Economia

Economia US, China Exchange New Round of Tariffs in Trade War
Author: 0 US, China Exchange New Round of Tariffs in Trade War

China slammed the US on Monday over its "trade bullyism " after $200 billion worth of tariffs went into effect, prompting Beijing to enact retaliatory tariffs on $60 billion in American imports. China's top diplomat also told business people at a meeting in NY that talks could not take place against the backdrop of "threats and pressure", the Foreign Ministry said.

Economia Instagram’s co-founders are leaving Facebook
Author: 0 Instagram’s co-founders are leaving Facebook

Instagram on Monday said co-founders Kevin Systrom and Mike Krieger have resigned as chief executive officer and chief technical officer of the photo-sharing app owned by Facebook Inc, with the pair giving scant explanation. "I've learned a lot working with them for the past six years and have really enjoyed it". Kevin Systrom and Mike Krieger, who have been at the company since Instagram's acquisition by Facebook in 2012, had been able to keep the brand and product independent from Facebook.

Economia Oil prices could rise to $100 a barrel by 2019, warn merchants
Author: 0 Oil prices could rise to $100 a barrel by 2019, warn merchants

The lack of an immediate response to Trump's demand adds to speculation about the group's ability, or willingness, to push oil down from near $80 a barrel. "So far, we have made a decision to stick to our June agreements", Novak said. Last year, Opec and other oil-producing nations including Russian Federation said they would extend a deal, first agreed in 2016, to cut production to help support oil prices after they fell below $50 a barrel.

Economia Barrick bets on Africa with $6-billion Randgold merger
Author: 0 Barrick bets on Africa with $6-billion Randgold merger

Investors cheered the no-premium, all-stock deal: Barrick will issue 6.128 of its shares for each Randgold share. However, they also announced the new company's shares would be traded in NY and Toronto, meaning Randgold's London listing on the FTSE 100 would be cancelled if the deal went ahead, as planned, early next year.

Economia Sirius to acquire Pandora in $3.5 billion deal
Author: 0 Sirius to acquire Pandora in $3.5 billion deal

Sirius XM acquired a stake in Pandora previous year for US$ 480 million , giving the online-radio company a lifeline after upstarts such as Spotify Technology SA began luring away streaming-music subscribers. "The addition of Pandora will provide diversified revenue streams that will create the world's largest digital audio ad offering ..." It's expected to close in the first quarter of 2019.

Economia Versace set to be sold in $2bn deal
Author: 0 Versace set to be sold in $2bn deal

Versace and Blackstone both declined to comment to Reuters . The reports of a sale come as Michael Kors has made it clear that it wants to transform itself into a house of luxury brands, starting past year with its acquisition of Jimmy Choo , made famous for its "Sex and the City" stilettos.

Economia Six Flags contest invites guests to stay in coffin for 30 hours
Author: 0 Six Flags contest invites guests to stay in coffin for 30 hours

Louis has just the Halloween-themed happening for you. To top it off, phone charging stations will be available, which means you could theoretically Netflix your way through this vampire simulator. Also going are two VIP Haunted House passes and a ticket for two to ride the Freak Train for Freak Unleashed. The remaining participants will also be entered into a random drawing to win a $300 prize.

Economia Porsche Is Officially Ditching Diesel For Good
Author: 0 Porsche Is Officially Ditching Diesel For Good

The company said it would keep servicing diesel models on the road now. In fact, the upcoming Porsche Taycan , which is set to make its debut in 2019, will be the carmaker's first fully-electric sports auto. Porsche has sold diesel versions of its cars for almost a decade, Bild am Sonntag said. Porsche , for instance, has not had diesel on offer since February 2018.

Economia Oil jumps 2 % as market tightens, more gains seen
Author: 0 Oil jumps 2 % as market tightens, more gains seen

The Middle East dominated Organization of the Petroleum Exporting Countries ( OPEC ), of which Iran is a member, as well as top producer Russian Federation, are discussing raising output by 500,000 bpd to counter falling supply from Iran, although the discussions are not finalised.

Economia India set to pay for Iranian oil using rupees from November
Author: 0 India set to pay for Iranian oil using rupees from November

USA sanctions against Iran come into effect from November 4 and will block banking channels. "And if they do, we will get it right", Pompeo told Fox News in an interview. Speaking at a press conference in Tokyo , Tsukioka said that it would be up to individual refiners to take their own decisions on Iranian crude oil imports.

Economia Oil prices slip as Trump calls on OPEC to lower prices
Author: 0 Oil prices slip as Trump calls on OPEC to lower prices

President Donald Trump blasted OPEC in a tweet Thursday morning, saying the Middle East wouldn't be safe without US military protection and yet, countries there continue to keep prices high. Futures prices for West Texas Intermediate crude , the US benchmark, dipped slightly following the tweet before recovering and then retreating once again to trade roughly flat.

