Economy

Any contentious matter can be solved through discussion, says RBI Governor

So there has to be a free, fair, objective and very frank discussion between the government and the Reserve Bank of India ", Das said. Mr Das gave his be...


Apple is building a new $1 billion campus in Austin

This comes amidst tensions over proposed tariffs. Early this year, the iPhone maker said that it would invest more than $30billion in the U.S. over the next f...


Chinese importers buy USA soy cargoes - traders

China promised to purchase United States soybeans as part of the preliminary deal forged by President Donald Trump and Chinese President Xi Jinping. The compa...


Why googling `idiot` shows Donald Trump`s photo, Congresswoman asks Pichai

These include privacy, the ethics of data collection , and allegations of bias against conservative materials. The word " idiot " quickly became the most...


Tampons could unravel inside body — RECALL ALERT

This comes after some consumers have had to seek medical attention to remove tampon pieces that were left in their body. Some consumers have also reported infec...


Huawei CFO freed on $7.5 million United States dollars bail, Trump may intervene

China on Sunday summoned the United States ambassador to Beijing to lodge its "strong protests", calling the case "extremely egregious". Prime Minister Tru...


Confidence vote victory would still leave Theresa May with less authority

Prime Minister Theresa May makes a statement in Downing Street, London , confirming there will be a vote of confidence in May's leadership of the Conservati...


China slams Canada's 'inhumane' treatment of Huawei CFO

The U.S. alleges that Huawei used a Hong Kong shell company to sell equipment in Iran in violation of U.S. sanctions. "I wish to remain in Vancouver to co...


Elon Musk suggests Tesla's new chairwoman won't rein him in

As part of Tesla's separate, but additional $20 Million settlement , the company would need to appoint a new Board Chairman ( ultimately choosing Robyn Denho...


Eiffel Tower, Louvre shut down as France braces for new riots

Shouts of "Macron, resign" mingled with the tear gas near the famous Champs-Elysees avenue, the scene of the worst rioting in Paris for decades last weekend. ...


London share prices PLUMMET amid US-China trade war fears — FTSE latest

President Donald Trump at a bilateral dinner meeting with President Xi Jinping of China during the Group of 20 summit at the Hyatt Palace Hotel in Buenos ...


Huawei founder's daughter arrested for violating US sanctions on Iran

That executive was Huawei's chief financial officer and deputy chair Meng Wanzhou - who is also the daughter of the company's founder. The company said it...


China confident it can clinch USA trade pact, Trump demands 'real deal'

This fundamental misunderstanding of economics, combined with his reckless announcement of the detente that wasn't, scared investors and continues to undermin...


Trump Threatens to Kill NAFTA - Again

The leaders of Mexico, the United States and Canada sign the "new" NAFTA in Argentina. Talks for a NAFTA refresh began in 2017 under threats by Trump that he'...


Qualcomm rules out another bid for NXP

That's nice, said Qualcomm. " While we were grateful to learn of President Trump and President Xi's comments about Qualcomm's previously proposed acquisition of...


Trump tweets that China will slice tariffs on US-made cars

While a 90-day ceasefire on new tariffs to allow for trade negotiations not only takes the sting out of the strained relations between the United States and...


Oil jumps on efforts to boost prices

The global benchmark, Brent crude, steeply increased on the same day to $59.26 per barrel after closing at $58.12 last Wednesday. The Canadian production cut...


Fed officials express caution about pace of future hikes

Investors say a sustained market rally following the summit would hinge on there being substantive concessions from Trump, in particular whether Xi can persuade...


Plants Close as Economy Grows — Trump Slams GM

U.S. Senator Sherrod Brown wants Congress to move on his "American Cars, American Jobs Act" which would end tax cuts for companies that move overseas and put ...


Putin says Russian Federation 'satisfied' with oil at $60

Saudi Arabia dampened hopes of production cuts by OPEC and its allies by saying on Wednesday that it would not act alone and Nigeria stopped short of committi...