Markets

by | August 28, 2018 | 03:11

The revelation comes days after Tesla announced late Friday that Musk has scrapped his plan to take the company private . After consulting with Tesla's Board of Directors and "current shareholders, large and small", the post says, Musk decided it would be best to give privatization a rest.

by | August 27, 2018 | 04:36

Two days ago, Reuters published an exclusive report stating that the long-awaited IPO by Saudi oil giant Aramco had been "called off", following information from four trustworthy senior industry officials. Suspicions that the IPO may never see the light of day first surfaced nearly a year ago, as sources close to the deal suggested that the plans to list in the second half of 2018 was overly ambitious, with several issues to be settled before the listing could take place.

by | August 27, 2018 | 04:29

Alipay , the payments portal part of the Chinese online giant Alibaba , will actively monitor the transactions of users and merchants and the over-the-counter crypto trading. Ant Financial's Alipay will limit payment transfer functions for the concerned accounts, the Hangzhou-based firm said yesterday. Over past 72 hours, China has practically clampdown the who crypto industry in the country.

by | August 27, 2018 | 02:31

Fellas, as we discussed before, Iran is the third-biggest crude oil producer in the OPEC ( Organization of the Petroleum Exporting Countries ), supplying approx 2.5M barrels per day (bpd) of oil, which does impact the oil market . Traders and analysts also have their eyes on looming supply shortages from Iran as the us sanctions factor in. Tehran says it has no ambitions to make such a weapon.

by | August 27, 2018 | 02:19

The Beijing-based company has apologised, stating it has "inescapable responsibility" for the incident. Local police said the driver, identified by the surname Chung, picked up the 20-year-old victim around 1:00pm (0500 GMT) on Friday. Didi is the biggest ride-sharing firm globally by number of trips. "The fact that Didi has a driver safety and security issue is a real problem for Didi.

by | August 27, 2018 | 01:38

There is an initial prototype deal which is now under the review as a phase in stirring bond sales away from traditional practice and towards a road of cheaper and faster automation. Also, Bondi is Australia's most famous beach. The World Bank and Australia's largest bank, the Commonwealth Bank of Australia , have issued a public bond exclusively through the blockchain.

by | August 27, 2018 | 03:11

Powell Jobs also bought the second-largest stake in a holding company that owns the NBA's Washington Wizards, the NHL's Washington Capitals, and more. Jobs refused to install heat in her bedroom, he was not being callous, she says - he was instilling in her a "value system". In his will, Jobs left his fortune to Powell Jobs, who runs the philanthropic organization Emerson Collective .

by | August 27, 2018 | 01:59

Everyone laughed, including the president. Trump also renewed his attack on Attorney General Jeff Sessions on Saturday, claiming he "doesn't understand what is happening underneath his command position". Underwood's request was first reported by The New York Times . But Axios reported Thursday that Cohen, in closed-door hearings with Congress previous year, said he was unsure if Trump knew about the meeting with Natalia Veselnitskaya.

by | August 26, 2018 | 12:05

The change stems from a tumultuous 2016 primary campaign, in which supporters of Vermont Sen. Barack Obama's underdog victory against Hillary Clinton in 2008, for instance, relied on his campaign's strategy of dominating the state caucuses.

by | August 26, 2018 | 11:50

The same commitment would apply to things like agri-environment schemes and rural support projects under the Rural Development Programme - part-funded by the EU. But not everybody is so lucky. Despite this, the FDF was keen to stress that there were worrying indications for the food and drink industry in the notice, including a warning that United Kingdom organic produce exporters could face a ban on exports to the European Union for at least nine months while new approvals for organic ...

by | August 26, 2018 | 09:09

The project for the Prototype was the first at the company to be led by INFINITI's head of design, Karim Habib. There are no fake power options or pretend performance statistics to report, but the Prototype 10 does a good job of communicating the direction in which Infiniti sees itself going nonetheless.

by | August 26, 2018 | 08:30

Meanwhile, a Trump administration plan to release 11 million barrels of crude from USA strategic reserves - a move that may reflect the White House's worries over tight supplies - was seen short of offsetting the impact of impending sanctions on Iran's crude exports.

