Business


France's Total gas giant has officially left Iran, oil minister says France's Total gas giant has officially left Iran, oil minister says
- August 20, 2018

Reuters quoted unknown sources as saying that Chinese buyers of Iranian oil had created mechanisms to use the ships of the National Iranian Tanker Company (NITC) for almost all of their imports to keep supply flowing amid the re-imposition of United States sanctions. (more...)
Contact Lenses Not Biodegradable, Fragments Found in Water Contact Lenses Not Biodegradable, Fragments Found in Water
- August 20, 2018

As a result, they end up in USA wastewater - and all those plastic, in turn, end up contributing to microplastic pollution now clogging up waterways , which eventually makes its way to the food chain. In addition, "It's been documented that organisms that ingest plastic have a lower propensity to feed because they already feel full". These bonds had been slightly, but noticeably weakened, indicating that the lens was on the road to disintegration. (more...)
White House rejects Turkey's offer on detained pastor White House rejects Turkey's offer on detained pastor
- August 20, 2018

The White House rejected Turkey's offer to release detained American pastor Andrew Brunson in exchange for the US dropping an investigation into Turkish bank Halkbank, a senior White House official told the Wall Street Journal on Sunday. "They were not able to make us collapse and they will never be". Turkey's president has said his country will stand strong against an "attempted economic coup" amid heightened tensions with the US. (more...)
Whiteboards used as Gatwick flight information screens fail Whiteboards used as Gatwick flight information screens fail
- August 20, 2018

Edmund von der Burg/TwitterStaff at Gatwick Airport had to write out flight departure information on whiteboards after the screens stopped working. A spokesman said: "Due to an ongoing issue with Vodafone , a provider of IT services for Gatwick, flight information is not being displayed correctly on the airport's digital screens and is now being displayed manually in the terminals". (more...)
PepsiCo buys fizzy drinks maker SodaStream for $3.2bn PepsiCo buys fizzy drinks maker SodaStream for $3.2bn
- August 20, 2018

The purchase will probably be the last big move by Nooyi, who said this month she's stepping down as head of the beverage company after 12 years in the job. SodaStream sells machines used with compatible carbon dioxide capsules and optional flavoured syrups, and its success in locking in customers allowed it to recently raise its full-year outlook. (more...)
Amid Tensions, Gunshots Fired At US Embassy In Turkey, No Casualties Amid Tensions, Gunshots Fired At US Embassy In Turkey, No Casualties
- August 20, 2018

It said one bullet hit a window but no one was hurt, and police were searching for the vehicle and suspects. United States embassy spokesman David Gainer confirmed to AFP that a "security incident" had taken place. The diplomatic standoff has sent the Turkish currency into freefall against the dollar, with President Recep Tayyip Erdoğan vowing to emerge victorious from the crisis. (more...)
Economy transformed under Modi, Cong creating mirage of growth: BJP Economy transformed under Modi, Cong creating mirage of growth: BJP
- August 20, 2018

All three have suffered under the government of Shri Narendra Modi . He alleged that since the advent of the BJP-led NDA government in May 2014, there has been a determined effort to run down the record of the two UPA governments from 2004 to 2014. (more...)
TSX climbs, as inflation report helps boost loonie TSX climbs, as inflation report helps boost loonie
- August 20, 2018

Canada's inflation rate rose to its highest level since 2011 last month, as higher prices for airplane tickets, tourism and gasoline pushed the rate to three per cent. Reitzes expects the central bank to keep its key interest rate target on hold at its September 5 announcement, but foresees a raise in October. This one month number hasn't made a trend, says Benjamin Reitzes, Canadian rates and macro strategist at the Bank of Montreal, and core inflation remains stable. (more...)
North America: The State of NAFTA Talks, One Year Later North America: The State of NAFTA Talks, One Year Later
- August 20, 2018

U.S. Trade Representative Robert Lighthizer on Thursday expressed hope a breakthrough could be made in coming days on reworking the NAFTA trade deal, though his Mexican counterpart said flexibility was needed to reach agreement . Trump said on Thursday, 'I'm in no rush. Guajardo also sounded an optimistic note Friday, where he wrapped up his fourth straight week of discussions with Lighthizer. (more...)
Can Twitter change its 'core' and remain Twitter? Can Twitter change its 'core' and remain Twitter?
- August 19, 2018

Twitter had resisted the move despite public pressure, but the holdout lasted less than two weeks. Dorsey said he believes the suspension can be effective and is consistent with the company's policies. As of Wednesday, the tweet has disappeared from his account. Oscar CEO Mario Schlosser says the funds will help the company expand beyond the individual healthcare exchanges and small employer markets and into the Medicare Advantage market that cares for people 65 and older. (more...)
Coles Supermarkets Closed Thanks To Australia-Wide Register Outage Coles Supermarkets Closed Thanks To Australia-Wide Register Outage
- August 19, 2018

