Finance

by | October 14, 2020 | 12:57

However, MPs voted by 332 votes to 279 - a majority 53 - to back government plans to reject the amendment. MPs are set to be denied the opportunity to vote on a crucial Agriculture Bill amendment seeking to strengthen the role of the Trade and Agriculture Commission .

by | October 14, 2020 | 12:29

Both the United States and the European Union have signaled interest in settling the dispute over planemaker subsidies, while accusing the other of refusing to talk seriously. imposed on European goods following the WTO ruling a year ago. Last year, the WTO authorised $7.5 billion in United States sanctions against European goods and services.

by | October 14, 2020 | 06:01

At the event , the company is expected to debut its new flagship iPhone 12 lineup, a smaller, more affordable model of the HomePod, and possibly other products. The iPhone 12 Pro and Pro Max can grade all frames in Dolby Vision , live, while recording. It's an improvement on the Liquid Retina HD display of the iPhone 11 and iPhone XR and the Retina HD display of the SE though.

by | October 14, 2020 | 05:05

The Fund said: "Except for China, where output is expected to exceed 2019 levels this year, output in both advanced economies and emerging market and developing economies is projected to remain below 2019 levels even next year". Last year, the US economy grew 2.2%. The IMF in its report said that revisions to the forecast are particularly large for India, where Gross Domestic Product (GDP) contracted much more severely than expected in the second quarter.

by | October 14, 2020 | 02:16

The idea here is that the magnets on the back of the iPhone 12 will allow the device to position itself on wireless chargers in a way that will enable efficient and performant wireless charging. The Homepod Mini also integrates with the iOS Home app for smart home controls. We haven't tested the latest Amazon Echo or the HomePod Mini yet, but we can look at their components and features, and how they stream music .

by | October 14, 2020 | 01:57

In a letter dated 12 October, deputy governor Sam Woods asked all United Kingdom lenders for information on their operational readiness for a 0% or negative bank rate. "It looks as though there are some clear ideological disputes among rate-setters that needs to be worked out over the autumn, implying as [governor] Andrew Bailey suggested last week that negative rates are not likely on the near horizon, albeit that they are being considered activity".

by | October 14, 2020 | 01:18

Say hello to iPhone 12 in Black, Blue, Green, Red, and White. The new speaker is still covered in the mesh fabric we have seen on the older HomePod and also has a smaller display on the top. This year's new model brings quite a number of changes with bigger screen sizes, a new squared off design that is reminiscent of the iPhone 4, and full 5G connectivity.

by | October 14, 2020 | 01:15

On Sunday, the Trump administration called on Congress to pass a stripped-down coronavirus relief bill using leftover funds from an expired small-business loan program, as negotiations on a broader package continue to run into roadblocks. US stocks climbed to the highest in nearly six weeks amid a rally in giant technology companies as traders awaited earnings from banks and news on a fresh round of economic stimulus.

by | October 13, 2020 | 23:42

PT and knocking for several seconds. The economics prize, won by such luminaries as Paul Krugman and Milton Friedman in the past, was the final of the six awards in 2020, a year in which the Nobels have been overshadowed by the Covid-19 pandemic.

by | October 13, 2020 | 23:30

Keep up with the latest channel-impacting mergers and acquisitions in our M&A roundup . With access to Segment's trove of customer data, Twilio will be able to expand its platform and offerings. Twilio Inc TWLO .N, founded in 2008, had not finalised the deal by the weekend, negotiations between the two tech companies are believed to be at the final stages.

by | October 13, 2020 | 23:23

Apple is hosting its annual iPhone launch event today, where it is expected to unveil four new iPhones, namely, the iPhone 12 Mini , iPhone 12, iPhone 12 Pro , and iPhone 12 Pro Max . Analysts expect Apple to introduce a selection of iPhone 12 models in multiple sizes, with some shipping earlier than others due to the toll the pandemic has taken on the company's supply chain.

by | October 13, 2020 | 22:58

Consumer durables and consumer non-durables ouput, indicators for consumption demand, contracted 10.3 per cent and 3.3 per cent, respectively, in August. The on-year decrease in energy-product prices had a downward effect on the inflation rate. Last week, the RBI left key policy rates unchanged amid fears of elevated inflationary pressure, while retaining an accommodative monetary stance to support an economy that is projected to contract by nearly 10 per cent in the current fiscal year.

