Economy

Stocks down as markets react to new China tariffs, Brexit jitters

Stocks down as markets react to new China tariffs, Brexit jitters

On Sunday, the United States started charging 15% tax on about $112 billion of Chinese imports. China responded by charging tariffs of 10% and 5% on a list of USA goods. Declining issues outnumbered a...

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Argentina imposes currency controls to stem sharp drop in peso

Argentina imposes currency controls to stem sharp drop in peso

The central bank and the treasury on Sunday rolled out a series of restrictions for buying and transferring foreign currency overseas, as well as deadlines for converting dollar earnings from exports ...

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Dorian remains stationary over Bahamas, expected to stay off Florida's coast

Dorian remains stationary over Bahamas, expected to stay off Florida's coast

Despite its downgrade, Hurricane Dorian is still unsafe and expected to remain so in the coming days, according to the National Hurricane Center . A hurricane watch is in effect for areas north...

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VP Pence supports Irish backstop as necessary for Brexit deal

VP Pence supports Irish backstop as necessary for Brexit deal

Johnson would need the support of the main opposition Labour party to call a snap poll, as the law requires the backing of two-thirds of MPs. She was one of more than 20 Tory MPs who recently wrote...

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Under Media, Democrat Pressure, Walmart To Pull Handguns And Ammunition From Stores

Under Media, Democrat Pressure, Walmart To Pull Handguns And Ammunition From Stores

Additionally, Walmart announced that it would discontinue the sales of.223 and 5.56 rifle rounds, as well as handgun ammo, after selling its current stock. The nation's largest retailer has been facin...

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Chinese face-swapping app sparks privacy concerns, racks up millions of downloads

Chinese face-swapping app sparks privacy concerns, racks up millions of downloads

Zao is an deep fake app that lets you swap your own face for that of a celebrity in a video clip. The app, which uses so-called deepfake technology to synthesize moving images, was developed by C...

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Chaos erupts at Newark airport as travelers are evacuated from terminal

Chaos erupts at Newark airport as travelers are evacuated from terminal

Steve Coleman of the Port Authority of NY and New Jersey said 150 to 200 passengers in Terminal A "self-evacuated" on a ramp outside Gate 37 around 8:30 p.m. About an hour later the airport tweeted ou...

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Apple Watch may soon get expensive

Apple Watch may soon get expensive

Some Apple products such as AirPods, Apple Watch , HomePods and iMac computers were more anticipated to have more expensive since the new 15 per cent United States tariffs on Chinese goods came into ...

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Oil slides as U.S., China add more tariffs in trade war

Oil slides as U.S., China add more tariffs in trade war

The administration had largely avoided hitting consumer items in its earlier rounds of tariff hikes. President Donald Trump announced on August 23 that he would raise tariffs on hundreds of billio...

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Man sues Popeyes over fruitless (or chickenless) hunt for sold-out sandwich

Man sues Popeyes over fruitless (or chickenless) hunt for sold-out sandwich

If Popeyes Louisiana Chicken didn't have a big enough beef on its hands with its recent social media-fueled rivalry with Chick-fil-A, now the fast-food chain is being sued for selling out of its buz...

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No changes to the divorce deal agreed with Britain — EU reiterates

No changes to the divorce deal agreed with Britain — EU reiterates

Johnson has said he was encouraged in his bid to axe the backstop by recent meetings with German Chancellor Angela Merkel and French President Emmanuel Macron, who appeared to suggest an openness to a...

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Jobs at risk as Tata reveals plans to close Newport site

Jobs at risk as Tata reveals plans to close Newport site

The Orb Electrical Steels plant, owned by a European subsidiary of the Indian conglomerate Tata, is to shut after more than 120 years of steelmaking, beginning in 1898. It said it was not feasible to ...

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A Bugatti went 305 miles per hour. That’s a record

A Bugatti went 305 miles per hour. That’s a record

There's a long tail to aid high speed stability, and a new, fixed rear wing to replace the active version (which doubles as an air brake). This Bugatti Chiron is described as a near production prot...

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British manufacturing PMI hits seven-year low in August

British manufacturing PMI hits seven-year low in August

Output and total new orders continued to decline. An index measuring output, which feeds into a composite PMI due on Wednesday and seen as a good gauge of economic health, rose to 47.9 from 46.9 but...

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Macau casino revenue falls sharply

Macau casino revenue falls sharply

The figure was slightly lower than July's monthly revenue of 24.4 billion panaceas. JPMorgan Chase & Co. attributed the lackluster results, which was below its estimate of a 4%-6% decline, to softer...

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Government’s ‘Get Ready’ website warns United Kingdom travellers of post-Brexit border delays

Government’s ‘Get Ready’ website warns United Kingdom travellers of post-Brexit border delays

The slogan appeared on a huge billboard at Westfield shopping centre in Stratford, east London, on Sunday, a day after thousands protested across the United Kingdom at prime minister Boris Johnson's ...

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China, US kick off new round of tariffs in trade war

China, US kick off new round of tariffs in trade war

Trump appears determined to change the course of U.S. trade with China, to cut into the chronic wide trade surplus China has enjoyed over the U.S. In 2018, American firms bought $419 billion more in C...

