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Paris ties Singapore, Hong Kong as world's priciest cities

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For the EIU survey researchers compared the cost of more than 150 items such as cars, food, rent, transport and clothing in 133 cities. The French capital was the only eurozone city in the top 10, rising from second most expensive in the world last year and from seventh position two years ago. Read More »

Fisker launches electric SUV starting at under US$40,000

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While history certainly didn't play out that way, it's an odd twist that Henrik Fisker's new venture, Fisker Inc., has dropped a teaser for its first product-a fully electric SUV-into the afterglow of last week's Tesla Model Y electric SUV introduction. Read More »

Mukesh Ambani rescues Anil, pays Ericsson Rs 462 crore dues

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Rcom has paid Ericsson almost Rs 580 crore including penalty interests, thereby ensuring the telco's chairman Anil Ambani does not go to jail. When contacted, an Ericsson spokesperson confirmed the development. It could not be immediately ascertained from where the company raised the funds, or whether it was paid from Anil Ambani's personal accounts. The last date of making the payment was March 19. Read More »

Trump talks to GM CEO about OH plant closure

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A UAW spokesman told The Journal that the union is "leaving no stone unturned" to keep the plants open. 'Get that big, handsome plant in OH open now. "Stop complaining and get the job done!" On Monday morning, Mr. Trump reiterated his support for the Lordstown plant to reopen quickly. "We remain open to talking with all affected stakeholders, but our main focus remains on our employees and offering them jobs in our plants where we have growth opportunities", GM said. Read More »

OPEC builds case for keeping supply cuts

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USA crude futures eased slightly on Friday after hitting a 2019 high, as worries about the global economy and robust US production put a brake on prices. Crude has rallied nearly 30% this year as the Organisation of Petroleum Exporting Countries and its allied partners - known as Opec+ - capped their output to bring the market back to balance. Read More »

Next-Gen VW Golf Won’t Debut Until the End of the Year

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Frankfurt am Main (AFP) - German automaker Volkswagen said it would eliminate up to 7,000 jobs by 2023 as it seeks to accelerate its transition to electric vehicles, although the cuts should be achieved via retirement offers. "The targets of the Paris Agreement are our yardstick". That is how we will be making our contribution towards limiting global warming. Transitioning to a fully electric production line will likely be an expensive endeavor for the company. Read More »

United Kingdom watchdog puts Brexit war chest at £26.6b

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Lawmakers were expected to vote later on Wednesday against a leaving the European Union without a transition deal, then vote on Thursday on seeking a delay to Britain's departure, now scheduled for March 29. Philip Hammond vowed to free up more money to help end austerity in a "deal dividend". Theresa May's chancellor has broken ranks to suggest she should back a softer Brexit which can win Labour backing after her deal suffered a second crushing defeat in the Commons. Read More »

Thomas Cook Staff Threaten To Remove Woman From Flight Over Outfit

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She wrote , "Flying from Bham to Tenerife, Thomas Cook told me that they were going to remove me from the flight if I didn't "cover up" as I was "causing offence" and was "inappropriate". Ultimately, she ended up putting a jacket on to appease staff and social commentator, Liz Brewer - who appeared alongside Emily on the This Morning sofa - said staff were right to kick up a stink about the "demeaning outfit". Read More »

Tesla set to reveal highly-anticipated Model Y compact SUV

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Let us take a closer look. A U.S. District Judge Tuesday granted the Securities and Exchange Commission permission to respond to Tesla's CEO Elon Musk's claim that his February tweet on the electric auto maker's production plans was not in violation of his fraud settlement. Read More »

Pizza Pizza Offering Super Cheap Deals At Restaurants Across Canada Tomorrow

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The deal is only available in the restaurants and can't be ordered in advance. We've compiled a list of the best places to score a deal on a pie this Pi Day, so take a peek and see if there are any being served up near you. Deal offered for dine-in customers only. Pieology: Buy one artisan thin crust pizza and get another one for $3.14. In store, a 7Rewards member can get a slice of pizza for 50 cents. Read More »

