Tuesday, 23 April 2019
Latest news
Home » Finance

Finance

India grapples with failure of major airline

perth_map

A day after the airline suspended operations, hundreds of employees had gathered in the national capital seeking measures to revive the carrier, which has been in operation for almost 26 years. It has a fleet of 25 Boeing 737 planes, of which 17 are owned and rest 18 are on lease. Jet Airways has lost many employees as the crisis unfolded. Read More »

Crypto Startups Barred from Indian Central Bank Fintech Sandbox

perth_map

However, that being said, a sliver of hope remains in the regulation , as it appears to leave a backdoor open for crypto entrepreneurs in case "the applicants can show that either a different technology is being gainfully applied or the same technology is being applied in a more efficient and effective manner". Read More »

Stop & Shop negotiations continue Saturday

perth_map

The threat forced the store to close for about an hour and strikers disbanded shortly thereafter, an official from the United Food and Commercial Workers (UFCW) union confirmed. The company said it is also offering a defined benefit pension plan that pays between $1,926 and $2,644 annually per associate. "Perhaps there is a shift in the public view, where they see, 'Here are these underdogs who are exhausted of taking it on the chin and they're fighting back, '" Ryan says. Read More »

DC 5th grader among Americans killed in Sri Lanka bombings

perth_map

The letter , citing foreign intelligence officials, identified the group suspected of planning attacks as National Thowheeth Jama'ath. "This is, by all accounts , an intelligence failure", said Hoffman, explaining that security services are supposed to penetrate extremist networks and preempt attacks. Read More »

Ex-Nissan boss Carlos Ghosn hit by fresh charge

perth_map

Ghosn strenuously denies the allegations and insists they have been cooked up in a "plot" by Nissan executives wary of his plans to bring the Japanese vehicle giant closer to its French partner Renault. In a video message released earlier this month, Ghosn said he was the victim of a boardroom coup instigated by "backstabbing" Nissan executives concerned about his plans to merge Nissan with its French partner Renault, the Japanese company's biggest shareholder. Read More »

Warren Wants Student Debt Erased Through $640 Billion Plan

perth_map

Warren, who is now tied for fifth place among Democratic primary candidates according to the RealClearPolitics polling average , was also the first Democratic presidential hopeful to call on the House of Representatives to initiate impeachment proceedings against President Donald J. Read More »

MA adds jobs in March, unemployment steady at 3 percent

perth_map

The rate is the third-lowest in the country, tied with New Hampshire and behind Vermont and North Dakota. The Commonwealth's labor force expanded for the ninth consecutive month by 5,379, or 0.1 percent, to set a new record high of 4,360,317, as the number of unemployed increased by 2,089, the Virginia Employment Commission (VEC) reports. Read More »

United States won't renew sanctions waivers for nations importing Iranian oil

perth_map

Now, their time is running out. The United States had been deliberating over the past couple of months whether or not to renew some of the waivers while avoiding a spike in oil and fuel prices that could hurt USA consumers. allies that back President Donald Trump's hawkish stance against regional rival Iran - would work to make up the difference in oil to ensure that global markets are not rocked. Read More »

China's Huawei to launch 5G at Africa Cup of Nations

perth_map

The CIA has accused Huawei of funding from Chinese state security, The Times reported Saturday, adding to the list of security allegations dogging the embattled Chinese telecommunications giant. The company has said that such concerns by governments are unfounded. Meng was detained in December by Canadian officials at the behest of the Justice Department over claims she defrauded U.S. Read More »

Tesla investigating incident of car catching fire in Shanghai

perth_map

The video, apparently taken from a surveillance camera, shows a Tesla Model S parked along a line of cars when smoke begins to billow out from underneath, then catching fire immediately after. In March, a labeling mistake forced customs officers in Shanghai to suspend clearance for Tesla cars. Hopefully there's enough of the vehicle left for Tesla engineers to answer that question quickly. Read More »

