Markets

by | September 13, 2018 | 02:06

As Donald Trump continues to up the ante on a trade war, with the USA president recently threatening to place tariffs on all Chinese exports to the United States, Beijing is moving to further solidify its already-close partnership with Russian Federation.

by | September 12, 2018 | 04:37

On the other hand, there are the ETNs which the SEC defines as unsecured debt obligations of companies that trade on securities exchanges. Instead, these two securities were non-equity linked certificates traded on the Nasdaq/OMX exchange in Stockholm, Sweden.

by | September 12, 2018 | 04:38

U.S. President Donald Trump said at the White House that trade talks with Canada were going well and that Ottawa wants to make a deal. Trudeau, whose federal Liberal government relies on support from Ontario and Quebec where most dairy farmers live, has said he will defend Canada's dairy industry, without giving details.

by | September 12, 2018 | 03:21

The national unemployment rate was at 3.9 percent in August, according to the Bureau of Labor Statistics . "You'd have to talk to the president about where the number came from, but the correct number is 10 years". Administration officials rarely contradict the president in public and nearly never from behind the podium, well aware that Trump prizes loyalty above all else in his employees.

by | September 11, 2018 | 13:35

Jack Ma, the man synonymous with Alibaba, will remain Executive Chairman until September 10, 2019, at which point current Alibaba Group CEO Daniel Zhang will take the role. The billionaire will remain as executive chairman of the company for the next 12 months to mentor his successor and ensure a " smooth and successful transition ".

by | September 11, 2018 | 12:36

The value of the rupee hit another record low on Monday, as the trading week began with the rupee opening below the 72-mark against the dollar. He said the Reserve Bank was doing whatever is necessary to deal with the situation. The local currency hit another record on Monday after data showed that India's current-account deficit widened to the most in five years. Morgan Stanley expects inflation to accelerate prompting the central bank to hike interest rates by 50 basis points (bps), ...

by | September 11, 2018 | 13:08

On August 31, Ford announced it was canceling plans to ship the Focus Active to the US from China - citing new tariffs on Chinese imports. As The New York Times notes , it was the second such tweet in as many days, after Trump on Saturday called on Apple to begin making iPhones in the US if it wanted to avoid import tariffs.

by | September 11, 2018 | 12:25

Officials say the main sticking points are Canada's dairy quota regime, Ottawa's desire to keep a dispute-resolution mechanism, and Canadian media laws that favor domestically produced content. "We continue to work hard and we are positively optimistic that we can get to a win-win-win for all three countries". Freeland said she would meet with Lighthizer when negotiators found issues that needed to be elevated to the ministerial level.

by | September 11, 2018 | 11:57

Senator Marco Rubio (R-FL) took notice of Obama's pot-calling-the-kettle-black speech and blasted the former president in a Twitter thread for his blatant contribution to the brokenness of American politics and our current state of discord.

by | September 11, 2018 | 11:14

The man, known only as Carlos, says he took a young woman named Nicole and her friend home on Thursday night. From there, a Facebook group called " Nicole from last night " was born, amassing nearly 100 Nicoles and variations thereof. "We met at the campus bar and we talked and had struck a pretty interesting conversation", said Zetina. After receiving the note the next day and reading the message, a group of the Nicoles got together to form a Facebook group in an attempt to help Carlos ...

by | September 11, 2018 | 09:43

The tariffs, ranging from 5 percent to 25 percent, would apply to 5,207 products, and USA actions will determine whether China adopts the additional duties, Beijing said at the time. Products mentioned in the letter are Apple Watch, AirPods, HomePod, Beats, AirPort, Time Capsule, MacMini, Apple Magic Mouse and Trackpad, Apple Pencil.

by | September 11, 2018 | 08:56

The percentage increase was 20.5. This increased to Rs 16.85 per litre on September 3. According to petroleum dealers in the State, compared to Friday's price, petrol on Saturday cost 41 paise more while diesel price rose 48 paise a litre.

