Business


Toyota to invest RM4 bil in Grab, gets seat on board Toyota to invest RM4 bil in Grab, gets seat on board
- June 13, 2018

Grab said it plans to work with its new investor "to create a more efficient transport network that will ease traffic congestion in Southeast Asia's megacities" and help its drivers increase their income. A man walks past a Grab office in Singapore March 26, 2018. A Toyota executive will be appointed to Grab's board and another Toyota representative is being tapped to be an executive officer at Grab, the company said. (more...)
Louboutin wins European Union trademark dispute over red soles Louboutin wins European Union trademark dispute over red soles
- June 13, 2018

FILE PHOTO: A shoe by French designer Christian Louboutin is seen during a media viewing of his retrospective exhibition at the Design Museum in London on April 30, 2012. The Dutch court will be bound by Tuesday's European Union court decision. "The case will now go back before the Dutch court, but it seems likely that Louboutin will be allowed to develop a monopoly for red-soled high-heeled shoes". (more...)
German ministry says 774000 Mercedes cars contain unauthorized software German ministry says 774000 Mercedes cars contain unauthorized software
- June 13, 2018

A device can be classified as illegal if exhaust filtering systems are deactivated too early or without good reason. The report claims that, during KBA's investigation, five "illegal switch-off devices" have been discovered in the bulk of the automaker's Euro 6 diesel motors, encompassing at least one million vehicles in total. (more...)
Yahoo fined £250,000 for 2014 data breach Yahoo fined £250,000 for 2014 data breach
- June 13, 2018

Although the United Kingdom has just ratified a new Data Protection Act, which implements the General Data Protection Regulation and comes with larger fines, this investigation was carried out under the Data Protection Act 1998. Cyber thieves may have stolen names, email addresses, telephone numbers, dates of birth and encrypted passwords, the company said. The ICO listed some mitigating factors in its decision notice, including that the exfiltrated data in the Yahoo! incident didn't ... (more...)
Federal judge approves AT&T-Time Warner merger Federal judge approves AT&T-Time Warner merger
- June 13, 2018

Leon rejected the notion of temporarily suspending the merger for a possible appeal by the government. Already one deal depends on the ruling: Comcast Corp said in May that it was preparing a higher, all-cash offer for most of the media assets of Twenty-First Century Fox , but sources say it will only proceed if AT&T wins its case. (more...)
Seattle may now kill the 'Amazon tax' it just passed Seattle may now kill the 'Amazon tax' it just passed
- June 13, 2018

Seattle city leaders said, Monday, they'll work to repeal a tax passed just last month on businesses such as Amazon and Starbucks created to help pay for homeless services and affordable housing. The tax debate comes as 20 cities vie to lure the company's second headquarters and as it expands its workforce in Boston and Vancouver, British Columbia. (more...)
Plane taxis to Orlando gate - after alligator crosses tarmac Plane taxis to Orlando gate - after alligator crosses tarmac
- June 13, 2018

Welcome to Florida, where the alligators greet you at the airport! It shows an alligator, strolling leisurely across the runway. Airport spokesperson Carolyn Fennell told the media outlet the commercial air facility spans 56.655 square kilometres, with just under a square kilometre of it covered in water. (more...)
Canada parliament condemns US attack on Trudeau, country simmers
- June 12, 2018

Among other insults the president levelled at the PM, Trump called Trudeau "very dishonest and weak ", and accused Canada of ripping the USA off in trade. And experts say almost all unfair dumping on the metals market is done by China, not Canada, Mexico and Europe . Germany pays 1% (slowly) of GDP towards North Atlantic Treaty Organisation , while we pay 4% of a MUCH larger GDP. (more...)
Yes, Trump Talked About Human Rights With Kim Jong Un - Katie Pavlich
- June 12, 2018

Trump said the negotiations he has initiated should help improve conditions in the isolated country, which successive US administrations have targeted for gross human rights violations . Trump, who said that human rights did come up during the talks and that he would hold further conversations on the subject in the future, was responding to a journalist who asked how he could feel so comfortable calling Kim "talented" when the North Korean leader had had some of his own family members killed, ... (more...)
Elon Musk announces Tesla to cut 9 percent of jobs Elon Musk announces Tesla to cut 9 percent of jobs
- June 12, 2018

Tesla employees based at US DIY chain Home Depot and involved with the home solar business Tesla acquired when it bought SolarCity are among those affected, he said. The areas were to be outfitted during the first half of this year and staffed by Tesla employees to demonstrate that its panels and batteries have mainstream appeal. (more...)
No Driver Input Detected In Seconds Before Deadly Tesla Crash, NTSB Finds
- June 12, 2018

