Finance

by | September 01, 2018 | 17:42

If I say no, the answer's no". The U.S. wanted to trigger the countdown soon enough so that the deal could be signed by outgoing Mexican President Enrique Pena Nieto, who will be succeeded by left-wing populist Andres Manuel Lopez Obrador at the beginning of December.

by | August 30, 2018 | 12:00

Responding to a Twitter user, Mr Musk said: "You don't think it's unusual [Mr Vernon] hasn't sued me?" My son is in London on business at the moment but... It's unclear if Musk read or reviewed the notice. "We will make one of the mini-sub/pod going all the way to Cave 5 no problemo", Musk said in a since-deleted tweet .

by | August 27, 2018 | 11:10

Part of Powell's rationale for raising rates is that with unemployment at 3.9 percent, inflation will not stay low forever, so rates need to rise somewhat. The president has complained that the Fed's tightening of credit could threaten the continued strong growth he aims to achieve through the tax cuts enacted late a year ago, a pullback of regulations and a rewriting of trade deals to better serve the United States.

by | August 26, 2018 | 12:28

Despite the logistics changes, China , the largest Iranian oil buyer, has said it won't halt purchases as requested by the U.S. India, the second biggest purchaser of Iranian crude, has also adapted to the changes, contracting NITC to carry and deliver its supplies.

by | August 26, 2018 | 11:59

The index's bull-market run - a period of rising share prices without a 20% fall, which would indicate a bear market - is now 3,452 days old and on Wednesday is set to become the longest such streak in history. DJI fell 75.62 points, or 0.29 percent, to 25,746.67, the S&P 500 . SPX lost 0.82 points, or 0.03 percent, to 2,862.14 and the Nasdaq Composite . IXIC added 23.60 points, or 0.3 percent, to 7,882.77.

by | August 26, 2018 | 12:00

The letter directly referred to the Pennsylvania report, which "detailed the experiences of at least 1,000 survivors, victims of sexual abuse, the abuse of power and of conscience at the hands of priests over a period of approximately 70 years", the Pope wrote.

by | August 24, 2018 | 02:17

The Solicitor-General was dragged into the internal brawl yesterday when Mr Turnbull asked him to rule on whether Mr Dutton has breached Section 44 of the Constitution, banning MPs benefiting from government payments. But less than 24 hours after their "just smile and wave boys, just smile and wave" press conference, three of Turnbull's biggest allies Mathias Cormann, the government leader in the Senate, communications minister and deputy government Senate leader Mitch Fifield, and jobs ...

by | August 24, 2018 | 01:26

Two executives of the company that publishes the National Enquirer were granted immunity by prosecutors investigating payments arranged by U.S. President Donald Trump's former personal lawyer, Michael Cohen , to silence two women who said they had sex with Trump, the Wall Street Journal and Vanity Fair reported on Wednesday .

by | August 22, 2018 | 14:26

Trump told Reuters on Monday that the probe by the Special Counsel's office into Russian interference in the 2016 election has "played right into the Russians - if it was Russia". It was just the latest example of Trump casting doubt on the USA intelligence community's assessment that Russian Federation interfered in the election.

by | August 19, 2018 | 14:05

According to the New York Times , Google employees are anxious that they have been unwittingly working to facilitate a strictly-controlled internet for Chinese users that could block search access to topics such as human rights and environmental protection.

by | August 18, 2018 | 18:54

Musk said there were times he didn't leave the factory for three or four days at a time and days when he didn't go outside. Members of the Tesla Board of Directors have anxious Elon doesn't sleep after taking Ambien . He attributed a lot of his stress to short-sellers who bet against Tesla's stock, saying he's preparing himself for "at least a few months of extreme torture from the short-sellers, who are desperately pushing a narrative that will possibly result in Tesla's ...

by | August 18, 2018 | 18:47

Albayrak's ministry said they had discussed USA sanctions against Turkey and agreed to act together in responding to such moves and to boost cooperation between their countries. sanctions against Turkey. "Volatility seems to have fizzled out in the last 24 hours and the stability in the renminbi has helped emerging market currencies", he said, while cautioning that Italian political uncertainty would limit any euro upside.

by | August 18, 2018 | 18:24

Turkish President Recep Tayyip Erdogan on Saturday blasted what he called an "attempted economic coup" amid heightened tensions with the U.S. Strategic alliance or Muslim solidarity? Turkey has repeatedly said the presence of terror forces near its border constitutes a threat and has launched military operations and other efforts to rid the region of terrorists.

by | August 17, 2018 | 16:44

The White House has said that Turkey's tariff hikes on U.S. products in retaliation for sanctions against Ankara were "regrettable" and again called for the immediate release of American pastor Andrew Brunson . He asked Mnuchin for an update on sanctions punishing Turkey for pastor Andrew Brunson's detention. In return, President Recep Tayyip Erdogan signed a decree to raise tariffs on American imports including cars, alcohol and tobacco.

by | August 17, 2018 | 15:39

The US has also been irritated by Turkey's decision to buy a Russian missile defence system earlier this year, while Ankara has hit out at Washington's backing of Kurdish rebels in Syria. A decree by Erdogan doubled Turkish tariffs on imports of US passenger cars to 120 percent, alcoholic drinks to 140 percent and leaf tobacco to 60 percent.

