Business

by | September 21, 2018 | 05:35

The nose of the e-tron is familiar but with a more aerodynamic shape, including a sleeker interpretation of Audi's signature Singleframe grille with a platinum gray finish to signify the SUV's electric drivetrain. Moreover, customers will have to pay a $1,000 refundable deposit so that Audi can deliver the e-tron to them. The Level 2 systems, which use 240 volt current, will cost about $1,000 for the typical buyer, according to Audi, with Amazon handling both the delivery and installation.

by | September 20, 2018 | 01:42

The move is in response to the Trump Administration's USA tariffs on Chinese-made goods, which starts at a rate of 10 percent and is expected to go into effect Monday, Sept. Foreign Ministry spokesman Geng Shuang said USA steps have brought "new uncertainty" to talks between both countries. Share prices have dipped, only to then resume their growth, in part because of deep corporate tax cuts that took effect this year and a solid USA economy in its 10th straight year of expansion.

by | September 19, 2018 | 03:46

Previous year on 21 August 2017, Finance Minister Arun Jaitley has announced that Union cabinet gave an in-principle nod for public sector bank merger and consolidation. However, FM did not talk about the name of the new entity and said that it will be revealed later. "This took its toll on the economy", he said. Since the government is a majority owner in all three banks, it seems more likely than not that the merger will be approved.

by | September 18, 2018 | 03:01

The addition of a trendy line of infused-drink (s) could see Coca Cola leverage its existing products to help it gain new stream of revenue. The company said Monday that it's "closely watching" the use of CBD in "functional wellness" beverages.

by | September 18, 2018 | 02:48

Still, Trump said tariffs had put the United States "in a strong bargaining position", alluding to upcoming talks with Canada in an attempt to complete a renegotiation of the North American Free Trade Agreement, and to a scheduled-but-tenuous round of talks with China next week.

by | September 18, 2018 | 01:08

In August, rising output in Libya , Iraq , Nigeria and Saudi Arabia offset declines in Iran , which is about to face new USA sanctions that are already hurting Iranian exports, and in Venezuela . has imposed following its withdrawal from the Iranian nuclear deal. The sanctions would include targeting Iran's automotive sector, trade in gold, and other key metals.

by | September 17, 2018 | 03:02

Previous to the creation of the Day One Fund, Bezos and his family had donated only $135 million to charities, including the Fred Hutchinson Cancer Research Center, a nonprofit providing scholarships for the children of parents who immigrated the USA illegally and most recently to a bi-partisan organization that gives campaign support to veterans running for political office.

by | September 17, 2018 | 02:42

Noncitizens seeking entry can be found inadmissible for committing or admitting to either a controlled substances offense a "crime of moral turpitude", regardless of whether they were convicted, according to the act. who they have to let in or not", Trudeau said at a CBC radio station in Manitoba earlier this week. "That person who owns a mutual fund and maybe doesn't even know where their money is going, are they going to be covered as well?" he asked.

by | September 15, 2018 | 03:24

The step comes exactly one week since Trump raised the possibility of duties on the $200 billion of imports and also threatened tariffs on $267 billion worth of goods. Eric Zheng, chairman of AmCham Shanghai , said he supported the administration's goal to push Beijing into overhauling trade practices Trump considers unfair.

by | September 12, 2018 | 06:55

Wrap up your preparations today and make plans to get to your safe place by Wednesday night or first thing Thursday morning in advance of Hurricane Florence . Hurricane Florence is gearing up to pound the eastern USA coastline as it racks up maximum winds of 220 km/h, making it an "extremely dangerous" storm system which strength is only expected to grow.

by | September 12, 2018 | 06:25

The White House did not immediately respond to request for comment on Monday. "I have to kind of remind them, actually, those job numbers are the same as they were in 2015 and 2016". "But what is true is that it's the highest in 10 years, and at some point somebody probably conveyed it to him, adding a zero to that, and they shouldn't have done that".

by | September 11, 2018 | 01:15

Exports to the United States rose 13.4 percent to $44.4 billion, ticking up from July's 13.3 percent growth, according to customs data. Cell phones, the biggest USA import from China, have so far been spared, but would be hit if Trump activates the new $267 billion tariff list.

by | September 08, 2018 | 05:56

Should the USA slap tariffs on an additional amount of Chinese goods of that scale, the total value subjected to the duties would be around that of total imports to the U.S. The U.S. Trade Representative's office received almost 6,000 comments and held seven days of public hearings on the proposed levies. "Our concern with these tariffs is that the US will be hardest hit, and that will result in lower USA growth and competitiveness and higher prices for US consumers", Apple said in the letter.

