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Economy

International Trade Secretary Liam Fox has exposed fresh tensions at the top of the Government over Brexit after insisting Britain could not be involved in any customs union with the EU. Diplomatic sources say while China has expressed concern about Brexit, it has also been reassured by messages that Britain's door is wide open to Chinese investment - a marked contrast to the suspicious reception Chinese companies have recently received in Germany.
  • Trump's tax reforms are a timely tonic for Pfizer

    Trump's tax reforms are a timely tonic for Pfizer

    Economy

    Pfizer Inc.is a part of Healthcare sector and belongs to Drug Manufacturers - Major industry. PFE stock was down 2% as of Tuesday morning. About 38.80 million shares traded or 129.66% up from the average. These guidelines do not hold true in all situations, but they are a good general aid in trading decisions. BMO Capital Markets downgraded Pfizer Inc .
  • Trump says the dollar will get 'stronger and stronger'

    Trump says the dollar will get 'stronger and stronger'

    Economy

    Mr Mnuchin said he "welcomed" a weaker USA dollar as it would be good for "trade and opportunities". Asked whether there's a resurgence in currency wars, Hammond replied "I hope not" and said Mnuchin is "obviously right that the softness of the dollar is helping USA exports, US manufacturers, reassert their position".
  • Hack hits crypto currency

    Hack hits crypto currency

    Economy

    Dressed in maid costumes and wearing wrestling masks adorned with fuzzy pom-pom ears and cryptocurrency symbols the eight Virtual Currency Girls are a pop music manifestation of the digital currency frenzy that has swept Japan and other parts of the world.
  • Needle Moving Activity Spotted in Dr Pepper Snapple Group, Inc. (NYSE:DPS)

    Needle Moving Activity Spotted in Dr Pepper Snapple Group, Inc. (NYSE:DPS)

    Economy

    Pepper Snapple. The stock decreased 0.16% or $0.15 during the last trading session, reaching $95.81. 119,615 shares of the company traded hands, compared to its average volume of 1,029,037. It worsened, as 10 investors sold SP shares while 45 reduced holdings. 79 funds opened positions while 248 raised stakes. Suffolk Limited Liability Company reported 143,943 shares.
  • Trump administration is considering nationalising super-fast 5G network

    Trump administration is considering nationalising super-fast 5G network

    Economy

    But, the news outlet reported , a source familiar with the matter said a newer version of the document is neutral about whether the government should build and own such a network. Reuters reported that a senior administration official on Sunday said that the government wants to build a secure 5G network and it'll have to work with the industry to figure out the best way to do it.
  • German Automakers Exposed Humans And Monkeys To Car Exhaust

    German Automakers Exposed Humans And Monkeys To Car Exhaust

    Economy

    Daimler , for its part, said it "condemn (s) the experiments in the strongest terms", and was "appalled by the extent of the studies and their implementation." The statement, released at a time when only experiments with monkeys but not humans were publicly known, accused the researchers of having violated ethics rules and company values, even though an ethics commission had approved the study.
  • Elon Musk's flamethrower will star in the next Borderlands

    Elon Musk's flamethrower will star in the next Borderlands

    Economy

    Recent reports have revealed that Elon Musk has made things more interesting in the products that his startup, The Boring Company , are offering. creatures thanks to the folks at The Boring Company . In order to create demand and exclusivity, only 50,000 hats were to be sold with the promise of a flamethrower being available for purchase after all the hats were gone.
  • Oil prices continue to rise

    Oil prices continue to rise

    Economy

    The spread gives USA crude oil a competitive edge and exports are helping to narrow the gap between supply and demand in the world's largest economy, but the rally in general is supporting gains in US production. The dollar steadied after 3-year lows, prompting some profit taking after a furious rally for most commodities. Oil is on course for its third weekly gain this month as the cratering value of the USA currency elevated demand for dollar-denominated commodities when spare crude ...
  • South Korea hospital fire kills 31, injures dozens

    South Korea hospital fire kills 31, injures dozens

    Economy

    The local fire chief told reporters that the fire spread through the central staircase connecting all the floors from the ground level, and that firefighters contained the flames at the second floor. Hospital director Son Gyeong-Cheol admitted there was no sprinkler system in the building. Several recent fires in South Korea have been deadly.
  • Mattis wants to keep pressure on N Korea

    Mattis wants to keep pressure on N Korea

    Economy

    Speaking on his flight before landing at Pearl Harbor, Mattis also noted the USA was ready to "fight tonight" alongside South Korea , if attacked by the North. On whether K-pop artists would join the event, the official only said they are considering showcasing South Korean "contemporary music". "The South is considering playing modern and traditional music and holding literary events.