Money

by | September 10, 2018 | 16:57

Tesla shares have fallen sharply after two senior executives abruptly left the electric auto firm headed by Elon Musk . Tesla will stay public , Musk said on August 24, ending more than two weeks of speculation and calculation about how much a go-private deal would cost and who could be involved in it.

by | September 10, 2018 | 13:11

Following the succession, Ma will remain a permanent member of the Alibaba Partnership, a 36-member group of core company managers, which has the right to nominate a majority of the directors to the board of the company. According to the company, Paytm AI Cloud processes and stores their consumers' data locally in servers located in India - a demand from the government that has resulted in its rival WhatsApp and Apple deferring their digital payments services in the country.

by | September 10, 2018 | 08:20

Apple didn't immediately respond to a request for comment . He said Friday that tariffs on another $200 billion in Chinese goods are "in the hopper" and "could take place very soon". The U.S. Trade Representative's office received almost 6,000 comments and held seven days of public hearings on the proposed levies. "In summary, [the proposed tariff list] is so broad and encompasses so many information, communication and technology (ICT) products that significant consumer harm is ...

by | September 09, 2018 | 23:30

The board wants to be able to offer less if it's found out that the sexual harassment allegations against him are true. CBS is in settlement talks with Shari Redstone and National Amusements, sources told Reuters on Wednesday. Moonves received total compensation of $69.33 million in 2017, making him one of the highest paid US executives. The New York Times is reporting that embattled CBS boss Leslie Moonves is negotiating an exit from the network he has overseen for the past two ...

by | September 09, 2018 | 10:29

Diesel prices have gone up by almost Rs 4 per litre in over a month across all metro cities. An official told the daily that the government can not, "disturb fiscal maths by cutting excise duty on petrol and diesel". On Tuesday, former Finance Minister P Chidambaram had stated that the "Relentless rise in prices of petrol and diesel is not inevitable". Diesel cost Rs 75.61 per litre against Rs 75.39 on Wednesday.

by | September 08, 2018 | 21:26

Earlier this year, the Trump administration imposed a package of tariffs on $50bn of incoming Chinese-made parts used for "aerospace, information and communication technology, and machinery". The last effort at a negotiated solution came in late August with meetings between low-level officials , but nothing came of it. In a letter to USA officials as part of the public consultation on the measures, the company said some of Apple's Beats headphones and its new HomePod smart speaker would ...

by | September 08, 2018 | 12:35

If cryptocurrency fans do want more institutional involvement in the market then Chavez's other claims should please them. According to reports published in Business Insider day before yesterday, Goldman Sachs was ditching plans to open a desk for trading cryptocurrencies in the foreseeable future, according to people familiar with the matter, as the regulatory framework for crypto remains unclear.

by | September 08, 2018 | 10:45

The $US200 billion list, which includes some consumer products such as cameras and recording devices, luggage, handbags, tires and vacuum cleaners, would be subject to tariffs of 10 per cent to 25 per cent. "Our concern with these tariffs is that the U.S. will be hardest hit, and that will result in lower United States growth and competitiveness and higher prices for USA consumers", Apple said in the letter.

by | September 07, 2018 | 22:58

According to Mercedes, the EQC is classed as a crossover SUV. Take for instance Mercedes-Benz, which has been teasing the release of its upcoming EQC all-electric crossover SUV. Inside, the EQC is a mix of typical Mercedes-Benz interior bits and unique-to-EQ design traits. The EQC is set to begin production in 2019 and go on sale in the U.S.in 2020.

by | September 07, 2018 | 17:11

But despite the public optimism, negotiators face a tough task ahead. Canada's cultural exemption was absent from the Trump administration's list of negotiating objectives released before the start of the talks. Prime Minister Justin Trudeau is defending NAFTA's dispute resolution mechanism as necessary in a world where the president of the United States "doesn't always follow the rules".

by | September 06, 2018 | 05:10

In a speech on June 4, the Leader slammed European governments for expecting the Iranian nation to both tolerate sanctions and give up its nuclear activities, saying that the country can not remain in "nuclear custody" when the sanctions are still in place.

