Markets

by | October 08, 2018 | 02:22

Market expectations were for an increase of 25,000. The move into surplus was due to a 2.5 per cent drop in imports. The number of people participating in the labour force, which includes those both working and looking for work is now 106,600, up from 104,500 in September 2017.

by | October 08, 2018 | 02:17

Yuriko Koike at another event in the capital. In the final weeks before the relocation to its new home, several hundred protesters braved the rain to speak out against the move. The New Year auction often fetched higher prices than normal, because the event was considered auspicious for business . A number of electric carts and forklifts traveled in a convoy on a road in central Tokyo early Sunday morning as they moved from the closed Tsukiji fish market to a new site at the ...

by | October 08, 2018 | 01:23

Average hourly earnings rose at an annual rate of 2.8 percent in September, down from 2.9 percent in August. The labor market is in excellent shape heading into the end of 2018, perhaps the best it has been in 50 years. The long-awaited pickup may already have begun. Earlier this week, Amazon announced that it was raising its minimum wage to $US15 an hour, more than twice the federal mandate of $US7.25.

by | October 08, 2018 | 01:32

The S&P 500, meanwhile, lost 11 points to 2,914, pushed down by Coty Inc, Estee Lauder Companies, Ralph Lauren, Gap and Western Digital Corp. The Russell 2000 index lost 14.80 points, or 0.9 percent, to 1,632.11. "It will be volatile, it will chop around in both directions". The hiring figures were influenced by the hurricane that hit the Southeast last month, muddling the picture.

by | October 07, 2018 | 07:37

The piles of trashed mail date back to August 8, but were discovered on Sunday in Pennsauken, NJ.com reported. It took a Facebook post from a man in Pennsauken to get action by the U.S. The picture of the undelivered goods has been shared more than 3,700 times on Facebook. The mail carrier who was responsible for the delivery resigned on September 8.

by | October 07, 2018 | 03:24

According to detectives at Maribyrnong Crime Investigation Unit, all the victims hail from Melbourne's eastern suburbs. The victims are told to take money from their bank account and pay it into an account at a bitcoin ATM in Braybrook. "We believe that there are several victims who did not report this for one reason or another, they may be here with visas or they don't know that the authorities will never tell them to deposit money in an ATM", the acting detective says Sergeant Lehpamer.

by | October 06, 2018 | 09:06

Similarly, diesel rates were reduced to Rs 72.95 a litre from all-time high of Rs 75.45. Congress chief spokesperson Randeep Surjewala said the government had evidently panicked at the prospect of losing the assembly polls. The average crude price during the 52 months of Modi government is 58 dollars per barrel which is almost 45 per cent less than what it was during the UPA tenure.

by | October 06, 2018 | 07:56

This means that the vehicle could lose power and stall while, according to the firm, power steering and braking remain operational. The recall, which covers vehicles sold in Japan, North America and Europe, affects 55,519 Prius , Prius+ and Auris models in the United Kingdom built between October 2008 and November 2014.

by | October 05, 2018 | 04:39

That is good news and bad news for the global economy. "I have never seen anything like that in a trade agreement". No, with Mueller circling and Kavanaugh circling the bowl, Trump needed a victory ahead of the upcoming midterm elections; his entire #MAGA schtick is predicated on winning.

by | October 05, 2018 | 03:00

Currently, warehouse workers in the US, are eligible for monthly bonuses that could total hundreds of dollars per month as well as stock awards, said two people familiar with Amazon's pay policies. "Amazon can afford to make all workers whole and should do that". Bernie Sanders launched his full-fledged campaign against the one of the nation's largest companies; unveiling new legislation that would impose a stiff tax for government benefits received by full-time employees.

by | October 05, 2018 | 02:37

Pertinently, Union Finance Minister, Arun Jaitley Thursday announced a cut of Rs 2.50 per litre in petrol and diesel prices . State-run refiners will also cut the price they charge by 1 rupee per litre. "By asking the oil marketing companies to absorb the price hike, the government is giving a signal that it can interfere at anytime in a deregulated market in the larger public interest", said Gagan Dixit, a senior analyst with Elara Capital.

