Markets

by | November 19, 2018 | 13:25

The newspaper reported that Ghosn, who is also chairman and chief executive of France's Renault, was suspected of having understated his own income on financial statements and had agreed to voluntarily speak to prosecutors. Nissan's German-listed securities 7201.TG plunged 12 percent. Nissan is to propose dismissing Mr Ghosn and board member Greg Kelly at a board meeting, according to Japan's NHK .

by | November 19, 2018 | 12:43

In his letter Mr Catalano offered to acquire 19.9 per cent of Fairfax shares at above market prices and pursue a different direction than the Nine merger by selling non-core assets and building Domain franchises. At the time, the ACCC said the deal would not significantly lessen competition in terms of advertising opportunities, or the creation and provision of news and non-news content.

by | November 19, 2018 | 13:27

On November 16th, the SEC declared a settlement of charges against CarrierEQ Inc . and Paragon Coin Inc ., respective operators of the Airfox and Paragon Coin ICOs, for failing to register their tokens with the Commission as securities.

by | November 19, 2018 | 12:28

Top government officials and one independent director have pressed the RBI to ease lending and capital rules for banks, provide more liquidity to the shadow banking sector, support lending to small businesses and to let the government use more of the RBI's surplus reserves to boost the economy.

by | November 19, 2018 | 10:43

At this rate of progress, XRP came closer to the market cap of the second-largest currency, Ethereum , now counting over 20 billion dollars in market capitalization in oppose to 21 billion that ETH currently has. Today, the market cap of XRP has jumped to $21B United States dollars, running neck and neck with Ethereum, whose MCAP hovers around $21.5B USD. However, the price of XRP has plummeted after many exchanges readjusted at the end of last year's bull run.

by | November 18, 2018 | 07:36

Since the video was posted to Twitter-like Weibo on Wednesday, it has racked up more than 30 million views. A Chinese whistle-blower has created another storm online by posting a video that purports to show staff in more than 100 upmarket hotels not following hygiene protocols when cleaning rooms, using the same soiled towels to wipe drinking cups and toilets.

by | November 18, 2018 | 04:04

The postal operator said the offer will expire Saturday, Nov. 17 at 11:59 p.m. "This measure is to ensure we can reach a just-in-time resolution and deliver for Canadians ahead of the holiday rush", the Crown corporation said in an email.

by | November 18, 2018 | 03:05

They called themselves "yellow jackets" because most were wearing the fluorescent yellow vests that must be kept in vehicles of all French drivers in case of auto troubles. President Emmanuel Macron's government has faced sliding approval ratings in recent months due to a scandal involving his top security man, concerns over France's economic slowdown, and the unpopularity of government plans to cut social spending and raise taxes.

by | November 18, 2018 | 02:14

The Ontario government announced new regulation for legal pot shops on Wednesday night. Private retail recreational cannabis stores will be permitted to open between 9:00 a.m. When it comes to licences, the province will start accepting applications on December 17. Licences also won't be issued to anyone who has an association with organized crime, and applicants must demonstrate their tax compliance status.

by | November 18, 2018 | 01:46

The recalled items include one-pound packages of Jennie-O Ground Turkey 93% Lean, Taco Seasoned Ground Turkey, Ground Turkey 85% Lean and Italian Seasoned Ground Turkey. According to the USDA recall alert, the illness lasts four to seven days and most people recover without treatment. Symptoms of salmonella infection include diarrhea, abdominal pain and fever.

by | November 17, 2018 | 07:26

Front overhang has been shortened, while that for the rear has been increased. Toyota says the new interior has an "elevated feeling of quality in every surface, switch and control the driver sees and touches". Toyota has unveiled the new Corolla Sedan at Auto Guangzhou in China, showing off its sporty new design language on a four-door body for the first time.

by | November 17, 2018 | 06:28

Its adjusted loss before interest, taxes, depreciation and amortisation was $592 million (about Rs. 4,270 crores), down from $614 million (approximately Rs. On either metric, the loss was about 20 percent higher than Uber's loss in the second quarter . Uber's latest financial report shows that losses in the Q3 have further expanded from that in Q2, which may not be good news for Uber, which is expected to be listed next year.

