Markets

by | September 22, 2019 | 13:57

Burger King have gone with the option of removing all plastic toys entirely while McDonalds will give the option to swap for a fruit bag or a book from early next year. "It made us very sad to see how plastic harms wildlife and pollutes the ocean, and we want to change this", they wrote. In a statement released by the company on September 18, Fernando Machado, global chief marketing officer at Burger King , said that "work is now underway across all of our markets to look at how we can ...

by | September 21, 2019 | 23:22

Google, like many corporates, supports a goal to power the entirety of its operations using renewable energy , a constantly moving target. The cost of electricity produced by different renewables has plunged in recent years to make them increasingly competitive against fossil fuels.

by | September 21, 2019 | 19:11

The company made the announcement in a news release on Thursday, but declined to offer any details about what stock exchange it would list on or how much money it plans to raise in the process. In November previous year, it launched its Backyard project , which builds new homes to be operated as short-term rentals, and CNBC is reporting that prototype testing will get underway before the end of 2019.

by | September 21, 2019 | 18:45

Impossible Burger will come in 12-ounce packages at Gelson's for $8.99. Silicon Valley-based Impossible Foods, which counts celebrities like Serena Williams and Katy Perry as its investors, so far sold meatless patties in some upscale restaurants and fast food chains.

by | September 21, 2019 | 18:03

Graves agrees with President Trump on the need to withdraw from the Paris climate agreement . Climate change has already lead to melting icecaps that force migration, wild fires on indigenous land in the Amazon rainforest, and an increase in the strength of hurricanes, as recently seen with Hurricane Dorian.

by | September 21, 2019 | 13:09

Their call comes after a last minute demand by Thomas Cook's banks, including RBS and Lloyds, that the cash-strapped tour operator stump up an extra £200 million. It is feared the 178-year-old company - the world's oldest tour operator - could collapse by the weekend if the extra finance is not found. When Monarch collapsed, the British government repatriated all customers overseas, both those with package holiday protection from Air Travel Organisers' Licensing (ATOL) and flight-only ...

by | September 21, 2019 | 10:51

It led to a massive fallout for Facebook that included chief executive officer Mark Zuckerberg testifying before Congress. The company is still trying to fix its reputation. But the company refused to identify any of the apps or developers, and the subpoena would have remained confidential under MA law had Facebook not insisted on keeping it and related exhibits secret.

by | September 21, 2019 | 08:23

India's Finance Minister Nirmala Sitharaman , centre, and the Reserve Bank of India (RBI) Governor Shaktikanta Das arrive to attend the RBI's central board meeting in New Delhi . The government's measures to reverse the slowdown have so far come in tranches and were seen as inadequate. Bigger firms facing a higher effective tax rates will be more inclined to switch to this simplified structure, while those with lower effective tax rates now will shift once the sunset clauses for exemptions ...

by | September 21, 2019 | 04:28

The employee "was discovered to have been repeatedly engaging in unauthorised derivatives transactions and disguising them to look like hedge transactions since January of this year", the firm said. Bloomberg reported that the US$320 million loss would be less than one-tenth of Mitsubishi's projected profit for the year. The dealer and his supervisor were imprisoned.

by | September 21, 2019 | 03:55

The temporary layoffs include 2,000 hourly workers at GM's vehicle and truck plant in Oshawa, Ont., and another 1,700 unionized employees at the companies that serve and supply the GM factory east of Toronto, according to the Detroit-based automaker and a union official.

by | September 21, 2019 | 03:55

What we need is to correct the big imbalances, not just the current trade deficit, but also the structural imbalances, the impediments to market access, disrespect for intellectual property, forced technology transfers. "They're holding out hope that theirs is the one product that is exempt". Levying of extra tariffs on Chinese goods and services worth $300 billion is bringing lots of revenue to the country.

by | September 21, 2019 | 01:49

Secretary of State Mike Pompeo earlier this week traveled to Saudi Arabia to address the situation. President Donald Trump is believed to have asked the Pentagon for possible retaliation against Iran over the attack, and tweeted that the United States was "locked and loaded".

by | September 21, 2019 | 01:42

Short-term rates had shot up as high as 10% at the beginning of the week, threatening to disrupt the bond market and the overall lending system. To ensure liquidity in the system, the New York Fed today it would continue the overnight repo operations through October 10, 2019 and it would also conduct three 14-day term repo operations three times next week.

by | September 21, 2019 | 01:32

However, they noted for the first time in more detail the damage that a delay in leaving the European Union would also do, after parliament voted to require Prime Minister Boris Johnson to postpone Brexit if he can not reach a deal with Brussels soon.

by | September 21, 2019 | 01:10

The effective corporate tax rate for companies will be around 25%, inclusive of surcharges, she said. Why Nirmala Sitharaman's Rs 1.45 Lakh Crore Package Is No Tit-Bits? Uday Kotak, head of Kotak Mahindra Bank KTMS.NS, said on Twitter that reducing corporate tax rate to 25% is "big bang reform".

by | September 21, 2019 | 00:40

During the Friday meeting, U.S. National Security leaders will present Trump with a broad range of military, economic and diplomatic options to consider as he decides how the U.S. An oil stabilization tower could be seen to be damaged by the attack, standing charred in the heat of Friday afternoon in the Saudi desert. The incident has ratcheted up instability in the world's most important oil-producing region, where tensions were already high following several attacks on Saudi oil tankers ...

by | September 20, 2019 | 20:21

All of the cases are linked to vaping or e-cigarette use. Young adults between 18 and 34 account for a worrying 67 percent of cases and 16 percent of the vaping illness victims are under 18. The FDA confirmed in a statement that it is focusing on 'the supply chain.' Officials have noted that because marijuana is illegal in many places, consumers are forced to purchase it off 'the street, ' meaning from private creators who exist outside of the supply chain.

by | September 20, 2019 | 19:41

Hopefully, similar tax reduction for individuals will follow as it leaves money in the hands of taxpayers, and will in turn boost overall demand and consumption, he explained. This is being reflected in the sharp spike in bond yields post the announcement. The effective tax rate for these companies shall be 17.01% inclusive of surcharge & cess.

by | September 20, 2019 | 19:27

Saudi Arabia said on Wednesday it has an evidence for Iran's involvement in the recent drone attacks on its Aramco oil facilities. "They are looking (for oil products) since they are trimming runs at some of the refineries", one source said, declining to be named as he was not authorised to speak to media.

by | September 20, 2019 | 19:20

Trump said in early August that Kim had sent him a "very lovely letter" that mostly complained "about the ridiculous and expensive" joint military drills between the US and South Korea, adding that Kim had apologized for the short range missile tests.