Tuesday August 20-th, 2019

No-deal Brexit day after day more likely: EUs Barnier No-deal Brexit day after day more likely: EUs Barnier

British Prime Minister Theresa May has to consider what next steps she and her government will take on Brexit after lawmakers on Monday night rejected for a second time an alternative list of options aimed at breaking the current Brexit deadlock.

India's manufacturing growth at 6-month low in March India's manufacturing growth at 6-month low in March

Purchasing Managers' Index for the Turkish manufacturing sector was 47.2 in March, highest since July 2018, according to a report released on April 1 by IHS Markit, a leading financial analysis company. Firms also reported longer delivery times due t...

Millions of Credit Card Numbers Stolen from Popular Chain Restaurants Millions of Credit Card Numbers Stolen from Popular Chain Restaurants

According to a release sent out by Earl Enterprises , at least six of the company's restaurants were affected by a recent data breach . "Once we learned of a potential incident, we promptly launched an internal investigation and engaged two leadi...

Mexican-made Chevy Blazer removed from Detroit Tigers stadium display Mexican-made Chevy Blazer removed from Detroit Tigers stadium display

The 2019 Chevy Silverado 1500 pickup has since replaced the Colorado pickup and remains on display. The move came after UAW members voiced concerns about the choice of vehicle against the backdrop of recent USA plant closure announcements and upcom...

Supreme Court quashes RBI's 12 February circular on one-day default Supreme Court quashes RBI's 12 February circular on one-day default

The judgment comes as a relief for stressed power and sugar companies. Power companies such as Essar Power, GMR Energy, KSK Energy, and Rattan India Power, as well as the Association of Power Producers (APP) and Independent Power Producers Associat...

Kudlow calls for half-point rate cut

A month ago, investors were expecting the Federal Reserve to maintain or raise interest rates this year. Larry Kudlow, head of the president's National Economic Council, said in an interview with CNBC that the Fed should do more to help the econo...

Amazon to cut prices on hundreds of Whole Foods items this week Amazon to cut prices on hundreds of Whole Foods items this week

Amazon is planning to cut prices on hundreds of items at Whole Foods stores this week in a bid to dissolve the "whole paycheck" image the healthy grocer has been known for. The WSJ reports that Amazon has kept the price cuts close to the vest, with ...

Burger King announces its first vegetarian Whopper Burger King announces its first vegetarian Whopper

But Burger King will have a few hard tests to pass before deciding to expand the Impossible Whopper to locations across the country. Ahead of April's Fools Day, Burger King pranked some of its most loyal customers, serving them the Impossible W...

Kellogg unloading several brands as part of $1.3 billion sale Kellogg unloading several brands as part of $1.3 billion sale

Its cookie business, which includes Keebler, Mother's, Famous Amos and Murray's, netted about $900 million a year ago. "The Ferrero Group. will acquire the cookie, fruit and fruit-flavored snack, ice cream cone and pie crust businesses from Kel...

Lyft gives up debut gains on second day of trading Lyft gives up debut gains on second day of trading

Lyft already has managed to trade below its IPO price, classifying the stock as a busted IPO. On Lyft's long-awaited first day of public trading, share prices rose 21% before closing the day up 8.7%. But the firm's loss widened to US$911 mil...

Big W To Shut 30 Stores Across Australia In Market Shake-Up Big W To Shut 30 Stores Across Australia In Market Shake-Up

This is less than the 60 store closures that Macquarie Wealth Management predicted in a report last month , before Big W's parent company Woolworths Group had completed its internal review of the discount department store business. The company s...

Three Disney Springs Restaurants Involved in 10-Month Credit Card Data Breach

The company confirmed the news via a blog post a few days ago, saying that hackers managed to get their hands on data from restaurant goers at Buca di Beppo, Earl of Sandwich and Planet Hollywood (Las Vegas, New York and Orlando). The malicious...

