Business


Australia's Crown Resorts sues government over bridge, Opera House views Australia's Crown Resorts sues government over bridge, Opera House views
- August 12, 2018

However, the project could ruin the view of Crown Sydney's gambling and entertainment hub project to the iconic city's Harbour Bridge and the iconic Opera House. The complex is to feature 350 hotel rooms, luxury apartments, dining areas, as well as VIP-only gaming floors. As reported by 9Finance, a spokesperson for the New South Wales Government's agency revealed that the BDA intends to defend its position in the NSW Supreme Court. (more...)
High purity hydrogen powered cars: potential Australian boom export High purity hydrogen powered cars: potential Australian boom export
- August 11, 2018

Two hydrogen powered cars using ultra-high purity hydrogen were tested in Queensland yesterday with impressive results. The CSIRO principal research scientist named Michael Dolan expressed his excitement and said that he is very excited for the project which took a decade for them to make . (more...)
Crocs Shoemaker is Closing its Remaining Manufacturing Facilities Crocs Shoemaker is Closing its Remaining Manufacturing Facilities
- August 11, 2018

Fans of those famous foam-clog shoes, however, have no reason to worry about the company folding anytime soon. The company announced the outsourcing of additional manufacturing and the closure of a distribution facility in Mexico while reporting a second-quarter profit of $30.4 million, or 35 cents per share. (more...)
David Eby expected to announce changes to ICBC rates David Eby expected to announce changes to ICBC rates
- August 11, 2018

Attorney General David Eby announced that these changes will modernize the way premiums are calculated; however, the changes must be approved by the BCUC. It said 17 per cent of drivers would see an increase of more than $100. Customers would have to list all the drivers who may operate the vehicle, and the experience and crash history of each driver would be taken into account in the premium. (more...)
Neo-Nazi turned Muslim Lewis Ludlow admits Oxford Street terror plot Neo-Nazi turned Muslim Lewis Ludlow admits Oxford Street terror plot
- August 11, 2018

The paper scraps revealed "potential attack sites" including "madam tussauds", "Oxford Street - busiest time...", "St Paul's cathedral" and a "Shia temple in Romford". That charge will remain on file. In 2015, pro-Isis propaganda was found on an electronic device belonging to Ludlow, but no action was taken. But officers searching his home found he was in communication with a man named Abu Yaqeen in an area with a major IS presence. (more...)
China set to respond to new round of U.S. tariffs China set to respond to new round of U.S. tariffs
- August 11, 2018

While the USA published its final list of goods subject to the new tariffs on Tuesday, China's final list revealed on Wednesday differs from an earlier draft announced back in June. However, the spot LNG market - which has been growing steadily - will be hit. Trump always claimed it was easy to win a trade war and insisted last weekend on social media that his tariffs were "working big time". (more...)
'Nuclear attack': Investors sue Musk over 'misleading' tweet on making Tesla private 'Nuclear attack': Investors sue Musk over 'misleading' tweet on making Tesla private
- August 11, 2018

The board is said to be interested in that information, obviously, since funding must be secure if Elon's buyout, which could cost $70 billion, is to happen. I would consider this a given that he would not give up any sort of control. According to estimates from Jeffrey Nassof, a director at Freeman Consulting Services, banks advising Tesla could make US$90 million to US$120 million in fees, while advisers to Musk could take home US$30 million to US$50 million. (more...)
Trump's decision to double tariffs on Turkey 'brutal' Trump's decision to double tariffs on Turkey 'brutal'
- August 11, 2018

Economist Chad Bown, who specialises in trade issues, said Turkey accounted for just over four percent of U.S. steel imports in 2017, but a very small fraction of the aluminum brought into the country. Today, he told Turks they had nothing to fear, adding that the fall was due to "campaigns" against the country. Inflation increased 16 percent in July, and Erdogan has insisted that interest rates not increase. (more...)
Geely considering a US$1.9 billion investment in Lotus Geely considering a US$1.9 billion investment in Lotus
- August 11, 2018

Calls to the office phone line of privately held Etika Automotive weren't answered. Geely also acquired Volvo in 2010 and has put in more than US$ 11 billion for its revamp. The Chinese automaker is hoping to build Lotus as a luxury nameplate that competes with Porsche and Ferrari. After the acquisition, Li said the priority will be to make Proton and Lotus profitable and to sustain growth while embracing new technology trends of electrification and artificial intelligence. (more...)
Tesla shares fall, wiping out tweet-fuelled rally in just two days Tesla shares fall, wiping out tweet-fuelled rally in just two days
- August 11, 2018

Institutions negotiate a set price for the stock with SpaceX based on criteria such as the rocket company's financial performance and market conditions, Prasad said. "If (Musk's) motive was frustration with short sellers, then that could be a case of market manipulation", Coffee said. Nearly everything about the deal is outlandish, from Musk's out-of-the-blue disclosure in a nine-word tweet to the assertion that he has lined up adequate financing to a buy a company that seems to burn ... (more...)
Crocs to close remaining manufacturing facilities; executive to resign Crocs to close remaining manufacturing facilities; executive to resign
- August 11, 2018

