Newark Airport temporarily halted flights after drone sightings

The brief pause comes amid concern over the potential for drones to wreak havoc on air traffic. No flying drones in the way of police or firefighters. Lovely, ' Michael T. Rose said. "Hope you're on the ground soon too". You just shut down all arri... More..

by | Published 17 hours ago
Maruti starts booking for updated Baleno
by | Wednesday, January 23, 2019

Maruti starts booking for updated Baleno

Maruti Suzuki said sales of Baleno have been up 14% in March-December 2018 compared to the same period of 2017. That WagonR has continued to feature among the top 10 best-selling cars in the country for ...More..

Toyota and Panasonic to create an electric car-battery spinoff company
by | Wednesday, January 23, 2019

Toyota and Panasonic to create an electric car-battery spinoff company

The collaboration, which will begin by the end of 2020, will see the two companies transfer up to 3,500 employees, and Panasonic relocate its manufacturing facilities in Japan and China. Innovations in batter...More..

Saudi Arabia to support South Africa's oil industry
by | Wednesday, January 23, 2019

Saudi Arabia to support South Africa's oil industry

It has six refineries, four using crude oil and two synthetic fuel as feedstock. South African President Cyril Ramaphosa is trying to woo foreign investors to help revive a struggling economy as he prepares f...More..

Brexit cheerleader Sir James Dyson relocates company headquarters to Singapore
by | Wednesday, January 23, 2019

Brexit cheerleader Sir James Dyson relocates company headquarters to Singapore

Rowan is already based in the city, while the chief financial officer and chief legal officer are set to move soon. Dyson's company said the move to Singapore, where it will build its new electric auto, was n...More..

USA to pursue extradition of Huawei CFO from Canada
by | Wednesday, January 23, 2019

USA to pursue extradition of Huawei CFO from Canada

As one of our loyal readers, we ask you to be our partner. John McCallum, Canada's ambassador to China, said last Friday that his top priority was the release of the two detainees and scrapping the death pena...More..

by | Wednesday, January 23, 2019

Dyson to move headquarters out of Britain

Company founder Sir James Dyson has been in favour of Brexit, but Mr Rowan confirmed that Britain's departure from the European Union would have little impact on the firm and that they had not made any contin...More..

Digger drives into hotel during building site rampage
by | Wednesday, January 23, 2019

Digger drives into hotel during building site rampage

Screaming "if you'd just paid me my f***ing £600", the builder drove the digger through the glass lobby and spent 30 minutes wrecking the Travelodge. The 24-year-old repeated claims made on social media...More..

Brexit uncertainty and China slowdown to weigh on Australian markets
by | Wednesday, January 23, 2019

Brexit uncertainty and China slowdown to weigh on Australian markets

On Friday, the 10-year yield touched its highest intraday in one month at 2.049 percent. Homebuilders sank after USA home sales cratered in December and price growth declined to the lowest level in more than ...More..

China's economy slows to weakest pace since 2009 amid trade war
by | Tuesday, January 22, 2019

China's economy slows to weakest pace since 2009 amid trade war

Economic activity slowed sharply in the fourth quarter of 2018 as China and the United States engaged in a trade war. NBS commissioner Ning Jize said population growth might had peaked, but said the count...More..

Passengers Stranded Aboard Airplane in Frigid Labrador for 16 Hours
by | Tuesday, January 22, 2019

Passengers Stranded Aboard Airplane in Frigid Labrador for 16 Hours

The plane was then meant to embark to Hong Kong once again, but a broken door prevented it from doing so. An alternative aircraft containing meals for the passengers was flown to Goose Bay to transport custom...More..

by | Tuesday, January 22, 2019

International Monetary Fund foresees global slowdown as US-China trade spat drags on

But the risk of a sharper decline in global growth has certainly increased. It also attributed the grim outlook to slowing economic growth in Europe, especially Germany and Italy. Gross domestic product (...More..

Google fined $57M under new EU data protection law
by | Tuesday, January 22, 2019

Google fined $57M under new EU data protection law

The investigation turned up two infractions to the EU's General Data Protection Regulation (GDPR ) which was approved in 2016. People expect high standards of transparency and control from us. "For instanc...More..

China's economy grew at slowest pace in 28 years in 2018
by | Tuesday, January 22, 2019

China's economy grew at slowest pace in 28 years in 2018

Forecasters expect growth to decline further this year to 6.3 per cent or lower. Tariffs are scheduled to rise to 25 percent on some $200 billion of Chinese-made goods if the U.S and China can not reach an agre...More..

Oil price TUMBLES: Crude falls as concern grows over weakening USA demand
by | Monday, January 21, 2019

Oil price TUMBLES: Crude falls as concern grows over weakening USA demand

The price has been on two-way action driven by news influenced momentum but support gained from OPEC crude oil production and supply cut implementation has helped prevent any sharp downside move. USA benchmar...More..

