Business

Trump comments on China spook Wall Street

Trump comments on China spook Wall Street Trump's announcement came after China earlier Friday threatened to impose additional tariffs on $75 billion in American goods, including soybeans, cars and oil. China's Commerce Ministry issued a statement Saturday condemning Trump's threat, saying, "This kind of unilateral, bullying trade protectionism and maximum pressure go against the consensus reached by the two countries' heads of state, v... [Full Article...]

Irish High Court blocks proposed Ryanair pilot strike

Irish High Court blocks proposed Ryanair pilot strike Adding, "All Ryanair flights scheduled to depart on Thurs 22nd and Friday 23rd from Irish airports will now operate as normal". All initial Ryanair flights to and from British and Irish airports departed without disruption, the airline said, as some of its British-based pilots began a 48-hour strike . [Full Article...]

China To Raise Import Tariffs On $75B Additional US Goods

After a meeting between Trump and Chinese President Xi Jinping in July, Beijing offered to alter its plans, but talks are now deadlocked over how to enforce any deal. Beijing also announced it will reimpose a 25 percent tariff on U.S. autos and a 5 percent tariff on auto parts, also starting December 15. "We work closely with Customs and Border Protection and all law enforcement and regulatory... [Full Article...]

Apple's noise-canceling AirPods and cheaper HomePod expected in 2020

Apple's noise-canceling AirPods and cheaper HomePod expected in 2020 When will the new iPhones launch? Apple fans will soon have three new iPhones to choose from. The new phones will also be able to capture three photos at once - and then combine the images to create the best-possible image. The entry-level iPad will come in at 10.2 inches, but that's about all the information we have on that. And with Trump seemingly attempting to cool trade war tensions... [Full Article...]

European shares grind higher ahead of Powell speech

European shares grind higher ahead of Powell speech President Donald Trump has lashed out at the Federal Reserve chairman, after Jay Powell refused to cut interest rates to Trump's liking, a move that would have given the president ammunition to escalate his trade war with China . The Fed chief is caught between discord within the US central bank over appropriate monetary policy and mounting outside pressure for more interest rate cuts. [Full Article...]

Home, vehicle loans and consumption goods to get cheaper: FM Sitharaman

Home, vehicle loans and consumption goods to get cheaper: FM Sitharaman India's economic growth has slowed in the past three consecutive quarters, losing its status as the world's fastest-growing major economy to China, with unemployment at its highest since the 1970s. However, she remained tin-eared on the eagerly-awaited GST rate reduction from 28 to 18 per cent on autos, as it's 'the prerogative of the GST Council'. [Full Article...]

These Economies Are Benefiting From the U.S.-China Trade War

These Economies Are Benefiting From the U.S.-China Trade War Davie Stephens, president of the American Soybean Association (ASA), says that his organization has requested once, and is doing so again, for an end to the tariffs on US soybeans. That tariff was expected to be introduced on 1 September, but less than two weeks later Mr Trump delayed that date to 15 December over concerns it might hit Christmas shoppers. [Full Article...]

Qantas to test 'ultra long-haul' Sydney to NY, London flights

Qantas to test 'ultra long-haul' Sydney to NY, London flights If the flight comes to be, it's unlikely to significantly change the aviation industry, he says, pointing to the existing 17-hour flights between Singapore to NY operated by Singapore Airlines. The tests are part of Project Sunrise, the airline's ambitious plan to operate regular flights from the east coast of Australia to London and NY. [Full Article...]

United Kingdom ministers set to pull plug on European Union meetings from September 1

United Kingdom ministers set to pull plug on European Union meetings from September 1 Parliament will resume their session in September, lending to the sense of urgency. This sentiment is being upheld as a key reason, with diplomatic time being prioritised elsewhere to prepare for the outcome of October 31st. Less than 50% of UK-based businesses have begun making contingency plans for a potential no-deal Brexit . But Johnson said he will continue to attend meetings in which the ... [Full Article...]

Fed officials widely divided on rates at July meeting

Fed officials widely divided on rates at July meeting Also, Trump on Tuesday insisted the economy was doing well, denying warnings from some quarters-including top economists-that the United States was heading for a recession within two years. "If the Fed would do its job, you would see a burst of growth like you have never seen before", he told reporters Tuesday. Federal Reserve officials who voted to lower interest rates at the end of July saw th... [Full Article...]

