Markets

Markets China Says Will Protect Interests From
Author: 0 China Says Will Protect Interests From "Reckless" US Trade Threats

In more measured tones, the state-owned China Daily simply stated in an editorial that the "Ministry of Commerce was surprised" by Washington's move after the US Treasury Secretary Steven Mnuchin had insisted that tariffs had been put " on hold " following the second round of trade talks earlier this month.

Markets Canada Purchases Trans Mountain Pipeline from Kinder Morgan
Author: 0 Canada Purchases Trans Mountain Pipeline from Kinder Morgan

Federal Finance Minister Bill Morneau made the announcement from Ottawa and says the deal represents a sound investment. On Monday, Prime Minister Justin Trudeau reiterated that his government is "going to get this pipeline built", but offered no news on the matter days before Kinder Morgan's deadline.

Markets Oil falls as Opec, Russia look to up output
Author: 0 Oil falls as Opec, Russia look to up output

The rout that started last Tuesday has wiped out all of oil's gains in May. USA stock markets sank more than 1 percent, while the dollar wobbled at a 10-month high against the euro. He was echoing concerns voiced a week earlier by the International Energy Agency, which advises major oil-consuming nations. OPEC is once again between the rock of US shale production and exports, and the hard place of budget gaps and investment projects that need funding.

Markets Faux pas: Petrol, diesel prices cut by 1 paisa, not 60 paise
Author: 0 Faux pas: Petrol, diesel prices cut by 1 paisa, not 60 paise

Even as global crude oil prices are coming down, fuel prices in the country were going up, he claimed. The cost of diesel per litre has also been increased to Rs 69.31 per litre in Delhi and Rs 73.79 a litre in Mumbai . Delhi has the cheapest price among all metros and most state capitals. The selling prices of petrol and diesel with effect from May 30, 2018 have been rectified.

Markets Trump hits China with $50B tariffs, investment restrictions
Author: 0 Trump hits China with $50B tariffs, investment restrictions

The White House said it will also implement "specific investment restrictions and enhanced export controls" for Chinese individuals and entities related to technology in the coming weeks. technology for strategic purposes; and outright cybertheft. Although the Trump administration first announced the tariffs in April , as recently as a week ago the administration said that tariffs were no longer on the table after significant progress had been made in trade negotiations between the ...

Markets JAB buys majority stake in Pret A Manger
Author: 0 JAB buys majority stake in Pret A Manger

The food-and-drink empire built by JAB, a Luxembourg-based investment company backed by the billionaire Reimann family, competes in the US with Starbucks Corp. Pret, known for its freshly-made sandwiches, salads and wraps, has 530 shops - including 381 in the United Kingdom and 92 in the United States - and group revenues of €1,009 million.

Markets Kinder Morgan Canada shares move higher after deal to sell Trans Mountain
Author: 0 Kinder Morgan Canada shares move higher after deal to sell Trans Mountain

Finance Minister Bill Morneau said purchasing the pipeline was the only way to ensure that a planned expansion could go ahead. "I would be shocked if the Canadian government didn't make money", he said. In British Columbia, Premier John Horgan said, "Tens of thousands of B.C.jobs depend on pristine coastal and inland waters". The deal brings some certainty to an expansion project that has been on the rocks ever since B.C.

Markets Starbucks to Close Stores Tuesday to Conduct Anti-Bias Training
Author: 0 Starbucks to Close Stores Tuesday to Conduct Anti-Bias Training

In an effort to stem the outcry over the arrest of two black men at one of its stores, Starbucks will close 8,000 US stores Tuesday afternoon for anti-bias training for its employees. And in this - and retail establishments. Johnson said the real work is for employees to apply what they learn in their everyday lives. A customer at a San Marco Starbucks, Brandon Williams, said the Philadelphia incident was troubling.

Markets Federal Bureau of Investigation urging people to reboot routers, due to malware threat
Author: 0 Federal Bureau of Investigation urging people to reboot routers, due to malware threat

Meanwhile, TP-Link officials say they are aware the malware targets one of their router models, and are investigating. Cisco and the Justice Department have also urged all home and small office users to reboot routers. The bureau posted an alert on Friday, warning Americans that "foreign cyber actors" have launched a worldwide attempt to breach small home and office routers and other networked devices.

