WASHINGTON (Reuters) - The United States snapped sanctions back in place on Monday to choke Iran’s oil and shipping industries, while temporarily allowing top customers such as China and India to keep buying crude from the Islamic Republic. FILE PHOTO: A general view of an oil dock is seen from a ship at the port…
Image copyright HoC The UK is "significantly closer" to delivering on the result of the Brexit vote, Theresa May has told MPs.She told the Commons it would give the UK control of borders, laws and money - and also protect business and jobs. The PM is now in a crucial cabinet meeting where she is…
Wall Street was unimpressed with Apple's quarterly earnings results, announced on Thursday— so much so, that shares plunged over 7% after the bell, putting Apple in danger of losing its much-vaunted market cap of $1 trillion. At the time of writing, Apple stock is priced at $206.30 in after-hours trading, and still moving around. Should…
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…
Enlarge / A general view of Laguna Colorada located near the border with Chile, in the Uyuni salt flats, Bolivia. The Uyuni salt flats are estimated to contain 100 million tons of lithium, making it one of the largest global reserves of this mineral, according to state officials at the Bolivian Mining Corporation. MARTIN BERNETTI/AFP/Getty…
DUBAI (Reuters) - So grave is the fallout from the disappearance of Saudi journalist Jamal Khashoggi that King Salman has felt compelled to intervene, five sources with links to the Saudi royal family said. Last Thursday, Oct. 11, the king dispatched his most trusted aide, Prince Khaled al-Faisal, governor of Mecca, to Istanbul to try…
Research from UBS shows President Trump's tariffs on Chinese goods are having a material effect on US-China trade. The analysts reviewed US import data for $34 billion of products that fell within the first tranche of US tariffs on July 6. And the decline has been "sharp and unambiguous": Census/UBS "The modest uptick in September…
The top cyber and communications spy in Australia has explained why Huawei and ZTE have been barred from the country's 5G network and China is unimpressed. Mike Burgess, the director-general of the Australian Signals Directorate, said in Canberra on Monday that the ban on Chinese telecom firms like Huawei Technologies and ZTE was in Australia's…
WANG JIANQIN, in a thick red jerkin worn over her working clothes, does not look like an agent of superpower reprisal. The 60-year-old farmer rears 4,000 pigs in a brick-walled compound in Shunyi district, some 45km from Beijing. About a fifth of the food that she uses to fatten them up is soyabean meal, something…
Will a trade war crush the Chinese economy? Unlikely, said a panel of experts speaking at the Fortune Global Forum in Toronto on Monday. “The US-China conflict—it’s not a positive, it’s not something that is going to help growth [in China] but neither is it going to necessarily impact the overall macro economy,” said Jonathan…
