Markets
Australia to develop digital watchdog to monitor Facebook and Google
- December 12, 2018
The ACCC is further considering a recommendation for a specific code of practice for digital platforms' data collection to better inform consumers and improve their bargaining power. Derek has been working as a journalist for almost over a decade having published pieces many publications including the Knoxville News Sentinel and the Huffing Post. (more...)
- December 12, 2018
The ACCC is further considering a recommendation for a specific code of practice for digital platforms' data collection to better inform consumers and improve their bargaining power. Derek has been working as a journalist for almost over a decade having published pieces many publications including the Knoxville News Sentinel and the Huffing Post. (more...)
What happens after Theresa May's confidence vote?
- December 12, 2018
That's the 15 percent of Conservative legislators needed to spark a leadership challenge under party rules. The delay also prompted outrage among lawmakers, with one leading Conservative rebel, Brexit-supporter Mark Francois, accusing the government of having "hidden in the toilets". (more...)
- December 12, 2018
That's the 15 percent of Conservative legislators needed to spark a leadership challenge under party rules. The delay also prompted outrage among lawmakers, with one leading Conservative rebel, Brexit-supporter Mark Francois, accusing the government of having "hidden in the toilets". (more...)
Google CEO tells Congress why searching ‘idiot’ results in Trump images
- December 12, 2018
Pichai's no-show at that hearing was marked by an empty chair for Google alongside the Facebook and Twitter executives. McCarthy, a California Republican once viewed as close to tech, has been a prime mover behind the hearing and accusations of political bias. (more...)
- December 12, 2018
Pichai's no-show at that hearing was marked by an empty chair for Google alongside the Facebook and Twitter executives. McCarthy, a California Republican once viewed as close to tech, has been a prime mover behind the hearing and accusations of political bias. (more...)
Huawei exec seeks Canada bail on health grounds
- December 11, 2018
Yu said Meng's arrest is a violation of a Chinese citizen's legal rights. Meng's lawyer called a representative from a surveillance company to help ensure Meng won't flee if released. Meng's arrest has set off debate online in China over whether to protest by boycotting Apple Inc., whose iPhone is a rival to Huawei's smartphone brand. (more...)
- December 11, 2018
Yu said Meng's arrest is a violation of a Chinese citizen's legal rights. Meng's lawyer called a representative from a surveillance company to help ensure Meng won't flee if released. Meng's arrest has set off debate online in China over whether to protest by boycotting Apple Inc., whose iPhone is a rival to Huawei's smartphone brand. (more...)
Theresa May to visit Germany for crisis Brexit talks
- December 11, 2018
DUP leader Arlene Foster said she had told the prime minister in a phone call that the "backstop must go". But European Council president Donald Tusk warned the bloc would not reopen the agreement secured in November after months of negotiations, with Brexit looming on March 29. (more...)
- December 11, 2018
DUP leader Arlene Foster said she had told the prime minister in a phone call that the "backstop must go". But European Council president Donald Tusk warned the bloc would not reopen the agreement secured in November after months of negotiations, with Brexit looming on March 29. (more...)
Almost 1,000 people arrested during violent protests in Paris
- December 11, 2018
Maybe it's time to end the ridiculous and extremely expensive Paris Agreement and return money back to the people in the form of lower taxes? Staging the fourth weekend protest in a row, 136,000 "Yellow Vests" turned out across the country to denounce Macron's leadership which according to them, aims to court big business and do little for lowest-paid workers. (more...)
- December 11, 2018
Maybe it's time to end the ridiculous and extremely expensive Paris Agreement and return money back to the people in the form of lower taxes? Staging the fourth weekend protest in a row, 136,000 "Yellow Vests" turned out across the country to denounce Macron's leadership which according to them, aims to court big business and do little for lowest-paid workers. (more...)
France's Macron announces rise in minimum wage after 'Yellow Vest' riots
- December 11, 2018
Speaking in a televised address, Mr Macron condemned the violence but said the protesters' anger was "deep, and in many ways legitimate". He also asked companies to give an end-of year bonus to their employees. Richard Ferrand, the head of the National Assembly and one of Macron's closest allies, said the president would "give us some short-term answers along with his views on how to rebuild a new French model". (more...)
- December 11, 2018
Speaking in a televised address, Mr Macron condemned the violence but said the protesters' anger was "deep, and in many ways legitimate". He also asked companies to give an end-of year bonus to their employees. Richard Ferrand, the head of the National Assembly and one of Macron's closest allies, said the president would "give us some short-term answers along with his views on how to rebuild a new French model". (more...)
China bans most iPhone sales after injunction granted
- December 10, 2018
Apple did not immediately respond to a request for comment, but told CNBC that the ban only affects iPhones running its older iOS 11 operating system, not iOS 12 , which powers the company's latest handsets. Qualcomm has also asked regulators in the United States to ban the importation of several iPhone models over patent concerns, but USA officials have so far declined to do so. (more...)
