Who were the winners (and losers) from the Conservative Party conference?

07 Oct, 2018

Johnson claimed her plan for leaving the European Union amounted to a "ridiculous slipping away of our self-belief" instead of the "freedom" that was promised. May warns she will never accept a deal which infringes on British sovereignty and is calling for a transitional form of common market for goods between the European Union and all of the United Kingdom.


Elon Musk Insults SEC After Settlement, Calls It Shortseller Enrichment Commission

07 Oct, 2018

District Judge Alison Nathan in Manhattan ordered him and the SEC to explain by October 11 in a joint letter why their settlement was fair and reasonable and would not hurt the public interest. Tesla said in its 3Q vehicle safety report that "we've registered one accident or crash-like event for every 3.34 million miles driven in which drivers had Autopilot engaged".


Indian government seeks to reassure markets on deregulation of fuel prices

07 Oct, 2018

The price cuts would be effective from midnight tonight. He said that Rs 10,500 crore will be the impact of the excise duty cut this year. Central minister Arun Jaitley has also urged state governments to cut down state-VAT to reduce petrol prices further by about Rs 2.5.


Canada, US deal saves NAFTA as trilateral pact

05 Oct, 2018

Canada is one of the most trade-dependent countries in the world and Trump's talk of ripping up that deal and imposing a 25 percent tariff on the auto sector posed a serious economic threat. The new agreement, subject to ratification, is called the United States, Mexico and Canada Agreement, otherwise referred to as the USMCA. If repeated in other USA negotiations with the European Union and Japan, it could help isolate Beijing in the global trading system.


Cut in petrol, diesel prices shows government's sensitiveness: Shah

05 Oct, 2018

He said , the inflation in the country is still less than 4 per cent. The announcement came from Union Finance Minister Arun Jaitley after an inter-ministerial meeting headed by Prime Minister Narendra Modi in New Delhi . P Chidambaram, Congress leader and former finance minister, said, "An oil revenue dependent-government has belatedly realised the unbearable burden on the people and indulged in tokenism".


Trump Lauds Nafta Replacement as 'Historic' Trade Agreement

04 Oct, 2018

Earlier this month, Trump went as far as saying he could cause the "ruination" of Canada if he applied a 20% tariff on Canadian automotive exports. Canada wanted the U.S.to drop the tariff - along with a 10 percent import tax on another construction-relate material, aluminum - as part of the new deal.


Oil prices reach four-year high ahead of United States sanctions on Iran

03 Oct, 2018

USA and global benchmark crude futures were poised Friday to post a third straight weekly gain but according to Dow Jones Market Data, October is the worst month for Brent crude , based on average monthly performance since 1990, while November stands as the worst for West Texas Intermediate.


Hundreds of Doncaster Amazon workers set to receive pay rise

03 Oct, 2018

After years of sluggish pay gains, the economy may be starting to work for America's low-wage workers. It will climb to $13 in July 2019. At a press conference in September where he formally introduced the bill with Rep. President Donald Trump promoted December's sweeping tax cuts by saying they would boost worker pay and the White House has pointed to bonuses many employers have since offered as evidence of increased prosperity.


Tesla chief Elon Musk's SEC settlement: What experts are saying

02 Oct, 2018

But the claim on August 7 that he had the funding to take Tesla private, and a subsequent U-turn, stunned Wall Street and came amid public appearances which saw Musk smoke marijuana live on a radio show and call a British diver in the Thai cave rescue a "pedo".


Facebook hit with class-action lawsuit after massive security breach

02 Oct, 2018

After spotting some unusual activity earlier this month, Facebook realized what was going on on Tuesday evening and subsequently revoked these access tokens before disclosing the hack publicly on Friday - though not before 50 million people were affected .


A Look at Larry Culp’s Career

02 Oct, 2018

GE shares are up more than 10% on the news. The profit disappointment and massive accounting writedown are just the latest in a long line of misses dating back to the leadership of Jeff Immelt, who led GE between 2001 and June of previous year.


Jerry Brown net neutrality law sparks lawsuit from feds

02 Oct, 2018

In a court filing for an injunction, the Justice Department said that companies "cannot realistically comply with one set of standards in this area for California and another for the rest of the nation - especially when Internet communications frequently cross multiple jurisdictions".


Ryanair strikes disrupt 40,000 passengers across Europe

01 Oct, 2018

RYANAIR is operating flights to Spain today (Friday) that customers were told on Tuesday were cancelled by strikes according to incredible claims made by angry passengers who changed their travel plans. The German pilots' union said it could not rule out further strikes. "Bryan Carter for Euronews says, "Here at Brussels airport, about twenty flights have been canceled and some employees of Ryanair wear tee-shirts on which are written" Ryan Air must change ", Ryan Air must change ".


