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China’s DJI plans to build drones in California amid US security concern

China’s DJI plans to build drones in California amid US security concern

DJI's letter comes amid rising tech and trade tensions between the USA and China, after the Trump administration recently added several Chinese supercomputing companies to its trade blacklist, join...

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US Treasury Secretary sees

US Treasury Secretary sees "path" to completing US-China trade talks

Trump is meeting his Chinese counterpart on Saturday at the G-20 summit in Osaka, Japan. Saturday will be the first time Trump and Xi meet in person since the USA president threatened to impose addi...

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Trump says Fed should cut United States rates; Powell doing 'bad job'

Trump says Fed should cut United States rates; Powell doing 'bad job'

Powell's comments, delivered before the Council on Foreign Relations in NY, came after Trump tweeted Monday that the Fed "blew it" by raising rates too quickly past year. Commerzbank strategists s...

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U.S. durable goods orders shrink unexpectedly in May

U.S. durable goods orders shrink unexpectedly in May

Since the global grounding of its formerly top-selling 737 MAX aircraft, involved in two fatal crashes since previous year, Boeing has faced a drought of orders. In this May 13 photo, a woman and a ma...

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Tory leadership: Boris Johnson challenges Jeremy Hunt to deliver Brexit by Halloween

Tory leadership: Boris Johnson challenges Jeremy Hunt to deliver Brexit by Halloween

But his rival Jeremy Hunt, the current foreign secretary, has accused him of being a "coward" for refusing to face him in a one-to-one TV debate. The ruling Conservative Party said on Tuesday ...

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U.S. chipmakers sidestep ban to maintain sales to Huawei

U.S. chipmakers sidestep ban to maintain sales to Huawei

Micron , Intel and other industry leaders had managed to partly circumvent the ban by avoiding labelling goods as American-made, the New York Times reported on Tuesday. The US's ban on Huawei pr...

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Belfast ranked as one of the most affordable cities in the world

Belfast ranked as one of the most affordable cities in the world

The strengthening of the U.S. dollar against the pound is the main reason for United Kingdom cities tumbling down the list, according to the report - which said despite concerns over Brexit it remai...

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BMW in electric and hybrid vehicle onslaught

BMW in electric and hybrid vehicle onslaught

The Vision M Next is powered by a hybrid system with two electric motors (one at each axle), combined with a turbocharged inline-four engine to create a total of 600 horsepower. "Operation is clear an...

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China says it has banned all Canadian meat imports

China says it has banned all Canadian meat imports

As a result, "China suspended the import of pork products from the relevant enterprises and required the Canadian side to carry out investigation". Ractopamine is a feed additive that's banned in ce...

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Gold prices are expected to trade higher today: Angel Commodities

Gold prices are expected to trade higher today: Angel Commodities

U.S. President Donald Trump told reporters at the White House today that the U.S. does not seek conflict with Iran but said his administration will continue to increase pressure on Tehran until the re...

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After well-being Budget, NZ ushers in bank deposit protection

After well-being Budget, NZ ushers in bank deposit protection

The government plans to bring in a bank deposit insurance scheme , which would protect up to between $30,000 and $50,000 of depositors' funds in the event of a banking collapse. Robertson said the ne...

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Powell says Fed insulated from politics, wrestling with rate cuts

Powell says Fed insulated from politics, wrestling with rate cuts

Speaking to the Council on Foreign Relations in New York , Powell said the Fed is now grappling with the question of whether those uncertainties will continue to weigh on the outlook and require acti...

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Kushner opens controversial workshop on Middle East peace amidst Palestinian boycott

Kushner opens controversial workshop on Middle East peace amidst Palestinian boycott

Addressing the attendees, Kushner, who is also US President Donald Trump 's son-in-law, said: "Agreeing on an economic pathway forward is a necessary pre-condition to resolving the previously unsolva...

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Bombardier sells regional jet business to Mitsubishi

Bombardier sells regional jet business to Mitsubishi

The deal is valued at United States $750 million in total, of which MHI will pay U.S. $550 million in cash upon closing of the deal with Bombardier Inc.in the first half of 2020, along with assuming d...

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AbbVie to acquire Botox-maker Allergan in $63-billion deal

AbbVie to acquire Botox-maker Allergan in $63-billion deal

Allergan's shares have lost around half their value since then. "The combination of AbbVie and Allergan increases our ability to continue to deliver on our mission to patients and shareholders". Gonza...

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Amazon Prime Day Is Coming July 15!

