Economy

Britain's foreign minister says Russian Federation is making the world more unsafe

Britain's foreign minister says Russian Federation is making the world more unsafe

US President Donald Trump says he could consider lifting sanctions imposed on Russian Federation if the authorities in Moscow take steps toward cooperating with Washington on Syria and Ukraine. ...

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Trump vows 'no concessions' with Turkey over U.S. pastor

Trump vows 'no concessions' with Turkey over U.S. pastor

This is the proper thing to do", he said , when asked about the potential damage to other economies. The White House already slapped sanctions on two top Turkish officials over Brunson's detention,...

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Trump (Again) Expresses His Displeasure with Federal Reserve Raising Interest Rates

Trump (Again) Expresses His Displeasure with Federal Reserve Raising Interest Rates

Trump, who spooked investors in July when he criticized the US central bank's monetary policy tightening, told Reuters in an interview that he believed the Fed should be more accommodating. Trump ...

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US imposes fresh sanctions for Russian cyber-related activity

The Trump administration Tuesday slapped new sanctions on Russian shipping companies and vessels for transporting oil to North Korea in violation of United Nation's prohibitions. Testifying on Tuesday...

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Defiant Erdogan Casts Turkey Currency Crisis in Religious, Patriotic Terms

Defiant Erdogan Casts Turkey Currency Crisis in Religious, Patriotic Terms

Brunson , 50, was indicted by a Turkish court on charges of having links with the Kurdistan Workers' Party (PKK) militant group and the movement of the US-based opposition cleric Fethullah Gulen, whom...

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Manafort Jury Reaches Verdict on 8 Counts But Not 10 Others

Manafort Jury Reaches Verdict on 8 Counts But Not 10 Others

He told the court that he worked with a "candidate for federal office" to pay two women to keep their stories of alleged affairs from becoming public during the 2016 election. However, that policy i...

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US President Trump takes aim at Federal Reserve for rates hike

US President Trump takes aim at Federal Reserve for rates hike

A Fed spokesman declined to comment on Trump's remarks on Monday. There are a total of seven governors on the Fed Board, all of whom have a vote on setting interest rates, and Trump still has one re...

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Iran says it is seeking solution to sell oil and transfer revenues

Iran says it is seeking solution to sell oil and transfer revenues

The oil giant's withdrawal comes after President Donald Trump announced the United States was pulling out of the 2015 Iran nuclear deal and reimposing sanctions on the Islamic republic. The more s...

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Russian Federation vows response to latest U.S. sanctions

Russian Federation vows response to latest U.S. sanctions

Relations between Moscow and London are tense after Britain blamed Russia for the nerve agent attack on a former Russian double agent in Salisbury. The Kremlin denies involvement. "Only by working tog...

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Trump demands Fed help on economy, complains about interest rate rises

Trump selected Powell for the job past year from a short list of several prominent central bankers, praising Powell for his "wisdom" and "leadership" skills when he nominated him formally in November....

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Plane With 2 Blown Tires Diverted From Teterboro Airport

Plane With 2 Blown Tires Diverted From Teterboro Airport

Post Malone , who sports numerous face tattoos, won song of the Year for "Rockstar" at the Video Music Awards last night. The plane has been circling over CT before what authorities say will be an a...

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PepsiCo buys Israel's SodaStream for $3.2 billion

PepsiCo buys Israel's SodaStream for $3.2 billion

The acquisition has been unanimously approved by the Boards of Directors of both companies. It is expected to close by January, pending a SodaStream shareholder vote and certain regulatory approvals. ...

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Netflix begins testing ads for its own series between binge-season episodes

Netflix begins testing ads for its own series between binge-season episodes

These promotions present content already present on Netflix, the type of shows you'd otherwise see presented as recommended content. After the episode ended, I got a screen saying "More Shameless u...

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Mexico bilateral NAFTA issues may be resolved next week: minister

Mexico bilateral NAFTA issues may be resolved next week: minister

For four straight weeks, USA trade czar Robert Lighthizer and Mexican Economy Minister Ildefonso Guajardo have held bilateral negotiations on the North American Free Trade Agreement , while Canad...

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Top U.S. trade official hopes for NAFTA 'breakthrough' in days

Top U.S. trade official hopes for NAFTA 'breakthrough' in days

Canada, meanwhile, has shown less urgency to complete a revision of the 24-year-old pact, but is expected to return to the bargaining table once the US and Mexico settle their differences. Trump add...

