Money

Money TPG, Vodafone Australia to merge in bid to compete against Telstra, Optus
Author: 0 TPG, Vodafone Australia to merge in bid to compete against Telstra, Optus

Follow Business Insider Australia on Facebook , Twitter , LinkedIn , and Instagram . Following the merger, Vodafone Australia should have a net debt of around AU$1.944 billion plus a spectrum payment of AU$80 million on January 31, while TPG will have a net debt of around AU$1.672 billion plus a spectrum payment of AU$352 million on January 31, with Berroeta calling the merged entity "a more sustainable company".

Money Nigeria's GDP slows in Q2 2018
Author: 0 Nigeria's GDP slows in Q2 2018

NBS said that it reported in the second quarter of 2017 that the country was out of recession as the country recorded the first positive growth in Gross Domestic Product (GDP) following five quarters of contradiction. "This should not be wrongly interpreted as the economy is still in recession, " Ichedi said. He expressed optimism that once these issues are addressed, the country would be able to achieve positive growth in the oil and gas sector.

Money Elon Musk reignites Twitter slur controversy
Author: 0 Elon Musk reignites Twitter slur controversy

But now, oddly, Musk is back to insinuating Unsworth is a pedophile . "He was offered free legal services", Musk said in a response to Drew Olanoff, who is vice president of communications for Scaleworks, a San Antonio-headquartered venture equity firm.

Money Over 99 per cent of demonetised notes back with RBI
Author: 0 Over 99 per cent of demonetised notes back with RBI

These estimates, it has not become clear, were wild guesses: the RBI has indicated that 99.3% of the demonetised currency or roughly Rs 15.31 lakh crore was returned. "I suspect that the bulk of the Rs 13,000 crore is currency in Nepal and Bhutan and some that was lost or destroyed". This meant just Rs 10,720 crore of the junked currency did not return to the banking system.

Author: 0 Google customises its services for India’s 390 million internet users

Now, it will be known as Google Pay . According to Rajan Anandan , Vice President, India and Southeast Asia, Google India, his firm is creating more locally relevant experiences for Indians and to bring them online. It supports 28 languages, including Hindi, Bengali, Malayalam, Marathi and Tamil, even on 2G connections. To achieve this, Google has tweaked the OS to make it lightweight, redesigned existing elemental apps like Maps, Files and YouTube and included deeper voice integration.

Money Global Stocks Rise as U.S., Mexico Near Trade Deal
Author: 0 Global Stocks Rise as U.S., Mexico Near Trade Deal

Foreign Affairs Minister Chrystia Freeland is in Europe this week on diplomatic visits to Germany, Ukraine and France. And he thinks this will put pressure on Canada to get a deal. Disputes between the United States and its trading partners have been a drag on investor sentiment for much of the year despite solid economic fundamentals and two robust quarters of corporate earnings.

Author: 0 Oil gains, supported by rising stock market, U.S.-Mexico trade deal

In announcing the tentative accord Monday at the White House, Trump said a new pact would be called "the United States-Mexico Trade Agreement ". Trump's announcement of the agreement with Mexico - a move that clears the way for Washington to turn its focus to Ottawa and contentious bilateral issues such as dairy supply management - was accompanied by a threat to slap Canada with a 25 per cent tariff on auto imports if the two countries don't reach a deal to revamp the 24-year-old trade ...

Money China's Didi suspends ride-sharing service after murder
Author: 0 China's Didi suspends ride-sharing service after murder

Didi, however, didn't immediately investigate the complaint. Earlier on Sunday, Didi Chuxing said it would suspend its Hitch carpooling service from August 27 due "disappointing mistakes" while the company reevaluated the product's business model.

Author: 0 Hog, Corn Futures Jump as U.S., Mexico Agree on Trade Deal

The United States has reached a preliminary "understanding" with Mexico that could lead to an overhaul of the 24-year-old North American Free Trade Agreement , President Trump said yesterday. It is also projected to cut hundreds of thousands of auto industry jobs on both sides of the border and raise the prices of automobiles for consumers.

