Finance

Finance Seattle bans straws and utensils made of plastic
Author: 0 Seattle bans straws and utensils made of plastic

San Francisco and Berkeley are among the Bay Area cities that have considered a ban on plastic straws. Customers in Seattle will no longer be able to use plastic straws, utensils, or cups when they dine out, after a new ordinance took effect Sunday in the Pacific Northwest city, the Seattle Times reported.

Finance Four Thai Boys have been rescued so far using buddy diving
Author: 0 Four Thai Boys have been rescued so far using buddy diving

When the boys are freed, they will immediately be taken to Chiangrai Prachanukroh hospital, around 60 miles from the cave site. At a news conference , Chiang Rai provincial Gov. The death Friday of a former Thai navy SEAL , Saman Gunan, underscored the risks. This technology is being developed as 4 boys were rescued with the hopes to see the others safe soon.

Finance US authorities temporarily lift ZTE ban
Author: 0 US authorities temporarily lift ZTE ban

Having just announced a new board of directors and been given a threadbare lifeline by United States authorities, embattled Chinese vendor ZTE has now appointed a new senior management team, with the vendor's head of telco cloud, Xu Ziyang, handed the CEO role, according to the South China Morning Post .

Finance Netflix testing higher-priced ‘Ultra’ plans
Author: 0 Netflix testing higher-priced ‘Ultra’ plans

Netflix has gone through a number of pricing changes over the past few years, as the popularity of the streaming service increased with audiences. As more advanced televisions capable of displaying HDR content hit the market, Netflix is hoping to keep up with the increasing demand by offering streamable content at these ultra-high definitions.

Finance Canada's Trade Deficit Widens on Surprise Export Decline
Author: 0 Canada's Trade Deficit Widens on Surprise Export Decline

The export drop drove the trade deficit to a wider than expected $2.8 billion, and will be seen as a disappointing result for a sector that had been showing signs of strength. Total non-US imports were Can$18.5 billion, with the largest increases coming from China, Belgium and Germany. Imports from the United States rose one percent in May, totaling Can$32.6 billion, but exports to the U.S.

Finance Hispanic Unemployment Rate Sinks to All-Time Low in June
Author: 0 Hispanic Unemployment Rate Sinks to All-Time Low in June

As more Americans entered the labor force but not all found jobs, USA unemployment rate in June rose slightly from 3.8 percent in May, the lowest level since April 2000. The department does not count people in the unemployment total unless they are actively seeking work. Gross domestic product estimates for the April-June period are above a 4 percent annualized rate, double the 2.0 percent pace logged in the first quarter.

Finance Canada says joblessness rose slightly in June to 6%
Author: 0 Canada says joblessness rose slightly in June to 6%

The Canadian dollar strengthened to a three-week high against its US counterpart on Friday as oil prices rose and data showing a stronger-than-expected rise in domestic jobs raised expectations for a Bank of Canada interest rate hike next week.

Finance High-end speaker company Sonos is going public
Author: 0 High-end speaker company Sonos is going public

The company set a placeholder amount of US$100 million to indicate the size of the IPO. Bloomberg reported that Sonos is seeking a valuation of $2.5 billion to $3 billion. In other words, in order to remain competitive in this market, Sonos may find itself investing in improving sound-quality, in varied retail partnerships, and in music streaming service, voice assistant and connected home integrator partnerships.

Finance United States job growth strong; unemployment rate rises to 4.0 percent
Author: 0 United States job growth strong; unemployment rate rises to 4.0 percent

Economists have estimated that 195,000 jobs were added last month and that the unemployment rate remained at an 18-year low of 3.8 percent, according to data provider FactSet. However, fears of a trade war with other countries, especially China, have many anxious the economy could slow down or shrink in the months ahead. The labor force expanded by 601,000 jobs over the month, with an influx of new women and teen workers more than offsetting a dip in labor force participation among men, ...

