Markets

by | September 27, 2018 | 03:52

Fed Chairman Jerome Powell said the gradual pace is helping to support the continued economic expansion, even as the benefits have not reached all Americans. Compounding the effects of the tariffs and retaliatory tariffs resulting from Trump's trade war, other factors could slow growth next year. All the good news has helped fuel a stock market rally.

by | September 27, 2018 | 03:36

Trudeau also said the tariffs that Trump imposed on Canadian steel and aluminum in late May would have to be scrapped before Canada felt comfortable signing a new NAFTA. The U.S. dollar rose against a basket of major currencies after the Fed raised interest rates as expected for the eighth time, flagged more rate hikes and signalled the end of the "accommodative" policy era.

by | September 26, 2018 | 20:55

Trump's top trade official said that although they were "running out of time" for this deadline, talks with Canada will continue. "We are looking for the right deal". Mr. Lighthizer's comments, however, added some nuance: If Canada doesn't reach an agreement on NAFTA, he said, the US still intends to negotiate a later deal rather than shred the free-trade pact entirely.

by | September 26, 2018 | 18:56

This policy will apply globally to all accounts that advertise these financial products. Google had banned crypto advertisements in June in order to protect consumers from scams , particularly fraudulent initial coin offerings (ICOs). It now appears that Google feels that regulated cryptocurrency exchanges are not the kind of threat to the consumers they considered them to be and hence, the ad-ban is being reversed for regulated cryptocurrency exchanges.

by | September 26, 2018 | 18:51

After 68 years of America running on Dunkin', we're moving to a first-name basis. In a tour of a next-generation Dunkin' store, Tyler reports that the most notable change - beyond the logo - is the inclusion of a new tap system for cold beverages.

by | September 26, 2018 | 17:01

However, Reuters reported on Friday , citing a source familiar with the talks, that OPEC and non-OPEC countries are discussing a possible, additional output increase of 500,000 barrels a day to offset falling supplies from Iran because of us sanctions.

by | September 26, 2018 | 15:43

But Reuters' survey, conducted over six weeks between August and September, found that London is likely to remain the world's worldwide financial services hub after Brexit . With little more than six months to go before Britain leaves the EU, London and Brussels remain at loggerheads on what their future relationship will look like, and May has insisted on new controls for migrant workers from the bloc.

by | September 26, 2018 | 15:26

On Thursday, Trump called on OPEC to lower prices, after benchmark Brent oil reached $80 a barrel, mainly stemming from a decline in exports from Iran , because of fresh USA sanctions. military protection - the same case he's made with Europe and North Atlantic Treaty Organisation. The bank's analysts said in a note Tuesday that "another supply catalyst beyond Iran would likely be needed for prices to meaningfully break to the upside".

by | September 26, 2018 | 13:31

The government of the United Kingdom said that it planned to grant all necessary traffic rights to European airlines so that they can continue operating to and from the UK without disruption even in the case of a " no deal Brexit ". But the motion passed was a compromise - leaving the option of a second referendum open, but not calling for it directly. But EU officials say that amounts to unacceptable "cherry-picking" of elements of membership in the bloc without accepting all of its costs and ...

by | September 26, 2018 | 11:45

Watch live in the player above. Mr Trump's motorcade arrived during Mr Moreno's speech at the United Nations headquarters in NY. The U.S. would have to first re-join the nuclear accord negotiated by Trump's predecessor, Barack Obama, he said .

by | September 26, 2018 | 07:52

Lighthizer said. He said there's a "possibility" of building on a U.S. -Mexico deal to update the three-country pact but that it's his job to stand up for Canada's interests. Whether the US could actually proceed with a separate bilateral deal with Mexico, absent Canada, is a matter of debate. The Trade Representative is supposed to meet with Canadian Foreign Minister Chrystia Freeland sometime during the United Nations General Assembly meeting in NY, but an unnamed senior administration ...

by | September 26, 2018 | 06:31

By 2025, Millennials and Generation Z will make up almost 40 per cent of luxury goods consumers, according to Deloitte's 2018 "Global powers of luxury goods" report, but these younger consumers are after something different when it comes to luxury.

by | September 25, 2018 | 16:56

You download this program on your Windows PC or Mac machine, after paying for it once, and you get unrestricted access to all its included apps. This major update is available now on Mac and Windows devices and brings a number of improvements to the popular software including upgrades to Word, Excel Powerpoint and Outlook.

by | September 25, 2018 | 12:32

According to a UBS note sent to clients on Monday, Comcast's subscriber base will climb to 53 million from 30 million as a result of the Sky deal, while its global reach jumps to 25% from 8%. "We believe it also sets the stage for possible asset swaps", he said . "We consider the Comcast Offer to be an excellent outcome for Sky shareholders, and we are recommending it as it represents materially superior value", said Martin Gilbert, Chairman of the Independent Committee of Sky.

by | September 25, 2018 | 09:28

The departures raise questions about Instagram's future at a time when Facebook faces its most sustained set of crises in its history. The pair founded Instagram in 2010 and grew the app to around 30 million users before selling it to Facebook two years later for approximately US$1 billion.

by | September 25, 2018 | 07:06

President Donald Trump is pressing China to reduce its huge bilateral trade surplus and make sweeping changes to its policies on trade, technology transfers and high-tech industrial subsidies. On Saturday, Beijing cancelled scheduled talks with Washington meant to defuse trade tensions. Fitch Ratings has cut its growth estimates for China and the world for 2019.

by | September 25, 2018 | 02:45

But Saudi Arabia's energy minister Khalid al-Falih left the way open to a future production hike, as supplies tighten due to the U.S. imposing sanctions on Iranian oil from November this year. Furthermore, the commodity has also rallied in the wake of USA sanctions on Iranian oil exports and fears about OPEC-member depletion rates. Iran's OPEC governor, Hossein Kazempour Ardebili, said in comments to Reuters that Saudi Arabia and Russian Federation were unable and unwilling to add more ...

by | September 25, 2018 | 02:41

Rosenstein remains the deputy attorney general despite reports that he had resigned. While numerous news outlets reported that Deputy Attorney General Rod Rosenstein expected to be fired when he was summoned to the White House on Monday, Rosenstein left the White House with his job intact after a private meeting with President Donald Trump's chief of staff John Kelly .

by | September 25, 2018 | 01:44

SiriusXM is buying Pandora in a $3.5 billion all-stock deal. Unlike most competing platforms, the new SiriusXM subsidiary has three types of music streaming services , including a free, ad-supported tier, a Plus, and a Premium option. "Supporting and strengthening" Pandora's "highly relevant" brand is another (vague) long-term objective, with investments in "content, technology, innovation, and expanded monetization opportunities through both ad-supported and subscription services in and ...

by | September 25, 2018 | 00:26

Barrick shareholders will own about two-thirds of the new entity and Randgold investors the remainder, the two companies said in a statement on Monday. "Mr Bristow has struck gold , in a sense, as he now becomes the boss of the world's biggest gold miner", said AJ Bell investment director Russ Mould.