Business


China economic growth slows to 6.7% in second quarter
- July 16, 2018

The data comes as the government attempts to curb growing debt and as trade tensions with the USA escalate. The Shanghai Composite index lost 0.4 percent to 2,820.52 and Hong Kong's Hang Seng edged less than 0.1 percent lower to 28,486.70. (more...)
United Kingdom awards $3.3 million for Scottish spaceport United Kingdom awards $3.3 million for Scottish spaceport
- July 16, 2018

Sutherland was chosen for the United Kingdom's first vertical launch site after an assessment of several proposed spaceport sites in Scotland as well as Wales and England's Cornwall region. . The government is planning a spaceport in Sutherland in the Highlands, 30 miles from John o'Groats, and one at Newquay, a similar distance from Land's End in Cornwall. (more...)
Get ready for Amazon Prime Day on Monday Get ready for Amazon Prime Day on Monday
- July 16, 2018

But this shopping holiday is only for Prime members, who pay $119 a year, or $12.99 per month, and get extra perks like free two-day shipping, and access to Prime TV , movies and music. It said Prime members ordered more than 40 million items from small and medium-sized businesses past year during the promotion. Eastern Time, running through July 17, extending the sale from 30 hours to 36 hours. (more...)
Sutherland expected to host UK's first spaceport
- July 16, 2018

The space agency said it was chosen as it is the best place in the United Kingdom to reach highly sought-after satellite orbits with vertically launched rockets. "The worldwide space sector is growing and we want to ensure the region is ready to reap the economic benefits that will be generated from this fantastic opportunity". (more...)
Volkswagen I.D. R Sets Electric Record On Goodwood Hillclimb Volkswagen I.D. R Sets Electric Record On Goodwood Hillclimb
- July 16, 2018

Despite an increase in electric/hybrid entrants, the outright record at Goodwood, a 41.6 second post set by the McLaren MP4/13 in 1999, remained safe for another year. Porsche declined to chase a time in the 919, but the time sheets revealed it set a post of 49.86 seconds on the Sunday afternoon, without its driver, Neel Jani, really trying. (more...)
Elon Musk could face legal action after Thai cave rescuer ‘pedo’ comments Elon Musk could face legal action after Thai cave rescuer ‘pedo’ comments
- July 16, 2018

He wrote that he was escorted into the cave by Thai Navy SEALS - "total opposite of wanting us to leave". Vernon Unsworth, an explorer who is an expert in the cave, dismissed Musk's submarine was "a PR stunt " in an interview with CNN . (more...)
US soybean growers denounce additional tariffs on Chinese goods US soybean growers denounce additional tariffs on Chinese goods
- July 16, 2018

Ding Lixin, a researcher at the Chinese Academy of Agricultural Sciences in Beijing , said as output of USA soybeans is expected to increase and export demand declines, U.S. The soybean stockpile would surge to 580 million bushels by the time the 2019 crop is ready for harvest, the largest USA "carryover" in 74 years of USDA records. (more...)
CVS apologizes after white manager in Chicago calls police on black customer CVS apologizes after white manager in Chicago calls police on black customer
- July 16, 2018

Hudson told Block Club Chicago that the incident seems to have had an effect on people around the country. According to his aldermanic campaign website, he was a state delegate for President Donald Trump in the 2016 election and is president of the Log Cabin Republicans of IL, a group advocating for LGBTQ conservatives. (more...)
Everything you need to know about Australia's first Amazon Prime Day Everything you need to know about Australia's first Amazon Prime Day
- July 16, 2018

Amazon is expecting not just a spurt in its sales over the 36-hour-long Amazon Prime Day but is also targeting a jump in its Prime membership, which leads to brand loyalty. Incidentally, the Note8 exchange has up to Rs 10,000 off. The Asus Zenfone 5Z ( review ) is going to go on sale starting from Rs. 29,999 as well. There are lucrative exchange offers on some popular smartphones too. (more...)
Elon Musk can 'stick his submarine where it hurts' says hero Elon Musk can 'stick his submarine where it hurts' says hero
- July 16, 2018

