Healthcare added 34% fewer jobs in July

Ahead of this morning's new jobs report , most projections said the US economy added roughly 190,000 jobs in July. Leisure and hospitality was a main contributor with 40,000 jobs, while health care and social assistance added 33,500 and profession... More..

by | Published 14 days ago
Trump pressures China with threat to crank up size of proposed tariffs
by | Saturday, August 04, 2018

Trump pressures China with threat to crank up size of proposed tariffs

Bloomberg News reported, citing three unidentified sources, the Trump administration would propose imposing 25 percent tariffs on a $200 billion list of Chinese goods targeted in a new round of penalties, up f...More..

How the Bank of England’s interest rate rise affects you
by | Friday, August 03, 2018

How the Bank of England’s interest rate rise affects you

Mr Carney's intervention comes a day after the Bank of England raised interest rates to 0.75 per cent - the highest level in nearly 10 years. "Investors appear to be expecting virtually no more tightening thi...More..

Slumping Galaxy sales lead to weak Samsung earnings
by | Thursday, August 02, 2018

Slumping Galaxy sales lead to weak Samsung earnings

In response to this pressure, Samsung is said to be planning a possible game-changer in the shape of the world's first foldable smartphone, due for release early next year. Appliance sales were low (apparentl...More..

Tesla burns $739.5 million in cash on way to record 2Q loss
by | Thursday, August 02, 2018

Tesla burns $739.5 million in cash on way to record 2Q loss

Bannon said that when he joined Tesla , employees considered many options, including Nvidia graphics cards, and said they talked with people at Arm, whose technology is used in chips from Qualcomm ( QCOM ) and...More..

USA sanctioning Turkish officials over detention of American pastor - White House
by | Thursday, August 02, 2018

USA sanctioning Turkish officials over detention of American pastor - White House

On July 26 , Trump announced in a tweet that if the Turkish government did not release Brunson, the US would impose "large" sanctions on Turkey. It said Turkey would "respond in kind without delay" against ...More..

Apple boosted by selling more expensive iPhones
by | Wednesday, August 01, 2018

Apple boosted by selling more expensive iPhones

Davidson & Co. On a per-share basis, earnings hit $2.34 to beat Wall Street's estimate of $2.18. The company's value had surpassed US$960 billion (NZ$1.4 trillion) in trading before the results were released,...More..

Harley-Davidson's new strategy: Smaller bikes, more foreign sales
by | Tuesday, July 31, 2018

Harley-Davidson's new strategy: Smaller bikes, more foreign sales

Harley-Davidson isn't giving out any more technical information just yet. It will also associate with third party e-commerce companies to help leverage its popularity in apparel and merchandise. It will also ...More..

New PM to take oath at President House
by | Tuesday, July 31, 2018

New PM to take oath at President House

Khan's popularity has surged in recent years as he shared his vision for a "new Pakistan " at a time when the country's middle class has grown disenchanted with an economy on the brink of crisis. Khan shot to...More..

Shareholder sues Facebook after stock plunges
by | Monday, July 30, 2018

Shareholder sues Facebook after stock plunges

Facebook CFO, David Wehner commented on the issue, saying: "Our total revenue growth rates will continue to decelerate in the second half of 2018, and we expect our revenue growth rates to decline by high-sing...More..

Trump tells Iowa farmers he's 'opened up Europe'
by | Monday, July 30, 2018

Trump tells Iowa farmers he's 'opened up Europe'

European Union officials have also downplayed the idea that Juncker is arriving with a novel trade offer. Juncker said the European Union already imports 35 percent of its natural gas from USA producers, b...More..

Trump, EU's Juncker agree to work towards zero tariffs
by | Saturday, July 28, 2018

Trump, EU's Juncker agree to work towards zero tariffs

But Huizenga also said it would be hard not to characterize Trump's Wednesday announcement as a win. EU officials said little had been given away by Juncker and that Europe had emerged as the victor by gettin...More..

Twitter Stock Drops More than 18% in Morning Trading
by | Saturday, July 28, 2018

Twitter Stock Drops More than 18% in Morning Trading

In May and June, it suspended 70 million fake or suspicious accounts before they became part of the company's official MAU count. Global ad revenue grew 40%, to $308 million - the first time non-U.S. "For the m...More..

Facebook market value plunges $119 billion
by | Saturday, July 28, 2018

Facebook market value plunges $119 billion

Those numbers are not just for its main Facebook site, but also across apps like Instagram and Whatsapp which are expected to have been behind the majority of the company's user growth. "As we have written ...More..

Trump greets European Union chief, says United States seeks 'level playing field' on trade
by | Thursday, July 26, 2018

Trump greets European Union chief, says United States seeks 'level playing field' on trade

The two sides agreed to expand European imports of USA liquified natural gas and soybeans and lower industrial tariffs on both sides, Mr Trump said. The president had threatened to impose tariffs as high as 25 ...More..

Facebook plunges as revenue, daily users disappoint
by | Thursday, July 26, 2018

Facebook plunges as revenue, daily users disappoint

Facebook CEO Mark Zuckerberg could slide to sixth place from third on the Bloomberg Billionaires Index if the downward trend following late trading on Wednesday in the U.S. Stifel analyst Scott Devitt r...More..

Tesla seeking cash from suppliers
by | Tuesday, July 24, 2018

Tesla seeking cash from suppliers

The requested reduction in project capex would not impact Tesla's ability to achieve third-quarter profitability, a spokesperson told Reuters . The company experienced a similar shares fall last week, as...More..

Ailing Fiat Chrysler CEO Sergio Marchionne forced to step down
by | Monday, July 23, 2018

Ailing Fiat Chrysler CEO Sergio Marchionne forced to step down

Under Manley, the company is expected to sharpen its focus on revamping individual brands, including ailing Fiat in Europe, Chrysler in the USA and Alfa Romeo, which has yet to turn a profit despite multibill...More..

Dollar weakens on Trump criticism; stocks tepid
by | Monday, July 23, 2018

Dollar weakens on Trump criticism; stocks tepid

It is supposed to encourage investors to buy USA debt in the knowledge that the United States administration won't deliberately weaponise the greenback and debase its currency . It was last up 0.2 percent at $...More..

GST council meet: Sanitary napkins exempted from GST
by | Monday, July 23, 2018

GST council meet: Sanitary napkins exempted from GST

Despite this, Jaitley's successor in the finance ministry, Piyush Goyal, has gone ahead and done just that. Bollywood's first film on menstrual hygiene "Padman", starring Akshay Kumar - one of Hindi cinema's ...More..