Corona brewer pours $4 billion into Canadian pot grower

In the U.S., 29 of the 50 states have legalized marijuana for medical use, while eight states, including California, have legalized the drug for recreation use. Constellation and Canopy said they will not sell marijuana products in the USA until th... More..

by | Published more than a month ago
by | Wednesday, August 15, 2018

Melania tried to calm Trump down before Omarosa tirade

Few in the black community immediately rushed to defend Manigault Newman after she wrote a book titled " Unhinged " about her time in the White House . She continues: "He has absolutely no respect for women,...More..

Turkey imposes up to 140% tax on rice, alcohol, cars from US
by | Wednesday, August 15, 2018

Turkey imposes up to 140% tax on rice, alcohol, cars from US

The lira´s fall had raised fears Turkey was on the verge of a fully-fledged economic crisis, especially in its banking system, that could spill over into Europe and other markets. Turks have also launched a Twi...More..

Tencent Disappoints on Earnings as Its Games Face Regulatory Hurdles
by | Wednesday, August 15, 2018

Tencent Disappoints on Earnings as Its Games Face Regulatory Hurdles

Other sources say the move reflects infighting within China's media and entertainment regulatory system, which has led to a backlog of games and feature films that await approval and that are unable to commit t...More..

Turkey double tariffs on United States imports such as cars, alcohol and tobacco
by | Wednesday, August 15, 2018

Turkey double tariffs on United States imports such as cars, alcohol and tobacco

Foreign Ministry Spokesman Hami Aksoy said on the Turkish MFA Twitter account that President Donald Trump's decision, which also violates World Trade Organisation rules, does not comply with "state seriou...More..

by | Wednesday, August 15, 2018

Turkey increases tariffs on some United States imports, escalating feud

The lira has lost more than 40% this year and crashed to an all-time low of 7.24 to the dollar early on Monday, hit by worries over Erdogan's calls for lower interest rates and worsening ties with the United S...More..

Nigeria’s inflation dips to 11.14% in July - NBS
by | Wednesday, August 15, 2018

Nigeria’s inflation dips to 11.14% in July - NBS

The central bank had, in its third bi-monthly monetary policy statement for 2018-19, earlier this month projected retail inflation at 4.6 per cent in the second quarter of the financial year and 4.8 per cent ...More..

Roundup cancer verdict sends Bayer shares sliding
by | Wednesday, August 15, 2018

Roundup cancer verdict sends Bayer shares sliding

While Monsanto has insisted that the Californian jury "got it wrong", and pointed once again to its broad scientific case that glyphosate is not carcinogenic, the precedent set by the outcome leaves the compa...More..

Turkish President announces plan to boycott U.S. electronics, including iPhones
by | Wednesday, August 15, 2018

Turkish President announces plan to boycott U.S. electronics, including iPhones

Two additional factors are exacerbating the crisis. President Erdogan has accused the USA of trying to "bring Turkey to its knees through threats over a pastor ". But under Erdoğan there has been a marked sh...More..

In first, transgender woman wins Democratic nomination for Vermont governor
by | Wednesday, August 15, 2018

In first, transgender woman wins Democratic nomination for Vermont governor

The win "is a defining moment in the movement for trans equality", Annise Parker, president and CEO of LGBTQ Victory Fund, which seeks to elect lesbian, gay, bisexual and transgender candidates, said in a sta...More..

Erdogan Vows to Boycott U.S. Electronic Goods Amid Pastor Spat
by | Wednesday, August 15, 2018

Erdogan Vows to Boycott U.S. Electronic Goods Amid Pastor Spat

President Donald Trump and Turkish President Tayyip Erdoğan reportedly met on the sidelines of July's North Atlantic Treaty Organisation summit to cut a deal on prisoner releases - which would later become an...More..

Turkey accuses U.S. of 'stab in back' as currency woes persist
by | Tuesday, August 14, 2018

Turkey accuses U.S. of 'stab in back' as currency woes persist

Turkey and the US are now experiencing rocky relations following Washington's imposition of sanctions on Interior Minister Suleyman Soylu and Justice Minister Abdulhamit Gul for not releasing American Pasto...More..

by | Tuesday, August 14, 2018

United Kingdom unemployment falls to 1.36 million

Young people also appear to be benefiting from the economic lift, with youth unemployment also at its lowest rate since record began in 1992. "However, the number of vacancies is a new record high, while the ...More..

Erdogan says crash of lira 'political plot' against Turkey
by | Tuesday, August 14, 2018

Erdogan says crash of lira 'political plot' against Turkey

The Turkish lira rebounded 6% in Tuesday trading, haven fallen 25% in the past month, weighed down by the spat with the United States and wider concerns about the country's stalling economy. The US has refused ...More..

Nigeria, two others push OPEC oil output higher
by | Tuesday, August 14, 2018

Nigeria, two others push OPEC oil output higher

This is compounding worries that a deepening trade war between the United States, China and the European Union will squeeze business activity in the world's biggest economies. As for Saudi Arabia, OPEC's larges...More..

