Money

Virgin Galactic flies first test passenger to the edge of space

Virgin Galactic flies first test passenger to the edge of space This space flight means Chief Pilot Dave Mackay and co-pilot Michael "Sooch" Masucci become commercial astronauts and the 569th and 570th humans in space. Like all of SpaceShipTwo's planned flights, this one was suborbital, meaning it does not reach orbit, and attains weightlessness for only a few minutes during its trip. [Full Article...]

Volvo XC90 Facelift Unveiled With KERS For Better Fuel Efficiency

Volvo XC90 Facelift Unveiled With KERS For Better Fuel Efficiency The company has upgraded its existing T8 and T6 Twin Engine plug-in hybrid powertrains, while at the same time confirming that plug-in options will now be available on every model it produces. Wool interior upholstery will be available on the XC90 globally, but it's not clear if Volvo will offer that material in the U.S. Prior to this vehicle, it had been several years since Volvo launched a brand... [Full Article...]

Purplebricks shares plummet amid disappointing growth and management shake-up

Purplebricks shares plummet amid disappointing growth and management shake-up The group also said that the United Kingdom housing market "has continued to be challenging for the estate agency industry", although the board still expects to report United Kingdom revenue for the current financial year of approximately 15-20 per cent above the previous year. [Full Article...]

Google Eliminating Forced Arbitration Process

Google Eliminating Forced Arbitration Process Google has announced that it will soon no longer require its employees to sign forced arbitration agreements, which essentially waive workers' rights to a day in court if they suffer injuries, harassment, or other negative consequences from working at a company. [Full Article...]

Zimbabwe launches new, discounted currency as banks reopen

Zimbabwe launches new, discounted currency as banks reopen Zimbabwe, without its own currency for a decade, took steps to address its worsening economic crisis by allowing its surrogate currency, bond notes, and electronic funds to float freely against other major currencies, abandoning an official but artificial parity with the dollar. [Full Article...]

Oil prices supported by Opec’s ongoing supply cuts

Oil prices supported by Opec’s ongoing supply cuts The report from EIA said total crude output in the USA was up by about 100,000 barrels to a record 12 million barrels per day in the week ended February 15th. That means much will depend on demand, which Goldman said it expected to grow by 1.4 million bpd this year. "We see total USA crude production hitting 13 million bpd by year-end, with 2019 averaging 12.5 million bpd", USA bank Citi said ... [Full Article...]

NEB reconsideration report recommends approval of Trans Mountain pipeline expansion

NEB reconsideration report recommends approval of Trans Mountain pipeline expansion The NEB found that "project-related marine shipping is likely to cause significant adverse environmental effects on the Southern resident killer whale and on Indigenous cultural use associated with the Southern resident killer whale", Robert Steedman, the regulator's chief environmental officer, told reporters in Calgary on Friday as the regulator released its recommendations in a report. [Full Article...]

Wall Street mostly edges up in volatile trade after Fed minutes

Wall Street mostly edges up in volatile trade after Fed minutes The bar to restarting rate hikes in the near-term seems to be quite high, with several participants arguing that rate increases would be necessary "only if inflation outcomes were higher than in [the] baseline outlook". It is not a solicitation to make any exchange in commodities, securities or other financial instruments. The Fed absorbed government bonds and mortgages in the wake of the 2007-0... [Full Article...]

Kraft Heinz is desperate for a fresh variety

Kraft Heinz is desperate for a fresh variety Before noon, the company had lost $16 billion of its market value. As of December 31, 2018, Berkshire held almost 326 million shares of Kraft Heinz, amounting to a 26.71% stake. But the strategy apparently didn't work as planned at Kraft Heinz. "For that, we take full responsibility". But said it did not expect that inquiry to be "material" to financial results. [Full Article...]

Chinese port bans coal imports from Australia, media reports say

Chinese port bans coal imports from Australia, media reports say A Chinese media steel industry website says that China will obtain most of its coal imports in 2019 from Russian Federation and Indonesia, reports Sydney Morning Herald . "So, it is a two-way trading relationship which is important based on mutual respect and national interests". Mr Mackenzie told an analyst and investor briefing earlier this week that all suppliers had been hit by delays at ... [Full Article...]

