Markets

Aston Martin stutters on stock market debut as shares slip

Aston Martin stutters on stock market debut as shares slip In fact, just over 90 minutes after trading started, shares were already down five percent. "Obviously we'd all prefer no tariffs to be frank, no doubt, but the industry has to learn to adapt and it always has adapted to changes", Palmer said, referring to proposed tariffs on imported products - 60 percent of Aston Martin's parts are now imported from the EU. [Full Article...]

China slams 'ridiculous' United States election meddling charges, East Asia News & Top Stories

But reaction to the vice president's remarks by critics on Thursday, however, warned that Pence and the Trump administration are playing a unsafe game. It was Axios , in fact, which last month reported that the White House had "secret anti-China plans" that, based on administration sources, would be launched in the weeks ahead. [Full Article...]

Weedcraft Inc Announced: A New Tycoon Game Explores Marijuana as Big Business

Weedcraft Inc Announced: A New Tycoon Game Explores Marijuana as Big Business But for those looking to see if they have what it takes to cash in on the green rush without leaving their couch, a new video game may offer the flawless solution. Want to make it legal? For more information, keep an eye on Weedcraft Inc's website . There's no Steam page up just yet and the game's official site doesn't seem to be working right now, so it's suggested that you follow the develop... [Full Article...]

Pence accuses China of seeking to change U.S. president

Pence accuses China of seeking to change U.S. president China accused US Vice President Mike Pence of slandering the country with "baseless" allegations Friday, after he delivered a scathing speech in Washington claiming Beijing was trying to covertly influence US politics for its own political gain. [Full Article...]

Theresa May will freeze fuel duty (again)

Theresa May will freeze fuel duty (again) In her keynote speech at the Conservative Party conference in Birmingham today , Mrs May revealed that Chancellor Philip Hammond won't include an increase to fuel duty (a tax on petrol and diesel that is charged in addition to VAT) in his Autumn Budget on October 29. [Full Article...]

Fuel prices on the boil again, diesel breaches Rs 80 in Mumbai

Fuel prices on the boil again, diesel breaches Rs 80 in Mumbai Chhattisgarh and Tripura also made a reduction of Rs 2.5 to make both fuels cheaper by Rs 5. The first aspect of this plan involves the government cutting excise duty by Rs 1.5 per litre of petrol and diesel . Brent, the benchmark for more than half the world's oil, is trading at a four-year high of over Dollars 84 per barrel. "But the fact is that we have to react to a situation.if without imp... [Full Article...]

Canada and U.S. agree last-minute trade deal

Canada and U.S. agree last-minute trade deal It said the measures will have "a dramatic impact not only for dairy farmers but for the whole sector". "It's a slap in the face to Canadian producers who work very hard at managing supply". However, under USMCA, new quotas will be set which are expected to increase market access for U.S. farmers. After a year of often heated talks, a new trade agreement has been reached between Canada, th... [Full Article...]

Jamal Khashoggi: Saudi journalist vanishes in Istanbul

Jamal Khashoggi: Saudi journalist vanishes in Istanbul Jamal Khashoggi , who writes opinion pieces for the Washington Post , has not been seen since entering the Saudi consulate building on Tuesday where he was to receive an official document for the couple's marriage. He has lived in self-imposed exile in the United States since past year and said that he feared arrest if he remained there. The mystery surrounding the whereabouts of Saudi journali... [Full Article...]

GOODBYE NAFTA: New North American Trade Agreement Named 'USMCA'

GOODBYE NAFTA: New North American Trade Agreement Named 'USMCA' USMCA will open up some of Canada's dairy market to US farmers. He added: "Congratulations to Mexico and Canada!" With the new deal, Canada will increase market access for US dairy, poultry, and eggs. "NAFTA is a proven success". "What it spells out for consumers is that they'll be paying more". But while NAFTA, like many free trade agreements, has faced opposition , most Americans suppo... [Full Article...]

Rupee Breaches 73/$ Mark For The First Time Ever

Rupee Breaches 73/$ Mark For The First Time Ever Indian markets were shut Tuesday for a holiday. The rupee has been setting one record low after another recently, with overseas investors having pulled a net $9.1 billion from Indian stocks and bonds this year amid an emerging-market selloff. [Full Article...]

