Markets

China confirms arrest of second Canadian in escalating spat

China confirms arrest of second Canadian in escalating spat Now China has the country in its cross-hairs, detaining two Canadians in apparent retaliation for the arrest of a top Chinese tech executive on behalf of the United States. Canada-China relations are being tested after China's spy agency detained former Canadian diplomat Michael Kovrig on Monday in Beijing. US President Donald Trump blurred the line between political and judicial matte... [Full Article...]

Farm bill passes despite President Trump's food stamp preference

Farm bill passes despite President Trump's food stamp preference He continued: "I am constantly correcting that notion". The Farm Bill , as it is commonly known, provides assistance to farmers and people in poverty. John Kennedy (R-La.) said in a statement provided to LifeZette. "It gives them the security and certainty they need to plan for the future". The bill is now on its way to the White House, and Trump is expected to sign it without the theatrics w... [Full Article...]

Human heart left behind on Seattle-bound flight

Human heart left behind on Seattle-bound flight The "life-critical cargo shipment" was supposed to be unloaded in Seattle and transported to an undisclosed local hospital, a representative from Southwest told HuffPost. It's not known whether or not someone's life was in danger because of the mishap or if the heart made it to its intended recipient, according to the report. [Full Article...]

Tesla’s Elon Musk Hits Out At US SEC

Tesla’s Elon Musk Hits Out At US SEC But I believe him that he truly is clueless when it comes to smoking weed-which makes it that much sadder he lost $20 million (£16 million) and the chairmanship of his electric vehicle company over it. She is chief financial officer and strategy head at Telstra Corp. Musk told " 60 Minutes " interviewer Lesley Stahl that he had hand-picked Denholm. [Full Article...]

Kotex tampons recalled after reports of product unraveling inside body

Kotex tampons recalled after reports of product unraveling inside body This comes after some consumers have had to seek medical attention to remove tampon pieces that were left in their body. Problems related to the recalled products can be reported by health care professionals in the United States to MedWatch and in Canada to Health Canada . [Full Article...]

Huawei CFO Meng Wanzhou has been granted bail of $10 million

Huawei CFO Meng Wanzhou has been granted bail of $10 million Canadian Public Safety Minister Ralph Goodale told reporters he saw "no explicit indication" Meng's case was linked to the detention of Michael Kovrig, who now works as a senior adviser to the International Crisis Group in Hong Kong. Huawei has since denied the allegations against Meng, pointing out that it complies with all applicable laws in its areas of operation. The arrest threatens to incr... [Full Article...]

Google CEO spars with lawmakers on bias, privacy

Google CEO spars with lawmakers on bias, privacy Google's chief executive has explained to a U.S. congressional hearing why searching for the term " idiot " on Google Images returns pictures of Donald Trump while giving evidence to Congress. Pichai's testimony was overshadowed by the memory of his empty chair from a September hearing he skipped. "It was necessary to convene this hearing because of the widening gap of distrust between t... [Full Article...]

Theresa May Faces Leadership Challenge Following Vote Of No Confidence

Theresa May Faces Leadership Challenge Following Vote Of No Confidence Gove, 51, pulled off an unexpected career comeback after the 2016 leadership contest in which he was widely seen as having betrayed his fellow high-profile Leave campaigner Boris Johnson by putting his name in the running. "Conservatives must now answer whether they wish to draw ever closer to an election under Mrs May's leadership". Penny Mordaunt has backed the prime minister as Theresa May f... [Full Article...]

Tobacco giant Altria makes massive bet on cannabis

Tobacco giant Altria makes massive bet on cannabis Altria's stock has fallen almost 25% this year and the company is expected to report revenue growth of only about 1% this year and in 2019. — Last summer, Tilray Inc., a medical marijuana company in British Columbia, became the first marijuana business to complete an initial public offering on a major USA stock exchange, raising $153 million to expand its operations as Canada prepared to legali... [Full Article...]

