Finance

Finance British technology company Dyson to build electric vehicle in Singapore
Author: 0 British technology company Dyson to build electric vehicle in Singapore

Singapore also offers access to high-growth markets as well as an extensive supply chain and a highly-skilled workforce", Rowan said. The UK technology firm, founded by the Brexit-supporting entrepreneur and inventor Sir James Dyson , said its decision reflected the global nature of its business including its supply chain despite high operating costs.

Author: 0 Oil down 3 percent as Saudi Arabia eases concerns, Wall St drops

The United States intends to re-impose sanctions on Iran's oil sector in November after unilaterally withdrawing from the Iran nuclear deal in May. "Equities are weighing on oil prices", said UBS Group AG analyst Giovanni Staunovo. An internal document reviewed by Reuters suggested OPEC is struggling to add barrels as an increase in Saudi supply was offset by declines elsewhere, including Iran and Venezuela.

Finance Million Pounds of Taquitos Recalled Amid Salmonella, Listeria Contamination Fears
Author: 0 Million Pounds of Taquitos Recalled Amid Salmonella, Listeria Contamination Fears

Ruiz Food Products, Inc., a Denison, Texas, produced the taquitos from July 1 through October 10 and shipped them to retailers nationwide, according to a news release. Salmonella can cause abdominal cramps and fever. The USDA is concerned that some product may be in consumers' refrigerators or freezers. Older adults, infants, and people with weakened immune systems are especially at risk.

Finance Canada Post rotating strikes begin in four cities
Author: 0 Canada Post rotating strikes begin in four cities

That's why the looming Canada Post strike has Canadians anxious about what they should expect come Monday. Striking members of the Canadian Union of Postal Workers stand with placards in front of the Canada Post office in downtown Windsor on October 22, 2018.

Author: 0 Man refuses to sit next to black woman on flight to London

According to the woman's daughter, the argument started after her mother, who has arthritis, struggled to make way for the man from her aisle seat . "I've just lost my husband and now I have to go through this". He said: "I don't care whether she's f****** disabled or not - if I tell her to get out she gets out".

Finance Erdogan to make statement on Khashoggi's death on Tuesday
Author: 0 Erdogan to make statement on Khashoggi's death on Tuesday

He added that the Saudis are now working on finding out where Khashoggi's body is and determining the full details into what happened. 'Yet, on the other, ministers are quite rightly sceptical over Saudi Arabia's ability to properly investigate over a high-profile case like Jamal Khashoggi .

Finance Saudi Arabia says journalist was murdered, blames rogues
Author: 0 Saudi Arabia says journalist was murdered, blames rogues

When the media reported a few days later that he had been killed there, they called the accusations "baseless". Mr Khashoggi's death was the "latest in a litany of charges that have been laid before the Saudi regime by the global community", they said.

Finance Bronx resident wins $1 million in Mega Million lottery jackpot
Author: 0 Bronx resident wins $1 million in Mega Million lottery jackpot

On Friday, no jackpot winners were selected in the Mega Millions drawing, which had a grand prize of over $900 milion. Both lotteries' jackpots have been increased recently by rule changes that have decreased the odds of winning. In Florida and Tennessee, two people won $2 million, while seven others took home $1 million in seven other states including Indiana. And on July 24, a California office of 11 co-workers shared a $543 million jackpot, which is the largest-ever prize won in a Mega ...

Finance Annual US budget deficit hits six-year high of USD779B
Author: 0 Annual US budget deficit hits six-year high of USD779B

The 2018 budget deficit was lower than the 34 percent that the Trump administration had been predicted in August . Translation: Tax cuts played a key role in boosting the deficit in 2018, and are expected to contribute to deficits in the coming years, contrary to claims from the White House and Congressional Republicans that they would "pay for themselves".

Finance China's growth dragged down by construction, bolstered by tech
Author: 0 China's growth dragged down by construction, bolstered by tech

While the depreciation of the yuan usually boosts exports by making Chinese firms' products cheaper in other countries and pushing up the value of overseas revenue in yuan terms, it jacks up import prices and causes inflation at home. Work must also be done to make the financial system more adaptive, and enhance its capability to serve the real economy, the vice premier said. The target of China's economic growth this year amounted to about 6.5%, according to official figures previously ...

