Money

Money Iran: Total has officially withdrawn from South Pars gas project
Author: 0 Iran: Total has officially withdrawn from South Pars gas project

The oil minister also said that efforts are underway to replace the French company with Iranian ones. "It should be accelerated", Foreign Ministry spokesman Bahram Qasemi said. Iranian officials have repeatedly rejected the offer. Still, Mohammad Javad Zarif said such measures have not been enough. With tones of defiance, senior Iranian officials have vowed that Tehran aims to bypass financial sanctions soon to be re-imposed on the Islamic Republic's oil and banking sectors by the Trump ...

Money USA sanctions Russian shipping companies
Author: 0 USA sanctions Russian shipping companies

Russian Deputy Foreign Minister Sergei Ryabkov said the allegations of Russia engaging in hacking, as well as illegally supplying oil to North Korea, were groundless, according to Reuters . Washington has promised more, even tougher measures unless Russian Federation agrees to allow global chemical weapons inspectors into the country and provides "reliable assurances" it will no longer use chemical weapons.

Author: 0 Trump bashes Fed chief Powell in interview with Reuters

Trump during the 2016 presidential campaign, told the Wall Street Journal . "There is little indication that he will accede to any demands from President Trump to halt monetary tightening", he added. Trump, unlike the Fed, doesn't seem concerned with rising prices as the 12-month rate of core inflation in July rose to 2.4%, "a level that hasn't been seen since September 2008", according to MarketWatch .

Money Goats spotted roaming subway tracks still on the lam
Author: 0 Goats spotted roaming subway tracks still on the lam

That message was followed about an hour later by tweet with a picture showing two goats, a matching set with white fur bodies and black and brown heads. props. It's still unclear exactly where the furry fugitives came from - but they were spotted horsing around between the Fort Hamilton Parkway and New Utrecht stops in Borough Park, before the NYPD knocked them out with tranquilizer darts.

Money PepsiCo buys Sodastream for $3.2bn
Author: 0 PepsiCo buys Sodastream for $3.2bn

PepsiCo Chairman and CEO Indra Nooyi calls the companies "an inspired match". Laguarta said PepsiCo committed to keeping Israel the headquarters for 15 years, praising the company's infrastructure and the "amazing" knowhow of factory staff.

Author: 0 Don't throw those contact lenses down the drain

Lenses that are washed down the drain ultimately end up in wastewater treatment plants. Research has found treated waste water has been shown unable to reliably filter out contact lenses , so those who flush their lenses down the toilet are contributing microplastic pollution , according to The New York Times .

Money Whiteboards used as Gatwick flight information screens fail
Author: 0 Whiteboards used as Gatwick flight information screens fail

The airport said an IT issue, which saw the screens going down at 2am today, resulted in a " handful " of passengers missing their flights. The screen failure is affecting both the North and South terminals at the airport. "This is a top priority for us and we are very sorry for any problems caused by this issue". A Gatwick spokesman blamed an "ongoing issue" with Vodaphone, which provides IT services for the airport.

Money Netflix is testing video ads that play between episodes
Author: 0 Netflix is testing video ads that play between episodes

Netflix has touted its ad-free experience for the users until now which has been one of the positive aspects of the media service platform. How would you feel about Netflix potentially introducing ads? The ads played are full-screen videos and are personalized as per the user featuring content which Netflix would have suggested the user otherwise on the platform's interface such as on a row of recommendations.

Money Trump says in 'no rush' to get NAFTA deal
Author: 0 Trump says in 'no rush' to get NAFTA deal

Deal-making progress is expected with Canada after the bilateral negotiations between the USA and Mexico are completed. Trump said on Thursday, 'I'm in no rush. trade officials. Recent discussions with Mexico are largely over provisions affecting the auto industry, and Guajardo said the sides had made "a lot of progress", but still needed to finalize details like the transition period for implementing new commitments.

Money Here's why car-maker Tesla lost millions after CEO's interview
Author: 0 Here's why car-maker Tesla lost millions after CEO's interview

In the interview, Elon also seems to veer between emotional and flippant. The 47-year-old entrepreneur and engineer said this week he believes two-thirds of existing Tesla shareholders would roll over their holdings into a private company, rather than cash out, and that he was still talking with major shareholders and advisers before settling on a structure for a deal.

Money Sports Direct wrangles with House of Fraser suppliers
Author: 0 Sports Direct wrangles with House of Fraser suppliers

House of Fraser's website has been down since Wednesday. The department store chain was bought out of administration by Mike Ashley's Sports Direct last week, but the retail tycoon is not paying suppliers money owed before his rescue.

Money Trump wants to replace quarterly SEC filings with half-yearly reports
Author: 0 Trump wants to replace quarterly SEC filings with half-yearly reports

Nooyi issued a statement on Friday about the conversation with the president, saying that many market participants "have been discussing how to better orient corporations to have a more long-term view". The SEC is an independent agency, and the president can not force it to implement rule changes. A spokeswoman for Chairman Jay Clayton did not respond to a request for comment.

