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Shaktikanta Das assumes charge as new RBI Governor

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While there's been much speculation on whether the RBI board meeting scheduled for December 14 will be put off or not, it is learnt that there's no change in date. He retired as the Economic Affairs Secretary in May 2017. Das will have a three-year term, an official order said. "The government is not just a stakeholder.the government of the day rus the economy.and manages major policy decisions". Read More »

Some Kotex Tampons Recalled After Reports of Pieces Left Inside Users’ Bodies

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Problems related to the recalled products can be reported by health care professionals in the United States to MedWatch and in Canada to Health Canada . Some Kotex tampons were recalled Wednesday after reports that the feminine products left pieces inside the body of customers. Retailers have been asked to remove the product from store shelves. Read More »

''Oil producers to review output cut in April''

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Oil markets continued declining as OPEC oil ministers met in Vienna on December 6. The decision to cut back on supply next year comes amid an oil market plagued by oversupply which has seen the price of crude lose more than 30% of its value since October. Read More »

Australian regulator says probe of tech giants spurs 5 investigations

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Facebook and Google's algorithms governing the display of advertisements lacked transparency, the ACCC said in its report, giving the firms "both the ability and incentive to favour their own related businesses" ahead of advertisers'. " Google is in effect a gateway between consumers and news and this intermediation reduces the differentiation between online news and devalues media brands", Sims said. Read More »

Theresa May facing party leadership challenge amid Brexit troubles

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The embattled leader said she would relay concerns to European Union leaders, but also warned it was one of several "inescapable" compromises needed to get an agreement. Last month May concluded the Brexit deal, which would see the United Kingdom pay of hundreds of millions of pounds to settle debts, and enter a transition phase in which it follows European Union rules it has lost influence over. Read More »

Lawmakers Grill Google CEO Sundar Pichai. But He Emerges Merely Singed

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Pichai dodged questions about reports that Google was planning to provide a search engine in China that would allow the Chinese government to censor results. When Pichai said he would have to look at the congressman's phone settings to know, Poe whined that it wasn't a good enough answer. During the hearing, several Republicans on the committee, including Representative Lamar Smith , said there was "political bias baked into" Google's culture. Read More »

China threatens consequences if Huawei CFO Meng Wanzhou is not released

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She was arrested in Canada on December 1 on a United States extradition request. -China trade tensions at a time when the two countries are seeking to resolve a dispute over Beijing's technology and industrial strategy. 'We believe this is inhumane and violates her human rights, ' Lu said at a regular press briefing. The Crown argued Meng should be denied bail, claiming she is a flight risk. Read More »

Poll of the week POLL: Should MPs vote for Theresa May's deal?

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In response, a spokesperson said that it is the government's "firm policy" that Article 50 would not be revoked despite speculation that a vote on May's deal would be subject to a huge defeat in the House of Commons. "They also agreed that preparations for a "no deal" outcome should intensify", it said. Downing Street was unable to give any indication of when the vote will now be held, saying that this would depend on how quickly Mrs May is able to secure the assurances which will satisfy MPs. Read More »

Apple hit by Chinese sales ban on older iPhones, Qualcomm says

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The injunction affects devices running older versions of Apple's iOS operating system and not those running the latest version, iOS 12 . In a statement, Apple said that all iPhone models remain available for its customers in China, one of the company's biggest markets in terms of iPhone sales. Read More »

Japanese Prosecutors File Charges Against Former Nissan Chairman Carlos Ghosn

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The authorities had been expected to re-arrest Ghosn on suspicion that he also under-reported his income by a further four billion yen over the past three years. Ghosn, whose arrest on 19 November rocked the Japanese auto industry and cast doubts over the future of Nissan's alliance with Renault , is facing another 20 days in detention after prosecutors added to the charges against him and another Nissan executive, Greg Kelly. Read More »

Tumblr to ban adult content starting December 17

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Tumblr said content still allowed includes "written content such as erotica, nudity related to political or newsworthy speech, and nudity found in art, such as sculptures and illustrations". How much of Tumblr's content consists of "adult imagery" is debatable. If that happens, it wouldn't be the first time. " Tumblr is known as being this creative environment and space where you can experiment, where you can put a little bit about yourself out there that you aren't comfortable ... Read More »

Trump says China trade talks 'going very well'

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The statement comes after Trump threatened to place major tariffs on imported Chinese goods if his administration is unable to reach an effective trade deal with Beijing. High Chinese retaliatory tariffs on US soybeans have caused the USA exports of soybeans to drop by as much as 97 percent . The two sides will also negotiate "structural changes" to forced technology transfer, intellectual property protection, cyber intrusions and cyber theft, services and agriculture, according to the ... Read More »

Nissan to recall 150000 cars due to improper checks

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Several employees admitted to carrying out "improper" tests on brake and other systems before shipment, reported AFP . Nissan admitted earlier this year to altering the results of exhaust emissions and fuel economy tests for new vehicles sold in Japan. Read More »

Fiat to make new Grand Cherokee in Detroit

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Market capitalization refers to the entire dollar market cost of a company's outstanding shares. The company exchanged hands with 3574377 shares contrast to its average daily volume of 7.55M shares. Investors will often follow stock price levels in relation to the 52-week high and low levels. The Return on Equity (ROE) and Return on Investment (ROI) values are 0 percent and 0 percent respectively. Read More »

Winter Weather Warnings, Advisories issued until Sunday morning

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Churches across the region have canceled Sunday services, and many schools are planning to shutter their doors on Monday. Other airports that could be affected include Asheville and Raleigh-Durham International in North Carolina, Lynchburg and Roanoke in Virginia and Greenville-Spartanburg International, South Carolina. Read More »

