Renault chairman says alliance with Nissan 'robust': L'Echo

The Financial Times has cited several sources who report that senior executives are formulating a contingency plan to negotiate a total divide between the two brands in engineering and manufacturing departments. Ghosn fled Japan for Lebanon in lat... More..

by | Published more than a month ago
Crude Rebounds on Positive Chinese Data
by | Tuesday, January 14, 2020

Crude Rebounds on Positive Chinese Data

Oil prices surged to their highest in nearly four months after a US drone strike killed an Iranian commander and Iran retaliated with missiles launched against USA bases in Iraq. As reported by Reuters , Myron...More..

Amazon Employees Leak Customer Data to Third-Party Agent (Again)
by | Tuesday, January 14, 2020

Amazon Employees Leak Customer Data to Third-Party Agent (Again)

About six months ago, there was a similar theft. Following the launch of allegations of theft, a statement made by the Amazon side, users' e-mail addresses and phones outside the information was accepted to b...More..

Canadian economy adds 35200 jobs in December
by | Tuesday, January 14, 2020

Canadian economy adds 35200 jobs in December

Futures traders maintained the amount of easing they expect from the Federal Reserve. Treasury yields, the Bloomberg dollar index and S&P 500 futures all gave up ground in the immediate aftermath of the report...More..

UK cabinet ministers to discuss Flybe rescue package
by | Tuesday, January 14, 2020

UK cabinet ministers to discuss Flybe rescue package

The plan is said to involve Flybe deferring this year's estimated air passenger duty (APD) bill of £106 million for three years, giving it the chance to survive the tough winter trading conditions. 'Large numbe...More..

Retail inflation rose to 7.35% in December - the highest since July 2014
by | Tuesday, January 14, 2020

Retail inflation rose to 7.35% in December - the highest since July 2014

The unexpected jump in inflation diminished the chances of the RBI cutting interest rate at its next monetary policy review due in early February. Retail inflation had spiked in December because of higher foo...More..

Elon Musk says Tesla cars will soon be able to talk
by | Tuesday, January 14, 2020

Elon Musk says Tesla cars will soon be able to talk

Sharing a video via Twitter where a Tesla vehicle can be seen conversing with walkers, Musk said the component may advance toward the electric cars soon. "This is real", the eccentric Tesla CEO said on Twitt...More..

Windsor GM employee busted racing new Corvette in Kentucky
by | Tuesday, January 14, 2020

Windsor GM employee busted racing new Corvette in Kentucky

According to an arrest citation obtained by WBKO , the two men told the state trooper that they are employees of General Motors, and that they were coming from a cocktail and billiards club. The accused - Alex...More..

Dow surpasses 29,000 as investors look past weak jobs data
by | Monday, January 13, 2020

Dow surpasses 29,000 as investors look past weak jobs data

US equities largely brushed off government data that showed U.S.jobs rose by 145,000 in December, compared to expectations of a 164,000 increase, Reuters reports. Gold prices slid 0.5%, and Treasury yields, w...More..

Geely, Mercedes-Benz launch $780 mln joint venture in E China
by | Monday, January 13, 2020

Geely, Mercedes-Benz launch $780 mln joint venture in E China

Audi meanwhile trailed both of its competitors with 1.85 million automobiles sold. Mercedes-Benz also had a strong festival period, which turned market sentiments towards positive, the company said. "Together ...More..

by | Monday, January 13, 2020

Bookmaker William Hill forecasts annual profit above estimates

Prior however, has a 12-month notice period and her departure date will be determined "in due course". Shares in gambling firm William Hill ( WMH ) surged as much as 6% to 195p in early trade after it reve...More..

GM is giving Hummer a second life as an electric pickup
by | Monday, January 13, 2020

GM is giving Hummer a second life as an electric pickup

But there is a big twist: according to reports out of the U.S. it will aim for a more environmentally-friendly image with a line-up of electric utes and SUVs. The company halted sales in 2010. In that labor agr...More..

