Wednesday December 12-th, 2018

Istanbul to unveil new airport, seeks to be world's biggest Istanbul to unveil new airport, seeks to be world's biggest

U.S. President Donald Trump has stressed the importance of the partnership between Turkey and the United States in his message to celebrate the 95th anniversary of the Turkish Republic . On the Asian side of the city, Sabiha Gokcen Airport han...

Finance minister Jaitley slams RBI as rift between govt, central bank deepens Finance minister Jaitley slams RBI as rift between govt, central bank deepens

Giving a cricketing analogy, Acharya had said a government's horizon of decision-making was rendered short, like the duration of a T20 match, by several considerations. The statement issued by the union said, the hiatus has widened now and the deputy...

Micron's Chinese DRAM antagonist hit with United States export boycott Micron's Chinese DRAM antagonist hit with United States export boycott

Fujian Jinhua and Taiwanese partner United Microelectronics Corp. Beijing has spent heavily to build up Jinhua and other chip makers as part of efforts to transform China into a global leader in robotics, artificial intelligence and other technolog...

Trump Predicts a Trump Predicts a "Great Deal" With China as Bilateral Trade Row Persists

Stocks took a tumble Monday with the Dow Jones Industrial Averageexperiencing a dramatic swing to close down almost 250 points amid concerns of another wave of Chines tariffs. The US has also flagged its intention of raising the current 10 per cent t...

United Kingdom announces digital services tax on tech giants United Kingdom announces digital services tax on tech giants

The government expects it to raise more than $510 million a year. Paul Johnson, director of the Institute for Fiscal Studies , said: "He's just simply chose to spend all of that". "The scale would be very hard to predict, given the lack of precede...

Where General Electric Company (GE) Stands on Analytical Review Chart?Expert Gazette Where General Electric Company (GE) Stands on Analytical Review Chart?Expert Gazette

Analysts suggested consensus 3.5 rating after analysis. The 200-day simple moving average is one of the most important tools when trading. The stock price moved -14.37% off its 50 Day low and changed 5.26% to its 50 Day high. The company has a to...

Dad at Alabama McDonald's with kids fatally shoots masked gunman Dad at Alabama McDonald's with kids fatally shoots masked gunman

The gunman died from his injuries sustained in the shootout and the other two suffered injuries described as non-life threatening. The father, one son, and the masked man were shot. A witness who told police she was at the drive-thru said she heard...

Canada Has Almost Run Out Of Weed Two Days After Legalising It Canada Has Almost Run Out Of Weed Two Days After Legalising It

Medical marijuana has been legal in Canada since 2001, and Justin Trudeau's government has spent two years working to expand that to include recreational use. They also estimate that almost 4.9 million Canadians smoke already. "The first day of l...

Passenger plane crashes near Indonesia shortly after taking off from Jakarta Passenger plane crashes near Indonesia shortly after taking off from Jakarta

Monday. Lion Air spokesman Danang Mandala Prihantoro said "we can confirm that one of our flights has lost contact, its position cannot be ascertained yet". It is believed that the flight - JT 610 - took off from Jakarta at 6:10 AM and was slat...

United Kingdom Royal Mint Gold (RMG) digital currency hits a deadlock United Kingdom Royal Mint Gold (RMG) digital currency hits a deadlock

The Royal Mint Gold (RMG) road could have hit a dead end suddenly ending its existence before it starts. Royal Mint also reportedly tried to save the project by looking at other exchanges to partner up. Previously regarded as an exciting develop...

IBM acquires Red Hat IBM acquires Red Hat

Editor's note: Earlier this afternoon, Red Hat president and CEO Jim Whitehurst shared this email with Red Hat associates about why Red Hat agreed to merge with IBM in a deal worth $34 billion . But according to IBM, the combined assets of both firm...

NY brings legal charges against Exxon for misleading investors NY brings legal charges against Exxon for misleading investors

Unlike other lawsuits , this one does not focus on Exxon's role in contributing to climate change. Other cases hinge on Exxon's contribution, as one of the largest oil companies in the world, to the burning of fossil fuels. However, Exxon has procee...

