Markets

by | December 10, 2018 | 10:28

Reports in British media say that out of the 300 plus MPs that Theresa May's party has in the UK Parliament, nearly 100 of them are against the deal she has negotiated with the EU. Former Brexit secretary Dominic Raab told Sky News's Sophy Ridge On Sunday "I've always said I wouldn't rule it out" but "it would be very self-indulgent to be engaging in all that speculation when we've got such a big issue up for decision on Tuesday".

by | December 10, 2018 | 10:13

Le Yucheng, the vice minister of foreign affairs, said Ms Meng's arrest "severely violated the Chinese citizen's legal and legitimate rights and..." The Xinhua report quoted Le as calling Meng's detention "extremely egregious" and demanded the US vacate an order for her arrest.

by | December 10, 2018 | 06:57

Musk also shrugged off that provision, saying none of his tweets have been censored so far and the company does not review his posts to determine beforehand whether they could potentially affect the company's stock price. "It was life or death", said Musk. The tide might finally be turning for Tesla investors, who have been on a choppy ride this year. Robyn Denholm, an Australian telecommunications executive, was appointed chairwoman of Tesla's board last month, replacing Musk as part of ...

by | December 10, 2018 | 06:51

That would undermine her leadership, possibly prompting Tories to force her out. Mr Barclay added that Britain would enter uncharted waters if it loses the vote, but Mrs May could stay on as prime minister. Any defeat would lead to fresh questions about Mrs May's political future. Asked by Sophy Ridge if he had leadership ambitions, former Brexit secretary Mr Raab replied: "I've always said I wouldn't rule it out".

by | December 10, 2018 | 06:41

The ride-hailing company filed the confidential paperwork on Thursday, moving in lock-step with its smaller U.S. rival Lyft which also filed for an IPO last week, according to the report. IPOs next year by Uber and Lyft would only be part of a roster of possible US tech mega-listings. Uber today is a different company than the vision its founders pitched to early investors, which helped it become the most highly valued venture-backed company in the United States.

by | December 10, 2018 | 03:19

It confirmed that improper tests were carried out on brakes, speedometers and other systems before shipment at its domestic assembly plant. He may also bee re-arrested for new charges that have not yet been made public, Japan Times reports.

by | December 10, 2018 | 02:51

Part of the reason that intelligence gathering is believed to have been the hacker's motive is that they were inside Marriott's Starwood reservation system for so long. One expert did caution that it's possible somebody else was behind the hack, because other parties had access to the same hacking tools, some of which have previously been posted online.

by | December 10, 2018 | 00:55

The former pilots, one of them a certified instructor, said the DGCA's recommendation could not be implemented as of now in India as there was neither a simulator for this variant of the 737 aircraft, nor could the set of conditions - that investigators suspect led to the Lion Air crash - be simulated on the available simulator.

by | December 09, 2018 | 23:02

The CorMedix, Inc . has the market capitalization of $188.25M. It is easy to calculate. When we divide the last trade volume by the 3-month average volume, we found out a relative volume of 1.60, the stock exchanged hands 7.55 million shares versus average trading capacity of 4.8 million shares.

by | December 09, 2018 | 20:41

Parliament. They provide a unique window into how Facebook's senior leaders privately discussed strategy and competition at a period of intense growth for the company, which has since been bogged down by numerous scandals and flatlining user numbers in key markets.

by | December 09, 2018 | 19:56

On August 7, the SEC delayed its decision until September 20. Per an official document published by the agency, the new deadline to review the VanEck proposal has been shifted to February 27, 2019, which the regulator claims would afford it the time needed to review the potential rule change further.

by | December 09, 2018 | 19:11

While it lead the country in job gains, British Columbia's unemployment rate ticked up 0.3 percentage points to 4.4% in November even with employment increasing by 0.6%. That said, the average year-over-year wage growth of permanent employees - a figure closely watched by the central bank - dropped for the sixth month in a row, falling to 1.5 percent, the lowest since the 1.2 percent seen in July 2017.

by | December 09, 2018 | 18:37

Producer club will curb output by 0.8m bpd from January. The balance will come from Russian Federation and other non-OPEC countries. It is believed that Russian Federation, a non-OPEC member was behind the deal as the country had many bilateral meetings with OPEC members.

by | December 09, 2018 | 16:53

The news, according to a New York Post/Reuters report , is the latest expansion of the concept which began with one Amazon Go store in Seattle . To shop there, you need to download a special app, which registers you as you walk in. It's unclear whether any of these airports are actively moving forward with bringing an Amazon Go to their terminals, but between the mega online store, the multiple headquarter locations, brick-and-mortar book sellers, and now, convenience stores, Amazon's growth ...

by | December 09, 2018 | 16:48

The company wasn't quite ready to reach for the 1,000-mph mark it had hoped to hit - further development was required, and it had yet to do a series of shakedown tests above 500 miles per hour. Rolls-Royce also helped with the aerodynamics, while Rolex created custom-made instruments for Bloodhound's cockpit. Bloodhound SSC's social media presence has already been taken offline.

by | December 09, 2018 | 14:34

The Dow Jones Industrial Average fell 558.72 points, or 2.24 percent, to 24,388.95, the S&P 500 lost 62.87 points, or 2.33 percent, to 2633.08 and the Nasdaq Composite dropped 219.01 points, or 3.05 percent, to 6969.25. For the week, major indexes are down more than 4 percent. The Russell 2000 index of small-company stocks gave up 26 points, or 1.8 per cent, to 1,450.

by | December 09, 2018 | 14:09

This suggestion makes sense in light of a recent National Institute of Standards and Technology study that revealed, while facial recognition algorithms across the industry have improved a lot in the past five years, not all are equally accurate.

by | December 09, 2018 | 09:27

Average hourly earnings were up by six cents in November to $27.35. The labor market is considered near or at full employment. The Fed's rate hikes could send borrowing costs higher. Employers showed growing caution last month in managing their workforce. The retail sector, which is readying for a very busy holiday season, saw surprisingly anemic employment growth.

by | December 09, 2018 | 08:22

Asked to confirm whether Beijing promised to buy American goods immediately, Gao said China will "immediately implement the consensus reached by the two sides on farm products, cars and energy". The White House on Monday had to correct a statement by economic adviser Larry Kudlow, who incorrectly told reporters in a conference call that the 90-day negotiating period between the USA and China would begin on January 1 instead of December 1.

by | December 09, 2018 | 04:24

The Treasury "yield curve" can be seen as a proxy for investor sentiment on the direction of the economy. The Big One will be when 2-year and 10-year Treasury rates swap places, and bond traders are doing their darnedest to make it happen soon, as Robert Burgess points out.