Finance

by | August 02, 2018 | 14:10

The Trump administration has imposed tariffs on $34 billion worth of goods from China. The US on Monday launched a dispute at the (WTO) challenging five WTO member countries for applying trade tariffs in retaliation for US President Trump's recent actions on the aluminium and steel trade.

by | August 02, 2018 | 11:18

Tesla spent millions as it reached a goal of producing 5,000 Model 3 sedans per week by the end of June . In shorter-term milestones, Tesla hopes to hit 6,000 Model 3s per week by the end of August, increasing to 10,000 per week by the end of the year.

by | August 02, 2018 | 10:56

But the move stoked tensions rather than defusing the crisis, with USA media reports accusing Turkey of reneging on a deal to free him, which Ankara has denied. Language that calls for the release of Brunson and others has also been included in a defense authorization bill. On Wednesday, he went further than many might have imagined he ever would.

by | August 01, 2018 | 23:16

Delligatti died in 2016 at 98 and his legacy continues to this day. While crypto is a big thing these days, McDonald's is throwing a curveball into the self-release currency game by putting out an actual, physical coin called the " MacCoin ".

by | August 01, 2018 | 08:56

FILE PHOTO: The company's logo is seen outside Austria's first Apple store, which opens on February 24, during a media preview in Vienna, Austria, February 22, 2018. Apple's guidance for Q4 was $60 billion and $62 billion in revenue , versus analysts' expectations of $59.48 billion. It's also working on an upgraded Pro model with iPhone X features like Face ID, which could increase sales of the device.

by | July 31, 2018 | 17:46

Coming in 2019 is the LiveWire , Harley-Davidson's first electric motorcycle . These will be joined by a range of lightweight urban motorcycles also within 4 years, although for now, there are no more details other than a few concept sketches.

by | July 31, 2018 | 17:05

But it gave a failing grade to the pre-polling campaigning marred by intimidation of the media and unfair targeting of the former ruling party. The PTI has broken the duopoly held by the Pakistan People's Party (PPP) and Pakistan Muslim League-Nawaz (PML-N) for decades.

by | July 30, 2018 | 21:30

It was the second time Facebook stock took such a dramatic plunge. According to the complainant, the marketplace was "shocked" when "the truth" began to emerge on Wednesday from the Menlo Park, California-based company. Since then, many have been consolidated in the federal court in San Francisco. Facebook investors are suing the social network, its CEO Mark Zuckerberg and CFO David Wehner after a poor earnings report wiped out almost $160 billion of shareholder wealth.

by | July 30, 2018 | 07:12

On July 24, the Department of Agriculture announced a plan to give $12 billion in aid to USA farmers hit by retaliatory worldwide tariffs on American produce, grain and meat exports. "And we made a deal today", Juncker said. That would finally be called Free Market and Fair Trade! The daily reports that the European Union leaders had agreed to this move back in May, even though USA gas is as much as 20% more expensive than Russian gas delivered to the EU.

by | July 28, 2018 | 20:32

According to the research firm eMarketer , Amazon's e-commerce revenue will grow more than 28 per cent this year to reach US$394 billion, and will account for 49 per cent of United States online retail sales and almost five percent of all retail spending.

by | July 28, 2018 | 20:17

Twitter Inc on Friday reported fewer monthly active users than analysts expected and warned that the closely-watched figure could keep falling as it deletes phony accounts, sending shares sharply lower in early trading. Twitter reiterated Friday that it is trying "to invest in improving the health of the public conversation" on its platform, making the "long-term health" of its service a priority over short-term metrics such as user numbers.

by | July 28, 2018 | 12:32

Trump promised the U.S. would not impose tariffs on the import of European cars, something the United States had threatened to do in retaliation to taxes imposed on certain American goods entering Europe following Trump's decision to levy extra taxes on imported aluminium and steel.

by | July 28, 2018 | 10:11

Facebook had 2.23 billion monthly users as of June 30, up 11 percent from a year earlier, but well short of what industry analysts had been expecting. The company is grappling with new data laws in Europe, criticism over its content policies and privacy issues. I saw them sprawled out across airports recently when I traveled, and it was definitely weird to see them.in-person, letting me know they're protecting my data more, on my phone.

