Boris Johnson urges clean Brexit, 2 years after United Kingdom vote to quit

They go on to say: "We believe you could also make clear that your preferred outcome is a free trade deal between Britain and the European Union, an arrangement that is to the mutual benefit of both parties". "We didn't know about the cost of the div... More..

by | Published 8 hours ago
International Monetary Fund welcomes Greek debt deal but has reservations on long-term
by | Monday, June 25, 2018

International Monetary Fund welcomes Greek debt deal but has reservations on long-term

With hundreds of reforms requested by its creditors already completed, Greece has made significant progress, but to lend to it again, investors need to know it will not collapse under the weight of servicing a ...More..

Online tax ruling could mean $20M for NM
by | Monday, June 25, 2018

Online tax ruling could mean $20M for NM

Boston-based Wayfair says it has been collecting sales tax as it has opened warehouses across the country to ship its sofas, rugs and other products. The 1992 decision eventually gave a huge boost to out-of-s...More..

Why the Online Sales-Tax Ruling May Have Limited Impact
by | Sunday, June 24, 2018

Why the Online Sales-Tax Ruling May Have Limited Impact

If you enjoyed the illicit thrill of avoiding the 6.25 percent IL sales tax on internet purchases of running shoes or steaks, you'll mourn the court's opinion in South Dakota v. Broader taxing power will let s...More..

Governor, Finance chair do not support internet sales tax
by | Sunday, June 24, 2018

Governor, Finance chair do not support internet sales tax

The 5-4 ruling is widely seen as a victory for brick-and-mortar stores, which previously said online retailers' ability to avoid sales-tax collection gave them an advantage. But using the compliance services wo...More..

Iran’s Demands Met in OPEC Meeting, Ex-Envoy Says
by | Sunday, June 24, 2018

Iran’s Demands Met in OPEC Meeting, Ex-Envoy Says

On Thursday evening, a deal looked to be slipping away after Iranian Oil Minister Bijan Namdar Zanganeh walked out of a meeting with fellow ministers, predicting nobody could persuade him to back an increase. "...More..

Trudeau says Canadians can officially expect marijuana legalization in October
by | Sunday, June 24, 2018

Trudeau says Canadians can officially expect marijuana legalization in October

The country will become the second in the world to make pot legal nationwide. It also said marijuana should not be sold in the same location as alcohol or tobacco. The Senate gave final passage to Prime Ministe...More..

by | Friday, June 22, 2018

Oil prices rise 1% as OPEC meets

The real production increase would be around 600,000 barrels a day, a delegate familiar with Opec's internal calculations said. Adding an extra one million barrels per day to the market "sounds like a good ta...More..

European Union tariffs on U.S. products have gone into force
by | Friday, June 22, 2018

European Union tariffs on U.S. products have gone into force

Case in point: Daimler AG late Wednesday slashed its earnings outlook for the year, saying fewer Chinese consumers will buy Mercedes-Benz SUVs because of tariffs Beijing is slapping on autos imported from the U...More..

by | Friday, June 22, 2018

OPEC meeting in Vienna kickstarts today: Here's what you can expect

The Iranian publication Seda quoted anonymous sources as saying Zanganeh told the other producers that the proposed increase would pave the way for cuts in Iranian oil output that are likely to result from a ...More..

European Union slaps retaliatory tariffs on U.S. as trade war rattles markets
by | Friday, June 22, 2018

European Union slaps retaliatory tariffs on U.S. as trade war rattles markets

The majority of United States goods targeted by the European Union , such as tobacco, Harley Davidson motorcycles, cranberries and peanut butter, will now carry a tariff of 25%. Although there has been no re...More..

Dow falls 287 points as trade war fears escalate
by | Thursday, June 21, 2018

Dow falls 287 points as trade war fears escalate

President Donald Trump , said he's unaware of any tariff exemption for Apple Inc.'s iPhone in the growing trade spat with China. Gregory Daco, the chief U.S. Trump announced tariffs on Friday on US$50...More..

India Urges OPEC Nations To
by | Thursday, June 21, 2018

India Urges OPEC Nations To "Fill Supply Gap", Ensure Sustainable Prices

The brewing tensions between the world's two largest economies comes ahead of Friday's highly anticipated meeting of oil ministers from around the globe at the Organization of the Petroleum Exporting Countries ...More..

