Finance

Finance
Author: 0 "I Am Devastated": Michelle Guthrie Considering Legal Action After ABC Sacking

And she rejected Communications Minister Mitch Fifield's suggestion that the ABC could easily accommodate the latest 1 per cent efficiency divided required by the government. Mr Milne conceded Ms Guthrie had done a "pretty good" job turning the ABC towards its digital future. "At no point have any issues been raised with me about the transformation being undertaken, the "Investing in Audiences" strategy and my effectiveness in delivering against this strategy".

Finance Iran Terror Attack Boosts Oil Prices More Than OPEC Meeting
Author: 0 Iran Terror Attack Boosts Oil Prices More Than OPEC Meeting

The threats of disruption as well as the early supply cuts have helped to lift Brent crude futures to almost $80 a barrel this month, a level not seen since 2014. While it's possible that refiners around the world will be able to juggle their supplies to work around the politically-created disruptions, this is likely to come at a cost.

Finance Australian supermarket temporarily stops selling needles amid strawberry scare
Author: 0 Australian supermarket temporarily stops selling needles amid strawberry scare

Sewing needles were taken off the shelves at a major Australian supermarket chain on Thursday amid a national panic over sharp objects being found inside strawberries and other fruit . Shadow attorney-general Mark Dreyfus agrees, saying there has been very "little time to fully consider what the consequences of this legislation might be".

Finance Centre banking on European Union to find ways to buy Iran oil
Author: 0 Centre banking on European Union to find ways to buy Iran oil

Although oil sanctions come into effect on 4 November, US threats have pushed European and Asian buyers (especially in India and Japan) to cut their purchases. The EU has been discussing with India that it was in the process of coming out with a payment solution as using United States dollars for oil purchase will be restrained post-November 4 when the United States sanctions come into force.

Finance WTI Crude Oil and Natural Gas Forecast
Author: 0 WTI Crude Oil and Natural Gas Forecast

Given the Kingdom's preference for Brent prices above $80/barrel, OPEC may not increase supply unless prices remain elevated. USA crude oil refinery inputs averaged 17.42 million barrels per day during last week, which was 442,000 barrels per day lower than the previous week's average.

Finance Rare quick-fire auction could settle fate of broadcaster Sky
Author: 0 Rare quick-fire auction could settle fate of broadcaster Sky

The Takeover Panel said that the auction would start at 17:00 London time on Friday and end on Saturday evening. The panel will make an announcement with the results of the auction "as soon as practicable" - a dramatic finish to one of the most tense takeover sagas in recent memory in Britain.

Finance Tesla Model 3 Sedan Aces All of US Safety Agency's Crash Tests
Author: 0 Tesla Model 3 Sedan Aces All of US Safety Agency's Crash Tests

That rating combines both crash tests into a single rating for front and rear seat occupants. Just like the Model 3 , the Tesla Model X received flawless scores in all of the NHTSA's frontal crash , side crash, and rollover tests. A video of a Tesla Model 3 crashing is rarely cause for celebration. A five-star rating indicates a reduced risk of serious injury by one-third or more, relative to the 2008 model year.

Finance Coca-Cannabis? Coke analyzing cannabis in wellness drinks
Author: 0 Coca-Cannabis? Coke analyzing cannabis in wellness drinks

The discussions with Aurora are focused on CBD-infused drinks to ease inflammation, pain and cramping, according to the BNN Bloomberg report. "Along with many others in the beverage industry, we are closely watching the growth of non-psychoactive cannabidiol as an ingredient in functional wellness beverages around the world", Coca-Cola said in a statement .

Finance Amazon to launch 3,000 cashierless stores by 2021
Author: 0 Amazon to launch 3,000 cashierless stores by 2021

Amazon Go is basically a dream come true for introverts. To recap, shoppers at Amazon Go simply scan their phones loaded with the necessary companion app when they enter, and then grab the items they want, and leave. At a Washington DC event last week, Bezos said Amazon was "very interested" in physical stores, but only if it has something new to offer. "We have no plans to open 2,000 of anything", a spokesperson said a few days after the newspaper's story published .

Finance Tesla-rivaling electric Audi E-Tron SUV debuts at $75,795
Author: 0 Tesla-rivaling electric Audi E-Tron SUV debuts at $75,795

That places the e-tron squarely between the Audi Q3 and Q7. Audi has also partnered with Electrify America , which plans to have 500 fast-charging sites around the U.S.by July 2019, many outside of retail spots like Walmart or Target. The E-Tron looks, quite clearly, like an Audi SUV . It will be able to tow as much as 4,000 pounds. A brake-based torque vectoring system is also used to improve handling.

Author: 0 China's Ma reverses US job plan due to trade war

Last week, Ma announced he would be retiring from the executive chairman position of Alibaba within the next year, and has been planning on leaving for quite some time. Ma said his commitment relied on friendly cooperation between the US and China, and on the "rational and objective premise of bilateral trade". Shares in Alibaba closed 3.5 per cent lower on Monday.

