Economy

China cuts taxes to bolster economy

China cuts taxes to bolster economy

The world's second largest economy will reduce value-added tax rates and hand out rebates in certain sectors to deal with a domestic slowdown. This year, China is to step up fiscal expenditure and i...

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Brexit deal result: Theresa May’s plan rejected by MPs in parliament

Theresa May gave herself 24 hours to save her premiership after her Brexit deal fell to the worst defeat by suffered by any government in British political history. "Later today we're going to have...

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M&S reveals next 17 stores in firing line for closure

M&S reveals next 17 stores in firing line for closure

M&S has today announced that it is consulting with 57 colleagues on the proposed closure of its Barrow store. The latest string of store closures come after a hard festive trading season for M&S, wi...

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Coinbase Offers Support For Ethereum Hard Fork

Coinbase Offers Support For Ethereum Hard Fork

A new release date for the network update will be announced after an Ethereum developer meeting on 18 January. In a statement , the Ethereum Core Developers and Ethereum Security Community said t...

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First Bitcoin Market Capitalization Achieves $0.00 (CRYPTO:BIT)

First Bitcoin Market Capitalization Achieves $0.00 (CRYPTO:BIT)

Bitcoin SV (BSV) traded 0.1% higher against the dollar and now trades at $78.47 or 0.02145514 BTC. Tether (USDT) traded 0% higher against the dollar and now trades at $1.02 or 0.00027552 BTC. Total...

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How Europe reacted to Brexit deal defeat

How Europe reacted to Brexit deal defeat

Mrs May lost her vote with 432 votes against compared to 202 in favour just moments ago. The UK is poised to leave the EU on March 29, two years after it triggered Article 50, the exit clause in the...

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Saudi energy minister says oil market on 'right track'

Saudi energy minister says oil market on 'right track'

Mazrouei also said he did not expect OPEC members Venezuela, Libya or Iran, who effectively have exemptions from the cuts, to increase their oil output in 2019, rather it was more likely their produ...

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Teenager falls to his death while attempting to climb cruise ship balcony

Teenager falls to his death while attempting to climb cruise ship balcony

The boy had forgotten his access card and slipped as he attempted to leap to his room's balcony. The Broward Medical Examiner's Office identified the victim as Laurent Mercer of the Wallis and Futun...

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Records broken by the Government's Brexit defeat

Records broken by the Government's Brexit defeat

What will happen if Theresa May loses the vote of no confidence? Mrs May will also speak in the debate and it will last until 7:00pm (6:00am AEDT). The MP refused to give Corbyn a timescale, sayin...

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China once again insists allegations against Huawei are

China once again insists allegations against Huawei are "fabrications"

The founder and chief executive of Huawei Technologies Co. denied that his company ever spied for China, according to The Wall Street Journal , even as the company faces worldwide scrutiny about its ...

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GM shows off images of Tesla rivalling all-electric SUV from Cadillac

GM shows off images of Tesla rivalling all-electric SUV from Cadillac

That platform, GM said, will allow the company "to respond quickly to customer preferences with a relatively short design and development lead time" due to its flexibility and variability. The potenti...

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Ford and Volkswagen launch global alliance

Ford and Volkswagen launch global alliance

Ford Motor Co., based in Dearborn, Michigan, would make the medium-sized pickups , one of its strengths, as well as larger vans. The tie-up, which starts with sales of vans and medium-sized pickups ...

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Oil Slumps Despite OPEC-Plus Production Cuts as Trump Tariffs Batter China

Oil Slumps Despite OPEC-Plus Production Cuts as Trump Tariffs Batter China

The Dow Jones recovered but failed to turn green, ending the trading session down 0.36%. China's crude imports in December surged almost 30 percent compared to a year earlier, Reuters calculations...

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Toronto Officially Has The Worst Bed Bug Problem In All Of Canada

Toronto Officially Has The Worst Bed Bug Problem In All Of Canada

Nearby Washington, D.C., nabbed second place on the list. Bed bug nymphs are approximately 1-4 mm in length - around the size of the head of a pin - and are white or a golden colour until they feed....

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Car, Truck Of The Year Revealed At The Detroit Auto Show

Car, Truck Of The Year Revealed At The Detroit Auto Show

The Ram was named North American truck of the year. The show was slower this year than in previous years-organizers touted dozens of new vehicles debuts at the show, but it lacked automakers such as...

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Pound swings wildly after May's Brexit deal defeated

Pound swings wildly after May's Brexit deal defeated

The defeat leaves May's leadership wobbling and the government with just a few days, until Monday, to come up with a "Plan B". Theresa May's Brexit deal has been rejected by Parliament by a majority...

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McDonald's loses case against Irish rival

McDonald's loses case against Irish rival

The Irish fast food company had claimed that McDonald's engaged in "trademark bullying" by registering brand names only to store them away "in a war chest to use against future competitors". The US ...

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Carlos Ghosn being held in 'draconian' conditions, wife claims

Carlos Ghosn being held in 'draconian' conditions, wife claims

Carlos Ghosn is being held in "draconian" conditions created to "coerce a confession", according to the wife of the former Nissan chairman who faces allegations of financial crimes while running th...

