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UK Prime Minister Responds After MPs Vote Down Her EU Deal


The motion will be debated in Parliament tomorrow (overnight New Zealand time) with a vote likely about 8am (NZ time). If that proves impossible, then a general election will be held. If the Government wins there will not be a general election and ministers will carry on in office. European Council president Donald Tusk tweeted: "If a deal is impossible, and no one wants no deal, then who will finally have the courage to say what the only positive solution is?" The Conservative Party ... Read More »

After the Brexit vote: what happens next?


The MP had previously said he was unhappy with aspects of the deal and wanted to see what the terms of the government's meaningful vote would be. I think it is now inconceivable that this Parliament, and this Speaker, will allow the United Kingdom to leave on WTO terms on March 29. Read More »

Newmont Mining to acquire Goldcorp for $10 billion


Barrick Gold and Randgold Resources said last year they would merge, and the deal was completed earlier this year. In Australia, Newmont owns half of the Kalgoorlie Super Pit, the Boddington gold mine in Western Australia, and the Tanami operation in the Northern Territory. Read More »

Trump predicts USA will reach trade deal with China

The data raises questions about the success of the trade war and increased tariffs imposed by US President Donald Trump against China in an attempt to reduce the US trade deficit. Crude oil imports for the full 2018 averaged 9.24 million bpd, up by a little over 10 percent on an annual basis, or 846,600 bpd more than the average daily import rate for 2017. Read More »

Passengers dealing with long lines at Hartsfield-Jackson's TSA checkpoints


An estimated 51,000 TSA agents are among them. President Trump wants border wall funding and top Democrats have refused the president. Approximately 800,000 federal workers are working without pay . So far, the airport that has seen some of the biggest effects of the partial government shutdown is Hartsfield-Jackson Atlanta International Airport. Read More »

Trump mocks Amazon’s ‘Jeff Bozo’ over divorce and tabloid exposure


The Post published a bombshell report over the weekend about Trump's meetings with Russian President Vladimir Putin . The president has also previously tweeted claims that Amazon benefits from billions of dollars in subsidies from the US Postal Service while paying "little or no taxes to state and local governments". Read More »

Trump mistakenly tweets his love for Tennessee hours before New Orleans appearance


The USDA did, however, extend a deadline for farmers to apply for payments to offset losses they incurred due to the trade dispute. The president is demanding $5.7 billion for his border wall. But he did address the trade deals he says he is negotiating on their behalf, and praised farmers for their work ethic and character. "We send [China] a lot of soybeans", Aron Carlson, who farms corn and soy in IN, told Bloomberg. Read More »

Family had to sit on floor of TUI plane

Their seat numbers were 41 D, E and F. But when they got on the plane there was an empty space underneath the numbers. The solution proposed by the airline was that for take off and landing Paula's daughter Brooke, 10, would take the last spare seat on the plane. Read More »

China's trade surplus with the U.S. grew in 2018 but tariffs bite

Total trade reached $ 4.62 trillion, a 12.6 percent rise from 2017, according to customs data. At the same time, China's imports from Russian Federation grew by 42.7 percent, reaching $59.08 billion. The world's second largest economy stuttered in December, suffering its worst trading month in two years. China's surplus is the U.S.'s trade deficit. Read More »

Routine Food Inspections Halted By US Government Shutdown


Scott Gottlieb sought to reassure stakeholders and consumers that the agency was operating to the best of its abilities. Some food producers do their own safety inspections, and the FDA says it will announce recalls when notified. Food-safety advocates have long argued that they should be inspected more frequently as a routine practice, but FDA has a limited number of inspectors. Read More »

China logs record trade surplus with USA in 2018

Exports in December unexpectedly fell 4.4 per cent from a year earlier, with demand in most of its major markets weakening. For the month, imports also unexpectedly contracted, falling 7.6 percent, the biggest decline since July 2016. But the buying fell off previous year after China imposed a 25% retaliatory tariff on the commodity in the summer. The figures come after a U.S. delegation held three days of talks in Beijing last week in the first face-to-face meeting since Donald Trump and ... Read More »