Iraq's outgoing prime minister says U.S. troops must leave to avoid crisis
by | Monday, January 13, 2020

Iraq's outgoing prime minister says U.S. troops must leave to avoid crisis

Trump offered no immediate indication of whether he would retaliate, and stayed out of sight as news of the missile strikes emerged. He said: "As we evaluate the situation and our response, we will take all...More..

USA stocks set records as fear recedes from market; gold dips
by | Sunday, January 12, 2020

USA stocks set records as fear recedes from market; gold dips

The S&P 500 technology sector.SPLRCT rose 1.1 percent, the top gainer among sectors. The biggest boosts to the main indexes were Facebook Inc, Apple Inc, Amazon.com Inc, Alphabet Inc and Microsoft Corp, which...More..

Honda CIvic Type R 2020: Specs, Prices, Features
by | Sunday, January 12, 2020

Honda CIvic Type R 2020: Specs, Prices, Features

And that's about it. In all fairness, the Civic Type-R is already a dazzling performance saloon, and Honda knows this all too well. Honda has installed newly developed two-piece brake rotors and updated bra...More..

Takeaway.com wins Just Eat merger battle, creating new food delivery giant
by | Sunday, January 12, 2020

Takeaway.com wins Just Eat merger battle, creating new food delivery giant

Prosus Chief Executive Bob van Dijk said: "As stated in our original offer and subsequently, we consider Just Eat an attractive business though one which will require significant investment". " Just Eat is n...More..

by | Sunday, January 12, 2020

Former intelligence official reacts to Iran strike on U.S.

He said: "As we evaluate the situation and our response, we will take all necessary measures to protect and defend USA personnel, partners, and allies in the region". CNN notes that this is evidenced by the fir...More..

Ghosn vows to cooperate with Lebanese authorities after travel ban
by | Sunday, January 12, 2020

Ghosn vows to cooperate with Lebanese authorities after travel ban

In November 2018, Ghosn was arrested in Japan over corruption while he was the chairman of Japanese carmaker Nissan . Regarding how and where he will disclose the evidence, Ghosn said, "There will be probabl...More..

Trump says 4 US embassies were under threat from Iran
by | Sunday, January 12, 2020

Trump says 4 US embassies were under threat from Iran

U.S. President Donald Trump said a drone strike that killed Iranian Gen. Qassem Soleimani was prompted by imminent threats from Iran to attack four U.S. "We had specific information on an imminent threat, a...More..

US Pressures UK on Final Huawei Decision
by | Saturday, January 11, 2020

US Pressures UK on Final Huawei Decision

The U.S. was also planning to send a delegation that included deputy national security adviser Matt Pottinger to Britain this week to discuss the use of the manufacturer's networking equipment. Cotton, a vocal ...More..

Oil falls as focus shifts from Iran tensions to U.S. crude stocks
by | Saturday, January 11, 2020

Oil falls as focus shifts from Iran tensions to U.S. crude stocks

It made an intraday low of 40,036.00 and high of 40,144.00 today. Oil is cheaper than it was before the killing of the Iranian commander, Qassem Soleimani, in Baghdad, a strike that raised fears of an escalat...More..

Fed members confident about the US economy in 2020: headwinds abating
by | Saturday, January 11, 2020

Fed members confident about the US economy in 2020: headwinds abating

Louis Federal Reserve bank President James Bullard said on Thursday", - Reuters wrote. Interest rates are lower now than they were before the recession due to sluggish productivity growth, demographic modific...More..

JC Penney Feels The Holiday Season Pinch: Can The Retailer Survive 2020?
by | Saturday, January 11, 2020

JC Penney Feels The Holiday Season Pinch: Can The Retailer Survive 2020?

It marked Macy's first quarterly comparable store sales decline in nearly two years. Zoom out: Holiday sales figures were the wrinkled bow on top of a lackluster year for department stores. Victoria's Secre...More..

