Money

by | October 19, 2018 | 16:45

But Trump's willingness to give the Saudis more time to investigate the matter - at the behest of Secretary of State Mike Pompeo , even as US intelligence agencies and global leaders say Saudi Arabia's crown prince Mohammed bin Salman is behind Khashoggi's October 2 disappearance - complicates the growing crisis with the U.S.'s uneasy ally.

by | October 18, 2018 | 06:34

Saudi Arabia is the India's second-biggest oil supplier behind Iraq and is committed to meet any shortfall that may arise due to sanctions on Iran , he said. A claim by the United States that it aims to reduce Iran's oil exports to zero is a "political bluff", the head of the state-run National Iranian Oil Company was quoted as saying.

by | October 18, 2018 | 06:33

The losses have wiped out all the market's gains in 2018, CNN said. For more than two years, the kingdom has been on an ambitious plan to modernize and diversify its economy away from oil . In an interview aired Sunday, Trump told CBS' " 60 Minutes " that Saudi Arabia would face strong consequences if involved in Khashoggi's disappearance.

by | October 18, 2018 | 06:26

Those who take the cash will receive a one-time lump-sum equal to all the cash in the prize pool - which is $494 million for Friday's drawing. It is the largest jackpot in the game's history and the second largest in the US lottery jackpot history.

by | October 18, 2018 | 06:23

Saudi Arabia is one of Washington's closest allies and the Khashoggi disappearance is putting the administration in an awkward position. "I'm not giving cover at all", Trump told reporters on Wednesday. What makes this different is what may be irrefutable evidence of a horror committed against a USA resident: US intelligence intercepts that the crown prince ordered Khashoggi's interrogation and kidnapping back to Saudi Arabia and Turkish authorities' recordings in the Istanbul ...

by | October 16, 2018 | 19:47

Tuesday. Combined with the Powerball jackpot, which is now at $ 345 million , the jackpots have reached a total of $999 million. Mega Millions last saw a jackpot victor on July 24 when 11 California co-workers shared a cool $543 million - the largest prize ever won on a single Mega Millions ticket.

by | October 15, 2018 | 05:33

The attackers didn't take any information from about 1 million people whose accounts were vulnerable. The attackers had access to a limited number of accounts to begin with, and it's not clear if these were bogus to begin with, but they were connected to other "friends" on the site.

by | October 15, 2018 | 02:15

A group of 11 office workers in San Jose, CA, who made a "spur of the moment" decision to pool together, beat the odds and won July's jackpot of $543 million. The most recent Mega Ball was 18 on Tuesday night. A victor who opted for a cash payout would receive $309 million, minus taxes. Mega Millions announced Friday night that the winning numbers are 4, 24, 46, 61, 70 and the Mega Ball 7.

by | October 13, 2018 | 05:26

The monthly trade imbalance, up 10 per cent from the previous record high of US$31.05 billion in August, showed that US President Donald Trump's tariffs on Chinese products had yet to show their desired effect of narrowing the trade deficit with China.

by | October 12, 2018 | 04:40

But higher interest rates can slow economic growth and erode corporate profits. It was more than $40 five years ago. "The #MAGA theme is unraveling a bit over the past few sessions as two-sided risks have been injected into the USA equity market", Mark McCormick, head of North American FX strategy at TD Securities, wrote in an email.

by | October 09, 2018 | 14:23

You may have spent all weekend anxious that your Facebook account had been hacked. Facebook said in a statement, 'We've heard that some people are seeing posts or messages about accounts being cloned on Facebook. It instructs you to forward the message to all of your friends. "Good Luck", reads a common message spreading across Facebook. Apparently this is a hoax and I am getting SPAMMED with them.

by | October 07, 2018 | 17:40

This email will be delivered to your inbox once a day in the morning. Tesla and Mr. Musk agreed to pay $20-M each to the regulator under the settlement, and Mr. Tesla said in its 3Q vehicle safety report that "we've registered one accident or crash-like event for every 3.34 million miles driven in which drivers had Autopilot engaged".

by | October 05, 2018 | 14:10

In a clear indication that it is not yet done with rate increases, the central bank changed its stance to "calibrated tightening" from "neutral" that was in place since February 2017, Bloomberg reported. The central government and mostly BJP-led states announced a cut in excise and Value-Added Tax rates to reduce fuel prices by 5 per litre. The benchmark Sensex plunged by 527.94 points, or 1.39 per cent, to 35,447.69 in morning deals.

