Canada adds jobs, sees more job hunters

The Canadian economy added 31,800 jobs for the month, but with 75,000 people entering the work force the jobless rate rose 0.2 per cent from May, Statistics Canada said. Expectations have strengthened that governor Stephen Poloz will raise the benc... More..

by | Published 10 days ago
UK: David Davis resigns as Brexit Secretary
by | Monday, July 09, 2018

UK: David Davis resigns as Brexit Secretary

Meanwhile, it emerged that Foreign Secretary Boris Johnson backed the proposals at Chequers despite claiming that defending the plans was like "polishing a turd". May met German Chancellor Angela Merkel in Be...More..

Oil prices at highest level in three years
by | Monday, July 09, 2018

Oil prices at highest level in three years

On Thursday, the U.S. Energy Administration (EIA) announced that U.S. crude inventories had risen 1.2 million barrels in the week to June 29, to 417.88 million barrels. "The Korean government is negotiating wit...More..

USA invokes new tariffs on China, launching full-fledged trade war
by | Monday, July 09, 2018

USA invokes new tariffs on China, launching full-fledged trade war

Beijing's commerce ministry, in a statement shortly after the United States deadline passed on Friday, said the world's No. 2 economy was forced to retaliate by placing jacked-up 25 percent tariffs on...More..

Britain's Brexit minister David Davis steps down
by | Monday, July 09, 2018

Britain's Brexit minister David Davis steps down

Now some Conservatives who are pushing for a hard Brexit threaten that the prime minister could soon face a no-confidence vote. She is set to tell MPs there have been "robust views" on Brexit among cabinet me...More..

Starbucks Will Eliminate Plastic Straws Globally by 2020
by | Monday, July 09, 2018

Starbucks Will Eliminate Plastic Straws Globally by 2020

These now come with drinks like the Starbucks Draft Nitro and Cold Foam, and will come with the Salted Cream Cold Foam Cold Brew to be released on Tuesday. Local governments have also been looking at the issu...More..

Seattle bans use of plastic straws, utensils at restaurants, bars
by | Monday, July 09, 2018

Seattle bans use of plastic straws, utensils at restaurants, bars

The use of Styrofoam packaging in food service was banned in 2009. New York City introduced legislation to ban plastic straws in May. Aside from the ban, Seattle food service businesses are also required ...More..

Four Thai boys rescued from cave in good condition, says Interior Minister
by | Monday, July 09, 2018

Four Thai boys rescued from cave in good condition, says Interior Minister

First Wild Boars Out", a headline on one online Thai paper said on Monday, referring to a song chanted by English soccer fans at the World Cup now underway in Russian Federation. The SEALs, which have sta...More..

ZTE names new CEO, other top executives to comply with US mandate
by | Monday, July 09, 2018

ZTE names new CEO, other top executives to comply with US mandate

ZTE Corp has appointed a new team of top executives including a CEO to comply with a deal it made with the United States to end a ban on US firms supplying parts to China's second-biggest telecommunications eq...More..

Move Over, Warren Buffett-Mark Zuckerberg Is Now the World's Third-Richest
by | Monday, July 09, 2018

Move Over, Warren Buffett-Mark Zuckerberg Is Now the World's Third-Richest

Facebook's data leak scandal couldn't stop Mark Zuckerberg from climbing further up the rich list. The world's largest social media network is facing scrutiny in Europe and the United States about allegatio...More..

Netflix explores new premium price tier for 4K
by | Monday, July 09, 2018

Netflix explores new premium price tier for 4K

According to feedback from markets including Germany and Italy, the new price band is called Ultra and offers 4K/HDR content with a maximum of four streams available to customers. However, if Netflix decides to...More..

5 important takeaways from the June jobs report
by | Sunday, July 08, 2018

5 important takeaways from the June jobs report

The unemployment rate moved up last month despite the addition of new jobs because almost 76,000 more people entered the workforce. While improving prospects for employment and wages are helping attract peopl...More..

