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Trump levels new tariff threat against China, defends Mexico showdown

Trump levels new tariff threat against China, defends Mexico showdown

He said the Fed has put him at a disadvantage in the trade conflict with China, where President Xi Jinping can direct the central bank and offset the impact of the tariffs Trump imposed on $250 billio...

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Salesforce acquires Tableau to take on Microsoft Power BI

Salesforce acquires Tableau to take on Microsoft Power BI

More than 86,000 organizations around the world use Tableau to understand data. Big data analytics is a complex process used to uncover hidden patterns, unknown correlations, market trends and custo...

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United Kingdom economy shrinks in April as auto plants close

United Kingdom economy shrinks in April as auto plants close

According to the Office for National Statistics , gross domestic product (GDP) plunged by 0.4% in April from a month earlier as factories across the country launched a wave of planned shutdowns to av...

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Three UK to switch on 5G in August, starting with home broadband

That could potentially give Three more 5G coverage by the end of 2019 than either EE or Vodafone . The press release also says that Three's the only network "who can offer a "true" 5G experience whic...

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Raytheon to merge with United Technologies, create military-industrial behemoth

Raytheon to merge with United Technologies, create military-industrial behemoth

Those will be joined by Collins Aerospace and Pratt & Whitney. United Technologies' current chairman and chief executive Greg Hayes will be its CEO. The combination excludes Otis and Carrier, which ar...

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Risks from trade, geopolitical tensions intensifying: G-20

Risks from trade, geopolitical tensions intensifying: G-20

The world's top financial policymakers admitted Sunday that trade tensions had worsened & posed a risk for the global economy, after a G20 meeting that laid bare differences between the United St...

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Barnes and Noble going private after battle with Amazon

Barnes and Noble going private after battle with Amazon

James Daunt , chief executive officer of Waterstones , will also become CEO of Barnes & Noble. Barnes & Noble, the largest bookstore chain in the USA, has been sold to Elliot Management Corporation...

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Mexico contradicts Trump's tweet of reaching a farm deal

The agreement means Mexico will send 6,000 troops to its southern border with Guatemala to help control migration and vowing to crack down on human trafficking and smuggling networks. Americans bought...

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Trump defends Mexico migration deal and pledges more detail

Trump defends Mexico migration deal and pledges more detail

Key aspects of the agreement are still unclear, including whether Mexico has pledged to buy more US agricultural products and if the deal materially expanded a previous commitment by Mexico to more vi...

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Oil prices rises as Saudi Arabia signals OPEC deal extension

Oil prices rises as Saudi Arabia signals OPEC deal extension

Oil prices have taken a bad battering in recent weeks but got some reprieve on Friday, thanks to hints that OPEC and its allies could extend their supply cut pact when they next meet. Still, the two l...

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Analysts’ Research Causes Of The Meat Shares Increase 36%

Analysts’ Research Causes Of The Meat Shares Increase 36%

What's interesting is that while the company's sales soared 215% from a year ago, its losses rose at a much slower clip - a sign that even as demand for its product is growing, it's doing a good job k...

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Bundesbank slashes German growth forecasts - Global X DAX Germany ETF (NASDAQ:DAX)

Even if the domestic economic upswing in Germany would be still "intact", the Bundesbank stated that the "downturn in industry" was mainly suffering from sluggish exports. For the year 2020, the Germa...

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US economy added only 75,000 jobs in May

US economy added only 75,000 jobs in May

The economy is showing signs of sluggishness after having expanded at a healthy 3.1% annual rate in the April-June quarter. Yet consumers have turned cautious about spending, and companies are scali...

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United Kingdom clamps down on banks’ high overdraft charges

United Kingdom clamps down on banks’ high overdraft charges

The regulator said it is introducing the reforms to "fix a dysfunctional overdraft market". The changes aim to help protect the millions of consumers who use overdrafts, particularly more vulnerable...

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Uber Copter's $200 flights launch in New York City on July 9th

Uber Copter's $200 flights launch in New York City on July 9th

Uber is on the verge of launching its latest division called Uber Copter , which is dedicated to those willing to pony up a hefty $200 to $225 for a lift from Lower Manhattan's heliport near the Sta...