by | October 02, 2018 | 21:00

The rise for London workers will be 28%. "We listened to our critics, thought hard about what we wanted to do, and decided we want to lead", said Amazon chief executive Jeffrey P. The pay hike announced by Amazon Tuesday arrives right as retailers head into their most crucial season ahead of the holidays. With a healthy US economy, Americans looking for work have an increasing number of job options, so Amazon has to find ways to entice people to join its company.

by | October 01, 2018 | 18:08

The appointment of two new Board members, as well as the creation of a committee tasked with "placing additional controls and procedures to oversee" Musk's communications, were warmly received by the Tesla community as well. Even after the stock's slide from last year's peak, Tesla is valued at $45.2 billion in the stock market. In any case, the $40 million, which will be distributed to harmed shareholders after a court-approved process, are but a very small fraction of the more than $7 ...

by | October 01, 2018 | 11:42

Trump announced that the U.S. would impose a 25% tariff on imports of Canadian steel and a 10% tariff on aluminum in June, which in turn prompted Canada to respond with retaliatory tariffs on a slew of U.S. USA business groups oppose turning NAFTA into a bilateral deal because the three nations' economies have become closely intertwined since the original pact came into force in 1994.

by | September 26, 2018 | 19:15

So what's behind the departures? While not particularly revealing, the measurement underscores the growing importance Facebook places on those secondary apps. So what will become of Instagram now? Why are the Instagram founders leaving? Yet Zuckerberg's Facebook has to make sure it doesn't become akin to a swarm of locusts, moving from platform to platform and turning each one to a husk.

by | September 25, 2018 | 07:23

Such a price rally would mark the first time since the summer of 2014 that oil would return to the $100-a-barrel level that became the norm in the early part of this decade. They have reportedly been discussing raising output by half a million barrels a day to counter falling supply from Iran. USA light crude was $1.25 higher at $72.03 on Monday.

by | September 24, 2018 | 00:47

Subsequently, first aid was administered to the passengers who complained of ear pain, bleeding nose etc, a spokesperson of the airline said . Jet Airways authority confirmed the incident in a statement saying that pilots have been suspended following a pending investigation.

by | September 22, 2018 | 14:26

Oil prices on Wednesday pulled back from gains racked up the previous day, pushed down amid a surprise climb in USA crude stockpiles. Iran remains "a very important exporter of oil", said the chief of the Organization of the Petroleum Exporting Countries.

by | September 18, 2018 | 11:34

There is feeling around Westminster and Brussels that a Brexit deal could be within touching distance. The idea was immediately rejected by May, the report said. "Do we really think... that if parliament was to say, "No, go back and get a better one", do we really think the European Union is going to give a better deal at that point?" she said.

by | September 18, 2018 | 10:45

But Trump warned that "if China takes retaliatory action against our farmers or other industries, we will immediately pursue phase three, which is tariffs on approximately $267 billion of additional imports". This addition brings tariffs to about half of all goods imported from China to the U.S. Tariffs increase the cost of goods to U.S. buyers, and lead to higher prices for the same items from domestic producers and imports from countries that have avoided tariffs.

by | September 17, 2018 | 15:16

Time claims a combined audience of more than 100 million readers in print and online, including over 50 million digital visitors. "The power of Time has always been in its unique storytelling of the people & issues that affect us all & connect us all", Benioff wrote.

by | September 17, 2018 | 12:08

Donnybrook supplies Coles and Woolworths stores across Australia. Consumers have been urged to chop up or throw out berries purchased in the past week as police seek a culprit. We are working closely with authorities as they investigate this matter. Back in New Zealand, Foodstuff external relations manager Sue Hamilton says ahead of the New Zealand strawberry season kicking off, New World, PaK'n'Save and Four Square stores are stocking some Australian strawberries.

by | September 14, 2018 | 20:40

But there remain obstacles to reaching a deal, which both US President Donald Trump and Canadian Prime Minister Justin Trudeau said they were prepared to walk away from. counterpart. No word yet on when she might return to Washington to continue NAFTA talks. They are aiming to complete a deal by the end of the month so that Mexico, Canada and the United States can sign an agreement by the end of November.

