Finance

by | June 22, 2019 | 23:00

According to a company filing, Slack has a user base of more than 10 million and cumulative weekly usage is more than one billion messages and 50 million hours. This year is on track to be the busiest for public listings in more than a decade. Recent enterprise software IPOs include Crowdstrike Holdings Inc and Zoom.

by | June 22, 2019 | 16:27

Of course, it can sometimes make sense to use Qantas points at short notice or during peak travel periods when pricing is at a premium. Points required for upgrades will also increase by up to 9 percent. Due to launch later this year, the Points Club will provide access to member-exclusive offers and discounts across Qantas as its partners. The initiative will include two tiers with entry based on a member passing an annual points-earned criteria.

by | June 21, 2019 | 17:42

Unlike the others, the company says, Libra's value will be tied to real money backed by banks and government securities in major currencies like the USA dollar, euro, yen and others. While Libra intends to solve some issues cryptocurrencies face, Powell said that Facebook's group, which include Visa, Mastercard, Paypal, and Uber , needs to address and overcome other issues before Libra can be made available worldwide.

by | June 21, 2019 | 13:27

Besides Malaysia, the Japanese financial daily reported sources as saying that the United States handphone maker is also considering relocating its plants to other South-east Asian countries like Indonesia and Vietnam, as well as India and Mexico.

by | June 21, 2019 | 04:08

Stockpiles slid more than double the median analyst estimate for a 1.25-million-barrel decline. Oil prices rose almost 2 percent on Thursday on signs of improving demand in the United States, the world's biggest crude consumer, and as OPEC and other producers finally agreed to a date for a meeting to discuss output cuts.

by | June 20, 2019 | 19:00

He returned to the fray as the Fed meeting got under way Tuesday, calling out the European Central Bank for weakening the euro by pledging policy stimulus. As the FOMC statement put it "uncertainties about this outlook have increased". From there, the Federal Reserve Act only allows the President to remove a Fed governor with "cause", usually covering things like legal misconduct.

by | June 20, 2019 | 15:57

Stock Connect is a ground-breaking initiative, which will deepen our global connectivity as we look outwards to new opportunities in Asia . From today, London investors will have the opportunity to trade Global Depositary Receipts in Huatai.

by | June 20, 2019 | 12:27

Lufthansa was the only European airline to make the top 10 ranking, coming in ninth place. On the other side of the spectrum, this year's five worst-ranked airlines are S7 Airlines, Royal Jordanian Airlines, Flynas, Air China, and Icelandair.

by | June 20, 2019 | 07:55

Sen. Tim Kaine, D-Va., a member of the Senate Foreign Relations Committee, claimed the approvals added to a "disturbing pattern of behavior" by the Trump administration, which he said included bypassing Congress to push through an arms sale to Saudi Arabia ⁠- a move that sparked bipartisan condemnation ⁠- supporting the Saudi-led war in Yemen, overlooking the regime's detention of women's rights activists and failing to comply with a law requiring the administration to reach a determination ...

by | June 20, 2019 | 06:58

Along with the change in the policy statement , Wednesday's projections open the door for the central bank to lower rates in short order if the economy weakens or if U.S. Expectations for a rate cut in July are now at almost 84%, according to the CME's FedWatch tool. The Fed expects the economy to expand 2.1% this year, a forecast that remains unchanged since its March meeting and is well short of the 2.9% rate of growth seen in 2018.

by | June 20, 2019 | 03:27

A USA lawmaker has said Facebook should delay the launch of its Libra crypto-currency - hours after the social network formally announced the project. On Tuesday, a Facebook representative said the company looked forward to answering lawmaker questions. Facebook says its digital currency will differ in several ways from bitcoin and other popular cryptocurrencies in use today.

by | June 19, 2019 | 21:16

And he has no intention of abandoning it, even if he is the face of the institutions he looks to disrupt. While it's not unusual for presidential campaigns to accumulate debts to various cities for the rallies they hold, the Sentinel has noted that Beto O'Rourke reimbursed El Paso for $21,000 after he held his protest rally against Trump back then.