Finance Mark Zuckerberg Becomes World's Third Richest Person as Facebook Stock Soars
Author: 0 Mark Zuckerberg Becomes World's Third Richest Person as Facebook Stock Soars

It's the first time that the three wealthiest people on the ranking made their fortunes from technology. Mark Zuckerberg now trails behind Amazon founder Jeff Bezos and Microsoft co-founder Bill Gates . Those shares are now worth more than $50 billion (about Rs. 3.44 lakh crores), according to data compiled by Bloomberg. Fears of tough new regulatory clampdowns on the social media site spooked investors earlier this year after it emerged that third parties had been allowed to ...

Finance The rise in the USA unemployment rate isn’t bad news
Author: 0 The rise in the USA unemployment rate isn’t bad news

The labor force participation rate, or the proportion of working-age Americans who have a job or are looking for one, rose to 62.9 per cent last month from 62.7 per cent in May. "Contacts expressed concern about the possible adverse effects of tariffs and other proposed trade restrictions", the Fed said in minutes published Thursday.

Finance Trump’s tweets added $10 to oil prices, Iran’s OPEC boss says
Author: 0 Trump’s tweets added $10 to oil prices, Iran’s OPEC boss says

Kazempour accused Trump of trying to ramp up tensions between Iran and its regional rival, Saudi Arabia. "Saudi lowered some of the prices for some of its products to Asia and to Europe and to the US". The United States has always been both a major producer and consumer of oil, which means that most presidents have favoured moderate oil prices .

Finance Micron says not been served with preliminary injunction
Author: 0 Micron says not been served with preliminary injunction

It said the United States company's products infringed on three of its patents related to DDR4, SSDs, and graphic card memory. The Fuzhou City Court of China issued a preliminary injunction order of ban on the sale of Micron products in China.

Finance China blames U.S. for ‘largest-scale trade war’ as tariffs kick in
Author: 0 China blames U.S. for ‘largest-scale trade war’ as tariffs kick in

Trump and his advisers argue the tariffs are necessary to pressure China into abandoning unfair practices such as stealing intellectual property and forcing American companies to hand over valuable technology. "Whether it's through trade war or other means, the end goal is to make China subservient to the United States, " said He Weiwen, vice president of the Center for China and Globalization, in Beijing.

Author: 0 U.S. job growth strong but unemployment rate rises to 4%

Average hourly earnings are expected to have increased by 0.3% month-on-month and 2.8% compared to June 2017. Major U.S. stock indexes were mostly higher Friday after the jobs report was issued, keeping the market on track for a weekly gain after two weeks of losses.

Finance Ottawa eager to restart NAFTA talks, even if Trump’s in no rush
Author: 0 Ottawa eager to restart NAFTA talks, even if Trump’s in no rush

The $16.6-billion in levies on American goods are in retaliation to United States tariffs on Canadian steel and aluminum and are on a number of every-day items you might pick up at the grocery store. You're going to have an election. On Monday, Prime Minister Justin Trudeau spoke with Lopez Obrador by phone. “Our priority has always been to conclude a mutually beneficial agreement as quickly as possible and that, I think, remains our goal, ” said the official, who was not authorized to ...

Finance Saudi Arabia Won't Bring 2 Million Bpd Online
Author: 0 Saudi Arabia Won't Bring 2 Million Bpd Online

President Trump said in a tweet on Saturday that Saudi Arabia agreed to boost oil production by 2 million barrels per day (mb/d), a claim that surely came as news to the Saudis. sanctions on Iran has been amplified this week as Trump continues to target the group which he blames for rising prices. President Trump lashed out at OPEC with a warning to stop manipulating oil markets and piled pressure on close US allies in an interview that aired on Sunday with a threat to sanction ...

Finance MSP for paddy hiked by Rs. 200
Author: 0 MSP for paddy hiked by Rs. 200

The median hike this year works out to around 25 per cent compared with a 3-4 per cent in the last three years. Asked about the cost to the exchequer, Mr. In 2008-09 - also an election year - the UPA government had announced a 20.8% year-on-year hike in the MSP of paddy. "That is why we have taken this historic decision", Singh said, briefing reporters on the decision.

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