Money

by | August 16, 2018 | 13:00

Erdogan spoke on the phone with German Chancellor Angela Merkel on Wednesday, the Turkish presidency said while he is due to speak with French President Emmanuel Macron on Thursday. A court on Wednesday rejected an appeal for the release of Andrew Brunson from house arrest. National Security Adviser John Bolton met at the White House on Monday with Turkish ambassador Serdar Kilic, but the discussion reportedly did not result in any substantive progress.

by | August 15, 2018 | 21:40

President Recep Tayyip Erdogan announced Turkey's latest salvo Tuesday, saying his country will boycott USA -made electronic goods and turn to other manufacturers including South Korea's Samsung or Turkey's Vestel. Turkey has been thrown into crisis mode over the past week after US President Donald Trump doubled steel and aluminium tariffs on the country, sending the value of the lira into free-fall.

by | August 14, 2018 | 23:51

The rupee, which has fallen more than 8 percent this year, has pushed up prices of imported items such as petroleum products, commodities, electronics and engineering equipment, creating a headache for Prime Minister Narendra Modi ahead of a general election due early next year.

by | August 14, 2018 | 22:44

The detention of American pastor Andrew Brunson, accused of playing a part in the failed coup attempt in Turkey in 2016, angered the Trump administration and contributed to the imposition of sanctions from the US President on the country's justice and interior ministers earlier this month.

by | August 13, 2018 | 19:09

Despite tweeting on Tuesday that funding had been secured, Musk's newest blog post appears to contradict that claim. "I understood from him that no other decision makers were needed and that they were eager to proceed", Musk wrote in the blog .

by | August 11, 2018 | 20:41

I have just authorised a doubling of tariffs on steel and aluminium with respect to Turkey as their currency, the Turkish lira , slides rapidly downward against our very strong dollar! Adding to Turkey's fiscal woes, new pension and spending increases announced by president Erdogan in the lead-up to his recent election win have further weakened the outlook for Turkey's public finances.

by | August 10, 2018 | 14:43

Sanctions on Iran's energy industry do not go back into effect until November, but analysts say the first round of sanctions that snapped back into place on Tuesday illustrated Washington's willingness to follow through on plans to hammer Iran's economy.

by | August 08, 2018 | 22:47

This included discussing how being a private company could better serve Tesla's long-term interests. Public companies have four days to report certain material events that shareholders should know about to the U.S. Many initially thought it was Elon Musk's attempt at a bad joke about marijuana , because "420" has always been associated with pot . Korus said he would need more details from Musk to judge whether a buyout offer would be practical and at what price it would be attractive.

by | August 08, 2018 | 21:00

China announced earlier Friday it plans to impose tariffs of up to 25 percent on $60 billion of US goods, as the trade salvos between the world's two largest economies continued. A Chinese Foreign Ministry spokesman had earlier called on Washington to "come to its senses" and settle the dispute. "Their economy's weak, their currency is weak, people are leaving the country".

by | August 08, 2018 | 20:55

August 7: The US announces that the second tranche of tariffs, which will hit $16 billion worth of Chinese goods, will go into effect on August 23. The latest list brings the total Chinese imports that face a 25 percent tariff to about $50 billion in a rapidly escalating trade war that could eventually slap duties on all goods traded between the world's two largest economies.

by | August 07, 2018 | 21:56

Tuesday morning. An autopsy is being performed on the fetus to determine cause of death. "The OCME can confirm we're investigating what we believe to be a human fetus found deceased on an airplane", the agency said. LaGuardia also responded to an upset Twitter user with further explanation: "We're delayed due to the medical needs of a customer". The cleaning crew immediately contacted their manager, who in turn contacted law enforcement, Franco said.

by | August 06, 2018 | 11:42

The "Notorious" has not fought in the UFC since November 2016, when he beat Eddie Alvarez for the lightweight title and became the first fighter to hold two titles simultaneously. Nurmagomedov, the Dagestan-born Russian champion, has been one of the pound-for- pound greats of MMA when healthy, racking up 10 consecutive victories since joining the UFC .

