Economy

Brexit: Talks with Corbyn and short delay - Theresa May's next steps

In a statement released on Tuesday night, a DUP spokesman said: "The Prime Minister's lamentable handling of the negotiations with the European Union means she has failed to deliver a sensible Brex...

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Rajan Anandan Quits Google After 8 Year Stint To Join Sequoia

Rajan Anandan Quits Google After 8 Year Stint To Join Sequoia

Additionally, Anandan has been a prolific investor in early stage companies personally and is one of the early evangelists of the local internet market. "So it's a combination of both, we are a global...

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Singapore carrier grounds two Boeing jets over engine problem

Singapore carrier grounds two Boeing jets over engine problem

The carrier, in consultation with Rolls, identified other Trent 1000 TEN engines in its 787 fleet to undergo precautionary inspections, Singapore Airlines said in a separate statement. It said that it...

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Carbon Tax Kicks In For New Brunswick, Ontario, Saskatchewan And Manitoba

Carbon Tax Kicks In For New Brunswick, Ontario, Saskatchewan And Manitoba

Beginning April 1, the tax will increase the cost of gasoline by 4.4 cents per litre and the cost of diesel by 6.4 cents per litre. Saskatchewan says it will not apply the provincial sales tax on to...

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Oil rises to four-month high as OPEC output retreats again

Oil rises to four-month high as OPEC output retreats again

U.S. West Texas Intermediate ( WTI) crude rose 99 cents, or 1.61 percent, to settle at $62.58 a barrel, after touching $62.72, its highest level since November 7. There's an increasing sense that S...

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Venezuelan Constituent Assembly Approves Proceedings Continuation Against Guaido

Venezuelan Constituent Assembly Approves Proceedings Continuation Against Guaido

So far, however, Maduro has avoided jailing the man that the administration of U.S. President Donald Trump and roughly 50 other nations recognize as Venezuela's legitimate leader. The Constitution gua...

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China’s manufacturing industry experiences growth

China’s manufacturing industry experiences growth

The Caixin PMI is a private survey focusing on smaller businesses and offers a first glimpse into the operating environment. This followed an uptick in the official PMI, released over the weekend, a...

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Texas lawmaker: Illegal immigration at US-Mexico border creating 'chaos'

Texas lawmaker: Illegal immigration at US-Mexico border creating 'chaos'

Data from the US Department of Agriculture show that almost half of all imported vegetables and 40 per cent of imported fruits come from Mexico. In a tweet Monday, the president said "Democrats work...

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Supreme Court rejects RBI's circular on resolution of stressed assets

Supreme Court rejects RBI's circular on resolution of stressed assets

The RBI , through this circular, had directed the Banks to declare a borrowing Company a defaulter if a resolution plan was not arrived at within a period of 180 days. It said that if a resolution ...

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Elon Musk drops rap song

Elon Musk drops rap song

In case the title wasn't enough to figure out what's going on here, Meme Master Musk released a two-minute long parody track dedicated to the late Harambe , a gorilla at the Cincinnati Zoo who was ...

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Theresa May statement: PM says United Kingdom needs further extension to Article 50

Theresa May statement: PM says United Kingdom needs further extension to Article 50

He said: "I think the United Kingdom deal, the deal that our country has negotiated with the European Union remains head and shoulders above other options for how we might leave the European Union". T...

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New York Airport Bans Chick-fil-A

New York Airport Bans Chick-fil-A

Last month lawmakers in Texas barred Chick-fil-A from setting up shop at the San Antonio airport, much to the anger of Senator Ted Cruz . "A publicly financed facility like the Buffalo Niagara Inte...

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Amazon cuts Whole Foods prices and sweetens deal for Prime members - again

Amazon cuts Whole Foods prices and sweetens deal for Prime members - again

For example, the price of organic strawberries will drop by $2 to $2.99 per pound and the price of spiral-sliced ham will drop to $3.99 per pound, a savings of at least 33 percent. Prime members can a...

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Burger King testing out vegetarian Whopper

Burger King testing out vegetarian Whopper

In the spirit of the season, the company even pranked a bunch of beef devotees with their new burger, which you can watch above. "The people you will see here are real people, and these are their real...

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Kellogg selling Keebler, other brands for $1.3 billion

Kellogg selling Keebler, other brands for $1.3 billion

According to the Associated Press, the Keebler brand, along with Mother's and Famous Amos cookie brands will be part of the sale. "The Ferrero Group. "Divesting these great brands wasn't an easy dec...

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Rakuten expects big gain from Lyft stake

Rakuten expects big gain from Lyft stake

The offering was 20 times oversubscribed , similar to other high-profile IPOs . Fast forward to August after its March debut the company had lost 50 percent of its value. That makes the firm the big...

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Restaurant operator reports payment card data breach

The company says its investigation suggests hackers were able to install malware on some of its point-of-sale systems in some of its restaurants. Also in its statement , Earl Enterprises said that ...

