Markets

BMW's autonomous R1200GS on video

As odd as it is to see an autonomous vehicle cruising with no driver it's stranger still to see a motorcycle cruising with no one at the controls. The bike is c...


A new poll shows the biggest problem Republicans face in November's midterms

The shift is particularly acute in the US Midwest, where Democrats have enjoyed a 13-point swing in their direction since July, according to the poll. A new Qui...


Running Out of Tariff Options, China Takes Aim at American Companies

Treasury yields jumped. Offshore, the Chinese yuan sank 0.36% against the dollar . The United States and China have imposed tariffs on $50-billion of each ...


World's richest person Jeff Bezos commits $2bn to help homeless, pre-schools

The wealth that Bezos has amassed hasn't come without controversy, as many critics point to poor working conditions at his facilities while others say he does...


Turkey boosts lira as central bank surprises markets with big rate hike

Before the move by policy makers in Ankara Thursday, the run on the currency forced the central bank to deliver some tightening where it could. "Deterioration...


Iran Suffers Longest Gap In Oil Shipments To China Since 2015

Oil markets were also watching Hurricane Florence offshore the United States amid surging demand for gasoline and diesel, although crude output will not be affe...


Mark Carney will lead Bank of England through Brexit

Mr Hammond wrote to Mr Carney: "An extension of your term would ensure there is continuity at the Bank during this exceptional period and would also allow for...


Former PM Mulroney urges Ottawa to make a deal on NAFTA

When asked about Kudlow's comments, Foreign Affairs Minister Chrystia Freeland said bluntly: "He's not at the negotiating table". Mulroney said Justin Trude...


Fracking helped make the U.S. the world's oil king

If those estimates are right, it would mark the first time since 1973 that the US has led the world in output, according to government figures. Thanks to th...


China welcomes U.S. invite for trade talks, Asian markets relieved

The American Chamber of Commerce in China polled more than 430 United States companies operating in the country, providing the first detailed look at how Don...


Turkish lira surges against United States dollar

Turkish lira gained ground against the USA dollar on Thursday following Central Bank's move to raise interest rates. The lira has lost more than 40 per cent ...


Erdogan appoints himself chairman of Turkey's sovereign wealth fund

Rental and sale agreements in Turkey are often offered in euros and dollars to foreigners living in the country. In a speech to a traders' confederation in th...


Sports Direct's chairman stands down ahead of AGM vote

Simon Bentley, who is retiring after 11 years on the Sports Direct board, confirmed the potential merger at today's company annual general meeting (AGM). Howe...


China welcomes United States trade talks offer as new tariffs loom

The sides have been engaged in an escalating tit-for-tat trade fight for months but on Wednesday it emerged that US Treasury Secretary Steven Mnuchin had invi...


Ford Motors: Trump is wrong about making the Focus in the US

Trump tweeted Saturday that "Apple prices may increase because of the massive Tariffs we may be imposing on China - but there is an easy solution where there w...


Median Household Income Rose 1.8% in 2017, Census Bureau Figures Show

The 2017 median income is the highest level reported by the Census Bureau, but the agency changed the methodology used to calculate the figure in 2013, complica...


Australian miners unearth ‘once-in-a-lifetime’ gold rock discovery

RNC Minerals said on Monday it had found a 95kg stone containing 2,440oz of gold and a 63kg specimen containing an estimated 1,620oz at its Beta Hunt mine in W...


Met Arun Jaitley Before Leaving, to Settle 'Issues': Vijay Mallya

Gandhi tweeted. Congress added, the Finance minister must reveal details of his alleged meetings with Jaitley. The ruling on whether Indian tycoon Vijay Mally...


Oil prices climb as Iran sanctions loom

Oil prices rose on Tuesday as USA sanctions squeezed Iranian crude exports, tightening global supply despite efforts by Washington to get other producers to inc...


Putin, Xi make pancakes together

Russian Federation and Japan have been in dispute for seven decades over the islands and as a result have still not formally ended their World War Two hostiliti...


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