Money
White House Official 'unaware' of Trump's Plans to Exit WTO
- July 02, 2018
The Axios news website reported on Friday that Trump has frequently told advisers that the U.S. is always being deceived by the WTO , and that he doesn't know why his country is a member. But the president has not managed to convince White House officials , who, according to Axios have yet to put in place a policy process that would allow Trump to move forward with such a threat. (more...)
- July 02, 2018
The Axios news website reported on Friday that Trump has frequently told advisers that the U.S. is always being deceived by the WTO , and that he doesn't know why his country is a member. But the president has not managed to convince White House officials , who, according to Axios have yet to put in place a policy process that would allow Trump to move forward with such a threat. (more...)
U.S. import tariffs could risk jobs: General Motors
- July 02, 2018
Friday, June 29, 2018 is the deadline for public comments on Trump's call for a Commerce investigation into whether auto imports pose enough of a threat to USA national security to justify tariffs. The company noted that Trump has repeatedly praised the Japanese automaker for investing in the United States, including a new US$1.3 billion joint venture assembly plant in Alabama with Mazda . (more...)
- July 02, 2018
Friday, June 29, 2018 is the deadline for public comments on Trump's call for a Commerce investigation into whether auto imports pose enough of a threat to USA national security to justify tariffs. The company noted that Trump has repeatedly praised the Japanese automaker for investing in the United States, including a new US$1.3 billion joint venture assembly plant in Alabama with Mazda . (more...)
Iran urges OPEC to adhere to production quota
- July 02, 2018
The Iranian warning, in a letter to the United Arab Emirates' energy minister, comes as Tehran faces a US push to get its allies to stop buying its oil as part of Trump's decision to pull America from the nuclear deal with world powers. But a flurry of U.S. announcements over the weekend unsettled oil markets. "They're begging the Saudis to raise their output so that if Iran's quota decreases nothing will happen to the markets", said Jahangiri. (more...)
- July 02, 2018
The Iranian warning, in a letter to the United Arab Emirates' energy minister, comes as Tehran faces a US push to get its allies to stop buying its oil as part of Trump's decision to pull America from the nuclear deal with world powers. But a flurry of U.S. announcements over the weekend unsettled oil markets. "They're begging the Saudis to raise their output so that if Iran's quota decreases nothing will happen to the markets", said Jahangiri. (more...)
Tesla has met its Model 3 production goals
- July 02, 2018
Tesla has registered 6,160 new Model 3 VINs, amid the company's continued production ramp for the compact electric vehicle. Model 3 Dual Motor All Wheel Drive and Model 3 Dual Motor All Wheel Drive Performance cars will also be available in our stores shortly. (more...)
- July 02, 2018
Tesla has registered 6,160 new Model 3 VINs, amid the company's continued production ramp for the compact electric vehicle. Model 3 Dual Motor All Wheel Drive and Model 3 Dual Motor All Wheel Drive Performance cars will also be available in our stores shortly. (more...)
Southgate glad England love-in is over ahead of World Cup last 16
- July 02, 2018
He later featured in a pizza commercial that mocked his miss along with Stuart Pearce and Chris Waddle, who missed penalties in the 1990 World Cup semi-final shootout loss to West Germany. Needless to say, England supporters and football fans in general have taken to Twitter to slate Merson for his over-confidence and his dismissiveness of the Colombians. (more...)
- July 02, 2018
He later featured in a pizza commercial that mocked his miss along with Stuart Pearce and Chris Waddle, who missed penalties in the 1990 World Cup semi-final shootout loss to West Germany. Needless to say, England supporters and football fans in general have taken to Twitter to slate Merson for his over-confidence and his dismissiveness of the Colombians. (more...)
Overboard Missing Cruise Employee Found 21 Miles North Of Cuba
- July 02, 2018
He was listed in stable condition, according to the U.S. Coast Guard. It's not clear if that was the time the crew member went overboard , or just the time the coast guard was notified. "One of the things that the Coast Guard could never calculate when it comes to in search and rescue is the person's will to live", said Lally. "Kudos to the Carnival Glory team". (more...)
- July 02, 2018
He was listed in stable condition, according to the U.S. Coast Guard. It's not clear if that was the time the crew member went overboard , or just the time the coast guard was notified. "One of the things that the Coast Guard could never calculate when it comes to in search and rescue is the person's will to live", said Lally. "Kudos to the Carnival Glory team". (more...)
Trump claims Saudi Arabia will boost oil production | AP business
- July 02, 2018
President Donald Trump said on Saturday that he had received assurances from King Salman of Saudi Arabia that the kingdom will increase oil production, "maybe up to 2,000,000 barrels" in response to turmoil in Iran and Venezuela . Khalid Al Falih, Saudi Arabia's energy minister, stated that the new agreement implies an output increase of one million barrels per day, while other OPEC members indicated an increase of 500,000 to 800,000 bpd. (more...)
