Markets

Oil Prices Drop On US-China Trade War, Saudi Production Boost

If anything, they are driving prices higher as the US defends many of their members for very little $'s. This must be a two way street. Last month, members of...


Oil inches up on tighter USA supply, looming Iran sanctions

Trump late on Wednesday accused the Organization of Petroleum Exporting Countries ( OPEC ) of driving up fuel prices. However, if we've learned anything from la...


‘US shooting itself in the foot with economic blackmail against China’ - Beijing

China already has announced it will respond in kind on the same schedule as the United States while President Donald Trump has countered with a threat to double...


Twitter Users Call for Walmart Boycott Over ‘Impeach 45’ Clothes

The "Impeach 45" clothes are no longer on the site, but a large selection of pro-Trump items are still for sale. Walmart is selling negative political cloth...


Today Is the Day Every Last Toys R Us Store Closes

The 70-year-old company filed for bankruptcy late last year and has spiraled downward since. Former employee Rene Johnpiere posted the photo Wednesday of ...


Iran opposition urges youth to join Tehran Bazaar protests

The currency has been sliding for months because of a weak economy, financial difficulties at local banks and heavy demand for dollars among Iranians who fear t...


Harley-Davidson responds to fake anti-Trump quote attributed to CEO

Harley-Davidson, as we know, now builds bikes in Australia, Brazil, India, and Thailand. Last week, India announced higher duties on several goods imported ...


Harley-Davidson to shift some production out of USA over European Union tariffs

Harley, which sold almost 40,000 motorcycles in Europe previous year, said it planned to absorb those costs rather than pass them onto customers and risk hu...


Supreme Court Decision Will Cost Consumers

Some states have exemptions for collecting sales tax. The Supreme Court's ruling in favour of South Dakota and against Wayfair Inc (W.N) and two other onlin...


IN officials react to Supreme Court's online sales tax decision

That ruling held that a state can not require an out-of-state seller with no physical presence in the state to collect and remit sales taxes on goods the seller...


Hackers steal $32 mln from cryptocurrency exchange Bithumb

As of press time on Wednesday, the Coinrail platform was still down for system maintenance. Their latest post after the theft came into light, mentioned tha...


U.S. energy sector braces for Chinese retaliatory tariffs

It gave no details. According to a report in Monday's New York Times , in the midst of the escalating trade war rhetoric between the USA and China, Apple C...


Trump threatens 20-per-cent tariff on European Union cars

The EU also has in reserve potential tariffs of 10% to 50% that it could impose on a further 3.6 billion euros (RM16.6 billion) of U.S. imports in three years' ...


You’re About to Pay Higher Online Taxes After Supreme Court Ruling

The next step will be to see how strictly the courts interpret this ruling, specifically, whether it would allow states to force retailers to also pay excise ...


OPEC oil ministers gather to discuss production level

A quota increase of that size shared among all members wouldn't deliver a commensurate boost in production because several countries, including Venezuela where ...


Merkel seeks migration compromise to keep coalition together

Seehofer has been one of the fiercest critics of Merkel's liberal stance. "It is in Germany's interest to achieve the regulation of migration in a good partne...


SF requires highest hourly wage to afford 2-bedroom apartment

Luckily, the average wage of a renter in Cuyahoga County is $15.38, further promoting Cleveland as " a very affordable, decent place to live ". The average ...


Judge OKs AT&T-Time Warner mega-merger, rejects government position

The lawsuit against AT&T had sent a signal that the Trump administration's Department of Justice was taking a more hardline stance on such mega-deals. The com...


Opposites, rivals, heirs, negotiators: Trump and Kim

Here is a rundown of the biggest actions that took place overnight, as Singapore is 12 hours ahead of Eastern Daylight Time. While the White House update de...


U.S. Cuts Deal With Sanctioned Chinese Tech Company ZTE

He said the Commerce Department's $1.4 billion fine, including $400 million in escrow, brings United States penalties between last year and this year to $2.3 ...


Malcolm Jenkins finally reacts to Philadelphia Eagles’ White House snub

Eagles Tight end Zach Ertz wore a Team USA soccer jersey while answering questions and said he's "proud to be an American". At a White House reception honor...


