Business

Business Trump administration plans to help farmers hurt by global trade tensions
Author: 0 Trump administration plans to help farmers hurt by global trade tensions

While promoting the global negations, Mr. Trump praised his hard-line trade strategy, saying slapping tariffs if the U.S.is treated unfairly is "simple". President Trump's tariff threats against China, Canada, Mexico and the European Union prompted immediate threats of retaliation. He has also threatened to slap tariffs on imported cars, trucks and auto parts, potentially targeting imports that past year totalled $335 billion.

Business AT&T Time Warner merger to be appealed
Author: 0 AT&T Time Warner merger to be appealed

The two companies closed the deal days later. Among 19 analysts covering AT&T Inc ( NYSE:T ), 6 have Buy rating, 2 Sell and 11 Hold. President Donald Trump , on the campaign trail, repeatedly expressed reservations about the deal, which includes ownership of CNN , the news network that frequently draws Trump's ire.

Business Comcast fires new salvo in £26bn battle for Sky
Author: 0 Comcast fires new salvo in £26bn battle for Sky

Comcast and Walt Disney ( DIS.N ) are locked in a separate $70 billion-plus battle to buy most of Fox's assets, which would include Sky, and Disney is backing Murdoch in his pursuit of the British company. Fox's long-running pursuit for all of Sky has been plagued by United Kingdom government fears over media plurality and broadcasting standards and the influence of Australian-born USA citizen Murdoch.

Business Theresa May urges Tory backbenchers to keep Jeremy Corbyn out of power
Author: 0 Theresa May urges Tory backbenchers to keep Jeremy Corbyn out of power

British Prime Minister Theresa May has appointed Jeremy Hunt as the new Foreign Secretary , following Boris Johnson's resignation from the job amid deep divisions over Britain's departure from the European Union (EU) or Brexit . Downing Street made clear the PM would fight any attempt to oust her by rebel MPs. British Prime Minister Theresa May won support from many of her ministers, including a leading eurosceptic, on Tuesday after two top cabinet members quit saying her Brexit ...

Business Iran tells Trump to stop tweeting about oil prices
Author: 0 Iran tells Trump to stop tweeting about oil prices

In a follow-up Twitter message on July 4, the president said that "the United States defends many of those countries for very little $´s". "This must be a two way street, REDUCE PRICING NOW!" Trump's scramble to slow down the oil rally comes four months ahead of U.S.

Business Trump's Tweet on Deal With Saudi King Makes Oil Prices Plummet
Author: 0 Trump's Tweet on Deal With Saudi King Makes Oil Prices Plummet

Iran is looking at ways to keep exporting oil after US President Donald Trump's administration threatened to impose sanctions on Iran's business partners if they don't cut Iranian oil imports to "zero" by November 4, in an attempt to further isolate Tehran politically and economically.

Author: 0 China presses Europe for anti-U.S. alliance on trade

He has slapped tariffs on imported steel and aluminum - action that has drawn retaliatory tariffs from US allies like Canada, Mexico and the European Union . While many other issues are dominating the headlines - the Supreme Court, immigration, and developments in the Russian Federation investigation - the slow burn of the United States' looming trade war may become one of the most significant stories in the months to come.

Business Amazon Prime Day Set For July 16
Author: 0 Amazon Prime Day Set For July 16

Here are all the details! Every day leading up to July 16, members will discover exclusive offers and deals . Amazon ( AMZN ) on Tuesday said it will start its fourth annual "Amazon Prime Day " on July 16 - an online event that the company says previous year was the busiest shopping day in its history.

Business Basketball: LeBron's Lakers start to take shape as big banner exits Cleveland
Author: 0 Basketball: LeBron's Lakers start to take shape as big banner exits Cleveland

James will join a Lakers team which has missed the playoffs for five consecutive seasons, the longest streak in franchise history. The Lakers were already viewed as a heavy contender to sign James this offseason, and according to Sports Illustrated's Lee Jenkins , James and his agent and advisors had been speaking at length about his options.

