Markets

Australia PM Malcolm Turnbull clinging on amid fresh leadership challenge threat

Dutton needs to prove he has majority backing, or 43 signatures from within the party's parliamentary group - a requirement for him to force a second crack at t...


Donald Trump attacks former personal lawyer Michael Cohen

Cohen's lawyer, Lanny Davis , told NPR's Rachel Martin that his client believes Trump is "both corrupt and a risky person in the Oval Office" and that Cohen ...


Lira takes another hit as USA pastor loses appeal

Earlier on Wednesday, White House spokesperson Sarah Sanders said the USA side would consider lifting sanctions that have been placed on Turkey if Ankara rele...


It will be tough for Trump's SEC to overhaul reporting rules

The SEC has been reluctant to make changes in quarterly reporting, which has always been a cornerstone of U.S. capital markets. Abolishing the rule would ...


Nigeria’s inflation dips to 11.14% in July - NBS

This slowdown in United Kingdom house price growth over the past two years is driven mainly by a slowdown in the south and east of England, the ONS said. As for...


More US sanctions for Turkey if they don't obey

The lira has lost almost 40 percent of its value against the dollar this year, driven by worries over Erdogan's growing influence on the economy and his refusal...


Turkey will emerge stronger from lira crisis despite row with USA: minister

The Trump administration has made Brunson's release a priority, accusing Turkey of fabricating charges against him and holding him as a political prisoner. "T...


Turkey slaps retaliatory tariff hikes on key USA products

This comes after defense attorneys for pastor Andrew Brunson renewed an appeal on Tuesday, ordering the Turkish government to release their client from house ar...


The Autocratic Origins of Turkey's Economic Crisis

He specifically highlighted Apple, the Associated Press reports , saying Turkey would stop bringing in iPhones in favor of devices from South Korea's Samsung ...


Rupee fall continues, hits record low of 70 against USA dollar

This is the steepest fall for the Indian rupee since September 2013. The rupee has been suffering due to turmoil in the Turkey currency market raising concern...


United States seeks to stab Turkey in the back: Turkey's president - USA

The lira has been pummelled this year by worries over Erdogan's influence over the economy and worsening relations with the US. The lira rallied slightly o...


Saudi Arabia fund in talks to invest in Tesla buyout deal

The two lawsuits filed by Isaacs and William Chamberlain on Friday alleged that Musk and Tesla's behaviour following the tweets violated United States securit...


Elon Musk says Saudis back Tesla buyout

Former SEC attorney Teresa Goody and The Wall Street Journal tech and autos reporter Tim Higgins on the fallout from Tesla CEO Elon Musk's tweet about pot...


Trump announces 'doubling' of tariffs on steel, aluminum on Turkey

The lira , which had already lost one-third of its value this year largely over worries about Erdoğan's wider control of the economy, is at a fresh record low,...


Oil prices extend gains after United States sanctions against Iran

EDT (1633 GMT). "The re-imposition of US sanctions on Iran remains the key (price) driver in the near-term". Watch oil trade in real time here . Iran's ...


Tesla take-private skepticism grows after Elon Musk's funding claim

The report came the day after Musk said he was considering taking Tesla private and that funding had been secured, but did not offer any specifics about the...


China lashes out at Trump’s trade policy

The Trump administration slapped duties on $34 billion of Chinese goods last month, a move that also prompted immediate retaliation from China. "I noticed today...


Trump's China Trade War Just Escalated by $16 Billion

The Chinese government responded and said Beijing will also slap additional import tariffs of 25% on $16 billion worth of United States goods ranging from o...


American Airlines finds apparent fetus in plane bathroom

Fetus was thought to be 5 months along . The fetus was found inside the plane's lavatory early Tuesday morning and authorities were called around 6 a.m., acc...


Oil supported as new hedges placed, but rising global…

Brent crude futures LCOc1 were up 16 cents, or 0.2 percent, at $72.55 a barrel by 0503 GMT, after dropping 2.5 percent on Wednesday. The West Texas Intermedi...


