Trump's Treasury Department plans limits on Chinese investment in USA technology firms

Amazon shares fell more than 3.5%, while shares of Google and Facebook fell 3.67% and 3.77%, respectively. I'd like to have faith in the big guy, that it will all end like one of his scripts from his TV show, but the apprentice President might ju... More..

by | Published 22 days ago
With Erdogan's re-election, one can expect a Turkey-centered, nationalistic period
by | Tuesday, June 26, 2018

With Erdogan's re-election, one can expect a Turkey-centered, nationalistic period

It was totally unprecedented for all the factions on the political spectrum to come together against Mr Erdogan, Mr President, not personally against him but against the regime that he has built during the last...More..

Angela Merkel foresees no breakthrough in emergency migration European Union meeting
by | Tuesday, June 26, 2018

Angela Merkel foresees no breakthrough in emergency migration European Union meeting

But such "secondary movements" are hard to stop in the border-free Schengen zone, and have been widespread since immigration to Europe peaked in 2015, when more than a million people arrived from the Middle Eas...More..

Harley-Davidson to Outsource More US Manufacturing Jobs, Trump Calls Move 'Excuse'
by | Tuesday, June 26, 2018

Harley-Davidson to Outsource More US Manufacturing Jobs, Trump Calls Move 'Excuse'

Harley-Davidson believes the tremendous cost increase, if passed onto its dealers and retail customers, would have an immediate and lasting detrimental impact to its business in the region, reducing customer ac...More..

China, Europe warn trade war could trigger global recession
by | Tuesday, June 26, 2018

China, Europe warn trade war could trigger global recession

The Journal said the administration would look only at new deals and would not try to unwind existing ones, adding that the planned investment bar would not distinguish between Chinese state-owned and private c...More..

USA trade policy drives Harley Davidson to create European Union jobs
by | Tuesday, June 26, 2018

USA trade policy drives Harley Davidson to create European Union jobs

The EU implemented tariffs on just over $ 3 billion worth of USA goods in response to Trump's decision to hit steel and aluminum imports with tariffs . "I think this is only the beginning". Harley has bee...More..

Iranian economic protesters take to streets, confront police
by | Tuesday, June 26, 2018

Iranian economic protesters take to streets, confront police

Bazaar families opposed the Shah Mohammad Reza Pahlavi and supported the 1979 Islamic Revolution that replaced him with a Shiite theocracy and elected officials. Protesters chanted against Iran's intervention...More..

U.S. to curb Chinese investment in tech firms
by | Tuesday, June 26, 2018

U.S. to curb Chinese investment in tech firms

It added that Treasury Secretary Steven Mnuchin is expected to push for the plan in a report set for release on Friday. However, that contradicts the White House's own May 29 statement which specified that ne...More..

China defends its United States investment record
by | Tuesday, June 26, 2018

China defends its United States investment record

Shares are down 5.10% at $390.13 apiece Monday after the Wall Street Journal reported the US Treasury Department is drawing up plans to crack down on Chinese investment in US technology. But White House adv...More..

Harley-Davidson, Inc. (HOG) now has a weekly volatility of 3.09%
by | Tuesday, June 26, 2018

Harley-Davidson, Inc. (HOG) now has a weekly volatility of 3.09%

Harley-Davidson Inc. sold nearly 40,000 motorcycles in the European Union past year, generating revenue second only to the United States, according to the Milwaukee company. "Harley-Davidson maintains a strong ...More..

Harley-Davidson moving USA production over European Union tariffs
by | Tuesday, June 26, 2018

Harley-Davidson moving USA production over European Union tariffs

Harley-Davidson motorcycles have been pulled into Donald Trump's trade war, and the Wisconsin company is responding ... by shifting some production out of the U.S . In 2017, Harley sold almost 40,000 new motor...More..

