PepsiCo to buy Israel's SodaStream in $3.2 billion deal

Pepsi will pay $144 per SodaStream share in cash, representing a 10.9% premium to Friday's closing price of SodaStream's US-listed stock and a 32% premium to its 30-day average. Speculation about PepsiCo or Coca-Cola buying Sodastream has bubbled for... More..

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Contact Lenses Are a Surprising Source of Pollution
by | Monday, August 20, 2018

Contact Lenses Are a Surprising Source of Pollution

First, the team surveyed 139 people to determine how contact lenses end up in wastewater. While the researchers also want contact manufacturers to find a way for consumers to easily recycle their products, for ...More..

Whiteboards used as Gatwick flight info screens fail
by | Monday, August 20, 2018

Whiteboards used as Gatwick flight info screens fail

Gatwick Airport descended into chaos as all of the overhead departure boards stopped working, resulting in airport staff writing flight information on whiteboards. According to Gatwick airport's Twitter accoun...More..

Economic Growth Higher Under Current Government, Says Niti Aayog Boss
by | Monday, August 20, 2018

Economic Growth Higher Under Current Government, Says Niti Aayog Boss

These estimates showed that the Indian economy grew at a faster clip in two terms of the UPA government against the average growth in the first four years of the NDA government. Chidambaram, however, accused th...More..

Inflation hits 3% in July, upper end of BoC target
by | Monday, August 20, 2018

Inflation hits 3% in July, upper end of BoC target

Economists were expecting a year-over-year of 2.5%, same as in June, but July's number exceeded that, according to Statistics Canada. At 9:35 a.m. EDT (1335 GMT), the Canadian dollar CAD=D4 was trading 0.56...More..

Relax, binge watchers. Netflix is not adding commercials
by | Monday, August 20, 2018

Relax, binge watchers. Netflix is not adding commercials

The reaction on reddit to the test ads has been overwhelmingly negative, with the top comment in the most popular thread discussing the issue coming from user polengoldur, who earned over 6,900 upvotes for hi...More..

Mexico hopeful to conclude NAFTA talks with US next week
by | Monday, August 20, 2018

Mexico hopeful to conclude NAFTA talks with US next week

For four straight weeks, US trade czar Robert Lighthizer and Mexican Economy Minister Ildefonso Guajardo have held bilateral NAFTA talks while Canada has been absent from the bargaining table. The two o...More..

US Lighthizer sees NAFTA ‘breakthrough’, Mexico cooler
by | Sunday, August 19, 2018

US Lighthizer sees NAFTA ‘breakthrough’, Mexico cooler

U.S. officials have indicated that if the deal can be agreed by the end of August it would be possible to win congressional approval for the new NAFTA before Mexico's President-elect Andres Manuel Lopez Obrado...More..

Tesla sues Ontario for pulling plug on electric auto rebates
by | Sunday, August 19, 2018

Tesla sues Ontario for pulling plug on electric auto rebates

Tesla Inc.is taking the Ontario government to court over its decision last month to cancel incentives for purchases. It claims that Tesla was singled out and that purchasers of other brands will still get rebat...More..

New Report Highlights House of Fraser’s Mounting Debt to Brands
by | Sunday, August 19, 2018

New Report Highlights House of Fraser’s Mounting Debt to Brands

In a tweet on Thursday, House of Fraser revealed that it would refund thousands of online customers potentially millions of pounds, after cancelling orders after a wave of complaints from shoppers who had not r...More..

Tesla shares plummet after Musk pours heart out to NYT
by | Sunday, August 19, 2018

Tesla shares plummet after Musk pours heart out to NYT

The Times report said board members had raised concerns over his "workload but also about his use of Ambien ", a sleeping drug. But it soon became clear that funding had not been secured beyond an initial...More..

SEC sends subpoena to Tesla over Elon Musk tweets
by | Saturday, August 18, 2018

SEC sends subpoena to Tesla over Elon Musk tweets

Since then questions have arisen about both the seriousness of the claim (one that Musk has stuck to despite evidence to the contrary) and whether Musk was intentionally trying to juice Tesla's stock (thus thwa...More..

Donald Trump asks SEC to look into practicality of corp
by | Saturday, August 18, 2018

Donald Trump asks SEC to look into practicality of corp

One provision of the bill includes a requirement that the SEC review the quarterly reporting requirement. "I have asked the SEC to study!" John McCain in Fort Drum, N.Y. Some corporate leaders and trade groups ...More..

Kentucky's jobless rate rises slightly in July
by | Saturday, August 18, 2018

Kentucky's jobless rate rises slightly in July

The rate has remained between 5.4 and 5.6 per cent since mid-2017. Minister Cash said the data showed there is more good news for Australian workers and the Australian economy with over 300,000 new jobs gener...More..

Rescuers deal with fire in Italian bridge rubble before day of mourning
by | Saturday, August 18, 2018

Rescuers deal with fire in Italian bridge rubble before day of mourning

So, how will Italy ensure the safety of its bridges and roads? Global reinsurer Swiss Re has today announced its link to the Italian company, Autostrade per I'Italia, which manages the stretch of motorway in ...More..

