Finance

Donald Trump criticises Harley-Davidson for decision over tariffs

Donald Trump criticises Harley-Davidson for decision over tariffs

Payne explained that it will cost the company $200 million to close the Kansas City plant and open a new one in Thailand. Greg Cramer of York said he would hate to see American jobs lost, but ...

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US stocks slide on escalating US-China trade tensions

US stocks slide on escalating US-China trade tensions

The EU and China discussed "difficult issues" such as state subsidies, forced tech transfers, and cyber security during the talks, European Union Commission Vice President Jyrki Katainen told a news...

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U.S. seeks to cut Iran oil sales to zero

U.S. seeks to cut Iran oil sales to zero

Fars news agency reported that parts of Tehran's Grand Bazaar were on strike for a second straight day. On Monday, police patrolled the bazaar following clashes with protesters angered by the rial'...

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Harley-Davidson To Move More Production Oversees Amid US-EU Trade Tensions

Harley-Davidson To Move More Production Oversees Amid US-EU Trade Tensions

The company said that while it does not plan to raise retail or wholesale prices, it expects an incremental cost of $2,200 per unit exported from USA to the EU. On the menu Tuesday morning are Europea...

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Harley-Davidson moves some production from USA due to tariffs

Harley-Davidson moves some production from USA due to tariffs

The company said in a statement , "Harley-Davidson maintains a strong commitment to US-based manufacturing which is valued by riders globally". Long term, Harley will attempt to offset the tariffs...

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Turkey Elections: Erdogan Wins Second Term

Turkey Elections: Erdogan Wins Second Term

Turkey's strongman leader Recep Tayyip Erdogan has secured another term as the country's president after winning a majority of votes in Sunday's presidential election, according to the state news ...

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China and Europe warn trade war could trigger global recession

China and Europe warn trade war could trigger global recession

Benchmark Wall Street stock indexes suffered their worst losses in two months on Monday, while safe haven Treasury debt yields fell. Facebook Inc dropped 2.7 percent, Amazon.com Inc fell 3.1 percent...

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Trade Rift Within Trump Administration Sends Stocks on Wild Ride

Trade Rift Within Trump Administration Sends Stocks on Wild Ride

The White House is also expected to unveil new rules later this week that would restrict Chinese investment in U.S. technology such as robotics and aerospace. This was seen by many as an attempt to re...

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Harley Davidson 'waving the white flag', tweets Trump

Harley Davidson 'waving the white flag', tweets Trump

The EU's tariffs retaliating against Trump's steel and aluminum levies will cost Harley about US$2,200 per bike shipped to Europe, according to a Monday filing. Harley said ramping up production at it...

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Harley-Davidson to take big hit from European Union tariffs

Harley-Davidson to take big hit from European Union tariffs

The tariffs will increase the cost of a motorcycle exported from the U.S.to the E.U.by about $2,200 per bike, and would cost Harley-Davidson between $90 and $100 million per year, the company told the...

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We’re not bluffing about no-deal Brexit, says Fox

We’re not bluffing about no-deal Brexit, says Fox

Airbus has warned it could relocate out of the United Kingdom with the loss of thousands of jobs in the event of a no deal Brexit. A Downing Street source said: "We are confident of getting a good d...

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Turkey's Erdogan set to assume sweeping powers after election win

Turkey's Erdogan set to assume sweeping powers after election win

The main rival of President Recep Tayyip Erdogan in a weekend presidential election said on Monday that he accepted results handing victory to the Turkish strongman in the first round. "I hope nob...

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Harley-Davidson To Shift Some Production Overseas Due To Trade War

The company already has plants in Australia, Brazil and India, and it will soon open another facility in Thailand. The company said it will raise investment in its global plants, but did not say whi...

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Harley, blaming tariffs, will shift some manufacturing overseas

Harley, blaming tariffs, will shift some manufacturing overseas

Harley-Davidson Inc ( HOG .N) said on Monday it would not raise retail or wholesale prices for its dealers to cover the costs of the retaliatory tariffs by the European Union on US products. Harley-Da...

