Business

Turkey cracked down on short selling of the lira on Wednesday, helping its currency recover against the dollar as Ankara declared that Qatar had offered it billions of dollars of support, Financial Times informed. The […]

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Chinese oil importers are shying away from buying U.S. crude as they fear Beijing’s decision to exclude the commodity from its tariff list in a trade dispute between the world’s biggest economies may only be […]

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The board of Tesla announced on Wednesday that it is evaluating the idea of taking the company private. The announcement comes a day after Chief Executive Elon Musk surprised shareholders with the idea of launching […]

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Newark, New Jersey, is expected to approve the big bag of cash, part of a $7 billion package the state is dangling in front of Amazon to capture it’s second headquarters, Bloomberg informs. A trio […]

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YouTube announced on Monday that Alex Jones’s Infowars channel is banned, adding that the decision came after the channel violated the site’s policies and attempted to sidestep enforcement measures. Several other major U.S. technology companies […]

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The Senate passed on Thursday legislation that would cut tariffs on hundreds of items made in China, thus lowering trade barriers with Beijing. The bill, which would cut or eliminate tariffs on roughly 1,660 items […]

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Roseanne Barr, the television star involved in racial slurs whose namesake show was canceled after she tweeted racist sentiments about a former Obama administration official, said Thursday night that she’s actually not a racist, Fox […]

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After U.S. President Donald Trump pressured Saudi Arabia to boost oil production, the country has rushed to listen and started to enhance their production only to find out that global markets might not yet need it, Bloomberg informed. The kingdom’s crude output surged […]

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Saudi Aramco said on Thursday that it intends to make a purchase of a stake in Saudi petrochemical producer SABIC, a move that could enhance the state oil giant’s market valuation ahead of a planned initial public offering, […]

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The Justice Department will appeal the AT&T-Warner merger approved by a court ruling, as was indicated in a court document on Thursday. Judge Richard Leon ruled last month that the government has not shown the […]

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On Tuesday the Chief Executive Officer of Tesla Inc, Elon Musk, finally made a deal with the Chinese authorities to build a new factory in Shanghai, Reuters reported. This will be its first factory outside […]

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Europe will stand “united” against President Donald Trump’s trade policies, the French government said on Sunday, adding that the “the [trade] war has already started.” French Finance Minister Bruno Le Maire said European governments will […]

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U.S. farmers are let in the crossfire as the Trump administration’s tariffs, a 25 percent duty on $34 billion worth of Chinese goods, are set to take effect 12:01 a.m. EST on Friday. Beijing has […]

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As President Donald Trump’s tariff war against various countries (including top U.S. allies) escalates, U.S.  businesses are already experiencing slow or halted international investments. A report by The Financial Times regarding June’s meeting of the […]

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European stocks were higher Thursday morning, as hopes over a softening in U.S. trade rhetoric boosted the autos sector, CNBC reports. The pan-European Stoxx 600 was up around 0.6 percent during mid-morning deals, with most sectors […]

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A draft of a bill from the Trump administration would propose having the US abandon key World Trade Organization principles and offer President Donald Trump significantly more discretion over US trade policy, a White House […]

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Russia has submitted a claim to the World Trade Organization against U.S. duties on imports of aluminum and steel, Russian Economy Minister Maxim Oreshkin said in a statement, according to TASS. U.S. President Donald Trump […]

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U.S. oil prices on Thursday settled slightly lower from three-and-a-half year highs amid high output from Russia, the United States, and Saudi Arabia, despite unplanned supply disruptions elsewhere and record demand, Reuters reported. U.S. West […]

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The Justice Department on Wednesday allowed Walt Disney to a merger with 21st Century Fox on the condition that the entertainment giant sells off 22 regional sports networks. Prosecutors said that the condition resolves the concerns […]

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