Money

Author: 0 Trump raises stakes with new round of China tariffs

The taxes will take effect from 24 September, starting at 10% and increasing to 25% from the start of next year unless the two countries agree a deal. However, some products that help computer networks operate, such as routers, will remain on the new list, the official said. And in a victory for Apple Inc.

Money Dena Bank, Vijaya Bank and Bank of Baroda to be merged
Author: 0 Dena Bank, Vijaya Bank and Bank of Baroda to be merged

FM Arun Jaitley also assured that the employees of all these three banks will be protected. Besides Jaitley, the alternative mechanism includes defence minister Nirmala Sitharaman and railway minister Piyush Goyal. Recalling the disastrous consequences of the first amalgamation in the public sector banking space, the leaders said when New Bank of India - which was a weak public sector bank - was merged with Punjab National Bank in the mid-80s, the latter took a long time to return to black.

Author: 0 U.S. imposes new $200bn tariffs on China

But they have threatened "comprehensive measures" as Beijing runs out of imports for penalties due to its lopsided trade balance with the United States. "Hopefully, this trade situation will be resolved, in the end, by myself and President Xi of China, for whom I have great respect and affection". Trump is barreling ahead with his vow to punish China for alleged unfair trading practices, despite warnings from many economists and the International Monetary Fund that an all-out trade war could ...

Money Aurora Cannabis shares rise on reported talks with Coca-Cola
Author: 0 Aurora Cannabis shares rise on reported talks with Coca-Cola

Quoting unnamed sources, BNN Bloomberg said Coca-Cola was in " serious talks " with Aurora but no deal had been finalised. The addition of a trendy line of infused-drink (s) could see Coca Cola leverage its existing products to help it gain new stream of revenue.

Author: 0 China will hit back at any new U.S. tariffs: ministry

U.S. President Donald Trump boasted about the power of taxing imports Monday and warned that countries that do not agree to his trade demands will be "tariffed", escalating tensions as crucial negotiations loom with China and Canada . China wants talks based on 'mutual trust, ' said a foreign ministry spokesman, Geng Shuang. Once the new round of tariffs takes effect on September 24, punitive duties will be in place on roughly half of the products the U.S.

Money My Brexit plan or crash out of European Union, says Theresa May
Author: 0 My Brexit plan or crash out of European Union, says Theresa May

Khan also criticised his predecessor as London mayor, Boris Johnson , for prioritising political ambitions over the interests of the country. Mr Khan is the most senior Labour figure so far to publicly call for a second referendum. " People voted clearly; 17.4 million people voted to leave the European Union and Sadiq is essentially saying, "stop, let's delay that whole process, let's throw it into chaos", and I think that would be a profound mistake".

Money Police investigating after 'metal object' found in banana
Author: 0 Police investigating after 'metal object' found in banana

The move comes after a massive recall in Australia, where strawberries were pulled from the shelves of a number of supermarkets after needles found in five states. Andrew Broad, MP for Mallee in Victoria state, said: "The low-life scum, who think it's somehow amusing to put needles in strawberries, I think should be chucked in jail as soon as they're identified".

Author: 0 Time magazine sold for $190 million to tech couple

Felsenthal informed staffers that they were fortunate to have Marc and Lynn guidance and mentorship to build a new company. " Time has always been a trusted reflection of the state of the world, and reminds us that business is one of the greatest platforms for change".

Money Karnataka Declares Rs 2/Litre Cut For Petrol, Diesel As Fuel Prices Soar
Author: 0 Karnataka Declares Rs 2/Litre Cut For Petrol, Diesel As Fuel Prices Soar

The increase in the petrol price is by Rs 0.35/ per litre while diesel rose by Rs 0.24 per litre, data from the Indian Oil Corp's website showed. The fuel prices are likely to go up further as the price of Brent crude was still hovering over $78 a barrel, while the rupee is pegged around $72 a dollar.

Money Mark Carney To Stay At Bank of England Until January 2020
Author: 0 Mark Carney To Stay At Bank of England Until January 2020

Carney did not address this prospect directly in his speech at Ireland's central bank , though these projections are similar to scenarios the BoE told banks past year to ensure they had guarded against. That implies a fall in productivity growth capacity due to weaker trade with the largest and nearest commercial partners. The bank raised rates at its previous meeting in August, so is unlikely to change policy for a while .

Money Iran OPEC chief: 'Saudi and Russian Federation are taking oil market hostage'
Author: 0 Iran OPEC chief: 'Saudi and Russian Federation are taking oil market hostage'

In June, India , the largest buyer of Iranian oil after China , said it expects to import less oil from Iran in the coming months because it wants to protect its exposure to the USA financial system. The United States is under the process of imposing new economic sanctions after the Trump administration made a decision to pull out of the nuclear deal with Iran .

Author: 0 Australia Warns Consumer to Cut Strawberries After Needles Found Inside Some Samples

Both Foodstuffs and Countdown (owned by Woolworths) - which between them control almost the entire New Zealand grocery market - today announced they had stopped sending out Australian strawberries to their stores. At least eight needles have been discovered and at least one victim rushed to hospital in a crisis that has spread to four states and covers six different brands of strawberry.

Money Six berry brands linked to needle sabotage
Author: 0 Six berry brands linked to needle sabotage

And the whole debacle is far from over. The health concerns over needles and pins found inside Australian strawberries are continuing to escalate with NSW police now warning up to six brands may have been affected. "A lot of growers are feeling the pressure at this time of year". They are working with retailers to remove all stock from the affected date are removed from sale.

