Money

by | July 16, 2018 | 01:28

In an interview with CNN on Friday , Unsworth, a cave explorer, said that the mini-submarine Musk sent to aid the rescue mission was just "a PR stunt ". "Never saw this British expat guy who lives in Thailand (sus) at any point when we were in the caves" he wrote. "We will make [a video] of the mini-sub/pod going all the way to Cave 5 no problemo".

by | July 15, 2018 | 23:21

With exciting new plans for the debut of Tesla's Model Y, vehicle owners who would like an SUV that has comfort, style, and is actually good for the environment now have something to look forward to. Tesla sold 14,779 vehicles in China a year ago, according to data from LMC Automotive. "It happens to be that now is when you have the trade altercation going on".

by | July 15, 2018 | 22:15

Last week, a bipartisan group of senators introduced legislation that could reinstate some of the penalties on ZTE. A couple of days ago we reported that ZTE's ban was set to be lifted and in some good news for them overnight the US Commerce Department have done just that, removing all bans in place on ZTE.

by | July 15, 2018 | 17:31

The potential ramifications here are huge and involve several entities, not to mention the precedent it could set. The US government is to appeal the recent ruling that gave the go-ahead for telecoms firm AT&T to complete its US$85.4bn acquisition of Time Warner , parent company of Warner Bros, HBO , Turner and CNN .

by | July 15, 2018 | 07:39

The most recent special offers include deals for Hatley raincoats - a deal that comes to a close at 11.59pm on Wednesday, July 11. In past years, Amazon's Prime Day has proven to be a revenue driver for many small and medium-sized businesses that take part in the event.

by | July 14, 2018 | 17:55

China's trade imbalance is at the heart of US President Donald Trump's anger at what he describes as Beijing's unfair trade practices that are hurting American companies and destroying jobs. After a strong start to the year, growth in China's exports has moderated recently, and is expected to face more pressure from the initial round of USA tariffs.

by | July 13, 2018 | 10:11

The rice mix is uncooked and frozen, and requires cooking before consumption. In Australia, Aldi's own-brand line of frozen vegetables, Market Fare, was among those affected, as was Essentials and Bell Farms products, which are sold at Woolworths .

by | July 12, 2018 | 16:42

China 'cannot match fresh USA tariffs, ' Vishnu Varathan of Mizuho Bank said. The spiraling conflict over United States complaints about Chinese technology policy has prompted warnings it might chill global economic growth. Auto parts retailers, which would also be affected by the latest tariff threats the USA lobbed at China, fell more steeply than the broader market.

by | July 12, 2018 | 14:15

The president can also issue decrees, prepare the budget and decide on security policies. Crowds cheered Erdogan along his convoy's route as he made his way to the inauguration ceremony. On his turn, President Erdogan asked the Minister of Commerce and Industry to convey his utmost greetings and appreciation to His Majesty the Sultan, wishing His Majesty good health, wellbeing and a long life, and the Omani people further progress and growth .

by | July 12, 2018 | 12:54

Fox is seeking to acquire the remaining 61 percent of Sky, valuing the company at $32.5 billion, and handing it over to Disney . Comcast's initial offer was considerably higher than the Fox bid that valued the satellite broadcaster at £18.5bn.

by | July 12, 2018 | 03:28

Pushing past 112 "would suggest the market is bullish on the dollar irrespective of the trade war ", said Boris Schlossberg, managing director of FX strategy at BK Asset Management. USTR will hold hearings in late August on the list of targeted products, and an administration official said it would take about two months to finalize, at which point Trump would decide whether to go ahead with the tariffs.

by | July 11, 2018 | 21:51

The Trump administration is poised to impose taxes on $50 billion of Chinese imports in high-tech industries, such as robotics, aerospace, and industrial machinery, in an attempt to punish Beijing for intellectual property theft and to rebalance a trade deficit.

