Money

by | September 02, 2018 | 02:51

Here's what the Ford Focus Active crossover is expected to look like. The decision will mean the end of the venerable Focus nameplate in the U.S. The Ford Focus Active is being manufactured in China , but because of a new 25 percent tariff on cars imported from the country, it's no longer profitable for the company to sell it in America, where Ford predicted consumers would buy close to 50,000 of the vehicles annually.

by | September 01, 2018 | 20:03

Check out a video of it in action : just don't expect it to go too fast. This is the first large-scale movable construction that was developed using over a million Technic elements and powered using LEGO Power Function platform. To get the colours right, LEGO even had to manufacture 56 new parts for this build, which took over 13,400 man-hours to finish. The Lego model also features the same startup sequence as the original auto, because attention to detail never hurts.

by | September 01, 2018 | 19:40

The latest estimates from the Central Statistics Office (CSO) is based on Rabi or winter harvest during the agriculture crop year 2017-18 (July to June ). "We predicted growth would be in the range of 7 to 7.5 per cent annually". A Reuters poll, HDFC Bank's research and a CARE Ratings report are expected 7.6 percent GDP growth for the first quarter of current fiscal.

by | September 01, 2018 | 17:54

Investors have embraced the preliminary pact as good news for Canada's auto parts industry. Following Trump's announcement, Foreign Affairs Minister Chrystia Freeland cancelled the rest of a planned week-long diplomatic trip to Europe so she could travel to Washington to re-enter high-level talks.

by | September 01, 2018 | 12:22

Since taking over the White House after the 2016 elections, President Trump has rattled the world trade with his policies that he says are aimed at protecting American interests, but which have alienated numerous US' old allies and major trading partners.

by | September 01, 2018 | 09:27

It remains unclear how Trump's comments got passed along to Dale, but this White House is notoriously leaky and it's pretty unlikely that Trump and the Bloomberg reporters were the only ones in the room when Trump said what he said about Canada.

by | August 31, 2018 | 22:43

Rising oil prices and the weakening currency have already created a ideal storm for India, where oil demand growth has been surging, but the higher oil prices are increasing the country's spending on crude oil imports, which account for 80 percent of Indian oil consumption.

by | August 31, 2018 | 18:43

According to a Central Statistics Office statement, the quarterly Gross Value Added ( GVA ) at basic price at constant (2011-2012) prices for the first quarter of 2018-19 is estimated at Rs 31.63 lakh crore. The report said that agricultural growth may also support the GDP growth. The next sector to show the most promise was construction, which grew by 8.7 per cent during the quarter under review as compared to growth of 1.8 per cent in Q1 2017-18.

by | August 31, 2018 | 18:12

Trump's call for a federal pay freeze was included in his budget proposal for 2019, the Office of Management and Budget said. Mr. Trump informed House and Senate leaders in a letter sent Thursday. This is not the first time in recent history that a president has frozen civilian federal pay raises. Congress has approved legislation to give military service members a 2.6 percent pay raise, the biggest in nine years, but funding must still be approved.

by | August 31, 2018 | 17:40

The company didn't mention its valuation in its announcement Wednesday , but said it plans to float at least 25% of its shares on the stock market. 'Aston Martin could be valued at between £4bn to £5bn, which would put it at the top end of the FTSE 250, ahead of companies like Travis Perkins and William Hill, and nipping at the heels of FTSE 100 stalwarts like M&S and Royal Mail'.

by | August 31, 2018 | 17:38

Warren Buffett , CEO of Berkshire Hathaway Inc, pauses while playing bridge as part of the company annual meeting weekend in Omaha, Nebraska U.S. May 6, 2018. I understand that Masayoshi Son and Warren Buffett met at the Sun Valley conference, where Buffett told Masa about the Paytm investment. While several Berkshire portfolio companies have operations in India but it had not made any direct investments until now.

by | August 31, 2018 | 16:54

After missing out on the heady growth phase of coffee shops, Coca-Cola is entering when the market in countries like the United Kingdom and the U.S.is crowded. "You could see Costa absolutely everywhere, in vending machines, hotels, restaurants, pubs, cafes - in all the places you see Coke today", she said.

by | August 30, 2018 | 13:54

Now the latest round of baggage fee increases will no doubt offset rising fuel costs too. Other large USA carriers including Delta Air Lines , United Continental and American Airlines charge $25 for the first piece of luggage checked, while Southwest Airlines is the sole large US airline that doesn't assess a fee for one piece of checked luggage.

by | August 30, 2018 | 10:08

The two telcos had last week confirmed that they had entered discussions on a possible merger of the two mobile and fixed-line telecommunications companies, with TPG referring to it as a "merger of equals". The merger is expected result in "substantial cost synergies" and allow the companies to maximise opportunities to invest in 5G technology. The Merger with VHA represents an exciting step-change in TPG's evolution, and will benefit both our shareholders and Australian consumers alike.

by | August 30, 2018 | 09:33

Facebook Watch competes with video platforms such as Google's YouTube and Amazon's Twitch, but says it's unique due to the social components of the service. When you go to it, you'll see the Watchlist, where Facebook will collect recently-uploaded videos from the creators you've chosen to follow. Pages are eligible for ad breaks if they have been creating 3-minute videos that have generated more than 30,000 1-minute views in total over the past two months, have 10,000 Facebook ...

by | August 29, 2018 | 22:12

However it led to tech writer Drew Olanoff pointing out that it seems convenient that Musk is only now committed to journalistic integrity, after lobbing baseless pedophile accusations at British rescue worker and cave diver Vern Unsworth.

by | August 29, 2018 | 19:27

While 6,453 pieces of fake Rs 50 notes were detected in 2015-16, this number jumped to 9,222 in 2016-17 and then increased to a whopping 23,447 in 2017-18. This meant just Rs 10,720 crore of the junked currency did not return to the banking system. Growth has since rebounded, and, in the quarter ended March 2018, the economy expanded 7.7% from a year earlier.

by | August 28, 2018 | 17:37

Regardless of Trump's claims of reaching an entirely new trade deal, the new agreement does seem to bring the three countries much closer to a potential NAFTA rewrite more than 25 years after it took effect. Trump was quick to proclaim the agreement a triumph, pointing to Monday's surge in the stock market, which was fuelled in part by the apparent breakthrough with Mexico.

by | August 28, 2018 | 13:38

President Trump made the announcement and brought Mexican President Enrique Peña Nieto onto a conference call. President Trump won a major victory on trade on Monday, supplanting the North American Free Trade Agreement (NAFTA ) and replacing it with something far more beneficial.

by | August 28, 2018 | 11:26

Toyota announced at CES in January that it is working with Amazon, ride-hailing companies Uber and Didi, automaker Mazda, and Pizza Hut to develop an electric autonomous shuttle that can be used to deliver people or packages. This "guardian" technology would operate silently in the background. And a report in March said Uber was discussing selling self-driving tech to the company.