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China to 'fight back' against any threatened U.S. tariffs

China to 'fight back' against any threatened U.S. tariffs Trump said the new tariffs , which come days after his administration leveled $ 50 billion in duties on a wide array of Chinese goods, were a response to the retaliatory trade barriers the Chinese government imposed Friday. President Donald Trump added fuel to a burgeoning trade conflict with China on Monday, as he threatened to slap new tariffs on an additional $200 billion worth of Chin... [Full Article...]

U.S. and European autos stocks fall on Trump's 20% tariff threat

U.S. and European autos stocks fall on Trump's 20% tariff threat The agreed European Union countermeasures will initially target a list of USA goods worth $3.2 billion (€2.8 billion), most of which will be hit with import duties of 25 percent. Trump is also looking at new tariffs on auto imports, opening a new front in the trade war. The potential trade action would affect more than $200 billion in US imports, PIIE said. [Full Article...]

USA court backs states over web sales tax

USA court backs states over web sales tax Washington , which doesn't tax personal income or capital gains, depends heavily on sales-tax revenues to help fund government services. That's even though Floridians already are technically supposed to pay sales tax on online purchases. [Full Article...]

Oil complex rallies despite China/US trade tension - Oil

Oil complex rallies despite China/US trade tension - Oil The move would effectively wipe out existing production cuts of 1.8 million bpd, which have helped rebalance the market in the past 18 months and lifted oil prices to almost $80 per barrel from as low as $27 in 2016. The U.S. president repeatedly voiced his dissatisfaction with OPEC through social media accusing the cartel of driving up the oil prices, this consequently caused some turbulence in t... [Full Article...]

Merkel accepts CSU offer to delay ban on migrants: DPA

Merkel accepts CSU offer to delay ban on migrants: DPA Trump's comments came after German Chancellor Angela Merkel agreed to find a solution to the migrant issue by the end of the month, with interior minister Horst Seehofer backing down from his threat to bypass her on border controls - for now. [Full Article...]

Tesla to slash thousands of jobs in profitability drive

Tesla to slash thousands of jobs in profitability drive The terminated jobs will be confined to salaried positions and not include any production workers, meaning the company's Model 3 productions targets will apparently go unaffected. Together, the Buffalo plant has more than 500 workers, Tesla has said. Tesla has never been profitable in its 15-year existence. Last month, Musk had hinted at a reorganisation but did not give details. [Full Article...]

Kim summit: North Korea hails 'new era' of relations with the US

Kim summit: North Korea hails 'new era' of relations with the US Monday's meeting is apparently aimed at narrowing the gap between the US and North Korea over the demand for North Korea to give up its nuclear weapons. Singapore has spent $S20 million hosting the summit, half of that on security costs, with Lee saying it was "in our profound interest" to contribute to such an worldwide endeavour. [Full Article...]

ZTE agrees to 'strictest' US Commerce settlement

ZTE agrees to 'strictest' US Commerce settlement The agreement requires ZTE to pay almost $1 billion Dollars, as well as keep $400 million of penalty in escrow, or in custody of a third party, before the Commerce Department's Bureau of Industry and Security (BIS) will remove the company off of its Denied Persons List. [Full Article...]

Trump invokes War of 1812 in testy call with Trudeau over tariffs

Ben Rhodes, a former foreign policy adviser to Barack Obama, warned on Twitter of "severe and lasting damage to America's standing", saying the U.S.is acting "for no reason other than Trump's ego and impulses". Democrats need to pick up 23 seats to take control of the House. When Canada instead formed a common front with Mexico against Mr. Trump's protectionist demands, the United States was ups... [Full Article...]

Koch brothers taking on Trump with free trade campaign

Koch brothers taking on Trump with free trade campaign The same was true of Mexico and Canada , with the latter's leader lashing out at Trump in recent days over the matter. "By the time I finish trade talks, that will change", he tweeted. But he said the us insistence on a five-year sunset clause was a deal breaker. He has echoed the administration's position that America has gotten the short end of the stick from China. [Full Article...]

