Money
United States retail sales rise modest 1.2pc in July, says govt
- August 17, 2020
Retail sales, which include spending at restaurants and service stations, rose 1.2% last month, missing an average forecast of 1.9% compiled by Reuters and falling well below the growth rate of 8.4% in June, Commerce Department figures showed. (more...)
- August 17, 2020
Retail sales, which include spending at restaurants and service stations, rose 1.2% last month, missing an average forecast of 1.9% compiled by Reuters and falling well below the growth rate of 8.4% in June, Commerce Department figures showed. (more...)
IQIYI Stock Slides under SEC Investigations, Q2 Earnings
- August 17, 2020
Year to date, shares of iQiyi have shed 12.4% and Baidu have lost 7.5%, while the iShares MSCI China ETF has rallied 12.6% and the S&P 500 has gained 4.5%.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. (more...)
- August 17, 2020
Year to date, shares of iQiyi have shed 12.4% and Baidu have lost 7.5%, while the iShares MSCI China ETF has rallied 12.6% and the S&P 500 has gained 4.5%.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. (more...)
Record-breaking heat forces more power outages in California
- August 17, 2020
Alas, in an attempt to preserve the stability of California's grid system - which provides power for millions of residents and businesses - the state's grid managers chose to cut power to over 200,000 PG&E customers Friday night to prevent an electricity crisis. (more...)
- August 17, 2020
Alas, in an attempt to preserve the stability of California's grid system - which provides power for millions of residents and businesses - the state's grid managers chose to cut power to over 200,000 PG&E customers Friday night to prevent an electricity crisis. (more...)
Over 5,000 CRA accounts the target of a recent cyberattack
- August 16, 2020
The agency confirmed Saturday that as of August 14, about 5,500 accounts had been affected by the separate attacks but that the breaches are now contained. In response, the agency had suspended numerous accounts to prevent such cybercrime. "The CRA is prioritizing calls from the victims of fraud and identity theft, and is answering calls as quickly as possible", said the email. (more...)
- August 16, 2020
The agency confirmed Saturday that as of August 14, about 5,500 accounts had been affected by the separate attacks but that the breaches are now contained. In response, the agency had suspended numerous accounts to prevent such cybercrime. "The CRA is prioritizing calls from the victims of fraud and identity theft, and is answering calls as quickly as possible", said the email. (more...)
Public health alert: More onions recalled Canada-wide due to Salmonella
- August 16, 2020
The cakes were sold in 300-gram packages and packages with six, 50-gram cakes inside. This recall was triggered by the CFIA during its investigation into a foodborne illness outbreak followed by a recall in the United States by Thomson International Inc . (more...)
- August 16, 2020
The cakes were sold in 300-gram packages and packages with six, 50-gram cakes inside. This recall was triggered by the CFIA during its investigation into a foodborne illness outbreak followed by a recall in the United States by Thomson International Inc . (more...)
California power grid up to high demand
- August 16, 2020
The moves come as temperatures around the state hit triple digits in many areas, and air conditioning use soared. The outages are the latest example of how climate change and the extreme weather it triggers take a profound toll on electrical grids. (more...)
- August 16, 2020
The moves come as temperatures around the state hit triple digits in many areas, and air conditioning use soared. The outages are the latest example of how climate change and the extreme weather it triggers take a profound toll on electrical grids. (more...)
New BMW M3 Touring due in 2022 to rival Audi RS4 Avant
- August 16, 2020
How about an extra-large and highly variable luggage compartment in a high-performance sports vehicle? The German automaker offered a glimpse of the prototype--currently undergoing work in Garching near Munich--in a shadowy image on Wednesday with only a portion of the rear end visible. (more...)
- August 16, 2020
How about an extra-large and highly variable luggage compartment in a high-performance sports vehicle? The German automaker offered a glimpse of the prototype--currently undergoing work in Garching near Munich--in a shadowy image on Wednesday with only a portion of the rear end visible. (more...)
China Plans to Expand Digital Yuan Tests to Beijing, Hong Kong
- August 16, 2020
As testing keeps getting improved, the DCEP will now start to push into Beijing and, more interestingly, Hong Kong. An electronic renminbi test will certainly begin in a number of the nation's very most created locations, the Commerce Ministry claimed in a statement on Friday that failed to give a timetable. (more...)
- August 16, 2020
As testing keeps getting improved, the DCEP will now start to push into Beijing and, more interestingly, Hong Kong. An electronic renminbi test will certainly begin in a number of the nation's very most created locations, the Commerce Ministry claimed in a statement on Friday that failed to give a timetable. (more...)
