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Asian Markets Mixed; China PMI Beats Forecasts but Fails to Impress Investors

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Trump orders USA companies in China to look for alternative

China's announcement of $75 billion of new tariffs on the US ignited more Trump Twitter typing when he called Chinese President Xi Jinxing an "enemy", and...

Trump orders US companies to "start looking for alternatives" to China

China first announced it is imposing new tariffs on $75 billion worth of American goods. "Our Country has been losing HUNDREDS OF BILLIONS OF DOLLARS a year t...

Tesla's stock jumps after report of investment interest by German automobile makers

This is according to a report in the German business publication, Manager Magazin reported. It states that one of Diess' top company managers spilled the info...

Democratic presidential hopeful Rep. Seth Moulton drops out of 2020 race

The Massachusetts lawmaker is the third candidate to exit the field in the past week, following John Hickenlooper and Jay Inslee . The nominee will take on P...

Trump Hits Back at China With More Tariffs Following China’s Retaliation

After a meeting between Trump and Chinese President Xi Jinping in July, Beijing offered to alter its plans, but talks are now deadlocked over how to enforce a...

India Government to Rollback Higher Surcharge on Foreign Portfolio Investors

She gave a brief a picture of what is happening globally. "NBFCs are receiving liquidity from the banks, and NBFCs are also moving towards funding of people g...

Donald Trump: 'Who Is Our Bigger Enemy, Jay Powell or Chairman Xi?'

Many of them, Powell noted, are linked to the administration's trade wars with China and other countries, though his outlook remained cautiously optimistic. M...

Beijing warns Washington against new tariff action, vowing to retaliate

The tariffs of 10% and 5% take effect on two batches of goods on Sept 1 and Dec 15, the official Xinhua News Agency said . Some of the tariffs will take effect...

13 new pot shops set to open in Toronto

Noah Soberano, whose planned outlet at 1135 Richmond St. would be steps from Western University's main gates and the infamous Broughdale neighbourhood. Companie...

Overstock CEO resigns citing involvement in government investigations

The announcement by Patrick Byrne of his resignation took many by surprise, and his stepping down follows on the heels of an interesting press release that ...

German bunds suffer after August manufacturing PMI cheers market investors

It confirms new business growth slowed to its weakest level in a decade "driven by a sharp loss of momentum across the service sector". Over 55% of survey res...

North Bay cannabis store chosen in provincial lottery

Both are listed as proposing a store at 20 Simcoe Street South. The province's regulatory agency for Ontario's cannabis stores, the Alcohol and Gaming Commiss...

Lowe's Stock Soars; Sales Growth Beats Home Depot

The Dow Jones Industrial Average gained as much 280 points on Wednesday following the release of the Federal Reserve's meeting minutes from July 30 to July 31...

China vows to retaliate if United States imposes new levies

Trump has slapped steep tariffs on $250 billion in Chinese goods, with a further $300 billion in imports targeted for new duties in two more rounds, Septembe...

Direct London to Sydney flights a step closer with Qanats tests

The test flights scheduled for October, November and December will move the airline closer to that target and enable Qantas , alongside medical experts, to tes...

Trump Wants Russia Back in G7

Macron has maintained a testy relationship with Putin over the last two years but has also insisted that links should not be broken even at a time of rising ten...

The chicken sandwich tweet that started the latest viral Twitter debate

Chick-fil-A tweeted Monday a seemingly simple message about their no-frills recipe for success that has acted as a catalyst for the next great Twitter food fi...

China Loan Prime Rate

Despite economic growth nearing 30-year lows, analysts say China's central bank has been reluctant to cut interest rates system-wide due to fears of adding to a...

Amazon opens biggest global campus in India, can accommodate 15,000

Telangana Home Minister Mohammed Mahmood and Industries and IT Secretary Jayesh Ranjan participated in the inauguration. INDIA EXPANSION Amazon's launch of...

Global stocks mostly rise ahead of US Fed release

Wake up Federal Reserve. Powell suggested that the July rate cut should not be seen as "the beginning of a lengthy cutting cycle", but President Donald Trump...

It’s ‘quite possible’ the Fed is divided amid Trump's attacks: Economist

In an op-ed in the Financial Times , Minneapolis Fed President Neel Kashkari argued that a rate cut is necessary next month, and that the central bank needs to...

New Rules on Migrant Child, Family Detentions Expected

Homeland security officials believe that time limits on the detentions of migrant families has driven the surge of Central American families crossing the border...

United Kingdom to 'unshackle' officials from most European Union meetings ahead of Brexit

Prime Minister Boris Johnson , who came to power almost a month ago, has promised to take Britain out of the European Union on October 31 with or without a d...

Yields rise from three-year lows, trade concerns remain

Compared to the free-swinging and sometimes emotional stock market , the bond market is supposed to be the sober and measured one. Yields on 10-year U.S. T...

Portugal: Ryanair crew on strike from today until Sunday

The union said earlier this week that because Ryanair "has wasted time with unnecessary court action, their chance to resolve the dispute involving their pilots...

Tesla sued by Walmart over solar panel fires

Walmart's inspectors found that Tesla "had engaged in widespread, systemic negligence and had failed to abide by prudent industry practices in installing, opera...

U.S. Steel temporarily cutting nearly 200 jobs from Ecorse plant

Steel plant in Ecorse will temporarily cut 200 jobs from the facility. In a previous filing, U.S. Steel cited lower steel prices and weakening demand for idling...

BHP to weigh pullout from coal mining, CEO says

While the trade dispute was putting a dampener on global economic growth, it had not yet affected demand for BHP's commodities such as iron ore, copper and ...

US Delegation Will Visit Switzerland to Discuss Crypto and Libra

The delegation will reportedly meet with the Swiss Federal Data Protection and Information Commissioner, Adrian Lobsiger, to discuss digital currencies and ex...

US Commerce Department extends reprieve allowing companies to sell to Huawei

Shortly after the ban was announced , the Commerce Department granted Huawei a 90-day stay of execution in a move it said was created to "minimize disrup...

Google Suspends its Mobile Insights Service for fears of Data Privacy Issues

Google is already facing its first GDPR probe from regulators because the European Union data privacy legislation enters its second year, and due to recent c...

Trump, Johnson discuss Brexit, economic issues in call

The letter was published ahead of talks with German chancellor Angela Merkel and French president Emmanuel Macron later this week. That puts Britain on course f...

Rakuten releases mobile app for trading Bitcoin and other coins

To ensure the security of crypto asset transaction services, Rakuten Wallet said that crypto assets owned by Rakuten Wallet and customers are physically s...

Historic 'Porsche' fails to sell amid auction blunder

The report suggests that the vehicle was not sold due to an error in the auction. Bids of $13 million, $14 million and $ 17 million were erroneously listed as ...

Over 1.7 Million Hongkongers Defy Heavy Rain to Protest Police Violence

About a dozen police officers were also present. "Overall, these accounts were deliberately and specifically attempting to sow political discord in Hong Kong,...