Economy

Cyber-Attack? China-US Relations Deteriorating Amid Trade War

Cyber-Attack? China-US Relations Deteriorating Amid Trade War

China has slammed the US Vice President's attack on its domestic and foreign policies as a total "slander" and a "very ridiculous" attempt by Washington to shift focus from its own meddling and infr...

by · Economy
Weedcraft Inc: Trailer and Release Date For Devolver Digital Marijuana Tycoon Sim

Weedcraft Inc: Trailer and Release Date For Devolver Digital Marijuana Tycoon Sim

In the meantime, you can see the game's announcement trailer and a handful of screenshots of the title above. From early indications, the game is reminiscent of the Sim City series, games that allow...

by · Economy
Fuel duty to be frozen for a ninth year in a row

Fuel duty to be frozen for a ninth year in a row

Theresa May has announced that fuel duty is to remain frozen. "Greener Journeys' research shows that the government's continued freeze on fuel duty has caused there to be 4% more traffic and an add...

by · Economy
United States vice president says China interfering in American politics

United States vice president says China interfering in American politics

Pence is scheduled to speak at 11 a.m. EDT at the Hudson Institute in Washington , D.C. Watch the vice president's remarks in the player above. Pence's speech comes a week after Trump accused China...

by · Economy
USMCA trade deal impact on Alabama farmers

USMCA trade deal impact on Alabama farmers

On Sunday, it was announced that the parties had reached a new agreement, which is now being referred to as the U.S. -Mexico-Canada Agreement - or USMCA . had a multi-pronged attack on its trading ...

by · Economy
Petrol prices cut by Rs 5 in Maharashtra

Petrol prices cut by Rs 5 in Maharashtra

Diesel has touched an all-time high of Rs 80 in Mumbai and Rs 79 in Chennai. Petrol and Diesel prices in Delhi are Rs 83.99 per litre (increase by Rs 0.15) & Rs 75.45 per litre (increase by Rs 0...

by · Economy
Canada | New NAFTA Deal | Trump Tariffs

Canada | New NAFTA Deal | Trump Tariffs

The newly minted agreement is estimated to bring USA farmers a $70 million increase in exports to Canada's dairy market and greater access in the egg and poultry markets. The new bargain will replac...

by · Economy
Prominent Saudi journalist and govt critic ‘missing in Turkey

Prominent Saudi journalist and govt critic ‘missing in Turkey

Khashoggi, 59, is a longtime Saudi journalist, foreign correspondent, editor and columnist whose work has been controversial in the past in the ultraconservative Sunni kingdom. "Our efforts are contin...

by · Economy
Rupee at fresh record low; breaches 73-level against United States dollar

Rupee at fresh record low; breaches 73-level against United States dollar

The rupee has been setting one record low after another recently, with overseas investors having pulled a net $9.1 billion from Indian stocks and bonds this year amid an emerging-market selloff. Marut...

by · Economy
I told Saudi king he wouldn't last without U.S. support: Donald Trump

I told Saudi king he wouldn't last without U.S. support: Donald Trump

US President Donald Trump (C) receives the Order of Abdulaziz al-Saud medal from Saudi Arabia's King Salman bin Abdulaziz al-Saud (R) at the Saudi Royal Court in Riyadh on May 20, 2017. Last year Tr...

by · Economy
The New North American Trade Deal, Explained — NAFTA No More

The New North American Trade Deal, Explained — NAFTA No More

U.S. President Donald Trump had repeatedly threatened to impose tariffs on Canadian autos and auto parts if a new trade couldn't be reached. Outgoing premier Philippe Couillard has said that d...

by · Economy
Oil near four-year high as Washington's Iran sanctions loom

Oil near four-year high as Washington's Iran sanctions loom

USA oil prices hit their highest level since November 2014 on Tuesday and Brent crude was also near a four-year. Since mid-August, WTI has increased around 17 percent. The call comes days after the US...

by · Economy
Trump Says India Wants Trade Deal with America to Keep Him Happy

Trump Says India Wants Trade Deal with America to Keep Him Happy

While New Delhi threatened tariff hikes on 29 American products worth $10.6 billion as early as August, Prime Minister Narendra Modi's government reportedly chose to postpone the retaliatory measures ...

by · Economy
Doug Ford concerned about USMCA dairy concessions

Doug Ford concerned about USMCA dairy concessions

Washington has more than 450 dairy farms, with about 2,200 jobs created by of dairy exports. Then the Trans-Pacific Partnership opened up another 3.25 per cent of the market for the 10 countries inv...

by · Economy
Tesco launches Jack's discount chain to rival Aldi and Lidl

Tesco launches Jack's discount chain to rival Aldi and Lidl

Tesco's chief executive Dave Lewis has said that the launch of Jack's , a new discount chain that promises that "8 out of 10" products will be sourced from Britain, is nothing to do with the impendin...

by · Economy

Ontario dairy farmers need clarity on trade deal, province says

Canadian dairy farmers surrendered about 1.5 per cent of domestic market access through the Comprehensive Economic Trade Agreement between Canada and the European Union, 3.25 per cent when the 12-nati...

by · Economy

Canada poised to get new fossil fuel project

Essentially , the project by LNG Canada is to improve Canada's resources for liquefied natural gas by carving out a new route to Asia. Pierce would not comment on media reports earlier this wee...

by · Economy
Amazon Raises Minimum Wage to $15 for All Employees

Amazon Raises Minimum Wage to $15 for All Employees

The $ 15 per hour wage will include all types of employee: full-time, part-time, seasonal and temporary. The minimum wage also applies to employees working for Amazon's subsidiaries including Who...

