Money

by | November 02, 2018 | 07:53

The U.S. Commerce Department is restricting American firms from exporting parts to a Chinese DRAM producer that develops semiconductors . The company also stands accused of stealing proprietary information from a U.S. The first was ZTE after the company was caught exporting products to Iran and North Korea. Fujian Jinhua and Taiwanese partner United Microelectronics Corp.

by | November 01, 2018 | 20:15

Further, a recent survey reported by Reuters shows that 85 percent of US businesses surveyed say they have suffered from the trade war's tariffs, and almost half of the companies reported increases in non-tariff barriers, as well. Firm U.S. economic data and a strongly worded statement from a China Politburo meeting chaired by President Xi Jinping signaling increased urgency for more measures to combat the slowing economy helped buoy sentiment toward risk assets.

by | November 01, 2018 | 19:47

Brent crude oil futures were down 8 cents, to $77.54/Bbl at 1:38 p.m. ET, dropping roughly 6.3% this month, and threatening to post the worst decline also since July 2016. " Saudi Arabia's production has reached 10.7 million barrels per day this month and we could increase production to 12 million barrels per day". But a devalued currency leads to many other economic problems and popular anger.

by | November 01, 2018 | 17:42

They could put solar panels on enough vehicles to raise fuel economy figures without having to make dramatic changes to engines or the overall designs. The third generation of the technology will see the introduction of a lightweight solar roof for battery electric vehicles . Now this isn't the first time that solar panels have made it to the roof.

by | November 01, 2018 | 07:40

Also attributed to the improvement is the ease in accessing credit a section that advanced to a global rank of eight from 29 previous year. The World Bank released its latest Doing Business Report (DBR, 2019) today in New Delhi . "Doing Business provides a road map that different governments can use to increase business confidence, innovation, and growth and reduce corruption".

by | November 01, 2018 | 07:27

Philip Hammond has announced plans to spend £28.8bn on the United Kingdom road network, as part of his final budget before Britain leaves the European Union. But as the official watchdog, the Office for Budget Responsibility, put it: "The Budget spends the fiscal windfall rather than saving it". He told Today: "We retain an ambition to balance the budget".

by | October 31, 2018 | 09:44

India's finance minister Arun Jaitley criticised the Reserve Bank of India (RBI) for failing to prevent lending excess in a speech on Tuesday. According to the RBI, if repayment is delayed by even one day, the account should be seen as stressed and the banks would be required to initiate resolution.

by | October 29, 2018 | 11:28

Personal consumption grew by 4% during the third quarter , better than the 3.3% pace expected by economists and faster than the 3.8% pace of consumption seen during the second quarter. Joseph LaVorgna, chief economist for the Americas at Natixis :"Nonresidential fixed investment, which covers a panoply of firm-wide expenditures, increased less than 1 percent last quarter".

by | October 29, 2018 | 10:00

It killed 25 of the 163 people on board, the Flight Safety Foundation's Aviation Safety Network says. In this photo released by Indonesian Disaster Mitigation Agency (BNPB) a rescuer inspects debris believed to be from Lion Air passenger jet that crashed off West Java on Monday, Oct.

by | October 29, 2018 | 06:57

Buying Red Hat to give it management tools across multiple IaaS clouds, and probably an easier route to market for its software delivered as SaaS, therefore means a chance to turn IaaS weakness towards IBM's strengths. With this acquisition, Rometty said IBM will "remain committed" to Red Hat's open governance, open source contributions, participation in the open source community and development model, while also "fostering" its widespread developer ecosystem.

by | October 28, 2018 | 20:48

Next day, he told that the country is trying to increase their oil production to cater the USA as the U.S. sanctions narrows the crude exports of Iran . "The market has to wake up to the fact that Iranian sanctions are happening November 4". Halting oil Iranian imports means that China's many refiners will have to seek alternative supplies.

by | October 28, 2018 | 19:44

For now, however, the main focus in the oil market remains on U.S. sanctions and the impact they are having on Iran's oil exports. Fuel oil supply from Iran is expected to decline to below 1 million mt in October from the usual 1.2 million-1.4 million mt a month, ahead of the U.S.

