Economy

Pilots says Boeing didn't disclose jet's new control feature

Pilots says Boeing didn't disclose jet's new control feature

Photos of damage to one of Air New Zealand's Boeing 777s at Los Angeles International Airport show an aircraft belonging to Iceland's Wow air near it. He said Boeing bulletins to airlines and pilots "...

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'Incomparable' pink diamond smashes record at Geneva auction

'Incomparable' pink diamond smashes record at Geneva auction

The "Pink Legacy", a diamond weighing just under 19 carats, fetched a record 50.375 million Swiss francs ($50 million) as it outshone all other auction lots at Christie's in Geneva on Tuesday. In No...

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OPEC Countries Thinking of Cutting Oil Production

OPEC Countries Thinking of Cutting Oil Production

Major oil producers said Sunday, Nov. 12, 2018, that crude supply next year would outstrip demand, calling for new strategies that might include cutting production. Saudi Arabia is the de facto leader...

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Fears of USA menthol ban burn hole in Big Tobacco

Fears of USA menthol ban burn hole in Big Tobacco

The Wall Street Journal reported on Saturday that the US Food and Drug Administration (FDA) plans to pursue a ban, citing senior agency officials. Earlier this year, San Francisco passed a prohibi...

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Flipkart boss resigns after misconduct investigation

Flipkart boss resigns after misconduct investigation

As recently as October, he said in an interview that he was still in charge of Flipkart and would remain group CEO after the Walmart acquisition. Walmart in a press statement said the "independent i...

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Toyota Corolla to bow November 15

Toyota Corolla to bow November 15

The saloon version of the auto all is making its debut in China on 16th November. In India, the Corolla Altis is now offered with a 1.8-litre, 4-cylinder petrol engine that makes 138 BHP and 173 Nm of...

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Amazon picks NYC and Northern Virginia for its split

Amazon picks NYC and Northern Virginia for its split "HQ2"

Amazon has said its second headquarters will employ 50,000 people and comprise a $5 billion investment in the cities it chooses. In January 2018, 20 "finalist" cities were named, including Raleigh...

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Pilots encounter ‘very bright’ UFO which ‘disappeared at high speed’

Pilots encounter ‘very bright’ UFO which ‘disappeared at high speed’

A Virgin Airlines pilot reported seeing a UFO over Ireland. The British Airways flight first reporting the unusual sighting was passing over Kerry at the time with the other flights thought to be so...

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Trump Blasts Saudi Arabia for Plan to Cut Oil Production

Trump Blasts Saudi Arabia for Plan to Cut Oil Production

Saudi Arabia is the de facto leader of the Organization of the Petroleum Exporting Countries (OPEC). Khalid al-Falih's comments follow a meeting in Abu Dhabi at the weekend, where the Organisation...

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Major oil producers foresee oversupply, edge closer to production cuts

Major oil producers foresee oversupply, edge closer to production cuts

Khalid Al-Falih told reporters that Saudi Aramco's customer nominations would fall by 500,000 bpd in December versus November due to seasonal lower demand. Saudi Arabia and Russian Federation, traditi...

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Major oil producers to consider cuts after price slide

Major oil producers to consider cuts after price slide

Saudi Arabia has been pumping 10.7 million bpd since October, Falih said . Opec secretary-general Mohammed Barkindo said at the meeting that conformity on the earlier output increases, which had be...

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Veteran's Day 2018 deals

Veteran's Day 2018 deals

Romano's Macaroni Grill: For Veterans Day , Romano's Macaroni Grill is offering a free spaghetti and meatballs meal to veterans and active military on November 11. Krispy Kreme: Veterans can kick o...

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Ford acquires electric scooter sharing service

Ford acquires electric scooter sharing service

Ford did not reveal the purchase price for Spin . The US automaker will invest about $200 million in Spin , Reuters reported , citing an anonymous source. Madra added that Spin had been chosen...

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Four UK ministers near quitting government over Brexit

Four UK ministers near quitting government over Brexit

Mr Johnson insisted his resignation was not an attempt to oust the PM. It was "imperative" to "go back to the people and check they are content to proceed on this extraordinary basis". The wish to a...

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US Fed leaves rates unchanged, stays on course for December hike

US Fed leaves rates unchanged, stays on course for December hike

A statement it issued Thursday after its latest policy meeting portrayed the economy as robust, with healthy job growth, low unemployment, solid consumer spending and inflation near the Fed's 2 percen...

