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Turkey’s markets panic as Erdogan appoints son-in-law as finance minister

Turkey’s markets panic as Erdogan appoints son-in-law as finance minister

Launching the executive presidency which he campaigned hard to secure, Erdogan will also name a streamlined cabinet he says will push for growth to make Turkey one of the world's biggest economies...

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Fox kicks off Comcast bidding war with £24.5bn Sky bid

Fox kicks off Comcast bidding war with £24.5bn Sky bid

After setting off a bidding war with Disney last month, Comcast may be backing down in the battle over 21st Century Fox . This values the European pay-TV group at $32.5B, trumping Comcast's earli...

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Latest US-China trade spat hits US stocks

Latest US-China trade spat hits US stocks

While earlier tariffs were expected to have only a limited impact, economists warn a full-blow trade war could derail the strongest economic upswing in years. The move comes only days after the USA ...

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Turkey to Be Transformed as Erdogan Sworn in With Vastly Expanded Powers

Turkey to Be Transformed as Erdogan Sworn in With Vastly Expanded Powers

Erdogan´s supporters see the changes as just reward for a leader who has put Islamic values at the core of public life, championed the pious working classes and overseen years of strong economic grow...

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Chinese PM says a trade war benefits no-one

Chinese PM says a trade war benefits no-one

The New York Times reported that China's list included soybeans, a major North Dakota export. In this July 4, 2018, photo, a robot from Chinese search company Baidu welcomes visitors to a develo...

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Iran Warns India Against Oil Imports From US and Saudi Arabia

Iran Warns India Against Oil Imports From US and Saudi Arabia

Trump's order to oil producing countries to raise output "is very insulting to the people of these countries and would undermine their national sovereignty and destabilize the oil market", he said. cr...

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Trump administration announces $US200 billion in extra China tariffs

Trump administration announces $US200 billion in extra China tariffs

The administration released a wide-ranging list of Chinese goods it proposes be hit with tariffs, including hundreds of food products as well as tobacco, coal, chemicals and tires, dog and cat food, a...

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Eurosceptic British ministers quit in blow to May's plan — BREXIT

Eurosceptic British ministers quit in blow to May's plan — BREXIT

This phased arrangement would remove the need for customs checks and controls between Britain and the European Union, instead functioning "as if a combined customs territory". Please vote purple and y...

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Turkey swears in President Erdogan

Turkey swears in President Erdogan

Describing the monumental change as a "new beginning", he vowed at a later ceremony at his vast Ankara presidential palace to be the president of all 81 million Turks. But he's also overseen a stron...

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South Korea denies stopping Iran's oil imports

South Korea denies stopping Iran's oil imports

On Friday, western media reported that South Korea will not lift any Iranian crude and condensate in July, halting all shipments for the first time in six years amid USA pressure to cut all import...

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Soybean Farmers Stick with Trump Even in Face of Stiff China Tariff

Soybean Farmers Stick with Trump Even in Face of Stiff China Tariff

Hours before Washington's deadline for the tariffs to take effect, U.S. President Donald Trump upped the ante , warning that the United States may ultimately target over $500 billion worth of Chi...

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Starbucks to ditch plastic straws globally by 2020

Starbucks to ditch plastic straws globally by 2020

The new designs have drawn comparisons to an adult "sippy cup ". Starbucks said that it will begin using the strawless alternatives in Seattle and Vancouver stores by this fall, and expand to t...

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Britain's Brexit Secretary Abruptly Quits, Throwing Deal To Leave EU In Doubt

Britain's Brexit Secretary Abruptly Quits, Throwing Deal To Leave EU In Doubt

Conservative lawmakers also worry that leadership election so close to Brexit - due to take place on March 29, 2019 - would embolden Labour and increase pressure for another election which could delay...

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Thai Cave Rescue Underway

Thai Cave Rescue Underway

He said the boys rescued Sunday were strong and safe but needed to undergo medical checks. Narongsak, who is heading the operation, said earlier Sunday that 13 foreign and five Thai divers wer...

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ZTE Trying To Get On US Good Side With New CEO

ZTE Trying To Get On US Good Side With New CEO

ZTE, the Chinese smartphone maker that was banned from operating in the US this past April, may already be resuming its stateside operations. The statement confirmed a notice issued by BIS earlier t...

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Employment gains, job hunter influx clears way for rate hike

Employment gains, job hunter influx clears way for rate hike

Last month, President Trump broke with long-standing practice and tweeted about the jobs report prior to its official 8:30 a.m. release , prompting markets to move. What about tariffs? On Friday, ...

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US adds a solid 213,000 jobs; unemployment up to 4 pct

In spite of the tightening labor market, however, wage growth remains anemic. The increased participation combined with a lack of accelerating wage growth during June indicates a labor market that s...

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U.S. tariffs on Chinese imports take effect

U.S. tariffs on Chinese imports take effect

The Asian giant is already expected to cancel American soybean imports due to the 25% tariff on the legume and, according to Bloomberg , has already purchased 19 cargoes from Brazil. China's Premier ...

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Iran to Trump: Your tweets are driving up oil prices

Iran to Trump: Your tweets are driving up oil prices

REDUCE PRICING NOW!" he added . "The surprise build in total crude stocks gave market observers pause amid a slew of other factors influencing the oil market, including increasing geopolitical fact...

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Booming US jobs market lifts chance of rate rise

Booming US jobs market lifts chance of rate rise

The report also found that average hourly wage growth, which is closely watched by the Bank of Canada, remained strong last month at 3.6 per cent. The job growth shows the labour market shrugging ...

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