Abe,Trump to aim to sign trade deal next month

He also said Japan agreed to make large corn and wheat purchases from the U.S. Abe said only that agricultural product purchases, which would be conducted by the private sector, were a possibility. After an abrupt U.S. withdrawal, 11 countries circ... More..

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VMware acquires Pivotal and Carbon Black for $4.8 billion
by | Monday, August 26, 2019

VMware acquires Pivotal and Carbon Black for $4.8 billion

Ademi & O'Reilly, LLP Investigates whether Pivotal Software , Inc. has obtained a Fair Price in its sale to VMware, Inc . In a deal brokered by Dell Applied sciences Inc, VMware Inc purchased Pivotal Sof...More..

China announces new round of retaliatory tariffs on US goods
by | Sunday, August 25, 2019

China announces new round of retaliatory tariffs on US goods

The tariff is a retaliation after President Trump revealed plans for a 10% tax on $ 300bn of goods from China. The Dow Jones Industrial Average dropped more than 620 points Friday after the president directe...More..

Overstock CEO resigns over relationship with Russian 'spy'
by | Sunday, August 25, 2019

Overstock CEO resigns over relationship with Russian 'spy'

Byrne resigned yesterday after 20 years leading the company. "Though patriotic Americans are writing me in support, my presence may affect and complicate all manner of business relationships", he said . B...More..

USA stocks gain on good retailer earnings
by | Saturday, August 24, 2019

USA stocks gain on good retailer earnings

Hong Kong closed down while Shanghai and Tokyo advanced. The stock market has been volatile this month as investors try to parse conflicting signals on the US economy and determine whether a recession is on t...More..

Mass. U.S. Rep. Moulton Drops Out Of Presidential Race
by | Saturday, August 24, 2019

Mass. U.S. Rep. Moulton Drops Out Of Presidential Race

I had Marines from Texas, from MA, from all over. The congressman failed to register in national or statewide polls and did not garner the needed fundraising to qualify for either the June or July Democratic...More..

Former Union Minister Arun Jaitley passes away at 66
by | Saturday, August 24, 2019

Former Union Minister Arun Jaitley passes away at 66

Arun Jaitley ji's demise is an irreparable loss to the nation", and Harsimrat Kaur Badal, India's Union Cabinet Minister of Food Processing, said, "Arun Jaitley ji's passing has left a void for all of us. Sev...More..

What is The Reason Behind Amazon Rainforest Fire? Read on
by | Saturday, August 24, 2019

What is The Reason Behind Amazon Rainforest Fire? Read on

British Prime Minister Boris Johnson tweeted that the fires were "not only heartbreaking, they are an worldwide crisis", while a spokeswoman said Johnson would use the summit to call for a renewed focus on pr...More..

China hits USA with tariffs on $75 billion worth of goods
by | Saturday, August 24, 2019

China hits USA with tariffs on $75 billion worth of goods

US agricultural commodities groups have had enough with trade tariffs and the lack of progress. President Donald Trump announced on Friday a new round of tariffs on China set to start October 1 in the ...More..

Conservative radio host Joe Walsh may run against Trump
by | Saturday, August 24, 2019

Conservative radio host Joe Walsh may run against Trump

But more importantly, these are not conventional times . Connecticut Democratic Sen. Chris Murphy, confirmed Thursday that he spoke with the White House about the issue, saying that "they have not walked awa...More..

Centre announces capital infusion of Rs 70,000 crore to public sector banks
by | Saturday, August 24, 2019

Centre announces capital infusion of Rs 70,000 crore to public sector banks

The enhanced surcharge on foreign portfolio investors levied in the Budget has also been withdrawn. She also said, "All pending GST refund due to Ministry of Micro, Small and Medium Enterprises ( MSME ) w...More..

Fed will remain flexible, rates not on preset course: minutes
by | Friday, August 23, 2019

Fed will remain flexible, rates not on preset course: minutes

By Craig TorresFederal Reserve officials viewed their interest-rate cut last month as insurance against too-low inflation and the risk of a deeper slump in business investment stemming from uncertainty over Pre...More..