- July 02, 2018
President Donald Trump said on Saturday that he had received assurances from King Salman of Saudi Arabia that the kingdom will increase oil production, "maybe up to 2,000,000 barrels" in response to turmoil in Iran and Venezuela . Khalid Al Falih, Saudi Arabia's energy minister, stated that the new agreement implies an output increase of one million barrels per day, while other OPEC members indicated an increase of 500,000 to 800,000 bpd. (more...)
Amazon seeks entrepreneurs for delivery service
- July 02, 2018
Amazon .com, which past year shipped more than 5 billion packages through its Prime program, is asking small business-owners to help deliver its goods. Olaoluwa Abimbola, who was part of Amazon's test of the programme, said that the amount of packages Amazon needs delivered keeps his business busy. (more...)
- July 02, 2018
Amazon .com, which past year shipped more than 5 billion packages through its Prime program, is asking small business-owners to help deliver its goods. Olaoluwa Abimbola, who was part of Amazon's test of the programme, said that the amount of packages Amazon needs delivered keeps his business busy. (more...)
Minnesota Approves Enbridge Route for New Line 3
- July 01, 2018
That process and further proceedings before the Public Utilities Commission could take until October, he said. Commissioners said if the Fond du Lac don't agree, they'll shift the route. Despite Minnesota's decision, pipeline resisters say they'll keep fighting. "This is a crucial piece of infrastructure to help debottleneck Enbridge's existing egress capacity out of Western Canada and should allow for heavy oil differentials to tighten in 2020", agreed analyst Ian Gillies of GMP ... (more...)
- July 01, 2018
That process and further proceedings before the Public Utilities Commission could take until October, he said. Commissioners said if the Fond du Lac don't agree, they'll shift the route. Despite Minnesota's decision, pipeline resisters say they'll keep fighting. "This is a crucial piece of infrastructure to help debottleneck Enbridge's existing egress capacity out of Western Canada and should allow for heavy oil differentials to tighten in 2020", agreed analyst Ian Gillies of GMP ... (more...)
Millions of US Adidas customers being alerted of data breach
- July 01, 2018
The company revealed that no credit card information or fitness data collected from the company's fitness apps or smart devices were stolen. This week, Adidas became the latest company to suffer a large-scale data breach , joining more than a dozen other corporations with the same problem in the past year and a half. (more...)
- July 01, 2018
The company revealed that no credit card information or fitness data collected from the company's fitness apps or smart devices were stolen. This week, Adidas became the latest company to suffer a large-scale data breach , joining more than a dozen other corporations with the same problem in the past year and a half. (more...)
Trump asks Saudi Arabia to increase oil production
- July 01, 2018
Trump tweeted that after the two men had a phone conversation Friday King Salman had "agreed" to increase oil production, "maybe up to 2,000,000 barrels". Saudi Arabia's pledge followed a meeting earlier this month in Vienna of OPEC members, Russian Federation and other oil producing countries. The Trump administration is pushing countries to cut all imports of Iranian oil from November when the United States re-imposes sanctions against Tehran, after Trump withdrew from a 2015 nuclear deal ... (more...)
- July 01, 2018
Trump tweeted that after the two men had a phone conversation Friday King Salman had "agreed" to increase oil production, "maybe up to 2,000,000 barrels". Saudi Arabia's pledge followed a meeting earlier this month in Vienna of OPEC members, Russian Federation and other oil producing countries. The Trump administration is pushing countries to cut all imports of Iranian oil from November when the United States re-imposes sanctions against Tehran, after Trump withdrew from a 2015 nuclear deal ... (more...)
No Waiver On Iran Business, US Tells India
- July 01, 2018
U.S. West Texas Intermediate and international-benchmark Brent crude oil futures are trading a little lower early Thursday amid concerns that the current rally may be overdone given the current supply and demand situation. Members of the Organization of the Petroleum Exporting Countries agreed over the weekend to boost oil production by about 600,000 barrels a day. The increase was announced after a meeting of the group's ministers in Vienna. (more...)
- July 01, 2018
U.S. West Texas Intermediate and international-benchmark Brent crude oil futures are trading a little lower early Thursday amid concerns that the current rally may be overdone given the current supply and demand situation. Members of the Organization of the Petroleum Exporting Countries agreed over the weekend to boost oil production by about 600,000 barrels a day. The increase was announced after a meeting of the group's ministers in Vienna. (more...)
Oil prices rise amid output uncertainty and despite OPEC hike agreement
- June 30, 2018
This is because output was cut sharply in such countries as Venezuela , where the political situation has been volatile. The Saudis have been under growing pressure from Trump to pump more oil ahead of the USA midterm elections in November, and to lower prices which have threatened to undo the economic boost from Trump's tax cuts. (more...)
