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Mexico calls on Trump to improve bilateral ties

In the same report, Ford spokeswoman Christin Baker also said that the company agrees with the sentiments of Trump about uniting the country and they are looking forward to working together to support economic growth and jobs. The Mexican peso has seen even more turmoil. Mr Pena Nieto agreed to meet Mr Trump before he takes office in January and security issues will be on the agenda.

Business

Donald Trump delivers post-election victory speech

It might be a hard thought to accept, but Donald Trump is now in the White House. It's official: Donald Trump is now president-elect of the United States. To the rest of the world, Trump promised to "deal fairly with everyone, all people and all other nations" and to "seek common ground, not hostility".

Business

Asian shares dip, soaring US bond yields rattle emerging markets

Trump's election was unexpected, and investors were unprepared for it - the kind of event that economists liken to seeing a black swan for the first time - and it has caused stock markets to tumble from Mexico City to Seoul. Markets had favored Clinton as a status quo candidate who would be considered a safe pair of hands at home on the world stage. Trump's strong talk on trade also has left many in Asia deeply anxious.

Business

Indian bank shares plunge as new notes'stock ends

However, withdrawal from ATMs is limited to a maximum of Rs 2,000 per card in a day up to November 18, 2016. However, the limit will be raised to 4,000 rupees per day per card from 19th of November onwards. Companies including Trigger or SIS have been outsourced for cash in transit to various ATMs and Bank branches. An executive, wanted to check out if the ATMs were giving money as was announced by the banks.

Business

Investors Spotlight: America Movil S.A.B. de C.V.'s (AMX)

The company's last traded volume of 12.11 million shares as compared to it's an average volume of 4.68 million shares. The stock appeared -4.35% below its 52-week highs and is down -1.95% for the last five trades. As per Zacks survey of market experts, the average EPS estimate for Weight Watchers International Inc (NYSE:WTW) stands at $0.52 for the current quarter.

Business

Facebook thinks we are all dead

Talk about a grave social media mistake. "I think this is Facebook's way of flagging the people who died inside on Tuesday", read a tweet from @billkalpak, referring to Donald Trump's election as the next United States president. 'Personally I think the idea that fake news on Facebook , of which it's a very small amount of the content, influenced the election in any way is a pretty insane idea, ' said Zuckerberg, speaking Thursday night at the Techonomy conference in California.

Business

'Super-supermoon' will be bigger and brighter

It added that if the skies are clear, at around 6.52pm, the moon will appear 14 per cent bigger and 30pc brighter than a normal full moon. Basically when the full moon comes in the moon's perigee , which is the point in its orbit closest to Earth.

Business

FAA Implements No-Fly Zone over Trump Tower Through Inauguration Day

And those who work and live inside the President-elect's New York HQ will be vetted by the Secret Service, according to sources, Express reports. The FAA's restrictions will prevent planes from coming within a two nautical mile radius of its epicenter, Trump Tower, and will ban planes from flying lower than 3,000 feet.

Business

Pilots ordered to avoid flying over Trump Tower in NYC

The flight restriction is necessary for "VIP movement" around town, the agency said . Military aircraft, the Secret Service and emergency aircraft are exempt. A large group of demonstrators once again gathered outside Trump Tower on Fifth Avenue Thursday night. The Secret Service also will handle Trump's personal security.

Business

Long queues outside ATMs in different parts of country

Things will become normal gradually. "We are standing in queue for almost three hours but haven't moved even an inch", Vikas Sharan, an executive with a private firm, told IANS . "Some of them were shut and had a board outside stating that the "ATM is closed" and the ones that were opened did not have cash". "But since we could upload only Rs 2 lakh to Rs 4 lakh (Rs 100 denomination), many ATM counters ran dry before Friday noon".

Business

Banking stocks lift Dow Jones to record high

Morgan Private Bank. The Dow Jones industrial average gained 142 points, or 0.7 percent, to 18,731 shortly after the opening bell. The S&P 500 index fell 3.03 points, or 0.1 percent, to 2,164.45. President-elect Donald Trump might revive the Keystone XL pipeline. Shares in several phone companies also slumped. The Nasdaq 100 Index lost 1.6 percent.

Business

Warren Buffett Is Bullish on the Market

Its last 5-Year EPS growth stands at -10.90%; with earnings growth of -679.60% yoy. The decline in value is in line with the 23 percent drop in Wells Fargo's share price in that period, falling from $54.36 at the end of 2015 to $44.28 at the end of September.

