Tuesday September 29-th, 2020

USA stocks end higher amid trade hopes USA stocks end higher amid trade hopes

Worldwide equities have been combined on Wednesday after Wall Road benchmarks set new highs, boosted by optimism over commerce talks between the United States and China. The Commerce Division's proposal could complicate efforts to conclude the commer...

Mercedes-Benz GLC Facelift India Launch Details Out Mercedes-Benz GLC Facelift India Launch Details Out

Speaking of the 2019 GLC SUV, it is a mid-cycle facelift with multiple exterior and interior updates. It gets a revised front end with a new grille and headlamps. Under the hood, we expect the GLA to utilize the same 2.0-liter turbocharged four-cylin...

Top US, Chinese trade negotiators discuss core issues via phone call Top US, Chinese trade negotiators discuss core issues via phone call

Trump's comments lifted markets and Wall Street's three major indexes to a high, per Reuters . His remarks followed a telephone call on Tuesday by US Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin with Chinese Vice Pr...

Audi will slash 9,500 jobs to save $6.6 billion by 2029 Audi will slash 9,500 jobs to save $6.6 billion by 2029

The remaining approximately 50,000 employees in Germany will have job guarantees until end-2029 and Audi will create 2,000 new jobs to develop future technology like electric cars and digital offerings. This will increase productivity and sustainab...

Prince Andrew stepping down from Pitch@Palace charity initiative Prince Andrew stepping down from Pitch@Palace charity initiative

The serious allegations against the prince, who's eighth in line to the British throne, come at a time when he's facing major sexual harassment and rape allegations in connection to Epstein's case. Another arts body also reportedly severed its ties, ...

Tata Steel to cut 1,000 United Kingdom jobs in Europe-wide shake-up Tata Steel to cut 1,000 United Kingdom jobs in Europe-wide shake-up

Tata Steel is planning to axe 1,000 jobs in the United Kingdom, as it struggles with the crisis engulfing steelmakers across the world. It is not yet known whether the job cuts will affect Tata's 750 employees working at Wednesfield Steel Park i...

This epic Samsung QLED TV deal takes $800 off for Black Friday This epic Samsung QLED TV deal takes $800 off for Black Friday

Black Friday deals have now reached OLED and QLED TVs, which means you can save over £1,000 on select models right now. For thousands more live deals visit theAmazon Black Friday & Cyber Monday page andWalmart Black Friday & Cyber Monday home page.

Trump signs Hong Kong human rights bill opposed by China Trump signs Hong Kong human rights bill opposed by China

Trump remains on the fence over whether he'll sign the measure, something that would anger Beijing. White House lawyers were reviewing the Hong Kong bill that Congress approved last week, US trade adviser Peter Navarro said Sunday before Trump publ...

Transit shutdown averted in Vancouver Transit shutdown averted in Vancouver

The bargaining committee met with Unifor national president Jerry Dias, his assistant Chris MacDonald and the Unifor western regional director Gavin McGarrigle on Tuesday morning before bargaining resumed in the afternoon. Coast Mountain Bus Company ...

Texas drops lawsuit to block T-Mobile-Sprint merger Texas drops lawsuit to block T-Mobile-Sprint merger

Without Texas, 14 states and the District of Columbia argue that the deal will lead to higher prices for consumers. T-Mobile's pompous "New Un-carrier 1.0" moves announced a couple of weeks ago may not have been enough to convince the Attorney Gene...

FDA warns companies on illegal CBD products, marketing FDA warns companies on illegal CBD products, marketing

Consumer use of any CBD products should always be discussed with a healthcare provider. It also notes that most of the products in this category are being marketed with unproven claims and that quality and manufacturing issues exist due to the lack o...

United States stock indexes eye new highs amid optimism over trade United States stock indexes eye new highs amid optimism over trade

Traders also got a new read on the US consumer Tuesday. U.S. discount brokerage TD Ameritrade Holding Corp was up 7.58 per cent after larger rival Charles Schwab Corp said it would buy the company in an all-stock deal valued at about US$26 billio...

