Wednesday July 15-th, 2020

The cities most at risk of a real estate bubble The cities most at risk of a real estate bubble

The risk of housing bubble collapse decreased for Asia's marque real estate price leaders, Hong Kong and Singapore. Munich topped the list of high-risk real estate bubble markets. If you purchased residential property in Toronto during the last 4...

Airbus Tariffs: EU Warns US Of Retaliation Airbus Tariffs: EU Warns US Of Retaliation

After the EU's Airbus captured a significant share of the world market for civil aircrafts in early 2000, the U.S. launched a massive trade dispute against Airbus saying that the European company benefited largely because of launch aid/member state f...

Toyota C-HR Revealed With A Youthful Vibe Toyota C-HR Revealed With A Youthful Vibe

The C-HR's fun paint options return for 2020 including a bright blue dubbed Blizzard Pearl, but it now pairs with a silver roof rather than a white roof. The three trim levels carry over, but the basic LE model now gets LED lights as standard along w...

South Korea consumer prices fall for first time as export woes persist South Korea consumer prices fall for first time as export woes persist

Danske Financial institution economists are warning there's a 30 per cent probability of a world recession within the subsequent two years. But they are also ramping up calls on governments to jump in too with fiscal measures, saying they can't do al...

Wall Street drops sharply as manufacturing contracts again Wall Street drops sharply as manufacturing contracts again

The Nasdaq Composite Index went down 90.65 points, or 1.13 percent, to 7,908.69. The Institute for Supply Management's manufacturing purchasing managers' index (PMI) weakened to 47.8 in September from 49.1 the month before. USA and Chinese negoti...

FAA clears UPS to expand drone use for medical supply delivery FAA clears UPS to expand drone use for medical supply delivery

United Parcel Service ( UPS ) has beat out rivals Amazon and Alphabet to receive the U.S. government's first full approval to operate a drone fleet to deliver packages, the company said Tuesday. As the operator, they have been engaged in delivery of ...

Euro zone factory activity shrank for eighth month in September: PMI Euro zone factory activity shrank for eighth month in September: PMI

Myanmar led the pack in August, with a PMI of 52 during the month, unchanged from the previous month. Germany's leading economic institutes are set to lower on Wednesday their growth forecast for the economy for this year and next, sources told R...

GM lays off 6,000 workers in Mexico due to parts shortage GM lays off 6,000 workers in Mexico due to parts shortage

Dittes' letter says "Regardless of what is publicized in print or social media. there are still many important issues that remain unresolved" in the negotiations. Data released on Tuesday showed the USA manufacturing sector contracted in September to...

Tesla CEO Musk violated national labour laws: Judge Tesla CEO Musk violated national labour laws: Judge

Among the violations of the law cited in the filing was a tweet sent by Musk in May 2018. The electric-car maker threatened and retaliated against employees who wanted to unionize, a violation of the National Labor Relations Act, a year ago and i...

Apple fails to get tariff exemption for five Mac Pro components Apple fails to get tariff exemption for five Mac Pro components

In late September, it was reported that the US government had approved a tariff exemption request for 10 Chinese-made Mac Pro parts. The lack of exemption is because Apple "failed to show that the imposition of additional duties on the particular p...

Thomas Cook auditors investigated by accounting watchdog Thomas Cook auditors investigated by accounting watchdog

But the website has been delayed by a week as the CAA fine-tunes the project, and will now go live on October 7. The French arm of Thomas Cook owns 172 travel agencies generating annual revenue of €425 million, and the bankruptcy initially strand...

SEC Settles Charges with Block.one, Fines $24 Million SEC Settles Charges with Block.one, Fines $24 Million

Notably, a grand total of $4.1 billion was raised. "Companies that offer or sell securities to USA investors must comply with the securities laws, irrespective of the industry they operate in or the labels they place on the investment products they...

Schwab commission-free trading for RIA clients Schwab commission-free trading for RIA clients

On Tuesday, Schwab said users will no longer pay $4.95 per trade for trading stocks and ETFs on its platform. While some commission-free offerings and other almost-free offerings have been out for stocks, exchange-traded funds and options, Charles ...

