Business

Iranians rally to mark anniversary of US Embassy takeover

Iranians rally to mark anniversary of US Embassy takeover The Iranian president said: "America wanted to cut to zero Iran's oil sales. but we will continue to sell our oil.to break sanctions". U.S. Secretary of State Mike Pompeo , who announced the decision, did not name the eight, which he referred to as "jurisdictions", a term that might include importers such as Taiwan which the United States does not regard as a country. [Full Article...]

Trump makes final push in battleground states as midterm election nears

Trump makes final push in battleground states as midterm election nears Dana Rohrbacher, and other Republicans. Democrats hope the president's hardline rhetoric will help them entice younger voters, suburban moderates and minorities to the polls . He's cleaning up the last administration's mess, Sarah Sanders argued on Monday to press at the White House. But there, the map was even tougher, with Democrats defending 10 Trump states and Republicans defending only one... [Full Article...]

Lowe's Closing 51 Stores

Lowe's Closing 51 Stores A list of impacted stores may be found on Lowe's newsroom . The stores that will close include Rona on Barrydowne Road in Sudbury, as well as a Rona and Lowe's in Sault Ste. Marvin Ellison, the new CEO, previously said he wants to focus more on improving core retail areas and increasing online sales. In a release, the company states most of the impacted stores are within 16 kilometres of anot... [Full Article...]

Oil Prices Fall On Signs Of Rising Global Supply

Oil Prices Fall On Signs Of Rising Global Supply The West Texas Intermediate (WTI) and Brent crude oil benchmarks ended the day lower Tuesday. On November 4, 2018, USA sanctions on Iran will begin and Washington has made it clear it expects for Iranian oil customers to stop buying. "The U.S. may use waivers to slow walk implementation, but these will not apply indefinitely", he added. Increases in global supply, as well as trade war tens... [Full Article...]

Is there a Trump-China deal in the offing? We'll see

Xi was quoted as saying after the call with Trump that they had hoped to expand trade cooperation. "China has been hurt over the last number of months". before saying he thought he could "make a great deal with China" but it was not yet ready. Trump said that in early October China wanted to come in and make a deal, but he told them they weren't ready. [Full Article...]

Oil prices down more than one percent on rising supply, trade war

Oil prices down more than one percent on rising supply, trade war Later, 280,000 barrels were traded in IRENEX at $74.85. The administration of US President Donald Trump is preparing to launch a series of sanctions against Iran from November 4 in which a universal ban on the country's oil exports appears to be a primary objective. [Full Article...]

India's war on red tape is working, says World Bank

India's war on red tape is working, says World Bank According to the report , among south Asian neighbours, Pakistan's regional average score stands at 56.71, with China at 73.6, India at 67.23, and Bangladesh at 41.97. The single biggest gain was in the area of construction permits, where India now ranks #52 globally - 129 places higher than the last time. A Hong Kong government spokesman said the city's improved ranking reflected "continuous... [Full Article...]

US Plans More China Tariffs If Trump-Xi Meeting Fails, Sources Say

US Plans More China Tariffs If Trump-Xi Meeting Fails, Sources Say The Dow Jones Industrial Average was up 206 points to 24,649, the S&P 500 index gained 0.8 percent, while the Nasdaq Composite Index was also up 0.8 percent. The euro fell as Germany's Angela Merkel said she will quit as head of her party after almost two decades, though she intends to see out her term as chancellor. [Full Article...]

Government says consultations on with RBI, remains mum on Section 7

Government says consultations on with RBI, remains mum on Section 7 The Reserve Bank of India governor Urjit Patel is considering all options including resigning from his post following an unprecedented attack on the central bank's functioning by Finance Minister Arun Jaitley . Three issues were raised through these consultations - Issues of the power sector, Prompt Corrective Action (PCA ) and Medium and Small Scale Enterprises (MSME). [Full Article...]

2 winning tickets sold for $750 million Powerball jackpot

2 winning tickets sold for $750 million Powerball jackpot Powerball has climbed since the last winning ticket took home the jackpot in NY in August. Lottery officials said the winning tickets were sold in Arizona, Florida, Kentucky, New Jersey, New York, Oregon, and Wisconsin. A retired veteran, Raymond Heft of Madison, is the lucky victor of the $1 million Powerball drawing from Wednesday, Oct. 24. Powerball is offered in 44 States, Washingto... [Full Article...]

