Markets

Trump targets India and Turkey in trade crackdown

Trump targets India and Turkey in trade crackdown

The US will also end Turkey's preferential trade status, saying it no longer qualifies. The US goods and services trade deficit with India was $27.3bn in 2017, the US Trade Representative's Office...

by · Markets
Amazon friction rises in Virginia as Cuomo woos Bezos to return

Amazon friction rises in Virginia as Cuomo woos Bezos to return

Mr. Cuomo said Thursday: 'I've had many conversations with Amazon. The report about Cuomo's last-ditch phone calls to Bezos - as well as the open letter signed by elected officials, union bosses...

by · Markets
Trump To Delay March 1 China Tariffs Amid Trade Talks

Trump To Delay March 1 China Tariffs Amid Trade Talks

Negotiators of the two sides have achieved substantial progress on specific issues in the Feb. 21-24 talks in Washington , the seventh round since February previous year, covering technology transfer...

by · Markets
Tesla unveils $35,000 standard Model 3, shifts worldwide sales to online-only

Tesla unveils $35,000 standard Model 3, shifts worldwide sales to online-only

Tesla has been gradually releasing cheaper versions of the Model 3 over the previous year, but it has never been able to bring the price down to $35,000 - the mass market price that they have been ...

by · Markets
Victoria's Secret owner plans store closures in U.S., Canada

Victoria's Secret owner plans store closures in U.S., Canada

A spokesperson for the US -based lingerie brand's parent company declined to tell The Canadian Press which locations will be shuttered in Canada, but says they are part of a plan to slash 53 stores wo...

by · Markets
'Extremely dangerous': Pakistan claims it shot down 2 Indian planes, captured pilot

'Extremely dangerous': Pakistan claims it shot down 2 Indian planes, captured pilot

India launched an air strike on what it said was a militant training base on Tuesday, its first inside Pakistan since a 1971 war, after at least 40 Indian paramilitary police died in a February ...

by · Markets
US businesses in China see gloomy year ahead

US businesses in China see gloomy year ahead

Trump tweeted on Sunday that he would be delaying an increase in tariffs on Chinese goods, promising a Mar-a-Lago summit with China's President Xi Jinping . "Our members are hopeful that the uncert...

by · Markets
Man Bought $540 in Girl Scout Cookies so Girls Could Escape Cold

Man Bought $540 in Girl Scout Cookies so Girls Could Escape Cold

He spent $540 on cookies, she said. In total, the man spent $540 on Girl Scout cookies. Dillard said she does not know the good Samaritan. A day after a man went viral on social media for his ...

by · Markets
183 passengers stuck on OR train for 36 hours

183 passengers stuck on OR train for 36 hours

Authorities are racing the clock to free almost 200 passengers who have been stuck on an Amtrak train in OR for two days. A train heading from Seattle, Washington to Los Angeles, California has been...

by · Markets
YouTube pulls advertising from anti-vaxxer videos

YouTube pulls advertising from anti-vaxxer videos

Brands that say they're cutting YouTube ads often find work-arounds to stay on the platform, such as striking deals directly with influential YouTube creators to include endorsements inside vi...

by · Markets
China ban sparks Oz coal sell-off

China ban sparks Oz coal sell-off

Shares in Australian coal miners fell on Friday amid broad weakness in the resources sector, but losses eased in afternoon trade. One market observer told Stockhead that Aussie coal is already bei...

by · Markets
Oil prices firm on trade hopes, but record United States output drags

Oil prices firm on trade hopes, but record United States output drags

Contributing to the cautious optimism on Thursday was Nancy Tengler , chief investment strategist at Tengler Wealth Management , told CNBC television that while she anticipates a crude market slow...

by · Markets
Troops fire tear gas at residents on Venezuela border

Troops fire tear gas at residents on Venezuela border

A truck loaded with humanitarian aid was set ablaze on Saturday on the Colombia-Venezuela border, an opposition deputy told reporters amid rioting on the Santander bridge crossing. Maduro blames the...

by · Markets
Honda confirms plans to close Swindon factory in 2021

Honda confirms plans to close Swindon factory in 2021

Honda said its chief executive Takahiro Hachigo will attend the news conference today. "We've always seen Brexit as something we'll get through, but these changes globally are something we will h...

by · Markets
India Becomes Biggest Buyer of Venezuelan Oil After US Sanctions

India Becomes Biggest Buyer of Venezuelan Oil After US Sanctions

Oil prices on Monday hit their highest levels since November a year ago, lifted by OPEC-led supply cuts, U.S. sanctions on Iran and Venezuela, and hopes that the Sino-U.S. India has been importing 62...

by · Markets
US, China seek deal to prevent trade war escalation

US, China seek deal to prevent trade war escalation

They believe China's goal is to make enough progress to persuade Trump to extend his deadline. Trump's economic advisor Larry Kudlow had earlier said Xi's willingness to meet was a "very good sign...

by · Markets
Nigeria’s daily oil production falls to 1.99 million barrels

Nigeria’s daily oil production falls to 1.99 million barrels

OPEC says its members reduced production by about 0.8 mb/d to 32.806 mb/d: "Demand for OPEC crude in 2018 stood at 31.6 mb/d, 1.3 mb/d lower than the 2017 level and in 2019 the demand would decreas...

by · Markets
US President Donald Trump says could extend China trade talks deadline

US President Donald Trump says could extend China trade talks deadline

U.S. President Donald Trump said on Tuesday that he could see letting the March 1 deadline for reaching a trade agreement with China slide a little, but that he would prefer not to and expects to meet...

by · Markets
McConnell takes aim at Ocasio-Cortez with Green New Deal vote

McConnell takes aim at Ocasio-Cortez with Green New Deal vote

With its mission of shifting the United States towards clean and renewable energy, the resolution rests its climate- change solutions on its timeline to get rid of fossil fuels and nuclear energ...

by · Markets
Trump Tipped To Ban Chinese Equipment From US Mobile Networks

Trump Tipped To Ban Chinese Equipment From US Mobile Networks

In the letter , Ryan Ding, president of Huawei's carrier business group, stated that the company "has never and will never" use its equipment to assist espionage activities for the Chinese government...

by · Markets