Tuesday November 20-th, 2018

Fuel prices begin comedown as wholesale price drops Fuel prices begin comedown as wholesale price drops

RAC spokesman Rod Dennis welcomed the news, saying: "At last, retailers have done the right thing and started to cut prices at the pumps". Recent falls in the price of oil are a result the United States drilling for more oil than it has done in mor...

APA Group a $13bn Chinese takeover target APA Group a $13bn Chinese takeover target

Any takeover would be subject to Foreign Investment Review Board approval, with the consortium, comprising CK Infrastructure Holdings, CK Asset Holdings and Power Assets Holdings, saying it had already held preliminary talks with the FIRB.

Washington unemployment rate at 4.7 percent

The underemployment rate, which is the proportion of people who are working but would like to work more hours, remains below the peak of 8.7 per cent seen in 2017. The largest decline was seen in WA where employment dropped 1,900. The number of une...

Rolls-Royce announces 4,600 job cuts with Derby base hardest hit Rolls-Royce announces 4,600 job cuts with Derby base hardest hit

Rolls-Royce missed out on this market last time round and probably can not afford to do so again. The company said it will take a one-off financial hit of £500 million ($670 million) as a result of the restructuring. The announcement from the firm ...

VW says will pay 1 bn euro German fine over emissions cheating VW says will pay 1 bn euro German fine over emissions cheating

German auto manufacturer Volkswagen AG announced Wednesday to accept 1 billion euro (1.18 billion US dollars) fine issued by local public prosecutor in the context of the diesel gate scandal, to terminate proceeding in Germany . The law enables c...

Trump announces tariffs on $50 billion in Chinese imports Trump announces tariffs on $50 billion in Chinese imports

The immediate response from China on Friday signalled a rapid escalation of the dispute. China has published its own list of threatened tariffs on US$50 billion in USA goods, including soybeans, aircraft, and cars, and has said it would hit b...

1 deputy killed, another shot in court building 1 deputy killed, another shot in court building

Rohrer had seven years of service with the Wyandotte County Sheriff's Department. He said the shooting suspect was critically injured in the shooting and is now in surgery. The Rev. Vernon Howard, president of the Southern Christian Leadership Conf...

Seattle leaders repeal Amazon 'head tax' passed one month ago Seattle leaders repeal Amazon 'head tax' passed one month ago

The measure would have taxed 585 employers in the city $275 per employee per year, raising about $47 million annually to fund homeless housing projects, NPR reported Wednesday . In 2017, almost three decades after New Jersey's Bruce Springsteen publ...

Landmark plumber ruling does not spell end of gig economy Landmark plumber ruling does not spell end of gig economy

A member of security stands guard inside the Supreme Court in London, Britain, January 23, 2017. Lord Wilson , Lady Hale, Lord Hughes, Lady Black and Lord Lloyd-Jones agreed the tribunal was entitled to conclude that Smith qualified as a "work...

Elizabeth Holmes, Theranos founder, charged Elizabeth Holmes, Theranos founder, charged

The indictment came out moments after Theranos said Holmes would be stepping down from the blood-testing company that has unraveled amid revelations that her main product was a fraud. The SEC alleged that she had lied and exaggerated for years about ...

Trump slaps tariffs on China, triggering swift retaliation Trump slaps tariffs on China, triggering swift retaliation

China had earlier offered to increase purchases of American goods to help defuse the crisis, but Geng said all such proposals would be off the table if Washington went ahead with tariffs. United States trade representative Ambassador Robert Ligh...

Euro Suffers Biggest Fall Since October as ECB Reveals Interest Rate Policies Euro Suffers Biggest Fall Since October as ECB Reveals Interest Rate Policies

Emerging market stocks were hit particularly hard, tumbling 1.12 percent, a move maybe attributable as much to a strong dollar as to trade tensions. While it is not clear when Trump will activate the measures, rising Sino-U.S. Sterling steadied ab...

Technical glitch with American Airlines causes headaches for thousands of travelers Technical glitch with American Airlines causes headaches for thousands of travelers

The outage has affected about 4 percent of American's global flight operations, primarily shorter routes from its hub in Charlotte, North Carolina, the carrier said by email Friday. Vehicle rental businesses are also struggling to accommodate the str...

