Money

China's Liu confirms phase 1 of US trade deal is in progress

China is "willing to work together with the USA to address each other's core concerns on the basis of equality and mutual respect", Liu said , according to a r...


Stocks, sterling rise on long-awaited Brexit deal

While the prospects for the deal being voted through the United Kingdom parliament remain uncertain, one thing we can conclude is that the odds of a hard Brexit...


Qantas tests 19.5-hour non-stop flight from NY to Australia

This takes advantage of jet streams or to avoid storms and winds that could result in less fuel efficient flights. Qantas Airlines will operate a direct fli...


China's GDP growth slows to 6% in Q3, slowest since 1992

Retail sales growth declined to 8.2 percent over a year earlier in the first three quarters of 2019, down from the first half's 8.4 percent, the National Bureau...


Facebook’s Libra facing off ‘core’ regulatory challenges before launch

At the same time, we must protect consumers and state sovereignty. German Finance Minister Olaf Scholz on Friday redoubled his criticism of Facebook's plans...


PG&E deserved rebuke by Newsom, state regulator over mass power outage

PG&E has refused to trim the trees near power lines. He covers the California Legislature and reports on wildfires and transportation. A January 17 op-ed in Tru...


Johnson & Johnson recalls baby powder over asbestos concerns

Numerous suits are ongoing, but have already cost the company many billions of dollars. "Had J&J acted responsibly and removed Johnson's Baby Powder from the ...


Saudi Aramco delays IPO

But a Reuters' source said the IPO will likely be postponed to 2020. Yet another FT report , from Thursday, also citing sources in the know, said the listing ...


Netflix shares jump as subscribers grow

It wasn't a shock, however, as Dan Salmon, BMO Capital Markets managing director of USA internet and media equity research, says there has been a decline in sub...


Juul to stop selling several flavored vaping products

There have been 1,479 lung injury cases linked with the use of e-cigarettes or vaping, as of October 15, according to the latest data by the Centers for Disea...


Trump says US-China trade mini-deal being 'papered'

China appealed to Washington for a quick end to their trade war but gave no indication Thursday what additional steps Beijing might want before carrying out wha...


Netflix growth improves as streaming war looms

It wasn't a shock, however, as Dan Salmon, BMO Capital Markets managing director of U.S. internet and media equity research, says there has been a decline in s...


Mastercard and Visa drop support for Facebook Libra

Other board members include Katie Haun, a general partner with Andreessen Horowitz, Wences Cesares, CEO of Xapo, Patrick Ellis, general counsel at PayU, and Mat...


Volvo Unveils the XC40 Recharge, its First Fully-Electric SUV

Competition is heating up in the electric vehicle space. Volvo introduces new " Recharge " sub-brand for electric cars . Volvo is resorting to an unusu...


Pence Announces Turkey Has Agreed to Syria Ceasefire

That could be proof there was no Trumpian green light. Trump says Turkish President Erdogan had been building up troops on the border with Syria for a long ...


GM reaches 'tentative' deal with striking UAW workers

In Parma, UAW members braced against rain and strong winds Wednesday, signs held in gloved hands, as they waved at vehicles - and even RTA buses - whose drivers...


How Does Stack Up Right Now?: Aurora Cannabis Inc, (NYSE: ACB)

On 14-10-2019 ( Monday ), ACB stock construct a change of -4.62 in a total of its share price and finished its trading at 3.51. For example, Canopy Growth (...


Britain, European Union reach Brexit deal; PM Johnson seeks backing at home

Disagreements centre on a future trade deal and the rejection by Northern Ireland's Democratic Unionist Party of customs solutions tentatively agreed by negotia...


Volvo XC40 Recharge EV revealed

Charging is available through an 11kW AC charger or a 150kW DC fast-charger, which the firm says can deliver an 80 percent charge in 40min. Built on the same ...


General Motors and United Auto Workers union reach tentative deal

President Donald Trump and potential Democratic rivals in the 2020 presidential election. He said the union would not release details of the agreement until a...


Turkey's Erdogan re-evaluating upcoming USA visit amid invasion of Syria

He noted that Syria was getting "some help with Russian Federation and that's fine". The current withdrawal is the worst decision of Trump's presidency, said...


Harley-Davidson Suspends LiveWire Production Harley suspends Livewire

Harley-Davidson has halted production of its first electric motorbike after finding a glitch in its charging system. A report says that Milwaukee's world-re...


Turkey-Syria offensive: Erdogan rejects USA ceasefire call

Under the agreement, troops loyal to the Assad government and backed by Russian forces are to secure the border with Turkey , allowing Damascus to regain contr...


'No difference' between USA and China on trade deal, officials insist

A decade later, the "new normal" could be shaping up to be indefinite, hefty U.S tariffs on the majority of Chinese imports and substantial Chinese tariffs on m...


Another Big Name Pulls Out of Libra, Will Facebook’s "Crypto" Even Launch?

Visa, Mastercard, Stripe, eBay, PayPal and Mercado Pago were the six firms that dropped out ahead of Monday's meeting. A spokeswoman for the Libra Associa...


UAW raises strike pay for General Motors workers

GM has confirmed that it has received the offer, and it is under review. Strikers have been largely supportive of the union's tough negotiating tactics result...


The Porsche Taycan has now dipped under £100k

The Performance Battery Plus option, however, has the two-layer, 93.4-kWh battery from the Taycan Turbo and Turbo S , delivering 482 hp (563 hp on overboost) a...


Inventor quits race to make electric cars

The two-storey facility that Dyson had announced in October 2018 to be used for the manufacture of its electric cars will be used for the making of other pr...


Fed's Kaplan: Trade deal could be positive, open mind on rates

The purchases, which will begin October 15, respond to recent disruptions in short-term money markets that pushed the target federal funds rate to the top o...


Unemployment rate down after country adds 54000 jobs in September

The report also said 70,000 of the new jobs were full-time, as the number of part-time workers declined. This, coupled with a jump in the participation rate f...