Finance

The spokesperson went on to say the decision was a result of multiple factors including a "declining micro-car market in the USA and Canada, combined with high homologation costs for a low volume model". Here are five key decisions that could have taken Smart on a different trajectory in the U.S. A couple of years ago, the Smart went electric-only in the USA and Canada, where small auto sales are waning and EV sales have yet to take off - though it continues to sell internal combustion ...

The automaker said select Ford and Lincoln vehicles from 2017 onward will have the ability to link up to Amazon Key through the FordPass Connect and Lincoln Connect connected auto cloud services. Their drivers' delivery methods can sometimes leave a lot to be desired - with packages thrown over the garden fence or simply left in the porch for any passers-by to help themselves to.

Eric Schmidt has been a member of the Board since March 2001, and in addition to that, he also served as Google's CEO between July 2001 and April 2011. Last but not least, Robin L. Washington is joining the Board. Before the announced changes, seven of Alphabet's 11 directors had been on the board for more than a decade.

Trump has nominated ally Stephen Moore for another vacancy about the seven-member board of the Fed. Moore, in an interview on Sunday, said he "regrets" some of his past remarks allegedly ridiculing women's involvement in sports. Moore said that was supposed to be a humor piece. Trump also had planned to nominate former pizza chain executive Herman Cain for a Fed seat, but Cain withdrew from consideration last week, saying it would reduce his income and influence.

Though fraudsters demanding digital assets from their victims is not new in the country, the figures soared 190 percent as in the previous year the market watchdog reported a loss of only AUD 2.1 million (about $1.48 million) in crypto scams.

ANYONE WORRYING about the Land Rover Defender going soft in its next incarnation seemingly has nothing to fear: its maker has been putting the prototypes through their paces on some of the world's toughest terrain. The move will likely mean fully independent suspension front and rear, though a low-range transfer case and multiple differential locks should ensure strong off-road performance.

The bugs could have given Huawei unauthorized access to the carrier's fixed-line network in Italy and allowed third-party access to a customer's personal computer and home network, according to internal Vodafone documents from 2009 to 2011 apparently seen by Bloomberg .

Pompeo and Swaraj were initially scheduled to speak a day before the U.S. secretary of state announced on April 22 that the Trump administration will no longer grant exemptions from sanctions to any country importing Iranian oil. Washington in November snapped back sanctions on Tehran's banking, energy and shipping industries while granting 180-day waivers to eight of Iran's major oil buyers in order to stabilise the global energy market.

Pompeo's claims were denounced by Maduro later. Pompeo declined to specify the source of his information but said the USA was talking to "scores and scores of people on the ground" as well as looking at open-source material. "It's a very delicate moment", he said. Venezuela's UN Ambassador Samuel Moncada rejected Bolton's remarks as "propaganda". Tensions in Venezuela have escalated since Guaido, who heads Venezuela's National Assembly, declared himself acting president on January 23, ...

On 29 April 2019, Chase Bank generated a spate of online anger by posting a tweet advising people to cut back on eating out and buying coffee to avoid low account balances. Porter concluded her CNN appearance Tuesday by questioning Dimon's commitment to ensuring "prosperity for every American family" by lowering health-care costs and increasing wages.

The remarks, from U.S. Republican Senators Joni Ernst and Lindsey Graham , respectively, signaled growing resistance to Trump's bid to put a loyalist on the Fed's policy-setting panel after remarks denigrating women, made over almost two decades of writing and commentating, were widely reported last week.

Apple's Q2 revenue is projected to slip 5.9% from the year-ago period to hit $57.54 billion , based on our current Zacks Consensus Estimate. That result was helped along by a almost 50% jump in the wearables business, which includes the Apple Watch and AirPods .

There was no evidence of any data being compromised, said Vodafone. Vodafone Italy found that Huawei's routers had unsecured telnet access, and the company told Huawei to remove it. Vodafone said the vulnerability had stemmed from the use of Telnet, a protocol that was commonly used by many vendors for performing diagnostic functions.

Jaguar Land Rover said it now has no timetable for a commercial roll-out of this technology to its vehicle line-up. The company is working with the IOTA Foundation to use its distributed ledger tech for the payments, which doesn't charge a transaction fee and could thus be used to automatically pay for tolls, parking, coffee and anything else drivers might buy while in their cars.

It was also emphasised that it would not be an easy task for India to arrange a replacement for 23.5 million tonnes of oil - the amount supplied by Iran annually - from an alternative source. Despite this, the bank said it expected "a almost balanced market in 2019" as output from OPEC and also the United States will rise. Iranian exports were not significant, Falih said.

Spotify also reported that total monthly active users, which includes listeners with free ad-supported accounts, had grown to 217 million, up 26 per cent compared to the same quarter the year before. The results, released with the Swedish company's earnings Monday, helped give Spotify some breathing room after it was dethroned in the U.S. earlier this month by Apple.

Analysts had reckoned revenue of $5.67 billion, so the segment came in a bit short, though Porat said cloud and Play led growth but that growth was offset by lower hardware revenue thanks to competition with its Pixel phones. Still, the company has yet to tout significant revenue from its spending on ventures such as self-driving cars and its AI helper Google Assistant. And Google's costs could jump further if governments globally follow through on threats to rein in the ability of apps to ...

The original test, launched in 58 restaurants in St. Louis on April 1, went "exceedingly well", according to a company spokesperson. The plant-based burgers for Burger King will be made with the same recipe as Impossible's other products, but has been reformulated to resemble the broad, flat shape of the Whopper patty.

So far, over 170,000 passengers have been affected by the strike. It affected most domestic flights, as well as SAS European and Intercontinental flights. Swedish and Danish government interests have been reduced in recent years and now account for 14.82 percent and 14.24 percent respectively of the airline's current ownership.

Small-company stocks rose much more than the rest of the market, which was on track to finish the week slightly higher. A big decliner was Xilinx Inc, which tumbled 13.6% after the programmable chipmaker's quarterly gross margins fell short of estimates.

Saudi officials told the Journal, Trump did not speak with Crown Prince Mohammed bin Salman. An oil price shock sparked by Donald Trump could propel crude to $100 per barrel (£77.40) and derail a recovery in global growth next year, economists have warned.

Airplanes of the Scandinavian Airlines' SAS company park on ground at the Gardamoen Airport during a pilots' strike on April 26, 2019 in Oslo, Norway. SAS management representatives have branded the pay and work demands as "impossible" to meet. SAS is in the midst of renewing an elderly and fuel-intensive fleet after spending years cutting costs in the face of cut-price competition from budget carriers such as Norwegian Air Shuttle and Ryanair.

The interim stay that the court had previously ordered barring the farmers from growing and selling the potato variety is to remain in effect till the next hearing June 12. If that is not possible, they must enter PepsiCo's collaborative farming programme under which farmers would buy seeds from the company and sell it back the produce.

Growth has stepped down from a peak 4.2-percent pace in the second quarter of 2018, when the White House's 1.5-trillion-U.S. -dollar tax cut package jolted consumer spending. Mark Zandi , a chief economist for Moody's Analytics, said that news about the USA economy is good for the rest of the world. That followed a 2.2 per cent advance in the prior three months.

Lucara Diamond Corporation said it unearthed the stone - roughly the size of a tennis ball - at its Karowe project in Botswana, a mine renowned for its huge gems including the previous holder of the No. Still, the company said the diamond is a near gem of variable quality, meaning it won't yield incredibly valuable polished diamonds on par with earlier finds.