Economy

Tesla slashes Model Y price amid pandemic

Tesla slashes Model Y price amid pandemic

For the most part, aside from the Model 3 Standard Range (and Plus), Tesla vehicles come in the Long Range and Performance "trims", both with AWD. Tesla Inc . Tesla claims it has full self-driving ...

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United Kingdom will place priority on national security in Huawei decision, minister says

United Kingdom will place priority on national security in Huawei decision, minister says

Culture Secretary Oliver Dowden has promised that the final decision will be mentioned after the meeting on Tuesday. Amid continued pressure to remove Huawei from communication networks entirely, th...

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Travelers to NY under quarantine must give contact information or face fine

Travelers to NY under quarantine must give contact information or face fine

New York City is the only region of the state that has not yet entered Phase 4, which permits malls, colleges and most businesses to open with restrictions. The forms, Cuomo says, will be handed out b...

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China imposes 'corresponding sanctions' on U.S. officials over Uighur Muslims

China imposes 'corresponding sanctions' on U.S. officials over Uighur Muslims

Others include Ambassador at Large for International Religious Freedom, Sam Brownback , U.S. Rep. Chris Smith , and the Congressional-Executive Commission on China - which monitors human rights and ...

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Conservatives call for Trudeau to testify at committee on WE Charity deal

Conservatives call for Trudeau to testify at committee on WE Charity deal

Trudeau said on July 8 that Canada had handled the outbreak better than the United States , in a rare public comment on the faltering us effort. "I know people have concerns about it, I get that". Th...

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Rivian Raises $2.5 Billion in Funding

Rivian Raises $2.5 Billion in Funding

The financing was led by funds and accounts advised by T. Rowe Price. Amazon has invested millions in Rivian . Rivian plans to launch three new models in 2021, including commercial delivery van...

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Dunzo suffers data breach; users phone numbers, email IDs exposed

Dunzo suffers data breach; users phone numbers, email IDs exposed

No payment information, like credit or debit cards etc. has been compromised, according to Jha. The Bengaluru-based startup's investigation suggests that the server of one of its third-party partners ...

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Coronavirus: Oil producers expected to increase crude output

Coronavirus: Oil producers expected to increase crude output

The report also noted that the resurgence of cases in some parts of the world, including the United States and Latin America, was "casting a shadow" over the outlook and threatened to derail a recover...

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Krispy Kreme offers dozen doughnuts to anyone whose birthday was during lockdown

Krispy Kreme offers dozen doughnuts to anyone whose birthday was during lockdown

I honestly can't argue with free Krispy Kreme doughnuts, and as an attention-points-hungry Gemini I'll 100% be sliding into my local Krispy Kreme shop to grab a dozen glazed babies to make up for the ...

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Thousands of Israelis protest in Tel Aviv against Netanyahu's response to pandemic

Thousands of Israelis protest in Tel Aviv against Netanyahu's response to pandemic

Hundreds of protesters threw eggs and stones at the police and targeted the city's public property. The event was organised by self-employed, small business and performing artists' groups angry at ...

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Wayfair Says There's

Wayfair Says There's "No Truth" to Human Trafficking Claims

Similar "utility-grade" cabinets to those sold on Wayfair's site retail for under $1,000, and while a few users ventured that the absurd prices were in lieu of listing the items as " out of stock ",...

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Ambani's Jio Receives $4 Billion Payment For Stake Sales

Ambani's Jio Receives $4 Billion Payment For Stake Sales

Jio Platforms houses RIL's telecom business under Reliance Jio Infocomm, the largest in the country with almost 400 million subscribers, besides other digital properties and investments. Jio Platf...

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Mukesh Ambani World’s 7th Richest, Overtakes Warren Buffet

Mukesh Ambani World’s 7th Richest, Overtakes Warren Buffet

Now, the Indian businessman adds another chapter - eclipsing the fortune of Warren Buffett . As per the latest Forbes data, Mukesh Ambani's net worth rose $2 billion on Friday and now stands at...

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USA stocks open slightly higher as investors weigh coronavirus impact

USA stocks open slightly higher as investors weigh coronavirus impact

Gilead Sciences announced on Friday that their antiviral Remdesivir was associated with an improvement in the clinical recovery and a 62% reduction in the risk of mortality. American Airlines flew 6.8...

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Ontario confirms 116 new cases of COVID-19, 7 more deaths

Ontario confirms 116 new cases of COVID-19, 7 more deaths

Two patients are now hospitalized with no one in the ICU. Sixty cases were among those aged 20 to 29; 45 in the 40-to-59 age bracket and 21 in those over 60. In the last seven days, from July 2 to J...

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Canada Adds Nearly a Million Jobs in June

Canada Adds Nearly a Million Jobs in June

Canadian employment bounced back by a further 952,900 jobs in June, compared with a consensus estimate of roughly a 700,000 advance. That's after a record high rate of 13.7% was experienced back i...

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Muji's USA business declares bankruptcy

Muji's USA business declares bankruptcy

But the company had also been grappling with losses due to high rent and other costs, and was taking steps to improve sales and renegotiate rent before the pandemic hit, it said. Bloomberg reported th...

