by | August 05, 2018 | 16:35

With five of its members voting for the increase, the 6-member Monetary Policy Committee (MPC ) headed by RBI Governor Urjit Patel , increased repo rate , at which it lends to other banks, to 6.5 per cent but kept its policy stance as "neutral".

by | August 05, 2018 | 15:43

Shortly before noon EDT. on Thursday, Aug. 2, Apple's stock hit $207.05 per share, giving it a market capitalization at that trillion-dollar mark. Apple co-founder Jobs envisioned breakthrough hardware and software architecture where the Apple users never have to leave the company's ecosystem.

by | August 05, 2018 | 12:58

The nuclear deal with world powers would have allowed Iran to replace its aging commercial fleet. With tensions high ahead of the return of United States sanctions on Tuesday, the government of President Hassan Rouhani also faces opposition from conservatives and religious leaders, who have long disliked his outreach to the West and accuse him of governing only for the rich.

by | August 05, 2018 | 08:28

McGregor will avoid jail time and instead serve five days of community service and attent anger management classes. The loquacious Irishman hasn't competed at all since losing his lucrative boxing match against Floyd Mayweather in August 2017, and his UFC lightweight title was stripped and subsequently claimed by Nurmagomedov in April.

by | August 04, 2018 | 19:29

The illnesses haven't been officially linked to Chipotle food consumption. Chipotle did not immediately respond to Reuters' request for comment. National Avocado Day did not go as planned this week at Chipotle Mexican Grill. In 2016, Chipotle was forced to shutter about 2,000 locations and carry out a food-safety training program. That news also surfaced through when 89 reports and 133 customers reported falling sick.

by | August 04, 2018 | 18:27

The new supply could help lift Petrobras' crude oil exports, which fell by 53.8% in June from a year ago to 696,000 bpd as the company increased its refinery output. WTI price declined by 1.32 percent while Brent's loss was pared at 0.32 percent. Saudi production increased but was offset by a decline in Iranian supply due to the restart of US sanctions, the survey found.

by | August 04, 2018 | 09:32

Speaking to Turkish journalists after the meeting, Cavusoglu also described the discussion with Pompeo as "constructive", but added: "Nothing can be achieved through threatening language and sanctions ". Davutoğlu said the USA decision is a risky move and "incompatible with the most simple diplomatic courtesy and mutual respect". Pastor Andrew Brunson was held in prison for almost two years before he was moved to house arrest last week, disappointing American officials who expected his ...

by | August 04, 2018 | 09:00

Chinese Foreign Ministry spokesman Geng Shuang (pic) attributed the arrest of Swedish bookseller Gui Minhai to the "violation of Chinese laws", without further explanation. China has already filed a complaint with the World Trade Organization about the US proposal for tariffs on $200 billion worth of goods. But if the United States is forced to carry out its threat and actually imposes 25 percent tariffs on $200 billion worth of additional items from China, hitting consumer goods will ...

by | August 04, 2018 | 05:48

Molson Coors will have a 57.5% stake in the firm and three board eats whilst Hydropothecary will hold the remaining stake and two board seats. Hydropothecary would own the rest. It's the latest sign that beer makers and alcohol brands are pushing into the cannabis industry . Last year, Corona beer-maker Constellation Brands Inc became the first major beer and spirits producer to partner with a Canadian marijuana producer, picking up a almost 10 percent stake in Canopy Growth Corp.

by | August 04, 2018 | 02:54

China received 103.4 million cubic feet of LNG from the USA last year, the Energy Information Administration says. "I might think the US$ 60 billion is a weak response to our US$200 (billion)", he said, while admitting that "there is a lot they can do to damage our companies in China".

by | August 04, 2018 | 02:03

We'll be monitoring Apple's stock price closely to see if it's able to really become the first trillion-dollar company. Jobs, who died in 2011, was succeeded as chief executive by Tim Cook, who has doubled the company's profits but struggled to develop a new product to replicate the society-altering success of the iPhone , which has seen sales taper off in recent years.

by | August 03, 2018 | 16:57

Mr Trump has ultimately threatened tariffs on more than $US500bn in Chinese goods, covering virtually all United States imports from China . China appealed to Washington on Thursday to stay calm and "correct its attitude" following a USA threat to raise tariffs on US$200 billion of Chinese goods in a dispute over technology policy.

by | August 03, 2018 | 16:12

Apple's stock market value is greater than the combined capitalization of Exxon Mobil, Procter & Gamble and AT&T. A Forrester analyst said of the company, "Whether they stand alone or are acquired, Apple as we know it is cooked". Also propelling Apple higher in recent months was Apple's announcement that it earmarked $100 billion for a new share repurchase program. A company's market cap is calculated by multiplying the number of shares outstanding by its stock's share price.

by | August 03, 2018 | 15:53

At a campaign rally in Florida Tuesday night, Mr. Trump said China's response targeting US farmers has been "not nice". But whatever the reason, the longer the trade war continues, the more Trump will find himself in a bind: on one hand he wants lower rates and a weaker dollar, on the other he keeps escalating by enacting ever bigger (and higher) tariffs on China , which are sure to prompt a broad inflationary response in the United States economy as we have already discussed .

by | August 03, 2018 | 11:52

Charlotte Nelson, Finance Expert at, said: "With the vast number of lenders increasing rates in the lead up to May's rate announcement, providers have chosen to keep rates relatively static in the run-up to this one, having already been prepped for a rise".

by | August 03, 2018 | 11:54

The price of each school computer accessory item must be $250 or less. Wisconsin is joining several other states across the country in taking part in a sales tax holiday this year. An important distinction is that sports and recreational equipment is not considered clothing , and is not tax exempt during this weekend. It wasn't a holiday from work, but the sales tax holiday weekend in Tennessee has many retailers smiling today.

by | August 03, 2018 | 11:37

The move comes as the USA and China are tangled in a trade dispute, after President Donald Trump announced earlier this year that the U.S. would apply punitive tariffs on steel and aluminum worldwide, and then moved to add tariffs on other Chinese goods.

by | August 03, 2018 | 09:51

Let's keep in mind that Canada was established as a nation way back in 1867 and Apple has only been around since 1976 when co-founder Steve Jobs started running the company in his garage. Apple's services division alone is on pace to generate about $35 billion in revenue this fiscal year - more than all but a few dozen US companies churn out annually.

by | August 02, 2018 | 15:58

The tariffs target a range of Chinese imports like dog food, furniture, auto tires, beauty products, and food products, in addition to steel and aluminum. The step reportedly comes as negotiations between officials from the U.S. and China failed to ease current trade tensions. The U.S. has said a second round on 16 billion dollars in Chinese imports could be implemented soon.

by | August 02, 2018 | 08:48

Tesla burned through $739.5 million in cash last quarter as it geared up a factory to crank out more electric cars, leading to a $717.5 million net loss. "It's really kind of a mindblowing leap forward for a manufacturing company", Musk said. Tesla's stock has fallen more than 18 percent since its June peak.