Tuesday October 15-th, 2019

FedEx refused a Huawei phone to the U.S. amidst Huawei ban FedEx refused a Huawei phone to the U.S. amidst Huawei ban

A company spokeswoman confirmed that the package was USA bound but declined to say what it contained. After the infamous ban hit, numerous Huawei suppliers and partners around the world have ended relationships with the company. technology upon which...

George Soros among billionaires in message seeking new wealth tax George Soros among billionaires in message seeking new wealth tax

Financier George Soros and heiress Abigail Disney are among the wealthiest Americans who believe they should be paying more in taxes . They addressed their proposal to all 2020 presidential candidates, but specifically pointed to a plan put for...

Govt confirms end of multi-currency regime Govt confirms end of multi-currency regime

All transactions will be settled using the Zimbabwe Dollar. In a Statutory Instrument (SI) on Monday, the Zimbabwean Minister of Finance gazetted the official side-lining of the SA Rand, Botswana Pula and US Dollar as legal tender. Companies such a...

Trump imposes new sanctions on Iran, targets supreme leader

Escalating tensions with Iran remind us of a concept known as the butterfly effect. "The assets of Ayatollah Khamenei and his office will not be spared from the sanctions". In April, the Trump administration designated the IRGC as a terrorist orga...

US Hits Iran with Cyberattack, Launches New Sanctions to Cripple Iran's Economy

Trump pulled back from the brink of retaliatory strikes on Iran last week, but appears to be continuing to ratchet up his "maximum pressure" campaign. Trump says the supreme leader is responsible for Iran's hostile conduct. Trump once again called...

Air Canada passenger 'wakes up alone on dark, locked plane' Air Canada passenger 'wakes up alone on dark, locked plane'

But O'Brien says what she experienced was very real, and the Canadian airline is now looking into how a sleeping passenger could have been left behind, the Associated Press reported . "That was like the best moment ever". "Anyway the guy had the l...

Eldorado Resorts to acquire Caesars Entertainment in $17.3 billion deal Eldorado Resorts to acquire Caesars Entertainment in $17.3 billion deal

It will also assume Caesars' debt. The total value of the merger is $17.3-billion. Casino and hotel operator Caesars had been pushed to consider a sale by Icahn, its biggest shareholder according to data compiled by Bloomberg. The company's board...

Raspberry Pi 4 revealed: It’s a massive upgrade for the same price Raspberry Pi 4 revealed: It’s a massive upgrade for the same price

There are also three variants of the Raspberry Pi 4 to offer 1GB, 2GB or 4GB of system memory - the 1GB version will be $35, 2GB at $45, and 4GB at $55. Thanks to the upgraded video processor the new Raspberry Pi 4 can support the following features...

Raspberry Pi 4 Launches With More Power and Options Than Ever Before

Oh, it also comes with two USB 3 ports along with with the previous two USB 2 ports . In Q4 of 2018, Raspberry Pi 3+ and earlier models accounted for 2.5% of the global PC market. All these components will also be available for purchase individual...

Trump looking forward to meeting with Putin in Osaka, Bolton says Trump looking forward to meeting with Putin in Osaka, Bolton says

The leaders of China, India and Russian Federation will meet on the sidelines of the G20 summit later this week in Japan to discuss ways to counter US President Donald Trump's "protectionist" trade policy and bullying practices. Zhang hoped that in...

Viral Acharya unable to continue as deputy governor beyond July 23: RBI Viral Acharya unable to continue as deputy governor beyond July 23: RBI

The institution and the cabinet, in particular, have been at odds over the use of the RBI's excess reserves. His exit comes six months after his boss and former RBI Governor Urjit Patel resigned in an abrupt move following days of a bitter row ...

Erdogan's ruling party loses Istanbul election in major blow to Turkish president Erdogan's ruling party loses Istanbul election in major blow to Turkish president

Mr Yildirim, with 45.4 percent of the vote, conceded defeat and said: "I congratulate him and wish him success". Imamoglu narrowly won a previous mayoral election on March 31, but Erdogan's Justice and Development Party challenged the vote.