by | November 17, 2018 | 05:15

Top White House economic aide Larry Kudlow said the high-level efforts continue to resolve the US-China trade war, and follow Trump's recent telephone call with Xi. Some analysts and officials have raised the possibility that the two presidents could agree to a ceasefire of sorts at the G-20. "He talks to people on Wall Street, yes", said the White House Economic Council director.

by | November 17, 2018 | 01:38

The BlackBerry Spark platform will join Cylance's cybersecurity software with next-generation secure chip-to-edge communications and promises to deliver trusted connections between any endpoint. Privately owned Cylance uses machine learning to preempt security breaches before they occur. Notable Cylance customers include Panasonic, Intermedia, the Boy Scouts of America, and BJ's.

by | November 17, 2018 | 01:59

While initially that sounds very negative, Bezos went on to suggest that the lesson from other big companies that go bankrupt is to not "focus on ourselves, and instead focus on our customers". The remarks come several months after Bezos responded to concerns that President Trump has it out for the company and government regulation could be Trump's answer to curbing Amazon.

by | November 17, 2018 | 01:54

Aston Martin's first-ever SUV will officially be called the DBX, the automaker announced mid-November, and will put the thing into production not long from now, with prototypes already undergoing real-world testing. First off, the concept's two-door coupe body has been replaced by a traditional four-door SUV layout. The name DBX, which has been applied to the vehicle through most of its development, will remain when the auto reaches showrooms.

by | November 16, 2018 | 07:57

NewscomToday Food and Drug Commissioner Scott Gottlieb, who has been talking for months about an "epidemic" of underage vaping , finally released the survey data to which he was referring, along with his agency's plan to reverse the trends that trouble him.

by | November 16, 2018 | 06:37

The lawsuit, filed Thursday in the Circuit Court of Cook County, Illinois, where Boeing is headquartered, centers on a new safety feature that can cause the 737 Max 8 aircraft to "auto-dive" in certain situations. Both Lion Air and the APA have now rejected the company's assertion. A Boeing spokeswoman said the manufacturer could not discuss specifics of an ongoing investigation but it had provided two updates for operators around the world that re-emphasise existing procedures to deal with ...

by | November 16, 2018 | 06:53

PST. The photo of the Passport being driven through a curve in a dirt road makes strategic use of the SUV's dust wake to obscure any details of its exterior. Honda, noting that consumer demand for SUVs and crossovers continues to grow, said the Passport will help draw new buyers and keep "existing customers in the Honda family".

by | November 16, 2018 | 04:06

Princess Cruises confirmed a 52-year-old American woman had died aboard the ship in a statement to USA Today , but did not further elaborate on the circumstances surrounding her passing. Another passenger said: "We are on this ship too". One person who spoke with the Curacao Chronicle said, "We can literally see the lifeboat from our room".

by | November 16, 2018 | 02:54

Appearing before the House of Commons earlier Wednesday, May confronted the anger of both those who want a cleaner break with Brussels and those who think Brexit is a disaster. Raab's departure came after the EU's Tusk called a November 25 summit to ratify the agreement. Dominic Raab resigned on Thursday in protest at Prime Minister Theresa May's deal for leaving the EU.

by | November 16, 2018 | 01:42

Merrill Lynch says USA crude production will break through 12 million bpd in 2019, supporting oil exports to the rest of the world. "Whatever price that we end up with, the market will decide the price, not us". Oil prices should be much lower based on supply! Opec is to gather in Vienna to assess the market. On the supply side, a surge in USA production is contributing to rising stockpiles.

by | November 15, 2018 | 03:59

When she was told to move to the front of the restaurant, she responded by assaulting the employee. Yes. ketchup. And it was all caught on surveillance video . Police said they hope to find the man, but clarified that he is not in trouble, according to KTLA-TV . "Obviously, we take these things seriously", he said.

by | November 15, 2018 | 03:24

The source of Trump's anger appears to be a comment made by Macron last week calling for the formation of a "True European Army" to deal with potential future threats from China, Russia - and the US. President Donald Trump on Tuesday took aim at France's trade practices surrounding its wine industry . Macron had also said Europe needs to protect itself against cyberthreats from China, Russia and the US.

