Finance

by | November 30, 2018 | 13:45

As he has done with several companies since he took office, Trump promised retribution for GM if it closes the plants. The company responded to Trump saying it remains "committed to maintaining a strong manufacturing presence in the USA, as evidenced by our more than $22 billion investments in U.S.

by | November 30, 2018 | 07:29

United States military officials clearly like what they've seen, and they're now ready to deploy augmented reality (AR) tech in live combat missions. " This new work extends our longstanding, trusted relationship with the Department of Defense to this new area ", Microsoft told Bloomberg in a statement.

by | November 30, 2018 | 03:19

GM said it would close four plants in the USA states of Michigan, Maryland, and Ohio. GM has the poorest plant utilization rates in the U.S. Its assembly plants represented about 1 million of the 3.2 million units of underutilized capacity through October, according to Dziczek.

by | November 29, 2018 | 23:32

Deutsche Bank shares fell as much as 4.7% on Xetra. Prosecutors are probing whether Deutsche Bank may have assisted clients to set up "Offshore-Companies" in tax havens so that funds transferred to accounts at Deutsche Bank could skirt anti money laundering safeguards.

by | November 29, 2018 | 15:58

Many economists also worry about potential economic damage caused by President Donald Trump's trade conflicts with China and other nations. "So far, I'm not even a little bit happy with my selection of Jay", Trump told the Post . Those increases have raised its benchmark rate to a still-historically-low range of 2 per cent to 2.25 per cent. "If I were on the [Federal Open Market Committee], I would not raise rates at their upcoming meeting in December", said Josh Bivens, research ...

by | November 29, 2018 | 08:12

If the two sides fail to reach a deal, Trump said he will also impose tariffs of either 10 percent or 25 percent on the remaining $267 billion in annual US trade with China . "Although the current economic situation in the United States is good, people can not rule out the possibility of another - I don't want to use the word "crisis" - a similar situation to what happened 10 years ago", he said.

by | November 29, 2018 | 08:03

Meanwhile, analysts are also anxious about potential impact on the firm from the US-China trade war, with the Trump administration not ruling out the possibility of tariffs being imposed on Apple's made-in-China products. Microsoft shares are down 8% from their September close at about $105 each. Global demand for smartphones has slowed in recent years, making it more hard for Apple to increase its revenue.

by | November 28, 2018 | 02:44

The Trump administration has already placed tariffs on $200 billion in goods manufactured in China in what it said was a bid to achieve trade parity between the two nations and discourage Chinese theft of US intellectual property. Apple stock dropped 1.6% to $171.77 in Monday's post-market session following the Journal report. Apple's shares fell by 2.11% or US$3.69 to US$170.93 during after-hours trading at 8.25am UTC on Tuesday.

by | November 28, 2018 | 02:41

Mr Trump wrote on Twitter that he was "very disappointed" and "looking at cutting all GM subsidies, including. for electric cars". "We recognise the need to stay in front of changing market conditions and customer preferences to position our company for long-term success".

by | November 27, 2018 | 10:46

Its shares rallied 7.6 percent to $38.66. It will also stop building models assembled at those plants, including the Chevrolet Cruze , the Cadillac CT6 and the Buick LaCrosse . Also affected are transmission factories in Warren, Michigan, as well as Baltimore. Kris Tripplaar/Sipa USA/NewscomSpeaking to a cheering crowd in Youngstown, Ohio, in July of past year, President Donald Trump promised more jobs would soon be flowing to the blue-collar city.

by | November 27, 2018 | 10:02

The agreement paves the way for Britain's smooth departure from the bloc from the European Union side, though a bumpy ride still awaits in the U.K. In a formal statement endorsing the deal, the leaders called on European Union institutions "to take the necessary steps to ensure that the agreement can enter into force on 30 March 2019, so as to provide for an orderly withdrawal".

by | November 27, 2018 | 07:15

The company is reinvesting money away from cars that once dominated America's roadways and putting it into technology it believes will power its future. Scheer says the closure is devastating to thousands of families in southern Ontario and the government needs to immediately explain how it will help them and protect other manufacturing jobs in Ontario.

