Finance

by | February 12, 2019 | 22:10

Ms Wilson-Raybould has so far declined to comment on the story, citing solicitor-client privilege. Prime Minister Justin Trudeau on Monday said he welcomed an investigation by Canada's ethics commissioner into allegations his office interfered in the criminal case against SNC-Lavalin, the latest twist in the weeks-old scandal that has rocked the Liberal government.

by | February 12, 2019 | 12:42

Britain and Switzerland have signed a continuity agreement that will allow the two countries to trade with each other once the United Kingdom leaves the European Union. Time pressure is mounting. "Should the United Kingdom leave the European Union on 29 March without a deal, the agreement will come into effect on a provisional basis from 30 March 2019", the government statement said.

by | February 11, 2019 | 15:26

Papa John's: Papa John's is offering any large specialty pie for $12-including their Philly cheesesteak pizza, which is back for a limited time. Since it would be sacrilegious not to consume at least a slice on the holiday, we've rounded up a list of pizza deals you can score this Saturday.

by | February 10, 2019 | 00:10

The social networking company will stop releasing its number of monthly active users, a figure which has been declining. Twitter said it measures its number of daily users differently than other companies because it counts only users who can view ads.

by | February 09, 2019 | 22:31

If the ruling is upheld, Facebook will be required to allow users to specifically approve data collected from other Facebook-owned sources and third-party websites assigned to their accounts. Last month, for example, the social network was accused by European Union officials of taking a "patchy, opaque and self-selecting" approach to tackling misinformation on its platform.

by | February 09, 2019 | 16:30

As the United Kingdom approaches the March 29 deadline to leave the European Union without yet having a deal for a new relationship settled, businesses are slashing spending and consumers are growing more anxious. As predicted, the Bank kept interest rates on hold at 0.75%. But a government report leaked last week showed unemployment at a 45-year-high of 6.1 percent in 2017-18.

by | February 09, 2019 | 12:25

So much so that the internet giant might reconsider the project, according a Washington Post report . The financial incentives NY lavished on Amazon to lure the company there also troubled some liberals. "I would be happy not to have them", said Terri Gloyd, the co-owner of the LIC Corner Cafe. "I don't think, in the end, there's a lot of public servants want to be responsible for losing 25,000 to 40,000 jobs", de Blasio said.

by | February 09, 2019 | 12:09

The only bank with the size and scale of the new merged BB&T-SunTrust would be Minneapolis-based U.S. Bank, which has a large presence in the Midwest and Rocky Mountains. They said they'll now have top-three market share in eight states. The companies will operate banks from Pennsylvania to Florida, and as far west as Texas.

by | February 09, 2019 | 11:10

It anticipates a loss for the financial year as a whole for the first time in a decade. The result is the company's worst quarterly loss, driven in part by a £3.1 billion ($5.7 billion) write-down on the value of its investments. Excluding the one-off accounting charge, JLR lost £273m before tax during the last quarter. The step raises questions on whether it could affect Tata Motors' credit rating that has already been revised downward in the recent past.

by | February 09, 2019 | 09:23

The opposition leader and self-declared Interim President Juan Guaidó has said Venezuelans will die without it. According to the New York Times , Maduro has "long relied on food handouts to keep his political base loyal during the country's long economic collapse", so shipments of aid are seen as a threat to the dictator as he struggles to fend off a coup.

by | February 09, 2019 | 06:01

US President Donald Trump is expected to sign an executive order next week that would ban Chinese telecommunication equipment from US wireless networks, the Politico website reported citing sources. The oversight board additionally pointed out medium-term concerns for incoming technologies, including software-defined networking, network virtualisation, edge computing, and 5G.

by | February 08, 2019 | 08:43

For dramatic purposes, it can't end any other way except with Bezos producing evidence that Trump himself put the Enquirer up to digging up dirt on him, as revenge for the Washington Post's negative coverage of POTUS. Do you see how much I like writing "Pecker"? The e-mails detail explicit photos The Enquirer had obtained of Mr Bezos and Ms Sanchez but hadn't run, and went on say AMI would not publish the photos if Mr Bezos stopped his investigation and publicly said he did not ...

