Business


Israel Will Pay 'Higher Price' in Negotiations Due to Jerusalem Embassy Move Israel Will Pay 'Higher Price' in Negotiations Due to Jerusalem Embassy Move
- August 23, 2018

After sparking fury by moving the United States embassy in Israel to Jerusalem , President Donald Trump has now dangled a carrot in front of Palestinians by promising that they "will get something very good" in future negotiations. Peace Now says West Bank settlement plans increased to 6,742 units in 2017 compared with 2,629 the previous year, former US President Barack Obama's last in office. (more...)
Trump doesn't expect much from China trade talks this week Trump doesn't expect much from China trade talks this week
- August 23, 2018

The talks this week come as new US tariffs on $16 billion of Chinese goods take effect at 12:01 a.m. (0401 GMT) on Thursday, along with retaliatory tariffs from Beijing on an equal amount of USA goods. Mr Trump's administration is pressing China to make sweeping economic policy changes to better protect U.S. intellectual property, end its industrial subsidy efforts and open its markets to foreign competition. (more...)
Putin calls USA sanctions 'pointless' while praising Trump summit Putin calls USA sanctions 'pointless' while praising Trump summit
- August 23, 2018

Jeremy Hunt, the country's new foreign secretary, was expected to call on allies to "go further" in implementing comprehensive sanctions against Russian Federation, and for the European Union and the U.S.to stand "shoulder to shoulder" when faced with threats from Moscow . (more...)
China using Iranian ships to avoid oil sanctions China using Iranian ships to avoid oil sanctions
- August 23, 2018

However, India has cut back on the amount of oil it buys from Iran, citing concerns over losing access to the USA financial markets. Oil futures rose on Monday after weeks of declines, as investors grew more concerned about an expected fall in supply from Iran due to USA sanctions and anxious less that a trade war between the United States and China would hurt economic growth. (more...)
Venezuela issues new currency in attempt to boost its wobbling economy Venezuela issues new currency in attempt to boost its wobbling economy
- August 23, 2018

Opposition leaders seized on tension among residents, calling for a nationwide strike and protest Tuesday. "We will have a new floating exchange rate .it will start tomorrow", Maduro said, adding that the government as of next week plans to hold three auctions per week, which would later increase to five. (more...)
TRUMP TRADE: Mexican Officials Say NEW NAFTA DEAL Just Hours Away TRUMP TRADE: Mexican Officials Say NEW NAFTA DEAL Just Hours Away
- August 23, 2018

A spokesperson for the U.S. Trade Representative's office on Wednesday morning said there was no deal yet and that major issues remain. Canada has been waiting for the Mexican and US teams to reach common ground on autos before rejoining the negotiations. (more...)
At Target, Good News Isn’t Over Yet At Target, Good News Isn’t Over Yet
- August 22, 2018

Target's success is partly due to a strong consumer economy: Rising wages and low unemployment are helping retailers across the board. Traffic in stores and online rose 6.4 percent, the strongest showing since 2008 when it first started releasing that information. (more...)
Conoco to Recover $2 Billion in Agreement With Venezuela Conoco to Recover $2 Billion in Agreement With Venezuela
- August 22, 2018

Monday's statement from the Houston-based group said that PDVSA has agreed to recognise the judgment by an worldwide arbitration panel and will make the first £390m payment within 90 days and the rest over a period of some four years. After receiving two arbitration awards related to the nationalization of its assets in Venezuela, Exxon said in its most recent quarterly report that the South American country this year finished paying $260 million related to its La Ceiba project. (more...)
United States hits Chinese pipes with 132% import duties United States hits Chinese pipes with 132% import duties
- August 22, 2018

Commerce said China was selling the large diameter welded pipe used in the oil and gas industry far below the fair price, and that dumping harms USA industry, according to the preliminary decision. The Commerce Department said it will make a final ruling in November on whether the pipe from India and China is dumped into the USA market. "Commerce now maintains 458 anti-dumping and countervailing duty orders which provide relief to American companies and industries impacted by unfair ... (more...)
API: Oil prices fall on rising U.S. crude inventories, darkening economic outlook API: Oil prices fall on rising U.S. crude inventories, darkening economic outlook
- August 22, 2018

Oil in NY was capped at a 0.7 per cent gain yesterday despite the announcement that the USA and China will resume trade talks in an attempt to defuse geopolitical tensions. Two of the world's largest energy-focused hedge funds, Andurand Capital and BBL Commodities, suffered double-digit percentage losses in July as oil prices plunged by the most in two years, sources familiar with the matter told Reuters . (more...)
The rand climbs as dollar hit by Trump Fed comments The rand climbs as dollar hit by Trump Fed comments
- August 22, 2018

The dollar, on the ascent in recent months thanks to Fed rate rises and a robust U.S. economy, stumbled after Trump's latest criticism of the central bank. In his interview, Trump accused the European Union and China of manipulating their currencies, adding that Beijing was weakening the yuan to offset the effects of United States tariffs. (more...)
Paul Manafort guilty of eight charges in fraud trial Paul Manafort guilty of eight charges in fraud trial
- August 22, 2018

The payment dates and amounts are the same as those claimed by Stormy Daniels and Karen McDougal who say they had sexual relationships with Trump . Special counsel Robert Mueller's team is looking into Russian interference in the 2016 United States presidential election. Manafort was convicted Tuesday in Virginia on charges brought by special counsel Robert Mueller, who is investigating Russian interference in the 2016 election and potential obstruction of justice. (more...)
Trump's rant on interest rate rises depresses dollar Trump's rant on interest rate rises depresses dollar
- August 22, 2018

