Economy

Starbucks unveils holiday cups and new festive drinks

Starbucks unveils holiday cups and new festive drinks

With Halloween over, the holiday season begins to get underway, and one of the telltale signs that Christmas is coming is Starbucks' unveiling of their holiday cup selection. Of course, it's jus...

by · Economy
Coca-Cola not getting into cannabis drink market: CEO

Coca-Cola not getting into cannabis drink market: CEO

The firm had previously closed at $46.51. KO, +0.42% rose 1.2% in premarket trade Tuesday , after the beverage and snack giant reported third-quarter earnings and revenue that topped expectations. Wh...

by · Economy
GM offers buyouts to 18K salaried workers in North America

GM offers buyouts to 18K salaried workers in North America

Workers have until November 19 to make a decision, and they would leave the company by the end of the year, GM said. "We are doing this while our company and economy are strong", GM told Automotive...

by · Economy
Google workers stage walkout over company's handling of sexual harassment

Google workers stage walkout over company's handling of sexual harassment

Unequal pay and a lack of gender representation were also said to be among employees' concerns as they staged the action. Google chief executive Sudar Pichai said the company has made a number of ch...

by · Economy
Petrol price set to go down for November - AA

Petrol price set to go down for November - AA

A day ago, the Oil and Gas Regulatory Authority (OGRA) had sent a summary to the Ministry of Petroleum recommending an increase of Rs9 per litre in petrol prices. According to sources, the body had ...

by · Economy
Egypt's Sisi attends Africa investment summit in Berlin - Politics - Egypt

Egypt's Sisi attends Africa investment summit in Berlin - Politics - Egypt

Despite the uncertainties, Merkel, 64, insisted that she would not be hamstrung on the world stage. Magyar Hírlap's Mariann Őry thinks that Merkel's decision to step down as party leader creates...

by · Economy
Deal 'agreed' to maintain City access to European Union markets post-Brexit

Deal 'agreed' to maintain City access to European Union markets post-Brexit

The Times reported that neither side would unilaterally deny market access without first going through independent arbitration and providing a notice period significantly longer than 30 days. "Both s...

by · Economy
Ryanair will charge you for hand luggage starting from tomorrow

Ryanair will charge you for hand luggage starting from tomorrow

However, consumers will be charged for a 10kg carry-on hand luggage as from 1 November, Ryanair explained on its website . They said that a 10kg hand luggage was an "essential element of transport", ...

by · Economy
Google CEO supports employee walkout amid sexual misconduct reports

Google CEO supports employee walkout amid sexual misconduct reports

Ars Technica obtained the email , which it said was sent to employees on Tuesday evening. While the piece largely focused on Andy Rubin , the "father of Android " and founder of Essential, several...

by · Economy
Intel, Mobileye, Volkswagen Team on Israeli Self-Driving Taxi Venture

Intel, Mobileye, Volkswagen Team on Israeli Self-Driving Taxi Venture

According to the terms of the joint venture, which will operate as "New Mobility in Israel", VW will supply the project with electric vehicles, while Mobileye will provide its level 4 autonomous vehic...

by · Economy
Lion Air crash: Plane's flight recorder found by Indonesia rescue team

Lion Air crash: Plane's flight recorder found by Indonesia rescue team

Search and rescue divers working in Indonesian waters heard regular "pings" in what authorities said Wednesday they hope will turn out to be the main body of the Lion Air plane that plunged into the ...

by · Economy
Jaguar Land Rover posts £90 million loss after sales drop

Jaguar Land Rover posts £90 million loss after sales drop

Home-grown automaker Tata Motors on Wednesday reported a consolidated net loss of Rs 1,009.49 crore for the quarter ended September 30 2018, impacted majorly by sales fallout of Jaguar Land Rover ....

by · Economy
India Jumps 23 Places On World Bank’s Ease Of Doing Business Index

India Jumps 23 Places On World Bank’s Ease Of Doing Business Index

The improved ranking will boost the sentiment of Prime Minister Narendra Modi's government ahead of the general election, at a time it's facing flak for rising fuel prices and falling rupee. The World...

by · Economy
Reese's Vending Machine Lets You Swap Unwanted Candy for Peanut Butter Cups

Reese's Vending Machine Lets You Swap Unwanted Candy for Peanut Butter Cups

The machine itself seems to work automatically, with two slots: one for dumping your disappointing candy and another for receiving your peanut butter cups, for which the machine has a capacity of 10,0...

by · Economy
Miners find rare 5,655-carat 'Lion Emerald' in Zambia

Miners find rare 5,655-carat 'Lion Emerald' in Zambia

It was unearthed by geologist Debapriya Rakshit and miner Richard Kapeta - and is named " Inkalamu ", after the lion, to recognise the animal conservation work carried out in the area. Both organisati...

