Economy

by | November 15, 2018 | 09:10

If the current leads hold in the nine outstanding House races not yet called by the Associated Press, Democrats will control 232 seats next year, meaning Pelosi can only afford to lose 14 Democratic votes on the floor, assuming every Republican votes against her and no members vote present.

by | November 15, 2018 | 08:51

Pro-Brexit demonstrators on Whitehall outside Downing Street in London on November 14, 2018. And Conservative Party MP Peter Bone, a leading eurosceptic, accused May of "not delivering the Brexit people voted for". Northern Ireland would have special status under the proposals, meaning that some checks may be required between Northern Ireland and the rest of the country.

by | November 15, 2018 | 08:30

Also improving the market's direction was a rebound in technology stocks, which jumped 0.7%, to recover from a steep sell-off on Monday when Apple shares took a hit on worries about a slowdown in sales of iPhones. Stocks attempted to bounce earlier in the session amid reports of renewed trade talks between the US and China. ENERGY: Benchmark U.S. crude bounced back from 10 days of losses, climbing 0.7 percent to $60.64 per barrel in NY.

by | November 14, 2018 | 05:38

Citi also cut its target on Qorvo on Monday due to iPhone XR weakness. While it isn't unusual to hear that Apple is cutting orders for its latest handsets from time to time, investors believe a real crisis is at hand. Not necessarily. To this point, Kuo articulates that lower demand for the iPhone XR may be offset - in a financial sense - by sales of Apple's pricier iPhone XS models.

by | November 12, 2018 | 06:56

It's much much bigger than Black Friday and Cyber Monday combined. The Chinese event was originally a novelty student holiday to celebrate being single, countering Valentines Day, but has since grown into a month-long online shopping festival that peaks with a 24-hour sale on November 11.

by | November 09, 2018 | 04:48

Denholm takes over as Tesla's chair immediately and will leave her role as CFO and head of strategy at Telstra once her six-month notice period with the company is complete, Tesla said late on Wednesday. On Twitter Thursday morning, Musk wrote that he has great respect for Denholm. For one, Musk was hit with shareholder lawsuits and an SEC investigation over his tweets about taking the company private.

by | November 07, 2018 | 09:14

The results allowed both parties to claim partial victory, but highlighted an extraordinary realignment of USA voters by race, sex and education. Polling experts FiveThirtyEight now project that there is an 86% chance - or six in seven - that Trump will lose control of the House .

by | November 07, 2018 | 06:36

As per conditions of the U.S. waiver, New Delhi will have to stop importing Iranian crude altogether towards May next year, which coincides with the crucial Lok Sabha elections. Chris Hannas and Cindy Saine reported this story for VOA News. US National Security Advisor John Bolton claimed that the nuclear deal with Iran failed to "permanently block all paths to an Iranian nuclear bomb".

by | November 05, 2018 | 23:35

Asked about the prospect of the country restarting a nuclear program, Pompeo replied that "We're confident the Iranians will not make that decision" on CBS' "Face the Nation ". Iranian state television aired footage of air defence systems and anti-aircraft batteries in two-day military manoeuvrs underway across a vast stretch of the country's north.

by | November 05, 2018 | 23:06

Amazon cut its order minimum for free shipping to $25 from $35 indefinitely in May 2017. "We see Amazon on the defensive this holiday not traditional retail". Best Buy also removed its free shipping threshold for the holidays , but gives no time guarantees. While Amazon's offer notably doesn't include two-day shipping, the e-commerce giant appears to be relying on its much larger assortment of goods to draw in customers.

by | November 04, 2018 | 12:01

The driver of a crew bus at Heathrow smelled alcohol on Jitsukawa and reported it to police, Japan's NHK public television said. Jitsukawa was scheduled to fly a 244-seater Boeing 777 aircraft. Ishii said the government will consider regulations similar to those in overseas nations that specify acceptable limits in alcohol content in breath or blood tests.

by | November 02, 2018 | 15:57

Trump has imposed penalty tariffs of up to 25 per cent on $250 billion USA of Chinese goods in a dispute over Beijing's plans for state-led development of technology industries. "The economic teams of the two countries should strengthen contact, conduct consultations on issues of mutual concern, and push for a mutually acceptable solution to China-US economic and trade issues", Xi said.

by | October 31, 2018 | 11:57

The development comes amid a widening rift between the Modi government and Patel after the central bank's Deputy Governor Viral V Acharya in a speech on Friday, 26 October, warned that undermining autonomy and independence of RBI could be "potentially catastrophic".

