Markets

Spain, Portugal brace for record high temperatures amid scorching European heatwave

Anyone heading to mainland Europe over the weekend or early next week is advised to remain out of the sun as much as possible during the peak hours - 11am to 2p...


House of Fraser's future in doubt after Chinese investors pull investment

The Hamley's owner saw its shares plummet by 70% following news of the company's investment in House of Fraser . The announcement was made on 16 May of 2018. O...


Khabib vs McGregor set for October 6

McGregor won titles in Cage Warriors, transitioned into premier cage-fighting firm UFC, and continued to trounce his opponents. UFC President Dana White has o...


Trump proposes raising tariffs to 25% on $200 billion of Chinese imports

Moving forward with tariffs on $200 billion of Chinese imports would mean higher prices for a long list of consumer goods, acting as a drag on household incom...


Molson developing non-alcoholic drinks infused with cannabis

Hydropothecary would own the rest. As part of the agreement, Hydropothecary is going to issue share-purchase warrants to Molson, and both companies hope to cl...


Will Apple retain its trillion-dollar bite?

After the news, Apple's CEO Tim Cook released a memo to employees thanking them for their hard work. In comparison, competitor Amazon reached the $900 bil...


China threatens U.S. with $60B in tariffs on coffee, honey

The U.S. president has accused China and others of exploiting the United States in global trade, and has demanded Beijing make a host of concessions to avoid th...


Pompeo Renews Calls for the Return of American Pastor Imprisoned in Turkey

Pastor Brunson is an innocent pastor and they need to let him a return to the United States". How did the jailing of a U.S. pastor lead to sanctions on Turkey...


China Imposes $60B Retaliatory Tariffs on U.S.

The retaliation is in line with threats that the country had made to issue tariffs on USA goods essentially matching the amounts of new US tariffs imposed on ...


Apple just became the first $1 trillion public company

Apple first listed in 1980 and its stock has risen more than 50,000% since then. Before the release of the iPhone , Apple was reporting revenue of less th...


Trade threats unnerve global markets

The Chinese have retaliated in kind. On July 10, Washington unveiled a list of another US$200 billion in Chinese goods, from areas as varied as electrical...


Homebuyers’ pain as Bank nudges loan rate up to 0.75%

While savers may be hoping for better returns, Bank of England statistics show that the average interest rate on United Kingdom current accounts increased b...


Apple officially becomes the first $1 trillion company

Kawasaki credits Cook for executing Jobs' vision. Shares of Apple this week traded at about 15 times expected earnings, compared to Amazon at 82 times earni...


Oil prices drop on oversupply concerns as OPEC output increased in July

An attack by the Houthis on two crude oil vessels in the Red Sea forced Saudi Arabia to halt oil shipments through Bab Al Mendeb strait, which saw 4.8 mbpd ...


Chipotle closes restaurant after illnesses reported

The Delaware General Health District and the fast casual Mexican grill continue to investigate. The catalyst for the decline today is a story that was publi...


China Says U.S. Trade Pressure Won’t Work

The U.S. has said a second round on 16 billion dollars in Chinese imports could be implemented soon. While a trade dispute is obviously not comparable to a sh...


Sales tax on school, emergency supplies to take holiday August 3-5

While the first day of school might be about a month away, you can get a head start on some of that back to school shopping thanks to the yearly tax-free weeken...


Apple becomes first publicly traded company to be worth $1 trillion

Shares surged after Apple reported earnings that topped forecasts and a healthy outlook on Wednesday. Apple shares rose 2.7 per cent to an all-time high of ...


Tokyo stocks close lower as BoJ meets 30 July 2018

Germany's 10-year government bond yield DE10YT=RR , the benchmark for the euro zone, rose more than 4 basis points to a six-week high of 0.46 percent. The centr...


Ready-Made Salads, Wraps Recalled For Possible Parasite Contamination

Federal officials are warning consumers to be on guard for signs of intestinal distress if they've eaten any of more than two dozen types of salads and wraps so...


Tesla reports biggest loss in its history

Apart from offering classic Atari titles as Easter Eggs to Software V9.0, Musk also responded positively to suggestions of adding leaderboards for the games a...


Turkish court rejects U.S. pastor's appeal

Last week, Brunson was allowed to leave prison and remain under house arrest , but his request to leave Turkey was denied. "They can not make Turkey back dow...


Tesla built a United States dollars 1,500 surfboard limited to 200 units

Each surfboard is made to order, reinforced with lightweight "Black Dart" carbon fiber, which is a nod to Tesla vehicle interiors. If you're a surfer yourse...


Apple Flirts With $1 Trillion Market Cap After Strong Earnings Report

Chief executive Tim Cook has set the services business a target of delivering $14bn (£10.6bn) in revenue every quarter by 2020. The company said it expec...


Homeless Man Hands Out Resume on Corner, 200 Companies Call

His auto was repossessed last month, which is when he began sleeping in the park. Since then, he's been sleeping in a park, according to local outlet KNTV . 'I...