Economy

by | August 21, 2018 | 00:26

Americans use about 14 billion contact lenses every year, resulting in an estimated 50,000 pounds winding up in sinks and toilets. The American Chemical Society research presented Sunday in Boston found 20 percent of 400 contact lens users flush old contact lenses down the toilet or in the sink.

by | August 20, 2018 | 01:11

It was reported by The Times that employees at a warehouse supplying House of Fraser had downed tools in a wrangle over delivery payment terms with Sports Direct . "Due to delays with delivering online orders, we have taken the decision to cancel and refund all orders that have not already been sent to customers".

by | August 19, 2018 | 08:27

The flagship cryptocurrency had a positive session yesterday, with its price enjoying a continued recovery from the one-and-half-month low it had hit on Tuesday. Binance Coin (BNB) traded down 6% against the dollar and now trades at $9.60 or 0.00151801 BTC . Looking at the chart , BTC is showing a few positive signs above $6,200 and the 100 hourly SMA.

by | August 19, 2018 | 07:20

He suggested that a switch to only half-yearly reporting would save companies money, echoing the wishes of several top chief executives. In a statement on Friday afternoon, SEC Chairman Jay Clayton said Trump has raised a "key consideration" for US companies and that the agency's 'Division of Corporation Finance continues to study public company reporting requirements, including the frequency of reporting'.

by | August 19, 2018 | 05:03

The letter , published by the New York Times , demands more transparency from Google, maintaining that "c$3 urrently we do not have the information required to make ethically informed decisions about our work". "Dragonfly and Google's return to China raise urgent moral and ethical issues". "We are not close to launching a search product in China", Pichai said, according to a transcript of the meeting provided to news agency Bloomberg .

by | August 19, 2018 | 01:23

Earlier in the day, U.S. Treasury Secretary Steven Mnuchin said that the United States would slap more sanctions on Turkey if the detained American pastor was not released. The threat comes as Turkey sought to reassure investors rattled by the sanctions-fueled crash of the Turkish lira , insisting the country would emerge stronger.

by | August 18, 2018 | 03:26

Turkey's finance chief tried to reassure thousands of worldwide investors on a conference call Thursday, in which he pledged to fix the economic troubles that have seen the country spiral into a currency crisis.The national currency recovered somewhat from record lows hit earlier this week.

by | August 18, 2018 | 02:11

Trump. Save solar cells with a capacity of more than 2.5 gigawatts, USA tariffs start at 30 percent and drop to 15 percent in four years. The president has also said the tariffs have been created to promote better trade deals. On May 22, the WTO said Japan, Russia and Turkey warned the United States of retaliatory measures for its steel and aluminum tariffs. WTO complaints begin with negotiations between the parties to the conflict.

by | August 18, 2018 | 00:56

Turkey's currency remains steady against the dollar despite an apparent threat of possible new sanctions by U.S. President Donald Trump . Finance Minister Berat Albayrak , Erdogan's son-in-law, told investors on Thursday that Turkey would emerge stronger from the currency crisis, insisting its banks were healthy and signalling it could ride out the dispute with Washington.

by | August 17, 2018 | 02:41

In a conference call with thousands of investors and economists, Albayrak - who is President Tayyip Erdogan's son-in-law - said Turkey fully understood and recognized all its domestic challenges but was dealing with what he described as a market anomaly.

by | August 17, 2018 | 02:31

Erdogan doubled the tariffs on passenger cars to 120 per cent, on alcoholic drinks to 140 per cent and on leaf tobacco to 60 per cent. Coal, fruit, rice, and other US products will also be hit by higher tariffs. Mr Brunson's lawyer Ismail Cem Halavurt on Tuesday appealed again to a Turkish court to release him and lift his travel ban. "If they have iPhones , there is Samsung on the other side, and we have our own Vestel here", he said, referring to the Turkish electronics company, whose ...

