Finance

Finance Ride-sharing services should be on BC roads next year
Author: 0 Ride-sharing services should be on BC roads next year

The announcement will include a technical briefing and slide presentation on the act, followed by remarks from the minister and a Q&A session. Claire Trevena, Minister of Transportation and Infrastructure says the legislation will allow residents to have more options and flexibility in how they get around, but there are checks in place to make sure the ride is a safe one.

Finance AAA projects 1.2 million Tennesseans will travel for Thanksgiving
Author: 0 AAA projects 1.2 million Tennesseans will travel for Thanksgiving

With it being one of the busiest travel days of the year, Missouri state troopers said they want to remind drivers to be careful, slow down and to not drink and drive. Transportation analytics firm Inrix said drivers in San Francisco, New York City and Boston are likely to experience the worst delays, with their journeys expected to take almost four times the usual duration.

Finance Spain PM vows to vote down Brexit divorce bill over Gibraltar
Author: 0 Spain PM vows to vote down Brexit divorce bill over Gibraltar

Pedro Sanchez said: "As of today, if there are no changes with respect to Gibraltar, Spain will vote no to the agreement on Brexit". Responding to a question from Conservative MP and stalwart Gibraltar supporter Bob Neill, Mrs May remained resolute on Gibraltar's inclusion in the process.

Finance Apple suppliers suffer as it struggles to forecast iPhone demand
Author: 0 Apple suppliers suffer as it struggles to forecast iPhone demand

In the bearish note, Rod Hall and his analyst team said that it seemed as if Apple "miscalculated on the price/feature balance" for the new iPhone XR and that Apple's less-expensive premium phone might have missed the mark. Apple did not respond to a request for comment. The brokerage forecast a 10 cent headwind to Micron and 15 cent headwind to Western Digital in the fourth quarter of 2018 and the first quarter of 2019 on lower iPhone builds.

Finance Tokyo Court To Keep Nissan's Carlos Ghosn Detained For 10 Days
Author: 0 Tokyo Court To Keep Nissan's Carlos Ghosn Detained For 10 Days

The board appeared to pour cold water on speculation of an Alliance split, saying: "The board endorsed the support expressed by the Nissan management to the Renault-Nissan-Mitsubishi Alliance, which remains the priority of the group". French automobile group Renault made a decision to appoint two interim heads of the company to replace Carlos Ghosn , who remains as Chairman and Chief Executive Officer but is "temporarily incapacitated", the company announced in a statement .

Finance Do you always get the best discounts on Black Friday?
Author: 0 Do you always get the best discounts on Black Friday?

The LG 60UJ630V , a 60-inch 4K TV, was advertised at £799 by Amazon on Black Friday. One of the most widely accepted - and positive - versions is that traditionally, retailers would operate at a loss for the majority of the year (being "in the red"), but earned a profit (go "into the black") on the day after Thanksgiving , a reference to the actual colors that retailers would use to denote profits and losses when doing their accounting, according to History .

Finance Oil prices edge up on expected OPEC supply cuts
Author: 0 Oil prices edge up on expected OPEC supply cuts

Brent crude oil futures, the global benchmark for oil prices, were at $66.37 a barrel at 0752 GMT, down 42 cents, or 0.6 percent, from their last close. This is as much to grab the Asia market space vacated by lower Iranian supplies as to influence a higher drawdown from the United States strategic reserves and bolster market sentiment - and prices.

Finance RBI to set up expert panel to examine economic capital framework
Author: 0 RBI to set up expert panel to examine economic capital framework

The Reserve Bank of India's board of directors met on Monday amid speculation that the Centre has proposed a change in rules that will enable it to supervise the central bank better, NDTV reported. Globally, PCA kicks in only when banks slip on a single parameter of capital adequacy ratio, and the government is in favour of this practice being adopted for the domestic banking sector as well.

