Money

by | February 10, 2019 | 15:47

To prepare for a scenario where there could be disruptions due to Brexit, JLR also plans to temporarily close plants in the United Kingdom from April this year. The potential impact of a disorderly Brexit on cash generation would outweigh growth in the India business, resulting in a substantially weaker Tata Motors' consolidated financial profile.

by | February 10, 2019 | 00:10

The company's share of the lucrative market is expected to decline this year as rivals like Facebook Inc and Alphabet Inc's Google boost their dominance, according to EMarketer . Total advertising revenue was up 23% quarter-on-quarter to $791m, with video ads representing more than half of sales. "We enter this year confident that we will continue to deliver strong performance by focusing on making Twitter a healthier and more conversational service", he added.

by | February 09, 2019 | 21:32

Huawei, the world's biggest telecoms equipment maker, is facing global scrutiny over its ties with the Chinese government and allegations that Beijing could use its technology for spying, which Huawei denies. It is believed that the USA has been warning Canada about the alleged dangers of using Huawei equipment. "We're raising it at the highest diplomatic levels", Rob Strayer of the State Department said Wednesday during an event at the Center for Strategic and International Studies.

by | February 09, 2019 | 17:11

In response to a request for comment about the report today, an Amazon spokeswoman shared a brief statement: "We're focused on engaging with our new neighbors-small business owners, educators, and community leaders". "If the Amazon deal falls apart, they will have nobody to blame but themselves". Westin has helped rally opposition to the deal from labor unions, community groups and prominent politicians like Rep.

by | February 08, 2019 | 08:42

Bezos subsequently hired a private investigator to find the source of those leaked text messages , and determine whether the publication was looking to use the alleged affair as political payback for the reporting of the Washington Post , which the Amazon CEO acquired back in 2013.

by | February 07, 2019 | 23:52

The producers known as OPEC+ started cutting production by 1.2 million barrels per day (bpd) from last month to avert a new supply glut, and OPEC has delivered nearly three quarters of its pledged cuts already, a Reuters survey showed last week.

by | February 07, 2019 | 20:08

It is the first rate cut in 17 months. No surprises, no twists, transparent and extensive communication - both in policy documents as well as at the press conference - that is how one need to look at today's Reserve Bank of India ( RBI ) Monetary Policy Committee (MPC) review.

by | February 07, 2019 | 15:22

US West Texas Intermediate ( WTI ) crude futures were at $53.82 per barrel at 0607 GMT, down 19 cents, or 0.4 per cent, from their last settlement. The losses were said to be a reaction to USA government data showing new orders for us -made goods fell in November, especially for machinery and electrical equipment, as well as Genscape reporting that crude inventories at Cushing, Oklahoma rose by over 943,000 barrels in the week to February 1.

by | February 07, 2019 | 13:11

He did not rule one out, though. "If there are remaining issues that we can't get closed I think President Trump expects that he's gonna sit down with President Xi and address those issues and we'll figure out if needs to do that". "Therefore, we recently imposed tariffs on USD 250 billion of Chinese goods - and now our treasury is receiving billions of dollars a month from a country that never gave us a dime".

by | February 05, 2019 | 16:38

Administrator KPMG will retain a further 122 employees at warehouse functions to assist in winding down operations. CEO Doug Putman said "We are delighted to acquire the most iconic music and entertainment business in the UK" . Neil Gostelow added: "We are grateful for the support of all key stakeholders including the suppliers whose support throughout this process has been key in securing this sale".

by | February 05, 2019 | 16:27

Electric automaker Tesla is planning to purchase energy storage company Maxwell Technologies in an all-stock deal worth about $218 million, the companies said on Monday. Maxwell surged as much as 52 percent - a record jump - to the highest since August 1. Maxwell executives told investors in January that it had developed and patented a "dry electrode" technology that could significantly increase the driving range and reduce the cost of electric vehicle batteries.

by | February 05, 2019 | 13:25

That compared to analyst estimates of $7.69-billion, or $10.87 per share. Only problem: Some higher expenses for spending on cloud engineers and data centers as well as YouTube content didn't thrill investors. Online commerce grew quickly in the final quarter of 2018, helping Google's ad business. That's a 80 percent increase over its capital expenditures in the fourth quarter of a year ago.

by | February 05, 2019 | 04:11

The troubled company has applied for creditor protection as it struggles to access its funds and repay its customers. Saying "there should be in excess of [CA]$180 million of coins in cold storage", Robertson wrote that the company is still trying to access the wallets, in addition to looking into the possibility that Cotten had used other exchanges to secure some of those funds.

by | February 05, 2019 | 03:39

It might have been Super Bowl Sunday, however, SpaceX was focusing on this major pilot step for its Starship rocket, which could head to space in upcoming years. So suggests Musk's images shared throughout the day. But, he explained, it will have a 'different mixture of alloys & new architecture'. 'I will do a full technical presentation of Starship after the test vehicle we're building in Texas flies, so hopefully March/April, ' he added.

by | February 04, 2019 | 23:27

The layoffs were first announced in November, along with plans to close four plants - two in MI, one in OH, and one in Ontario. As federal workers across the country struggle to regain traction after the government shutdown, General Motors workers are bracing for layoffs set to start next week.

by | February 04, 2019 | 14:56

May, writing in The Sunday Telegraph newspaper , shed little light on how she meant to solve the issue that has provoked most opposition from her lawmakers, post-Brexit arrangements for the border between the United Kingdom and Ireland. Writing in The Sunday Telegraph newspaper, May said she would be "battling for Britain and Northern Ireland" when she returns to speak to European Union politicians.

by | February 03, 2019 | 23:29

The news is embarrassing for the Trump administration, which had hailed Foxconn's investment in Mount Pleasant as an early success for its brand of economic nationalism, with Trump describing it as "the eighth wonder of the world ". Pleasant, Wis., June 28, 2018. That same day Foxconn announces it now plans to build much smaller Generation 6 screens and phase in production of Generation 10.5 screens later.

by | February 03, 2019 | 19:07

The December jobs report was a series of numbers that range from fantastic to fantastical. Add Jobs Report as an interest to stay up to date on the latest Jobs Report news, video, and analysis from ABC News. The partial government shutdown caused 800,000 workers to miss two paychecks. Those factors have led many economists to forecast slower growth this year compared with 2018.

by | February 03, 2019 | 13:26

Also, the 25 percent restriction wouldn't enable a vendor to purchase more than 25 percent from the wholesale arms of e-commerce entities. The new rules prohibit online retailers from selling items through vendors in which they have an equity stake , and also from having sellers sell exclusively on their platforms.

by | February 03, 2019 | 12:31

The border is crucial to the divorce deal because it will be the only land frontier between the United Kingdom and the European Union after Brexit. According to a report by The Times , the promise of local investment is set to help May get the extra backing she needs to get her Brexit deal through parliament.