The NTSB will now examine the cause of the crash, a process that is expected to take up to a year. It likely will take more than a year to determine what caused the crash, NTSB spokesman Christopher O'Neil said Thursday. Federal agencies are investigating two other crashes in which Teslas ran into stopped fire department vehicles. A Tesla spokeswoman pointed to passages in the company's owner's manual that warn that automatic emergency braking may not work all the time, and won't ... (more...)
Seattle tax opposed by Amazon will be likely be rescinded Seattle tax opposed by Amazon will be likely be rescinded
- June 12, 2018

Council President Bruce Harrell sponsored the legislation to repeal a $275-per-employee tax on businesses grossing more than $20 million in revenue. Mayor Jenny Durkan and seven of nine City Council members said Monday they worked with a range of groups to pass a measure last month that would strike a balance between protecting jobs and supporting affordable housing. (more...)
Same-sex couple accuse Uber driver of kicking them out for kissing Same-sex couple accuse Uber driver of kicking them out for kissing
- June 12, 2018

One of the women pulled out her phone and started recording. Iovine says the two are aware of Uber's policy against riders having sex in the backseat, but that the kiss was far from objectionable. Uber refunded the $22 fare and apologized to her for the inconvenience. Sources say the incident was reported by both the passengers and the driver. (more...)
Ethereum Classic [ETC]’s 25% flash surge following Binance and Coinbase announcements Ethereum Classic [ETC]’s 25% flash surge following Binance and Coinbase announcements
- June 12, 2018

The cryptocurrency exchange stated that it will announce a launch date for trading through its official blog and Twitter as the final testing phase of the technical integration is reached. Only after the cryptocurrency has established itself on those platforms will "regular" Coinbase users be able to trade it. Coinbase Asset Management - any asset listed on Coinbase Markets will be added to Coinbase Index in accordance with the Coinbase Index methodology. (more...)
Pompeo says North Korea could get ‘unique’ security guarantees
- June 12, 2018

USA officials and the North Korean state news agency struck a hopeful tone as the meeting approached, while negotiators from both countries met privately in the last hours to iron out agreements, such as over the definition of denuclearisation and the terms under which Pyongyang might agree to dismantle its nuclear arsenal. (more...)
Rolls-Royce says aero engine snag has spread Rolls-Royce says aero engine snag has spread
- June 12, 2018

Goldman Sachs Group restated a conviction-buy rating and set a GBX 1,261 ($16.79) target price on shares of Rolls-Royce in a research note on Monday , February 12th. Rolls-Royce has a one year low of $11.01 and a one year high of $13.29. Credit Suisse Group AG reaffirmed an underperform rating and set a GBX 595 ($7.43) price target on shares of Rolls-Royce Holding PLC in a report on Thursday , November 17th. (more...)
Pizza company asking for town nominations for pot hole repairs Pizza company asking for town nominations for pot hole repairs
- June 12, 2018

The towns chosen will get money to fix their crumbling roads and ensure the integrity of pizza remains in tact, the company said. It documents the work done in those communities on the Paving for Pizza web site. Bartonville town administrator Michael Montgomery praised the company's input. Fouracre declined to disclose specific grant details, but said they're "smaller", "not multi-million dollar" awards created to add on to pothole-fixing budgets. (more...)
Russia Boosts Oil Output With Commitment to OPEC Cuts Waning
- June 12, 2018

Saudi Arabia and Russian Federation may propose a gradual production increase at the June 22-23 meetings in Vienna, intending to offset any supply disruptions in Iran and Venezuela. Earlier in the month, the market sold off sharply as investors priced in the possibility of increased production from Saudi Arabia, Russia and other major producers. (more...)
German ministry says 774000 Mercedes cars contain unauthorised software
- June 12, 2018

It added that a total of 774,000 Mercedes vehicles being used across Europe contain the defeat devices. Daimler, like other auto manufacturers, uses urea nitrate liquids to naturalize nitrogen oxide emissions in exhaust fumes. Daimler declined to comment on the 1 million vehicles figure, but said it is cooperating fully and transparently with the KBA and Germany's Transport Ministry. (more...)
8 early takeaways from the Trump-Kim summit 8 early takeaways from the Trump-Kim summit
- June 12, 2018

Singapore is a short flight from North Korea for Kim Jong Un , and until recently, North Koreans could travel there visa-free for such luxuries as shopping, and sophisticated medical care. "We can set it up and if it doesn't work out, if we don't get the benefits of that, we can pull back again". The best one can hope for is "talks for the sake of talks, and further rounds of follow-up negotiations," said Sung-Yoon Lee, professor of Korean studies at the Fletcher School at Tufts ... (more...)
Saudi oil output said to top 10 million barrels a day
- June 12, 2018

