Business

by | January 23, 2019 | 01:16

Sir James Dyson did not comment on the move to Singapore. The headquarter switch from Malmesbury, Wiltshire, is likely to prove controversial given that Sir James - the company's billionaire chairman, founder and owner - is an outspoken proponent of Brexit.

by | January 22, 2019 | 00:45

The falling number of births means that China's population grew at its slowest... Guangzhou, meanwhile, saw growth slump to 6.5 percent a year ago as trade tension slam the city's manufacturing sector hard. Growth has been easing for years, but concern over the pace of the slowdown in China has risen in recent months as companies sound the alarm over the crucial market.

by | January 21, 2019 | 03:09

The cost of living increased at a two per cent annual pace in December, as cheaper energy prices were offset by higher prices for just about everything else. Only Newfoundland and Labrador, Nova Scotia and New Brunswick saw prices rise at a slower rate. Consumer prices for gasoline rose more in 2018 (+12.6 per cent) than in 2017 (+11.8 per cent), as an increase in global crude oil prices and exchange rate pressures led to higher prices at the pump.

by | January 20, 2019 | 01:59

The state oil company Pemex said the explosion was caused by illegal taps in the pipeline, according to CNN . Fayad called on the community to not steal gasoline. Dozens of burned bodies lay in the charred field where the blast occurred on Friday evening by the town of Tlahuelilpan in the central state of Hidalgo in what was one of the worst incidents to hit Mexico's troubled oil infrastructure in years.

by | January 20, 2019 | 01:08

American crude output is poised to expand by 1.1 million barrels a day this year, according to the IEA, which sees the US exceeding the Saudis' maximum level within the next six months. Schlumberger Ltd. offered more reassuring news for those anxious about a glut of U.S. crude. Currently, Saudi Arabia could raise production all the way up to its maximum capacity of 12 million barrels a day.

by | January 18, 2019 | 01:25

A source told the WSJ that the federal probe is still in an advanced stage, but it could lead to an indictment soon. The legislation comes in response to the arrest of Huawei's CFO Meng Wanzhou , who was seized in December in Canada on charges of violating USA sanctions against Iran.

by | January 18, 2019 | 02:06

Nick Naydev's friends may be laughing in the video, but Royal Caribbean doesn't think he's so amusing. Although Naydev's post doesn't capture anything that happened after the fall, a comment clarifies that he was picked up by a small boat and brought onto the ship by cops to gather his things and leave.

by | January 15, 2019 | 01:52

That would be an all-new, fully electric vehicle for Cadillac . After promising on Friday that Cadillac would become GM's leading electric vehicle brand, the company unveiled the 2020 Cadillac XT6 EV two days later. The company plans to release a new model every six months through 2021. It will also allow for a shorter development cycle. It's also the tradition that Tesla followed, launching first a six-figure electric sports auto, then a large luxury sedan with a price starting at ...

by | January 15, 2019 | 01:17

Shareholders of Newmont Mining Corp . will own 65 percent of the combined business, with Goldcorp shareholders owning 35 percent. The newly formed Newmont Goldcorp shares would look to list on the Toronto Stock Exchange. 1 gold company and prompted speculation that rivals would need to respond . Newmont chairwoman Noreen Doyle will head the board of the combined company, while Goldcorp chairman Ian Telfer will be deputy chairman.

by | January 15, 2019 | 01:27

The company's intent to file voluntary bankruptcy proceedings on or about January 29 came in a one paragraph statement. PG&E's wildfire insurance for the year that began August 1, 2018, covers $1.4 billion. Pacific Gas and Electric, facing billions of dollars in claims over the deadly 2018 Camp Fire, is headed to bankruptcy court. PG&E's bankruptcy filing has been a possibility for months, but its likelihood rose to near-inevitability in the first few weeks of 2019 as S&P and Moody's cut ...

by | January 13, 2019 | 01:10

Starting after the January 30 announcement, Powell will hold a press conference after every meeting, rather than just four times a year, giving him many more opportunities to try to communicate with financial markets. "The principal worry we have is global growth" in Asia, Europe and elsewhere. However, the Fed chief is less bullish on the world economy. The FTSE 100 is on track for its best week in three months after global stocks were lifted by reassurances from the US Federal Reserve ...

