Economy

Sombre EU leaders sign Brexit withdrawal agreement

Sombre EU leaders sign Brexit withdrawal agreement

Despite Johnson's repeated promise to "get Brexit done" on January 31, the day of departure only marks the start of the country's exit from the EU. The Prime Minister put pen to paper on the Withd...

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Greta Thunberg rejects U.S. Treasury chief's degree dig

Greta Thunberg rejects U.S. Treasury chief's degree dig

Mnuchin was asked about Thunberg's calls to divest from fossil fuels. Other netizens sided with the Secretary of the Treasury and opined that the 17-year-old is used by left-wing parties to push thr...

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Utah reports lowest unemployment rate ever

The fastest growth by percentage occurred in construction (9.5%), education and health services (6%) and leisure and hospitality services (3.8%). The nation's unemployment rate also remained unc...

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Greta Thunberg says her 'demands' to Davos billionaires 'have been completely ignored'

She called her clashes with Trump "horrible" but added: "We can't care about those types of things". She cautioned that while world does not treat, "this crisis as a crisis, and as long as the facts...

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Donald Trump Is Having a Full-on Impeachment Meltdown on Twitter

Donald Trump Is Having a Full-on Impeachment Meltdown on Twitter

Responding to the impeachment managers' case, Republican senators and members of the defence team said on Thursday that the Democrats had essentially invited them to do so. Democrats who said th...

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ECB Leaves Rates Unchanged, As Expected; Euro Stable

ECB Leaves Rates Unchanged, As Expected; Euro Stable

But the outlook for euro zone growth and inflation remains lukewarm, meaning the European Central Bank is likely to strike a cautious tone by reaffirming its warning about "downside risks" to the ec...

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Who is most likely to catch China's coronavirus?

Who is most likely to catch China's coronavirus?

A World Health Organization team is already "on the ground in China" and "working with local experts and officials to investigate the outbreak and get more information", revealed Dr. All the patie...

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Will WHO declare coronavirus outbreak public health emergency?

The announcement comes just a day before the Lunar New Year's Eve, the beginning of the country's peak travel rush, when hundreds of millions of people travel home to be reunited with their families. ...

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Trump Says He'll Weigh Europe Auto Tariffs Without Trade Deal

Trump Says He'll Weigh Europe Auto Tariffs Without Trade Deal

He's for China, I'm for the USA, but other than that we love each other. President Trump is touching on the potential impacts of the new Phase One trade deal with China. "And I would be very sur...

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British royal Prince Charles meets climate activist Greta Thunberg

British royal Prince Charles meets climate activist Greta Thunberg

This is a time for optimism. "To embrace the possibilities of tomorrow, we must reject the perennial prophets of doom and their predictions of the apocalypse" Trump said . "He then gave a speec...

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Facebook Points Blame at Smartphone Vulnerabilities in Bezos Hacking

Facebook Points Blame at Smartphone Vulnerabilities in Bezos Hacking

Khashoggi, a journalist heavily critical of Riyadh's dictatorial schemes, worked with The Washington Post, that Bezos owns. The iPhone hack was allegedly meant to provide the crown prince with enoug...

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Stocks fall as investors worry about virus outbreak in China spreading

Stocks fall as investors worry about virus outbreak in China spreading

Gains in technology, financial and health care stocks were offset by losses in industrial, energy, real estate and other sectors. Investors had their eye on an global effort by health authorities to...

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HS2 costs could rise to £106bn, says leaked review

HS2 costs could rise to £106bn, says leaked review

So how does HS2 now fit into the grand plan for economic growth outside London? A Department for Transport spokesperson said: 'A draft of the Oakervee Report was delivered shortly before Christmas. ...

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Cruise's self-driving electric shuttle is made for ridesharing

Cruise's self-driving electric shuttle is made for ridesharing

The startup went on to raise billions more in outside funding. The general sense is that GM is looking for a long-term payback of its Cruise investment. "Most of us are still burning up the atmosphe...

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Supermarket chain to exit Australia

Supermarket chain to exit Australia

A German supermarket chain set to aggressively compete with Australian stores has made the shock decision to pull out of the country, leaving more than 200 local employees in limbo. More than a superm...

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IoT Startup Skylo Raises $103 Mn From Consortium Led By SoftBank

IoT Startup Skylo Raises $103 Mn From Consortium Led By SoftBank

Skylo's backers include SoftBank Group Corp., DCM Ventures, Moore Strategic Ventures and Innovation Endeavors, the venture capital fund of former Alphabet Inc. The global machine connectivity solutio...

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EXPLAINED: What we know so far about the new China virus

EXPLAINED: What we know so far about the new China virus

The World Health Organization is meeting tomorrow to decide whether to declare the outbreak a public health emergency. The coronavirus is transmitted via the respiratory tract and there "is th...

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Allegations bite into business of 'Africa's richest woman'

Allegations bite into business of 'Africa's richest woman'

Eurobic, which was already under investigation from the central bank over its links to dos Santos, said it made a decision to end its business relationship with all entities controlled by the billiona...

