Markets


Iranian general warns broad response awaits any USA military move Iranian general warns broad response awaits any USA military move
- September 21, 2019

The U.S. military has no immediate plans to boost forces in the Mideast to counter Iran in response to the drone and missile attacks on Saudi oil facilities allegedly launched from Iranian territory, Pentagon officials said Thursday. Trump past year pulled out of a nuclear accord with Iran negotiated under former president Barack Obama, sending tensions soaring as he tried to stop all countries from buying Iran's oil. (more...)
Donald Trump hitting Iranian bank with 'highest sanctions ever'
- September 21, 2019

Mr. Trump dispatched Secretary of State Mike Pompeo to Saudi Arabia to coordinate a response to the blitz. Saudi Arabia took journalists on Friday to the site of a missile-and-drone strike on the kingdom's oil industry that shook global energy markets over the weekend, while Kuwait raised the security levels at its ports following the attack that the USA alleges Iran carried out. (more...)
UAW strike completely shuts down production at Oshawa GM plant UAW strike completely shuts down production at Oshawa GM plant
- September 20, 2019

The United Auto Workers' strike at GM's USA operations began on Monday, stopping work at more than 50 plants and warehouses, and ending the flow of parts and vehicles on which the North American auto industry depends. "We are closely monitoring the situation and remain hopeful that both sides will find an agreeable resolution soon", Rickerman said in a statement. (more...)
CannTrust's licence to produce and sell cannabis suspended by Health Canada CannTrust's licence to produce and sell cannabis suspended by Health Canada
- September 20, 2019

Health Canada said late Tuesday that in addition to delivering the notices to CannTrust , inspectors were "seizing and detaining all cannabis products" at the company's sites in Vaughan, Ont. "Health Canada may also determine that additional compliance and enforcement actions are warranted". CannTrust later voluntarily halted all sales and shipments of cannabis as Health Canada continued its probe into the matter. (more...)
United States vaping illnesses top 500, Missouri man is 8th death United States vaping illnesses top 500, Missouri man is 8th death
- September 20, 2019

At least 360 cases of severe lung disease in 36 states and one territory are being tracked by the Centers for Disease Control and Prevention. Some affected people used e-cigarette products with THC, while others used nicotine ones or those with both THC and nicotine. (more...)
India cuts corporate taxes to counter slowing growth India cuts corporate taxes to counter slowing growth
- September 20, 2019

India's government unveiled a United States dollars 20 billion plan that entails cutting tax on businesses to one of the lowest in Asia and supplements the central bank's interest-rate reductions to bolster economic growth from a six-year-low. (more...)
United States 'locked and loaded' to respond to attacks United States 'locked and loaded' to respond to attacks
- September 20, 2019

By 0940 GMT, the contract was at $65.77, up $5.55 or 8.4%. Wherever the attacks were launched, however, they believe Iran is to blame. The contract was later at $59.54, up $4.69 or 7.88%. Jon Alterman, the chief Middle East expert at the Center for Strategic and International Studies, said the Saudi caution reflects the kingdom's wariness of taking on Iran. (more...)
US military to present several options to Trump on Iran US military to present several options to Trump on Iran
- September 20, 2019

Pompeo headed to the UAE on Thursday for talks with Abu Dhabi's crown prince after meeting Saudi Arabia's de facto ruler Crown Prince Mohammed on Wednesday. "As of this time, all indications we have are that Iran is in some way responsible for the attack on the Saudi oil refineries", he told reporters. In some ways, Trump's actions have borne this Iranian strategy out; after Iran struck tankers and shot down a us drone in June, for instance, Trump merely zeroed in on Iran's nuclear and ... (more...)
Honda CRV Facelift debuts with new features - Photos, Details Honda CRV Facelift debuts with new features - Photos, Details
- September 20, 2019

It leads Honda's plan to electrify the brand's light trucks, and beyond that the carmaker is moving "to apply its advanced two-motor hybrid-electric system to all of its core US models in the years ahead". The 1.5-liter turbo-4 makes 190 hp and was EPA-rated in the low-30s combined previous year, which was already near the top among compact crossovers for efficiency. (more...)
Government intervenes in £4bn Cobham takeover on ‘national security grounds’ Government intervenes in £4bn Cobham takeover on ‘national security grounds’
- September 20, 2019

In a rare move, Andrea Leadsom, the business secretary, has instructed the Competition and Markets Authority to investigate the takeover of Cobham , a world leader in systems for planes to refuel in mid-air, by Advent International. United Kingdom government interventions on national security grounds are rare. Lockwood said that he had already held some discussions with government officials about the takeover, but would not go into details. (more...)
Festival bonanza from FM: Corporation tax rate slashed to boost investments Festival bonanza from FM: Corporation tax rate slashed to boost investments
- September 20, 2019

The government last month announced the merger of 10 public sector banks (PSBs) into four strong lenders with countrywide networks and global reach to boost credit and revive economic growth in the nation's bid to become a five trillion dollar economy in the next five years. (more...)
FDA finds impurity in popular heartburn medicine Zantac that could cause cancer FDA finds impurity in popular heartburn medicine Zantac that could cause cancer
- September 20, 2019

Over-the-counter ranitidine is approved to prevent and relieve heartburn associated with acid indigestion and sour stomach. The FDA announced last Friday that some ranitidine medicines, which includes Zantac, contain low levels of N-Nitrosodimethylamine ( NDMA ) which is classified as a probable human carcinogen. (more...)
Apple fights $14.3bn tax bill in EU court Apple fights $14.3bn tax bill in EU court
- September 20, 2019

Counting all unpaid taxes over this era, plus pursuits, the company ordered Apple to pay $14.three billion in again taxes to the Irish authorities. At the start of two days of hearings at the EU's General Court on Tuesday, Apple accused the commission of using its powers to combat state aid "to retrofit changes to national law" - in effect trying to change the global tax system and in the process creating legal uncertainty for businesses. (more...)
Roku’s new Ultra streaming box is faster and adds custom app shortcuts Roku’s new Ultra streaming box is faster and adds custom app shortcuts
- September 20, 2019

A Walmart version of the Express had that option, but it apparently wasn't selling well enough. The updated $30 Roku Express is 10 percent smaller than the previous version, and can be powered by your TV; no need to plug into an outlet. (more...)
Saudi authorities may delay Aramco's IPO after attack Saudi