Economy

China's Huawei to sell undersea cable business, buyer's exchange filing shows

China's Huawei to sell undersea cable business, buyer's exchange filing shows

In a filing to the Shanghai Stock, Hengtong Optic-Electric Co confirmed it had earlier on May 31 signed a letter of intent with Huawei Tech Investment Co to take over its 51 percent stake in Huawei ...

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EOS Developers block.one Announce

EOS Developers block.one Announce "Voice", a Social Media Platform

Our content. Our data. Additionally, there will be no hidden algorithms, no invisible interests, and no different sets of rules for users and owners. US -based cryptocurrency exchange Coinbase has...

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Quest Diagnostics: Nearly 12 million patients may have been affected by breach

Quest Diagnostics: Nearly 12 million patients may have been affected by breach

Laboratory test results are not provided to outside companies and were not affected. AMCA has not yet provided Quest Diagnostics with "detailed or complete information" about the security breach, th...

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US, Mexico officials to begin talks over tariffs, border

US, Mexico officials to begin talks over tariffs, border

Ebrard will meet U.S. Secretary of State Mike Pompeo during the talks, which will also involve other senior officials. Trump believes the tariffs are a means to get the Mexican government to act on ...

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Family unhappy after Walmart graduation cake turns out to be Styrofoam

Family unhappy after Walmart graduation cake turns out to be Styrofoam

Marsy Flores told KPRC 2 she purchased a cake from Walmart for her daughter's graduation party and was committed to making sure everything about the big day was flawless. "They didn't have anythin...

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Samsung is bringing AMD graphics technology to its smartphones

Samsung is bringing AMD graphics technology to its smartphones

AMD has struggled for dominance in PC graphics where its longtime rival Nvidia has found much success, so AMD adopted the semi-custom strategy in the early 2010s, where AMD would sell custom made comp...

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The North Face is Sorry for Hacking Wikipedia Photos to Promote Brand

The North Face is Sorry for Hacking Wikipedia Photos to Promote Brand

The North Face, Leo Burnett, and Ad Age - which originally labeled the campaign an "editor's pick" - were so hungry for novel native advertising that none recognized the entire premise was a fla...

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Research Analysts Offer Predictions for Canadian Natural Resources Ltd’s FY2020 Earnings (CNQ)

Looking at Recommendation Trends of the stock polled by Reuters. Investors may also be on the lookout for positive surprises on earnings beats. Investors are typically trying their best to maximize re...

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United Kingdom auto production nearly halves in April following Brexit factory shutdowns

United Kingdom auto production nearly halves in April following Brexit factory shutdowns

SMMT chief executive Mike Hawes added: "No-deal must be taken off the table immediately and permanently, so industry can get back to the business of delivering for the economy". The SMMT initially est...

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A Google Cloud outage breaks Snapchat, YouTube, Gmail

A Google Cloud outage breaks Snapchat, YouTube, Gmail

Google services, including YouTube , Gmail and Snapchat , have been down this Sunday afternoon. Google is saying users of YouTube and other services are seeing errors or slow performance due to ...

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Mexico starts talks in Washington early over US tariff threat

Mexico starts talks in Washington early over US tariff threat

Henio Arcangeli, Honda's head of American operations, said the tariffs potentially could price out some Americans from purchasing new cars, given auto prices already are at record highs. In a flurry...

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Lotus Teases Type 130 All-Electric Hypercar

Lotus Teases Type 130 All-Electric Hypercar

Since then hundreds of customers ahem stated their interest in a new electric Lotus . CEO Phil Popham said: " Type 130 will be the most dynamically accomplished Lotus in our history". Rumors say...

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Zuckerberg's Security Chief Accused of Racism About Facebook CEO's Wife

Zuckerberg's Security Chief Accused of Racism About Facebook CEO's Wife

Those letters were reviewed by the outlet and, in addition to the above claims, reportedly allege that Booth on multiple occasions said he "didn't trust Black people" and "white lives matter more than...

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Melco purchases 19.99% stake in Crown Resorts

Melco purchases 19.99% stake in Crown Resorts

Gateway Investment Advisers LLC now owns 86,742 shares of the company's stock valued at $1,960,000 after buying an additional 981 shares in the last quarter. The stock now has an average rating of "...

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New Land Rover Defender Plans Just Got More Interesting

New Land Rover Defender Plans Just Got More Interesting

The goal with these things is to make driving less distracting, and doing things like navigating from one location to another less tedious. In Nottingham, the group will bring together the Jaguar ...

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Economy posts another weak quarter of growth, but shows signs of rebound

Economy posts another weak quarter of growth, but shows signs of rebound

The first-quarter data were slightly higher than the prediction of the Bank of Canada, which has stressed the slowdown was temporary and that growth has been accelerating in the second quarter. "We kn...

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Allianz Snaps Up L&G General Insurance Unit For £242M

Allianz Snaps Up L&G General Insurance Unit For £242M

L&G said the disposal will allow it to concentrate on its core businesses of asset management and life insurance. Allianz is one of the world's largest insurers and traces its roots back to 1890, ...

