Saturday July 4-th, 2020

Barnier to United Kingdom: don't 'kid yourself' on financial services

A year ago it froze out Swiss stock exchanges in a bid to force Bern back to the negotiating table over a new treaty. The United States is the UK's second-largest trading partner secondary only to the European Union , but as the UK seeks to impose...

Tesla Reopens Chinese Factory After Coronavirus Scare Tesla Reopens Chinese Factory After Coronavirus Scare

Tesla reopened its Shanghai factory on Monday after a government-ordered closure. Production had previously been shut down due to the novel coronavirus outbreak. The authorities are anticipated to coordinate to make the productions happen as soon ...

Price worries remain after judge OKs T-Mobile's Sprint deal Price worries remain after judge OKs T-Mobile's Sprint deal

Ultimately, Marrero said he wasn't convinced the deal would lead to higher prices or lower quality for the wireless industry, as the states insist. News of the approval sent Sprint stock soaring by 65 percent as the markets opened Tuesday, whil...

Saudi Arabia wary of costly slow response as virus knocks oil Saudi Arabia wary of costly slow response as virus knocks oil

U.S. West Texas Intermediate crude oil futures are edging higher on Tuesday as traders await the decision by Russian Federation as to whether it will accept the terms of the new proposal to increase OPEC + production cuts, or pass on making the move...

N26 exit from United Kingdom banking market - Official Statement N26 exit from United Kingdom banking market - Official Statement

The Berlin-based digital bank will close United Kingdom accounts on April 15, N26 said in a statement Tuesday. The firm started services in the U.K.in October 2018, more than two years after the country voted to leave the European Union, calling th...

Foxconn: Taiwan's Foxconn gets approval to restart the plant in Zhengzhou, China Foxconn: Taiwan's Foxconn gets approval to restart the plant in Zhengzhou, China

In Zhengzhou, about 16,000 people, or less than 10% of the workforce, had returned to Foxconn's plant as of Monday while in Shenzhen about 20,000 workers, or roughly 10% of the workforce, were back after the Lunar New Year holiday. We need to improve...

Thomas jobless rate continues downward trend Thomas jobless rate continues downward trend

Some of the January job gains came in industries, such as construction and transportation , that benefited from mild winter weather. The total handily beat the 160,000 payroll rise forecast by economists polled by Reuters. The biggest drops were i...

Australia’s Central Bank kept rates at a record low Australia’s Central Bank kept rates at a record low

Given this outlook, RBA Governor Philip Lowe said the bank's policy-making Board had considered the case for further policy easing, following three reductions previous year that had left interest rates at a record low of 0.75%. "We don't want low...

Democrat Sen. Joe Manchin calls for censuring Trump Democrat Sen. Joe Manchin calls for censuring Trump

The tension was a sign that little legislative progress should be expected with the presidential election nine months away. "What the House Democrats have done to this nation, to the Constitution, to the Office of the President, to the President hi...

US trade deficit drops 1.7% last year to $616.8 billion US trade deficit drops 1.7% last year to $616.8 billion

The deal envisioned that China would increase purchases by $76.7 billion in the first year and $123.3 billion in the second year, above a 2017 baseline of imports from the United States. Data for November was revised to show the gap tightening to US$...

Trump does not shake hands with Pelosi before State of the Union

After the president concluded his almost 90-minute address, Pelosi ripped up the paper copy of his speech she had in front of her with a pointed flourish. Fred Guttenberg later regretted Tuesday night's outburst. The speaker also wore a gold pin on h...

Pelosi Tears Up Trump's Speech at End of Address

Earlier, when Pelosi had introduced Trump to the Senate before the beginning of his address, Trump had refused to shake hands with her. The fashion statement was used to splashy effect previous year during the 2019 State of the Union address , as ...

Tesla signs battery supply deal with CATL Tesla signs battery supply deal with CATL

He sees "clear momentum around global EV demand inflection heading into 2020 and beyond, with Tesla leading the charge". " Tesla Inc's stock surged 20% on Monday in its largest one-day gain since 2013, fueled by a quarterly profit at Panasonic'...

