Money

Money M&S reveals the 17 stores that will close next
Author: 0 M&S reveals the 17 stores that will close next

The plans are part of M&S's programme to "reshape its United Kingdom store estate". Simon Layton, head of region for Marks and Spencer Northern Ireland, said: "Our commitment to ongoing food expansion in Northern Ireland will continue with the opening of a new store in Carrickfergus this summer".

Money Jeremy Corbyn tables a vote of 'no confidence' in Theresa May's government
Author: 0 Jeremy Corbyn tables a vote of 'no confidence' in Theresa May's government

Many MEPs said the impasse at Westminster means the issue should be solved by a fresh referendum. May said parliament had spoken and the government had listened. Ms May now faces a no confidence vote on called by the opposition Labour Party. Amy Richards also supports a second referendum , having voted remain in 2016.

Money India's wholesale price inflation eases to 3.8% in December
Author: 0 India's wholesale price inflation eases to 3.8% in December

Annual wholesale price inflation last month was lower than a provisional 4.64 percent rise in November, and below a 4.42 percent increase forecast by economists in a Reuters poll. However, Sunil Kumar Sinha, principal economist at India Ratings, said RBI may watch out for the fiscal deficit target of 3.3% of GDP in 2018-19 which may be missed.

Money Saudis say OPEC oil cuts on `right track' to balance the market
Author: 0 Saudis say OPEC oil cuts on `right track' to balance the market

Slowing Chinese demand amid an environment of oil glut has been a cause of concern for Opec , which is now undertaking production cuts alongside producers outside the group led by Russian Federation to stabilise the price of crude, which fell from four-year highs in October to 30 per cent of its value in December.

Money Cabinet Source: May Could Resign if She Suffers Heavy Brexit Vote Defeat
Author: 0 Cabinet Source: May Could Resign if She Suffers Heavy Brexit Vote Defeat

When will the vote of no confidence take place? The results of the vote will then be due around 15 minutes after the motion begins. So, Mrs May would lose only if enough of her own Conservative members vote against the government. Mrs May would have to return to Parliament with a new proposal in the hopes of winning the extra votes she needs to get the deal across the line. However, it added: "But the removal of the government and pushing for a general election may prove impossible".

Money Huawei chief Ren Zhengfei denies USA spying claim
Author: 0 Huawei chief Ren Zhengfei denies USA spying claim

The company remains a linchpin in Beijing's effort to dominate future technologies by 2025 and a 2018 document from the Department of the Treasury showed that Huawei had about a 10th of the essential patents for 5G wireless networks. Ren's comments come as the telecom giant grapples with the arrest of its chief financial officer Meng Wanzhou . "Today I still love my country", he reportedly said.

Money Japan court denies bail to former Nissan chief Carlos Ghosn
Author: 0 Japan court denies bail to former Nissan chief Carlos Ghosn

Ghosn's lawyers have conceded that he is likely to remain in detention until his trial begins, mainly because he maintains his innocence and is considered a flight risk. Ghosn remains the head of Renault. The prospect of a lengthy detention could increase pressure on the Renault board and shareholders including France's government to appoint permanent new leadership for the carmaker.

Money GM shows off images of Tesla rivalling all-electric SUV from Cadillac
Author: 0 GM shows off images of Tesla rivalling all-electric SUV from Cadillac

It remains to be seen how much of the design will actually make it into production, though. We've just seen the reveal of the XT6 and also in the pipeline are a redesigned Escalade plus new CT4 and CT5 sedans. That said, GM has had the Volt on the roads for years, so ideally the company has been able to learn from that vehicle to make its next fleet of EVs even better.

Money Lawmakers to get chance to amend Brexit deal
Author: 0 Lawmakers to get chance to amend Brexit deal

For now, Britain's own statutes dictate an exit on March 29 , with or without a formal agreement. She expects to win the confidence vote scheduled for around 1900 GMT on Wednesday night. The main opposition Labour Party says it will try to trigger an election by calling a no-confidence vote in the whole government. Many Brexiters from the Conservative party, who combined with Labour to defeat the deal in parliament, have been talking down the dangers of a "no deal" Brexit , which ...

Money Ford and VW form alliance to develop vans and electric cars
Author: 0 Ford and VW form alliance to develop vans and electric cars

Furthermore, Ford Thailand Manufacturing in Rayong, Thailand, may continue to build the Australian-market Ranger while also handling additional volume from the Amarok , which is now sourced locally from Argentina and Germany, depending on the variant.

Money First US Crude Oil In Months Heads To China
Author: 0 First US Crude Oil In Months Heads To China

Brent crude was up $1.04, or 1.7 per cent, at $60.03 per barrel by 12:02 p.m. EDT. Oil prices fell on Monday after data showed weakening imports and exports in China, the world's second-largest oil consumer, raising the prospect of a slowdown in fuel demand.

Money Galway based Supermacs win their trademark case against fast food Giant McDonalds
Author: 0 Galway based Supermacs win their trademark case against fast food Giant McDonalds

The EUIPO, which is based in Alicante, Spain, ruled that McDonald's had not proven genuine use of Big Mac, which it trademarked in 1996, as a burger or restaurant name. Supermac's managing director Pat McDonagh said it represents a victory for small businesses all over the world. In a statement, Supermac's said it had won a David versus Goliath battle against trademark bullying by a powerful multinational.

Money Pest control company lists Lexington in 'Top Bed Bug Cities'
Author: 0 Pest control company lists Lexington in 'Top Bed Bug Cities'

In less than two decades, Cimex lectularius - better known as a bed bug, has gone from a rarely experienced irritant to a major problem says a company news release. Decrease clutter around your home to make it easier to spot bed bugs on your own or during professional inspections. Elevate luggage away from the bed and wall.

