'Battle' over as Trudeau, Trump, Pena Nieto sign 'new NAFTA'

While praising the "historic" nature of the deal, Trudeau also told Trump that the progress gave "all the more reason why we need to keep working to remove the tariffs on steel and aluminium between our countries". Mexican President Pena Nieto, on ... More..

by | Published 15 days ago
Macron to meet Saudi crown prince at G20
by | Saturday, December 01, 2018

Macron to meet Saudi crown prince at G20

He was killed in what USA officials have described as an elaborate plot at the Saudi consulate in Istanbul, which he had visited for marriage paperwork. "We were told during this briefing that it was the direct...More..

Markets may have misread Powell speech, analysts say
by | Saturday, December 01, 2018

Markets may have misread Powell speech, analysts say

If the Fed, as expected, raises the fed-funds rate next month to a band between 2.25% and 2.5%, that would leave it touching the bottom of the range of neutral estimates but four more quarter-percentage-point i...More..

by | Friday, November 30, 2018

Gold Price Edges Up After Fed Comments on Rate Hikes

Minutes will be released Thursday (November 29) afternoon. The minutes showed a couple of participants felt the benchmark fed funds rate "might now be near its neutral level and that further increases in the ...More..

by | Friday, November 30, 2018

America first? Mexico, Canada push back on name of new trade deal

There is more work to be done, Trudeau said, calling the recent announcement that General Motors will close plants in Canada and the USA " a heavy blow ". The main component of the agreement includes an exemp...More..

Ex Facebook Employee Says Company
by | Friday, November 30, 2018

Ex Facebook Employee Says Company "Has A Black People Problem"

And in a recent Q&A with company leadership, workers quizzed management about a report that the company paid a firm to conduct opposition research on billionaire George Soros. "In doing so, Facebook is incr...More..

Trump signs trade deal with Mexico and Canada
by | Friday, November 30, 2018

Trump signs trade deal with Mexico and Canada

The signing by the three leaders was a formality - it was the three of them issuing a directive to their trade representatives to finish the final pact. "A vast number of technical details need to be scrubbed a...More..

US Fed chairman Powell hints at higher rates following Trump attack
by | Friday, November 30, 2018

US Fed chairman Powell hints at higher rates following Trump attack

The Fed has already raised U.S. interest rates three times this year, and the next rate hike is expected at its next policy meeting in mid-December. The Dow climbed 617 points, or 2.5 per cent, to 25,366, its...More..

United States slams harmful China trade policies, threatens auto tariffs
by | Friday, November 30, 2018

United States slams harmful China trade policies, threatens auto tariffs

The administration has also signaled its readiness to expand tariffs to cover the entire remaining portion of Chinese imports to the USA, or an additional US$265 billion worth of goods. Instead, Lighthizer's s...More..

Trudeau, Trump expresses 'disappointment' over General Motors plant closures
by | Friday, November 30, 2018

Trudeau, Trump expresses 'disappointment' over General Motors plant closures

The EU and Japan, in particular, have also drawn promises from Trump that he would not proceed with the auto tariffs as long as they are engaged in trade negotiations that are due to get underway in earnest ear...More..

May, Corbyn haggle over broadcaster of their Brexit debate
by | Friday, November 30, 2018

May, Corbyn haggle over broadcaster of their Brexit debate

However, Mrs May has rejected calls for leaders of smaller political parties to be join in, saying she and Labour leader Jeremy Corbyn represent nearly 90% of MPs in the Commons. He said: "Brexit is seen as a...More..

The Trump-Xi Meeting Isn't Just About Economics
by | Friday, November 30, 2018

The Trump-Xi Meeting Isn't Just About Economics

Despite the president's positive attitude, financial analysts and experts have painted a different picture of the ongoing trade dispute with China . "The last summits have been somewhat disappointing and mar...More..

Apple's stock sours, Microsoft's soars. Say what?!
by | Friday, November 30, 2018

Apple's stock sours, Microsoft's soars. Say what?!

This marks a momentous event for the Bill Gates-founded company, since the last time that it was hailed as more valuable than Tim Cook's business was in 2010, as per Business Insider . It generated a capital o...More..

Deutsche Bank searched in money laundering probe over Panama Papers
by | Thursday, November 29, 2018

Deutsche Bank searched in money laundering probe over Panama Papers

Deutsche Bank said it was "fully cooperating" with the authorities on the case which it said was "related to the Panama Papers ". Deutsche employees are said to have helped clients set up offshore compani...More..

Putin says Russian Federation 'satisfied' with oil at $60
by | Thursday, November 29, 2018

Putin says Russian Federation 'satisfied' with oil at $60

At the same time, Russia's Energy Minister Alexander Novak warned against hasty decisions on another U-turn in oil production policies, and said that he would be discussing potential oil production cuts wit...More..

China Tesla Sales Plunge; 70% Sales drop in October 2018
by | Thursday, November 29, 2018

China Tesla Sales Plunge; 70% Sales drop in October 2018

Representatives of China's passenger vehicle association briefed media on Tuesday, elaborating how the Sino-U.S. trade wars are affecting the U.S. electric auto maker. Tesla, led by billionaire CEO Elon Musk ,...More..