by | August 06, 2018 | 11:35

Oil prices traded slightly higher on Thursday, reversing course after a report suggested crude stockpiles at the USA storage hub at Cushing, Oklahoma fell in the latest week. China's Unipec has also suspended purchases of US crude amid the growing trade row, sources said. The kingdom has been under acute pressure from President Donald Trump to open the taps as he chokes off exports from Saudi's political rival, Iran.

by | August 04, 2018 | 22:54

The proposal would increase the potential tariff rate from the 10 per cent that the administration had initially put forward on July 10 for that wave of duties in a bid to pressure Beijing into making trade concessions, a source familiar with the plan said on Tuesday.

by | August 03, 2018 | 18:42

Parents will also save tax on certain school supplies if each item is $15 or less. North Carolina did have a sales-tax holiday shopping weekend from 2002 until 2013, when the state Legislature under then-Gov. Some cities may continue to charge their share of sales taxes but Independence is not one of them. What neighboring states still hold tax free holidays? According to the South Carolina Department of Revenue, its estimated between $2 million and $3 million were saved by ...

by | August 02, 2018 | 22:31

The Delaware General Health District told Reuters the county health department received more than 100 calls since the first complaint linked to the restaurant came in Sunday. Chipotle said it planned to reopen the OH restaurant on Tuesday after it deep cleaned the restaurant and removed all exposed foods and single-use equipment, pending approval from the local health department.

by | August 02, 2018 | 22:16

If they want to meet, I'll meet anytime they want, anytime they want ", he said. Trump would have to first take back the U.S. withdrawal from the internationally-backed deal with Iran on its nuclear weapons programme and also would have to suspend new sanctions against Tehran before any talks, Hamid Abutalebi, an adviser to Iranian President Hassan Rowhani, said on Twitter.

by | August 02, 2018 | 20:38

The iPhone maker's market capitalisation reached the figure in afternoon trading in NY as its shares rose above $207. Although many have doubted Apple's staying power over the years, unlike many hardware makers the company has ridden the elegance and functionality of its devices.

by | July 28, 2018 | 14:06

Trump and European Union Commission President Jean-Claude Juncker agreed to open talks to tear down trade barriers and address US tariffs on steel imports. "We agree today, first of all, to work together toward zero tariffs, zero, non-tariff barriers, and zero subsidies on non-auto industrial goods", Trump, alongside Juncker, told reporters in the White House Rose Garden Wednesday.

by | July 28, 2018 | 10:14

The report was a relief to investors in the U.S. technology sector, still reeling from a profit warning by Facebook Inc Wednesday that plunged its stock 19 percent. "The implementation of GDPR gave a large number of Facebook users control over their privacy, and it should have been patently obvious to investors (and to us) that allowing users control would result in slightly lower engagement", he noted, alluding to Europe's General Data Protection Regulation privacy rule.

by | July 26, 2018 | 17:44

The EU would increase purchases of liquefied natural gas (LNG) from the United States, President Trump said , making them a "massive buyer". Juncker said the two leaders agreed that as long as negotiations were ongoing, "we'll hold off further tariffs and reassess existing tariffs on steel and aluminum" put in place by the Trump administration.

by | July 24, 2018 | 21:57

As just one example of how farmers are impacted, China used to import $1 billion worth of American-grown sorghum annually, which made up 77 percent of all US sorghum exports. It accounts for a quarter of USA auto imports. It involves direct payments to farmers, the purchase of excess food and trade promotion programs to help create new export markets.

by | July 21, 2018 | 17:24

China has accused the United States of hurting the global economy by waging trade wars. The chancellor added that: "It really is a multilateral interdependent system that at its best most likely is really a plurilateral win-win situation when we stick to the rules".

by | July 21, 2018 | 15:40

But following the lift in worldwide sanctions on Iran in 2016, the Middle Eastern country's share within Korea's total crude oil imports sharply expanded to 10.38 percent in 2016 and 13.2 percent in 2017. U.S. Administration is actively considering releasing part of the 660-million-barrel SPR, with options ranging from a test sale of 5 million barrels to a release of as much as 30 million barrels, and even higher if coordinated with other countries.

