Economy

by | September 02, 2018 | 02:00

Trish Caddy, UK food service analyst at Mintel, agrees that should be a key area of focus: "In an increasingly competitive marketplace, the acquisition of Costa Coffee would extend Coca-Cola's presence in the coffee and restaurant space".

by | September 01, 2018 | 05:00

The Senate has approved a 1.9 percent pay hike as part of a spending bill for federal agencies, while the House included no raise. "We can not balance the budget on the backs of our federal employees and I will work with my House and Senate colleagues to keep the pay increase in our appropriations measures that we vote on in September", she continued.

by | September 01, 2018 | 04:27

A Reuters poll, HDFC Bank's research and a CARE Ratings report are expected 7.6 percent GDP growth for the first quarter of current fiscal. In the fourth quarter of 2017-18, GDP growth was at 7.7%. The government also revised the core sector growth figure for June to 7.6% and for May to 4.3%. "Oil prices at current levels will raise expenditures and add to existing pressures on the fiscal position stemming from the lowering of goods and services tax (GST) rates on a range of consumer goods ...

by | August 31, 2018 | 01:51

Multiple angles of the vehicle show it flying through the air at an incredibly high speed. Per Global News , the vehicle then skidded into a school parking lot, where it hit a tree. The vehicle crashed into the parking lot of a public school, and the driver and a passenger both suffered minor injuries, according to Barrie Today .

by | August 31, 2018 | 01:24

That could hurt Macri's re-election prospects in next year's presidential race. The central bank issued a statement saying it called a special meeting of its monetary policy committee, which voted unanimously to hike its key interest rate "in response to the foreign exchange rate situation and the risk of greater inflation".

by | August 31, 2018 | 00:57

While Berkshire and Paytm confirmed the deal, they did not disclose the terms of the transaction. Other Paytm board members include Alibaba co-founder and executive chairman Joseph Tsai and Ant Financial CEO Eric Jing; Goldman Sachs Asia chairman Mark Schwartz and Shardul Amarchand Mangaldas managing partner Pallavi Shroff.

by | August 31, 2018 | 00:41

The court ruled the National Energy Board's review of the project was flawed because it failed to consider impact on marine life. The federal court said that during the NEB permit process, Canada acted in "good faith" when consulting but later fell "well short of the mark" in properly consulting First Nations during the third and final stage.

by | August 30, 2018 | 10:12

Last week the pair acknowledged that they had been engaged in "exploratory discussions" about a potential merger. The merger between TPG and Vodafone would, thus, make life easier for both Telstra and Optus. Australian business is the third largest mobile operator in the country after Telstra ( TLSYY ) and Optus, which also have big fixed-line internet operations.

by | August 30, 2018 | 09:38

Facebook Watch competes with video platforms such as Google's YouTube and Amazon's Twitch, but says it's unique due to the social components of the service. "Every month, more than 50 million people in the U.S. come to watch videos for at least a minute in Watch - and total time spent watching videos in Watch has increased by 14x since the start of 2018", Facebook said in a statement.

by | August 30, 2018 | 09:30

While 6,453 pieces of fake Rs 50 notes were detected in 2015-16, this number jumped to 9,222 in 2016-17 and then increased to a whopping 23,447 in 2017-18. "The value of banknotes in circulation increased by 37.7 per cent over the year to Rs 18,037 billion at March-end 2018", it said. It is a natural process as the GDP grows, payment system grows, currency grows.

by | August 30, 2018 | 00:43

Elon Musk seems to have doubled down on his claim that British rescue diver who helped save a group of boys trapped in a Thai cave is a " pedo guy ". "You don't think it's unusual he hasn't sued me?" the Tesla CEO tweeted to a user who had questioned his "dedication to facts and truth". "He was offered free legal services".

by | August 29, 2018 | 14:22

Working with cognitive psychologists, Jaguar Land Rover will test whether the eyes can communicate effectively with pedestrians and build their confidence in self-driving technology. Self-driving cars will make "eye contact" with pedestrians to give people more confidence to cross roads. The vehicle will then attempt to take avoiding action, either by stopping or adjusting its line.