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National Enquirer: Bezos' girlfriend's brother 'single source' for reports

National Enquirer: Bezos' girlfriend's brother 'single source' for reports

Bezos accused the tabloid of trying to blackmail him prior to publishing the article, a claim which the company denies. In an op-ed for The Daily Beast , de Becker recalled AMI's email to Bezos...

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McDonald's 'launch' McPickle burger and everyone actually wants one

McDonald's 'launch' McPickle burger and everyone actually wants one

The fast food giant took to its official Instagram account on Monday to announce it would be launching a McPickle Burger in Australia . Sharing a video of the (absolutely delicious looking) b...

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Australia's housing downturn propelled by elite urban areas

Australian housing prices have continued to fall, but at a slightly slower pace in the last four months, according to property analysts CoreLogic. "No doubt, some prospective buyers and sellers are ...

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Burger King Tests New Impossible Whopper At Select Locations

Burger King posted a video demonstrating this sentiment showing customers eating the Whoppers with the vegan patty and their reactions to it. "Around the taste, around the brand recognition, around th...

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Google Maps brings snake back for April Fools

Google Maps brings snake back for April Fools

Google said the smartphone version of Snake will be live for a week, but the standalone website will remain online for those who need their fix of early cellphone nostalgia. You can play in a n...

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Turkey’s president suffers setback in big cities at local elections

Turkey’s president suffers setback in big cities at local elections

But minutes later, the AKP provincial head in Istanbul said Yıldırım had won by about 4,000 votes. Speaking in Istanbul , Erdogan said the ruling party "emerged as the winner" but conceded the ...

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Rees-Mogg fears UK's May will add customs union to Brexit deal

Rees-Mogg fears UK's May will add customs union to Brexit deal

Britain could be out of the EU by 22 May if the Commons backs a customs union in Monday night's indicatives votes , according to officials close to the Brexit negotiations in Brussels. Public vote t...

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Facebook increases transparency, gives users greater control over News Feed

Facebook increases transparency, gives users greater control over News Feed

Facebook says the feature - which will be rolled out to all users by May 2 - will help you have more control over what you see from friends, pages and groups. You'll get shortcuts to controls to help ...

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Rare glimpse into Saudi Aramco shows $111 billion net profit

Rare glimpse into Saudi Aramco shows $111 billion net profit

Meanwhile Moody's said the company's net income totals $111.1 billion, while its revenue stood at $355.9 billion. Saudi Aramco was the world's most profitable company in 2018, easily surpassing ...

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New York Becomes Second State to Ban Plastic Bags

New York Becomes Second State to Ban Plastic Bags

Both houses took breaks at around 6:30 p.m., ahead of what was anticipated to be their toughest votes, on a revenue bill weighed down with controversial proposals including criminal-justice reforms an...

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Southwest, Delta reporting system-wide computer outages

Southwest, Delta reporting system-wide computer outages

Several other airlines, including United, JetBlue, Alaska and Delta , were also impacted, according to the Federal Aviation Administration. He said even the PA system in the waiting area wasn't worki...

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Australian property downturn spreads as most capital cities record falling values

Lawless said that the housing market has recently shown some tentative signs that the downturn in dwelling values is losing some steam. The quarterly trend in dwelling values is showing a similar pa...

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Debenhams secures £200m lifeline with lenders

Debenhams secures £200m lifeline with lenders

The money has been divided into two tranches, with Debenhams getting £101m now and another £99m when its long-term future has been secured. Ashley has until April 8 to make his move. Despite the dea...

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Big W to shut 30 stores across the country

Big W to shut 30 stores across the country

In its report last month , Macquarie noted that half of Big W's stores are located in challenging centres, many of which are regional, and that these locations are unlikely to give the brand the sa...

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DoorDash driver caught sipping milkshake before delivering order

DoorDash driver caught sipping milkshake before delivering order

The Malhotras didn't know what had happened until the next morning when they checked their doorbell camera footage. You may want to think twice before using an on-demand food delivery service , esp...

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Canada Weekly Rig Count Down 17 to 88

Canada Weekly Rig Count Down 17 to 88

Gas rig count 190 vs 192 last week. This week's numbers represent the largest weekly rig cut in three years. The number of rigs operating in US oil fields fell by eight to 816 this week, and more th...

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Govt hikes petrol price by Rs6 a litre

Govt hikes petrol price by Rs6 a litre

This increased the contribution on the Basic Fuel Price of petrol, diesel, and illuminating paraffin by between 28c/l and 30c/l, the department said. A statement on QP website showed that premium gr...

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United States personal incomes grow more slowly than expected in February

United States personal incomes grow more slowly than expected in February

Gross domestic product forecasts for the first quarter are as low as a 0.9 percent annualized rate. In the 12 month through January, the PCE price index rose 1.4 percent, the smallest rise since Sep...

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