Tuesday August 20-th, 2019

Iran has mobilized all resources to sell oil in 'grey market'

Trump says the Iran nuclear deal was "fatally flawed" because it did not address Iran's ballistic-missile program or Tehran's alleged state sponsorship of terrorism. Friday's move, which Rouhani made no direct reference to, was the third punitive USA...

Sinclair Acquiring 21 Regional Sports Networks From Disney Sinclair Acquiring 21 Regional Sports Networks From Disney

Walt Disney ( DIS ) has reportedly chose to sell its 21 regional sports networks (or RSNs) to Sinclair Broadcast Group ( SBGI ), which is the largest U.S. It had been reported that Disney wanted $20 billion for the networks but Sinclair won wit...

Volkswagen Might Discontinue the Golf in the US Volkswagen Might Discontinue the Golf in the US

Motor1 first reported earlier today that the regular Mk8 Golf won't come to the USA, but our correspondence with a VW spokesperson indicates that this hasn't been totally decided quite yet. Rounding out the lineup was the Golf R (3,468) and e-Golf (...

Canada privacy watchdog taking Facebook to Courtroom Canada privacy watchdog taking Facebook to Courtroom

The company also may create a new privacy committee, and hire an outside expert to evaluate compliance, in order to settle an investigation into its data-sharing practices. Facebook will be implementing what WhatsApp has been doing since 2016, whi...

Two cruise ships collide in Vancouver port

The Oosterdam cruise ship collided with the already docked Nieuw Amsterdam in a Vancouver port at around 6:50 a.m. on May 4, 2019. At the time Oosterdam was attempting to dock stern to stern with the Niew Amsterdam. "All appropriate authori...

New study finds top reasons Canadians are using cannabis New study finds top reasons Canadians are using cannabis

The rise was driven in part by an increase in males users aged 45 to 64 whose rates of cannabis consumption increased to 22 per cent from 16 per cent between the first quarters of 2018 and 2019, StatsCan said. Also, 38 per cent of users told Sta...

Fiat Chrysler completes sale of components maker Fiat Chrysler completes sale of components maker

USA deliveries slipped 3% in the first quarter , with only the Ram brand posting volume growth, though higher prices are bolstering results. The company has just begun production of the new Jeep Gladiator , which fits the midsize segment but ta...

Uber barring its ex CEO from NYSE balcony during IPO Uber barring its ex CEO from NYSE balcony during IPO

Controversy is heating up in the United States ride-sharing scene as the largest provider, Uber, prepares for its initial public offering. The Times' report says Kalanick, who remains member of the company's board of directors, asked to take pa...

British service PMI bounces back in April

The Purchasing Managers' Index (PMI) of Vietnam rose to a four-month high of 52.5 in April from 51.9 in March, signalling a solid monthly improvement in the health of the manufacturing sector, according to a Nikkei-IHS Markit survey. Employment num...

Billionaire Warren Buffett gives new hint about his successor Billionaire Warren Buffett gives new hint about his successor

Operating profit, which Buffett considers a better performance measure, rose 5 percent to $5.56 billion, or about $3,388 per Class A share, from $5.29 billion, or $3,215 per share, a year earlier. Shares of Amazon hit highs of the year after Buffet...

Robo-taxis will drive Tesla riches, claims Elon Musk Robo-taxis will drive Tesla riches, claims Elon Musk

The electric auto maker raised $750 million selling common stock and $1.6 billion from convertible bonds, up from originally offering $650 million and $1.35 billion. Tesla has cut the price of its Model 3 auto and Moody's doubts it can make a pr...

Britons get to keep their copper coins Britons get to keep their copper coins

The UK Government is to set up a "Joint Authorities Cash Strategy Group" to ensure continued access to notes and coins as the country drifts towards a digital economy. The ongoing removal of bank branches and ATMs from Britain's high streets has led ...

