Toyota moving pickup production to Mexico, no USA jobs lost

The largest Japanese automaker also said it will end production of the Toyota Sequoia in IN by 2022 as that facility focuses on mid-size SUVs and minivans. The company has already invested $7.1 billion, including $1.6 billion at an Alabama auto pla... More..

by | Published more than a month ago
IMF cuts global growth forecasts as economy remains 'sluggish'
by | Monday, January 20, 2020

IMF cuts global growth forecasts as economy remains 'sluggish'

The lender of last resort delivered the ailing currency bloc more growth downgrades, warning that a weaker German recovery and a slowdown in Spain would weigh on the region's economy this year. Monday's downgra...More..

China plans various bans on use of plastic
by | Monday, January 20, 2020

China plans various bans on use of plastic

This past weekend, China's National Development and Reform Commission issued a new policy that will phase out single-use plastics over the next five years. According to a United Nations report, around 30...More..

Buhari flies out Friday to attend UK-Africa Summit in London
by | Monday, January 20, 2020

Buhari flies out Friday to attend UK-Africa Summit in London

The British government's export agency reports providing £2bn ($2.6bn) in financing for United Kingdom company exports to Africa in the past two years. The UK-Ghana partnership will be at the centre of the Summ...More..

Trump Approval Among Farmers Hits Record High at 83%
by | Monday, January 20, 2020

Trump Approval Among Farmers Hits Record High at 83%

But the Senate's upcoming impeachment trial wasn't far from his mind. With China agreeing to buy 32 billion USA dollars' farm products over the next two years, American farmers will reap much bigger profits t...More..

My statement on Amazon is being misinterpreted, Government welcomes investment: Piyush Goyal
by | Sunday, January 19, 2020

My statement on Amazon is being misinterpreted, Government welcomes investment: Piyush Goyal

The trade minister was reportedly not impressed with Amazon's plans to invest $1 billion in the country's small businesses. Conventionally, this should have cheered up the Modi government, especially when t...More..

The second-biggest diamond ever found will become Louis Vuitton jewelry
by | Sunday, January 19, 2020

The second-biggest diamond ever found will become Louis Vuitton jewelry

It was cut into several polished gemstones, the two largest of which - the African Big Star and the African Little Star - are set in the ring crown jewels of Great Britain. Bernard Arnault, chairman and chief e...More..

Feds Will Review Tesla ‘Sudden Unintended Acceleration’ Complaints
by | Sunday, January 19, 2020

Feds Will Review Tesla ‘Sudden Unintended Acceleration’ Complaints

Tesla did not comment to Reuters on the report . The agency is also investigating another December 29 fatal crash involving a Model S Tesla in California. In another crash, in May 2013, the owner of a M...More..

Wall Street's trillion-dollar club dwarfs Europe Inc
by | Saturday, January 18, 2020

Wall Street's trillion-dollar club dwarfs Europe Inc

The company follows in the footsteps of Apple, Amazon and Microsoft, all of which have reached the milestone in the past 18 months. Apple is the most valuable company in the United States, with a market value o...More..

Hyundai unveils first Genesis SUV in renewed overseas premium push
by | Saturday, January 18, 2020

Hyundai unveils first Genesis SUV in renewed overseas premium push

The luxury SUV is based on the GV80 Concept first shown at the 2017 NY auto show, and it gets several segment-first features, including an electronically controlled suspension with road preview and active n...More..

Ex-boss Carlos Ghosn used company money for private events: Nissan
by | Saturday, January 18, 2020

Ex-boss Carlos Ghosn used company money for private events: Nissan

In an email statement, Hironaka said that everyone involved in the case in his practice had resigned. Aiming to dispel insinuations that the two-decade partnership between Renault and Nissan was in tatters, R...More..

Tesla cools off after Morgan Stanley turns bearish
by | Saturday, January 18, 2020

Tesla cools off after Morgan Stanley turns bearish

In December, Wells Fargo was downgraded by analysts due to "lingering stigma" from an accounts scandal in 2016. Eighteen investment analysts have rated the stock with a sell rating, ten have assigned a hold r...More..