by | July 13, 2018 | 10:15

Topping Comcast's 12.50 pounds a share. The decision by Jeremy Wright clears the final regulatory hurdle for Fox's bid for the 61 percent of Sky that it does not already own. Sky shares traded at £14.90 as of 9:55 am in London . Should Disney succeed, it will obtain Fox's 39 per cent stake in Sky as part of the package.

by | July 11, 2018 | 11:59

Corbyn, addressing May in parliament, said her government should be ended if it was incapable of governing. He put the chances of a confidence vote at 75 percent and her likelihood of winning one at 60 percent. These have all but stalled because of her reticence of show her cards until now for fear of angering one of the two main factions of her party. May replaced Davis by appointing Dominic Raab as the new Brexit Secretary.

by | July 11, 2018 | 08:58

Washington on Wednesday announced it was starting the process to slap 10-per cent tariffs on another $ 200 billion in Chinese export goods as soon as September. President Donald Trump has said he may ultimately impose tariffs on more than $500 billion worth of Chinese goods - roughly the total amount of USA imports from China a year ago.

by | July 09, 2018 | 07:02

Thai authorities and representatives for Elon Musk are discussing the possibility of using resources from Musk's companies to help rescue the boys' soccer team that is trapped in a cave, Bloomberg first reported. "I would never bet against Elon Musk ", Choueiri said. The tubes and pods are being built in the USA, a spokesman said. "There are probably many complexities that are hard to appreciate without being there in person", he added.

by | July 09, 2018 | 06:48

Outside of OPEC , Russia has been eager to churn out more oil , though it could be bound to its partnership in the group's pledge to stabilize the market. "Their companies - their companies will be subject to the same sanctions that everybody else's are if they engage in those sectors of the economy that are sanctionable, where there were sanctions imposed prior to 2015", the unnamed U.S.

by | July 06, 2018 | 04:42

Saudi Arabia's state-run oil giant cut its prices on Thursday for first time since February after President Donald Trump lashed out at OPEC for rising U.S. Oil prices edged up on Wednesday, lifted by a report of declining USA fuel inventories amid the ongoing crude supply outage at Syncrude Canada in Alberta, which usually supplies the United States.

by | July 04, 2018 | 01:06

Plus Prime Rewards Visa card members will receive double the rewards - 10 percent back - July 14 through 17 when shopping Whole Foods . Amazon's Prime Day , which offers sales for members of the company's subscription program, will stretch from noon July 16 to the end of the day July 17.

by | July 04, 2018 | 00:17

And that's before we discuss how they might - or might not - mesh on the court with the former Cavaliers superstar. The win at the end of the 2015-2016 season marked the city of Cleveland's first professional sports title in 52 years. this summer, but on Saturday he announced he had signed a new four-year deal with Oklahoma. "With LeBron officially agreeing to sign with the Lakers, it'll be fascinating to monitor what type of leverage the Spurs can create for Kawhi Leonard , who still ...

by | June 28, 2018 | 17:22

Harley-Davidson should stay 100% in America, with the people that got you your success. Those tariffs came as a result of Trump's decision to impose steep duties on steel and aluminum imports Europe and elsewhere last month. "Their employees and customers are already very angry at them", Trump said on Twitter, without providing any evidence. If they move, watch it, it will be the beginning of the end.

by | June 26, 2018 | 22:22

They do have, though, very strong Immigration Laws. The families in question were first stopped by Customs and Border Patrol (CBP), with children taken into custody by HHS and adults detained through Immigration and Customs Enforcement (Ice).

by | June 26, 2018 | 17:44

These European Union tariffs against specific USA products was meant as retaliation for Trump's imposition of tariffs against steel and aluminum imports from the European Union. "It's a great company", Kinzinger said. "On a full-year basis, the company estimates the aggregate annual impact due to the European Union tariffs to be approximately $90 to $100 million".

by | June 23, 2018 | 17:39

Mark your calendars: after 95 years, Canada's prohibition on recreational cannabis will come to an end on Wednesday, Oct. 17, 2018. Trudeau's Liberal government introduced legislation previous year in a bid to make Canada the second country in the world to legalise cannabis, after Uruguay .

