Markets

News

Netflix Falls Short of Q2 Subscriber Expectations Worldwide, Stock Dives

Despite the weak quarter, and a lowered outlook for the third quarter, Emarketer expects Netflix to remain the clear leader among video streaming services in the US. Investors value Netflix at a far higher level than other media companies of similar ...

Amazon deals: 30% off Fat Face items in lightning deal

Both Amazon and Target are offering exclusive promotions during their sales. Starting July 16 at 12PM PT/3PM ET you shop more than one million deals worldwide. Shoppers can also look out for deals on other popular phones, laptops, DSLRs, Ama...

Amazon Prime Day vs Black Friday price comparison

The upcoming sale from Flipkart will be offering unmatched offers under Blockbuster deals, Rush Hour Deals, First Time Discounts , and Price Crash offers. Amazon Prime Day 2018 Sale Starts Today at 12PM; Attractive Offers, Deals on Smartphones, Ho...

Netflix Would Prefer Comcast Win Fox Over Disney

Currently, the bid by Comcast stands at £26bn. Speaking to CNBC , Fries said that Liberty both competed and partnered with Sky in the United Kingdom and said that the market was "healthy and vibrant" and competitive. - a move that could bear relev...

US Lifts Trade Ban On ZTE

The Commerce Department removed the ban shortly after ZTE deposited $400 million in a USA bank escrow account as part of a settlement reached last month . "There is no "deal" with a state-directed company that the Chinese government and Communist Pa...

Elon Musk Calls Diver in Thai Soccer Team Rescue a Pedophile

Some users reported Musk's comments to Twitter , one saying he "shouldn't be allowed to use Twitter to unleash [his] followers on people like this". In his first tweet of the thread , Musk said he didn't meet Unsworth and that he "never saw this ...

Tesla customers could lose thousands in tax credits next year

Under a major tax overhaul passed by the Republican-controlled U.S. Congress late past year, financial incentives in the way of tax credits that lower the cost of electric vehicles are available for the first 200,000 such vehicles sold by an auto...

McDonald's removing salads from 3,000 stores after illness caused by parasite

Approximately one-fourth of the patients reported eating a McDonald's salad in the days before they became ill, and a similar pattern is being tracked in Iowa . The chain says it's in the process of removing these salads from its restaurants and dis...

'Pay Your Age Day' lines close at Build-A-Bear

The statement went on to say they understood the disappointment and were working to address the situation. The discount applied to any Make-Your-Own bear in U.S., Canada and United Kingdom stores. The chain said all lines in all stores would not ac...

Justice Department appeals AT&T-Time Warner merger

The merger was swiftly consummated, just two days after Leon's June 12 ruling and nearly as soon as the Justice Department signaled it wouldn't seek to temporarily block the merger while it pondered an appeal . Leon, though, also warned against an...

Chuck E. Cheese's answers 'bear' fiasco with own Pay Your Age day

The popular retailer Build-A-Bear is trying to make amends after it pulled the plug on a big sale due to overcrowding. You can redeem your voucher through August 31. Thousands of people lined up at stores across the U.S., Canada and the U.K. Thursd...

Was Elon Musk's mini submarine just a play for good publicity?

Chu's idea for a film based on the Thai cave rescue comes a day after Pure Flix Entertainment co-founder Michael Scott said he also has ideas for a film about the 12 boys and their 25-year -old coach . Their discovery immediately prompted disc...

National organization of Indigenous women "deeply concerned" by Greyhound cuts

The company blamed "a challenging transportation environment that is characterized by declining ridership in rural communities; increased competition from subsidized national and inter-regional passenger transportation services; the new entry of ul...

Trump claims North Atlantic Treaty Organisation victory but details in dispute

NATO Secretary General Jens Stoltenberg called an emergency session of all 29 allies to address Trump's demands, and the USA leader said his hectoring had paid off. But when pressed on the figures, he referred only to the $40bn (€34.2bn) in increas...

Woolworth recalls savoury rice after listeria outbreak in Europe

In vulnerable people, listeriosis can be serious and fatal. Listeria monocytogenes pose a major risk to pregnant women, the elderly and people with immune system problems. And the European Food Safety Authority (EFSA) said listeria has been aff...

