Money

Money United Kingdom inflation up, London house prices fall by most since 2009
Author: 0 United Kingdom inflation up, London house prices fall by most since 2009

Duty on a bottle of wine rose on 1 February pushing the cost of a bottle up by 8p. A Reuters poll of economists had forecast an unchanged rate of inflation. Britain's modest inflation is also helping the Bank of England as it holds off on raising interest rates while it waits for the outcome of Britain's Brexit impasse.

Money Volvo says in-car cameras will monitor drivers to prevent distracted, drunk driving
Author: 0 Volvo says in-car cameras will monitor drivers to prevent distracted, drunk driving

The automaker is looking into whether or not insurance companies could offer special, favorable insurance to the Volvo community using these safety features . It also claims that both the speed limiter and the installation of in-car cameras illustrate how vehicle makers can "take active responsibility for the aim of achieving zero traffic fatalities by supporting better driver behaviour".

Money GBPUSD Selloff Ensues After Brexit Delay Response from European Council
Author: 0 GBPUSD Selloff Ensues After Brexit Delay Response from European Council

Eyes will be on UK Prime Minister Theresa May at the European Union summit in Brussels. "A People's Vote may not happen - so vote now". More than one million people had signed the petition by early afternoon on Thursday, following increased activity on the website after the Prime Minister's speech on Wednesday night.

Money UK Jobless Rate Fell in January
Author: 0 UK Jobless Rate Fell in January

The number of men in employment increased by 77,000 to reach a record high of 17.32 million in the three-month period. Business investment fell in every quarter previous year, the first time since the last recession a decade ago. Britain has more people in work than ever before and wages are continuing to grow despite a slowdown in the economy and the uncertainty created by Brexit.

Money Facebook adjusts filters to better thwart discriminatory ads
Author: 0 Facebook adjusts filters to better thwart discriminatory ads

Anyone who wants to run housing , employment or credit ads will no longer be allowed to target by age , gender or zip code . The Menlo Park, California-based company will also create a separate page where users can view all recent real estate-related ads and mandate advertisers certify that posts are compliant with federal anti-discrimination laws, among other steps.

Money Percent Say Ocasio-Cortez Is 'Villain' in Failed Amazon-NYC Deal
Author: 0 Percent Say Ocasio-Cortez Is 'Villain' in Failed Amazon-NYC Deal

The poll , conducted March 10-14, surveyed 700 NY registered voters. "Well, there's certainly blame enough to go around", he said. More people think that Amazon , Governor [Andrew] Cuomo, Mayor [Bill] de Blasio, the State Senate, and local Queens activists were villains in this saga than they were heroes .

Money Australia Unveils National Blockchain Roadmap With Additional Government Funding
Author: 0 Australia Unveils National Blockchain Roadmap With Additional Government Funding

The government also invested AU$350,000 (~$250,000) in Standards Australia to promote the development of standardized global blockchain standards. The idea is they will work with blockchain experts in order to develop Australia's national blockchain strategy, as well as contribute to an incoming government report into blockchain use-cases.

Money Federal Reserve signals no interest rate hikes in 2019
Author: 0 Federal Reserve signals no interest rate hikes in 2019

USA stock indexes were mostly lower late Wednesday afternoon as investors weighed the Federal Reserve's decision to rule out interest rate increases this year and its latest outlook on the US economy. But the new dot plot may be more scattered - with some officials projecting several more hikes while others see no further moves, or even a cut. Developments in the trade talks between the US and China helped pull the market lower earlier in the day.

Money Trump asks GM's CEO to sell Ohio plant or 'do something'
Author: 0 Trump asks GM's CEO to sell Ohio plant or 'do something'

Trump also tweeted on Saturday to urge GM to reopen the plant, saying: "Toyota is investing 13.5 $Billion in USA, others likewise. G.M". On Sunday, Trump also criticized David Green, the local UAW president at GM's Lordstown plant, labeling him a Democrat.

Money EU fines Google $1.7 billion for abusing online ads market
Author: 0 EU fines Google $1.7 billion for abusing online ads market

The fine, which is Google's third from the European Union in two years, relates to its use of AdSense technology to thwart competition for online ads between 2006 and 2016. The EU says that Google abused its dominant position again, this time concerning its AdSense business. The record was then broken again the following year when Google was slapped with a fine of $5 billion for forcing Android phone makers to preinstall its own apps and services - including the Google Play Store - ...

