Markets

Trump calls for US$200B more tariffs on China; US futures drop

Trump calls for US$200B more tariffs on China; US futures drop Washington and Beijing appeared increasingly headed toward open trade conflict after negotiations failed to resolve USA complaints over Chinese industrial policies, their lack of market access in China and a $US375 billion United States trade deficit. [Full Article...]

Amazon Prime has finally arrived in Australia - with some caveats

Maisel and The Grand Tour with former Top Gear stars Jeremy Clarkson, Richard Hammond, and James May. And in response, Amazon has chosen to restrict Australian residents to its Australian website starting July 1st. Citi retail analyst Bryan Raymond said Amazon Australia still offered only a "patchy" range of well-known brands being sold directly by Amazon, and that increasing that would be key... [Full Article...]

White House to Nominate Kathy Kraninger to Head CFPB

White House to Nominate Kathy Kraninger to Head CFPB Allied Progress, a left-leaning consumer group, said Kraninger's nomination was an attempt by Mulvaney to keep a grip on the agency, adding that she had "no relevant experience". Under his leadership, the CFPB delayed a new payday lending regulation from going into effect and dropped an investigation into one payday lender that contributed to Mulvaney's campaign. [Full Article...]

Asian stocks extend slide, yen up as Sino-US trade dispute escalates

It said, "If the US side becomes irrational and issues the list, China must adopt comprehensive measures of the same quantity and quality in order to take strong countermeasures". "However, confronted by such short-sighted act that hurts both USA itself and others, China has no choice but to fight back forcefully". "China's threat "clearly indicates its determination to keep the United States at... [Full Article...]

…ICICI board asks Kochhar to remain on leave

…ICICI board asks Kochhar to remain on leave It isn't clear when Justice Srikrishna will submit his report. And during the period, the newly-appointed COO will report to the board. The ET report said the bank has informed the Insurance Regulatory and Development Authority (IRDA) that Bakhshi may be moved to a different role at India's largest private bank by assets. [Full Article...]

Angela Merkel May Not Be Chancellor of Germany Much Longer

Angela Merkel May Not Be Chancellor of Germany Much Longer German Chancellor Angela Merkel on Tuesday hosts French President Emmanuel Macron for joint cabinet talks on European Union reform, especially the flashpoint issue of immigration that divides the bloc and heaps domestic pressure on Merkel. [Full Article...]

Trump threatens additional $200bn in tariffs on China

Trump threatens additional $200bn in tariffs on China Beijing responded by saying it would hit 659 U.S. goods worth $50bn with a similar tax. China will take "qualitative" and "quantitative" measures if the United States government publishes an additional list of tariffs on Chinese goods, the commerce ministry said on Tuesday (Jun 19). [Full Article...]

Elon Musk Calls for 'Radical Improvements' at Tesla to Hit Quarterly Targets

Elon Musk Calls for 'Radical Improvements' at Tesla to Hit Quarterly Targets According to Musk's email, the unnamed employee claimed he had become disgruntled after failing to receive a promotion. In the memo, Musk offered no evidence nor implied such about outside involvement, but did note, "We need to figure out if he was acting alone or with others at Tesla and if he was working with any outside organizations". [Full Article...]

Virgin Money bought by CYBG for £1.7bn

The deal adds to a number of transactions among a handful of smaller banks in the United Kingdom as they seek to raise funds and steal business from the nation's top lenders. Nimbleness and the ability to attract customers through new technology have been seen as challenger banks' main attributes. But the TSB fiasco may well have damaged consumer confidence in these companies being able to provi... [Full Article...]

Google to invest $550-million in Chinese e-commerce giant JD.com

Google to invest $550-million in Chinese e-commerce giant JD.com Google's search engine has been blocked in China since 2010 over its refusal to censor search results to comply with local laws. JD.com is China's second-largest e-commerce company after Alibaba . "The announcement isn't focused on China", JD.com spokesman Josh Gartner confirmed to AFP. By applying JD.com's supply chain and logistics expertise and our technology strengths, we're going to expl... [Full Article...]

Audi CEO Rupert Stadler arrested in diesel emission case

Audi CEO Rupert Stadler arrested in diesel emission case Stadler is the most senior executive yet to be detained in the dieselgate crisis, which started when the Volkswagen group admitted in 2015 to installing so-called "defeat devices" in some 11 million diesels worldwide that made them seem less polluting in lab tests than they actually were on the road. [Full Article...]

Audi CEO Rupert Stadler arrested over emissions scandal

Audi CEO Rupert Stadler arrested over emissions scandal Stadler was arrested this morning". As part of the investigation, Stadler's home has been raided, while authorities are now investigating 19 other suspects, the identities of whom have not been disclosed. The Audi probe: Audi has been accused of having sold at least 210,000 diesel-engine cars fitted with cheat software in the U.S. and Europe, starting in 2009. [Full Article...]

Tesco's UK sales growth slows slightly

Tesco's UK sales growth slows slightly The UK supermarket sector has been upended in recent years by the rapid growth of discount groups Aldi and Lidl and the growing popularity of online sales, forcing traditional groups Tesco, Sainsbury's, Walmart's Asda and Morrisons to work harder. [Full Article...]

McDonald's to switch to paper straws in UK, Ireland

McDonald's to switch to paper straws in UK, Ireland The restaurant chain uses about 1.8 million plastic straws every day in the United Kingdom - each single-use plastic straw can take up to hundreds of years to decompose if they aren't sent to be recycled. A statement said: "Reflecting the broader public debate, our customers told us they wanted to see a move on straws". In Malaysia, it will offer straws only on request. [Full Article...]