- December 10, 2018
Apple did not immediately respond to a request for comment, but told CNBC that the ban only affects iPhones running its older iOS 11 operating system, not iOS 12 , which powers the company's latest handsets. Qualcomm has also asked regulators in the United States to ban the importation of several iPhone models over patent concerns, but USA officials have so far declined to do so. (more...)
Finance minister Jaitley to soon react to RBI governor Urjit Patel’s resignation
- December 10, 2018
Patel's three-year-tenure was supposed to end in September 2019. Senior Congress leader Ahmed Patel hit out at the Modi government for diminishing the institutes that define democracy in India . "I do think this is a serious issue, it needs to be dealt with carefully". In 1957, Sir Benegal Rama Rau, the fourth RBI governor, resigned in protest when he had serious differences with then finance minister T.T. (more...)
- December 10, 2018
Patel's three-year-tenure was supposed to end in September 2019. Senior Congress leader Ahmed Patel hit out at the Modi government for diminishing the institutes that define democracy in India . "I do think this is a serious issue, it needs to be dealt with carefully". In 1957, Sir Benegal Rama Rau, the fourth RBI governor, resigned in protest when he had serious differences with then finance minister T.T. (more...)
Nissan moves to block Ghosn access to Rio flat
- December 10, 2018
The charges imposed in court involve allegations Mr Ghosn's pay was underreported by about 5 billion yen ($61.5 million) over five years. The authorities had been expected to re-arrest Ghosn on suspicion that he also under-reported his income by a further four billion yen over the past three years. (more...)
- December 10, 2018
The charges imposed in court involve allegations Mr Ghosn's pay was underreported by about 5 billion yen ($61.5 million) over five years. The authorities had been expected to re-arrest Ghosn on suspicion that he also under-reported his income by a further four billion yen over the past three years. (more...)
Uber makes confidential filing for IPO, valuation could touch $120 bn
- December 10, 2018
In the case of an IPO, Uber's valuation will touch a whooping $120 billion. Both companies are yet to post a profit with Lyft hoping this public offering will change through being the first ride-sharing company to have an IPO. The Uber IPO may be bigger yet. Nonetheless, today Uber is in a much better position than it was a year before. When Dara Khosrowshahi took over the reins of the San Francisco-based company on August 28 a year ago, everyone wondered whether the transportation network ... (more...)
- December 10, 2018
In the case of an IPO, Uber's valuation will touch a whooping $120 billion. Both companies are yet to post a profit with Lyft hoping this public offering will change through being the first ride-sharing company to have an IPO. The Uber IPO may be bigger yet. Nonetheless, today Uber is in a much better position than it was a year before. When Dara Khosrowshahi took over the reins of the San Francisco-based company on August 28 a year ago, everyone wondered whether the transportation network ... (more...)
Fiat Chrysler to add second Jeep assembly plant in Detroit
- December 09, 2018
FCAU stock is now showing down return of -1.26% throughout last week and witnessed increasing return of 1.98% in one month period. Schroder Investment Management Group now owns 2,663,326 shares of the company's stock valued at $40,333,000 after purchasing an additional 1,356,720 shares in the last quarter. (more...)
- December 09, 2018
FCAU stock is now showing down return of -1.26% throughout last week and witnessed increasing return of 1.98% in one month period. Schroder Investment Management Group now owns 2,663,326 shares of the company's stock valued at $40,333,000 after purchasing an additional 1,356,720 shares in the last quarter. (more...)
Winter Storm Impacts Charlotte
- December 09, 2018
This will be especially problematic in parts of the Charleston, South Carolina, area. Most of the outages are in North Carolina , where 102,383 customers are in the dark. This is frequently the case in winter storms . "Our troopers are ready to help you", Cooper said. Winter Storm Diego could bring a foot of snow to mountain areas of the Carolinas, along with sleet and freezing rain that could cancel or delay flights and snarl traffic on icy roads. (more...)
- December 09, 2018
This will be especially problematic in parts of the Charleston, South Carolina, area. Most of the outages are in North Carolina , where 102,383 customers are in the dark. This is frequently the case in winter storms . "Our troopers are ready to help you", Cooper said. Winter Storm Diego could bring a foot of snow to mountain areas of the Carolinas, along with sleet and freezing rain that could cancel or delay flights and snarl traffic on icy roads. (more...)
China to 'immediately' apply measures agreed in trade truce with US
- December 09, 2018
US President Donald Trump said in a Twitter statement on Friday that the trade talks between Washington and Beijing are proceeding well. China on Thursday appeared to try to ease concerns by saying it would "immediately" implement measures agreed under the truce. (more...)
