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Economy

A statement published by the company on Thursday acknowledges the apparent murder of journalist Jamal Khashoggi at the Saudi consulate offices in Istanbul. Turkish authorities said Saudi Arabia has now granted police permission to search a well in the garden of the consulate where Khashoggi was killed, after Saudi Arabia had previously refused to allow a search.
  • China trade surplus with United States widens to record $34.1 billion

    China trade surplus with United States widens to record $34.1 billion

    Economy

    Add Trump Administration as an interest to stay up to date on the latest Trump Administration news, video, and analysis from ABC News. President Donald Trump has publicly and privately pressured Mnuchin to declare China a currency manipulator, but Treasury staff haven't found grounds to do so, according to the people, who spoke on the condition of anonymity.
  • WaPo: Saudi Prince Ordered Operation to Lure Khashoggi to Saudi Arabia

    WaPo: Saudi Prince Ordered Operation to Lure Khashoggi to Saudi Arabia

    Economy

    Trump expressed reservations about withholding arms sales to Saudi Arabia . But in his first extensive remarks about Khashoggi's case, Trump warned it is "a very sad situation". -Saudi relations as "excellent". Saudi Arabia has vehemently denied any involvement in his disappearance and insists that Mr Khashoggi left the consulate safely after filing paperwork ahead of his forthcoming marriage to his Turkish fiancée.
  • Crude oil futures fall 1.44% on weak global cues

    Crude oil futures fall 1.44% on weak global cues

    Economy

    Kenyan consumers will feel the pinch most, as a rise in oil prices would wipe out the relief President Uhuru Kenyatta pushed for last month after pump prices reached $1.28 in the wake of a 16 per cent tax on petroleum products. Other investors are betting on the continued rise in prices expecting nearly 1.2 Billion barrels of oil. Last month, the group appeared to rebuff his calls for a rapid production increase to offset the drop in Iranian shipments, prompting a surge in prices and even ...
  • What Consumers Pay For Petrol, Diesel After Price Cuts

    What Consumers Pay For Petrol, Diesel After Price Cuts

    Economy

    The state of Karnataka, who earlier slashed fuel prices by Rs 2, will not be announcing any more cuts. According to Telangana Petroleum Dealers Association, the fuel prices would come down by Rs 3 as the Centre had announced a cut in excise duty.
  • Musk Ridicules SEC in Tweet Storm Days After Settling Suit

    Musk Ridicules SEC in Tweet Storm Days After Settling Suit

    Economy

    Several Twitter users also criticized Musk , who has over 20 million followers on the social media platform, for his tweets targeting regulators and short sellers. The commission seeks a permanent injunction, disgorgement, civil penalties and to prohibit Musk from serving as an officer or director of a public company.
  • Trudeau pledges compensation for dairy farmers hit by USMCA deal

    Trudeau pledges compensation for dairy farmers hit by USMCA deal

    Economy

    Is this a good deal or a bad deal for Canada? He said Canada did not simply accept "any deal". "I look forward to reviewing this deal to confirm it meets the high standards of Trade Promotion Authority", he said in a statement. This could pose a problem because the vote on NAFTA 2.0 will not happen until 2019 after the 2018 midterms and a potentially Democratic-and anti-Trump-Congress is seated.
  • Canadian Dairy Farmers Criticize New Trade Pact with U.S.

    Canadian Dairy Farmers Criticize New Trade Pact with U.S.

    Economy

    It also says the first 2.6 million Canadian autos exported to the US will be exempted from tariffs, a figure well above the current export rate of 1.8 million. He added that Mexican imports of USA wheat are down about 25 percent this year, which he attributes to Mexico's concerns about ongoing trade disputes and in particular President Trump's use of tariffs for leverage.
  • Trump praises 'incredible' new trade deal with Mexico and Canada

    Trump praises 'incredible' new trade deal with Mexico and Canada

    Economy

    Article 32.10 of the agreement states, in part, "Entry by any Party into a free trade agreement with a non-market country, shall allow the other Parties to terminate this Agreement on six-month notice and replace this Agreement with an agreement as between them (bilateral agreement)".
  • Facebook Discovers Security Issue Affecting Almost 50 Million Accounts

    Facebook Discovers Security Issue Affecting Almost 50 Million Accounts

    Economy

    The flaw, which involved using the site's " view as " and video uploader features, allowed hackers to steal Facebook's access tokens and take over people's accounts. Facebook is the largest social media platform in the world. Hackers could have also gotten into third-party applications linked to Facebook accounts, but it was too early to determine whether that happened, according to the social network.
  • Canadian dairy farmers' group pans new trade pact with U.S., Mexico

    Economy

    And U.S. dairy farmers may be able to sell a bit more to Canada. And it's not about Canada, Mexico, Europe or other friendly allies. After he warned against imposing similar tariffs on import of Indian products, Mr Trump said Indian negotiators called him that they want to have a trade deal with the US.
  • US, Canada And Mexico Agree New Trilateral Trade Deal To Replace NAFTA

    US, Canada And Mexico Agree New Trilateral Trade Deal To Replace NAFTA

    Economy

    A senior Trump administration official said the new United States-Mexico-Canada Agreement (USMCA) as a "great win for the president and a validation for his strategy in the area of global trade". Trade officials for the three countries have been at it for more than a year. After months of sputtering talks, momentum picked up this weekend as Trudeau inserted himself and made clear that he wanted to get something done.
  • Wawa Celebrating National Coffee Day With Free Coffee This Weekend

    Wawa Celebrating National Coffee Day With Free Coffee This Weekend

    Economy

    Coffee lovers, rejoice! Saturday, Sept. 29 is National Coffee Day, and that means a lot of deals and freebies on coffee, of course. Get 50 percent off the Americano starter kit when you use the code "COFFEE". Numerous restaurants and coffee shops offering deals to celebrate. Enjoy a free glazed doughnut with any coffee purchase. When you buy any food item at Caribou Coffee on National Coffee Day 2018, you'll get a free coffee in any size.
  • Elon Musk To Step Down As Tesla Chairman After SEC Settlement

    Elon Musk To Step Down As Tesla Chairman After SEC Settlement

    Economy

    This is important as the SEC's lawsuit against Musk stated he made a series of "materially false and misleading statements " about taking the company private and having secured the funding to do so. Musk is now required to step down as chairman of Tesla within 45 days, and he is not permitted to be re-elected to the post for three years. The SEC charged Tesla with failing to have required disclosure controls and procedures for Musk's tweets.
  • Tesla is making its own car carriers

    Tesla is making its own car carriers

    Economy

    The organization has additionally reported a "way to-entryway benefit" named Tesla Direct to help with Model 3 conveyance amid surge week. The Reuters report that covered this latest genius move by CEO Elon Musk made no mention of what the vehicle carriers will be, and neither has Musk amidst his Twitter ramblings.