Finance

Here's why Nike pulled its shoes off Amazon after 2 years

MORE NEWS THIS CATEGORIES

Wall Street sinks after Fed gives mixed signals on next move

The current chairman of the Federal Reserve, Jerome Powell , may not be an economist, but he is the exception. The Dow Jones Industrial Average fell 96.29 po...

Saudis unveil ‘undeniable proof’ Iran is behind attack on oil facilities

Displaying parts of drones and missiles which were recovered from the attack sites at Abqaiq and Khurais, Saudi defense ministry spokesman Turki al-Maliki s...

Khamenei Says Iran Officials 'Will Never Talk To America'

Oil prices slid on Tuesday, although the market remains on tenterhooks over the threat of a military response to attacks on Saudi Arabian crude oil facilitie...

Oil prices jump as attack on Saudi plant threatens supply

Trump also said the United States was " locked and loaded " for a potential response to the attack on Saudi Arabia's oil facilities . A prominent U.S. It sh...

Energy dept 'closely monitoring' fallout from Saudi attack

Locsin gave the statement after strikes hit Saudi Arabia, at Saudi Aramco's oil processing facilities in Abqaiq, as well as their oil field in Khurai. Brent cru...

Saudi Arabia and Russian Federation seek 'full conformity' from Opec+ producers

United Arab Emirates Energy Minister Suheil Al-Mazrouei said on Sunday that the group will do whatever necessary to stabilize the market, and that further ...

Saudi wants to enrich uranium under N-power plan

The new energy official, Prince Abdulaziz bin Salman bin Abdulaziz al-Saud, buckles down to work following years as a member of the Kingdom's delegation to th...

Trump delays tariff hikes on Chinese goods ahead of talks

The president called the postponement a "gesture of good will" in his tweet . China said it would exclude 16 categories of products from retaliatory tariff...

Trump signals could meet with Iran, as security hawk Bolton exits

Separately, Rouhani said Tehran would not negotiate with Washington while sanctions on his country are still being enforced by Washington. An hour befor...

"Big Move": Trump Praises China Tariff Exemptions As Trade Talks Approach

Beijing said in May that it would start a waiver program, amid growing worries over the cost of the protracted trade war on its already slowing economy . Th...

HKEX makes £29.6 billion bid for the London Stock Exchange

HKEX says the combination would create a leading market infrastructure group with a global footprint and, crucially, close ties to China. The Refinitiv deal w...

Bavaria Announces its Unfortunate Grille Addiction with The BMW Concept 4

Interestingly, the redesigned item is vertically positioned, with BMW claiming it references "legendary classics" such as the 328 and the 3.0 CSi. And if the no...

Driver filmed 'sleeping' at the wheel of Tesla

He didn't contact the police about the incident, even though he had the video to backup his story . " Tesla AutoPilot does not allow drivers to sleep be...

Labour Rebel Scorches Corbyn in Brexit Parliament Debate

He will warn that a snap election before the end of the year may fail to resolve the current deadlock. "The only way to break the Brexit deadlock once and for...

New Mercedes-Benz Vision EQS concept is 470bhp luxury EV

Cloaked in a visually stunning body created from carbon fibre, extreme levels of technology and functional design define the PF0, delivering a staggering perfor...

Wendy's to launch breakfast nationwide in 2020

The Breakfast Baconator fits a lot into a bun: an egg, six strips of Applewood smoked bacon, one square breakfast sausage patty, two slices of American cheese ...

British Airways grounds nearly all flights as pilots strike

For the next 48 hours, members of the British Airline Pilots' Association ( BALPA ) have said they will strike due to a dispute over pay. Thousands of pas...

WeWork's IPO put on hold because investors don't seem interested

Last week, The Journal reported that WeWork was considering an IPO at the $20 billion mark, less than half of the $47 billion private valuation it secured e...

Sitharaman blames millennials for slowdown, twitter breaks into laughter

The industry saw a 12.25% decline in production in April-August 2019 compared to past year. Automobile sales witnessed its worst-ever drop in August across ...

Juul warned over claims e-cigarette safer than smoking

Now no vaping product has been federally reviewed to be less harmful than traditional tobacco products, and that won't happen for a while. The letter tout...

Huawei drops lawsuit against U.S. over seized equipment - court filing

The equipment in question included computer servers, Ethernet switches, and other telecommunications gear that was sent to US for commercial testing and certifi...

Ohio Attorney General Dave Yost joins Google anti-trust investigation

Other attorneys' general are also concerned over how Google "processes and ranks search results to the extent to which it may not fully protect users' persona...

Frankfurt Motor Show: Volkswagen I.D 3 Makes Its Global Debut

At the Frankfurt Motor Show , Volkswagen offered its first tease of its next ID electric vehicle. Now, however, potential buyers will get their first look ...

JPMorgan Creates 'Volfefe Index' to Track Trump's Market-Moving Tweets

US President Donald Trump is not just tweeting haphazardly for your entertainment, his tweets are increasingly moving US markets and impacting interest rates,...

China, US to hold trade talks in October as mistrust remains

The Dow Jones Industrial Average rose 372.68 points, or 1.41%, to 26,728.15, the S&P 500 gained 38.19 points, or 1.30%, to 2,975.97 and the Nasdaq Composite add...

Facebook considering removing 'like' button

App analyst Jane Manchun Wong wrote in her blog that Facebook has started prototyping the hidden like/reaction count feature in its Android app. As mentio...

USA and China agree to October trade talks in Washington

A spokesperson for Lighthizer's department confirmed that the two sides talked and agreed to hold meetings in the United States capital "in the coming weeks"....

Prime Minister Narendra Modi arrives in Russian Federation for two-day bilateral visit

Prime Ministers @ AbeShinzo and @ narendramodi meet in Vladivostok . The leaders met on the first day of Russia's economic forum in the Pacific coast cit...

Wall Street bogged down by weak manufacturing data, trade worries

Apple, which relies on China as a key part of its supply chain, fell 1.5%, while chipmakers Nvidia dropped 2% and Qualcomm slid 3.4%. In an escalation of th...

German services shows resilience despite manufacturing crisis -PMI

IHS Markit and the Chartered Institute of Procurement and Supply said the United Kingdom economy was on track to contract by 0.1% in the three months to Septem...

Hong Kong's Carrie Lam to formally withdraw controversial extradition bill

The bill allowing Hong Kong residents to be sent to mainland China for trials sparked massive protests that have rocked the city since June. Her comments in a...

Facebook brings face recognition to all users, discontinues 'Tag Suggestions'

People new to Facebook or who had the "tag" feature operating will get word from the social network about the face recognition setting along with an easy way ...

Lamborghini Sian introduces 819hp hybrid V12

According to them, this is the first time such a thing has been done on a hybrid vehicle. The V12 engine, which alone produces 785 horsepower at 8,500 rpm, now ...

Gold edges up on US-China tariffs; dollar caps upside

Hong Kong's Hang Seng lost 0.1% to 25,601.70. Over the weekend, tariffs of 15% on USD110 billion worth of Chinese imports took effect as did tariffs of betwee...

USA manufacturing activity contracted in August

President Donald Trump said on Tuesday trade talks with China were going well, but he warned that he would be "tougher" in negotiations if the discussions d...