Under the engine cover is the same 8.0-liter, quad-turbo W16 as the Chiron , but it's had the wick turned up to produce 1,600 horsepower. That was liberating. The newly developed, complex and very narrow headlamps with integrated LED daytime running lights provide the flawless match. The otherwise dominant Bugatti line, the C line on the B pillar, gives way to a new design Significantly smaller t... [Full Article...]
Brent crude was up 68 cents, or 1.2 per cent, at $58.91 a barrel at 0650 GMT (12:20 pm in India), after falling 2.1 per cent on Thursday and 3 per cent the previous day. China reported a surprise drop in industrial output growth to a more than 17-year low. "Saudi Arabia tells OPEC it cut July crude output to 9.58 mbpd, down 202,000 bpd m/m". [Full Article...]
USA shoppers increased their spending in July, the Commerce Department said Thursday, with retail sales, a measure of purchases at stores, restaurants and online, climbing a seasonally adjusted 0.7% from a month earlier. "What you're seeing really is what's been driving the market the last couple of weeks: Trade tensions as well as yield curve stress", said Lindsey Bell, investment strategist ... [Full Article...]
The Dow Jones Industrial Average fell 3.1 percent to finish at 25,479.42, a loss of about 800 points - its worst day of 2019. The S&P 500 index, which analysts consider the benchmark for stock assessment, fell 2.75%. " We are winning, big time, against China , " President Trump continued. China's Foreign Ministry said Thursday it "hopes the USA side will meet China halfway, and implement t... [Full Article...]
Hong Kong is bracing for another long weekend of protests following dramatic scenes earlier this week when demonstrators forced the closure of the financial hub's global airport. Government critics say that is being eroded by Hong Kong leaders and the Communist Party. "This is regrettable as we have always made safety and security our highest priority", Mr Slosar said in a press statement. [Full Article...]
However, even the future growth in employment is uncertain. "That in turn suggests that stronger wage growth is unlikely in the foreseeable future". Total unemployment increased by 800 people to 712,900. One of the surveys that is closely watched comes from employment website Seek. Seasonally adjusted monthly hours worked in all jobs increased by 8.8 million hours - 0.5 per cent - in July to 1... [Full Article...]
In response to weak equipment demand, in May, Deere had announced a 20% production cut at its factories in IL and Iowa. The cost control measures are estimated to result in $25 million in savings this year and will be a centerpiece of its strategy over the next three years, the company told analysts on an earning call. [Full Article...]
Smokers would have a hard time overlooking the graphic images displayed on cigarette packages if federal health officials have their way. Warning labels on cigarette packages could soon be more graphic, warning that "Smoking reduces blood flow to the limbs, which can require amputation", and "Smoking causes bladder cancer, which can lead to bloody urine". [Full Article...]
Under the engine cover is the same 8.0-liter, quad-turbo W16 as the Chiron , but it's had the wick turned up to produce 1,600 horsepower. That was liberating. The newly developed, complex and very narrow headlamps with integrated LED daytime running lights provide the flawless match. The otherwise dominant Bugatti line, the C line on the B pillar, gives way to a new design Significantly smaller t... [Full Article...]
Brent crude was up 68 cents, or 1.2 per cent, at $58.91 a barrel at 0650 GMT (12:20 pm in India), after falling 2.1 per cent on Thursday and 3 per cent the previous day. China reported a surprise drop in industrial output growth to a more than 17-year low. "Saudi Arabia tells OPEC it cut July crude output to 9.58 mbpd, down 202,000 bpd m/m". [Full Article...]
USA shoppers increased their spending in July, the Commerce Department said Thursday, with retail sales, a measure of purchases at stores, restaurants and online, climbing a seasonally adjusted 0.7% from a month earlier. "What you're seeing really is what's been driving the market the last couple of weeks: Trade tensions as well as yield curve stress", said Lindsey Bell, investment strategist ... [Full Article...]
The Dow Jones Industrial Average fell 3.1 percent to finish at 25,479.42, a loss of about 800 points - its worst day of 2019. The S&P 500 index, which analysts consider the benchmark for stock assessment, fell 2.75%. " We are winning, big time, against China , " President Trump continued. China's Foreign Ministry said Thursday it "hopes the USA side will meet China halfway, and implement t... [Full Article...]
Hong Kong is bracing for another long weekend of protests following dramatic scenes earlier this week when demonstrators forced the closure of the financial hub's global airport. Government critics say that is being eroded by Hong Kong leaders and the Communist Party. "This is regrettable as we have always made safety and security our highest priority", Mr Slosar said in a press statement. [Full Article...]
However, even the future growth in employment is uncertain. "That in turn suggests that stronger wage growth is unlikely in the foreseeable future". Total unemployment increased by 800 people to 712,900. One of the surveys that is closely watched comes from employment website Seek. Seasonally adjusted monthly hours worked in all jobs increased by 8.8 million hours - 0.5 per cent - in July to 1... [Full Article...]
In response to weak equipment demand, in May, Deere had announced a 20% production cut at its factories in IL and Iowa. The cost control measures are estimated to result in $25 million in savings this year and will be a centerpiece of its strategy over the next three years, the company told analysts on an earning call. [Full Article...]
Smokers would have a hard time overlooking the graphic images displayed on cigarette packages if federal health officials have their way. Warning labels on cigarette packages could soon be more graphic, warning that "Smoking reduces blood flow to the limbs, which can require amputation", and "Smoking causes bladder cancer, which can lead to bloody urine". [Full Article...]