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Turkey announces sharp tariffs on USA goods

Turkey announces sharp tariffs on USA goods Tensions between the two North Atlantic Treaty Organisation allies have been strained amid Turkey's detention of an American pastor and other diplomatic actions. He also made his now famous speech on the night of the July 2016 failed coup calling citizens out into the street through FaceTime, an iPhone app. It was trading 0.7 percent lower at 6.33948 per dollar at 9:25 a.m.in Istanbul. [Full Article...]

Rising fuel prices push up United Kingdom inflation for first time in 2018

Rising fuel prices push up United Kingdom inflation for first time in 2018 As for year-on-year comparison, retail inflation had increased by 2.36 per cent in July last year. On month-on-month basis, the headline index increased by 1.13 per cent in July 2018, down by 0.11 per cent points from 1.24 per cent recorded in June 2018; representing the first month on month headline inflation decline since February 2018. [Full Article...]

Trump White House Apologizes For What They Do Best - Lying

Trump White House Apologizes For What They Do Best - Lying White House Press Secretary Sarah Huckabee Sanders has backtracked on her claim that the Obama administration created just 195,000 jobs for African Americans, after it emerged that the actual figure is closer to three million. A NPR fact check found the figure Sanders was quoting came from adding the two 20-month stretches following Obama's election in 2008 and re-election in 2012, but ignori... [Full Article...]

Turkey to boycott U.S. electronics, including iPhone

Turkey to boycott U.S. electronics, including iPhone The first warning sign trouble could be afoot came when Trump said on July 26 Turkey would be facing sanctions over its holding for nearly two years of U.S. Turkey's President Recep Tayyip Erdogan announced that the country of 81 million people will boycott American consumer electronics, including Apple's iPhone. [Full Article...]

Tesla Board to Meet Next Week About Going Private

Tesla Board to Meet Next Week About Going Private Einhorn holds a short position on Tesla shares through his hedge fund but it has cost him heavily this year: Greenlight's fund dropped 18.3 percent in the first half of this year, with Tesla being the second-largest contributor to those losses in the most recent quarter. [Full Article...]

Firefighter dies in Mendocino Complex Fire

Firefighter dies in Mendocino Complex Fire After a month of burning, the Ferguson Fire has singed 96,457 acres across three national forests and private land. This summer ranks as one of California's worst fire seasons, as numerous blazes burned with extraordinary intensity and speed across the drought-parched state, stoked by erratic winds and record temperatures. [Full Article...]

Tesla forms three-member panel to look at any Musk deal

Tesla forms three-member panel to look at any Musk deal He later clarified that the funding he referred to was from the Saudi Arabian sovereign wealth fund , which approached Musk with the proposal to de-list the company as early as two years ago, though no formal agreement has been made. Musk has since attempted to calm things down by issuing a blog post Monday in which he expressed confidence that conversations with a Saudi sovereign wealth fund... [Full Article...]

Turkish lira pulls back from record low of 7.24, rattles global markets

Turkish lira pulls back from record low of 7.24, rattles global markets Erdogan appeared unworried by the punitive measures imposed by the United States, saying Turkey could turn to other partners and again terming the crisis an "economic war". Analysts and eurozone financial regulators are concerned about the potential for the weakening lira to cause problems for banks in Turkey, as well as for major lenders in Spain and France . [Full Article...]

Trump authorizes doubling of steel, aluminum tariffs on Turkey

Trump authorizes doubling of steel, aluminum tariffs on Turkey President Donald Trump announced the doubling of steel and aluminum tariffs on Turkey. With the currency diving, Trump authorized higher tariffs on Turkish imports on aluminum and steel of 20% and 50% respectively. Istanbul Chamber of Industry on Friday called for urgent measures to cushion the potential damage of a free-falling lira on real sector, saying the fluctuation has turned into... [Full Article...]

Eat free at McDonald's for life with the McGold Card

Eat free at McDonald's for life with the McGold Card In a campaign to increase the use of its mobile app , McDonald's has announced that every time one of its customers orders food using the app, they will be entered into a drawing to win a McGold Card. The fast-food giant launched its mobile app in 2015, then added mobile ordering and payment features a year ago. Those who want to bypass the app can send an email entry to entry@amoeentry.com ... [Full Article...]

