Money

Money Aston Martin unveils a $190,000 SUV
Author: 0 Aston Martin unveils a $190,000 SUV

Transmission is through a nine-speed gearbox, and the all-wheel drive system has active differentials and an electronic rear limited slip differential. The 40-20-40 split-rear seats leave 54 cubic feet of trunk space when they're laid flat. The Pet package has a portable washer-one wouldn't want a dirty animal spoiling the interior.

Money Oil prices extend losses on supply, trade war fears
Author: 0 Oil prices extend losses on supply, trade war fears

Meanwhile, crude inventories in the United States rose by 6 million barrels last week to 445.9 million, industry group the American Petroleum Institute said on Tuesday. West Texas Intermediate for December delivery fell $1.33 to $55.72/bbl on the New York Mercantile Exchange as of 11:23 a.m. The more-active January contract increased 43 cents to $55.78.

Money CN Rail strike worrying grain shippers as feds urge negotiation
Author: 0 CN Rail strike worrying grain shippers as feds urge negotiation

Agriculture Minister Devin Dreeshan echoed that statement. "Our problem is not with the people in general, but with CN", union spokesman Christopher Monette told reporters on Monday. "If those cars are not supplied, farmers can't deliver and are not paid". He said many crops are still in the fields because of fluctuating weather.

Money Budget airline easyJet to offset carbon emissions from all flights
Author: 0 Budget airline easyJet to offset carbon emissions from all flights

The carrier announced its plans in a statement on Tuesday, adding that it has already started to act to offset carbon emissions. The new EasyJet Holidays business , which will be launched in the United Kingdom before Christmas, taking bookings for city and beach trips for the winter 2019 and summer 2020 seasons, is expected to be "at least breakeven" for the full year .

Money Cost of calls, mobile data to increase
Author: 0 Cost of calls, mobile data to increase

Will take measures including appropriate increase in tariffs in the next few weeks, Jio said. It is, therefore, essential that the industry remains viable to support the vision of Digital India. Within 24 hours of the latter announcing that they are increasing tariffs, Reliance Jio said it will also look at the same. A TRAI source told PTI earlier on Tuesday that the telecom regulator will wait for operators to report their new tariffs to the authority before taking a view on whether the ...

Money UCP Ministers call on Trudeau to intervene in CN Rail strike
Author: 0 UCP Ministers call on Trudeau to intervene in CN Rail strike

The federal government is urging CN Rail and the Teamsters Canada Rail Conference to continue negotiating. Labour Minister Patty Hajdu and Transport Minister Marc Garneau will meet with both CN and Teamsters in Montreal on Monday as talks continue, Hajdu's press secretary Véronique Simard said in an emailed statement.

Money TikTok Making Huge Strides In Music Streaming & Creator Rights
Author: 0 TikTok Making Huge Strides In Music Streaming & Creator Rights

A foray into the USA is also reportedly expected by the group, but this is likely to happen only after it has acquired the rights from global music labels. To stay competitive, ByteDance , which Forbes and Bloomberg value at $ 75 billion , would charge less than $10 a month, undercutting Spotify and Apple services.

Money Trump doubles down on lower rates at Powell meeting
Author: 0 Trump doubles down on lower rates at Powell meeting

Powell did not discuss his expectations for monetary policy except to say that the path forward will hinge on incoming information that bears on the outlook for the economy, according to a Fed statement . A month later, Trump said Powell had "no guts" after he announced the central bank would reduce interest rates by a quarter point to address fears about slowing growth and worries that Trump's trade war will drag on.

Money Vegans sue Burger King over 'contaminated' fake meat in Impossible Burger
Author: 0 Vegans sue Burger King over 'contaminated' fake meat in Impossible Burger

That's the claim in a newly filed lawsuit against Burger King , in which a group of vegan costumers, led by Williams, are suing the restaurant over its popular meatless patty, TMZ reports. Beneath the blurb describing the dish, it says, "For guests looking for a meat-free option, a non-broiler method of preparation is available upon request".

Money Chick-fil-A Foundation's donations to anti-LGBT groups end
Author: 0 Chick-fil-A Foundation's donations to anti-LGBT groups end

The firm said its giving will now focus on education, homelessness and hunger. The foundation will no longer donate to the Salvation Army or to the Fellowship of Christian Athletes . The foundation is expanding its partnership with Junior Achievement USA to "support education" and its partnership with Covenant House International to "address youth homelessness", the release said.

