Markets
Facebook working on disallowing like counts on your posts
- September 05, 2019
The mental health and stress that can cause dependence on the number of likes, comparisons with other people and the little value that, in general, brings this number when assessing the content of a person are some of the reasons behind this decision. (more...)
- September 05, 2019
The mental health and stress that can cause dependence on the number of likes, comparisons with other people and the little value that, in general, brings this number when assessing the content of a person are some of the reasons behind this decision. (more...)
Maruti Suzuki to halt production at Gurgaon, Manesar plants for two days
- September 04, 2019
Reeling under severe slowdown, the auto major had reduced its production by 33.99 percent in August, making it the seventh straight month of reduction in output. Sales of compact segment, including models such as Swift, Celerio, Ignis, Baleno and Dzire, fell 23.9 per cent at 54,274 units as against 71,364 cars in August a year ago. (more...)
- September 04, 2019
Reeling under severe slowdown, the auto major had reduced its production by 33.99 percent in August, making it the seventh straight month of reduction in output. Sales of compact segment, including models such as Swift, Celerio, Ignis, Baleno and Dzire, fell 23.9 per cent at 54,274 units as against 71,364 cars in August a year ago. (more...)
Boris Johnson suffers major defeat in no-deal Brexit vote
- September 04, 2019
However, Downing Street said Johnson would not be resigning whatever happens on Wednesday - and US President Donald Trump offered him his support. The bill says the prime minister will have until 19 October to either pass a deal in Parliament or get MPs to approve a no-deal Brexit. A judge is due to issue a ruling on the decision later on Wednesday in one of three ongoing legal challenges. (more...)
- September 04, 2019
However, Downing Street said Johnson would not be resigning whatever happens on Wednesday - and US President Donald Trump offered him his support. The bill says the prime minister will have until 19 October to either pass a deal in Parliament or get MPs to approve a no-deal Brexit. A judge is due to issue a ruling on the decision later on Wednesday in one of three ongoing legal challenges. (more...)
Amazon reportedly testing hand-scanning payment system
- September 04, 2019
Instead, they use computer vision and depth geometry to process and identify the shape and size of each hand they scan before charging a credit card on file. "We don't comment on rumors or speculation", an Amazon spokesperson said. "It's a massive friction point". "People tend to spend more when they don't have the experience of touching something tangible like money", Maksad said. (more...)
- September 04, 2019
Instead, they use computer vision and depth geometry to process and identify the shape and size of each hand they scan before charging a credit card on file. "We don't comment on rumors or speculation", an Amazon spokesperson said. "It's a massive friction point". "People tend to spend more when they don't have the experience of touching something tangible like money", Maksad said. (more...)
Wall Street bogged down by weak manufacturing data, trade worries
- September 04, 2019
The latest escalation in the lingering trade war has been expected since early August when the US announced plans for the new tariff measures, prompting China to retaliate. The tariffs that went into effect on Sunday are making investors increasingly cynical toward the trade war, which has dominated economic headlines for over a year, Peter Cardillo, chief market economist at Spartan Capital Securities in NY said. (more...)
- September 04, 2019
The latest escalation in the lingering trade war has been expected since early August when the US announced plans for the new tariff measures, prompting China to retaliate. The tariffs that went into effect on Sunday are making investors increasingly cynical toward the trade war, which has dominated economic headlines for over a year, Peter Cardillo, chief market economist at Spartan Capital Securities in NY said. (more...)
Service activity slows in August, PMI declines to 52.4
- September 04, 2019
Chris Williamson, chief business economist at IHS Markit , said: "Business activity in the service sector nearly stalled in August as Brexit-related worries escalated, curbing spending by both businesses and consumers". The data also revealed "intense pressure" on operating margins at services sector companies, which was driven by higher wages and utility bills, and rising fuel costs. (more...)
- September 04, 2019
Chris Williamson, chief business economist at IHS Markit , said: "Business activity in the service sector nearly stalled in August as Brexit-related worries escalated, curbing spending by both businesses and consumers". The data also revealed "intense pressure" on operating margins at services sector companies, which was driven by higher wages and utility bills, and rising fuel costs. (more...)
Hong Kong's Carrie Lam to formally withdraw controversial extradition bill
- September 04, 2019
Wong, who arrived in Taipei on Tuesday (Sept. 3) and met with representatives of the Democratic Progressive Party (DPP) and New Power Party (NPP), said one of the objectives of his visit was for Taiwan to provide substantive help to Hongkongers living in Taiwan, as well as those who might have to flee to the island if the standoff between protesters and the Hong Kong government continues to deteriorate. (more...)