Wyoming Affected by Onion-Linked Salmonella Outbreak
- August 15, 2020
Lange and his team started to receive calls mid July regarding onions and salmonella; and they have received over 50 calls from people across Canada and America who are anxious about their onions ; according to Lange, of those people over a dozen were sick. (more...)
- August 15, 2020
Lange and his team started to receive calls mid July regarding onions and salmonella; and they have received over 50 calls from people across Canada and America who are anxious about their onions ; according to Lange, of those people over a dozen were sick. (more...)
United Kingdom tells Trump: Drop tariffs on single malt Scotch whisky
- August 15, 2020
British companies are subject to USA tariffs because they were part of the European Union during the Airbus subsidy years, but Prime Minister Boris Johnson's government is largely frozen out of any effort by Brussels to negotiate a settlement now that Britain has left the bloc. (more...)
- August 15, 2020
British companies are subject to USA tariffs because they were part of the European Union during the Airbus subsidy years, but Prime Minister Boris Johnson's government is largely frozen out of any effort by Brussels to negotiate a settlement now that Britain has left the bloc. (more...)
California adopts first-ever rules on zero-emission trucks, buses
- August 15, 2020
They travel many more miles than passenger vehicles and often have diesel engines, which are more powerful but produce more pollution than gasoline engines. "First you have to make sure the engines and the trucks are going to be available, then you have to ensure there is a market for them", she said. But for the rule to succeed, Chris Shimoda, Vice President of Government Affairs for the California Trucking Association, said "there is a lot of work that needs to be done on infrastructure, ... (more...)
- August 15, 2020
They travel many more miles than passenger vehicles and often have diesel engines, which are more powerful but produce more pollution than gasoline engines. "First you have to make sure the engines and the trucks are going to be available, then you have to ensure there is a market for them", she said. But for the rule to succeed, Chris Shimoda, Vice President of Government Affairs for the California Trucking Association, said "there is a lot of work that needs to be done on infrastructure, ... (more...)
Mercedes-Benz S-class interior partially revealed
- August 15, 2020
From LED mood lighting operated by Energising Comfort Control technology to the Energising Coach feature, which monitors sleep quality and stress levels with the help of a fitness bracelet, the new S-Class is created to understand its occupants like never before. (more...)
- August 15, 2020
From LED mood lighting operated by Energising Comfort Control technology to the Energising Coach feature, which monitors sleep quality and stress levels with the help of a fitness bracelet, the new S-Class is created to understand its occupants like never before. (more...)
Ford kits out Bronco concepts to celebrate the nameplate's birthday
- August 15, 2020
Fourth is the Bronco Sport TOW RZR. Even better, Bronco buyers won't have to risk scratching up their new rides at the Off-Roadeo, as Ford will provide loaner vehicles for attendees to drive. Both models also feature Yakima roof racks. The Adventure Patrol gets numerous same accessories as the other concepts, plus a Yakima interior bike rack and a drone to record footage of customers putting Broncos through their paces. (more...)
- August 15, 2020
Fourth is the Bronco Sport TOW RZR. Even better, Bronco buyers won't have to risk scratching up their new rides at the Off-Roadeo, as Ford will provide loaner vehicles for attendees to drive. Both models also feature Yakima roof racks. The Adventure Patrol gets numerous same accessories as the other concepts, plus a Yakima interior bike rack and a drone to record footage of customers putting Broncos through their paces. (more...)
UK: No need for surprise on French quarantine decision
- August 15, 2020
Travelers who return to Britain from France after 4 a.m. Saturday will have to self-quarantine for 14 days. Anyone arriving back from France from Saturday must stay at home for two weeks to make sure they can not spread the coronavirus beyond their households if they have become infected. (more...)
- August 15, 2020
Travelers who return to Britain from France after 4 a.m. Saturday will have to self-quarantine for 14 days. Anyone arriving back from France from Saturday must stay at home for two weeks to make sure they can not spread the coronavirus beyond their households if they have become infected. (more...)
August 12 Winning Powerball Ticket Sold At Florida Publix
- August 15, 2020
The Powerball jackpot reverts to $20 million for Saturday's drawing. The drawings are held at 10:59 p.m. Last weekend, winning tickets were sold at Tamatea Pak'nSave and Paper Plus Taradale. With Power Play, players can win $2 million for matching the five white balls or multiply his/her other non-jackpot prizes two to five times when the advertised jackpot is over $150 million, and up to 10 times when the advertised jackpot is $150 million or less. (more...)