Sonos files for IPO with plans to raise $100 million
by | Sunday, July 08, 2018

Sonos files for IPO with plans to raise $100 million

In fiscal 2017, the company posted a net loss of $14.2 million on revenue of $992.5 million, down from a net loss of $38.2 million on $901.3 million of revenue in the previous financial year, according to the ...More..

by | Sunday, July 08, 2018

U.S. unemployment rate jumps even though employers add more jobs than expected

The employment increase last month beat economist expectations for a 20,000 gain and was the second highest so far in a year where job creation has been sluggish. The unemployment rate in Windsor dipped slightl...More..

Crude Oil Price Drops on Unexpected Stockpile Build
by | Saturday, July 07, 2018

Crude Oil Price Drops on Unexpected Stockpile Build

He added , "This must be a two way street". Trump's efforts to contain spiking oil prices came amid piling pressure on the President ahead of November midterm congressional elections, in which he has to pr...More..

U.S. tariffs take effect, China warns of 'counterattack'
by | Saturday, July 07, 2018

U.S. tariffs take effect, China warns of 'counterattack'

US auto manufacture giant General Motors (GM) is also eyeing a loss in the face of the trade wars Washington is waging. China has vowed to hit back in kind on goods ranging from American soybeans to pork,...More..

Micron Stock Drops On China Court Ruling To Ban Its Memory Chips
by | Saturday, July 07, 2018

Micron Stock Drops On China Court Ruling To Ban Its Memory Chips

Founded in 1980 as a spin-out from from the government-led Industrial Technology Research Institute (ITRI) and Taiwan's first semiconductor company, United Microelectronics Corporation ( UMC ) is no strange...More..

Charting the US-China trade battle
by | Saturday, July 07, 2018

Charting the US-China trade battle

U.S. officials accuse China of building its emerging industrial dominance by stealing the "crown jewels" of American technological know-how through cyber-theft, forced transfers of intellectual property and sta...More..

by | Friday, July 06, 2018

Montreal unemployment rate drops to lowest level since December

Newfoundland and Labrador's unemployment rate is soaring. Despite the small bump in unemployment, a decade of steady job growth following the Great Recession has pushed unemployment to the lowest level in dec...More..

Trump delaying NAFTA deal until after midterm elections
by | Friday, July 06, 2018

Trump delaying NAFTA deal until after midterm elections

The winning candidate said he will make that proposal in a meeting Tuesday with current President Enrique Pena Nieto. I think the relationship will be a very good one. Trump has clashed with Canadian Prime Min...More..

China’s yuan sharply rises against dollar but stock markets unconvinced
by | Friday, July 06, 2018

China’s yuan sharply rises against dollar but stock markets unconvinced

The Shanghai Composite Index sank 2.5 per cent, more than wiping out a 2.2 per cent rally on Friday, and extending last month's 8 per cent rout. But a July 6 deadline is looming for Washington to impose tarif...More..

Iran: Hey Trump, 'Please Stop' With Your 'Indecent Tweets' Upping Oil Prices
by | Thursday, July 05, 2018

Iran: Hey Trump, 'Please Stop' With Your 'Indecent Tweets' Upping Oil Prices

The Republican president has lashed out at OPEC in recent weeks. Together they regulate the supply of oil that reaches the market from them to manipulate its price. Outside North America, looming USA sanctions ...More..

Trump Claims Saudi Arabia Will Boost Oil Production
by | Thursday, July 05, 2018

Trump Claims Saudi Arabia Will Boost Oil Production

President Donald Trump's administration has threatened close allies such as South Korea with sanctions if they don't cut off Iranian imports by early November. Trump threatened in an interview that aired on S...More..

MSP Hiked for Kharif Crops But Still It's Short of Cost +50%
by | Thursday, July 05, 2018

MSP Hiked for Kharif Crops But Still It's Short of Cost +50%

The highest increase in the MSP has been for Bajra which will now fetch Rs 1950 per quintal against Rs 1425 last Kharif season. The Indian Express had reported that the previous best hike for MSP for paddy w...More..

