Finance

EU warns of WTO challenge if China-US deal creates 'distortions'

MORE NEWS THIS CATEGORIES

United States job growth slows as unemployment rate holds steady

Professional and business services employment rose by 38,000 jobs last month. - Private employment rose by 148,000 after increasing 179,000; government payrol...

Square reports bigger quarterly loss; to sell Caviar to DoorDash

DoorDash is now integrated with Square for Restaurants point of sale , which streamlines the acceptance of online and in-person orders for merchants, and in th...

The Catch-up: Mark Carney warns of instant problems after no-deal Brexit

Speaking on Thursday after the publication of the bank's Inflation Report, Carney said that the bank can not necessarily deliver a growth-boosting package in th...

Entenmann’s Little Bites Soft Baked Cookies recalled due to blue plastic contamination

Entenmann's Little Bites Soft Baked Cookies are being recalled due to customer complaints of finding blue plastic pieces on these commercially baked products, ...

USA trade deficit falls 0.3% in June

The Labor Department's monthly jobs report, released Friday , is usually a market-moving event. The resulting tensions have also influenced the USA central b...

FTC says Equifax customers should choose credit monitoring instead of cash

The FTC now recommends that consumers choose the free credit monitoring service, which could be worth hundreds of dollars and comes with identity theft insura...

Chick-fil-A crowned America’s favorite fast-food chain, new survey says

But the burger chain scored better in terms of how much value customers felt they got for their money: 61 percent to Chick-fil-A's 54 percent. The survey gave...

Physical Amazon Dash Buttons to stop working

Amazon has been quick to inform us that this isn't the huge e-waste disaster it sounds like, and you can ship your dud Dash Buttons back to Amazon for recyclin...

Shell's Q2 Profits Drop On Lower Oil And Natural Gas Prices Report

Shell, the world's No.2. traded energy company, joins rivals Total and Norway's Equinor in reporting weak results for the quarter while BP reported stronger-tha...

U.S. adds a solid 164,000 jobs; unemployment rate stays 3.7%

Nominal average hourly earnings rose 3.2 percent over the past 12 months, marking the 12th straight month that year-over-year wage gains were at or above 3 perc...

IBM sees Red Hat deal as key to robust 'trajectory'

Red Hat OpenShift on IBM Cloud: A flexible, fully-managed service of OpenShift on IBM's public cloud deployable in one-click with automated resiliency, ...

Audi introduces new cheaper reduced-range e-tron

The new e-tron 50 quattro is created to open the e-tron model to a wider audience and it has been confirmed for series production and will launch in the United ...

French's mustard ice cream meets its match in Oscar Mayer

The sandwich, which features cookies as "buns", contains bits of candied hot dog meat and spicy mustard ice cream . The company made an announcement on Twit...

US tariff threat may compound Apple's iPhone woes: BofA

If Apple absorbs the tariffs, it could negatively affect the company's earnings for its 2020 fiscal year by roughly 4%, the analysts estimated. President Trum...

5 ways the US Fed's rate cut affects Canadians

The central bank reduced its benchmark rate by a quarter-point to a range of 2pc to 2.25pc. CBS News business analyst Jill Schlesinger joins "CBS This Morning" ...

LedgerX Fakes Approval From USCFTC For Physically Settled Bitcoin Futures, Agency Confirms

While the crypto-currency industry has waited for a long time with the Intercontinental Exchange (ICE) cryptocurrency platform Bakkt , the New York-based tradi...

Oil slumps to $61 despite OPEC output cut

If truth is to be told, a persistence decline in USA crude oil inventories despite a rebound of East-Coast offshore output by 12.2 million barrels per day follo...

French’s Launches Ice Cream for National Mustard Day

Mustard brand French's has created something nobody was asking for just in time for National Mustard Day this Saturday (3 August) - Mustard Ice Cream . On We...

United States manufacturing growth slows again in July | AP business

The U.S. economy has faced some tumult as President Donald Trump has escalated his trade conflict with China, yet the Federal Reserve voted Wednesday to cut a...

Amazon chief Bezos cashes in US$1.8b of share pile

Bezos, 55, the founder and chief executive officer of the world's largest online retailer and web-services company, retains a 12% stake worth $109 billion and r...

Global gold demand up 8 pct in H1

In Q2, global gold demand went up 8 percent from a year ago to 1,123 tonnes, which was mainly driven by the increase in the central banks' continuous gold buyin...

Sobeys to end plastic bags at its grocery stores by 2020

Canadians go through hundreds of millions of single-use plastic bags at grocery stores each year, and the chains - most of which charge a nominal fee for plasti...

Privacy commissioner opens investigation into Capital One data breach

Linda Lacewell, New York's financial services superintendent, said UniCredit, which is regulated in the state, had alerted her office to "the possible loss of c...

Manufacturing strengthens in July

The manufacturing sector activities improved in July as new work orders and output strengthened from the previous month, leading to increase in employment a...

US President Donald Trump ratchets up trade war with new China tariffs

The US has already applied tariffs of 25% on 250 billion dollars worth of goods from China. Trump announced the new tariffs in a series of tweets , faultin...

Apple reports 1% increase in fiscal 3Q19 sales

Apple in April started the assembling of iPhone 7 at its supplier Wistron's facility in Bengaluru. Apple revenue was led via iPhone sales, at nearly $26 billi...

Beyond Meat rival Impossible Foods gets FDA nod for 'bleeding' plant burger

Currently, Impossible Foods is sold in 10,000 restaurants in the US, Hong Kong, Singapore, and Macau. Beyond Meat, another California-based meat alternatives ...

Trump threatens 10% tariffs on China; stocks plummet on news

It was the first new soybean purchase by China since a 544,000-tonne sale was announced in late June, and the first since Beijing offered to exempt five private...

Dow Futures Bounce After Stock Market’s Biggest Selloff in Months

Stocks fell and bond yields rose after the Federal Reserve lowered its key interest rate for the first time in a decade but left investors feeling uncertain abo...

Facebook warns investors that its Libra cryptocurrency might not launch ever

He has provided assurance to the lawmakers that Facebook "will not be offering" its proposed digital currency Libra "until we have fully addressed regulator's...

Burger King launching meatless Impossible Whoppers nationwide

A meatless version of Burger King's iconic Whopper is coming to restaurants nationwide. Burger King trialed the vegetarian and vegan offering in Missouri an...

Grab to invest $2 billion in Indonesia using funds from SoftBank

Grab has unveiled plans to invest US$2 billion in Indonesia where it will look to develop the local digital infrastructure, including an electric vehicle transp...

Skype for Business is dying, start your Teams transition now

Microsoft today announced that Skype for Business Online will be retired on July 31, 2021 and also revealed the retirement plan around it. Those already using...

US, China end trade talks, no word on progress

Reuters is out with the latest update on the much-awaited US-China trade talks, citing that the US Trade Representative Robert Lighthizer and Treasury Secretar...

Samsung looks to chip recovery as Q2 profit falls 56%

The company posted operating profit of 6.6 trillion Korean won ($5.6 billion) for the three months to June, down 56% compared to the 14.87 trillion Korean won i...