Economy

by | September 18, 2018 | 01:08

At 1055 GMT, the November ICE Brent crude futures contract was up 13 cents from Thursday's settle at $78.32/b, while the NYMEX October light sweet crude contract was up 26 cents at $68.85/b. Nearly all of Iran's main customers purchased fewer Iranian barrels in August than they did in April, the month before Trump said sanctions were being reimposed.

by | September 17, 2018 | 11:59

The Chancellor confirmed on Tuesday that Bank governor Mark Carney will stay on in the post until January 2020, extending his term by seven months to help support the United Kingdom through Brexit . This could considerably squeeze the British households' incomes in future. Further, the Bank of England would be unable to soften the crisis by cutting interest rates because of the inflationary impact of such a move, Carney told ministers, according to the Financial Times .

by | September 17, 2018 | 11:25

It made landfall on the coast of Jiangmen city, in southern China's Guangdong province, Sunday evening after battering Hong Kong. The state broadcaster also said flood warnings had been issued for 38 rivers in the neighboring region of Guangxi, while 12 coastal monitoring stations reported their biggest-ever waves.

by | September 17, 2018 | 06:30

Authorities said that the contaminated strawberries-branded Berrylicious and Berry Obsession-came from two farms located next to each other in south-east Queensland . "They are also contacting the supplier, the police and health and safety", Gane stated. Anyone with concerns can phone 13 HEALTH for advice or speak to their GP.

by | September 15, 2018 | 11:00

Bezos reiterated the company's timetable for announcing the winning city during a talk Thursday evening at the Economic Club of Washington , DC, but he didn't hint at which city he's leaning toward. And Sen. Bernie Sanders, I-Vt., has held Bezos up as an example of a leader of a company that does not pay its workers enough. Jeff Bezos at the Museum of Flights 2016 Pathfinder Awards.

by | September 14, 2018 | 04:11

It said: "Accordingly, the committee has made a decision to implement a strong monetary tightening to support price stability". " Turkey's Wealth Fund has appointed President Recep Tayyip Erdogan as its new chairman, according to a notification in the Official Gazette", state news agency Anadolu said.

by | September 14, 2018 | 03:26

Freeland spent three days in Washington last week and said on Friday as she prepared to leave that she and Lighthizer were making very good progress in some areas, although a deal remained out of reach. "Nafta has been the worst trade deal ever". U.S. Agriculture Secretary Sonny Perdue said he expected Canada to also scrap a two-year-old pricing agreement that has restricted U.S.

by | September 12, 2018 | 16:28

Having more display area is a welcome change, although it may not be enough for current users to upgrade. When it comes to what the sketches actually depict, it's possible that they show a tentative early prototype of an Apple Watch design.

by | September 12, 2018 | 11:13

Obama was the weakest in history. "When President Obama left, after eight years in office, he had only created 195,000 jobs for African-Americans". But as he answered a question from a reporter about Trump's tweet, he also bashfully recalled an earlier incident when he gave Sanders a "bad number".

by | September 11, 2018 | 07:16

Nearly half of the retail selling price of the two fuels is made up of central and state taxes. Petrol price Monday increased by 23 paisa a litre and diesel by 22 paisa a litre, according to the price notification issued by state fuel retailers.

by | September 11, 2018 | 01:17

In January 2017, Trump said he spoke to Apple CEO Tim Cook over the phone and he promised to build "three big plants" in the U.S. Simply put, establishing a local production of the auto would not make a successful business case. Ford confirmed to The New York Times that it will not build or sell the Focus Active in the United States. "Our concern with these tariffs is that the USA will be hardest hit, and that will result in lower United States growth and competitiveness and higher ...

by | September 11, 2018 | 01:08

The traditional method of calculating the United States trade balance attributes the entire value of our products to the country where final assembly is located, in most cases China ". Beijing reported a record $275.8 billion trade surplus with the United States previous year. In a separate interview with Bloomberg Television, Kudlow suggested the president would be willing to meet with Chinese President Xi Jinping on trade, possibly as early as this month at the United Nations ...

