Finance

Supreme Court Overturns Ban on Online Sales Tax

Eric Holcomb and the Indiana Chamber of Commerce voicing their approval. "We're taking a careful look at the ruling to better understand its implications for IN...


OPEC reaches deal to raise oil output from July

As for oil prices , the 1 million bpd agreement can be said as the "expected" outcome despite the estimates ranging from 300k to 1.5 million bpd coming into th...


Airbus threatens to pull out of United Kingdom if no Brexit deal reached

Aerospace firm Airbus has warned it could pull out of the United Kingdom with the loss of thousands of jobs at 25 sites across the country in the event of a "...


India hikes import duty on USA goods

Flat-rolled products of stainless steel, of a width of 600 mm or more and of a thickness from 3 mm to 10 mm, has also been increased from 15 per cent to 22.5 pe...


European Union retaliates against Trump’s metal tariffs

The imposition of tariffs has raised the specter of a full-blown trade war, which could be costly to consumers, jobs and the global economy. A drop in Japan's...


European Union slaps retaliatory tariffs on U.S. goods

Mexico put tariffs on American products ranging from steel to pork and bourbon two weeks ago. Reuters reported that Gao Feng, a spokesman for the Chinese C...


OPEC+ eyes boosting crude output by 1mn barrels

Observers say the participating countries could simply agree to stop exceeding their quotas for cutbacks, and stick to the agreed target of trimming production ...


Bank of England votes 6-3 to hold interest rates at 0.5%

BOE clears path for an August rate hike, chances up to 68% after Haldane mounts the hike train. Mr Haldane is seen as an influential member of the Monetary...


Intel boss Brian Krzanich ousted for violating 'fraternisation policy'

The Intel board said it accepted Krzanich's resignation, noting all employees are expected to respect Intel's values and code of conduct. Krzanich start...


The 2019 Volvo S60 Sedan

Some of the US -built cars will be exported to markets outside the United States, Volvo executives said. In a move away from other saloons on the market, Volvo ...


Germany tells Trump to stop lying about their crime rate

So Seehofer "graciously" gave her two more weeks, upon which Merkel stated that if her minister acted unilaterally, she would tell him where to get off. "It i...


China hits back at Pompeo; accuses United States of blackmail tactics

In an editorial, the English language China Daily, often used by Beijing to get its message out to the rest of the world, said the United States had failed to h...


Head of VW's Audi arrested in Germany over 'dieselgate'

And The Associated Press reports that Stadler, who has spent almost 30 years working for Audi, is under investigation for "fraud and indirect improprieties with...


Trump's policies have caused high oil prices

A senior Iranian official said on Wednesday that Opec should maintain its existing deal to cut oil supply until the end of 2018, maintaining Iran's opposition...


Telstra hit by another mobile outage

Australian mobile customers have been dealt another blow with reports the company is facing another wide-sweeping outage. "There was a vendor platform issue t...


European Union to begin counter trade tariffs against United States on Friday

The EU tit-for-tat tariffs will hit about 200 US products that include steel and aluminum, corn, rice, orange juice, cigarettes, peanuts, cigars, T-shirts, cosm...


Silicon Valley couple raises millions to reunite immigrant families

With that, the next day she and her husband set out to help change the circumstances of the almost 2,000 immigrant children who have been separated from their...


European Union says retaliatory tariffs on U.S. to kick in Friday

The European Union has announced a new range of retaliatory tariffs against the United States, in response to the us revoking the EU's exemption from steel an...


What Amazon’s ‘Alexa For Hospitality’ Means For Hotels, Guests, And Marketers

Amazon said data from hotel guests will be deleted daily, and Marriott said those who don't want an Echo device in their room can ask to have it removed....


Starbucks announces it's closing 150 stores in 2019

It says it generally averages closing up to 50 stores a year. "We must move faster to address the more rapidly changing preferences and needs of our customers"....