Markets

by | August 07, 2019 | 11:01

He also advised looking past stocks that could be affected by uncertainties, "and to be less economically sensitive, less susceptible to trade concerns and tariffs". In Europe, France's CAC 40 fell 2.2%, and the German DAX lost 1.8%. Sydney's S&P-ASX 200 retreated 2.6% to 6,468.30 and markets in Taiwan, New Zealand and Southeast Asia also declined.

by | August 07, 2019 | 05:42

The Trump Administration has been ramping up pressure on Caracas in a bid to oust President Nicolas Maduro from power. U.S. National Security Adviser John Bolton said on Tuesday that the new sanctions would choke off Maduro's worldwide financing, and he warned Russian Federation not to provide Venezuela with further support.

by | August 07, 2019 | 05:41

The Walmart subsidiary will face stiff competition from India's video streaming market, which is no less crowded than it is in the US. The service will be available for members of the Flipkart Plus loyalty program by September ahead of the peak Diwali shopping season, Bloomberg reports , citing unnamed people familiar with the plans .

by | August 07, 2019 | 04:45

At the moment, Hulu's live TV plan is not included in the bundle. The direct-to-consumer and global unit reported an operating loss of $553 million from April to June, wider than the $441 million loss analysts were expecting, and up from a $168 million loss from a year earlier.

by | August 07, 2019 | 03:34

China's central bank will sell 30 billion yuan ($4.2 billion) of bills in Hong Kong on August 14, according to a PBOC statement Tuesday. If no solution can be found, the president can impose various penalties such as banning Overseas Private Investment Corp financing in that country or excluding it from US government procurement contracts.

by | August 06, 2019 | 20:34

The Japanese government is seriously pursuing the goal of producing flying cars and it hopes to have people zipping around in them by the 2030s, according to Bloomberg . The auto, which has four propellers that give the vehicle its lift, is being tested in a large cage for safety. The flying vehicle is not actually a auto, but a quadcopter whose exact specs were not released.

by | August 06, 2019 | 19:40

Passenger Gayle Fitzpatrick, from Glasgow, said a "horrible white acrid" smoke filled the cabin about 10 minutes before it was scheduled to land. "What scared us on the plane was no tannoy system working to communicate what was happening and it taking 15 mins to get emergency doors to open", Brown told CNN.

by | August 06, 2019 | 19:11

The company announced its own branded credit card, a collaboration with banking giant Goldman Sachs, earlier in the year, and had promised a summer release. It also comes in a package with an NFC chip that allows users to activate it by simply tapping it on the iPhone screen. Anyone who wants to use Apple Card must also authenticate who they are with a fingerprint or via Face ID .

by | August 06, 2019 | 14:54

Analysts say the combined company could generate hundreds of millions of dollars in savings from reduced overhead and more efficient printing and distribution, which could help stave off the effects of an industry in deep decline. Several experts said they do not expect the Justice Department to have an issue with the deal, as the two companies have papers in different markets.

by | August 06, 2019 | 13:45

Globally, gold was trading up 1.13 per cent at Dollars 1,457.30 an ounce, while silver traded 1.51 per cent higher at USD 16.53 an ounce. Trade worries rose after the U.S. Also, growth in USA service sector activity unexpectedly slowed in the month of July, according to a report released by the Institute for Supply Management.

by | August 06, 2019 | 09:55

In an interview, Liang Hua , a high-ranking official from Huawei , said that HongMeng was not developed for smartphones and that the company still prefers Android as their "first choice" for a smartphone OS. Back in May, the United States placed Huawei in the "entity list", and President Donald Trump signed an executive order that practically banned the company from buying US -made products.

by | August 05, 2019 | 20:15

The U.S. crude benchmark, West Texas Intermediate, gained $1.71, or 3.2%, to settle at $55.66 a barrel, a day after tumbling almost 8% - the biggest loss in more than four years. "The prospect of an escalating US-China trade war will do no favors for the shaky global economic outlook". The latest tariff means that almost all United States imports of Chinese goods now have tariffs.

by | August 05, 2019 | 20:12

Issues around around workers pay have lead to members of the Unite workers union opting to strike on Monday 5th and Tuesday 6th August. It was not before at least 30,000 passengers had been told over the weekend that 177 flights had been cancelled during one of Heathrow's busiest periods of the year when tens of thousands of families jet overseas for the school holidays.

by | August 05, 2019 | 20:09

Just 10 days ago, USA stocks were trading at record levels, but the Trump administration's threat to impose more 10 per cent tariffs in September on $300 billion United States of Chinese imports has knocked back markets around the world. Donald Trump has repeatedly complained China failed to back up its pledge to make the "large quantities" of agricultural purchases that he claims President Xi Jinping promised during the G-20 summit in Osaka.

by | August 05, 2019 | 18:43

It's called " currency manipulation". " This is a major violation which will greatly weaken China over time! ". That followed President Donald Trump's threat last week of more tariff hikes on Chinese goods in a bruising fight over Beijing's trade surplus and technology policies.

by | August 05, 2019 | 14:12

U.S. West Texas Intermediate (WTI) crude futures CLc1 were also down 71 cents, or 1.28%, to $54.95 a barrel. Both crude benchmarks fell last week, with Brent dropping 2.5% and USA crude falling 1%. In a separate development, the New York Times reported last week about an ever-increasing number of Iranian tankers transporting oil to China and some other countries.

by | August 05, 2019 | 12:26

Trump went on to denounce white supremacy in a follow-up tweet shared a few hours after her original posts. R&B superstar Rihanna took to Instagram to share her condolences to the families of the victims, while also calling out President Trump for his response to the "hateful act".

by | August 04, 2019 | 22:22

The airport has yet to announce which flights are cancelled and urged passengers to check with their airlines. Unite said it would immediately enter talks at the conciliation service Acas, warning Heathrow against choosing to pay millions of pounds in compensation to airlines for cancelled flights rather than using the money to settle the dispute.

by | August 04, 2019 | 20:30

The customer agreement said the card can not be used to purchase cash advances or cash equivalents that include cryptocurrencies, casino gaming chips, race track wagers or lottery tickets. Purchase items elsewhere and you may receive a lower percentage back that deposits directly into your Apple Wallet. For example, Apple has ended the Barclaycard Apple Rewards card and now only offers basic financing plans via Barclaycard.

by | August 04, 2019 | 18:21

Malvern Group has said that although most customers should be refunded for their accommodation, any vouchers or entertainment tickets would no longer be valid. "Super Break produced a hotel-only brochure that displayed the Abta logo", Graeme Brett of Westoe Travel told Travel Weekly. About 400 customers are now on holiday.