(TEHRAN, Iran.) JUST IN: Stockmarket reaches an all time high on Sunday as TEDPIX crossed the 195,000 points according to Financial Tribune reported #AceFinanceDesk reports

#AFNews – Apr.14: Tehran Stock Market Scales New Highs: Stocks hit all-time closing highs on Sunday encouraged by the previous day’s landmark point when the benchmark index TEDPIX crossed the 195,000 points after more than six months: TEDPIX rose 0.45% helping the market end the second day of the week on a high note.

The Tehran market opened Sunday trading when many investors were expecting a correction as a selloff by shareholders: This mindset caused the market to shed more than 1,200 points in early trading but fundamental factors supporting the market helped reverse the bearish trend later in the day.

#AceFinanceDesk report ……………financialtribune.com/node/97449 https://t.me/fintribune/4857

Editor says #AceNewsDesk reports & #Brittius says are provided by Sterling Publishing & Media News and all our posts, links can be found at here Live Feeds https://acenewsroom.wordpress.com/ Ace News Services Posts https://t.me/AceSocialNews_Bot and thanks for following as always appreciate every like, reblog or retweet and free help and guidance tips on your PC software or need help & guidance from our experts AcePCHelp.WordPress.Com or you can follow our breaking news posts on AceBreakingNews.WordPress.Com or become a member on Telegram https://t.me/acebreakingnews all private chat messaging on here https://t.me/sharingandcaring

(SAN FRANCISCO, Calif.) JUST IN: Johnson Publishing, the company formerly behind magazines such as Ebony and Jet, has filed for bankruptcy: The petition was filed Tuesday afternoon in US Bankruptcy Court in Chicago #AceFinanceDesk reports

#AceFinanceReport – Apr.11: Johnson Publishing Company currently consists of an extensive archive of about 4 million images and 10,000 video assets from its former magazines and a cosmetics business, Fashion Fair Cosmetics: The company’s founder, Johnson H. Johnson, died in 2005. ……………..Johnson Publishing Company previously described itself as the world’s largest African-American-owned and -operated publishing company.

In 2016, it sold Ebony and Jet, its two hallmark magazines and stalwarts within the black community, to Clear View Group: Jet magazine stopped publishing a print edition in June 2014, opting to release only a digital version.

#AceFinanceDesk report …………CNN.Com/ Published:

Editor says #AceNewsDesk reports & #Brittius says are provided by Sterling Publishing & Media News and all our posts, links can be found at here Live Feeds https://acenewsroom.wordpress.com/ Ace News Services Posts https://t.me/AceSocialNews_Bot and thanks for following as always appreciate every like, reblog or retweet and free help and guidance tips on your PC software or need help & guidance from our experts AcePCHelp.WordPress.Com or you can follow our breaking news posts on AceBreakingNews.WordPress.Com or become a member on Telegram https://t.me/acebreakingnews all private chat messaging on here https://t.me/sharingandcaring

(WASHINGTON) US Wants to put tariffs on $11.2 billion worth of EU goods — from airplanes to Gouda ch eese and olives — to offset what it says are unfair European subsidies for plane maker Airbus after they had in 2004 complained to the WTO, which sets the rules for trade and settles disputes just as the EU e conomy is slowing sharply #AceFinanceDesk reports

#AceFinanceReport – Apr.10: While the size of the tariffs is small compared with the hundreds of billions the U.S. and China are taxing in their trade war, it suggests a breakdown in talks with the European Union over trade at a time when the economy is already slowing sharply: The U.S. and EU have been negotiating since last year about how to avoid tariffs that President Donald Trump has wanted to impose to reduce a trade deficit with countries like Germany……………..But experts warn that tariffs lead to higher consumer prices in countries that impose them and can hurt overall economic growth……………..The U.S. Trade Representative’s office released late Monday a list of EU products it would tax in anticipation of a ruling by the World Trade Organization this summer.

The U.S. had in 2004 complained to the WTO, which sets the rules for trade and settles disputes, that the EU was providing unfair support to Airbus: The WTO ruled in May last year that the EU had in fact provided some illegal subsidies to Airbus, hurting U.S. manufacturer Boeing.

