Finance

Shortly after Trump's news conference, the Prime Minister's Office disputed the president's statement - insisting it did not request a meeting. The two nations have been locked in negotiations for a year on a rewrite of the 25-year-old continental trade deal that Mr Trump blames for losses of United States jobs and industry.
  • Oil prices rise as focus returns to supply concerns

    Oil prices rise as focus returns to supply concerns

    Finance

    Thursday's report underscores how oil continues to be the world's dominant source of energy despite the growth of renewable energy and concern over oil's role in climate change. "I think we're kind of back there and we should be concerned about it", Halff said. India was Iran's fifth major export destination in the five months, during which Iran mainly exported urea, methanol and liquefied propane to India.
  • Canada to resume NAFTA talks

    Canada to resume NAFTA talks

    Finance

    Canada's foreign minister is to be in Saskatoon on Wednesday to update her fellow caucus members on the ongoing negotiations. So far, Canada has been unable to obtain a guarantee from the United States that Canadians would not be hit with punitive USA auto tariffs if Ottawa agrees to a new NAFTA deal with Washington .
  • Serious new allegations against CBS chief amid departure talks

    Serious new allegations against CBS chief amid departure talks

    Finance

    Any payments made to Moonves in the future will depend upon the results of the independent investigation and subsequent board of directors evaluation. CBS said it had launched an investigation. Moonves issued a statement on Sunday night, citing "untrue allegations" about his behavior. Moonves denied the allegations, and characterized his relationships with some of the women as consensual.
  • Plane with sick passengers quarantined at JFK

    Plane with sick passengers quarantined at JFK

    Finance

    According to Phillips, the sick passengers are headed to the hospital . - Emergency personnel responded to reports of sick passengers aboard an Emirates flight arriving at John F. Eric Phillips , press secretary for New York City Mayor Bill de Blasio's office, tweeted about three hours after the plane landed that all passengers had disembarked.
  • Tesla shares sink after key executives exit

    Tesla shares sink after key executives exit

    Finance

    Tesla on Friday also saw the recent departure of its chief accounting officer , Dave Morton , and its head of human resources, Gabrielle Toledano , according to The Verge . Tesla representatives were not immediately available for comment Friday morning. "I'm getting text messages from friends saying, 'What the hell are you doing smoking weed?'" said Musk said later on in the interview.
  • Goldman drops bitcoin trading plans for now

    Goldman drops bitcoin trading plans for now

    Finance

    Towards, the end of past year, Bitcoin prices rallied all the way to the Dollars 20,000 area and then nosedived to the USD 7000 within a month. Bitcoin BTC=BTSP fell almost 5 per cent to touch five-day low at $6,985 on the Luxembourg-based Bitstamp exchange.
  • Another $267B China tariffs ready to go after $200 already announced

    Another $267B China tariffs ready to go after $200 already announced

    Finance

    Bloomberg News reported Friday that administration officials are discussing using an executive order that authorizes USA officials to impose the sanctions on those taking part in "malicious cyber-enabled activities". President Donald Trump walks to Marine One while departing the White House in Washington , U.S., September 6, 2018. Apple Inc. noted in a letter that the government's proposed tariffs on $200 billion cover a wide range of products used in its USA operations, including the ...
  • Obama speaks at U of I: Trump is ‘capitalizing on resentment’

    Obama speaks at U of I: Trump is ‘capitalizing on resentment’

    Finance

    President Trump will likely be on the road in the weeks ahead, trying to fend off a Democratic takeover of the House and possibly even the Senate. Trump was dismissive of Obama's speech. He very bluntly slated Trump for not condemning the racially-charged protests, saying: "How hard can that be, saying that Nazis are bad?" Former Vice President Joe Biden lauded Obama's remarks.
  • Rep. Lynch beats Democratic primary challengers Wu, Voehl

    Rep. Lynch beats Democratic primary challengers Wu, Voehl

    Finance

    Michael Capuano , who has represented the district for 20 years, conceded defeat in a primary that few predicted he would lose, armed with an impressive party machinery and top flight support. Pressley may be considered an outsider by virtue of who she is. "It seems like change is on the way", said Pressley to raucous applause at her election night party.
  • Amazon hits $1 trillion market value milestone

    Amazon hits $1 trillion market value milestone

    Finance

    Amazon has become the second USA public company to cross the $1 trillion valuation threshold this year. Apple's valuation has risen to $1.1 trillion since it first passed the threshold. Amazon must also guard against the kind of arrogance that can undo companies that come to dominate markets, according to the analyst. It has revolutionised how people shop online and is the world's dominant internet retailer.
  • Petrol, Diesel Prices Hit Record Levels, Rates Rise For Tenth Straight Day

