Markets

by | July 15, 2018 | 02:10

The cases in IL first appeared in mid-May, while the illnesses in Iowa were more recent, surfacing in late June and early July. An outbreak of cyclosporiasis, which the FDA says is "likely linked to salads from McDonald's restaurants", caused the fast food giant to yank salads from 3,000 locations over 14 states Friday.

by | July 14, 2018 | 07:47

The company says they have seen a 41 per cent decline in ridership since 2010, citing competition from national and inter-regional passenger transportation services, the growth of low cost airlines, regulatory constraints and the continued growth of vehicle ownership.

by | July 14, 2018 | 03:34

But he said that since a year ago around an additional 33 billion dollars, not including the United States, had been raised and it was now "unnecessary" to withdraw from the organisation. The 23-page text did contain a reference to an old spending pledge the leaders made in 2014 after Russian Federation annexed Ukraine's Crimean Peninsula, convincing North Atlantic Treaty Organisation of the importance of halting spending cuts.

by | July 13, 2018 | 07:40

After many suspensions, fines and a total trade ban, now the DoC has announced on Twitter that the agreement is about to be finalized. The ZTE settlement represents the toughest penalty and strictest compliance regime the Department has ever imposed in such a case.

by | July 13, 2018 | 07:21

Woolworths said it regards food safety as "of critical importance". Food Standards Australia New Zealand (FSANZ ) released the list of the products which included snap frozen vegetable mixes, corn kernels, quick-steam carrot, broccoli and cauliflower mixes and pea, carrot and sweet corn mixed.

by | July 13, 2018 | 07:12

Should access be withdrawn for some reason, the white paper says there should be a "structured withdrawal process including a period of consultation", with clear timelines and notice periods that are "appropriate for the scale of the change before it takes effect".

by | July 13, 2018 | 05:29

The crisis meeting came amid reports that Trump threated to pull out of North Atlantic Treaty Organisation over defense spending and after he he fired off more North Atlantic Treaty Organisation criticism in a pair of Twitter posts. But just days out from a high-stakes meeting with Russian President Vladimir Putin in Helsinki, the mercurial United States leader threatened to throw the transatlantic alliance into disarray.

by | July 11, 2018 | 15:57

Zanganeh added the United States president's order is an insult to the national sovereignty of these independent governments and nations. As India mulls to cease oil imports from Iran and rather import crude oil from Saudi Arabia and the US, Iran has issued stringent warnings to India.

by | July 11, 2018 | 05:11

The new list would mark the latest escalation of the trade war between the world's two biggest economies. President Donald Trump vowed to hit back on a growing list of products after China retaliated in kind for the first round of 25 per cent tariffs on $34 billion worth of imports that Washington imposed last week .

by | July 09, 2018 | 23:46

It is now trying to negotiate a waiver from the USA sanctions, but judging by the State Department's stated goal to reduce Iran's crude oil exports to zero, success is uncertain. Earlier this month, Reuters also reported that South Korea had upped crude oil imports from Kazakhstan, already looking for alternative supplies as the November 4 deadline for the sanctions draws nearer.

by | July 09, 2018 | 18:39

Starbucks' decision to stop using the straws follows last week's news that its founding city, Seattle , banned the use of all plastic straws and utensils in bars and restaurants in a push to reduce waste and prevent marine plastic pollution.

by | July 08, 2018 | 22:29

At the same time, more people entered the labour force to look for work, helping push the unemployment rate up for the first time in nearly a year. The concern is that a tit-for-tat escalation of tariffs will be increasingly damaging for activity, hurting sentiment and leading to a slower pace of growth in capital expenditure and job creation.

by | July 08, 2018 | 18:11

China should "step up efforts from both the supply and demand side and actively cultivate niche markets within the key consumer sectors", the meeting said, according to the broadcaster. Liquor maker Brown-Forman, whose products include Jack Daniels, is off 15 per cent since late May. If that were to persist, it could potentially disrupt imports of key products such as pork and soybeans.

by | July 08, 2018 | 17:57

At the same time, more people entered the labour force to look for work, helping push the unemployment rate up for the first time in nearly a year. Trump frequently touts the strong jobs picture as hiring has picked up in recent months.

by | July 07, 2018 | 11:50

Benchmark Brent crude oil was up 50 cents at US$77.80. West Texas Intermediate crude for August delivery fell 63 cents to $73.51 a barrel at 11:37 am on the New York Mercantile Exchange. Earlier, Kazempour Ardebili had said that Trump's pressure on global firms not to buy Iranian oil would drive prices higher and end up hurting the American economy.

by | July 07, 2018 | 03:59

Micron confirmed on Thursday a court in China has granted a preliminary junction that bans its Chinese subsidiaries from manufacturing and selling some of its products in the Asian country. The ZTE crisis has intensified China's desire to slash its dependence on foreign-made computer chips. "It certainly appears semiconductors could move to the prime-time in negotiations between the Trump Administration and China", Evercore ISI analyst C.J.

by | July 07, 2018 | 02:53

China's said it was "forced to make a necessary counterattack " to a USA tariff hike on Chinese goods but gave no immediate details of possible retaliation. The threat of a trade war has become a reality. As the world's most developed nation and the rule-maker of the current global governing system, there is "astounding absurdity" in the US complaining that it's been bullied in trade, the People's Daily, the flagship newspaper of the Communist Party of China, said in a Chinese ...

by | July 06, 2018 | 17:42

It called Wang "an exceptionally gifted leader and role model". "HNA Wang Jian died" briefly ranked 11th on Twitter-like Weibo's hot topics page, but was quickly gone from the top 50. Chinese tycoon Wang Jian has died in France in freakish circumstances while on a sight-seeing trip. Since then, it has transformed into a Fortune 500 company, operating China's four-largest airline and acquiring a 25-percent stake in Hilton Worldwide chain of hotels.

by | July 06, 2018 | 13:55

Trump had enraged Canada and other United States allies by declaring imported steel and aluminium a threat to America's national security and therefore a legitimate target for U.S. Ottawa Mayor Jim Watson, federal NDP Leader Jagmeet Singh and interim Ontario Liberal leader John Fraser are among those giving the event a pass, citing trade tensions and ongoing concerns with the administration of U.S.

by | July 06, 2018 | 12:46

The Chinese government previously said that it will impose tariffs of equal size on U.S. goods as retaliation and reiterated that retaliation would come soon. White House trade officials say the current strength of the U.S. economy means Washington can withstand more pain than its rivals if the battle escalates further.