Markets

by | December 14, 2018 | 09:07

The news was enough to prompt a bounce after days of losses, and MSCI's broadest index of Asia-Pacific shares outside Japan advanced 1.2 percent. It may actually matter more to foreign automakers with factories in the USA than for Ford and General Motors (GM).

by | December 13, 2018 | 23:16

He led the Senate in approving the farm bill 87-13 Tuesday. " Kansans have benefitted from Representative Marshall's leadership on the House Agriculture Committee during the consideration of this Farm Bill ", Roberts said . Most of the money goes to keep people from going hungry (think food stamps), another huge chunk of change subsidizes farmers, and then there's a big grab bag of conservation, research, and environmental improvement programs.

by | December 13, 2018 | 22:53

Non-OPEC countries have agreed to reduce oil production by 400,000 barrels a day. "Production's exceeding of the consumption in the market and predictions about the decline in the world economy for the next year determined the fall in oil prices".

by | December 13, 2018 | 06:28

Officials said Opec would reduce output by 800,000 barrels per day, based on October's production levels. According to the agreement, OPEC member states contribute 0.8 million bpd output cut and non-OPEC oil pumpers including Russian Federation contribute 0.4 million bpd output cut from the production of October level.

by | December 11, 2018 | 04:10

The Chinese government has warned Canada that if Meng is not released, the country will face "grave consequences". A headline in a Communist Party newspaper called Canada's treatment of Meng Wanzhou , the chief financial officer of Huawei Technologies , "inhumane".

by | December 11, 2018 | 04:09

According to the settlement with the SEC , Tesla has until December 28 to put in place procedures to review any of Musk's communications that could contain material information. Musk said "it's not realistic" to see Denholm as watching over him, because of his large shareholder stake. In a newly released interview with CBS, he told reporter Lesley Stahl that he "preferred" not having a title but added that his tweets were still unsupervised.

by | December 11, 2018 | 03:16

In the third quarter this year, Uber lost US$1.07 billion and is struggling with slowing growth, although its gross bookings, at US$12.7 billion, reflect the company's enormous scale. Timing of the listings is uncertain, given the current turmoil in stock markets, but the filings made last week leave the door open for IPOs in early 2019.

by | December 09, 2018 | 16:16

Altria's offer of C$16.25 a share represents a 16 percent premium from Thursday's closing price. The deal grants Altria the option to acquire a controlling stake in Cronos at CAD $19 per share and to nominate four executives to Cronos Group's board of directors.

by | December 09, 2018 | 14:55

In the wake of the work report , USA money related markets kept on evaluating in one rate climb from the Fed in 2019, contrasted and desires for conceivably two rate climbs multi month sooner, as indicated by CME Group's FedWatch program. Investors, however, are mostly focused on where the economy is headed. The Fed in its " Beige Book " report this week said most business contacts in its 12 districts said "that employment growth leaned to the slower side of a modest to moderate pace" because ...

by | December 07, 2018 | 15:16

May's critics, including both supporters and opponents of Brexit , say that means Britain could be subject to European Union laws long after it has given up any influence over determining them. May has repeatedly said that if lawmakers reject her deal with Brussels, which would see Britain exit the European Union on March 29 with continued close ties, the only alternatives are leaving without a deal or reversing Brexit.

by | December 06, 2018 | 06:57

In 2007, Ms. Meng served as a board secretary for a Huawei holding company that owned Skycom Tech, a Hong Kong-based company with business in Iran and employees who said they worked for "Huawei-Skycom", according to a person familiar with the matter.

by | December 04, 2018 | 02:43

Qatar would continue to produce oil and seek deals in countries including Latin America's top oil producer Brazil, said Kaabi. Experts suggested that the exit of Qatar from OPEC would have little long-term impact on oil prices , although the price of Brent crude did jump by 4.7 percent on to $62.24 in early trading on Monday.

by | December 04, 2018 | 02:02

That's a misreading of what China agreed to do, at least as far as Chinese authorities are concerned. What will be more hard are the other issues that US officials said the two sides agreed on. Trump had planned to raise the tariffs on the $200 billion to 25 percent if he couldn't get a deal with Xi. A total of $10.5 billion in new and used cars were shipped to China from the U.S.in 2017, according to the Census Bureau.

