Nigeria's GDP drops from 1.95% to 1.5% in Q2 -NBS

The non-oil GDP was 0.72 per cent in first quarter of 2017, 0.45 per cent in the second quarter of 2017, -0.76 per cent in the third quarter of 2017, 1.45 per cent in the fourth quarter of 2017 and 0.76 per cent in first quarter of 2018. The oil sect... More..

by | Published 24 days ago
Amazon Go opens second cashierless store in Seattle
by | Thursday, August 30, 2018

Amazon Go opens second cashierless store in Seattle

It seems Amazon's first Go store was successful enough that they've made a decision to open up a second location in Seattle, Washington. The Seattle Times report suggests that with its second Amazon Go stor...More..

by | Thursday, August 30, 2018

Facebook Watch, the company's YouTube competitor, gets released globally

So far, the Watch platform has reached 50 million viewers per week in the United States, and the total time spent on the platform has increased by 14 times since the start of 2018, according to Fidji Simo, Face...More..

Elon Musk provokes Brit cave diver he called ‘pedo guy’ AGAIN
by | Wednesday, August 29, 2018

Elon Musk provokes Brit cave diver he called ‘pedo guy’ AGAIN

Musk sent a string of now-deleted tweets in which he said he was working on producing a video to prove his submarine could have reached the trapped football team. The attention that the go-private-or-not saga g...More..

Italy says France's Macron should open border crossing
by | Wednesday, August 29, 2018

Italy says France's Macron should open border crossing

Salvini urged Macron to stop turning back migrants who try to enter France at the Ventimiglia border crossing with Italy . The heated exchanges come as Europe gears up for European Union parliamentary e...More..

Demonetisation: 99.3% of old notes now with banks, says RBI
by | Wednesday, August 29, 2018

Demonetisation: 99.3% of old notes now with banks, says RBI

The share of newly introduced Rs 200 banknotes in the total value of banknotes in circulation was 2.1 per cent as at end-March 2018. Prime Minister Narendra Modi's decision to ban high-value currency notes ...More..

JetBlue raising baggage fees starting Monday
by | Tuesday, August 28, 2018

JetBlue raising baggage fees starting Monday

The country's two largest airlines are raising the fee for the first checked bag to $30 from $25. The fee for a second checked bag is $40, up from $35, and a third piece will cost flyers $150, up $50 from the...More..

USA government to pay US$4.7 billion to farmers in tariff aid
by | Tuesday, August 28, 2018

USA government to pay US$4.7 billion to farmers in tariff aid

Countries have retaliated with levies on American goods, particularly agriculture, because they target Trump's political support base in the US. The Trump administration said Monday that it will dole out arou...More..

U.S., Mexico Reach Trade 'Understanding' That Could Lead To NAFTA Overhaul
by | Tuesday, August 28, 2018

U.S., Mexico Reach Trade 'Understanding' That Could Lead To NAFTA Overhaul

But the president has often expressed a preference for bilateral deals - and he threatened again Monday to impose tariffs on Canadian vehicle imports in response to Canadian tariffs on USA dairy products. To ma...More..

Uber wants you to hop on electric bikes, scooters for short trips
by | Tuesday, August 28, 2018

Uber wants you to hop on electric bikes, scooters for short trips

A recent study showed that Britain was the worst country in western Europe for gridlock, with London the busiest city. "Khosrowshahi said that diversifying would help shape user behaviour and also allow Uber ...More..

Treasury’s Mnuchin Hopeful Trade Deal With Canada Will Get Done
by | Tuesday, August 28, 2018

Treasury’s Mnuchin Hopeful Trade Deal With Canada Will Get Done

The president also suggested he might leave Canada out of the new agreement - which would be called the "United States-Mexico Trade Agreement". Canada is the second-biggest trading partner of the U.S. The White...More..

Ontarians react to 'Buck a beer' coming into effect
by | Tuesday, August 28, 2018

Ontarians react to 'Buck a beer' coming into effect

Of Ontario's 300 brewers, 297 refused to sign on for the buck a beer campaign, and the three breweries who have are drawing less than rave reviews about their brews. Ford has said participating businesses will ...More..

by | Tuesday, August 28, 2018

Google Pay grows even stronger by absorbing India-first digital wallet Tez

Ever since its launch, it claims that over 22 million people and businesses have used Google Pay to make over 750 million transactions that are collectively worth over $30 billion annually. Google says the read...More..

US and Mexico tentatively set to replace NAFTA with new deal
by | Tuesday, August 28, 2018

US and Mexico tentatively set to replace NAFTA with new deal

US Trade Representative Robert Lighthizer said the White House was ready to notify the US Congress by Friday of President Donald Trump's intent to sign the bilateral document, but that it was open to Cana...More..

by | Tuesday, August 28, 2018

Turkey says wants to take relations with EU to a new phase

Albayrak also said that Turkey wanted to increase trade with France - now at 14 billion euros - to 20 billion euros. Turkey and the US are now experiencing rocky relations after Washington imposed sanctions o...More..

