Money


Oil prices climb as US-China trade tensions show signs of easing Oil prices climb as US-China trade tensions show signs of easing
- December 15, 2018

The Organization of the Petroleum Exporting Countries and other big producers, including Russian Federation, said last week they would try to trim surplus supply, agreeing to cut production by a total of 1.2 million barrels per day (bpd). (more...)
Renault board maintains Ghosn as CEO, says pay was legal Renault board maintains Ghosn as CEO, says pay was legal
- December 15, 2018

Following a board meeting on Thursday, Renault revealed that preliminary conclusions of an ongoing investigation suggested that Ghosn's compensation approval was "in compliance with applicable law" and that it would "maintain the current governance measures". (more...)
Scuffles in Paris during 'yellow vest' protest Scuffles in Paris during 'yellow vest' protest
- December 15, 2018

But many members of the " yellow vest " movement are determined to protest for a fifth weekend, despite pleas by the government to end the protests following the terror attack in Strasbourg and President Emmanuel Macron's promise to increase the minimum wage and offer various tax breaks on wages and pensions. (more...)
China's Tencent Music debut strikes a chord with investors China's Tencent Music debut strikes a chord with investors
- December 15, 2018

The IPO shows how companies are defying a bout of stock market volatility with flotations. The company's shares opened at $14.10, or 8.5 percent above their initial public offering price of $13 per share, giving Tencent a market capitalization of about $23 billion - on par with Swedish peer Spotify Technology SA's current valuation. (more...)
Ontario plans licence lottery in ’phased approach’ to retail cannabis stores Ontario plans licence lottery in ’phased approach’ to retail cannabis stores
- December 14, 2018

In the initial phase up to 25 licences will be issued so operators can open for business on April 1, 2019 and stay open. There were to be no caps on the number of stores when the retail model launched, but the government's legislation allowed for flexibility when it came to the concentration of stores in individual markets. (more...)
Vitaminwater offers $100,000 to ditch your smartphones for year Vitaminwater offers $100,000 to ditch your smartphones for year
- December 14, 2018

Vitamin Water is willing to take that bet . According to the rules, the potential victor can not use a smartphone or tablet of any kind for 365 days. Laptops and desktop computers are OK to use, as are voice-activated devices like Google Home or Amazon Echo. For more details on the phone-free contest, visit Vitaminwater's website here. (more...)
This is Why Most iPhones Will No Longer Be Available in China This is Why Most iPhones Will No Longer Be Available in China
- December 14, 2018

Meanwhile, Apple said it will pursue a legal response in court and accuses Qualcomm of playing dirty by asserting a patent that had already been invalidated by worldwide courts, and other patents that it had never before used. While the ban is only limited to China, it's another chapter in the ongoing and messy legal saga between the two tech giants, which resulted in Apple dumping Qualcomm's (superior) cellular modems earlier this year. (more...)
Japan's top 3 telecom operators to exclude Huawei, ZTE network equipment Japan's top 3 telecom operators to exclude Huawei, ZTE network equipment
- December 14, 2018

Currently, SoftBank is the only major telecom provider in Japan that uses Huawei and ZTE equipment for its 4G network, according to Nikkei , so the announcement to drop the two Chinese suppliers for 5G could potentially delay Softbank's rollout of 5G services-given that the transition from 4G to 5G involves some upgrading of existing 4G networks. (more...)
Trump’s DHS issues weird statement in broken English about border wall Trump’s DHS issues weird statement in broken English about border wall
- December 14, 2018

Trump often asked supporters as a rallying cry on the campaign trail. "Maybe he doesn't understand how a trade agreement works". The president, however, did not mention the subject during a telephone conversation with his Mexican counterpart, Andres Manuel Lopez Obrador, on Thursday. (more...)
Human Heart Found Aboard Southwest Airlines Flight, Forcing Plane to Turn Around Human Heart Found Aboard Southwest Airlines Flight, Forcing Plane to Turn Around
- December 14, 2018