McDonald's unveils 'McPickle' for April Fool's Day McDonald's unveils 'McPickle' for April Fool's Day

However, it turned out to be just an April Fools' Day joke - much to the chagrin of customers. The fast food chain posted a video on Twitter claiming it was adding a new burger, the McPickle, to its menu in Australia . Until then, enjoy the re...

Australian property downturn is slowing but spreading

Since then dwelling values in both capitals have fallen by 27.5 per cent and 18.1 per cent respectively. Hobart was the only capital city which saw average dwelling prices rise in the last three months (up 1.2 per cent) - and are at record-highs of...

Burger King impossible whopper: Burger King launches vegan burger

Chris Finazzo, president of Burger King North America, said the chain is hoping the burger allows "somebody who wants to eat a burger every day, but doesn't necessarily want to eat beef everyday, permission to come into the restaurants more frequen...

Erdogan loses key cities as Turkey feels the sting of recession Erdogan loses key cities as Turkey feels the sting of recession

The leader who has dominated Turkish politics for 16 years declared victory despite the opposition gains. "In Istanbul , the majority of the districts are either ours or head-to-head". Sunday's election was a significant victory for the opposition...

Elon Musk drops an auto-tune rap about 2016 meme Harambe Elon Musk drops an auto-tune rap about 2016 meme Harambe

The unusual track goes on to sing, "RIP Harambe , Smoking on some strong, In the gorilla zoo, And we thinking about you". The song has already amassed over half a million listens at the time of writing with many highlighting the fact that it was r...

Saudi Aramco is nearly twice as profitable as Apple Saudi Aramco is nearly twice as profitable as Apple

Saudi Energy Minister Khalid al-Falih said earlier this year Aramco's planned bond sale would raise around $10 billion, but banking sources said the transaction could be larger. Aramco will pay 50 per cent of the Sabic acquisition cost when the d...

Facebook finally explains how it organizes your news feed Facebook finally explains how it organizes your news feed

Facebook is to begin explaining to users why they are seeing certain posts on their news feed in an attempt to make the platform easier to understand. "This is the first time that we've built information on how ranking works directly into the app", ...

NY bans plastic bags, second USA state to do so NY bans plastic bags, second USA state to do so

Taking effect March 1, 2020, the ban will apply to most single-use plastic bags provided by groceries and other stores. Counties will also reportedly be able to institute a 5-cent fee on paper bags in order to discourage their use as well.

Technical glitch grounds flights across country Technical glitch grounds flights across country

Southwest issued a statement to WFSB-TV in CT. "In a reply to a one passenger's tweet about the issue, Southwest Airlines officials said they were working through some tech-related issues" and that the entire system was affected. "I completely apol...

Apple Card Doesn't Need to Be Revolutionary to Be a Hit Apple Card Doesn't Need to Be Revolutionary to Be a Hit

Apple will use machine learning and Apple Maps to replace the cryptic merchant names that appear on many credit card statements with names and locations that users will actually recognize. Decoding obscure payments into simple, easily-recognized...

Amazon reportedly developing a Fire TV news streaming service Amazon reportedly developing a Fire TV news streaming service

Specific details about the company's plans are still limited for now, but reports claim that Amazon has already approached a number of news organizations and Verizon (which owns Yahoo News and Finance), all with the goal of distributing their news an...

Govt hikes petrol price by Rs6 per litre Govt hikes petrol price by Rs6 per litre

The price of 93 octane ULP & LRP would increase by R1.34 a litre in Gauteng and R1.29 at the coast, the department said in a statement. The new prices will take effect from midnight on April 1. Similarly, the Ogra had suggested Rs11.17 and Rs6.65 p...

USA inflation index slows sharply in January USA inflation index slows sharply in January

That lowered the year-on-year increase in the so-called core PCE price index to 1.8 percent from 2.0 percent in December. The Fed's preferred price gauge - tied to consumption - fell 0.1% in January from the previous month and was up 1.4% from a ye...

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