Money

Yet again, Tesla shares burned by barrage of awkward headlines

Yet again, Tesla shares burned by barrage of awkward headlines

Overall, Morton appears to have parted ways with Tesla amicably, stating that he still believes in the company's overall mission, as well as its future prospects. Elon Musk is back at it again! B...

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Freeland, Lighthizer finish NAFTA meeting, negotiators grind forward

Freeland, Lighthizer finish NAFTA meeting, negotiators grind forward

Department of Commerce, the International Trade Commission (ITC), the Canadian Border Services Agency and the Canadian International Trade Tribunal. All throughout NAFTA talks, the issue of supply m...

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Obama says Trump is 'the symptom, not the cause' of division

Obama says Trump is 'the symptom, not the cause' of division

He condemned moments of Trump's presidency and the White House . "We thought it was important to find a setting where he can find a cogent, rational argument outside of the more chaotic campaign a...

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Crude oil higher as weather and Iranian supply in focus

Crude oil higher as weather and Iranian supply in focus

India is allowing state refiners to import Iranian oil with Tehran arranging tankers and insurance after firms including the country's top hipper Shipping Corp of India (SCI) halted voyages to Ir...

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JD.Com CEO Detained in United States for Sexual Misconduct

JD.Com CEO Detained in United States for Sexual Misconduct

In addition to making Liu the highest-profile Chinese businessperson to be accused publicly of sexual misconduct, the case has raised concerns that loss-making Nasdaq-listed JD.com could face difficul...

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Trump Celebrates Labor Day by Attacking Labor Leader

Trump Celebrates Labor Day by Attacking Labor Leader

On Saturday, President Donald Trump tweeted that Canada will be left out of the new NAFTA agreement if a fair deal can't be reached, stating there was "no political necessity" for its inclusion....

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China to give $60 billion in financial support to Africa, Xi says

China to give $60 billion in financial support to Africa, Xi says

Xi promised at the Forum on China-African Cooperation (FOCAC) that "China's investment in Africa comes with no political strings attached". He says cooperation between China and Africa has brought a...

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European Union promises United Kingdom unparalleled partnership for amicable Brexit

European Union promises United Kingdom unparalleled partnership for amicable Brexit

Michel Barnier said it was a matter of "urgency" to agree the wording of a plan that would maintain the status quo on the Irish border, and gave no ground on the EU's controversial demand that the ba...

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Coca-Cola to buy United Kingdom coffee chain Costa for $5.1B

Coca-Cola to buy United Kingdom coffee chain Costa for $5.1B

But on Friday the company said a sale of the business is now "in the best interests of shareholders". The move is Coca-Cola's latest diversification as health-conscious consumers, at least in Amer...

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Chidambaram slams govt after RBI says 99.3% demonetised notes returned

Chidambaram slams govt after RBI says 99.3% demonetised notes returned

The government had introduced Rs 500 and Rs 2000 notes after demonetisation , which absorbed 85 per cent of the old currency notes from the economy. Lakhs of jobs were destroyed. When Indian Pr...

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US Government reacts to Trump calling Buhari

US Government reacts to Trump calling Buhari "Lifeless"

The government has held out the prospect of increased trade with non-European Union countries as one of the major selling points of Brexit as it prepares to leave the bloc, now its biggest trading p...

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Elon Musk is back to insinuating Thai cave diver is a

Elon Musk is back to insinuating Thai cave diver is a "pedo"

Shares of Tesla had lost as much as 3 per cent after earlier his comments. Tesla CEO Elon Musk , already facing an SEC investigation that started when he tweeted about taking his company private, h...

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Trump executive granted immunity in Cohen inquiry

Trump executive granted immunity in Cohen inquiry

A chief focus for investigators was Cohen's role in making payments during Trump's campaign to women who claimed they had sex with Trump, and whether campaign finance laws were violated. Though Don...

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Fed's Bullard warns of recession risk in raising rates

Fed's Bullard warns of recession risk in raising rates

The Fed in June increased interest rates for the second time this year, and pencilled in two more rate hikes for the year. Powell's speech discussed at length the challenges of monetary policy a...

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Allen Weisselberg, Trump Organisation CFO, granted immunity in Cohen probe

Allen Weisselberg, Trump Organisation CFO, granted immunity in Cohen probe

People instantly recognized who was in Conway's sights in this tweet. "By keeping celebrities' embarrassing secrets, the company was able to ingratiate itself with them and ask for favors in return"...

