Infiniti kicks Western Europe to the curb amid restructuring

It's a second blow for the factory in as many months after the Japanese company confirmed in early February that it had cancelled plans to build the next-generation Nissan X-Trail SUV at the British facility . The company says the plant management "... More..

by | Published 12 days ago
With Ghosn gone, Nissan, Renault and Mitsubishi form new board
by | Tuesday, March 12, 2019

With Ghosn gone, Nissan, Renault and Mitsubishi form new board

Both executives sidestepped questions about Ghosn, recently released on bail in Japan ahead of a trial over alleged financial misconduct. But the automakers gave no indication of any immediate change in their...More..

Virginia woman wins the lottery 30 times in one day
by | Tuesday, March 12, 2019

Virginia woman wins the lottery 30 times in one day

The New York Daily News reports Deborah Brown accomplished the improbable feat after she bought 30 Pick-4 tickets with the same combination. The odds of matching all four numbers in order is 1 in 10,000 acc...More..

Oil gains as Saudi Arabia stands by OPEC cuts, U.S. drilling drops
by | Tuesday, March 12, 2019

Oil gains as Saudi Arabia stands by OPEC cuts, U.S. drilling drops

The extension of the deeper-than-agreed output cuts in April signals that Saudi Arabia is unlikely to press for any change at the next full OPEC+ meeting, scheduled for mid April in Vienna. "If you look at Ve...More..

Facebook temporarily removes Elizabeth Warren's ads calling for breakup of Facebook
by | Tuesday, March 12, 2019

Facebook temporarily removes Elizabeth Warren's ads calling for breakup of Facebook

However, soon after she clarified that by "big companies", she has the Cupertino based company Apple in mind as well. Elizabeth Warren could not have asked for a better illustration for her point. Apparen...More..

Theresa May: Changes mean Brexit backstop 'cannot become permanent arrangement'
by | Tuesday, March 12, 2019

Theresa May: Changes mean Brexit backstop 'cannot become permanent arrangement'

Instead, they said the Prime Minister should table a motion outlining the kind of Brexit deal Tory MPs would accept in a bid to maintain party unity and put pressure on Brussels, according to the report. "The...More..

by | Tuesday, March 12, 2019

Trump's 2020 budget request to seek $8.6 billion for border wall

The concept, as laid out in Monday's budget proposal, would limit spending on prescription drugs for seniors with Medicare coverage, providing financial certainty to both patients and drug manufacturers while...More..

Tesla to rise price of its cars and keep more stores open
by | Tuesday, March 12, 2019

Tesla to rise price of its cars and keep more stores open

In its blog post announcing the change, Tesla said that, "we have chose to keep significantly more stores open than previously announced as we continue to evaluate them over the course of several months"....More..

Vancouver tea salon mentioned on Last Week Tonight with John Oliver
by | Tuesday, March 12, 2019

Vancouver tea salon mentioned on Last Week Tonight with John Oliver

John Oliver is taking on his "old friends" at the FCC once again. Donald Trump's FCC chair, Ajit Pai is responsible for the problem, Oliver notes, because the FCC has laws and regulations that used to cur...More..

Nvidia believed mulling Mellanox bid
by | Monday, March 11, 2019

Nvidia believed mulling Mellanox bid

Nvidia appears close to its biggest ever acquisition giving it leverage in the data centre market. Calcalist said that Nvidia would have an advantage over Intel in its bid, as it would have a greater chanc...More..

Tesla turns around raising prices, keeping more stores open
by | Monday, March 11, 2019

Tesla turns around raising prices, keeping more stores open

Tesla says the move will allow it to keep open more of its Tesla stores than previously planned. The global price hike will come into force on March 18, so if you've been considering splashing on a Tesla the...More..

Australia Shuts Down Two Cryptocurrency Exchanges Associated with Drug Trafficking
by | Monday, March 11, 2019

Australia Shuts Down Two Cryptocurrency Exchanges Associated with Drug Trafficking

It was then on March 7, 2019, the AFP officers executed search warrants in the Melbourne suburbs of Bulleen, Templestowe Lower, and Malvern, seizing steroids, Australian currency, and "cryptocurrency-related it...More..

Brexit in dates: From Leave shock to brink of extension vote
by | Monday, March 11, 2019

Brexit in dates: From Leave shock to brink of extension vote

If she fails, lawmakers are expected to force May to seek a delay to Brexit that some fear could see the 2016 decision to leave the bloc reversed. That idea is backed by a phalanx of pro-Brexit politicians,...More..

Philadelphia bans cashless stores
by | Monday, March 11, 2019

Philadelphia bans cashless stores

They have given such stores and restaurants until the 1 of July 2019, to change their payment policies or be liable to fines as heavy as two thousand dollars. Philadelphia may be the first to make the cashless...More..

UBS Downgraded Rio Tinto (NYSE:RIO)'s Rating From Buy
by | Monday, March 11, 2019

UBS Downgraded Rio Tinto (NYSE:RIO)'s Rating From Buy

From time to time, even solid companies may experience some sort of setback. The score helps determine if a company's stock is valuable or not. Often times, the stock may still be valuable on a fundamental leve...More..