US Stock futures flat as trade fears counter strong earningsNaija247news

US Stock futures flat as trade fears counter strong earningsNaija247news Energy weighs on the S&P 500 on Thursday . Shares of Apple rose 1 percent, while those of Amazon were up 0.8 percent and Microsoft 0.4 percent. The Toronto Stock Exchange's S&P/TSX fell 90.47 points, or 0.55 per cent, to 16,326.51, led lower by the health care, consumer staples and utilities sectors. [Full Article...]

Turkish lira hits record low amid financial panic, rising USA tensions

Turkish lira hits record low amid financial panic, rising USA tensions Then, on Friday, just as the Turkish lira was in a state of free fall, U.S. President Donald Trump helped exacerbate Turkey's problems by announcing dramatically increased tariffs on metal imports from Turkey. But Erdogan, who had remained unusually silent until now as the lira crisis mounted, urged Turks to take matters into their own hands. Turkish President Tayyip Erdogan told a rally... [Full Article...]

SEC looking into Tesla after Elon Musk's tweets, reports say

SEC looking into Tesla after Elon Musk's tweets, reports say In his first tweet he said funding was secured but provided no details. It wasn't until Wednesday when six directors on Tesla's nine-member board publicly acknowledged that Musk approached them last week about pursuing the financing for a buyout that would take the company off the stock market. [Full Article...]

Tesla shares halted as Elon Musk tweets he'll take the firm private

Tesla shares halted as Elon Musk tweets he'll take the firm private In follow-up tweets, Musk said shareholders could either sell at $420 or hold their shares and go private, adding that he was super appreciative of Tesla shareholders and would ensure their prosperity in any scenario . The announcement, made initially via Twitter, stunned investors and sent Tesla's stock price soaring as much as 13 percent. "My intention is for all Tesla employees to remain s... [Full Article...]

Iran's Rouhani Dismisses Trump Call For Talks On Eve Of New Sanctions

Iran's Rouhani Dismisses Trump Call For Talks On Eve Of New Sanctions The second phase blocking Iran's oil sales is due to cause more damage, although several countries including China, India and Turkey have indicated they are not willing to entirely cut their Iranian energy purchases. The same day you (Americans) impose sanctions we open our economy. Iran "has treated its people very poorly, and that's led to terror". Other sanctions on the country's oil indu... [Full Article...]

Apple is 1st Public US Company to be Valued at $1 Trillion

Apple is 1st Public US Company to be Valued at $1 Trillion Apple's achievement seemed unimaginable in 1997 when the company teetered on the edge of bankruptcy, with its stock trading for less than $1. Hot on Apple's heels is Amazon .com, the second-largest listed US company by market value, at around $880 billion, closely followed by Google-owner Alphabet and by Microsoft . [Full Article...]

Apple becomes the world's first trillion dollar company

Apple becomes the world's first trillion dollar company It could cement customer loyalty to these brands, enhancing a perception of quality. This meant that Apple shares had to reach $207.04 per share before breaking $1 trillion. The chart below shows the value over time of a $1,000 investment in Apple made at its December 12, 1980 closing price. They're up 22 percent so far this year. [Full Article...]

Wraps and salads sold at Kroger, Walgreens recalled due to parasite concern

News of the recall comes a few months after McDonald's was linked to a cyclospora infection outbreak that began in May. "FSIS is concerned that some product may be in consumers' refrigerators and that consumers may be at risk due to the length of the Cyclospora incubation period", the announcement said . [Full Article...]

Apple surprises Wall Street with record-breaking Q3 profits

Apple surprises Wall Street with record-breaking Q3 profits Cook said that the more expensive iPhone X was once again the most popular iPhone model this quarter. Apple is on the cusp of becoming the world's first trillion-dollar company after smashing Wall Street forecasts with a leap in profits. [Full Article...]

Harley drives deeper into Asia with smaller bikes to fuel growth

Harley drives deeper into Asia with smaller bikes to fuel growth Through the years, Harley-Davidson will consolidate lower cc segments amidst having its eye out for full size cruisers and tourers to satisfy traditional customers. "The accelerated strategy will require significant investment to change the trajectory of the business globally, and the company plans to fund it entirely through comprehensive cost reduction and reallocation of previously planned inve... [Full Article...]


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