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Adani group forays into airport sector; wins bid to operate 5 airports

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MAKING an entry into the airport business, Adani Enterprises won bids for operating five of six airports that were put up for privatisation by the government late a year ago. "The concessionaire shall pay to the Authority, on a monthly-basis, a fee (the "per-passenger fee' or PPF) in respect of each passenger (both domestic and international) handled at the airport in accordance with the concession agreement", the RFP document said". Read More »

Terrifying Footage Shows Plane Trying To Land In Strong Winds

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One of the passengers, Eli Hassett, told Sky News , "I-as a father of three young children -started saying my last prayers because I've been flying for many years as a frequent flyer and I've never experienced such a bad situation". British Airways say there were no risk to passengers and are arranging transport for travellers affected. Hassett told the BBC that the captain warned them to get ready for a bumpy landing. Read More »

Amtrak train stalled since Sunday after hitting a tree

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She said the passengers may not be rescued until Tuesday morning. More than 24 hours later, there's still no movement. "Due to worsening conditions, area road closures and no viable way to safely transport passengers or crews via alternate transportation, Train 11 stopped in Oakridge, Oregon ", he said. Read More »

Oil tumbles after Trump tells Opec to ‘relax’

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The barrel of West Texas Intermediate is posting some decent gains above the $55.00 handle today following yesterday's deep pullback. "OPEC, please relax and take it easy", he wrote on Twitter. Last week, President Muhammadu Buhari said Nigeria could consider a reduction in crude oil production in support of efforts to shore up the price of the commodity. Read More »

Nokia 9 PureView camera samples reveal its stunning photography prowess

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Then join our Team! Without a doubt, the headline feature of the new Nokia 9 is the 5-sensor rear camera array, and according to HMD Global , it will be the most advanced computational photography system in any smartphone today. Nokia is partnering with Adobe for lens profiles that it will release soon. The Nokia 9 PureView will receive three years of monthly security patches and two major OS updates, as guaranteed in the Android One program. Read More »

SanDisk speeds up high capacity mobile storage with 1 TB microSD card

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It seems that nearly everything needs a microSD card to get the best out of these days. Micron and SanDisk unveiled their microSD cards during this year's MWC in Barcelona and while Micron brags about being the first commercially available card, the SanDisk alternative boasts about being the fastest one. Read More »

Weather Service Issues High Wind Warning For Monday

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Power outages being the main reason, slick conditions out on area roads because of snow and water freezing up, and possibly because of very cold wind chills. Morning mixed precipitation changes to all rain today , with a break likely by late morning to early afternoon. The forecast also called for isolated flurries between 10 p.m. Read More »

Apple-Goldman Credit Card Poses Risks, May 'Blow Up,' Analyst Says

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The credit card will ostensibly be used like any other plastic, but come with iPhone-based features baked into the Wallet app in Apple's iOS to attract customers, the Journal's sources said. The credit card move is a big step for both companies. The report follows Apple CEO Tim Cook in January teasing an expansion of the company's services in 2019 as it seeks new revenue sources following lackluster holiday 2018 iPhone sales . Read More »

How Kraft Heinz owners' belt-tightening model eroded its iconic brands

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The shares opened at $35.85, down 27 percent, and wiped almost $16 billion off its market value. The investor did acknowledge that the power behind Kraft Heinz's brands appeared to have eroded over the past several years as a result of shifting dietary trends and negotiations between retailers and big packaged food brands. Read More »

Volvo XC90 Gets KERS, Adds a B to Its Name

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The introduction of the new XC90 "B"-badged cars represents a major step for Volvo Cars towards its electrification ambitions". Taking advantage of the launch of the 2020 variant on the XC90, Volvo took the liberty to update it a bit, giving it a minor facelift both outside and inside. Read More »

AT&T axes ads from YouTube videos exploiting children

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Watson's video shows that YouTube's comments section, when it comes to giving child predators a forum in which they can indulge their predilections, goes beyond vile and into the realm of risky. Brand Safety controversies have made YouTube come up with clarification and address the latest concerns. YouTube has said that is suspending the ability to make comments on millions of videos that "could be subject to predatory comments". Read More »

Exhausted of U.S. dollar! Zimbabwe launches new currency

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On Wednesday, Mangudya announced that the government would no longer insist that a quasi-currency known as bond notes and RTGS$, an electronic equivalent, were worth the same as the USA currency. Other members of the public should, in theory, be able to go to banks on Monday and buy USA dollars with bond notes or electronic dollars. According to John Mangudya, nothing should change just because bond notes, bond coins, and RTGS balances are now called RTGS dollars. Read More »

Resumption of high-level US-China trade talks raises hopes

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Beijing and Washington officials are holding high-level talks on Thursday and Friday in the USA capital to discuss each other's demands over trade. After two years in office, his Treasury Secretary Steven Mnuchin hasn't found grounds to do so, but has continued to monitor the yuan closely. Since July, Washington and Beijing have hit each other with tariffs on more than $360 billion in two-way trade, weighing on the manufacturing sectors in both countries. Read More »

Venezuela places troops near Colombian border

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Videos on social media showed crowds first jeering and then cheering the men as they were escorted away by Colombian police. The opposition hopes the aid will drive a wedge between the military-which continues to back Maduro despite little popular support-and Maduro by forcing an order that they can not follow: deny people food and medicine they desperately need and risk violence against civilians. Read More »

U.S. dollar sags on lower yields, Fed minutes in focus

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Analysts say the five ports have handled up to 14 million tonnes past year alone, half of which was from Australia. "We do not believe that this is isolated to Australia but may well be and is likely applicable to other coal exporters into China as well". Read More »

