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Financial Times reports: UK PM Theresa May says Brexit deal is close

It has been reported that the main motivation for the extension is to convince the DUP the backstop plan will never need to be enacted. Mr Coveney also sugge...

Trump says he knows economy better than Federal Reserve chair

In Asia stock markets braced themselves for another day of losses. "When you talk about economies, our economy is far better than that". He added, "We have ...

Trump warns there is 'a lot more' he can do to China

September marked the second straight record Chinese monthly trade surplus with the United States after August's $31 billion. Li Kuiwen, a spokesman from the c...

After backlash, Amazon to boost pay for longtime workers

The company said Wednesday that "slight adjustments" are being made this week, and workers who already made $15 an hour will get more than the $1 an hour raise ...

UK PM Theresa May says Brexit deal is close - Financial Times reports

Cabinet ministers briefed on the Brexit talks said the issue of the Irish backstop was close to being settled, the FT said. Her signal follows anger among...

Social Security benefits rising 2.8 percent, biggest hike in 7 years

But the Social Security announcement also serves as the baseline for a host of other federal benefits calculations that do require yearly reauthorization, inclu...

PC market flat in Q3, Microsoft becomes a top five United States vendor

There's some big news in the latest round of PC shipment numbers that are coming from Gartner and IDC . Lenovo held on to its crown with a market share of 23...

Amid Souring Relations And Trade War, China's Exports To US Soar

China's exports to the United States rose to $46.7 billion while imports slumped to $12.6 billion, according to China's customs administration. Beginning prev...

Govt to ignore World Bank's Human Capital Index

It is a key driver of unsustainable, inclusive economic growth, but investing in health and education has not gotten the attention it deserves", he said in a ...

Japan asks United States to ensure sanctions don't hurt Iran trade

The US "will take care" of countries which defy its directive to bring their oil imports from Iran to zero by November 4, President Donald Trump has warned, d...

U.S. to evaluate Pakistan's bailout request on merit

In a new simulation exercise to show trade war risks to the global economy, the International Monetary Fund modeled the effect of an all-out US-China trade wa...

Pakistani Finance Minister off to Indonesia for World Bank, IMF meet

Trump has led the escalating trade war because of what he believes are bad policies he said have created an $800 billion US trade deficit. United States gro...

Stock market drop spreads, Wall Street set to fall again

That will raise the cost of corporate borrowing and could drag on economic growth. Investors are wary of possible further USA interest rate hikes, which will ...

Former UK Ambassador to EU Says May’s Brexit Plan A ‘Pipe Dream’

The OBR, an independent non-departmental public body, said it was "next to impossible" to predict the consequences of a no-deal Brexit. May gathered selected ...

Will take care of nations which will continue to import Iranian oil

U.S. West Texas Intermediate (WTI) crude futures fell $1.81, or 2.5 percent, to $71.36 a barrel. The International Monetary Fund downgraded its global economi...

Biz leaders fight Trump on Fed critique

But higher United States interest rates have also helped send emerging market currencies into a tailspin, as countries that borrowed heavily in dollars race to ...

Bipartisan group of senators calls for investigation into Jamal Khashoggi's disappearance

In an interview Wednesday, Pence said the U.S.is "ready to assist in anyway" in response to questions about sending Federal Bureau of Investigation agents. He d...

Patisserie Valerie shares suspended as black hole found

Shares in Patisserie Valerie have been suspended after the company discovered "significant, potentially fraudulent, accounting irregularities". The news comes...

Ikea finally plans to open a store in Estonia

Inter Ikea, which owns the Ikea brand and concept, announced its expansion plans as it revealed that sales at its franchise-holder stores had risen by 4.5 per c...

Elon Musk denies being replaced by James Murdoch as Tesla chairman

Tesla did not immediately respond to a request for comment. Tesla Inc. and the U.S. Securities and Exchange Commission have put aside an insulting tweet ...

The Dow tumbles more than 400 points

The benchmark Dow index fell 831 points to close at 25,598.74 on Wednesday, wiping out 3.2 percent of its value in the sharpest drop since February. The benchma...

Trump says market drop is 'correction that we've been waiting for'

President Donald Trump said he believes "the Fed has gone crazy " amid recent interest rate hikes. But he downplayed the first major drop in months, saying it...

Quake near Bali, Indonesia, kills at least 3

People in the eastern part of Java, Madura and Bali islands also reported they felt the quake. "Wow, that was really strong and it lasted a long time", said o...

Top envoys trade barbs as China-US ties worsen

China then hit back with tariffs on about $60 billion of USA imports. "This unyielding nation suffered foreign bullying for many times in history, but never s...

United States should stop misguided actions, says China

Mr Wang, in his remarks to reporters at the start of his meeting with Mr Pompeo, said: "Recently, as the United States side has been constantly escalating trade...

Igor Mazepa: Find Out How Famous Banker Makes Money with His Friends Easily

This is only a small fraction of quotations, which slightly lifts the veil over the personality of businessman Igor Mazepa. Igor Mazepa, the Ukrainian &ldqu...

Google files appeal of $5 billion European Union fine

Although market dominance is not an illegal practice under European Union antitrust laws, regulators said dominant companies like Google have a "special respons...

US stocks plunge toward their worst loss in six months

The Toronto Stock Exchange closed down 336 points, or more than two per cent, on Wednesday, the fourth day in a row that the benchmark Canadian stock index was ...

Trump calls stock sell-off 'a correction,' says Federal Reserve is 'crazy'

Mr Trump said: "I like to see low interest rates". A stock market correction is defined as a decline of at least 10 percent from the high point of the past 52 w...

S&P tumbles 3 percent as USA yields soar, investors shun risk

The rise in rates is weighing particularly heavily on areas of the market that had earlier been the biggest winners. The S&P 500 index fell 15 points, or 0.6 ...