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British Foreign Secretary makes 'Japanese wife' gaffe in China

British Foreign Secretary makes 'Japanese wife' gaffe in China

Britain's Foreign Secretary Jeremy Hunt (L) shakes hands with China's Foreign Minister Wang Yi before their meeting at the Diaoyutai State Guesthouse in Beijing , China July 30, 2018. An agreemen...

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United States and European Union agree to ease tensions over trade disagreements

United States and European Union agree to ease tensions over trade disagreements

The leaders agreed to "launch a new phase" in the relationship and "to work together towards zero tariffs, zero non-tariff barriers, and zero subsidies on non-auto industrial goods", Mr. The company c...

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Amazon's profit surpasses $2bn after boost from cloud and Prime

Amazon's profit surpasses $2bn after boost from cloud and Prime

The company during the most recent three quarters pulled in $6 billion in net income, a sum almost equal to its $6.1 billion profit during the prior 21 years. Net sales for Amazon Web Services , or A...

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Twitter’s stock plunges on weak user numbers

Twitter’s stock plunges on weak user numbers

Twitter's loses comes a day after Facebook made stock market history as it lost an unprecedented $120 billion in market value following its earnings report that sent investors into a panic over cooli...

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Zuckerberg loses $16 billion in record Facebook fall

Zuckerberg loses $16 billion in record Facebook fall

That could be down to the drop being a one-off, potentially following the Cambridge Analytica data sharing scandal , or even the sharing of private posts belonging to some 14 million Facebook user...

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Oil steady as U.S.-Iran row balances trade worries

Oil steady as U.S.-Iran row balances trade worries

Soleimani. A top Islamic Revolutionary Guards Corps ( IRGC ) commander in Iran says his forces are ready to confront US forces should President Donald Trump act on his warning that Tehran will "su...

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Facebook stock dives almost 20% on warning of slow revenue growth

Facebook stock dives almost 20% on warning of slow revenue growth

It also came as Europe implemented strict new data laws, which Facebook had warned could lead to fewer daily visitors in that region. "It wouldn't be surprising if a couple million very irritated ...

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China's Xi says 'no winner' in any trade war

China's Xi says 'no winner' in any trade war

Prime Minister Narendra Modi was welcomed by South African President Cyril Ramaphosa after he arrived in the country to attend the BRICS Summit beginning tomorrow. "China is the most important trade...

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Mega Millions prize approaches half a billion dollars

Mega Millions prize approaches half a billion dollars

The Mega Millions drawing will air Tuesday night on WNEP before Newswatch 16 at 11. Both tickets missed the yellow ball number, 1, that would have won them the entire pot. It now stands at $522 millio...

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Mega Millions Jackpot Increases to $433 Million Ahead of Friday Night’s Drawing

Mega Millions Jackpot Increases to $433 Million Ahead of Friday Night’s Drawing

It's been a banner year so far with two major Mega Millions jackpots already being won. The drawing was at 11 p.m. The odds of winning both jackpots are 1 in 75 quadrillion - that's 15 zeros - acc...

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Alphabet's quarterly profits fall after $5 billion European Union fine

Alphabet's quarterly profits fall after $5 billion European Union fine

Operating income for the period was $7.9bn, up 15 per cent year on year, or $2.8bn if you subtract the $5bn (€4.3bn) fine for breaking European Union antitrust rules, down 32 per cent. Including th...

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Australian farmers say Trump's $12 billion aid package will hurt them

Australian farmers say Trump's $12 billion aid package will hurt them

Agriculture Secretary Sonny Perdue said Tuesday the emergency aid package will use existing funding to mitigate the estimated $11 billion impact of "illegal tariffs" other countries have imposed ...

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White House Admits Tariffs Are Hurting Farmers As It Plans Relief Program

White House Admits Tariffs Are Hurting Farmers As It Plans Relief Program

Perdue was instructed this year to investigate potential remedy to farmers' concerns about tariffs and trade disputes between the US and its trading partners. 'What farmers in Iowa and throughout rura...

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Trump rips Fed for raising interest rates

Trump rips Fed for raising interest rates

In a portion of the interview that aired Thursday, the president said he wasn't happy about Fed rate increases. "I don't want them to be scared", he told CNBC. Responding to the president's latest...

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Modi govt slashes GST rate on several products: Here're details

Modi govt slashes GST rate on several products: Here're details

The Goods and Services Tax Council on Saturday slashed rates on over 50 products in a move aimed at appealing to traders and the middle classes as Prime Minister Narendra Modi's government eyes next y...

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Q4 FY2018 — Microsoft earnings

Q4 FY2018 — Microsoft earnings

The hit from the ongoing migration to cloud subscriptions continues; perpetually licensed commercial Office revenue was down 19 percent. Meanwhile, Microsoft's Intelligent Cloud business, which in...

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Target Releases Limited-Time Deals to Compete with Amazon Prime Day 2018

Target Releases Limited-Time Deals to Compete with Amazon Prime Day 2018

Hopefully, the website will be able to recover quickly so customers can enjoy the deals without frustration. The neat little bonus to this deal is getting a Pro Controller thrown in as well, which u...