OYO to lay off 1,000 employees as part of restructuring plan
by | Friday, January 17, 2020

OYO to lay off 1,000 employees as part of restructuring plan

SoftBank reportedly gave Oyo a deadline of March 31, 2020, to phase out contracts or businesses that are not EBITDA-profitable. And this means that, unfortunately, some roles at OYO will become redundant ...More..

Bose in big store closing move; cites 'dramatic' shift online
by | Friday, January 17, 2020

Bose in big store closing move; cites 'dramatic' shift online

Bose products are currently available in Ireland via numerous retailers and audio specialists, though Dundrum Shopping Centre in Dublin houses a dedicated Bose store which is now expected to close. in 1993. ...More..

Climate Change to Impact . .
by | Friday, January 17, 2020

Climate Change to Impact . .

According to chief executive Larry Fink climate change has become a "defining factor" in companies' long-term prospects and recognises "climate risk as investment risk". BlackRock will also seek to double th...More..

China's 2019 birthrate lowest in 70 years of communist rule
by | Friday, January 17, 2020

China's 2019 birthrate lowest in 70 years of communist rule

Beijing's policymakers had projected growth of between 6% and 6.5% for the year. Analysts polled by Reuters forecast China's economy to have grown 6.0% in the October to December period of 2019. "We sho...More..

Following Similar Deal with Jordan, Israel Begins Exporting Natural Gas to Egypt
by | Friday, January 17, 2020

Following Similar Deal with Jordan, Israel Begins Exporting Natural Gas to Egypt

The statement called the event an "important development useful for the interests of both countries". Last month, Energy Minister Yuval Steinitz signed the permits describing the entire operation as an "his...More..

China's birth rate at lowest level in communist era
by | Friday, January 17, 2020

China's birth rate at lowest level in communist era

And while the world's number two economy had been gradually losing steam over the first three quarters, growth held steady at 6.0 percent in October-December - the same as the previous quarter, according to t...More..

United Airlines jet with burning engine makes emergency landing in Newark
by | Friday, January 17, 2020

United Airlines jet with burning engine makes emergency landing in Newark

Another passenger told PIX11 News in NY that United gave passengers snacks, meal vouchers and travel vouchers toward a future flight purchase with the airline. "Flight takes off, right wing of the plane (wher...More..

Amazon to create a million jobs in India by 2025
by | Friday, January 17, 2020

Amazon to create a million jobs in India by 2025

During an event in Delhi on Thursday, Goyal, who has not yet given Bezos an audience, said "They (Amazon) may have put in a billion dollars but if they make a loss of a billion dollars every year, then jolly we...More..

NRF: Holiday retail sales up 4.1%
by | Friday, January 17, 2020

NRF: Holiday retail sales up 4.1%

Thus, the downward revision meant that sales in the control group were now 0.3% lower at an annualised rate, a "dramatic" slowdown from the 6.0% rise seen in the third quarter and the 7.9% leap seen in the seco...More..

Tesla says plans to open China design and research center
by | Thursday, January 16, 2020

Tesla says plans to open China design and research center

Tesla CEO Elon Musk dances during the Tesla China-made Model 3 Delivery Ceremony in Shanghai. Tesla had "accelerated" the construction of the Shanghai factory in response to the trade dispute between the...More..

Google Acquires Startup Pointy For $163M To Help Retailers Sell Items Online
by | Thursday, January 16, 2020

Google Acquires Startup Pointy For $163M To Help Retailers Sell Items Online

While right now neither party has disclosed the exact finances involved, the rumour mill says the deal could be worth roughly €150 million. Pointy uses two key technologies to help its partner retailers log t...More..

USA stocks gain following phase-one trade deal with China
by | Thursday, January 16, 2020

USA stocks gain following phase-one trade deal with China

Utilities and makers of household goods also rose. KEEPING SCORE: The S&P 500 index rose 0.4% as of 11:45 a.m. The Dow gained 90.55 points, or 0.3%, to 29,030.22, a record. The S&P/ASX200 was up a hefty...More..