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Fed ready to hike again if economy remains on track

Fed ready to hike again if economy remains on track

Trump's remarks to Reuters follow reports that the president criticized the Fed's interest rate hikes at fundraiser in Long Island over the weekend. Donald Trump chose Jerome Powell past year ...

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

The central bank is created to be independent from political interference. "I'm not thrilled ", the president, who himself appointed Powell to lead the central bank, told Reuters on Monday . That's ...

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Whiteboards used as Gatwick flight information screens fail

Whiteboards used as Gatwick flight information screens fail

A spokesman for Gatwick Airport said: 'Due to an ongoing issue with Vodafone - an IT provider for the airport - our flight information screens are not displaying correctly. When the digital departur...

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Pepsi buys SodaStream for a future beyond cola

Pepsi buys SodaStream for a future beyond cola

PepsiCo chairman and chief executive Indra Nooyi described the companies as "an inspired match". Monday's sale looks to inject another big tax payout to Israel following previous the sales of Isr...

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Trump asks SEC to consider ending required quarterly reports

Trump asks SEC to consider ending required quarterly reports

In a tweet , he argued a longer time frame would "allow greater flexibility & save money". The SEC is an independent agency, and the president can not force it to implement rule changes. "I do ...

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Genoa search operation ends, bridge death toll rises to 43

Genoa search operation ends, bridge death toll rises to 43

A family of three - two parents and their nine-year-old daughter - were found overnight in their Hyundai vehicle which had been crushed by a concrete block, the ANSA news agency reported. Serie A has ...

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U.S. threatens further retaliation against Turkey over pastor

U.S. threatens further retaliation against Turkey over pastor

On August 10, President Donald Trump ramped up his attack on Turkey by doubling USA tariffs on Turkish aluminium and steel imports. Erdogan previously suggested a swap in which Brunson is released in ...

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United States prepared to add sanctions on Turkey if pastor not released

United States prepared to add sanctions on Turkey if pastor not released

U.S. Treasury Secretary Steven Mnuchin told Trump in cabinet on Thursday that more sanctions were ready if Brunson were not freed. But according to Middle East Eye , Turkish diplomats said th...

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Turkey's tariff hikes on USA products 'regrettable': White House

Turkey's tariff hikes on USA products 'regrettable': White House

Ankara's latest move follows President TrumpDonald John TrumpDems make history, and other takeaways from Tuesday's primaries Pawlenty loses comeback bid in Minnesota Establishment-backed Vukmir win...

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Investors sue Tesla's Musk over go-private tweets

Investors sue Tesla's Musk over go-private tweets

The number of Tesla Inc ( TSLA .O) shares sold short has rebounded and are now higher than before CEO Elon Musk proposed on Tuesday taking the electric auto maker private, according to data from f...

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Firefighter dies battling Northern California's Mendocino Complex blaze

Firefighter dies battling Northern California's Mendocino Complex blaze

About 3,900 firefighters, including a crew of 40 volunteers from New Zealand, had been battling the fire, contending with temperatures in the high 90s and winds gusting to 25 miles per hour. Cal Fire ...

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Tesla board forms a committee to weigh Musk’s proposal of going private

Tesla board forms a committee to weigh Musk’s proposal of going private

The SEC has asked Tesla for more details about Musk's tweets and proof that he has secured the necessary funding for the transaction. Their investigation is part of a larger probe into the information...

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Asia shares dip as Turkey's lira tanks

Asia shares dip as Turkey's lira tanks

The central bank surprised markets last month when it left interest rates unchanged despite double-digit inflation and the tumbling lira. The currency hit a record low of 7.23 per dollar late on S...

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U.S. tariffs hike adds to Turkey's economic problems

U.S. tariffs hike adds to Turkey's economic problems

While Turkey and the United States are at odds over a host of issues, the most pressing disagreement for Trump has been the fate of American Christian pastor Andrew Brunson, who is on trial on terro...

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How to Win Free McDonald's for Life

How to Win Free McDonald's for Life

MCDONALD'S is launching a shiny McGold card which gives one lucky customer free meals for life. The promotion starts today and runs through August 24. Rob Frankel, a Los Angeles-based branding stra...

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