Markets

by | July 25, 2018 | 01:06

North Korea appears to have started removing key facilities, such as a missile transfer structure and a rocket engine test stand, used to develop engines for ballistic missiles and space launch vehicles at the Sohae Satellite Launching Station in the northwestern province, satellite photos revealed by 38 North showed.

by | July 24, 2018 | 04:25

The electric auto company declined to comment on the specific memo but confirmed that it is seeking price reductions from suppliers for projects, some of which date back that far. Tesla said Monday, "Negotiation is a standard part of the procurement process, and now that we're in a stronger position with Model 3 production ramping, it is a good time to improve our competitive advantage in this area".

by | July 24, 2018 | 01:46

It may be good news for consumer activists and everyone who vehemently protested against the government's decision to impose a high GST rate of 12 percent on the menstrual hygiene product. Enterprises with annual turnover of upto Rs 5 crore would have to file quarterly returns instead of the current monthly filing, although they would continue to pay tax on a monthly basis.

by | July 23, 2018 | 09:58

Higher rates, however, strengthen the dollar against the world's currencies, which makes the United States a more expensive - and potentially less attractive - place to invest. But the president also acknowledged he was aware of the traditions that president's typically allow the Fed to operate independently to ensure the smooth functioning of the world's largest economy.

by | July 23, 2018 | 08:19

Analysts attributed 4.63 percent loss to oversupply concerns due increasing output of Saudi Arabia and Libya's regaining its normal output levels. Last week the National Oil Corp. moved to lift force majeure on several export terminals, and said that it would begin restoring the disrupted supply.

by | July 23, 2018 | 04:07

If there is a victor, and they take the cash payout, it will be worth $296 million. Forty-seven people matched four white balls and the Mega Ball and won $10,000. Players can purchase a ticket for the game for $2.00 at any Kentucky Lottery retailer, or can opt for a new option: the $3.00 "Just the Jackpot" ticket, which gives players 2 chances to win.

by | July 23, 2018 | 02:28

That came after CNBC on Thursday aired portions of a Trump interview in which he criticized the Federal Reserve's current course of interest rate hikes. Also yesterday, Trump took to Twitter to drag the Federal Reserve into the trade brawl , assailing the US central bank for its apparent reluctance to goose USA exports with a weaker dollar.

by | July 23, 2018 | 01:56

The affected products contain expiration dates between January 14, 2019 and April 13, 2019. Last week, Salmonella concerns prompted Flowers Foods to issue a similar nationwide recall for Swiss Rolls and a recall limited to Alabama, Florida, Georgia, North Carolina and SC for Captain John Derst's Old Fashioned Bread.

by | July 23, 2018 | 00:24

Several varieties of Ritz cracker products have been recalled due to salmonella concerns. Mars Food Canada says the seasoning pouches in its Uncle Ben's Fast & Fancy Broccoli and Cheddar, and Fast & Fancy Country Chicken flavoured rice could be contaminated with Salmonella.

by | July 22, 2018 | 13:44

The moves also look to reinforce possible weak spots. As for Trudeau's constant virtue-signalling to Canadians, and especially conservatives, that we must be welcoming and generous to asylum seekers, he should follow his own advice by adequately compensating cities like Toronto, which is absorbing the vast majority of border crosses headed for Ontario, who are overwhelming the city's emergency shelter system as a result.

by | July 22, 2018 | 04:50

Although FCA has not specified the nature of Marchionne's illness, the company revealed earlier this month that he had undergone surgery on his shoulder. "It is a situation that was unthinkable until a few hours ago, and one that leaves us all with a real sense of injustice", Elkann said in a statement.

by | July 22, 2018 | 04:31

Powell took questions from Senators after presenting his written statement to them, and will appear before a House committee on Wednesday. Manufacturers in every one of the Federal Reserve's 12 districts anxious about the impact of tariffs, a Federal Reserve report said on Wednesday, even as the US economy continued to expand at a moderate to modest pace.

by | July 22, 2018 | 03:42

Prime also welcomed more new members in Singapore on July 17 than on any other single day since its Singapore launch in December 2017, the Jeff Bezos-founded e-commerce company added. "Instead of building a loyalty program that is based on points, Amazon made a decision to charge a premium for clients willing to pay for a premium offering", he commented.

by | July 22, 2018 | 03:37

So far, footwear up to Rs 500 attracted 5 percent GST , and those having retail sale price of over Rs 500 attracted 18 percent rate. The GST Council has chose to link RFID tags (FAST tags used for paying toll) with traders' GST identification number (GSTIN) network to reduce harassment of transporters.

by | July 21, 2018 | 10:16

The PM expressed happiness and extended his wishes to the villagers who were elated after benefitting from the rural electrification scheme. He said it was not easy to reach those villages but a dedicated team of people did it. Interacting with the Prime Minister, beneficiaries from far away villages explained electricity has transformed their lives forever. "Electricity not only illuminates a place but also brings confidence in the people".

by | July 21, 2018 | 00:45

US uranium producers Energy Fuels Inc . and Ur-Energy Inc. filed a petition in January requesting an investigation under section 232 of the 1962 Trade Expansion Act - the same provision used to justify tariffs of 25 per cent on steel and 10 per cent on aluminum imports from countries including Canada, Mexico and Europe.

by | July 21, 2018 | 00:42

Notably, Azure - considered the leading rival to the dominant Amazon Web Services - saw revenue growth of 89% from the same period in 2017, though Microsoft doesn't disclose specific financials for the service. Analysts surveyed in advance by Yahoo Finance expect Microsoft to post earnings of $1.08 on $29.2 billion in revenue. Productivity group revenue was up 13 percent to $9.7 billion, with operating income up 20 percent at $3.5 billion.

by | July 21, 2018 | 00:44

In an interview with CNBC , Trump said, "I'm willing to go to 500", referring to the $505.5 billion in goods imported from China in 2017. "I'm not doing this for politics, I'm doing this to do the right thing for our country", Trump said.

by | July 20, 2018 | 12:41

But today, Adeeb Al-Aama, Saudi Arabia's OPEC governor, said that the Kingdom's July crude oil exports would be similar to June's, and that August's exports would be 100,000 bpd below that. Saudi Arabia claims that it has 2mbpd of excess capacity - not enough to plug a major hole in the world oil market. A sharp jump in US crude oil inventories also added to the bearish tone in the market.

by | July 20, 2018 | 09:41

Trump told CNBC in an interview: "I don't like all of this work that we're putting into the economy and then I see rates going up". Trump's remarks immediately raised questions about Trump's commitment to the Fed's political independence, a key pillar of the central bank's function.