Money

by | August 11, 2018 | 23:59

President Donald Trump . The latest US$16 billion list will hit semiconductors from China , even though numerous basic chips in these products originate from the United States, or South Korea . They are meant to protect homegrown businesses and put foreign competitors at a disadvantage. In July, China's global exports surged 12 per cent, even faster than an 11 per cent increase in June.

by | August 11, 2018 | 23:47

Mr Johnson's lawyers said he sprayed Roundup and a similar product, Ranger Pro, in large quantities as a pest control manager at a San Francisco Bay Area school district. In the past, Monsanto sued California's Office of Environmental Health Hazard Assessment for adding glyphosate to a list of cancer causing chemicals, and lost.

by | August 11, 2018 | 19:22

Gurbacs also firmly upholds his business position in the face of the recently rejected Winklevoss Bitcoin ETF , asserting that his enterprise, VanEck , intends to provide an insured product, with a fund that would cover the Bitcoin ( BTC ) in case of "theft and damage and loss of all kinds".

by | August 11, 2018 | 18:41

The country's powerful Cockpit union said it had called on Ryanair's roughly 480 Germany-based pilots to walk out from 3.01am (2.01am Irish time) until 2.59am (1.59am Irish time) on Saturday. Another key complaint of workers based in countries other than Ireland is the fact that Ryanair employs them under Irish legislation, arguing most of its employees work on Irish planes.

by | August 11, 2018 | 11:27

Investors fear Turkey is teetering on the edge of financial crisis following a dramatic plunge in its currency that has gathered pace this week. European and American bank stocks declined on concerns about their exposure to Turkey. Turkey's ever combative President Recep Tayyip Erdogan vowed to not bow to economic pressure. The sides held talks in Washington this week but failed to resolve the spat, and Trump took advantage of Turkey's turmoil on Friday to turn the screws on the country.

by | August 11, 2018 | 06:24

Trump said the tariffs on aluminum imports would be increased to 20 per cent and those on steel to 50 per cent as the Turkish Lira "slides rapidly downward against our very strong Dollar!" The White House said Mr Trump had authorised them under a section of U.S.

by | August 10, 2018 | 14:42

The attack prompted the United Kingdom and its Western allies to expel many Russian diplomats - and Russia retaliated with its own expulsions. The ruble sank to 66.48 against the United States dollar, its lowest since November 2016, while the Russian stock market index RTS dropped 3.2 percent and the MOEX almost 1.2 percent, before rebounding slightly.

by | August 09, 2018 | 04:37

Additionally, an executive from China's Dongming Petrochemical Group said at the time that he expected Beijing to soon impose the tariff on US oil imports. In the meantime, it sought public comment on the new items. Gary Hufbauer, a senior fellow and trade expert at the Peterson Institute for International Economics in Washington , said he expected that there would be little to stop further escalation of the U.S.

by | August 09, 2018 | 04:11

Snap in first-quarter results said it would again adjust how it presents content. Snap only brought in $2 million in non-advertising revenue. The period that ended in June was the first full quarter in which all users shifted to a new version of Snapchat that separates content from a user's friends and content from public figures.

by | August 09, 2018 | 04:00

App-based ride services account for 80,000 vehicles in New York City, and provide 17 million rides per month, according to a study by The New School for the TLC. The legislation passed today also requires ride-sharing companies to have a minimum pay rate for drivers. At the same time, the value of the medallions that are required to operate a yellow cab has plunged from more than $1million to $200,000 or less, forcing many medallion owners into bankruptcy.

by | August 09, 2018 | 03:30

USA investment bank Jefferies said in a note that "the Saudi and Russian production surges appear to be more limited" than expected, adding that the imminent reinstatement of US sanctions against Iran also fed bullish sentiment . China is slapping additional tariffs of 25 percent on $16 billion worth of US imports, from fuel and steel products to autos and medical equipment.

by | August 08, 2018 | 21:53

Musk's money-losing and cash-burning company is an unlikely candidate for debt investors to be willing to help go private. Elon Musk disrupted multiple industries on Tuesday when the Tesla CEO [NYSE: TSLA] took to Twitter to float the idea of taking the Silicon Valley automaker private .

