Money


Saudi Arabia now says Khashoggi murder 'premeditated' Saudi Arabia now says Khashoggi murder 'premeditated'
- October 26, 2018

The Saudi prosecution had received information from Turkish investigators suggesting that the suspects meant to kill Khashoggi, and would continue its probe in light of those findings, the official Saudi Press Agency said on Thursday. Last week , its government changed its story, saying the US resident and critic of Saudi policy had died in the consulate because of a fight. Cavusoglu said Turkey had no intention of taking the Khashoggi case to an global court but would share information ... (more...)
McDonald's new breakfast sandwich inspired by 'secret menu' McDonald's new breakfast sandwich inspired by 'secret menu'
- October 25, 2018

Each Triple Breakfast Stack comes loaded with two slices of American cheese between two sausage patties, all topped with bacon and an egg. The new menu item was introduced in an attempt to bring Americans back to McDonald's for breakfast after the corporate powers realized that fewer people are eating at their chains. (more...)
Cathay Pacific flags data breach affecting 9.4 million passengers Cathay Pacific flags data breach affecting 9.4 million passengers
- October 25, 2018

Cathay said that passenger details including name, nationality, date of birth, phone number, email address, passport number, identity card number, frequent flyer membership number, customer service remarks, and historical travel information could have been accessed. (more...)
Khashoggi killing was premeditated, Saudi attorney general says Khashoggi killing was premeditated, Saudi attorney general says
- October 25, 2018

Turkish media have also published a security camera image allegedly showing a vehicle belonging to the Saudi Consulate "scouting" a forest in the outskirts of Istanbul before Khashoggi was killed. The crown prince further said: "Many are trying to exploit the Khashoggi affair to drive a wedge between Saudi Arabia and Turkey". We will continue to explore additional measures to hold those accountable. (more...)
Microsoft's 'record' quarter driven by big growth in Azure and gaming
- October 25, 2018

Microsoft reported that Server products and cloud services revenue increased 28% (up 28% in constant currency) driven by Azure revenue growth of 76% (up 76% in constant currency). LinkedIn revenue grew 33 percent in the quarter, with the career-oriented networking service boasting record levels of engagement by users. Lastly, Microsoft's red-headed stepchild, Windows, was also superstar during this earnings period as its OEM Pro revenue grew a modest 8% in an overall industry stagnating ... (more...)
Brexit transition must be short, says minister Brexit transition must be short, says minister
- October 25, 2018

Its report says that 11 out of the 12 major projects to replace or change key border systems were, as of last month, at risk of not being finished on time or of "acceptable quality". "The French would say they were only applying the rules". Northern Ireland business leaders have warned that the price of cheese and beef could be set to rise as a result of a no-deal Brexit . (more...)
Stock market plunges, Dow and S&P are now negative for the year Stock market plunges, Dow and S&P are now negative for the year
- October 25, 2018

Bond prices rose. The yield on the 10-year Treasury note fell to 3.13 per cent. The government is expected to say Friday that the USA economy grew by 3.3 percent in the third quarter, after growing by 4.2 percent in the second quarter. Beazer Homes USA slumped 6.9 percent to $8.57. Despite the tumbling stock prices, the USA economy looks solid. Wholesale gasoline slipped 0.8 percent to $1.82 a gallon. (more...)
Winning ticket in $2.45 billion U.S. lottery Winning ticket in $2.45 billion U.S. lottery
- October 25, 2018

She purchased her winning Quic Pic ticket, which matched the first five numbers drawn, at a Cumberland Farms in Bridgewater, the release said. When it comes to the KC Mart, that is accurate. For now, lottery officials are publicly urging the victor to sign the back of the ticket, put it in a safe location, seek financial or legal advice from a trusted source. (more...)
Who wants to be a billionaire? Mega Millions drawing tonight Who wants to be a billionaire? Mega Millions drawing tonight
- October 24, 2018

Some big states, including California, don't withhold taxes from lottery winnings, and some like Texas don't have individual income taxes at all. But that isn't happening. What's more , the price of a ticket has doubled. Tickets sold for today's drawing are expected to cover 75 per cent of all possible number combinations, he said. (more...)
Jamal Khashoggi: Saudi journalist's son meets with Crown Prince Mohammed bin Salman Jamal Khashoggi: Saudi journalist's son meets with Crown Prince Mohammed bin Salman
- October 24, 2018

Critics of the crown prince suspect he ordered the killing or, at least, had knowledge of it - a claim denied by Saudi officials. The murder of the self-exiled writer which Turkey says was planned beforehand " is something that is extremely preoccupying to Canadians, to Canada and to many of our allies around the world " Prime Minister Justin Trudeau acknowledged . (more...)
Saudi Oil Chief: OPEC's in 'Produce as Much as You Can' Mode Saudi Oil Chief: OPEC's in 'Produce as Much as You Can' Mode
- October 24, 2018

