Markets

Markets Spotify to launch standalone app for Apple Watch, beta version being tested
Author: 0 Spotify to launch standalone app for Apple Watch, beta version being tested

So, if you are on the fence about Spotify or are an existing customer, hit the link below and get your free Google Home Mini! And considering our audience, I don't know if I have to explain what a free Google Home Mini means. We'll keep an eye on the promotions page to see if anything turns up about users who subscribe only for one month claiming a Google Home Mini. This was attributed to Spotify's new family and student plans, which brings in more users, but not for more fees.

Markets GM offers buyouts to cut costs
Author: 0 GM offers buyouts to cut costs

Although the company did not announce the buyouts as part of its earnings report, CEO Mary Barra told investors that GM (GM) would be taking "steps to transform the workforce to ensure we have the right skill sets for today and the future while also driving significant efficiency".

Markets Subaru, Toyota recall 165,000 US cars
Author: 0 Subaru, Toyota recall 165,000 US cars

The companies said springs in the engine valve could fracture, which could cause the vehicles to stall while driving. Toyota is recalling the Subaru-made 86 and Scion FR-S sports auto. Toyota is recalling a total of 80,000 cars worldwide. Subaru and Toyota are recalling 165,000 cars in the U.S. Subaru says abnormal noise is generated and engine malfunction occurs, and in the worst case, the engine may stop running.

Markets U.S. securities regulator subpoenas Tesla on Model 3 production estimates
Author: 0 U.S. securities regulator subpoenas Tesla on Model 3 production estimates

Elon Musk , following his short-lived plan to take Tesla Inc. private, said he now "probably" wouldn't accept an investment from Saudi Arabia's government after the death of dissident journalist Jamal Khashoggi. Tesla has often struggled to hit its chief executive's ambitious production forecasts. The Elon Musk-led company said in a filing Friday that thus far, no government agency in ongoing investigations has concluded that any wrongdoing occurred.

Markets Oil prices drop as wave of supply meets global economic gloom
Author: 0 Oil prices drop as wave of supply meets global economic gloom

Saudi Arabia raised production by 150,000 barrels a day to 10.68 million a day, the highest in Bloomberg data going back to 1962, while Iranian volumes slipped by 10,000 barrels a day to 3.42 million. New York's NYMEХ (New York Merchantile Exchange) is a U.S. futures market founded in 1882. The nation's crude oil inventories have increased six consecutive weeks, EIA reported.

Markets Our country is going through a low point, PM Khan tells China
Author: 0 Our country is going through a low point, PM Khan tells China

Xi told Khan that he highly valued the two country's relations, reaffirming they were "all-weather" friends. Malaysian Prime Minister Mahathir Mohamad halted a few Chinese projects after coming to power this year, while Myanmar's Planning and Finance Minister Soe Win told Nikkei in July that his government would demand that plans for a new port be "slimmed down".

Markets Drunk Japan Airlines pilot was ´almost 10 times over limit´
Author: 0 Drunk Japan Airlines pilot was ´almost 10 times over limit´

Tests found the 42-year-old first officer had 189 milligrams of alcohol per 100 milliliters of blood in his system, nearly 10 times the 20 milligrams limit for a pilot. The pilot was reported to have called in work sick after a night of drinking on the remote island of Ishigaki. The limit for a pilot intending to fly is 20mg.

Markets Rouhani: Iran does not fear new United States sanctions on energy, banking sectors
Author: 0 Rouhani: Iran does not fear new United States sanctions on energy, banking sectors

Iran was Ankara's biggest source of the fuel a year ago, accounting for more than a quarter of Turkey's daily average imports of around 830,000 barrels, according to data from the market regulator. The source said US Secretary of State Michael Pompeo was expected to announce the number of exemptions later on Friday. Bloomberg reported on Friday that South Korea and Japan had received waivers along with India, which relies heavily on Iranian supplies.

Markets Trump, Xi eye G-20 talks after 'very good' phone call
Author: 0 Trump, Xi eye G-20 talks after 'very good' phone call

Stock markets in China gained on Friday after US President Donald Trump said trade talks with Beijing were "moving along nicely". Trump said he and Xi also had "a good discussion on North Korea". trade issue, ' Xi said. "China would love to make a deal", Trump told Breitbart at the time. The moves also follow media reports that pointed to progress on the US-China trade dispute.

Markets Google Workers Set to Launch Worldwide Protests
Author: 0 Google Workers Set to Launch Worldwide Protests

Google staffers around the world walked out of their offices at 11:10 a.m. local time . In Manhattan, Google employees walked out of the Meatpacking District headquarters minutes ago. I reached out to the company for comment and will update this post if I hear back. Sam Singer, a spokesman for Rubin, rejected the allegations against him in a statement to AFP, saying Rubin left Google of his own accord.

