Economy

Canada trade deal 'eminently possible,' Freeland says

Canada trade deal 'eminently possible,' Freeland says

Freeland will spend Tuesday in the USA capital before she heads to Saskatoon to attend Liberal caucus meetings that begin later in the day and run through Thursday. Trudeau, who over the a year ago ha...

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Amazon’s Jeff Bezos Knocked Trump for His ‘Dangerous’ Criticism of the Media

Amazon’s Jeff Bezos Knocked Trump for His ‘Dangerous’ Criticism of the Media

His private ownership of The Washington Post , which has published articles critical of the White House, has also put him at odds with US President Donald Trump. He said "we have made tremendous prog...

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Was Obama worse to the press than Trump?

Was Obama worse to the press than Trump?

In a rare breaking of ranks, Fox Business host, Charles Gasparino, called out President Donald Trump on Tuesday, writing on Twitter, "when was the last time [Donald Trump] said something that wa...

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Congress-led Bharat bandh fuels Opposition fire against Centre

Congress-led Bharat bandh fuels Opposition fire against Centre

The government, he said, anticipates that worldwide oil prices, which together with a drop in the value of rupee has been fuelling the fuel price rise to record levels, will moderate in coming day...

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Barack Obama says midterms represent chance for sanity

Barack Obama says midterms represent chance for sanity

Obama acknowledged positive things had emerged from what he deemed the current "political darkness", like the activism of the students from Parkland High School, the surge of female candidates and th...

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After Rajasthan, Andhra Pradesh slashes fuel prices by Rs 2 per litre

After Rajasthan, Andhra Pradesh slashes fuel prices by Rs 2 per litre

According to petroleum dealers in the State, compared to Friday's price, petrol on Saturday cost 41 paise more while diesel price rose 48 paise a litre. Maharashtra has the highest Value-Added Tax of ...

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Goldman Sachs Drops its Plans to Open Crypto Trading Desk

Goldman Sachs Drops its Plans to Open Crypto Trading Desk

Last April it was also reported that Goldman Sachs hired an expert in crypto trading , Justin Schmidt, to explore the benefits of a Goldman Sachs crypto trading platform, which the financial ...

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China's trade surplus with U.S. hit new record in August

China's trade surplus with U.S. hit new record in August

In addition to its Apple Watch and its wireless Air Pods, Apple ( AAPL ) said tariffs would affect the Apple Pencil, HomePod and MacMini, along with adapters, cables and chargers. The $200 billion l...

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Alibaba's Jack Ma 'to step down'

Alibaba's Jack Ma 'to step down'

Ma started his journey with just U.S. $ 60,000 - loaned to him by friends, and started Alibaba in 1999. Mr Ma co-founded Alibaba in 1999 and has seen it become one of the world's biggest internet co...

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Where US and Canada disagree on NAFTA

Where US and Canada disagree on NAFTA

Canadian Foreign Affairs Minister Chrystia Freeland is scheduled to meet U.S. Trade Representative Robert Lighthizer in Washington Wednesday after a series of back-to-back meetings last week faile...

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Museveni in Beijing for China-Africa meeting

Museveni in Beijing for China-Africa meeting

Jeremy Stevens, global economist for the Standard Bank Group, said many felt it would not be "politically appropriate" to pledge huge loans given concern that Africa is becoming overloaded with Chines...

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Trump renews threat to withdraw USA from NAFTA

Trump renews threat to withdraw USA from NAFTA

The US president warned Congress against interfering, threatening to kill the deal single-handedly. The U.S. and Mexico reached a deal on Monday that excluded Canada . Talks on a new trade deal sta...

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This life-size, driveable Bugatti is made of LEGOs

This life-size, driveable Bugatti is made of LEGOs

Is this the most impressive LEGO creation you've ever seen? Everything else, from working head and tail lights, to doors that open and close, to a lavishly detailed, blocky interior (with a stee...

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Court quashes Canada’s approval of pipeline

Court quashes Canada’s approval of pipeline

August 30, 2018: The Federal Court of Appeal overturns the Trudeau government's approval of the contentious Trans Mountain pipeline expansion . Trudeau's government introduced a federal carbon...

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State lawmakers send net neutrality proposal to the governor

State lawmakers send net neutrality proposal to the governor

The California Bill is the most significant victory for supporters of net neutrality rules since the FCC chairman, Ajit Pai, scrapped federal regulations a year ago. Gov. Jerry Brown , a Democr...

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Whitbread to sell Costa Coffee chain to Coca-Cola for £3.9billion

Whitbread to sell Costa Coffee chain to Coca-Cola for £3.9billion

Doing so, Whitbread said, would "provide headroom" to expand Premier Inn in Britain and Germany. Chief executive Alison Brittain said Whitbread would now focus on its Premier Inn business in the Uni...

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99.3% of demonetised currency returned to banks: RBI

99.3% of demonetised currency returned to banks: RBI

The statistics suggest that the demonetisation exercise failed to check black money, which was claimed to be one of the main aims of banning specified notes. "Swadeshi" economist S. Gurumurthy, who wa...