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Partygoers Were Fined $18,000 After Ordering KFC | WiLD 94.9 | Crystal Rosas

Partygoers Were Fined $18,000 After Ordering KFC | WiLD 94.9 | Crystal Rosas

A group of partygoers in Dandenong got busted breaching Melbourne's strict lockdown protocols after ordering 20 people's worth of KFC. Victoria Police Chief Commissioner Shane Patton said the ea...

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Trump aides weighed proposals to undermine Hong Kong's dollar peg

Trump aides weighed proposals to undermine Hong Kong's dollar peg

That was a green light for emerging markets too. Earlier in the day, the Hong Kong Education Bureau has recommended that schools review their book collections and remove materials that might violate...

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Crystalline Silicon Solar Cells Market to witness an impressive growth during t

Crystalline Silicon Solar Cells Market to witness an impressive growth during t

This report also researches and evaluates the impact of Covid-19 outbreak on the Crystalline Silicon Solar Cells industry, involving potential opportunity and challenges , drivers and risks. The re...

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First Aston Martin DBX drives off production line

First Aston Martin DBX drives off production line

The first vehicle off the line comes just over four years since Aston Martin announced its investment in the new manufacturing facility at St Athan. The news is cheering for two reasons: one, no mat...

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Future of AirAsia in 'significant doubt', auditor Ernst & Young warns

Future of AirAsia in 'significant doubt', auditor Ernst & Young warns

It is also applying for a government guarantee loan under the Philippine Economic Stimulus Act (PESA). AirAsia and the worlds aviation industry is facing its biggest-ever crisis due to the covid-19...

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Wayfair shoots down conspiracy theory about child sex trafficking and expensive cabinets

Wayfair shoots down conspiracy theory about child sex trafficking and expensive cabinets

Wayfair on Friday rejected a conspiracy theory involving sex trafficking and expensive cabinets listed on its website. "Just saw #Wayfair was trending", wrote one user, sharing photos of storag...

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US Targets Soap But Not Wine in Counter to French Digital Tax

US Targets Soap But Not Wine in Counter to French Digital Tax

Global discussions of a digital tax were subsequently delayed by the Organisation for Economic Cooperation and Development due to the pandemic. Lighthizer said Thursday that the U.S. "These Digital ...

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No-deal Brexit would see food prices soar

No-deal Brexit would see food prices soar

Given the highly competitive nature of retail, the industry could not absorb all these increased costs, meaning the public would face higher prices, the British Retail Consortium (BRC) said. They st...

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Starbucks employee writes 'ISIS' on Muslim woman's cup

Starbucks employee writes 'ISIS' on Muslim woman's cup

Mr Hussein also argued in favour of both Target and Starbucks reinvesting in training their staff on appropriate ways to handle such situations. ISIS is the acronym for Islamic State of Iraq and Sy...

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2nd round of stimulus checks may have $40K cap

2nd round of stimulus checks may have $40K cap

There is no question that McConnell hopes to avoid direct payments to American taxpayers, but it is also clear that the coronavirus is not going away anytime soon-not until an effective vaccine is ma...

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1.31M US Jobless Claims - Lower Than Forecast

1.31M US Jobless Claims - Lower Than Forecast

The US now accounts for the world's highest number of infections and fatalities at 3,112,252 and 133,228, respectively. That is an increase of 33.5 percent over the prior week when 4,578 claims were f...

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Billionaire Musk's web truly worth zooms past Warren Buffett's

Billionaire Musk's web truly worth zooms past Warren Buffett's

Tesla's market value has been on the up for a while, but last week it reached dizzying new heights and is up 259 percent this year when compared to the benchmark S&P index's [the average performance ...

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Market Wrap, July 10: Heres all that happened in the markets todays

The US reported more than 60,000 fresh cases on Wednesday, the largest one-day increase by any country since the pandemic emerged in China a year ago. At 9:26 am, the Sensex traded 86.26 points - or 0...

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Indian economy getting back to normalcy, says RBI Governor Shaktikanta Das

Indian economy getting back to normalcy, says RBI Governor Shaktikanta Das

So far, there is uncertainty over when the supply chains will be restored, he added. Mr Das said economic growth is the "topmost priority" for the RBI , and "equal priority has to be given to the a...

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Boots to close Hadleigh high street branch in August 2020

Boots to close Hadleigh high street branch in August 2020

This comes after the loss of almost 9,000 high street jobs were announced last week due to redundancies at retailers including Harrods , the Arcadia group who own Topshop and SSP, the company behind ...

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Late night trip to KFC costs group of VIC party-goers $26000

Late night trip to KFC costs group of VIC party-goers $26000

Patton said that the KFC meals were for a birthday party and that police issued 16 infringements. Mr Patton said police busted a surprise birthday party after ambulance officers noticed two people o...

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Network operators warn of signal blackouts if Huawei equipment removed too quickly

Network operators warn of signal blackouts if Huawei equipment removed too quickly

Mr Dona said it would be "highly disruptive" for customers if the Government asked the firm to remove Huawei within two years and any swap would see customers "lose their signal", in some cases for "a...

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New Toyota Corolla Cross revealed as fresh-faced (sub-RAV4) SUV!

New Toyota Corolla Cross revealed as fresh-faced (sub-RAV4) SUV!

With "Corolla Meets SUV" being the key phrase for the development of the Corolla Cross , the model was designed as a new type of SUV that combines dignified sturdiness in the exterior, and utility in...

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