by | January 11, 2019 | 02:04

The Asian markets reached almost one-month highs on speculation that the world's two largest economies were hammering out a deal, Schmitz said. The person added that it was more hard to determine how to hold China to its commitments to better protect intellectual property.

by | January 10, 2019 | 02:34

Coastal GasLink, operated by TransCanada Corp., said it has negotiated agreements with all of the elected bands along a proposed 670-kilometre route created to bring gas to the B.C. New Democrat MP Nathan Cullen, who represents the area, said the conflict has been developing for years - in part because of a failure to recognize the nuances between elected and hereditary Indigenous governments.

by | January 09, 2019 | 02:21

Those measures came in response to earlier drone sightings that shut down Gatwick airport in the days before Christmas, causing disruption for more than 120,000 passengers. A statement by British Transport Secretary Chris Grayling indicated that anti-drone equipment had not yet been put in place at Heathrow. More than 140,000 passengers at Gatwick were affected during 36 hours of chaos between 19 and 21 December.

by | January 07, 2019 | 01:39

Apple's shares were briefly suspended on Wednesday night, and in post-market trading fell by up to 8pc, wiping nearly $60bn off its value. In a report released this morning, financial analysts Canaccord Genuity believe that in spite of yesterday's report, the company is still fundamentally sound and they continue to recommend a BUY for Apple stock.

by | January 07, 2019 | 02:36

The plan has been presented to and reviewed by the MTA , and it has been confirmed that the report's goals are achievable within a 15-20 month timeframe. Unstable portions will be repaired, and the rest will remain as is. "We appreciate the dedication and the analysis provided by this group of experts", said Acting MTA Chair Fernando Ferrer .

by | January 05, 2019 | 03:27

This came after earlier falling more than $1 a barrel as the world's top producers pump at record highs and signs of economic slowdown unnerve the market. "The omens are far from encouraging", said Stephen Brennock of oil broker PVM, citing rising non-OPEC supply and the likelihood of further increases in oil inventories.

by | January 04, 2019 | 06:14

A couple of factors have created the weak sales environment in China for the Apple iPhone , which led Apple to cut its guidance on fiscal first quarter revenue . In late December, the promotional program for the new models went live in China, adding one major perk: users in China cannot only trade in their old iPhones, but also Android phones made by Apple's major competitors in China, including Huawei , OPPO and Xiaomi.

by | December 30, 2018 | 03:31

Plans to close 80 additional stores were unveiled Friday, bringing the total number of closings to more than 260, which is over a third of its almost 700 stores. Spokespersons for both Sears and ESL declined to comment. "Even with an approved bid, the company is heading for another iceberg and will sink before the winter weather is gone".

by | December 30, 2018 | 03:14

Earlier this month, China's major state-owned grain stockpiler said it had resumed buying U.S. soybeans, and Beijing announced it would suspend extra tariffs added to US-made cars and auto parts starting January 1. In yet another sign of reconciliation, China on Dec 25 issued a so-called "negative" list that specifies industries where investors - domestic or foreign - are either restricted or prohibited.

by | December 29, 2018 | 01:57

New York City Council member Costa Constantinides tweeted out that the NYPD's 114th district was on the scene, and thankfully there has been no reported injuries or damage to nearby homes. between Woodside - 74th St. and Main Street. An electrical fault is basically just an electrical current that isn't behaving as it should, and Con Edison is still investigating what caused the fault in this case.

by | December 29, 2018 | 02:09

Stock markets staged a remarkable comeback on Wednesday, erasing losses suffered during the worst Christmas Eve trading session in US history. Nasdaq rose 5.8 percent or 361 points to 6,554. European markets returned to trading following the Christmas and Boxing Day holidays to trade mixed. In early afternoon, only 5 stocks in the benchmark index were higher .

