Finance

by | August 21, 2018 | 11:58

She said SodaStream's products, which are marketed as a healthy alternative to sugary drinks, fit in with the U.S. firm's goal of "making more nutritious products while limiting our environmental footprint". SodaStream's shares were up 9 percent in Tel Aviv, while its USA -listed shares were up almost 10 percent. Active across several continents, Sodastream makes a machine and refillable cylinders which allows domestic users to make their own carbonated drinks, which is increasingly seen as ...

by | August 20, 2018 | 20:54

A bullet mark was clearly visible on the window of a security booth at the embassy, but didn't appear to have penetrated the thick glass. "We have no reports of any injuries and we are investigating the details", David Gainer, the embassy spokesperson, said.

by | August 20, 2018 | 19:13

The New York Times report said another possibility under consideration is that SpaceX would help bankroll the Tesla privatization and would take an ownership stake in the carmaker, according to people familiar with the matter. Musk's comments suggest the events are taking an enormous physical and psychological toll. "They can have the reins right now", stated Musk. The drug can cause a series of side effects including a unusual combination of sleep walking and amnesia and some board ...

by | August 19, 2018 | 21:09

Abolishing the rule would "allow greater flexibility & save money" for businesses, Mr. Trump tweeted. Kevin Lamarque/ReutersU.S. President Donald Trump hosts a meeting with business leaders in the Roosevelt Room of the White House in Washington January 23, 2017.

by | August 19, 2018 | 14:04

While Google would like to expand its services in China, it is not clear that it would, or could, said Pichai. Google employees have written a letter to management calling for greater transparency in the wake of reports the company is planning a modified version of its search engine for China.

by | August 18, 2018 | 21:41

The tweet may have violated USA securities law if it turns out to be untrue, lawyers have said . Tesla whistleblower Martin Tripp took to Twitter on Wednesday night, tweeting photos he alleges came from inside the company. Tesla's share price fell down 2.6 percent to $338.69 on August 15, following news of the subpoena, lower than the share price the day prior to Musk's tweet.

by | August 18, 2018 | 18:53

The problem is, unlike Papa John's who will afforded the chance to improve their brand without their hapless founder, Tesla needs Musk at his best to compete at the World stage. It emerged that company chiefs have been searching for a Tesla number two to help Musk manage his workload and approached Facebook's chief operating officer Sheryl Sandberg about the job.

by | August 18, 2018 | 18:22

Elmira Bayrasli, who teaches global affairs with a focus on Turkey at Bard College, said that Erdogan is improving relations with Europe to increase confidence in the Turkish market. Turkey has taken advantage of the United States for many years. He has tweeted the United States will pay nothing for the release of an innocent man after the White House confirmed it has prepared to impose more sanctions .

by | August 18, 2018 | 09:52

Earlier this week, Turkish President Recep Tayyip Erdogan announced his country would boycott US -made electronics. "Similarly, there has been no improvement in relations with the USA and additional sanctions may be on the horizon".

by | August 17, 2018 | 22:56

Meanwhile the Retail Prices Index (RPI) measure of inflation fell to 3.2%. RBI , in its monetary policy review on 1 August, had increased its policy rate by 25 basis points (bps) for the second time in two months, blaming rising inflation risks.

by | August 17, 2018 | 22:11

At a cabinet meeting, US Treasury Secretary Steven Mnuchin assured President Donald Trump that sanctions were ready to be put in place if an American pastor, being held in Turkey on terror-related charges, was not freed. The United States has repeatedly demanded the release of Brunson from Turkish authorities, while Ankara has said that the U.S.' demands are not in line with principles of an independent judiciary and that it is the courts who will make the ultimate decision.

by | August 17, 2018 | 16:55

BEIJING-China says it is challenging a U.S. tariff hike on solar panels before the World Trade Organization, adding to its sprawling conflicts with U.S. It said on May 14 it had issued a request to the WTO for a dispute settlement process with Washington. According to figures from the China Photovoltaic Industry Association (CPIA), US solar module production capacity fell from 1.5 gigawatts in 2011 to 1 GW a year ago as a result of bankruptcies.

by | August 17, 2018 | 16:41

The growing tensions between Washington and Ankara have sent the Turkish currency tumbling to historic lows. This has worsened a crisis for Turkey's currency, the lira, which has lost about a third of its value against the dollar since January.