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Wuhan shutting down to curb spread of virus

Wuhan shutting down to curb spread of virus

Wuhan city officials reportedly ordered city buses and boats to temporarily stop operating. In Wuhan, a city of 11-million people in central China , and the centre of the outbreak, authorities have...

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AOC: Billionaires Take Money, They Don't Make It

AOC: Billionaires Take Money, They Don't Make It

Speaking to author Ta-Nehisi Coates at the annual MLK Now event , Ocasio-Cortez took issue with Coates calling the Democrats the United States' "left party". Instead, Ocasio-Cortez is attempting...

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Pipeline protest impacts traffic at BC Ferries terminals

Pipeline protest impacts traffic at BC Ferries terminals

The 7 a.m. sailing out of Swartz Bay and the 7 a.m. sailing out of Tsawwassen have both been impacted at this time, along with Southern Gulf Island sailings out of Otter Bay and Village Bay, due to ka...

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U.S. threatens retaliation if United Kingdom introduces tech tax

U.S. threatens retaliation if United Kingdom introduces tech tax

U.S. treasury secretary Steve Mnuchin has threatened new tariffs on United Kingdom carmakers after the chancellor defied pressure to cancel a new tax on tech firms. "They have no choice", he said. ...

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Chinese virus-hit city of Wuhan closes transport networks, state media says

Chinese virus-hit city of Wuhan closes transport networks, state media says

Chinese authorities have discovered that the virus likely can be transmitted not only from animal to person but also from person to person. A sharp spike in cases has been detected as travelling ...

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Tesla market value passes Volkswagen to hit $100bn

Tesla market value passes Volkswagen to hit $100bn

Musk, 48, has built a commanding lead selling electric vehicles over established automakers. Volkswagen delivered nearly 11 million vehicles a year ago, while Toyota sold more than 9 million in th...

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Russian spy posing as ‘plumber’ found in Davos, claim police

Russian spy posing as ‘plumber’ found in Davos, claim police

Officials from the Graubünden cantonal police department told the Financial Times that authorities found two men with Russian diplomatic passports during a routine identity check in August 2019, a...

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Amid Controversy, Jeff Bezos Chooses To Focus On India Positives

Amid Controversy, Jeff Bezos Chooses To Focus On India Positives

In a bid to woo small and medium-scale traders in India , Jeff Bezos also delivered an Amazon package to a local kirana store in Mumbai on Saturday and shared his experience through the social me...

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After tweaks, Trump trial format will be similar to Clinton

After tweaks, Trump trial format will be similar to Clinton

Trump ally and Senate Leader Mitch McConnell has come under heavy fire for the rules he has proposed for the trial. "It is the President's belief that ... The White House had instructed officials not ...

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Impeachment Trial Opens as Democrats Accuse GOP of

Impeachment Trial Opens as Democrats Accuse GOP of "Cover-Up"

No, impeachment expert Sarah Burns with the Rochester Institute of Technology tells me. After almost a month-long standoff, the two articles of impeachment were sent to the Senate last week, set...

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Trump's impeachment trial begins today

Trump's impeachment trial begins today

Trump has pulled the USA out of the Paris accord to limit climate change and has traded barbs with Thunberg on social media. Speaking in the afternoon, Thunberg brushed aside Trump's announcem...

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Cabinet to meet in the North to mark Brexit day

Cabinet to meet in the North to mark Brexit day

President Abdel Fatah al Sisi was received by some of the members of the Egyptian community in Britain, shortly after leaving the German capital of Berlin where he participated in a summit on troubled...

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International Monetary Fund cuts SA's 2020 growth forecast

International Monetary Fund cuts SA's 2020 growth forecast

Last week, the government predicted 5% Gross Domestic Product growth rate for 2019-'20 - the lowest in 11 years. It also projected slower growth rate globally-its new projections estimate growth a...

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'Green Swan': Bankers warn of climate change risks

'Green Swan': Bankers warn of climate change risks

The BIS noted central banks alone cannot mitigate the risks of climate change but can help governments, the private sector, civil society and the worldwide community cooperate by coordinating such pol...

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South Korea considering an income tax for crypto gains

South Korea considering an income tax for crypto gains

Are crypto profits to be labelled as "prize winnings"? At the same time, countries like Switzerland and Germany become a haven for as they openly invite investors with the promise of lower taxes . T...

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Food Delivery App Zomato Acquires Uber Eats for Rs. 2,485 Crore

Food Delivery App Zomato Acquires Uber Eats for Rs. 2,485 Crore

According to sources close to the deal, the deal is in the range of almost $350 million or Rs 2,500 crore. The deal is applicable only in India and Uber Eats will continue to operate in Bangladesh...

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Thunberg tells Davos climate awareness is only first step

Thunberg tells Davos climate awareness is only first step

Speaking about the climate action movement, Greta said: It wasn't only me, but all these young people pushing together.to form these alliances. The White House has also confirmed the Khan-Trump meet...

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