Markets

Markets In China, GDP Growth Falls To Lowest Level In Nearly 30 Years
Author: 0 In China, GDP Growth Falls To Lowest Level In Nearly 30 Years

While China's economy had been gradually losing steam over the first three quarters, growth stabilised at 6.0 per cent in the last three months of 2019 - the same pace as in the third quarter, according to the NBS. "The Chinese economy is unlikely to fall abruptly because of [.] government policies, but at the same time the trend of a further slowdown of the economy will remain unchanged".

Markets US House passes resolution to rein in Trump's war power against Iran
Author: 0 US House passes resolution to rein in Trump's war power against Iran

Satellite images show the amount of destruction at the base, which was not equipped to handle the barrage of ballistic missiles that hit it one by one in the very early hours of January 7th. The fatal strike on Soleimani also "reset deterrence" with Iran, Esper said. Earlier on Saturday, the General staff of the armed forces of Iran have acknowledged that the plane "Ukraine International airlines" was shot down by a missile due to "inadvertent human error", as it was in the immediate ...

Markets Tesla Kicks Off Delivery of China-Made Vehicles
Author: 0 Tesla Kicks Off Delivery of China-Made Vehicles

Tesla broke ground on January 7, 2019 on its first overseas factory in Lingang Area, a high-end manufacturing park in the southeast harbor of Shanghai. Tesla plans to boost production capacity to 500,000 a year after the following phase, though it isn't clear when exactly Tesla expects to achieve those goals.

Markets Iran's United Nations ambassador says missile strikes weren't meant to kill Americans
Author: 0 Iran's United Nations ambassador says missile strikes weren't meant to kill Americans

Fox News' Chris Wallace on Friday clarified why President Donald Trump as well as his management have themselves responsible for the skepticism that's engulfed their factors for the current rise in army stress with Iran. Trump and other officials insisted anew that Iranian Gen. Qassem Soleimani had posed an imminent threat to the US, but they rebuffed repeated attempts to explain what they meant by "imminent".

Markets United States stocks rally amid eased concerns over Mideast tensions
Author: 0 United States stocks rally amid eased concerns over Mideast tensions

The Dow Jones Industrial Average gained 213 (0.8%), the Nasdaq rose 0.7% to a record level and the The S&P 500 rose 0.7% to a record level. At 12:01 p.m. The S&P 500 fell 9.35 points, or 0.3%, to 3,265.35. The Dow is up 322.02 points, or 1.1%. "This report is not enough to move the market one way or the other".

Markets USA orders more Iran sanctions after missile attack
Author: 0 USA orders more Iran sanctions after missile attack

Pompeo also made it clear that the USA acted against Soleimani to prevent what he called an "imminent attack " against US facilities, including the American embassy in Baghdad. At a reelection campaign rally in OH on Thursday, Trump referred to Soleimani as "the world's top terrorist". "Oil revenues (are) down by 80 percent and Iran can not access roughly 90 percent of its foreign policy reserves", he said.

Markets Russia's Putin makes rare visit to Syria, meets Assad
Author: 0 Russia's Putin makes rare visit to Syria, meets Assad

Putin and Assad met at a Russian command post in Damascus , and were presented with military reports on the situation in different regions of Syria, said Kremlin spokesman Dmitry Peskov. "We want to avoid Libya becoming the scene of proxy wars", Maas said, referring to Turkey's plans for military aid for Serraj and Russia's support for the premier's rival in the east, Khalifa Haftar.

Markets Japan says it has sought help from Lebanon over fugitive Ghosn
Author: 0 Japan says it has sought help from Lebanon over fugitive Ghosn

She acknowledged the case was being looked at under an ongoing review of the nation's judicial system, including introducing electronic tethers to monitor those out on bail. Lebanon has said he entered legally with a French passport. The Lebanese government has stood behind Ghosn, with some reports saying that he met with Aoun shortly after his arrival.

