Finance

by | July 19, 2019 | 17:17

The OBR's fiscal risks report highlighted the impact on the public finances of a no-deal, no-transition departure. The UK is now scheduled to leave the European Union on 31 October and the likelihood of a no-deal Brexit scenario has increased after both Conservative party leadership contenders have said they would go ahead with a no-deal Brexit if necessary.

by | July 19, 2019 | 15:31

After the mother refused to cover her daughter up (on account it would upset her), she was told it would be her "issue" if a fellow passenger complained. "Not all passengers feel comfortable with breastfeeding in their vicinity and sometimes these passengers complain to the cabin staff". The spokeswoman said its aim, in such cases, was to "try to find a solution that is acceptable to everyone and that shows respect for everyone's comfort and personal space".

by | July 18, 2019 | 19:36

Marcus , who was president of PayPal from 2012 to 2014, tried to assuage lawmakers' concerns by promising that Facebook will not begin offering Libra until regulatory issues are addressed. "Why should these activities be consolidated under one corporation?" The Libra Association will be the organization that will govern the Libra digital currency and will be headquartered in Switzerland.

by | July 18, 2019 | 16:25

I think there was a strong consensus between policy authorities on the need for a rate cut that allowed the Bank of Korea to take action so soon. The Bank of Korea lowered its key interest rate by a quarter percentage point to 1.50% following a meeting of its monetary policy committee, which also cut its growth forecast for the country's economy this year from 2.5% to 2.2%.

by | July 18, 2019 | 15:42

Amazon declared Prime Day 2019 the largest shopping event in its history. Overall, investors should be pleased that the hype surrounding Amazon's Prime Day is still on the rise. According to Amazon , Prime members collectively saved more than a billion dollars during the two-day event. There also were said to be twice as many Ring and Blink devices sold this Prime Day than were sold a year ago for the same period.

by | July 18, 2019 | 14:05

It comes after the Competition and Markets Authority announced last month that it is seeking to find Viagogo in contempt of court for not adhering to consumer protection law relating to the information it gives buyers. Google claims it has found a breach in the company's ad policy and would begin removing the ads immediately. A Viagogo representative, however, said the reseller was "extremely surprised to learn of Google's concerns today".

by | July 18, 2019 | 13:00

They fell 1.1% on Wednesday. U.S. crude oil imports and exports both decreased during the week ending July 12, the U.S. Energy Information Administration (EIA) said Wednesday. U.S President Donald Trump said on Tuesday progress had been made with Iran but Tehran denied it was willing to negotiate over its missile program.

by | July 18, 2019 | 05:42

Condiments should be applied in the following order: wet condiments like mustard and chili are applied first, followed by chunky condiments like relish, onions and sauerkraut, followed by shredded cheese, followed by spices, like celery salt or pepper.

by | July 18, 2019 | 05:15

The foreign ministers of the EU countries have approved the imposition of sanctions against Turkey over its geological exploration in the waters of Cyprus , the DPA agency reported, referring to the statement adopted by the European ministers at a meeting in Brussels.

by | July 17, 2019 | 15:24

Neuralink - Elon Musk is the CEO - has been silent about its work since it was formed in 2017. These would be sewn into the brain tissue by a robotic surgeon, which Neuralink has also developed to safely insert the electrodes without rupturing blood vessels in the brain.

by | July 17, 2019 | 11:47

Florida gas prices declined through the weekend, even as Tropical Storm (to later become Hurricane) Barry moved over oil platforms and refineries along the U.S. The benchmark global crude traded at a premium of US$6.50 to WTI for the same month. Bureau of Safety and Environmental Enforcement (BSEE) said 1.1 million barrels per day (bpd) of oil, or 58% of the region's total, and 1.4 billion cubic feet per day (cfd) of natural gas output remained shut.

by | July 17, 2019 | 07:52

North American customers can still get the Model 3 Standard Range off-the-menu. With that update comes a less expensive Model 3, and more expensive Model S and Model X vehicles. For reasons that are hard to explain, Tesla in 2019 made a habit of tweaking its pricing and configuration options so frequently as to create a muddled mess out of its product line.

by | July 17, 2019 | 05:41

Ironically, as much as the U.S. government is pushing for regulatory control of Facebook's big currency, the Libra Association is actually headquartered in Switzerland - which means that the currency is likely to be regulated by Switzerland's financial regulator.

