Money
O'Leary lashes out at Boeing
- July 31, 2019
The carrier had previously taken the 737 MAX out of its schedule until August. Engineers were pressured to classify new features as minor rather than major changes so Boeing faced less scrutiny from USA regulator the Federal Aviation Administration, Mr Dickson said. (more...)
- July 31, 2019
The carrier had previously taken the 737 MAX out of its schedule until August. Engineers were pressured to classify new features as minor rather than major changes so Boeing faced less scrutiny from USA regulator the Federal Aviation Administration, Mr Dickson said. (more...)
Britain preparing for a no-deal Brexit
- July 31, 2019
Meanwhile, the SMMT has written a letter to new Prime Minister Boris Johnson , asking him to rule out a no-deal Brexit all together. "And we will do a new deal, a better deal that will maximise the opportunities of Brexit while allowing us to develop a new and exciting partnership with the rest of Europe based on free trade and mutual support". (more...)
- July 31, 2019
Meanwhile, the SMMT has written a letter to new Prime Minister Boris Johnson , asking him to rule out a no-deal Brexit all together. "And we will do a new deal, a better deal that will maximise the opportunities of Brexit while allowing us to develop a new and exciting partnership with the rest of Europe based on free trade and mutual support". (more...)
Asian shares higher as China-US trade talks set to resume
- July 31, 2019
With a quarter-percentage-point cut in rates at the end of the meeting on Wednesday fully priced-in, investors will monitor how Fed Chairman Jerome Powell manages debate about whether the stimulus is necessary and what that says about the attitude of the US central bank to doing more in the months ahead. (more...)
- July 31, 2019
With a quarter-percentage-point cut in rates at the end of the meeting on Wednesday fully priced-in, investors will monitor how Fed Chairman Jerome Powell manages debate about whether the stimulus is necessary and what that says about the attitude of the US central bank to doing more in the months ahead. (more...)
Capital One breach: Info on 106 million customers compromised, hacker arrested
- July 31, 2019
Although she used a VPN and TOR to hide her tracks, Thomson bragged on social media and a Slack channel about the data theft. About a million of social insurance numbers from people in Canada were stolen, as well. In July 2017, Capital One sent letters to an unspecified number of customers informing them that their data may have been compromised by one of the company's employees. (more...)
- July 31, 2019
Although she used a VPN and TOR to hide her tracks, Thomson bragged on social media and a Slack channel about the data theft. About a million of social insurance numbers from people in Canada were stolen, as well. In July 2017, Capital One sent letters to an unspecified number of customers informing them that their data may have been compromised by one of the company's employees. (more...)
Fears grow for Indian coffee tycoon who went missing near river
- July 31, 2019
The search operation is underway near Netravati river with inflatable boats being used to search the river. His family has been in the coffee industry for more than 130 years. Siddhartha, 59, whose cafe network traces its roots to the IT hub of Bengaluru in 1996, didn't return after telling his driver he was going for a walk on Monday. (more...)
- July 31, 2019
The search operation is underway near Netravati river with inflatable boats being used to search the river. His family has been in the coffee industry for more than 130 years. Siddhartha, 59, whose cafe network traces its roots to the IT hub of Bengaluru in 1996, didn't return after telling his driver he was going for a walk on Monday. (more...)
Gold Prices Gain On Jewellers' Buying: 5 Things To Know
- July 30, 2019
Without making a move, the BoJ may reinforce its commitment to keep interest rates at record lows, while the BoE may offer its assessment of the British economy's current downturn, and how it might respond in the event of a no-deal Brexit. (more...)
- July 30, 2019
Without making a move, the BoJ may reinforce its commitment to keep interest rates at record lows, while the BoE may offer its assessment of the British economy's current downturn, and how it might respond in the event of a no-deal Brexit. (more...)
Trump urges Fed to do more than a 'small rate cut'
- July 30, 2019
However, Trump's comments suggest this has not come quickly enough while hitting out at the decision to raise rates. But Fed officials say it's better to cut rates now to prevent a recession than to wait for an economic slowdown. European Central Bank President Mario Draghi last week signaled the ECB will resume easing policy this year as he declared the euro area's economic outlook was growing "worse and worse". (more...)
- July 30, 2019
However, Trump's comments suggest this has not come quickly enough while hitting out at the decision to raise rates. But Fed officials say it's better to cut rates now to prevent a recession than to wait for an economic slowdown. European Central Bank President Mario Draghi last week signaled the ECB will resume easing policy this year as he declared the euro area's economic outlook was growing "worse and worse". (more...)
Pound falls lower on no-deal Brexit prospect
- July 30, 2019
Sajid Javid, former MEP and new chancellor, told the Sunday Telegraph there would be "significant extra funding" this week to get Britain "fully ready to leave" the European Union on 31 October, with or without a deal. "This was a once-in-a-lifetime, once-in-a-generation thing, everybody was told that", he said. Johnson's ascent has placed an avowed Brexiteer in charge of the British government for the first time since the 2016 EU Brexit referendum. (more...)
