Bank is prepared for Brexit outcomes as interest rates stay on hold

The Pound is nearly exclusively focussed on Brexit negotiations at present with a drip-feeding of rumours triggering the recent recovery move and further advances will require further good news ensuring the currency will remain volatile on a day-to... More..

by | Published 15 days ago
Drunk Japan Airlines co-pilot was ‘almost 10 times over limit’
by | Friday, November 02, 2018

Drunk Japan Airlines co-pilot was ‘almost 10 times over limit’

Tests found the 42-year-old first officer recorded 0.18 blood-alcohol reading, nearly 10 times the legal limit for a pilot and four times the amount for driving. He has been detained until he is sentenced on No...More..

The Starbucks Christmas red cup has gotten a serious makeover for 2018
by | Friday, November 02, 2018

The Starbucks Christmas red cup has gotten a serious makeover for 2018

In addition to the cups, Starbucks is rolling out holiday themed treats like sugarplum cheese danishes and pistachio honey croissants and bring back classic holiday drinks like peppermint mochas and gingerb...More..

India, 7 countries to get US waiver to keep buying Iranian oil
by | Friday, November 02, 2018

India, 7 countries to get US waiver to keep buying Iranian oil

Meanwhile, India and South Korea were said to agree with the US on the outline of waivers from sanctions to keep importing some Iranian oil . "As far as the USA is concern, they are well aware about our ...More..

Trump Discusses Trade Issues With China's Xi
by | Friday, November 02, 2018

Trump Discusses Trade Issues With China's Xi

Xi was quoted by CCTV as saying after the call with Trump that the two leaders had hoped to expand trade cooperation. Neither leader specified any details of possible progress in their first known direct disc...More..

Google employees mutiny in protest at the treatment of women
by | Friday, November 02, 2018

Google employees mutiny in protest at the treatment of women

The protest, billed " Walkout For Real Change", comes a week after a New York Times story detailed allegations of sexual misconduct about creator of its Android software, Andy Rubin. The Business Insider rep...More..

US imposes restrictions on Chinese tech firm
by | Friday, November 02, 2018

US imposes restrictions on Chinese tech firm

Setting up a new front in its trade and tech disputes with China , . the U.S. Commerce Department is blocking a Chinese state-backed semiconductor maker from importing U.S. Recently, the United States hinder...More..

Trump’s Iran sanctions resolve faces test from oil-thirsty China, India
by | Friday, November 02, 2018

Trump’s Iran sanctions resolve faces test from oil-thirsty China, India

West Texas Intermediate crude for December delivery dipped 87 cents to settle at $65.31 a barrel on the New York Mercantile Exchange, the lowest since August 15. Investors awaited industry data on US crude i...More..

Malta remains most hard place in the European Union to do business
by | Thursday, November 01, 2018

Malta remains most hard place in the European Union to do business

India on Wednesday jumped 23 places to secure 77th position in 2019 World Bank (WB) ease of doing business ranking (DBR) among 190 countries. "As a result of the past year's reforms, Turkey advanced to 43...More..

Britain to target online giants with new 'Digital Services Tax'
by | Wednesday, October 31, 2018

Britain to target online giants with new 'Digital Services Tax'

The scheme, which offers a discount of £1,500 per office in England in an attempt to encourage local press back into town centres, for a further year. While Amazon provides a good example of the rationale beh...More..

Trump Predicts a
by | Wednesday, October 31, 2018

Trump Predicts a "Great Deal" With China as Bilateral Trade Row Persists

The two nations had already imposed tariffs on Dollars 50 billion of each other's goods before the September sanctions. Those threats were given new life this week when three unnamed sources were cited by Bl...More..

Tesla facing criminal investigation over Model 3 production, report says
by | Wednesday, October 31, 2018

Tesla facing criminal investigation over Model 3 production, report says

The Journal reported in October 2017 that when Model 3 production began in July 2017, the body shop at Tesla's Fremont, California, factory wasn't completely functional. It has previously been reported t...More..

Urjit Patel may resign as Jaitley’s remarks widen RBI-govt rift
by | Wednesday, October 31, 2018

Urjit Patel may resign as Jaitley’s remarks widen RBI-govt rift

India's finance minister Arun Jaitley criticised the Reserve Bank of India ( RBI ) for failing to prevent lending excess in a speech on Tuesday. The Section 7 of the RBI Act reads: "The Central governme...More..

