Money

by | July 09, 2018 | 17:55

Labour said Mr Johnson's exit - on top of Mr Davis's departure - left Theresa May with "zero authority". In a blow to the beleaguered prime minister, Davis told May in a letter that the government's proposals for close trade and customs ties "will leave us in at best a weak negotiating position, and possibly an inescapable one".

by | July 09, 2018 | 17:39

By 2020, consumers will no longer be able to get single-use plastic straws at all Starbucks stores globally. The company said that more than half of its beverage sales come from cold drinks, which typically come with a plastic straw. Local governments have also been looking at the issue. The announcement comes after Seattle , Starbucks' home market, banned restaurants from using plastic straws and utensils on July 1.

by | July 09, 2018 | 15:59

Businesses that don't comply with the ban can now face a $250 fine. Seattle has been slowly banning restaurants from giving out disposable food containers and other single-use food service items since 2009. Moscrip said that he converted his restaurant over to compostable products in 2015 anyway, because it was 'the right thing to do.' These days, environmentally friendly straws and utensils are only about 10 per cent more expensive than the alternative .

by | July 09, 2018 | 13:00

The boys rescued Sunday were described as strong and safe but needed to undergo medical checks. Parents say they haven't been told which boys were taken out of the cave, and have not been allowed to visit them in hospital. "If we are asked to send more of course we will, but we are part of an global response group working under the guidance of the Thai government and the Thai navy", Ms Bishop said.

by | July 09, 2018 | 03:48

Wang Xiyu, Gu Junying, Li Ying, have been named executive vice presidents, the report said , citing a regulatory filing. Chinese tech company ZTE has tapped a new CEO as it scrambles to fulfill its end of the bargain with the USA government.

by | July 09, 2018 | 02:33

Facebook allowed political strategy firm Cambridge Analytica - which helped Donald Trump's campaign - to harvest the private data of 87 million users. According to the Bloomberg index around 20 per cent of the wealth which belongs to the world's 500 richest people, equivalent to $5 trillion, is made through technology.

by | July 09, 2018 | 01:52

Netflix has announced plans to test out yet another price tier. A spokesperson said: "We are testing slightly different price points and features to understand how consumers value Netflix". Maybe not by itself, but based on some of the promotional materials in Italty, Netflix may reduce the number of screens on which you can stream under the Premium plan from four to two.

by | July 08, 2018 | 18:40

Year over year, the sector was down 800 jobs as well. Prices for longer-dated U.S. Treasuries rose. The U.S. central bank increased interest rates last month for the second time this year and has projected two more rate hikes by year end. Although average hourly wages grew 2.7% in June from a year ago, they didn't change much from May and came in below economists' expectations. Black unemployment rose to 6.5 percent from a record low of 5.9 percent; the Hispanic rate fell to a record low of 4.

by | July 08, 2018 | 17:10

Sonos reported revenue of $992.5 million for fiscal year 2017, a 10% year-over-year increase, and a net loss of $14.2 million versus a net loss of $38.2 million in 2016. According to Sonos, customers listen to an average of 70 hours of audio content per month. Of its full-time employees, 66% are based in the USA, with the rest in global locations including Australia, China, Denmark, France, Germany, the Netherlands, Sweden and the United Kingdom.

by | July 08, 2018 | 16:55

The Bureau of Labor Statistics released a report Friday, showing 36,000 manufacturing jobs were created last month. Payrolls rose 213,000 after an upwardly revised 244,000 advance, Labor Department figures showed on Friday. The increase is above the gains required for the accommodation of the population growth and about 20,000 more compared to last year's average during the same period.

by | July 07, 2018 | 10:33

Speaking Thursday, Hossein Kazempour Ardebili , the Iranian governor to OPEC , said the USA president was ill-informed on OPEC policies. His message was conveyed by the Iranian oil ministry's news service Shana. "If they want to stop Iranian oil exports, we will not allow any oil shipment to pass through the Strait of Hormuz", Ismail Kowsari was quoted as saying.

