Markets

Mexican EcoMin Guajardo: Mexico, US likely ‘hours’ away from NAFTA agreement

Canada has sat out the most recent phase of the year-long discussions, and once it rejoined the talks , the three sides would need to work for at least anothe...


Debate over longest bull market centers on rounding

Ned Davis Research, which the Stock Trader's Almanac relies on for defining bull and bear markets, says that a cyclical bull market requires a 30-percent rise a...


Michael Cohen pleaded guilty to 8 crimes: Now what?

Mr Davis added that it was "absolutely clear that Donald Trump committed a felony" by ordering hush payments be made to two women "so that his political elect...


Julie Bishop May Also Be Contesting The Liberal Leadership Spill

Turnbull narrowly defeated a leadership challenge from former Home Affairs minister Peter Dutton on Tuesday, but has come under sustained pressure to call a s...


Trump Calls On SEC to Study Ending Quarterly Reporting

Trump's proposal - released via Twitter and prompted, he said, by a recent conversation he had with PepsiCo Inc. At a July rally in Florida, Trump said the ch...


Elon Musk seems to beg Tesla's board to save him from himself

In the interview , he calls the past year "excruciating" and "the most hard and painful year of my career" while also acknowledging that he often relies on Am...


Turks film themselves smashing iPhones amid US-Turkey trade war

In a tweet on Thursday, Trump urged Brunson to serve as a "great patriot hostage" while he is jailed and criticized Turkey for "holding our wonderful Christia...


Turkey's president threatens boycott of iPhones, other USA electronics

The exchange value of the lira has fallen about 40 percent against the USA dollar since January. The Turkish lira hit an all-time low of 7.24 to the dollar on...


Oil up on Iran sanctions

Iran is OPEC's third-largest oil producer - behind Saudi Arabia and Iraq - and now pumps around 3.65 million barrels per day, according to Reuters data. As p...


Highway managers must resign after bridge collapse, Italy says

Television images showed a green truck stopped just meters short of the gaping hole. Italian authorities say that about 10 vehicles were involved when a rai...


Turkey issues retaliatory tariffs on U.S. imports

But Sanders declined to say how the USA government plans to apply more pressure on Ankara, which repeatedly has ignored calls from Trump and others to free Chri...


Tesla looking to go private with backing of Saudi fund

As for the money to be paid by the Saudis should a deal be reached, Musk says the sum is nowhere near the $70 billion the media talks about for the simple reaso...


Tourists find silver lining in Turkey's lira crash

Relations between the two North Atlantic Treaty Organisation allies have plummeted in one of their worst crises in decades after the detention of USA pastor And...


Investors sue Tesla's Musk over go-private tweets

Tesla Inc and Chief Executive Elon Musk were sued on Friday by an investor who said they committed securities fraud in a scheme to "completely decimate" sh...


Tesla seeks wide investor pool to back its take-private plan

Almost a week after Tesla CEO Elon Musk tweeted his intention to take the company private, we still don't know much about the funding for the endeavor - w...


Turkey's Erdogan calls on Turks to buy lira for 'national battle'

It had been billed as a state visit that would patch up frayed ties between two North Atlantic Treaty Organisation allies and potentially serve as a platform fo...


Commodities - Oil Prices Firm on Rising US Crude

Crude oil futures turned lower Wednesday after the US Energy Information Administration reported a smaller-than-expected draw in crude stocks and builds in re...


Chinese People's Daily newspaper attacks US President Donald Trump on trade policies

China retaliated in kind with duties on US imports. After a weekend of claims by US President Donald Trump that he has the upper hand in the trade war wit...


PepsiCo CEO Indra Nooyi steps down after 12 Years

Nooyi , who served in various executive positions at PepsiCo for a total of 24 years, will stay on as chairman until early 2019. Three former top executives E...


United States job growth slows, trade deficit widens

Last week, the commerce department reported that GDP had grown at an annual rate of 4.1% in the second quarter, the fastest pace in almost four years. Hiring ...