This set Musk on a Twitter rampage - which have become all too common for the 47-year-old entrepreneur. "This reaction has shaken my opinion of many people", he added, in reply to a user who defended him. They were found 200m from that spot. Twelve boys and their football coach were rescued from the Tham Luang cave complex by an global team and after a week of intense drama. (more...)
Target giving teachers discount on some classroom supplies Target giving teachers discount on some classroom supplies
- July 16, 2018

On Thursday, the company posted in a blog that they wanted to make things easier for teachers. However, the website will not go live until July 15. The 15 percent discount will apply to items like pens, pencils, crayons, markers, storage and organization items. (more...)
Where to get free ice cream for National Ice Cream Day! Where to get free ice cream for National Ice Cream Day!
- July 16, 2018

Sunday is National Ice Cream Day and restaurants across the nation are celebrating with discounted desserts. While we suspect some collusion led to this, we're fine with it. Snow Monkey: Get 25 percent off online orders of the superfood ice cream alternative Sunday with code ISCREAM25. WHOLE FOODS MARKET: Get two of any Ben & Jerry's or Talenti pints for $6. (more...)
Crude oil prices fell slightly, ending second consecutive week on red Crude oil prices fell slightly, ending second consecutive week on red
- July 16, 2018

An oil well pump jack is seen at an oil field supply yard near Denver, Colorado, U.S., February 2, 2015. He could also add that the United States is in the process of ramping up US natural gas LNG exports to rid the USA of a growing natural gas glut. (more...)
Expert Cave Diver Tells Elon Musk That His Submarine Sucked Expert Cave Diver Tells Elon Musk That His Submarine Sucked
- July 15, 2018

Unsworth, who lives in Thailand's Chiang Rai province, said that Musk was "asked to leave" the cave "very quickly", and that he "can stick his submarine where it hurts". They were found 200m from that spot. Doctors say the boys are in good health following a successful three-day operation which ended on July 10, when teams of Thai Navy SEALs and global cave diving experts hauled the last five members of the team to safety. (more...)
Pilots' strike achieved nothing, says Ryanair Pilots' strike achieved nothing, says Ryanair
- July 15, 2018

It is debatable whether yesterday's 11th hour talks could have made much difference as passengers had already dealt with the disruption. Some one hundred directly employed Ryanair pilots based in Ireland launched a 24-hour strike on Thursday after the airline's management failed to meet their demands during Wednesday talks. (more...)
Auckland punter places $100000 on France to win World Cup final
- July 15, 2018

He is two goals clear of Romelu Lukaku , who starts for Belgium after their 1-0 loss to France in Tuesday's first semi-final. Rakitic, who trained as a draughtsman, has played 70 games this season, 55 for Barcelona, and 15 for Croatia. (more...)
$7,500 federal tax credit for Tesla buyers to end December 31 $7,500 federal tax credit for Tesla buyers to end December 31
- July 15, 2018

According to a new schedule posted to its website, the US$7,500 tax credit will still be available - regardless of whether it's a Model S, X, or 3 - between now and the end of the year. Once that occurs we might see $35,000 Model 3's for sale. Amongst all the auto-manufacturers, Tesla is most largely affected as the electric vehicle giant has very less joint ventures within the country for manufacturing the cars locally and imports maximum percentage of its cars into the country. (more...)
Aunt to Nephew After $1.2 Million Lotto Win Aunt to Nephew After $1.2 Million Lotto Win
- July 15, 2018

