Dow and S&P 500 are on pace for a record day

The five-year JGB yield rose 1 basis point to minus 0.250% and the 10-year yield climbed 1.5 basis points to minus 0.150%. Trump also offered concessions including no new tariffs and an easing of restrictions on Huawei Technologies Co Ltd [HWT.UL],... More..

by | Published more than a month ago
Amazon Fire TV Recast Drops to $130 Ahead of Prime Day
by | Monday, July 01, 2019

Amazon Fire TV Recast Drops to $130 Ahead of Prime Day

If you really don't want to fork out the monthly fee but would still like to snatch up some incredible Prime day offers, there is a way. What is Amazon Prime Day? . If you aren't and have never been, you c...More..

Kudlow Says Huawei Reversal by Trump Isn’t ‘General Amnesty’
by | Monday, July 01, 2019

Kudlow Says Huawei Reversal by Trump Isn’t ‘General Amnesty’

China's President Xi Jinping , right, greets US President Donald Trump before a bilateral meeting at the G20 Summit in Osaka. Kudlow told Fox News Sunday and CBS Huawei would remain on an American black ...More..

Safaricom CEO Bob Collymore dies, aged 61
by | Monday, July 01, 2019

Safaricom CEO Bob Collymore dies, aged 61

The Safaricom board, which hosted a media briefing a moment ago revealed that the death of Mr Collymore was a shock to the entire Safaricom community. He is survived by his wife Wambui Collymore and four childr...More..

Taylor Swift to headline Prime Day Concert
by | Monday, July 01, 2019

Taylor Swift to headline Prime Day Concert

In a statement on Wednesday, Jay Hanson, COO of eBay Americas, announced eBay's upcoming Crash Sale , while also not-so-subtly making a jab at Amazon: "eBay is primed to deliver exactly what shoppers want duri...More..

Saudi Arabia's economy grows 1.66% in first quarter
by | Monday, July 01, 2019

Saudi Arabia's economy grows 1.66% in first quarter

Extending the OPEC + deal to cut output by 1.2 mbd as well as reducing production by up to 1,800,000 barrels per day are the likely scenarios to be discussed during tomorrow's summit. "Demand is softening a li...More..

Trump And Xi Came To This Agreement During The G20 Summit
by | Monday, July 01, 2019

Trump And Xi Came To This Agreement During The G20 Summit

That could help Huawei restore some of its partnerships for consumer tech like smartphones and PCs, but networking hardware is likely to remain off-limits. The company has denied that it conducts espionage for ...More..

Lego strikes deal to buy back Legoland, other theme parks
by | Sunday, June 30, 2019

Lego strikes deal to buy back Legoland, other theme parks

Merlin, which owns The York Dungeon and Scarborough Sea Life Sanctuary, has accepted the bid from Kirkbi, the investment vehicle of Lego's Danish founding family, Blackstone and pension fund Canadian Pension ...More..

Pompeo meets Modi amid trade tensions, Iran crisis
by | Sunday, June 30, 2019

Pompeo meets Modi amid trade tensions, Iran crisis

The US had hiked tariffs on steel imports by 25 percent and aluminium imports by 10 percent previous year, neglecting India's continuous requests for an exemption citing the long-standing trade ties with the ...More..

Just in! Trump lifts Huawei ban, to resume trade talks with China
by | Saturday, June 29, 2019

Just in! Trump lifts Huawei ban, to resume trade talks with China

Mr. Trump took questions from reporters for over an hour at a closing press conference. Trump had threatened to extend existing tariffs to nearly all Chinese imports into the United States if the meeting brou...More..

Newark airport resumes flights after United Airlines plane makes emergency landing
by | Saturday, June 29, 2019

Newark airport resumes flights after United Airlines plane makes emergency landing

LaGuardia Airport's website confirmed that United Airlines flight 2098 for Houston left the NY airport at 7:57 a.m. and then was diverted to Newark airport. Inflatable slides were used to deplane passengers o...More..

