Business News

UAE expands taxes to target vaping and more sugary drinksThe United Arab Emirates will start taxing vaping devices and e-cigarettes at 100% and all sugary drinks at 50% as economic growth stutters and the government looks for ways to boost its revenue
The Associated Press20 minutes ago
Huawei's founder Ren Zhengfei, looks on during an interview at the Huawei campus in Shenzhen in Southern China's Guangdong province on Tuesday, Aug. 20, 2019. Ren said he expects no relief from U.S. export curbs due to the political climate in Washington but expresses confidence the company will thrive with its own technology. (AP Photo/Ng Han Guan)
Huawei expects no relief from US sanctions but is confidentHuawei founder expects no relief from US sanctions but is confident Chinese tech giant can thrive with its own technology
The Associated Press31 minutes ago
FILE - In this March 30, 2019 file photo, horses warm up in the saddling enclosure ahead of Dubai Kahayla Classic at the Meydan Racecourse in Dubai, United Arab Emirates. Dubai said Tuesday, Aug. 20, 2019, that it had set up a special committee to "resolve multiple disputes" involving the government-owned developer Meydan as it faces a series of lawsuits amid an economic slowdown gripping the city-state. (AP/Martin Dokoupil, File)
Committee to handle state-owned Dubai developer's disputesDubai says it has set up a special committee to 'resolve multiple disputes' involving a government-owned developer amid economic slowdown
The Associated Press45 minutes ago
FILE - In this Aug. 19, 2019, file photo specialist Stephen Naughton, left, and trader Michael Milano work on the floor of the New York Stock Exchange. Stocks are opening slightly lower on Wall Street on Tuesday, Aug. 20, as major U.S. indexes give back a bit of the ground they won over the previous three days. (AP Photo/Richard Drew, File)
US stocks edge lower, shed some gains from 3-day rallyStocks edged lower in midday trading Tuesday, weighed down by a mixed batch of company earnings and another decline in bond yields
The Associated Press58 minutes ago
In this Aug. 9, 2019, photo, President Donald Trump talks to reporters on the South Lawn of the White House in Washington. Trump is showcasing the growing effort to capitalize on western Pennsylvania’s natural gas deposits by turning gas into plastics. (AP Photo/Evan Vucci)
White House insists fundamentals of US economy 'very strong'With eyes on 2020, the White House insists the fundamentals of the US economy are 'very strong'
The Associated Press1 hour ago
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