Sunday November 18-th, 2018

Japan's Panasonic to move European headquarters to Amsterdam in October - Nikkei Japan's Panasonic to move European headquarters to Amsterdam in October - Nikkei

Panasonic, like most other companies plotting the future for their post-Brexit operations, also cited concerns about freedom of movement, retaining current access to European Union markets and the possibility of a "no deal" scenario. If Panasonic end...

No deal yet in US, Canada NAFTA talks

US President Donald Trump issued a warning to both Canadian Prime Minister Justin Trudeau and Congress on Saturday in a post on Twitter. President TrumpDonald John TrumpCalifornia lawmakers pass stiffest net neutrality law in US Trump criticizes...

CBOE Announces an Ether Futures CBOE Announces an Ether Futures

That's because the launch of ether futures would provide an easy way for ether bears to bet against the coin. The report further states that CBOE wants to receive further regulatory clarity from the Commodity Futures Trading Commission ( CFTC )...

KFC could pay you to name your baby after Colonel Sanders KFC could pay you to name your baby after Colonel Sanders

In honour of the owner and founder of Kentucky Fried Chicken (KFC) Harland Sanders' 128th birth anniversary, KFC has planned to reward parents who deliver their child on September 9. The name "Harland" has decreased in popularity over the years. Th...

Donald Trump Scraps Federal Employees' Planned Pay Raise, Calls It 'Inappropriate' Donald Trump Scraps Federal Employees' Planned Pay Raise, Calls It 'Inappropriate'

Sen. Benjamin L. Cardin , a Maryland Democrat representing many federal workers living in the D.C. area, quickly criticized the move. The federal budget deficit has grown 16 percent this fiscal year, the result of a combination of Trump-supporte...

IMF Argentina Bailout Working About As Well As The Last One IMF Argentina Bailout Working About As Well As The Last One

President Mauricio Macri has asked the International Monetary Fund for an advance on a $50bn bailout loan. In volatile trading yesterday, ... A rupee is now worth less than one and one-half US cents, a almost 11 percent decline against the USA ...

Ford cancels Focus crossover model, cites Trump tariffs Ford cancels Focus crossover model, cites Trump tariffs

The Focus has been part of Ford's United States lineup since 1999, with hotter versions like the original SVT and recent ST and RS models aimed at the enthusiast market. Shares of the Michigan-based automaker fell during Friday's trading session. ...

Chidambaram expresses scepticism over GDP growth prospects in coming year Chidambaram expresses scepticism over GDP growth prospects in coming year

India's annual economic growth surged to a more than two-year high of 8.2 percent in the three months through June , giving Prime Minister Narendra Modi's government a political boost in the final year of his term before elections. The cumulative g...

Automakers jump as Trump-Mexico deal averts tariff doomsday Automakers jump as Trump-Mexico deal averts tariff doomsday

Freeland has declined to comment on the specific issues being discussed, saying the sides had agreed "we are not going to conduct our negotiation in public". His left-wing successor, Andres Manuel Lopez Obrador , takes office at the beginning of Dec...

Donald Trump threatens to pull USA out of World Trade Organisation Donald Trump threatens to pull USA out of World Trade Organisation

The agreement establishing the body "was the single worst trade deal ever made", Trump said. His remarks, made in an interview with Bloomberg News on Thursday, were the latest in a series of attacks on institutions of the global order that the U....

Donald Trump won't wait for Canada, new NAFTA sent to Congress Donald Trump won't wait for Canada, new NAFTA sent to Congress

For what it's worth, Bloomberg tells Axios that their reporters abided by the terms of the off-the-record agreement with the president. "At least Canada knows where I stand!" said Trump. Mr. Trump wrote, confirming that the accuracy of the ...

Rupee Collapses To New Record Low Rupee Collapses To New Record Low

The strong dollar in overseas markets and losses in the stocks markets also impacted the rupee sentiment. VK Sharma, head private client group and capital market strategy at HDFC Securities said , "Indian Rupee has depreciated around 11% year-to-d...