    Petrol, Diesel Prices Hit Record Levels, Rates Rise For Tenth Straight Day

    Finance

    The prices of petrol and diesel touched a new high on Tuesday with Mumbai paying the maximum among the four metros. In the national capital, prices of petrol and diesel surged 16 paise/litre and 19 paise/litre, respectively. But the Opposition launched a fresh offensive on the government over the hike in fuel prices. There is a pressure on oil prices due to a decrease in production.
  • Stunning Victory for Indigenous Nations as Canada Halts Trans Mountain Pipeline Expansion

    Stunning Victory for Indigenous Nations as Canada Halts Trans Mountain Pipeline Expansion

    Finance

    BC Premier John Horgan says the National Energy Board process is flawed and the concerns that opponents of this project have are justified. "Alberta has done everything right and we've been let down". While the project could allow Alberta to get its bitumen to markets in Asia and reduce its reliance on the United States market, there has been opposition over the potential for oil spills and the impact that a dramatic rise in tanker traffic could have on the region's southern resident killer ...
  • California's Net Neutrality Law Could Lead to Protections Nationwide

    California's Net Neutrality Law Could Lead to Protections Nationwide

    Finance

    The Senate joined in with California's State Assembly, which approved the measure Thursday . Gov. The bill stops Internet service providers from blocking or slowing down certain websites or "classes of applications", like video. "ISPs have tried hard to gut and kill this bill, pouring money and robocalls into California", said Katharine Trendacosta, policy analyst for Electronic Frontier Foundation , in a letter to supporters after the Assembly vote.
  • Coca-Cola to buy Costa, Britain's largest coffee company

    Coca-Cola to buy Costa, Britain's largest coffee company

    Finance

    Rival PepsiCo, meanwhile, recently bought carbonated drink maker SodaStream, which produces machines that allow people to make fizzy drinks in their own homes. Following pressure from activist shareholders, Whitbread revealed in April that it would spin off Costa, leaving it to concentrate on its hotel chain Premier Inn.
  • Elon Musk is back to insinuating Thai cave diver is a

    Elon Musk is back to insinuating Thai cave diver is a "pedo"

    Finance

    Mr Musk said it was " strange " that Mr Unsworth had not, after all, made a decision to sue him. "I think people realise what sort of guy [Musk] is". Mr Musk posted: "We will make one (a video) of the mini-sub/ pod going all the way to Cave 5 no problemo". One read: "Sorry pedo guy , you really did ask for it".
  • 99.3% of demonetised currency returned to banks: RBI

    99.3% of demonetised currency returned to banks: RBI

    Finance

    The total value of SBNs returned to banks is Rs 15.31 trillion, RBI said in its 2017-18 annual report . The Reserve Bank of India finally revealed the quantum of notes that have returned into the system post the Demonetization. While The Wire has over the last eighteen months reported and analysed how India's currency-in-circulation (CiC) and currency-to-GDP ratio has not changed drastically after demonetisation, the RBI's annual report provides further proof of how little things ...
  • Friendly Fire? WSJ Ridicules Trade Deal with Mexico: 'Worse' Than NAFTA Pullout

    Friendly Fire? WSJ Ridicules Trade Deal with Mexico: 'Worse' Than NAFTA Pullout

    Finance

    The president's own staff then also undercut the message. The president and other critics say the pact encouraged US manufacturers to move south of the border to exploit low-wage Mexican labor. The deal is expected to benefit both countries. But other analysts said the answer wasn't clear: "It's a question that has never been tested", said Lori Wallach, director of the left-leaning Public Citizen's Global Trade Watch.
  • S&P 500, Nasdaq end at records after Fed speech

    S&P 500, Nasdaq end at records after Fed speech

    Finance

    That is the difference between short-term interest rates and long-term rates. But speaking publicly for the first time since Trump said last month that he was "not thrilled" with recent rate increases, Powell indicated the Fed plans to continue its efforts to normalize interest rates that had been kept historically low in the recession that began in 2008.
  • Impeachment would ‘crash’ the economy

    Impeachment would ‘crash’ the economy

    Finance

    The president then pointed at his head and said , "Because without this thinking you would see, you would see numbers that you wouldn't believe in reverse". Cohen did not name the two women, nor did he directly name Trump, but said he was working "in coordination and at the direction of a candidate for federal office".