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Tesla takes Ontario government to court over vehicle rebates

Tesla takes Ontario government to court over vehicle rebates

However, the newly established Ontario premier Doug Ford-the brother of late, former Toronto mayor Rob Ford , abolished the program last month. The incentive, which was first introduced by Ontario'...

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Tesla shares SINK after Elon Musk details ‘EXCRUCIATING year’ in emotional interview

Tesla shares SINK after Elon Musk details ‘EXCRUCIATING year’ in emotional interview

Musk, in a revealing interview, said he has been working up to 120 hours a week and needs Ambien to fall asleep at night. Nearly a week later, the CEO said the basis for that statement were conv...

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New Report Highlights House of Fraser’s Mounting Debt to Brands

New Report Highlights House of Fraser’s Mounting Debt to Brands

According to reports, fashion brands Jigsaw, Karen Millen and Mint Velvet have removed some stock from their House of Fraser concessions. The retail chain, which was bought on Friday morning by Sp...

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President Trump Casually Suggests Giving Analysts Several Months Of Their Lives Back

President Trump Casually Suggests Giving Analysts Several Months Of Their Lives Back

Nooyi issued a statement on Friday about the conversation with the president, saying that many market participants "have been discussing how to better orient corporations to have a more long-term view...

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Four bodies add to Italy bridge collapse’s death toll as funerals begin

Four bodies add to Italy bridge collapse’s death toll as funerals begin

Rescue workers worked for the third night in a row to look for at least 10 missing persons under the rubble of the bridge, which gave way shortly before noon (1000 GMT) on Tuesday. Players of the ci...

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Turkey will respond if U.S. imposes more sanctions: Minister

Turkey will respond if U.S. imposes more sanctions: Minister

The S&P 500 index advanced 0.8%, to 2,840.69 with all its 11 sectors ending in positive territory, led by telecommunications services, consumer staples and financials. Turkish stocks fell 1.4%, and we...

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Google employees protest against China search engine

Google employees protest against China search engine

The letter said Google's willingness to work within China's censorship laws raises "urgent moral and ethical issues", and that employees now don't have the information needed "to make ethically-...

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Turkey court rejects another appeal to free US pastor: lawyer

Turkey court rejects another appeal to free US pastor: lawyer

He faces 35 years in prison on espionage and terror-related charges. The lira has lost almost 40 percent of its value against the dollar this year as investors fret about President Tayyip Erdogan'...

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Qatar promises $15 billion investment in Turkey

Qatar promises $15 billion investment in Turkey

The move by Turkey's Gulf ally offered further support to a lira rally after the Turkish central bank tightened liquidity and curbed selling of the currency. -Turkey Business Council. A banking wa...

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White House says Turkey treated pastor 'badly'

White House says Turkey treated pastor 'badly'

The White House says "we won't forget" how Turkey has treated a detained American pastor, after a court rejected his appeal for release. On the other hand, Lavrov noted that the measures applied by ...

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China lodges complaint with WTO over legalities of U.S. policies

China lodges complaint with WTO over legalities of U.S. policies

US officials say such action is necessary because the WTO lacks the ability to address Chinese trade tactics. On May 31, Canada announced it would impose "dollar-for-dollar" tariffs on 16.6 billion ...

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At least 10 to 20 people still missing in Genoa bridge tragedy

At least 10 to 20 people still missing in Genoa bridge tragedy

Hundreds of rescuers continued their search on Wednesday after scouring the huge piles of concrete and twisted metal overnight by floodlight, hoping to find survivors. "We have one of the biggest deal...

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Cannabis Industry Reacts to Ontario's Retail Strategy

Cannabis Industry Reacts to Ontario's Retail Strategy

The OCS will be the wholesaler to private retail stores, the government said, noting that retailers will have to follow strict rules, including prohibiting the sale of marijuana to anyone under 19. Pe...

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China’s Nio Aims To Raise $1.8 Billion In IPO

China’s Nio Aims To Raise $1.8 Billion In IPO

Founded in 2014 as NextEV , Nio wants to break into China's burgeoning electric-vehicle market with a series of premium-tier cars. NIO is also joining several sizable Chinese listings in NY thi...

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Turkish lira rebounds after Qatar pledges $15 billion

Turkish lira rebounds after Qatar pledges $15 billion

Erdogan also moved to strengthen ties with Germany, Turkey's biggest economic partner by far, accounting for about 37 billion euros ($42 billion) in bilateral trade past year. The currency strengthene...

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