Markets

Iran floats surplus oil as demand falls ahead of US Sanctions

Iran floats surplus oil as demand falls ahead of US Sanctions

In June, India , the largest buyer of Iranian oil after China , said it expects to import less oil from Iran in the coming months because it wants to protect its exposure to the United States ...

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NAFTA talks will resume Tuesday despite impasse over Chapter 19, dairy industry

NAFTA talks will resume Tuesday despite impasse over Chapter 19, dairy industry

Trade Representative's office in Washington on Wednesday. Canadian Foreign Minister Chrystia Freeland sounded sanguine on Wednesday as she emerged from negotiations with top USA trade negotiator...

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The new iPhone will get an unusual name

The new iPhone will get an unusual name

Since the Apple Watch Series 4 is expected to bring a larger display, the watch faces will also see some changes so as to make use of the extra space. The new phones featured a new gold finish, ...

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Hartal byte: Kerala has higher fuel prices than metros

Hartal byte: Kerala has higher fuel prices than metros

On March 1 this year, the state had secured a litre of petrol for Rs 54.60. "A cut in oil taxes will add to the fiscal deficit". Here is the case of petrol: from Rs 9.20 a litre it shot up to Rs 19.48...

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Obama tries to demonize Trump voters, following Hillary’s losing strategy

Obama tries to demonize Trump voters, following Hillary’s losing strategy

During his speech Friday, Obama warned that there are "dire" consequences to staying on the political sidelines, adding that "powerful and privileged" people want to "keep us angry". On his Twitter ac...

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Trump ready to set tariffs on all goods from China

Trump ready to set tariffs on all goods from China

Should the United States slap tariffs on an additional amount of Chinese goods of that scale, the total value subjected to the duties would be around that of total imports to the United States from ...

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British Airways customer data stolen

British Airways customer data stolen

BA says it is contacting affected customers , and has taken out full page ads in several newspapers to apologise for the breach. "Please accept our deepest apologies for the worry and inconvenience...

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Oil prices rise, and Barclays sharply revises its forecasts

Oil prices rise, and Barclays sharply revises its forecasts

The Organization of Petroleum Exporting Countries and its allies agreed in June to increase combined output by 1 million barrels a day to meet consumer demand and prevent a sharp rise in prices. I...

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Trump threatens to exclude Canada from new NAFTA deal

Trump threatens to exclude Canada from new NAFTA deal

But it's questionable whether Mr. Trump can unilaterally exclude Canada from a deal to replace the three-nation NAFTA agreement, without the approval of Congress. Trumka also criticized Trump over...

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China pledges another US$60bn to Africa as leaders meet in Beijing

China pledges another US$60bn to Africa as leaders meet in Beijing

President Cyril Ramaphosa used his opening address at the Forum on China-Africa Cooperation summit in Beijing on Monday to champion Africa's call for fair trade between the continent and the world's ...

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Talks with Canadian officials expected after US-Mexico deal

Talks with Canadian officials expected after US-Mexico deal

US law requires a president to formally get Congress's approval for trade negotiations. "This Friday business is just Trump bullying, which he likes to do". There's still a lot of work to do in a sh...

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Toyota to invest $500 million in Uber for driverless cars

Toyota to invest $500 million in Uber for driverless cars

The vehicles, based on Toyota's Sienna minivan, would be operated by "mutually agreed-upon third-party autonomous fleet operators". However, he added that it was possible that the more conservativ...

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Trump's NAFTA facelift would mark an ugly 'win' for America

Trump's NAFTA facelift would mark an ugly 'win' for America

The sides also agreed that 40-45 percent of cars must be made at "high wage" factories where workers receive $16 an hour in order to receive duty-free treatment, something that could deter off-shoring...

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Trade deal let's Mexico ease Trump, border uncertainties -- or does it?

Congress by Friday of President Donald Trump's intent to sign the bilateral document, but that it was open to Canada joining the pact. For one, Mexican President Enrique Peña Nieto said repeatedly...

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Trump says U.S.-Mexico trade deal could be imminent

Trump says U.S.-Mexico trade deal could be imminent

Earlier in August, Mexican Economy Minister Ildefonso Guajardo expressed doubts that talks on the trade agreement would be finished in August, as had been previously planned. Asked about Trump's...

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Stocks cheer Fed chief speech, dollar dips

Stocks cheer Fed chief speech, dollar dips

Brett Ryan at Deutsche Bank wrote Thursday before Powell's speech that, "Powell's discussion will likely focus on longer-term issues for monetary policy , much as Wednesday's FOMC minutes did". "What...

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After California firefighter throttling flap, Verizon lifts first responder speed caps

After California firefighter throttling flap, Verizon lifts first responder speed caps

After taking criticism this week for throttling a fire department's data speeds during a wildfire, Verizon announced Thursday it no longer will place restrictions on data speeds of first responders du...

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Google will reportedly replace borked Pixel 2 XL handsets

Google will reportedly replace borked Pixel 2 XL handsets

Of course, these options are only Android's default settings; the feature's functionality can be enhanced with add-ons such as Edge Sense Plus. At this rate we wouldn't be surprised to see full revi...

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Columbus Kmart set to close in November

Columbus Kmart set to close in November

The company operated 894 Sears and Kmart stores as of May 5 before the latest closure rounds were announced, according to a filing. Another 100 stores were added to the list in May. Sears is continuin...

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USA sanctions two Russian shippers for oil transfers to North Korea

USA sanctions two Russian shippers for oil transfers to North Korea

European Commission deputy chief spokesman Alexander Winterstein, asked if commission president Jean-Claude Juncker still wanted an end to "Russia-bashing" or now favoured a tougher stance outlined by...

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