Economy

Trump Slaps New Tariffs on Chinese Products

Trump administration to impose tariffs on approximately $200 billion Dollars worth of imports from China effective September 24. "There is no disagreement between the Congress and the President tha...

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Elon Musk Sued By Thai Cave Rescuer He Called A 'Child Rapist'

Unsworth said all of these accusations were false, and that the defamatory statements "were manufactured out of whole cloth by Musk out of a belief on his part that his wealth and stature allowed him ...

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USA imposes new tariffs on $200bn of Chinese goods

USA imposes new tariffs on $200bn of Chinese goods

At the White House on Monday, he said the USA trade gap with China-the net between imported and exported goods between the two countries-was too large, and "We can't do that anymore". When Cohn tried,...

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Wall Street falls ahead of Trump announcement on US-China trade war

President Donald Trump said he'll make an announcement on China trade after USA financial markets close Monday. China's economy is slowing, with consumers holding back and infrastructure spending ...

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Bank of Baroda, Vijaya Bank and Dena Bank to be merged

Bank of Baroda, Vijaya Bank and Dena Bank to be merged

It would also be interesting to observe whether the government extends the same strategy to other ailing public sector banks. Finance minister Arun Jaitley said the government had been careful in no...

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Tesla rival Lucid Motors lands $1 billion investment from Saudi Arabia

Tesla rival Lucid Motors lands $1 billion investment from Saudi Arabia

His comments sparked speculation over whether he would need to borrow massive amounts of money to take Tesla private, a move that could allow the company to operate without requirements for financia...

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Time magazine to be sold to Salesforce billionaire Marc Benioff

Time magazine to be sold to Salesforce billionaire Marc Benioff

The Benioffs are buying Time as individuals;. The Benioffs' purchase of Time magazine is fully separate from Salesforce.com, which sells services to help companies manage sales and customer serv...

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Trump escalates trade war, sets new tariffs on $200B in Chinese goods

A 10 percent tariff will go into effect September 24, the president said in a statement, and increase to 25 percent on January 1, 2019. Sohn said he thinks that China will retaliate against every ...

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Amazon launches section dedicated to small business

Amazon launches section dedicated to small business

Amazon Storefronts features a number of product categories, including Back to School, Halloween, Home, Kitchen, Pet Supplies, and Books. "We've created a custom, one-stop shopping experience for c...

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Trump promises post-market announcement as China tariff reports swirl

The lack of unity within the USA administration on trade isn't new - Chinese and American officials have held a series of talks over the dispute, and reached at least one agreement which was subsequen...

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Tesla’s (NASDAQ:TSLA)

Tesla’s (NASDAQ:TSLA) "Buy" Rating Reaffirmed at Oppenheimer

The shares of the corporation went up by 4.47% during the previous month. Blair William Co Il holds 15,473 shares. Institutional investors own 56.26% of the company's stock. The stock's 9-day MACD i...

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Musk says Tesla has gone from 'production hell' to 'delivery logistics hell'

Documents filed in a USA district court in California said that Musk had made " unlawful, unsupportable, and reprehensible accusations " about Unsworth and asked for $75,000 in compensatory damage...

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Elon Musk’s Boring Company turns digging machine into ‘best video game ever’

Elon Musk’s Boring Company turns digging machine into ‘best video game ever’

The company on Sunday posted a short clip on Twitter showing how easily the machine was being controlled through the gaming joystick. In case you didn't know, The Boring Company is Elon Musk's new...

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Elon Musk Sued by Diver in Thailand Cave Rescue

Musk called Unsworth a "pedo" after Unsworth criticised Musk in a television interview. The lawsuit filed in Los Angeles federal court seeks more than $75,000 (€64,000) in damages and a court orde...

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Joint venture: Coca-Cola considers cannabis-infused range

Joint venture: Coca-Cola considers cannabis-infused range

Through a spokesperson, the company said it intends to enter the beverage space, but could not confirm Coca-Cola talks. According to the outlet's sources, the world's largest beverage company is tal...