PC sales grow for the first time in seven years
by | Thursday, January 16, 2020

PC sales grow for the first time in seven years

Personal computers (PCs) sales in seven years, released from the lethargy in 2019 over. Dell , Apple , and Acer rounded out the top five, with Apple's Mac platform landing at 6.8 percent marketshare for the...More..

Visa to buy fintech provider Plaid in $5.3B deal
by | Thursday, January 16, 2020

Visa to buy fintech provider Plaid in $5.3B deal

It is a long-term play that would position Visa as a leading company in the next decade and help Plaid scale its products and increase its global footprint. According to CNBC , Plaid's API software allows s...More..

Asian stocks are falling due to renewed concerns about trading
by | Thursday, January 16, 2020

Asian stocks are falling due to renewed concerns about trading

Healthcare stocks led the winners and received a big boost from Perrigo, which rose 12.6%. The trade agreement clears the way for investors to focus on upcoming quarterly earnings reports, including the out...More..

Anxious Markets Await Trade Deal Signing, Futures Are Flat, US Data Surprises
by | Wednesday, January 15, 2020

Anxious Markets Await Trade Deal Signing, Futures Are Flat, US Data Surprises

That's a windfall for Trump supporters in rural America but an ambitious goal considering that China has never bought more than $26 billion in US agricultural products in a year. Even so, 'The truce is good new...More..

Rights group says China is trying to silence critics overseas
by | Wednesday, January 15, 2020

Rights group says China is trying to silence critics overseas

However, human rights violations in China, including its oppression of Uyghurs, are well documented around the world, including by United Nations monitors. It is increasingly targeting critics of rights violati...More..

CME Bitcoin Options Eclipses Bakkt With a Strong Start
by | Wednesday, January 15, 2020

CME Bitcoin Options Eclipses Bakkt With a Strong Start

A news report by Bloomberg indicates that a group of analysts at JP Morgan Chase, headed by Nikolaos Panigirtzoglou, has disclosed that interest in CME's prevailing Bitcoin futures had increased in the day...More..

Traders of 8 Odisha cities plan protest during Bezos's India visit
by | Wednesday, January 15, 2020

Traders of 8 Odisha cities plan protest during Bezos's India visit

Bezos and Agarwal did not address the protests or the antitrust probe. The allegations include exclusive launch of mobile phones, preferred sellers on the marketplaces, deep discounting and preferential listing...More..

Trump Convinced Not to Kill Soleimani Several Times — WashPost
by | Wednesday, January 15, 2020

Trump Convinced Not to Kill Soleimani Several Times — WashPost

But Pompeo - whose State Department often insists it can not divulge details of his calls - said he heard a different message in conversations with around 50 Iraqi leaders since the start of the month. Iran r...More..

UKGC Proceeds with Credit Card Gambling Ban to Boost Protection
by | Wednesday, January 15, 2020

UKGC Proceeds with Credit Card Gambling Ban to Boost Protection

As a result, the Gambling Commission is going ahead with a total ban on credit cards for online gambling. The Gambling Commission took the decision as part of its tightening of gambling problem safeguar...More..

China auto sales fall again in 2019 amid trade war
by | Wednesday, January 15, 2020

China auto sales fall again in 2019 amid trade war

The China Association of Automobile Manufacturers (CAAM) expects a 2% fall in vehicle sales. After a three-month transition period that ended on June 25 a year ago, local governments stopped subsidizing purch...More..

William Hill (LON:WMH) Downgraded by Deutsche Bank to Hold
by | Tuesday, January 14, 2020

William Hill (LON:WMH) Downgraded by Deutsche Bank to Hold

The company said it made good progress despite a challenging regulatory backdrop which saw its retail business hit by a heavy reduction in the maximum stake for fixed-odds betting terminals (FOBTs). William H...More..