Thursday July 19-th, 2018

Baidu's autonomous buses are coming to Japan in 2019 Baidu's autonomous buses are coming to Japan in 2019

Baidu Chief Executive Robin Lee watched the 100th Apolong autonomous vehicle roll off a production line in the southeastern city of Xiamen on Wednesday. "From the mass production of Apolong, we can truly see that autonomous driving is making great s...

Trump delaying NAFTA deal until after midterm elections Trump delaying NAFTA deal until after midterm elections

Kentucky bourbon is among the dozens of consumer products that have been slapped with tariffs by Ottawa as part of its retaliation for US duties on Canadian steel and aluminum. "Given the current political climate, I don't think it would be appropria...

China cenbank blames yuan moves on dollar rise, external uncertainty China cenbank blames yuan moves on dollar rise, external uncertainty

Beijing has said it would retaliate with tariffs on USA products. "International payments were stable, and cross-border capital flows were roughly balanced", Yi said in a statement published on the PBOC's website. To deepen market-oriented exchang...

Brent crude firms on drop in US oil inventories, Iran threat Brent crude firms on drop in US oil inventories, Iran threat

The price rose above $78 a barrel after an Iranian Revolutionary Guards commander said he was ready to prevent regional crude exports if Iranian oil sales were banned by the United States. Inventories at Cushing, Oklahoma, fell 2 million barrels last...

Coinbase Custody For Institutional Players Goes Live Offficially Coinbase Custody For Institutional Players Goes Live Offficially

Bloomberg reports that the cryptocurrency service provider has already accepted deposits from ten hedge funds and family offices, all within its first week of operation. Coinbase plans to expand their services from the USA and Europe to Asia by EO...

Trump Moves To Block China Mobile From U.S Market Trump Moves To Block China Mobile From U.S Market

SHANGHAI/HONG KONG-The U.S. government has moved to block China Mobile from offering services to the country's telecommunications market, recommending that its application be rejected because the firm posed national security risks . China Mobile ...

Cabinet approves Rs 200 per quintal hike in MSP for paddy Cabinet approves Rs 200 per quintal hike in MSP for paddy

During the announcement of the budget in February 2018, Arun Jaitley had said that the insurance of MSPs of kharif crops at 1.5 times their costs will be based on the A2+FL costs, and not the more ambitious C2 costs formula favoured by farm scien...

How to watch the 2018 Hot Dog Eating Contest live How to watch the 2018 Hot Dog Eating Contest live

Joey Chestnut wound up winning the men's contest for the 11th time , eating 64 hot dogs while Miki Sudo won the women's competition with 35 hot dogs. Yes, it's time for another Nathan's Hot Dog Eating Contest. Chestnut managed to consume a ...

Europe could suffer collateral damage in US-China trade war Europe could suffer collateral damage in US-China trade war

Beijing's embassy in Washington has sent a "warm remainder" to its nationals visiting the United States that cities there are teeming with thugs and criminals, and that robbery, theft and gun violence are getting out of control, in a go-there-at-y...

European Union warns Donald Trump he risks $294bn trade tariff reprisals European Union warns Donald Trump he risks $294bn trade tariff reprisals

The chamber's three million members applauded Trump's business tax cuts in December, but the organization has distanced itself from the president since his call for new tariffs against China, Canada, Mexico, and the European Union. Brent crude pric...

Top Chinese executive dies after falling from wall in France Top Chinese executive dies after falling from wall in France

Wang Jian, Co-Chairman of HNA Group attends a meeting marking the 20th anniversary of company's founding in Haikou, Hainan province, China , April 28, 2013. Wang obtained an undergraduate degree in Aviation Management from Civil Aviation Universit...

Hyundai responds to rumoured FCA merger Hyundai responds to rumoured FCA merger

A merger could be seen as a way for Elkann to remain away from management, although still overseeing major changes to ensure they are in the interest of his family's brand. Marchionne has expressed his desire for FCA to merge with another automaker. ...