by | September 06, 2018 | 02:13

Jevh Maravilla and his friends documented their entire plan, from setting up a photoshoot to buying official McDonald's gear, in an effort to ensure there are more images of Asians in McDonald's stores. In the video, Maravilla takes off his jacket to impersonate an interior coordinator and then supervises as his friends hang the poster on the wall.

by | September 05, 2018 | 13:07

It's not entirely clear how she and her staff learned the news. The Chicago-raised activist faces no Republican rival for the district that includes most of liberal Boston and its neighboring cities, leaving her free to focus on the Republican president.

by | September 05, 2018 | 08:27

Apple reached the same milestone in early August. Google's parent company Alphabet is still the third-largest by market capitalization, but it's not likely to break a trillion in the near future; its total valuation is now about $838 billion.

by | September 04, 2018 | 23:57

On August 2 , Apple became the first United States company to reach a total market capitalization of $1 trillion. The share price has since dropped down, so the company was only valued at $1 trillion for a brief few minutes. Amazon shares were last up 1.4 percent at 2,041.29, pulling back slightly from the milestone level of $2,050.2677. "Now that it has several high-margin revenue streams, we're seeing those doubts subside".

by | September 03, 2018 | 21:41

In Chennai, petrol costs Rs 82.24 while it is Rs 82.06 in Kolkata. In Delhi, the fuel is cheapest among all metros and most state capitals in comparison to other cities due to lower sales tax or VAT. The prices of PNG were raised by Rs 1.11 per standard cubic meter, costing now at Rs 28.25 per scm, while same in Noida, Greater Noida and Ghaziabad would be Rs 30.10 per scm, which has been increased by Rs 1.26 per scm.

by | September 03, 2018 | 19:28

Xi announced that Africa's poorest nations would be given interest-free loans from China so that they incur less sovereign debt. He says the least developed countries with diplomatic relations with his government and heavily indebted from loans offered by his country don't have to worry about paying back the money.

by | September 03, 2018 | 19:25

The Argentine currency fell again Wednesday to close at an all-time low of 34.2 pesos per USA dollar . The Argentine peso has lost more than 40% of its value against the United States dollar this year and inflation is rampant. Everyday life is getting more expensive for Argentines, as the prices of many goods and services still bear a close relation to the USA dollar. In response, the central bank has hiked interest rates to 45% and sold more than $13 billion in reserves, including $300 ...

by | September 02, 2018 | 16:47

President Donald Trump says the United States is treated unfairly in global trade. "The US concerns about areas in the WTO that they would like to improve are not new". "If they (the WTO - Interfax) will not change for the better, I get out of the WTO", - he said in an interview with Bloomberg . He explained: "Their customers are used to buying their cars, not ours".

by | September 01, 2018 | 20:01

With a top speed of 20 kilometres per hour it won't be winning any races just yet. but it would be a show-stopping way to get dropped off on your first day at school. This includes working head and tail lights, doors that open and close, a lavishly detailed interior with a steering wheel, dashboard, gear shifter, seats, brake pedal, and mirrors.

by | September 01, 2018 | 19:17

According to Reuters , Mexico's incoming trade negotiator told reporters in Washington that the US had softened its stance on the so-called sunset clause. However, US Treasury Secretary Steven Mnuchin said the administration was keen to get Canada on board quickly. Bill Anderson, director of the University of Windsor's Cross Border Institute, says he's concerned about a condensed negotiation window now that key issues between the US and Mexico look to be settled, but that the wage ...

by | September 01, 2018 | 17:40

Trilateral talks were already underway at the technical level and Mexican Economy Minister Ildefonso Guajardo was expected to soon rejoin talks with U.S. Earlier Friday Trump was quoted as saying privately that he wouldn't make compromises with Canada in their trade talks. Most Canadians might not like the idea of Mr.

by | August 31, 2018 | 18:13

The president made the announcement in a letter to the Senate and House. "We must maintain efforts to put our nation on a fiscally sustainable course, and federal agency budgets can not sustain such increases", Trump said. The federal budget deficit has grown 16 percent this fiscal year, the result of a combination of Trump-supported tax cuts and military spending, as well as increases in mandatory spending programs like Social Security, Medicare and Medicaid.

