Finance

China Demands Release of Telecom Executive Arrested in Canada

China Demands Release of Telecom Executive Arrested in Canada

He was sentenced to 46 months in prison. "It certainly raises concerns about the future of talks.this is certainly another step-back in the ongoing trade negotiations". "If the Trump administration we...

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Huawei CFO arrested in Canada: Canada's Justice Department

Huawei CFO arrested in Canada: Canada's Justice Department

Ian McLeod, a spokesman for the justice department, refused to say why Meng, who is also the deputy chair of the board of Huawei , is being sought for extradition. U.S. national security officials ha...

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Ben Shapiro blasts Trump's Twitter phone booth change into 'Tariff Man'

Ben Shapiro blasts Trump's Twitter phone booth change into 'Tariff Man'

The Chinese Foreign Ministry says Trump and President Xi "reached consensus not to impose new additional tariffs and agreed to instruct the economic teams of the two sides to step up negotiations towa...

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President Trump Formally Cancel NAFTA With a ‘New Trade Deal’

President Trump Formally Cancel NAFTA With a ‘New Trade Deal’

Last week the United States, Canada and Mexico signed the USMCA. Trump has made renegotiating NAFTA a centrepiece of his presidency. Trump, for example, wrote in a Twitter post Sunday night that C...

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Fed officials express caution about pace of future hikes

Fed officials express caution about pace of future hikes

The Federal Reserve on Thursday paved the way for a fourth rate hike in December, but sent a clear signal to investors that it would exert greater flexibility with its plans to ratchet up interest r...

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Trump, Xi chew over trade war at high-stakes dinner

Trump, Xi chew over trade war at high-stakes dinner

After President Donald Trump's meeting with President Xi Jinping of China in Buenos Aries on December 1, both sides announced a 90-day pause in the trade dispute. "The two sides made a decisio...

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The G20 Summit: Key meetings and moments

Argentina's President Mauricio Macri, right, welcomes President Donald Trump to the start of the the G20 summit in Buenos Aires , Argentina, Friday, Nov. "Way, way, way above my pay grade", he sai...

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Federal Reserve appears more cautious on interest rate hikes next year

Federal Reserve appears more cautious on interest rate hikes next year

The spread on euro-dollar interest rates future is negatively correlated with emerging markets as higher interest rates in the United States dim the appeal of risky assets. From the Fed's perspective,...

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The oil price is updated at least October 2017

The oil price is updated at least October 2017

Gasoline supplies fell unexpectedly, but not enough to overcome the pessimism. Brent crude futures traded up $1.24, or 2.1 percent, at $60.02 a barrel by 11:43 a.m. USA crude production is at a reco...

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Deutsche Bank’s Frankfurt HQ searched in Panama Papers probe

Deutsche Bank’s Frankfurt HQ searched in Panama Papers probe

They contained evidence of widespread abuse of the global financial system including tax avoidance and evasion by celebrities, politicians and corporations. President Donald Trump. Deutsche Bank was...

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Asia markets tested by Trump warning on China

Asia markets tested by Trump warning on China

While he said that these connected handsets could be subject to a 10% or 25% tax, Trump also stated that the American public could afford a 10% tariff placed on the Apple iPhone. "The only deal that...

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Trump, Kudlow play hardball with Barra and GM over planned cuts

Trump, Kudlow play hardball with Barra and GM over planned cuts

Alongside two plants in MI, one in Maryland, and one in Ontario, Canada, GM said one of the plants targeted to be closed-or, um, " unallocated " in the very bad PR-jargon used by GM in the announcemen...

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Trump says 'not happy' about GM job cuts

Trump says 'not happy' about GM job cuts

But its outlook is bleak after GM announced production of the Chevy Cruze would stop in March, halting work at the assembly plant that already had lost two shifts and 3,000 union jobs since the begi...

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Theresa May Bets the House on Campaign to Win Brexit Deal Vote

Theresa May Bets the House on Campaign to Win Brexit Deal Vote

But EU leaders secured a compromise with the Spanish prime minister, who said that Europe and the United Kingdom "had accepted the conditions set down by Spain" and so would "vote in favour of Brexit...

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Range Rover Evoque Shows Its Velar Traits On Video

Range Rover Evoque Shows Its Velar Traits On Video

The new Evoque uses a heavily modified version of the existing car's platform, but features a compact new suspension design to provide more interior space. All-wheel drive and an updated version of ...

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Best Black Friday Amazon Services Deals 2018

Best Black Friday Amazon Services Deals 2018

A Currys PC World spokesperson said: "While our prices - like all retailers - can fluctuate throughout the year, we're proud to offer our Price Promise across our entire range - and this covers the ...

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USA crude oil inventories drop slightly last week: API

USA crude oil inventories drop slightly last week: API

US West Texas Intermediate ( WTI) crude futures, were up 70 cents, or 1.3 per cent, at US$54.13 a barrel. The worldwide benchmark fell as much as 5.1 percent to $63.36, the lowest since early March. ...

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Bitcoin falls below $5,000 for 1st time since 2017

Bitcoin falls below $5,000 for 1st time since 2017

Per CCN , the entire crypto market just lost $25 billion in value - the market cap sits at nearly $148 billion according to CoinMarketCap . In order to fund this costly war, the miners need to liquid...

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Nissan's Ghosn suspected of using firm's overseas houses for free

Nissan's Ghosn suspected of using firm's overseas houses for free

Japan's NHK and Kyodo News Service reported that Nissan paid Ghosn about $89 million over the five years ending in 2015. Nissan says it has been providing information to the Japanese Public P...

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Belk, JCPenney among best places to find Black Friday discounts

Belk, JCPenney among best places to find Black Friday discounts

Zoe Mills, a retail analyst at the consultancy GlobalData, said that even though there had been "prolific discounting" already this year, Britons were expected to spend £10.4bn during the Black Frida...

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California wildfires: Number of missing leaps to 600

California wildfires: Number of missing leaps to 600

A list of those missing in Butte County grew overnight, many of them elderly. "I want you to understand that the chaos we were dealing with was extraordinary", he said. "This is one of the worst d...

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Apple shares drop as iPhone's sluggish sales raise red flags

Apple shares drop as iPhone's sluggish sales raise red flags

TF International Securities analyst Ming-Chi Kuo cut his forecast for iPhone XR shipments from 100 million to 70 million. Apple didn't immediately respond to a request for comment on the report...

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Oil prices climb after Saudi Arabia announces production cut

Oil prices climb after Saudi Arabia announces production cut

Neither al-Falih nor al-Mazrouei directly criticized Trump, but Mohammed Hamad al-Rumhy, Oman's oil and gas minister, blamed the USA president for some of the volatility striking the oil market. "Whil...

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US's Bolton says more sanctions likely on Iran

US's Bolton says more sanctions likely on Iran

India is also Iran's second-biggest oil customer and will be one of the most exposed to a forced drop in supply because of its relative proximity to Iran. That's another reason the producers agreed t...

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Amazon considers New York, Virginia amid reports of HQ split

Amazon considers New York, Virginia amid reports of HQ split

News reports in recent days have said that the Seattle company has selected Northern Virginia and the NY borough of Queens to develop dual headquarters facilities that will employ 50,000 people. But...

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