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Apple's main iPhone maker Foxconn to resume some Chinese production

Apple's main iPhone maker Foxconn to resume some Chinese production

Apple's biggest iPhone maker Foxconn has been given the green light to resume production at a key plant in the eastern central Chinese city of Zhengzhou, after being forced to shut it following...

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USA adds 225K jobs; unemployment rate unchanged

USA adds 225K jobs; unemployment rate unchanged

The service sector, on the other hand, added 14,500 positions in January. Still, those gains were nowhere near enough to offset job losses in nearly every other subsector of the local economy....

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Wall St reaches new highs as China moves to limit coronavirus impact

Wall St reaches new highs as China moves to limit coronavirus impact

The safe-haven yen and Swiss franc nursed losses versus the dollar while the yuan held on to gains in offshore trade in a tentative sign of improvement in risk appetite as investors monitor the impact...

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RBA still likely to slash rates twice this year

RBA still likely to slash rates twice this year

A new uncertainty affecting the outlook is the outbreak of the coronavirus, Lowe said. "Inflation remains low and stable, over 2019, Consumer Price Index (CPI) inflation was 1,8% and underlying in...

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Murkowski ‘Cannot Vote to Convict’ Trump: Says Impeachment Process is ‘Rotten’

Murkowski ‘Cannot Vote to Convict’ Trump: Says Impeachment Process is ‘Rotten’

Trump said the diagnosis was not good news, but added: "What is good news is that he is the greatest fighter and victor that you will ever meet". "Now do impartial justice and convict him". We will wo...

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Brexit: Now the real work starts

The UK and the European Union are on a collision course for a Brexit trade battle as Boris Johnson and Michel Barnier set out competing visions of the future relationship. Diane James: My personal ...

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Goods & Services Deficit Narrowed by 1.7% in 2019

Goods & Services Deficit Narrowed by 1.7% in 2019

Data for November was revised to show the gap tightening to $43.7 billion instead of $43.1 billion as previously reported. On the export side, soybean exports rebounded 8.2 percent, but that did not...

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Infected woman gives birth to healthy baby

Infected woman gives birth to healthy baby

Other countries have rushed to evacuate their citizens from Hubei and its capital city, Wuhan, while many have also imposed extraordinary travel restrictions on travellers to and from China. "But for ...

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China to supply 1.2 tril. yuan to money markets amid virus spread

China to supply 1.2 tril. yuan to money markets amid virus spread

The aim of the measure is to maintain the liquidity of the banking system and the stability of the monetary market during the virus check period, according to a statement published on the bank's websi...

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State of the Union address: Trump snubs Nancy Pelosi's handshake

Clap Back: Nancy Pelosi clapped at Trump during State of the Union . "But Jim [Jordan] is exactly right". The White House responded nearly immediately by referencing several of the guests of hon...

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AAA: California Paying on Average $3.51 Per Gallon, Nation at $2.47

AAA: California Paying on Average $3.51 Per Gallon, Nation at $2.47

Motorists are paying an average of $37 for a full 15-gallon tank of gasoline. Gas prices are at least four cents cheaper across the Great Lakes and Central States, except in MI which is the only sta...

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China's Foreign Ministry Says US Should Not Overreact to Coronavirus Outbreak

China's Foreign Ministry Says US Should Not Overreact to Coronavirus Outbreak

The total number of infections in China rose by 3,235 to 20,438, and there were at least 151 cases in 23 other countries and regions. "We're not threatening the government, we just want to prevent t...

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Tesla surges past $700 on Panasonic profit, bullish price target

Tesla surges past $700 on Panasonic profit, bullish price target

Two consecutive profitable quarters for Tesla (with record vehicle sales) and profitable battery production for Tesla by Panasonic , surely are strong reasons for the stock to make gains. The big...

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Orlando Earth Fare grocer closing

Orlando Earth Fare grocer closing

Lucky's and Earth Fare have been competing with each other in Florida, a battle that proved costly for both. "As such, we have made the hard, but necessary decision to commence inventory liquidation s...

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Pound slides as Johnson threatens hard Brexit

Pound slides as Johnson threatens hard Brexit

European Union chief negotiator Michel Barnier was equally emphatic that the EU's 27 remaining nations wouldn't agree to any British trade deal just to avoid a costly, chaotic "no-deal" at the start ...