by | September 10, 2018 | 03:25

While the nation added 40,400 full-time positions, those gains were overtaken by the 92,000 part-time jobs lost last month. Ontario experienced the biggest decrease of the provinces by far with a loss of 80,100 jobs - nearly all of which were part-time positions.

by | September 10, 2018 | 02:29

Two vehicle recalls - one involving almost 2 million Ford F-150 trucks and another on almost 200,000 Toyota Prius hybrid vehicles - and an updated notice about Kellogg's Honey Smacks cereal were the most noteworthy product warnings issued over the past week.

by | September 10, 2018 | 01:13

The report published Sunday by the New Yorker includes allegations against the CBS Corp . chairman-CEO from six women who say they had disturbing encounters with Moonves, with some claims going back to the 1980s through the early 2000s.

by | September 10, 2018 | 01:39

Still, monthly gains for the year are averaging a robust 207,000. And while August's report was an overall strong reading for the USA economy, the labor force participation was a disappointment, dropping to 62.7%. US businesses added 204,000 jobs while federal, state and local governments lost 3,000. The financial services and education and health services sectors lead the way in August with 53,000 jobs gained in each sector during the month.

by | September 09, 2018 | 06:18

Flight 203 was travelling with 521 passengers on board when a pilot reported a number were coughing and experiencing high temperatures. Emirates flight 203 was traveling from Dubai to NY and landed shortly after 9 a.m. "This is insane", he tweeted . He said the sick people were on what he called the "bottom floor". They were responding to multiple people aboard Flight EK203 out of Dubai who had taken ill, as The Sun and other outlets reported.

by | September 09, 2018 | 04:59

Tesla's stock has been particularly sensitive to Musk's movements, having closed down nearly 3 percent after the last attack on Unsworth. "We've really gotta figure out how to make two new vehicles at the same time ", Musk told Brownlee.

by | September 09, 2018 | 03:20

Amazon defended its record and claimed the Sanders presented "misleading and inaccurate" allegations regarding the company's working conditions and wages . U.S. Sen. Bernie Sanders wants corporations like Amazon to pay for public assistance used by their employees. Amazon also noted that it offers health and disability insurance, as well as retirement savings plans, company stock, tuition payments and up to 20 weeks of paid leave.

by | September 09, 2018 | 01:33

Chief Accounting Officer Dave Morton resigned after just one month in the job because of discomfort with the attention on the company and pace of work during that time, Tesla said in a filing on Friday. Tesla's stock is down more than six percent to $262, the lowest level since April. Elon Musk has never been a conventional CEO, but his behavior has seemed increasingly erratic in recent weeks.

by | September 08, 2018 | 09:19

Exports rose 0.8 percent, led by energy products as crude oil exports climbed for the fifth straight month. The trade deficit narrowed to C$114 million ($87 million) from C$743 million in June. Exports of steel products to the USA that were subject to a 25% tariff rose 16.4% in July on a customs seasonally adjusted basis, following a 36.3% decline in June.

by | September 08, 2018 | 09:37

The pan-European FTSEurofirst 300 index lost 1.20 percent and MSCI's gauge of stocks across the globe shed 0.61 percent. On Wall Street , the Dow Jones Industrial Average rose 22.51 points, or 0.09 percent, to 25,974.99, the S&P 500 lost 8.12 points, or 0.28 percent, to 2,888.6 and the Nasdaq Composite dropped 96.07 points, or 1.19 percent, to 7,995.17.

by | September 08, 2018 | 07:10

Wage growth - and more specifically, the lack of vigorous pay raises - continued to be an issue in the report from the Bureau of Labor Statistics , with average hourly earnings nudging slightly upward to 2.9 percent annual growth from July's 2.7 percent.

by | September 08, 2018 | 05:11

Jehv Maravilla and Christian Toledo spent a lot of time in McDonald's. In the video, Maravilla points at the pictures in the fast-food chain, saying, "There are literally no Asians on these walls". Maravilla also created a fake security badge identifying himself as a "regional interior coordinator" by the name of Jeff Bergara. They edited the poster to have the same dotted circle design as the other ones in the restaurant.

