US soybean farmers win big from US-China trade war truce

Trump also said he believes China will soon cut tariffs on US autos to 15 percent from the current 40 percent level. The latest U.S. moves follow debates within the Trump administration about imposing sanctions on Chinese entities caught stealing... More..

by | Published more than a month ago
Any contentious matter can be solved through discussion, says RBI Governor
by | Thursday, December 13, 2018

Any contentious matter can be solved through discussion, says RBI Governor

In his resignation letter, however, Patel cited "personal reasons" for his decision. He said, "The Government acknowledges with deep sense of appreciation the services rendered by Dr Urjit Patel to this count...More..

Tampons could unravel inside body — RECALL ALERT
by | Thursday, December 13, 2018

Tampons could unravel inside body — RECALL ALERT

A full list of the recalled lot numbers can be found here . Retailers are being notified and are being asked to remove affected tampons from store shelves. "What can I say is that we worked quickly to iden...More..

OPEC Cut Was Not Easy
by | Thursday, December 13, 2018

OPEC Cut Was Not Easy

West Texas Intermediate futures prices traded up to $52.11 a barrel at 4:34pm, after settling at $51.65 a barrel on the New York Mercantile Exchange, a 65 cent increase over Monday. President Donald Trump to fu...More..

Australia challenges Google, Facebook market power, calls for increased consumer choice
by | Wednesday, December 12, 2018

Australia challenges Google, Facebook market power, calls for increased consumer choice

Facebook and Google , in separate statements, both said they will continue to work with the ACCC while the regulator prepares its final report due in June. According to the NSW Business Chamber's survey of it...More..

Britain's May to face no-confidence vote by her own lawmakers
by | Wednesday, December 12, 2018

Britain's May to face no-confidence vote by her own lawmakers

If she does win, May can not face another such confidence vote for a year. Business figures have expressed alarm about the political uncertainty in the United Kingdom ahead of a Conservative Party confidence ...More..

Google CEO denies company's political bias in congressional hearing
by | Wednesday, December 12, 2018

Google CEO denies company's political bias in congressional hearing

Pichai , who became CEO in 2015, has said that he wants Google to be in China serving Chinese users. Google's chief executive officer Sundar Pichai rejected claims of political bias against conservatives ...More..

Huawei exec's lawyers argue for bail in Canadian court
by | Tuesday, December 11, 2018

Huawei exec's lawyers argue for bail in Canadian court

Police say no one was injured and no arrests have been made. The fact that Skycom registered a Huawei domain six years after the two firms supposedly severed their links may add weight to the claims of USA ...More..

Apple faces ban on sale of older iPhones in China, Qualcomm says
by | Tuesday, December 11, 2018

Apple faces ban on sale of older iPhones in China, Qualcomm says

Apple said that all iPhone models will remain available to customers in China. Apple accused Qualcomm of playing dirty tricks, including asserting a patent that had already been invalidated by global...More..

French president Macron will cut taxes, raise minimum wage following violent protests
by | Tuesday, December 11, 2018

French president Macron will cut taxes, raise minimum wage following violent protests

The 40-year old former investment banker was also under pressure to make amends about cutting remarks he has made about the costs of welfare that critics say made him look aloof and arrogant. The French leader ...More..

UK PM Theresa May to withdraw parliamentary vote on her Brexit deal
by | Monday, December 10, 2018

UK PM Theresa May to withdraw parliamentary vote on her Brexit deal

U.K. Prime Minister Theresa May is heading back to Brussels to try to get a better deal. Germany's Heiko Maas echoed that: "I hope that good decisions will be taken this week in London , employing the utmost...More..

RBI Governor Urjit Patel resigns; cites personal reasons for quitting
by | Monday, December 10, 2018

RBI Governor Urjit Patel resigns; cites personal reasons for quitting

Under his leadership, the RBI brought financial stability. In his statement Monday, Patel cited "personal reasons" for his resignation but the decision came as a huge surprise to his colleagues who were prepa...More..

Nissan's Carlos Ghosn formally charged with financial misconduct in Japan
by | Monday, December 10, 2018

Nissan's Carlos Ghosn formally charged with financial misconduct in Japan

Ghosn and Kelly were also served fresh arrest warrants the same day for continuing the misconduct through March 2018, a move which may lead to up to an additional 20 days of detention through December 30 and s...More..

Nissan Is Recalling 150,000 Vehicles
by | Monday, December 10, 2018

Nissan Is Recalling 150,000 Vehicles

Nissan has announced plans to recall approximately 150,000 vehicles owing to improper tests on new units. The scandal followed another misconduct of Nissan revealed a year ago as the second largest automaker ...More..

Tumblr announces
by | Monday, December 10, 2018

Tumblr announces "adult content" ban that starts in two weeks

The banned content includes GIFs, photos, and videos that show human genitalia, female-presenting nipples, and any media that shows sex acts - including illustrations. The bold move follows an overhaul of Tumb...More..

