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Iran is now India's third largest supplier, after Iraq and Saudi Arabia . European allies will reluctantly go along to avoid sanctions on their companies that do business in the USA, said Jim Krane, an energy and geopolitics expert at Rice University.
  • Trump feels personally betrayed by Harley’s decision to avoid tariffs

    Trump feels personally betrayed by Harley’s decision to avoid tariffs

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    Trump tweeted early Tuesday . In late April, Harley said Trump's metal tariffs would inflate its costs by $15 million to $20 million this year on top of already rising raw material prices that it expected at the start of the year. The completion of this study could logistically provide Trump with a means to unilaterally impose tariffs on automobiles manufactured in Europe and shipped to the United States, potentially driving up the costs on cars made in Germany, for example.
  • China: US Investment Restriction May Include Export Controls

    China: US Investment Restriction May Include Export Controls

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    Speaking at a press conference Tuesday, China's foreign ministry spokesman said communication with the U.S.is developing despite trade tensions. President Xi Jinping's government has no plan to retaliate against USA companies operating in China because that would run counter to Beijing's goal of attracting foreign investment, the newspaper reported, citing two Chinese government sources.
  • Turkey resumes arrests of suspected Gulen supporters hours after election

    Turkey resumes arrests of suspected Gulen supporters hours after election

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    Speaking early Monday, Supreme Election Council head Sadi Guven said 97.7 percent of votes had been counted and declared Erdogan the victor. The voting marked the first time Turkish voters cast their ballots in simultaneous presidential and parliamentary elections, in line with the constitutional changes approved in a referendum past year that will transform the country's parliamentary system to an executive presidential one.
  • What if they gave a trade war and nobody came?

    What if they gave a trade war and nobody came?

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    The administration refuted those reports earlier this week and senior administration officials told FOX Business on Wednesday that, by that time, the president had settled on the "CFIUS-plus" strategy. Last week, Trump called members of Congress to the White House to stop them from interfering with his plan to save 70,000 Chinese tech jobs at communications equipment firm ZTE put at risk by USA sanctions.
  • Donald Trump attacks Harley-Davidson: 'We won't forget'

    Donald Trump attacks Harley-Davidson: 'We won't forget'

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    Trump says in tweets Tuesday that the company had already announced it was closing a Kansas City plant. Harley-Davidson has denied a link between Kansas City and Thailand. "If they move , watch, it will be the beginning of the end - they surrendered, they quit!" Trump himself once said, "Harley-Davidson is a true American icon, one of the greats".
  • Revenue Growth Analysis of Harley-Davidson Inc (NYSE:HOG)

    Revenue Growth Analysis of Harley-Davidson Inc (NYSE:HOG)

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    While talking about Performance of the Stock, Harley-Davidson inc now has a Weekly performance of 3.12%, monthly performance percentage is 7.03 percent, Quarterly performance is 5.55 percent, 6 months performance shows a percent value of -11.56% and Yearly Performance is -17.71 percent.
  • USA may use emergency law against China investments, says Bloomberg

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    China, also affected by U.S. steel tariffs, has denounced Trump's approach as "extreme pressure and blackmail", warning that it would "take strong, powerful countermeasures" if the president enacted his threats. "Businesses are becoming increasingly cautious". A sell-off in North American stock markets intensified on Monday afternoon, led by a decline in technology stocks, after reports that USA officials were in the process of introducing restrictions that would block Chinese companies ...
  • Iran bans 1,300 imports as economic protest shuts shops in Tehran

    Iran bans 1,300 imports as economic protest shuts shops in Tehran

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    We can not continue our businesses like this. "But we are not against the regime", said a merchant, who asked not to be identified. Iran is to ban the import of more than 1,300 products amid fears about the impact of USA sanctions. Videos posted to social media showed protesters chanting: " Death to Palestine ", "No to Gaza, no to Lebanon" and "Leave Syria and think of us". Rouhani's government has struggled with the economic problems, including high unemployment.
  • Stung by tariffs, Harley Davidson shifts some production overseas

    Stung by tariffs, Harley Davidson shifts some production overseas

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    The maker of the iconic American motorcycle said in a regulatory filing Monday that European Union tariffs on its motorcycles exported from the USA jumped between 6 percent and 31 percent, which translates into an additional, incremental cost of about $2,200 per average motorcycle exported from the U.S.to the EU.
  • Turkey's main opposition candidate concedes election but warns of '1-man regime'

    Turkey's main opposition candidate concedes election but warns of '1-man regime'

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    State media also reported on Sunday that Erdogan's AK Party holds 43 percent, while the opposition party holds 23 percent of the vote, with 96 percent of the total vote counted. "The message is clear", he said. In his victory speech, Erdogan set a goal of making Turkey one of the world's top 10 economies by 2023, the 100 anniversary of the Turkish republic.
  • Uber argues it should remain in business in London

    Uber argues it should remain in business in London

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    The company's appeal began on Monday after Transport for London (TfL) decided not to renew its operator licence in September a year ago over concerns for public safety and security. The GMB trade union said that Uber needed to demonstrate that it had adopted "real change" in its approach to passenger safety in order to win back its license.
  • OPEC agrees to increase oil production - 6/22/2018 8:45:23 AM

    OPEC agrees to increase oil production - 6/22/2018 8:45:23 AM

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    Saudi Arabia and Russian Federation have been pushing for the increase but a hard meeting was expected today after Iranian Oil Minister Bijan Zanganeh said on Thursday he did not think an agreement could be reached. While Saudi Arabia's cutting by more than required has helped Opec's compliance, involuntary reductions in Venezuela amid economic crisis and in Angola due to natural decline have had a larger impact and can not be reversed at short notice.
  • OPEC Agrees to Boost Oil Output

    OPEC Agrees to Boost Oil Output

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    Consumers can rest assured that "their energy supplies are available, are being stewarded by a responsible group of producers". "Hope OPEC will increase output substantially". The crash in oil prices since mid-2014 has virtually dried up investments, which peaked at $900bn in early 2014. OPEC's deal to release more supply centers on the idea of returning to 100 percent compliance with existing, agreed cuts.
  • KGNS Today celebrates

    KGNS Today celebrates "Bring Your Pet to Work Day"

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    Dogs in the workplace provide more social support for employees, as well as more opportunities for coworkers to interact in a positive setting, according to a number of studies. "Ensure your office space is pet friendly with a separate space close to you for your dog, make sure there is nowhere they can fall down or escape, and check with your colleagues that they are willing to have a dog in the space", Amanda said .