Brexit: EU, UK get go-ahead to intensify talks

An official from an European Union nation, who spoke on condition of anonymity because the talks are ongoing, said the U.K. had offered compromises on how to deal with the only EU-U.K. Sterling climbed to the highest level in three months against the... More..

by | Published more than a month ago
U.S. Treasury Secretary Mnuchin threatens 'very significant' sanctions on Turkey
by | Saturday, October 12, 2019

U.S. Treasury Secretary Mnuchin threatens 'very significant' sanctions on Turkey

Turkish President Recep Tayyip Erdogan swiftly responded, vowing that the assault "will not stop". Mnuchin called the executive order "very significant" and "any person associated with the government of Tur...More..

GM Boosts Contract Offer
by | Friday, October 11, 2019

GM Boosts Contract Offer

GM made a comprehensive offer October 7 to the UAW and hasn't received a response in the days since, despite CEO Mary Barra joining a meeting with union leaders October 9. In a Thursday letter to UAW leader...More..

Brexit deal hopes hang on British breakfast with Barnier
by | Friday, October 11, 2019

Brexit deal hopes hang on British breakfast with Barnier

The Democratic Unionist Party (DUP), which supports Prime Minister Boris Johnson's minority government, would have had an effective veto on post-Brexit customs checks on the Irish border under proposals table...More..

China made no progress in deputy-level trade talks: SCMP
by | Thursday, October 10, 2019

China made no progress in deputy-level trade talks: SCMP

The White House is looking at rolling out a previously agreed currency pact with China as part of an preliminary deal that could also see a planned tariff increase next week suspended, people familiar with the ...More..

Hong Kong drops £32bn bid for London Stock Exchange
by | Thursday, October 10, 2019

Hong Kong drops £32bn bid for London Stock Exchange

The ongoing turmoil in Hong Kong also didn't help. LSE shares slid 6.1 per cent by 0805 GMT, close to their lowest since Hong Kong Exchanges and Clearing Ltd (HKEX) announced its approach on September 11,...More..

Brexit deal 'very difficult' - but door still open, European Union tells Britain
by | Thursday, October 10, 2019

Brexit deal 'very difficult' - but door still open, European Union tells Britain

Mr Barnier did not slam the door shut, but he did not underplay the huge obstacles in the path of some kind of deal ahead of the outer deadline of October 31. Johnson and Varadkar arrived in Liverpool, northwes...More..

Mark Zuckerberg to testify again before Congress
by | Thursday, October 10, 2019

Mark Zuckerberg to testify again before Congress

Facebook Inc. Chief Executive Officer Mark Zuckerberg will testify before a key congressional committee that deals with the finance industry later this month, the latest sign of rising opposition to the so...More..

US China trade talks one day only as tensions flare
by | Thursday, October 10, 2019

US China trade talks one day only as tensions flare

The moves underscored just how jittery investors have become as negotiators meet in Washington to attempt a deal that could have major consequences for the global economy. While the talks focus on economics, th...More..

Singapore overtakes U.S. as world’s most competitive economy
by | Thursday, October 10, 2019

Singapore overtakes U.S. as world’s most competitive economy

Last year India was ranked 58th in the annual index . The index analyses the landscape of 141 economies based on over 100 indicators in a dozen categories, including headings like health, financial system...More..

New hope that Melton’s Thomas Cook shop will reopen
by | Thursday, October 10, 2019

New hope that Melton’s Thomas Cook shop will reopen

Thomas Cook had around 600 stores on United Kingdom high streets. Britain kicked off Wednesday the dismantling of Thomas Cook, with the sale of all 555 United Kingdom stores to a smaller rival of the collapse...More..

Gold rises as risk sentiment sours on trade, Brexit uncertainty
by | Wednesday, October 09, 2019

Gold rises as risk sentiment sours on trade, Brexit uncertainty

Gold prices slipped for a third straight session on Tuesday, pressured by a stronger dollar and an uptick in equities ahead of upcoming U.S. Gold futures find support near $1,500 an ounce. There's $1,465 to t...More..

