by | September 08, 2018 | 21:28

The large surplus has always been a sore point in relations and is at the centre of the increasingly bitter dispute between the world's two biggest economies . Trump said he was not prepared to make a deal with China "that they'd like to make". White House Economic advisor Larry Kudlow told CNBC that talks between the USA and China were ongoing.

by | September 08, 2018 | 16:23

But this may mark the start of a new assault from German automakers on an upstart rival: Tesla, with its current hold over the market for premium electric vehicles. "In this way we can continue to ensure both high efficiency and top quality with well-proven production processes". Despite the 80kWh battery pack contributing 650kg on its own to the vehicle's 2,425kg weight, it's said to be good for a driving range on a single charge of up to 280 miles or 450km.

by | September 08, 2018 | 14:05

It was another base-jump of a fall for the most-traded crypto - continuing a pattern that has seen stretches of low-volatility punctuated at seemingly random points by big spikes and dips. In December of past year, Goldman Sachs announced its plans to set up a cryptocurrency trading desk by 2018 and become the first Wall Street giant to get involved with the cryptocurrency-related trading activity.

by | September 08, 2018 | 10:44

China is promising to retaliate if the White House moves ahead with the new tariffs. "The $200bn we are talking about could take place very soon depending on what happens with them". But 2018 imports from China through July were up almost 9 percent over the same period of 2017, according to U.S. Census Bureau data. "An escalation of the tariff war could start to sever or disrupt supply chains, bringing about diminished production efficiency, higher costs and lost competitiveness - ...

by | September 07, 2018 | 17:11

Wilkins indicated the central bank may be forced to raise interest rates if talks to renegotiate the North American Free Trade Agreement fail, saying protectionist measures could spur inflation. Canadian Prime Minister Justin Trudeau on Tuesday indicated Canada would not bend on key demands at talks this week with the United States to update the North American Free Trade Agreement.

by | September 06, 2018 | 05:12

But Trump's attack on cheap Chinese imports, and his decision to impose trade tariffs on a wide range of Chinese goods entering the US, could damage China's economic growth and in turn lower its demand for oil . India is allowing state refiners to import Iranian oil on a cost, insurance and freight basis, switching to Iranian vessels after most Western insurers dropped Iran.

by | September 06, 2018 | 02:13

Jehv Maravilla and Christian Toledo spent a lot of time in McDonald's. Two McDonald's customers in Texas pulled off a viral prank when they made a decision to turn themselves into protagonists of an ad and hang it inside the fast-food restaurant they often eat at.

by | September 05, 2018 | 13:07

Pressley will be heavily favored in the 7th Congressional District, which covers parts of Boston and its heavily Democratic suburbs and that backed Hillary Clinton with 84 percent of its vote in the 2016 presidential race. Democratic congressional nominee Ayanna Pressley took a shot at President TrumpDonald John TrumpBrennan defends Kaepernick: He didn't kneel "to disrespect our flag" Trump warns Syria against attack on rebel stronghold: "Don't let that happen" Omarosa celebrates second ...

by | September 05, 2018 | 12:06

Amazon and Apple are both worth about US$1 trillion. Google's parent company Alphabet is still the third-largest by market capitalization, but it's not likely to break a trillion in the near future; its total valuation is now about $838 billion.

by | September 04, 2018 | 23:58 Inc on Tuesday joined Apple Inc to become the second $1 trillion (0.78 trillion pounds) publicly listed US company after its stock price more than doubled in a year as it grew rapidly in retail and cloud computing. "The difference between the two is that Amazon has room to grow within its two main businesses". Amazon has dominated US retail as more consumers shift away from brick and mortar stores and toward online retailers.

by | September 04, 2018 | 12:32

The price of petrol increased to a new all-time high of Rs 86.72 per litre in Mumbai on Tuesday, increasing 16 paise from the day before. The government has been under huge pressure to cut excise on fuel as the prices have breached the previous record high hit on May 29.

by | September 03, 2018 | 20:45

The U.S. and Mexico on Monday agreed on terms of their own, including changes to rules for carmakers, and Canada has rejoined face-to-face discussions to preserve NAFTA as a three-country deal after sitting more than a month on the sidelines.