by · Economy
Hyundai and Kia will offer cars with solar roofs from 2019

Hyundai and Kia will offer cars with solar roofs from 2019

The Hyundai Motor Group is now developing three different types of solar roof, for cars with hybrid , full electric and internal combustion engine (ICE) powertrains respectively. The third genera...

by · Economy
Oil prices fall on rising supply, trade tensions

Oil prices fall on rising supply, trade tensions

US light crude dropped 95 cents, or 1.4 percent, at $66.09. Despite this, Brent remains 12 percent below its $86.74 a barrel October high, and crude is on track to post its worst monthly performance...

by · Economy
Fracking in Lancashire: New calls to suspend fracking after latest quake

Fracking in Lancashire: New calls to suspend fracking after latest quake

Another event occurred on Saturday of 0.8 magnitude, however, it occurred after Cuadrilla had stopped fracking operations. For the second time in two weeks since Cuadrilla started fracking at an exp...

by · Economy
Squatters delight: Property developer claims $1.7M home in weird court case

Squatters delight: Property developer claims $1.7M home in weird court case

Squatter's rights, legally referred to as "adverse possession", allows someone who occupies a property for a certain period to claim ownership. Mr Downie's relatives testified that the family had va...

by · Economy
Facebook Misses Q3 Sales Estimates, But Users Continue To Grow (NASDAQ:FB)

Facebook Misses Q3 Sales Estimates, But Users Continue To Grow (NASDAQ:FB)

Total expenses in the third quarter surged to almost $8 billion, up 53% compared with a year ago. Shares were down as much as 4.3 percent after-hours before climbing as much as 5 percent, to $153.72...

by · Economy
New Istanbul Airport Among Largest in World

New Istanbul Airport Among Largest in World

Industry body IATA repeatedly warns that airports around the world will struggle to deal with this expansion, urging governments to make the necessary investment to keep up. It will remain open. Ata...

by · Economy
BP’s ‘blow out’ profits hit five-year highs

BP’s ‘blow out’ profits hit five-year highs

BP said it had achieved very good reliability, with the highest quarterly refining availability for 15 years and operated upstream plant reliability of 95%. BP said the acquisition from BHP is expec...

by · Economy
Elon Musk buys US$10M in Tesla stock on the open market

Elon Musk buys US$10M in Tesla stock on the open market

Seems fine so far". Musk's biography on the Tesla website describes him as "co-founder and CEO". 90 minutes later, the official Nothing of Tesla stated that he would be taking the official titled ...

by · Economy
Government Invokes Never-Before-Used Powers To Direct RBI Governor

Government Invokes Never-Before-Used Powers To Direct RBI Governor

Finance minister Arun Jaitley and Reserve Bank of India governor Urjit Patel are set to meet face-to-face in New Delhi on Tuesday amid mounting tension between them over the autonomy of monetary...

by · Economy
USA restricts Chinese chipmaker from buying American parts

USA restricts Chinese chipmaker from buying American parts

ZTE was nearly sunk by the ban, until Trump dramatically reversed course . On Monday, the Commerce Department accused the supplier, Fujian Jinhua Integrated Circuit Co., of sourcing its chip techno...

by · Economy
General Electric cuts dividend, splits loss-making power unit

General Electric cuts dividend, splits loss-making power unit

The Justice Department is also examining the writedown, which GE revealed on October 1, when it announced that Culp would replace John Flannery. Tuesday was a particularly bad day for GE, as its stock...

by · Economy
NZ dollar lifted as Donald Trump predicts great deal with China

NZ dollar lifted as Donald Trump predicts great deal with China

Media sources reported yesterday that US President Donald Trump is likely to place tariffs on all remaining Chinese imports as early as December if the latest round of trade talks fail. The US this ...

by · Economy
Digital services tax: What the Budget 2018 announcement really means

Digital services tax: What the Budget 2018 announcement really means

The Institute for Fiscal Studies said the public finances could deteriorate next year, at a time when Britain leaves the European Union, which could pose hard questions for the government after the ...

by · Economy
Armed dad stops masked gunman who opened fire at Alabama McDonalds

Armed dad stops masked gunman who opened fire at Alabama McDonalds

He struck the shooter, who later died from his injuries. Sgt. Johnny Williams, a Birmingham police spokesman, said Monday the father's and son's injuries were not considered life threatening. 'He'...

by · Economy
DOJ Ramps Up Criminal Probe Into Tesla’s Model 3 Production Problems

DOJ Ramps Up Criminal Probe Into Tesla’s Model 3 Production Problems

It is interesting to know that, Tesla earlier said that "That company has handed over the documents to the Department of Justice regarding the Elon Musk's controversial tweet which cost company ...

by · Economy