Thursday September 19-th, 2019

Nissan 'abandons plans' to build new X-Trail in Sunderland Nissan 'abandons plans' to build new X-Trail in Sunderland

A spokesman said: "Nissan does not comment on rumour or speculation". The X-Trail is now produced exclusively in Japan. "Precise details of Nissan's impending announcement were unclear this weekend, but sources said it was likely to initially inv...

Weak factory activity threatens global growth Weak factory activity threatens global growth

The Caixin/Markit Manufacturing Purchasing Managers' Index PMI came in at 48.3 in January, compared to 49.7 in December. Economists in a Reuters poll had expected the sector to fall below the 50-mark that separates expansion and contraction, at a rea...

Unilever Posts 3.1% Sales Growth In Full-Year 2018 Unilever Posts 3.1% Sales Growth In Full-Year 2018

The household goods giant's new CEO Alan Jope said in the group's 2018 final results that "in 2019 we expect market conditions to remain challenging". The Unilever chief executive said that the company had only stockpiled two weeks' worth o...

Makeup chain Napoleon Perdis the latest retail brand to enter administration Makeup chain Napoleon Perdis the latest retail brand to enter administration

In 2015 Perdis greeted the arrival in Australia of Sephora - the largest beauty retailer in the world - as a "non-event". Napoleon Perdis' cosmetics brand has collapsed and is now up for sale, with hundreds of jobs on the line. The first concep...

European Union irks Britain by calling Gibraltar a 'colony' European Union irks Britain by calling Gibraltar a 'colony'

Gibraltar, home to 33,000 people, was ceded to Britain by Spain in 1713, in perpetuity. GBC's Christina Cortes asked the Chief Minister, Fabian Picardo, to confirm that Gibraltar is set to be listed as a visa-exempt territory, albeit in a separate ...

General Motors expected to cut 4,000 white-collar jobs Monday General Motors expected to cut 4,000 white-collar jobs Monday

GM wouldn't confirm the timing of the job cuts, with a spokesman telling CBS MoneyWatch that the company's priority is to first communicate with its employees about the cuts. Unhappy with the announcement, President Donald Trump said at the time ...

Jeff Bezos Suspects Mistress Lauren Sanchez’s Brother Leaked His Sexts Jeff Bezos Suspects Mistress Lauren Sanchez’s Brother Leaked His Sexts

The National Enquirer last month published intimate texts sent by Bezos to Lauren Sanchez , and Bezos mounted a private investigation to find out how they got into the public domain. I want to kiss your lips. According to the Daily Mirror, inve...

No-deal Brexit threat halves United Kingdom automotive investment No-deal Brexit threat halves United Kingdom automotive investment

Justin Benson, head of automotive at KPMG UK, also believes such a significant fall in volume is a major cause for concern to the automotive industry and together with a 20 per cent reduction in December 2018, compared to December 2017, the trend app...

India’s jobless rate hits 45-year high, says report India’s jobless rate hits 45-year high, says report

The controversy had resurfaced after the National Statistical Commission's Acting Chairman PC Mohanan and member JV Meenakshi, a professor at Delhi School of Economics, quit citing, among other things, the government's decision to withhold the NSS...

After Trump Intervenes, Foxconn to Move Forward With Construction of Wisconsin Factory After Trump Intervenes, Foxconn to Move Forward With Construction of Wisconsin Factory

On Friday, Foxconn did not go into detail about the plans for the plant or what kind of workers it meant to hire. But the firm now says it is going ahead after "productive discussions between the White House and the company, and after a persona...

Tesla shares fall after surprise CFO exit Tesla shares fall after surprise CFO exit

A note from JPMorgan Chase highlighted the exit as a key disappointment following Tesla's mixed results, citing the outgoing executive's "long automotive industry experience" and 11 years at the company. "The mid-size SUV segment is worldwide the m...

Total announces the Glengorm discovery in the North Sea Total announces the Glengorm discovery in the North Sea

Total hailed Glengorm, which is 118 miles east of Aberdeen in the P2215 licence area, as "another great success" in the North Sea, following its 180m boe gas find, Glendronach, west of Shetland, late previous year. He stressed "there's a lot of hype ...