by | September 03, 2018 | 19:30

China's growing clout in Africa is also drawing criticism that more African countries are getting caught in a Chinese debt trap. China has doubled its financial aid and investment pledges to Africa and promised to waive the debt of the continent's least-developed nations as Beijing seeks to extend its economic and political reach in the region.

by | September 02, 2018 | 03:40

The legislation will now proceed to the governor's desk for a signature in the coming weeks. California's state Senate late Friday said it tallied enough votes to pass the nation's toughest net neutrality law , advancing a fight with regulators who have been erasing those rules at the federal level.

by | September 01, 2018 | 22:46

According to analysts, continuous outflow of foreign funds, along with caution ahead of key macro-economic data, coupled with volatile global crude oil prices pulled the Indian rupee to a fresh low. Argentina, Indonesia most of the currencies are losing against the dollar. "In fact, the fall of the rupee against the dollar has been much lesser compared to most other currencies", SBI managing director PK Gupta said .

by | September 01, 2018 | 20:03

Much of the weight of the LEGO Chiron - it's about 1.5 tonnes - is resting on plastic, save for the actual-Chiron wheels and tires; and it's all driven by motors from the LEGO Power Function platform. The Lego Chiron, powered by a matrix of 2,304 Lego Technic motors, isn't quite that fast (theoretically estimated to put out 5.3 horsepower and nearly 68 pounds-feet of torque).

by | September 01, 2018 | 19:41

In terms of Gross Value Added (GVA), the economy grew at 8 per cent in April-June this year compared with 5.6 per cent in April-June 2017. Gross domestic product expanded by 8.2% in the three months to June , compared with a 5.5% rise in the same quarter a year ago, reinforcing India as one of the fastest growing economies.

by | September 01, 2018 | 19:18

The legal ability to formalize the deal without Canada has been called into question - U.S. Congress, not Trump , has jurisdiction over trade and would need to ratify the new deal, while Mexico is soon to have a new president. But Trump's trade representative, Robert Lighthizer, told reporters in Washington that the administration plans to push ahead with a U.S. -Mexico agreement, leaving Canada the option of joining in later.

by | September 01, 2018 | 12:24

He had this to say: "We rarely won a lawsuit except for past year". The highly controversial tariffs have been disputed even inside the White House, with former economic advisor Gary Cohn stepping down last spring over his condemnation of them.

by | September 01, 2018 | 05:00

Under the complex federal pay law, in that case such a message must be issued by the end of August to prevent a much larger raise from taking effect automatically should no decision be made by the end of the year. "The President and his party, which controls both houses of Congress, have had every chance over the last 18 months to get serious about tackling our fiscal challenges", Warner said in a statement .

by | September 01, 2018 | 04:27

Union Finance Secretary Hasmukh Adhia said: "The GDP growth rate of 8.2 per cent for the first quarter of 2018-19 indicates several structural reforms such as the GST have started giving rich dividends". "The services segments - trade, transport, finance, real estate, etc. - have registered lower growth rates compared to past year, where the base effect has worked in the reverse direction", said Madan Sabnavis, chief economist, CARE.

by | August 31, 2018 | 17:56

Whitbread bought the chain back in 1995 when it was just made up of 39 outlets. Joining the Coca-Cola portfolio, Costa is a leading coffee brand first founded in London in 1971 that has since grown to include almost 4,000 retail outlets, a coffee vending operation, roastery, and home-brewed coffee formats.

by | August 30, 2018 | 11:56

In a new tweet , Musk asked a Twitter user "You don't think it's unusual he hasn't sued me?" "I don't think a CEO should be on Twitter; I would have hoped that would have been the lesson". "Sorry pedo guy , you really did ask for it". While the rest of the world was celebrating the successful rescue, Mr Musk's offensive comments have cast a shadow over Mr Unsworth.

by | August 29, 2018 | 22:29

Almost 2 years after demonetisation, the Reserve Bank of India (RBI) on Wednesday, in its 2017-18 annual report said that 99.3 percent of banned notes were returned in the banking system. However, the central bank had called the figures to be provisional as the specified bank notes were still being verified for authenticity and numerical accuracy.

by | August 29, 2018 | 08:59

It's not entirely clear how Toyota stands to gain from this deal, however. Previously, Uber and Toyota partnered on an electric mobility project. In July, Uber took a step toward relaunching autonomous vehicle testing in Pittsburgh streets.