Finance

by | December 09, 2019 | 21:20

But analysts at Bernstein say the Asian operations could be worth over nine billion dollars. Black believes that "for any approach to be accepted by the Tesco board for Thailand then it needs to be highly attractive if not a knock out price", potentially north of the Asian division's £5bn of sales.

by | December 09, 2019 | 20:42

Beijing has ordered all foreign computer equipment and software be eliminated from government offices and public institutions by 2022, reports the Guardian , which notes the move will likely be "a blow to USA multinational companies". The move is being seen as a response to recent measures by the U.S. administartion to minimise use of Chinese technology in the States and its allies.

by | December 09, 2019 | 18:58

West Texas Intermediate oil futures were also down 64 cents, or 1.08 percent to $58.56 a barrel, having risen about 7 percent last week on the prospects for lower production from " OPEC +", which is made up of the Organization of the Petroleum Exporting Countries and associated producers including Russian Federation.

by | December 09, 2019 | 18:25

As per the government directive, Chinese buyers must replace all existing foreign computer equipment within the next three years, a first such public instruction in the country. The news agency said it confirmed the new directive with employees of a private cyber-security firm, who were also aware of the new policy after interacting with their respective government clients.

by | December 09, 2019 | 10:24

A passenger on a United Airlines flight from San Francisco to Atlanta in the U.S. had a nasty surprise: A scorpion sting. TMZ shared a photo of a scorpion, believed to be the one that stung the woman, inside an otherwise empty box bearing a United logo.

by | December 09, 2019 | 05:40

And while most immediately jump to cutting the carbon footprint, Air New Zealand is finding a unique way to cut down on its plastic consumption - with the use of edible coffee cups. Air New Zealand is aiming to be the world's "least unsustainable" airline. "It not only retains its warmth but I can also eat this when I'm finished with my coffee", the airlines' head of customer experience, Katie Holmetier, said in a promotional video released on Wednesday.

by | December 08, 2019 | 22:41

A few weeks earlier, Facebook Inc. leased more than 1.5 million square feet in the city, and the social-networking giant is looking for 700,000 more square feet, according to the Wall Street Journal . Amazon told the WSJ on Friday that is is not receiving any tax breaks or financial inducements for the new office project. "Won't you look at that: Amazon is coming to NYC anyway - *without* requiring the public to finance shady deals, helipad handouts for Jeff Bezos , & corporate ...

by | December 08, 2019 | 20:34

The Hang Seng rose 1.07% while Japan's Nikkei-225 climbed 0.23% and China's Shanghai Composite advanced 0.43%. The high price reached 3150.60. The Russell 2000 index of smaller company stocks outpaced other indexes with a 1.1% gain. "There is a lot to like in today's read", said Mike Loewengart, the vice president of investment strategy at E-Trade, about the jobs report . President Donald Trump later said he could hold off on any deal until after the 2020 US election.

by | December 08, 2019 | 10:06

First, the goods trade deficit with China fell 1.1% to $31.3 billion, with imports unchanged and exports increasing 3 .4%. It was the second straight monthly fall in the trade bill and the percent drop was the biggest since January reported Reuters.

by | December 08, 2019 | 08:42

The development saw shares in the firm fall by 9% on the close to 216.9p, pushing it to the bottom of the top flight FTSE 100 index. Britain's top financial cop said it is investigating Glencore PLC for alleged bribery, sending shares of the mining and commodities trading giant down nearly 9% and adding to U.S, .

by | December 08, 2019 | 06:44

According to the announcement, water could enter the wiring system of the electric tailgate latch-release switch mounted in the tailgate handle, causing a short circuit and the unintended release of the tailgate latches. If that happens, it could be a fire risk and hazardous for drivers and passengers. Ford said it's not aware of any injuries or fires related to this problem, however.

by | December 07, 2019 | 23:11

Some suffered kidney failure because of the contaminated greens, according to a CDC report . Whole heads od romaine, hearts of romaine, and precut lettuce and salad mixes should not be consumed or sold, advises the CDC. Consumers ordering salad containing romaine at a restaurant or at a salad bar should ask the staff whether the romaine came from Salinas. Hydroponically- and greenhouse-grown romaine, which is voluntarily labeled as "indoor grown", from any region does not appear to be ...