by | July 11, 2018 | 15:56

However, Opec and its allies are doing what they can to offset crude output shortfalls that have kept global supplies tight and prices high, but they don't want to overdo it, according to UAE Minister of Energy and Industry Suhail bin Mohammed Faraj Faris Al Mazrouei.

by | July 11, 2018 | 05:12

The U.S.is pursuing a new set of tariffs that would hit $200 billion in Chinese goods, according to senior administration officials. Last Friday, the USA imposed 25 per cent tariffs on $34 billion in Chinese products, and Beijing responded by hitting the same amount of US imports.

by | July 10, 2018 | 00:45

The bank's overnight rate target is 1.25 per cent. The jobless rate in Calgary remained steady at 7.7 per cent. Jobs in agriculture dropped 10.8 per cent to 21,400, while the province saw small declines in manufacturing (0.4%) and construction (0.5%).

by | July 09, 2018 | 23:46

If Beijing also imposes tariffs on United States crude, it could put downward pressure on the price of benchmark U.S. crude, the West Texas Intermediate, and may weaken its spread to Brent oil, the global market standard. American oil producers may find a new friend in India as they brace for a trade war with China that could curb USA shipments. South Korea is the world's fifth-largest crude oil importer, and diversity of supplies is vital.

by | July 09, 2018 | 19:39

Hours before Washington's deadline for the tariffs to take effect, U.S. President Donald Trump upped the ante , warning that the United States may ultimately target over $500 billion worth of Chinese goods, or roughly the total amount of U.S.

by | July 09, 2018 | 17:51

Asked what he would say to colleagues who thought it was time to remove Theresa May, he replied it was "not a good idea" - insisting that she was a "good prime minister". Jacob Rees-Mogg, a key figure in the Conservative Party's "hard Brexit" faction, which supports relinquishing access to the EU's single market in exchange for full border control, said the deal would be "worse" than a United Kingdom exit from the European Union with no deal at all.

by | July 09, 2018 | 17:42

The strawless lid has already been in use at numerous company's stores for certain kinds of cold drinks like cold foam and "draft nitro", the coffee drink that comes out of a keg, mixed with nitrogen. Still, those who support limiting plastic straws say they are generally unnecessary and a ban is symbolically important. "Metal straws can be unsafe for people with neurological conditions such as Parkinson's whereas reusable plastic straws present hygiene concerns to people with specific health ...

by | July 09, 2018 | 15:59

Seattle has officially become the first major US city to ban restaurants from giving plastic straws and utensils to customers in an effort to help the environment. Environmental advocates have been pushing for restaurants and other businesses to ditch single-use straws, saying they can't be recycled and end up in the ocean, polluting the water and harming sea life.

by | July 09, 2018 | 15:30

While Facebook stock hit an eight-month low of $152.22 in late March after massive scrutiny over the company's handling of user data, its shares closed Friday at $203.23, a record. Zuckerberg claimed the No. 3 spot on the Bloomberg Billionaires Index because Facebook shares rose 2.4 percent. Warren Buffett may seem like the odd one out, but his net worth also has to be with smart investments in companies that have since grown massively, including Apple, American Express and Coca Cola.

by | July 09, 2018 | 12:59

Interior Minister Gen Anupong Paochinda said they are generally "strong and safe" and under close medical supervision. Divers are replacing air tanks and supplies along their route until then. Those conditions won't last if the rain resumes, he said. The 8 remaining boys could be weaker so those option could still be considered. Drilling a hole into the mountainside to lift them to safety - as 33 Chileans were rescued from a collapsed mine in 2010 - was dismissed because the boys' location ...

by | July 09, 2018 | 03:48

But in return, the Chinese tech firm had to pay a $ 1 billion fine , put $400 million in escrow in case of future violations, allow a USA compliance team to be embedded at the company, and change its board of directors and executive team within 30 days.

by | July 09, 2018 | 01:52

Basic allows for users to stream content on one screen at a time. According to reports, the new tier may focus on the amount of screens users have access to and new HDR (high dynamic range) features. Certainly, the existing users of the Premium and the standard plans are sure to experience a frown or two on their face but it would be juvenile to doubt the loyal customers who crave for the Netflix experience.