Money Car, Truck Of The Year Revealed At The Detroit Auto Show
Author: 0 Car, Truck Of The Year Revealed At The Detroit Auto Show

The G70 took home the prize for top auto, while the Kona (along with its electric counterpart) and Ram 1500 were recognized as utility vehicle and truck of the year respectively. Truck finalists included the Chevrolet Silverado 1500, GMC Sierra 1500. The Utility of the Year is the Hyundai Kona/Kona EV. Eligible vehicles, chosen from dozens, must be new or substantially changed.

Money Will Brexit happen? If Theresa May LOSES, will she CANCEL Brexit?
Author: 0 Will Brexit happen? If Theresa May LOSES, will she CANCEL Brexit?

Theresa May will put her Brexit deal to the Commons on Tuesday, with defeat nearly guaranteed. Conservative Party chairman Brandon Lewis said: " Jeremy Corbyn wants a general election on Brexit, but this morning failed five times to say what he would actually do on Brexit".

Money Newmont grabs Goldcorp in $10B deal that creates world's top gold miner
Author: 0 Newmont grabs Goldcorp in $10B deal that creates world's top gold miner

The stock-for-stock deal comes barely three months after Barrick move on Randgold Resources, which created the world's No. 1 gold company and prompted speculation that rivals would need to respond . He added that the cultures of the two companies are "well aligned, with strong commitments to zero harm, inclusion and diversity, and industry-leading environmental, social and governance performance".

Author: 0 China Having Hard Time With Tariffs, Will Reach Trade Deal Soon

The meetings in China were the first face-to-face discussions since Trump and Chinese President Xi Jinping met in Buenos Aires in December and agreed to a 90-day truce in the trade war that has disrupted the flow of hundreds of billions of dollars of goods.

Author: 0 United Kingdom family forced to sit on floor on flight

A couple and their daughter were forced to sit on the floor during a two-hour flight after Tui sold them seats that did not exist. Mrs Taylor, 44, from Alcester, Warwickshire said: 'We made sure we were three hours early at the airport to check in.

Author: 0 China's Foreign Trade Tops Record $4.6Trln in 2018 - Customs

China imported 30 percent more crude oil in December than a year earlier, Reuters reports, citing fresh customs data. The bigger trade gap may add pressure on the Trump administration to raise the tariffs on China further. China's trade growth slowed in 2018 as a tariff battle with Washington heated up and global consumer demand weakened. On a global level, China's exports have grown by 9.9 percent past year, but the Asian country also marked a 15.8 percent growth in imports.

Money Shutdown could slow flow of new craft beer
Author: 0 Shutdown could slow flow of new craft beer

We're going to take the next couple of minutes to talk about one of them - the craft beer industry. The shutdown only impacts new beers that will be sold out of state. The agency will be facing a huge backlog of applications. That's because a crucial seal of approval in the production process of new beers can not happen right now.

Money Government shutdown: FDA does less for food safety than you probably think
Author: 0 Government shutdown: FDA does less for food safety than you probably think

Some of the tasks which have been done by the FDA like the drug approvals and inspections, drug production facilities and the regulation of the tobacco products which are paid by the user fee. Barbara Kowalcyk, a professor in the Department of Food Science and Technology at Ohio State University, takes a more cautious view. "If those inspectors are not there what happens?" she asked.

Money Cadillac shocks Detroit Auto Show with electric SUV preview
Author: 0 Cadillac shocks Detroit Auto Show with electric SUV preview

Details about the vehicle were also being kept under wraps until closer to its launch date, which GM did not announce. What we do know is that the auto will be based on GM's "BEV3" electric vehicle platform, which means flexibility for use in any type of vehicle, along with front-, rear- and all-wheel-drive configurations.

Money California utility PG&E replaces CEO amid bankruptcy worries
Author: 0 California utility PG&E replaces CEO amid bankruptcy worries

The company said Monday that it has only about $1.5 billion in cash and cash equivalents on hand. PG&E CEO Geisha Williams stepped down from her position on Sunday. The utility said bankruptcy was the best way forward for employees and those who are claiming losses from wildfires that may have been caused by its power lines.

Author: 0 China December exports unexpectedly drop

Asian shares and U.S. stock market futures fell as the surprisingly weak Chinese data added to fears of weaker corporate profits and investment, while the yuan currency gave up some of its early gains. But December's gloomy data seemed to suggest the USA front-loading effect has tapered off, and after several months of falling factory orders a further weakening in China's exports is widely expected in coming months.

Money Musk’s SpaceX planning to cut 10% of its workforce
Author: 0 Musk’s SpaceX planning to cut 10% of its workforce

But as the Los Angeles Times noted Friday, cuts have been intermittent at SpaceX. "This means we must part ways with some talented and hardworking members of our team ", the statement continued. The company is also heavily investing in several different research and development programs. In a statement late January 11, the company confirmed that SpaceX is laying off a portion of its workforce in the first large-scale reduction of its workforce since the company was founded in 2002.

Money Stobart Teams Up With Virgin Atlantic To Buy Flybe
Author: 0 Stobart Teams Up With Virgin Atlantic To Buy Flybe

Ports of Jersey has called the sale of Flybe "positive news " but says it is yet to have any formal discussion with the airlines and businesses involved. The three firms have committed to make a £20m bridge available to support Flybe's current operations, while an additional £80m will be provided to the combined group.