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US defence chief visits China as tensions simmer

Trump has blamed past USA administrations for being soft on China and allowing the country to become dominant in manufacturing, including in products like steel and aluminum, which are subject to U.S. barriers on imports of aluminium and steel, triggering threats of further tariffs on European cars from Trump. He said markets have misunderstood the president's plans.

Business

Ninth year in a row ICU proves to be the leader in Ukrainian Fixed Income Market – Cbonds

The ranking was conducted by a news agency Cbonds based on the data of “Ukrainian stock traders” Association, which has official financial reports from the market operators – members of the association. Ukrainians began to give priority to the reliability of investments after a mass removal of insolvent and "pocket" banks from the market.” - said the managing partner of ICU Konstantin Stetsenko.

Business

Markets Right Now: Stocks fall on fresh worries over trade

Trump is gambling that Beijing has the most to lose. White House trade adviser Peter Navarro, who views China as a hostile economic and military power, said on Tuesday that China has underestimated Trump's resolve to impose more tariffs unless it changes its " predatory " trade practices.

Business

Sieren's China: Trump flexes his muscle in brewing trade war

The United States has now threatened five different rounds of tariffs on Chinese goods whose collective worth is close to $ 500 billion . Late Monday, Trump also announced he might pursue $ 200 billion more in tariffs on Chinese goods, though it was unclear whether the list would include more chips or computing products that might impact Intel.

Business

China Retaliates With New Tariffs as Trump’s Trade War Escalates

China said it would retaliate with $US50 billion in tariffs in response, rattling financial markets. Trump has already said the United States would hit another $100 billion of Chinese imports if Beijing retaliated. However many economists and businesses in the USA say the tariffs are likely to hurt some of the sectors the administration is trying to protect, which depend on China for parts or assembly.

Business

Dennis Rodman Jokes About Trump Winning Nobel Peace Prize

Rodman said that the White House contacted and thanked him. "Regarding the peace mechanism, I want to say China is an important party to the Korean Peninsula affairs and also signatory to the Armistice treaty". The statement comes just hours after Trump and Kim's historic summit on North Korean nuclear weapons. As part of the inter-Korean thaw, the Games were attended by North Korea and there was concern the military exercise could jeopardise the rapprochement.

Business

Japan's Abe: 'Great meaning' that North Korea's Kim promised complete denuclearization

We're going now for a signing". But the devil remains in the details, and everybody is mum so far on what those details are, exactly. Mr Lee, it said, complimented "the bold and admirable decision" by Mr Kim and Mr Trump to come together for the summit .

Business

Trump says United States not to endorse G7 communique

But in an apparent nod to Trump, it also pledged to push for swift reforms to the World Trade Organization which the USA president has said has been a "disaster" for his country. "The EU trade surplus with the United States is $151bn, and Canada keeps our farmers and others out". G7 leaders issued a joint pledge Saturday to combat protectionism and cut trade barriers as they wrapped up a fractious summit in Canada soured by a row over the United States imposition of tariffs on its allies.

Business

Apple's biggest conference of the year

Last month, Google unveiled a "digital well-being" initiative at its I/O developers' conference, including new features for Android smartphones that make it easier to activate no-distraction modes and get feedback about excessive app use.

Business

Cos with European Union ops face liabilities due to GDPR

Fear of these fines motivates much of the work being done, of course, but GDPR already shows that regulation can help to tame the behaviour of the tech giants. The digital advertising company Drawbridge, the social media tracker Klout and the save-it-for-later reading app Instapaper also stepped back. There are probably some businesses that don't realize that their mailing list is global.

Business

Hello? This is Google's AI calling

Here are 10 that really matter. Google I/O and Google Assistant logos. The technology giant is under fire after designing artificial intelligence that can converse over the phone, mimicking a human voice. You can continue to chat with the Assistant without saying the wake word, and a simple thank you, would be a cue for it to stop. A lot of things could still change until the Google Duplex launch, so we will just have to wait and see how Google reacts to the controversy.

Business

Walmart officially acquires 77 percent stake in Flipkart

The fact that most of it was already owned by foreign companies or that it is domiciled in Singapore didn't stop people from feeling pride about this Indian firm that had grown so quickly. With platforms such as Myntra, Jabong and PhonePe, Flipkart is positioned to leverage its integrated ecosystem, which is defined by localized service, insights into customers and an efficient supply chain.

Business

Walmart buys 77% stake in India's Flipkart for US$16 bln

This includes unwinding its commercial agreements with Flipkart and terminating Flipkart's license to use the eBay.in brand. In a country where hyper-local mom-and-pop stores dominate, Walmart and Amazon are betting that groceries will emerge as a sweet spot.

Business

After Sixers OT loss to Celtics, Embiid wondering where foul calls were

Boston took the first two games at home, and looked like it had the win in regulation of Game 3 after a disastrous turn of events from the 76ers. "Everything I'm able to do I've been doing in this series", Embiid said. The Louisville product again played well with 18 points, 7 rebounds, 3 assists and 2 steals to go with no turnovers. Al Horford's new and improved nickname appears to have stuck.

