Business

Crypto startup Coinbase's custodian service for institutional investors goes live

Coinbase's cryptocurrency custody service is officially open for business, the company announced on its blog today. As a "custodial service", Coinbase Cus...


USA moves to block China Mobile over security fears

The National Telecommunications and Information Administration , a branch of the Commerce Department, said Monday it had recommended the Federal Communicatio...


Eye on elections, govt OKs steep hike in MSP

Prime Minister Narendra Modi on Wednesday hailed the Union Cabinet's decision to give Minimum Support Price (MSP) of 1.5 times on the input cost to farmers...


Defending Champ Joey Chestnut Sets Record With 74 Hot Dogs

Thomas, who won this event three years in a row from 2011 to 2013, is a +300 underdog to knock off Sudo in head-to-head wagering. Prior to the main event, the W...


China says "fully prepared" if trade war kicks off this week

BMW warned in a letter to Commerce Secretary Wilbur Ross on Friday that tariffs would make it harder for BMW to sell vehicles built at its USA factory in Sparta...


China tariffs: What's behind them, who stands to be hurt?

The EU warned the Commerce Department against imposing a reciprocal 25-percent tariff on European auto imports due to its possible negative impact to U.S. Texas...


Chinese HNA Group chairman dies after 50 foot-fall in France

Wang fell 15 metres off a wall in the village of Bonnieux, near Avignon, a picturesque area popular with tourists, lieutenant-colonel Hubert Meriaux of the Vauc...


Hyundai fun day: rumors swirl of hostile FCA takeover bid

Such a move would, of course, give them a controlling hand in the Italian-American company, but this was quickly set straight by the Asian brand. The ageing Sou...


ZTE allowed to temporarily resume some USA business

ZTE said in exchange filings late on Tuesday that Xu Weiyan, a shareholders' representative supervisor in the company's supervisory committee, has resigned due ...


Jacob Rees-Mogg in backlash from Tories over Brexit threat

In a column for the Daily Telegraph he wrote: " Theresa May must stand firm for what she herself has promised ". It comes after three ministers accused R...


Netflix is testing a new 'Ultra' tier of service

However, others in Italy who received information about the new Ultra tier say that the Premium service will continue to allow four screens to stream Netflix at...


Kuwait to raise oil output by 85000 bpd -minister

Analysts said the outcome of the discussions between the Saudi and U.S. leaders may have far reaching benefits for both sides. Saudi Arabia plans to pump up...


China issues warning for citizens travelling to US

According to the embassy's memo, "American public security is not sufficient" in protecting against gun violence. The warning to Chinese travelers noted the h...


U.S. should throw China out of the WTO: Peter Morici

President Trump is no fan of the World Trade Organization , and Axios reports that he ordered his advisers to work up a bill that would give him broad power...


Trump lashes out at Saudi Arabia, urges increased oil supply

Iran shipped out over 2 million barrels per day of oil past year, with Asia taking almost three quarter of the supply and the remainder heading to Europe. Trump...


US Economy Could Lose $14B Over Auto Import Tariffs

GERMAN MIGRANT DEAL: On Monday, Merkel and her rebellious political allies reached a compromise on migration that both sides said addressed their concerns. Trum...


German interior minister offers to resign amid migration disputes with Merkel

Seehofer, a long-time Merkel critic, had openly challenged her with a plan to order border police to unilaterally shutter German border crossings with Austria ...


How will Mexico's new president shake up NAFTA negotiations?

Jose Antonio Meade of the ruling Institutional Revolution was said to be in third. Lopez Obrador vows to improve lives for Mexicans and the country's global...


Trump makes veiled WTO threat after E.U. warning on car tariffs

Asked if he planned to pull out of the WTO, Trump said the trade organization had treated the U.S. President Donald Trump has drafted a new bill which would...


Dutch Prime Minister Not Playing Trump's Game

Mr. Trump referred to upcoming discussions between the USA and the European Union on trade deals, joking that any outcome would be a positive one. Rutte told Tr...