by | September 06, 2018 | 19:16

The first quarter's GDP growth has now also been revised to -2.6 percent. Tuesday's GDP figures led many economists to cut their full-year growth forecasts for South Africa. Speaking from Beijing in China‚ where he is attending the Forum on China-Africa Co-operation with President Cyril Ramaphosa‚ Nene said it was understandable for there to be a panic in the country, but insisted government had a plan to be unveiled at the MTBPS next month.

by | September 04, 2018 | 07:41

With expectations of further tightening in oil prices due to a mix of factors such as declining inventories in the U.S., and Iran sanctions coming into place, the trend of rising petroleum prices is likely to continue. Since then, the fuel prices have been revised with effect from 6 am on a daily basis. There is a pressure on oil prices due to a decrease in production.

by | September 03, 2018 | 08:32

That line, told also to Bloomberg News , is Trump's most explicit threat yet to the WTO, the body that sets standards for global trade agreements and resolves related disputes. "The US economy will also suffer in particular from the game without rules". US Trade Representative Robert Lighthizer has said allowing China into the WTO in 2001 was a mistake.

by | September 03, 2018 | 07:07

Employees who also get a percentage added on based on their location will not see an average 26 percent increase to their locality pay in the new year, which would have cost the federal government an estimated $ 25 billion . During the Obama administration, federal pay was frozen for three years. Under the complex federal pay law, in that case such a message must be issued by the end of August to prevent a much larger raise from taking effect automatically should no decision be made by the end ...

by | September 01, 2018 | 05:00

In a notice to Congress Thursday, Trump cited "serious economic conditions" in cutting pay to civilian workers. In his letter, Trump wrote the locality increase in 2019 would average 25.70% and cost the federal government $25 billion. The federal budget deficit has grown 16 percent this fiscal year, the result of a combination of Trump-supported tax cuts and military spending, as well as increases in mandatory spending programs like Social Security, Medicare and Medicaid.

by | August 31, 2018 | 03:01

Additionally, the company is rolling out its Ad Breaks service, which is created to allow companies to monetize their content, in a number of markets. "Taking Watch global also means new opportunities for creators and publishers around the world". Users subscribed to the page will get an option to follow the video channel and also get suggestions for similar content.

by | August 28, 2018 | 02:54

He said the discussion happened before Manafort's conviction last week on tax and bank fraud charges. In other words, Mariotti's suggestion here assumes that Manafort simply wanted to avoid a second trial on the charges against him without cooperating.

by | August 28, 2018 | 00:36

Mexican President Enrique Pena Nieto spoke to Trudeau on Monday and urged Ottawa to rapidly rejoin the talks with the goal of getting a final NAFTA rewrite this week. But what Trump's going for here is headlines saying he won ... and too many USA media outlets will probably give him that. If Canada is excluded in the new deal, it would mark a major shift in USA trade policy.

by | August 27, 2018 | 07:24

The maker of the famous AK-47 rifle this week showed off a concept electric vehicle it says can rival Tesla. The Kalashnikov CV-1. Image: Kalashnikov MediaThe Kalashnikov CV-1. No prices are available for the Russian auto as yet, so it may be able to take on Tesla's "budget" Model 3 ($35,000) on that front. "We expect that the production of including us in electrical engineering will lead to the development of infrastructure".

by | August 27, 2018 | 06:27

The county first disclosed the issue in a court filing last week in support of a lawsuit seeking to restore net neutrality rules repealed by the Federal Communications Commission. California lawmakers are considering a bill that would require internet companies to restore net neutrality in California, requiring equal data access to all customers.

by | August 26, 2018 | 01:41

A number of legal experts have said that a president can not be indicted while in office, and that if a president committed a crime the appropriate recourse would be impeachment. After Trump was implicated as a co-conspirator in two campaign finance violations, both of them federal felonies, he and his closest advisors offered dire words of caution about the consequences of removing him from office.

by | August 26, 2018 | 01:26

A co-operation deal between Mr. Weisselberg and prosecutors could be damaging to Mr. Trump given the executive's long-time role in Mr. Trump's business affairs. There is no indication their cooperation extends beyond the scope of the Cohen probe. On Tuesday-the same day as Cohen's plea-former Trump campaign manager Paul Manafort was convicted on bank and tax fraud felonies.

by | August 23, 2018 | 03:58

The U.S. central bank has raised interest rates twice this year and is targeting two more hikes, with the next one seen in September. Treasury Secretary Steven Mnuchin recently told reporters that he had personally spoken to Trump about the central bank and that the president respects the independence of the Federal Reserve .

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 .