• US Government Revives Effort to Stop AT&T-Time Warner Merger
US Government Revives Effort to Stop AT&T-Time Warner Merger

AT&T General Counsel David McAtee issued a statement defending the original ruling . "The Government has had this merger on hold", he wrote, as "the video programming and distribution industry has continued to evolve at a breakneck pace".

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  • Fox raises Sky offer to US$32 billion
Fox raises Sky offer to US$32 billion

Comcast believes finding such partners will not only allow it to argue that it can win antitrust approval for the Fox assets as easily as Disney , but will also boost its finances as its prepares to make a second all-cash offer later this month, the sources said.

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  • Johnson and Davis resignations 'matters for Theresa May'
Johnson and Davis resignations 'matters for Theresa May'

Brexit secretary David Davis resigned late on Sunday night and Boris Johnson followed suit on Monday, resigning as foreign secretary less than 24 hours later. Some Conservative Party lawmakers warned they would not tolerate a betrayal of Brexit . Jacob Rees-Mogg, the leader of the influential pro-Brexit European Research Group of Tory MPs...

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  • Oil falls as Trump urges OPEC to reduce prices
Oil falls as Trump urges OPEC to reduce prices

Some members should remember that the United States is defending them for little reciprocal benefits, he added . Top exporter Saudi Arabia told OPEC it had raised oil output by nearly 500,000 barrels per day last month, OPEC sources said , a sign Riyadh wants to make up for shortages elsewhere and dampen prices.

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  • Will Saudi Arabia boost oil production?
Will Saudi Arabia boost oil production?

The cabinet affirmed the kingdom's readiness to use its spare capacity when needed to deal with any future changes in oil supply and demand rates in coordination with other producing countries. would constitute a breach of the agreement". Now global oil prices have recovered to 2014 levels, OPEC has agreed to relax curbs and Saudi Arabia must decid...

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  • 'Impeach 45' apparel leads to Walmart boycott threats
'Impeach 45' apparel leads to Walmart boycott threats

The T-shirts weren't being sold by Wal-Mart itself, but by third-party sellers including Old Glory and Teespring Inc. "These items were sold by third-party sellers on our open marketplace and were not offered directly by Walmart", a company spokesperson told Yahoo Lifestyle .

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  • China is pressuring the European Union into an anti-US trade alliance
China is pressuring the European Union into an anti-US trade alliance

Mr Trump has implemented billions of dollars in tariffs targeted at China , Canada, Mexico and the European Union , saying such moves are needed to offset trade imbalances. "They treat us very unfairly", Trump said qualifying his remarks. The EU sent comments to the US for consideration in the Department of Commerce investigation into whether...

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  • How to Get the Best Amazon Prime Day Deals
How to Get the Best Amazon Prime Day Deals

Every day leading up to Prime Day, Amazon will be releasing exclusive offers and deals . Prime Day will start on 16 July at 21:00 SA time, and will run for 30 hours. To celebrate Amazon Prime Day 2018 , the commercial giant is offering the games through the streaming service, and anyone who has an Amazon Prime account can benefit.

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  • 5 reasons to love the LeBron James signing
5 reasons to love the LeBron James signing

Despite his advancing years and the wear and tear on his body, James remains the game's most dominant player - and one of sports highest-paid. The Lakers deal, which reportedly includes a player option for the fourth year, will give the young team the ability to grow gradually as the storied franchise attempts to assemble a squad to challenge...

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  • India floats plan to form oil buyers club
India floats plan to form oil buyers club

Since early 2017, OPEC and Russian Federation have been leading a coalition of oil producers - known as OPEC-plus - in supply curbs aimed at clearing a global glut. Moscow believes the new arrangement it proposes would provide stability for the oil market through a period of high demand during the northern hemisphere summer, the person said.

