'There are worries ahead': Experts react to Bank of Canada's rate hike

Governor Stephen Poloz said that while it was not easy for policymakers to set aside "all the talk" about trade, the bank hiked rates amid increasing confidence in its outlook, with Canada's economy firing on all cylinders despite the tensions. More..

by | Published more than a month ago
What Is the Endgame for the Trump Trade Wars?
by | Wednesday, July 11, 2018

What Is the Endgame for the Trump Trade Wars?

World stocks fell and the dollar rose Wednesday after Washington threatened to hammer Beijing with tariffs on a further $ 200 billion of Chinese imports, ratcheting up the global trade war . Senate Financ...More..

United States tariffs take effect, China retaliates
by | Wednesday, July 11, 2018

United States tariffs take effect, China retaliates

The Chinese government on Monday convened a meeting of a newly formed financial stability and development committee, headed by Vice-Premier Liu He, who led the trade talks with the US. According to CNN , a spok...More..

by | Wednesday, July 11, 2018

India's economy overtakes France to become sixth largest in the world

The country's gross domestic product (GDP) surged to $2.597 trillion at the end of 2017, compared to France's $2.582 trillion. India's economy rebounded strongly from July 2017, after several quarters of slow...More..

India cuts Iranian oil imports in June ahead of US sanctions
by | Wednesday, July 11, 2018

India cuts Iranian oil imports in June ahead of US sanctions

The secretary of State's comments came as the USA steps up pressure on Iran after President TrumpDonald John TrumpMcConnell to meet with Trump's Supreme Court pick Tuesday Kavanaugh offers lengthy judicial rec...More..

Iranian minister: Donald Trump’s order to OPEC ‘insulting’
by | Wednesday, July 11, 2018

Iranian minister: Donald Trump’s order to OPEC ‘insulting’

As India mulls to cease oil imports from Iran and rather import crude oil from Saudi Arabia and the US, Iran has issued stringent warnings to India. Iran snapped back at the accusation of OPEC price gauging, ...More..

Bulldog saved by tiny oxygen mask on JetBlue flight
by | Wednesday, July 11, 2018

Bulldog saved by tiny oxygen mask on JetBlue flight

Three-year-old Darcy and her owner were flying from Florida to MA on Thursday when the pup's tongue and gums started to turn blue inside her carrier, according to ABC News . After Darcy breathed through the ma...More..

Gazza's message for Southgate and his England squad
by | Wednesday, July 11, 2018

Gazza's message for Southgate and his England squad

This is, of course, in no way connected with how our writers may or may not have been feeling themselves at the time. England fans sing their football anthem " Three Lions ( Football's Coming Home )", origin...More..

US lists US$200b in Chinese goods to be hit with tariffs
by | Wednesday, July 11, 2018

US lists US$200b in Chinese goods to be hit with tariffs

In the case of the China-U.S. squabble, Trump imposed aluminum and steel tariffs in early March in order to protect those American industries. Many others in the USA are already feeling the effects of the...More..

Tayyip Erdogan sworn in as Turkey's first executive president
by | Tuesday, July 10, 2018

Tayyip Erdogan sworn in as Turkey's first executive president

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 failed 2016 military coup and safeguard the countr...More..

Nissan admits falsifying emissions data, regrets 'misconduct'
by | Monday, July 09, 2018

Nissan admits falsifying emissions data, regrets 'misconduct'

Nissan has admitted that it falsified tests on exhaust emissions for its vehicles built throughout Japan . Reuters reports that both Nissan and sister brand Renault's shares have fallen since the anno...More..

Woman on oxygen tank dies after her power is cut off
by | Monday, July 09, 2018

Woman on oxygen tank dies after her power is cut off

Linda Daniels died after she was unable to use her electric powered tank after her power was cut at her New Jersey home. According to Daniels's daughter Desiree Washington, on Thursday various members of the ...More..

Erdogan vows to advance Turkey under new governance system
by | Monday, July 09, 2018

Erdogan vows to advance Turkey under new governance system

An adviser to Erdogan later said that the governor's term would remain at five years. Under the new system , Erdogan leads the state's executive branch and has the right to appoint and dismiss vice-president...More..

Nostalgic social network 'Timehop' loses data from 21 million users
by | Monday, July 09, 2018

Nostalgic social network 'Timehop' loses data from 21 million users

However, the access tokens that allow the app to link with social media sites such as Facebook, Twitter and Instagram were compromised, potentially allowing the thieves to view social media posts. Installing ...More..

UK: Dominic Raab replaces David Davis as Brexit Secretary
by | Monday, July 09, 2018

UK: Dominic Raab replaces David Davis as Brexit Secretary

At a summit at Chequers in the English countryside on Friday, all 12 cabinet members agreed to a plan that would follow European Union rules on goods to ensure "frictionless" trade and allow European Union cour...More..