Money WeWork may lay off at least 4,000 people
Author: 0 WeWork may lay off at least 4,000 people

The next 1000 employees will be leaving WeWork as it got the sell or shut down all its non-core companies like a private school in Manhattan. The layoffs could be announced as early as this week. The announcement will be part of the company's five-year plan to completely overhaul the business recovering from the brink of bankruptcy, the sources said.

Money Ford Mustang Mach-E, BMW i4 electric sedan, Tesla reliability
Author: 0 Ford Mustang Mach-E, BMW i4 electric sedan, Tesla reliability

The Mustang Mach-E, which will become available in late 2020, has a targeted range of at least 300 miles per charge and will, in a special performance version, have capacity to zip up to 60 miles an hour in under four seconds. Starting Sunday night, anyone can reserve a spot in a digital line for the Mustang Mach-E with a (refundable) $500 deposit. Actor Idris Elba , Ford's recently named spokesperson and former Ford factory worker in England, spoke about his Ford connection with ...

Money UK PM says every Conservative election candidate vows to back Brexit deal
Author: 0 UK PM says every Conservative election candidate vows to back Brexit deal

What worries business the most: A large regulatory border between the United Kingdom and the European Union after Brexit or a Labour government led by Jeremy Corbyn? Sterling climbed to a two-week high. Corbyn meanwhile pledged a major expansion of apprenticeships and said a Labour government would crack down on "tax tricks" used by wealthy individuals and corporations.

Money Crude oil prices under pressure as OPEC fails to curb supply
Author: 0 Crude oil prices under pressure as OPEC fails to curb supply

Secretary Wilbur Ross said in an interview on Fox Business Network Friday there was a very high probability the USA would reach a final agreement on a phase one trade deal with China. However, the momentum has slowed down, mainly because of the concerns over downturn in demand for crude oil. US production has continued climbing. The major influence was the renewed speculation that the U.S.

Money HP board unanimously votes no on Xerox takeover
Author: 0 HP board unanimously votes no on Xerox takeover

Despite Xerox's point that first movers in a consolidating industry have advantages, the deal would hardly be the first in computing, as tech powerhouse Dell Technologies Inc.in particular has rolled up a number of acquisitions in computing, storage, networking and software for many years now.

Money Yahoo Japan operator and Line eye merger in 2020
Author: 0 Yahoo Japan operator and Line eye merger in 2020

The icons for Z Holdings Corp's Yahoo Japan (left) and Line Corp's Line applications are displayed on a smartphone in this arranged photograph taken in Kawasaki, Kanagawa Prefecture, Japan, on Thursday. Z Holdings' current CEO, Kentaro Kawabe, will become a co-CEO with Line's Takeshi Idezawa. Chinese and USA tech giants funnel billions to trillions of yen into research and development annually while Japanese companies are left behind.

Money Oil Edges Lower after Crude Stockpile Build
Author: 0 Oil Edges Lower after Crude Stockpile Build

Futures rose as much as 0.9% in New York Friday morning after White House economic adviser Larry Kudlow said late Thursday negotiations between the two countries were coming down to the final stages. The average price of West Texas crude grade in NY stood at US$54.03 per barrel, comprising a decline by US$2.86 compared with the trading of September 2019.

Money US Supreme Court to hear Google bid to end Oracle copyright suit
Author: 0 US Supreme Court to hear Google bid to end Oracle copyright suit

Oracle says the Java APIs are freely available to those who want to build applications that run on computers and mobile devices. Google, part of Alphabet Inc, said an Oracle victory would chill software innovation. At the Supreme Court, Google argues that software interfaces are categorically ineligible for copyright protection. The Supreme Court in 2015 rebuffed a previous Google appeal in the case.

Money S.Arabia: Aramco sets IPO share price of $8
Author: 0 S.Arabia: Aramco sets IPO share price of $8

The price range has been set between 30-32 Saudi riyals per share ($8-8.5, €7-8 ). If Aramco manages to raise funds at top end of the range, it could just beat the record-breaking $25 billion raised by Chinese e-commerce giant Alibaba when it listed in NY in 2014.

Money Apple 'surprised' by Germany's new law to open up mobile payments
Author: 0 Apple 'surprised' by Germany's new law to open up mobile payments

But any company seeking to use the engineering on an iPhone-whether a financial institution or the London metro system-must move by way of Apple Pay back for a price. The company intends to fight the proposal and says, "We look forward to engaging with the German government to help them understand our technical approach to Apple Pay and we'll continue to work closely with the European Union regulators".

