Economy

Nissan board meets to end Ghosn's two-decade rule

Nissan board meets to end Ghosn's two-decade rule

Many in Japan bristle that Renault owns 43 percent of Nissan, while Nissan in turn owns just a 15 percent stake in its French partner which confers no voting rights. The detention house "is pretty c...

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Amtrak Train Comes Apart En Route To New York City

Amtrak Train Comes Apart En Route To New York City

The cars on the Adirondack train from Montreal to Penn Station disconnected from one another near the upstate city at about 7:20 p.m., Amtrak spokesperson Jason Abrams said. "It was insane. We thought...

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One of two winning Powerball tickets sold at Harlem deli

One of two winning Powerball tickets sold at Harlem deli

Powerball officials say tickets purchased in Iowa and NY match all six numbers in Saturday night's drawing. "So we checked it a number of times and sure enough they were the right numbers". After real...

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Ride-hailing could be coming to Squamish next year

Ride-hailing could be coming to Squamish next year

Premier John Horgan has previously said he expects the legislation to be passed in time for the Christmas holidays, but it may take a year or longer for ride-hailing to become a reality in B.C. "W...

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Facebook to pay to train newspaper reporters

Facebook to pay to train newspaper reporters

The social giant said the investment will enable the NCTJ to oversee the recruitment of around 80 trainee "community journalists" and place them at the heart of local newsrooms on a two-year scheme. T...

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Virginians prepare for record-breaking Thanksgiving holiday travel

Virginians prepare for record-breaking Thanksgiving holiday travel

On the West Coast, rain and snow could slow traffic Wednesday in much of California, Oregon and Washington. Unfortunately, New Yorkers will have it the worst. The agency is warning travelers to st...

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TSB names Debbie Crosbie as new boss after IT fiasco

TSB names Debbie Crosbie as new boss after IT fiasco

Crosbie, who is now group chief operating officer and executive director at CYBG, takes over from former chief Paul Pester, who was forced to fall on his sword following a bungled upgrade to a new com...

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Ikea to cut 7,500 jobs as customer behaviour changes

Ikea to cut 7,500 jobs as customer behaviour changes

Javier Quinones, country retail manager for Ikea in the United Kingdom and Ireland, said the company had to make hard decisions as it adapts to a "fast-changing retail environment". Ikea's parent firm...

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Northern Irish DUP party fires warning shot at UK PM May

Northern Irish DUP party fires warning shot at UK PM May

Brexit-backing ministers want her to press for clarity on how the United Kingdom can even do away with the backstop , which would see the nation remain in the customs union for a period after 2020, u...

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Bakkt delaying the launch of its Bitcoin futures platform to January

Bakkt delaying the launch of its Bitcoin futures platform to January

According to CEO Kelly Loeffler , the delay is meant to give the project more time to make sure that the platform is operationally sound at launch. She explained that there was still "work required t...

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Google Cloud CEO Leaving Next Year

Google Cloud CEO Leaving Next Year

Under Greene's leadership, Google Cloud has moved from having only two significant customers and a collection of startups to having major Fortune 1,000 enterprises betting their future on Google Cl...

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USA says China has 'not altered' unfair trade practices

USA says China has 'not altered' unfair trade practices

According to the updated USTR report, Beijing had made only incremental changes to its restrictions on foreign investment in certain sectors in China since the USA first released an original March r...

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Renault names interim CEO, stands by Ghosn

Renault names interim CEO, stands by Ghosn

Saikawa did say that Nissan was committed to the Renault-Nissan-Mitsubishi Alliance, and that was echoed in Renault's statement . Ghosn has worked for Renault since 1996, and has been its chairma...

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Southeast Asia’s internet economy to exceed $240bn by 2025

Southeast Asia’s internet economy to exceed $240bn by 2025

Thankfully, it notes that "the cost of one gigabyte of mobile internet has more than halved relative to the income of Southeast Asians over the last four years". Separately, 2018 is turning out to be ...

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MA recreational marijuana stores open Tuesday

MA recreational marijuana stores open Tuesday

The businesses, both existing medical marijuana dispensaries, open at 8 a.m. Crossing state lines with any marijuana is illegal at the federal level. Items for sale will include various strains of m...

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Gas prices falling in Denver just in time for Thanksgiving travel

In Pocatello, gas prices have fallen under $3.00 per gallon with prices of $2.85 per gallon at Costco and $2.89 per gallon at Fred Meyer. The increase in price compared to recent years should dissuade...

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Bitcoin Manipulation: US DOJ Probes Tether and Bitfinex Amidst Price Crash

Bitcoin Manipulation: US DOJ Probes Tether and Bitfinex Amidst Price Crash

Bloomberg cited sources that have alleged that these Tethers could have been used to buy bitcoin at crucial moments when the value of "more ubiquitous digital token dips". Recently, a University of T...

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Apple Cuts Production Orders for All 3 New iPhone Models

Apple Cuts Production Orders for All 3 New iPhone Models

Like Lumentum, Apple suppliers Qorvo and Japan Display have also cut their profit estimates, due to an unnamed large customer shrinking its orders - all three saw their stock value fall as a result....