Gas prices continue downward slide Gas prices continue downward slide

Gas prices are at least four cents cheaper across the Great Lakes and Central States, except in MI which is the only state in the country to see gas prices more expensive on the week. Pump prices are expected to decrease this week, as winter demand...

United Kingdom urges citizens in China to leave; Belgium sees first case United Kingdom urges citizens in China to leave; Belgium sees first case

There are now 20,438 cases of the Wuhan coronavirus in mainland China, with close to 200 confirmed cases in other nations. A woman wearing a protective face mask stands in front of a Chinese national flag and a Hong Kong flag outside government hea...

NC-based supermarket Earth Fare to close all locations NC-based supermarket Earth Fare to close all locations

In addition to the three in Northeast Ohio, there were stories in Fort Wayne, Indiana, and Kalamazoo, Michigan. Earth Fare was founded in 1975. "As such, we have made the hard, but necessary decision to commence inventory liquidation sales while we...

Govt Minister: We Don’t Need a Trade Deal with the EU Govt Minister: We Don’t Need a Trade Deal with the EU

The EU has repeatedly said Britain's access to European markets will depend on its willingness to sign up to EU standards. The EU and Britain will set the stage for Brexit's next bruising chapter on Monday, laying down their vision and red lines ...

Macau to Cease All Casino Operations for a Fortnight Amid Raging Coronavirus Macau to Cease All Casino Operations for a Fortnight Amid Raging Coronavirus

As coronavirus rate of infection and death toll continues to climb, Macau's officials have suspended the gaming industry for at least two weeks as the world steps up its efforts to bring the outbreak under control . Previously, Mr. Ho has revealed th...

Hong Kong reports first coronavirus death as hospital workers escalate strike

Medical workers help the first batch of patients infected with the novel coronavirus move into their isolation wards at Huoshenshan (Fire God Mountain) Hospital in Wuhan, central China's Hubei Province, Feb. The boy is the first child to be diagnos...

Opec to discuss coronavirus as Chinese oil demand slumps Opec to discuss coronavirus as Chinese oil demand slumps

In the face of such castrating outlooks on crude oil futures' prices, OPEC+ was reported to arrange an emergency meeting as early as by this week, while markets were whispering about an extension of output curb by another 500,000 million barrels pe...

Wall Street rebounds as US manufacturing expands in January Wall Street rebounds as US manufacturing expands in January

As of 1530 GMT, the Dow Jones Industrial Average was up 1.18% at 28,589.70, while the S&P 500 was 1.15% firmer at 3,262.61 and the Nasdaq Composite came out the gate 1.49% stronger at 9,287.37. The Iowa caucuses are Monday, the first contest to choos...

China's fight against novel coronavirus outbreak

The husband contracted the virus during a recent trip to Wuhan. Philippine President Rodrigo Duterte approved a ban on the entry of all non-citizens from China. New Zealand also raised its travel advice for China to "Do not travel", the highest lev...

More People Diagnosed With Coronavirus in Northern California More People Diagnosed With Coronavirus in Northern California

The study said the new coronavirus is 80% genetically similar to the SARS virus that killed more than 800 people in 2002 and 2003. Its prefabricated wards, where patients began arriving by late morning, are equipped with state-of-the-art medical eq...

Stocks rally as China markets reopen, dollar gains Stocks rally as China markets reopen, dollar gains

The Russell 2000 is down 36.26 points, or 2.2%. Taiwan's benchmark picked up 0.6 per cent, while South Korea's Kospi skidded 1.4 per cent to 2,119.01. Nike jumped 3.9% to help drive Dow Jones Industrial Average higher as investors continue to try to ...

A Look at the New Emerald Azzurra A Look at the New Emerald Azzurra

Part of the Scenic Group, Emerald Waterways now operates nine Star-Ships in 19 countries and charters two small ships sailing the Adriatic coast. The Scenic Group has announced a new 100-guest super yacht in the Emerald Azzurra on Saturday, with...

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