U.S. official warns of more actions against Turkey if pastor not freed

As of 0353 GMT on Wednesday, an index that tracks the dollar against the euro, yen and four other currencies.DXY rose 0.1 percent to trade as high as 96.862, its highest level since reaching 97.447 on June 27, 2017. Banks can extend the maturities, r... More..

by | Published more than a month ago
Erdogan calls on Turkey to 'boycott' iPhones and other U.S. electronic goods
by | Wednesday, August 15, 2018

Erdogan calls on Turkey to 'boycott' iPhones and other U.S. electronic goods

Erdogan said the nation of 80 million people would stop buying American electronics, condemning the "explicit economic attack" against his country. Apple, iPhone, and iPad are trademarks of Apple Inc., regist...More..

Kansas governor concedes defeat in Republican primary
by | Wednesday, August 15, 2018

Kansas governor concedes defeat in Republican primary

Christine Hallquist made history as the first transgender candidate for a state's governorship after winning the Democratic primary in Vermont on Tuesday. And in Minnesota, Andrea Jenkins became the first ope...More..

Iran offers discount oil to Asia
by | Wednesday, August 15, 2018

Iran offers discount oil to Asia

OPEC agreed in June to increase output by one million bpd in a bid to prevent sharp rallies in crude prices that could potentially curb consumer demand. In terms of oil demand growth, in the worst-case scenario...More..

Turkey's Erdogan pledges boycott on USA electronics
by | Tuesday, August 14, 2018

Turkey's Erdogan pledges boycott on USA electronics

President Donald Trump threatened to double tariffs in retaliation for failing to release pastor Andrew Brunson . Turkey will "start looking for new friends and allies" if Washington maintains its "misguid...More..

Investors Flee Emerging Markets Amid Lira Crisis
by | Tuesday, August 14, 2018

Investors Flee Emerging Markets Amid Lira Crisis

Two additional factors are exacerbating the crisis. The Associated Press reported that Turkish President Recep Tayyip Erdogan did not clarify how the boycott would be enforced in an announcement of the me...More..

Musk in talks with Saudi fund, others on Tesla buyout
by | Tuesday, August 14, 2018

Musk in talks with Saudi fund, others on Tesla buyout

CEO Elon Musk provided insight Monday behind his " funding secured " comment made last week when he floated the idea of taking the automaker private. The PIF board is headed by the Crown Prince Mohammed bin...More..

Sydney rises in the Economist's global liveability rankings
by | Tuesday, August 14, 2018

Sydney rises in the Economist's global liveability rankings

The least liveable of the 140 cities assessed were Nigeria's Lagos, Bangladesh's Dhaka, with the Syrian city of Damascus at the bottom. The ranking is based on five parameters: Political and Social Stability,...More..

Tragedy on the Mendocino Complex; Authorities Announce Firefighter fatality
by | Tuesday, August 14, 2018

Tragedy on the Mendocino Complex; Authorities Announce Firefighter fatality

He's being held on $1 million bail, and faces a maximum sentence of life in prison if convicted. "Both were in for quite a shock when they returned home to a well-fed fish!" read the Cal Fire tweet . Crews a...More..

Rupee breaches 70/$ as investors turn jittery over Turkish currency turmoil
by | Tuesday, August 14, 2018

Rupee breaches 70/$ as investors turn jittery over Turkish currency turmoil

Nervous investors were keeping an eye on developments in Ankara after yesterday's bloodletting that saw the lira hit record lows against the dollar and euro , and equity markets go into freefall on concerns ...More..

Stocks in Asia trade mixed; dollar slips with yen
by | Tuesday, August 14, 2018

Stocks in Asia trade mixed; dollar slips with yen

Emerging market currencies and equities have also fallen in value since Friday, while investments seen as safe havens, such as the us dollar , Treasury bonds, gold and the Japanese yen have strengthened. H...More..

Seattle airport reviewing security after plane theft - 8/13/2018 1:49:09 PM
by | Tuesday, August 14, 2018

Seattle airport reviewing security after plane theft - 8/13/2018 1:49:09 PM

It normally carries 76 passengers. According to the Pierce County Sheriff's Department, there was no indication that the incident was an act of terror. "The wings are off, the fuselage is, I think, kind of ...More..

