Economy

Canada cannabis entrepreneurs 'could face United States lifetime ban'

Canada cannabis entrepreneurs 'could face United States lifetime ban'

Owen says if a traveller is asked about past use use, he shouldn't lie. Although Owen didn't specify any minimum level of investment, he signaled that the focus was more on those bringing the sector...

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BMW taught the bike to ride without a driver

BMW taught the bike to ride without a driver

To make life a bit easier for them down the line, BMW has developed "ConnectedRide", a form of self-driving motorcycle technology. It scopes out the road ahead, analysing bends and can bring the bik...

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How the Waffle House is used to determine a hurricane’s fury

How the Waffle House is used to determine a hurricane’s fury

Because of this, FEMA internally uses an unofficial " Waffle House Index " to track potentially risky events. Informally, it's called the Waffle House Index, and it's a real thing. If it's yell...

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GM recalls over a million pickups due to steering issue

GM recalls over a million pickups due to steering issue

It said it has introduced changes since 2015 to mitigate the problem , which causes temporary loss of power steering and makes it hard to steer, especially under low-speed conditions. Also covered is...

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FEMA to test system allowing Trump to send emergency alerts

FEMA to test system allowing Trump to send emergency alerts

He says it's necessary in a world where people aren't using mediums like television and radio as much, where alert messages have been sent in the past. If this had been an actual emergency an official...

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End of an era: Volkswagen to quit iconic 'Beetle' cars in 2019

End of an era: Volkswagen to quit iconic 'Beetle' cars in 2019

It was designed by Ferdinand Porsche who had been commissioned by Nazi Germany's Adolf Hitler to develop a "People's Car" (in German a "Volks Wagen"). Production of the Beetle will end in Ju...

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Australians told to chop strawberries as police investigate needles found in fruit

Queensland premier Annastacia Palaszczuk is said to have issued the reward over concerns for growers as well as consumers. NSW Police said in a statement late Friday that it is unknown if the conta...

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Italy jails man for selling fake TripAdvisor reviews

Italy jails man for selling fake TripAdvisor reviews

The man was also ordered to pay around €8,000 (£7,100) in costs and damages after the Criminal Court of Lecce ruled that writing fraudulent reviews under a false identity was "criminal conduct". TripA...

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Trump ‘wants US$200 billion in China tariffs despite talks’

Trump ‘wants US$200 billion in China tariffs despite talks’

On Thursday, the U.S. business lobbies AmCham China and AmCham Shanghai published a joint survey showing that the negative impact on U.S. companies in China of tit-for-tat tariffs Washington and B...

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The biggest announcements from Apple's iPhone Xs event

The Apple Watch Series 4 will be priced at $399 for GPS-only, non-Cellular, and $499 for Global Positioning System and Cellular. pre-orders start September 14 and go on sale September 21. Here's how y...

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Bezos: Amazon HQ2 decision will be made by end of the year

Bezos: Amazon HQ2 decision will be made by end of the year

Bezos, whose stake in Amazon is worth about $160 billion USA, says that he'll call it the Bezos Day One Fund. It will support organisations that provide shelter and food for homeless families and wi...

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Turkey raises interest rates to 24% in new bid to boost lira

Turkey raises interest rates to 24% in new bid to boost lira

He has repeatedly blamed the central bank for high inflation, which hit nearly 18% last month, its highest level since 2003. The lira reacted strongly to the rate rise, initially up 5% in valu...

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Oil price nears $80, Nigeria’s output rises

Oil price nears $80, Nigeria’s output rises

Who's right? In this brief podcast (4:15) suggests that a story the media is paying little attention to seems to indicate that, overall, oil market risk is rising. Novak said global oil markets were "...

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Median Household Income Rose 1.8% in 2017, Census Bureau Figures Show

Median Household Income Rose 1.8% in 2017, Census Bureau Figures Show

Median household income is generally viewed as the best gauge of how a typical middle-class home is faring financially. The estimates have a margin of error of plus or minus 2 percent. FILE PHOTO: A...

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Donald Trump: China 'Under Pressure' to Make a Deal with United States

Donald Trump: China 'Under Pressure' to Make a Deal with United States

Mid-level USA and Chinese officials met on August 22 and 23 with no agreements. American officials also worry they might erode US industrial leadership. "New tariffs will inevitably force companies to...