FinMin may consult RBI soon to resolve stress power sector problems
by | Tuesday, August 28, 2018

FinMin may consult RBI soon to resolve stress power sector problems

According to sources, around eight-nine commissioned power projects will be impacted by the Allahabad High Court order and banks have mostly provided for these stress projects. According to reports , during th...More..

Chinese ride-hailing service Didi Chuxing to suspend carpool after woman killed
by | Tuesday, August 28, 2018

Chinese ride-hailing service Didi Chuxing to suspend carpool after woman killed

The latest grisly episode triggered severe criticism of Didi on social media and prompted regulators to warn of industry-wide action. "These two vicious incidents that have violated the life and safety of pas...More..

by | Tuesday, August 28, 2018

Trump's new trade deal with Mexico doesn't include Canada

James Brander, a NAFTA expert at UBC's Sauder School of Business, says he believes Canada's bargaining position will be weak when trilateral talks resume this week. While the negotiations have largely focus...More..

Victorian Premier Daniel Andrews announces plans for mega suburban rail tunnel
by | Tuesday, August 28, 2018

Victorian Premier Daniel Andrews announces plans for mega suburban rail tunnel

The project would allow commuters to travel between suburbs without needing to come into the city. (Supplied) (Supplied) Victorian Premier Daniel Andrews will today unveil plans for the biggest public transport...More..

by | Tuesday, August 28, 2018

Big oil calls proposed NAFTA agreement with Mexico encouraging

Foreign Affairs Minister Chrystia Freeland is cutting short a diplomatic trip to Europe to re-enter the high-level talks in Washington on Tuesday. Auto-immunity: Per Reuters , the agreement helps resolve...More..

Toyota will reportedly invest $500 million in Uber
by | Tuesday, August 28, 2018

Toyota will reportedly invest $500 million in Uber

The deal also will help both the Japanese automaker and Uber spread out the cost of designing and building the complex systems, which use computers, cameras, radar and laser sensors to guide the self-driving ve...More..

Tesla shares slip after company decides to stay public
by | Tuesday, August 28, 2018

Tesla shares slip after company decides to stay public

Mr Musk, Tesla's chief executive, revealed late on Friday night that he was abandoning a proposed buyout of Tesla, saying shareholders wanted the company to remain public. In recent months, it has been beset by...More..

Nation’s top student loan official resigns — APNewsBreak
by | Tuesday, August 28, 2018

Nation’s top student loan official resigns — APNewsBreak

Last August, the U.S. Department of Education announced it would stop sharing information with the bureau about the department's oversight of federal student loans, calling the CFPB "overreaching and unacco...More..

Erdogan says commitment of all Turks needed to combat attacks on economy
by | Tuesday, August 28, 2018

Erdogan says commitment of all Turks needed to combat attacks on economy

President Donald Trump doubled existing tariff rates on Turkish aluminum to 20% and on Turkish steel to 50% earlier this month after the two countries failed to make progress on a conflict over the imprison...More..

Donald Trump announces new trade deal with Mexico
by | Monday, August 27, 2018

Donald Trump announces new trade deal with Mexico

Canada, which is part of NAFTA, is not participating in the announcement. Trump is announcing a trade "understanding" with Mexico that could lead to an overhaul of the North American Free Trade Agreement. "I ex...More..

Buffett eyes investment in India-based tech company
by | Monday, August 27, 2018

Buffett eyes investment in India-based tech company

US-based Berkshire Hathaway on Monday confirmed that it has made an investment in Paytm's parent firm One97 Communications , ETNow reported . After raising $1 billion from SoftBank earlier this year, Payt...More..

Trump Organization CFO granted immunity in Cohen investigation
by | Monday, August 27, 2018

Trump Organization CFO granted immunity in Cohen investigation

On Thursday, it emerged that David Pecker , head of the company that publishes the National Enquirer tabloid, was also given immunity. The Wall Street Journal and NBC News were first to report on anony...More..

Lawyer Lanny Davis backs off claims about information Michael Cohen has
by | Monday, August 27, 2018

Lawyer Lanny Davis backs off claims about information Michael Cohen has

Cohen - who arranged hush-money payments shortly before the November 2016 USA presidential election to two women who said they had had sex with Trump in 2006 - on Tuesday pleaded guilty in NY to campaign fi...More..

Saudi Arabia Aramco IPO reportedly called off
by | Monday, August 27, 2018

Saudi Arabia Aramco IPO reportedly called off

If he fails to take a stance, the world human rights bodies such as Amnesty International should take notice of the issue and intervene. Reuters reported on Wednesday that four senior industry sources sa...More..

China's Crypto Crackdown Continues - Alipay Bans Bitcoin OTC Accounts
by | Monday, August 27, 2018

China's Crypto Crackdown Continues - Alipay Bans Bitcoin OTC Accounts

Per sources close to the matter, Alipay will also conduct public sensitization campaigns to enlighten the masses about digital currency scams, as bad actors still attend fraudulent cryptoassets-based investme...More..