The U.S. expects the WTO will say this summer that it can take countermeasures to offset the EU subsidies. It will now start a consultation with industry representatives on the list of EU goods it wants to tax so that it can have a ready list: “ The EU has taken advantage of the U.S. on trade for many years…………It will soon stop!” Trump tweeted Tuesday.

The U.S. move, while following international trade rules, appears to reflect broader U.S. frustration at the slow pace of talks on trade with the EU: Trump in June last year imposed tariffs of 25% on steel imports and 10% on imported aluminum from the EU in a move that seems aimed at helping the U.S. industry but has also raised costs for many businesses that import these products.

The EU responded with tariffs on about 2.8 billion euros’ worth ($3.4 billion) of U.S. steel, agricultural and other products, from Harley Davidson bikes to orange juice: The U.S. and EU have since July been in talks to scale back the tariffs, with Trump holding out the bigger threat of slapping tariffs on European cars — a huge industry in the region — should the negotiations not yield a result. U.S. officials have repeatedly expressed frustration at the slow pace of the talks.

The EU responded Tuesday to the U.S.’s latest call for new tariffs by noting that it was based on its own estimate, not anything it had been awarded by the WTO. It also said the EU is preparing its own retaliation based on a separate WTO case, in which U.S.-based Boeing was found to have received illegal support from the state of Washington. It did not say how big that retaliation might be.

The U.S. attempt to tax Airbus jets comes just as Boeing is facing broad challenges over the global grounding of its 737 Max airliners amid concerns that technical problems could have contributed to two crashes in five months: Tariffs on European airplanes could in theory help Boeing and hurt Airbus, whose shares were down 1.7% on Tuesday on a day when stock markets were mostly higher.

The U.S. announcement also comes as China’s prime minister meets top European Union officials to discuss thorny issues, including trade.

#AceFinanceDesk report ………………..USA – Voice of America http://bit.ly/2Vw9a8Y – via Ace Newsroom Live http://bit.ly/2Io2YMK

Editor says #AceNewsDesk reports & #Brittius says are provided by Sterling Publishing & Media News and all our posts, links can be found at here Live Feeds https://acenewsroom.wordpress.com/ Ace News Services Posts https://t.me/AceSocialNews_Bot and thanks for following as always appreciate every like, reblog or retweet and free help and guidance tips on your PC software or need help & guidance from our experts AcePCHelp.WordPress.Com or you can follow our breaking news posts on AceBreakingNews.WordPress.Com or become a member on Telegram https://t.me/acebreakingnews all private chat messaging on here https://t.me/sharingandcaring

(PARIS, France.) Societe Generale plans to cut 1,600 jobs, mainly at its corporate and investment banking ar m, in an attempt to boost profits after a poor performance last year, France’s third-largest bank sa id on Tuesday #AceFinanceDesk reports

#AFNews – Apr.10: Societe Generale plans to cut 1,600 jobs, mainly at its corporate and investment banking arm, in an attempt to boost profits after a poor performance last year, France’s third-largest bank said on Tuesday.

Reuters: Top News https://reut.rs/2P6KfGV – Via Ace Newsroom Live https://t.me/acenewsdaily/60957

Editor says #AceNewsDesk reports & #Brittius says are provided by Sterling Publishing & Media News and all our posts, links can be found at here Live Feeds https://acenewsroom.wordpress.com/ Ace News Services Posts https://t.me/AceSocialNews_Bot and thanks for following as always appreciate every like, reblog or retweet and free help and guidance tips on your PC software or need help & guidance from our experts AcePCHelp.WordPress.Com or you can follow our breaking news posts on AceBreakingNews.WordPress.Com or become a member on Telegram https://t.me/acebreakingnews all private chat messaging on here https://t.me/sharingandcaring

(BRUSSELS) EU Growth Slowing as finance ministers and central bank governors of the Group of 20 (G20) major economies are to meet in Washington on April 11-12 to discuss the main challenges to the world economy #AceFinanceDesk reports

#AceFinanceReport – Apr.09: The European Union will tell a meeting of finance leaders from the world’s 20 biggest economies next week that they must all tackle the root causes of global trade tensions because they are putting global growth at risk, an EU document showed: “Current trade tensions put the ongoing expansion at risk and are therefore a source of concern,” a joint position paper agreed by EU finance ministers on Saturday said.