Markets HK retail sales drop 23.6% in November as protests persist
Author: 0 HK retail sales drop 23.6% in November as protests persist

The Sunday protest comes during a period of heightened anti-mainland sentiment in Hong Kong, where a pro-democracy movement demanding greater freedoms from Beijing has raged for almost seven months. The announcement came after Xi in his New Year's address expressed concern over the situation in Hong Kong where the locals carried out pro-democracy protests.

Markets Treasury announces boost to National Living Wage
Author: 0 Treasury announces boost to National Living Wage

It also allows for a lower training wage - $8.50 an hour - for high school-age workers , and will gradually phase in an increased minimum wage for tipped employees - from $2.13 to $3 per hour. "You hear a lot of negative anecdotes", he said. "All of the predictions of minimum wage (increase) proponents have actually been exceeded", said Mike Tipping, spokesman for the Maine People's Alliance, a progressive advocacy group that led the 2016 referendum campaign.

Markets U.S. manufacturing activity falls to lowest level in a decade
Author: 0 U.S. manufacturing activity falls to lowest level in a decade

Economists polled by Reuters had been looking for an increase to 49.0. December's reading for U.S manufacturing PMI , as per ISM, is the lowest since June 2009 when the economy was struggling to recover from the market crash. "We're still in that range of slight contraction to slight expansion". Typically the index would have to drop below 43 to signal the risk of a wider economic recession.

Markets IndyGo offering free rides on New Year’s Eve
Author: 0 IndyGo offering free rides on New Year’s Eve

The province-wide initiative is meant to promote personal safety by convincing residents to leave their cars at home and travel responsibly on Tuesday, December 31, 2019. on New Year's Eve through 7 a.m. on New Year's Day. "Customers who begin trips prior to 5 p.m. should tap out, as per normal tapping procedures, to ensure they're charged the correct fare".

Markets How much are train fares going up in Kent?
Author: 0 How much are train fares going up in Kent?

Fares have gone up by an average of 2.6% across East Anglia, with commuters taking short journeys across Suffolk taking the biggest hit as these services have had some of the highest fare rises in the country. An off-peak return ticket from Dundee to Edinburgh has increased in price by 50p to £29.40, while an Anytime return ticket from Gillingham to London via the HS1 route is up £1.20 to £45.40.

Markets Petrol price increased by Rs2.61 per litre
Author: 0 Petrol price increased by Rs2.61 per litre

Apart from the consumer fuels, the prices of aircraft fuels too have been raised, which will have cost impact of civil aviation as well as the aircrafts of armed forces including helicopters. Federal govt. has increased the petrol price by Rs2.61. From the month of January, the government will be charging 17 per cent general sales tax (GST) on all petroleum products.

Markets Oil price rises in hopes of U.S.-China deal, OPEC cuts
Author: 0 Oil price rises in hopes of U.S.-China deal, OPEC cuts

The Organization of Petroleum Exporting Countries (OPEC) and its allies including Russian Federation agreed in early December to make a further cut of 500,000 barrels per day (bpd) from January 1 on top of previous reductions of 1.2 million bpd.

Author: 0 Amazon wants to invest in Deliveroo

The Competition and Markets Authority (CMA), which launched an initial probe in June, said on Friday it had chose to move to a Phase 2 investigation as Amazon and Deliveroo had not addressed its concerns before a December 18 deadline. "We are confident that we can convince the CMA of the facts that this minority stake will bring to competition by helping restaurants grow their businesses, do more work for drivers, and increase choice for customers".

Author: 0 Nasdaq finishes above 9,000 points for the first time

The tech-heavy index has been on its longest winning streak in more than two years, and is on track for its tenth straight record closing high. The S&P 500 advanced 16.53 points, or 0.51 percent, to 3,239.91. Bank Wealth Management. Energy stocks rose as crude oil prices headed higher. Consumer discretionary was the biggest victor among the S&P 500 sectors, spurred by Amazon .