Markets

Brexit vote could 'in theory' be reversed — European Union minister

Brexit vote could 'in theory' be reversed — European Union minister The notes did not make significant reference to a large number of key risks for a no-deal scenario, including the rights of European Union citizens in the United Kingdom, the potential need to stockpile medicines, and the dangers associated with a new border on the island of Ireland would be managed. [Full Article...]

Lowe's To Slash Inventory and Close 99 Orchard Supply Hardware Stores

Lowe's To Slash Inventory and Close 99 Orchard Supply Hardware Stores At West San Carlos and Montgomery streets, where the first store was built and later rebuilt, a steady stream of customers pulled up to locked doors and a sign on the windows saying "temporarily closed". "The staff are way more knowledgeable than the chain hardware stores", wrote Kyra T. from Berkeley earlier this year. "It's just kind of a ridiculous", he said. [Full Article...]

Latest leak shows the final design of Google Pixel 3 XL

Latest leak shows the final design of Google Pixel 3 XL Talking about the rear of the phone - another shot leaked by MobileSyrup suggests that the back panel might sport the similar design language to the Pixel 2 XL . Furthermore, an image of the retail box of the Pixel 3 XL has also been leaked. Another set of photos of the Pixel 3 XL confirm that it will come with a Snapdragon 845 chipset, 4GB RAM and 64GB storage. [Full Article...]

Who are newspapers backing in Dutton v Turnbull leadership spill?

Who are newspapers backing in Dutton v Turnbull leadership spill? The leadership crisis saw the government adjourn parliament on Thursday until September. Mr Dutton on Thursday publicly called for another leadership vote. He has cast doubt on Mr Dutton's eligibility to sit in Parliament, saying he expected the Solicitor-General's advice on the issue to be available tomorrow morning. [Full Article...]

UNIAN: Trump names conditions for Russian Federation sanctions lift

UNIAN: Trump names conditions for Russian Federation sanctions lift Trump and Putin met in Helsinki in July, their first bilateral meeting, after which the United States president was highly criticised at home for being very conciliatory with his Russian counterpart. The administration's strategy is to "continue raising the costs until Russian aggression ceases, while keeping the door open to dialogue", Assistant Secretary of State Wess Mitchell told members of th... [Full Article...]

South Africa opens inquiry into alleged corruption against Zuma

South Africa opens inquiry into alleged corruption against Zuma Initially tasked to probe and conclude its findings within six months, the commission has asked for an extension of up to two years. Former South African finance minister Mcebisi Jonas had alleged that the Guptas attempted to bribe him for both personal and business interests in 2015. [Full Article...]

Crude Oil Prices - Weekly Outlook: August 20

Crude Oil Prices - Weekly Outlook: August 20 According to Reuters , oil futures finally increased on Monday after dropping several times for a few weeks. Investors are also closely watching supplies from the United States and Opec amid the renewal of American sanctions on Iran . On Wednesday, U.S. Energy Information Administration (EIA) reported a large build of 6.8 million barrels in commercial crude oil inventories during the week e... [Full Article...]

US Market Indexes Close Higher on Tuesday

US Market Indexes Close Higher on Tuesday Investors were cheered by comments from Commerce Secretary Wilbur Ross that he plans to hold off on a final decision on whether to impose tariffs on auto imports while trade talks with Mexico, Canada and Europe are ongoing. The small-cap Russell 2000 index .RUT , which is less affected by global tariff disputes than its large-cap peers, jumped to a record high. "There's a bit of a risk premium... [Full Article...]

Trump Demands Fed Help On Economy, Complains About Interest Rate Rises

Trump Demands Fed Help On Economy, Complains About Interest Rate Rises Interesting, gold is priced in dollar terms and in its light is available at a pricier rate in other currencies or less of gold can be hence bought. Presidents have historically avoided commenting on Fed policies. Presidential meddling in monetary policy has a troubling history, most notably President Richard Nixon's insistence that the Fed keep interest rates low ahead of the 1972 elect... [Full Article...]

United States heaps more sanctions on top of Russian Federation

The ships - and two Vladivostok-based shipping companies - violated USA and United Nations sanctions on North Korea, the Treasury Department said Tuesday in announcing the sanctions on its website. Testifying on Tuesday before the U.S. Senate Foreign Relations Committee, U.S. Assistant Secretary Marshall Billingslea said sanctions can't be the only tool in the U.S. [Full Article...]

