Russian Federation reels, cries foul after USA sanctions spiral escalates

Former Russian spy Sergei Skripal and his daughter were poisoned by Novichok, a military-grade nerve agent, in Salisbury in March. Britain was quite happy with the expulsions back in March, and unsurprisingly was quick to endorse the new United St... More..

by | Published more than a month ago
Saudi Arabia's diplomatic dispute with Canada: An explainer
by | Friday, August 10, 2018

Saudi Arabia's diplomatic dispute with Canada: An explainer

It recalled its envoy from Ottawa and gave Canadian Ambassador Dennis Horak 24 hours to leave the country. However, foreign ministry spokeswoman Marie-Pier Baril stressed that Canada would "always stand up fo...More..

Suzuki And Mazda Admit To Improper Emissions Tests In Japan
by | Thursday, August 09, 2018

Suzuki And Mazda Admit To Improper Emissions Tests In Japan

All three have already complied with a request by the Japanese Ministry of Land, Infrastructure, Transport and Tourism (MLIT) to conduct investigations into the matter. "Mishandlings found in so many vehicles...More..

Patriotic tunes but no bedlam for Ikea's Indian debut
by | Thursday, August 09, 2018

Patriotic tunes but no bedlam for Ikea's Indian debut

Price is a key factor for the Swedish chain as it plunges into India, a huge new market where the average annual salary is less than $2,000. Ikea will offer more than 1,000 products under 200 rupees ($2.91)...More..

United Kingdom house prices jump in July by more than expected - Halifax
by | Thursday, August 09, 2018

United Kingdom house prices jump in July by more than expected - Halifax

House prices grew 1.4 percent month-on-month in July, faster than the 0.9 percent rise in June. The annual pace of house price growth rose 3.3%, smashing economists' forecasts for a 2.6% increase, helping ave...More..

New York City votes to cap Uber, Lyft vehicle licenses
by | Thursday, August 09, 2018

New York City votes to cap Uber, Lyft vehicle licenses

The drop in incomes has demoralized many drivers and the New York Taxi Workers Alliance said there have been six suicides among cab and livery drivers in recent months. New Yorkers who regularly rely on Ube...More..

China to slap additional tariffs on U.S. goods
by | Thursday, August 09, 2018

China to slap additional tariffs on U.S. goods

The tranche of 25 per cent tariffs - which covers 279 products including electronic parts, plastics, chemicals, batteries, tractors and railway cars - follows $US34 billion worth of tariffs announced by the U...More..

by | Wednesday, August 08, 2018

China to hit US with tariffs on US imports worth $16bn

China is imposing additional tariffs of 25 per cent on $16 billion USA worth of U.S. imports from fuel and steel products to autos and medical equipment, the Chinese commerce ministry said, as the world's large...More..

Tesla board says Musk started going-private talks last week
by | Wednesday, August 08, 2018

Tesla board says Musk started going-private talks last week

They said this "included discussion as to how being private could better serve Tesla's long-term interests". The board, they said, had met "several times" over the last week and was actively working to "eva...More..

United Kingdom trade minister says 'no deal' Brexit more likely than not
by | Wednesday, August 08, 2018

United Kingdom trade minister says 'no deal' Brexit more likely than not

Britain's worldwide trade minister says it's likely the United Kingdom will fail to agree upon a divorce deal with the European Union before it leaves the bloc in March — the latest in a growing chorus of warni...More..

Saudi billionaire takes stake in Snap
by | Wednesday, August 08, 2018

Saudi billionaire takes stake in Snap

Snap reported 188 million daily active users during the last quarter - falling short of Wall Street's expected 192 million and dropping from last quarter's 191 million. 1,700 crores) deal in May to buy a 2.3...More..

Ola takes the battle to Uber, says it’s going to enter UK
by | Wednesday, August 08, 2018

Ola takes the battle to Uber, says it’s going to enter UK

Subject to successful negotiations with other local authorities Ola could expand nationwide by the end of the year. Indian ride-hailing app Ola has announced plans to launch its services in Britain, as it see...More..

Papa John’s sales, shares plunge amid battle with company founder
by | Wednesday, August 08, 2018

Papa John’s sales, shares plunge amid battle with company founder

Ritchie said that Papa John's made the decision to distance itself from Schnatter after he said in November that the National Football League protests hurt sales. In a lengthy statement issued Tuesday, Schnat...More..

Tesla share trading halted after Musk tweet boost
by | Wednesday, August 08, 2018

Tesla share trading halted after Musk tweet boost

At 3:28 p.m., Tesla tweeted a link to a blog posting on its website titled " Taking Tesla Private ", in which Musk said: "As a public company, we are subject to wild swings in our stock price that can be a ma...More..

Oil rises as USA sanctions on Iran stir supply worries
by | Wednesday, August 08, 2018

Oil rises as USA sanctions on Iran stir supply worries

Starting in July, South Korea is halting Iranian oil imports for the first time since 2012 amid pressure from the United States to discontinue purchases from Iran. Markets should move on Iran for most of the ...More..

