Both sides claim Brexit progress but Irish border unresolved

In terms of the prickly issue of the Irish border, Barnier sent out a clear warning to the UK. Asked for the odds he would give on a deal being reached, the Brexit secretary said he was a negotiator - "not a gambling man". The UK Government insists... More..

by | Published more than a month ago
Santa Monica Picks Bird, Lyft, Lime, JUMP For Electric Scooter Program
by | Sunday, September 02, 2018

Santa Monica Picks Bird, Lyft, Lime, JUMP For Electric Scooter Program

Then, companies can begin launching their scooters. That Uber and Lyft were passed over for permits isn't totally surprising, given the contentious history between them and the city. Virginia Beach City L...More..

Why Ford is Cancelling Plans to Import Focus Active from China
by | Sunday, September 02, 2018

Why Ford is Cancelling Plans to Import Focus Active from China

The automaker announced the decision on Friday, saying that the previously imposed tariffs on Chinese products - and the prospect of more in the future - are likely to hit the company's bottom line. Ford has ...More..

Transit delay: London's Crossrail won't open until fall 2019
by | Sunday, September 02, 2018

Transit delay: London's Crossrail won't open until fall 2019

The decade-long construction project has also been one of London's biggest archaeological digs, uncovering everything from 68,000-year-old mammoth bones to the remains of a Tudor manor house and the skeletons o...More..

Japan's Panasonic to move European headquarters to Amsterdam in October: Nikkei
by | Sunday, September 02, 2018

Japan's Panasonic to move European headquarters to Amsterdam in October: Nikkei

Panasonic, the £55 billion ($71 billion) Japanese electronics giant, has announced plans to move its European headquarters out of the United Kingdom as Brexit uncertainty continues to weigh on the minds of majo...More..

by | Sunday, September 02, 2018

Trump says 'no political necessity' to keep Canada in NAFTA

Congress would have to approve any agreement. "The U.S. lost thousands of businesses and millions of jobs", President Trump wrote . Canadian Minister of Foreign Affairs Chrystia Freeland also confirmed tra...More..

India among five countries shortlisted to host Uber's flying taxis
by | Sunday, September 02, 2018

India among five countries shortlisted to host Uber's flying taxis

According to a statement from the company, after evaluating countries across the globe, Uber announced at the Uber Elevate Asia Pacific Expo that Japan , India , Australia , Brazila and France are in the...More..

Trump cancels pay raises for federal employees
by | Sunday, September 02, 2018

Trump cancels pay raises for federal employees

At the same time, Trump planned during a Friday appearance in Charlotte, North Carolina, to direct the Labor and Treasury departments to issue regulations created to make it easier for small businesses to pool ...More..

CBOE Close to Launching Ethereum Futures
by | Saturday, September 01, 2018

CBOE Close to Launching Ethereum Futures

After the launch of futures in Bitcoin , this cryptocurrency began a bearish streak from which it has not been able to recover, however, the increased exposure to traditional markets is a favorable opportuni...More..

KFC Wants You to Name Your Newborn After Colonel Sanders
by | Saturday, September 01, 2018

KFC Wants You to Name Your Newborn After Colonel Sanders

EST. Because of KFC's 11 herbs and spices, of course. The fast food chain has launched a $11,000 giveaway for the first baby born on September 9 who is named Harland. Harland is a name on the decline, ranki...More..

Google is secretly tracking what you buy offline using Mastercard cards
by | Saturday, September 01, 2018

Google is secretly tracking what you buy offline using Mastercard cards

According to anonymous tipsters speaking with Bloomberg , Google has had discussions with other credit card companies about partnerships, and ad agencies have approached Google about tracking even more offl...More..

U.S., Canada make late-night push for NAFTA; no deal yet
by | Saturday, September 01, 2018

U.S., Canada make late-night push for NAFTA; no deal yet

The new trade deal between the USA and Mexico mostly makes revisions on auto, intellectual property and agriculture. The current level is 62.5% and under the new accord, that rises to 75%. She said the disc...More..

Q1 GDP growth, income tax returns, IPPB launch, and more
by | Saturday, September 01, 2018

Q1 GDP growth, income tax returns, IPPB launch, and more

A worker pushes a wheelbarrow to collect cement at a construction site of a residential building in Mumbai , India, August 31, 2018. Growth in these sectors has increased by 15.3 and 6.9 percentage points resp...More..

NAFTA deadline extended until 'good deal' for Canada has been reached
by | Saturday, September 01, 2018

NAFTA deadline extended until 'good deal' for Canada has been reached

President Donald Trump on Friday attacked Bloomberg News reporters for allegedly leaking out his comments that blatantly insulted the Canadian government. Jesus Seade Kuri, the chief trade negotiator in the ...More..

