Business

by | March 07, 2020 | 01:14

It follows warnings that slowdown from the outbreak could tip countries into recession. Shortly before the Fed announcement, finance chiefs from the Group of Seven industrialized nations issued a statement vowing to make a concerted response to address negative impacts on the global economy from the virus.

by | March 06, 2020 | 00:33

The European benchmark, Brent crude, sank to under US$50 a barrel on Sunday, a level not breached since July 2017. Wednesday's JMMC meeting is part of the process of drawing up recommendations for the wider meeting of ministers from OPEC on Thursday and a meeting of OPEC+ ministers on Friday.

by | March 06, 2020 | 02:11

The risk of community transmission of the virus and its accompanying respiratory disease, COVID-19, is still considered low in Canada, according to the Public Health Agency of Canada. "He's like a big celebrity for us, like, he's the Prime Minister, but he's like a big celebrity", said Satvir Sekhon, a new Canadian citizen. "There will be an impact and we're there to try to find solutions together with companies and communities".

by | March 05, 2020 | 02:03

The cut, which lowers the rate to the range of 1% to 1.25%, is the first of its kind since the 2008 financial crisis. "Certainly they got the reaction that they wanted for the first little bit after they announced their move, which is the markets moving up, but after that it's been down", Anish Chopra, managing director with Portfolio Management Corp.

by | March 04, 2020 | 02:17

Companies worldwide have been buffeted by actions taken by governments to stem the outbreak of coronavirus infections since they emerged in China , where entire cities have been locked down and factories shut. Finance ministers and central bankers of the G7 issued a joint statement Tuesday pledging to "use all appropriate policy tools" to support the global economy during the spread of the COVID-19 virus.

by | March 04, 2020 | 00:55

Von der Leyen said European Union border protection agency Frontex would send an offshore vessel and three coastal patrol vessels, two helicopters and other aircraft, three thermovision vehicles and ad 100 border guards to the 530 it already has in Greece .

by | March 02, 2020 | 00:48

Twitter is one of the few U.S. technology companies headed, but not controlled, by one of its founders. Elliott Management, the NY hedge fund founded by the billionaire investor Paul Singer , 75, who is a major Republican supporter, is one of the most aggressive United States activist firms.

by | March 01, 2020 | 01:34

The interior has hard-wearing and washable materials with a large front parcel shelf by the windscreen. There's no infotainment screen, just a little phone holder so you can run navigation and audio from your smartphone. Although UK availability is not part of this initial rollout, it is likely that a few will be personally imported. French automaker Citroen has revealed the Ami - 100% electric auto for Europe that costs just about $6000 (around ₹ 4.76 lakh).

by | March 01, 2020 | 01:09

Sara Cody, health officer for Santa Clara County . The confirmed case in MA is travel related and the DPH has been monitoring a few hundred individuals in self quarantine after travel to China. A press conference has been scheduled for later on today (1PM local time ). She said her clinical team "has not said no to any request for testing".

by | February 29, 2020 | 02:21

The New York Times newspaper reported in January that there were hundreds of law enforcement agencies among the company's customers in the US and Canada, including the Federal Bureau of Investigation and the Homeland Security Department.

by | February 27, 2020 | 02:21

The virus to date has been mainly focused within mainland China, and multinational businesses in the worldwide manufacturing, retail and tourism industries have been concerned about its spread for quite sometime, as quarantine restrictions have a direct impact on factory slowdowns and travel in China, having the potential to decimate first-quarter earnings reports.

by | February 20, 2020 | 01:49

Employees rate their company culture on more than 60 elements of their experience on the job, including respect, fairness of workplace decisions, camaraderie among the team and the extent to which employees trust their leaders. Over 650,000 employees took the surveys. "We're able to attract the best talent by offering a truly collaborative, diverse workplace where people can successfully grow their careers in a supportive environment that includes fulfilling work, a deeply-rooted culture of ...

by | February 18, 2020 | 01:15

Responding to press speculation, the board of Jupiter Fund Management has announced the proposed acquisition of Merian Global Investors. Jupiter's management said the deal 'reinforces Jupiter's core United Kingdom franchise and extends capabilities into attractive product gaps'.

