Economy

by | November 15, 2018 | 08:22

Japan Display dropped 9.5 per cent, while Hon Hai Precision Industry Co. slipped to the lowest level in five years. On Wednesday, UBS cut its price target on Apple shares to $225 from $240, saying that Apple has likely taking around 6-7 million units out of its initial expectations for a build of around 63 million new iPhone models, split evenly between the XR and XS models.

by | November 14, 2018 | 06:35

This was announced by the Minister of energy of Saudi Arabia Khalid al-falih following the meeting of the Ministerial monitoring Committee of OPEC+. Russia, the world's second-biggest producer, said it would commit to any new agreement among producers to cut output. Meanwhile, analysts believe OPEC, led by Saudi Arabia , of course, "is acting responsibly by reducing its production that it had earlier brought online to offset possible Iranian losses".

by | November 10, 2018 | 11:56

OPEC and its oil market allies were also concerned that rising prices would shrink demand for oil. And India , which is Iran's second largest customer, is expected to continue importing around 300,000 barrels per day, representing up to two-thirds of what it buys on an average daily basis.

by | November 07, 2018 | 13:25

In an attempt to showcase its commitment to globalisation, willingness to open its market and buy more from other countries, China had made a decision to hold an import fair in the country. Some 3,600 companies from 152 countries selling everything from Egyptian dates to German factory machinery are attending the five-day event in Shanghai , the country's biggest business center.

by | November 06, 2018 | 03:10

At the time of writing, the Wall Street Journal has reported that Amazon may be splitting its future HQ2 across two cities, with 25,000 employees in each. The company stipulated that it was seeking to be near a metropolitan area with more than a million people; be able to attract top technical talent; be within 45 minutes of an worldwide airport; have direct access to mass transit; and be able to expand the headquarters to as much as 8 million square feet in the next decade.

by | November 06, 2018 | 02:35

You have been warned. This year the retail firm is introducing a new "AR View" feature that will allow customers to view products in more detail before they purchase them. Amazon has decided that it doesn't want to miss out on those precious holiday dollars, and because of that, it's going to open up free two-day shipping to anyone who buys something through its store.

by | November 06, 2018 | 01:56

How it would happen: This appears the most likely scenario, if you're to believe the polls. That's unlikely, by all accounts, because the map is so friendly for the GOP. One student gushed to Sinema, "I've heard your ads on Spotify". Bloomberg photo by Aaron P. Bernstein. If the committee approves any articles, the full House would vote on impeachment and then refer the matter to the Senate for a trial.

by | November 04, 2018 | 23:34

As for other products , iPad sales were down by about 6% year over year while Mac sales were down by 2%. As we talked about a few days ago, the Services segment of Apple's business has seen a tremendous growth over the last year and has reached $10 billion in revenue, more than a 25% increase year-on-year.

by | November 01, 2018 | 23:40

On Monday, Trump repeated his assertion that China was not "not ready" to strike a deal to bring an end to the costly dispute. Trump has long threatened to impose tariffs on all remaining Chinese imports into the United States if Beijing fails to meet USA demands for sweeping changes to Chinese trade, technology transfer and industrial subsidy policies.

by | October 31, 2018 | 14:33

The development comes amid a widening rift between the Modi government and Patel after the central bank's Deputy Governor Viral V Acharya in a speech on Friday, 26 October, warned that undermining autonomy and independence of RBI could be "potentially catastrophic".

by | October 29, 2018 | 18:48

Lion Air operates 11 737-8s, according to the Aviation Week Intelligence Network's fleet database. The Boeing 737 was orginally scheduled to arrive at Pangkal Pinang at 7.20am. "We're still searching for the remains of the plane". "The South African government wishes the Indonesian government and people, particularly the affected families, strength during this time of grief", said Ndivhuwo Mabaya, spokesman for the national department of global relations and cooperation (Dirco).

by | October 28, 2018 | 09:01

That means the drawing on Saturday Oct. 27 will be worth $750 million with a cash option of $428.6 million. It comes after one ticket sold in SC matched all six numbers on Tuesday in the United States' other main lottery, the Mega Millions, to win a jackpot of $1.537 billion, just short of a world record.

by | October 27, 2018 | 03:58

For stock investors, "some of the pessimism is anchored in dimming growth forecasts and rising interest rates", said Eric Lascelles, chief economist at RBC Global Asset Management. The company forecast an operating income range between $1.4 billion and $2.4 billion, compared with $347 million a year earlier. That purchase happened in the middle of the third quarter last year, which meant that Amazon included only about a month's worth of Whole Foods' revenue in its third-quarter results ...

by | October 26, 2018 | 09:27

It's the latest change in the narrative over Khashoggi's death-reversing an earlier Saudi statement that Khashoggi died after a " fistfight " inside the consulate. Initially Saudi officials claimed Khashoggi had left the diplomatic mission unharmed; however, under Turkish pressure joined by the questions from the global community, it was forced to confess that he had been killed in a premeditated murder.

by | October 24, 2018 | 08:11

But remember, you can't win if you don't play. Khaled kept pointing to the sign that read the $1.6 billion prize saying "I'm gonna get me mine!" while a long line of people behind him swelled as the cashiers were spending all of their time printing up Khaled's tons of tickets.

by | October 22, 2018 | 13:26

Powerball holds its drawing Saturday night, with a potential prize of $470 million. He said about $2,500 in Mega Millions tickets were sold at the store on Friday. The estimated cash option for next drawing will be $905 million. The $1.6 billion estimated jackpot would be the largest prize in US history. The Tennessee Education Lottery has raised more than $4.7 billion for specific education programs in Tennessee, including college scholarships and after-school programs, according ...

by | October 22, 2018 | 13:23

Dalian typically receives between 1 million and 3 million barrels of Iranian oil each month, according to data that dates back to January 2015. The crude oil futures market has felt the rise of USA crude oil exports with growing volumes of West Texas Intermediate futures and options traded in Asian and European hours, making the WTI contract an nearly 24-hour benchmark, Owain Johnson, managing director for energy research and development at exchange operator CME Group, said on Thursday.

by | October 21, 2018 | 02:40

Tesla has said that it would not manufacture the base-level version of the Model 3 this year. This auto is still a long way off from the vehicle that the world was promised , but it shows progress, and given the generally rabid enthusiasm of Tesla fans, that's hopefully enough for now.

by | October 21, 2018 | 02:07

The Fed has been raising interest rates since 2015 and after the rate hike last month it stopped describing the stance of monetary policy as "accommodative", meaning that it no longer thought the level of interest rates was stimulating the economy.

by | October 20, 2018 | 11:12

The numbers trying to enter the United States had prompted a warning from Mr Trump , where he insisted he would call up the U.S. military and close the southern border with Mexico if Mexico failed to stop the masses of people from travelling through that country.