China to exempt 16 categories of United States products from tariffs

After months of an escalating tit-for-tat tariffs battle, the exemptions will cool tensions ahead of low-level discussions due to begin in the coming weeks. Both sides raised tariffs on each others' goods on September 1 in the trade war's latest es... More..

by | Published more than a month ago
Jeremy Corbyn draws battle lines for a future election in fiery speech
by | Wednesday, September 11, 2019

Jeremy Corbyn draws battle lines for a future election in fiery speech

After calling for a general election for two years, it is thought that the Labour leader would struggle to justify further votes against an early poll - particularly without the reason now being given, which is...More..

Google: 50 U.S. states and territories launch competition probe
by | Wednesday, September 11, 2019

Google: 50 U.S. states and territories launch competition probe

A group of 50 U.S. states have announced an investigation against Google's "potential monopolistic behaviour" and the Internet giant's dominance of the online advertising market. The latest probes come on top...More..

HK exchange makes £32B bid for LSE
by | Wednesday, September 11, 2019

HK exchange makes £32B bid for LSE

Shares in the London Stock Exchange (LSE) surged 10% higher after its Hong Kong rival revealed the cash-and-shares approach. The LSE, which agreed to snap up data provider Refinitiv in a $27 billion blockbu...More..

Alibaba founder Ma steps down as industry faces uncertainty:The Asahi Shimbun
by | Wednesday, September 11, 2019

Alibaba founder Ma steps down as industry faces uncertainty:The Asahi Shimbun

The e-commerce giant celebrated its 20th anniversary at the Hangzhou Olympics Sports Expo Center with 60,000 people attending, mostly employees who won their tickets through lucky draws. Costumed performers, ...More..

Twitterati explode with memes after Sitharaman blames millennials for auto industry slump
by | Wednesday, September 11, 2019

Twitterati explode with memes after Sitharaman blames millennials for auto industry slump

Finance Minister Nirmala Sitharaman , under fire due to the ongoing economic slowdown , on Tuesday, attributed the slowdown in auto sales to a host of reasons. Automobiles purchased till March 31 next year ...More..

Wendy's will introduce breakfast across the United States in 2020
by | Wednesday, September 11, 2019

Wendy's will introduce breakfast across the United States in 2020

A " honey butter chicken biscuit ", which can already be found in select stores, will also be added to the national menu. The company said it's planning on hiring about 20,000 new United States employees. In a ...More..

by | Wednesday, September 11, 2019

Corbyn attacks PM over 'reckless' no-deal Brexit

It is common that the approval of a new law takes several weeks and sometimes even months to pass or be denied, but this time MPs were fighting against the clock, since on August 28th - a week before the Parlia...More..

Tesla driver appears to be sleeping at the wheel on Massachusetts Turnpike
by | Wednesday, September 11, 2019

Tesla driver appears to be sleeping at the wheel on Massachusetts Turnpike

There is an increasing number of headlines of Tesla owners falling asleep behind the wheel, raising concerns that the advanced driver assistance built into Tesla cars lulls drivers to sleep, turning their c...More..

5 deaths and over 450 severe illnesses associated with e-cigarette use
by | Tuesday, September 10, 2019

5 deaths and over 450 severe illnesses associated with e-cigarette use

During the congressional hearing in July, two NY high school students testified that a Juul representative who gave a presentation on addiction at their school allegedly told them that the company's product ...More..

U.S. tech giants Google, Facebook to face another phase of antitrust probes
by | Tuesday, September 10, 2019

U.S. tech giants Google, Facebook to face another phase of antitrust probes

A key issue in the probe is whether Google abuses its market dominance in online search, advertising and mobile operating systems to unfairly gain leverage in other markets, stifling innovation and harmin...More..

Volkswagen unveils its first ID electric auto, and it's reasonably priced
by | Tuesday, September 10, 2019

Volkswagen unveils its first ID electric auto, and it's reasonably priced

It's by no means a secret. Not only will VW reveal the ID.3, the initially motor vehicle to be marketed beneath its new ID electric powered auto or truck sub-brand, but VW will also unveil a new brand. The co...More..

