newszine

Trump, Powell met Monday at White House to discuss economy

16 hours ago NAMEX Comments Off on Trump, Powell met Monday at White House to discuss economy
WASHINGTON (Reuters) – U.S. President Donald Trump and Federal Reserve Chair Jerome Powell met at the White House on Monday morning, their second meeting since Powell started the job in February 2017 and soon after became the target of frequent criticism from the president who had appointed him. FILE PHOTO: U.S. President Donald Trump gestures Read More

All eyes on OPEC as another oil glut looms

20 hours ago NAMEX Comments Off on All eyes on OPEC as another oil glut looms
As its semi-annual meeting nears, OPEC is facing increasing pressure to deepen its output cuts or face the possibility of much lower oil prices. Global oil supply could continue to rise at a rapid pace in 2020, surpassing the increase in demand. According to new figures from the International Energy Agency (IEA), non-OPEC supply could Read More

Emirates announces $16 billion order for 50 Airbus A350 planes

23 hours ago NAMEX Comments Off on Emirates announces $16 billion order for 50 Airbus A350 planes
FILE PHOTO: An Airbus A350 takes off at the aircraft builder’s headquarters in Colomiers near Toulouse, France, September 27, 2019. REUTERS/Regis Duvignau DUBAI (Reuters) – Dubai state-owned airline Emirates said on Monday it had placed a firm order for 50 Airbus (AIR.PA) A350 jets worth $16 billion at list prices. “Together with the A380, the Read More

Parts with passports: how free trade drives GM’s engines

23 hours ago NAMEX Comments Off on Parts with passports: how free trade drives GM’s engines
ROMULUS, Mich. (Reuters) – Long before the pistons for General Motors Co V-6 engines reach the U.S. No. 1 automaker’s Romulus, Michigan plant, they are seasoned international travelers. A partially assembled V6 engine, used in a variety of General Motors cars, trucks and crossovers, moves down the assembly line at the GM Romulus Powertrain plant Read More

Gwyneth Paltrow’s poop-obsessed Goop is selling toilet paper ‘with a conscience’ for $34

1 day ago NAMEX Comments Off on Gwyneth Paltrow’s poop-obsessed Goop is selling toilet paper ‘with a conscience’ for $34
The Hollywood movie star Gwyneth Paltrow’s lifestyle website Goop has released its annual holiday gift guide, which includes a six-figure tree house, a $425 pair of gold handcuffs and a 24-roll pack “essential bamboo toilet roll.” The “No. 2” toilet roll which is available for $34 was described as bog roll “with a conscience” because Read More

Made in China: Samsung farms out more phones to fend off rivals

1 day ago NAMEX Comments Off on Made in China: Samsung farms out more phones to fend off rivals
SEOUL (Reuters) – Samsung’s plan to outsource a fifth of its smartphone production to China next year may help it compete with low-cost rivals such as Huawei and Xiaomi but it’s a strategy fraught with risks, people with familiar with the move said. Samsung Electronic’s Galaxy A90 is seen on display at a Samsung store Read More

Wall St Week Ahead-RPT-Sagging consumer discretionary shares look for a spark

2 days ago NAMEX Comments Off on Wall St Week Ahead-RPT-Sagging consumer discretionary shares look for a spark
(Repeat of item initially transmitted on Friday, Nov. 15) By Chuck Mikolajczak NEW YORK, Nov 15 (Reuters) – The strength of the U.S. consumer has been often cited as a pillar of the economy and one of the reasons the S&P 500 has recently scaled new heights, but consumer discretionary stocks have skipped the party Read More

Hong Kong police officer shot with arrow, protesters set fires as Chinese troops appear to clean streets

2 days ago NAMEX Comments Off on Hong Kong police officer shot with arrow, protesters set fires as Chinese troops appear to clean streets
As clashes continue to bring chaos to the streets of Hong Kong, with protesters setting fires and slinging arrows, Chinese soldiers were seen arming themselves with brooms over the weekend for the massive cleanup of debris from city streets. A police officer in Hong Kong was struck in the leg with an arrow on Sunday as Read More

Marc Thiessen: Evils of socialism must be taught to young people

2 days ago NAMEX Comments Off on Marc Thiessen: Evils of socialism must be taught to young people
Thirty years after the fall of the Berlin Wall, the world has changed for the better in almost every respect. Since 1989, the number of people living in democracies has nearly doubled from 2.3 billion to 4.1 billion – and now makes up more than half the people on Earth. Of those remaining in an autocracy, Read More

Amazon takes large step forward to shelter Seattle’s homeless families

2 days ago NAMEX Comments Off on Amazon takes large step forward to shelter Seattle’s homeless families
Amazon has opened its doors to Seattle homelessfamilies in need by investing in Mary’s Place. Program manager Mary Hartman founded Mary’s Place 20 years ago as a day center for unsheltered women. In the spring of 2020, Mary’s Place is set to open a state-of-the-art shelter — the largest dedicated permanent shelter for families — designed for Read More