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Category: Business

    • in Business
    • — August 21, 2018

    PepsiCo buys Sodastream for $3.2bn

    The deal is likely to close in January. SodaStream CEO Daniel Birnbaum said the deal marked a "val...

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    Turkey detains two men over shooting at US embassy in Ankara
    • in Business
    • — August 20, 2018

    Turkey detains two men over shooting at US embassy in Ankara

    The attack coincided with a deepening row between Ankara and Washington over the trial of a USA past...

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    Elon Musk chokes up over most 'painful' year of his career
    • in Business
    • — August 20, 2018

    Elon Musk chokes up over most 'painful' year of his career

    Musk told The New York Times how he spent his birthday holed up in Tesla's offices as the com...

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    Trump claims tariffs on foreign nations will rescue U.S. steel industry
    • in Business
    • — August 17, 2018

    Trump claims tariffs on foreign nations will rescue U.S. steel industry

    On April 2, China hit back by adopting tariff hikes on 128 USA items, including pork, sparkling wine...

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    White House denounces Turkey tariffs on U.S. products
    • in Business
    • — August 17, 2018

    White House denounces Turkey tariffs on U.S. products

    The lira hit a record low of 7.24 against the USA dollar over concerns about President Tayyip Erdo...

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    United States says ready with more sanctions if Turkey does not free pastor
    • in Business
    • — August 17, 2018

    United States says ready with more sanctions if Turkey does not free pastor

    Turkey has sought to persuade the United States to spare Turkey's state-owned Halkbank from a threa...

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    Turkey to boycott U.S. products including iPhone, says Erdogan
    • in Business
    • — August 15, 2018

    Turkey to boycott U.S. products including iPhone, says Erdogan

    The Turkish currency has lost about 40 percent of its value this year against the US dollar. The...

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    • in Business
    • — August 15, 2018

    Saudi Arabia reins in oil production as demand forecasts waver

    Futures for September delivery increased 1.2 per cent to 519 yuan (S$104) a barrel on the Shanghai I...

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    • in Business
    • — August 15, 2018

    Turkey increases tariffs on some US imports, escalating feud

    Tension between the North Atlantic Treaty Organisation allies has been cranked up over Turkey's dete...

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    Firefighter Killed Battling Mendocino Complex Fire
    • in Business
    • — August 14, 2018

    Firefighter Killed Battling Mendocino Complex Fire

    Thick smoke and ash spewing from the fire prompted air quality warnings. The cooler temperatures g...

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    After Tesla Buyout Tweet, Some Investors Wonder: Where Was Nasdaq?
    • in Business
    • — August 14, 2018

    After Tesla Buyout Tweet, Some Investors Wonder: Where Was Nasdaq?

    Short-sellers aim to profit by selling borrowed shares, hoping to buy them back later at a lower pri...

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    • in Business
    • — August 14, 2018

    Euro on defensive as lira, EM currencies seen vulnerable

    Data showed the region's largest economy, Germany, picked up more steam than expected in Q2, althoug...

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    New Plan to Rescue Turkey's Deteriorating Economy
    • in Business
    • — August 13, 2018

    New Plan to Rescue Turkey's Deteriorating Economy

    The lira fell by a fifth against the dollar last week alone, but "even before the current crisis dro...

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    • in Business
    • — August 13, 2018

    Musk says Saudi fund supports Tesla buyout, talks continue

    Mr. Musk provided greater detail of his efforts to take the company private in a blog posted on Tes...

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    • in Business
    • — August 8, 2018

    Elon Musk Proposes Taking Tesla Private

    Trading in Tesla was halted at 2:08 p.m. ETpending the release of news. Tesla has a market value...

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    • in Business
    • — August 7, 2018

    Facebook wants your financial data to expand Messenger, says report

    Its latest effort? To try and convince banks to offer services inside Messenger, according to a new ...

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    • in Business
    • — August 5, 2018

    Adds 157,000 jobs in July; unemployment rate at 3.9%

    US hiring cooled in July after more-robust gains than previously reported , while the unemployment ...

