Business

U.S., European Union agree to ease trade tensions

U.S., European Union agree to ease trade tensions European Union imports of U.S. soybeans will remain strong for economic reasons with talks between U.S. President Donald Trump and European Commission President Jean-Claude Juncker giving them only a symbolic boost, European traders and analysts said. [Full Article...]

Facebook loses $130 bn in just two hour, Zuckerberg $17 bn

Facebook loses $130 bn in just two hour, Zuckerberg $17 bn In fact, about 175 companies in the S&P 500 are worth less than the US$15.9 billion that vanished from the fortune of the Facebook Inc. Shares were down as much as 20 percent. But Wehner said the product has "lower levels of monetization", while adding that the company plans to invest in growing the service. The Facebook CEO was worth a mere $66.8 billion on Thursday afternoon according to ... [Full Article...]

Rouhani says Iran should respond to Trump's ‘empty threats’ with action

Rouhani says Iran should respond to Trump's ‘empty threats’ with action This has been the case throughout the 2017-2018 crude oil bull market, despite significant supply growth thanks to USA shale production. A better-performing greenback makes dollar-denominated gold more expensive for traders using other currencies, effectively making it less attractive for investors. [Full Article...]

Mega Millions winning numbers announced for $522 million jackpot

Mega Millions winning numbers announced for $522 million jackpot The winning numbers were 1, 2, 4, 19, 29 and 20. Six, worth $1 million each, were sold in Arizona, Massachusetts, Michigan, Minnesota and two in New Jersey. There is one winning ticket in the latest Mega Millions drawing. A winning ticket in California "won the $522 million jackpot", the statement said. [Full Article...]

Facebook’s stock plummets on worries about its user and revenue growth

Facebook’s stock plummets on worries about its user and revenue growth Despite the rocky quarter, Facebook shares had hit an all-time high before Wednesday's earnings report and its quarterly revenue was still up 42 percent from this time a year ago. Facebook said it had 1.47 billion daily active users in June, compared with the 1.48 billion average of analysts' estimates compiled by Bloomberg . [Full Article...]

[WATCH LIVE] China's Xi Jinping calls for rejection of global trade war

[WATCH LIVE] China's Xi Jinping calls for rejection of global trade war Transnet also received a sizable cash injection from the Commercial Bank of China, while other sectors of the economy also received investments from the Asian country. He said the fact that South Africa is part of the Brics bloc gives it access to funding. Ramaphosa has focused on revitalising Eskom, Africa's largest public utility, which has been embroiled in corruption scandals under former pr... [Full Article...]

U.S. and European Union should ‘drop all Tariffs, Barriers and Subsidies’, Trump says

U.S. and European Union should ‘drop all Tariffs, Barriers and Subsidies’, Trump says Farm products have borne the brunt of tariffs imposed by trading partners angered by U.S. trade actions, and Agriculture Secretary Sonny Perdue said the aid program will provide relief. The agriculture sector was already suffering before the president's tariffs. U.S. Treasury prices also eased and the 10-year note's yield US10YT=RR ended the day at a one-month high near 2.98 percent. [Full Article...]

Did Anyone Win Tonight’s Mega Millions for July 20, 2018?

Did Anyone Win Tonight’s Mega Millions for July 20, 2018? This comes after a brisk $11 million boost across all 46 lottery jurisdictions. It is also the third jackpot of at least $400 million this year. Statistically, you have a one in 259 million chance of winning the Mega Millions jackpot. [Full Article...]

Trump administration announces US$12 billion aid plan for American farmers

Trump administration announces US$12 billion aid plan for American farmers He added, "This administration's tariffs and bailouts aren't going to make America great again, they're just going to make it 1929 again". Following the government's announcement, Tuesday, of a $12 billion plan to assist farmers who have been hurt by President Donald Trump's trade disputes with China and other trading partners, Nebraska's senators shared their thoughts on the plan. [Full Article...]

Excitement grows over $522 million Mega Millions jackpot

Excitement grows over $522 million Mega Millions jackpot It would be the largest Mega Millions prize won in the state if the victor is from MI. Tickets can be purchased at any New York Lottery retailer for $2, seven days a week. This is the seventh time the jackpot has exceeded $400 million. Workers at Country Gas and Convenience near Tannersville say they have been busy selling lots of Mega Millions tickets and the reason is that they are known to ... [Full Article...]

