Markets

by | April 11, 2019 | 04:14

Brent and WTI both hit their highest since November at $70.76 and $63.48 a barrel respectively early on Monday. An OPEC monthly report released on Wednesday showed that Venezuela's oil output sank last month to a long-term low below 1 million barrels per day, due to USA sanctions and blackouts.

by | April 11, 2019 | 02:40

Once the tax returns are out, reporters could find something that the IRS missed. Mnuchin said that he had been advised that he wasn't obligated to stay at the hearing. "The general public, when they elected President Trump , made the decision without his tax returns being released", Mnuchin said. Waters, however, told him: "This is a new day and it's a new chair, and I have the gavel at this point.

by | April 10, 2019 | 03:52

An unfortunate series of events - flooding in the Midwest, the shift to summer blend fuel and refinery fires in California - have all contributed to the spike in prices, according to the Automobile Club of California. In terms of what gas was going for this time past year, the national average was $2.66 while Michigan's was at about $2.68 per gallon. Gas prices have ticked upward $0.50 per gallon over the last 90 days.

by | April 10, 2019 | 04:31

This year, the brand's Chocolate Chip Cookie Dough flavor will be available in its original and new non-dairy form. As reported by CNN , Ben & Jerry's is offering cones to anybody that steps foot into their shops today and, unlike many other companies , there is no cap on the number of times you can reenter the line.

by | April 10, 2019 | 02:36

It means the store is likely to go into what is known as a pre-pack administration process which means shareholders would see their holdings become worthless. On Sunday night the billionaire called for the retail chain's board to be investigated and trading in its shares to be suspended. He tabled a last-minute rescue package on Friday, which still depends on him being made chief executive.

by | April 10, 2019 | 02:51

In a tersely-worded statement, the Las Vegas company said it was ending negotiations with Crown Resorts . "This is what appears to be the opening salvo". According to local media reports, a spokesman for Mr Packer's private investment company, Consolidated Press Holdings Pty Ltd, said at the time Mr Packer was "suffering from mental health issues".

by | April 10, 2019 | 03:08

French automaker Renault is Nissan's largest owner. Ghosn , who has been charged with violating the financial instruments law by under-reporting his remuneration, is also facing charges of aggravated breach of trust connected to allegations he transferred private investment losses to Nissan.

by | April 10, 2019 | 02:56

A Bank of America logo is pictured in the Manhattan borough of New York City, New York, U.S., January 30, 2019. Bank of America Corp said on Tuesday it would raise its minimum wage to 20 dollars (about N7,200) per hour over a two-year period.

by | April 10, 2019 | 02:45

The IMF expects the world economy to grow 3.3 per cent this year, down from 3.6 per cent in 2018. Beyond 2020, the International Monetary Fund predicts that global growth will stabilise at around 3.5 percent, buoyed mainly by growth in China and India .

by | April 10, 2019 | 02:00

Numerous cabinet sources confirmed to the Guardian that a plan had been discussed to bring forward the withdrawal agreement bill, which could be a way to attempt to bypass a meaningful vote in parliament. The EU council seems disinclined to agree to the 30 June extension, as it'll mean if the United Kingdom can't find a way out of the deadlock, they'll need a further extension.

by | April 10, 2019 | 01:45

With only two days until a crunch Brussels summit at which the other 27 European Union member states will decide whether to grant the Prime Minster's request for a further Brexit delay, Downing Street insisted she was treating the cross-party talks with "urgency".

by | April 10, 2019 | 01:24

Moore is a father of two and a realtor in Mount Vernon, New York, his sister said. They checked out of their Samana hotel, the all-inclusive Grand Bahia Principe Cayacoa resort, but police don't know what they did next; their phones are off.