Trump falsely accuses Canada of burning down White House

Others suggested sparing a thought for the historians who may be inundated with media requests. And Trump has complained to aides about spending two days in ...


Theresa May calls Donald Trump to say his steel tariffs are 'unjustified'

In its official gazette, the ministry said it will impose 20% to 25% tariffs on usa cheese, 20% on apples and potatoes, 20% on pork legs and shoulders and 25%...


Rosneft Seen Quickly Recovering Output Once OPEC Deal Curbs Eased

Brent futures fell by 0.1 percent, to $77.48 a barrel, U.S. West Texas Intermediate (WTI) crude futures eased by 0.24 percent, to $66.88 a barrel, RIA Novost...


Donut worry! Deals, freebies to celebrate sweet holiday

Raised donut fan? It probably means you're full of air. At Krispy Kreme , you can just walk in and get a free donut in the USA and Canada. For every purcha...


Trudeau slaps retaliatory tariffs on US

The Trump administration faced a decision with previously granted exemptions from the tariffs of 25% on steel imports and 10% on aluminum imports expiring June ...


Oil prices mixed but expected output increase drags

In Brazil, the FUP oil workers union said workers had joined the call for a nationwide strike on at least 20 oil rigs in the lucrative Campos basin and othe...


Trans Mountain seen drawing pension funds or returning to Kinder Morgan

In 2007, Kinder Morgan reported to the National Energy Board that it valued the Trans Mountain pipeline system at $550 million. Calling a controversial ...


Faux pas: Petrol, diesel prices cut by 1 paisa, not 60 paise

After 16 days of relentless price hikes, petrol price was on Wednesday cut by about 60 paise a litre and diesel by 56 paise on the back of softening global oil...


Petrol prices rise for 13th straight day; nearly Rs 86 in Mumbai

On Monday, petrol prices in Mumbai stood at Rs 86.08 a litre, in Kolkata Rs 80.76 and in Chennai Rs 81.11. Further, in Kolkata, petrol price, now inching to...


Starbucks to Close Stores Tuesday to Conduct Anti-Bias Training

The coffee giant announced the training soon after two black men were arrested at a Philadelphia Starbucks in April. Tuesday's four-hour session will give w...


Service dog goes into labor at Tampa International Airport

The father of the puppies - a dog named Golden Nugget - was also present at the scene of the delivery. The team documented the birth on Twitter, using the has...


PayPal snaps up iZettle in $2.2bn deal

Schulman described the merging of iZettle and PayPal as a "strategic fit" combining shared values and culture with complementary product offerings and geograp...


Dozens feared drowned after boat carrying wedding party capsizes in India

Giving assurance about the rescue operations, Naidu said that two platoons (60 personnel) of National Disaster Response Force (NDRF), two platoons (60 personnel...


Senate backs effort to restore net neutrality

The repeal is scheduled to take effect on June 11. Senate votes to save net neutrality; resolution... While net neutrality advocates celebrated the resu...


Driver in Latest Tesla Crash Says Autopilot Was Engaged

Whether the car's Autopilot feature was engaged when a Model S collided with the rear of a stopped fire fire engine in South Jordan, Utah on 11 May remains ...


Taliban militants have suffered casualties in Farah attack, claims MoD

One American soldier was also killed and another wounded during a combat operation in eastern Afghanistan , US Forces-Afghanistan said in a statement. "NDS f...


UN Mideast envoy condemns violence in Gaza

Gigaba was speaking after meeting with activists from the lobby group, Boycott, Divestment and Sanctions against Israel in South Africa on Tuesday afternoon. ...


Oops; Gap apologizes for T-shirt's wrong China map

In its Weibo apology, Gap Inc said that it respects China's sovereignty and territory and confirmed that a t-shirt sold in overseas markets had contained an...


OPEC Adds US Exit From Iran Nuclear Deal To 'Disruptive Concerns'

West Texas Intermediate was up 0.86% to $71.89 a barrel. Iranian exports, which total around 2.5 million barrels per day, could decline by 500,000 to 1 mill...