European Union import tariffs force Harley to rethink

Tariffs from the European Union are prompting the company to shift production of some motorcycles for the European market overseas. European officials last week imposed stiff tariffs on a wide range of USA -made goods sold within the European Uni... More..

by | Published more than a month ago
Banks are hoping for a 'miracle' Brexit deal, European Union watchdog warns
by | Monday, June 25, 2018

Banks are hoping for a 'miracle' Brexit deal, European Union watchdog warns

The letter released Sunday by Economists for Free Trade was signed by prominent supporters of a "hard Brexit ", including ex-U.K. Treasury chief Nigel Lawson, Conservative lawmakers John Redwood and Peter Bone...More..

Tayyip Erdogan, ruling AK Party build comfortable lead in Turkish elections
by | Monday, June 25, 2018

Tayyip Erdogan, ruling AK Party build comfortable lead in Turkish elections

Mr Erdogan's ruling Justice and Development Party, or AKP, was also hoping to retain its majority in parliament. "I thank God for showing us this attractive day", Ahmet Dindarol, 35, told Al Jazeera, as he jo...More..

by | Monday, June 25, 2018

Harley-Davidson to take big hit from European Union tariffs

But he says the ultimate goal is the removal of all tariffs so "we don't have this tit for tat on any number of products out there". The motorcycle manufacturer said in a regulatory filing that it's shiftin...More..

Harley, blaming tariffs, will shift some manufacturing overseas
by | Monday, June 25, 2018

Harley, blaming tariffs, will shift some manufacturing overseas

Harley-Davidson Inc. plans to shift some production of its iconic motorcycles out of the U.S.in response to retaliatory European Union tariffs, as President Donald Trump's trade war ripples back to American com...More..

Brexit: PM urged to speed up no-deal Brexit plans
by | Monday, June 25, 2018

Brexit: PM urged to speed up no-deal Brexit plans

Saturday marks two years since a June 23, 2016 referendum resulted in a decision to quit the 28-nation EU. With only nine months until Britain is due to leave the European Union on March 29, little is clear...More..

Italian Premier says European Union migrant draft doc to be shelved
by | Monday, June 25, 2018

Italian Premier says European Union migrant draft doc to be shelved

Political developments in Italy, a major migrant landing point, and in wealthy Germany, their top destination, have brought the EU's political crisis back. After the deadline expires the interior minister has v...More..

9000 barrels of bourbon tumble to ground after building collapses
by | Monday, June 25, 2018

9000 barrels of bourbon tumble to ground after building collapses

In fact, Mattingly believes that up to 20,000 barrels might actually have collapsed as a result of the sudden mishap, but whatever the exact estimates may be, it is clear that a lot of alcohol has been lost. Ba...More..

Rat breaches bank ATM in India, eats $18,000 worth of cash
by | Sunday, June 24, 2018

Rat breaches bank ATM in India, eats $18,000 worth of cash

USA Today reports the machine at the State Bank of India appeared to malfunctioning as patrons said it was no longer dispensing money. Authorities believe the rodent entered the machine through a tiny hole ...More..

Pound surges as Bank of England holds rates
by | Sunday, June 24, 2018

Pound surges as Bank of England holds rates

However, while MPC members Ian McCafferty and Michael Saunders had been expected to continue to vote unsuccessfully for a rise in base rates at the latest meeting, Mr Haldane's vote surprised economists and fin...More..

Greece gets 'historic' debt relief deal
by | Sunday, June 24, 2018

Greece gets 'historic' debt relief deal

The ministers were under pressure to finalize a deal that would allow Greece to safely emerge from the bailout program on August 20 and face the markets again. The additional debt relief measures announced to...More..

AMC Theatres' $20 monthly subscription plan rivals MoviePass
by | Sunday, June 24, 2018

AMC Theatres' $20 monthly subscription plan rivals MoviePass

Twice the price for ¼ the theater network and 60% fewer movies. AMC Stubs A-List can be used at the spur of the moment or also can make planning ahead days or weeks in advance possible, as securing tickets is...More..

Greece crisis declared 'over' as eurozone agrees debt relief
by | Sunday, June 24, 2018

Greece crisis declared 'over' as eurozone agrees debt relief

Athens faces bond repayments of around 7 percent of its output next year, the first after its third bailout ends in August. So the Greek government has committed to sticking with reforms and savings that a...More..

Tesla to close a dozen solar facilities in nine states…
by | Sunday, June 24, 2018

Tesla to close a dozen solar facilities in nine states…

Tripp , the Tesla lawyers said , had been "disruptive and combative" with colleagues and had grown disgruntled after being assigned to a new role. Data was combined with false information given to the media,...More..

You’re About to Pay Higher Online Taxes After Supreme Court Ruling
by | Sunday, June 24, 2018

You’re About to Pay Higher Online Taxes After Supreme Court Ruling

The court on Thursday revived a South Dakota law that requires retailers with more than $100,000 in annual sales in the state to pay a 4.5% tax on purchases. Instead, consumers themselves were expected to v...More..