by | November 15, 2018 | 01:50

Google's decision followed a global staff walk out that was prompted by revelations over how some previous senior executives had, essentially, been financially rewarded after complaints of sexual harassment had been made against them. Google noted its chief diversity officer would continue to lead monthly discussions with Pichai on topics of diversity and equity. She told a conference hosted by The Wall Street Journal that she joined employees walking out two weeks ago in protest at how ...

by | November 15, 2018 | 02:57

Speaking of membership levels, Uber Rewards customers can unlock four membership levels: Blue, Gold, Platinum, and Diamond. Two days later, Uber announced a similar program. The company is instead emphasizing enticements like allowing riders to lock in in the price of a trip between two locations, such as home and work, to avoid surge pricing during busy hours.

by | November 15, 2018 | 02:59

The post is a hoax that has been going around for some time and the U.S. Postal Inspection service says it's now making its return in time for the holidays. Who's in? Just comment "I'm in"?? This scam has been spotted on Facebook, Instagram and Twitter. Check with BBB before becoming involved in suspicious and possibly illegal activity.

by | November 15, 2018 | 02:42

METALS: Gold fell 0.4 percent to $1,203.50 an ounce. Australia's S&P-ASX 200 gained 0.3 percent. The Dow is down 702.81 points, or 2.7 per cent. The Dow is up 567.27 points, or 2.3 per cent. After hours, Apple stock nudged 0.2% higher, however. With Monday's losses, all three indexes erased the gains from their brief rally after the U.S.

by | November 15, 2018 | 01:36

An afternoon recap of the day's most important business news , delivered weekdays. Meanwhile, in Denver and elsewhere we're celebrating the rejection of our Amazon bids. She praised the region's talented workforce, especially in engineering, robotics, and software development, said people familiar with the call. But the company will be able to take advantage of existing city tax credits, including a program designed to encourage companies to create jobs outside the busiest parts of ...

by | November 14, 2018 | 10:11

It was the largest one-day percentage decline for the contract since September 2015. Oil prices have dropped significantly in recent weeks, with the US benchmark price dipping below $60 per barrel, according to Market Watch. It said that it expected "subdued global economic growth" to drive demand even lower than Opec was now forecasting. Top group member Saudi Arabia said output needs to curbed by about 1 million barrels a day from October levels.

by | November 14, 2018 | 09:00

The publication cited "safety experts and mid-level FFA officials and airline pilots involved in the investigation" and said the feature was installed to avoid raising the plane's nose too high. Boeing released an operational bulletin on Wednesday, warning all airlines about how to address any erroneous readings related to the AOA sensor. Because of those findings, Boeing issued a service bulletin on November 6, pointing airplane operators to "existing flight crew procedures to address ...

by | November 14, 2018 | 08:14

And Walmart has promptly accepted his resignation as well. "These allegations might change things a little bit". Flipkart CEO Binny Bansal has left the building. Sameer Nigam, meanwhile, will continue leading PhonePe as CEO. Before Flipkart, Walmart's business in India was focused only on selling items directly to small businesses though its Best Price stores.

by | November 14, 2018 | 09:13

Christie's sold the "Pink Legacy" diamond at auction today for more than US$50 million ($74m) including fees, saying it's a new world record price per carat for a pink diamond. The Pink Legacy, which once belonged to the Oppenheimer family which for decades ran the De Beers diamond mining company, was snapped up by American luxury brand Harry Wilson, part of the Swiss Swatch group.

by | November 14, 2018 | 08:03

As the nation observed Veterans Day, President Trump spent the day out of public view, but his tweets suggested he is thinking about how a House controlled by the Democrats might impact his presidency. "We welcome the presence of these activists, and we strongly urge the Capitol Police to allow them to continue to organize and participate in our democracy".

by | November 14, 2018 | 07:02

However, at a press conference Tuesday, Mayor Bill Peduto said the city and county will release its Amazon bid, perhaps as soon as Thursday. "Amazon may not be building its next headquarters here, but the company remains an excellent partner with multiple facilities in central OH".