Monday May 20-th, 2019

Unemployment rate nationally unchanged, B.C. leads all provinces - again Unemployment rate nationally unchanged, B.C. leads all provinces - again

On the other end of the spectrum, the number of jobs in accommodations and food services shrunk by 14,000. The report by Statistics Canada also shined a spotlight on the participation rate of women in the workforce. The Bank of Canada's benchma...

This Is When The Porsche Taycan Will Break Cover This Is When The Porsche Taycan Will Break Cover

All we now have to go on - and all the automaker has been bringing to motor shows - is the Mission E concept auto. Consisting of two electric motors, the powertrain will combine to give the auto a total output of 600 hp. "The Taycan will be the mos...

Tesla gets $520 mn funding for first Chinese plant Tesla gets $520 mn funding for first Chinese plant

According to a regulatory filing, Tesla has secured $521 million from four domestic banks - the Industrial & Commercial Bank of China , the Chinese Construction Bank, Agricultural Bank of China, and the Shanghai Pudong Development Bank. The automa...

Singapore's Jewel Changi Airport To Open Next Month After Public Preview Singapore's Jewel Changi Airport To Open Next Month After Public Preview

SINGAPORE (Straits Times/ANN) - The much-anticipated Jewel Changi Airport , with more than 280 shops and food and beverage outlets, will open its doors to the world on April 17, 2019. Children will also soon be able to frolic around the facility's p...

TSX edges higher after Bank of Canada keeps rates unchanged TSX edges higher after Bank of Canada keeps rates unchanged

The Bank of Canada is leaving its key interest rate unchanged and is pointing to increased uncertainty about the timing of future rate hikes following the economy's abrupt deceleration in late 2018. Looking ahead, however, Patterson said the Bank o...

Philadelphia City Council Bans Cashless Stores Philadelphia City Council Bans Cashless Stores

Starting in July, Philadelphia's new law will require most retail stores to accept cash. But with more than eight million households without bank accounts in the USA, opposition to the practice believe it's prejudicial. Amazon has been expanding it...

London gets one of first cannabis retail operator licences London gets one of first cannabis retail operator licences

The Niagara Herbalist was one of seven people or companies selected in the west region of the province's recent retail licence lottery. The shop's licensee, Chris Comrie, says that Central Cannabis is on track to open on April 1st , 2019 - only thr...

Geneva: Mazda expects big things of CX-30 SUV Geneva: Mazda expects big things of CX-30 SUV

Described by the carmaker as a core model in its line-up, the CX-30 will sit between the CX-3 and CX-5 and brings the fight to models such as the Nissan Qashai and Seat Ateca . This clever technology combines aspects of petrol and diesel engines, ai...

Dozens injured as Turkish Airlines plane hits turbulence before landing at JFK Dozens injured as Turkish Airlines plane hits turbulence before landing at JFK

The Port Authority of NY and New Jersey says Turkish Air flight 1 was travelling from Istanbul to NY when it encountered intense turbulence mid-flight and declared an emergency. Turkish Airlines officials were not immediately available for comment. ...

Aviva share price falls 3% after CEO warns of ‘muted’ 2019 Aviva share price falls 3% after CEO warns of ‘muted’ 2019

Overall, the group's operating profit rose from £3,068 million (around CA$5.42 billion) to £3,116 million (around CA$5.51 billion) thanks in part to an increase in its life business which was up 5% year-on-year at £2,999 million (around CA$5.30 bil...

Rio Tinto's shares take hit after two analyst downgrades Rio Tinto's shares take hit after two analyst downgrades

On Tuesday, February 12 Goldman Sachs upgraded the shares of RIO in report to "Buy" rating. The institutional Ownership of the shares of 8.3 stands at 0.80%, this figure is increased 4.62 in the last six months. Instead, the 52 Week Range is genera...

Crescent Point Energy reports bigger quarterly loss Crescent Point Energy reports bigger quarterly loss

The firm has a market capitalization of $1.72 billion, a P/E ratio of 21.86 and a beta of 0.99. Liquidity can have a profound impact on just how violently stock prices can move in either direction, and the reasons have to do with the nature of the ma...