Tesla to cut workforce by 7%, sees smaller fourth-quarter profit
by | Monday, January 21, 2019

Tesla to cut workforce by 7%, sees smaller fourth-quarter profit

In an email to staff on the firm's website, founder Elon Musk said that growth had been strong. Chief Executive Elon Musk said the company faces a very hard road ahead in trying to make more people afford...More..

US stocks rally amid trade optimism, economic data
by | Sunday, January 20, 2019

US stocks rally amid trade optimism, economic data

US Treasury Secretary Steven Mnuchin in December said China had offered to make an additional $1.2 trillion in additional purchases from the United States, and Bloomberg reported Friday that China has propose...More..

Carlos Ghosn got $9m improperly, Nissan and Mitsubishi say
by | Sunday, January 20, 2019

Carlos Ghosn got $9m improperly, Nissan and Mitsubishi say

Murguet declined to comment on the leadership crisis engulfing Renault-Nissan following Ghosn's arrest in Japan for alleged financial misconduct or any sales impact it may have. Ghosn denies the charges. Mr G...More..

Millions will get a raise if House Democrats succeed
by | Sunday, January 20, 2019

Millions will get a raise if House Democrats succeed

New Jersey would join a handful of states, including California, Massachusetts and NY, in phasing in a $15 hourly wage. At the start of 2019, it was increased to $9.25 per hour. The state legislature will then ...More..

Winter storm threatens 115 million people with snow and ice
by | Sunday, January 20, 2019

Winter storm threatens 115 million people with snow and ice

Next week: After the storm, snow may keep falling downwind of lakes Ontario and Erie while cold winds will likely keep blowing in the central Appalachians and coastal mid-Atlantic through Monday and in New En...More..

Microsoft pledges $500 million for Seattle-area affordable housing initiative
by | Sunday, January 20, 2019

Microsoft pledges $500 million for Seattle-area affordable housing initiative

The funds will be provided over a period of three years. Only 9,000 homes aimed at middle-income earners have been built in... "Here in Puget Sound, we are seeing something that we are seeing in a number of ...More..

Pre-session Mover: Morgan Stanley (NYSE:MS)
by | Saturday, January 19, 2019

Pre-session Mover: Morgan Stanley (NYSE:MS)

The Investment Management segment provides equity, fixed income, alternative investments, real estate, and merchant banking strategies. Further, mounting operating expenses is a major near-term concern for the ...More..

John Bogle, Vanguard founder who pioneered low-priced investing, dies at 89
by | Saturday, January 19, 2019

John Bogle, Vanguard founder who pioneered low-priced investing, dies at 89

To do this, he offered his private investors (small) shares of investment funds, which should have covered the broad stock market (Index) and thus the risk for the investors to minimize - and all at a lower cos...More..

Blast at leaking Mexico pipeline kills 21 and injures dozens
by | Saturday, January 19, 2019

Blast at leaking Mexico pipeline kills 21 and injures dozens

Scores of locals with jerry cans and buckets had been collecting gasoline that was gushing from a leaking pipeline when an explosion occurred, according to witnesses. Mexico's top federal prosecutor Alejandro...More..

Lotus gears up for China factory under Geely
by | Saturday, January 19, 2019

Lotus gears up for China factory under Geely

When contacted by Reuters , Lotus replied in an email that "details on additional locations and models will be confirmed in due course". The plant there will remain the home of Lotus sports cars , at leas...More..

Federal workers caught in the middle apply for unemployment
by | Saturday, January 19, 2019

Federal workers caught in the middle apply for unemployment

Our Trump-o-meter reads SAD!-the lowest rating-for the second week in a row, as the government shutdown President Trump said he would be "proud" to impose hurts workers more and further damages the US economy...More..

President Trump Spent Over $5,500 on Fast Food for Clemson Tigers
by | Friday, January 18, 2019

President Trump Spent Over $5,500 on Fast Food for Clemson Tigers

Within one hour, it was all gone. "The reason we did this is because of the shutdown ", the president explained. Trump , a fast food lover, said he even paid for their meal himself because of the partial go...More..

United States lawmakers introduce bills targeting Huawei, ZTE
by | Friday, January 18, 2019

United States lawmakers introduce bills targeting Huawei, ZTE

The Justice Department didn't immediately respond to a request for comment. The proposed law was introduced on Wednesday shortly before the Wall Street Journal reported that USA authorities are in the "adva...More..

Theresa May tells Jeremy Corbyn his conditions for Brexit talks are 'impossible'
by | Friday, January 18, 2019

Theresa May tells Jeremy Corbyn his conditions for Brexit talks are 'impossible'

The MPs said if Mr Corbyn's efforts to secure an early general election did not succeed, the party should "unequivocally" back a public vote. It is a policy favoured by the Labour Party membership and somethi...More..

Trump Holds Fast On Shutdown As Advisers Warn Of Consequences
by | Friday, January 18, 2019

Trump Holds Fast On Shutdown As Advisers Warn Of Consequences

Democrats have remained unified in arguing the government should reopen while border discussions continue ― and that a wall shouldn't be a part of the negotiation. Presidents traditionally deliver their State o...More..