Markets

by | September 11, 2018 | 18:13

Till May 31, when the LDF government effected a slight cut in the sales tax on petrol and diesel, Kerala's was the sixth highest sales tax levy on both petrol and diesel. "It would remove a lot of discrepancies that happen when different states have different rates", said an oil industry official. Of this, 50 per cent is non-oil and 50 per cent is oil.

by | September 10, 2018 | 18:54

Despite previously indicating that he would follow that norm, Obama broke with tradition on September 7 with a speech kicking off his campaign blitz to help Democrats regain control of Congress in the 2018 midterm elections. "It works for me", Whitaker said. "We're supposed to stand up to bullies". "We were ready for Barack Obama ". Saturday's rally was Obama's second campaign stop in a string of several planned appearances that Democrats hope will energize voters in an effort to flip 23 ...

by | September 09, 2018 | 03:45

Then he added: "I hate to say this, but behind that there is another $267bn ready to go on short notice if I want". The company makes a large percentage of its products in China. According to Apple, the tariffs would affect the Apple Watch , AirPods , HomePod, Beats headphones, AirPort routers, Apple Pencil, Magic Mouse and Magic Keyboard, MacBooks, Mac mini, and a selection of cables, chargers, and adapters.

by | September 07, 2018 | 20:08

Hackers obtained the credit card details of some 380,000 British Airways travellers during a two-week data breach this summer that leaves the customers vulnerable to financial fraud, the airline says. Future bookings will not be affected, BA said. "Atrocious that I had to find out about this via news and twitter", he tweeted. BA apologized in July after technology issues caused dozens of its flights to and from London Heathrow Airport to be canceled.

by | September 06, 2018 | 05:14

But global oil markets are still fairly well supplied. The Brent crude oil - the global benchmark for oil prices - was trading at $78.01 per barrel, however, closed trading at $79.38 per barrel. This output was helped by Libya recovering some of its production capability. Russia, which is cooperating with OPEC along with several other non-members, kept pumping at near post-Soviet records last month as it reaped the benefits from the June deal to ease output caps.

by | September 04, 2018 | 00:00

Trump notified Congress on Friday that he plans to sign an agreement in 90 days with Mexico to replace Nafta and hopes Canada can brought on board, too. "You said that the Mexican deal is closed- there's still a lot of work left to be done even on the Mexican deal, Chris, because of the language isn't drafted, we haven't seen whole chapters of the thing".

by | September 03, 2018 | 23:45

Though the loans are due by the end of the year, the amount owed by indebted countries and developing nations across the continent will be written off, Xi said. "It is through platforms like [this forum] that we should work to balance the structure of trade between Africa and China", Ramaphosa said. "Rather it is about greater openness, sharing and mutual benefit".

by | September 01, 2018 | 19:27

They also note that while certain sectors of USA manufacturing were hurt by NAFTA, American consumers and companies - and workers in some industries, like agriculture - benefited from it. In Canada, it is a near-$20-billion industry that employs more than 220,000 people. "The text could shift, but not the core of concessions and undertakings".

by | August 29, 2018 | 01:35

But after a year of intense negotiations to salvage NAFTA, US and Mexican negotiators are keen to seal a new deal before Pena Nieto hands power to President-elect Andres Manuel Lopez Obrador on December 1. "We're going to call it the United States-Mexico Trade Agreement, and we'll get rid of the name NAFTA". Exports are responsible for more than 30 percent of the new jobs created in the state.

by | August 28, 2018 | 19:55

Mexican President Enrique Pena Nieto wants to sign the agreement before leaving office at the end of November, and Canadian Prime Minister Justin Trudeau faces a national election expected by October 2019. Calling the deal "very good" for USA farmers and manufacturers, Mr Trump said Mexico has agreed to purchase "as much farm product as possible" immediately.

by | August 28, 2018 | 13:41

President Donald Trump's plans to punish carmakers who produce vehicles outside the US and sell them to Americans are hindering his administration's efforts to close the deal on a new Nafta this month. Trump said on Saturday that Washington could reach agreement with Mexico "soon" as the chief trade negotiator of Mexico's incoming president signaled possible solutions to energy rules and a contentious USA "sunset clause" demand.

by | August 26, 2018 | 23:10

The euro gained 0.7 percent to $1.1625. Asian markets were mixed on Friday as China-US trade talks wrapped up with little progress being made, while the dollar held up ahead of a key speech by the head of the Federal Reserve . The research theme at the Jackson Hole conference this year involves change in market structure, and Powell used that topic to elaborate on why shifts in concepts like the level of "full employment" and the neutral rate of interest justify gradual rate increases.

