Finance

Iran says USA sanctions can not stop crude oil exports

Iran says USA sanctions can not stop crude oil exports

The Obama administration had lifted sanctions on entities dealing with those sectors as part of the 2015 nuclear deal, which exchanged sanctions relief for a rollback in Iran's nuclear program. ...

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Will Republicans win midterm elections? Latest results for US Midterms

Will Republicans win midterm elections? Latest results for US Midterms

Median outcome = D+36 seats . Democrats would gain the power to thwart Republicans' legislative agenda, launch investigations into Trump's activities, subpoena his officials, obtain his tax returns...

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The world’s eyes are on the United States mid-term polls

The world’s eyes are on the United States mid-term polls

Bob Corker (R-TN), who opted to not seek reelection. The US midterm elections on 6 November will decide who controls US Congress plum in the middle of the Donald Trump presidency. US President ...

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Iran Vows to Defy Reimposed U.S. Oil, Financial Sanctions

Iran Vows to Defy Reimposed U.S. Oil, Financial Sanctions

Gholamali Khoshroo called on Antonio Gooteresh to uphold the rule of law. "We will proudly break the sanctions ", Rouhani said Monday, calling them "unfair" and "against the law, United Nations r...

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Amazon is now offering free shipping for all holiday orders

Amazon is now offering free shipping for all holiday orders

Amazon is looking to boost holiday sales and add new prime members. Amazon announced that they are offering free shipping on hundreds of millions of items, starting November 5 . The National R...

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Apple dips below a $1 trillion valuation

Apple dips below a $1 trillion valuation

Apple sold 46.8 million smartphones in the same quarter a year ago. "Together with Apple, Salesforce is redesigning its apps to embrace a native mobile platform with exclusive new features on iOS", ...

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United States payrolls rise more than forecast as wage gains hit 3.1%

United States payrolls rise more than forecast as wage gains hit 3.1%

Sustained labour market strength could ease fears about the economy's health following weak housing data and stalling business spending. Hurricane Michael, which slammed into the Florida Panha...

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U.S., China presidents plan meeting at summit

U.S., China presidents plan meeting at summit

He said China wanted to make a deal, adding, "They are not doing well". Stocks have rebounded to their highest point in three weeks on Friday following the Trump administration's request for a po...

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Crude Oil Ends Lower For 3rd Straight Session

Crude Oil Ends Lower For 3rd Straight Session

The reign as world's biggest oil producer may be short-lived: Russian Federation in September produced 11.37 million barrels a day and they may be above 11.4 million in October. "The strong build in o...

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Nigeria Drops On Ease Of Doing Business Ranking

Nigeria Drops On Ease Of Doing Business Ranking

As a result, the country significantly improved its global ranking in this area to 53, from 82 previous year. India was ranked 142nd among 190 nations when Prime Minister Narendra Modi took of...

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Trump threatens to impose new tariffs on China

Trump threatens to impose new tariffs on China

Bloomberg , citing "three people familiar with the matter", reported that the administration was planning to announce tariffs covering all remaining Chinese imports if talks between Trump and Xi fai...

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Budget shows United Kingdom not serious about erasing budget deficit by mid-2020s

Budget shows United Kingdom not serious about erasing budget deficit by mid-2020s

The 2pc tax, revealed in the latest United Kingdom budget, will target revenues earned in the United Kingdom by online players ranging from search engines to social networks. Hammond said on Monday ...

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Oil Prices Stabilise As Stock Markets Plunge

Oil Prices Stabilise As Stock Markets Plunge

US crude oil production C-OUT-T-EIA has risen steadily over the past decade and hit a record high of 11.2 million barrels per day (bpd) this month. As it was, the prices of Brent crude had gone down...

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IBM to Acquire Red Hat for $34 Billion

IBM to Acquire Red Hat for $34 Billion

Buying Red Hat to give it management tools across multiple IaaS clouds, and probably an easier route to market for its software delivered as SaaS, therefore means a chance to turn IaaS weakness toward...

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Markets Right Now: US stock indexes surge a day after a rout

Markets Right Now: US stock indexes surge a day after a rout

Bond prices rose, sending yields lower as traders sought safe-haven investments. The latest and, perhaps the most high-profile, came last night from Amazon .com Inc and Alphabet Inc, two stocks tha...

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China leads the way as billionaires wealth sees record increase in 2017

China leads the way as billionaires wealth sees record increase in 2017

A new report by Swiss bank UBS found that billionaires increased their wealth by 20 percent - to a combined total of $8.9 trillion. Now in its fifth edition, the report draws on UBS and PWC's ext...

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Tesla may post profit with Model 3 surge, investors look for more

Tesla may post profit with Model 3 surge, investors look for more

Department of Justice regarding Model 3 production numbers. It's only the third time that Tesla has posted a quarterly profit in its eight-year history as a public company and the first time i...

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Oil manages to claw back some recent big losses

Oil manages to claw back some recent big losses

Iranian Oil Minister Bijan Namdar Zanganeh shrugged off USA plans to drive the country's crude exports down to zero, saying the Islamic Republic's oil exports can not be stopped. Crude stocks at the...

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Obama rails against Republicans, rallies Democrats in Las Vegas

Obama rails against Republicans, rallies Democrats in Las Vegas

LAS VEGAS ― Former President Barack Obama warned Nevadans on Monday that staying home during November's midterm elections "would be profoundly unsafe to our democracy", saying in a speech that these...

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Convenience store will get $50K for selling winning Mega Millions ticket

Convenience store will get $50K for selling winning Mega Millions ticket

There were 36 second-tier winners, those who picked five winning numbers but did not match the Mega Ball. Rosa's winning ticket was sold at KJ's Superstore in Kuna. A single lucky ticket holder in S...

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US to revoke visas of Saudis implicated in killing of writer

US to revoke visas of Saudis implicated in killing of writer

The execution was terrible. "There should have never been an execution or a cover-up, because it should have never happened", Trump told reporters. Saudi Arabia has admitted he was killed there,...

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Winning Numbers Drawn For $1.6 Billion Mega Millions Jackpot

Winning Numbers Drawn For $1.6 Billion Mega Millions Jackpot

The Mega Millions jackpot was at an all-time high of $1.6 billion as of Monday afternoon. "We're so happy for the victor, and we know the South Carolina Education Lottery can't wait to meet the lu...

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Oil Stumbles on U.S. Stockpile Worry and Saudi Production Pledge

Oil Stumbles on U.S. Stockpile Worry and Saudi Production Pledge

But the scandal does reveal one thing. The pledge comes despite Saudi Arabia's previous threats to retaliate to any sanctions with "greater action". The oil market has been concerned that Saudi Ar...

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Saudi Arabia calls Jamal Khashoggi killing a 'grave mistake'

Saudi Arabia calls Jamal Khashoggi killing a 'grave mistake'

Mr Hunt said he had been in talks with European Union partners to "extend the sanctions regime to individuals for human rights violations". "Right now as an administration we're more in the fact-fin...

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Test tunnel for high-speed travel to open in December - Elon Musk

Test tunnel for high-speed travel to open in December - Elon Musk

Musk tweeted on Monday (NZT) that his aspiring underground transportation project would open its first test tunnel in Hawthorne, south of the city's global airport. Musk previously said his tunn...

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