Carrie Teffner, Executive Vice President and Chief Financial Officer, will leave Crocs on April 1, 2019. Crocs recently closed 28 retail sales locations, and there are now less than 400 locations globally. Crocs shares were trading at $18.70 at mid-day Thursday, compared to $8.50 on August 9, 2017. Share prices more-than tripled between May last year and June this year, and while values have tapered off since, the company seems intent on chasing further growth. (more...)
Mexico NAFTA talks drag on as autos sticking points emerge Mexico NAFTA talks drag on as autos sticking points emerge
- August 11, 2018

Canada would have to wait on a trade deal due to "tariffs and trade barriers" but the U.S.is making progress with Mexico, President Donald Trump tweeted Friday night. Earlier Friday, U.S. officials met Mexican counterparts in Washington to resolve. The U.S. and Mexican governments have both expressed optimism the entire NAFTA deal could be concluded before the end of the month. (more...)
Monsanto ordered to pay $289m damages in Roundup cancer trial Monsanto ordered to pay $289m damages in Roundup cancer trial
- August 11, 2018

Following eight weeks of trial proceedings , the San Francisco jury ordered Monsanto to pay $250m punitive damages, along with compensatory damages and other costs, bringing the total figure to almost $290m. He sprayed large quantities from a 50-gallon (about 3.8 litres) tank attached to a truck, and during gusty winds, the product would cover his face, said Brent Wisner, one of his attorneys. (more...)
Airline Employee Crashes Empty Plane After Unauthorized Takeoff From Seattle Airport Airline Employee Crashes Empty Plane After Unauthorized Takeoff From Seattle Airport
- August 11, 2018

Flight were delayed but normal operations have since resumed at Sea-Tac Airport. Alaska Airlines confirmed that a Horizon Air Q400 was involved in an "unauthorized take-off" in a tweet. The air traffic controller can also be heard trying to talk him into landing. Authorities say that this is not an incident of terrorism. Just a broken guy, got a few screws loose I guess. (more...)
European banks plummet amid fears of exposure to Turkish debt
- August 11, 2018

President Donald Trump administration announced that it would higher the tariffs on Turkish steel and aluminum over the detainment of American evangelical pastor Andrew Brunson , who was arrested in 2016. The lira's slide came after a US delegation from Washington, D.C., left Turkey without making progress toward the release of Andrew Brunson, an American pastor detained by Erdoğan's government since 2016. (more...)
Trump praises Mexico, threatens Canada with auto tariffs via Twitter Trump praises Mexico, threatens Canada with auto tariffs via Twitter
- August 11, 2018

Canada, however, has yet to return to the NAFTA table this summer. He added that any deal with Mexico must take care of American autoworkers and farmers, but he praised the new Mexican president, calling him "an absolute gentleman". Trade Representative Robert Lighthizer and Mexican Economy Minister Ildefonso Guajardo ended with bilateral work still to be done. Guajardo said that once bilateral U.S. (more...)
Former Head of Telsa Model 3 Production Doug Field Returns to Apple Former Head of Telsa Model 3 Production Doug Field Returns to Apple
- August 11, 2018

An Apple statement to Tech Crunch confirmed that Field is back with the company, but did not explain his role. Only this time Field isn't working on Mac hardware-he's now on Apple's Project Titan vehicle team. Although Apple does sit on an enormous pile of cash (some $158.8bn in April), nothing in the record, or in even the rumour mill, remotely suggests that Apple is building a "self-driving" or autonomous auto (very 2014). (more...)
Texas woman getting makeup tutorial requests following mugshot for marijuana arrest
- August 11, 2018

A Texas woman arrested earlier this year for possession of marijuana has become something of a makeup icon after her glamorous arrest photo was posted to Twitter last month. What the teen didn't expect was her mugshot to get re-posted by a Twitter account that specializes in images of attractive people under arrest. "Free her!" which received 280,000 likes as of Thursday. (more...)
Former Nike executives sue over discrimination, sexual harassment Former Nike executives sue over discrimination, sexual harassment
- August 11, 2018

The 40-page court document filed in Nike's home state of OR details the experiences of several senior executives who worked for the sporting goods manufacturer for many years, and are asking other women to join the class action suit. The lawsuit also claimed Nike has a sexual harassment problem. When she reported the incident, one of the directors allegedly responded that "she should be less sensitive to these messages, and that people should expect more such messages". (more...)
Trump doubles steel and aluminum tariffs on Turkey Trump doubles steel and aluminum tariffs on Turkey
- August 11, 2018

He added, America's current relationship with Turkey is on a downward spiral. U.S. -Turkish tensions began to escalate last week, with Trump targeting two Turkish ministers with sanctions over the detention of U.S. The president, who says a shadowy "interest rate lobby" and Western credit ratings agencies are attempting to bring down Turkey's economy, appealed to his countrymen's patriotism. (more...)
Canada’s PM: We will not apologise to Saudi Arabia Canada’s PM: We will not apologise to Saudi Arabia
- August 11, 2018