Johnson accuses European Union of making it impossible to leave with a deal
by | Wednesday, October 09, 2019

Johnson accuses European Union of making it impossible to leave with a deal

Britain is set to leave the European Union on October 31, although Parliament recently passed a law requiring Prime Minister Boris Johnson to seek a three-month extension if he hasn't reached an agreement b...More..

Euromillions £170m jackpot won by United Kingdom ticket holder
by | Wednesday, October 09, 2019

Euromillions £170m jackpot won by United Kingdom ticket holder

Andy Carter, Senior Winners' adviser at The National Lottery, said: "One incredibly lucky ticket-holder has scooped tonight's enormous £170 million EuroMillions jackpot". If anyone in the United Kingdom wins ...More..

Million Assault Rifles Destroyed by Dick's Sporting Goods, CEO Says
by | Wednesday, October 09, 2019

Million Assault Rifles Destroyed by Dick's Sporting Goods, CEO Says

In an interview with CBS News released Sunday, Stack explained that since Dick's stopped selling guns to customers under the age of 21 as part of what the outlet called the firm's "stand against guns", the ...More..

Samsung could be heading for a 50 percent profit drop
by | Tuesday, October 08, 2019

Samsung could be heading for a 50 percent profit drop

The main reason behind the drop is the memory chip business of the company which is now suffering from low demand. Samsung Electronics saw its operating profits rise on-quarter in the third quarter, but its...More..

UAW letter to members: 'Negotiations have taken a turn for the worse'
by | Tuesday, October 08, 2019

UAW letter to members: 'Negotiations have taken a turn for the worse'

Terry Dittes, vice president of UAW's GM department, sent a letter to union members saying an offer GM extended over the weekend "did nothing to advance a whole host of issues". "The law and basic decency req...More..

Supreme Court Title VII cases will be argued tomorrow October 8
by | Tuesday, October 08, 2019

Supreme Court Title VII cases will be argued tomorrow October 8

Kavanaugh generally is regarded as more conservative. The Trump administration has effectively thrown in its lot with the employers, backing a narrow interpretation of a 1964 civil rights law banning discrimi...More..

Unilever to halve use of new plastic as uproar over waste grows
by | Tuesday, October 08, 2019

Unilever to halve use of new plastic as uproar over waste grows

Jope however said the company was planning to reduce the number by encouraging use of recycled plastic and by producing reusable bottles, along with other alternative materials. The new targets also include a...More..

James Harden Reacts To Rockets & China Debacle After Daryl Morey's Tweet
by | Tuesday, October 08, 2019

James Harden Reacts To Rockets & China Debacle After Daryl Morey's Tweet

NBA Chief Communications Officer Mike Bass said the league recognizes that Morey's tweet "deeply offended many of our friends and fans in China, which is regrettable". The CBA, which unanimously elected Yao...More..

GE freezes pension benefits
by | Monday, October 07, 2019

GE freezes pension benefits

Since that time, he has put together a number of measures to streamline the company while raising cash to reduce debt - including chopping the company's dividend to a penny, according to Reuters . For the p...More..

China Trade Talks To Resume On Thursday, Says White House
by | Monday, October 07, 2019

China Trade Talks To Resume On Thursday, Says White House

Vice Premier Liu He, who will lead the Chinese contingent in high-level talks that begin Thursday, told visiting dignitaries he would bring an offer to Washington that won't include commitments on reforming C...More..

CIBC Run for the Cure surpasses fundraising target (8 photos)
by | Monday, October 07, 2019

CIBC Run for the Cure surpasses fundraising target (8 photos)

The Kelowna Breast Cancer Paddling Team made up of women who are battling breast cancer and that have beat it were out looking for new recruits in need of support. "This is an incredible event", said Diane, a b...More..

Aston Martin DBS GT Zagato breaks cover with 566 kW
by | Monday, October 07, 2019

Aston Martin DBS GT Zagato breaks cover with 566 kW

Fans of the DBS Superleggera , on the other hand, can start feasting your eyes on the DBS GT Zagato . The crimson speedster is powered by the Superleggera's twin-turbo 5.6-liter V-12 engine that produces a br...More..

