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Stories about Money

Sep 08 2018

Alibaba’s Jack Ma To Retire To Focus on Philanthropy

Ma has been backing away from Alibaba over the past few years, stepping down as chief executive officer in 2013 but remaining very involved in the company's strategic pla...

Sep 07 2018

Trudeau Suggests Trump’s Behaviour Is Why Canada Needs Chapter 19 In NAFTA

The two lead ministers on NAFTA held lengthy meetings in Washington on Wednesday. Foreign Affairs Minister Chrystia Freeland went out of her way to praise her count...

Sep 03 2018

China announces $60 billion ‘no-strings attached’ investment towards projects in Africa

Xi also announced that China would waive the debt of the poorest African countries that have diplomatic ties with Beijing . He adds that this was not the only reason...

Sep 02 2018

Federal Court of Appeal quashes Trans Mountain pipeline, citing environmental, Indigenous concerns

The Federal Court of Appeal has quashed Ottawa's approval of the contentious Trans Mountain pipeline expansion . "Alberta has done everything right and we've been let ...

Sep 02 2018

California Senate rallies votes for tough net neutrality bill

More than 20 states are suing the FCC to overturn the agency's decision on net neutrality and almost three dozen states have introduced bills to replace the defunct re...

Aug 31 2018

Coke into coffee: Coca-Cola buys United Kingdom coffee chain Costa for $7 billion

Costa gives Coca-Cola a global coffee footprint with almost 4,000 retail outlets in more than 30 countries. Whitbread bought Costa for 19 million pounds in 1995, when...

Aug 28 2018

What's Next for Tesla as a Public Company?

In the blog post, published without the fanfare of his earlier tweets, Musk said it had become clear to him that, while "there was more than enough funding" to take Tesl...

Aug 27 2018

Trump announces 'really good' NAFTA deal with Mexico

They said nothing could come from Trump's unilateral imposition of tariffs in order to get foreign governments to negotiate seriously. Trump finalized negotiations Mo...

Aug 26 2018

Oil prices rise on Iran sanctions, but US-China row mutes trading

U.S. West Texas Intermediate (WTI) crude futures CLc1 were at $67.95 per barrel at 0044 GMT, up 9 cents, or 0.1 percent, from their last settlement. USA crude imports l...

Aug 24 2018

Putin says latest US sanctions senseless

The Russian-flagged ship Sevastopol , one of six Russian vessels sanctioned by the United States, arrived at Busan Port and remained anchored there as of Tuesday, accord...

Aug 24 2018

As new tariffs hit, US, China seek to avert more economic damage

The possibility of new duties on another $200bn in Chinese goods, which are the subject of public hearings this week, are still pending, as well as Mr Trump's proposed 25...

Aug 24 2018

How to dump your prime minister - the Australian way

Turnbull's tenuous grip on power was under intense pressure Thursday with the man who wants his job launching a second leadership challenge in a week and senior ministe...

Aug 24 2018

Trump knocks former lawyer in tweet after Cohen’s guilty plea

Even as Manafort learned of his fate, the 51-year-old Cohen was revealing in Manhattan how he made hush payments "in coordination and at the direction of a candidate fo...

Aug 19 2018

It will be tough for Trump's SEC to overhaul reporting rules

There will now be an investigation into the impact of this policy idea by the Securities and Exchange Commission (SEC), the president added. The move would improve "f...

Aug 17 2018

House price growth hits 5-year low

Inflation based on consumer price index (CPI) for the month of July came at 4.17 per cent, government data showed on Monday. "There's a widespread caution in the prop...

Aug 17 2018

White House Calls On Turkey to Release American Pastor Andrew Brunson

Local Turkish social media has been awash this week with footage of people smashing their iPhones in protest of US President Donald Trump and his recent sanctions ...

Aug 17 2018

Trump attacks Turkey, vows to pay 'nothing' for U.S. pastor's release

The US has threatened to levy more sanctions on Turkey if Ankara does not release an American Christian evangelical pastor held on terrorism charges. She added that...

Aug 16 2018

Russia Backs Non-dollar Trade With Turkey

The White House said Wednesday that Turkey's tariff hikes on United States products in retaliation for USA sanctions on Ankara were "regrettable" and again called...

Aug 15 2018

Turkey doubles tariffs on some United States imports over economy 'attacks'

Turkish president Recep Tayyip Erdogan has said his country will boycott electronic products made in the USA amid an escalating diplomatic feud with the Trump adminis...

Aug 14 2018

Indian Rupee hits fresh record low of 69.61 per Dollars

However, the dollar's strength against some currencies overseas capped the gains of the domestic unit. However, Economic Affairs Secretary Subhash Chander Garg said ext...