Stocks, emerging market currencies rise on planned U.S.-China trade talks

18 Aug, 2018

U.S. Treasury Secretary Steven Mnuchin assured President Donald Trump at a cabinet meeting that sanctions were ready to be put in place unless Brunson was freed. For years Turkish firms have borrowed in dollars and lira to take advantage of lower interest rates. But according to Middle East Eye , Turkish diplomats said they could release Brunson anyway, subject to further concessions from the USA which could soothe diplomatic tensions and helping alleviate the diplomatic and ...

China, US to Resume Trade Talks This Month

17 Aug, 2018

There also remains a wide gap between the two sides over Washington's demands that Beijing improve market access and intellectual property protections for USA companies, and slash a $375 billion trade deficit with China. Earlier this month, China announced a list of $60 billion worth of US imports it plans to apply tariffs on, after Trump ordered officials to consider imposing a 25 percent tax on $200 billion worth of Chinese goods, up from an initial 10 percent rate.

Indian Rupee hits fresh record low of 69.61 per United States dollars

15 Aug, 2018

The rupee, he said, is still better compared to other currencies. There is "nothing at this stage to worry". It, however, recovered from the all-time low. Research Analyst at Anand Rathi Shares and Stock Brokers, Rushabh Maru said the rupee extended losses today on account of panic demand from importers.

Doubts grow over Elon Musk’s master plan to take Tesla private

09 Aug, 2018

It remained unclear who would fund the take-private deal. FILE PHOTO: Elon Musk, founder, CEO and lead designer at SpaceX and co-founder of Tesla, speaks at the International Space Station Research and Development Conference in Washington, U.S., July 19, 2017.

China threatens new tariffs on $60bn worth of USA goods

04 Aug, 2018

White House chief economic adviser Larry Kudlow warned China not to underestimate President Donald Trump . He said the Chinese economy was not strong enough to withstand a lengthy fight. But White House officials said formal talks between the countries have mostly lapsed as the economic restrictions have hardened. Beijing accused the United States of starting a trade war.

Amazon's quarterly profit tops $2 billion for first time

30 Jul, 2018

Olsavsky said Amazon's global advertising business is also growing at the "same rapid clip year-over-year". Looking ahead, Credit Suisse sees huge potential upside for Amazon in several newer verticals the company has doubled-down on in more recent years.

Charter Might Be Kicked out of NY

30 Jul, 2018

Unless overturned, this action will mean that Charter will no longer be permitted to operate in the state of NY. With its decision, the PSC determined "Charter failed to deliver the benefits to New Yorkers that were at the core of the merger approval".

Trump to Give Farmers Aid, but Farmers Aren't Thrilled

25 Jul, 2018

Several senators said the Trump administration's tariffs targeting China, Canada, and Europe are harming farmers, and they want to see trade agreements like NAFTA finalized. Stephen Kirchner, from the University of Sydney's United States Studies Centre said that the $14 billion soybean industry is one of the hardest hit USA agricultural exports, after China slapped a 25 per cent tariff on all oilseeds.

Farmers have mixed reactions to Trump's farm aid

25 Jul, 2018

Wisconsin Republican Sen. Ron Johnson said the unexpected move to manipulate trade through targeted subsidies 'is becoming more and more like a Soviet-type of economy'. Earlier this month, 25 percent tariffs on $34 billion of Chinese imports of machinery and electronics went into effect, prompting Beijing to respond with tit-for-tat tariffs on American exports of soybeans and other products.

‘Lahu ka lagaan’ ends: Sanitary products made tax free

23 Jul, 2018

GST exemption for sanitary napkins means that the input tax credit would now not be available to the manufacturer. Among several items on which GST was reduced include footwear, small televisions, water heater, electric ironing machines, refrigerators, lithium-ion batteries, hair dryers, vacuum cleaners, food appliances and ethanol.

Microsoft breaks $100bn in revenue

21 Jul, 2018

Microsoft now has three reporting segments: Productivity and Business Processes (covering Office , Exchange, SharePoint, Skype, and Dynamics), Intelligent Cloud (including Azure, Windows Server, SQL Server, Visual Studio, and Enterprise Services), and More Personal Computing (covering Windows, hardware, and Xbox , as well as search and advertising).

Trump threatens to hit all $505bn of Chinese imports with tariffs

21 Jul, 2018

Two more rate hikes are still expected this year; Trump's massive tax breaks have raised fears that they could accelerate inflation. Treasury yields edged lower on Thursday after President Trump said he disagreed with Fed policy on interest rates and objected to a strong dollar.

Iran to only trade with countries that import its oil

09 Jul, 2018

In a letter to United Arab Emirates Energy Minister and OPEC President Suhail Mohamed al-Mazrouei, Iran's Oil Minister Bijan Zanganeh said: " OPEC decisions by no means warrant any action by some of its member countries in pursuit of the call for production increase by U.S., politically motivated against Iran ".

EU warns US of boomerang effect if US imposes car levy

03 Jul, 2018

The European Commission, the EU executive that handles trade for the bloc, said on Monday it was trying to convince its USA counterparts that imposing such tariffs would be a mistake. The U.S. has complained about Chinese policies that Washington said either forced companies to relinquish key technology or allowed China to steal it outright.

Mattis arrives in China; NKorea to be key topic of meetings

28 Jun, 2018

The Wall Street Journal then reported Trump would soon block more tech exports to China and prohibit Chinese companies from investing in US technology. His successor, Larry Kudlow, is a self-proclaimed "free-trader", and is recovering from a heart attack. The last time a USA aircraft carrier transited the Taiwan Strait was in 2007, during the administration of George W.

