U.S. rejects Maduro decision to sever diplomatic ties

Venezuela is to close its embassy and all consulates in the USA, the country's president Nicolas Maduro said on Thursday during a speech delivered to Venezuelan Supreme Court. But Guaidó, in a letter posted on Twitter the same day, asked foreig... More..

by | Published 27 days ago
FAA halts arriving flights at LaGuardia due to shortage of staff
by | Friday, January 25, 2019

FAA halts arriving flights at LaGuardia due to shortage of staff

Flights arriving into LaGuardia Airport were delayed by about 41 minutes as of 10:15 a.m. EST and gate hold and taxi delays were between 15 and 29 minutes, although FAA said it was decreasing. And it's not ju...More..

Pompeo optimistic about U.S China Trade Outcome
by | Friday, January 25, 2019

Pompeo optimistic about U.S China Trade Outcome

But what really matters is the quality and efficiency of our economic development", he said. Therefore, the trade war that dampened confidence in China's economic prospects and roiled markets in both countrie...More..

Tesla gets green light to sell Model 3 in Europe
by | Wednesday, January 23, 2019

Tesla gets green light to sell Model 3 in Europe

Deliveries should start in February for the Long Range Battery version of the midsize sedan - the same variant first sold in the US - according to Tesla, after Dutch vehicle authority RDW issued approval for sa...More..

TSA absences rise as shutdown continues
by | Wednesday, January 23, 2019

TSA absences rise as shutdown continues

Sunday's 10 percent absence rate indicates that more than 3,000 airport screeners missed work. The agency said many employees, who are not being paid because of the shutdown, are not reporting to work because...More..

Murphy, transportation officials push for $2B new monorail at Newark airport
by | Wednesday, January 23, 2019

Murphy, transportation officials push for $2B new monorail at Newark airport

FAA spokesman Greg Martin told CNN that the agency stopped flights at the airport after the initial report over the smaller regional airport some 25 kilometres away. The scare comes just weeks after Gatwick A...More..

China Demands USA Refrain from Extraditing Huawei's Boss
by | Wednesday, January 23, 2019

China Demands USA Refrain from Extraditing Huawei's Boss

Canada's daily Globe and Mail reported on January 22 that the USA will file an extradition request on allegations of banking fraud related to the violations of the U.S. A week after Meng's arrest was public...More..

Police to interview man after digger attack destroys front of hotel
by | Wednesday, January 23, 2019

Police to interview man after digger attack destroys front of hotel

Parkinson said the driver , who was working for MF Construction, the groundwork contractor for the project, had told other workers his pay was overdue. Construction workers still working at the site were "go...More..

France pushes Japan to accept Renault-Nissan merger
by | Wednesday, January 23, 2019

France pushes Japan to accept Renault-Nissan merger

Ghosn has been in custody since November 19, accused of financial crimes that could put him behind bars for decades. A Renault spokesman did not respond to a request for comment. The delegation, which include...More..

by | Tuesday, January 22, 2019

"India's Economy Healthy, May Grow 7.5%": IMF Chief Economist To NDTV

The UK's GDP will grow by 1.5% this year, should it secure an agreement to leave the European Union, and 1.6% in 2020 - 0.1 percentage points higher than previously forecast, while Germany will slump to 1.3% ...More..

US to formally seek extradition of Huawei exec Meng Wanzhou
by | Tuesday, January 22, 2019

US to formally seek extradition of Huawei exec Meng Wanzhou

David MacNaughton, in an interview with the Canadian newspaper, said the USA has told Canada it will request Meng's extradition, but he did not say when the request will be made. Their letter, dated January 2...More..

China's economy expands 6.6 pct in 2018
by | Tuesday, January 22, 2019

China's economy expands 6.6 pct in 2018

Analysts fear that China's growth could take another hit if a three-month ceasefire ends in March without any deal in place. The slowing growth, which comes amid falling demand for exports and slower domestic s...More..

by | Tuesday, January 22, 2019

Australian shares set for flat start: International Monetary Fund issues global economy warning

The IMF has lowered its growth forecasts from 3.7 per cent in 2018 to 3.5 per cent in 2019. The IMF saw China's growth slipping from 6.6 per cent last year to 6.2 per cent this year. The US is expected to gro...More..

France hits Google with €50 million data consent fine
by | Monday, January 21, 2019

France hits Google with €50 million data consent fine

It's one of the biggest regulatory enforcement actions since the European Union's General Data Protection Regulation , or GDPR , came into force in May. The CNIL said Google made it too hard for users to unde...More..

United States stocks rally amid trade optimism, economic data
by | Sunday, January 20, 2019

United States stocks rally amid trade optimism, economic data

Reuters reported on January 9 that US officials used three days of trade talks with Chinese counterparts in Beijing to demand more details on China's pledge to make big purchases of American goods. In Europe, L...More..

Trump attacks top Democrat for rejecting Mexico wall deal
by | Sunday, January 20, 2019

Trump attacks top Democrat for rejecting Mexico wall deal

Conservative radio host Ann Coulter and other immigration hard-liners slammed the Saturday proposal as "amnesty" for immigrants who were brought to the U.S.as children as well as for refugees from several cou...More..