Business Iran, other dissenters complicate OPEC oil output boost
Author: 0 Iran, other dissenters complicate OPEC oil output boost

With output in Russian Federation rising back above 11-million barrels a day in June, and Saudi production climbing back above 10-million barrels a day, supplies from the top three producers are increasing. According to the ministry, Pradhan is scheduled to visit Vienna on June 20-21 to participate in the OPEC global seminar and will discuss these key issues with OPEC Secretary General Sanusi Barkindo and ministers from the 13-nation cartel.

Business Trump berates Democrats as he begs for their votes on immigration bill
Author: 0 Trump berates Democrats as he begs for their votes on immigration bill

The mothers themselves could not be contacted because access to detained immigrants is hard. The assessment of Trump's changes isn't much different at the White House, where officials were caught off guard by his sudden shifts this week on immigration - including his reversal in signing an executive order to halt the separation of immigrant families at the border.

Business President Trump continues criticism of Harley Davidson on Twitter
Author: 0 President Trump continues criticism of Harley Davidson on Twitter

The American motorcycle maker sells almost 40,000 new motorcycles a year in Europe, which accounts for 16 percent of the company's overall sales and is the biggest market for it outside of the US. To avoid this cost, the company will shift to countries where there are lower or no tariffs. The EU sales make up nearly 16.4 percent of Harley-Davidson's worldwide sales.

Author: 0 Opec to tackle thorny oil deal with tentative production lift

If all Opec members produced as much as they were allowed under the deal, Opec output would in theory rise by about 740,000 barrels per day, based on Reuters estimates of the group's production in May. The convoluted plan shows the difficulty Saudi Arabia has in bridging the gap between Russian Federation, which has pushed for a larger increase, and Iran.

Business Oil prices rise ahead of OPEC, China tariffs loom over United States prices
Author: 0 Oil prices rise ahead of OPEC, China tariffs loom over United States prices

Conversely, prices were supported by collapsing production from Venezuela and anticipated resistance from other OPEC members to increase production at the June 22 meeting in Vienna in Austria. Greg McKenna, chief market strategist at futures brokerage AxiTrader said there would likely be oil price volatility in the week ahead of the meeting.

Business Audi CEO arrested in Germany over diesel scandal
Author: 0 Audi CEO arrested in Germany over diesel scandal

Stadler is the most senior Volkswagen to be arrested over the so-called Dieselgate that came to light in 2015. The Munich prosecutors said Stadler's arrest was not made at the behest of USA authorities. "The suspect has been seen by a judge, who has ordered him to be remanded in custody", the prosecutors' office said in a statement, published by Reuters .

Business China's ZTE Reportedly Strikes Preliminary Deal To Lift U.S. Ban
Author: 0 China's ZTE Reportedly Strikes Preliminary Deal To Lift U.S. Ban

He said the Commerce Department is fining the company $1.4 billion, including $400 million in escrow, on top of a $1 billion US penalty a year ago. "We will closely monitor ZTE's behavior", Ross said in a statement. ZTE's failure to comply with these terms triggered the suspended denial order that prohibits American companies from doing business with the Shenzhen-based company, plunging it into crisis.

Business Porsche's Electric Mission E Becomes the Taycan
Author: 0 Porsche's Electric Mission E Becomes the Taycan

We'll have more , including a first drive of the Taycan , as soon as we get it. Taycan , roughly translated as " lively young horse ", references the imagery at the heart of the Porsche crest, which features a leaping horse. In addition to the new name, Porsche doubled down its investment in electrification Friday. This performance is in addition to a continuous power level that is unprecedented among electric vehicles: Multiple jump starts are possible in succession without loss of ...

Business A Move to Vermont Could Net You $10K, but There's a Catch
Author: 0 A Move to Vermont Could Net You $10K, but There's a Catch

To be eligible, a worker must be a full-time employee for an out-of-state business, work primarily from home or a co-working space in Vermont, and become a full-time resident on or after January 1, 2019. In March, Gov. Scott and the Vermont Department of Tourism and Marketing announced the Stay-to-Stay initiative, a program created to help tourists permanently relocate to the state.

Business Italian national pride on display as political crisis ends
Author: 0 Italian national pride on display as political crisis ends

The new government must now win confidence votes in parliament, expected to happen next week, Ansa news agency reported. The coalition deal turns the page on months of political turmoil following an inconclusive election in March which had raised jitters among Italy's European partners.

