Markets

by | June 28, 2018 | 15:26

On Sunday, merchants at Tehran's mobile phone shopping centers Aladdin and Charsou shut their shops to protest against the rial's slide, Fars news agency reported . Another man is heard shouting: "Come back!" Holly Dagres, an Iranian-American analyst, told The National that the Grand Bazaar's traders have a history of association with such protests.

by | June 28, 2018 | 06:58

The joint deal by OPEC and other oil-producing allies to raise output demonstrates the strength of the Russia-Saudi energy alliance, which will help stabilize the market for many years to come, the head of Russia's sovereign wealth fund said on Monday.

by | June 28, 2018 | 05:14

At the event, Trump heaped praise on the company for manufacturing its motorcycles in the USA and being an iconic American brand. Harley-Davidson has denied that. "Harley-Davidson is using that as an excuse, and I don't like that because I've been very good to Harley-Davidson and they used it as an excuse", he said in response.

by | June 27, 2018 | 23:55

The original WSJ story was titled: Trump Plans New Curbs on Chinese Investment, Tech Exports to China . The current United States government will be able to reach agreements with China on non-discriminatory conditions of mutual trade. "So this whole idea that there's going to be investment restrictions to the world, please, discount that", Navarro said. Trump on Tuesday once again hit out at countries that had placed tariffs on U.S.

by | June 27, 2018 | 23:18

He also vowed to retaliate against Harley-Davidson with taxes and said its "employees and customers are already very angry at them". If they move, watch , it will be the beginning of the end - they surrendered, they quit! For example, India is a rapidly-growing motorcycle market and they have huge taxes on imported motorcycles from America.

by | June 27, 2018 | 16:49

Talking more about the development, a senior State Department official on the condition of anonymity said that they have warned all the foreign capitals that the USA will no more be granting waivers under its new sanctions regime. The U.K., France, Germany, China and Russian Federation are trying to hold onto the deal because they say it's the only way to control Iran's nuclear capability.

by | June 26, 2018 | 23:53

The European Union and China are teaming up to rewrite global trade rules, their latest move in a wider fightback against the trade war Donald Trump has launched as part of his "America First" agenda. The EU has long blamed China for flooding its markets with cheap steel, and has imposed its own steep tariffs on Beijing . "Things are bullish here in America", he said, adding that US economic growth is going to reach 4 per cent.

by | June 26, 2018 | 22:23

On Fox News' "Special Report", Continetti noted that neither party has a consensus on immigration and that the unpopularity of separating families was a political loss for Trump, while the president could still win by sticking to his zero-tolerance policy.

by | June 26, 2018 | 15:31

The company sold nearly 40,000 motorcycles in the European Union past year, generating revenue second only to the United States, according to the Milwaukee company. investments and create good manufacturing jobs", Edward Alden, senior fellow at the Council on Foreign Relations, told Business Insider. Since then, he's increased tariffs on the EU, Mexico, Canada and China, and promised additional fees in response to any retaliation.

by | June 26, 2018 | 11:11

The board said the final results would be available to the public in 10 or 11 days. Yet Muharrem İnce, presidential candidate of the main opposition Republican People's Party (CHP) who placed second with 30.6 percent of the votes, conceded fraud did not fully explain his loss: "Did they steal votes?" Putin and Erdogan have met several times in the past year and regularly speak on the phone.

by | June 24, 2018 | 21:11

Greece's prime minister pledged Friday to stick to agreed reforms and budget targets after worldwide creditors announced debt relief measures to wean the country off its eight-year bailout program , which ends in two months. - Euro zone finance ministers will review in 2032 if additional debt measures are needed to ensure that Greek gross financing needs stay below the set thresholds, and take appropriate actions, if needed.

by | June 24, 2018 | 20:01

In the meantime, Cinemark announced its own subscription service that, for $8.99 per month , gave customers one movie ticket per month . "And the higher price point makes more sense; I'm sure they have some data to back up that $20 seems reasonable".

by | June 24, 2018 | 19:13

The ministers finalised the last revision of the third bailout program after verifying that Athens has complied with the 88 requirements, and consequently approved a final disbursement of 15 billion euros. Even after its bailout program ends this summer, it will be under strict supervision of its policies and will have to run high budget surpluses for decades to come.

by | June 24, 2018 | 08:06

The figure has been inflated by a plunge in supplies from almost bankrupt Venezuela . "There was a lot of anticipation in the market that there was going to be a lot of new oil coming to market, and that isn't going to happen, at least for now", said John Kilduff, a partner at Again Capital.

by | June 24, 2018 | 04:09

On Friday, he repeated the threat and attached a specific number, tweeting about a 20 percent tariff on all automobile imports from Europe. It was the first time that the United States has taken such action on a product basis since President Donald Trump imposed global tariffs of 25 percent on steel and 10 percent on aluminum in March, citing the need to defend "national security".

by | June 24, 2018 | 02:50

The lawsuit also claims the employee leaked false information to the media. Electric auto maker Tesla Inc's move last week to cut 9 per cent of its workforce will sharply downsize the residential solar business it bought two years ago in a controversial $2.6 billion deal, according to three internal company documents and seven current and former Tesla solar employees.

by | June 24, 2018 | 02:06

Not all states are cheering the Supreme Court's ruling. The tax is 6.25 percent. IN lawmakers anticipated the ruling in 2017 when they passed a law that imposed sales tax on companies that did at least $100,000 worth of business or more than 200 separate transactions in the state in a year.

by | June 23, 2018 | 20:47

The intensive negotiations between ministers in Vienna this week are the culmination of a process that has whipsawed oil markets for weeks. Meanwhile, production in the U.S. Since past year, OPEC and its allies have been participating in a deal to cut output by 1.8 million bpd. The kingdom and its allies estimate that total cuts now amount to 2.8 million barrels a day.

by | June 23, 2018 | 15:18

Canada now becomes the first G7 nation, and the second country in the world after Uruguay , to legalize the use of weed for recreational purposes. While nine USA states and the capital Washington have legalised recreational use of the drug, Canada will be the first G7 Country to do so.

by | June 23, 2018 | 13:26

MSCI also said it would include Kuwait on its review list for next year. Despite the country's issues in recent times which saw the International Monetary Fund (IMF) loan $50bn , MSCI said it was Argentina's ability to maintain strong equity market accessibility conditions which led to the inclusion.