China’s Unipec suspends imports of US oil amid…

Iran says the sanctions are endangering lives by blocking the sale of new planes and spare parts for its ageing fleets. On the back of renewed tensions betwee...


White House says Trump's resolve is firm on China trade

The retaliation stands to further inflame tensions between the world's two biggest economies and echoes China's response to the previous round of tariffs which ...


Sales-tax holidays in Iowa, Wisconsin this weekend

During that time, customers can avoid paying the 6% state sales tax, as well as local tax when buying qualified clothing items. Typically, critics point out...


Apple becomes world's first trillion-dollar company

The $1 trillion milestone is largely symbolic, though impressive. Apple announced $100 billion in stock buybacks on May 1, the largest repurchase ever by a US...


Elon Musk drama or no, Tesla still has investors on its side

In a statement released after the markets closed, Tesla said it expects to produce 50,000 to 55,000 Model 3s in the third quarter, an increase of around 75% fro...


Facebook market value plunges $120 bil

Slowing revenue growth initially pulled the stock down almost 9 in after-hours trading on Wednesday before losses picked up on the margin outlook. Unfortunately...


This tech billionaire just lost US$15.9 billion in a single day

And the sell-off is poised break another record, experts said . Facebook lost about $120 billion of its value on Thursday, marking the biggest one-day loss...


Mega Millions Winning Ticket Sold In San Jose

Its website said the San Jose ticket was the sole winning ticket. 1, 2, 4, 19, 29, and the Mega Ball was 20. He's processing the experience, Sachdev said....


Weather warning issued for Northamptonshire

The alert warns of flash flooding, thunder and lightning in the East Midlands and East of England, and is valid between 2pm and 8pm today. The Met Office has ...


Created European Trade Crisis Averted by Fake Deal

Trump said the meeting successfully launched a new phase in the U.S.'s relationship with the European Union , which Trump has characterized as a problem f...


Facebook Shares Plummet After Missing User, Revenue Targets

Fourteen analysts surveyed by Zacks expected $13.43 billion. Facebook's stock declined sharply as slowing global daily active users slow and scrutiny of dat...


Tributes pour in for Sergio Marchionne

Marchionne captivated the global auto industry over the last decade with his candid assessments, tireless competitive spirit, remarkable transparency and multip...


Alphabet-owned Google continues dominance | Digital

The remaining $4.4bn came largely from Google's cloud business and hardware sales. In March, the research firm eMarketer estimated that Google would capture...


President Trump planning emergency aid to farmers affected by tariffs

The $12 billion will reportedly come in the form of direct assistance, a food purchase and distribution program, and a trade promotion program. The official ...


‘No rush for speed’ in N. Korea’s denuclearization, sanctions still in place

North Korea's leader Kim Jong Un tours a factory in Sinuiju, North Korea, in this undated photo released by North Korea's Korean Central News Agency on July ...


Oil prices fall after surprise rise in USA inventories

Crude imports from the US rose 800 percent month-on-month to 4.72 million barrels in May, the largest volume since at least 2015 for which data is available. A ...


EBay throws shade at Amazon ahead of Prime Day

In addition to the deals from Amazon, Prime members can also find savings on food products at Whole Foods . Amazon's Prime Day will begin July 16 at 3...


China vows ‘firm and forceful’ counter-measures against USA tariffs

It added: "The Chinese government will be forced to impose necessary countermeasures to protect its core interests". The Dow Jones Industrial Average fell 2...


Trumps backs Johnson as May looks on

Asked if May should stay in power, Trump said "that's up to the people". "I didn't criticize the prime minister", Trump falsely claimed, adding: "Fortunately ...


Elon Musk shares video of 'kid-size' submarine for Thai cave rescue

The Thai Government said Mr Musk's team could help the rescue operation with location tracking, water pumping or battery power. Musk's team will be headin...