Stories about Markets

Nov 18 2018

China offer unlikely to spur major trade breakthrough - senior U.S

Major US corporations say they are raising prices and face higher costs due to the trade war, in which Washington has imposed steep import duties on more than $250 billio...

Nov 18 2018

Pence says USA to partner in Papua New Guinea military base

PROTECTIONIST actions are short-sighted and doomed to fail, Chinese President Xi Jinping said today ahead of an Apec summit at which US-China trade tensions are likel...

Nov 18 2018

Jennie-O recalling 90000 pounds of ground turkey due to salmonella risk

About half of those sickened had to be hospitalized. "The USDA should immediately make public which turkey producers, suppliers, and brands are involved in this outbrea...

Nov 17 2018

China says high-level trade talks with US have resumed

The Vice President said Mr Trump , who meets Mr Xi in Buenos Aires at a G20 meeting on November 30, is leaving the door open for a deal but only if Beijing commits to ...

Nov 16 2018

Amazon HQ Is Going to NYC and Arlington, Virginia

The New York City neighborhood hand-picked by Amazon to house one-half of its new headquarters qualifies as a federal " opportunity zone ", a classification created...

Nov 16 2018

Amazon’s NYC headquarters in ‘opportunity zone’ eligible for GOP tax breaks

By choosing the NY and Washington areas, Amazon has inadvertently thrown a spotlight on the gulf between a small group of thriving but high-cost US cities and the res...

Nov 16 2018

Oil sinks 7% into bear market on oversupply fears

What are countries doing to help raise oil prices? Prices dropped as much as 7% on Tuesday after US President Donald Trump again pushed back against Saudi Arab...

Nov 15 2018

Oil down 2 percent after Trump urges OPEC not to cut supply

Saudi Arabia signaled it will reduce oil exports by as much as half a million barrels a day in December, the first tangible sign that OPEC is starting to trim output a...

Nov 15 2018

Fears of peak iPhone sales rattle Asian Apple suppliers

South Korean electronic parts suppliers Samsung Electro-Mechanics Co Ltd, Apple's supplier of multi-layer ceramic capacitors, dropped more than 5 percent, while LG Inno...

Nov 14 2018

U.S. FAA launches high-priority probe of Boeing's safety analyses

It wasn't in our books. "We don't like that we weren't notified", Jon Weaks, president of the Southwest Airlines Pilots Association said, according to a report in the ...

Nov 14 2018

Oil falls after Trump calls on OPEC not to cut supply

OPEC leaders made clear Trump's social media posts were the impetus for the production changes, which kept oil prices low ahead of both the midterm elections and Trump's ...

Nov 14 2018

Britain and EU Agree on a Brexit plan

David Lammy called on cabinet ministers to "put their country before their jobs and support a People's Vote" when they were called in to see Theresa May . The DUP look ...

Nov 14 2018

Oil gains after Saudi paves the way for an output cut

I think those reports are going to be even weaker because they will have to adjust for the increase in us production." . The producers are considering a range of cutb...

Nov 14 2018

Falih: Saudi Arabia to cut December oil output by 500000 bpd

Saudi Arabia's energy minister Khalid al-Falih seemed to have stopped the bleeding in the markets on Monday, saying the oil cartel OPEC and its allies agree there's a...

Nov 13 2018

Crude oil futures pop higher as Saudi Arabia vows to cut production

OPEC leaders made clear Trump's social media posts were the impetus for the production changes, which kept oil prices low ahead of both the midterm elections and Trump'...

Nov 13 2018

OPEC Countries Thinking of Cutting Oil Production

Saudi Arabia , a key U.S. ally, had earlier pledged to bump up production to compensate for the impending blacklisting of Iranian crude. Global benchmark Brent crude ...

Nov 12 2018

In 5 minutes of online sale, Alibaba rakes in $3 billion

Alibaba Group Founder and Executive Chairman, China's Jack Ma speaks during a panel session on the second day of the World Economic Forum, on January 18, 2017 in Davos...

Nov 11 2018

Walmart will offer Black Friday deals earlier this year

Best Buy will open doors on Thanksgiving Day starting at 5:00 PM -1:00 AM. Online, Walmart will be rolling out Black Friday deals at 10 p.m. ET on November 21, earli...

Nov 10 2018

Passengers create stink over pungent planeload of durian

An Indonesian commercial airplane loaded with a 2-ton shipment of durian was delayed when passengers complained of the smell and successfully lobbied the airline to...

Nov 10 2018

Google bends to protestors' demands after sexual harassment 'walkout'

Google will also provide more details about sexual misconduct cases in internal reports available to all employees. Google chief executive Sundar Pichai said in an inte...