Business

New trade agreement a win for Montana agriculture

New trade agreement a win for Montana agriculture

Trump is threatening to kill the current NAFTA deal, which would set the clock running on a six-month window for the U.S. Congress either to ratify the USMCA deal as is or have no North American trade...

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Qualcomm says no plans to revisit NXP takeover

Qualcomm says no plans to revisit NXP takeover

The U.S. mentioned the Qualcomm-NXP deal in the statement it put out following the Xi-Trump meeting. In what was reportedly set to be "the biggest semiconductor deal globally", Qualcomm announc...

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White House backpedals on Trump's claim that China will drop auto tariffs

White House backpedals on Trump's claim that China will drop auto tariffs

We saw how that panned out with the North Korean denuclearization talks, where Trump appeared to believe he'd walked away with more than he actually got , so there's reason to be skeptical until more...

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Million Pounds Of Beef Recalled Over Salmonella Fears

Million Pounds Of Beef Recalled Over Salmonella Fears

Now, the number of cases has skyrocketed to 246 confirmed from 26 states with illness onset dates spanning July 26 to September 7. On Nov. 15, the CDC reported 254 people across 25 states had been...

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China, US showdown looms on trade at fractious G20

China, US showdown looms on trade at fractious G20

Economic advisor Larry Kudlow told a media briefing "the president said there is a good possibility that we can make a deal and he is open to it". CGTN's Jessica Stone unraveled this in a report. He c...

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US Oil Production Surge Keeps Pressure on OPEC+ to Cut Supply

US Oil Production Surge Keeps Pressure on OPEC+ to Cut Supply

Energy Minister Suhail Al Mazrouei, said he was optimistic OPEC+ will reach an agreement over a reduction in production for 2019 when they meet. Reports Friday, citing comments from a delegate to ...

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Oil climbs as investors digest Qatar’s plan to leave Opec

Oil climbs as investors digest Qatar’s plan to leave Opec

Qatar made the decision after reviewing ways to enhance its role internationally and plan long-term strategy, said Energy Minister Saad al-Kaabi. Qatar said on Monday it was quitting OPEC from Janua...

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World stocks and bonds rise as market prices in more dovish Fed

World stocks and bonds rise as market prices in more dovish Fed

Powell, in a speech in NY on Wednesday, said interest rates appear to be just below the level the Fed calls "neutral", where they neither stimulate growth nor impede it. On Wednesday, he remained upbe...

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Police raid Deutsche Bank offices in money laundering case

Police raid Deutsche Bank offices in money laundering case

The bank said on Thursday it was cooperating with investigators, and declined to make any further comment on Friday. The "Panama Papers" , which consist of millions of documents from Panamanian law...

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Donald Trump and Xi Jinping declare trade truce at G20

Donald Trump and Xi Jinping declare trade truce at G20

The non-binding agreement, negotiated in all-night talks, capped the two-day G20 summit in Buenos Aries. Trump has already imposed tariffs on more than $250 billion in Chinese goods - about half o...

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Powell: US economy and banks seem sturdy but face some risks

Powell: US economy and banks seem sturdy but face some risks

A few participants also expressed reservations about the timing of the next rate hike, suggesting that the benchmark rate - which determines the cost of borrowing on credit cards, mortgages and other ...

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Cowboys Defense Dominates Saints In First Half

Cowboys Defense Dominates Saints In First Half

Rams players are generally only concerned with what they can control and that's winning each week, but there's no doubt they watched Thursday night's game and came away pleased with the result. In cas...

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Microsoft briefly beat Apple to become world's most valuable tech stock

Microsoft briefly beat Apple to become world's most valuable tech stock

According to the Economic times, Microsoft has surpassed the trade done by Apple to become the most loved company in the last few years. As per Business Insider , the move was a surprising one as...

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Fears of escalating US-China trade war leaves some G20 leaders spooked

The leaders - 35 men and two women - posed for the "family photograph" traditionally taken at G20 gatherings, before heading to the plenary chamber room for initial round-table discussions, to be fo...

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Powell's Dovish Remarks Were A Plus, But There's Still More To Come

Powell's Dovish Remarks Were A Plus, But There's Still More To Come

An expected December rate increase was further cemented into place. "We know that things often turn out to be quite different from even the most careful forecasts", Powell said at an Economic Club o...