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B.C. launches $10-a-day daycare project at 53 sites

B.C. launches $10-a-day daycare project at 53 sites

The B.C. NDP made $10-a-day childcare a key pillar of its 2017 election campaign. While the prototype projects will last 18 months, Premier John Horgan said more sites could be implemented before that...

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China's 'Singles' Day' on track to beat $25 billion sales record

China's 'Singles' Day' on track to beat $25 billion sales record

Last year Black Friday online sales hit $5.03 billion, and Cyber Monday sales hit $6.59 billion-less than half of what Singles' Day brought in on, well, a single day. Will Singles Day keep on growin...

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First robots, now hoverbikes: Dubai Police begin training officers on fliers

First robots, now hoverbikes: Dubai Police begin training officers on fliers

The Dubai Police has then expressed interest in adding a fleet of the vehicles to its workforce. The Dubai police believe the flying motorbikes will help them reach hard-to-access areas when the...

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New Mazda3 to make world premiere at 2018 Los Angeles Auto Show

New Mazda3 to make world premiere at 2018 Los Angeles Auto Show

The new Mazda3 will get its global reveal at the LA Motor Show which kicks off on November 30 and runs until December 9. We'll have to wait until the end of the month to find out. The new models app...

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China Oct exports surprisingly strong in race to beat higher US tariffs

China Oct exports surprisingly strong in race to beat higher US tariffs

Analysts were expecting China's trade surplus to have widened to US$35 billion in October from September's US$31.69 billion. China's exports rose 15.6 per cent last month from a year earlier, cust...

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FDA could ban some e-cigarette flavors next week

FDA could ban some e-cigarette flavors next week

The restriction would reportedly not apply to mint flavors because menthol cigarettes are sold. A spokesman for Cuomo tells the Journal the governor is very concerned about the rise of e-cigarette u...

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Flight attendant breastfeeds passenger's baby, photo goes viral

Flight attendant breastfeeds passenger's baby, photo goes viral

Basically, upon hearing the distressed baby, Organo went to check on the mother - and soon discovered the exhausted mother was out of formula. Tearfully, the mother told Organo her baby was hungry b...

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Bitcoin Cash (BCH) Fork: Poloniex Announces Pre-fork Trading Support

Bitcoin Cash (BCH) Fork: Poloniex Announces Pre-fork Trading Support

The hard fork has also gained support from popular cryptocurrency exchanges like Binance and Coinbase . "It is possible that one of these chains will not be economically or technically viab...

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No Proposal From Government Seeking RBI's Surplus Reserves: Top Official

No Proposal From Government Seeking RBI's Surplus Reserves: Top Official

The government wants some of these strictures to be eased so that banks can kick start lending and support economic growth ahead of a general election early next year. RBI and the central government a...

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France grounds Ryanair plane to force subsidy repayment

France grounds Ryanair plane to force subsidy repayment

The French civil aviation authority did not say how much money was involved, but regional airport officials said the sum was €525,000 (£457,000). The European Commission in October also opened an in...

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Best Buy releases its Black Friday deals on high-tech gadgets

Best Buy releases its Black Friday deals on high-tech gadgets

The leaked $199 Sony PS4 Slim 1TB Spider-man Bundle is also on the cover. Starting online at 10 PM ET on November 21, and expanding to brick and mortar stores the following day at 6 PM, all the hott...

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Bombardier to cut 5000 jobs as part of new restructuring plan

Bombardier to cut 5000 jobs as part of new restructuring plan

Bombardier workers face uncertainty after the Canadian aerospace giant announced 5,000 job cuts around the world. CAE is picking up the training business for $645 million, along with spending an a...

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How the House was won: Democrats plundered Republican suburbs for votes

How the House was won: Democrats plundered Republican suburbs for votes

In Colorado, another purple state, Democrats maintained their hold on the governor's mansion and picked up a suburban House seat. According to a poll of voters on election day in battleground dis...

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Oil prices drop as 'trifecta of trouble' may cause glut

Oil prices drop as 'trifecta of trouble' may cause glut

Iran late past year inaugurated the port on the Indian Ocean, which is being built largely by India and is expected to provide a key supply route for Afghanistan while allowing India to bypass rival...

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BHP expects derailed train to impact its Australian iron ore exports

BHP expects derailed train to impact its Australian iron ore exports

The Australian Transport Safety Bureau said damage to the train was substantial and it is estimated about 1.5km of track was damaged. But it took off without him, and a team of remote train operator...

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