Money


Oil rebounds on fresh hopes for US-China trade deal Oil rebounds on fresh hopes for US-China trade deal
- November 07, 2019

The American Petroleum Institute (API) reported crude stockpiles increased by 4.26 million barrels last week, according to people familiar with the data. Negotiators are also discussing lowering the 25 percent duty on about $250 billion of imports that Trump imposed past year, the people said. Data Wednesday showed Germany's service sector barely grew in October, while euro zone business activity expanded slightly faster than expected, but remained close to stagnation. (more...)
Bank of England keeps rates on hold ahead of U.K. election Bank of England keeps rates on hold ahead of U.K. election
- November 07, 2019

The rate-setting committee has been reluctant to move interest rates for over a year given the huge uncertainty surrounding Brexit . The Bank of England's Monetary Policy Committee (MPC) sets monetary policy to meet the 2% inflation target, and in a way that helps to sustain growth and employment. (more...)
United Kingdom drone registration opens United Kingdom drone registration opens
- November 07, 2019

All drones weighing more than 250g must be registered with the country's Civil Aviation Authority by November 30th. Around 130,000 owners and operators of drones in Britain were told Tuesday that they would have to register their flying machines by the end of November or face a fine of up to 1,000 pounds (1,289 USA dollars). (more...)
Bitcoin Price Rally in December 2017 Was Orchestrated by One Whale: Research Bitcoin Price Rally in December 2017 Was Orchestrated by One Whale: Research
- November 07, 2019

In 2018, John Griffin, professor at the University of Texas , and Amin Shams, assistant professor at the Ohio State University, published a paper that claimed the Bitcoin astronomical gain in late 2017 was the result of manipulation. Tether's general counsel Stuart Hoegner denied the claims, saying that the academics' paper was "foundationally flawed" because it was based on an insufficient data set. (more...)
Airbnb to verify 7 million listings after 'party house' shooting Airbnb to verify 7 million listings after 'party house' shooting
- November 07, 2019

Meanwhile, the news website Vice published an investigation into Airbnb scammers who posted inaccurate listings and then pressured guests into staying at properties they did not reserve. The company has also tapped Charles Ramsey, former chief of the Philadelphia and Washington, D.C. police departments, and Ronald Davis, the former chief of the East Palo Alto police department, to advise the projects. (more...)
China's rules restrict kids to 90 min. of gaming a day China's rules restrict kids to 90 min. of gaming a day
- November 07, 2019

No more than 90 minutes of gaming on weekdays. Six measures were outlined in the guidelines , aimed at preventing minors "from indulging in online games". Video games have become a popular target. In 2018, Jinping called for officials to take action on the large amount of nearsighted children. In addition, gaming should also fall between 8 am and 10 pm. (more...)
Starbucks is Giving Away Reusable Cups on Thursday Starbucks is Giving Away Reusable Cups on Thursday
- November 07, 2019

What's in the cup is most important, but what's on the cup might be a traffic driver as well. You'll recall the controversy of four Yules past , when Starbucks went minimalist with an all-red holiday cup, a blank canvas that encouraged customers "to tell their Christmas stories in their own way". (more...)
Elon Musk sets official date for unveil of Elon Musk sets official date for unveil of "Cyber-truck" electric ute
- November 07, 2019

Tesla's CEO Elon Musk said Wednesday that the automaker would reveal its pickup truck this month. Perhaps not coincidentally, the unveiling date also happens to coincide with the LA Auto Show. Musk has made many lofty claims about the truck in the past-including that he wanted it to beat the functionality of the Ford F-150 and yet be a better sports auto than the Porsche 911. (more...)
SoftBank Reports First Quarterly Loss in Over Decade Over Vision Fund Woes SoftBank Reports First Quarterly Loss in Over Decade Over Vision Fund Woes
- November 07, 2019

In October, SoftBank put together a $9.5 billion bailout for WeWork, consisting of a mix of debt and equity. Now, the losses call into question billionaire Masayoshi Son's investment strategy just as he's trying to raise an even larger successor to his original mega fund. (more...)
Oil surges as China Pushes Tariff Rollbacks Oil surges as China Pushes Tariff Rollbacks
- November 06, 2019

