Markets

by | November 07, 2019 | 20:24

Parliament ratifies Prime Minister Boris Johnson's Brexit deal and the country agrees to a free-trade accord with the European Union . Alarm over a darkening global climate prompted two of the Bank's nine Monetary Policy Committee members to vote for an immediate cut in interest rates , which were held unchanged at 0.75pc.

by | November 07, 2019 | 16:00

Drone users must visit this website here to access the new system. The rules apply to drones or model aircraft weighting between 250g and 20kg. Children and adults wanting to fly the gadgets from November 30 will have to take the test to show they can do so "safely and legally".

by | November 07, 2019 | 14:56

The researchers' theory is partly based on Tether's stablecoin to actually being backed by USA dollars, which would mean the firm created USDT out of thin air to then buy Bitcoin , which would help the cryptocurrency's price rise. Another startling claim made in the updated research points a finger towards Tether and Bitfinex who have often been accused of pumping Bitcoin price.

by | November 07, 2019 | 14:34

Krispy Kreme said its primary concern is that the doughnuts Gonzalez sells maintain its "high product quality standards, given the distance and manner in which he is transporting and distributing them". Their message? Stop re-selling our donuts. In this Saturday, Oct. 26, 2019 photo, Catherine Newton, left, buys three boxes of Krispy Kreme doughnuts from Jayson Gonzalez in Little Canada, Minn.

by | November 07, 2019 | 14:08

It intends to enable full self-driving in the future, and that would require cars that could identify and deal with virtually any object on road. As per some early users, they have warned that the Autopilot does not always identify the cones, possibly leading to unsafe lane changes-like navigating one into construction or into oncoming traffic.

by | November 07, 2019 | 12:53

At 10:31 a.m. ET the Dow Jones Industrial Average was up 23.02 points or 0.08% at 27,485.13; the S&P 500 was down 3.67 points or 0.12% at 3,074.60; and the Nasdaq Composite was down 3.15 points or 0.04% at 8,430.06. Expectations were low this quarter, and on a whole, profits in the S&P 500 are down 2.7% from a year ago, according to FactSet. And investors have been sharply bidding up the shares of companies that topped expectations.

by | November 07, 2019 | 12:28

In response, Airbnb CEO Brian Chesky said days ago that the company would ban "party houses," while providing little explanation of what, exactly, a party house is. "I want to be clear - we are not infallible". And on Tuesday, voters in Jersey City, New Jersey, approved restrictions on short-term rental companies in a referendum in one of Airbnb's most important markets.

by | November 07, 2019 | 10:53

According to The New York Times , China points to "a rise in nearsightedness and poor academic performance" as justification for the new rules , which the country hopes will get kids to play less and study more. The regulations focus on furthering President Xi Jinping's continued anti-video game efforts. The official government guidelines - released on Tuesday - include spending limits for minors.

by | November 07, 2019 | 10:27

Four new seasonal cups were revealed on Twitter Wednesday morning, and they are all very merry . Jen Quotson, vice president of Starbucks Creative, said the holiday design this year was created to evoke small moments of joy for customers and partners, with designs that are fun, festive and "uniquely Starbucks ".

by | November 07, 2019 | 10:25

And the much awaited event will be held in a fortnight, early Thursday (Australian time). If that date sounds familiar, it's because Blade Runner references it - and it's smack-bang in the middle of the Los Angeles motor show's media days.

by | November 07, 2019 | 07:02

Don't hold your breath for a six-cog electric Mustang to appear at your local dealership, though. If the newly launched 2020 Mustang Shelby GT500's 760 horsepower isn't enough for you, then this one-off Mustang Lithium will surely blow your socks off.

by | November 07, 2019 | 05:38

The 14-member producer group said its own production of crude oil and other liquids is expected to decline over the next five years, falling to 32.8 million b/d in 2024. "That's largely related to the sanctions on COSCO, which came home to roost", Yawger said, referring to reduced tanker availability due to USA sanctions on Chinese shipping firm COSCO.

by | November 06, 2019 | 21:28

More than 30 million worldwide visitors went to China in 2018, a 4.7% increase from the year before, according to a statement from Ant Financial, citing government data. The minimum top-up for each pre-paid card is 100 yuan (US$14), with a maximum of 2,000 yuan (US$285). Tourists visiting China are able to download and use the app during their trip, giving them access to the most popular form of payment - and the most popular mobile-payments provider - in the country.

by | November 06, 2019 | 20:26

Infosys , which is facing allegations of "disturbing unethical practices ", on Monday said it has not received any supporting evidence to corroborate the allegations in the anonymous complaints filed by whistleblowers. The company argued that unless an event or information is deemed "material" or determined as "material" by the company under the Listing Obligations and Disclosure Requirements (LODR) Regulations, it had no obligation to disclose the same under Regulation 30 of the LODR ...

by | November 06, 2019 | 05:41

The world's most profitable company's shares are expected to begin trading in December (2019). President and CEO of Saudi Aramco Amin Nasser and company chairman Yasir al-Rumayyan at a press conference in Dhahran , Saudi Arabia on Sunday.

by | November 05, 2019 | 22:51

The ongoing trade war between the United States and China is harming both economies, the UN said Tuesday, with a sharp drop in exports and higher prices for consumers. That would extend penalties to nearly everything the United States buys from China. Again on September 24, 2018, tariffs of 10% on Chinese goods valued at $200 billion entered into force and were scheduled to increase to 25% in January, but President Trump postponed the increase because of the good progress of negotiations ...

by | November 05, 2019 | 22:40

Facebook will soon start showing this new logo across Instagram and WhatsApp , and possibly its other products like Oculus, Workplace, Portal, and Calibra (its digital wallet app for the Libra cryptocurrency). " Facebook's main site doesn't need a rebrand". However, it turns out that Facebook's chief scientists (a marketing agency) have had the solution staring them in the face the whole time: the Facebook logo is in small letters.

by | November 05, 2019 | 21:23

The cuts have been successful in breathing life into a moribund housing market, with revived demand driving prices up last month by the most since 2015. Mr Lawless said while several key economic indicators have stabilised, the RBA would likely be carefully monitoring other indicators which have continued to lose momentum such as consumer confidence, residential construction activity and retail spending.

by | November 05, 2019 | 19:19

Boeing announced last month it expects to return the embattled plane to service on January 16, but previous dates to get back in the air have come and gone as the company continues to seek Federal Aviation Administration re-certification, the report said.

by | November 05, 2019 | 19:15

Symptoms may be more severe in young children and people older than 65 because their immune systems may not be as strong as a healthy adult's. At the same time, they are also reminding everyone to wash their hands and any surfaces that the ground beef touches.