- July 30, 2019
Sajid Javid, former MEP and new chancellor, told the Sunday Telegraph there would be "significant extra funding" this week to get Britain "fully ready to leave" the European Union on 31 October, with or without a deal. "This was a once-in-a-lifetime, once-in-a-generation thing, everybody was told that", he said. Johnson's ascent has placed an avowed Brexiteer in charge of the British government for the first time since the 2016 EU Brexit referendum. (more...)
LSE confirms talks on $27bn Refinitiv deal
- July 30, 2019
European shares opened lower on Monday as weak earnings from brewer Heineken and an anxious wait for an expected USA interest rate cut offset a surge in London Stock Exchange Group on its potential deal to buy financial data firm Refinitiv . (more...)
- July 30, 2019
European shares opened lower on Monday as weak earnings from brewer Heineken and an anxious wait for an expected USA interest rate cut offset a surge in London Stock Exchange Group on its potential deal to buy financial data firm Refinitiv . (more...)
EU Court Rules That Companies Using Facebook 'Like' Button Liable For Data
- July 30, 2019
That's the ruling this week from the European Court of Justice in a case involving a German online clothing retailer, called Fashion ID. Companies that use embedded Facebook 'Like' buttons will now be held responsible for the data collected and sent to the US-based social network, an European Union court has ruled. (more...)
- July 30, 2019
That's the ruling this week from the European Court of Justice in a case involving a German online clothing retailer, called Fashion ID. Companies that use embedded Facebook 'Like' buttons will now be held responsible for the data collected and sent to the US-based social network, an European Union court has ruled. (more...)
Capital One data breach involves 'tens of millions' of credit card applications
- July 30, 2019
The FBI arrested a 33-year-old tech worker named Paige A. Thompson, who goes by the name " erratic ", according to court documents . Capital One Financial Corp . The complaint says Thompson boasted in Twitter direct message about having obtained the data, saying she had "basically strapped myself with a bomb vest, [expletive] dropping capitol ones dox and admitting it". (more...)
- July 30, 2019
The FBI arrested a 33-year-old tech worker named Paige A. Thompson, who goes by the name " erratic ", according to court documents . Capital One Financial Corp . The complaint says Thompson boasted in Twitter direct message about having obtained the data, saying she had "basically strapped myself with a bomb vest, [expletive] dropping capitol ones dox and admitting it". (more...)
Chevrolet Corvette C8.R and Convertible to debut this fall
- July 30, 2019
At the Concours d'Elegance of America, he made it clear that the auto is selling extremely well. At least one executive claims the new supercar's first year of production is almost sold out already. Corvette sales and production numbers have been erratic over the years. How many people have already registered to buy the C8? The vehicle will apparently be selling out for the 2020 production year very soon. (more...)
- July 30, 2019
At the Concours d'Elegance of America, he made it clear that the auto is selling extremely well. At least one executive claims the new supercar's first year of production is almost sold out already. Corvette sales and production numbers have been erratic over the years. How many people have already registered to buy the C8? The vehicle will apparently be selling out for the 2020 production year very soon. (more...)
Tesla to soon get Netflix, YouTube streaming support: Musk
- July 30, 2019
Before you start bouncing off the walls, the feature will only work when the vehicle is stationary. However, the ability for Tesla to roll out streaming is dependent on regulators approving self-driving. Musk says that V10 will have improved highway Autopilot, better traffic light and stop sign recognition and Smart Summon. In addition to the features mentioned above, Musk also said that the new software update would also include the ability for the auto to read out messages from the ... (more...)
- July 30, 2019
Before you start bouncing off the walls, the feature will only work when the vehicle is stationary. However, the ability for Tesla to roll out streaming is dependent on regulators approving self-driving. Musk says that V10 will have improved highway Autopilot, better traffic light and stop sign recognition and Smart Summon. In addition to the features mentioned above, Musk also said that the new software update would also include the ability for the auto to read out messages from the ... (more...)
United Kingdom says European Union must compromise on Brexit deal
- July 30, 2019
Sterling tumbled to a 28-month low on Monday as Prime Minister Boris Johnson said the Brexit divorce was dead and warned that unless the European Union renegotiated, Britain would leave on October 31 without a deal. Mr Gove also added that a "n$3 o-deal is now a very real prospect" following comments from Brussels last week which rejected the possibility of re-opening debates on the withdrawal agreement. (more...)
- July 30, 2019
Sterling tumbled to a 28-month low on Monday as Prime Minister Boris Johnson said the Brexit divorce was dead and warned that unless the European Union renegotiated, Britain would leave on October 31 without a deal. Mr Gove also added that a "n$3 o-deal is now a very real prospect" following comments from Brussels last week which rejected the possibility of re-opening debates on the withdrawal agreement. (more...)
