Fiat Chrysler , was a heavy smoker and espresso drinker unt...

European Union will "buy a lot of soybeans" from US

Trump announced that the European Union will be buying "a lot more " soybeans from the USA, and that Brussels and Washington will work to eliminate tariff...

Privacy concerns take toll on Facebook as stock sinks on revenue miss

The company also was bombarded by public criticism over its content policies, especially in countries such as Myanmar and Sri Lanka where misinformation has led...

Trump accuses China of using 'vicious' trade tactics

Trade is what works", said Wanda Patsche, who grows corn and soybeans and raises pigs near Welcome in southern Minnesota with her husband, Chuck. Fall is the bi...

BOJ offers unlimited bond buying as yields rise

The dollar index rose a bit off two-week lows it hit after U.S. President Trump criticized the Federal Reserve's rate hikes and accused the European Union a...

Iran's Rohani: Trump's 'cheap remarks' not worth responding to

The other countries involved in the Iran deal have vowed to uphold the agreement, even in the United States' absence. "If America wants to take a serious st...

KitKat loses court battle over shape of its chocolate bars

Food giant Nestlé has been trying since 2002 to establish a European trademark for the four-fingered confection, but the European Court of Justice in Luxembourg...

European Union will demand border checks if no deal, says top civil servant

The prime minister added Mr Raab's DExEU officials will now exclusively focus on Brexit preparations, including those for a "no deal" outcome. The ministry ...

People dream of winning huge Mega Millions jackpot

It looks like someone has just joined the Half Billionaires Club after buying a Mega Millions ticket in California with Tuesday's winning jackpot numbers . I...

Ex-Ferrari boss Sergio Marchionne dies aged 66

Marchionne, who described himself as a corporate fixer, was Fiat's fifth CEO in less than two years when he took over. The FCA board on Saturday named long-ti...

Iran's Top Commander: U.S. Will Regret Triggering 'Unimaginable' Response from Tehran

Rouhani, making his first public comments since Trump vowed Iran would suffer severe consequences for threatening the United States, brushed off the president...

Kindness: Florida officer helps homeless man shave

Officer Carlson, who was about to get into his auto, made a decision to help Phil out. "I looked at it and it was missing a screw". He said, obviously he didn...

China’s Xi promises $14.7 billion of investment during South Africa visit

After a meeting between Ramaphosa and Chinese President Xi Jinping in Pretoria earlier on Tuesday, a framework agreement of $3 billion on financing and insu...

Facebook plans innovation hub in China despite tightening censorship

A Facebook spokesman said the U.S. tech giant was setting up an "innovation hub" in Zhejiang, eastern China, to allow it to "support Chinese developers, innovat...

Sergio Marchionne: a great life, in pictures

In a brief statement , Fiat chairman, John Elkann, said: "Sergio Marchionne, man and friend, is gone". In 2009, he merged Fiat with United States automaker ...

Former Fiat Chrysler CEO Marchionne dies

The New York Times reports that Marchionne was recovering from shoulder surgery but has become "gravely ill", and FCA reports that his condition worsened sign...

Asus hit with £56.5m price-fixing fine

The EU Commission states that it's clear the price interventions of ASUS, Pioneer , Philips , and Denon & Marantz limited effective price competition between ...