China to impose new tariffs on $75bn of U.S. imports
by | Friday, August 23, 2019

China to impose new tariffs on $75bn of U.S. imports

China announced Friday it will hit U.S. soybeans, lobsters, peanut butter and other imports worth $75 billion with new tariffs in retaliation for Washington's planned duty hikes, further intensifying the bruisi...More..

Euro zone business growth recovers, but outlook worsens -PMIs
by | Friday, August 23, 2019

Euro zone business growth recovers, but outlook worsens -PMIs

IHS Markit's composite eurozone PMI, seen as a key indicator of business confidence, rose to 51.8 in August from July's three-month low of 51.5 but still bumping along at one of the weakest levels in six years....More..

Oshawa getting second pot store
by | Friday, August 23, 2019

Oshawa getting second pot store

Ontario has selected 42 operators who can apply to run the next wave of cannabis shops in the province but some analysts say the new stores still won't be enough to combat pot sold on the black market. Once the...More..

BHP drops as record dividend payout still disappoints
by | Friday, August 23, 2019

BHP drops as record dividend payout still disappoints

Boosted by higher metals prices and strong production from several mines, free cash flow was strong at US$10bn. Nevertheless, the company declared a record final dividend of 78 USA cents per share, up from 63...More..

Dow tumbles 800 points after bond market flashes a recession warning
by | Friday, August 23, 2019

Dow tumbles 800 points after bond market flashes a recession warning

It marked the first time since 2007 that 10-year bond yields fell below 2-year yields. The stocks experiencing the steepest falls included funeral company InvoCare (-7.9pc), Blackmores (-14.9pc) and informati...More..

Direct London to Sydney flights a step closer with Qanats tests
by | Friday, August 23, 2019

Direct London to Sydney flights a step closer with Qanats tests

According to the airline's press release, its test marks the first-ever direct commercial flight between NY and Sydney and only the second between London and Sydney, which are only possible due to evolving tech...More..

Amazon Sets Up Its Biggest Global Office In Hyderabad
by | Thursday, August 22, 2019

Amazon Sets Up Its Biggest Global Office In Hyderabad

The new campus has been inaugurated by Telangana Deputy Chief Minister Mohammad Mahmood Ali and IT Secretary Jayesh Ranjan. Employees walk at the entrance of Amazon's newly inaugurated largest campus buildi...More..

China warns US tariffs will 'escalate trade friction'
by | Thursday, August 22, 2019

China warns US tariffs will 'escalate trade friction'

The same was promised by the State Council Tariff Committee last week, but neither Gao nor the committee clarified what steps China will take. Those are due to go ahead on more than US$100 billion of Chinese ...More..

Fed will remain flexible, rates not on 'preset course': minutes
by | Thursday, August 22, 2019

Fed will remain flexible, rates not on 'preset course': minutes

President Trump called on Powell to lower interest rates by a full percentage point, a dramatic move normally reserved for an emergency. "Policymakers discussed monetary framework, agreed current framework ...More..

Trump administration to allow for indefinite detention of illegal immigrant children
by | Wednesday, August 21, 2019

Trump administration to allow for indefinite detention of illegal immigrant children

The rule, which is certain to draw a legal challenge, would replace a 1997 court settlement that limits the amount of time USA immigration authorities can detain migrant children. Over the last four years, only...More..

Ryanair says United Kingdom flights to 'operate as scheduled' despite court ruling
by | Wednesday, August 21, 2019

Ryanair says United Kingdom flights to 'operate as scheduled' despite court ruling

The British Airline Pilots' Association says Ryanair has resorted to "bullying tactics" in its negotiation with the low-priced carrier, and the attempt to block a strike is a stall tactic. "Their attempt to b...More..