Uber makes confidential filing for IPO
by | Monday, December 10, 2018

Uber makes confidential filing for IPO

It appears Uber's IPO timeline was pushed forward following reports of Lyft's confidential IPO paperwork. The registration with the SEC indicates that Uber is already in the first quarter of 2019 its appear...More..

Oil Prices Up After OPEC, Partners Agree to Production Cut
by | Sunday, December 09, 2018

Oil Prices Up After OPEC, Partners Agree to Production Cut

Brent oil futures edged higher on Friday after Russian Federation seemed likely to contribute a bigger output cut to an Organisation of the Petroleum Exporting Countries (Opec) and non-Opec deal, but Saudi A...More..

Unemployment hits new lows across Canada, but wages stuck in neutral: StatsCan
by | Sunday, December 09, 2018

Unemployment hits new lows across Canada, but wages stuck in neutral: StatsCan

The report of statistics Canada on Friday also said that compared to a year ago, employment increased by 1.2%, resulting in a net increase of 218800 jobs. In Quebec, employment rose by 26,000 in November, the...More..

Data show a job market that's slowing, or at least pausing
by | Sunday, December 09, 2018

Data show a job market that's slowing, or at least pausing

The low unemployment rate and the consistent employment gains which have exceeded 100,000 jobs every month this year are testaments to the effectiveness of the Administration's economic policies. Equity marke...More..

Southwest plane slides off runway at Hollywood Burbank Airport in California
by | Sunday, December 09, 2018

Southwest plane slides off runway at Hollywood Burbank Airport in California

Aerial video from Sky5 showed the plane had left scars in tile at the end of the runway where it came to a stop. "I thought we were going to impact the barrier for sure". According to flight-tracking website F...More..

Yellow vests'
by | Sunday, December 09, 2018

Yellow vests' "fourth act" returns violence to Paris streets

Despite the government's climbdown over the fuel tax, the " yellow vests " continue to demand more concessions, including lower taxes, a higher minimum wage, lower energy costs, better retirement benefits and e...More..

Skoda Scala Hatchback Unveiled: Walkaround
by | Sunday, December 09, 2018

Skoda Scala Hatchback Unveiled: Walkaround

Wheel sizes will range from comfort-orientated 15-inch steels and grow to the sporty, low profile 18-inch alloys. It also comes with a wheelbase 2,649mm and has the largest boot space in the segment with 467-li...More..

Marlboro cigarettes' parent company delves into marijuana market
by | Saturday, December 08, 2018

Marlboro cigarettes' parent company delves into marijuana market

Altria can also invest up to a further $1.4 billion to increase its ownership stake in Cronos to 55 per cent, under the arrangement. "Investing in Cronos Group as our exclusive partner in the emerging glo...More..

Fiat Panda scores a shocking 0 star safety rating in crash test
by | Saturday, December 08, 2018

Fiat Panda scores a shocking 0 star safety rating in crash test

It lost points for not having things like automatic emergency braking and lane-keep assist - the Wrangler doesn't offer either of those things in Europe, even as an option. Given that the vehicle would be dri...More..

Markets Right Now: Stocks open lower on Wall Street
by | Saturday, December 08, 2018

Markets Right Now: Stocks open lower on Wall Street

A flattening yield curve tends to hurt the profitability of banks as well. The S&P 500 index lost 8 points, or 0.3 per cent, to 2,782. ENERGY: Benchmark U.S. Technology companies, banks and industrial sto...More..

‘BIG leap forward,’ says Donald Trump on US-China relations
by | Friday, December 07, 2018

‘BIG leap forward,’ says Donald Trump on US-China relations

The 90-day truce in the escalating trade war between the US and China came during a dinner meeting between the two presidents following the G-20 summit of the world's industrialized and emerging economies in ...More..

PM May rejects calls for vote delay, Brexit vote will go on
by | Friday, December 07, 2018

PM May rejects calls for vote delay, Brexit vote will go on

Supporters of a clean break with the European Union say the backstop, meant to ensure no hard border between British-ruled Northern Ireland and the EU-member Irish Republic, could leave Britain forced to ac...More..

Trudeau says government had no involvement in arrest of top Huawei executive
by | Friday, December 07, 2018

Trudeau says government had no involvement in arrest of top Huawei executive

Chinese foreign ministry spokesman Geng Shuang told a daily briefing on Thursday that China had asked Canada and the United States for an explanation of Meng's arrest, but they have "not provided any clarific...More..

Meng's arrest could plunge US, China into high-tech Cold War
by | Thursday, December 06, 2018

Meng's arrest could plunge US, China into high-tech Cold War

Huawei Technologies Co.'s chief financial officer was arrested in Canada over potential violations of USA sanctions on Iran, provoking outrage from China and complicating thorny trade negotiations just as ...More..