by | July 07, 2018 | 08:15

Many businesses count China as a major export destination, but the retaliatory tariffs placed by the Chinese government on United States products will similarly increase prices in China and hurt sales. ones. China's tariffs , on the other hand, will hit agricultural products like soybeans and pork . Economists say that if the back-and-forth stops there, the overall impact on both economies will be minimal even though some industries will suffer.

by | July 07, 2018 | 02:30

The ruling is expected to help UMC build a good record that will help it secure regulatory approval from China to publicly list a subsidiary on the Shanghai Stock Exchange, dealers said . Micron Technology offers Micron-branded products as well as Crucial-branded notebook DRAM modules and SSD. The move comes after UMC took Micron to the Chinese courts over patent infringement claims.

by | July 07, 2018 | 01:23

The tariffs will hurt the American high-tech companies that Trump is trying to protect from intellectual property theft as it becomes increasingly hard for those companies to do business in China , she said . The president said U.S. tariffs on an additional $16 billion in Chinese goods are set to take effect in two weeks. In fact, the scuttlebutt in Washington is that the Chinese were keen on making a deal to whittle down their surplus by pledging to buy $200 billion worth of American goods ...

by | July 06, 2018 | 22:52

Job creation in the world's largest economy continued its strong pace in June with 213,000 new additions for the month - well above analyst's expectations. "A 32K rise in employment was refreshing news after a couple of weak months". U.S. Treasury yields were also slightly lower after the report , with the 10-year moving to around 2.81% after the numbers from 2.82% ahead of the report, with two-year yields falling to 2.53% from 2.54%.

by | July 06, 2018 | 02:35

Well see where it goes.”. With the tariff fight as the backdrop, Ottawa hopes to move forward with NAFTA. But the NAFTA talks have been stalled for several weeks and Lopez Obrador enters the scene as tensions between Canada and the United States have intensified as the two countries have become embroiled in a trade dispute.

by | July 05, 2018 | 23:57

Among the actives, Galaxy Entertainment plummeted 6.50 percent, while Sands China plunged 6.20 percent, SCPC Pharmaceuticals tumbled 2.32 percent, China Mobile and Ping An Insurance both skidded 2.01 percent, China Life dropped 1.93 percent, Industrial and Commercial Bank retreated 1.70 percent, China Mengniu Dairy declined 1.69 percent, CNOOC shed 1.62 percent, China Petroleum and Chemical (Sinopec) lost 1.57 percent, Sino Land slid 1.10 percent, New World Development advanced 0.91 percent, ...

by | July 05, 2018 | 18:39

USA crude futures were up 32 cents at $74.46, within sight of Tuesday's 3-1/2-year high above $75. Brent for September settlement advanced 46 cents to end the session at US$77.76 a barrel on the London-based ICE Futures Europe exchange. OPEC together with a group of non-OPEC producers led by Russian Federation started to withhold output in 2017 to prop up the market. Oil surged in the past two weeks as the USA pushes allies to end imports of Iranian crude, disruptions persist in places ...

by | July 05, 2018 | 14:28

United States light crude was down 40 cents at $73.75. Trump's claim comes after the Organization of the Petroleum Exporting Countries (OPEC), a grouping of oil-producing states that includes Saudi Arabia, already agreed to ramp up production by a million barrels a day at a meeting earlier this month.

by | July 05, 2018 | 13:16

Prasanna, chief economist at ICICI Securities Primary Dealership in Mumbai. MSP is a price at which the government buys crops from the farmers , irrespective of its price, to protect agriculture producers from sharp fall in farm prices.

by | July 05, 2018 | 11:38

Customers could include fixed and mobile network operators, calling-card companies, and business customers. "After significant engagement with China Mobile , concerns about increased risks to USA law enforcement and national security interests were unable to be resolved", said a statement by the National Telecommunications and Information Administration (NTIA).

by | July 05, 2018 | 04:32

This marks his 11th win in the last 12 years. A total of US$40,000 in prize money was up for grabs, with the first-place winners taking home US$10,000 each. The renowned competitive eater hailing from San Jose, California, took home the coveted Mustard Belt and surpassed the previous mark of 72 dogs and buns he downed a year ago.

