Money
UAE- Gold prices gain on rate-cut hopes: 10 things to know
- July 27, 2019
Silver ready jumped by ₹350 to ₹42,300 per kg and weekly-based delivery was up by ₹511 to ₹41,546 per kg. On Tuesday, gold prices declined by Rs 250 to Rs 35,720 per 10 gram. The US Fed is also widely expected to cut its overnight benchmark lending rate. "The underlying driver for gold is that we are experiencing global growth worries, and expectations of interest rate cuts have lured people back into the safe haven markets". (more...)
- July 27, 2019
Silver ready jumped by ₹350 to ₹42,300 per kg and weekly-based delivery was up by ₹511 to ₹41,546 per kg. On Tuesday, gold prices declined by Rs 250 to Rs 35,720 per 10 gram. The US Fed is also widely expected to cut its overnight benchmark lending rate. "The underlying driver for gold is that we are experiencing global growth worries, and expectations of interest rate cuts have lured people back into the safe haven markets". (more...)
North Korea could 'jeopardise talks' after missile tests
- July 27, 2019
Some U.S. officials say North Korea's complaints about the exercises are part of a familiar strategy to wring concessions out of the United States ahead of talks. South Korean Defence Ministry spokeswoman Choi Hyunsoo urged Pyongyang to stop acts that are "not helpful to efforts to ease military tensions on the Korean Peninsula". (more...)
- July 27, 2019
Some U.S. officials say North Korea's complaints about the exercises are part of a familiar strategy to wring concessions out of the United States ahead of talks. South Korean Defence Ministry spokeswoman Choi Hyunsoo urged Pyongyang to stop acts that are "not helpful to efforts to ease military tensions on the Korean Peninsula". (more...)
Southwest ekes out profit as bookings offset MAX groundings; Newark operations ceased
- July 27, 2019
The company's CEO says it might slow or halt production of its 737 Max jetliner if regulators don't approve its return to service by the end of the year. Southwest Airlines Co., the biggest operator of the Boeing Co. Southwest Airlines Boeing 737 Max aircraft sit parked on the tarmac of Southern California Logistics Airport earlier this month. (more...)
- July 27, 2019
The company's CEO says it might slow or halt production of its 737 Max jetliner if regulators don't approve its return to service by the end of the year. Southwest Airlines Co., the biggest operator of the Boeing Co. Southwest Airlines Boeing 737 Max aircraft sit parked on the tarmac of Southern California Logistics Airport earlier this month. (more...)
GDP growth slows in second quarter, missing Trump's 3 percent target
- July 27, 2019
GDP growth decelerated in the second quarter, but not as dramatically as was predicted by analysts concerned about the effects of tariffs and a global economic slowdown, the Commerce Department reported Friday . The American economy slowed sharply in the second quarter, but is still expanding at a solid pace. The middling result was propelled by a strong increase in consumer spending and government spending, which rebounded after the government shutdown in January. (more...)
- July 27, 2019
GDP growth decelerated in the second quarter, but not as dramatically as was predicted by analysts concerned about the effects of tariffs and a global economic slowdown, the Commerce Department reported Friday . The American economy slowed sharply in the second quarter, but is still expanding at a solid pace. The middling result was propelled by a strong increase in consumer spending and government spending, which rebounded after the government shutdown in January. (more...)
'Might' Tariff French Wine as Digital Tax Reprisal
- July 27, 2019
The digital tax primarily targets companies that use consumer data to sell online advertising. "I appropriate love the vogue they leer". US companies spoke out against the tax. France had pushed for a European Union-wide digital levy that was scrapped when four countries - Sweden, Finland, Denmark and Ireland - declined to sign off on it. (more...)
- July 27, 2019
The digital tax primarily targets companies that use consumer data to sell online advertising. "I appropriate love the vogue they leer". US companies spoke out against the tax. France had pushed for a European Union-wide digital levy that was scrapped when four countries - Sweden, Finland, Denmark and Ireland - declined to sign off on it. (more...)
Apple's new Mac Pro won't benefit from tariff waivers, says Donald Trump
- July 27, 2019
It also said the component "is not strategically important or related to "Made in China 2025" or other Chinese industrial programs". Apple manufactured the 2013 Mac Pro at a factory in Texas, but production was reportedly hard due to the lack of infrastructure. (more...)
- July 27, 2019
It also said the component "is not strategically important or related to "Made in China 2025" or other Chinese industrial programs". Apple manufactured the 2013 Mac Pro at a factory in Texas, but production was reportedly hard due to the lack of infrastructure. (more...)
Amazon big spending dents profit, trims forecast
- July 27, 2019
A year of record profit came to an end for Amazon although the company said the net sales increased 20 per cent to $63.4 billion in the second quarter, compared with $52.9 billion in second quarter of 2018. O'Shea said the shift to one-day delivery for many Prime items "is an example of short-term pain for long-term gain, and is a necessary strategy to compete with brick-and-mortar's speed advantage to the customer". (more...)
