Markets

by | March 27, 2019 | 03:28

The deal is still subject to regulatory approval, however, so isn't expected to officially close until early 2020. "Careem has played a key role in shaping the future of urban mobility across the Middle East, becoming one of the most successful start-ups in the region".

by | March 25, 2019 | 23:13

One passenger, called Son Tran, tweeted BA to ask: 'Can you please explain how can my morning flight taking off from LCY to Düsseldorf land in Edinburgh? The airline said Monday the problem started when an incorrect flight plan was filed by WDL Aviation, which operated the flight on behalf of British Airways.

by | March 25, 2019 | 22:58

I'm not an iPhone user, but Apple's new Apple Card , announced today, could potentially make me one (if I could put up with all their walled gardens of course). And when you purchase things directly from Apple, you get 3% daily cash on your spending. Could inspire a new MacBook look. Apple Card helping you keep interest rates low.

by | March 25, 2019 | 22:06

To Republicans, it was a victory 675 days in the making, with Sarah Sanders, the president's press secretary, calling the report a total "exoneration" of the president and Trump's allies chiding Democrats for overstating the case for collusion.

by | March 25, 2019 | 18:25

Lower production in Venezuela in 2018 meant lower purchase, and Reuters said ship tracking data showed RIL's average purchases from Venezuela were less than 3,00,000 bpd in 2018 and in the first two months of the fiscal. The Reliance statement came a day after Reuters reported that the conglomerate was selling fuels to Venezuela from India and Europe to sidestep sanctions that bar US -based companies from dealing with state-run PDVSA , according to trading sources and Refinitiv Eikon ...

by | March 25, 2019 | 13:08

Naresh Goyal would also cease to be the chairman, the filing said. Shares of Jet Airways jumped over 15 percent after media report claiming Goyal has agreed to reduce his stake. Finance Ministry sources in New Delhi said on Friday that the lenders of Jet Airways are in the process of securing "substantial stake" in the ailing airline to try and revive it to a manageable state, before selling it to new promoters.

by | March 25, 2019 | 11:26

NASDAQ did score the IPO of ride hailing firm Lyft Inc, which could reach or exceed a $23 billion valuation when it prices its shares March 28. The final size will change. The filing confirms that Pinterest will debut with the same dual-class stock structure as Snap before it and Lyft, which is now pursuing its own IPO.

by | March 25, 2019 | 06:32

Current promoters of Jet Airways have to exit before a new investor can be roped in. Pilots of India's private airline "Jet Airways" have written a letter to Prime Minister Narendra Modi and Civil Aviation Minister Suresh Prabhu, urging them to instruct their company's management to give them their pending salaries.

by | March 25, 2019 | 04:11

Trump has been harshly critical of the Fed's rate increases even after the central bank announced this week that it foresees no hikes this year. "The U.S. Trump remarked to Kudlow that he should have appointed Moore to be Fed chairman, the people said and directed Kudlow to call Moore and gauge his interest in a board seat.

by | March 25, 2019 | 04:11

Legal experts have said the SEC could pursue multiple avenues, including a higher fine, imposing further restrictions on Musk's activities or removing him from Tesla's board or helm. Butswinkas had only been on the job for about two months. In its most recent filing , the SEC faulted Musk for failing to get any of his tweets pre-approved since that policy took effect in December.

by | March 24, 2019 | 21:26

They are considered the world's safest securities because they are backed by the full faith and credit of the USA government. On Friday, disappointing data from the German manufacturing sector reinforced concerns about euro-area growth, driving investors into haven assets globally.

by | March 24, 2019 | 19:27

The bleak data comes as the U.S. Federal Reserve this week abandoned its projections for a rate hike this year and Brexit uncertainty has grown, bolstering demand for safe-haven assets. European stock markets fell back on Friday after downbeat manufacturing data from Germany reignited fears of a recession in the region's biggest economy, erasing early gains on relief at the extension of Britain's Brexit deadline.

by | March 24, 2019 | 14:27

The company says the investment in its Orion Township, Michigan plant will enable the factory to manufacture a Chevrolet vehicle based on the battery-powered Bolt. Indeed, GM has said it planned to build more vehicles off the underpinnings of the Bolt, which can go an estimated 238 miles on a single electric charge.

by | March 24, 2019 | 14:12

Australian Brenton Tarrant , 28, a suspected white supremacist, has been charged with one murder following the attack and is likely to face more charges. Representatives from the OIC, which groups Muslim countries, said in a statement that "genuine, comprehensive and systematic measures" were needed to tackle the "affliction" of Islamophobia .

by | March 24, 2019 | 10:25

Levi's revenue rose 14 percent to $5.6 billion in 2018, the bulk of which came from men's denim. The money it's raising in its return to the public markets is part of the 166-year-old company's plans to expand . Jeans sales appear to be on an upswing in the US, increasing 2.2 per cent to $16.7 billion last year after four straight years of declines, according to data from Euromonitor.

by | March 24, 2019 | 09:38

That could make a lot of sense for the streaming giant, which brought its service to India in 2016 , and was soon followed by Amazon's Prime Video . However, even the trial mobile plan is pricier than rival video streaming services in the country. "Not everyone will see these options and we may never roll out these specific plans beyond the tests".

by | March 24, 2019 | 05:37

Those who purchase winning jackpot tickets in Pennsylvania must claim their prizes in person at Pennsylvania Lottery headquarters. The drawing scheduled for Saturday, March 23 could produce the first victor of 2019. Deadline is 7:08 p.m. that day. On May 18, Little Ferry resident Tayeb Souami won the $315.3 million prize with a ticket he bought at ShopRite in Hackensack.

by | March 23, 2019 | 22:30

AB, the suit said, knew full well that many consumers don't like high-fructose corn syrup and knew that "consumers do not understand the difference between ordinary corn syrup (used by numerous brewers, including AB itself) and high fructose corn syrup, the controversial sweetener commonly used in soft drinks".

by | March 23, 2019 | 19:25

According to the FDA , "The recall was expanded after the FDA requested that Hill's test samples of foods it had produced that were not part of the original recall". But, it added, "our review did determine that there were additional products affected by that vitamin premix, and it is for that reason that we are expanding the recall".

by | March 23, 2019 | 18:56

Cao now works at XMotors, Xiaopeng's United States subsidiary. The Silicon Valley automaker said that the four former employees stole " proprietary information and trade secrets to help Zoox leapfrog past years of work needed to develop and run its own warehousing, logistics, and inventory control operations".