by | February 07, 2019 | 23:51

The producers known as OPEC+ began cutting production by 1.2 million barrels per day from last month to avert a new supply glut and OPEC has delivered nearly three-quarters of its pledged cutback already, according to a Reuters survey. "While Venezuela's output reportedly rose last month, fresh USA sanctions on the country could see 0.5 to 1 percent of global supply curtailed", said Vivek Dhar, commodities analyst for Commonwealth Bank of Australia in a note on Monday.

by | February 07, 2019 | 20:12

Despite the cut the rupee edged up 0.1 percent against the dollar. Some of those issues worsened dramatically after the government suddenly banned the use of then existing high-denomination banknotes in 2016 and hastily introduced Goods and Services Tax (GST) in 2017.

by | February 07, 2019 | 15:22

During the remainder of Q1 2019, the capital company expects a gradual lift in prices as OPEC data confirm compliance to the agreement and OECD oil stocks begin to fall to lower than the five-year average. Also supporting the market is concern that a Venezuelan crisis - and sanctions announced recently - could cause a collapse of the 1.15 million crude oil per day production of Venezuela .

by | February 07, 2019 | 13:12

The UN predicted the European Union stood to gain $70 billion as both China and the USA seek new outlets for their exports, and up to $90 billion in additional trade due to larger value chain changes in East Asia. But because the magnitude and duration of tariffs is unclear, Brazilian producers have been reluctant to make investment decisions that may turn out to be unprofitable if the tariffs are revoked.

by | February 06, 2019 | 17:39

Donald Trump has warned he could use military force in Venezuela if Maduro does not hand over power, after the USA recognised opposition leader Juan Guaido as the country's interim President. Trudeau said the money will go toward addressing the basic needs of most Venezuelans and assisting more than three million Venezuelan refugees overseas.

by | February 05, 2019 | 22:17

Wright says the company expects to have a "modest" number of other salaried reductions completed shortly but declined to provide specifics. The workforce reduction - targeted at 15 percent of its 54,000 salaried employees in North America including slashing global executives by 25 percent - was announced in conjunction with the potential closure of five North American plants and two elsewhere.

by | February 05, 2019 | 16:41

Under the deal 27 HMV stores will close immediately with the loss of 455 jobs, with the further loss of 122 warehouse jobs to follow in the weeks to come. The company collapsed into administration for the second time in six years in December putting 2,200 jobs at risk. Neil Gostelow added: "We are grateful for the support of all key stakeholders including the suppliers whose support throughout this process has been key in securing this sale".

by | February 05, 2019 | 16:24

It also makes ultracapacitors, which discharge energy faster than regular electric vehicle batteries. "We are always looking for potential acquisitions that make sense for the business and support Tesla's mission to accelerate the world's transition to sustainable energy", a Tesla spokesman told Barron's on Monday morning.

by | February 05, 2019 | 13:22

The consensus analyst estimates call for $10.86 in earnings per share (EPS) and fourth-quarter revenue of $38.98 billion. Little is known about the finances of YouTube , Google's homegrown smartphones and other hardware, its cloud-computing operation, and potentially promising experiments such as driverless cars.

by | February 05, 2019 | 04:12

According to a research piece from a leading industry researcher, QuadrigaCX , a Canadian Bitcoin (BTC) exchange in the midst of a multi-month imbroglio, could have been fibbing about its cryptocurrency holdings - and by a large sum at that.

by | February 05, 2019 | 03:42

The Starship project, which SpaceX expects to become its main family of spacecraft and carry passengers to Mars, has been going through twists and turns at the company's Boca Chica, Texas facility. In December 2018, Musk tweeted that the Raptor had been "radically redesigned", while not elaborating. The Super Heavy mounts 31 Raptor engines, while the Starship has seven.

by | February 04, 2019 | 23:27

At the time, GM said it wanted to cut about 8,000 salaried workers from its payroll. As federal workers across the country struggle to regain traction after the government shutdown, General Motors workers are bracing for layoffs set to start next week.

by | February 04, 2019 | 22:37

Both Amazon .in and Flipkart have to comply with these rules, and the end result is that several products that were once easily available on these platforms are no longer as easily available. The rules also target exclusivity arrangements that we see for many smartphones , meaning that it now becomes illegal for the marketplace and the seller to enter into such an agreement.