by | August 26, 2018 | 22:59

Verizon will introduce a new unlimited data plan for public safety employees and allow agencies to upgrade to the new plan at no cost next week, according to Maiorana. "I don't want to pay for all that data every month on the off chance that we're going to use it", he said. But Verizon said in a statement that "this situation has nothing to do with net neutrality or the current proceeding in court".

by | August 24, 2018 | 12:33

The Google Pixel 3 XL images are finally out , and the live pictures of upcoming Google flagship have given away all the major specs. If there's one thing that Google's Pixel lineup isn't known for, it's for new and unique features.

by | August 24, 2018 | 11:01

One location in MI is on the chopping block: Sears at the Jackson Crossing Shopping Center off I-94 in Jackson. The ailing company said liquidation sales at the 46 unprofitable stores marked for closure will start August 30, according to the company website.

by | August 24, 2018 | 10:58

Russian President Vladimir Putin on Wednesday called USA sanctions against Moscow "counterproductive and senseless" after Washington warned that more "economic pain" was to come. The bloc hasn't expanded the sanctions it imposed in response to Russia's annexation of Crimea in 2014. But, the European Union has not imposed sanctions related to Salisbury, although it strongly condemned Moscow and joined worldwide action to expel Russian officials.

by | August 22, 2018 | 17:23

Mr Hunt will say the Salisbury attack was part of a pattern of behaviour from Russian Federation, including the annexation of Crimea and its support for the Assad regime in Syria, which made the world "more dangerous". The U.S. expelled 60 Russians from diplomatic missions in the U.S. and shuttered the Seattle consulate over it. Because of that use of a chemical weapon, Republican Sen.

by | August 20, 2018 | 21:16

Many U.K. businesses have shifted to a six-month reporting schedule after the country's regulators eased requirements for quarterly reports. He added that he has asked the SEC to examine moving to a six-month reporting schedule, instead of the current system of reporting corporate results every three months.

by | August 17, 2018 | 22:42

An upper court had yet to rule on the appeal, his lawyer told Reuters. The priest he wants being USA -resident Islamic preacher Fethullah Gülen, who is accused of masterminding the 2016 military coup attempt, but that can not be a peg. President Donald Trump condemned the detention of an American pastor in Turkey and warned that "we are not going to take it sitting down". USA stocks climbed higher in afternoon trading after a Mexican economic official told reporters that trade talks ...

by | August 16, 2018 | 17:17

OPEC expects that average oil production in Russian Federation will be 11.15mn barrels per day in 2018 and 11.17mn barrels daily in 2019. Opec said Monday it expects global oil demand growth to slow this year by 20,000 barrels per day (Bpd), from its forecast last month, due to weaker-than-expected consumption data from Latin America and the Middle East.

by | August 13, 2018 | 19:14

That meeting inspired Musk's "funding secured" tweet last week that said he was "considering taking Tesla private " at $420 a share, he wrote. "I left the July 31st meeting (with the fund) with no question that a deal with the Saudi sovereign fund could be closed, and that it was just a matter of getting the process moving", Musk said .

by | August 11, 2018 | 23:14

Meanwhile, markets are deeply concerned over the direction of economic policy under Erdogan , with inflation at almost 16 percent but the central bank reluctant to raise rates in response. "With EMEA a source of geopolitical risk, we think it will be hard for the ZAR to also stabilise - in effect the Rand's source of market risk has shifted from a weaker CNY to a weaker TRY and RUB", says foreign exchange strategist Viraj Patel with ING Bank N.V.

by | August 09, 2018 | 04:41

The measure comes shortly after Washington released the latest list of Chinese goods worth $16 billion that are set to face a 25 percent tariff. China's exports surged more than expected in July despite USA duties and its closely watched surplus with the United States remained near record highs, as the world's two major economic powers ramp up a bitter dispute that some fear could derail global growth.

by | August 09, 2018 | 04:10

The company said users logging in at least once a day dropped for the first time, hitting 188 million over the three months ending June 30, down from 191 million earlier this year. That has come at the cost of the premium feel Snap had tried to ascribe to its ads, but given overall sales a jolt by attracting more advertisers. Prices fell 9 percent in the second quarter compared with the previous quarter and 52 percent from a year ago.

by | August 08, 2018 | 23:48

Being public also subjects us to the quarterly earnings cycle that puts enormous pressure on Tesla to make decisions that may be right for a given quarter, but not necessarily right for the long term. Several securities attorneys told Reuters that Musk could face investor lawsuits if it was proven he did not have secure financing at the time of his tweet.