by | December 28, 2018 | 02:53

Very smart person", he said. But the source painted a different picture of Mnuchin's standing behind the scenes. They added: 'Mnuchin is under the gun'. The United States treasury secretary has on Monday, called the chief executive officers (CEOs) of six biggest banks of the USA and organized plans to summon a "plunge protection team", amid the U.S.

by | December 28, 2018 | 03:12

Some companies are even reported of discouraging Apple product use by excluding the iPhone users from any job promotions. The shares of Apple has fallen down in China. There is a more sinister side to the Chinese firm's unwavering support, with some reportedly also pushing staff to boycott products from Apple . Many China-based smartphone vendors, including Huawei , launch new devices at a more rapid rate than Apple does.

by | December 28, 2018 | 01:26

Bonds prices rose. The yield on the 10-year Treasury slipped to 2.78 percent from 2.79 percent late Wednesday, although the yield dropped as low as 2.73 percent when stocks were near their lowest levels as investors sought safer investments.

by | December 27, 2018 | 01:56

Investors returned from the Christmas holiday break in a buying mood Wednesday, sending USA stocks sharply higher and placing the market on track for its best day in nine months. While he still criticized the Federal Reserve for raising interest rates too quickly, he said policy makers should "get it pretty soon", helping to soften market concern that he may try to fire Fed Chairman Jerome Powell .

by | December 26, 2018 | 03:04

Despite that, oil prices fell on Friday to their lowest since the third quarter of 2017 as global oversupply kept buyers away from the market ahead of holidays over the next two weeks. President Trump would not want to see WTI falling further to support U.S. shale industry", said Kim Kwang-rae, a commodity analyst at Samsung Futures in Seoul.

by | December 26, 2018 | 02:25

If you need some last minute gifts or some allergy medicine to cope with Aunt Edna's floral perfume, Walgreens will be open on Christmas Day and will likely have everything you need until Target opens again. Smith's: Open on Christmas Eve . If you're looking for your early morning coffee or donut fix, many Dunkin' Donuts, Starbucks stores, and Tim Horton's locations are open, though some stores may be operating on holiday hours.

by | December 24, 2018 | 02:19

Oil's slump persisted this week on broader market turmoil spurred by a plunge in global equities after the US central bank lowered the forecast for 2019 growth to 2.3 percent from 2.5 percent in September. "This will compound a glut in OECD commercial oil stocks". OPEC has agreed recently to cut production by more than one million barrels per day, but production is at its peak in three major oil producing countries, the U.S., Saudi Arabia and Russian Federation.

by | December 24, 2018 | 02:25

The recall comes as the CDC reports 52 new cases of illness linked to an outbreak strain of Salmonella in various turkey products that include live turkeys and raw turkey pet food. A patient in MI tested positive for salmonella after consuming some of the affected ground turkey. "These products were not imported or distributed in the Canadian marketplace".

by | December 23, 2018 | 02:13

The benchmark S&P 500 index is in what Wall Street calls a correction, and is headed toward a bear market, threatening to end the more than 9-year USA bull market run. government unless Congress authorizes money for a Mexico border wall, thus risking a partial federal shutdown on Saturday. He said speculation that the USA economy could be headed for a recession has picked up, dampening global sentiment.

by | December 22, 2018 | 03:09

The heightened scrutiny comes at a critical moment for Huawei's ambitions in Europe , its second-biggest market outside of Asia. More broadly, it challenged its accusers to produce actual evidence of their claims about security or - at the very least - to share them with Huawei's customers.

by | December 19, 2018 | 02:55

Mark Rober said a woman was caught on his home security camera walking up to his door and stealing a package off of his porch. As the thief opens the package, wires are tripped that cause the motor inside to start spinning, covering those nearby in glitter.

by | December 15, 2018 | 01:13

Now that Huawei CFO Meng Wanzhou has been released on bail in Vancouver - a common sense decision that reflects her health concerns and bona fides - attention will turn to next steps in the case involving USA allegations against her.

by | December 15, 2018 | 01:48

It does not appear that Adam Brothers' lettuce is responsible for all of the outbreak's 59 illnesses in 15 states , officials said. Farms in Santa Barbara County tested positive for the bacterial strain and the owners are co-operating with USA officials.