by | October 31, 2018 | 09:11

Well, Democrats see it rising in their quest to take back the House, but maybe not the Senate. Taking a closer look at who is voting early in some of the most populated counties across Central Florida reveals that Republicans are outvoting Democrats locally as well, according to voter data.

by | October 29, 2018 | 17:28

Yes, plenty of the VMs running under vSphere on the IBM cloud will use Red Hat , and lots of IT titans offer overlapping and/or competing products. "The next 80 percent is about unlocking real business value and driving growth", she said. This is the next chapter of the Cloud. Red Hat now has more than 95 offices worldwide, including major software-engineering groups in San Francisco and Boston and a public-policy operation in Tyson's Corner, Va., near the nation's capital.

by | October 29, 2018 | 17:25

The plane crashed into Karawang Bay, two nautical miles from where the plane lost contact with aircraft control. It is unclear if there are survivors. Lion Air has previously been on an European Union safety blacklist. The agency's chief Muhammad Syaugi told a news conference that divers are trying to locate the wreckage.

by | October 28, 2018 | 10:05

Lottery officials confirmed this morning that a ticket matching all six numbers was sold in SC. Otherwise, the full $1.537 billion jackpot would be paid in annuities over 29 years. The Mega Millions lottery game is played in 44 states and several US territories. Winners have up to 180 days to come forward to claim their money.

by | October 28, 2018 | 07:44

I'm just saying that I'm not happy with the Fed because Obama has had zero rates", replied Mr. Trump that since July lectured vociferously the central bank, breaking with the tradition of respecting the independence of the monetary institution.

by | October 28, 2018 | 07:01

WCAU-TV reports 87-year-old Earl Livingston was invited to join the hospital staff's lottery pool , which included a winning $1 million Mega Millions ticket. No one has come forward to claim the Mega Millions prize. The winning ticket was sold at the Holiday store at 2755 Brandt Drive. If there's a victor, it would be one of largest jackpots in the nation's history.

by | October 27, 2018 | 20:18

Trump's use of an ordinary phone is a defiance in the eyes of some officials given that Barack Obama fastidiously followed security protocol. "I suggest they replace their phones with Huawei (Chinese mobile phone manufacturer) ones", Hua was cited as saying by Efe news.

by | October 27, 2018 | 18:46

Efforts in advancing China-Japan ties should "persevere unremittingly to prevent the appearance of new twists and turns" so that previous efforts did not go to waste, said Li at a joint briefing with Abe on Friday. Foreign Secretary Vijay Gokhale said the two sides are expected to also deliberate on cooperation in areas of artificial intelligence, big data, development of unmanned ground vehicle and robotics among others.

by | October 26, 2018 | 07:11

The kingdom insisted for weeks that the writer, who had been a critic of the Saudi government, had walked out of the consulate. "Who gave them the orders?" he asked. "Those responsible will be held accountable.in the end justice will prevail", he told a major investment forum in Riyadh . The statement is a further shift in the Saudi government's story about what happened to Khashoggi.

by | October 22, 2018 | 07:35

Three top Chinese financial regulators spoke in support of local markets on Friday, just ahead of the morning's disappointing gross domestic product report and amid an ongoing stock sell-off. The officials tried to ease fears that China was swerving away from pledges of financial reform, and that private enterprises may suffer from a strengthening state hand on the economy, though they announced no major new reform initiatives.

by | October 22, 2018 | 05:26

No grand prize victor was drawn Saturday and the jackpot is now $620 million. The winning numbers are 15, 23, 53, 65, 70 and the mega ball is 7. The next drawing, which is scheduled for Tuesday (10/23) at 11pm, will have an estimated jackpot of $1.6 billion .

by | October 19, 2018 | 16:43

Following a day of meetings with King Salman and Crown Prince Mohammed bin Salman, Mr Pompeo said the Saudi leaders understood the importance of producing a quick but thorough report on Mr Khashoggi's fate after entering the consulate on October 2.

by | October 18, 2018 | 06:20

US President Donald Trump said on Wednesday that the US has requested audio and video evidence concerning Khashoggi's disappearance "if it exists". Fayyad Al-Ruwayli, Saudi Arabia's chief of the general staff. Saudi Arabia is one one of its most important backers, and heralded the project as one that could "enable all 4th-generation technologies to flourish in the Kingdom".