Markets US blocks exports to Chinese chipmaker as tensions simmer
Author: 0 US blocks exports to Chinese chipmaker as tensions simmer

It's unclear how much of this concern is legitimate, but either way, the Department of Commerce has officially made Fujian Jinhua a no-go for USA companies, which could hinder its ability to manufacture DRAM. The Commerce Department action comes amid the escalating trade war over market access and the transfer of technology secrete between the United States and China.

Markets China Trade War Not Ending Soon
Author: 0 China Trade War Not Ending Soon

Bloomberg reported on Monday that the U.S. is preparing tariffs on all remaining Chinese imports if the talks fail. At 12 p.m. ET, the Toronto Stock Exchange's S&P/TSX composite index was up 49.17 points, or 0.34 per cent, at 14,771.08. There have been no trade talks between the countries since August, when the US imposed the latest round of tariffs. The Nasdaq has plunged 13 percent from its record high reached August 29.

Markets Oil prices dip on rising supply, trade tensions
Author: 0 Oil prices dip on rising supply, trade tensions

Front-month Brent crude oil futures LCOc1 were at 77.96 dollars a barrel, up 35 cents, or 0.2 per cent, from their last close. The next date of offering crude oil at IRENEX has not been announced yet. " Saudi Arabia's production has reached 10.7 million barrels per day this month and we could increase production to 12 million barrels per day". Crude oil futures fell Monday as investors reduced exposure, extending weakness that started a week ago amid increased investor caution in ...

Markets India Jumps 23 Places On World Bank’s Ease Of Doing Business Index
Author: 0 India Jumps 23 Places On World Bank’s Ease Of Doing Business Index

India is the only South Asian country to achieve this distinction two years in a row, and only nine other countries have accomplished this since 2011. Today, we are at Rank 77. - India continued its reform agenda and advanced 23 spots to 77th place. "Starting a business central government and state governments have to work together".

Markets United Kingdom to Slap New Tax on Technology Giants
Author: 0 United Kingdom to Slap New Tax on Technology Giants

He told BBC Radio 4's Today programme: "He's just simply chose to spend all of that". The Chancellor dismissed suggestions that he had chopped down the "magic money tree" and burnt the lot. "The scale would be very hard to predict, given the lack of precedent". The European Commission is now attempting to align the interests of all member states to impose its own tax regime, though Hammond isn't waiting for the boresome Brussels bureaucrats.

Markets RBI governor may resign, reports say; rupee down
Author: 0 RBI governor may resign, reports say; rupee down

The Centre has reportedly sent letters to RBI governor Urjit Patel in the recent weeks, exercising its powers under this section, on various issues like liquidity crunch in the NBFC sectors, capital requirement for banks and lending to small and medium enterprises.

Markets U.S. economy grew at strong 3.5 percent rate in Q3
Author: 0 U.S. economy grew at strong 3.5 percent rate in Q3

Consumers drove the USA economy to better-than-expected growth in the third quarter, but a steep slowdown in business spending raised concerns about whether the strength in the expansion is sustainable. While the stock market itself is a poor indicator of the future of the economy, nearly every recession since World War II (when the government began collecting more economic data) has been led by a fall in business spending on structures and equipment or in housing construction.

Markets Indonesian rescue boats search for Lion Air plane
Author: 0 Indonesian rescue boats search for Lion Air plane

The aircraft was heading for the popular tourist destination of Pangkal Pinang , off Sumatra. Indonesia overall has had a "chequered past" in terms of air safety, including hull losses like those experienced by Lion Air, and there is room for improvement, said Mr Shukor Yusof, the head of aviation consultancy Endau Analytics.

Markets IBM Is Prepping To Buy Red Hat For RM142 Billion
Author: 0 IBM Is Prepping To Buy Red Hat For RM142 Billion

Red Hat will become a unit of IBM's Hybrid Cloud division while its CEO Jim Whitehurst will report directly into IBM CEO Ginni Rometty who apparently has no plans to go anywhere. Following a 20-year partnership across the industry, IBM served as an early supporter of Linux, collaborating with Red Hat to help develop and grow enterprise-grade Linux and more recently to bring enterprise Kubernetes and hybrid cloud solutions to customers.

Markets Oil tumbles for third week 'as fear selling spreads'
Author: 0 Oil tumbles for third week 'as fear selling spreads'

Saudi Arabia , now at 10.4 million barrels a day, is headed toward record-level output. Current tension between USA and Saudi Arabia , over Khashoggi hold a potential to affect world oil market but stability in oil market is US priority and also US trying to drop Iran oil export to zero.

Markets Oil tumbles for third week 'as fear selling spreads'
Author: 0 Oil tumbles for third week 'as fear selling spreads'

Saudi Arabia , now at 10.4 million barrels a day, is headed toward record-level output. Current tension between USA and Saudi Arabia , over Khashoggi hold a potential to affect world oil market but stability in oil market is US priority and also US trying to drop Iran oil export to zero.

