Stories about Markets

Feb 15 2019

Oil gains on Saudi output cuts; rally limited by United States output

The Energy Information Administration reported that USA crude stockpiles climbed by 3.6 million barrels in the week through February 8, compared with analysts' expectat...

Feb 14 2019

US President Donald Trump says could extend China trade talks deadline

China's economy already has shown signs of slowing, while the trade war has shaken the confidence of U.S. businesses, as retaliatory tariffs have raised prices and helped...

Feb 13 2019

McConnell says Senate will vote on 'Green New Deal'

Alexandria Ocasio-Cortez and Democratic Massachusetts Sen. The Green New Deal resolution unveiled last Thursday is a nonbinding measure meant to define the scope of...

Feb 10 2019

Huawei open to European supervision: executive in speech

The warning by Ambassador Gordon Sondland came after a report in business daily Handelsblatt that the German government wants to avoid excluding products offered by H...

Feb 08 2019

Amazon CEO Jeff Bezos says Enquirer threatened to publish revealing pics

Bezos , 55, asserted to AMI through his lawyers that the Enquirer has no right to publish the revealing photos, arguing that he and Sanchez hold the copyright to thei...

Feb 07 2019

Judge pauses lawsuits against cryptocurrency company Quadriga

Cotten died in India at age 30 from complications with Crohn's disease. Only after the company unlocks the system and moves Bitcoins out of cold storage and into a les...

Feb 07 2019

Facebook posts record profits as it shrugs off scandal-filled year

Despite a tumultuous year marked by data breach, privacy policy disputes and heavy scrutiny from federal regulator and lawmakers, Facebook's Q4 earnings increased 30 pe...

Feb 04 2019

How did the shutdown affect the January jobs report?

The unemployment rate for veterans of all generations jumped from 3.2 to 3.7 percent. However, the figures include federal government employees who were not working or ...

Feb 02 2019

Toyota, Nissan global sales fall short of Volkswagen

After Ghosn's arrest , Saikawa referred to the "dark side" of his former mentor's tenure and accused him of having accrued too much power. Renault SA, Nissan Motor...

Feb 02 2019

Amazon sparks fears with sales forecast

However, Amazon forecast first-quarter net sales of $56 billion to $60 billion, lower than the $60.83 billion expected from analysts polled by FactSet. "Alexa was very ...

Feb 02 2019

Venezuela: Juan Guaido accuses Maduro of threatening his family

Four major European powers - Britain, France, Germany and Spain - have said they would do so if Maduro fails to call fresh presidential elections by the weekend. Vene...

Feb 02 2019

Venezuelan oil exports to US still a primary source of cash

OPEC, together with non-members such as Russia, Kazakhstan and Oman, agreed in December to cut crude output this year by 1.2 million bpd to avoid a build-up in unused inv...

Feb 01 2019

Unemployment figures not released by government: NITI Aayog VC Rajiv Kumar

The CPI (M) has alleged that the latest NSSO data on employment had been suppressed by the government as it showed joblessness had reached a four-decade high post-demonet...

Feb 01 2019

Will the U.S. and China finally agree a trade deal?

President Donald Trump said on Thursday he wanted a "very big deal" US trade deal with China, but signaled there could be delays if negotiations fail to meet his goals ...

Jan 29 2019

Huawei: US charges Chinese telecoms giant with stealing trade secrets

The indictment alleges that Huawei stole robotic technology created to test smartphones from American cellular company T-Mobile. Part of the charges stems from a ci...

Jan 29 2019

United States budget deficit set to hit $897 billion

The longest partial U.S. government shutdown on record that ended Friday cost the U.S. economy billions of dollars as it kept a fourth of federal agencies shuttered for...

Jan 28 2019

Australia joins USA and Canada in backing Venezuala’s Guaido

The US official, in turn, "reaffirmed the United States' strong support for interim President Guaido's leadership of Venezuela", the State Department said. The former u...

Jan 26 2019

Huawei Set To Dominate Smartphone Industry in 2019, Unveils New 5G Tech

Huawei fired the man, who has denied wrongdoing. Yu's comments refer to the arrest of Huawei's global CFO Meng Wanzhou last month in Vancouver . Vodafone's Chief E...

Jan 23 2019

World economy forecast to slow in 2019 amid trade tensions

The latest forecast from the International Monetary Fund revealed Britain will keep up with or outperform the growth of some of the biggest players in the eurozone, e...