Finance

by | December 12, 2018 | 23:57

U.K. Prime Minister Theresa May defended her leadership outside 10 Downing Street just before 9 a.m. Wednesday, revealing that her Conservative Party had demanded a vote of confidence in her premiership amid the tumult of Britain exiting the EU .

by | December 12, 2018 | 16:01

Google CEO Sundar Pichai came under fire from lawmakers on Tuesday over the company's secretive plan to launch a censored search engine in China . Sundar Pichai was asked the process behind Google determining to display images of the U.S.

by | December 11, 2018 | 05:00

Both of the patents in question relate to software and are separate from hardware patents under dispute in other court battles between the two tech giants in the US and elsewhere. San Diego-based chipmaker Qualcomm on Monday said it had won a preliminary injunction against Apple in Chinese courts, which found that Apple infringed on two Qualcomm-held patents.

by | December 11, 2018 | 03:19

A timeline for Lyft's market debut as a public company isn't as clear, but 2019 is said to be the target. Just over a year ago, co-founder and former CEO Travis Kalanick departed the company, and new chief executive Dara Khosrowshahi has spent much of 2018 attempting to turn the company around and rehabilitate its image.

by | December 10, 2018 | 23:13

The CEO appeared alone at a late-night media conference just hours after the arrest and issued a frontal condemnation of Ghosn's alleged behaviour, calling it "the dark side of Ghosn's long reign". Only Ghosn's lawyers and embassy officials from Lebanon, France and Brazil, where he has citizenship, have been allowed to visit him. Prosecutors are also planning to rearrest Ghosn on new charges not yet made public, said the people.

by | December 10, 2018 | 19:36

Prime Minister Narendra Modi said the RBI brought financial stability under the leadership of Patel. He steered the banking system from chaos to order and ensured discipline. I wish Dr. Urjit Patel success in his future endeavours. "I think, this is something that all Indians should be concerned about because strength of our institutions is really important for our growth, sustainable growth and equity in the economy", said Mr.

by | December 10, 2018 | 12:40

The report will provide some relief for Bank of Canada Governor Stephen Poloz, who said on Thursday that economic data since October had been disappointing. "The large gain in jobs will keep a January rate hike on the table for now, but we'll need to see similarly positive evidence from other indicators and no major reversal in the next jobs report, " Mendes wrote in a research note to clients Friday.

by | December 10, 2018 | 07:15

In November , shortly after he was criticized for not punishing Saudi Arabia for the murder of Washington Post columnist Jamal Khashoggi, Trump tweeted out his thanks to the Saudis for lower gas prices that were "l$3 ike a big Tax Cut for America and the World".

by | December 10, 2018 | 06:27

Heavy snow will continue across northern central North Carolina on Sunday, while the National Weather Service now predicts precipitation in the Triangle will switch to freezing rain late Sunday morning and linger into the afternoon. Total snow accumulations of up to 3 inches and ice accumulations around three-tenths of an inch. The winter storm sweeping across the southern United States revealed its power Saturday by dropping 10 inches of snow on Lubbock, Texas - 2 inches more than the ...

by | December 09, 2018 | 16:47

The CEO of O2 Mark Evans followed it up with: "I want to reassure our customers that we are doing everything we can to fix the issue with our network and say how sorry I am to everyone affected". "You don't need to do a thing", the company said in a Twitter post. Ericsson has promised "a complete and comprehensive root cause analysis" to find out how the security certificate expiries were missed.

by | December 09, 2018 | 14:53

That's less than the roughly 200,000 jobs a month that the economy has been creating for the past year. "The economy continues to churn out new jobs and reflects the strong underlying business conditions that point to steady, albeit slower job growth and economic activity in 2019", said Joe Brusuelas, chief economist at consulting firm RSM.

by | December 08, 2018 | 19:15

It was designed for the iPhone 6 , 6S and now, it is also available for the iPhone 7. The icon, which can be found on watchOS 5.1.2 beta 2, is used to display the charging status for the battery case within the battery widget. Finally, evidence has been discovered within iOS to suggest that this Smart Battery Case follow-up may launch before the end of the year. Among the changes, Apple is now offering its customers double the normal amount on trade-in devices for those who buy a new ...