VENEZUELA CRUMBLES: Maduro Tells Migrants to 'STOP CLEANING TOILETS' Abroad, Return Home
by | Saturday, September 01, 2018

VENEZUELA CRUMBLES: Maduro Tells Migrants to 'STOP CLEANING TOILETS' Abroad, Return Home

The demonstrations forced many immigrants to flee back across the frontier to their crisis-striken country. He also branded Venezuela's crisis as "tragic", saying it "threatens the harmony of practically the en...More..

Ford cancels SUV that it planned to import from China
by | Saturday, September 01, 2018

Ford cancels SUV that it planned to import from China

Ford told Automotive News that even if the tariffs were retracted, the company wouldn't change course and import the Active. Fewer than 50,000 were planned to be sold. The company is involved in a global rest...More..

Tencent's Value Falls $20B Due to New Chinese Gaming Regulations
by | Saturday, September 01, 2018

Tencent's Value Falls $20B Due to New Chinese Gaming Regulations

There has been a gathering sense that the Chinese government would impose restrictions on video gaming , much as it has with other online content. No specifics or timeframe were given. No new titles for dome...More..

Rupee Closes At All-Time Low Of 71 Against Dollar
by | Friday, August 31, 2018

Rupee Closes At All-Time Low Of 71 Against Dollar

The decline this week is said to be the result of an increase in the demand for dollars, which typically rises towards the end of every month as importers need to pay their bills. "High crude oil prices have ...More..

EU official wants to do away with winter-summer time change
by | Friday, August 31, 2018

EU official wants to do away with winter-summer time change

It remains unclear whether Britain and Northern Ireland would be subject to the legislation post-Brexit. The proposal has prompted concern about a "time border" on the island of Ireland after Brexit - with B...More..

Trade panel rejects newsprint tariffs
by | Friday, August 31, 2018

Trade panel rejects newsprint tariffs

He said, however, that the tariffs were "inflationary kerosene" on an already tight market. "But eliminating the tariffs is helpful". The tariffs were imposed by the Commerce Department earlier this year fo...More..

Argentina’s Central Bank Lifts Policy Rate to 60%
by | Friday, August 31, 2018

Argentina’s Central Bank Lifts Policy Rate to 60%

Read the full report at CNBC . Instead, Macri's admission that there was a "lack of confidence in the markets" about Argentina's ability to finance its deficit next year sowed panic among investors. Rising U...More..

President Trump threatens to withdraw United States from WTO
by | Friday, August 31, 2018

President Trump threatens to withdraw United States from WTO

Trump has already disrupted global trade by imposing tariffs on partners like the European Union, Mexico, Canada, and China , and pulling the United States out of the WTO could cause further uncertainty. "Yo...More..

England looks set to ban the sale of energy drinks to children
by | Friday, August 31, 2018

England looks set to ban the sale of energy drinks to children

Campaigners are demanding that the government review how brands such as Monster, Red Bull and Carabao, market their products after the prime minister announced plans to ban sales to children. Ministers first ...More..

by | Friday, August 31, 2018

Q1FY19 GDP beats estimates, grows at 8.2 percent

It easily surpassed the 6.7 percent growth posted by China for the same quarter, and it restored India's growth to levels posted by the Congress governments during the decade before Modi's Hindu nationalist Bha...More..

Coca-Cola to acquire Costa Coffee for €4.3bn
by | Friday, August 31, 2018

Coca-Cola to acquire Costa Coffee for €4.3bn

The company was one of the few big coffee chains up for sale after Nestle and the Reimann family's investment company JAB both went on an acquisition spree in the segment. The Press Association reported in May ...More..

Maker of James Bond's favorite sports auto eyes stock market
by | Friday, August 31, 2018

Maker of James Bond's favorite sports auto eyes stock market

While Britain has a strong auto manufacturing industry, the brands have fallen into foreign ownership over recent decades, with Germany's BMW buying Rolls-Royce and Mini, Volkswagen taking control of Bentley - ...More..

by | Friday, August 31, 2018

Panasonic to move headquarters out of Britain before Brexit

The aim is to avoid potential tax issues linked to the UK's decision to leave the European Union, said Panasonic Europe's chief executive Laurent Abadie. In 2016, the government pledged to cut corporation tax...More..

by | Friday, August 31, 2018

Argentina now has highest interest rate in the world

It was worth around 18 to the dollar at the start of the year. The dollar index rose 0.07 per cent, with the euro down 0.29 per cent to $US1.1672. International Monetary Fund chief Christine Lagarde said on...More..

Trump cancels pay raise for federal workers
by | Friday, August 31, 2018

Trump cancels pay raise for federal workers

Trump also stated the pay increase would amount to over $25 billion, which he called "inappropriate". An across-the-board 2.1% pay increase for federal workers was slated to take effect in January. Barack Oba...More..

Dyson Moves Ahead on $2.6 Billion E-Car Plan with Test Center
by | Friday, August 31, 2018

Dyson Moves Ahead on $2.6 Billion E-Car Plan with Test Center

The company already has a 400-strong team of engineers working on the auto project in Malmesbury, Wiltshire. Dyson has been keeping a pretty tight lid on their electric vehicle plans , but the company has a...More..