California utility PG&E replaces CEO amid bankruptcy worries


A Californian energy firm has said it plans to file for bankruptcy protection as it faces huge costs from last year's wildfires . The announcement on Monday followed the resignation of the power company's chief executive, Geisha Williams, who had been had the helm for less than two years. Read More »

SpaceX will lay off 10 percent of its staff to fund projects


Speaking about the employees who are being laid off, SpaceX said, "We are grateful for everything they have accomplished and their commitment to SpaceX's mission". In a tweet last week, Musk said test flights of the prototype for a Mars-bound spacecraft would be happening in the next four to eight weeks. The company is also heavily investing in several different research and development programs. Read More »

Flybe saved with creation of new airline group in £2.2m deal


Virgin has been struggling to feed its long-haul flights with passengers from other United Kingdom cities and Chief Executive Officer Shai Weiss said the deal will help. The company said it hoped to "maintain Flybe's current United Kingdom regional focus". "At the same time, Flybe suffered from a number of legacy issues that are being addressed but are still adversely affecting cashflows". Read More »

Local brewers feel effects from government shutdown


That breaks down to over 3,000 applications coming in every week. "If we wanted to release that out to say OH or New Jersey or Maryland or Pennsylvania we can't get that approved right now to do that", he tells WRDE. That means that neither that enthusiastic former home-brewer who was set to launch a new beer label nor your favorite local brewery or distillery can bring new products to market for now. Read More »

CEO of Canadian pot producer Aphria to step down


Aphria was hit with bad press in the past over its acquisition of Nuuvera as Neufeld and other executives held a substantial interest in the smaller firm and made a tidy profit. Following the plunge in shares in December, Aphria received a hostile bid from Green Growth Brands Inc (OTC: GGBXF ) Dec. 27, valuing the former at C$2.8 billion ($2.1 billion). Read More »

Norovirus Outbreak Sickens 277 on Oasis of the Seas


Almost 300 passengers on one of the world's largest cruise ships are seeing their vacations cut short after a norovirus outbreak spread through Royal Caribbean International's Oasis of the Seas . Passengers complained the ship was in "complete chaos" after they were forced to stay on board when the vessel docked in Falmouth, Jamaica. They said: "We're docked at Falmouth Jamaica". Read More »

How the Government Shutdown Is Preventing a Potential US-China Trade Deal


The Stock Exchange of Thailand was down slightly in Thursday afternoon trading as Asian markets delivered mixed results Thursday following the end of three days of trade talks between the USA and Chinese without significant breakthroughs. "If you want to gauge how investors are viewing the trade talks, just watch tech, and semiconductors in particular", said Jack Ablin, chief investment officer at Cresset Wealth Advisors in Chicago. Read More »

Ocasio-Cortez sparks debate with talk of 70 percent marginal rate


According to Politico , Rep. Emanuel Cleaver (D-Mo.) said, "I'm sure Ms. Cortez means well, but there's nearly an outstanding rule: Don't attack your own people". "I think she looks mature and they look juvenile", Walsh said. "This is basic stuff, especially if you hold yourself out to be the champion of workers", the campaign operative said. Read More »

Lawmakers demanding answers from data providers over sale of location data


After repeat questions on what that actually meant, a few days later T-Mobile US clarified that it was "winding down our location aggregation agreements". The spokesperson said everything will be finalized in March. "Upon investigating the alleged abuse and learning of the violation of our contract, we terminated the customer's access to our products and they will not be eligible for reinstatement based on this violation". Read More »

