Markets

by | February 22, 2019 | 01:26

And we know he doesn't have any intentions of graduating right now , so the four-year scholarship doesn't do anything for him. Several NBA players are offering unsolicited advice to Duke star Zion Williamson after Williamson suffered what Blue Devils coach Mike Krzyzewski called a mild knee sprain Wednesday night in a game against North Carolina .

by | February 21, 2019 | 01:28

Theresa May insisted she had made progress on the Brexit backstop last night amid signs that her deal could be put back before MPs next week. Britain is due to abruptly leave the European Union and all of its institutions on March 29 unless it agrees to the Brexit deal secured by Theresa May .

by | February 21, 2019 | 01:27

The undertaking that was given was false to the knowledge of the court and apart from affecting the administration of justice, it is also a breach of undertaking given to the Supreme Court . After RCom, which has a debt of more than Rs 47,000 crore, failed to pay Ericsson, it moved an insolvency petition in the National Company Law Tribunal (NCLT).

by | February 21, 2019 | 01:24

The announcement follows the U.S.' recent withdrawal from a key arms control pact . The pact meant neither side could base short and intermediate-range land-based missiles in Europe . "We don't want confrontation, particularly with such a global power as the United States", he said. He said authorities should close 30 dump sites in big cities in the next two years.

by | February 20, 2019 | 01:45

Pence said Huawei and other Chinese telecom equipment makers provide Beijing with "access to any data that touches their network or equipment". Wesley Wark, a University of Ottawa intelligence expert who closely studies the 5G issue, says if Britain gives Huawei a cautious green light, it will allow Canada some breathing room to resist the US campaign.

by | February 19, 2019 | 00:57

While the sources who spoke to Reuters indicate that there may still be time for the company to find a buyer, they also cautioned that it's an unlikely outcome. Payless ShoeSource made headlines in November 2018 whenit tricked social media influencers with a fake pop-up store called Palessi. After no such deal could be clinched, the Topeka, Kansas-based company has chose to initiate preparations to liquidate, the sources said .

by | February 18, 2019 | 18:28

Founded in 1956 in Topeka, Kansas, Payless has more than 3,600 locations in 40 countries and over 18,000 employees, according to its website. Sources told Reuters that the fast fashion footwear company, which has 14 outlets in the greater Portland area , will file for bankruptcy this month.

by | February 15, 2019 | 02:43

A US delegation, including Treasury Secretary Steven Mnuchin and Trade Representative Robert Lighthizer, arrived in Beijing this week for the latest round of closed-door trade talks. Trump told reporters in the Oval Office on Wednesday that preliminary talks in Beijing were " going along very well ", Bloomberg reported. But it's unclear whether that will satisfy Washington and other governments that complain the system is created to extract technology from foreign companies and to use ...

by | February 14, 2019 | 00:45

The American Petroleum Institute (API) on Tuesday said that USA crude inventories fell by 998,000 barrels in the week to February 8 to 447.2 million, compared with analyst expectations for an increase of 2.7 million barrels. The price has largely plateaued since then, in spite of the subsequent imposition of US sanctions. Refineries are built to handle a certain quality of crude, and those which process so-called heavy crude from Venezuela, Canada or the Middle East can not be easily ...

by | February 14, 2019 | 00:33

Veterans Affairs Minister Jody Wilson-Raybould poses for a photo with Canada's Prime Minister Justin Trudeau during Trudeau's cabinet shuffle, in Ottawa. Trudeau has said that he " welcomes " the probe, which is the fifth involving his cabinet since taking office in 2015. Instead, she issued a statement arguing that, as a former attorney general, she was bound by the principle of solicitor-client privilege and thus could not speak at all on the issue.

by | February 12, 2019 | 00:55

Aurora is developing the technology for autonomous vehicles, but leaving the making of cars to other companies and said in a blog post it wants to work alongside, rather than compete with, leading automakers. The company also set up a partnership with Toyota to find ways to use self-driving cars for deliveries. "We have been very clear this is not a quick thing", he said.

by | February 11, 2019 | 02:01

However, the prospect of 25,000 new jobs in the area with an average annual salary exceeding $150,000 has not dissuaded opposition from certain elected officials and advocacy groups. Of course, Amazon has heavily researched other cities and may still be in conversation with some of them for potential future sites. Amazon boxes are seen stacked for delivery in the Manhattan borough of New York City, on January 29, 2016.

by | February 08, 2019 | 01:05

Owing to benign inflation numbers, the central bank changed its policy stance to neutral from calibrated tightening, adopted in October policy meet previous year under the then RBI Governor Urjit Patel. The government was believed to be unhappy with the RBI over a number of issues, including its apparent reluctance to cut rates to stimulate the economy.

by | February 08, 2019 | 00:24

The oil price also came under pressure as weekly data published by the U.S. Energy Information Administration on Wednesday showed an unwelcome increase in stocks of crude oil . Venezuela, like fellow OPEC members Iran and Libya, was exempt from production curbs under the OPEC+ deal on expectations that its output faced involuntary downward pressure in 2019.

by | February 07, 2019 | 01:56

The API reported a 2.5M barrel build during last week. The potential gusher comes as Venezuela's production plunges amid an economic crisis and USA sanctions targeting the country's oil sector. US sanctions on Venezuela's state oil company could also lift prices, though they have yet to trigger any sharp increase. The producers' alliance, known as OPEC+, began cutting production from last month to avert a new supply glut.

by | February 07, 2019 | 01:16

Senate Minority Leader Chuck Schumer, who asked Abrams to deliver the Democrats' response , said earlier Tuesday that she "is going to do a great job" and billed Trump as the warm-up act for her. Pelosi emerged the victor when Trump reopened the government without funding for his border wall - meeting her demand to end the shutdown for negotiations on border security to continue.

by | February 06, 2019 | 02:43

Traffic acquisition costs or TAC were $7.4B (consensus: $7.62B; up from $6.58B in Q3) or 23% of revenue, down a percentage point from last year's quarter. The number of clicks on ads that Google ran on its own services surged 66 percent in the fourth quarter, versus the 2017 holiday period. YouTube numbers are buried inside Google, while cloud and hardware results are part of Google's Other revenues line.

by | February 06, 2019 | 02:23

None are words typically associated with the 45th chief executive, who once stood outside the Capitol and spoke about "American carnage" during his Inauguration address. The focus on reaching across the aisle is a tacit admission from the White House that Trump may need a course correction if he is to win re-election.

by | February 04, 2019 | 01:28

The Bureau of Labor Statistics announced that the initial response rate for the Establishment Survey was just 61%, the lowest since 2008. Although the economy is said by many market analysts to be slowing down, the month of January marked 100 months in a row of positive job creation, the longest streak on record.

by | February 03, 2019 | 03:30

Prices sank after the U.S. Energy Information Administration reported U.S. oil production rose to an all-time high of 11.9 million barrels per day (Mmbpd) in November, up from 11.5 Mmbpd in October. Americans who work for non-U.S. companies must stop doing any business with PDVSA by March 29. Global markets gained support from comments on Twitter by U.S.