Markets
Trump to lift steel, aluminum tariffs on Canada and Mexico
But both Canada and Mexico, neighbors and close USA allies, had bristled at being labeled national security dangers and rejected that demand. The Trump Administration argued the tariffs were needed because Canadian steel and aluminium presented a security threat to the USA, an allegation Foreign Affairs Minister Chrystia Freeland called "absurd". [Full Article...]
FDA recalls tattoo inks because they’re contaminated with bacteria
If you have experienced symptoms of infection or an injury from a tattoo , contact a healthcare professional and inform their tattoo artist. Six kinds of tattoo inks were recalled Wednesday after recent inspections found bacteria that could be harmful human health. [Full Article...]
Walmart To Increase Prices As US-China Trade War Continues
That's who we are. "However, increased tariffs will lead to increased prices, we believe, for our customers". He said Walmart's merchant teams have been developing strategies to mitigate cost increases and are working with its suppliers to manage prices. [Full Article...]
Taco Bell is opening a themed resort in Palm Springs
The new hotel, which will open in Palm Springs on August 9, "reimagines what a hotel stay can be", according to a company news release. Taco Bell has a summer getaway plan for its biggest fans, as it plans to open a Palm Springs hotel where seemingly every detail is based on the brand. [Full Article...]
Amazon is backing Uber Eats rival Deliveroo in the UK
The news of Amazon's entrance into the food delivery market hurt rivals, with Just Eat the biggest faller on the FTSE 100 on Friday morning, down nearly 7%. Deliveroo would be better able to compete with rivals such as Uber Eats and DoorDash thanks to the funding injection, a Thursday report from Sky News pointed out. [Full Article...]
It’s Official: MTN Lists Shares in Nigerian Stock Exchange
The listing will automatically increase the aggregate market value of all quoted equities at the NSE from the opening value of N10.627 trillion to N12.463 trillion. MTN Nigeria had in 2016 appointed an advisory team and set out a roadmap towards listing on the Nigerian Stock Exchange (NSE) in 2017. Chairman of MTN Nigeria , Dr Paschal Dozie, led the Chief Executive Officer (CEO), Mr Ferdi Mool... [Full Article...]
The Binance return: $1.2 million for its patient users
After the $40 million hack last week , Binance has finally resumed withdrawals and deposits. Following the upgrade, Binance published an update saying that trading will recommence at 13:00 UTC. Perhaps predictably, that outreach program will involve Binance's much-promoted in-house token, Binance Coin (BNB), which itself jumped 7 percent following the announcement. [Full Article...]