Finance

by | February 02, 2020 | 13:25

The disclosures, made public after a almost four-year investigation spanning sales to more than a dozen overseas markets, came as courts on both sides of the Atlantic formally approved settlements that lift a legal cloud that has hung over Europe's largest aerospace group for years.

by | February 02, 2020 | 12:24

Energy and raw-material companies have led losses in the USA equity measure this month. The Allied Pilots Association, a pilot union, said Thursday it was suing American Airlines to stop flights to the country. Those losses were mitigated, however, by a 7.4% surge in Amazon shares. The Nasdaq Composite Index retreated 148 points, or 1.59%, to 9,150.94. The Dow Jones Industrial Average closed down 603.41 points, or 2.09 percent, to 28,256.03.

by | February 02, 2020 | 07:13

This government has divested Rs 18,094.59 crore so far this year. She said that the deposit insurance cover will be hiked to Rs. 5 lakh from the current Rs. In what could be seen as a leap in disinvestment ambitions, the Centre has made a decision to go for the public listing of the country's largest financial institution, the Life Insurance Corporation ( LIC ).

by | February 01, 2020 | 21:23

Dhaliwal, who praised Burnaby-based cab company Bonny's Taxi for its community service in providing rides for people in wheelchairs. "The Passenger Transportation Board has to determine in advance what the impact will be on issuing licences on different terms than taxis", Gall said.

by | February 01, 2020 | 17:22

For its part, Mauritius announced that all passengers coming from Wuhan are being quarantined, while others from China would be monitored by healthcare workers. Officials have confirmed six cases of coronavirus in the USA, and another 121 people are being monitored for infection. Public Health England confirmed that the two people taken ill - who are members of the same family - had been staying at a hotel in York when they became unwell.

by | February 01, 2020 | 17:08

Better-than-expected revenue and profit in the fourth quarter to December sent Tesla stock up almost 10 percent after hours on the Nasdaq exchange, to $636.54. Together, those cities accounted for just under 37 percent of China's total retail volumes in autos. Revenue rose 2% to $7.4 billion, compared with $7.2 billion a year ago.

by | February 01, 2020 | 16:58

For the full year, growth is now estimated at 2.1 percent - a figure unlikely to rise or fall very much on the basis of forthcoming revisions. That is because the decline in imports appears to have had more to do with weakening US domestic demand and business investment than anything else.

by | February 01, 2020 | 10:11

General Motors Co made it official on Thursday, confirming that it will relaunch the Hummer name on a luxury truck, but this time with quiet-running 1,000-horsepower electric motors instead of a gas-slurping V-8 under the hood. GMC is scheduled to share a 30-second commercial for the all-electric Hummer this Sunday during the Super Bowl. It's confirmed: the Hummer brand is back, but not in the way you might expect.

by | January 31, 2020 | 23:08

However, if the survey data augurs a period of higher growth, then many economists think a rate hike could be in the offing sometime this year. The U.K. "Although the argument to make a precautionary cut was overruled, the uncertainties related to both the "BoJo bouncing" macro outlook as well as the phase-2 Brexit negotiations meant that it was a dovish hold".

by | January 31, 2020 | 17:07

Lee Seung-jae has the full story. The U.S. Federal Reserve will end its latest policy meeting on Wednesday with interest rates likely on hold, adjustments to its balance sheet under discussion, and China's widening coronavirus outbreak posing an unexpected risk to the global economy.

by | January 31, 2020 | 14:59

In terms of farming, Challu says we shouldn't expect much to change, but says trade could improve and exports could expand. President Donald Trump on Wednesday signed the United States-Mexico-Canada Agreement, the deal managing trade between the US and its two biggest trading partners.

by | January 31, 2020 | 07:13

As conflicting opinions and general uncertainty about the impact and severity of China's coronavirus continue to grow, equally bewildered traders caused oil prices to be mixed on Wednesday, buoyed by the Organization of the Petroleum Exporting Countries' (OPEC) willingness to extend output cuts, and weighed down by swelling USA inventories.

