Économie

Nike aims sneaker subscriber service at $10-billion USA kids market

Nike aims sneaker subscriber service at $10-billion USA kids market Kids are also though on kicks, typically wearing them out far sooner than an adult might. Nike said there are more than 100 varieties of shoes to choose from on the Adventure Club website , including Converse sneakers. Nike is no exception, having announced a subscription service for kids' sneakers. The guides are a collaborative partnership between Nike and KaBoom, a national nonprofit fo... [Full Article...]

Trump eyes China for shift on USA agricultural product purchases

Trump eyes China for shift on USA agricultural product purchases However, the U.S. Trade Representative (USTR) is delaying until December the imposition of additional tariffs on the items on List 4B , which includes toys, cell phones , diapers, clothing, shoes, and microwave ovens. Beijing also halted United States agricultural purchases, inflaming a trade war that has roiled financial markets, disrupted supply chains and slowed global growth. [Full Article...]

'We're still here': Hong Kong protesters return to streets

'We're still here': Hong Kong protesters return to streets Protesters surround banners that translate to "Those charge to the street on today is courageous!" and "Release all the detainees!" during a sit-in rally at the arrival section of Hong Kong's worldwide airport. Protesters filled both arrival and departures terminals of the airport Monday, holding up signs against police violence and chanting, "Dirty cops, return her eye". [Full Article...]

Microsoft Announces Azure-focused Partnership With India's Jio

Microsoft Announces Azure-focused Partnership With India's Jio Reliance Industries is set to sell a 20 percent stake in its oil and chemical business to Saudi oil giant Aramco in one of the largest ever foreign investment deals in the country, Mukesh Ambani said on Monday, August 12. While the detailed plans for Jio GigaFiber will be announced on September 5, which is when the commercial rollout begins for customers, the base plan for Jio GigaFib... [Full Article...]

People's Bank of China sets yuan midpoint at 7.0211

People's Bank of China sets yuan midpoint at 7.0211 The financial organization explained that, in the case the Americans imposed 25 percent tariffs on a remaining $300 billion list of imports from China , the Asian nation's growth could be reduced by nearly one percentage point (0.8 to be exact, ) over the next year because demands would sharply decrease. [Full Article...]

Oil rebounds from seven-month low as Saudis seek to stem slide

Oil rebounds from seven-month low as Saudis seek to stem slide Unipec, the trading arm of state refiner Sinopec, has fixed the Very Large Crude Carrier (VLCC) Anne to load USA crude in mid-September, according to a shipbroker and Refinitiv Eikon data. The country's production will be lower in September than in this month, they said. Despite healthy demand in all regions, the world's top crude oil exporter Saudi Arabia continues to keep its exports below the... [Full Article...]

China stabilizes its currency but tensions with US remain high

China stabilizes its currency but tensions with US remain high The yuan on Friday was trading 0.1% lower at 7.05 a dollar. He also said the USA will not do business with Chinese tech titan Huawei , despite earlier pledges to allow American firms to file for waivers from national security restrictions on the company's operations. [Full Article...]

Trump renews pressure on Fed to cut rates 'faster and bigger'

Trump renews pressure on Fed to cut rates 'faster and bigger' In a series of tweets , he noted that overnight three central banks - those in India, Thailand and New Zealand - had cut rates. But a key central bank policymaker, St. Those complaints and threats have stoked concerns that the Fed's independence could be damaged. "Collectively, we served our nation across almost 40 years and were appointed and reappointed by six presidents, both Republican an... [Full Article...]

Nation sheds over 24K jobs in July, more positive data regionally

Nation sheds over 24K jobs in July, more positive data regionally The Econoday consensus was for an increase of 6,000 jobs and in June, the country lost 2,200 jobs. The country saw a 4.5 per cent burst in average wage rate, despite Canada's unemployment rate moving up to 5.7 per cent with the loss of 24,200 jobs. [Full Article...]

Une société lui verse 116 millions par erreur, il disparaît dans la nature

Une société lui verse 116 millions par erreur, il disparaît dans la nature Sans nouvelle de l'intéressé, qui s'était pourtant engagé à rembourser cette somme, la société a dû saisir la justice. L'histoire aurait pu s'arrêter là, mais les jours passent et l'entreprise, auteure du virement erroné, ne voit toujours pas l'ombre d'un centime sur son compte. [Full Article...]

