Wednesday January 26-th, 2022

Asian stocks surge as Trump reportedly approves trade deal Asian stocks surge as Trump reportedly approves trade deal

Chinese officials said Friday that the a Phase One agreement has been reached with the US on trade that includes a phased rollback of tariffs. Trump called it 'an wonderful deal for all'. Beijing has so far remained silent. That led the Trump ad...

Saudi Aramco hits US$2 trillion valuation goal one day after floating Saudi Aramco hits US$2 trillion valuation goal one day after floating

Saudi Aramco jumped for a second day, pushing the oil giant's value beyond the $2 trillion mark that alienated global investors and potentially making further share sales overseas more hard, Bloomberg reported. "Now is a good time for this IPO to ...

Liverpool airport closed after a plane comes off runway Liverpool airport closed after a plane comes off runway

The airport is now closed and all flights there have been suspended. They said: "Flights to #liverpoolairport being diverted to Manchester after a plane went off the runway". BBC North West reported that there were no injuries from the accident. Ac...

Cisco CEO unveils ‘Silicon One’ chip called ‘Internet for 5G era’ Cisco CEO unveils ‘Silicon One’ chip called ‘Internet for 5G era’

Interestingly, the list of operators supporting Cisco Wednesday includes companies that have traditionally been outspoken advocates of open source software and commodity hardware - AT&T, Facebook and Microsoft. Cisco said it is now working with Com...

Trump congratulates UK’s Boris Johnson on ‘great’ election victory Trump congratulates UK’s Boris Johnson on ‘great’ election victory

The exit poll showed voters had gone with Johnson's "Get Brexit Done" promise and pro-market philosophy and rejected left-wing veteran Corbyn, who had promised a second Brexit referendum and a radical expansion of the state. "People just wanted it ...

Wetherspoon 'to create 10,000 jobs over four years' Wetherspoon 'to create 10,000 jobs over four years'

It can even be investing in main cities together with London, Dublin, Edinburgh, Glasgow, Birmingham, Leeds and Galway. Towns set to receive new branches of Wetherspoon include Bourne (Lincolnshire), Diss (Norfolk), Ely (Cambridgeshire), Felixsto...

Johnson's snap poll gamble pays off as he heads for landslide Johnson's snap poll gamble pays off as he heads for landslide

The result, however, was disastrous for Jeremy Corbyn , with Labour forecast to lose 52 seats. Coverage of elections, including this one, inevitably depicts them as a popularity contest between the party leaders - focused on fluctuations in opinio...

Pound surges to two-year high against the euro Pound surges to two-year high against the euro

Conservative Prime Minister Johnson has promised to take the United Kingdom out of the European Union by the end of January and then negotiate a trade deal with the bloc. The euro has been above 80p since the Brexit vote, and traded in a range of 85p...

Lord Saatchi resigns from ad agency amid plunging profits Lord Saatchi resigns from ad agency amid plunging profits

As well as Lord Saatchi, Lord Dobbs, Sir Michael Peat and Lorna Tilbian all quit the board of the firm. M&C Saatchi, which has created ad campaigns for a number of Conservative elections including the "demon eyes" advertisements that ran in 1997 sh...

WTO chief details bid to save appeals panel WTO chief details bid to save appeals panel

Briefing journalists after the first of a three-day meeting of the WTO's General Council, Rockwell said each Appellate Body member has a mandate and that all will have expired except for one this week after the United States has blocked new appoint...

IPhones, Switches and toys on the table in US-China trade talks IPhones, Switches and toys on the table in US-China trade talks

In addition to existing tariffs, Trump had threatened to impose a 15 percent levy Sunday on around $160 billion of Chinese exports, including popular USA consumer goods like electronics and clothing. Trump's overall goal with China, a keystone of his...

Federal Reserve keeps interest rates on hold amid 'favorable' economic outlook Federal Reserve keeps interest rates on hold amid 'favorable' economic outlook

Rates are at an "appropriate" level to support the economy after the trio of cuts but the policymakers will monitor the gloomy global economic outlook and "muted inflation pressures", it said. The policymakers noted United States economic activity ...

