Money
Carlos Ghosn will remain Renault CEO despite being detained
- November 21, 2018
French automobile group Renault chose to appoint two interim heads of the company to replace Carlos Ghosn , who remains as Chairman and Chief Executive Officer but is "temporarily incapacitated", the company announced in a statement . Ghosn and Kelly's current locations are not now known, but they can be held without charge for up to 23 days under Japanese law. There have also been reports that he charged travel expenses for family vacations. (more...)
- November 21, 2018
French automobile group Renault chose to appoint two interim heads of the company to replace Carlos Ghosn , who remains as Chairman and Chief Executive Officer but is "temporarily incapacitated", the company announced in a statement . Ghosn and Kelly's current locations are not now known, but they can be held without charge for up to 23 days under Japanese law. There have also been reports that he charged travel expenses for family vacations. (more...)
Alexa can now make Skype calls
- November 21, 2018
Indeed, as part of today's announcement, Microsoft Stores in the U.S. have begun to sell Echo devices , which some are taking as an admission of defeat, although the official line is that Cortana and Alexa will work together rather than against each other. (more...)
- November 21, 2018
Indeed, as part of today's announcement, Microsoft Stores in the U.S. have begun to sell Echo devices , which some are taking as an admission of defeat, although the official line is that Cortana and Alexa will work together rather than against each other. (more...)
Best Black Friday and Cyber Monday UK tech deals so far
- November 20, 2018
The consumer group found a similar practice two years ago , showing that prices on the Black Friday weekend aren't always the cheapest. Apple is advising users to mark their calendars for the upcoming four-day shopping event that starts this Friday. (more...)
- November 20, 2018
The consumer group found a similar practice two years ago , showing that prices on the Black Friday weekend aren't always the cheapest. Apple is advising users to mark their calendars for the upcoming four-day shopping event that starts this Friday. (more...)
Oil prices climb on prospect of OPEC and Russian cuts
- November 20, 2018
Front-month Brent crude oil futures were at $67.29 per barrel at 0259 GMT, up 53 cents, or 0.8 percent, from their last close. After advancing to a daily high of $57.55, the barrel of West Texas Intermediate dropped below $56 but was able to settle 30 cents higher at $56.76. (more...)
- November 20, 2018
Front-month Brent crude oil futures were at $67.29 per barrel at 0259 GMT, up 53 cents, or 0.8 percent, from their last close. After advancing to a daily high of $57.55, the barrel of West Texas Intermediate dropped below $56 but was able to settle 30 cents higher at $56.76. (more...)
Speculation about 'no deal' Brexit damages Irish economy
- November 20, 2018
On a visit to a housing development in Dublin, Mr Varadkar predicted that Mrs May may start to secure more support for her proposals as the Brexit "precipice" approaches. The Irish Government has maintained it would not countenance a hard border and was not making any preparations for it. When the history of Brexit is written, there will be long arguments over whether the "backstop" could have been avoided, but even before the Brexit vote, it was clear that Ireland was going to present a ... (more...)
- November 20, 2018
On a visit to a housing development in Dublin, Mr Varadkar predicted that Mrs May may start to secure more support for her proposals as the Brexit "precipice" approaches. The Irish Government has maintained it would not countenance a hard border and was not making any preparations for it. When the history of Brexit is written, there will be long arguments over whether the "backstop" could have been avoided, but even before the Brexit vote, it was clear that Ireland was going to present a ... (more...)
Nissan Chairman Carlos Ghosn reportedly arrested over financial misdealing
- November 20, 2018
Tokyo prosecutors have made a decision to arrest Nissan Motor Chairman Carlos Ghosn over alleged breaches of financial trading law, Japanese media have reported. The Tokyo District Public Prosecutor's Office had questioned Ghosn earlier in the day and arrested and Kelly. Renault shares tumbled about 10% in afternoon trading in Paris. (more...)
- November 20, 2018
Tokyo prosecutors have made a decision to arrest Nissan Motor Chairman Carlos Ghosn over alleged breaches of financial trading law, Japanese media have reported. The Tokyo District Public Prosecutor's Office had questioned Ghosn earlier in the day and arrested and Kelly. Renault shares tumbled about 10% in afternoon trading in Paris. (more...)
In Marathon meeting, RBI agrees to ease liquidity, increase credit to MSMEs
- November 20, 2018
RBI board member S Gurumurthy earlier said the government was not asking for the central bank's surplus reserves but only wanted formulation of a policy as to how much reserves it must have. This, too, will ease the burden on the government which is the majority owner in state-run banks that dominates 70 percent of the assets in the banking sector and will have to infuse large amount of capital in these banks. (more...)
- November 20, 2018
RBI board member S Gurumurthy earlier said the government was not asking for the central bank's surplus reserves but only wanted formulation of a policy as to how much reserves it must have. This, too, will ease the burden on the government which is the majority owner in state-run banks that dominates 70 percent of the assets in the banking sector and will have to infuse large amount of capital in these banks. (more...)
