by | July 27, 2019 | 07:13

Money markets are pricing in a 50% chance of a 10 basis points interest rate cut by the European Central Bank later in the session, a smaller probability than last week, but some expect President Mario Draghi will open the door for further cuts down the road or for more quantitative easing.

by | July 27, 2019 | 07:09

Almost a month after President Donald Trump became the first US president to walk on North Korean soil, the euphoria from his meeting with Kim Jong Un faded this week as North Korea fired off two short-range ballistic missiles , unveiled a high-tech submarine and rejected foreign food aid for millions of its impoverished citizens.

by | July 27, 2019 | 05:43

For that reason, last June the company managed by Tim Cook asked in a letter to the United States government that it refrain from imposing new tariffs on imports from China, since that would be disastrous for such Apple products as iPhones, iPad tablets, Mac computers , AirPod wireless headphones and Apple TV media streaming devices.

by | July 27, 2019 | 03:50

Apple is presently purchasing Intel iPhone modems that enable it to link to carriers-operated networks such as Verizon and AT&T . And last month the Information reported that Apple was talking with Intel about the purchase of its German modem business.

by | July 27, 2019 | 03:28

Even with consumer and government spending on the rise, tariffs and a global slowdown pushed the USA economy downward in the second quarter, with the April-June GDP dipping to 2.1% following a 3.1% first-quarter gain. Revisions to growth data published by the government on Friday also confirmed the economy missed the White House's 3.0% target in 2008, growing at a rate of 2.9%.

by | July 27, 2019 | 02:47

I might, ' he said. And that afternoon he told reporters in the White House he was considering a tariff on French wines as part of that 'retaliation'. "Make them in the United States of America, no Tariffs!" he wrote. The tax applies to companies with more than $834 million in global revenue. Because they're often domiciled in other countries - including low-tax jurisdictions such as Ireland or Bermuda - and shift money seamlessly across borders, companies that sell online can easily ...

by | July 24, 2019 | 21:46

Facebook deleted a number of these fraudulent accounts after being contacted by Washington Post staff on Monday. As Facebook continues to struggle with lawmakers to get Libra off the ground, the company faces another obstacle - scammers on its own platforms.

by | July 24, 2019 | 19:13

Analysts had anticipated an even greater drain for the first full quarter of operations since commercial Max flights were halted in March: an average $2.02 billion outflow. "Financial risk relative to the company's pre-grounding profile has meaningfully increased, and the resolution and ultimate impact for Boeing , both financially and reputationally, remain unknown", Moody's said.

by | July 24, 2019 | 16:28

The fear is that Huawei is using university partnerships to scoop up research in areas such as artificial intelligence, telecommunications, and robotics, which could be used in hacking or spying operations or to give Chinese companies an edge over USA competitors.

by | July 24, 2019 | 09:59

Ford (F) expects to run over the competition in the budding electric pickup truck market. A Tesla Model X towed a 287,000-pound Boeing 787-9 Dreamliner almost 1,000 feet at Melbourne Airport in Australia a year ago. When it does arrive, however, it will coexist alongside Ford's new F-150 Hybrid that will be for sale next year. It's now the most talked about pickup in the USA based on geolocated Twitter data.

by | July 23, 2019 | 18:52

China's sci-tech innovation board (STAR) will help enhance global capital markets as it provides a new pipeline to companies and investors, a USA expert has said. 1 by market value among the 25 firms. But by the market close, the company's shares were still 94.61% higher than their IPO price. This new STAR Market is modeled on the US -based NASDAQ composite reflecting the ruling Communist Party's desire to keep private capital within its own country.

by | July 23, 2019 | 16:15

The UK, in a letter to the UN Security Council, challenged Iran's account of the seizure, saying the Stena Impero was seized in Omani territorial waters and had done nothing wrong. Tension ran high in the area since the U.S. tightened sanctions on Iran and deployed troops. "Well, we ask those countries to make the same request to Britain first".

by | July 23, 2019 | 10:55

Kamala D. Harris of California, 11.8%; former Vice President Joseph R. Biden. I see a manufacturing sector in recession . "While a lot will change between today and the first contests next year, after seeing these results, there is no doubt that, in 2020, Democrats are better positioned to nominate an unapologetic champion for progressive values for president than we've been in decades".