by | February 17, 2020 | 01:21

Shares fell 3% in pre-market trading to about $780, above Thursday's offering price. Tesla announcement Thursday that it would put an additional $2 billion worth of stock on the market. The stock offering conflicts with statements Musk and CFO Zach Kirkhorn made last month during Tesla's fourth-quarter earnings call. "Musk also said Tesla had no acquisition targets so it is possible that has abruptly changed, but we think he wants to capitalize on the stock's recent upward explosion ...

by | February 17, 2020 | 00:49

Juul did not respond to Adweek's request for further comments. "Somewhere along the path towards our existing civilization of post-post-post-ad-infinitum irony, e-cigarette giant Juul has managed to mutate to a semi-sentient meme representing the worst in idle" millennial" advertising, peddling still-unknown health dangers below the nebulous guise of fashionable, trendy options for your own parents' tobacco goods.

by | February 12, 2020 | 00:58

The new virus is believed to have appeared past year at a market in Hubei's capital, Wuhan , the city in the center of the outbreak, where wild animals are sold. When asked about a proposed World Health Organization global mission in China , he said a list of names had been submitted to the Chinese authorities and the team leader would travel there on Monday or Tuesday.

by | February 06, 2020 | 01:43

European aviation agency EASA has also issued a set of precautions for airlines operating to and from China. With this announcement, all flights by Indian carriers to China will be suspended after Friday. Asked in an interview aired Sunday on Fox how concerned he was over the outbreak, President Donald Trump said that "we pretty much shut it down coming in from China".

by | February 05, 2020 | 00:46

Boris Johnson nudged the United Kingdom towards a hard Brexit on Monday (3 February), insisting that the UK would not commit to maintaining European Union standards on state aid and labour standards in order to strike a new trade deal with Brussels.

by | January 31, 2020 | 00:43

The number of cases has jumped to 7,711, surpassing the 5,327 people diagnosed with Sars. USA officials are continuing to work on plans to evacuate the remaining U.S. More than 6,000 tourists were under lockdown aboard the Costa Smeralda cruise ship after two Chinese passengers were isolated over fears they could be carrying the coronavirus .

by | January 31, 2020 | 01:08

Boeing stock rebounded slightly on the quarterly report after suffering its deepest decline since the MAX grounding last March earlier this month. Boeing Co. In October, Boeing also said it will reduce 787 production per month from 14 to 12 in late 2020. Documents released recently by Boeing regarding design and certification of 737 Max airplanes revealed that the employees mocked regulators and admitted flaws with the plane.

by | January 31, 2020 | 01:29

Many companies track what people do online and share that information with Facebook, to target adverts at them. It is a well-known fact that users' data gets sold to support free, ad-supported web, the Off-Facebook activity tool will help them in restricting the use of their data.

by | January 25, 2020 | 02:14

Democratic congressman Adam Schiff , the head of seven impeachment managers - who are effectively prosecutors - then opened oral arguments to a packed Senate chamber on Wednesday. Donald Trump's threat to assert executive privilege in his impeachment defense to try to curb testimony by his former national security adviser John Bolton is an attempt to silence a key witness and could undermine constitutional principles, ex-justice department officials and legal scholars warn.

by | January 22, 2020 | 00:46

The virus has already sickened hundreds and killed six people in Asia. The outbreak started late last month in the city of Wuhan in central China , apparently at a food market. People traveling from Wuhan will have their temperature checked and be asked about symptoms . Tour agencies have been banned from being people out of Wuhan, according to CNN , and coronavirus screening areas in public spaces are expected to increase.

by | January 21, 2020 | 01:37

By these radical-left lunatics, I get impeached. The President addressed the one hundred first convention of the American Farm Bureau in Austin Sunday night, and as you might expect, he didn't confine his remarks to agriculture. Retweet @POTUS' PROMISES MADE, PROMISES KEPT on TRADE! President Trump and all of the individuals who worked on this are to be complimented. It's a group whose support Trump is relying on in his reelection bid, after recently dispensing billions of dollars in ...