Hackers steal $30 million from top Seoul bitcoin exchange
by | Thursday, June 21, 2018

Hackers steal $30 million from top Seoul bitcoin exchange

It added that it had transferred assets to a "cold wallet" - a term used to refer to external storage unconnected to the internet - as part of the process. According to Coinmarketcap .com, Bithumb is the sixth...More..

China may have 'underestimated' Trump's resolve
by | Thursday, June 21, 2018

China may have 'underestimated' Trump's resolve

Baker says that if China were really determined to strike back at the United States, it would employ what he describes as the "nuclear option" of totally disregarding American companies' intellectual prope...More..

Disney making $70.3 billion counterbid for Twenty-First Century Fox
by | Wednesday, June 20, 2018

Disney making $70.3 billion counterbid for Twenty-First Century Fox

Both Disney and Comcast are looking to use the Fox assets to bolster their content and expand overseas. Disney could sweeten its all-stock bid with cash, given its strong balance sheet and the potential...More..

Elon Musk sent an email warning of employee sabotage at Tesla
by | Tuesday, June 19, 2018

Elon Musk sent an email warning of employee sabotage at Tesla

He went on to say that there "may be considerably more to this situation than meets the eye", noting that "there are a long list of organizations that want Tesla to die". Several employees, from different div...More..

U.S. stock markets fall sharply amid fears of global trade war
by | Tuesday, June 19, 2018

U.S. stock markets fall sharply amid fears of global trade war

Security guards walk in front of containers at the Yangshan Deep Water Port in Shanghai, China on April 24, 2018. China, claiming the United States had "launched a trade war," retaliated nearly immediate...More..

Merkel accepts CSU offer to delay ban on migrants: DPA
by | Tuesday, June 19, 2018

Merkel accepts CSU offer to delay ban on migrants: DPA

But the chancellor contradicted her ally on steps that should be taken in Germany , saying that " there will be no automatism " in rejecting asylum seekers following European Union negotiations. German Interi...More..

China Tariffs Hurt US Crude Oil Price
by | Tuesday, June 19, 2018

China Tariffs Hurt US Crude Oil Price

Trump's latest salvo in a brewing trade war would mean a sizable amount of Chinese goods shipped to the US would be exposed to tariff threats and raises new questions about the impact on American consumers. La...More..

Trump announces tariffs on $50 billion in Chinese imports
by | Tuesday, June 19, 2018

Trump announces tariffs on $50 billion in Chinese imports

US President Donald Trump has approved tariffs worth Dollars 50 billion on import of goods from China. Trump said the 25 percent tariff is supported by a report from the Office of the U.S. USTR added ...More..

Merkel says to support Italy in tackling migration challenge
by | Monday, June 18, 2018

Merkel says to support Italy in tackling migration challenge

Merkel has reportedly urged Seehofer to give her until the European Union summit at the end of June, but the Bavarian has kept up pressure for a solution to be found in the coming days. But he said the aim sh...More..

Head of VW's Audi arrested in Germany over diesel scandal
by | Monday, June 18, 2018

Head of VW's Audi arrested in Germany over diesel scandal

Rupert Stadler, CEO of German vehicle producer Audi, briefs the media during the annual press conference in Ingolstadt, Germany. Audi responded by insisting there was a presumption of innocence in the allegat...More..

by | Monday, June 18, 2018

Audi CEO Rupert Stadler arrested in Volkwagen emissions investigation

In May, a federal grand jury in Detroit indicted Winterkorn on charges stemming from the diesel emissions cheating scandal in a plot that prosecutors allege reached the top of the world's largest automaker. U...More..

Salmonella Outbreak Linked To Kellogg’s Honey Smacks Cereal — CDC
by | Sunday, June 17, 2018

Salmonella Outbreak Linked To Kellogg’s Honey Smacks Cereal — CDC

Preliminary reports link Honey Smacks to more than 70 illnesses in 31 states . Kellogg's Honey Smacks cereal has a UPC code of 38000 39103. The Kellogg Company announced Thursday it was recalling ...More..