Finance

by | December 23, 2018 | 09:15

Kelly's wife, Donna Kelly, said in a video message carried by Japanese networks that her husband was "wrongly accused as part of a power grab" at Nissan. If he is convicted over this, the sentence is the same but is more likely to result in time behind bars. Japan's prosecutors have faced criticism for a lack of clarity and communication on how they are handling the case, with Ghosn held in detention without charge for longer than would be permitted in the United Kingdom for a suspected ...

by | December 23, 2018 | 08:14

The social network has plans to launch its cryptocurrency in India first to benefit from the countries growing mobile payments market, according to a new report . Facebook CEO Mark Zuckerberg first expressed his interest in blockchain in his 2018 mission statement, when he said that he wanted to explore the positive and negative aspects of blockchain and other kinds of distributed ledger technologies.

by | December 23, 2018 | 00:24

The Nasdaq is down 382.26 points, or 5.5 percent. Markets settled later in the afternoon, with the Dow hovering just above 300 points down. Several other key indexes in recent days have confirmed they were in bear markets, among which are the Russell 2000 small-cap index .RUT and the Dow Jones transportation average .DJT .

by | December 23, 2018 | 00:21

Juul, which was founded in 2017, dominates the market for e-cigarettes in America, with about three quarters of sales. The deal, announced on Thursday, values San Francisco-based Juul at United States dollars 38 billion, more than double the roughly USD 16 billion valuation it achieved in a July private funding round, highlighting what Altria sees as a growth path in the face of declining cigarette sales.

by | December 22, 2018 | 20:27

In a big relief to common man, the 31st Goods and Service Tax (GST ) Council meeting on Saturday cut rates of 33 items from 18 per cent to 12 per cent and 5 per cent. Confederation of All India Traders (CAIT) Secretary General Praveen Khandelwal said that the reduction in rates "will on one side will lower the cost of production of large number of items and on the other hand will make consumers more comfortable".

by | December 22, 2018 | 18:45

Global financial markets, including Wall Street stocks, had been hoping for a more dovish policy outlook and sold off broadly. Other major central banks, meanwhile, are still anchored at zero interest rates , making every further step by the Fed that much riskier because it draws capital toward the United States, strengthens the dollar, and potentially weakens US exports and growth.

by | December 22, 2018 | 13:27

Owners of affected vehicles are advised to bring their trucks into a dealership for inspection and to have the cable repaired or replaced. The cable is a cord hanging from the vehicle that's usually attached to an extension cord plugged into a garage or home.

by | December 22, 2018 | 10:10

Danish authorities said on Thursday they had authenticated a video posted on social media showing the murder of one of the women. The bodies of Louisa Vesterager Jespersen , 24, and Maren Ueland , 28, from Denmark and Norway , respectively, were discovered in the Atlas Mountains on Monday.

by | December 21, 2018 | 22:52

On Thursday, a district court in Munich ruled that the iPhones models infringed on a Qualcomm patent dealing with a smartphone power-saving feature. As a result, the court granted Qualcomm's request for an injunction against the affected models. Apple has argued its former supplier unfairly leverages its position as the biggest provider of chips for smartphones to force payment.

by | December 21, 2018 | 16:59

This week's US sell-off came after the Federal Reserve raised interest rates for the fourth time this year and signaled more increases are likely next year. The Fed is now cutting the holdings at the rate of $50bn a month - a policy that, like its rate rises, has been criticised by the USA president. He noted a continually growing economy in line with expectations and adding jobs at a rate supporting a continued lowering of the unemployment rate.

by | December 21, 2018 | 12:13

Prosecutors have appealed the decision, and could take further legal steps to allow them to investigate Ghosn and co-defendant and former Nissan executive Greg Kelly longer. "I want to have my position heard and restore my honour in court". The denial is extremely rare in a country where requests from investigative authorities for extended detention are nearly automatically approved.

by | December 20, 2018 | 18:56

Without agreement, a partial government shutdown would happen Friday at midnight. Schumer characterized the extra non-wall billion sought by the White House as a "slush fund for the president to use for his radical immigration agenda".

by | December 20, 2018 | 17:31

A Florida man has started a GoFundMe campaign to raise money online for President Trump's border wall, saying "it's up to Americans to help out and pitch in to get this project rolling". When [we] get this information secured we will update. Just last week Trump said he would be "proud" to shut down the government over his demand for $5 billion for the wall.

