Google acquires Looker to join its cloud service for $2.6B

Kurian told Reuters in an interview that doubling down on analytics made sense as he looked to fill gaps in his unit. "We are excited to welcome Looker to Google Cloud and look forward to working together to help our customers solve some of their b... More..

by | Published more than a month ago
Cooperation still drives China-US relations: diplomat
by | Friday, June 07, 2019

Cooperation still drives China-US relations: diplomat

The United States should take responsibility for the setback in economic and trade consultations with China, a government white paper said, warning that "red lines" can not be crossed. Beijing released a "W...More..

India's central bank cuts lending rate to 5.75%
by | Friday, June 07, 2019

India's central bank cuts lending rate to 5.75%

Many banks, including SBI and Bank of Maharashtra, will be. Asia's third largest economy grew at a much slower-than-expected 5.8% in the last quarter, far below the pace needed to generate jobs for the mill...More..

Markets climb as Federal Reserve signals possible rate cut
by | Friday, June 07, 2019

Markets climb as Federal Reserve signals possible rate cut

That cast a slight damper on market sentiment, though most Asian benchmarks still closed higher. At last check, Fed Fund futures prices implied a more than 65% chance of a rate cut by July. The technology s...More..

Trump says progress made in US-Mexico talks 'not almost enough'
by | Friday, June 07, 2019

Trump says progress made in US-Mexico talks 'not almost enough'

Pence told reporters the U.S. State Department would lead talks on Thursday, but gave no further details. The officials are discussing a deal calling for Mexico to sharply increase patrols of its border with ...More..

Woodford closes gate on his £4bn flagship fund as investors lay siege
by | Thursday, June 06, 2019

Woodford closes gate on his £4bn flagship fund as investors lay siege

It was said that the decision was taken after Kent County Council requested the return of about £250m it had invested in the fund. Among the fund's biggest positions in unlisted companies are BenevolentAI a...More..

by | Thursday, June 06, 2019

Fiat Chrysler ends merger talks with Renault

However it has become clear that the political conditions in France do not now exist for such a combination to proceed successfully.FCA expresses its honest thanks to Groupe Renault , in particular to its Ch...More..

Ikea to launch robotic furniture designed for small spaces
by | Thursday, June 06, 2019

Ikea to launch robotic furniture designed for small spaces

Ikea announced Tuesday that it has teamed up with American furniture startup Ori to create a space-efficient robotic furniture system ideal for small rooms. Ikea and Ori collaborate to create robotic furni...More..

Former UN official: Iran may be only ‘six months’ from nuclear bomb
by | Thursday, June 06, 2019

Former UN official: Iran may be only ‘six months’ from nuclear bomb

Trump said relations with the Middle Eastern nation had improved since he came to power in 2016, and that Obama had allowed the state to become a "terrorist nation" during his time in the White House. "I thin...More..

United Kingdom manufacturing PMI falls sharply to 49.4 in May | 3 June 2019
by | Thursday, June 06, 2019

United Kingdom manufacturing PMI falls sharply to 49.4 in May | 3 June 2019

According to IHS Markit , the rate of expansion in the services sector edged up to a three-month high thanks to a modest rebound in new business and the fastest upturn in staffing levels since November 2018. "...More..

Walmart Makes Move to Appeal to High School Students
by | Thursday, June 06, 2019

Walmart Makes Move to Appeal to High School Students

That's especially small when compared with other companies in the industry because it can be often hard to work around students' busy class schedules, Julie Murphy, executive vice president of Walmart's USA peo...More..

RBA Boss Warns Banks On Undermining The Economy
by | Thursday, June 06, 2019

RBA Boss Warns Banks On Undermining The Economy

Australia's four major banks have scored $108.8 million by delaying the dates when their interest rate cuts go into effect. "We have to do what's right for ANZ ... "Today's decision to lower the cash rate wi...More..

Renault delays decision on Fiat Chrysler merger proposal
by | Thursday, June 06, 2019

Renault delays decision on Fiat Chrysler merger proposal

He also floated the possibility that Nissan could look at boosting its stake in Renault , or a merged Renault-FCA, to gain more say in shaping the future of the alliance. A Renault employee familiar with the...More..

Spiking Crude Oil Inventories Signal Potential Bear Market
by | Thursday, June 06, 2019

Spiking Crude Oil Inventories Signal Potential Bear Market

Sechin-who has criticized Russia's involvement in the deal in the past-questioned the Russian rationale of sticking to the cuts, saying that the USA would take market share out of Russia if the OPEC+ deal i...More..

Mexican president says
by | Wednesday, June 05, 2019

Mexican president says "very optimistic" about reaching deal with United States on tariffs

It's a very simple thing. If the duties are imposed, US cattle feeders will import fewer cows due to the increased cost, said Derrell Peel, agricultural economist at Oklahoma State University, a situation tha...More..