- December 09, 2018
US President Donald Trump said in a Twitter statement on Friday that the trade talks between Washington and Beijing are proceeding well. China on Thursday appeared to try to ease concerns by saying it would "immediately" implement measures agreed under the truce. (more...)
Donations To Salvation Army Red Kettles Doubled This Saturday
- December 09, 2018
Why would someone do this to people? Store closings, mean less available sites for kettle stands and this, combined with a lack of volunteers to help ring the bells at kettle stand locations is affecting every unit across the Division. The employee also told police the bell ringer should not have been able to sign out a kettle since he was sacked for failure to show up on time. "I think it's important that he's out here representing the Salvation Army and doing his part to show it's so ... (more...)
- December 09, 2018
Why would someone do this to people? Store closings, mean less available sites for kettle stands and this, combined with a lack of volunteers to help ring the bells at kettle stand locations is affecting every unit across the Division. The employee also told police the bell ringer should not have been able to sign out a kettle since he was sacked for failure to show up on time. "I think it's important that he's out here representing the Salvation Army and doing his part to show it's so ... (more...)
OPEC to slash output by 1.2mn bpd; Iran exempted
- December 09, 2018
The US president had urged OPEC not to put economic growth at risk by cutting output and raising prices. An output reduction would provide support to Iran - OPEC's third-largest producer - by increasing the price of oil amid attempts by Washington to squeeze the country's economy. (more...)
- December 09, 2018
The US president had urged OPEC not to put economic growth at risk by cutting output and raising prices. An output reduction would provide support to Iran - OPEC's third-largest producer - by increasing the price of oil amid attempts by Washington to squeeze the country's economy. (more...)
Unemployment Rate Is Up Province-Wide, Down In Moncton And Saint John
- December 09, 2018
While the rate in November climbed three-tenths of a point to sit at 4.4 percent, it's still a full percentage point ahead of second-place Quebec, which is at 5.4 percent. The November employment surge was fuelled by the addition of 89,900 full-time positions. The average annual growth in hourly wages of regular employees continued to decline in November to 1.46%, the lowest level since July of 2017. (more...)
- December 09, 2018
While the rate in November climbed three-tenths of a point to sit at 4.4 percent, it's still a full percentage point ahead of second-place Quebec, which is at 5.4 percent. The November employment surge was fuelled by the addition of 89,900 full-time positions. The average annual growth in hourly wages of regular employees continued to decline in November to 1.46%, the lowest level since July of 2017. (more...)
US hiring slower but steady in November
- December 09, 2018
Average hourly earnings were up by six cents in November to $27.35. USA employers added just 155,000 jobs in November, a slowdown from recent months but enough to suggest that the economy is expanding at a solid pace despite sharp gyrations in the stock market. (more...)
- December 09, 2018
Average hourly earnings were up by six cents in November to $27.35. USA employers added just 155,000 jobs in November, a slowdown from recent months but enough to suggest that the economy is expanding at a solid pace despite sharp gyrations in the stock market. (more...)
Southwest Airlines plane skids off wet runway while landing in California
- December 09, 2018
No injuries were reported. There were 112 passengers and five crew members on the flight, Southwest spokeswoman Brandy King said. Passengers were seen evacuating from the aircraft via an inflatable slide shortly after. "Mud was hitting the windows", passenger Grant Palmer CBS Los Angeles . A Southwest Airlines plane taxis on the runway at airline's hub at Dallas Love Field March 12, 2008, in Dallas, Texas. (more...)
- December 09, 2018
No injuries were reported. There were 112 passengers and five crew members on the flight, Southwest spokeswoman Brandy King said. Passengers were seen evacuating from the aircraft via an inflatable slide shortly after. "Mud was hitting the windows", passenger Grant Palmer CBS Los Angeles . A Southwest Airlines plane taxis on the runway at airline's hub at Dallas Love Field March 12, 2008, in Dallas, Texas. (more...)
Altria, Marlboro maker, takes big stake in marijuana company Cronos
- December 08, 2018
An investment from Altria is expected to provide Cronos Group an opportunity for growth and expansion . The agreement allows Altria to nominate four directors to Cronos' board of directors, including one independent director. Many stocks in the volatile sector were up on Friday after the deal was announced . Peers in the marijuana sector also gained, with Aurora Cannabis Inc. (more...)
- December 08, 2018
An investment from Altria is expected to provide Cronos Group an opportunity for growth and expansion . The agreement allows Altria to nominate four directors to Cronos' board of directors, including one independent director. Many stocks in the volatile sector were up on Friday after the deal was announced . Peers in the marijuana sector also gained, with Aurora Cannabis Inc. (more...)
Latest news
Oil and gas firms 'crucial' to clean energy transition - IEA