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PM's pre-election shuffle eyes border, trade and bruising provincial relations

PM's pre-election shuffle eyes border, trade and bruising provincial relations

Promoting Liberal MPs in Quebec may well be a consideration when Trudeau announces his changes. "MAC looks forward to working with Minister Sohi towards the finalization and launch of this pan-Canad...

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Fiat says Marchionne's health worsens, names Jeep boss as CEO

Fiat says Marchionne's health worsens, names Jeep boss as CEO

Ferrari separately named board member Louis C. Camilleri, who is non-executive chairman and former CEO of Philip Morris International Inc., to replace Marchionne as CEO at the race vehicle maker. "...

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Fed Chairman Jerome Powell Senate Testimony

Fed Chairman Jerome Powell Senate Testimony

Having said all that, Powell concluded that we live in a time of extraordinary technological change and regulators should be open to new ideas and innovations that will drive economic growth and...

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GST on more than 50 goods slashed; sanitary napkins exempt..

GST on more than 50 goods slashed; sanitary napkins exempt..

Apart from a 100 per cent waiver of GST on sanitary pads, the council has made a decision to nullify tax on raw materials such as stone, marble and wood, used by for making handicrafts like sculptures...

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AirAsia expands Airbus A330neo order

AirAsia expands Airbus A330neo order

Boeing and VietJet signed the provisional order for 100 Boeing 737 MAX airplanes worth nearly $13 billion at list prices at the Farnborough Airshow in southern England. Avolon is owned by HNA vehic...

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Larry Kudlow blames Xi Jinping for Trump tariff, China trade war

Larry Kudlow blames Xi Jinping for Trump tariff, China trade war

Mr Kudlow said on Wednesday that Mr Xi was "holding the game up". In fact, while some think that the booming post-recession economy is on its last legs, Kudlow sees the good times rolling for seve...

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Trump threatens tariffs on all $500 bil of Chinese imports

Trump said that raising American interest rates makes investment in China comparatively attractive, because China manipulates its currency by artificially devaluing it. Jerome Powell , chairperson of...

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Trump threatens tariffs on all $500B of Chinese imports

Trump threatens tariffs on all $500B of Chinese imports

In a Friday tweet the president laments rising US interest rates, a day after he cast aside concerns about the Federal Reserve's independence to say he was unhappy with the central bank's recent act...

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Microsoft's Cloud Proves It's Worth the Big Price

Microsoft's Cloud Proves It's Worth the Big Price

Without the charge, yearly income was up 17 percent to $35.1 billion. Net income was $8.9bn, up 10 per cent from $8.0bn in the year-ago quarter. Earnings per share (EPS) of $0.913. Intelligent Clo...

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Trump threatens putting tariffs on all imports from China

Hoping to keep a lid on inflation as the world's largest economy gathers pace, the Fed has raised its benchmark lending rate seven times since 2015 and expects two more rate hikes this year. "Like...

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AirAsia is world's best low-cost airline for 10th straight year

AirAsia is world's best low-cost airline for 10th straight year

The reigning champion also received the ranking in 2004, 2007 and 2008. GettyBest airline in the world: Which airlines came out on top this year? "The World Airline Awards are based on direct fe...

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Oil prices fall on record USA output, stock build

Oil prices fall on record USA output, stock build

A Russian oil company has signed an agreement with Iran worth US$4 billion, and that deal "will be implemented soon". The market will right itself once it realises that there will not be a shortfall i...

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Donald Trump lambasts European Union over $5.1bn fine for Google

Donald Trump lambasts European Union over $5.1bn fine for Google

In this way, it has cemented the dominance of its search engine. Required manufacturers to pre-install the Google Search app and browser app (Chrome), as a condition for licensing Google's app store...

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May narrowly avoids Brexit defeat again as MPs reject EU customs union

May narrowly avoids Brexit defeat again as MPs reject EU customs union

But he insisted: "It is not too late to save Brexit". " Today I want us to build on that, and ensure not only that we retain our prominence, but that in an increasingly competitive industry we make...

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Static inflation puts August rate rise in doubt

Static inflation puts August rate rise in doubt

Howard Archer, chief economic adviser to the EY ITEM Club think-tank, said: "While [the inflation] release is unlikely to prevent the MPC from hiking interest rates in August, it does further undermin...

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Blue Origin test flight simulates space launch emergency

The entire mission lasted 11 minutes and 17 seconds. After launch, the reusable New Shepard booster will climb to an altitude of 62 miles (100 kilometers), the internationally-approved boundary of s...

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European Union strikes free trade deal with Japan amid rising USA protectionism

European Union strikes free trade deal with Japan amid rising USA protectionism

The European Union and Japan are signing the single market's biggest trade deal ever and present a united front as Washington upends the worldwide trade order. The Japan-EU trade deal is also a sign...

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Papa John's Board Kicks Founder Out of His Office

Papa John's Board Kicks Founder Out of His Office

Schnatter says the board requested that he step down as chairman without "any investigation" and he should not have complied, according to a letter his representative says was sent to the board Satu...

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Netflix plunges 14% after it misses expectations on revenue and subscriber additions

Netflix added 670,000 subscribers in the United States, well below analysts' estimates of 1.19 million, according to Thomson Reuters I/B/E/S. Netflix Inc. That compares with consensus estimates for...

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Trump hits back at Canada for retaliating against tariffs with WTO complaint

Trump hits back at Canada for retaliating against tariffs with WTO complaint

The Modern Classic Hotel in the city of Shenzhen, in the southern Guangdong province, has displayed a sign warning its American guests that they will incur an additional 25 per cent "tax" on their bil...

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