Business

PMI manufacturing index down to 4-yr low - English

PMI manufacturing index down to 4-yr low - English

United Kingdom manufacturing slowed in October, as output declined to its lowest level in over two years, prompting companies to cut jobs in response to Brexit uncertainty and growing trade tensions...

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Elon Musk Doesn't Think Apple Is Making Happy Products Anymore

Elon Musk Doesn't Think Apple Is Making Happy Products Anymore

He added: "It could have been that they were so keen to rush cars off the production line that they pulled out all the stops to hit their targets to keep investors happy and make a profit and this is ...

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US job growth expected to accelerate with strong wage gains

US job growth expected to accelerate with strong wage gains

Sustained labour market strength could ease fears about the economy's health following weak housing data and stalling business spending. That may be one reason employers who can find qualified candi...

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Squamish postal workers back on the job

Squamish postal workers back on the job

Canada Post strike in Ottawa, October 31, 2018 . Canadian Union of Postal Workers has been staging rotating strikes across the country for more than a week. About 6,000 workers who walked off the...

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Oil Prices rise Higher Despite Crude BuildNaija247news

Oil Prices rise Higher Despite Crude BuildNaija247news

A Wednesday Reuters survey of OPEC production shows the group made up for declines in Iranian shipments in October by boosting production to its highest level since 2016. Worry over demand getting...

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Trump seeks deal with Xi this month

China's official Xinhua News Agency said that Xi accepted the call at Trump's invitation. The commodity has lost around 15 percent from four-year highs at the start of last month as Russian Federat...

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Chinese companies indicted for stealing Micron trade secrets

Chinese companies indicted for stealing Micron trade secrets

In addition to its intent to force China's hand in reducing import duties that it imposes on American goods and open the Chinese market to more USA companies, Trump, his trade representative, and ot...

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Japan airline apologizes for arrested drunk pilot

Japan airline apologizes for arrested drunk pilot

The airline has apologised for the breach and admitted that an in-house breath test was not conducted properly. A test later revealed that Jitsukawa had 189mg of alcohol per 100ml of blood, almost 1...

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UK, EU agree tentative Brexit deal on financial services

UK, EU agree tentative Brexit deal on financial services

In a letter accepting his proposal of a November 21 evidence session, committee chair Hilary Benn said he was "disappointed" with the new Brexit Secretary's failure to follow the pattern of regular ...

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Starbucks All-New Holiday Cups Actually Have A Christmas Theme This Year

Starbucks All-New Holiday Cups Actually Have A Christmas Theme This Year

Inspiration: Starbucks chose to embrace the holiday spirit this year, CNN reports . 'The holidays mean something different to everyone, ' the Starbucks ad proclaimed previous year. 2, at Star...

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China stocks gain on trade war hopes

China stocks gain on trade war hopes

Afterward, Trump described the conversation as "long and very good" and said in a tweet that their discussions on trade were "moving along nicely". "I agree, this phone conversation was an extremely...

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USA doesn't want to harm friends, allies with Iran sanctions - Bolton

USA doesn't want to harm friends, allies with Iran sanctions - Bolton

With Saudi Arabia pumping out 10.65 million bpd so far in October, combined output from the top three oil producers is now higher than ever, at 33.41 million bpd, meaning that Russian Federation, the ...

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Google employees to walk out to protest treatment of women

Google employees to walk out to protest treatment of women

The walkout came in the wake of a New York Times story that detailed allegations of sexual misconduct against a handful of Google employees including Android software creator Andy Rubin and Richard...

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US limits tech exports to Chinese firm on security grounds

US limits tech exports to Chinese firm on security grounds

The move escalated what until now had been a business dispute into the realm of an worldwide trade conflict between the United States and China . Fujian Jinhua, which is starting up a new $5.7 bi...

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280000 barrels of oil traded at IRENEX on 1st day

280000 barrels of oil traded at IRENEX on 1st day

No rates are advertised for the U.S. dollar and the euro. The Iranian government has prepared plans to counter the impacts of returning USA sanctions by maintaining oil exports above one million bar...