Deepfakes pose puzzle for Facebook
by | Saturday, June 29, 2019

Deepfakes pose puzzle for Facebook

Sign-up now and enjoy one (1) week free access! Still, he said, there are decisions about what constitutes acceptable political speech and advertising that Facebook , as a private company, should not be making...More..

Biden Defends Civil Rights Record After Harris Blasted Him Over Segregation, Busing
by | Saturday, June 29, 2019

Biden Defends Civil Rights Record After Harris Blasted Him Over Segregation, Busing

California lawyer Tom McInerney signed up to be on Mr Biden's national finance team but said he notified the campaign this month that he was withdrawing his support. Watching from Japan, where he was attendin...More..

U.S. companies are trading with Huawei, despite sanctions
by | Saturday, June 29, 2019

U.S. companies are trading with Huawei, despite sanctions

That type of spending is going to be impossible for USA firms to replace. Some U.S. companies are classifying the products they sell to Huawei as non-domestic, which automatically exempts them from the Hua...More..

G20 members discuss economy, trade in Osaka Summit
by | Saturday, June 29, 2019

G20 members discuss economy, trade in Osaka Summit

He also offered an olive branch to German Chancellor Angela Merkel , saying, "She is a fantastic person, a fantastic woman and I'm glad to have her as a friend". In a prod at the Trump administration's increas...More..

President Trump optimistic about meeting with Chinese president at G20 summit
by | Saturday, June 29, 2019

President Trump optimistic about meeting with Chinese president at G20 summit

Trump's tweet came hours after US Secretary of State Mike Pompeo left New Delhi after meeting Modi. In early trade, MSCI's broadest index of Asia-Pacific shares outside Japan was up 0.02%, following on from...More..

Air Canada clinches Transat deal, but shareholder approval up in air
by | Friday, June 28, 2019

Air Canada clinches Transat deal, but shareholder approval up in air

Air Canada (TSX:AC) has announced that it is buying rival Air Transat (TSX;TRZ) for $13.00 a share. As part of the transaction, Transat A.T. Inc. "For our clients, it will offer even more choices and poss...More..

May tells Putin to stop destabilising activities - spokeswoman
by | Friday, June 28, 2019

May tells Putin to stop destabilising activities - spokeswoman

Earlier this month, Putin said it was time to "turn the page" on the countries' hard relationship after the poisoning. President Donald Trump arrived in Japan's Osaka on Thursday on the eve of a high-...More..

Steve Jobs' 'Spiritual Partner' Is Leaving Apple
by | Friday, June 28, 2019

Steve Jobs' 'Spiritual Partner' Is Leaving Apple

Look, I don't intend to come off as mean, I don't hate I've, but recent Apple products have been sub-par. Jony Ive is a long-time Apple designer who is responsible for pioneering numerous company's most ico...More..

Vape Nation: San Francisco Becomes First Major City to Ban E-Cigarettes
by | Friday, June 28, 2019

Vape Nation: San Francisco Becomes First Major City to Ban E-Cigarettes

After being signed, the ordinance becomes an effective policy 30 days later. In a statement , Breed said: "There is so much we don't know about the health impacts of these products , but we do know that e...More..

Trump jokes with Putin at G20: 'Don't meddle in the election, please'
by | Friday, June 28, 2019

Trump jokes with Putin at G20: 'Don't meddle in the election, please'

Russian president Vladimir Putin said liberalism has "outlived its purpose" and praised the rise of right-wing populism in Europe in an interview with the Financial Times . Putin referred to the meeting as a...More..

China needs trade deal as economy 'going down the tubes'
by | Friday, June 28, 2019

China needs trade deal as economy 'going down the tubes'

Very big trade deal. Administration officials have said that a 10 per cent tariff is more easily offset by Chinese companies absorbing the added costs and by declines in the value of China's yuan currency. ...More..

Ford set to shed 12000 jobs across Europe to boost profits
by | Friday, June 28, 2019

Ford set to shed 12000 jobs across Europe to boost profits

Ford is also closing a plant in France , three in Russian Federation, and is selling another in Slovakia. Around 2,000 of those are salaried positions, which are included among the 7,000 salaried positions F...More..

