Canada and Trump administration at impasse — NAFTA negotiations

Two Ottawa sources directly familiar with the talks said a deal could be very close but stressed some challenging matters had yet to be solved. US President Donald Trump has been seeking to renegotiate the United States' trade agreements with o... More..

by | Published more than a month ago
Former SEC lawyer: Elon Musk 'funding secured' tweet didn't deserve a lawsuit
by | Saturday, September 29, 2018

Former SEC lawyer: Elon Musk 'funding secured' tweet didn't deserve a lawsuit

The announcement, made to his 22.7 million Twitter followers, caused Tesla's stock price to jump 6.4 percent, according to WSJ . The SEC allege that Musk upped it to $420 because the number is code in ...More..

by | Saturday, September 29, 2018

Elon Musk Is Having a Very Bad Week. So Are Tesla Investors

Musk denied, stating that it was just a beautification technique to make Tesla's 20 percent share increase look a bit more appealing. Tesla TSLA and the Securities and Exchange Commission were very close to...More..

by | Thursday, September 27, 2018

Iran: US wish to halt Iran's crude exports won't come true

The U.S. President spoke against the backdrop of rising oil price, which rose Monday to a four year-high at $81 per barrel and to $82 per barrel yesterday. The IIF said Iranian shippers were also providing gene...More..

Canada PM says won't be rushed on NAFTA, new deal not guaranteed
by | Thursday, September 27, 2018

Canada PM says won't be rushed on NAFTA, new deal not guaranteed

Speaking to reporters at the United Nations General Assembly, President Trump said: "His tariffs are too high, and he doesn't seem to want to move and I've told him forget about it, and frankly, we're thinki...More..

$100 Oil Is A Distinct Possibility - FleetPointFleetPoint
by | Thursday, September 27, 2018

$100 Oil Is A Distinct Possibility - FleetPointFleetPoint

The so-called 'OPEC +' group, which includes other oil producers, including the world's biggest Russian Federation, as well as Oman and Kazakhstan, met over the weekend to discuss a possible increase in crud...More..

Instagram Co-Founders Resign From Facebook After Alleged Clashes With Zuckerberg
by | Wednesday, September 26, 2018

Instagram Co-Founders Resign From Facebook After Alleged Clashes With Zuckerberg

Some saw this departure as a potential opening for Snapchat, given that the company's app has always been considered a major Instagram competitor; Facebook has even stolen more than a few of Snapchat's most p...More..

Michelle Guthrie Fired From Australian Broadcasting Corporation
by | Tuesday, September 25, 2018

Michelle Guthrie Fired From Australian Broadcasting Corporation

Guthrie was appointed to a five-year term as managing director in December 2015, the first woman to hold the role in the broadcaster's history. She said there is no justification for the Board to trigger the te...More..

U.S., China hike tariffs as trade war intensifies
by | Tuesday, September 25, 2018

U.S., China hike tariffs as trade war intensifies

But Beijing also said it was willing to restart trade negotiations with the United States if the talks are "based on mutual respect and equality", Xinhua said, citing a white paper on the dispute published by...More..

US crude stockpiles fall for a fifth week to 2015 lows
by | Monday, September 24, 2018

US crude stockpiles fall for a fifth week to 2015 lows

Trump weighed into the debate on Thursday via Twitter , saying "The Opec monopoly must get prices down now!" Crude oil prices moved in opposite directions Thursday morning as Brent was trending down and WTI ...More..

Porsche confirms it will no longer offer diesel engines
by | Monday, September 24, 2018

Porsche confirms it will no longer offer diesel engines

Porsche's chief executive Oliver Blume insists the company is "not demonising diesel ", but it's clear public demands are changing. He was quoted as saying the company wants to concentrate on "what we can d...More..

by | Monday, September 24, 2018

Saudi Arabia rejects Trump request to hike oil output

Looking ahead, crude oil prices await the release of US Energy Information Administration and Department of Energy inventory figures later this week. "The market does not have the supply response for a potent...More..

India airliner turns back due to bleeding passengers
by | Saturday, September 22, 2018

India airliner turns back due to bleeding passengers

The carrier said it has taken the cockpit crew off duty pending an investigation into the incident. In January, Jet Airways grounded two pilots following reports of a fight inside the cockpit of a flight fr...More..

