Swedish krona and Norwegian krone only sound similar, in other aspects these two currencies behave very differently, Bloomberg reports.
New tax law threatens potential buyers of houses in Westchester, which for a long time was a refuge area for families trying to get away from high costs of New York City, Bloomberg reports.
Investors in exchange-traded funds are trying to avoid risks and looking for safe investments, Bloomberg reports.
Owing a yacht that allows moving around Mediterranean and enjoy nice landscapes and beaches is a very pleasant amusement. However, as in case of buying a villa or apartments, purchaser of a yacht will face many nuances. If investor does not know about them, then ownership of luxury and comfortable yacht will become a heavy burden. Where will be the preferred place for the registration? What taxes arise during purchase and operation of the yacht?
OPEC expects maximum in five years increase in supply of oil on behalf of its rivals in 2019, Bloomberg reports. Additional supply from the US only will be enough to cover for global demand growth.
Taking into account Trump’s administration desire to slow down industrial progress of China compared to the US, Bloomberg noticed some interesting positions in a new list of goods subject to import tariffs.
Shares fell today, while metals slumped to the lowest level in a year after the US promised to apply new tariffs to China, Reuters informs.
Shanghai markets were hurt the most. Shares dropped almost 2% and yuan declined to the lowest level in 11 months – 6,66 per dollar.
More American workers voluntarily left their jobs in May, Reuters reports with the reference to Labor Department Report issued on Tuesday. Economists think that this is a sign of confidence in labor market, which will finally result in wage growth.
PepsiCo Inc. results for the second quarter were better than expected, which signals about slow recovery of company’s soda business, Reuters reports.
Sales of company dropped by 0,9%, and this is the smallest decline in four quarters.
US raised the stakes in its conflict with China announcing its intention to impose additional 10% tariffs to $200 billion of Chinese import, Reuters reports.
About 900000 salmon fishes escaped from Marine Harvest farm in Southern Chile as a result of storm, Bloomberg reports. This fish is not suitable for consumption, and company is trying to capture it.
US cars producer Tesla raised its Model X and S prices in China by approximately 20% and became the first automakers that increased prices in response to US-China trade war, Reuters reports.
Other manufacturers will most likely follow after Tesla or move more production to China.
