Finance

by | August 05, 2018 | 20:12

The US economy added 157,000 jobs in July - 33,000 fewer than expected and well below the 248,000 created in June. Hary Bottka, senior vice president at Randstad Sourceright, which manages hiring for clients in the manufacturing, financial services and health care industries, says companies are increasingly thinking about converting contract workers, over time, to permanent employees.

by | August 04, 2018 | 15:33

That could be announced as early as Wednesday (August 1). The plan to more than double the tariff rate was first reported by Bloomberg News. China , which has accused the United States of bullying, again vowed to retaliate if Trump proceeds with the measures, warning that pressure tactics would fail.

by | August 03, 2018 | 14:18

The one reason that may have prompted the RBI to hike interest rates is the core inflation, which has been on a upsurge. After the result of the referendum, the Bank of England cut interest rates to 0.25% - and raised them back again last November - and Carney said this action had been justified as the United Kingdom economy had grown less quickly than the Bank would have expected without Brexit .

by | August 02, 2018 | 16:30

He told analysts their questions were boring and refused to answer them, and he spent a significant amount of time fielding questions from a YouTuber. Bloomberg News reported earlier Wednesday that the company would look to China to at least partially fund the US$5 billion cost, citing a person familiar with the plans, who asked not to be identified as the matter is private.

by | August 02, 2018 | 10:58

Turkish President Recep Tayyip Erdogan has long cited a separation of powers to say that he has no control over his country's judiciary, although in the past he has expressed an interest in trading "pastors" with the United States. Vice President Mike Pence warned Turkey last week at the State Department's first Ministerial on Religious Freedom that if it did not release Brunson, it would face US sanctions.

by | August 01, 2018 | 09:00

Billions of dollars that Apple has been spending to buy back shares could soon help propel the company past the one-trillion-dollar mark for market value. Investors were expecting Apple to post at least $51 bilion in revenue , but the iPhone-maker has come away with $53.3 billion in income, marking a 17% increase from last June quarter.

by | July 31, 2018 | 17:46

In an investor communication, Harley-Davidson said, "We intend to enter into a strategic alliance in Asia to launch a 250-500cc motorcycle within 2 years in India, and into other emerging markets in Asia over time". Harley-Davidson will also open smaller storefronts in urban areas. Sales have fallen in the past year, and Harley-Davidson stock has declined 15 percent so far this year.

by | July 30, 2018 | 07:14

The two sides said they would seek to resolve a dispute over steel and aluminum. With the United States threatening to impose punishing new tariffs on European Union auto exports, Juncker said: "We are close partners, allies - not enemies".

by | July 28, 2018 | 20:18

Twitter , like bigger rival Facebook has been under pressure from regulators in several countries to weed out hate speech, abusive content and misinformation, better protect user data and boost transparency on political ad spending. Over the past several months, the company said it's been more aggressively removing accounts that violate its rules. The number of users could also decline in the third quarter, Twitter warned.

by | July 28, 2018 | 19:40

But Facebook , which reported sales growth averaging 50 percent the past 10 quarters, may just be lowering the bar so it can win back confidence in future quarters. The company also said revenue growth from emerging markets and the company's Instagram app, which has been less affected by privacy concerns, would not be enough to fix the damage.

by | July 26, 2018 | 13:59

Since that day, more than 14 million winning tickets have been sold. Million-dollar winning Mega Million tickets were sold in Arizona, Massachusetts, Michigan, Minnesota, and two were sold in New Jersey. But on Tuesday, it wasn't just the jackpot victor who got lucky. A winning Mega Millions ticket worth $522 million was sold to a single victor in California.

by | July 26, 2018 | 13:28

Trump also said the European Union had agreed to buy "a lot of soybeans" and increase its imports of liquefied natural gas from the U.S. And the two agreed to resolve a dispute over U.S. Northeast Wisconsin farmers will soon see part of $12 billion worth of tariff relief, in response to trade issues with countries like China. Schweitzer said European companies also faced other non-tariff barriers to doing business in the United States, for instance in winning government contracts, or ...

by | July 26, 2018 | 10:45

Growth in the number of users who logged in each day fell short, too, up 11 percent year-over-year at 1.47 billion but still less than the 1.49 billion anticipated. The number of daily active users in Europe fell by 3 million people from the first quarter, dropping to 279 million. "We also believe "considerable strength" from the Instagram side of the house has neutralized any soft spots on the core Facebook platform in our opinion".

by | July 24, 2018 | 18:55

Musk, Tesla's co-founder and CEO, confirmed on Twitter that Tesla is asking for money from its suppliers. Chief executive and top shareholder Elon Musk has said that Tesla intends to become profitable in the second half of 2018, and analysts said Monday that the memo is an attempt to meet that goal.

by | July 23, 2018 | 14:40

This will occur at the next shareholder's meeting which will be "called in the coming days". Adding that his "first thoughts go to Sergio and his family", Elkann asked everyone to respect Marchionne's "privacy and that of all those who are dear to him".

by | July 23, 2018 | 12:37

Soybeans were the United States' biggest agricultural export to China , worth $12 billion a year ago. "The market was caught a bit off guard". Many analysts now fear there will be no significant movement towards resolution until after US mid-term elections in November.