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- July 27, 2019
A year of record profit came to an end for Amazon although the company said the net sales increased 20 per cent to $63.4 billion in the second quarter, compared with $52.9 billion in second quarter of 2018. O'Shea said the shift to one-day delivery for many Prime items "is an example of short-term pain for long-term gain, and is a necessary strategy to compete with brick-and-mortar's speed advantage to the customer". (more...)
Nissan to axe 12,500 jobs worldwide but Sunderland appears safe
- July 27, 2019
On top of stagnant sales, the company has also faced tensions with its French partner Renault , which owns 43 percent of the Japanese manufacturer. The auto company announced job cuts of 4,800 back in May as it seeks to reduce production capacity by ten per cent by the end of 2022. (more...)
- July 27, 2019
On top of stagnant sales, the company has also faced tensions with its French partner Renault , which owns 43 percent of the Japanese manufacturer. The auto company announced job cuts of 4,800 back in May as it seeks to reduce production capacity by ten per cent by the end of 2022. (more...)
Dunkin' to add Beyond Meat sausages in breakfast sandwiches
- July 26, 2019
New Yorkers could find the sandwich at Manhattan locations beginning Wednesday, and there are plans for a future national rollout. The sandwich is made with an English muffin, egg, American cheese, an plant-based Beyond Breakfast Sausage . (more...)
- July 26, 2019
New Yorkers could find the sandwich at Manhattan locations beginning Wednesday, and there are plans for a future national rollout. The sandwich is made with an English muffin, egg, American cheese, an plant-based Beyond Breakfast Sausage . (more...)
Libra Draws Impostors, A Dozen Fake Libra Vendors Now Float Online
- July 24, 2019
A number of Libra-themed deceptive accounts were removed from the Facebook platform after the California-based company was alerted by the Post , according to the publication. Many countries gave opposition towards Libra in relation to Facebook's inability to handle data and privacy issues. Members of the Senate Banking Committee have already gotten wind of the fraudulent activity. (more...)
- July 24, 2019
A number of Libra-themed deceptive accounts were removed from the Facebook platform after the California-based company was alerted by the Post , according to the publication. Many countries gave opposition towards Libra in relation to Facebook's inability to handle data and privacy issues. Members of the Senate Banking Committee have already gotten wind of the fraudulent activity. (more...)
Harley lowers profit margin outlook as slump spreads to Europe
- July 24, 2019
But operating income fell 26 per cent in the quarter as the impact of tariffs eroded profits. US sales are forecast to be down in the second half of the year. During the second quarter, Harley-Davidson made further progress on its More Roads plan, most notably announcing a collaboration that joins Harley-Davidson's global motorcycle leadership with the capabilities of Qianjiang Motorcycle Company Limited to launch a smaller, more accessible Harley-Davidson motorcycle planned for China in ... (more...)
- July 24, 2019
But operating income fell 26 per cent in the quarter as the impact of tariffs eroded profits. US sales are forecast to be down in the second half of the year. During the second quarter, Harley-Davidson made further progress on its More Roads plan, most notably announcing a collaboration that joins Harley-Davidson's global motorcycle leadership with the capabilities of Qianjiang Motorcycle Company Limited to launch a smaller, more accessible Harley-Davidson motorcycle planned for China in ... (more...)
Facebook CEO Mark Zuckerberg required to certify compliance in FTC settlement
- July 24, 2019
The new effort is led by Makan Delrahim , the DOJ's assistant attorney general for antitrust , who raised concerns in a statement Tuesday that "digital platforms may act in ways that are not responsive to consumer demands". The Justice Department did not name specific companies in its announcement. Facebook could not immediately be reached to comment. President Trump has repeatedly swiped at Silicon Valley in recent months, at one point last month threatening unspecified lawsuits ... (more...)
- July 24, 2019
The new effort is led by Makan Delrahim , the DOJ's assistant attorney general for antitrust , who raised concerns in a statement Tuesday that "digital platforms may act in ways that are not responsive to consumer demands". The Justice Department did not name specific companies in its announcement. Facebook could not immediately be reached to comment. President Trump has repeatedly swiped at Silicon Valley in recent months, at one point last month threatening unspecified lawsuits ... (more...)
Boeing reports largest ever quarterly loss following 737 Max grounding
- July 24, 2019
The company has cut production of its flagship single-aisle aircraft and it booked a charge of almost $5 billion in the quarter in the wake of the worldwide grounding following fatal crashes in Ethiopia and Indonesia. The 777-9, the larger of two new jets in the 777 family - was initially scheduled for first flight in the fourth quarter of 2018 with delivery to the first customer in the second quarter of 2020, according to a Boeing certification plan seen by Reuters. (more...)
- July 24, 2019
The company has cut production of its flagship single-aisle aircraft and it booked a charge of almost $5 billion in the quarter in the wake of the worldwide grounding following fatal crashes in Ethiopia and Indonesia. The 777-9, the larger of two new jets in the 777 family - was initially scheduled for first flight in the fourth quarter of 2018 with delivery to the first customer in the second quarter of 2020, according to a Boeing certification plan seen by Reuters. (more...)