Finance Mega Millions jackpot soars to $1.6 billion after no winners
Author: 0 Mega Millions jackpot soars to $1.6 billion after no winners

Good news! There's another chance to become America's newest billionaire. There has been no victor for the Mega Millions since July 24 when a group of 11 coworkers took home $543 million. Kentucky Lottery spokesman Chip Polston says there is one thing you should immediately do if you have a winning ticket. The numbers in Friday's drawing, announced late Friday night, were 15 23 53 65 70 and Mega Ball 7.

Finance Passengers stranded as Cypriot Cobalt Air goes bust
Author: 0 Passengers stranded as Cypriot Cobalt Air goes bust

Budget airline Cobalt has cancelled all flights after suspending operations overnight, leaving holidaymakers stranded. Noting that a one-way flight is set to start at 99 euros (£87), a message on Blue Air's website stated: "Passengers in possession of a cancelled Cobalt flight reservation can book a new flight by calling the Blue Air Call Centre in Cyprus or UK".

Finance Burger King Says Its Halloween Burger Causes Actual Nightmares
Author: 0 Burger King Says Its Halloween Burger Causes Actual Nightmares

Burger King is changing its menu in honor of Halloween . A new ad shows participants hooked up to sleep monitoring machines after eating it. That's what the Burger King brand set out to prove with an unusual research study on its latest Halloween burger, the Nightmare King.

Finance Netflix soars as blistering subscriber growth restores faith
Author: 0 Netflix soars as blistering subscriber growth restores faith

Shares in online streaming service Netflix have risen 14% in after-hours trading after it reported its subscribers had increased by seven million. Netflix, Inc . Netflix had told investors it expected to add about five million members in the quarter. That's up 34 percent from the same period previous year.

Finance GWR services recover after OHLE damage
Author: 0 GWR services recover after OHLE damage

Trains are unable to run between London Paddington and Slough or Heathrow Airport after overhead electric wires were "severely" damaged at Ealing on Tuesday night. Great Western Railway (GWR), Heathrow Express and TfL Rail services have been affected. The train was not in passenger use, but the knock-on affects of fixing the problem caused issues for commuters and tourists alike.

Finance Tesla releases less expensive Model 3
Author: 0 Tesla releases less expensive Model 3

Musk also revealed that the Model 3 ordering process has been simplified and now has fewer options. The release of a lower-priced Model 3 was a "logical next step", according to Evercore ISI analyst Arndt Ellinghorst. Tesla buyers will no longer be able to get the full $7,500 federal tax credit after 31 December because the company reached the 200,000 sales threshold in July.

Finance Twitter suspended pro-Saudi bots after Khashoggi disappearance
Author: 0 Twitter suspended pro-Saudi bots after Khashoggi disappearance

Saudi officials have vehemently denied any involvement in Khashoggi's disappearance and say that he left the consulate soon after arriving. The US received a payment of $US100 million from Saudi Arabia on the same day that Secretary of State Mike Pompeo visited Riyadh to meet with Saudi leaders on the investigation into journalist Jamal Khashoggi's disappearance.

Finance Pompeo: US response in Khashoggi case will await Saudi probe
Author: 0 Pompeo: US response in Khashoggi case will await Saudi probe

On Wednesday, Trump denied he was covering up for the Saudi royals but at the same time pointed to their importance as strategic and commercial partners. "They didn't want to either, in that they want to have the opportunity to complete this investigation in a thorough way". The Washington Post published a column by Khashoggi it received from his assistant a day after he was reported missing.

Finance $1 million Powerball ticket sold in Lexington; jackpot swells to $430 million
Author: 0 $1 million Powerball ticket sold in Lexington; jackpot swells to $430 million

A $150,000 winning ticket from Wednesday night's Powerball drawing was sold in Owensboro. The numbers drawn were: 03-57-64-68-69 and the Powerball number was 15. Lottery officials say three people have won $1 million playing in the past 10 days. "The lottery officials who run Mega Millions tweaked the rules and odds of the game in October previous year to make jackpots pay out less frequently, spurring their monster growth", Ascienzo, who has studied lottery ticket purchase data from 2012 ...

