Economy

Brexit: Draft declaration refers to Irish border technology

Brexit: Draft declaration refers to Irish border technology

The EU and United Kingdom have agreed a draft agreement on their future relationship, paving the way for a Brexit deal to be finalised this weekend. The Parties envisage comprehensive arrangements...

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Canada postal strike continues

Canada postal strike continues

The impact of the rotating strikes is being felt nationally as the postal service says it now has about 550 trucks full of parcels waiting to be delivered. Canada Post did not immediately respond to ...

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Nissan 'dismisses' Carlos Ghosn amid financial misconduct probe

Nissan 'dismisses' Carlos Ghosn amid financial misconduct probe

Prosecutors believe Ghosn and an American executive Greg Kelly "conspired to understate Ghosn's income five times between June 2011 to June 2015", reporting a total of five billion yen in income ($44 ...

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Manhattan-bound Amtrak train cars come apart near Albany

Manhattan-bound Amtrak train cars come apart near Albany

On the cars that got separated, a quick-thinking passenger pulled the emergency brake to prevent them from running away, other passenger said. In this photo provided by Chuck Reeves, passengers wait...

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Dow falls almost 500 points, dragged down by Target and tech shares

Dow falls almost 500 points, dragged down by Target and tech shares

The Nasdaq Composite, heavily loaded with tech stocks, dropped 2.5 percent. The Russell 2000 index of smaller-company stocks shed 21 points, or 1.5 percent, to 1,474. U.S. -CHINA TRADE: Investors fo...

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Range Rover Evoque previewed with art sculptures

Range Rover Evoque previewed with art sculptures

Ahead of a full launch later this month, Land Rover has begun teasing the brand-new Evoque in the form of full-sized wire structures dotted around London in the UK. Blending simple lines to create t...

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Couple finds $1.8M lottery ticket while cleaning house

Couple finds $1.8M lottery ticket while cleaning house

Prizes for draw-style games must be claimed within 180 days of the drawing in which the prize was won, the statement said. Fortunately it was not thrown out as Tina noticed the numbers had not been ...

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Major Tech Stocks Lose Over US$700B Last 6 Weeks

Major Tech Stocks Lose Over US$700B Last 6 Weeks

Technology stocks fell sharply on Tuesday, with analysts saying the market is in for a "major white knuckle period" for the rest of the year. The so-called FAANG stocks have lost more than $300 bill...

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Thanksgiving travels: More than 54 million to travel during the holiday

Thanksgiving travels: More than 54 million to travel during the holiday

Travelers check in for flights at John F. Kennedy International Airport, Wednesday, Nov. 21, 2018, in NY. About 1.7 million passengers will be traveling via train, bus and cruise ship. Sinclair advi...

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Spain threatens Brexit veto as May makes final push

Spain threatens Brexit veto as May makes final push

Outstanding issues include Spanish opposition over Gibraltar, with EU diplomats saying EU states' concerns over fishing rights and future trade ties have largely been addressed in the political declar...

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New ride-hailing rules actually protect taxi industry: group

New ride-hailing rules actually protect taxi industry: group

Transportation Minister Claire Trevena told reporters after introducing the legislation . Michael van Hemmen, who heads Uber's Western Canadian operations, anxious that caps on numbers of vehicles ...

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Amazon Leaks Customer Names and Email Addresses

Amazon Leaks Customer Names and Email Addresses

As the holiday shopping season kicks into gear, Amazon has disclosed to select customers that their names and email addresses were "inadvertently disclosed" due to a "technical error". The exposure do...

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Ikea slashes 7,500 jobs as furniture giant battles shift to online shopping

Ikea slashes 7,500 jobs as furniture giant battles shift to online shopping

Mr Quinones continued: "We're investing in an Ikea that is here for people, whenever and wherever they need us, offering a more personal experience". Javier Quinones, retail manager for Ikea in the ...

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Massachusetts Opens First Recreational Pot Shops

Massachusetts Opens First Recreational Pot Shops

Customers were shuttled to Cultivate, the Leicester store, from a parking lot about a mile away as police kept a visible but low-key presence outside. Daquaan Hamilton, a 22-year-old student at nearby...

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Google Appoints Another Indian to Head Its Cloud Business

Google Appoints Another Indian to Head Its Cloud Business

She then instigated an audacious drive into the market worth tens of billions of dollars into new data centres, features, and enterprise support capabilities, which saw the company claim a number of b...

