Finance

by | August 26, 2019 | 12:43

This week, oil prices hadn't moved too much in either direction as the American Petroleum Institute (API) reported on Tuesday a crude oil inventory draw of 3.45 million barrels for the week ending Aug 15, compared to analyst expectations of a 1.889-million barrel draw, but it failed to move oil much higher.

by | August 26, 2019 | 07:22

President Donald Trump announced the USA and Japan have struck a preliminary trade deal on $7 billion worth of goods. Negotiators have agreed Japan will place tariffs on USA agricultural products up to levels that apply to members of the Trans-Pacific Partnership pact, Japan's public broadcaster NHK and major Japanese national dailies reported.

by | August 26, 2019 | 03:45

Purchasing the two companies will accelerate VMware's plan to deliver secure, multi-cloud application development. "This is an ideal time to join forces with VMware , an industry leader who shares our commitment to making contributions to the open-source community and our goal of adding value to developers beyond Kubernetes ", said Rob Mee , CEO of Pivotal.

by | August 25, 2019 | 11:25

The wines themselves might be a sore point, however: Trump has threatened to put US import taxes on French wine to retaliate for France's tax on tech companies like Google and Facebook. Trump himself seemed contented after the lunch, which came after a series of combative tweets that suggested he was in no mood to compromise with this G7 peers.

by | August 25, 2019 | 10:59

Chamber of Commerce, said in a statement . The United States will not win the trade war because of the hardship higher tariffs will impose on its farmers and businesses, the paper said. "The persistent uncertainty shock from the trade war is starting to show up in weaker global data and recession indicators are starting to flash yellow", BofAML team writes in a client note.

by | August 25, 2019 | 02:49

The organization's stock value later recuperated, and it flooded over 10% Thursday on updates on Byrne's exit. He also told Cuomo, "It was always clear she's on her way or was on her way to be president of Russian Federation", adding "She's a super talented girl".

by | August 24, 2019 | 22:24

In another piece of brinkmanship, he also confirmed right before departing on the Marine One helicopter that he would retaliate against France's iconic wine exports if President Emmanuel Macron didn't retreat on a new tax that will hit United States digital giants like Google.

by | August 24, 2019 | 15:28

The Dow Jones Industrial Average increased 240.29 points, or 0.93 percent, to 26,202.73. The S&P 500 opened 21.53 points, or 0.74 per cent, higher at 2,922.04. HOME SWEET HOME: Homebuilders were mostly higher following new data showing sales of previously occupied USA homes rose 2.5% last month. Hovnanian Enterprises vaulted 18.5% and LGI Homes rose 2.8%.

by | August 24, 2019 | 14:12

Moulton praised Biden Friday, but stopped short of an endorsement. Elizabeth Warren (D-Mass.), or Sen. 'I think it's evident that this is now a three-way race between Biden, Warren and Sanders, and really it's a debate about how far left the party should go, ' he told The New York Times .

by | August 24, 2019 | 14:00

He was admitted to a New Delhi hospital two weeks ago after he complained of breathlessness and restlessness. "Full of life, blessed with wit, a great sense of humour and charisma, Arun Jaitley Ji was admired by people across all sections of society".

by | August 24, 2019 | 13:55

According to multiple reports, Walsh, a conservative firebrand and talk radio host, would announce a campaign this weekend at the earliest. The Illinois Republican was elected to Congress during the 2010 tea party wave and served one term, losing reelection to now-Sen.

by | August 24, 2019 | 12:58

A reading above 50 signals growth. IHS Markit's flash composite purchasing managers' index - which measures activity in both the manufacturing and services sectors - rose to 51.8 from 51.5 in July, beating expectations for a reading of 51.2.

by | August 24, 2019 | 08:27

The French president's office accused Bolsonaro of lying when he downplayed concerns over climate change at the G20 summit in June. Against the global chorus of condemnation, Brazilian President Jair Bolsonaro was mobilising the army to help combat the blazes, while his administration launched a diplomatic charm offensive to try to mend bridges.

