Markets

by | December 01, 2018 | 01:10

President Trump is incensed at General Motors-again. But the president seemingly hasn't done the math on how cutting subsidies would actually affect GM. BMW is considering building a second plant in the United States. Some forces buffeting manufacturers are the result of other Trump policies. Trump's harsh words rattled investors, who bid down GM shares by 2.6 per cent on Tuesday after sending them up on Monday in response to the automaker's cost-cutting.

by | November 28, 2018 | 01:01

As well as Detroit-Hamtramck, assembly plants in Oshawa, Ontario and Warren, Ohio will close. "Today our generation is facing a new Black Monday in the Mahoning Valley", Congressman Ryan said, "GM's announcement is devastating for the men and women working at Lordstown and everyone here in the Mahoning Valley".

by | November 28, 2018 | 00:59

The two held talks on Tuesday before the king continued on to Tunisia. Khashoggi's murder also put a spotlight into Saudi Arabia's war in Yemen, with United States lawmakers pushing the Trump administration to stop its support for the Kingdom as a punishment for the killing.

by | November 28, 2018 | 00:38

The report, which is mandated by law every few years, is based on more than 1,000 previous research studies. Scientists, however, are quick to point out that weather is a short-term event and climate science looks at weather patterns over an extended period of time.

by | November 27, 2018 | 00:42

Logitech's interest in Plantronics has been short-lived, the company has confirmed. Plantronics said Logitech approached Plantronics regarding a potential acquisition and, consistent with the Plantronics board's fiduciary duties, the company entered into discussions with Logitech.

by | November 27, 2018 | 00:25

The ongoing crash in the crypto market has been attributed to a number of factors and events. After weeks of stability and very little volatility, Bitcoin has been on a free fall in the past two weeks. The entire cryptocurrency market capitalization has lost a significant amount of value, shedding $60 billion since last week. Top digital assets like BCH , BTC and ETH indicate there is pretty solid support at the current vantage point on the weekly's EMA200 and a bearish-to-bullish ...

by | November 23, 2018 | 19:16

Consumers will spend £2.4 billion on deals in stores and online, down from last year's £2.6 billion, according to the predictions from the Centre for Retail Research (CRR) and VoucherCodes.co.uk. "Black Friday is always exciting here at Northgate", said Grant. Here's the Target Black Friday ad to show you what's on sale. A look at social media reveals that Walmart stores across the USA - which kicked off sales at 6PM - were as crowded and intense as ever.

by | November 23, 2018 | 17:30

Existing travel links by plane, train and road will also be preserved beyond the Brexit transition. Many observers have said it is unlikely the British Parliament will vote in favor of the Brexit 585-page deal British Prime Minister Theresa May presented last week leaving open the question of how a no-deal Brexit would affect both the United Kingdom and the EU.

by | November 22, 2018 | 00:35

Ghosn is being held in a detention center in northern Tokyo in conditions far removed from his abundant lifestyle. Nissan's board will meet on Thursday (Nov 22) to make a formal decision on Mr Ghosn's future. Bail cannot be granted until prosecutors decide whether to proceed with an indictment, a process that could take weeks, and Mr Ghosn will not necessarily be joined by an attorney when he is questioned during that time.

by | November 21, 2018 | 23:43

Be sure to check out all the current Black Friday deals from their website. We used our data to try to determine the best time of year to buy popular products. "The LG 60UJ630V , a 60" 4K TV, was advertised at £799 by Amazon on Black Friday. Black Friday may not be until, well, Friday, but that doesn't stop all the deals coming out early and brandishing the name of the imported shopping holiday.

by | November 19, 2018 | 14:42

A representative for the Tokyo prosecutors said they don't comment on individual cases. Mr Ghosn, a foreign top executive in Japan , has been credited in the past as having turned Nissan around from near bankruptcy. "Saikawa will also propose the removal of Greg Kelly from his position as representative director". Ghosn is also chairman and chief executive of France's Renault.

by | November 19, 2018 | 11:24

The USDA has issued a recall on more than 91,000 pounds of Jennie-O turkey products that may be associated with a salmonella outbreak . The recall came one week before Thanksgiving - and one day after Consumer Reports called on the agency to disclose which company or companies have been linked to a recent salmonella outbreak that has sickened more than 160 people in 35 states and killed at least one person.

by | November 19, 2018 | 11:19

Police used tear gas to stop demonstrators on the Champs-Elysees. Although most of the blockades were carried out without incident, tempers flared at times as some drivers confronted the protesters or tried to force their way through. "It's a very powerful message sent from the depths of France", he said on BFMTV. At a blockade on a road in the south-eastern department of Savoie, a driver panicked when protesters surrounded her vehicle and she accelerated, hitting and killing a female ...