Finance Bitcoin Cash miners losing money on the eve of a hashing war
Author: 0 Bitcoin Cash miners losing money on the eve of a hashing war

In the top twenty, those drops were led by Tezos (TEZ), which fell by close to 15 percent, followed Neo (NEO ), Ethereum Classic (ETC ) and Tron (TRON), all of which lost more than 12 percent in 24 hours. XinFin Network (XDCE) traded 5.5% higher against the dollar and now trades at $0.0021 or 0.00000038 BTC. BitMEX accounts for 29 percent of the trading volume according to CoinMarketCap .

Finance Nissan's Ghosn to be arrested in Japan for alleged financial violations: Asahi
Author: 0 Nissan's Ghosn to be arrested in Japan for alleged financial violations: Asahi

Renault-Nissan-Mitsubishi's CEO Carlos Ghosn has been arrested in Japan on charges of not reporting his full compensation, along with Representative Director Greg Kelly . Prosecutors were prepared to arrest Ghosn, 64, after further questioning, the sources said. The company's shares fell 14 percent by late morning in European trading, to 55.61 euros.

Finance Honda Passport crossover SUV teased ahead of LA revival
Author: 0 Honda Passport crossover SUV teased ahead of LA revival

The Japanese automaker was coy about any other details on the new vehicle. Teaser images of it driving down a dirt road speak to this description, but don't reveal entirely what it looks like, how many rows of seating it will have or what type of powertrain is under the hood.

Finance Lion Air Crash: Victim's Family Sues Boeing Over Faulty Aircraft Design
Author: 0 Lion Air Crash: Victim's Family Sues Boeing Over Faulty Aircraft Design

Earlier on Wednesday, a top Lion Air official alleged that the company failed to warn pilots about the potential risks of the new safety feature connected to the crash. The incident comes as authorities continue to search for the bodies of passengers from the fatal crash of the Lion Air flight JT610, which plunged into the Java Sea en route to Pangkal Pinang .

Finance Woman killed, 47 injured during fuel tax protest, French officials say
Author: 0 Woman killed, 47 injured during fuel tax protest, French officials say

The BBC reports that the woman was desperate to get her daughter to the hospital and was sent into a panic as protesters surrounded her auto and began hitting her roof. Hundreds of protesters took over the Place de la Concorde at the bottom of the avenue, shouting "Macron resign" as police looked on. Starting from the early hours of Saturday, tens of thousands of people have taken to the streets of French cities to express their discontent with the policies of President Emmanuel Macron ...

Finance Jennie-O Recalling Ground Turkey Amid Widespread Salmonella Outbreak
Author: 0 Jennie-O Recalling Ground Turkey Amid Widespread Salmonella Outbreak

Just in time for Thanksgiving, the USDA is raising the alarm about raw turkey. Click the image to see a larger version. "15% FAT" with a "Use by" date of 10/02/2018. They say additional products from other companies could be named as their investigation continues. Consumption of food contaminated with Salmonella can cause salmonellosis, one of the most common bacterial foodborne illnesses.

Finance FDA seeking to restrict access to flavored e-cigarettes, ban menthol
Author: 0 FDA seeking to restrict access to flavored e-cigarettes, ban menthol

The reason mint- and menthol-flavored e-cigarettes are not included is they are more popular with adults who may be using them to decrease or stop their use of traditional cigarettes. Well, I don't think we ever said that was going to be an outright ban on the e-cigarettes. BAT said that while "flavors play an important role in an adult smoker's transition out of smoking, we understand the FDA's concern that some flavors can play a role in increasing youth appeal".

Finance New GOP Leaders Stick With Trump Despite Midterm Losses
Author: 0 New GOP Leaders Stick With Trump Despite Midterm Losses

House Republicans have elected to keep Rep. Kevin McCarthy of California at the head of party leadership, the Associated Press reports. McCarthy declined to assign blame for any midterm losses to the president and his bombastic immigration-centric rhetoric.

