Friday November 15-th, 2019

Vodafone pleads for govt relief after posting worst quarterly loss in India Vodafone pleads for govt relief after posting worst quarterly loss in India

The company is in the process of filing a review petition with the Supreme Court over the AGR judgement. Vodafone Idea has taken a one-time charge of 256.80 billion rupees and its revenue from operations more than halved to 108 billion rupe...

McLaren's new Elva roadster has a literal McLaren's new Elva roadster has a literal "wind-screen"

Powered by the firm's 4.0-litre, twin-turbocharged V8 engine has a claimed 0-100kph time of under 3sec and a 0-200kph time of 6.7sec - that's faster than the track-focused Senna . According to the company's announcement , the car's "blurred boundari...

Unemployment rates remain high in Calgary and Edmonton Unemployment rates remain high in Calgary and Edmonton

But that contrasts with "much softer" economic growth (GDP), noted CIBC analyst Royce Mendes said in a research note. Alberta actually added about 14,400 full-time positions in October, but those gains were hindered by the loss of 6,700 part-time p...

Powell urges Congressional panel to deal with finances deficits Powell urges Congressional panel to deal with finances deficits

A deficit of 4.6pc of economic output is the largest since 2012 and the budget shortfall is set to rise further under Mr Trump , who said yesterday that taxes could be cut again . The news also followed the near-trillion dollar budget gap recorded ...

China Trade Deal Hopes China Trade Deal Hopes "whet risk appetite", Gold Falls

Spot gold declined 0.4% to $1,465.77 USA per ounce, but was still set to rise more than 0.5% this week. Asian stocks fell after China's industrial output grew significantly slower than expected in October, as weakness in global and domestic deman...

WeWork posts US$1.25 bil loss despite revenue jump WeWork posts US$1.25 bil loss despite revenue jump

The number of desks it offers customers rose to a record 115,000 in the quarter to reach 719,000, including its India affiliate. A year earlier it had 354,000 desks. The Japanese group has also arranged a new $5-billion debt financing for WeWork and ...

Wetherspoons boss Tim Martin attacks Government Brexit deal and corporate governance

He said: "There can be little doubt that the current system has directly led to the failure or chronic underperformance of many businesses, including banks, supermarkets, and pubs". Mr Martin said the firms which enforce the rules - the shareholders ...

Trade Talks Stall as China Renegs on Farm Purchase Promises Trade Talks Stall as China Renegs on Farm Purchase Promises

Negotiators are "discussing this in depth", Gao said. USA officials said the industry had been free from the avian flu disease since 2017, but it had not resulted in a resumption of trade. White House trade hawks view those tariffs as a key source of...

Creative Planning Has $675,000 Stock Holdings in Aurora Cannabis Inc (NYSE:ACB) Creative Planning Has $675,000 Stock Holdings in Aurora Cannabis Inc (NYSE:ACB)

The average true range (ATR) is a measure of volatility introduced by Welles Wilder in his book, "New Concepts in Technical Trading Systems". Renaissance Technologies LLC now owns 1,693,900 shares of the company's stock valued at $13,271,000 af...

Twinkies Cereal coming to a grocer near you Twinkies Cereal coming to a grocer near you

A serving of Twinkies Cereal packs 180 calories, 6 grams of saturated fat, 135 milligrams of sodium and 16 grams of sugar, according to Post , which might actually be worse for your health than a traditional Twinkie. The cereal is the latest combina...

Ferrari Roma revealed as fresh-faced front-engined V8 coupé Ferrari Roma revealed as fresh-faced front-engined V8 coupé

Top speed is rated at more than 320 km/h, and as you'd expect from such a high-performance engine, the F154 takes only 98-octane gasoline. It's still the turbocharged 3.9-liter V8 found in the Portofino , but it nabs an eight-speed dual-clutch trans...

Amazon appeals $10B Pentagon contract won by Microsoft Amazon appeals $10B Pentagon contract won by Microsoft

In a company-wide meeting on Thursday, Amazon Web Services' CEO Andy Jassy said it would be challenging for a US agency to award a contract objectively when the president is disparaging one of the contestants, according to an Amazon spokesman...

