Economy

Jeanswest Enters Voluntary Administration

Jeanswest Enters Voluntary Administration

Stewart said being administration gives Jeanswest an opportunity to "restructure" to "better respond" to the challenging Australian market. "Jeanswest will continue to work while the administrators ...

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Levi Strauss president exits company to become CEO of supermarket chain

In August past year the retailer said that on the request of the board, Moir would move to Australia to oversee the turnaround at its department-store chain David Jones. Roy (56), a South African, is ...

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China's economy grew at slowest pace in almost 30 years in 2019

China's economy grew at slowest pace in almost 30 years in 2019

Official figures show that the world's second largest economy expanded by 6.1% in 2019 from the year before - the worst figure in 29 years. This week Washington and Beijing signed a "phase one" tra...

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Bose to close retail stores in N. America, Europe, Aus, Japan

Bose to close retail stores in N. America, Europe, Aus, Japan

However, about 130 stores will remain open in Greater China and the United Arab Emirates, as well as additional stores in India, Southeast Asia, and South Korea, ZDNet reported on Wednesday. That's ...

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United Airlines jet with burning engine makes emergency landing in Newark

United Airlines jet with burning engine makes emergency landing in Newark

Another passenger, Nicole Adamo, also opened up about the flight on Twitter, calling it the " most terrifying experience " of her life. Passengers were put on another flight to LAX that landed about...

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The Genesis GV80 debuts with concept-car styling and tons of tech

The Genesis GV80 debuts with concept-car styling and tons of tech

The "V" in the name, Genesis says, stands for "Versatility". Genesis' lineup now comprises just three sedans , which analysts said limits its appeal, particularly with the increased demand for SUVs...

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Hotel firm Oyo lays off 10% of India staff

Hotel firm Oyo lays off 10% of India staff

SoftBank declined to comment on Oyo and other new companies in which it has invested. The company's strategic objectives are: sustainable growth, operational and customer excellence, profitabilit...

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Nation’s largest retail trade group: holiday sales rose 4.1%

Nation’s largest retail trade group: holiday sales rose 4.1%

Growth in consumer spending is expected to have slowed to around or below a 2.5 per cent rate in the fourth quarter. Last month's rise was even more pronounced if sales of automobiles and parts are ...

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CME Tells Cointelegraph They Consider $2.3M BTC Options Debut a Success

CME Tells Cointelegraph They Consider $2.3M BTC Options Debut a Success

The strong debut of CME's options contracts coincides with Bitcoin's best start to a new year since 2012. CME Group has traded 55 contracts, worth about 275 Bitcoin or Dollars 2.1 million, in it...

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Horgan says ‘rule of law applies,’ LNG pipeline will proceed despite protests

Horgan says ‘rule of law applies,’ LNG pipeline will proceed despite protests

While Premier John Horgan said this week that the permitted project will go through and the rule of the law must be respected, law professor Margot Young said it's not that simple. RCMP Deputy Commiss...

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Google parent Alphabet hits US$1 trillion market cap

Google parent Alphabet hits US$1 trillion market cap

Alphabet, which has seen a almost uninterrupted advance in its share price since the summer, closed on the Nasdaq exchange at $1,450.16-delivering a final market cap rounded at $1 trillion. Alphabet h...

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Toyota Invests $394M in Air-Taxi Startup

Toyota Invests $394M in Air-Taxi Startup

Toyota also said its design was "well suited to meet the needs of an emerging air transportation market where commuters and travelers alike enjoy the benefits of aviation in and between urban centers ...

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"Not Doing Favour To India": Piyush Goyal On Amazon's $1 Billion Commitment

During his India visit, Jeff Bezos announced his plan to invest $1 billion into digitising India's small and medium-sized business enterprises, with the company setting an aim of exporting $10 billion...

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Google acquires Pointy to help SMBs list product inventory online

Google acquires Pointy to help SMBs list product inventory online

Now, Google has announced upcoming changes that will enable users to browse and compare clothes from multiple retailers with a single Google search. The US tech news service TechCrunch reported th...

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Stocks Scrape Record Highs Before Giving up Gains Near Close

Stocks Scrape Record Highs Before Giving up Gains Near Close

The S&P 500 gained 0.19 per cent to 3,289.3, its highest close ever. Up 91 points, the DOW closed at 29,030. The Nasdaq Composite .IXIC jumped 1.04% to 9,273.93, also a record high. Humana sha...

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PC market breaks losing streak in 2019

PC market breaks losing streak in 2019

Interestingly enough, Mac sales in Q4 declined 5.3 percent year-over-year, as per IDC . IDC research manager Jitesh Ubrani said the coming year to 18 months could be challenging partly because the ...

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Amazon and Flipkart face an antitrust investigation in India

Amazon and Flipkart face an antitrust investigation in India

As many as 3,000 small and medium businesses (SMBs), startups, and technology solution companies thronged the venue in Delhi from across the country to attend the two-day event, cheering Bezos as he...

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Hong Kong rally seeks voting rights, worldwide support

Hong Kong rally seeks voting rights, worldwide support

On housing issues, one of the most pressing problems for Hong Kong, Lam said the SAR government will further increase transitional housing for residents. 'If not challenged, Beijing's actions portend ...

