Money

by | August 15, 2018 | 05:09

The White House did not respond directly to questions about Erdogan's threat, or possible retaliatory measures. Turkey will soon be "selling high tech and design products to the world", Erdogan insisted during his speech . Bankers said on Monday the central bank would meet banks' lira liquidity needs at the overnight rate of 19.25 per cent - 150 basis points above the benchmark weekly repo rate - a move they said could be interpreted as a small, covert rate hike.

by | August 15, 2018 | 02:50

Investors are also anxious about the effects of the dispute between two North Atlantic Treaty Organisation allies. "We will boycott U.S. electronic goods", Erdogan said in a speech in Ankara, again showing no sign of compromise in the dispute.

by | August 14, 2018 | 19:39

Musk said that the Saudi Arabian sovereign wealth fund "has approached me multiple times" starting in early 2017 about taking Tesla private and had already taken a stake of almost five percent though share purchases. That tweet may have created a sticky situation for Musk as it appears the funding may not be locked up just yet. Mr Musk's tweet earlier this month had said " funding secured ", raising questions about where the financing for any deal might come from.

by | August 14, 2018 | 19:07

Turkey's currency crisis sent world markets reeling as investors in emerging markets sought safety in government bonds and the dollar . The first warning sign trouble could be afoot came when Trump said on July 26 Turkey would be facing sanctions over its holding for nearly two years of USA pastor Andrew Brunson on terror-related charges.

by | August 14, 2018 | 18:27

With an overall rating of 91.2, Singapore ranked behind Melbourne , Osaka, Sydney , Tokyo, Adelaide , Auckland, Perth, Brisbane, Wellington, and Hong Kong among Asian cities in the latest EIU survey released on Tuesday (14 August). The least liveable of the 140 cities assessed were Nigeria's Lagos, Bangladesh's Dhaka, with the Syrian city of Damascus at the bottom. The survey notably does not include numerous world's most unsafe capitals such as Baghdad and Kabul.

by | August 14, 2018 | 13:29

Opening the conference of ambassadors Turkey's foreign minister called on the U.S. to be a "faithful friend and North Atlantic Treaty Organisation ally". For now, the worries are confined to emerging markets that suffer from the same debt problems as Turkey and their European bankers. Trump's decision to double U.S.

by | August 14, 2018 | 13:14

The currency traded at 69.93 on Monday against its Friday's close of 68.83, which was a biggest single session decline against the dollar since September 3, 2013. "The weak rupee is indeed making life hard for Patel and his fellow members of the monetary policy committee", said Hugo Erken, a senior economist at Rabobank International in the Netherlands.

by | August 14, 2018 | 11:46

Mandatory evacuations remain in place across the state for around 11,120 individuals. He's being held on $1 million bail, and faces a maximum sentence of life in prison if found guilty. As it has grown to cover more than 202,000 acres, 1,077 homes, 22 commercial structures and 500 other buildings have burned. This comes as the River Fire of the two Mendocino Complex Fires has now reached 100% containment.

by | August 14, 2018 | 02:26

President TrumpDonald John TrumpMattis defends reversing his stance on Trump's "Space Force" Pelosi: Trump engages in racism "constantly" Tom Steyer: Pelosi is wrong about Trump impeachment push MORE offered to join in unconditional talks with Tehran in late July after his administration withdrew the US from the Obama-era Iran nuclear deal in May.

by | August 13, 2018 | 18:23

Tax rules would be implemented if necessary, he said , but the government had no plans to seize foreign currency deposits or convert deposits to the Turkish lira . Donald Trump, left, talks to Recep Tayyip Erdogan as they tour the new North Atlantic Treaty Organisation headquarters in Brussels in July. On Sunday, Erdogan, in an OpEd The New York Times , cited Turkey's cooperation with the U.S.

by | August 13, 2018 | 18:00

Video showed the Horizon Air Q400 doing large loops and other unsafe manoeuvres as the sun set on Puget Sound. There were no passengers aboard. "He worked his shift yesterday". He's now at his New Jersey golf club. Since the firefighters were working a fire on an island only accessible by ferry, they weren't able to rotate crews like they normally would for a fire this size.

by | August 13, 2018 | 16:57

The tweet saw Tesla share prices jump (climbing $20 above their opening price within a matter of hours), leaving investors who had " shorted " the stock - or put money on Tesla's stock price dropping - questioning whether Musk could back up such market-sensitive claims.

by | August 13, 2018 | 16:54

Mansfield just so happens to be leading Project Titan - the name of the scheme to build a complete Apple Car . In April, Tesla Chief Executive Elon Musk said in a tweet that he had asked Field to manage the company's engineering and production while Musk remained focused on the Model 3 sedan.

by | August 13, 2018 | 06:28

And the Brunson case is just one of many bones of contention between Turkey and the United States, ranging from Syria to Ankara's increasingly cosy relationship with Moscow. The Turkish currency has been a casualty of a deepening crisis spurred by the administration's growth-at-all-costs agenda and a worsening spat with the U.S., which sanctioned Turkey over the detention of an American priest.

by | August 13, 2018 | 06:22

But he threatened Canada with auto tariffs if the USA and Canada can't forge a deal. Mexico's economy minister on Thursday said his team was working hard to strike a deal with the United States on new rules for the auto industry , which could pave the way for Canada to rejoin talks to revamp the North American Free Trade Agreement .

by | August 13, 2018 | 02:33

McDonald's is randomly selecting one U.S. customer who orders from McDonald's app to be the owner of a coveted McGold Card. Though the fast-food chain played up the gold card myth in its marketing video-the victor will receive a custom gold-plated phone case along with his or her food-McDonald's isn't giving out all the Big Macs and Happy Meals a person could eat.

by | August 12, 2018 | 20:44

He told air traffic controllers: "Those guys will rough me up if I try and land there". "It's going to disappoint them to hear that I did this", Russell said. It is unclear how he attained the skills to do loops in the aircraft before crashing about an hour after taking off, authorities said. Ms Morse's mother, who lives close to the area where the plane went down, said her whole house shook.

by | August 12, 2018 | 18:24

The lawsuits were filed three days after Musk stunned investors by announcing on Twitter that he might take Tesla private in a record $72 billion transaction that valued the company at $420 per share, and that "funding" had been "secured".

by | August 12, 2018 | 16:13

The Russell 2000 gained 13.43 points, or 0.8 per cent. The geopolitical turmoil in Turkey is certainly making waves across the global economies, particularly in the United States where the Dow Jones Industrial Average fell over 200 points today.

by | August 12, 2018 | 15:33

Speaking to ANI, IKEA's food manager for India, Henrik Osterstrom, said, "I am super delighted that finally, the store has opened, we were working on it since 2013". "We have a long-term commitment to India, which is an important market for us". IKEA is expected to open its fifth Texas location months earlier than previously stated, a company spokeswoman said Thursday.