Markets

American companies in China have much at stake in the trade dispute

American companies in China have much at stake in the trade dispute

After repeated pledges by Beijing to open up sectors such as financial services have yielded little substantial progress, Mr Trump has said the United States will no longer let China take advantage of it on trade. The expert stresses that some sectors of the United States economy could benefit from the battle of tariffs, even if the majority lose. China's global surpluses are now far below the US negotiating targets of a few years ago, China has spent about $ 1 trillion propping ... Read More

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Job growth slows down in March

Job growth slows down in March

Still, through the first three months of the year, employers have added an average of 202,000 workers to payrolls, outpacing 2017's average monthly growth of 182,000. Employment in both retail trade and construction declined over the month by 4,000 and 15,000 jobs, respectively, which could be related to March's bad weather. Read More

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All about 'Sugar tax 2018' which comes into force today

All about 'Sugar tax 2018' which comes into force today

Britain on Friday joined France, Norway and Mexico in rolling out a sugar tax on soft drinks in an attempt to tackle obesity and tooth decay in children . The reason given for the former is because they do not carry added sugar and the latter due to their calcium content. "The levy is a ground-breaking policy that will help to reduce sugar intake", said Public Health Minister Steve Brine. Read More

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UFC star McGregor arraigned in melee

UFC star McGregor arraigned in melee

The bus was moving slowly through the Brooklyn stadium parking lot at the time. McGregor has been charged with several misdemeanours, including 13 counts of menacing, four counts of assault (recklessly cause physical injury to another person), one count of attempted assault with intent to cause physical injury, and one count of reckless endangerment. Read More

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Disney makes offer for Sky News

Disney makes offer for Sky News

Murdoch's plans have run into competition problems. Sky News could be sold to Disney , regardless of whether the Walt Disney Company goes ahead with its purchase of Twenty-First Century Fox. As the Sky deal remained in regulatory limbo, Fox separately agreed to sell a string of assets, including its 39 percent stake in Sky, to Disney, potentially taking Murdoch out of the Sky equation. Read More

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Sabotaged Census: Citizenship question guarantees undercount

Sabotaged Census: Citizenship question guarantees undercount

California and NY vowed to sue to block the move, saying it will deter immigrants from participating. "The goal is to determine individuals who are here", White House spokeswoman Sarah Sanders said on Tuesday. As early as September of previous year, months before the announcement that the question was a possibility, Census researchers spoke up about exactly these concerns. Read More

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Crude Oil Takes Breather After Strong Rally

Crude Oil Takes Breather After Strong Rally

Shanghai crude oil futures opened up more than six per cent on Monday with nearly 20 million barrels of the most-active September contract changing hands. Futures for September settlement opened at 440 yuan a barrel, up from a reference price of 416 yuan. In Asia, Shanghai crude oil futures debuted strongly in terms of volume as investors and commodity merchants bought into the world´s newest financial oil trading instrument. Read More

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Waymo Says Its Driverless Technology Is Safe

Waymo Says Its Driverless Technology Is Safe

The company has plans to roll out a ride service to the public in the Phoenix area in the coming months, with plans to later launch it more widely. "The alliance with Jaguar will give Waymo a way to appeal to passengers who want to ride in a more luxurious auto or want to avoid the pollution caused by vehicles fueled by gasoline", A.P. Read More

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China trade war over tariffs sends global markets crashing

China trade war over tariffs sends global markets crashing

In response to President Donald Trump's tariff hike on steel and aluminum, China unveiled a list of US goods including pork, apples and steel pipe that it may hit with higher import duties. The Bank of England warned Thursday that increased protectionism could have a "significant negative impact" on global growth. - US Trade sanctions on Chinese imports will bring retaliatory measures. Read More

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Toys R Us Going-Out-of-Business Sale Starts March 22

Toys R Us Going-Out-of-Business Sale Starts March 22

Interview requests with KB Toys were not returned. In addition to toys and board games, Toys R Us sells electronics and video games, all of which will likely be heavily discounted up until the day the store closes. The company has not said when the location's final day would be. Toys R Us will be closing or selling all of its United States stores after filing a motion to liquidate its U.S. Read More

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Alibaba investing an additional $2bn in Lazada

Alibaba investing an additional $2bn in Lazada

Supported by huge revenue and rising prices of Alibaba's shares, its new financing at Lazada underscores the ambitious global drive to secure a larger share of the billions of dollars of a rapidly expanding online trading market. Alibaba's doubling down in Southeast Asia comes just three months after Amazon launched its Prime service in Singapore. Consultancy Frost & Sullivan forecast total gross merchandise value of e-commerce in the region to rise to $65.5 billion in 2021 from $20.5 ... Read More

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New Prague school criticized for banning pro-gun sign during protest

New Prague school criticized for banning pro-gun sign during protest

However, this was not the case in other high schools where students were suspended or prevented from walking out of the classrooms Wednesday. At some schools, hundreds of students poured out. "So, how can we take our spiritual mission at York Catholic and translate that into something that will be powerful for our entire student body". "That's what we're going to look at when we're monitoring this". Read More

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Trump and Tillerson's biggest policy disagreements

Trump and Tillerson's biggest policy disagreements

Senate to replace Rex Tillerson , supporters say. As for Tillerson , the former Exxon Mobil CEO whom Trump picked as his administration's top Cabinet official, the president said simply, "we disagreed on things". "The incoming foreign secretary is well known to Australia". As emailed to reporters, his statement clearly read: "The Secretary had every intention of staying because of the critical progress made in national security". Read More

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Freezing Rain Warning For The Stratford Area

Freezing Rain Warning For The Stratford Area

The freezing rain is expected to change to flurries early this afternoon over southwestern Ontario to the Golden Horseshoe later Sunday afternoon or early evening. Significant winter weather this kicked off on Friday after a slow commute during the afternoon rush hour, which the OPP say led to 250 collisions on roads and highways around the GTA. Read More

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BP records 'one of the strongest years'

BP records 'one of the strongest years'

The seven new projects contributed more than 500 million barrels of oil a day net new production capacity to the group and BP's 1 billion barrels of oil equivalent discovered resources in 2017 was its best result since 2004. Operating cash flow was $24.1 billion compared to $17.6 billion in 2016, increasing by a 24 percent, excluding the Gulf of Mexico oil spill payments. Read More

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South Africa: Zuma To Face Party Top Guns

South Africa: Zuma To Face Party Top Guns

The party's "top-six" leadership team is due to meet Zuma later on Sunday, party secretary-general and top-six member Ace Magashule told local media including news channel eNCA and the City Press newspaper. According to what was informed, the claim of Zuma will be examined by prosecutor Moipone Noko, who heads the group considering the document and will make recommendations to the national director of that organ, Shaun Abrahams, about whether the president should be tried. Read More

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