Finance

Rusal shares soar, aluminium falls as U.S. lifts sanctions

Rusal shares soar, aluminium falls as U.S. lifts sanctions Some lawmakers from both parties have said it is inappropriate to ease sanctions on companies tied to Deripaska, a Putin ally, while Special Counsel Robert Mueller investigates whether Trump's 2016 presidential campaign colluded with Moscow. [Full Article...]

Weak Caterpillar and Nvidia earnings flag risk ahead

Weak Caterpillar and Nvidia earnings flag risk ahead Bank Wealth Management. It drove much of the decline on the Dow Jones , which at one point was down more than 400 points (1.5 per cent) to close down 0.84 per cent. However, they expect gaps to remain on key problems such as China's blueprint for state-led development of leading technologies. The disappointing results come ahead of a busy week for American corporate reports, highlighted by Mi... [Full Article...]

Tyson recalls more than 36K pounds of chicken nuggets nationwide

Tyson recalls more than 36K pounds of chicken nuggets nationwide Those nuggets were sold nationwide. The company said rubber is part of a seal on an equipment used to produce the nuggets, and some pieces were accidentally mixed with the product. "FSIS is concerned that some product may be frozen and in consumers' freezers". The problem was discovered after Tyson received consumer complaints of extraneous material in purchased Panko Chicken Nugget products... [Full Article...]

Israeli Rescue Team Arrives in Brazil To Help After Dam Breaks

Israeli Rescue Team Arrives in Brazil To Help After Dam Breaks Rescue workers walk on a rail bridge that was destroyed. The company says the dam on the outskirts of Brumadinho had surpassed safety standards when it was inspected in June and September of previous year. The miner estimates investments of around BRL5 billion ($1.3 billion) will be necessary to decommission its upstream dams and the decommissioning process will occur over the next three years. [Full Article...]

High-stakes poker resumes as China and USA officials meet in Washington

High-stakes poker resumes as China and USA officials meet in Washington Trump has threatened to raise tariffs on $200 billion to 25 percent from 10 percent on March 2 if an agreement can not be reached. In Argentina, Trump had agreed to not raise the then-10 per cent tariffs on the Dollars 200 billion worth of Chinese goods to 25 per cent. [Full Article...]

USPS suspends delivery in several states affected by the polar vortex

USPS suspends delivery in several states affected by the polar vortex The U.S. Postal Service announced Tuesday that it will temporarily suspend delivery in Minnesota on Wednesday because of "projected deteriorating weather conditions". Mail carriers will still attempt delivery for every customer unless they are in a place where delivery has been suspended. The suspension includes residential, business, and collection boxes, as well as residential and commercial p... [Full Article...]

Venezuela in Turmoil: Supreme court imposes travel ban on Guaido

Venezuela in Turmoil: Supreme court imposes travel ban on Guaido The 35-year-old head of the National Assembly legislature "is prohibited from leaving the country until the end of the (preliminary) investigation", high court president Maikel Moreno said. In another effort to make Guaido's rule a fait accompli, US Secretary of State Mike Pompeo certified that Guaido has authority to take control of bank accounts that Venezuela's government has in the Federal Res... [Full Article...]

Porsche Taycan: 100 km charge in 4 minutes

Porsche Taycan: 100 km charge in 4 minutes They won't have to be at the pump long, either. Using 350 kW chargers, 800-volt technology, and the combined charging system (CCS) standard, the Taycan would be able to add more than 60 miles of range in just four minutes. The Taycan is expected to launch later in 2019. Porsche dealers without Turbo Chargers would feature 50 kW fast chargers on site. These plans are all fine on paper, but wh... [Full Article...]

Taco Bell evacuated, WWII grenade safely removed

Taco Bell evacuated, WWII grenade safely removed A Florida Taco Bell was evacuated Saturday after a fisherman said he found a World War II-era hand grenade while magnet fishing in Lake Weir. The Taco Bell in Ocala, Florida, was forced to temporarily shut down after the man brought the grenade to the restaurant on Saturday, according to CBS Tampa affiliate WTSP-TV . [Full Article...]

Axe hangs over workers at Tesco's 250 Scottish stores

Axe hangs over workers at Tesco's 250 Scottish stores Sweeping changes across the business will include a reduction in meat, fish and deli counters, with 90 stores set to lose the service altogether and the remaining 700 trading with either a full or flexible offer. The supermarket chain which has stores in Broughton, Mold and Holywell said it has briefed staff today on changes to " simplify " the business and ultimately reduce costs. [Full Article...]

