Money

Pres. Trump: We Won't Pay For Pastor's Release Because He's Innocent

Investors said Albayrak's conference call would test whether Turkey can persuade markets that its monetary policy is not hostage to political influence. "Th...


Lira rallies after Turkey raises tariffs on U.S. imports

Doubts about Turkey's future intensified as relations with the United States, a longtime North Atlantic Treaty Organisation ally, soured. "We got somebody o...


White House says Turkish sanctions 'regrettable'

Erdogan accused the United States of conspiring against Turkey and said that the slide in its currency doesn't make any sense logically. MSCI's emerging m...


Turkish President Calls for Boycott of U.S. Electronics

Turkey doubled tariffs on some USA imports including alcohol, cars and tobacco on Wednesday in retaliation for US moves, but the lira rallied further after th...


Rupee falling not a worry, says government

There is "nothing at this stage to worry". The rupee crashed to record low of 70.09 during the day on global concerns over Turkey's economic woes which have...


Markets rattled as Turkish lira dives to record lows

On Monday , the central bank announced a series of measures to "provide all the liquidity the banks need" - but offered no hint of a rate increase. Angered by...


Musk says he's talking with Saudi fund to take Tesla private

While explaining the logic of taking Tesla private, Musk had stated in a blog post: "As the most shorted stock in the history of the stock market, being...


Energy executives lament Trump tariffs as costs rise on pipeline projects

Relations between Ankara and Washington have sunk to their lowest point in decades over a number of issues, including the detention of American pastor Andrew B...


Will oil prices hit peak again?

The absence of China , the largest buyer of US crude after Canada, is likely to partly weigh on USA spot crude prices, making them more affordable for other bu...


Here's why Elon Musk wants Tesla to go private

Bloomberg's Selina Wang and Giles Turner reported that Musk and Son failed to reach an agreement over the structure of the company, citing sources. Tesla ha...


China reveals plan to tax $60 bn worth American goods

But Chinese officials have suggested in recent weeks that if the United States proceeds with tariffs on a very wide range of Chinese goods, then Beijing may...


China's July exports rise more than expected despite US tariffs

For instance, the major complaint is about the theft of U.S. intellectual property by Chinese firms. China's commerce ministry has announced that it will st...


Dead fetus found on plane at LaGuardia Airport

But at around 6 a.m. Tuesday morning, the cleaning crew found the fetus hidden inside the toilet under sheets of toilet paper. That was her only answer to any q...


Conor McGregor's Lawyer Hints At Date And Location For Khabib Fight

Conor McGregor has confirmed his return to the UFC with a fight against hated rival Khabib Nurmagomedov . Nurmagomedov's last fight was held on April 7, d...


Oil prices decline amid rising output

South Korea's imports of US crude jumped more than fourfold to 14.1 million barrels in the first half of the year from a year ago, according to data from state-...


China warns of retaliation if USA takes more trade steps

Conflicting signs over the state of U.S. As tensions escalate, the dynamics are changing. "If we're going to use tariffs, this gives us more flexibility a...


OH offers sales tax holiday this weekend

You can find a list of qualifying items and more details on Tax-Free Weekend in Texas on the Comptroller's website . The objective of the bill was to help pa...


Chipotle Shuts Down Ohio Restaurant After Reports Of Illness Outbreak

More than 100 people said they had fallen sick after eating at a Chipotle Mexican Grill Inc ( CMG .N) restaurant in OH, sending shares of the burrito chai...


Trump says he would 'certainly meet' Iranian president

Speaking during a joint news conference with Italy's premier, Trump said he would meet with the Iranians " anytime they want to ". " I'll meet with anybody ",...


Apple becomes 1st private company worth $1 trillion

By a year ago, its sales had grown more than 11-fold to US$229 billion - the fourth highest in the S&P 500 - and net income had mushroomed at twice that rate to...


Mark Zuckerberg just lost almost $16 billion in one day

If the losses hold without any recovery in price, this will mean that Facebook will hold the record for the largest single-day drop of any company in stock ma...


Handouts to United States farmers

The U.S. Chamber of Commerce estimates those farmers will lose an estimated $12 billion from trade with China alone. "If tariffs punish farmers, the answer is n...


Backing off auto tariffs, US and European Union agree to more talks

U.S. Rep. Frank Lucas, a Cheyenne Republican who represents Oklahoma's agriculture-reliant western half, says President Donald Trump was right to compensate t...


Trump plans emergency aid to farmers affected by his tariffs

This caused the price of sorghum to drop significantly, and forced ships full of sorghum heading to China to change course. - The government announced a $12 b...


US Challenges Retaliatory Tariffs Imposed By 5 WTO Members

The latest action comes on top of the U.S. The following week, the US released a list of Chinese goods with an annual trade value of about $200 billion that may...


USA oil inventories increase in week ending July 13

West Texas Intermediate ( WTI) crude futures declined 7 cents, or 0.1 per cent, to $68.69. Brent oil fell 78 cents to $72.12 per barrel by 1:04 p.m. As pe...


Comcast May Have Given Up On Fox

Under its plans to appease Government concerns, Fox has pledged to offload Sky News to Walt Disney , which is separately bidding to buy a major chunk of Fox as...


China says it is 'shocked' by United States actions in trade dispute

There is no justification for such action. President Donald Trump has threatened to tax as much as $US550 billion in Chinese products - an amount that exceeds...


Thailand cave rescue: Boys 'can walk but can't dive yet'

On Thursday, a former Thai Navy SEAL fell unconscious while swimming through the cave and could not be revived. And as concern is mounting, a beacon of ho...


Brent crude firms on drop in US oil inventories, Iran threat

On the US's official day of independence (July 4), the President repeated a threat that OPEC nations should lower their oil prices in return for the secur...