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Brace for an oil market price rally in November: Details here

Brent rose above $80 per barrel during the previous session for the first time since May, spurred by expectations that USA sanctions against Iran's oil exports, which will start in November, will tigh...

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Bank of England's Carney extends term at helm to Jan 2020

Bank of England's Carney extends term at helm to Jan 2020

The chancellor of the exchequer Phillip Hammond has requested that Carney remain for an extended period, which the Governor agreed to in a letter of acceptance . With the March Brexit deadline loomin...

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Canadian farmers say they will not accept dairy concessions in NAFTA talks

Canadian farmers say they will not accept dairy concessions in NAFTA talks

Yet, he stressed that "if we sign the deal it'll be. for Canada and Canadians". Canadian Foreign Minister Chrystia Freeland said on Tuesday that discussions with the United States about forging ...

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Erdogan appoints himself chairman of Turkey's sovereign wealth fund

Erdogan appoints himself chairman of Turkey's sovereign wealth fund

Erdogan again described interest rates as a " tool of exploitation " but vowed that "we can not be taken advantage of". In a decision announced earlier on Thursday, he ruled that property sales and ...

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Jamie Dimon picks a fight with Trump

Jamie Dimon picks a fight with Trump

Despite speculation he may run for office, Dimon said earlier this year that he's committed to remaining at JPMorgan Chase for another five years, which would rule out a presidential campaign in 2...

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Despite Trump tweet, Ford says it won't make hatchback in U.S.

Despite Trump tweet, Ford says it won't make hatchback in U.S.

Ford added in its statement that it's committed to "growing its US vehicle lineup - including introducing all-new trucks, utilities, hybrids and fully electric vehicles". The profit margins were simpl...

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Oil pushes past $80 as Iran fears mount

Oil pushes past $80 as Iran fears mount

Oil prices rose on Tuesday amid looming United States sanctions against Iran's petroleum industry , despite efforts by Washington to get other major suppliers to make up for the expected disruptio...

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Miners unearth more than $11M worth of gold in Australia

Miners unearth more than $11M worth of gold in Australia

The company noted that it was the first owner of the Beta Hunt mine to focus on drilling deeper in the Lunnon Basalt in its quest to find gold, and, therefore, the first owner to discover and mine gol...

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Putin Proposes Peace Treaty With Japan Before Year's End

Putin Proposes Peace Treaty With Japan Before Year's End

In the past, Russian Federation and Japan have proposed initiating various joint economic projects on the disputed islands as a first step in resolving the conflict. Some diplomats and analysts have...

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Apple unveils new iPhones today

The sitemap clearly shows the names iPhone XS and iPhone XS Max - referring to the premium handsets Apple is expected to announce later. Apple's big event on Wednesday is expected to feature a var...

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Despite Trump tweet, Ford says it won’t make hatchback in US

Despite Trump tweet, Ford says it won’t make hatchback in US

Trump touted the decision with a weekend tweet , noting that the vehicle "can now be BUILT IN THE U.S.A". The result is that "the burden of the proposed tariffs will fall much more heavily on...

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Apple set to unveil new iPhones for 2018

Apple set to unveil new iPhones for 2018

A new gold colour will be available alongside last year's grey and silver. New models were referenced in several places in Apple's site code - including for offers on AppleCare. Schiller, Senior V...

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Apple Watch may soon get this much-needed feature

Apple Watch may soon get this much-needed feature

Sadly, we don't have the pricing details for you as yet, but we are sure that an LTE variant of this Apple Watch will also be launched alongside the regular version. With just a few days left unti...

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Andhra Pradesh cuts petrol, diesel prices; Maharashtra mulls

Andhra Pradesh cuts petrol, diesel prices; Maharashtra mulls

Monday's Bharat Bandh, a protest against rising fuel prices yielded a cold response from the ruling party. Once GST is in and also has included petroleum products, it does not make sense to contin...

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'This is a big storm': Results could be catastrophic

The water could rise 6 to 12 feet in the area of Cape Fear to Cape Lookout, including the Neuse and Pamlico rivers, says the National Hurricane Center . "We know that this evacuation order is going t...

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