Tuesday May 21-st, 2019

British PM delays Brexit deal vote but European Union warns no renegotiation

The prime minister was forced to abandon a vote on her Brexit deal, which was due to take place today, after admitting it "would have been rejected by a significant margin" if put before MPs. European sources privately say only tweaks in the accomp...

Theresa May calls off Commons Brexit vote Theresa May calls off Commons Brexit vote

In the wake of reports the Brexit vote had been called off, sterling fell 0.4% against the USA dollar to 1.26. Labour MP Chris Leslie suggested his party could table a no-confidence motion in the prime minister on Tuesday. The remaining two days of...

UK's PM May pulls parliamentary vote on Brexit deal UK's PM May pulls parliamentary vote on Brexit deal

Prime Minister Theresa May on Downing Street, London , on December 10. On Monday, Ireland's Prime Minister Leo Varadkar noted that it would be impossible to renegotiate the backstop without renegotiating all of the Brexit deal . There is still ...

Elderly Florida woman run over by purse thief Elderly Florida woman run over by purse thief

The woman chased the man into the parking lot and tried to confront him. Surveillance footage from outside the McDonald's then showed the woman opening the vehicle's door before the man reversed the auto, knocking her down to the ground as a result...

Macron to speed up tax cuts, raise wages after protests Macron to speed up tax cuts, raise wages after protests

Graffiti scrawled throughout the French capital singles Macron out for criticism, reflecting a national sense that the former banker is arrogant and removed from public concerns. Fallout from the protests so far could cost France 0.1 percent of gross...

French FM reacts to Trump’s tweet: ‘Leave our nation be’ French FM reacts to Trump’s tweet: ‘Leave our nation be’

The time is for dialogue, the government says, and the president will make an address to the nation early this week. The protests have shown little sign of easing since they began on November 17. "He never had legitimacy, certainly not to do the ...

Qualcomm wins Chinese court order banning some iPhone models Qualcomm wins Chinese court order banning some iPhone models

Morningstar Inc. analyst Abhinav Davuluri said Monday's ruling represents "another small piece" of the tit-for-tat between the two companies. Qualcomm , the leading supplier of chips for mobile devices, has been in a prolonged legal battle with A...

RBI governor Urjit Patel resigns: PM Modi to Raghuram Rajan react RBI governor Urjit Patel resigns: PM Modi to Raghuram Rajan react

Urjit Patel was the RBI Governor when two major economic policies - demonetisation and GST - were implemented by the government. Section 7 of the RBI Act says "the central government may from time to time give such directions to the bank as it may,...

Nissan moves to block Ghosn access to Rio flat Nissan moves to block Ghosn access to Rio flat

With Kelly's help, Ghosn, who was sacked as Nissan chairman days after his arrest, allegedly hid about 5bn yen (£35m) in income over a five-year-period up to March 2015. According to local news agency Kyodo, he has admitted signing documents to defer...

Tesla CEO Elon Musk taunts US financial regulatory agency Tesla CEO Elon Musk taunts US financial regulatory agency

But the system would have failed if I was truly erratic", Musk said. When asked if the new chairperson was put in place to watch over Musk, Musk said that wasn't the case. "It's not realistic in the sense that I am the largest shareholder of the comp...

China urges U.S. to withdraw arrest warrant in Canada of Huawei executive

The U.S. has pressured European countries and other allies to limit use of its technology, warning they could be opening themselves up to surveillance and theft of information. The statement warned that Beijing would make an unspecified "further resp...

Musk suggests Tesla's new chairwoman won't rein him in Musk suggests Tesla's new chairwoman won't rein him in

The charges stem from a tweet the 47-year-old billionaire wrote in August, which detailed plans to take Tesla private. The Twitter messages, which resulted Musk eventually his role as president of Tesla, as part of a settlement with the SEC.

Uber races towards IPO as competition with rival Lyft picks up pace Uber races towards IPO as competition with rival Lyft picks up pace

The Times reported Uber submitted the filings with U.S. Securities and Exchange Commission regulators Thursday, the same day its competitor Lyft, filed . Analysts hadn't expected Uber to go public "until the middle of next year", Recode reported on ...