by | July 08, 2018 | 18:44

Average hourly earnings are expected to have increased by 0.3% month-on-month and 2.8% compared to June 2017. The job growth shows the labour market shrugging off worries about a slowdown triggered by trade fights or rising borrowing costs.

by | July 08, 2018 | 16:54

Economists had forecast that June would be another strong month for the US labor market, with nonfarm payrolls expected to have grown by 195,000 during the month with the unemployment rate expected to hold steady at an 18-year low of 3.8%, according to estimates compiled by Bloomberg.

by | July 08, 2018 | 15:22

The White House said it would consult on tariffs on the other $US16b of products, and would apply these later. Trump didn't back down, but rather raised the stakes with the threat of even more tariffs on China. Others will likely decide to hold back on hiring. A United States court on Friday imposed the maximum US$1.5 million fine for theft of trade secrets by the Chinese company Sinovel in a case that typified Washington's complaints about Beijing's conduct.

by | July 07, 2018 | 11:48

A figure of 32 million barrels per day is agreed, but the real increase will not be the optical one million barrels per day, but rather the aforementioned 650,000 one. In the end, Iran and other price hawks were forced to accept the modest output hike of 1 million b/d, some 500,000 b/d short of the figure proposed by Russian Federation.

by | July 07, 2018 | 02:45

The Fuzhou Intermediate People's Court issued a preliminary sales injunction against Micron that prevents it from selling the chips, including DRAM chips and NAND flash memory chips, in China, UMC said in a statement late on Tuesday. If the judgment is enforced in the future, Micron will be prohibited from selling some of its memory products in China. As of 11:42 a.m., shares of UMC had gained 0.56 percent to NT$18.05 (US$0.58), with 81.87 million shares changing hands, outperforming the ...

by | July 07, 2018 | 01:24

China on Friday accused the United States of starting "the biggest trade war in economic history " as the two sides imposed steep new tariffs on tens of billions of dollars of each other's exports. The Internet watched one cargo ship carrying a load of soybeans race to the southern peninsula port of Dalian in Liaoning province. President Donald Trump 's tariffs are meant to pressure Beijing to reform its trade policies.

by | July 06, 2018 | 22:49

Before December 2017, the unemployment rate in the region never dipped below six per cent since comparable statistics started being recorded. The June jobs report is out and it's a beat. Gross domestic product estimates for the April-June period are above a 4 per cent annualized rate, double the 2.0 per cent pace logged in the first quarter.

by | July 06, 2018 | 02:37

Trade Representative Robert Lighthizer six times last week and that she wants NAFTA talks to kick into a higher gear this summer. He said he supports the continued renegotiation of NAFTA and wants his own team of experts to be part of the talks before he takes office December 1.

by | July 06, 2018 | 01:50

Officials in China , the epicenter of the worldwide trade row, have warned the United States that the tit-for-tat tariffs on each others' goods will ultimately prove detrimental for American businesses and jobs. Oil prices climbed after Libya declared force majeure on some of its supplies, with Brent crude rising 0.8 percent to $77.93 per barrel and West Texas Intermediate (WTI) crude was up 1.1 percent to $74.77 a barrel.

by | July 05, 2018 | 20:54

Earlier in the day, Iranian President Hassan Rouhani lashed out at American officials for threatening to stop Iran's oil exports, saying they would never be able to carry out such a threat. Analysts and traders were predicting a draw of 1 million barrels. Over the short-run, Canada's production problems will go away and Libya's issue will probably be contained.

by | July 05, 2018 | 19:02

Its emerging market index hit its weakest level since mid-August. "Chinese stocks have already slid into bear market territory". The yield has been confined to a 15-basis-point range in June after fluctuating by almost 40 basis points in May, when it touched a seven-year high of 3.128 percent.