Business

Opposition leaders say Modi government has failed to bring back black money

Opposition leaders say Modi government has failed to bring back black money

The rise in 2017 comes after money parked by Indians in the Swiss bank plunged from CHF 2.03 billion (Rs 14,000 crore) in 2013 to CHF 676 million (Rs 4,660 crore) in 2016. The Union minister's respons...

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Tesla: Musk Sidetracked By Farting Unicorn

Tesla: Musk Sidetracked By Farting Unicorn

The remark drew a response from Ford Vice President of Communications Mark Truby, who jabbed Musk over Tesla's use of a large outdoor tent that houses a Model 3 assembly line. The CEO has since de...

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China tries to defuse trade pressure, says world benefits

China tries to defuse trade pressure, says world benefits

MSCI's gauge of stocks across the globe.MIWD00000PUS shed 0.43 percent. Spot gold XAU= dropped 0.3 percent to $1,255.27 an ounce. Futures augured losses on Wall Street. The Global Times said support...

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Trump says King Salman 'agree' to crash oil prices

Trump says King Salman 'agree' to crash oil prices

Trump wrote on Twitter that he had asked the king in a phone call to boost oil production "to make up the difference.Prices too high!" The Saudi Press Agency confirmed that President Trump and Kin...

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India Considers Cuts to Oil Imports from Iran

India Considers Cuts to Oil Imports from Iran

Moreover, gasoline reserves increased by 1.156 million barrels, and distillate stocks increased by 15,000 barrels. At 0635 GMT, August WTI crude oil is trading $72.42, down $0.34 or -0.47% and Se...

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Kicked Out Of Toys R Us On Its Last Day?

Kicked Out Of Toys R Us On Its Last Day?

Toys "R" Us filed for Chapter 11 bankruptcy protection in September hoping to restructure some $5 billion in debt, much of which stemmed from a $6.6 billion leveraged buyout by private equity firms in...

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Move over UPS truck: Amazon delivery vans to hit the street

Move over UPS truck: Amazon delivery vans to hit the street

It is also offering $10,000 reimbursements for qualified military veterans. The new program promises more competition for delivery companies like United Parcel Service and FedEx . What just hap...

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Crude Oil Prices In Focus After OPEC Decision: Where Are They Headed?

Crude Oil Prices In Focus After OPEC Decision: Where Are They Headed?

An outage at Syncrude Canada's oil-sands facility may lead to a 360,000 barrel-a-day shortage for all of July, which could spur a further draw down in inventories at the USA hub, Goldman said. Saudi E...

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White House announces that USA will not impose limits on Chinese investment

White House announces that USA will not impose limits on Chinese investment

Bush's administration. This was after US President Donald Trump said his administration would rely on a strengthened national security review panel to deal with concerns about foreign interests bu...

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US wants India to stop importing oil from Iran by November

US wants India to stop importing oil from Iran by November

The protest that shook the world on December 28 in Mashhad, Iran's second-largest city, and quickly spread throughout the country has picked up steam in the last few days - this time in Tehran. "I...

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Trump Attacks, Threatens Harley-Davidson for Moving Production to Europe

Trump Attacks, Threatens Harley-Davidson for Moving Production to Europe

He tweeted that its "employees and customers are already very angry at them". The company said the move is necessary because of the $3.4 billion tariffs the European Union began levying Frida...

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EU, China vow to uphold global trade order despite divisions

EU, China vow to uphold global trade order despite divisions

Under the plan, the White House would use one of the most expansive legal tools available to declare China's investment in USA companies involved in technologies such as new-energy vehicles, robotics ...

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Turkey's lira surges against euro after Erdogan victory

Turkey's lira surges against euro after Erdogan victory

He urged Erdogan to be a leader of all Turks adding that Erdogan should "represent 80 million" and telling him: "You are the president for us all". Turkey went to the polls yesterday, a full year ea...

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Turkey's Erdogan clinches second term with majority vote

Turkey's Erdogan clinches second term with majority vote

Speaking to supporters from the balcony of his ruling AKP headquarters in Ankara after Sunday's presidential and parliamentary elections, Erdogan said Turkey would also act more decisively against t...