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French racer sets new record for Pikes Peak International Hill Climb

French racer sets new record for Pikes Peak International Hill Climb

While the ID R Pikes Peak displayed blistering pace in practice, there was considerable doubt about Dumas's prospects of setting a record, with rain and mist sweeping across the mountain shortly bef...

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Berlin says European Union summit won't solve migration problem

Berlin says European Union summit won't solve migration problem

German Chancellor Angela Merkel said during a visit to Lebanon on Friday that conditions in Syria are not yet right for refugees to return. This is despite a sharp decrease in migrant arrivals sin...

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9000 barrels of aging bourbon crash to ground after collapse in Kentucky

9000 barrels of aging bourbon crash to ground after collapse in Kentucky

The structure has a 12-foot (3.6-meter) basement that would help contain spills, said Joe Prewitt, the local emergency management director. Initial water samples came back clean. The Environmental P...

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Tens of thousands anti-Brexit protesters march in London, demand new vote

Tens of thousands anti-Brexit protesters march in London, demand new vote

Earlier this week, Theresa May said a so-called Brexit dividend could be used to fund part of an extra £20bn a year for the health service . "What we need to do now is get closer to our European ...

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Covington Capital Management Buys 18,235 Shares of Micron Technology, Inc. (MU)

Covington Capital Management Buys 18,235 Shares of Micron Technology, Inc. (MU)

Great West Life Assurance Com Can holds 0.2% or 1.60M shares in its portfolio. 34,800 are held by Mark Sheptoff Fin Planning Ltd Company. UBS Group started coverage on shares of Micron Technology in...

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Markets Right Now: Stocks rise as trade war fears ease

Markets Right Now: Stocks rise as trade war fears ease

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. The Dow, which counts Boeing Co., Apple Inc. SPDR Dow Jones Industrial Average ETF has ...

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International Monetary Fund welcomes Greek debt deal but has reservations on long-term

International Monetary Fund welcomes Greek debt deal but has reservations on long-term

Yields on Greek bonds dropped with the 10-year note falling as much as 1.01 percent at 11.57 am Athens time on Wednesday to nearly a month low, while the Athens Stock Exchange General Index rose as mu...

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Bank of England holds rates at 0.5%, but hike edges closer

Bank of England holds rates at 0.5%, but hike edges closer

Markets saw the decision as hawkish with stronger sterling and higher rates . The big change was that BoE Chief Economist Haldane is now supportive of another rate hike. But Samuel Tombs, at Panthe...

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United Kingdom confident of good Brexit deal after Airbus concern - May's spokeswoman

United Kingdom confident of good Brexit deal after Airbus concern - May's spokeswoman

The companies has four factories in Britain and employs 14,000 there. A Welsh government spokesperson said: "We have repeatedly warned that the United Kingdom can not take the huge economic risk o...

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National Take Your Dog to Work Day

National Take Your Dog to Work Day

That's why many companies with such policies also have designated pet areas and require dogs to be trained before they are brought to the office. The 2016 Petplan Pet Census report surveyed 10,000...

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Eurozone creditors reach deal on Greek debt relief

Eurozone creditors reach deal on Greek debt relief

Sorras founded the Convention of Greeks political group, claiming to have access to enough money in foreign bonds to cover Greece's 320 billion-euro foreign debt. If global investors don't like Gree...

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Daimler cuts 2018 profit outlook on trade war and EU emissions control

Daimler cuts 2018 profit outlook on trade war and EU emissions control

The company projects annual EBIT at Mercedes-Benz Vans division to be significantly below the previous year's level, and at Daimler Buses division to be in the magnitude of the previous year. Daimle...