by | August 24, 2019 | 08:02

However, the ministry was ziplipped about its rollout or by when the notification will be issued. Most foreign portfolio investors in India operate as non-corporate entities such as trusts and associations, which are taxed like individuals and therefore the additional tax would fall on them.

by | August 24, 2019 | 07:25

The announcement came after Beijing unveiled a new round of retaliatory tariffs on about $75 billion worth of USA goods. Within five minutes of those tweets , the Dow plunged 223 points, then dropped another 150 points five minutes later.

by | August 23, 2019 | 23:31

But Powell said the USA economy continues to "perform well overall", citing consumer spending as the main driver. The chair also noted that equity markets have been "volatile". She said her decision on a possible future rate cut would depend on forthcoming data releases. He's repeatedly called for the central bank to slash rates more aggressively.

by | August 23, 2019 | 22:40

The Chamber of Commerce issued a statement saying they want to see continued "constructive engagement" with China . "We don't need China and, frankly, would be far better off without them". The stocks of all three companies fell as traders tried to understand what the implications for them were. "As usual, the Fed did NOTHING!" "Repealing the tariffs is about more than just providing tax relief, it's also about removing economic uncertainty that will lead to investment and job ...

by | August 23, 2019 | 18:28

Results of the second cannabis store lottery were announced on Wednesday and a victor in Kitchener has been identified. "The AGCO will only licence applicants and authorize stores that meet all legal and regulatory requirements", the news release reads.

by | August 23, 2019 | 14:56

The Dow sank 800.49 points, or 3%, to 25,479.42. Both were hovering around 1.58% as of late Wednesday afternoon. The yield on 10-year Treasury bonds dipped below the 2-year Treasury, the first time that's happened since June 2007. -China trade tensions, highlighting the impact on US economic growth. Ten-year yields touched a record low of minus 0.67% DE10YT=RR. Bank of America (BAC) and Citigroup (C) fell 4.69% and 5.28%, respectively.

by | August 23, 2019 | 13:55

He said he had to confront Beijing over unfair trade practices because the latter had been cheating America for decades. Xiaojuan Yang, designer of the I Love Pretty line, applied for a B1 business visa at the American consulate in Guangzhou, China, but was summarily turned down.

by | August 23, 2019 | 09:22

The three flights, expected to occur during the final three months of calendar 2019, will use new Boeing 787-9s which will be positioned to NY and London after being delivered to the airline, Qantas said on Thursday. According to Qantas, it once flew non-stop from London to Sydney in 1989 to mark the entry into service of its Boeing 747-400 aircraft. The airline said it will use new 787s Dreamliners scheduled for delivery out of Boeing's Seattle factory later this year to operate the ...

by | August 22, 2019 | 13:26

Telangana Deputy Chief Minister Mohammad Mahmood Ali and IT secretary Jayesh Ranjan inaugurated the 1.8 million sq ft space. The largely untapped country is critical to the global domination plans of both Amazon and Walmart , the latter of which spent $16 billion past year to buy India's biggest startup, retailer Flipkart Online Services Pvt.

by | August 22, 2019 | 13:25

President Donald Trump said, Wednesday, August 21, that he hopes for a "humane" resolution of pro-democracy protests in Hong Kong. The last round of talks in Shanghai in July ended with no indication of progress. He contended he does not fear a recession, but is nonetheless considering new tax cuts to promote growth. "I could be sitting right now with a stock market that would be up 10,000 points higher if I didn't want to do it", he said and added, "You should be happy that I'm fighting ...

by | August 21, 2019 | 22:41

The American Academy of Pediatrics has repeatedly said that detention is not suitable for children, who may suffer numerous negative physical and emotional symptoms. On July 15 the administration unveiled a rule to bar nearly all immigrants from applying for asylum at the southern border, and on August 12 it announced regulation allowing visas and permanent residency only for those who make enough money.

by | August 21, 2019 | 20:52

Ryanair calls on the FORSA Union, and this small minority of very well paid Irish pilots, to return to Mediation under Mr Kieran Mulvey so that any disputes can be resolved without unnecessarily disrupting the travel plans of thousands of Irish passengers and their families.