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    China frustrates USA efforts to end Iran's oil exports
    • in Business
    • — August 5, 2018

    China frustrates USA efforts to end Iran's oil exports

    President Donald Trump of the United States of America had also informed that he is willing to m...

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    United States to analyze higher tariff on $200 billion of Chinese goods
    • in Business
    • — August 4, 2018

    United States to analyze higher tariff on $200 billion of Chinese goods

    He is also betting that the USA could wield more leverage because Beijing cannot match the tariffs...

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    Many Items to Qualify as Tax-Free over Weekend of August 3-5
    • in Business
    • — August 3, 2018

    Many Items to Qualify as Tax-Free over Weekend of August 3-5

    Examples include, but are not limited to, bathing suits, belts, boots, coats and jackets, costumes, ...

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    Apple is the first $1 trillion company in history
    • in Business
    • — August 2, 2018

    Apple is the first $1 trillion company in history

    Still, the iPhone maker's stock is still up 2.3% on Thursday, and up 31% over the past year. To pu...

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    Tesla posts $717m loss yet beats revenue predictions
    • in Business
    • — August 2, 2018

    Tesla posts $717m loss yet beats revenue predictions

    The overall performance pleased investors enough to send Tesla stock up more than 11 percent in af...

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    • in Business
    • — August 2, 2018

    Turkey says to retaliate against USA decision to impose sanctions over pastor

    The United States has blamed both for being involved in Brunson's arrest and detention. Mr Brunson...

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    • in Business
    • — July 30, 2018

    Trump, EU Join Hands to Eliminate Trade Tariffs

    This has strategic consequences for the bloc in general and for Germany in particular as Europe seek...

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    After $120B Stock Tumble, Facebook Investors Claim Fraud
    • in Business
    • — July 30, 2018

    After $120B Stock Tumble, Facebook Investors Claim Fraud

    According to the complainant, the marketplace was "shocked" when "the truth" began to emerge on Wedn...

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    Facebook is sued after stock plunge 'shocked' market
    • in Business
    • — July 28, 2018

    Facebook is sued after stock plunge 'shocked' market

    In North America, the daily user number was flat at 185 million, and in Europe it actually declined ...

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    Met Office issues yellow thunderstorm warning for Kent
    • in Business
    • — July 27, 2018

    Met Office issues yellow thunderstorm warning for Kent

    The company tweeted that "unprecedented high temperatures" were "affecting the operation of air cond...

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    Facebook user numbers disappoint, stock nosedives
    • in Business
    • — July 26, 2018

    Facebook user numbers disappoint, stock nosedives

    In addition, Facebook said its daily active users rose 11 percent from a year earlier to 1.47 bi...

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    • in Business
    • — July 25, 2018

    Fiat Chrysler CEO Sergio Marchionne, dies aged 66

    FCA has said Manley will work to ensure a "strong and independent" future for the group. Chase Car...

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    Alphabet soars to record after earnings wallop estimates
    • in Business
    • — July 24, 2018

    Alphabet soars to record after earnings wallop estimates

    The future of the Android mobile operating system - which powers more than 85% of smartphones - ha...

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    • Top picks

      • Elon Musk Proposes Taking Tesla Private8/08/2018
      • Facebook wants your financial data to expand Messenger, says report8/07/2018
      • Adds 157,000 jobs in July; unemployment rate at 3.9%8/05/2018
      • China frustrates USA efforts to end Iran's oil exports8/05/2018
    • Weekly News

      • United States to analyze higher tariff on $200 billion of Chinese goods8/04/2018
      • Many Items to Qualify as Tax-Free over Weekend of August 3-58/03/2018
      • Apple is the first $1 trillion company in history8/02/2018
      • Tesla posts $717m loss yet beats revenue predictions8/02/2018
    • Latest News

      • Trump claims US close to 'big' trade agreement with Mexico8/28/2018
      • PepsiCo buys Sodastream for $3.2bn8/21/2018
      • Turkey detains two men over shooting at US embassy in Ankara8/20/2018
      • Elon Musk chokes up over most 'painful' year of his career8/20/2018
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    Tuesday 28 August 2018

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