Markets

by | February 07, 2019 | 01:20

What will we do with this moment? On foreign policy, Trump announced that he will meet with North Korean leader Kim Jong Un later this month in Vietnam to, in his words, "continue our historic push for peace on the Korean Peninsula". Senate Minority Leader Chuck Schumer, who asked Abrams to deliver the Democrats' response , said earlier Tuesday that she "is going to do a great job" and billed Trump as the warm-up act for her.

by | February 07, 2019 | 01:40

U.S. West Texas Intermediate ( WTI ) crude futures gained 35 cents, or 0.65 percent, to settle at $54.01 a barrel, up from a session low of $52.86. However, US crude stocks rose last week even as refineries boosted output, while gasoline and distillate stocks increased, data from industry group the American Petroleum Institute showed on Tuesday.

by | February 07, 2019 | 00:51

This could cause serious economic havoc. UBS has received approval from a London court to move up to 32 billion euros ($36.44 billion) in assets from Britain to Germany as part of plans to keep business in the European Union after Brexit .

by | February 07, 2019 | 00:51

Earlier, Canadian Prime Minister Justin Trudeau pledged Can$53 million ($40 million US) in humanitarian aid for Venezuelans amid the deepening crisis . "From today, we will spare no effort in helping all Venezuelans achieve freedom, prosperity and harmony", said Pedro Sanchez, the Spanish prime minister.

by | February 06, 2019 | 04:40

Among its key missions is helping combat poverty in developing countries. One World Bank board source said that there was little appetite among member countries to mount a challenge to a US candidate seen as qualified and reasonable, but it was unclear yet whether enough viewed Malpass as fitting that description.

by | February 06, 2019 | 04:04

As the charts below from Yahoo Finance show, shares in Australian Finance Group crashed 30% at the open... When misconduct was revealed, it either went unpunished or the consequences did not reflect the seriousness of what had been done, the inquiry found.

by | February 06, 2019 | 03:29

But the deeper worry is that despite the many things that Google and other companies beneath the Alphabet aegis do, it remains, at heart, a display advertising business. Facebook Inc's better-then-expected fourth-quarter results last week had lifted expectations for Alphabet as they suggested that concerns about a global economic slowdown may be overblown.

by | February 06, 2019 | 03:05

The latter problem, Reuters reports, concerns an aspect of sanctions that bans US buyers of Venezuelan crude to pay for the commodity directly to PDVSA accounts. OPEC oil supply fell in January by the largest amount in two years despite sluggish production declines from Russian Federation, according to a Reuters survey.

by | February 06, 2019 | 03:20

The speech was delayed for a week because of the shutdown, which ended on Jan 25. Trump accused House Speaker Nancy Pelosi (D-Calif.) of "playing games". We will build a Human Wall if necessary. Disruptive antics and political stunts at the State of the Union are no way to attract moderate voters - as mortified liberal pundits pointed out past year - but with so many Democrats needing to prove their anti-Trump bona fides to potential primary voters, don't expect them to practice ...

by | February 05, 2019 | 03:40

The announcement comes amid a cost-cutting initiative at the automaker - which announced just last month it would slash an additional 7 percent of its workforce as it works to lower the price of its flagship Model 3 sedan to reach a broader market.

by | February 05, 2019 | 04:18

But Wall Street analysts are not as confident as Musk is; many are concerned by Tesla's plans to only produce cars for Europe and China and their expectation of a gap of approximately 10,000 vehicles between production and deliveries due to the number of vehicles in transit at the end of the first quarter.

by | February 05, 2019 | 03:28

The priorities are film and TV production unit, Studios, an global news team, the digital business, the TV operation led by Viceland and ad agency Virtue, while human resources, legal and business development will report into Vice Brooklyn's headquarters or a regional area.