by | August 28, 2018 | 02:46

Trump's lawyer, Rudy Giuliani , caused a stir last week when he told The Washington Post that Trump had sought his advice on the possibility of granting a pardon to former campaign chairman Paul Manafort . These individuals may spell the beginning of the end of the Trump presidency, and seem to have Trump remaining silent - for now. But Democratic leader Rep.

by | August 28, 2018 | 00:31

The BIS predicts that revoking NAFTA would also cause wages to fall in all Canadian provinces and Mexican states, and in all but one of the 435 congressional districts in the U.S. Sitting in the Oval Office, U.S. Trade Representative Robert Lighthizer to ask when the deal would be signed. The Trump administration wants a higher percentage of auto production to come from within the Nafta bloc before qualifying for duty-free status.

by | August 27, 2018 | 09:25

The fact that Trump cited his legal and political foe Mr. Davis suggests Trump is perhaps grasping at any exculpatory straws. Trump's approval rating was not majorly effected by the bombshell news. Sharpening their legal and political defenses against the special counsel's Russian Federation probe, President Donald Trump's attorneys stressed Sunday, June 3, that they would contest any effort to force the president to testify in front of a grand jury but downplayed the idea that ...

by | August 27, 2018 | 07:24

The concert will release an electric auto. Video footage released by Kalashnikov did not include images of the CV-1′s interior. The model also has tinted taillights and an electric charging port beneath the rear hatch. However, the CV-1 is only a prototype. Tesla's entry-level Model 3 auto, meanwhile, has a range of 220 to 310 miles. A retro-looking pale blue prototype electric auto, the CV-1, produced by Russian arms maker Kalashnikov is being displayed in Moscow.

by | August 27, 2018 | 06:30

The announcement comes after firefighters, combating wildfires in California, had their data speeds throttled when using Verizon's networks. "These are becoming regrettably the norm in our state and as they become the norm we also change how we think about policies".

by | August 27, 2018 | 03:38

Negotiators from both the US and Mexico have been holding talks for weeks to try and settle their differences on NAFTA. Under U.S. rules governing trade deals, President Donald Trump is required to give Congress 90 days notice of its intent to sign a trade agreement.

by | August 27, 2018 | 01:43

The Trump Organization paid Cohen in $35,000 installments through 2017, and submitted false invoices for the payments which it said were part of a monthly retainer. On the tape , Mr. Cohen is heard saying: "I've spoken to Allen Weisselberg about how to set the whole thing up". Meantime, Cohen also committed bank and tax fraud relating to his NY taxi and other businesses.

by | August 27, 2018 | 01:34

Powell said the Fed was trying to balance two risks in its decisions on interest rates: "moving too fast and needlessly shortening the expansion, versus moving too slowly and risking a destabilizing overheating". Trump believes that rate hikes would hinder economic growth and put a cap on the bullish USA stock market. Investors said they were reassured that Powell's comments stayed in line with previous commentary from the Fed regarding policy.

by | August 26, 2018 | 08:25

India's crude oil imports declined amid fear of sanctions from the USA as back in June the U.S. has also asked all countries including India, to stop oil imports from Iran by November or else face sanctions from the US. Futures in NY were little changed after capping a five-day run of gains yesterday. A weaker USA dollar makes oil, which is priced in dollars, less expensive for buyers in other currencies.

by | August 26, 2018 | 08:28

The Prototype 10 is also defined by the elegant geometry found throughout the vehicle. Infiniti has unveiled the Prototype 10 concept for the Concours d'Elegance at Pebble Beach, California, which the company says "recaptures the spirit of early speedsters for an era of electrified performance".

by | August 26, 2018 | 08:15

He said Mr. Trump directed him to arrange the payments. David Pecker has been a close friend of Donald Trump for decades; his cooperation with federal prosecutors raises the prospect of new information about Trump's past behavior. Weisselberg handled not just the Trump Organization's finances, but also those of Trump himself. It started with former federal prosecutor Renato Mariotti's thread about the implications of Weisselberg "flipping".