Money Lyft seeks to raise some US$2b in share offering
Author: 0 Lyft seeks to raise some US$2b in share offering

Smaller startups including Postmates Inc. and Slack Technologies Inc . are also considering going public in what's shaping up to be a burst of tech listings this year. Lyft will pitch investors on the simplicity of its business, while Uber is expected to play up its more diversified strategy, according to people familiar with the matter.

Money Worldpay valued on par with former parent RBS after FIS merger
Author: 0 Worldpay valued on par with former parent RBS after FIS merger

The deal creates the world's biggest electronic payments business by market value, linking banks and credit card companies with billions of consumers who are increasingly shunning cash. In Europe, startups such as Italy's Nexi plans to list in what could be one of Europe's biggest initial public offerings (IPOs) this year. CEO and Executive Chairman at Worldpay, Mr.

Money Jury: Roundup weed killer major factor in man's cancer
Author: 0 Jury: Roundup weed killer major factor in man's cancer

Monsanto's Roundup weedkiller atomizers are displayed for sale at a garden shop near Brussels, Belgium November 27, 2017. In a landmark verdict that could affect numerous other cases, a federal jury in San Francisco found Roundup herbicide to be a significant contributing factor in causing the cancer of a man from Santa Rosa, California.

Money Shares gain as Fed looms, pound rides new Brexit twists
Author: 0 Shares gain as Fed looms, pound rides new Brexit twists

An investor plays a mobile chess game while watching stock prices at a brokerage in Beijing, on March 19, 2019. Investors will particularly look to see whether legislators have adequately lowered their interest rate predictions to more closely line up their "dot plot", a diagram showing individual legislators' rate views for the next three years.

Money Paris, Singapore and Hong Kong tie as world's priciest cities
Author: 0 Paris, Singapore and Hong Kong tie as world's priciest cities

Zurich, Geneva and Osaka, Japan, round out the top five most expensive cities. Tel Aviv, Israel - the sole Middle Eastern country in the top 10 - tied with Los Angeles to rank tenth. Syria's Damascus was the second cheapest, followed by Tashkent, Uzbekistan. The cost of living in the United Kingdom has also increased. But while parts of Asia remain the most expensive places on Earth, the continent also makes several appearances at the bottom of the list.

Money The SEC calls for new contempt sanctions for Elon Musk
Author: 0 The SEC calls for new contempt sanctions for Elon Musk

This is the latest development in an ongoing dispute between Musk and the SEC . According to CNBC , punishments that the SEC could pursue include more fines, seeking to have Musk's activities further restricted, or "removing him from Tesla's board or helm"-the last of which could seriously impact not just Musk but Tesla, which is struggling to keep its balance sheet in the black, something necessary to fund its lofty ambitions ".

Money Karachi is the sixth cheapest city in the world
Author: 0 Karachi is the sixth cheapest city in the world

Bangalore is Asia's cheapest city, being more than twice cheaper than the three most expensive cities, according to the rankings . The cost of living in Istanbul has fallen sharply over the past year, taking the city to 120th place in a list of most expensive cities around the world, down from 44th, according to the Economist Intelligence Unit's (EIU) bi-annual survey of 133 cities released on March 19.

Money Fisker plans to launch $40,000, 300-mile electric SUV in 2021
Author: 0 Fisker plans to launch $40,000, 300-mile electric SUV in 2021

Reborn automaker Fisker-the brainchild of esteemed designer Henrik Fisker-revealed Monday its competitor to the newly announced Tesla Model Y , in the form of an electric crossover of its own. Inside, meanwhile, Fisker says its electric platform should open up the interior for more usable space. "Dashboard features will include a large heads-up display and a unique, intuitive user interface that will control some of the latest emerging in-vehicle technologies".

Money Anil Ambani’s RCom pays ₹4.62 billion to Ericsson
Author: 0 Anil Ambani’s RCom pays ₹4.62 billion to Ericsson

RCom said in a statement it had made the requisite payments plus interest to Ericsson. Earlier, Ericsson had moved the apex court seeking initiation of contempt proceedings against Anil Ambani for allegedly not complying with its order to clear dues of Rs 550 crore.