Zuckerberg says he's ready for a legal fight if Warren becomes president Zuckerberg says he's ready for a legal fight if Warren becomes president

Leaked audio of Facebook Inc Chief Executive Mark Zuckerberg addressing questions from staff in two internal July meetings was published on Tuesday by The Verge . The Facebook alternative, called Lasso, is being tested in Mexico because, Zuc...

Kathmandu (ASX:KMD) to buy Rip Curl for A$350 million Kathmandu (ASX:KMD) to buy Rip Curl for A$350 million

The move follows Kathmandu's acquisition of North American footwear brand Oboz in April 2018 for $97 million, and is expected to further diversify Kathmandu's geographic footprint, channels to market and seasonality profile. "Sharing a focus on...

The iPhone 11 is a real success in India The iPhone 11 is a real success in India

Now that the phones have been released and they're being tested by reviewers and vloggers, however, Apple's iPhone 11 and iPhone 11 Pro phones haven't been performing as well as we expected them to. The iPhone 11 lineup once again pushes the bounda...

Sanders says he raised $25.3M in 3rd quarter Sanders says he raised $25.3M in 3rd quarter

With the infusion of cash, the campaign now plans to hire 40 staff, open new field offices, launch a ballot access program, and make a six-figure investment to grow its email list, campaign manager Addisu Demissie said. And 99.9% of donors have also ...

Facebook CEO Mark Zuckerberg Refuses to Commit to Libra’s Planned 2020 Launch Facebook CEO Mark Zuckerberg Refuses to Commit to Libra’s Planned 2020 Launch

But right now I am really focused on making sure that we do it right. For these entities, this cryptocurrency is a threat to sovereign currencies, represents a risk to financial stability and is a possible tool that can be used in financial crimes.

Airport worker injured after malfunctioning catering cart causes chaos Airport worker injured after malfunctioning catering cart causes chaos

Heads up safety move by a ramp worker!", the chief executive of the American Osteopathic Association, Kevin Klauer captioned the video. The cart almost crashes into the nose of an aeroplane parked nearby before a ground support equipment vehicle be...

M&M forms joint venture with Ford, acquires 51% stake in India unit M&M forms joint venture with Ford, acquires 51% stake in India unit

Ford will transfer its India operations - including its personnel and assembly plants in Chennai and Sanand - to the new company formed under this JV. The joint venture will use the Ford brand distribution network in emerging markets to extend supp...

EoW files FIR against officials of HDIL, PMC Bank over alleged fraud EoW files FIR against officials of HDIL, PMC Bank over alleged fraud

Debt-ridden Housing Development & Infrastructure Ltd (HDIL) plunged to a record as regulators examined the scale of the real estate developers borrowings from a lender that was sanctioned by the Reserve Bank of India (RBI). Many had also lined up o...

Oil Prices Fall as China's Economic Outlook Remains Weak Oil Prices Fall as China's Economic Outlook Remains Weak

Demand growth is weakening, oil supply outside OPEC is rising significantly and OPEC+'s production discipline has recently faded ... Oil prices slipped today as China's economic outlook remained weak even as manufacturing data improved as an ongoin...

Australia cuts key interest rate to record low 0.75% Australia cuts key interest rate to record low 0.75%

Morgan. In a statement, the RBA said "while the outlook for the global economy remains reasonable, the risks are tilted to the downside", citing "a weaker-than-expected" expansion to the national economy of just 1.4 percent over the year to the ...

Diesel, 95 octane set to rise in October Diesel, 95 octane set to rise in October

It further stated that the petroleum prices were expected to rise internationally from mid-December and the trend of rising prices would continue till November. Super will be available for QR1.85 per litre, five dirhams more than September price of Q...

All-new Toyota 86 & Subaru BRZ confirmed All-new Toyota 86 & Subaru BRZ confirmed

The new partnership between the two Japanese vehicle makers also includes Toyota raising its stake in Subaru from the current 17 percent to 20 percent, with Subaru to also acquire a small stake in Toyota . On the flipside, they've been prais...

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