Sunday September 27-th, 2020

Hypersonic 'space plane' promises four-hour London to Sydney flights by 2030s Hypersonic 'space plane' promises four-hour London to Sydney flights by 2030s

UK Space's Will Whitehorn said: " It would not only allow you to fly around the world hypersonically, and take people from London to Australia outside the atmosphere and have far less long term effect on the atmosphere but it will also allow you to r...

Federal Reserve expected to cut interest rates Federal Reserve expected to cut interest rates

The U.S. Fed on Wednesday lowered interest rates by 25 basis points amid growing risks and uncertainties stemming from trade tensions and a global economic slowdown, following a rate cut in July that was its first in more than a decade. Citing the ...

DoorDash confirms data breach affecting 4.9M DoorDash confirms data breach affecting 4.9M

It said immediate steps were taken to block further access from that third party and to enhance security. The breach comes as the unicorn has been readying a public stock offering and fighting lawsuits alleging its delivery workers have violently a...

US House Passes Bill Giving Pot Businesses Access to Banking US House Passes Bill Giving Pot Businesses Access to Banking

House of Representatives for the first time. Advocates of the bill say it would improve public safety by allowing cannabis businesses to use conventional financial systems instead of cash. It's a prerequisite, in some ways, for broader reforms. B...

Census: Louisiana among states with greatest income inequality Census: Louisiana among states with greatest income inequality

Census Bureau data obtained on August 2 by the Illinois Business Daily. "In 2018, the unemployment rate was already low, and the labor market was getting tight, resulting in higher wages". The president shifted his strategy in July after the U.S...

Asian shares edge higher as China-US trade talks planned Asian shares edge higher as China-US trade talks planned

Treasury Secretary Steven Mnuchin that U.S. Both Mnuchin and Trump said that China had committed to buy a lot of agricultural goods. "We want them to buy agriculture". "We just decided the timing of the trip wasn't necessarily the ideal timing, s...

No liquidity problem, worst phase of economic slowdown over: Sitharaman No liquidity problem, worst phase of economic slowdown over: Sitharaman

Earlier in September, Sitharaman said government wants to ensure maximum credit disbursal during the festive season and to expedite that the flow of banks' liquidity to the NBFCs and the customers, she had announced that all scheduled banks (both...

Beijing deplores U.S. sanctions on Chinese nationals, entities over Iran oil Beijing deplores U.S. sanctions on Chinese nationals, entities over Iran oil

The United States on Wednesday (Sept 25) announced sanctions on Chinese companies for buying Iranian oil, stepping up pressure despite European attempts to arrange talks between Washington and Teheran. The recently introduced restrictive measures t...

Gold and silver prices again fall drastically, know today's rate Gold and silver prices again fall drastically, know today's rate

Silver futures on MCX were down 0.15% to ₹46,717 per kg. Gold closed at Rs 37,602 on MCX, touching an intraday high of Rs 38,194 and an intraday low of Rs 37,485. "Spot gold (Delhi) prices opened lower following overnight selling in spot COMEX g...

McDonald's joins vegan push with Beyond Meat P.L McDonald's joins vegan push with Beyond Meat P.L

The company said that during the fourth quarter of this year and in early 2020 it will continue to expand the retail presence of the company and its meatless patty. Impossible Burger is coming to a supermarket near you. "Our menu is always evolvin...

Fremont Policeman's Tesla Needed Charge-Up During High-Speed Chase Fremont Policeman's Tesla Needed Charge-Up During High-Speed Chase

Yet, the department likely learned a tough lesson when the Model S police auto suffered a almost depleted battery right in the middle of a police pursuit. "So far so good", Washington said, noting there is usually about 40 to 50 per cent battery li...

ADB trims Asian outlook, citing trade wars, global slowdown:The Asahi Shimbun ADB trims Asian outlook, citing trade wars, global slowdown:The Asahi Shimbun

In its Asian Development Outlook 2019 Update launched on September 25, ADB noted that while Vietnam's gross domestic product growth moderated in the first half of 2019, it will remain resilient this year and next year despite a weaker external envi...

