Business

by | August 18, 2018 | 02:14

On the other hand, China recently asked the United States to treat investors of the Asian giant objectively and precisely with regard to the recently signed the Foreign Investment Risk Review Modernization Act. Beyond tariffs, currency concerns have re-emerged as an issue in the Trump administration, and they are expected to come up during this round of talks.

by | August 17, 2018 | 07:06

However, the upcoming meeting is lower-level compared to the four previous rounds of negotiations. "The main goal is to see whether both sides are really interested in having further dialogue". After negotiations in Washington in May, Beijing believed it had assurances from the USA that tariffs were off the table, with Mnuchin saying the trade war and tariffs were "on hold".

by | August 17, 2018 | 07:00

Doha has pledged to offer loans worth 15 billion USA dollars to help Ankara ride out its lira crisis. Emir Sheikh Tamim bin Hamad Al-Thani of gas-rich Qatar, one of Turkey's very closest allies, on Wednesday held talks with Erdogan which also included Albayrak.

by | August 15, 2018 | 07:12

According to reports, heavy sell-off in global currencies, including Turkish lira , fueled demand for safe-haven assets and caused the rupee to nosedive. BSE's Sensex was trading higher by 226.50 points at 37,871.40 at 1 pm, while Nifty 50 was up 77.85 points to trade at 11,433.60. SBI Chairman Rajnish Kumar said all currencies have weakened against the dollar, but the Indian currency has not weakened very much in comparison to other currencies.

by | August 15, 2018 | 03:39

Funding to take the company private is apparently secured as well. Musk said in the statement that a meeting with the managing director of Saudi Arabia's sovereign wealth fund prompted his tweet last week about wanting to take Tesla private .

by | August 14, 2018 | 04:56

Turkey is the sixth-largest steel exporter to the United States . "We will continue producing". "The real losers of decisions taken by the USA administration are producers, private sector, and exporters of both countries", the statement concluded.

by | August 13, 2018 | 08:23

Richard Russell , a 29-year-old Horizon Air employee, was suicidal and chose to hijack the 76-seat plane around 8 p.m. Friday from a maintenance area of the Seattle-Tacoma International Airport in Washington, according to reports . 29-year-old Richard Russell, a ramp agent for Horizon Air, stole one of the companies aircraft and took it for a joy ride. He said the military planes were not involved in the crash .

by | August 13, 2018 | 07:46

Aug 9 (Reuters) - The Dow and the S&P 500 were little changed, while the Nasdaq was firmly higher, propped up by the high-flying technology trio of Apple , Amazon and Microsoft . Citigroup, the most global of the major USA banks, fell 2.4 per cent. JPMorgan, Wells Fargo and Bank of America were also lower. Shares of trade-sensitive companies declined, with Boeing, 3M and Caterpillar down between 2.3 percent and 4 percent.

by | August 13, 2018 | 06:56

A California jury on Friday ordered the U.S. agrochemicals giant - which was taken over by Germany's Bayer in June - to pay almost $290 million in compensation to a groundskeeper diagnosed with cancer after he repeatedly used Monsanto's weed killer, Roundup .

by | August 12, 2018 | 22:03

He urged Turkish citizens to immediately exchange their gold and dollars for lira . Erdogan is also upset at the protection USA coalition forces are providing the Kurds in Syria , against the invading Turkish army. Washington "must give up the misguided notion that our relationship can be asymmetrical", he said in the opinion piece. Erdogan said Turkey is not afraid of outside "threats".

by | August 09, 2018 | 09:07

Tesla's board on earlier on Wednesday said it was evaluating taking the company private, which would be the biggest leveraged buyout of all time. There is no evidence this was Musk's intention with his remarks on Tuesday. Buying Tesla in its entirety would cost US$72b, based on the company's outstanding stock as of July 27. SoftBank is now not interested in a deal for Tesla after earlier this year taking a stake in General Motors Co's self-driving unit, Cruise, Reuters reported ...