India GDP: Economic growth surges to 8.2%

Modi has been under pressure to make good his promise to deliver reforms and provide jobs to the millions of young people who enter the workforce each year as he faces a clutch of state elections this year followed by his planned re-election bid i...

Aston Martin is getting ready for an IPO in London Aston Martin is getting ready for an IPO in London

The Gaydon-based luxury sports vehicle maker is expected to be valued at £5 billion at the IPO, the Financial Times reported, with at least 25% of its shares expected to float in the offer, which follows seven consecutive quarters of profitability...

Costa Coffee SOLD to soft drinks giant Coca-Cola in shock £4bn deal Costa Coffee SOLD to soft drinks giant Coca-Cola in shock £4bn deal

Neil Wilson, chief market analyst at markets.com, said: "The price looks like investors will get more bang for their buck than they would have done with a simple demerger". Whitbread bought Costa, which is now the UK's biggest coffee chain, for just ...

Paytm confirms Berkshire investment, Todd Combs to join the board Paytm confirms Berkshire investment, Todd Combs to join the board

With this deal, Buffett's investment firm joins Japanese giant SoftBank that had a year ago bought a reported 20 percent stake in Paytm for an estimated $1.4 billion (over Rs 9,000 crore). Todd Combs , investment manager, Berkshire Hathaway, sai...

Panasonic to move United Kingdom headquarters to Amsterdam over Brexit fears

The Japanese technology giant announced today that it will move its European headquarters from the United Kingdom to Amsterdam in October as Brexit approaches. While on the surface this sounds like a way to attract business, "excessive tax cuts cou...

Trump cancels pay raise for federal workers Trump cancels pay raise for federal workers

Pay for military personnel will not be affected by Trump's decree; instead, United States troops are due a 2.6% pay increase next year. But Trump's pay freeze comes even as he touts a booming economy. Across-the-board pay increases and locality pay...

Argentina raises interest rate to 60%

The selloff in the Argentine peso continued Thursday, sending the currency to a record low against the USA dollar after the government of President Mauricio Macri asked the International Monetary Fund to speed up disbursements on a $50 billion ba...

Tesla Model S Goes Airborne After Driver Overspeeds Tesla Model S Goes Airborne After Driver Overspeeds

Police say the electric vehicle landed more than 100 feet into the opposing lane, forcing it to skid across the roadway and hit a tree in a nearby school parking lot. Both the people who were sitting in the vehicle were treated for minor injuries aft...

Federal court ruling leaves Trans Mountain pipeline expansion in doubt Federal court ruling leaves Trans Mountain pipeline expansion in doubt

The ruling requires the energy board to conduct a new review - which the court suggests could be kept short - and means the government will have to redo part of its consultations with Indigenous groups. "We'll see what the federal government deci...

JetBlue hikes checked baggage fees -- first bag hits $30 JetBlue hikes checked baggage fees -- first bag hits $30

Now the latest round of baggage fee increases will no doubt offset rising fuel costs too. Carry-on bags and one personal item are still free. In doing so, it has broken away from the pack of its industry peers including American , Delta and United...

Facebook Watch to be available worldwide: Here is everything to know

In April, when it began testing Ad Breaks , Facebook launched "preview" trailers for Watch shows that displayed within the News Feed. "The amount we're investing in this obviously is going to scale with the size of the opportunity, and obviously...

Vodafone, TPG to become $15b telco giant Vodafone, TPG to become $15b telco giant

Vodafone Hutchison Australia and TPG Telecom announced plans on Thursday (Aug 30) to merge into a A$15 billion (S$14.96 billion) telecommunications giant to take on key rivals Telstra and Optus. The new TPG, which will see current Vodafone chief Inak...

Oil sector depresses Nigeria’s Q2’18 GDP Oil sector depresses Nigeria’s Q2’18 GDP

The bureau, in the report which was made available to our correspondent, said the second quarter growth rate was constrained by contractions in oil GDP. The NBS disclosed this in its "Nigeria Gross Domestic Product (Q2 2018)" report released on Monda...

IN CASE YOU MISSED IT