Business


Vessel carrying USA soybean cargo empties cargo at Chinese port Vessel carrying USA soybean cargo empties cargo at Chinese port
- August 17, 2018

The vessel is reportedly one of the first US shipments to sustain higher import charges as part of the US-China trade dispute. China's state grains stockpiler Sinograin confirmed on Monday it will pay the additional 25 percent import tariff on the soybean cargo. (more...)
Trump asks SEC to study six-month reporting system for public firms Trump asks SEC to study six-month reporting system for public firms
- August 17, 2018

Publicly traded companies must file quarterly reports disclosing extensive details about their operations, including profit and revenue. "I'd like to see twice, but we're going to see", Trump later said to reporters outside the White House, when asked about his tweet about changing SEC reporting requirements. (more...)
CDC Determines What Caused 647 Chipotle Customers to Get Sick CDC Determines What Caused 647 Chipotle Customers to Get Sick
- August 17, 2018

The news sent stock down 6%. Shares of Chipotle were down 3 percent Thursday afternoon. However, according to a Business Insider report, records show that local health officials in OH found several violations related to food not being held at proper temperatures. (more...)
Google employees protest China’s Dragonfly Google employees protest China’s Dragonfly
- August 17, 2018

The letter argues that the search engine project and Google's apparent willingness to accept China's censorship requirements "raise urgent moral and ethical issues". "That the decision to build Dragonfly was made in secret, and progressed even with the AI Principles in place makes clear that the Principles alone are not enough", it continues. (more...)
Amazon ponders United Kingdom aggregator site
- August 17, 2018

The report, which cited three executives within the insurance industry, said it was not immediately clear what kind of insurance products Amazon's site would offer, and that there were no imminent launch plans. It already has a lot of the right infrastructure in place on its retail site, and the fact it has such a large and dedicated customer base (not the mention all those Prime members) means it should be an attractive location for all the insurance companies to advertise their coverage. (more...)
Coinbase was signing up 50,000 users every day past year Coinbase was signing up 50,000 users every day past year
- August 17, 2018

One of the companies ICE was allegedly working with was Starbucks. Coinbase Inc., one of the world's largest cryptocurrency exchanges, was signing up 50,000 new customers a day previous year, Chief Executive Officer Brian Armstrong said at the Bloomberg Players Technology Summit in San Francisco. (more...)
The ‘worst’ banks in the UK for customer service The ‘worst’ banks in the UK for customer service
- August 17, 2018

British banks revealed figures relating to customer response following an order from the Competition Market Authority (CMA) made in 2016. CMA required financial establishments to publish bi-annual results of customer satisfaction in a bid to make the industry more competitive. (more...)
Tesla shares fall as Musk says stress takes toll Tesla shares fall as Musk says stress takes toll
- August 17, 2018

A couple of years ago, Tesla approached Facebook executive Sheryl Sandberg about the job, Musk told the newspaper, but added that no active search is taking place now "to the best of my knowledge". He said he wrote the tweet on the way to airport, saying: 'It seemed like better karma at $420 than at $419. In a separate report, The Wall Street Journal said securities regulators have been investigating if Tesla misled investors about production problems for its Model 3 auto. (more...)
US threatens more Turkey sanctions if pastor not freed US threatens more Turkey sanctions if pastor not freed
- August 17, 2018

In an interview Wednesday with Anadolu Agency , Qatar's Ambassador to Turkey Salem bin Mubarak Al-Shafi said: "The state of Qatar is always proactive in supporting its Turkish brothers". "The tariffs are specific to national security", Ms Sanders said. A banking watchdog's step to limit foreign exchange swap transactions also helped the currency. (more...)
€5bn wiped off Italian bridge operator Atlantia after Genoa disaster €5bn wiped off Italian bridge operator Atlantia after Genoa disaster
- August 17, 2018

While on October 22 2013, a bridge collapsed in Liguaria, the same region that hosted the Morandi bridge, killing two during heavy rains. View of the buildings (top) that were evacuated in the area around the collapsed bridge on Wednesday. (more...)
Chinese premium EV player NIO files for IPO Chinese premium EV player NIO files for IPO
- August 17, 2018

Having begun promoting EVs in 2009, China aims to become a dominant global producer as it bids to curb vehicle emissions, boost energy security and promote high-tech industries. The company recognizes that issues could arise as it proceeds with self-driving technology. Nio's product portfolio now includes only the EP9 hypercar and the ES8 SUV . (more...)
Turkish lira rebounds after Qatar pledges $15 billion Turkish lira rebounds after Qatar pledges $15 billion
- August 17, 2018