The United States and China are engaged in intense negotiations to end a months-long trade war that has rattled global markets: Hopes of a resolution soared after both sides expressed optimism following talks in Beijing last week.

The International Monetary Fund said in its April World Economic Outlook this week that an escalation of the U.S.-China trade war could reduce U.S. growth by up to 0.6 percent and China’s by up to 1.5 percent: “The international community has to tackle the root causes of the ongoing trade tensions by ensuring a level playing field for open and free trade in goods and services, investment and intellectual property rights,” the joint EU statement said………….The United States is also in talks with the European Union on a trade deal after imposing tariffs on European steel and aluminum last year and threatening to impose tariffs on European cars.

“We reaffirm our commitment to keep the global economy open as well as rules-based, to support an inclusive multilateral trading system with the World Trade Organization (WTO) at its center and to keep international economic cooperation on track,” the EU said: Washington has reservations about the WTO which it believes is unable to tackle modern trade challenges and issues such as intellectual property theft………………The EU believes the WTO is the best way to deal with trade disputes but that it should be reformed to address U.S. and its own concerns.

#AceFinanceDesk report ………..Reuters.Com/ Reporting by Jan Strupczewski; Editing by Mark Potter

Editor says #AceNewsDesk reports & #Brittius says are provided by Sterling Publishing & Media News and all our posts, links can be found at here Live Feeds https://acenewsroom.wordpress.com/ Ace News Services Posts https://t.me/AceSocialNews_Bot and thanks for following as always appreciate every like, reblog or retweet and free help and guidance tips on your PC software or need help & guidance from our experts AcePCHelp.WordPress.Com or you can follow our breaking news posts on AceBreakingNews.WordPress.Com or become a member on Telegram https://t.me/acebreakingnews all private chat messaging on here https://t.me/sharingandcaring

(TOKYO, Japan.) Toyota Motor Corp: Will Share 23,740 Hybrid Vehicle Patents For Free and offer to supply competitors with components including motors, power converters and batteries used in its lower-emissions vehicles… as global industry shifts towards fully electric cars and even more sales #AceFinanceDesk reports

#AceFinanceReport – Apr.09: The pledge by one of the world’s biggest automakers to share its closely guarded patents, the second time it has opened up a technology, is aimed at driving industry uptake of hybrids and fending off the challenge of all-battery electric vehicles (EVs): Toyota said it would grant licenses on nearly 24,000 patents on technologies used in its Prius, the world’s first mass-produced “green” car, and offer to supply competitors with components including motors, power converters and batteries used in its lower-emissions vehicles… Reuters reported.
image1.jpeg

Toyota’s move to unlock its patents underlines its belief that hybrids are an effective alternative to all-battery EVs, given a fuel efficiency roughly double that of gasoline cars, lower cost and that they do not need charging infrastructure: Toyota vehicles account for more than 80 percent of the global hybrid vehicle market. “Toyota has realised that they made a mistake by protecting their hybrid technology for years………..This prevented diffusion” said Janet Lewis, head of Asia transportation research at Macquarie Securities.

“Toyota on its own can’t get key technology accepted, but if other companies use it, that offers the best chance of expansion,” she added: The article notes statistics from LMC Automotive that hybrid vehicles “account for around 3 percent of all vehicles sold globally, eclipsing the roughly 1.5 percent share of all-battery EVs.” Shigeki Terashi, Executive Vice President of Toyota, said, “we believe that now is the time for cooperation.”