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Nissan expands Ghosn probe to include Renault alliance

Nissan expands Ghosn probe to include Renault alliance

After a meeting, the board said it appointed the company's No. 2 executive, Thierry Bolloré, to serve as deputy CEO on a temporary basis and Philippe Lagayette, Renault's lead independent director, ...

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Apple cuts production orders for all new iPhones

Apple cuts production orders for all new iPhones

Apple's iPhone XR starts at Rs 76,900 in India, the iPhone XS at Rs 99,900. Apple ( AAPL ) shocked investors a few weeks ago with a lower-than-expected sales forecast for the Christmas quarter...

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New tech regulation ‘inevitable’

New tech regulation ‘inevitable’

He even went on to say that the Apple-Google partnership is "not perfect" but supported his statement by adding that it "goes a long way to helping [both the companies]". The agreement makes Google th...

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Plans revealed for new London attraction 'The Tulip'

Plans revealed for new London attraction 'The Tulip'

Despite its peak being a few feet lower than the Shard, designs suggest the Tulip will have a higher viewing platform than the UK's tallest building. Elsewhere, Foster + Partners plans restaurants a...

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PM May sticks to Brexit deal as opponents seek formal challenge

PM May sticks to Brexit deal as opponents seek formal challenge

May's government relies for survival on the votes of Northern Ireland's Democratic Unionist Party, which struck a deal past year to back the Conservatives on major legislation, including finance bil...

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Which? reveals 87% of Black Friday bargains were cheaper earlier in year

Which? reveals 87% of Black Friday bargains were cheaper earlier in year

The rise of online shopping means the number of customers in stores on Black Friday will be down by 3.7 per cent on the same day a year ago, according to analysts. "This does not exclude these product...

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Carlos Ghosn Arrested Over Misconduct In Japan, Nissan Preparing To Fire Him

Carlos Ghosn Arrested Over Misconduct In Japan, Nissan Preparing To Fire Him

The Nissan-Renault-Mitsubishi group is among the biggest auto alliances in the world, selling about 10 million vehicles a year. There's no word yet on who will replace them. The companies remain separ...

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Oil gives up gains as market awaits decision on OPEC supply cut

Oil gives up gains as market awaits decision on OPEC supply cut

From Nov-Jan previous year, crude rallied 20%. "For a cut to be successful in supporting the market, they're going to have to present a front that is not fractured and the chance of that is looking ...

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Chipotle May Rehire Manager After She Denied Service to Five Black Men

Chipotle May Rehire Manager After She Denied Service to Five Black Men

The company said it will be offering to retrain for the staff at the restaurant as well. The manager should have made their food and withheld giving it to them until they paid for it, ' Chipotle ...

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APEC leaders fail to agree on final communique

APEC leaders fail to agree on final communique

Papua New Guinea should emulate Prime Minister Tun Dr Mahathir Mohamad if it wants to avoid effectively becoming a "colony" of China as the economic superpower pours in investments and assistance, a...

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Investors on Edge as Market Awaits Outcome of RBI Board Meeting

Investors on Edge as Market Awaits Outcome of RBI Board Meeting

The RBI's central board now has 18 members, including Governor Urjit Patel and his four deputies as full-time official directors, while the rest have been nominated by the government, including the Ec...

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Carlos Ghosn arrested; Nissan likely to sack him

Carlos Ghosn arrested; Nissan likely to sack him

Of all these companies, Nissan is already seeking the removal of Ghosn from his post. The Yomiuri newspaper reported that Ghosn had been arrested by Tokyo prosecutors on suspicion of under-repor...

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Taoiseach: Brexit deal only way to avoid a hard border

Taoiseach: Brexit deal only way to avoid a hard border

Brexiteers have achieved the opposite of what they campaigned for, says Maajid , after the draft Withdrawal Agreement sets out the possibility of creating a customs border between Northern Ireland ...

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Canada asks world to stop sending mail

Canada asks world to stop sending mail

At the same time, Canada Post asked its global partners to halt mail and parcel shipments to Canada as it reeled under the weight of a delivery backlog that had grown to 30 days as a result of the dis...

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Bitcoin extends rout after cryptocurrencies plunge 12%

Bitcoin extends rout after cryptocurrencies plunge 12%

Now, it's only a matter of time before one of the three approaches crops up as the dominant solution - and along with that, secures its position as the new "real" Bitcoin Cash . It is similar to bi...

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