Markets

by | November 19, 2018 | 01:03

Department of Agriculture says is widespread and likely affects a number of different producers in the industry. Salmonella in food is estimated to be responsible for 1 million illnesses a year, with symptoms including vomiting and stomach cramps.

by | November 18, 2018 | 18:12

Though many places like Target and Walmart want to take advantage of shoppers' eagerness to snag deep discounts, it's no surprise that many retailers have also receive backlash for their holiday-encroaching deals that seem to roll out earlier and earlier each year.

by | November 15, 2018 | 09:12

The conservative - populist agenda that put Donald Trump in the White House in 2016 also elected the Freedom Caucus endorsed candidates in 2018. Republicans, he said, "need to do a better job of letting people know what we stand for". "She's a skilled leader", Shalala said. After losing the Republican primary, she left the post. All of this only matters if these Democrats refuse to vote for Pelosi in the House floor vote .

by | November 15, 2018 | 08:52

Prime Minister Theresa May is fighting for her political life as a growing revolt from within her own party threatens to derail her Brexit plans and force the United Kingdom out of the European Union with no deal. Cabinet sources told The Guardian that one of them, Work and Pensions Secretary Esther McVey, made the most impassioned arguments against the draft agreement, but was ultimately "shouted down".

by | November 15, 2018 | 08:29

USA stocks traded sharply lower on Monday, as a steep fall in Apple shares dragged technology shares and rippled through the broader market. The S&P 500 was down 38.05 points, or 1.37 per cent, to 2,742.96, Xinhua news agency reported. The S&P 500 posted 29 new 52-week highs and 10 new lows; the Nasdaq Composite recorded 25 new highs and 161 new lows. A holiday in the USA bond markets for Veterans Day kept trading volume muted.

by | November 14, 2018 | 05:38

With November already in full swing, it will be interesting to see if Apple embarks on a huge iPhone XR marketing push over the coming weeks. As three key Apple suppliers have slashed their revenue forecast amidst slowing iPhone sales, the Cupertino company's shares have fallen to their lowest in three months.

by | November 12, 2018 | 06:56

Singles' Day hasn't always been about shopping and has its origins as an unofficial holiday on Chinese university campuses in the 1990s. Chinese e-commerce giant Alibaba Group Holding Ltd (阿里巴巴) yesterday smashed last year's record for its Singles' Day sales event, surpassing 168 billion yuan (US$24.15 billion) in sales in under 16 hours.

by | November 09, 2018 | 04:49

Her role starts immediately, but she plans to join Tesla full-time once her six-month notice period at Telstra is complete. Denholm previously held executive roles at Juniper Networks , Sun Microsystems and Toyota. On Twitter Thursday morning, Musk wrote that he has great respect for Denholm. "Robyn has extensive experience in both the tech and auto industries and she has made significant contributions as a Tesla Board member over the past four years", Musk said.

by | November 07, 2018 | 09:12

Throughout the midterm elections , Republicans had been anxious that Democrats would take the House as a so-called "green wave" of money flowed to Democratic candidates in the final weeks before the midterms. Democrats also captured governorships in MI and IL. Polls are also closed in parts of in, where Democrat Joe Donnelly, a top target of the President's frenetic final midterm election campaign swing, is fighting an uphill battle for re-election against Republican Mike Braun.

by | November 07, 2018 | 06:38

This is the second round of United States sanctions against Iran after the USA withdrew from the Joint Comprehensive Plan of Action, commonly known as the Iran nuclear deal or Iran deal, in May this year, China's official Xinhua news agency reported on its website today.

by | November 05, 2018 | 23:34

All of the other signatories - China, the European Union, France, Germany, Iran , Russia, and the United Kingdom - have remained in the deal despite the USA action. "We must resist and win", he said. In other words, China and the United States are already bleeding each other economically. The rial now trades at 145,000 to $1, compared with 40,500 to $1 a year ago.

by | November 05, 2018 | 23:05

One analyst, Colin Sebastian of Baird Equity Research, said the offer could shave 5 percent to 6 percent off Amazon's operating profit this quarter. Perks include same-day shipping and video streaming. Target last month said it would offer free two-day shipping on hundreds of thousands of items, with no minimum order size, from November 1 to December 22 - a move created to keep customers looking to shop online from defecting to rivals like Amazon or Walmart, which both charge for ...