#AceFinanceDesk report …………….Published: April.09: 2019:

Editor says #AceNewsDesk reports & #Brittius says are provided by Sterling Publishing & Media News and all our posts, links can be found at here Live Feeds https://acenewsroom.wordpress.com/ Ace News Services Posts https://t.me/AceSocialNews_Bot and thanks for following as always appreciate every like, reblog or retweet and free help and guidance tips on your PC software or need help & guidance from our experts AcePCHelp.WordPress.Com or you can follow our breaking news posts on AceBreakingNews.WordPress.Com or become a member on Telegram https://t.me/acebreakingnews all private chat messaging on here https://t.me/sharingandcaring

JUST IN: Russia came ahead of the U.S. in terms of supplying liquefied natural gas (LNG) to European and Asian markets in 2018, the International Group of Liquefied Natural Gas Importers (GIIGNL) said on Monday in its annual report according to SputnikInt – @AceFinanceNews

#AFNEWS – Apr.01: Russia came ahead of the United States in terms of supplying liquefied natural gas (LNG) to European and Asian markets in 2018, the International Group of Liquefied Natural Gas Importers (GIIGNL) said on Monday in its annual report.

LNG exports from Russia to Europe amounted to 4.43 million tonnes, while exports from the United States to Europe stood at 2.7 million tonnes, according to the non-profit group, whose aim is to promote the development of LNG-related activities, including purchasing and importing.
Russia was also ahead of the United States in Asia’s LNG market last year — Russian imported 12.86 tonnes of LNG to Asia, while the United States imported 10.73 million tonnes. Australia, Qatar and Malaysia were the top three exporters of LNG to Asia with 66.54 million, 56.78 million and 24.66 million tonnes, respectively.”
#AceTelegramDesk report ………Published: April 01, 2019 at 06:53AM: Read More: https://t.me/acenewsdaily/54092

Editor says #AceNewsDesk reports & #Brittius says are provided by Sterling Publishing & Media News and all our posts, links can be found at here Live Feeds https://acenewsroom.wordpress.com/ Ace News Services Posts https://t.me/AceSocialNews_Bot and thanks for following as always appreciate every like, reblog or retweet and free help and guidance tips on your PC software or need help & guidance from our experts AcePCHelp.WordPress.Com or you can follow our breaking news posts on AceBreakingNews.WordPress.Com or become a member on Telegram https://t.me/acebreakingnews all private chat messaging on here https://t.me/sharingandcaring

(USA) ISM REPORT: U.S. manufacturing activity rebounded a bit more than expected in March, according to an industry report released on Monday, as production, new orders and hiring all picked up as Apple shares turn lower in early trading after cutting iPhone prices in China by nearly 6% #AceFinanceDesk reports

#AceFinanceReport – Apr.01: The Institute for Supply Management (ISM) said its index of national factory activity rose to 55.3 from 54.2 in February, which had marked the lowest level since November 2016. The reading was slightly above expectations of 54.5 from a Reuters poll of 69 economists.

A reading above 50 indicates expansion in the manufacturing sector and a reading below 50 indicates contraction.

The employment index rose to 57.5 from 52.3 a month earlier. Expectations called for a reading of 52.4.

The new orders index rose to 57.4 from 55.5 in February. The prices paid index rose to 54.3, indicating that prices producers are paying for materials rose for the first time since December.

Production also picked up, with that index at ticking up to 55.8 from 54.8 the month before.

Construction spending hits 9-month high

U.S. construction spending increased for a third straight month in February, boosted by gains in both private and public construction projects, offering some good news on the economy following a string of weak reports.

The Commerce Department said on Monday construction spending rose 1.0 percent to a nine-month high after an upwardly revised 2.5 percent surge in January.

Economists polled by Reuters had forecast construction spending falling 0.2 percent in February after a previously reported 1.3 percent jump in January.

Construction spending increased 1.1 percent on a year-on-year basis in February.

In February, spending on private construction projects rose 0.2 percent after vaulting 1.5 percent in January. Investment in private residential projects increased 0.7 percent, rising for a third straight month.

The strong gains are despite a sluggish housing market, which has been held back by higher mortgage rates, expensive building materials as well as land and labor shortages. But there are signs of green shoots emerging in the housing market as mortgage rates have declined from last year’s lofty levels.

Spending on private nonresidential structures, which includes manufacturing and power plants, fell 0.5 percent in February after jumping 1.1 percent in January.