by | July 05, 2018 | 02:21

It won't target the 284 additions, worth $16 billion, until it gathers further public comments. Trump said, adding that he wants to wait until "after the election". Chamber of Commerce tracked the expected effects in each state of U.S. The EU has retaliated against those tariffs with measures of its own, which hit around €2.8b ($4.8b) worth of American-made products.

by | July 05, 2018 | 00:06

Jian, who was 57 years old, died in an accident, the company said. One of HNA's dollar bonds due in 2018 fell 1.5 cents on the dollar, the biggest drop since December 12, as of 4:59 p.m.in Hong Kong, according to Bloomberg prices. But it racked up huge debts in the process and has since reversed course , selling assets to ease financial pressures as authorities in China cracked down on aggressive overseas deal-making by Chinese companies.

by | July 04, 2018 | 21:20

We don't know about you but it sure sounds like FCA may end up becoming Hyundai's proxy for the United States market. Hyundai has denied rumors that it is planning a massive buyout of FCA shortly before chief executive Sergio Marchionne steps down.

by | July 04, 2018 | 02:33

The peso was down 1.5% to 20.1568 versus the U.S. dollar at 9:30 a.m. ET after preliminary results from Mexico's electoral commission showed Lopez Obrador sweeping up more than half the vote. But the prospect of Lopez Obrador rattled markets leading up to the election. In his account, Lopez Obrador did not mention trade, and Trump gave no further details on a possible trade pact.

by | July 04, 2018 | 01:34

US President Donald Trump lashed out at OPEC with a warning to stop manipulating oil markets in an interview that aired on Sunday. "We want to defeat America's efforts...to stop Iran's oil exports", said First Vice President Eshagh Jahangiri in a televised statement.

by | July 04, 2018 | 01:35

White House spokeswoman Sarah Huckabee Sanders said Monday that previous trade deals have hurt the U.S. For example, when Trump initially chose to start slapping tariffs on foreign governments' goods, White House trade czar Peter Navarro said he didn't think any country would retaliate.

by | July 04, 2018 | 00:34

Trump supporters have taken to Twitter to complain to the retailer. According to the International Business Times , Ryan Fournier , chairman of the group Students for Trump , found the clothing item in the website and was the first to report it.

by | July 04, 2018 | 00:06

Merkel, however, rejected a key provision: turning back at the border all migrants previously registered in another European Union country as a unilateral act that would come at the expense of other member states. for compromises", without specifying what they were. He repeatedly postponed a news conference to announce his decision, and some members of his party were still attempting to convince him to stay on, Reuters reported .

by | July 03, 2018 | 20:53

There was only one victor, though, and all that preparation paid off: So many of James's Lakers jerseys moved in just the final three hours between the announcement and midnight that the piece became one of the 10 best sales days for a jersey in Fanatics company history.

by | July 03, 2018 | 18:54

He said , "They send a Mercedes in, we can't send our cars in". Trump, however, has repeatedly defended his position, criticizing the European Union , Canada, and China on trade both during the Fox interview and at a recent rally in SC, where Trump went as far as to declare the United States the "piggybank" other nations like to take from.

by | July 03, 2018 | 18:56

They don't want our farm products. "They treat us very unfairly". The Financial Times reports that the European Union has threatened to retaliate if US President Donald Trump places tariffs on European cars. Trump on Wednesday said he supported tougher restrictions on foreign investment in sensitive technology, as well as export controls on those goods, but he stopped short of imposing specific restrictions on China.

by | July 03, 2018 | 18:52

Back in September, Google announced that it had signed a $1.1 billion agreement with HTC . Assistance will obviously be provided to all dismissed employees conforming to corporate social responsibility standards. HTC was once the name behind one in ten smartphones in the market, however, due to huge competition from other smartphone makers like Apple , Samsung and Chinese smartphone giants, the company has seen a massive decline in market share and sales.

by | July 03, 2018 | 15:27

Prime members in the U.S., U.K., Spain, Mexico, Japan, India, Italy, Germany, France, China, Canada, Belgium, Austria, Australia, Singapore, Netherlands and Luxembourg, can shop deals across TVs, smart home, kitchen, grocery, toys, fashion, furniture, appliances and back-to-school supplies and everyday essentials.