Wednesday October 16-th, 2019

Growth of eight core sectors slows down to 0.2% in June Growth of eight core sectors slows down to 0.2% in June

This is symptomatic of stagnation setting in the domestic industry, said economists. June's freefall growth rate is blamed largely on refinery production, which commands nearly 30% of the index, by weight. Within industry, credit growth to infrastr...

Saudi Arabia keeps July oil output below 10 mn bpd Saudi Arabia keeps July oil output below 10 mn bpd

U.S. West Texas Intermediate (WTI) crude was down 77 cents at $57.81. Iran's crude exports declined to as little as 100,000 bpd in July, according to tanker data and an industry source, from more than 2.5 million bpd in April 2018. EIA reported pro...

Sobeys to eliminate plastic bags from its stores within 6 months Sobeys to eliminate plastic bags from its stores within 6 months

The chain added that the move will take away 225 million plastic grocery bags from circulation every year. "We're taking action now, making a tangible difference today and into the future", he said. The company will also launch a campaign in Septem...

This Is The 800-HP Pagani Huayra Roadster BC This Is The 800-HP Pagani Huayra Roadster BC

We're talking just 75 milliseconds here. And the engine is the same version of the AMG-sourced 6.0-liter twin-turbocharged V-12 fitted to the Huayra BC coupe . Like the BC, the Roadster's aerodynamic package has been completely revised, with a ser...

Microsoft will retire Skype for Business Online in 2021 Microsoft will retire Skype for Business Online in 2021

Microsoft plans to make Teams more palatable to Skype for Business Online users by adding shorter retention periods to strip channel and chat data from Teams storage (due by the end of 2019), Teams and Skype Consumer interoperability in the first q...

Samsung hopeful of chip recovery as Q2 net falls 56% Samsung hopeful of chip recovery as Q2 net falls 56%

Recently, Japan imposed export curbs on industrial materials necessary for Seoul's semiconductor and display screen industries. The tech giant's revenue in the second quarter came in at 56.1 trillion won, down 4 percent from a year earlier.

FTC warns cash option may be small for Equifax settlement FTC warns cash option may be small for Equifax settlement

There, you can also find information on the claims process, the deadline to file and how to find out whether you were affected by the data breach . The $700 million worth of settlements hashed out between state and federal authorities and Equif...

Canada’s main stock index down, loonie up ahead of Fed rate announcement

Powell had previously telegraphed to markets that the rate cut was likely on the way to address slowing global growth and trade wars. But President Donald Trump stated that a small rate cut "is not enough". Trump cautioned China against skipping a ...

US Fed cuts interest rates as expected, leaves door open for more US Fed cuts interest rates as expected, leaves door open for more

Mortgage rates are already pretty low, Feroli said, noting that a 30-year fixed rate mortgage was at 5.17% in November 2018, and last week it was 4.08%. Trump has blamed the Fed's four rate hikes in 2018 as a key reason why the US economy is slowing....

How to get free guacamole from Chipotle on National Avocado Day How to get free guacamole from Chipotle on National Avocado Day

Customers who order online or through the company's app can add guacamole to their order for no charge. The offer is limited to one free scoop of guacamole for each entree ordered and is valid only at participating locations. Their first challeng...

Wall Street drops as trade worries weigh; Fed looms Wall Street drops as trade worries weigh; Fed looms

Apple climbed 3% in after-hours trading after its latest results handily beat analysts' estimates. Crude rose on expectations that Wednesday's US stockpile report will show sharp declines in inventories. Companies are just about halfway done with c...

Google Cloud & VMware Partner to Run VMWare Workloads on Google Cloud Google Cloud & VMware Partner to Run VMWare Workloads on Google Cloud

Google on Tuesday also announced it is bringing Migrate for Anthos into beta. Offering customers " hybrid cloud functionality", and built on open-source container-based technologies- including Kubernetes, Istio, and Knative- Google's launch of ...

1M free Snickers bars to be given out if Halloween date changes 1M free Snickers bars to be given out if Halloween date changes

Thrillist reports more than 102,000 people had signed the online petition as of Tuesday afternoon. Mars, Inc., the makers of Snickers , has thrown support behind the petition, saying it will give away a million Snickers bars for free if the f...