Business

Pakistan becomes 104th country to ratify Paris climate deal

United Nations secretary-general Ban Ki-moon on Friday voiced confidence that Donald Trump will not seek to undo the Paris climate deal despite his campaign pledge to cancel the landmark agreement on combating global warming. Pakistan has played a leading role in the climate change negotiations. If the USA backs out of that, it might look to developing countries like a bait and switch.

Business

How it happened: Clinton wins popular vote but loses election

Mr Trump sought to give reassurance to global leaders about his intentions: "I want to tell the world community that, while we will always put America's interests first, we will deal fairly with everyone - all people and all other nations".

Business

White House Spokesman: Obama Still Believes Trump Unfit For Office

White House officials said that Obama and Trump discussed a range of issues including global hotspots and the president's meetings next week overseas with leaders from Germany, Greece and across the Asia-Pacific. The Republican president-elect, who will govern with Congress fully under his party's control, has vowed to repeal Mr Obama's signature healthcare law and dismantle the landmark nuclear accord with Iran.

Business

India, Japan ink controversial nuclear deal to import atomic technology

Abe also made a strong indication to Pakistan" The two Prime Ministers condemned terrorism in strongest terms in all its forms and manifestations in the spirit of Zero tolerance. The landmark Indo-Japan nuclear agreement is strikingly similar to atomic agreements India inked with the USA and most of the other countries, having provisions like "termination" clause, Jaishankar said.

Business

#NotMyPresident: Thousands protest over Trump win

Hundreds of high school students walked out of class in protest on Friday afternoon. "They need to talk about it", said SPS spokesperson Luke Duecy. "You know? Trump honestly just makes us realise how much hate and ignorance is left", a female student told the rally, monitored via the social media app Periscope.

Business

President Obama Makes Closing Argument: 'If We Win Florida, It's a Wrap'

Embarking on the final day of a furious campaign, Hillary Clinton tried Monday to at last emerge from the cloud of suspicion that has followed her campaign and close her historic bid with a call for elusive unity and hope. The inquiry involved material found on a computer belonging to Anthony Weiner, the disgraced former congressman and estranged husband of Huma Abedin, a longtime Clinton aide.

Business

Friendly stance causing some to publicly destroy their New Balance sneaks

LeBretton later clarified to Buzzfeed that the statement was meant to be taken exclusively in the context of trade, and with relation to the Trans-Pacific Partnership, specifically. "As the only major company that still makes athletic shoes in the United States, New Balance has a unique perspective on trade and trade policy in that we want to make more shoes in the United States, not less".

Business

Many sized up for Trump administration have Washington ties

Flynn and retired neurosurgeon Ben Carson were all named vice chairmen Friday after Christie was demoted. Jeff Sessions of Alabama. Given the dearth of hands-on Washington experience in the inner circle of President-elect Donald J. The governor was notably absent from the steady stream of advisers entering Trump's eponymous skyscraper in NY for meetings Friday. It was also gathered that his son-in-law, Jared Kushner, was included on the transition team and this is likely to make the ...

Business

Note exchange worth Rs 4000 only once

Long queues, heavy jostling and chaos followed as people thronged to banks to exchange notes. All banks and cash machines were ordered to close on Wednesday in preparation for the turnaround, triggering a late night rush by customers to withdraw smaller notes from ATMs which soon ran dry.

Business

How to spot a fake Rs 2000 currency note

Woes of Ghaziabad residents due to the scrapping of Rs 500 and Rs 1,000 currency notes persisted on Friday, as the ATMs of most banks displayed either "Out of Order" or "No Cash" boards, resulting in long queues outside bank branches. "The Finance Ministry is constantly monitoring the currency exchange", Jaitley said at a press conference after chairing an emergency meeting of senior government and RBI officials.

Business

Anti-Trump protest turns violent in Portland

Police in Portland , Oregon, say a person has been injured in a shooting on a Willamette (wil-AM'-it) River bridge during a protest of President-elect Donald Trump. The protesters say they are aware their words and actions can not reverse Tuesday's decision, but many said they want to raise awareness about their opposition to a campaign that included revelations about disparaging remarks Trump made regarding women and threats to build a wall between the United States and Mexico to keep ...

