Markets

by | September 14, 2018 | 17:13

While he has financially supported cancer research and scholarships for immigrants, among other causes, Mr Bezos has primarily devoted his fortune to his Blue Origin rocket company, which he described on Thursday as an "investment in the future of our planet through the development of foundational space infrastructure".

by | September 14, 2018 | 08:54

Christopher McNally, an adjunct senior fellow at the East-West Centre in Hawaii, said the Trump administration may seek a deal on the trade war before the elections, though he cautioned that the U.S. AmCham China and AmCham Shanghai urged the Trump administration to re-think its approach. "I can't give you many details because there aren't many details".

by | September 14, 2018 | 01:01

In the months after Britain voted to leave the European Union, however, he committed to an additional year as governor , citing "the importance to the country of continuity during the UK's Article 50 negotiations". "Accordingly, I am willing to do whatever I can in order to promote both a successful Brexit and an effective transition at the Bank of England and I can confirm that I would be honoured to extend my term to January 2020".

by | September 14, 2018 | 00:40

After more than a year of negotiations, Canada and the United States are still trying to resolve differences over the North American Free Trade Agreement , which also includes Mexico. "We've taken those hits for team Canada, and we are determined that there be no further concessions on dairy", said David Wiens, vice president of the Dairy Farmers of Canada.

by | September 14, 2018 | 00:00

The bank said on Thursday that inflation developments pointed "to significant risks to price stability" due to the recent fall in value of the lira . He has repeatedly blamed the central bank for high inflation, which hit nearly 18% last month, its highest level since 2003. "Erdogan's comments clearly show that he does not support this and it becomes much more hard, if not impossible, for the Turkish central bank to tighten enough to stabilize the lira and get inflation under control", ...

by | September 13, 2018 | 17:26

Since spring when the President Donald Trump administration said it would impose sanctions on Iran, crude traders have priced in a risk premium reflecting the supply shortages that may occur when exports from the third-largest OPEC member are cut.

by | September 13, 2018 | 11:49

One of the rock formations was found to contain more than 2,400 ounces of gold , according to the Canadian miner RNC Minerals . Henry Dole , the miner credited with finding the gold, said "Never in my life have I seen anything like this".

by | September 13, 2018 | 11:11

The islands of Etorofu, Kunashiri, Shikotan and the Habomai islet group, called the Northern Territories in Japan and the Southern Kurils in Russian Federation, were seized by the Soviet Union after Japan surrendered in World War II in August 1945.

by | September 13, 2018 | 04:30

In the remarks, first reported by the business network CNBC , Mr. Dimon also said he is just as tough as Mr. Trump and smarter than the President. 'I can't beat the liberal side of the Democratic Party, ' he said. "It wasn't a gift from daddy", he said. The banking executive fully supported President Trumps corporate tax cuts that passed late a year ago, but has expressed frustration with the White Houses positions on immigration and trade.

by | September 13, 2018 | 03:47

Birth building fresh plant life now. The company said tariffs would hit "a wide range of Apple products", including computers, watches, adapters, chargers and tools used in its US manufacturing, fix and data centers. The plan, said industry analyst Ed Kim of AutoPacific, was to pare down the Focus lineup to Active wagons and import them from China. "However, while the USA equity bull market remains intact, there are risks in the near-term that warrant some caution", McPherson added.

by | September 12, 2018 | 23:14

Petrol price has now crossed Rs 89 a litre in Maharashtra . On Monday, petrol prices touched Rs 88.12/litre in Mumbai , while diesel cost Rs 77.32 per litre in Mumbai . Those living in Parbhani, 500 km away from Mumbai , are paying at least Rs 90.02 per litre due to higher transportation costs. The prices of petrol and diesel are under Rs 70 per litre in Port Blair, the capital of the Andaman and Nicobar Islands.

by | September 12, 2018 | 21:45

Just hours before Apple's 2018 iPhone event-which starts very soon-the names of its new products have seemingly leaked online ahead of the livestream. The iPhone XS Max may become the talk of the town if one were to go by rumors and speculations. A second phone with a 5.8-inch OLED display, likely called the iPhone Xs, would be similar to the iPhone X but with an improved processor.

by | September 12, 2018 | 21:27

So far, he has imposed 25% tariffs on $50 billion worth of Chinese imports, while China has retaliated by doing the same on a like amount of USA exports to China. But it is the world's biggest company by market capitalization that came under scrutiny at the weekend after its own warnings about the impact of tariffs and Trump's Twitter response.

by | September 12, 2018 | 21:25

As always though, stay tuned for more information (and LEAKS) throughout the day leading up to the event. So here's how you watch it, and what we're expecting to see this year. All three are expected to borrow the swanky all-screen design introduced with the iPhone X previous year. According to industry experts, it is likely to have aluminium edges instead of stainless steel.

by | September 11, 2018 | 23:25

In his ruling, Superior Court Justice Edward Belobaba concluded that the province "crossed the line" when it enacted Bill 5, titled the Better Local Government Act . "Democracy does not belong to a few of us, it belongs to all of us", he said. A number of Toronto city councillors also applauded the judgement. Kristyn Wong-Tam said many council candidates held off registering in the 25-ward system pending the outcome of the court case.

by | September 11, 2018 | 23:23

The National Hurricane Center (NHC ) says it expects the storm to make landfall in North Carolina or SC late Thursday into Friday as "an extremely unsafe major hurricane". Troops have received ready-to-deploy orders for Virginia, South Carolina, and North Carolina. Life-threatening and catastrophic river and flash flooding is also a near certainty for the Carolinas.

by | September 11, 2018 | 22:27

But as of 3.15 pm in NY, shortly after Hassett conceded the error and hours after the claim was challenged in news stories, Trump's false tweet about GDP and unemployment remained online. Asked about the veracity of the statement later that day at a White House press briefing, Hassett said: "So I can tell you what is true". He inherited a dismal economy in the middle of a recession that lasted 18 months, facing what many feared would be a depression, and was able to turn it around in ...

by | September 11, 2018 | 17:27

President Donald Trump insists his trade war with China will spur more manufacturing jobs in the U.S. Two of the companies he's targeted - Apple Inc. The company also said tariffs on wearable products would not effectively advance the administration's goals. The automaker emphasized that it already has a substantial manufacturing presence in the U.S.

by | September 11, 2018 | 16:40

Forex dealers said besides strong demand for the American currency, dollar buying by importers, mainly oil refiners in view of surging crude oil prices and capital outflows, weighed on the domestic currency. A report by worldwide credit rating agency Moody's Investors Service mentioned that sustained weakening of the rupee was "credit negative" for Indian companies that rely on USA dollar debt to fund their operations but generate revenue in rupees.

by | September 11, 2018 | 15:10

Kevin Lewis, the former spokesman, told Hill.TV that Obama came into office when both the USA and global economy were in a "free fall", and that he made the "necessary steps" and worked with Congress to ultimately save both. Standing behind the same podium where the former White House press secretary Sean Spicer once falsely claimed that Trump's inauguration drew the largest crowd there had ever been, Hassett thanked the reporter for the chance to set the record straight.