Economy

Fed tooled up for 'ordinary recession', eyeing new repo ops: Bullard

Fed tooled up for 'ordinary recession', eyeing new repo ops: Bullard

Daily threats and counter-threats in the trade war, or announcements or rejections of tentative deals, "are just the manifestations of ongoing negotiations and manifestations of the trade regime uncer...

by · Economy
Volkswagen delays final decision on Turkey plant

Volkswagen delays final decision on Turkey plant

According to previous reports, production launch was scheduled for 2022. Meanwhile, Skoda is in need of some extra capacity in its Kvasiny plant , where the Superb is now produced. Germany and France...

by · Economy
Donald Trump promises to 'swiftly destroy' Turkey's economy if necessary

Donald Trump promises to 'swiftly destroy' Turkey's economy if necessary

The anti-terrorism situation in Syria is still grim, and the relevant military operations could lead to the fleeing of terrorists and the resurgence of the Islamic State , according to Geng. But at...

by · Economy
China's exports fall, imports contract for fifth month

China's exports fall, imports contract for fifth month

The people asked not to be identified discussing the private negotiations. The S&P 500 Index was little changed, Europe's Stoxx 600 fell and the yen rose as investors grew pessimistic on the handsha...

by · Economy
International Monetary Fund cuts India’s FY20 growth forecast to 6.1%

International Monetary Fund cuts India’s FY20 growth forecast to 6.1%

The IMF projected the US would grow at 2.4% and 2.1% in 2019 and 2020 respectively - marginally revised upwards by 0.1 and 0.2 percentage points respectively from April projections. It said Canada's e...

by · Economy
Huawei will be part of Germany’s 5G network

Huawei will be part of Germany’s 5G network

Chinese gear maker Huawei on Monday said that it has deployed India's first Artificial Intelligence (AI ) based Massive MIMO optimization technology in the Vodafone Idea network. Huawei which h...

by · Economy
Here's What's Open & What's Closed On Thanksgiving Day In Toronto

Here's What's Open & What's Closed On Thanksgiving Day In Toronto

Launch the gallery to see all the stores that will be open on Thanksgiving, according to BestBlackFriday.com, and check back often, as this list will be updated as more stores announce their holiday p...

by · Economy
Rajnath Singh's

Rajnath Singh's "Suggestion" To Imran Khan Involves Army Going To Pak

Khan also told people at a "human chain" event in Islamabad that Indian Prime Minister Narendra Modi has "played his last card" by abrogating the special status of Jammu and Kashmir, Dawn reporte...

by · Economy

"China had no influence" on blitzchung's suspension — Blizzard

We absolutely are and I will explain. "In the future, I will be more careful on that and express my opinions or show my support to Hong Kong on my personal platforms". Chung has published a statement ...

by · Economy
Credit card spending increases year-on-year

Credit card spending increases year-on-year

Some credit cards will let you redeem your points for Airbnb gift cards. Building Your Credit Health is entirely under your control. For starters, you should have access to lower APRs with your ...

by · Economy
Santos (ASX:STO) aquires ConocoPhillips' northern Australia assets

Santos (ASX:STO) aquires ConocoPhillips' northern Australia assets

In addition to this, ConocoPhillips claims that it will also receive a payment of $75 million upon the final investment decision (FID) for the Barossa development project. Conoco completed the sale ...

by · Economy
Singapore Central Bank Loosens Monetary Policy; Signals More Easing

Singapore Central Bank Loosens Monetary Policy; Signals More Easing

Singapore eased monetary policy for the first time in over three years today as the US-China trade war bites, while the export-reliant economy narrowly avoided recession in the third quarter. The y...

by · Economy
Vodafone glitch leaves some customers with bills in the thousands

Vodafone glitch leaves some customers with bills in the thousands

Vodafone said the "technical error" has now been fixed. Since 2017, under European Union regulations United Kingdom consumers are able to use the minutes, texts and data included on their mobile pho...

by · Economy
Retail inflation rises to 3.99% in September due to costlier food items

Retail inflation rises to 3.99% in September due to costlier food items

Similarly, on a year-on-year basis, the Wholesale Price Index data furnished by the Ministry of Commerce and Industry showed a decelerating trend as inflation had risen to 5.22 percent during the corr...

by · Economy
Nicola Sturgeon: I’ll ask for referendum in weeks

Nicola Sturgeon: I’ll ask for referendum in weeks

Ms Sturgeon, the Scottish first minister, has repeatedly said that a Section 30 order would need to be granted by the United Kingdom government and the SNP must have a clear majority of the Scottish s...

by · Economy
Panera Worker Fired After Mac and Cheese Video

Panera Worker Fired After Mac and Cheese Video

In a statement to The Post , a Panera spokesperson defended the frozen food and its quality. The response to the video on TikTok was mixed: One called Panera "glorified hospital food", while othe...

by · Economy
Harley-Davidson to temporarily halt production of LiveWire electric motorcycle

Harley-Davidson to temporarily halt production of LiveWire electric motorcycle

The company is betting on electric motorcycles to attract the next generation of younger and more environmentally conscious riders in a bid to reverse declining USA sales. Harley's shares turned lower...

by · Economy
Toyota Intros AI-Powered Concept Car 10/14/2019

Toyota Intros AI-Powered Concept Car 10/14/2019

As expected from a concept vehicle, the LQ has tons of hi-tech features. Electric vehicle made in the dimensions of 4,530×1,840×1,480 mm with a wheelbase of 2,700 mm and a weight of 1680 kg, it accomm...