In an interview Friday, Reddick said she was "not being greedy", saying she recently bought MacInnis a vehicle and helped pay some of his college expenses. "If there is a dispute between the winners, it should be resolved by the parties involved". Organizing committee spokeswoman Bernice Curley said the incident was unfortunate and is hopeful its unpleasant nature doesn't tarnish the image of the game or the Margaree area. (more...)
At Least 4 More States Report Infections Linked to Tainted McDonald's Salads At Least 4 More States Report Infections Linked to Tainted McDonald's Salads
- July 15, 2018

The Iowa and IL health departments said on Thursday that they were investigating Cyclospora infections linked to salads at McDonald's restaurants. Patients can be treated with antibiotics. In June, Del Monte, which distributes fruits and vegetables, recalled prepackaged Del Monte Fresh Produce vegetable trays, which contained broccoli, carrots, cauliflower, celery sticks and dill dip, from certain retailers, including Kwik Trip and Peapod, according to the CDC . (more...)
Binance backs Founders Bank, world's first decentralized bank in Malta Binance backs Founders Bank, world's first decentralized bank in Malta
- July 15, 2018

Malta is a small European island, whose leaders are making every attempt to bring the country on the crypto world and use it as a reference country in legal regulations attracting investors in FinTech and related industries. As for how the token sale will take place, Binance pronounced that it will be conducted following German regulations with a major exchange in Europe, which still remains hidden for the time being. (more...)
Belfast shoppers offered £12 Build-A-Bear voucher after promotion chaos Belfast shoppers offered £12 Build-A-Bear voucher after promotion chaos
- July 15, 2018

Didn't get a stuffed teddy during Build-A-Bear's promotion on Thursday? "First, I want to say that we are in the business of making sure kids have the best experience possible". It will also still honor the "pay-your-age" promotion during a child's birthday month. "There was really no way for us to have estimated those crowds". (more...)
[H]ardOCP: Opener Unveils First Ultralight Electric Personal VTOL Aircraft for US Market [H]ardOCP: Opener Unveils First Ultralight Electric Personal VTOL Aircraft for US Market
- July 15, 2018

BlackFly can travel for up to 25 miles (40km) at a speed of 62mph. Now, companies around the world are developing flying cars . Opener's chief executive Marcus Leng said the on-board controls offered "instant gratification". "When you press the thumb-stick to climb, you have absolute full control". When you stop in the middle of the air and go off the joystick, the aircraft freezes, ' Leng told CBS . (more...)
UK Takeover Panel sets £14 floor under Sky shares UK Takeover Panel sets £14 floor under Sky shares
- July 15, 2018

Sky could change hands for as much as £30 billion amid an escalating takeover battle for the European pay-TV group, analysts have predicted. The regulator said it had considered "the relative contribution of Fox's stake in Sky in the valuation work carried out by Disney's financial advisers" as well's Fox's most recent bid for the broadcaster when arriving at the £14 a share price. (more...)
Robinhood Adds Bitcoin Cash & Litecoin Trading, Will Support Crypto Transfers Robinhood Adds Bitcoin Cash & Litecoin Trading, Will Support Crypto Transfers
- July 15, 2018

Aside from Bitcoin BCH , LTC and SegWit BTC, the Robhinhood Crypto also supports Ethereum , Ethereum Classic, Monero, Zcash, Bitcoin Gold, Dash, Ripple, Stellar, Qtum, NEO, Lisk, Dogecoin and OmiseGo. Robinhood says it topped 5 million users across the entire Robinhood platform, helped by " significant momentum generated over the last several months with the introduction of Options and Crypto ". (more...)
Ivanka Trump brand pulled from Hudson’s Bay due to ‘performance’ Ivanka Trump brand pulled from Hudson’s Bay due to ‘performance’
- July 15, 2018

Hudson Bay's decision came after a poll showed 70 percent of Canadians say they will avoid buying USA -made products after Trump launched a trade war against the American ally and neighbor. In recent months, #GrabYourWallet has gained steam once again in light of the Trump administration's immigration policy that saw thousands of migrants separated from their children at the border, in addition to tense trade disputes with countries including Canada. (more...)

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