McDonald's to phase out plastic straws from September

The move coincides with the UK's proposal to ban single-use plastic straws and similar products, the first country to propose such a widespread ban. It follows a successful trial at a handful of venues from April. Initially only a limited number ...

Salmonella Outbreak Linked To Kellogg’s Honey Smacks Cereal — CDC Salmonella Outbreak Linked To Kellogg’s Honey Smacks Cereal — CDC

Salmonella can cause serious illness or even death in rare cases. The Kellogg Company said Thursday it was voluntarily recalling 15.3-ounce and 23-ounce packages of the cereal with a "best if used by" date from June 14, 2018, through June 14...

Donald Trump to impose tariffs on China Donald Trump to impose tariffs on China

U.S. President Donald Trump has chose to impose tariffs on about US$50 billion in Chinese imports, according to two people familiar with the matter, in a move likely to escalate trade tensions between the world's two biggest economies. Scott Kennedy,...

Fresh ABS figures show unemployment rate is down to 5.4 per cent Fresh ABS figures show unemployment rate is down to 5.4 per cent

The seasonally adjusted unemployment rate fell to 5.4 per cent, from 5.6 per cent in April, as employment grew by 12,000, figures from the Australian Bureau of Statistics show. In a sign of a slowdown in the jobs market since the start of the year, o...

Australia leapfrog Iran to become top Asian nation in Federation Internationale de Football Association rankings Australia leapfrog Iran to become top Asian nation in Federation Internationale de Football Association rankings

After our wedding, I went to the national team to prepare for the World Cup . Australia have moved up the final Federation Internationale de Football Association rankings before this month's World Cup and will enter the tournament in their bes...

Microsoft may be aiming for Amazon with cashier-less shopping technology Microsoft may be aiming for Amazon with cashier-less shopping technology

It's supposedly flashed samples of this tech and has even discussed potential collaboration with Walmart . If Microsoft were to take on Amazon in this space, it could give brick-and-mortar retailers a chance at fighting back as Amazon enters their...

Verizon Wireless Launches 'Above' Unlimited Data Plan For Extreme Data Hogs Verizon Wireless Launches 'Above' Unlimited Data Plan For Extreme Data Hogs

However, in true Verizon fashion, the plan is riddled with asterisks and boilerplate fine print. Verizon's customers have been crying for a truly unlimited data plan for years, and the largest mobile network provider in the US continues to answer t...

Trump expected to take 'significant action' against China on trade Trump expected to take 'significant action' against China on trade

He argues China has long taken advantage of American leaders, damaging US companies and workers in the process. The president has coordinated closely with China on efforts to get Pyongyang to eliminate its nuclear arsenal. "It's really not just tar...

SEC Official Pushes Back on Claims Ether Is a Security SEC Official Pushes Back on Claims Ether Is a Security

The U.S. Securities and Exchange Commission has now decided that Ethereum is not a security according to federal guidelines. While the SEC has previously signaled that it didn't consider Bitcoin a security, it had been mum on other cryptocurrencie...

Saudi oil output said to rise above 10 MMbpd Saudi oil output said to rise above 10 MMbpd

In the United States, output has risen by nearly a third in the last two years, to a USA record of 10.8 million bpd. The price is obviously a result of supply and demand. Fresh data from the cartel shows that Saudi Arabia , the de facto leader of ...

Trump declares oil prices 'too high', blames Opec Trump declares oil prices 'too high', blames Opec

A flag with the Organization of the Petroleum Exporting Countries (OPEC) logo is seen before a news conference at OPEC's headquarters in Vienna , Austria, December 10, 2016. "Iran has already signaled that it will resist any such attempts and blames...

Russian president Vladimir Putin promises 'unforgettable and vibrant' World Cup Russian president Vladimir Putin promises 'unforgettable and vibrant' World Cup

In the World Cup finals' opening game, between two very mediocre sides, Saudi Arabia's five-man midfield passed the ball well in the first half and still went in two goals down. Gazinskiy headed in Golovin's cross to score the first goal of the 2...

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