Money


GM poised to lay off more than 4000 workers on Monday GM poised to lay off more than 4000 workers on Monday
- February 03, 2019

Along with letting workers go, GM is also closing four manufacturing plants in the United States and another in Canada. In November, GM announced it would halt production at plants in Detroit , Ohio, Michigan, Maryland, and Ontario, while cutting as many as 14,000 jobs as part of its most ambitious restructuring plan in a decade. (more...)
WhichCar Range Rover cancels spendy SV Coupe WhichCar Range Rover cancels spendy SV Coupe
- February 03, 2019

Automotive retailer Donnelly Group has opened a new £6m Jaguar Land Rover showroom in Dungannon. Land Rover has refused to say how many orders were placed for the Range Rover SV Coupe , but the news comes shortly after it announced 4500 redundancies as part of a plan to save £2.5 billion over the next 18 months. (more...)
US envoy to EU: Customers should avoid Huawei due to security concerns US envoy to EU: Customers should avoid Huawei due to security concerns
- February 03, 2019

Canadian Prime Minister Justin Trudeau says Canada has an independent judiciary that will decide Meng's case "without any political involvement or interference". January 22: China demands the USA withdraw its arrest warrant for Meng and not make an extradition request. Wanzhou has been in Canada's custody since last December and the US has sought her extradition, further angering Beijing. (more...)
BP to expand emissions disclosure on oil investments BP to expand emissions disclosure on oil investments
- February 03, 2019

A large group of investors, including Aviva, Hermes, Legal & General and the Church of England's investment fund, have been pressuring BP and other oil groups on the issue for several years. "We are determined to advance the energy transition while also growing shareholder value", Lund said. Companies like BP are beginning to recognize the need to take action to survive in a low carbon economy and retain their competitive position. (more...)
Reliance Communications goes belly up, to move NCLT Reliance Communications goes belly up, to move NCLT
- February 03, 2019

The company's board, which met on Friday, has made a decision to move the National Company Law Tribunal ( NCLT ) under the Insolvency Bankruptcy Code, 2016. Under the NCLT process, interim resolution professionals (IRPs) will be nominated by the tribunal to run the company and its units and oversee a bidding process to sell the remaining assets within a maximum 270 days. (more...)
ScS no longer in the running to acquire Sofa.com ScS no longer in the running to acquire Sofa.com
- February 03, 2019

ScS had been up against Ashley as furniture company had 27 concessions in House of Fraser , that Ashley purchased in August previous year when the department store went in to administration. Since then, Ashley has bought Evans Cycles out of administration, while he has reportedly shown an interest in snapping up HMV and Patisserie Valerie, both of which are on the verge of collapse. (more...)
US Employers Add 304,000 Jobs in January US Employers Add 304,000 Jobs in January
- February 03, 2019

The positive payroll numbers were somewhat mediated by revisions to previous months that shaved off 70,000 jobs. Now that the shutdown has ended, these people will go back to being counted as having just one job beginning in February.And for most of January, the weather was relatively warm in much of the United States, which likely boosted construction employment, which rose 52,000, the most in almost a year.The strong job market, though, is encouraging more people who weren't working to ... (more...)
Amazon Grows Sales 20 Percent in Fourth Quarter 2018 Amazon Grows Sales 20 Percent in Fourth Quarter 2018
- February 03, 2019

Those profits also help fuel Amazon's growing devices business, which includes smart-home and connected-car gadgets that operate on Amazon's voice-activated Alexa platform. Advertising and AWS are Amazon's fastest-growing segments, and the two are increasingly being used in tandem by marketing technology companies and ad agencies. (more...)
BP backs shareholder initiative on climate plan disclosure | AP business
- February 03, 2019

Based on BP's current disclosures it was not possible to evaluate the extent to which the company's investments in fossil fuel reserves or resources were consistent with the Paris goals, they added . The two sides disagreed on whether the company had shown it was consistent with the goals of the climate accord. "The additional reporting specified in the resolution will build on BP's history of progressive action in this area". (more...)
BMW 7 Series Plug-in Hybrids bring extra range and performance BMW 7 Series Plug-in Hybrids bring extra range and performance
- February 03, 2019

BMW presents a particularly contemporary and technologically advanced form of automotive luxury. The 745Le xDrive clocks a marginally improved 0-100km/h time of 5.1 seconds, over the 745e's 5.2 seconds. In Electric mode, the vehicle can reach up to speeds of 140km/h on battery power alone. The lithium-ion battery also serves to power the on-board network. (more...)
China factory activity contracts China factory activity contracts
- February 03, 2019

