Stocks end slightly lower as traders shrug off trade talk

Bond yields are rising and the dollar is falling. The dollar index.DXY fell 0.77 percent, with the euro EUR= up 0.74 percent to $1.1727. The US dollar index fell after the remarks were broadcast and a stronger yen saw Tokyo's Nikkei 225 on Frid... More..

by | Published more than a month ago
Certain Ritz products recalled over salmonella concerns
by | Monday, July 23, 2018

Certain Ritz products recalled over salmonella concerns

Mars Food Canada is voluntarily recalling select Uncle Ben's rice products due to possible Salmonella contamination in the seasoning pouches. There was a similar recalled issued earlier in the week regar...More..

by | Sunday, July 22, 2018

Ritz recall: Certain snacks recalled due to salmonella concerns

There have been no complaints of illness reported to Mondelēz Global to date in connection with these products. Mars Food Canada also stated that there have been no reports of illnesses related to the recal...More..

Facebook suspends another data firm amid fresh probe
by | Sunday, July 22, 2018

Facebook suspends another data firm amid fresh probe

The Boston-based Crimson Hexagon has had contracts in recent years to analyze public Facebook data for the USA government and a Russian nonprofit tied to the Kremlin among other clients, The Wall Street Journa...More..

Hundreds of Ryanair flights cancelled in wake of strike
by | Sunday, July 22, 2018

Hundreds of Ryanair flights cancelled in wake of strike

The airline stated that unless it heard back from the union "we will issue cancellations to passengers on 16 (of over 290) flights to/from Ireland on Tuesday". By midday on Thursday the airline claimed 75 per c...More..

Trudeau shuffles Cabinet, seeking to reduce Canada's reliance on US
by | Sunday, July 22, 2018

Trudeau shuffles Cabinet, seeking to reduce Canada's reliance on US

Bill Blair, Mary Ng, Pablo Rodriguez, Filomena Tassi and Jonathan Wilkinson are the newest ministers in cabinet, which has an equal number of women and men. She had been deputy whip of the Liberal caucus. Ng ...More..

by | Sunday, July 22, 2018

Trump threatens tariffs on all $505bn of Chinese imports

As the US-China trade war continues to undermine global economic confidence, Donald Trump sparked new fears among investors last night by threatening a currency war with Beijing. That is "taking away our bi...More..

Confectionery giant to launch reduced-sugar products
by | Sunday, July 22, 2018

Confectionery giant to launch reduced-sugar products

Mr Caton said the company recognised that consumers wanted to manage their sugar intake. The new bar is in response to the nation's obesity crisis. It's been tested extensively on consumers and they love it...More..

Target Says Its ‘Prime Day’ Sale Was A Success
by | Sunday, July 22, 2018

Target Says Its ‘Prime Day’ Sale Was A Success

The online retailer experienced "technical glitches ", as well as some disappointed Australian consumers, during the flash sale, sparking the twitter hashtag, #PrimeDayFail. Moreover, the growing demand for co...More..

by | Sunday, July 22, 2018

Transgender Woman Says Pharmacist at Arizona CVS Refused to Fill Hormone Prescription

And Nicole Arteaga said a Walgreen's pharmacist refused to fill a prescription for a medication that would cause a miscarriage . Although Hall acknowledged that CVS had received a ideal score from the Human ...More..

Mike Manley Named New FCA CEO Amid Marchionne Health Crisis
by | Sunday, July 22, 2018

Mike Manley Named New FCA CEO Amid Marchionne Health Crisis

Marchionne was expected to step down from his role as CEO next year, although it was unclear who would lead the company after his exit. "The Board of Directors of Ferrari NV learned with deep sadness during...More..

Gold Price Falls; Look at Factors Governing the Rates This Week
by | Saturday, July 21, 2018

Gold Price Falls; Look at Factors Governing the Rates This Week

Index heavyweight Samsung Electronics rose 1.85 percent and SK Hynix jumped 1.24 percent. The index shed 0.25 percent on Monday, nudging away from a two-week high of 95.241 scaled on Friday ahead of Fed Chair...More..

Finally, sanitary napkins to be exempt from GST
by | Saturday, July 21, 2018

Finally, sanitary napkins to be exempt from GST

He said , lithium-ion batteries, vacuum cleaners, food grinders, mixers, storage water heaters, hair dryers, hand dryers, paint, varnishes, water cooler, milk cooler, ice cream coolers, perfumes, toilet sprays...More..

Burberry burns millions in unsold products to protect brand
by | Saturday, July 21, 2018

Burberry burns millions in unsold products to protect brand

This industry wide practice has left not just shareholders, but also environmentalists rather irritated as TheTimes report revealed that the value of Burberry's waste has gone up by 50 percent in the last two y...More..