Supermarket chain Coles is known for its catchy slogan (watch above) in its advertising material: "Down, down, prices are down". It explained that due to "circumstances beyond their control", the stores could not open. Frustrated shoppers took to social media after turning up to do their groceries, only to find a note taped to the front doors. "We apologise for any inconvenience caused". (more...)
Tesla takes Ontario government to court over vehicle rebates Tesla takes Ontario government to court over vehicle rebates
- August 19, 2018

Customers who ordered their auto before July can still benefit from the program until mid-September - except for hundreds of Tesla customers, according to the firm. However, Matthew Cheung of Mississauga, Ont., said the Tesla he helped his father order in June has already been cancelled because it would not have been affordable without the rebate. (more...)
House of Fraser cancels online orders, offers refund House of Fraser cancels online orders, offers refund
- August 19, 2018

House of Fraser has told over 1,000 suppliers it will not pay money owed before 10 August, when Sports Direct bought the chain out of administration. Beleaguered British department store House of Fraser is cancelling all online orders and will be refunding thousands of customers potentially millions of pounds after a dispute with its warehouse operator held up deliveries. (more...)
Tesla stock takes a knock after Elon Musk's New York Times interview Tesla stock takes a knock after Elon Musk's New York Times interview
- August 19, 2018

A couple of years ago, Tesla approached Facebook executive Sheryl Sandberg about the job, Mr Musk told the newspaper, but added that no active search is taking place now "to the best of my knowledge". He attributed a lot of his stress to short-sellers who bet against Tesla's stock, saying he's preparing himself for "at least a few months of extreme torture from the short-sellers, who are desperately pushing a narrative that will possibly result in Tesla's destruction". (more...)
Pai Grilled Over DDoS Attack Claim Pai Grilled Over DDoS Attack Claim
- August 19, 2018

It will mark Pai's first appearance in front of members of Congress since the FCC inspector general released a report concluding the agency "misrepresented facts and provided misleading responses to Congressional inquiries" related to an alleged cyberattack. (more...)
Turkey liquidating USA treasuries Turkey liquidating USA treasuries
- August 18, 2018

Note that total Treasury holdings were as high as $108.7 billion in May 2017, and $171.1 billion in October 2012. June's $18.45 billion drop in Japan's US bond holdings marked the steepest monthly decrease since December. Meanwhile, foreign investors unloaded $27.033 billion in US equities in June, following $26.58 billion in sales in May, Treasury data showed. Foreign investors became net sellers of Treasuries in June, dumping $48.57 billion. (more...)
SEC subpoenas Tesla about CEO's buyout plans SEC subpoenas Tesla about CEO's buyout plans
- August 18, 2018

The billionaire CEO of electric auto manufacturer Tesla, Elon Musk , would likely need clearance from United States national security officials for any proposal to take the firm private, according to reports. Tesla may face potential regulatory challenges beyond the SEC investigation. The electric vehicle company CEO blurted out on Twitter last week that he plans to buy back Tesla from shareholders. (more...)
WA jobless rate falls to six-month low WA jobless rate falls to six-month low
- August 18, 2018

The overall participation rate, which measures the number of people in work or looking for it, fell in July, accounting for the drop in the jobless rate. Australia's jobs market has remained solid this year, even as it cools from 2017's record run of full-time hiring. Markets imply scant chance of a move until 2020, with interbank futures only showing a 50-50 chance of a hike by Christmas next year. (more...)
Stocks flat as Turkey worries offset U.S.-China trade talks Stocks flat as Turkey worries offset U.S.-China trade talks
- August 18, 2018

Turkey's currency, the lira, has plummeted after the two nations imposed tariffs on one another's goods. Memories of past emerging market crises, such as the Asian financial crisis of 1997 and Turkey's 2001 crisis, came back to haunt investors this week and prompted a wave of selling across emerging market assets as a whole. (more...)
Trump Directs SEC to Study Six-Month Reporting for Public Companies Trump Directs SEC to Study Six-Month Reporting for Public Companies
- August 18, 2018

The idea came from an unnamed "top business leader", Mr. Trump wrote, although the idea has been bandied around for decades. Switching to a six-monthly reporting system would "allow greater flexibility and save money", Mr Trump said. Buffett in a widely shared op-ed published by the Wall Street Journal in June. President Trump has instructed the American markets watchdog to investigate ending the quarterly reporting requirement for public companies that has been in place for almost 50 ... (more...)
Nvidia Stock Drops 6% as Cryptocurrency Miner-Related GPU Demand Dries Up Nvidia Stock Drops 6% as Cryptocurrency Miner-Related GPU Demand Dries Up
- August 17, 2018

However, looking beneath the surface we learned that the " crypto gold rush is over ", which has impacted both these new results and projections for Q3. Earlier this week, Huang unveiled a new more powerful chip architecture that he said will help Nvidia gain more share in computer intensive industries such as movie special effects and automotive design. (more...)
No Canadians: Air France unions insist on a French CEO No Canadians: Air France unions insist on a French CEO
- August 17, 2018

