Markets

by | August 23, 2019 | 18:50

Futures on the S&P 500 Index ticked higher after USA shares closed flat amid weak volumes. In saying "we will act as appropriate to sustain the expansion", Fed Chair Powell has more or less confirmed that markets are correct in anticipating another rate cut in September.

by | August 23, 2019 | 15:40

The mining giant - the world's biggest by market capitalisation - nevertheless announced a record dividend of 78 cents per share, which comes on top of the $17bn paid out to shareholders past year. "We're not completely immune to some form of downturn and that's why we're nervous". It revealed that a decision on the deployment of the trucks will be made on a site by site basis, considering return and risk metrics, as it looks to replicate the improvement in haulage costs and reduction in ...

by | August 23, 2019 | 15:28

The so-called backstop was only intended as a transitional arrangement for the not yet definitively settled Ireland issue, Merkel said Wednesday in Berlin during a meeting with British Prime Minister Boris Johnson . The pro-Brexit media has framed Merkel's comments as something of a victory. with the Sun's headline calling it a "Huge Brexit boost" and the Telegraph saying "Angela Merkel holds out prospect of a new Brexit deal".

by | August 23, 2019 | 09:42

Greene King plc has a 50 day moving average of 622.28 GBX and a 200 Day Moving Average share price is recorded at 614.92. Belhaven Brewery owner Greene King has agreed a £2.7 billion sale to Hong Kong property giant CKA. Adjusted pre-tax profit rose by 1.6% to £246.9m. Hong Kong's richest family has secured a deal to buy 220-year-old brewer Greene King for £2.7 billion.

by | August 23, 2019 | 07:39

US petroleum production in 2018 was composed of 80 percent crude oil and condensate and 20 percent NGPLs. Lingering concerns over U.S. Notwithstanding Tuesday's gains, concerns grew as to where last week's would be as industry group American Petroleum Institute prepared to issue a snapshot of what the U.S.

by | August 23, 2019 | 06:44

In Windsor, Kyriakos Anastasiadi wants to put a cannabis retail store at 545 Ouellette Ave. Yeomans said he's not anxious there will be any negative impacts. There were seven winners in Ontario's East Region, 19 in Toronto and the Greater Toronto Area, five in Ontario's northern region, which includes additional stores in Thunder Bay, and 11 winners in the province's western region.

by | August 23, 2019 | 04:58

The Dow Jones Industrial Average added 240, or 0.9%, to 26,202. The S&P 500 rose 23 points, or 0.8%, to 2,924. Overall same-store sales at Lowe's rose 2.3%, while Home Depot's same-store sales were up 3%. In recent years, Lowe's sales growth has lagged behind rival Home Depot Inc. A DIMMER VIEW: Shares in Cree tumbled 13.8% after the maker of energy-efficient lighting gave investors a weak forecast as it deals with the fallout from the U.S.

by | August 23, 2019 | 04:24

But Delrahim also said he did not know whether the companies' intent was to purchase those competitors. "I'm not privy to the facts of each of those investigations", he said. Beyond investigations into big tech by the Trump Administration, Democratic candidates have also been calling for investigations and other regulation of big tech companies and new technologies.

by | August 23, 2019 | 03:26

Those are due to go ahead on more than US$100 billion of Chinese goods despite the Trump administration's decision to postpone some other planned increases to mid-December. He gave no details of the conversation. Despite launching a section 301 investigation of France's digital services tax on 19 August, the USA wants to rebuild its traditional alliance with the members of the European Union (EU ) and Japan for waging a common fight against China's unfair practices, such as alleged theft ...

by | August 23, 2019 | 02:37

Regional flights are defined on the Jetstar NZ website as services to Napier, Nelson, New Plymouth and Palmerston North, raising the spectre of service cuts to regional centres of a similar kind to those that have landed national carrier Air New Zealand in political hot water in the past.

by | August 22, 2019 | 19:56

Macron will chair the summit which is scheduled to open in Biarritz, southwestern France, on Saturday. During last year's summit in June, President Donald Trump abruptly withdrew support for the joint statement. French President Emmanuel Macron has promised that gender inequality would be high on the G7 agenda as well. "So the European Union will be against the idea of reinviting Russian Federation to G7", he said.

by | August 22, 2019 | 13:27

According to a report in Bloomberg , Amit Agarwal , Amazon's country manager for India said that this facility will build services globally citing examples of AWS, Kindle, Alexa and Amazon Home Services that is innovating on things like doorstep pick-up and electronics fix.

by | August 22, 2019 | 13:26

Washington wants to keep some to ensure Beijing carries out any promises it makes. The last round of talks in Shanghai in July ended with no indication of progress. Trump said the question of whether the United States might be pushed into a recession was irrelevant. The three members had already launched the trilateral process at the level of trade ministers to address China's "non-market-oriented policies and practices", and had adopted common positions on new disciplines on industrial ...

by | August 22, 2019 | 06:57

But Powell's talk at the central bankers' gathering in Jackson Hole, Wyoming is the key event and will be closely pored over for clues about the bank's plans for next month, with experts unable to agree on whether or not he will announce further cuts.

by | August 21, 2019 | 22:41

The rule "will allow for termination of" the agreement, the Department of Homeland Security said in a statement, allowing the department and the Health and Human Services agency "to respond to significant statutory and operational changes that have occurred since the [Flores agreement] has been in place, including dramatic increases in the numbers of unaccompanied children and family units crossing into the United States ".

by | August 21, 2019 | 20:55

In Ireland, a court granted Ryanair's application for an injunction, preventing some Ireland-based pilots at the airline from taking strike action on Thursday and Friday. A London court is still hearing an urgent attempt by the airline to block a much larger strike by British pilots. "It means that all the time that could have been used to try to find a resolution will have been spent preparing for court action".

by | August 21, 2019 | 16:53

Three fires broke out in the spring of 2018. Walmart claims that the incidents were linked, and that they were all a result of "widespread negligence" on behalf of Tesla and its employees. Much of the merchandise was burnt or damaged, the facilities required substantial repairs, and damages totalled millions of dollars, according to Reuters citing the court papers.

by | August 20, 2019 | 21:38

Cameron and Tyler Winklevoss , the founders of digital assets exchange and custodian, Gemini , are looking to work with Facebook on the Libra project, despite their legal battle with the social media CEO, Mark Zuckerberg . "We have taken note of the statements made by David Marcus, chief of Calibra, on our potential role as data protection supervisory authority in the Libra context".

by | August 20, 2019 | 19:29

The U.S. government added Huawei to a list of "banned entities" that are prohibited from doing business with American companies in May. "These actions violate the basic principles of free market competition", said Huawei in a statement , calling on the United States government to remove the company from the " Entity List ".

by | August 20, 2019 | 17:40

The scheme launched in March 2017 to help mobile operators spot areas in their networks where performance could be improved. The reason why Google shuts down the service may be that sharing user-generated data from Android users' phones can cause company regulators to get into trouble by inviting them to talk.