Markets

U.S., China hike tariffs as trade war intensifies

U.S., China hike tariffs as trade war intensifies

Trump has threatened another round of tariffs, effectively covering every product the United States imports from China , if Beijing retaliates against Monday's tariffs. Officials in Beijing said ...

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Shocking! Jet Airways passengers suffer ear and nose bleeding mid-air

Shocking! Jet Airways passengers suffer ear and nose bleeding mid-air

One of the 2 pilots of flight 9W 697, which returned to Mumbai after being airborne for around 23 minutes, is a captain with more than five years experience. On Thursday, the 166 passengers on board...

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Oil Prices Rise Despite US Efforts to Increase Oil OutputNaija247news

Oil Prices Rise Despite US Efforts to Increase Oil OutputNaija247news

Oil traded below $70 a barrel as investors assessed whether other Organization of the Petroleum Exporting Countries ( Opec ) members can fill the supply gap created by U.S. "But we are clear that ...

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India to merge three state-owned banks

India to merge three state-owned banks

He justified the action, stating that the government and the Reserve Bank of India (RBI) were forced to take "concrete steps" once the asset quality review of banks revealed the bad debt rot in Indian...

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Coca-Cola 'in talks' to create cannabis-infused health drink

Coca-Cola 'in talks' to create cannabis-infused health drink

Regardless, if Coca-Cola decides to make a CBD-infused beverage, it could become hugely profitable at a time when Americans are trying to cut back on sugar and embrace "natural" cures. Lagunitas, a ...

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Trump Slaps New Tariffs on Chinese Products

Trump Slaps New Tariffs on Chinese Products

The trade tiff has yet to be felt in US markets as the tariffs, which now are set at 3.8 percent, may rise to just 10 percent, which most companies can handle in a growing economy, said Brian Nick, ch...

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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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