Economy

SF90 plug-in hybrid is Ferrari's fastest ever road vehicle

SF90 plug-in hybrid is Ferrari's fastest ever road vehicle

At least two prospective buyers from Singapore are in Italy to see the new Ferrari . This is now the fastest accelerating auto in Ferrari's history, capable of running 0-100kph in only 2.5 seconds....

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Car manufacturing slumps by almost half in April

The cuts hit both vehicles intended for export and those for the United Kingdom market, down by 44.7 and 43.7%, respectively. It said that the measure - part of a raft of costly and ongoing continge...

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Trump to impose tariffs on Mexican goods over illegal immigration

Those tariffs were set to begin at 5 percent on June 10 and rise from there - to 10 percent on July 1 and ultimately hitting 25 percent on October 1 "unless Mexico substantially stops the illegal infl...

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Tesla opens bookings for made in China Model 3

Tesla opens bookings for made in China Model 3

Last week, Bloomberg published Tesla's estimated costs for the upcoming China-built Tesla Model 3 . The company has started taking pre-orders for the China-made version of the vehicle today for a d...

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Sound off on cell contracts

Sound off on cell contracts

The survey runs from May 29 until July 5 and takes up to approximately 15 minutes to complete. The government took a similar approach with rules around ticket scalpers, Farnworth said, with a publi...

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23 stores of Topshop tycoon Sir Philip Green to face closure

23 stores of Topshop tycoon Sir Philip Green to face closure

Arcadia owner Philip Green has offered to provide an additional £185m into the company pension fund to help reduce the scheme's deficit and attempt to win approval for a company voluntary arrangement ...

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Too Sour Or Too Delicious?:Canada Goose Holdings Inc, (TSX (Toronto):GOOS)

Too Sour Or Too Delicious?:Canada Goose Holdings Inc, (TSX (Toronto):GOOS)

Canada Goose Holdings Inc has a 12-month low of $39.32 and a 12-month high of $72.27. The Trend analysis of the Canada Goose Holdings Inc shows that the Company Sell the Trend Signal & having ...

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Trump says U.S. doing well in trade talks with China

Trump says U.S. doing well in trade talks with China

China today accused the United States of repeatedly lying after President Donald Trump said trade war tariffs were having a "devastating effect" on the Asian country's economy. The statement comes a...

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U.S. holds CBD Hearing as Fans, Sellers Await Legal Carity

U.S. holds CBD Hearing as Fans, Sellers Await Legal Carity

Evalon, a subsidiary of U.S. Bank, recently stopped offering merchant services to hemp-derived CBD businesses (ie.it stopped allowing them to accept secure credit or debit card transactions) owing t...

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China puts US soy buying on hold as tariff war escalates

China puts US soy buying on hold as tariff war escalates

We had a deal and they broke the deal. Mr Dai Xianglong, who headed the People's Bank of China from 1995 to 2002, and remains an influential figure in China, told a seminar in Beijing that China-US ...

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China reportedly halts United States soybean purchases as trade war escalates

China reportedly halts United States soybean purchases as trade war escalates

Even foreign ministry spokesman Lu Kang weighed in, telling a regular briefing he hoped everyone would watch the debate. "... Truth will emerge clearer from debates". "They're launching a full-scale i...

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Alibaba considering raising $20 billion through a second listing in Hong Kong

Alibaba considering raising $20 billion through a second listing in Hong Kong

The Chinese Tech company made an entrance on the New York Stock Exchange in the year 2014 September and raised $25 billion. Mainland investors will be allowed to trade Hong Kong-listed companies wit...

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Say Hello To Hennessey's 1000-HP Hellcat-Powered Jeep Gladiator

Say Hello To Hennessey's 1000-HP Hellcat-Powered Jeep Gladiator

Yes, that's 1000 horsepower, which translates to 745kW in metric speak, as well as maximum twisting force of 1265Nm, from a modified version of the 6.2-litre supercharged V8 engine otherwise found in ...

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President Trump hitting Mexico with 5% tariff in response to migrants

President Trump hitting Mexico with 5% tariff in response to migrants

He said the percentage will gradually increase "until the Illegal Immigration problem is remedied". "The Tariff will gradually increase until the Illegal Immigration problem is remedied", he wrote , ...

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Chinese yuan weakens to 6.8973 against USD Tuesday

Chinese yuan weakens to 6.8973 against USD Tuesday

Never the less, sources with knowledges regarding the fate of Yuan in a near-term outlook said in terms of anonymity that, China's Central Bank would be intervening into the foreign exchange marke...

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Dollar Tree announces it will sell alcohol in 1,000 stores

Dollar Tree announces it will sell alcohol in 1,000 stores

It will also expand freezers and coolers at 400 of its Family Dollar stores, the Virginia-based chain said. Dollar Tree's acquisition of Family Dollar locations hasn't had the desired impact, result...

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Sprint 5G network launches today in Atlanta, Dallas, Houston and Kansas City

Sprint 5G network launches today in Atlanta, Dallas, Houston and Kansas City

Once those nine markets are lit up, the 5G network should cover around 11.5 million people. Sprint is sending its 5G network live in four different regions around the U.S. Sprint's "first 5G devi...