Finance Unruly Irish Passenger Abuses, Spits At Crew On Air India Flight
Author: 0 Unruly Irish Passenger Abuses, Spits At Crew On Air India Flight

The passenger adds: "Don't get any money for it by the way. She then came to the galley and spat on the face of a crew member, before twisting her arm and injuring her", ToI quoted a source. "All you had to do was give me a f***ing drink". Warning: The video contains strong language . At one point she turns to the camera and threatens the person recording, saying she has ties to the "Irish Republican Army".

Finance Theresa May's Brexit deal gets backing of cabinet
Author: 0 Theresa May's Brexit deal gets backing of cabinet

Earlier Thursday, British Brexit Secretary Dominic Raab and British Work and Pensions Secretary Esther McVey resigned to withdraw their support for the draft agreement. The Brexit transition period can be extended beyond December 31, 2020, if there is still no agreement on a future relationship . A United Kingdom government explanatory note on the deal said this meant that "there will be an option to avoid the backstop, even in the event that our future relationship is not complete and a ...

Finance After three weeks, still no claim for $1.5B Mega Millions jackpot
Author: 0 After three weeks, still no claim for $1.5B Mega Millions jackpot

The winning ticket , which had the correct combination for the $1.586 billion jackpot, was sold at KC Mart in Simpsonville, South Carolina , where stores receive 1 percent of the value of a winning ticket for any prize over $10,000. The winner's time runs out on April 21. The South Carolina Education Lottery advises the victor to place the ticket in a safe location and speak with a trusted financial adviser.

Finance World Business Report, Menthol cigarettes could be banned
Author: 0 World Business Report, Menthol cigarettes could be banned

BAT owns Newport, the leading menthol brand in the USA, and sales of the mint-flavoured products there are estimated to bring in a quarter of the company's revenues, according to analysts at Morgan Stanley. Imperial will continue to engage with the FDA about menthol cigarettes, but will not comment further until there's a formal update from the agency, spokesman Simon Evans said by email.

Finance Oil rout runs to 12 days on supercharged selling
Author: 0 Oil rout runs to 12 days on supercharged selling

But when President Donald Trump imposed sanctions November 5, he issued six-month waivers for some of Iran's biggest oil customers. The American Petroleum Institute said late on Wednesday that crude inventories rose by 8.8 million barrels in the week to November 9 to 440.7 million, compared with analyst expectations for an increase of 3.2 million barrels.

Finance Why Oil Prices Are Rebounding Despite What Trump Wants
Author: 0 Why Oil Prices Are Rebounding Despite What Trump Wants

That came after reports that Saudi Arabia was considering a production cut at the December OPEC meeting, on increased alarm that supply has started to outpace consumption. The contract slumped $4.65 to $65.47 a barrel on Tuesday. The global benchmark crude traded at a US$9.83 premium to WTI for the same month. "OPEC and Russian Federation are under pressure to reduce current production levels, which is a decision that we expect to be taken at the next OPEC meeting on December 6", said ...

Finance Saudi Arabia is reducing oil supply; OPEC may cut too
Author: 0 Saudi Arabia is reducing oil supply; OPEC may cut too

Russia , the world's second-biggest producer, said it would commit to any new agreement among producers to cut output. Suheil al-Mazrouei, energy minister of the host country UAE, hinted that producers are preparing to cut output. Oil prices have shed about one fifth of their value over the past month on oversupplies and signs of a softer-than-expected impact from USA sanctions on Iranian crude exports.

Finance Apple Shares Tumble Along With iPhone Suppliers As Sales Dry Up
Author: 0 Apple Shares Tumble Along With iPhone Suppliers As Sales Dry Up

Apple Inc shares fell to their lowest in more than three months on Monday (Nov 12) as three suppliers issued warnings on results that pointed to weakness in iPhone sales. In other words, whether or not iPhone XR sales are above or below projections is arguably irrelevant as long as Apple keeps finding ways to boost revenue, which is clearly more important than how any one specific iPhone model is doing in the marketplace.