Ford's new Mustang is an electric SUV Ford's new Mustang is an electric SUV

That will undoubtedly make some Mustang purists upset. That is the length of the new vehicle keeps up some center parts of the first and as long as the first vehicle that made the brand carries on also. But what's stopping buyers from snatching up ...

Nike Ends Partnership With Amazon Nike Ends Partnership With Amazon

But with all that, many companies to have found that Amazon is eradicating all third-party sellers and it is like a game of wack-a-mole. Examiners said it was an indication that Nike was looking for more noteworthy control of its image. However, Ni...

SAA to ground almost all flights from Friday SAA to ground almost all flights from Friday

Jim said Numsa will approach the South African Federation of Trade Unions to see if the SAA strike can be expanded to a wider basis. South African Airways (SAA ) has canceled flights scheduled for Friday and Saturday because of a pending strike by...

Australia’s Qantas operates 19 1/2 hour London-Sydney flight Australia’s Qantas operates 19 1/2 hour London-Sydney flight

Data from the flight, which has the auxiliary goal of delivering an airplane fresh from the Boeing factory in Seattle to Qantas's home base, will be used by the airline to help make a case to Australian authorities to grant permission to run the ...

China's digital currency will provide required anonymity in transactions, says official China's digital currency will provide required anonymity in transactions, says official

It is not clear when the new digital currency will be launched. As confirmed by the Central Bank of China, cash-like levels of privacy would be guaranteed with the digital currency but also admitted that it would keep the ability to impose stri...

Facebook removes 3.2 billion fake accounts, millions of child abuse posts Facebook removes 3.2 billion fake accounts, millions of child abuse posts

What's more, the company stated that it proactively detected content affiliated with terrorist organizations 98.5 percent of the time on Facebook and about 92.2 percent of the time on Instagram , Reuters reported . There are two types of accounts...

Tesla picks Germany for European plant Tesla picks Germany for European plant

Tesla CEO Elon Musk said during an awards ceremony in the German capital Tuesday evening that "we've made a decision to put the Tesla Gigafactory Europe in the Berlin area". "On the contrary, they also profit", said economist Alexander Schiersc...

Fed's Powell expects 'sustained expansion' of U.S. economy Fed's Powell expects 'sustained expansion' of U.S. economy

In the first of back-to-back days of testimony before Congress, Powell reaffirmed that the central bank is on hold after cutting the benchmark lending rate three times this year. Inflation, according to the Fed's preferred gauge, is just 1.3%, though...

Scandal-hit Nissan's profits crash amid lower global sales:The Asahi Shimbun Scandal-hit Nissan's profits crash amid lower global sales:The Asahi Shimbun

Although other automobile manufacturers such as Honda Motor Co and Mazda Motor Corp have also slashed sales and profit outlooks for the year, Nissan is struggling with the added burden of financial mismanagement under Ghosn. Nissan shares , down 19% ...

Skoda Octavia ups the ante with plug-in hybrid and more tech Skoda Octavia ups the ante with plug-in hybrid and more tech

In addition to the regular setup, buyers can specify a sports suspension that is 15 mm lower, as well as a Rough Road chassis with an extra 15 mm of ground clearance. It gets a new Mercedes-like layout for the dashboard with ambient lighting. The cu...

Costco says $75 coupons are a scam Costco says $75 coupons are a scam

None of the website are operated by Costco, Snopes reported, giving the pages a "scam" warning. Users were asked to provide personal details, such as their name, address and phone number, and complete a lengthy series of surveys. The company says...

Tesla cites Brexit as Germany chosen over United Kingdom for European plant

Mass production of the auto will start in 2021 and the vehicle will be sold under the Hengchi brand, China Evergrande said in a statement on Tuesday. "I actually have an announcement, which I hope will be well received", said Musk. Media captionAre...

Nike calls off pilot program with Amazon ending direct sales Nike calls off pilot program with Amazon ending direct sales

Nike has chose to stop selling on Amazon, ending a pilot program that started in 2017. Under the pilot program launched in 2017, Nike sold products directly to Amazon as a wholesaler to offer an alternative to third-party sellers, according to Blo...

IN CASE YOU MISSED IT