Economy

Top Executives of Delisted Canadian Payment Processor Charged with Fraud

Top Executives of Delisted Canadian Payment Processor Charged with Fraud

District Court in Las Vegas. "The defendants are charged with enriching themselves by helping fraudsters who took money from elderly and otherwise vulnerable victims", said Jody Hunt, assistant atto...

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Air Canada Passenger Left Alone On Cold Dark Plane

Air Canada Passenger Left Alone On Cold Dark Plane

For what was meant to be a simple 90-minute journey from Quebec to Toronto turned into a several-hour nightmare of an ordeal for mom-of-two Tiffani Adams. Eventually, she stumbled upon a torch and w...

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That business-class seat on points just became pricier at Qantas

That business-class seat on points just became pricier at Qantas

The changes will be rolled out over the next 12 months, boosted by a A$25 million investment from the Australian airline. Lifetime Platinum members must earn 75,000 Status Credits per year in orde...

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Euro zone business growth picked up in June, still weak - flash PMIs

Euro zone business growth picked up in June, still weak - flash PMIs

Compared to the prior print of 50.5, June's manufacturing PMI fell to 50.1 and registered a remarkable 117-month low. Contrasting the weak PMI data this morning was an USA existing home sales which ...

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United Kingdom to use more renewable than coal power for the first time

United Kingdom to use more renewable than coal power for the first time

A decade ago coal alone made up one. However, coal and gas together covered 46.7% in the first five months of this year and 75.6% in 2009. "But as we look to the future we are proud to champion worl...

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From YouTube want to remove all the children's content

From YouTube want to remove all the children's content

In a June 3 blog post , the company said it terminates thousands of accounts each week. Disabling Autoplay also has its pros and cons - parents that previously anxious their kid might spend too muc...

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Kia to open pre-launch bookings for Seltos in July 2019

Kia to open pre-launch bookings for Seltos in July 2019

We believe that Seltos is all set to propel Kia into becoming one of India's prominent automobile players in the years to come. Seltos will also be a segment first in that it will be BS-VI compl...

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Gold is above $1400 for first time in years

Gold is above $1400 for first time in years

Spot gold rose 0.3% to $1,391.84 per ounce as of 11:09 a.m. EDT (1509 GMT). In point of fact, while this report was being prepared, early morning European trading hours, the precious metal had ...

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Baby formula sold in Walmarts under recall

Baby formula sold in Walmarts under recall

The product's lot number is C26EVFV. "No adverse events have been reported, and the recall impacts one lot of the product expiring on 2/26/21", the statement said. C26EVFV with a use by date of Februa...

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Ripple CEO: Bitcoin and XRP Arení»t Competitors - Ií»m Long BTC

Ripple CEO: Bitcoin and XRP Arení»t Competitors - Ií»m Long BTC

It's been a massive call to action. The partnership will see MoneyGram use Ripple's XRP digital coin that could later drive up the market value of XRP. I own bitcoin and am long bitcoin", and ...

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Arsenic in Bottled Water Found at Walmart, Target, Whole Foods

Arsenic in Bottled Water Found at Walmart, Target, Whole Foods

The aforementioned unveiled a press release Tuesday noting that these products have arsenic amounts "above the level requiring a health warning under California's consumer protection law". Starkey W...

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Photos Show Rat Falling From Ceiling Of Buffalo Wild Wings In Westchester

Photos Show Rat Falling From Ceiling Of Buffalo Wild Wings In Westchester

She also shared a photo of herself standing in front of the restaurant's most recent inspection grade: an A. "We're having adult beverages", Norman said, "and we hadn't even ordered yet". After the ...

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QuadrigaCX co-founder transferred user funds for his own margin trading

QuadrigaCX co-founder transferred user funds for his own margin trading

He used some the crypto as a security for margin trading accounts he himself established on other exchanges. This incredible list of "concerns" raised by Ernst & Young in its fifth report point ou...

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Desjardins suffers data breach affecting 2.9 million members after inside job

Desjardins suffers data breach affecting 2.9 million members after inside job

The info comprises names, addresses, delivery dates, social insurance numbers, email addresses and info about transaction habits. However, Desjardins stated, passwords, safety questions and personal i...

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Bank of England warns increased downside risks as bank rate held

Bank of England warns increased downside risks as bank rate held

Later on Thursday, the field of candidates hoping to replace Prime Minister Theresa May and take on Britain's so far ill-fated negotiations to leave the European Union will be whittled down to two b...

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Tesla's Autopilot Found Most Likely to Confuse Drivers on Safety

Tesla's Autopilot Found Most Likely to Confuse Drivers on Safety

While nearly every participant was able to understand when adaptive cruise control had adjusted the vehicle speed or detected another vehicle ahead, a lot of them struggled to understand what was happ...

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Google My Business gets new features

Google My Business gets new features

Businesses can also reward people who follow them on Google by offering them exclusive deals. The report comes a day after the search engine giant announced that it is giving businesses more o...

