Economy

Air Canada Boeing 737-8 MAX suffers engine issue

Air Canada Boeing 737-8 MAX suffers engine issue

Visit Business Insider's homepage for more stories . Although there have already been some Alaska 737 MAX 9s produced and painted in the airline's livery, the carrier had not taken delivery of any o...

by · Economy
Ontario hits record daily high with 2,447 new COVID-19 cases

Ontario hits record daily high with 2,447 new COVID-19 cases

The province has reported 16,143 COVID-19 cases in the last seven days (since December 17). The previous single day high for new COVID-19 infections was set on December 17 with 2,432 cases. They als...

by · Economy
Brexit: UK and European Union can have 'special relationship', says Michael Gove

Brexit: UK and European Union can have 'special relationship', says Michael Gove

Speedily approving the deal is essential, since a transition period during which Britain continued to trade by European Union rules despite its January 31 departure from the bloc runs out on New Yea...

by · Economy

English COVID infections rise again, 1 in 85 people infected

London has seen the highest increase in case rates per 100,000 population among various regions in England with 602.2 in week 51 compared to 361.8 in the previous week, according to the latest figure...

by · Economy
Nuro Gets California’s First Agreement to Charge Money for Autonomous Driving Services

Nuro Gets California’s First Agreement to Charge Money for Autonomous Driving Services

Nuro said the vehicle's software is programmed to prioritize humans over its cargo at all times for an added layer of safety. Nuro has expanded its fleet of self-driving delivery vehicles from 5 ...

by · Economy

Ontario reports new record daily high of 2,447 COVID-19 cases

In total, there were 2,447 new cases with 64,592 tests completed. The province's previous daily high was 2,432 infections reported on December 17. The modeling also showed that under worst-case sc...

by · Economy
Alibaba’s US-listed shares tumble most ever on China’s anti-monopoly probe

Alibaba’s US-listed shares tumble most ever on China’s anti-monopoly probe

It echoed the losses overnight in Asia, where the company's Hong Kong-listed shares closed 8.1% lower. Energy stocks, including Exxon Mobil Corp and Chevron Corp, rose slightly in premarket trade, t...

by · Economy
India appeals against Vodafone arbitration award in Singapore court

India appeals against Vodafone arbitration award in Singapore court

The three-member worldwide arbitration tribunal in The Hague, which also comprised a nominee of the Indian government, unanimously ruled that India's claim of Rs 10,247 crore in past taxes over a 2006...

by · Economy
UPS truck driver killed during assault in Watertown

UPS truck driver killed during assault in Watertown

The victim later died of his injuries at hospital. The murder took place around 10:36 p.m., Tuesday, Dec. 22, in Litchfield County on Route 8 northbound near Exit 37 in Watertown, said state police....

by · Economy
$2,000 stimulus checks for COVID relief could get approval today

$2,000 stimulus checks for COVID relief could get approval today

Thursday's failed vote was just the latest chapter in the ongoing saga of lawmakers' attempts to pass a massive stimulus package created to provide economic relief amid the crippling Covid-19 pandem...

by · Economy
UK, EU negotiators reach outline of post-Brexit trade agreement

UK, EU negotiators reach outline of post-Brexit trade agreement

May said it "provides confidence to business and helps keep trade flowing". The cost of the deal is vast, agrees Dr. Theofanis Exadaktylos, senior lecturer in European Politics at the University of ...

by · Economy
Wall St opens higher as weekly jobless claims drop

Wall St opens higher as weekly jobless claims drop

The Kospi in Seoul climbed 0.6% to 2,751.30 and Australia's S&P-ASX 200 was 0.5% higher at 6,630.30. "Although some reshuffling of portfolios in emerging Asia was to be expected ahead of the holiday...

by · Economy
Sainsbury's Warns Of Fresh Fruit And Veg Shortage Within Days

Sainsbury's Warns Of Fresh Fruit And Veg Shortage Within Days

Some shoppers were left queuing for hours to enter the stores, with some telling ITV News that they spent more time queuing to get into the supermarkets than they did shopping. "All the products for t...

by · Economy
Trump slams COVID relief bill, suggests he won’t sign it

Trump slams COVID relief bill, suggests he won’t sign it

Republicans and Democrats have been negotiating a coronavirus stimulus rescue package since July and Mr Trump - who has largely stayed out of the talks - had been expected to sign the legislation into...

by · Economy
Alibaba being investigated by China over monopoly tactics

Alibaba being investigated by China over monopoly tactics

Shares in Alibaba fell almost 9% in Hong Kong on Thursday morning. Regulators including China's central bank also said they would demand discussions with Ant Group over consumer issues. Alibaba'...

by · Economy
Non-essential shops to close in Jersey on Christmas Eve

Non-essential shops to close in Jersey on Christmas Eve

The following two days, Christmas Day and Boxing Day , are official state holidays. Government guidance says shops have to close on Christmas Day and Easter Monday, and operate on reduced hours o...

by · Economy
Bitwise dumps XRP investment amid SEC lawsuit against Ripple

Bitwise dumps XRP investment amid SEC lawsuit against Ripple

Crypto Platforms Delist XRP, Will More Follow? XRP has plunged since the charges came to light. At the time of writing (11:04 UTC), XRP, the worst performing coin among the top 280 cryptoassets by ...