Iran's weekly light crude price surpasses $77

Iran's weekly light crude price surpasses $77 Brent crude was down 38 cents, or 0.5 percent, at $77.12 per barrel at 0643 GMT, after settling the last session up 2.8 percent. OPEC and its partners chose to extend its production cuts till the end of 2018 in Vienna on November 30, as the oil cartel and its allies step up their attempt to end a three-year supply glut that has savaged crude prices and the global energy industry. [Full Article...]

Donald Trump's new tariff plans 'counterproductive' and 'illegal', say world leaders

Donald Trump's new tariff plans 'counterproductive' and 'illegal', say world leaders Trump's decision could raise prices for Americans on a range of everyday products. NAFTA renegotiations will be put in jeopardy by this move as well-the Trade Partnership estimates that withdrawal from NAFTA would cost the country a staggering 18 million jobs in the first year alone. [Full Article...]

National Doughnut Day 2018: Where to snag free treats around San Antonio

National Doughnut Day 2018: Where to snag free treats around San Antonio Krispy Kreme is offering a free donut without requiring any other purchase. Duffy's Sports Grill: Free order of Red Velvet Mini Donuts per table at Miami Beach and Kendall locations. One free bare, cinnamon sugar or powdered sugar doughnut, no purchase necessary. If you're the first customer at this Phoenix bakeshop, you'll get to enjoy a free donut latte . [Full Article...]

India's top fuel retailer trims petrol, diesel prices

India's top fuel retailer trims petrol, diesel prices But the marginal decline had its share of excitement with state-owned Indian Oil Corp (IOC) first announcing a reduction of 60 paise - the biggest since daily price revision was introduced in mid-June previous year, only to retract it within a couple of hours citing a technical error. [Full Article...]

U.S. oil prices decline amid expected crude output increase

U.S. oil prices decline amid expected crude output increase While this strategy has certainly helped the central government reinforce federal coffers, the recent increase in crude oil has made fuel more expensive than ever before. Next month's meeting of the Organization of the Petroleum Exporting Countries (OPEC) is being touted as key to the outlook for crude oil prices, but a strong indication of what's likely will come next week. [Full Article...]

Starbucks stores to shut down Tuesday for bias training

Starbucks stores to shut down Tuesday for bias training Stanley Nelson, a MacArthur Foundation "genius" fellow and documentarian, made a short film called "You're Welcome". The training is meant to help Starbucks navigate the challenges of being the "third place" that its leaders have often spoken about - the place where people spend time outside of work and their home. [Full Article...]

Service dog gives birth to puppies at Florida airport

Service dog gives birth to puppies at Florida airport A service dog delivered a healthy litter of puppies at Tampa International Airport , Florida, after going into labor as she waited to board a Philadelphia-bound flight with her owner. "It's absolutely something I will never forget and the airport will never forget", Van Atter added. Ellie, who was pregnant with 8 puppies, gave birth one-by-one with the puppies' dad, Nugget, also Van Atter's dog... [Full Article...]

PayPal buys Swedish start-up iZettle for United States dollars 2.2 bln

PayPal buys Swedish start-up iZettle for United States dollars 2.2 bln The company has a presence in 11 countries and offers other services for small businesses such as lending. IZettle has almost half a million merchants on its platform and expects to generate gross revenues of $165m (£122m) in 2018, processing total payments of around $6bn (£4.4bn). [Full Article...]

Stormy Daniels: Trump discloses payment to reimburse lawyer

Stormy Daniels: Trump discloses payment to reimburse lawyer At the same time , prosecutors are investigating Cohen for possible bank and tax fraud, possible campaign law violations linked to a hush-money payment to porn star Stormy Daniels , and perhaps other matters related to Trump's presidential campaign, a person familiar with the probe has said. [Full Article...]

Signals from Technical Perspective - Vodafone Group Plc (NASDAQ: VOD)

Signals from Technical Perspective - Vodafone Group Plc (NASDAQ: VOD) Barnett & holds 0.47% in The Blackstone Group L.P. (NYSE:BX) or 29,939 shares. The New York-based Focused Wealth Mngmt has invested 0% in Firstgroup plc (LON:FGP). Barclays increased their price objective on shares of Ashtead Group from GBX 2,263 ($30.70) to GBX 2,540 ($34.45) and gave the company an "overweight" rating in a research note on Tuesday, January 23rd. [Full Article...]


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