by | August 08, 2018 | 20:26

Ford spoke at a brewery in Picton, Ont., on Tuesday morning, boasting that he is now fulfilling his campaign promise to bring back "buck-a-beer". The province previously had buck-a-beer, but that was changed by the former Liberal government in 2008.

by | August 08, 2018 | 12:55

In July, Washington fired the first salvo in the escalating trade war with Beijing by introducing 25 percent tariffs on Chinese imports worth $34 billion. The Commerce Department said on Friday the trade gap surged 7.3 per cent to $46.3 billion. Gao added that China's tariff move remains very restrained, which signals that the nation has always opened its door to negotiations with the USA under the framework of the World Trade Organization, while reserving the right to deploy ...

by | August 08, 2018 | 06:30

Tesla's CEO also laid out what he envisions as the ideal path for going private. Tesla shareholder Quint Tatro, managing director of Joule Financial, praised the idea as "brilliant", adding that "Musk is exhausted of dealing with all the challenges of being 'public'".

by | August 07, 2018 | 22:54

Analysts have set a target price on shares of Tesla, Inc . (NASDAQ: TSLA ) for 431 shares. Nikko Asset Management Americas accumulated 234 shares. Intraday Trading of the Tesla, Inc .: Tesla, Inc . The amount gives a shareholder an idea of the price action of security and whether he should buy or sell the security. UBS maintained Tesla, Inc . Finally, Oppenheimer reiterated a "neutral" rating on shares of Tesla in a research note on Thursday, June 21st.

by | August 07, 2018 | 21:55

The cleaning crew immediately contacted their manager, who in turn contacted law enforcement, Franco said. American Airlines referred all questions to law enforcement, telling NBC New York , "We have no major impact to our operation this morning while we are working with law enforcement on an investigation".

by | August 07, 2018 | 21:42

Tesla's shares were up 6.5pc at $363.46. " Funding secured ", Musk said. Shortly after, Mr Musk responded to replies to his tweet , asking if he would remain in control of the company. But it was not clear how seriously to take the post, given Mr Musk's history on the social media service. Tesla shares were last up 7.4 per cent at US$367.25.

by | August 07, 2018 | 05:32

Facebook is now discussing partnership ideas with firms like Citigroup Inc., Wells Fargo , and JPMorgan Chase , but the Cambridge Analytica incident has reportedly caused at least "one large USA bank" to pull out of the talks. ( JPM ), Wells Fargo & Co. "We haven't shared any customer information or data to Facebook or any other technology platform", said Dana Ripley, chief communications officer at US Bancorp, in an email statement.

by | August 06, 2018 | 22:10

France was arrested, held overnight and released after he was arraigned on Monday morning, police said. "Mr. France was observed operating a 2017 Lexus northbound on Main Street failing to stop at a duly posted stop sign", the news release says.

by | August 06, 2018 | 17:41

However, Nooyi will remain Chairman until early 2019 to ensure a smooth and seamless transition. The board of directors elected Ramon Laguarta , who has been with the company for 22 years, to succeed Nooyi as CEO. He also served as CEO of the company's Europe Sub-Saharan Africa division before becoming president. While many congratulated Nooyi on successfully leading the company for several years, others expressed sorrow over the decision.

by | August 06, 2018 | 15:44

Jeep parent company Fiat Chrysler is seeking to block India's Mahindra from selling the ROXOR 4x4 in the U.S., Bloomberg reports, arguing that the vehicle looks too much like its own Jeep Wrangler . Unlike side-by-side competitors such as the Polaris RZR ATV and Kawasaki Mule Pro, the Mahindra Roxor does not come with smaller twin-cylinder engines and belt-drive.

by | August 06, 2018 | 02:35

The total number of laboratory-confirmed illnesses from this outbreak is now 395, according to a statement from the US Food and Drug Administration. McDonald's has voluntarily stopped selling salads at impacted restaurants in Illinois, Iowa, Indiana, Wisconsin, Michigan, Ohio, Minnesota, Nebraska, South Dakota, Montana, North Dakota, Kentucky, West Virginia and Missouri, according to the FDA .

