Thursday, 16 August 2018
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Trump planning new tariff crackdown on China

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US automakers are among the businesses with the most at stake, accounting for 38 percent of the aluminum and 15 percent of the steel consumed in the country, according to Ward's Automotive Reports. He stressed that China does not want to begin a trade war and will not unleash one on the United States; however, Beijing will do everything to protect Chinese national interests. Read More »

Oil market shrugs off rising threat to Iran deal: Kemp

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The exports were 21 percent lower than in January and 43 percent below the volume shipped in February of 2017. Crude oil exports in 2017 were almost double the level of exports in 2016. Crude prices started on a weaker note, after a see-saw week of trading last week, as indications pointed to American shale output swelling. It's not clear how this will inform OPEC's decision-making; US shale is still surging, keeping a lid on oil prices , regardless of the metric OPEC wants to use. Read More »

Dog dies on United flight after being forced into overhead bin

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Sophia Ceballos and her mother Catalina Robledo are still mourning the death of their 10-month-old French bulldog Kokito, who died on a United flight Monday after a flight attendant told them to put his carrier in an overhead bin. Of the 24 animals which died in the care of USA airlines a year ago 18 were handled by United, the report said. As for Monday's incident with Kokito, United called it "a tragic accident that should never have occurred, as pets should never be placed in the overhead ... Read More »

USA radio giant iHeartMedia files for bankruptcy

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Aided by a relaxed federal regulations, Clear Channel's founding Mays family led the firm through a radio-station buying spree in the '90s and early 2000s, at one point controlling 1,100 properties. The company's terrestrial stations, it says, reach 271 million people each month, and in many markets it operates multiple outlets. iHeart has filed a series of motions with the bankruptcy court seeking to maintain business-as-usual operations and uphold its commitments to employees and other ... Read More »

Toys R Us to close or sell over 800 remaining USA stores

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Big-box chain Toys "R" Us , which filed for bankruptcy late a year ago, is planning on closing or selling all 800 of its USA stores in the coming months. The company's troubles have affected toy makers Mattel and Hasbro, which are big suppliers to the chain. As the company adjusted its reorganization plans, Brandon said it had made a decision to drop the baby business because it had been doing poorly in recent years. Read More »

Google to ban advertisements on cryptocurrencies and related products

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Encouraged by country leaders and banks, major advertising companies have been banning cryptocurrency related-ads on their platform due to the uncertainty surrounding scams and illicit activities using crypto. The cull also led to the removal of 320,000 publishers from its network, considered to be exacerbating deceptive content for commercial gain, while almost 90,000 websites and 700,000 apps were also blocked. Read More »

Waymo self-driving trucks begin hauling for Google's data centers

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Though the goal is for the truck to drive itself, there will be a driver in the cab to monitor systems and take over if there's an emergency. The trucks have already been tested in Arizona and California and Waymo says its software learned to drive "big rigs in much the same way a human driver would after years of driving passenger cars". Read More »

United States stocks close sharply lower on rate worries

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The Nasdaq composite was up 10 points, or 0.1 percent, to 7,283. Stocks were higher earlier in the day after Powell appeared to calm one of the market's main worries when he said that he does not see inflation in workers' wages "at a point of acceleration". Read More »

Russia Services Growth Quickens In February

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But the index remained above the 50 threshold that separates expansion from contraction for the 17th consecutive month. It estimates growth of 0.4 percent this quarter, matching the rate of the final three months of 2017. In fact, the services sector was growing faster than manufacturing for only the second time since the Brexit referendum. On the price front, input price inflation eased to its lowest since August 2016, despite higher staff salaries and transport costs. Read More »

Snow showers heading towards West Michigan

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Daytime highs Wed-Fri will only be in the upper 50s and low 60s. NEXT WEEKEND: There's another weather system heading in our direction next weekend that will bring a chance for showers and perhaps a few storms. Wednesday is the better chance of any precipitation at 60%, but spotty snow showers could stick around into Thursday as temperatures drop. This is considered a hard freeze for agricultural purposes, and it poses a danger to frost/freeze sensitive plants. Read More »