Read the White House memo of Trump's call with Ukraine's leader

The complaint is central to the impeachment inquiry announced on Tuesday by House Speaker Nancy Pelosi . "So at this point, the Democrats are accusing Trump of crimes they committed", Watters said. "Biden went around bragging that he stopped the...

US Federal Reserve cuts interest rate for second time this year

Fed policymakers wrapped up a two-day meeting on Wednesday. The Fed noted in its statement that "business fixed investment and exports have weakened". Chairman Powell stated: "If the economy does turn down, then a more extensive series of rate cuts c...

U.S. stocks trade higher amid strong Nike shares U.S. stocks trade higher amid strong Nike shares

At closing bell, the Dow Jones Industrial Average fell one-half a percent, the S&P 500 lost point-8 percent and the Nasdaq Composite dropped 1-and-a-half percent. -China trade tussle and worries over slowing global economic growth. "Today, while th...

US's Trump outlines action on Iran, China at United Nations talks US's Trump outlines action on Iran, China at United Nations talks

China 's top diplomat, Foreign Minister and State Councilor Wang Yi, hit back at tough criticisms from the United States on Tuesday and said the world's two biggest economies should respect each others' interests and cooperate for their mutua...

Nuclear energy still challenge for India: PM Modi Nuclear energy still challenge for India: PM Modi

They love this gentleman to my right. People went insane, that was like Elvis. Following the meeting, Trump said that the U.S. will soon sign a trade deal with India, with "significant progress" made on a number of outstanding issues. Maybe he is the...

Japan ink trade deal in phase one

Trump said at the signing ceremony with Abe that the deal's first phase would cover $40 billion worth of digital trade between the world's largest and third-largest economies. USA farm groups applauded the announcement. Last year, the total U.S. tr...

GM furloughs 1,225 more workers as strike enters 2nd week GM furloughs 1,225 more workers as strike enters 2nd week

Nearly 50,000 full-time factory workers hit the picket lines more than a week ago, making this the most extended nationwide walkout towards GM since 1970. The U.S. labour action, the first national strike by the UAW since 2007, is over issues includi...

Jeff Bezos Commits Amazon to Saving the World from Climate Change Jeff Bezos Commits Amazon to Saving the World from Climate Change

Employees at major tech companies are using activism to pressure their employees to take a more active role in fighting climate changes . He said other CEOs of global companies had seemed receptive to the idea when he spoke to them. The resolution...

EBay CEO clashes with board, steps down EBay CEO clashes with board, steps down

Chief executive Devin Wenig is leaving eBay amid the online shopping company's corporate overhaul. The company's chief financial officer, Scott Schenkel, will serve as interim CEO while the board searches for a permanent replacement. EBay said its st...

Tesla rival Nio tumbles after deliveries disappoint Tesla rival Nio tumbles after deliveries disappoint

Nio's slowing sales, weak vehicles deliveries , and compressed margins indicate the state of the electric vehicle market in China could be declining. This has raised prices of electric vehicles, resulting in a slowdown in sales. Reuters had reporte...

Juul replaces CEO and stops all advertising as vaping crisis escalates Juul replaces CEO and stops all advertising as vaping crisis escalates

Juul and hundreds of smaller e-cigarette companies are fighting for their survival as they face two public health debacles linked to vaping: a mysterious lung illness and rising use of e-cigarettes by teenagers. Juul is the subject of several investi...

Honda to cease diesel vehicle sales in Europe by 2021 Honda to cease diesel vehicle sales in Europe by 2021

For Honda , the move to all EVs is expected to make up two-thirds of its vehicle lineup by 2030, up from the less than 10 percent it does now, the news outlet said. In February, Honda said that would close its Swindon, UK plant in 2021 with the ...

Gold prices inch lower Gold prices inch lower

Gold is expected to be supported in the short term and may hit $1,600 an ounce, according to Howie Lee, an economist at Singapore-based Oversea-Chinese Banking Corp. President Donald Trump on Friday approved sending American troops to bolster Saudi...

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