Money Legal pot points to woes at US border
Author: 0 Legal pot points to woes at US border

Canadian Prime Minister Justin Trudeau said that marijuana will be legal across the country starting October 17. If such history is learned about someone trying to cross the border , Owen explained, or they lie about it, "that's fraud and misrepresentation, which carries a lifetime ban".

Money Presidential emergency alert system text coming next week
Author: 0 Presidential emergency alert system text coming next week

Wireless Emergency Alerts do not require users to "opt-in", and most mobile phones in use today can receive the 90-character text-like messages. You don't need to take any action for the test. He plans to message every cell phone in America to test a new Federal Emergency Management Agency (FEMA) system that will allow any US president to communicate directly via a text message with the public during a national emergency.

Money The Trump administration takes baby steps on teen vaping
Author: 0 The Trump administration takes baby steps on teen vaping

The FDA requested that Juul and four other e-cigarette brands submit plans to "address widespread youth access and use of their products". The FDA declined to publicly release the numbers, but people familiar with them said they were preliminary data from the National Youth Tobacco Survey , on which the agency and the Centers for Disease Control and Prevention collaborate.

Money How FEMA uses Waffle Houses in disasters
Author: 0 How FEMA uses Waffle Houses in disasters

Waffle House's record for staying open has even the Federal Emergency Management agency unofficially analyzing the activity to know how severe a storm is. At the front of the room, three screens showed storm maps and news coverage of Category 4 hurricane's path. You can't make this stuff up, and that's just a lot of pressure to put on a place that sells waffles.

Money Brent reaches $80 a barrel after fall in US crude stocks
Author: 0 Brent reaches $80 a barrel after fall in US crude stocks

Oil prices fell on Thursday, slipping back from four-month highs as investors focussed on the risk that emerging market crises and trade disputes could dent demand even as supply tightens. Energy Information Administration (EIA) cut its forecast for U.S. crude output growth in 2019. Still, fears over a supply crunch remained, with Iran's output slumping by 150,000 barrels last month, according to Opec's monthly market report.

Author: 0 Australia searches for culprit hiding sewing needles in strawberries

A Coles customer found pins sticking from the sabotaged fruit after purchasing the punnet from a supermarket in Engadine in Sydney's south on Friday. The Australian newspaper reported that there have been at least seven reported cases in three Australian states , raising concerns that copycats are working separately to contaminate the berries.

Money U.S. seeking new trade talks with China
Author: 0 U.S. seeking new trade talks with China

Only 6 per cent said they were considering relocation back to the United States, the survey said. A huge market slump before the mid-term elections could not be great for the Republicans and a bad result could leave Donald as a lame duck President, though he still would be able to keep hitting China and others with trade sanctions, as this power actually rests with the President! Every year, the USA imports $500 billion worth of goods from China, while it ships only one-third of that ...

Money USA crippling Turkey’s economy, says Erdogan
Author: 0 USA crippling Turkey’s economy, says Erdogan

The lira traded at 6.0723 per dollar, well off its record low of 7.24 reached a month ago. "We have faced a heinous attack targeting the Turkish economy after a series of negative statements from the U.S. The bank said on Thursday that inflation developments pointed "to significant risks to price stability" due to the recent fall in value of the lira.

Money Mark Carney to stay on at Bank of England until 2020
Author: 0 Mark Carney to stay on at Bank of England until 2020

Mr Hammond said he was "delighted" that Mr Carney would serve seven more months "to support a smooth exit from the European Union and provide vital stability for our economy". However, it is understood they now have a good relationship. "I am willing to do whatever I can in order to promote both a smooth Brexit and an effective transition at the BoE".

Money Erdogan appoints himself as head of Turkey wealth fund
Author: 0 Erdogan appoints himself as head of Turkey wealth fund

The currency has lost 40 percent of its value against the dollar this year, hit by concerns about Erdogan's influence on monetary policy and more recently by a diplomatic spat between Turkey and the US. Turkish President Tayyip Erdogan has appointed himself chairman of the country's sovereign wealth fund and completely changed its board, naming Finance Minister Berat Albayrak as his deputy, the country's Official Gazette said on Wednesday.

Money NAFTA Talks To Resume This Week
Author: 0 NAFTA Talks To Resume This Week

Trudeau replied, "Sorry to disappoint, but we continue to work hard and we are positively optimistic that we can get a win-win-win for all three countries". Trump has claimed that the 1994 pact has caused the loss of hundreds of thousands of U.S.jobs, something that most economists dispute. "Canada and the USA are too intertwined", Graves said.

Money States to get Rs 22,700 crore windfall from rupee plunge, crude spike
Author: 0 States to get Rs 22,700 crore windfall from rupee plunge, crude spike

The Court, nonetheless, asked the Centre to consider an earlier representation pending before it on price rise of petrol and diesel within four weeks. Opposition parties have called for a nation-wide "Bharat Bandh" on Monday (September 10) to protest against the spiralling fuel prices. In Parbhani in the region, today's retails price is Rs 90.12.

Money Top White House economist fact-checks Trump on GDP claim
Author: 0 Top White House economist fact-checks Trump on GDP claim

Such a relationship between GDP and the unemployment rate has occurred many times, most recently in the first quarter of 2006, before the financial crisis pushed the unemployment rate high and economic growth slowed markedly. Hassett said the correct statement the president should have made is that the GDP rate rising above the unemployment rate had not happened in 10 years.

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