Finance

by | February 20, 2020 | 06:27

That came nearly a year after MAX jets were grounded around the world in March after 346 people died in crashes of Ethiopian Airlines and Lion Air aircraft. This led to a comprehensive internal investigation and immediate corrective measures to the production system , according to the manufacturer. Metal shavings, tools and other objects left in planes during assembly can raise the risk of electrical short-circuiting and fires.

by | February 20, 2020 | 05:24

The global death toll from coronavirus has risen to at least 2,120, with eight deaths reported outside of mainland China. The ship had a total of 621 confirmed cases of the virus, the most in any single location outside of China. CNN analysis found that on Chinese government orders, some 780 million people are still living under some form of restrictive movement, including all of Hubei, the northeastern province of Liaoning, and China's two most important cities, Beijing and Shanghai.

by | February 19, 2020 | 20:25

Binance's cloud service was already hinted at by the exchange's CEO, Changpeng "CZ" Zhao, during an AMA on February 8. Futures, using a separate matching engine, is still working fine. However, inter-product fund transfer has also been ceased for the time being. According to an official announcement today, the temporary system maintenance forced the exchange to suspend most of its trading services.

by | February 19, 2020 | 19:37

Friends of Xu Zhiyong confirmed to NPR that Xu was arrested at around 6 p.m. local time on February 15 in the Panyu district of Guangzhou, a major metropolis in the south of China. A former lecturer at the Beijing University of Post and Telecommunications, Xu has long advocated for legal reform and equal rights. In a Feb 4 article published on a website that is blocked in China and belongs to the New Citizens Movement, Xu called on Chinese President Xi Jinping to resign, citing his ...

by | February 19, 2020 | 16:08

It has been just a few weeks since Ontario's new blue licence plates were released , but concerns are already circulating. Global News reached out to 407 Express Toll Route and Kevin Sack, a spokesperson, said there have been no issues with the new plates.

by | February 19, 2020 | 14:53

The UK "must have the ability to set laws that suit us", the PM's chief Brexit negotiator will say in a speech in Brussels . Both sides are committed to a relationship that works, that is not mired in crisis and disputes every couple of months, and are committed to mechanisms and resolution panels that are created to keep crises at bay.

by | February 19, 2020 | 03:26

And while face masks may be the first phony product to crop up in the coronavirus outbreak, it will likely not be the last, according to the US-based Better Business Bureau, which notes that the promotion of unapproved and fraudulent remedies was prevalent during the recent Ebola virus outbreak.

by | February 18, 2020 | 23:43

The unemployment rate is now at the lowest it's been in the last 50 years . This varies greatly from the almost 5% that Donald Trump had inherited from his predecessor Barack Obama . He started by eliminating 2.7 significant regulatory actions for every existing one, thus reportedly saving the U.S. economy $33 billion net. "By contrast, though, deregulating, lowering taxes, and supporting free-market policies, President Trump has created the hottest economy on record, with unemployment ...

by | February 18, 2020 | 18:22

The U.K. -based bank already has begun implementing the plan and took a $7.3 billion write-down, largely on the value of its global investment banking unit and its commercial banking unit in Europe, a move that slashed its 2019 pretax profit by 33% to $13.35 billion.

by | February 18, 2020 | 15:25

Virginia Delegate Mark Levine, who helped passed the bill in the House, and his collegues in the front row were seen to be very disappointed. The legislation formed a central part of Governor Northam's agenda, which includes stricter gun control and easing access to abortion in the state.

by | February 18, 2020 | 02:36

Under the deal, one of the Bombardier rail division's shareholders, Canadian pension fund Caisse de depot et placement du Quebec, would become the lead investor in Alstom with an 18 percent stake. Bombardier announced last week it had sold its remaining stake in the A220 jetliner program, which represented its last commercial aviation venture.

by | February 18, 2020 | 02:36

The Bezos Earth Fund will begin issuing grants in mid-2020 as part of the initiative. Mr Bezos, who founded Amazon 25 years ago, has a stake in the company that is worth more than 100 billion U.S. His Instagram post says it "will fund scientists, activists, NGOs - any effort that offers a real possibility to help preserve and protect the natural world".

