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Cost of some USA goods to rise by 25% on Friday

The items targeted also include steel products and agricultural produce such as orange juice and rice. She said that the response is proportionate and in line with World Trade Organization (WTO) rul...

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Oil prices rise ahead of OPEC’s June 22 meeting

Oil prices rise ahead of OPEC’s June 22 meeting

Oil catches some much-needed lift on USA crude stocks declines. USA oil prices managed to stage a bounce this week after a rapid decline last Friday saw WTI crumple into 63.36 after lifting steadily...

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BRIEF: Technical issue leads to more flight cancellations for PSA Airlines

BRIEF: Technical issue leads to more flight cancellations for PSA Airlines

The airline said the issue happened to a regional carrier - PSA Airlines - causing Sunday morning and afternoon flights to be delayed. This morning, PSA Airlines, an American Airlines regional car...

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Starbucks announces it's closing 150 stores in 2019

Starbucks announces it's closing 150 stores in 2019

Historically, the company closes around 50 stores a year, the company stated in a press release. " We have a line that we'd love to share with our customers later this year, so it is in our plans ",...

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Fox board to meet on Comcast's $65B bid

Fox board to meet on Comcast's $65B bid

The battle for Fox has transfixed the media business, pitting Disney chief Bob Iger and Comcast head Brian Roberts against one, as the control of one of Hollywood's most storied film and television br...

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Canada's duties force shoppers to smuggle, Trump wrongly accuses

Markets soured as economists warned of damaged business confidence, a blow to China's growth prospects and ripple effects through its supply chains. US stock market tumbled on Tuesday following the ...

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Microsoft staff demand company ends contract with 'inhumane' United States border patrol agency

Microsoft staff demand company ends contract with 'inhumane' United States border patrol agency

The public outcry over the Trump administration's policy of separating children from their parents at the United States border is spilling over to Microsoft, which has a contract with federal immigr...

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GE: Dropped From the Dow Like a Sack of Potatoes

GE: Dropped From the Dow Like a Sack of Potatoes

Walgreens Boots Alliance ( WBA ) will replace GE on the Dow Jones index starting June 26. " Walgreens is a national retail drugstore chain offering prescription and nonprescription drugs, related ...

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Outrage after World Cup reporter groped live on-air by man

The man grabbed Gonzalez Theran and her breast, kissed her on the cheek, and quickly took off. Gonzalez Theran, though, didn't let the attack faze her one bit. 'I share the joy of football but we mu...

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Hackers steal $30 million from top Seoul bitcoin exchange

Hackers steal $30 million from top Seoul bitcoin exchange

Major cryptocurrencies such as Bitcoin , Ethereum, Ripple, and Bitcoin Cash, which successfully picked up some momentum throughout June 17 to 19, ended their corrective rallies and have fallen by aro...

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Donald Trump Defends Tariffs: ‘We Can No Longer Be the Stupid Country’

Apparently , as Trump told the crowd, this is Canadians' only resort to get basic American products, like shoes, since the tariffs are so high. According to Trump Canadians "buy shoes and they we...

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One Dunkin Donuts asks customers to report workers yelling in foreign language

One Dunkin Donuts asks customers to report workers yelling in foreign language

Dunkin' Donuts is in hot water for a sign at one of its Baltimore restaurants. The sign, according to the Baltimore Sun , would offer coupons to customers who reported workers at a doughnut sto...

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McDonald's to test paper straws in U.S.

McDonald's to test paper straws in U.S.

As a result, millions of plastic straws end up in the ocean, where they pollute the ecosystem. Varney and his business partners, all stalwarts of the packaging industry, watched as chains includin...

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Trump threatens to impose more trade tariffs on China

Trump threatens to impose more trade tariffs on China

A Commerce Ministry statement criticized the US measures as "extreme pressure and blackmail". "If the U.S. acts irrationally and issues a list, China will have no choice but to take comprehensive ...

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Donald Trump readies $200 billion in China tariffs, citing 'unacceptable' policies

Donald Trump readies $200 billion in China tariffs, citing 'unacceptable' policies

The Dow is down more than 300 points in pre-market trading Tuesday, extending a global stock selloff triggered by President Trump's threat to levy billions of dollars more in tariffs on Chinese ...

