Markets

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.

by | June 22, 2018 | 20:28

U.S. President Donald Trump is accusing Canadians of buying products south of the border, then sneaking them back home - all because of what he calls "massive" tariffs on American goods. Slapping tariffs on $200 billion more in goods, in addition to the $34 billion already set, would likely mean that nearly all Chinese products would face some import tax-though this depends on whether or not the new tariffs are on goods already taxed.

by | June 22, 2018 | 18:54

EU Trade Commissioner Cecilia Malmstrom said this week that the 28-nation bloc was "left with no other choice" but to impose tariffs of its own after the "unilateral and unjustified decision of the United States". In two weeks, the United States is due to start taxing $US34 billion in Chinese goods. It had previously registered the move with the World Trade Organization (WTO).

by | June 22, 2018 | 18:49

Further, Russia and Saudi Arabia have been calling for an output hike since last few weeks. Several other OPEC members, including Venezuela and Iraq, are also against major changes to the pact as they are unable to immediately boost production.

by | June 22, 2018 | 16:27

US protectionism is self-defeating and a "symptom of paranoid delusions" that must not distract China from its path to modernisation, Chinese state media said on Friday as Beijing kept up with its war of words with Washington over trade. The higher tariffs had previously been registered with the World Trade Organization (WTO ). By the first week in July, $75 billion in U.S. products will be hit by new foreign tariffs, according to the U.S.