Iran Sends Warning Note to US Following Attacks at Saudi Oil Facilities

Iran sent a note through Swiss diplomats in Tehran on Monday, reiterating that Tehran denies being involved in the Saudi attack, IRNA reported. Trump separately tweeted: "I have just instructed the Secretary of the Treasury to substantially ... More..

by | Published 1 days ago
France vows to block Facebook's Libra crypto before it even gets started
by | Saturday, September 14, 2019

France vows to block Facebook's Libra crypto before it even gets started

The head of the Libra Association, the nonprofit entity behind Facebook's forthcoming Libra cryptocurrency recently stated that the company is committed to launching the stablecoin and clearing all regulato...More..

China exempts USA soybeans and pork from tariffs
by | Saturday, September 14, 2019

China exempts USA soybeans and pork from tariffs

He previous spoke that the United States expects China to buy more agricultural products and the President Donald Trump is prepared to keep tariffs in place and raise them if necessary. However, Chinese...More..

Trump Postponing Tariffs on China as a ‘Good Will’ Gesture
by | Friday, September 13, 2019

Trump Postponing Tariffs on China as a ‘Good Will’ Gesture

In a sign of the pressure being felt by the Chinese economy, the central People's Bank of China said on Friday it would cut the amount of cash lenders must keep in reserve, allowing an estimated $126 billion ...More..

Caught on camera: Tesla drives sleeping motorist down Massachusetts Turnpike
by | Tuesday, September 10, 2019

Caught on camera: Tesla drives sleeping motorist down Massachusetts Turnpike

Back in May, police in the Netherlands stopped a Tesla driver who appeared to be snoozing behind the wheel. In the passenger's seat, another person appears to be sleeping. Tesla has emphasised their autopilo...More..

‘Indian Bank, Allahabad Bank merger may be a smooth affair’
by | Saturday, August 31, 2019

‘Indian Bank, Allahabad Bank merger may be a smooth affair’

Prior to this, the government had merged five associate banks of SBI and Bharatiya Mahila Bank with State Bank of India. SLBC is a consultative and co-ordination body of all financial institutions operating in ...More..

GDP shocker: At 5%, Indian economy grows slowest in over six years
by | Saturday, August 31, 2019

GDP shocker: At 5%, Indian economy grows slowest in over six years

Chief Economic Advisor Krishnamurthy Subramanian , however, attributed the slowdown chiefly to a global economic downturn. The first quarter estimates are based on agricultural production during Rabi season ...More..

Trump and Macron have another cringe-worthy interaction
by | Tuesday, August 27, 2019

Trump and Macron have another cringe-worthy interaction

There is plenty to discuss. Festering foreign policy matters like Iran and fresh tensions between India and Pakistan are on the table. As democracies, the G-7 have a unity of goal and trust hard to duplic...More..

Trump quashes fears of recession in United States
by | Tuesday, August 20, 2019

Trump quashes fears of recession in United States

Trade between the United States and China , the two biggest global economies, has plunged. Kudlow and White House Office of Trade and Manufacturing Policy Director Peter Navarro , Trump's trade adviser, mad...More..

Dow Plummets 800 Points As Recession Fears Continue To Rattle Markets
by | Monday, August 19, 2019

Dow Plummets 800 Points As Recession Fears Continue To Rattle Markets

Global growth woes have mounted in recent months, especially as a bruising trade war between the United States and China showed signs of dragging on in a blow to businesses and consumers. he S&P 500 .SPX gain...More..

Asian stocks lower after United States indexes tumble on recession fear
by | Sunday, August 18, 2019

Asian stocks lower after United States indexes tumble on recession fear

According to economists at the US Federal Reserve: "Periods with an inverted yield curve are reliably followed by economic slowdowns and nearly always by a recession ". The S&P 500 declined 2.93% after dis...More..

Crude Oil Futures Rebound, End Sharply Higher
by | Monday, August 12, 2019

Crude Oil Futures Rebound, End Sharply Higher

The U.S. surge has tapered off in recent months as shale drillers confront the geological challenges arising from rapid expansion, as well as pressure from shareholders seeking a better return on their investme...More..

Chip Stocks Slump On No Trade Deal Comments From President
by | Saturday, August 10, 2019

Chip Stocks Slump On No Trade Deal Comments From President

Companies such as Xilinx Inc. and Micron have publicly said they have applied for licenses and called on the U.S.to allow them to resume doing business with Huawei . Financial markets have plunged following ...More..

