Finance

by | September 19, 2019 | 21:39

General Mills is voluntarily pulling certain bags of flour from the shelves after finding a sample contained E. coli bacteria. Consumers should throw out the recalled product. Seniors, the very young, and people with compromised immune systems can be particularly susceptible to foodborne illness. Shares of General Mills stock were up 0.48 percent as of 9:33 a.m.

by | September 19, 2019 | 19:27

The ECB also said it would restart its bond-buying stimulus programme, which pumps newly-created money into the financial system to lower borrowing costs and help the economy . The Munich-based research institute Ifo warned on Thursday that the German economy is at the risk of a recession, forecasting an annual gross domestic product (GDP) growth of 0.5 percent in 2019 over the previous year.

by | September 19, 2019 | 19:14

However, it got into trouble with the organization for making certain safety claims about the Model 3 in its marketing materials. Several markets in which Tesla was only delivering a few hundred cars per year when it was only Model S and Model X, like Austria, Belgium, Spain, and Italy, are now seeing thousands of deliveries.

by | September 19, 2019 | 17:05

Germany and France are leading the claims that stablecoins such as Libra coin pose a threat to national monetary policies. In its Libra documentation, Facebook writes that "Success will mean that a person working overseas has a fast and simple way to send money to family back home, and a college student can pay their rent as easily as they can buy a coffee".

by | September 19, 2019 | 16:29

It may be sheer coincidence that the cost of paying for both Apple and Disney subscriptions will still be a dollar less than Netflix's main plan, priced at $13 a month. The most anticipated so far seems to be "The Morning Show", a comedy-drama starring Jennifer Aniston, Reese Witherspoon and Steve Carrell. "On September 10, 2019, Bob Iger resigned from the Board of Directors of Apple Inc ", said the abrupt, unsentimental Apple SEC filing .

by | September 19, 2019 | 16:28

Iranian Foreign Ministry spokesperson Abbas Mousavi on Sunday dismissed the US allegations as "blind and futile comments". "The Americans adopted the "maximum pressure" policy against Iran, which, due to its failure, is leaning toward 'maximum lies, ' " Mousavi said.

by | September 19, 2019 | 16:02

New construction starts measured by floor area grew more slowly in August with a 4.9 per cent gain from year earlier, versus July's 6.6 per cent rise, Reuters calculations showed. Several analysts said in recent weeks that China's economic growth was already testing the lower end of Beijing's full-year target of around 6 to 6.5 percent, which is likely to spur more policy easing.

by | September 19, 2019 | 13:33

The commission's historic decision was delivered on August 2016 by Competition Commissioner Margrethe Vestager, a shock decision that put Europe at the forefront of an emerging effort to rein in the power of America's largest technological companies.

by | September 19, 2019 | 13:09

The raid exposed the vulnerability of Saudi Arabia's oil infrastructure and threw down a gauntlet to the United States, which wants to curb Iranian influence in the region. "I have just instructed the Secretary of the Treasury to substantially increase Sanctions on the country of Iran!" Prices plummeted 6% on Tuesday after Saudi Arabia's energy minister said the country had managed to restore oil supplies to customers to where they stood before the attacks on its facilities that shut ...

by | September 19, 2019 | 12:47

The economic expansion appears durable in its 11th year of growth, with a still-solid job market and steady consumer spending. Tariffs applied in the US-China trade war could shave 0.5 percent off global economic growth in 2020, the International Monetary Fund said.

by | September 18, 2019 | 21:16

Saudi Arabia's oil production will be fully restored within the next few weeks despite the attacks on oil sites over the weekend , according to its government. The Saudi defense official's comments, and moves by the USA, suggested the two allies were also working to deescalate tensions in the region. Iran vehemently denies the claim.

by | September 17, 2019 | 15:45

The plant is capable of producing up to 100-million parts per year, General Motors said . The couple are making the arrangements for the move now. While it's hard to know the effects this particular strike will have, Shenfeld added that production of vehicles is closely enough related between Canada and the US that the effects could potentially be felt quite soon.

by | September 13, 2019 | 09:58

The next meeting of the JMMC comes up on the 4th December 2019 at the OPEC Secretariat in Vienna, Austria . The US continues to pump more oil. Nigeria's cap as part of the deal is 1.685 million bpd. Brent crude futures were down $1.49 cents at $59.32 a barrel by 1350 GMT. Worldwide benchmark Brent crude traded at $61.05 a barrel Thursday morning, up around 0.4%, while U.S.