U.S., China in U.S., China in "final throes" of trade deal

Trump said Washington was in the "final throes" of work on a deal, . that would defuse the 16-month long trade war. China and the United States are very close to a "phase one" trade deal, the Global Times, a tabloid run by the ruling Communist Pa...

Tentative deal reached to end CN Rail strike Tentative deal reached to end CN Rail strike

The seven day strike has tied up all kinds of commodity shipments including grain, propane, potash and lumber, just to name a few. This is the second major strike to directly impact Canada's retailers in as many years following last year's Canada...

Westpac CEO Brian Hartzer steps down amid money laundering scandal Westpac CEO Brian Hartzer steps down amid money laundering scandal

So far, the scandal has claimed the scalps of Westpac chief executive Brian Hartzer, whose imminent departure was announced yesterday, and chairman Lindsay Maxted, who will step down in 2020. Westpac chief financial officer (CFO) Peter King will repl...

Caltex board mulls $8.6b takeover offer Caltex board mulls $8.6b takeover offer

The conditional offer would account for 15.8 per cent more than the closing share price for Caltex, which is the second offer received by the company. Caltex decided at the start of the year to buy out all of its fuel franchisees by 2020, but admitte...

Tesla and Ford trade challenges in macho truck world Tesla and Ford trade challenges in macho truck world

The video had been seen nearly 13 million instances on Twitter from early Tuesday in California and has been "retweeted" greater than 110,000 instances. Tesla's new electric pickup truck has secured nearly 150,000 orders, Musk said on Twitter just...

China ensuring rare earth dominance crucial in trade war China ensuring rare earth dominance crucial in trade war

The U.S. and Australia are partnering more closely on mining and processing rare earths in a bid to weaken China's grip on the supply of materials used in everything from smartphones to fighter jets. While it's never too late for a person to start al...

Indian Uber rival Ola to launch in London 'in the coming weeks' Indian Uber rival Ola to launch in London 'in the coming weeks'

Drivers and riders will not experience any disruption for the time being. Jasmin Whitbread, of the business group London First, described it as a "blow for millions of Londoners and visitors who rely on Uber to get around the capital". British an...

5G subscriptions to top 2.6bn by 2025: Ericsson 5G subscriptions to top 2.6bn by 2025: Ericsson

The latest Ericsson Mobility Report is forecasting 2.6 billion 5G subscriptions by 2025, but thinks we're still a year or two from it going mass market. "A total of 500 million additional smartphone users are expected in India by 2025", the report ...

Papa John's founder John Schnatter had 40 pizzas in 30 days Papa John's founder John Schnatter had 40 pizzas in 30 days

The pizza chain, which got an investment earlier this year from activist investor Starboard Value LP, has been working to mount a comeback following a sales slump and a scandal involving Schnatter's use of a racist slur that the founder says was ta...

Google employee activist says she's been fired Google employee activist says she's been fired

Google has denied any ulterior motive for the disciplinary actions. Activists within Google, however, said that the policy in question is vague and that the firings were retaliatory. But Google ( GOOG ) is quickly developing a very different reputa...

Special Aston Martin DBS Superleggera Concorde takes flight Special Aston Martin DBS Superleggera Concorde takes flight

Pieced together with the expertise of Q by Aston Martin, the coupe is the latest in Aston Martin's aviation-inspired Wings Series specials, following the Vanquish S Red Arrows Edition, Vantage Blades Edition, and V12 Vantage S Spitfire 80 .

E. Coli Case Confirmed - Check Your Lettuce E. Coli Case Confirmed - Check Your Lettuce

As the number of people infected by E. coli has been increasing, health officials raised concerns about the consumption of Chopped romaine lettuce. They're not advising retailers and restaurants not to sell romaine from the Salinas, California gr...

Second Lawsuit Drags Bitfinex, Tether to Court for BTC Price Manipulation Second Lawsuit Drags Bitfinex, Tether to Court for BTC Price Manipulation

Bitfinex says that this "copycat lawsuit" is just as "baseless" as the class action complaint filed on October 6 in the U.S. District Court for the Southern District of NY. Indeed, Bitfinex's UNUS SED LEO token has failed to gain traction, pos...

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