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Trade war worries whack Wall Street and European markets. We're next!

Trade war worries whack Wall Street and European markets. We're next!

China has also announced a tit-for-tat scheme of tariffs targeting USA imports. The U.S. Treasury Department was drafting curbs that would block firms with at least 25 percent Chinese ownership from buying U.S. CFIUS reviews-or the threat of reviews-have largely halted Chinese purchases of USA semiconductor companies. A survey released last week by the European Union Chamber of Commerce in China showed that a slim majority of members thought foreign-invested companies are treated ... Consulte Mais Informação

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Harley-Davidson moves some work from U.S. due to tariffs

Harley-Davidson moves some work from U.S. due to 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. Harley-Davidson sold 39,773 motorcycles in Europe in 2017, it said in its annual report . In order to offset the impact of retaliatory European Union tariffs , Harley-Davidson said it would be shifting some production overseas, but didn't specify where. Consulte Mais Informação

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Which Way Traders Signposts Harley-Davidson, Inc. (HOG), 3M Company (MMM) Stocks?

Which Way Traders Signposts Harley-Davidson, Inc. (HOG), 3M Company (MMM) Stocks?

Many analysts are providing their Estimated Earnings analysis for Harley-Davidson inc and for the current quarter 13 analysts have projected that the stock could give an Average Earnings estimate of $1.35/share. Bernstein maintained the stock with "Hold" rating in Monday, March 26 report. Other hedge funds have also made changes to their positions in the company. Consulte Mais Informação

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We’re not bluffing about no-deal Brexit, says Fox

We’re not bluffing about no-deal Brexit, says Fox

John Neill, chief executive of Unipart, a vehicle parts supplier that employs 6000 people in Britain, told the Financial Times , that carmakers would "find it very difficult to survive in the long term" if May chose a hard Brexit . There are now just four months left for the outstanding issues - more than 20% of the document - to be agreed on before the October deadline for a Brexit deal. Consulte Mais Informação

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Trump lobs new threats against countries trading with the U.S.

The statement came after Commerce Secretary Wilbur Ross told US lawmakers that the administration was starting an investigation to determine whether foreign autos and auto parts threaten national security. "They scuff them up to make them sound old, or look old", Trump said. During his presidential campaign, Trump promised to apply tariffs because he said countries around the world had been exploiting the U.S. Consulte Mais Informação

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Harley-Davidson will move some production out of United States after retaliatory tariffs

Harley-Davidson will move some production out of United States after retaliatory tariffs

Harley-Davidson Inc. plans to shift some production of its iconic motorcycles out of the U.S.in response to retaliatory European Union tariffs, as President Donald Trump's trade war ripples back to American companies. Besides its US plants, Harley-Davidson maintains manufacturing facilities in Australia, Brazil, India and Thailand, according to its website. For that reason, Harley said it would absorb the additional costs. Consulte Mais Informação

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Brussels will stop recognising United Kingdom qualifications in no deal

Brussels will stop recognising United Kingdom qualifications in no deal

On the second anniversary of the UK's Brexit referendum, tens of thousands of pro-EU demonstrators marched to the British parliament in London on Saturday to demand a vote on the terms of the final Brexit deal. The most high profile sign of no confidence in May came from Airbus , which warned a no-deal Brexit could force it to quit the country, risking up to 100,000 jobs. Consulte Mais Informação

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9000 barrels of bourbon crash to ground after building collapse

9000 barrels of bourbon crash to ground after building collapse

No one was in the building when it collapsed, Spalding said . The Distillery team took proactive measures to access and contain the damage immediately. It is not clear what caused the collapse at 10:55am. "It was just a regular kind of morning with light rain, cloudy skies", Spalding said . The warehouse - a wooden structure with aluminum siding - stored about 20,000 barrels, Spalding said. Consulte Mais Informação

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Taiwan's Foxconn says biggest challenge is U.S.-China trade war

Taiwan's Foxconn says biggest challenge is U.S.-China trade war

The United States and China are Taiwan's top export markets. Earlier this month, USA watchdog China Labor Watch criticized Foxconn for what it described as harsh working conditions. The huge incentive package Foxconn is getting has also caused some controversy : Wisconsin will offer up to $3 billion in tax breaks to the Taiwanese company over 15 years, setting a new record for tax credits to a foreign company. Consulte Mais Informação

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Hungry rat shreds almost $18,000 worth of cash inside ATM

Hungry rat shreds almost $18,000 worth of cash inside ATM

The machine, in the town of Tinsukia, broke down on 20 May, but technicians did not arrive to fix it until 11 June. Police superintendent Mugdha Jyoti Mahanta said the rat entered the machine through a hole intended for cables. Most ATMs in India have a closed-circuit camera installed for enhanced security. Images showed an upended ATM filled with torn and shredded 500 and 2000 rupee bills. Consulte Mais Informação

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Bank of England votes 6-3 to hold base rate at 0.5%

Bank of England votes 6-3 to hold base rate at 0.5%

Treasury yields also were propped up by remarks from Federal Reserve Chairman Jerome Powell, who said on Wednesday that the US central bank should continue with a gradual pace of rate increases. However, the MPC looks to be standing firm on its desire to hike rates in August. The more positive news is that unemployment is at its lowest since 1975, the BoE says the economy is running near full capacity, retail sales have picked up and the longer-term direction for interest rates over the ... Consulte Mais Informação

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Greece's Creditors Are Said to Plan Post-Bailout Commitments

Greece's Creditors Are Said to Plan Post-Bailout Commitments

Eurozone nations have agreed on the final elements of a plan to get Greece out of its eight-year bailout programme and make its massive debt more manageable. Out of this amount, 5.5 billion will be disbursed to a segregated account, to be used for debt servicing and 9.5 billion will be disbursed to a dedicated account set up to build up cash buffers, to be used for debt service in case of needs. Consulte Mais Informação

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