Wall Street Suffers Big Losses Amid US - China Trade Dispute
by | Wednesday, August 07, 2019

Wall Street Suffers Big Losses Amid US - China Trade Dispute

The market last week was battered by the Federal Reserve's decision to cut interest rates by only one-quarter of a percentage point, Fed chair Jerome Powell's announcement that the July cut was not the beginnin...More..

USA to slap 10% tariff on $300 bn more in Chinese goods
by | Saturday, August 03, 2019

USA to slap 10% tariff on $300 bn more in Chinese goods

Soon after his announcement to impose additional tariff on the import of Chinese products , the stock markets in NY took a plunge. The sale was the first to a private buyer since Beijing offered to exempt ...More..

Trump rips China over trade, vows new tariffs in September
by | Friday, August 02, 2019

Trump rips China over trade, vows new tariffs in September

The China tariff announcement immediately reversed a positive day on Wall Street, turning a 250 point-plus gain in the Dow Jones index Thursday into a loss of more than 100 points within 15 minutes of the Whi...More..

Shares steady as Fed comes into focus; dollar at two-month high
by | Thursday, August 01, 2019

Shares steady as Fed comes into focus; dollar at two-month high

The British pound touched its lowest against the dollar in over two years after Prime Minister Boris Johnson said a hard divorce from the European Union was in the cards, while stocks dipped globally on Monday ...More..

Idaho announces $600 million settlement with Equifax over 2017 data breach
by | Tuesday, July 23, 2019

Idaho announces $600 million settlement with Equifax over 2017 data breach

The program to pay restitution to consumers will be conducted in connection with settlements that have been reached in the multi-district class actions filed against Equifax, as well as settlements that were re...More..

PepsiCo to buy Pioneer Foods, position for SSA growth
by | Sunday, July 21, 2019

PepsiCo to buy Pioneer Foods, position for SSA growth

The companies on Friday issued a joint statement indicating PepsiCo will acquire all outstanding shares of Pioneer Foods at R110 per share. The deal gives the U.S. Pioneer has been struggling in South Afric...More..

TOYS
by | Sunday, July 21, 2019

TOYS "R" US Stores Returning in 2019 with New Modern Concept

He says brand partners and more details will be announced in coming weeks. However, the first two stores-located at The Galleria in Houston, Texas and at Westfield Garden State Plaza in Paramus, New Jersey-wi...More..

Jeffrey Epstein foundation donated millions to university
by | Wednesday, July 17, 2019

Jeffrey Epstein foundation donated millions to university

The New York City Upper East Side townhouse, where prosecutors said Epstein abused his victims and where they found a trove of pictures of naked girls, was once owned by Wexner. "Epstein is a convicted sex o...More..

Gold trades steady ahead of China GDP data
by | Tuesday, July 16, 2019

Gold trades steady ahead of China GDP data

Chinese exports to the United States fell 7.8% in June from a year ago. The US and China - the world's two largest economies - have been fighting a damaging trade war over the past year. China's industri...More..

USD Spikes Lower as Dovish Fed Powell Sets Stage for Rate Cuts
by | Saturday, July 13, 2019

USD Spikes Lower as Dovish Fed Powell Sets Stage for Rate Cuts

Many Fed officials historically would then support raising interest rates to forestall what was called a "wage-price spiral". "Inflation appears to have stabilized and this will put a wrench in some Fed rate-...More..

Chick-Fil-A offers free entrees if you dress as a cow
by | Wednesday, July 10, 2019

Chick-Fil-A offers free entrees if you dress as a cow

Chick-fil-A has several restaurants in Southern California including locations in Ventura, Chino Hills, Torrance, Hollywood, City Of Industry, Downey, Newport Beach, Los Angeles, Norwalk, and more. For those ne...More..

Outage problems at Rogers Wireless cause intermittent service
by | Tuesday, July 09, 2019

Outage problems at Rogers Wireless cause intermittent service

The problem is reportedly affecting many customers from several service providers across Canada. A disruption of wireless voice service at Rogers Communications Inc. The companies were still working on Mond...More..

Photos of migrant detention centres show overcrowding, men begging for help
by | Friday, July 05, 2019

Photos of migrant detention centres show overcrowding, men begging for help

The comment came one day after a Department of Homeland Security report warned of "dangerous overcrowding" in the facilities, which hold thousands of migrants seeking to remain in the country, a lot of them f...More..

Trade war de-escalation? Washington promises not to hit Beijing with new tariffs
by | Sunday, June 30, 2019

Trade war de-escalation? Washington promises not to hit Beijing with new tariffs

And I said that that's okay, that we will keep selling that product. First, it says nothing about U.S. companies being able to buy from Huawei , as the President has only commented on trade happening in on...More..

