Saturday March 28-th, 2020

Fraught Gas Talks Between Russia, Ukraine, EU To Resume In Berlin Fraught Gas Talks Between Russia, Ukraine, EU To Resume In Berlin

The talks aim to reach a new contract before the current 10-year deal between Moscow and Kyiv expires on January 1. The CEO of Ukraine's state-owned oil and gas firm Naftogaz, Andriy Kobolyev, has said the sides will "likely" fail to sign a new...

Daimler, BMW exiting North American car-sharing market, cutting in Europe Daimler, BMW exiting North American car-sharing market, cutting in Europe

That also marks the company's last day of service in Vancouver. The number of customers in London and their demand for our auto sharing service was below our expectations and lower than in other SHARE NOW cities. In October, the companies ended o...

Ford to invest $1.45 billion in 2 Detroit plants, add 3,000 jobs Ford to invest $1.45 billion in 2 Detroit plants, add 3,000 jobs

In addition to Wayne, Ford will invest $ 700 million at the Dearborn plant and add 300 jobs to support the production of the all-new Ford F-150, F-150 hybrid and all-electric F-150. Ford will also create a new operation in Dearborn here battery cel...

Uber to pay $4.4M to end federal sex harassment probe Uber to pay $4.4M to end federal sex harassment probe

In a Wednesday press release , the EEOC announced that the settlement ended an extensive investigation where the agency determined that Uber 'permitted a culture of sexual harassment and retaliation against individuals who complained about such ha...

West Town Mall extends hours before Christmas West Town Mall extends hours before Christmas

The Anna Maria Island Trolley and Longboat Key Shuttle will stop running at 7 p.m. on Christmas Eve.There will be no fixed route, Handy Bus or Longboat Key Shuttle services on Christmas Day or New Year's Day. Exel Chemist on High Street in Normanton ...

Court orders Volkswagen to pay record $125 million in penalties Court orders Volkswagen to pay record $125 million in penalties

It said Volkswagen admitted that when switched to "Mode 1" for the purposes of emissions testing, the software caused its vehicles to produce lower nitrogen oxide (NOx) emissions, but that when driven in on-road conditions, the vehicles switched ...

British auto production sees double-digit fall in November

According to the latest figures from the SMMT overall commercial vehicle manufacturing is down 9.3% in the 11 months of 2019 compared to the same 11 month period in 2018. SMMT chief executive Mike Hawes said: "It has been a turbulent year in the comm...

RBI's auction of govt bonds will be liquidity neutral: DBS RBI's auction of govt bonds will be liquidity neutral: DBS

There were hopes that the Indian central bank might resort to measures like "Operation Twist" to ease the long-term rates. The central bank said it had chose to conduct the special OMO after reviewing the liquidity and market situation and assessin...

NY Fed's Williams says economy, monetary policy in a good place NY Fed's Williams says economy, monetary policy in a good place

The dollar was 0.34% higher against the pound GBP= at $1.308, which has lost all its election gains on fears Britain could leave the European Union without a trade deal. The U.S. House of Representatives is set to take a momentous and deeply polarizi...

Britain’s highest-paid boss takes £57 million pay rise Britain’s highest-paid boss takes £57 million pay rise

She was paid a basic salary of £277 million (RM1.5 billion) in the group's financial year to March, the company's annual report showed. It also strengthens her status as Britain's richest woman, adding to a fortune already among the world's 500 lar...

Pelosi invites Trump to deliver State of Union on February 4 Pelosi invites Trump to deliver State of Union on February 4

In the coming days, the House must also name impeachment managers for the Senate's trial, another step Pelosi was not ready to make Wednesday night. While Pelosi's comments create a new level of confusion to the impeachment procedure and timeline, ...

Uber suffers fresh legal setback in Germany Uber suffers fresh legal setback in Germany

Uber follows a different business model in Germany . In 2017, Europe's top court ruled that Uber was a transport company rather than just an "information society service", because the company decided the fares passengers were charged. "From a pa...

