Money

COMMENT - Rupee fall makes case for rate hike in August

COMMENT - Rupee fall makes case for rate hike in August

Bucking the trend, stocks of software exporter such as Infosys, TCS and Wipro were trading higher by up to 2.12 per cent, largely supported by a weak rupee . A robust opening in the equity market a...

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Shortage of CO2 hits Britain's brewers

Shortage of CO2 hits Britain's brewers

A shortage of carbon dioxide has been created as a number of European plants have shut down for maintenance or technical issues, with only one United Kingdom producer understood to be in action. Ale...

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"Swiss Bank Money Flying. India Losing": Mamata Banerjee Slams Centre

ISLAMABAD: Money kept by Pakistani nationals in Swiss banks fell by over 21 percent to a record low of CHF (Swiss franc) 1.115 billion (Rs7,700 crore) in 2017, even as the same from India rose rose ...

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Harley-Davidson to shift some production out of USA over European Union tariffs

Harley-Davidson to shift some production out of USA over European Union tariffs

The president on Tuesday tweeted that if Harley goes through with its plans to move some production overseas , "it will be the beginning of the end - they surrendered, they quit!" For example, Indi...

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BMW is preparing to move production from UK

BMW is preparing to move production from UK

The referendum result did not necessarily affect the attraction or the strength of the UK R&D high-tech basis, and you still see Japanese investment coming to those sectors of the United Kingdom econo...

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Harley-Davidson to shift some production out of United States over European Union tariffs

Harley-Davidson to shift some production out of United States over European Union tariffs

The company, which sold almost 40,000 motorcycles in Europe previous year, said it planned to absorb those costs rather than pass them on to customers and risk damaging sales. Shares continued the...

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Iranians chant 'Death to Palestine' at economic protests in Tehran

Iranians chant 'Death to Palestine' at economic protests in Tehran

The AP also reported that in the midst of this, hardliners, many of whom were opposed to the JCPOA, have called for new elections in Iran or to replace President Hassan Rouhani's civilian govern...

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BMW joins Airbus in Brexit warning

BMW joins Airbus in Brexit warning

Nearly two-thirds of Britons believe they should have a final say on the Brexit deal, according to a poll published this week, although it is still unclear what would happen the government's deal were...

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White House Retreats From Plans for Strict Limits on Chinese Investment

White House Retreats From Plans for Strict Limits on Chinese Investment

Senior administration officials told reporters on a conference call that sticking with CFIUS, a process companies are familiar with, would ensure strong inward investment into the United States while ...

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Donald Trump Warns Harley-Davidson, Says 'We Won't Forget'

Donald Trump Warns Harley-Davidson, Says 'We Won't Forget'

Harley-Davidson, as we know, now builds bikes in Australia, Brazil, India , and Thailand. European Union officials suggested Trump had only himself to blame for the falling-out with a company he ha...

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Here's Why Trump Tweeted About Harley-Davidson's Plant In Kansas City

Here's Why Trump Tweeted About Harley-Davidson's Plant In Kansas City

The Trump administration has long touted its policies on trade and taxes as efforts to benefit American companies and revive manufacturing jobs across the country, but Harley-Davidson's decision...

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China, France Agree To Expand Trade, EU Raises

China, France Agree To Expand Trade, EU Raises "Difficult Issues"

Background: Trump has ratcheted up trade measures against China, and the disagreements over trade between the two countries have led to concerns over a potential trade war. France has been pushing ...

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Oil dips on OPEC output increase

Oil dips on OPEC output increase

The prompt Brent/WTI spread narrowed to $5.85/b on ICE in USA afternoon trading, its tightest since May 18. Again, on June 22 as OPEC was concluding its meeting on whether to hold or increase crud...

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India preparing to pay in rupees for Iran oil

India preparing to pay in rupees for Iran oil

The official said countries would be subject to sanctions if oil imports from Iran are not cut to zero. Notably, both New Delhi and Beijing both are the major importers of Iranian oil. External Af...

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EU nations boycott migration summit amid escalating tensions

EU nations boycott migration summit amid escalating tensions

A failure to find agreement could threaten the EU's border-free travel area, one of the biggest accomplishments of the bloc's 60-year history. The U.N.'s refugee agency forecasts that around 80,000 ...

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Turkey's Elections Give Erdogan Even More Control

Turkey's Elections Give Erdogan Even More Control

Turkish President Tayyip Erdogan won sweeping new executive powers on Monday after his victory in elections that also saw his Islamist-rooted AK Party and its nationalist allies secure a majority in...

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China, Europe warn trade war could trigger global recession

The broader S&P 500 closed at 2717.07, down 37.81 points or 1.4 per cent, marking its biggest one-day decline since early April. Citing national security concerns, which the White House says enc...

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Trump's Tariffs Are Forcing Harley-Davidson To Move Jobs Overseas

Trump's Tariffs Are Forcing Harley-Davidson To Move Jobs Overseas

Correction: Harley-Davidson said it will be moving production to its global factories , not necessarily to factories in Europe. The company, which sold almost 40,000 motorcycles in Europe a year ...

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US stocks slide on escalating US-China trade tensions

US stocks slide on escalating US-China trade tensions

But despite their alignment against the USA trade threat, the EU and China remain at odds over issues including the lack of reciprocal access for European firms and the EU's reluctance to endorse Chin...

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Erdogan confirmed victor of Turkey election that brings sweeping new powers

Erdogan confirmed victor of Turkey election that brings sweeping new powers

President Recep Tayyip Erdogan won Turkey's landmark election, the country's electoral commission said, ushering in a new system granting the president sweeping new powers which critics say will cemen...

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