Money

by | August 24, 2018 | 01:27

I don't think any President has ever done what I have done", Trump said . David Pecker , the head of the company that publishes the National Enquirer , was granted immunity in the federal investigation into President Donald Trump's former attorney Michael Cohen in exchange for providing information on hush money deals, according to the Wall Street Journal .

by | August 21, 2018 | 02:50

In an interview with the New York Times , Musk said he typically works as many as 120 hours a week, and that it's been almost 20 years since he took a week-long vacation. Weed is not helpful for productivity. It's clear from the interview that Musk is overworked, and Whiston said the best course may be to bring in another executive to help with day-to-day operations.

by | August 18, 2018 | 18:43

Brunson's detention since October 2016 on terror-related charges has soured relations between the two North Atlantic Treaty Organisation allies, sending the Turkish lira into a tailspin. Ratings agency Moody's has downgraded Turkey's credit rating deeper into "junk" status and slapped a "negative" rating on its outlook. On Wednesday, a court in Izmir, where Brunson is on trial, rejected his appeal to be released from house arrest.

by | August 18, 2018 | 18:27

US Treasury Secretary Steven Mnuchin said on Thursday that the United States was ready to place further economic sanctions on Turkey if detained American pastor Andrew Brunson is not released. Last week the United States doubled tariffs on aluminium and steel imports from Turkey, during a dispute over Turkey's detention of an American pastor on security charges that the USA views as baseless.

by | August 17, 2018 | 16:56

The 30 percent tariffs announced in January improperly help USA producers in violation of WTO rules, the Commerce Ministry said. That strained relations with USA allies. WTO complaints begin with negotiations between the parties to the conflict. One Chinese executive, speaking on condition of anonymity, told Reuters that USA solar tariffs were a "sideshow" and had little effect on Chinese business.

by | August 17, 2018 | 16:40

The lira hit a record low of 7.24 against the USA dollar over concerns about President Tayyip Erdogan's grip on monetary policy and an ongoing row with the United States. Standard & Poor's is scheduled to release a review of Turkey's sovereign credit rating after market close on Friday. "We've already responded based on the World Trade Organisation rules and will continue to do so", Trade Minister Ruhsar Pekcan was quoted as saying by the state-run Anadolu news agency .

by | August 17, 2018 | 15:35

Presidential spokesman Ibrahim Kalin also told reporters Thursday that their like-minded position could present an "opportunity" for Turkey and European countries to further improve relations. An official at a Japanese bank warned that uncertainties over Turkey continue to cap the dollar's topside, though the lira's tumble has come to a halt.

by | August 17, 2018 | 13:56

There was no immediate response from the U.S. Treasury to the announcement from Beijing . While the engagement was seen by analysts and business officials as positive, they cautioned that the talks were unlikely to lead to a breakthrough given they are among lower level officials and led on the U.S.

by | August 15, 2018 | 19:19

Yet their shipped imports in July were about half a million barrels per day (bpd) below their Jaunary-June average of 12.4 million bpd, shipping data shows. Oil futures fell more than $1 a barrel on Wednesday, pressured by a weaker global economic growth outlook and a report of rising USA crude inventories even as Washington's sanctions on Iran looked likely to curb that country's crude supplies.

by | August 15, 2018 | 14:26

Salvini also said he wanted the "names and surnames of those who are to blame, because a tragedy like this in 2018 is not acceptable". "If they are not able manage our highways, the state will do it", Toninelli said. "The bridge was constantly monitored and supervised well beyond what the law required", Stefano Marigliani, the Autostrade official responsible for the Genoa area, told Reuters.

by | August 15, 2018 | 12:13

While still nominally allies, the USA and Turkey's relationship is continuing to fall apart amid new economic penalties in the continued fight over an American pastor detained in Turkey. On Monday, Erdogan said that spreading false news about the economy was treason and recent US actions were a stab in the back against Ankara . Investors are anxious not only about Turkey's souring relations with the U.S., a longtime North Atlantic Treaty Organisation ally, but also Erdogan's economic ...

by | August 14, 2018 | 19:12

The cooler temperatures gave firefighters on Monday a chance to attack the string of major wildfires across California, fire officials said. If all goes well, firefighters still don't expect to the have the massive blaze completely contained until sometime in September.

by | August 14, 2018 | 18:26

They said he had "addressed the funding for this to occur", without providing details. It said this occurred largely through a series of tweets by Musk on August 7, including when he said he might take Tesla private and that there was "funding secured".

by | August 14, 2018 | 15:25

The Turkish lira continues to rapidly depreciate in value against the US dollar after the Trump administration announced it was doubling tariffs on Turkish steel and aluminum last week. Both are also no strangers to seeing their own currencies savaged by the market. He said the USA would not achieve aims by exerting pressure and imposing sanctions on Turkey .

by | August 13, 2018 | 17:43

The PIF sees its investment in Tesla as a strategic way for the world's biggest crude producer to hedge against oil, said the people, who asked not to be identified. on Frankfurt's Tradegate, before the USA market opens. The discussions failed to progress due to disagreements over ownership. Tesla was reportedly courted by Japan's SoftBank in April of a year ago, though sources told Bloomberg on Monday that the conglomerate isn't planning to participate in deals for Tesla's buyout as ...

by | August 11, 2018 | 15:44

The plane crash , according to fire officials in the area, resulted in a fire that has since been upgraded to a 2nd alarm response. It reported that the plane was stolen by a mechanic. Audio captured between the man - who was identified as "Rich" - and air traffic controllers show him asking for help to get the cabin pressurised so he would stop feeling so lightheaded.

by | August 11, 2018 | 13:54

Trump tweeted that he had authorized the doubling of steel and aluminum tariffs "with respect to Turkey". President Donald Trump says the United States has chose to increase tariff rates on Turkish steel and aluminum. Trump's action on Friday indicates he is willing to use his presidential powers as an economic and diplomatic weapon, even against allies, the Wall Street Journal reported.

by | August 10, 2018 | 07:07

The Trump administration announced on Wednesday that it will impose new sanctions on Russia over the nerve-agent attack on former Russian spy Sergei Skripal and his daughter Yulia in March. Russian officials question why Russia would want to attack an ageing turncoat who was pardoned and swapped in a Kremlin-approved 2010 spy swap. And unlike the coordinated trans-Atlantic sanctions enacted in response to the Ukraine crisis in 2014, America's European allies - who together trade ...

by | August 10, 2018 | 06:38

China's exports surged more than expected in July despite US duties and its closely watched surplus with the United States remained near record highs, as the world's two major economic powers ramp up a bitter dispute that some fear could derail global growth.

by | August 10, 2018 | 03:41

Looming US sanctions against Iran will likely hit Tehran's oil sales overseas, and it could lead to a price spike in oil contracts. A greater commitment to US crude may help shield India from supply disruptions when sanctions on oil aimed at curbing the Islamic republic's nuclear program begin in early November.