by | August 31, 2018 | 16:55

Costa is owned by Whitbread, the British multinational hospitality company. Whitbread will use a "significant majority" of the net cash proceeds - around 3.8 billion pounds after taking into account such things as transaction costs - returning cash to shareholders.

by | August 30, 2018 | 06:28

Last month, Musk referred to Unsworth as " pedo guy " after the Brit criticised his plans to use a mini-submarine to help rescue the boys' football team trapped in a series of flooded caves in Thailand. Musk asked the Twitter user if he had investigated the diver, to which he sarcastically replied, "the world should police your lack of filter and everything that comes after".

by | August 29, 2018 | 22:29

Almost all the demonetized notes came back to Reserve Bank of India according to RBI's annual report for 2017-18. RBI's annual report says: "In consultation with the Government of India, the Reserve Bank has been exploring the feasibility of increasing the life of Indian banknotes ".

by | August 29, 2018 | 09:01

That's led to a growing number of partnerships as companies like Toyota realize they don't know much about ridesharing and companies like Uber discover that building cars is hard. Uber suspended testing on public roads following a fatal accident in Tempe, Arizona, in March. As a result, it has partnered with "world-class vehicle manufacturers to make our vision a reality".

by | August 28, 2018 | 22:54

Investors are betting on a deal materializing soon between Canada and the US, according to analysts, who say the Canadian market will follow its number one trading partner higher, despite the hurdles facing an agreement . That's why the North American Free Trade Agreement has been good for Basta Boatlifts. But the agreement itself will mean little without Canada or congressional approval.

by | August 28, 2018 | 18:42

Wall Street traders sent the Nasdaq and S&P 500 indexes to record highs following a new trade agreement between the United States and Mexico. But pressed as to whether Mexico is willing to enter a bilateral deal with the USA, a senior White House official on the same call dodged.

by | August 28, 2018 | 15:28

US economic data - with consumer confidence figures due later in the day and the latest estimate for second-quarter gross domestic product expected on Wednesday - could determine the dollar's further moves. "These rumored trade provisions would codify the administration's savage attacks on environmental protection, food safety, and consumer rights into trade deals that enshrine and globalize deregulation, making it harder to restore US environmental and consumer protections once this ...

by | August 28, 2018 | 12:45

Addressing reporters in the White House Oval Office on Wednesday, Trump praised the preliminary agreement as an "incredible deal" for both countries. "It could end in one day and we take in a lot of money the following day", Trump said. US trade officials described the agreements reached over the weekend with Mexico as a big improvement over the current free trade pact between the three countries.

by | August 27, 2018 | 22:31

But Trump and other critics say it encouraged US manufacturers to move south of the border to exploit low-wage Mexican labor. If a NAFTA deal isn't signed before then, López Obrador could demand changes - and a deal that took years to negotiate could unravel.

by | August 27, 2018 | 17:25

President-elect Andres Manuel Lopez Obrador's NAFTA representative, Jesus Seade, has asked the Trump administration to address concerns that US -proposed language in the new NAFTA deal would put too many restrictions on how they can treat foreign companies looking to tap the nation's crude, according to the people, who asked not to be named discussing private negotiations.

by | August 27, 2018 | 15:30

It said it expects most customers to switch to priority boarding as this allows passengers to bring two free bags into the cabin, one small 20litre personal bag and one 10kg cabin case. This means customers can travel with two bags without paying extra fees - which Ryanair insist is causing delays. According to them, 30% of passengers pay for the service "priority boarding", whereby their carry-on baggage is guaranteed to be in the cabin.

by | August 27, 2018 | 14:28

In a document detailing contingency plans in the event of Britain leaving the European Union in March with no transition deal, the government said unilateral action on several fronts could minimise disruption only up to a point. Roberto Azevedo says it is "very unlikely" that Britain us going to have an agreed outcome for all WTO members. "At this stage, firms should continue to plan on the basis that an implementation period will be in place from March 2019 to December 2020, and ...