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  • Trump Props Up Grieving Parents To Defend Immigration Policy
Trump Props Up Grieving Parents To Defend Immigration Policy

ICE detention for migrants involve moving from foster-care type detention facilities with other children into more secure adult detention centers that resemble jails. Despite Mr Trump's stance, House Majority Leader Kevin McCarthy said the chamber would press ahead on legislation next week. Despite that tweet, Trump then continued to talk about...

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  • Trump Threatens Harley-Davidson 'Will Be Taxed Like Never Before!'
Trump Threatens Harley-Davidson 'Will Be Taxed Like Never Before!'

In his latest Twitter rant targeting the iconic maker of motorcycles, Mr Trump warned: "If they move, watch, it will be the beginning of the end - they surrendered, they quit!" Taxes just a Harley excuse - be patient! Harley-Davidson had announced that it would be closing a plant in Kansas City, and laying off around 800 workers there.

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  • Bithumb crypto-exchange loses $32m in hack
Bithumb crypto-exchange loses $32m in hack

Cryptocurrency experts indicate that a pattern is emerging. All deposits and withdrawals have been suspended until the exchange figures things out. Numerous trading and exchange sites have been criticized for paying less attention to security measures, a vulnerability that exposes them to hacking.

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  • Iran says OPEC won't take direction from Trump
Iran says OPEC won't take direction from Trump

Opec in theory needs the agreement of all members to clinch a deal but has in the past agreed production pacts without Iran , which has criticised the idea of raising supply as it faces USA sanctions. Iran's Oil Minister Bijan Namdar Zanganeh walked out that meeting, telling reporters he did not think an agreement could be reached. Reuters rep...

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  • Donald Trump threatens 20% tariff on European Union cars, targeting Germany
Donald Trump threatens 20% tariff on European Union cars, targeting Germany

It's worthing noting that, before Trump triggered a trade war, USA exports to the European Union faced an average tariff of just 3 percent; America's domestic carmakers were already highly profitable; and most major foreign automakers operate large plants in the United States .

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  • Supreme Court decides police generally need a warrant to track cell phones
Supreme Court decides police generally need a warrant to track cell phones

Big online retailers have, in many cases, managed to avoid paying sales tax when selling goods to consumers because previously, courts said that a company must have a physical presence in the state to be taxed. Somewhere along the line, Amazon got so big that it now has what could be called a "physical presence" (in the form of fulfillment cent...

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  • Trump orders tariffs on $200B more Chinese goods
Trump orders tariffs on $200B more Chinese goods

Trump said in a White House statement Monday evening that he had instructed the U.S. Trade Representative's office to identify $200 billion in imports from the Asian nation for additional tariffs of 10 percent. The likelihood of a retaliation from China and a brutal new trade war has business leaders all over the world terrified-especial...

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  • Audi CEO Rupert Stadler arrested in Germany over Volkswagen diesel scandal
Audi CEO Rupert Stadler arrested in Germany over Volkswagen diesel scandal

German news agency dpa reported that prosecutors chose to seek Stadler's arrest due to fears he might try to evade justice. "His arrest is another low point in VW's diesel saga", said Evercore ISI analysts, who have criticized the company for being slow to reform.

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  • ZTE to pay $1B penalty in deal with US Commerce Department
ZTE to pay $1B penalty in deal with US Commerce Department

In addition, the company will put $400 million into an escrow account, which the US can access if it finds ZTE to be out of compliance with the agreement . Specifically, some observers are looking for China's Ministry of Commerce to finally approve Qualcomm's bid to purchase NXP. "The Commerce Department plans to amend its 2017 settlement agre...

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  • Porsche Mission E Renamed Taycan, Electric Car to Launch in 2019
Porsche Mission E Renamed Taycan, Electric Car to Launch in 2019

Loathe it? Let us know what you think of the Taycan name in the comments section below. Taycan translates roughly to " lively young horse ", referencing the leaping steed in the Porsche crest. The good news is that the Taycan will also have a driving range around 300 miles, which will pit it directly against the Tesla Model S. Over $580 m...

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