by | October 04, 2018 | 03:40

Indian markets were shut Tuesday for a holiday. The rupee recovered to 73.04 to a dollar after touching an all-time low on Wednesday, after State-run banks were spotted selling dollars on behalf of the RBI, currency dealers said. Indian stocks were also down dragged by financials and auto stocks such as ICICI Bank Ltd and Eicher Motors Ltd. Intraday, the Sensex hit a low of 35,911.82 and the Nifty touched 10,843.75.

by | October 04, 2018 | 02:05

Brent for November delivery rose $1.06 to $82.78 a barrel at 11:14 a.m. on the ICE Futures Europe exchange in London . A Reuters survey of OPEC production found Iranian output in September fell by 100,000 barrels per day, while production from the group as a whole rose by 90,000 bpd from August.

by | October 04, 2018 | 00:51

Trump has yet to demand payment for keeping USA troops in the oil-rich region, but the United States president did urge them to lower oil prices in return for security last week. Commodity trading company Trafigura forecast Brent crude oil could hit $100 by the end of the year, and Bank of America isn't far behind with a $95 price forecast, although for the second quarter of 2019.

by | October 03, 2018 | 03:24

According to Juul, the vaping device is "a true alternative " to cigarettes for adults. Vaping defenders say flavours are critical to helping adult smokers switch from more unsafe combustible cigarettes to safer e-cigarettes. He said Juul is being transparent and said that since April, the company has released more 50,000 pages of documents to the FDA. "The meetings last week with FDA gave us the opportunity to provide information about our business from our marketing practices to our ...

by | October 03, 2018 | 02:21

Many of these have been discovered and photographed by groups of Tesla enthusiasts and skeptics online who wish to know more about the company's operations. Both have agreed to settle these terms without confirming or denying the allegations, leaving Musk $20 million out of pocket and required to step down as Tesla's chairman.

by | October 03, 2018 | 01:32

Workers hired by temp agencies on behalf of Amazon will also be included, as will anyone working for any of Amazon's subsidiaries, such as Whole Foods. Amazon confirmed that it is phasing out its incentive pay component, replacing it with the $ 15 per hour minimum and no targets attached. The Walt Disney Company is to begin paying that wage to Disneyland workers in California next year and Disney World employees in Florida by 2021.

by | October 02, 2018 | 03:10

After a highly elongated, turbulent renegotiation process, Canada has reached a tentative deal with the United States and Mexico to continue the 24-year-old North American Free Trade Agreement (NAFTA). "They used to call it NAFTA", said Trump after a deal was reached with Mexico. To placate Trump, Mexico agreed in August to provisions that would require 40 percent to 45 percent of a vehicle be built in countries where auto workers earn at least $16 an hour to qualify for NAFTA's duty-free ...

by | October 02, 2018 | 03:25

Wedbush analyst Michael Pachter said "the most important point is that we found out from them", meaning Facebook, as opposed to a third party. This enabled them to steal access tokens which they could then use to take over people's accounts, the social media giant said.

by | October 02, 2018 | 02:21

The board looks forward to working with Larry and his team to return GE to growth and long-term success. "I am excited to get to work". The shares climbed 15 per cent to US$12.95 in NY premarket trading Monday. Immelt took over from Welch two days before the terrorist attacks in NY and Washington on September 11, 2001. The board's move comes in a little more than a year after it appointed Flannery as GE's chief executive.

by | October 02, 2018 | 02:54

California Attorney General Xavier Becerra, who is challenging the FCC's repeal in court along with other states, said in a statement , "Here in California - a state that is home to countless start-ups and technology giants alike - we know that a handful of powerful companies should not dictate the sources for the information we seek or the speed at which our websites load".

by | October 02, 2018 | 02:17

But several experienced litigators said on Monday that, while the DOJ probe is separate, the SEC's settlement could mark the end of official action against Tesla and Musk. The basis of the SEC's suit was that Elon didn't have funding secured at all and was potentially misleading investors. "This matter reaffirms an important principle embodied in our disclosure-based federal securities laws", a statement from the SEC read.

by | October 01, 2018 | 06:25

The timing of the events could change, Bloomberg reported, citing unnamed sources. The news comes as market observers eagerly anticipate a positive final investment decision soon. Now analysts think that the partners will decide to go ahead with the project, which is created to export 26 million tons of LNG to Asia, seizing market opportunities in the Asian market and giving a shot in the arm to the Canadian energy industry.