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Asia stocks head lower after news that U.S. won't cut more tariffs

Asia stocks head lower after news that U.S. won't cut more tariffs

As he is about the face an impeachment trial, US President Donald Trump will be able to tout a trade deal with China. Soybeans futures in Chicago fell 1.2 per cent, cotton slipped 1.1 per cent and...

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U.S. stocks gain ahead of trade deal signing

U.S. stocks gain ahead of trade deal signing

Large technology companies helped lead the market, with Apple winning 2.1 per cent, Facebook 1.8 per cent and Netflix 3.0 per cent. Tesla jumped almost 10 per cent following an upgrade from Oppenheime...

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Credit Card Gambling to be Banned from April

Credit Card Gambling to be Banned from April

We also know that there are examples of consumers who have accumulated tens of thousands of pounds of debt through gambling because of credit card availability. United Kingdom gaming operators wer...

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Pompeo Says Iraqi Leaders Privately Want U.S. Troops To Remain

Pompeo Says Iraqi Leaders Privately Want U.S. Troops To Remain

Qassem Soleimani , head of the Islamic Revolutionary Guard Corps' elite Quds Force. Attorney General William Barr speaks to reporters at the Justice Department in Washington , Monday, Jan. And he...

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Oil prices steady after recent decline, trade deal and United States inventories eyed

Oil prices steady after recent decline, trade deal and United States inventories eyed

Oil prices were supported ahead of the signing at the White House on Wednesday of a Phase 1 U.S. WTI (oil futures on NYMEX) is trying hard to extend the recovery from six-week lows of $57.75 reache...

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Woman Boards Plane, Gets Text: 'Want to Sit Next to Me?'

Woman Boards Plane, Gets Text: 'Want to Sit Next to Me?'

How had he gotten her number, she asked, and why was he texting her? Barno, clad in a gray shirt, looked around the gate area, glancing over her shoulder. Subsequently, "Ahmad" was escorted off the ...

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Trump defends decision to kill Soleimani

Trump defends decision to kill Soleimani

Then, on Friday, Pompeo told reporters at the White House that that attacks were expected "against American facilities, including American embassies, military bases, American facilities throughout...

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James Murdoch Blasts Fox News for 'Climate-Change Denial'

James Murdoch Blasts Fox News for 'Climate-Change Denial'

James and Kathryn Murdoch have released a joint statement, speaking out against New Corp's climate change coverage. The couple said their "views on climate change are well-established and their fr...

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USA employment remains strong, 145000 jobs added in December

USA employment remains strong, 145000 jobs added in December

That's according to the Wall Street Journal , which said the last time women dominated the job market was during a stretch between June 2009 and April 2010 following the financial crisis, when const...

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USA officials cite deterrence to defend lethal drone strike on Iranian general

This time, Esper said that the USA can indeed strike Iran, " if it is consistent with the Commander in Chief's authorities under Article 2 ", referring to the article of the Constitution that allows t...

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Visa buys financial technology company Plaid for $5.3B

Visa buys financial technology company Plaid for $5.3B

Plaid focuses on enabling consumers and businesses to interact with their bank accounts, check balances, and make payments through financial technology applications. Plaid, whose technology lets peopl...

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Retail inflation rose to 7.35% in December - the highest since July 2014

Retail inflation rose to 7.35% in December - the highest since July 2014

Prices of eggs increased by 8.7%, and prices of food and beverages overall increased by 12.16%. Retail inflation had spiked in December because of higher food inflation, which was at 14.22 per cent....

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See Burnout, Drift & Reverse Spin Mode In Action In Tesla Model 3

See Burnout, Drift & Reverse Spin Mode In Action In Tesla Model 3

In 2019, was in a duo with $ 35,000, and the Model 3 is off then the software of the vehicle and managed to crack a message using a built-in screen is able to display. Video description via lowlife...

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Trump to drop labeling China a currency manipulator, report says

Trump to drop labeling China a currency manipulator, report says

Markets look forward to the signing of the US-China trade deal, that will de-escalate their two-year long tariff war. Yahoo Finance anchor and reporter Akiko Fujita joined CBSN with the latest. that...

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BoyleSports takes punt on 33 William Hill stores in NI deal

BoyleSports takes punt on 33 William Hill stores in NI deal

This brings the total number of BoyleSports shops in Northern Ireland to 39. "We look forward to working with the BoyleSports team on a smooth transition and maintaining a great customer exper...

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CAAM: China vehicle sales dropped 8.2% in 2019

CAAM: China vehicle sales dropped 8.2% in 2019

Ford hopes to reverse the sales tide in China, in part, by updating its line-up with 30 new vehicles during the next three years. The China Association of Automobile Manufacturers (CAAM) last month...

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NJ mom says she got used diapers in Amazon shipment

NJ mom says she got used diapers in Amazon shipment

I was half asleep. Upon discovering the soiled diapers, Sales called the Centers for Disease Control and had the couple's 19-month-old daughter checked out by a doctor, who said she's healthy. "And ...

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