Elon Musk to build Chicago O'Hare high-speed rail link

Elon Musk to build Chicago O'Hare high-speed rail link The Boring Company released a video rendering of that concept. "He's proven something", Chicago Mayor Rahm Emanuel said of Musk, according to the Chicago Tribune. "We have a tremendous opportunity", Emanuel said. A final go-ahead requires approval from the city council. As for how much it would cost Chicago travelers to ride on the system, the Boring Company says that while it's not ... [Full Article...]

Canada Goose posts surprise profit, announces expansion

Canada Goose posts surprise profit, announces expansion The new locations will reflect the local aesthetics of each city, while featuring familiar Canada Goose touches such as marble polar bear sculptures from Canadian Indigenous artist, Jason Carter, as a nod to the company's 10-year relationship with Polar Bears International. [Full Article...]

Rolls-Royce Retrenches 4,600 staff

Rolls-Royce Retrenches 4,600 staff Meanwhile, an extra 2000 units by 2022 means more flying hours - which is when Rolls-Royce claws back the initial loss on the engine sale. "We will be significantly reducing the size of our corporate centre to remove the complexity and duplication". [Full Article...]

IMF Warns US of 'Macroeconomic Impact' of Trade Policy Changes

IMF Warns US of 'Macroeconomic Impact' of Trade Policy Changes The U.S. economy is being juiced by the administration's $1.5 trillion package of corporate and income tax cuts as well as higher government spending. A stronger dollar makes imports cheaper for USA consumers while making US exports more expensive on overseas markets. However, the organisation expects growth to slow to 2.7% in 2019 and 1.9% in 2020. [Full Article...]

Deliveroo union given day in court over employment rights

Deliveroo union given day in court over employment rights Mrs Justice Simler said it was "arguable" the CAC should have taken into account the right of Deliveroo riders to bargain as a collective, as enshrined in Article 11 of the European Convention on Human Rights. Deliveroo has long argued that the self-employed should have access to greater protections, and we welcome any debate on how that can best be achieved". [Full Article...]

Study attributes bitcoin price surge to Tether

Study attributes bitcoin price surge to Tether A paper published by University of Texas professor John Griffin and graduate student Amin Shams explains how the digital currency Tether may have been used to inflate the prices. He and Shams followed that pattern and found periods of suspicious bitcoin price movement tied to the issuance of tether. "Finally, if cryptocurrency prices crash, tether creators essentially have a put option to de... [Full Article...]


« Previous 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154 155 156 157 158 159 160 161 162 163 164 165 166 167 168 169 170 171 172 173 174 175 176 177 178 179 180 181 182 183 184 185 186 187 188 189 190 191 192 193 194 195 196 197 198 199 200 201 202 203 204 205 206 207 208 209 210 211 212 213 214 215 216 217 218 219 220 221 222 223 224 225 226 227 228 229 230 231 232 233 234 235 236 237 238 239 240 241 242 243 244 245 246 247 248 249 250 251 252 253 254 255 256 257 258 259 260 261 262 263 264 265 266 267 268 269 270 271 272 273 274 275 276 277 278 279 280 281 282 283 284 285 286 287 288 289 290 291 292 293 294 295 296 297 298 299 300 301 302 303 304 305 306 307 308 309 310 311 312 313 314 315 316 317 318 319 320 321 322 323 324 325 326 327 328 329 330 331 332 333 334 335 336 337 338 339 340 341 342 343 344 345 346 347 348 349 350 351 352 353 354 355 356 357 358 359 360 361 362 363 364 365 366 367 368 369 370 371 372 373 374 375 376 377 378 379 380 381 382 383 384 385 386 387 388 389 390 391 392 393 394 395 396 397 398 399 400 401 402 403 404 405 406 407 408 409 410 411 412 413 414 415 416 417 418 419 420 421 422 423 424 425 426 427 428 429 430 431 432 433 434 435 436 437 438 439 440 441 442 443 444 445 446 447 448 449 450 451 452 453 454 455 456 457 458 459 460 461 462 463 464 465 466 467 468 469 470 471 472 473 474 475 476 477 478 479 480 481 482 483 484 485 486 487 488 489 490 491 492 493 494 495 496 497 498 499 500 501 502 503 504 505 506 507 508 509 510 511 512 513 514 515 516 517 518 519 520 521 522 523 524 525 526 527 528 529 530 531 532 533 534 535 536 537 538 539 540 541 542 543 544 545 546 547 548 549 550 551 552 553 554 555 556 557 558 559 560 561 562 563 564 565 566 567 568 569 570 571 572 573 574 575 576 577 578 579 580 581 582 583 584 585 586 587 588 589 590 591 592 593 594 595 596 597 598 599 600 601 602 603 604 605 606 607 608 609 610 611 612 613 614 615 616 617 618 619 620 621 622 623 624 625 626 627 628 629 630 631 632 633 634 635 636 637 638 639 640 641 642 643 644 645 646 647 648 649 650 651 652 653 654 655 656 657 658 659 660 661 662 663 664 665 666 667 668 669 670 671 672 673 674 675 676 677 678 679 680 681 682 683 684 685 686 687 688 689 690 691 692 693 694 695 696 697 698 699 700 701 702 703 704 705 706 707 708 709 710 711 712 713 714 715 716 717 718 719 720 721 722 723 724 725 726 727 728 729 730 731 732 733 734 735 736 737 738 739 740 741 742 743 744 745 746 747 748 749 750 751 752 753 754 755 756 757 758 759 760 761 762 763 764 765 766 767 768 769 770 771 772 773 774 775 776 777 778 779 780 781 782 783 784 785 786 787 788 789 790 791 792 793 794 795 796 797 798 799 800 801 802 803 804 805 806 807 808 809 810 811 812 813 814 815 816  Next »