Turkey may be left outside F-35 fighter jet project

The U.S. argues that the radars of the Russian S-400 missile system would be able to track and spot the F-35. Washington is exploring whether it can remove Turkey from production of the stealth fighter jet, angered by Ankara's refusal to back... More..

by | Published more than a month ago
U.S. trade deficit drops as imports from China fall
by | Friday, March 29, 2019

U.S. trade deficit drops as imports from China fall

Export growth, however, continues to be constrained by slowing global demand and the dollar's strength a year ago, which is making US -made goods less competitive on foreign markets. The US trade deficit decrea...More..

European Union ignores United States calls to ban Huawei
by | Friday, March 29, 2019

European Union ignores United States calls to ban Huawei

Chinese Telecom equipment company Huawei Consumer Products division CEO Richard Yu gestures as he speaks on stage during the presentation the new P30 smart-phone, in Paris, on March 26. A national risk assessme...More..

Britain slams Huawei for failing to address security risks
by | Friday, March 29, 2019

Britain slams Huawei for failing to address security risks

And it concluded: "Overall, the oversight board can only provide limited assurance that all risks to United Kingdom national security from Huawei's involvement in the UK's critical networks can be sufficiently ...More..

USA officials order Chinese company to sell Grindr
by | Friday, March 29, 2019

USA officials order Chinese company to sell Grindr

The gaming company took full ownership in 2018. Though CFIUS has not responded to request for comment, Grindr has been under scrutiny for some time now. The move against Chinese ownership of Grindr is unlikel...More..

Lyft valued at $24.3 billion in first ride-hailing IPO
by | Friday, March 29, 2019

Lyft valued at $24.3 billion in first ride-hailing IPO

The offering also fulfilled a key strategic goal for Lyft: beating larger rival Uber to the market. Uber is expected to make an even bigger splash when it completes its IPO later this year. Lyft revealed a loss...More..

Coles scores exclusive deal with the world leader in online grocery
by | Thursday, March 28, 2019

Coles scores exclusive deal with the world leader in online grocery

Coles will install about 1000 machines that will be tasked with collecting orders that have been placed on a new website, then packing them inside two new automated facilities to be built outside Sydney and Mel...More..

Budget airline ceases operations, stranding passengers
by | Thursday, March 28, 2019

Budget airline ceases operations, stranding passengers

As all booked WOW Air tickets are no longer valid, and the airline is unable to pay any compensation or refunds, Iceland's flag-carrier Icelandair , EasyJet and Norwegian are offering reduced fares for affec...More..

Oil Extends Losses Into Second Session As US Stocks Rise
by | Thursday, March 28, 2019

Oil Extends Losses Into Second Session As US Stocks Rise

West Texas Intermediate crude settled 0.4% lower, at $58.82/Bbl, Kallanish Energy reports. With the U.S. Federal Reserve's remarks, which sent 10-year treasury yields to the lowest level since early 2018, ...More..

Energy Demand Rose at a Record Rate
by | Thursday, March 28, 2019

Energy Demand Rose at a Record Rate

Rising energy demand in the USA was partially caused by the impact of weather conditions, the IEA explained, as extreme temperatures made cooling and heating systems more important for Americans. accounting f...More..

Everything you need to know about Apple's new credit card
by | Thursday, March 28, 2019

Everything you need to know about Apple's new credit card

The Apple Card , announced in front of an audience at Apple's March event on Monday, will have no worldwide fees, no over limit fees, and maybe, in particular, no charges for missing a payment. While we al...More..

$750 million jackpot at stake in Wednesday Powerball drawing
by | Wednesday, March 27, 2019

$750 million jackpot at stake in Wednesday Powerball drawing

Or the world's most expensive auto - the $19 million Bugatti La Voiture Noire - for you and 38 friends. They didn't win the big jackpot, but a group of winners from a New Hampshire business plans to claim a $...More..

10-Year vs 1-Month Inversion Persists
by | Wednesday, March 27, 2019

10-Year vs 1-Month Inversion Persists

Former Chair of Federal Reserve of the United States Janet Yellen said on Monday that the us yield curve inversion did not signal a recession, but there might be a rate cut. The yield on the 2-year U.S. g...More..

Apple faces potential iPhone import ban after patent infringement ruling
by | Wednesday, March 27, 2019

Apple faces potential iPhone import ban after patent infringement ruling

In a separate decision issued by the ITC, the commission rejected Qualcomm's complaints that Apple infringed on a patent that deals with a battery-saving feature. Apple accuses Qualcomm of charging for invali...More..

Avocados recalled because of listeria risk
by | Wednesday, March 27, 2019

Avocados recalled because of listeria risk

The recall impacts " Henry Avocados " sold in bulk at stores in Arizona, California , Florida , New Hampshire, North Carolina and Wisconsin. It said there are no reported illnesses associated with this reca...More..

Aston Martin DBS GT Zagato - first sketches revealed
by | Tuesday, March 26, 2019

Aston Martin DBS GT Zagato - first sketches revealed

Each DBS is paired to a DB4 and the cars are not available separately. The first is that the company's heritage division in Newport Pagnell, Aston Martin Works, will be making a 19-unit continuation run o...More..

European leaders press for fairer trade relationship with China
by | Tuesday, March 26, 2019

European leaders press for fairer trade relationship with China

Chinese President Xi Jinping and his French counterpart Emmanuel Macron on Monday called for increased cooperation between the European Union and China, at a time of growing nervousness over Beijing's mas...More..

by | Tuesday, March 26, 2019

Uber is acquiring Middle Eastern rival Careem for $3.1 billion

Uber and Careem have now reached an agreement for Uber to acquire Careem for $3.1 billion where $1.7 billion will be in convertible notes and $1.4 billion in cash. Dubai-based Careem operates in over 120 cities...More..

