Apple Announces Retail Chief Angela Ahrendts Departing in April

Deirdre O'Brien, soon to be Apple's Senior Vice President of Retail + People. The chief executive, Tim Cook , warmly acknowledged the former Burberry boss's departure, saying: "I want to thank Angela for inspiring and energising our teams over the... More..

by | Published more than a month ago
RBI Seen Changing Policy Stance In Shaktikanta Das' First Review Today
by | Thursday, February 07, 2019

RBI Seen Changing Policy Stance In Shaktikanta Das' First Review Today

After the cut, the repo rate stood at 6.25 per cent. Interestingly, while the decision to change the monetary policy stance was unanimous, on the repo rate cut, it was a 4-2 decision. The RBI raised rates t...More..

Oil falls as USA maintains record output, inventories climb
by | Thursday, February 07, 2019

Oil falls as USA maintains record output, inventories climb

Bullish traders are banking on the Venezuelan oil sanctions and the OPEC-led production cuts to provide support. Maduro, who retains control over the state, denounces Guaido as a US puppet who is seeking to f...More..

NAB boss says his attitude 'polar opposite' to Hayne's description
by | Thursday, February 07, 2019

NAB boss says his attitude 'polar opposite' to Hayne's description

Mortgage brokers were punished. Shares of Mortgage Choice Ltd. slumped 25 percent and Australian Finance Group Ltd. plunged 29 percent. It has little or no prospects of continuing because it has abandoned its...More..

Trump Expected To Tap World Bank Critic To Be Its President
by | Thursday, February 07, 2019

Trump Expected To Tap World Bank Critic To Be Its President

After reshaping the US presidency, traditional alliances, trade relations and the US Supreme Court, Trump now could have a chance to influence how countries like China access concessional lending. The instituti...More..

Loss of Venezuelan oil exports won't leave huge gap in global market
by | Thursday, February 07, 2019

Loss of Venezuelan oil exports won't leave huge gap in global market

USA sanctions on Venezuela have been viewed as supportive for prices by helping tighten global supplies. Production cuts by members of the Organization of the Petroleum Exporting Countries and its allies, i...More..

Oil prices drops below $61.5
by | Thursday, February 07, 2019

Oil prices drops below $61.5

US Treasury Secretary Steven Mnuchin told reporters that by blocking PDVSA's assets, the United States was preserving the assets of the company in the interests of the people of Venezuela and also protectin...More..

by | Wednesday, February 06, 2019

Battlefield V didn't meet EA's sales expectations

In an investors call, CEO Andrew Wilson stated that Battlefield V performed below projections, partially because of the facets it prioritized. Specifically, Wilson says the decision to include a single-player...More..

U.S.' Mnuchin, Lighthizer to hold talks next week in China
by | Wednesday, February 06, 2019

U.S.' Mnuchin, Lighthizer to hold talks next week in China

It predicted that the European Union would be the biggest victor, taking home some $70 billion in additional trade thanks to the trade war. "Our analysis shows that while bilateral tariffs are not very effect...More..

Apple reportedly agrees to pay France almost $600M in back taxes
by | Wednesday, February 06, 2019

Apple reportedly agrees to pay France almost $600M in back taxes

French authorities declined to comment citing the confidentiality of tax matters. Apple has agreed to pay 500 million euros ($571 million) to France in back tax, Reuters reported Tuesday. French Finance M...More..

Trump calls for bipartisanship, a hard line on immigration
by | Wednesday, February 06, 2019

Trump calls for bipartisanship, a hard line on immigration

Trump during the address. A year ago the response was delivered by Rep. Joe Kennedy III, who gave it from a school auto shop. Despite the fierce partisan disagreements, Trump's speech will feature promi...More..

Venezuelan opposition welcomes Canada's call for military backing
by | Wednesday, February 06, 2019

Venezuelan opposition welcomes Canada's call for military backing

The U.S. officials said trucks carrying the humanitarian aid were headed to Cucuta at the request of Venezuelan opposition leader Juan Guaido, who last month declared himself to be the South American nation's i...More..

GM to start laying off 4,000 salaried workers on Monday
by | Tuesday, February 05, 2019

GM to start laying off 4,000 salaried workers on Monday

Continuation of health care benefits were also part of the packages. That leaves the remainder of the 8,000 planned job cuts to be accomplished with the involuntary layoffs. "We will be providing that infor...More..

Ryanair slumps to FIRST LOSS since March 2014 - share price plummets
by | Tuesday, February 05, 2019

Ryanair slumps to FIRST LOSS since March 2014 - share price plummets

Meanwhile ancillary revenue growth of 26 per cent was offset by higher fuel, staff and EU261 costs. The airline's shares fell 3.2 percent in early morning trading on the London Stock Exchange. "While we hope th...More..

U.K. Parliament Warned on No-Deal Brexit as Nissan Backs Out
by | Tuesday, February 05, 2019

U.K. Parliament Warned on No-Deal Brexit as Nissan Backs Out

May is seeking legally binding changes to the deal to replace the Northern Irish backstop, an insurance policy that aims to prevent the reintroduction of a hard border between EU-member Ireland and the British ...More..

