Economy

by | December 13, 2018 | 20:48

Drafting the report had also spurred five investigations into possible consumer or privacy law breaches in Australia , Sims said, without disclosing which firms they concerned. In its preliminary report , the ACCC said while digital platforms had revolutionised the way consumers communicated and accessed news and information and offered many benefits, there were questions about their the responsibility they held as "gateways" to information.

by | December 13, 2018 | 20:15

This year's bipartisan version, while mostly aimed at stabilizing the status quo, nevertheless offers changes and new initiatives that boost organic farming, crop diversity, and advanced conservation. McMorris Rodgers said the farm bill provided much of what she had hoped for following discussions with Eastern Washington farmers. For instance, the farm bill permanently secures funding for a program that funds and promotes local farmers markets, as well as a program to research challenges ...

by | December 13, 2018 | 03:05

The move defied populist US President Donald Trump who has been pressuring oil producing nations to maintain output levels to keep prices at the pump down. From January to September, Azerbaijan exported close to 22 million tons of crude oil worth around $11.6 million, according to the State Statistics Committee, comprising 81 percent of national exports during the same period.

by | December 13, 2018 | 01:56

He told the committee on Tuesday, local time, that he would be "fully transparent" with policymakers if the company brings search products to China . Pichai attempted to say that it would depend on what apps or sites Poe was using, however Poe demanded a "yes or no answer". The committee's top Democrat, New York Rep.

by | December 13, 2018 | 01:48

She will be subject to monitoring, a curfew and other conditions. A Canadian judge granted bail Tuesday to a top Huawei executive after her arrest on a USA warrant, in a case that has frayed relations between the North American allies and China .

by | December 13, 2018 | 01:04

Following the result, May said she was pleased to have received the backing of her colleagues, but she acknowledged that a significant number of them voted against her. The PM was watched by her husband Philip as her most loyal MPs cheered her on. May, who voted to remain in the European Union in the 2016 referendum, had warned opponents of her withdrawal deal - struck after two years of negotiations - that if they toppled her, Brexit would be delayed or stopped.

by | December 13, 2018 | 00:09

Lawmakers said she told them she recognised that the party did not want her to lead them into the next election, a gesture that could help her win over some wavering MPs on Wednesday evening. "But this Prime Minister can not even do her own job because of the Tory civil war", he said. "And I think what this vote today will do is flush out the extremists who are trying to advance a particular agenda which would really not be in the interests of the British people or the British economy".

by | December 11, 2018 | 13:39

A Brazil court has granted Ghosn access to the property, owned by Nissan , in the Copacabana neighborhood, but the company said in a statement that it was now petitioning a higher court to reverse the decision. Ghosn is accused of underreporting his income by tens of millions of dollars. Nissan , which Ghosn helped resurrect by uniting it with Renault in an alliance nearly two decades ago, conducted a months-long probe into Ghosn's financial reporting and alleged misuse of company assets.

by | December 11, 2018 | 13:41

On Sunday, CBS' 60 Minutes interviewed the Tesla CEO, which gave Musk an opportunity to let the world know exactly what he thinks about SEC. "It's possible that we would be interested". Now Tesla Fremont employs more employees compared to its original plant and makes EVs at a current rate of over 300,000 units per year. It turns out that "Faraday" was the alternative name proposed for the electric vehicle manufacturer before " Tesla Motors" was purchased for $75,000.

by | December 11, 2018 | 13:40

In one hall in Galargues, southern France, some pensioners applauded at the tax breaks but many said they would continue the protests. "I know that I have hurt some of you with my statements". Macron's plan to remake France as a more flexible, competitive and high-tech economy fit for the 21st century is at risk after the Yellow Vests tapped into a deep well of resentment for both his policy plans and his style.

by | December 10, 2018 | 15:15

The average hourly pay rose 3.1 percent from a year ago, matching the previous month's figure-the best since 2009. "The data fits with some slowing from trend. After revisions, job gains have averaged 170,000 per month over the last three months. The average workweek fell to 34.4 hours from 34.5 hours in October .

by | December 10, 2018 | 12:43

Meanwhile, the unemployment rate decreased by 0.2% points to 5.6%, the lowest in 42 years. The November employment surge was fuelled by the addition of 89,900 full-time positions - the largest monthly increase since March 2012 when there was a gain of 94,000 jobs.

by | December 10, 2018 | 08:14

Uber has not formally chosen underwriting banks, although Morgan Stanley and Goldman Sachs are likely to get the lead roles, sources told Reuters. The auto service mediator Uber, according to the media the first step in the direction of the stock market reports made.

by | December 10, 2018 | 07:16

In private conversations earlier this week, OPEC delegates said that Saudi Arabia had favored a Russian cut of about 300,000 barrels a day, but Moscow was seeking a smaller reduction of about 150,000, said people familiar with those talks.

by | December 10, 2018 | 06:27

The DC-metro area and parts north are due to get some flurries to a dusting of snow. Many churches in the Charlotte area have preemptively canceled Sunday services, CNN affiliate WSOC reported , and the city of Charlotte is prepping emergency shelters.

by | December 09, 2018 | 04:51

Another image from the side of the plane shows one of the wings severely damaged as a result of the crash. "I thought we were going to impact the barrier for sure". Flights from other airlines were continuing to depart from Burbank. Around the time of the incident, visibility at the airport dropped to 1 mile.

by | December 09, 2018 | 01:23

Cronos has benefited in recent months from Canada's legalization of recreational marijuana as well as more states jumping on the recreational and medical pot bandwagon last month through voter initiatives. Separately on Friday, Altria said it would discontinue some of its e-cigarette brands, including all of MarkTen and Green Smoke e-vaper products, based on their financial performance and will take a related pretax charge of $200 million in the fourth quarter.

