Economy

Ghana Football Association dissolved amid corruption allegations

Ghana Football Association dissolved amid corruption allegations

Nyantakyi to the Criminal Investigations Department and has been subsequently charged with defrauding by false pretense. He also apologised to Vice President Dr Mahamadu Bawumia, ministers and deput...

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BT boss Gavin Patterson to step down

BT boss Gavin Patterson to step down

Patterson, who has run BT for nearly five years, announced 13,000 job cuts last month in an attempt to get to grips with a host of problems including intense competition, an underperforming IT service...

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Singapore diplomat: 'All systems go' for Trump-Kim summit

Singapore diplomat: 'All systems go' for Trump-Kim summit

According to BBC, before setting off, US President Trump described the summit as a "one-time shot" at peace and said the two were in "unknown territory in the truest sense". The historic summit ...

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Verizon CEO McAdam retiring, Vestberg named successor

Verizon CEO McAdam retiring, Vestberg named successor

The company says that this change will have Hans Vestberg taking over as CEO on August 1, 2018. McAdam is retiring this year, and once he does retire, he will transition into the non-executive chairma...

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Donald Trump says Russian Federation should be be allowed to rejoin G7

Or we'll stop trading with them. Canadian Foreign Minister Chrystia Freeland said she held talks at the summit with US Trade Representative Robert Lighthizer over Nafta, US tariffs on steel and ...

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Will Meet North Korea on 'Mission of Peace'

Will Meet North Korea on 'Mission of Peace'

The brief appearance of Kim's IL-62M personal jet on the flight tracking website , however, came Sunday despite mounting speculation that he might instead use an Air China Boeing 747 to make the flig...

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Oil prices fall on dip in China demand, surging United States output

Oil prices fall on dip in China demand, surging United States output

More generally, Brent has been pushed up by the voluntary production cuts put in place past year, led by the Organization of the Petroleum Exporting Countries (OPEC) and Russian Federation. However...

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Commerce Secretary: US Has Reached Agreement With China's ZTE

Commerce Secretary: US Has Reached Agreement With China's ZTE

After the U.S. Department of Commerce banned ZTE from importing US-made components , due to the company violating an agreement it made in 2017 , ZTE shut down most operations while it fought to li...

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NTSB updates on fatal Model X crash

NTSB updates on fatal Model X crash

Two other vehicles were damaged in the incident, with one driver suffering minor injuries. The electric vehicle's 400-volt lithium ion battery was breached and caught fire, according to the NTSB rep...

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Buffett, Dimon urge end to quarterly profit forecasts | AP business

Buffett, Dimon urge end to quarterly profit forecasts | AP business

Buffett told CNBC on Thursday that the CEO will probably be announced within two weeks. Dimon said that Schultz "would be a great chief executive or governor or senator or mayor or whatever he w...

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Google says its A.I. won't be used for weapons, surveillance

Google says its A.I. won't be used for weapons, surveillance

So today, we're announcing seven principles to guide our work going forward. In internal emails reviewed by Gizmodo , a Google employee working on Project Maven said that the company would attemp...

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Hello Porsche Taycan: Tesla-rivaling Mission E gets its launch name

Hello Porsche Taycan: Tesla-rivaling Mission E gets its launch name

The Taycan will be the first of Porsche's electric models but the carmaker has big plans to go the electric way. The Taycan is the start of a broader electrification strategy at Porsche . But...

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Macron: G7 leaders must be civil as they pressure Trump

Macron: G7 leaders must be civil as they pressure Trump

Trump is no fan of multilateralism. "Maybe, but nobody is forever", Mr Macron said, appearing to cite the fact that Mr Trump will someday leave office. Trudeau, for his part, is bracing for some h...

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Tesla teases Model Y, promises March unveiling

Tesla teases Model Y, promises March unveiling

Investors also defeated a proposal to require that the chairman be an independent director, according to Todd Maron, Tesla's general counsel, who said the company will release voting results in ...

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Trump to stick with hard line on trade as G7 showdown looms

Critics of Trump's trade policies fret that the president is undermining the very system on which America and the global economy rely. "Simply put, Trump no longer sees the necessity of keeping alli...