Trump says North Atlantic Treaty Organisation members agreed to meet spending commitments

Trump, in a series of tweets from Brussels , said that, "Presidents have been trying unsuccessfully for years to get Germany and other rich NATO Nations to pay more toward their protection from Russian Federation". Trump insisted that he would bri...

U.S. Poised to Publish $200 Billion China Tariff List

President Donald Trump vowed to hit back after China retaliated for the first round of 25% tariffs on $34 billion worth of imports that Washington imposed last week . The tariffs could take effect after public consultations end on August 30, accor...

Crude Mixed as Asian Refiners React to Impending Trade War

It is now trying to negotiate a waiver from the US sanctions, but judging by the State Department's stated goal to reduce Iran's crude oil exports to zero, success is uncertain. American oil producers may find a new friend in India as they brace fo...

Why higher unemployment signals a strengthening economy

How could an increase in the jobless rate be good news? "Despite ongoing concerns about being on the brink of a trade war, today's jobs report shows the continued strength of the economic recovery in the USA", said Tony Bedikian, head of global m...

B.C. a 'curiosity' as province sheds 8000 jobs in June

The Canadian dollar initially strengthened to C$1.3095 to the USA dollar, or 76.37 US cents, up from C$1.3137, or 76.12 US cents, before later giving up its gains. "After an impressive performance in 2017, the Canadian labour market definitely took a...

USA tariffs take effect, China announces retaliation

When it comes to China, Trump believes Beijing is using "unfair" trade practices to gain an advantage on the United States , including lax observation of intellectual property law. "So we have 50 plus 200 plus nearly 300". This trade war will ...

World powers try keep Iran nuclear deal alive

Trump announced on May 8 that Washington was walking away from the nuclear agreement, which was reached between Iran and the five permanent members of the UN Security Council - the United States, Britain, France, Russia and China - Germany, and the E...

President Trump wants to lower oil prices, but isn’t entirely sure how

Futures dropped as much as 1.7% in NY following a government report showing U.S. crude inventories climbed 1.25 million barrels last week as imports rose and exports fell. Moreover, Obama was able to do this without increasing oil prices because a ...

Micron says China ban unfair but won’t hurt revenue

UMC shares rose as much as 3.9 percent on Wednesday, before erasing a chunk of the gains to be up 1 percent. The company said on Thursday that it expects to lose only one percent of its revenue because of the order, which was handed down by Fuzhou...

China's HNA Group Chairman Wang dies after fall in France

Wang Jian, 57, was injured in a fall during a business trip, and died on Tuesday, according to a brief statement. HNA has been one of China's most active business conglomerates, snapping up a range of assets in a short period of time.

5 important takeaways from the June jobs report

Ontario's economy added 35,000 new jobs in June, but again, more people were looking for work putting upward pressure on the unemployment rate provincially. Now back to the number you are seeing in today's headline - the 4 percent unemployment rate...

Washington moves to block China Mobile from US market

As Reuters reports, the National Telecommunications and Information Administration (NTIA) released a statement yesterday recommending the Federal Communications Commission (FCC) deny China Mobile's request for a telecommunications services lice...

Russia, Saudi Arabia propose reforms on monitoring OPEC

The United States is willing to work with nations that are decreasing oil imports from Iran on case by case basis, US Department of State Director of Policy Planning Brian Hook told reporters, Sputnik reported. Trump's tweet offered no timeframe ...

Iran tells Trump: stop tweeting, it's driving up oil prices

This must be a two way street. "If Trump continues to believe that OPEC are not doing enough, we would not rule out an SPR (Strategic Petroleum Reserve) release from the USA, or possibly even export restrictions on petroleum products", ING said i...

Trump will delay NAFTA talks until after mid-terms Nov

On Monday, a day after Canada's counter-tariffs came into effect, White House press secretary Sarah Sanders said escalating the tariffs "does nothing to help Canada and only hurts American workers". "I'm not here with a Make America Great hat on my h...

Search

Breaking News

Elon Musk explains why he's thinking about taking Tesla public

The company had a market value of $58 billion as of Monday's close. Basically, I'm trying to accomplish an outcome where Tesla can operate at its best, free from as much distrac...

Elon Musk tweets he has funding to take Tesla private

In a second tweet on Tuesday, Mr Musk said taking the company private would not lead to a single dominant shareholder. " Funding secured ", the tweet added, offering no furth...

