Markets

Markets Centre banking on European Union to find ways to buy Iran oil
Author: 0 Centre banking on European Union to find ways to buy Iran oil

The other is the concern that tanker tracking data may become less reliable, as Iran may try to use some "unconventional" methods of keeping its oil sales on track, like switching off tracking devices on tankers-a "solution" that Tehran is said to have used in the previous round of sanctions in 2012-2015.

Markets Brexit: Theresa May promises 'no second referendum'
Author: 0 Brexit: Theresa May promises 'no second referendum'

Jacob Rees-Mogg, leader of the influential European Research Group of pro-Brexit Tories and a prominent critic of the Prime Minister's plan, summed up events in Salzburg by tweeting "Chequers goes pop" with the hashtag #ChuckChequers. With barely six months until Britain leaves the bloc, at the risk of serious disruption if there is no deal to tie up legal loose ends, there is pressure on both sides: "You can hear very clearly the clock ticking in the room", said the second diplomat.

Markets You're tariffed! Trump announces $200 billion tariffs on Chinese goods
Author: 0 You're tariffed! Trump announces $200 billion tariffs on Chinese goods

China has previously said it will welcome new trade talks with Washington, but also suggested it would not engage in more negotiations if the United States imposed the tariffs. But Trump quickly backed away from the truce. Apple Chief Executive Tim Cook had dinner with U.S. President Donald Trump last month, though neither gave details of discussions.

Markets China imposes retaliatory tariffs on $60bn in US goods
Author: 0 China imposes retaliatory tariffs on $60bn in US goods

If the administration pursues what it calls "phase three" of the tariff strategy, it would raise the total value of affected Chinese goods to $517 billion - covering almost everything China sells the United States. Officials said they wanted to shield consumer goods from the taxes as much as possible. Another critic of escalating the trade war via tariffs was the head of the China-based American Chamber of Commerce (AmCham), who said Washington's latest action would hurt, not help, USA ...

Markets Coca-Cola considering cannabis beverages
Author: 0 Coca-Cola considering cannabis beverages

Aurora spokeswoman Heather MacGregor also declined to comment about any talks with Coca-Cola , but did confirm that her company does intend to enter the infused beverage market. However, following the news, the Coca-Cola Company released a statement of their own , stating that, as of now, they were only exploring their options.

Author: 0 Australia Warns Consumer to Cut Strawberries After Needles Found Inside Some Samples

Jeannette Young. Three more punnets were found contaminated with needles on Friday, according to ABC Australia . Contaminated strawberries have also been identified in NSW in Tweed Heads, Taree and Wingham. The broadcaster also said wholesale prices have dropped by around half. "If you stop picking them for a few days then they stop producing fruit, so we're trying to weather out this storm and hope that things get better, but to do that it's costing".

Markets The FDA Threatens To Ban Vaping Products Due To Teenage Use
Author: 0 The FDA Threatens To Ban Vaping Products Due To Teenage Use

The FDA warns that teenage use of e-cigs has reached "epidemic proportions " ( 2m middle and high school students reportedly used e-cigarettes regularly last year). The FDA's core message: Children must first be protected from becoming addicted to nicotine even if it means less availability of e-cigarettes for adults trying to use the devices to end their tobacco habits.

Markets Canada ready to allow U.S. dairy access in NAFTA talks
Author: 0 Canada ready to allow U.S. dairy access in NAFTA talks

U.S. President Donald Trump said at the White House that trade talks with Canada were going well and that Ottawa wants to make a deal. "I spoke with Ambassador Lighthizer over the weekend", Freeland said. Talks were expected to resume this week between the two. After her stop in Washington , Freeland is due to attend this week's meetings of the governing Liberal Party of Canada in Saskatoon, Saskatchewan.

Markets Was Obama worse to the press than Trump?
Author: 0 Was Obama worse to the press than Trump?

In an interview with Fox Business , University of MI economics professor Justin Wolfers questioned the origin of the statistics. "Given the two presidents involved, pyrotechnics and bombast were going to happen whether there was a recovery or not", said Douglas Holtz-Eakin, a former director of the Congressional Budget Office and adviser to former Republican presidential candidate John McCain.

Author: 0 Apple could be tax free if it makes products in the US

Apple Inc said a "wide range" of its products including the Apple Watch would be affected by proposed US tariffs on Chinese goods but gave no sign of an impact on its iPhone. It has already hiked tax on $50 billion in Chinese imports. On top of that, strong U.S.jobs numbers on Friday had bolstered bets on a higher dollar on expectations the Federal Reserve will keep raising US interest rates.

Markets Tesla chief accounting officer resigns after a month
Author: 0 Tesla chief accounting officer resigns after a month

Mr Morton - who joined only one month ago - said he was resigning because " the level of public attention placed on the company, as well as the pace within the company, have exceeded my expectations ". Over the course of the interview the men discussed a variety of topics including: the future of humanity and artificial intelligence, Tesla , SpaceX, Musk's controversial merchandising decision to produce 20,0000 flamethrowers at $500 a pop, human kindness and love.

Markets Bernie hits Amazon with 'Stop BEZOS Act'
Author: 0 Bernie hits Amazon with 'Stop BEZOS Act'

Senator Bernie Sanders and Amazon recently exchanged press releases regarding the working conditions of the company. Bernstein said employers could decide not to hire workers believed to be on federal assistance, making it harder for low-income Americans to find a job .

Markets Tesla's Elon Musk Gets Blunted with Joe Rogan
Author: 0 Tesla's Elon Musk Gets Blunted with Joe Rogan

Gabrielle Toledano , vice president of human resources, announced that she would not be returning after her leave of absence. Musk told The Guardian in response to a question about whether Tesla drug-tests employees that " our policy allows trace amounts of THC [an ingredient of cannabis] during work times, provided they are below the safety limit (much like a minimum alcohol level )".

Markets Barack Obama encourages people to vote:
Author: 0 Barack Obama encourages people to vote: "This is not Coachella"

He doesn't have a strong record of helping his party win when his own name isn't on the ballot and Democrats suffered significant losses during both Obama midterms in 2010 and 2014. The U of I appearance was part of an event in which he received an award for ethics in government, but what he said are expected to be themes he will use on the campaign trail.

Markets Oil falls on rising output from OPEC and United States
Author: 0 Oil falls on rising output from OPEC and United States

International Brent crude futures LCOc1 , by contrast, lost ground, trading at $78.10 per barrel, down 5 cents from their last close. Money managers are bullish on West Texas Intermediate crude futures, but not as much as on Brent. "We can raise production as high as 11 (mln bpd) or even 12 but then where will it go?" The second-largest increase came from Iraq, where southern exports reached a record high.

Markets JD.com Founder Richard Liu Returns To China After US Arrest
Author: 0 JD.com Founder Richard Liu Returns To China After US Arrest

However Minneapolis Police Department spokesman John Elder said that an investigation was ongoing and declined to provide details of the arrest . But, contrary to the company's statement , Minneapolis police have not actually cleared Liu of wrongdoing and have instead said that they are now investigating the allegation against him.

Markets Trump says ‘no political necessity’ to keep Canada in new NAFTA deal
Author: 0 Trump says ‘no political necessity’ to keep Canada in new NAFTA deal

President Trump notified Congress on Friday that he plans to sign an agreement in 90 days with Mexico to replace the North American Free Trade Agreement - and hopes Canada can brought on board, too. Trump's comments came after the United States and Canada failed to meet a Friday deadline imposed by the Trump administration to revamp the NAFTA trade agreement as major differences remain in bilateral talks.

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