- September 04, 2019
Wong, who arrived in Taipei on Tuesday (Sept. 3) and met with representatives of the Democratic Progressive Party (DPP) and New Power Party (NPP), said one of the objectives of his visit was for Taiwan to provide substantive help to Hongkongers living in Taiwan, as well as those who might have to flee to the island if the standoff between protesters and the Hong Kong government continues to deteriorate. (more...)
Facebook brings face recognition to all users, discontinues 'Tag Suggestions'
- September 04, 2019
The company previously began offering some users a settingin late 2017 that allowed them to decide broadly whether or not facial recognition was used in their Facebook experience. Tag suggestions was used to suggest names for users' friends on Facebook. Facebook is updating settings involving facial recognition on the social network. (more...)
- September 04, 2019
The company previously began offering some users a settingin late 2017 that allowed them to decide broadly whether or not facial recognition was used in their Facebook experience. Tag suggestions was used to suggest names for users' friends on Facebook. Facebook is updating settings involving facial recognition on the social network. (more...)
Lamborghini Reveals The Stunning 819HP Hybrid V12 Sián
- September 04, 2019
Instead of using heavy batteries to increase power, Lamborghini developed a supercapacitor which can rapidly discharge and recharge during dynamic driving situations. The supercapacitor is three times more potent than a battery of the same weight, and it can be recharged to full capacity instantly every time the vehicle brakes. (more...)
- September 04, 2019
Instead of using heavy batteries to increase power, Lamborghini developed a supercapacitor which can rapidly discharge and recharge during dynamic driving situations. The supercapacitor is three times more potent than a battery of the same weight, and it can be recharged to full capacity instantly every time the vehicle brakes. (more...)
Manufacturing Shrinks For 1st Time In 3 Years On Trade Tensions
- September 04, 2019
Anemic demand for United States goods, with persistent drops in export orders, produced a "notable decrease" in business confidence, as indicators for production, employment and order backlogs all fell, according to the Institute for Supply Management . (more...)
- September 04, 2019
Anemic demand for United States goods, with persistent drops in export orders, produced a "notable decrease" in business confidence, as indicators for production, employment and order backlogs all fell, according to the Institute for Supply Management . (more...)
Economic growth blues make markets see red; Sensex, Nifty fall over 2%
- September 04, 2019
Growth in eight core sector industries - coal, crude oil, natural gas, refinery products, fertiliser, steel, cement and electricity - dropped to 2.1% in July. Some analysts are of the view that this is not the end. June quarter GDP grew at the slowest pace since March 2013. The sharp intraday fall in the rupee to Rs 72.40 a dollar as against the previous close of 71.40, by one rupee, made matters worse for the foreign investors rushing to exit stocks. (more...)
- September 04, 2019
Growth in eight core sector industries - coal, crude oil, natural gas, refinery products, fertiliser, steel, cement and electricity - dropped to 2.1% in July. Some analysts are of the view that this is not the end. June quarter GDP grew at the slowest pace since March 2013. The sharp intraday fall in the rupee to Rs 72.40 a dollar as against the previous close of 71.40, by one rupee, made matters worse for the foreign investors rushing to exit stocks. (more...)
Currency / Argentina's peso under scrutiny following capital controls
- September 04, 2019
The central bank and the treasury on Sunday rolled out a series of restrictions for buying and transferring foreign currency overseas, as well as deadlines for converting dollar earnings from exports into pesos in order to increase the amount of dollars in the financial system and reduce outflows. (more...)
- September 04, 2019
The central bank and the treasury on Sunday rolled out a series of restrictions for buying and transferring foreign currency overseas, as well as deadlines for converting dollar earnings from exports into pesos in order to increase the amount of dollars in the financial system and reduce outflows. (more...)
Airline employee at Newark airport causes hundreds to flee gate
- September 04, 2019
The attendant is said to have asked the men "bizarre" questions but authorities would not reveal what the conversation was about. "When both men fled the area, the employee became concerned and hit an alarm", Coleman said. Sounded like gun shots but after seeing the damage in this terminal, it's more likely it was glass being shattered from people jumping. All passengers and employees were being rescreened as a precaution, causing further delays at the airport. (more...)
- September 04, 2019
The attendant is said to have asked the men "bizarre" questions but authorities would not reveal what the conversation was about. "When both men fled the area, the employee became concerned and hit an alarm", Coleman said. Sounded like gun shots but after seeing the damage in this terminal, it's more likely it was glass being shattered from people jumping. All passengers and employees were being rescreened as a precaution, causing further delays at the airport. (more...)
Walmart, America’s largest retailer, to stop selling handgun ammunition
- September 03, 2019
The changes come amid an effort to reduce gun violence following mass shootings in OH and Texas, Walmart CEO Doug McMillon said in a statement to employees. Of the more than 4,000 Walmart stores in the US, about half sell firearms. Rifles are seen for sale at a Walmart on July 19, 2000. There are 49 Walmart stores in MA, including 27 Supercenters. (more...)