by | December 04, 2018 | 00:16

Sully has his own Instagram account; here he is shown "assisting with voting" as Mr Bush cast his ballot in last month's U.S. presidential mid-term election. VetDogs says Sully is named after former airline pilot Chesley " Sully " Sullenberger III, who is known for landing a damaged passenger jet on the Hudson River in 2009.

by | December 02, 2018 | 22:15

Since trade tensions have escalated under Trump, China has radically reduced its import of U.S. soy beans and other farm products, with direct impact on farmers in the USA mid-west where Trump has drawn much of his political support. Both leaders can go home and tell their people they have accomplished something. Xi stated that they shared tremendous responsibility to find a solution.

by | November 28, 2018 | 14:03

The brand said in social media posts that its account and that of Gabbana had been hacked. Chinese netizens called out the fashion brand and models and celebrities like Zhang Ziyi , Chen Kun and singer Karry Wang Junkai, who announced they would not attend the D&G fashion show scheduled in Shanghai on Wednesday night.

by | November 28, 2018 | 09:02

USA crude was up 0.1 per cent at US$51.68 a barrel, while Brent futures rose 0.2 per cent to US$60.60. "I happen to be a tariff person because I'm a smart person, OK?" he told the Wall Street Journal . "Maybe. Maybe. Depends on what the rate is", Mr Trump said, referring to the possibility of tariffs on mobile phones and laptops, according to the Wall Street Journal .

by | November 27, 2018 | 12:43

The president said that the layoffs had nothing to do with tariffs and instead blamed Barra for making cars that don't sell. "We estimate sedans operate at a significant loss, hence the need for classic restructuring", he wrote. "I was very tough". "They told me straight up there's nothing we can do", Ford said on Monday, after GM confirmed that the company will stop producing cars and trucks at the major plant east of Toronto.

by | November 26, 2018 | 13:55

Facebook and Twitter is replete with images with Amazon workers holding placards that read " Jeff Bezos , you're the richest man". But the majority of employees were continuing to work and there was no impact on customer orders. The company tried to address the criticism in October by announcing all US warehouse workers would be paid at least $15 an hour, though the company also eliminated some employee stock awards and bonuses.

by | November 25, 2018 | 19:21

The European leaders on Sunday endorsed the Brexit deal at the European Union (EU) summit, a major breakthrough since the lengthy Britain-EU Brexit negotiation started one and half years ago. The AP noted that the vote is likely to be divisive, as pro-Brexit lawmakers are anxious that May has not done enough to separate the United Kingdom from the EU, while those who are opposed to Brexit are concerned the agreement will negatively impact economic ties with other European nations.

by | November 21, 2018 | 23:43

Some 46% of products were cheaper than their Black Friday price on at least one day during the six months afterwards. With Black Friday getting closer, there's no doubt we'll see discounts and special offers on Amazon services, from Music Unlimited to Audible , Kindle Unlimited , and more - maybe even Amazon Prime .

by | November 20, 2018 | 23:43

Nissan said on Monday that Ghosn will be removed after what it described as "serious acts of misconduct ", including under-reporting his compensation to the Tokyo Stock Exchange and misuse of company assets and expenses. How much control did Ghosn have? As Ghosn's closest aide, however, it is believed Kelly had a big influence on decisions related to executive personnel affairs and compensation.

by | November 19, 2018 | 11:20

It has also confirmed that the traces of the bacterium are identified in multiple products that are related to raw turkey, including turkey patties and ground turkey along with the other turkey pet food items and live turkey. Thanksgiving is rapidly approaching which means family gatherings, lots of laughter and of course the traditional consumption of one particular kind of bird.

by | November 19, 2018 | 11:19

He also said more tax on fossil fuels was needed to fund renewable energy investments. The protests began at the end of previous year after higher fuel taxes were introduced. The protesters are nicknamed "yellow vests" for the high-visibility jackets they wear. The grassroots nature of the protests, which drew supporters angry over an array of issues, made it a political hot potato for Macron's government.

by | November 15, 2018 | 18:52

At the time of writing Brent crude traded at US$67.02 a barrel, up modestly from yesterday's close, after earlier this week plunging close to US$65 a barrel under the double blow of rising supplies and a call from President Trump to OPEC to refrain from production cuts.