Quarterly GDP growth falls to six month low of 0.3%: ONS


Monthly GDP growth was more positive at 0.2%, following flat growth in September and growth of 0.1% in October 2018. "Accountancy and house building again grew but a number of other areas were sluggish". But these GDP numbers suggest there's more to the cooling down of growth toward the end of previous year - and worryingly so. Separate figures showed Britain's goods trade deficit widened unexpectedly in November to 12.0 billion pounds ($15.3 billion) from 11.9 billion pounds, worsened ... Read More »

Ghosn hit with more charges, release unlikely


Ghosn's wife, Carole , painted a glum picture of her husband's state, saying she's fearful for his health and that he's been denied access to his family since the November 19 arrest in Tokyo . Mr Ghosn, whose detention has drawn some criticism, denies all wrongdoing. His lawyer said on Friday that he would make another request for bail. Read More »

IPhone 11 will have triple camera, XR successor will have dual


However, Apple's most recent range of iPhones - the Xr, Xs and Xs Max - have failed to ignite the smartphone market. Apple has reportedly chose to stick with the LCD display on the XR until it brings out a new line in 2020, forsaking the OLED screens it reserves for its higher-end models. Read More »

Google Board Sued for Andy Rubin Sexual Harassment Coverup


A lawsuit filed by shareholders on Thursday alleged that Alphabet directors were complicit in behaviour that harmed the company by not reporting their executives' behaviour to authorities. "Mr. Rubin was notified, they said, and Mr. Page asked for his resignation". Google declined to comment on the lawsuits or whether it will respond. Read More »

Singapore retail sales decline 3 pct in November 2018


The retail sales increased 0.2 percent month-on-month on a seasonally adjusted basis in November, compared to a 0.3-percent decrease in October. Sales previously increased by 0.3% in October, unchanged from the original estimate. The slowdown leaves annual sales growth at its lowest levels since around May 2018. Despite monthly results beating forecasts, sales growth over the year slumped - dropping from 3.6% in October, to 2.8% in November. Read More »

Bank of Canada holds interest rate: Official statement


Last month, Poloz called the current level of interest rates "appropriate for the time being". "The global economic expansion continues to moderate, with growth forecast to slow to 3.4 per cent in 2019 from 3.7 per cent in 2018", the bank said in a press release. Read More »

Brazil approves Boeing-Embraer partnership, committing to keep local jobs


Both companies "welcomed" the approval in a joint declaration, stating: "The strategic partnership between Embraer and Boeing will enable both companies to accelerate growth in global aerospace markets". "Assuming the approvals are received in a timely manner, the transaction is meant to close by the end of 2019". Boeing said last month the partnership was expected to be neutral to its earnings per share in 2020 and accretive thereafter. Read More »

Powerball Skyrockets To A Whopping $100 Million Jackpot!


Last night, one in three Australians took part in one of the biggest Powerball draws ever . Despite there being no division one winners, a total of 2,467,864 prizes worth more than $44.1 million were won in divisions two to nine. The winning numbers are 3, 10, 7, 28, 34, 24, 31 and the powerball 14. There were no tickets sold with all six numbers in the latest drawing of the multi-state Powerball lottery and the estimated jackpot for Saturday's drawing is expected to grow to $96 million. Read More »

Cadillac to lead GM's EV strategy


GM hasn't yet said whether that first Cadillac EV will be a sedan, coupe or crossover, nor where it will be built. A GM spokesman declined to comment. GM in 2017 said it planned to launch as many as 20 electric cars by 2023 , including both battery-electric and fuel cell-electric models . General Motors will make Cadillac its first electric vehicle under the BEV3 platform, according to unnamed sources talking to Reuters . Read More »

Lenovo leads PC shipments for 4Q18 and for the year overall


IDC had shipments for the year flat (258 million) at -0.4 percent and places HP ahead of Lenovo at the top, but it did say US-China tensions could cause more problems. ZDNet, on the other hand, lays the blame on the ongoing trade war between the USA and China. Lenovo was the top PC maker in the quarter, capturing 14.2 percent of the market with 16.6 million units shipped, Gartner said. Read More »