Markets

by | August 12, 2019 | 20:22

Tretyakov said was driving at around 100 km (62 miles) per hour - the speed limit - when the auto crashed on its left side into the stationary tow truck that he had not noticed. A similar event occurred in March, when a 50-year-old man in Florida crashed into a semitrailer while driving his Tesla, with federal investigators saying that the vehicle was on autopilot .

by | August 12, 2019 | 16:30

Hong Kong's mass demonstrations and unrest show no sign of abating, more than two months after they were sparked by a controversial extradition bill . "Hong Kong has reached an inflection point where all those who are concerned about Hong Kong's future must say "no" to lawbreakers and "no" to those engaged in violence".

by | August 12, 2019 | 14:48

Protesters raised the old British colonial flag in the Hong Kong legislative chamber on the 22nd anniversary of the territory's return to Chinese rule as part of the protests . It has struggled to find middle ground after one of its pilots was arrested for rioting over his alleged participation in a Hong Kong protest. A number of people, including a police officer, were injured in the clashes.

by | August 12, 2019 | 10:56

Similar to the hard choice the post-Brexit UK has to make, siding with the USA or siding with China, when it comes to how to deal with Huawei , India is also caught in the cross fire of the trade war , and its situation is arguably trickier.

by | August 12, 2019 | 10:27

Besides, the company is also speculated to launch the Jio GigaFiber broadband service . Just like its mobile telephony service, it is expected that Jio's new foray into the cable TV and broadband segments might also act as a market disruptor with cheap pricing plans.

by | August 12, 2019 | 05:50

The tension melted over globally, prompting central banks in India, Thailand and New Zealand - in rapid succession - to cut interest rates more deeply than expected. Crude has fallen about 7% this month as growing fears that the trade spat will expand into a currency war overshadow the risk of supply disruptions in the Middle East.

by | August 12, 2019 | 04:24

United States-based banking giant, Chase Bank, recently chose to forgive outstanding Canadian debt for two if its credit cards. "I'm honestly still so ... Chase has not disclosed when they chose to wipe the debt or how many customers will be affected. "When I got the card, I was a little extra hungry on buying things online".

by | August 12, 2019 | 01:54

Almost 1 million customers in London and other parts of England were left without power Friday when a failure hit two power generators on the National Grid, officials say. The government's Department for Business Energy and Industrial Strategy said in a statement that "the issue is now resolved and the system has returned to normal".

by | August 11, 2019 | 23:52

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by | August 11, 2019 | 23:14

But while FedEx is done with Amazon , UPS, the largest USA courier, is keeping it tight with the online retail overlord. FedEx's goal moving forward is to source more e-commerce deliveries from other companies. However, eight months on, and it seems that Amazon has indeed become a competitor. The courier company has been working to increase its delivery network through e-commerce and the company said it is "extraordinarily" well-positioned to shift its focus.

by | August 11, 2019 | 22:30

As the financial powerhouse behind the credit card, Goldman is actually the entity responsible for approving credit applications, but according to sources with inside knowledge, it's casting a very wide net, approving applicants with credit scores that normally wouldn't qualify for such a seemingly-prestigious card.

by | August 11, 2019 | 20:55

Ryanair's (RYA.I) directly employed pilots in Ireland on Friday voted overwhelmingly in favour of industrial action unless the airline agrees to union pay proposals by Monday, the Forsa/IALPA trade union said. "The result of Forsa's ballot shows that less than half of Ryanair's Irish pilots are members of Forsa, and less than 60% of these Forsa members participated in the ballot, with less than 25% of Ryanair's Irish pilots voting for industrial action".

by | August 11, 2019 | 20:09

Its 2018 acquisition of CA Technologies for £15.6 billion has now been followed by that of security software pioneer Symantec - though only the company's enterprise division, interestingly. Symantec slightly missed its revenue expectation and warned that its fiscal 2020 results would be well below expectations (see: Symantec CEO Exits as Company Misses Earnings Forecast ).

by | August 11, 2019 | 19:55

China's economy is slowing - partly because President Donald Trump has slapped tariffs on US$250 billion ($386.4b) worth of Chinese imports - and market pressures are pulling the currency down. Other areas of the world are facing even weaker economic growth, and the British government reported that its economy shrank in the second quarter for the first time since 2012.

by | August 11, 2019 | 18:58

Conning Inc. grew its position in Activision Blizzard by 6.0% during the first quarter. Shares of NASDAQ:ATVI traded down $1.27 on Friday, hitting $48.06. Activision Blizzard, Inc (ATVI), a video game and film holding company, reported second-quarter results that beat its own and the market's forecasts as lower total costs helped mitigate the impact of a decline in sales, but its guidance for the full-year failed to meet analysts' expectations.

by | August 11, 2019 | 14:31

AJ Bell investment director Russ Mould said: "Investors appear prepared to take the long-term view on bookmaker William Hill after first-half profit was hit by a crackdown on fixed odds betting terminals and investment in the US". "The response of our colleagues has been incredibly professional during this hard time and I would like to thank each and every one of them for that".

by | August 11, 2019 | 12:49

He faces up to 45 years in prison if convicted and is now in detention, denied bail. "This was, frankly, a tremendous shock, even though it clearly pales in comparison to the unthinkable allegations against him now". NEW YORK (AP) - The retail titan behind Victoria's Secret has accused the financier Jeffrey Epstein of misappropriating "vast sums" of his fortune while managing his personal finances more than a decade ago.

by | August 11, 2019 | 11:58

The retailer told employees to remove marketing materials, turn off game systems that show violent games and to shut down monitors in electronics departments that show images of violence. The company stopped selling assault rifles after the Sandy Hook shooting in 2015, and raised its minimum gun purchasing age to 21 after last year's school shooting in Parkland, Florida.

by | August 11, 2019 | 11:57

Twitter user Matthew Harris uploaded the picture and asked 'How can this be allowed?' The pictures were uploaded to social media and prompted outrage with some describing it as "absurd" and "illegal". Asked about the safety of the passengers in the row immediately behind the defunct seats, the spokesperson said the fleet is operated in "strict compliance with all safety guidelines" and "had any other seats of been affected they too would have been declared inoperative".

by | August 11, 2019 | 11:56

Excluding that one-time expense, it lost $1.3 billion, or almost twice the $878 million loss of a year earlier. Uber's revenue growth slowed in the second quarter and its losses widened as it continued to spend heavily on discounting and new businesses.