by | August 08, 2018 | 00:39

On April 1 this year, Musk tweeted , "We are sad to report that Tesla has gone completely and totally bankrupt ". The fact that the tweet gives a specific price, and that $420 is a long-standing marijuana in-joke, makes it even more possible that this is a hoax or Musk's idea of a joke.

by | August 07, 2018 | 00:43

It will also ban EU businesses from complying with those U.S. sanctions, unless they get exceptional authorisation from the European Commission. "The pressure will not relent while the negotiations go on", said Bolton, one of the administration's main hawks on Iran .

by | August 04, 2018 | 02:02

In recent years, Apple has been working to spread its cult-like following to newer devices like smart watches, cordless headphones and smart home speakers. There were concerns why Alphabet may not win this race (it did not), according to an article published on, well, the Nasdaq, where it is traded.

by | August 03, 2018 | 03:33

Oil giant PetroChina ( PTR ) briefly topped a trillion dollar valuation in 2007 when its stock began trading in Shanghai, but shares quickly plunged afterwards. The average iPhone selling price hit $724, beating analyst expectations of $694, according to data from FactSet. "It's one of those things that does not mean anything by itself.it's more a testimony of the importance of Apple on the market".

by | August 02, 2018 | 03:45

Caito Foods discovered the issue when their lettuce supplier, Fresh Express, sent notification that the chopped romaine used in some of their salads and wraps was being recalled, according to the FSIS. Consumers who have purchased these products are urged not to consume them. People can become infected by consuming food or water contaminated with the microscopic parasite.

by | August 01, 2018 | 02:06

Harley-Davidson plans to develop a 250-500cc motorcycle through a strategic alliance in Asia that will be used to primarily fuel its growth in India, the world's biggest two-wheeler market. There's also an e-bike and scooter concept, both of which reference Harley-Davidson's sensible commuter options (many of them rebadged Euro machines) which were common enough until the Japanese took over the market in force in the late '60s and early '70s, with cheaper, more reliable options.

by | July 31, 2018 | 03:14

According to the Chicago-based fast-food chain operator, starting August 2 customers can receive a MacCoin with the purchase of a Big Mac at 14,000 restaurants around the US while supplies last. 'August 2 would have been his 100th birthday, and I believe he would be very proud knowing his humble sandwich has made such a lasting impression that people all around the world can enjoy it wherever they find a McDonald's'.

by | July 30, 2018 | 03:35

In a 92 page description, the US's primary regulator of such marketplaces rejected a rule modification at the behest of Bats BZX Exchange . The proposed change would have allowed bitcoin tethered investment products. And, especially in regards to decentralized digital assets, the complication of keeping keys, a wallet, and determining custody or storage is all looked after.

by | July 30, 2018 | 02:32

Concluding that Charter "was not interested in being a good corporate citizen" and that the Commission could no longer allow it to operate in NY, the PSC stated its actions address the failings and are meant "to ensure NY has a partner interested in the public good, not just lining its pockets".

by | July 29, 2018 | 02:56

It's not traditional for presidents to comment on economic growth figures before they are released , but President Trump isn't exactly a stickler for tradition. The result was boosted by a budget deal at the start of the year that added billions to defense and domestic spending. "The second quarter was a strong quarter, but it was juiced up by the tax cuts and higher government spending", said Mark Zandi, chief economist Moody's Analytics.

by | July 27, 2018 | 10:41

The company warned its investors that a huge financial injection would be required to buttress the business to address the controversies it's now facing, with revenue growth expected "to decline by high single-digit percentages from prior quarters".

by | July 27, 2018 | 10:33

In a tweet , President Trump echoed that threat, calling Brunson "a great Christian, family man and wonderful human being". However, President Trump demanded his immediate release, or Turkey, a North Atlantic Treaty Organisation ally, would face "large sanctions".

