[an error occurred while processing the directive]

Stories about Finance

Dec 13 2018

Oil prices show increasing momentum amid oil production cut

They discussed the "state of the oil market" and energy cooperation between the two countries during a meeting in eastern Dhahran city, the minister, Khalid al-Falih, sa...

Dec 13 2018

Opec cut throws wrench into record oil short-selling streak

As Al-Falih is surely aware, the US this month briefly became a net exporter of oil for the first time in seven decades, with August production rising at the fastest ra...

Dec 11 2018

Winter storm knocks out power to more than 200,000 customers

Cooper said some crashes had caused major delays on interstate highways. More than 82,000 were without power in SC, while a total of about 75,000 outages were reported...

Dec 07 2018

Huawei arrest: How does extradition to the US work?

A month later, Washington and Beijing reached a deal that would strike ZTE from the sanctions list - just days after China reportedly offered to ramp up purchases of U....

Dec 06 2018

Huawei's global chief financial officer arrested in Vancouver

In a statement to Daily Hive, Federal Department of Justice spokesperson Ian McLeod confirmed that Wanzhou Meng was arrested in Vancouver on December 1. "The arrest of Hu...

Dec 05 2018

What Trump Expects by Giving China a 90-Day Tariffs Break

The Republican president indicated he would not be opposed to extending the 90-day truce he and Chinese President Xi Jinping agreed to over the weekend. "If it is we wi...

Dec 05 2018

USMCA takes significant step for trade

Trump, Canadian Prime Minister Justin Trudeau and Mexican President Enrique Pena Nieto signed a new trade agreement on Friday known as the United States-Mexico-Canada A...

Dec 03 2018

USA agrees to suspend new China tariffs for 90 days

If no deal is reached within 90 days, both parties agreed that the 10 percent tariffs will be raised to 25 percent , the White House said. "This was an fantastic and p...

Nov 30 2018

German police search Deutsche Bank offices in tax haven case

Police and the public prosecutor's office raided Deutsche Bank's offices in Germany, including the head office at Taunusanlage in Frankfurt , the bank said . Deutsche...

Nov 28 2018

Trump says doesn't believe own government's climate warning

However, he rejected the central warning in the National Climate Assessment , which said there will be hundreds of billions of dollars in losses by the end of the cent...

Nov 28 2018

Date Set for Theresa May’s Brexit Showdown With Hostile Parliament

He said: "It's no use us just brushing that off, saying "No, no, we can do a deal with America"; he's the President of the United States, and if he says it's going to be ...

Nov 28 2018

Trump Says May Cancel Putin Meeting At G20 Over Ukraine Conflict

With investors speculating that all these signs point to weakness in new iPhone sales, the Wall Street Journal reported last week that Apple , in October, cut its pro...

Nov 28 2018

GM to slash 14,700 jobs in North America

Now, GM says the Cruze will no longer be sold in the USA and production will end March 1. Trump said he expected General Motors to start manufacturing another type ...

Nov 25 2018

D&G: China shopping sites pull products in ad backlash

Nearly all major Chinese e-commerce sites, including Alibaba Group Holding Ltd.'s Tmall and JD.com Inc., have suspended the sale of D&G products in China . Dolce & ...

Nov 25 2018

EU Leaders Agree On Brexit Deal

But nothing in the negotiations has gone smoothly and the summit risked being derailed by a late objection to the deal by Spain over the British territory of Gibraltar...

Nov 21 2018

Goldman Sachs analyst slash his price target on Apple Inc

Particularly hard hit is the iPhone XR , which has seen order cut-backs twice since its introduction in September, according to the Journal . On Nov. Schwab Charles I...

Nov 21 2018

Thanksgiving 2018: Which Stores Are Open and Closed Before Black Friday

Not wanting to miss out on the extra revenue that Black Friday deals bring in, Best Buy will be opening up on Thanksgiving at 5 p.m.to offer a variety of deals on t...

Nov 20 2018

Nissan to oust Chairman after finding ‘significant acts of misconduct’

For the past two decades, Ghosn has maintained an unusually high profile in a nation where foreign chief executives of major Japanese companies are still relatively rare....

Nov 20 2018

Bitcoin slides to a new low this year at below US$4500

However, the market's performance on Monday quickly extinguished those hopes, with Bitcoin's total market value dropping 12.6% to $86.67 billion in just a few hours. ...