by | July 27, 2018 | 21:41

Yemen , where a Saudi-led coalition has been battling the Houthis in a three-year war, lies beside the southern mouth of the Red Sea, one of the most important trade routes in the world for oil tankers. The Yemeni government has strongly condemned Houthis' attack on two Saudi oil tankers in the Red Sea, Saudi Press Agency (SPA) said Thursday night.

by | July 27, 2018 | 21:41

Pierce said in a public statement that the commission was wrong to disapprove the proposed rule change to list and trade shares of the Winklevoss Bitcoin Trust on the Bats BZX Exchange. Watch bitcoin trade in real-time . (BZX) asserted that the Gemini Auction price is 'uniquely resistant to manipulation, ' but the regulatory agency does not support that argument.

by | July 27, 2018 | 13:44

Investors have been anxious about the continuing brand damage the Cambridge Analytica data hacking scandal is taking on Facebook , a day after it revealed three million European users had stopped using Facebook . Facebook has continued to suffer fallout from investigations into Russian manipulation of the platform during the 2016 USA presidential election.

by | July 27, 2018 | 09:28

The recall is limited to the United States, including Puerto Rico and the US Virgin Islands. All of the products share the same whey powder in a seasoning used in them. Michael Moss, an investigative journalist who won a Pulitzer Prize for reporting on contaminated food, joins "CBS This Morning" to discuss why food companies should be more diligent and what might be behind the rise in recalls.

by | July 26, 2018 | 20:57

The two leaders diffused what had threatened to become a trade war between the two blocs, fuelled by tariffs set by Mr Trump on European steel and aluminium exports, and threats to expand the tariffs to cars. The EU commission chief betrayed some scepticism in a remark at a speech in the USA capital later the same day. "We will hold off on further tariffs, and reevaluate existing tariffs on steel and aluminum".

by | July 26, 2018 | 16:14

President Trump welcomes Jean-Claude Juncker, president of the European Commission to the White House to discuss trade. This is why we agreed today, first of all, to work together toward zero tariffs, zero non-tariff barriers, and zero subsidies on non-auto industrial goods.

by | July 26, 2018 | 13:59

The victor can either take the entire US$522 million in instalments or an immediate lump sum of US$308 million. That means despite Tuesday's jackpot being smaller, the victor will still take home a higher sum of money. "It's really exciting", Cohen said. The California Lottery says one lucky person won the Mega Millions lottery Tuesday night. The next drawing will be Friday, July 27, when the jackpot resets to $40 million - a $23.6 million lump sum.

by | July 26, 2018 | 13:31

He said the EU had agreed "almost immediately" begin buying more U.S. soybeans and that the European bloc had agreed to increase LNG exports from the U.S. Some Republicans in farm states quickly dismissed the plan, declaring that farmers want markets for their crops, not payoffs for lost sales and lower prices.

by | July 26, 2018 | 10:44

Fourteen analysts surveyed by Zacks Zacks Investment Research expected $13.43 billion. The earnings report follows a tumultuous quarter for Facebook , which has faced questions from Congress and others about handling of misinformation on its site and user privacy.

by | July 26, 2018 | 09:16

Russian President Vladimir Putin, Indian Prime Minister Narendra Modi and Brazilian President Michel Temer are attending the summit, along with several African leaders invited as guests. Last week, Trump said he was ready to impose tariffs on all $500 billion of imported goods from China. "I think that something that is pertinent that relates to the United States and President Trump's administration is, of course, their protectionist measures that they have put on in terms of trade, and the ...

by | July 25, 2018 | 23:48

China , the European Union , Canada and Mexico have all been hit by USA levies on some of their imports , including steel and aluminum, and have retaliated by placing their own tariffs on US agricultural exports, targeting farm states that are politically important to the president.

by | July 25, 2018 | 22:25

That proposal doesn't yet have enough GOP support to pass the Senate, and it appears Trump's bailouts to farm country are meant to tamp down GOP criticism of Trump's trade policies. The US plans to provide subsidies to farmers and buy unsold crops, among other measures. Some farmers were more skeptical of the administration's actions, believing the midterm elections in November had more to do with the announcement than concern for farmers.