Economia Oil prices steady as concerns about producer output outweigh US stockpile gain
Author: 0 Oil prices steady as concerns about producer output outweigh US stockpile gain

U.S. West Texas Intermediate (WTI) crude was down 28 cents, or 0.4 percent, to $68.62 per barrel. Washington aims to cut Iran oil exports down to zero to force Tehran to re-negotiate a nuclear deal. A leading Iranian official said on Saturday that Saudi Arabia and Russian Federation had taken the oil market "hostage" and accused other producers of turning the Organization of the Petroleum Exporting Countries into "a US tool".

Economia Coca-Cola is eyeing the cannabis market
Author: 0 Coca-Cola is eyeing the cannabis market

Reportedly, Coca-Cola is interested in developing drinks infused with CBD, the cannabis compound said to have pain relieving and anti-inflammatory properties, rather than drinks infused with THC, the psychoactive compound in cannabis. It says it hasn't made any decisions about using it in coke products. That was after an announcement earlier in August from cannabis company HEXO that it was teaming up with Molson Coors Canada to develop cannabis-infused drinks.

Economia Audi E-Tron, an all-electric first SUV revealed
Author: 0 Audi E-Tron, an all-electric first SUV revealed

European sales start in November. The e-tron is able to automatically adjust its ride height up to 3 inches (76 mm), lowering itself at highway speeds to reduce drag. As a part of this launch, Audi has also announced an exclusive partnership with Amazon with respect to distribution of the charging mechanism. Four-zone air conditioning is standard on the e-tron, with an option to upgrade to an air-quality package that includes an onboard ionizer and adjustable aromatization.

Economia Up to 3000 Amazon Go stores may be on the way
Author: 0 Up to 3000 Amazon Go stores may be on the way

The company unveiled its first cashierless store near its headquarters in Seattle in 2016. Citing unnamed sources, Bloomberg said yesterday that Seattle-based Amazon is mulling plans to open as many as 3,000 Amazon Go locations by 2021.

Economia Hong Kong airline makes embarrassing typo on side of plane
Author: 0 Hong Kong airline makes embarrassing typo on side of plane

The airline shared an image of a glaring error on an aircraft livery. Some social media users found the error amusing while others saw it as a sign of declining standards across the airline industry. But if it is a genuine error many travellers are glad the airline "can have a laugh about this in public". "We have stencils. [There] should be a blank gap in between letters if it was a real mistake".

Economia Get free, discounted burgers around San Antonio for National Cheeseburger Day
Author: 0 Get free, discounted burgers around San Antonio for National Cheeseburger Day

See, there are so many National Cheeseburger Day deals for you to get your hands on. Fatburger: If you're in Los Angeles, get free delivery from one of the 35 Fatburger restaurants in the area with Postmates. Get a free plate of buttermilk or pumpkin spice pancakes with any IHOP Ultimate Steakburger. National burger establishments are definitely capitalizing on the day as well.

Economia China retaliates against Trump with tariffs on $60 billion of U.S. goods
Author: 0 China retaliates against Trump with tariffs on $60 billion of U.S. goods

The US President also said he had great respect for Chinese President Xi Jinping, but the US goods trade deficit with China was too large and "we can't do that any more". But that doesn't mean China won't respond to the Trump administration's tariffs. On the call with reporters, senior administration officials declined to comment on when talks might restart with their Chinese counterparts.

Economia Merger of BoB, Vijaya, Dena Bank to improve efficiency, governance: Moody’s
Author: 0 Merger of BoB, Vijaya, Dena Bank to improve efficiency, governance: Moody’s

Finance minister Arun Jaitley said the government had been careful in not merging weak banks. The three banks will continue to work independently post merger. "The government is keen to take steps so that history isn't repeated as far as NPAs are concerned", he added. However, FM did not talk about the name of the new entity and said that it will be revealed later.

Economia China retaliates with tariffs on $60 billion of U.S. goods
Author: 0 China retaliates with tariffs on $60 billion of U.S. goods

In announcing the US tariffs against China on Monday, President Trump said China's trade practices, such as forcing USA companies to transfer technology to Chinese firms, "plainly constitute a grave threat to the long-term health and prosperity of the United States economy".

Economia London mayor Sadiq Khan calls for second Brexit vote
Author: 0 London mayor Sadiq Khan calls for second Brexit vote

On the other hand, non-EU countries like India are subject to a strict visa regime and quotas under specific categories. Khan expressed his views on Brexit and the called for a second referendum in an article that he wrote for Observer .

Author: 0 Shares knocked lower after new USA tariff threat on Chinese goods

Trump also threatened to add tariffs on about $267 billion of additional imports if China retaliates against US farmers or other industries. President Trump said he will make a major announcement on trade with China after the markets closed Monday.

Author: 0 China may reject new trade talks if more tariffs imposed

Apple and Fitbit stocks each trimmed some losses in afternoon trading amid a broader decline on Wall Street. China is reportedly threatening to pull out of trade negotiations if the USA levies new tariffs, and the Foreign Ministry on Monday said it would respond in kind if the U.S.

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