Business

US Fed to continue gradual rate hikes to manage potential risks

Questioning Fed actions is normally off limits for U.S. politicians, since it could raise fears central bankers would feel political pressure and fail to act ...


At least 4 reported killed in shooting at Florida video game tournament

They also said that people were being taken out on stretchers. On Sunday evening, the Federal Bureau of Investigation said, its agents searched a family home...


Giuliani: If Trump were impeached 'the American people would revolt'

Debates about whether you can indict a president do not excuse Congress from its responsibility to impeach Trump for "treason, bribery, or other high crimes &...


Malcolm Turnbull faces high noon leadership challenge

Another Turnbull supporter, Darren Chester, apologised to voters and said they "deserve better than numerous things our Federal Parliament has served up in the ...


Korea Sanctions at Anchor in Busan

The Deputy Minister also said that from the beginning of 2017, the US government imposed sanctions against 217 Russian legal entities and individuals. "We will ...


1,400 Google Employees Protest Company’s Censored Search Engine For China

Google spokespeople did not immediately respond to a request to comment. Addressing this, Google Chief Executive Officer Sundar Pichai told employees at a m...


US Threatens More Turkey Sanctions if Pastor Not Released

Turkey has been rocked in recent days by a sharp decline in the value of its lira after US President Donald Trump tweeted last Friday that Washington was...


US Warns Turkey of Sanctions if it Does Not Release Pastor

Its precipitous decline has raised concerns about the resilience of Turkey's banking sector and caused ructions on global markets. Ankara's central bank too...


China to send delegation for USA talks to avert trade war

China's Commerce Ministry says it will not accept any unilateral trade measures, but welcome dialogue. US Commerce Minister Wilbur Ross held talks with Chin...


Tesla forms three-member panel to look at any Musk deal

Tesla 's board of directors announced Tuesday that it has formed a three-person panel to evaluate any proposal by CEO Elon Musk to take the company private,...


Rupee slumps below 70 against USA dollar

He said that $23 billion of the country's foreign exchange reserves have been used to defend the rupee. It had ended at 68.84 to the dollar on Friday. However...


Iran's top leader bans any negotiations with Washington

Trump's determination to push ahead with sanctions on Tehran which also target European companies doing business with Iran has opened another battle front. "...


United States airline worker steals plane, takes it for flight before crashing it

Federal investigators say a stolen Horizon Air turboprop plane broke into many pieces when it crashed into an area of thick brush on a small island in the Pug...


Erdogan says US 'wrong' to threaten Turkey after Trump doubles tariffs

The announcement accelerated the sell-off of Turkey's lira currency, already battered by worries about President Tayyip Erdogan's influence over the central b...


Turkey's Erdogan repeats call to Turks to help shore up lira

At the same time , the USA froze the sale of 100 F-35s to Turkey, despite their co-operation for their manufacturing and production since 2008. Mr Erdogan ...


Unveiling of provincial buck a beer scheme expected today

Even a brand like Laker, which once prided itself on its $1-a-bottle price point, is retailing at $1.95 for a 473 ml can. Several small brewers, among the provi...


Elon Musk tweets about going private and shares 'skyrocket'

Taking Tesla private would be an extreme albeit effective way of muting Tesla's bears, according to Michael O'Rourke, chief market strategist at JonesTrading. ...


China plans tariffs after latest United States trade threat

Those tariffs have not taken effect, and a final decision on their size and scope is not expected until next month. The decision was made in response to a US ...


Oil falls 2% on rising supply, concern about trade tensions

Iranian officials have warned the country would not easily yield to a renewed USA campaign to strangle Iran's vital oil exports. Brent crude futures LCOc1 w...


Apple becomes first United States company worth $1 trillion

Chinese oil company PetroChina reached a $1 trillion valuation in 2007 before seeing its value drop to around $260 billion during the global financial crisis ...