- August 15, 2020
The Powerball jackpot reverts to $20 million for Saturday's drawing. The drawings are held at 10:59 p.m. Last weekend, winning tickets were sold at Tamatea Pak'nSave and Paper Plus Taradale. With Power Play, players can win $2 million for matching the five white balls or multiply his/her other non-jackpot prizes two to five times when the advertised jackpot is over $150 million, and up to 10 times when the advertised jackpot is $150 million or less. (more...)
Britain Enters Recession As GDP Slumps By A Record 20.4% In Q2
- August 15, 2020
While numerous lockdown restrictions have since been eased, the country faces a tough time in coming months, with unemployment likely to spike as the government phases out a support program that has effectively kept almost 10 million workers on company payrolls. (more...)
- August 15, 2020
While numerous lockdown restrictions have since been eased, the country faces a tough time in coming months, with unemployment likely to spike as the government phases out a support program that has effectively kept almost 10 million workers on company payrolls. (more...)
Number of unemployed people in Australia exceeds 1 million for first time
- August 15, 2020
The Australian Bureau of Statistics July employment figures show the national unemployment rate rose slightly to 7.5 per cent, up from 7.4 per cent in June. Still, employment remained more than half-a-million people lower than in March, while hours worked were down 5.5% in the same period. Small decreases were seen in Queensland where 3700 more people found themselves out of work, and in the Northern Territory where 500 people were affected compared to June. (more...)
- August 15, 2020
The Australian Bureau of Statistics July employment figures show the national unemployment rate rose slightly to 7.5 per cent, up from 7.4 per cent in June. Still, employment remained more than half-a-million people lower than in March, while hours worked were down 5.5% in the same period. Small decreases were seen in Queensland where 3700 more people found themselves out of work, and in the Northern Territory where 500 people were affected compared to June. (more...)
European Commission Reaches First Agreement on Potential COVID-19 Vaccine With AstraZeneca
- August 15, 2020
The advance purchase agreement will also provide an option for an additional purchase of up to a 22 million doses, it said. "Today, the European Commission has reached a first agreement with the pharmaceutical company AstraZeneca to purchase a potential vaccine against COVID-19 as well as to donate to lower and middle income countries or re-direct to other European countries". (more...)
- August 15, 2020
The advance purchase agreement will also provide an option for an additional purchase of up to a 22 million doses, it said. "Today, the European Commission has reached a first agreement with the pharmaceutical company AstraZeneca to purchase a potential vaccine against COVID-19 as well as to donate to lower and middle income countries or re-direct to other European countries". (more...)
United Kingdom agrees on COVID-19 vaccine deals with J&J and Novavax
- August 15, 2020
The UK will co-fund a Phase III clinical trial of J&J's vaccine, as part of the deal, which will assess a two-dose regimen of the vaccine. "Today, the European Commission has reached a first agreement with the pharmaceutical company AstraZeneca to purchase a potential vaccine against COVID-19 as well as to donate to lower and middle income countries or re-direct to other European countries". (more...)
- August 15, 2020
The UK will co-fund a Phase III clinical trial of J&J's vaccine, as part of the deal, which will assess a two-dose regimen of the vaccine. "Today, the European Commission has reached a first agreement with the pharmaceutical company AstraZeneca to purchase a potential vaccine against COVID-19 as well as to donate to lower and middle income countries or re-direct to other European countries". (more...)
Oil edges lower after OPEC report, United States stocks draw supports By
- August 14, 2020
OPEC issued its monthly oil report this week citing "lower economic activity levels", particularly in some non-OECD countries as a key reason to keep oil demand for 2020 around 90.6 million barrels a day. The dollar fell to its lowest in a week against a basket of currencies. The US Energy Information Administration now expects US crude production to fall by 990,000 barrels per day (bpd) this year to 11.26 million bpd, steeper than the 600,000 bpd decline it forecast last month. (more...)
- August 14, 2020
OPEC issued its monthly oil report this week citing "lower economic activity levels", particularly in some non-OECD countries as a key reason to keep oil demand for 2020 around 90.6 million barrels a day. The dollar fell to its lowest in a week against a basket of currencies. The US Energy Information Administration now expects US crude production to fall by 990,000 barrels per day (bpd) this year to 11.26 million bpd, steeper than the 600,000 bpd decline it forecast last month. (more...)
Latest news
Oil steadies as frail demand outlook tempers USA stock drawdown