Business


China appeals for USA calm after new tariff threat

The USTR said it would extend a public comment period for the $US200bn list to 5 September from 30 August due to the possible tariff rate rise. Camuñez notes that the Trump administration has given mixed signals about how tough it's willing to be with China , and that has complicated efforts to resolve the conflict.


Apple Becomes First US Company to Reach $1 Trillion

Apple Becomes First US Company to Reach $1 Trillion

Kawasaki credits Cook for executing Jobs' vision. Recently, some of his older clients have bought Apple shares for their grandchildren. Let's keep in mind that Canada was established as a nation way back in 1867 and Apple has only been around since 1976 when co-founder Steve Jobs started running the company in his garage.


Bank of England raises interest rates to 0.75%

Bank of England raises interest rates to 0.75%

This affects 3.5 million households in the United Kingdom who are on a standard variable or tracker rate mortgage, meaning someone paying a £200,000 mortgage will pay around £300 extra a year - that's £25 more a month. "The proportion of respondents viewing the European Union and Brexit as one of the most important concerns facing the United Kingdom shot up from 46% to 58% in July, the highest reading in the history of the index which dates back to 1974".


Brent crude falls below $74 on US inventories, OPEC supply

Brent crude falls below $74 on US inventories, OPEC supply

Oil was steady near US$70 (RM284) a barrel as supply risks from Saudi Arabia to the United Kingdom threaten to strain global markets. Crude is poised for the biggest monthly loss in a year as simmering trade tensions between the USA and China pushed prices lower at a time when American shale output continues to surge.


What does interest rate rise mean for mortgages and savings?

What does interest rate rise mean for mortgages and savings?

It kept its oneyear rates unchanged at 8.95 per cent. Of those that did see a rise, it was not always the full 0.25%. Yorkshire Building Society - A spokeswoman for the Yorkshire said: 'We will take time to consider how to adjust our variable rate mortgage and saving accounts.


Chipotle Closes Ohio Location after Illness Reports

Chipotle Closes Ohio Location after Illness Reports

According to Business Insider , reports began to trickle in on the website I Was Poisoned on July 29 and 30 claiming that some customers had experienced nausea, abdominal pain, vomiting, and diarrhea after eating at the Chipotle location in question; as of this writing, 174 reports of illness have been posted to I Was Poisoned.