Money

Chinese Tech Stocks Slip on Possible Cuts to US Investments

Chinese Tech Stocks Slip on Possible Cuts to US Investments In a blunt speech to the annual United International locations Abnormal Assembly, Disclose Councillor and Foreign Minister Wang Yi said: "Erecting walls is not very going to resolve world challenges, and blaming others for one's enjoy complications would not work". [Full Article...]

India Inc Welcomes Government's Corporate Tax Announcements

India Inc Welcomes Government's Corporate Tax Announcements Finance Minister has also announced the government decision to expand the scope of 2 per cent CSR spending. India's equity benchmark, the S&P BSE Sensex , jumped as much as 5.3%, the most intraday since May 2014 and the rupee rallied after the announcement, while sovereign bonds slumped as fiscal concerns came sharply back to the fore. [Full Article...]

Oil Prices Up As Iran Prepares For "All Out War"

Oil Prices Up As Iran Prepares For United Nations spokesman Farhan Haq acknowledged their arrival in a statement to journalists Thursday. Late Wednesday, CBS News cited an unnamed U.S. However, experts told The Associated Press the cruise missiles used in the assault did not have the range to have been launched from Yemen and reach their targets. [Full Article...]

US Federal Reserve cuts interest rates

US Federal Reserve cuts interest rates Among ongoing risks are the continuing uncertainty over Brexit and notes that trade policy uncertainties "have waxed and waned" since the last meeting in July. economics at Renaissance Macro Research. "We are not on a pre-set course, we are going to be making decisions meeting by meeting", Powell said, adding that the Fed would stop cutting rates "when we think we've done enough". [Full Article...]

Saudis couldn't stop oil attack, even with top United States defenses

Saudis couldn't stop oil attack, even with top United States defenses President Donald Trump revealed on Wednesday afternoon that his administration would soon announce its response to aerial strikes on oil facilities in Saudi Arabia, an attack which the administration said was sponsored by Tehran. Iran also seized a British-flagged oil tanker and another based in the United Arab Emirates. Iran denies any connection to the attacks on tankers. Iran's foreign mi... [Full Article...]

Nearly 50000 UAW Employees Strike Against General Motors

Nearly 50000 UAW Employees Strike Against General Motors GM did have a 54-day strike at a key plant in Flint, Michigan, in 1998 that effectively shut down most of its assembly plants. The UAW confirmed Monday that talks had resumed this morning. GM would not give a precise number. GM shares were down almost 3% Monday. "We have a strike fund that we are going to go into because of this". The International Brotherhood of Teamsters, which transpo... [Full Article...]