Once on the ground, the flight was taken out of service due to an unrelated mechanical issue. A different plane was brought in to carry passengers on to Dallas. A passenger on the flight told the Times that his fellow passengers were initially stunned by the news. It's not known whether or not someone's life was in danger because of the mishap or if the heart made it to its intended recipient, according to the report. (more...)
Apple is planning a $1B campus in Austin Apple is planning a $1B campus in Austin
- December 13, 2018

The company says it is on track to meet its United States jobs target, after it created 6,000 jobs in 2018. The Austin campus will include 50 acres of open space and will be powered by 100 percent renewable energy, the company said. They refused to identify the company the incentives were targeting, but said a company would have to invest at least $1 billion and create at least 3,000 jobs to qualify. (more...)
Minimum Wage rises in United Kingdom, biggest in decade Minimum Wage rises in United Kingdom, biggest in decade
- December 13, 2018

United Kingdom economic growth slowed in October as vehicle sales went into reverse, while factory output stalled amid heightened uncertainty over Brexit . This is benefitting people across the country, with nearly 400,000 more people in work in the a year ago. The Minister of State for Employment , Alok Sharma, has welcomed the best job figures on record - with 32.48 million people in work in the United Kingdom, more than ever before. (more...)
China orders up to 2 million tons of American soybeans, U.S. says China orders up to 2 million tons of American soybeans, U.S. says
- December 13, 2018

The 40% rate is a retaliatory measure in response to USA tariffs on Chinese-made goods. "Firstly we had news that China was considering reducing tariffs on us vehicle, then the Huawei CFO was released on bail and then Trump said could he intervene in the case if it helped secure a trade deal". (more...)
Theresa May to face confidence vote Theresa May to face confidence vote
- December 13, 2018

In footage from the meeting, the Conservative politicians find out Mrs May has won. By the time of the vote, Mrs May's survival looked assured, with the tally of Tory MPs publicly declaring they would support her passing the threshold of 159 needed to secure her position. (more...)
House passes farm bill, sending it to Trump’s desk House passes farm bill, sending it to Trump’s desk
- December 13, 2018

(more...)
Kotex tampons recalled after reports of product unraveling inside body Kotex tampons recalled after reports of product unraveling inside body
- December 13, 2018

The tampons were distributed to stores across North America over the last two years, between October 17, 2016 and October 23, 2018. Consumers have reported tampons unraveling and/or coming apart upon removal, leading some users to seek medical attention to remove tampon pieces left in the body. (more...)
British PM likely to win vote of no confidence: media reports British PM likely to win vote of no confidence: media reports
- December 12, 2018

The result is due around 9 pm (2100 GMT). European Union leaders have often supplemented agreements with political declarations that clarify their interpretation of elements of an accord or provide assurances about how parts of any deal might work. (more...)
Former revenue secretary Shaktikanta Das assumes charge as RBI Governor Former revenue secretary Shaktikanta Das assumes charge as RBI Governor
- December 12, 2018

It's an honour and great opportunity to serve RBI. "The policy of the RBI normally shows how the country will act in terms of spending, and right now, because his [Urijit Patel's] departure was so sudden, nobody knows what the plan for the future is", said one official, speaking to Times of Oman. (more...)
US energy secretary meets Saudi counterpart after OPEC cuts US energy secretary meets Saudi counterpart after OPEC cuts
- December 12, 2018

The oil cut agreement is expected to lower the glut of supply in the global oil market and bring crude prices up, which have fallen by more than 30 percent since October. Citi, meanwhile, sees oil going nowhere in 2019 and staying at $60 a barrel. Brent crude oil futures fell $1.02 on the day to $60.65 a barrel by 1045 GMT, while US futures lost 98 cents to trade at $51.63 a barrel. (more...)
Edward Snowden urges Google to terminate controversial work in China Edward Snowden urges Google to terminate controversial work in China
- December 12, 2018

Are you with us or against us? An afternoon recap of the day's most important business news, delivered weekdays. "Are America's technology companies serving as instruments of freedom or instruments of control?" the California Republican asked. (more...)

