Business

Turkey to boycott US-made electronic products: Erdogan

Turkey to boycott US-made electronic products: Erdogan

The fall out has showed no signs of abating as U.S. president Donald Trump approved doubling tariffs on Turkish steel and aluminum while Mr Erdogan has vowed to retaliate. "Emerging markets as a whole...

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Indian Rupee hits fresh record low of 69.61 per Dollars

Indian Rupee hits fresh record low of 69.61 per Dollars

For the first time in history, the Indian Rupee hit a record low breaching the Rs 70 mark against USA dollar on Tuesday. The rupee has lost almost 7.2% this year and remains one of the worst perfo...

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More than 100 large wildfires in USA as six new blazes erupt

More than 100 large wildfires in USA as six new blazes erupt

He said crews were able to hold it back from the majority of the summer homes in that area, and they are working to control the fire "back around the the southern fork" of Lake Pillsbury. Below Cal Fi...

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Turkey crisis deepens at lira hits new low

Turkey crisis deepens at lira hits new low

Turkey's lira pulled back from a record low of 7.24 to the dollar on Monday after the central bank pledged to provide liquidity, but it remained under selling pressure and its meltdown continued to ra...

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Khamenei Acknowledges Iran's Problems 'Internal,' Not Purely U.S. Sanctions

Khamenei Acknowledges Iran's Problems 'Internal,' Not Purely U.S. Sanctions

Turning to the reimposition of United States sanctions on Iran after Trump unilaterally quit the 2015 nuclear pact, Altmaier stressed the importance of keeping European business deals in Iran alive....

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Turkey moves to calm market, opens probe amid lira fall

Turkey moves to calm market, opens probe amid lira fall

Erdogan's comments on interest rates, along with his recent appointment of his son in law, Albayrak, as finance minister have intensified concerns the central bank is not independent. Wider European ...

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UK urged to stand with United States against Iran by Woody Johnson

UK urged to stand with United States against Iran by Woody Johnson

The US leader is set to impose a second wave of sanctions in November on Iran's energy and petrochemical industries, which are seen as lifelines for the Middle Eastern nation's economy. He said Iran...

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Giant Saudi fund emerges as backer of bid for Elon Musk's Tesla

Musk said the company will be taken private at $420 per share. Investment bankers and analysts have so far reacted with scepticism, telling Reuters it would be hard for Musk, whose net worth is pe...

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Stolen Horizon Air plane crashes in Puget Sound island

Stolen Horizon Air plane crashes in Puget Sound island

The still unidentified man, who was a Horizon Air employee, is believed to have been the only person aboard the plane when it crashed. A heist and deadly crash of a passenger plane in the Seattle ...

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Crocs to close remaining manufacturing facilities; executive to resign

Crocs to close remaining manufacturing facilities; executive to resign

The comfortable foam clog shoe has been a source of contention ever since it was first launched 16 years ago, as it is unquestionably one of the most hated shoes around the world. The Daily Mail repo...

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Erdogan slams USA for preferring terrorists as partner

The latest escalation between Ankara and Washington was denounced by the Turkish press, with pro-government daily Sabah saying "the currency attack" was no different from the attempted coup of July 20...

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Trump says progress made toward trade deal with Mexico, but warns Canada

Trump says progress made toward trade deal with Mexico, but warns Canada

Before entering the meeting with Lighthizer, Guajardo was asked by reporters whether Canada would take part next week in the talks , and he said "possibly". "It's the only way we'll get to a deal". ...

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One lucky person could win McDonald's for life in a new contest

One lucky person could win McDonald's for life in a new contest

The card is valued at $52,350 and entitles the victor to two free meals per week for 50 years. Every day you order at McDonald's from August 10 to 24, you are automatically entered in the sweepsta...

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Stocks little changed as S&P 500 approaches record high

Stocks little changed as S&P 500 approaches record high

The producer's price index remained unchanged in July, while economists polled by Reuters expected a gain of 0.2 percent. The S&P 500 was just 1 percent shy of a record it hit on January 26 on Tue...

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Manitoba's unemployment rate holds steady as national average declines

Manitoba's unemployment rate holds steady as national average declines

The Canadian economy added a net 54,100 jobs in July on a seasonally adjusted basis, Statistics Canada said Friday. Although Canada's unemployment rate dropped to a four-decade low last month, Cal...