Tesla Hit With Third Class-Action Suit Over Musk's Stock Tweets
by | Tuesday, August 14, 2018

Tesla Hit With Third Class-Action Suit Over Musk's Stock Tweets

Tesla CEO Elon Musk unveils the Roadster 2 during a presentation in Hawthorne, California, U.S., November 16, 2017. All those interested, including the Securities and Exchange Commission (SEC), wanted to kno...More..

Turkey takes action in bid to curb currency crisis
by | Tuesday, August 14, 2018

Turkey takes action in bid to curb currency crisis

The lira shed another 8% to below 7 per dollar after a double-digit percentage slide Friday. The Organization of the Petroleum Exporting Countries forecast lower demand for its crude next year as rivals pump ...More..

Turkey's central bank launches economic-stability plan
by | Tuesday, August 14, 2018

Turkey's central bank launches economic-stability plan

As interest rates rise in the US, investors pull their money out of countries that had enjoyed strong economic growth but are perceived as somewhat riskier. The retreat of the dollar comes one day after the CBR...More..

More than 100 large wildfires in U.S. as new blazes erupt
by | Tuesday, August 14, 2018

More than 100 large wildfires in U.S. as new blazes erupt

Fact finding on the accident is ongoing and notification of the next of kin is in progress. California is seeing more destructive wildfire seasons because of dry conditions and high temperatures, and Brown ha...More..

Rupee recovers 35 paise after breaching 70/$-mark; falls 10% in 2018
by | Tuesday, August 14, 2018

Rupee recovers 35 paise after breaching 70/$-mark; falls 10% in 2018

The 10-year bond yield stood at 7.801%, from its previous close of 7.823%. As for Monday's fall, market analyst also attribute it to the potential market contagion caused by turmoil in the Turkish lira , whi...More..

by | Tuesday, August 14, 2018

Turkey has 'only days' to resolve lira crisis, analysts warn

The lira stood at 6.89 against the USA dollar at 1511 GMT - after Erdogan's comments - up from a record low of 7.24 to the dollar reached in early Monday trade. "American pastor Andrew Brunson has been held sin...More..

Turkey claims social media accounts are 'provoking' crash of the lira
by | Tuesday, August 14, 2018

Turkey claims social media accounts are 'provoking' crash of the lira

The sanctions caused market turmoil, which the central bank attempted - but failed - to soothe with a series of market-boosting measures. He said: 'You act on one side as a strategic partner, but on the other...More..

Turkey must ensure independence of central bank: Merkel
by | Tuesday, August 14, 2018

Turkey must ensure independence of central bank: Merkel

Turkey's currency hit a record low of 7.23 per dollar late on Sunday after Erdogan , in a series of speeches over the week, showed no sign of backing down in the standoff against the United States. Albayrak...More..

Remains found on island where 'suicidal' plane thief crash-landed
by | Tuesday, August 14, 2018

Remains found on island where 'suicidal' plane thief crash-landed

A man who stole an empty passenger plane from Seattle airport and then crashed it was an airline worker with full credentials, authorities say. Coaches at Wasilla High School in Alaska, where Russell was ...More..

NBER Study Reveals Google Search Trends And Bitcoin Price Have Correlation
by | Tuesday, August 14, 2018

NBER Study Reveals Google Search Trends And Bitcoin Price Have Correlation

By all accounts, it's been a bad week for cryptocurrencies; a significant correction on Wednesday saw the total market cap for the crypto market fall about 11 per cent to around $219 billion. And also, this l...More..

Turkey launches probe into ‘fake news’ over lira rumors
by | Monday, August 13, 2018

Turkey launches probe into ‘fake news’ over lira rumors

The lira tumbled as much as 11 percent against the dollar in thin trading in Asia, before trimming losses after the nation's Banking Regulation and Supervision Agency stepped in to limit swap transactions on ...More..

Turkish lira pulls back from record low of 7.24, rattles global markets
by | Monday, August 13, 2018

Turkish lira pulls back from record low of 7.24, rattles global markets

Ankara and Washington also disagree over their military interventions in the Syria war, Turkey's plan to buy missile defense systems from Russian Federation as well as the USA conviction of a Turkish state ...More..

Tesla CEO Musk taunts short sellers amid legal scrutiny
by | Monday, August 13, 2018

Tesla CEO Musk taunts short sellers amid legal scrutiny

In turn, the fund bought almost US$2 billion (NZ$ 3 billion ) worth of Tesla shares on the market with the help of an investment bank, building up a stake just short of 5 per cent in the company. Tesla was r...More..

Apple hires back executive, fueling self-driving vehicle speculation
by | Monday, August 13, 2018

Apple hires back executive, fueling self-driving vehicle speculation

In May, Tesla said he was taking time off to spend with his family, but wasn't leaving the company. Apple representative Tom Neumayr has confirmed the news. Field's return to apple is now different since he...More..

Turkey pledges action plan to tackle lira crisis
by | Monday, August 13, 2018

Turkey pledges action plan to tackle lira crisis

Asian sharemarkets were a sea of red on Monday as the concerns that Turkey's currency rout will spread to other emerging markets sent investors fleeing from stockmarkets in the Asian region, which are broadly...More..