Tuesday August 20-th, 2019

Petrol to go up by 9 cents, diesel by 33 cents Petrol to go up by 9 cents, diesel by 33 cents

The price of both grades of petrol - 93 octane and 95 octane unleaded (ULP) and lead replacement petrol (LRP) - went up by 9c/l at midnight on Tuesday. RAC fuel spokesman Simon Williams said: "The wholesale price of diesel has now been lower than pet...

Trump meets with Farage during London trip Trump meets with Farage during London trip

Trade issues dominated talks between Mrs May and Mr Trump in Downing Street, with both leaders voicing optimism that a major deal could be clinched quickly after the United Kingdom left the EU. The EU has said the backstop must remain in the withdr...

Pass on rate cut, Treasurer warns banks Pass on rate cut, Treasurer warns banks

It added that risks on the fiscal deficit and currency front are also fading with Prime Minister Narendra Modi's re-election, which will help for a deeper cut than the 0.25 per cent consensus, in line with Das' speech in NY last month which made a me...

Brexit uncertainty triggers slump in United Kingdom construction sector Brexit uncertainty triggers slump in United Kingdom construction sector

The reading for May came in at 49.8 compared to 50.4 in April. In PMI parlance, a print above 50 means expansion, while a score below that denotes contraction. Britain's manufacturing sector plunged into decline for the first time in nearly three yea...

Huawei Scale Back Production As Bans Take Toll Huawei Scale Back Production As Bans Take Toll

FedEx apologized later, saying there were no external parties involved and the mis-transportation involved only an isolated number of Huawei shipments. and Samsung. This is because Huawei phones are supported by US technology. Google, developer o...

SEC sues Kik over $100M unregistered ICO SEC sues Kik over $100M unregistered ICO

In a filing submitted Tuesday in the Southern District of NY, the SEC said Kik violated Section 5 of the Securities Act of 1933, which requires offerings to be registered. The KIN offering occurred two months after the SEC determined such offer...

Trump baby blimp makes its return over London as large protest builds Trump baby blimp makes its return over London as large protest builds

Leaning toward May, Trump said, "I don't exactly know what your timing is, but stick around". What is certainly not on his agenda is a meeting with London Mayor Sadiq Khan , who wrote in The Observer newspaper that welcoming Trump for a state vi...

Billions wiped from tech companies as speculation mounts over antitrust crackdown Billions wiped from tech companies as speculation mounts over antitrust crackdown

The FTC is already investigating Facebook over the Cambridge Analytica scandal with the social network bracing itself for fines of up to $5bn (£3.9bn). The tech giant's shares briefly fell into bear market territory, dropping 6.7% to $1,032.04 - the ...

Oil prices mixed on Saudi Arabia supply comments, trade fears Oil prices mixed on Saudi Arabia supply comments, trade fears

That's pushed up commercial US crude oil inventories, which have increased by 8.4% since the start of the year to 476.5 million barrels. "The U.S. -China feud remains most critical to the global growth outlook, but the addition of trade tensions be...

Nissan wants to protect 'interests,' is noncommittal on FCA-Renault merger Nissan wants to protect 'interests,' is noncommittal on FCA-Renault merger

Since that's not the case, and "the proposal now being discussed is a full merger", Nissan warns that it might have to fundamentally review the " existing relationship between Nissan and Renault " given the severe corporate transformation the French ...

Justin Sun Pays $4.6 Million To Charity For Dinner With Warren Buffet Justin Sun Pays $4.6 Million To Charity For Dinner With Warren Buffet

Glide is located in San Francisco's Tenderloin district and serves the poor, homeless and those battling substance abuse. "I also firmly believe that with the right communication and understanding, Buffett will change his overall stance on cryptocu...

What a rate cut will mean for borrowers and savers What a rate cut will mean for borrowers and savers

As widely forecast, the Reserve Bank cut official interest rates 0.25 of a percentage point to a new record low of 1.25% in an attempt to stimulate a sluggish economy and eliminate spare capacity. "ANZ's decision to not pass on today's cut in full is...