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Trump warns Harley-Davidson: ‘We won’t forget’

Trump warns Harley-Davidson: ‘We won’t forget’

Then it appeared as if Harley-Davidson's chief executive was punching back with a quote disparaging Trump. A Twitter spokesman did not immediately respond to a request for comment Wednesday. Earlier...

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China and Europe warn trade war could trigger global recession

It seems US President Donald Trump's tit-for-tat tariffs may not be having the effect he desired. Lim explained that Trump's punitive tariffs risk Washington losing the support of Europe in pressuri...

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Electoral board head: Turkey vote was 'healthy'

Electoral board head: Turkey vote was 'healthy'

Erdogan's main rival, Muharrem Ince of the Republican People's Party (CHP), conceded defeat but branded the elections "unjust" and said the presidential system that now takes effect was "very dangerou...

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$1.40 EPS Expected for Harley-Davidson, Inc. (HOG)

$1.40 EPS Expected for Harley-Davidson, Inc. (HOG)

Harley-Davidson's quarterly revenue was up 2.7% on a year-over-year basis. equities research analysts expect that Harley-Davidson Inc will post 3.9 earnings per share for the current fiscal year. Othe...

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Harley-Davidson shifts some production overseas because of tariffs

Harley-Davidson shifts some production overseas because of tariffs

The announcement comes as the 117-year old company is also buffeted by higher steel costs following tariffs enacted by US President Donald Trump , who had embraced the company as an emblematic US ind...

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Turkish President Recep Tayyip Erdogan wins second term in a landslide victory

Turkish President Recep Tayyip Erdogan wins second term in a landslide victory

CNN reports that Erdogan declared himself the victor before the results were announced, leading to opposition claims that "state media and the election commission had manipulated the results and ...

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We've changed, Uber says, in court battle to keep license

We've changed, Uber says, in court battle to keep license

Uber's appeal hearing, which will consider if the company is "fit and proper" to operate in London , starts today and is expected to take several day before a decision is made - though the court batt...

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OPEC reaches deal to raise oil output

OPEC reaches deal to raise oil output

How that translates into effective production increases is uncertain, as some OPEC countries can not easily ramp up production. This perhaps applies even more to the future price trajectory for ...

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Airbus threatens to leave the United Kingdom because of uncertainty over Brexit

Airbus threatens to leave the United Kingdom because of uncertainty over Brexit

In one of the most significant interventions by a major manufacturer since the referendum two years ago, it published a "risk assessment" on its website saying it would "reconsider its investments i...

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Why bringing your dog to work can be great for (almost) everyone

Why bringing your dog to work can be great for (almost) everyone

But today is a very special day for dogs with working parents: it's National Take Your Dog To Work Day! While "Take Your Dog to Work Day" is Friday, some US companies allow pets to come to the off...

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Eurogroup reaches agreement on final loan and debt relief for Greece

Eurogroup reaches agreement on final loan and debt relief for Greece

This brings the final disbursement to €15 billion, according to several European Union officials familiar with the discussions. The extension of maturities and deferral of interest and amortization ...

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Donald Trump threatens 20% United States import tariff on European cars

Donald Trump threatens 20% United States import tariff on European cars

He charged that a succession of poorly negotiated accords - including the North American Free Trade Agreement and the pact that admitted China into the World Trade Organization - put American manufa...

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Politicians can't ignore the people: Lammy on anti-Brexit march

Politicians can't ignore the people: Lammy on anti-Brexit march

He told the BBC: 'The Prime Minister has always said nothing is agreed until everything is agreed and that no deal would be better than a bad deal, and I think it's essential as we enter the next phas...

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Chinese Media Says US Has

Chinese Media Says US Has "Delusions" As Impact Of Trade War Spreads

A staff member walks past U.S. and Chinese flags placed for a joint news conference by U.S. Secretary of State Mike Pompeo and Chinese Foreign Minister Wang Yi at the Great Hall of the People in Beiji...

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Supreme Court’s sales-tax ruling could mean $200 million for IL

The Supreme Court ruled Thursday that states can compel retailers to collect sales taxes even if they don't have a physical presence in the state. That's a big issue, considering that e-commerce...

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European Union to impose duties on US imports Friday after Trump tariffs

European Union to impose duties on US imports Friday after Trump tariffs

It cut its 2018 profit forecast and German rival BMW said it was considering "possible strategic options" in light of the rising trade tensions between China and the United States. India had sought ...

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