Carmakers to face more pain as sales in China continue to slide

Demand in Europe and North America is waning as the increasing availability of ride-hailing and car-sharing services makes it less necessary to own a auto. Jaguar Land Rover Automotive Plc's problems in China forced its parent to take a US$3.9 billio... More..

by | Published 10 hours ago
Airlines to offer gender neutral options
by | Thursday, February 21, 2019

Airlines to offer gender neutral options

Several US-based airlines say they are making the change to be more inclusive in dealing with a diverse population of travellers. TSA will require travelers who use the new options to have matching identifica...More..

Is Sainsbury-Asda merger heading for bin?
by | Wednesday, February 20, 2019

Is Sainsbury-Asda merger heading for bin?

It also believes the deal could lead to inflated fuel costs at more than 100 locations where Sainsbury's and Asda petrol stations overlap. The Competition and Markets Authority (CMA) said it could block the d...More..

Payless to close Canadian stores, including 3 Windsor locations
by | Wednesday, February 20, 2019

Payless to close Canadian stores, including 3 Windsor locations

Payless Shoes employs around 2,400 workers in Canada and has 248 stores across the country, according to Global News . The outlets will begin closing in March as stock is sold off, with the process expected to...More..

What is the contempt case against Anil Ambani’s Reliance Communications?
by | Wednesday, February 20, 2019

What is the contempt case against Anil Ambani’s Reliance Communications?

The Swedish company signed a deal with RCom in 2014 to manage and operate its network and previous year approached the court over unpaid dues. On August 3 and October 23, 2018, the apex court had directed RCo...More..

Southwest blames mechanics for hundreds of flight cancellations
by | Wednesday, February 20, 2019

Southwest blames mechanics for hundreds of flight cancellations

While Southwest previously estimated the lapse in funding would cost it $10 million to $15 million in the first quarter of 2019, the airline said in a federal filing on Wednesday that it would result in a loss ...More..

Selling short to be stopped: Germany bans speculative attacks on Wirecard stock
by | Wednesday, February 20, 2019

Selling short to be stopped: Germany bans speculative attacks on Wirecard stock

Shares in Wirecard were expected to open 5.9 percent higher at 0549 GMT. In short-selling, traders sell shares they do not own but only borrowed, with the possibility to buy them back. "Short attacks" followe...More..

EuroMillions ticket worth €175 million sold in Ireland
by | Wednesday, February 20, 2019

EuroMillions ticket worth €175 million sold in Ireland

The National Lottery says it may take a few days to pinpoint where the winning ticket was sold. This maximum jackpot has only been won three times over the history of the game. The new multi-millionaire have la...More..

The Plant That Builds the Honda Civic Type R Is Closing
by | Wednesday, February 20, 2019

The Plant That Builds the Honda Civic Type R Is Closing

After a meeting with Honda and Business Secretary Greg Clark, Swindon's Tory MPs Justin Tomlinson and Robert Buckland said they were "disappointed and surprised" by the news, adding that job losses were not...More..

Check out the Analyst's Opinions: Canopy Growth Corporation (CGC)
by | Wednesday, February 20, 2019

Check out the Analyst's Opinions: Canopy Growth Corporation (CGC)

SMA 50 is an average stock price from the last 50 days calculated as an unweighted mean of the previous 50 stock closing prices. The firm has fifty days moving average percentage of 25.14% to its latest price c...More..

May heads to Brussels for Brexit crisis talks
by | Wednesday, February 20, 2019

May heads to Brussels for Brexit crisis talks

At Tuesday's Cabinet meeting, ministers were being briefed by Brexit Secretary Stephen Barclay on his latest talks with Brussels as intensive efforts continue to resolve the deadlock over the Northern Ireland...More..

EU's Juncker, May to meet Wednesday amid fears of Brexit extension
by | Wednesday, February 20, 2019

EU's Juncker, May to meet Wednesday amid fears of Brexit extension

According to Juncker, a breakthrough in Wednesday's Brexit talks is "in God's hands", and added that an extension of Article 50 was an option to avoid a no-deal. Speaking to a gathering of British manufacturers...More..

Walmart Has Strong Holiday Quarter In Wake of Big E-commerce Push
by | Tuesday, February 19, 2019

Walmart Has Strong Holiday Quarter In Wake of Big E-commerce Push

Comparable sales excluding fuel were up 3.6%. Walmart was up 3.5% to $103.49 on Tuesday morning. Walmart, like rivals, made a big push to grab former Toys "R" Us shoppers during the holiday season, boosti...More..

Dollar General’s Baby Gripe Water recalled due to undissolved ingredient, citrus flavonoid
by | Tuesday, February 19, 2019

Dollar General’s Baby Gripe Water recalled due to undissolved ingredient, citrus flavonoid

Baby gripe water is administered orally to infants for relief of gas, colic and teething among other things. The company said it's received one report of a week-old baby having trouble swallowing the water, a...More..

Airbus to scrap A380 superjumbo production as sales slump
by | Tuesday, February 19, 2019

Airbus to scrap A380 superjumbo production as sales slump

Emirates Airlines, Airbus' chief client for the A380, will receive its last 14 models over the next two years, but also opted to order dozens of smaller A330-900 and A350-900 aircraft. "As much as we regret th...More..

