Italian bond yields rise as deadline on budget plan looms

It had set yesterday as a deadline for Rome to respond to its objections. Within the Eurozone, the recommended debt-to-GDP ratio is 60 percent. Other critics of the government's proposed spending plan include Italy's Parliamentary Budget Office (UP... More..

by | Published more than a month ago
Sterling pinned near 10-day lows on Brexit uncertainty
by | Wednesday, November 14, 2018

Sterling pinned near 10-day lows on Brexit uncertainty

The pound has surged against the dollar and the euro amid growing optimism a Brexit deal is close to being agreed. Simon Derrick, head of currency research at Bank of New York Mellon pointed out that the po...More..

Oil down 2 percent after Trump urges OPEC not to cut supply
by | Wednesday, November 14, 2018

Oil down 2 percent after Trump urges OPEC not to cut supply

Futures for West Texas Intermediate fell 7.1 percent to $55.69 a barrel on the New York Mercantile Exchange. And, does oil stand a chance to make a comeback? The latest falls came after oil cartel Opec redu...More..

by | Wednesday, November 14, 2018

"Pink Legacy" diamond sells for more than $50M in new world record

Christie's, which had refused to reveal the name of the seller, said only four vivid pink diamonds or over 10 carats have ever been offered at auction. It was graded as "fancy vivid" - the highest level of colo...More..

Pilots unions criticise Boeing for withholding safety information
by | Wednesday, November 14, 2018

Pilots unions criticise Boeing for withholding safety information

Commercial airline pilots at Southwest Airlines and American Airlines were not informed during training about a new flight control system that may have played a role in the fatal crash of a Boeing 737 MAX8 ope...More..

Trump blasts Saudi Arabia plan to cut oil production
by | Wednesday, November 14, 2018

Trump blasts Saudi Arabia plan to cut oil production

This put the Middle Eastern country at odds with Russian Federation, which said it was no clear whether the market would be oversupplied next year, with market analysts predicting the country's oil producing co...More..

Flipkart CEO Binny Bansal resigns after investigation into ‘personal misconduct’ allegation
by | Tuesday, November 13, 2018

Flipkart CEO Binny Bansal resigns after investigation into ‘personal misconduct’ allegation

The statement has been posted on the Flipkart blog as well. While the investigation, which was conducted by an independent law firm, could not corroborate the complainant's assertions against Bansal, it fou...More..

Apple shares drop as iPhone's sluggish sales raise red flags
by | Tuesday, November 13, 2018

Apple shares drop as iPhone's sluggish sales raise red flags

According to a new report by Reuters , at least three iPhone suppliers have issued warnings on results to Apple that suggest weakening iPhone sales, causing the company's stock to hit a three month low today...More..

Amazon to announce new headquarters in New York City, Virginia
by | Tuesday, November 13, 2018

Amazon to announce new headquarters in New York City, Virginia

The company was planning to split its second headquarters evenly between two cities and among the finalists with which Amazon was holding advanced talks were Dallas, Long Island City in NY and Arlington near ...More..

Pilots encounter ‘very bright’ UFO which ‘disappeared at high speed’
by | Tuesday, November 13, 2018

Pilots encounter ‘very bright’ UFO which ‘disappeared at high speed’

Air control reported nothing was scheduled for that evening. " OK. It was moving so fast ", the pilot replied. The controller then asked: " Alongside you? ". The pilot said he saw "two bright lights" over ...More..

by | Tuesday, November 13, 2018

Oil prices climb after Saudi Arabia announces production cut

The oil producers could agree (though Russian Federation doesn't want to) to reduce the output to somewhere between the May and October figure (say a cut of up to 1 million) - cutting all the way to May level m...More..

Major oil producers foresee oversupply, edge closer to production cuts
by | Monday, November 12, 2018

Major oil producers foresee oversupply, edge closer to production cuts

Saudi Energy will export 500,000 fewer barrels a day in December than this month, taking the lead in OPEC to counter the price rout battering the finances of group members and energy companies alike. The UAE'...More..

Oil prices rise as Saudi announces supply cut
by | Monday, November 12, 2018

Oil prices rise as Saudi announces supply cut

The announcement came after crude prices declined by around 20 percent over a month, as supply has surged, especially by the top-three producers USA, Russia and Saudi Arabia. The slide also comes during signs...More..

Here's Where Military Members Can Eat for Free on Veterans Day 2018
by | Monday, November 12, 2018

Here's Where Military Members Can Eat for Free on Veterans Day 2018

California Pizza Kitchen: Free entree when dining in, plus get a free gift card for buy-one-get-one-free entrees redeemable Monday-Sunday. On Veterans Day , our nation honors those who have so honored us wi...More..

Ford gets into the e-scooter craze with Spin acquisition
by | Monday, November 12, 2018

Ford gets into the e-scooter craze with Spin acquisition

Critics of the services argue some companies dump hundreds of scooters in a city without getting permission from local governments. A Sustrans survey from 2013 found that while 43 per cent of women own a bike, ...More..

