Tuesday October 15-th, 2019

Apple reportedly considers moving 30% of all iPhone production out of China Apple reportedly considers moving 30% of all iPhone production out of China

Among these countries, India and Vietnam are the favourites which makes sense, given with their much lower currency and the amount of labour workforce. This is the first time Apple has specifically mentioned the iPhone on a list of products that wo...

Oil jumps 5% on Iran tension, potential USA fed rate cut Oil jumps 5% on Iran tension, potential USA fed rate cut

Expectations the U.S. Federal Reserve could cut interest rates at its next meeting were also supporting oil prices. After swelling to near two-year highs, United States crude stocks fell by 3.1 million barrels last week, compared with analyst expec...

Mark Zuckerberg ahead of Cook, behind Pichai Mark Zuckerberg ahead of Cook, behind Pichai

The lists rank the top CEOs in the country based on voluntary employee feedback from thousands of employers. Last year, Cook made the list at number 96 . "For that, I'm most proud". In the small and medium-sized business category, Grossé received ...

Tech firm Slack to make market debut, at US$26 reference price Tech firm Slack to make market debut, at US$26 reference price

The so-called direct listing, which differs from a traditional IPO in that it does not raise fresh funds, will put on trial a method pioneered past year by music streaming business Spotify Technology. Shares of Slack Technologies Inc surged 50 ...

Government urges WhatsApp to add digital fingerprint, gets denied Government urges WhatsApp to add digital fingerprint, gets denied

Facebook-owned WhatsApp and Invest India on Tuesday picked 5 Indian startups who would receive almost Rs 35 lakh ($50,000) each to further develop country-first products to solve real-life problems being faced by millions in the country. It has rev...

The FTC is investigating YouTube for not protecting kids on the platform The FTC is investigating YouTube for not protecting kids on the platform

Its six-step compliance plan, detailed on the FTC's website, states that online companies that collect data from children under 13 must post a privacy policy, and must also gain parental consent before collecting data from young users. Researchers sa...

Deutsche Bank under investigation for compliance with money laundering laws Deutsche Bank under investigation for compliance with money laundering laws

The transactions were notable because they were linked to companies controlled by U.S. President Donald Trump and his son-in-law and advisor Jared Kushner, according to the report. Libowitz added that Deutsche Bank is "refusing to act on whistle bl...

Mount Vernon woman catches mysterious illness in Dominican Republic Mount Vernon woman catches mysterious illness in Dominican Republic

The State Department has not changed its travel advisory to the Dominican Republic in response to the deaths. "We have no higher priority than the safety and welfare of USA citizens overseas". Days after posting an Instagram featuring her husband a...

Latest TOP500 List is Petaflop Systems-Only Latest TOP500 List is Petaflop Systems-Only

China is planning a multibillion-dollar investment to upgrade its supercomputer infrastructure to regain leadership after the United States took top spot for the fastest supercomputer in 2018, ending China's five-year dominance, the South China Morn...

Kia Seltos officially unveiled in India; Launch later this year Kia Seltos officially unveiled in India; Launch later this year

The Seltos will compete against Hyundai Creta , Tata Harrier , Jeep Compass , MG Hector and the likes. The SP Concept evolved into more conventional SP Signature Concept and graced the Seoul Motor Show earlier this year. Drivers can choose fro...

Walmart Testing Grocery Subscription Service In 4 Markets Walmart Testing Grocery Subscription Service In 4 Markets

There is a $30 minimum for all Walmart Grocery orders. The organization previously offered a delivery service for online requests: clients could have things shipped to their nearest store for free, or to their home for a $9.95 delivery fee for ea...

Harley-Davidson to Launch Its Smallest Displacement Motorcycle Ever in China Harley-Davidson to Launch Its Smallest Displacement Motorcycle Ever in China

Wedbush Securities Equity Research Managing Director Daniel Ives on Harley-Davidson and the impact of Trump administration trade policies on the US economy and markets. The company views China as a major growth market, with sales in the country incre...

Qantas invests $25m in loyalty program Qantas invests $25m in loyalty program

Qantas Loyalty boss Olivia Wirth said the airline had conducted extensive research before making the changes announced Thursday. Mr Joyce said the additional rewards seats could fill 2000 Qantas A380 aircraft over a year. Mr Joyce said carrier char...