2019 iPhone 3D leaks smell like Android’s Tango 2019 iPhone 3D leaks smell like Android’s Tango

A triple-camera iPhone is on the docket for 2019, and a new report suggests Apple is mulling a switch to USB-C, too. The report states that iPhone XI would have more powerful 3-D cameras as Apple wants to push the use of Augmented Reality (AR) ...

Publix says popcorn chicken could contain 'foreign material' Publix says popcorn chicken could contain 'foreign material'

The popcorn chicken, made by Pilgrim's Pride, was sold at all Publix stores in Florida and some in southern Georgia, southern and coastal SC and southern Alabama between January 17 and January 31. The foreign material that may be in the recalled popc...

Infant ibuprofen recall expanded due to higher concentrations of the drug Infant ibuprofen recall expanded due to higher concentrations of the drug

Infants already susceptible to the adverse effects of ibuprofen could be at a slightly higher risk if given medication from a recalled bottle. Tris Pharma, Inc. A recall on CVS and Equate-brand infant Ibuprofen was expanded Wednesday. At CVS, the...

U.S. economy adds 304,000 jobs in January U.S. economy adds 304,000 jobs in January

The figure was far in excess of economists' forecasts of 165,000. The unemployment rate in January ticked up from 3.9% to 4% - a gain the Labor Department said was due to the partial shutdown of the federal government. Average workers' wages kept...

Barclays to move £166 billion worth of assets to Ireland Barclays to move £166 billion worth of assets to Ireland

The 29 January court judgement pointed to the "continuing uncertainty over whether there might be a no-deal Brexit ", saying that the Barclays plan was a "carefully crafted and fair proposal" designed to deal with the problems such a scenario would ...

National Bank Financial Cuts WestJet Airlines (WJA) Price Target to C$17.50 National Bank Financial Cuts WestJet Airlines (WJA) Price Target to C$17.50

When it comes down to it, the investor will typically have to make this decision with their best interests in mind. Finding those stocks that are ready to ride the lightning may not be the easiest task with markets chugging along near all time highs....

Italy in recession as eurozone sluggish Italy in recession as eurozone sluggish

Italy's recession is one reason why the wider eurozone slowed in 2018. It's a development likely to renew concerns about the outlook for the 19-country eurozone economy. "However, the standoff between the government and the European authorities ove...

Government To Not Extend February 1 Deadline For E-Commerce Norms Government To Not Extend February 1 Deadline For E-Commerce Norms

They are only allowed to operate marketplace platforms where others sell goods to retail consumers. The All India Online Vendors Association, a group of about 3,500 online sellers, has accused both Flipkart and Amazon of using their dominant posi...

Heavy metals in juice Heavy metals in juice

We purchased three samples of each product from retailers across the country. Experts note that the risk from any one source, including fruit juices, is low, but as people are exposed to small doses from many sources, including baby food and rice ...

'Alexa was very busy': Amazon reports record profits and strong holiday season 'Alexa was very busy': Amazon reports record profits and strong holiday season

Amazon.com delivered revenues of $72.4 billion, capping off a year in which it reported total revenues of $232.9 billion. Overall revenue rose 20 per cent, and the company's "other" revenue category, which is mostly advertising, grew 95 per cent to...

Chinese engineer arrested in the USA for stealing Apple’s tech Chinese engineer arrested in the USA for stealing Apple’s tech

Apple has recently scaled back the project, laying off or transferring 200 employees from the unit, according to a recent report from CNBC . Last July, we reported that federal prosecutors had arrested a man for stealing secrets from Apple's self-...

Bitter cold and natural gas shortages shutter auto plants Bitter cold and natural gas shortages shutter auto plants

General Motors has stopped work at a dozen different manufacturing sites in MI amid a plea from Gov. Gretchen Whitmer and Consumers Energy to turn down their heat to 65 degrees until Friday after a utility fire at a Consumers facility in Macomb Towns...

Facebook Surges After Big Q4 Earnings Beat (NASDAQ:FB) Facebook Surges After Big Q4 Earnings Beat (NASDAQ:FB)

Facebook is working to let people send messages to one another no matter which of the company's messaging apps they are using, with an increasing emphasis on making content encrypted and ephemeral, according to Zuckerberg. usage", Debra Aho Williams...

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