Economy

Asia shares sink after Wall Street sell-off

Asia shares sink after Wall Street sell-off The Dow plunged 799.36 points, or 3.1 percent, to 25,027.07, more than erasing its 488-point gain over the previous two trading days. Stocks took a tumble Tuesday as the Dow Jones Industrial Average fell almost 800 points amid renewed fears regarding the U.S. [Full Article...]

George H.W. Bush’s funeral and memorial services plan

George H.W. Bush’s funeral and memorial services plan To honor the former president, the worldwide nonprofit Points of Light, founded by Bush, invited the public to celebrate Bush by giving a day of service in his memory. The White House said a state funeral would be held on Wednesday at the National Cathedral in Washington, DC. Later Thursday morning, a funeral service is scheduled to be held at the church, the news release said. [Full Article...]

Latter-day Saint leaders express gratitude for George H.W. Bush

Latter-day Saint leaders express gratitude for George H.W. Bush Mattis also said that Bush's example "will long guide our Sailors, Soldiers, Airmen and Marines for how to live life without regret". He was the 41st President of the united States. Trump's words of admiration for George H.W. Bush cap more than three years of hostility between the current president and the Bush family. But he made clear what he thought of Trump. [Full Article...]

German yield spread tightest since 2017 as USA curve flattens

German yield spread tightest since 2017 as USA curve flattens Stuart Canning, research analyst at M&G Investments, has said the temporary yield curve inversion which saw three-year Treasury yields lower than two-year notes is a signal that interest rates in the United States may need to come down in the near-term. [Full Article...]

Fiat Panda, Jeep Wrangler off the pace in latest safety-crash ratings

Fiat Panda, Jeep Wrangler off the pace in latest safety-crash ratings While the 0 Star Car is still a sad reality in India as we have seen recently with the Renault Lodgy , Europe more often than not has cars that scores a higher 4 or 5 star safety rating across the board. An FCA source has confirmed that the 2019-specification JL Wrangler will be sold locally with AEB when it hits showroom floors in March next year. [Full Article...]

FTSE latest: London share prices PLUMMET amid US-China trade war fears

FTSE latest: London share prices PLUMMET amid US-China trade war fears Donald Trump's top economic adviser said the White House doesn't yet have a deal with China to reduce tariffs on USA -made cars, backtracking from a tweet by the president just two days earlier. "President Xi and I want this deal to happen, and it probably will", Trump wrote on Twitter. In a commerce ministry statement , Chinese officials called the talks between the two leaders a "great s... [Full Article...]

UK PM insists her deal delivers referendum results

UK PM insists her deal delivers referendum results British lawmakers who favour leaving the European Union say the Prime Minister's deal keeps Britain bound too closely to the bloc while those who want to maintain close ties argue that it creates barriers between the United Kingdom and its biggest trading partner. [Full Article...]

Canada's Trudeau insists arrest of Huawei CFO not 'political'

Canada's Trudeau insists arrest of Huawei CFO not 'political' Meng is scheduled to appear in court on Friday for a bail hearing. Meng was arrested in connection with alleged violations of Iran sanctions, an issue that had previously become entangled in US-China trade talks when the Trump administration slapped harsh penalties on Chinese telecoms giant ZTE. [Full Article...]

Markets slump after arrest of the Huawei executive Meng Wanzhou

Markets slump after arrest of the Huawei executive Meng Wanzhou Details of the arrest have not been released, but the USA has applied to extradite CFO Meng Wanzhou from Vancouver, with a bail hearing set for tomorrow. He has since been proved right with revenue projected to hit 655.9 billion yuan (US$102.2 billion) this year, a jump of 9.3% compared to 2017. President Donald Trump restored access after ZTE agreed to pay a $1 billion fine, replace its execu... [Full Article...]

Oil prices ease in cautious trading ahead of OPEC meeting

Oil prices ease in cautious trading ahead of OPEC meeting The move would mean reducing production by more than 1 million bpd. Bank of America Merrill Lynch said in its 2019 economic outlook, published on Tuesday, that "most major economies are likely to see decelerating activity", although it added that "a steady stream of monetary and fiscal stimulus measures" was expected to stem the slowdown. [Full Article...]