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Trump says he's willing to hit all Chinese imports with tariffs

The White House in June already threatened to extend punishing United States duties progressively to up to US$450 billion in Chinese imports. The latest report , which cited a White House official,...

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Tesla Model 3 Performance: Musk announces more specs of future M3 rival

Tesla Model 3 Performance: Musk announces more specs of future M3 rival

The company plans to build its second plant, with a capacity to produce 500,000 cars a year, in Shanghai. Sales reports show that the company pulled out all the stops to avoid selling its 200,000t...

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Positive Jobs Report Outpaces Tariff Wars

Positive Jobs Report Outpaces Tariff Wars

Average hourly earnings increased by 0.2% month-on-month and 2.7% year-on-year, weaker than economists had forecast. Buoyant job creation: The U.S. These individuals accounted for 23 percent of th...

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Oil prices fall as Trump demands OPEC 'reduce pricing now'

Oil prices fall as Trump demands OPEC 'reduce pricing now'

Iran has threatened to block oil exports through a key Gulf waterway in retaliation for USA efforts to reduce Iranian oil sales to zero. Crude-oil prices retreated early Friday and were on track t...

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US job growth remains strong; wage growth still weak

The unemployment rate ticked up to 4% from 3.8%, but this was because more people entered the labour force looking for work. The Labor Department said that average hourly earnings rose five cents, o...

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There are no bullets or bombs, but trade wars have real casualties

There are no bullets or bombs, but trade wars have real casualties

A China central bank adviser said the planned USA import tariffs on $ 50 billion worth of Chinese goods - $34 billion plus a planned follow-on list worth $16 billion - will cut China's economic growt...

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Time difference gives China head start on tariff war with U.S.

Time difference gives China head start on tariff war with U.S.

Trump initially threatened to hit China with 25 per cent tariffs on a list of goods worth US$50 billion annually, over what Washington says is the rampant theft of U.S. Still, China's stance is str...

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China Warns US

China Warns US "Opening Fire" On World With Tariff Threats

If the USA starts taxing Chinese imports Friday, Beijing plans to impose 25 percent tariffs on 545 US products worth $34 billion a year - from soybeans and lobsters to sport-utility vehicles and whi...

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China tries to defuse trade pressure, says world benefits

China tries to defuse trade pressure, says world benefits

Germany's DAX was down 1.2 percent to 12,206 and France's CAC 40 shed 0.6 percent to 5,293. Wall Street was poised for a subdued open. Dow futures were down 0.1 percent and S&P 500 futures dipped 0....

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Tesla Just Barely Achieved Its Model 3 Production Goal in Q2

Tesla Just Barely Achieved Its Model 3 Production Goal in Q2

The technologist wrote: "We did it!" The boost in productivity has been attributed to GA4, the new Tesla production line which is located in a tent . "I think we just became a real auto company. th...

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End of an era: Toys 'R' Us stores close for good

End of an era: Toys 'R' Us stores close for good

Promise us just this one thing: Don't ever grow up. "It's sad. A lot of kids are really probably shopping online Amazon a place like that, but there's something special about going to a store like...

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Exactis exposed 340 million personal records to the internet

Exactis exposed 340 million personal records to the internet

News of the leak first broke in an in-depth article by journalist Andy Greenberg, for Wired . The information that may have been accessed contains the records of about 230 million consumers and 110 m...

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Iran looking for ways to export oil despite USA sanctions

Prices to high! He has agreed!" A little over an hour later, the state-run Saudi Press Agency reported on the call, but offered few details. They also spoke about the efforts of producing countries ...

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Crude oil futures up at Rs 4,615 per barrel

Crude oil futures up at Rs 4,615 per barrel

Oil production was flat at 10.9 million barrels per day last week, according to the Energy Information Administration. Oil fell on Monday as investors prepared for an extra 1 million barrels per d...

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US begins to dismantle Iran nuclear deal sanctions relief

US begins to dismantle Iran nuclear deal sanctions relief

Earlier this month, Trump faced isolation during recent G7 summit in Quebec, Canada skipping several sessions on climate change, clean energy and oceans. Iran, which is the third-biggest oil and sec...

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Harley-Davidson to shift some production out of United States over European Union tariffs

Harley-Davidson to shift some production out of United States over European Union tariffs

The company said in a filing Monday that the European Union tariffs on motorcycles exported from the US rose from 6 percent to 31 percent, the Associated Press reported . "In a sense, if you think ...

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Trump Blasts Harley-And Gets Facts Wrong-Again

Trump Blasts Harley-And Gets Facts Wrong-Again

It follows a proposed plan by Harley-Davidson to move some of its production overseas . "Our decision to move some of our operations is 100% based on President Trumps tariffs". Harley-Davidson ...

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Former Harley Davidson dealer Jim Renacci criticizes company's decision to export jobs

Former Harley Davidson dealer Jim Renacci criticizes company's decision to export jobs

Although Harley-Davidson had plans to move some operations to Thailand, it has chose to move all European-bound production overseas due to the EU's tariffs . "They're tax increases on Americans, ...

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