ECB needs to take its time to prepare new bank loans: Nowotny

The MSCI Asia Pacific Index dropped 1.4 percent as of 5:39 p.m.in Hong Kong as China's trade slumped amid continued uncertainty from the trade war, with exports falling and imports weakening in February. Thursday trading saw wider selloffs in Europ... More..

by | Published 8 days ago
Tokyo prosecutor says Ghosn's bail conditions not sufficient
by | Sunday, March 10, 2019

Tokyo prosecutor says Ghosn's bail conditions not sufficient

But Takano acknowledged the plan backfired, with the world's media instead snapping photos and filming video of Ghosn, transformed from his previously suave executive image. Ghosn's release was the latest twi...More..

Elon Musk's SpaceX capsule splashes down off Florida coast
by | Saturday, March 09, 2019

Elon Musk's SpaceX capsule splashes down off Florida coast

Six hours later, the capsule carrying a test dummy parachuted into the ocean, a couple hundred miles off the Florida coast. Boeing's Starliner crew capsule is poised to launch its maiden unmanned mis...More..

Butts testimony presents very different picture of JWR affair
by | Saturday, March 09, 2019

Butts testimony presents very different picture of JWR affair

Wilson-Raybould testified she received a call from the prime minister on January 7 to inform her she was being shuffled out of her role as justice minister and attorney general. Wilkinson described Wilson-Raybo...More..

OECD Says Global Growth Slowing; Cuts Global Growth Forecasts
by | Saturday, March 09, 2019

OECD Says Global Growth Slowing; Cuts Global Growth Forecasts

The cut represents a 0.6 percentage-point revision from the most recent calculations in November and a drop from last year's anticipated growth rate of 1.8 per cent. However the OECD emphasized that even this p...More..

Elizabeth Warren seeks to break up Google, Facebook and Amazon
by | Saturday, March 09, 2019

Elizabeth Warren seeks to break up Google, Facebook and Amazon

The back story . The proposal comes as the Democratic Party has increasingly focused on both combating a growing concentration of economic power in the US and raising taxes on the wealthiest Americans. Senato...More..

Ghosn's lead lawyer not in on 'humorous' bail release ruse:The Asahi Shimbun
by | Saturday, March 09, 2019

Ghosn's lead lawyer not in on 'humorous' bail release ruse:The Asahi Shimbun

This includes his former right-hand man Greg Kelly, who was released on bail on Christmas Day but faces charges of conspiring to under-report Ghosn's salary over a period of eight years. They had insisted that ...More..

Pilot orders 23 pizzas for passengers stuck on plane during snowstorm
by | Saturday, March 09, 2019

Pilot orders 23 pizzas for passengers stuck on plane during snowstorm

True story! On AIr Canada # 608 that was diverted to Fredericton because we couldn't land in HAlifax. staying in plane on the tarmac. A generous pilot placated his exhausted and stressed out passengers by...More..

Charlotte Russe to close all remaining stores
by | Friday, March 08, 2019

Charlotte Russe to close all remaining stores

Last month, Payless announced plans to close all of its 2,500 stores. Upstate New York stores that will close include locations at Destiny USA in Syracuse, Salmon Run in Watertown, Greece Ridge in Rochester, Oa...More..

Zuckerberg Vows
by | Friday, March 08, 2019

Zuckerberg Vows "Privacy-Focused" Future At Facebook

Facebook makes occasional nods to granting users greater control over their privacy , but at the end of the day, data about users is what makes Mark Zuckerberg's company tick. Casting aside the service's we...More..

Tesla's Shanghai assembly plant to be completed in May: government official
by | Friday, March 08, 2019

Tesla's Shanghai assembly plant to be completed in May: government official

Any additional Tesla models entering China will also be rigorously checked. A parking lot of Tesla Model 3 electric vehicles is seen in Richmond, Calif., on June 22, 2018. The $35,000 Model 3 is Tesla's first...More..

Fiscal justice: France unveils new tax for global internet giants
by | Friday, March 08, 2019

Fiscal justice: France unveils new tax for global internet giants

The bill outlines how digital companies with worldwide revenues over 750 million euros ($848 million), including French revenue over 25 million euros, will be taxed. France is set to unveil legislation Wednesda...More..

'Tim Apple': Donald Trump makes goof on tech CEO Tim Cook's name
by | Friday, March 08, 2019

'Tim Apple': Donald Trump makes goof on tech CEO Tim Cook's name

While Tim Cook , CEO of Apple , is pretty well known in tech circle and beyond, the President of the U.S. apparently does not remember his full name. According to the New York Times , he " does not have the ...More..

U.S. looking at new sanctions against Venezuela -U.S
by | Friday, March 08, 2019

U.S. looking at new sanctions against Venezuela -U.S

Speaking at a ceremony to commemorate the sixth anniversary of the death of his predecessor, Hugo Chavez, Maduro said he would defeat a "crazed minority" planning to destabilize the country. He called for "anti...More..

'Gottlieb's FDA tenure marked by tremendous progress': Industry reacts to resignation
by | Friday, March 08, 2019

'Gottlieb's FDA tenure marked by tremendous progress': Industry reacts to resignation

Gottlieb handed in his resignation on Tuesday, after publically criticizing the drugstore chain Walgreens Monday for selling tobacco products to minors, "the company's stores have racked up nearly 1,800 violati...More..