Oil producers join forces and cut production again

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Allies of the cartel led by Russian Federation agreed to cut an additional 400,000 barrels per day. Because these countries control such a large share of the total oil market, OPEC has an incredible amount of power when it comes to regulating prices. Read More »

Unemployment hits new lows across Canada, but wages stuck in neutral: StatsCan

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For comparison, the unemployment rate for Kamloops in November 2017 was a whopping 10.7 per cent. Canada and provincial numbers are being attributed to gains in full-time employment. An interesting addition to this month's Labour Survey is the increase in jobs in the cannabis industry. But Friday's report also contained disappointing details. Read More »

Data show a job market that's slowing, or at least pausing

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The low jobless rate of 3.7 percent - which has been steady for the last few months - remains a bright spot for the Trump administration. The November result was substantially weaker than the 189,000 new jobs economists had been expecting to see and also fell short of average gains recorded over the previous year. Read More »

Airplane skids off runway while trying to land in heavy rain

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The FAA confirmed the incident on Twitter, saying the plane came to rest in the Engineered Material Arresting System, a bed to quickly stop aircraft, at the end of the runway. According to flight-tracking website FlightAware.com , Hollywood Burbank Airport had experienced 35 flight cancellations and 27 delays as of 12:30 p.m. Read More »

All-new Skoda Scala hatchback unveiled

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The interior of the new Skoda SCALA . "We're convinced that the Scala has the best chance of redefining the A segment for Skoda ". The Scala measures 4,362 mm long, 1,793 mm wide and 1,471 mm tall and has a 2,649 mm wheelbase. A 1.0 G-Tec CNG engine rated at 89 BHP will be offered at a later date. This is electrically unlocked at the push of a button in the boot. With a pair of slim, angular LED headlights (standard, full LED is optional), wide radiator grille with vertical slats and thick ... Read More »

Altria to marry pot with big tobacco in $1.8 billion Cronos deal

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Cronos had previously confirmed reports that it was in talks with Altria , which joins Molson Coors, Constellation Brands and other established companies that are making moves in the cannabis space. Reuters had first reported on the deal negotiations on Monday. With smoking rates in the U.S. falling fast, Altria is under pressure to find new sources of revenue. Read More »

Apple Is Now Selling Clear $39 iPhone Xr Cases

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DxOMark further elaborates that the Apple iPhone XR gets the key photo attributes of exposure, color, detail, noise, and artifacts right with similar performance to that of the Apple iPhone XS Max , while zoom and bokeh capabilities aren't as strong as the more expensive iPhones thanks to the single-lens setup. Read More »

Fiat Panda panned by safety chiefs

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This year trials have been more complex and strict than ever before.They included testing of a cyclist detection system with automatic braking and lane keep assist in emergencies. "This latest award from Euro NCAP confirms the I-PACEs exceptional safety standards", JLR Senior Project Leader Body Engineering Simon Black said. Euro NCAP testing puts a lot more weight on driver assistance systems in its testing, an area where the new Wrangler is somewhat lacking. Read More »

Wall Street reels as Dow Jones falls over 800 points

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The Dow Jones plunged nearly 800 points, while the S&P 500 was driven lower by financials, which shed nearly 4.4 per cent. The Dow Jones Industrial Average slipped by 2.5pc mid-session on Tuesday, with industrial companies and financials leading the declines. Read More »

Why Was George H.W. Bush Called Poppy Bush?

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But Bush didn't like to brag, according to Chris Buckley, who was a speechwriter for Bush. The 41st president of the US served from 1989 to 1993 and watched his son, George W. In a 2006 interview with CNN's Larry King on "Larry King Live", Bush, who flew combat missions in World War II, read part of a letter he wrote his five children before the start of the Gulf War in which he discussed the phrase. Read More »

Trump is leading US trade negotiations with China: Mnuchin

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The G20 produced some major developments on the trade war front, with the USA and China agreeing to a 90-day truce while a deal is negotiated. Trump tweeted on Monday that his meeting with President Xi was "extraordinary", and that "very good things" will happen in terms of the United States' relationship with China. Read More »

Brexit deal debate continues in House of Commons

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She suggested MPs could be "given a role" in deciding whether to activate the backstop, which is created to stop the return of a physical border. The Home office published plans on Thursday which revealed that the policy for those from other European Union countries living in the United Kingdom will shift slightly to make deadlines tighter and making it harder for families to move over. Read More »

World markets down after arrest of Huawei executive

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Foreign ministry spokesman Geng Shuang told reporters today that the Chinese government also wants Canadian officials to reveal the reasoning behind Meng Wanzhou's arrest in transit on Saturday. Meng was changing flights in Canada when she was detained "on behalf of the United States of America" to face unspecified charges in NY, according to a Huawei statement. Read More »

Huawei finance chief Meng Wanzhou arrested in Canada

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Hu Xijin, editor-in-chief of the Global Times (one of China's most hawkish state-run newspapers), commented on his Twitter account that "The U.S. The US sees Huawei and smaller Chinese tech suppliers as possible fronts for spying and as commercial competitors. The ban almost killed the Chinese tech company, which said it was forced to cease major operations in May. Read More »

Trump optimistic despite haze around China trade

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China's ultimate goal during the 90-day trade talks is to remove all USA tariffs imposed on Chinese goods, Gao said. Kudlow also said the goal was to eliminate all tariffs on any imports, which is a departure from what Trump wrote on Tuesday in a Twitter post , when he said he was a "tariff man". Read More »

Oil prices ease in cautious trading ahead of OPEC meeting

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Events in the Austrian capital weren't the only story on Thursday. "Hopefully OPEC will be keeping oil flows as is, not restricted", he wrote on Twitter on Wednesday. Donald Trump has often complained about OPEC this year as higher crude oil prices have raised fuel cost. We have to get the non-OPEC countries on board. Read More »