Bearish and bullish drivers of oil prices in 2019
by | Sunday, January 20, 2019

Bearish and bullish drivers of oil prices in 2019

Oil prices steadied on Thursday, boosted by a rebound in USA equities and news that OPEC sharply curtailed production in December, after earlier losses on fears about surging US crude output and weakening gl...More..

Mitsubishi alleges Carlos Ghosn received $8.9 million in illegal payments
by | Sunday, January 20, 2019

Mitsubishi alleges Carlos Ghosn received $8.9 million in illegal payments

The logo of Mitsubishi Motors Corp is displayed at the company's showroom in Tokyo , Japan. Ghosn denies the charges against him, which include understating his salary for a total of eight years and tempor...More..

Morgan Stanley shares slide after disappointment on weak trading, wealth management
by | Saturday, January 19, 2019

Morgan Stanley shares slide after disappointment on weak trading, wealth management

While the company's efforts to strengthen wealth management business, focus on corporate lending, steady loan growth, higher interest rates and normalized levels of trading activities will further support reven...More..

Vanguard's Jack Bogle, index investing fund pioneer, dies at 89
by | Saturday, January 19, 2019

Vanguard's Jack Bogle, index investing fund pioneer, dies at 89

During his tenure at Vanguard, Bogle suffered several heart attacks and underwent a heart transplant in 1996, the year he stepped down as CEO. Created as an experiment in low-priced mutual funds, the firm intro...More..

At Least 66 Dead in Pemex Pipeline Explosion in Hidalgo
by | Saturday, January 19, 2019

At Least 66 Dead in Pemex Pipeline Explosion in Hidalgo

Video footage showed dozens of people in an nearly festive atmosphere gathered in a field where a duct had been breached by fuel thieves. Forensic specialists in white suits worked among the charred, blackene...More..

Geely plans China factory for Lotus
by | Saturday, January 19, 2019

Geely plans China factory for Lotus

Geely is traditionally a low-cost-high-volume manufacturer, but it's looking to expand into higher-end auto markets, and its control of Lotus is part of that plan. The Wuhan Development Zone did not respond t...More..

Judge Denies Requests To Pay Federal Workers During Shutdown
by | Friday, January 18, 2019

Judge Denies Requests To Pay Federal Workers During Shutdown

More than 2,700 federal workers living in OR have filed for unemployment benefits through the state since the partial government shutdown began. Some federal workers, who missed their first paycheck on Fr...More..

Galway based Supermacs win their trademark case against fast food Giant McDonalds
by | Friday, January 18, 2019

Galway based Supermacs win their trademark case against fast food Giant McDonalds

He said the decision opens the door for the company to register its own Supermac's in Europe as a trademark . It has been locked in a legal battle with McDonald's since 2015 when it planned to expand into ...More..

Shopko Stores files for bankruptcy protection
by | Friday, January 18, 2019

Shopko Stores files for bankruptcy protection

Shopko has obtained up to $480 million debtor-in-possession (DIP) financing from certain of its prepetition secured lenders, led by Wells Fargo, N.A.as administrative agent, to help fund and protect its operati...More..

Take home a Tesla Model 3 at this year's Pwn2Own
by | Friday, January 18, 2019

Take home a Tesla Model 3 at this year's Pwn2Own

Moreover, the free Tesla Model 3 will be rewarded to the first-round victor in hacking the auto. The full list of targets in this year's contest include the Tesla Model 3, Oracle VirtualBox, VMware Workstat...More..

Trump cancels U.S. delegation to Davos forum
by | Friday, January 18, 2019

Trump cancels U.S. delegation to Davos forum

Treasury Secretary Steven Mnuchin was to lead the delegation, which was also to include Secretary of State Michael Pompeo and Commerce Secretary Wilbur Ross . He, in turn, has refused to sign off on governme...More..

Huawei is accused by United States prosecutors of stealing trade secrets
by | Friday, January 18, 2019

Huawei is accused by United States prosecutors of stealing trade secrets

The news that these lawmakers have proposed this legislation set off Chinese government officials. The Wall Street Journal reported yesterday that Huawei could face criminal charges over the issue. Last year,...More..

Carlos Ghosn's wife slams 'harsh' Japan detention
by | Friday, January 18, 2019

Carlos Ghosn's wife slams 'harsh' Japan detention

He is being held in a 7 sq m (75 sq feet), unheated cell, according to Carole Ghosn, eats mainly rice and barley-based meals and has lost 7 kg (15 lb) over the past two weeks. The government has denied requests...More..

Republicans Dismiss Suggestion That State of Union Be Postponed
by | Friday, January 18, 2019

Republicans Dismiss Suggestion That State of Union Be Postponed

The US Constitution requires the President to brief Congress on the state of the union , but that briefing is not required to be a speech in front of Congress. During the shutdown, Trump has routinely blamed...More..