China, Others Woo Pacific With A Boulevard, A Bible And A Barbecue
- November 20, 2018
International Monetary Fund chief Christine Lagarde told Apec leaders yesterday that a trade conflict could reduce world gross domestic product (GDP) by some 0.8 per cent. "If we do not do that, we will just become a colony of China", the leader of the People's Movement for Change political party told SCMP. While the U.S. (more...)
- November 20, 2018
International Monetary Fund chief Christine Lagarde told Apec leaders yesterday that a trade conflict could reduce world gross domestic product (GDP) by some 0.8 per cent. "If we do not do that, we will just become a colony of China", the leader of the People's Movement for Change political party told SCMP. While the U.S. (more...)
Bitcoin Cash [BCH] ABC won for a reason, says Roger Ver
- November 19, 2018
The Bitcoin cost of ADA now sits at 0.00001101 BTC . At the time of writing, Bitcoin was up 0.92% to $5,680, a relatively bullish start to the day seeing Bitcoin move from a morning low $5,626.7 to a morning high $5,688.4 before easing back. (more...)
![Bitcoin Cash [BCH] ABC won for a reason, says Roger Ver](https://cyclicmint.com/wp-content/uploads/2018/11/g-crescoli-346204-unsplash-960x640.jpg)
- November 19, 2018
The Bitcoin cost of ADA now sits at 0.00001101 BTC . At the time of writing, Bitcoin was up 0.92% to $5,680, a relatively bullish start to the day seeing Bitcoin move from a morning low $5,626.7 to a morning high $5,688.4 before easing back. (more...)
Nissan to oust Ghosn over financial misconduct allegations
- November 19, 2018
One Japanese media outlet, Yomiuri Shimbun, reported Monday that Ghosn has now been arrested. Nissan said it would brief reporters on Monday evening. Nissan's CEO Hiroto Saikawa planned to propose to its board that Ghosn and Kelly both be removed from their posts, the company said in a statement. (more...)
- November 19, 2018
One Japanese media outlet, Yomiuri Shimbun, reported Monday that Ghosn has now been arrested. Nissan said it would brief reporters on Monday evening. Nissan's CEO Hiroto Saikawa planned to propose to its board that Ghosn and Kelly both be removed from their posts, the company said in a statement. (more...)
Honda Teases New Passport
- November 18, 2018
The new Passport will be unveiled on November 27, USA time, ahead of sales beginning some time next year. Honda hasn't released any details about the Passport yet, but says it will be "adventure-ready", "off-road capable", and that it was both designed and will be built in the USA, right alongside the Pilot in Alabama. (more...)
- November 18, 2018
The new Passport will be unveiled on November 27, USA time, ahead of sales beginning some time next year. Honda hasn't released any details about the Passport yet, but says it will be "adventure-ready", "off-road capable", and that it was both designed and will be built in the USA, right alongside the Pilot in Alabama. (more...)
Amazon is not too big to fail, says Bezos
- November 18, 2018
This week, Amazon picked its two locations for its second headquarters outside of Seattle, in NY and Northern Virginia. Jeff Bezos, the tech company's founder and CEO, made a surprise warning to his stuff, pointing to the bankruptcy of Sears , one of Amazon's major competitors. (more...)
- November 18, 2018
This week, Amazon picked its two locations for its second headquarters outside of Seattle, in NY and Northern Virginia. Jeff Bezos, the tech company's founder and CEO, made a surprise warning to his stuff, pointing to the bankruptcy of Sears , one of Amazon's major competitors. (more...)
Boeing withheld information on plane that crashed in Indonesia
- November 18, 2018
Lion Air's flight manual did not contain information about the new anti-stall system, according to investigators and an airplane flight manual seen by Reuters . "That's why we don't have the special training for that specific situation", Zwingli said. But there was one critical difference in the MAX that pilots at American, Southwest and other airlines say they were never told about, a new automated flight control system. (more...)
- November 18, 2018
Lion Air's flight manual did not contain information about the new anti-stall system, according to investigators and an airplane flight manual seen by Reuters . "That's why we don't have the special training for that specific situation", Zwingli said. But there was one critical difference in the MAX that pilots at American, Southwest and other airlines say they were never told about, a new automated flight control system. (more...)
Hotel chains apologize after hidden video of cleaning practices in China
- November 18, 2018
High-end hotels in China run by worldwide chains Marriott, Hilton and Hyatt have issued apologies after a video went viral, showing unhygienic practices, including one cleaner who used the same sponge to wipe drinking cups and a toilet. The almost The 12-minute video, posted online earlier this week, shows workers cleaning bathrooms. One Weibo user complained that advertisements for these hotels seemed so high-end, but the hospitality chains did not attend to basic hygiene. (more...)
- November 18, 2018
High-end hotels in China run by worldwide chains Marriott, Hilton and Hyatt have issued apologies after a video went viral, showing unhygienic practices, including one cleaner who used the same sponge to wipe drinking cups and a toilet. The almost The 12-minute video, posted online earlier this week, shows workers cleaning bathrooms. One Weibo user complained that advertisements for these hotels seemed so high-end, but the hospitality chains did not attend to basic hygiene. (more...)