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Elon Musk: Tesla Is a Victim of Sabotage

Elon Musk: Tesla Is a Victim of Sabotage

CNBC confirms that many employees from different divisions of Tesla have confirmed receiving such an email from the CEO. The CEO, who warned that there may be "considerably more to this situation t...

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Debenhams blames competitor discounting and weak markets for profit warning

The retailer's shares have slumped 14 per cent on the news. The department store now expects full-year pre-tax profits to come in between £35 million - £40 million, down from previous estimates of £...

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Tesla Car Fire Examination to Be Observed by U.S. Safety Agency

Tesla Car Fire Examination to Be Observed by U.S. Safety Agency

McCormack captured and shared a video with flames shooting from beneath the Tesla . "And thank god my three little girls weren't in the auto with him", she added, after thanking the "kind couple"...

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Australia now has Amazon Prime

Amazon's introduction of Prime only seven months after it launched its local website was far quicker than in other markets, and indicated a "certain level of ambition here", said Amitabh Mall, a senio...

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Trump to announce nominee to lead CFPB

Trump to announce nominee to lead CFPB

What's likely to be a hard confirmation process could take months, and Mulvaney has said he expects to be at the bureau until the end of the year. The agency has been the focus of partisan fights sinc...

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President Trump Urges New Tariffs On $200 Billion In China Trade

Pompeo's remarks to the Detroit Economic Club came as fears over a possible trade war between the world's two largest economies weighed on stock markets . In response, China announced tariffs on $34b...

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Chanda Kochhar 'to go on leave', Bakhshi new COO: ICICI Bank

Chanda Kochhar 'to go on leave', Bakhshi new COO: ICICI Bank

ICICI Bank's board, which had initially backed Kochhar calling the alleged nepotism charges against her "malicious and unfounded", last month said it would institute a probe headed by an independent p...

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Unilever's Keith Weed calls for 'urgent action' to tackle influencer fraud

Unilever's Keith Weed calls for 'urgent action' to tackle influencer fraud

Besides having transparency from influencers, Unilever also said that its brands will "never buy followers", and that it will also prioritise partners that increase transparency and help eradicate b...

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Merkel seeks migration compromise to keep coalition together

Merkel seeks migration compromise to keep coalition together

SIBLING RIVALRY Two parties have made up Germany's mainstream center-right in the post-World War II era: the Christian Democratic Union, currently led by Merkel; and the Christian Social Union, now ...

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China slams U.S. trade threats as 'blackmail', warns of countermeasures

China slams U.S. trade threats as 'blackmail', warns of countermeasures

This comes after the US slapped 25 percent duties on $50 billion worth of Chinese imports. China has hiked its list of USA goods on which it said it would slap tariffs six-fold from a version rele...

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Amazon Prime is now available in Australia

But Australian consumers living in the major metropolitan and regional cities will have a two-day wait before they can receive their deliveries. There is also an introductory offer of $4.99 a month,...

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Trump escalates China trade war with extra tariffs

Trump escalates China trade war with extra tariffs

Trump directed the US Trade Representative's office to begin drawing up a list of $200 billion worth of Chinese goods to hit with a 10% tariff, dwarfing the size of previous trade actions against Chin...

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CYGB in deal to buy Virgin Money for £1.7 billion

It plans to retain the Virgin Money brand and will pay Richard Branson's Virgin Enterprises royalties of £15m per year as part of a licensing agreement, as well as allowing the conglomerate to nominat...

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Audi CEO Rupert Stadler arrested in diesel emission case

Audi CEO Rupert Stadler arrested in diesel emission case

A judge in Germany has ordered that Stadler be remanded in custody, it said , to prevent him from obstructing or hindering the diesel investigation . Volkswagen has pleaded guilty to criminal charge...

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Audi chief executive Rupert Stadler arrested

A spokesman for VW said: "We confirm that Mr Stadler was arrested this morning". Audi had no immediate comment. Munich prosecutors and Stadler himself were not immediately available for comment....

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