Finance

Tesla Speeds Past $100 Billion Market Value, Cuts Off Volkswagen

Tesla shares have more than doubled since the company reported a surprise third-quarter profit and told investors it was ahead of schedule bringing out its ne...


Here's the growing list of cities quarantined from the China coronavirus

The city of Wuhan, which is believed to be the origin of the coronavirus , announced Wednesday that they are quarantining all 11 million residents, closing roa...


President Trump touts Phase One trade deal with China

They've taken advantage of our country, the European Union , for many, many years. "We place great value on the WTO and the indispensible role of the instituti...


All eyes on Portugal after Angolan 'Princess' graft scoop

Dos Santos issued further denials on Thursday, after it emerged she had been named as a criminal suspect in Angola, claiming "the rule of law has been undermine...


Central Banks Form a Group to Study Digital Currency Use Cases

Mr. Yamaoka said the creation of the joint study group could speed up moves by the central banks to use blockchain technology for large-scale, wholesale set...


Thunberg v Trump: A trillion trees is 'not enough'

The 17-year-old was speaking as part of a panel of teen activists on the opening morning of the conference on Tuesday. The two-day visit will test Trump's abi...


Mnuchin: Commercial businesses boost U.S. growth, Boeing 737 MAX drags

Mnuchin said at the World Economic Forum in Davos that he found the latest projections of the International Monetary Fund (IMF) - which trimmed its forecast f...


China virus deaths hit 17, heightening global alarm

Nearly 20 days later, the virus had spread to other countries through private travelling individuals whose health status had been unconfirmed. "We continue to...


PM Imran meets US President Trump on sidelines of WEF

Trump's participation at the forum provided another conspicuous split-screen moment in his presidency. "And yet, we allocated Rs190 billion for the Ehsaas progr...


Greta Thunberg calls on world leaders to listen to young activists

But especially that we start listening to the science and that we actually start treating these crises as the crisis it is, as the crisis they are, because th...


France, US agree to extend digital tax row talks, says French diplomat

French President Emmanuel Macron and Donald Trump of the US agreed a truce in their dispute over digital taxes that will mean neither side imposes punitive ...


World Health Organization will convene an emergency meeting as the virus spreads from China

A fourth person has died from pneumonia in the central Chinese city of Wuhan following the outbreak of a new coronavirus , authorities have confirmed . Scie...


Haftar chokes off oil Libya's oil production as fighting continues

U.S. Secretary of State Mike Pompeo says a summit in Berlin on the conflict in Libya has made progress toward a fully fledged cease-fire, and that he hope...


International Monetary Fund lowers India growth estimate to 4.8 per cent for 2019

The IMF predicted that the trade deal would support China's GDP growth. Low interest rates and reduced trade tensions will likely buoy the global economy ...


Trump promotes China, Mexico-Canada trade deals to farmers

Sunday evening President Donald Trump spoke at the 101 Convention of American Farm Bureau Federation . They have achieved" Paydirt "with our incredible new ...


It Was a Week For Trade Deals

As for other types of purchases from the US such as farm products, manufactured goods, and energy products, they would not only significantly help reduce the US...


Morgan Stanley tops Goldmans in market value thanks to fixed income trading

The financial services provider reported $0.93 EPS for the quarter, missing the Zacks' consensus estimate of $1.10 by ($0.17). Shares rose 1.5 percent in pr...


Modi's party slams Washington Post's 'biased' India coverage

Amazon India also announced to create one million new jobs in the country over the next five years. Attending another event with industry leaders in Mumbai ...


NHTSA Considers Investigation Into Reports Of Teslas With Unintended Acceleration

A crash occurred in Gardena, California, on December 29, when a Tesla Model S left a freeway at speed, ran through a red light and crashed into a Honda Civic....


Google parent Alphabet joins the $1 trillion club: 9 things to know

Consider the change from ten years ago when Apple and Microsoft shared the top corporation list with mostly oil companies. On the negative side, the company...


Fear of climate breakdown tops the list at World Economic Forum

The risk of recession also looms over the global economy, with more than three-quarters of the survey's respondents identifying economic and geopolitical turm...


BlackRock Hopes to Lead the Sustainable Investment Charge Against Climate Risk

Excluding items, however, Wednesday's report revealed BlackRock's quarterly EPS at $8.34 instead. That helps us fund This Is Money, and keep it free to use....


Global PC shipments grew 2.3% in Q419: Gartner

For the full year, PC shipments came to 261.2 million units, showing 0.6 percent growth from 2018. "The PC market's [growth] ... was driven by vibrant busines...


Microsoft Plans to be Carbon Negative by 2030

And since Microsoft can not avoid producing Carbon dioxide altogether, it will invest in technologies to capture and store the gas to reduce the amount in the...


China's population now over 1.4 billion as birthrate falls

Even though the abolition of the one-child policy with the introduction of the two-child policy in 2015 yielded positive results two years afterwards, the one-c...


China registers lowest economic growth in 29 years

But analysts note that China's slowdown is structural, as it becomes a more developed economy and faces demographic challenges such as a shrinking number of...


Wall Street Clocks Record Closing High After US-China Sign Trade Truce

However, trading was very volatile in the later afternoon before settling down. Eastern time. The Dow Jones Industrial Average rose 141 points, or 0.5%, to ...


Wholesale Inflation At 2.59% In December

The core PCE index that policy makers watch for a better read on underlying price trends softened in November, rising 1.6% from the same month in 2018. Meanwhil...


NRF: Holiday retail sales up 4.1%

The estimate for the fourth quarter is now capped at 2.5%. The Commerce Department said on Thursday retail sales increased 0.3 per cent last month. Overall ...


CME Slays Bakkt, Institutional Investors Betting on the Bitcoin Price Going Up

Although unavailable to U.S. traders, volumes reached $ 1 million in the first two trading hours, according to CEO Sam Bankman-Fried. Options appear, the more b...


Amazon’s billion-dollar investment pledge isn’t doing India any favours - commerce minister

Amazon and Walmart's WMT.N Flipkart are facing mounting criticism from India's brick-and-mortar retailers, which accuse the USA giants of violating Indian la...


China and United States sign phase one trade deal

The crowd included everyone from Henry Kissinger to casino magnate Sheldon Adelson. The official said China has not made any specific commitments to cut t...


Visa to buy fintech startup Plaid in US$5.3b deal

Visa will pay total purchase consideration of Dollars 5.3 billion to acquire Plaid. Plaid focuses on enabling consumers and businesses to interact with their ...


Wall Street nears record high on trade, earnings optimism

Nasdaq Composite index added 95 points, or 1% to close at about 9,274. The Dow Jones Industrial Average .DJI fell 37.87 points, or 0.13%, at the open to 28,90...


Esper has seen no hard evidence for embassies' threat claim

Pompeo has repeatedly said that Soleimani was planning an attack on USA diplomats and service members in the weeks leading up to his death and that information ...