by | February 05, 2019 | 01:32

He took sole responsibility for the handling of funds and coins and the banking and accounting side of the business and, to avoid being hacked, moved the "majority" of digital coins into cold storage. A statement from QuadrigaCX's board of directors said: 'For the past weeks, we have worked extensively to address our liquidity issues. The company hired an investigator to see if any information could be retrieved but ongoing efforts have had only "limited success in recovering a few ...

by | February 04, 2019 | 06:05

An industry-wide pay rate is only mandated for the first 12 months of the rule , and Lyft argues this gives the company with the biggest marketshare - Uber - a "built-in" advantage over others. Back in August , the city council voted on a minimum rate for independent contractors driving for ride-hailing apps such as Uber, Lyft, Via, and Juno.

by | February 04, 2019 | 02:41

The report also showed no "discernible" impact on job growth from a 35-day partial government shutdown and came two days after the Federal Reserve signaled that its three-year interest rate hike campaign might be ending because of rising headwinds to the economy.

by | February 04, 2019 | 02:14

Obama's FCC had imposed a strict set of regulations on Internet providers to ensure they wouldn't be able to prioritize certain websites and apps over others. The legal counsel of public radio system, NPR , also filed comments with the FCC on behalf of NPR in opposition of the FCC's repeal decision. But when Donald Trump became president, the political balance of the communications agency changed.

by | February 04, 2019 | 02:06

The federal government was shut down for the survey period covered by the January jobs report . St. Louis Fed President James Bullard on Friday defended the central bank's policy stance, telling CNBC that the jobs numbers were backward looking, and Dallas Fed chief Robert Kaplan called the payrolls report "noisy", pointing to a sharp rise in part-time jobs.

by | February 03, 2019 | 05:18

We continue to expand organic operating margins while increasing investment in our brands ahead of organic net sales growth. The worldwide drinks giant, which is Scotland's largest whisky producer, reported earnings of £2.4 billion for the half-year to 31 December, an 11 per cent rise year-on-year.

by | February 03, 2019 | 04:27

A witness told WPLG that he saw the man climb over a balcony railing before leaping to his death. While Shaw was making his way back from his hotel room on the 10th floor to the competition, he said he walked past the officer, who was standing on the balcony ledge.

by | February 03, 2019 | 03:31

That process, which included the sale of £3bn worth of North Sea fields to Chrysaor, has been completed. The total dollar value of all 4.12 billion outstanding shares is 245.59 billion. 'The sharp decline in the oil price certainly hasn't hurt Royal Dutch Shell's ability to improve its profitability, ' says Micheal Hewson, an analyst at CMC Markets.

by | February 03, 2019 | 01:58

Mehmet Ozkan, a former Turkish official who worked on bilateral relations with Venezuela until last year, said that Caracas has been exporting its gold to Turkey for safekeeping since the beginning of last year. The Trump administration imposed fresh sanctions on the national oil company PDVSA, effectively blocking Maduro from exporting crude to the US, and granted Guaido control of Venezuelan assets at the Federal Reserve Bank of NY.

by | February 03, 2019 | 02:26

On Friday, in yet another twist, Foxconn said that, after discussions with the White House and a personal conversation between Mr. Trump and Foxconn chairman Terry Gou, it will proceed with the smaller manufacturing facility. The finger pointing over Foxconn's future in Wisconsin included a claim by two GOP leaders, Assembly Speaker Robin Vos and Senate Majority leader Scott Fitzgerald.

by | February 03, 2019 | 02:51

Beijing is under pressure to come up with more stimulus measures and find common ground with the United States to prevent their trade war from escalating. Last year, growth in China slowed to 6.6 percent - the lowest expansion rate in 28 years. "The Irish reading is also well above the flash January Manufacturing PMI for the Eurozone, which came in at 50.5", he noted.

by | February 03, 2019 | 03:18

This revolution came later to Rugby Union, which only provided players the opportunity to profit from the sport in 1995. It was a reflection of the sort of afternoon he had that it was his sloppy pass that was intercepted by Henry Slade, who stumbled, crawled, and somehow got over the line for England's last try.