Global stocks, oil slip after Fed points to more rate hikes
by | Monday, November 12, 2018

Global stocks, oil slip after Fed points to more rate hikes

Beginning in late 2015, the central bank has gradually raised its key rate from a record low near zero, where it had held it since the 2008 financial crisis to try to stabilize the financial system and stimulat...More..

Waterville Kmart to close as Sears plans to shut 40 more stores
by | Monday, November 12, 2018

Waterville Kmart to close as Sears plans to shut 40 more stores

Sears Holdings is shutting down another 40 stores as the once dominant player in retail struggles to survive in bankruptcy. Sears is expected to retain less than 500 stores after the recent culling, which ...More..

North Shore parents get child care relief
by | Monday, November 12, 2018

North Shore parents get child care relief

This is the next step in the provincial government's ten-year ChildCare BC plan. Day cares had to apply to be a prototype site. The sites were selected after a call for applications in June. Each site will ...More..

Alibaba shopping extravaganza earns US$10b in first hour
by | Sunday, November 11, 2018

Alibaba shopping extravaganza earns US$10b in first hour

If we compare these numbers to those from last year when Alibaba sold goods worth $25 million in the 24 hours that the sale was held, then we can conclude that the sale will probably reach bigger numbers this...More..

WATCH Dubai Police Train to Fly Hoverbikes
by | Sunday, November 11, 2018

WATCH Dubai Police Train to Fly Hoverbikes

The Middle Eastern nation's cops have been caught training on hoverbikes that they claim will help first responders reach hard areas more easily. Dubai's police force have started training on flying motorc...More..

Sainsbury's sparks industry concern with 40% bottom-line profit fall
by | Sunday, November 11, 2018

Sainsbury's sparks industry concern with 40% bottom-line profit fall

When exceptional costs, such as those linked to the restructuring of its shop management teams and its proposed merger with Asda, are taken into account its statutory pre-tax profits fell sharply from £220 mill...More..

Mazda CX-5 Confirmed with Turbo Engine, Signature Model
by | Sunday, November 11, 2018

Mazda CX-5 Confirmed with Turbo Engine, Signature Model

The all-new Mazda3 adopts a richer interpretation of Mazda's KODO design philosophy, which embodies the essence of Japanese aesthetics. Mazda has teased the all-new Mazda3 with a dark image of the aut...More..

The ‘rational’ businesswoman picked to temper Tesla’s mercurial Musk
by | Sunday, November 11, 2018

The ‘rational’ businesswoman picked to temper Tesla’s mercurial Musk

As well as serving on the Tesla board, Ms Denholm also spent a year on the board of Swiss robotics, power and automation technology company ABB - a global supplier of electric vehicle fast-charging outlets - fr...More..

Zero US Crude oil exports to China recorded for second month
by | Sunday, November 11, 2018

Zero US Crude oil exports to China recorded for second month

Exports rose 15.6 percent last month from a year earlier, customs data showed on Thursday, picking up pace from September's 14.5 percent. Chinese exports to the United States rose 13.2 per cent, but imports f...More..

Mitsubishi Strada global debut: Photos, Features, Specs
by | Sunday, November 11, 2018

Mitsubishi Strada global debut: Photos, Features, Specs

The new Mitsubishi L200 goes on sale in Thailand (as the Mitsubishi Triton ) this month, and is expected in the United Kingdom by the middle of 2019. Safety improvements are par for the course with Mitsu...More..

U.S. to restrict e-cigarette flavors to fight teenage vaping 'epidemic'
by | Sunday, November 11, 2018

U.S. to restrict e-cigarette flavors to fight teenage vaping 'epidemic'

Preliminary government data shows e-cigarette sales have risen 77 percent among high schoolers and 50 percent among middle schoolers in 2018, which means that 3.5 million minors have been vaping throughout 20...More..

by | Sunday, November 11, 2018

Pressures rise for homebuilders as rates hit 7-year high | AP business

For the week ending November 2, the Market Composite Index fell by four percent on a seasonally adjusted basis from one week earlier to its lowest level since December 2014. The survey's contract rate on a 30-y...More..

Thank You Veterans: Deals & Free Meals On Veterans Day
by | Sunday, November 11, 2018

Thank You Veterans: Deals & Free Meals On Veterans Day

Proof of service includes military or VA card, or discharge papers. It is suggested to call or check with local locations ahead of time to make sure they are participating in the deal. BJ's Restaurant Brewhou...More..

Britain May Not Get Brexit Deal With EU - Trade Minister
by | Sunday, November 11, 2018

Britain May Not Get Brexit Deal With EU - Trade Minister

The prime minister is speculated to hold a Cabinet meeting next week to secure the support of her ministers over a Brexit deal she is negotiating with the EU. "It is a sad loss for Government, but Brexit is abo...More..

Bombardier to cut 5000 staff worldwide as part of latest redundancy programme
by | Sunday, November 11, 2018

Bombardier to cut 5000 staff worldwide as part of latest redundancy programme

The Montreal-based plane and train maker announced the cuts early Thursday, saying they're created to "lean out and simplify" the company's corporate structure. Michael Mulholland, GMB Regional Organsier, said:...More..