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Amazon investigating claims of employees leaking confidential data for bribes

Amazon investigating claims of employees leaking confidential data for bribes

Amazon.com Inc ( AMZN .O) said on Monday it was investigating suspected internal leaks of confidential information by its employees for bribes to remove fake reviews and other seller scams from its ...

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Needles found in strawberries in two more Australian states

Needles found in strawberries in two more Australian states

There were no reported injuries, but all remaining stock has been removed from all the supermarket's locations. Australians have been warned to cut fresh strawberries before biting into them after s...

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Those not complying with Iran sanctions will face action

Those not complying with Iran sanctions will face action

Last week the U.S. administration had cleared its stance that Washington may consider waivers for Iranian oil buyers such as India but they must eventually halt crude imports from Tehran . In a...

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Floodwaters Rise As Killer Hurricane Florence Rages On

Floodwaters Rise As Killer Hurricane Florence Rages On

Since Matthew, Goldsboro has trained firefighters in water rescues and equipped them with additional boats, Stevens said, saying the city was "much better prepared with equipment and training to help ...

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MPI confirms no Australian contaminated strawberries in NZ

Metal needles have been found in strawberries in Queensland , and as far away as Perth , Tasmania and New Zealand . On Monday, New Zealand company Foodstuffs - which supplies about half of the co...

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Donald Trump for additional $200 billion tariffs on China

Donald Trump for additional $200 billion tariffs on China

The tariffs are paid by USA companies that import the products, and the companies are likely to pass the costs along to US consumers in the form of higher prices. The Journal reported that the Chines...

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Hike in fuel prices continue, petrol nears Rs 90 mark in Mumbai

Hike in fuel prices continue, petrol nears Rs 90 mark in Mumbai

Karnataka Chief Minister HD Kumaraswamy has announced that fuel prices in Karnataka will be reduced by Rs 2. "The CM has taken the decision after consulting with the Finance Department and an order ...

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No import of Australian strawberry brands with needle contamination: AVA

South Australian Police issued a warning this evening saying that a needle was found in a strawberry purchased from a supermarket in the Adelaide Hills. A $100,000 reward has been offered for info...

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Salesforce chief Marc Benioff buys Time for $190m

In a press release , the Iowa-based publisher of magazines such as Better Homes & Gardens, People and InStyle said the sale is expected to close within 30 days. But it soon put some of the busine...

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UK, EU Leave Interest Rates Unchanged

UK, EU Leave Interest Rates Unchanged

The MPC said there had been indications of "greater uncertainty" in the process of withdrawing from the European Union since its last meeting. Nonetheless, BoE staff raised their forecast for thir...

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Duke Energy shutting down North Carolina nuke plant ahead of Florence

Duke Energy shutting down North Carolina nuke plant ahead of Florence

Keeping cores cool is the top priority. The USA's nuclear power plants have weathered hurricanes before. "Those power plants are, one, obviously hardened". Therefore, when large numbers of power...

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Warning over needles in strawberries

A nationwide recall is now in place for six strawberry brands. . The brands are: The Berry Obsession , Berry Licious , Donnybrook Berries , Love Berry , Delightful Strawberries and Oasis . Th...

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Henri Bendel Is Going Out of Business After 123 Years

Henri Bendel Is Going Out of Business After 123 Years

Last year, the company reported total revenue of $12.6 billion. Bendel only accounts for a small portion of L Brands' sales. L Brands acquired Henri Bendel in 1985 and led its expansion into 11 st...

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Australians warned to cut strawberries after sewing needles found in fruit

Australians warned to cut strawberries after sewing needles found in fruit

Queensland Police Service, who have launched an investigation into the potentially hazardous findings, revealed that affected brands include "Berry Obsession" and "Berry Licious", according to an up...

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Govt will maintain 3.3% fiscal deficit target: Jaitley

Govt will maintain 3.3% fiscal deficit target: Jaitley

However, till now finance ministry has resisted pressure to cut taxes on fuel. This was second successive days of high level meeting on economy. The government has chose to withdraw withholding tax ...

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