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New Gillette advert addresses 'toxic masculinity' and MeToo movement

New Gillette advert addresses 'toxic masculinity' and MeToo movement

Some have praised the message of the advert, which aims to update the company's 30-year-old tagline, but others say Gillette is "dead" to them. Well, a quick look at the YouTube comments (admitted...

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Trump slams Jeff Bezos over affair, calls him Jeff 'Bozo'

Trump slams Jeff Bezos over affair, calls him Jeff 'Bozo'

The "competitor" Trump was referring to in his tweet was the National Enquirer which published a story on Bezos's alleged fling with former TV anchor Lauren Sanchez . The tabloid was said to be in...

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Volkswagen Passat First Look: New Skin, Old Bones

Volkswagen Passat First Look: New Skin, Old Bones

A more contemporary instrument panel has been added, and there's a glass-covered touchscreen for the infotainment. New colors and premium materials complement the revamped interior. Optional driver-as...

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World’s biggest aircraft moves toward commercial model

World’s biggest aircraft moves toward commercial model

Hybrid Air Vehicles (HAV), based in Bedford, said it had received Civil Aviation Authority backing to start work on a new craft. Additionally, the BBC reported that the firm was given Design Organis...

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China December exports unexpectedly drop

China December exports unexpectedly drop

Beijing has also resumed purchases of at least 5 million tonnes of USA soybeans for delivery in the first months of 2019, following a truce between the two countries agreed on December 1. Imports of A...

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Volkswagen to invest $800 million, build new electric vehicle in US

Volkswagen to invest $800 million, build new electric vehicle in US

In addition to Chattanooga, VW is building its first dedicated EV production facility in Zwickau, Germany. Volkswagen said the first electric auto built at the Chattanooga facility will hit the mark...

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Air Traffic Controllers Buy Pizza for Unpaid American Counterparts

Air Traffic Controllers Buy Pizza for Unpaid American Counterparts

It all began with controllers in Edmonton sending pizzas across the border to colleagues in Alaska, and the idea has gained traction ever since with over 35 different air traffic control units in the ...

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Digital First wants to buy fellow newspaper owner Gannett

Digital First wants to buy fellow newspaper owner Gannett

Gannett shares popped more than 20 percent, to $11.70, on MNG's push for a sale. Gannett said Monday it received the letter, and its board will carefully review the proposal. It bought the Boston He...

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Tokyo-bound passenger gets gun through TSA checkpoint in Atlanta

Tokyo-bound passenger gets gun through TSA checkpoint in Atlanta

A representative for the Atlanta airport did not immediately respond to a request for comment on Monday. The passenger with the firearm eventually reported it to the airline, saying they had forgo...

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Woman Drinking Wine from Pringles Can Banned from Walmart 14 January 2019

Woman Drinking Wine from Pringles Can Banned from Walmart 14 January 2019

Police in Texas received a odd call on Friday that involved a woman drinking wine in the parking lot of a Walmart. Wichita Falls police spokesman Jeff Hughes says the woman had reportedly been ridin...

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Cadillac debuts first brand EV at Detroit Auto Show

Cadillac debuts first brand EV at Detroit Auto Show

Automakers have to sell electric vehicles at prices comparable to cars that run on gasoline or they wouldn't be able to achieve sales volume, Carlisle said. GM's future EV platform, which Cadillac w...

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Newmont Mining to buy Goldcorp in huge gold merger

Newmont Mining to buy Goldcorp in huge gold merger

Goldcorp said Monday it produced 2.3 million ounces past year, while Newmont has forecasted between 4.9 million and 5.2 million ounces for 2018. It has also promised initial cost savings of $100 milli...

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PG&E to File for Bankruptcy Amid Mounting Liabilities from CA Wildfires

PG&E to File for Bankruptcy Amid Mounting Liabilities from CA Wildfires

Simon is serving as interim chief executive officer for the company. The company said Monday that it has only about $1.5 billion in cash and cash equivalents on hand. In October 2017, a series of ...

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United Kingdom family forced to sit on floor on flight

Paula Taylor told the show that she, her husband and 10-year-old daughter had got to the airport early, in June, to make sure they were seated together. Paula Taylor added, however, that the co-pilot ...

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Apple demanded $1 billion for chance to win exclusive iPhone contract

Apple demanded $1 billion for chance to win exclusive iPhone contract

Those networks are expected to start rolling out this year and provide faster data speeds than current 4G networks. Antitrust regulators have argued the deal with Apple was part of a pattern of anti...

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Retail inflation slows to 18-month low of 2.19% in December

Retail inflation slows to 18-month low of 2.19% in December

Consumer price inflation fell to its lowest in 18 months in December 2018 following a persistent decline in food prices and a drop in fuel costs. The outcome was lower than a provisional 4.64 percent ...

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Samsung Galaxy M Series India-First Smartphones to Launch by January-End

Samsung Galaxy M Series India-First Smartphones to Launch by January-End

Data from research firm Counterpart indicates that Samsung , the world's largest smartphone manufacture, had a lower market share in India than Xiaomi for two of the first three quarters of previou...

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