Just Eat Shares Soar
- July 30, 2019
The all-share deal would see the Amsterdam-based Takeaway .com acquire Just Eat for 731p a share, a 15% premium on Friday's closing price - creating a company with roughly 360m global takeaway orders, worth almost £7bn. Investor Cat Rock Capital Management LP has been lobbying for Just Eat to merge with a rival, arguing that consolidation would be the only way to deliver "real value". (more...)
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- July 30, 2019
The all-share deal would see the Amsterdam-based Takeaway .com acquire Just Eat for 731p a share, a 15% premium on Friday's closing price - creating a company with roughly 360m global takeaway orders, worth almost £7bn. Investor Cat Rock Capital Management LP has been lobbying for Just Eat to merge with a rival, arguing that consolidation would be the only way to deliver "real value". (more...)
Justin Sun Invites Binance’s Helen Hai To Have Lunch With Warren Buffett
- July 30, 2019
It all started when the Tron Foundation abruptly scrubbed Justin Sun's $4.57 million Thursday lunch-date with Warren Buffett , with Sun stating that he had kidney stones and would reschedule the meeting for a future date. Sun reportedly addressed these issues in a Weibo post , as per Cointelegraph. Tron launched its TRX token in 2017, raising about $70 million in an initial coin offering, and acquired San Francisco-based BitTorrent for $120 million a year ago. (more...)
- July 30, 2019
It all started when the Tron Foundation abruptly scrubbed Justin Sun's $4.57 million Thursday lunch-date with Warren Buffett , with Sun stating that he had kidney stones and would reschedule the meeting for a future date. Sun reportedly addressed these issues in a Weibo post , as per Cointelegraph. Tron launched its TRX token in 2017, raising about $70 million in an initial coin offering, and acquired San Francisco-based BitTorrent for $120 million a year ago. (more...)
Hacker gets access to 100 million Capital One credit card applications
- July 30, 2019
The vulnerability was reported to the company by a security researcher on July 17, and the breach was discovered on July 19. Other data that was obtained includes credit scores, limits, balances and "fragments of transaction data from a total of 23 days during 2016, 2017 and 2018". (more...)
- July 30, 2019
The vulnerability was reported to the company by a security researcher on July 17, and the breach was discovered on July 19. Other data that was obtained includes credit scores, limits, balances and "fragments of transaction data from a total of 23 days during 2016, 2017 and 2018". (more...)
Mylan, Pfizer's Upjohn To Merge And Create New Company
- July 29, 2019
In recent years, it has spun off the animal-health business and agreed to merge the consumer health arm into a new venture with GlaxoSmithKline Plc. The new company is expected to have 2020 revenues of $19 billion to $20 billion. Mylan NL CEO Heather Bresch waits to testify before a House Oversight and Government Reform Committee hearing on Rising Price of EpiPens at the Capitol in Washington, U.S. (more...)
- July 29, 2019
In recent years, it has spun off the animal-health business and agreed to merge the consumer health arm into a new venture with GlaxoSmithKline Plc. The new company is expected to have 2020 revenues of $19 billion to $20 billion. Mylan NL CEO Heather Bresch waits to testify before a House Oversight and Government Reform Committee hearing on Rising Price of EpiPens at the Capitol in Washington, U.S. (more...)
Opal benefits now available to contactless payments on Sydney public transport
- July 29, 2019
Transport for NSW today announced contactless payments would be "coming soon" to bus services, with Mastercard saying credit card payments would be rolled out on Opal-enabled buses from August. "Mastercard and Transport for NSW have worked closely together over the past few years, to make the commuter journey as simple as possible for public transport users", Mastercard vice president, product management, Mike Rowe, said in a statement. (more...)
- July 29, 2019
Transport for NSW today announced contactless payments would be "coming soon" to bus services, with Mastercard saying credit card payments would be rolled out on Opal-enabled buses from August. "Mastercard and Transport for NSW have worked closely together over the past few years, to make the commuter journey as simple as possible for public transport users", Mastercard vice president, product management, Mike Rowe, said in a statement. (more...)
Audi A1 gets a soft-roader sibling
- July 29, 2019
Audi Australia corporate communications manager Shaun Cleary said the A1 citycarver was now being evaluated for our market, however availability for the model would be hard regardless of whether it is brought here or not. Maps and navigation service provider HERE computes the route online with consideration of traffic conditions in a wide area. The Audi phone box perfectly integrates the smartphone into the vehicle. (more...)
- July 29, 2019
Audi Australia corporate communications manager Shaun Cleary said the A1 citycarver was now being evaluated for our market, however availability for the model would be hard regardless of whether it is brought here or not. Maps and navigation service provider HERE computes the route online with consideration of traffic conditions in a wide area. The Audi phone box perfectly integrates the smartphone into the vehicle. (more...)
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August orders for big-ticket manufactured goods up 0.4%