by | October 01, 2018 | 05:47

Citizens Advice is a network of 316 independent charities across the United Kingdom. Alongside the broader recommendations of encouraging consumers to engage with the market, protecting consumers from exploitation, and finding specific protections for vulnerable and low-income consumers, Citizens Advice has a suggestion for the mortgage market in particular.

by | October 01, 2018 | 04:00

Thousands of travellers in Europe saw their plans disrupted yesterday after airline Ryanair cancelled some 190 flights because of strikes by cabin crew in Spain, Belgium, Holland, Portugal, Italy and Germany. Staff claim this creates huge insecurity for them, blocking their access to state benefits in their country. Hans Elsen, secretary of Belgium's LBC-NVK union, said that even though Ryanair's chief executive Michael O'Leary has said he offered unions what they wanted, LBC-NVK never got ...

by | September 30, 2018 | 06:05

To the topside, there are key resistances formed near the $6,780, $6,800 and $6,820 levels. In any case, gains were secured by the $0.5480 and $0.5500 resistance levels alongside the 100 hourly SMA. Ethereum , now suffering from a large-scale sell-off after the cryptocurrency market tanked this year, is poised to bounce back in a big way, according to Tom Lee of Fundstrat Global Advisors .

by | September 30, 2018 | 06:20

Users were concerned about the safety of their information on Facebook as well as their personal privacy. The social media giant said that attackers exploited a vulnerability in Facebook's code that had an impact on the " View As " feature.

by | September 30, 2018 | 05:04

Consumers will also be able to discover products from some of the most popular categories on Amazon.com including kitchen, home, toys, games, devices, consumer electronics , books, and more. Amazon (AMZN) is stepping even further into brick-and-mortar retail operations. Members of the company's Prime subscription service pay the online price, while other shoppers pay more .

by | September 30, 2018 | 05:54

Trump also claimed that he turned down a meeting with Justin Trudeau to discuss the prospects of a deal "because [Trudeau's] tariffs are too high and he doesn't seem to want to move - and I told him: 'Forget about it'". On Capitol Hill, senior Republicans such as Sen. "Canada has a long way to go". But insiders - who requested anonymity given the sensitivity of the situation - say there is no alternative for Canada but to keep trying to settle the differences between the two nations and ...

by | September 30, 2018 | 05:53

The next real estate implosion could begin in Hong Kong, according to a new study from UBS. "When you factor in population flows, when you factor in income growth, when you factor in home price growth, that's why Chicago scores where it does".

by | September 30, 2018 | 03:52

Besides making false and misleading statements , the government claims Musk's Twitter shenanigans "caused significant confusion and disruption in the market" and harmed investors. Tesla's stock dropped more than 11% in after-hours trading Thursday. "We respect the DOJ's desire to get information about this and believe that the matter should be quickly resolved as they review the information they have received", a company spokesperson said.

by | September 29, 2018 | 06:28

The session high of $82.87 was the contract's highest since November 10, 2014. In the third quarter, Brent has gained about 4 percent. U.S. West Texas Intermediate and international-benchmark Brent crude oil futures are in a position to post solid gains for the week.

by | September 29, 2018 | 06:28

On Sept. 7, the government announced that, based on the consumer price index and the formula used for rent increases, the maximum annual allowable rent increase for 2019 would be 4.5 per cent. In a statement Wednesday afternoon, Housing Minister Selina Robinson said a plan is now in place to provide housing and shelter to all of the homeless campers at Goldstream, including transportation to housing and storage for the campers' personal belongings.

by | September 29, 2018 | 05:16

The suit, which alleges Musk committed fraud, is the biggest domino to fall in the wake of the Tesla ($ TSLA ) CEO's now-infamous "funding secured" tweet. The no-compromise stance suggests that the legal case over Musk's considered-but-discarded plan to take Tesla private won't be resolved quickly. Jeffrey Osborne, an analyst at brokerage Cowen, said investing in Tesla equity and bonds over the past few weeks had been "a game of choose your own adventure".

by | September 29, 2018 | 06:47

That statement was " false and misleading ", the SEC alleges, and was the first of a series of "materially false and misleading statements". Now new reports claim that Musk was actually offered a no-guilt settlement deal by the SEC, but Musk pulled out of the agreement last minute.