Jamal Khashoggi’s killing was a premeditated crime, Saudi prosecutors say

Jamal Khashoggi’s killing was a premeditated crime, Saudi prosecutors say It has emerged that Mr Khashoggi's son has left Saudi Arabia and is on his way to the United States . Saudi Crown Prince Mohammed bin Salman, the country's de facto leader, has denied having knowledge of the mission and on Wednesday promised to bring those responsible to justice. [Full Article...]

Jeff Bezos Loses $14 Billion as Amazon Stock Plunges

Jeff Bezos Loses $14 Billion as Amazon Stock Plunges Operating income will be US$2.1 billion to US$3.6 billion, Amazon said . That could signal weaker-than-expected consumer spending as the important holiday season approaches, indicated by Amazon's forecast that its fourth-quarter sales will fall short of analysts' expectations. [Full Article...]

France says ready to back sanctions against Khashoggi killers

France says ready to back sanctions against Khashoggi killers According to Ryan Satin of Pro Wrestling Sheet , Bryan told WWE management he will not compete at the event due to the Saudi government's reported involvement in the death of journalist Jamal Khashoggi . Last week US President Donald Trump said "rogue killers" could be to blame, while Saudi Foreign Minister Adel al-Jubeir also blamed a "rogue operation", before the kingdom on Thursday cit... [Full Article...]

People Line Up Across the Country for Historic Lottery Jackpot

People Line Up Across the Country for Historic Lottery Jackpot If it seems that lottery jackpots have been larger than usual - the Powerball jackpot is now at $620 million, with the next drawing on Oc.t 24 - there's a reason for that. "There are approximately 303 million to one combinations". The Mega Millions cut off time can vary by state. "When they first opened I bought a scratch off here and it was $10,000", Beyeler said. [Full Article...]

New footage appears to show Saudi suspect wearing Jamal Khashoggi's clothing

New footage appears to show Saudi suspect wearing Jamal Khashoggi's clothing A still image taken from CCTV video and obtained by TRT World claims to show Saudi journalist Jamal Khashoggi , highlighted in a red circle by the source, as he arrives at Saudi Arabia's Consulate in Istanbul, Turkey , Oct. Labour leader Jeremy Corbyn said "condemnation is not enough", asking: "Will they now end arms sales to Saudi Arabia?" Saudi Arabia said 18 Saudi suspects were in custo... [Full Article...]

Surveillance Footage: 'Body Double' Posed as Khashoggi After Killing

Surveillance Footage: 'Body Double' Posed as Khashoggi After Killing Turkish authorities have put the fiancee of slain Saudi journalist Jamal Khashoggi under 24-hour police protection, the state-run Anadolu news agency said on Sunday. Central Intelligence Agency officials have listened to the audio recording that Turkey says proves Khashoggi was killed by Saudi agents in the consulate, according to people briefed on the matter. [Full Article...]

Tuesday Mega Millions Jackpot Estimated to be $1.6 Billion Prize

Tuesday Mega Millions Jackpot Estimated to be $1.6 Billion Prize It's the largest Mega Millions prize in the game's history. Medenica told The Post that about 57 percent of the possible number combinations were purchased in advance of Friday's drawing and that it was an "extremely pleasant surprise" there was no victor. [Full Article...]

Oil rises as investors fret over Iranian supply gaps

Oil rises as investors fret over Iranian supply gaps During 2017, Iran was Turkey's top crude oil source, accounting for 11.5 million tonnes of its total purchases nearing 26 million tonnes, followed by Iraq and Russian Federation. But President Donald Trump on Wednesday gave Saudi Arabia the benefit of the doubt in the journalist's disappearance, suggesting the White House may not take additional action against Saudi Arabia . [Full Article...]

Turkey denies giving 'any kind of audio tape' on Khashoggi to US

Turkey denies giving 'any kind of audio tape' on Khashoggi to US Mr Trump has previously vowed to inflict " severe punishment " on Saudi Arabia if it was behind Mr Khashoggi's killing - but also said he is against cancelling military contracts with Riyadh. Trump, who has insisted that more facts must be known before making assumptions, did not say on what he based his latest statement about the writer's likely demise. [Full Article...]

Saudi oil output expected to rise next month: Falih

Saudi oil output expected to rise next month: Falih As of writing, the WTI was up 0.66% on the day at $72.15. The curbs on Iran are having an effect on oil prices , with global benchmark Brent trading now trading near its highest level in four years. With sanctions set to be applied on Iran, deliveries from them to India have been considerably higher through the first nine months of the year compared to the same period in 2017, as India ... [Full Article...]


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