ZTE allowed to temporarily resume some U.S. business ZTE allowed to temporarily resume some U.S. business

The authorization (see below), issued by the Commerce Department's Bureau of Industry and Security, grants a waiver to some companies doing business with ZTE from July 2 until August 1. In April, the United States found ZTE had violated trade bans wi...

Theresa May warned failure to deliver Brexit would be 'catastrophic' Theresa May warned failure to deliver Brexit would be 'catastrophic'

In a startling intervention the Foreign Secretary faced down ministers in his own Whitehall department, who had publicly rebuked Mr Rees-Mogg for his "insolence" in issuing the Prime Minister with a warning over the future Brexit deal. "I am sure tha...

European Union to Trump: Look at services when griping about trade deficit European Union to Trump: Look at services when griping about trade deficit

Donald Trump's administration is prepared to abandon numerous "fundamental World Trade Organization rules" that are now in place, according to a leaked document obtained by Axios . It would also allow "reciprocal tariffs", so Mr Trump could impos...

Netflix is Testing a New, More Expensive 'Ultra' Subscription Netflix is Testing a New, More Expensive 'Ultra' Subscription

Would you upgrade to the Ultra tier of it became an option (and the only option with four simultaneous streams)? That would certainly mar its plans to rope in its next 100 million subscribers from India , where customers tend to be more cost-consc...

How India Can Cope With Cut In Iran Oil Imports How India Can Cope With Cut In Iran Oil Imports

A few days later, an informed official at Iran's Oil Ministry told Tasnim that the U.S. efforts to cut Iran oil exports will remain futile since removing the country's crude and condensate from global market is not an easy task in near future.

Trump moves to block China Mobile's U.S. entry on security concerns

China Mobile , whose shares also trade on the New York Stock Exchange, had applied for a Section 214 facilities-based licence, which would give it the authority to build its own telecommunications network in the U.S., connect this network to those ru...

China says "fully prepared" if trade war kicks off this week

The warning issued posted on the website of the Chinese Embassy in Washington touches on issues from the high cost of medical treatment in the United States to the importance of guarding against crime and terrorist attacks and the powers wielded by I...

Trump threatens action on WTO after reports he wants to withdraw Trump threatens action on WTO after reports he wants to withdraw

Asked if he planned to pull out of the WTO , Trump said the trade organization had treated the U.S. "WTO has its flaws, but the 'United States Fair and Reciprocal Tariff Act , ' aka the U.S. "We're not planning anything now, but if they don't t...

Is Donald Trump on a relentless quest to corner Iran? Is Donald Trump on a relentless quest to corner Iran?

WTI oil prices dipped into 71.80 at the market's open this week, but has since recovered above 72.50, though current prices are still below Friday's closing price of 73.54. The move partly reversed the original OPEC+1 deal which came into force in Ja...

EU Warns US Against Car Tariffs EU Warns US Against Car Tariffs

Trump previously announced a 25% tariff of up to $50 billion of Chinese products starting on July 6, while China in response will place tariffs on $34 billion of American goods coming into the country. The commission also underlined that Europe...

Trump supporters boycott Walmart for selling 'Impeach 45' clothing Trump supporters boycott Walmart for selling 'Impeach 45' clothing

USA retailer Walmart Inc (WMT.N) faced an outcry from supporters of President Donald Trump on Tuesday for listing for sale on its open marketplace clothing with the slogan "Impeach 45", an apparent reference to Trump, the country's 45th president.

Merkel & Seehofer defuse tensions over immigration policy Merkel & Seehofer defuse tensions over immigration policy

It's meant to dovetail with a migration pact reached by the bloc's leaders last week under pressure from the CSU, which includes pledges by some European Union countries to take back asylum seekers rejected by Germany . Seehofer's concerns. He sai...

Leftist candidate sweeps to victory in Mexico, marking major shift Leftist candidate sweeps to victory in Mexico, marking major shift

Wade. He has also been critical of Mr Trump in the past revealing exactly what he thinks of the US President's border wall . But he now supports reaching an agreement with the United States and Canada, though talks have been stalled over Trump...

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