Trump said to Reuters about Powell. Most right-leaning economists and lawmakers say keeping rates low could risk rampant inflation and financial market bubbles. Scott's account is significant because Powell is under increasing White House pressure to back down from his goal to slowly raise interest rates. Trump followed up those comments with further complaints on Twitter . (more...)
Slack's Valuation Rises to $7.1 Billion Slack's Valuation Rises to $7.1 Billion
- August 22, 2018

With its latest funding, Slack now ranks as the 19th-most valuable so-called unicorn-a term for private startup companies worth at least $1 billion-based on data compiled by CB Insights . Slack, which offers real-time messaging for the workplace, said in its announcement it has more than eight million daily active users and more than 70,000 "paid teams" that subscribe to its premium services. (more...)
The bull that won't die: Wall Street hits record high The bull that won't die: Wall Street hits record high
- August 22, 2018

The S&P 500 crossed 2,872.87; the last time it reached that level was January 26, although it ended the day at 2,862.96. The index's bull-market run is now 3,452 days old and, on Wednesday, will mark the longest such streak in history, at least for some market watchers. (more...)
JPMorgan Offers Free Trades, Accelerating a Pricing War
- August 22, 2018

JPMorgan Chase & Co, (JPM.N) in a bid to lure customers from the discount brokerage industry, said on Tuesday it will begin offering free stock trades for self-managed accounts through its Chase mobile banking app starting next week. "We're very focused on delivering more service. All our analysis shows that those customers who do more than one thing with Chase will stay with us longer". (more...)
Brexit: chief negotiators vowed to make negotiations continuous - ANZ Brexit: chief negotiators vowed to make negotiations continuous - ANZ
- August 22, 2018

Responding to warnings from healthcare professionals and NHS chiefs that the United Kingdom could face medicine shortages if it crashes out of the European Union in March next year, Raab said: "Some of these hair-raising scare stories are very far from the truth". (more...)
Actions better than words, Russian Federation tells Trump Actions better than words, Russian Federation tells Trump
- August 21, 2018

Whitehouse went on to give Trump's national security team credit for continuing to call out Russian Federation for trying to interfere in American democracy, despite the unusual statements that the president regularly makes. Separately, the Treasury Department targeted several Russian shipping companies and vessels for violating United Nations sanctions on North Korea for its nuclear program. (more...)
Trump vows 'no concessions' with Turkey over detained U.S. pastor Trump vows 'no concessions' with Turkey over detained U.S. pastor
- August 21, 2018

Ties between Turkey and the US have deteriorated over a number of issues, such as conflicting aims in the Syrian conflict, Ankara's planned buy of a Russian anti-aircraft system, and the detention of US Evangelical pastor Andrew Brunson, who Turkey accuses of supporting terrorist groups. (more...)
PETA Frees Animal Crackers From Cages — Not The Onion PETA Frees Animal Crackers From Cages — Not The Onion
- August 21, 2018

Instead of animals caged in a boxcar on their way to a circus, the animals are now roaming free - side-by-side in a grassland. PETA also brought to light dubious practices like circuses separating mothers from their babies and holding animals in chains and cages. (more...)
Post Malone’s plane preparing for emergency landing at Mass. airport Post Malone’s plane preparing for emergency landing at Mass. airport
- August 21, 2018

The plane, a Gulfstream Aerospace GLF-4 aircraft, was being diverted to Westfield-Barnes Regional Airport in MA, a Federal Aviation Administration official told ABC News. Two of the aircraft's tires blew off, and the plane is now circling Westfield-Barnes Regional Airport in MA, preparing to make an emergency landing, ABC7 reported . (more...)
USA sanctions Russian shipping companies
- August 21, 2018

They block the two Russian shipping companies' assets in the US and ban Americans from dealing with them. The Obama administration sanctioned the FSB in December 2016, citing the Russian government's aggressive harassment of US officials and cyber operations aimed at the 2016 USA presidential election. (more...)
Asia stocks capped, dollar droops following Trump comments
- August 21, 2018

Trump and National Economic Council Director Larry Kudlow have both called on Powell to ease off rate hikes to keep the booming economy growing and dismissed concerns about inflation. Still, it might affect candidates for openings on the bank's seven-member board, said Guy LeBas, fixed income strategist at Janney Montgomery Scott in Philadelphia. (more...)
Drunk man arrested for peeing on passenger during flight to Japan Drunk man arrested for peeing on passenger during flight to Japan
- August 21, 2018

The incident occurred on an All Nippon Airways flight on Friday. The victim, a 50-year-old Japanese man, stated that he had had no previous contact with the American. Denish Kishorchandra Parekh, a 24-year-old engineer, denied the allegation and told the police that he did not remember the incident because he was drunk. (more...)
Runaway Goats May Have Caused the First Cute Subway Delay Ever Runaway Goats May Have Caused the First Cute Subway Delay Ever
- August 21, 2018

The goats, who have been dubbed Billy and Willy, were reportedly wandering around a section of the N Line that was closed for the summer but came very close to venturing onto live tracks. They are safe and not affecting the service at the moment. But it's how this story ends that makes it a tale worthy of the Big Apple: The goats were eventually rescued by Jon Stewart . (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 next »