Jaguar Land Rover issues stark warning on 'bad Brexit'

His comments came after JLR chief executive Speth yesterday warned that the India-owned British firm's future may not be in the United Kingdom if a hard Brexit comes to pass. Jaguar Land Rover, which was bought by Tata a decade ago and employs more... More..

by | Published more than a month ago
Europe's Top Speed Trading Firm Flow Traders Join the Crypto-Economy
by | Monday, July 09, 2018

Europe's Top Speed Trading Firm Flow Traders Join the Crypto-Economy

On its part, the Dutch Authority for the Financial Market has remained strongly opposed to crypto, releasing a statement where it described it as "prone to abuse" and "not an asset class". He stated that the ...More..

ZTE changes CEO to comply with US deal
by | Monday, July 09, 2018

ZTE changes CEO to comply with US deal

ZTE's major operations were halted in April after it was hit with a supplier ban from the United States, saying it broke an agreement to discipline executives who conspired to evade USA sanctions on Iran and ...More..

Stocks with Perfect Investment Pair: BHP Billiton plc (NYSE:BBL)
by | Monday, July 09, 2018

Stocks with Perfect Investment Pair: BHP Billiton plc (NYSE:BBL)

Analyses consensus rating score stands at 1.8. A company that manages their assets well will have a high return, while if manages their assets poorly will have a low return. Historical statistical volatility is...More..

Netflix Testing New, Pricier ‘Ultra’ Subscription Tier
by | Monday, July 09, 2018

Netflix Testing New, Pricier ‘Ultra’ Subscription Tier

Netflix is about to go into ultra mode. With the second option, both Premium and Ultra customers would have the ability to stream UHD content concurrently on four screens, but Ultra consumers would have the ext...More..

by | Sunday, July 08, 2018

Canada trade deficit expands as imports rise, exports edge down

Exports increased $84.5 billion or 8.8 percent. In the meantime, import volumes rose 1.2 percent on the month. After struggling through the middle part of past year, exports had seen a revival in recent months ...More..

U.S. Jobs Report Underlines The Case For Rate Hikes
by | Sunday, July 08, 2018

U.S. Jobs Report Underlines The Case For Rate Hikes

Services sectors, meanwhile, lost 14,700 jobs mostly because of big decreases in accommodation and food services positions as well as wholesale and trade. Wage growth is barely keeping ahead of inflation, which...More..

by | Sunday, July 08, 2018

June was solid hiring month for business services and factories

In June, the United States unemployment rate unexpectedly rose to 4% from 3.8% the month before, coming off an 18-year low. Ontario added 34,900 jobs for an increase of 0.5 per cent compared with the previous...More..

Zuckerberg jumps ahead of Buffett to become third-richest person alive
by | Sunday, July 08, 2018

Zuckerberg jumps ahead of Buffett to become third-richest person alive

The 34-year-old now trails behind Amazon founder Jeff Bezos and Microsoft co-founder Bill Gates , taking over the third spot from Buffett on Friday, Bloomberg reported. Buffett, who once ranked as the world'...More..

by | Sunday, July 08, 2018

US job growth underscores economy's strength, tariffs a threat

The unemployment rate rose as an additional 601,000 Americans entered the labor force, meaning a strengthening labor market appears to have actually coaxed some workers back into the labor force. One area that ...More..

Sonos files to raise up to $100M in IPO
by | Saturday, July 07, 2018

Sonos files to raise up to $100M in IPO

Sonos , a pioneer in the market for internet-connected speakers, is targeting a valuation of $2.5 billion to $3 billion in the IPO, said people familiar with the matter in April, who asked not to be identified ...More..

Oil near high despite Trump's Opec demand
by | Saturday, July 07, 2018

Oil near high despite Trump's Opec demand

Oil output cuts by Opec and allies, including Russian Federation, since January 2017 have reduced a glut of crude. Trump has criticized the "OPEC Monopoly" in recent days for not doing enough to reduce oil ...More..

United States increases tariffs on Chinese imports, Beijing reciprocates
by | Saturday, July 07, 2018

United States increases tariffs on Chinese imports, Beijing reciprocates

But if the issue is not resolved and Trump raises the stakes to tariffs on $ 800 billion imports from all major trading partners, everyone will feel the bite. The tension between these factions is occasiona...More..

Micron Bounces Back From Chinese Lawsuit
by | Saturday, July 07, 2018

Micron Bounces Back From Chinese Lawsuit

The patent infringement claims of United Microelectronics ( UMC ) and Jinhua Integrated Circuit were filed against Micron in retaliation for criminal indictments filed by Taiwan authorities against UMC ...More..

USA tariffs take effect, China warns of 'counterattack'
by | Saturday, July 07, 2018

USA tariffs take effect, China warns of 'counterattack'

Chinese President Xi Jinping's government has issued a list of US goods for possible retaliation, but the Commerce Ministry said it will wait to see what Washington does. US companies had US$256 billion i...More..

