Markets

Trump threatens Iran 'with official end'

Trump threatens Iran 'with official end'

Russian Federation and other non-member producers have been withholding production since the start of the year to prop up the market . He said nobody knew what Iran was producing or exporting, ad...

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Google, Qualcomm, Intel, and Broadcom all cut ties with Huawei

Google, Qualcomm, Intel, and Broadcom all cut ties with Huawei

Further examination of this response implies that major Android updates that are regulated and examined by Google before deployment will not be sent to Huawei phones . The last Huawei phone to of...

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Oil Prices Rise After Drone Attack Of Pumping Station In Saudi Arabia

Oil Prices Rise After Drone Attack Of Pumping Station In Saudi Arabia

The Muslim World League and the Council of Arab Ministers of Interior were among the first to slam the acts of sabotage which they described as not only a threat to Middle East and world security but ...

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China tariffs: Trump targets $300 billion of Chinese goods for new tariffs

China tariffs: Trump targets $300 billion of Chinese goods for new tariffs

A tariff is defined as a tax on imports from other countries. The figure will be 2,294 US dollars if the same-level tariff is imposed on the remaining imports from China , killing 2.1 million jobs in...

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United States court allows consumer lawsuit on Apple marketplace monopoly

United States court allows consumer lawsuit on Apple marketplace monopoly

The ruling threatens to throw another monkey wrench in Apple's efforts to increase the revenue generated from its app store at a time that its iPhone sales have plunged into their deepest slump si...

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Crypto Exchange Binance Says It's Revamping Security in Post-Hack Update

Crypto Exchange Binance Says It's Revamping Security in Post-Hack Update

Binance added that the hackers "had the patience to wait, and execute well-orchestrated actions through multiple seemingly independent accounts at the most opportune time". "In reality, however, vir...

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Uber IPO Sputters, Stock Already Trading Below Initial Price

Uber IPO Sputters, Stock Already Trading Below Initial Price

Even Lyft had a bit of a first-day bounce on its IPO day! Shares ended the trading day at $41.57 while its Bay Area rival Lyft saw its shares tumble to $51.09 a share. Kalanick remains on Uber's ...

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Trump says he knows why China U-turned on United States trade deal

Trump says he knows why China U-turned on United States trade deal

Reuters , citing US government and private-sector sources, reported on Wednesday that China had backtracked on nearly all aspects of a draft trade agreement, threatening to blow up the negotiations ...

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China threatens to hit back as USA imposes sweeping tariffs

China threatens to hit back as USA imposes sweeping tariffs

Liu said on his arrival in Washington that the prospects for the talks were "promising", but warned that raising tariffs would be "harmful to both sides", and called instead for cooperation. Since J...

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China may abort trade talk after Trump sprouts new tariff hikes

China may abort trade talk after Trump sprouts new tariff hikes

However, the Times presents no reason to believe that, at root, Trump's decision is other than what his advisers say it is - a response to bad faith negotiating by China. He said China had retreated f...

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Uber drivers plan strike ahead of IPO

Uber drivers plan strike ahead of IPO

Both companies recently slashed the per-mile rate drivers earn in Los Angeles and San Francisco, and some drivers estimated a loss of 10 per cent to 20 per cent in earnings. The drivers association an...

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Saudis willing to meet all orders from ex-Iran oil buyers

Saudis willing to meet all orders from ex-Iran oil buyers

Brent oil dropped below $70 a barrel on Wednesday, hurt by concerns about a deepening U.S. Prices have gained about 30 percent so far this year as the global supply outlook has tightened due to US...

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China considers cancelling trade talks with US

China considers cancelling trade talks with US

Trump's acting chief of staff Mick Mulvaney and Treasury Secretary Steven Mnuchin last week began publicly ramping up pressure on China to reach a deal, warning it could still walk away from the mon...

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Feds offer new rebates to get you into an electric auto

Feds offer new rebates to get you into an electric auto

The negative cash flow is the greatest loss Tesla has ever posted over one-quarter. First deliveries for United Kingdom reservation holders will begin in June, and will be on prioritised based on "r...

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Amazon.com shares boosted by Warren Buffett's comments

Amazon.com shares boosted by Warren Buffett's comments

Combs and Weschler have gained influence at Berkshire in recent years. Without answering directly, Buffett said Gregory Able, 57, and Ajit Jain , 67 - both promoted a year ago to the board of direc...

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Growth potential in India is phenomenal: Apple CEO Tim Cook

Growth potential in India is phenomenal: Apple CEO Tim Cook

Revenues fell 5 percent to Dollars 58 billion in its fiscal second quarter to March, in line with the company's outlook, and earnings were down 10 percent to USD 2.46 per share. Cook said the company...

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Oil falls after Trump pressures OPEC to raise output

Oil falls after Trump pressures OPEC to raise output

OPEC and other allies led by Russian Federation have agreed to cut output by around 1.2 million bpd for six months until the end of June. Proceeds from the sale of hydrocarbons is the biggest revenu...

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Google owner Alphabet misses sales forecasts

Google owner Alphabet misses sales forecasts

Alphabet shares fell by as much as 8.6 percent on Tuesday after reporting quarterly results and were down about 8 percent as of 3 p.m. ET. Alphabet's expenses included a $1.7 billion fine from th...

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Microsoft hits $1 trillion in market cap after strong earnings

Microsoft hits $1 trillion in market cap after strong earnings

In the final minutes of trading on Wednesday, Microsoft shares hit $125.07, an increase of 34% in the last 12 months. "Leading organizations of every size in every industry trust the Microsoft ...

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Elon Musk and SEC settle dispute over Telsa boss´s tweets

Elon Musk and SEC settle dispute over Telsa boss´s tweets

The SEC asked U.S. District Judge Alison Nathan to hold Musk in contempt, alleging a February 19 tweet from Musk - which claimed Tesla would deliver half a million vehicles this year - violated the ...

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