Unemployment rate falls to 3.5% as 136K jobs added in September
by | Monday, October 07, 2019

Unemployment rate falls to 3.5% as 136K jobs added in September

Still some groups continue to benefit from the tight labor market: Unemployment among Hispanics fell to its lowest level since records began in 1973. Of particular note, he said , was that wage growth slowed...More..

HSBC Layoffs 2019: 10,000 Lose Jobs In Cost-Cutting Effort
by | Monday, October 07, 2019

HSBC Layoffs 2019: 10,000 Lose Jobs In Cost-Cutting Effort

According to the bank's 2019 interim report, the group had over 237,000 full-time employees at the end of June 2019. That will reportedly come on top of about 4,000 layoffs that the United Kingdom -based bank a...More..

Flutter Entertainment Merges with The Stars Group
by | Friday, October 04, 2019

Flutter Entertainment Merges with The Stars Group

Immediately after closure of the Combination, Flutter Shareholders would own about 54.64 per cent and TSG Shareholders would own about 45.36 per cent of the Combined Group's share capital. Shareholders approv...More..

Oil steadies in rebound after jitters over economic outlook, United States inventories
by | Friday, October 04, 2019

Oil steadies in rebound after jitters over economic outlook, United States inventories

United States crude inventories rose 3.1 million barrels last week, more than forecast. The friction across the Atlantic could severely damage U.S. -EU economic relations, and hurt global economic growth and ...More..

Suspended MD Of PMC Bank Arrested In Alleged Rs 6,500 Crore Fraud
by | Friday, October 04, 2019

Suspended MD Of PMC Bank Arrested In Alleged Rs 6,500 Crore Fraud

Rakesh Wadhawan and his son Sarang Wadhawan , accused of loan default, have been arrested by the Economic Offences Wing (EOW). Both father and son were summoned to the EOW office of Mumbai Police and whe...More..

India Inc welcomes RBI move; says rate cut will spur growth
by | Friday, October 04, 2019

India Inc welcomes RBI move; says rate cut will spur growth

Moneycontrol Deputy Executive Editor Ravi Krishna tells Shraddha Sharma why the market was disappointed with the rate cut and what's next in store. The reverse repo rate - the interest rate the central bank...More..

Taco Bell has a special offer for National Taco Day
by | Friday, October 04, 2019

Taco Bell has a special offer for National Taco Day

Taco Bell has a taco gift set you can send to a friend; at On the Border , you can grab endless tacos starting at $8.99. Other savory taco options at Café Ynez include Taco de Camarones ($13) with shrimp, a...More..

Tesla shares fall despite record delivery numbers after missing Elon Musk's target
by | Friday, October 04, 2019

Tesla shares fall despite record delivery numbers after missing Elon Musk's target

If Tesla had hit 100,000 vehicles delivered it would have been the first time the firm had reached that threshold in a single quarter which Musk stated would be "an incredibly exciting milestone for our company...More..

Casino giant settles Vegas massacre lawsuits for up to $800 million
by | Friday, October 04, 2019

Casino giant settles Vegas massacre lawsuits for up to $800 million

The settlement creates the third-largest victims compensation fund in US history, according to The Associated Press . Granted, MGM did not engage the shooting, but it bewilders some to this day how the hotel a...More..

Chevrolet Corvette C8 Convertible: folding roof means more fun
by | Friday, October 04, 2019

Chevrolet Corvette C8 Convertible: folding roof means more fun

The C8.R had been expected to be launched during next weekend's IMSA WeatherTech SportsCar Championship season finale at Petit Le Mans, but was instead unveiled during the new Corvette Stingray launch at the ...More..

Chicken sandwiches, salads recalled from Sobeys due to listeria risk
by | Friday, October 04, 2019

Chicken sandwiches, salads recalled from Sobeys due to listeria risk

According to health officials, consumption of food contaminated with L. monocytogenes can cause listeriosis, a serious infection that primarily affects older adults, persons with weakened immune systems, and pr...More..