by | June 19, 2019 | 21:09

CME Group's FedWatch tool puts the probability of a quarter-point interest rate cut on Wednesday at 24.2%, with a 64.7% probability of a cut at its next meeting in July. An employee counts US dollar bills at a money exchange office in central Cairo, Egypt, March 20, 2019. -China trade dispute, which could lead to more tariffs and less trade.

by | June 19, 2019 | 10:41

Governance decisions will be made by a vote of Libra Association members, with Facebook's vote carrying the same weight as other Libra Association members. It's a pitch that comes as Facebook has come under repeated fire from users and lawmakers over privacy and security concerns. Facebook and some two dozen partners released a prototype of Libra as an open source code to be used by developers interested in weaving it into apps, services or businesses ahead of a rollout as ...

by | June 19, 2019 | 03:46

Reports also suggest that United States safety regulators allowed Boeing engineers to self-certify the system, prompting worries of insufficient oversight at the plane maker. Boeing executives took turns to apologize for the loss of life in the crashes and pledged to apply the lessons learned to future planes following criticism of its response to the disasters in Indonesia and Ethiopia that killed 346 people.

by | June 17, 2019 | 16:15

In order to offset overseas decline, Huawei is aiming to grab up to half of China's smartphone market in 2019, Bloomberg said. In 2018, Huawei's sales went up 19.5% from 2017 to 2018 with revenue of $104.16bn. USA officials have accused Chinese technology companies such as Huawei of stealing trade secrets and threatening cybersecurity - possibly at the behest of the ruling Communist Party.

by | June 17, 2019 | 13:55

Canadian officials announced today they'd officially penned the rollout date for the most in-demand cannabis products for consumers who don't want to smoke or vape, edibles. During that time-frame licenced producers will have to notify Health Canada of their intention to sell the products. Regulations for the products - also finalized Friday - put limits on THC that are significantly lower than what is offered on the black market and in some legal recreational markets in the U.S.

by | June 17, 2019 | 03:41

According to the plaintiffs, Amazon's alleged violations are made more egregious by its choice to create and retain voice recordings, even though they maintain that the company does not need to do so in order for Alexa to function properly.

by | June 17, 2019 | 01:23

The stock is trading on the NYSE under the symbol " CHWY ". Over the past eight years, Chewy's net sales grew from $2 million to more than $3.5 billion, including a almost 68 percent increase from FY17 ($2.1 billion) to FY18 ($3.5 billion).

by | June 17, 2019 | 01:13

Toyota will also add more noticeable warning sounds and visual alerts to its new models to ensure drivers are aware that the engine is turned on as they leave the vehicle, the automaker said. Each feature represents Toyota's relentless commitment to continuous improvement. While it's unclear what vehicles these systems will end up in, odds are that Toyota will make mention of these systems as 2020 model-year vehicles are introduced.

by | June 16, 2019 | 16:23

Said battery is positioned under the floor between the axles for ideal 50/50 weight distribution and a low centre-of-gravity. The platform offers a combination of ride comfort and agility. Displays on the dual touchscreens inside the vehicle also provide information on the battery status, as well as the flow of power, either to the wheels or back to the battery.

by | June 16, 2019 | 15:22

But not to worry - if it's a success, other Australian cities are expected to follow suit soon after the trial. "These cities will be the first to offer Uber Air flights with the goal to begin demonstrator flights in 2020 and commercial operations in 2023".

by | June 16, 2019 | 13:46

The ride-hailing giant announced at its Uber Elevate Summit that it had been given regulatory approval to begin tests of delivering food by drone in the region of San Diego, California. Volvo and Uber have unveiled a new XC90 SUV - the first production auto ready to integrate Uber's self-driving system. The commercial agreement will see tens of thousands of self-driving cars delivered in the coming years.

by | June 16, 2019 | 13:14

But forget what's going to happen next - what prompted the move? "After 90 days, effective on 2019/09/12, users who are not in accordance with Binance's Terms of Use will continue to have access to their wallets and funds, but will no longer be able to trade or deposit on Binance.com", the new terms read.

by | June 16, 2019 | 08:07

Goldman Sachs said on June 12 an uncertain macroeconomic outlook and volatile oil production from Iran and others could cause the Organization of the Petroleum Exporting Countries (OPEC) to roll over supply cuts it has enacted with other producers.