Tesla launches speedy Supercharger 3.0 and pledges to halve charging times
by | Friday, March 08, 2019

Tesla launches speedy Supercharger 3.0 and pledges to halve charging times

Also new in a firmware update (2019.7.11) for Model 3 owners is "Summon with Key Fob", which lets owners "move your Model 3 in and out of a parking space from outside the auto using a paired key fob". Tesla ...More..

Heavy hitters with MI ties near top of Forbes billionaires list
by | Thursday, March 07, 2019

Heavy hitters with MI ties near top of Forbes billionaires list

Razon Jr. with $4.8 billion. Abdul Samad recently merged his privately owned 1.5 million metric tonnes Kalambaina Cement Company with listed firm the 500,000 mtpa Cement Company of Northern Nigeria (CCNN), whic...More..

An underwhelming trade deal forms
by | Thursday, March 07, 2019

An underwhelming trade deal forms

Dates for a summit between President Donald Trump and counterpart Xi Jinping have yet to be agreed, according to officials from both countries who declined to be named. The agreement under discussion would expa...More..

Huawei sues U.S. government, seeks NDAA ban lift
by | Thursday, March 07, 2019

Huawei sues U.S. government, seeks NDAA ban lift

Meng appeared in a British Columbia court for a scheduled hearing, during which her lawyer Richard Peck raised the issue and referenced "comments by the U.S. If the judge rules in favor of extradition, Canada...More..

Ghosn released on bail
by | Wednesday, March 06, 2019

Ghosn released on bail

The finance minister of France welcomed Ghosn's release, saying the executive would now be able to defend himself "with greater ease". Shin Ushijima, a former prosecutor and lawyer, said that public opinion l...More..

Indian-origin dentist found murdered in Sydney
by | Wednesday, March 06, 2019

Indian-origin dentist found murdered in Sydney

NSW Police superintendent Gaven Dengate tells Ray Hadley police questioned the man before was killed in a head-on collision with a truck on Monday night. "It's devastating, and this is completely out of charact...More..

Papa John's founder to quit board, drop suit in settlement
by | Wednesday, March 06, 2019

Papa John's founder to quit board, drop suit in settlement

Schnatter will also drop his lawsuit against the company. If a new director isn't named prior to Papa John's 2019 annual shareholders meeting on April 30, Schnatter's term will expire at the meeting, accordin...More..

Indonesia, Australia sign economic partnership on trade and investment
by | Wednesday, March 06, 2019

Indonesia, Australia sign economic partnership on trade and investment

Similar advantages will be extended to frozen offals, with the 5pc tariff eliminated on entry into force of the agreement. "This agreement will enhance people-to-people connections between Indonesia and Aus...More..

Bugatti 'La Voiture Noire' is the most expensive new vehicle ever
by | Wednesday, March 06, 2019

Bugatti 'La Voiture Noire' is the most expensive new vehicle ever

Translating as "The Black Car" (I know, not particularly inventive - but then everything sounds better in French, right?), the hypercar has been designed as a modern take on the classic Bugatti , based on th...More..

Lyft IPO Filing Discloses $911 Million Loss On $2.2 Billion Revenue
by | Tuesday, March 05, 2019

Lyft IPO Filing Discloses $911 Million Loss On $2.2 Billion Revenue

Lyft serves over 300 markets in the US and Toronto. Based on the latest results regarding the IPO that came out on Friday, Lyft, an on-demand transportation company, is ranked as 1-billion-dollar unicorn. But L...More..

The $35k Tesla Model 3 Is Finally On Sale
by | Tuesday, March 05, 2019

The $35k Tesla Model 3 Is Finally On Sale

Metzler's Pieper thinks the announcements are "just the beginning of more savings" from the Palo Alto, California-based company. " Tesla wants to drum up demand", said Elazar Advisors' Chaim Siegel. Much of ...More..

USA to withdraw duty benefits on $5.6 billion exports from India
by | Tuesday, March 05, 2019

USA to withdraw duty benefits on $5.6 billion exports from India

Trump, who has vowed to cut United States trade deficits, has repeatedly called out India for its high tariffs, and U.S. trade officials said scrapping the concessions would take at least 60 days after notifi...More..

World shares tick higher on US-China trade deal optimism
by | Tuesday, March 05, 2019

World shares tick higher on US-China trade deal optimism

Chinese officials made clear in a series of negotiations with the U.S.in recent weeks that removing levies onUS US$200 billion of Chinese goods quickly was necessary to finalize any deal, said the people, who w...More..

Southwest Kicks Off New Hawaii Routes With Tickets As Low As $49
by | Tuesday, March 05, 2019

Southwest Kicks Off New Hawaii Routes With Tickets As Low As $49

The inaugural flight is planned from Oakland to Honolulu on March 17. The announcement came shortly after the Federal Aviation Administration granted the airline approval to begin flights between California a...More..

Powerball results for 03/02/19; did anyone win the $356 million jackpot?
by | Tuesday, March 05, 2019

Powerball results for 03/02/19; did anyone win the $356 million jackpot?

ET deadline on Monday to cash in - or lose the prize. "A *very* lucky winning ticket in NJ matched all 5 white balls + Mega Ball to win the top prize last night!" There were definitely some big winners in t...More..