Air France-KLM shares fell 4 percent and were among the worst-performing stocks on Paris' SBF-120 .SBF120 index. Air France shares have plunged more than 35 percent since the start of the year, although they have stabilised since Janaillac's departure. (more...)
The Turkish lira tumbles to 5.86 over threat of more USA sanctions The Turkish lira tumbles to 5.86 over threat of more USA sanctions
- August 17, 2018

Brunson has now found himself in the middle of a diplomatic spat between the two countries, with US President Donald Trump authorizing new tariffs on steel an aluminium last week to put pressure on Ankara . Turkey has proven a key ally for Qatar over the past year, helping the tiny Gulf nation ride out a more than 14-month blockade by its powerful neighbors, including Saudi Arabia, with which it shares its only land border. (more...)
Crews remove major rubble 3 days after Italy bridge collapse Crews remove major rubble 3 days after Italy bridge collapse
- August 17, 2018

Rescuers hope the large chunks of debris may have created a "triangle of survival" when they fell where someone could still be alive, he said. About 600 people have had to leave their homes which sit below the remaining spans of the bridge, for fear of further collapse. (more...)
Qatar promises $15 billion investment in Turkey
- August 17, 2018

Mr. Trump wrote in a tweet late Thursday: "We will pay nothing for the release of an innocent man, but we are cutting back on Turkey!" Analysts also said the political cost of the investment remained to be seen, given that Qatar is also a USA ally and dependent on Washington for both military and political protection. (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 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154 155 156 157 158 159 160 161 162 163 164 165 166 167 168 169 170 171 172 173 174 175 176 177 178 179 180 181 182 183 184 185 186 187 188 189 190 191 192 193 194 195 196 197 198 199 200 201 202 203 204 205 206 207 208 209 210 211 212 213 214 215 216 217 218 219 220 221 222 223 224 225 226 227 228 229 230 231 232 233 234 235 236 237 238 239 240 241 242 243 244 245 246 247 248 249 250 251 252 253 254 255 256 257 258 259 260 261 262 263 264 265 266 267 268 269 270 271 272 273 274 275 276 277 278 279 280 281 282 283 284 285 286 287 288 289 290 291 292 293 294 295 296 297 298 299 300 301 302 303 304 305 306 307 308 309 310 311 312 313 314 315 316 317 318 319 320 321 322 323 324 325 326 327 328 329 330 331 332 333 334 335 336 337 338 339 340 341 342 343 344 345 346 347 348 349 350 351 352 353 354 355 356 357 358 359 360 361 362 363 364 365 366 367 368 369 370 371 372 373 374 375 376 377 378 379 380 381 382 383 384 385 386 387 388 389 390 391 392 393 394 395 396 397 398 399 400 401 402 403 404 405 406 407 408 409 410 411 412 413 414 415 416 417 418 419 420 421 422 423 424 425 426 427 428 429 430 431 432 433 434 435 436 437 438 439 440 441 442 443 444 445 446 447 448 449 450 451 452 453 454 455 456 457 458 459 460 461 462 463 464 465 466 467 468 469 470 471 472 473 474 475 476 477 478 479 480 481 482 483 484 485 486 487 488 489 490 491 492 493 494 495 496 497 498 499 500 501 502 503 504 505 506 507 508 509 510 511 512 513 514 515 516 517 518 519 520 521 522 523 524 525 526 527 528 529 530 531 532 533 534 535 536 537 538 539 540 541 542 543 544 545 546 547 548 549 550 551 552 553 554 555 556 557 558 559 560 561 562 563 564 565 566 567 568 569 570 571 572 573 574 575 576 577 578 579 580 581 582 583 584 585 586 587 588 589 590 591 592 593 594 595 596 597 598 599 600 601 602 603 604 605 606 607 608 609 610 611 612 613 614 615 616 617 618 619 620 621 622 623 624 625 626 627 628 629 630 631 632 633 634 635 636 637 638 639 640 641 642 643 644 645 646 647 648 649 650 651 652 653 654 655 656 657 658 659 660 661 662 663 664 665 666 667 668 669 670 671 672 673 674 675 676 677 678 679 680 681 682 683 684 685 686 687 688 689 690 691 692 693 694 695 696 697 698 699 700 701 702 703 704 705 706 707 708 709 710 711 712 713 714 715 716 717 718 719 720 721 722 723 724 725 726 727 728 729 730 731 732 733 734 735 736 737 738 739 740 741 742 743 744 745 746 747 748 749 750 751 752 753 754 755 756 757 758 759 760 761 762 763 764 765 766 767 768 769 770 771 772 773 774 775 776 777 778 779 780 781 782 783 784 785 786 787 788 789 790 791 792 793 794 795 796 797 798 799 800 801 802 803 next »