by | September 14, 2018 | 19:48

Previous to the creation of the Day One Fund, Bezos and his family had donated only $135 million to charities, including the Fred Hutchinson Cancer Research Center, a nonprofit providing scholarships for the children of parents who immigrated the US illegally and most recently to a bi-partisan organization that gives campaign support to veterans running for political office.

by | September 11, 2018 | 12:23

In a span of one week, prices of petrol and diesel have gone up by Rs 1.65 a litre and Rs 1.92 a litre, respectively. The percentage increase was 20.5. Nearly half of the retail selling price of the two fuels is made up of Central and State taxes. BS Photo by Kamlesh Pednekar Hike in petrol price on the day oppn parties protesting shows govt's insensitivity: Akhilesh Samajwadi Party supremo Akhilesh Yadav said hike in prices of petroleum products on the day opposition parties staged " Bharat ...

by | September 10, 2018 | 16:57

In the announcement, which coincided with his 54th birthday, the Chinese business magnate noted that his 46yo successor Zhang has been with the company for 11 years and has demonstrated " superb talent, business acumen and determined leadership ".

by | September 10, 2018 | 16:57

In a Friday morning SEC filing , Tesla revealed that Chief Accounting Officer Dave Morton is resigning less than a month after taking the job, citing the company's fast pace and "the level of public attention" on the company. "I can not answer questions about potential future products". Elon Musk , CEO of Tesla Motors Inc., unveils the companyís newest products, Powerwall and Powerpack in Hawthorne, Calif., Thursday, April 30, 2015.

by | September 10, 2018 | 13:00

It said no passport or travel details were compromised. He said the attackers had not broken the airline's encryption but did not explain exactly how they had obtained the customer information. The airline said it would manage any claims on an individual basis. "We discovered that something had happened, and immediately we began to work", he said.

by | September 08, 2018 | 22:42

He wrote: "Start building new plants now. Exciting!" Trump said in the tweet. There was no immediate reaction to Trump's comments from the Chinese government, and the threat of more tariffs had not been reported by mainstream state-owned Chinese media as of Saturday evening.

by | September 08, 2018 | 19:11

The Times story was taken out of context and is factually wrong, the report quoted the spokesman as saying. Ma, who worked as an English teacher before founding Alibaba, also told Bloomberg: "I think some day, and soon, I'll go back to teaching".

by | September 07, 2018 | 17:12

Trump and saying ... we haven't delivered a one-sided crushing defeat for Canada , what we've got is an agreement that is good for all parties", says Gordon Ritchie, a former Canadian ambassador for trade negotiations. "No NAFTA is better than a bad NAFTA deal for Canadians and that's what we are going to stay with". Trump could face resistance from Congress, which is unlikely to back any deal that doesn't include all three NAFTA partners.

by | September 05, 2018 | 15:41

Massachusetts' last Democratic primary upset came in 2014, when Seth Moulton defeated Rep. John Tierney in the state's 6th Congressional District. Pressley is poised to become the state's first black woman in Congress. Pressley will vie for a seat in the House of Representatives after a career in Boston's City Council. As FiveThirtyEight reports , a MA candidate has followed in the footsteps of the young Ocasio-Cortez with a surprising upset against a mainstream Democrat challenger on ...

by | September 04, 2018 | 17:25

Expressing his views on Twitter, he wrote, " Petrol , diesel and gas prices are rising and are hitting all-time highs daily". Meanwhile, Dharmendra Pradhan last week blamed the "isolated" policies of the U.S. sanctions on Iran will likely contract supplies. OPEC (Organisation of the Petroleum Exporting Countries) had promised that it will raise production by one million barrels per day, which was not raised.

by | September 03, 2018 | 21:28

The action plan focuses on issues of political, economic, cultural, media and global cooperation among a host of others between China and Africa. "We respect, love and support Africa", he said, adding that China would never interfere with the African people's chosen developmental path or its internal affairs, including through imposing its will.

by | September 03, 2018 | 20:42

Talks on renegotiating the NAFTA began in August 2017 as Trump threatened to withdraw from the trilateral trade deal, which he claimed harmed US industries and jobs. They have tremendous trade barriers and they have tremendous tariffs. Another key issue is US tariffs on steel and aluminum imports, though it's unclear whether relief from those will be included.

by | September 02, 2018 | 09:31

In May the government of Justin Trudeau agreed to buy the pipeline from Kinder Morgan Canada Limited for nearly $US3.5 billion ($NZ5.2b), betting it would win the court battle and expand Trans Mountain despite fierce political and environmental opposition.