by · Economy
Gold Price Today: Gold declines Rs 252; silver tumbles Rs 933

Gold Price Today: Gold declines Rs 252; silver tumbles Rs 933

The price of gold has increased by Rs 10 per 10 grams for both the qualities of gold in cities like Delhi , Chennai and Kolkata as well. Gold jewellery price varies across India, the second...

by · Economy
US airport traffic rising despite holiday travel warnings

US airport traffic rising despite holiday travel warnings

US airports have screened more than one million people a day only four times since mid-March, with three of those times around Thanksgiving. "To the extent possible, don't travel, don't congregate...

by · Economy
Two passengers leave plane by emergency slide before takeoff from NYC

Two passengers leave plane by emergency slide before takeoff from NYC

The dog , who The New York Post reported was named Rain, was turned over to an animal shelter. I asked them three or four times to let me off. Greco was provided a receipt to retrieve the dog, Va...

by · Economy
Google undertaking for Fitbit buy fails to gain ACCC support

Google undertaking for Fitbit buy fails to gain ACCC support

But the Australian Competition and Consumer Commission said it was not prepared to accept a similar court-enforceable undertaking from the Silicon Valley tech giant. Now, the ACCC has rejected Googl...

by · Economy
Innovative batteries might power Apple Car by 2024

Innovative batteries might power Apple Car by 2024

Things looked up for Project Titan in 2018, when Doug Field, who worked at Tesla, returned to oversee the project. Apple's main goal of being able to build a certain personal vehicle in order fo...

by · Economy
Oil drops as new coronavirus variant revives demand fears

Oil drops as new coronavirus variant revives demand fears

But a new Covid-19 strain, said to be up to 70% more transmissible than the original , has led European countries and Canada to shut their borders with the UK. Oil gained support from US Congress a...

by · Economy
Confident vaccine effective against new coronavirus variant, says BioNTech CEO

Confident vaccine effective against new coronavirus variant, says BioNTech CEO

Authorities in Germany and several other European countries have said they hope to begin vaccinating people on December 27. According to Muhyiddin, the country's National Pharmaceutical Regulatory...

by · Economy
Microsoft participates in $100 million funding round for Josh, India's TikTok

Microsoft participates in $100 million funding round for Josh, India's TikTok

The new financing round has helped the 18-month-old Glance to become the fastest company to reach a unicorn status or a startup valued at more than $1 billion, according to the industry sources. The s...

by · Economy

Google Pay redesign streamlines payments, 'Plex' bank account integration coming in 2021

Google has been working hard on improving Google Pay lately, and earlier this week the service launched in new markets, including in Romania, Austria, Bulgaria, Greece, Hungary, and Portugal. Aliba...

by · Economy
EU's Barnier Vows To Give Brexit Trade Talks

EU's Barnier Vows To Give Brexit Trade Talks "Final Push"

To organize the response to this sudden isolation, Boris Johnson is to chair a crisis meeting in the afternoon "to discuss the situation concerning global travel and in particular the regular flow o...

by · Economy
Tesla stock falls as it joins the S&P 500 today

Tesla stock falls as it joins the S&P 500 today

Tesla , set to start trading as a member of the S&P 500 Index on Monday, had an eight-fold surge this year. However, while Monday may be a boon for Tesla, maintaining its surging market value may pr...

by · Economy

Pfizer Claims Early Analysis Shows Its COVID-19 Vaccine is 90% Effective

The shots are made by Pfizer and its German partner BioNTech . The interim analysis, from independent data monitors, looked at 94 infections recorded so far in a study that has enrolled almost 44...

by · Economy
Delhi HC declines Future Retail's plea for injunction order against Amazon

Delhi HC declines Future Retail's plea for injunction order against Amazon

It cut a deal with Reliance Industries Ltd (RIL) to sell assets for?24,713 crore. Amazon, which owns 9.83 percent equity in Future Retail , has contested the deal. As part of that deal, Future co...

by · Economy
Much Of UK Sees New Lockdown As New Coronavirus Variant Spreads Quickly

Much Of UK Sees New Lockdown As New Coronavirus Variant Spreads Quickly

The new variant of coronavirus that has prompted the move of London and the South East into Tier 4 has already spread to other parts of the United Kingdom, a public health leader has warned. Dr Ho...

by · Economy
Sensex drops over 200 pts in early trade: Nifty slips below 13700

Sensex drops over 200 pts in early trade: Nifty slips below 13700

Major gainers in the 30-share index were Infosys (1.14%), HCL Technologies (1.13%), Sun Pharmaceutical Industries (0.69%), Tech Mahindra (0.69%), Reliance Industries (0.52%), and Tata Consultancy Serv...

by · Economy
Google Plex reinvents banking for regular folks

Google Plex reinvents banking for regular folks

The app also simplifies promo offers and discounts - Burger King, Etsy, REI Co-op, Sweetgreen, Target, Warby Parke and more have signed up to offer deals through Pay. Once that's all sorted though, yo...

by · Economy
Devon Dalio, son of billionaire Ray Dalio, dies in car crash

Devon Dalio, son of billionaire Ray Dalio, dies in car crash

Fire Chief Joseph McHugh said Friday he believes the blaze was likely a result of the gas tank rupturing as Dalio drove into the store, which Greenwich Police spokesman Mark Zuccerella said was "compl...

by · Economy
Tesla shares surge to new high on S&P 500 inclusion

Tesla shares surge to new high on S&P 500 inclusion

Although the electric carmaker's eye-watering rally has pushed its shares near 170 times the consensus 2021 earnings estimate, its addition will only have a minimal impact on the benchmark's valuation...

by · Economy