by · Economy
Dunkin Donuts employee suspended after dumping water on sleeping homeless man

Dunkin Donuts employee suspended after dumping water on sleeping homeless man

The man says it was an accident, but the employee says it wasn't and that he won't call the cops, but the man has to leave. The video was posted to Facebook Sunday. Both workers involved were susp...

by · Economy
Elon Musk to step down as Tesla chairman

Elon Musk to step down as Tesla chairman

Still, despite the ever-present controversy and turmoil surrounding Musk and his baby, Tesla still has a ton of believers on social media. "Specifically, when companies and corporate insiders make ...

by · Economy
Passengers stranded as discount airline Primera Air collapses

Passengers stranded as discount airline Primera Air collapses

A statement Monday from Primera Travel Group to the airline travel site The Points Guy said the airline had been unable to secure long-term financing, and that it had no other choice than to file fo...

by · Economy
Oil races toward $85 as Iran sanctions loom

Oil races toward $85 as Iran sanctions loom

Oil prices have jumped to a four-year high as traders scramble to find alternative sources of crude ahead of United States sanctions against Iran, which come into effect next month. Still, oil majors ...

by · Economy

Donald Trumps heralds 'new dawn' with trade deal

Trump has regularly blasted NAFTA as disastrous for the US economy. He plans to sign the deal next month before sending it to Congress for approval. At the moment, more than 2 million vehicles a y...

by · Economy
GE Stock Soars After CEO John Flannery Unexpectedly Ousted

GE Stock Soars After CEO John Flannery Unexpectedly Ousted

GE had fallen 35 percent this year through September 28, following a 45 per cent decline in 2017. GE shares jumped 14 per cent to US$12.88 in early trading as investors bet Culp could re-energize th...

by · Economy

U.S. Crude Soars to Fresh Multiyear High as Rally Continues

Oil prices have jumped to a four-year high as traders scramble to find alternative sources of crude ahead of United States sanctions against Iran, which come into effect next month. "Iran has attempte...

by · Economy
Canadian dairy farmers' group pans new trade pact with U.S., Mexico

Canadian dairy farmers' group pans new trade pact with U.S., Mexico

The United States and Canada reached an eleventh-hour deal on Sunday to replace the North American Free Trade Agreement (NAFTA) and maintain a trilateral trade bloc with Mexico . Canada agreed to a c...

by · Economy
Tesla is 'very close' to profitability, Musk says in staff email

Tesla is 'very close' to profitability, Musk says in staff email

Neither Musk nor Tesla admitted or denied the SEC's findings as part of the settlement, which still must be approved by a court. Tesla did not immediately respond to a request for comment. "...

by · Economy
Fuel price hike: Petrol prices cross Rs 91 per liter in Mumbai

Fuel price hike: Petrol prices cross Rs 91 per liter in Mumbai

The price of Diesel in Delhi is Rs 75.09 per litre, whereas in Mumbai it is Rs 79.72 per litre. Currently, Brent crude oil is priced around $83 per barrel. This subsidy amount varies from month to m...

by · Economy
GE CEO John Flannery out, replaced by Lawrence Culp

GE CEO John Flannery out, replaced by Lawrence Culp

General Electric CEO John Flannery is seen at the company's office in New York City, U.S., June 26, 2018. Analysts polled by Bloomberg have a $15 price target for GE - 15% above where shares were se...

by · Economy
Jerry Brown net neutrality law sparks lawsuit from feds

Jerry Brown net neutrality law sparks lawsuit from feds

The Federal Communications Commission past year repealed rules that prevented internet companies from exercising more control over what people watch and see on the internet. In March, Brown accused th...

by · Economy
Aldi sales exceed £10bn for first time in United Kingdom and Ireland

Aldi sales exceed £10bn for first time in United Kingdom and Ireland

Aldi now operates 775 stores and plans to open 130 more between 2019 and 2020, creating 5,000 jobs. Sales for 2017 climbed by 16.4% to £10.2bn while operating profit rose 26% to £265.9m. It now acco...

by · Economy
SEC Lawsuit Against Musk Wiped $7.3 Billion From Tesla’s Market Value

SEC Lawsuit Against Musk Wiped $7.3 Billion From Tesla’s Market Value

The agreement eases pressure on Tesla's embattled CEO, who faced potentially being barred from serving as an officer or board member of a publicly traded company as a result of the charges, which stem...

by · Economy
‘Tens of thousands’ affected as Ryanair cancels 250 flights amid strikes

‘Tens of thousands’ affected as Ryanair cancels 250 flights amid strikes

The Dublin-based carrier has played down fears of widespread disruption but confirmed it would cancel about 250 flights. But it added 90% of flights would operate as normal. The cancellations acco...

by · Economy
US, Canada Make Final Efforts to Save NAFTA

US, Canada Make Final Efforts to Save NAFTA

Canadian Prime Minister Justin Trudeau said it makes no sense to sign onto a new NAFTA only to be hit by new tariffs and is seeking safeguards. The agreement would end more than a year of hard...

by · Economy
Britain to probe $5.2b ‘rip-off of telecoms, financial customers

Britain to probe $5.2b ‘rip-off of telecoms, financial customers

That amounts to an average of £877 per person, the charity said. Vulnerable customers, such as the elderly, are the most likely to be worst affected. "Citizens Advice have raised a number of import...

by · Economy