Amazon Prime Day Is Coming July 15!

Although Amazon isn't ready to reveal many specific names of products you'll be able to buy at deeply discounted prices on July 15 and 16, we expect this million+ Prime Day deal extravaganza to cove...

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Land Rover Defender Lego model leaked

Land Rover Defender Lego model leaked

While the Lego auto is modelled on the three-door short wheelbase Defender "90", the new off-roader will also be available as a five-door "110" model. However, there has been no official release made ...

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China demands explanation from FedEx on returned Huawei package, heightening trade tensions

One of its United Kingdom writers attempted to send a Huawei P30 phone to the magazine's U.S. office via the Parcelforce and Fed Ex courier services, but got sent back as per the tweet below. There ...

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Zim Dollar returns: Zimbabwe bans US Dollar, Rand, Pula, Pound.Foreign Currencies

Zim Dollar returns: Zimbabwe bans US Dollar, Rand, Pula, Pound.Foreign Currencies

The decision to introduce a basket of currencies was taken at a time when the then Zimbabwe dollar was continually losing value. Said Mujuru, "We can't work with miracle economic policies, no it won...

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Hot new Mini John Cooper Works GP shows some more skin…

Hot new Mini John Cooper Works GP shows some more skin…

In terms of its power, the GP is said by Mini to be packing a BMW-derived four-pot with more than 220kW, which is likely to be the same engine from the BMW X2 M35i and new BMW M135i . Three generat...

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Mega-Wealthy American Billionaires Sign Open Letter Calling for 'Moderate Wealth Tax'

Mega-Wealthy American Billionaires Sign Open Letter Calling for 'Moderate Wealth Tax'

Enthusiasm for a wealth tax on the U.S.'s thin sliver of multimillionaires and billionaires may be unsurprising - after all, most Americans would not have to pay it. The group listed Democrats Elizabe...

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Iran tensions: Trump signs off new sanctions

Iran tensions: Trump signs off new sanctions

He said Iran has the potential to a great country, but said they can't be allowed to have nuclear weapons. They bar U.S. companies from trading with Iran, but also with foreign firms or countries th...

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Iran: New US sanctions target supreme leader

President Trump also warned that the United States has shown restraint after Iran shot down a $180 million U.S. Navy surveillance drone over global waters last week and that the regime shouldn'...

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Bitcoin Cash Price Hits $471.68 on Exchanges (BCH)

Bitcoin Cash Price Hits $471.68 on Exchanges (BCH)

On Monday, Bitcoin surged as high as $11,251, a 13 percent gain from late Friday that put it at the highest levels since March past year. The break above the $10,000 mark took place on Friday in Ho...

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Abandoned passenger wakes alone, in darkness on Air Canada plane

Abandoned passenger wakes alone, in darkness on Air Canada plane

In a post on Air Canada's Facebook page , Tiffani Adams described the incident, which she said took place on June 9. Adams states that once she was discovered an Air Canada auto drove her to Pear...

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Daimler to recall 60,000 Mercedes diesels in Germany over emissions

Daimler to recall 60,000 Mercedes diesels in Germany over emissions

It expects group earnings before interest and tax to be about the same as previous year. The German auto giant said the provisions would hit its profits and is the third such warning in a year. The ...

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Carrefour prepares to exit China, sells 80% stake to Suning

Carrefour prepares to exit China, sells 80% stake to Suning

Carrefour said on Sunday (June 23) that it expects to retreat from the Chinese market by the end of 2019, pending regulatory approvals, after agreeing to sell 80 percent of its operations in China to ...

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Eldorado Resorts buying Caesars in $17 billion casino merger

Eldorado Resorts buying Caesars in $17 billion casino merger

Caesars' stock jumped 13.2% before the market open on Monday, while shares of Eldorado fell 7.2%. The transaction values Caesars at about $8.6 billion, and Eldorado will pick up about $8.8 billion of ...

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Trump says didnt threaten to demote Federal Reserve chief but has right

Trump says didnt threaten to demote Federal Reserve chief but has right

The president has criticized Powell for raising interest rates, saying the hikes acted as a drag on his surging economy. "I didn't ever threaten to demote him", Trump said during an interview on "Me...

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Raspberry Pi 4 Launches With More Power and Options Than Ever Before

The credit card-sized computer is created to be highly customisable with an appeal to computer hobbyists, but can also be bought in a bundle with a mouse, keyboard, SD card, power supply, cables and c...

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