Monday, 18 June 2018
Latest news
Home » Money

Money

Senators demand answers from Facebook after data sharing report

perth_map

Mr Nix in his previous testimony to lawmakers denied that Cambridge Analytica had ever been given data by Aleksandr Kogan, an academic researcher. "The negativity that has been swirling around social media's use of our personal data since the Cambridge Analytica scandal broke is clearly impacting on Brits' decisions to use and rely upon these platforms". Read More »

Tesla reveals second picture of its upcoming Model Y

perth_map

The NTSB noted in its preliminary report that it is continuing work with the California Highway Patrol and the California Department of Transportation in investigating the accident . Tesla hasn't issued a statement regarding the NTSB's report but in a blog post published a few weeks ago, the EV maker said the following: "The driver had about five seconds and 150 meters of unobstructed view of the concrete divider with the crushed crash attenuator, but the vehicle logs show that no action ... Read More »

London share trading delayed by one hour

perth_map

The exchange eventually began trading at 9.00 a.m. BST (4.00 a.m. ET), following a 15-minute auction to determine the opening prices of securities traded at the venue. Last month, Euronext experienced a glitch that caused problems publishing major indices, including the French Cac 40. In March, equities and futures trading on Germany's Deutsche Burse failed to start on time amid " technical issues " with its trading system. Read More »

Poundworld shops could close after buyer pulls out of talks

Flacks, a United States firm which was linked to a bid at the weekend, is not regarded as a serious bidder for the UK-based bargains chain. It emerged over the weekend that Alteri Investors, the backer of troubled chains such as Brantano and Jones Bootmaker, was in discussions over a possible rescue deal for Poundworld. Read More »

Trudeau expects 'difficult' conversations with Trump at G7

perth_map

In its claim, Mexico accused the US of using national security as an excuse to impose 25 percent tariffs on steel and 10 percent tariffs on aluminum, saying the true motivation is economic. A Canadian government official, speaking on the condition of anonymity to discuss diplomatic relations, said there have always been one-on-one talks as part of the NAFTA negotiations but noted that the trade pact is a three-country agreement and that any resolution would require all three countries to ... Read More »

Heinz Salad Cream to be renamed after 104-years of production

perth_map

The shocking move comes after it was revealed that only 14 per cent of shoppers admitted to using the sauce on salads , suggesting that the name no longer reflects what people use it for. People don't understand how to eat it is the problem according to Heinz's Joel Hughes, who said: "As a market leading business, Kraft Heinz continues to audit its portfolio in order to meet the needs of consumers". Read More »

Video shows rats crawling through bags of Burger King buns

perth_map

As of late Tuesday, Johnson's post had generated more than 742,000 views and 22,000 shares. The Division of Public Health Office of Food Protection received a complaint on June 1 after the video footage surfaced of the mice appearing to scurry about on the rolls in the restaurant, spokeswoman Andrea Wojcik said in a public statement from the health agency. Read More »

Chuck Schumer Rips Trump Amid Reported ZTE Deal

perth_map

They'll have to pay a $1 billion fine, plus $400 million in escrow in case they do more shady sh*t. ZTE, the Chinese telecommunications company trying to resolve a seven-year U.S. ZTE did not immediately respond to requests for comment. It will also allow unfettered site visits to verify that U.S. components are being used correctly, and post calculations of USA parts in its products on a public website. Read More »

Cadillac Super Cruise is finally getting the roll-out it deserves

perth_map

GM is "committed to ushering in a new era of personal transportation, and technologies like these will enable it", Reuss said in a statement . General Motors Co said on Wednesday it will expand the roll-out of its driver assistance feature Super Cruise to all its Cadillac models beginning 2020. Read More »

ZTE will reportedly pay over $1 billion to lift USA ban

The preliminary deal includes a $1 billion (roughly Rs. 6,700 crores) fine against ZTE plus $400 million (roughly Rs. 2,700 crores) in escrow to cover any future violations, sources said , adding that the terms were in line with Reuters reporting on the usa demands on Friday. Read More »

