Economy

by | December 20, 2018 | 11:45

The airport said all incoming and outgoing flights were suspended. Other fed up fliers had to be diverted hundreds of miles away, with one flight even ending up in Bordeaux, France. Gatwick normally operates a limited number of flights overnight. Those meeting someone from a flight have been advised to check the airport's live flight information on its website for up-to-date information.

by | December 18, 2018 | 15:46

Rocco, an African grey parrot, is having a love affair with Amazon's Alexa . Alexa returns Rocco's love by letting the bird use her for his shopping needs. Imitating his owner, the parrot managed to order stuff like fruit, snacks, and even a kettle, so his human has to now check her account every day to make sure she cancels any orders that Rocco made.

by | December 15, 2018 | 19:34

Apple is looking to expand its presence in the U.S. The company has announced several plans for it. The 133-acre campus in Austin will be located less than a mile from Apple's existing facilities and will initially have 5,000 new employees.

by | December 14, 2018 | 09:07

American soybean farmers are still waiting to see the benefit of President Donald Trump's trade truce with China. "We do object to using inappropriate methods, like stealing secrets, like forced technology transfers, that sort of thing", Ross said of China.

by | December 13, 2018 | 23:16

Today marks another key and pivotal win in favor of cannabis market expansion and, as a result, could create a favorable climate for pot stocks; especially those dealing with CBD products. "I want to thank Senator Pat Roberts, who has been a mentor to me throughout this process and who has now seen through eight Farm Bills, as well as Chairman Conaway for his leadership and guidance".

by | December 13, 2018 | 22:58

Brent crude fell 5 cents to $60.15 a barrel, off the session high of $61.43 a barrel. The price of oil has fallen 25 percent recently because major producers and the USA are producing oil at high rates. It's likely the combination of the two that prompted selling - not least concerns over growth stemming from the U.S. Opec said today it had offset a drop in sanctions-hit Iranian oil exports and lowered the 2019 forecast of demand for its crude, underlining the challenge the producer group ...

by | December 13, 2018 | 06:28

Novak met Russian President Vladimir Putin in St Petersburg on Thursday and returned to the Austrian capital on Friday. In August and September, U.S. The Iranian delegation fumed. Meanwhile, Iran is still selling crude despite sanctions. However, OPEC might not disclose individual output quotas, sources said.

by | December 09, 2018 | 17:11

US job growth moderated in November, with non-farm payrolls coming in at about 155,000 for the month - down from the 190,000 that analysts had predicted - according to the Bureau of Labor Statistics . Since President Trump was elected in November 2016, the US economy has created 4.6 million jobs. Average hourly earnings rose 3.1 percent as compared with November 2017, matching the pace recorded in October, which had been the strongest increase in almost a decade.

by | December 09, 2018 | 16:17

Separately Altria also said it would discontinue some of its e-cigarette brands, including all of MarkTen and Green Smoke e-vaper products, based on their financial performance and will take a related pretax charge of US$200 million in the fourth quarter.

by | December 07, 2018 | 16:40

The United States has also been looking since at least 2016 into whether Huawei violated US sanctions against Iran, Reuters reported in April. Another U.S. She would also have to give up her passport, he said. Without providing any further detail, Bolton said that Huawei is a company that USA officials have been concerned about for a number of reasons.

by | December 07, 2018 | 16:27

It would add provisions for the Commons to "approve the Government's proposed approach, including whether or not an extension to the implementation period should be pursued; and parliamentary approval of the commencement of the powers implementing the Northern Ireland backstop".

by | December 05, 2018 | 05:26

Already there was confusion over when the 90-day period would start. President Trump and Xi Jinping met over dinner at the G20 Summit in Argentina to discuss their trade standoff, after which the president tweeted positive news. Meanwhile, White House National Economic Council Director Larry Kudlow said there wasn't an actual agreement for China to remove auto tariffs, but that he expected China to eventually do it as a measure of good faith.

by | December 03, 2018 | 04:53

G20 summit host Argentina is expected to sign a series of deals with China on Sunday during a one-day state visit by Xi. Under the agreement, Trump will hold off on his vow to increase USA tariffs on $200 billion worth of Chinese goods from 10 percent to 25 percent on January 1.

by | November 28, 2018 | 01:01

Kristin Dziczek of the Center for Automotive Research in MI argued it would be short-sighted for the federal government to target GM's electric cars for punishment, since those are expected to play a growing role in the industry's future. She also noted that tariffs on imported aluminum and steel have hit the company, but she stopped short of saying they had anything to do with the restructuring.

by | November 28, 2018 | 00:59

Trump shocked USA lawmakers and world leaders when he vowed to maintain a partnership with Saudi Arabia , despite mounting evidence that MBS ordered the assassination of Khashoggi , a Washington Post columnist who had criticized the crown prince.

