Business

by | July 31, 2018 | 17:47

It will also associate with third party e-commerce companies to help leverage its popularity in apparel and merchandise. In an investor communication, Harley-Davidson said, "We intend to enter into a strategic alliance in Asia to launch a 250-500cc motorcycle within 2 years in India, and into other emerging markets in Asia over time".

by | July 30, 2018 | 21:32

Currently, its stocks are at US$174.89 down 0.78 per cent. Mr Kacouris said the marketplace was "shocked" when "the truth" began to emerge on Wednesday from the Menlo Park, California-based company. Facebook founder and CEO Mark Zuckerberg lost United States dollars $15.7 billion today as Facebook stocks plummeted by 19%, reports CNN . Facebook's legal storm seems endless, considering it has already faced dozens of lawsuits following its mishandling of user data.

by | July 28, 2018 | 19:47

MarketWatch reports the decline, which erased about $120 billion Dollars in market value, is both the largest single-day percentage drop ever and the largest market value loss in a single day, as well. Despite this bad news, it's hard to see Facebook actually continuing to grow its userbase. Want more Glenn? Check him out on Facebook , Twitter , and YouTube .

by | July 27, 2018 | 22:31

Will Lang, chief meteorologist at the Met Office, said temperature records could still be broken. The heatwave is causing havoc in Britain with people getting into difficulty in rivers and holidaymakers facing travel disruption. The amber, or level three, warning is issued when temperatures are predicted to hit 30C (86F) during the day, and 15C (59F) at night, for at least two consecutive days.

by | July 26, 2018 | 17:41

The commission, which manages trade relations on behalf of all 28 nations in the European Union, is preparing a list of retaliatory measures on American goods worth $20 billion should the US impose auto tariffs, Malmstrom said . The Alliance of Automobile Manufacturers, a group of major automakers that includes General Motors Co. and Toyota Motor Corp., welcomed the effort to negotiate a solution that will lower trading barriers, rather than increase them.

by | July 26, 2018 | 13:26

That figure includes some $2.7 billion in cash and real estate, according to Bloomberg's Billionaire index . Fourteen analysts surveyed by Zacks Investment Research expected $13.4 billion. The company's user numbers also came below expectations, with the growth in monthly users stalled in the U.S. and down slightly in Europe. Daily user growth for Facebook's namesake service has slid in six straight quarters, bringing it to 1.47 billion users in the second quarter from 1.23 billion at the ...

by | July 25, 2018 | 19:47

Fiat pushed that change on Chrysler - and everyone benefited, he said. Sergio created a remarkable legacy in the automotive industry. In doing so, Elkann followed Marchionne's wishes to appoint Manley his successor, two people said. Complications arising from surgery on his shoulder had led to the Italian-Canadian being replaced as the head of Ferrari and Fiat-Chrysler companies last Saturday.

by | July 24, 2018 | 21:40

But those issues have yet to halt Alphabet, which has grown quarterly revenue at least 20 percent year-over-year for two straight years. Alphabet's stock rose 3.5 percent in after-hours trading, and some analysts recommended the company's shares.

by | July 24, 2018 | 21:23

When Donald Trump announced his tariffs plan in April he promised that it would only work to benefit farmers. After Trump hit China with tariffs, they responded with a 179 percent retaliatory tariff on USA sorghum. America's farmers don't want to be paid to lose - they want to win by feeding the world. "Tariffs are the greatest! ". He has also threatened to slap tariffs on imported cars, trucks and auto parts, potentially targeting imports that a year ago totaled $335 billion.

by | July 23, 2018 | 16:45

US Secretary of State Mike Pompeo met with Kim's key aide this month during his latest trip to Pyongyang, but as soon as he left, the North Korean Ministry of Foreign Affairs berated him over his "unilateral and gangster-like" demands. Pompeo said North Korea had reaffirmed its commitment to give up its nuclear weapons and that progress had been made on arranging the return of remains of US soldiers killed in the 1950-53 Korean War.

by | July 18, 2018 | 10:45

In a weird series of tweets on Sunday, Musk said he would produce a video proving his submarine would have been able to reach the children and in a comment directed at Unsworth, added: "Sorry pedo guy , you really did ask for it". Musk told his followers on Twitter that he was talking to cave experts about a "tiny, kid-size submarine " that he had created that "might be safe enough to try".

by | July 16, 2018 | 08:41

Earlier this month, CEO Elon Musk announced that the company had built 5,000 of the vehicles during the last week of the second quarter, meeting its revised production goal. Tripp has previously said he is motivated to share company information because of safety concerns . Tripp says he has been threatened and harassed in the days since he revealed information about Tesla to the media.

by | July 15, 2018 | 13:18

The food store chain was purchased by Amazon a year ago, and it is offering $10 of credit to spend on Amazon during Prime Day with a single purchase of $10 or more . Let's say you've been a Prime member in the past 12 months, so the free trial doesn't apply to you. A $119-a-year Prime membership includes more than just free shipping these days.

by | July 15, 2018 | 13:03

The US Trade Representative office will hold hearings on the targeted products and an administration official said it would take about two months to finalise the list, at which point Trump would decide whether to go ahead with the tariffs.

by | July 14, 2018 | 11:31

Mr Johnson, the New York Jets American football team owner who was appointed United Kingdom ambassador in August past year, took a more conciliatory approach on Wednesday. Ambassador Johnson said he would facilitate a meeting between Trump and Boris Johnson, who is seen as a potential challenger to May, telling BBC radio: "If the president wants to do that and he feels it's appropriate, he'll make that decision".

by | July 09, 2018 | 06:44

The president, therefore, is paying much closer attention to the harmful impact of higher oil and gasoline prices on consumers in swing states. He also mentioned that a working group to discuss the plan was being formed. OPEC and Russian Federation said in June they were willing to raise output to address concerns of supply shortages due to unplanned disruptions from Venezuela to Libya , and likely also to replace a potential fall in Iranian supplies due to USA sanctions.

by | July 06, 2018 | 03:29

As the 2018 mid-term elections loom, Trump's threat to the Saudi-led OPEC oil cartel is a sign to voters that he's doing something about rising prices at the pump (even if it's just sending tweets). The global community had expected sanctions waivers for some countries, a tactic used in the Obama era to avoid supply shocks. "Your tweets have driven the prices up by at least $10 per barrel", OPEC Governor Hossein Kazempour Ardebili said, according to the Iranian Oil Ministry's Shana ...

by | July 06, 2018 | 00:43

China said that it wouldn't implement tariffs ahead of the USA on Friday, after previous arrangements put it on course to do so. Gao said China would not bow to threats or blackmail and would have to fight back if the USA went ahead and imposed the tariffs.

by | July 04, 2018 | 07:26

Last year, Mexico recorded more homicides than at any point in its modern history, and it is on track to break that record this year. In the elections for Congress, his MORENA party and its allies could win majorities in both chambers, according to projections based on results still trickling in.

by | July 03, 2018 | 02:10

The Trump administration is claiming some early success in its quest to cripple Iran with sanctions in order to drag it back to negotiations and change its behavior, even as it softens its demand on USA allies to reduce their Iranian oil imports to zero.