Markets

by | August 12, 2018 | 00:36

Following Elon Musk's recent tweets in which he claimed that he has the funding to take Tesla private and was seriously considering the move if Tesla's stock price reaches $420, analysts have been left confused and unsure of Musk's plans.

by | August 11, 2018 | 20:06

The growing trade conflict is causing rifts within China's Communist Party, with some critics saying that an overly nationalistic Chinese stance may have hardened the USA position, sources close to the government have said. The firm action taken by China is meant to further deepen reform and opening up, and do well in its own affairs. The list is heavy on industrial products such as steam turbines and iron girders.

by | August 11, 2018 | 19:21

Responding to concerns relating to custody, VanEck pointed that its ETF will not invest in physically settled bitcoin contracts, however, it could participate with market players to decide on a solution to satisfy direct custody requirements.

by | August 11, 2018 | 16:10

He said he had authorized higher tariffs on imports from the United States' NATO ally, imposing duties of 20 percent on aluminum and 50 percent on steel . "The situation of Turkey can not go on for much longer - I think they will have to intervene", Cristian Maggio, head of emerging markets strategy at TD Securities, adding that the intervention needed to be "drastic".

by | August 11, 2018 | 15:56

The company denies responsibility for how the military used the product. He worked at the time as a groundskeeper for the school district in Benicia, a suburb north of San Francisco. Doctors have said he probably does not have long to live. His victory may set the precedent for many others. The lawsuit is the first to accuse the product of causing cancer, but observers say a Monsanto defeat likely opens the door to thousands of other claims against the company, which was recently acquired by ...

by | August 11, 2018 | 09:24

President Trump said Friday the US will double tariffs on steel and aluminum for Turkey, noting the relationship between the two states "are not good at this time!" The lira , he noted on Twitter , "slides rapidly downward against our very strong Dollar!" The U.S.

by | August 11, 2018 | 06:22

The United States is the world's biggest steel importer. The U.S. responded by slapping sanctions on Turkey and threatening more . Turkey said on Friday it would retaliate to the raising of steel and aluminium tariffs by the US administration.

by | August 11, 2018 | 01:40

The sudden drop came when Donald Trump announced on Twitter he was doubling United States import tariffs on Turkish steel and aluminium. The tensions with Washington have, for investors, underscored Turkey's authoritarian trajectory under Erdogan.

by | August 10, 2018 | 23:49

At the beginning of August, BTC's price was close to $7,770. In addition, the price of Bitcoin is below the 12-day EMA and the 26-day EMA which indicates that the BTC price was falling. Bitcoin Cash (BCH ) values have also dipped considerably since our last markets update as one BCH is trading for $604 at press time. It is now down 3.85% in the last 24 hours.

by | August 10, 2018 | 19:34

There are four canceled flights between Stockholm and Alicante and Barcelona. "Ryanair is the only multinational in Belgium that doesn't respect the Belgian law and that's not normal", said Didier Lebbe, a representative of union ACV-CSC, whose demands include securing its pilots pay when they are on stand-by.

by | August 10, 2018 | 11:03

In late March, Trump ordered 60 more Russian diplomats expelled from the USA as part of a global response to the attack - a response that included similar expulsions of diplomats from other nations checking Russia . But U.S. officials had not yet confirmed the use of banned nerve agents in the attack. One of them, Dawn Sturgess , died eight days later. They are being imposed in response to a 1991 USA law which requires export controls to be imposed on any country found to have used ...

by | August 09, 2018 | 02:32

Now the legislation heads for New York Mayor Bill de Blasio's desk, who is expected to sign it. At the end of July, we learned that the New York City Council was looking into capping the number of ride-sharing vehicles in the city while it tried to figure out related issues like congestion.

by | August 09, 2018 | 01:26

The US had already levied 25 percent duties on $34 billion in Chinese goods on July 6 , prompting swift in-kind retaliation from Beijing . The tit-for-tat protectionist measures are poised to surge even higher, with the USA reviewing 10 percent duties on a further $200 billion in Chinese imports that it may even raise to 25 percent after a comment period ends on September 6.

by | August 08, 2018 | 23:15

Trump, who has boasted that trade wars are "easy to win", has threatened to ramp up the pressure and slap tariffs on virtually all of China's exports to the United States if Beijing does not back down and take steps to reduce the $335 billion U.S.

by | August 08, 2018 | 21:27

In a release, board members Brad Buss, Robyn Denholm, Ira Ehrenpreis, Antonio Gracias, Linda Johnson Rice, and James Murdoch said Musk opened the discussion last week. "What does Musk mean by 'funding secured?"' asked Toni Sacconaghi, an analyst at Bernstein who has always been bearish on Tesla shares. Of course, now that Musk has stated that he has secured the funds to do so, he may need to carry it out lest he face accusations of stock manipulation, according to FT, as the mere ...

by | August 08, 2018 | 18:28

But Mrs May insisted a deal is still the "most likely outcome". "But the worldwide trade secretary is right to say there is a risk of the negotiations not succeeding and the government has to prepare for all eventualities". The Foreign Secretary Jeremy Hunt has expressed less optimism, suggesting that it is possible that no deal could prevail "by accident", if negotiations collapse.

by | August 08, 2018 | 16:26

The company has shifted over the past year to primarily selling ads through self-service, automated auctions rather than direct sales. Snap lost about 1 million users in each of its three geographic reporting regions: North America, Europe and rest of world.

by | August 08, 2018 | 14:15

Co-founder and chief executive Bhavish Aggrarwal said the firm chose the United Kingdom for its European launch as "one of the world's most evolved transportation markets". Ola's latest moves to expand overseas is part of a broader company strategy to create a massive global business that will be generate consistent revenues , alongside its domestic Indian operations.

by | August 08, 2018 | 12:53

West Texas Intermediate (WTI) crude futures CLc1 were up 59 cents at $69.60 a barrel and Brent crude oil futures LCOc1 were up 86 cents to $74.61 per barrel at 6.52 a.m. In other news, US drillers cut two oil rigs in the week to August 3, bringing the total count down to 859, General Electric's Baker Hughes energy services firm said on Friday.

by | August 08, 2018 | 11:25

China recently threatened to slap retaliatory tariffs on an additional $ 60 billion in USA goods. "China has to take necessary countermeasures to defend its dignity and the interests of its people, free trade and the multilateral system".