IFS accuses Hammond of gambling the public finances in Budget
by | Wednesday, October 31, 2018

IFS accuses Hammond of gambling the public finances in Budget

The cash needed for a buffet of tax cuts simply won't be there if the United Kingdom leaves the European Union with a "no deal" Brexit . Meg Hillier, chair of the Public Accounts Committee, stated: "This was...More..

IBM buying North Carolina-based Red Hat in $34B deal
by | Monday, October 29, 2018

IBM buying North Carolina-based Red Hat in $34B deal

IBM will acquire all of the issued and outstanding common shares of Red Hat for $190.00 per share in cash, representing a total enterprise value of approximately $34 billion . The two companies said the deal, ...More..

U.S. economic growth slows slightly in third-quarter; outlook less upbeat
by | Sunday, October 28, 2018

U.S. economic growth slows slightly in third-quarter; outlook less upbeat

That was slightly higher than the 3.4% reading economists surveyed by The Wall Street Journal had expected and followed strong growth in the second quarter. Growth in consumer spending, which accounts for more ...More..

Oil Prices Stabilise As Stock Markets Plunge
by | Sunday, October 28, 2018

Oil Prices Stabilise As Stock Markets Plunge

Oil tumbled toward a third weekly drop as crumbling equity markets across the globe stoked concern about a slowdown in energy demand growth. USA light crude CLc1 was up 20 cents at $67.02 after touching an in...More..

Australian share market rebounds, but only regains a fraction of yesterday's losses
by | Sunday, October 28, 2018

Australian share market rebounds, but only regains a fraction of yesterday's losses

Already languishing in a bear market, its 11% slump in October puts the Hang Seng Index on course for a six-month losing streak, the worst since 1982. Yields on Treasuries rose and the U.S. dollar strengthened ...More..

Google sacks 48 people over sexual misconduct claims
by | Sunday, October 28, 2018

Google sacks 48 people over sexual misconduct claims

Google has fired around 48 people including 13 senior managers, for sexual harassment in the last two years. And while Google acknowledged the claim as credible, the company pushed him out the door with a $90...More..

Tesla under US 'criminal probe' for Model 3 comments
by | Sunday, October 28, 2018

Tesla under US 'criminal probe' for Model 3 comments

Get access to our daily newsletters, Best Stocks List, POWR Ratings, and much more! In the just-ended quarter, the company has more than doubled those production figures, now moving an average of 4,300 cars...More..

Plant City man wins $3 million in Mega Million drawing
by | Sunday, October 28, 2018

Plant City man wins $3 million in Mega Million drawing

Livingston is still at the hospital, where he will need to undergo a hip replacement. A hospital worker heard the news and invited him to join an employee pool. "And then the staff came into the room and they w...More..

Global Billionaire Wealth Hits Record US$8.9 Trillion, Led by Chinese
by | Saturday, October 27, 2018

Global Billionaire Wealth Hits Record US$8.9 Trillion, Led by Chinese

The annual Billionaires Insights report lists people whose wealth has reached US$1 billion (NT$31 billion). It said: 'China's billionaire entrepreneurs are leading their country's economic transformation,...More..

The declining fortunes of Cathay Pacific
by | Saturday, October 27, 2018

The declining fortunes of Cathay Pacific

Cathay Pacific announced today that as part of its ongoing IT security processes, it has discovered unauthorised access to some of its information system containing passenger data of up to 9.4 million people. ...More..

Saudi Prosecutors Expected To Arrive In Turkey For Probe
by | Saturday, October 27, 2018

Saudi Prosecutors Expected To Arrive In Turkey For Probe

Trump did not give his views on who was ultimately responsible. Secretary of State Mike Pompeo said Tuesday that the U.S. had "identified at least some" of the Saudi officials involved in the killing of Kh...More..

Global markets in sell-off mode
by | Saturday, October 27, 2018

Global markets in sell-off mode

AT&T sank after reporting weak subscriber numbers, and chipmaker Texas Instruments fell sharply after reporting slumping demand. The index is now down for the year. The Nasdaq dropped almost 2 percent, sharply ...More..

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