by | October 28, 2018 | 06:18

Other domestic brand rankings included: Ford Motor Co's Ford and Lincoln brands at No. 18 and 20; GM's Buick, Chevrolet and GMC brands at No. 19, 23 and 25; and Fiat Chrysler Automobiles' Dodge, Jeep, Chrysler and Ram brands at No.

by | October 28, 2018 | 02:42

The pool won US$1 million (AUD$1.4m). Livingston's niece, Bobbie Mickle, told the station that at first she didn't believe him. "And then the staff came into the room and they were saying congratulations". "I still feel the same way", she said when she picked up her big check. "They'd been telling me all week to check it". Only days ago, the scramble to buy tickets was highlighting some basic aspects of human nature: Money isn't only about wealth, and people don't understand probability.

by | October 27, 2018 | 19:38

The news comes as Tesla gets ready to report the first profitable quarter in two years . "I am incredibly excited about what lies ahead", Musk said in an earnings call with analysts. The vast majority of cars traded in by Model 3 buyers are non-premium models priced new at less than $35,000. "Due to the ingenuity and incredible hard work of our team combined with an innovative vehicle design and manufacturing strategy, we have achieved total auto gross margin of ~25%".

by | October 27, 2018 | 16:59

China produced around two new billionaires a week previous year as the fortunes of the world´s ultra-rich soared by a record amount, a report said Friday. peers in under three years. The report said the Americas region was still home to the largest concentration of billionaire wealth, but wealth creation was slowing.

by | October 27, 2018 | 09:01

Twitter soared 15.7 percent to $31.87 and electric vehicle maker Tesla jumped 8.7 percent to $313.62 after releasing their quarterly reports, while video game maker Take-Two vaulted 9.1 percent to $121.05 after strong reviews for its latest game, " Red Dead Redemption 2 ".

by | October 27, 2018 | 04:19

Wednesday was not the first time the US president has hit out at the Federal Reserve and its monetary policy since the appointment of Jerome Powell to the helm back February. "I'm on my third Federal Reserve chair". U.S. firms nationwide complain trade disputes with China and others are boosting the prices of key inputs, while they continue to face widespread labor shortages, the Federal Reserve said Wednesday.

by | October 27, 2018 | 03:02

The VW T-Cross had its world premiere in Amsterdam, Shanghai and São Paulo yesterday. Based on the same MQB-A0 platform as the new-gen Polo , the T-Cross is 4.2m long, 1.76m in width and 1.56m in height. The new T-Cross will be launched in Europe by mid-April next year. Connectivity-wise, the T-Cross offers the latest infotainment systems from VW, inductive smartphone charging, and up to four USB ports.

by | October 26, 2018 | 21:07

Hariri, a dual Saudi citizen, has thrown his support behind Prince Mohammedas he faces global outrage over the murder of Saudi journalist and government critic Jamal Khashoggi at the kingdom's consulate in Istanbul . The US president told the WSJ that he repeatedly questioned Prince Mohammed about Khashoggi's death " in a couple of different ways " and the prince told him he did not " know anything about it in terms of the initial planning ".

by | October 26, 2018 | 20:15

A winning ticket for the estimated $1.6 billion was sold in SC, according to lottery officials. Lottery officials on Wednesday said the winning ticket was sold in SC. The winners of the $10,000 prizes should visit a Lottery claim center to collect their prize. It matched all five white balls: 05-28-62-65-70. The victor will take home a whopping $1.6bn (£1.2bn) in the Mega Millions draw.

by | October 26, 2018 | 20:18

The biggest lottery prize in years may have proved elusive in Arizona, but someone who bought a Mega Millions ticket in a Phoenix suburb has won $1 million. There has not been a Mega Millions ticket sold with "all six numbers" matching the drawing since July 24, allowing the jackpot to roll over for 13 consecutive weeks and the prize to swell.

by | October 26, 2018 | 18:07

A New York Times report revealed Thursday that Google has given generous severance packages to executives who have been credibly accused of sexual misconduct , while also keeping the circumstances behind their exits quiet. A Google investigation found the woman's complaint credible, the Times reported . When Rubin quit, it was made to sound like he was moving to the next venture.

