Finance

Finance Fuel prices to remain unchanged: Radebe
Author: 0 Fuel prices to remain unchanged: Radebe

On that day, the rate in Mumbai was Rs 86.24 per litre. Mumbaikars are already frustrated with low mileage and extra fuel consumption due to road congestion, and vehicle speeds dropping to 10kmph on express highways during peak hours. Fuel prices have been on the rise since August 16 after the rupee dipped to its lowest value against the USA dollar. Rupee is at an all-time low of Rs 71 while crude oil has gained $7 a barrel in the last two weeks.

Finance Multi-billion dollar SA, China deals to enable economic growth
Author: 0 Multi-billion dollar SA, China deals to enable economic growth

Trade between Africa and China in 2014 was at $220 billion. Sisulu identified rising nationalistic ethos, populism, unilateralism, protectionism and the emergence of global trade wars among the current challenges that representatives of all 54 states gathering for Forum on China-Africa Cooperation had to confront during the two-day summit that would end on Tuesday.

Finance Argentina Asks IMF to Speed Up Payments From $50 Billion Line
Author: 0 Argentina Asks IMF to Speed Up Payments From $50 Billion Line

The peso's Thursday decline followed an earlier fall of 7% on Wednesday, culminating in the currency's steepest decline since it floated in 2015. The peso closed down 13.2 percent at 39.25 per dollar on Thursday. But the June deal has been slow to calm nerves about the country with an inflation rate of almost 30%, soaring twin deficits, and a currency crisis.

Finance Claiming Unfair Treatment, Trump Threatens To Pull United States From WTO
Author: 0 Claiming Unfair Treatment, Trump Threatens To Pull United States From WTO

During his campaign, he had said that the "single-worst decision ever made by the US" was to join the WTO in 1994. "The hatred and extreme bias of me by @CNN has clouded their thinking and made them unable to function". Mr. Lighthizer accused the WTO dispute-settlement system of interfering with USA sovereignty, particularly on anti-dumping cases. It comes as President Trump set a Friday deadline for Canada to sign a new agreement with the U.S.

Finance Automakers jump as Trump-Mexico deal averts tariff doomsday
Author: 0 Automakers jump as Trump-Mexico deal averts tariff doomsday

Before entering the USTR building, Freeland told reporters she is "encouraged by the progress the USA and Mexico have made, particularly on cars and labor". The offer, the report said, is part of an effort to save a dispute-settlement system within NAFTA, maintain safeguards for cultural industries and avert tougher pharmaceutical patent protections.

Finance Trump Refuses To Make A Deal With Canada
Author: 0 Trump Refuses To Make A Deal With Canada

The most frequently cited points of deep disagreement included Mexico's bid to safeguard its burgeoning auto sector-Trump's most obvious target-and Canadian resistance to US demands for more access to Canada's protected dairy market and an end to NAFTA's dispute settlement panels.

Finance Trump cancels planned January pay increase for civilian federal workers
Author: 0 Trump cancels planned January pay increase for civilian federal workers

Trump said he was nixing a 2.1 percent across-the-board raise for most workers as well as separate locality pay increases averaging 25.7 percent. Gerald E. Specifically, I have determined that for 2019, both across the board pay increases and locality pay increases will be set at zero. "As noted in my budget for fiscal year 2019, the cost of employing the federal workforce is significant", he wrote .

Finance Coca-Cola is buying Costa as the United Kingdom hits peak coffee
Author: 0 Coca-Cola is buying Costa as the United Kingdom hits peak coffee

Whitbread bought Costa in 1995 from founders Sergio and Bruno Costa and presently runs about 2,400 stores in the United Kingdom and some 1,400 around the world. Whitbread agreed to sell Costa, which operates more than 3 800 locations in 32 countries, the companies said in a statement on Friday. Costa has over 2,400 coffee shops in the United Kingdom and another 1,400 in more than 30 global markets.

Finance RBI Confirms 99.15% of Demonetized Money Coming Back
Author: 0 RBI Confirms 99.15% of Demonetized Money Coming Back

According to NDTV , the RBI has taken an awfully long time to count the currency that was returned in the limited period, which was provided by the government to exchange or deposit the demonetised notes. Counterfeiters had also shifted to recreating smaller notes and were now able to replicate en masse the new 500 and 2,000-rupee notes, it said. Digital transactions have grown, but the RBI found the value of banknotes in circulation had also increased in the past year by 37.7%.

