• Fed Chief's Remarks On Economy And Interest Rates Cheer Investors
Fed Chief's Remarks On Economy And Interest Rates Cheer Investors

But many economists warn that by attacking the Fed for raising rates, Trump is actually putting pressure on the central bank to raise rates to demonstrate its independence from political considerations. But whether the markets are correctly assigning a new future policy path to the Fed given Powell's comments on Wednesday or not, there are two cert...

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  • European shares join Wall Street rally on dovish Fed comments
European shares join Wall Street rally on dovish Fed comments

To date, markets have considered quarter-end meetings in March, June, September and December as "live" meetings that result in rate changes. A few participants who agreed further rate increases were likely to be warranted also "expressed uncertainty about the timing" as Fed officials discussed how to communicate a possible change in their approac...

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  • Police raid Deutsche Bank offices in money laundering case
Police raid Deutsche Bank offices in money laundering case

Deutsche Bank confirmed the search, adding that it is fully cooperating with the authorities. Money obtained illegally may have been transferred to accounts at Deutsche Bank, which failed to report the suspicions that the accounts may have been used to launder money, Frankfurt prosecutors said .

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  • Apple could 'ultimately mitigate' Trump's tariffs, UBS says (AAPL)
Apple could 'ultimately mitigate' Trump's tariffs, UBS says (AAPL)

Trump said it was " highly unlikely " he would accept China's request to hold off on the increase. In an interview with The Wall Street Journal on Monday, Mr Trump repeated his threat to slap tariffs on all remaining imports from China, adding that "the only deal would be (that) China has to open up their country to competition from the US".

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  • Trump threatens to cut General Motors subsidies as carmaker axes jobs
Trump threatens to cut General Motors subsidies as carmaker axes jobs

During its third-quarter earnings report last month, General Motors said it had benefited over $150 million in tax savings so far in 2018 from the GOP tax reform legislation passed previous year. The plant in Lordstown, Ohio , that makes the Chevrolet Cruze compact auto is on the possible closure list. Barra said the industry is changing rapidly a...

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  • Brexit timeline: European Union leaders APPROVE Brexit deal - what happens next?
Brexit timeline: European Union leaders APPROVE Brexit deal - what happens next?

But demands that extensive treaty documentation recently agreed between Brussels and London be tweaked to give Spain a bigger say over its implementation in regard to Gibraltar face resistance from Britain and European Union allies who are wary that the whole edifice of the long-negotiated deal might unravel.

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  • Land Rover unveils 2019 Range Rover Evoque
Land Rover unveils 2019 Range Rover Evoque

At speeds below 17km/h (11mph), the engine will shut off while the driver applies the brakes. South Africans don't have much of a wait, with the first units scheduled to reach our shores in early 2019, and Land Rover has already opened the local configurator , although pricing has yet to be announced.

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  • Goldman Sachs Whacks Apple Inc. (AAPL) Price Target
Goldman Sachs Whacks Apple Inc. (AAPL) Price Target

Apple shares were down 3.7 per cent at US$186.38 on Monday, while Lumentum , Skyworks Solutions and Qorvo were down between 2.7 to six per cent. "(NASDAQ: AAPL)'s products in China and other emerging markets it also looks like the balance of price and features in the iPhone XR may not have been well-received by users outside of the USA", wr...

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  • Thanksgiving 2018: Which Stores Are Open and Closed Before Black Friday
Thanksgiving 2018: Which Stores Are Open and Closed Before Black Friday

This holiday season is loaded with some of the best Black Friday 2018 PC gaming deals you'll find on gaming hardware and peripherals. 86% of the products on offer were the same price or cheaper during the six months following Black Friday, and 46% were found at a lower price on at least one day in the six months after Black Friday.

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  • Oil Recovers Some Losses On Record Indian Imports After 6% Fall
Oil Recovers Some Losses On Record Indian Imports After 6% Fall

In the week ending November 13, hedge fund managers cut their net long position-the difference between bullish and bearish bets-in WTI Crude to the lowest since August 2017 and cut their net long position in Brent Crude to the lowest in a year and a half, according to data from exchanges and the U.S.