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House prices slip in May in subdued market

House prices slip in May in subdued market

Gardner also pointed out that May constituted the six consecutive month of house price gains below 1.0%. The latest monthly housing market report from the building society shows that prices across...

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Facebook's Mark Zuckerberg to face leadership vote

Facebook's Mark Zuckerberg to face leadership vote

Outside the meeting, protesters convened to voice their concerns about Mr Zuckerberg's power, while the Fight for the Future advocacy group projected a "Fire Mark Zuckerberg" display. election, stor...

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Factory activity in China contracts amid trade dispute

Factory activity in China contracts amid trade dispute

The PMI for manufacturing sector came in at 49.4, down 0.7 percentage points from the previous month. China's factory activity fell into contraction territory in May amid an ongoing trade dispute wi...

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Delek's Ithaca clinches Chevron's British North Sea fields

Delek's Ithaca clinches Chevron's British North Sea fields

Upon completion, the group's enlarged portfolio will encompass 18 producing fields. Delek said the deal, backdated to January 1 and pending regulatory approval, will quadruple Ithaca's pro-forma pro...

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Mega Millions numbers: Did you win Tuesday’s $444 million lottery jackpot?

Mega Millions numbers: Did you win Tuesday’s $444 million lottery jackpot?

The Mega Millions game, which will hold its next drawing on Tuesday evening, will see its new jackpot hover to an eye-popping $475 million with a cash payout of $307 million. Jackpot winners choose ...

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US consumer spending slows in April

US consumer spending slows in April

Earlier this month the Fed kept rates unchanged and signaled little inclination to adjust monetary policy anytime soon. "The market and the president want rate cuts and they might just get them if thi...

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Uber Reports Financial Results: Losses Amount to $1 Billion

Uber Reports Financial Results: Losses Amount to $1 Billion

Uber's Q1 revenue was $3.10 billion, slightly exceeding the projected $3.04 billion. The company roughly met analysts' expectations for its first quarterly report . Well, Wall Street liked wha...

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Premier Foods Chairman Keith Hamill To Retire In July

Mr Hamill oversaw a hard period for the group, which also owns the Bisto and Ambrosia brands, as it fought against activist pressure for a major shake-up. The company is yet to find a replacement, and...

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Johnsonville Sausage recall: 95,000 pounds of jalapeño cheddar smoked sausage recalled

Johnsonville Sausage recall: 95,000 pounds of jalapeño cheddar smoked sausage recalled

The product was shipped nationwide and internationally. Johnsonville has recalled one of its fully cooked sausage products because it may contain plastic. Consumers should check their refrigerators ...

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BC's minimum wage goes up more than $1 this weekend

BC's minimum wage goes up more than $1 this weekend

Shadow industrial relations minister, Brendan O'Connor, told reporters in Canberra that although Labor's policies are under review it "will not abandon workers" and "will not abandon the plan to lift ...

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Crypto entrepreneur targets One-fourth of entire Bitcoins in circulation

Crypto entrepreneur targets One-fourth of entire Bitcoins in circulation

However, Greenspan notes the improbability of a purchase of this magnitude, relaying that of the 21 million bitcoin that has ever, or will ever exist, "many will not be mined for a long time and many ...

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US Justice Department reportedly preparing antitrust probe of Google

Justice department officials share antitrust oversight with the Federal Trade Commission , which conducted a wide-ranging investigation of its own into Alphabet-owned Google that ended in 2013 with n...

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Petrol price increased to Rs112 per litre

Petrol price increased to Rs112 per litre

Similarly, the revised rates of kerosene oil and light diesel oil recorded a hike of RsRs1.69 and Rs1.68 per litre, respectively. The new petrol price is Rs 112.68 for June 2019. The new prices ar...

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Mnuchin, Lighthizer Opposed Trump's Idea to Impose Tariffs on Mexico

The second punch, after the tariffs , was the notification that the White House would submit the new trade deal for approval, undermining delicate negotiations with House Democrats. Some manufactur...

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Minimum wage workers to receive 3pc pay rise

Minimum wage workers to receive 3pc pay rise

The new hourly rate will be $19.49 an hour, up from $18.93. The rates are decided each year by government, following the recommendations of independent advisory group the Low Pay Commission . But t...

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India's GDP growth slips below 6%; stands at 5.8% in Q4

India's GDP growth slips below 6%; stands at 5.8% in Q4

Garg, who is also the Finance Secretary, said, "Quarterly numbers don't matter...it is basically annual growth..." The CSO data also revealed that the GDP growth during 2018-19 fiscal year had con...

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IKEA Lets You Recreate Famous TV Rooms In Real Life

IKEA Lets You Recreate Famous TV Rooms In Real Life

Ironically titled the "Real Life Series", the living room sets have been carefully decorated to look nearly identical to the fictional shows - even though Ikea doesn't explicitly say so. Their descr...

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SF90 plug-in hybrid is Ferrari's fastest ever road vehicle

SF90 plug-in hybrid is Ferrari's fastest ever road vehicle

At least two prospective buyers from Singapore are in Italy to see the new Ferrari . This is now the fastest accelerating auto in Ferrari's history, capable of running 0-100kph in only 2.5 seconds....

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