Finance

by | April 02, 2019 | 06:30

Erdogan, who has dominated Turkish politics since coming to power 16 years ago and ruled his country with an ever tighter grip, campaigned relentlessly for two months ahead of Sunday's vote , which he described as a "matter of survival" for Turkey .

by | April 01, 2019 | 20:15

The impasse has forced May to postpone Britain's original exit day from March 29, but she said it would be "unacceptable" for a further delay beyond European Parliament elections held from May 23 to May 26. "For the second half we are seeing softness in both the United Kingdom and Europe, which we believe comes from macroeconomic uncertainty and many unanswered questions surrounding Brexit which are together driving weaker customer demand", easyJet CEO Johan Lundgren said.

by | April 01, 2019 | 18:58

China will sharply expand market access for foreign banks and securities and insurance companies, especially in its financial services sector, Premier Li Keqiang said on Thursday, as senior U.S. China wants the US tariffs imposed on Chinese goods lifted but Trump said last week the duties would remain in place for a "substantial period of time".

by | April 01, 2019 | 15:49

If confirmed however, the result would mark a major blow for Turkish President Recep Tayyip Erdogan's AKP, which had put forward a former prime minister, Binali Yildirim, as its candidate. School teacher Zeki Demirci echoed Ci's concerns, having voted for the AKP in Istanbul's mayoral election. Turkey's opposition candidate for Istanbul mayor Ekrem Imamoglu was leading Monday by almost 28,000 votes with most ballot boxes counted, Supreme Election Board (YSK) chairman Sadi Guven said.

by | April 01, 2019 | 15:44

CBS 2 in NY reported that the issue is affecting flights with Southwest Airlines, United Airlines, Jet Blue, Alaska Air and Delta. Canada's Alaska Air Group Inc also said on its social media account that it was experiencing a system-wide outage.

by | March 30, 2019 | 22:30

Reuters reported corporate profits failed to rise for the first time in more than two years. Pretax corporate profits fell 0.4 percent from the prior quarter for the first decline since early 2017, though profits still rose 7.4 percent from a year earlier.

by | March 30, 2019 | 22:09

On Thursday, Lyft priced 32.5 million shares, slightly more that it was offering originally, at $72, the top of its already elevated $70-$ 72 per share target range, raising $2.34 billion in its initial public offering . The IPO has significantly lifted the value of Lyft from its previous valuation of $15.1 billion. Shares are trading on the Nasdaq Global Select Market under the ticker LYFT.

by | March 30, 2019 | 18:26

McDonald's will begin rolling out the tech in the Drive Thru at restaurants in the United States this year before expanding to other global markets. McDonald's also plans to incorporate the technology in its self-order kiosk and mobile app.

by | March 30, 2019 | 12:41

As Leafly pointed out , "Passage of the 2018 farm bill in Congress late past year led many to believe that hemp-derived CBD had become legal nationwide". But the FDA considers hulled hemp seeds, hemp seed protein and hemp seed oil as safe to add to food. But as long as people continue to pursue affordable alternatives to pharmaceuticals, CBD products will remain in the public's eye.

by | March 29, 2019 | 23:12

The lira slid almost 6 percent Friday, prompting President Recep Tayyip Erdogan to call for a crackdown on market "manipulations" and Turkish regulators to open a probe into investment banks. "We should discipline the speculators in the market", he said. Last year, it tumbled nearly 30 percent against the US currency. In an attempt to stabilise the currency since an initial sell-off last Friday, the Turkish government had directed banks to temporarily starve the London market of lira ...

by | March 29, 2019 | 22:27

Apple faces a United States ban on sales of some iPhone models after a judge said the company had violated a patent held by the microchip company Qualcomm. "The innovations we contribute to the iPhone extend well beyond a single component and Judge McNamara's decision, along with recent infringement rulings in other United States and foreign courts, affirm the value of our technologies", Rosenberg said.

by | March 29, 2019 | 17:46

While it identified "serious and systemic defects in Huawei's software engineering and cyber security competence", the board said in the report that it does not believe the defects were a result of Chinese state interference . "If an attacker has knowledge of these vulnerabilities and sufficient access to exploit them, they may be able to affect the operation of the network, in some cases causing it to cease operating correctly", the British watchdog agency warned, mirroring concerns ...