by | February 18, 2020 | 01:11

The group is seeking to prevent Tesla from clearing more of the trees and the court said it will make a final decision on the complaint in the coming days. Tesla CEO Elon Musk announced the plans for the 300-hectare site in November a year ago, and Tesla says on its website it aims to begin production in 2021.

by | February 17, 2020 | 22:41

Last month, Pier 1 announced it would close a total of 450 stores. So far, the chain has closed or started going out of business sales at over 400 locations and is in the process of closing two distribution centers. In 2019, USA retailers announced 9,302 store closings, a 59% jump from 2018 and the highest number since Coresight Research began tracking the data in 2012.

by | February 17, 2020 | 19:10

In a trading statement alongside news of the deal, Jupiter said its assets under management at the end of 2019 were 42.8 billion pounds, from 42.7 billion pounds a year earlier. It "provides increased scale and diversification into attractive product areas, and creates stronger future growth prospects for the business", Formica said.

by | February 17, 2020 | 16:27

The video also shows an employee throwing what looks like a cloth at the man and says: "Wash yourself". Several employees have been fired from a Wendy's in MI after a video went viral showing one worked bathing in the restaurant's kitchen sink, according to reports.

by | February 17, 2020 | 07:28

E-cigarette producer Juul Labs Inc. purchased online advertisements on teen concentrated websites for Nickelodeon, Cartoon Network, and Seventeen magazines after it instigated its invention in 2015 as per litigation categorized on Wednesday by the MA attorney general's office.

by | February 17, 2020 | 07:09

Holden's parent company, General Motors, informed Holden staff and dealers on Monday that they were retreating from right-hand drive vehicles worldwide, including the famous Aussie brand. The move will end 160 years of the Holden name's association with Australia. The announcement has come on the back of General Motors, the US-based vehicle giant confirming its plans to exit right-hand-drive auto markets globally.

by | February 17, 2020 | 00:28

Tesla also said it expects capital expenditures to average between $2.5 billion and $3.5 billion a year in 2020 and 2021. The majority of the cash will be raised through the $2 billion public offering, while the sale's underwriters have a 30-day option to purchase an additional $300 million worth of common stock.

by | February 16, 2020 | 22:09

Under the terms of Thursday's deal, Airbus's stake in the A220 program - known as Airbus Canada - increases to 75% from 50.1%, while Quebec's holding rises to 25%. "The strategy was always to exit commercial aircraft while protecting jobs". David Chartrand, Quebec co-ordinator for the International Association of Machinists and Aerospace Workers , deemed the deal "the end of an era" but also "the best scenario under the circumstances".

by | February 16, 2020 | 15:38

Private consumption and state spending have been providing growth impetus and, if both continue to weaken this year, the risk of recession will rise. Statisticians also revised their third quarter figures, saying that GDP had grown by 0.2 per cent rather than 0.1 per cent, and confirmed an annual growth rate of 0.6 per cent in 2019.

by | February 16, 2020 | 14:53

Apple has 52 retail stores in California. Following an appeal, the Ninth Circuit certified the following question to the California Supreme Court: "Is time spent on the employer's premises waiting for, and undergoing, required exit searches of packages, bags, or personal technology devices voluntarily brought to work purely for personal convenience by employees compensable as "hours worked" within the meaning of Wage Order 7?" Each worker is required to register his or her Apple devices ...

by | February 16, 2020 | 12:44

In its statement, Barclays said Staley had developed a professional relationship earlier in his career with Epstein, who died in jail previous year while awaiting trial on sex trafficking charges. The Boston-born banker said he "deeply regrets" his friendship with the pedophile who he first met in 2000 when he took charge of JP Morgan's private banking division and Epstein was "already a client" in NY.

by | February 15, 2020 | 23:11

China has reported another sharp rise in the number of people infected with the killer coronavirus , with the death toll now nearing 1,400. The commission was focused on lowering the fatality rate and reducing the infection rate, Liang said.

by | February 15, 2020 | 22:04

Several Asian-based sporting events have been postponed, including April's Chinese Grand Prix . Concerns over the deadly coronavirus outbreak have prompted World Rugby to postpone the Hong Kong and Singapore Sevens tournaments scheduled for later this year.