Finance

by | August 21, 2018 | 02:49

The company has been under pressure to increase production of its Model 3 sedan, and Musk said that he was working up to 120 hours a week and sometimes takes Ambien to get to sleep. Securities regulators have reportedly been investigating since past year whether Tesla led investors astray about its Model 3 auto production problems, according to a Wall Street Journal article, citing people familiar with the matter.

by | August 18, 2018 | 11:02

A Chinese delegation led by Vice Minister of Commerce Wang Shouwen will meet USA representatives, China's Ministry of Commerce said in a statement, with the Wall Street Journal reporting that talks will take place in Washington on August 21 and 22.

by | August 17, 2018 | 07:08

The Chinese Commerce Ministry announced Thursday that a delegation will travel to the United States later this month for talks. "Wang Yiwei, a professor at Renmin University's worldwide studies, said Wang's trip follows the Communist Party's annual closed door meeting at the Beidahe resort, where the trade war was likely to have been one of the main topics of discussion".

by | August 15, 2018 | 07:13

While opposition parties attacked the government, hitting back at the Prime Minister for his attacks against the UPA government in 2013 for the falling rupee, Congress chief Rahul Gandhi described the weakening to an all-time low of 70 .10 as "a vote of no-confidence".

by | August 14, 2018 | 14:15

The latest blow came on Friday , when US President Donald Trump said he had approved the doubling of tariffs on Turkish steel and aluminium. The Turkish lira has plunged 40 percent this year, dropping 16 percent Friday and tumbling another seven percent Monday, trading at 6.9 to the dollar , up slightly from its low point.

by | August 04, 2018 | 10:29

The U.S. president has accused China and others of exploiting the United States in global trade, and has demanded Beijing make a host of concessions to avoid the new duties on $200 billion of Chinese goods, which could be imposed in the weeks after a comment period closes on September 5.

by | July 28, 2018 | 17:19

Donald Trump warned at a cabinet meeting last week that he would move forward with 25 per cent auto tariffs if the meeting with Mr Juncker didn't go well. They warned that new duties would be harmful to USA businesses, especially those that rely heavily on products that only China can provide, with one witness decrying the "blunt instrument of tariffs".

by | July 28, 2018 | 15:45

As the man himself said on Twitter Wednesday, any lawmaker who questions his tariffs is "weak". The breakthrough came as the bitter trade dispute between the USA and China appeared to have claimed a casualty, with China not approving U.S.

by | July 25, 2018 | 09:33

Trump risks escalating the trade war with the suggestion he might impose more tariffs on automobiles and other products if countries don't negotiate better trade deals with the United States. He added: "Pretend someone smashed your vehicle, and then someone said, 'Don't worry, I will give you a ride to the next place you have to go.' Well, thank you, I appreciate the ride, but what am I going to do the next 10 rides I need after that?" 'American farmers want markets, not handouts, ' he ...

by | July 23, 2018 | 07:07

Trump told CNBC on Thursday that he was "not thrilled" that the U.S. central bank is raising interest rates as the economy improves, Xinhua reported. Trump, however, has made reducing US trade deficits a priority and the combination of rising interest rates and a strengthening dollar pose risks for export growth.

by | July 23, 2018 | 06:47

He said, lithium-ion batteries, vacuum cleaners, food grinders, mixers, storage water heaters, hair dryers, hand dryers, paint, varnishes, water cooler, milk cooler, ice cream coolers, perfumes, toilet sprays and toilet preparation have been brought to 18 from 28 per cent slab.

by | July 21, 2018 | 02:40

In particular, the Fed's most recent rate hikes could dilute some of the benefit of the tax cuts Trump signed into law a year ago. Trump's comments caused the Dow Jones Industrial Average to register a slight dip before the opening stock market bell in NY, though it then shook off the president's threat and rose again on strong U.S.

by | July 11, 2018 | 02:23

The Associated Press reports this announcement comes on the heels of growing trade tension between the USA and China, and Beijing's decision to stop restrictions on requiring outside automakers to work through locally-based joint ventures .

by | July 09, 2018 | 00:35

His latest was a reminder that the United States defends many OPEC members for "very little" money. "This must be a two way street, REDUCE PRICING NOW!" OPEC members agreed June 23 to increase crude oil output by pumping 1 million barrels more daily, but it is still unclear how much of the oil produced would ease off prices in a period-the northern hemisphere's summer-generally associated with high oil demand.

