Business

China's September trade surplus with US widens to record $34.13 billion

China's trade surplus with the United States surged to a record high of $34.13 billion in September, compared with $31.05 billion in August, Chinese customs d...


Theresa May verging closer to Brexit deal but is facing cabinet resignations

DUP leader Arlene Foster said Thursday that May and her government "could not in good conscience recommend a deal which places a trade barrier on United K...


China's trade surplus with the U.S. hit record highs in September

The volume of exports from China to Russian Federation has grown by nearly 13 percent, exceeding $35 billion. The increase was driven by a 13 percent increase...


Shares suspended at Luke Johnson's Patisserie Valerie after black hole unearthed

Patisserie Holdings says it will make further announcements as the results of its investigation become known. The company said on Thursday: "There is a materi...


British PM May briefed inner cabinet 'Brexit deal close'

Negotiations between the two sides have focused on the proposals for a so-called "backstop" to ensure that there is no return to a "hard border" between Norther...


Lenovo dominates the PC market

The same source mentioned a figure of 24.3 million for the Asia-Pacific region (excluding Japan). Microsoft became one of the top five PC makers in the U.S. W...


Pakistan to seek International Monetary Fund bailout to overcome financial crisis

The U.S. economy is expected to grow 2.5 percent in 2019. The tariffs stem from the Trump administration's demands that China make sweeping changes to its i...


Dutch PM 'cautiously optimistic' about progress on Brexit talks

Downing Street earlier warned there were "big issues still to resolve". Following three days of talks with key figures in Brussels, DUP leader Arlene Foster ...


US Stock Markets Regain Footing After Plunge

The figure calmed investors because a high reading could fuel expectations that the Fed would keep raising its interest rates at a steady pace. On Wednesday, ...


Graphic: Rising US bond yields bring back Wall Street's sinking feeling

The Dow Jones Index was down 832 points, while the Nasdaq declined 4.1 percent, its worst session in two years. USA 10-year Treasuries, a closely-watched indi...


Trump says market drop is 'correction that we've been waiting for'

Trump , who has been critical of the central bank's interest rate increases, tells reporters after landing in Erie, Pennsylvania, that he thinks "the Fed is ma...


Google appeals against record €4.3b European Union fine over Android

In a statement to Reuters , Google said it had "filed our appeal of the EC's Android decision at the General Court of the European Union". The Commission's ...


Dow Jones drops 832 points in third worst drop in history

The yield on the 10-year U.S. Treasury bond, which rose to new seven-year highs last week, continued to move higher, yielding as much as 3.24 per cent on Wednes...


Trump says Federal Reserve ‘has gone crazy’ after big stock drop

I think the Fed has gone insane", Trump told reporters on his way to a rally in Pennsylvania. President Donald Trump slammed the Federal Reserve as "crazy" fo...


International Monetary Fund cuts global economic growth target to 3.7%

India's medium-term growth prospects remain strong at 7.75 per cent, benefiting from ongoing structural reform, but have been marked down by just under 0.5 perc...


US stock market has worst day in eight months

Technology stocks slid more than 2 percent, the most among the 11 major S&P sectors, with the Philadelphia Semiconductor index down 3 percent after Swiss vacuum...


Google Pixel Slate Release Date, Price & Specs

It still combines the standard Chrome OS flavor of Linux with emulated Android applications, but the keyboard is separate and the interface is specifically cr...


Sears Could File for Bankruptcy As Soon As This Weekend

On Tuesday , Sears added restructuring expert Alan Carr as a director, expanding the six-person board to seven. Sears faces US$134 million of debt maturing...


BP says Iran oil bans to trigger extreme price volatility

India's move marks the second time in recent weeks New Delhi has disregarded the Trump administration's threat of sanctions. File image of Dharmendra Prad...


International Monetary Fund predicts 7.3% growth rate for India in current fiscal year

In 2017, global economy grew by 3.7 percent. "There are clouds on the horizon", he said . The IMF announced it had reduced its outlook on the global econom...


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