Media playback is unsupported on your device Media captionObama: 'Trump a symptom not the cause' of US division Former US President Barack Obama has launched a stinging attack on Donald Trump and the "crazy stuff that is coming out of this White House"."This is not normal, these are extraordinary times and they are dangerous times,"…
Paulo Whitaker/Reuters US equity markets were under pressure Thursday as the 10-year yield touched its highest level since the spring of 2011. Selling weighed heaviest on the tech-heavy Nasdaq, which saw losses in excess of 2%. Super Micro Computers crashed more than 50% after it was reported that Chinese spies implanted tiny chips in server motherboards…
DETROIT (Reuters) - Major automakers on Tuesday posted a hefty drop in U.S. new vehicle sales for September, caused in part by a decline in sales in areas hit by Hurricane Florence and a tough comparison to the previous September when consumers rushed to replace vehicles damaged by Hurricane Harvey. FILE PHOTO: Cars sit in…
Chinese stocks took a hammering Monday as traders returned to work after a weeklong holiday in the world's second-largest economy. Losses on major indexes in mainland China were as high as 4.8% in a major market rout, with the China A50, which includes major companies from both the Shenzhen and Shanghai indexes, as the biggest…
“If I were a Republican politician, I would be shouting about it,” Mr. Shepherdson said, “but there’s no way that growth is going to continue.” Manufacturing sectors in China, in particular, and Europe are weakening sharply, he said. The commentary accompanying the release of the manufacturing index this week, he said, was “tariffs, tariffs, tariffs.”…
WASHINGTON (Reuters) - The Chinese government may decline to participate in proposed trade talks with the United States later this month if the Trump administration moves forward with additional tariffs on imported Chinese goods, the Wall Street Journal reported on Sunday, citing Chinese officials. The US had proposed the talks, but at the same time…
Zachariah Vargas was six hours into his shift delivering packages for Amazon. He was about to drop off a package when he accidentally slammed the door of his truck on his hand. The door clicked shut, trapping his middle and ring fingers. Once he freed his fingers, the blood began to pour. Both of Vargas'…
Image copyright Reuters Image caption Nikki Rose (centre) and Ian Power (right) were the first to buy legal cannabis at Tweed in St. John's Newfoundland, just after midnight on Wednesday Canada has become the second country after Uruguay to legalise possession and use of recreational cannabis.The nationwide market for cannabis opened Wednesday at midnight amid…
Canada is ready for its close-up. That’s how it seems to Chrystia Freeland, Canada’s minister of foreign affairs, who acknowledged at the Fortune Global Forum in Toronto on Tuesday that the nation is taking more of a lead on the world stage. “I think you’re starting to see it,” she said. Freeland noted that the…
(Reuters) - U.S. stocks fell on Monday as an increase in tensions between Western powers and Saudi Arabia added to worries over rising borrowing costs and the impact of tariffs, following the main three indexes’ biggest weekly declines in over seven months. Traders work on the floor of the New York Stock Exchange (NYSE) in…