Amazon gets USA patent to use delivery drones for surveillance service Amazon gets USA patent to use delivery drones for surveillance service

According to the patent , the surveillance function can be limited through geo-fencing, a technology used to draw a virtual boundary around the property under surveillance. The company has been working on drone delivery for years. Someday you may be...

Pradhan reiterates India’s oil price concerns to Saudi Arabia

India has voiced Saturday its concern over rising crude oil prices after recent events in the Strait of Hormuz and the attack on several oil tankers. Mr Pradhan also reviewed the progress of Saudi investments in India's refining and petrochemical s...

Here's an early look at Jared Kushner's Middle East peace plan Here's an early look at Jared Kushner's Middle East peace plan

The US government on Saturday unveiled the economic part of the peace plan it will present in Bahrain on Tuesday and Wednesday, with the aim of raising more than $50 billion for the Palestinians and creating one million jobs within a decade.

Ex-Barclays boss Varley cleared over 2008 fund-raising Ex-Barclays boss Varley cleared over 2008 fund-raising

The payments were allegedly repaid when Qatari investors provided emergency funding that helped Barclays avoid a government bailout in 2008. Fraud charges against a former chief executive of British banking giant Barclays have been dropped, but...

Bob Layton: How approved is the Trans Mountain expansion project? Bob Layton: How approved is the Trans Mountain expansion project?

The court said the government needed to do better, Trudeau noted. On paper. We have a lot of words and we have a lot of promises - on both sides. "The policies of the last century will not serve Canadians in this one", he said, acknowledging the ...

Sports Direct to oppose Goals Soccer Centres board reappointment Sports Direct to oppose Goals Soccer Centres board reappointment

On Wednesday, Goals issued a statement rebuffing Sports Direct's calls to appoint new advisers to investigate the accounting issues. But East Kilbribe-based Goals said earlier this week that it was continuing talks with the taxman over the affair...

United States stocks turn higher despite rising Iran tensions United States stocks turn higher despite rising Iran tensions

Davidson. The dollar weakened after the Fed, the US central bank, on Wednesday indicated a marked shift in sentiment even as it left its benchmark rate unchanged for now. The markets have been reacting to signs the Federal Reserve is willing to cut...

Mitsubishi Motors shareholders approve ousting of Carlos Ghosn Mitsubishi Motors shareholders approve ousting of Carlos Ghosn

French automaker Renault SA owns 43 percent of Nissan . Mitsubishi Motors joined the three-way partnership in 2016 when Nissan bought a 34% stake in its smaller rival for about $2.3 billion. Nissan expressed reservations about immediately joinin...

Neil Woodford urged to find other ways to return billions to clients Neil Woodford urged to find other ways to return billions to clients

The fund supermarket told the Treasury committee that 133,769 clients held nearly £1.1 billion of units in Neil Woodford's frozen fund, but this number rises to 291,520 clients with £1.62 billion when including holdings in funds which have invested i...

Woman terrified after 'waking up alone on dark plane'

A woman said she woke up from her flight only to find the plane was empty and dark. Air Canada have since called Adams twice to apologize and say they're now conducting an investigation to determine how the plane's crew managed to miss her before d...

Kia Motors Betting on 'Seltos' for Penetration of Indian Automobile Market Kia Motors Betting on 'Seltos' for Penetration of Indian Automobile Market

The Seltos , Kia said, has been designed and developed keeping the Indian market in mind, but will be exported from its domestic plant to markets in the Middle East, Africa, Latin America and other Asian countries. The vehicle will come in petrol,...

Gold tops $1,400 on weak dollar and geopolitical worry Gold tops $1,400 on weak dollar and geopolitical worry

Platinum was up 0.2% at $804.33 per ounce . Yesterday, gold blasted through its US$1350/oz resistance level to US$1383/oz, marking a five-year high for the yellow metal. After initially approving military strikes against Iran in retaliation for ...

Ripple CEO: Ripple CEO: "I'm long Bitcoin", doesn't see it as competition to XRP

It is primarily because of Facebook's cryptocurrency Whitepaper release . Bitcoin and XRP are not competitors, Ripple CEO Brad Garlinghouse said in a Fortune interview this week . In an attempt to water down the enormous news of Facebo...

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