Dimming UK services growth raises questions over BoE hike: PMI

The IHS Markit/CIPS UK Services Purchasing Managers' Index (PMI), a closely-watched gauge of economic activity, dropped to a three-month low of 53.5 in July from 55.1 in June. Despite an upturn in tender opportunities, construction companies are caut... More..

by | Published more than a month ago
IAG will not stay a shareholder in Norwegian if no takeover deal
by | Sunday, August 05, 2018

IAG will not stay a shareholder in Norwegian if no takeover deal

IAG continues to want to add new airlines to its portfolio and its chief executive, Willie Walsh, told BBC radio on Friday that IAG remained interested in Norwegian NWC.OL , the struggling low-priced carrier i...More..

Ryanair's Irish pilots stage fourth day of strikes
by | Sunday, August 05, 2018

Ryanair's Irish pilots stage fourth day of strikes

Ryanair has received a notice from Forsa about a fifth strike to be held on August 10, the company said in a statement. 20 flights in total have been cancelled , meaning 3,5oo passengers will have to rearr...More..

US unemployment rate falls to 3.9 per cent as hiring slows
by | Sunday, August 05, 2018

US unemployment rate falls to 3.9 per cent as hiring slows

The U.S. unemployment rate dropped slightly in July, while job gains were lower than many analysts predicted. Despite a fall in employment in the transportation and utilities sectors, the overall rate of unem...More..

Huawei eyes smartphone summit after passing Apple
by | Sunday, August 05, 2018

Huawei eyes smartphone summit after passing Apple

Samsung is now still the top smartphone vendor who has got about 73 million shipments; Apple has now ranked 3rd who have shipped about 41 million iPhones. "Increasing prices and maintaining market share in...More..

China loses spot as world's number two stock market
by | Sunday, August 05, 2018

China loses spot as world's number two stock market

Recall that the Chinese stock market overtook the Japanese in 2014, then its volume exceeded $ 10 trillion. Chinese stocks have been hit this year as uncertainty over Beijing's trade relations with the US c...More..

Foodora To Leave Australia By The End Of The Month
by | Sunday, August 05, 2018

Foodora To Leave Australia By The End Of The Month

Unions NSW is demanding the federal government set up a compensation fund for Foodora riders with the food delivery service announcing it will wrap up its Australian operations. It's understood the company's ...More..

Steve Jobs' Exiled Daughter: 'I Was a Blot on a Spectacular Ascent'
by | Sunday, August 05, 2018

Steve Jobs' Exiled Daughter: 'I Was a Blot on a Spectacular Ascent'

Who is Lisa Brennan-Jobs? "For him, I was a blot on a spectacular ascent, as our story did not fit with the narrative of greatness and virtue he might have wanted for himself", Brennan-Jobs wrote. "My existen...More..

Brokers Opinions on: Tesla Motors inc (NASDAQ:TSLA)
by | Sunday, August 05, 2018

Brokers Opinions on: Tesla Motors inc (NASDAQ:TSLA)

Taking a quick look at some possible support and resistance levels on shares of Tesla, Inc . (NASDAQ: TSLA ), we have noted that the number is now -1.27. Twelve equities research analysts have rated the stock ...More..

Bipartisan Senate 'Bill From Hell' Calls for 'Crushing' Sanctions Against Russia
by | Saturday, August 04, 2018

Bipartisan Senate 'Bill From Hell' Calls for 'Crushing' Sanctions Against Russia

Receive daily email alerts, subscriber notes & personalize your experience. The new sanctions would not apply to projects already underway at the time of the bill's enactment. The bill comes amid growing specul...More..

Billionaire Day to rescue struggling House of Fraser?
by | Saturday, August 04, 2018

Billionaire Day to rescue struggling House of Fraser?

House of Fraser said in a statement: " House of Fraser is in discussions with alternative investors and is exploring options to obtain the required investment on the same timetable". It had been aiming to buy...More..

Couple Win £58m Even After Winning Lotto Ticket Was Thrown In Bin
by | Saturday, August 04, 2018

Couple Win £58m Even After Winning Lotto Ticket Was Thrown In Bin

Mr Higgins, a retired Audi administrator, has carried on playing the lottery, and won £25 after scooping the jackpot. Fred, 67, and Lesley Higgins, 57, from Laurencekirk, Aberdeenshire in Scotland were anno...More..

Conor McGregor's Lawyer Hints At Date And Location For Khabib Fight
by | Saturday, August 04, 2018

Conor McGregor's Lawyer Hints At Date And Location For Khabib Fight

Negotiations for this bout dragged on for many weeks while McGregor argued a highly lucrative deal, even demanding an ownership stake in the UFC in exchange for returning to the cage, and Nurmagomedov also aske...More..

Almond milk recalled because it may contain actual milk
by | Saturday, August 04, 2018

Almond milk recalled because it may contain actual milk

HP Hood LLC is voluntarily recalling the product as the dairy milk is an allergen not listed on the label. The Food and Drug Administration has issued a recall of some Almond Breeze almond milk half-gal...More..

