Markets

by | December 12, 2018 | 16:38

The latest rejections were announced by Japan's three main telecoms operators, SoftBank Group, NTT Docomo, and KDDI, according to a December 10 article by Japanese media Nikkei. Huawei has said Beijing has no influence over it. Japan's decision to keep it out would be another setback for Huawei, whose chief financial officer was recently arrested by Canadian officials for extradition to the United States .

by | December 12, 2018 | 16:41

Any issue, no matter how contentious, can be resolved through discussion, Reserve Bank of India ( RBI ) Governor Shaktikanta Das said Wednesday. Das will have a three-year term, an official order said. It is facing several challenges that need to be dealt with. Patel's departure came weeks after differences between the Modi government and the RBI became public.

by | December 12, 2018 | 15:09

Crude futures have lost around a third of their value since early October amid the financial market slump and an emerging oil supply overhang. The agreement to cut crude supplies by 1.2 million barrels a day, was in the middle of the range of expectations from the beginning of last week.

by | December 12, 2018 | 14:04

The Australian Competition and Consumer Commission ( ACCC) said in a preliminary report on the US firms' market power that extra oversight was justified to ensure advertisers were treated fairly and the public access to news was unfettered.

by | December 11, 2018 | 20:27

Pichai is set to testify on Tuesday before a House Judiciary Committee hearing about the company's data collection, search business and a range of other issues. Google's CEO faces a grilling from USA lawmakers on how the web search giant handled an alarming data breach and whether it may bend to Chinese government censorship demands.

by | December 11, 2018 | 17:27

The Owingsville, KY-based CTI Foods produced the ready-to-eat (RTE) sausage links on August 4, according to a recall notice posted by the USDA's Food Safety and Inspection Service (FSIS). FSIS is concerned that some product may be in consumers' freezers. There have been no confirmed reports of adverse reactions due to consumption of these products.

by | December 11, 2018 | 15:42

May will hold a meeting of her cabinet on Wednesday afternoon. Mr Gove confirmed that Mrs May was trying to get a better deal in Brussels: "If there is more that can be secured then there's no one better placed to get the concessions", he told the BBC's Today Programme.

by | December 11, 2018 | 15:11

French authorities said on Sunday they had arrested more than 1,700 people amid nationwide " yellow vest " anti-government protests the day before that caused widespread damage, particularly in the capital, Paris. Parts of Paris were placed in lockdown, with tourist attractions including the Eiffel Tower and the Louvre closed and shops along the Champs-Elysees boarded up.

by | December 11, 2018 | 13:56

The prime minister said she would instead return to European Union member states to seek assurances on the backstop, and ways to "empower" the Commons to give further assurances. May could also face a push by the Labour opposition to topple the government. The Prime Minister will have breakfast in the Netherlands this morning before going on to meet German Chancellor Angela Merkel in Berlin .

by | December 11, 2018 | 07:24

Sterling sank to its lowest level against the dollar since April 2017 as May announced the delay, falling by nearly two cents to $1.2608. The pound against the dollar ( GBPUSD=X ) and euro ( GBPEUR=X ) is tumbling on reports that the United Kingdom parliament vote, scheduled for tomorrow, has been called off.

by | December 11, 2018 | 05:13

May spoke at the weekend to Tusk, German Chancellor Angela Merkel and Irish Prime Minister Leo Varadkar, raising speculation they offered some hope of further concessions. British Prime Minister Theresa May copes with the stress of the Brexit negotiations by eating peanut butter straight out of the jar, according to reports.

by | December 10, 2018 | 23:21

He said that the protests by mostly low-income people in rural France were the result of long-term problems. "I ask the government and parliament to do what is necessary". On Monday, he said they'll knock about 0.1 percentage points off growth this quarter.The sudden slowdown is another warning sign for the European Central Bank when it meets Thursday to discuss new economic projections and how it will begin to withdraw stimulus.

by | December 10, 2018 | 21:39

Some 125,000 yellow vests took to the streets Saturday around France with a bevy of sometimes contradictory or incoherent demands related to high living costs and a sense that Macron favours the elite and is trying to modernize the French economy too fast.

by | December 10, 2018 | 19:47

Morningstar Inc. analyst Abhinav Davuluri said Monday's ruling represents "another small piece" of the tit-for-tat between the two companies. The court granted Qualcomm's request for preliminary injunctions against the Apple subsidiaries related to two of the chipmaker's patents, according to the statement.

by | December 10, 2018 | 18:04

The man quickly leans over and steals the purse sitting next to her on the seat. The man could be seen in the video sneaking up behind the woman and grabbing her purse before making a dash for the door. The suspect entered the McDonald's and snatched the woman's purse from behind before running out of the restaurant. The thief, who police have named as Charles Alton Stratton Jr., closes the door and speeds off, leaving the badly injured senior on the ground in the parking lot.

by | December 10, 2018 | 16:15

Oxford-trained Patel, who has tried to stay away from the spotlight, was initially seen playing along with Prime Minister Narendra Modi after he backed a ban on high-value currency notes in November 2016. The Modi government has stacked the RBI's 18-member board with its own nominees, in what critics say is a move to exert greater control over the central bank's regulatory powers.

by | December 10, 2018 | 13:08

They are charged with violating the Financial Instruments and Exchange Law over allegations that Ghosn , a former Nissan chairman, under-reported his executive remuneration over a five-year period in the automaker's annual securities reports.

by | December 10, 2018 | 11:13

The Tesla CEO went on to say that the next step towards full self-driving capability involved the ability to successfully navigate roundabouts, intersections and traffic lights - and that once the Autopilot software can do this safely, Tesla cars will be able to drive commuters to work without the need for human input.

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.