US Lawmakers Head to Switzerland to Talk Libra & Crypto
by | Wednesday, August 21, 2019

US Lawmakers Head to Switzerland to Talk Libra & Crypto

She now writes about blockchain , cryptocurrencies and business news. A six-member delegation from the House of Congress' Financial Services Committee will meet with Adrian Lobsiger, the Swiss Federal Data P...More..

Walmart Sues Tesla: Pay Us For Solar Panel Damages You Caused
by | Wednesday, August 21, 2019

Walmart Sues Tesla: Pay Us For Solar Panel Damages You Caused

The fires caused millions of dollars in damage, the lawsuit alleges. But Walmart said another fire still occurred at a California store, even though the panels had been disconnected for several months. After ...More..

Huawei gets another 90-day reprieve before U.S. technology ban takes effect
by | Tuesday, August 20, 2019

Huawei gets another 90-day reprieve before U.S. technology ban takes effect

The trade ban , which allows USA companies to maintain business ties with Huawei, expires today (August 19). It was rumored , based on unnamed sources, before the weekend, and it turned out to be accurate: ...More..

Senior White House officials eye tax cut to avert slowdown
by | Tuesday, August 20, 2019

Senior White House officials eye tax cut to avert slowdown

The talks are still in their early stages, and the officials have not decided whether to formally push Congress to approve the cut, these people said, speaking on condition of anonymity because they weren't aut...More..

Rakuten Wallet Announces Launch of Spot Trading Services for Crypto Assets
by | Tuesday, August 20, 2019

Rakuten Wallet Announces Launch of Spot Trading Services for Crypto Assets

The accounts are said to be provided by Rakuten Trust Co., Ltd., which will then move to savings accounts on Rakuten Bank, Ltd. They can start trading at Rakuten from today, via its android mobile app and...More..

World's first Porsche fails to sell at an auction
by | Tuesday, August 20, 2019

World's first Porsche fails to sell at an auction

But a current glimpse at the auctioneer's website after Saturday's much-hyped event shows a "still for sale" notice, the result of what Jalopnik calls a "weird and unsatisfying ending". "As bidding opened o...More..

President Trump Refutes Recession Fears, Praises US Econom
by | Tuesday, August 20, 2019

President Trump Refutes Recession Fears, Praises US Econom

On CNN, President Trump's Trade Adviser Peter Navarro disputed that the USA had seen an inverted yield curve , often a forerunner of recession because it signals market expectations for weaker growth ahead. "I...More..

US President Trump does not want to do business with China's Huawei
by | Monday, August 19, 2019

US President Trump does not want to do business with China's Huawei

The latest is that the Chinese company would still be allowed to work with couple of it's USA partners even though it was promised of being lifted off the United States trade blacklist. Earlier this evening, ...More..

Tyson Foods recall: What to know about latest chicken contamination
by | Monday, August 19, 2019

Tyson Foods recall: What to know about latest chicken contamination

In the meantime, the USDA's Food Safety and Inspection Service has asked that anyone who has purchased these patties discard them immediately or return them to the place of purchase. 9-oz. cardboard trays wit...More..

Crackdown Like
by | Monday, August 19, 2019

Crackdown Like "Tiananmen Square" In Hong Kong May Harm Trade Deal

The couple took that message to streets on Sunday, joining 1.7 million others at a pro-democracy rally in Hong Kong's Victoria Park, according to organizers. And with the ruling Communist Party preparing to m...More..

Oil rises as US retail sales ease recession fears
by | Sunday, August 18, 2019

Oil rises as US retail sales ease recession fears

United States retail sales rose 0.7 percent in July as consumers bought a range of goods even as they cut back on motor vehicle purchases. An inverted Treasury yield curve is historically a reliable predictor...More..

Honda unveils Acura Type S Concept ahead of Monterey debut
by | Sunday, August 18, 2019

Honda unveils Acura Type S Concept ahead of Monterey debut

Meanwhile, the Pebble Beach concept auto will also reboot the Type S badge in general. The model will be debuted on August 15 at The Quail, A Motorsports Gathering, a part of California's Monterey Car Week 20...More..