Business

by | August 01, 2019 | 01:19

Futures for the pan-region Euro Stoxx 50 and Germany's DAX were down about 0.2% in early deals, though London's FTSE futures were a shade higher. The Fed isn't the only central bank in focus this week however, as markets await the Bank of England's ( BoE ) own policy decision on Thursday.

by | August 01, 2019 | 01:30

Sustained expansion of economic activity and a stronger labour market are also the most likely outcomes, it noted. The Fed also announced plans to end the reduction of its $3.8 trillion asset portfolio, effective August 1, two months earlier than previously expected.

by | July 31, 2019 | 01:37

Helen Roberts of the National Sheep Association accused Johnson of playing "Russian roulette with the agriculture industry". Welsh Secretary Alun Cairns said the government is committed to creating "opportunities for all communities in Wales".

by | July 31, 2019 | 01:21

The U.S. Attorney's Office in the Western District of Washington State said Monday that Paige A. Thompson , a 33-year-old former technology company software engineer, was arrested for the data theft. If found guilty, Ms Thompson faces up to five years in federal prison and a fine of up to $250,000 (£204,000 and dropping fast, cheers Boris). But whether this is your inaugural go-around or you already know the drill, this is still a first for Capital One.

by | July 31, 2019 | 01:49

This was rejected by chief economic adviser Larry Kudlow, who said: "What the President is concerned about is foreign countries may be manipulating their own currencies lower to try to gain some short-term temporary trade advantage". In three of them - 2007, 2001 and 1998 - the votes to lower rates for the first time in a cycle were unanimous. Trump has blamed the rate increases for the economy not growing at 4% GDP a year ago.

by | July 31, 2019 | 00:18

I fought for a long time but today gave up as I could not take any more pressure from one of the private equity partners forcing me to buy back shares, a transaction I had partially completed six months ago by borrowing a large sum of money from a friend.

by | July 28, 2019 | 01:58

A meeting in Hanoi, Vietnam, was held in February 2019. Up to now, Trump has defended his ongoing negotiations with the North Korean leader, claiming they've been a success since the country has not engaged in serious missile testing. Instead, the North has continued escalating provocations and threats, in what analysts say is an attempt to improve its negotiating position. It be also a scheme of probably trying to separate the positions of Washington and Seoul .

by | July 27, 2019 | 01:27

The period represented, from April through June, had its challenges. Tesla other's cars, the Model S and Model X , both sell for more than $70,000 - far beyond the reach of most consumers. Looking longer-term, though, Tesla is still confident that it can become fully profitable in the second half of the year, and that it can deliver between 360,000 and 400,000 vehicles by year's end.

by | July 24, 2019 | 01:11

Politifact deemed Warren's claim true that she sounded the alarm on the looming crisis years before it happened, but that not enough people in power listened . Warren painted a gloomy picture of today's US economic foundation, which is argued was "fragile" and could collapse easily. "A single shock could bring it all down", she wrote.

by | July 23, 2019 | 01:53

It will also provide US consumers with six free credit reports a year and one annual credit report, for seven years. According to the Government Accountability Office, the investigative arm of Congress, a server hosting Equifax's online dispute portal was running software with a known weak spot.

by | July 21, 2019 | 00:35

JSE-listed Pioneer Foods' share price rose by almost 31% on Friday after the company announced the conclusion of an agreement with New York-headquartered PepsiCo , which plans to acquire all of the outstanding shares in Pioneer at R110 a share.

by | July 21, 2019 | 00:30

Barry said more details about the stores will be announced in the coming weeks, including an added online experience. Toys will be displayed out of the box to allow for testing before purchase and the space will feature an open play area.

by | July 20, 2019 | 00:47

What's more, the vehicle also has around 163-miles of WLTP range on a single charge, making it suitable for the vast majority of road users in the UK. One might also point out that British brand's electric model is still nearly twice the price of their combustion engine version, although, of course, EV customers spend less on both fuel/charging and maintenance.

by | July 19, 2019 | 02:16

This would depress the economy at a time of economic boom, ' he said. Congressional Democrats will also tout the policy victory in their re-election bids next year. "This is a historic day", Speaker of the House Nancy Pelosi said, according to the New York Times . The Congressional Budget Office said in a report earlier this month that an increase to $15 would provide a financial boost to almost 30 million workers and raise more than a million out of poverty, but it also would result in ...

by | July 18, 2019 | 00:45

Conditions have obviously slowed progress in housing construction. "If the Fed thinks rate cuts are going to send housing construction up like a rocket, they better think again". The PHLX housing index was lower, underperforming in a broadly weak US stock market. The greenback weakened in opposition to a basket of currencies, whereas U.S.

by | July 18, 2019 | 01:25

Delivering remarks to a Paris economic conference, Powell says that since the depths of the Great Recession in early 2009, growth and inflation in the United States and other countries are averaging a full percentage point lower than before.

by | July 17, 2019 | 01:13

In Australia, according to the vehicle order page, prices don't look much different (before on road costs): Standard Range - $66,000; Long Range AWD - $85,000; Performance model - $91,200. The carmaker predicted its production and deliveries to continue growing in the third quarter of the year. Shares of Tesla lost more than 2% in early trading Tuesday after it slashed prices for vehicles shipped to China, cut two vehicles from its USA lineup, and lowered the price of a third.

by | July 17, 2019 | 00:56

Some fans, for example, took to criticizing the functionality and design of the new steering wheel as soon as Chevrolet showed it off last week and implied it'd already soured them on the rest of the auto. The seven generations of this emblematic sports vehicle have all had one key aspect in common: a front-mounted engine spinning the rear wheels. Other than its odd shapes, the rest of the steering wheel is pretty typical with its large Corvette-badged horn button, silver posts, paddle ...