Watch Cruise Ships Collide In Mexico Watch Cruise Ships Collide In Mexico

Two Carnival Corp cruise ships collided on Friday in the port of Mexico's Caribbean resort of Cozumel, the luxury cruise operator said, crushing the stern of a 952-foot-long (290-meter) vessel and leaving passengers stunned at the loud impact.

Trump administration proposes allowing imports of certain drugs from Canada Trump administration proposes allowing imports of certain drugs from Canada

Once the rule is in place states would then have to draft their plans and imported drugs would need to get FDA labels and have to be tested for safety, Politico reports. Chamber of Commerce likened it to importing "socialized price controls". T...

Andrew Bailey selected as next Bank of England chief Andrew Bailey selected as next Bank of England chief

The newspaper also reported that the appointment of the new governor was complicated by Brexit and the change of leadership in the country. A spokesman for Britain's finance ministry declined to comment on the report. BoE data also showed that th...

Canada's inflation rises 2.2 pct in November Canada's inflation rises 2.2 pct in November

CPI common, which the central bank says is the best gauge of the economy's underperformance, was at 1.9%, while CPI median, which shows the median inflation rate across CPI components, was at 2.4%. With inflation ticking up, "the Bank of Canada will ...

BOJ stands pat on monetary policy despite downturn after tax hike BOJ stands pat on monetary policy despite downturn after tax hike

The sentiment index stood at zero in the reporting period, dropping from a previous reading of plus 5 in September, the BOJ's survey showed, coming in well below median market expectations for a reading of plus 3. That wave has largely come to an e...

Provincial finance ministers divided on top priority for meeting with Morneau Provincial finance ministers divided on top priority for meeting with Morneau

Figures released Monday showed the federal deficit is slated to hit $26.6 billion this fiscal year, up from last spring's projection of $19.8 billion. "If the federal government can't offer much more on the fiscal front, the onus will fall more heavi...

Top Republican Mitch McConnell slams 'partisan rage' of Democratic-led impeachment

The votes came down largely along party lines with only two Democrats voting against the abuse of power article, and three Democrats against obstruction of Congress charge. As for what the Senate would do, he said, "It could not be clearer which ou...

Russian motorist converts his vehicle to look like a Tesla Cybertruck Russian motorist converts his vehicle to look like a Tesla Cybertruck

The company could integrate side mirror cameras (if there aren't any), smaller tires, headlight clusters, and windshield wipers. Photo: Getty Images/Frederic J. It all starts with the rigid metal sheet that Tesla uses on the hood of the Cybertruck,...

Jaguar Land Rover buys off-road specialist Bowler! Jaguar Land Rover buys off-road specialist Bowler!

Micahel van der Sande, head of JLR SVO, said: "For nearly 25 years the Bowler name has stood for innovation and success, with a reputation forged by its participation in the world's toughest off-road motorsport competitions". The day-to-day staff o...

‘Please catch up’: J.K. Rowling criticized as transphobic over tweet ‘Please catch up’: J.K. Rowling criticized as transphobic over tweet

You think when author J.K. Rowling heard the line "you either die a hero, or you live long enough to see yourself become the villain", she put that quote on her dream board? Trigger warning for the details of the case to which J.K. JK Rowling ha...

Euro zone bond yields jump as Sweden ditches negative interest rates Euro zone bond yields jump as Sweden ditches negative interest rates

All but one analyst in a Reuters poll had predicted a rate hike. However, the Riksbank is anxious that negative rates are damaging the economy in other ways, boosting asset prices and debt and increasing the risk for a financial crisis. Low rates, ...

China Exempts More U.S. Goods from Tariffs after Trade Deal China Exempts More U.S. Goods from Tariffs after Trade Deal

China has published on Thursday another list of USA goods to be exempted from the additional tariffs on US goods. China announced earlier this month that it will offer a tariff waiver to "some" imports of major products United States soybean and ...

Cyrus Mistry's ouster was a vindictive act of one person: Nusli Wadia Cyrus Mistry's ouster was a vindictive act of one person: Nusli Wadia

Him being reinstated to his earlier position is being seen as a big win for Mistry, who was ousted from his office in 2016. He had taken over as the chairman in 2012 after Ratan Tata announced his retirement. He holds a Bachelor of Commerce from M...

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