PepsiCo buys SodaStream to reach consumers 'beyond the bottle'

Monday's sale looks to inject another big tax payout to Israel following previous sales of Israeli companies such as the mobile navigation app Waze, which was acquired by Google for about $1 billion, and Mobileye, which produces technology for self-d... More..

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Google staff protest over China search engine plans
by | Sunday, August 19, 2018

Google staff protest over China search engine plans

However, reports last month claimed it had been secretively working on a new Chinese search service, referred to internally as Dragonfly . Before knowledge of the Dragonfly project was public, only a few h...More..

USA threatens further retaliation against Turkey over pastor
by | Saturday, August 18, 2018

USA threatens further retaliation against Turkey over pastor

Turkey retaliated with some $533 million of tariffs on some USA imports - including cars, tobacco and alcoholic drinks - and said it would boycott US electronic goods. Unlike many other news organizations, we...More..

Turkish court rejects U.S. pastor's appeal for release: Haberturk
by | Saturday, August 18, 2018

Turkish court rejects U.S. pastor's appeal for release: Haberturk

Turkey's banking watchdog has taken steps to stabilise the currency, limiting futures transactions for offshore investors and lowering limits on swap transactions. A court in Turkey has rejected an appeal to ...More..

China seeks WTO dispute settlement over United States safeguard measures, subsidies
by | Friday, August 17, 2018

China seeks WTO dispute settlement over United States safeguard measures, subsidies

The 30 percent tariffs announced in January improperly help USA producers in violation of WTO rules, the Commerce Ministry said. In the latest development, Turkey announced Wednesday that it will increase...More..

Turkey has more to ‘lose’ in Apple boycott
by | Friday, August 17, 2018

Turkey has more to ‘lose’ in Apple boycott

The lira has rebounded sharply since hitting a record low of 7.24 against the dollar at the start of the week, recovering after the central bank took liquidity measures and curbed selling of the currency. A d...More..

Turkey fires back with tariffs on US cars, alcohol, cosmetics
by | Friday, August 17, 2018

Turkey fires back with tariffs on US cars, alcohol, cosmetics

Lavrov says that Washington's policies will undermine the dollar's position as the worldwide reserve currency of choice. "I don't believe it's all over", said Minh Trang, senior currency trader at Silicon V...More..

U.S., China to Resume Trade Talks as Tariffs Bite
by | Friday, August 17, 2018

U.S., China to Resume Trade Talks as Tariffs Bite

US futures gained on the news. News of the meeting gave a lift to the yuan and helped cap losses in China's stock markets. "The lower rank of the delegation suggests that both sides remain far apart, and an...More..

Crude oil slightly lower as risk sentiment wanes
by | Wednesday, August 15, 2018

Crude oil slightly lower as risk sentiment wanes

On the New York Mercantile Exchange, West Texas Intermediate futures were trading down 1.2% at $66.23 a barrel. The US benchmark crude has declined more than 4percent this month as worldwide trade disputes th...More..

Before and after photos of Genoa bridge collapse
by | Wednesday, August 15, 2018

Before and after photos of Genoa bridge collapse

The city of Genoa's civil protection office confirmed the updated death toll. Photos from the Italian news agency ANSA showed a massive gap between two sections of the bridge. "We can't live with infrastruc...More..

Erdogan says Turkey to 'boycott' U.S. electronic goods
by | Wednesday, August 15, 2018

Erdogan says Turkey to 'boycott' U.S. electronic goods

U.S. sanctions against two Turkish ministers have sent the lira spiralling against the dollar, threatening a debt payment crisis for Turkish banks which have taken out billions in foreign currency loans...More..

Tragedy on the Mendocino Complex; Authorities Announce Firefighter fatality
by | Tuesday, August 14, 2018

Tragedy on the Mendocino Complex; Authorities Announce Firefighter fatality

Firefighters from all over the country have been helping California battle a series of deadly and devastating wildfires in recent weeks that have spread through drought-parched forests and rural communities. Tw...More..

Tesla short-sellers back in force as shares remain shaky
by | Tuesday, August 14, 2018

Tesla short-sellers back in force as shares remain shaky

Tesla Inc and Chief Executive Elon Musk were sued on Friday by an investor who said they fraudulently engineered a scheme to "completely decimate" short-sellers, including through Musk's proposal to take t...More..