New EU chief names team for climate and global challenges
by | Tuesday, September 10, 2019

New EU chief names team for climate and global challenges

Czech Prime Minister Andrej Babiš pointed out that it was the first time the country had ever received a European Commission deputy president's post. The role of the trade portfolio carries significant clout ...More..

JP Morgan Creates
by | Tuesday, September 10, 2019

JP Morgan Creates "Volfefe Index" to Measure Market impact of Trump Tweets

Strategists at the lender produced the "Volfefe" index by measuring which Trump tweets activated huge actions in Treasury yields, a single of the world's most intently followed marketplaces and a single that ...More..

US Stocks Soar After Announcement of New Trade Talks With China
by | Friday, September 06, 2019

US Stocks Soar After Announcement of New Trade Talks With China

Commerce Minister Zhong Shan, People's Bank of China Governor Yi Gang and Ning Jizhe, the deputy head of the economic planning commission, were also on the call, according to the commerce ministry statement. Th...More..

Will Facebook hide the 'likes' number on posts?
by | Thursday, September 05, 2019

Will Facebook hide the 'likes' number on posts?

Facebook confirmed to TechCrunch that it is considering a trial which would see the number of likes a post gets hidden from the public. The feature isn't available to users yet, but according to Tech Cru...More..

China says trade talks with U.S. to take place in October
by | Thursday, September 05, 2019

China says trade talks with U.S. to take place in October

A spokesman for the US Trade Representative's office confirmed that Lighthizer and Mnuchin spoke with Liu and said they agreed to hold ministerial-level trade talks in Washington "in the coming weeks". "Both ...More..

Factories shrink for first time in 3 years amid trade war
by | Thursday, September 05, 2019

Factories shrink for first time in 3 years amid trade war

In August, the ISM U.S. manufacturing Purchasing Managers' Index had dipped to 49.1 percent. A measure of new orders fell by 3.6 percentage points, a sign that output may continue to decline. and China] are dig...More..

German services shows resilience despite manufacturing crisis -PMI
by | Thursday, September 05, 2019

German services shows resilience despite manufacturing crisis -PMI

The outcomes had been revealed as a part of the IHS Markit/ CIPS UK providers PMI survey the place something under a 50 is seen by insiders as a sector in reverse. "Although employment in the services sector co...More..

India, Russia against outside influence in internal matters of any nation: Modi
by | Thursday, September 05, 2019

India, Russia against outside influence in internal matters of any nation: Modi

Putin held talks with Indian Prime Minister Narendra Modi , who arrived on Wednesday to the event, which promotes trade in Russia's Far East. This demonstrates the friendly relations between the people of ou...More..

Gold edges down on stronger dollar, US-China trade woes limit losses
by | Thursday, September 05, 2019

Gold edges down on stronger dollar, US-China trade woes limit losses

Japan's Nikkei slipped 0.2% and Hong Kong's Hang Seng Index retreated 0.4%, as continued pro-democracy protests disrupted airport traffic ( link ). A forex sales banker in Hong Kong said the PBOC has no clear...More..

UK's Johnson faces new Brexit vote after stinging defeat
by | Wednesday, September 04, 2019

UK's Johnson faces new Brexit vote after stinging defeat

Earlier, Shadow Brexit secretary Sir Keir Starmer told Labour MPs the leadership would not back an election until a Brexit delay had been agreed with the European Union - making the 15 October proposal impo...More..

Facebook puts a stop to its creepy default face scanning feature
by | Wednesday, September 04, 2019

Facebook puts a stop to its creepy default face scanning feature

An Illinois lawsuit accused Facebook of violating the state's Biometric Information Privacy Act by illegally collecting and storing data of millions users. The " tag suggestions " feature will be no more, and...More..

