U.S. President Donald Trump’s top economic adviser said on Wednesday that Chinese President Xi Jinping was “holding up” a deal to resolve a “significant trade dispute” between the United States and China.
Amazon.com Inc said online shoppers purchased more than 100 million products worldwide during its Prime Day sale, despite glitches on its mobile app and websites that prevented customers from placing orders.
U.S. homebuilding fell to a nine-month low in June and permits declined for a third straight month, dealing a blow to the housing market as it struggles with a dearth of properties available for sale.
U.S. loan applications to refinance existing homes rebounded from their lowest levels in over 17-1/2 years last week, while home borrowing costs were mixed, data from the Mortgage Bankers Association showed on Wednesday.
BRUSSELS – Alphabet unit Google was hit with a record-breaking 4.34 billion euro ($5.04 billion) fine on Wednesday, topping the 2.4 billion euros it was ordered to pay in another case last year.
The French government said on Wednesday that it welcomed the record 4.34 billion euros ($5 billion) fine imposed on Google by European Union regulators, with a government spokesman describing it as an “excellent decision”.
James Bond would love it. Aston Martin, maker of the luxury sports cars favored by the fictional British spy, has now come up with a futuristic personal aircraft it has dubbed “a sports car for the skies”.
EU Competition Commissioner Margrethe Vestager said she “very much liked” the United States, countering a reported remark by President Donald Trump that she “hated” the country because of her antitrust actions against U.S. firms.
Boeing Co struck a new deal for 100 passenger jets with Vietnamese budget airline VietJet Air on Wednesday, deepening a battle for market share against rival Airbus in one of southeast Asia’s hottest markets.
Airbus is not planning to respond with a new aircraft should U.S. rival Boeing go ahead with a proposed middle of the market jet, the European aerospace group’s chief executive said on Wednesday.
Google has confirmed the expected, that it will indeed appeal the record $5 …read more […]
Canada’s housing agency has asked the country’s tax authority to take a “more direct and formal role” verifying income claimed on mortgage applications, part of a two-year plan to tackle mortgage fraud, documents obtained by Reuters show.
U.S. Rep. Martha Roby won Alabama’s Republican runoff, fighting through lingering fallout from her years-old criticism of then-candidate Donald Trump in a midterm contest that hinged on loyalty to the GOP president. The four-term incumbent will now represent the GOP on the November ballot having defeated Bobby Bright, a former Democrat who tried to cast himself as the more authentic Trump ally in the low-turnout Republican contest. The Trump White House was on Roby’s side. …read more […]
Morgan Stanley reported a better-than-expected quarterly profit on Wednesday, driven by gains in its fixed income and equities trading businesses, sending its shares up 3.3 percent.
World stocks hit a one-month high on Wednesday as a bullish outlook from the head of the U.S. central bank and rising company earnings buoyed the mood, lifted the dollar and sent safe-haven gold to a one-year trough.
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