USA to apply more pressure on China with new tariff hike

One person familiar with the internal deliberations said the U.S.is trying to secure certain concessions and if China agrees, it is possible the US would back o...


Sales tax on school, emergency supplies to take holiday August 3-5

Exempted items during tax-free weekend include shoes and clothing under $100 per item, computers under $1,000, computer hardware under $500 and school suppli...


Chipotle slumps 9 pct after Ohio outlet linked to food poisoning complaints

The local health officials said it received illness reports from seven customers on July 29 and July 30. Reports of illness first surfaced Sunday on the w...


Apple makes history with $1 trillion market valuation

In 2007, Chinese government-controlled PetroChina briefly reached a stock market value of about US$1.1 trillion following its public listing in Shanghai. Appl...


FACEBOOK FAIL: Zuckerberg Loses $16 BILLION in FIVE MINUTES as Shares PLUNGE

Combine this pessimistic outlook with 1.54% user growth and 1.44% daily active users which are half of last quarter's growth percentage and we're looking at a c...


White House to showcase USA products as trade battles loom

The Trump administration has threatened new tariffs, and the president is reportedly considering up to a 25 percent tariff on automobile imports - one that coul...


Trump and top European leader agree to work toward zero tariffs

The leaders agreed to "launch a new phase" in the relationship and "to work together towards zero tariffs, zero non-tariff barriers, and zero subsidies on non-a...


President Trump on EU Trade Negotiations: Better Late Than Never

President Donald Trump's trade policies, and the majority of voters in those states backed him in the 2016 election. In Kansas City, meanwhile, Trump told...


No Mega Millions victor Friday; jackpot climbs to $493 million

The jackpot has now rolled over 22 times since the last Mega Millions victor on May 4. The Mega Millions jackpot continues to climb after no big winners came ...


WTO's credibility, survival at risk as trade war looms

The trade war effectively started earlier this month , when the United States imposed the first round of tariffs and China responded in kind. For Zhenjiang...


U.S. crude strengthens as dollar slips to four-day low

Both Brent crude and U.S. benchmark West Texas Intermediate fell more than four per cent Monday, with the former hitting three-month lows of below $72 a b...


The Justice Department is going to appeal the AT&T-Time Warner merger

AT&T's $85 billion purchase of Time Warner is once again facing a regulatory battle with the US Department of Justice. Federal lawyers contended that the comb...


Breaking UK finally clears Rupert Murdoch's Fox to bid for Sky

United States media giant Comcast threw its hat into the ring in February with a £22bn offer for Sky, trumping an offer from Fox , and starting a bidding war ...


Conservative party vice-chairs Bradley and Caulfield quit over Brexit

Mr Paterson is considered influential, as a former minister who wants a hard Brexit . " Boris Johnson has been a friend of the president, was a friend during ...


Trump to OPEC: 'Reduce pricing now!'

LONDON, July 5 ( Reuters ) - Oil fell on Thursday after U.S. President Donald Trump demanded OPEC cut crude prices , but the market found some support fr...


Iran announces plan to circumvent USA oil sanctions

REUTERS/Jonathan ErnstSaudi Arabia's King Salman bin Abdulaziz Al Saud (L) receives US President Donald Trump for the Arab Islamic American Summit in Riyadh, ...


European Union warns Donald Trump he risks $294bn trade tariff reprisals

The EU warned in a 10-page submission to the US Commerce Department that imposing import tariffs on cars and vehicle parts would harm the US automotive industry...


Amazon Prime Day Starts July 16th at 12PM PT / 3PM ET

Here are all the details! Amazon India is said to have sold over a million products during last year's Prime Day sale , which was its first in India after l...


These 3 NBA Stars Will All Be Lakers Targets In 2019

He spent four seasons with the Miami Heat before returning to the Cleveland Cavaliers in 2014. Which means they now have five players from last year's NBA A...


Opec resistance to Saudi supply plan grows as Iraq objects

In April, Trump also blasted OPEC on Twitter, accusing the group of "artificially" raising oil prices . "We have looked at a scenario, not a forecast, sh...