CSU leader to reject migrants at German border if no European Union deal

Bavaria's Christian Social Union (CSU) decides on Monday whether to start implementing a plan drawn up by Seehofer to reject migrants who have already registered in other EU states. "Others countries are even worse". "Of course, we always need to ... More..

by | Published more than a month ago
Pioneer Sees Oil At $100 Should OPEC Fail To Increase Production
by | Thursday, June 21, 2018

Pioneer Sees Oil At $100 Should OPEC Fail To Increase Production

But Opec's crunch meeting in Vienna on Friday finds the oil cartel divided after almost two years of unity over production curbs, which were due to run until the year's end. OPEC and its allies have since pas...More..

Audi CEO detained in diesel emissions case
by | Thursday, June 21, 2018

Audi CEO detained in diesel emissions case

Munich prosecutors said Rupert Stadler was being detained due to fears he might hinder an ongoing investigation into the scandal , plunging VW into a leadership crisis. A total of 20 people are under ...More..

by | Thursday, June 21, 2018

EU to impose duties on US imports after Trump tariffs

Announcing the European response, which will target £2.4billion (€2.8bn) worth of U.S. products, Ms Malmstrom said Brussels had no choice but to fight back. Canada has announced it will impose retaliatory tarif...More..

Crypto Exchange Bithumb Hacked, Loses $31.5M
by | Thursday, June 21, 2018

Crypto Exchange Bithumb Hacked, Loses $31.5M

Deposit and withdrawal services were halted "for the time being", the exchange said . Bitcoin fell around 2%. Ripple, Ethereum and Litecoin also retreated, along with some Asia-listed stocks with exposure to...More..

Technical issue continues to affect local American Airlines flights
by | Wednesday, June 20, 2018

Technical issue continues to affect local American Airlines flights

No other AA subsidiaries or partners were impacted by the issue, according to the spokesperson. "American is working to contact all those impacted, but please check your flight status before going to the airpor...More..

Starbucks to close 150 USA cafes to combat slowing growth
by | Wednesday, June 20, 2018

Starbucks to close 150 USA cafes to combat slowing growth

The changes came weeks after Starbucks Executive Chairman Howard Schultz announced he would leave the role in June. The company will triple its traditional annual average of closing about 50 stores as par...More..

Disney increases bid for Murdoch's Fox assets
by | Wednesday, June 20, 2018

Disney increases bid for Murdoch's Fox assets

The 21st Century Fox logo is displayed outside the News Corporation building in the Manhattan borough of New York City, New York , U.S., June 15, 2018. "We remain convinced that the combination of 21CF's ico...More..

by | Wednesday, June 20, 2018

President Trump Not Stepping Back, New Tariff Thread for China

China said Tuesday it would respond with "comprehensive measures" that could target American companies, sending global markets into a nose dive. It called Mr. Trump agreed to end a ban on the sale of US parts...More..

Microsoft takes a stand against ICE separating parents from children
by | Wednesday, June 20, 2018

Microsoft takes a stand against ICE separating parents from children

According to the post , the Microsoft's Azure service would help ICE "process data on edge devices or utilize deep learning capabilities to accelerate facial recognition and identification". Will Trump chang...More..

by | Wednesday, June 20, 2018

Trump assails Canadian tariffs, accuses people of smuggling U.S. goods home

Canadians do not pay duties on USA -made goods when they bring them back to Canada; they merely pay the harmonized sales tax or goods and services tax. "We have to change our ways, we can no longer be the stupi...More..

Not-so-sweet Dunkin Donuts sign
by | Wednesday, June 20, 2018

Not-so-sweet Dunkin Donuts sign

Gillian Morley a news producer at WBAL-TV posted a picture of the sign on Twitter and it seems the world is not happy. Social media users were quick to call out the company on Twitter. He told WBAL-TV that he...More..

McDonald's to remove plastic straws from restaurants
by | Wednesday, June 20, 2018

McDonald's to remove plastic straws from restaurants

Paper straws , unlike plastic ones, disintegrate in the environment. The UK is leading the way with the move, but McDonald's restaurants in Belgium are trialling alternatives to plastic straws and test...More..

by | Tuesday, June 19, 2018

Trump doubles down on trade war with China by announcing new tariffs

The escalating conflict between the world's two largest economies has rattled markets and companies, which fear disruption to their global supply chains. "China can make compromises by boosting imports from the...More..

Elon Musk says Tesla factory was sabotaged by disgruntled employee
by | Tuesday, June 19, 2018

Elon Musk says Tesla factory was sabotaged by disgruntled employee

These, in Musk's words, include "Wall Street short-sellers, who have already lost billions of dollars", "oil and gas companies", as well as "big gas/diesel auto company competitors". Tesla can ill afford manuf...More..

China labels Trump tariff threat as ‘extreme pressure and blackmailing’
by | Tuesday, June 19, 2018

China labels Trump tariff threat as ‘extreme pressure and blackmailing’

After the legal process is complete, these tariffs will go into effect if China refuses to change its practices, and also if it insists on going forward with the new tariffs that it has recently announced. ...More..

by | Tuesday, June 19, 2018

Amazon Prime launches locally at a third of USA cost

However, Ghani has promised that "this is just the beginning for Prime in Australia, as [we] will keep making Prime better, adding even more selection and benefits". Costing $6.99 a month or $59 a year, Amazon ...More..

Trump targets another $200 billion in China imports with tariffs
by | Tuesday, June 19, 2018

Trump targets another $200 billion in China imports with tariffs

Trump is moving forward with the measures after months of sometimes fraught shuttle diplomacy in which Chinese offers to purchase more American goods failed to assuage his grievances over a widening trade i...More..