Money OPEC ups oil output in October
Author: 0 OPEC ups oil output in October

A slowdown in non-OPEC supply would help OPEC's effort to manage the market. Oil inventories in developed nations accumulated by about 9 million barrels during the third quarter, even as OPEC deliberately restrained output and Saudi Arabia lost supplies in the September 14 attack on its Abqaiq processing plant.

Money Qantas jet lands in Sydney after non-stop flight from London
Author: 0 Qantas jet lands in Sydney after non-stop flight from London

He then went on to specifically name the flight attendant and shared a shaky photo of a federal police officer, who greeted the group on disembarking the plane. "If didn't put away my laptop "in a rapid 2min time" I'd understand", Will.i.am tweeted. The police let me go. Qantas hit back in a statement and laid the blame on the American singer.

Money Bill Gates Becomes World’s Richest Person; Surpasses Amazon CEO Jeff Bezos
Author: 0 Bill Gates Becomes World’s Richest Person; Surpasses Amazon CEO Jeff Bezos

Gates, on the other hand, may have never relinquished the top spot were it not for his philanthropy. Bernard Arnault, Europe's richest person, came third on the list on Friday with fortune $102.7 billion. The Bezos couple finalised their divorce in April in what was reported as the biggest divorce settlement in history, entitling MacKenzie Bezos to Jeff Bezos' stocks worth around $36 billion.

Author: 0 Amazon accuses 'bias' in Pentagon contract

It is crucial for the country that the government and its elected leaders govern procurements impartially and without any political influence, Amazon said. Microsoft was Amazon's only rival in the final bidding for the winner-take-all contract, despite employees urging it to drop out. The JEDI contract was supposed to be awarded in September of a year ago, but some of the competing companies contended that Amazon had an unfair advantage.

Money Instagram Expands Hidden Likes Test to India, Around the World
Author: 0 Instagram Expands Hidden Likes Test to India, Around the World

Facebook started a similar experiment in Australia in September. I can't see the total number of likes on my post either while I just scroll down my feed. Some offer constructive criticism instead of drama and suggest that Instagram lets us choose whether we want to hide like counts or not. While Instagram claims that the experiment has been received positively so far, research by HypeAuditor , shows that it could actually hurt influencers and Creators.

Money Markets Right Now: S&P 500, Dow at records; Nasdaq falls
Author: 0 Markets Right Now: S&P 500, Dow at records; Nasdaq falls

The Russell 2000 index of smaller company stocks dropped less than 0.1% to 1,588.79. All eyes are on Federal Reserve Chair Jerome Powell's testimony before the House Budget Committee on Thursday after his comments about a "sustained expansion" ahead for the USA economy supported stock markets in the previous session.

Money Oil strengthens as Cushing drawdown faces commercial concerns
Author: 0 Oil strengthens as Cushing drawdown faces commercial concerns

In fact, President Trump poured could water on Friday over (exaggerated?) optimism surrounding the "Phase One" deal with China, stressing that there is still no decision on any roll over existing tariffs. Cushing inventories have grown for five weeks in a row, according to government data, up until its latest report for the week ended November 1. Traders are now eyeing next month's meeting between the OPEC and Russian Federation to determine if the group would deepen output cuts to prop up ...

Money Fire danger causes Nissan to recall over 450,000 vehicles
Author: 0 Fire danger causes Nissan to recall over 450,000 vehicles

Owners are advised to park affected vehicles outside and away from structures if the anti-lock brake system warning light comes on for more than 10 seconds. Strange. Regardless, the problem is the same one that we wrote about before , and Nissan added another 179,000 vehicles to the recall list this time.

Money Germany dodges recession with household and government spending spree
Author: 0 Germany dodges recession with household and government spending spree

Defying forecasts of a second quarterly contraction in a row in July-September, growth of 0.1 percent was "a hefty, but happy surprise", analyst Jens-Oliver Niklasch of LBBW bank commented. There have been some signs recently that the economy may be through the worst of its downturn, and business sentiment appears to have stabilized.

Money China trade hopes revive stocks, crude rises
Author: 0 China trade hopes revive stocks, crude rises

UnitedHealth, Humana and Danaher were all up more than 4%. But China's commerce ministry spokesman Gao Feng sounded a more positive note on Thursday, and said Beijing was "willing to work together with the USA. "Phase One" of the deal will reportedly address agriculture and intellectual property theft among other issues. "Looking forward for the SPX, it seems like the index will struggle to come for sale until there is a formal decision on "phase one" - any signs of doubt are being dismissed ...