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  • Theresa May loses minister amid furious backlash to her Brexit plans
Theresa May loses minister amid furious backlash to her Brexit plans

Hard Brexiters reacted negatively on Tuesday to the proposed deal and indicated that they meant to vote against it if it came to parliament. "Our European partners, I think, also have looked over the edge of a no-deal Brexit and seen what an impact it could have on their economies".

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  • Nissan chairman Carlos Ghosn dismissed, held on misconduct charges
Nissan chairman Carlos Ghosn dismissed, held on misconduct charges

Together, Renault , Nissan and Mitsubishi employ more than 470,000 people in almost 200 countries, according to the alliance's website . As the misconduct uncovered through our internal investigation constitutes clear violations of the duty of care as directors, Nissan's Chief Executive Officer Hiroto Saikawa will propose to the Nissan Board...

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  • Bitcoin SV vs Bitcoin ABC
Bitcoin SV vs Bitcoin ABC

Monday marks yet another dismal day of trading for cryptocurrencies , with the market falling to its lowest levels so far this year, with traders seeing more than $35 billion in value wiped off the table and left scratching their heads as to when the market will rise again.

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  • The hunt is on for Black Friday savings
The hunt is on for Black Friday savings

The Black Friday deals will run from 16-23 November and will feature specials on everything including toys, electronics, fashion, beauty, kitchen, and more . With Amazon Music, your readers can request by lyrics, let Alexa pick the music for them, or set a music alarm to wake up to their favorite song or playlist - all ad-free and on-demand.

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  • Crews search for California fire victims as list of missing passes 600
Crews search for California fire victims as list of missing passes 600

The 63 deaths reported from the Camp Fire make it the deadliest wildfire in California's history , as the inferno also became the most destructive. TRT World's Ediz Tiyansan reports from California. In announcing the revised death and missing toll, the Sheriff and Coroner of Butte County asked relatives to submit DNA samples to speed up the ...

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  • Apple shares drop on iPhone suppliers' warnings
Apple shares drop on iPhone suppliers' warnings

Goldman Sachs analysts have slashed their iPhone unit sales estimate by 6% and downgraded their price target after Lumentum , which makes a part needed for Apple's Face ID camera on the new iPhones, said that a major customer, believed to be Apple, had drastically cut its order.

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  • Saudi to cut oil exports by 500,000 barrels per day in December
Saudi to cut oil exports by 500,000 barrels per day in December

An official from group member Kuwait said on Monday major oil exporters had over the weekend "discussed a proposal for some kind of cut in (crude) supply next year", although the official did not provide any detail. The global benchmark crude traded at a US$10.04 premium to WTI for the same month. USA crude oil imports averaged 7.5 million barr...

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  • US's Bolton says more sanctions likely on Iran
US's Bolton says more sanctions likely on Iran

As of 10:18 a.m. EST, WTI front-month crude prices traded at $59.71 per barrel, or a 1.6 percent decline, while Brent front-month crude oil futures traded at $69.63 per barrel, or down 1.4 percent. America has already overtaken Russian Federation and Saudi Arabia to become the world's largest producer and figures from the US Energy Informatio...

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  • Xi to trumpet China's 'open' markets at trade forum
Xi to trumpet China's 'open' markets at trade forum

China is willing to negotiate with the US on issues of mutual concern, and push for a "mutually acceptable" resolution to their economic and trade issues, Vice President Wang Qishan said Tuesday. The widening trade conflict between the world's two largest economies, China and the U.S., is senseless, according to Alibaba co-founder Jack Ma.

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  • Amazon to split HQ2 evenly between two cities
Amazon to split HQ2 evenly between two cities

And now it ends up Amazon may decide on creating an HQ2 and HQ3. Citing an anonymous source familiar with Amazon's plans, the highly-sought-after second headquarters will go to two cities in order to recruit enough tech talent, according the report.

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