Saturday July 4-th, 2020

Third milk product is pulled from shelves amid E. coli fears Third milk product is pulled from shelves amid E. coli fears

They were manufactured at Lion's Penrith dairy plant in NSW, and were distributed for sale through Coles, Woolworths and IGA stores. For more information call the food recall hotline on 1800 709 993. "Consumers and customers can be assured that we ...

Air Italy to cease operations on February 25 Air Italy to cease operations on February 25

Alisarda , the forerunner of Meridiana and Air Italy , was founded by the Aga Khan in 1963 as an air taxi and charter company to serve the exclusive Costa Smeralda coastal region of Sardinia. The first sign of trouble appeared when Air Italy c...

India's top court orders telecoms to 'immediately' pay dues India's top court orders telecoms to 'immediately' pay dues

A bench headed by Justice Arun Mishra asked the Department of Telecommunications (DoT) to explain why it did not take action against telcos for failing to pay the dues. During the hearing, Bharti Airtel escaped itself from the wrath of SC by pled...

Ford India rolls out FordPass connectivity suite

The BS6-compliant EcoSport will be the first to get Ford Pass . For their latest initiative is all set to offer the full range Ford cars in India with a range of connected vehicle features. This section also has a how-to-videos category that can s...

U.S. expects that OPEC will continue to cut oil production in 2020 U.S. expects that OPEC will continue to cut oil production in 2020

Those disruptions are expected to hit economic output and China has been a major source of growth in demand for oil in recent years. Lower-than-expected oil consumption in the OECD trimmed 2019 oil demand growth to 885,000 bpd. USA crude futures ha...

American, United Push Back 737 MAX Return Amid New Approval Delays American, United Push Back 737 MAX Return Amid New Approval Delays

United Airlines won't restart flights using the Boeing 737 MAX, pictured here, until at least September 2020. Days after an Ethiopian Airlines 737 MAX crashed last March, killing all 157 occupants, the Boeing model was grounded worldwide.

What It Means For Major Carbon Emitters To Go 'Carbon Neutral' What It Means For Major Carbon Emitters To Go 'Carbon Neutral'

Aviation accounts for about 2% of global carbon emissions, but those emissions are rising with the growth in air travel. Bastian is an advocate of air travel as a way to connect people and economies across the globe but has been vocal about the ind...

Kraft Heinz misses sales expectations as demand for bacon, cheese falls Kraft Heinz misses sales expectations as demand for bacon, cheese falls

Kraft Heinz took a $453 million charge in the fourth quarter ended December 28 due to lower goodwill in businesses in Australia, New Zealand and Latin America. Kraft Heinz also lowered the value of its Maxwell House brand by approximately $213 millio...

Tesla prices second stock offering at $767 apiece Tesla prices second stock offering at $767 apiece

Tesla warned in the filing that its shares have gone as high as $968.99 per share to as a low of $176.99 during the past 52 weeks. "We'd prefer that to annual capital raises as the company has done via convertible debt or equity", analyst David Whis...

Owner of Lexington Herald-Leader files for bankruptcy protection Owner of Lexington Herald-Leader files for bankruptcy protection

It also paid off about $153.5 million in debt in the same period. "Publicly available information regarding the 2018 Transaction raises serious concerns about whether fraudulent transfers may have occurred, or whether CAM's (Chatham's) claims sho...

European Union open to 'unique' trade deal with post-Brexit UK European Union open to 'unique' trade deal with post-Brexit UK

The remarks on London's influential finance industry come one week after Catherine McGuinness, policy chair of the City of London Corporation, declared she was hopeful that a financial services deal can be reached with Brussels by the end of 2020...

German economy stagnated in fourth quarter German economy stagnated in fourth quarter

Both the German and eurozone figures were the weakest since 2013, when the region was suffering from a debt crisis that almost spelled the end of the euro currency. -China conflict over trade have been one headwind, as businesses wonder if new tariff...

Court halts Pentagon cloud contract work with Microsoft Court halts Pentagon cloud contract work with Microsoft

The US president has often attacked Amazon and boss Jeff Bezos , who also owns the Washington Post newspaper. The company is also looking to question the former and current secretaries of defense and other officials. An earlier court filing by A...