US President Donald Trump widened the diplomatic rift with a tweet that announced an increase of tariffs on steel and aluminium and that said "our relations with Turkey are not good at this time". Turkey's exports to the United States a year ago amounted to $8.7 billion, making it Turkey's fifth-largest export market. He is facing up to 35 years in prison if convicted. (more...)
China says US solar tariffs violate trade rules, lodges WTO complaint China says US solar tariffs violate trade rules, lodges WTO complaint
- August 17, 2018

One Chinese executive, speaking on condition of anonymity, told Reuters that US solar tariffs were a "sideshow" and had little effect on Chinese business. "Solar is only a piece on the big trade chessboard", said another Chinese solar executive, who also declined to be named. "European tariffs on certain American exports have prompted the motorcycle maker to shift production outside the US, while it said higher steel and aluminum costs would boost its cost of USA assembly by $55 million this ... (more...)
Trump suggests Canada has been sidelined from latest NAFTA negotiations Trump suggests Canada has been sidelined from latest NAFTA negotiations
- August 17, 2018

Austen would not provide specifics about recent communication. U.S. Commerce Secretary Wilbur Ross said in late July that the administration was focusing on Mexico because there were more hard issues to resolve with Mexico than there were with Canada. (more...)
Equities enjoy breather as Turkish lira rebounds Equities enjoy breather as Turkish lira rebounds
- August 16, 2018

On Tuesday, he said the government is working on steps to help banks and support companies affected by the currency crisis . Russian foreign minister Sergey Lavrov voiced support for Turkey during a joint news conference with his Turkish counterpart in Ankara, saying that the wide use of sanctions reflect the U.S.'s desire to dominate and secure advantages for its businesses. (more...)
Turkey won't compromise on fiscal discipline, Treasury and Finance Minister Albayrak says Turkey won't compromise on fiscal discipline, Treasury and Finance Minister Albayrak says
- August 16, 2018

On Wednesday, a court rejected an appeal for Brunson's release from detention and for a travel ban against him to be lifted, the state-run Anadolu Agency reported . A banking watchdog's step to limit foreign exchange swap transactions also helped the currency. Turkey has accused Brunson of backing a coup attempt against President Recep Tayyip Erdogan two years ago. (more...)
China goes big on currency printing contracts China goes big on currency printing contracts
- August 16, 2018

Congress leader Shashi Tharoor asked Union ministers, Arun Jaitley and Piyush Goyal , to clarify. "Not to mention making it easier for Pak to counterfeit", he tweeted as quoted another tweet carrying the SCMP report. As per news website Money Control, the RBI has strongly denied the Chinese report. Reportedly, the company, China Banknote Printing and Minting Corporation, has seen a huge spike in currency printing demands from countries. (more...)
United Kingdom unemployment rate falls unexpectedly to 4.0% | 14 August 2018 United Kingdom unemployment rate falls unexpectedly to 4.0% | 14 August 2018
- August 16, 2018

Youth unemployment is also at its lowest level since records began in 1992 says the Office of National Statistics with 492,000 unemployed people between the ages of 16-24. There are 1.36 million unemployed people (people not in work but seeking to work), 124,000 fewer than for a year earlier. And there's a key factor making the labour market tighter: a net outflow of European Union nationals working in the UK. (more...)
Russia Rejects US Sanctions against its Country, Turkey Russia Rejects US Sanctions against its Country, Turkey
- August 16, 2018

The currency tumbled to a record low of around 7.20 lira against the dollar late on Sunday after President Recep Tayyip Erdogan warned of drastic measures if businesses withdraw foreign currency from banks. "Not only with Turkey and Iran, we're also arranging and already implementing payments in national currencies with the People's Republic of China", Lavrov said. (more...)
Qatar pledges $15bn of direct investments in Turkey - Ankara Qatar pledges $15bn of direct investments in Turkey - Ankara
- August 16, 2018

The lira has lost almost 40 percent against the dollar this year, driven by worries over Erdogan's growing control over the economy and his repeated calls for lower interest rates despite high inflation. The lira firmed as far as 5.75 against the dollar on August 15 and stood at 6.1320 at 8:43 ET in a move initially triggered by the Turkish court decision on the Greek soldiers who faced espionage charges. (more...)
Bitcoin (BTC) Dominance Rises 50.9% as Alts Slide Bitcoin (BTC) Dominance Rises 50.9% as Alts Slide
- August 16, 2018

A late Saturday reversal continued into the early hours of Sunday morning, with Bitcoin pulling back to a start of a day intraday low $6,162 before recovering to $6,300 levels, the day's low steering clear of the first major support level at $5,998.23 and more importantly sub-$6,000 levels. (more...)
Turkey slaps retaliatory tariff hikes on key United States products
- August 16, 2018