by | April 10, 2019 | 01:02

It also said the European Union is preparing its own retaliation based on a separate WTO case, in which USA -based Boeing was found to have received illegal support from the state of Washington . Last year, the United States started charging levies on the imports of steel and aluminium from key allies including the EU. The two sides have been locked in a years-long global trade dispute over mutual claims of illegal aid to plane giants, Netherlands-based Airbus and US -based Boeing, ...

by | April 09, 2019 | 04:20

The deal May negotiated with the European Union has been voted down in Parliament three times and faces strong opposition - from outside her party and from within. "It seems utterly incredible that he has now been invited into Downing Street to negotiate a Brexit deal", he wrote in his Daily Telegraph column.

by | April 09, 2019 | 03:49

The initial public offering , expected next week, is slated to raise almost $1.2 billion. Pinterest , in an updated prospectus with the Securities and Exchange Commission, said it plans to sell 75 million shares for between $15 and $17 in its upcoming initial public offering .

by | April 09, 2019 | 00:51

Such a delay means an inventory buildup that won't start recovering until 2020, and may also "lower margins due to penalties owed to customers, weaker negotiating position with airlines as airlines consider cancellations, and operational inefficiencies from the production disruption", he cautioned.

by | April 08, 2019 | 06:12

USA sanctions on Iranian and Venezuelan oil also tightened the market, helping the Saudis and OPEC achieve their goal. "Add that to a cut in Iran waivers and prices can rise substantially", FGE said . "Oil prices are rallying in reaction to the US employment report", said John Kilduff, a partner at Again Capital LLC in NY. Both Brent and WTI breached the highest levels since November at US$70.76 and US$63.48 per barrel respectively, earlier on in the morning.

by | April 08, 2019 | 06:05

Tesla has admitted to the agency that it did not do so for the February 19 tweet. If he wanted to write a tweet which had information about the company, Musk was required to get approval from a representative of Tesla which he ignored and posted a tweet regarding the company.

by | April 08, 2019 | 05:20

Trump has announced he intends to nominate to conservative political allies - Stephen Moore and former 2012 Republican presidential candidate Herman Cain - for two current vacancies on the seven-member Fed board. "Moore and Herman Cain , are interested in fixing the price of the dollar in quantities of gold - bringing back a system that President Richard Nixon abandoned in 1971", Bloomberg explained.

by | April 08, 2019 | 03:16

He has been elected from Gandhinagar Lok Sabha seat six times since 1991. Similarly, in our conception of Indian nationalism, we have never regarded those who disagree with us politically as "anti-national". The 91-year-old BJP leader put out a blog post to mark the BJP's foundation day on April 6. Sudheendra Kulkarni, a former aide of veteran BJP leader LK Advani on Thursday praised the senior politician and said he has emerged as a "respected margdarshak " (guide) for the nation.

by | April 08, 2019 | 03:04

The percentage of unemployment due to voluntary quits fell to 12.5 percent. "As such, there's nothing here to justify financial markets pricing in the probability of a rate cut by [Bank of Canada governor Stephen] Poloz and company". MA added 20,300 jobs from From February 2018 to February 2019. However, a sharp jump of 56,000 reported in January means the three-month average is still 15,700.

by | April 08, 2019 | 02:52

May was attended by a number of Cabinet and shadow Cabinet members, including Brexit Secretary Stephen Barclay , and Chief Whip Gavin Barwell. The timeframe she laid out Tuesday is meant to see Britain leave the bloc on May 22 - the day before the first nations holds its European Parliament vote.

by | April 08, 2019 | 01:49

According to the complaint, the automakers colluded to specifically coordinate their AdBlue dosing strategies , tank size, and refill ranges, all of which contributed to limited effectiveness. They also "co-ordinated to avoid, or at least to delay, the introduction of OPF [Otto particle filters] in their new (direct injection) petrol passenger vehicle models".

by | April 07, 2019 | 03:50

Constellation Brands' sales grew 2.0% year-over-year to ~$1.80 billion in the quarter and exceeded analysts' expectation of $1.74 billion. -Newlands, who just took over in March, is under pressure to prove he can sustain growth in Constellation's beer business, which is anchored by the Mexican brands.

