Money

Donald Trump, EU's Juncker agree to ease trade tensions

United States import tariffs of 25% on steel and 10% on aluminium, implemented in March, will remain in place during the talks. The EU has also vowed to impor...


Trump says China is targeting USA farmers, being ‘vicious’

The other would be a free trade agreement between the US and European Union covering industrial goods, which would amount to a narrower version of the Transa...


Al-Malki: Houthi attack on Saudi oil tanker fails

Saudi Arabia's Energy Minister Khalid al-Falih said in a statement that both VLCCs were fully laden at the time, and identified Bahri as the owner. This com...


Qualcomm confirms Apple likely to drop its modems in next iPhone

The iPhone maker prefers to source components from multiple companies, as that keeps one supplier from ratcheting up its prices. Complicating the situation is...


The Four-Day Work Week Is A Proven Success For Boosting Productivity

The key to the experiment's success was the staff input, said Jarrod Haar of the Auckland University of Technology, one of the researchers who conducted the e...


Ex-Ferrari boss Sergio Marchionne dies aged 66

Marchionne underwent shoulder surgery in late June. Born in the Italian town of Chieti in 1952, the charismatic Marchionne was educated in Canada and moved th...


Republicans visiting White House surprised by European Union trade announcement

The US and the European Union will also team up to address " unfair trade practices " at the World Trade Organization, Trump said , listing his long-standing...


Facebook's Stock Plummets As User Growth and Revenue Miss Expectations

The company reported $5.1 billion in profit, or $1.74 per share, compared with the average estimates of $5.1 billion and $1.72 per share among research gathered...


European Union agrees to buy more USA soy, import more liquified gas

The president again suggested the two sides could one day have no tariffs or barriers or subsidies on their products. My favorite word: "reciprocal", Trump sa...


BOJ offers unlimited bond buying as yields rise

Bond yields climbed as investors forecast the Federal Reserve will continue raising interest rates due to stronger growth and inflation pressures despite U.S....


Rouhani says Trump's 'empty threats' not worth a response

Iranian Foreign Minister Mohammad Javad Zarif responded to Trump with a Twitter post of his own, saying: "We've been around for millennia & seen fall of empir...


FCA shares hit after Marchionne's era ends

The Board of Directors of FCA, meeting today, firstly expressed its closeness to Sergio Marchionne and his family and underlined the extraordinary contributio...


United Kingdom to stockpile food in the event of no deal Brexit

Raab is effectively "minister for no deal" and the real negotiations will continue to be agreed by Robbins. After a chaotic two weeks that have seen senior mi...


California ticket wins $522 million Mega Millions jackpot

Players have a one in 259 million chance of winning the Mega Millions jackpot . More than a million people won a smaller prize Friday night, payouts which oc...


Facebook tiptoes into China by opening a startup incubator

The app never took off, marking another setback in China for Facebook. It has registered capital of $30 million. The new subsidiary is meant to set up an in...


Ex-Ferrari boss Marchionne dies following illness

The company wasn't specific about the cause of his death . Born in Chieti in Italy in 1952, his family subsequently moved to Canada when Sergio was 14. The...


No country has signed up for new Iran sanctions: US senator

If the U.S. carries out its threats against Iran, it will "practically expose the interests of itself and its followers in every corner of the world to the po...


Papa John's attempts to ward off founder with poison pill

He later called the resignation a "mistake". Schnatter acknowledged using the racial slur and apologized - but the company's board pushed him earlier in July...


Fiat Chrysler CEO Sergio Marchionne’s health crisis forced succession scramble

Sergio Marchionne, man and friend, is gone", FCA chairman John Elkann said. Fiat Chrysler (FCHA.MI) reported second-quarter operating profit below expectation...


Ex-Fiat Chrysler CEO Sergio Marchionne dies aged 66

Sergio Marchionne, man and friend, is gone", he said in a statement. Marchionne's death was confirmed by Fiat's holding company Exor NV, coming only days afte...


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