USA goes after Venezuela's oil to hit embattled Nicolas Maduro

USA goes after Venezuela's oil to hit embattled Nicolas Maduro In an apparent effort to minimise negative fallout in the United States, Treasury Secretary Steven Mnuchin said Citgo in the United States would be able to continue to operate provided funds go to a blocked account. Colombia borders Venezuela and its government has sided with the U.S.in opposing Maduro. He said oil supplies were sufficient to ensure no significant impact on U.S. [Full Article...]

May's party offers new compromise to break Brexit impasse

May's party offers new compromise to break Brexit impasse Her hopes of a majority for the Brady amendment were boosted when former foreign secretary and Brexit figurehead Boris Johnson said he would "gladly" vote for it - if it meant the Withdrawal Agreement being reopened and legally binding changes being made to the backstop. [Full Article...]

Ireland says 'no change' to Brexit backstop

Ireland says 'no change' to Brexit backstop Mrs May insists her agreement can still win parliament's backing, if it is tweaked to alleviate concerns about a provision for the Irish border. A spokesperson for the prime minister told reporters on Monday that changes would have to be made to the Withdrawal Agreement, including the backstop, as it had been " rejected by MPs by a significant margin ". [Full Article...]

USA charges China's Huawei with bank fraud, stealing trade secrets

USA charges China's Huawei with bank fraud, stealing trade secrets Acting Attorney General Matthew Whitaker, FBI Director Christopher Wray and Homeland Security Secretary Kirstjen Nielsen announced the charges on Monday afternoon in Washington . Rather than being the work of one or two rogue actors, Whitaker said the alleged conduct bore the hallmarks of "corporate-sponsored behaviour" that was directed as company policy. [Full Article...]

USA officially files criminal charges against Huawei executive

USA officially files criminal charges against Huawei executive Huawei is accused of stealing robot technology from T-Mobile for building smartphones. Whitaker said these were not "rogue employees" acting on their own, but that stealing intellectual property was a "way of doing business" encouraged by Huawei itself. [Full Article...]

Trump administration accepts Guaido ally as Venezuela envoy in U.S.

Trump administration accepts Guaido ally as Venezuela envoy in U.S. Maduro says the United States is promoting a coup against him and promised to stay in office, backed by Russian Federation and China, which have bankrolled his government and fought off efforts to have his government disavowed by the United Nations. [Full Article...]

Saudi seeks to attract SAR1.6 trillion with industrial development programme

Saudi seeks to attract SAR1.6 trillion with industrial development programme He pointed out that the National Industrial Development and Logistics Program (NIDLP) will achieve unprecedented growth and integration in the Kingdom's economy in the sectors of manufacturing, mining, energy and logistics. Falih said that implementation had already started on a number of projects. Saudi Arabia, which is the world's biggest exporter of oil, has been attempting to reduce its r... [Full Article...]

Former Starbucks CEO considering independent White House bid

He told CNN that Mr Schultz's potential run could give President Trump the "best hope of getting re-elected" by splitting the opposition vote. Schultz, chairman emeritus and largest individual shareholder of Starbucks, weighed jumping into the 2016 presidential race, according to the New York Times , but ultimately concluded that Hillary Clinton would win the Democratic nomination. [Full Article...]

Australia supports Venezuela opposition leader Juan Guaido

Australia supports Venezuela opposition leader Juan Guaido Guaido has aggressively pushed the military and the global community to recognize him as rightful head of state since he took the helm of the legislature on January 5. "There are many, many who are unhappy", Silva said in a video address. "I am writing to ask you to stop this illegitimate transaction", wrote Guaido. [Full Article...]

Truck driver from Brooklyn wins $298 million Powerball Jackpot

Truck driver from Brooklyn wins $298 million Powerball Jackpot The 56-year-old found a $5 bill in his back pocket and chose to play the Powerball lottery, Pix11 reported. "He scanned it and said, 'Congratulations.' I needed to see it for myself, so I scanned and saw it read BIG WINNER". "A friend of mine, a next driver for the company, called me and said 'Hey Dave!" After withholdings, Johnson will go home with about $114 million. "I went, got back in my ... [Full Article...]


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