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Stories about Markets

Jul 13 2018

Britain clears Rupert Murdoch's Fox to bid for Sky

The battle takes place in the context of a broader struggle between Comcast and its rival Disney , which are both attempting to buy the bulk of Fox's assets, including...

Jul 11 2018

Trump expects to find Britain ‘in turmoil’ during his visit

Tory divisions over Brexit continued to boil over as Theresa May was warned to prepare for more resignations from her top team. Michael Gove left no doubt that he...

Jul 09 2018

Iran downplays impact of USA sanction threats

Top exporter Saudi Arabia told Opecit raised oil output by nearly 500,000 barrels per day last month, Opecsources said, a sign Riyadh wants to make up for shortages e...

Jul 06 2018

Saudi cabinet says ready to use spare oil capacity as needed

Abu Dhabi said it's ready to increase oil output in line with guidance set by OPEC and allied producers, echoing comments by Saudi Arabia that it will boost supply to m...

Jul 04 2018

'Impeach 45' apparel leads to Walmart boycott threats

CBS News reports one person pointed out the company also sold clothing from various vendors for people who opposed former Secretary of State Hillary Clinton, Trump's o...

Jul 04 2018

Largest U.S. business group attacks Trump on tariffs

The EU in its submission said that European companies make close to 2.9 million cars in the United States, supporting 120,000 jobs - or 420,000 if cars dealerships and ...

Jul 04 2018

Amazon to Extend Prime Day on July 16 to 36 Hours

In addition, there will be new product category sections to browse and deals through Whole Foods , which it purchased previous year for almost US$14 billion. Members w...

Jul 04 2018

LeBron has Lakers dreaming bigger than the playoffs, says Kobe

The Lakers have failed to reach the playoffs for the past five seasons. "With LeBron officially agreeing to sign with the Lakers, it'll be fascinating to monitor what t...

Jun 30 2018

Nigeria suffers biggest oil output decline in OPEC

At least three OPEC members disagree with Saudi Arabia and Russian Federation on the need to pump more oil , OPEC sources said , complicating any official decision ...

Jun 26 2018

Trump wants 'no judges or court cases' before deporting illegal immigrants

The whiplash has some House Republicans seriously doubting that leaders will be able to get the bill over the finish line, which was already going to be an uphill climb b...

Jun 26 2018

Harley-Davidson, stung by tariffs, shifts some USA production overseas

The company said that while it does not plan to raise retail or wholesale prices, it expects an incremental cost of $2,200 per unit exported from United States to the EU....

Jun 23 2018

Top Korean crypto exchange Bithumb hacked, $31.5 million lost

We also don't know the exact cause of the breach, but a local news outlet is reporting that investigators from South Korea's National Police Agency have begun a forma...

Jun 22 2018

OPEC rift deepens as Iran walks out of key meeting

MINISTER of Energy , Industry and Mineral Resources Khalid Al-Falih said in Vienna on Thursday increasing oil supply by 1 million barrels per day would be a good t...

Jun 22 2018

Trump threatens to slap 20 percent tariff on cars from EU

Asked last week how she would react if Trump went through with his plan to impose tariffs on European Union auto exports, German Chancellor Angela Merkel said in an int...

Jun 22 2018

Supreme Court sales tax ruling to make online shopping more expensive

The ruling is a victory for big chains with a presence in many states , since they usually collect sales tax on online purchases already. The decision, in which Sout...

Jun 20 2018

Why Trump's Trade War With China Is So Risky

The U.S. tariff hikes imposed so far affect a total of about $109 billion of imports, according to Morgan Stanley. However, many economists and businesses in the USA ...

Jun 11 2018

Commerce Secretary: US reaches deal with China's ZTE

Trump has indicated he views the handling of ZTE as part of his administration's broader effort to renegotiate trade conditions with China. The U.S.is maintaining its ...

Jun 11 2018

Revealed the name for the new model Porsche,

We'll re-visit the Mission E's specs shortly, but for now you should know that Porsche's upcoming EV will not, in fact, be called the Mission E when it becomes avai...

Jun 10 2018

Kitty Hawk demos its production-ready solo sport Flyer

The single-seated electric Flyer , which is now available for pre-order, can fly up to 10 feet high in the air with a speed limit of up to 20 miles per hour and is ope...

Jun 10 2018

Kim Jong-un reaches Singapore for the historic meet with Trump

Any nuclear deal will hinge on North Korea's willingness to allow unfettered outside inspections of the country's warheads and nuclear fuel, much of which is likely kept ...