Markets Memorial Day Travel 2018: What to Expect, Tips to Be Prepared
Author: 0 Memorial Day Travel 2018: What to Expect, Tips to Be Prepared

The average price for unleaded gas in Bay County is $2.89. That's up 25 percent from the year-ago average of $2.37. In 2008, at the height of the recession, gas prices were $4.29 a gallon, according to AAA . Globally, the demand has been robust, pushing crude prices higher, Dodds said. In Sioux City, prices ranged from about $2.68 to $2.75 per gallon.

Markets Indian motor fuel prices fourth highest among top 10 crude oil nations
Author: 0 Indian motor fuel prices fourth highest among top 10 crude oil nations

In Mumbai and Chennai, petrol was sold at Rs 85.93 and Rs 81.11 a litre, respectively, up from Rs 85.78 and Rs 80.95 per litre on Saturday. Fuel prices are likely to be slashed by Rs 2 to Rs 4 in the next few days and a decision will be made after discussions involving the Prime Minister's Office, the finance and oil ministries and state-owned oil marketing companies such as Indian Oil and BPCL, officials in the finance ministry said on Tuesday.

Markets Tesla's Musk bashes media, proposes credibility check
Author: 0 Tesla's Musk bashes media, proposes credibility check

Tesla has been getting negative press for inadequate safety measures at its electric vehicle manufacturing plant in the US. He continued by telling his followers that Tesla's negative headlines are due to journalists being "under constant pressure to get max clicks & earn advertising dollars" lest they lose their jobs.

Markets Service dog gives birth to 8 puppies at Florida airport gate
Author: 0 Service dog gives birth to 8 puppies at Florida airport gate

It took a couple of hours", said Jason Penny, Tampa Fire Rescue . The puppies' father, Nugget, looked on during the birth. Eleanor Rigby, or Ellie for short, is a yellow lab that turned 2 years old earlier this month. Eleanor Rigby was about to board a flight when her owner realised she was going into labour. They announced that six puppies - all boys - were born, and they were patiently awaiting the seventh pup.

Markets Oil Prices Fall As Saudis See Likely Supply Boost
Author: 0 Oil Prices Fall As Saudis See Likely Supply Boost

The oil group is scheduled to meet with top non-OPEC producers in Vienna June 22, but sources told Reuters that Saudi Energy Minister Khalid al-Falih is scheduled to meet with officials from Russian Federation and the United Arab Emirates this week to discuss increasing production.

Markets Million Chrysler, Dodge, Jeep and Ram Vehicles: Recall Alert
Author: 0 Million Chrysler, Dodge, Jeep and Ram Vehicles: Recall Alert

A spokesperson from FCA Australia told SBS that in some cases, cars may continue to accelerate at the speed set by the driver, meaning they won't slow down automatically to prevent collision with other vehicles, as they are created to. The company also notes drivers can shift the vehicle into neutral and then brake accordingly. Fiat says a "widespread network" of dealers are prepared to help.

Markets Gas prices are up 31% from last Memorial Day, here’s why
Author: 0 Gas prices are up 31% from last Memorial Day, here’s why

Travel for Memorial Day Weekend is expected to hit near-record numbers. GasBuddy's head of petroleum analysis, Patrick DeHaan, says motorists could see some relief in mid-June , but fuel prices will be the highest since 2014 when gas prices peaked at $4.25 a gallon.

Markets Turkish Central Bank hikes interest rates
Author: 0 Turkish Central Bank hikes interest rates

The Turkish lira regained some of its value after the bank's monetary policy committee held an emergency meeting and announced it was raising the rate from 13.5 percent to 16.5 percent. "The central bank acted after three weeks of turmoil on Turkey's currency markets". This is something Turkey President Recep Tayyip Erdogan will look to avoid.

Markets India to take a long-term view on fuel pricing: Ravi Shankar Prasad
Author: 0 India to take a long-term view on fuel pricing: Ravi Shankar Prasad

Chidambaram has went on to say that the prices of the petrol can be brought down by Rs 25 per litre. Despite the astounding profits that OMCs have made in the last few years, fuel prices for consumers have gone from bad to worse. The hike in the fuel prices is due to the less production of oil in the Organisation of the Petroleum Exporting Countries (OPEC) and hike in crude oil price in the global market.

