Economy

by | July 15, 2018 | 13:16

According to the Observer , Spanish employees launched a general strike on 10 July in the lead-up to Prime Day , and have encouraged workers in other parts of Europe-including Italy, France, Germany, Poland and England-to take part. Just sign in to your Amazon account and visit the Prime membership landing page . Not just that, as a Prime member , you can also enjoy an ad-free, uninterrupted music experience and download songs offline to access them later without any data or Wi-Fi ...

by | July 15, 2018 | 13:05

The Commerce Ministry on Wednesday gave no details, but Beijing responded to last week's U.S. tariff hike on $US34 billion ($A46 billion) of imports from China by increasing its own duties on the same amount of American goods. ASIA'S DAY: Japan's benchmark Nikkei 225 fell 1.2 percent to 21,932.21 and South Korea's Kospi lost 0.6 percent to finish at 2,280.62. Senate Finance Committee Chairman Orrin Hatch, a senior member of Trump's Republican Party, said the announcement "appears ...

by | July 14, 2018 | 11:36

The Sun , Britain's most popular paper, said Trump's comments were a new blow for Prime Minister Theresa May , who has faced two high-profile resignations from her cabinet and a rebellion by Brexit hardliners this week. The enduring image of May's visit to the White House in January 2017, when she became the first foreign leader to meet the president after he took office, was Trump taking May's hand to help her down the steps of the White House colonnade.

by | July 09, 2018 | 06:46

Moreover, Obama was able to do this without increasing oil prices because a surge in US shale oil drilling more than offset lost Iranian exports. Trump's tweet on Wednesday came just a couple of days before OPEC meets in Vienna, and less than a week after the oil producer's cartel agreed to increase output by as much as 600,000 to 800,000 barrels a day to the market.

by | July 06, 2018 | 03:29

I've been over this on countless occasions since the President first implored OPEC to engineer lower prices back in April. The average cost of gasoline has risen nearly 60 percent from a cyclical low of $1.87 a gallon in February 2016 to $2.97 last month.

by | July 06, 2018 | 02:11

Beijing will impose duties on almost 30 billion dollars of American products. The United States is "opening fire" on the world with its threatened tariffs, the Chinese government warned on Thursday, saying Beijing will respond the instant U.S.

by | July 04, 2018 | 07:29

Though we must wait and see what type of president AMLO will be in action, the president-elect seems best understood as a pragmatic nationalist who has expressed clearly that he will govern for all Mexicans, rich and poor, seeking a national "reconciliation." "It's worth cautioning that we still have little clarity on Amlo's economic policies ", said Edward Glossop, an economist at Capital Economics.

by | July 01, 2018 | 10:30

For more than 60 years, American children grew up as "Toys "R" Us kids", but the company filed for bankruptcy last year. The company had $5 billion in debt after a leveraged buyout that left it unable to invest. Retailers like Walmart and Target are expanding their toy aisles to fill the hole, while Party City is opening 50 pop-up toy shops this fall. In the photograph posted online by Facebook user Rene Johnpiere, who appears to have been an employee at the toy store, Geoffrey is seen ...

by | June 28, 2018 | 15:27

Monday's protests in Tehran began at the capital's sprawling Grand Bazaar, which has always been a center of conservatism in Iranian politics and where the ayatollahs' 1979 Islamic Revolution first gathered pace. Bazaar families opposed the Iranian Shah Mohammad Reza Pahlavi and supported the 1979 Islamic Revolution that replaced him with a Shiite theocracy and elected officials.

by | June 28, 2018 | 11:23

Shares of Harley-Davidson were up slightly in midday trading. But many of Harley's motorcycles sold in India are assembled in the country, so they may not be subject to the tariffs anyway. "We'd like to work with the European Union to work on a level playing field". Trump criticized Harley-Davidson on Twitter, saying the overseas move upset employees and customers, and would be bad for the company's long-term prospects.

by | June 26, 2018 | 16:17

Harley-Davidson said the increase in tariffs would cost it an extra $30 million to $45 million for the rest of 2018. "Increasing worldwide production to alleviate the European Union tariff burden is not the company's preference , but represents the only sustainable option to make its motorcycles accessible to customers in the European Union and maintain a viable business in Europe".

by | June 24, 2018 | 23:49

This overturns a decision from 1992 that mandated that states could levy taxes on businesses only if they had a brick-and-mortar presence within that state's borders. "We do have a mechanism in place in Tennessee that we can begin collecting sales tax", Hawk said. In theory, customers who shopped on those sites were supposed to pay taxes themselves, through the state's use tax , but few did.