Markets Ahead of US sanctions, India places November crude orders with Iran
Author: 0 Ahead of US sanctions, India places November crude orders with Iran

Majid Reza Hariri, an official with the Iran-China Chamber of Commerce and Industries, denied the report, saying the Bank of Kunlun has not actually halted service to Iran's oil exports, but rather has notified commercial account holders that in case they have an open letter of credit or unfinished payments, they should complete them by November 1.

Markets #MeToo: Google fired 48 employees in last two years
Author: 0 #MeToo: Google fired 48 employees in last two years

The company could have just fired him instead of asking him to resign. An email by CEO Sundar Pichai to all the employees has also claimed that the Android creator Andy Rubin , who was sacked on the charges of harassment, has not received an exit package worth $90 million as reported by New York Times .

Markets Volkswagen T-Cross SUV officially launched
Author: 0 Volkswagen T-Cross SUV officially launched

The passenger seats are placed at a height of 597 (front) and 652 (rear) mm above the road. All T-Crosses will be front-wheel drive. The model gets wider headlamps that merge neatly with the grille. Volkswagen expects the 115PS petrol and six-speed manual gearbox to be the most popular model, but a seven-speed DSG will be available as an optional extra.

Markets Which cars are most reliable?
Author: 0 Which cars are most reliable?

A worker cleans a Tesla Model S sedan before an event April 22, 2014, to deliver the first set of cars to customers in Beijing. The Model X retained its "Much Worse Than Average" individual reliability ranking , which it also earned in 2017.

Markets Plant City man wins $3 million in Mega Million drawing
Author: 0 Plant City man wins $3 million in Mega Million drawing

The pool won US$1 million (AUD$1.4m). When the numbers were drawn that night, it turned out Livingston - with a $2 buy-in - and 141 hospital employees had won $1 million, with their ticket just one number off a ideal match. The Powerball jackpot has rolled over since it was last won in August, the lottery said. "We were overwhelmed and humbled that they did this", niece Bobbie Mickle said.

Markets Tesla looks overseas after record third-quarter profit
Author: 0 Tesla looks overseas after record third-quarter profit

Action in the criminal investigation, headed by the United States attorney's office in San Francisco, intensified in recent weeks after the Securities and Exchange Commission settled separate civil charges with Tesla and Chief Executive Officer Elon Musk .

Markets Move Over America: China's Billionaires Are Taking Over
Author: 0 Move Over America: China's Billionaires Are Taking Over

China saw unprecedented growth among its wealthiest, minting two billionaires each week a year ago. China minted two billionaires every week in 2017, with the total number from the country reaching 373. Billionaires from Asia, especially in the Chinese city of Shenzhen, are now challenging the traditional dominance of Americans as technology entrepreneurs.

Markets A day after a rout, U.S. stocks turn higher on solid earnings
Author: 0 A day after a rout, U.S. stocks turn higher on solid earnings

Truck maker Paccar fell 5 percent to $57.45, while engine manufacturer Cummins slid 3.4 percent to $135.12. Twitter soared 15.5 per cent to US$31.80 and electric auto maker Tesla jumped 9.1 per cent toUS $314.86 after their quarterly reports, while video game maker Take- Two vaulted 8.8 per cent to US$120.70 after strong reviews for its latest game, Red Dead Redemption 2 .

Markets Federal Reserve: Trump sharpens attack on central bank
Author: 0 Federal Reserve: Trump sharpens attack on central bank

Clarida defined the current state of policy as " accommodative ", even though the FOMC made a decision to remove the phrase from its statement following its policy meeting last month. The Fed will probably continue to raise rates gradually as they have indicated they will, only deviating from this plan if the circumstances change. The Fed projects one more rate boost in December and three in 2019.

Markets Mohammed bin Salman condemns Jamal Khashoggi killing
Author: 0 Mohammed bin Salman condemns Jamal Khashoggi killing

But Sabah, another pro-government newspaper, says Saudi Arabia has yet to give Turkish authorities permission for a search. Khashoggi was last seen on October 2 walking into the Saudi consulate in Istanbul . After days of denying any knowledge of his whereabouts, Saudi officials last week admitted that Khashoggi was killed in a "brawl" at the consulate.

Markets Mega Millions Results: Winning Numbers Announced For $1.6 Billion Jackpot
Author: 0 Mega Millions Results: Winning Numbers Announced For $1.6 Billion Jackpot

The winning ticket was sold at the KC Mart convenience store in Simpsonville, South Carolina . That's 1 billion with a B - a record-setting Mega Millions jackpot drawn Friday night. area can dry their tears with a much bigger bank account. "Our board has a policy to protect the victor because of all the risk associated with having that much money", South Carolina Education Lottery Director William Hogan Brown told ABC's "Good Morning America ".