US, Mexico, Canada agree on new trade pact to replace NAFTA

01 Oct, 2018

Canada, the United States' No. 2 trading partner, was left out when the US and Mexico reached an agreement last month to revamp the North American Free Trade Agreement. Congress was informed, which triggered the current 30-day window to provide USA lawmakers with the text of the deal. And only vehicles that failed to meet the rules of origin for auto parts agreed to by the US and Mexico would even potentially be subject to the proposed auto tariffs.


X pilot training program bid won by Boeing-led team

01 Oct, 2018

Air Force for selecting Boeing's T-X proposal and supporting Missouri's workforce", said Governor Parson. The first T-X aircraft and simulators are scheduled to arrive at Joint Base San Antonio-Randolph in Texas in 2023. It allows the Air Force to purchase up to 475 aircraft and 120 simulators. Winning the T-X program Boeing and Saab have beaten Lockheed Marting and Leonardo, whose bids were based on existing designs.


Security breach allowed hackers to control 50 million Facebook accounts

30 Sep, 2018

These tokens are used as digital keys so that members don't have to sign in every time they use the app. Facebook stated that it fixed the flaw on Thursday and had also notified the U.S. Facebook explains that the attack took advantage of the complicated interactions between "multiple issues in our code ". According to Mark Zuckerberg himself, "We patched the security vulnerability to prevent this attacker or any other from being able to steal additional access tokens ".


Canadian PM did not request meeting with Trump, says spokesperson

29 Sep, 2018

Sunday is the non-binding deadline the USA has imposed on Canada before it publishes the text. Trump, who wants major changes to the 1994 treaty, has struck an agreement with Mexico and is threatening to leave out Canada unless it signs up by this Sunday.


Tesla Stock Dives After SEC Moves to Oust CEO Elon Musk

29 Sep, 2018

In the court filing , the SEC claims that "Musk knew or was reckless in not knowing that each of these statements was false and/or misleading because he did not have an adequate basis in fact for his assertions". Musk, in a statement issued by Tesla, called the SEC action unjustified. The firm chided Tesla as a company "that has always over promised and under delivered".


Musk's Tesla position uncertain as U.S. regulators sue Musk for fraud

29 Sep, 2018

District Court in Manhattan seeking to oust Musk and alleging that he committed securities fraud with false statements about plans to take the company private. According to CNBC , Musk could not accept that deal. Musk called off his plans to take Tesla private on August 24. But after Musk's lawyers turned it down Thursday, the sources said, the agency "rushed to pull together" the complaint they filed that afternoon.


Brent Crude Oil Price Ignores Trump, Reaches Highest Since 2014

28 Sep, 2018

It's unclear, however, how much other countries will follow suit once a second set of sanctions targeting Iran's oil sector take effect on 4 November. To counter the recent falling supply from Iran, OPEC and other oil producers are considering to raise the output of crude oil by 500,000 bpd. The big unknown, however, is to what extent Iran will be forced to reduce output next year as customers in Europe and Asia walk away from its oil, in reaction to US sanctions.


Tesla constructing own auto transporters to help conveyances: Musk

28 Sep, 2018

Goldman Sachs analyst David Tamberrino, who has a sell rating on the stock, estimates third-quarter Model 3 deliveries of about 52 000. As it is often the case with Tesla, they made a decision to come up with a solution in-house: "they are building their own vehicle carriers", Electrek reported on Monday.


Brent oil jumps to four-year high near $81

27 Sep, 2018

Fibonacci projections at $82.84 (200% of the upleg from $77.36) and $83.89 (Fibo 238.2%) mark next targets, however, bulls may accelerate further in unobstructed positive environment. The announcement followed comments from President Trump on Twitter that the worlds biggest oil produces should cut their prices, as the price of benchmark Brent oil hit $80 a barrel.


Trump says he rejected meeting with Justin Trudeau

27 Sep, 2018

Trump went on to criticize Canadian officials and how they have negotiated during the recent NAFTA talks. He took aim at the country's dairy tariffs and reiterated his threat to tax Canada's auto industry. The Canadian dollar weakened to its lowest in more than a week against the greenback on Wednesday, as the Federal Reserve hiked interest rates and investors anxious that Canada would be left out of a trade deal with its NAFTA counterparts.


Canada's Barrick buys Randgold to create world's largest gold miner

27 Sep, 2018

Barrick has no CEO and lost its president, Kelvin Dushnisky, last month. Thornton, who speaks to media rarely is known to be the driving force behind all of Barrick's long-term strategies, including its investment in bringing the company's mining operations into the digital age.


Canada Not Making 'Essential' Trade Concessions, According to Lighthizer

27 Sep, 2018

Momentum appeared to have stalled last week in efforts to bridge differences between Washington and Ottawa in negotiations to rewrite NAFTA , which began previous year. Tim Scott, a Republican senator from SC, said Tuesday he'd prefer Canada be included, and wouldn't say if he'd vote for a bilateral U.S. -Mexico deal.



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