Spending Slowdown Casts Shadow on Solid U.S. GDP Report Spending Slowdown Casts Shadow on Solid U.S. GDP Report

While that would mark a slowdown from 4.2 percent in the second quarter, it would still well exceed the economy's growth potential, which economists put at about 2 percent. The economy has been expanding in the 2 percent range in the past few years...

USD 4.3bn funds raised by Indian start-ups in 9 months: Nasscom USD 4.3bn funds raised by Indian start-ups in 9 months: Nasscom

If India wishes to cement its position as the startup hub, it is important to nurture and sustain its increasing entrepreneurship culture. The dark cloud of uncertainty surrounding India's cryptocurrency ecosystem is far from dissipating as t...

Oil prices drop as oversupply looms amid global market woes Oil prices drop as oversupply looms amid global market woes

Wall Street has had its biggest decline since 2011 and contagion is hitting other markets around the world. Financial markets have been hit hard by a range of worries, including the US-China trade war, a rout in emerging market currencies, rising...

Tesla reportedly faces FBI investigation over production numbers Tesla reportedly faces FBI investigation over production numbers

Former Tesla employees have reportedly been contacted by the Federal Bureau of Investigation. Tesla recently settled a civil lawsuit by the Securities and Exchange Commission, which sued over tweets by founder Elon Musk that he had funding in pla...

President Trump Raises Attacks On The Federal Reserve's Chairman President Trump Raises Attacks On The Federal Reserve's Chairman

President Trump discusses the midterm elections, the Fed's interest rate hikes and why US economic growth will help bring people together. Asked about removing him from the post, which comes with a four-year term that started in February, Trump said,...

New Jersey Man Breaks His Hip but Wins the Lottery New Jersey Man Breaks His Hip but Wins the Lottery

Mr Livingston had to be hospitalised at Jefferson Stafford Hospital and missed out on buying an entry. Kelley Brooks bought a Mega Millions victor after her husband Larry sent her a reminder text to pick up a ticket. Last month, a drought-strick...

Most reliable cars: Tesla Model S plunges in Consumer Reports ranking Most reliable cars: Tesla Model S plunges in Consumer Reports ranking

Mazda , Subaru and Kia round out the top five. Every domestic automaker landed in the bottom half of the magazine's new-car reliability rankings, which include data collected for more than 500,000 vehicles. There were some bright spots for Detroit ...

Microsoft surprise helps boost U.S. stocks after long losing streak Microsoft surprise helps boost U.S. stocks after long losing streak

USA bond prices edged lower. The S&P 500 index fell 43 points, or 1.6 percent, to 2,661. USA trade wars, Federal Reserve rates policy, and the dispute between Italy and the European Union are also pressuring the markets. That stretch included a c...

Snap Stock Falls As Snapchat Continues To Lose Users Snap Stock Falls As Snapchat Continues To Lose Users

They estimate a loss of between $75M-$100M (adjusted EBITDA ) in Q4, which is feasible as the Balance sheet has some room for more losses if shareholders are willing to be patient. For 2019, its internal stretch goal (not guidance) is to accelerate ...

Saudi Crown Prince Calls Journalist's Killing 'Repulsive,' Vows Justice Saudi Crown Prince Calls Journalist's Killing 'Repulsive,' Vows Justice

It was carried out poorly. Somebody really messed up. Trump on Tuesday called the operation a "total fiasco". Details of the alleged recording - which Turkish sources have leaked to media outlets for weeks - apparently prove he was tortured and...

Super rich increase wealth by a record $1.4 trillion Super rich increase wealth by a record $1.4 trillion

They're also getting younger in many cases. The world's billionaires saw their collective wealth rise 19 per cent to US$8.9 trillion (S$12.32 trillion) in 2017, led by growth in China, which minted two new billionaires every week, according to a ne...

Google fires 48 people for sexual harassment Google fires 48 people for sexual harassment

Rubin's spokesperson, Sam Singer , told the New York Times that he left Google on his own accord. He went on to say that Google was "dead serious" about providing a "safe and inclusive workplace". "When Google covers up harassment and passes th...

Twitter Lost 9 Million Monthly Active Users Last Quarter Twitter Lost 9 Million Monthly Active Users Last Quarter

In total, monthly users fell from 335 million down to 326 million. In the first half of September, the company said it challenged an average of 9.4 million accounts each week. "Our objective is to serve the public conversation". It has also used new ...

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