by | September 10, 2018 | 16:57

Ma's 46-year-old successor has pushed Alibaba deeper into the wallets of Chinese consumers as it bought and transformed brick-and-mortar outlets: a so-called " New Retail" vision that's cost billions of dollars and took it into the realm of physical stores.

by | September 10, 2018 | 16:58

Musk appeared on Joe Rogan's popular podcast on Thursday night sipping whiskey, smoking marijuana and talking about electric airplanes. Tesla chief executive Elon Musk made a series of executive promotions to fill the gap left by senior management resignations on Friday, as shares in the electric auto maker tanked and criticism of its founder's controversial behaviour continued.

by | September 10, 2018 | 08:21

Tariffs , in theory, will make US-made products cheaper than imported ones, so encourage consumers to buy American. While no one predicted a sudden, sharp blow from US tariffs, China's official export data has been surprisingly resilient so far, with growth exceeding analysts' expectations for five months in a row.

by | September 09, 2018 | 10:29

Meanwhile, people in Mumbai are purchasing petrol at Rs 87.39 per litre and while diesel is being sold at Rs 76.51 per litre. While the crude oil prices are much lower than what it was in 2013, taxes on petrol and diesel have increased manifold over the years, thereby, raising its prices to new highs.

by | September 09, 2018 | 04:46

A flight from Dubai has been quarantined upon landing at New York's John F. Kennedy airport after some 100 of the 521 passengers aboard the plane reported feeling sick. Rap performer Vanilla Ice , who was a passenger on the jet, tweeted , "This is insane. Apparently there is over 100 people sick on the bottom floor, so happy I'm up top, it's a double-decker plane 380".

by | September 09, 2018 | 01:52

Sanders on Wednesday introduced the the Stop Bad Employers by Zeroing Out Subsidies Act , or Stop BEZOS Act , a shot at Amazon CEO Jeff Bezos . Rep. Ro Khanna, a California Democrat, introduced a House version of the same bill named the Corporate Responsibility and Taxpayer Protection Act. The company has said that it offers assistance like disability insurance, health insurance, and retirement savings plan to its employees.

by | September 09, 2018 | 01:29

He added that he still believed in Tesla , that "I have no disagreements with Tesla's leadership or its financial reporting". Bloomberg also reported Tesla's chief people officer Gaby Toledano would not return from a holiday just over a year after joining.

by | September 08, 2018 | 06:00

But because of the sophistication of the South African economy, the country is a direct beneficiary and suffers the implication of any effect or setback in emerging market economy. Following the release of disappointing first quarter GDP data in early June, the central bank reduced its forecast for this year to just 1,2%. "The 1.5% growth estimated by National Treasury in February's budget speech is now at severe risk and will likely need to be revised downwards, creating a very hard ...

by | September 08, 2018 | 04:26

The student posted a photo to Twitter showing the poster still hanging inside the store 51 days after the prank began. "All the other posters were in natural environments, like a city or at the beach, so we went to our local event center", he explained.

by | September 08, 2018 | 02:06

Trade Representative's office in Washington on Wednesday. Canada insisted there was still room to salvage the North American Free Trade Agreement as its officials met U.S. "We're not saying we don't want to move swiftly to try and get a deal". He put pressure on Canada to join the U.S. -Mexico deal, but after fresh talks restarted last week Ottawa and Washington have so far been unable to reach an agreement.

by | September 08, 2018 | 00:17

The news has investors nervous that the United States financial giant might know something about Bitcoin and cryptocurrencies that the market has not learned yet. The availability of crypto custody services from reputable firms has been referred to as a key requirement for bringing institutional investors into the crypto market.

