Money

by | June 10, 2018 | 03:15

Last year, the company was already fined $1.2 billion for violating USA sanctions. The Chinese smartphone and telecom company ZTE will officially be allowed to do business in the USA again. The compliance team will be in place for 10 years and monitor "on a real-time basis" ZTE's compliance with USA export control laws, the Commerce Department said in a release announcing the settlement.

by | June 10, 2018 | 03:14

He told Reuters that he does not believe OPEC will allow the increased production, and warned that oil prices would rise as a result of the Trump administration's sanctions on Iran and Venezuela . "For the first time, the Saudi oil minister called us and said "we are revisiting our policy on oil output cuts", Indian Oil Minister Dharmendra Pradhan said.

by | June 09, 2018 | 23:15

Business Roundtable said it supports companies moving away from offering quarterly guidance and focusing on long-term goals. In the latest appeal, they said companies often hesitate to spend on technology, hiring, and research and development to meet quarterly earnings forecasts that can be affected by seasonal factors beyond their control.

by | June 09, 2018 | 21:48

In March, news leaked that Google had quietly supplied AI technology to the Pentagon to help analyze drone video footage. After several employees quit and thousands of others signed a petition against the program, Google has said it will end its participation when its current contract expires next year.

by | June 09, 2018 | 02:45

His defense attorney Benjamin Brafman told reporters that Weinstein would enter a not guilty plea. One alleged victim , who has not been identified publicly, told investigators that Weinstein cornered her in a hotel room and raped her.

by | June 09, 2018 | 02:20

Trump's administration last week announced an end to exemptions from steel and aluminum tariffs that had been granted the Canada, Mexico and the EU. This is weak. [Valdimir] Putin is not our friend and he is not the President's buddy. Picture: EPALeaders of an array of G7 nations pose for a photo.

by | June 08, 2018 | 17:13

The focus must now be on getting a new trade deal. "The UK is clear that the temporary customs arrangement, should it be needed, should be time limited", said the document. None of the three ministers threatened to resign during the discussions, a spokeswoman for Mr May said. Britain's government has removed a legislative proposal for a "meaningful vote" in parliament on whatever deal it negotiates to leave the European Union, opposition lawmakers said on Thursday.

by | June 08, 2018 | 15:46

Many people who responded to the survey told Heinz they were more likely to use Salad Cream as an alternative to mayonnaise - usually in tuna, ham or cheese sandwiches. Its own research discovered just 14 per cent used the cream on salad. Sales of Heinz Salad Cream fell by 5.4% past year to £28.8 million. Scott Buchan wrote: " Sandwich cream? ".

by | June 08, 2018 | 13:15

He was transported to a hospital but died from his injuries later that day. In the report released Thursday, the NTSB said the SUV was operating with traffic-aware cruise control and autosteer lane-keeping assistance engaged at the time of the crash.

by | June 07, 2018 | 22:44

The report says the other trust fund, which covers Medicare Parts B and D, is expected to be financed through the next 10 years and beyond. That's because, according to the report , the government will collect less in income taxes, meaning less money will flow into the Medicare trust fund.

by | June 07, 2018 | 20:33

Disney said it welcomes the United Kingdom decision. In a statement, Sky said it has welcomed the announcement and it has also noted that Mr Hancock felt that undertakings provided by Fox were a "good starting point to overcome the adverse public interest, effects of the proposed merger that he has identified".

by | June 07, 2018 | 16:38

The U.S. Department of Commerce wishes to amend the settlement agreement so that the $361 million that the company had already paid would be included. Senate Minority Leader Chuck Schumer told Reuters he thought Congress should immediately take action to try to block the deal. The Chinese company said in June 2017 that it had fulfilled its promise, but later admitted in March 2018 that while it had fired the four senior employees, it had not disciplined or reduced bonuses for the 35 others.

by | June 07, 2018 | 11:32

EST, MyHeritage's chief information security officer received a message from a security researcher that he had found a file named myheritage containing email addresses and hashed passwords, on a private server outside of MyHeritage", the statement reads .

by | June 07, 2018 | 06:27

This inaccurate reference is to an incident during the War of 1812, when British troops burned down the White House , as the Ontario region was then a British colony. Canada has always been a close USA ally. He denied America's trade policies left it isolated from G7 allies, but warned that Trump would "stick to his guns" at the upcoming summit.

by | June 06, 2018 | 20:12

That had represented the strongest challenge yet to Musk's grip on the Silicon Valley electric vehicle maker, which also faces production setbacks and expectations by many analysts that it will need to raise new cash. Responding to a question about the smaller segments the brand will expand into, Musk said: "I think we'll do a compact vehicle in less than five years".

by | June 06, 2018 | 16:46

The EU came second at 14 percent, while Mexico ranked fifth with 5.4 percent of USA imports. But the U.S.is getting more serious about the possibility. Canada announced dollar-for-dollar tariffs on steel and aluminum, as well as sanctions of 15 percent to 25 percent on whiskey, orange juice and other food products.

by | June 06, 2018 | 12:44

During a weekly meeting with employees on Friday, Google Cloud chief Diane Greene said that the company was backing away from its AI work with the military, The New York Times reported on Friday citing a person familiar with the discussion.

by | June 06, 2018 | 10:12

US crude production climbed in March to 10.47 million bpd, a monthly record, the Energy Information Administration said last week . The American request was debated at a meeting of some Arab oil ministers over the weekend in Kuwait City, the people said.

by | June 06, 2018 | 09:14

Moments after becoming chairman of the International Air Transport Association's board of governors, one of the world's biggest boys' clubs, Al Baker did little to suggest things will change. SkyTeam appointed Delta executive Kristin Colvile as chief executive of the airline alliance this week. Not only is diversity a competitive advantage, Joyce said, "It's the right business thing to do and it's the right moral thing to do".