Author: 0 Trump announces US-Mexico trade deal

Overnight, Reuters reported that a broad-based rally pushed the S&P 500 and the Nasdaq to record-high closes for the second straight session on Monday as a trade agreement reached between the United States and Mexico buoyed investor sentiment.

Money Toyota to invest $500 million in Uber for self-driving cars
Author: 0 Toyota to invest $500 million in Uber for self-driving cars

They have yet to identify the third partner, said the person, who asked not to be identified because the details are private. Public road testing with Uber's self-driving Volvos is still on hold after one of its vehicles killed a pedestrian in Tempe, Arizona, in March.

Money Trump says 'incredible deal' reached with Mexico on trade
Author: 0 Trump says 'incredible deal' reached with Mexico on trade

Calling the deal "very good" for U.S. farmers and manufacturers, Mr Trump said Mexico has agreed to purchase "as much farm product as possible" immediately. The US trade representative, Robert Lighthizer, and the Mexican secretary of economy, Ildefonso Guajardo, walked together into the White House without talking to reporters on Monday.

Money Buffett May Buy Stake in India's Paytm
Author: 0 Buffett May Buy Stake in India's Paytm

If the talks with Berkshire Hathaway are successful, the valuation of Paytm , which entered the unicorn club previous year with a $200 million funding round led by Alibaba, could go past the $10 billion mark. In addition, it has been diversifying its business across financial services and offline payments after acquiring customers through services such as mobile recharges, rail and air bookings, movie ticketing and utility bill payments.

Money Trump Org CFO Allen Weisselberg given immunity by prosecutors to testify
Author: 0 Trump Org CFO Allen Weisselberg given immunity by prosecutors to testify

By any objective measure, last week was a disastrous news week for President Trump as his former campaign manager Manafort was found guilty of eight counts of bank and tax fraud, and his former attorney Cohen pled guilty to campaign finance crimes and directly implicated Trump as a co-conspirator.

Money Saudi Arabia Aramco IPO reportedly called off
Author: 0 Saudi Arabia Aramco IPO reportedly called off

The money would have gone to the government's Public Investment Fund (PIF), largely to fund projects creating jobs. Even if the IPO is eventually revived, the Aramco-Sabic deal will allow the kingdom to achieve some of the original aims Crown Prince Mohammed bin Salman set for the jumbo share sale.

Money WeChat, Alipay to Block Crypto Transactions on Payment Platforms
Author: 0 WeChat, Alipay to Block Crypto Transactions on Payment Platforms

Ant Financial reported in an interview with Beijing News that they would be "beefing up" its efforts to regulate and monitor the accounts of both merchants and customers operating on the Alipay app, which helps to facilitate trade in a variety of different industries.

Money World Bank launches world-first blockchain bond
Author: 0 World Bank launches world-first blockchain bond

The bond's investors include CBA , First State Super, NSW Treasury Corporation, Northern Trust, QBE, SAFA, and Treasury Corporation of Victoria. CBA told Reuters that the two-year bonds had priced to yield 2.251 percent. Launched in June of 2017, its Blockchain Innovation Lab studies the impact of blockchain and other disruptive technologies on such sectors as land administration, supply-chain management, health, education, cross-border payments and carbon-market trading.

Money DNC votes to limit influence of superdelegates in presidential nominating process
Author: 0 DNC votes to limit influence of superdelegates in presidential nominating process

Defenders of superdelegates note that, in the more than three decades since they were created, their votes have never changed the outcome of the party's primaries and caucuses. But opponents of the reforms continued to make their case ahead of the vote, making for a tense and emotional meeting at times. "It is really kind of freakish to be on the same side as Perez on these issues and I'm glad we are", said Selina Vickers, a West Virginia social worker and progressive activist who ...

Money Fire breaks out near Tesla production unit in US
Author: 0 Fire breaks out near Tesla production unit in US

Firefighters quickly responded to the scene and extinguished the blaze with no reported injuries. "A fire burned outside the Tesla production plant, sending black smoke billowing skyward". About this on Twitter said the head of Tesla Ilon Musk. "I was just there". He was appreciative of the the fire department's swift response. Tesla told the Wall Street Journal that the fire wouldn't impede the production of the Model 3 sedan.

