Stories about Finance

Jun 19 2018

China accuses Trump of ’blackmail’ after new tariffs threat

Trump's latest salvo in a brewing trade war would mean a sizable amount of Chinese goods shipped to the US would be exposed to tariff threats and raises new questions ...

Jun 19 2018

Tesla employee sabotaged the company, Musk tells staff

His stated motivation is that he wanted a promotion that he did not receive. In a separate email to staff, Mr Musk said there had been a small fire at a Tesla factory...

Jun 19 2018

Trump Asks For $200 Billion More In Tariffs To Impose On China

China, claiming the United States had "launched a trade war", retaliated nearly immediately, outlining its own tariffs on USA goods worth $ 50 billion . Trump said. Chi...

Jun 19 2018

Chanda Kochhar on leave till probe ends, Sandeep Bakshi appointed COO

N.S. Kannan, now an executive director at ICICI Bank , is set to be the new CEO of ICICI Prudential Life, the bank said. Reports suggest that he is unlikely to opt for a...

Jun 19 2018

Trump threatens additional $200bn in tariffs row with Beijing

The US wants China to stop practices that allegedly encourage transfer of intellectual property - design and product ideas - to Chinese companies, such as requirements th...

Jun 19 2018

Who and what are behind Germany's government crisis?

Citing unnamed sources from the CSU leadership, top-selling Bild reported that the party would agree to the plan, drawn up by her Interior Minister Horst Seehofer , fr...

Jun 19 2018

Trump targets another $200 billion in China imports with tariffs

Trump said Monday that China's decision to retaliate in kind against his first batch of $50 billion in tariffs - announced on Friday - required a US response to encourage...

Jun 18 2018

Google to invest $550 million in Alibaba's rival JD.com

In a press release , the two companies said they will collaborate on new initiatives including a joint retail service that will be launched around the world including ...

Jun 18 2018

Audi CEO arrested in Dieselgate probe

The prosecutors' office last week widened its emissions cheating probe into Volkswagen's luxury brand Audi to include Stadler among the suspects accused of fraud and fa...

Jun 18 2018

Audi boss Rupert Stadler held in German diesel emissions probe

A judge ordered that he be remanded into custody over fears he would attempt to suppress evidence. Audi CEO Rupert Stadler has been arrested. The diesel investigat...

Jun 18 2018

Audi CEO Rupert Stadler arrested over emissions scandal

The chief executive of German carmaker Audi , Rupert Stadler , has been arrested in connection with an investigation into the diesel emissions scandal. Stadler". "The...

Jun 17 2018

Billions in new tariffs signal start of US-China 'trade war'

The announcement comes as trade conflicts between the world's largest two economies are on the rise. The Chinese have said they will place retaliatory tariffs on US...

Jun 17 2018

McDonald’s To Start Using Paper Straws in United Kingdom

Later this year, McDonald's will begin testing alternatives in some restaurants in the United States, France, Sweden, Norway and Australia. It comes after McDonald's mo...

Jun 17 2018

European Central Bank eyes end to bond-buying scheme

On Wednesday, the loonie touched its weakest in more than one week at $1.3052. The Euro initially weakened after the central bank said it would extend the bond pu...

Jun 16 2018

Trump declares oil prices too high, blames OPEC

The two countries share a common view that production should increase gradually, but the precise volume of oil that could be returned to the market and the timing of the ...

Jun 16 2018

Wetherspoon is going through some dramatic changes because of Brexit

Drinkers at Wetherspoon will see beers brewed in Germany with British wheat beer and alcohol-free brews - something Mr Martin points out will cost customers less as wel...

Jun 16 2018

Trump planning 25% tariffs on up to $50 billion of Chinese goods

Trump laid out a list of more than 800 strategically important imports from China that would be subject to a 25 per cent tariff starting on July 6, including cars, th...

Jun 16 2018

One of two Kansas officers shot during inmate transport dies

Bailiff said it's possible the deputies were overcome with their own weapons. The deputy who died was identified as 35-year-old Patrick Rohrer. Kansas City, Kansas, p...

Jun 16 2018

President announces United States tariffs on $50 billion in Chinese imports

Senior congressional Democrats have called for the Trump administration to be tougher on China, slamming the president for his decision to help troubled Chinese telecom...

Jun 16 2018

Germany Fines Volkswagen $1.2 Billion Over Diesel Scandal

The current German fine was ordered by the prosecutor's office in Braunschweig after it determined lax supervision allowed " impermissible software functions " to be inst...