by | June 06, 2018 | 06:12

Dr. Asif Mahmood, a Democrat, and school teacher Nathalie Hrizi, a Peace and Freedom candidate, round out the ballot. Fred Hubbell is the front-runner in the primary now, but early votes cast for Boulton could keep Hubbell below the 35 per cent threshold he needs to avoid a nominating convention - a time- and resource-consuming step the party doesn't want.

by | June 06, 2018 | 01:54

Canada has all sorts of trade barriers on our Agricultural products. It looks like Canada is getting some help standing up to the bully - Canadian Prime Minister Justin Trudeau , French President Emmanuel Macron and several other world leaders are fighting back against Trump after his decision to slap aluminium and steel tariffs on close USA allies.

by | June 05, 2018 | 02:36

Six Maxmillions prizes, worth $500,000 each, were sold in the Brampton area, Richmond Hill, the Thunder Bay area, Sault Ste. Two tickets sold in the Sault Ste. Thirty-three tickets across Canada, 19 of them in Ontario, won Maxmillions prizes. National Lottery representative Robert Magee said there might be some truth to suspicions of Limerick being a lucky county for lotto participants: "Believe it or not, but this is Limerick's 60th lotto jackpot victor in the 31 years since the lotto ...

by | June 05, 2018 | 01:29

I write to you today enjoying a French Press of my favorite coffee, aged Sumatra, and feeling so many emotions. In his letter, Schultz also credited the company with "balancing profitability and social conscience, compassion and rigor, and love and responsibility".

by | June 04, 2018 | 23:15

Reports in the United States suggest Apple could introduce a tool to help users better manage their time on their devices as part of efforts to improve digital well-being. Voice Memos has been redesigned too and it's now available on the iPad. You can set limits on how much time your kids use the phone, limit access to all or certain apps and only let them use it at certain times.

by | June 04, 2018 | 20:27

On Monday, June 4, Apple will host its annual Worldwide Developers Conference (WWDC ) in San Jose, California . Apple's Siri voice assistant avoids a lot of the splashy headlines about privacy issues that Amazon's Alexa and the Google Assistant seem to generate.

by | June 04, 2018 | 17:00

For black Americans, it dropped to a record low of 5.9 percent. If we take the average wage for the last three months (March, April, and May) and compare it with the prior three months (December, January, and February), the annual rate of wage growth has actually slowed slightly to 2.4 percent.

by | June 04, 2018 | 11:35

Merkel supported the idea of turning the euro zone's ESM rescue fund into a European Monetary Fund (EMF) with powers to give members hit by sovereign debt troubles short-term credit lines. The drive is a key factor of Emmanuel Macron's proposals to reform European defence and combine the continent's many militaries extra intently collectively.

by | June 04, 2018 | 04:34

AIB said it is aware of issues with AIB cards and is working to resolve the matter. Visa have spoken out on the current issues, explaining in a statement: " Visa is now experiencing a service disruption". Around 9pm, Visa suggested that the outage had been fixed and that its payments network ought to be back to normal. Morgan Stanley raised their price objective on shares of Visa from $137.00 to $140.00 and gave the company an "overweight" rating in a research note on Friday, ...

by | June 04, 2018 | 02:45

The death last week comes months after a French Bulldog died on a United Airlines flight from Houston to NY after a flight attendant insisted the owners put the dog in the overhead carrier. That's exactly what happened, and somebody has to be responsible for it. According to Delta spokeswoman Lisa Hellerstedt, the dog's cage was found with vomit and fluids inside.

by | June 04, 2018 | 00:04

The petition also demanded the company implement "a clear policy stating that neither Google nor its contractors will ever build warfare technology", the New York Times reported . The Department of Defense said machine learning was critical to "maintain advantages over increasingly capable adversaries and competitors," but critics say Google's involvement could help improve the accuracy of drone missile strikes.

by | June 03, 2018 | 17:19

While management is taking "tough" actions to restore profitability, the bank "appears set for a period of sustained underperformance compared with peers, many of whom have now finished restructuring". A reduced credit rating typically raises a bank's cost of borrowing and thus its overall funding costs and can affect long-term deals such as interest-rate swaps.

by | June 03, 2018 | 12:53

In 2013, MSCI put A-shares on a review list but did not include them in indexes , citing issues including capital mobility restrictions and uncertainties around taxes. With the inclusion of China A-shares on a key global index , a step has been made for more foreign investors to increase exposure to China's capital market and share its growth dividends.

by | June 03, 2018 | 11:18

Last year, it was announced that Aussies would have to pay GST on all overseas purchases from July 1, 2018, leaving the country's online shopping future uncertain in the process. Shares of local e-commerce site Kogan.com Ltd closed up 0.8 percent while shares of electronics retailers JB Hi-Fi Ltd and Harvey Norman Holdings Ltd, seen as direct Amazon competitors, closed up 2.2 percent and 1.4 percent respectively.

by | June 03, 2018 | 08:42

The U.S. Energy Information Administration (EIA) reported Thursday that U.S. crude production rose 2.1 percent from the February reading to 10.474 million barrels a day in March. Following Saudi Arabia and Russia's proposal to restore output, Rosneft PJSC, Russia's largest oil company, is testing its capacity to bring back production it cut under a deal between Moscow and OPEC, Renaissance Capital said.

by | June 03, 2018 | 06:58

The term "Indo-Pacific" has grown in usage across diplomatic and security circles in the United States, Australia, India and Japan in recent years, shorthand for a broader and democratic-led region in place of "Asia-Pacific", which some people have said places China too firmly at the centre.