Oil production cuts could mean a positive return locally

Oil production cuts could mean a positive return locally Western Canada Select (WCS) has plunged below $15 per barrel, representing a discount to WTI that has hovered at around $40 per barrel. About 25 Alberta producers are expected to be impacted by the cuts until the 35 million barrels of oil now in storage are shipped out of the province. [Full Article...]

Huawei CFO arrested for violating USA sanctions on Iran: Canadian media

Huawei CFO arrested for violating USA sanctions on Iran: Canadian media We'll update you as this story continues. Meng "was arrested in Vancouver on December 1", a statement by Canada's ministry of justice said. Earlier this year, Reuters news agency reported that US prosecutors in NY were investigating whether Huawei violated American sanctions against Iran by shipping American-origin products to Iran in violation of USA export and sanctions laws. [Full Article...]

Huawei chief financial officer arrested in Canada

Huawei chief financial officer arrested in Canada We'll update you as this story continues. Meng Wanzhou's detention comes after American authorities reportedly launched an investigation into suspected Iran sanctions by Huawei , which was already under scrutiny by USA intelligence officials, who deemed the company a national security threat. [Full Article...]

Asia markets rise after U.S. and China agree to trade truce

Asia markets rise after U.S. and China agree to trade truce Asian markets rallied after news of the trade war truce. However, while the agreement provides breathing room for the US and China - and the global trading system as a whole - a final resolution to the US-China trade war remains far from certain. [Full Article...]

Thousands Sign Petition to End ‘Forced Hugging’ at Fashion Chain Ted Baker

Thousands Sign Petition to End ‘Forced Hugging’ at Fashion Chain Ted Baker There was also a petition launched by an employee who said, "It is part of a culture that leaves harassment unchallenged". Founder and CEO of Ted Baker, Ray Kelvin, is known for avoiding publicity and often poses for photos with an object in front of his face. [Full Article...]

More beef products in IL added to Salmonella recall

More beef products in IL added to Salmonella recall Those at most risk for severe illness include people with weakened immune systems, babies and elderly individuals. Salmonella causes cramps, diarrhea, abdominal cramps, and fever. Consumers who have purchased these products are urged not to consume them. FSIS is concerned that some product may be frozen and in consumers' freezers. [Full Article...]

China stays silent as Trump talks up trade truce

China stays silent as Trump talks up trade truce After the meeting, Washington agreed to hold off on Trump's threat to raise tariffs on $200 billion in Chinese imports to 25 percent beginning January 1, leaving them at the current 10 percent rate. "China will agree to purchase a not yet agreed upon, but very substantial , amount of agricultural, energy, industrial and other product from the United States to reduce the trade imbalance between ... [Full Article...]

Qualcomm isn't going ahead with its NXP acquisition despite possible China nod

Qualcomm isn't going ahead with its NXP acquisition despite possible China nod In July, Qualcomm , which is based in California, confirmed that the company is terminating its proposed takeover of its rival NXP which is based in The Netherlands. Qualcomm even paid a $2 billion penalty in July for breaking off the merger. After the meeting, Trump said they had reached an "incredible deal". [Full Article...]

Up to 100 million Quora accounts affected by data breach

Up to 100 million Quora accounts affected by data breach Compromised information includes hashed passwords , user names, email addressed, questions and answers, as well as data imported from linked networks. Presumably, Quora power users are included in this breach, and there have certainly been a few celebrities who've used the platform over the years, like the 44th president of the United States . [Full Article...]

Trump will terminate NAFTA to press Dems into approving new trade deal

Trump will terminate NAFTA to press Dems into approving new trade deal Speaking to reporters aboard Air Force One while returning to Washington from Argentina, Trump said: "I will be formally terminating Nafta shortly". "I want to see how many Democratic votes come on board for this". The US International Trade Commission is now conducting an investigation into the likely impacts of USMCA. [Full Article...]


« Previous 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91  Next »