by | July 05, 2018 | 01:07

He wrote:"Congratulations to Andres Manuel Lopez Obrador on becoming the next President of Mexico". "There is much to be done that will benefit both the United States and Mexico". He said he will govern for the poor and fight rampant corruption, and also pulled back from promises to completely scrap energy and education reforms instituted by the Pena Nieto administration.

by | July 05, 2018 | 01:02

Iran possesses the second-largest gas reserves on the planet after Russian Federation and the fourth-largest oil supply, while Saudi Arabia is the world's biggest oil exporter. "Prices to high! He has agreed!" Norway-based Rystad Energy expects Iranian production to drop by 700,000 bpd by December 2018. Some key countries are reliant on Iranian oil imports, including India and Turkey.

by | July 04, 2018 | 00:03

Every day leading up to Prime Day, Amazon will be releasing exclusive offers and deals . "More than 100 million paid Prime members around the world will find our best Prime Day celebration yet", he added. If you aren't a subscriber already, you can choose to sign up for the 30-day trial free of charge before deciding to pay $12.99 monthly or $119 annually.

by | June 24, 2018 | 03:03

In a blow to huge billion dollar online retailers such as Amazon and eBay , the Supreme Court has ruled that states can impose a tax on goods and services ordered online. So the nation's highest court took another look at the matter and overturned its earlier ruling. Under South Dakota's law, online retailers with more than $100,000 in annual sales or more than 200 transactions in the state are required to pay a 4.5 percent sales tax on all purchases.

by | June 15, 2018 | 01:23

Disney could still wind up with Fox, but it will need to at least match Comcast's bid to do so. Comcast made a $65 billion offer for much of the Hollywood holdings of 21st Century Fox . In addition to the $35-per-share cash offer, Comcast agreed to pay a $2.5 billion termination fee if the deal doesn't pass regulatory muster. Comcast , Disney and Fox all own interests in streaming giant Hulu, so either deal would boast a challenge to Netflix , although Disney plans to start its ...

by | June 02, 2018 | 10:46

Amazon has made this move primarily due to new GST rules that will force them to apply a 10% GST to goods purchased on global sites and shipped to Australia. He said the company 'had to assess the workability of the legislation as a global business with multiple worldwide sites'. But even with the changes, the number of products available will be a fraction of what's on sale globally.

by | June 01, 2018 | 03:34

A Kmart store at 9881 W. 58th Ave.in Arvada was on the list of closures the retailer released Thursday afternoon . The local closure its part of Sears Holdings' ongoing efforts to eliminate non-profitable stores and focus on their stronger markets.

by | May 31, 2018 | 19:27

The United States has fired the opening shots in a trade war with three of its traditional allies after imposing tariffs on imported steel and aluminium from the European Union , Canada and Mexico. U.S. Commerce Secretary Wilbur Ross , in announcing the tariffs, said Nafta talks are "taking longer than we had hoped" to wrap up. "If any of these parties does retaliate, that does not mean that there can not be continuing negotiations", he said.

by | May 16, 2018 | 12:43

An Uber investigation at the time resulted in the firing of about 20 people, and former Attorney General Eric Holder said the male-dominated company didn't have basic policies to protect against harassment. Assault and harassment cases are now exempt from that requirement. "We desire individuals to acknowledge the enormity of the concern, and we desire us to start to think about positive methods to prevent and end sexual assault".

by | May 11, 2018 | 00:52

Carney defended himself against that charge, arguing that when the situation changes, the bank's policy response has to change. Sterling fell on the news and was trading lower by 0.2% against the U.S. Inflation was seen dropping to 2.1 per cent in a year's time, and returning to target a year later but only if interest rates rose by 25 basis points about three times over three years, as markets expect.

by | May 11, 2018 | 00:52

The ban by the US Government against US companies selling tech to ZTE, China's second biggest telecom equipment maker, came after it was found to have violated US export restrictions by illegally shipping goods to Iran . The ban stopped United States companies from supplying ZTE with parts and technology, and was issued after the Chinese firm apparently violated USA export restrictions by shipping goods to Iran.