Business Where to get free donuts on National Donut Day 2018
Author: 0 Where to get free donuts on National Donut Day 2018

Krispy Kreme: The chain offers each customer a choice of any free doughnut , no purchase required. Atlanta's own boutique doughnut shop located in Brookhaven, Bon Glaze , will also be offering a free sugary confection with any purchase.

Business Specter of trade war after US tariffs on EU, Mexico, Canada
Author: 0 Specter of trade war after US tariffs on EU, Mexico, Canada

Commerce Secretary Wilbur Ross said starting Friday, steel and aluminuim products from will be subject to the same tariffs as most other nations when imported into the USA. Steel and aluminum stocks surged initially, but pared gains. Ross said that Argentina, Australia and Brazil will continue to be exempt from the tariffs though there have been "limitations" implemented "on the volume [of steel and aluminum] they can ship to the U.S".

Business Cheaper petrol on the way?
Author: 0 Cheaper petrol on the way?

Futures are headed for a fifth straight session of declines, the longest such stretch since February 9. Monday May 28 saw another price tumble for oil prices, after crashing down last Friday. India and South Korea are the next biggest buyers in Asia, each lifting 6 million to 7 million barrels in June, sources tracking USA crude sales to Asia said.

Business Federal Authorities: Reboot Your Router to Stop Russian Malware
Author: 0 Federal Authorities: Reboot Your Router to Stop Russian Malware

A group of foreign actors used VPNFilter malware, which can stop routers from operating altogether and can possibly collect information passing through them. Rebooting will disable the malware only temporarily, but that's OK: The bureau has seized a key web domain connected with the attack and will be able to detect the IP address of routers that hackers are attempting to re-infect.

Business Petrol, Diesel Prices Rise For 16th Day
Author: 0 Petrol, Diesel Prices Rise For 16th Day

State-owned Indian Oil Corp (IOC), Bharat Petroleum Corp Ltd (BPCL) and Hindustan Petroleum Corp Ltd (HPCL) were in April 2002 given freedom to revise rates of petrol and diesel on 1st and 16th of every month based on average rate of benchmark global petroleum product prices and rupee-US dollar rates in the preceding fortnight.

Business Starbucks to close over 8000 stores today for employee diversity training
Author: 0 Starbucks to close over 8000 stores today for employee diversity training

Starbucks is closing its stores to conduct the training after the arrests of two black men in Philadelphia last month at one of its stores. As a result, about 8,000 company-owned locations across the country will close early Tuesday. The men, who had previously asked for the code needed to use the store's bathroom, said they were waiting for a friend. "The respect should always be there", said Michelle Nunez-Armenta who is a student at Treasure Island Job Corps Center where she took ...

Business Italian president asks ‘Mr. Scissors’ technocrat to form government
Author: 0 Italian president asks ‘Mr. Scissors’ technocrat to form government

But the prospect of a neutral government ignited a backlash among the two populist parties, who are view it as yet another move by special interests to control Italy against the will of the people. The euro gained ground on the news, adding 0.4 percent against the USA dollar on Monday morning and ticking up against most other major trading partners as well.

Business Trump Releases Financial Form, Discloses Payment to Lawyer
Author: 0 Trump Releases Financial Form, Discloses Payment to Lawyer

The disclosure form said that Trump has about $1.5 billion in assets. "At the time he filed it past year, he may not have known this payment was made or that a payment was made at all". Daniels has alleged she had a sexual encounter with Trump in 2006, a claim he denies. Apol's letter was released with the Trump disclosures. "Leaves DOJ no choice but to open at least a preliminary investigation into Trump for false statements (if he wasn't already a subject in the Cohen inquiry, ...

Business Banned Ozone-Destroying Chemicals Still In Production, Scientists Baffled
Author: 0 Banned Ozone-Destroying Chemicals Still In Production, Scientists Baffled

This was partly because nations had all agreed to ban or phase out CFCs, which are short for "chlorofluorocarbons" but are simply called "ozone-depleting substances", due to an global treaty back in the 1980s called the Montreal Protocol. But "continued increase in global CFC-11 emissions will put that progress at risk". So where exactly are these increased emissions coming from? "We are making the measurements from very far away from these regions and I think more specificity is going to ...