by | October 26, 2018 | 16:24

Its overall subscription revenue , which comes not just from Prime, but also from Audible.com, Amazon Music, and other services, grew 52% from the third quarter previous year to $3.7 billion. That purchase happened in the middle of the third quarter last year, which meant that Amazon included only about a month's worth of Whole Foods' revenue in its third-quarter results last year, versus a whole quarter's worth this time around.

by | October 26, 2018 | 07:28

The seemingly clumsy cover-up of the killing has been exposed to the world with Turkish leaks of information, security camera footage and, eventually, Saudi acknowledgements that Khashoggi died in the consulate. A forensics team was first allowed into the consulate building on October 15, two weeks after Khashoggi was killed. While many in the Western political establishment have expressed shock that Saudi Arabia would target one of its journalists, the prospect of imposing economic ...

by | October 26, 2018 | 04:39

In the absence of high-profile figures, $50bn of deals were signed, although most were with companies from Saudi Arabia's regional allies, as well as the French oil firm Total, one of the few western companies that refused to withdraw. The Saudi royal family has denied involvement, instead scapegoating a number of Saudi agents who they say are responsible for the murder. Addressing the conference on live television, the crown prince called the murder "a heinous crime that can not be ...

by | October 26, 2018 | 02:35

Many countries responded to the version of a brawl involving Khashoggi with skepticism and demands for transparency. Describing the call, a Downing Street spokesman said Mrs May had urged King Salman to "reiterate the UK's grave concerns" about the murder.

by | October 26, 2018 | 00:08

She's not even a stray dog. "She's just a gold diggin a** b*tch that be acting like she's a stray so people will feel bad for her & feed her burgers", she wrote. Reyes even posted photographic evidence of the ruse by her sneaky dog sitting by a line of waiting cars at the local fast food joint. In one video, a woman in her vehicle appears to throw Princess some food from the window.

by | October 25, 2018 | 23:19

Triple Breakfast Stacks are available for a limited time beginning on November 1. The company's website doesn't yet list a calorie count for the three new sandwiches. This week, looking once again to drive in diners, McDonald's is hoping breakfast can help save the day - this time by tapping into customers' love of " secret menu " items and "menu hacks".

by | October 25, 2018 | 20:46

Saudi Arabia claims Mr Khashoggi was killed in a "rogue operation" following a fist fight have been widely met with scepticism. This is a developing story . "Those behind this crime will be held accountable.in the end justice will prevail". While Mr Erdogan stopped short of making direct accusations, his speech adds to pressure on Riyadh , which has been facing a wave of global scepticism since claiming over the weekend that Crown Prince Mohammed was not involved in the killing.

by | October 25, 2018 | 18:16

As for the Surface, given the big new product rollout happening in the current quarter, we figure that revenues should be up in a big way next time the company reports its financials. "Microsoft just delivered an eye-popping cloud beat and a performance that speaks to a secular cloud story which is still in the early innings of playing out", Wedbush analysts said in a note.

by | October 25, 2018 | 16:59

This is a developing story . According to the private broadcaster NTV, a fire brigade had been called to inspect for methane gas, which can be flammable, in the well before the police search. While addressing the forum on Wednesday, the crown prince also adopted a light tone and joked about allegations that Lebanon's premier-designate Hariri was detained in the kingdom a year ago, saying he hoped his current visit does not spark "abduction" rumours.

by | October 25, 2018 | 16:55

She reiterated that she would not accept the EU's so-called "backstop" of Northern Ireland remaining in the EU customs union if the rest of the United Kingdom left. "She is fast running out of road", he added. A British Union flag is held aloft bearing slogans including "Democracy", "Rule of Law", "Liberty", "Tolerance" and "Fish "n" Chips", during the People's Vote March, in London, Saturday Oct.

by | October 25, 2018 | 10:02

USA stocks plunged again on Wednesday, confirming a correction for the Nasdaq and erasing the Dow and the S&P 500's gains for the year, as disappointing forecasts from chipmakers and weak home sales data fueled jitters about economic and profit growth.

by | October 25, 2018 | 02:28

A single ticket sold in SC matched all numbers in the historic drawing to make the lucky holder of the ticket rich beyond belief. Despite the tough odds, they're actually a little better than the odds of winning the Mega Millions jackpot.