by | August 17, 2018 | 13:57

In an attempt to solve the trade conflict between the United States and China, Beijing will send a delegation to meet with USA counterparts in Washington later this month. Easing trade tensions helped lift Chinese copper futures off 14-month lows. Prices of Chinese farm goods fell amid hopes that supplies of USA soybeans, used to make cooking oil and animal feed, may resume if talks bring an end to the dispute.

by | August 15, 2018 | 19:42

The blaze, one of the largest of dozens that have burned across California this summer, has charred almost 97,000 acres around the park's northwestern corner, but fire crews have carved containment lines around 86 percent of its perimeter. Though temperatures had dropped from their triple-digit highs in recent days, they were expected to stay above 90 degrees F (32 C) through Friday. Fire crews are working tirelessly in sweltering conditions, battling multiple fires.

by | August 15, 2018 | 19:17

Around two-thirds of US oil producers failed to balance costs in the second quarter, despite crude oil prices rising above $70 per barrel, the Wall Street reports. Prices have been suppressed below US$70 this month as fears of a trade war between the U.S. and China temper gains, with neither side showing signs of backing down.

by | August 15, 2018 | 14:24

Ingegneri.info said that bridges like the Morandi viaduct should have a lifespan of at least a century, but the structure has been the subject of major maintenance work in the years after its completion, in particular to fix cracks and combat degradation of the concrete.

by | August 15, 2018 | 12:12

USA sanctions against two Turkish ministers have sent the lira spiralling against the dollar, threatening a debt payment crisis for Turkish banks which have taken out billions in foreign currency loans. "We will stand against the dollar, currency rates, inflation , interest rates". The Erdogan government's foreign policy has cut across United States geostrategic aims in the Middle East and more broadly in Eurasia.

by | August 14, 2018 | 18:25

The two lawsuits filed by Isaacs and William Chamberlain on Friday alleged that Musk and Tesla's behaviour following the tweets violated U.S. securities law, and artificially inflated the company's share price. In the days following Musk's tweet, Tesla stock tumbled back down to around $353 per share. Tesla's Board of Directors has now indicated that it will meet with financial advisors during the week of August 13 to come up with a formal process to evaluate Musk's proposal to ...

by | August 14, 2018 | 15:27

The yen slipped from highs as the dollar was helped by rises in U.S. bond yields. It fell as much as 12 percent at one stage on Monday , then recovered to a loss of 8.5 percent. "What we can do is proved by what we have done so far". That suggests a stronger dollar, " he said. Japan's Nikkei rose 2.3 per cent and Australian stocks added 0.8 per cent.

by | August 11, 2018 | 18:39

Today's unprecedented simultaneous strike action by Ryanair pilots is the latest headache in a turbulent summer for Europe's second-largest airline. "For decades Ryanair has refused their employees basic labour rights most employees on the labour market take for granted, but here a strike is necessary to show the airline that it no longer can avoid treating its employees in a dignified manner", Martin Lindgren, President of the Swedish Pilots' Union, said in a statement.

by | August 11, 2018 | 15:45

The plane crashed on Ketron Island, which had 17 inhabitants, per the 2010 Census, and 10 families. Alaska Air reports that a Horizon Air Q400, which is a twin propeller airplane, was stolen. "Normal operations at Sea-Tac Airport have resumed", the airport wrote. The man could be heard on audio recordings telling air traffic controllers he is "just a broken guy".

by | August 11, 2018 | 13:56

The White House said Mr Trump had authorised them under a section of U.S. trade law that allows for tariffs on national security grounds. A 20 percent fall in exports would only reduce GDP by 0.1 percentage point or less per year in the 19 countries that use the euro currency.

by | August 10, 2018 | 07:05

The Organization for the Prohibition of Chemical Weapons, the global chemical weapons watchdog, concluded in April that the nerve agent Novichok, known to have been first produced by the Soviet military, had been used in the attack against the Skripals, both of whom survived, although it did not assign blame.

by | August 10, 2018 | 06:38

China has announced plans to put tariffs of 25% on United States products worth $16 billion, the latest move in an escalating trade war. The U.S. government says the tariffs will give it leverage to challenge Beijing's trade policies, adding that it will soon release details on how companies can apply for exclusions.

by | August 10, 2018 | 03:41

The Turkish lira fell to a new record low against the dollar amid a dispute with the US government, while the Russian ruble also dropped after USA sanctions on the country over its alleged involvement in poisonings in Britain. Though China could indeed see oil demand growth slow in coming months, in part due to the ongoing trade row with the US, in the mid to long term China's oil consumption thus its reliance on foreign oil will continue to grow.

by | August 08, 2018 | 08:25

In its second quarter results for 2018 the company posted $4bn of revenue and a loss of $717m. When another person tweeted that going private "saves a lot of headaches", Mr Musk replied, "Yes". "Being public means that there are large numbers of people who have the incentive to attack the company", he wrote. Musk's tweet came nearly simultaneously with a new report from the Financial Times that revealed for the first time that Saudi Arabia's Public Investment Fund has been ...

by | August 05, 2018 | 22:14

On the back of renewed tensions between Iran and the U.S., the Islamic Republic's President Hassan Rouhani delivered a thinly-veiled threat to hamper oil shipments in the Gulf. They have also expressed concern about keeping open the waterways off Yemen where Iranian-backed rebels have attacked oil tankers. Iran's oil exports could fall by as much as two-thirds by the end of the year because of the United States sanctions, putting oil markets under strain amid supply outages elsewhere in ...