by | July 16, 2019 | 22:30

But if you have one of these phones, you're unlikely to notice the outage, as all affected devices will automatically switch to the US -operated Global Positioning System ( GPS ), according to BBC News . In an update posted last night, it said experts were working to restore the situation as soon as possible . The agency also confirmed that "an Anomaly Review Board has been immediately set up to analyze the exact root cause and to implement recovery actions ".

by | July 16, 2019 | 22:33

Second-quarter trading revenue was US$3.48 billion, topping the US$3.37 billion average estimate by analysts in a Bloomberg survey. Net revenues in Institutional Client Services dipped 3% year-on-year to $3.48bn. Morgan Stanley upgraded shares of Dongfeng Motor Group from an equal weight rating to an overweight rating in a report on Monday , July 1st. Goldman Sachs (NYSE:GS) Q2 EPS of $5.81 beats the average analyst estimate of $5.03 and increased from $5.71 in Q1; fell from $5.98 ...

by | July 16, 2019 | 20:12

What follows are 10 hot tech deals to check out for Amazon Prime Day 2019 . Meanwhile, Amazon is spending $700 million to train its workforce in response to automation and technological advances. Operating at these speeds for this duration means Amazon needs to hire more workers, under more sustainable speeds that don't put workers' lives in jeopardy.

by | July 16, 2019 | 20:00

The FTC declined to comment when reached by Fox News. But why is Facebook getting hit with such a huge fine in the first place? It may sound counterintuitive, but the logic is simple: Because Facebook expected a fine and planned its annual financials around that expectation, investors reacted positively to that plan playing out - and the fine not being bigger.

by | July 16, 2019 | 18:34

As Amazon shoppers seize on more than a million Prime Day deals , numerous e-commerce giant's employees are staging walk outs to protest poor working conditions , inadequate pay and the company's links to ICE. Australia is the first in the world to kick off Amazon Prime Day - an annual global shopping event that offers massive sales for Amazon Prime members.

by | July 16, 2019 | 16:57

A court application argues that the passenger bill of rights contravenes the Montreal Convention, a multilateral treaty, by setting compensation amounts based on the length of the flight delay and "irrespective of the actual damage suffered".

by | July 16, 2019 | 15:42

This is all happening on top of protests against Amazon and their interaction with the US Immigration and Customs Enforcement (ICE). Employees at Amazon's fulfillment center in Shakopee , Minnesota are planning a work stoppage beginning Monday afternoon.

by | July 16, 2019 | 15:40

The 6.2 % figure falls within Beijing's target range of 6.0 to 6.5% for the entire year, after the economy registered 6.6 % growth in 2018. United States President Donald Trump has seized on slowing economic growth in China as evidence that USA tariffs are having "a major effect", and he warned on Monday that Washington could pile on more pressure, as talks to end the trade war between the two countries continue sputtering along.

by | July 15, 2019 | 10:30

Analysts polled by Reuters had forecast gross domestic product (GDP) in the April-June quarter rose 6.2%. "The trade war is having a huge impact on the Chinese economy", said Edward Moya of OANDA in a report. A higher GDP deflator can ease the pressure on corporate profits and government fiscal revenue growth. "The monthly data were better than expected".

by | July 15, 2019 | 04:17

The ranks of disaffected Amazon workers are growing - and they're planning to raise a ruckus during the e-tailing giant's Prime Day sales event next week. The upskilling programs are built by Amazonians based on insights provided by Amazon's workforce - which will reach 300,000 employees in the US this year along with experts in the changing jobs landscape.

by | July 15, 2019 | 02:50

On Sunday, The Wall Street Journal claimed that "hundreds" of people could lose their jobs at the company's USA based research and development subsidiary, Futurewei Technologies. Huawei - a leader in next-generation 5G wireless technology - remained barred from developing 5G networks in the United States , and the Trump administration is trying to convince its allies to do the same.

by | July 15, 2019 | 02:17

Cassandra Walker, the Georgia mother of two who made the cake, isn't laughing. "I think they just misheard my mama when she ordered the cake, she has kind of an accent with us being from the south", Davis told CTVNews.ca via Facebook messenger.