Airbus Pips Boeing At Farnborough Airshow; Indian Airlines Make Bulk Orders
by | Saturday, July 21, 2018

Airbus Pips Boeing At Farnborough Airshow; Indian Airlines Make Bulk Orders

Not so this week, when Airbus and Boeing announced nearly 300 orders from unnamed buyers, reversing the PR rulebook. Numerous factors are at play when deciding when to reveal order plans, such as waiting for ...More..

Operations stopped at London Heathrow after reported fire alarm at control tower
by | Saturday, July 21, 2018

Operations stopped at London Heathrow after reported fire alarm at control tower

Passengers on late evening flights were told to check with the airline before leaving for the airport. It's not terribly helpful... A spokeswoman for the National Air Traffic Services said: "The control tower...More..

China says USA blaming Xi for blocking trade deal is 'bogus'
by | Saturday, July 21, 2018

China says USA blaming Xi for blocking trade deal is 'bogus'

Kudlow said. "I do not think President Xi has any intention of following through on any of the discussions we've made and I think the President is so dissatisfied with China on these so-called talks that ...More..

We walked the talk on electrification, says Modi
by | Saturday, July 21, 2018

We walked the talk on electrification, says Modi

Needless to say, none of that had happened during their long tenure. "This was quite unfortunate", he said. About 14,500 villages out of 18,000 villages not electrified were in Eastern India. All this has chang...More..

U.S. to investigate uranium imports
by | Saturday, July 21, 2018

U.S. to investigate uranium imports

The United States has begun investigating whether uranium imports threaten national security, launching a process that could lead to more tariffs being imposed on imports from Russian Federation and Central...More..

I’m ready to put tariffs on every import from China, Trump warns
by | Friday, July 20, 2018

I’m ready to put tariffs on every import from China, Trump warns

I put a very good man in the Fed. Trump has also pledged to narrow the US' trade deficit with China . Trump nominated current Fed Chair Powell, who had served as a governor on the board of the Fed, to se...More..

by | Friday, July 20, 2018

Trump Breaks Precedent in Criticizing the Fed

In a taped interview with the business channel CNBC , Trump said "I'm willing to go to 500", referring roughly to the $505.5 billion in goods imported a year ago from China . The yuan dipped to a 12-month l...More..

Microsoft posts bumper Q4, with Windows, Surface, Azure all up
by | Friday, July 20, 2018

Microsoft posts bumper Q4, with Windows, Surface, Azure all up

The results-for both the quarter and the entire fiscal year-can only be described as astonishing, especially when you consider that Microsoft is in the midst of a transition from its old business model to one...More..

by | Friday, July 20, 2018

Trump threatens tariffs on all Chinese imports

So far, the US has put tariffs on $34 billion of Chinese goods. The magnitude of the imbalance has continued into 2018, with Chinese imports totaling $205 billion in the first five months of the year and the ...More..

by | Friday, July 20, 2018

Trump says 'not thrilled' about interest rate hikes

President Trump looks on as his nominee for Federal Reserve chairman, Jerome Powell , takes to the podium at the White House on November 2. Trump called Powell "a very good man" but worries that the work th...More..

by | Friday, July 20, 2018

‘Ready to go’ with $500 billion in tariffs on China

In a statement to news channel CNBC, the US President said, "I'm ready to go 500", alluding to the Dollars 505.5 billion in Chinese imports into the US in 2017. Earlier this month, the United States imposed tar...More..

Trump or Cheap Iran Oil: Dilemma Facing Fastest Growing User
by | Friday, July 20, 2018

Trump or Cheap Iran Oil: Dilemma Facing Fastest Growing User

Instead of focusing energy policy on ways to boost USA oil production, it's pretty clear that the Administration is taking pains to develop a close working relationship with Saudi Arabia and Russian Federatio...More..

by | Friday, July 20, 2018

US Dollar Sinks as President Trump Hits Fed on Hikes

But President Trump broke with that tradition, saying in a CNBC interview , "I'm not thrilled" about the Fed's interest-rate hikes. "When the President took office there were several vacancies on the Federal...More..

Boris Johnson Resignation Statement: 'It Is Not Too Late to Save Brexit'
by | Thursday, July 19, 2018

Boris Johnson Resignation Statement: 'It Is Not Too Late to Save Brexit'

The plan has infuriated fervent Brexit supporters, who think sticking close to the bloc would limit Britain's ability to strike new trade deals around the world . "The DSRU believes that the overall aim shou...More..

United Kingdom pay growth slows to six-month low
by | Thursday, July 19, 2018

United Kingdom pay growth slows to six-month low

Summer sales meant clothes prices dropped sharply in June, and there was also drag from computer games. Without the increased price of fuel, the UK's headline rate of inflation would likely have dropped last ...More..

As Amazon Marks
by | Wednesday, July 18, 2018

As Amazon Marks "Prime Day" With Price Cuts, Jeff Bezos's Wealth Soars

His net worth has soared by US$52 billion this year, which is more than the entire fortune of Alibaba Group Holding Ltd Chairman Jack Ma, Asia's wealthiest person. Currently, Gates who is Technology giant Micr...More..