NEW DELHI (Reuters) - U.S. President Donald Trump said on Tuesday that India will buy $3 billion worth of military equipment, including attack helicopters, as the two countries deepen defense and commercial ties in an attempt to balance the weight of China in the region.
India and the United States were also making progress on a big trade deal, Trump said. Negotiators from the two sides have wrangled for months to narrow differences on farm goods, medical devices, digital trade and new tariffs.
Trump was accorded a massive reception in Indian Prime Minister Narendra Modi’s home state on Monday, with more than 100,000 people filling into a cricket stadium for a “Namaste Trump” rally.
On Tuesday, Trump sat down for one-on-one talks with Modi followed by delegation-level meetings to try and move forward on issues that have divided them, mainly the festering trade...
Premier Jason Kenney is suggesting the provincial government may financially back an oil and gas project.
In a Tuesday speech to the Edmonton Business Association luncheon — days after Teck Resources withdrew its application to build the $20-billion Frontier oilsands mine — Kenney said “uncertainty” on federal regulations is to blame for some energy projects pulling out of Alberta.
“I’m here to tell you today, as the premier of this province, that we are prepared to do what is necessary to ensure a future for this province’s economy, including for women and men, Indigenous people and new Canadians, and everyone who depend upon, either directly or indirectly, our energy industry,” said the premier. “I just say, stay tuned on that. I’ll give you a hint.”
Kenney then spoke about how former Peter Lougheed created the Alberta Energy Corporation in the 1970s.That entity financed Syncrude Canada Ltd.
“A lack of access to capital was met by bold leadership and...
The author, chairman of JetBlue and an adjunct professor at Stanford, has fired plenty of people during his long career—and he’s been fired himself. In this article he outlines an empathetic approach in which the manager recognizes that he or she played a role in the employee’s failure to perform—and that this difficult conversation, which should not be outsourced to the HR department, is something a manager should strive to handle well. The person you’re firing today could become a key contact at a supplier or a client tomorrow.
Peterson offers specific steps—and mistakes to avoid—to help this tricky process go as smoothly as possible: Don’t wait for a “firing offense.” Do be willing to fire friends or family. Don’t surprise people. Do prepare and practice. Don’t hand off the dirty work. Do deliver the message immediately and clearly. Don’t overexplain the decision. Do be human. Don’t shift the blame. Do be generous.
You can add location information to your Tweets, such as your city or precise location, from the web and via third-party applications. You always have the option to delete your Tweet location history. Learn more
Disney boss Bob Iger, who led the media company through several blockbuster acquisitions and the launch of a streaming network, is stepping down as chief executive.
Disney said it had appointed Bob Chapek, who previously headed up the company's parks and products division, to replace him.
Mr Iger will remain Disney's executive chairman until the end of next year to direct "creative endeavours".
The change is effective immediately.
Mr Iger, who is considered by many to be the most powerful man in Hollywood, had served as chief executive since 2005. He has previously announced plans to retire - only then to push back the date.
WASHINGTON (Reuters) - The Federal Reserve is “closely monitoring” the escalating coronavirus outbreak but it is still too soon to gauge if it would require a change in monetary policy, Fed Vice Chair Richard Clarida said on Tuesday as the central bank continues to patiently monitor the impact of the epidemic on the U.S. economy.
HAVANA (Reuters) - Cuba’s cash-strapped government on Tuesday began selling used cars for dollars at a single Havana outlet, a first for the Communist-run state and a further step toward the dollarization of a segment of its retail sector.
Around a hundred people showed up to look at the cars, representing a hodgepodge of brands and models. Around one in 20 Cubans owns a car and the cost puts them out of the reach of many citizens, in a country where the average wage is below the equivalent of $100 per month.
Yoan Orlando Milian, a 37-year-old who splits his time between Miami and Havana, said he had camped out for days to be the first in line to purchase a car.
“I will do anything for my family. And this is a good option for my wife and kids in Havana,” he said from the window of his 2011 Toyota Land Cruiser that he had bought for $80,000 - more than double the...