What the Federal Reserve's rate cut decision means What the Federal Reserve's rate cut decision means

The central bank forecasts economic growth of 2.1% this year, which would be a significant drop from 2.9% in 2018. The next Federal Reserve rate cut may be driven by weak inflation rather than softening economic growth. Instead, officials said th...

Oil prices slip as trade tension, attack on tanker stoke fresh fears Oil prices slip as trade tension, attack on tanker stoke fresh fears

However, Moya said OPEC and their allies are at a critical juncture as plans to extend production cuts may prove hard as they are unable to reach a consensus on when to meet. Oil prices erased earlier losses and surged on Tuesday morning after U.S...

General Motors considering reviving 'Hummer' as an EV marque General Motors considering reviving 'Hummer' as an EV marque

Although it stopped production of Hummer's line of SUVs, GM retained the rights to the brand. The Hummers were rustic trucks and SUVs of large size and power. Speaking to Bloomberg , " people familiar with the matter " revealed the Hummer EV reviv...

Can Trump legally fire Jerome Powell as Federal Reserve chairman? Can Trump legally fire Jerome Powell as Federal Reserve chairman?

US President Donald Trump has repeatedly lambasted the Federal Reserve , arguing that its policies have held back growth. Since nominating Jerome Powell to be chairman of the Federal Reserve more than a year ago, President Trump has lobbed, wi...

Adidas' three stripes not recognizable enough for trademark rules European Union court Adidas' three stripes not recognizable enough for trademark rules European Union court

German sportswear giant Adidas on Wednesday lost a legal battle to trademark its "three stripes" motif in the European Union, as a court ruled the design was not distinctive enough to deserve protection. The company said: "Adidas is disappointed wi...

Facebook's new cryptocurrency raises privacy concerns Facebook's new cryptocurrency raises privacy concerns

And that's the biggest challenge facing Libra , a clever idea that would probably have met with a much warmer reception if it had been launched by Walmart or McDonald's or just about anybody other than Facebook . "Early bitcoin and crypto people ar...

Krispy Kreme giving away free, stuffed donuts in honor of moon landing Krispy Kreme giving away free, stuffed donuts in honor of moon landing

And as a "thank you" to the customers who helped Krispy Kreme meet its goal of giving away one million doughnuts on National Doughnut Day this year, Krispy Kreme is giving away these new cream-filled Original Glazed doughnuts for free on June...

The 20 best airlines in the world for 2019 The 20 best airlines in the world for 2019

In the top 10, dominated as usual by Asian and Middle Eastern airlines, Singapore Airlines dropped a notch to runner-up, while Japan's All Nippon Airways stayed in third place. Other airline companies included in the list are Gulf Air in sixth, Unite...

Bitcoin Soared To $9400: Three Reasons of Its Spike in Price Bitcoin Soared To $9400: Three Reasons of Its Spike in Price

Bitcoin (CURRENCY: BTC ) traded 2.1% higher against the US dollar during the 24-hour period ending at 21:00 PM E.T. on June 17th. The hype garnered by GlobalCoin likely put a bid under the cryptocurrency over the weekend. customers, the Bitcoin ...

Trump says Florida re-election rally will rock Trump says Florida re-election rally will rock

Bush), 2008 (Barack Obama over John McCain) and 2016 (Hillary Clinton over Trump). Trump noted that his supporters made history in 2016, launching a new political movement in the country. While Trump's campaign has tried to professionalize, with sh...

The Catch-up: Why on Earth has Facebook launched its own currency? The Catch-up: Why on Earth has Facebook launched its own currency?

The antisocial network's blockchain-tracked currency, Libra , will reside in a digital wallet named for the company's newly formed financial services subsidiary Calibra . "We also share Calibra customer data with managed vendors and service provi...

Long-delayed London-Shanghai share listing project goes live Long-delayed London-Shanghai share listing project goes live

Huatai, one of China's largest brokerages, sold 75 million global depositary receipts (GDRs) at $20.50 each on June 14, the bottom of its price range, representing 9.1% of its outstanding share capital. It will be the first time foreign companies are...

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