Saudi Arabia's PIF has shown no interest in bankrolling Tesla buyout
by | Monday, August 13, 2018

Saudi Arabia's PIF has shown no interest in bankrolling Tesla buyout

One tweet on Tuesday said that funding to take Tesla private was "secure". So, even if Musk did post the tweet hoping to damage short sellers by boosting Tesla stock price, it wouldn't be illegal unless it we...More..

Turkey's central bank launches economic-stability plan
by | Monday, August 13, 2018

Turkey's central bank launches economic-stability plan

Relations between the countries soured after Trump threatened to impose sanctions on Turkey over terror-linked American Pastor Andrew Craig Brunson, who was arrested in the Aegean province of Izmir in Decem...More..

Saudi Arabia eyes enlarged stake in Musk’s private Tesla
by | Monday, August 13, 2018

Saudi Arabia eyes enlarged stake in Musk’s private Tesla

They then held several additional meetings with me over the next year to reiterate this interest and to try to move forward with a going private transaction. Musk's August 7 tweets helped push Tesla's stock p...More..

Telecom lifts Nasdaq, Dow and S&P close with modest losses
by | Sunday, August 12, 2018

Telecom lifts Nasdaq, Dow and S&P close with modest losses

The Dow Jones Small-Cap Growth TSM Index closed at 10,474.34 for a loss of -18.84 points or -0.18%. Lam Research, Micron, Applied Materials and ON Semiconductor fell between 1 percent and 4.7 percent. Marke...More..

China to hit US LNG imports with tariff
by | Sunday, August 12, 2018

China to hit US LNG imports with tariff

The new tariffs will take effect on August 23, matching exactly a new round of US tariffs on Chinese goods announced Tuesday by the Trump administration. "It now seems unavoidable that the US and China will lev...More..

BTC Mid-Week Analysis: Bitcoin Crashes as SEC Postpones Decision on Bitcoin ETF
by | Saturday, August 11, 2018

BTC Mid-Week Analysis: Bitcoin Crashes as SEC Postpones Decision on Bitcoin ETF

It targeted September 30 as the date on which it will either approve or disapprove the CBOE rule change that would allow the ETF. The latest Bitcoin news is that Bitcoin ( BTC ) has taken a major hit th...More..

Ryanair flights grounded as pilots strike
by | Saturday, August 11, 2018

Ryanair flights grounded as pilots strike

Anyone whose flight is expected to be disrupted will receive an email or SMS text advising them of the news, Ryanair said , with the status of individual flights able to be checked on its website . The unions...More..

Trump doubles metal tariffs on Turkey as lira falls by 20%
by | Saturday, August 11, 2018

Trump doubles metal tariffs on Turkey as lira falls by 20%

Turkey's currency fell Friday after its economy was rattled by the United States' move to slap the country with more tariffs . The CDS surge shows investors are betting Turkey will now have more trouble pa...More..

Russia To Decide Retaliatory Measures To US Sanctions: Ministry
by | Friday, August 10, 2018

Russia To Decide Retaliatory Measures To US Sanctions: Ministry

In a statement Wednesday, State Department spokeswoman Heather Nauert said the U.S. had made this decision on Monday, and accused Russian Federation of violating worldwide law. Several members of Congress had e...More..

NY moves to cap Uber, app-ride vehicles
by | Thursday, August 09, 2018

NY moves to cap Uber, app-ride vehicles

The City Council also passed a bill today addressing minimum pay for drivers. "The City's 12-month pause on new vehicle licenses will threaten one of the few reliable transportation options while doing noth...More..

Chinese exports accelerate as fresh United States tariffs loom
by | Thursday, August 09, 2018

Chinese exports accelerate as fresh United States tariffs loom

Chinese imports worth $34 billion would be subject to the new 25% tariff as of July 6 , with another $16 billion worth of imports subject to the tariff at a later date.China retaliateswith an equivalent set of...More..

