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Economy

Trump replied that "it would be wonderful... if North Atlantic Treaty Organisation and our country could get along with Russian Federation". Describing the Syrian leader as a "butcher" he said he had "absolutely no doubt" the U.S. "Apart from the statements, we observed very recently the extremely worrying actions, when an illegal attack against Syria was undertaken", said Lavrov.
  • Volvo to Export Electric Cars From China

    Economy

    GM is targeting the launch of at least 10 NEVs by 2020 and has already built a battery assembly plant in Shanghai to deliver battery packs next year. Hangzhou-based Changjiang EV, the flagship brand under FDG Electric Vehicles - in which Hong Kong tycoon Li Ka-shing owns a stake - entered the arena a year ago with a focus on electric vans and buses.
  • U.S. 'not trying to pick a fight' with North Korea

    U.S. 'not trying to pick a fight' with North Korea

    Economy

    The Trump administration has signaled a more forceful US stance toward North Korea's recent missile tests and threats, including a warning from Trump that North Korean leader Kim Jong Un has "gotta behave". "The Kim Jong-un regime is afraid of me", the candidate said on his campaign trail in Daegu, 302 kilometers southeast of Seoul . Most experts believe the regime is still at least several years from that goal, but the North does have conventional weapons with a proven range to put USA ...
  • EPA chief delays methane rule at behest of oil and gas firms

    Economy

    The northwest IN city is now part of a superfund clean-up site after last year's discovery, which forced residents to evacuate and leave their homes. He also said the chemical the city began using in 2015 could be worse than having no corrosion control at all. "Keep fighting people, keep fighting, because that is what it takes", she said.
  • Taiwan remains on United States currency monitoring list

    Economy

    Trump has said some United States trading partners, particularly China, manipulated their currency but has since backed off that claim and acknowledged that China had not weakened the yuan to make its exports cheaper. "When the President fails to label them a currency manipulator, he gives them a green light to steal our jobs and wealth time and time again", Schumer said.
  • Crude Oil Prices Recover From Sharp Losses, Supply Concerns Persist

    Economy

    Traders said that the slight gains came on the back of a reduction in commercial U.S. crude stocks, which fell by 1 million barrels last week to 532.34 million barrels, according to the U.S. West Texas Intermediate was down 0.2 percent to $50.75 per barrel. On May 25, ministers from the Organization of Petroleum Exporting Countries will convene in Vienna, Austria to discuss the possibilities of prolonging the supply cuts.
  • Bill Shorten releases housing affordability plan

    Bill Shorten releases housing affordability plan

    Economy

    In particular, there has been a flurry of kite flying with a proposal to allow first home buyers to access their superannuation to fund a housing purchase. He claimed this direct borrowing had "seen an explosion in borrowing from $2.5 billion in 2012 to more than $24 billion today". At the time the Murray review made the recommendation on super funds, the government said "while the government notes that there are anecdotal concerns about limited recourse borrowing arrangements, at this time ...
  • South Korea on heightened alert as North readies for army celebration

    Economy

    Tensions in Northeast Asia have been ramped up by threats from the North to carry out a sixth nuclear test or an intercontinental ballistic missile test. It would also demand an immediate end to the North's nuclear and missile tests, threaten to take "further significant measures" - United Nations code for new sanctions - and state that North Korea's illegal activities "are greatly increasing tension in the region and beyond".
  • Poland hoping for 'development of relations' between EU, Turkey after referendum

    Poland hoping for 'development of relations' between EU, Turkey after referendum

    Economy

    Hundreds of people are queuing in front of Turkey's election board in cap. (AP Photo/Emrah Gurel). A supporter of the "no" vote lights a flare during a protest in Istanbul, against the referendum outcome, Monday, April 17, 2017. On Turkey's European Union accession, Erdogan said Turkey could also hold a referendum on Turkey's EU membership, complaining, "They had us wait in front of the EU's door for 54 years".
  • HOUGHTON MIFFLIN HARCOURT CO (NASDAQ:HMHC) Up 9.43%, Can the Run Continue?

    Economy

    And doubling the growth more than doubles the capital gain, due to the compounding effect. The Company has 123.16 million shares outstanding and 122.58 million shares were floated in market. Lasry Marc holds 9.99% of its portfolio in Houghton Mifflin Harcourt Co for 3.16 million shares. The stock has earnings growth of 14.30% yoy and showed a high EPS growth of 5.40% over the past five years.
  • Notable Moving Stock: Pepsico, Inc.'s (PEP)

    Notable Moving Stock: Pepsico, Inc.'s (PEP)

    Economy

    During the same period in the previous year, the company posted $1.06 EPS. Itau Unibanco Holding S.A. bought a new position in shares of PepsiCo during the third quarter valued at approximately $101,000. The return on assets ratio shows how well management is employing the company's total assets to make a profit. Several brokerages have commented on PEP.
  • Chinese Industrial Production, Retail Sales Surge in March

    Chinese Industrial Production, Retail Sales Surge in March

    Economy

    China's economy has recorded better than expected growth for the second consecutive quarter with its GDP increasing 6.9%. While posting better-than-expected growth for the first quarter, the Chinese statistics bureau said Monday that crude oil production was down from a year ago.