by | August 17, 2018 | 09:15

Turkey's currency, which had been under pressure as inflation soars, plunged more than 20% last week after Mr Trump imposed sanctions on Turkey's steel and aluminium exports. "Tax rates on imports of some products have been increased on a reciprocal basis against the USA administration's deliberate attacks on our economy", the country's vice president, Fuat Oktay, said in a pair of tweets .

by | August 16, 2018 | 23:21

Tensions between the two North Atlantic Treaty Organisation allies have been strained amid Turkey's detention of American pastor Andrew Brunson . In retaliation, Turkey is now hiking tariffs on American cars to 120 percent and increasing duties on alcohol to 140 percent.

by | August 16, 2018 | 21:57

A Chinese delegation led by Vice Commerce Minister Wang Shouwen will meet with an American group led by David Malpass later this month. A Chinese delegation led by Vice Minister of Commerce Wang Shouwen will meet US representatives led by Under Secretary of Treasury for International Affairs David Malpass, the Ministry of Commerce said in a statement on its website.

by | August 16, 2018 | 21:28

Although the exact cause is not yet known, most of the blame is being pointed at Autostrade, the private firm responsible for operating the bridge and most of Italy's highways. Cozzi has said the investigation of the cause is focusing on possible inadequate maintenance of the 1967 Morandi Bridge or possible design flaws. "I don't know when", he warned.

by | August 16, 2018 | 20:45

Emerging-market economies broadly are also in much better shape than 20 years ago, with stronger currency reserves, say strategists at Wells Fargo Investment Institute. Washington has imposed financial sanctions on two Turkish ministers and doubled steel and aluminum tariffs on Turkey, as Trump tries to secure the release of Andrew Brunson , a 50-year-old American pastor being tried in Turkey on espionage and terrorism-related charges.

by | August 16, 2018 | 20:26

The Chinese tech conglomerate said that its net income for the three months that ended in June was 17.9 billion yuan ($2.6 billion), a decline of 2% compared to the same period previous year. A clampdown on approvals for new games will probably make matters worse. The art style was changed, but the game went on to be a huge success both in Tencent's native China and North America.

by | August 16, 2018 | 15:56

Turkey and Qatar have traditionally maintained good ties and Ankara stood by Doha after Saudi Arabia and other Arab states severed diplomatic, trade and travel ties with Qatar previous year, accusing it of financing terrorism - a charge Doha denies .

by | August 16, 2018 | 12:59

U.S. Charge d'Affaires Jeffrey Hovenier talks to members of the media after visiting USA pastor Andrew Brunson, who is being held under house arrest in Izmir, Turkey , Aug. "The price of an iPhone 7 was 3,000 liras or 594 dollars at the beginning of this month". Cavusoglu said ties with the bloc, long strained, were on a firmer basis and had started normalizing.

by | August 15, 2018 | 23:51

The Turkish currency has lost almost 40 percent against the dollar this year, driven by worries over Erdogan's growing influence on the economy and his repeated calls for lower interest rates despite high inflation. Apple has 22 percent of the smartphone market in Turkey, where 11.4 million units were sold a year ago, according to Ramazan Yavuz, research manager at IDC consultancy company.

by | August 15, 2018 | 20:58

The lira - which had lost just under a quarter of its value in trade on Friday and Monday - however continued to claw back some ground on financial markets, rallying over five percent against the dollar. Mr Erdogan suggested Turkey would stop procuring US-made iPhones and buy Korean Samsung or Turkish-made Vestel devices instead. The lira was around 6.55 to the dollar on Tuesday, up 6% on the previous day after the central bank freed up cash for banks, and a slight recovery from a ...

by | August 15, 2018 | 19:17

Oil prices were mixed with Brent was up at 72.73 dollars a barrel, while US crude added 5 cents to 67.68 dollars. Some oil bulls are preparing for oil prices of US$150 and even US$200, Reuters reported yesterday, citing prominent hedge fund manager Pierre Andurand and Jean-Louis Mee, chief executive of Westbeck Capital.

by | August 15, 2018 | 14:24

Davide Capello, a former Cagliari goalkeeper, now firefighter, plummeted to the ground inside his auto when the bridge collapsed the Italian news agency ANSA reported . This technique also characterises another, even longer and just as problematic Morandi bridge: the 8.7-kilometre long General Rafael Urdaneta Bridge that spans the bay of Maracaibo, Venezuela, and was completed in 1962.