COVID-19 causing first drop in oil use in decade: IEA COVID-19 causing first drop in oil use in decade: IEA

The intergovernmental body known as the IEA expects demand to drop by 435,000 barrels per day in the first quarter of 2020 compared to a year before because of disruptions from the virus, which causes a disease recently given the name COVID-19.

IBM adopts 'Slack' for its 3,50000 employees IBM adopts 'Slack' for its 3,50000 employees

It is now being reported that one of the world's biggest IT companies, IBM (International Business Machines) is adopting Slack as the prime collaboration software for its 3,50,000 strong workforce. In fact, it is reported in the report that Sla...

Dominic Cummings expert reveals the power struggle behind Sajid Javid's resignation Dominic Cummings expert reveals the power struggle behind Sajid Javid's resignation

The Prime Minister's decision to give Number 10 more oversight over the Treasury has been defended by Communities Secretary Robert Jenrick. According to reports, the move marked the climax in a power-struggle between Javid and Boris Johnson's ch...

Lyft posts USD2.6B 2019 loss, keeps Q4 2021 profit forecast Lyft posts USD2.6B 2019 loss, keeps Q4 2021 profit forecast

So, Lyft conquer expectations concerning expansion, consumer count and wellness and for losses that are adjusted. Lyft shared dropped 5.7% in after-hours trading, to $50.86 a share. The ride-hailing industry is expected to grow to almost $300 b...

China’s NHC reports 5,090 new coronavirus cases for Thursday China’s NHC reports 5,090 new coronavirus cases for Thursday

The death toll from the virus in Hubei province also jumped by a record 242 fatalities on Thursday, more than doubling the previous record number of 103 deaths set on Monday. Almost 64,000 people are now recorded as having been made ill by the vi...

RBNZ keeps official cash rate at 1% RBNZ keeps official cash rate at 1%

The statement issued after the bank's monetary policy committee's decision described the coronavirus outbreak as "an emerging downside risk". He says there are early signs the rate of infection is slowing - which is encouraging for the Reserve B...

China's coronavirus death toll nears 1,500 China's coronavirus death toll nears 1,500

The Chinese province at the epicenter of the coronavirus outbreak reported a record rise in the death toll on February 13 under a new diagnostic method, and Beijing sacked two top provincial officials after criticism of their handling of the crisis...

Google takes on EU in court over record antitrust fines Google takes on EU in court over record antitrust fines

Google is taking on European Union over antitrust fines at Europe's second-highest court in a landmark case that would determine how EU enforcers treat the USA tech giant over issues of abuse of market power. "The decision's case is, at its core, tha...

Apple, Google, Amazon and Microsoft have a new 'fan', it's Donald Trump Apple, Google, Amazon and Microsoft have a new 'fan', it's Donald Trump

Trump showed a sheet of paper with the MAGA letters representing the four top tech companies, joking with Fox News correspondent John Roberts that he should report that on the network. This means 401ks, it means tasks. In the trillion dollar club, ...

Hyundai to co-develop EV platform with Canoo Hyundai to co-develop EV platform with Canoo

In the future, Hyundai Motor Group expects that the skateboard design will make for a simplied and standardized development process for Hyundai and Kia's electrified vehicle lineup. We already saw the Canoo skateboard and its first electric veh...

Jeff Bezos unloads $4b of Amazon stock in a week Jeff Bezos unloads $4b of Amazon stock in a week

The pre-arranged sales represent about 3% of the Amazon chief's holdings. A spokesman for Amazon said in a statement to The Verge that the company is "nothing more important than the safety of its employees". He was seen walking through the pre...

Airbus reports 2019 net loss of 1.36 bn euros Airbus reports 2019 net loss of 1.36 bn euros

CEO Guillaume Faury called it "a strong underlying financial performance" while acknowledging that "of course we can not be satisfied" with the net loss . The long-delayed A-400M programme delivered 14 planes in 2019, on schedule, but is now hampere...

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