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New solar charging tech being developed by Hyundai for vehicles

New solar charging tech being developed by Hyundai for vehicles

The vehicle can then use that energy to reduce engine usage, thus increasing fuel economy and cutting Carbon dioxide emissions. The first is a conventional silicon-based solar roof that will be fitt...

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‘Candy Converter’ Let’s You Trade Unwanted Candy for Reese’s Peanut Butter Cups

‘Candy Converter’ Let’s You Trade Unwanted Candy for Reese’s Peanut Butter Cups

Well, Reese's has your back. That's why some trick-or-treaters in New York City could be flocking to this seemingly innocent-looking vending machine to trade in their unwanted disappointing candy ...

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VW to launch ride-hailing service with autonomous EVs

VW to launch ride-hailing service with autonomous EVs

As per the norms of the deal, Mobileye will provide the self-driving technology, Volkswagen will supply a fleet of electric cars, and Israel's second largest auto importer and distributor, Champio...

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Facebook Misses Sales Estimates, Weighed Down by Scandals

Facebook Misses Sales Estimates, Weighed Down by Scandals

The overall picture was brighter, with all DAUs increasing 9 percent YoY to 1.49 billion, though analysts had forecast 1.5 billion. The company said 2.6 billion users interact with at least one of i...

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Israel stages Ease of Doing Business turnaround

Israel stages Ease of Doing Business turnaround

In its annual report, the World Bank said overall, the BRIC economies - Brazil, Russia, India and China - improved their average ease of doing business score by a combined total of nearly 19 points ...

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Brexit threat to Britains latest budget

Brexit threat to Britains latest budget

Hammond, who unveiled the news during his Budget address in the Houses of Parliament, said that he expects to raise around £ 400M ($511M) per year by taxing companies that operate search engine...

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Report FBI conducting criminal investigation into Tesla

Report FBI conducting criminal investigation into Tesla

The DOJ has also investigated statements that chief executive officer Elon Musk made about trying to take the company private. Tesla Motors delivered on CEO Elon Musk's promise to make money d...

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Govt Sends Letters to RBI Invoking Section 7 of RBI Act

Govt Sends Letters to RBI Invoking Section 7 of RBI Act

The government has invoked Section 7 of the Reserve Bank of India (RBI) Act. The Narendra Modi government is reportedly readying to issue a statement soon to clarify its position on the matter. ...

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Hammond cuts budget deficit forecast for coming years

Hammond cuts budget deficit forecast for coming years

Kevin Gardner has been CEO of the charity for 18 months and said: 'Clearly we welcome any investment into mental health services, there has been under investment in the NHS for decades. However th...

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NZ dollar lifted as Donald Trump predicts great deal with China

NZ dollar lifted as Donald Trump predicts great deal with China

The MSCI Asia Pacific Index halted a five-day losing streak after Trump held out the possibility of a trade deal with China , even as his administration prepares for a possible expansion of tariffs. ...

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IBM to Acquire Red Hat for $34 Billion

IBM to Acquire Red Hat for $34 Billion

Companies today are already using multiple clouds. "Open source is the default choice for modern IT solutions, and I'm incredibly proud of the role Red Hat has played in making that a reality in t...

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The UK government blocks Royal Mint cryptocurrency plan

The UK government blocks Royal Mint cryptocurrency plan

The company, which produces about five billion coins a year, had planned for its Royal Mint Gold project to be hosted by CME , the United States exchange group, but it withdrew at the last minute. ...

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United States economy grows faster than expected

United States economy grows faster than expected

In addition, real consumer spending grew four per cent at an annual rate in the third quarter, substantially up from the 2.6 per cent pace during the preceding four quarters, it said . Exports decl...

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Volkswagen Expands Crossover Portfolio With Small T-Cross Crossover

Volkswagen Expands Crossover Portfolio With Small T-Cross Crossover

At the moment, a hybrid Volkswagen T-Cross doesn't appear to be in the pipeline. Running on the Wolfsburg-based brand's ubiquitous MQB platform , the five-seater T-Cross measures 4,11 metres long, ...

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Oil falls on oversupply worries despite Iran sanctions

Oil falls on oversupply worries despite Iran sanctions

US President Donald Trumps' Iran sanctions will apply from November 5 and in its wake it is highly likely that crude oil which has receded to lower levels will again trade higher at levels of $85 ...

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