Finance

by | January 22, 2020 | 23:55

However, Delta has for some years now paid out over $1 billion each year to its employees in profit sharing. That means every eligible employee will get a check next month for almost 17 percent of their annual salary. "2019 was a truly outstanding year on all fronts - the best in Delta's history operationally, financially and for our customers". "The Delta would be nothing without our 90,000 people".

by | January 22, 2020 | 21:26

But European Commission chief Ursula von der Leyen emerged from a "very good conversation with" the president in Davos sounding upbeat about the prospects of a deal covering trade, technology and energy. Britain, however, said it would push through with its digital tax while continuing multilateral talks at the Organisation for Economic Co-operation and Development (OECD).

by | January 22, 2020 | 19:31

The U.S. has also threatened duties of up to 100 per cent on French goods, from champagne to handbags, because of a digital services tax that Washington says harms U.S. Washington also took aim at European nations that are introducing a digital services tax against USA technology giants such as Amazon, Facebook and Google, which stand accused of depriving governments of a fair share of their mammoth cross-border profits.

by | January 22, 2020 | 17:10

Some of the first group of patients in Wuhan worked or shopped at a seafood market where live animals and wildlife parts were reportedly sold. Health checks stepped up: The Chinese government has classified the outbreak in the same category as SARS , meaning compulsory isolation for those diagnosed with the illness and the potential to implement quarantine measures on travel .

by | January 22, 2020 | 15:26

The move follows successful pilot projects in various cities in the past year, which have helped Amazon India to develop scalable and long-term EV variants for the development of this fleet, according to the online retailer. The fleet of 10,000 EVs will include 3-wheeler and 4-wheeler vehicles which have been designed and manufactured in India . Moreover, the government's support in adopting electric vehicles by setting up charging infrastructure with the FAME 2 policy has favoured the ...

by | January 21, 2020 | 17:54

The IMF's growth forecasts for the United Kingdom were unchanged from October, at 1.4% in 2020 and 1.5% in 2021. Growth will improve slightly to 3.4 percent in 2021, but that estimate, too, was cut by 0.2 percentage point from October, said the Washington-based worldwide crisis lender.

by | January 21, 2020 | 17:24

While delivery partners associated with UberEats India will on-board Zomato's fleet, around 245 employees of UberEats will be affected by this deal as they will not be absorbed by Zomato as part of the transaction. Zomato has operations across 24 countries and serves more than 70 million users every month. This number has now further come down to $15 million in recent months, said sources briefed on the matter.

by | January 21, 2020 | 11:35

The minister said France would "certainly not" give in to pressure to reduce to "nearly nothing" the 3 per cent tax France imposed on multinational tech giants' turnover from January 1 previous year, pending the adoption of an worldwide tax regime under the Organisation for Economic Cooperation and Development (OECD).

by | January 21, 2020 | 10:06

Health officials in Beijing's Daxing district said two people who had travelled to Wuhan were treated for pneumonia linked to the virus. The new strain of coronavirus , first discovered in downtown Wuhan, has been alerted for its association with Serious Acute Respiratory Syndrome ( SARS ), which killed almost 650 people in Mainland China and Hong Kong between 2002 and 2003 triggered.

by | January 21, 2020 | 05:57

A conference on Libyan settlement was held on Sunday in Berlin , with representatives of Russian Federation, the United States, Turkey, Egypt, the European Union, the United Nations and other countries invited to attend. "We don't lose hope that dialogue will continue and the conflict will be solved", Putin said before meeting Erdogan on the sidelines of the conference.

by | January 20, 2020 | 19:42

Once the rules governing the trial have been adopted, Democratic House "managers" who form the prosecution team would begin to present their case against Trump. For his part, Trump suggested earlier this month that an "outright dismissal" might be appropriate. "The people being asked for by Senator Schumer are the Secretary of State, the chief staff to the president of the United States, the National Security Adviser to the president of the United States, and the acting OMBD director", ...

by | January 20, 2020 | 19:09

The company expects to make multiple vehicles off the same lines as part of the retooling of its North American plants so that it's better able to adapt, he said. Last month, Toyota's Guanajuato plant began assembly of the Tacoma. The Highlander accounted for 73 per cent of the total, trailed by Sienna's 24 per cent and Sequoia's 2.5 per cent.

