Money

Donald Trump Threatens To Impose Tariffs On All Imports From China

Members of the public had until Thursday to comment on the administration's plan to slap tariffs on US$200 billion of Chinese goods, ranging from bicycles and baseball gloves to digital cameras, pavin...

by · Money
Mercedes-Benz EQC Signals a German Onslaught Against Tesla

Mercedes-Benz EQC Signals a German Onslaught Against Tesla

It's bad. It's really bad. The EQC 400 looks muscular and contemporary with a coupe-like silhouette, similar to the GLC SUV . He added, "Electric drive is a major component in the mobility of the f...

by · Money
South Africa slips into recession

South Africa slips into recession

Boosting business and consumer confidence remains a major key if SA is to break out of the "low growth trap" into which the recession has now pushed it", he wrote. Mining output grew by 4.9 percent an...

by · Money
JD.com Founder Richard Liu Has Been Accused of Rape, Report Says

JD.com Founder Richard Liu Has Been Accused of Rape, Report Says

Chinese billionaire Richard Liu Qiangdong was arrested on a rape accusation, a first-degree felony if the founder of e-commerce giant JD.com is charged with the crime, according to police records. "Th...

by · Money

McDonalds poster prank goes viral

Twenty-one-year-old Jehv Maravilla and his friend Christian Toledo hung the poster at one of the fast food chain's branches in Texas . "I look up and I see a blank wall and I tell Christian, 'Hey, ...

by · Money
Oil prices higher as U.S. sanctions limit Iran exports

Oil prices higher as U.S. sanctions limit Iran exports

Speaking to CNBC, energy expert John Kilduff said the price of oil could rise to $95 per barrel in just a few months, spurred by incoming Iran oil sanctions, amid an already tight production b...

by · Money
Progressive Defeats Longtime Dem House Incumbent In Boston

Progressive Defeats Longtime Dem House Incumbent In Boston

Pressley's win echoes the June primary in a safely Democratic New York City congressional district where first-time candidate Alexandria Ocasio-Cortez beat a 10-term incumbent, sparking enthusiasm f...

by · Money
Amazon becomes second United States company to reach $1 trillion market value

Amazon becomes second United States company to reach $1 trillion market value

Amazon is now not only synonymous with online shopping , but is also opening physical stores, owns the Whole Foods grocery franchise and runs a massively lucrative cloud-services business. Some fear ...

by · Money
Amazon becomes world's second $1tn company

Amazon becomes world's second $1tn company

Amazon and Apple are both worth about US$1 trillion. Amazon has become the second USA public company to cross the $1 trillion valuation threshold this year. Shares of Amazon's stock rose 1.9 per...

by · Money
Fuel prices to remain unchanged: Radebe

Fuel prices to remain unchanged: Radebe

Last time petrol prices touched an all-time high on May 29, 2018 at Rs 78.43 per litre and Rs 81.06 per litre, Rs 86.24 and Rs 81.43 in Delhi, Kolkata, Mumbai and Chennai, respectively. Officials sa...

by · Money
India's GDP Grew 8.2% in the Last Quarter

India's GDP Grew 8.2% in the Last Quarter

Reports are expecting the GDP growth to be 7.6 per cent. Friday's GDP data will mark the first quarterly report of the current financial year which began on April 1, 2018. Shashank Mendiratta, an...

by · Money
Argentina hikes interest rate to 60 percent; peso plunges

Argentina hikes interest rate to 60 percent; peso plunges

The Argentine currency fell again Wednesday to close at an all-time low of 34.2 pesos per USA dollar . Argentina's currency, the peso, followed a rough day of trading with a still more awful drop w...

by · Money
Trump threatens to withdraw US from World Trade Organization

Trump threatens to withdraw US from World Trade Organization

Mr Trump said this in an interview with Bloomberg News that if the organization don't shape up, he would withdraw from it. "And I think what he said yesterday is consistent with what they have exp...

by · Money
Canada's Freeland sits down with United States negotiators for tough NAFTA talks

Canada's Freeland sits down with United States negotiators for tough NAFTA talks

Two of Donald Trump's top lieutenants turned up the heat on Canada to open up the protected sector that the USA president has repeatedly attacked. The Washington Post reported Tuesday that t...

by · Money
Beyer Rips Trump's Federal Pay Freeze

Beyer Rips Trump's Federal Pay Freeze

Trump wrote . The president made the announcement in a letter to the Senate and House. However, in the budget plan he released earlier this year, setting spending priorities for the coming year, Tr...

by · Money
Coca-Cola buys Costa Coffee from Whitbread for £3.9bn

Coca-Cola buys Costa Coffee from Whitbread for £3.9bn

Costa is already the biggest coffee chain in the United Kingdom, and under Coca-Cola's reign, it could be set to get even bigger. The two companies said on Friday that Coke, one of the biggest soft ...

by · Money
Tesla Model S Goes Airborne After Driver Overspeeds

Tesla Model S Goes Airborne After Driver Overspeeds

Police discovered that the driver of the vehicle had been traveling at a high rate of speed when the auto reached a steep incline leading up to railway tracks. A 46-year-old Tesla driver faces a unsaf...

by · Money
Facebook takes fight to YouTube with global launch of Watch service

Facebook takes fight to YouTube with global launch of Watch service

It's been a year since Facebook started rolling out its Watch platform and the time has come to take it global. "The amount we're investing in this obviously is going to scale with the size of ...

by · Money
Vodafone Australia and TPG announce $15bn merger

Vodafone Australia and TPG announce $15bn merger

The companies have confirmed to the ASX they plan an all-scrip merger of equals. Vodafone Hutchison Australia and TPG have agreed to a "merger of equals" the companies announced this morning. Teoh...

by · Money
Turns Out That ‘Pedo’ Diver’s Lawyer Did Contact Elon Musk

Turns Out That ‘Pedo’ Diver’s Lawyer Did Contact Elon Musk

At one point, Musk even noted that "You don't think it's unusual he hasn't sued me?" That emerged after Musk wondered why he's been spared legal action. On August 7, Musk declared Tesla had secured ...

by · Money