by · Economy
Volkswagen CEO Claims That the Shift to Electric Cars Won't Hurt Margins

Volkswagen CEO Claims That the Shift to Electric Cars Won't Hurt Margins

By doing this, the Germans intend to focus on developing their core brands - Volkswagen , Audi , and Porsche. "We shouldn't spread ourselves too thin", Diess told the newspaper. The German automak...

by · Economy
China auto sales fall again in 'Golden September' as turnaround hopes fade

China auto sales fall again in 'Golden September' as turnaround hopes fade

Thus, sales have remained lackluster in the "Golden September, Silver October" period when vehicles sales are traditionally seen picking up. That's down 5.2 percent from a year ago. Chinese auto sales...

by · Economy
Putin says no reliable information about who attacked Saudi oil plants

Putin says no reliable information about who attacked Saudi oil plants

Putin praised Saudi-Russian relations and condemned the Saudi Aramco attacks in a wide-ranging interview with Al Arabiya broadcast on Sunday ahead of his visit to the Kingdom. Saudi Arabia remains ...

by · Economy
EBay, Stripe join PayPal in exiting Facebook's cryptocurrency Libra

EBay, Stripe join PayPal in exiting Facebook's cryptocurrency Libra

On Oct. 8, senators Schatz and Brown sent public letters to Stripe CEO Patrick Collinson, Mastercard CEO Ajaypal Banga and Visa CEO Alfred Kelly regarding their participation in Facebook-led stablecoi...

by · Economy
Mack Truck workers begin strike

Mack Truck workers begin strike

The union accuses Mack Trucks, a Volvo Group subsidiary, of having "failed to provide any substantial offer" on sticking points including wage increases, job security, cost-of-living allowances, wage ...

by · Economy
The vaping crisis has a new name: EVALI

The vaping crisis has a new name: EVALI

CDC, US Food and Drug Administration, state and local health departments, and other clinical and public health partners are investigating the multistate outbreak of lung injury associated with use of ...

by · Economy
Porsche unveils the mid-range Taycan 4S EV

Porsche unveils the mid-range Taycan 4S EV

The single-layer Performance Battery with a total capacity of 79.2 kWh comes as standard. Breathtaking acceleration and tractive power typical of sports cars as well as outstanding continuously avai...

by · Economy
Jobless rate in Windsor increases to 6.2 per cent

Jobless rate in Windsor increases to 6.2 per cent

The story isn't as rosy in Alberta, where the employment rate sits at 6.6 per cent. But past year there were more people working in a larger labour force, with 40,100 people employed in a pool of 42,5...

by · Economy
Bluebell Ice Cream recalled due to discovered pieces of plastic

Bluebell Ice Cream recalled due to discovered pieces of plastic

Labels of the recalled ice cream can be viewed here. The FDA states that consumers who have purchased the item should return them to the place of purchase for a full refund. Another ice cream recall...

by · Economy
VW Atlas Cross Sport Adds Itself To SUV Coupe Segment

VW Atlas Cross Sport Adds Itself To SUV Coupe Segment

The Cross Sport's rear seat bests the bigger Atlas' second-row legroom by 2.8 inches, although VW doesn't say whether the bench slides or reclines. It is 78.3 inches wide and rides on the same 117.3-i...

by · Economy

"Twisted But...": Minister On "Rs. 120 Crore-A-Day" Remark On Economy

His comments stating that the economy was in sound shape since three films had collected Rs 120 crore in a single day had made him a target of incessant criticism. The minister should face reality, sh...

by · Economy
Alexa now speaks in Spanish, incorporating into multi-lingual mode

Alexa now speaks in Spanish, incorporating into multi-lingual mode

Spanish support has been expected , but it's been a long time coming - you can already talk to Alexa in Spanish if you live in Mexico and Spain (of course), but now the button has been pressed to e...

by · Economy
United Kingdom remains a long way from Brexit deal, says source

United Kingdom remains a long way from Brexit deal, says source

The two sides still remain far from a deal by the 31 October withdrawal deadline. The commission said in a statement that there had been "constructive technical-level" talks with the United Kingdom bu...

by · Economy
UAW boosts strike pay for GM workers as talks continue

UAW boosts strike pay for GM workers as talks continue

Strike pay was initially set to increase from $250 to $275 on January 1, 2020, but was moved up to Sunday after the weekend vote. "This is in light of the increase in strike pay which has given UAW...

by · Economy
This is what the new VW Golf will look like

This is what the new VW Golf will look like

But with the new Golf finally debuting later this month, VW has decided they better start doing a bit of promo for a auto which, whatever VW wishes, will be the mainstay of the brand for many years ...

by · Economy
SAP Appoints Co-CEOs as McDermott Steps Down

SAP Appoints Co-CEOs as McDermott Steps Down

Morgan most recently served as president of the Cloud Business Group, overseeing Qualtrics, SAP SuccessFactors, SAP Ariba, SAP Fieldglass, SAP Customer Experience and SAP Concur. Both Morgan and Klein...

by · Economy
Turkish media say forces capture town of Suluk in NE Syria

Turkish media say forces capture town of Suluk in NE Syria

The deaths brought to at least 38 the number of civilians killed on the Syrian side since start of the assault, according to the Observatory. It also plans to resettle more than three million Syrian...

by · Economy