Business

by | January 11, 2019 | 11:13

Kim later met with Xi for a second consecutive day, having a luncheon around noon at the five-star Beijing Hotel, which has a long history of hosting important receptions, near Tiananmen Square and the Forbidden City. Moon, a liberal who took office in 2017, has shuttled between North Korea and the United States to facilitate high-profile nuclear diplomacy including the Kim-Trump summit in Singapore last June.

by | January 11, 2019 | 11:14

Speaking of the general public, they are not allowed into the show. Among the innovations at this year's get-together, run by the Consumer Technology Association ( CTA ), are an augmented strip club complete with virtual pole dancers and a "personal massager" you can operate from your smart watch.

by | December 27, 2018 | 08:15

Following weeks of failed talks between Trump and congressional leaders, parts of the USA government shut down on Saturday, affecting about 800,000 employees of the Departments of Homeland Security, Transportation and other agencies. Several hundred thousand USA government employees across numerous agencies are working without pay, while others have been sent hom on furlough . After a weekend and two holiday days for federal employees, Wednesday was the first regularly scheduled workday ...

by | December 23, 2018 | 00:33

At the same time, Powell tried to make clear the Fed would not blindly pursue its effort to normalize borrowing costs at the risk of inadvertently triggering a recession. "Job gains have been strong, on average, in recent months, and the unemployment rate has remained low". From its last significant bottom, the correction low of February 11, 2016, the tech-heavy gauge remains up 53 percent.

by | December 18, 2018 | 12:01

Back in November, we reported on the possibility of Google's expansion to their NY campus. Amazon.com Inc. recently announced it had split its new second headquarters in half, between the Washington, D.C., suburbs and Long Island City, in the NY borough of Queens.

by | December 14, 2018 | 09:05

On the day of the trade ceasefire, US-China relations took an unexpected turn with the high-profile arrest of Huawei Technologies chief financial officer Sabrina Meng Wanzhou in Canada. China on Wednesday made its first major purchases of US soybeans since President Donald Trump and his Chinese counterpart Xi Jinping struck a trade war truce earlier this month, providing some relief to USA farmers who have struggled to find buyers for their record-large harvest.

by | December 13, 2018 | 06:27

Energy Aspects says communicating a deal properly is imperative because the market is fragile right now. As of 15:50 GMT, Brent Crude was trading at $63.12 per barrel, up 5.09 percent. Production from the USA has also surprised on the upside, with the U.S. becoming a net exporter of crude and products for the first time in seven decades.

by | December 05, 2018 | 05:28

Global investors, who had feared for months that a protracted trade war could hurt economic growth, seemed to cheer the cease-fire on Monday, but USA markets slid back on Tuesday as it became clear that there were few concrete commitments that came out of the discussions so far.

by | December 03, 2018 | 04:54

On Air Force One , Trump told reporters he would "absolutely consider it and probably" accept such a measure. However, all eyes will now be on the negotiations because if they fail, the US' planned 25 per cent additional tariffs on Chinese goods, due to kick in earlier on Jan 1, will go ahead.

by | November 28, 2018 | 08:58

With investors speculating that all these signs point to weakness in new iPhone sales, the Wall Street Journal reported last week that Apple , in October, cut its production plan for its cheaper iPhone XR model by up to a third. "As far as other countries are concerned, that's up to them". 'The only deal would be China has to open up their country to competition from the United States , ' Trump said.

by | November 16, 2018 | 16:26

The blaze has spread across more than 150 square miles, making it one of the most destructive in the state's history. TRT World's Ediz Tiyansan reports from California. South Kitsap Fire officials said his injuries are not life-threatening. The fire is now 40 percent contained, the California Department of Forestry and Fire Protection (Cal Fire) reported.

by | November 14, 2018 | 06:32

Saudi Arabia will reduce oil supply next month in response to lower demand, and more cuts could follow next year. But the United States president undercut that headline quickly, sending crude prices plunging with a Tweet, expressing the hope that Saudi Arabia will not cut output.

by | November 07, 2018 | 11:11

The New York Times earlier reported that Amazon was near a deal to pick Long Island City , and the Wall Street Journal earlier reported that Amazon will choose two locations after deciding that one location lacked sufficient technology talent.

by | October 31, 2018 | 14:32

Finance Minister Arun Jaitley , meanwhile, has blamed the RBI's inability in identifying the problem of NPAs in Indian banks and lack of timely measures for the current crisis-like situation in the banking sector. "Government of India has never made public the subject matter of those consultations". These letters were on the government's desire for power sector non-performing assets to be reclassified, the issue of the RBI giving dividends to the Centre, and the government's desire for the ...

by | October 26, 2018 | 09:24

Saudi Arabia initially denied any part in the murder , but backtracked following an worldwide outcry over the crisis and blamed "rogue agents" for his death. How world leaders treat Riyadh going forward appears to hinge on the extent to which they believe the Saudi version of events and how much responsibility sits with the country's powerful crown prince, Mohammed bin Salman .

by | October 21, 2018 | 02:10

In the Treasuries market, the 10-year yield was little changed after earlier rising to a one-week high as the equities sell-off offset worries about the number of upcoming interest rate increases from the Fed. Bullard is not now a voting member of the Fed's rate-setting committee, but he will join that group in 2019. The Fed has always been seen as needing to remain free of political pressure to properly manage rates, and presidents have generally respected that independence, especially ...

by | October 19, 2018 | 17:30

Stephen Colbert kicked off Thursday's Late Show with a family-friendly joke about Special Counsel Robert Mueller's reported post-election report on President Trump and Russian Federation, and Sting's tantric. Khashoggi vanished on October 2 after entering the Saudi Consulate in Istanbul . In related developments, senior government officials from the United States, France, Britain and the Netherlands withdrew from an investment conference in Saudi Arabia amid questions over the ...

by | October 18, 2018 | 06:31

Late in the day, there were published reports that the Saudis were preparing to concede that Khashoggi, a US -based Saudi contributor to The Washington Post , had been killed in an interrogation gone wrong. It is estimated that at present the Saudi share in Uber - through its direct investment and the SoftBank stake - is around 14 percent. While Trump commented at the White House, Turkish crime scene investigators finally entered the Saudi consulate to comb the building where Khashoggi ...

by | October 15, 2018 | 02:19

It is also one of the top ten largest jackpots in US history. There was a $3 million winning ticket sold in Arkansas. "It's a chance. You can't win unless you play", said Jamiu Kolawole after he received his free ticket. Tickets are sold at retail outlets or online , and cut-off 59 minutes before the drawing. The winning numbers for Saturday night were 11, 14, 32, 43 and 65, with a Powerball number of 15, according to the official Powerball website .

by | October 05, 2018 | 14:13

Five of the six panel members voted to leave the rate unchanged. "The RBI policy announcement of keeping rates unchanged is a surprise", said Abhimanyu Sofat, head of research, at brokerage firm IIFL Securities Ltd, adding that if crude prices continue to surge then RBI may have to may have to frontload rate hikes.