Money

Trudeau says he had advance notice of Huawei executive's arrest

China could "take hostages" and is nearly certain to retaliate against the United States, experts say, after the stunning arrest of a top Chinese tech execut...


Huawei CFO arrested in Canada for reportedly violating United States sanctions against Iran

Huawei , in a statement, said the arrest was made on behalf of the U.S.so Meng could be extradited to "face unspecified charges" in the Eastern District of NY. ...


Trump Holds out Possible Extension on 90-day China Trade Truce

Both the nature of the agreement and some of its detail were described quite differently by administration officials, with Trump's senior economic adviser, Larr...


AAR, NRF call on Congress to pass new North American trade agreement

Speaking to reporters aboard Air Force One while returning to Washington from Argentina, Trump said: "I will be formally terminating Nafta shortly". Republica...


Fed hints at higher rates despite Trump attack

In an interview with the Washington Post this week Trump said he was "not even a little bit happy" with his selection for Fed chair . In his speech to th...


China, US hail trade truce but key obstacles still remain

If the latest effort encounters the same roadblocks, Trump said he will proceed with his previous plan to raise tariffs on $200 billion in Chinese products to ...


Trump vs the world _ G-20 summit stumbles on trade, climate

Trump was typically coy on Friday even as he noted some positive signs. But despite the administration's public posturing, the USA economy has been showing ...


Was Post-Fed Chair Speech Rally a Market Overreaction?

The Fed held rates steady at its November meeting, and made no mention in its statement after that session about the sharp sell-off in equity markets in the wee...


Oil Price Sustains Gain As Brent Crude Rises To $59.36 Per Barrel

The 2014 market-share strategy, associated with Falih's predecessor as oil minister, Ali al-Naimi, is often characterised as a failure, though it did manage to ...


German police raid Deutsche Bank in 'Panama Papers' graft probe

The Panama Papers refer to a collection of documents leaked in 2016 from Mossack Fonseca , a Panama-based law firm that created shell companies to facilitate t...


Microsoft has caught up to Apple in market valuation

In after-hours trading , Microsoft shares fell 0.35 percent to $106.10, corresponding its market capitalization to Apple at $814 billion. While Microsoft d...


Apple facing 10% increase in products price ahead of US-China summit

FBN's Kristina Partsinevelos on the state of the markets. If Trump decides to impose additional tariffs, the hiked taxes would apply to a total of over $517 bil...


General Motors Is Axing Five Factories And Six Models Permanently

General Motors Chairman and CEO Mary Barra speaks at GM's press conference at the North American International Auto Show in Detroit , Jan. 16, 2018. auto ind...


General Motors to slash 14,700 jobs in United States and Canada

The Lordstown plant became a target in the restructuring as its lone product, the Chevy Cruze sedan variant, has faced drastically plummeting sales over the l...


Comments of some leaders, European Union officials, on outcome of special Brexit summit

Spain was standing between Theresa May and a Brexit deal as it threatened to derail an European Union summit on Sunday if it does not get new assurances on h...


Range Rover’s Compact Evoke SUV Gets a Makeover (With Eco-Friendly Options)

The all-new Range Rover Evoque more than the three-door model is not in the program; the demand of the emphatically sporty Version was just too small. It will...


Consumer Reports’ top 5 Black Friday shopping tips

Which? analysed deals at Amazon , Currys PC World , Argos and John Lewis , monitoring the prices of almost 100 popular products on offer from six months be...


Oil recovers some losses after 6-percent plunge, but market on edge

The contract fell as much as 7.7 per cent during the session to touch US$52.77 a barrel, the lowest since October 2017. Fund managers cut their bullish exposu...


Bitcoin falls below $5000 for first time since 2017

Since last week the market has shed 23% from total capitalisation - a staggering $50 billion (£39bn) - to around $163bn (£126bn). Investors can then use their n...


Leader of Japanese-French Car Alliance Arrested

News agency Kyodo reports that Ghosn is suspected of understating income by 5 billion yen over five years , or about AU$62 million. Japanese media are re...


Best Black Friday Deals on Amazon Echo Devices

Police officers in Philadelphia, USA, first used the term "Black Friday" in the 1950s, when large crowds of tourists and shoppers came to the city the day after...


Camp Fire Death Toll Grows to 63, More Than 600 Still Missing

Thousands of additional structures were still threatened by the blaze. Most of the town - almost 12,000 homes and buildings - has been destroyed, and an army ...


Ming-Chi Kuo cuts iPhone XR sales expectations by 30-35 percent

Longbow Research has apparently conducted a check of Apple's iPhone supply chain and concludes that Apple is cutting its orders by 20% to 30% for the iPh...


Saudi urges to cut oil production to 1 million barrels per day

Trump's comment followed remarks from Saudi Arabia's energy minister saying OPEC was considering cutting supply next year, citing softening demand. Oil prod...


Oil prices fall amid supplied market, Iran sanction exemptions

Benchmark U.S. crude oil fell 1.6 percent to $60.67 a barrel in NY. Oil prices slipped on Wednesday, continuing a recent slide after surging USA crude outpu...


Virginia officials were briefed on idea that Amazon may split up HQ2

One will be the Crystal City area of Arlington, in Northern Virginia, two people said . "These large companies are really getting constrained where people wh...


Amazon offers free shipping for everyone through the holidays

As GeekWire points out, Amazon's free shipping offer doesn't guarantee two-day shipping. Amazon's move follows similar announcements from Walmart and ...


Trump, Obama tout clashing visions of United States as elections near

Trump's shadow has hung over the midterm elections that will determine the future of his presidency, with the monthslong fight serving as a testing ground for...


Lowe's shutting down two RONA store in northern Ontario, plus a Lowe's

Lowe's said it has nearly 2,300 stores across North America. Lowe's CEO Marvin Ellison said in a statement Monday that the company is "making every effort to ...


Apple Will No Longer Report Hardware Sales Figures

The move announced on Thursday to stop reporting unit sales data for iPhones, iPad and Mac computer products was widely criticized, with some arguing it mea...