Tuesday, 16 October 2018
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Air scare: Passenger onboard Jet Airways flight narrates the entire ordeal

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The official said the DGCA would look into the incident first and then a decision would be taken on whether the matter should be referred to the AAIB. The flight, which was carrying 324 passengers, had landed safely. An investigation has been launched by the aviation ministry and the cockpit crew have been suspended from duties amid allegations pilots "forgot" to turn a switch to regulate cabin pressure . Read More »

China's Alibaba doubles down on chips amid cloud computing push

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Jack Ma, Alibaba co-founder and chairman, said then that China needed to control its "core technology" like chips to avoid over-reliance on USA imports, something which has been put in the spotlight by whipsawing trade tensions. "Middle term, a lot of Chinese business will move to other countries", he warned. Earlier on Tuesday, China had retaliated by slapping tariffs on Dollars 60 billion of American products and its state council announced that the new tariffs would be imposed at rates ... Read More »

Airline Doesn't Give A Flying F About Spelling Its Own Name Right

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Travellers at Hong Kong International Airport spotted the sign-writer's mistake and contacted the airline immediately. "Oops ... She's going back to the shop!" a company social media staffer joked on Twitter . "Should be a blank gap in between letters if it was a real mistake, I think". "Air travel needs to lighten up". Cathay Pacific and Boeing jointly announced that the historic first B777-200, line number WA001 and registered B-HNL, will fly from Hong Kong to Tucson September ... Read More »

Strawberry needle scare: Australia probe as 'vicious crime' widens

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Mr Morrison said the new legislation would also target those behind copycat and hoax incidents. "We want to highlight that without immediate consumer support, the industry will be forced to abandon their crops or continue dumping fruit and we may not have a strawberry industry next year", Strawberry Growers Association of Western Australia vice president Paul Da Silva told the news site. Read More »

McDonald's workers nationwide strike to protest sexual harassment

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The statement in question claims, "This committee would chart a path forward to make sure nobody who works for McDonald's faces sexual harassment on the job". Employees at McDonald's in numerous cities will be participating in the strike. She is one of several workers, mostly female, expected to strike Tuesday. Read More »

UK Brexit minister sees no alternative to Irish border plan: Spiegel

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Tusk also stressed the need to find a solution on the thorny issue of Ireland's border with British Northern Ireland after Brexit , "so as to be sure that there will be no hard border in the future". He called on other MPs to see through Britain's exit rather than risk an impasse in Parliament, or a general election, saying that the United Kingdom has to "take advantage of the opportunities of being outside the European Union". Read More »

Saudi PIF invests $1bn in Lucid Motors

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Based in Newark, California, Lucid Motors was founded in 2007 as Atieva by Bernard Tse, a former Tesla vice president and board member, and Sam Weng, a former executive at Oracle Corp. Headquartered in Silicon Valley, Lucid's mission is to inspire the adoption of sustainable energy by creating the most captivating electric vehicles. Read More »

Celebrate National Cheeseburger Day with free or discounted burgers, and nothing else

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BurgerFi is offering a buy one, get one for $1 deal on their cheeseburgers. Fuddruckers is taking a different approach to National Cheeseburger Day: a 3-Pound Burger Challenge . The deal is only good at participating locations, too, so check with your local restaurant before making the trip. Ruby Tuesday : Purchase an entrée between September 18 and 19, and receive a free Ruby Tuesday Cheeseburger. Read More »

European Union says U.S. tariffs on China 'very unfortunate'

U.S. President Donald Trump chose to begin taxing the imports - equal to almost 40 per cent of goods China sold the United States a year ago - after a public comment period. Trump threatened that nations that don't make "fair" deals withe US with getting "Tariffed" on Monday morning prepared to slap the trade rival with the expected $200 billion in penalties. Read More »

China says to 'take countermeasures' after new USA tariffs

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Donald Trump says the new move is in line with an ongoing study by the United States Trade Representative (USTR). The White House apparently doesn't even have an organized process or infrastructure for carrying out negotiations with the Chinese, or even for communicating demands. Read More »

USA imposes new $200bn tariffs on China

The Trump administration also threatened to pursue additional tariffs on $267 billion worth of Chinese goods if Beijing retaliates against farmers or other USA industries. Equity futures were showing gains the morning after the Trump administration applied additional tariffs on $200 billion of Chinese goods. But Trump quickly backed away from the truce. Read More »

U.S. imposes new $200 billion tariffs on China

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In the latest iteration, almost half of Chinese imports face tariffs, including consumer products that range from furniture to building products and seafood. Though China had begun discussing plans to attend, it is now rethinking whether to attend because of the possibility that new tariffs may be announced this week. Read More »

Vijaya, Dena, Bank of Baroda to be merged

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The government on Monday announced the decision and said that it is being done as part of efforts to revive country's economic growth and credit system. "This amalgamated entity will increase banking operations", he said, of the merger of the three banks. "This major decision was taken by [the] Alternative Mechanism today to amalgamate Bank of Baroda, Dena Bank and Vijaya Bank. Read More »

Trump's $200 billion China threat wobbles European, hurts Asian stocks

The latest round of imports will face 10 percent tariffs through the end of the year, and then the rate will jump to 25 percent. Trump started out in July and August with a more modest US$50 billion round of tariffs targeting aircraft parts, computer hard drives, machinery and appliances, optical and surgical equipment as well as autos - goods Washington said had benefited from unfair trade practices. Read More »