Finance Canada becomes first major economy to legalise recreational cannabis
Author: 0 Canada becomes first major economy to legalise recreational cannabis

Americans can legally purchase while in Canada , but it can't be brought back. "We're not known as wild and insane". "What happened at the very beginning of what they did is exactly what we're doing in Canada", he said . Illicit cannabis means it was sold, produced or distributed by someone who was not allowed to do so. Peterson took out a full page ad in the Wall Street Journal this week urging President Donald Trump to help ease prohibition and eliminate hurdles for the USA pot industry ...

Finance Oil falls after United States stockpiles swell for fourth straight week
Author: 0 Oil falls after United States stockpiles swell for fourth straight week

Brent crude rose 63 cents, or 0.8 per cent, to settle at $81.41 a barrel, while West Texas Intermediate (WTI) crude ended the session up 14 cents at $71.92 a barrel. Meanwhile, new figures are out for USA oil inventories. Saudi Arabia, of course, is a major oil producer. "Saudi Aramco's desire is also to invest in consumer-facing segments such as retail fuels and petrochemicals, building an integrated downstream business spanning India as well as our commitment to invest in crude oil ...

Finance UK, France, Germany call for probe into missing Saudi journalist
Author: 0 UK, France, Germany call for probe into missing Saudi journalist

Turkish officials say they fear Saudi agents killed Khashoggi after he entered the Saudi Consulate in Istanbul on October 2. The Vision Fund acquired a 25 percent stake in Arm from SoftBank a year ago, among the fund's largest deals to date for SoftBank Chief Executive Masayoshi Son .

Finance 'Turkey hopes to enter Saudi consul residence today'
Author: 0 'Turkey hopes to enter Saudi consul residence today'

They were to search the Istanbul residence of the Saudi consul Mohammad al-Otaibi, who was reported to have left Turkey hours before the scheduled raid. They once again cited anonymous sources, however. The Washington Post has previously cited unnamed United States and Turkish officials pointing to audio and video recordings that prove Khashoggi was killed inside the consulate then dismembered.

Finance Feds expected to pardon past cannabis possession convictions tomorrow
Author: 0 Feds expected to pardon past cannabis possession convictions tomorrow

The Canadian government will announce that it will pardon those with a pot possession record of 30 grams or less when Canada becomes the second and largest country with a legal national marijuana marketplace Wednesday. Much of the paperwork needed for a blanket amnesty resides in local courthouses out of the immediate and easy reach of the federal government and the Parole Board, officials said.

Finance Netflix Plans to Outspend Hulu & Amazon on New Content
Author: 0 Netflix Plans to Outspend Hulu & Amazon on New Content

The streaming behemoth said Tuesday that its subscriber base grew by almost 7 million in the quarter, led by the addition of 5.9 million new users overseas. Overall, Wall Street continues to be enamored with the streaming service. Disney and AT&T Inc, the parent of Warner Bros . and HBO, are each looking to introduce new services next year - after completing takeovers of other companies worth a combined $160 billion.

Finance Immigrant caravan sparks Trump threat to cut aid to Honduras
Author: 0 Immigrant caravan sparks Trump threat to cut aid to Honduras

Hundreds of Honduran migrants are headed for the United States border, just days after Vice President Pence sat down with the Central American country's leader, urging him to take a tougher stance on mass migrations. China is strengthening ties with Central America. The same sort of march occurred in April, when some 1,500 people from Guatemala, Honduras and El Salvador marched to the US border.

Finance Oil prices seeking bullish rebound on supply constraints, WTI eyeing $72.00
Author: 0 Oil prices seeking bullish rebound on supply constraints, WTI eyeing $72.00

Saudi Arabia is committed to meeting India's rising oil demand and is the "shock absorber" for supply disruptions in the oil market, Energy Minister Khalid al-Falih said on Monday. OPEC Secretary-General Mohammad Barkindo said oil markets were now adequately supplied and balanced, but urged oil producing companies to increase capacities and invest more to meet future demand as spare oil capacity shrinks worldwide.

