Finance

by | January 25, 2019 | 20:25

Venezuelan President Nicolas Maduro on Thursday directed his country's diplomats in the U.S. to leave that country and ordered the embassy and consulates there closed, also reiterating that USA diplomatic personnel must leave the South American nation within 72 hours.

by | January 25, 2019 | 19:43

Some arriving flights are also being delayed; the FAA reports an average of 41 minute delays for LaGuardia-bound flights out of Newark International Airport and Philadelphia International Airport. "We're trying to get everyone involved to work something out". "Traffic is experiencing Gate Hold and Taxi delays between 16 minutes and 30 minutes in length and increasing ", the FAA website said of Orlando International.

by | January 25, 2019 | 18:37

China "wants to make a deal", he said at the White House. The impasse, along with the U.S. demands that China scale back state subsidies have lurked below the surface even as the two sides have made progress on addressing the bilateral trade deficit through increased Chinese purchases of USA agriculture and energy goods.

by | January 23, 2019 | 22:26

Deliveries should start in February for the Long Range Battery version of the midsize sedan - the same variant first sold in the US - according to Tesla, after Dutch vehicle authority RDW issued approval for sales. Panasonic has been Tesla's partner in creating batteries for its electric cars from the outset of Model S production and co-owns the Nevada battery-production Gigafactory that produces far more electric-car batteries any other.

by | January 23, 2019 | 19:29

The U.S.is now in the fifth week of the longest Government Shutdown on record. Officers have been deployed from other airports to backfill, but TSA said it is increasingly likely airports are going to see security lanes closed. The TSA said that of the 1.78 million passengers who passed through airport security yesterday, 99.9% waited less than 30 minutes and 93.1% waited less than 15 minutes.

by | January 23, 2019 | 17:02

Earlier this month, flights from London's Heathrow airport were halted for about an hour after a drone was sighted near Europe's busiest air hub. The incident is reminiscent of similar stoppages at airports in the United Kingdom , when drone sightings at London's Heathrow and Gatwick airports brought air traffic to a standstill.

by | January 23, 2019 | 15:26

Encompassing all virtues that suit lifestyle of young Indian customer, Baleno will arrive in its striking new stance complimented with new and aggresive front design. The leather-wrapped steering wheel and the UV-Cut glasses are two such features that will be only available with the top-end variant of the Baleno. The K12M 1.2-litre VVT naturally aspirated petrol (84.30 PS/115 Nm) and the 1.3-litre DDiS 190 turbocharged diesel (75.05 PS/190 Nm) engines are continuing in the same ...

by | January 23, 2019 | 13:29

Toyota Motor Corp and Panasonic Corp are launching a joint venture next year to make electric vehicle (EV) batteries, leveraging the heft of one of the world's largest automakers and battery makers to expand their EV push. The joint venture seeks to address these issues by drawing on both companies' resources and expertise. As well as being used by Toyota , the batteries resulting from the partnership will be sold to other carmakers through Toyota .

by | January 23, 2019 | 12:59

Talks between the two have also broached the possibility of Saudi Aramco using the vast oil-storage tanks in Saldanha Bay, a harbor north of Cape Town offering a strategic location for trading. Al-Falih reportedly said , "We believe that South Africa will grow economically", and that additional projects may follow those now under discussion, suggesting that Aramco could also help supply South Africa with natural gas.

by | January 23, 2019 | 10:34

As one of our loyal readers, we ask you to be our partner. The demand comes a day after 140 global China experts - including five former Canadian ambassadors - urged President Xi Jinping to free two Canadians detained in apparent retaliation for Meng's arrest.

by | January 23, 2019 | 07:27

It is understood the contractor had been working for the Cheshire based MF Construction firm at the Travelodge. "It is alleged that the laborer couldn't track down the owner of MF Construction and he became increasingly frustrated", Parkinson said in a statement.

by | January 23, 2019 | 06:14

Cutting its forecast for global growth by 0.1 percent from its October prediction to 3.5 percent, the International Monetary Fund said the main reason for the change was weakness in Europe and Japan. China's economic slowdown is not news in itself. The GDP was 82.08 trillion yuan (USD 12.13 trillion) in 2017, down 636.7 billion yuan (USD 93.9 billion) from the preliminary calculation, the NBS said on Friday.

by | January 23, 2019 | 04:41

Adding to the air of caution, the International Monetary Fund trimmed its global growth forecasts and a survey showed increasing pessimism among business chiefs as trade tensions loomed. "Sometimes we spook ourselves, so it remains to be seen how slow is slow, how bad is bad, let's see how the first quarter looks", said Cha. Gopinath said we are not necessarily "staring at an imminent global downturn", but pointed to "two key sources of risk" in the future: An escalation in trade tensions, ...