Diverted United Flight Makes Emergency Landing at Newark Airport
by | Sunday, June 30, 2019

Diverted United Flight Makes Emergency Landing at Newark Airport

The United Airlines flight bound for Houston's George Bush International Airport returned to the airport shortly after takeoff. Anyone flying today should check with their airlines regarding flight schedule...More..

Airbus signs deals for over 360 aircraft during four day Paris Airshow
by | Friday, June 21, 2019

Airbus signs deals for over 360 aircraft during four day Paris Airshow

The worldwide grounding in March of Boeing's fast-selling aircraft followed a crash in Indonesia and another in Ethiopia that triggered one of the worst crises in the company's more than 100-year history. B...More..

Trump Has Been Brainstorming Ways To Remove Powell From The Fed
by | Friday, June 21, 2019

Trump Has Been Brainstorming Ways To Remove Powell From The Fed

Policymakers at the USA central bank said at the conclusion of their two-day meeting this week that they expect one rate cut next year and one rate hike in 2021. The big story of the day remains the dollar as i...More..

Facebook launches cryptocurrency with Visa, MasterCard, Uber, and others
by | Wednesday, June 19, 2019

Facebook launches cryptocurrency with Visa, MasterCard, Uber, and others

Company officials emphasized Libra as a way of sending money across borders without incurring significant fees, such as those charged by Western Union and other global money-transfer services. "We think most ...More..

Latest Gulf attacks will have grave impact on energy trade
by | Saturday, June 15, 2019

Latest Gulf attacks will have grave impact on energy trade

Iran has repeatedly warned it would block the Strait of Hormuz , near where the attacks happened, if it can not sell its oil due to us sanctions . "The United States will defend its forces, interests an...More..

Solid US jobs report could allay fears of weakening economy
by | Tuesday, June 11, 2019

Solid US jobs report could allay fears of weakening economy

Walmart chief executive Doug McMillon said Friday, before Trump's announcement, that the iconic retailer is "concerned" about Mexican tariffs causing fruit and vegetable prices to spike for USA consumers. A s...More..

Tennessee Valley Deals for National Doughnut Day!
by | Saturday, June 08, 2019

Tennessee Valley Deals for National Doughnut Day!

Local shops are creating incredible gourmet doughnuts and are the trendsetters in the industry. Each Super Saver store will also have a Friday only special on a dozen donuts. Dunkin' Donuts is offering a free...More..

Huawei can no longer pre-install Facebook, Instagram or WhatsApp apps
by | Saturday, June 08, 2019

Huawei can no longer pre-install Facebook, Instagram or WhatsApp apps

Huawei usually pre-installs apps such as Facebook and Twitter on its handsets. The search giant company is afraid Huawei devices losing Google's services such as Google Play and Google Play Protect might ...More..

Despite RBI rate cut, market looks for more growth impetus
by | Friday, June 07, 2019

Despite RBI rate cut, market looks for more growth impetus

Repo rate is the rate at which the apex bank lends short-term money to commercial banks. But Thursday's reduction isn't a positive show of RBI's ultra-easy monetary policy regime, but points to an exceptio...More..

Huawei to sell undersea cable business
by | Wednesday, June 05, 2019

Huawei to sell undersea cable business

Liang accused the USA of inappropriate conduct, while at the same time striking a conciliatory tone - a response reflecting a level of exasperation now felt by the Chinese tech giant. Last week, the company fil...More..

China Targets FedEx in ‘Warning’ to U.S.
by | Sunday, June 02, 2019

China Targets FedEx in ‘Warning’ to U.S.

On Saturday, Chinese retaliatory tariffs on the US goods kicked in, after the Trump administration raised tariffs on Chinese goods worth $200 billion to 25 percent, from 10 percent. and Intel Corp . to even ...More..

Renault And Fiat Chrysler Automobiles May Announce Merger On Monday
by | Tuesday, May 28, 2019

Renault And Fiat Chrysler Automobiles May Announce Merger On Monday

In autumn 2017, Ghosn, who had been CEO of Renault since 2005, chose to seek a final term, one that would extend past the automaker's mandatory retirement age of 65. Nissan's stake in Renault comes with no ...More..

Panasonic 'suspends transactions' with Huawei after United States ban
by | Saturday, May 25, 2019

Panasonic 'suspends transactions' with Huawei after United States ban

This new commerce ban does not stop U.S. companies from buying Huawei gear, but instead bans Huawei from obtaining its supply chain components from United States companies. "Our production capacity is huge,...More..