Dead fetus reportedly found on plane at LaGuardia Airport

The fetus was found on board an American Airlines flight Tuesday morning. But at around 6 a.m. Tuesday morning, the cleaning crew found the fetus hidden inside the toilet under s...

Facebook asks major US banks to share customer data

At least one large USA bank has walked away from talks in light of the ongoing investigations into Facebook's data sharing practices, says the WSJ . The company is aiming to boos...

PepsiCo CEO Indra Nooyi steps down

Her run will end on October 3rd after 24 years with the company. Laguarta will take over on October 3 and will also join the board, the company said in a statement . "She has d...

Conor McGregor to Face Nurmagomedov in Main Event at UFC 229

McGregor , speaking with TMZ, revealed a deal for his comeback fight was near to completion nearly two years since his last appearance in the octagon. "For Khabib, who is undefeat...

White House adviser warns China 'better not underestimate' Trump on trade - worldwide

China proposed a 25 percent tariff on imports of copper ore and concentrate from the USA , which shipped about 70,000 tons to the country a year ago . The commerce ministry issu...

Oil edges lower as supply concerns return

Traders said prices rallied early when industry information provider Genscape reported that crude inventories at the Cushing, Oklahoma, delivery hub for USA crude, dropped 1.1 m...

Spanish pilots union sues Ryanair over contracts

A month earlier in a memo seen by Reuters Ryanair said time-off duties for the pilots committee remained an issue but there was little between the two sides and it was hopeful of...

USA employers add 157,000 jobs, jobless rate slips to 3.9 percent

Manufacturing gained 37,000 jobs, driven by durable-goods and transportation companies. But, as with small businesses, manufacturers are having trouble filling job openings, she ...

Special Reports

RBI monetary policy: Repo rate hiked by 25 bps

RBI monetary policy: Repo rate hiked by 25 bps

Mumbai: Home, auto and personal loans are set to get costlier as the Reserve Bank of India on Wednesday raised the repo rate , the rate at which it provides funds to banks, by ...

Record Iranian oil imports for India in July

Record Iranian oil imports for India in July

Purchases from Iran could slow from August as imports from Tehran are getting tougher after the United States in May pulled out of a 2015 nuclear deal and announced the renewal...

Oil Prices Drop as U.S. Inventory Grows

Oil Prices Drop as U.S. Inventory Grows

U.S. efforts to cut Iran's oil exports are expected to contribute to global oil price volatility in the short term, according to the International Energy Agency. EDT (2030 GMT) ...

That’s trillion with a T-Apple hits market value of $1 trillion

That’s trillion with a T-Apple hits market value of $1 trillion

He's right. It's extremely hard to avoid comparing Apple's good fortunes with the recent slump at Facebook , which can be crudely summed up as the result of the social networ...

USA considers higher tariffs on $200 billion in Chinese imports

USA considers higher tariffs on $200 billion in Chinese imports

The dynamic has proved hard to change, given USA consumers' reliance on Chinese goods. Two trump administration officials told reporters on a conference call that Trump remains...

China Plans Tariffs on $60 Billion of U.S. Goods

China Plans Tariffs on $60 Billion of U.S. Goods

China's Commerce Ministry said in a seperate statement Beijing's new set of proposed import tariffs on United States goods were rational and restrained. Beijing's earlier penalty ...

Pompeo Leans on Turkey to Release Pastor Brunson: 'The Clock's Run Out'

Pompeo Leans on Turkey to Release Pastor Brunson: 'The Clock's Run Out'

Pompeo met with Turkish Foreign Minister Mevlut Cavusoglu in Singapore during a security conference in Southeast Asia. The administration is also seeking the release of several d...

China threatens new tariffs on $60 billion worth of U.S. goods

China threatens new tariffs on $60 billion worth of U.S. goods

The commerce ministry threat came after Wang met with US Secretary of State Mike Pompeo at a meeting of the Association of Southeast Asian Nations (ASEAN) in Singapore on Friday. "...

Apple is the first $1 trillion company in history

Apple is the first $1 trillion company in history

Started in the garage of co-founder Steve Jobs in 1976, that Apple has pushed its revenue beyond the economic outputs of Portugal, New Zealand and other countries, reports Reute...