by | August 06, 2018 | 00:53

In a separate tweet, Trump previewed his message for the Columbus-area rally saying that while Balderson "is strong" on issues like crime and immigration, "his opponent is a puppet of Nancy Pelosi/high taxes". The attack on James, who has been critical of Trump, came just as the National Basketball Association superstar opened up a school for underprivileged children.

by | August 06, 2018 | 00:19

The June deficit of C$626 million ($482 million) - the lowest since the C$485 shortfall recorded in January 2017 - was far smaller than the C$2.30 billion predicted by analysts in a Reuters poll. Canada's largest trading partner, the United States, was the destination for a record $37.1 billion of exports, up 2.5 per cent - mainly because of passenger cars and light trucks.

by | August 05, 2018 | 22:55

Output by Saudi Arabia has also risen recently to around 11 million bpd, according to Reuters . Brent crude , the global benchmark, shed 2.2 per cent to $72. global benchmarks, to a premium of approximately $13.50/Bbl", he added. There were some bullish elements in the report, notably gasoline stocks declining by 2.5 million barrels.

by | August 05, 2018 | 22:43

Its shares fell further on Thursday and were down 3.6 percent at 13.02 euros by 1525 GMT, their lowest level since November 2016 and 8 percent below the level hit in December when Ryanair shocked the markets by recognising unions. In a statement, the SEPLA pilots' union said it filed the lawsuit at Spain's top-level National Court after a year of negotiations with Ryanair to employ its members under Spanish rather than Irish legislation failed to bear fruit.

by | August 05, 2018 | 18:24

US employers slowed their hiring in July, adding 157,000 jobs, a solid gain but below the healthy pace they maintained in the first half of this year. The Federal Reserve is on track to raise interest rates two more times this year and several times next year. In a statement on Wednesday, the Federal Reserve described a healthy picture of the USA economy.

by | August 05, 2018 | 16:39

The arrival of the ATR72-600 airplanes at Tehran's Mehrabad International Airport represented perhaps the last benefits Iran will see under the nuclear deal after President Donald Trump withdrew from it in May. Iran is also said to have started to offer India cargo insurance and tankers operated by Iranian companies as some Indian insurers have refused to cover oil cargoes from Iran in the face of the returning US sanctions on Tehran .

by | August 05, 2018 | 14:13

A record 67 departments were on orange heatwave alert for Sunday - a number also reached on June 21 - with only the northwest set to be spared another baking day. The Scandinavian country has over the past weeks had dozens of wildfires, mostly in central, western and northern Sweden , and foreign firefighters helped their Swedish colleagues.

by | August 05, 2018 | 08:26

McGregor, who once held two titles in the UFC , led a band of associates into Barclays Center in Brooklyn in April and vandalized a bus occupied by Nurmagomedov and other UFC fighters. "It's time to roll", Diaz said following his own two-year absence. If there was any doubt that he would return to the UFC , that doubt is now gone.

by | August 04, 2018 | 14:14

Oil giant PetroChina briefly topped a trillion dollar valuation in 2007 when its stock began trading in Shanghai, but shares quickly plunged afterward. While Apple is without any doubts ahead of other US-based high-tech companies in terms of market cap, it is not the world's most expensive firm per se.

by | August 04, 2018 | 12:45

It would also give Congress more oversight of the process. The first wave of 25 percent tariffs on $34 billion of Chinese goods took effect last month, prompting immediate in-kind retaliation from China , and the next round on $16 billion could be implemented by the U.S.in the coming days or weeks.

by | August 04, 2018 | 05:48

The Ministry said it would impose tariffs ranging from five to 25 per cent on Dollars 60 million worth of American products. And U.S. pork and recycled aluminum was hit with a 25 percent tariff. The move was meant to bring China back to the negotiating table for talks over U.S. demands for structural changes to the Chinese economy and a cut in the bilateral trade deficit.

by | August 04, 2018 | 00:45

US sanctions imposed on Turkey over the trial of an American pastor accused of backing terrorism are unacceptable and will have limited impact on the Turkish economy, Treasury and Finance Minister Berat Albayrak said on Thursday. Turkish Foreign Minister Mevlut Cavusoglu was quoted by media Friday as saying that Ankara was preparing to respond to Washington in equal measures.