OPEC supply has declined as a result of voluntary curbs and USA sanctions on OPEC members Venezuela and Iran. OPEC's output recovered in October from an eight-year low after a rapid rebound in Saudi Arabia's production from attacks on its oil infrastructure in September, offsetting losses in Ecuador and voluntary cuts under the pact. (more...)
Ford Mustang Lithium: electric muscle revealed at SEMA Ford Mustang Lithium: electric muscle revealed at SEMA
- November 06, 2019

Ford unveiled a fully electric Mustang with over 900 horsepower at a vehicle show in Las Vegas Wednesday. Ford has unveiled a one-off electric Mustang prototype, which can produce 888bhp and features a six-speed manual gearbox, at the SEMA Show in Las Vegas. (more...)
Facebook says Libra needs 'decades' to take hold Facebook says Libra needs 'decades' to take hold
- November 06, 2019

The social media firm said in June it planned to launch its Libra digital currency next year. As per documents seen by Reuters , the proposed draft suggests that said digital currency could be directly run out of the central bank's ledger, eliminating the need for commercial banks, which is bound to be heavily contested by the financial sector, November 5, 2019. (more...)
Germany's Lufthansa cancels 1300 flights because of strike Germany's Lufthansa cancels 1300 flights because of strike
- November 06, 2019

The 48-hour stoppage called by the UFO flight attendants' union is due to start at 2300 GMT on Wednesday and last until 2300 GMT on Friday. Immediately after the verdict was announced a company spokesman said that an appeal would be lodged. (more...)
How major U.S. stock indexes fared Tuesday How major U.S. stock indexes fared Tuesday
- November 06, 2019

There was no sign whether President Donald Trump would agree, which raised the possibility of a new breakdown in negotiations. At the same time, citing people briefed on the discussions, Bloomberg reported that Chinese and United States officials were "wrangling" over to what degree Washington needed to roll-back previous trade tariffs. (more...)
Kia's Futuron concept previews a vehicle that will never be built Kia's Futuron concept previews a vehicle that will never be built
- November 06, 2019

Kia on Tuesday unveiled a striking concept that previews several elements of the Korean automaker's future plans. Making its public debut at the China International Import Expo in Shanghai, the concept takes the form of a two-door SUV with a coupe-style curved roofline. (more...)
Tesla Now Detects Traffic Cones to Provide a Safer Trip Tesla Now Detects Traffic Cones to Provide a Safer Trip
- November 06, 2019

The most interesting part of the update is that it will show the traffic cones specifically. Strangely enough, it isn't able to detect cones that are used to close off lanes for safety or traffic management reasons. If Navigate on Autopilot is present and enabled, equipped cars are able to suggest or even make a lane change as necessary. As always, Tesla urges drivers to keep their eyes on the road and hands on the wheel even with Autopilot engaged, as it isn't the fully automated driving that ... (more...)
Under no obligation to disclose whistleblower letter: Infy Under no obligation to disclose whistleblower letter: Infy
- November 06, 2019

The audit committee had retained the regulations firm of Shardul Amarchand Mangaldas & Co to behavior an self reliant investigation, and the firm's board would to comprehend acceptable steps based on the tip outcomes of the investigation, the firm talked about. (more...)
Gold prices increases, silver follows at Rs 46,650 per kilograms Gold prices increases, silver follows at Rs 46,650 per kilograms
- November 06, 2019

USA gold futures were up 0.2% at $1,486.90. In the worldwide market, both gold and silver prices were quoting lower at United States dollars 1,509 per ounce and USD 18.08 an ounce. "(Trade talks) are unpredictable, as long as the deal is not complete and in paper it is closed, uncertainty is going to be there, because by now we have seen them starting talks and stopping mid way several times", Kedia said. (more...)
Visitors to China get Alipay access Visitors to China get Alipay access
- November 06, 2019

Alipay competes with WeChat Pay in China's cashless economy. The Alibaba-affiliated fintech group has rolled out an global version of Alipay , allowing tourists to connect overseas bank cards to the popular mobile payment service for both online and offline transactions. (more...)
Canadian Financial Regulators Take Action Against Einstein Canadian Financial Regulators Take Action Against Einstein
- November 06, 2019

Cryptocurrency shopping and selling build of living Einstein Exchange , basically based in Vancouver reputedly shut up store at the tip of ultimate month, despite telling the British Columbia Securities Commission ( BCSC ) that it'd be shutting down within two months, The Province experiences . (more...)

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