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Stories about Business

Aug 19 2018

Google employees question company plans for Chinese search engine

Pichai told employees: "We'll definitely be transparent as we get closer to actually having a plan of record here" on Dragonfly , according to the transcript. "I think t...

Aug 18 2018

China backs Turkey to overcome its economic crisis

He asked Mnuchin for an update on sanctions punishing Turkey for pastor Andrew Brunson's detention. This is the third attempt of the lawyer Branson Ismail CEM Hal...

Aug 17 2018

Russia Favors Trade With National Currencies, Not US Dollar

Mr Brunson has denied charges of espionage, but faces up to 35 years in jail if found guilty. Ankara responded by levying similar largely symbolic sanctions again...

Aug 17 2018

Turkey braces for hard times amid currency crisis, United States spat

A Turkish court also rejected the American pastor's appeal to be released from house arrest and have his travel ban lifted. The hikes were published in Turkey´s Offic...

Aug 17 2018

China, US look to diffuse trade conflict; talks slated late August

Amid a stalemate in the trade war with the US, China will send a top official to Washington this month to resume the high-level dialogue to resolve the deadlock over Pres...

Aug 16 2018

Turkey slaps more tariffs on U.S. goods, escalating trade tensions

The U.S. Department of Treasury sanctioned Turkey's Minister of Justice Abdulhamit Gul and Minister of Interior Suleyman Soylu in early August over their roles in Brun...

Aug 15 2018

Dollar rises to 13-month peak on anxiety over Turkey

The president's comments came after diplomats from both sides met Monday to calm tensions. Erdogan has remained defiant after Trump doubled tariffs on aluminum and ...

Aug 15 2018

Tesla Board 'Totally Blindsided' by Musk's Suggestion to Take Company Private

Musk said that since his Twitter post on the possibility of a deal the managing director of the Saudi fund had expressed support for proceeding, subject to financial ...

Aug 15 2018

Rupee breaches 70/$ as investors turn jittery over Turkish currency turmoil

The rupee on Monday touched an all-time low of 69.62 per dollar in early trade, tracking broader weakness in other emerging market currencies on concerns of a spill-over ...

Aug 14 2018

Turkey's currency crisis triggers global worries, Middle East News & Top Stories

Turkish President Recep Tayyip Erdogan on Monday promised action against " economic terrorists " plotting to harm Turkey by spreading false rumours and vowing that...

Aug 14 2018

Turkey says Trump tariff move will harm ties, vows retaliation

Despite Trump's insistence, Turkey has not budged in freeing American pastor Andrew Brunson, who has been detained by Turkey for nearly two years on charges that he was w...

Aug 13 2018

S&P 500, Dow end lower with energy, financials; Tesla falls

The gains come as the latest data pointed to the strength in the labor market, underscoring the health of the economy despite ongoing trade tensions. Microchip Technolo...

Aug 09 2018

Tesla shares down as Wall Street digests take-private plan

Shares rose 11 percent Tuesday but fell almost 2 percent at midday Wednesday to $372.38. The Times article went on to mention that, if Musk has not in fact fully secu...

Aug 08 2018

Elon Musk is seriously considering taking Tesla private

Trading for Tesla stock was re-activated fifteen minutes before the closing bell was rung, and the automaker closed the day up 12 percent, realizing a massive $6 billion+...

Aug 07 2018

Trump admin snaps first nuclear deal sanctions back on Iran

Just after the clock strikes midnight, it will usher in a new day and a return to past USA policy: As of 12:01 a.m. ET Tuesday, the Trump administration says it will re...

Aug 04 2018

China threatens new tariffs on $60bn worth of U.S. goods

The tariffs would be imposed at four different tax rates, China's Ministry of Commerce said in a statement . US exports had an unusual surge this spring as other cou...

Aug 01 2018

Harley-Davidson Is Hoping To Save Itself With New Designs

Harley-Davidson is also changing its retail strategy and expanding its push internationally following declining US sales. Meanwhile, the company will continue its devel...

Jul 31 2018

For Big Mac's 50th anniversary, McDonald's is giving away free burgers

The coins come in five different designs featuring the art, music, and pop culture elements that represent each decade of the Big Mac's life. More than 6.2 million MacC...

Jul 30 2018

Charter Communications Banned from Doing Business In New York State

The company said its workers "remain focused on delivering faster and better broadband to more New Yorkers, as we promised". During the transition process, Charter must c...