Markets

by | September 03, 2018 | 08:54

Trump informed House and Senate leaders in a letter on Thursday. It would be the first pay freeze for civilian federal workers since 2011 to 2013, when President Barack Obama instituted a three-year pay freeze as the nation recovered from the recession.

by | September 03, 2018 | 08:36

As a result, Minnesota lost 20 department stores - both Herberger's and Younkers - some of which had served as major draws for business in communities outside of the Twin Cities metro area. Bon-Ton Stores Inc., the company that owns Herberger's, declared bankruptcy in February and shut its doors Wednesday. The site reads "Stay tuned for updates over the coming weeks".

by | September 03, 2018 | 06:11

The new deal between Nairobi and London comes three months after Kenya inked a similar agreement with Switzerland to repatriate more than Sh90 billion held in Swiss accounts. For her part, Prime Minister May said time has come for the two countries to forge a stronger partnership which will leave an indelible mark for current and future generations.

by | September 03, 2018 | 05:46

For sterling bears finding it increasingly expensive to fund these short bets, some traders said Barnier's comments - indicating a slightly more conciliatory tone rather than a major shift in negotiating stance - were the final straw. "This backstop is critical". The backstop, which would foresee Northern Ireland remain in the single market for goods, and in the customs union, is due to be contained in a protocol to the Withdrawal Agreement, which is due to be concluded in October, or early ...

by | September 03, 2018 | 04:53

The Assembly's vote followed months of intense lobbying from internet companies, which warned that it would lead to higher costs. That would essentially restore the net neutrality rules enacted federally under former President Barack Obama, which were later repealed by the Federal Communications Commission under the watch and guidance of current chairman Ajit Pai.

by | September 03, 2018 | 05:19

The deal on its own is bad enough, but nobody outside of the two companies apparently knew about it. Customers were not informed their offline spending habits were being shared with Google. In a statement, Google said that it built a "new, double-blind encryption technology that prevents both Google and our partners from viewing our respective users' personally identifiable information".

by | September 03, 2018 | 04:57

When Bloomberg News asked Trump if he lost an opportunity to unite the country, he disagreed. "I've done everything that they requested and no, I don't think I have at all", he said . The White House eventually returned the flag to half-staff under pressure from veterans groups and even some of its own staffers. Trump infamously said he did not believe McCain was a " war hero " because he was caught during the Vietnam War.

by | September 03, 2018 | 04:35

Bilateral trade between the neighbours was US$8.5 billion (S$11.6 billion) previous year, with Indonesia a incurring deficit of US$3.5 billion. And at a time when China's rising economic influence and military presence in the Asia-Pacific is causing growing concern, Mr Morrison reassured Beijing that Australia's deepening strategic relationships with nations including Indonesia, Singapore and Vietnam, were no cause for concern.

by | September 03, 2018 | 02:42

However, Canada's government officials have expressed concern that a final trade pact will not be reached within the deadline, according to a Globe and Mail report. Coca-Cola Co agreed to buy the coffee chain Costa from Britain's Whitbread PLC for US$5.1 billion. Advancing issues outnumbered decliners for a 1.16-to-1 ratio on the NYSE and a 1.41-to-1 ratio on the Nasdaq.

by | September 03, 2018 | 01:27

CBOE Global Markets focuses to establish ETH futures by end of this year. The ETH market has got a fundamental boost with the talks of ETH futures being started in the CBOE by the end of the year but the impact on the prices has been pretty much muted so far.

by | September 02, 2018 | 17:57

Trump suggested in a Bloomberg News interview published Thursday that Google, Facebook and Amazon might amount to an "anti-trust situation," another push from the president this week to discredit internet giants that he claims treat conservatives "unfairly".

by | September 02, 2018 | 16:19

The coin is second in market cap only to Bitcoin , with a convincing use case to boot. By this logic, ETH futures trading will provide an opportunity for bears to short Ether. In June of this year, William Hinman, US Securities and Exchange Commission ( SEC ) director of corporate finance, said that the agency doesn't consider ethereum's native token a security.