Canada unemployment falls to 5.6% in December
by | Saturday, January 11, 2020

Canada unemployment falls to 5.6% in December

Ontario's jobless rate also fell by 0.3 per cent to 5.3 per cent in December. The strength of the labor market will also factor into Donald Trump's re-election chances in November, with the president repeated...More..

Lime bikes rolling out of Greater Boston
by | Saturday, January 11, 2020

Lime bikes rolling out of Greater Boston

The move to drop local bike operations comes as Lime has increasingly shifted its resources across the country toward dockless electric scooters; the company's CEO said last August that 98 percent of Lime's...More..

Taco Bell will start paying managers $100,00 salaries
by | Saturday, January 11, 2020

Taco Bell will start paying managers $100,00 salaries

The news comes in an effort to try and hold onto workers. On Thursday, the fast-food chain announced it will test a $100,000 salary for restaurants' general managers at certain company-owned locations start...More..

Tesla's market value eclipses GM and Ford - combined!
by | Saturday, January 11, 2020

Tesla's market value eclipses GM and Ford - combined!

Argus Research has raised its target price on Buy-rated Tesla Inc . "We would like to have some room for adjustments as some other outstanding models are around the corner, such as the Model Y ", said Li Bin...More..

Global economy should grow, but could see crisis in 2020
by | Saturday, January 11, 2020

Global economy should grow, but could see crisis in 2020

This outlook, the World Bank said, is "predicated on no renewed escalation of trade tensions between China and the United States and a gradual stabilization in global trade". Downside risks to the outlook i...More..

Amazon’s Ring Fired Staff for Trying to Access Customer Data
by | Saturday, January 11, 2020

Amazon’s Ring Fired Staff for Trying to Access Customer Data

In each case, the employees were fired for violating company policy. But Senator Wyden said: "Amazon needs to go further - by protecting all Ring devices with two-factor authentication". The company, he added, ...More..

Democratic Debate Grows To 6 Candidates As Steyer Hits January Threshold
by | Saturday, January 11, 2020

Democratic Debate Grows To 6 Candidates As Steyer Hits January Threshold

Democratic Presidential candidate Joe Biden delivers a foreign policy statement on Iran at Chelsea Piers in NY on January 7, 2020. Steyer, a San Francisco-based billionaire investor whose candidacy has lang...More..

Johnson's Brexit bill passes without a single Labour vote in favour
by | Friday, January 10, 2020

Johnson's Brexit bill passes without a single Labour vote in favour

The House of Commons erupted in cheers after MPs ratified Prime Minister Boris Johnson's divorce deal with Brussels 330 votes to 231, drawing a line under an extraordinary era of political drama and chaos...More..

IRS Announces Beginning of Tax Season for 2020
by | Friday, January 10, 2020

IRS Announces Beginning of Tax Season for 2020

The IRS has faced criticism from its watchdog, the Treasury Inspector General for Tax Administration, and outside groups that it isn't effectively auditing corporations and high-income individuals with compl...More..

Saudi Aramco shares hit another new low following missile attack
by | Friday, January 10, 2020

Saudi Aramco shares hit another new low following missile attack

Soleimani. Saudi Aramco shares have been trending lower since the days after the company pulled off the biggest IPO in history in December. Aramco shares dropped to 34.55 riyals a share, the lowest level si...More..

S&P 500 hits high, US-Iran fears fade
by | Friday, January 10, 2020

S&P 500 hits high, US-Iran fears fade

Markets are also looking ahead to the signing of the first phase of a US-China trade pact next week that should also ease fears around the tit-for-tat tariff war between Washington and Beijing. "The main market...More..

House votes to limit Trump's power to hit Iran militarily
by | Friday, January 10, 2020

House votes to limit Trump's power to hit Iran militarily

Speaking to reporters after the briefing, GOP Senator Mike Lee said it was the "worst briefing" he had seen on a military issue , adding that it had been "insulting and demeaning". "much less safe", while on...More..