China urges students to weigh ‘risk’ of studying in US China urges students to weigh ‘risk’ of studying in US

Xu Yongji, another Ministry of Education official, told state broadcaster CCTV that 13.5% of all Chinese student visa applicants were "unable to make the trip as planned", citing complications with visas. "The US and the federal government have been ...

Kia Confirms Its New Small Crossover Will Be Named The Kia Confirms Its New Small Crossover Will Be Named The "Seltos"

One of the key new details on the example spied was the production-spec SP2i's name, and that has now been officially confirmed. The vehicle looks absolutely stunning and very closely matches the SP concept we showcased at the 2018 Auto Expo.

RBA announces June cash rate RBA announces June cash rate

However, while it did seem like an inevitability after Dr Lowe's speech, Greenwood cautioned that a rate cut tomorrow was still not a certain bet. "Mortgage rates for owner occupiers are already around the lowest level since the 1960s and lenders a...

Samsung and AMD partner up for mobile GPUs Samsung and AMD partner up for mobile GPUs

The chip maker just recently announced that new RDNA graphics architecture at Computex last month and this is pretty much a confirmation of its scalability. The idea of a phone with the horsepower of a home game console has always been an excitin...

Family gets fake cake from Walmart Family gets fake cake from Walmart

Marsy Flores said she wanted to give her daughter a great graduation day but her hopes to have a cake to celebrate the occasion quickly crumbled. She selected a smaller cake. A couple ordered a $35 cake from an Australian supermarket for their son's ...

China trade war to slash global airline profits by $7.5bln: IATA China trade war to slash global airline profits by $7.5bln: IATA

The International Air Transport Association (IATA), a trade group which represents almost 300 carriers around the world, is the latest organization to voice optimism about the effects of the trade war between the US and China. "I'm not complaining ...

Trump removes India from special trade status Trump removes India from special trade status

The tariffs will apply to "large residence" washing machines and solar cells and panels from India. Any counter tariff measures could fall foul of World Trade Organization norms. India has also stopped importing Iranian oil due to the threat of sanct...

Huawei to dispose its undersea cable business

Huawei is reportedly flogging off part of its undersea telecoms cable business, barely six weeks after Australia blocked its attempts to win a major cable contract. Hengtong Optic-Electric's stock exchange filing said the company was purchasing the...

Eos Developer Block.one Introduces Voice, Blockchain-Based Social Media Platform Eos Developer Block.one Introduces Voice, Blockchain-Based Social Media Platform

Our content. Our data. The startup is just one more company from more, which made a decision to renter social networking using blockchain. He continued and said , "It's the platform, not the user, that reaps the reward". Block.one and Yubico are...

Trump 'Absolutely Deadly Serious' About Tariffs Against Mexico - Chief of Staff Trump 'Absolutely Deadly Serious' About Tariffs Against Mexico - Chief of Staff

He doubled down a few hours later. Trump and fellow Republicans say something needs to be done to stem the biggest migrant surge on the border in a decade. As Trump continued his visit to the United Kingdom on Monday , a high-level delegation fr...

China says US can't use pressure to force trade deal China says US can't use pressure to force trade deal

Details about the list will be announced soon, Wang said. Approximately 360,000 Chinese people study in the USA at any one time, and they are accredited with contributing about $14 billion to the American economy annually, according to Reuters....

Elon Musk reveals Cuphead is coming to Tesla Elon Musk reveals Cuphead is coming to Tesla

The game is already up and running for Tesla's Model 3 , Model S , and Model X , and Tesla worked with the game's developer, StudioMDHR, to get it running. It's also the reason you can't play it using the touchscreen controls, you'll need a wire...

Trump’s top economic adviser is leaving his post Trump’s top economic adviser is leaving his post

Commenting on the Mexico tariffs, Hassett said their near term impact will be more on Mexico than on the United States, adding he is hoping for "positive talks" between the countries. His very talented replacement will be named as soon as I get back ...

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