by | October 18, 2018 | 05:49

Threatening to impose economic sanctions and repeating "false accusations" will not undermine the country's standing, said the statement on Saudi Arabia's official press agency, which quoted an "official source". "We have conveyed this message directly to the Saudi authorities". The kingdom's Government and people are "as glorious and steadfast as ever", it said.

by | October 16, 2018 | 15:55

Four tickets matched five white balls in Tuesday's drawing. READ NEXT: Here are the cutoff times for buying Mega Millions tickets in every state. California is in second place, with 30 wins in its 13 years of participation in the game, and New Jersey comes in third, with 20 winning jackpot tickets sold since 2002.

by | October 16, 2018 | 13:58

Trump's comments followed a phone call with King Salman in which Trump said he strongly denied any knowledge of what happened to the journalist. It was the first time they had been allowed to enter the building since the journalist's disappearance following disagreements between the two sides over the terms of any search.

by | October 16, 2018 | 12:58

Khashoggi, a USA resident, Washington Post columnist and leading critic of Prince Mohammed, vanished after entering the consulate to get marriage documents. Forensics tests like spraying luminol, a chemical mixture, can expose blood left behind, said Mechthild Prinz, an associate professor at the John Jay College of Criminal Justice who previously worked at the New York City's Office of the Chief Medical Examiner.

by | October 15, 2018 | 01:57

The authorities in Istanbul believe Mr Khashoggi was murdered in the consulate by Saudi agents - claims Riyadh has dismissed as "lies". If the Saudi Arabian government is behind the disappearance of Saudi journalist Jamal Khashoggi , then the United States will inflict " severe punishment ", President Donald Trump vowed in an interview with "60 Minutes" set to air Sunday.

by | October 13, 2018 | 05:25

In 2017, the United States had a deficit with China of $376 billion, excluding services, out of a total goods deficit with the world of $832 billion. In his comments in Bali , Mnuchin did not say what the forthcoming Treasury report, set to come out next week, will conclude about China's currency practices.

by | October 12, 2018 | 04:00

Trump declined to say whom he talked with in the Saudi government. It said that the circumstances around Khashoggi's disappearance "suggests that he could be a victim of a gross violation of internationally-recognised human rights", including torture or killing.

by | October 10, 2018 | 10:57

The IMF concluded a consultative visit last week with a warning that Pakistan needed to quickly secure "significant external financing" to stave off a crisis, though it did not suggest who could supply the money. South Africa, only 0.8 percent this year. The government is seeking to curb spending, while the central bank has raised interest rates to the highest in three years to help shore up confidence in the economy.

by | October 08, 2018 | 12:55

Speculators have built bullish long positions on hopes of further price rise. Iran's exports will fall to 1.1 million b/d in October, Platts Analytics projects. This led some analysts to suggest that the details of the deal were intentionally leaked in order to keep the price of oil from continuing to climb ahead of the November 4 deadline.

by | October 07, 2018 | 13:06

See the chart below. "The involved vehicles were created to enter a failsafe driving mode in response to certain hybrid system faults", Toyota said . To fix the problem, Toyota will update software in the vehicles. The vehicle maker said that it was not aware of any crashes due to the issue in Japan .

by | October 07, 2018 | 12:31

With a similar increase, petrol is now priced at Rs 83.52 and Rs 84.89 per litre in Kolkata and Chennai, respectively. Two days after the Central government provided relief to citizens by announcing reduction of fuel prices all over the country, Petrol and Diesel prices again witnessed a fresh hike in Delhi on Saturday.

by | October 05, 2018 | 13:18

USMCA will open up some of Canada's dairy market to USA farmers. Gaunce says even after 38 years of being a dairy farmer, this deal is now making him rethink his lifestyle. Trump had described Nafta as a bad deal for Americans and threatened to eliminate it as part of his "America First" agenda. The new trade agreement , Trump asserted, would usher in a new dawn for the country's auto industry and transform North America into a manufacturing powerhouse and allow the United ...

by | October 05, 2018 | 08:26

Dairy farmers across NY and Pennsylvania continue to struggle to meet costs. With the new deal, none of the countries that are part of the agrement will be able to import as many parts from overseas, and Robertson says this could make it hard for auto companies to keep consumer prices down.

by | October 04, 2018 | 08:40

He soon found himself in Ottawa, a critical part of a full-court press to get an agreement done before the Sunday midnight deadline imposed by the U.S. Canada had opposed USA demands to weaken or eliminate NAFTA'S dispute resolution mechanism, whose arbitration panels Ottawa used to resolve trade conflicts, and to defend against United States anti-dumping and countervailing duties, notably against its important lumber industry.