California jury awards $29M in baby powder cancer case

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A Superior Court jury in Oakland found the world's largest health care company mainly liable for Teresa Leavitt's mesothelioma . A jury in California has ruled that Johnson & Johnson must pay $29 million to a woman who claimed its baby powder gave her terminal cancer. Read More »

Oil rises to $67 on cuts to Saudi, Venezuelan exports

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U.S. West Texas Intermediate (WTI) crude oil futures CLc1 were at $56.92 per barrel at 0636 GMT, up 13 cents, or 0.2 percent, from their last settlement, Reuters said . Brazil, Norway, the UAE and Guyana are also set to become the biggest sources of supply growth, but their total oil output will still fall behind that of the US. Read More »

Tesla Finally Reveals The Model Y

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The high-end models are scheduled to launch next fall, with the standard version following in the spring of 2021. Speaking to a crowded room at the Tesla Design Studio in Southern California, Musk confirmed that the vehicle will cost 10 percent more than the Model 3 , which has a base price of $35,000. Read More »

Disney-Fox mega-deal set to close March 20

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The closing of The Walt Disney Co.'s merger with Twenty-First Century Fox is coming soon, and the companies announced Tuesday (3/12) that the deadline for holders of 21CF common stock to elect the form of consideration they wish to receive in the acquisition will be Thursday (3/14) at 5pm Eastern. Read More »

International Business: Opec cuts forecast of global oil demand

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US West Texas Intermediate rough futures were $ 57.89 per barrel, an increase of $ 1.02, or 1.79 percent, compared to the previous settlement price. While the overall trend that's been pushing prices higher comes from the reduced output from OPEC countries and their allies, on a more short-term, day-to-day basis these prices fluctuate largely based on new information related to the U.S.'s domestic supplies and output. Read More »

Facebook's chief product officer and head of Whatsapp are leaving

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Cox, who has been with the company for 13 years, announced his departure in a blog post Thursday without explaining what led to his exit. Facebook's top executive in charge of all products, Chris Cox, the longtime confidant of Chief Executive Mark Zuckerberg , is leaving the company, the highest-level departure at the social media giant and follows almost two years of sustained crises. Read More »

Google calculated pi to 31.4 trillion digits and broke a world record

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Iwao, a computer scientist and software engineer whose official title is cloud developer advocate, used y-cruncher, a program created by US software developer Alexander J. Ms Iwao said she had been fascinated by the number since she had been a child. Even with Google's infrastructure on her side, determining trillions of digits was no simple task. Read More »

Facebook says it’s resolved outage issues and denies attack

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The outage, which plagued Facebook's flagship service as well as Facebook-owned properties Instagram and WhatsApp, lasted for almost 14 hours, according to CNN . According to the BBC , the outage is the worst in Facebook's history. The outage came the same day that The New York Times reported that federal prosecutors are conducting a criminal investigation into Facebook's data deals with 150 companies, including Sony, Netflix, Spotify and Amazon. Read More »

Wall St up as inflation data supports dovish Fed; Boeing slips further

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About five minutes into the day's trading, Boeing shares were down 11.7 percent at $373.23 following the most recent crash of one of its aircraft in Ethiopia. Bank. This decline shaved off close to 150 points from the Dow given its nature in the price-weighted stock's elevated price compared to a range of other Dow components. Read More »

Men Exploit Bitcoin ATMs in Canada for $200,000

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Calgary Police say officers received information in October 2018 about multiple fraudulent transactions made across the country that specifically targetted one Canadian bitcoin company. The tools themselves weren't created for such activities, but allow for "stuck" transaction to go through using additional fees . In addition, you can optionally specify that the first transaction additional OP-RETURN, multisig, and "blacklisted" address outputs. Read More »