by | September 08, 2018 | 02:30

The speech at the University of IL at Urbana-Champaign kicks off Obama's first campaign events ahead of the November midterms: a rally for several Democratic congressional candidates in California Saturday, and an event for Richard Cordray, the Democratic gubernatorial candidate in OH, on Thursday, noted CNN .

by | September 07, 2018 | 09:23

Overnight trading brings another sizeable fall in the value of Bitcoin , as it dips $500 in and hour. Crypto markets are down sharply, with bitcoin core ( BTC ) falling by as much as 5.3 percent on news Wall Street is out of love with the idea of digital assets, at least for now.

by | September 07, 2018 | 02:19

In recent weeks, executives have come to the conclusion that many steps still need to be taken, a lot of them outside the bank's control, before a regulated bank would be allowed to trade cryptocurrencies, the financial news website reported , citing one of the people.

by | September 06, 2018 | 13:59

The global e-commerce giant plans to reach out to the next 100 million customers who might be more comfortable with Hindi than with English . "We are starting with Hindi and as we learn (from) the experience and become rock-solid, we would be in position to understand the other languages", said Kishore Thota , director (customer experience and marketing ) at Amazon India.

by | September 06, 2018 | 08:29

But since then, Washington has said it would consider waivers on Iranian sanctions and worries about a trade war between Washington and Beijing have threatened to hit future demand for oil , the sources said. Increased tariffs on Chinese imports will also increase the prices American consumers pay for a wide array of once cheap goods. "There is increasing concern about the impact of the sanctions on Iran", said John Kilduff, a partner at New York-based hedge fund Again Capital LLC.

by | September 05, 2018 | 03:47

This follows a dismal performance in the first quarter‚ when GDP shrank by a revised 2.6%. "This wasn't unexpected, however, as agriculture saw a huge boost previous year coming off a low base from the drought to increase around 17%". "Clearly this is not what Ramaphosa would like running into the elections next year", he said. "Ramaphosa's administration has been doing the right things and making the appropriate adjustments, but it will take time to be felt in the economy".

by | September 05, 2018 | 02:09

Shares of the e-commerce giant gained about 2% in trading on Tuesday to hit an all-time high of $2,050.27. This growth was made clear when Apple managed to become the first US-based trillion-dollar company earlier this year. Apple Inc. may have gotten there first, but Amazon.com's rapid ascent to a $1 trillion market value should put the iPhone maker on notice that its days as the world's most valuable company are numbered.

by | September 04, 2018 | 11:16

White South African workers have launched a protest after a company shares scheme was offered to only black staff. Meanwhile, Solidarity will also approach the courts to force Nedlac to grant members permission for a sympathy strike. These employees are eligible for R100 000 worth of Sasol ordinary shares or Sasol BEE ordinary shares. This would be available to more than 18,000 employees at Sasol, a third of which were white.

by | September 04, 2018 | 09:39

President Donald Trump has pulled the United States out of a 2015 global nuclear deal signed between Tehran and other major powers, and reinstated some of its sanctions against Iran. Traders said Brent was also pressured by emerging market turmoil and the strong dollar, which makes crude imports for countries using other currencies more expensive.

by | September 04, 2018 | 08:59

In Delhi, the petrol price touched Rs 79.15 per litre which is an increase by Rs 0.31/litre. The department said the sustained hikes in fuel prices over the past few months have placed a strain on consumers. Diesel is expected to rise by 1. Meanwhile, Maharashtra transporters, burdened with diesel price hikes for a fortnight, have threatened to agitate and increase freight rates by 10-15% if there is no control or reduction in rates.

by | September 03, 2018 | 09:03

The Minneapolis Police Department said the investigation remained active and would not confirm details of the arrest or the allegations against the 45-year-old Liu. Liu was not charged or accused of wrongdoing, but Australian media reported he tried unsuccessfully to get a court to prevent the release of his name in that case.