Finance

by | November 25, 2019 | 22:55

Tiffany "is a very well-known brand, one of the rare global brands to have a strongly recognised heritage, in the United States obviously because it is its top market but in Asia as well", said Arnault. Tiffany, which is trying to transform its brand to appeal to younger shoppers, could use a company with deep pockets to help expand its business. LVMH shares rose 2.3 percent to stand at 405.30 euros in midday trading in Paris .

by | November 25, 2019 | 14:54

Founded in NY in 1837 and known for its signature robin's egg blue packaging, the brand is one of the best-known names in the sector, but has struggled to win over younger shoppers in recent years. "Following a strategic review that included a thoughtful internal process and expert external advice, the Board has concluded that this transaction with LVMH provides an exciting path forward." said Tiffany's board chairman, Roger Farah.

by | November 25, 2019 | 00:03

T-Mobile said it was almost done notifying customers affected by the breach. The data breach occurred earlier this month, and T-Mobile's cybersecurity team acted as quickly as possible to shut down unauthorized access by a third party. On Thursday, T-Mobile disclosed a security breach that impacted some of its prepaid customers in the United States. Have you been notified by T-Mobile about this data breach? However, information associated with users' prepaid wireless accounts - including ...

by | November 24, 2019 | 23:29

No illnesses have been reported in Oregon. As of November 22, there is one Canadian illness related to the USA outbreak that has been identified in the province of Manitoba. Robert Tauxe, director of the CDC's Division of Foodborne, Waterborne and Environmental Diseases told USA Today . Industry groups noted that they tightened safety measures following last year's outbreaks, including expanding buffer zones between growing fields and livestock.

by | November 24, 2019 | 23:10

Like most EVs, the UX 300e's 54.3kWh Li-ion battery pack sits under the body and can provide enough juice to last for about 400km on a full charge (as per NEDC test cycle). Maximum charging is at 50 kilowatts, hence the relatively long fast-charge time. At the same time, the UX 300e has one of the quietest cabins in its class.

by | November 24, 2019 | 17:27

The most expensive version of the truck , the Tri Motor AWDrive will be able to carry 3,500 pounds, tow up to 14,000 pounds and go from zero to 60 in 2.9 seconds. According to previous Twitter reveals from Musk, it can parallel park itself (now a common feature in new cars) should it ever wander into a city.

by | November 24, 2019 | 07:27

According to the statement by Ramasia, "the parties have agreed to an increase of 5.9% on total cost of employment retrospective to April 1b2019, which will be paid in the February 2020 payroll, subject to availability". The airline resumed flights from Johannesburg to Cape Town and Durban as well as to Victoria Falls in Zimbabwe on Thursday, 21 November 2019. The 3 000-strong striking workers' unions have vowed to extend the strike to the SAA's affiliate airlines to achieve their objectives ...

by | November 24, 2019 | 00:33

Thanks largely to a still strong export performance to the US. The pessimism about the deep seated problems in the global economy contrasts with more upbeat signals coming from financial markets, where investors are increasingly betting on an upswing next year depending on the latest twists in trade talks.

by | November 23, 2019 | 19:26

The CDC is recommending people not eat romaine lettuce from the Salinas growing region in California. Salinas is a major growing region for romaine from around April to this time of year, when growing shifts south to Yuma, Ariz. If it did, or they do not know, do not eat it. The Canadian Food Inspection Agency (CFIA) has confirmed that romaine lettuce from the affected areas reported in the US investigation is imported to Canada at this time of year.

by | November 23, 2019 | 16:11

The budget airline , Ryanair, began charging customers an additional fee on top of their ticket price previous year. Ryanair's luggage fee has been banned in Spain. In February, Italy's antitrust authority fined Ryanair €3m and Hungary's Wizzair €1m over their cabin baggage policy on grounds it was tantamount to raising ticket prices in a "non-transparent" manner.

by | November 22, 2019 | 19:42

Lowe's Canada announced they're going to shutter 34 underperforming stores across the country. Despite the closures, Lowe's chief executive Marvin Ellison said in a statement that the company is "committed to the Canadian market" and is taking "decisive action to improve the performance and profitability" in Canada.

by | November 22, 2019 | 09:55

Musk claimed the truck's "ultra-hard" exterior "won't scratch and dent". Elon is presenting in front of a truck with shattered windows, after a glass breaking test goes wrong, ' one Twitter user wrote. Ford and GM are also gearing up to challenge Tesla more directly with new offerings like the Ford Mustang Mach E electric SUV as well as electric pickups.