Investment in public construction projects rose 3.6 percent in February after accelerating 5.7 percent in the prior month.

Spending on federal government construction projects rose 0.9 percent to the highest level since October 2017, after soaring 5.7 percent in January.

Investment in state and local government construction projects rose 3.8 percent after surging 5.7 in January.

ISM manufacturing index hits 55.3 in March, construction spending up 1% in February https://t.co/0COWy6gvpZ— CNBC Now (@CNBCnow) April 1, 2019 via Ace Newsroom Live http://bitly.com/2CMyuQX

Apple shares turn lower in early trading after cutting iPhone prices in China by nearly 6% https://t.co/yKCRlMyjET pic.twitter.com/9zSJsOsUGA— CNBC Now (@CNBCnow) April 1, 2019 via Ace Newsroom Live http://bitly.com/2uFINBE

Editor says #AceNewsDesk reports & #Brittius says are provided by Sterling Publishing & Media News and all our posts, links can be found at here Live Feeds https://acenewsroom.wordpress.com/ Ace News Services Posts https://t.me/AceSocialNews_Bot and thanks for following as always appreciate every like, reblog or retweet and free help and guidance tips on your PC software or need help & guidance from our experts AcePCHelp.WordPress.Com or you can follow our breaking news posts on AceBreakingNews.WordPress.Com or become a member on Telegram https://t.me/acebreakingnews all private chat messaging on here https://t.me/sharingandcaring

(BEIJING, China.) JUST IN: #AFN Report: China in numbers: Chinese Minister of Finance briefs media on reform of fiscal and taxation system as well as financial issues at #TwoSessions. 🎙️ Take a loo k at the key data CCTN #AceFinanceDesk reports

#AFN Report: China in numbers: Chinese Minister of Finance briefs media on reform of fiscal and taxation system as well as financial issues at #TwoSessions. 🎙️ Take a look at the key data:

https://t.co/9iLrBZH4fr March 07, 2019 at 01:42AM #AceFinanceDesk reports

Editor says #AceNewsDesk reports & #Brittius says are provided by Sterling Publishing & Media News and all our posts, links can be found at here Live Feeds https://acenewsroom.wordpress.com/ Ace News Services Posts https://t.me/AceSocialNews_Bot and thanks for following as always appreciate every like, reblog or retweet and free help and guidance tips on your PC software or need help & guidance from our experts AcePCHelp.WordPress.Com or you can follow our breaking news posts on AceBreakingNews.WordPress.Com or become a member on Telegram https://t.me/acebreakingnews all private chat messaging on here https://t.me/sharingandcaring

(TEHRAN, Iran.) NIOPDC Report: Gasoline inventories show a three-fold increase compared to last year, director of supply and distribution at the National Iranian Oil Products Distribution Company said Sunday #AceFinanceDesk reports

#AceFinanceReport – Feb.22: Iran Reports Higher Gasoline Production: Gasoline inventories show a three-fold increase compared to last year, director of supply and distribution at the National Iranian Oil Products Distribution Company said Sunday.

“Gasoline storage capacity was 200,000 million liters in 2017. Now it is 600,000 million liters,” Mojtaba Delbari was quoted as saying by IRNA.Were it not for the Persian Gulf Star Refinery in the southern province of Hormozgan, NIOPDC would have to import 30 million liters of the fuel every day, he said.

#AceFinanceDesk report ………..IRNA goo.gl/41onVM Published: February.22: 2019: .@fintribune

Editor says #AceNewsDesk reports & #Brittius says are provided by Sterling Publishing & Media News and all our posts, links can be found at here Live Feeds https://acenewsroom.wordpress.com/ Ace News Services Posts https://t.me/AceSocialNews_Bot and thanks for following as always appreciate every like, reblog or retweet and free help and guidance tips on your PC software or need help & guidance from our experts AcePCHelp.WordPress.Com or you can follow our breaking news posts on AceBreakingNews.WordPress.Com or become a member on Telegram https://t.me/acebreakingnews all private chat messaging on here https://t.me/sharingandcaring