by | October 13, 2020 | 22:24

These content groups "will be responsible and accountable for producing and delivering content for theatrical, linear and streaming, with the primary focus being the Company's streaming services ", as Chapek explained further. "Managing content material creation distinct from distribution will enable us to be simpler and nimble in making the content material customers need most, delivered in the way in which they like to devour it".

by | October 13, 2020 | 21:47

The U.S. economy is expected to shrink 4.3 percent this year, with the Euro Area on track to contract 8.3 percent. "Including those in reduced-hours work programs and those counted in involuntary part-time employment, the share of workers underemployed in some advanced economies is significantly higher than the fraction of headline unemployed", the institution said in its latest WEO report.

by | October 13, 2020 | 21:47

The secretary will write a letter to more than 600,000 firms across the country on Monday, the British Department for Business, Energy & Industrial Strategy said in a statement. A statement by 10 Downing Street showed that Johnson underlined that a deal was better for both sides, but that the United Kingdom was "prepared to end the transition period on Australia-style terms if an agreement could not be found".

by | October 12, 2020 | 22:15

Initially, China did not agree to join the alliance, after missing an early deadline to join in September. The United States, for example, has booked 800 million doses through six developers. China could be trying to ensure that the vaccines it is developing find a global platform. World Health Organization says the COVAX Facility will also maintain a buffer of doses for emergency and humanitarian use, including dealing with severe outbreaks before they spiral out of control.

by | October 12, 2020 | 22:11

U.S. economists Paul Milgrom and Robert Wilson have won the Nobel Economics Prize 2020 for work on commercial auctions, including for goods and services hard to sell in traditional ways such as radio frequencies, the Nobel Committee said.

by | October 12, 2020 | 22:09

The United States, for example, has booked 800 million doses through six developers. These vaccines will be delivered equally to all participating countries, proportional to their populations, initially prioritising healthcare workers then expanding to cover 20% of the population of participating countries.

by | October 12, 2020 | 22:11

Wilson's work led to the theory of a common value , which is the best estimate of what an item is worth that bidders then try to set their offers below to avoid overpaying. Using auction theory, it is possible to explain how these three factors govern the bidders' strategic behaviour and thus the auction's outcome. Last year, Indian-American economist Abhijit Banerjee and Esther Duflo, both of MIT, and Michael Kremer of Harvard were honored for more than 20 years of economic research to ...

by | October 12, 2020 | 22:02

Their theoretical discoveries have improved auctions in practice. Milgrom and Robert B. Wilson have been announced this year's joint winners of the Nobel prize for economics. Goran Hansson , the secretary general of the Royal Swedish Academy of Sciences , praised the pair of American economists for their trailblazing research and creation of new types of auction formats .

by | October 12, 2020 | 22:03

In practice, this was adopted by American authorities in 1994 as a method to sell radio frequencies to telecom operators. Before the 1990s, the US government essentially conducted "beauty contests" to hand out the frequencies, letting companies make their case for getting the licenses.

by | October 12, 2020 | 22:03

To date, China has not yet published any late-stage information about any of its vaccine candidates, despite starting to use some more broadly in targeted populations. The initiative is designed so that richer countries agree to buy into potential vaccines and help finance access for poorer ones, but critical questions remain about how its goal will be carried out.

by | October 12, 2020 | 21:53

Paul R. Milgrom , born 1948 in Detroit, USA. Both are academics at Stanford University in the US. Shirley and Leonard Ely Jr. Professor of Humanities and Sciences, Stanford University, USA. The youngest laureate to win the Nobel Prize in the Economic Sciences is Esther Duflo, who won the award at the age of 46 a year ago for her "experimental approach to alleviating global poverty".

by | October 12, 2020 | 21:26

Waymo later launched its early rider program in Phoenix, using a full-sized hybrid Chrysler Pacifica and the fourth-generation Waymo Driver platform. "Members of the public service can now take friends and family along on their rides and share their experience with the world". More importantly, in the context of a new-normal pandemic era, FCA had instrumented a technology that would clear the air of a minivan after every ride.

by | October 12, 2020 | 21:27

This 4th-generation Waymo Driver was significantly more sophisticated than Firefly's technology, and for the past year, has pioneered fully driverless, paid rides on high-speed roads across a service area larger than the city of San Francisco .