'I like tariffs': Donald Trump threatens transatlantic trade war
by | Tuesday, February 19, 2019

'I like tariffs': Donald Trump threatens transatlantic trade war

Trump's potential move to impose 25 percent tariffs on imported autos and parts, saying it could add more than $2,000 to the average sticker price of a vehicle and cost thousands of jobs. Trump said on Friday ...More..

United Kingdom throws drowning Huawei a European lifeline
by | Tuesday, February 19, 2019

United Kingdom throws drowning Huawei a European lifeline

The UK will not need to ban Huawei's 5G kit, despite rumors that the company's hardware could pose a national security risk, reports have claimed. The U.K.'s National Cyber Security Centre (NCSC) has re...More..

Moses Lake, Wenatchee-area Payless ShoeSource stores to shutter
by | Monday, February 18, 2019

Moses Lake, Wenatchee-area Payless ShoeSource stores to shutter

So far, Payless itself has not commented on the news. Payless ShoeSource announced that the company will be shuttering thousands of its USA stores as it has been struggling to compete with other big-name br...More..

India Becomes Biggest Buyer of Venezuelan Oil After US Sanctions
by | Monday, February 18, 2019

India Becomes Biggest Buyer of Venezuelan Oil After US Sanctions

It had at that time bought about 6 million barrels of U.S. crude oil under single tender for delivery between November 2018 and January 2019. WTI prices also rose to their highest since November, at $56.13 pe...More..

Japanese vehicle manufacturer to SHUT Swindon factory — Honda
by | Monday, February 18, 2019

Japanese vehicle manufacturer to SHUT Swindon factory — Honda

He said he had spoken to Honda, and the company said the decision "is based on global trends and not Brexit as all European market production will consolidate in Japan in 2021". "This is to facilitate productio...More..

May asks European Union to help save Brexit as ministers revolt over no
by | Monday, February 18, 2019

May asks European Union to help save Brexit as ministers revolt over no

In her talks with EU leaders and European Commission President Jean-Claude Juncker she will be seeking to change the Irish backstop, one of the most contentious parts of the withdrawal agreement she agreed in...More..

Retailer Payless to file bankruptcy, close stores
by | Monday, February 18, 2019

Retailer Payless to file bankruptcy, close stores

On Friday, the chain said it will hold liquidation sales starting Sunday and wind down its e-commerce operations. Payless was established in 1956, based in Topeka, Kansas. In the meantime, Payless is preparin...More..

Will RBI hand over the crores that Centre wants?
by | Monday, February 18, 2019

Will RBI hand over the crores that Centre wants?

The cash support-handing about 120 million farmers with up to 2 hectares (4.9 acres) three payments of ₹2,000 per year-was Modi's last attempt at reversing fortunes after his Bharatiya Janata Party (BJP) lost c...More..

Payless is closing down its stores in the U.S.
by | Monday, February 18, 2019

Payless is closing down its stores in the U.S.

Liquidation sales, including in Salina, began on Sunday. While shoppers prefer to buy in-store, more people are shifting to shopping online as big boxes have a tough time competing with lower prices on places...More..

Berkshire's Buffett Buys Heavily into Suncor
by | Monday, February 18, 2019

Berkshire's Buffett Buys Heavily into Suncor

TORONTO/WINNIPEG, Manitoba (Reuters) - Warren Buffett's Berkshire Hathaway Inc said on Thursday it had taken a fresh stake in Suncor Energy Inc for the second time in about six years, sending the USA -lis...More..

by | Monday, February 18, 2019

Bin collections to be guaranteed EVERY WEEK nationwide under new government plans

Many local authorities - including South Tyneside - have reduced the collection to fortnightly, with non-recycleable household waste (grey bin) collected one week, and recycleable waste (blue bin) the next. "Th...More..

by | Monday, February 18, 2019

United Kingdom security chiefs: Huawei risk in 5G can be contained

The conclusion, reached by the National Cyber Security Centre (NCSC), would "carry great weight" with European leaders, the Financial Times reported, citing a source. Separately, the UK's Department of Digita...More..

Brent oil hits 2019 high above $65
by | Monday, February 18, 2019

Brent oil hits 2019 high above $65

Brent's six-month calendar spread has swung into a backwardation of nearly 70 cents per barrel, from a contango of more than $1.50 late previous year, the strongest for nearly four months. "Brent should average...More..

JetBlue passenger charged with battery after spitting on, hitting passengers
by | Monday, February 18, 2019

JetBlue passenger charged with battery after spitting on, hitting passengers

Gonzalez is later seen asking a flight attendant what she did wrong. The baby was born on-board then met by emergency medical services when the plane landed, according to JetBlue. Police report that the atten...More..

Tesla rolls out 'dog mode' on cars with Autopilot 2+ hardware
by | Monday, February 18, 2019

Tesla rolls out 'dog mode' on cars with Autopilot 2+ hardware

The second new feature is called "Dog Mode", a setting that essentially leaves the air conditioning on even if the vehicle isn't running so any canine occupants left inside can keep cool on warmer days. If a mi...More..