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Tesla buyout drama obscures progress on Musk's crucial model 3

Tesla buyout drama obscures progress on Musk's crucial model 3

Investors now must brace for another potential wild ride when USA trading opens Monday, while regulators and lawyers autopsy what happened to a deal potentially valued at US$82 billion and Tesla's boa...

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USA and Mexico Tentatively Set to Replace NAFTA With New Deal

USA and Mexico Tentatively Set to Replace NAFTA With New Deal

Canada has not yet agreed to join the agreement, and Trump said on Monday that he would be in touch with Canadian Prime Minister Justin Trudeau " very soon " to discuss Canada's participation in ...

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Supply pressures add up to rally in crude oil prices

Supply pressures add up to rally in crude oil prices

Oil prices rose 3%, with Brent crude futures hitting a three-week high. “Crude stocks drew due to sharply lower crude imports and near-record refinery crude runs.”. A key index of the dollar versus...

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US, China raise tariffs in latest round of trade dispute

US, China raise tariffs in latest round of trade dispute

The US president said any resolution would "take time because China's done too well for too long, and they've become spoiled". China's Commerce Ministry said in Beijing that it has filed a compl...

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Beleaguered Australian PM Turnbull clings to power

Beleaguered Australian PM Turnbull clings to power

The showdown is on, with Julie Bishop and Scott Morrison ready to run against Peter Dutton for the Liberal leadership and Malcolm Turnbull all but certain to call a spill at midday. "If I was ...

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Dershowitz: Trump's language on Manafort suggests he's considering a pardon

Dershowitz: Trump's language on Manafort suggests he's considering a pardon

So Cohen's lawyer former White House Special Counsel Lanny Davis set up a GoFundMe page called the " Michael Cohen Truth Fund " with a goal of the online fundraiser with the goal of $500,000. "For...

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Turkey to Boycott US Products In Response to Sanctions

Turkey to Boycott US Products In Response to Sanctions

The U.S. also warned Turkey on Thursday to expect more economic sanctions unless it hands over Brunson, as relations between the two countries took a further turn for the worse. "They should have give...

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SEC's Clayton says agency studying frequency of corporate reporting, after Trump tweet

SEC's Clayton says agency studying frequency of corporate reporting, after Trump tweet

Securities and Exchange Commission to study the impact of allowing companies to file reports with the financial regulator every six months instead of every quarter. In a report published by the ...

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Consumer Inflation Eases To 4.17% In July

Consumer Inflation Eases To 4.17% In July

House price growth outside of London is being supported by a continuing shortage of stock whereas the capital and the south east can't hide behind this excuse any longer. Alan Collett , fund manager a...

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Turkish court rejects United States pastor's appeal for release

The currency has lost a third of its value this year. Following the announcement, the lira firmed briefly to 5.8699 from 6.04 to the USA dollar, but later eased back to 6.0200 at 1538 GMT. goods. "T...

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Turkey will emerge stronger from lira crisis despite USA row

Turkey will emerge stronger from lira crisis despite USA row

Trump then called Brunson a "very innocent man" and said his arrest was "not fair, not right". President Donald Trump doubled tariffs on Turkish metals exports to the United States last week pro...

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Turkey to boycott USA electronic goods

Erdogan spoke on the phone with German Chancellor Angela Merkel on Wednesday, the Turkish presidency said while he is due to speak with French President Emmanuel Macron on Thursday. The chief execut...

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Erdogan to boycott iPhones as Turkey's feud with U.S. escalates

Erdogan to boycott iPhones as Turkey's feud with U.S. escalates

Erdogan showed no signs of heeding their advice, calling on Tuesday for a boycott of USA consumer electronics. "If they have the iPhone, there is Samsung elsewhere". Erdogan also has called on pe...

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Turkish currency crisis adds to misery of Indian rupee

Turkish currency crisis adds to misery of Indian rupee

Kapil Sibal, former HRD minister, "congratulated" the prime minister for doing what the Congress could not for 60 years with regard to the rupee value. "There is no point spending a lot of dollars in ...

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Turkey will boycott US electronics: Turkey

Turkey will boycott US electronics: Turkey

Bayer plunged 11 percent in Frankfurt after a shock USA ruling against its subsidiary Monsanto. Turkey's lira pulled back from a record low of 7.24 to the US dollar on Monday after the central ban...

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Tesla CEO Musk accused in lawsuit of defrauding shareholders

Tesla CEO Musk accused in lawsuit of defrauding shareholders

The US Securities and Exchange Commission (SEC) regulator contacted Tesla to inquire whether Musk's statements were factual and why the disclosure was made on Twitter rather than in a regulatory f...

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Saudi fund expressed support for taking Tesla private: Musk

Saudi fund expressed support for taking Tesla private: Musk

Musk and SoftBank Group's Masayoshi Son held talks a year ago that touched on taking Tesla private, two people with knowledge of the discussions have said . Yasir Othman al-Rumayyan, managing dir...

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Trump doubles tariffs on Turkey, stoking jitters

Trump doubles tariffs on Turkey, stoking jitters

It did not disclose details, but suggests Turkey might gravitate further away from its North Atlantic Treaty Organisation allies toward co-operation with Russian Federation, whose relations with the W...

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