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Say Hello To The 2021 Chevy Trailblazer

Say Hello To The 2021 Chevy Trailblazer

It takes the same approach as the new Buick Encore GX , which we suspect shares components with this new Trailblazer . The sporty theme continues with blacked-out pillars and gives the appearance of...

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Hook: US will respond with military force if Iran attacks its interests

Hook: US will respond with military force if Iran attacks its interests

Tehran denies any involvement. U.S. National Security Advisor John Bolton said on Wednesday that the attack near a UAE bunkering hub was connected to the strike on pumping stations on the kingdom's ...

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Huawei calls on U.S. to 'halt illegal action' against the company

Huawei calls on U.S. to 'halt illegal action' against the company

Huawei lawyers filed a motion for summary judgment Tuesday seeking an accelerated end to the lawsuit the company originally filed in March . Huawei ›s chief legal officer, Song Liuping, said ...

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US Treasury again says China is not manipulating currency

US Treasury again says China is not manipulating currency

Whether they target the exchange rate or the interest rate, central banks aim to keep consumer price inflation low and stable as their primary mandate. "Treasury will continue its enhanced bilateral e...

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Huawei to ask US court to throw out federal ban

Huawei to ask US court to throw out federal ban

Washington fears Huawei systems could be manipulated by Beijing to spy on other countries and disrupt critical communications, and is urging nations to shun the company in 5G networks. The ban, a ty...

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China mulls limiting rare-earth exports to US

China mulls limiting rare-earth exports to US

On Tuesday, Global Times editor in chief said that Beijing is " seriously considering " an embargo on rare earths. The US may not have a choice but to keep importing. The paper also called on the ...

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ACCC sues Sony for refusing refunds on faulty PlayStation games

ACCC sues Sony for refusing refunds on faulty PlayStation games

The allegations include that Sony Europe made false and misleading representations by telling customers it did not have to provide refunds for faulty games if it had been 14 days since the purchase ...

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Australian minimum wage to increase $21.60 a week

Australian minimum wage to increase $21.60 a week

The higher minimum wage will be paid from July 1, and will flow through to 2.2 million workers. The 3 per cent increase will apply to workers who have their pay set by the national minimum wage or a...

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Uber announces ban on passengers who receive low ratings from drivers

Uber announces ban on passengers who receive low ratings from drivers

Uber drivers have always been expected to remain above minimum thresholds in average ratings by passengers, and now riders are being called on to be similarly well-behaved. It expects only a small num...

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FX collusion scandal reaches Australia, class action launched

FX collusion scandal reaches Australia, class action launched

A law firm has launched a class action lawsuit. Five highly reputed banks in the world, including Citigroup, Barclays, RBS, JPMorgan Chase and UBS have been dragged to court in Australia for all...

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U.S. energy officials hail 'freedom gas,' 'molecules of freedom'

U.S. energy officials hail 'freedom gas,' 'molecules of freedom'

Under Secretary of Energy Mark W. Menezes unveiled the term " freedom gas " in the release, which notes that he highlighted the approval at the Clean Energy Ministerial in Vancouver, Canada. The use...

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Oil prices fall as United States stockpiles grow

Oil prices fall as United States stockpiles grow

AT 10:25 GMT, July WTI crude oil futures are trading $57.98, down $1.16 or -2.00% and August Brent crude oil is at $67.39, down $1.28 or -1.86%. Brent crude futures, the worldwide benchmark fo...

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EU's Tajani plays down Italian concerns over EU sanctions for debt

EU's Tajani plays down Italian concerns over EU sanctions for debt

ECB Vice President Luis de Guindos said that the economy performance is key to financial stability. Italy's victorious right-wing leader, Matteo Salvini, says the European elections have created "...

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Upbeat Bank of Canada Pours Cold Water on Rate Cut Speculation

Upbeat Bank of Canada Pours Cold Water on Rate Cut Speculation

The next interest rate decision is scheduled for July 10 when the central bank will also release a detailed monetary policy report . But by October, the market is anticipating nearly a 50 per cent ...

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Mixed picture for fuel price, says AA

Mixed picture for fuel price, says AA

Petrol price was increased from Rs98.88 to Rs108.42 - reflecting an increase of Rs9.54 per litre or 9.6%. Diesel rates were at Rs 66.69 per litre in Delhi and Rs 69.88 per litre in Mumbai. They took...

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Recall of flour because of potential E. coli sold at Aldi stores

The product was sourced from an ADM Milling Co. production facility in Buffalo. ADM calls itself "one of the largest producers of private label flour and corn products". For more information about the...

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China's Baoshang Bank taken over for 1 yr on 'serious credit risks'

China's Baoshang Bank taken over for 1 yr on 'serious credit risks'

The rare takeover, the first in almost two decades , also highlights the long struggle of some smaller regional lenders in China, which suffer from deteriorating asset qualities, inadequate capital b...

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Air Canada flights delayed due to technical issues

Air Canada flights delayed due to technical issues

Robin Smith, a spokesperson for the Greater Toronto Airports Authority, said the system was down from approximately 9 p.m. Tuesday to 12:20 a.m. Wednesday. Traveller Cartel Culter said he was forced t...

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