U.S. threatens more sanctions on Turkey over detained pastor
by | Saturday, August 18, 2018

U.S. threatens more sanctions on Turkey over detained pastor

Erdogan, a self-described "enemy of interest rates", wants to lower borrowing costs despite high inflation. Moody's says its negative outlook reflects its expectation that there's more financial stress like...More..

Nvidia forecast lags Wall Street as crypto demand evaporates
by | Friday, August 17, 2018

Nvidia forecast lags Wall Street as crypto demand evaporates

Still, Nvidia reported that sales from gaming rose 52 percent to $1.8 billion in the quarter ended July 29. Still, the company's stock value is up over 30 percent since the beginning of the year. Gamers typical...More..

USA says ready with more sanctions if Turkey does not free pastor
by | Friday, August 17, 2018

USA says ready with more sanctions if Turkey does not free pastor

Qatar defied US President Donald Trump on Wednesday and promised to plough $15 billion into Turkish financial markets and banks. The Turkish lira was slightly lower on Friday after the USA warned Anka...More..

Rail commuters face 3.2 per cent price rise
by | Friday, August 17, 2018

Rail commuters face 3.2 per cent price rise

But union bosses hit back and accused Mr Grayling of trying to cap pay rises in the process. Rail fares will rise by 3.2 per cent next year, angering commuters who could have to pay more than £100 extra to ge...More..

by | Friday, August 17, 2018

Turkey promises U.S. tit-for-tat response

The threat comes as Turkey sought to reassure investors rattled by the sanctions-fueled crash of the Turkish lira , insisting the country would emerge stronger. "Korea we thought was all noise [.] so we boug...More..

Google staff protest over China search engine plans
by | Friday, August 17, 2018

Google staff protest over China search engine plans

However, Pichai did hint at doing more in the country which is infamous for its restrictive internet policies. The letter argues that the search engine project and Google's apparent willingness to accept Chin...More..

Tesla's Elon Musk works 120 hours a week, uses Ambien to sleep
by | Friday, August 17, 2018

Tesla's Elon Musk works 120 hours a week, uses Ambien to sleep

The newspaper said that in response to questions for its article on the interview , Tesla issued a statement from its board, excluding Mr. Musk, that said "We would like to make it clear that Elon's commit...More..

Qatar to aid Turkey, lira rallies, USA rejects lifting tariffs
by | Friday, August 17, 2018

Qatar to aid Turkey, lira rallies, USA rejects lifting tariffs

The lira had nosedived in recent weeks, hitting a record low of 7.24 earlier this week, amid a diplomatic and trade dispute with the United States that has exacerbated investor concerns over Turkey's economy. v...More..

State of Emergency After Italian Bridge Collapse, Volatile Trading Over Highway Company
by | Friday, August 17, 2018

State of Emergency After Italian Bridge Collapse, Volatile Trading Over Highway Company

Atlantia's Autostrade per l'Italia unit manages the motorway that collapsed in the Italian city of Genoa killing at least 38 people this week. Corsaro said that there are 15 injured persons. The Europea...More..

Marijuana will sell in online stores
by | Friday, August 17, 2018

Marijuana will sell in online stores

In a press conference on August 13, Finance Minister Vic Fedeli and Attorney Caroline Mulroney announced that the government would be introducing an online market for marijuana purchases provided by the Onta...More..

Nio will look to raise $1.8B on NYSE
by | Friday, August 17, 2018

Nio will look to raise $1.8B on NYSE

It plans to raise up to US$1.8 billion, which will be the largest listing of a Chinese auto company in the United States. Nio's founder and chairman William Li Bin holds a 17.2 per cent stake. NIO is suffi...More..

White House denounces Turkey tariffs on U.S. products
by | Friday, August 17, 2018

White House denounces Turkey tariffs on U.S. products

Turkey's lira has plummeted almost 40 percent this year due to concerns over Erdogan's growing influence on the economy. Ankara's central bank took actions to reinforce the currency on August 15 and squeeze...More..

China lodges WTO complaint over renewable energy tariffs
by | Friday, August 17, 2018

China lodges WTO complaint over renewable energy tariffs

The spokesperson also said that U.S. subsidies for its own domestic PV manufacturing were giving its industry an "unfair competitive advantage and damaged the legitimate rights and interests of China's renew...More..

Turkey says it will help firms hit by turmoil
by | Thursday, August 16, 2018

Turkey says it will help firms hit by turmoil

Addressing a conference of his ruling party faithful in the capital, Recep Tayyip Erdogan added fuel to the spat with the US, even as local business groups called on his government to settle it. The dispute is ...More..

Turkey court rejects new appeal to free detained U.S. pastor
by | Thursday, August 16, 2018

Turkey court rejects new appeal to free detained U.S. pastor

The announcement came after Qatar's emir Sheikh Tamim bin Hamad Al-Thani held lunchtime talks with Turkish President Recep Tayyip Erdogan. A banking watchdog's step to limit foreign exchange swap transactio...More..