by | August 17, 2018 | 02:33

Invited by the U.S., the delegation, headed by Commerce Vice Minister Wang Shouwen, will meet with a team of negotiators led by David Malpass, undersecretary for worldwide affairs of the U.S. The upcoming meeting will be held at a lower-level compared with four earlier rounds of talks. The invitation for talks may have been meant to steady markets, they said.

by | August 17, 2018 | 00:35

Turkey placed a 140 % tariff on us alcohol, 120 percent on passenger vehicles and 60 % on tobacco. "In response to deliberated and continued trade tensions, Turkey has again raised tariffs on key USA imports", Turkish Trade Minister Ruhsar Pekcan said in a statement.

by | August 16, 2018 | 11:12

Overall, consumer price inflation rose at an annual rate of 2.5 percent in July after holding at 2.4 percent in the previous three months, the Office for National Statistics said, in line with economists' forecasts in a Reuters poll. When the Bank of England raised interest rates this month, it said inflation would rise to 2.6 percent in July before weakening. "This is likely to weigh down consumer spending, posing fresh problems for embattled high street businesses".

by | August 16, 2018 | 01:56

The White House said Wednesday that Turkey's tariff hikes on United States products in retaliation for sanctions against Ankara were "regrettable" and again called for the immediate release of American pastor Andrew Brunson . "Our relations with Turkey are not good at this time!" he wrote. That's according to Turkish state media, which also reported a higher court will likely review the appeal.

by | August 15, 2018 | 07:52

If Hallquist defeats the incumbent Scott in November, she will become the first transgender governor in USA history. She will face incumbent Gov. Phil Scott in November, whose approval ratings with his GOP base have tumbled following recent efforts to tighten gun control in Vermont.

by | August 15, 2018 | 07:11

It had ended at 68.84 to the dollar on Friday. The 10-year benchmark bond yield inched up to 7.82 percent after staying muted in early trade. While the government has blamed "external factors" for the rupee's fall to an all-time low against the USA dollar and said there is nothing to worry, the Opposition has come all out with their opinions on Twitter .

by | August 15, 2018 | 05:22

That came despite the Saudi move coming in anticipation of a slowdown in oil demand. Despite the cautious mood in oil markets, bullish sentiment found some support from expectations that US sanctions against Tehran would restrict Iranian crude exports, tightening global supply.

by | August 15, 2018 | 02:47

Asian markets closed higher on Tuesday, a day after widespread regional declines following Turkey's currency crisis. Now the many contradictions in his policy positions are coming to a head, with unpredictable implications for Syria, Iran, Nato and already strained relations with Europe.

by | August 15, 2018 | 00:53

In a Facebook post, Cal Fire used the opportunity as a teaching moment, telling residents, "Remember to have a plan for all your pets". The deadly fire has burned for almost three weeks and killed eight people. The fires in the Monashee Complex are lower on the priority list because they're burning in remote areas and not threatening homes. "Fed your fish a few sprinkles".

by | August 15, 2018 | 00:37

Musk regarding any Going Private Transaction nor has it reached any conclusion as to the advisability or feasibility of such a transaction", the board said in a statement . Musk said that the Saudi Arabian sovereign wealth fund "has approached me multiple times " starting in early 2017 about taking Tesla private and had already taken a stake of almost five percent though share purchases.

by | August 14, 2018 | 03:23

He is under house arrest. Turkey and the USA are now experiencing rocky relations following Washington's imposition of sanctions on Interior Minister Suleyman Soylu and Justice Minister Abdulhamit Gul for not releasing American Pastor Andrew Brunson, who faces terrorism charges in Turkey.

by | August 14, 2018 | 02:41

He was believed to have been killed in the crash. Tower audio identified the suspect as " Rich ". "This is a complete shock to us". The FBI is now investigating, while Alaska Air is cooperating with authorities and their own safety team to make sense of exactly what went down.

by | August 14, 2018 | 02:23

In an interview with German weekly Bild am Sonntag, Peter Altmaier warned of the damaging consequences of a full-blown US-China trade war, and expressed concern about Trump's decision to slap hefty metals tariffs on Turkey in an escalating diplomatic row.