by | February 03, 2019 | 02:17

As part of the preparations for a no-deal Brexit, EU ambassadors agreed to a document on Friday that would allow British citizens to travel to other countries in the EU without a visa for short stays. Finding in Britain's favor against Spain in a case in 2006, the European Court of Justice stated: "Gibraltar is now a British Crown Colony. All parties should respect the people of Gibraltar's democratic wish to be British".

by | February 01, 2019 | 06:46

Full results including juices tested can be found here by scrolling down towards the bottom of the page. We asked all of the companies involved in our testing what they are doing to keep heavy metals out of their products. A Welch's spokesperson said, " All Welch's juice is safe and strictly complies with all applicable legal requirements". Granted, to some degree, the presence of metals is somewhat natural; lead and arsenic are can be found the soil, air, and water.

by | February 01, 2019 | 07:33

The company reported its third record profit in a row, capitalizing on a strong holiday retail season and its growing, high-margin businesses such as cloud computing and advertising. "As a result, the profit story in '19 may not be as good as it was in '18", said Tom Forte, analyst at D.A. Davidson, adding that this might not be a bad thing.

by | February 01, 2019 | 06:19

Headcount increased 42 percent year-over-year. Shares of the social media network rose almost 12 percent to $168 in trading before the bell on Thursday, with at least 17 analysts raising their price targets on the stock. "The question is whether those people will have the opportunity to actually have impact on policy, and whether the very top of the company-Sheryl Sandberg, Mark Zuckerberg and the board-will take what they're saying and actually implement".

by | February 01, 2019 | 06:32

Morrison made the commitment in a speech in Brisbane on Tuesday, establishing the governing Liberal-National Party coalition (LNP)'s economic record as the key pillar of his election campaign. "You can't tax the economy to success". Labor leader Bill Shorten told voters to expect more scare tactics from the coalition over the economy and security.

by | February 01, 2019 | 05:43

In the absence of inflation in conventional measures, that argues for patience on the monetary authorities' part in raising interest rates or reducing the central bank's balance sheet. "The Fed dropped a commitment to gradual rate hikes from its policy statement". The Fed can lower its base interest rate, known as the federal funds rate, to help to stimulate the economy or raise it to stop it overheating.

by | February 01, 2019 | 02:54

May was due to talk on Wednesday with Tusk and Irish Prime Minister Leo Varadkar, and face MPs in her weekly questions session in parliament. Coveney insisted: " We need a backstop or insurance mechanism based on legal certainty ..." . May conceded that her government hadn't settled on a way to replace the backstop, telling lawmakers that "there are a number of proposals for how that could be done".

by | February 01, 2019 | 03:04

The company is valued at about $430 billion. Alibaba dominates China's emerging consumer culture and its corporate results were widely anticipated for any signs that a worsening Chinese economic slowdown and the United States-China trade tussle were turning off shoppers.

by | February 01, 2019 | 02:10

General Motors Co said late on Wednesday it will temporarily suspend operations at 11 MI plants and its Warren Tech Center after a utility made an emergency appeal to users to conserve natural gas during extreme winter cold. Auto plants and other big energy users throughout Southeast Michigan are shutting down or limiting operations due to a natural gas shortage caused by a fire and record cold temperatures.

by | February 01, 2019 | 00:49

The question of jobs will be one of the biggest factors that will decide whether the Modi government will be able to return to the helm for a second time after the general election later this year. In September 2018, economists from Azim Premji University released a report which said that in 2015, the headline rate of unemployment reached 5%, with youth unemployment at a very high 16%.

by | February 01, 2019 | 01:29

China is working towards a green, inclusive and open 2022 Winter Olympics, said Chinese President Xi Jinping while meeting with International Olympic Committee (IOC) President Thomas Bach at the Great Hall of the People in Beijing on Thursday.