Markets

Amazon Prime Launches, New Threat for Retailers

Customer must order at least three items to have a Prime Wardrobe order shipped and can try up to eight items per order, for which there is no minimum dollar ...


Mexico elections underway amid disgust with corruption, violence

The PRI, which dominated Mexican politics for almost the entire 20th century and recaptured the presidency in 2012, was set to suffer heavy losses not just for ...


How will Mexico's new president shake up NAFTA negotiations?

Mexico's main stock index and the peso were both down Monday, but analysts at Banco Base attributed the currency's drop to broader global movement in favour of ...


EU warns Trump: auto tariffs could lead to $300B retaliation

The EU has targeted $3.2 billion in American goods exported to the 28-member bloc, including bourbon and Harley Davidson ( HOG.N ) motorcycles. " The European...


Iran to allow private sector to export oil, beat United States sanctions

Top US Treasury and State Department officials will visit Gulf states this week to discuss imposing sanctions on Tehran following Washington's withdrawal from t...


Trump threatens action on WTO after reports he wants to withdraw

Draft legislation ordered by President Donald Trump would give him the power to raise tariffs at will, without congressional approval, Axios reported on Sund...


Dell confirms plan to return to public markets

The shares, worth about $17 billion as of Friday, were created to mirror the value of software maker VMware Inc., in which Dell has a controlling stake. In 20...


LeBron James' business, basketball worlds collide in Los Angeles — Showtime

U.S. media reports said the Lakers move was sealed following a meeting late Saturday between James and the team's president of basketball operations, Magic John...


HTC is firing 25% of its staff to cut costs once again

The workforce which HTC plans to lay off makes up around a quarter of the 6,450 staff it employed globally as of June. HTC was once the name behind one in t...


GM WARNS: Trump's tariffs 'undermine our ability to compete' (GM)

The US leader had already threatened to impose tariffs on cars imported from the European Union, in response to the bloc's retaliatory tariffs last week on popu...


'Not talking about pulling out' of WTO

Trump would need congressional approval to pull the U.S. out of the WTO , something he is unlikely to receive. "It's much too costly for the U.S.", said Trump....


Automakers, manufacturers oppose Trump call for auto tariffs

Last month, the Trump administration said it was considering imposing a 25% tariff on imported cars. General Motors warned Friday that it could be force...


Trump blasts OPEC over manipulating oil markets

The U.S. President has been very active in urging OPEC to start pumping more oil in a bid to tackle rising prices at the pump at home ahead of mid-term elec...


Canada Imposes Retaliatory Tariffs on US Goods

The decades-old trilateral trade agreement has been a frequent target of Trump, who has criticized large trade deficits the US has with Mexico and Canada. "Thes...


Tesla hits Model 3 manufacturing milestone, hours after deadline

At the time , Tesla was producing 3,500 of the vehicles per week, he said. Musk said the company hit its target of 5,000 Model 3s in a week, according to an...


England squad arrive in Kaliningrad for Belgium clash

After some final World Cup group matches seemed to turn into "non-games" with teams barely playing or seeming unwilling to score, Federation Internationale de...


Iran vice president says private sector to buy, export oil

The White House later walked back the president's comments, saying the king said his country can raise oil production if needed. "Iranian crude oil will be of...


Thyssenkrupp, Tata sign deal to become Europe's second biggest steelmaker

It will employ about 48,000 workers in Germany, Britain and the Netherlands. Heinrich Hiesinger, CEO of ThyssenKrupp said that "the joint venture not only add...


Man overboard found 22 hours later by another cruise ship

According to the Coast Guard, the crews searched a combined 1,630 square miles. "The probably started around 10 o'clock". The crew member was seen going over...


Kuwait to raise oil output by 85000 bpd -minister

It would also likely aggravate other OPEC members, such as Iran and Venezuela, which initially sought to prevent any increase as OPEC, along with allies led by ...