Stories about Finance

Oct 06 2018

Job gains miss expectations, unemployment rate hits 49-year low

Hurricane Florence, the storm that made landfall along the mid-Atlantic US coast on September 14, caused widespread disruption for homes and employers but it was not poss...

Oct 06 2018

End discord or put Brexit at risk, May tells Tories

On Wednesday, the Prime Minister walked on stage at the Conservative Party conference dancing along to the tune of ABBA's Dancing Queen in front of delegates. There wou...

Oct 05 2018

Trump to be briefed on NAFTA talks progress on Sunday - U.S

President Donald Trump pushed to renegotiate the terms of NAFTA since taking office a year ago. Trumka added, "Our history of witnessing unfair trade deals destroy ...

Oct 05 2018

Pence Accuses China Of Undermining Trump Campaign

Pence made clear that the United States still adhered to its four-decade policy of recognizing only Beijing but added to applause: "Let me also say that Taiwan's embrace...

Oct 05 2018

Aston Martin IPO pricing narrows toward bottom end of range

Luxury vehicle manufacturer Aston Martin (LSE:AML) has made a disappointing entry to the London market, with shares dropping to lows of £17.75p in morning trading after o...

Oct 05 2018

Toyota recall: millions of potentially faulty hybrid vehicles

In the US, the recall covers more than 800,000 vehicles: the model year. The recall of Prius and Auris cars includes 1.25 million in Japan, 830,000 in North America and...

Oct 05 2018

Pence speech to slam China over threats, Taiwan

He also slammed Beijing for placing a multi-page advertisement extolling the virtues of US-China trade in the Des Moines Register , the highest-circulation newspaper in ...

Oct 05 2018

United States says China wants to kick Trump out of the White House

Mike Pence was " speaking on hearsay evidence, confusing right and wrong and creating something out of thin air ", the Foreign Ministry said Friday, condemning the spee...

Oct 04 2018

Pompeo plans to meet with Kim Jong Un again in Pyongyang

Pompeo said earlier references to a date for the North to complete denuclearisation was a reference to talks between Kim Jong-un and South Korean president Moon Jae-in. P...

Oct 04 2018

Jaitley lowers petrol, diesel prices by Rs 2.5 per litre

Soon after the announcement, the NDA-led governments in Gujarat, Maharashtra, Chhattisgarh and Jharkhand followed the Centre's footsteps announcing a cut of Rs 2.50 per l...

Oct 04 2018

Rupee hits record low as fuel prices touch fresh highs

Weaker long-term sentiment has weighed on the won, which is closely tied to China though Korea's electronics exports, which may be at risk from the US-China trade war. Th...

Oct 04 2018

Canada, US reach free-trade deal to replace NAFTA

The Trump administration officially notified Congress of the US-Mexico trade agreement on August 31. Increase in the de minimis levels: The de minimis level is th...

Oct 04 2018

Canada | New NAFTA Deal | Trump Tariffs

On if he could choose NAFTA 1.0 or NAFTA 2.0: I'm actually more inclined to stick with the old deal and wait for the next administration to get it right. Pointing to hi...

Oct 04 2018

US and Canada Strike a Deal to Save NAFTA

Insiders got wind of a breakthrough after 14 months of tumultuous talks and just hours before US and Mexican trade authorities were set to publish their own trade agreeme...

Oct 03 2018

Trump gets oil traders' attention over call with Saudi King

Donald Trump spoke on the phone Saturday with King Salman bin Abdulaziz of Saudi Arabia, days after the USA president's latest criticism of OPEC over high oil prices ...

Oct 02 2018

Oil close to 4-yr high ahead of U.S. sanctions on Iran

More fundamentally, oil markets have been pushed up by looming USA sanctions against Iran's oil industry, which at its most recent peak this year supplied nearly 3 percen...

Oct 02 2018

Amazon raises starting wage for its workers to $15 an hour

In the USA the minimum wage is $7.50 in many locations. Amazon CEO Jeff Bezos walks onstage for the launch of the new Amazon Fire Phone, in Seattle, June 16, 2014. Ja...

Oct 02 2018

Amazon announces $15 minimum wage for all U.S. employees

The new wage will benefit more than 250,000 Amazon employees, plus over 100,000 seasonal employees who will be hired for the holidays. Seattle-based Amazon hasn't yet an...

Oct 02 2018

Musk Sees "Victory" Tuesday, SEC Deal: Tesla Jumps

Avakian and Peikin demanded that Musk pay US$20 million and be removed as Tesla's chairman for at least three years , harsher terms than were being offered in the scra...

Oct 02 2018

Petrol crosses Rs 91-mark in Mumbai, LPG above Rs 500

Brent, the benchmark for more than half the world's oil, rose to the highest since November 2014 on Monday ahead of U.S. sanctions against Iran kicking in next month. All...