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Stories about Finance

Jan 23 2020

Coronavirus: Chinese officials advise against travel to Wuhan

One veteran of the SARS outbreak said that while there are some similarities in the new virus - namely its origins in China and the link to animals - the current outb...

Jan 22 2020

China reports 4th death as new virus infection among humans confirmed

Chinese authorities said 291 people were infected with the virus as on Tuesday, AFP reported . The city markets in Wuhan, which might have caused the outbreak, are s...

Jan 21 2020

World powers agree to respect arms embargo in Libya’s war

The participation of so many major powers embroiled in the conflict signalled a renewed sense of urgency to stop spiralling violence, but the future of what was agreed up...

Jan 21 2020

Trump blasts impeachment by 'radical left' and touts trade deals to farmers

Trump told the American Farm Bureau Federation's 101st annual convention in Austin, Texas. "Trump wrote on Twitter". "Trump's trade wars, broken promises, and economic...

Jan 17 2020

Senate Republicans expect USMCA vote Thursday, clearing decks for impeachment

The only question was by how much, and when it would reach the Senate floor. Supreme Court Chief Justice John Roberts is to preside over the trial, with Trump facing ...

Jan 16 2020

BlackRock issues climate change warning to investors

This shift is already underway. Blackrock's approach contrasts with Norway's $1T sovereign wealth fund, which said a year ago it would stop investing in companies tha...

Jan 16 2020

US, China sign 'momentous' trade deal

U.S. President Donald Trump highlighted that the so-called phase-one deal signed in Washington will benefit farmers, a core voting bloc that he needs to appease to boos...

Jan 15 2020

Visa closes in on a deal to buy fintech Plaid

Bankers refer to companies like Plaid as "the plumbing" behind how these apps work. Plaid focuses on enabling consumers and businesses to interact with their bank accou...

Jan 15 2020

Vehicle sales in China decrease

The other two largest global vehicle markets, Europe and the U.S., also saw constant or falling fossil sales in 2019, according to the initial trend we saw in 2018. In ...

Jan 14 2020

GM engineers accused of street racing Corvettes in Kentucky

In Kentucky, exceeding the speed limit by 26 miles per hour is enough to trigger a court hearing and possible driving suspension. A third person driving another Corvett...

Jan 13 2020

Dow crosses 29,000 for first time -- but only briefly

The House also passed a resolution to limit President Donald Trump's war powers against Tehran on Thursday, with many concerned about the prospect of another escalation...

Jan 12 2020

Fed's Richard Clarida says policy appropriate if economy stays on track

I believe that monetary policy is in a good place and should continue to support sustained growth, a strong labor market, and inflation running close to our symmetric 2 p...

Jan 11 2020

Donald Trump reveals Soleimani's terrifying masterplan to attack US

He noted those would be both primary and secondary sanctions and that the executive order allows the United States to designate other sectors in the future. The secretary...

Jan 11 2020

The Dow Jones hits 29,000 for the 1st time in history

After a wobbly start to the new year on fears of an all-out conflict in the Middle East, nerves eased on Wednesday as Washington and Tehran looked to defuse the crisis af...

Jan 11 2020

Bitcoin Rally Continues, Price Exceeds $ 8K

The analyst added, nevertheless, bitcoin is likely going to migrate towards its 2019 high close to $14,000, but won't maintain that level for long. That is the opinion of...

Jan 09 2020

Carlos Ghosn's image rehab begins in wrong gear

In his conference, Ghosn called the Japanese justice system "rigged", where "guilt is presumed" and there is a 99-per-cent conviction rate. "I did not escape justice, I...

Jan 07 2020

U.S. and Iran must protect cultural sites, says UNESCO

Khamenei's voice cracked under the weight of the moment during a funeral procession unlike any in Iran's recent history. It also signals deep respect for the deceased. So...

Jan 07 2020

Tesla defies skeptics and sets a new record for deliveries in 2019

A lot of the rally has had to do with short-covering by investors who had bet shares would decline in 2019, but some of it can be attributed to the momentum Tesla has b...

Jan 06 2020

China replaces its top official in protest-riven Hong Kong

Wang, who had been director of the liaison office is will be replaced by 65-year-old Luo Huining, according to the official website of China's Ministry of Human Resources...

Jan 05 2020

United Nations chief urges restraint after USA kills Iranian general

But Armed Services Committee Chairman Adam Smith, D-Wash., ultimately yielded to the White House and Senate Republicans, keeping the 2002 authorization on the books. The ...