Bayer to complete Monsanto takeover

perth_map

It "intends to use the net proceeds from this transaction and the bond issues to repay amounts drawn under the syndicated loan facilities agreement for the acquisition of Monsanto ". merger-enforcement case, the government said. The capital increase was "a significant component of the financing for the acquisition of Monsanto and the final equity measure associated with this undertaking", said chief executive Werner Baumann. Read More »

EU says tit-for-tat tariffs against US ready in July

perth_map

European Commission Vice President Maros Sefcovic said Wednesday that formalities in finalizing the EU's response should be completed this month and "that the duties start applying from July". The European Union originally drew up the list in March but pledged not activate it unless US President Donald Trump followed through on his threat to impose 25 percent tariffs on steel imports and 10 percent on aluminium. Read More »

Kairana effect? Rs 8,000 crore aid for sugar industry

perth_map

The package is also expected to include a scheme worth over Rs 4,400 crore for increasing the capacity for production of ethanol, one of the by-products of sugarcane. This, along with the 30 LMT buffer stock, will regulate supplies in the market and help prop up sugar prices, sources said. CCEA has also made a decision to fix the minimum selling price of white/refined sugar at Rs 29 per kg and impose stock holding limits on sugar mills, Food minister Ram Vilas Paswan told reporters here. Read More »

Commuters in Bolton struggle to board Northern Rail train

perth_map

We say to Prime Minister Theresa May: if, as he did last week, your Minister refuses to acknowledge his failings and refuses to accept responsibility for the interminable disruption for which he - whether he likes it or not - is ultimately responsible, then you must. Read More »

Elon Musk fends off challenge to Tesla control

perth_map

Tesla shareholders voted against a proposal to split the chairman and chief executive jobs, both of which the billionaire holds, and in favour of the re-election of three directors, whose removal was also demanded by a group of investors. Shares fell as much as 7 percent after Musk's snub, evaporating $2 billion from Tesla's stock market value. Musk told investors that an announcement about a China factory would come "really soon". Read More »

92 million MyHeritage users had their data quietly swiped

perth_map

In a blog post on Monday, a company official said MyHeritage had been contacted by an independent security researcher about a file found on a private server that appeared to contain information from MyHeritage users. Having a hashed password does not mean that the real password is revealed. More sensitive information, such as credit card information, family trees, and DNA data, are stored in a different place than email addresses and passwords, and MyHeritage believes that information was ... Read More »

Lord & Taylor to close storied flagship on Fifth Avenue

perth_map

Saks Fifth Avenue had a 6 percent comparable sales increase. Shares of the department store chain dropped as much as 12.5 percent in early trading on the Toronto Stock Exchange, and were down 6.5 percent at C$9.93 at 9:40 a.m. At its European division, Ms. Foulkes said she has already gotten rid of layers of management to encourage faster decision making and bolster results. Read More »

Google won't renew Pentagon AI project after employees protest

perth_map

The petition also demanded the company implement "a clear policy stating that neither Google nor its contractors will ever build warfare technology", the New York Times reported . The guidelines will be released, "very, very soon,"Google Chief Executive Sundar Pichai said in a recording of a staff meeting last week reviewed by Reuters". Read More »

Canadian dollar slips as Trump mulls bilateral NAFTA talks

perth_map

White House chief economic adviser Larry Kudlow says Trump wants separate talks with Canada and Mexico. "His preference now-and he asked me to convey this-is to actually negotiate with Mexico and Canada separately", Kudlow said. The levies, which took effect June 1, have further chilled relations, with Canada and Mexico vowing retaliation on American producers. An anonymous senior Canadian official told AFP that Canada was not taking such an option off the table, but would prefer to keep ... Read More »

Oil Falls 2%, US Crude Hits Lowest Since Early April

perth_map

Brent crude, the global oil benchmark, dropped 1.3% to $74.25 a barrel on London's ICE Futures exchange. Earlier on Tuesday, Bloomberg reported that the USA government had asked them to increase oil production by about 1 million barrels per day (bpd). Read More »

What will Trump tariffs mean for the North Country?

