Stories about Markets

Aug 18 2018

SEC ramps up its investigation into Elon Musk's Tesla privatization plans

The Twitter post by Musk, who has considered taking Tesla private in the past, was something of a flip remark, said several people familiar with the matter but not auth...

Aug 17 2018

Chinese official to visit United States to resume talks to end trade war

Chinese Vice Premier Liu He held talks with US Commerce Minister Wilbur Ross in Beijing in June. Traders are also saying that short sellers are paring positions in ...

Aug 17 2018

USA official warns of more actions against Turkey if pastor not freed

However, the currency market's reaction to his conference call - in which he also said Turkey had no plans to seek help from the International Monetary Fund or impose...

Aug 17 2018

Italy says death toll will mount in Genoa bridge collapse

Rescuers continued to search through tons of concrete slabs and steel for survivors or bodies. Helicopter footage on social media showed trucks and cars stranded on eit...

Aug 17 2018

White House Apologizes for ‘Mistake’ on Black Employment Numbers Under Obama

Rumours of the recording have resurfaced after former White House aide Omarosa Manigault-Newman released her tell-all book about life inside the Trump administration...

Aug 17 2018

China blamed as Tencent stuns with first profit drop in 13 years

The article, which was titled, "Why Facebook and Google's China Dream Will Cost More than It Pays", warned that tech companies would be directly controlled by the Chi...

Aug 15 2018

Turkish leader talks big, but can be pragmatic in crises

US President Donald Trump said Friday he had doubled steel and aluminium tariffs on Turkey , which pushed the Turkish lira to new historic lows against the dollar. dol...

Aug 15 2018

Economic turbulence hits crude oil

The prospect of continued strength in the US dollar over the coming months should constitute an even greater concern to bullish oil traders than an escalating trade war...

Aug 15 2018

Turkey to boycott U.S. products including iPhone, says Erdogan

He did not say when the boycott would start or how it would be enforced. "You act on one side as a strategic partner but on the other you fire bullets into the foot of ...

Aug 15 2018

Elon Musk Confirms Saudis Will Pay for Taking Tesla Private

At about the same time he tweeted this, reports of the Saudi Arabian sovereign wealth fund taking an interest in the company, beyond just buying shares on the stock...

Aug 14 2018

Authorities say firefighter killed battling Northern California

A total of eight people have been killed in connection with the Carr Fire , including two firefighters and four civilians. "The significant challenge for the Ranch ...

Aug 14 2018

Rupee breaches 70/$ as investors turn jittery over Turkish currency turmoil

The rupee has been among the worst performing currencies against the dollar compared with its peers so far this year. The Turkish lira dived nearly 8 per cent Monday ...

Aug 14 2018

Markets rattled as Turkish lira dives

American pastor Andrew Brunson has been held since October 2016 on charges of terror and espionage, and if convicted, could face a jail term of 35 years. Erdogan has acc...

Aug 14 2018

U.S. jury orders Monsanto to pay cancer patient $290m

The World Health Organization's cancer arm in 2015 classified the main ingredient in Roundup , glyphosate, as " probably carcinogenic to humans ". DeWayne Johnson ,...

Aug 14 2018

Iran's Khamenei rejects Trump offer of talks, chides government over economy

Ayatollah Khamenei asked in reference to the USA withdrawal from the 2015 nuclear deal and restoration of sanctions against Iran. "I ban holding any talks with America"...

Aug 14 2018

Seattle Plane Stolen By Airport Worker Found Destroyed

I would like to apologize to each and every one of them. Port of Seattle Commissioner Courtney Gregoire said at a press conference that Russell had passed all neces...

Aug 14 2018

Erdogan says US turned its back on Turkey, upsetting Ankara

Washington in response sanctioned two Turkish ministers and Trump on Friday announced it was doubling the tariffs on steel and aluminium imports from Turkey , saying...

Aug 13 2018

Tech stocks extend recent gains, S&P 500 nears record high

The Nasdaq is up 935.72 points, or 13.6 per cent. At 12:41 p.m. ET, the Dow Jones Industrial Average was down 175.04 points, or 0.69 percent , at 25,334.19, the S&P...

Aug 12 2018

Russian Federation warns Washington over new sanctions

Economists expect the Russian economy to grow by 1.8 per cent this year. On Wednesday, the State Department announced a new round of sanctions that pushed the rouble ...

Aug 12 2018

Russia: New US Sanctions a 'Declaration of Economic War'

Moscow's strategy of trying to improve battered U.S. -Russia ties by attempting to build bridges with President Donald Trump is backfiring after U.S. It was an allegatio...