Markets

by | October 02, 2019 | 19:40

However, the arbitrators turned down the EU's demand to delay the ruling saying it was neither legally necessary nor legally appropriate to await the outcome of the second compliance proceeding concerning the US' failure to implement the WTO ruling against Boeing.

by | October 02, 2019 | 17:24

President Donald Trump has given the green light for the review, a person familiar with the deliberations said , but exact mechanisms or a timeline had not been worked out. When the story first appeared, Chinese stocks slipped. (Nasdaq: BIDU) and JD.com Inc. You may remember Bloomberg initially reported the Administration was considering a number of steps against China, including delisting Chinese companies and limiting US investor exposure to China through Chinese government pension funds.

by | October 02, 2019 | 12:33

Data showed the USA manufacturing sector contracted in September to its weakest level in more than a decade as business conditions worsened amid trade tensions between China and the United States. The Euro fell to its lowest level in 28-months against the U.S. Dollar on Monday as concerns about Euro Zone growth weighed on the single-currency, while the greenback benefited from a seasonal demand and uncertainty arising from the U.S.

by | October 02, 2019 | 10:41

The developer has filed for bankruptcy recently. The loans were sanctioned to the realty developer since 2008, according to sources. On 25 September, rebutting social media rumours swiftly, the Reserve Bank had said no commercial banks were going to be shut.

by | October 02, 2019 | 09:55

But they are also ramping up calls on governments to jump in too with fiscal measures, saying they can't do all the heavy lifting. Chief Economist Brian Coulton said. Consumer-price growth in the euro area slipped below 1% in September for the first time since 2016, falling further from the European Central Bank's goal.

by | October 02, 2019 | 09:24

The Treasury's comments follow a wave of western media reports claiming that the Trump administration was in talks to consider various options to reduce US investments in Chinese companies. One said it was motivated by the Trump administration's growing security concerns about the companies' activities. Still, with trade talks between Washington and Beijing expected to be held 10-11 October, many market players were sticking to hopes such drastic measures on capital markets could be ...

by | October 02, 2019 | 07:44

A spokeswoman for the U.S. Treasury said the White House "is not contemplating blocking Chinese companies from listing shares on U.S. stock exchanges at this time". Merck & Co Inc MRK.N gained 1.5% as it presented promising data for its Lynparza cancer drug, which it developed in partnership with Britain's AstraZeneca PLC AZN.L .

by | October 02, 2019 | 07:24

While other companies, namely Amazon, have dabbled in package deliveries by drone, UPS is looking to take things a step or six further by going from small pilot programs to a full-fledged subsidiary business. "We will soon announce other steps to build out our infrastructure, expand services for healthcare customers and put drones to new uses in the future".

by | October 02, 2019 | 06:53

The FRC gave no details on the scope of the investigation, but the launch follows reports in the press that Thomas Cook used an excessive amount of "exceptional items" to massage its profit numbers, helping executives reap bigger bonuses and disguising the true health of the business.

by | October 02, 2019 | 06:32

Responding to Zuckerberg's behind-the-back talking, Warren tweeted on Tuesday accusing Facebook of engaging in "illegal anticompetitive practices". "One of the things that I've been lucky about in building this company is, you know, I kind of have voting control of the company, and that's something I focused on early on", he said.

by | October 02, 2019 | 05:53

The phone camera takes nine shots (two groups of four, prior to pressing the shutter) and one longer exposure (at the point of press, at various shutter settings). In a new video, Zeck Nelson has put Apple's latest iPhone 11 to the test - prices for the most affordable of the new iPhone 11 series start at RM3,399 - and the results may surprise some.

by | October 02, 2019 | 05:12

Heads up safety move by a ramp worker!", the chief executive of the American Osteopathic Association, Kevin Klauer captioned the video. Several workers wearing bright yellow vests can be seen standing around the cart, seemingly trying to figure out a way to stop the out of control cart.

by | October 02, 2019 | 02:39

Total orders were slightly better than in August but still in contraction. The gauge from IHS Markit rose to 51.1 from 50.3, with employment at the best reading since May and new orders up from the prior month. President Donald Trump blames the Federal Reserve - in particular Chair Jerome Powell - for the sector's malaise. Fed officials "don't have a clue" and are "pathetic", the president tweeted.

by | October 02, 2019 | 01:28

The information had earlier been reported by Bloomberg. They say a tentative deal could be reached by the end of this year, given that President Donald Trump's administration would strive to avoid the United States economy falling into a recession in an election year.

by | October 01, 2019 | 23:30

However, Ford has struggled to gain traction in a market dominated by Maruti Suzuki and Hyundai . The venture will manage Ford's Indian operations. The venture will be operational by the middle of next year. "It will unlock opportunities for both", said Mahindra, adding that Ford's access to new technology and reach in emerging markets will be valuable for the company.

by | October 01, 2019 | 18:24

It's essentially an internet phone directory. Internet service providers are concerned that the new protocol will "alter the internet's competitive landscape" and shut them out from the majority of user data. They worry that they are being shut out of much user data if browser users move entirely over to this new encrypted protocol which many Internet service providers don't now support.

by | October 01, 2019 | 12:45

It further stated that the petroleum prices were expected to rise internationally from mid-December and the trend of rising prices would continue till November. Earlier, in April and June, it was hovering near $72/barrel. The department announced on Sunday that from Wednesday motorists would have to fork out 18 cents more for a litre 95 octane petrol and 25 cents more for diesel .

by | October 01, 2019 | 10:42

This accident is interesting because a claim has been filed with the insurance company. Another man took to Twitter to show his test in Frisco, Texas. "Smart Summon is created to allow your auto to drive to you (using your phone's Global Positioning System as a target destination) or a location of your choosing, maneuvering around and stopping for objects as necessary".

by | September 30, 2019 | 23:14

Forever 21's fast-fashion model meant the company had to update its mix of clothes faster than the pace at competing department stores or single brands. Forever 21 was granted protection under the Companies' Creditors Arrangement Act at the Ontario Superior Court of Justice in Toronto, the company said.

by | September 30, 2019 | 22:14

The Caixin/Markit Manufacturing Purchasing Managers' Index (PMI) for September rose to 51.4 from 50.4 in August, marking the second straight month of expansion. The gauge for backlogs of work increased to the highest since January 2018. Winter smog controls are expected to keep a lid on heavy industries in some parts of the country in coming months.