perth_map

Trump does agree with May and Trudeau on one thing: All have mentioned discussing the matter later this week when they all will participate in a G7 summit in Quebec, Canada. The bloc has responded to the metals tariffs by filing a legal challenge and moving to impose tariffs on American products including bourbon and motorcycles. Read More »

Murdoch bid for Sky to go ahead with sale of Sky News

perth_map

The takeover was held up by politicians and regulators who feared it could give Rupert Murdoch too much influence over the media in the UK. The government will allow 21st Century Fox to take over Sky as long as it sells Sky News and betters a rival offer from Comcast. Read More »

Mexico slaps retaliatory tariffs on U.S

Theresa May has told President Donald Trump in a phone call that USA tariffs on European Union steel are "unjustified and deeply disappointing". Mexico, Canada , China and others have treated them unfairly. China reiterated its threat on Sunday in the wake of the Trump administration saying the trade war was "on hold" and then back on again. Galimberti noted that there are tariffs on Canadian exports of steel and aluminum to the US but nothing yet on American exports entering Canada, ... Read More »

Qatar Airways CEO Says Women Can't Do His Job Because It's Hard

perth_map

He made the comment at IATA's annual meeting, where improving diversity at airlines was a big theme. Moments after becoming chairman of the International Air Transport Association's board of governors, one of the world's biggest boys' clubs, Al Baker did little to suggest things will change. Read More »

Petrol prices start to fall after hitting four-year high in Australia

perth_map

Chart 3.3 shows quarterly average retail prices in Brisbane and average prices across Sydney , Melbourne , Adelaide and Perth over the two years to March 2018. "For further falls in petrol prices to occur, Saudi Arabia and Russian Federation will need to be more definite about an easing of the production restraint agreement". Read More »

Apple Introduces New Controls for Limiting Time Spent on Devices

perth_map

He also said Apple would crack down on so-called "fingerprinting", in which data companies identify specific devices by creating a unique fingerprint based on a device's particular configuration settings, installed fonts and plug-ins. Finder upgrades were also on show, with a new "gallery view" previewed by Apple . According to CNET, the Memoji appears to have a leg up on Samsung's AR Emoji because you have the option to choose eye color, shape, ear shape, freckles, different ... Read More »

All Starbucks To Close Today For Anti-Bias Training

perth_map

At the company's Pike Place Market location in Seattle, commonly referred to as the original Starbucks, the store stopped letting people in at 1 p.m. Starbucks is sharing training content with licensed business partners to make it available to their employees at a later date. Read More »

Undertaker Set to Make Madison Square Garden Return

perth_map

Then, he showed up at the event and essentially squashed Cena in a short match to leave WrestleMania victorious and riding high once again. After his appearance at the WWE's Greatest Royal Rumble pay-per-view in April in Saudia Arabia, the company has today announced Taker will be back in the ring on Saturday, July 7th. Read More »

Fears over Italy turmoil spread through global markets

perth_map

The dollar dropped and oil climbed. The Shanghai Composite Index retreated 0.5 percent to 3,120.46. West Texas crude surged above $68 a barrel, lifting energy companies. -North Korean summit and on the U.S. It's the last before the June Fed meeting. U.S. Secretary of State Mike Pompeo and high-ranking North Korean official Kim Yong Chol will hold a second day of meetings in NY later as they try to set the stage for an historic summit between their two leaders. Read More »

Howard Schultz stepping down from Starbucks, doesn't rule out presidential run

perth_map

The move has raised questions about his political ambitions. Schultz said he was considering "a range of options for myself, from philanthropy to public service", but wasn't sure what the future would hold. "Ullman, former chairman and CEO of J.C. Penney, was named chair, while Mellody Hobson, president and director of Chicago-based investment management firm Ariel Investments, will be named vice chair", reports CNBC. Read More »

Lululemon Athletica (LULU) Price Target Raised to $125.00

perth_map

The company has 135.97 Million shares outstanding and 105.64 Million shares were floated in market. Patten & Patten Inc Tn reported 33,390 shares or 0.3% of all its holdings. Therefore 58% are positive. The highest price LULU stock touched in the last 12 month was $123.84 and the lowest price it hit in the same period was $51.3. Read More »