by | November 27, 2018 | 00:01

But it still pales in comparison to China's $30.8 billion in spending on Alibaba Singles Day last month. Whether or not you participated in Black Friday shopping this year, the sales aren't quite over. Target was offering 30 per cent off on select toys, while Kohl's discounted Lego sets between 30 per cent and 40 per cent. If you buy a new model of iPhone through Walmart for the normal price, you'll receive a $300 Walmart gift card.

by | November 26, 2018 | 23:27

They could get new vehicles to build or close altogether. "While the union does not have complete details of the overall announcement we have been informed that, as of now, there is no product allocated to the Oshawa Assembly Plant past December 2019", Unifor said in a statement .

by | November 26, 2018 | 21:41

ABC won a race known as the Nakamoto Consensus, in which computers that support the Bitcoin Cash network voted to go with either ABC or SV, which offered different technical improvements to the network. "Looking for a HL on any retrace to confirm a daily bottom", Hsaka said , echoing the sentiment of many investors in the market who are cautious towards the short-term trend of the third most valuable cryptocurrency in the global market.

by | November 26, 2018 | 20:28

Areas north of M-59 are under a Winter Storm Warning until 3 p.m. for 5-8 inches of snow and blowing snow most of the day. In the Midwest, blizzard-like conditions swept down from the Great Lakes, blanketing Michigan, Iowa, Indiana, Illinois, Missouri, Kansas, Wisconsin and Nebraska.

by | November 26, 2018 | 20:26

But due to an ongoing tree shortage, officials said they had to change the vendors they use to bring the trees to their lot. "Last year was bad; this year is disgusting", said Chris Winkler, 53, co-owner of Holiday Sale tent on SW 104th St.in Kendall, who has been selling Christmas trees with his family in Miami for more than 40 years.

by | November 26, 2018 | 15:14

Below-freezing temps didn't slow down shoppers hunting for Black Friday bargains in the Big Apple, but long lines in the city - and "insane" consumer chaos at some stores across the country - convinced some that the experience would be their last.

by | November 26, 2018 | 13:56

Facebook and Twitter is replete with images with Amazon workers holding placards that read " Jeff Bezos , you're the richest man". Although, when asked about strikes at its facilities in these countries, Amazon claimed: "Our European Fulfilment Network is fully operational and we continue to focus on delivering for our customers".

by | November 25, 2018 | 19:51

Gabbana adds: "We would like to apologize to all the Chinese around the world because there are many, and we take this apology and this message very seriously". It was meant to promote the Shanghai show, but sparked outcry in China for its insensitivity, in part because of the model awkwardly attempting to eat Western food with chopsticks.

by | November 25, 2018 | 18:44

Nigel Dodds told the conference in Belfast her proposed Brexit agreement reached with the European Union would leave the U.K.in a "pitiful and pathetic place". Britain remains deeply divided over the decision, but the prime minister said that finally leaving could be "a moment of renewal and reconciliation".

by | November 25, 2018 | 18:43

Not quite, but the all-new Range Rover Evoque comes with a nifty new feature that Land Rover calls Clear Sight Ground View. It basically looks like a mini Range Rover Velar , and that's particularly because of the lamp graphic of the super-slim Matrix LED headlamps, the new radiator grille design, the front bumper blades with copper-coloured detailing, the flush door handles, the slimmer rear combination lamps and the striking black accent covering the width of the rear.

by | November 25, 2018 | 16:45

Each country has imposed tariffs on the other's products and threatened more. " We engage with countries around the world about our concerns regarding cyberthreats in telecommunications infrastructure ", a USA official told WSJ . Europe this week stepped up its scrutiny of Foreign Direct Investment specifically out of China, after absorbing nearly double the amount of Chinese money that was invested in the USA over the last decade.

by | November 25, 2018 | 02:40

Tesla is slashing prices in China for the second time this year, taking a bigger hit from the country's trade war with the United States in a bid to protect sales. China, where new energy vehicle sales surged 75.6 percent in the first 10 months of this year to 860,000 units, is one of Tesla's most important markets.

by | November 24, 2018 | 12:12

The National Climate Assessment was written long before deadly fires tore through California this month and Hurricanes Florence and Michael raked the United States' east coast and Florida. The scientists who worked on the report implored the USA not to ignore greenhouse gas emissions, which are expected to cause "substantial net damage" to the country's economy throughout the century.