Defiant Erdogan casts Turkey currency crisis in religious, patriotic terms

Defiant Erdogan casts Turkey currency crisis in religious, patriotic terms Turkey's national currency , the lira , has recently plunged to unprecedented lows amid the rift between the two North Atlantic Treaty Organisation allies, Ankara and Washington. The lira has nosedived against the dollar, dropping as much as 20 percent on one day last week. The Turkish lira has lost about 30 percent of its value against the U.S. [Full Article...]

Manafort jury asks about impact of not reaching verdict on one count

Manafort jury asks about impact of not reaching verdict on one count Not long after that news broke, former Trump campaign manager Paul Manafort was found guilty of five charges of tax fraud , two charges of bank fraud , and one charge of "failing to file a foreign bank account". CNN subsequently reported that Trump's former fixer and lawyer is not expected to cooperate with the government as part of this deal. Speaking to reporters in Virginia, Mr Trum... [Full Article...]

U.S. Government Bonds Fall as Investors Weigh Trump’s Fed Rate Comments

U.S. Government Bonds Fall as Investors Weigh Trump’s Fed Rate Comments Corker - like Scott a member of the Senate Banking Committee - would not divulge details of their private conversation but said he frequently brings up issues related to preserving the independence of the Fed when he meets with people like Powell. [Full Article...]

Iran: Total has officially withdrawn from South Pars

Iran: Total has officially withdrawn from South Pars Iran's Foreign Minister called for Europe's pragmatic steps to save Iran's interests under the 2015 global nuclear deal as the United States threatened to reimpose sanctions on the country's crude oil exports, Tasnim news agency reported on Sunday. [Full Article...]

USA lawmakers seek to impose more sanctions on 'menace' Russian Federation

USA lawmakers seek to impose more sanctions on 'menace' Russian Federation Foreign direct investment into Russian Federation has fallen five percent since 2013, with direct investment from the USA falling 80 percent, according to her statement. Washington has promised more, even tougher measures unless Russian Federation agrees to allow worldwide chemical weapons inspectors into the country and provides "reliable assurances" it will no longer use chemical weapons. [Full Article...]

Trump (Again) Expresses His Displeasure with Federal Reserve Raising Interest Rates

Trump selected Powell for the job previous year from a short list of several prominent central bankers, praising Powell for his "wisdom" and "leadership" skills when he nominated him formally in November. Meanwhile, Trump also said he did not expect much progress from trade talks with China this week in Washington. In his interview, Trump accused the European Union and China of manipulating th... [Full Article...]

Post Malone's private plane to make emergency landing after blowing tires

Post Malone's private plane to make emergency landing after blowing tires Emergency responders at Teterboro waited for the plane to land around 12:20 p.m. but it was rerouted to Westfield-Barnes Regional Airport in Westfield, Mass., about 150 miles away. The plane took off from Teterboro Airport in New Jersey Tuesday headed to London . Sixteen people are on board the aircraft, according to the FAA. [Full Article...]

2 goats found wandering subway tracks

2 goats found wandering subway tracks Workers first spotted the black and white kids walking along the rails between the Fort Hamilton Parkway and New Utrecht stops in Borough Park just after 11 a.m. The MTA says that the goats were seen on the above-ground N tracks near Green-Wood Cemetery in Brooklyn earlier on Monday. In the end, none other than Jon Stewart swooped in to transport the strays to a shelter in upstate NY run by the ... [Full Article...]

London Gatwick passengers need to check whiteboards after IT glitch

London Gatwick passengers need to check whiteboards after IT glitch Ollie Hurley, who said he was flying to Budapest, added: "We are having to check our flight departure time on a whiteboard?" The airport earlier said a " handful of people" had missed their flights due to the problems. A Vodafone spokeswoman told Business Insider: "We have identified a damaged fibre cable which is used by Gatwick Airport to display flight information". [Full Article...]

PepsiCo buys Israel's SodaStream for $3.2 billion

PepsiCo buys Israel's SodaStream for $3.2 billion According to The Wall Street Journal , "Sparkling water has grown far more strongly than the overall bottled water category in the USA, clocking volume growth of 38% previous year up from 35% in 2016 according to data from industry tracker Beverage Marketing Corp". [Full Article...]


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