by | August 14, 2018 | 01:09

Turkish President Recep Tayyip Erdogan has denounced the Lira crisis as a "plot against Turkey ", warning that his country will forge new alliances and markets in response to a bitter rift with long-time ally the United States, which has caused the Turkish currency to hit record lows.

by | August 14, 2018 | 00:25

Trump tweeted on Friday that the latest tariff decision came as Turkey's currency, the lira, "slides rapidly downward against our very strong dollar". Turkey ranks seventh among all countries in steel exports to the USA market. A spokesman for Ankara's foreign ministry said it would retaliate against the tariffs as it has done so far.

by | August 13, 2018 | 02:32

The victor of the contest will receive a "McGold Card", which earns them two free meals per week for the next 50 years - not exactly unlimited food for life, but an offer no hardcore McDonald's fan would sneeze at. However, if it's fun you're after, the victor will also receive a custom, one-of-a-kind 24-karat gold-plated McGold Card phone case, pictured above.

by | August 13, 2018 | 02:15

Riley FBR in NY. The Dow Jones Industrial Average fell by 222 points, or 0.9%, at 25,286, the S&P 500 index fell 0.7% at 2,833, while the Nasdaq Composite Index dropped 0.8% at 7,831. Entering Thursday's session, the S&P 500 was just half a percent away from reaching 2872.87, a record high set on January 26. Shares of trade-sensitive companies also declined, including Boeing, 3M and Caterpillar, which were all down at least 1.4 percent.

by | August 13, 2018 | 02:02

While the nation added 54,000 jobs last month, those gains were led by part-time jobs (+82,000). Canada unexpectedly added 54,100 jobs in July and the unemployment rate dipped to equal a record low 5.8 percent, but analysts said the data were weaker than they appeared and played down talk of a rate hike next month.

by | August 12, 2018 | 04:34

Short-sellers of Tesla's stock have faced increasing aggression from Musk over recent months, with the billionaire citing the lack of market support as one of the main reasons he wants to take the company private. Short-selling involves borrowing overpriced shares in the belief that their price will decline, so they can be sold and then bought back at a lower price.

by | August 12, 2018 | 04:12

ICBC's current rate structure is more than 30-years-old and was build around insuring the vehicle, rather than the driver, and allowed discounts to drivers despite having multiple crashes. According to numbers obtained by CTV News through the Freedom of Information Act, those living in the Fraser Valley and eastern parts of Metro Vancouver are now costing the insurance provider more money in payouts per per capita than any other part of southern B.C.

by | August 12, 2018 | 02:14

Bottles of Monsanto's Roundup are seen for sale. DeWayne Johnson , a groundskeeper at a San Francisco Bay Area school district, sprayed large quantities of the product, sold under the brand name Roundup, from a 50-gallon tank attached to a truck during gusty winds.

by | August 12, 2018 | 01:56

The move comes after Crocs closed 28 of its 558 worldwide stores. Anne Mehlman, who now works at Amazon-owned shoe-seller Zappos.com, will take over from existing CFO Carrie Teffner. Values appear to have dropped again since this spike, but it appears that Crocs is resolute in chasing further growth, with the company saying it expects a fiscal revenue of about $1.02 billion (£800 million) in 2018.

by | August 12, 2018 | 00:56

President Recep Tayyip Erdogan vowed on Saturday to defy USA "threats" over a detained pastor, showing no signs of concessions in a bitter row that has caused the Turkish lira to crash. It did not disclose details, but suggests Turkey might gravitate further away from its North Atlantic Treaty Organisation allies toward cooperation with Russian Federation, whose relations with the West are at their lowest since the Cold War.

by | August 12, 2018 | 00:34

So, this begs the question: Did Saudi see an opportunity for investment in Tesla, or was it Musk who found a prime opportunity for fundraising and share-value inflation upon the reveal of Saudi interest? Trading in Tesla's stock was eventually halted until everyone could figure out what was going on.