Finance

US, Mexican negotiators set for more NAFTA talks

US, Mexican negotiators set for more NAFTA talks U.S. President Donald Trump said on Saturday that the United States could reach a "big Trade Agreement" with Mexico soon as incoming Mexican trade negotiators signaled possible solutions to energy rules and a contentious U.S. President Donald Trump said the US may be on the verge of a "big Trade Agreement" with Mexico as the Nafta representative of that nation's president-elect signaled that the t... [Full Article...]

Ryanair brings in new cabin bag rules

Ryanair brings in new cabin bag rules As indicated, the changes, which are *effective from 1 November, do not impact priority customers, who can still carry on two free bags ( one wheelie bag and one small bag ). He added: "60% of customers will be unaffected by these changes and we expect that the other 40% will either choose to buy Priority Boarding or a 10kg check bag or will choose to travel with only one (free) small bag as 30% a... [Full Article...]

Chancellor Hammond warns no deal Brexit would hurt vehicle sector

Chancellor Hammond warns no deal Brexit would hurt vehicle sector The British government published today the first 25 of 80 planned technical notices created to help businesses navigate a no-deal Brexit . After more than 40 years in the EU, Britain is having to set out its plans for every aspect of life. [Full Article...]

Deadly mass shooting at video game tournament in Florida

Deadly mass shooting at video game tournament in Florida They also said that people were being taken out on stretchers. Federal Bureau of Investigation spokesperson Dave Fitz confirmed that the agency had searched Katz's father's home in Baltimore, but declined to release further details, The Associated Press reports . [Full Article...]

Fed's Powell signals more hikes ahead if U.S. economy remains strong

Fed's Powell signals more hikes ahead if U.S. economy remains strong I'm still waiting for the headlines to read "Powell Crushes the Dollar", but I'm not holding my breath because the financial press likes it better when Trump does it, it sounds more negative. Powell did not mention Trump in a speech at a central bankers conference in Jackson Hole, Wyo . Federal Reserve chair Jerome Powell sees plenty of reasons the US economy's strong run will continue. [Full Article...]

Verizon slowed internet speed for first responders to fire

Verizon slowed internet speed for first responders to fire The FCC's new rules require internet service providers to publicly disclose how they manage traffic but charge the Federal Trade Commission - not the FCC - with handling complaints. "If folks are in a position to block or slow your access to information at a time of an emergency, that's gonna have a bad outcome", said Joe Simitian, president of the Santa Clara County Board of Supervisors. [Full Article...]

Top Trump confidant Allen Weisselberg granted immunity, called to testify

Top Trump confidant Allen Weisselberg granted immunity, called to testify In a serious blow, Cohen, Mr Trump's personal lawyer for more than a decade, pleaded guilty on Tuesday to eight criminal charges, including tax evasion, bank fraud and campaign finance violations. Such payments could be considered illegal campaign contributions under federal election law, according to experts. As an increasing number of President Trump's former associates find themselves e... [Full Article...]

WTI crude futures gain 3.07 pct on drop of inventories

WTI crude futures gain 3.07 pct on drop of inventories US crude CLc1 was up 89 cents, or 1.3 percent, at $68.72. He also pointed out something that has tended to be overlooked in the incessant focus on the geopolitical tensions involving countries such as China and Iran: alluding to the recent bigger than expected draw in USA stockpiles, he said , "There's a better fundamental picture than a year ago". [Full Article...]

Allen Weisselberg: Trump Organization CFO granted immunity in Cohen case

Weisselberg testified before a federal grand jury in the investigation earlier this year, The Journal had previously reported, citing sources familiar with the probe . On "Fox & Friends" on Friday, Penn said there is a clear double standard in how Trump and his associates have been investigated compared to Clinton over her private email server and handling of classified information. [Full Article...]

S&P hits record high, equals longest-ever bull run

S&P hits record high, equals longest-ever bull run The Nasdaq Composite Index rose 29.92 points, or 0.38 per cent, to 7,889.10. The Nasdaq composite slipped 7 points, or 0.1 percent , to 7,881. The price of oil broke a seven-week losing streak, finishing this week 5 per cent higher. Retailer Williams-Sonoma surged 16.4 per cent as it boosted its full-year sales and profit forecast following a 6.1 per cent rise in second-quarter revenues to ... [Full Article...]

