Markets

by | November 22, 2018 | 01:45

An all-party committee of the legislature made 32 recommendations last February to help pave the way for ride-hailing. "We are limited by insurance". "Ride-hailing enterprises like Uber helped invent the gig economy, where jobs are created to be precarious, unstable, and mostly low-paying. By leveling the playing field, TappCar, and other local rideshare companies, will be able to compete with the global players".

by | November 22, 2018 | 01:13

Nissan's board will decide on Thursday whether to remove the 64-year-old tycoon as chairman, a staggering reversal of fortune for the Brazil-born businessman credited with creating the three-way alliance which together sells more cars worldwide than any other automaker.

by | November 21, 2018 | 04:31

The state's first commercial pot shops opened Tuesday at 8 a.m.in Leicester and Northampton. A line forms outside of Cultivate in Leicester, one of two stores to legally sell marijuana recreationally in MA, on Tuesday. The store's co-founder, Arnon Vered, thanked the mayor and offered this advice: "Remember, go low and slow". Marijuana is already sold legally in six Western states but the long-awaited opening of recreational outlets in MA marks a major milestone for the industry in the U.S.

by | November 21, 2018 | 04:06

But opposition Labour Party leader Jeremy Corbyn said his lawmakers would vote against May's agreement and also try to block a "no-deal" exit. The Prime Minister previously said she did not expect any extension of the transition period to be needed, because she hoped to conclude a deal on the UK's future trade and security relationship with the European Union by its scheduled end-date of December 2020.

by | November 21, 2018 | 02:57

The iPhone maker's stock was down almost 20% from a record high in October as a disappointing holiday-quarter sales forecast and weak outlook from several of its suppliers, took the shine off a stock that has powered a rally in the decade-long bull-run for stocks.

by | November 21, 2018 | 02:30

Millions of Americans this year will wake up at the crack of dawn the morning after Thanksgiving to take advantage of some of the massive sales deals offered on one of the biggest shopping days of the year . There are some also good gaming hardware deals! This does not exclude these products from other promotions'. Of course, for the most hardcore deal-hunters, nothing beats the in-store-only promotions offered on Black Friday, according to Dengler.

by | November 20, 2018 | 03:29

The board chose to set up a panel for transfer of the RBI's surplus funds to Centre, review the prompt corrective action (PCA) framework , frame a restructuring scheme for stressed micro-, small- and medium enterprises ( MSMEs ) loans and relax a component of capital adequacy norms by one year.

by | November 20, 2018 | 03:34

Tensions had been rippling through the summit before the final leaders' meeting on Sunday. He made these remarks in response to a question about the trade war during an interview with Singapore media yesterday to wrap up his visit to Papua New Guinea for the Apec summit.

by | November 20, 2018 | 03:47

Almarosa Tenorio died after she fell from the Royal Princess as it sailed in the Caribbean between Curacao and Aruba on Tuesday. A spokesman for Aruban prosecutors said he was the woman's partner and that her death was being treated as "unnatural".

by | November 20, 2018 | 02:57

Oil futures fell about 1 percent on Monday amid global oversupply worries, but losses were muted as investors eyed potential sanctions on Iran from the European Union, a possible production cut from OPEC and slightly bullish storage drawdown in U.S.

by | November 20, 2018 | 02:19

On a curious note, while bitcoin has fallen some $14,000 since its late-December 2017 high just below the $20,000 mark, the current price, around $5,000, is still roughly five times higher than January 2017 levels of around $1,000. Some analysts from Bloomberg Intelligence (BI) anticipate that Bitcoin ( BTC ) will "fall further", as reported by Bloomberg . Two factions within the Bitcoin Cash world couldn't agree on a proposed upgrade to Bitcoin Cash.

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.