by | June 22, 2018 | 22:42

But on Friday, Saudi Arabia's energy minister Khalid al-Falih persuaded Mr Zanganeh to accept the proposal Riyadh and non-OPEC member Russian Federation had been championing. Ministers have gathered in the Austrian capital to discuss a supply increase that would be equivalent to about 600,000 barrels a day, or 0.5 per cent of global supply.

by | June 22, 2018 | 20:51

Bitcoin's value has slipped once again, following the theft of more than $30 million worth of digital tokens from a cryptocurrency exchange . As at the time of writing this article, the platform hasn't specified the coins taken from the platform.

by | June 22, 2018 | 20:13

Together the trade battles have raised the spectre of a global trade war, spooking financial markets that fear major consequences to the world economy. Lim said: "This is going to escalate, with the United States especially looking at German cars". When the USA imposed the tariffs it said it was doing so as a matter of national security - further angering its closest allies, whose tariffs are now targeting President Trump's base of support - in the steel and aluminum industries, but also ...

by | June 22, 2018 | 18:45

In the amicus brief eBay filed in support of the retailers South Dakota had sued over collecting sales taxes - Wayfair , Overstock and Newegg - the company said overturning Quill would "greatly undermine the growth opportunities available to the hundreds of thousands (if not millions) of independent small businesses that sell online and represent a vital segment of the national economy".

by | June 20, 2018 | 02:55

Mr. Trump said that if China responds to this fresh round of tariffs, then he will move to counter "by pursuing additional tariffs on another $200 billion of goods". "It did not meet the current development trend of the world, harmed the interests of the people and enterprises of China and the United States, and harmed the interests of the people of the world".

by | June 20, 2018 | 02:48

Any further response from Beijing would lead to yet more American tariffs, according to Mr. Trump. Trump said after the legal process is complete, these tariffs worth Dollars 200 billion will go into effect if China refuses to change its practices.

by | June 18, 2018 | 16:49

The company said that it couldn't comment further due to the ongoing investigation, but stressed that "the presumption of innocence remains in place for Mr. Former VW chief executive Martin Winterkorn stepped down soon after the scandal broke in September 2015, while successor Matthias Mueller was hastily replaced earlier this year.

by | June 13, 2018 | 06:36

The purveyor of deliciously greasy circular food is making a savage attack on the sad state of America's roading infrastructure, while also grabbing a few headlines AND getting its name out on the roads by - wait for it - hiring road crews to fix potholes around the country.

by | June 13, 2018 | 06:10

And the company said it plans to close the merger, which was announced a year and a half ago, on or before June 20. At the heart of the DOJ's complaint is an assumption that the merged entity would use its market power to raise the price of content now owned by Time Warner , or threaten to withhold programming, including hit shows such as Game of Thrones and NCAA March Madness.

by | June 11, 2018 | 17:38

The news follows the release of the the first official drive footage of the Taycan last month, which showed the electric sports vehicle being driven at pace by Mark Webber around the brand's Weissach test track. The customers will have different battery pack options. It'll go to 60 miles per hour in under 3.5 seconds and to a top speed of 124 mph in less than twelve seconds.

by | June 10, 2018 | 16:44

That left the vehicle in a so-called "gore area", a triangular region of pavement between highway lanes and an exit ramp. According to the report, "As the Tesla approached the paved gore area dividing the main travel lanes of US-101 from the SH-85 exit ramp, it moved to the left and entered the gore area".

by | June 08, 2018 | 17:10

According to a statement from Microsoft , its first underwater datacenter was to ascertain the possibility of operating a data center at the ocean floor, while the second test is in view of learning if the "concept is logically, environmentally and economically practical ".

by | June 07, 2018 | 16:44

And then they both agreed that they didn't want Mike Pence to become president. Many Barr supporters came out in support of the series, calling the network's action hypocritical after allowing The View talk show host Joy Behar, as well as other hosts, to stay on the air after making negative statements about President Donald Trump .

by | June 07, 2018 | 16:39

What might "happen" is that ZTE will pay a US$1 billion fine, plus $400 million in escrow, an asset held by a third-party, to cover any future violations, according to a Reuters report . In addition to the money it will have to pay, Reuters says ZTE must replace its current board members and executive team within 30 days as part of the agreement, and also allow for unlimited access to its sites to prove that the hardware and software made in the US are being used correctly.