Walmart asks employees to pull violent video game signage from stores

Walmart asks employees to pull violent video game signage from stores Days earlier, a Walmart employee fatally shot two co-workers at a store in Southaven, Miss. Hargrove said that there isn't in any near future a sign of altering the retail giant's approach since the weekend shootings or as an outcome of Marshall's orders for an employee walkout. [Full Article...]

IEA: oil demand growth at lowest since 2008

Despite the weekly decline, hedge funds boosted their net long U.S. crude futures and options positions in the week to August 6, the U.S. Commodity Futures Trading Commission (CFTC) said on Friday. OPEC production fell by 0.2 million barrels per day in July and by 0.1 million per day in the ten nations included in the OPEC+ agreement. That's about 940,000 a day less than will be needed in the thi... [Full Article...]

Attendant removed from flight charged with intoxication

Passenger Aaron Scherb took to Twitter, writing: "Our flight attendant appears to be quite drunk on this [flight] from from [sic] ORD to SBD". He said March "appeared to pass out" in her seat without fastening her seatbelt for almost the whole flight - which was actually operated by Air Wisconsin, meaning it was an Air Wisconsin crew and flight attendant. [Full Article...]

USA calls China a ‘thuggish regime’ as Hong Kong feud escalates

USA calls China a ‘thuggish regime’ as Hong Kong feud escalates For emergency consular assistance, they can contact the Consulate General of Canada in Hong Kong at 852-3719-4700. In the last two weeks, as the question "is Hong Kong still safe to visit" became popular on travel websites, more than 20 countries raised their travel advisories for Hong Kong , with the US, United Kingdom and Australia joining earlier this week. [Full Article...]

China Decries US Ban on Chinese Firms As 'Abuse of State Power'

China Decries US Ban on Chinese Firms As 'Abuse of State Power' US and Chinese trade representatives met on July 30 in Shanghai for two days of talks, described by both sides as "constructive". If that is cut off, we could see a monumental pullback in technology stocks, many of which depend on rare earth elements for smartphones, electric vehicles, and military equipment. [Full Article...]

US, Britain back rapid trade deal post-Brexit

US, Britain back rapid trade deal post-Brexit Will EU capitals look at the withdrawal agreement again, and perhaps change the terms of the Brexit negotiation mandate they have given to the European Commission in order to offer concessions? Raab repeated Prime Minister Boris Johnson's determination to leave the European Union at the end of October whether or not the two sides set a new agreement governing post-Brexit relations. [Full Article...]

Fiat se dit toujours prêtà discuter avec Renault

Fiat se dit toujours prêtà discuter avec Renault Un mail daté du 12 juillet suggère qu'un protocole d'accord entre Renault et Nissan aurait été trouvé ce qui pourrait être annoncé en septembre. Le constructeur français détient actuellement 43,4% de Nissan, alors que le japonais ne détient en retour que 15% du français, sans droit de vote. [Full Article...]

British ministers in United States to 'fast-track' post-Brexit trade deal

British ministers in United States to 'fast-track' post-Brexit trade deal Markets are alarmed it will send shockwaves through the economy if Britain abruptly cuts ties with its closest trading partner overnight. "What I am saying is it doesn't end of the 31st of October, if we have no deal we are going to have to talk and the first things on the agenda are going to be citizens' rights, the financial settlement and the solution to the Irish border, before we even start... [Full Article...]

Asian Markets Suffer Steep Losses Amid Escalating US-China Trade War

Asian Markets Suffer Steep Losses Amid Escalating US-China Trade War The dimming expectations for global growth also send the price of crude oil sharply lower. However, stocks began to stage a rebound on Tuesday after China's central bank made it clear that it wanted its currency to trade at a higher-than-expected level to the USA dollar, easing tensions about the nation using its currency as a weapon in the trade war. [Full Article...]

Oil prices drop as U.S.-China trade dispute stokes demand worries

Oil prices drop as U.S.-China trade dispute stokes demand worries This week, the EIA reduced its forecast USA demand for crude and liquid fuels. Nonetheless, on Monday's (August 5th) market closure, United Kingdom crude shrugged off 3 percent of its earlier gains to round off the day at $51.81 a barrel, while US West Texas Intermediate Crude Futures' price took a header of 1.74 percent to settle at $54.69 a barrel after finding some supports following a st... [Full Article...]


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