Trump ripped up Nafta, here is what the new trade deal contains

Trump ripped up Nafta, here is what the new trade deal contains If the new deal were simply branded as NAFTA 2, it would appear the president had failed on his promise to repeal what he called the worst trade agreement in history, said Rose, who studies political communication and propaganda. Trudeau said pursuing deeper trade with China remained a part of the government's economic diversification strategy that has seen it sign a free trade pact with the E... [Full Article...]

Oil Prices Hit $85pb Highest Since 2014

Oil Prices Hit $85pb Highest Since 2014 World oil prices are moving more on pronouncements and statements by the U.S. and Iran than by what exactly is dictated by demand. USA light crude was up 15 cents at $73.40. The recent increase in oil prices has prompted talk that crude could reach $100 per barrel for the first time since prices slumped in mid-2014, when Brent peaked at $115 per barrel. [Full Article...]

FEMA to test emergency alert system Wednesday

FEMA to test emergency alert system Wednesday CST. " It should be reserved for true situations, true emergencies when we need to get the public's attention ", former Secretary of Homeland Security Jeh Johnson said, adding it is created to be used very specifically - and rarely. Plaintiffs compare the alert system to "hijacking private property for the objective of planting a Government-controlled loudspeaker in the home and on the person of... [Full Article...]

Amazon raising minimum wage to $15 for all USA employees

Amazon raising minimum wage to $15 for all USA employees The company said more than 250,000 of the company's employees will benefit from the wage hike. Also, Amazon will start advocating for a higher federal minimum wage, which has been $7.25 since 2009. At $15, a worker who works eight hours a day and 261 days a year would make $31,320. New York state announced similar measures for New York City residents as part of its 2016-17 budget, with... [Full Article...]

Amazon to raise minimum wage to $15 for USA employees

The current UK minimum wage is £7.83 for workers over the age of 25 and the minimum wage now paid to UK Amazon workers is £8 an hour, meaning they will get a minimum increase in pay of 18%. That's the fastest annual gain since the Great Recession ended. On Tuesday, fast food workers in MI are going to kick off a series of protests in the Midwest and elsewhere around the country in support of uni... [Full Article...]

Elon Musk To Step Down As Chairman But Remain CEO

Elon Musk To Step Down As Chairman But Remain CEO These 7 tweets about taking the company private have proven to be pricey enough and Tesla and Musk combined have to pay a hefty price of $40 million to settle the case. They also hoped the row would cap several months of volatility around Tesla's shares driven in part by a series of rows over Musk's tweets and public pronouncements. [Full Article...]

Brent oil hits highest since 2014 before US sanctions on Iran bite

Brent oil hits highest since 2014 before US sanctions on Iran bite US West Texas Intermediate (WTI) crude futures CLc1 were up 37 cents, or 0.5 percent, at $73.62 a barrel. Brent crude, the global benchmark, added $2.25, or 2.7%, to $84.98 and is also at a almost. "If Chinese refiners do comply with US sanctions more fully than expected, then the market balance is likely to tighten even more aggressively", Edward Bell, commodity analyst at Emirates NBD bank wrote... [Full Article...]

New NAFTA deal could have impact on regional auto industry

All of that earned the administration wary praise Monday from business groups, farmers, investors and even some Democratic lawmakers. Trade analysts said a provision in the agreement dealing with currency manipulation gives Mr. Canada and the USA have agreed a basis for the revised North American Free Trade Agreement (NAFTA ), reaching a compromise in late-night talks on Sunday after months of ... [Full Article...]

Regime Change at GE: Flannery Out After a Year as CEO

Regime Change at GE: Flannery Out After a Year as CEO The company's stock was up more than 15 per cent in pre-market trading in NY shortly before 1300 GMT. Culp, the new CEO, led Danaher for 14 years until 2014. That will leave it focused on areas such as jet engines, power plants and renewable energy. He brought familiarity with many of GE's flagship business units, but that alone would not suffice. [Full Article...]

Tesla shares jump on Model 3 numbers, Musk settlement

Tesla shares jump on Model 3 numbers, Musk settlement As part of the multi-million dollars settlement, Musk will remain as the Chief Executive Officer ( CEO ), but can't take the seat as the chairman for three years . Tesla itself has also been slapped with a $20 million fine by the SEC , making Musk's tweet one of the most expensive in history. "The total package of remedies and relief announced today are specifically created to address the m... [Full Article...]


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