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Trump To Decide Next China Tariffs After G20 Summit

Trump To Decide Next China Tariffs After G20 Summit

Adding to concerns China might target USA companies in the trade dispute, the ministry last week said that it was drafting a list of "unreliable entities" that have harmed Chinese companies' interests...

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Not 2020; Facebook Will Announce Its Cryptocurrency in June

Not 2020; Facebook Will Announce Its Cryptocurrency in June

After discussing with various financial institutions, Facebook has planned to create a $1 billion basket that will be consists of both fiat currencies and less risky securities. Moreover, the repor...

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Kroger recalls frozen berries over health risk

Kroger recalls frozen berries over health risk

Federal officials are warning consumers to avoid certain brands of frozen berries sold at Kroger and other grocery stores over fears of Hepatitis A virus contamination. The FDA is recommending that...

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Trump halts trade war threats as Mexico agrees 'strong measures' on migrants

Trump halts trade war threats as Mexico agrees 'strong measures' on migrants

It comes at the end of three days of negotiations, which saw Washington demand a crackdown on Central American migrants. The US president had always been insisting that Mexico is " sending " migrant...

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Venezuela's Maduro says border with Colombia to reopen

Venezuela's Maduro says border with Colombia to reopen

The closures caused problems for towns along the border that have come to rely on Colombian cities for essential products and services, and many people have crossed illegally, at times having to pay t...

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Flight delays, cancellations persist after LAX power outage

Flight delays, cancellations persist after LAX power outage

According to NBC San Diego, terminals 2, 3, 4, 5 and 6 and the Tom Bradley International Terminal had their power restored within an hour, but terminals 1, 7 and 8 were forced to make do with emergenc...

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European Central Bank rules out rate hike, opens the door to more stimulus

European Central Bank rules out rate hike, opens the door to more stimulus

Such figures mean the ECB's years of interventions have made only inching progress toward its inflation goal of just below 2.0 percent. It also said it would keep rates at those record lows at least t...

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Uber executive reshuffling drops its COO and CMO

Uber executive reshuffling drops its COO and CMO

Khosrowshahi told employees that Barney Harford, chief operating officer, and Rebecca Messina, chief marketing officer, will be departing the company as it consolidates executive roles following the ...

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Single ticket wins $530 million Mega Millions jackpot

Single ticket wins $530 million Mega Millions jackpot

The latest Mega Millions jackpot began growing after a $50 million payout was won with a ticket purchased in Kansas City, Missouri, on March 12, according to theMega Millions website. The next drawing...

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Commodities - Oil Prices Hover Near 5-month Low

Commodities - Oil Prices Hover Near 5-month Low

Commodity Futures Trading Commission (CFTC) said on Friday. "So we expect the current market focus on trade tensions and oil demand growth to yield soon to the supply dynamics of OPEC + curbs and t...

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Weak U.S. employment report raises red flag on economy

Weak U.S. employment report raises red flag on economy

In May, wages rose 3.1% from a year earlier, down slightly from last month's gain of 3.2%. And last week, he threatened to impose 5% tariffs on all Mexican imports to the United States beginning Mon...

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Why tiny magnets could be China's destructive new trade-war weapon

Why tiny magnets could be China's destructive new trade-war weapon

China , as part of the escalating trade conflict with the United States , implied through its state-controlled media last month that it could restrict rare earth sales to the world's largest econom...

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FedEx will stop air shipments of packages for Amazon

FedEx will stop air shipments of packages for Amazon

A FedEx delivery worker carries a package for a delivery in Wilmette, Illinois, October 27, 2015. FedEx announced Friday that is ending its FedEx Express U.S. The revelation arrived as part of FedEx...

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Italy's Salvini Wants EU Regulation Change

Italy's Salvini Wants EU Regulation Change

But Italy's government showed little immediate interest in a policy change, leading Brussels to issue a final warning on Wednesday. Italian Deputy Prime Minister Luigi di Maio holds a news confere...

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WTI Crude Oil Edges Higher After Touching Five-Month Lows

WTI Crude Oil Edges Higher After Touching Five-Month Lows

Brent and WTI on Wednesday hit their lowest marks since mid-January at $59.45 and $50.60, respectively, after US crude output reached a record high and stockpiles climbed to their highest since July...

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