Avocados recalled in 6 states over listeria concerns
by | Tuesday, March 26, 2019

Avocados recalled in 6 states over listeria concerns

Henry Avocado Corporation announced the recall after avocados at its packing facility tested positive for listeria . The company advises consumers to check the stickers on their avocados. Organic avocados car...More..

BA plane bound for Germany flew to Scotland by mistake
by | Tuesday, March 26, 2019

BA plane bound for Germany flew to Scotland by mistake

Passengers were bewildered by the experience and many took to Twitter to share the freakish incident. British Airways confirmed they contacted each passenger individually to apologise, and has launched an...More..

Apple announces its own credit card
by | Monday, March 25, 2019

Apple announces its own credit card

Purchases made directly from Apple - including the App Store and physical Apple Stores - will earn 3 percent. Apple Card also uses machine learning to display actual, useful details about your transactions....More..

White House says pardons for Trump associates not discussed
by | Monday, March 25, 2019

White House says pardons for Trump associates not discussed

But the summary , like so many things in the Trump era, seemed like another Rorschach test for a divided country: Where Trump's allies celebrated "no collusion", Democrats saw a mantra of their own: No exonera...More..

Read Elon Musk's email urging Tesla employees to help with deliveries
by | Monday, March 25, 2019

Read Elon Musk's email urging Tesla employees to help with deliveries

The lawyers spoke on behalf of Musk's tweet which he had written back on February 19, 2019. Musk re-iterated these claims in his latest filing. Musk amended the tweet within several hours. Musk voluntarily wa...More..

RIL says not violated USA sanctions on Venezuela
by | Monday, March 25, 2019

RIL says not violated USA sanctions on Venezuela

A senior US government official has told Indian media that private local refiners had stopped importing crude oil from Venezuela, noting the cooperation of Indian companies in this respect. "Reliance has been...More..

Naresh Goyal, wife step down from Jet Airways’ board
by | Monday, March 25, 2019

Naresh Goyal, wife step down from Jet Airways’ board

Rs 1500 crore would be infused by lenders consortium lead by the State Bank of India, earlier smaller PSU banks in consortium were unwilling but now they have agreed to pour in money. According to the BSE state...More..

Pinterest files to go public
by | Monday, March 25, 2019

Pinterest files to go public

The companies and the NYSE declined to comment. Other major technology companies including Google , Apple and Facebook trade on the Nasdaq. The filing comes a day after jeans maker Levi Strauss & Co's bloc...More..

Jet Airways suspends flights on 13 routes
by | Monday, March 25, 2019

Jet Airways suspends flights on 13 routes

The airline reduced its services on the Delhi to Bangkok route, Delhi to Singapore route, Mumbai to Bangkok route, and Mumbai to Singapore route were reduced from three flights daily to one flight per day a...More..

GM Investing $300M in Detroit-Area Plant for New EVs
by | Monday, March 25, 2019

GM Investing $300M in Detroit-Area Plant for New EVs

Barra, speaking to reporters after an event at the plant in Orion Township, outside Detroit, with Michigan Governor Gretchen Whitmer announcing the investment , said GM is focused on ensuring that all of the h...More..

Trump nominates outspoken critic of Federal Reserve to its board
by | Monday, March 25, 2019

Trump nominates outspoken critic of Federal Reserve to its board

When Trump decided not to reappoint Janet Yellen as Fed chair, Moore said: 'The job of the Fed chair is not just to be the lead person on monetary policy. A past critic of the Fed's bond purchase programmes...More..

Illinois jobless rate stays at 4.3 percent
by | Monday, March 25, 2019

Illinois jobless rate stays at 4.3 percent

The jobless rate in northern Berkshire County was 4.8 percent in Pittsfield or 4.9 percent in North Adams and its surrounding towns. "Governor Pritzker is beginning to implement a long-term strategy to active...More..

Treasury Yields 'Invert' in Possible Recession Sign
by | Sunday, March 24, 2019

Treasury Yields 'Invert' in Possible Recession Sign

Michael Darda, chief economist and market strategist at MKM Partners, said in a note that investors should wait for weekly and monthly averages to show an inversion before they read it as a "powerful recession ...More..

NZ's foreign minister arrives in Turkey for Muslim summit
by | Sunday, March 24, 2019

NZ's foreign minister arrives in Turkey for Muslim summit

The Turkish president has said the reaction and empathy shown by the New Zealand prime minister, Jacinda Ardern , following the attack on two mosques in Christchurch should be an example to world leade...More..

Levi Strauss makes its debut on the NYSE
by | Sunday, March 24, 2019

Levi Strauss makes its debut on the NYSE

And the brand is also contending with a shrinking number of department stores, once its traditional venue of distribution. Levi's wants to continue to grow the company from men's jeans to more products for ...More..

Netflix Testing a Mobile-Only Subscription Plan in India, Confirms Streaming Service
by | Sunday, March 24, 2019

Netflix Testing a Mobile-Only Subscription Plan in India, Confirms Streaming Service

Netflix has expanded tests of its low-priced mobile-only plan, according to sources, underscoring its exploration of other business models. This meant that Netflix has always been the most expensive streamin...More..

$625 million dollar Powerball numbers to be picked Saturday night
by | Sunday, March 24, 2019

$625 million dollar Powerball numbers to be picked Saturday night

The estimated lump sum payout would be $380.6 million before taxes. The Powerball jackpot went unclaimed. It is the seventh largest jackpot in USA lottery history. On May 18, Little Ferry resident Tayeb ...More..