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Home2018November

Month: November 2018

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Business News

Bayer CEO says would consider glyphosate settlement depending on costs

November 2, 2018 admin Comments Off on Bayer CEO says would consider glyphosate settlement depending on costs

Bayer AG’s chief executive said this week the company might consider settling lawsuits over Monsanto’s glyphosate-containing weed-killers depending on how high court costs rise, but stressed it remained focused on defending the combined company against claims they cause cancer.

…read more […]

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Business News

U.S. grants eight countries Iran sanctions waivers: Bloomberg

November 2, 2018 admin Comments Off on U.S. grants eight countries Iran sanctions waivers: Bloomberg

The U.S. government has agreed to let eight countries, including close allies South Korea and Japan, as well as India, keep buying Iranian oil after it reimposes sanctions on Tehran from next week, Bloomberg reported on Friday, citing a U.S. official.

…read more […]

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Global shares rally, dollar eases as Trump report fans U.S.-China trade deal hopes

November 2, 2018 admin Comments Off on Global shares rally, dollar eases as Trump report fans U.S.-China trade deal hopes

Asian shares rocketed to three-week highs on Friday while the dollar softened on a report that U.S. President Donald Trump is taking steps to resolve a damaging trade war with China that has cast a pall over the global economy and financial markets recently.

…read more […]

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Asian shares jump, yuan firms as Trump report fuels hopes of U.S.-China trade deal

November 2, 2018 admin Comments Off on Asian shares jump, yuan firms as Trump report fuels hopes of U.S.-China trade deal

Asian shares jumped to three-week highs on Friday and U.S. equity futures rebounded on a report that U.S. President Donald Trump has asked officials to draft terms for a potential trade deal with China following a phone call with leader Xi Jinping.

…read more […]

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U.S. job growth seen accelerating; strong annual wage gain expected

November 2, 2018 admin Comments Off on U.S. job growth seen accelerating; strong annual wage gain expected

U.S. job growth likely rebounded in October, with wages expected to have recorded their largest annual gain in 9-1/2 years, pointing to further labor market tightening that could encourage the Federal Reserve to raise interest rates again in December.

…read more […]

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Asian shares jump as investors see trade war progress

November 2, 2018 admin Comments Off on Asian shares jump as investors see trade war progress

Asian shares jumped on Friday after a phone call between the U.S. and Chinese presidents raised hopes of a thaw in trade tensions, but gains were checked by signs of slowing global growth and a warning from tech giant Apple Inc on holiday sales.

…read more […]

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Investors bristle as Apple’s iPhone data goes the way of its headphone jacks

November 2, 2018 admin Comments Off on Investors bristle as Apple’s iPhone data goes the way of its headphone jacks

First Apple Inc took away the headphone jack on its iPhones. Then it took away the home button.

…read more […]

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Asian shares rise as Trump, Xi lift hopes on resolving trade row

November 2, 2018 admin Comments Off on Asian shares rise as Trump, Xi lift hopes on resolving trade row

Asian equity markets rose on Friday as China and the United States expressed optimism about resolving their bruising trade war, though a warning from tech giant Apple Inc on holiday sales amid emerging market weakness could weigh on technology shares.

…read more […]

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BMW expands car-sharing service DriveNow in London

November 2, 2018 admin Comments Off on BMW expands car-sharing service DriveNow in London

BMW is expanding its car-sharing service DriveNow into five more London boroughs as the carmaker overcomes some of the barriers to operating across the city where firms need to strike agreements with separate local authorities.

…read more […]

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Business News

Jaguar Land Rover to open technical engineering office in Hungary

November 2, 2018 admin Comments Off on Jaguar Land Rover to open technical engineering office in Hungary

Britain’s biggest carmaker Jaguar Land Rover (JLR) will create 100 jobs with a new technical engineering office in Hungary to allow for close collaboration with suppliers in central and Eastern Europe, the firm said on Friday.

…read more […]

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Apple warns on holiday sales, sending value below $1 trillion

November 2, 2018 admin Comments Off on Apple warns on holiday sales, sending value below $1 trillion

Apple Inc on Thursday warned that sales for the crucial holiday quarter would likely miss Wall Street expectations, which Chief Executive Tim Cook blamed on weakness in emerging markets and foreign exchange costs.

…read more […]

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U.S. judge shreds main claim in Parmesan cheese labeling lawsuits

November 2, 2018 admin Comments Off on U.S. judge shreds main claim in Parmesan cheese labeling lawsuits

A federal judge on Thursday dismissed the central claim in lawsuits accusing five food producers and retailers of deceiving consumers by using “100% Grated Parmesan Cheese” labels to describe products that contained cellulose, an anti-clumping agent made from wood pulp.

…read more […]

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U.S. Appeals Court rules against Sunoco in excise tax case

November 2, 2018 admin Comments Off on U.S. Appeals Court rules against Sunoco in excise tax case

The U.S. Court of Appeals for the Federal Circuit on Thursday upheld a lower court ruling that Sunoco not be allowed to claim $1 billion in alcohol fuel mixture credits on its federal excise tax returns, the U.S. Justice Department said.

…read more […]

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AT&T’s WarnerMedia accuses DOJ with ‘collaborating’ with Dish in HBO dispute

November 2, 2018 admin Comments Off on AT&T’s WarnerMedia accuses DOJ with ‘collaborating’ with Dish in HBO dispute

AT&T Inc’s WarnerMedia has accused the U.S. Department of Justice of “collaborating” with Dish Network Corp in a high profile dispute over carrying HBO and Cinemax.

…read more […]

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Canada October auto sales slide 1.9 percent

November 2, 2018 admin Comments Off on Canada October auto sales slide 1.9 percent

Canada’s auto sales slid for the seventh straight month in October as demand for new cars waned with rising interest rates.

…read more […]

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