Trump To Request An Additional $8.6 Billion To Complete Border Wall
by | Monday, March 11, 2019

Trump To Request An Additional $8.6 Billion To Complete Border Wall

The president accepted that funding in February but also declared a national emergency that ultimately gave him a total of $8 billion in funding. We have a crisis down there. White House economic adviser Lar...More..

World's top sovereign wealth fund to dump oil and gas shares
by | Sunday, March 10, 2019

World's top sovereign wealth fund to dump oil and gas shares

The sovereign wealth fund, known officially as the Government Pension Fund, owns around $40 billion of shares in oil companies such as BP, ExxonMobil and Chevron. "Therefore this measure is about diversificatio...More..

UK official says EU playing games over Brexit
by | Sunday, March 10, 2019

UK official says EU playing games over Brexit

The leader of Britain's parliament Andrea Leadsom said she was beginning to wonder what game the European Union was playing over Brexit as relations between London and Brussels deteriorated ahead of a vote by l...More..

Canada's monthly job growth exceeds USA, stifles rate cut calls
by | Sunday, March 10, 2019

Canada's monthly job growth exceeds USA, stifles rate cut calls

In Waterloo Region, the rate dropped from 4.9 per cent in January to 4.7 per cent in February. The national unemployment rate did not change either January to February, although the economy added another 56...More..

Porsche boosts Taycan manufacturing, mulls hybrid loaners, as reservations wow
by | Sunday, March 10, 2019

Porsche boosts Taycan manufacturing, mulls hybrid loaners, as reservations wow

Taycan will be the most athletic and technically flawless vehicle in its segment", - said the member of the Board of Directors of the company Detlev von platen. Porsche plans to offer two sizes of battery wit...More..

Share giant Airbnb is now the proud owner of a hotel startup
by | Sunday, March 10, 2019

Share giant Airbnb is now the proud owner of a hotel startup

A little more than a month after The Wall Street Journal reported that Airbnb was in talks to buy HotelTonight , the two have sealed the deal on an acquisition. Back in January, Airbnb stated it had been...More..

Tesla investors sue Musk for his misstatements on Twitter | newkerala.com #111036
by | Sunday, March 10, 2019

Tesla investors sue Musk for his misstatements on Twitter | newkerala.com #111036

After tweeting last year that he had secured funding for a plan to take the company private, Musk allegedly stepped over the line again in February by estimating on Twitter that Tesla would produce about ...More..

Bank of Canada Holds; We May Be Here a While
by | Sunday, March 10, 2019

Bank of Canada Holds; We May Be Here a While

Ahead of Wednesday's rate announcement, Patterson said governing council members were confronted by softer-than-anticipated fourth-quarter numbers in the areas of business investment, exports and household spen...More..

Dozens hurt as plane encounters heavy turbulence on flight to US
by | Sunday, March 10, 2019

Dozens hurt as plane encounters heavy turbulence on flight to US

The Port Authority of NY and New Jersey says Turkish Air flight 1 was travelling from Istanbul to NY when it encountered intense turbulence mid-flight and declared an emergency. The flight, which began in Istan...More..

Ghosn's bail may compromise evidence: Tokyo prosecutor
by | Sunday, March 10, 2019

Ghosn's bail may compromise evidence: Tokyo prosecutor

He had been detained for 108 days since November 19 and was released on 1 billion yen ($9 million) bail after his third request to the court for release on bail. Ghosn was photographed leaving in a white hospit...More..

European Central Bank cuts growth, inflation forecasts
by | Sunday, March 10, 2019

European Central Bank cuts growth, inflation forecasts

The euro struggled near a 21-month low against the United States dollar today, hurt by a series of dovish signals from the European Central Bank, with the currency market bracing for further volatility ahead of...More..

Man almost forgets winning $273M lottery ticket
by | Saturday, March 09, 2019

Man almost forgets winning $273M lottery ticket

Weirsky returned to the store the next day, verified that the tickets were his, and went home. A store clerk named Phil Campolo told NBC that he's the one who turned them in. And unlike a lot of former spou...More..

Mike Ashley May Drop Sports Direct Roles To Run Debenhams
by | Saturday, March 09, 2019

Mike Ashley May Drop Sports Direct Roles To Run Debenhams

It comes after the Debenhams board rejected the terms of a £40m (€46.7m) cash bailout offer from Mr Ashley. "If Mr Ashley were to be appointed to the board of directors of Debenhams during this business c...More..

UK Survey: 73% of Respondents Unaware of What Cryptocurrencies Are
by | Saturday, March 09, 2019

UK Survey: 73% of Respondents Unaware of What Cryptocurrencies Are

Of all the cryptocurrencies , Bitcoin is the most popular, with more than 50% of those who purchased cryptos choosing the most valuable digital asset. "The survey is based upon 2,132 face-to-face interview...More..

Airbnb acquires last minute hotel booking service HotelTonight
by | Saturday, March 09, 2019

Airbnb acquires last minute hotel booking service HotelTonight

HotelTonight's special sauce is how they list last-minute, bargain rates for unused luxury hotel stock. Airbnb introduced boutique hotels to its platform in early 2018, and according to TechCrunch , it ...More..