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Oil rises after Russian Federation leans toward cut

Oil rises after Russian Federation leans toward cut

Futures for WTI crude oil for January in electronic trading on the NY Mercantile exchange (NYMEX) is $49,56 per barrel, or $0.73 per (1.45 percent) below the level of the previous session. But despite...

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GM to close North American plants in major overhaul

GM to close North American plants in major overhaul

Workers at the General Motors plant in Oshawa are heading back to the assembly line one day after learning the plant will close next year . The sudden and apparently irreversible closure of one o...

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Canada on track for Friday signing of USMCA once details finalized: Freeland

Canada on track for Friday signing of USMCA once details finalized: Freeland

The deal is a reworking of the 1994 North American Free Trade Agreement, which underpins $1.2 trillion in trade between the three countries. "This has been a battle, and battles sometimes make great...

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Markets may have misread Powell speech, analysts say

Markets may have misread Powell speech, analysts say

The report found that funding risks are relatively "low" compared to the period leading up to the financial crisis. Clearly some speculators are holding fire until the G20 summit is out of the way. I'...

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Ohio Senators speak up in wake of GM plant closings

Ohio Senators speak up in wake of GM plant closings

Preliminary trade deals with the Canada and Mexico, as well as the European Union, seemed to cool Trump's desire for auto tariffs. "This is a big headwind for the US consumer", he said . Even BMW's...

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Deutsche Bank offices searched under money laundering investigation

Deutsche Bank offices searched under money laundering investigation

The bank is being investigated on money-laundering suspicions raised by a 2016 data leak. In 2016 alone, more than 900 customers are alleged to have transferred €311m to one such company in the Brit...

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U.S. will examine how to 'equalize' auto tariffs with China

U.S. will examine how to 'equalize' auto tariffs with China

China is hoping for "positive results" in resolving a trade dispute with the United States at a G20 summit in Argentina , the commerce ministry said today, ahead of a closely watched meeting ...

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Microsoft Secures $480 Million U.S. Army HoloLens Contract

Microsoft Secures $480 Million U.S. Army HoloLens Contract

A Microsoft spokesman said: " Augmented reality technology will provide troops with more and better information to make decisions ". If successfully trailed, the deal could lead to the sale of ove...

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Oil Futures Plummet 7 Percent to Lowest Level In Over A Year

Oil Futures Plummet 7 Percent to Lowest Level In Over A Year

That prompted the country to cut subsidies, introduce a sales taxes and tap global bond markets three times in less than a year, borrowing billions to balance its books. Oil prices on Monday clawed ba...

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Fed Chief's Remarks On Economy And Interest Rates Cheer Investors

Fed Chief's Remarks On Economy And Interest Rates Cheer Investors

The markets interpreted this as a signal that the Fed is near the finish line in its rate hikes; the USA dollar and bond yields declined accordingly. He also described the Fed's cautious approach towa...

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U.S. to Explore Imposing Higher Tariffs on Chinese-Produced Cars

U.S. to Explore Imposing Higher Tariffs on Chinese-Produced Cars

President Trump has threatened to impose a 10 per cent tariff on iPhones imported from China days before he is due to meet President Xi for trade talks. He added that there will also be discussion a...

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Canada Post warns some parcels will be delayed until the New Year

Canada Post warns some parcels will be delayed until the New Year

Canada Post employees were back at work in Montreal Tuesday afternoon after spending the morning on the picket line. Protests before the legislation came into force were held at Canada Post sites fr...

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Microsoft Has Beat Apple To Become The Most Valuable US Company

Microsoft Has Beat Apple To Become The Most Valuable US Company

The stock dropped 2.1 percent before the bell, a decline that implied its market capitalization would open below that of Microsoft Corp. Microsoft surpassed Apple as the most valuable company ...

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Brexit deal will herald a brighter future for Britain, declares May

Brexit deal will herald a brighter future for Britain, declares May

Arriving at this point in the divorce has been a struggle: 17 months of fraught negotiations, marked by nonstop bickering within May's own leadership team, including a string of high-profile resignati...

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GM plans 10,000 job cuts, five plant shutdowns in North America

GM plans 10,000 job cuts, five plant shutdowns in North America

This story also originally indicated that Senator Portman asked GM CEO Mary Barra to commit to bringing a new product to the plant. The move provoked an immediate rebuke from President Donald Tru...

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