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Anti-Brexit campaigners descend on London to demand second referendum

Anti-Brexit campaigners descend on London to demand second referendum

Marchers will descend on Parliament Square, where speakers will include Liberal Democrat leader Sir Vince Cable, Tory former minister Anna Soubry, Labour's David Lammy and Green co-leader Caroline Luc...

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Asian stocks mixed amid underlying US-China tension

Australia's S&P/ASX 200 climbed 1.2 percent to 6,172.60. But the Dow industrials slipped 42.41 points, or 0.2 percent, to 24,657.80. Tensions have been higher after the USA proposed another level of...

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Internet sales tax ruling could have big impact in Florida

Internet sales tax ruling could have big impact in Florida

South Dakota law, the focus of the court ruling, requires online retailers with more than $100,000 in annual sales to collect taxes. Even so, some other larger merchants, including Wayfair , Newe...

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European Union slaps tariffs on United States as trade war erupts

European Union slaps tariffs on United States as trade war erupts

In total, the U.S. imported over $43 billion worth of vehicles for people transportation in 2017. European Commission President Jean-Claude Juncker, who has said the bloc would target "Harley-Da...

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Chinese investment in US falls amid asset sales, tighter scrutiny

Chinese investment in US falls amid asset sales, tighter scrutiny

And indeed, according to research firm Rhodium Group, China's direct investments in the USA plunged in the first half of 2018 as Chinese companies completed acquisitions and greenfield investments...

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OPEC moves towards raising oil supply as Iran softens stance

OPEC moves towards raising oil supply as Iran softens stance

Iranian Minister of Petroleum Bijan Zangeneh and Saudi counterpart Khalid al-Falih have held talks in Vienna just before the OPEC group met to decide on policy, the Shana news service reported. "O...

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Volvo S60 debuts in Charleston

Volvo S60 debuts in Charleston

At first glance, the S60 doesn't look all that different from the big-boy S90 sedan. You'll also be able to specify Volvo's Pilot Assist level two autonomous driving tech that will steer, accelerat...

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OPEC meets Russian Federation and allies to agree oil output boost

OPEC meets Russian Federation and allies to agree oil output boost

That's because some OPEC members would be unable to sufficiently ramp up crude production. The price of oil jumped after the announcement, with the worldwide benchmark, Brent, gaining 2.5 per cent t...

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This is (potentially) a $45m Ferrari 250 GTO

This is (potentially) a $45m Ferrari 250 GTO

But elegance and scarcity aren't the only standouts on the 250 GTO's resume. A classic Ferrari is set to become the world's most expensive vehicle by selling for more than £35 million. Mr Bulgar...

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MZI Resources Ltd (MZI) Decline -9.52% on Jun 21

This ratio provides insight as to how high the firm's total debt is compared to its free cash flow generated. Needless to point out, investing in the ASX is worth considering. RCR Tomlinson Limite...

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Netflix fires PR boss over use of 'N-word'

Netflix fires PR boss over use of 'N-word'

The publication obtained a company-wide memo that Netflix CEO Reed Hastings sent out Friday afternoon. The Hollywood Reporter said Friedland used the N-word in a meeting, and some staffers repo...

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Rats chew through $US25,000 at Indian ATM

Rats chew through $US25,000 at Indian ATM

During its stay, the rat shredded $17,662 worth of Indian rupees. Police say at least one rat slipped through a hole in the back of an ATM in northeastern India and started eating. Of the 2.9 millio...

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Turkey hits US with retaliatory tariffs

Turkey hits US with retaliatory tariffs

India and Turkey have begun implementing retaliatory tariffs against the United States, joining the European Union (EU), China, and other countries in adopting matching measures against US President...

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Turkey strikes back, taxing $2.6 billion worth of US goods

Turkey strikes back, taxing $2.6 billion worth of US goods

China imposed tariffs on $3 billion of U.S. products in early April in response to the steel and aluminum measures. The tariffs will be imposed on imports of USA coal, paper, walnuts, almonds, tob...

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