by | December 09, 2018 | 01:00

Crowds of yellow-vested protesters have tried to reach the French presidential palace in Paris , some scuffling with police firing tear gas, amid huge security aimed at preventing a repeat of last week's rioting. Prized Paris monuments and normally bustling shopping meccas were locked down at the height of the holiday shopping season as protesters condemned President Emmanuel Macron and France's high taxes.

by | December 08, 2018 | 15:32

These practices, according to the administration and outside analysts, include stealing intellectual property and forcing companies to turn over technology to gain access to China's market. Imports of American soybeans fell by 95% in October YoY and LNG imports were virtually non-existent after the tariffs were imposed. In the meantime, the outlines of the agreement remain hazy and in some cases confusing.

by | December 07, 2018 | 06:28

Officials for the Canadian and U.S. Justice Departments did not immediately respond to a request for comment. The Wall Street Journal reported in April that US Department of Justice had opened an investigation into suspected violations of Iran sanctions by Huawei .

by | December 07, 2018 | 01:27

Dave is joined by Calgary Herald business columnist Chris Varcoe. It costs about $22 to ship crude via rail from Alberta to the Gulf, market sources told Reuters. Canadian heavy crude strengthened the most since June after the Alberta government mandated production cuts across the province. As I've said these past few weeks, the market has been temporarily broken by pipeline policy failures that have left Canada without enough takeaway capacity for its growing oil production.

by | December 07, 2018 | 00:31

Justice Department is investigating whether Huawei violated U.S. sanctions on Iran . Huawei released a statement, noting that it "has been provided very little information regarding the charges and is not aware of any wrongdoing by Ms Meng".

by | December 07, 2018 | 00:27

Iran , Saudi's regional rival and fellow OPEC member, has resisted any notion of cutting its output as its crude exports are being pinched already by USA sanctions. The alliance has transformed OPEC into a duopoly in which Russian Federation, which isn't a formal member of the cartel but part of the production cuts alliance, is asserting its power.

by | December 07, 2018 | 00:10

Sources told Reuters that Chinese oil trader Unipec plans to resume buying USA crude by March after the Xi-Trump deal reduced the risk of tariffs on those imports. Asked to confirm whether Beijing promised to buy American goods immediately, Gao said China will "immediately implement the consensus reached by the two sides on farm products, cars and energy".

by | December 06, 2018 | 04:41

Meng adopted her mother's surname. A clerk at the B.C. Supreme Court said Meng appeared in court on Wednesday and a bail hearing is scheduled for Friday. Several months after Donald Trump signed a bill into law preventing USA government agencies from buying certain products from the Chinese electronics manufacturer, Huawei's CFO has been arrested in Canada.

by | December 06, 2018 | 02:56

The " gilets jaunes " movement began as a protest against a rise in duties on diesel, which is widely used by French motorists and has always been less heavily taxed than other types of fuel. Just three weeks ago, Philippe had insisted the government would be steadfast in the tax plans aimed at weaning French consumers off fossil fuels.

by | December 05, 2018 | 10:40

The offer was part of an agreement struck by Xi and U.S. President Donald Trump over dinner on Saturday in Buenos Aires, where the pair negotiated a temporary cease-fire in the tit-for-tat trade war between the world's two largest economies.

by | December 05, 2018 | 04:26

President Donald Trump suggested Tuesday that his 90-day deadline for completing trade talks with his Chinese counterpart Xi Jinping could be extended - while also threatening to ratchet up tariffs if he isn't happy. In a series of tweets , Trump celebrated the opening of negotiations between China and the US. That includes more purchases of USA farm products, which Trump - seemingly trying to remind Xi - has said will begin "immediately".

by | December 04, 2018 | 12:32

Trump, who is facing mounting political challenges at home, made his remarks to reporters as he prepared to return to the US after the G-20 Summit in Bueno Ares. "As now drafted this deal will put Florida seasonal vegetable growers out of business", Rubio wrote . Open markets have helped United States producers flourish and created billion-dollar markets for U.S.

by | December 04, 2018 | 11:55

Quora first realised it had been compromised on Friday and immediately began investigating. Quora, like many sites today, offer the option to log in with a Google or Facebook account, which may have been the "linked networks" that their blog is referring to.

by | December 04, 2018 | 11:18

In other words, the Fed is going to be doing fewer rate hikes in the coming years than they've done over the last few, but Powell's comments do not necessarily indicate the overall path for policy will be revised down. As he did at an appearance earlier this month, Powell cited strong annual economic growth above 3 percent and unemployment at a near five-decade low of 3.7 percent.

by | December 03, 2018 | 18:56

The S&P 500 Index gained 2.3 percent as of 4 p.m. In the meantime, "China will agree to purchase a not yet agreed upon, but very substantial, amount of agricultural, energy, industrial, and other product from the United States to reduce the trade imbalance between our two countries".

by | December 03, 2018 | 16:37

At the OPEC meeting next week, “oil producers could well decide to cut output by over 1 [million] barrels a day, with Russian Federation also starting to express concern about falling prices, ” said Michael Hewson, chief market strategist at CMC Markets UK, in a Friday note.

by | December 03, 2018 | 15:57

According to OPEC, Qatar produced only about 1% of OPEC member states' total output of petroleum in October 2018, the most recent month for which there is data. With Qatar, OPEC had 15 members, including Algeria, Angola, Congo, Ecuador, Equatorial Guinea, Gabon, Iran, Iraq, Kuwait, Libya, Nigeria, Saudi Arabia , the United Arab Emirates and Venezuela.