by | January 20, 2020 | 18:26

The growth premium is expected to hit an eighteen-year low against developed economies. The IMF in its economic analysis has estimated the trade conflicts and tariffs have cut 0.8% off of global growth but she stressed that most of that is not due to the tariffs but to the uncertainty, which causes companies to put the brakes on investment.

by | January 20, 2020 | 17:11

The new guideline also reinforces a blanket ban on importing any type of foreign plastic waste . China will ban plastic bags in major cities and single-use straws from restaurants by the end of this year in a bid to cut down on waste .

by | January 20, 2020 | 15:56

The inaugural United Kingdom summit opens on Monday, January 20. Earlier this week, Buhari Special Advisor for Media and Advertising, Femi Adesina, said in a statement that the London Investment Summit would be hosted by British Prime Minister Boris Johnson .

by | January 20, 2020 | 08:14

Others agree. At the Democratic debate Tuesday night, Tom Steyer, the billionaire businessman, said the U.S. should never sign a trade deal without considering the climate (a word that does not appear in this deal). Analysts have said a number of issues remain unresolved. On the American side, as 50 percent of Americans make investments in the stock market, China's permission to allow more presence of the US capital, financial services, and insurance in China would bring real benefits for ...

by | January 19, 2020 | 16:28

In the Raisina Dialogue 2020 on Thursday, Goyal said that Amazon is not doing any favor by investing 1 billion dollars in Bahrat. Amazon's founder and CEO Jeff Bezos is now on a India tour and the world's richest man made the start to his India tour with a bang, announcing a fresh $1 Bn investment in the country.

by | January 19, 2020 | 12:27

The Final Round discusses what Louis Vuitton plans to do with the diamond and how it will help the company compete in 2020. The second-largest diamond ever discovered - thought to be worth around £38million - is to be turned into Louis Vuitton jewellery.

by | January 19, 2020 | 08:17

Messages were left today seeking comment from Tesla. Yet in the case of unintended acceleration, the causes can be quite varied, ranging from poorly designed floor mats with a tendency to bunch up underneath the accelerator pedal, to brake and accelerator pedals that are placed too close together, causing driver confusion, to legitimate issues with throttle operation or idle-speed settings, causing faster-than-normal take-off.

by | January 18, 2020 | 18:21

Amazon's current market cap stands at only around $931 billion, Apple is worth $1.38 trillion, and Microsoft checks in today at a cool $1.27 trillion. Moreover the company has continued to pour extensive resources into the cloud business, with Google Cloud CEO Thomas Kurian last year promising to triple its sales force over the "next few years".

by | January 18, 2020 | 16:29

It expects the model to be part of a strengthened lineup that will also lead the brand's expansion in China and Europe where it has yet to make inroads, William Lee, Global Head of Genesis, told a news conference. Simply scribble on the pad and the writing recognition control system recognises it. Road noise isn't the only thing kept at bay, the GV80 is also equipped with an Electronically Controlled Suspension with Road Preview system that uses a camera to read the road ahead and adjust the ...

by | January 18, 2020 | 15:08

Lead lawyer Junichiro Hironaka said on Thursday that everyone involved in the case at his practice had resigned. French President Emmanuel Macron said on Wednesday he had previously spoken to Japan's prime minister about the conditions former Nissan-Renault boss Carlos Ghosn was being held under.

by | January 18, 2020 | 09:42

Svb Leerink increased their FY2020 earnings per share estimates for MORGAN STANLEY Morgan Stanley Capital Protected Notes Based on S&P 500 in a report released on Tuesday, January 14th. The electric vehicle producer reported $1.86 earnings per share for the quarter, beating the consensus estimate of ($0.42) by $2.28. Further Reading: Why are gap-down stocks important? "Broad participation in the market is giving people a sense of ease right now that it's not just a handful of ...

by | January 17, 2020 | 23:39

And this means that, unfortunately, some roles at OYO will become redundant as the company further drives tech-enabled synergy, enhanced efficiency and removes duplication of effort across businesses or geographies, Agarwal said. The South American delivery service Rappi and the new carpool company San Francisco Getaround said they were firing employees. According to experts tracking the sector, the problem with OYO has been with its aggressive expansion over the past year in ...

by | January 17, 2020 | 18:40

In the past, the activist group BlackRock's Big Problem have accused the investment giant of being "the biggest driver of climate chaos you've never heard of". A new study in the journal Nature Medicine found that heat waves in a world that's 2 degrees C warmer than pre-industrial levels could lead to an additional 2,135 deaths from severe injuries in the USA each year.