by | June 24, 2018 | 23:47

The court ruled Thursday that states can require online retailers to collect sales taxes even if the retailers do not have a physical presence in the state. The use tax Many states have a use tax equivalent to the sales tax that applies to online purchases but most online businesses do not comply with it.

by | June 22, 2018 | 20:50

South Korea's Coinrail exchange was the target of the last attack, and shortly after the value of Bitcoin plummeted downward into the mid-$6,000 range. The company has moved all their existing assets at a safe place to a cold wallet which will preserve cryptocurrencies in an offline environment which is inaccessible on the net.

by | June 22, 2018 | 20:28

China will fight back firmly with "qualitative" and "quantitative" measures if the United States publishes an additional list of tariffs on Chinese goods, the commerce ministry said, accusing the USA of initiating a trade war. "Just about every major information and communication technology product was exempted", one USA industry told Reuters . At a news conference in Mexico City, Mexican foreign minister Luis Videgaray said he expected the next negotiating meeting of ministers to be ...

by | June 22, 2018 | 20:10

It had previously registered the move with the World Trade Organization (WTO). The European Union will start imposing duties on a list of USA products as of Friday in response to President Donald Trump's decision to slap tariffs on steel and aluminium imports from Europe.

by | June 22, 2018 | 18:41

At local businesses like Garnet and Gold, ownership says this decision creates a more level playing field. The tax is 6.25 percent. The ruling reversed a 1992 court decision that held online retailers could only be required to collect and remit sales taxes if they had stores or some other "nexus" in states.

by | June 22, 2018 | 16:17

U.S. President Donald Trump has continued to criticize OPEC on his Twitter account. "The tariff war between the United States and China is showing signs of escalating", said Sukrit Vijayakar, director of energy oil consultancy Trifecta.

by | June 20, 2018 | 01:49

Germany , the strongest economy in the 28-nation European Union, was once a leader in the fight against climate change but has fallen behind in recent years. Merkel said she will have to discuss "what is important for others; I can't say today what that is". Seehofer's party met in Munich to affirm its backing for his so-called migration masterplan comprising 63 measures, the most contentious of which is to start turning migrants away.

by | June 13, 2018 | 05:52

The cuts, which focus nearly exclusively on salaried employees, do not include any production associates and thus will not affect the company's Model 3 production targets over the coming months. Up almost 7% earlier on Tuesday, shares of the company trimmed gains to stand 3.5% higher at $344 by early afternoon. According to Bloomberg , this is the largest layoff in Tesla's 15-year history.

by | June 11, 2018 | 15:42

The President would be wise not to take the North Koreans lightly, even though he is convinced he has superior dealmaking skills well beyond those of his predecessors that will help him size up Kim in an instant. Instead of "rocket man", Trump has been calling Kim a "very honorable" man. But, prior to leaving Canada, the mercurial president again changed his tune, calling it a "one-time shot" and adding that he would know "within the first minute" of meeting Kim whether an agreement will ...

by | June 10, 2018 | 11:20

China's second-largest telecoms equipment maker was banned from the USA market in April, after the company was caught violating United States sanctions on Iran and North Korea and the terms of a subsequent plea agreement . In return, ZTE can once again buy parts for its phones from American companies. This compromise would allow the company to once again use USA -made components in their products-although at a large cost.

by | June 07, 2018 | 13:57

But Canada , which is a country that buys more U.S. goods and services than it exports here, also will put tariffs on a wide variety of consumer products, ranging from ballpoint pens and dishwasher detergent to toilet paper and playing cards.

by | June 06, 2018 | 03:29

USA goods exported to China previous year totaled $130 billion while Chinese imports to the US totaled $506 billion. It was not clear whether Washington would accept the offer and whether it would be enough to avert a trade war . USA equity markets are trading higher on Monday, much to the surprise of bearish traders who were betting on a global trade war to disrupt the rally and perhaps fuel a mild downdraft.

by | June 04, 2018 | 10:00

By the end of last month, both OECD and US inventory levels were lower than the averages for April 2013 to April 2017. Concerns about US bottlenecks are contributing to the decline in USA futures as well. US drillers added two oil rigs in the week to June 1, bringing the total to 861, the most since March 2015, General Electric Co's (GE.N) Baker Hughes energy services firm said on Friday.

by | June 02, 2018 | 08:23

Trump's decision could raise prices for Americans on a range of everyday products. There have been seven rounds of NAFTA negotiations since August 2017. They must open their markets and take down their trade barriers! Europe also said it would start the process for enacting retaliatory tariffs . Earlier this week, Trudeau said that killing the deal could be better than swallowing unfavorable revisions to the 1994 trade pact.