Erdogan under pressure as Turkish lira plunges to record low
by | Tuesday, August 14, 2018

Erdogan under pressure as Turkish lira plunges to record low

Erdoğan's ideological resistance to raising interest rates in a time of high inflation , and general mismanagement of the economy, have exacerbated the crisis, leading to fears that the lira could collapse an...More..

Saudi Arabia eyes enlarged stake in Musk’s private Tesla
by | Monday, August 13, 2018

Saudi Arabia eyes enlarged stake in Musk’s private Tesla

A few days after Elon Musk shocked Wall Street and investors by tweeting that he would take Tesla private at $420 a share, speculation is still high on who could invest in what could be the biggest-ev...More..

Stolen plane crashes near Seattle after chase by military jets
by | Saturday, August 11, 2018

Stolen plane crashes near Seattle after chase by military jets

Horizon Air chief operating officer Constance von Muehlen said the company believed the mechanic involved was a Horizon employee. An airline employee "conducted an unauthorised takeoff" of an airplane car...More..

Trump administration announces $22b in fresh tariffs on China
by | Friday, August 10, 2018

Trump administration announces $22b in fresh tariffs on China

Vacationing at his Bedminster, New Jersey golf club, the president on Tuesday promised a dinner gathering of chief executives that the United States and China would soon have a "fantastic trading relationship"....More..

Tesla boss Musk considering taking firm private
by | Wednesday, August 08, 2018

Tesla boss Musk considering taking firm private

Tesla reported an adjusted loss per share of $3.06 for the second quarter, which was larger than what analysts had predicted, and revenue of $4 billion, which beat analyst projections. According to Gene Mu...More..

China to hit back at USA with 60 billion dollars tariffs
by | Monday, August 06, 2018

China to hit back at USA with 60 billion dollars tariffs

National Economic Council Director Larry Kudlow said in a Bloomberg Television interview Friday. "Because the US side has repeatedly escalated the tension, disregarding the interests of enterprises and consum...More..

July Jobs Report: 157,000 Is Still a Solid Number
by | Sunday, August 05, 2018

July Jobs Report: 157,000 Is Still a Solid Number

That said, the revisions for the two previous months - May and June - looked very good, with a combined gain of 59,000 jobs as compared to previous BLS reports. Another month of sluggish wage gains could he...More..

Scattered protests in Iran as US sanctions loom
by | Sunday, August 05, 2018

Scattered protests in Iran as US sanctions loom

The nuclear deal lifted global sanctions in return for Iran limiting its nuclear program and allowing regular inspections. President Donald Trump of the United States of America had also informed that he ...More..

Sterling stronger after the Bank of England raises rates
by | Friday, August 03, 2018

Sterling stronger after the Bank of England raises rates

An RBI repo rate hike usually sees commercial banks hike their respective interest rates on home, auto and other loans. "Since the RBI is committed to bringing down inflation, they don't have a choice but...More..

Tesla Earnings: Shares Rise 11% as Musk Apologizes for ‘Bad Manners’
by | Thursday, August 02, 2018

Tesla Earnings: Shares Rise 11% as Musk Apologizes for ‘Bad Manners’

The call triggered a stock sell-off and raised questions about Mr Musk's behaviour. He explained he had been exhausted from working more than 110 hours per week last quarter. "We believe we can be sustainab...More..

Trump imposes sanctions over Turkey's detaining of minister
by | Thursday, August 02, 2018

Trump imposes sanctions over Turkey's detaining of minister

In a tweet translated by the state-run Anadolu news agency , Cavusoglu also vowed that the "US attempt to impose sanctions on our two ministers will not go unanswered". Relations between the United States ...More..

State revokes approval for Charter-TWC merger
by | Monday, July 30, 2018

State revokes approval for Charter-TWC merger

Yesterday, July 27, the Commission on the public services of the state of NY (Public Service Commission - PSC) announced that the company Charter Communications, which owns Spectrum , henceforth it is forbidde...More..