Snap Reports First Drop in Snapchat Daily Users, Saudi Prince Takes Stake
by | Thursday, August 09, 2018

Snap Reports First Drop in Snapchat Daily Users, Saudi Prince Takes Stake

On the upside, the company reported second quarter revenues of $262.3m against analyst estimates of $249.8m, up 44% over the same period past year, and a loss of $0.14 earnings per share against a loss esti...More..

Oil drops on slowing Chinese demand, US-China trade spat
by | Thursday, August 09, 2018

Oil drops on slowing Chinese demand, US-China trade spat

Prices drew some support from US sanctions against Iran, introduced Tuesday in a range of sectors. Hindustan Petroleum was said to have cancelled a crude oil shipment from Iran after its insurer refused to ...More..

Wall Street sees funding hurdle to Musk's plan to take Tesla private
by | Wednesday, August 08, 2018

Wall Street sees funding hurdle to Musk's plan to take Tesla private

The board has met several times over the last week and is taking the appropriate next steps to evaluate. Board members said that Tesla boss Elon Musk and had held several meetings about the move in the past...More..

Premier Doug Ford Announces Return of 'Buck-a-Beer' to Ontario
by | Wednesday, August 08, 2018

Premier Doug Ford Announces Return of 'Buck-a-Beer' to Ontario

They are going to brew a Buck a Beer, high quality, special product to take advantage of the opportunities here. "We're bringing back a buck-a-beer to Ontario". Ford campaigned on the idea of lowering beer pr...More..

Trump says tariffs 'working far better' than anticipated
by | Wednesday, August 08, 2018

Trump says tariffs 'working far better' than anticipated

China , which purchased nearly 14 percent of all U.S. LNG shipped between February 2016 and May 2018, has taken delivery from just one vessel that left the United States in June and none so far in July, compa...More..

Elon Musk tweets he may take Tesla private and shares roar
by | Wednesday, August 08, 2018

Elon Musk tweets he may take Tesla private and shares roar

Musk's efforts to rein in spending and boost Model 3 production to 5,000 vehicles a week, in part by running production lines inside a giant tent on the grounds of Tesla's Freemont, Calif., factory. A buyou...More..

Elon Musk indicates taking Tesla private as he posts 'funding secured' tweet
by | Tuesday, August 07, 2018

Elon Musk indicates taking Tesla private as he posts 'funding secured' tweet

Some outlets are questioning whether or not the tweet came from Musk himself, but considering how Tesla's stock price reacted to the tweet (at the time of writing, it's up nearly $20 per share over its opening ...More..

Dead baby found on plane at LaGuardia Airport
by | Tuesday, August 07, 2018

Dead baby found on plane at LaGuardia Airport

The American Airlines flight, AA 1942, landed at LaGuardia Airport in NY around 10:45 p.m. Monday. The fetus was found inside the plane's lavatory early Tuesday morning and authorities were called around 6 ...More..

Facebook asks U.S. banks to share customer details
by | Tuesday, August 07, 2018

Facebook asks U.S. banks to share customer details

Facebook is now discussing partnership ideas with firms like Citigroup Inc., Wells Fargo , and JPMorgan Chase , but the Cambridge Analytica incident has reportedly caused at least "one large US bank" to p...More..

PepsiCo CEO Indra Nooyi steps down
by | Monday, August 06, 2018

PepsiCo CEO Indra Nooyi steps down

She also led the acquisition of Tropicana and the merger with Quaker Oats that brought the vital Quaker and Gatorade businesses to PepsiCo, the merger with PepsiCo's anchor bottlers, and the acquisition of Wimm...More..

Crude palm oil futures slide on low demand
by | Sunday, August 05, 2018

Crude palm oil futures slide on low demand

Meanwhile, Opec's July output climbed as Saudi Arabia pumped near-record volumes and Russian Federation boosted production to levels not seen since it joined the cartel in a coordinated cut two years ago. Oil...More..

Ryanair's Irish pilots stage fourth day of strikes
by | Sunday, August 05, 2018

Ryanair's Irish pilots stage fourth day of strikes

Norwegian is seeking to hire captains and first officers certified to fly Boeing 737 aircraft and will nearly double the number of flight crews at its Dublin base, it said on Friday. "After a year of negotiatio...More..