Starbucks, citing ocean threat, is ditching plastic straws
by | Monday, July 09, 2018

Starbucks, citing ocean threat, is ditching plastic straws

Starbucks announced it plans on removing plastic straws from its 28,000 stores by 2020. Starbucks ( sbux ) will replace plastic straws with recyclable strawless lids, which it will serve with all of its iced ...More..

Seattle becomes first to ban drinking straws
by | Monday, July 09, 2018

Seattle becomes first to ban drinking straws

Neither are plastic utensils in the latest push to reduce waste and prevent marine plastic pollution. A ban went into effect Sunday outlawing those particular straws and utensils at " all food service bu...More..

by | Monday, July 09, 2018

Starbucks sacks employee accused of mocking customer for stuttering

It appears that it wasn't until Lekwijit posted a picture of Sam's coffee cup on Facebook that Starbucks made a decision to take further action with a statement on July 2 saying they were going to addre...More..

It’s on: US, China tariffs take effect in new trade war
by | Monday, July 09, 2018

It’s on: US, China tariffs take effect in new trade war

Beijing insists it's the injured party. PRICE WATCH: Importers of American retail goods hit by higher Chinese duties were reluctant to pass the costs on to consumers for now. That amount is higher than an e...More..

Oil steadies as drilling increases in tight market
by | Monday, July 09, 2018

Oil steadies as drilling increases in tight market

On Thursday, the U.S. Energy Administration (EIA) announced that U.S. crude inventories had risen 1.2 million barrels in the week to June 29, to 417.88 million barrels. In other news , potential supply shortag...More..

Premier of the State Council of China Li Keqiang Visits Bulgaria
by | Monday, July 09, 2018

Premier of the State Council of China Li Keqiang Visits Bulgaria

China has promised billions of dollars for development projects in central and eastern Europe as part of its Belt and Road strategy to carve out new export markets. Li said economic reform had played a critic...More..

Markets Right Now: Stocks open higher on Wall Street
by | Monday, July 09, 2018

Markets Right Now: Stocks open higher on Wall Street

A solid pickup in hiring by USA employers last month helped keep investors in a buying mood. But although the S&P 500 on some days has been hit hard by signs of an escalating trade conflict, the index rose ...More..

Iranian oil minister calls Trump's order to OPEC insulting
by | Monday, July 09, 2018

Iranian oil minister calls Trump's order to OPEC insulting

At the same time, the U.S. president has been exerting pressure on his European allies to stop buying Iranian oil. "Every day, Mr. Trump has a new message or remark that causes concern in the market, or he gi...More..

Europe’s Biggest ETF Trader Enters the Crypto World
by | Monday, July 09, 2018

Europe’s Biggest ETF Trader Enters the Crypto World

Ironically, the Amsterdam-based speed trader has entered into cryptocurrency arena when its regulator continues to campaign against trading cryptocurrencies . Furthermore, ETNs are simple, straightforward and ...More..

Former Permanent International Trade Secretary: May's Brexit Plan
by | Monday, July 09, 2018

Former Permanent International Trade Secretary: May's Brexit Plan "Better Than No Deal".

The proposal, regarded as a soft form of Brexit , is created to preserve frictionless trade and the Irish border. "Our proposal will create a UK-EU free trade area which establishes a common rule book for in...More..

BP in lead to acquire BHP’s U.S. onshore shale assets
by | Monday, July 09, 2018

BP in lead to acquire BHP’s U.S. onshore shale assets

The number of shares now owned by investors are 2.66 bln. Now we move forward to see the historical returns of Bunge Limited which is U.S. based stock. BP Plc has emerged as the front-runner to buy BHP Bill...More..

Netflix Premium service gets bumped down with new and pricier 'Ultra' tier
by | Monday, July 09, 2018

Netflix Premium service gets bumped down with new and pricier 'Ultra' tier

But the Netflix Premium already lets you subscribers stream on four screens in Ultra HD (when available) - all the Ultra tier adds is HDR. It is estimated that the plan will cost 16.99 United States dollars p...More..

Canadian trade deficit widens in May
by | Sunday, July 08, 2018

Canadian trade deficit widens in May

Exports of metal ores and non-metallic minerals also fell significantly in May, down 14.6 per cent to $1.3 billion, the lowest level since September 2016, coinciding with work stoppages at two iron ore mines. E...More..

US Adds 213000 Jobs In June, But Unemployment Rate Inches Up
by | Sunday, July 08, 2018

US Adds 213000 Jobs In June, But Unemployment Rate Inches Up

But even that reflected a healthy economy: It rose because more than 600,000 Americans joined the work force. The report showed that Canada's trade surplus with the US narrowed to $3.3 billion in May, from ...More..

Jaguar Land Rover Chief Executive calls for greater Brexit certainty
by | Sunday, July 08, 2018

Jaguar Land Rover Chief Executive calls for greater Brexit certainty

Germany Industry UK, which represents 100 companies, including BMW, Mercedes-Benz, Lufthansa, the train and bus operator Arriva and the steel producer ThyssenKrupp, said it needed "certainty and clarity abou...More..