Money Germany's Deutsche Bank, Commerzbank to hold talks on merger
Author: 0 Germany's Deutsche Bank, Commerzbank to hold talks on merger

Unions have warned that a merger could put up to 30,000 jobs at risk. Germany's two largest banks issued short statements following separate meetings of their management boards, a person with knowledge of the matter said, indicating a quickening of pace in the merger process, although both also warned that a deal was far from certain.

Money President Trump talks to GM CEO about OH plant closure
Author: 0 President Trump talks to GM CEO about OH plant closure

The automaker also said that it has "opportunities available for virtually all impacted employees" at plants that are to be shuttered. Even as he said he talked to Barra, Trump was calling on GM to reopen its Lordstown plant or find another owner, while insisting that the Detroit automaker 'must act quickly'.

Money Major Government Contractor Interserve To Enter Into Administration
Author: 0 Major Government Contractor Interserve To Enter Into Administration

The GMB union, which represents Interserve workers, called for an end to the "disastrous experiment" of outsourcing. The rescue plan would have meant lenders being given the greater number of shares in the business with the shareholders' stake being reduced to 5%, the BBC has reported.

Money Powerball results for 03/16/19; did anyone win the $492 million jackpot?
Author: 0 Powerball results for 03/16/19; did anyone win the $492 million jackpot?

When a jackpot victor is determined, the prize will reset at $40 million. · In Michigan, one ticket sold won $50,000. The white balls are numbered 1 through 69 and the Powerball is numbered 1 through 26. "I said, 'Dad, I just won $1 million'". After taxes Bailey, 67, walked away with a check for $125 million. The Powerball jackpot was won eight times past year, including once in New Jersey .

Money CBOE Puts Brakes on Bitcoin Futures
Author: 0 CBOE Puts Brakes on Bitcoin Futures

Paul Chou, whose LedgerX exchange also allows traders to bet on Bitcoin futures , said in an email that he believes a lack of volume on the Cboe exchange may have been one factor. Another user asked how this would affect the price of Bitcoin, NicTrades responded by saying it likely won't have much impact at all considering CBOE volumes were much lower than that of CME Group.

Money OPEC builds case for keeping supply cuts
Author: 0 OPEC builds case for keeping supply cuts

This led to the US taking a number of steps in the 1980s to take away OPEC's monopoly in determining oil prices, and the USA has strengthened global commodity markets with Chicago and NY. A major advisor to energy producing nations has suggested that the continued fallout from Venezuela could present a "challenge" for global oil markets.

Money GERMANY: Volkswagen boss apologises for Nazi gaffe
Author: 0 GERMANY: Volkswagen boss apologises for Nazi gaffe

Herbert Diess, CEO of German carmaker Volkswagen is surrounded by media during the annual news conference at the Volkswagen plant in Wolfsburg, Germany March 12, 2019. Herbert Diess apologised on Thursday for a speech at a company event in which he repeatedly told VW employees: " EBIT macht frei ". Within Volkswagen, "brands with a higher margins have more freedom within the Group to make their own decisions".

Money Jaguar Land Rover to recall 44,000 cars over CO2
Author: 0 Jaguar Land Rover to recall 44,000 cars over CO2

A new report by industry journal, Automotive News Europe , the European Union's Safety Gate Rapex claims JLR vehicles with 2.0-litre engines (both petrol and diesel) may emit "excessive levels of Carbon dioxide and may not conform with the certified condition".

Money China industrial output growth falls to 17-year low levels
Author: 0 China industrial output growth falls to 17-year low levels

Analysts polled by Reuters had expected it to rise 6.0 percent, edging up marginally from 5.9 percent in 2018. "Looking into the future we expect more cities will take measures to stabilise their own markets, but we don't expect Beijing to lift the curbs across the board", said Daniel Yao, head of research at JLL China, a property services and investment management company.

Money SoftBank, Toyota in talks to invest $1B in Uber's self-driving unit
Author: 0 SoftBank, Toyota in talks to invest $1B in Uber's self-driving unit

But Uber is under scrutiny for its losses - its net loss was $842 million in the fourth quarter - and self-driving technologies are expensive. The late-stage discussions were reported earlier on Wednesday by the Wall Street Journal . If all goes to plan, commuters could ride an e-scooter to a transit station, take a train, then grab an e-bike, share a ride or take an e-scooter at the arriving station to complete a journey - all using an Uber app on a smartphone.