Economy

Shanghai Will Let Tesla Build 500K Cars a Year

Shanghai Will Let Tesla Build 500K Cars a Year

Tesla , which announced last June that it was in talks to build a plant in China, said it expects construction on the Chinese plant to begin "in the near future". Automakers are pouring billions o...

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Iran to only trade with countries that import its oil

Iran to only trade with countries that import its oil

However, oil prices have shot up and Trump , anxious about the impact on United States voters ahead of November midterm elections, is appealing to the Saudis for help. . "A key driver of the ris...

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China accuses Trump of launching ‘the biggest trade war in economic history’

China accuses Trump of launching ‘the biggest trade war in economic history’

The big question is how far the hostilities between Washington and Beijing will go. That came after President Trump warned that in the end, the US could target over $500 billion worth of Chinese...

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Canada tariffs on United States goods from ketchup to lawn mowers begin

Canada tariffs on United States goods from ketchup to lawn mowers begin

The response from Canada is created to be proportional, with the new taxes being based on the amount of steel and aluminum shipped a year ago from Canada to the United States. "The president is work...

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Canada Hits US With $12.6 Billion In Retaliatory Tariffs

Canada Hits US With $12.6 Billion In Retaliatory Tariffs

Trudeau and U.S. President Donald Trump spoke late Friday to discuss trade and other economic issues, the White House said Saturday. The Trump administration has also sought for months to rene...

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Tesla shares fall as analysts question sustainability of increased Model 3 production

Tesla shares fall as analysts question sustainability of increased Model 3 production

Tesla , he said , delayed delivery of numerous Model 3s that it made in the second-quarter to boost revenue and achieve the third-quarter profit that Musk promised. Tesla made true on its promise of...

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Amazon Wants to Promote Small Package Delivery Fleets

Amazon Wants to Promote Small Package Delivery Fleets

Watch out FedEx , UPS , DHL and the U.S. Postal Service: Amazon is building its own last-mile delivery service. If you're interested, you can apply online. Each potential partner will first be...

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Amazon to buy Somerville online pharmacy startup PillPack

Amazon to buy Somerville online pharmacy startup PillPack

PillPack strives to provide the best possible customer experience for people in the USA who take multiple daily prescriptions. "Together with Amazon, we are eager to continue working with partners acr...

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Erdogan's victory will have far-reaching implications for Turkey and the Middle East

Erdogan's victory will have far-reaching implications for Turkey and the Middle East

Aakara: The leader of Turkey's main Opposition party on Tuesday refused to congratulate President Recep Tayyip Erdogan on his decisive election victory, describing the strongman as a "dictato...

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Erdogan is declared victor of Turkey's presidential election

Erdogan is declared victor of Turkey's presidential election

The pro-Kurdish People's Democratic Party, whose presidential candidate Selahattin Demirtas was forced to campaign from jail, received the more than 10 percent of votes required to win seats in pa...

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Trump’s Message To Harley-Davidson: ‘We Won’t Forget’

Trump’s Message To Harley-Davidson: ‘We Won’t Forget’

It was unclear what taxes Trump was referring to, and why the company might have to pay them, since it will maintain production in the United States for U.S. He added: "The Aura will be gone and they ...

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Turkey's main opposition candidate concedes election but warns of '1-man regime'

Turkey's main opposition candidate concedes election but warns of '1-man regime'

Early Monday morning the Supreme Election Council announced Erdogan received the absolute majority in the presidential election with 53 percent of votes after 97.7 percent of ballots had been coun...

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Trump threatens 20 percent tariff on imported European cars

Trump threatens 20 percent tariff on imported European cars

This led to to fears China would impose retaliatory tactics, making US-made examples of the Mercedes GLE-Class , GLS-Class and C-Class more expensive to export to China. At a hearing this week, S...

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Chinese media denounces Trump trade moves as Beijing touts sincerity

Chinese media denounces Trump trade moves as Beijing touts sincerity

In a statement, Trump said he had asked the US trade representative to identify the Chinese products to be subject to the new tariffs . On Friday, after the Trump administration's first tariff ac...

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Supreme Court says states can require online retailers to collect sales tax

Supreme Court says states can require online retailers to collect sales tax

The cases the court overturned said that if a business was shipping a product to a state where it didn't have a physical presence , such as a warehouse or office, the business didn't have to col...

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Trump launches fierce attacks on Comey after release of watchdog report

Trump launches fierce attacks on Comey after release of watchdog report

Republicans on the House Judiciary and Oversight and Government Reform committees say they have "substantial questions about whether DOJ and Federal Bureau of Investigation properly analyzed and inter...

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Trump targets $50bn in China goods, vows more if needed

Trump targets $50bn in China goods, vows more if needed

The moves brought the world's two largest economies to the verge of an all-out confrontation long feared by markets an industry. Trump kicked off the action in March with the announcement that the U...

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Sheriff: 1 deputy killed, 1 critical in shooting in Kansas

Sheriff: 1 deputy killed, 1 critical in shooting in Kansas

One suspect was also shot and taken to an area hospital. It's very possible the deputies were attacked with their own guns, Bailiff said. Deputy Patrick Rohrer, 35, died at the hospital from his i...

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After teasing a name change, IHOP says

After teasing a name change, IHOP says "b" is for burgers

IHOP-erm-IHOb's new Ultimate Steakburgers are made with 100% USDA choice black angus beef. But still, it feels wrong to go into an IHOP and order a burger. Well, name changes aren't easy - just as...

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'Disappointing': Experts React To The United States-North Korea Summit

'Disappointing': Experts React To The United States-North Korea Summit

Photographs of the document signed Tuesday by President Donald Trump indicate he and the North Korean leader have agreed to "work toward complete denuclearization of the Korean Peninsula ". Stouffe...

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The Trump-Kim peace summit has been downgraded to a half-day

The Trump-Kim peace summit has been downgraded to a half-day

BBC Monitoring reports and analyses news from TV, radio, web and print media around the world. "Any agreement must instead lead to the dismantling of every aspect of north Korea's nuclear missile...

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Bitcoin tumbles as hackers hit S.Korean exchange

Bitcoin tumbles as hackers hit S.Korean exchange

The venues have come under growing scrutiny in South Korea, the US and other large economies in recent months amid a range of issues including thefts, market manipulation and money laundering. "For ...

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Trump threatens USA allies on trade as he exits G7 summit

Trump threatens USA allies on trade as he exits G7 summit

Trump recently ignited a trade dispute by imposing tariffs on his North American and European partners' steel and aluminium exports and repeated a threat to impose tariffs on vehicle imports. "T...

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Ghana FA headquarters seized as Police declare premises a

Ghana FA headquarters seized as Police declare premises a "crime scene"

Independent Ethics Committee has banned Ghana's Football Association (GFA) President Kwesi Nyantakyi over corruption. In the said video, Nyantakyi was seen extorting monies from investors by usi...

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This Trump G7 Press Conference In Quebec Was Something Else

In fact, Russian Federation was expelled from what was then the G-8 after its invasion and annexation of Crimea and its support for pro-Russia separatists in Ukraine. Trump is scheduled to address the...

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