Nissan to recall 150,000 more vehicles in Japan after improper inspections Nissan to recall 150,000 more vehicles in Japan after improper inspections

Ghosn, who is still chairman and chief executive of Renault despite pressure from the French government to dismiss him, is well-known for changing the fading fortunes of the auto manufacturers he worked at. If confirmed, it would represent another bl...

Crypto Collapse Plunges Market Cap to 16 Month Low Crypto Collapse Plunges Market Cap to 16 Month Low

Bitcoin traded at $3,376.27 as of 8:40 a.m. ET Friday, falling 8 percent over the last 24 hours, according to data from industry site Coindesk. Ripple, the second-largest cryptocurrency by market cap, fell about 10% to $0.30 as of time of publica...

Marriott emails Canadian customers about recent data breach Marriott emails Canadian customers about recent data breach

A small percentage of records stolen are also said to have included scrambled payment card data. The hackers, as the hotel group announced , had stolen the information, including phone numbers, email address, and passport numbers among other thing...

How major U.S. stock indexes fared Friday | Columbus Ledger-Enquirer How major U.S. stock indexes fared Friday | Columbus Ledger-Enquirer

Technology stocks led the broad sell-off, which erased more than 500 points from the Dow Jones Industrial Average . On Thursday, 1,322 stocks made new 52-week lows on the Nasdaq and NYSE on Thursday, the most since January 2016. Stocks are edging ...

Winter storm in the Southeast may make travel 'impossible' Winter storm in the Southeast may make travel 'impossible'

The cancellations have had knock-on effects to connecting services, with 2,832 delayed and 358 canceled flights across the US, according to FlightStats.com Saturday night. Winter storm warnings are in effect for areas in northeastern Georgia, northw...

Oil surges after 1.2mn bpd production cut agreement Oil surges after 1.2mn bpd production cut agreement

The price of crude LCOc1 has fallen nearly a third since October as Saudi Arabia , Russia and the United Arab Emirates raised output to offset lower exports from Iran . Dollar, which could drive up foreign demand for U.S. crude. "On top of this, ...

Unemployment rate up slightly in November: Statistics Canada Unemployment rate up slightly in November: Statistics Canada

Sixteen thousand jobs were added in British Columbia but the unemployment rate rose by 0.3 percentage points to 4.4 per cent after holding a rate of 4.1 in October. Experts expect that wage growth will rise due to tightening conditions in the labour ...

An Amazon Go Stores May Be Coming to An Airport Near You An Amazon Go Stores May Be Coming to An Airport Near You

The email chat shows Amazon representatives suggesting a chat with airport managers about a number of different ways to do business together, Amazon Go included. Operating in airports will present new challenges for Amazon Go. In September, Bloo...

November Hiring Slowed To 155K Jobs, Unemployment Rate Stayed 3.7 Percent November Hiring Slowed To 155K Jobs, Unemployment Rate Stayed 3.7 Percent

Employers have posted 7 million open jobs, outnumbering the ranks of the unemployed, which fell last month to just under 6 million. The slowdown in hiring reported by the Labor Department on Friday is likely the result of worker shortages.

New Skoda Scala Unveiled - Will It Come To India? New Skoda Scala Unveiled - Will It Come To India?

The boot can be optioned with an electric tailgate opening and closing function. Skoda is chasing class-leading room with the Scala, and with a 467-litre boot, it will comfortably hold more than the Focus, Astra or current Golf - indeed, more tha...

China to 'immediately' implement United States trade truce measures

China's exports to the United States rose by 9.7 per cent year on year to US$46.2 billion in November, while imports dropped 25 per cent to US$10.6 billion, according to data published by the General Administration of Customs in China on Saturday....

Fiat Chrysler 'plans new USA factory' Fiat Chrysler 'plans new USA factory'

According to the anonymous sources cited by The Detroit News , the Jeep that's going to be built at the refreshed Mack Avenue plant is a three-row 2021 Jeep Grand Cherokee , something we first heard about back in June . "This is a very different s...

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