Money United States and Mexico close to reaching NAFTA deal, sources say
Author: 0 United States and Mexico close to reaching NAFTA deal, sources say

Seade said he and Lighthizer last week began discussing a new review approach, one that would have longer periods between reviews, providing more certainty for business investments. Trump's proposed foreign auto tariffs are reportedly a sticking point in talks. The U.S. -Mexico talks for weeks focused on crafting new rules for the automotive industry, which Trump has put at the center of his drive to rework the 24-year-old deal he says has been a " disaster " for American workers.

Money P&G want to *own* FML, NBD, LOL, and WTF. WTF?!
Author: 0 P&G want to *own* FML, NBD, LOL, and WTF. WTF?!

Patent and Trademark Office in Alexandria, Virginia, for trademarks for three-letter acronyms, including LOL and WTF. Apparently P&G applied for the acronyms to be used in household products such as liquid soap and air fresheners; although which specific products they'd be using it for has yet TBA.

Money Steady rate hikes protect U.S. recovery: Fed chief
Author: 0 Steady rate hikes protect U.S. recovery: Fed chief

Several protesters from the progressive group Fed Up stood outside the conference room where Powell delivered the speech . Until Friday, most economist forecasts had suggested the Fed would raise rates so the top end of that range hits 3.25% around the end of 2019.

Author: 0 Trump executive granted immunity in Cohen inquiry

A new poll shows President Trump's approval rating holding "remarkably stable" in the days following the conviction of former campaign Chairman Paul Manafort and the plea deal involving his onetime personal lawyer, Michael Cohen . And now everyone from Michael Cohen to Omarosa to Sacha Baron Cohen is releasing audio and video tapes exposing Trump as a liar. According to court filings, Cohen in early 2017 submitted an invoice to Weisselberg seeking to be repaid for legal expenses and ...

Money Amazon's Army Of Human Bots Use Twitter To Defend Work Ethics 08/27/2018
Author: 0 Amazon's Army Of Human Bots Use Twitter To Defend Work Ethics 08/27/2018

TechCrunch discovered 15 accounts following a standardized format after the Twitter user Flamboyant Shoes Guy drew attention to them . "The most important thing is that they've been here long enough to honestly share the facts based on personal experience", a spokesman for the business told the BBC .

Money New Australia PM rewards allies, keeps rebels in cabinet
Author: 0 New Australia PM rewards allies, keeps rebels in cabinet

Mr Morrison outlined the new team with a pledge to restore "stability" to the government and bring "healing" to his own party, amid lasting anger among his own MPs over the tactics used during the leadership turmoil. Former health minister Sussan Ley is restored to the frontbench but not the cabinet as assistant minister for regional development. Coleman will replace Alan Tudge who backed Mr Dutton.

Money Ryanair to introduce hand luggage fees for small suitcases
Author: 0 Ryanair to introduce hand luggage fees for small suitcases

Instead, it argued that the move was meant to cut delays. There will be no luggage carried in the hold free of charge from November, with passengers having to pay £8 to check in a 10kg bag. You'll still be able to bring a "small personal bag" with you, but good luck fitting all your clothes - or anything, for that matter - into that. If they wish to take a second bigger 10kg wheelie bag they will be charged £8 at the time of booking.

Money Bitcoin price drops as SEC rejects nine applications for exchange-traded funds
Author: 0 Bitcoin price drops as SEC rejects nine applications for exchange-traded funds

America's SEC is already revisiting its decision to reject proposals for nine Bitcoin-backed exchange traded funds... The crypto investors and worldwide Bitcoin ( BTC ) community members are waiting for a final decision form the SEC, but due to the regulator's negative view on other Bitcoin ETF proposals , they are not very positive.

Money Infiniti taunts us with another electric race vehicle we can't buy
Author: 0 Infiniti taunts us with another electric race vehicle we can't buy

That could be the greatest takeaway from this Prototype 10 Concept , because Infiniti has pledged to electrify all of its vehicles after 2021. Following the ground-breaking Prototype 9 concept first revealed at the 2017 Pebble Beach Concours d'Elegance ( earlier post ), Infiniti has "looked back to go forward" with the Prototype 10.