The euro zone has been rocked by protests in France, an auto sector struggling to regain momentum, political strife and rising trade protectionism. Japan's Nikkei 225 index rose less than 0.1 per cent to 20,788.39 after the country's unemployment rate unexpectedly fell to 2.4 per cent in December a year ago from 2.5 per cent the month before. (more...)
GE expands renewable energy business portfolio to accelerate growth GE expands renewable energy business portfolio to accelerate growth
- February 03, 2019

The announcement will eliminate a layer of management mostly based in Chicago, with minimal reduction in staff, Reuters reported. The Renewable Energy Project Development Office (REPDO) of Saudi Arabia's Ministry of Energy, Industry and Mineral Resources (MEIM) has launched Expressions of Interest (EOIs) for seven solar PV projects during the launch of the National Industrial Development and Industrials Program (NILDP). (more...)
Confusion and delays at airport after TSA agent falls to his death Confusion and delays at airport after TSA agent falls to his death
- February 03, 2019

Orlando police said the person had jumped from the Hyatt Regency Hotel , which is part of the airport's main terminal. In a statement, TSA officials said, "Our thoughts and prayers go out to the officer's family, friends and everyone in our TSA family". (more...)
Italy back in recession as eurozone growth falls Italy back in recession as eurozone growth falls
- February 02, 2019

Italy's Economy Minister Giovanni Tria on Thursday said the country's response its decline into recession in the second half of past year must be to increase public investment, adding that all European Union countries should seek to bolster growth. (more...)
New Unilever CEO inherits disappointing sales performance New Unilever CEO inherits disappointing sales performance
- February 02, 2019

Previous year the company abandoned plans to leave its United Kingdom headquarters and move its primary listing to the Netherlands following a backlash from shareholders. It said it remained on track for its 2020 goals. "There's nothing new about the intention, but so far at least the reality has failed to live up to it", said analysts at RBC Capital Markets , referring to Jope's stated focus on accelerating growth. (more...)
UK Citizens Will Still Travel Visa Free Through Europe After Brexit UK Citizens Will Still Travel Visa Free Through Europe After Brexit
- February 02, 2019

A statement explaining the decision said: "EU ambassadors today agreed that, following Brexit , UK citizens coming to the Schengen area for a short stay (90 days in any 180 days) should be granted visa free travel". The EU document granting Britons visa-free access to the bloc in the case of a no-deal Brexit made a distinction between those living in Britain and those who are citizens of the British Overseas Territory. (more...)
Tesla begins sales of cheaper Model 3 auto variant in China Tesla begins sales of cheaper Model 3 auto variant in China
- February 01, 2019

Tesla posted a $ 139 million profit in the fourth quarter of 2018, the first time the electric auto company has recorded back-to-back profits, in its 15 year history. The company says it is snagging customers from beyond conventional notions of its segment. So no, Musk did not " just " release all of Tesla's patents in an attempt to fight climate change. (more...)
Federal Bureau of Investigation catches another man allegedly stealing Apple self-driving auto secrets Federal Bureau of Investigation catches another man allegedly stealing Apple self-driving auto secrets
- February 01, 2019

Earlier last week, Apple pushed out over 200 employees from its electric vehicle project codenamed "Titan" to different parts of the company. Furthermore, it said, Chen admitted to backing up his Apple-supplied work computer onto a personal hard drive, which is a big no-no per Apple's security policy. (more...)
India’s New Online Shopping Policy Spells Bad News for Buyers India’s New Online Shopping Policy Spells Bad News for Buyers
- February 01, 2019

E-marketplace majors viz. Amazon and Walmart-backed Flipkart now have no option but to change their approach of doing business in India as the deadline to comply with the government's new clarification on the policy for the foreign direct investment ( FDI ) in e-commerce ended on January 31, 2019. (more...)
Recall of infant ibuprofen expanded Recall of infant ibuprofen expanded
- February 01, 2019

In rare cases, infants exposed to too much ibuprofen may be vulnerable to permanent kidney damage. The impacted brands include CVS Health and Equate, which is sold at Walmart. Adverse effects that could be experienced include nausea, vomiting, epigastric pain, or more rarely diarrhea. The company hasn't received any reports of adverse effects related to the recalled products. (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 1429 1430 1431 1432 1433 1434 1435 1436 next »