Business

Oil Slips Below $62 as US Inventories Rise

OPEC, Russia and other non-OPEC producers - an alliance known as OPEC+ - agreed in December to reduce supply by 1.2 million barrels per day (bpd) from January...


Google parent Alphabet Q4 results: shares down after earnings revenue beats estimates

In its announcement, Alphabet said Google and the other companies under its wing earned $39.27 billion , up 22 percent from $32.3 billion in Q4 2017. Alphabe...


Trump to call for unity, face skepticism in State of Union

Asked whether the structure is "a wall or fence" - Trump last week returned to saying wall, having previously suggested the wall could be a barrier, or a fenc...


High stakes trade negotiations between China and United States underway

US Trade Representative Robert Lighthizer, 71, is leading the American negotiating team, taking over from Commerce Secretary Wilbur Ross and Treasury Secretary ...


World stocks surge on Fed pledge to pause, dollar slips

The S&P 500 index added 1.6 percent, while Nasdaq Composite climbed 2.2 percent. Wall Street stocks rallied on Wednesday (Jan 30) following a dovish Federa...


Maduro says ready to negotiate with opposition with int'l mediation

There will be serious consequences for those who attempt to subvert democracy and harm Guaido", Bolton said on Twitter. Venezuela's socialist leader Nicola...


Apple iPhone revenue, once unflappable, is officially in retreat with 15% shortfall

Apple said it expects revenue between $US55 billion and $US59 billion for the current quarter ending in March, largely below analysts' average estimate of $US58...


U.S. charges Chinese tech giant Huawei, top executive

The company is also charged in a separate case with stealing trade secrets from T-Mobile, according to federal prosecutors. The arrest of Meng, the daughter...


US Imposes Sanctions Against Venezuela's PDVSA

Details of the USA plan comes as tensions in Venezuela threaten to boil over after opposition leader Guaido called for a strike on Wednesday followed by a large...


US Refiners Facing a Gasoline Glut Take Fresh Hit From Venezuela

Shortly after President Donald Trump recognized Guaido, Venezuelan President Nicolas Maduro severed relations with the United States and gave USA diplomatic per...


FAA halts LaGuardia flights: This map will help you track delays

The White House says President Donald Trump has briefed on airport delays amid the extended partial government shutdown . Flights departing for LaGuardia on ...


Rep Ilhan Omar Accuses Trump Of Waging 'Coup' Against Venezuela

But she said the support of Canada and other Latin American countries for Guaido shows the opposition is much broader. Luis Montilla, a steelworker, sees the ...


China Blasts Apple, Amazon for References to Taiwan and Hong Kong

Speaking to reporters in Washington on Tuesday, a senior defense official admitted that he was anxious about China now having the confidence to pull off major...


What happens now with Brexit? May's big defeat leaves no clear options

The Labour's leader's motion of no confidence failed to win support from any Conservative rebels, falling by 325 votes to 306. The result handed Ms. May invit...


Ocasio-Cortez Takes a Swipe at Trump’s Claims of Personal Wealth

Even if it didn't, Oscasio-Cortez's ensuing comment about Trump's income could strike a nerve: Trump has long claimed to be a self-made billionaire, although a ...


Terminal at Houston airport closed amid government shutdown

Bush Airport tweeted that passengers will be routed to either Terminal C or E until further notice. Airport officials said they plan to do the same on Sunday ...


China condemns Trudeau's remarks about Canadian's death sentence

As we move towards a fall 2019 election, Prime Minister Justin Trudeau received a barrage of criticism on his so-called town halls across the west. Trudeau is s...


European Union attempts to give Brexit reassurances ahead of a crunch vote

If, as widely expected, May loses Tuesday's vote, she will live to fight another day. Dozens of protesters gathered outside Sheffield Town Hall to call for a ...


Welsh ministers urge PM to delay Brexit if deal is rejected

Christopher Kirkland: A no deal is the worst possible option out of the options that are still available to us at this time. Amid the uncertainty, some membe...


California utility PG&E replaces CEO amid bankruptcy worries

Companies negotiate debtor-in-possession loans, often with existing lenders, when they are seriously considering bankruptcy protection so they can continue oper...