Trump threatens 20 percent USA tariff on European Union vehicle imports
by | Saturday, June 23, 2018

Trump threatens 20 percent USA tariff on European Union vehicle imports

He has raged in public and private against trade imbalance, particularly with Germany, as it relates to auto imports. Additionally, the move could hurt thousands of auto industry workers. "And then, the Europea...More..

You can buy this Ferrari 250 GTO if you have £35,000,000
by | Saturday, June 23, 2018

You can buy this Ferrari 250 GTO if you have £35,000,000

On August 25, when it goes under the hammer at Sotheby's flagship Monterey event , it will be the most valuable vehicle ever offered at auction. The Ferrari 250 GTO on offer, chassis no. "This is just the ...More..

Iran says doesn't think OPEC can reach deal
by | Saturday, June 23, 2018

Iran says doesn't think OPEC can reach deal

Opec edged closer on Thursday toward raising oil output, with Iran softening its opposition to an increase and Saudi Arabia warning of supply shortages and price rallies if production remained stable. The r...More..

Global shares rise, oil prices jump on OPEC news
by | Saturday, June 23, 2018

Global shares rise, oil prices jump on OPEC news

OPEC said in a statement that it would raise supply by returning to 100 percent compliance with previously agreed output cuts, but gave no concrete figures. oil, and an easing of American demand for energy s...More..

WTI keeps rising and hits $69.00 after OPEC agreement
by | Saturday, June 23, 2018

WTI keeps rising and hits $69.00 after OPEC agreement

The group planned to cut output by two percent, about 18 million barrels a day. Prices had rallied in 5 waves and after that the correction which we saw can be termed as wave a and now prices could have a pul...More..

Marijuana to be legal in Canada Oct. 17: Trudeau
by | Saturday, June 23, 2018

Marijuana to be legal in Canada Oct. 17: Trudeau

Currently, 29 states have legalized medical marijuana , with nine of those going the whole way and opening it up to personal use. When asked if the government is considering amnesty or pardons for people who...More..

Saudi Stocks Receive Emerging Markets Upgrade From MSCI
by | Saturday, June 23, 2018

Saudi Stocks Receive Emerging Markets Upgrade From MSCI

Argentina's bourse, which now has a market capitalization of US$ 98 billion, was relegated in 2009 after Buenos Aires introduced capital controls. For Saudi Arabia , the classification provides visible proof ...More..

by | Saturday, June 23, 2018

Kentucky lawmaker: Supreme Court internet sales tax ruling has bipartisan support

As a result, North Carolina has been losing more than $400 million a year in taxes, according to the N.C. Retail Merchants Association, which heralded the ruling . There are now significant complexities in the...More..

Energy Stocks To Watch Ahead Of OPEC Meetings
by | Friday, June 22, 2018

Energy Stocks To Watch Ahead Of OPEC Meetings

Pradhan said at an OPEC conference in Vienna. The Iranian publication Seda quoted anonymous sources as saying Zanganeh told the other producers that the proposed increase would pave the way for cuts in Ir...More..

European Union to impose duties on United States imports on Friday after Trump tariffs
by | Friday, June 22, 2018

European Union to impose duties on United States imports on Friday after Trump tariffs

President Donald Trump's decision to hit the European Union with tariffs on steel and aluminum, will apply from Friday, the Commission said in a press release . Speaking in Ireland , he said: "The trade...More..

China threatens to go after Dow index giants next in trade war
by | Friday, June 22, 2018

China threatens to go after Dow index giants next in trade war

However, many lawmakers have expressed concerns that the tariffs will escalate into a trade war that will ultimately hurt American interests. Canada also promised retaliatory tariffs worth $12.8bn on Uni...More..

by | Friday, June 22, 2018

Saudi Sides with Oil Consumers as OPEC Nears Pivotal Talks

Other OPEC-members, including Iran, have opposed this, resulting in a flurry of backdoor diplomacy ahead of the meeting, which starts on Friday. More important to Saudi Arabia than extra petrodollars is conta...More..

Trump Trade Adviser Doesn't Know About iPhone Trade Exemption
by | Thursday, June 21, 2018

Trump Trade Adviser Doesn't Know About iPhone Trade Exemption

In a post illustrated with an unflattering picture of Trump with his hair flying in the wind, the ruling Communist Party's People's Daily said on its WeChat account that China had the confidence and the abili...More..

Trump Slams Germany Amid Border Policy Outcry: Migrants ‘Violently Changed Their Culture’
by | Thursday, June 21, 2018

Trump Slams Germany Amid Border Policy Outcry: Migrants ‘Violently Changed Their Culture’

Seehofer wants to turn back any refugee who is already registered in another European Union country or who has already applied for asylum in Germany and been refused. On Tuesday, she's meeting with French ...More..

India Urges OPEC Nations To
by | Thursday, June 21, 2018

India Urges OPEC Nations To "Fill Supply Gap", Ensure Sustainable Prices

Iran is usually not part of the committee, which groups Russia , Saudi Arabia , the United Arab Emirates , Oman, Kuwait, Algeria and Venezuela . Russia, which is not in OPEC, has proposed producers raise ...More..