When Federal Reserve officials meet this week, they are expected to clear the way for a July interest rate cut by downgrading their economic forecast, tweaking the language in their statement and reducing their interest rate forecasts. The Fed is expected to remove the word “patient” from its statement, signaling that it is ready to […] Read more
Universal’s newest Harry Potter ride, Hagrid’s Magical Creatures Motorbike, opens Thursday in Orlando, Florida. Within an hour of debuting, the ride has a 10-hour wait. The $300 million investment from Universal takes parkgoers on a mile-long journey through the infamous Forbidden Forest on Hagrid’s iconic motorbike. “Developing your blog is a balancing act between appeasing […] Read more
The lawsuit alleges National Beverage President Joseph Caporella fired an employee who objected to false statements about the chemicals in LaCroix cans. National Beverage said, “false statements were made in litigation brought by a former employee seeking to extract a monetary recovery from the company. We intend to vigorously defend our company and our brands […] Read more
French Finance and Economy Minister Bruno Le Maire has said the country has a strategy to reinforce a fragile alliance between Renault and Nissan. “What is at the heart of this strategy is the reinforcement of the alliance between Renault and Nissan” Le Maire told CNBC on Sunday. “Then we will see if consolidation is […] Read more
By Laurence Frost PARIS (Reuters) – Fiat Chrysler said on Wednesday it was withdrawing its $35 billion (£28 billion) merger offer for Renault, blaming French politics for scuttling what would have been a landmark deal to create the world’s third-biggest automaker. A source close to the French carmaker’s board said Fiat Chrysler made the move […] Read more
Egypt is an important future destination for investments and its market has always been the most important among Arab Markets. The most important question these days and the most discussed; Where is Egypt heading economically in the accounts of Arab and foreign investors? The Lebanese businessman Ghais Makhlouf, the Chief Executive and Chairman of the […] Read more
People who use dating apps are more likely to have eating disorders, abuse laxatives or use other unhealthy weight management practices than people who don’t date online, Harvard researchers found in a new study published Friday in the Journal of Eating Disorders. The study, which surveyed more than 1,700 U.S. adults between the ages of […] Read more
“We advise the U.S. side not to underestimate the Chinese side’s ability to safeguard its development rights and interests. Don’t say we didn’t warn you!” the People’s Daily said in a commentary titled “United States, don’t underestimate China’s ability to strike back.” The phrase “Don’t say we didn’t warn you” has been used by the […] Read more
Fiat Chrysler has made a “transformative” merger proposal to Renault in a deal that would create the world’s third biggest carmaker. The plan, finalised in overnight talks with Renault, was being discussed at a meeting of the French group’s board early on Monday, and sent shares in both companies sharply higher. The deal would create […] Read more
British Prime Minister Theresa May is once more fighting for her political survival, after the resignation of one of her most senior cabinet ministers in protest against her Brexit strategy. The leader of the House of Commons Andrea Leadsom quit over May’s suggestion that MPs should have a vote on whether to hold a second […] Read more
