Elon Musk: Saudis in talks to take Tesla private

The Saudi investment fund approached Musk months ago to discuss acquiring a minority stake but was turned down as the company did not plan on issuing new shares at the time, a source close to the discussions told Bloomberg . And while the U.S. Secur... More..

by | Published 9 hours ago
Global stocks drop, triggered by Turkey's deepening economic crisis
by | Saturday, August 11, 2018

Global stocks drop, triggered by Turkey's deepening economic crisis

Image: Donald Trump claimed 'relations with Turkey are not good at this time!' Turkey remains at loggerheads with the USA in one of the worst spats between two North Atlantic Treaty Organisation allies in y...More..

WTI Crude Oil and Natural Gas Forecast August 10, 2018
by | Friday, August 10, 2018

WTI Crude Oil and Natural Gas Forecast August 10, 2018

China's announcement came just a day after the U.S. Trade Representative's office released a finalized list of $16 billion worth in Chinese goods that will be hit with tariffs, effective August 23. Markets r...More..

Tesla board evaluating CEO Musk's idea to take company private
by | Wednesday, August 08, 2018

Tesla board evaluating CEO Musk's idea to take company private

That said , if they do want out, they can sell their shares at $420 per share, which is a fair bit higher than Tesla's current stock price ($382.67 at the time of writing, up from today's open price of $343.84...More..

Trump promises to stay the course on tariffs
by | Wednesday, August 08, 2018

Trump promises to stay the course on tariffs

China's Finance Ministry on Friday accused the Trump administration of damaging the global economy after the USA proposed increasing duties on $200 billion of Chinese goods in the second round of a dispute o...More..

by | Wednesday, August 08, 2018

Chinese Exports Accelerate As US Prepares New Tariffs In Heated Row

As early as July 5, the story of tariffs on US crude by China had been floated. The trade war between the USA and China continues to escalate, with China slapping a 25% tariff on another $16 billion worth...More..

Dead fetus reportedly found on plane at LaGuardia Airport
by | Tuesday, August 07, 2018

Dead fetus reportedly found on plane at LaGuardia Airport

The crew called LaGuardia police the next day at 6:01 a.m., sources said. An American Airlines spokesman confirmed that the incident is now under investigation. "We will release determination when the inves...More..

Conor is back - UFC says McGregor will fight October 6
by | Monday, August 06, 2018

Conor is back - UFC says McGregor will fight October 6

The "Notorious" has not fought in the UFC since November 2016, when he beat Eddie Alvarez for the lightweight title and became the first fighter to hold two titles simultaneously. "For Khabib, who is undefeat...More..

RBC Oil Market Will Tighten Amid Significant Loss Of Iran Crude
by | Monday, August 06, 2018

RBC Oil Market Will Tighten Amid Significant Loss Of Iran Crude

In the statement on Wednesday, a day ahead of monthly oil and gas output data publication, Novak said that Russian Federation was pumping on average 40,540 bpd less in July compared to October 2016, a cut-off...More..

White House proposed increasing tariffs on $200B in Chinese imports
by | Saturday, August 04, 2018

White House proposed increasing tariffs on $200B in Chinese imports

The drop in the PMI, a key indicator of manufacturing health in the world's second-largest economy, came as Trump's administration proposed a 25 percent tariff on another $200 billion in Chinese goods, up from ...More..

Expert talks savings on Iowa Tax Free Weekend
by | Friday, August 03, 2018

Expert talks savings on Iowa Tax Free Weekend

While Florence, S.C., is only 55 miles away and the tax-free weekend can seem tempting, people are encouraged to stay and shop local. Missouri: (August 3-5) Clothing & footwear under $100, computers under $...More..

Chipotle shuts OH restaurant after reports of illness
by | Thursday, August 02, 2018

Chipotle shuts OH restaurant after reports of illness

Patrick Quade, the founder of iwaspoisoned.com, told Business Insider that the number of reports had grown to 105, or 170 people sick, by Tuesday morning. Chipotle is also using ozone treatment to help with...More..

Pompeo supports Trump's offer of talks with Iran: State Department
by | Thursday, August 02, 2018

Pompeo supports Trump's offer of talks with Iran: State Department

Speaking during a joint news conference with Italy's premier Giuseppe Conte, Mr Trump said he would meet the Iranians "any time they want to". When asked whether Pompeo specifically supported talking to the I...More..

Apple is the first USA company worth $1 trillion
by | Thursday, August 02, 2018

Apple is the first USA company worth $1 trillion

Other technology companies with high-flying, trendy stocks are expected to join Apple in the $1 trillion club before long. The peak reached Thursday seemed unimaginable in 1997 when Apple teetered on the edge...More..

Trump greets European Union chief, says USA seeks 'level playing field' on trade
by | Saturday, July 28, 2018

Trump greets European Union chief, says USA seeks 'level playing field' on trade

Trump wrote in a Wednesday morning tweet. Finally, a Trade Promotion Program will be implemented, which will aim to assist in developing new export markets for USA agricultural products. Export statistics for...More..

Facebook Stock Decline Is Largest One-Day Drop in U.S. History
by | Saturday, July 28, 2018

Facebook Stock Decline Is Largest One-Day Drop in U.S. History

Shares in Facebook tumbled 19 per cent on Thursday on the United States' Nasdaq exchange to close at US$176.26 ($259.80) after sales and growth forecasts reported a day earlier, after normal trading closed, d...More..

Juncker presents Trump with cemetery photo, but it’s not a grave warning
by | Thursday, July 26, 2018

Juncker presents Trump with cemetery photo, but it’s not a grave warning

Minutes later, at a conference at the Center for Strategic and International Studies, Juncker said that the agreement emphasised the "special" nature of the alliance between the USA and the European Union going...More..

Trump tweets tariffs ‘are the greatest’ and threatens additional levies
by | Tuesday, July 24, 2018

Trump tweets tariffs ‘are the greatest’ and threatens additional levies

About one out of every three rows of US soybeans is shipped to China, according to estimates . The imposition of punishing tariffs on imported goods has been a favoured tactic by Trump, but it has prompted USA...More..

Crude Prices Rise Marginally, But One Trader Insists A Rebound Is Imminent
by | Saturday, July 21, 2018

Crude Prices Rise Marginally, But One Trader Insists A Rebound Is Imminent

Brent crude futures had fallen 21 cents, or 0.3 per cent, to $72.69 a barrel by 0615 GMT. He added that Saudi Arabia's total supplies to the market are poised to drop by 100,000 bpd in August compared with...More..

Murdoch's Fox cleared for Sky takeover bid
by | Friday, July 13, 2018

Murdoch's Fox cleared for Sky takeover bid

The move comes after Hancock last month urged Disney and 21st Century Fox to improve its terms, after the two companies offered a series of undertakings to protect the news broadcaster earlier this year. Sk...More..