Most Britons think Brexit not worth economic hit, Sky Data poll finds
by | Thursday, November 29, 2018

Most Britons think Brexit not worth economic hit, Sky Data poll finds

Finance minister Philip Hammond said the departure deal agreed Sunday between Britain and the European Union was the optimum way to minimise the cost of leaving the bloc. Mr Carney's comments come after gover...More..

Bearish Sentiment Mounts As Bitcoin (BTC) Plunges Below $4400
by | Thursday, November 29, 2018

Bearish Sentiment Mounts As Bitcoin (BTC) Plunges Below $4400

Bitcoin (BTC ) dropped to its lowest level since October 2017 on Monday , as losses are seen across the broader crypto market . Things look like they only get worse from here. Rather it has even toppled Bitc...More..

Crypto Monster Binance to Launch Joint Stablecoin Trading Platform
by | Thursday, November 29, 2018

Crypto Monster Binance to Launch Joint Stablecoin Trading Platform

Those wishing to redeem could do so 1:1 via Bitfinex with whom we had a business to business relationship . This state of affairs was still sufficient for many exchanges, which allow users to simply exchange f...More..

Nasdaq moves ahead with plan to list Bitcoin futures despite falling price
by | Thursday, November 29, 2018

Nasdaq moves ahead with plan to list Bitcoin futures despite falling price

If implemented, Nasdaq would be following the lead of the CME and the CBOE, both of whom listed Bitcoin futures during the height of 2017's bull-run. Although there´s not a specific date defined for the launc...More..

Vacancy rates up in Victoria and Nanaimo, CHMC rent report
by | Thursday, November 29, 2018

Vacancy rates up in Victoria and Nanaimo, CHMC rent report

Even so, renters in Greater Victoria are still faced with an extremely low vacancy rate. The highest monthly rental cost for a two-bedroom apartment in the country was in Vancouver at $1,649, up 5.5 per cent ...More..

Stocks markets surge on hint of slower rate hikes
by | Thursday, November 29, 2018

Stocks markets surge on hint of slower rate hikes

Investors interpreted as Powell either changing his position on interest rates or attempting to correct the incorrect interpretation of his earlier remarks. "I'm not happy with the Fed". But in this case, eve...More..

Oil prices steady near year lows ahead of G20 and OPEC
by | Thursday, November 29, 2018

Oil prices steady near year lows ahead of G20 and OPEC

Brent for January settlement sank 27 cents to $60.21 on London's ICE Futures Europe exchange. "Exxon, Chevron, BP will survive because they are so big, but some of the smaller companies might have problems as ...More..

Unifor's Dias says Trudeau willing to join fight to save GM Oshawa
by | Thursday, November 29, 2018

Unifor's Dias says Trudeau willing to join fight to save GM Oshawa

Ford added: "To say we're disappointed is an understatement". "The first thing I said to (the president of GM) 'is there anything we can do as a province, absolutely anything, ' and the answer was no, there's...More..

Could Be A Good Medium-Term Play: Morgan Stanley, (NYSE: MS)
by | Thursday, November 29, 2018

Could Be A Good Medium-Term Play: Morgan Stanley, (NYSE: MS)

FMR LLC now owns 45,817,038 shares of the financial services provider's stock worth $2,171,728,000 after buying an additional 1,936,093 shares in the last quarter. The company has a current ratio of 0.80, a q...More..

Delivery backlogs to continue as Canada Post union calls for ‘civil disobedience’
by | Thursday, November 29, 2018

Delivery backlogs to continue as Canada Post union calls for ‘civil disobedience’

Yuen Pau Woo, leader of the independent senators' group. Canada Post workers were ordered to return to work by 12 p.m. ET on Tuesday. "The strikes come at a critical period for retailers", Harder said. Nego...More..

New Tariffs Could Hit Laptops, iPhones, Trump Says
by | Wednesday, November 28, 2018

New Tariffs Could Hit Laptops, iPhones, Trump Says

Trump has already imposed tariffs on more than $250 billion in Chinese goods - about half of the total imported each year - in an attempt to pressure the country to reverse alleged unfair trade practices, such ...More..

Pub jobs up despite rise in closures in past decade
by | Wednesday, November 28, 2018

Pub jobs up despite rise in closures in past decade

That has seen the total drop from around 50,000 pubs in 2008 to around 39,000 pubs in 2018. The closure of British pubs is a well-known story. The hipster London borough of Hackney, which in recent years ha...More..

General Motors News From Ohio, Michigan Could Hurt Trump 2020 Bid
by | Wednesday, November 28, 2018

General Motors News From Ohio, Michigan Could Hurt Trump 2020 Bid

Signage is displayed on a pedestrian bridge near the General Motors Co. "We are now looking at cutting all @GM subsidies, including". GM is shedding cars largely because it doesn't make money on them, Citi ...More..

Trump says he expects to raise tariffs on China
by | Tuesday, November 27, 2018

Trump says he expects to raise tariffs on China

Ahead of the meeting in which the United States and China are widely expected to enter a trade deal, Trump told the Wall Street Journal he expects to raise tariffs on $200 billion in Chinese imports to...More..