Stories about Finance

Dec 01 2018

Trump downplays GM plant closings, repeats false claim about steel plants

The earlier rally was linked to Chief Executive Officer Mary Barra's plan to bolster cash flow by canceling production at five plants in the US and Canada and jettisoni...

Dec 01 2018

Nigeria, Saudi Arabia Strategise On Oil Market Stability

The choice facing Saudi Arabia at next week's OPEC meeting is dramatic: cut oil production and enrage Donald Trump, or keep pumping and risk ultra-low prices blowing up i...

Nov 30 2018

GM decision to close Canadian plant causes strong reactions

The automaker said that it would shut down propulsion-component plants in Maryland and MI, and idle two additional, unnamed assembly plants outside the US. "We recognize ...

Nov 30 2018

Xi states economic goals prior to G20 summit in Argentina

Rumblings of resistance to Trump's assault on the worldwide order were apparent as French President Emmanuel Macron said he would convene his fellow European leaders in...

Nov 28 2018

US Could Tariff iPhones and Laptops Imported from China

Ahead of the G20 meeting in Argentina, which begins on Friday, the USA president used a newspaper interview to warn China that he expects to move ahead on the imposition ...

Nov 24 2018

Climate change will batter USA economy, warns government report

The federal government on Friday quietly released a major report warning man-made climate change is real and already having a devastating impact on the United States ...

Nov 23 2018

Railway News from RailAdvent on your Amazon Alexa Device

But with this alliance continuing to grow, and Alexa now available as a Windows 10 UWP app to everyone, and very little new functionality for Cortana recently, we have to...

Nov 23 2018

Record-breaking cold temperatures greet Thanksgiving celebrations

A Cold Emergency Alert will provide additional services and support to protect people from life-threatening illnesses and injuries associated with severe cold weather. ...

Nov 23 2018

Spain insists on Gibraltar veto in Brexit deal

The DUP abstained in Monday night's Budget votes as a warning shot over what they say are her broken promises on Brexit. "That is what has to be made clear, and until i...

Nov 21 2018

U.S. crude oil inventories drop slightly last week: API

However, the bounce in oil prices had been short-lived as Russian Federation stated that they would want to take a wait-and-see approach with regard to a potential ...

Nov 17 2018

Xi Jinping: US-China trade war will produce no winners

Pence announced the US would be involved in ally Australia's plan to develop a naval base in Papua New Guinea, where the summit is being held. The nation's growing influe...

Nov 16 2018

Dow falls 100 in volatile session

Banks also took heavy losses. Unless the economy experiences significant deterioration in the following weeks and months, there's no valid justification for the Fed to en...

Nov 16 2018

"The Right One For My Country": PM May Defends Draft Brexit Deal

But the resignations, less than a day after the Cabinet collectively backed the draft divorce agreement, weakened May and emboldened her rivals within her Conservative Pa...

Nov 15 2018

Kevin McCarthy Easily Wins Bid to Lead Diminished House Republicans

Patty Murray of Washington state won a new term as assistant leader. Sen. According to President Donald Trump , who has been continuing to shock the world with his...

Nov 12 2018

Alibaba’s Jack Ma sets another Singles’ Day record before retirement

Alibaba Group logged 168.3 billion yuan (S$33.3 billion) in sales in 16 hours of its annual Singles' Day extravaganza, setting a record as shoppers swarmed the ecommer...

Nov 09 2018

India examining details of exemptions on buying oil form Iran

That is around half of what it has been buying daily from Tehran, on average, since the beginning of 2016. The United States, Russia and Saudi Arabia are all now pu...

Nov 08 2018

MI voters legalize recreational marijuana use

In the United States, Oklahoma voters overwhelmingly approved medical marijuana in late June, while Vermont legalized recreational use shortly after on July 1. Fracki...

Nov 07 2018

Amazon may decide to create two HQ2 locations, instead of just one

Numerous cities have been bidding for the online sales giant's second location - including Crystal City in Virginia .Amazon announced back in January it had narrowed i...

Nov 05 2018

Trump predicts finalized trade deal with China to be close

Though final decisions have not been made, US officials are preparing for such a scenario in case a planned Trump-Xi meeting yields no progress on the sidelines of a Grou...

Nov 02 2018

U.S. restricts Chinese chipmaker from buying American parts

The company should soon be completing a DRAM factory that could be the largest such factory in the world. " When a foreign company engages in activity contrary to our n...