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Sterling volatility continues over no deal Brexit fears

Sterling volatility continues over no deal Brexit fears

The UK government has so far made little progress in agreeing on a post-Brexit trading deal with the EU. "The direction of travel is toward 0.90 and we've penciled in a 0.91-0.92 high over the coming ...

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China to hit United States with tariffs on U.S. imports worth $17bn

China to hit United States with tariffs on U.S. imports worth $17bn

The U.S. Trade Representative's Office is looking into the possibility of a ten percent tariff on another $200 billion in Chinese goods. "The major concern right now in trade is China", Hogan said. -C...

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FBI seeks motive after airline worker steals plane and then crashes it

FBI seeks motive after airline worker steals plane and then crashes it

After "doing stunts in (the) air" - or being flown without proper skills - for about an hour, the plane crashed at Ketron Island , the sheriff's department said . Without confirming anything, a stole...

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US SEC examining Musk's tweets on taking Tesla private

US SEC examining Musk's tweets on taking Tesla private

Regulators at the Securities and Exchange Commission have made inquiries about the truthfulness of Musk's tweet about funding, according to reports. This was reported by Elon Musk in his twitter ...

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Airline Worker Steals Aircraft, Crashes Near Seattle

Airline Worker Steals Aircraft, Crashes Near Seattle

Investigators were working to find out how an airline employee stole the plane Friday and crashed it after being chased by military jets that were quickly scrambled to intercept the aircraft. Those p...

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Horizon Air worker accused of stealing, crashing plane had Alaska ties

The unauthorized pilot was described by the Pierce County Sheriff's Department as a "suicidal male". It is believed that he was a mechanic who took the plane from Seattle-Tacoma International Airp...

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Erdogan warns Turkey's partnership with USA 'in jeopardy'

Erdogan warns Turkey's partnership with USA 'in jeopardy'

President Donald Trump said he had authorised higher tariffs on imports from Turkey, imposing a 20 percent duty on aluminium and 50 percent one on steel. Earlier this month, the USA slapped sanctions...

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News Corp upbeat on digital assets growth

News Corp upbeat on digital assets growth

The loss was bigger than last year's $US643 million, but included a writedown of $US998 million for the merger of Foxtel and Fox Sports in Australia. "We also saw meaningful operational improvemen...

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Elon Musk taunts investors who short-sold Tesla stocks, despite pending shareholder lawsuit

Elon Musk taunts investors who short-sold Tesla stocks, despite pending shareholder lawsuit

The decision to go private is mostly, based, Musk says, on the fact that his other company, SpaceX, is privately held and is operated more efficiently than Tesla, as it isn't subject to the ups and do...

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Changes to ICBC premiums would see bad drivers pay more

Changes to ICBC premiums would see bad drivers pay more

The current model to calculate rates used by the Insurance Corporation of B.C.is "broken", he said. Mr. Eby said under the current model, a person could have up to three crashes in a single year and...

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Chemical giant Monsanto ordered to pay cancer damages

Chemical giant Monsanto ordered to pay cancer damages

Monsanto has vowed to appeal the decision after the ruling, which said weed killer Roundup and the professional grade equivalent RangerPro had contributed to groundskeeper Dewayne Johnson's terminal...

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Mechanic steals plane from SeaTac Airport, crashes

Mechanic steals plane from SeaTac Airport, crashes

The Pierce County Sheriff's Office reported the situation was not a terrorist incident. Then he added, "T$3 his is a single suicide male". The hijacker has been described as a 29-year-old mechanic w...

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BR Analysis. The most popular cryptocurrencies on August 8

BR Analysis. The most popular cryptocurrencies on August 8

Ethereum is in major downtrend and is trading well below $390-400. Now there is a slight fear that XRP may take a while to push through to $0.360, yet there is little worry of XRP slipping down t...

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Novichok attack: Russia denounces 'draconian' new US sanctions

Novichok attack: Russia denounces 'draconian' new US sanctions

Russian banks were also affected, with shares in state-run Sberbank sliding 4.7%. Mr Skripal and his daughter recovered after intensive care in hospital, and their current whereabouts are being kept s...

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As Turkey Crisis Mounts, Contagion Jitters Hit Global Banks

As Turkey Crisis Mounts, Contagion Jitters Hit Global Banks

Since then, its relationship with Turkey, the sixth largest steel importer to the United States, has deteriorated, prompting Ankara to send a delegation this week to Washington to meet with both the...

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