Money


Burger King impossible whopper: Burger King launches vegan burger Burger King impossible whopper: Burger King launches vegan burger
- April 02, 2019

Louis area. (If you don't like it, you can chalk it up to St. Louis' apparently very disturbing food culture ). The chain has big plans to roll out the Impossible Whopper nationwide in the U.S. The burger is a fully vegetarian, meat-free take on the classic Whopper. In an advertisement for the meatless burger, Burger King says you won't taste the difference. (more...)
Saudis hacked Amazon CEO Jeff Bezos’s phone, company's security chief claims Saudis hacked Amazon CEO Jeff Bezos’s phone, company's security chief claims
- April 02, 2019

The Saudi embassy in Washington didn't immediately respond to a request for comment. In January, the United States tabloid the "National Enquirer" published a series of messages between Mr Bezos and Ms Sanchez shortly after he announced his planned divorce from wife of 25 years, MacKenzie Bezos. (more...)
Saudi Aramco world's most profitable firm Saudi Aramco world's most profitable firm
- April 02, 2019

For context, Apple's earnings shot up to R851 billion previous year while Amazon brought in R141 billion in profits making Aramco's figures stratospheric in comparison. Aramco told potential bondholders it generated operating cash flow of $121 billion in 2018. That's getting in the way of Aramco achieving a much higher credit rating . (more...)
Erdogan Pays Electoral Price for Turkey's Tumbling Economy Erdogan Pays Electoral Price for Turkey's Tumbling Economy
- April 01, 2019

For his supporters, Erdogan remains the strong leader they believe Turkey needs and they tout the country's economic development over the years he and the AKP have been in power. One per cent of the votes were still to be counted. Much of the AKP's success has been down to Erdogan's perceived economic prowess, but days before the vote, the Turkish lira was sliding again, provoking memories of the 2018 currency crisis that badly hurt Turkish households. (more...)
Facebook to explain decisions of news feed algorithms Facebook to explain decisions of news feed algorithms
- April 01, 2019

Facebook has actually added a " Why am I seeing this ad " feature quite a while back but now it's admittedly doing something better. Facebook's News Feed changes were supposed to make us feel good. Examples shared by Facebook include "you've liked [this friend's] posts more than posts from others", "you've commented on posts with photos more than other media types" or "this post in [this group] is popular compared to other posts you've seen". (more...)
Brexit stockpiling boosts production in UK Brexit stockpiling boosts production in UK
- April 01, 2019

Today will see a further series of indicative votes that may, or may not, produce a cross-party consensus that the Commons can back, though its failure to do so last week does not bode well. MPs will once again take control of parliamentary time from the Government and numerous ideas have returned for a second attempt. If repeated in an election, that would leave Labour the largest party, although shy of an overall majority. (more...)
Airlines experiencing technical issues, have delays today Airlines experiencing technical issues, have delays today
- April 01, 2019

Southwest, Delta and American Airlines acknowledged the issues in tweets to customers beginning in the early hours. The agency said United, JetBlue and Alaska Airlines were also affected. By 7:15 a.m., Southwest told customers they had "received word that the problem has been resolved". A reporter from our sister station in New York City tweeted a statement from Southwest, confirming their flights resumed around 6:05 a.m. (more...)
Jeep Gladiator Starts At $33,545, Arrives At Dealers This Summer Jeep Gladiator Starts At $33,545, Arrives At Dealers This Summer
- April 01, 2019

Army veteran and Purple Heart recipient Noah Galloway announces the Jeep Gladiator Launch Edition and the Find Your Freedom contest. The 2020 Jeep Gladiator Launch Edition is based on the Rubicon, but it features unique 17-inch gloss black aluminum wheels wrapped with 33-inch Falken Wildpeak all-terrain tires. (more...)
Petrol, diesel prices touch nine-month high Petrol, diesel prices touch nine-month high
- April 01, 2019

Their total contribution to the fuel price increase is about 26c/l in Gauteng, while the global factors amounted to about 106c/l on petrol and 56c/l on diesel. Over the last two months, the government started increasing petroleum levy rates to partially recoup a major revenue shortfall faced by the Federal Board of Revenue (FBR). (more...)
Huawei profits increase by 25% to $8.8 billion Huawei profits increase by 25% to $8.8 billion
- March 31, 2019

Chinese smartphone maker Huawei lashed out at Uncle Sam Friday after reporting a record $105 billion in sales for 2018. Its total revenue rose almost 20 percent to about 721 billion yuan, marking the fastest pace of growth in two years. (more...)
AstraZeneca strikes $6.9bn deal with Japanese drugmaker AstraZeneca strikes $6.9bn deal with Japanese drugmaker
- March 31, 2019