Finance Elon Musk Revives Thailand Diver
Author: 0 Elon Musk Revives Thailand Diver "Pedo" Controversy With New Tweets

While Tesla shares spiked the day of Musk's August 7 tweet , they have since fallen around 9 percent as concerns grow over Musk's leadership. The National Labor Relations Board has filed a complaint against the electric-car maker, accusing it of violating USA labor laws when Elon Musk tweeted a suggestion in May that employees would lose their stock options if they unionized.

Finance Toyota And Uber Team Up For Testing Autonomous Tech On Sienna Minivans
Author: 0 Toyota And Uber Team Up For Testing Autonomous Tech On Sienna Minivans

It seems Uber has plans to up its game in the self-driving vehicle industry. The Wall Street Journal reported the investment earlier Monday, and details of the driverless-car partnership hadn't been previously reported. Our goal is to deploy the world's safest self - driving cars on the Uber network, and this agreement is another significant step towards making that a reality.

Finance Trump’s
Author: 0 Trump’s "new NAFTA" deal with Canada could be relief for developers

When the reality show spectacle of Trump's Oval Office phone call with Pena Nieto had subsided, senior US officials briefed journalists on a conference call. The U.S. and Mexico have reached a preliminary agreement to revise key portions of the arrangement, the New York Times reports , leaving out Canada altogether for now.

Finance United States and Mexico reach a preliminary trade deal
Author: 0 United States and Mexico reach a preliminary trade deal

Although Trump threatened to slap additional tariffs on Canada if it didn't come to terms on a new pact this week, administration officials said the side agreement with Mexico wasn't meant to put pressure on Ottawa. That aim also may lie behind his comment that "we'll see" whether Canada remains a part of the trade deal. On Tuesday, the Journal ripped apart the president's trade deal with Mexico in a scathing op-ed .

Finance Trump hints at making ‘a big trade agreement with Mexico’
Author: 0 Trump hints at making ‘a big trade agreement with Mexico’

Trump says on Twitter that the U.S. -Mexico relationship "is getting closer by the hour" and he says a trade deal "could be happening soon!" The U.S. Even when Canada is asked to rejoin talks, its negotiating team may have to begin without Freeland. The Trump administration appears to have agreed to limiting an increase in tariffs, to 25 percent, to cars that are manufactured in new plants, and grandfathering existing factories to lower tariffs, according to a Bloomberg report .

Finance The economics behind Ryanair's bag rules
Author: 0 The economics behind Ryanair's bag rules

The new control frames in airports are calculated with a margin for items with dimensions up to 42х20х30 inches. The measure will kick in at the boarding gate on November 1 and for all bookings made after September 30. As of November 1st, anyone who hasn't bought priority boarding will have to cough up an extra £8 if they want to take a 10kg travel suitcase with them on their trip.

Finance No-deal Brexit a 'grisly prospect' says Food and Drink Federation
Author: 0 No-deal Brexit a 'grisly prospect' says Food and Drink Federation

Meanwhile, the government tried to assure the organic food industry today that some processes will remain the same even if the United Kingdom comes away with no deal . Credit card charges, cigarette packet health warnings, the Erasmus student exchange programme: "some of the details plucked out of the Government's first tranche of no deal Brexit " technical notices " are interesting and alarming, but ultimately economically trivial" says Ben Chu in The Independent .

Finance S&P 500, Nasdaq end at records after Fed speech
Author: 0 S&P 500, Nasdaq end at records after Fed speech

Most people who want jobs can find them. " This is good news, and we believe that this good news results in part from the ongoing normalization process, which has moved the stance of policy gradually closer to the FOMC's rough assessment of neutral as the expansion has continued ".

Finance Florida authorities: Multiple dead during mall shooting
Author: 0 Florida authorities: Multiple dead during mall shooting

The lone shooting suspect died at the Jacksonville Landing , where the shooting took place, Jacksonville County Sheriff Mike Williams said during a 4:30 p.m. The Jacksonville Sheriff's Office is in the process of securing the location, and are investigating into the possibility of a second suspect. Gjoka tweeted: "The tourney just got shot up.

Author: 0 Money and loyalty: A look inside dramatic Trump-Cohen rift

Weisselberg had been invited to testify before a grand jury earlier in the year and then spoke to prosectors, said The Wall Street Journal . Cohen said his actions were directed by a candidate (identified by Cohen's lawyer as Trump) and aimed to influence the 2016 presidential election.