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The Chinese and United States sides reported that the leaders had constructive discussions on North Korea and trade, and Chinese media said that Trump supported "frequent, direct communication" between the presidents and "joint efforts to prepare for" their meeting at the G20 summit.
  • Kenya Posts Improvement in 2018 Ease of Doing Business Rankings

    Kenya Posts Improvement in 2018 Ease of Doing Business Rankings

    Markets

    A Commerce and Industry Ministry statement in New Delhi said: "India's leap of 23 ranks in the ease of doing business ranking is significant considering that a year ago India has improved its ranking by 30 places, a rare feat for any large country of the size of India".
  • Donald Trump expects 'great deal' with China over trade

    Donald Trump expects 'great deal' with China over trade

    Markets

    The two nations had already imposed tariffs on Dollars 50 billion of each other's goods before the September sanctions. "US officials are preparing for such a scenario in case a planned Trump-Xi meeting yields no progress" in Buenos Aires at the G20 in late November.
  • United Kingdom announces digital services tax on tech giants

    United Kingdom announces digital services tax on tech giants

    Markets

    May also played down speculation that she was preparing to call a snap election, which she said "would not be in the national interest", after pundits pointed out that such a giveaway budget usually preceded an election. Though S&P said its base case remains that Britain and the European Union will come to some sort of agreement over their future economic relationship, it said it sees an "increasing risk that the United Kingdom will secede from the European Union and, importantly, the European ...
  • USA economy grows faster than expected

    USA economy grows faster than expected

    Markets

    However, there were some red flags to the expansion of the economy that is now in a ninth straight year, which is the second longest ever recorded. Investment spending in new residences has now fallen for three quarters (nine months) in a row and the decline seems to be picking up.
  • Lion Air plane crashes into sea, 188 on board

    Lion Air plane crashes into sea, 188 on board

    Markets

    Indonesian rescuers have retrieved body parts from the water where a Lion Air plane crashed into the sea shortly after take off from the capital, Jakarta . According to his Linkedin profile , before joining Lion Air, he was associated with Emirates as a trainee pilot. "We don't have any information", she said, as her father wiped tears from reddened eyes.
  • The World’s Billionaires Became 20% Richer in 2017

    The World’s Billionaires Became 20% Richer in 2017

    Markets

    Billionaires made more money in 2017 than in any year in recorded history. "They are the same when it comes to creating value, but different when it comes to distributing the value", Stadler told CNBC's "Squawk Box Europe" on Friday. Of all Chinese billionaires, 97 percent are self-made. China's 36-richest people have lost 19 percent of their wealth, or $83.8 billion, so far this year, according to the Bloomberg Billionaires Index, more than any other country represented on the ranking ...
  • IBM to acquire Red Hat in $34B blockbuster deal

    IBM to acquire Red Hat in $34B blockbuster deal

    Markets

    Under the deal, Red Hat will be incorporated into IBM's Hybrid Cloud division. Red Hat Inc.is a great example of how a company can be successful with open source. "Together we can become *the* leading hybrid cloud solutions provider". IBM scored dead last in Gartner's recently published its Magic Quadrant for Cloud Infrastructure as a Service (IaaS) Worldwide 2018, being presented as a poorly executing niche player.
  • Tech Stocks Rebound as Nasdaq Logs Best Day Since March

    Tech Stocks Rebound as Nasdaq Logs Best Day Since March

    Markets

    Natural gas declined 1.4 percent to $3.17 per 1,000 cubic feet. Recent signs that the housing market is slowing are fuelling speculation that USA economic growth will start to slow next year. Disappointing quarterly results from tech giants Amazon and Google-owner Alphabet also fuelled Friday's declines. Oil was flat overnight, while copper prices fell and iron ore rose.
  • Mega Millions South Carolina: Results for 10/23/18

    Mega Millions South Carolina: Results for 10/23/18

    Markets

    The winning numbers of Tuesday's drawing are 5, 28, 62, 65 and 70, with a Mega Ball number 5, according to the official Mega Millions website . Lottery officials confirm that 36 second prize tickets matching the five white ball numbers were drawn.
  • Drawing nears for $750 million Powerball jackpot

    Drawing nears for $750 million Powerball jackpot

    Markets

    Mr Livingston had to be hospitalised at Jefferson Stafford Hospital and missed out on buying an entry. She won $1 million. "I thought he was confused, maybe from pain meds", she said. "So they said, 'Why don't you go in with us?" The drawing on Saturday is the fourth-largest lotto total ever. But if it wasn't for the persistence of a relative, she may have remained oblivious about her winnings.
  • Tesla Q3 profit quiets critics, shares surge

    Tesla Q3 profit quiets critics, shares surge

    Markets

    CNBC notes that the rate of production of the Tesla Model 3 over this period grew by more than 30%. A Tesla spokesperson told Gizmodo in a statement that it received a "voluntary request for documents from the Department of Justice about its public guidance for the Model 3 ramp" earlier this year.
  • Rate-raising Fed biggest threat to USA growth, says Trump

    Rate-raising Fed biggest threat to USA growth, says Trump

    Markets

    USA president Donald Trump targeted federal chairman Jerome Powell in his latest tirade against Federal Reserve stating that the organization is the biggest threat to American economy as it is only concerned about raising interest rates that adversely affects borrowing power.
  • Leaked video shows Khashoggi 'body double' after Saudi consulate killing

    Leaked video shows Khashoggi 'body double' after Saudi consulate killing

    Markets

    For Saudi Arabia's allies, the burning question has been whether they believe that Prince Mohammed, who has painted himself as a reformer, has any culpability in the killing, a possibility raised by several U.S. On October 2, the day of the killing, operatives disabled CCTV cameras at the consulate, Mr Erdogan said. "If these individuals now have visas, those visas will be revoked today", May said while addressing lawmakers at a Parliament session on Wednesday.
  • Amazon Falls After Missing Sales Forecast (NASDAQ:AMZN)

    Amazon Falls After Missing Sales Forecast (NASDAQ:AMZN)

    Markets

    The 9-per-cent fall in shares knocked more than $80 billion off Amazon's market value and relegated it behind Microsoft Corp and Apple Inc in terms of market value. Investors' focus will be on the company's performance in its Web Services business, which is expected to be a major boost to the company's profitability.