Scott McTominay commits worldwide future to Scotland

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I've been to a few training camps with Scotland. That's a tough question! "It is not easy and then national team will be just a outcome of his work at the club but I can't confirm at all that both national teams have contacted him". He's a fantastic young player and it's great for us as a country. "I can't confirm because I have no information about that and my advice to him is not about national teams, is not about that". Read More »

No sign USA economy 'overheating': Fed Chair Powell

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The gap between short-dated US borrowing costs and those in Germany was at its widest in over 20 years as the monetary policy outlooks by the Fed and European Central Bank for the two regions diverged. A PAINFUL MONTH: The S&P 500 is on track to close out February with a 2.8 percent loss, a sharp turnaround from its blistering start to the year. Second, as we've been saying, the market is increasingly focused on what the Fed says and may do when it comes to monetary policy. Read More »

Services suspended at Glasgow Airport due to snow

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As a result, it has introduced more flexible rebooking options for customers on shot-haul flights to or from London Heathrow and London Gatwick airports. and Canada will depart as planned on Friday night, arriving into Irish airports on Saturday morning. Both Glasgow and Edinburgh are advising customers not to travel to the airport today. Read More »

Gold, Silver, Copper and Crude Oil Briefing

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U.S. West Texas Intermediate (WTI) crude for April delivery was down 15 cents, or 0.2 percent, at $63.76 a barrel by 0532 GMT. Yet, thanks to the shale resurgence, here we are-over the past few weeks, American crude oil production outstripped that of Saudi Arabia , OPEC's de facto leader and biggest exporter. Read More »

U.S. stocks close higher, tech and bank stocks rally

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Indexes rallied into the close, sending the S&P 500 and Dow back above the 50-day moving average. Winners and Losers: Shares of Hewlett Packard Enterprise jumped 10.54 percent after its first quarter financial results beat anaysts' expectations. Read More »

Public Radio, Donors Revive Gothamist Websites

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No other details of the deal were made public. The station has approached Chicago's WBEZ about acquiring Chicagoist's assets, according to WBEZ spokesperson Betsy Berger. "As we've seen a decline in local journalism in even the largest metropolitan areas across the country, even at a time when it's so vital, we remain committed to strong, independent reporting that fills the void". Read More »

Walmart Earnings: Walmart Inc Stock Sinks on Q4 Miss

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Capital Power Corporation (TSE:CPX) has 0.00% since February 20, 2017 and is. It has outperformed by 12.41% the S&P500. Greenwood Gearhart Inc decreased its stake in Wal ( WMT ) by 8.6% based on its latest 2017Q3 regulatory filing with the SEC. Read More »

Police suspect Benjamin Netanyahu associate of trying to bribe judge

Netanyahu, who was the Communications Minister until 2017, is now not a suspect in this affair, according to the police, but local media widely reported that he is expected to be questioned in the recent days. They are suspected of promoting a deal to give Netanyahu and his wife favorable coverage in Walla , a news site controlled by Bezeq, in return for the promotion of regulations worth hundreds of millions of USA dollars to the telecom company. Read More »

Violent passengers thrown off Carnival Legend cruise ship

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It is still unclear if the family will face any charges for the fight, though Marine Area Command officials are now investigating it. The 10-day cruise to the South Pacific was forced to make an unscheduled stop in Eden, New South Wales, on 16 February for 23 members of a Melbourne family to be removed following the brawl. Read More »

World shares mixed as Wall Street rally loses momentum

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U.S President Donald Trump revealed the latest budget of the country on Monday and the White House called for $3 trillion in the deficit reduction that shall also include $1.7 trillion in the compulsory spending cuts and at the same time proposing to cut the discretionary spending by 2% a year after 2019. Read More »

Bank vulnerabilities: PNB fraud exposes failure of systems and oversight

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Be seen with him in Davos. Use that clout to: A. Steal 12,000Cr B. Slip out of the country like Mallya, while the Govt looks the other way. It has put the Narendra Modi government on the back foot. The letter to the PMO was written by S.V. Hari Prasad, based in Bangalore. Former chairman and managing director of Indian Bank abused his position and entered into criminal conspiracy in the matter of availing and sanctioning letters of bank guarantees, overdraft facilities and term loan ... Read More »