Markets

China: US claim that XI blocked deal "bogus"

Following Trump's tax cuts previous year, he told CNBC there could be a "2.0 and 3.0 and a 4.0". Kudlow didn't stop there. "I think the problem is getting...


GOP governor bolsters trade diplomacy with China

The U.S. says its tariffs on steel and aluminum are fair but that the other countries' were not. The spokesperson for the Asian Foreign Ministry, Hua Chunying...


Dollar drops further on Trump's comments on currency, rate hike

It's always been speculated that the taboo of commenting on United States monetary policy could change under Trump, who slammed the Fed during his election camp...


Trump heightens tariff threat in trade war with China

While the White House attempted to assuage concerns by reiterating the president's support for the Fed's independence, the comments still raised the spectre of ...


Trump threatens tariffs on all $500 billion of Chinese imports

The U.S. dollar index . DXY cut its gains after Trump's comments, while yields on U.S. Treasury securities hit session lows. Mr Trump's comments come before ...


Cloud-driven Microsoft crosses $100bn revenue for first time

Revenue in Personal Computing was $10.8 billion and increased 17 per cent. Gaming revenue increased 39 per cent, with Xbox software and services revenue growt...


Oil Prices Fall Following U.S. Inventory Rise

The U.S. government now holds about 660 million barrels in its underground tanks in Louisiana and Texas. A sharp jump in US crude oil inventories also added...


Google hit with $5.1b fine in EU’s Android antitrust case

President Donald Trump lashed out Thursday after Brussels hit USA tech giant Google with a record fine , and warned he would no longer allow Europe to take "...


UK PM Theresa May's Power Weakened Over BREXIT

Johnson said the customs plan set out at Chequers was "a fantastical, Heath Robinson customs arrangement". Johnson added: "We need to take one decision no...


United Kingdom inflation unexpectedly holds steady in June

The Consumer Prices Index including owner-occupiers' housing costs (CPIH) - the ONS's preferred measure of inflation - was 2.3% in June, in line with May's read...


MGM sues Vegas mass shooting victims, argues it isn't liable

The company argues in lawsuits filed Friday in Nevada , California and Utah that it has "no liability of any kind" to survivors or families of slain victi...


Papa John’s further shuns founder, evicting him from offices

He remains its largest shareholder, with more than 30% of company stock, and he is still on its board. Schnatter has apologized for his language but claimed...


Papa John blames Roger Goodell for pizza company's 'divorce' from the NFL

John Schnatter , and not Papa John's Pizza , purchased naming rights for Louisville football's " Papa John's Cardinal Stadium". The university said it al...


Elon Musk calls the cave diver who insulted him a "pedo"

Musk fired back on Twitter over the weekend, taking his reply a step too far in calling Unsworth a pedophile, causing many on the social media platform to ask...


Netflix Shares Fall After Streaming Service Reports Lower Than Expected Subscriber Numbers

Heading into earnings, the company said it had added 7.4 million new customers overall in the first quarter and the company was projecting to add another 6.2 mi...


Prime Day 2018: How to get the best deals, starting Monday

Amazon Prime Day starts today as the online retailer prepares to offer thousands of deals for those signed up to its subscription service. Amazon Prime Day 2...


Comcast boosts Sky bid, topping Fox offer in global standoff

This group of United Kingdom officials has said that whoever buys Fox's assets - which includes its 39 per cent stake in Sky - would have to bid for all of Sky ...


US lifts ban on China’s ZTE

Mark R. Warner (D-VA), Vice Chairman of the Senate Select Committee on Intelligence and a member of the Senate Banking and Finance Committees, joined Senate col...


Elon Musk brands Thai boys' rescuer Vern Unsworth a paedophile

Elon Musk called British diver Vernon Unsworth a "pedo guy" in a thread of Twitter attacks on Sunday. Musk has also defended himself from skeptics of th...


2008 beheading on Greyhound bus cited for drop in Saskatchewan bus ridership

Meantime, a First Nations leader is calling on the government to do something to ensure people can get around. "Intercity bus services within Canada, such as ...


Tesla 'whistleblower' files tip with the SEC (TSLA)

Tesla is the first US carmaker to trigger the reduced federal tax credit for electric vehicles, a phaseout triggered by it sales of 200,000 vehicles in the U....


How to get Prime Day deals without paying for Amazon Prime

For brands looking to cash in on the wider impact of Prime Day on consumers, they will need to be aware of regional differences, with the research revealing d...


McDonald's removing salads from 3,000 stores after illness

People often recover without medical intervention, according to the CDC , but antibiotics are also used to treat the condition. "This is especially important ...


Build-A-Bear ends pay-your-age special because of massive turnout

The website said local authorities helped them make the decision to close lines in all US stores. The promotion allows customers to make a furry friend of t...


Justice Department will appeal $85 billion AT&T, Time Warner merger

The appeal won't change anything at AT&T while the district court's ruling remains in effect, but comes as an unwelcome distraction for the company, where...