by | November 28, 2018 | 00:43

It was written long before the deadly fires in California this month and before Hurricanes Florence and Michael struck the East Coast . The report, which is 1,600 pages long, isn't good news for the future of our planet-or the USA economy.

by | November 27, 2018 | 00:43

Over the weekend, news leaked that Logitech was reportedly considering a $2.2-billion acquisition of headphone maker Plantronics Inc . Neither Logitech nor Plantronics have commented on the news, but the report comes from Reuters , citing unnamed sources.

by | November 27, 2018 | 00:24

Peter Tchir who writes for Forbes says that the astronomical rise in the price of Bitcoin in December 2017 started just ahead of the American Thanksgiving which saw college students returning home and explaining the potential investment opportunities to their parents and friends.

by | November 23, 2018 | 19:13

On Black Friday , that online total is expected to reach $6 billion. As of early morning Friday, the Macy's flagship store in NY, which opened all night, had a steady stream of shoppers, mostly tourists. Just how good are the deals on Thanksgiving and Black Friday? "Companies only provided limited information which makes it hard to gauge how successful Black Friday has been".

by | November 23, 2018 | 17:30

Mrs May is set to hold more talks with European Commission president Jean-Claude Junker on Saturday in a down to the wire bid to try and secure a withdrawal agreement at an emergency EU summit scheduled for Sunday. The group said any final deal must avoid both a hard land border and any border in the Irish Sea. In an update of the withdrawal agreement, both sides have agreed to extend the post-Brexit transition period from 31 December 2020 "for up to one or two years".

by | November 22, 2018 | 00:35

Nissan officials said they believe Ghosn used the under-reported 5 billion yen for private purposes by dipping into Nissan's investment funds and general expenses. Renault's move to appoint a temporary leader was in line with a demand by the French government, which owns a 15 percent stake in the automaker. The statement concluded: "The Board endorsed the support expressed by the Nissan management to the Renault Nissan Mitsubishi Alliance, which remains the priority of the Group".

by | November 21, 2018 | 23:45

Then on Cyber Monday, November 26, you can pick up an Apple MacBook Air for $750. Almost nine out of 10 (87 per cent) of products on offer at some of the nation's largest retailers on Black Friday in 2017 were either less expensive or cost the same at other points in the year, consumer body Which? has revealed.

by | November 19, 2018 | 14:41

A representative for the Tokyo prosecutors' office said they don't comment on individual cases and a spokesman for Renault also declined to comment. Mr Ghosn is chairman of the Renault-Nissan alliance as well as chief executive of Renault. Nissan's German-listed securities plunged 12 percent. Japanese auto giant Nissan has proposed removing chairman Carlos Ghosn from his post over financial misconduct claims.

by | November 19, 2018 | 11:20

The United State Department of Agriculture has issued a recall of more than 91,000 pounds of raw ground turkey due to a possible salmonella outbreak . Symptoms can include fever, diarrhea, abdominal cramps, headache, nausea, vomiting, and loss of appetite that start within 12 to 72 hours after eating contaminated product.

by | November 19, 2018 | 11:19

The demonstrators are trying to block motorways and fuel depots as part of a grassroots movement billed as the "yellow vests". The "yellow vest" movement enjoyed much more public support than others against Macron since he swept to the presidency past year.

by | November 15, 2018 | 20:42

The most significant is the Camp Fire in the north, where 29 people have been confirmed dead, making it the equal worst fire on record in the state. "Progress is being made", said Ken Pimlott, director of the California Department of Forestry and Fire Protection (Cal Fire) at a news conference flanked by Governor Jerry Brown, U.S.

by | November 14, 2018 | 10:25

WTI dropped 1 dollar to settle at 60.67 dollars a barrel, while Brent was down 1.42 dollars to close at 70.65 dollars a barrel. Saudi Arabia expressed the need for oil producers to cut 1 million barrels a day from October levels and announced fewer shipments from next month, as OPEC and its allies began laying the groundwork to reduce oil supply in 2019, reversing an nearly year-long expansion.

by | November 11, 2018 | 22:17

This year, the company surpassed last year's full-day sales record of 168 billion yuan in just under sixteen hours. The Alibaba Singles' Day sale brought in $3 billion within the first five minutes of the sale when transactions for items put on sale are recorded, said a Reuters report.

by | November 10, 2018 | 11:44

To find out how serious the risks are due to the malfunction of the sensor, the Indonesian investigator would carry out a flight reconstruction in the Boeing facility in the United States. The plane is the latest generation of Boeing's workhorse narrowbody aircraft, with more than 200 delivered since it entered service a year ago and a total of 4,700 orders placed by airlines around the world.

by | November 05, 2018 | 05:58

Of course everyone would hope that we can continue to progress from trade tensions, but there is an air of caution that should still be used. Disagreements on trade have "adversely affected" industries from both countries as well as global trade, Xi said.