Markets

by | August 03, 2019 | 10:11

Majestic Wine has agreed a "major milestone" deal to sell its Majestic retail and commercial businesses as part of the retailer's plan to focus on driving growth in Naked Wines . Another deal to sell freehold property owned by the firm is expected to raise a further £5million, subject to a planning application being approved.

by | August 03, 2019 | 07:24

Audi's smaller battery pack and lower power e-tron 50 quattro should offer more fleet appeal for the company's first pure-electric vehicle. Set to be badged the "e-tron 50 Quattro", this new model has a smaller electric motor and batteries next to its more expensive sibling, which costs from £71,560.

by | August 03, 2019 | 06:26

The sandwich, which features cookies as "buns", contains bits of candied hot dog meat and spicy mustard ice cream . "Because a hot dog for dinner should be chased by a hot dog for dessert", the company joked. But this War on Ice Cream was a two-pronged attack. Say hello to the Oscar Mayer Ice Dog Sandwich - flavored ice cream, made with our better hot dogs, sandwiched with spicy mustard.

by | August 03, 2019 | 06:24

The timing of the new tariffs is rough for Apple. Brace for impact: higher prices could be around the corner after a new set of tariffs on China. Products that will be impacted range from smart phones, Apple IPhones, computers, and baby products.

by | August 03, 2019 | 01:35

He's accused those countries of manipulating their currencies - including via lower interest rates - in a bid to grab export markets. US President Donald Trump: "As usual Powell let us down". The yen rose the most in two months versus the dollar, while crude oil slumped 8%. Ultra-low inflation can slow growth by causing consumers to postpone purchases, which, in turn, slows consumer spending, the economy's main fuel.

by | August 02, 2019 | 22:25

Bakkt initially meant to have the Commodity Futures Trading Commission ( CFTC ), which oversees derivative products in the US, approve its futures contracts , but ultimately self-certified. The company, in the absence of any communication on the approval or rejection of the DCO application, apparently assumed that their application had been accepted.

by | August 02, 2019 | 21:55

By 10:52 a.m. EDT (1438 GMT), U.S. crude was up 1%, or 53 cents, at $58.59 a barrel, while Brent crude rose 49 cents to $65.21 a barrel. Central bankers in the U.S. A rising dollar makes oil more expensive for holders of other currencies and tends to weigh on commodities priced in the United States currency. But rising supplies from non-aligned producers including the United States have offset the OPEC+ efforts.

by | August 02, 2019 | 20:02

Red Hat OpenShift on IBM Z and LinuxONE: IBM will bring Red Hat OpenShift to their enterprise systems, IBM Z and LinuxONE, which collectively power more than 30 billion transactions a day globally. "This includes everything from application development to data and AI, to multicloud management, to integration, to automation", Hillery Hunter, IBM Cloud CTO, said in a post .

by | August 02, 2019 | 17:39

Federal Reserve officials voted Wednesday to cut their benchmark interest rat a quarter percentage point, citing the global slowdown as well as concerns over weak inflation. Notable job gains occurred in professional and technical services, health care, social assistance, and financial activities. But retail payrolls dropped by 3,600 jobs, declining for a sixth straight month.

by | August 02, 2019 | 17:27

Many stayed despite pouring rain, handing out fliers for a planned general strike on Monday. Chan's small independence party was outlawed past year on the grounds it posed a national security threat , the first such ban since the former British colony returned to Chinese rule in 1997.

by | August 02, 2019 | 17:27

Gizmodo reports that it's now unclear what Bezos plans to do with the money, but Bezos told Business Insider in 2018 that he regularly sells $1 billion in shares a year to fund Blue Origin , a spaceflight company he calls "the most important work I'm doing".

by | August 02, 2019 | 16:11

Central banks bought a total of 374.1 tonnes of gold during the half - the largest increase for this period - driven largely by purchases made over the second quarter, according to the latest data from the World Gold Council. Analysts say that scrap gold supplies in India could increase 15% in 2019 to around 100 tonnes as the rally in domestic gold prices prompt consumers to sell old jewellery.

by | August 02, 2019 | 14:42

The company also plans to reduce plastic packaging, where possible. In 2009, its stores moved to a pay-for-a-bag approach and a company spokesperson told CBC News the company has eliminated almost 12 billion plastic bags from its stores. Bossie, Big Y Senior Vice President of Operations and Customer Experience. In coastal regions, plastic bags create a major environmental problem, he said, where they persist for a long time and harm wildlife.

by | August 02, 2019 | 14:36

Lastly, the hacker gained access to the approximately 1 million Canadian Social Insurance Numbers, 140,000 American Social Security numbers, and 80,000 bank account numbers linked to credit card customers. "You would think when you're dealing with sensitive data like credit card information, you would give it the highest level of protection", Cavoukian said.

by | August 02, 2019 | 01:38

The president said China made a decision to renegotiate the deal before signing, and had agreed to buy more agricultural products from the USA - but has not yet done so. Bond prices jumped as traders sought safety. But Trump showed little sign of giving in even with USA markets plunging. "If they don't want to trade with us anymore, that would be fine by me", he told reporters as he left for a campaign rally in Cincinnati Thursday.

by | August 02, 2019 | 01:05

In the earnings report after markets closed on Tuesday, Apple said services revenue rose 12.6% to $11.5 billion in the three months to June, offsetting a 12% fall in global iPhone sales to just under $26 billion. Apple Pay has now fully covered the European Union and enjoyed in a total of 47 markets, he said, adding that Apple Pay also launched the payment card for China's Didi, the world's largest ride-hailing provider.

by | August 01, 2019 | 22:23

America's leading mustard brand, French's, has collaborated with trendy California-based ice cream company Coolhaus to create mustard-flavored ice cream. French's says they're planning to serve the ice cream treat with a pretzel cookie, maximizing on the "sweet-and-savory" cravings. On August 3, the trucks will move to yet-to-be-determined locations in the Hamptons.

by | August 01, 2019 | 22:15

The U.S. Department of Agriculture confirmed a small sale of soybeans to China on Thursday, the first in more than a year. President Trump announced in a tweet Thursday that the U.S.is putting a 10% tariff on an additional $300 billion worth of Chinese goods starting September 1, another indication that a resolution to the ongoing trade war between the two countries is anything but imminent.

by | August 01, 2019 | 21:50

The S&P 500 fell 32.80 points, or 1.09 percent, to 2,980.38. The Nasdaq Composite Index increased 14.27 points, or 0.17 percent, to 8,287.89. Apple reported Tuesday evening earnings per share and revenue for the previous quarter that topped analyst expectations, sending the stock up 2% on Wednesday.

by | August 01, 2019 | 20:23

However, BL and AL may never manifest, leaving only NL; Never Libra. In its report for Q2 this year, Facebook admits that it can not guarantee the actual release of Libra coin or any products or services related to it in the near future.