Business

Khabib vs McGregor set for October 6

Khabib vs McGregor set for October 6 After naming major fights for the upcoming months, UFC 229 was curiously omitted, which led to speculation that a McGregor-Nurmagomedov fight would be announcd. "And obviously for Conor, coming back from a two-year layoff, in my opinion - and it's insane to say this because of how popular he is around the world - but he's one of the most underrated fighters in the UFC . [Full Article...]

Will you attend Trump's rally in DE next week?

Will you attend Trump's rally in DE next week? Though boisterous and bellicose, Trump steered clear of the trouble he stirred up the night before when he blasted one of Ohio's favorite sons, LeBron James on Twitter, questioning James' intelligence. He won late endorsements from President TrumpDonald John TrumpPastor at Trump rally prays to shield Trump from "jungle journalism" Bill Russell: Being criticized by Trump is the "biggest compliment... [Full Article...]

Oil futures steady on market's long-term bearish focus

Oil futures steady on market's long-term bearish focus Brent crude futures LCOc1 settled at $73.21 per barrel, down 24 cents from their last close. While U.S. sanctions on Tehran could quickly tighten the physical market later this year, supplies are now plentiful as the Saudis and Russians boost production before the market loses significant Iranian supply. [Full Article...]

Ryanair proposes third-party mediator for Irish pilots union talks

Ryanair proposes third-party mediator for Irish pilots union talks Ryanair pilots based in Belgium have been called out to strike on the 10th of August, the Christian trade union , CNE, and the Belgian Cockpit Association, BeCA, announced on Wednesday. With a fifth strike day looming that meeting appears to be off the table with Ryanair saying it would be "pointless". As a result, Ryanair has cancelled 104 flights to and from Belgium on Friday, 22 to and from ... [Full Article...]

Bank of England raises United Kingdom interest rates

Bank of England raises United Kingdom interest rates Reverse repo rate stands adjusted to 6.25 percent and the marginal standing facility (MSF) rate and the Bank Rate has been adjusted to 6.75 percent. Kundu said he expects India to hike rates again before the fiscal year ends in March 2019. [Full Article...]

Employment overall lags, while trucking adds 4400 jobs in July

Employment overall lags, while trucking adds 4400 jobs in July Despite the attention given to the "retail apocalypse", retailers have actually added 96,000 jobs in the past 12 months. But, as with small businesses, manufacturers are having trouble filling job openings, she said. That was an improvement over a 4-cent gain in June. Prices of U.S. Treasuries were slightly higher. About 37,000 were added in manufacturing, 34,000 in healthcare and 26,000 in food... [Full Article...]

Iranian protesters attack Islamic school as sanctions loom

Iranian protesters attack Islamic school as sanctions loom The Iranian rial has dropped to a record low amid growing concerns about renewed USA sanctions, which kick in on Monday. Three months ago, the U.S. withdrew from a 2015 agreement among world powers and Iran in which global sanctions against Tehran were lifted. [Full Article...]

Apple CEO: $1 Trillion Value Not Most Important Measure Of Success

Apple CEO: $1 Trillion Value Not Most Important Measure Of Success When Amazon was a hot target of speculation, the most closely watched number other than company market value was potential changes in CEO Jeff Bezos' net worth , as it changed every previous time Amazon shares fluctuated. In a memo sent Thursday to Apple employees , CEO Tim Cook called the valuation a "significant milestone" but added that it wasn't the "most important measure" of the compa... [Full Article...]

Soaring temperatures across Europe as heatwave continues

Soaring temperatures across Europe as heatwave continues They were a 48-year-old man working on road works and a 78-year-old man who was working on his allotment, Cadena Ser said. The near-record high temperatures across Europe have been caused by an area of high pressure sitting off the shore of Portugal which has been drawing up hot air from the Sahara, say forecasters. [Full Article...]

Oil prices drop on oversupply concerns as OPEC output increased in July

Oil prices drop on oversupply concerns as OPEC output increased in July WTI traders continue to be vexed by USA oil supplies, which are swinging between expansion and contraction at irregular intervals. US crude inventories USOILC=ECI rose 3.8 million barrels last week as imports jumped, the government's Energy Information Administration said . [Full Article...]