by | January 21, 2020 | 01:48

He praised the two countries' efforts to establish a cease-fire in Libya, saying Russian Federation and Turkey took good steps, and called on the warring sides to abide by the truce. Just hours before the meeting began, Sarraj raised doubts about Haftar's agenda, saying that "long experience makes us doubt the intentions, seriousness, and commitment of the other side, whom everyone know seeks powers at any price".

by | January 17, 2020 | 01:45

It's certainly appropriate to point out that both sides would want to call witnesses that they wanted to hear from. Todd Young of IN and Susan Collins of ME said Tuesday they will support it. Republicans could seek to call witnesses of their own as well. It was an extraordinary suggestion, but one being proposed by Trump allies with support from some GOP senators, including McConnell.

by | January 16, 2020 | 00:45

United Airlines rose 1.1% and American Airlines gained 0.5%. Technology companies also climbed. With the trade issue entering a new stage, Wall Street is focusing on the rollout of corporate earnings reports over the next few weeks. Oanda's Craig Erlam said: "Details of the trade deal are starting to emerge but there's still a lot we don't know". Several large banks were among the companies that started the last earnings season on Wall Street on Tuesday.

by | January 16, 2020 | 01:45

President Donald Trump signs a trade agreement with Chinese Vice Premier Liu He, in the East Room of the White House , Jan. 15, 2020, in Washington. Former US Vice President Joe Biden , who is a leading Democratic presidential candidate, alleged that China is the big victor of Trump's "phase-one" trade deal with Beijing.

by | January 15, 2020 | 00:33

Ford Motor Co.'s China sales fell for the third year in a row in 2019, dropping to less than half of what it sold at its zenith in 2016, and the company said the situation for the broader market is likely to get worse in 2020. It has also said it would localize management teams by hiring more Chinese staff and aimed to improve relationships with joint-venture partners. Sales that year fell for the first time in 28 years.

by | January 15, 2020 | 01:50

The acquisition of Plaid, which provides the intermediary technology between banks and payment services like Transferwise, Acorns, and PayPal Holdings Inc.'s (NASDAQ: PYPL ) Venmo, represents both Visa's "entry into new businesses" and "complementary enhancements to existing businesses", the company said in a statement.

by | January 14, 2020 | 01:10

A third Corvette was present but not involved in the infraction, police said. The cars were stopped at around 11:20 p.m. on Lovers Lane and Olde Towne Boulevard. "We have no further comment at this time", General Motors said in a statement. Automobile claims one driver is a CAE engineer specializing in induction and exhaust setups, and the other an electrical engineer.

by | January 13, 2020 | 01:10

That put the focus back on the economy and corporate earnings. Stocks retreated from record highs to close Friday's session pretty much at the lows of the day. SPDR Dow Jones Global Real Estate ETF (the Fund), formerly SPDR DJ Wilshire Global Real Estate ETF, seeks to replicate as closely as possible the price and yield performance of the Dow Jones Global Select Real Estate Securities Index (the Index), an index based upon the global real estate market.

by | January 12, 2020 | 01:19

In her first year as President of the Federal Reserve, Janet Yellen was chairman of a policy panel divided over how long the central bank could afford to keep its reference rate at a record level and how to prepare the financial markets for the start of interest rate increases.

by | January 11, 2020 | 02:00

He also claims that in 2020, Bitcoin price is likely to incline towards its 2019 record-high amount of fourteen thousand USA dollars ($14,000) and wouldn't trade below the trough set at three thousand three hundred USA dollars ($3300). However, geopolitical tensions do have a positive price impact as was evidenced with the US/China trade war. The concerns surrounding the geopolitical issues, such as the U.S-Iran tensions, amongst others, could potentially lead to more institutional and ...

by | January 11, 2020 | 01:23

Both Pompeo and Trump had said United States embassies were threatened. Soleimani was one of the most powerful figures in the Iranian regime. Iraqi Prime Minister Adel Abdul-Mahdi has told the USA secretary of state to send a delegation to Iraq tasked with formulating the mechanism for the withdrawal of U.S troops from Iraq, according to a statement released Friday.