We've changed, Uber says, in court battle to keep license
by | Tuesday, June 26, 2018

We've changed, Uber says, in court battle to keep license

Uber's appeal hearing, which will consider if the company is "fit and proper" to operate in London , starts today and is expected to take several day before a decision is made - though the court battle itself...More..

Erdogan confirmed victor of Turkey election that brings sweeping new powers
by | Monday, June 25, 2018

Erdogan confirmed victor of Turkey election that brings sweeping new powers

Erdoğan received 52.6 percent in the election. However the opposition raised doubts about the accuracy and reliability of the figures released by state-run Anadolu news agency, the sole distributor of the off...More..

Opposition leaders cast votes in Turkey | Turkey
by | Monday, June 25, 2018

Opposition leaders cast votes in Turkey | Turkey

A woman votes at a polling station in a school during elections in Istanbul , Turkey , June 24, 2018. Tuncay Ozkan, deputy leader of the opposition CHP, expressed that the announced results are not correct ...More..

Harley-Davidson moves some work from US due to tariffs
by | Monday, June 25, 2018

Harley-Davidson moves some work from US due to tariffs

But he says the ultimate goal is the removal of all tariffs so "we don't have this tit for tat on any number of products out there". A business like Harley-Davidson gets hit at both ends , as American tariff...More..

Vote Split At BoE Boosts Pound
by | Sunday, June 24, 2018

Vote Split At BoE Boosts Pound

The rest of the MPC are likely to conclude that there is little cost in waiting until at least August before deciding whether to raise rates , economists say . The "wait and see" approach thus relies on a str...More..

Airbus threatens to leave Britain over Brexit trade relations
by | Sunday, June 24, 2018

Airbus threatens to leave Britain over Brexit trade relations

Publishing a Brexit "risk assessment" on its website, the firm also called on the Government to extend the planned transition period due to run until December 2020 if a deal is agreed, saying it was too short...More..

KGNS Today celebrates
by | Sunday, June 24, 2018

KGNS Today celebrates "Bring Your Pet to Work Day"

Looking for a dog friendly office? Whenever I leave for work in the morning, I see the sadness in my dog's eyes. Dog's Trust Ireland asked establishments of all types, to take part in Dogs Trust's Dog Frien...More..

Eurogroup seals historic agreement on Greek debt relief
by | Sunday, June 24, 2018

Eurogroup seals historic agreement on Greek debt relief

Greek 10-year bond yields fell 8 basis points to a four-week low at 4.23 percent, while five-year bond yields fell 10 bps to 3.40 percent - their lowest level in nearly four weeks. "We will examine the sustaina...More..

Boris Johnson urges clean Brexit, 2 years after United Kingdom vote to quit
by | Sunday, June 24, 2018

Boris Johnson urges clean Brexit, 2 years after United Kingdom vote to quit

Upwards of 100,000 people marched through the capital to tell the government "we want a People's Vote" on you Brexit deal. Nearly two-thirds of Britons believe they should have a final say on the Brexit deal,...More..

OPEC agrees to pump more oil and crude prices jump
by | Sunday, June 24, 2018

OPEC agrees to pump more oil and crude prices jump

He noted that many market participants agree with increasing oil production and within the framework of the forthcoming meeting of OPEC+ there will be many willing to comment on the recommendation of the moni...More..

Daimler cuts profit forecast, blaming US-China tariffs
by | Sunday, June 24, 2018

Daimler cuts profit forecast, blaming US-China tariffs

China has imposed tariffs on cars imported from the U.S.in response to President Donald Trump's $50 billion in tariffs on Chinese-made products. Mercedes has a plant in Vance, Alabama. It is also being hit ...More..

Canada to legalize marijuana on Oct. 17
by | Sunday, June 24, 2018

Canada to legalize marijuana on Oct. 17

Canadian Health Minister Ginette Petitpas showed strong support for home cultivation of marijuana last week following the government's rejection of 13 out of 46 amendments relating to the bill last week. Trud...More..