Markets Tech firms 'blackmailing' users over GDPR — EU's Giovanni Buttarelli
Author: 0 Tech firms 'blackmailing' users over GDPR — EU's Giovanni Buttarelli

It will just be easier in the long run to have one set of behaviors for how you treat personal information, instead of trying to have two systems, especially if your business is really worldwide. "Once you try to codify the spirit (of the law) - then you get unintended consequences", said Lars Andersen, whose London-based My Nametags business handles names and phone numbers of children .

Markets Comcast closing in on plan to challenge Disney's Fox bid
Author: 0 Comcast closing in on plan to challenge Disney's Fox bid

Disney already plans to buy Sky TV as part of the deal for Fox , but United Kingdom regulators have said they don't see any public interest concerns with Comcast's offer. Comcast is putting cash on the table to stop Disney's deal with Fox . Comcast chief Brian Roberts is set to clash with Disney's Bob Iger for control of the film and TV empire that Rupert Murdoch and sons James and Lachlan spent years building.

Markets Jared Kushner gets permanent security clearance
Author: 0 Jared Kushner gets permanent security clearance

A source told The Times that Kushner's clearance was approved by career staffers at the Federal Bureau of Investigation after his background check by the agency was complete. Even without a permanent clearance, the president's son-in-law had been allowed to see materials, including the president's daily brief, that are among the most sensitive in government.

Markets Republicans, no Democrats, to attend meeting on Federal Bureau of Investigation campaign surveillance: White House
Author: 0 Republicans, no Democrats, to attend meeting on Federal Bureau of Investigation campaign surveillance: White House

Press secretary Sarah Sanders said Tuesday the meeting would be Thursday. "The individuals that are expected to attend are Chairman Nunes, Chairman Gowdy, FBI Director Wray, [Director of National Intelligence Dan] Coats, and DOJ official Ed O'Callaghan", she said, referring to House Intelligence Chairman Devin Nunes ., R-Calif., and House Government and Oversight Reform Chairman Trey Gowdy , R-S.C.

Markets Foreign media arrive for North Korea nuke site closing
Author: 0 Foreign media arrive for North Korea nuke site closing

Bolton is widely perceived to have a penchant for military action, as illustrated in a column he wrote for the Wall Street Journal in February laying out the legal arguments for strikes on North Korea. Internationally, there are high hopes that China will play a positive role. The regime in Pyongyang has never said it was prepared to single-handedly give up its nuclear program but has instead repeatedly made it clear this would have to be part of a "phased and synchronous" process that ...

Markets U.S. to impose 'strongest sanctions in history' on Iran
Author: 0 U.S. to impose 'strongest sanctions in history' on Iran

In his first major foreign policy address as US Secretary of State, Pompeo listed a dozen demands, an agenda encompassing Iran's foreign ventures as well as its nuclear and missile programmes. It's no coincidence that John Bolton, one of the George W. Bush administration's architects of that disaster, is now at the center of American policymaking as Mr.

Markets Jose Mourinho Bemoans Losing At His Own Game To Chelsea's Antonio Conte
Author: 0 Jose Mourinho Bemoans Losing At His Own Game To Chelsea's Antonio Conte

Hazard sent a message to the club's board after their win at Wembley, saying Chelsea needed top-tier signings to compete again next term. "We controlled the positions and transitions really well, they only played long balls to Giroud to flick, Hazard to win the second balls, and when you play against a predictable team it's easy to adapt to it".

Markets No Man's Sky is coming to Xbox One in July with multiplayer
Author: 0 No Man's Sky is coming to Xbox One in July with multiplayer

No Man's Sky will be getting a major multiplayer update on July 24th, 2018, along with its release on the Xbox One console , development studio Hello Games announced . Also, as the universe is shared, any bases you build can be visited by other players. He had no less than two fairly big things to reveal for No Man's Sky , one of them being the release date of the game for Xbox One .

Markets The BMW iNext electric crossover will debut this year
Author: 0 The BMW iNext electric crossover will debut this year

BMW is perhaps being a bit more circumspect than other premium auto makers when it comes to EVs and Autonomy, but it too is heading deep in to an electric future, and at their AGM yesterday Board Chairman Harald Kruger revealed an initial design concept for a new electric BMW iNEXT (above).

Markets Netflix to invest 85 percent spending on original content
Author: 0 Netflix to invest 85 percent spending on original content

Netflix told Reuters the streaming service plans to release at least 86 original films in 2018. It appears that Netflix newer strategy is paying off. Shrishti Behl has taken the post of director for Netflix originals in India, while former Fox executive Swati Mohan will be responsible for brand marketing in the country.