Turkish officials say Qatar has pledged $15 billion of direct investments for Turkey as it struggles with a currency crisis. The White House said Wednesday that the United States "won't forget" how Turkey treated Andrew Brunson , the detained American pastor, after a court rejected his appeal for release. (more...)
China, US to resume trade talks in late August China, US to resume trade talks in late August
- August 16, 2018

The Chinese delegation led by Wang will meet with an American group led by David Malpass, under secretary of the Department of the Treasury, at the invitation of the U.S., China's Ministry of Commerce said in a statement on its website on Thursday. (more...)
Turkey aims new tariffs at US as court rejects pastor's appeal Turkey aims new tariffs at US as court rejects pastor's appeal
- August 16, 2018

The argument over the pastor , Andrew Brunson, has sparked the worst crisis between the North Atlantic Treaty Organisation allies in decades and led to fears that Turkey's economic problems could cause a new global financial crisis . Emerging equities fell 2 %, and are down nearly 20 % from January highs. The value of U.S. dollar on Wednesday, declined by 43 paisas against Pakistani rupee, in interbank market. (more...)
35 killed in Italy motorway bridge collapse 35 killed in Italy motorway bridge collapse
- August 16, 2018

A more than 200-metre stretch of the Morandi bridge, which connects Genoa with southern France, collapsed on Tuesday at 11.50am during a heavy storm, falling 45 metres onto a warehouse, train tracks and a river bed after one of the viaduct's 90 metre high supporting towers toppled over. (more...)

« previous 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154 155 156 157 158 159 160 161 162 163 164 165 166 167 168 169 170 171 172 173 174 175 176 177 178 179 180 181 182 183 184 185 186 187 188 189 190 191 192 193 194 195 196 197 198 199 200 201 202 203 204 205 206 207 208 209 210 211 212 213 214 215 216 217 218 219 220 221 222 223 224 225 226 227 228 229 230 231 232 233 234 235 236 237 238 239 240 241 242 243 244 245 246 247 248 249 250 251 252 253 254 255 256 257 258 259 260 261 262 263 264 265 266 267 268 269 270 271 272 273 274 275 276 277 278 279 280 281 282 283 284 285 286 287 288 289 290 291 292 293 294 295 296 297 298 299 300 301 302 303 304 305 306 307 308 309 310 311 312 313 314 315 316 317 318 319 320 321 322 323 324 325 326 327 328 329 330 331 332 333 334 335 336 337 338 339 340 341 342 343 344 345 346 347 348 349 350 351 352 353 354 355 356 357 358 359 360 361 362 363 364 365 366 367 368 369 370 371 372 373 374 375 376 377 378 379 380 381 382 383 384 385 386 387 388 389 390 391 392 393 394 395 396 397 398 399 400 401 402 403 404 405 406 407 408 409 410 411 412 413 414 415 416 417 418 419 420 421 422 423 424 425 426 427 428 429 430 431 432 433 434 435 436 437 438 439 440 441 442 443 444 445 446 447 448 449 450 451 452 453 454 455 456 457 458 459 460 461 462 463 464 465 466 467 468 469 470 471 472 473 474 475 476 477 478 479 480 481 482 483 484 485 486 487 488 489 490 491 492 493 494 495 496 497 498 499 500 501 502 503 504 505 506 507 508 509 510 511 512 513 514 515 516 517 518 519 520 521 522 523 524 525 526 527 528 529 530 531 532 533 534 535 536 537 538 539 540 541 542 543 544 545 546 547 548 549 550 551 552 553 554 555 556 557 558 559 560 561 562 563 564 565 566 567 568 569 570 571 572 573 574 575 576 577 578 579 580 581 582 583 584 585 586 587 588 589 590 591 592 593 594 595 596 597 598 599 600 601 602 603 604 605 606 607 608 609 610 611 612 613 614 615 616 617 618 619 620 621 622 623 624 625 626 627 628 629 630 631 632 633 634 635 636 637 638 639 640 641 642 643 644 645 646 647 648 649 650 651 652 653 654 655 656 657 658 659 660 661 662 663 664 665 666 667 668 669 670 671 672 673 674 675 676 677 678 679 680 681 682 683 684 685 686 687 688 689 690 691 692 693 694 695 696 697 698 699 700 701 702 703 704 705 706 707 708 709 710 711 712 713 714 715 716 717 718 719 720 721 722 723 724 725 726 727 728 729 730 731 732 733 734 735 736 737 738 739 740 741 742 743 744 745 746 747 748 749 750 751 752 753 754 755 756 757 758 759 760 761 762 763 764 765 766 767 768 769 770 771 772 773 774 775 776 777 778 779 780 781 782 783 784 785 786 787 788 789 790 791 792 793 794 795 796 797 798 799 800 801 802 803 next »