Following 737 Max's Software Fix, Boeing Completes Test Flights

perth_map

Investigators have zeroed in on the system as a factor behind the Lion Air and Ethiopian Airlines crashes in October and in March respectively, killing almost 350 people in total. On Thursday, Air Canada heeded Garneau's call. A Flight Standardization Board, comprised of pilots who fly the 737, said in a draft report released on Tuesday that it reviewed "the modified Maneuvering Characteristics Augmentation System" and concluded simulator-based training is not necessary for pilots who ... Read More »

Blind River Easter Egg Hunts set for Saturday

perth_map

It's a popular alternative to the classic Easter egg hunt. This is the biggest egg hunt in the Borders, with more than 6,000 mini versions hidden in the Traquair Maze and lots of opportunities to win a bigger egg as well. Following the little ones, ages five through seven get started around 10:30 and the final group, ages eight through 12, starts at 11. Only $10 per person. Read More »

Pinterest, Zoom shares surge in market debuts after IPOs

perth_map

Questions have been swirling around demand for tech initial public offerings after Lyft , the nation's second-largest ride-hailing company, struggled to hold the gains it racked up in its high-profile stock offering earlier this month. "This IPO is us shouting out loud to the world that we are here to stay, to build, to care, and to deliver happiness". The message from CEO Ben Silbermann and corporate spokespeople was that Pinterest should not be compared to major social media companies ... Read More »

Oil prices inch up on signs of tightening global supply

perth_map

Earlier in the day, the upbeat retail sales and industrial production data from China helped ease concerns over the oil demand from the world's biggest oil consumer weakening amid an economic slowdown and helped the WTI gain traction in the first half of the day. Read More »

Here's What Is Open Over The Easter Long Weekend

perth_map

Winnipeg Transit will operate on a Sunday schedule on Good Friday. Both will be open normal hours on Saturday and Monday. - Mental Health Crisis Line: open 24/7. -6 p.m. They'll be open from 10 a.m.to 10 p.m. on Monday, except for the location at Cityplace, which closes at 7 p.m., the location at Main and Pritchard, which will be open from 9 a.m.to 9 p.m., and the location at Jefferson (express), which will be closed. Read More »

What's open, what's closed on Easter weekend in Saskatoon

perth_map

All libraries are closed on Good Friday . All federal, provincial, and municipal government offices, including city and town halls and ServiceOntario, will be closed Good Friday and Easter Monday. It is closed on Monday. Buses will run on a normal schedule on Good Friday . All Windsor Public Library branches will be closed Friday through Monday with the exception of the Central, Riverside and Budimir branches, which will be open Saturday from 9 a.m.to 5 p.m. Read More »

Easter Egg Hunt This Saturday in Gray Summit

perth_map

This will be the Action Riders' fourth annual Easter celebration. But when we talk of Easter, the first thing that anybody could think of are the Easter Eggs and Easter Bunny. The Easter Eggs are actually chocolate eggs and they are consumed to break the fasting during Lent. The beautifully restored former residence of Captain Richard Deane is famed for its house made pastries and expertly prepared brunch items like goose confit eggs benedict, brioche French toast and house cured charcuterie ... Read More »

Is There More Chinese Stimulus Ahead?

perth_map

Our view for the economy is still cautious", Jianwei Xu of Hong Kong-based Natixis said. "We think it [the stronger-than-expected data] is somewhat linked to the stimulus, but we can't attribute it all to it". "With credit growth now accelerating and sentiment improving, China's economy will bottom out before long if it hasn't already", he said. The country's economic growth for the fourth quarter had risen by 6.4% , matching levels last seen in early 2009. Read More »

Binance Announces Delisting of BCHSV with Shapeshift Following Suit

perth_map

The trend of delisting Bitcoin SV was started by Binance after its CEO Changpeng Zhao warned Wright to stop controversial behaviors towards the crypto community. Their argument is that by delisting BSV, Binance is attacking the Free speech of founders. "We've chose to delist Bitcoin SV #BSV from @ShapeShift_io within 48 hrs", he concisely noted. Read More »