by | November 04, 2018 | 11:59

Japan Airlines said the flight was delayed more than an hour and had to be operated by the remaining two pilots. Later, the pilot pleaded guilty at Uxbridge Magistrates' Court. He was remanded in custody and will be sentenced at Isleworth Crown Court on November 29. In June, British Airways pilot Julian Monaghan was jailed for eight months for being caught on duty with 86mg of alcohol in his system.

by | November 02, 2018 | 15:58

Jacob Parker, vice president of China operations at the US-China Business Council in Beijing , said there were plenty of challenges that would require significant negotiations in advance of a meeting between Trump and Xi to ensure success.

by | October 31, 2018 | 12:00

Prompt corrective action (PCA): 11 public and 1 private bank in the country have been placed under what is called a PCA framework - rules the RBI puts in place for weaker banks - which bars lending by these banks, among other things, until they strengthen their capital base.

by | October 31, 2018 | 09:10

As of September 30, the House Republican Campaign Committee had raised $3.1 million compared to the House Democrats' $379,146. In Senate races, Democrats have raised $513 million and Republicans $361 million. But Pence added, "I think we all know what President Trump thinks of conventional wisdom". US President Donald Trump and his team is leaving no stone unturned to campaign in favour of his Republican party ahead of the crucial November 6 mid-term polls which will decide the balance ...

by | October 29, 2018 | 17:25

IBM and Red Hat have partnered on enterprise-grade Linux for over 20 years. IBM is buying cloud computing company Red Hat for $ 34 billion , its biggest acquisition ever, the company announced on Sunday. "This is the next chapter of the cloud". IBM said it planned to suspend its share repurchase program in 2020 and 2021 to help pay for the deal. IBM also emphasized that it would remain committed to Red Hat's open governance policy.

by | October 29, 2018 | 17:29

An agency spokesman posted photos of the debris including a crushed smartphone, books, bags, and parts of the aircraft fuselage that had been collected by search and rescue vessels. They routinely took this flight. Australian government officials have been warned not to fly with Lion Air after the crash. Lion Air chief executive Edward Sirait said the Boeing jet had experienced a technical issue that required it to be briefly grounded for repairs.

by | October 28, 2018 | 10:04

Around 1 a.m. Eastern, South Carolina Lottery announced that one winning ticket was sold there. The jackpot may be claimed as $ 1 billion before federal taxes as an annuity paid out over 29 years, or as a cash option of $565 million, according to lottery officials.

by | October 28, 2018 | 07:43

He also labelled the Fed's rate hiking policy the greatest threat to the economy, which has been boosted this year by one of the largest tax cuts in USA history. This outlook is in line with comments by Powell and the policy setting committee. If doubts were to emerge in markets about the central bank's credibility, then investors could push up borrowing costs, ultimately slowing the economy and hurting stocks, thus meaning Trump's lobbying had backfired.

by | October 28, 2018 | 07:03

The ticket was sold in SC. Even as stock markets sank again, one person (or group) made a lot of money this past week: the yet-to-be-identified holder of the single ticket that won the Mega Millions lottery. Overall, there were 4,638,825 winners in the drawing who won at least $4 each. The game is played in 44 states, Washington, D.C., Puerto Rico and the US Virgin Islands.

by | October 27, 2018 | 20:16

Trump's use of an ordinary phone is a defiance in the eyes of some officials given that Barack Obama fastidiously followed security protocol. "It seems certain people in the U.S. Russia, too, dismissed the eavesdropping allegations. According to the NYT , the investigation of these incidents, American intelligence officers learned that China is trying to use obtained wiretap information and thus determines what trump thinks, what arguments tend to influence him and to whom he is inclined ...

by | October 27, 2018 | 18:46

China is now the world's second largest economy and Japan the third. On the Taiwan issue, Abe reaffirmed Japan's adherence to its position stated in the 1972 Japan-China Joint Statement. Xi also called for Japan to "keep its promise" and to act according to the four documents signed by the two countries over 40 years ago when they established formal ties.

by | October 26, 2018 | 07:16

The shifting explanations indicate Saudi Arabia is scrambling for a way out of the crisis that has enveloped the world's largest oil exporter and a major US ally in the Middle East. Meanwhile, two sources told Reuters that Central Intelligence Agency director Gina Haspel heard an audio recording of Khashoggi's killing during her visit to Turkey this week.

