Since then, however, there has been growing optimism that there could still be a United Kingdom interest rate hike in 2018. With global supply looking set to diminish further as a result of the USA re-imposing sanctions on Iran the mood towards the commodity-correlated Canadian Dollar remains generally positive.
Canada lost 1 100 jobs during the month, Statistics Canada reported on Friday, just the second time since mid-2016 the economy didn't add new positions. The participation rate , however, edged down in April to 65.4%, from 65.5% in March, as fewer people looked for work. Markets see a 68 percent probability the central bank will hike in July, which would make for its fourth rate increase over the course of a year.
The Kansas City plant stopped production on earlier this week, followed by the Kentucky Super Duty line and yesterday, production stopped at the Dearborn truck plant near Detroit . Late model Ford F-150s on used vehicle lots may also get some extra attention in the weeks ahead. But the problem for Ford in particular is that the F-150 is its most profitable product.
City of San Diego, Calif. In the months ahead, Memphis will increase its stature as a center for this cutting-edge technology and will advance the integration of unmanned aerial systems into the national airspace. Alphabet's Project Wing will deliver packages in Virginia. North Carolina will be setting up drone delivery stations in local communities to help small businesses leverage UAS for commercial purposes.
The combination of rooftop solar and the option to add energy storage systems as an efficiency compliance credit provides builders with an attractive, cost-effective option to fully electrify homes. Even if they offset their power consumption, homes will still pull from a grid that uses fossil fuels. The requirement does include exceptions when solar panels aren't feasible - such as on a home shrouded in shade - or cost effective.
Japan's Takeda Pharmaceutical is about to become a major worldwide player on the biopharma scene, with its purchase of larger Irish rival Shire ( shpg ). TAKEDA PHARMACEUTICAL has agreed to buy Shire for £46bn (US$62bn) as it seeks to create a global leader in biopharmaceuticals. Takeda will need to take on debt equal to five times EBITDA to complete the acquisition, prompting Standard & Poor's to warn of a potential credit downgrade.