Business

Alphabet Stock Skyrockets on Stellar Earnings Despite $5 Billion E.U. Fine

The results topped Wall Street expectations. Last week, the European Commission (EC) fined Google a record €4.3 billion for abusing its dominance in search ...


Trump Announces $12B Bailout For Farmers

Republican Senator Ben Sasse, a frequent Trump critic, said the president's trade policies recalled a past of perilous economic instability. The aid is mea...


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

It will rely in part on a Depression-era program called the Commodity Credit Corporation , a division of the Agriculture Department that was created in 1933 ...


China says threats, intimidation on trade will never work

Washington also is now targetting another USD200 billion in imports which see fresh tariffs imposed as soon as September. US officials recently issued a list ...


Trump ratchets up criticism of Fed interest rate rises

His remarks to CNBC were not the first time that Trump has departed from a long-standing practice of USA presidents steering clear of commenting on Fed policy...


‘Lahu ka lagaan’ ends: Sanitary products made tax free

The drop in prices is so negligible that it would hardly make any difference for women who stay away from sanitary products due to their costs. Every state want...


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...