by | September 07, 2018 | 23:00

Since leaving office in January 2017, Obama has largely refrained from directly criticizing Trump or his administration. "When there is a vacuum in our democracy, when we don't vote, when we take our basic rights and freedoms for granted, the politics of fear and resentment and retrenchment takes hold".

by | September 06, 2018 | 07:42

OPEC and Russian Federation, the world's largest producers, promised to boost supply a few days afterwards. "Despite this, OANDA's Innes said it was too early to say whether an economic slowdown would put a serious dent on oil prices".

by | September 05, 2018 | 06:25

The last time an incumbent Democratic House member lost a primary was in 2014, when Seth Moulton defeated former Rep. John Tierney, who brought significant personal baggage to the campaign. Capuano was conceding shortly after 9 p.m. after it was clear he didn't have the votes to keep the seat he's held for two decades. But both Pressley and Capuano admit there's likely no difference between them in terms of the way they'll vote in Congress, and moreover, neither one has expressed outright ...

by | September 05, 2018 | 03:42

Apple was named as the first publicly listed U.S. company to be valued at $1,000,000,000,000 on August 2 . Amazon has dominated USA retail as more consumers shift away from brick and mortar stores and toward online retailers. " Amazon's a little bit more dynamic than Apple because the iPhone has become more mature". Most notable was the speed with which Amazon hit the milestone, with its shares having more than tripled in the past three years.

by | September 04, 2018 | 07:45

The fuel prices have been on fire since the beginning of August due to rising crude oil prices and low value of rupee against the U.S. dollar. In Kolkata, Chennai and Mumbai, the fuel was priced at Rs 82.06, Rs 82.24 and Rs 86.56 per litre, respectively, all a new record, against Rs 81.76, Rs 81.92, Rs 86.25 on Sunday.

by | September 03, 2018 | 09:00

However, their decision not to buy something online may be inconsequential. Mastercard and Google have reportedly reached a secret deal that will enable Google to track Mastercard user buying habits both online and offline , and use the data for ad targeting and attribution.

by | September 03, 2018 | 08:34

Trade Rep. Robert Lighthizer. "Leithiser has long urged the United States to take a more aggressive approach to the WTO, claiming that the organization is able to deal with non-market economies, such as China ", - said in the message.

by | September 03, 2018 | 05:49

British Prime Minister Theresa May's somewhat stiff dance moves won mixed reviews on Wednesday as she became an unlikely social media star with her "Maybot" manoeuvres. At a joint press conference, the prime minister announced a wide-ranging new security pact between the two countries, including funding for enhanced airport security in the former British colony.

by | September 03, 2018 | 04:13

One of the biggest sticking points is the future regulation of the border between the Republic of Ireland , an European Union member, and Northern Ireland , which will leave the European Union as part of the United Kingdom. Mr Raab said that he wanted to continue "accelerating and intensifying" negotiations, adding: "We're committed to resolving the deal by (the October council) and ultimately on my side I am stubbornly optimistic that a deal is within our reach".

by | September 02, 2018 | 11:46

There will be every feature in it that Bugatti has. Ninety percent of the auto is made of LEGO Technic pieces, although some parts of the vehicle are not LEGO-the tires, for instance, are Bugatti-made, and the model is built on a metal frame.

by | September 02, 2018 | 09:49

Officials did not immediately say whether the pay freeze would also apply to White House staffers. "President Trump's plan to freeze wages for these patriotic workers next year ignores the fact that they are worse off today financially than they were at the start of the decade", American Federation of Government Employees National President J.

by | September 02, 2018 | 02:51

Building the Focus Active at the MI plant didn't make sense because Ford anticipates selling less than 50,000 of the model here, said Kumar Galhotra, president of Ford North America, during a Detroit press conference Friday. Ford also expects this decision to have a minimal impact on its business, given expectations of selling less than 50,000 Focus Actives here. Tariffs could be coming at a bad time for Ford, whose stock last month dipped below $10 for the first time in nearly six years.