A Conservative MP's defection just cost Boris Johnson his parliamentary majority
by | Wednesday, September 04, 2019

A Conservative MP's defection just cost Boris Johnson his parliamentary majority

A new poll would need the approval of Parliament, but pro-Remain MPs said the priority should be to stop no deal. Opposition Labour leader Jeremy Corbyn said his party was ready for an election. Ahead of a firs...More..

Walmart Caves To Far-Left, Stops Selling Ammo And Guns
by | Tuesday, September 03, 2019

Walmart Caves To Far-Left, Stops Selling Ammo And Guns

McMillon, who is a gun owner, said the company is also calling on the president and members of Congress to advance "common sense measures", like more stringent background checks. we are respectfully requesting ...More..

Bank mergers: FM Sitharaman says amalgamation won't lead to any job loss
by | Tuesday, September 03, 2019

Bank mergers: FM Sitharaman says amalgamation won't lead to any job loss

Canara Bank will join Syndicate Bank; Union Bank of India with Andhra Bank and Corporation Bank; and Indian Bank with Allahabad Bank . India Ratings head of financial institutions Prakash Agarwal sa...More..

Trump Warns China Not to Delay Trade Talks
by | Tuesday, September 03, 2019

Trump Warns China Not to Delay Trade Talks

A separate batch of about $160bn in Chinese goods - including laptops and cellphones - will be hit with 15% tariffs on December 15. US equity futures fell on the news, touching their lows for the day. While T...More..

Man sues Popeyes for running out of chicken sandwiches
by | Tuesday, September 03, 2019

Man sues Popeyes for running out of chicken sandwiches

Employees told an ABC13 reporter on the scene that a group including two women and three men rushed the door of the store after they were told in the drive-thru that the chicken sandwiches were sold out. Po...More..

Indiana Red Cross member on his way to help when Dorian hits
by | Tuesday, September 03, 2019

Indiana Red Cross member on his way to help when Dorian hits

The Red Cross is coordinating with community partners and emergency responders to prepare evacuation centers for people who may seek shelter over the Labor Day weekend. "I help because it gives people hope". ...More..

Brexit weighs on United Kingdom manufacturing as output plunges to seven-year low
by | Tuesday, September 03, 2019

Brexit weighs on United Kingdom manufacturing as output plunges to seven-year low

China's official manufacturing PMI , released by the National Bureau of Statistics on Saturday, fell to 49.5 in August from July's reading of 49.7. In another bright spot, the final reading for backlogs of ...More..

New speed record for world's fastest auto
by | Tuesday, September 03, 2019

New speed record for world's fastest auto

On each these events it was the agency's previous-generation hypercar, the Veyron, that held the gong for the quickest mannequin, however was dethroned two years in the past by the Koenigsegg Agera RS , which ...More..

Argentina imposes currency controls amid debt crisis
by | Tuesday, September 03, 2019

Argentina imposes currency controls amid debt crisis

With these measures, companies will need special permission to purchase foreign currency or make purchases overseas. - The government of President Mauricio Macri on Sunday imposed foreign-exchange controls ...More..

Wall Street flattens out into Labor Day weekend
by | Monday, September 02, 2019

Wall Street flattens out into Labor Day weekend

The three main indexes opened higher, following data which showed strong USA consumer spending in July and signals from Washington and Beijing on Thursday, that they will resume trade talks, as the countries di...More..

by | Monday, September 02, 2019

Bahamas brace for impact as Hurricane Dorian closes in

The northwestern Bahamas are under a hurricane warning , which means "preparations to protect life and property should be rushed to completion", the hurricane center said. The storm was projected to reach Flor...More..

YouTube settles FTC complaint for at least $150M
by | Sunday, September 01, 2019

YouTube settles FTC complaint for at least $150M

The FTC has reportedly been investigating YouTube for violating a law created to protect kids online. The law being discussed is the Children's Online Privacy Protection Act . In recent months, it changed ...More..