Business


Gulf rivals not seeking Qatar 'regime change'

Saudi Foreign Minister Adel al-Jubeir said on Wednesday Gulf states could resolve a row with Qatar amongst themselves without outside help. Trump's new tone echoed that of his secretaries of Defense and State, who emphasized Tuesday the need for Gulf unity and the importance of the USA partnership with Qatar, home to the Al Udeid Air Base, the main regional center for air missions against ISIS.


House GOP on track to undoing post-2008 financial rules

House GOP on track to undoing post-2008 financial rules

If banks can lend more money, it will help the economy grow and create more jobs, the White House has said . "This legislation comes to the rescue of Main Street America", Ryan said Wednesday. They say it would return the country to the "regulatory Stone Age" and be a disaster for the US financial system. Another key element of the bill would create a new chapter in the bankruptcy code to allow failing banks to be unwound through bankruptcy instead of relying on bailouts or ...


Rain pushes Nadal, Djokovic quarterfinals back to Wednesday

Rain pushes Nadal, Djokovic quarterfinals back to Wednesday

Suzanne Lenglen Court had given its backing to Mladenovic. McEnroe added: "If you had told me a year ago, when he was the only guy since Rod Laver holding all four Slams that this is what we'd be talking about now, I'd have told you you were nuts".


Mario Draghi Moves ECB in Ultraslow Motion

Mario Draghi Moves ECB in Ultraslow Motion

An afternoon recap of the day's most important business news , delivered weekdays. Analyst Carsten Brzeski at ING-DiBa described the bank's statement as "a very first baby step toward tapering" the stimulus effort. He also pointed out how 5.0m jobs had been created across the euro area over the past three-and-a-half years, more than anywhere else on the globe, including in the US.


HomePod Is Apples Unimaginative Answer To Google Home And Amazon Echo

HomePod Is Apples Unimaginative Answer To Google Home And Amazon Echo

And when factoring that HomePod comes equipped with the A8 chip, the same processor found in the iPhone 6 from 2016. Apple is reacting to the popularity of Amazon's Echo smart speaker with a Siri-based competitor. Again, the difference, though, is Apple's focus on making the most high-end speaker they can that still has smarts. Apple said all communications are encrypted.



Global Oil Prices Unlikely to See Big Impact From Qatar Row

US light crude was down 20 cents at $47.20. Oil fell by more than 4% last week, the largest weekly decline since early May, after investors were disappointed that the Organization of the Petroleum Exporting Countries didn't deepen its production cuts at their meeting on May.