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Macao leader asks casinos to shut over virus fears

Macao leader asks casinos to shut over virus fears

The announcement by Macau's chief executive Ho Iat Seng came as the former Portuguese colony reported 10 confirmed cases of the virus and tight restrictions on movements in and out of the Chinese te...

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US ISM Manufacturing: Back to expansion, but it won’t last - Wells Fargo

US ISM Manufacturing: Back to expansion, but it won’t last - Wells Fargo

A first step toward de-escalation in the trade war certainly helped, but coronavirus worries are not yet showing up in these numbers, argued analysts at Wells Fargo. producers, particularly those reli...

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CDC warns coronavirus cases will continue to spread

Australia sent hundreds of evacuees from Wuhan to an island in the Indian Ocean, while Japan ordered the quarantine of a cruise ship with more than 3,000 aboard after a Hong Kong man who sailed on it ...

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Coronavirus worries send oil into bear market

Coronavirus worries send oil into bear market

Crude oil's top benchmark Brent broke the key $55 per barrel support on Monday as China's coronavirus crisis entered its second month, threatening to drain oil demand further in the world's larges...

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More People Diagnosed With Coronavirus in Northern California

More People Diagnosed With Coronavirus in Northern California

Scientists and disease experts say the Wuhan coronavirus outbreak could soon be declared a pandemic. Hong Kong shut nearly all of its land and sea border crossings with the mainland at midnight af...

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U.S. Oil Skids Into Bear Market, While Stocks Rebound

U.S. Oil Skids Into Bear Market, While Stocks Rebound

The major averages reached their session highs after the Institute for Supply Management said its manufacturing gauge showed activity in the sector expanded. Microsoft rose 1.6 per cent and Intel gain...

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Newly-built hospital in Wuhan accepts patients infected with coronavirus

In China, 17,205 people have contracted the coronavirus , which has killed at least 361 people in China and one in the Philippines. Hospital on the outskirts of Wuhan City was delivered to the Pe...

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Brexit trade deal clash: United Kingdom and European Union spar over rules

Brexit trade deal clash: United Kingdom and European Union spar over rules

Mr. Johnson's speech to diplomats, business leaders and others in the baroque surroundings of the Old Royal Naval College in Greenwich, south London, was predictably more colorful and political than...

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Canada allows 737 MAX 'ferry' flights since grounding fleet

Canada allows 737 MAX 'ferry' flights since grounding fleet

It now expects to reach that goal in 2025 or the following year. However, this time it would be for the larger -10 variant of the aircraft as opposed to the airline's exclusive -200 variant. O'Leary s...

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First patients admitted to new China coronavirus hospital built in 10 days

Ghebreyesus stressed at a press conference last week that the World Health Organization discourages or even opposes restrictions of travel and trade, saying its emergency committee on the virus "doe...

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Stock markets end fearful week with more losses

Stock markets end fearful week with more losses

The Dow Jones Industrial Average fell 204 points, or 0.7 per cent to 28,654. Goldman Sachs predicted that the virus may lower Chinese growth to 5.5% for the year, down from 6.1% in 2019. The yield...

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Michel Barnier lays out European Union terms for fishing deal with UK

This contingency plan would see the carmaker closing its factory in Barcelona and moving production of the Micra supermini from France to Sunderland in the United Kingdom, as reported by the Financ...

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Victoria's Secrets under fire over alleged culture of 'misogyny, bullying and harassment'

Victoria's Secrets under fire over alleged culture of 'misogyny, bullying and harassment'

Wexner's representative declined comment to the ABC. Following the report, Razek has released a statement denying all allegations. "What was most alarming to me, as someone who was always raised...

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Lauren Sanchez's brother sues Bezos for defamation over leaking claim

Lauren Sanchez's brother sues Bezos for defamation over leaking claim

Sanchez has long maintained that while he provided the National Enquirer's parent company American Media Inc. with some information, he never possessed any of Bezos's explicit pictures himself. A re...

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Marlboro parent Altria sees value of Juul investment slip $4.1 billion

Marlboro parent Altria sees value of Juul investment slip $4.1 billion

Tobacco giant Altria Group has blamed the $8.5bn (£6.5bn) fall in value on rising legal and regulatory threats. Altria (NYSE:MO) posted a fourth-quarter loss Thursday as it took a $4.1 billion impai...

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