Money Tesla board scrambles to rein in Elon Musk
Author: 0 Tesla board scrambles to rein in Elon Musk

The subpoena from the Securities and Exchange Commission demands information from each of Tesla's nine directors, according to a story published on Wednesday in The Wall Street Journal . The "Saudi sovereign fund has more than enough capital needed to execute on such a transaction", he suggested. According to Bloomberg , the Saudi Fund disclosed in March that it hired Washington law firm Akin Gump Strauss Hauer & Feld LLP to lobby for approval of acquisitions in the USA, with a focus ...

Money Turkey crisis: Mighty dollar makes borrowers shake
Author: 0 Turkey crisis: Mighty dollar makes borrowers shake

Albayrak said Turkey's banks are "healthy and strong" and that implementing structural reforms and maintain tight monetary policy to fight inflation remain a priority. Brunson". He has tightened his grip since consolidating power after general elections this year. On Wednesday, in retaliation, Turkey increased tariffs on several USA -origin products, including alcohol and tobacco products and cars.

Money China Project
Author: 0 China Project "Unclear", Sundar Pichai Tells Google Staff After Concerns

The letter is similar to one thousands of employees had signed in protest of Project Maven , a United States military contract that Google decided in June not to renew. After those discussions, a company official suggested changing the topic because the executives' comments were already being leaked online, one of the people said.

Money Clydebank rail commuters to see fares rise 3.2 per cent
Author: 0 Clydebank rail commuters to see fares rise 3.2 per cent

The RMT union said it opposed Mr Grayling's call - made hours before January's rail fare rise is announced. The rise in January affects about 40% of fares, including season tickets on most commuter routes, some off-peak return tickets on long-distance journeys and anytime tickets around major cities.

Author: 0 United States threatens new sanctions, Turkey vows to respond

Treasury Secretary Steven Mnuchin said additional US sanctions are ready if Turkey refuses to release an American pastor whom the Trump administration says is illegally detained. In a conference call with thousands of investors and economists, Albayrak - who is President Tayyip Erdogan's son-in-law - said Turkey fully understood and recognized all its domestic challenges but was dealing with what he described as a market anomaly.

Money White House denounces Turkey tariffs on United States products
Author: 0 White House denounces Turkey tariffs on United States products

The growing tensions between Washington and Ankara have sent the Turkish currency tumbling to historic lows. The Turkish lira hit a record low of 7.24 to the dollar this week, down 40 per cent this year, as investors fretted over Erdogan's influence over monetary policy and the dispute with the United States.

Money China Blasts US Solar Tariffs
Author: 0 China Blasts US Solar Tariffs

US President Donald Trump approved in January recommendations to impose a safeguard tariff on solar imports of 30% that will be reduced to 25% in the second year, 20% in the third, and 15% in the fourth. "I think China chose to bring it up in order to keep up the rhythm of the trade dispute", she said. On July 6, USA tariffs on 34 billion dollars of Chinese goods came into force, and China responded by enacting tariffs on 34 billion dollars of goods it buys from the United States.

Money Rescue work goes on in Italy after deadly bridge collapse
Author: 0 Rescue work goes on in Italy after deadly bridge collapse

Salvini declined to say how many people are still missing, and he added that trying to locate them was particularly hard, due to the holiday. Coffins carrying the victims of the Genoa bridge collapse began to be laid out in a hospital chapel on Thursday (August 16) with grieving relatives huddled next to their loved ones.

Money Marijuana will sell in online stores
Author: 0 Marijuana will sell in online stores

In terms of this decision's impact on the commercial real estate market, the province has reiterated its commitment to crack down on illegal dispensaries - which means every physical location selling cannabis anywhere in the province, even after October 17.

Money Qatar Rescues Turkey With $15 Billion
Author: 0 Qatar Rescues Turkey With $15 Billion

The lira´s fall had raised fears Turkey was on the verge of a fully-fledged economic crisis, especially in its banking system, that could spill over into Europe and other markets. Washington warned more economic pressures may be in store for Turkey if it refuses to release Brunson, a White House official said on August 15. Finance minister Berat Albayrak told more than 3,000 worldwide investors and economists on a video conference that Turkey would emerge stronger from the crisis.

Money Trump's latest boost to the dollar: U.S.-Turkey spat
Author: 0 Trump's latest boost to the dollar: U.S.-Turkey spat

Behind the scenes, however, diplomatic dialogue appears to have resumed. In New York Tuesday, the Dow, S&P 500 and the Nasdaq all posted gains of at least half a per cent, as fears eased that the problems with the lira might affect other emerging economies and currencies .

Money Qatar promises $15 billion investment in Turkey
Author: 0 Qatar promises $15 billion investment in Turkey

The tit-for-tat tariffs came amid Turkey's rejection of a US demand that it release American pastor Andrew Brunson , detained on espionage and terrorism-related charges. Turkey is increasing tariffs on imports of certain American products, escalating a feud with the United States that has helped trigger a currency crisis .

Money United Kingdom jobless rate falls to lowest since 1975 but pay growth weakens
Author: 0 United Kingdom jobless rate falls to lowest since 1975 but pay growth weakens

A report, published by the Office of National Statistics , has shown that unemployment rates are at their lowest since 1975 and productivity across the board has improved. The figures showed that productivity also grew with the number of people whose main job was a zero-hours contract falling by the most since 2000. It also said the number of people aged 16 to 64 who were not working, looking for work or available to work - what is known as "economically inactive" - increased by 77,000 from ...