Markets

Oil prices chart new territory on supply-side concerns

The spike was the latest fallout from the Trump administration's decision to abandon the landmark Iran nuclear deal and reimpose sanctions on Iran - a move that has strained relations between the Unit...

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Left-wing president elected in Mexico

Left-wing president elected in Mexico

The 64-year-old former mayor of Mexico City lost two earlier bids for the presidency in the 2006 and 2012 elections. He said he will seek a relationship of "friendship and respect" with the Unite...

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Walmart Draws Fire as Third-Party Sellers Hawk 'Impeach 45' T-Shirts

Walmart Draws Fire as Third-Party Sellers Hawk 'Impeach 45' T-Shirts

Other impeach Trump items were also available via Walmart.com, as were items bearing the president's signature "Make America Great Again" slogan. "So I searched myself", another user wrote. The t-shir...

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European Union warns Donald Trump he risks $294bn trade tariff reprisals

European Union warns Donald Trump he risks $294bn trade tariff reprisals

Tom Donohue, president of the U.S. Chamber of Commerce, is launching a new campaign to oppose Trump's trade tariff policies. President Donald Trump cited national security concerns for the previ...

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EU Warns US Imposing Car Import Taxes Could Backfire

Steep US tariffs on more than US$30 billion in Chinese imports are due to take effect Friday as retribution for Beijing's alleged theft of US intellectual property. The EU has retaliated against t...

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HTC Is Laying Off 1500 Employees From Its Taiwanese Division

HTC Is Laying Off 1500 Employees From Its Taiwanese Division

According to HTC , the layoffs "will allow more effective and flexible resource management going forward". The mobe maker has persistently failed to come up with anything that pushes it ahead of co...

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Oil prices drop as KSA, Russia 'boost output'

Oil prices drop as KSA, Russia 'boost output'

Now, Washington is stepping up pressure on all countries, including India and China , to completely stop buying oil from Iran by November 4. Trump has imposed tariffs on steel and aluminum in respon...

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When is Amazon Prime Day 2018? The date you need finally revealed

When is Amazon Prime Day 2018? The date you need finally revealed

Amazon Music Unlimited - 4 months for $0.99 This is a fantastic deal as Amazon Music Unlimited is usually $11.99 a month. Mr Low told BT that Amazon has tweaked its platform to cater to the tas...

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Dell set to go public again after EMC buy transforms it

Dell set to go public again after EMC buy transforms it

Dell said it will propose to exchange each share of VMware tracking stock for 1.3665 shares of Dell Technologies Class C common stock, or at the holder's election, $109 in cash, subject to the total...

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Automakers, manufacturers oppose president's call for auto tariffs

Automakers, manufacturers oppose president's call for auto tariffs

In a filing with the U.S. Department of Commerce , the company said import tariffs "could lead to a smaller GM " with a reduced footprint at home and overseas, if the tariffs aren't "tailored" to ...

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Oil falls as Saudi, Russian output rises

Over the weekend, US President Donald Trump tweeted that King Salman of Saudi Arabia agreed to increase oil production by 2 million barrels per day (bpd), "because of the turmoil & dysfunction in I...

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Social Reactions: LeBron James joins the Los Angeles Lakers

Social Reactions: LeBron James joins the Los Angeles Lakers

One of the stars that welcomed James with open arms includes worldwide soccer superstar Zlatan Ibrahimovic, who famously moved to MLS this year to play for the LA Galaxy. "Thank you Northeast Ohio for...

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Saudi King made no promises on oil production despite Trump's request

Saudi King made no promises on oil production despite Trump's request

Crude oil hit its highest level in three-and-a-half-years in the week gone by. If Saudi Arabia were to respond to Trump's request, it would stretch spare production capacity to the limit, meanin...

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GM WARNS: Trump's tariffs 'undermine our ability to compete' (GM)

The EU sent comments to the US for consideration in the Department of Commerce investigation into whether auto imports pose enough of a threat to USA national security to justify tariffs and estimat...

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India has 'Plan D' for Iran oil as Trump adds sanction pressure

The US-led sanctions are aimed at pressuring Iran to negotiate a follow-up agreement to halt its nuclear programme, following Trump's withdrawl from a 2015 nuclear deal agreed between Iran and six m...

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Elon Musk Hails Tesla Reaching Goal Of 5000 Model 3s A Week

Elon Musk Hails Tesla Reaching Goal Of 5000 Model 3s A Week

PDT, several hours after the midnight target set by CEO Elon Musk. In the email, Musk noted that the company had also achieved its production goals of 7,000 Model S and X vehicles in that same week....

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Coast Guard searching for cruise ship worker who fell overboard

Coast Guard searching for cruise ship worker who fell overboard

Christine Duffy, president of Carnival Cruise Line, released a statement that reads in part, "This is nothing short of miraculous". The unidentified crewmember was found Sunday by the Carnival Glory a...

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Amazon seeks entrepreneurs for delivery service

Amazon seeks entrepreneurs for delivery service

To help keep startup costs as low as $10,000, entrepreneurs will also have access to a variety of exclusively negotiated discounts on important resources they'll need to operate a delivery business....

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Trump claims Saudis will boost oil production

Trump claims Saudis will boost oil production

The news agency also reported Saturday that Saudi Energy Minister Khalid al-Falih said the kingdom will increase output by hundreds of thousands of barrels, with exact figures to be determined later. ...

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Leaked Database Exposed Individual Records on 340 Million Americans

Leaked Database Exposed Individual Records on 340 Million Americans

Though some information is outdated, Wired claims the database contains details on "more than 400 variables on a vast range of specific characteristics: whether the person smokes, their religion, ...

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Saudi king said will boost oil output if needed - White House

Saudi king said will boost oil output if needed - White House

Saudi Arabia said in a statement on the state-run Saudi Press Agency on Saturday that King Salman had received a telephone call from Trump and the two discussed the need to make efforts to " mai...

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Threats from U.S. put new pressure on Iranian oil importers

Threats from U.S. put new pressure on Iranian oil importers

Given the huge energy needs, India and China are major importers of Iranian oil and if the U.S. sanctions come into effect both would be the worst affected. Bank Wealth Management. However, China...

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US Crude Oil Price Strength Shows No Sign of Ebbing

US Crude Oil Price Strength Shows No Sign of Ebbing

US futures fell on the news that Saudi Arabia was planning a significant output boost, then surged above US$70 a barrel for the first time in a month after the US State Department revealed the full ...

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Trump asks Saudi Arabia to increase oil production

U.S. President Donald Trump revealed Saturday he asked Saudi Arabia's King Salman to increase his country's oil production "maybe up to 2,000,000 barrels". Iran's Supreme Leader Ayatollah Ali ...

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Amazon launches Delivery Service Partner program

Amazon launches Delivery Service Partner program

However, Amazon will continue to work existing partners, including UPS and FedEx , in addition to the USPS and smaller last-mile delivery partners, for some time. Shares of UPS and FedEx were d...

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