- September 03, 2019
The changes come amid an effort to reduce gun violence following mass shootings in OH and Texas, Walmart CEO Doug McMillon said in a statement to employees. Of the more than 4,000 Walmart stores in the US, about half sell firearms. Rifles are seen for sale at a Walmart on July 19, 2000. There are 49 Walmart stores in MA, including 27 Supercenters. (more...)
India announces mergers of state-run banks to shore up slowing economy
- September 03, 2019
The four mergers are PNB ( Punjab National Bank ) will amalgamate with itself smaller peers Oriental Bank of Commerce and United Bank of India, to create the nation's second- largest lender; Syndicate Bank will merge with Canara Bank; Union Bank of India will take over Andhra Bank and Corporation Bank; and Indian Bank will merge with Allahabad Bank . (more...)
- September 03, 2019
The four mergers are PNB ( Punjab National Bank ) will amalgamate with itself smaller peers Oriental Bank of Commerce and United Bank of India, to create the nation's second- largest lender; Syndicate Bank will merge with Canara Bank; Union Bank of India will take over Andhra Bank and Corporation Bank; and Indian Bank will merge with Allahabad Bank . (more...)
July industrial output growth slows to 2.1% YoY
- September 03, 2019
The crude oil sector continued contracting for at least the thirteenth consecutive month, contracting 4.4% in July, compared with a contraction of 6.8% in June. In fact, growth in coal output went negative in July at -1.4% from 9.8% in the same month a year ago. The 2.1% growth in July is marginally better when compared to the 0.2% growth in the month of June. (more...)
- September 03, 2019
The crude oil sector continued contracting for at least the thirteenth consecutive month, contracting 4.4% in July, compared with a contraction of 6.8% in June. In fact, growth in coal output went negative in July at -1.4% from 9.8% in the same month a year ago. The 2.1% growth in July is marginally better when compared to the 0.2% growth in the month of June. (more...)
China's economy will grow at 5.7% in 2020, says Oxford Economics
- September 03, 2019
The extra tariffs of 5 percent and 10 percent were levied on 1,717 items of a total of 5,078 products originating from the United States . Authorities began charging higher duties on American imports at midday Sunday, according to employees who answered the phone at customs offices in Beijing and the southern port of Guangzhou. (more...)
- September 03, 2019
The extra tariffs of 5 percent and 10 percent were levied on 1,717 items of a total of 5,078 products originating from the United States . Authorities began charging higher duties on American imports at midday Sunday, according to employees who answered the phone at customs offices in Beijing and the southern port of Guangzhou. (more...)
Tennessee Man Sues Popeyes For Running Out Of Chicken Sandwich
- September 03, 2019
A man from Tennessee is not too thrilled about the sold-out chicken sandwiches Popeye's recently released. Authorities say a group of people rushed the door of a Popeyes in Houston Monday night after they were told the restaurant had run out of chicken sandwiches. (more...)
- September 03, 2019
A man from Tennessee is not too thrilled about the sold-out chicken sandwiches Popeye's recently released. Authorities say a group of people rushed the door of a Popeyes in Houston Monday night after they were told the restaurant had run out of chicken sandwiches. (more...)
Gold eases on stronger dollar, trade woes limit losses
- September 03, 2019
MSCI's broadest index of Asia-Pacific shares outside Japan dropped 0.24 per cent, led by a 0.5 per cent drop in Hong Kong's Hang Seng after another weekend of violent anti-government protests. China responded by charging taxes of 10% and 5% on a list of American goods. -China trade war kept prices near multi-year highs. India's Sensex fell 1.6% to 36,731.51. (more...)
- September 03, 2019
MSCI's broadest index of Asia-Pacific shares outside Japan dropped 0.24 per cent, led by a 0.5 per cent drop in Hong Kong's Hang Seng after another weekend of violent anti-government protests. China responded by charging taxes of 10% and 5% on a list of American goods. -China trade war kept prices near multi-year highs. India's Sensex fell 1.6% to 36,731.51. (more...)
Privacy concerns mount over Chinese face-swap app Zao
- September 03, 2019
According to a post from the app makers on China's Twitter-like Weibo, ZAO's servers almost crashed due to the surge in traffic. Zao requires users to sign up with their phone numbers and then upload their pictures taken with the selfie camera. (more...)
- September 03, 2019
According to a post from the app makers on China's Twitter-like Weibo, ZAO's servers almost crashed due to the surge in traffic. Zao requires users to sign up with their phone numbers and then upload their pictures taken with the selfie camera. (more...)
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Indigenous leaders meet to discuss implications of Canadian reconciliation efforts