by | July 27, 2018 | 09:59

President Donald Trump's "America First" policy. NAFTA talks are scheduled to resume Thursday between Canada, Mexico and the U.S. NY time. The Mexican foreign ministry on Saturday said that Jesus Seade, named by Lopez Obrador as his chief NAFTA negotiator, will join the team on its trip to Washington.

by | July 26, 2018 | 02:18

European Commission President Jean-Claude Juncker is due to meet with Trump on Wednesday after the United States threatened to impose tariffs on auto imports. "In his speech to an appreciative audience in Kansas City, Trump was re-emphasizing a theme he had addressed earlier Tuesday on Twitter, when he boasted" "Tariffs are the greatest! ".

by | July 26, 2018 | 02:17

China and other top USA trade partners zeroed in on American farmers with retaliatory tariffs after the administration imposed duties on Chinese goods as well as steel and aluminum from the European Union, Canada, and Mexico. The program will "assist farmers in response to trade damage caused by illegal retaliatory tariffs", which USDA estimated at $11 billion, Perdue told reporters.

by | July 25, 2018 | 03:02

Excluding the €4.34bn (£3.9bn) fine handed down from the European Commission last week , Alphabet's earnings per share came in at $11.75 (9p), up from $8.90 a year earlier. Other tech giants Amazon and Facebook will report quarterly results later in the week. Google booked that charge in the same quarter a year ago - and posted a $3.5 billion profit.

by | July 25, 2018 | 02:38

Trump and his top advisers also have made it clear to Iran's leaders in the past two days that the USA will no longer sit back quietly in the face of Tehran's typical "death to America" rhetoric and other threats. "I don't think there's any question, and there is no question in my mind". "There's more to come", Pompeo said. "I wouldn't recommend that", he said.

by | July 25, 2018 | 02:14

Economists have not ruled out further reserve requirement reductions this year. There are additional headlines being printed that could have an effect on the direction of gold prices, but only if they affect the three main influences on gold at this time - appetite for risk, raising Treasury yields and the U.S.

by | July 25, 2018 | 01:16

The Journal cited a memo from a manager to a supplier, saying that all suppliers are being asked to help Tesla become profitable. Telsa took another financial hit on Monday, with shares in the electric carmaker dropping nearly 5 per cent after it was reported to have asked some U.S.

by | July 23, 2018 | 02:57

Virgin Islands, of certain Ritz Cracker Sandwiches and Ritz Bits products. It said it is voluntarily withdrawing the two products "out of an abundance of caution" and added that there have been no reports of illness associated with the products.

by | July 23, 2018 | 01:18

The White House quickly released a statement that followed Trump's remarks amid criticism. So Clinton said that the Fed's independence was one of the things that actually made the USA economy look strong, according to Low. "I want them to do well", the U.S. president said of China. Fed Chairman Jerome Powell , who Trump named to lead the USA central bank, said earlier this month he was not concerned about pressure from US politicians.

by | July 21, 2018 | 01:13

But the president also acknowledged he was aware of the traditions that president's typically allow the Fed to operate independently to ensure the smooth functioning of the world's largest economy. "China, the European Union and others have been manipulating their currencies and interest rates lower, while the U.S. is raising rates while the dollars [sic] gets stronger and stronger with each passing day - taking away our big competitive edge".

by | July 20, 2018 | 04:08

It has not been a good day for Google after it was hit with a record-breaking fine totaling $5 billion or €4.3 billion by the European Commission in relation to Android and the way the company uses its position to bundle search and Chrome with handsets throughout the continent.

by | July 20, 2018 | 04:02

A string of ministerial resignations followed, including that of former Foreign Secretary Boris Johnson and Brexit Secretary David Davis, the former still being touted by a replacement for May should a contest arise. It was the second consecutive day of close votes for May, who faced a similar challenge Monday from hard-liners, a measure of the tightening course she must navigate between the competing camps within her Conservative Party.