Money

by | July 22, 2018 | 13:41

Other new comers include BC MP John Wilkinson as Fisheries minister, Quebec MP Pablo Rodriquez as Heritage minister and Hamilton MP Filomena Tassi as Seniors minister, a newly created portfolio. The Mining Association of Canada (MAC) welcomes the appointment of the Honourable Amarjeet Sohi as Canada's new Minister of Natural Resources, succeeding the Honourable Jim Carr , who will now be Canada's Minister of International Trade Diversification.

by | July 22, 2018 | 04:54

Marchionne, a 66-year-old Italian-Canadian, joined Fiat in 2004 and led the Turin-based company's merger with bankrupt USA carmaker Chrysler . Fiat Chrysler Chairman John Elkann also released a statement on Saturday regarding Marchionne's health.

by | July 22, 2018 | 04:31

Electricity prices rose by 1.7%, quarter-on-quarter, and by 2.9% year-on-year. "Trade is really the business of Congress, and Congress has delegated some of that to the executive branch", Powell said. Globally, the dollar strengthened, further pressurizing the demand for the yellow metal outside the US. Treasury yields remained buoyant after rising overnight when strong USA domestic retail sales supported the view of solid economic growth in the second quarter.

by | July 22, 2018 | 03:42

Maisel , the newest season of Goliath starring Golden Globe victor Billy Bob Thornton, the highly anticipated Tom Clancy's Jack Ryan starring John Krasinski, which will premiere on August 31, 2018, as well as other popular movies and TV shows.

by | July 22, 2018 | 03:41

Return forms will be simplified into two formats, Sugaam and Sahaj, for the composite dealers and for B2B or B2C dealers. In what appeared to be a mini-Budget announcement to create a feel good factor, the council announced significant reductions in many goods and services.

by | July 21, 2018 | 10:15

The centre on Thursday revealed that since June 2014, a total of Rs 1484 crore have been spent on Prime Minister Narendra Modi's visits. Modi alleged that the previous governments did not pay attention to the development of the eastern parts of India.

by | July 21, 2018 | 01:13

Many companies in the U.S. are opposed to the administration's use of tariffs against China, saying they risk hurting business and the economy without being likely to change behaviour. Trump's comments are a break with tradition that presidents avoid commenting on the path of domestic monetary policy. Its rate hikes are meant to prevent the economy from overheating and igniting high inflation.

by | July 21, 2018 | 00:44

Created to be used during the heightened tensions of the Cold War, it has rarely been invoked - until recently when someone on Trump's staff told him how he could declare tariffs on foreign imports if they are deemed to "threaten to impair the national security" of the U.S.

by | July 21, 2018 | 00:42

Sees "multiple positives" from the quarter that can support sustained double digit growth in revenues, earning per share and free cash flow long term. Surface revenue was up 25 percent from a year ago. Jefferies, on the other hand, one of the two bears with the equivalent of sell ratings tracked by Bloomberg, questioned the ultimate margins of Microsoft's cloud computing service known as Azure .

by | July 21, 2018 | 00:43

For the second day in a row, President Trump on Friday ripped the Federal Reserve for hiking interest rates - continuing an aggressive assault on the central bank , which is normally off limits from presidential attacks. As president, Trump past year said Yellen had "done a good job" and said he liked that she's "historically been a low-interest-rate person". Trump argued the Fed's rate hikes went against "all of the work that goes into doing what we're doing".

by | July 20, 2018 | 12:43

This announcement caused panic in the oil market, despite the fact that other oil-producing countries are more than able to pick up the slack, and oil prices rose by over 3.5 percent.the Iranian Oil Minister Bijan Zanganeh claimed that the increase in oil prices was directly related to the United States sanctions, while others have stated that these high oil prices serve the interest of oil-dependent economies like Saudi Arabia , Russia , and Iraq, which will now serve as ...

by | July 20, 2018 | 09:37

Trump's remarks immediately raised questions about Trump's commitment to the Fed's political independence, a key pillar of the central bank's function. "But I don't like all of this work that goes into doing what we're doing". Mr Trump said he was unconcerned that his remarks might spark criticism as he was merely stating long-held personal views.

by | July 20, 2018 | 07:10

That's particularly the case after yesterday's wage growth data emerged weaker than expected. The British pound has fallen below $1.30 for the first time in ten months after disappointing retail sales news raised further questions over whether the Bank of England will raise interest rates next month.

by | July 20, 2018 | 04:12

The decision ignores the fact that Android phones compete with iOS phones, something that 89 percent of respondents to the Commission's own market survey confirmed, ' argues chief executive Sundar Pichai in a blog post entitled Android has created more choice, not less .

by | July 20, 2018 | 04:00

The backbencher is one of a small tranche of Labour MPs who favour a hard Brexit approach. One Conservative lawmaker told Reuters the party whips whose job it is to enforce discipline in parliament, had threatened to call a confidence vote in May if she lost - a move that could bring down the government.

by | July 19, 2018 | 07:55

Airbus , meanwhile, announced orders totalling $9.2 billion at list prices for its next-generation A350 wide-body. "We are concerned about some of the discussions right now around trade", the CEO said in an interview with Bloomberg Television.

by | July 19, 2018 | 00:39

Google has been fined a record amount of 4.3 billion euros, which is almost $5.04 billion by the European Union's Competition Commission, in a ruling on the Android antitrust case . The Google CEO said the EU's decision ignores the fact that Android has to compete with Apple , and the choice the mobile operating system offers billions of consumers around the world.

by | July 18, 2018 | 11:00

The SpaceX chief executive officer labelled Vernon Unsworth, 63, a " pedo guy " after the diver dismissed his offer of a submarine for the rescue as a "publicity stunt" during a media interview on Sunday. The boys, known as the "Wild Boar team", became stuck in the cave after wandering in on 23 June following football practice - only to find themselves trapped inside by rising floodwaters.

by | July 18, 2018 | 03:03

The company said it added 670,000 streaming customers in the USA, below its guidance of 1.2 million new subscribers. Still, there was only one outright cut in a trading recommendation on the stock - by Deutsche Bank to hold from buy - and two others actually boosted their recommendations.

by | July 18, 2018 | 02:40

Business was dominated more than ever by the latest version of the workhorse A320 and Boeing's rival 737 narrow-body jet, which together have generated more than US$1.2 trillion in sales. The delivery of DHL's first four planes is expected to be completed in 2019.The German logistics company said the 14 jets reflect a gradual replacement of older planes, and noted it has operated 777 Freighers for almost a decade and considers it "superior in all aspects of operation".