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Adidas fails to extend three-stripe trademark in the EU

Adidas fails to extend three-stripe trademark in the EU

To widen the trademark, Adidas needed to show that three parallel stripes, regardless of direction on the product, had acquired a "distinctive character" throughout the EU. The ruling "does not impact...

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US Fed holds interest rates steady, but signals cuts could come

US Fed holds interest rates steady, but signals cuts could come

The Dollar had already been under pressure in the wake of the Fed's latest policy event which saw Powell and his team indicate they were ready to start cutting interest rates, markets are now expectin...

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Dell, HP, Microsoft, Intel oppose proposed tariffs on laptops, tablets

Dell, HP, Microsoft, Intel oppose proposed tariffs on laptops, tablets

Earlier this month Jason Chen the Chairman and CEO of Acer said in an exclusive interview with ChannelNews that the tariffs and the recent bans on Huawei would hurt both large and small PC manufacture...

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Iran Makes Show of Drone Wreckage After Trump Calls Off Retaliatory Strike

Iran Makes Show of Drone Wreckage After Trump Calls Off Retaliatory Strike

Trump said Friday the United States was "cocked & loaded" to strike Iran but pulled back at the last minute because it would not have been a "proportionate" response to Tehran shooting down an Ameri...

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South Korean brands again sweep JD Power's US initial quality survey

South Korean brands again sweep JD Power's US initial quality survey

The problems are more than just a pain for new-vehicle owners. Its maker J.D. Power, a global marketing information service company founded in 1968, fielded this year's study from February through May...

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Toys R Us to reopen stores in USA later this year

Toys R Us to reopen stores in USA later this year

The franchise, which shuttered its US operations in 2018, is reportedly set to return with plans for six 10,000 sq. ft. stores that will be a mix of store shelves and play areas. To reduce costs, the ...

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Facebook's Libra Prepared To Counter Privacy Concerns

Facebook's Libra Prepared To Counter Privacy Concerns

The apex bank , in its April 6 circular, had said that "entities regulated by the Reserve Bank shall not deal in VCs ( virtual currencies ) or provide services for facilitating any person or entity...

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Fed opens door to rate cut amid growing 'uncertainties'

Fed opens door to rate cut amid growing 'uncertainties'

In light of those growing uncertainties and a lack of price pressure, the Fed said it will continue to monitor data and "act as appropriate to sustain" almost 10 years of United States economic expans...

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Apple to move 15%-30% production capacity from China to Southeast Asia

Apple to move 15%-30% production capacity from China to Southeast Asia

Last week Foxconn , the Chinese company assembling iPhones , said it was ready, at any time, to move production of USA -bound iPhones outside of China, should Apple request it. This is not the...

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Truckla! US inventor turns her Tesla Model 3 into a bakkie

Truckla! US inventor turns her Tesla Model 3 into a bakkie

The end result is actually rather well finished, and reminds us of the Holden and Ford utilities which define the genre. Giertz admits that the whole project is a case of jumping into the deep end of ...

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Markets Right Now: S&P 500 index closes at a record high

Markets Right Now: S&P 500 index closes at a record high

Davidson. The U.S. central bank left rates unchanged at the end of its two-day June policy meeting on Wednesday, but pledged to "act as appropriate" to sustain economic health. "While the bar was se...

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Slack Sets IPO Reference Point At $26 Per Share

Slack Sets IPO Reference Point At $26 Per Share

A direct listing is a relatively new method of offering stock to the public, and differs from a traditional IPO in several ways. Shares in Slack jumped by more than 60pc on its market debut as Sil...

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Apple recalls some MacBook Pro laptops over fire safety risk

Apple recalls some MacBook Pro laptops over fire safety risk

Over the past several years, Apple also announced less critical replacement programs, such as for batteries and storage drives in the 13-inch MacBook Pro. However, this flaw doesn't seem to affect eve...

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Qantas unveils Frequent Flyer overhaul

Qantas unveils Frequent Flyer overhaul

Qantas will turn its attention from frequent flyers to frequent shoppers with the launch of the new Qantas Points Club later this year. A million extra seats and a slashing of carrier charges are t...

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What the Federal Reserve's rate cut decision means

What the Federal Reserve's rate cut decision means

The Federal Reserve did not change interest rates Wednesday but strongly signaled a willingness to cut soon to prevent the economy from slowing further. Instead, officials said they will "act as app...

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Oil prices tumble amid concerns over weakening demand

Oil prices tumble amid concerns over weakening demand

US business sentiment has sagged as tensions over trade have escalated between China and the United States and on signs of softness in the labour market. Bank of America Merrill Lynch lowered its Bren...

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Harley-Davidson inks deal to build small motorcycles in China

Harley-Davidson inks deal to build small motorcycles in China

Even if it will be made in China, the Americans say the new bike will keep true to the " rigorous quality standards and testing processes ", that have shaped recent motorcycles. "The global motorcycle...

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Fed Rate Cuts are Coming, So Why Didn't the Dollar Crash?

Fed Rate Cuts are Coming, So Why Didn't the Dollar Crash?

Even as the USA central bank left its benchmark interest rate unchanged for now, the shift in sentiment since its last policy meeting was marked. These two lines in the Fed's statement help to nar...

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