Hispanic Unemployment Rate Sinks to All-Time Low in June
by | Friday, July 06, 2018

Hispanic Unemployment Rate Sinks to All-Time Low in June

The figures for the previous two months were also revised higher. The image makes a distinction: red columns point to monthly changes under the Bush and Trump administrations, while blue columns point to monthl...More..

The dollar is sliding as US-China trade war materializes
by | Friday, July 06, 2018

The dollar is sliding as US-China trade war materializes

China's commerce ministry, in a statement shortly after the U.S. deadline passed at 04:01 GMT on Friday, said that it was forced to retaliate, meaning imported United States goods including cars, soybeans, an...More..

Remainder of whiskey warehouse collapses in Kentucky
by | Friday, July 06, 2018

Remainder of whiskey warehouse collapses in Kentucky

WLKY says the Bardstown Fire Department is now responding to the scene, where hundreds of bourbon barrels have fallen in the building collapse. After the first collapse, Sazerac, the distillery's parent comp...More..

Trump says NAFTA must wait for U.S. congressional polls
by | Friday, July 06, 2018

Trump says NAFTA must wait for U.S. congressional polls

Until Lopez Obrador is sworn in, members of the current Mexican administration will continue to serve as the country's lead NAFTA negotiators, the official said. The start time was also pushed back to make it m...More..

WRAPUP 4-China's yuan gains on PBOC's calming words, stock markets unconvinced
by | Thursday, July 05, 2018

WRAPUP 4-China's yuan gains on PBOC's calming words, stock markets unconvinced

The 3 percent drop in the yuan against the dollar over the past two weeks is in part a retracement of its outperformance from February to mid-June, the Morgan Stanley economists said. trade deficit, thereby b...More..

Trump to OPEC: 'Reduce pricing now!'
by | Thursday, July 05, 2018

Trump to OPEC: 'Reduce pricing now!'

Irritated by what he feels is a lack of cooperation from the Saudis who head OPEC, added: "If anything, they are driving prices higher as the United States defends many of their members for very little $'s". "W...More..

Saudi says ready to pump more oil to balance market
by | Thursday, July 05, 2018

Saudi says ready to pump more oil to balance market

With oil prices rising ahead of US November midterm elections, Mr Trump has tweeted his frustration three times to no avail. Brent crude oil fell to $77.82 a barrel on Monday, a drop of $1.41, while WTI...More..

MSP for paddy hiked by Rs. 200
by | Thursday, July 05, 2018

MSP for paddy hiked by Rs. 200

According to the list, the MSP of common grade paddy has been fixed at Rs 1,750 per quintal. States would be allowed to empanel private firms via transparent bidding for purchase of farm produce when prices fal...More..

Coinbase’s New Custody Service Opens Its Doors
by | Thursday, July 05, 2018

Coinbase’s New Custody Service Opens Its Doors

In order to comply with the regulations, the platform has claimed that prior to the launch of its new service, Coinbase had a talk with the concerned authorities - Securities and Exchange Commission [SEC]...More..

The Commerce Dept. Blasts Chinese Telecom as a National Security Risk
by | Thursday, July 05, 2018

The Commerce Dept. Blasts Chinese Telecom as a National Security Risk

NTIA is a branch of the Commerce Department. Concerns about national security prompted the Trump administration to recommend preventing China Mobile from entering the USA telecommunications market. In March...More..

How to Watch Nathan's Hot Dog Eating Contest Live Online
by | Thursday, July 05, 2018

How to Watch Nathan's Hot Dog Eating Contest Live Online

Joey Chestnut of San Jose, California , center, smiles while stuffing hot dogs into his mouth next to his opponent, Takeru Kobayashi of Nagano, Japan, right, during Nathan's Famous Fourth of July hot dog eati...More..

China presses Europe for anti-U.S. alliance on trade
by | Thursday, July 05, 2018

China presses Europe for anti-U.S. alliance on trade

European Commission spokesman Margaritis Schinas said the U.S. investigation into the possibility of motor tariffs "lacks legitimacy, factual basis and violates global trade rules", like last month's USA tari...More..

Chinese tycoon dies in freak fall in France
by | Thursday, July 05, 2018

Chinese tycoon dies in freak fall in France

One of HNA's dollar bonds due in 2018 fell 1.5 cents on the dollar, the biggest drop since December 12, as of 4:59 p.m.in Hong Kong, according to Bloomberg prices. "He tried to climb a low wall to see the view ...More..

Hyundai says FCA buyout rumor 'totally groundless'
by | Wednesday, July 04, 2018

Hyundai says FCA buyout rumor 'totally groundless'

It's believed Hyundai is simply waiting for FCA stock prices to drop. Hyundai has denied rumors that it is planning a massive buyout of FCA shortly before chief executive Sergio Marchionne steps down. If Hy...More..

by | Wednesday, July 04, 2018

USA allows ZTE to resume some business

The Commerce Department cautioned that the denial order is still in place and that the waivers allow for limited activity, such as maintaining and supporting existing networks or equipment. It is not immediatel...More..