Business

Tim Cook wants India to have a larger slice of Apple

Apple presently has an average rating of "Buy" and an average price target of $203.58. Sales of iPads rose 2% to 9.1 million units compared with the same period a year ago, while Mac sales slipped 3% to 4.07 million. "I assume Apple can't find a strategic investment at the current prices that will move the needle for them". Cook said that though Apple's market share is low in many emerging markets, including India, Apple is looking to make iPhone the primary choice of consumers.

Business

Apple plows United States tax cuts into record share buybacks

Since July past year, Apple has been running aggressive marketing campaigns, offering interest-free EMIs on MacBooks and heavy discounts on entry-level MacBooks on e-commerce portals. Apple's growth story is gradually shifting from hardware sales to its services business as the company builds out the iPhone platform with app sales, music streaming subscriptions, cloud storage and mobile payments.

Business

Sainsbury's to become UK's largest supermarket following Asda merger

The merger will maintain both Asda and Sainsbury brands and the companies said that Walmart , which is the parent of Asda, will hold 42% of the share capital of the new entity and would not hold over 29.9% of the overall voting rights.

Business

Fernandinho: 'Current Manchester City team will be remembered for 100 years'

David Moyes responded by making a triple substitution with Evra, Lanzini and Fernandes simultaneously taken off. The one goal deficit didn't last long at all after goals from Gabriel Jesus and Fernandinho settled the 4-1 victory for Manchester City .

Business

Alphabet Profits Surge, But So Do Costs

That accounting change and a one-time benefit cut its effective tax rate almost in half. But not all of Alphabets companies are in the black. Demand for mobile search ads and a strong performance by the YouTube video service drove sales in the recent period, Porat said .

Business

Arsenal must be 'open-minded' in finding new manager, says CEO

Premier League record breaker and history maker Arsene Wenger will no longer be in charge at Arsenal as from next season. Chelsea boss Antonio Conte can not see another manager matching Arsene Wenger's 22-year Arsenal tenure in the years to come.

Business

Amazon Reaches 100 Million Prime Subscribers

If, over the long run, Amazon decides to club all these services under a common Prime subscription fee (it already clubs most of them), then this figure will be almost the same as the average Prime subscription fee per member. "In fact, people are pretty good at learning high standards simply through exposure". Bring a new person to a high standards team, and they'll quickly adapt.

Business

Cosby's chief accuser alleges drugging, assault

Last year, Jackson claimed Constand told her she planned to concoct the twisted scheme, though she was barred from testifying at trial by Judge Steven O'Neill. Cosby's attorneys are expected to cross-examine Constand, including about the almost $3.4 million settlement she received. KELLY: So Andrea Constand took the stand today.

Business

First Alert Weather: Severe storms and possible isolated tornadoes over the weekend

A Flash Flood Watch is in effect for Limestone, Morgan, Lauderdale, Colbert, and Franklin counties in Alabama from 7 AM Saturday to 1 AM Sunday . There is a likely chance of scattered thunderstorms in the forecast for Friday . The main threat to our area still looks to be damaging winds up to 65 miles per hour but there is a chance we could see a few isolated tornadoes, especially west of the Mississippi River.

Business

Hays school board to look at capital projects, budget

A spokeswoman with the school district said he will be gone all week on "district business". The virtual school uses Acellus - an online learning program with 20,000 schools and 2.5 million students worldwide - for curriculum and instruction, though CSVA students take standardized state tests.

Business

China's Xi promises to lower tariffs

During an eagerly awaited speech at a development conference on the tropical Chinese island of Hainan, Xi billed the planned cut in vehicle tariffs and a series of other measures as "a new phase of opening up."But numerous steps he outlined are ones Beijing has already proposed in some form".

Business

Tigermania in full bloom for round one of the Masters

Woods' tee time is set for 1:27 p.m. ET, and we'll have hole-by-hole updates right here. He seemingly hit more pines and patrons than fairways and greens but didn't quite play himself out of contention. Who will you be watching tomorrow? The greens were firm and mean and the pins seemed to have been placed by a superintendent coming off a rough night.

Business

Temperatures may reach 64 today, with snow possible on Friday

Locker said. "Alpena didn't get any lake effect snow because of the ice cover in the lake". Winds are still a bit breezy too. Expect spotty snow showers or flurries, especially in the snowbelt. The mostly sunny skies won't stick around for very long, though, as showers are likely after 2 p.m. on Sunday . And along with that snow, of course, comes some chilly temperatures.

Business

Winter and spring clash, bringing rain and snow to West Michigan

A warm front connected with this system will move across Newfoundland, starting as snow , changing to ice pellets and freezing rain, then to rain early Thursday . Minor ice accumulations are also possible. Chance for precipitation is 20 percent. Northeast winds 5 to 15 in the morning becoming southeasterly in the afternoon .

Business

'Quick Hitting,' Quick Melting Snowstorm Predicted for Morning Commute

Westerly wind 10 to 20 miles per hour. The NWS is advising residents to consider adjusting travel plans around the storm, which is expected to start overnight with a rain/snow mix, so ice accumulations are possible for early morning commuters.

Business

Amazoncom Inc. (NASDAQ:AMZN): All You Need Is Growth?

The president also reportedly argued that Amazon is benefiting from low taxes on online retail and from the U.S. Postal Service that offers quick and low cost deliveries to millions across the U.S. The company has become a major player in cloud computing and streaming video, and has used its research in artificial intelligence to launch a popular line of devices powered by its digital assistant Alexa.