Kia Habaniro concept unveiled

perth_map

At 171 inches long, the HabaNiro is nearly identical in length to the regular production Niro . The concept is 1.5 inches shorter than the production Kia Niro , six inches wider, three inches taller, on a wheelbase that's 5.2 inches longer. Read More »

Pakistan's finance minister quits amid criticism

perth_map

Pakistan Muslim League-Nawaz (PML-N) President Shehbaz Sharif, in a tweet, stated the PTI government had done "irreparable damage to the Pakistani economy". Prime Minister Imran Khan has urged the countrymen to show patience and don't get nervous in the current situation as the nations have to experience such difficulties in the process of reformation. Read More »

Beware of Fake Reviews Before Buying Products on Amazon

perth_map

Hitchins suggested Amazon should do more to purge its website of such content to which the company responded by stating that it uses a combination of techniques including investigation teams and automated technology to spot fake reviews. Check the dates of purchases and have a look at the specific date when the reviews were posted. We estimate more than 90 percent of inauthentic reviews are computer generated, and we use machine learning technology to analyze all incoming and existing ... Read More »

Amazon, facing entrenched rivals, plans to shut China online store

perth_map

There is market speculation that the USA technology giant has chose to close its major businesses in China, except for Kindle and cross-border e-commerce, the report said, adding that the announcement will be made sometime this week. The company said that it is shifting its focus to offering Chinese mainland consumers overseas products rather than goods from local sellers. FILE PHOTO: Amazon.com's logo is seen at Amazon Japan's office building in Tokyo, Japan, August 8, 2016. Read More »

Boston Dynamics’ Spot Toughens Up, Hauls a Truck

perth_map

Robotics and engineering firm Boston Dynamics has released new footage of its SpotMini robot , and has done nothing to quell fears of an impending robo-apocalypse. SpotMini is all-electric and can go for about 90 minutes on a charge, depending on what it is doing. Boston Dynamics has not announced a price point for its dynamic robots yet. Read More »

Facebook says it uploaded email contacts of up to 1.5 million users

perth_map

He noticed that when a new account was created, Facebook asked the user for their email password . After a slew of scandals related to data collection and privacy violations on its platform, Facebook has now been found collecting email contacts of 1.5 Mn new users without their consent or knowledge. Read More »

North Korea says it tested new weapon, demands Pompeo be sidelined

perth_map

Kwon Jong Gun's comments were released hours after the regime announced that the North had tested a new "tactical guided weapon", the latest display of Pyongyang's military capabilities. North Korea has since said it is mulling options for its diplomacy with the US, and Kim said last week he was open to talks with Trump only if Washington came with the "proper attitude". Read More »

VW SUV Coupe Concept wants to be both

perth_map

Roomzz, a three-row SUV, which is larger than the I.D. Crozz, a two-row SUV that debuted in Los Angeles in 2017. The multivariable all-rounder is a zero-emission SUV which is tailored to both family and business requirements. Pilot mode, the concept vehicle can drive autonomously without an active driver. The battery pack feeds two electric motors located on each axle with "a system output of 225 KW / 306 PS (electric 4MOTION)". Read More »

Hyundai Venue is Korean brand's smallest SUV yet

perth_map

Up front is Hyundai's cascade grille design and the split headlight theme used on the Korean brand's SUVs. The rising A-pillar leads to a roof that gently slopes towards the rear window, with a two-tone paintjob helping create a "floating" look for the roof. Read More »

Chewy Chips Ahoy voluntarily recalled for ‘unexpected solidified ingredient’

perth_map

The announcement said there have been reports of possible adverse health effects. The cookies were sold at retailers nationwide. Consumers who have the cookies are advised not to eat it. The cookies in question have best when used by dates of September 7, 8, 14 and 15 - all in 2019. According to the Miami Herald , Mondelez Global has not responded to questions about the "unexpected solidified ingredient", but consumers can contact the company with questions at at 1-844-366-1171. Read More »