by | March 29, 2019 | 12:57

CFIUS' specific concerns and whether any attempt was made to mitigate them could not be learned. Though Reuters is claiming the us committee's exact concerns haven't been revealed, it's believed this decision to force Grindr's sale has to do with the safety of its users' personal data.

by | March 29, 2019 | 10:58

New York City's chief of detectives Dermot Shea thanked posters for reporting "this crime". "And if its not, it should be". But the cut did not dissect the bagel into two. Another St. Louis delicacy: Banana sandwiches. Panera bread, also known as "Saint Louis Bread Company" in its founding city, tweeted that even their corporate office was divided on the issue.

by | March 29, 2019 | 09:40

Lost among Apple's announcement of a new streaming TV service , subscription game service , and fancy new titanium credit card was the release of iOS 12.2 . What interest rate will the Apple Card have? In terms of new features, the iOS 12.3 public beta brings Apple's revamped TV app to the platform.

by | March 29, 2019 | 08:58

Lyft's IPO was oversubscribed just two days into its investor roadshow, Reuters reported last week. The company was previously valued at $15 billion following its last private funding round in 2018. Our net loss was $682.8 million, $688.3 million and $911.3 million in 2016, 2017 and 2018, respectively, and our Contribution was $82.0 million, $400.9 million and $920.8 million in 2016, 2017 and 2018, respectively.

by | March 28, 2019 | 23:26

Further price support came from another power cut in Venezuela, the second to hit the OPEC nation this month, raising concern about the country's oil exports. Oil extended losses in NY, with West Texas Intermediate futures dropping 1.7 per cent to US$58.40 a barrel as of 8:41 a.m. local time. West Texas Intermediate for May delivery shed 11 cents to close at $59.30 a barrel on the New York Mercantile Exchange.

by | March 28, 2019 | 21:10

They say some airlines may offer reduced fares or rescue fares due to these circumstances. It wasn't until the following morning that she received an email from Wow Air informing passengers that the airline had ceased operations and all flights were canceled.

by | March 28, 2019 | 14:59

Benchmark 10-year U.S. Treasury yields rose off 15-month lows as markets steadied. The yield curve between three-month notes and 10-year yields was inverted by around four basis points, slightly less than an inversion of around five basis points on Monday.

by | March 28, 2019 | 11:52

Three tickets each won $50,000 in Saturday's drawing by matching four of the first five numbers plus the Powerball number. Lottery players who wish to remain anonymous if they win the jackpot prize should check the rules in their participating state and the rules of the lottery drawing.

by | March 28, 2019 | 11:42

The Green New Deal is a non-binding proposal to shift the United States away from oil, natural gas, and coal to renewable energy sources, including wind and solar power. Edward Markey (D-Mass.) that aims to make changes in American society to combat climate change. The McConnell video includes ample footage of Democratic senators praising the proposal, which Republicans like McConnell have called a "radical, top-down, socialist makeover of the entire US economy".

by | March 28, 2019 | 08:57

The fast-food chain announced it will acquire Dynamic Yield , a digital startup with headquarters in NY and Tel Aviv, for more than $300 million. Dynamic Yield will expand McDonald's "ability to increase the role technology and data will play in our future", McDonald's CEO Steve Easterbrook said in a statement.

by | March 27, 2019 | 18:57

No illnesses associated with the recall have been reported , the Henry Avocado Corporation said in its recall notice on Saturday, adding the measure was taken "out of an abundance of caution". It can also cause unsafe complications in pregnant women. The FDA has advised consumers not to eat avocados affected by the recall. Henry Avocado Corporation has issued a recall for whole avocados over listeria concerns.

by | March 27, 2019 | 11:40

The firm will continue to operate under its own brand as a subsidiary of Uber. Uber is going to let Careem operate independently, under the leadership of its co-founder and current CEO Mudassir Sheikha . Still, neither company has turned a profit yet, as competition for market share has kept fares artificially low. While Uber arrived in the Middle East with a sizable war chest, Careem's understanding of the region's culture-and its willingness to craft a service for local mores and ...

by | March 25, 2019 | 23:00

Credit card industry analysts said the rewards programs were not significantly different from what is now available in the market, but that Apple's broad consumer reach could make it a major player. Should trouble or a question arise, users can text Apple Card and get immediate replies. The rewards are applied directly back toward your Apple Card to spend or put toward your recent purchases.