Business

Microsoft beats Wall St targets on cloud services revenue

If you needed any (more) evidence that Microsoft's Cloud platform is the future of the company, for the year ended June 30th, Microsoft smashed earnings exp...


Amazon's hopes its Prime Day doesn't go to the dogs

The deals begin on Monday July 16 at noon PT (3 p.m. ET) and last through Tuesday at 11:59 p.m. PT (Wednesday, 2:59 a.m. ET). Eastern time, according to Downde...


Donald Trump willing to slap tariffs on all Chinese imports

America's central bank has twice increased benchmark lending rates this year, following three raises last year. But rate increases also make borrowing costlier ...


Tesla to open plant in Shanghai with annual capacity of 500,000 cars

Tesla has reached a preliminary agreement with the Shanghai government to build a factory that'll rival production from its lone US assembly plant, as Elon Mu...


Trump Tariffs Against China Take Effect

This ship, carrying tons of US soybeans, had been racing against the clock across the sea, trying to arrive in Dalian port before the tariff war started. time (...


Previous Iran blames Washingtong for the spike in oil prices

Iran's OPEC Governor Hossein Kazempour Ardebili on Thursday took a shot at President Trump's comments, saying, "Your tweets have increased the prices by ...


Amlo win to usher in new era in Mexico

Traders were encouraged after a conversation between Lopez Obrador and Donald Trump yesterday in which they discussed border security, the North American Free...


Brent crude firms on drop in USA oil inventories, Iran threat

It's no secret that President Donald Trump is not a fan of The Organization of the Petroleum Exporting Countries (OPEC). USA crude oil production stagnated ...


Oil falls as Saudi, Russian output rises

The Trump administration vowed to stick with its pressure campaign against Iran on Monday, affirming its strategy to change Tehran's behavior by gutting its oil...


Tesla hits 5000-a-week Model 3 production goal

Customers queued in droves to place deposits to secure an order slot for a Model 3 when it was first announced . "When we start to provide customers an opp...


Teamsters Support Canada's Retaliatory Tariffs

On Friday, the federal government announced reciprocal tariffs on steel and aluminum imports, as well as duties on a wide range of products, including playing...


Trump asks Saudis to up oil output to lower prices

It's not yet clear if the increase with which, according to Trump, Saudi Arabia has agreed is in addition to the amount agreed with OPEC , though as Bloomberg ...


Bali volcano ash shuts airport, stranding passengers

The cancelled flights included those between Kuala Lumpur and Bali, between Bangkok and Bali, between Singapore and Bali, between Perth and Bali, between Jakart...


On Iran, the USA can’t push India further

He also referred to USA sanctions on Iran as "psychological, economic and political war", and that the US would pay for Trump's decision to withdraw from the mu...


Trump officials differ on investment curbs

The forthcoming restrictions would apply "to all countries that are trying to steal our technology ", he said . People familiar with the administration's pl...


Canada votes to legalise recreational cannabis

The Canadian government made history Tuesday as the Senate approved the Cannabis Act to make marijuana production and consumption legal country-wide after...


Iran to reject Saudi-Russia proposal to increase oil production

Trump has in recent months repeatedly blamed OPEC for a spike in oil prices, but Zanganeh said it was USA sanctions on Iran and Venezuela that had fuelled fea...


Chinese media says US has 'delusions', urges focus on domestic development

The Global Times, a widely read tabloid published by the ruling Communist Party's official People's Daily, said in an editorial China needed to be realistic a...


Trump threatens new tariffs on Chinese imports, Beijing calls it 'blackmail'

Saudi Arabia and Russian Federation are seeking to raise production by 1.5 million barrels per day, but they may not get their way, experts say . Goldman Sac...


What you need to know about Trump's new trade threat

China's commerce ministry warned on Tuesday that Beijing would fight back firmly with "qualitative" and "quantitative" measures if the United States implement...