The Pakistani Foreign Ministry statement said it was concerned and is closely following the crisis between the Kingdom and Canada and confirms its solidarity with Saudi Arabia. But on Wednesday, Mr. Trudeau stood firm. This came following the Canadian Foreign Minister Chrystia Freeland's call on Riyadh to release the so-called "civil society activists" who were arrested in the Kingdom. (more...)
Trump doubles tariffs on Turkish steel and aluminum, says relations 'not good'
- August 11, 2018

Waves from the crisis spread overseas, with investors selling off shares in European banks with large exposure to the Turkish economy. One U.S. dollar traded at 5.96 lira by 2:15 p.m. businesses. The Turkish lira has lost 13 per cent of its value against the dollar since midnight, pushing the battered currency further into crisis. (more...)
Bitcoin and cryptos hit as SEC stalls on ETF decision Bitcoin and cryptos hit as SEC stalls on ETF decision
- August 10, 2018

According to other analysts, bitcoin's long-term success is tied to the approval of ETFs and is the only catalyst that can push prices to their all-time high of $20,000 and possibly beyond. This is the company's third attempt to get a bitcoin ETF through the SEC's door, and the group has consistently shown that it is either completely unaware of what to do, or simply isn't interested. (more...)
Bitcoin, Ethereum and Ripple - how will they perform in the future? Bitcoin, Ethereum and Ripple - how will they perform in the future?
- August 10, 2018

The price for one XLM was Dollars 0.22. Bitcoin's continued price fall may not be over as the original cryptocurrency hovers just below the $7,000 mark. There was even a break below the $350 support and a new monthly low was formed at $346. There was also a spike above the 23.6% Fib retracement level of the last drop from the $414 high to $346 low. (more...)
IKEA opens country’s first store in Hyderabad IKEA opens country’s first store in Hyderabad
- August 10, 2018

Swedish home furnishings giant Ikea witnessed huge response from customers yesterday as over 40,000 people visited Ikea's first store in India in Hyderabad on the launch day. "We found love for homes is very big in India". We did not know this. "We met and interacted with 1,000 Indian families to understand what were their dreams, their frustrations and what they want". (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 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154 155 156 157 158 159 160 161 162 163 164 165 166 167 168 169 170 171 172 173 174 175 176 177 178 179 180 181 182 183 184 185 186 187 188 189 190 191 192 193 194 195 196 197 198 199 200 201 202 203 204 205 206 207 208 209 210 211 212 213 214 215 216 217 218 219 220 221 222 223 224 225 226 227 228 229 230 231 232 233 234 235 236 237 238 239 240 241 242 243 244 245 246 247 248 249 250 251 252 253 254 255 256 257 258 259 260 261 262 263 264 265 266 267 268 269 270 271 272 273 274 275 276 277 278 279 280 281 282 283 284 285 286 287 288 289 290 291 292 293 294 295 296 297 298 299 300 301 302 303 304 305 306 307 308 309 310 311 312 313 314 315 316 317 318 319 320 321 322 323 324 325 326 327 328 329 330 331 332 333 334 335 336 337 338 339 340 341 342 343 344 345 346 347 348 349 350 351 352 353 354 355 356 357 358 359 360 361 362 363 364 365 366 367 368 369 370 371 372 373 374 375 376 377 378 379 380 381 382 383 384 385 386 387 388 389 390 391 392 393 394 395 396 397 398 399 400 401 402 403 404 405 406 407 408 409 410 411 412 413 414 415 416 417 418 419 420 421 422 423 424 425 426 427 428 429 430 431 432 433 434 435 436 437 438 439 440 441 442 443 444 445 446 447 448 449 450 451 452 453 454 455 456 457 458 459 460 461 462 463 464 465 466 467 468 469 470 471 472 473 474 475 476 477 478 479 480 481 482 483 484 485 486 487 488 489 490 491 492 493 494 495 496 497 498 499 500 501 502 503 504 505 506 507 508 509 510 511 512 513 514 515 516 517 518 519 520 521 522 523 524 525 526 527 528 529 530 531 532 533 534 535 536 537 538 539 540 541 542 543 544 545 546 547 548 549 550 551 552 553 554 555 556 557 558 559 560 561 562 563 564 565 566 567 568 569 570 571 572 573 574 575 576 577 578 579 580 581 582 583 584 585 586 587 588 589 590 591 592 593 594 595 596 597 598 599 600 601 602 603 604 605 606 607 608 609 610 611 612 613 614 615 616 617 618 619 620 621 622 623 624 625 626 627 628 629 630 631 632 633 634 635 636 637 638 639 640 641 642 643 644 645 646 647 648 649 650 651 652 653 654 655 656 657 658 659 660 661 662 663 664 665 666 667 668 669 670 671 672 673 674 675 676 677 678 679 680 681 682 683 684 685 686 687 688 689 690 691 692 693 694 695 696 697 698 699 700 701 702 703 704 705 706 707 708 709 710 711 712 713 714 715 716 717 718 719 720 721 722 723 724 725 726 727 728 729 730 731 732 733 734 735 736 737 738 739 740 741 742 743 744 745 746 747 748 749 750 751 752 753 754 755 756 757 758 759 760 761 762 763 764 765 766 767 768 769 770 771 772 773 774 775 776 777 778 779 780 781 782 783 784 785 786 next »