Stories about Finance

Jul 27 2018

Vladimir Putin invites Donald Trump to Russian Federation

Putin told reporters at a summit in South Africa that he and Trump needed to meet in person - not chat over the phone - about issues like the Iran nuclear deal, Middle ...

Jul 27 2018

Papa John's Founder Sues Papa John's After Ouster

Schnatter has alleged that the board may have staged a "coup" against him, and claims in the lawsuit that the company has treated him in an "unexplained and heavy-hande...

Jul 27 2018

Bitcoin Drops as U.S. Regulators Reject Winklevoss ETF Plan

The agency notably highlighted that its decision doesn't constitute a judgment against cryptocurrencies and blockchain in general, but rather the structure of the proposa...

Jul 27 2018

USA and European Union agree to work towards lower trade barriers

The two sides agreed to expand European imports of U.S. liquified natural gas and soybeans and lower industrial tariffs on both sides, Mr Trump said . "Without strong Eu...

Jul 27 2018

Facebook shares, still reeling from earnings report, plummet 19 percent

Facebook shares plunged more than 19 percent Thursday after the company warned the day before that its sales growth would stall in the months ahead. Media analyst Mich...

Jul 27 2018

Trade War Between US and EU Averted (For Now)

In a bid to deescalate the quarrel, Mr Trump said he and Mr Juncker had agreed on Wednesday to "work together toward zero tariffs, zero non-tariff barriers, and zero su...

Jul 27 2018

China to pull approval for Facebook's planned venture: NYT Trading Ideas

The subsidiary , Lianshu Science & Technology, has $30 million of registered capital, and it will advise small businesses and make minor investments, according to record...

Jul 27 2018

Trump says NAFTA deal with Mexico must happen fast

Ujczo, who has worked on trade files for both the American and Canadian governments. It points out that the International Trade Commission's (ITC) investigation found no ...

Jul 26 2018

Prices Supported after Saudi Arabia Suspends Shipments through Red Sea Lane

Shipments through the world's major oil transit route in the Red Sea have been halted by Saudi Arabia , following attacks on two oil tankers by Yemen's Houthi rebe...

Jul 26 2018

Trump, EU trade deal averts trade war, tariffs

Trump's threat to impose tariffs on auto imports on national security grounds would hit European carmakers BMW Daimler and Volkswagen as well as Japanese and South Korea...

Jul 26 2018

Does Trump want to strike trade deal with EU's Juncker?

Juncker said it was a "good, constructive meeting". Juncker came to Washington for a last-ditch bid to avoid USA tariffs on cars. And ultimately, efforts by past pr...

Jul 26 2018

2018 iPhone won’t be as fast as it could be

Apple itself has been using both Intel and Qualcomm modems on the iPhone. This information comes through an earnings call with the company, where Chief Financial Office...

Jul 26 2018

Iran military official warns of 'strong' response to United States threats

During a recent visit to Austria, Rouhani pledged that Tehran will stand firm against the U.S. threat to halt Iranian oil shipments, saying no other country in the regi...

Jul 26 2018

Britain's Brexit minister tells European Union: it is time to speed up talks

The EU chief negotiator for Brexit, Michel Barnier, also criticised May's Chequers Plan, arguing that it failed to address many crucial points regarding the U.K.'s depart...

Jul 26 2018

Donald Trump strikes deal with European Union to prevent trade war

The two leaders will face off later in the day over high European Union tariffs on autos . Trump recently placed tariffs on $34 billion in Chinese goods, which pro...

Jul 26 2018

Former FCA CEO Sergio Marchionne dies aged 66

Regarded as a saviour of Fiat , Italy's automotive champion, the Italian-born Marchionne set in motion the marriage between Fiat and bankrupt USA rival Chrysler just...

Jul 26 2018

Facebook shares fall 9 percent on revenue miss

The company had cautioned investors to expect a big jump in costs because of efforts to address concerns about poor handling of users' privacy and to better monitor what ...

Jul 26 2018

American farmers want trade over aid

The second is the Food Purchase and Distribution Program, which will buy surplus fruit, nuts, beef, pork and milk to distribute to US food banks and nutrition programs. S...

Jul 26 2018

Trump and top European leader agree to work toward zero tariffs

But at home , Mr Trump is facing increasing criticism as consumers, farmers and businesses are taking a hit from the retaliation to the raft of United States tariffs on ...

Jul 25 2018

Mega Millions Winning Ticket Worth $522 Million Sold In California

Two other Mega Millions winners made history earlier this year, with one person in Florida winning $451m (£342m) in January and another in New Jersey taking home $533m ...