Business

Facebook error rectified, 'kills' 2 million users and Zuckerberg too:RIP Facebook

Th company claimed that an update to the feature's messaging accidentally pushed the notification to two million users. "For a brief period, a message meant for memorialized profiles was mistakenly posted to other accounts", a Facebook spokesperson told .

Business

Woman meets Clintons on a relaxing walk post elections

She was very warm and you know she asked me about my daughter obviously and where I was from and it was just very pleasant. "She couldn't have been any kinder or more welcoming", she said. "I mean I literally hike that trail nearly everyday", Gerster told CNN . "We were the only ones there and it was so lovely and relaxing", she wrote.

Business

Mexico stuns USMNT off Rafa Marquez's late victor

The U.S. has beaten Mexico 2-0 in four consecutive home qualifiers, all in Columbus , where the Americans are 8-0-3. They travel to face Costa Rica on Tuesday. The ground has become the spiritual home to the U.S. team since beating the Mexicans 2-0 back in 2001. "Maybe now they have a bad time, a time of intolerance and with this win maybe they can forget now a little bit what happened here in the United States ", said Marquez.

Business

US Markets Fall Steeply on Early Election Results

Trump managed to pull an upset over Democratic rival Hillary Clinton after winning several key battleground states, including Florida, Pennsylvania, and Ohio. France's Cac index and Germany's Dax both closed about 1.5% higher after erasing losses of more than 2%. The FTSE 100 index of leading British shares was 0.7 percent higher.

Business

Noren ahead in South Africa, Stenson falls 7 shots off lead

Noren made six birdies and one bogey for a five-under-par 67 to help him into the outright lead on -8 after the first two rounds in Sun City. Zanotti wrote himself into the Nedbank Golf Challenge history books during his second round 68 by becoming the first ever player to make a hole in one - a ideal seven iron from 210 yards on the par three fourth - in the event's 36-year history.

Business

Trump election 'may upset US-EU ties

Mr. Juncker, who was recently devastated by the British vote to leave his failing European Union, was quoted after speaking to students at a conference, where he said : "The election of Trump poses the risk of upsetting intercontinental relations in their foundation and in their structure".

Business

Obama administration acknowledges Pacific trade deal is dead

Peru's president wants to reforge a TPP deal replacing the U.S. with China and Russian Federation, as Obama's administration backs off the deal ahead of Donald Trump's presidency. Trump opposed the TPP throughout his campaign, prompting other Republicans to follow suit. The agreement had been meant to improve relations with companies in the region and reduce China's economic influence.

Business

For A Brief Moment, Facebook Accidentally 'Killed' Everyone

The message on affected profiles expressed hope that people who loved the user would take comfort in posts people had shared in tribute. Media reports indicated that some two million errant memorials were posted on profile pages. The problem seems to have been resolved by now, and Mark Zuckerberg as well as the other people are not dead on Facebook any more. "This was a bad error that we have now fixed", a Facebook spokesperson said.

Business

Why markets are loving Trump

Investors are also considering what a Trump presidency means for Federal Reserve policy and the trajectory of interest rates. Natural gas lost 6 cents, or 2.2 percent, to $2.63 per 1,000 cubic feet. The Dow climbed 190 points, or 1 percent, to 18,780 as of 1:23 p.m. Stocks are closing mostly higher on Wall Street as a post-election rally loses steam.

Business

Asia struggles on forex and flows after Trump win

Trump is better at campaign rhetoric than Hillary Clinton. "It's clear he knows next to nothing about the area and the problems there, and it will take him and his administration a long time to get up to speed", Straub said . Such a decision would be welcomed in Beijing. The central parity rate of the renminbi lost 230 basis points, falling to 6.8115 against the dollar Friday, breaking the psychologically-important threshold of 6.80 for the first time since Sept 2, 2010, according to ...

Business

Croydon Tram Crash Victims: Grandfather Phil Seary Is Second Fatality Named

Philip is the second Crystal Palace fan to be named among those killed after Dane Chinnery, 19, was identified on Tuesday. Her relatives said they "feared the worst" for the Polish mother-of-two after she had not been heard from in the 48 hours following the crash.

Business

Tributes to passengers killed in Croydon tram derailment

The 20-year-old said when the tram crashed he tried to find his friend. Nineteen-year-old Dane Chinnery was identified on Thursday as the first known victim of the derailment that left seven dead and three seriously injured on Wednesday morning.


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