Business Mike Budenholzer Reportedly Met With, Not Offered Contract by Raptors
Author: 0 Mike Budenholzer Reportedly Met With, Not Offered Contract by Raptors

The Bucks may have had a disappointing season with only 44 wins, a first-round exit and a midseason coach firing. They're hoping that Budenholzer will be able to take them to the next level. He previously worked under Gregg Popovich as an assistant coach for the San Antonio Spurs . Budenholzer was named NBA Coach of the Year that season.

Business Tarsus Group plc (LON:TRS) Weekly Ratings on May 15, 2018
Author: 0 Tarsus Group plc (LON:TRS) Weekly Ratings on May 15, 2018

The stock of British Land Company Plc (LON:BLND) earned "Hold" rating by Liberum Capital on Monday, January 8. The stock of Greggs plc (LON:GRG) earned "Buy" rating by Berenberg on Thursday, February 15. It has a 12.28 P/E ratio. The John Crane division offers engineered services and products comprising mechanical seals, seal support systems, engineered bearings, power transmission couplings, and specialist filtration systems.

Business Amazon Prime Members to Receive 10% Off Whole Foods Sale Items
Author: 0 Amazon Prime Members to Receive 10% Off Whole Foods Sale Items

Analysts at Morgan Stanley predicted that the latest perks could make Whole Foods cheaper than conventional grocers for roughly 8 million Amazon Prime subscribers, according to Reuters . Sustainably sourced, wild-caught halibut steaks: $9.99/lb., save $10/lb. The Prime discounts include 10% off sale items and weekly specials that rotate.

Business Amazon is expanding its Go convenience store to two more locations
Author: 0 Amazon is expanding its Go convenience store to two more locations

Amazon now has job listings for store manager positions in both San Francisco and Chicago. Talking about Amazon Go, it's a revolutionary store that holds nearly everything. There is now only one Amazon Go store located in Seattle. Shoppers need to open the Amazon Go app to enter, and any products they take from the store are automatically charged to their account when they leave.

Business German coach in a fix over World Cup squad announcement
Author: 0 German coach in a fix over World Cup squad announcement

The 27-man squad announced on Tuesday by Germany coach, Joachim Low, is made up of four goalkeepers , nine defenders , ten midfielders and four strikers . Marco Reus was also selected, but Borussia Dortmund teammate Goetze was left out. Borussia Dortmund forward Marco Reus is included after missing both the 2014 World Cup and Euro 2016 through injury.

Business Post Walmart deal, Flipkart's ESOPs valued at $2 billion
Author: 0 Post Walmart deal, Flipkart's ESOPs valued at $2 billion

Last year, in exchange for an equity stake, eBay which is one of the biggest global online market players, invested 500 million United States dollars and sold eBay.in to Flipkart . As unplanned, the announcement was, the deal has put SoftBank in a tight spot. The report further said, " SoftBank believes in the upside potential of Flipkart under Walmart leadership, which could eventually offer an exit to the remaining shareholders by taking the company public in the United States".

Author: 0 Oil Stocks: Iran Sanctions Could Add to Global Supply Shortage

Oil prices rose to their highest levels since late 2014 on Monday, boosted by the latest troubles for Venezuelan oil company PDVSA and a looming decision on whether the USA will re-impose sanctions on Iran. As the South American country has failed to invest enough in its oil industry, the output of Venezuela has halved since the early 2000s to 1.5 million barrels per day.

Business Life is Good: Jobs Grow and Unemployment Declines in April
Author: 0 Life is Good: Jobs Grow and Unemployment Declines in April

The labour-force participation rate - the percentage of people who are now employed or in search of a job - fell for the second straight month to 62.8 per cent. The U.S. unemployment rate is at its lowest since 2000, but Donald Trump's flirting with trade wars might jeopardize the economic growth. Over the past three months, monthly job growth has averaged 208,000.

Business IndiGo profit plunges 73%
Author: 0 IndiGo profit plunges 73%

Interglobe Aviation's EBITDAR declined 21.9% to Rs 1132.10 crore in the January - March 2018 quarter, compared to year-ago period. Last week, the company had announced that its president, Aditya Ghosh , would step down after 10 years with the company and it would consider naming Gregory Taylor, an airline sector veteran, as his successor in the coming months.

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