Markets

China hits back after U.S. imposes tariffs worth $34bn

For Australia, the immediate risks include lower commodity prices and lower Chinese demand for exports, including education and tourism. Trump has railed agai...


Iranian oil imports dip 25 per cent in June

While the U.S. wants all countries, India included, to reduce oil imports from Iran to zero, Washington's ambassador to the UN Nikki Haley had said a fortnigh...


Iran says Trump 'destabilising' oil market

Trump's order for oil producing countries to raise output "is very insulting to the people of these countries and would undermine their national sovereignty and...


JetBlue Flight Attendants Saved French Bulldog Who Couldn't Breathe on Flight

Burt identified Renaud and Diane as the flight attendants who helped save her dog. Darcy, a three-year-old French bulldog, started panting heavily on her fl...


What a trade war means for you

The list of goods affected by the new tariffs includes seafood, fruits and vegetables, grains and tobacco. Beijing immediately retaliated with similar duties o...


Erdogan takes on new powers, names son-in-law finance chief

Erdoğan took his oath in parliament on July 9 after being elected as the country's president in the June 24 elections, in which he garnered 52 percent of th...


Eritrea: Ethiopian Leader Arrives in Eritrea for Landmark Summit

Images of the ceremony showed the two men sharing a wooden desk, backed by their nations' flags, as they simultaneously signed the document. The scenes were u...


Timehop’s data breach compromised 21 million accounts

Users have also been logged out of their Timehop accounts as a security precaution. Timehop revealed that its security was breached and that the data of 21 ...


Erdogan sworn in as Turkey's president with vast new powers

Erdogan, who has dominated Turkish politics for 15 years, says the powerful new executive presidency is vital to drive economic growth, ensure security after a ...


Asian oil refiners race to secure crude supplies amid trade war

Brent crude futures were down 7 cents, or 0.1 per cent, at $77.32. Meanwhile, Chinese state media has unleashed a full-on propaganda blitzkrieg, slamming Trum...


Michael Gove urges hardline Tory Brexiteers to back Prime Minister's Chequers plan

May told the BBC that the plan, which her fractious Cabinet endorsed after a marathon meeting, would allow Britain to make good on its Brexit commitments whil...


Weapons of trade war: What might China have up its sleeve?

The first round of these tariffs were due to take affect at 4pm NZT. China's soymeal futures fell more than 2 percent on Friday afternoon before recovering ...


Most senior Brexit official quits United Kingdom government

It also puts a question mark over whether the leader will try to weather it and stand firm in her commitment to pursue a "business friendly" Brexit, or will be ...


Starbucks To Eliminate Plastic Straws In Its Stores By 2020

The coffee giant said Monday that it will replace the ubiquitous plastic straw with recyclable "strawless lids", as well as straws made from biodegradable mater...


US city says to stop sucking on plastic

Greenpeace says 40% of plastics in the ocean are from single-use plastics, KIRO reported. Starting July 1, restaurants in the Emerald City are now barred fr...


Thai cave rescue: Operation resumes for remaining 9 who are trapped

But a father of one of the boys told Reuters parents "can't visit our boys in hospital" and that "we have not been told which child has been brought out". Wh...


ZTE appoints new management to comply with its USA deal

But in return, the Chinese tech firm had to pay a $ 1 billion fine , put $400 million in escrow in case of future violations, allow a us compliance team to be e...


Netflix Testing New, Pricier ‘Ultra’ Subscription Tier

Should the Ultra plan become a reality and Netflix adopts changes in the lower-priced Premium and Standard plans, some USA homes with multiple TVs and other scr...


Canada trade deficit expands as imports rise, exports edge down

Statistics Canada reported Friday that Canada's merchandise trade deficit with the world totalled $2.8 billion in May, widening from a $1.9 billion deficit in...


The rise in the USA unemployment rate isn’t bad news

Wage growth remained sluggish, however, and was effectively erased by inflation: average hourly earnings rose just 0.2 percent to $26.98, putting wages up 2.7 p...