by | June 01, 2018 | 18:40

Customers in Irwin can get a free donut with any purchase and anyone who purchases a dozen donuts or more will be entered for a chance to win a dozen donuts a month for one year. Fast forward to today - The Salvation Army provides 64 million meals, including doughnuts to millions of Americans every year. The chain is offering a free classic donut with each beverage purchase.

by | May 30, 2018 | 19:43

The petrol price in the state today was Rs 82 per litre, while for diesel it was Rs 75, he said. But the marginal decline had its share of excitement with state-owned Indian Oil Corp (IOC) first announcing a reduction of 60 paise - the biggest since daily price revision was introduced in mid-June a year ago, only to retract it within a couple of hours citing a technical error.

by | May 30, 2018 | 18:39

But even if Asia and Europe are keen to take more U.S. crude, the record volumes are straining export infrastructure in the United States , limiting its ability to pump and ship more oil. Also weighing on crude oil , driller Baker Hughes reported on Friday that United States oil rig count went up by 15 oil rigs during last week. Meanwhile, supply issues surrounding Venezuela and Libya, and the possibility of disruption in Iran because of the sanctions propped up prices.

by | May 29, 2018 | 17:31

The training will include a documentary film and video messages from Starbucks executives and rapper Common, as well as a discussion among store employees about their own experiences with bias. Calvin Lai, an assistant professor of psychological and brain sciences at Washington University in St. Louis, said people should not place high expectations on this one day.

by | May 29, 2018 | 15:28

The dog and her owner were on the way to Philadelphia, but the puppies had other ideas. Down on the ground right next to seating at one of the gates, the miracle of life unfolded before everyone's eyes. The new mom, owner Diane Van Atter and the puppies' father, Golden Nugget, were waiting for a flight home Friday when the puppies started arriving one by one.

by | May 18, 2018 | 16:35

IZettle does not now face too much direct competition from its main rival, the NASDAQ-listed Square, as the companies' operations only really overlap in the UK. The company declared that IZettle expects to generate $165 million revenue in 2018. It claimed more than 200 million active customer accounts at the end of previous year.

by | May 18, 2018 | 15:55

The solicitation would be the latest such exchange offered by Cohen to be made public following acknowledgements by US and European companies last week that they paid Cohen , who was Trump's lawyer for about a decade and self-described "fixer" for Trump .

by | May 17, 2018 | 07:03

The company reported GBX 32.20 ($0.44) EPS for the quarter, beating the Zacks' consensus estimate of GBX 29.60 ($0.40) by GBX 2.60 ($0.04). Shares of Victrex opened at GBX 2,674 ($36.27) on Monday, Marketbeat reports. Liberum Capital maintained Firstgroup plc (LON:FGP) on Wednesday, February 21 with "Buy" rating. The firm has "Buy" rating given on Thursday, December 7 by Liberum Capital.

by | May 17, 2018 | 07:00

Officials are still trying to ascertain the number of passengers who were in the boat though 16 including the driver and boat owner swam to safety, last evening. He also announced government job would be provided to an eligible person each from the families of the victims and a house would also be built for them.

by | May 17, 2018 | 07:01

The repeal effort led by Senate Democrats faces a significant hurdle in the House and an even greater one in the White House, but Democrats hope to rally support from young voters as they head to the ballot box in the 2018 midterm elections .

by | May 17, 2018 | 06:56

Former Arsenal winger, Robert Pires has stated that ex-teammate, Patrick Vieira , is better suited to succeed former Gunners boss, Arsene Wenger than current favourite, Mikel Arteta . Max Allegri seemingly ruled himself out at the weekend by revealing he plans to stay at Juventus , which made Julian Nagelsmann the most serious rival to Arteta .

by | May 16, 2018 | 15:10

If Tesla's safety record applied globally, the company said it would result in 900,000 fewer vehicle fatalities every year and that those driving Teslas equipped with autopilot hardware "are 3.7 times less likely to be involved in a fatal accident".

by | May 16, 2018 | 15:05

Defence ministry spokesman Mohammad Radmanish said at least 10 insurgents and two Afghan security force members had been killed so far. Social media images showed bodies of government troops on the streets in one area, while video images released by the government showed helicopters firing on a hill outside the city.

by | May 16, 2018 | 14:58

Nakba Day not only honors the displacement of Palestinians, but also advocates for their right to return. The US embassy move on Monday was accompanied by mass protests and clashes along the Gaza border that saw Israeli forces kill 60 Palestinians.