Economy

by | August 10, 2018 | 16:29

Nauert said the sanctions would begin on August 22. "If they dream up some (measures), we will answer - it's not our choice". "The financial system is rather robust.That's obvious to everyone", said Kremlin spokesman Peskov. There will also be some further restrictions on Russian access to U.S. financial services. In the event of non-compliance, a second round of "draconian" sanctions would be given a green light, the official said, adding that these could go as far as a ban on ...

by | August 10, 2018 | 14:48

After plummeting more than 3 percent on Wednesday, oil prices steadied early on Thursday, but still traded close to their seven-week low as the U.S. Oil prices fell on Wednesday, following Chinese import data that highlighted an ongoing slowdown in demand from previously avid buyers, although evidence of falling US crude inventories and the introduction of Iranian sanctions helped stem losses.

by | August 08, 2018 | 23:42

Musk tweeted on Tuesday that he had secured funding for the plan , but he has not provided details or evidence, and several securities attorneys told Reuters that Musk could face investor lawsuits if it was proven he did not have secure financing at the time of his tweet.

by | August 08, 2018 | 21:03

Friday's retaliation from China suggests that tactic hasn't worked. Chinese state media on Monday lambasted US President Donald Trump's trade policies in an unusually personal attack, seeking to reassure investors who are anxious about China's economy with growth concerns shaking its financial markets.

by | August 08, 2018 | 20:55

And the conflict is likely to escalate: The administration is preparing tariffs of up to 25 percent on an additional $200 billion in Chinese products. "Certain people go against the tide for their own private ends and go against morality; the barrier of tariffs wantonly rise, and the stick of hegemony is raised all around", the commentary said.

by | August 07, 2018 | 21:54

A dead fetus was found on a plane from Charlotte Tuesday morning. American Airlines Flight 1942 , which left Charlotte, North Carolina, at 8:56 p.m. The flight landed at Terminal B Monday night. "We have no major impact to our operation this morning while we are working with law enforcement on an investigation".

by | August 06, 2018 | 11:36

The West Texas Intermediate (WTI) for September delivery lost 0.47 USA dollar to settle at 68.49 dollars a barrel on the New York Mercantile Exchange, while Brent crude for October delivery erased 0.24 dollar to close at 73.21 dollars a barrel on the London ICE Futures Exchange.

by | August 04, 2018 | 22:57

The U.S. trade war with China just got kicked up another notch. In Beijing Chinese foreign ministry spokesman Geng Shuang said Wednesday that "blackmail and pressure from the USA side will never work on China". "I think it would be a very complicated thing to get out of, because I don't see an easy remedy once we go down this path", said Michael Camuñez, president and CEO of Monarch Global Strategies and former USA assistant secretary of commerce for market access during the Obama ...

by | August 03, 2018 | 00:28

During the holiday , shoppers can buy qualifying products without paying Virginia's state sales tax of 4.3 percent. But good news for parents of young children: The tax exemption applies to diapers! An important distinction is that sports and recreational equipment is not considered clothing , and is not tax exempt during this weekend.

by | August 02, 2018 | 22:32

A spokeswoman for the Delaware General Health District said the agency is in the "infancy" stages of its investigation. As of Tuesday afternoon, it said it had received 368 inquiries related to a "possible foodborne illness outbreak " stemming from the Chipotle location in Powell.

by | August 02, 2018 | 20:40

However, because the company readjusted its share count due to buybacks at the close of Q3, Apple's stock price actually needed to hit about $207.05 per share before it can claim the title as the first trillion dollar company. The stock was last up 2.4 per cent at US$206.41, a hair below US$1 trillion. That would put Apple's stock market value at $973 billion, based on its newly disclosed number of shares.

by | July 28, 2018 | 19:54

The big picture: After missing predicted targets in their most recent quarterly reports, both Facebook and Netflix saw shares tumble. Facebook's fortunes shifted in under two hours as the company first reported revenue and user growth that missed expectations and then issued warnings about future growth and expenses.

by | July 28, 2018 | 14:05

Juncker came to Washington for a last-ditch bid to avoid US tariffs on cars. While the White House offered few specifics about the agreement, the joint appearance did represent a break from the cutting rhetoric Trump and some European leaders used this year and, for now, appeared to soften concerns about an all-out trade war between the major economies and allies.

by | July 26, 2018 | 19:27

Hours later, he and Juncker came out to the White House Rose Garden for an impromtu press conference - aides were still setting things up when reporters were summoned for a almost hourlong wait - to announce what amounted to a trade relations peace pact between the United States and Europe.

by | July 24, 2018 | 21:57

Agriculture officials say the plan will not require congressional approval. The Trump administration will reportedly give $12 billion in aid to farmers hurt by the tariffs. President Donald Trump arrives for a tour during a "Made in America Product Showcase" at the White House, Monday, July 23, 2018, in Washington. President Trump's tariff threats against China, Canada, Mexico and the European Union prompted immediate threats of retaliation.

by | July 21, 2018 | 17:25

Recently, the United States has issued multiple reports accusing China of violating WTO rules, and used these to justify implementing unilateral trade measures against China. It followed the recent complaint that the ministry filed on July 6 to the WTO about the US' early round of levies on US$34 billion worth of Chinese goods.

by | July 21, 2018 | 15:44

He added that Saudi Arabia's total supplies to the market are poised to drop by 100,000 bpd in August compared with July. It accounts for around 5 percent of Japan's annual crude oil imports. "Just spoke to King Salman of Saudi Arabia and explained to him that, because of the turmoil & disfunction in Iran and Venezuela , I am asking that Saudi Arabia increase oil production, maybe up to 2,000,000 barrels, to make up the difference.Prices to high!" "The handful of comments from the ...

by | July 13, 2018 | 10:14

Multinational mass media corporation 21st Century Fox on Wednesday said it has raised its offer to buy United Kingdom's Sky Plc. Fox offered £14 per share to value Sky at £24.5 billion ($32 billion), 12% more than Comcast's rival £22 billion offer.

by | July 11, 2018 | 12:00

The question now is "will any more of the cabinet follow him out of the door?" Johnson sent an incendiary resignation letter on Monday accusing May of killing "the Brexit dream" and flying "white flags" of surrender in negotiations with the European Union.

by | July 09, 2018 | 06:47

Trump has repeatedly called on the oil cartel to reduce prices. On Independence Day, Trump resumed his Twitter assault on OPEC and high oil prices . Even so, renewed USA sanctions on Iran against its oil exports look set to tighten supply further. USA budget analysts generally look at the impact of tax changes over a ten-year period ("Estimated budget effects of the conference agreement for HR 1", Joint Committee on Taxation, Dec.