- June 30, 2018
This is because output was cut sharply in such countries as Venezuela , where the political situation has been volatile. The Saudis have been under growing pressure from Trump to pump more oil ahead of the USA midterm elections in November, and to lower prices which have threatened to undo the economic boost from Trump's tax cuts. (more...)
US, Canada trade war?
- June 30, 2018
America's largest carmaker has added its voice to the chorus of companies and countries criticising proposed USA tariffs on foreign cars and auto parts. In 2017, Canada imported $4.3 billion in steel and $7.2 billion in aluminum to the United States. They will add 25 percent to the cost of imported United States steel and 10 percent to aluminum imports. (more...)
- June 30, 2018
America's largest carmaker has added its voice to the chorus of companies and countries criticising proposed USA tariffs on foreign cars and auto parts. In 2017, Canada imported $4.3 billion in steel and $7.2 billion in aluminum to the United States. They will add 25 percent to the cost of imported United States steel and 10 percent to aluminum imports. (more...)
Oil jumps as market anticipates US sanctions on Iran
- June 30, 2018
Trump tweeted: "Just spoke to King Salman of Saudi Arabia and explained to him that, because of the turmoil & disfunction in Iran and Venezuela, I am asking that Saudi Arabia increase oil production, maybe up to 2,000,000 barrels, to make up the difference". (more...)
- June 30, 2018
Trump tweeted: "Just spoke to King Salman of Saudi Arabia and explained to him that, because of the turmoil & disfunction in Iran and Venezuela, I am asking that Saudi Arabia increase oil production, maybe up to 2,000,000 barrels, to make up the difference". (more...)
A final good-bye: Toys R Us closes its doors forever
- June 30, 2018
Toys R Us, which also owned Babies R Us, collapsed in February after they were unable to pay a £15million tax bill. The campaign for severance continued until the end, with employees expressing their views in varying ways while working final shifts at some 700 stores across the country. (more...)
- June 30, 2018
Toys R Us, which also owned Babies R Us, collapsed in February after they were unable to pay a £15million tax bill. The campaign for severance continued until the end, with employees expressing their views in varying ways while working final shifts at some 700 stores across the country. (more...)
GM warns against potential auto tariffs
- June 30, 2018
GM, which makes some vehicles for the USA market in Mexico and Canada, said the tariffs could hike vehicle prices and reduce sales. The Trump administration launched an investigation into whether imported vehicles posed a national security threat in May, and Trump has repeatedly threatened to quickly impose a 20% import tariff on vehicles. (more...)
- June 30, 2018
GM, which makes some vehicles for the USA market in Mexico and Canada, said the tariffs could hike vehicle prices and reduce sales. The Trump administration launched an investigation into whether imported vehicles posed a national security threat in May, and Trump has repeatedly threatened to quickly impose a 20% import tariff on vehicles. (more...)
Chevy Volt gets double the Level 2 charging speed, some other niceties
- June 29, 2018
This will be especially useful at public charging stations paid by the hour. New driver-switchable Adaptive Cruise Control allows the choice of conventional cruise control or adaptive cruise control. With a full charge, the Volt will still do a claimed 85km on pure-electric power, or 675km utilising both the petrol range extender and electric power. (more...)
- June 29, 2018
This will be especially useful at public charging stations paid by the hour. New driver-switchable Adaptive Cruise Control allows the choice of conventional cruise control or adaptive cruise control. With a full charge, the Volt will still do a claimed 85km on pure-electric power, or 675km utilising both the petrol range extender and electric power. (more...)
Australia, NZ central banks shun 'volatile' digital currencies
- June 29, 2018
RBA head of payments policy Tony Richards, who has owned "a small amount of bitcoin " since 2014, says digital currencies outside the control of traditional institutions could have practical applications - but probably not in Australia . (more...)
- June 29, 2018
RBA head of payments policy Tony Richards, who has owned "a small amount of bitcoin " since 2014, says digital currencies outside the control of traditional institutions could have practical applications - but probably not in Australia . (more...)
Coca-Cola production affected by Carbon dioxide shortage
- June 29, 2018
A pint of beer is poured into a glass in a bar in London , Britain June 27, 2018. The CO2 shortage is also affecting producers of meat and frozen foods, which could put a chill on summer barbecues. Online grocer Ocado said that the gas shortage is "limiting its ability" to deliver frozen food as they have a shortage of dry ice. Rival Linde in Germany said it was trying to keep up with customers' demands by shifting European supply logistics. (more...)
- June 29, 2018
A pint of beer is poured into a glass in a bar in London , Britain June 27, 2018. The CO2 shortage is also affecting producers of meat and frozen foods, which could put a chill on summer barbecues. Online grocer Ocado said that the gas shortage is "limiting its ability" to deliver frozen food as they have a shortage of dry ice. Rival Linde in Germany said it was trying to keep up with customers' demands by shifting European supply logistics. (more...)
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Annual core CPI in August rose to 2.4% vs. 2.3% expected