Chinese equity plunge leads world stocks lower as growth fears haunt Chinese equity plunge leads world stocks lower as growth fears haunt

There was also scepticism that the European Central Bank would be able revive inflation toward its near two-percent target long-term, with a key measure of inflation expectations in the currency bloc hitting a two-week low on Friday. The Stoxx Europe...

Debenhams shares spike on Mike Ashley’s attempted coup Debenhams shares spike on Mike Ashley’s attempted coup

If appointed, Ashley will step down from his current roles as a director and CEO of Sports Direct . The company expects the acquisition to settle on March 6, 2019 and following the acquisition Sports Direct said in a statement that, in aggregate...

UK FCA explores consumer attitudes to cryptoassets in latest research UK FCA explores consumer attitudes to cryptoassets in latest research

They spoke to Kyle, 22, from Manchester, who first dealt with crypto assets when he was 16 to buy illegal drugs only. Of all the cryptocurrencies , Bitcoin is the most popular, with more than 50% of those who purchased cryptos choosing the most va...

Home share merger: Airbnb buys HotelTonight app to broaden travel offerings Home share merger: Airbnb buys HotelTonight app to broaden travel offerings

The terms of the deal are yet to be disclosed. Airbnb also said that almost 90 percent of guest who first use its service to book a hotel room, return to the site for a second booking. Led by Brian Chesky, Co-Founder, CEO and Head of Community,...

500 jobs at risk as LK Bennett collapses into administration 500 jobs at risk as LK Bennett collapses into administration

The company's worldwide operations are not included in the administration process. Upmarket women's footwear retailer LK Bennett has collapsed into administration, in the latest sign of industry trouble on the high street. You may be aware of LK...

Montreal-Fort Lauderdale flight makes emergency landing due to smoke Montreal-Fort Lauderdale flight makes emergency landing due to smoke

The resident of Beloeil, east of Montreal, said it only took two or three minutes for authorities to arrive and to instruct the passengers to evacuate the plan by jumping onto cushioned mattresses. Chauvin said she wasn't aware of any injuries but be...

Lawyer sorry for disguising Carlos Ghosn's as a workman Lawyer sorry for disguising Carlos Ghosn's as a workman

Ghosn, who was arrested on November 19 over alleged financial misconduct, was detained for 108 days before being released on 1 billion yen ($9 million) bail. The lawyer wrote the comments in a blog post translated by media including the BBC on Frid...

Disney accepts $3.5B offer for YES Network Disney accepts $3.5B offer for YES Network

While Sinclair can broadcast Yankees games through its various stations across the country, the Yankees are hoping Amazon will stream some of the games to a national audience, though details of how that will occur are unclear. Reports emerged soon...

Managing misconceptions to make the apprenticeship levy work for businesses - Business Voice Managing misconceptions to make the apprenticeship levy work for businesses - Business Voice

It also noted that the DfE has "no targets relating to gender equality, despite the notable under-representation of women in science, technology, engineering and mathematics (STEM) apprenticeships". But rather than boosting the number of apprenticesh...

To de-escalate Indo-Pak tensions, all eyes on Kartarpur talks To de-escalate Indo-Pak tensions, all eyes on Kartarpur talks

Chinese State Councillor and Foreign Minister Wang Yi, during a press conference on the sidelines of a session of China's Parliament, the National People's Congress, said Beijing hopes the rival nations will replace confrontation with dialogue.

Australia's economy slows ahead of election Australia's economy slows ahead of election

The figures released by Australia's statistics agency showed growth for October to December at 0.2 per cent, after a 0.3 per cent reading in the previous three months. But Labor's shadow treasurer Chris Bowen has disagreed. "What we're seeing is th...

United States economy adds just 20,000 jobs in February, unemployment at 3.8% United States economy adds just 20,000 jobs in February, unemployment at 3.8%

The figures also showed that growth in average earnings picked up to an annual rate of 3.4 percent, from 3.1 percent the month before, while the unemployment rate fell, dropping to 3.8 percent from 4 percent in January. Other Services added 500 (+...

SpaceX Crew Dragon splashes into Atlantic, completing test flight's return leg SpaceX Crew Dragon splashes into Atlantic, completing test flight's return leg

The flight, called Demo-1, was launched on March 2nd and spent five days at the International Space Station (ISS). A few hours later at 8:45am EST, it landed in the water about 240 nautical miles off the coast of Florida in the Atlantic Ocean.

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