Epic Games Pulls 'Fortnite' YouTube Ads Following Pedophile Sex Ring Discovery

Epic Games Pulls 'Fortnite' YouTube Ads Following Pedophile Sex Ring Discovery YouTube has since been removing accounts and channels that displayed this sort of behavior, as well as comment deletion and reporting illegal activity. "It goes against everything our company stands for". YouTube added that this type of content and language is strictly prohibited on its website and that the company has policies prohibiting the endangerment of minors. [Full Article...]

Tesla Model 3 stripped of Consumer Reports recommendations

Tesla Model 3 stripped of Consumer Reports recommendations Tesla is a pretty new auto company, and historically it has had some issues with the reliability of its high-tech, complex electric vehicles. In fact, social media complaints from Model 3 owners - which include battery malfunctions, computer-system failures, door handles that won't open, and body parts filling with snow and falling off - are often accompanied by comments such as "still love the au... [Full Article...]

$3.7B to move oil by rail

$3.7B to move oil by rail The latest National Energy Board data shows Canadian oil-by-rail exports hit new all-time highs of 330,402 bpd in November 2018, compared with 148,311 bpd at the same time a year earlier. Instead of purchasing trains , the government will buy rail service from Canadian Pacific Railway and Canadian National Railway to ship crude oil to market with pending destinations including global markets and t... [Full Article...]

Britain Yet to Decide on 5G Security Policy

Britain Yet to Decide on 5G Security Policy The impact of the finding, if confirmed, will extend far beyond Britain, cutting across a campaign by the US National Security Agency to have Huawei's involvement in 5G networks significantly reduced, if not outright banned. sets out is agnostic about country, agnostic about company and ownership". Secret agreements and the relationship with China. . He also said that Huawei would continue to... [Full Article...]

'Confirmed drone sighting' leads to Dublin Airport flight diversions and delays

'Confirmed drone sighting' leads to Dublin Airport flight diversions and delays Police are probing a line of inquiry the major disruption caused at the London airport was an inside job, sources have told The Times . It tweeted that the safety and security of customers was its priority. 1,000 flights were cancelled across three days the week before Christmas after a number of drone sightings. Dublin Airport said that police and other authorities were informed of the inc... [Full Article...]

Worker killed after tire explodes at John Wayne Airport in Santa Ana

Worker killed after tire explodes at John Wayne Airport in Santa Ana The blast set off a fire alarm that summoned airfield rescue crews. The state's workplace safety agency, known as Cal-OSHA, will investigate. Thompson said tyres of that size - about 1.2 metres in diameter - are under "enormous" pressure. [Full Article...]

Russia's Putin to give annual address as popularity slides

Russia's Putin to give annual address as popularity slides Russian President Vladimir Putin said Wednesday that his country's new missiles will target the United States if Washington deploys missiles in Europe . "Russia doesn't intend to deploy new missiles in Europe first", Putin added. He added that the missile is created to equip existing surface ships and submarines. [Full Article...]

The EU warns they 'will not reopen the withdrawal agreement'

The EU warns they 'will not reopen the withdrawal agreement' British Prime Minister Theresa May is icy as she shakes the hand of European commission President Jean-Claude Juncker. 'I've underlined the need for us to see legally binding changes to the backstop which ensure it can not be indefinite - that's what is required if a deal is going to pass the House of Commons. [Full Article...]

Honda to end production of Civic models at Turkey plant in 2021

Honda to end production of Civic models at Turkey plant in 2021 Honda began building engines in Swindon in 1989. The U.K.'s decision to leave the bloc could create further uncertainty for Japanese companies in Britain. "I will work with Justin Tomlinson, the Department for Business, Energy and Industrial Strategy, Swindon Council, the Swindon and Wiltshire Local Enterprise Partnership, unions and other agencies to support everyone affected in the months ahead... [Full Article...]

Indian billionaire told to pay debt to Ericsson - or go to jail

Indian billionaire told to pay debt to Ericsson - or go to jail The top court also imposed a fine of Rs 1 crore each on them. A bench comprising of Justices RF Nariman and Vineet Saran said if the contemnor failed to make the payments within the specified period, they will undergo a jail term of three months. [Full Article...]


« Previous 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52  Next »