Stories about Finance

Jun 25 2018

Harley-Davidson to shift some production outside USA over European Union tariffs

The company reports that the tariffs on motorcycles exported from the U.S.to the European Union from 6 percent to 31 percent, which it says will cost an extra $2,200 per ...

Jun 25 2018

Harley-Davidson shifts some production overseas to cope with tariffs

Each motorcycle will cost an average of $2,200 extra after the European Union raised its tariff on imported US bikes to 31 percent from 6 percent on June 22, the Milwau...

Jun 25 2018

Tens of thousands march in pro and anti-Brexit rallies

Fox, Foreign Secretary Boris Johnson and Brexit Secretary David Davis lined up to defend their Brexit strategy as protesters and business figures expressed their ange...

Jun 25 2018

Supreme Court Decision Will Cost Consumers

Boston-based Wayfair says it has been collecting sales tax as it has opened warehouses across the country to ship its sofas, rugs and other products. In the digital era...

Jun 25 2018

Bavarian conservatives heading towards 'German Brexit' over migration: SPD leader

Conte told the President of the European Council Donald Tusk on Wednesday that Italy is unwilling to negotiate readmissions, as Italy is exposed to primary migrant flow...

Jun 24 2018

Greece's creditors reach deal on debt relief measures

Officials at the Frankfurt institution bought Greek debt under a scheme known as the Securities Markets Programme, created by the European Central Bank (ECB) to calm fin...

Jun 24 2018

MoviePass Responds to AMC's Subscription Plan With Surge Pricing

MoviePass mocked AMC Theatres on Twitter on Wednesday after AMC announced its own subscription plan. "We want to make movies more accessible, they want more profit...

Jun 24 2018

For once in a tie, Greek PM Tsipras hails new debt deal

Hoping to soothe concerns over Greece's debt sustainability, European creditors also pledged to provide further future debt relief tweaks "in the case of an unexpectedly ...

Jun 24 2018

EU imposes tariffs on US peanuts, motorcycles and whiskey

President Donald Trump fired back immediately, repeating his threat to impose tariffs on European auto exports to the United States. Asked last week how she would reac...

Jun 24 2018

Tesla to close solar facilities in US nine states

As a result, Tripp was reassigned to a different role and expressed anger towards the company. The former employee also admitted to transferring several gigabytes o...

Jun 24 2018

Supreme Court's online sales tax ruling gives states a win

In Wayfair v. South Dakota , the Court concluded that the "sales tax nexus" previously articulated by the Court in Quill v. While The Alabama Retail Association be...

Jun 23 2018

OPEC Agrees to Boost Oil Output

The 14 member nations of OPEC - mainly Saudi, Venezuela , Iran and Iraq - controlled a little more than 80 per cent of world crude oil reserves in 2016. Returning ...

Jun 23 2018

Iran says OPEC won't take direction from Trump

Saudi Arabia and Russian Federation - with support of major consumers India , China and the U.S. - are calling for a loosening of production restrictions to boost global...

Jun 23 2018

Why OPEC's new supply deal will add little crude oil to markets

Analysts estimate that when the additional production from non-OPEC oil producers such as Russian Federation is added in, the deal will likely result in an additional mil...

Jun 23 2018

Why Canada legalized marijuana - Prime Minister Trudeau

Prime Minister Justin Trudeau has said marijuana will become fully legalized in Canada on October 17, 2018. "Cannabis for non-medical use is not legal yet". Once ...

Jun 23 2018

Saudi regulator expects $40 billion foreign fund inflows after MSCI

MSCI also said it would include Kuwait on its review list for next year. Previously, Argentina was classified as a frontier index, while Saudi Arabia was a stand-al...

Jun 23 2018

Supreme Court decision on sales tax could see local impact

The ruling reversed a 1992 court decision that held online retailers could only be required to collect and remit sales taxes if they had stores or some other "nexus" in...

Jun 22 2018

OPEC moves toward raising oil supply as Iran softens positions

Saudi Energy Minister Khalid al-Falih has signalled a compromise was in the works as a big hike in production was "politically unacceptable" to some members. After almo...

Jun 22 2018

European Union slaps retaliatory tariffs on USA goods

Mainly because we need to find our own sense of agencies. The equivalent value of €2.8 billion worth of United States goods that will be hit by import duties charged ...

Jun 22 2018

U.S. Oil Prices Slip a Bit Before OPEC Meeting

The Organization of the Petroleum Exporting Countries ( OPEC ), a producer cartel de-facto led by top exporter Saudi Arabia , is meeting together with some non-OPEC memb...