Kathy Kraninger Nominated to Head Consumer Financial Protection Bureau
by | Tuesday, June 19, 2018

Kathy Kraninger Nominated to Head Consumer Financial Protection Bureau

Trump appointed Mulvaney as temporary head of the CFPB in November to replace Richard Cordray , an appointee of President Barack Obama . Cordray was praised by consumer advocates for going after banks for wro...More..

ICICI Bank may send MD & CEO Chanda Kochhar on indefinite leave
by | Tuesday, June 19, 2018

ICICI Bank may send MD & CEO Chanda Kochhar on indefinite leave

Though as the COO he would reporting to CEO Kochhar, the bank said he would report to the board until Ms Kochhar resumes the office. The bank said he will be responsible for handling all the businesses and co...More..

Trump Rants About Immigration In Tweetstorm: 'Change The Laws!'
by | Tuesday, June 19, 2018

Trump Rants About Immigration In Tweetstorm: 'Change The Laws!'

Conte called on the European Union to change its position on migration and adapt current European Union asylum guidelines in favor of "a new approach that is more harmonious, so that whoever sets foot in Italy,...More..

Trump threatens to slap China with $200 billion in new tariffs
by | Tuesday, June 19, 2018

Trump threatens to slap China with $200 billion in new tariffs

He has in recent weeks chose to implement steep tariffs against China and other key USA allies, despite warnings from congressional lawmakers that doing so could harm American workers and erase gains made from ...More..

Asian shares fall as Sino-US trade spat intensifies
by | Tuesday, June 19, 2018

Asian shares fall as Sino-US trade spat intensifies

This is unacceptable. Further action must be taken to encourage China to change its unfair practices, open its market to United States goods, and accept a more balanced trade relationship with the United St...More..

by | Monday, June 18, 2018

Clydesdale name to go in Virgin bank deal

The group - which will have its headquarters in Glasgow - will see CYBG's Jim Pettigrew continue on as chairman alongside finance chief Ian Smith. CYBG said it had improved its all-share offer for Virgin Mone...More..

Google To Invest $550 Million In Chinese E-Commerce Site JD.com
by | Monday, June 18, 2018

Google To Invest $550 Million In Chinese E-Commerce Site JD.com

The shares are equivalent to a almost one percent stake in the company, according to a JD.com spokesman. Google has invested $550m (£415m) in Chinese Amazon rival JD.com as the United States search giant at...More..

Audi CEO Rupert Stadler arrested in Germany diesel scandal
by | Monday, June 18, 2018

Audi CEO Rupert Stadler arrested in Germany diesel scandal

Munich prosecutors said Rupert Stadler was being detained due to fears he might hinder an ongoing investigation into the scandal, plunging VW into a leadership crisis. The prosecutors' office recently widene...More..

by | Monday, June 18, 2018

Audi chief exec Rupert Stadler arrested

Last week, prosecutors raided Stadler's residence in Munich as part of the investigation. Stadler has been with Volkswagen-Audi since 1994 and has held the top managerial spot at Audi since 2007, two years ...More..

Tesco steps up challenge to rivals with new price cuts
by | Monday, June 18, 2018

Tesco steps up challenge to rivals with new price cuts

Tesco said that like-for-like sales in its Irish operations grew by 3% despite all of its stores here closing for a day due to Storm Emma in early March. "Our growth plans are on track and we are pleased with t...More..

McDonald's Says It's Ditching Plastic Straws In U.K. And Ireland
by | Monday, June 18, 2018

McDonald's Says It's Ditching Plastic Straws In U.K. And Ireland

Burger King (EUREX: 18860462.EX - news), Wagamama and JD Wetherspoon have all ditched plastic straws in the past year. The company said it would also experiment with offering straws on request only in some gl...More..

McDonald’s to Test Eco-Friendly Straws in USA by Year-End
by | Sunday, June 17, 2018

McDonald’s to Test Eco-Friendly Straws in USA by Year-End

McDonald's is testing alternatives to plastic straws in Belgium, France, the United States and Norway and in parts of Latin America is only offering plastic straws on request. Reality Check: Do we use 8.5 bill...More..

Publicis Groupe's Zenith and Saatchi & Saatchi wins ride share company DiDi
by | Sunday, June 17, 2018

Publicis Groupe's Zenith and Saatchi & Saatchi wins ride share company DiDi

In a statement, the company said: "Australia's diversified mobility needs, business-friendly environment and inclusive culture have encouraged DiDi to commit to a long-term investment to improve mobility soluti...More..

European Central Bank signals end to QE but interest rates to stay low
by | Sunday, June 17, 2018

European Central Bank signals end to QE but interest rates to stay low

The Bank of Japan on Friday chose to stick to its ultra-easy monetary policy , another contrast with the Federal Reserve's decision Wednesday to raise its benchmark interest rate and set the stage for more inc...More..

BHP approves spending of United States dollars 2.9 mn to develop iron ore project
by | Sunday, June 17, 2018

BHP approves spending of United States dollars 2.9 mn to develop iron ore project

Engineering group CIMIC on Friday said it will start work on South Flank in July after winning a $260 million contract for the construction of bulk earthworks, concrete and underground services. FMG said Eliwan...More..

by | Saturday, June 16, 2018

Trump slaps China with $50 billion in trade tariffs on imports

That's why Trump thinks the US trade deficit is so large. The country's Commerce Ministry said China will apply tariffs on U.S. goods at the "same scale and the same strength". The agreement allows Washin...More..

Jaguar Land Rover launches Carpe subscription auto service from £910 a month
by | Saturday, June 16, 2018

Jaguar Land Rover launches Carpe subscription auto service from £910 a month

Carpe allows subscribers a new auto every year, with no restrictive mileage cap. All servicing, maintenance, insurance and roadside assistance costs are included up front, in what JLR calls an "unlimited motor...More..