AstraZeneca will raise 3.5 billion USA dollars (£2.7 billion) via a share placing to help bankroll the deal. AstraZeneca's collaboration with Daiichi Sankyo, meanwhile, significantly escalates the company's investment in cancer. While the two companies are to split up the globe in booking sales - Daiichi is to take Japan, the U.S. and parts of Europe, while AstraZeneca gets China, Australia, Canada and Russian Federation - global profits are to be equally shared, they said. (more...)
US, Chinese negotiators resume 'productive' trade talks US, Chinese negotiators resume 'productive' trade talks
- March 31, 2019

Treasury Secretary Steven Mnuchin as they pose for a group photo at Diaoyutai State Guesthouse in Beijing Friday, March 29, 2019. A new round of face-to-face trade talks between Trump administration officials and their Chinese counterparts kicked off on Thursday, and signs indicate progress is being made to craft a deal that can satisfy the United States president. (more...)
Google axes controversial gay conversion therapy app Google axes controversial gay conversion therapy app
- March 31, 2019

The app was from the group Living Hope Ministries , which promotes "committed, monogamous, heterosexual" relationships, per The Hill . The Human Rights Campaign , the largest U.S. On its website Living Hope Ministries said it aimed to help people "struggling with same gender attraction". Truth Wins Out also claimed that the app suggests the " gay lifestyle" is "spiritually and physically harmful". (more...)
US fourth-quarter growth revised down to 2.2 percent US fourth-quarter growth revised down to 2.2 percent
- March 30, 2019

The real GDP expanded 2.9 percent in 2018, falling short of the Trump administration's 3-percent annual growth target. The US economy tapped the brakes at the end of 2018, as growth slowed from the torrid pace fueled by tax cuts, likely dashing President Donald Trump's hopes for pushing GDP into overdrive. (more...)
Lyft valued at $34.3b in first ride-hailing IPO Lyft valued at $34.3b in first ride-hailing IPO
- March 30, 2019

At the flotation price, Mr Green's stake was worth about $600m while Mr Zimmer's was valued at $415.8m. It paves the way for other Silicon Valley companies seeking to float in the stock market this year, including Pinterest Inc, Slack Technologies Inc and Postmates Inc. (more...)
Geely buys 50 percent of Smart from Daimler Geely buys 50 percent of Smart from Daimler
- March 30, 2019

In the future, we are looking forward to working with all partners to sustain our success in China and worldwide. After racking up losses from Smart since its launch in 1998, Daimler is betting young, city-dwelling consumers in China, the world's largest auto market, to help rejuvenate the brand. (more...)
McDonald's acquires data firm, will soon use artificial intelligence to customise menus McDonald's acquires data firm, will soon use artificial intelligence to customise menus
- March 30, 2019

It might promote the McFlurry or iced coffees on hot days, or suggest simpler items that are faster for employees to prepare if there's a long line waiting for instance. McDonald's has made an agreement to acquire an AI-powered platform that will enable it to develop Drive Thru menus that are nearly as smart as your smartphone. (more...)
CVS and Walgreens jump into CBD oil sales in US CVS and Walgreens jump into CBD oil sales in US
- March 30, 2019

The latest move comes after CVS Health Corp., a contending drugstore chain, introduced topicals such as slaves and creams, to several stores across eight states in March this year. Supplements and food additives that contain CBD are now banned under FDA regulations, though the agency is planning hearings on legalizing the additive in April. (more...)
BC Ferries: 'Docking issue' in Langdale causing delays BC Ferries: 'Docking issue' in Langdale causing delays
- March 29, 2019

Sailings were cancelled after the vessel became stuck after running into the dock at the Langdale terminal at around 8 a.m. Tuesday. Passengers had been on board since before 8 in the morning when they got on at Horseshoe Bay. Nearly 300 B.C. Ferries passengers spent an unwanted day on a ferry Tuesday after the Queen of Surrey smashed into a dock at the Langdale terminal. (more...)
Debenhams warns Sports Direct offer won't address funding needs Debenhams warns Sports Direct offer won't address funding needs
- March 29, 2019

The group added any proposal from Sports Direct must provide an indication of the offer price, a clear plan of how Debenhams' existing debt will be repaid and how it would address the immediate funding needs. In a statement to the stock market, the ailing department store chain said it would give "due consideration" to any firm offer from Sports Direct , which announced on Monday that it was mulling a possible cash bid. (more...)

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