by | December 08, 2018 | 16:59

Altria can also invest up to a further $1.4 billion to increase its ownership stake in Cronos to 55 per cent, under the arrangement. " Altria is the ideal partner for Cronos Group , providing the resources and expertise we need to meaningfully accelerate our strategic growth", said Mike Gorenstein, Cronos Group's chairman, president and chief executive officer.

by | December 08, 2018 | 06:29

U.S. stocks plunged on Tuesday with all three major indices erasing more than 3 per cent, amid worries over inverted yield curve signalling a possible economic slowdown. Concerns are mounting over the lack of meaningful progress on the US-China trade talks, after Trump suggested on Tuesday that he may extend the 90-day trade truce with China.

by | December 08, 2018 | 05:23

He said in a statement that Bush's service to the nation "demonstrated how we as a people can draw on our humility, diversity and devotion to our country to meet every challenge with fortitude and confidence". That was a departure from Trump's comments at a Montana rally this past summer, where he mocked the "thousand points of light" phrase that Bush had famously used to describe the volunteer spirit of Americans.

by | December 08, 2018 | 03:50

The Australian dollar , viewed as a barometer of Chinese growth, gave up early gains to trade 0.26 percent lower. The Dow retreated 3.1 percent and the Nasdaq sank 3.8 percent on Tuesday. An inversion in that part of the curve has preceded each of the last seven recessions. It reflects the idea that the Fed is slowly hiking the economy into recession.

by | December 08, 2018 | 02:21

Once in place, umbilical cords from the power unit feed the car's electrical systems, with power management operated via a dedicated screen in the cabin. " We are very aware of the environmental and social pressures that threaten to restrict the use of classic cars in the years to come", Aston Martin CEO Andy Palmer said in a statement.

by | December 08, 2018 | 02:10

In the full-width crash test , the rear passenger protection was rated as poor - the lowest rating - while driver chest protection was marginal. It also advised that the Wrangler will get autonomous emergency braking ( AEB ) and other safety features such as blind-spot monitoring, rear cross-path detection, parking sensors and a rear-view camera in markets such as Australia where it is due to go into showrooms next year.

by | December 07, 2018 | 18:59

Trump has exaggerated the effect of the tariffs on US revenue. He said the "implicit potential threat" of new tariffs had been reduced after the meeting. On Monday, Kudlow said there was an "assumption" that China would eliminate auto tariffs, not a specific agreement. Those 10 percent tariffs were scheduled to ratchet up to 25 percent on January 1 if the USA and China failed to reach an agreement to at least postpone that move.

by | December 07, 2018 | 13:48

While there does exist a hardcore of "Brexiteers" who want Britain and Northern Ireland to leave the European Union with no deal, it is generally agreed that this is a minority view within Parliament. However, it has already been rejected by Arlene Foster, leader of the Democratic Unionist Party , which is propping up Mrs May's government. May's critics, including both supporters and opponents of Brexit, say that means Britain could be subject to European Union laws long after it has ...

by | December 07, 2018 | 08:14

Whether Beijing was informed of the arrest before or after the dinner, they did know about it before they issued later statements indicating that trade talks were moving forward, a clear signal that the arrest had not derailed the trade talks.

by | December 06, 2018 | 22:49

In latest, Canadian law enforcement has arrested Huawei CFO Wanzhou Meng from Vancouver while she was changing her flights. News of Meng's arrest provoked an immediate protest from the Chinese embassy in Canada , demanding the US and its neighbor "rectify wrongdoings" and free Meng.

by | December 06, 2018 | 22:47

Meng "was arrested in Vancouver on December 1", a statement by Canada's ministry of justice said . "The arrest comes against a backdrop of concerns about trade and technology as well as cyber security when using Chinese hardware for IT systems", said Michael Hewson, analyst at CMC Markets.

by | December 06, 2018 | 22:03

On Monday, Trump tweeted that China had agreed to remove tariffs on American autos , but White House aides struggled to explain specifics about the deal, according to the Associated Press . The two countries have now agreed to a 90-day truce to work out a broader trade deal . The Dow Jones Industrial Average.DJI fell more than 3 per cent, the S&P 500.SPX lost 3.2 per cent and the Nasdaq Composite.IXIC tumbled 3.8 per cent.

by | December 06, 2018 | 17:53

Farmers union FNSEA said it would fight to help farmers earn a better income, though it said it would not officially be joining forces with the "yellow vests ", as the protesters have come to be called after the high-visibility vests French motorists are required to keep in their cars, and which they don for demonstrations.