Économie
'Not thrilled' with interest rate hikes
In a taped interview with the business channel CNBC, Trump said "I'm willing to go to 500", referring roughly to the $505.5 billion in goods imported past year from China . Trump warned in July that he was ready to impose import tariffs on another $ 300 bn. Earlier this year, he used national security as a justification for taxing imported steel and aluminum. [Full Article...]
USA stocks dip as Trump talks of more tariffs on China
Steep tariffs already are in place on $34 billion in Chinese goods, and a second tranche of $16 billion in products is under review and could soon be added. Trump called the move the "right thing to do for our country", adding, "We have been ripped off by China for a long time". Thus far in the burgeoning trade war, the U.S. [Full Article...]
Certain Ritz products recalled over salmonella concerns
You can check here to see if your Ritz products are effected. Food contaminated with salmonella may not look or smell spoiled but can still make you sick, the agency said. Young children, pregnant women, the elderly and people with weakened immune systems may contract serious and sometimes deadly infections. Consumers who have these products should not eat them, and should discard any produ... [Full Article...]
Trump accentue ses critiques sur la Fed et fait baisser le dollar
Le dollar "pourrait tomber encore plus si les investisseurs redoutent de plus en plus de voir l'administration Trump utiliser le dollar comme un outil pour tenter de réduire l'important déficit commercial du pays", a estimé M. Cette baisse offre " une compensation non négligeable aux exportateurs chinois pour leur perte de compétitivité liée à la hausse des droits de douane américains", a relevé R... [Full Article...]
I’m ready to put tariffs on every import from China, Trump warns
Trump said that raising American interest rates makes investment in China comparatively attractive, because China manipulates its currency by artificially devaluing it. Last month, the Fed raised its benchmark rate for a second time this year and projected two more increases in 2018. Most notably, during the Bill Clinton administration, Robert Rubin , first as head of the National Economic Co... [Full Article...]
North Korea denuclearization in a year not likely: US intelligence chief
On what the US needs to see happen going forward, Pompeo said, laughing, "It is really pretty straightforward". The United Nations Security Council tightened sanctions on North Korea in August in efforts to contain its nuclear weapons and ballistic-missile program, appearing to remove some exceptions for penalties that might cause "adverse humanitarian outcome". [Full Article...]
Google hit with £3.78 billion EC fine
But it's not going to be easy to just ditch Android, and one of Bloomberg's sources actually suggests the company may not be that serious about the idea - calling it a "senior-engineer retention project" created to keep Google's talent busy so they don't go and join rival companies. [Full Article...]
Boris Johnson accuses PM May of 'dithering' on Brexit in resignation speech
Johnson, a thorn in May's side when he was in office, used a parliamentary convention to explain his decision to resign from government 10 days after quitting. "We have got a mission in government and it is serious". But the pro-EU lawmakers lost Tuesday by six votes - 307 to 301. After narrowly escaping defeat in parliament earlier this week over her proposal for leaving the EU, May signale... [Full Article...]
Google fined record $5.1 billion by European Union in Android anti-trust investigation
First, it requires Android device manufacturers to pre-install Chrome, Google's own browser, as well as the Google Search app. 'These practices have denied rivals the chance to innovate and compete on the merits. Bringing the EU's 39-month investigation into the mobile operating system Android to an end, the Commission's Danish representative will confirm the antitrust fine, which represents... [Full Article...]
Affaire Lactalis : les députés veulent plus de rigueur dans les contrôles
Mais aussi que les produits qui s'avèrent contaminés ne se retrouvent pas dans les rayons des supermarchés plusieurs jours après le rappel lancé au niveau national. L'association souligne qu'elle sera particulièrement " vigilante quant à leur application concrète ". " La salmonelle trouvée dans l'usine de Craon [l'usine de Lactalis en Mayenne] se trouvait sur un balai, donc nous avons besoin d'é... [Full Article...]
China: US trade policies are ‘confidence killer’ for global economy
The US has filed five disputes with the World Trade Organization (WTO) in response to "unjustified" and "illegal" retaliatory tariffs imposed by China, the EU, Canada, Mexico and Turkey - several of which affect American whiskey. The European Commission last week cut its forecasts for the euro zone's economic growth this year, saying the main causes for the revision were trade tensions with the Un... [Full Article...]
Mondial 2018 : les coulisses des vestiaires après la victoire des Bleus
Le tout filmé par Paul Pogba. La photo d'Emmanuel Macron en train de fêter le premier but des Bleus marqué pendant la finale de la Coupe du Monde est devenue une des meilleures images du Président incarnant la joie et la fierté de son pays dont la sélection a depuis remporté le Mondial organisé en Russie. [Full Article...]
Netflix shares dive after disappointing quarterly results
That comes out to 4.87 million new subscribers for the quarter, far below the 6.2 million Netflix was hoping for. This was expected to be a "subdued" quarter, as I wrote on Friday . Domestic streaming net additions are projected at 650,000, below the average estimate for 953,000. As Yahoo Finance previously reported , Netflix plans on spending roughly $2 billion on original content for 2018 ... [Full Article...]
China files WTO challenge against latest USA tariff plan
Last week, the ministry said it would immediately file a complaint to the WTO against what it called U.S. unilateralism. As reported by Deutsche Welle (DW), Germany's worldwide broadcaster, both sides are expected to express their support for a rules-based global trading system, governed under the auspices of the World Trade Organization (WTO). [Full Article...]
Amazon Prime Day 2018: The best deals to shop right now
Got Audible? Amazon is offering three months of Audible for $4.95 a month, a deep discount off the usual $14.95. Set to run for a duration of 36 hours, the Amazon Prime Day sale starts at 12 noon and will go on till midnight of July 17. [Full Article...]
2008 beheading on Greyhound bus cited for drop in Saskatchewan bus ridership
Steele said his company, started by his parents in 1957, has about 30 drivers who mainly serve the Edmonton-Calgary corridor, but it offers a wider range of delivery points through interline and third-party carriers. The cancellations are scheduled to take effect October 31. Odelie Bernard-Labelle from Montreal was waiting at the Maritime Bus station in Halifax Wednesday, and said as a person ... [Full Article...]
Talc maker told to pay $4.69 after claims of ovarian cancer
The women claimed the asbestos in the company's talc-based powders contributed to the development of their ovarian cancer . The company said it was deeply disappointed with the verdict, saying it was part of a "fundamentally unfair process" that grouped the women together and awarded them the same amount despite differences in their cases. [Full Article...]
Tesla customers will start losing a $7500 tax credit in 2019
In the past couple months, Tesla has ramped up production of the Model 3 and it became clearer that Tesla would reach the trigger first. Musk also said that some of the company's designers were "naive" about the manufacturing difficulties they would face and that the company's plans for increased automation made sense in theory but were hard to implement. [Full Article...]
UK Takeover Panel sets £14 floor under Sky shares
Comcast upped the ante after trading on Wednesday had ended saying it was now prepared to offer $US34 billion, up from its original offer of $US31 billion, and well above the original offer from Fox around $US26 billion. Present in 23 million homes across Europe, Sky is a prized asset, with a slate of top sport and original drama content. Its offer represents an 82 percent premium to Sky's ... [Full Article...]
Elon Musk can 'stick his submarine where it hurts' says hero
The chief of the rescue operation also said that Musk's submarine was "not practical " for the mission. Musk created a "kid-size submarine " and went to Thailand to assist in the rescue, but authorities ended up not needing his device. [Full Article...]