Thanksgiving Warning: USDA Urged to Name Turkey Brands Linked to Salmonella Outbreak
- November 17, 2018
One week ago, the USDA updated the salmonella outbreak . As the investigation continues health officials are surveying everyone who became infected to get a better idea of what they ate, when and where they purchased the turkey. The strain involved has been linked to a yearlong outbreak of 164 cases of illness, including one death, in 35 states. The National Turkey Federation said its producers follow "comprehensive pathogen control programs" from the hatchery through processing that are ... (more...)
- November 17, 2018
One week ago, the USDA updated the salmonella outbreak . As the investigation continues health officials are surveying everyone who became infected to get a better idea of what they ate, when and where they purchased the turkey. The strain involved has been linked to a yearlong outbreak of 164 cases of illness, including one death, in 35 states. The National Turkey Federation said its producers follow "comprehensive pathogen control programs" from the hatchery through processing that are ... (more...)
Pence-Xi Showdown at APEC Shows U.S.-China Divide Only Widening
- November 17, 2018
Based on his revised schedule released by the Palace, the President will no longer attend several activities of the Asia Pacific Economic Cooperation (APEC) summit on November 18, the second day of the annual talks. "The Intellectual Property Rights regime is designed to protect and encourage innovation not to create or widen the scientific and technological divide", Xi said. (more...)
- November 17, 2018
Based on his revised schedule released by the Palace, the President will no longer attend several activities of the Asia Pacific Economic Cooperation (APEC) summit on November 18, the second day of the annual talks. "The Intellectual Property Rights regime is designed to protect and encourage innovation not to create or widen the scientific and technological divide", Xi said. (more...)
Woman Dies on Princess Cruises Royal Princess Ship Headed to Aruba
- November 17, 2018
Princess Cruises today announced plans to expand its presence in Sydney, with its 3,560-guest Regal Princess set to sail alongside sister ship, the Majestic Princess out of Sydney. According to one person, an announcement came through the PA around 4:30 a.m. alerting security personnel to gather on deck 7 a.m.; the announcement was broadcast into passengers' cabins too. (more...)
- November 17, 2018
Princess Cruises today announced plans to expand its presence in Sydney, with its 3,560-guest Regal Princess set to sail alongside sister ship, the Majestic Princess out of Sydney. According to one person, an announcement came through the PA around 4:30 a.m. alerting security personnel to gather on deck 7 a.m.; the announcement was broadcast into passengers' cabins too. (more...)
Aston Martin DBX SUV Begins Testing Ahead of 2019 Launch
- November 17, 2018
The choice of the Welsh rally stages was a nod to the production facility that will manufacture the DBX - the SUV will be built at an all-new facility in the Vale of Glamorgan. "Seeing a DBX development prototype in action is a momentous chapter in the story of our first SUV, for it is the moment it really comes alive", Aston Martin Lagonda president and CEO Andy Palmer said in a statement. (more...)
- November 17, 2018
The choice of the Welsh rally stages was a nod to the production facility that will manufacture the DBX - the SUV will be built at an all-new facility in the Vale of Glamorgan. "Seeing a DBX development prototype in action is a momentous chapter in the story of our first SUV, for it is the moment it really comes alive", Aston Martin Lagonda president and CEO Andy Palmer said in a statement. (more...)
Airline Flybe hoists the ‘for sale’ flag
- November 16, 2018
The alert sent shares tumbling by more than a third on the day and almost 75% has been wiped off its stock market value since December. Flybe's share price soared 28 per cent this morning as the budget airline confirmed it is seeking a sale after revealing plunging profits. (more...)
- November 16, 2018
The alert sent shares tumbling by more than a third on the day and almost 75% has been wiped off its stock market value since December. Flybe's share price soared 28 per cent this morning as the budget airline confirmed it is seeking a sale after revealing plunging profits. (more...)
E-cigarette use among U.S. youth becomes an ‘epidemic’
- November 16, 2018
An official with Altria Group Inc., one of the big tobacco companies, said a total ban on menthol cigarettes or flavored cigars "would be an extreme measure not supported by the science and evidence". A woman smokes a Juul e-cigarette in New York , US, Sept. 27, 2018. FBN's Stuart Varney on the FDA's potential restrictions on flavored e-cigarettes and NY state's efforts to ban flavored e-cigarettes completely. (more...)
- November 16, 2018
An official with Altria Group Inc., one of the big tobacco companies, said a total ban on menthol cigarettes or flavored cigars "would be an extreme measure not supported by the science and evidence". A woman smokes a Juul e-cigarette in New York , US, Sept. 27, 2018. FBN's Stuart Varney on the FDA's potential restrictions on flavored e-cigarettes and NY state's efforts to ban flavored e-cigarettes completely. (more...)
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On Strike at CN Rail