Finance Where to Get Free Coffee on Veterans Day 2018
Author: 0 Where to Get Free Coffee on Veterans Day 2018

Petersburg, Tampa, Wesley Chapel) - Free meal from a select menu for veterans and active duty on Sunday. Proof of service is required. Applebee's is inviting all active-duty military and vets to enjoy a free meal on Sunday, November 11 .

Finance Facebook Went Down For Users Across The World
Author: 0 Facebook Went Down For Users Across The World

Outage reports show there are still widespread outages in the eastern US with more isolated outages in the central and western U.S. If you didn't live through it yourself, the website detector, Downdetector confirmed that "Facebook is having issues since 12:56 PM EST".

Finance Amazon reportedly picks NY, northern Virginia for HQ2
Author: 0 Amazon reportedly picks NY, northern Virginia for HQ2

Employees at the Seattle headquarters will be given the option to stay there, or relocate to the new HQ2, Amazon said past year. The Wall Street Journal reports that the company will choose New York City and Northern Virginia to be the homes for its second and third headquarters, specifically Long Island City and Crystal City.

Finance Investigation Opened After Pilots Report UFO Sighting
Author: 0 Investigation Opened After Pilots Report UFO Sighting

Shannon ATC replied: " There is nothing showing on either primary or secondary [radar ]". A pilot from a Virgin Airlines plane, callsign Virgin76, then speaks to air traffic control and says in fact it might be a "meteor or another object making some kind of re-entry".

Author: 0 Oil prices rise 1.5% after Saudi Arabia announces supply cut in December

Oil has been tumbling on heavy supply levels recently and so this announcement over the weekend that Saudi Arabia will limit supply by cutting 500K barrels per day from December has resulted in USA crude being bid. Falih said they would then decide whether to adjust production and by how much. "With the Iranian sanctions not being as severe as initially feared, officials from the OPEC and non-OPEC producers may discuss at the weekend the need to bring compliance back down.

Finance Will oil price shoot up again?
Author: 0 Will oil price shoot up again?

Falih agreed in a meeting in Baghdad on Saturday on joint coordination with Iraq to achieve more stability in the oil market, Iraqi Oil Ministry spokesman Asim Jihad said. "We need not overreact" to falling prices, Mazrouei said, adding that crude was a dynamic market. Brent crude dropped below $70 a barrel on Friday for the first time since April, while the New York's West Texas Intermediate sank below $60 a barrel, a nine-month low.

Finance Global Markets: Equities dip ahead of Fed statement, USA dollar
Author: 0 Global Markets: Equities dip ahead of Fed statement, USA dollar

Some Fed officials also believed that U.S. interest rates might have to rise high enough to prevent economic overheating, according to the minutes of the Fed's September policy meeting released last month. economy added a larger-than-expected 250,000 jobs in October, with the unemployment rate unchanged at 3.7 per cent, the lowest level in nearly five decades.

Finance French 'seize' Ryanair plane in Bordeaux over €525000 'debt'
Author: 0 French 'seize' Ryanair plane in Bordeaux over €525000 'debt'

The passengers eventually took off five hours late on another Ryanair aircraft. Directorate General of Civil Aviation (DGAC) said the seizure of the Boeing 737 was to recover money given to Ryanair concerning its activities at Angouleme airport, situated in western, central France .

Finance Alibaba's Singles' Day sales hit new high, $24.3 billion by midday
Author: 0 Alibaba's Singles' Day sales hit new high, $24.3 billion by midday

Chinese e-commerce giant Alibaba Group Holding Ltd settled roughly 69 billion yuan ($9.92 billion) in the first hour of its annual Singles' Day on Sunday, up roughly 21 percent from last year's early haul of 57 billion yuan. Media captionAlibaba Singles Day: Dollars or data? Alibaba kicks off the annual event with a gala, which this year featured USA singer Mariah Carey, a Japanese Beyonce impersonator and a shoe-shopping-themed Cirque du Soleil performance.