Monday November 18-th, 2019

Multiple iOS apps are reportedly sharing sensitive data with Facebook Multiple iOS apps are reportedly sharing sensitive data with Facebook

Federal Trade Commission investigation into disclosures that Facebook inappropriately shared information belonging to 87 million users with British political consulting firm Cambridge Analytica. The social network doesn't seem to be directly at fau...

Trudeau gov’t calls NEB’s Trans Mountain decision an ‘important milestone’ Trudeau gov’t calls NEB’s Trans Mountain decision an ‘important milestone’

Canada's energy regulator has once again recommended that the federal government approve the Trans Mountain oil pipeline and tanker expansion project. Alberta has been fighting hard for the Trans Mountain expansion so that the province could move mor...

Government eases norms for start-up, raises turnover limit-operation tenure Government eases norms for start-up, raises turnover limit-operation tenure

Investments into eligible startups by non-residents, SEBI registered alternative investment funds-category I will also be exempted under Section 56 (2)(viib ) of the Income Tax Act beyond the Rs25 crore limit, according to Prabhu. Commenting on the ...

Zimbabwe launches new currency measure Zimbabwe launches new currency measure

The Reserve Bank of Zimbabwe (RBZ) on Wednesday said it would carry out a "managed float" of the surrogate bond notes and electronic dollars, effectively creating a national currency for the first time since adopting the US dollar in 2009. Economists...

Stocks trading cautiously ahead of Fed minutes Stocks trading cautiously ahead of Fed minutes

The Fed raised the benchmark lending rate four times previous year, but it kept the key interest rates on hold last month, sending additional signals that it would not raise rates anytime soon. The US central bank surprised markets last month by susp...

Caesars Entertainment Has Held Talks With Icahn Caesars Entertainment Has Held Talks With Icahn

Caesars said Wednesday that it is evaluating Icahn's ideas. "We believe that our brand of activism is well-suited to the situation at Caesars, which requires new thought, new leadership and new strategies", Icahn said. Caesars Entertainment has a ...

Southwest Airlines issues nationwide ground stop following technical issue with computer systems

The AMFA accused the airline of "scapegoating" its mechanics and warned that the conflict may impact the safety of future Southwest flights, according to a Medium post by the union. "The airline continues to experience a high number of out-of-servi...

European Union agency can not break lease over Brexit European Union agency can not break lease over Brexit

The EMA's lease on offices in the Canary Wharf business district runs until 2039 and is worth an estimated 500 million pounds ($650 million, 575 million euros). However, on this issue, the judge was confident that EMA's capacity to deal with immovabl...

Kraft Heinz is desperate for a fresh variety Kraft Heinz is desperate for a fresh variety

The company's CFO, David Knopf, said during a conference call with analysts Thursday that the company conducted "a very thorough internal investigation" after it learned about the SEC scrutiny. The Securities and Exchange Commission is investigating ...

Australian Minister Frydenberg denies China has banned Australia imports

The Dalian port in northern China. According to the Sydney Morning Herald , trade talks between the Australian and Chinese government over coal imports have already been taking place concerning metallurgical coal and coking coal. He noted both t...

Budget 2019 includes climate plan, child fund & Indigenous revenue sharing Budget 2019 includes climate plan, child fund & Indigenous revenue sharing

Business Council president Greg D'Avignon said Wednesday. "The truth is we can and must have both". She said the minority NDP government's budget is "balanced both fiscally and in its approach". This slowdown in starts will result in less homes, ta...

China's Dalian port bans Australian coal imports, sets 2019 quota China's Dalian port bans Australian coal imports, sets 2019 quota

China's customs administration is testing coal imports for reasons including environmental protection, a foreign ministry spokesman said on Thursday. Australian shares gained 0.7 percent, closing at a six-month high, but the Australian dollar tumbl...