Alphabet's higher spending worries investors
by | Tuesday, February 05, 2019

Alphabet's higher spending worries investors

The Google LLC parent said its profit hit $8.9 billion, or $12.77 a share, from a $3 billion loss a year ago thanks to tax law changes. It reported $39.3 billion in revenues for the fourth quarter , up 2...More..

Cold War plans to evacuate Queen 'revived if Brexit leads to riots'
by | Tuesday, February 05, 2019

Cold War plans to evacuate Queen 'revived if Brexit leads to riots'

Crucial legislation on post-Brexit management of areas such as agriculture and fisheries, as well as an implementation bill that would be needed to enact a deal with Brussels if MPs give their approval, would h...More..

Tesla buys battery tech company Maxwell Technologies
by | Tuesday, February 05, 2019

Tesla buys battery tech company Maxwell Technologies

The announcement comes amid a cost-cutting initiative at the automaker - which announced just last month it would slash an additional 7 percent of its workforce as it works to lower the price of its flagship ...More..

£145m cryptocurrency password goes to grave with QuadrigaCX co-founder Gerald Cotten
by | Tuesday, February 05, 2019

£145m cryptocurrency password goes to grave with QuadrigaCX co-founder Gerald Cotten

The debt filing comes weeks after Robertson announced that Cotten had died - an event she described as "a shock to all of us". According to a research piece from a leading industry researcher, QuadrigaCX ,...More..

Google reveals the most searched Super Bowl recipes in each state
by | Monday, February 04, 2019

Google reveals the most searched Super Bowl recipes in each state

When it comes to the Super Bowl , it's time for plenty of fun, plenty of food, and plenty of hilarious commercials. Tom Brady will take the field in Atlanta on Sunday for Super Bowl LIII, aiming for his six...More..

SpaceX tests flight version of Raptor engine
by | Monday, February 04, 2019

SpaceX tests flight version of Raptor engine

The rocket is now being built outside of Brownsville, Texas , and the image and video Musk tweeted is the first time the public has gotten to see it in action. At that time, test-firing of the new engine was...More..

Uber and Lyft Raise Prices in New York City, Citing Wage Law
by | Monday, February 04, 2019

Uber and Lyft Raise Prices in New York City, Citing Wage Law

While Uber has a higher utilization rate than Lyft or Juno, for the first year of the program, all three companies would operate under its utilization rate of 58%. They argue this makes it more hard for small...More..

Exit from Brexit? I'd like it, but it's unlikely - German foreign minister
by | Monday, February 04, 2019

Exit from Brexit? I'd like it, but it's unlikely - German foreign minister

Simon Coveney said the rejection of the deal which forces the PM back to Brussels to try to reopen negotiations and replace the backstop had "caused disappointment and dismay in Dublin and across Europe". Pro-B...More..

Every Super Bowl Winner & MVP From Past 52 Years!
by | Sunday, February 03, 2019

Every Super Bowl Winner & MVP From Past 52 Years!

The Patriots' first three triumphs, in Super Bowl XXXVI, XXXVIII and XXXIX were all by a three-point margin. He has won five total Super Bowls and has been named MVP of four of the Super Bowls. 8-ranked offen...More..

GM to lay off about 4,000 salaried workers
by | Sunday, February 03, 2019

GM to lay off about 4,000 salaried workers

Catharines Propulsion Plant - would be impacted. General Motors is expected to start a new round of layoffs on Monday, cutting over 4,000 white-collar jobs, according to a report. As for the rest, "we a...More..

The $300k Range Rover SV Coupe Is Officially Dead
by | Sunday, February 03, 2019

The $300k Range Rover SV Coupe Is Officially Dead

As a refresher, the next-generation Range Rover is expected to debut in 2021 with a massive diet granted by all-new underpinnings. Unveiled at last year's Geneva Motor Show, the Range Rover SV Coupe w...More..

BP to tie executive pay to reducing greenhouse gas emissions
by | Sunday, February 03, 2019

BP to tie executive pay to reducing greenhouse gas emissions

Oil and gas majors in Europe and the U.S. have gradually bowed to shareholder pressure in recent years to give more information on how climate change affects their business, and set goals for reducing their e...More..

RCom decides to file for insolvency, to approach NCLT
by | Sunday, February 03, 2019

RCom decides to file for insolvency, to approach NCLT

The company also pointed to the pendency of numerous legal issues at high courts, Telecom Disputes Settlement & Appellate Tribunal (TDSAT) and the Supreme Court impeding progress at various stages, as a reason ...More..

ScS pulls out of running for Sofa.com acquisition
by | Sunday, February 03, 2019

ScS pulls out of running for Sofa.com acquisition

Last year, Sports Direct bought department store group House of Fraser for 90 million pounds ($117.84 million) and snapped up specialist cycling retailer Evans Cycles. The update was in response to a Sky News ...More..

Healthcare gains jobs in January despite government shutdown
by | Sunday, February 03, 2019

Healthcare gains jobs in January despite government shutdown

Within healthcare, ambulatory healthcare services showed the most employment growth last month, adding 22,100 jobs. Job growth in December was revised sharply lower, to 222,000 from a previously estimated 3...More..