by | August 26, 2018 | 07:08

Announcing the 5G ban on Thursday, Morrison overtly referred to "vendors who are likely to be subject to extrajudicial directions from a foreign government that conflict with Australian law" but but pulled -up short of namedropping either Huawei and ZTE .

by | August 26, 2018 | 05:03

Democratic forces hoping to nail Trump for alleged Russian Federation collusion are now pinning their hopes on Michael Cohen , who was convicted on eight counts tax fraud. The Trump Organization recorded some of the payments to Cohen as tax-deductible legal expenses. Put "retainer for the months of January and February 2017" in the description, " according to court filings.

by | August 26, 2018 | 06:14

Mexican and USA representatives are meeting in Washington . Reuters reports that disputes about auto rules have pushed talks into next week, but the U.S. Jesus Seade, an economic advisor to Mexico's incoming president, Andres Manuel Lopez Obrador, has been participating in portions of the Nafta talks and said the sunset clause "is going out", according to press reports from Mexico City.

by | August 26, 2018 | 05:53

Shares in the auto and renewable energy manufacturer soared and then fell after Mr Musk tweeted on 7 August he meant to take the firm off the stock market. "I think his most recent statement shows that this wasn't thought through", Henning said. Oh, and don't forget that things have gotten so serious and with so much media coverage that the SEC has chose to step in and investigate just what on earth has been going on.

by | August 26, 2018 | 02:39

The bureau has argued TREB's policy - which is also held by real estate boards across the country - impedes competition and digital innovation. The quasi-judicial tribunal ruled in the bureau's favour in April 2016 and later the Federal Court of Appeal upheld the tribunal's ruling, so the board recently headed to the Supreme Court to try to protect the data.

by | August 26, 2018 | 03:03

The pope touched down in a sunny Dublin at 0926 GMT where he was greeted by Irish Foreign Minister Simon Coveney, his children, who presented Francis with flowers, and a number of Irish bishops. He did not want to "just do them in a token way", he said, but to ensure "there is truth and justice and healing for victims". The Vatican was rocked this month by a devastating U.S.

by | August 26, 2018 | 02:54

Investigators led by District Attorney Cyrus R. Vance Jr. would look at how the company accounted for its reimbursement to Cohen for the $130,000 he paid to Stormy Daniels , who claims to have had an affair with President Trump , the New York Times reported .

by | August 26, 2018 | 02:08

While it's possible that Cohen was merely so sloppy he filed a request to be reimbursed for something innocuous alongside an illegal bribe, it also seems possible he was bundling together a lot of stuff Trump and crew wanted to keep quiet in the same transactions.

by | August 26, 2018 | 02:31

Vanity Fair first reported the immunity deal. Court papers in the Cohen case say Pecker "offered to help deal with negative stories about [Trump's] relationships with women by, among other things, assisting the campaign in identifying such stories so they could be purchased and their publication avoided".

by | August 26, 2018 | 02:43

The Russian manufacturer behind the AK-47 has pulled out the big guns - debuting a retro-style electric auto in hopes of leaving Elon Musk's Tesla in the dust. Kalashnikov recently expanded beyond firearms, launching a clothing line and a host of accessories, like umbrellas and smartphone covers. Its foray into electric vehicles, however, was met with mixed reactions from Russians.

by | August 25, 2018 | 05:51

Wrapping up the Fed's annual retreat in Jackson Hole , Wyoming, the president's handpicked choice to succeed Janet Yellen brushed off Trump's concerns that continued increases in interest rates could derail the United States economy. "If the strong growth in income and jobs continues, further gradual increases ... will likely be appropriate". Investors are pricing in another quarter-point increase from the central bank at their meeting next month.

by | August 25, 2018 | 05:30

One Mexican official told Reuters that he expected bilateral talks to be resolved by early next week. "But we are in very close contact with both the U.S. U.S. Commerce Secretary Wilbur Ross later said the two countries could reach agreement in the "very near future". The sunset clause , which Mexico and Canada fear could hurt long-term investment, was not discussed Wednesday, Seade said.

