Business

Author: 0 US stocks slide on escalating US-China trade tensions

Goods assembled and exported in one country often depend on components manufactured in another, after being designed in yet a third country, making the national trade deficit focused on by President Trump an unreliable guide. is still gaining momentum". While Harley is only one example, Lim believes the trade war is "likely to increase discrimination against US companies in China".

Business Harley-Davidson will move some production out of United States after retaliatory tariffs
Author: 0 Harley-Davidson will move some production out of United States after retaliatory tariffs

Harley-Davidson said it will not raise its prices to avert "an immediate and lasting detrimental impact" on sales in Europe. Outside the US, Harley-Davidson has manufacturing facilities in India, Brazil and Australia. "Increasing worldwide production to alleviate the European Union tariff burden is not the company's preference but represents the only sustainable option to make its motorcycles accessible to customers in the European Union and maintain a viable business in Europe", the company ...

Business Trade Rift Within Trump Administration Sends Stocks on Wild Ride
Author: 0 Trade Rift Within Trump Administration Sends Stocks on Wild Ride

Trump administration officials have said they are considering the use of the 1977 International Emergency Economic Powers Act to impose new restrictions on China, an act widely used to freeze assets after the 9/11 attacks in 2001. Harley-Davidson fell 6 percent after it said it will start building some motorcycles bound for Europe in factories overseas in response to tariffs by the EU.

Business Harley-Davidson move shows Trump trade war, tariffs worst fears
Author: 0 Harley-Davidson move shows Trump trade war, tariffs worst fears

Each motorcycle will cost about $2,200 more after the European Union raised its levies on imported US bikes to 31 percent from 6 percent on June 22, the Milwaukee-based manufacturer said Monday in a regulatory filing . Harley-Davidson felt that if it passed on the cost increase to dealers and customers it would have an immediate negative impact on its business in the European Union, including threatening the sustainability of its dealers' businesses.

Business Runner up in Turkish elections accepts Erdogan as President
Author: 0 Runner up in Turkish elections accepts Erdogan as President

Erdogan had 52.5 percent, with 98 percent of the votes counted in his bid for a presidency with broadly expanded powers, according to Anadolu Agency's unofficial results . But Ince, who had faced limited airtime on television in the campaign, said the run-up to the election had been unfair. The CHP said it had recorded violations in particular in the southeastern province of Sanliurfa.

Business Harley-Davidson will move some production out of US after retaliatory tariffs
Author: 0 Harley-Davidson will move some production out of US after retaliatory tariffs

But he says the ultimate goal is the removal of all tariffs so "we don't have this tit for tat on any number of products out there". Last week, the European Union imposed penalties on $3.2 billion worth of U.S. David Bro/ZUMA Press/NewscomHarley-Davidson, the iconic American motorcycle brand, will shift some manufacturing overseas in response to the raising of trade barriers on both sides of the Atlantic.

Author: 0 Harley-Davidson to take big hit from European Union tariffs

New U.S. tariffs on steel and aluminum could increase the company's bill for raw materials by as much as $20 million this year. Harley-Davidson plans to shift the production of some of its bikes out of the U.S. Europe is too important of a market for Harley to neglect. Struggling to overcome a slump in USA demand, Harley has been aiming to boost sales of its iconic motorcycles overseas to 50 percent of total annual volume from about 43 percent now.

Business European leaders talk migration as Merkel tries to save political future
Author: 0 European leaders talk migration as Merkel tries to save political future

Encouraged by a deal with Turkey that has slashed migrant arrivals from there by 97 percent since 2015 - when hundreds of thousands of people entered, mostly migrants fleeing war in Syria and Iraq - the 28-nation European Union is ready to greenlight plans to set up screening centers in Algeria, Egypt, Libya, Morocco, Niger and Tunisia.

Business Bourbon barrel storage barn collapses in Kentucky
Author: 0 Bourbon barrel storage barn collapses in Kentucky

Bardstown Police Chief Billy Mattingly said there was no one inside when the roof caved in, so no injuries were reported. No cause had been determined. No one was injured, but officials are investigating if any of the barrels are leaking Kentucky's signature spirit into the ground or waterways. Kentucky's bourbon sector is in the midst of a more than $1.1 billion boom that includes expanded production facilities, more storage warehouses and new tourism centers.

Business Rat Chews Up Nearly $18,000 and Dies in ATM
Author: 0 Rat Chews Up Nearly $18,000 and Dies in ATM

Reports estimate the destroyed banknotes at between 1.2 and 1.3 million rupees ($17,662 to $19,000). Staff at the State Bank of India called technicians after the cash machine stopped working, according to Times of India . "We've checked and there is no other criminal or conspiracy angle to the incident". The rat had entered the ATM through a small hole for cables. The State Bank of India has more than 50,000 ATMs across the country.