China urges U.S. to return to reason

China urges U.S. to return to reason It's the same story for liquefied natural gas (LNG), with only one USA cargo booked for arrival in August, and it departed the Gulf of Mexico on July 1, before much of the current escalation in the trade dispute. China says the United States is trying to stop the rise of a competitor and it has imposed its own tariffs on US goods. Meanwhile, the Chinese economy is likely to feel a pinch, but tha... [Full Article...]

Turkey lira slumps to record lows over USA sanctions

Turkey lira slumps to record lows over USA sanctions Turkish Foreign Minister Mevlut Cavusoglu was quoted by media Friday as saying that Ankara was preparing to respond to Washington in equal measures. Cavusoglu, in comments to Turkish broadcasters, said he and Pompeo had also discussed potential joint steps the two countries could take regarding Syria's Idlib and Manbij. [Full Article...]

China warns of new tariffs on US goods

China's Finance Ministry unveiled the new tariffs on 5,207 goods imported from the United States in a statement on its website yesterday evening. The new China tariffs on the US will impact metals, chemicals, and agriculture-related items. [Full Article...]

Apple Becomes First Public Trillion Dollar Company; Beats Amazon, Microsoft, And Google

Apple Becomes First Public Trillion Dollar Company; Beats Amazon, Microsoft, And Google The Silicon Valley stalwart's stock has surged more than 50,000 percent since its 1980 initial public offering, dwarfing the S&P 500's approximately 2,000 percent increase during the same nearly four decades. Apple has seen sales of Mac computers grow despite overall shrinking in the market. It is now almost 10 times the value of each of India's two most valued companies, Tata Consultancy Serv... [Full Article...]

Apple Becomes World’s First Trillion-Dollar Company

Apple Becomes World’s First Trillion-Dollar Company Apple announced $100 billion in stock buybacks on May 1, the largest repurchase ever by a USA public company. Amazon is worth almost $900 billion while Google and Microsoft are each now worth more than $800 billion. Cook hasn't escaped criticism, however. " Apple is approaching the upper limits of what it can comfortably charge consumers for the iPhone", Neil Mawston, an analyst at Strat... [Full Article...]

Bank of England raises interest rates to 0.75%

Bank of England raises interest rates to 0.75% Here, we have selected eight to answer. But while announcing mortgage hikes institutions including Lloyds, Nationwide, RBS Barclays and HSBC, remained silent on whether the rate rise would be passed onto savers . Max asks: I live in the euro area with a pension from the UK. Bank of England Governor Mark Carney speaks during the central bank's quarterly inflation report press conference in... [Full Article...]

Tesla burns $739.5 million in cash on way to record 2Q loss

Tesla burns $739.5 million in cash on way to record 2Q loss That put it on track to retake the title of most valuable US automaker from General Motors Co (GM.N). In a statement released after the markets closed Wednesday, Tesla said it expects to produce 50,000 to 55,000 Model 3s in the third quarter, an increase of at least 75 percent from the first quarter . [Full Article...]

USA slaps sanctions on Turkish officials over detaining of American pastor

USA slaps sanctions on Turkish officials over detaining of American pastor While negotiations for his release were ongoing, President Donald Trump promised "large sanctions" in a tweet Wednesday. The two ministers will have any assets and properties under USA jurisdiction blocked and US persons will be prohibited from engaging in financial transactions with the ministers, CNN reported . [Full Article...]

Asia shares subdued for central bank, data test

German and French government bond yields dropped 3 to 4 basis points after the Bank of Japan move and the euro EUR=EBS hopped a fifth of a percent higher at $1.17230. The central bank has failed to break Japan's entrenched deflationary mindset despite years of heavy money printing, with stubbornly soft inflation sapping its ammunition and global trade woes clouding the outlook for an export-... [Full Article...]

Trader Joe's, Kroger wraps and salads may be affected by parasite

The affected items were produced between July 15 to 18, and have "Best By", or "Sell By" dates ranging from July 18 to 23. "39985 or P-39985". Officials say the products were also sold at Kroger and Walgreens stores. The infection can cause Cyclosporiasis. Last month, Chicago-based McDonald's temporarily stopped selling salads at 3,000 restaurants in 14 states, mostly in the Midwest, after a... [Full Article...]


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