Finance Cathay Pacific spells its own name wrong on side of plane
Author: 0 Cathay Pacific spells its own name wrong on side of plane

Cathay Pacific recently gave one of its planes a brand new paint job, somehow making a slight spelling error in the process. Travellers had spotted the mistake at Hong Kong International Airport and contacted the airline, which said it was a genuine mistake.

Finance McDonald’s employees in Chicago take part in a nationwide strike
Author: 0 McDonald’s employees in Chicago take part in a nationwide strike

She said managers had laughed off her complaint that a male co-worker had groped her, telling her she probably had given him "sex appeal". Those organizing this strike, as they called it, say this is the first-time women have walked off the job to protest sexual harassment since 1912, when garment workers nationwide did the same thing.

Finance National Cheeseburger Day 2018: Where to find free and cheap burgers today
Author: 0 National Cheeseburger Day 2018: Where to find free and cheap burgers today

Ruby Tuesday: Join the restaurant's So Connected email club for a free cheeseburger (up to $10 with entree purchase on Tuesday or Wednesday of this week) on National Cheeseburger Day. Tuesday is National Cheeseburger Day, and while the traditional bun, melty slice and patty seems like a basic recipe, certain Valley locations have taken the cheeseburger experience to the next level.

Finance US duties spare Apple gadgets, but hit cloud industry
Author: 0 US duties spare Apple gadgets, but hit cloud industry

One in five respondents said duties would be "good" for the cost of products in the US, while more than three-fourths said the levies would be "bad" in regard to costs. "But we hope these will", he said of the new tariffs. Its decision to retaliate against the latest salvo from Trump raises the prospect of further escalation in the trade war.

Finance Trump slaps additional 10% tariffs on $200bn in Chinese goods
Author: 0 Trump slaps additional 10% tariffs on $200bn in Chinese goods

If countries will not make fair deals with us, they will be 'Tariffed!' A 10 percent tariff will go into effect September 24, the president said in a statement, and increase to 25 percent on January 1, 2019. "These practices plainly constitute a grave threat to the long-term health and prosperity of the United States economy", Trump said in a White House statement .

Author: 0 Trump hits China with tariffs on another $200b in goods

President Trump announced Monday that he is ordering 10 percent tariffs on $200 billion worth of imports from China. The U.S. had already imposed tariffs on $50 billion in Chinese imports. Smart watches and devices that use bluetooth wireless communications, the technology behind Apple's AirPods and other products that work with smartphones, will be excluded from the new tariff list.

Finance New banking giant: Govt to merge BoB, Dena & Vijaya
Author: 0 New banking giant: Govt to merge BoB, Dena & Vijaya

At a press conference after the announcement, Union Finance Minister Arun Jaitley said the "major economical banking decision" was taken to make weaker banks stronger with the merger. Rajiv Kumar, Department of Financial Services Secretary , announced that the decision was arrived at after meeting of the "alternative mechanism" which was set up during a year ago to consider consolidation of the Indian Banking Sector.

Author: 0 Trump ratchets up tariff talk as key week looms for trade

But he lowered the proposed duty rates back to 10 percent after announcing last month that they should be increased to 25 percent. Trump on Monday threatened to raise the stakes again if Beijing should retaliate, adding a further $267 billion in Chinese imports to the target list.

Finance Coca-Cola reportedly considering cannabis-infused drinks
Author: 0 Coca-Cola reportedly considering cannabis-infused drinks

The drinks will be more about helping consumers with inflammation, pain and cramping and not about getting drinkers high, sources told Bloomberg . The company said Monday that it's "closely watching" the use of CBD in "functional wellness" beverages.

Author: 0 Trump plans to slap 10% tariff on $200bn of Chinese goods

The green light for the tariffs initially dragged US stocks lower, fueling drops in the Chinese yuan in offshore trading and gains in the dollar index. "There are quite a few names that are sitting on long butterfly positions, so they'll make money if it (the Canadian dollar) moves up or down", said Simon Côté, managing director, risk management solutions, National Bank Financial.

Finance Oil prices rise as focus returns to supply concerns
Author: 0 Oil prices rise as focus returns to supply concerns

Brent crude fell 23 cents to trade at $77.95 a barrel at 11:17 a.m. EDT (1517 GMT). A slowdown in US production growth next year comes at a delicate time for oil markets, especially with Iran production being curtailed while uncertainties remain in Venezuela , Libya and Nigeria , all three are OPEC producers.

Author: 0 Salesforce billionaire Marc Benioff to buy Time magazine

Marc Benioff , the billionaire co-founder and CEO of Salesforce, will become the new owner of Time magazine . The family does not plan to have any role in day-to-day operations and said they are not looking to buy other magazines. Meredith is also the publisher of People and Better Homes & Gardens. The media conglomerate said it plans to use the money from the sale to pay down debt, with the goal of cutting its debt by $1 billion during the upcoming fiscal year.