WASHINGTON (Reuters) - U.S. President Donald Trump’s longtime friend Roger Stone will urge a federal judge on Tuesday to grant him a new trial, after she sentenced him last week to serve more than three years in prison in a case that angered Trump and rattled the Justice Department.
Stone was convicted of lying to Congress, obstruction and witness tampering in a case that stemmed from former Special Counsel Robert Mueller’s investigation that detailed Russian meddling in the 2016 election to boost Trump’s candidacy.
Stone’s motion for a new trial is under seal before the U.S. District Court in Washington but it is widely expected to turn on allegations that the jury forewoman in his trial, Tomeka Hart, was politically biased.
Earlier this month, Hart came under fire from Trump after she posted a message on social media defending the four career prosecutors who resigned...
WOMEN’S RIGHTS advocates routinely lament the gap between men’s and women’s wages. But the gender gap in wealth may be just as troubling. According to the Boston Consulting Group, a consultancy, in 2015 women held just 30% of all global private wealth. The Survey of Consumer Finances, a poll of American households conducted by the Federal Reserve, shows that among single 60-year-olds, men are about twice as rich as women.
According to a recent study, some of this disparity can be explained by differences in how men and women buy and sell property. Using data on 9m housing transactions carried out in America between 1991 and 2017, Paul Goldsmith-Pinkham and Kelly Shue of the Yale School of Management found that, on average, single women pay about 2% more than their male counterparts for houses, and sell them for 2% less (see chart). Given that Americans move house an average of 11 times during their lives, this disadvantage can mount up. The authors reckon that the typical...
RIO DE JANEIRO (Reuters) - Top samba “schools” in Brazil’s Carnival capital Rio de Janeiro paraded for a second night on Monday, peppering the annual sizzling fusion of music, dance and costume with jabs at the country’s President Jair Bolsonaro.
The last six of the city’s 13 top samba schools took to the “sambodromo”, or Sambadrome, with hundreds of colorfully dressed and some scantily clad dancers and musicians parading behind huge, elaborate floats designed around a broad theme.
Monday’s parades, which ran well into the early hours of Tuesday, touched on many themes, among them Bolsonaro, who has cut a controversial and divisive figure since being sworn into office in January last year.
Brazilian actor and comedian Marcelo Adnet starred in the Sao Clemente school’s parade dressed up as Bolsonaro, mockingly doing push ups, saluting, and firing an imaginary gun with...
Walt Disney Co. said Bob Iger is stepping aside as the company’s longtime chief executive, with Disney Parks head Robert Chapek assuming the role immediately.
Mr. Iger will assume the role of executive chairman and will steer the company’s creative endeavors through his contract’s end on Dec. 31, 2021.
Mr. Chapek is chairman of Disney Parks,...
WASHINGTON (Reuters) - U.S. President Donald Trump’s Attorney General William Barr still had the support of Republicans in the Senate, who control the upper chamber of Congress, Senate Majority Leader Mitch McConnell said at a news conference on Tuesday.
Barr has their “overwhelming support,” McConnell told reporters after Senate Republicans met with the attorney general, who faced criticism after the Department of Justice recently moved to overrule career prosecutors in a case involving the sentencing of Trump adviser Roger Stone.
Oil demand in 2018 rose steadily, but confounded other expectations. The leading source of consumption growth was not China or India, but rather the United States. Sales of electric vehicles set new records, although they are yet to make a very visible dent in oil consumption. The main increases in oil product demand came from gasoline and diesel but there were also sizeable contributions from ethane, liquefied petroleum gas (LPG) and naphtha as the use of oil as ap petrochemical feedstock continues to grow in importance.
In terms of supply, US tight oil defied talk of infrastructure constraints, and growth to date matches the fastest pace ever seen in the history of oil markets. Economic, political and security issues affected supply from Venezuela, Libya and Iran, while attacks on oil tankers and processing infrastructure in the Middle East have heightened awareness about risks to oil supply from the region, including via some key choke points in international...
- Top 50 publishers (last 24 hours)