by | July 23, 2019 | 09:45

Europe's regional STOXX 600 index gained 0.1 per cent, Germany's DAX and France's CAC rose 0.3 per cent and Britain's FTSE jumped 0.5 per cent. Brent crude prices LCOc1 moved higher on worries that Iran's seizure of a British tanker last week could lead to supply disruptions.

by | July 22, 2019 | 21:56

The recall is the Swedish premium brand's second of 2019 following a January action to remedy 219,000 vehicles - 30,000 in the United Kingdom - another faulty component which could result in fuel leaks from cracked fuel lines an another potential fire risk.

by | July 22, 2019 | 19:27

The utilities provider reported $2.05 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.95 by $0.10. Crews are working to restore power after heavy storms over two days knocked out power for over 800,000 MI homes and businesses.

by | July 22, 2019 | 17:55

The amount of the settlement could change depending on the number of claims still to be filed by consumers . The incident sparked outcries on Capitol Hill and among consumer advocates for more oversight of the three big consumer credit-rating companies: Equifax, TransUnion and Experian.

by | July 22, 2019 | 16:40

There are three easy ways to try the healthy, and portable, ice cream . To help cool off, check out all of the places giving away free ice cream and hosting other special ice cream deals for National Ice Cream Day this year. LongHorn Steakhouse is offering a special Steak & Bourbon ice cream for $3.99 at participating locations. Must download the DQ app to get the digital coupon.

by | July 20, 2019 | 20:27

And since the minimum wage in the provinces is less than the rent specified in the report, the greater number of those earning minimum wage are spending 30% or more of their income on housing. "In a country as rich as Canada everyone deserves a reasonable place to live", he said. The second highest rental wage is in Toronto CMA, where workers require $33.70 per hour.

by | July 20, 2019 | 13:43

The company's shares surged by 29 percent to 100 rand after the details were made public. PepsiCo offered 110 rand a share for Pioneer, a premium of about 56% over the last closing price before deal speculation began in earnest on Monday, the companies said in separate statements.

by | July 20, 2019 | 12:41

In contrast, the current Corvette reveals a massive V8 engine when popping the hood. Pricing for the United Kingdom market is yet to be confirmed, but American buyers will see prices starting from $60,000 - equivalent to £49,000. This one has some serious pep, though, capable of producing 495 horsepower and 470 lb-ft of torque, and with the optional Z51 performance package, it can reach 60 miles per hour in less than three seconds, making it the fastest Corvette ever.

by | July 20, 2019 | 06:57

The revamped Toys R Us is a joint venture between Tru Kids Brands - which acquired the Toys R Us brand in January - and b8ta, a chain of "experiential" consumer electronics stores. Brand partners will be announced in the coming weeks, he said. The first two locations will be about 6,500 square feet, a fraction of the brand's big box stores, which were about 30,000 square feet.

by | July 20, 2019 | 06:46

Arnault's net worth has increased nearly 32 billion this year, the most on the 500-member Bloomberg Billionaires Index , states Bloomberg , with a total net worth just over 100 billion dollars. Bernard Arnault has taken the second place, as Gates now occupies the third place. Arnault's leapfrogging of Gates is largely due in part to his wealth growing by $39 billion in 2019, according to Bloomberg Businessweek, by far the biggest individual gain by any of the 500 people included in the ...

by | July 20, 2019 | 04:44

European shares closed slightly higher, having given up early gains of as much as 0.7%, as political turmoil weighed on Italian stocks after the country's Deputy Prime Minister Matteo Salvini said he would meet coalition partner and leader of the 5-Star Movement Luigi Di Maio amid speculation the increasingly unwieldy government might collapse.

by | July 19, 2019 | 17:17

The OBR's fiscal risks report highlighted the impact on the public finances of a no-deal, no-transition departure. The UK is now scheduled to leave the European Union on 31 October and the likelihood of a no-deal Brexit scenario has increased after both Conservative party leadership contenders have said they would go ahead with a no-deal Brexit if necessary.