« previous 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154 155 156 157 158 159 160 161 162 163 164 165 166 167 168 169 170 171 172 173 174 175 176 177 178 179 180 181 182 183 184 185 186 187 188 189 190 191 192 193 194 195 196 197 198 199 200 201 202 203 204 205 206 207 208 209 210 211 212 213 214 215 216 217 218 219 220 221 222 223 224 225 226 227 228 229 230 231 232 233 234 235 236 237 238 239 240 241 242 243 244 245 246 247 248 249 250 251 252 253 254 255 256 257 258 259 260 261 262 263 264 265 266 267 268 269 270 271 272 273 274 275 276 277 278 279 280 281 282 283 284 285 286 287 288 289 290 291 292 293 294 295 296 297 298 299 300 301 302 303 304 305 306 307 308 309 310 311 312 313 314 315 316 317 318 319 320 321 322 323 324 325 326 327 328 329 330 331 332 333 334 335 336 337 338 339 340 341 342 343 344 345 346 347 348 349 350 351 352 353 354 355 356 357 358 359 360 361 362 363 364 365 366 367 368 369 370 371 372 373 374 375 376 377 378 379 380 381 382 383 384 385 386 387 388 389 390 391 392 393 394 395 396 397 398 399 400 401 402 403 404 405 406 407 408 409 410 411 412 413 414 415 416 417 418 419 420 421 422 423 424 425 426 427 428 429 430 431 432 433 434 435 436 437 438 439 440 441 442 443 444 445 446 447 448 449 450 451 452 453 454 455 456 457 458 459 460 461 462 463 464 465 466 467 468 469 470 471 472 473 474 475 476 477 478 479 480 481 482 483 484 485 486 487 488 489 490 491 492 493 494 495 496 497 498 499 500 501 502 503 504 505 506 507 508 509 510 511 512 513 514 515 516 517 518 519 520 521 522 523 524 525 526 527 528 529 530 531 532 533 534 535 536 537 538 539 540 541 542 543 544 545 546 547 548 549 550 551 552 553 554 555 556 557 558 559 560 561 562 563 564 565 566 567 568 569 570 571 572 573 574 575 576 577 578 579 580 581 582 583 584 585 586 587 588 589 590 591 592 593 594 595 596 597 598 599 600 601 602 603 604 605 606 607 608 609 610 611 612 613 614 615 616 617 618 619 620 621 622 623 624 625 626 627 628 629 630 631 632 633 634 635 636 637 638 639 640 641 642 643 644 645 646 647 648 649 650 651 652 653 654 655 656 657 658 659 660 661 662 663 664 665 666 667 668 669 670 671 672 673 674 675 676 677 678 679 680 681 682 683 684 685 686 687 688 689 690 691 692 693 694 695 696 697 698 699 700 701 702 703 704 705 706 707 708 709 710 711 712 713 714 715 716 717 718 719 720 721 722 723 724 725 726 727 728 729 730 731 732 733 734 735 736 737 738 739 740 741 742 743 744 745 746 747 748 749 750 751 752 753 754 755 756 757 758 759 760 761 762 763 764 765 766 767 768 769 770 771 772 773 774 775 776 777 778 779 780 781 782 783 784 785 786 787 788 789 790 791 792 793 794 795 796 797 798 799 800 801 802 803 804 805 806 807 808 809 810 811 812 813 814 815 816 817 818 819 820 821 822 823 824 825 826 827 828 829 830 831 832 833 834 835 836 837 