by | July 23, 2018 | 10:52

Speaking to reporters on the sidelines of the 28th GST Council meeting, the minister also said the tax on bamboo was also slashed to 12 percent. "Refrigerators, small televisions, of upto 25 inches, lithium ion batteries, vacuum cleaners, domestic electrical appliances, such as food grinders, mixers.storage water heaters, immersion heaters, hair dryers, hand driers, electric smoothing irons", among others have been brought to the 18 per cent slab", Goyal said.

by | July 21, 2018 | 11:43

CFO Amy Hood emphasized, "Exceptional sales execution delivered double-digit revenue growth across all segments and strong progress against our strategic priorities, anchored by commercial cloud revenue". Its market cap edged above $800 billion for the first time earlier this month. The company's own forecast was for $28.8 billion to $29.5 billion. "I don't see anything that should raise an eyebrow of concern", said Daniel Morgan, a portfolio manager at Synovus Trust who holds 418,716 ...

by | July 21, 2018 | 11:11

And while Trump's commentary on interest rates and the Fed Friday morning was framed around his displeasure with key US trading partners and their currency policy, he is being very frank about his preferences for how the Federal Reserve conduct its monetary policy.

by | July 21, 2018 | 07:53

Notwithstanding, the irony of the situation is that even though this production level blew away expectations and is indeed historic, it still may not be enough to satisfy our raging ravenous oil demand in the short term. But today, Adeeb Al-Aama, Saudi Arabia's OPEC governor, said that the Kingdom's July crude oil exports would be similar to June's, and that August's exports would be 100,000 bpd below that.

by | July 19, 2018 | 05:44

She continued to say Google has been "denying rivals a chance to innovate and compete on the merits ". European officials concluded that the signed agreements Google required could not be refused and therefore limited competition. for sensitive talks on the tariffs dispute. The Journal explains that all but about 20% of all smartphones run on the Android operating system, and the allegation was that Google used that dominance as leverage to push its own apps.

by | July 18, 2018 | 10:45

Tesla stock has plunged more than 16% since last month, shaving billions of dollars off the company's market value at a time when it still depends on investor cash and confidence. Musk's tweets have since been deleted. Asked by Australia's Channel 7 News on Monday whether he was considering taking legal action , the British caver Vernon Unsworth quickly replied.

by | July 10, 2018 | 08:12

The Thai engineer wrote that he had helped connect Musk's companies with the Thai government. "Should create an air tunnel underwater against cave roof & auto-conform to odd shapes like the 70cm hole". And on Twitter , he's also been offering outside-the-box ideas to help rescuers. Mr Musk's tunnelling start-up Boring could potentially make available its massive drills or excavation expertise, but such an approach could be too unsafe for this mission.

by | July 04, 2018 | 01:04

The most popular purchase a year ago was the Echo Dot . To be honest, it's not much different than Black Friday or Cyber Monday. Stay tuned to iPhone in Canada as we'll keep you up to date on all the Prime Day 2018 sales in Canada, like previous year.

by | July 03, 2018 | 01:14

James will make $25.65 million next season. "The one thing that I've always done is consider my family, understanding especially where my boys are at this point in their age", James announced after the Cavaliers' June 8 loss. "This might be bad for Cleveland, bad for the Eastern Conference, and, if Kawhi arrives behind James, bad for competitive balance". Just today, Russian Federation knocked off Spain, LeBron James announced his intentions to sign with Los Angeles Lakers and now, ...

by | July 03, 2018 | 00:47

In a very tangible sense, Tesla views its production line as a laboratory for untested techniques. Indeed, Tesla had constructed a whole new General Assembly line, GA4, in a sizable tent facility outside of the factory. "Consistently producing 5,000 per week with outstanding quality is another". Mr Tusk enthusiastic announcement prompted a tongue-in-cheek response from Steven Armstrong, chairman and chief executive for Europe, the Middle East and Africa at Ford, the 115 year-old USA ...

by | July 01, 2018 | 12:54

Saudi Arabia said in a statement on the state-run Saudi Press Agency on Saturday that King Salman had received a telephone call from Trump and the two discussed the need to make efforts to " maintain the stability of oil markets ". "Prices too high! He has agreed!" Oil prices had weakened over the past month following a call from President Trump for OPEC to increase production in response to rising oil prices.

by | June 30, 2018 | 16:02

President Trump's tariffs on Canadian products and attacks against Prime Minister Justin Trudeau have prompted the mayor of Ottawa , the country's capital and fourth-largest city, to skip an invite-only Fourth of July party being held at the USA ambassador's residence next week.

by | June 30, 2018 | 15:51

We will miss our conversations of everything, and nothing, and the dreams we had. "I$3 remember when I was a kid going to LA for the first time and it's so sad to go". Thank you for everything'. "I'm never going to have a job like Toys R Us", said long-time employee Patty Van Fossan, 54, from Boardroom, Ohio, who was among a group of workers at protests in NY, fighting for severance that they believe they are owed.

by | June 26, 2018 | 15:31

Harley, which sold almost 40,000 motorcycles in Europe a year ago, said it planned to absorb those costs rather than pass them onto customers and risk hurting sales. "Taxes just a Harley excuse - be patient!" he added. United Steelworkers, a labor union representing some of the motorcycle maker's USA employees, said Monday that Harley-Davidson had long since begun to shift its manufacturing operations overseas.