by | January 31, 2020 | 06:23

For context, analysts only expected EPS of $4.03, according to a consensus estimate cited by CNBC. Amazon reported revenue of $87.4 billion in Q4, up 21% year-over-year. Amazon's bread-and-butter cloud computing unit, Amazon Web Services , saw 34 percent growth year-over-year to $9.95 billion in revenue , compared to Wall Street's expectations for sales of $9.84 billion.

by | January 30, 2020 | 23:11

The numbers: The U.S. economy grew slightly faster than 2% in the final three months of 2019, aided by a temporary plunge in imports and a resurgent housing market. The US economy has missed the Trump administration's 3% growth target for a second year in a row. "We anticipate that consumer spending, spurred by rising wages and household wealth, will remain strong", CBO Director Phillip Swagel told a House committee on Wednesday.

by | January 30, 2020 | 20:42

A tour bus driver and a guide with no recent history of traveling to China were found to have been infected with the virus this week, in what could be the first cases of human-to-human transmission in Japan . A committee of the World Health Organization will meet today to decide whether the outbreak of a new coronavirus constitutes a public health emergency of global concern.

by | January 30, 2020 | 09:42

He said that three countries outside of China - the center of the outbreak - have seen limited human-to-human transmission of the virus. In addition to the United States, countries including France, Britain, Canada, Australia and New Zealand have planned evacuations of their citizens from Wuhan .

by | January 30, 2020 | 01:53

Seeking to contain the spread of the coronavirus by reducing personal contact, Taiwan's China Airlines said it was encouraging passengers to bring their own drinks bottles and would limit re-usable items by replacing them with disposables.

by | January 29, 2020 | 23:09

Losses amounted to $864 million, mostly related to the $4.9 billion charged the company voluntarily took due to the 737 MAX groundings shortly before it announced its second-quarter performance. Refinitiv analysts were expecting earnings of $1.47 per share . "Every one of us involved in every step of that process believes we found out too late", he said.

by | January 29, 2020 | 20:56

Lee Enterprises is buying Berkshire-Hathaway's newspaper group of 30 dailies that is spearheaded by The Buffalo News for $140M in cash. It nonetheless remains unusual for Buffett , who delivered newspapers as a teenager, to sell an entire operating business.

by | January 29, 2020 | 20:25

Typically the World Health Organization collaborates on virus names to avoid regionally disparaging names, such as Ebola, named after an African river, and MERS, which stood for Middle East Respiratory Syndrome, also a coronavirus . He said pneumonia caused by the new coronavirus is characterized by fever and feeling washed-out, and in some patients, coughing. A flight carrying 240 American evacuees from Wuhan, China - the epicenter of a coronavirus outbreak that's infected almost ...

by | January 29, 2020 | 17:57

Here's how to find out what sites are sending information to Facebook about you. Working How to use the tool? Facebook, as many already know, uses the information of its users to target them with personalized ads. Facebook chief executive Mark Zuckerberg said the tool offers "a new level of transparency and control" for the social network, which has been roiled by revelations in the past few years on how it collects and uses data.

by | January 29, 2020 | 15:54

Hong Kong's stock market dropped sharply on Wednesday, as authorities moved to limit travel between the territory and mainland China. The continued lockdown of parts of China and Hong Kong is stoking fears about the possible economic impact of the outbreak.

by | January 29, 2020 | 12:51

Cotton's effort to see that the White House implements a travel ban on China was first reported by Breitbart News . The ministry did not say how much the move will cost taxpayers but said the DNA testing needed to determine if a person has the China coronavirus costs over 100,000 won ($85), with drug treatment, hospital beds and the special equipment needed to monitor an infected person likely to run into the tens of millions of won.

by | January 29, 2020 | 07:24

The iPhone 11 and 11 Pro models were well received in their debut in the fall and demand in China has been particularly strong, outselling 2018's releases in a market that has otherwise been shrinking. Greater China sales were up 3% over the same quarter previous year. Maestri reports that Apple now has 480 million paid subscriptions across all services.

by | January 28, 2020 | 10:54

The plant will close at the end of next month so renovations can begin. "Hamtramck will be GM's first dedicated all EV assembly plant". The venue will be the US automaker's first fully-dedicated electric vehicle plant, GM said in a statement.