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USA stocks slide, U.S. dollar strengthens, over Turkey worries

USA stocks slide, U.S. dollar strengthens, over Turkey worries

In response, the USA sanctioned two Turkish ministers and Trump on Friday announced it was doubling the tariffs on steel and aluminum imports from Turkey , saying relations with Ankara were "not good at this time". "You are exchanging your strategic partner in North Atlantic Treaty Organisation for a priest". He had also said that dollars, euros and gold were now 'the bullets, cannonballs and missiles of the economic war being waged against our country'.


Pound Slips to Lowest Since November Versus Euro on No-Deal Fear

Pound Slips to Lowest Since November Versus Euro on No-Deal Fear

Prime Minister Theresa May has said Britain will leave the EU's customs union, allowing the country to forge its own trade deals around the world. Sterling tumbled against the euro, dollar yen and Swiss franc. "Some are thinking in the market that the BoE raised in order to given them ammunition to cut rates in the face of a no- deal", said Neil Jones, head of hedge fund FX sales at Mizuho Bank.


Elon Musk says Saudis back Tesla buyout

Elon Musk says Saudis back Tesla buyout

While Tesla CEO Elon Musk teased last week about taking the company private , several suitors may have already been courting the electric vehicle giant months ago. The Saudi wealth fund's current stake in the company is valued at about $2 billion. The fund has not yet made any concrete plans with Tesla on increasing its stake, sources told Bloomberg , but talks are ongoing, and continued investment in the company is seen as a strategic step toward diversifying the Saudi economy ...


Doug Field, former Tesla engineering chief, returns to Apple

Doug Field, former Tesla engineering chief, returns to Apple

In his return to Apple , Field will work with Bob Mansfield, who now leads the company's self-driving auto technology program. Field returning suggests that under Mansfield's leadership, the Titan project has regained its footing'. The company has also received permission from the State of California to conduct on-road autonomous testing of 66 vehicles. The following year, Tesla struck back, recruiting software developer Chris Lattner, one of the creators of Apple's Swift programming ...


Mexico says

Mexico says "very close" on NAFTA issues with the U.S.

Guajardo stressed that the most hard issues had been left to the end, including the USA demand that NAFTA be approved every 5 years, a provision known as a sunset clause. Speaking as he left a meeting with the US trade team in Washington , Ildefonso Guajardo said the return of Canada, the third country in the trillion dollar trade zone, would depend on solving bilateral elements in "the next few days or weeks".


Seattle Airport Employee Takes Off In Stolen Plane, Crashes Nearby

Seattle Airport Employee Takes Off In Stolen Plane, Crashes Nearby

Pilots kept plane out of harm's way and people on ground safe", the sheriff said on Twitter. According to the statement , family members said they were devasted by the events and that "Jesus is truly the only one holding this family together right now".