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Which? reveals 87% of Black Friday bargains were cheaper earlier in year

Which? reveals 87% of Black Friday bargains were cheaper earlier in year

In what follows, we'll recap everything you should know about the Black Friday 2018 shopping season, including handy links to Black Friday ads, sales catalogs, opening times, shipping offers, and earl...

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Foster + Partners unveils plans for ‘sci-fi’ tourist tower The Tulip

Foster + Partners unveils plans for ‘sci-fi’ tourist tower The Tulip

If approved it will be twice as tall as the Gherkin and 250ft taller than the Heron Tower, the City record holder, but 16ft shy of the Shard, across the Thames in Southwark. If you can't stomach tha...

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Jeremy Hunt flies to Iran seeking releaseof charity worker

Jeremy Hunt flies to Iran seeking releaseof charity worker

Reuters reports , citing Iranian media, that Hunt will meet with his Iranian counterpart, Mohammad Javad Zarif, as well as the secretary of the Supreme National Security Council, Ali Shamkhani, an al...

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Best Cyber Monday 2018 deals: Business Bargain Hunter's top picks

Best Cyber Monday 2018 deals: Business Bargain Hunter's top picks

It isn't easy, but if you want to save money, it's worth it. To help you shop online for deals and offers during Black Friday 2018, we've prepared this simple guide that can answer some of your basi...

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Nissan chairman arrested on suspicion of 'financial misconduct'

Nissan chairman arrested on suspicion of 'financial misconduct'

The firm said it has also uncovered evidence of other "significant acts of misconduct" by Ghosn. Nissan added: "Numerous other significant acts of misconduct have been uncovered, such as personal ...

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Chipotle manager fired for asking customers to pay before ordering

Chipotle manager fired for asking customers to pay before ordering

Masud Ali posted the video on Twitter , showing the manager tell him and a group of black men that she wouldn't make their order until they paid. The video, which received more than 5 million vi...

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Apec divided over trade, fails to issue joint statement

Apec divided over trade, fails to issue joint statement

The focus of the two-day regional economic summit in the Papua New Guinea capital Port Moresby was whether the 21-member economies could reach consensus over how to combat the creeping protectionist...

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FBI investigating death of American woman on cruise ship

FBI investigating death of American woman on cruise ship

The US agency is working with local authorities to determine if a crime was committed, she said. The Royal Princess departed November 9 from Port Everglades on a 7-day Southern Caribbean cruise. T...

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Apple boss Tim Cook says tech regulation is 'inevitable'

Apple boss Tim Cook says tech regulation is 'inevitable'

What we've tried to do is come up with ways to help our users through their course of the day. It's not a ideal thing. The same goes for choosing a default search engine. During an interview with Axio...

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Editor's Take | RBI’s crucial board meeting: Will the rift end?

Editor's Take | RBI’s crucial board meeting: Will the rift end?

As the RBI's board of governors started their crucial meeting on Monday, Congress president Rahul Gandhi waded into the ongoing controversy over issues ranging from credit to the medium and small en...

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VW embarks on $50 billion electrification plan

VW embarks on $50 billion electrification plan

Major auto companies are ramping up their offerings of electric cars to compete with Tesla . And in Europe , manufacturers need battery-powered vehicles to meet tougher limits on carbon dioxide em...

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Nissan's Ghosn to be arrested in Japan for alleged financial violations

Nissan's Ghosn to be arrested in Japan for alleged financial violations

Nissan said the misconduct, which involved both Ghosn and Greg Kelly, the firm's representative director, came to light following a whistleblower report, prompting an internal investigation that the f...

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ICO Issuers Settle Registration Charges With SEC

ICO Issuers Settle Registration Charges With SEC

On November 16th, the SEC declared a settlement of charges against CarrierEQ Inc . and Paragon Coin Inc ., respective operators of the Airfox and Paragon Coin ICOs, for failing to register thei...

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RBI board meeting, earnings growth, MF industry, and more

According to reports, the effort could run into some resistance from the bank's independent directors who are nominated by the central government. Corporate India reported a good set of numbers duri...

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Stop sending mail and parcels, Canada Post asks foreign services

Stop sending mail and parcels, Canada Post asks foreign services

The offer was made with the expected influx of Christmas and other holiday orders in mind, the statement said. Canada Post said recent major shutdowns of parcel processing in Toronto and Vancouver h...

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Japan Airlines enacts tough alcohol rules after drunk pilot arrested

Japan Airlines enacts tough alcohol rules after drunk pilot arrested

Japan Airlines (JAL) pilots have failed breathalyser tests on 19 occasions since August past year, Japanese media reported, as the country's flagship carrier reels from the recent arrest of a co-pil...

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May's Brexit Deal is Fatally Flawed - Former UK Brexit Minister

May's Brexit Deal is Fatally Flawed - Former UK Brexit Minister

May has vowed to fight on, but with both pro-EU and pro-Brexit lawmakers unhappy with the draft agreement, it is not clear she will be able to win the backing of parliament for it, raising the risk Br...

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