by | October 22, 2018 | 07:35

But with the rest of their $12 trillion-a-year economy slowing, the communist leaderships has reversed course and ordered banks to lend. Domestic demand turned out weaker than unexpectedly solid exports , ' said Kota Hirayama, senior emerging markets economist at SMBC Nikko Securities in Tokyo.

by | October 22, 2018 | 05:23

The Powerball jackpot will top $620 million this week because no one won Saturday's drawing, but that may seem relatively small compared to the $1.6 billion Mega Millions drawing expected on Tuesday. If someone picks the winning six numbers, they can either claim the jackpot in 30 payments over 30 years - the so-called annuity option - or take a reduced amount in a lump sum.

by | October 19, 2018 | 16:41

United States president Donald Trump acknowledged that it "certainly looks" as though Khashoggi is dead, and he threatened "very severe" consequences if the Saudis are found to have murdered him. "Behind the scenes, we're told by sources, he told them they needed to hurry". US Treasury Secretary Steven Mnuchin abandoned plans to attend an October 23-25 investor conference in Riyadh as did executives from Goldman Sachs Group Inc., putting the high-profile event in question.

by | October 18, 2018 | 05:47

The Public Investment Fund put $45 billion into SoftBank's first Vision Fund , and Bloomberg recently reported that the Saudi fund would invest another $45 billion into SoftBank's second Vision Fund. The Saudi writer, who lives in the USA, disappeared in early October after entering the Saudi consulate in the Turkish city of Istanbul. US Secretary of State Mike Pompeo on Saturday declined to confirm whether US Treasury Secretary Steven Mnuchin would still be attending the Future ...

by | October 16, 2018 | 15:57

The victor was able to file a lawsuit and stay anonymous while claiming the winnings through an anonymous trust, even though they had originally signed their winning ticket with their name. If you match a yellow ball and a white ball during tonight's drawing, then you will walk away with $4. There were 37 tickets that matched four white balls plus the Mega Ball on Tuesday.

by | October 16, 2018 | 13:56

The new explanation, whatever its truth, seemed meant to ease the political crisis that Khashoggi's disappearance has created for Saudi Arabia . He made no remarks upon landing. The U.S. news network cited two unnamed sources. Saudi officials have not answered repeated requests for comment over recent days from The Associated Press.

by | October 16, 2018 | 12:59

Khashoggi , a USA resident, Washington Post columnist and leading critic of the powerful Saudi crown prince, Mohammed bin Salman, vanished after entering the consulate on October 2 to get marriage documents. Pelosi then questioned whether Trump put personal profit ahead of country in the case of Khashoggi - whom the Saudis are reportedly about to admit was killed in a botched interrogation .

by | October 15, 2018 | 01:58

Quoting an official source, SPA reported that Saudi Arabia would retaliate and respond to any measure against it with bigger measures. The Jordanian government also affirmed the Kingdom's central role in consolidating security, stability and peace and enhancing economic cooperation both regionally and globally.

by | October 13, 2018 | 05:27

The US recently imposed tariffs on $200 billion worth of Chinese exports, prompting Beijing to counter with its own tariffs on $60 billion worth of US products. "A lot of people were concerned when the QEs were done whether the Fed would ever be able to downsize and I think the market has handled the supply very well, ' Mnuchin said".

by | October 12, 2018 | 03:59

Trump says in a television interview that "we have investigators over there and we're working with Turkey and frankly we're working with Saudi Arabia ". On his first worldwide trip as president, Trump visited Saudi Arabia and announced $110 billion in proposed arms sales. Ali Bakeer, an expert on Middle Eastern affairs, told Daily Sabah that if the Saudis are responsible for killing or kidnapping Khashoggi, and the available evidence until now points to them, then this "barbaric" act should ...

by | October 10, 2018 | 11:00

Bilal Ahmed, an economic analyst, said . The reserve requirement ratio (RRR) was cut by a full percentage point, effective Octover 15, injecting a net 750 billion yuan (US$109.2 billion) in cash into the banking system. Trade tensions are expected to continue although Fund officials view U.S. -Mexico-Canada trade agreement as a positive sign. "We see the future of industry as being bleak as investors are trying hard to sustain growth momentum", Syed Mazhar Ali Nasir, senior vice president of ...