Chinese military collaborated with Huawei, papers show
by | Friday, June 28, 2019

Chinese military collaborated with Huawei, papers show

Song Liuping's remarks were made on Thursday at the company's headquarters in Shenzhen. Reports said Wednesday Huawei has collaborated on research projects with the People's Liberation Army and has close ti...More..

Lightyear reveals 724 km range solar-charging EV, the One
by | Friday, June 28, 2019

Lightyear reveals 724 km range solar-charging EV, the One

Each wheel is independently driven, minimising loss of energy throughout the drivetrain, while the use of ultra-light materials for its body construction reduces strain on the battery's output. Mr Hoefsloot sai...More..

Google Maps Leads About 100 Drivers Into A 'Muddy Mess' In Colorado
by | Thursday, June 27, 2019

Google Maps Leads About 100 Drivers Into A 'Muddy Mess' In Colorado

Connie Monsees was on her way to pick up her husband at the airport when she encountered the wreck on Peña Boulevard . Naturally, she took it. To make matters worse, the dirt road was only wide enough for one...More..

AbbVie to acquire Allergan in $63B deal
by | Thursday, June 27, 2019

AbbVie to acquire Allergan in $63B deal

Allergan shareholders will receive 0.866 of an AbbVie share and US$120.30 in cash for every Allergan share held, totaling US$188.24 for each Allergan share. The 2017 USA tax overhaul cut corporate levies to ...More..

by | Thursday, June 27, 2019

Alabama Ford Dealer Giving Away American Flag, Bible, Shotgun With Every Purchase

According to Chatom Ford's Facebook page , one couple has already taken them up on their offer. "Starting from the time between now and the end of July, to July 31, everyone that comes into our dealership an...More..

Democratic Debate: Technical Failures Force NBC to Cut to Commercial
by | Thursday, June 27, 2019

Democratic Debate: Technical Failures Force NBC to Cut to Commercial

But they also turned their fire on each other, most often targeting Beto O'Rourke. The intensity of the exchanges after six months of a relatively mild campaign reflected the high stakes in what could be a ma...More..

US, China '90% of way' to trade deal: Mnuchin
by | Thursday, June 27, 2019

US, China '90% of way' to trade deal: Mnuchin

We've had negative news regarding trade with China since May... USA stocks opened higher on Wednesday, as chipmaker Micron Technology's upbeat results lifted technology shares and Treasury Secretary Steven...More..

Bitcoin and the Federal Reserve
by | Thursday, June 27, 2019

Bitcoin and the Federal Reserve

Trump tweeted that the month of June was on course to be one of the best months in USA history, "despite a Federal Reserve that doesn't know what it is doing". But growth in the second quarter could be about...More..

Prime Day 2019 - A two-day parade of epic deals
by | Thursday, June 27, 2019

Prime Day 2019 - A two-day parade of epic deals

Yep - that's 65 hours of unreal deals through Amazon! The Minneapolis-based retailer is competing with Amazon by having their sale during Prime Day. For instance, Nickelodeon has teamed up with JoJo Siwa to...More..

Nintendo, Sony and Microsoft Rail Against Trump's Console Tariffs
by | Thursday, June 27, 2019

Nintendo, Sony and Microsoft Rail Against Trump's Console Tariffs

Accordingly, we respectfully request that the Administration remove HTSUS subheading 9504.50.00, covering video game consoles, from the final list of tariffs, and thus refrain from applying tariffs on these pro...More..

Draghi would be better Fed chairman than Powell
by | Wednesday, June 26, 2019

Draghi would be better Fed chairman than Powell

Congress "chose to insulate the Fed " from political pressure "because it had seen the damage that often arises when policy bends to short-term political interests", Mr Powell said in his speech at the Counc...More..

Gold soars to near six-year high
by | Wednesday, June 26, 2019

Gold soars to near six-year high

Palladium rose 0.4pc to $1,541.78 an ounce after hitting its highest since March 27 at $1,548.03 earlier in the session. "By the end of July, we believe the Fed will have seen enough to decide that action to ...More..