Trump Tells FCC to Deny China Mobile US License
by | Thursday, July 05, 2018

Trump Tells FCC to Deny China Mobile US License

The company had 901.9 million mobile subscribers, 671.8 million of which are on its 4G network, as of May 31. "After significant engagement with China Mobile, concerns about increased risks to U.S. Beijing ...More..

Defending champ 'Jaws' Chestnut sets record with 74 hot dogs
by | Thursday, July 05, 2018

Defending champ 'Jaws' Chestnut sets record with 74 hot dogs

Chestnut, described on ESPN has having the "the esophagus of a champion" and the "the stomach of a warlord" scoffed down 74 hot dogs and buns in just 10 minutes. Master of Ceremony George Shea, top centre, anno...More..

US Chamber says $75 bn in US exports subject to counter-tariffs
by | Thursday, July 05, 2018

US Chamber says $75 bn in US exports subject to counter-tariffs

Of the 10 states facing the biggest financial losses, seven voted for Trump in the presidential election, according to the report. China has warned that it won't yield to Trump's pressure. In the European Com...More..

HNA Says Co-Chairman Wang Jian Died After Accident in France
by | Thursday, July 05, 2018

HNA Says Co-Chairman Wang Jian Died After Accident in France

The 57-year-old "accidentally fell causing serious injury, and attempts to rescue him were ineffective", the HNA board said in a report from AFP on Wednesday. In recent months, the Group has been forced to get ...More..

Hyundai claims FCA buyout rumor is ‘totally groundless’
by | Wednesday, July 04, 2018

Hyundai claims FCA buyout rumor is ‘totally groundless’

Hyundai could be a good partner to FCA since it is now relatively weak in the Asian region, where Hyundai has a strong base. The report suggests that the bid will likely take place before FCA CEO Sergio Marchi...More..

Watch LeBron James' iconic 10-story banner in Cleveland get torn down
by | Wednesday, July 04, 2018

Watch LeBron James' iconic 10-story banner in Cleveland get torn down

This is especially true considering that James agreed to a multi-year deal , which is something he was not willing to do with Dan Gilbert and the Cleveland Cavaliers . Will Kawhi Leonard end up being traded...More..

by | Wednesday, July 04, 2018

The World Was Not Ready For Donald Trump’s Enormous FART… Act

Trump, she said, would like to see the system get fixed, and that's what he's focused on doing. Peter Morici, former chief economist at the U.S. International Trade Commission, said on Tuesday the United Stat...More..

by | Wednesday, July 04, 2018

Trump administration seeks to drop Iran's oil revenue to nothing

Saudi Arabia has been pumping around 10 million bpd in recent months and sources close to its oil policy have said it could raise output to 11 million bpd. "If production increases as we now forecast, a large...More..

European Union warns Trump's vehicle tariffs threaten $300 billion of U.S. exports
by | Wednesday, July 04, 2018

European Union warns Trump's vehicle tariffs threaten $300 billion of U.S. exports

Technology shares rose, boosted by Microsoft, Apple and Facebook, which all increased by 1 per cent or more . Hong Kong's markets were closed for a market holiday. China, Canada, Switzerland, Norway, Turkey, C...More..

Walmart boycott campaign launched after outcry over 'Impeach 45' clothing
by | Wednesday, July 04, 2018

Walmart boycott campaign launched after outcry over 'Impeach 45' clothing

News of the shirt prompted a #BoycottWalmart movement on Twitter and social media, with a large number of supporters jumping in. Ryan Fournier , chairman of the group Students for Trump , was one of the f...More..

German coalition teeters as minister offers to resign over migrants
by | Wednesday, July 04, 2018

German coalition teeters as minister offers to resign over migrants

It is unclear what effect Seehofer's resignation as interior minister and CSU leader, if he goes through with it, would have on the two conservative parties' governing coalition with the center-left Social Demo...More..