Pressure off at HSBC as profits rise by a third Pressure off at HSBC as profits rise by a third

Reining in costs has been one of the biggest challenges for HSBC Chief Executive John Flint with the bank past year missing its target of "positive jaws" - which tracks whether the bank is growing revenues faster than costs. "We are always looking at...

Tesla raises size of share sale, Musk to buy more Tesla raises size of share sale, Musk to buy more

CEO Elon Musk will participate, buying $ 10 million worth of stock, the company said . Tesla also released that its cash reserves had fallen to $2. 2 billion . Tesla has issued convertible notes several times in the past. Tesla hired Goldman S...

Take some time on World Password Day to review your passwords Take some time on World Password Day to review your passwords

Despite phenomenal rise in cyber security breaches and warnings by security experts, it appears that some internet users have not updated their passwords to a more secure one. "Basic level passwords that allow entry into the IT world will remain, in ...

Paddy Power Betfair share price falls as online sales slump Paddy Power Betfair share price falls as online sales slump

Revenue in Oz jumped 20% year-on-year to £96mln as Paddy Power saw a 17% increase in stakes. The FTSE 100 company was also buoyed by "excellent" global growth in its United States and Australian markets, where revenues jumped by 47% and 20% respect...

Federal Reserve snubs Trump by refusing to cut interest rates Federal Reserve snubs Trump by refusing to cut interest rates

We will not hesitate if the data justify moving.... Labor market conditions, inflation indicators, in addition to readings on financial and worldwide developments were underscored as areas that the Fed will continue to monitor closely. "We have the p...

Amazon Announces General Availability Of Managed Blockchain Service Amazon Announces General Availability Of Managed Blockchain Service

Rahul Pathak , the Amazon Web Services General Manager for AMB, stated that the blockchain-as-a-service will enable most companies to easily create their blockchain networks at a low cost. QLDB is a ledger database created to provide transparent, i...

BoE's Broadbent undecided on whether to apply to succeed Carney BoE's Broadbent undecided on whether to apply to succeed Carney

Brussels agreed last month to give the British more time to arrange their departure. Broadbent, in a BBC radio interview following the central bank's decision to keep interest rates on hold on Thursday, said he was "fully absorbed by and very pri...

Bombardier sells Belfast operation as it moves to create Bombardier sells Belfast operation as it moves to create "single aviation unit"

Bombardier Chief Executive Officer Alain Bellemare called the steps, including the sale of a separate Morocco facility that builds components for the company's regional jets, "a strategic move". Andy Byford, the head of the transit agency and former ...

Tyson Foods now recalling 11.8 million pounds of chicken strips Tyson Foods now recalling 11.8 million pounds of chicken strips

In March, the frozen foods giant announced it was recalling almost 70,000 pounds of frozen chicken strips after two consumers reported finding metal inside the meat. Virgin Islands. Three of the complainants alleged they had an oral injury, it said...

William Blair Comments on Dunkin Brands Group Inc’s FY2020 Earnings (DNKN)

As we move deeper into the year, investors will be paying attention to which companies are well-positioned for future growth. (NASDAQ: DNKN ) news were published by: Prnewswire.com which released: "Dunkin' Brands Announces Second Quarter Cash Divid...

Project Libra: Facebook to launch stablecoin-based payments network

The basic idea is still roughly the same one we've heard in reports from December 2018 and February this year - a crypto-based payment network and an accompanying stablecoin (a cryptocurrency tied to the value of a traditional asset, like the USA...

Byron Allen makes history again thanks to $10.6 BIL media deal Byron Allen makes history again thanks to $10.6 BIL media deal

The clock started ticking at the close of the Disney-Fox transaction. Antitrust regulators were concerned that Disney, which already owns sports juggernaut ESPN, would have too much sway in the TV sports market. More recently, its rivals have grown...

China suspends permits of 2 Canadian pork exporters China suspends permits of 2 Canadian pork exporters

Premier Scott Moe commended the federal government on Wednesday for having "come to the plate in supporting our canola farmers", on the day when Ottawa announced changes that largely matched Saskatchewan's proposal for granting easier credit to produ...

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