OPEC meets Russian Federation and allies to agree oil output boost

25 Jun, 2018

Saudi Arabia said the move would translate into a nominal output rise of around 1 million barrels per day (bpd), or 1 percent of global supply, for OPEC and non-OPEC producers. Iran doesn't believe its customers will get waivers from the United States government that would allow them to continue crude purchases, Oil Minister Bijan Namdar Zanganeh said in a Bloomberg television interview on Friday.

Saudis take oil consumers' side as OPEC nears pivotal talks

24 Jun, 2018

In an historic agreement in late 2016 the OPEC + group of 24 nations chose to cut 1.8 million barrels of production to revive the oil market from its biggest slump in a generation. Zanganeh highlighted that Iran opposes any increase of oil production since the issue was not on the agenda of OPEC meeting. Opec sources said the final compromise also depended on whether Opec agreed to mention U.S.

Asian markets down as trade war heats up

22 Jun, 2018

Mr Trump said after the legal process is complete, these tariffs worth $200 billion will go into effect if China refuses to change its practices. Trump today announced tariffs of 25 percent targeting Dollars 50 billion (43 billion euros) in Chinese imports from "industrially significant" technologies, making good on a pledge to punish the alleged theft of American intellectual property.

White House: New tariffs on China a 'purely defensive' move

21 Jun, 2018

The Dow Industrials and S&P 500 fell more than a percent, but the losses in Asia were more severe. The US market saw a significant plunge in investment from China in the first five months of the year amid a growing trade row between the world's two largest economies.

Former NBA star Dennis Rodman arrives for Trump-Kim summit

12 Jun, 2018

Bringing the Korean War to a formal end 65 years after hostilities ceased will also be on the table at the first-ever summit between a North Korean leader and a sitting US president of its "imperialist enemy". "If diplomacy doesn't move in the right direction, sanctions will increase", Secretary of State Mike Pompeo says. Later, Pompeo shared a picture of Trump speaking with the staff of the U.S.

United States imposes steel, aluminum tariffs on EU, Canada, Mexico

31 May, 2018

Macron also proposed to start negotiations between the USA, the EU, China and Japan to reshape the World Trade Organization to better regulate trade. "We will consider whatever actions they do take but our focus is as mentioned on national security aspects of steel and aluminum", he said.

Service Dog Gives Birth to 8 Puppies at Florida Airport Gate

29 May, 2018

Both Eleanor Rigby and Golden Nugget are service dogs to Van Atter, who suffers from mobility and pain issues, an airport spokeswoman told the publication. Ellie and her owner were on the way to Philadelphia. but the puppies had other ideas. James added that they planned to go back to their home in Bradenton, Florida, with the dogs and the puppies and calm their nerves before deciding on a plan to drive to Philadelphia with the puppies.

China to reduce import tariffs to boost trade

26 May, 2018

There have been concerns the United States would impose a ZTE-like ban on China's largest mobile and telecommunications company, Huawei Technologies Co. Earlier this month, they proposed duties of up to $150 billion on Chinese goods if China did not cooperate to reduce our bilateral trade deficit. Mr.

Gap Makes Apology to China for Shirt That Omitted Taiwan

15 May, 2018

The photo of the Gap tee was snapped inside a store in Canada , and The People's Daily , the official newspaper of the Communist Party, tweeted a photo with the "correct" version of the map. "We sincerely apologize for this unintentional error", said the company, which issued the statement through its public relations firm APCO after making a similar apology late Monday on its Weibo account.

Trump laywer Michael Cohen, healthcare policy expert?

13 May, 2018

Trump's new lawyer, Rudy Giuliani , admitted to Fox News' Sean Hannity (who is also a client of Michael Cohen) that the president repaid the $130,000 to Cohen , which directly contradicted statements from both Trump and Sarah Huckabee Sanders .

Coca-Cola Hellenic Bottling (CCH) Announces Dividend Increase - €0.54 Per Share

10 May, 2018

It has underperformed by 37.53% the S&P500. More notable recent The Coca-Cola Company ( NYSE :KO) news were published by: which released: "Looks like Coca-Cola's M&A Strategy Is Paying Off" on April 24, 2018, also with their article: "Former Coca-Cola, ESPN marketing executive on making the shift to health care with Cambia" published on May 02, 2018, published: " The Coca-Cola Company ( NYSE :KO) Bullish Divergence" on May 03, 2018.

California will require solar power on nearly all new homes

10 May, 2018

The commission estimated solar panels could increase construction costs for a single-family home by about $10,000. State Sen. Scott Wiener pushed for the solar requirement while on the San Francisco Board of Supervisors, and also introduced a bill previous year that would have required all new commercial and residential buildings to have solar panels .

The biggest fan of McDonald's ate his 30000th number big Mac

07 May, 2018

And that in turn would work out to consuming 1.786 Big Macs every single day since the Nixon administration. This Big Mac fan has become a big deal. Among the other Big Mac-related facts he knows is the date that McDonald's switched from lettuce leaves to shredded lettuce - February 10, 1999. At Don's last checkup both his cholesterol and blood pressure were just fine.

Warren Buffett's Berkshire Hathaway Bought 75 Million Shares of Apple in Q1

05 May, 2018

USA stocks jumped more than 1 percent on Friday, helped by Apple and other technology shares and by data that showed weaker-than-expected and wage growth , while US oil prices hit their highest in more than three years. Buying Apple accomplishes that, even though Buffett would rather buy whole companies than their stocks. His Apple investment has performed better, but Buffett has also said he missed out on investing in Google and Inc.

Trump to meet with Southwest crew after fatal engine failure

02 May, 2018

Passengers Andrew Needum, a firefighter, and Tim McGinty, who works in farm and ranch real estate, rushed toward row 14 , working together to pull the passenger, Jennifer Riordan , back in from the broken window as the plane began to make an emergency landing in Philadelphia, witnesses said.

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