EU will respond to any new US auto tariffs, says official
by | Sunday, June 24, 2018

EU will respond to any new US auto tariffs, says official

The President's tweet caused a tectonic shift, cratering the European Auto Stocks Index, and causing shares of USA automakers Ford Motor Co and General Motors Co to rapidly fall, and then rebound, Reuter...More..

Tesla to shutter at least 13 solar facilities: documents
by | Sunday, June 24, 2018

Tesla to shutter at least 13 solar facilities: documents

Data was combined with false information given to the media, the lawsuit said . "He is someone who stole Tesla data through highly pernicious means and transferred that data to unknown amounts of third par...More..

U.S. top court lets states force online retailers to collect sales tax
by | Sunday, June 24, 2018

U.S. top court lets states force online retailers to collect sales tax

But the vice chairman of the Senate Finance Committee said a lot of forces stand between the promise and realization of a new revenue stream. For example, South Dakota makes software available to out-of-sta...More..

Opec edges closer to raising oil output, Iran’s nod is key
by | Saturday, June 23, 2018

Opec edges closer to raising oil output, Iran’s nod is key

The talks were thought to be the last-ditch attempt by the Saudis to convince Iran over their proposal to increase daily oil output, the report added. He said Trump was partly to blame for the higher oil ...More..

European Union retaliatory tariffs on raft of USA goods go into force
by | Friday, June 22, 2018

European Union retaliatory tariffs on raft of USA goods go into force

Dow members Boeing, Apple and Nike may be targeted by the Chinese as the trade war with the US rages on, according to The Global Times a state-controlled tabloid. Mexico has already announced its own tariffs ...More..

Government reassures European Union citizens over right to remain
by | Friday, June 22, 2018

Government reassures European Union citizens over right to remain

Last week, the outgoing president of the CBI said sections of United Kingdom industry faced extinction unless the United Kingdom stayed in the EU customs union. A string of airlines, banks and other corporate h...More..

PM fires up as Labor confirms tax stance
by | Friday, June 22, 2018

PM fires up as Labor confirms tax stance

Next week, the Senate is scheduled to recommence debate on the remainder of the government's 10-year business tax plan which will reduce the corporate tax rate from 30 percent to 25 percent. "Labor wants to imp...More..

Police Arrest Chief Executive, Director of Bank of Maharashtra over Loans
by | Friday, June 22, 2018

Police Arrest Chief Executive, Director of Bank of Maharashtra over Loans

Also nabbed from Pune were BoM executive director Rajendrakumar Gupta, DSK's chartered accountant Sunil M Ghatpande and DSKDL engineering department vice-president Rajeev Newaskar. Kulkarni's brother and his ...More..

Airbus says no-deal Brexit would force it to reconsider UK presence
by | Friday, June 22, 2018

Airbus says no-deal Brexit would force it to reconsider UK presence

The customs union enables the European Union's 28 member states to function as a single trading area with no tariffs or border checks. In a memorandum issued late on Thursday, Airbus said softer plans for a...More..

Could China turn to Iran oil? Former Exxon president weighs in
by | Friday, June 22, 2018

Could China turn to Iran oil? Former Exxon president weighs in

Benchmark U.S. crude hit its highest level in more than three years in May, but U.S. and global prices have eased since then in anticipation that OPEC will approve more drilling. There are other consideration...More..

China-based campaign breaches satellite, defence firms: Symantec
by | Friday, June 22, 2018

China-based campaign breaches satellite, defence firms: Symantec

It continued: "Secondly, even if malicious activity involving these tools is detected, it can make it harder to attribute attacks". Symantec's alert about this hacking group follows the US and United Kingdo...More..

India, biggest buyer of US almonds, hits back with higher duties
by | Friday, June 22, 2018

India, biggest buyer of US almonds, hits back with higher duties

It came a day after the European Union said it would begin charging 25 percent import duties on a range of us products on Friday, in response to the new USA tariffs. Import duty on diagnostic reagents has bee...More..