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Economy

At the time, his dossier involved topics such as agriculture and industrial goods, along with the field of services trade and the negotiating of bilateral trade agreements. Ron Wyden of OR, the top Democrat on the Finance Committee. "I believe he's going to change the paradigm on China", Lighthizer said of Trump. "Whether China is manipulating the currency right now to weaken it is another question".
  • US restricts electronics from 10 airports, mainly in Middle East

    US restricts electronics from 10 airports, mainly in Middle East

    Economy

    The airports affected by the U.S. electronics rules are served by nine airlines that fly directly from those cities to the United States about 50 flights a day, senior government officials said. And, a bomb on a Somali plane exploded mid-flight in February 2016, killing only the bomber. They did not provide further details on the threat. In other words, there may or may not be a threat, and we may or may not be told what it is at an unspecified time.
  • Inflation leaps to 2.3pc in February - higher than expected

    Inflation leaps to 2.3pc in February - higher than expected

    Economy

    The Bank's monetary policy committee (MPC), under the governor Mark Carney, has said it is happy to let inflation rise some way above its target as it balances the need to support growth and jobs with keeping price rises in check. The ONS said rising transport costs, particularly for fuel, were the main contributor to the rise. Companies under pressure include commodity producers- due to weaker commodity prices - and Associated British Foods, which is a sensitive to rising prices, as they ...
  • Court Grants Ex- NNPC GMD, Andrew Yakubu N300m Bail

    Court Grants Ex- NNPC GMD, Andrew Yakubu N300m Bail

    Economy

    After the arraignment of the defendant, his bail application was argued and the judge subsequently ordered him to be remanded in prison pending the ruling which was delivered on Tuesday. He has however pleaded not guilty to the charges. Consequently, the prosecuting lawyer, Mr. He then proceeded to grant bail to Yakubu for N300m with two sureties in like sum.
  • Donald Trump still a big-time slugger (and a hit) in Louisville

    Economy

    Earlier in his speech, Trump made a similar pitch on trade deals, arguing that health care needs to be cleared from the agenda before he can start renegotiating deals he said have put the United States at a disadvantage. The head of the conservative House Freedom Caucus is already predicting the repeal plan won't pass. Trump said Thursday's vote was Republican's "chance to end Obamacare and the Obamacare catastrophe and begin delivering the reforms our people deserve".
  • Vodafone-Idea merger and the making of a global telecom titan

    Vodafone-Idea merger and the making of a global telecom titan

    Economy

    The result of the consolidation could be that in the next two years, telecom tariffs may rise to a level where telecom companies rake in profits, thus ending the current ultra-low prices. The deal will also create India's widest mobile network with Idea Cellular making $5.5 million revenue in 2016 and Vodafone India making $6.7 million revenue during the same period.
  • US To Ban Pax Electronics on Flights from Eight Countries

    Economy

    The airports affected are Cairo International Airport (CAI) - Egypt, Queen Alia International Airport (AMM) - Jordan, Kuwait International Airport (KWI) - Kuwait, Mohammed V Airport (CMN) - Morocco, Hamad International Airport (DOH) - Qatar, King Abdul-Aziz International Airport (JED) - Saudi Arabia, King Khalid International Airport (RUH) - Saudi Arabia, Ataturk International Airport (IST) - Turkey, Dubai International Airport (DXB) - United Arab Emirates, Abu Dhabi International Airport ...
  • UK Inflation Jumped By 2.3% In February

    UK Inflation Jumped By 2.3% In February

    Economy

    Last month, the year-to-date fall over the first 10 months of the year was reported at 13.6 billion pounds, with the steeper fall reflecting the lower February deficit but also revisions to earlier months. Kristin Forbes, one of the nine rate-setters on the MPC, broke rank to vote for an interest rate hike to 0.5 per cent last week amid fears that inflation is "rising quickly and was likely to remain above target for at least three years".
  • Welder wins $100000 in Berkshire Hathaway March Madness contest

    Welder wins $100000 in Berkshire Hathaway March Madness contest

    Economy

    The Berkshire Hathaway's NCAA Tournament bracket contest would of awarded the victor a $1M prize per year for life if they would of correctly predicted the first two rounds and a $1M prize for getting all 32 first round games correct. The ultimate prize of Buffett's competition is 1 million a year for life. "We like doing it because we often act as separate companies and this brings us all together".