by | August 25, 2018 | 04:01

Credit Suisse reacted to media reports about an alleged freezing of Russian clients' assets. " Credit Suisse is everywhere has partnered with worldwide regulators in order to enforce the sanctions, including those concerning Russian Federation", - reports comment Bank, Reuters , reports UNN.

by | August 25, 2018 | 01:45

Noting that the economy's "strong performance will continue" against a backdrop where there "does not seem to be elevated risk of overheating", Fed Chair Powell said that the "gradual process of normalization remains appropriate". Although George noted that "expressions of angst" from the White House when there are higher interest rates is not necessarily unique to the Trump administration, she said the Fed will ultimately remain faithful to preserving the value of the USA dollar.

by | August 24, 2018 | 15:32

Most major bourses in Europe registered gains of 0.1 percent apiece, although the exception was Britain's FTSE100 . FTSE index, which fell 0.1 percent. It appears, for now at least, gold has reached a trough, and will gradually strengthen as the recent comments by President Trump attacking the Fed's policy of raising rates would only benefit gold.

by | August 24, 2018 | 13:30

The device was photographed by someone who cleans the lenses before the photos , revealing that everything in it works and the notch is much larger than what the competition delivers. According to the images, published on Rozetked .me and shared on Twitter by renowned leaker @VenyaGeskin1 , we should expect a healthy number of accessories in the box alongside the phone.

by | August 24, 2018 | 13:28

Wall Street notched another milestone Wednesday as the bull market in USA stocks set a record for longevity, beating the bull market of the 1990s that ended in the dot-com collapse in 2000. Stocks of United States companies with significant China operations were under pressure, including Boeing, down 0.8 per cent, Caterpillar, down 2.0 per cent and Deere & Company, down 1.0 per cent.

by | August 24, 2018 | 08:13

The possibility of new duties on another $200bn in Chinese goods, which are the subject of public hearings this week, are still pending, as well as Mr Trump's proposed 25% taxes on all auto imports to protect the USA industry. A spokeswoman at China's embassy in Washington could not immediately be reached for comment. The US moves were "clearly suspected" of violating World Trade Organisation rules, the commerce ministry said in a statement, adding that it would file a lawsuit against them ...

by | August 24, 2018 | 06:52

Despite her poll popularity, Griffith University political scientist Dr Paul Williams said Ms Bishop was likely to get knocked out in the first round of the leadership ballot. Mr Abbott denied reports he will stand. Turnbull said the meeting would proceed once the signatures had been verified. Pressure is mounting on Australian PM Malcolm Turnbull as internal party rivals prepare for a potential imminent leadership contest.

by | August 24, 2018 | 07:50

Liquidation sales are expected to begin next week. As previously reported by FOX Business, Sears added 43 stores to its list in July, which at that point had increased to 265. The company is now headquartered in Hoffman Estates, Ill. Sears is also considering the sale of its Kenmore appliance brand for $400 million and had previously sold its Craftsman tool brand.

by | August 24, 2018 | 06:19

Cohen's lawyer, Lanny Davis , said this morning that Cohen has information "that would be of interest" to the special counsel. "He considers a pardon from somebody who has acted so corruptly as president to be something he would never accept".

by | August 23, 2018 | 05:42

Peace Now, an anti-settlement watchdog group, said the decision included final approval for immediate construction of almost 400 homes, with the rest requiring further bureaucratic approvals. Trump's Mideast team, headed by his adviser and son-in-law, Jared Kushner, has been working on a peace proposal for months but has not said when it will be released.

by | August 23, 2018 | 05:11

United States stocks graduated into the longest-ever "bull market" on Wednesday (Aug 22) after a mixed session as investors weighed optimism over trade talks with uncertainty generated by USA political turmoil. PulteGroup, Lennar and D.R. Horton rose between 4.4% and 5.1%. Target shares touched an all-time high after the retailer beat quarterly estimates and raised its full-year profit forecast.