Finance Fresh hike in fuel prices
Author: 0 Fresh hike in fuel prices

It was priced at Rs 89.01 in the financial capital of the country, up from Rs 88.67 per litre on Friday, data on the Indian Oil Corp's website showed. A combination of a dip in rupee value against the U.S. dollar and rise in crude oil prices has led to a spike in pump prices since mid-August. As a result, the prices of both fuels has declined by Rs 2.5 per litre.

Finance House prices could plummet due to no-deal Brexit, says Carney
Author: 0 House prices could plummet due to no-deal Brexit, says Carney

The Chancellor confirmed on Tuesday that Bank governor Mark Carney will stay on in the post until January 2020, extending his term by seven months to help support the United Kingdom through Brexit . Such an outcome is likely to be Euro supportive as it opens the door for the European Central Bank to begin raising rates next week, although ultimately with the move being widely expected for some time the overall impact on EUR exchange rates may prove to be negligible.

Finance Canada cannabis entrepreneurs 'could face United States lifetime ban'
Author: 0 Canada cannabis entrepreneurs 'could face United States lifetime ban'

This makes me wonder: was he ever in actual contact with U.S. Border Patrol officials during the legalization process? Cannabis stocks have been soaring since mid-August, when Canopy Growth Corp. People that work or have connections with the new legalized business have been already placed on a lifetime ban in entering the United States. Until his comments, the BI Canada Cannabis Competitive Peers index had gained almost 50 percent since the Canopy-Constellation deal was announced.

Finance Volkswagen to end production of iconic Beetle
Author: 0 Volkswagen to end production of iconic Beetle

Sales have been slow in recent years, as buyers opt for the more conventional Golf over the less practical Beetle . Volkswagen brought the Beetle back with new generations in 1998 and 2012. Despite its foundation in Nazi Germany , the Beetle went on to be one of the biggest selling foreign-made cars in the U.S. during the 1960s, proving popular with hippies.

Finance Donald Trump To Send
Author: 0 Donald Trump To Send "Presidential Alert" To US Mobiles On Thursday

Everyone will then receive a message in English that reads: 'THIS IS A TEST of the National Wireless Emergency Alert System. "No action is needed". Former President Barack Obama signed a law in 2016 requiring FEMA to create a system that lets United States presidents send cellphone alerts regarding public safety issues like natural disasters and "terrorism".

Finance FDA puts e-cigarette companies on notice over teen access
Author: 0 FDA puts e-cigarette companies on notice over teen access

FDA officials says they'll be monitoring manufacturer's internet store fronts for straw purchases, and will file criminal charges if warranted. Critics of pushing back the deadline raised concern that more kids would take up vaping. The Food and Drug Administration says it's taking on what it calls an epidemic of e-cigarette use among children and teenagers. "But in closing the on-ramp for kids, we're going to have to narrow the on-ramp for adults".

Finance Strawberry crisis spreads to NSW as boy finds pin in Coles punnet
Author: 0 Strawberry crisis spreads to NSW as boy finds pin in Coles punnet

Needles have been found in strawberries sold in Woolworths stores. Queensland chief health officer Dr Jeannette Young said the contaminated brands came from a farm in south-east Queensland , and were sold to Woolworths, but could also have been distributed to other stores.

Finance How Waffle House Became Important During Disasters
Author: 0 How Waffle House Became Important During Disasters

The Federal Emergency Management Agency operates a " Waffle House Index " and the chain even runs a Storm Center to monitor hurricane damage at its restaurants, USA Today reports. You have not any longer came upon the deplorable stuff but."Waffle Condo spokesman Pat Warner talked about Fugate came up with the check for the length of the 2004 typhoon season in Florida".

Finance Warning of $80 oil price as sanctions on Iran bite
Author: 0 Warning of $80 oil price as sanctions on Iran bite

The price of West Texas Intermediate, the US benchmark, was up 1.20 percent to $70.45 per barrel early Wednesday afternoon. The group said OPEC has another 2.7 million barrels a day of spare production that it could tap, 60 per cent of it in Saudi Arabia .

Author: 0 Australians told to chop strawberries as police investigate needles found in fruit

Australians have been warned to cut open fresh strawberries before biting into them after multiple customers reported finding sewing needles hidden inside. The retailer's move is meant as a precaution, after needles were found in berries in Sydney and Townsville in Far North Queensland within a 24-hour period.

Finance USA businesses to lobby against Trump's tariffs
Author: 0 USA businesses to lobby against Trump's tariffs

Scott, senior economist at the think tank. Roughly three-in-four firms surveyed said duties on an additional $200-billion worth of Chinese goods would hurt business further, and close to 70 per cent said additional retaliatory Chinese tariffs would be bad for business.