Oil hits new 2019 high on US-China trade talk hopes

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USA crude oil exports hit an all-time high as output from the nation's shale fields continues to surge. Brent crude futures were at $67.14 per barrel, 6 cents above their last close and not far off their 2019 peak, hit the day before, of $67.38 per barrel, Reuters reported . Read More »

Move Over 5G, Donald Trump Already Has His Sights On 6G Internet

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I want the United States to win through competition, not by blocking out now more advanced technologies. "I want 5G, and even 6G, technology in the United States as soon as possible", he tweeted . China has a narrow lead over the US and South Korea, according to research commissioned by CTIA, a Washington-based trade group for mobile carriers. "We have a one time shot at making a great deal for both countries...if we're doing well, if we're doing very well on the negotiation, I could see ... Read More »

Model 3 loses Consumer Reports recommendation; Tesla drops

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Last May, within a week, CR went from saying itcouldn't recommend the vehicle to giving it a full recommendation after Tesla improved the car's brakes. This vehicle lost its "recommended" status despite Consumer Reports giving the auto an exceptional review score: 103 points on a scale only created to go up to 100. Read More »

Dublin Airport explain what happened during drone incident on Thursday morning

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Shortly after midday local time the airport tweeted that flights have resumed. Sussex Police has been helped by officers from Scotland Yard and three other nearby forces to help find the person responsible. The incident affected around 82,000 of its customers and led to more than 400 flights being cancelled. Passengers eventually got on the move again on December 21, but three days later there was more disruption when another drone sighting saw flights grounded at Heathrow, an incident ... Read More »

Family Syndicate Revealed As Winners Of EuroMillions Jackpot

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Armagh, won the jackpot in a lucky dip - making them the fourth biggest winners in United Kingdom lotto history. A spokeswoman said: "We can confirm we have heard from the holder of the winning ticket but are not in a position to give any more details at the moment". Read More »

Honda confirms plan to close United Kingdom factory with loss of 3,500 jobs

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He added: "Uncertainty over the future trading relationship makes it very hard to make decisions about 2021 or 2022 when we don't even know if the United Kingdom will be in the customs union or the single market". The UK has always been a Japanese hub for European auto production, with Honda , Nissan Motor Co and Toyota Motor Corp owning three of the country's six largest automaking factories. Read More »

Anil Ambani guilty of contempt, told to pay fine

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Supreme Court also imposed a penalty of Rs 1 crore on Anil Ambani . In case of failure to deposit the fine of Rs. 1 crore, each of the three Directors of the companies will have to undergo one month imprisonment. "It is clear that the three Reliance companies had no intention, at the very least, of adhering to the time limit of 120 days or to the extended time limit of 60 days plus, as was given by way of indulgence, by the order dated October 23, 2018", the court said . Read More »

Unruly passenger removed from flight after yelling about child, spitting

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Despite crew members and medical professionals helping the woman give birth, the flight landed 11 minutes early , taking only two hours and 40 minutes. Gonzalez soon realized she was being recorded. You can hear someone off camera say, "Bye". "I didn't do anything wrong", Gonzalez is heard saying to somebody over the phone, before yelling, "Oh, you wanna f***ing tape me, make me viral b****es?" before leaning toward the seat in front of her and seemingly spitting on a seated passenger. Read More »

Venezuelan oil finds home in India as US shuns shipments

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Brent futures were last down 6 cents at $66.19 a barrel by 1239 GMT, having touched a 2019 high of $66.83, while US futures were up 37 cents at $55.96 a barrel. Venezuela is a major crude supplier to US refineries while Iran is a key exporter to major demand centres in Asia, especially China and India. A rise of 0.6 percent from their last close. Read More »

Payless to close all US stores

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Liquidation sales are underway at Payless Shoe Source. The Payless locations in Shopko Hometown stores also will close, including a location in Valley City, N.D. It reorganized and cut millions of dollars in debt, but that doesn't appear to have been enough to save the company. According to Payless' website the company employs more than 18,000 people worldwide. Read More »

Honda to close Swindon plant in 2022 putting at risk 3,500 jobs

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Speaking in September, Ian Howells, the senior vice-president of Honda Europe, said the company remained "right behind" its production facility in Swindon and was not considering moving the plant out of the United Kingdom after Brexit . The Swindon plant produces more than 100,000 Civic models for customers all over the world, and is the firm's only factory in the EU. The decision is still a blow to the United Kingdom industry that's battling a Brexit-related slowdown, potential tariffs ... Read More »

Payless ShoeSource to close all 2,100 stores

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The report mentioned that there is still a small chance the company could be bought after the bankruptcy filing. Payless, based in Topeka, Kansas, filed for bankruptcy protection in April 2017 and closed almost 400 stores. It emerged with fewer stores, its debt cut in half and creditors owning the company. The company said in an email that the liquidation doesn't affect its franchise operations or its Latin American stores, which remain open for business as usual. Read More »

Payless Shoes Closing All 2,100 U.S. Stores by May

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There are 11 Payless stores in ME, including shops in Biddeford, South Portland, Westbrook and Windham. The move would make Payless one of the most high-profile victims of the string of bankruptcies that have hit the brick-and-mortar retail sector as more shopping is done online. Read More »

Crude Oil Rates Hit 2019 Highs Amid Supply Cuts

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Brent is near a three-month high and set for a more than 1 percent gain on the week. Looming over oil markets in the near term, meanwhile, is the rise in US crude oil production of more than 2 million bpd in 2018, to a record 11.9 million bpd - with signs that USA output will rise further. Read More »