by | September 02, 2018 | 14:29

The three cities will be the first to host Uber's tests of flying taxi services. Uber has said that it is considering the enabling conditions of the cities in the global markets that have been shortlisted, and based on that, we can guess that Mumbai has a better chance than any other city in this country.

by | September 02, 2018 | 10:19

The fast-food outlet was not so happy that the name Harland ranked only 3,257 among the most common baby names in America. The prize money is also a nod to KFC's 11 herbs and spices. The competition may seem like a joke, but it is the latest in a series of quirky marketing tactics that KFC has embraced around its Colonel Sanders mascot that appear to be resonating with consumers.

by | September 02, 2018 | 10:12

Trump is right to point out the scary fiscal situation. Feds were set to receive a 2.1 percent pay raise in January, along with a locality pay increase. That's wrong - and it disrespects the important work done throughout our country by federal workers. Trump explained the move in terms of the national debt, now more than $21 trillion, and the annual deficit, expected to be $ 804 billion in fiscal 2018.

by | September 02, 2018 | 03:17

Argentina's President Mauricio Macri said Wednesday that the International Monetary Fund has agreed to accelerate funding in support of his government's austerity program, but his comments did little to calm the market as the country's currency came under renewed pressure.

by | September 01, 2018 | 10:17

Trump's move to slap China-built autos with an additional 25 per cent levy in July undermined the profitability of the Focus Active that Ford planned to start shipping into the USA about a year from now, Kumar Galhotra, president of North America, said in a conference call with reporters.

by | September 01, 2018 | 09:50

The European Union's trade chief Cecilia Malmstrom said on Thursday that the bloc is "willing to bring down even our auto tariffs to zero, all tariffs to zero, if the USA does the same", in the latest effort to appease US administration complaints about alleged EU protectionism.

by | September 01, 2018 | 05:53

The International Monetary Fund has forecast GDP growth for the current fiscal year at 7.3 percent, rising to 7.5 percent the following year. India's $2.6 trillion economy surpassed France's in 2017 to be the world's sixth largest, and it was not far before the United Kingdom, according to World Bank data.

by | September 01, 2018 | 03:02

Whitbread said it will now focus on value hotel chain Premier Inn . The deal is expected to complete in the first half of 2019. Whitbread acquired Costa in 1995 for £19 million, buying it from founders Sergio and Bruno Costa when it had only 39 shops.

by | August 31, 2018 | 07:57

In contrast to civilian employees, troops are due for a 2.6 percent pay increase next year. Trump says he's determined that for 2019 "both across-the-board pay increases and locality pay increases will be set at zero". The pay raise matter was the latest in a string of moves that reflect an attempt to rein in spending on federal employees. Congress will ultimately decide whether federal workers get a raise.

by | August 31, 2018 | 07:59

Dyson is specifically considering setting up a dynamic handling track; an off-road route; a high-speed section; and some test slopes , to allow for thorough testing of its upcoming battery-electric vehicle. The timeline for the secretive EV to hit the market in 2021 is "highly ambitious", the Financial Times quoted industry analysts as saying. Dyson hasn't released any details about the vehicle, though it has indicated it plans to incorporate in-house solid state lithium battery ...

by | August 31, 2018 | 05:07

The president's assertion came on a day the Argentinian peso fell to an all-time low of 34.2 against the United States dollar . Instead, Macri's admission that there was a "lack of confidence in the markets" about Argentina's ability to finance its deficit next year sowed panic among investors.

by | August 31, 2018 | 03:23

The court found the National Energy Board review of the $7.4-billion project was so flawed it failed to provide the government with the information needed to approve the project. Describing the decision as a "massive victory", Greenpeace Canada noted that the ruling offers the federal government a second chance of sorts.