Trump calls on Federal Reserve to cut interest rates

Trump calls on Federal Reserve to cut interest rates President Barack Obama temporarily cut payroll taxes to act as a counterweight to the 2009 recession. The plans reveal the administration's top economic aides' growing concerns about a possible slowdown as the 2020 election nears - despite the President Trump's glowing reviews of the USA economy, The Washington Post reported . [Full Article...]

U.S. economists expect recession in 2020 or 2021

U.S. economists expect recession in 2020 or 2021 At higher wages". Our Economy is very strong, despite the horrendous lack of vision by Jay Powell and the Fed, but the Democrats are trying to "will" the Economy to be bad for purposes of the 2020 Election. Trump also wrote on Twitter, "Our economy is the best in the world, by far". Economists polled by NABE expressed concern that US tariffs on China and other countries, as a well as higher fe... [Full Article...]

Bugatti Centodieci hypercar unveiled, has 1577 horsepower

Bugatti Centodieci hypercar unveiled, has 1577 horsepower It pays tribute to the EB110, the company's famous supercar of the 1990s. Volkswagen Group purchased the Bugatti brand name in 1998 and built its modern production facility at Bugatti's ancestral home in Molsheim, France. That claim of dominance was renewed this morning with the debut of the Bugatti Centodieci during the Quail, A Motorsports Gathering at the Quail Lodge & Golf Club in Ca... [Full Article...]

US Government to give Huawei another temporary reprieve

US Government to give Huawei another temporary reprieve When the US Bureau of Industry and Security (BIS) put Huawei on its " entity list ", thus prohibiting US companies and any others that want to stay in the US's good books from doing business with it, there were a number of stated reasons for doing so. [Full Article...]

China trade war will help Samsung, says Apple CEO

China trade war will help Samsung, says Apple CEO The move is seen as a retaliatory move against the Chinese government over a failed trade deal. CEO Tim Cook had a dinner meeting with Trump on Friday night, and the president described what happened to the press. "The Chinese producers we compete with in global markets do not have a significant presence in the USA market, and so would not be impacted by USA tariffs". [Full Article...]

Eurozone growth figures to be released as headwinds batter second largest economy

Eurozone growth figures to be released as headwinds batter second largest economy The German government already announced in April that it would lower the growth forecast for the year. While fears of a chaotic Brexit are helping to drag down the German economy, global trade conflicts and troubles in the auto industry have been mainly blamed for the weak performance of the largest member of the 19-country euro currency union. [Full Article...]

WeWork Files for IPO With Billions in Revenue and Losses

WeWork Files for IPO With Billions in Revenue and Losses WeWork was already drawing fire when it was worth $20 billion. The filing with the U.S. Securities and Exchange Commission underscores We Company's rapid growth but also the billions of dollars it is investing to fund its expansion. Unlike tech companies, it invests relatively little in R&D (what is there to research?), its investments in property and equipment are in bricks-and-mortar, ref... [Full Article...]

Stock market gyrates as the economic picture gets blurred

Stock market gyrates as the economic picture gets blurred The 10-year yield has sunk so much that on Wednesday it dipped below the yield of the two-year Treasury, a rare occurrence and one that historically has suggested a recession may be a year or two away. The bounce for yields follows a weeklong slide that included a sharp drop on Wednesday that rang yet another alarm bell for the economy. The Dow Jones Industrial Average rose 129 points Thur... [Full Article...]

USA stocks steady after plunge; caution remains - Newswatch

USA stocks steady after plunge; caution remains - Newswatch The S&P 500 moved between modest gains and losses in morning trading after suffering a steep decline a day earlier, when stocks tumbled after a fairly reliable warning signal of recession emerged from the bond market. When investors worry about weaker economic growth and inflation, they tend to pile into Treasurys, which pushes up their prices and in turn pushes down yields. [Full Article...]

U.S. FDA Proposes Graphic Warnings On Cigarette Packs, Advertisements

U.S. FDA Proposes Graphic Warnings On Cigarette Packs, Advertisements The FDA has shared images showing the types of labels that may be featured on cigarette packages under this proposed rule , including one showing someone's chest after having open heart surgery, another showing a pale child with an oxygen mask, and another showing a container containing bloody urine meant to represent bladder cancer. [Full Article...]


« 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  Next »