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Ford abandons plan to import compact vehicle due to tariffs

Ford abandons plan to import compact vehicle due to tariffs

The automaker announced the decision on Friday, saying that the previously imposed tariffs on Chinese products - and the prospect of more in the future - are likely to hit the company's bottom line. It's already being sold in China and Europe . The company says the Fiesta will continue into 2019 and the Fusion will also last at least a couple more years.As we reported this week, Moody's Investor Services downgraded Ford's rating to just above junk status and gave the company's stock a ... Consulte Mais Informação

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London Crossrail opening delayed until autumn 2019

London Crossrail opening delayed until autumn 2019

A July update on the scheme said the budget was running at 15.4 billion pounds ($20 billion, 17 billion euros). He also added that they are keen for all stations on the 13 mile route to be functioning when the line opens. The Government has provided a grant of £4.9 billion to Crossrail Limited. The delay is due to extra time needed to complete the "final infrastructure and extensive testing" required ahead of the launch. Consulte Mais Informação

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Watchdog provisionally clears SSE-Npower merger

Watchdog provisionally clears SSE-Npower merger

Despite concerns that the merger will narrow choice for consumers, the CMA points out that there are now over 70 providers in the United Kingdom energy market, with levels of switching at their highest in a decade. There had been initial concerns that the proposed merger would affect these tariffs - the most common and expensive energy deals. In particular, how it would impact people who pay the more expensive standard variable prices. Consulte Mais Informação

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Argentina spikes key interest rate as its currency plunges

Argentina spikes key interest rate as its currency plunges

Argentina's central bank sold $200 million of its reserves in two currency auctions on Tuesday aimed at stabilizing the peso , which nonetheless weakened to a record close of 31.50 per dollar . 30, 2018. Macri said that in the past week there have been "expressions of a lack of trust in the markets" about Argentina. Macri said in a televised address that Argentina has agreed with the IMF "to advance all necessary funds to guarantee compliance with next year's financial program". Consulte Mais Informação

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Australia, Indonesia free trade deal close

Australia, Indonesia free trade deal close

New Prime Minister Scott Morrison will address a business breakfast in Jakarta on Saturday, a day after agreeing to conclude negotiations on a trade deal. The Comprehensive Strategic Partnership declaration will "highlight five pillars": the economy, security cooperation including cyber security and combating terrorism, maritime cooperation, people-to-people contact and regional cooperation. Consulte Mais Informação

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Chicago Board Options Exchange Plans To Launch Ethereum Futures

Chicago Board Options Exchange Plans To Launch Ethereum Futures

Cboe is one of the world's largest futures and exchange trading marketplaces. The current market cap of Ethereum (ETH) is $30.25 billion and its trading volume over the past twenty-four hours is $1.56 billion. There is no exact date for the launch yet, but Ethereum's fans have responded positively to the news despite not having the same immediate hyper-enthusiasm as when the announcement of the Bitcoin futures launch came out. Consulte Mais Informação

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Trump freezes federal worker pay, citing 'serious economic conditions'

Trump freezes federal worker pay, citing 'serious economic conditions'

In doing away with the 2.1 percent across-the-board pay increase that was scheduled to take effect in January, Trump said he was working "put our Nation on a fiscally sustainable course". In July, the House effectively approved the proposal, although the Senate later passed a bill that includes a salary increase. The president says that federal employee pay should be based on performance and should not involve fixed pay increases. Consulte Mais Informação

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Drunk man urinates on woman passenger's seat in Air India

Drunk man urinates on woman passenger's seat in Air India

Minister of State for Civil Aviation Jayant Sinha on Saturday directed Air India to investigate an incident where a drunk passenger allegedly urinated on a woman's seat in a flight. She also has stated that apart from providing her mother with another chair, the airlines did not take any action. The incident came to light when a Twitter user said that a passenger had urinated on her mother's seat on a flight from NY to New Delhi . Consulte Mais Informação

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India's GDP growth surges over 8 percent, boost for Modi before election

India's GDP growth surges over 8 percent, boost for Modi before election

India became the globe´s sixth-biggest economy in 2017, pushing France into seventh place, according to figures released by the World Bank last month. The growth in the manufacturing sector is also broadly in line with shop-end sales, with vehicle sales reporting record growth numbers, aided by greater disposable income or expectations of higher income in the coming months. Consulte Mais Informação

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US and Mexico near deal that would set path for NAFTA revamp

US and Mexico near deal that would set path for NAFTA revamp

Under U.S. law, Trump must wait 90 days before signing the pact. Mexican President Enrique Peña Nieto was on speakerphone and says he hopes NAFTA partner Canada will eventually be incorporated into the deal. Mexico paved the way by agreeing to a NAFTA 2.0 with the United States on Monday. Trudeau spoke to Pena Nieto on Sunday and shared their commitment to reaching a successful conclusion of NAFTA "for all three parties" the prime minister's office said. Consulte Mais Informação

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Rupee Closes At All-Time Low Of 71 Against Dollar

Rupee Closes At All-Time Low Of 71 Against Dollar

India was buffeted by the turbulence of the Turkish financial crisis earlier this month, and an emerging market currency sell-off has continued in recent days . As early as in May this year, India's Petroleum Minister Dharmendra Pradhan pleaded for " stable and moderate " prices with Saudi Arabia's Energy Minister Khalid al-Falih, as Brent Crude prices briefly broke above $80 a barrel, sending gasoline and diesel prices in India surging to a five-year-high, also due to a weakening rupee ... Consulte Mais Informação

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