838 839 840 841 842 843 844 845 846 847 848 849 850 851 852 853 854 855 856 857 858 859 860 861 862 863 864 865 866 867 868 869 870 871 872 873 874 875 876 877 878 879 880 881 882 883 884 885 886 887 888 889 890 891 892 893 894 895 896 897 898 899 900 901 902 903 904 905 906 907 908 909 910 911 912 913 914 915 916 917 918 919 920 921 922 923 924 925 926 927 928 929 930 931 932 933 934 935 936 937 938 939 940 941 942 943 944 945 946 947 948 949 950 951 952 953 954 955 956 957 958 959 960 961 962 963 964 965 966 967 968 969 970 971 972 973 974 975 976 977 978 979 980 981 982 983 984 985 986 987 988 989 990 991 992 993 994 995 996 997 998 999 1000 1001 1002 1003 1004 1005 1006 1007 1008 1009 1010 1011 1012 1013 1014 1015 1016 1017 1018 1019 1020 1021 1022 1023 1024 1025 1026 1027 1028 1029 1030 1031 1032 1033 1034 1035 1036 1037 1038 1039 1040 1041 1042 1043 1044 1045 1046 1047 1048 1049 1050 1051 1052 1053 1054 1055 1056 1057 1058 1059 1060 1061 1062 1063 1064 1065 1066 1067 1068 1069 1070 1071 1072 1073 1074 1075 1076 1077 1078 1079 1080 1081 1082 1083 1084 1085 1086 1087 1088 1089 1090 1091 1092 1093 1094 1095 1096 1097 1098 1099 1100 1101 1102 1103 1104 1105 1106 1107 1108 1109 1110 1111 1112 1113 1114 1115 1116 1117 1118 1119 1120 1121 1122 1123 1124 1125 1126 1127 1128 1129 1130 1131 1132 1133 1134 1135 1136 1137 1138 1139 1140 1141 1142 1143 1144 1145 1146 1147 1148 1149 1150 1151 1152 1153 1154 1155 1156 1157 1158 1159 1160 1161 1162 1163 1164 1165 1166 1167 1168 1169 1170 1171 1172 1173 1174 1175 1176 1177 1178 1179 1180 1181 1182 1183 1184 1185 1186 1187 1188 1189 1190 1191 1192 1193 1194 1195 1196 1197 1198 1199 1200 1201 1202 1203 1204 1205 1206 1207 1208 1209 1210 1211 1212 1213 1214 1215 1216 1217 1218 1219 1220 1221 1222 1223 1224 1225 1226 1227 1228 1229 1230 1231 1232 1233 1234 1235 1236 1237 1238 1239 1240 1241 1242 1243 1244 1245 1246 1247 1248 1249 1250 1251 1252 1253 1254 1255 1256 1257 1258 1259 1260 1261 1262 1263 1264 1265 1266 1267 1268 1269 1270 1271 1272 1273 1274 1275 1276 1277 1278 1279 1280 1281 1282 1283 1284 1285 1286 1287 1288 1289 1290 1291 1292 1293 1294 1295 1296 1297 1298 1299 1300 1301 1302 1303 1304 1305 1306 1307 1308 1309 1310 1311 1312 1313 1314 1315 1316 1317 1318 1319 1320 1321 1322 1323 1324 1325 1326 1327 1328 1329 1330 1331 1332 1333 1334 1335 1336 1337 1338 1339 1340 1341 1342 1343 1344 1345 1346 1347 1348 1349 1350 1351 1352 1353 1354 1355 1356 1357 1358 1359 1360 1361 1362 1363 1364 1365 1366 1367 1368 1369 1370 1371 1372 1373 1374 1375 1376 1377 1378 1379 1380 1381 1382 1383 1384 1385 1386 1387 1388 1389 1390 1391 1392 1393 1394 1395 1396 1397 1398 1399 1400 1401 1402 1403 1404 1405 1406 1407 1408 1409 1410 1411 1412 1413 1414 1415 1416 1417 1418 1419 1420 1421 1422 1423 1424 1425 1426 1427 1428 next »