Money

China to Buy $52 Billion of Additional U.S. Energy Products

It didn't provide additional details on the energy purchases, which comprise about a quarter of the $200 billion total of extra imports that China has committed...


Morgan Stanley (NYSE:MS) Releases Earnings Results, Beats Estimates By $0.22 EPS

The firm had revenue of $6.30 billion for the quarter, compared to analyst estimates of $6.48 billion. Morgan Stanley's applicable net income for 2019 was...


China's birthrate hits lowest level since country was founded in 1949

China's National Bureau of Statistics says the economy expanded 6.1 percent in 2019. That's the lowest rate for the world's second-largest economy since 1990, f...


Israel starts pumping natural gas to neighboring Egypt

Delek Drilling, a partner in the country's two largest reservoirs, climbed 2.4%. Israeli Energy Minister Yuval Steinitz said that the Sinai Peninsula has ...


Alphabet becomes fourth USA company to hit $1 trillion-mark

While Alphabet achieves nearly the entirety of its revenue from its Google subsidiary, Google Cloud is less a factor on the larger company's financials than the...


Flight to LA Returns to Newark After Fire

According the woman, United gave passengers on the flight snacks, meal vouchers and travel vouchers toward a future flight purchase with the airline. The airl...


China's 2019 property investment up 9.9% y-o-y, sales fall

December data released along with quarterly GDP showed a surprising acceleration in factory output and investment growth , while retail sales grew at a stead...


Bose is closing up shop in the US, Europe, Japan and Australia

Bose has retail locations at the Burlington Mall and Colonie Center in Albany, New York, as well as factory stores in Wrentham, Merrimack, New Hampshire and ...


Passenger says American Airlines employee stalked, harassed her

Ashley Barno filed the suit in San Diego Superior Court on January 6 against American Airlines and the employee, referred to as "John Doe", saying she doesn'...


Oyo Said to Lay Off 1,000 Employees in India Amid Profit Push

Over the past few months, OYO has "also successfully transitioned many of our colleagues into more meaningful roles within OYO by providing mentorship, trai...


2020 retail sales finish on an upswing

Enhance in user spending is anticipated to believe slowed to around or below a 2.5% fee in the fourth quarter. After December strength made up for a shaky Nov...


Coastal GasLink makes new request to meet with First Nation pipeline opponents

Also on Wednesday, Wet'suwet'en hereditary chief Dsahayl asked Coastal GasLink workers near Parrot Lake Village to leave the area (they complied) and the B.C. L...


Amazon not doing India a favour by investing $1 billion: Piyush Goyal

Bezos, who is now in India, said on Wednesday that Amazon would invest $1 billion to bring small businesses online in the country, seen as part of the company's...


Wells Fargo Bruised by Declining Profits

The company had revenue of $22.01 billion for the quarter, compared to the consensus estimate of $21.32 billion. Wells Fargo , the fourth-largest US lender b...


Elon Musk wants to design a 'Chinese-style' Tesla

Another payment will come if the market value reaches US$150 billion, and again at every further US$50 billion up to US$650 billion, if additional financial tar...


Google Begins Rolling Out New Clothing Shopping Feature on Search

The box recognizes only standard UPC-type codes used by manufacturers. The service works with point-of-sale systems from new operators such as Clover and Squa...


USA stocks hit records amid China trade pact optimism

The pact eases some sanctions against China. The centrepiece of the truce is a pledge by China to purchase at least an additional $200 billion worth of USA fa...


What's in the US-China Phase One trade deal

The U.S., in return, will reduce tariffs on some products made in China while keeping duties on $375 billion worth of Chinese goods. That unusual feature sugg...


Hong Kong pledges $1.3 billion in economic relief amid unrest

To avoid a global backlash against surveillance, internet censorship and oppression at home, Beijing is trying to undermine worldwide institutions created to pr...


Stocks cling to tiny gains

The index had been up as much as 0.2 percent earlier. The Nasdaq composite slid 22.60 points, or 0.2%, to 9,251.33. The Dow Jones Industrial Average r...


Amazon in India: Jeff Bezos announces $1bn Indian investment

Although traders are optimistic about the outcomes of the probe, they said they will continue building pressure on the government. He had previously met Modi at...


United Kingdom consumers banned from using credit cards to gamble

The ban will take effect on April 14 and comes after a lengthy period of review and public consultation undertaken by the commission between August and November...


Iran Plans To Sue Trump Over Soleimani Killing

So far, the administration has not provided a proven " imminent " threat from Soleimani to justify the strikes, frustrating lawmakers on both sides of the aisle...


Kathryn and James Murdoch Speak Out Against News Corp Climate Coverage

Mr Murdoch and his wife Kathryn , an NGO worker, issued a joint statement which accused Rupert Murdoch's news outlets of "ongoing denial" over the severity a...


Visa to pay $5.3bn to buy fintech startup Plaid

Visa, alongside rival card network Mastercard, joined a $250 million financing round in Plaid in September a year ago, that gave the company a $2.65 billion val...


Auto industry cautious as China starts 2020 with 2% sales decline forecast

Volkswagen AG, whose sport-utility vehicles have helped it to report a smaller 1.1% year-on-year fall in sales in the first 11 months of last year, has said it ...


JPMorgan Could Launch CME Bitcoin Options Soon

After announcing plans of launching Bitcoin options on futures in September 2019, CME Group has opened its options market for investors and traders. "...


William Hill Annual Profit To Be Ahead Of Expectations As CFO Leaves

Mr Bengtsson, who was formerly William Hill's chief digital officer, is keen to expand the group's overseas business, particularly in the US. The company sa...


Nissan working on 'plan B' in case of split from Renault

This has reportedly accelerated since Ghosn fled charges of financial misconduct in Japan late a year ago. A split would likely result in both makers forgin...


Mnuchin: US Works With China To Cut Off All Iranian Oil Imports

Oil prices fell about 1% as Middle East tensions eased and investors turned their focus to lackluster seasonal demand following last week's bearish US report sh...