Trump claims tariffs successful as China battle intensifies

A White House statement said tariffs would start at 10 percent and go into effect in a week, on September 24, before kicking into full gear at 25 percent at the start of the new calendar year. The tough talk follows reports China is deliberately reducing exports to the U.S. by slowing down customs approvals and stepping up environmental and other inspections. Read More »

Aurora Cannabis shares rise on reported talks with Coca-Cola

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The development is viewed to cushion Coca-Cola from the adverse effects of its declining sales and also a move to further diversify beyond its traditional base of sugary beverages. The marijuana industry has been attracting interest from a handful of big corporate names as Canada and a wave of USA states move to legalize recreational use of the drug. Read More »

Mayor of London calls for second Brexit referendum

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Khan denied claims he had called for the vote in order to distract from his record as London mayor, saying a record number of homes had been started in the capital a year ago. "It's really important that this is not a re-run of the referendum but the British public having a say for the first time on the outcome", Mr Khan told the BBC . Read More »

The QLD Government Is Offering A $100k Reward For The Strawberry Tamperer

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There were no reported injuries, but all remaining stock has been removed from all the supermarket's locations. Berry Obsession , Berry Licious and Donnybrook Berries have recalled their strawberries nationwide. Numerous lines of fresh strawberries have been pulled from shelves across the country. New Zealand imports strawberries from Australia during the off-season in this market. Read More »

Karnataka reduces Rs 2 per litre on petrol, diesel prices

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A day later, Andhra Pradesh Chief Minister Chandrababu Naidu followed suit by announcing a cut in tax for fuel , which brought down the prices by Rs. In Delhi, Mumbai and Chennai, the price of the fuel rose to Rs 73.30, Rs 77.82 and Rs 77.49 per litre on Friday, from the Thursday's levels of Rs 73.08, Rs 77.58 and Rs 77.25 per litre. Read More »

Prepared to take strongest action for not complying with Iranian sanctions

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The IEA noted in its report that Iraqi production jumped by 90,000 b/d in August and with its exports running at almost 4 million b/d, it had shipped more crude than Iran produced. Major outages at several Libyan ports in June created anxiety that helped push up prices. The 15-member OPEC (The Organisation of the Petroleum Exporting Countries) cartel pumped 32.98 million barrels per day last month. Read More »

Time magazine to be sold to tech billionaire, wife for $190 million

Nearly eight months after Meredith finalized its purchase of Time Inc ., the publishing giant says it reached a deal to sell Time magazine to tech billionaire Marc Benioff and his wife Lynne Benioff. That deal also gave Meredith People and Better Homes & Gardens. Mr Benioff will gain an additional platform with Time , despite his distance from editorial decision-making. Read More »

A no-deal Brexit: how it could hit house prices

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In a stark warning to the British cabinet, Carney told ministers including May that the impact of a no-deal Brexit could be as catastrophic as the 2008 financial crisis, according to The Guardian newspaper. However, it did note that uncertainty over Brexit has increased in recent months. Britain's central bank stress-tested lenders against a 33 per cent house price fall a year ago and some economists questioned whether Carney's comments to ministers had been reported accurately. Read More »

US NRC, nuclear plant operators prepare for Hurricane Florence

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Duke's bigger worry, spokesperson Paige Sheehan said, are the cooling ponds at its fossil fuel power plants. He added: "Those power plants are, one, obviously hardened". Diaz said he did not think there would be issues with the power plants in the upcoming storms. The Robinson plant responded to a temporary loss of off-site power by shutting down safely. Read More »

L Brands to close Henri Bendel business

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The conglomerate noted that it now intends to focus on other brands with a larger growth potential (its roster includes Bath & Body Works and Victoria's Secret ). The company said Bendel's 2018 sales were approximately $85 million, adding that it's in the process of estimating closing costs. Henry Bendel was a women's hat maker from Lafayette, Louisiana. Read More »

Canada's legal marijuana creates risk for investors at U.S. border

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Polls were taken in the past year or so have shown an overwhelming amount of support for the use of cannabis medicinally or recreationally, and that support has risen exponentially over the past 10-15 years. The waivers are only granted at the discretion of CBP. The rub is that it's illegal to have smoked the drug in Canada before October 17, and it's illegal to lie to any border agent who asks about it. Read More »

Sewing needles have been found DELIBERATELY hidden inside strawberries

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It came as a NSW mother said she found more sabotaged strawberries , in the first instance for that state following the recent scares in Queensland . They are working with retailers to remove all stock from the affected date are removed from sale. What's going on with the strawberries? Police are now interviewing what could end up being around 100 staff from the two affected farms, the ABC reported. Read More »

Volkswagen to end production of iconic Beetle in 2019

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Over the years, the Beetle became something of a cultural icon. While the Beetle did not originally sell well in the United States during the 1950s due to Volkswagen's Nazi origins, its popularity eventually took off in the late 60s and 70s, before American production ceased in 1979. Read More »

BMW’s autonomous R 1200 GS motorcycle is a safety equipment testbed

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In the past few months, we've seen different manufacturers working on motorcycles with some sort of of autonomous technology. BMW Motorrad's first autonomous motorbike was presented last week at the BMW Motorrad Techday 2018. Luminous motorcycle headlights from cornering lights to laser headlights were highlights as well as a motorcycle frame manufactured completely using a 3D printing process, including a rear swinging arm. Read More »