by | December 20, 2018 | 12:32

Health care stocks are leading major US indexes lower in early trading on Wall Street after a federal judge ruled that the 2010 Affordable Care Act is unconstitutional. The Dow is down 424.87 points, or 1.8 percent. USA crude futures settled down 7.3 percent while Brent settled down 5.6 percent, weakening for a third consecutive session on reports of swelling inventories and forecasts of record US and Russian output.

by | December 20, 2018 | 09:11

Gatwick Airport in the UK's Sussex has halted its operations, including suspending numerous flights, after reports emerged of more than one drone flying in the airfield, global media outlets said. Two drones were spotted flying over the airfield at about 9.03pm this evening, with officials saying there had been further sightings since. Social media users spoke of flights being forced to head to other United Kingdom airports, including London Heathrow, Luton and Manchester.

by | December 19, 2018 | 20:57

The office did not suggest the arrest was linked to the arrest of Huawei Technologies chief financial officer Meng Wanzhou on December 1, who was held by Canadian authorities at the request of USA officials. 'We have engaged with the Chinese officials to determine what exactly conditions are they being detained under? She is the also vice chairman of Huawei, the second-largest smartphone creator in the world and the daughter of the company's founder, Ren Zhengfei.

by | December 19, 2018 | 17:12

It also allowed Yahoo to access "streams of friends' posts as recently as this summer". The partnership, as explained by the report , allowed Facebook to grow by bringing new users, and encourage them to use the platform, while the companies in return "acquired features to make their products more attractive".

by | December 19, 2018 | 17:11

The Tesla, which has autonomous capabilities, did much of the driving itself - navigating curves and adjusting its speed while locked with those alignment wheels - but there was still a trained driver behind the wheel. It also can carry more than just Teslas, of course, and Musk said it applies to any "autonomous, electric car " that you might have. In May, the company gave the world a preview of the first tunnel, posting a fast-forward video of the interior shot by a camera traveling the ...

by | December 19, 2018 | 12:15

The manager told the customer the price for his order, but the customer made a counter-offer - a baggie holding a "green leafy substance", an arrest report states. The auto was described as "excessively dirty" and littered with french fries, chicken nuggets and moldy chicken wings. He was taken to Lucie County Jail for booking.

by | December 18, 2018 | 18:44

The potential raise in interest rates led US President, Donald Trump , to tweet in anger . "Take the Victory!" Trump wrote on Monday. 'It is incredible that with a very strong dollar and virtually no inflation, the outside world blowing up around us, Paris is burning and China way down, the Fed is even considering yet another interest rate hike.

by | December 17, 2018 | 23:41

Not all Adam Bros. products have been recalled, according to the statement. A California farm has issued a recall of cauliflower that was distributed to wholesalers to states across the country, including Arizona, over possible E. Recalled red and green leaf lettuce was sent to wholesalers in California, Colorado, Minnesota, Oregon, Pennsylvania, Texas and Washington state. The recall also includes cauliflower from the same farm which has also been sold to vendors and distributors ...

by | December 17, 2018 | 22:44

He now lives with sanctuary worker Marion Wischnewski who reportedly agreed to foster him in her home. A parrot has become best friends with his owner's Amazon Alexa by using the device to order some of his favourite snacks. Wishnewksi told Daily Mail that Alexa not only talks to Rocco and provides him company, but she also plays his favorite songs. Rocco has ordered other items as well including light bulbs, a kettle and a kite.

by | December 17, 2018 | 20:24

Many high-tech workers are thus choosing to live elsewhere, causing major tech employers such as Apple, Amazon and Google to look in new places for the employees they need to pursue their future ambitions. Google put its first office in NY almost 20 years ago, and plans to move into the new campus space by 2020. In total, this will offer Google an additional 1.7 million square feet of space to house employees.

by | December 16, 2018 | 08:26

The board chose to maintain decisions taken on 20 November, the day after his arrest, to appoint board chair Philippe Lagayette and deputy CEO Thierry Bolloré as interim top management. Under French government pressure, Ghosn had been exploring a deeper tie-up or even a full merger between Renault and Nissan, despite strong reservations at the Japanese carmaker.

by | December 15, 2018 | 21:30

Reuters reports that the company denied the claim and avoided handing over talc test results and other internal company records needed to make Ms Coker's case. Meadows won five of the six cases - which are being appealed by Johnson & Johnson - including a $417 million award in Los Angeles and a $110 million award in St.