Markets

by | May 14, 2019 | 19:38

Daphne, who did not give her last name in her blog post , said she has been working as a Facebook contractor for three years, first in ad review, and now in content moderation. The company does not share the numbers of contract workers it has. In February, The Verge reported that some moderators who spend their days scrubbing these sites have suffered from depression.

by | May 14, 2019 | 16:27

The new incentive is an expansion of its Delivery Service Partner Program that allows current Amazon employees a chance to start their own small business delivery company with its backing. Amazon is trying to get away from relying on others to deliver its packages. The move is a way for Amazon is to control more of its deliveries , rather than relying on the US postal service or other carriers such as UPS.

by | May 14, 2019 | 09:38

The Dow dove 617.38 points, or 2.4%, to 25,324.99. Trump tweeted , adding that tariffs can be avoided if manufacturers shift production from China to other countries. The world's two largest economies had seemed to be on track to resolve the ongoing trade dispute that has raised prices for consumers and pinched corporate profit margins.

by | May 14, 2019 | 07:12

This is the third verdict against Monsanto in Roundup cases and the biggest so far. "By now, most Bayer executives, its board and shareholders must all be questioning the decision to acquire Monsanto and its mounting liability over its cancer-causing weedkiller", Cook said .

by | May 14, 2019 | 06:44

Tensions have risen since President Donald Trump withdrew America from the 2015 nuclear deal between Iran and world powers, and restored US sanctions that have pushed Iran's economy into crisis. Tehran said it was a deliberate attack. Araqchi also said another Iranian condition was to have full access to oil-export revenues and to spend them as it pleased, not only on food and medicine as proposed by European Union countries.

by | May 14, 2019 | 04:24

The Chinese Ministry of Finance said in a statement Monday it will be changing tariff rates on around $60 billion in U.S. products, with duties on some items now going up to 25%. Earlier in the day, Chinese Foreign Ministry spokesman Geng Shuang warned that his country "would never surrender to external pressure". But according to Holtz-Eakin, the US economy isn't as hot as it might look.

by | May 13, 2019 | 19:40

Apple shares were trading down $10 at 187.04 by midday. -China trade war, only to slump further on an unfavorable ruling by the U.S. New Justice Brett Kavanaugh joined the court's four liberals in rejecting a plea from Cupertino, California-based Apple to end the lawsuit over the 30% commission the company charges software developers whose more than 2 million apps are sold through the App Store.

by | May 13, 2019 | 14:42

USA stock futures tumbled over 300 points Monday as President Trump continued to razz the Chinese over trade. Tariffs on Chinese goods increased from 10% to 25% on Friday, making the underlying cost of those items higher for US customers.

by | May 13, 2019 | 11:09

Let off a little steam this Mother's Day with a special workout at B Active courtesy of their trainer Wendy, created to help strengthen the core and improve posture, followed by 20 percent off at Tribe to help you refuel. Sing it off: Another cool way to cheer up your mother is to going to a place where they have karaoke. If you're looking for gifts for mom online, you might get some ideas that you haven't even thought of yet.

by | May 13, 2019 | 10:49

The hike in prices came as refiners across Asia seek more Saudi crude for June and July loading after the expiration on May 2 of USA -issued waivers permitting imports of Iranian oil . Of the five supertankers that loaded Iranian crude in April for China, two have discharged, while another two are waiting off Ningbo and Zhoushan in eastern China to discharge, according to Refinitiv data and Refinitiv analyst Emma Li.

by | May 13, 2019 | 10:36

Historic toy retailer Hamleys has been sold by its Chinese owner to Indian conglomerate Reliance Industries . The company is already a master franchisee of the toy store in India , where it operates 88 outlets. It has struggled with profitably in recent years, and has changed hands several times in the past decade. Reliance Brands, a subsidiary of Reliance Industries Ltd (RIL), on Thursday said it is acquiring UK-based toymaker Hamleys from C.banner worldwide.

by | May 13, 2019 | 10:32

Following a full year of decline in 2018, business investment recovered to post a 0.5 percent increase in the first quarter of 2019. This was boosted by a 2.2 per cent rise in manufacturing, the industry's highest output since the third quarter of 1988.

by | May 13, 2019 | 10:29

A spokeswoman for the Greater Toronto Airports Authority said the plane was moving toward the gate when it struck the fuel truck on the tarmac. She said the person who remains in hospital was a passenger on the flight. The GTAA said passengers and crew were "evacuated safely" and moved into Terminal 1 following the collision. Toronto Pearson is the busiest airport in Canada and features five runways.

by | May 13, 2019 | 10:29

The lenders are offering 31.2-75 pc stake in the company on a fully diluted basis. Etihad Airways is interested in re-investing in embattled Indian carrier Jet Airways for a minority stake, subject to certain conditions, a spokesman for the Middle Eastern carrier said on Friday.

by | May 13, 2019 | 10:27

Meanwhile, Tata Steel shares tumbled 6.10 per cent to close at Rs 487.30 on the BSE, while it dropped 6.20 per cent to close at Rs 486.95 on the NSE, according to a PTI report. The Tata Steel management said it would continue with the de-consolidation of balance sheet and deleverage of debt, despite the setback. "Compared to a Dollars 1-billion target, we done much more, in fact double that in the last six months at the gross level and we will focus on internal generation and also look at ...

by | May 13, 2019 | 10:26

Enigmatic businessman and Tesla CEO Elon Musk faced massive backlash in September after calling British cave explorer Vernon Unsworth a "pedo guy" on his Twitter account, which now has 26.4 million followers . But the good news story was somewhat tainted after it became overshadowed by some tweets from Elon Musk calling one of the divers " pedo guy ". Unsworth has denied those allegations.

by | May 13, 2019 | 10:25

The London-area jobless rate dropped in April, but so did the number of people in the labour force. "It does augur well for economic growth", Ms. Desjardins added, noting that the strong job market will fuel consumer activity in the coming months.

by | May 13, 2019 | 10:04

Symantec Corporation Greg Hill has resigned as CEO and President of the company after disappointing fourth-quarter earnings. The company's new leadership is already attempting damage control. Hill said that last October, he began to work as an adviser to Clark as well as Symantec's board. Symantec also named Vincent Pilette, formerly with Logitech International, as its new chief financial officer, replacing Nicholas Noviello, whose departure was announced in January.

by | May 13, 2019 | 10:04

But what strikes me more is the the blending of brewing styles. It also looks like Dogfish Head fans need not worry about the brand suffering any local fallout. Koch founded his company in 1984, and since then it has grown to include brands such as Angry Orchard Hard Cider, Twisted Tea and Truly Hard Seltzer.

by | May 13, 2019 | 09:58

They didn't specify what the commitments were. The U.S. government has filed plans to raise tariffs on $200 billion worth of Chinese imports from 10% to 25%. So the tariffs won't start taking affect until those shipments complete the three- to four-week voyage across the Pacific Ocean. Liu said that the fact that he came this time despite the pressure indicates the utmost sincerity of the Chinese side.