After Facebook Stock Plunge, Calls for Zuckerberg's Job
by | Saturday, July 28, 2018

After Facebook Stock Plunge, Calls for Zuckerberg's Job

The loss of stock value bumped Zuckerberg from number four down to number six - six! - on Forbes' ranking of the World's Billionaires , behind Spanish fashion magnate Amancio Ortega and Warren Buffett. Analyst...More..

Bitcoin [BTC] ETF rejection met with dissent by SEC Commissioner
by | Friday, July 27, 2018

Bitcoin [BTC] ETF rejection met with dissent by SEC Commissioner

The SEC originally rejected an application for the " Winklevoss Bitcoin Trust" past year. Exchange-traded funds (ETFs) for Bitcoin are back in the news again this week. The Commission emphasizes th...More..

Mega Millions Winning Ticket Sold In San Jose
by | Thursday, July 26, 2018

Mega Millions Winning Ticket Sold In San Jose

There are six that are worth $1 million and two of those were sold in New Jersey. The ticket, which was sold at Ernie's Liquors on South White Road, in the California city had a 1-in-302.6 million chance of w...More..

Republicans visiting White House surprised by European Union trade announcement
by | Thursday, July 26, 2018

Republicans visiting White House surprised by European Union trade announcement

Against the backdrop of this fresh start, both sides agreed to resume trade talks "to work together toward zero tariffs, zero non-tariff barriers, and zero subsidies on non-auto industrial goods", Trump said...More..

Facebook Shares Plummet After Missing User, Revenue Targets
by | Thursday, July 26, 2018

Facebook Shares Plummet After Missing User, Revenue Targets

Its $1.74 earnings per share beat expectations of $1.72. Total revenue rose 41.9 per cent to US$13.23 billion. In February, the research firm eMarketer estimated that the number of Facebook users under ...More..

Trump pumps up the volume ahead of Juncker visit
by | Wednesday, July 25, 2018

Trump pumps up the volume ahead of Juncker visit

The size of the direct payments to farmers as a result of trade shortfalls would be unprecedented, said Scott Irwin, an agricultural economist at the University of IL. "This administration's tariffs and bailo...More..

North Korea takes down some launch site facilities: USA group
by | Tuesday, July 24, 2018

North Korea takes down some launch site facilities: USA group

A satellite image released by 38 North on Monday showing the partial dismantling at the Sohae launch site in North Korea. The Washington Post and other media outlets have reported in recent days that Tr...More..

Tesla Stock Stumbles as Company Asks Suppliers for Help Turning a Profit
by | Tuesday, July 24, 2018

Tesla Stock Stumbles as Company Asks Suppliers for Help Turning a Profit

What's more, a recent teardown of the Model 3 suggests that Tesla's mass market EV might be far more profitable than initially anticipated. Becoming cash-flow positive is the primary goal of Chief Executive...More..

Impact of U.S-China trade tariffs on US companies
by | Monday, July 23, 2018

Impact of U.S-China trade tariffs on US companies

But his remarks to CNBC caught financial markets by surprise Friday. The slide comes amid a deepening U.S. "We've had a trade war that's been going on for awhile, and now we're starting to hear talk about...More..

GST rate cut, return simplification to increase revenue, compliance: CII
by | Monday, July 23, 2018

GST rate cut, return simplification to increase revenue, compliance: CII

Jaitley, and the press release, made the following argument: Before GST , sanitary napkins were effectively taxed at more than 13%, and they had been brought down to 12% under GST. Mr Goyal said, simplificatio...More..

How Microsoft turned the cloud into a money-making machine
by | Saturday, July 21, 2018

How Microsoft turned the cloud into a money-making machine

Intelligent Cloud grew by 23% (20% CC), making it the fastest growing chunk of Microsoft's business, once again. Microsoft's cloud trip has been expensive but is proving to be worth the price. Despite the S...More..

Tesla investors tell Elon Musk to apologize for 'pedo' Twitter remarks
by | Wednesday, July 18, 2018

Tesla investors tell Elon Musk to apologize for 'pedo' Twitter remarks

Unsworth, who lives in Thailand , was among the first cave divers on the scene in Mae Sai after the boys from the Wild Boars soccer team and their coach became trapped inside on June 23. Condemnation of his re...More..