Both contracts notched the biggest percentage drop since July. "We will decide if there are any disruptions from supply, especially with the Iran sanctions looming", Mr Falih said. "The rise in oil prices has slowed down the economic growth of many consumer countries, hitting the global economy hard", Zangeneh added. The United States warned Russian Federation on Sunday about assisting any potential Iranian attempts to evade an upcoming round of U.S. (more...)
Imran Khan Says Will Reach Out To India Again After 2019 Elections Imran Khan Says Will Reach Out To India Again After 2019 Elections
- October 24, 2018

Saudi Arabia also "confirmed its interest" in investing in a petroleum refinery in Pakistan. The summit, nicknamed "Davos in the desert", has been overshadowed by growing global outrage over the murder of journalist and Saudi government critic Jamal Khashoggi. (more...)
European Union warns of disciplinary measures against Italy
- October 24, 2018

Moody's ratings agency meanwhile, revised its ratings of 12 Italian financial institutions, having downgraded Italy's standing by one notch on Friday over concerns about its budget. "I can say this will be our cap". "For us, 2.4pc is the ceiling", Mr Conte said. The country's debt servicing cost is the highest in the bloc, amounting to about €65.5 billion ($75.21 billion) or 3.8 percent of GDP in 2017. (more...)
Historic Mega Millions sends people to the lottery ticket counters Historic Mega Millions sends people to the lottery ticket counters
- October 24, 2018

The jackpot's estimated cash value is $913 million, an option favored by most winners. $1.6 billion to be exact and if you choose the lump prize you could bring home 904 million in cash. Cornelius Nelan, a math professor at Quinnipiac University in CT, notes the odds are about the same as rolling a die and getting a one, 11 times in a row. (more...)
Dyson vacuum cleaner company to build electric vehicle factory in Singapore Dyson vacuum cleaner company to build electric vehicle factory in Singapore
- October 24, 2018

British technology company Dyson said on Tuesday (Oct 23) it would build its electric auto in Singapore, with a new automotive manufacturing facility set for completion in 2020 ahead of the first vehicle launch a year later. "Our existing footprint and team in Singapore, combined with the nation's significant advanced manufacturing expertise, made it a frontrunner". However, in the memo to staff, Rowan said the decision to choose Singapore was "complex, based on supply chains, access to ... (more...)
Iran's oil minister says U.S. sanctions can not stop crude exports
- October 23, 2018

A strong rally in China's stock market is also helping to increase demand for risky assets. The global benchmark crude traded at a premium of US$10.22 to WTI. This is potentially bullish. "As I have said many times, there is no replacement for Iranian oil in the market", he said. Other OPEC members, meanwhile, had added only 105,000 barrels per day of extra oil in total during the period, which means they are not capable of producing more than current levels, he said. (more...)
Jamal Khashoggi's body parts found in Saudi consul general's home Jamal Khashoggi's body parts found in Saudi consul general's home
- October 23, 2018

Turkish officials provided the United States and Western officials with verbal accounts of evidence they say they collected documenting Khashoggi's fate, the officials said. We are seeking answers. "The conscience of humanity will only be satisfied once everybody is called into account, from those who gave the orders to those who carried them out". (more...)
Pork, chicken products shipped to New Jersey recalled Pork, chicken products shipped to New Jersey recalled
- October 23, 2018

Why?: The USDA says the meat was recalled due to contamination of salmonella and Listeria monocytogenes . Listeria can cause diarrhea, fever and other similar foodborne illness symptoms. As McCain Foods explained in a Friday e-mail to The Miami Herald, the company "recently identified a potential health risk related to its fire roasted, caramelized or sautéed frozen vegetable and fruit products produced at its Colton facility, California". (more...)
Canadian postal worker strike begins in Windsor Canadian postal worker strike begins in Windsor
- October 23, 2018

The union representing 50,000 Canada Post employees has begun rotating strikes in four cities across the country. "Canada Post had the opportunity this weekend to stop any postal disruption on Monday, but instead, as they have for nearly a year, they refused to talk about the issues that matter to our members", says Mike Palecek, CUPW National President in a statement . (more...)
The Boring Company has nearly finished its first tunnel The Boring Company has nearly finished its first tunnel
- October 22, 2018

Originally called a test tunnel , Musk said Sunday on Twitter that it'll soon be ready for prime time. While the trial tunnel injects a dose of realism to his vision of a hyperfast underground system, key questions remain. Privately held Boring Co has been promoting its plans for tunnels that would allow high-speed travel between cities. In addition to the testing tunnel and the East Coast route, the Boring company lists an underground tunnel project in Chicago . (more...)

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