BURP ALERT - Ford to roll out buck-a-beer plan Tuesday
by | Tuesday, August 07, 2018

BURP ALERT - Ford to roll out buck-a-beer plan Tuesday

Buck-a-beer is here. NDP Leader Andrea Horwath, speaking to reporters at Queen's Park, said there is a cost to the province and that LCBO promotions do "have monetary value". "But instead of a climate plan or...More..

Fetus found on board American Airlines plane after flight from Charlotte
by | Tuesday, August 07, 2018

Fetus found on board American Airlines plane after flight from Charlotte

Staff made the discovery on Tuesday and immediately called for help. It was the Airbus A321's only flight of the day. Aja Worthy-Davis, a spokesperson for New York City's Office of the Chief Medical Examine...More..

by | Tuesday, August 07, 2018

Elon Musk considering taking Tesla private

The company had a market value of $58 billion as of Monday's close. At a share price of $420, Electrek points out that taking Tesla private would be a costly decision , to the tune of some $70 billion. "I be...More..

Nutella is looking for taste testers, chocolate fans assemble
by | Tuesday, August 07, 2018

Nutella is looking for taste testers, chocolate fans assemble

The spread is manufactured by Ferrero, which is hiring "sensory judges" to try the food items. The only catch is you have to relocate to Ferrero's headquarters in Italy - but even that sounds like a job perk!...More..

China Prepared for Long Trade War With U.S., State Media Says
by | Monday, August 06, 2018

China Prepared for Long Trade War With U.S., State Media Says

His tweets came amid a new surge in trade tensions with China. In a front-page editorial on Monday, the overseas edition of People's Daily said Trump was "starring in his own carefully orchestrated st...More..

Facebook wants banks to share your personal finances
by | Monday, August 06, 2018

Facebook wants banks to share your personal finances

Elisabeth Diana, a Facebook spokeswoman, told Ars that while the WSJ reported that Facebook has "asked" banks "to share detailed financial information about their customers, including card transactions and ch...More..

NASCAR Chairman Brian France Arrested For DUI, Drug Possession
by | Monday, August 06, 2018

NASCAR Chairman Brian France Arrested For DUI, Drug Possession

He was arraigned Monday at Sag Harbor Village Justice Court and released. The 56-year-old was stopped after blowing through a stop sign around 7:30 p.m.in Sag Harbor, New York while operating a 2017 Lexus, po...More..

Killed When Light Plane from Concord Crashes in SoCal
by | Monday, August 06, 2018

Killed When Light Plane from Concord Crashes in SoCal

According to the FAA, the pilot of the aircraft, which is registered to a San Franciso corportation, declared a Mayday shortly before the crash. Luckily, the driver of the parked auto was shopping inside the st...More..

Indra Nooyi to step down as PepsiCo CEO, Ramon Laguarta to succeed
by | Monday, August 06, 2018

Indra Nooyi to step down as PepsiCo CEO, Ramon Laguarta to succeed

He was elevated to president in September of a year ago and was widely expected to succeed Nooyi, though at the time of his appointment Nooyi said she would remain CEO "for the foreseeable future". He now ser...More..

by | Monday, August 06, 2018

China fires salvo in trade war with United States

The Finance Ministry accused the Trump administration of damaging the global economy after it proposed increasing duties on $200 billion of Chinese goods in the second round of a dispute over technology. China'...More..

China frustrates U.S. efforts to end Iran's oil exports
by | Monday, August 06, 2018

China frustrates U.S. efforts to end Iran's oil exports

Francis Fannon, US assistant secretary of state for the bureau of energy resources, was recently in China to discuss sanctions, Bloomberg said , citing a US government official. Recall that President Hass...More..

RBS says profit down after United States settlement, picture…
by | Monday, August 06, 2018

RBS says profit down after United States settlement, picture…

For long-suffering investors, including United Kingdom taxpayers who still hold more than 62% of the stock, the token 2 pence per share interim payout, announced with half-year results on Friday, is the first t...More..

Canada overcomes Trump’s tariffs with record exports
by | Monday, August 06, 2018

Canada overcomes Trump’s tariffs with record exports

Canada's trade deficit fell to Can$626 million ($482 million US) in June, according to official data released Friday, as the nation searched for new trading partners and eased its reliance on the United Sta...More..

WhatsApp ready for business
by | Sunday, August 05, 2018

WhatsApp ready for business

The move comes after Facebook is said to have put pressure on the business unit to start making it money. The Twilio API for WhatsApp means developers can use Twilio to integrate messaging via SMS, MMS, R...More..

Oil steadies to trade higher after losses
by | Sunday, August 05, 2018

Oil steadies to trade higher after losses

On the New York Mercantile Exchange, West Texas Intermediate futures were trading up 0.3% at $69.16 a barrel. Top oil exporter Saudi Arabia pumped around 10.290 million barrels per day of crude in July, two...More..