Where to find Pi Day deals around San Diego

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Boston Market : Purchase one pot pie and a drink, and get one pot pie for free. Ontario pizza chain Pi Co will also be celebrating Pi Day with a $3.14 pizza special. On Thursday, March 14, BJ's dine-in guests can order a mini one-topping pizza for only $3.14. (Baking instructions will be supplied, according to a statement). Read More »

US consumer prices cool in February

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Consumer price inflation for the urban areas stood at 3.43 per cent in February 2019 against 2.91 per cent in January 2019, and 4.52 per cent in February previous year. What matters here is that inflation has remained muted and is now handily under that 2.0% to 2.5% range that has been within the Federal Reserve mandate with some slight changes over time. Read More »

"Stock sells out after son's 'sad doughnut owner" tweet

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The family opened the doughnut shop, Billy's Donut , last Thursday, according to one of Billy's reply tweets . The building even had a bright "Grand Opening" sign out front, to let people know they were open for business. "Just wanted to update y'all!" The restaurant holds a five-star Yelp rating, with customers praising the donuts, the kolaches, and the warmth of the owners. Read More »

Three flights canceled by FAA order to ground Boeing's 737 MAX planes

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Air Canada has 24 Max 8s and WestJet has 13 - six per cent and seven per cent of their fleets of 400 and 175 aircraft , respectively. Southwest is arguably the US carrier most exposed to the event. The FAA had previously held out while many countries banned the aircraft. The last time Southwest was short of aircraft, in 2018, it used this approach . Read More »

Honda to recall about 1M vehicles in the USA with Takata airbags

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The National Highway Traffic Safety Administration said the recall covers 1.1 million USA vehicles and is to replace inflators received "either as a permanent Takata airbag inflator recall replacement or as a service part installed following a crash or problem with the airbag itself". Read More »

Infiniti pulls out of Europe

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According to Autocar , Infiniti accumulated approximately 60,000 customers in Europe since it entered the market in 2008. Two Infinitis are built in the United Kingdom - the QX30 (left) and Q30 (right) hatchbacks - alongside assembly lines for the Nissan Qashqai SUV and Leaf electric vehicle. Read More »

Oil prices rise on OPEC's supply cuts and healthy demand

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The sanctions on Venezuela, OPEC's cuts, and the US sanctions on Iran have been curtailing mostly heavy and medium crude grades supply, and as a result, the prices of sour and heavy grades from other countries have been rising. "The second wave of the USA shale revolution is coming", IEA Executive Director Fatih Birol said in a statement, as cited by CNBC . "The second wave of shale production growth is coming". Read More »

Nissan, Renault, Mitsubishi Motors form new board

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It had been unclear whether Ghosn could attend the board meeting. This is a "new start" for the alliance, insisted the Frenchman. The group will replace two separate Amsterdam-based alliance entities, Renault-Nissan and Nissan-Mitsubishi, the people said, asking not to be identified because the information has not been made public. Read More »

Facebook Removes Several of Warren’s Ads Calling For the Breakup of Facebook

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Facebook initially responded by pulling the ads down. "But in their rise to power, they've bulldozed the competition, used our private information for profit, and tilted the playing field in their favor". "Let's start with their ability to shut down a debate over whether FB has too much power". USA senator Elizabeth Warren thinks Apple has an unfair advantage on the App Store and believes the company should not be in control of the iOS app marketplace. Read More »

This Is When The Porsche Taycan Will Break Cover

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Yet now we know that we are talking about not one, but two battery variants. A Porsche representative declined to specify the amount by which annual production will increase . "The huge interest in Taycan shows us what our fans are as excited about the first Porsche electric athlete as we are". That could include the loan of a different vehicle. Read More »

Nvidia closes in on Mellanox deal in data center push

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Mellanox, which makes chips and other hardware for data center servers that power cloud computing, said it does not comment on rumors or speculation. It boasts that its technology is used in half of the top 500 most powerful supercomputers. Read More »