Saudi Arabia, which along with Russian Federation is trying to garner support for lifting output limits, told the Organisation of Petroleum Exporting Countries that its daily production rose 162,000 barrels a day to 10.030 million in May compared with the previous month, a person with knowledge of the data said, asking not to be identified because the information isn't public. (more...)
Full text of 'Singapore Agreement' signed by Trump and Kim Full text of 'Singapore Agreement' signed by Trump and Kim
- June 12, 2018

Trump said he had formed a "very special bond" with Kim and that relationship with North Korea would be very different. Rodman, sporting a black t-shirt advertising a cryptocurrency he is involved with, said he was unsure whether he would get to meet with Kim - a man he has previously described as a "friend for life". (more...)
Swiss vote down 'dangerous' overhaul of banks Swiss vote down 'dangerous' overhaul of banks
- June 12, 2018

Some 74 percent of voters had rejected the so-called Sovereign Money initiative according to initial forecasts from Swiss broadcaster SRF. The country has also set up a crypto valley in the canton of Zug and has been formally considering the possibility to issue a state-backed up with cryptocurrency. (more...)
Rahul to appear in court today in Maharashtra Rahul to appear in court today in Maharashtra
- June 12, 2018

Rahul also alleged that the Modi government has ignored the interests of farmers but has helped a small group of industrialists by waiving loans amounting to almost Rs 2.5 lakh crore. Gandhi arrived in Mumbai on Tuesday morning. The Congress president claimed that smaller businessmen couldn't grow in India and used the example of Coca-Cola to illustrate his point. (more...)
German Regulator Found Defeat Devices In Daimler Diesel Cars
- June 12, 2018

The information comes from Bild am Sonntag newspaper and was brought to our attention by Automotive News . The firm's compression ignition engines use urea nitrate liquids to naturalize nitrogen oxide emissions in exhaust fumes. Daimler said last month it would appeal against an order by the KBA to recall the Mercedes van Vito 1.6l Diesel Euro 6 model, following a transport ministry investigation. (more...)

« previous 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154 155 156 157 158 159 160 161 162 163 164 165 166 167 168 169 170 171 172 173 174 175 176 177 178 179 180 181 182 183 184 185 186 187 188 189 190 191 192 193 194 195 196 197 198 199 200 201 202 203 204 205 206 207 208 209 210 211 212 213 214 215 216 217 218 219 220 221 222 223 224 225 226 227 228 229 230 231 232 233 234 235 236 237 238 239 240 241 242 243 244 245 246 247 248 249 250 251 252 253 254 255 256 257 258 259 260 261 262 263 264 265 266 267 268 269 270 271 272 273 274 275 276 277 278 279 280 281 282 283 284 285 286 287 288 289 290 291 292 293 294 295 296 297 298 299 300 301 302 303 304 305 306 307 308 309 310 311 312 313 314 315 316 317 318 319 320 321 322 323 324 325 326 327 328 329 330 331 332 333 334 335 336 337 338 339 340 341 342 343 344 345 346 347 348 349 350 351 352 353 354 355 356 357 358 359 360 361 362 363 364 365 366 367 368 369 370 371 372 373 374 375 376 377 378 379 380 381 382 383 384 385 386 387 388 389 390 391 392 393 394 395 396 397 398 399 400 401 402 403 404 405 406 407 408 409 410 411 412 413 414 415 416 417 418 419 420 421 422 423 424 425 426 427 428 429 430 431 432 433 434 435 436 437 438 439 440 441 442 443 444 445 446 447 448 449 450 451 452 453 454 455 456 457 458 459 460 461 462 463 464 465 466 467 468 469 470 471 472 473 474 475 476 477 478 479 480 481 482 483 484 485 486 487 488 489 490 491 492 493 494 495 496 497 498 499 500 501 502 503 504 505 506 507 508 509 510 511 512 513 514 515 516 517 518 519 520 521 522 523 524 525 526 527 528 529 530 531 532 533 534 535 536 537 538 539 540 541 542 543 544 545 546 547 548 549 550 551 552 553 554 555 556 557 558 559 560 561 562 563 564 565 566 567 568 569 570 571 572 573 574 575 576 577 578 579 580 581 582 583 584 585 586 587 588 589 590 591 592 593 594 595 596 597 598 599 600 601 602 603 604 605 606 607 608 609 610 611 612 613 614 615 616 617 618 619 620 621 622 623 624 625 626 627 628 629 630 631 632 633 634 635 636 637 638 639 640 641 642 643 644 645 646 647 648 649 650 651 652 653 654 655 656 657 658 659 660 661 662 663 664 665 666 667 668 669 670 671 672 673 674 675 676 677 678 679 680 681 682 683 684 685 686 687 688 689 690 691 692 693 694 695 696 697 698 699 700 701 702 703 704 705 706 707 708 709 710 711 712 713 714 715 716 717 718 719 next »