by | January 23, 2019 | 04:43

Ghosn is also willing to remain in Tokyo , where he has leased an apartment, and post stock he owns in Nissan Motor Co (7201.T) as collateral, his spokeswoman said. The alliance partners aren't yet at a stage where they can further discussions on their capital relationship, and Renault has to sort out its management structure before the two boards can have a thorough discussion, Saikawa told reporters on Monday.

by | January 22, 2019 | 11:07

At the launch of the report in Davos , Switzerland, Gopinath said: "The global expansion is weakening and at a rate that is somewhat faster than expected". Bulltick Capital Markets' Kathryn Rooney Vera on China's economic slowdown, US trade talks with China and the outlook for the global markets. The World Bank and the Organization for Economic Cooperation and Development have also downgraded their world growth forecasts.

by | January 21, 2019 | 22:06

The French Data protection agency CNIL released a statement Monday stating that the staggering €50 million ($56.8mn) fine was motivated by complaints about the company's illegal practices in the collection and use of personal data. Meanwhile, Google requires people who sign up to agree to its terms and conditions in full in order to create their accounts, a form of consent that the CNIL faulted because it requires users to agree to everything - or not use the service at all.

by | January 21, 2019 | 21:27

Combined with reports from Apple , American car-makers, and other US companies that China sales are falling below expectations, this would seem to point to a decision by China's consumers to avoid USA products. Exports held up through most of 2018 despite President Donald Trump's tariff hikes on Chinese imports in a fight over Beijing's technology ambitions.

by | January 21, 2019 | 13:32

Electric-vehicle maker Tesla will recall over 14,000 Model S cars in China as part of the global automotive sector's effort to replace potentially unsafe airbags made by Takata, China's market regulator announced on Friday. He has promised a $35,000 vehicle to consumers, but so far, the cheapest Model 3 is $44,000. Based on that figure, the 7 percent cut works out to be about 3,150 jobs lost.

by | January 21, 2019 | 13:24

If passed, their plan would raise wages for almost 1 million New Jerseyans while providing a massive boost to the state's economy through increased consumer demand. "Putting the minimum wage on a clear and responsible path to $15/hour is good for workers, good for our businesses, and good for our economy", he said in a tweet.

by | January 20, 2019 | 20:13

In a morning Twitter storm, Trump also said he would not seek the removal of millions of illegal aliens living in the United States, while bashing House of Representatives Speaker Nancy Pelosi and her fellow Democrats for turning down his offer on Saturday.

by | January 20, 2019 | 17:28

USA gasoline production increased last week, averaging 9.6 million barrels per day. "Data show that Russian Federation increased crude oil production in December to a new record near 11.5 million b/d and it is unclear when it will cut and by how much", the IEA said.

by | January 20, 2019 | 15:02

The Nasdaq Composite Index rose 72.76 points, or 1.03 percent, to 7,157.23. China's Vice Premier and lead negotiator Liu He is due to visit Washington for the next round of talks with Mr. MSCI's broadest index of Asia-Pacific shares outside Japan added 0.55 per cent. It's not the first time China has made an offer to reduce the deficit as a way of trying to break the deadlock between the sides which has darkened the global economic outlook and roiled financial markets since past year.

by | January 20, 2019 | 11:25

Arrested auto executive Carlos Ghosn improperly received 7.8 million euros ($9 million) in compensation from a joint venture between Nissan Motor Co and Mitsubishi Motors Corp, the companies said on Friday . On Wednesday, French Finance Minister Bruno Le Maire stressed that Renault, in which the government owns 15 percent of stake, stressed the need to change the governance of the company, now managed by Ghosn's deputy Thierry Bollore.

by | January 20, 2019 | 11:14

And at the end of December, index funds had more than $6 trillion in assets under management, according to Morningstar. Bogle's influence was not limited to lowering the cost of investments via passive funds, Orbis Investments director Dan Brocklebank told Portfolio Adviser .

by | January 20, 2019 | 07:58

Chicago fire officials say the incident occurred Saturday morning. The National Weather Service in NY is forecasting 3 to 6 inches of sleet and snow plus possible ice. Chicago has seen continuous snowfall since Friday night and more than 900 flights have been canceled . Several airlines said on Twitter they will issue waivers and told travelers to expect more delays and cancellations during the weekend.