McDonald's salads sicken almost 400
by | Saturday, August 04, 2018

McDonald's salads sicken almost 400

Now, the number of people who have reported illness in response to the parasite continues to grow. Patients in Connecticut, Tennessee, and Virginia bought their contaminated salads in IL while traveling. The FD...More..

USA to analyze higher tariff on $200 billion of Chinese goods
by | Saturday, August 04, 2018

USA to analyze higher tariff on $200 billion of Chinese goods

So far, the trade war appears to have hit China's economy and financial markets harder than the United States, which has given the administration confidence that it is escalating from a position of strength. Th...More..

Fiat Chrysler looking to block Mahindra Jeep knock-off in U.S.
by | Saturday, August 04, 2018

Fiat Chrysler looking to block Mahindra Jeep knock-off in U.S.

FCA filed a complaint with the U.S. International Trade Commission that could prevent Mahindra's vehicle from entering the market. The Fiat Chrysler group filed the complaint on August 1 at the U.S. Roxor...More..

European Union imports of USA soybeans were rising before deal with Trump
by | Saturday, August 04, 2018

European Union imports of USA soybeans were rising before deal with Trump

Section 232 allows the president to impose trade barriers if the Department of Commerce finds that imports threaten U.S. national security, and Section 301 enables the president to impose tariffs or quotas w...More..

Health Canada warns pharmacies could run out of EpiPen supply soon
by | Saturday, August 04, 2018

Health Canada warns pharmacies could run out of EpiPen supply soon

EpiPens are used to inject emergency doses of adrenaline, or epinephrine, to patients with life-threatening allergies. The shortage will include EpiPen (0.3 mg) and EpiPen Jr (0.15 mg) auto-injectors. EpiPen...More..

China announces $60B of United States goods for tariff retaliation
by | Saturday, August 04, 2018

China announces $60B of United States goods for tariff retaliation

The US imposed 25 per cent tariffs on US$34 billion of Chinese goods in early July, with another US$16 billion to be targeted in coming weeks, drawing an in-kind retaliation from China. China's imports from t...More..

Apple’s Stock Value Reaches $1 Trillion Total
by | Friday, August 03, 2018

Apple’s Stock Value Reaches $1 Trillion Total

Apple shares topped $207 on Thursday, pushing the company to a market capitalization of $1 trillion just before noon, before falling back to around $206. That was Chinese oil and gas giant PetroChina , which ...More..

Molson launches joint venture with Gatineau's Hydropothecary to develop cannabis beverages
by | Friday, August 03, 2018

Molson launches joint venture with Gatineau's Hydropothecary to develop cannabis beverages

The companies are aiming to close the deal before September 30, pending certain conditions such as the "execution and delivery of various transaction agreements, including governance documents and R&D and suppl...More..

by | Friday, August 03, 2018

Apple Becomes World's 1st Private-Sector Company Worth $1 Trillion

September 2014: Apple introduces the Apple Watch. Mr Jobs died in 2011 and was succeeded as chief executive by Tim Cook . "Financial returns are simply the result of Apple's innovation, putting our pr...More..

Newshour, US hits Turkey with sanctions over jailed pastor
by | Friday, August 03, 2018

Newshour, US hits Turkey with sanctions over jailed pastor

State Department spokeswoman Heather Nauert described their conversation on the sidelines of a regional ministers' meeting as constructive. As of now, the country is still in violation of numerous U.N. US Secre...More..

U.S. may raise tariffs on US$200b in Chinese goods to 25%
by | Friday, August 03, 2018

U.S. may raise tariffs on US$200b in Chinese goods to 25%

Erin Ennis, senior vice president of the U.S. China Business Council, said a 10 percent tariff on these products is already problematic, but more than doubling that to 25 percent would be much worse. "The propo...More..

China's July PMI slows on US trade dispute, bad weather
by | Friday, August 03, 2018

China's July PMI slows on US trade dispute, bad weather

The report noted that out of 30 sub-sectors surveyed in the manufacturing and non-manufacturing sectors, 28 sub-sectors recorded growth in the review month. 5 and Table 3). The official PMI for July was down 0....More..

Apple is officially worth more than $1 trillion
by | Friday, August 03, 2018

Apple is officially worth more than $1 trillion

Its revenues today exceed the economic output of countries like Portugal and New Zealand. The market reacted to this success and the price of Apple stocks increased. Also propelling Apple higher in recent mon...More..

by | Friday, August 03, 2018

China Says Foreigners Should Not Interfere in Cambodia After Election

The administration is considering more than doubling planned tariffs on $200 billion in Chinese imports, people familiar with the deliberations told Bloomberg . Have these tariffs impacted American businesses ...More..

Bank of Japan likely to keep monetary policy unchanged in July
by | Friday, August 03, 2018

Bank of Japan likely to keep monetary policy unchanged in July

Expectations that the BOJ may announce a tweak in its monetary stimulus weighed on global bond markets, with the US 10-year Treasury yield rising to a six-week high just shy of 3 percent on Monday. The U.S. c...More..

Google might return to China. Here's why that's controversial
by | Friday, August 03, 2018

Google might return to China. Here's why that's controversial

The Intercept is reporting that the company is readying a censored version of its search engine in a custom Android app to launch in China. Like many other United States internet platforms, Google's most...More..