by | November 21, 2019 | 21:52

On November 25, 2018, three Ukrainian warships, en route from Odessa to Mariupol, illegally crossed Russia's state border, entered Russia's territorial waters in the Kerch Strait and started performing risky maneuvers. "Russia intends to harshly meet any provocations against its borders from here on out, including with the goal of securing the safety of sea vessels in accordance with Russian law, bilateral agreements, and norms of the rule of global law", said the statement.

by | November 21, 2019 | 17:47

This makes it the second quickest accelerating model in Toyota's lineup, only behind the Supra . So, yeah, that's the world we live in; plug-in hybrids can be kind of cool. It'll be available in SE trim with an 8-inch infotainment system, Amazon Alexa, leather steering wheel and shift knob, and power lift-gate. For the driver, a power seat is standard, as is a 7-inch display in the gauge cluster.

by | November 21, 2019 | 09:54

Following Fiat's total takeover of Chrysler in 2014, which gave us FCA, the lawsuit explains Marchionne turned to Williams, a longtime friend and a "merger 'wingman.'" Williams allegedly agreed to help Marchionne and FCA as the union's finances were out of control.

by | November 21, 2019 | 02:42

The company says the DBX is "founded on the principles of beauty, luxury and driving dynamics" with new architecture combined with luxurious comfort. Aston Martin is renowned the world over for its sophisticated and handsome sports cars , but it never once offered an SUV in 106 years of existence.

by | November 20, 2019 | 23:24

Despite a looming glut in 2020, Saudi Arabia and Russian Federation aren't aiming to announce deeper production cuts when the Organization of Petroleum Exporting Countries and its partners meet in Vienna early next month. The more-active January contract rose 15 cents to $55.50. Distillate inventories saw a draw of 2.19 million barrels for the week, while Cushing inventories fell by 1.351 million barrels.

by | November 20, 2019 | 15:59

Union spokesman Christopher Monette says they are still in talks with CN in hopes of reaching a negotiated settlement and ending the labour dispute as soon as possible. The strike comes during peak shipping season for wheat and canola farmers. A delayed grain crop has already caused headaches for the industry following a dry spring and wet summer.

by | November 20, 2019 | 11:44

Making flying better and more affordable for everyone has always been part of our DNA. "We note that a typical tree can absorb as much as 25 kilograms of carbon dioxide per year , i.e., 1 ton of carbon dioxide through a typical lifespan of 40 years - an amount and contribution that would struggle to offset just one business-class long-haul flight", said Citi.

by | November 20, 2019 | 11:42

Post the tariff hike announcement , Jefferies upgraded Bharti Airtel to "hold" from "underperform" and raised its target price to Rs 407 per share, while it downgraded Bharti Infratel to "underperform" from "hold" and slashed its target price to Rs 180 per share.

by | November 20, 2019 | 08:13

Canadian National workers have gone on strike during a critical shipping period for Western farmers, adding a new threat to wheat and oilseed sales already battered by trade tensions and hard harvest conditions. "This could hurt supplies within days if all cars are halted". "[Government should] also consider such arbitration as a required step in future labour disputes involving the Class 1 railroads, given the frequency and adverse impact of such disputes", Gratton said.

by | November 19, 2019 | 15:40

Tiktok owner Bytedance is making plans to stream a music service. The app is already having a huge collection of short videos and clips that you can easily share with your friends. People familiar with the matter said that the China-based company's objective meeting with the three largest record companies in the world is for ByteDance's music catalog service to acquire global licensing.

by | November 19, 2019 | 14:45

The meeting included Treasury Secretary Steven Mnuchin. The chairman's remarks on the economy reinforced a sense that officials judge they have done enough to keep the economy on track after three rate cuts this year, and monetary policy is now on a prolonged hold as long as the outlook remains favourable.

by | November 19, 2019 | 13:36

A vegan man in the U.S. has filed a proposed class-action lawsuit against Burger King , claiming that he would not have bought their plant-based Impossible Whopper if he had known the cooking process would leave it "coated in meat by-products".

by | November 19, 2019 | 11:25

Ford claims the GT Performance Edition of the Mach-E will sprint to 60 miles per hour in less than 4 seconds thanks to 459 horsepower and 612 pound-feet of torque. That means for now, for all intents and purposes, the most money you can pay for a Mach-E is $60,500. A peak charging rate of 150 kW allows the rear-wheel-drive to add 47 miles of range in 10 minutes of charge with a DC fast-charge station.