Britain managing Huawei risks, has no evidence of spying Britain managing Huawei risks, has no evidence of spying

He added that his agency could handle the challenges involved in monitoring suppliers who many not be considered trustworthy - a hint at Huawei. Xu explained that in order to protect cyber security of the United Kingdom and well serve the British p...

Crude-by-rail exports set new record in December, NEB says Crude-by-rail exports set new record in December, NEB says

Some producers have complained that the lower differentials make crude-by-rail shipments less profitable. The rest will be DOT-117R cars retrofitted to meet some DOT-117J standards, but a type that BNSF Railway Co is phasing out after a derailment in...

Tesla Model 3 loses Consumer Reports’ ‘Recommended’ rating over ‘reliability’ issues Tesla Model 3 loses Consumer Reports’ ‘Recommended’ rating over ‘reliability’ issues

A dip in reliability caused each car's overall score to drop below the threshold for a recommendation. The recommendation, which was given to the Model 3 previous year following an over-the-air update that improved the car's brakes, was reportedly ...

US, China outline deal to end trade war US, China outline deal to end trade war

For more on the trade talks, we crossed to Jeffrey Tucker in Great Barrington, Massachusetts. Negotiators are drawing up six memorandums of understanding on structural issues: forced technology transfer and cyber theft, intellectual property rights...

Apple plans to launch credit card with Goldman Sachs Apple plans to launch credit card with Goldman Sachs

A wider rollout to consumers will come later this year, said the people, who asked not to be identified because the information isn't public. It would also be the first credit card created by Goldman, a financial powerhouse that's looking to expand...

Walmart to hold 'Baby Savings Day' on February 23

Walmart says the February 23 event is the largest in-store baby event of the year. - For parents - or soon-to-be parents - Walmart, Amazon, and other stores are slashing prices and offering discounted baby gear this month. on Saturday, Feb. 23. Cus...

Tariffs: Gove wants protection on Tariffs: Gove wants protection on "sensitive" products

The Environment Secretary told the National Farmer's Union (NFU) conference that there was "no absolute guarantee" that British farmers could export any of their produce to the EU in a no-deal scenario, and would face punishing tariffs even if they...

Beware of using young people's blood to halt ageing, FDA says Beware of using young people's blood to halt ageing, FDA says

The service is being offered by businesses in many states to allegedly treat conditions ranging from normal aging and memory loss to serious disorders such as dementia, Parkinson's disease, multiple sclerosis, Alzheimer's disease, heart disease a...

Dublin Airport temporarily suspended all flights due to drone sighting Dublin Airport temporarily suspended all flights due to drone sighting

Sussex Police, the United Kingdom government and Gatwick Airport said that the severe disruption was caused by a "sustained" drone attack . Three flights were diverted due the disruption, and the airport said that there will also be some knock-on ...

EPFO hikes interest rate on PF deposits for 2018-19 EPFO hikes interest rate on PF deposits for 2018-19

It is the apex decision-making body of the EPFO. The proposal approved by the trustees would now go to the finance ministry for its nod following which the decision will take effect. The hike in interest rate will leave the fund with a surplus of a l...

US crude oil inventories increase last week: API US crude oil inventories increase last week: API

Talks between the United States and China to resolve a trade dispute which has helped dent global growth may be progressing, though. Oil prices pulled back from recent highs on Wednesday as surging US output and concerns over slowing global gro...

Unemployment in the East of England is the lowest in the country Unemployment in the East of England is the lowest in the country

The Office for National Statistics (ONS) showed on Tuesday, the UK's average weekly earnings, excluding bonuses met expectations, arriving at 3.4% 3m y/y versus 3.3% last and 3.4% expected while the gauge including bonuses came in at 3.4% 3m y/y ...

China's car sales tumble, road ahead bumpy China's car sales tumble, road ahead bumpy

Industry executives also say China's auto sales in January and February tend to be affected by the Lunar New Year holiday, as consumers hold off on their vehicle purchasing decisions around the festival. German automakers BMW (+16%) and Volkswagen ...

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