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Three winning tickets share $9 million Lotto 649 jackpot

Three winning tickets share $9 million Lotto 649 jackpot

On Wednesday, 55-year-old Edmonton landscaper Bon Truong emerged 10 months after discovering he was a multi-millionaire, matching a record for the highest jackpot ever recorded in Alberta.

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Twitter’s CEO: Jack Dorsey’s Account Got Hacked and Recovered!

Twitter’s CEO: Jack Dorsey’s Account Got Hacked and Recovered!

The offensive messages - some posted directly by the @jack account, and others retweeted from other accounts - used the n-word and made anti-Semitic comments referencing the Holocaust. "If you can't p...

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Argentina imposes exchange controls to calm markets+

Argentina imposes exchange controls to calm markets+

Average Argentinians will need the authorization of the Central Bank of Argentina (BCRA) to buy US dollars in the coming months, the government said in a decree. Meanwhile, "exporters will have to sel...

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Don't walk out into Hurricane Dorian's eye, authorities warn

After hitting the Bahamas Sunday, the slow-crawling storm is expected to turn sharply and skirt toward the United States coast, staying just off Florida and Georgia on Tuesday and Wednesday and then...

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Kmart in Fargo closing in December

Its authenticity has not been confirmed. Instead, Ripon store employees were told to refer a reporter to the company's public relations office. Of the 11 Kmart and Sears stores soon going out of b...

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VW to pay US$100M, restate mileage in US gas-powered cars

VW to pay US$100M, restate mileage in US gas-powered cars

The affected models are the 2017 VW Tiguan 4 Motion, the 2013 to 2014 VW Touareg , the 2013 to 2016 Audi A8 and S8, the 2014 to 2016 Audi RS7, the 2013 to 2016 Bentley Continental GT and GTC, the...

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Air Canada ordered to pay $21K to francophones over language violations

Air Canada ordered to pay $21K to francophones over language violations

The case was filed in 2016 when Michel and Lynda Thibodeau were on an in-bound flight to Montreal and noticed that certain translations were omitted on signs and the boarding announcement was also mor...

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Austal hits record revenues and profits for 2019

Austal hits record revenues and profits for 2019

Austal's shares had risen 35¢, or 9.5 per cent, to $4.04 at 10.00am. It is the only foreign-owned prime contractor for the US Navy, and its shipyard in Mobile, Alabama, is the fifth-largest shipyard...

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India unveils mergers involving 10 state-owned banks

India unveils mergers involving 10 state-owned banks

We did not lose our identity and Indian Bank is rightly recognised for its self-driven growth. India is merging its state-run banks to form fewer and stronger lenders, as Prime Minister Narendra M...

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Apple iPhone 11 may go on sale from Sept 20

Apple iPhone 11 may go on sale from Sept 20

That said, it's also possible that the render above is actually a depiction of another rumored iPad device Apple has in the pipeline - a revamped iPad Pro. So, don't hold your breath if you like wha...

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Wall Street rises on trade hopes, strong consumer spending data

Wall Street rises on trade hopes, strong consumer spending data

Even so, the market closed out August with its second monthly decline this year, after May. United States stocks traded mixed, erasing much of the gains in morning sessions, as trade-sensitive share...

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New Supergirl-based roller coaster to open at Six Flags New England

New Supergirl-based roller coaster to open at Six Flags New England

The expanded event offerings will be located in the newly renovated area of the park, The Underground, where the new coaster , West Coast Racers, will soon open. Points can be redeemed for free food,...

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Unexplained difference of 13 cents found in BC gas prices: inquiry

Unexplained difference of 13 cents found in BC gas prices: inquiry

Premier John Horgan ordered the inquiry in May when prices at the pump reached a record-breaking $1.70 a litre, saying gas and diesel price increases were "alarming, increasingly out of line with th...

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Bank employees stage protest against Centre's decision to merge PSU banks

Bank employees stage protest against Centre's decision to merge PSU banks

The other merger announcements include Syndicate Bank with Canara Bank; Andhra Bank and Corporation Bank will be taken over by Union Bank of India and Indian Bank will merge with Allahabad Bank . S...

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Ford recalls 550,000 vehicles in North America

Ford recalls 550,000 vehicles in North America

Also included are some 2020 Explorer and Lincoln Aviator SUVs with rear seats with manual seat-back mechanisms. Affected vehicles may be missing the third pawl required for seatback strength. Th...

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Craig Wright Ordered to Pay Kleiman 50% of Jointly-Mined Bitcoin

Craig Wright Ordered to Pay Kleiman 50% of Jointly-Mined Bitcoin

If Wright doesn't have any coins, and never did, it would make his pronouncements that $2 billion of Bitcoin would need to be dumped to pay estate tax completely hollow. Since previous year, a lega...

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Toyota buys stake in Suzuki

Toyota buys stake in Suzuki

Toyota plans to acquire 24,000,000 shares of common stock in Suzuki (4.94 percent ownership of the total number of shares issued by Suzuki as of March 31, 2019 (excluding treasury shares) with ...

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Modi govt announces mega merger of banks to boost India’s flagging economy

Modi govt announces mega merger of banks to boost India’s flagging economy

So, what do the mergers mean for the bank customers? Bank of India and Central Bank of India will both be able to expand their national presences, she said, while Indian Overseas Bank , UCO Ban...

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