by | September 02, 2018 | 03:42

It would reinstate protections that are similar to those that were rescinded nationally by the Federal Communications Commission (FCC ) previous year. "The internet must be governed by a single, uniform and consistent national policy framework, not state-by-state piecemeal approaches". The bill still needs Governor Jerry Brown's signature to become law, however.

by | August 30, 2018 | 17:29

The RBI , after an awfully long period of counting of returned bank notes, said today that as much as 99.3% of the junked notes have returned to the banking system. Remember who had said that Rs 3 lakh crore will not come back and that will be a gain for the government? "The entire trade sector functions on cash, a sizeable portion of which is black money".

by | August 28, 2018 | 18:08

In a blog post late Friday , Musk said most of Tesla's shareholders expressed the belief that the company was better off staying public . A Tesla spokesman declined to comment. Well, turns out that deal was not exactly done, the funding far from secured. In a long report about the Tesla board's deliberations over taking the company private, the Journal revealed that investment advisors from Goldman Sachs and Silver Lake had lined up $30 billion of financing for the privatization deal.

by | August 27, 2018 | 23:04

Calling the deal "very good" for U.S. farmers and manufacturers, Mr Trump said Mexico has agreed to purchase "as much farm product as possible" immediately. He also said he would "be terminating the existing [NAFTA] deal very soon " because NAFTA has "a lot of bad connotations" and has been a "bad deal" for the United States.

by | August 26, 2018 | 20:49

The West Texas Intermediate (WTI) for October delivery price increased by 2.02 US dollars, or 3.07 percent, to settle at 67.86 dollars a barrel on the New York Mercantile Exchange, while Brent crude for October delivery increased by 2.15 dollars, or 2.96 percent, to settle at 74.78 dollars a barrel on the London ICE Futures Exchange.

by | August 24, 2018 | 07:40

The trade war between Beijing and Washington started in July with each side imposing 25 per cent tariffs on Dollars 34 billion of each other's exports. Previous negotiations failed to produce any lasting deals, and President Donald Trump has suggested the current talks may not be much different. China so far has retaliated in kind, hitting American agricultural goods and autos in July, along with new taxes on more than 300 United States products Thursday.

by | August 24, 2018 | 07:16

Investors will study them to see whether policymakers discussed issues such as trade policy and the shape of the US yield curve, which has come close to inverting. "If you look at the transmission from economic growth to earnings growth to shareholder returns, it's strongest in the United States, it's OK in Europe and pretty weak in EM", said Kilmurray, who has been underweight emerging markets for five years.

by | August 24, 2018 | 06:29

Turnbull said as soon as the names were confirmed, a meeting to decide the leadership would be called. Even those in Mr Dutton's camp were unwilling to say they had enough votes to force the spill and the Prime Minister has not yet received the letter, which still remains unsighted.

by | August 24, 2018 | 05:27

Cohen does lose his law license upon conviction , which technically does not occur until sentencing". 'I participated in this conduct with the goal of influencing the election, ' a visibly crestfallen Cohen told the judge - an admission that puts Trump himself in legal jeopardy.

by | August 19, 2018 | 21:10

Securities and Exchange Commission to study the impact of allowing companies to file reports with the financial regulator every six months instead of every quarter. Some corporate leaders and trade groups have vented about public companies' focus on short-term earnings and revenue goals, arguing that it can prevent firms from growing their businesses and creating jobs.

by | August 17, 2018 | 22:40

Brunson has now found himself in the middle of a diplomatic spat between the two countries, with US President Donald Trump authorizing new tariffs on steel an aluminium last week to put pressure on Ankara . Yet, the crisis that we face in American-Turkish relations goes well beyond the plight of the pastor. Whatever action the United States does take, economists said it looked likely to cause more pain for Turkish assets in the immediate future.

by | August 17, 2018 | 17:58

Turkey retaliated with some $533 million of tariffs on some U.S. imports - including cars, tobacco and alcoholic drinks - and said it would boycott USA electronic goods, singling out Iphones . USA officials maintain there is no credible evidence against Brunson, and the Trump administration has negotiated for weeks to secure his release. He also urged Brunson to serve as a "great patriot hostage" while he is jailed and criticized Turkey for "holding our wonderful Christian Pastor".