U.S., Mexico Push for NAFTA Autos Deal, Eye Canada's Return

U.S., Mexico Push for NAFTA Autos Deal, Eye Canada's Return He hopes to reduce the United States trade deficit with lower-cost Mexico and claw back jobs, particularly in the automotive industry. The flags of Canada, Mexico and the US are seen on a lectern before a joint news conference on the closing of the seventh round of NAFTA talks in Mexico City, Mexico, March 5, 2018. [Full Article...]

Lira steady after Bolton says Turkey made 'big mistake' over pastor

Lira steady after Bolton says Turkey made 'big mistake' over pastor I think they're making a awful mistake. Turkey could end the currency crisis "instantly" by freeing the pastor , Trump's national security adviser , John Bolton , told Reuters earlier. "There is rule of law in Turkey and the Andrew Brunson case is a legal issue". The lira stood at 6.0550 at 0800 GMT in holiday-thinned trade, compared with a close of 6.0600 on Tuesday. [Full Article...]

Sears shutting down more stores, Upstate locations unaffected

Sears shutting down more stores, Upstate locations unaffected In 2005, when Sears merged with Kmart, it operated 2,200 stores. Sears Holdings, which owns Kmart, says it is closing 46 more stores in November, reports CNBC . Sears is also considering the sale of its Kenmore appliance brand for $400 million and had previously sold its Craftsman tool brand. According to Fast Company , large malls have seen an expanding vacancy rate by 8.3% in the first q... [Full Article...]

Gold prices extend gains as dollar sags after Donald Trump remarks

Gold prices extend gains as dollar sags after Donald Trump remarks Meanwhile, Trump also said he did not expect much progress from trade talks with China this week in Washington. The Federal Reserve last raised interest rates in June, when it signaled that it could raise them two more times this year. [Full Article...]

NY state subpoenas Cohen in Trump Foundation probe

NY state subpoenas Cohen in Trump Foundation probe Davis also said Cohen was willing to share more information about campaign finance violations. Davis was not specific about what other information Cohen might be able to offer, though he said he believed Cohen "could address topics of interest to Mr. [Full Article...]

Google Pixel 3 XL spotted sporting a certain sort of notch

Google Pixel 3 XL spotted sporting a certain sort of notch Google seems to have only made a few tweaks here and there. The device in the images sports a tall frame, lending credibility to the upcoming flagship Google smartphone . These two bloggers have since been joined by a number of other Pixel 2 XL owners who have complained that their device, which is soon to be succeeded by the Pixel 3, is also showing signs of borkage. [Full Article...]

United Kingdom to publish first batch of no-deal Brexit notices

United Kingdom to publish first batch of no-deal Brexit notices The EU has already produced 68 notices on " Brexit preparedness". Brexit Secretary Dominic Raab getting a deal was still the "top priority". Britain on Thursday outlined plans for managing the fallout in the "unlikely" scenario of Brexit talks collapsing, warning that businesses faced more customs red tape and consumers risked higher card payment charges. [Full Article...]

IHS Markit: Crude oil could hit US$100 a barrel by year-end

IHS Markit: Crude oil could hit US$100 a barrel by year-end Despite these worries, the market will likely draw support from the introduction of US sanctions against Iran, which from November will include oil exports. -China trade war affected various markets. Iranian officials had earlier suggested Chinas state-owned CNPC could take over Totals stake and Zanganeh said the process to replace the French company was under way. [Full Article...]

Who are newspapers backing in Dutton v Turnbull leadership spill?

Who are newspapers backing in Dutton v Turnbull leadership spill? Senator Seselja offered Mr Turnbull his resignation as assistant minister for science, jobs and innovation after backing Peter Dutton in Tuesday's leadership spill, won 48-35 by Mr Turnbull. You'd be forgiven for not understanding exactly how we got here or wondering - like most of us - how in the world we got back to this position again, because yes it's true this isn't the first (and unfortuna... [Full Article...]

Gupta-Zuma corruption inquiry begins in South Africa

Gupta-Zuma corruption inquiry begins in South Africa Zuma was accused of being in the sway of the Guptas - a wealthy family of Indian origin - allegedly granting them influence over government appointments, contracts and state-owned businesses. Should Zuma disagree with the evidence given‚ his lawyers will have to formally apply for the right to cross-examine the witness or witnesses whose evidence he disputes. [Full Article...]


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