by | July 16, 2019 | 01:17

Net exports contributed to 20.7 per cent to output growth in the first half, down from 22.8 per cent in the first quarter. But analysts say question marks remain over whether the two sides can reach a deal to remove tariffs introduced over the past 12 months.

by | July 15, 2019 | 01:07

Trump has meanwhile unleashed a vicious attack on virtual currencies, slamming them for their alleged shadowy nature and arguing that Libra had no standing nor dependability - unlike the dollar. In his tweet , the president went ahead to say companies like Facebook have made a decision to position themselves as banks and will have to follow the same regulations as banks.

by | July 14, 2019 | 00:48

The outage has also wreaked havoc at Caltex service stations and Woolworths stores. "At this stage we haven't received any updates from our Merchant Servicing team confirming if there is an issue", a company spokesperson wrote on Twitter.

by | July 13, 2019 | 01:52

Volkswagen will contribute its Autonomous Intelligent Driving (AID) company to the venture. "Our global alliance is beginning to demonstrate even greater promise, and we are continuing to look at other areas on which we might collaborate", Diess said.

by | July 13, 2019 | 02:03

The outlet reported that nine people were transported to a nearby hospital after the plane landed safely. The aircraft was a Boeing 777-200, with 269 passengers and 15 crew on board. The affected people are being examined by medical personnel, an Air Canada spokesperson told the channel. That number was later updated to 37 by emergency officials in Honolulu.

by | July 12, 2019 | 02:12

Amid internal economic worries and the troubling external climate of socio-politics, Greece has elected its new prime minister on Monday, 8th July. Eurogroup chief Mario Centeno on Monday however urged the new Greek government to stick to the reforms and public spending commitments agreed by Athens with its eurozone creditors in return for the bailouts.

by | July 11, 2019 | 01:00

While demand concerns have weighed on the market, Brent has still risen nearly 20 percent in 2019 supported by a supply-cut pact led by the Organization of the Petroleum Exporting Countries, and Middle East tensions. In its monthly forecast on Tuesday, the U.S. Energy Information Administration (EIA) cut its 2019 world oil demand growth forecast by 150,000 barrels per day to 1.07 million bpd.

by | July 11, 2019 | 01:01

So, assuming this low does make it out into the Gulf of Mexico - and signs are good that it will - what will become of it then? The Bermuda-based high pressure centre gives winds more of a northerly push over the northern Gulf, but it remains to be seen how much impact it will have on our developing target.

by | July 10, 2019 | 00:48

To participate in Cow Appreciation Day 2019 and get a free Chick-fil-A sandwich today, the guidelines are relatively simple: You must dress up with clothing, a mask, makeup, or a full costume that somehow resembles a cow. The offer can be used on breakfast items too during breakfast hours. You can receive a free entrée during breakfast hours or during lunch and dinner hours.

by | July 10, 2019 | 01:25

In Europe, the SE will have a range of 146 to 168 miles, but U.S. EPA figures have yet to be announced . They're hardly inspiring numbers. If this is the case it would be powered by a 34kWh battery which could produce around 120-miles of range on a single charge.

by | July 09, 2019 | 01:06

In addition to growing in unlicensed rooms, Health Canada also issued its non-compliance rating based on "inaccurate information" provided to the regulator by CannTrust employees, though the company did not disclose the nature of the inaccurate information.

by | July 09, 2019 | 00:52

Ever since Volkswagen and Ford announced that they will be working together on commercial vehicles, there were already rumors about them possible working on more projects together and we can finally learn what is next. Under terms of the new deal, Volkswagen will share its MEB electric vehicle platform with Ford in exchange for access to some proprietary autonomous vehicle technology from Ford.

by | July 09, 2019 | 01:36

Tesla CEO Elon Musk confirms that Tesla will likely stop selling cars to consumers at a reasonable price. All vehicles made since around the end of 2016 are able to receive the self-driving chip, Musk said , and all Tesla vehicles produced in recent months already include it.

by | July 09, 2019 | 01:52

The British pound GBP= edged down 0.1% to $1.2511 after hitting a six-month low against the dollar on Friday as a result of poor economic data and a rise in expectations that the Bank of England will cut interest rates. At 11:00 a.m. ET, the Dow Jones Industrial Average was down 129.29 points, or 0.48%, at 26,792.83, and the S&P 500 was down 14.84 points, or 0.50%, at 2,975.57.

by | July 08, 2019 | 01:53

The remaining 4% stake left to MacKenzie Bezos is just under 20 million Amazon shares, worth an estimated $38 billion. Jeff Bezos after the divorce, got 12% of the shares or $114,8 billion. "Now you are the hottest MILF I have ever imagined!", blurted Twitter cad Don Palovitz Saturday in the comments section of MacKenzie's April tweet announcing her divorce.

by | July 08, 2019 | 01:45

When the vehicle was being assembled, the wheel studs may not have been fully connected and a small gap may exist between them and the hub assembly. During manufacture, wheel studs may not have been fully seated. "If the brake booster rod detaches from the brake pedal, the vehicle may lose its service brakes, increasing the risk of an accident that may cause injury to the vehicle occupants and other road users", it added.

by | July 05, 2019 | 02:34

Angela Merkel faced a wave of fury at home on Wednesday over the nomination of Ursula von der Leyen as the new head of the European Commission that threatened to split her government and cast doubt on her future as chancellor. Even though the Social Democrat bloc also lost ground, Mr Timmermans, the commission's vice president, emerged as a compromise candidate to head the powerful executive.