by | August 31, 2018 | 02:19

Just like a scene out of the movies, the auto can be seen flying in the air, like lightning. This is the startling moment a Tesla vehicle loses control and becomes airborne before crashing into an elementary public school in Ontario, Canada .

by | August 31, 2018 | 01:45

The peso is down a whopping 45% in 2018 alone with inflation running rampant at over 25% this year. Despite signing a US$50 billion standby financing deal with the International Monetary Fund earlier this year, President Mauricio Macri is struggling to convince the markets that he can spur economic growth while cutting fiscal deficits and combating inflation.

by | August 30, 2018 | 15:02

But there is still a way to avoid those growing baggage fees: Blue Plus and Blue Flex fares , which cost more than the standard Blue fares, will still include a free checked bag, as will Mint business class tickets. Air Canada earned more than $1billion from these payments past year, with WestJet earning $440 million. If passengers cancel a flight, the cancellation fees will be deducted from any credit granted on the original fare paid.

by | August 30, 2018 | 11:43

It's a win for the city. The ride-sharing firm's announced that they'll be investing less on cars and more on jump electric bikes and scooters . 'When I've spoken to our driver partners about it, the first impression was, why are you bringing in a bike to compete against me? Electric bikes from Uber is available in eight American cities such as NY, Washington and Denver.

by | August 30, 2018 | 09:44

Matthew Henick, Facebook's head of content planning, strategy and media partnerships, said that localised programming with subtitles will become available on the platform as Watch is rolled out globally. Watch also supports saving a video for later viewing. Notably, this comes across as a platform for people to connect with creators and publishers. When you click it, you'll see a carousel of videos from a number of publishers as well as a top videos for you category for videos Facebook ...

by | August 30, 2018 | 02:42

The non-oil sector contributed 91.45 percent to total GDP as against 90.39 percent and 90.96 percent in the three months to March 2018 and second quarter of 2017 respectively. The Nigerian economy grew 1.5% in the second quarter of 2018, a downturn from 1.95% growth recorded in the Q1. . "Although the GDP grew positively by 1.95%, the sectors that should propel job creation and economic positive are not in the positive directory", Chief Executive Officer of Cowry Asset Management, Mr Johnson ...

by | August 29, 2018 | 23:08

Musk, from my perspective, has a lot of assets", Meissner said. Musk was responding to a Forbes article shared on Twitter and written by Amy Nelson, the founder and CEO of workspace company The Riveter. The attention that the go-private-or-not saga generated from Wall Street and the government fuelled speculation that Musk may start to tone down his presence on social media, perhaps at the urging of Tesla's board, which was put on the defensive by the episode.

by | August 29, 2018 | 22:24

Canadian and USA negotiators have a number of differences they need to resolve, including disagreements over dairy policy, the process for resolving trade disputes and intellectual property protection rules. "I've said from the beginning no NAFTA deal is better than a bad NAFTA deal". "We're for fair trade, not free trade", he told Hill.TV. An index of the USA currency against several trading partners.DXY fell 0.08 percent.

by | August 29, 2018 | 20:35

Orban praised far-right Salvini was his "hero" and claimed that 'the security of Europe depends on his success'. In Hungary, Mr Orban has introduced legislation cracking down on foreign-backed organisations aiding migrants and refugees passing through the country.

by | August 29, 2018 | 20:24

Garg said that the major advantage of demonetisation was that new notes have more security features. The volume of banknotes, however, increased by 2.1% In value terms, the share of Rs 500 and Rs 2000 banknotes, which had together accounted for 72.7% of the total value of banknotes in circulation at end-March 2017, increased to 80.2 % as at end-March 2018.

by | August 28, 2018 | 02:55

It is the latest fallout from the wider inquiry launched by Special Counsel Robert Mueller in May 2017 into suspected collusion between the Trump election campaign and Russian Federation. Adam Schiff of California, the top Democrat on the House Intelligence Committee, said of Cohen's allegations against Trump on CNN's "State of the Union" Sunday.