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Group of 10 senators challenge Trump over tariffs

Group of 10 senators challenge Trump over tariffs

Powerful US billionaire brothers Charles and David Koch are funding a multi-million dollar campaign against President Donald Trump's trade tariffs. Although Senate Minority Leader Chuck Schumer ...

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Billionaire Koch brothers take on Trump over tariffs

Billionaire Koch brothers take on Trump over tariffs

The best yardstick is the 20 percent duty Mexico imposed on US apples from August 2010 to October 2011, Fryhover said . The president of the U.S. National Pork Producers Council said Mexico account...

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Airline boss stirs gender debate with provocative comment

Airline boss stirs gender debate with provocative comment

When asked for comment, Qatar Airways initially referred CNNMoney to comments that Al Baker made during a subsequent interview with Bloomberg . He later defended the carrier, saying it was the firs...

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Outgoing Starbucks chairman may run for office

Outgoing Starbucks chairman may run for office

Trump's victory, business leaders may be emboldened to mount their own campaigns. He also has been noted for his socially conscious approach to the company, and he has always been floated as a prosp...

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Germany’s Merkel to work with Italy’s populist new govt

Germany’s Merkel to work with Italy’s populist new govt

Macron wants a future EMF to act as a buffer in any future financial crises in the bloc, which was almost torn apart in a debt crisis in 2009. Merkel also addressed plans to upgrade the European Sta...

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Visa investigating 'service disruption' in Europe

Visa investigating 'service disruption' in Europe

Long lines were reported at train stations on Friday and businesses lost sales because customers' cards were declined, MarketWatch reported . AIB said it is aware of issues with AIB cards and is wo...

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Eight-year-old Pomeranian dog dies on Delta connecting flight

Eight-year-old Pomeranian dog dies on Delta connecting flight

The dog was traveling in a kennel in the cargo hold of the jet. That's when a flight attendant checked on Alejandro, according to Delta. It appears Alejandro was on Delta's 11 p.m. There have been...

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China cuts tariffs before USA commerce secretary's visit to Beijing

China cuts tariffs before USA commerce secretary's visit to Beijing

The White House's announcement this week that it will press ahead with tariffs on $50 billion in Chinese imports and other measures has left many wondering if a trade war between the world's two bigge...

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Trump appears to comment on jobs report before its official release

Trump appears to comment on jobs report before its official release

GMT] this morning", Trump said in a Twitter message at 7:21 a.m. local time. But a 1985 directive from the Office of Information and Regulatory Affairs says that when monthly jobs reports are re...

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Why China is about to become a larger part of your portfolio

Why China is about to become a larger part of your portfolio

The June 1 inclusion will see around 230 Chinese large-cap stocks, known as A shares, added to MSCI's emerging markets benchmark index with a 2.5 per cent partial inclusion factor. As institutiona...

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Visa announce 'disruption' preventing payments from being processed

Visa announce 'disruption' preventing payments from being processed

Most complained of being turned down at the till while they could still use cash machines. AIB said it was aware of "intermittent issues" with AIB cards and was working to resolve the matter. A Un...

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Singapore Airlines announces world's longest flight route

Singapore Airlines announces world's longest flight route

Airbus A350s typically have about 300 seats, meaning those in Singapore's plane will have more space, for which the airline will be able to charge a premium. The seats will be the same to those fou...

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Oil sinks while stocks gain on North Korea, euro shaken by Italy

Oil sinks while stocks gain on North Korea, euro shaken by Italy

Italy was plunged into crisis when President Sergio Mattarella at the weekend vetoed the nomination of a fierce eurosceptic as economy minister, leading the prime minister-designate to step down a...

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Italy heads to new elections as caretaker PM named

Italy heads to new elections as caretaker PM named

Prime minister-designate Carlo Cottarelli , tasked by the head of state with calming political turmoil and overseeing fresh elections after the summer, has failed so far to find support from any majo...

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Navarro contradicts Mnuchin's assertion that trade war with China is on hold

Navarro contradicts Mnuchin's assertion that trade war with China is on hold

The renewed threat of tariffs comes ahead of commerce secretary Wilbur Ross's visit to Beijing this week when he will try to get China's agreement to firm numbers for additional USA exports to the cou...

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