Finance

TSA Callouts Increasing as Government Shutdown Rolls On

The Transportation Security Administration said Monday that Sunday's absence rate compared to 3.1 percent on the comparable Sunday a year ago. TSA agents have...


Drone disrupts flight operations at Newark airport

FAA officials said the drones were spotted over Teterboro Airport, New Jersey . The Newark airport is one of the busiest in the U.S., serving 43.3 million pa...


United States to Proceed With Huawei CFO Extradition, Globe & Mail Says

The letter said the arrests of the two Canadians will lead to "less dialogue and greater distrust, and undermine efforts to manage disagreements and identify co...


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

The IMF, in its World Economic Outlook Update, titled 'A Weakening Global Expansion, ' revised down the country's Gross Domestic Product projection for this y...


China’s 2018 growth slows to 28-year low

Births in China had dropped to the lowest level in almost 60 years in 2018, official data showed on Monday, indicating that the scrapping of the one-child pol...


US to formally seek extradition of Huawei exec Meng Wanzhou

MacNaughton told the newspaper he had voiced his country's anger to the Trump administration over the dispute. At least three Canadian citizens in China hav...


International Monetary Fund raises its economic growth forecast for SA

This brought growth for the whole year to 6.6 per cent, down from 6.8 per cent in 2017. With the latest outlook, India will remain the fastest-growing economy...


France hits Google with €50 million data consent fine

They said Google had made it too hard for users to understand and manage preferences on how their personal information is used, in particular with regards to ta...


Electric Car Maker Tesla to Lay off 7% Staff Amid China Dreams

Musk, 47, wrote Friday that Tesla's surprise profit in the third quarter was due partially to the company selling higher-priced Model 3 variants. The ...


China records slowest growth rate in almost 30 years

The world's second-largest economy expanded by 6.6 percent over a year earlier, down from 2017's 6.9 percent, official data showed. Tighter credit has hit c...


Trump's proposal to support DACA for border-wall funding rejected by Dems

Top Democrats soundly rejected the offer before Trump made the announcement, with House Speaker Nancy Pelosi calling it a "non-starter". Trump argues a wa...


Wall Street surges after tariffs report

In 2018, China's trade surplus with the U.S. The Dow Jones Industrial Average on Friday jumped 336.25 points, or 1.38 per cent, to 24,706.35. The gains come...


USA crude oil production increases: weekly report

Despite troubling economic data from China which weighed on oil prices in the beginning of the week, improving fundamentals are beginning to push crude pr...


Carlos Ghosn received $9 mn improperly from Nissan-Mitsubishi JV -companies

The French state and its advisers are also considering candidates for the Renault Chief Executive role now occupied on an interim basis by Ghosn's deputy Thie...


Jack Bogle, father of the index fund, has died

He once put it in a nutshell: "Don't look for the needle in the haystack". While billionaire Berkshire Hathaway founder Warren Buffett is more of a househ...


Dead, 54 Burned in Fire at Tap on Mexico Fuel Pipeline

The latest updates were delivered by Hidalgo state governor, Omar Fayad, in a morning press briefing alongside President Andrés Manuel López Obrador . That was...


Geely's New China Factory To Produce Lotus Sports Cars, Luxury SUVs

Approval documents for the plant also show the facility is approved to manufacture all-electric battery cars, electric hybrids, as well as combustion engine car...


Angel tax: the latest DIPP notification demystified for startups, investors

Section 56 (2) (viib) of the Income Tax Act provides that the amount raised in excess of a startup's fair market value is taxed at 30 per cent as income of th...


Shopko files for bankruptcy; Perry store to stay open for now

In mid-December, Hy-Vee, Inc . announced it acquired the business of 22 Shopko pharmacies in Iowa, Illinois, Minnesota, Nebraska, South Dakota and Wisconsin. "...


More Federal Workers Seek Unemployment as Americans Shrug at Shutdown

The current government shutdown is now the longest on record, sidelining roughly 800,000 non-essential workers in nine agencies out of about two million full-...


McDonald's loses Big Mac EU trademark battle

According to a Supermacs press release, McDonald's had previously succeeded in putting a stop to Supermac's plans to expand into the United Kingdom and Europe...


USA legislators introduce bills targeting Chinese tech companies

Chinese firms have always been accused of engaging in intellectual property theft-something the Justice Department said it was clamping down on last November by...


As shutdown lingers, Pelosi urges Trump to reschedule State of the Union

The U.S. Secret Service and the Department of Homeland Security are leading federal agencies for security of the event. There is still no hope in sight for th...


Burger King trolls President Trump with 'hamberder' tweet

President Trump confirmed Monday that the White House will be serving McDonald's, Wendy's and Burger King during a dinner with the visiting Clemson Univer...


Theresa May narrowly survives no-confidence vote after crushing Brexit defeat

How could a second Brexit referendum work? With the Prime Minister appearing unwilling to budge despite the overwhelming rejection of her plan, MPs may tak...


Taiwan says it won't bow to pressure amid China tension

The People's Liberation Army's efforts to obtain access to commercial ports in Africa, the Middle-East and South Asia would align with its future overseas logis...


China's trade surplus with United States hits record high

Also last year, China's total imports of unwrought copper products gained 12.9% on year to reach 5.3 million tonnes. "We are doing very well with China". Econ...


Canada air traffic controllers buy pizza for U.S. colleagues

Employees at a control center in the city of Edmonton, Alberta, started a collection to buy pies for controllers in Anchorage, Alaska, when they heard about the...


Saudi Arabia acted 'beyond commitment': Al Falih

Oil producers are under pressure to reduce production following a sharp fall in oil prices in recent months because major producers — including the United State...


Huawei looks up to Apple in terms of privacy: Founder Ren Zhengfei

Asked whether Huawei would challenge such an order in court, Ren chuckled and said it would be up to Chinese authorities to "file litigation". Ren declined t...


United States opened criminal probe of Huawei for trade secret theft

The Huawei Technologies Company and the ZTE Corporation together with any affiliates or subsidiaries are the two firms directly named in the bill as being cover...


Brexit: MPs vote down Theresa May's deal

May's deal faces widespread opposition, primarily because of language created to prevent the reintroduction of border controls between Northern Ireland and the ...


Concept This Is Cadillac's New Electric Crossover

The first vehicle unveiled was the Velostar N, the company's second race auto, which will race at Daytona Motor Speedway this year. Although information is in...


France to accelerate preparations for no-deal Brexit: presidential source

That solution has now been rejected by Westminster, the problem now lies there'. She repeated her offer of cross-party talks to find a way forward on Brexit ...


Volkswagen and Ford Team up to Build Trucks Under New Global Alliance

VW has committed $50 billion to its electric vehicle program, while Ford is investing a combined $15 billion on battery-powered cars and driverless cars. Th...


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