German prosecutors charge former Audi boss with fraud over 'dieselgate' German prosecutors charge former Audi boss with fraud over 'dieselgate'

The VW dieselagate scandal erupted in September 2015 when it emerged VW had installed so-called "cheat devices" in 600,000 vehicles sold in the United States and millions more globally. The Munich district court will now decide if Stadler must face t...

Boris Johnson dines with DUP leaders to discuss confidence and supply deal Boris Johnson dines with DUP leaders to discuss confidence and supply deal

Almost a week after he became Prime Minister, Boris Johnson has finally spoken on the phone to the Irish Prime Minister Leo Varadkar. Arlene Foster said: "It is project fear mark 2 from the Taoiseach". But the DUP insisted today a referendum in N...

Oil prices rise ahead of expected United States interest rate cut Oil prices rise ahead of expected United States interest rate cut

Oil prices extended overnight gains on Tuesday amid widespread expectations the U.S. Federal Reserve will cut interest rates for the first time in more than a decade this week. Other analysts said prices were up this week due to technical issues a...

US plan to allow prescription drugs from Canada US plan to allow prescription drugs from Canada

The Trump administration took hesitant first steps Wednesday to allow the importation of certain drugs from Canada and other countries. And long-available drugs like insulin have also seen price increases that have forced some people with diabetes ...

Amazon eyes Uber Eats to boost user engagement Amazon eyes Uber Eats to boost user engagement

Citing sources who declined to be named, Reuters reported that Amazon is working with local partner Catamaran, founded by Infosys cofounder Narayana Murthy, and has started to hire staff for the new operations. According to industry estimates, ...

Chinese forces gathering at Hong Kong border, White House officials monitoring escalation Chinese forces gathering at Hong Kong border, White House officials monitoring escalation

Police officers shout towards anti-extradition Bill protesters who surrounded a police station where detained protesters are being held during clashes in Hong Kong July 30, 2019. In a statement Tuesday, police accused pro-democracy protesters of "p...

Dozens charged with rioting to appear in Hong Kong court Dozens charged with rioting to appear in Hong Kong court

Beijing frequently responds to comments on Hong Kong from American politicians and diplomats by telling them not to interfere in its internal affairs, and has done so repeatedly since protesters first took to the streets in early June to oppose a n...

UK’s business lobby warns European Union unprepared for no-deal Brexit UK’s business lobby warns European Union unprepared for no-deal Brexit

Raab said that if the European Union sticks to that line then the United Kingdom needs to be prepared for a no-deal Brexit. And finally, it called on businesses to prioritise their people in the event of no-deal Brexit, with communications prepared...

Tesla Just Announced a Giant New Battery System to Store Renewable Energy Tesla Just Announced a Giant New Battery System to Store Renewable Energy

A system of Megapacks is more cost-effective and can be installed faster than a fossil-fuel power plant, Tesla says , and the Megapacks can store energy generated by wind turbines or solar panels. Peaker power plants fire up whenever the local util...

German Price War Blamed For Lufthansa Group Earnings Drop German Price War Blamed For Lufthansa Group Earnings Drop

Europe's biggest airline joins discount rival Ryanair Holdings Plc in clinging to its earnings goals in the face of falling fares, slowing GDP growth, rising fuel costs and disruption from congested airspace and extreme weather. Net losses of Lufthan...

Capital One Data Breach Affects 100 Million Americans Capital One Data Breach Affects 100 Million Americans

NY attorney general Letitia James is opening an investigation into a massive hack of Capitol One that affects more than 100 million people. " Capital One is a standout in the financial institutions community by going public cloud while most of its...

Ryanair hit by air fare battle and Brexit uncertainty Ryanair hit by air fare battle and Brexit uncertainty

Final decisions on returning the Boeing 737 Max to service "will be based on Air Canada's safety assessment following the lifting of government safety notices and approval by global regulatory authorities", the Montreal-based airline said Tuesday...

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