Business Bank of England to keep rates steady as winter chill…
Author: 0 Bank of England to keep rates steady as winter chill…

Rather, they judged that a modest tightening of monetary policy at this meeting could mitigate the risks of a more sustained period of above-target inflation that might ultimately necessitate a less gradual subsequent change in policy and hence a sharper adjustment in growth and employment'.

Business EU Ministers Reach Deal Allowing Greece To Exit Bailout Program
Author: 0 EU Ministers Reach Deal Allowing Greece To Exit Bailout Program

Yields on Greek bonds dropped with the 10-year note falling as much as 1.01 percent at 11.57 am Athens time on Wednesday to nearly a month low, while the Athens Stock Exchange General Index rose as much as 1.1 percent in intraday trading amid optimism that euro-area finance ministers will reach a deal on Greece on Thursday.

Business MoviePass plans to add $2 surcharge for blockbusters on opening day weekends
Author: 0 MoviePass plans to add $2 surcharge for blockbusters on opening day weekends

It will also notify users of discounts on food and drink. However, with MoviePass you get to see more movies per month at less of the cost, and you can go to nearly any theater in the U.S. MoviePass says it takes no more than two weeks to get a physical MoviePass . "AMC has repeatedly disparaged our model as a way to discourage our growth because all along they wanted to launch their own, more expensive plan", the company said on Twitter .

Business Eurozone creditors reach deal on Greek debt relief
Author: 0 Eurozone creditors reach deal on Greek debt relief

The report in The Local also said the figures published by the government yesterday show that Germany made 3.4 billion euros in interest payments on the bonds and only paid Greece 527 million euros in 2013 and 387 million euros the following year.

Business Tesla To Close A Dozen Solar Facilities In Nine States, Documents Show
Author: 0 Tesla To Close A Dozen Solar Facilities In Nine States, Documents Show

As a result, Tripp was reassigned to a different role and expressed anger towards the company. Tesla sued a former employee for purportedly thieving gigabytes of data, making a fake statement about the media. At the time, Tesla was up to 3,500 cars per week - much better than before, but that left a lot of room for improvement. Tesla declined to comment on which solar facilities would be closed, how many employees would lose their jobs or what percentage of Tesla's solar workforce ...

Business What the Supreme Court sales tax ruling means for New Yorkers
Author: 0 What the Supreme Court sales tax ruling means for New Yorkers

South Dakota had passed a bill in 2016 that said online retailers must collect sales tax if they make more than $100,000 worth of sales in their state, or do 200 transactions in their state. Trump has blasted Amazon CEO Jeff Bezos, who also owns the Washington Post, a newspaper that the Republican president has disparaged for its coverage of him.

Business European Union slaps tariffs on iconic USA products
Author: 0 European Union slaps tariffs on iconic USA products

The Commerce Department plans to hold two days of public comments in July on its investigation of auto imports. While she did not see a serious "direct impact of tariff increases.it's a trend that is worrying, the breach of confidence that undermines confidence", she said on the sidelines of eurozone ministerial talks in Luxembourg.

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154 155 156 157 158 159 160 161 162 163 164 165 166 167 168 169 170 171 172 173 174 175 176 177 178 179 180 181 182 183 184 185 186 187 188 189 190 191 192 193 194 195 196 197 198 199 200 201 202 203 204 205 206 207 208 209 210 211 212 213 214 215 216 217 218 219 220 221 222 223 224 225 226 227 228 229 230 231 232 233 234 235 236 237 238 239 240 241 242 243 244 245 246 247 248 249 250 251 252 253 254 255 256 257 258 259 260 261 262 263 264 265 266 267 268 269 270 271 272 273 274 275 276 277 278 279 280 281 282 283 284 285 286 287 288 289 290 291 292 293 294 295 296 297 298 299 300 301 302 303 304 305 306 307 308 309 310 311 312 313 314 315 316 317 318 319 320 321 322 323 324 325 326 327 328 329 330 331 332 333 334 335 336 337 338 339 340 341 342 343 344 345 346 347 348 349 350 351 352 353 354 355 356 357 358 359 360 361 362 363 364 365 366 367 368 369 370 371 372 373 374 375 376 377 378 379 380 381 382 383 384 385 386 387 388 389 390 391 392 393 394 395 396 397 398 399 400 401 402 403 404 405 406 407 408 409 410 411 412 413 414 415 416 417 418 419 420 421 422 423 424 425 426 427 428 429 430 431 432 433 434 435 436 437 438 439 440 441 442 443 444 445 446 447 448 449 450 451 452 453 454 455 456 457 458 459 460 461 462 463 464 465 466 467 468 469 470 471 472 473 474 475 476 477 478 479 480 481 482 483 484 485 486 487 488 489 490 491 492 493 494 495 496