Amazon to Showcase Small Businesses in UK Pop-Up Shops
by | Wednesday, June 05, 2019

Amazon to Showcase Small Businesses in UK Pop-Up Shops

The first Clicks and Mortar shop out of the expected 10 will open in St Mary's Gate in central Manchester, on Monday. Foldable adult scooter company "Swifty Scooters", leather smartphone accessories maker "...More..

Amazon Makes 10 Million Items Available for Prime One-Day Delivery
by | Wednesday, June 05, 2019

Amazon Makes 10 Million Items Available for Prime One-Day Delivery

In Q4, the company announced that it expanded same-day and one-day delivery to more than 10,000 cities and towns, and in April, said it would significantly expand its one-day selection. "For delivery in a mat...More..

Huawei ban results in collateral damage for US-China trade negotiations
by | Wednesday, June 05, 2019

Huawei ban results in collateral damage for US-China trade negotiations

Sales of the Chinese company's premium smartphones in France plummeted by about one-fifth in the week after the United States blacklisted the company, according to a telecom industry representative who chose no...More..

United States tech stocks drop amid fears over antitrust investigation into Alphabet
by | Wednesday, June 05, 2019

United States tech stocks drop amid fears over antitrust investigation into Alphabet

Shares of Alphabet , Google's parent company, fell as much as 7% on Monday, their biggest drop outside earnings since April 2011. The FTC and the Justice Department oversee antitrust issues in the US and mus...More..

Global smartphone shipments may decline 3.1% in 2019
by | Wednesday, June 05, 2019

Global smartphone shipments may decline 3.1% in 2019

The analyst also stated that "losing brand trust due to unstable shipments in the long term" is the biggest issue facing Huawei right now. Huawei flatly denies these reports. "But he also indirectly addres...More..

China warns tourists, companies about risks in USA - state media
by | Tuesday, June 04, 2019

China warns tourists, companies about risks in USA - state media

Chinese Vice Commerce Minister Wang Shouwen, a prominent member of Beijing's negotiating team, said in presenting the paper to the media that it would be impossible for the United States to use "extreme press...More..

US Justice Department Said to Be Exploring Antitrust Case Against Google
by | Monday, June 03, 2019

US Justice Department Said to Be Exploring Antitrust Case Against Google

In a statement, the EU's top antitrust watchdog, Margrethe Vestager, said Google cemented itself as a powerhouse in the online search industry - then proceeded to shield itself from competition by imposing re...More..

Mega Millions jackpot rises to $475 million with no winner Friday
by | Monday, June 03, 2019

Mega Millions jackpot rises to $475 million with no winner Friday

The $444 million jackpot for Friday's Mega Millions drawing comes with a cash option of $281.1 million. The Powerball jackpot is now at $350 million. million. The annuity option will get you the entire va...More..

Tesla Model 3 now available in Australia, New Zealand, Japan and Ireland
by | Monday, June 03, 2019

Tesla Model 3 now available in Australia, New Zealand, Japan and Ireland

The vehicle manufacturer has priced its Chinese Model 3s from 328,000 yuan ($47,523), including value-added taxes. Customers can expect to receive the vehicle in 6-10 months, the company said in a press release...More..

Congestion causes outage for Google Cloud hosted sites, apps
by | Monday, June 03, 2019

Congestion causes outage for Google Cloud hosted sites, apps

Why? Google's Cloud Service, which powers a number of other applications, had an outage . Snapchat and YouTube, as well as Gmail , G Suite, Discord, and other services, are down in some eastern regions ...More..

Mexico starts talks in Washington early over USA tariff threat
by | Sunday, June 02, 2019

Mexico starts talks in Washington early over USA tariff threat

In a surprise announcement that could compromise a major trade deal, President Donald Trump announced May 30, 2019, that he is slapping a 5% tariff on all Mexican imports to pressure the country to do more to...More..

WTI crude oil goes down 5.5%
by | Sunday, June 02, 2019

WTI crude oil goes down 5.5%

June heating oil HOM19, -2 .77% shed 3.9 cents, or 2%, to $1.876 a gallon, looking at a loss of 4.8% for the week and down almost 10% for the month. He said the market was expected to be in balance. Brent f...More..

by | Sunday, June 02, 2019

United States justice department ‘preparing competition probe over Google’

But Google continues to face pressure around the world from regulators, notably in Europe amid multiple investigations over alleged abuse of its dominance in internet search, advertising and its mobile system. ...More..

Tesla Model 3 now available to Macau buyers for pre-orders
by | Sunday, June 02, 2019

Tesla Model 3 now available to Macau buyers for pre-orders

That's 49,000 ($7,000) less expensive than consumers are paying now. By building its cars locally, the automaker can avoid strict customs duties on imported vehicles. The stock is pointing to an open near $...More..

Chevron to sell North Sea assets to Ithica Energy for $2bn
by | Sunday, June 02, 2019

Chevron to sell North Sea assets to Ithica Energy for $2bn

Around 500 staff are set to be transferred from Chevron to Ithaca as part of the deal , including 200 offshore workers. The North Sea oil minnow owned by Israeli energy giant Delek has agreed to buy a st...More..