Markets

United States opened criminal probe of Huawei for trade secret theft

Reuters could not immediately confirm the report. The most recent development involves China re-sentencing a Canadian citizen detained in the country to deat...


China trade war talks end on a positive note

Macy's announcement came as a surprise because investor expectations for the holiday season have been high. The Chinese side was led by Commerce Vice Minister W...


Apple issues profit warning as iPhone/iPad sales fail to hit targets

The reason? "China's economy began to slow in the second half of 2018." Wow. Wall Street analysts, who had been peppering Apple's stock with downgrades in r...


Apple cuts revenue guidance because of slow sales in China

Apple's CEO went on saying that consumers adapting to a market where carrier subsidies are scarce, the price increases due to United States dollar strength flu...


New Yorkers stunned by bright blue skies at night

One resident, Joe Calderone, told the New York Post: "Damn, I thought a UFO hit Con Ed". The explosion lit up the sky so brightly in neighborhoods like ...


Markets Right Now: Stocks surge on Wall Street

American exchanges were closed on Tuesday for the Christmas holiday, but stocks are inheriting downside momentum from a Monday plunge when they recorded the...


AB InBev in Tilray deal to tap cannabis drink market

Brendan Kennedy, a chief executive of Tilray, said they were delighted to be joining forces with AB InBev to research how to create enjoyable cannabis beverage ...


Russia's Putin says threat of nuclear war should not be underestimated

The Russian leader made the remarks at his annual end of the year news conference. Ryabkov accused Washington of "extremely intrusive" attempts to shine a lig...


Oil prices steady as China-US trade tensions ease

Oil ministers said the cuts would be from October production levels except for Kuwait and that Iran, Venezuela and Libya - at risk of output declines due to USA...


Engineer Gets Revenge On Package Thieves With Glitter Bomb

Rober, who worked for NASA Jet Propulsion Laboratory (JPL) for 9 years and whose work is now being driven around by the Curiosity rover on Mars , says he was...


Bookmakers predict Theresa May will survive no confidence vote

May cancelled a Wednesday (Thursday NZT) trip to Dublin to meet Irish Prime Minister Leo Varadkar so she could stay in London and battle for lawmakers' suppor...


Theresa May defeats leadership challenge by 83 votes

If the PM loses the vote, she would not be able to stand in the subsequent leadership contest. The leadership challenge marks a violent eruption of the Conse...


Marlboro-Maker Investing $2.4 Billion in Canadian Cannabis Producer Cronos

That will give Altria a 45% stake in the company, with an option for Altria to increase its stake to 55% over the next five years. Aurora Cannabis Inc.'s st...


Huawei’s CFO Meng Wanzhou Arrested and Now Everyone Is Very Nervous

Meng's bail hearing has been scheduled for Friday. McLeod said a publication ban had been imposed in the case and he could not provide further details. Her ...


OPEC looks to cut oil production to bolster falling price

Negotiations between OPEC members are fraught, however, as some feel that Saudi Arabia wields too much clout in setting policy. Saudi Arabia has indicated i...


After Dow drops, President Trump seeks to reassure investors on China

Among the conflicting assertions that White House officials made was over whether China had actually agreed to drop its 40 percent tariffs on USA autos . W...


Trump announces Chinese rollback of auto tariffs

On the USA side, these included advisers such as Kudlow and Treasury Secretary Steven Mnuchin, who are widely seen as wanting to cut a deal, but also hawkish ad...


United States threaten to impose tariff rate on Chinese goods

While the decision to close the plants appears more related to the industry trends and consumer demand, experts told Business Insider that Trump's tariffs on...


Hundreds of demonstrators protest against Crown Prince's visit to Tunisia

President Abdel Fatah al-Sisi received on Monday, Nov. 26 Bin Salman upon his arrival at Cairo International Airport. The trip, aimed at rebuilding his im...


EU's Tusk says Brexit declaration agreed with UK

May also underscored the cooperation that has led to a preliminary agreement on memorandums of understanding on a set of issues of particular concern to the com...


Bitcoin falls below $5,000 for 1st time since 2017

Meanwhile, Ethereum is down 87pc from its all-time high, according to cryptocurrency news site CCN . We have warned over the past weeks that the cryptocurren...


OPEC, partners discuss oil supply cut of up to 1.4 million bpd

You can track oil prices live at Markets Insider. Just weeks ago, some trading firms were talking of $100 oil. "Yes, we have done this in the past but this w...


Amazon’s second headquarters won’t be anywhere close to North Texas

Plus, even though smaller cities didn't land Amazon HQ2 , Amazon did announce it would add 5,000 jobs at a new operations hub in Nashville, and has alr...


24-year-old air hostess breastfeeds stranger’s baby during a flight

The flight attendant was on a "check flight", which would qualify her as a cabin crew evaluator. But flying without breast milk or formula on hand to satiate a ...


Amazon drops its $25 free shipping minimum for holidays

Target last month raised the stakes for the all-important holiday shopping rush, offering USA customers free two-day shipping. Prime membership is not requir...


U.S. wage growth jumps to its highest rate since 2009

Other data suggest hiring has indeed gathered pace, "but we won't know if that's really happening until we have another couple months' data", he said in a clien...


Spotify subscribers can get a free Google Home Mini from today

The deal is pretty straightforward: sign up for Spotify Premium for Families and you get a free Google Home Mini. Spotify points out that its family plan is...


Asian Markets Fall After Sharp Losses On Wall Street

In New York trading overnight, the Nasdaq composite with its hefty roster of tech stocks bore the brunt of the sell-off, falling more than 10 per cent below it...


China leading the way in UBS billionaire report 2018

In 2017, two out of three new super wealthy individuals a week in Asia were Chinese, keeping the region's 814-strong cohort above their 715 U.S. counterparts fo...


Tesla Model Y approved for production

According to the Journal , Tesla the FBI "has intensified" its investigation into whether Tesla misstated data on the production of its Model 3 , its lo...