Audi electrifies SUV market with e-tron
by | Friday, September 21, 2018

Audi electrifies SUV market with e-tron

The 396-volt battery pack is roughly 90 inches long, 63.6 inches wide and 13.4 inches high, and it weighs over 1,500 pounds, including the housing pan and crash structures. "We see charging installation as a ve...More..

United States congressmen call out China leadership over trade war stance
by | Thursday, September 20, 2018

United States congressmen call out China leadership over trade war stance

President Donald Trump chose to begin taxing the imports - equal to almost 40 percent of goods China sold the United States previous year - after a public comment period. Neither government has officially annou...More..

Dena, Vijaya, BoB to merge and form country’s 3rd largest bank
by | Wednesday, September 19, 2018

Dena, Vijaya, BoB to merge and form country’s 3rd largest bank

Jaitley said the merger would create a sustainable mega-bank which would be third largest in the country. Past year on 21 August 2017, Finance Minister Arun Jaitley has announced that Union cabinet gave an ...More..

Coca-Cola, Aurora in talks about making cannabis-infused drinks
by | Tuesday, September 18, 2018

Coca-Cola, Aurora in talks about making cannabis-infused drinks

The companies would likely develop health-focused beverages that will ease inflammation, pain and cramping, the report said, citing sources familiar with the matter. "If they came out with a THC-infused drink, ...More..

by | Tuesday, September 18, 2018

Trump claims China tariffs successful

It will take effect on Sept 24 at a 10 per cent level and rise to 25 per cent at the end of the year, the person said. China retaliated against the first round of USA tariffs, which were applied mostly to Chi...More..

by | Sunday, September 16, 2018

Fifth case of strawberry contamination found in NSW

The needles were discovered in three strawberries in a single punnet, which a customer had bought from Coles in Engadine in Sydney's south. Reports out of three Aussie states have strawberry lovers checki...More..

Youth Vaping is an epidemic, says FDA
by | Sunday, September 16, 2018

Youth Vaping is an epidemic, says FDA

This epidemic is particularly troubling given the high addiction potential that products like JUUL present to youth. In a speech to FDA employees, Gottlieb said that rapid spike in teen use, emerging sales ...More..

Canada ready to allow USA dairy access in NAFTA talks
by | Friday, September 14, 2018

Canada ready to allow USA dairy access in NAFTA talks

Freeland and her counterpart, U.S. Trade Representative Robert Lighthizer , left the bargaining table Friday without a deal following two weeks of what she has described as intense, but productive, negotiation...More..

FBN’s Charlie Gasparino Torches Trump Over False GDP Claim: ‘Utter Bull Sh
by | Wednesday, September 12, 2018

FBN’s Charlie Gasparino Torches Trump Over False GDP Claim: ‘Utter Bull Sh

But as of 3.15 pm in NY, shortly after Hassett conceded the error and hours after the claim was challenged in news stories , Trump's false tweet about GDP and unemployment remained online. In an interview with...More..

Trump poised to tax an additional $200B in Chinese imports
by | Tuesday, September 11, 2018

Trump poised to tax an additional $200B in Chinese imports

Exports from the world's second biggest economy increased by 9.8 per cent while its imports rose by 20 per cent compared to the same month past year, according to customs data. That would mean penalties co...More..

Alibaba CEO Zhang to succeed Jack Ma as chairman
by | Tuesday, September 11, 2018

Alibaba CEO Zhang to succeed Jack Ma as chairman

Jack Ma , known for his oratorical skills, ended his letter with, "The one thing I can promise everyone is this: Alibaba was never about Jack Ma, but Jack Ma will forever belong to Alibaba ". Mr Zhang, who j...More..

BJP Only Bothered About Industrialists, Instead Of Fuel Prices: Congress
by | Tuesday, September 11, 2018

BJP Only Bothered About Industrialists, Instead Of Fuel Prices: Congress

In Delhi , petrol costs Rs 80.73 and diesel Rs 72.83. Since mid-August, petrol price has risen by Rs 3.24 a litre and diesel by Rs 3.74 per litre as rupee hit record low against the United States dollar, mak...More..