Finance

SEC sends subpoena to Tesla over Musk’s take-private tweet

The tweet sent the shares 10 per cent higher before they were temporarily suspended. Tesla's share price tumbled 3.3 percent to $336.40 following reports th...


Trump asks SEC to study six-month reporting system for public firms

Trump said he had consulted "some of the world's top business leaders" on steps to create jobs and make business "even better". "We are looking at that very, ...


Jobless rate falls to lowest in nearly six years

Trend employment increased by around 27,000 persons in July 2018 with full-time employment increasing by over 18,000 persons. The seasonally adjusted unemployme...


Newshour, New Zealand restricts house sales to foreigners

New Zealand's parliament has banned many foreigners from buying existing homes in the country - a move aimed at making properties more affordable. He said it...


Turkey reiterates refusal to release detained U.S. pastor

USA stocks extended gains on Friday and risk sentiment improved following a Wall Street Journal report on potential progress in easing trade tensions between th...


Italian bridge company under fire as rescuers toil for third day

The chance of finding survivors at this stage was slim and the unstable mountains of debris made the search operation unsafe, but rescue workers said they had n...


Turkey's lira is rallying after a $15 billion loan from Qatar

The pastor's appeal had been rejected by a lower court and was sent to the higher court, Brunson's lawyer Ismail Cem Halavurt said, according to Anadolou. T...


Google employees speak up against 'censored search engine for China'

Web users in China can't access Google's service because the government there blocks it as part of its sweeping censorship infrastructure, known as the "Great F...


Rail fares to rise 3.2% from January 2019

The confirmation of a 3.2% price increase comes just hours after the transport secretary Chris Grayling said the rail industry should change how it calculates f...


Qatar Rescues Turkey With $15 Billion

Turkey's lira fell once again after the trade minister, Ruhsar Pekcan, said Friday that her government would respond to any new trade duties, which U.S. Tur...


United States threatens more sanctions on Turkey over detained pastor

The investment package was announced after Qatar's Emir Tamim bin Hamad Al-Thani met President Tayyip Erdogan in the capital, as Turkey grapples with a coll...


China sending trade envoy to Washington for talks

The US introduced its safeguard tariffs in January this year. The widely criticized move escalated tensions between the USA and longstanding trade allies, inclu...


Italy lowers confirmed death toll to 38 in Genoa bridge collapse

Working with heavy equipment, rescuers climbed over concrete slabs with sniffer dogs all through the night and into the day, searching for survivors or bodies. ...


Retail Sales Of Marijuana In Ontario Delayed Until April 2019

The previous Liberal government had planned to sell legal marijuana both online and in government-run brick-and-mortar establishments but those plans have now b...


China's Tesla-killer ready to go public in New York

The company is initially targeting China's premium battery-electric SUV market. The IPO could be worth about $1.8 billion, which the company says it will ...


Turks film themselves smashing iPhones amid US-Turkey trade war

He said many world states are now dealing with the issue of U.S. sanctions, calling for a concerted global reaction to Washington's economic pressure tools. "...


Turkish lira, equities enjoy bounce in Asia

Tariffs on American cars were doubled to 120%, while tariffs on alcoholic drinks soared to 140%. Trump's national security advisor John Bolton met with Amb...


Qatar promises $15 billion investment in Turkey

A banking watchdog's step to limit foreign exchange swap transactions also helped the currency. The lira went into a tailspin after a diplomatic spat with the...


CHINA More and more countries are having their banknotes printed in China

The Ministry of Finance , in a statement, said , " Reports about any Chinese currency printing corporation getting any orders for printing Indian currency no...


Jobless number hits record low but wage growth disappoints

Pay rises (excluding bonuses) averaged 2.7% in the year to the end of June - higher than the official inflation number of 2.4% (but lower than the 3.4% rise in ...