Business

Saudi energy minister rips Trump tweet: 'I do not influence oil prices'

Saudi Arabian Energy Minister Khalid al-Falih said on Sunday he does not influence oil prices , just two days after U.S. President Donald Trump called on ...


Trump accuses China of trying to 'impact' U.S. election with trade war

Trump reacted on Twitter , promising "great and fast economic retaliation against China if our farmers, ranchers and/or industrial workers are targeted". a ye...


Coca-Cola could be looking to make cannabis-infused beverages

The drinks will be expected to ease inflammation, pain and cramping. " The space is evolving quickly", Coca-Cola spokesman Kent Landers told Bloomberg New...


China will hit back at any new USA tariffs: ministry

White House spokeswoman Lindsay Walters declined comment on the timing of a possible announcement, but said: "The President has been clear that he and his admin...


Oil prices steady after pull-back, up on the week

In July, Iran's oil minister reported that Saudi Arabia had pumped 10.489 million barrels per day in June, up 459,000 from May and above its target of jus...


Legal pot points to woes at USA border

Todd Owen, who spoke to the USA website Politico , said the US does not plan to change its border policies to account for Canada's marijuana legalization , ...


Mix-messages on next round of talks on US-China trade war

President Donald Trump said last week that new tariffs on $200 billion of Chinese goods could go into effect "very soon" and warned that an even bigger ra...


U.S. capital under state of emergency, evacuation ordered

Byard, the FEMA official, said "this storm is not going to be a glancing blow". He later added: "Just had calls with South Carolina Governor Henry McMaste...


White House’s selective reading on economy

President Donald Trump said growth in USA gross domestic product was higher than the unemployment rate for the first time in over a century, though it's h...


Investors brace for US-China tariff showdown, US payrolls in focus

If eventually carried out, Trump's latest threat could result in tariffs on all Chinese goods entering the United States , an unprecedented escalation of his...


Les Moonves reportedly resigning, 12 women allege sexual misconduct

CNN also reports that Farrow told the network numerous women involved in the allegations have been frustrated with CBS' board's handling of the situation. ...


Obama unloads on Trump and politics of resentment

Former President Obama on Friday delivered a blistering criticism of the political tactics of his successor President Trump , saying he had built on the fe...


Japanese Oil Wholesalers ‘Prepare To Suspend’ Iranian Imports

EDT (1854 GMT). International Brent crude oil futures was at $77.43 per barrel, a 0.3 % drop from its last close and West Texas Intermediate crude futures a...


Petrol price to rise by 5 cents

Petrol price in Delhi rose to a record Rs 79.15 a litre, Rs 8 more than the diesel , which is also at a record high. The department said the sustained hikes ...


Trump cancels pay raise federal workers were due in January

In his letter , Trump wrote the locality increase in 2019 would average 25.70% and cost the federal government $ 25 billion . He cited the need to put the nati...


Trump Cancels Pay Raise Due to Federal Workers in January

But, in a letter to House Speaker Paul Ryan Thursday , Trump wrote "We must maintain efforts to put our Nation on a fiscally sustainable course, and Federal ag...


Trump Organization financial chief Weisselberg 'given immunity'

Manafort was convicted last week on eight of 18 criminal counts related to financial and tax fraud. Money and loyalty also drove Cohen to make guilty pleas th...


Kalashnikov, maker of AK-47 assault rifle, building an electric vehicle

Kalashnikov's press office stated that the electric cars will let them stand on a global platform-and can compete with high-ranking electric auto producers su...


US Mobile Network Limits Access to Firefighters Battling Blaze

But Bowden concluded that unless regulatory action is taken, Verizon will continue to exploit emergency situations like wildfires to impose higher costs on the ...


National Enquirer boss granted immunity in Cohen probe

In addition to being the longtime chief financial officer of the Trump Organization, Weisselberg is also one of two trustees of the trust that controls the pr...


Donald Trump - what happens next?

Defending himself in a Fox News interview , Trump sounded like a nervous hoodlum as he attacked Cohen for "flipping", that is, telling prosecutors what the...


President Trump's Personal Bookkeeper Granted Immunity in Cohen Investigation

CFO Allen Weisselberg was subpoenaed earlier this year to appear before a grand jury hearing a case presented by federal prosecutors in New York's Southern ...


Gold prices extend gains as dollar sags after Donald Trump remarks

Less than a year later, he is calling into question Powell's stewardship of the economy. Trump's comments came only four days before Federal Reserve Chair Jer...


On solar tariffs, China turns to WTO

As a result of the tariffs, competition will be "internal, like it used to be in the old days when we actually had steel, and U.S. Steel was our greatest compan...


Hedging Bets: Turkey Courts Europe Amid Row With US

Brunson, from North Carolina, is under house arrest as his trial on terrorism charges continues. The lira , which has lost some 40 percent of its value thi...


China-US to resume trade talks after tit-for-tat tariff battle

Reuters reported Thursday that representatives from the Treasury Department will meet with China's Vice Minister of Commerce Wang Shouwen and other officials i...


Turkey hikes tariffs on imports of several USA products

Tariffs on American cars were doubled to 120% while the tariff on alcoholic drinks rose to 140%. "They don't hesitate to use the economy as a weapon", the pre...


Rupee breaches 70/$ as investors turn jittery over Turkish currency turmoil

The Indian rupee on Tuesday morning fell to a record low of 70 against the U.S. dollar. "There is nothing to worry at this stage". Fears over a rise in gl...


Tesla board forms a committee to weigh Musk’s proposal of going private

Musk said in the blog post that the Saudi fund had offered to take Tesla private multiple times , beginning early past year, with the goal of diversifying ...


Possible hijacking reported at SeaTac airport in Washington state

Today, the aircraft crashed approximately 50 kilometers from the airport, near the island of Ketron, reports the Chronicle.info with reference to UNIAN. We kn...


Trump Vows To Double Metal Tariffs On Turkey

The collapsing Turkish lira, which has lost about 70% of its value Vs USD this year largely over worries about Erdogan's wider control of the economy has ma...


Telecom lifts Nasdaq, Dow and S&P close with modest losses

The latest data pointed to strength in the labour market, underscoring the health of the U.S. economy despite ongoing trade tensions. At 7:16 a.m. Sinclair ...


Monsanto Ordered to Pay $289 Million in World's First Roundup Cancer Trial

Dewayne Johnson , a 46-year-old Bay Area resident battling non-Hodgkins lymphoma, won the landmark judgement Friday (Aug. 10). What became referred to as th...


Erdogan says crash of lira 'political plot' against Turkey

The dollar got stronger, partly because the Turkish lira nosedived, and major exporters like technology, basic materials and industrial companies sank. "The d...


U.S. Sanctions Threaten India's Importation of Iranian Oil

Under the accord, Iran agreed to limit its sensitive nuclear activities and allow worldwide inspections in return for the lifting of crippling economic sanction...