Stories about Business

Dec 08 2018

May says it's my deal, no deal or no Brexit at all

Mrs May said: "We have delivered a deal that honours the vote of the British people". "The vote will take place on Tuesday as planned", May's spokeswoman said. He welco...

Dec 07 2018

Alberta to reduce oil production in 2019 to increase prices

Dave is joined by Calgary Herald business columnist Chris Varcoe. The discount on Western Canadian Select to USA benchmark prices widened to US$50 a barrel in October, ...

Dec 07 2018

Chinese embassy in Ottawa demands release of Huawei exec arrested in Vancouver

Meng, the daughter of Huawei's founder, Ren Zhengfei, was arrested in Canada on Saturday and is expected to be extradited to the United States on charges of viola...

Dec 07 2018

Crude Oil Prices Fall After Delay In Production Decision

Minister of Energy, Industry and Mineral Resources of Saudi Arabia and chairman of Saudi Aramco, Khalid A Al-Falih recently spoke about reduced crude oil prices and m...

Dec 07 2018

White House intensifies confusion and fear on US-China deal

Talks during the 90 day period during which President Donald Trump has agreed to suspend US tariff hikes will start by focusing on farm goods, energy and automobiles, s...

Dec 06 2018

White House adviser: Trump-Xi trade talks went ‘very well’

The Trump-Xi meeting was the marquee event of Trump's whirlwind two-day trip to Argentina for the G-20 summit after the president canceled a sit-down with Russian Preside...

Dec 05 2018

What Trump Expects by Giving China a 90-Day Tariffs Break

Donald Trump and Xi Jinping met dinner in at G20 in Argentina. "Treasure Secretary Steven Mnuchin acknowledged investors" doubts over the talks' outcome. That approa...

Dec 02 2018

May faces more Brexit woes after another UK minister quits

Speaking to a parliamentary committee, May was asked several times whether she would personally allow a disorderly Brexit to happen if - as looks increasingly likely - MP...

Dec 02 2018

Microsoft's Valuation Catches Up To Apple - How Did It Happen?

The last time Microsoft was bigger than Apple by this metric was in mid-2010, according to data compiled by Bloomberg . Apple and Microsoft have one of the most storie...

Dec 01 2018

Dow up 600 points as Fed chief says interest rates near neutral

In its report, the Fed warned that markets and financial firms will need to continue to adjust to plans for future rate hikes after years of low interest rates follow...

Dec 01 2018

Trump downplays GM plant closings, repeats false claim about steel plants

GM is set to idle five factories in the United States and Canada and eliminate about 14,000 jobs, more than ten percent of its North American workforce. The White House...

Nov 28 2018

Tunisian activists protest against Saudi Crown prince visit

Regional allies, meanwhile, have thrown their support behind the Crown Prince. "There's no way he could do that sort of trip right now", Hellyer said . The trip is his...

Nov 28 2018

Climate change linked to natural disasters

All told, climate change could trim off 10 per cent of USA gross domestic product by the end of the century, according to the congressionally mandated assessment. For ins...

Nov 24 2018

Wall Street climbs as tech, internet stocks bounce back

The Nasdaq, heavily populated with technology stocks, is off close to 5 percent. Target decreased 10.5 percent after reporting weaker-than-expected earnings for the p...

Nov 21 2018

Bitcoin Breaches $5000 Level but XRP Holding its Ground

Currently, the Bitcoin valuation stands at $81.2 billion. Furthermore, Bitcoin now has a market capitalization of $92 billion the lowest it has being since the ye...

Nov 20 2018

Nissan to propose removal of chairman Carlos Ghosn over 'financial misconduct'

Saikawa said Nissan's board will vote Thursday on dismissing Ghosn and Kelly, whom he described as the mastermind of the alleged abuses. "Numerous other significant acts ...

Nov 17 2018

Indonesia to return remains of Italian killed in Lion Air plane crash

The fiancee of an Indonesian man killed when his flight crashed into the sea has taken their wedding pictures alone in a bid to "fulfil his last wish". Flight JT 610 wi...

Nov 16 2018

OPEC puts Iran's October oil output at 3.296m bpd

To do so successfully, OPEC - under the de-facto leadership of Saudi Arabia - will need Russian Federation on its side, which is not an OPEC member. On Tuesday, U.S. ...

Nov 15 2018

PM's statement on Brexit: 14 November 2018

UK Cabinet ministers were invited to read the papers relating to the draft deal on Tuesday night ahead of the special meeting of Prime Minister Theresa May's senior tea...

Nov 15 2018

Amazon finally reveals choice for its new headquarters

Amazon even shared a map pinpointing the "neighborhood". She refused to sign a contract with the would-be buyer, and pulled the listing to wait for a more lucrative futu...