China shocked by Trump’s upscaling of trade aggression
by | Sunday, July 15, 2018

China shocked by Trump’s upscaling of trade aggression

Officials will hold hearings in late August on the list of targeted products and an administration official said it would take about two months to finalise, at which point Trump would decide whether to go...More..

Trump to Pull Tariff Trigger at Midnight in Trade-War Escalation
by | Saturday, July 07, 2018

Trump to Pull Tariff Trigger at Midnight in Trade-War Escalation

The Trump administration's 25 percent tariffs on $34 billion worth of Chinese goods-hitting everything from industrial machinery to consumer goods such as televisions-went into effect Friday morning, promptin...More..

EU Warns US Imposing Car Import Taxes Could Backfire
by | Wednesday, July 04, 2018

EU Warns US Imposing Car Import Taxes Could Backfire

Growing strains between the United States and its worldwide trade partners could have a disproportionate impact on South Carolina's economy, potentially hitting local workers and consumers in their wallets. Its...More..

Bron: James agrees to 4-year contract with Lakers
by | Tuesday, July 03, 2018

Bron: James agrees to 4-year contract with Lakers

Kevin Love has been one of the Cleveland Cavaliers' "big three" over the last few years, but times are changing. The Lakers had a large amount of cap space to work with. James isn't expected to drag his c...More..

Tesla hits 5,000 Model 3 production target
by | Tuesday, July 03, 2018

Tesla hits 5,000 Model 3 production target

CEO Elon Musk sent an e-mail to company employees Sunday praising them for producing 5,000 Model 3s, a compact vehicle that's created to shift Tesla from a niche manufacturer to a mainstream automaker. Sho...More..

Canada announces final list of retaliatory tariffs
by | Saturday, June 30, 2018

Canada announces final list of retaliatory tariffs

Prime Minister Justin Trudeau responded that Canada would reply to the American measures by imposing levies on $16.6-billion of US imports starting July 1. "We will not escalate and we will not back down", Free...More..

Toys R Us closes final stores Friday
by | Saturday, June 30, 2018

Toys R Us closes final stores Friday

Will the Toys R Us name and mascot disappear forever? Triple H got a big kick out of the images and took to social media to tease that maybe fans will see Geoffrey in an NXT ring someday. In 1965, Geoffrey ...More..

Harley-Davidson moves motorcycle production away from U.S. to avoid European Union tariffs
by | Tuesday, June 26, 2018

Harley-Davidson moves motorcycle production away from U.S. to avoid European Union tariffs

In a stock market filing, the company said the EU's reaction to Donald Trump's steel tariffs , which will add $2,200 (£1,657) to the average cost of a motorcycle exported from the USA to Europe, will resul...More..

NRF applauds online sales tax decision
by | Sunday, June 24, 2018

NRF applauds online sales tax decision

Now, for the first time since 1992, any of the USA states have the right to impose a tax on online shopping. In other words, the plaintiffs have one more opportunity to make any other Commerce Clause challenges...More..

Shopping online? Now you will have to pay taxes
by | Sunday, June 24, 2018

Shopping online? Now you will have to pay taxes

In addition to being a win for states, the ruling is a win for large retailers, who argued the physical presence rule was unfair. "If you are a local business that also has an online presence and you have a...More..

Marijuana Legalization Set for October 17, Trudeau says
by | Saturday, June 23, 2018

Marijuana Legalization Set for October 17, Trudeau says

Although the proclamation date was originally projected to be in September, Trudeau said that the extra month was requested by some of the "big" provinces - particularly Quebec to ensure that regulations are ...More..

China accuses U.S. of trade ‘abuses’ as India hits back at Trump
by | Friday, June 22, 2018

China accuses U.S. of trade ‘abuses’ as India hits back at Trump

The tariffs will hit $3.2 billion in USA imports to the European Union . In two weeks, the U.S. is due to start taxing $US34 billion in Chinese goods. The trade war risks significantly raising prices for con...More..

European Union retaliatory tariffs on US goods go into effect
by | Friday, June 22, 2018

European Union retaliatory tariffs on US goods go into effect

The EU has also filed a case contesting the legality of the USA tariffs with the World Trade Organization. The Commission formally adopted a law putting in place the duties on 2.8 billion euros (RM12.9 billio...More..