by | August 26, 2018 | 02:13

Francis said he was committed to ridding the church of this "scourge" no matter the moral cost or amount of suffering. Pope Francis is heading to Ireland as the Catholic Church faces a global crisis for its systemic failures to protect children from clergy sex abuse or to punish bishops who hid the crimes.

by | August 26, 2018 | 01:35

The documents do not identify which tech company Cohen paid the money to, or what, exactly, the company did for him. And while Mueller has yet to present or even suggest that he is planning to charge Trump himself, the Manhattan District Attorney's office is now contemplating their own charges against Trump's business organization.

by | August 23, 2018 | 03:42

Horton DHI.N also rose between 4 percent and 6 percent. Wednesday's record is also debatable because Wall Street experts define bull and bear markets differently. Australian shares fell 0.5 per cent after a leadership challenge to Australian Prime Minister Malcolm Turnbull on Tuesday. Investors will be watching for more insight on Federal Reserve monetary policy from the August Federal Open Market Committee meeting minutes to be released Wednesday.

by | August 23, 2018 | 01:31

Trump said on Monday he was "not thrilled" with the Federal Reserve under his own appointee, Chairman Jerome Powell, for raising interest rates and said the U.S. Kohn said he didn't think Powell or the Fed would change their course because of Trump's remarks. Almost eight in 10 economists believe the Fed's interest rate policies are "about right", according to a survey released Monday by the National Association for Business Economics.

by | August 22, 2018 | 06:55

He urged the Fed to avoid doing anything that could slow economic growth. Trump said to Reuters about Powell. Trump has abandoned that tradition this year, though his advisers have said the president is simply stating his opinion. "Forgetting his comments, adding fiscal stimulus this late in the cycle is. unusual, and probably makes the job more complicated for the Fed", he said.

by | August 22, 2018 | 05:25

Iran and other signatories of the nuclear deal, including Britain, France, Germany, Russia and China, have been working to find a way to salvage the agreement despite USA pressures. The United States also imposed fresh sanctions on Tehran in August, targeting Iran's trade in gold and other precious metals, its auto industry, and purchases of US currency.

by | August 22, 2018 | 04:56

Whitehouse went on to give Trump's national security team credit for continuing to call out Russian Federation for trying to interfere in American democracy, despite the unusual statements that the president regularly makes. Without the American measures, Moscow's behaviour would be further "off the charts", Mitchell said. Assistant Secretary of State Wess Mitchell told the Foreign Relations Committee that concern about sanctions has cost Russian Federation $8 to $10 billion (£6.2 billion to ...

by | August 22, 2018 | 02:22

The central bank has raised interest rates twice during Powell's tenure, and is it expected to raise rates twice more this year, including when it next meets, in September. "It would appear that Mr. Trump would like to keep the us dollar a little on the weak side in order to remain competitive", said CMC Markets chief markets analyst David Madden.

by | August 21, 2018 | 04:10

The suspects are being interrogated at a police station in Ankara. Early Monday morning, someone fired six shots from a vehicle driving by the U.S. " Turkey is a safe country ". Omer Celik, spokesman for the ruling Justice and Development Party (AKP), called the incident an "open provocation" and a clear attempt to "create chaos".

by | August 21, 2018 | 02:48

During the interview, journalists said Musk alternated between laughter and tears as he opened up about his busy work routine and recent controversies. Musk said he spent his entire 47th birthday alone working in Tesla's offices . "This has really come at the expense of seeing my kids. "At some point the board is going to have to assert its authority", Elson said.

by | August 21, 2018 | 01:05

The malfunctioning caused a " handful " of people to lose their flights, Metro quotes the airport saying. Gatwick says the electronic boards were displaying incorrect information because of a damaged fibre-optic cable. Pictures emerged on social media of crowds surrounding the board as they tried to get hold of their flight information. Gatwick airport was plunged into chaos today when staff were forced to use old-fashioned whiteboards to direct thousands of passengers towards flights.

by | August 21, 2018 | 00:28

PepsiCo has announced plans to buy Israel-based fizzy drink maker SodaStream in a deal valued at $3.2 billion. Purchasing the Israeli company, known for DIY seltzer makers like the SodaStream Mix , will push Pepsi's image in a health-focused direction, according to CNN .