China trade surplus with U.S. hits historic high & timing couldn't be worse

China trade surplus with U.S. hits historic high & timing couldn't be worse The offshore yuan CNH=D3 fell almost 0.6 percent to a low of 6.8448 per dollar, its weakest since June 2017. Hedge funds and money managers switched to a net short position in COMEX gold contracts for the first time since 2016 in the week to July 17, US Commodity Futures Trading Commission data showed on Friday. [Full Article...]

Alphabet Earnings: Beats Estimates, Shares Rise 4%

Alphabet Earnings: Beats Estimates, Shares Rise 4% The tech titan's advertising business continues to be its bread and butter, with global ad sales topping out at $28 billion, up almost 25 percent year-over-year. Adjusted earnings per share were $10.58, excluding the fine and the effects of other investments. Alphabet has been aggressively looking to expand in several other avenues, right from cloud computing to computers to the voice assistant... [Full Article...]

Alphabet lifted by better-than-expected earnings

Alphabet lifted by better-than-expected earnings Wall Street analysts surveyed by Bloomberg are expecting the search giant to earn an adjusted $11.68 a share on revenue of $25.55 billion. While that's nearly three times the S&P 500 Index's gain, it trails Netflix, Amazon .com Inc. Alphabet is appealing the decision, which drove a 36% increase in costs in the quarter. Areas such as cloud computing and "other bets" have also added to Google's... [Full Article...]

Tesla reportedly asks for money back on payments to suppliers

Tesla reportedly asks for money back on payments to suppliers The newspaper cited a memo sent to a supplier the previous week. The electric automaker stressed that the request was essential to help it become profitable during a period of expensive production commitments. While Musk has said the company does not need to raise cash this year, several analysts have predicted that the electric vehicle maker would need to raise capital soon. [Full Article...]

Trump Ready to Slam Tariffs on All China Imports

Trump Ready to Slam Tariffs on All China Imports The rate rises, which make borrowing more expensive, are meant to head off uncontrolled price rises as the United States economy expands. The economy has continued to grow since Trump took office, with unemployment rates down, growth rising and the stock market up. [Full Article...]

US, North Korea to meet on Sunday over war remains

US, North Korea to meet on Sunday over war remains The Americans planned to send transit cases via truck to the DMZ, where they would be given to the North Koreans to use for the remains. The remains of several hundred U.S. After Pompeo's visit, North Korea accused his delegation of making "gangster-like" demands in connection with denuclearization. It marks a shift in tone from Mr Trump who previously said nuclear disarmament would start " ... [Full Article...]

GST Council has done well, can do more

GST Council has done well, can do more The GST Council on Saturday approved the new return formats and associated changes in law - a move that will simplify the tax filing process. Unlike cement, sanitary napkins , which have been exempt from GST, are not intermediate products. [Full Article...]

Ritz recall: Certain snacks recalled due to salmonella concerns

Ritz recall: Certain snacks recalled due to salmonella concerns The Canadian Food Inspection Agency is recalling "Ritz bits" sandwich crackers and No Name chicken nuggets for risk of salmonella contamination. If you think you became sick from consuming a recalled product, call your doctor. Healthy people may experience short-term symptoms such as fever, headache, vomiting, nausea, abdominal cramps and diarrhea. Salmonella can cause serious and sometimes ... [Full Article...]

May presses on with her Brexit plan

May presses on with her Brexit plan These are the Labour rebels who helped avert the defeat. He added that the political system in the country was "being torn apart" by Brexit and a second referendum may be needed if MPs could not reach a consensus on the issue. Former education secretary Nicky Morgan said the arrangement would "safeguard business and jobs". David Davis, who resigned last week as Brexit Secretary in protest ... [Full Article...]

Microsoft breaks $100bn in revenue

Microsoft breaks $100bn in revenue In the company's financial report for the fourth quarter of its 2018 financial year, Microsoft boasted of a 14 percent boost to revenue year-on-year taking it over $100 billion to $110.4 billion for the first time in the company's history. [Full Article...]


« Previous 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154 155 156 157 158 159 160 161 162 163 164 165 166 167 168 169 170 171 172 173 174 175 176 177 178 179 180 181 182 183 184 185 186 187 188 189 190 191 192 193 194 195 196 197 198 199 200 201 202 203 204 205 206 207  Next »