French troops deployed in Paris amid ‘yellow vest’ protest

French troops deployed in Paris amid ‘yellow vest’ protest Crowds of protesters first tried to march down the Champs-Elysees avenue toward the Elysee palace but were prevented by rows of police. In eastern Paris , in Republique Square, protests were more quiet with no incident. "Now we await Mr Macron . Me, I'm not here to break things because I have four children", said protester Myriam Diaz. "But I still want to be here to say 'Stop, that's enough, ... [Full Article...]

Trump, German auto executives meet at White House

Trump, German auto executives meet at White House As the high-stake trade talk concluded, the White House said in a statement that U.S. president Donald Trump will not impose any tariff hike on the $200 billion worth of Chinese imports. companies. "I am a Tariff Man. This is the first time they've responded on very, very specific issues". The current tax is 40 percent on US-made cars, while foreign competitors have only a 15 percent tarif... [Full Article...]

Huawei CFO Arrested In Canada

Huawei CFO Arrested In Canada MSCI's benchmark for global stocks declined 0.61 percent, and US markets were on track to open lower by 1 percent or more. Vigneault's speech comes shortly after three members Five Eyes intelligence-sharing alliance - New Zealand, Australia , U.S. [Full Article...]

Oil prices slide as Trump urges OPEC not to cut supply

Oil prices slide as Trump urges OPEC not to cut supply The Organisation of the Petroleum Exporting Countries (Opec) has made a planned cut in oil production effectively conditional on the contribution from non-Opec producer Russian Federation, delegates said on Thursday as the group gathered in Vienna for a meeting aimed at supporting battered oil prices. [Full Article...]

Donald Trump says he believes Xi Jinping is honest on trade

Donald Trump says he believes Xi Jinping is honest on trade I am a Tariff Man . He added: "When people or countries come in to raid the great wealth of our Nation, I want them to pay for the privilege of doing so". Kudlow said he did not think that vehicle tariffs were imminent, though he added that they were in Trump's "quiver of arrows". In the meantime, the outlines of the agreement remain hazy and in some cases confusing. [Full Article...]

G20 summit backs WTO reform ahead of Trump, Xi trade talks

G20 summit backs WTO reform ahead of Trump, Xi trade talks Trump has appointed Lighthizer, one of the administration's most vocal China critics, to oversee the new round of trade talks with China, a White House official and a USA official told Reuters on Monday. According to the US President, his relationship with Xi is " very special ". Of China's US$51 billion of vehicle imports in 2017, about US$13.5 billion came from North America, including ... [Full Article...]

$9bn currency swap with China to boost Argentina's reserves

$9bn currency swap with China to boost Argentina's reserves China and Argentina hope to close a deal related to the construction of the latter's fourth nuclear power plant this weekend, reports Reuters. Xi said that he and Macri, meeting five times in less than three years, created a record in the history of bilateral ties, and that China-Argentina relations are witnessing unprecedented breadth and depth. [Full Article...]

Trump to end Nafta before vote to revise pact with Canada, Mexico

Trump to end Nafta before vote to revise pact with Canada, Mexico That letter is already in effect, he said. The Vice President of the Canadian Global Affairs Institute expects the U.S. President to rescind the North American Free Trade Agreement to Pressure Congress into passing the United States-Mexico-Canada Agreement. [Full Article...]

Trump is leading US trade negotiations with China: Mnuchin

Trump is leading US trade negotiations with China: Mnuchin President Trump's self-proclaimed superhero status as " Tariff Man " does not impress Ben Shapiro . "It will always be the best way to max out our economic power", he said. White House economic adviser Larry Kudlow said earlier this week the USA won Chinese commitments to buy more than $1 trillion in American products. [Full Article...]

The Fed’s No. 2 on Rate Hikes and Inflation

The Fed’s No. 2 on Rate Hikes and Inflation The Fed's gradual interest-rate hikes are meant to balance risks as it tries to keep the economy on track, Powell said, but offered few clues on how much longer the US central bank would raise interest rates in the face of a global slowdown and market volatility at home. [Full Article...]

United States slams harmful China trade policies, threatens auto tariffs

United States slams harmful China trade policies, threatens auto tariffs The United States now has a 2.5 percent tariff on imported cars and sport utility vehicles from markets outside North America and South Korea. GM did not directly comment on Trump's tweets, but reiterated that it was committed to investing in the United States. [Full Article...]


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