by | December 07, 2019 | 21:45

Customers who had reserved Nissan GT-R50 By Italdesign are now selecting personal specifications for the vehicles. Now the manufacturer has confirmed that the first customer vehicle will go on display at the Geneva Motor Show in March, with deliveries set to begin in late 2020.

by | December 07, 2019 | 07:24

Prior to the subscription fee , BMW charged a one-time $300 upgrade fee. BMW explained that it charges for this feature because it was one of the only systems to offer wireless compatibility along with continuous updates to ensure it works properly as phones update and evolve.

by | December 07, 2019 | 03:57

Musk - who deleted the tweet and later apologized for it - had asserted the expression was nothing more than a flippant insult that meant "creepy old man", not pedophile. In his own testimony, Musk dismissed his tweets as an "off the cuff" response to watching a replay of Unsworth's CNN interview, at a time he felt overworked from running Tesla, which makes electric cars, and SpaceX, a rocket company that offered the mini-submarine.

by | December 07, 2019 | 03:28

Chinese government sources told Reuters in October the list's publication will depend on the state of the trade negotiations; one of them said at the time that Beijing would hold off on releasing the list until the trade situation with the United States "is at its most tense".

by | December 06, 2019 | 20:58

Mumbai: The Reserve Bank of India maintained Thursday its key rate unchanged at 5.15% and chose to continue its accommodative policy aimed at supporting the economy. The central bank said it'll continue with its "accommodative" stance. However, the real GDP growth for 2019-20 is revised downwards from 6.1 percent in the October policy to 5 percent.

by | December 06, 2019 | 20:24

The U.S. trade representative in August postponed imposition of additional tariffs on some Chinese goods, including cell phones and laptops, till mid-December. Trump administration has proposed new levies on goods from France, Brazil and Argentina. National Economic Council Director Larry Kudlow discusses the pressure on President Trump to achieve a phase one China trade deal .

by | December 06, 2019 | 18:53

An autoworkers' strike at General Motors that ended in October artificially lowered that month's job gain by about 41,000 to 128,000. Economists estimate the speed at which the economy can grow over a long period without igniting inflation at between 1.7% and 2%.

by | December 06, 2019 | 16:17

If it does, the cars are expected to carry British racing green livery. Aston Martin declined to comment and Racing Point said Stroll was unavailable for comment. Mercedes' parent Daimler DAIGn.DE also has a small stake in Aston. Stroll built his estimated $2.5 billion fortune in the world of fashion, investing in famous brands such as Tommy Hilfiger and Michael Kors, but the Canadian's passion for cars is well chronicled and fueled his business endeavors in the world of F1, first as a ...

by | December 06, 2019 | 15:28

Details of the agreement and how the cuts will be distributed among producers still need to be ratified at a meeting in Vienna of OPEC and non-OPEC nations on Friday. Benchmark Brent was trading at $63.53 a barrel at 1:16pm GMT, while West Texas Intermediate grew to $58.67. "The oil market got livelier, but not because of the Opec meeting", said Norbert Rücker, an analyst at Julius Baer.

by | December 06, 2019 | 12:34

The report comes almost a year after CNN exposed that at least 103 Uber drivers had been accused of sexually assaulting or abusing their passengers in the previous four years, according to the outlet. The assault claims reported to Uber ranged from unwanted kissing to forcible penetration. A change in the company's systems allowed unauthorized drivers to upload their photographs to legitimate Uber driver accounts, the transport body said.

by | December 06, 2019 | 11:41

Aramco said in a statement that the IPO will consist of 3 billion shares, or 1.5% of the company, offered for 30 to 32 riyals (between $8.00 and $8.53). The company's share price is expected to continue to rise as Prince Mohammed viewed the stock offering as a critical component of "Vision 2030", a program to diversify the Saudi economy and shift Aramco from an oil-producing company into a global industrial conglomerate.

by | December 06, 2019 | 11:39

He said: "The current arrangements for compensation for the delay repay scheme are wholly insufficient and do not reflect the inconvenience and loss of services that passengers will encounter during this month-long strike". 'We know our passengers will welcome over 10 million more passenger journeys a year arriving on time and this much-needed improvement to our service is too important to compromise'.

by | December 06, 2019 | 05:16

Speaking in August 2018, Mr Unsworth said: "I believe he's called me a paedophile". Musk said the insult meant only "creepy old man". During the incident Musk sent out a purpose-built submarine to the help with the rescue efforts, which Unsworth described as a "PR stunt", and suggested Musk "stick his submarine where it hurts".