Finance Mega Millions Jackpot Approaches Record $654 Million
Author: 0 Mega Millions Jackpot Approaches Record $654 Million

Burdess and Vandiver had all five white ball numbers (4, 24, 46, 61 and 70), and only lacked having the Megaball number of 7 or they would have won the $548 million jackpot. 15) afternoon. Any player who matches all numbers Wednesday night will win $9.6 million ($5.53 million cash option). No jackpot victor was drawn in Friday's drawing for Mega Millions , which means the jackpot for that game has grown to an estimated $ 654 million for the Tuesday drawing.

Finance Air India Air Hostess Falls Off Aircraft, Hospitalised
Author: 0 Air India Air Hostess Falls Off Aircraft, Hospitalised

Air India advised that they had referred the incident to the Indian civil aviation authority, the Directorate General of Civil Aviation (DGCA). According to officials in Nanavati Super speciality hospital, the air hostess is undergoing a series of tests.

Finance Bearish Sentiment Returns To Oil Markets
Author: 0 Bearish Sentiment Returns To Oil Markets

In the group's updated oil supply and demand forecasts released Thursday, they cut their demand estimates due to expectations for lower economic growth while supplies should increase from non-OPEC producers, writes Reuters . US crude added 79 cents to $71.76. The Organization of the Petroleum Exporting Countries (OPEC) made a similar move on Thursday. Members of the Organization of the Petroleum Exporting Countries and other exporters such as Russian Federation and US shale ...

Finance Sears files for Chapter 11; Lampert resigns as CEO
Author: 0 Sears files for Chapter 11; Lampert resigns as CEO

Sears Holdings Corporation filed for Chapter 11 bankruptcy on Monday and announced that its CEO would be stepping aside for the restructuring process. A key unresolved aspect of Sears' negotiations with lenders involves setting deadlines for Sears to achieve specific business goals while under bankruptcy protections, the sources said.

Finance 'Rogue killers' might have slain missing Saudi journalist
Author: 0 'Rogue killers' might have slain missing Saudi journalist

Turkish police investigating the case had said in a statement on October 6 that 15 Saudis, including several officials, had arrived in Istanbul on two planes and entered the consulate while Khashoggi was inside. Oil rose in early trading, with Brent crude , the global benchmark, rising as much 2 per cent to US$81.92 a barrel. Saudi Interior Minister, Prince Abdulaziz bin Saud bin Naif bin Abdulaziz, "stressed that what has been circulating in terms of supposed orders to kill Jamal are ...

Finance James Murdoch could take chairman role at Tesla
Author: 0 James Murdoch could take chairman role at Tesla

Tesla drafted new confidentiality agreements after the contents of internal emails from CEO Elon Musk to employees were included in 2016 articles by Bloomberg and CNN, Bloomberg reports . Another source told the Financial Times that finding someone from outside Tesla was also an option. Either way, the clock is ticking. At the time of the report he also served at Sky Plc, from which he stepped down following Comcast's takeover of the broadcasting company.

Finance Sears files for Chapter 11 bankruptcy amid plunging sales, massive debt
Author: 0 Sears files for Chapter 11 bankruptcy amid plunging sales, massive debt

CEO and primary shareholder Eddie Lampert told the company's board that it was crucial it restructure more than $5 billion it owes "without delay", according to a recent regulatory filing. Sears and Kmart had 89,000 employees as of February 3 of this year, according to a company filing. The company has struggled with outdated stores and complaints about customer service.

Finance Jamal Khashoggi: Saudi Arabia rejects Trump's 'threats' over missing journalist
Author: 0 Jamal Khashoggi: Saudi Arabia rejects Trump's 'threats' over missing journalist

The Sunday statement by France , Germany and the United Kingdom said the countries "encourage joint Saudi-Turkish efforts" and "expect the Saudi government to provide a complete and detailed response". Sen. Patrick Leahy, D-Vt., has joined a bipartisan group of senators who are urging President Donald Trump to investigate Khashoggi's disappearance.