Gold falls Rs 73 silver slides by Rs 89 Gold falls Rs 73 silver slides by Rs 89

Gold is often considered a safe-haven investment during times of political and financial uncertainty. China said on Monday that it hoped to make a trade deal with the United States as soon as possible, while President Donald Trump said Washington...

Global Stocks Mixed Ahead of Fed Decision Global Stocks Mixed Ahead of Fed Decision

Markets are braced for a busy few days as the US and European central banks hold policy meetings that will provide fresh assessments of key economic indicators, as well as a general election in the United Kingdom that could prove to be a turning poin...

Porsche Taycan 4S 2020 review Porsche Taycan 4S 2020 review

That's a whole lot less than the 2020 Tesla Model S Performance is rated for, at 348 miles on a charge. It was also below the Jaguar I-Pace , an electric vehicle that launched in 2018. Still, with Porsche acknowledging that it lost some customers to...

FAA analysis predicted many more Boeing Max 737 crashes without a fix FAA analysis predicted many more Boeing Max 737 crashes without a fix

Ed Pierson, a former Boeing manager who raised concerns about potential safety flaws with the now-grounded 737 Max airliners also testified before the committee on Wednesday, Pierson, who worked as a senior manager at Boeing's Renton, Wash., factory ...

All systems go: 1st all-electric commercial seaplane takes flight in B.C. All systems go: 1st all-electric commercial seaplane takes flight in B.C.

Magnix shared a short video of the ePlane's test flight and Harbour Air CEO and founder Greg McDougall celebrated the test flight's success in a public statement. Harbour Air operates out of Vancouver Harbour, running commuter and tourist routes ...

US Fed says will focus on low inflation, global economy US Fed says will focus on low inflation, global economy

After the Fed's October policy meeting, Powell said it would take a "material" change in the economic outlook for the central bank to change rates again, language he repeated on Wednesday, but did not elaborate on. -China trade war or overseas develo...

Apple is dominating the Wearable market thanks to AirPods and Apple Watch Apple is dominating the Wearable market thanks to AirPods and Apple Watch

The wearables industry continues to grow each year, and now Apple has enjoyed a phenomenal third quarter with some of the best numbers they've ever seen. When it comes to wearables, headphones account for almost 50% of the entire market, at 40.7 mill...

Chevy Tahoe and Suburban land mid Chevy Tahoe and Suburban land mid

GM's new Chevrolet Corvette , unveiled last July, may be more exciting, but these two SUVs are far more important to the automaker's profits. The Suburban has 19% ore cargo space behind the first row. With this, the SUVs' height off the ground c...

Away CEO is stepping down in light of reports of toxic culture Away CEO is stepping down in light of reports of toxic culture

In conjunction with Haselden's departure, the company announced that chief technology officer Julie Averill and chief supply chain officer Ted Dagnese will join the senior leadership team, reporting to McDonald effective immediately. Today, Away co...

China, India Growth Forecasts Cut to Below 6% by ADB China, India Growth Forecasts Cut to Below 6% by ADB

GDP growth is expected to slow in the Pacific with activity in Fiji, the sub-region's second largest economy after Papua New Guinea, expected to be more subdued than previously anticipated. The revised forecast came after the country reported tha...

Saudi Aramco starts trading after record $25.6 billion IPO Saudi Aramco starts trading after record $25.6 billion IPO

That could make yields competitive with the likes of Exxon Mobil Corp and Royal Dutch Shell Plc, but also threatens to strain the world's largest oil producer if prices fall. Saudi Arabia listed state oil company Aramco on the stock exchange on We...

French workers need to work until age 64 to get full pension French workers need to work until age 64 to get full pension

Prime Minister Edouard Philippe praised trade unions for keeping the protests on a tight rein, minimising the violence. Since then, public transport has been the most visible face of the rejection of the reform, with severe disruption to worldwide...

Boss surprises employees with $10 million bonus at holiday party Boss surprises employees with $10 million bonus at holiday party

The bonus will be split among the employees, and the amount allocated will be based on years of service. The firm, from Maryland in the United States, said it wanted to make a "significant" impact on the lives of those responsible for its success.

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