by | September 13, 2019 | 06:37

Saudi Arabia has led cuts in production as the kingpin of Opec to keep oil prices from sliding further. Saudi Arabia has removed energy minister Khalid al-Falih, one of the most powerful figures in the global oil industry, in a dramatic shake-up at the heart of the kingdom's government.

by | September 12, 2019 | 16:31

The goodwill gestures from both sides have raised expectations of October talks to reach a deal to end the year-long bruising trade war between the top two economies of the world. He said the delay had been requested by China, and also follows a move by Beijing to scrap some United States tariffs. Trump has previously accused Beijing of backsliding on promises to increase purchases of USA farm goods.

by | September 12, 2019 | 13:40

The two presidents also agreed to continue their negotiations. Meanwhile, mysterious attacks on oil tankers near the Strait of Hormuz, the downing of a US military surveillance drone by Iran and other incidents across the wider Middle East have exacerbated the crisis in the region as Tehran tries to pressure Europe to find a way to sell crude oil overseas despite USA sanctions.

by | September 11, 2019 | 20:13

The exemptions introduced Wednesday will grow to be efficient on September 17 and be legitimate for one 12 months, in response to the Customs Tariff Fee of the State Council, which launched two lists that embody seafood merchandise and anti-cancer medication.

by | September 11, 2019 | 16:40

The HKEX said that its offer will be dependent on the LSE dropping the Refinitiv purchase. The London Stock Exchange has received a surprise £29.6bn takeover offer from Hong Kong Exchanges and Clearing - a bid that threatens the United Kingdom group's £20bn-plus acquisition of U.S.

by | September 11, 2019 | 16:29

Boris Johnson's government is insisting a general election is the only way forward after suffering a series of defeats in parliament last week, the most notable of which was the passage of a bill created to prevent a no deal Brexit . The Brexit Party leader has already agreed to not challenge seats belonging to Tory Brexiteer "Spartans", but according to reports, he upped that offer by asking the Tories for free run of 80 to 90 constituencies in exchange for not fielding candidates in the ...

by | September 11, 2019 | 14:34

Google has another antitrust probe to worry about, after 50 attorneys general said on Monday they're opening a collective investigation into the tech giant's dominance of online advertising . Google is a big part of the California economy, Tobias said. Another visibly huge piece of Google's business is its search platform, often the starting point for millions of people when they go online.

by | September 11, 2019 | 13:44

He said it was a BA dispute and it would be resolved by the carrier rather than IAG . Indiver Rastogi of Thomas Cook said, "Due to advance intimation of the strike by British Airways , we offered alternate options to corporate travelers".

by | September 11, 2019 | 10:27

His departure marks the completion of his plan to pass the reigns of the company onto a successor. Crowds were on hand to cheer as Alibaba's PR machine arranged for Ma to return to the apartment complex in Hangzhou where he first started the company, allowing him to explore the business' founding mythology.

by | September 11, 2019 | 10:25

Finance Minister Nirmala Sitharaman , under fire due to the ongoing economic slowdown , on Tuesday, attributed the slowdown in auto sales to a host of reasons. Finance Minister Nirmala Sitharaman has defended the dip in GDP growth to over six-year low of five per cent in April-June quarter terming it as "cyclical" and said that the fall has not impacted the people as the government has ensured the inflation remains below four per cent.

by | September 11, 2019 | 10:27

Wendy's says its new lineup includes a honey-butter chicken biscuit and breakfast Baconator sandwich. Wendy's held steady its systemwide sales growth forecast and capital spending targets for 2019. According to the food blog, Wendy's breakfast had already gone through several trial runs on a smaller scale by 2012, but the chain was "still not getting the results they want to go nationally yet".

by | September 11, 2019 | 07:54

But Mr Johnson later dismissed as a "load of nonsense" accusations that suspending Parliament is "anti-democratic", insisting it was necessary to prorogue before the Queen's Speech. It is not clear how Watson expects parliament as it is now constituted to make a definite decision on Brexit, when the set of MPs now sitting have only shown an ability to delay and block various routes - from leaving with Theresa May's deal to exiting without a deal.