by | November 15, 2018 | 18:52

Oil traded near $56 a barrel after snapping a record losing streak as traders assessed signs of rising United States crude inventories against the prospect of OPEC and allies cutting output. Oil fell for a 12th consecutive session in its longest losing streak on record. Brent ended down US$4.65, or 6.6 per cent, to US$65.47 a barrel, the largest one-day loss since July 2018 .

by | November 14, 2018 | 10:26

Brent crude futures rose 80 cents on the day to $70.98 a barrel by 1205 GMT, while U.S. crude futures rose 36 cents to $60.69 a barrel. West Texas Intermediate, the US benchmark oil price , had been declining for the hour before the tweet and briefly dipped lower before trading at $60.14 per barrel, down 5 cents for the day, at 1:49 p.m.in NY.

by | November 11, 2018 | 22:16

This is also likely to be Alibaba's last November sale event with founder and chairman Jack Ma at its helm. This is 21 per cent higher than the 57 billion yuan that the Alibaba Singles' Day sale brought in its early phase past year. The current chief executive will take over as schairman next year, Alibaba announced in September. Billionaire co-founder Jack Ma has been a vocal opponent of the tariffs on hundreds of billions of dollars' worth of USA and Chinese goods, calling the trade ...

by | November 10, 2018 | 11:43

Southwest had 23 737 Max 8 in its fleet as of September 30, with nine more to be delivered by the end of the year. The company noted that the warning provides guidance to pilots and operators of new aircraft on how to proceed in these circumstances.

by | November 08, 2018 | 18:43

Twenty-First Century Fox Chief Executive, James Murdoch, who also sits on the Tesla board, was tipped to succeed Musk before today's announcement was made. Aside from her work at Telstra, she has also spent time at technology majors including Juniper Networks and Sun Microsystems. "I look forward to working even more closely with Robyn as we continue accelerating the advent of sustainable energy", Musk added.

by | November 05, 2018 | 05:59

Xi said later to be willing to meet Trump. The US this year has already imposed tariffs on $250 billion in trade with China. He said trade would be a topic when he gets together with Xi over dinner. "Those discussions are moving along nicely", Trump wrote on Twitter after speaking with Xi, five days before U.S. midterm elections that will determine whether his party retains control of Congress.

by | November 03, 2018 | 08:30

Imran is scheduled to hold talks with Chinese President Xi Jinping and Premier Li Keqiang and both the countries are expected to sign several agreements. In a meeting with Chinese IDCPC Minister Song Tao in Beijing , he said such exchanges would ensure that the exceptional friendship between Pakistan and China endured from generation to generation.

by | November 03, 2018 | 05:14

So, the market is betting on supply that may be there later but it is clear that it is not here now. Oil prices are falling again, Friday, as concerns over short-term supply worries ease, despite the U.S. USA crude oil production exceeded the Russian Ministry of Energy's estimated August production of 11.2 million b/d, making the United States the leading crude oil producer in the world .

by | October 29, 2018 | 20:51

Meanwhile open source big data vendors Cloudera and Hortonworks have made a decision to merge and earlier this year Salsforce dropped $6.5 billion on MuleSoft to power its Integration Cloud. It's not immediately obvious to me how the marriage between IBM and Red Hat brings combined value to the market. "Importantly, Red Hat is still Red Hat.

by | October 29, 2018 | 20:03

Syaugi told a press conference on Monday. The flight, which departed at 6.20am this morning (29th October), was expected to land in Pangkal Pinang at 7.20am but lost contact with air traffic controllers at 6.33am. Family members arrive a Jakarta airport after Lion Air crash. "Lion Air is very concerned about this incident and will work with relevant agencies and all parties", said spokesman Danang Mandala Prihantoro.

by | October 28, 2018 | 22:31

But other large industrial companies in the Dow fell, including Caterpillar and 3M which dropped 5.6 per cent and 4.2 per cent, respectively. Even so, traders are concerned about future growth amid rising inflation, interest rates and uncertainty over trade.

by | October 28, 2018 | 21:18

Turkey alleges a 15-member hit squad was sent to Istanbul to kill the journalist, a onetime Saudi insider who became an outspoken critic of Prince Mohammed in columns for The Washington Post . "We are here to demand only one thing from the King and the Crown Prince of the Kingdom of Saudi Arabia: The persons who gave the order for the bestial murder of journalist Jamal Ahmad Khashoggi, and the persons who carried the order, all of them must be brought to account", Nkanga demanded.