Huawei's U.S. research arm slashes jobs as trade ban bites
- July 24, 2019
The corporate sourced $11 billion in items from USA corporations previous year out of a $70 billion global procurement budget for components and parts. "Now we can not make further investment because we are not allowed to engage with Futurewei employees. This depends on the US government's direction". (more...)
- July 24, 2019
The corporate sourced $11 billion in items from USA corporations previous year out of a $70 billion global procurement budget for components and parts. "Now we can not make further investment because we are not allowed to engage with Futurewei employees. This depends on the US government's direction". (more...)
Orange Vanilla and New Coke are giving Coca-Cola a boost
- July 24, 2019
The company plans to launch the beverages in other markets this year. Click to get this free report Kimberly-Clark Corporation (KMB): Free Stock Analysis Report Lockheed Martin Corporation (LMT): Free Stock Analysis Report Coca-Cola Company (The) (KO): Free Stock Analysis Report United Technologies Corporation (UTX): Free Stock Analysis Report The Travelers Companies , Inc. (more...)
- July 24, 2019
The company plans to launch the beverages in other markets this year. Click to get this free report Kimberly-Clark Corporation (KMB): Free Stock Analysis Report Lockheed Martin Corporation (LMT): Free Stock Analysis Report Coca-Cola Company (The) (KO): Free Stock Analysis Report United Technologies Corporation (UTX): Free Stock Analysis Report The Travelers Companies , Inc. (more...)
Microsoft Announces Massive $1 Billion Investment in OpenAI
- July 23, 2019
More broadly, though, the press release indicates that the two companies carry a shared vision around Artificial General Intelligence (AGI ), the kind of human-like AI you see in movies and TV shows, capable of actual learning and understanding. (more...)
- July 23, 2019
More broadly, though, the press release indicates that the two companies carry a shared vision around Artificial General Intelligence (AGI ), the kind of human-like AI you see in movies and TV shows, capable of actual learning and understanding. (more...)
Supertruck? Electric Ford F-150 debuts by towing a train
- July 23, 2019
Ford has posted a video highlighting the torque of its all-electric F-150 prototype. Thanks to a new video from Ford , we have two bits of information about the upcoming electric F-150 : It is indeed a pickup truck, and it can indeed tow quite a bit of stuff. (more...)
- July 23, 2019
Ford has posted a video highlighting the torque of its all-electric F-150 prototype. Thanks to a new video from Ford , we have two bits of information about the upcoming electric F-150 : It is indeed a pickup truck, and it can indeed tow quite a bit of stuff. (more...)
Macy's Pulls 'Mom Jeans' Plates After Tweet
- July 23, 2019
Others on Twitter were apparently annoyed by Macy's decision to pull these products, saying it shouldn't "bow down to people with no sense of humour". As the " Pourtions " company celebrated their newfound moment in the spotlight on Instagram , Ward took to Twitter with her complaint . "So, keep your eye on the middle circle and you'll always be in fashion". (more...)
- July 23, 2019
Others on Twitter were apparently annoyed by Macy's decision to pull these products, saying it shouldn't "bow down to people with no sense of humour". As the " Pourtions " company celebrated their newfound moment in the spotlight on Instagram , Ward took to Twitter with her complaint . "So, keep your eye on the middle circle and you'll always be in fashion". (more...)
Facelifted 2020 Audi SQ7 TDI gains fresh design and upgraded interior
- July 23, 2019
Peak torque is thus on offer from as low as 1 250 r/min through to 3 250 r/min, while the sprint from zero to 100 km/h takes a claimed 4,8 seconds (with top speed electronically limited to 250 km/h). The suspension includes electromechanical active roll stabilisation to improve ride and stability over bumps and corners. In terms of exterior styling, the updated SQ7 is set apart from standard models by twin slats in its grille, aluminium-look side-mirror caps and four chrome-tipped tailpipes. (more...)
- July 23, 2019
Peak torque is thus on offer from as low as 1 250 r/min through to 3 250 r/min, while the sprint from zero to 100 km/h takes a claimed 4,8 seconds (with top speed electronically limited to 250 km/h). The suspension includes electromechanical active roll stabilisation to improve ride and stability over bumps and corners. In terms of exterior styling, the updated SQ7 is set apart from standard models by twin slats in its grille, aluminium-look side-mirror caps and four chrome-tipped tailpipes. (more...)
UK threatens Iran with larger military presence by West in Gulf
- July 23, 2019
He also said he would discuss how this would complement USA proposals in the area but Britain would not join the American plan as it wanted to preserve the 2015 nuclear deal , aimed at curbing Tehran's missile programme in return for the lifting of sanctions. (more...)
- July 23, 2019
He also said he would discuss how this would complement USA proposals in the area but Britain would not join the American plan as it wanted to preserve the 2015 nuclear deal , aimed at curbing Tehran's missile programme in return for the lifting of sanctions. (more...)
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German economy stagnates as eurozone growth reaches 7-year low