by | April 07, 2019 | 02:09

The company said consumers made them aware of the issue. The item UPC is 00-0-27000-38807-5. If you bought this product, you are advised to not use it and throw it away or return it to the originally store where it was purchased. Anyone with questions can call Conagra Brands at 1-888-280-0301 from 10 a.m.to 6 p.m. or visit the Hunt's website . The case batch/lot code is 5291902510.

by | April 07, 2019 | 01:37

Data for February was revised upward to a gain of 33,000 jobs instead of the previously reported 20,000, the smallest gain since September 2017. A Morgan Stanley analyst said the report potentially took the worst case scenario of an entirely new cause off the table.

by | April 07, 2019 | 02:22

A delay in Brexit of more than a few months would require Britain to participate in May 23 elections to the European parliament. In her letter to Tusk, May said she wanted to make sure that Britain terminated its 46 year membership of the European Union with an agreement that could help unravel political, security and economic ties.

by | April 06, 2019 | 02:55

The company employs more than 300,000 workers and operates almost 1,850 stores across the country. Over the past three years, the company has invested $7 billion in improving its operations. The first step came in October of 2017, when minimum wage was set to $11. The $15 minimum wage movement has found support from Democrats, including Senator Elizabeth Warren, who is running for the party's 2020 presidential nomination, and Representative Alexandria Ocasio-Cortez, part of a new crop of ...

by | April 06, 2019 | 02:46

The civil engineering sector was also weaker, although residential building bucked the trend, with a modest upturn that was still the strongest seen so far this year. For now, the sharp fall in the services PMI counter the upside news from the manufacturing sector earlier this week to push the composite PMI down to 50, its lowest level since the EU Referendum result.

by | April 06, 2019 | 03:24

CPSC had previously warned consumers to use restraints in the inclined sleep products, but the reported deaths show that these devices are being used after infants learn to roll over and without restraints. The commission and Fisher-Price issued a warning Friday about the Rock 'n Play sleeper, citing reports of 10 infant deaths since 2015. The notice advised parents to create a safe sleeping environment for their infants and not add blankets, pillows, stuffed toys and other items where an ...

by | April 06, 2019 | 01:52

According to two anonymous senior Trump Administration officials Axios interviewed, the president will make a formal announcement after a background check is completed. During the presidential campaign, Cain became known for his "9-9-9" tax plan, which would have replaced much of the USA tax code with a flat 9 percent tax on sales transactions as well as corporate and individual income.

by | April 05, 2019 | 03:25

Hironaka also said prosecutors likely wanted to prevent Ghosn from speaking at a news conference he had planned for April 11. A auto with the same license plate was later seen entering the Tokyo Detention Center, where Ghosn spent more than three months following his arrest on November 19.

by | April 05, 2019 | 02:11

Guaido has embarked on an global campaign to topple the president's socialist administration amid deepening social unrest in the country plagued by almost a month of power outages. In December, Russia sent two Tu-160 strategic bombers to Venezuela for several days in a demonstration of support for Maduro, who has rejected demands from the United States and dozens of other countries that he resign.

by | April 05, 2019 | 02:00

Here's a quick rundown of what happened. Recent data from CoreLogic has shown that the pace of value declining in dwellings has eased somewhat, but the geographic spread of struggling housing market conditions has only widened. The broad risk-appetite trends continue to drive the sentiment in the high-beta currencies and the commodity-bloc, where developments in the US-China trade dispute remain the nearly exclusive catalyst of the price action.

by | April 05, 2019 | 01:39

During a round of broadcast interviews, Hancock said Corbyn's support for delivering Brexit trumped other concerns about him. Health Secretary Matt Hancock told BBC Radio 4's Today programme that he preferred Mrs May's deal to a customs union , but added: "I have spoken about the problems of a customs union and I don't think it's as good for the country".