Economy

Sewing needles found in Australian strawberries, farmer 'devastated'

Sewing needles found in Australian strawberries, farmer 'devastated' ACT chief health officer Dr Paul Kelly said no contaminated Berry Liscious or Berry Obsession strawberries had been reported in the territory, but encouraged caution. It comes as products sold by Sunshine Coast supplier Donnybrook were pulled from supermarket shelves earlier in the day following the discovery of needles in three punnets of fruit on Thursday and Friday. [Full Article...]

Government to cut down non-essential imports: Arun Jaitley

Government to cut down non-essential imports: Arun Jaitley These assurances were given after the Prime Minister Narendra Modi reviewed the economic situation with the Finance Minister Arun Jaitley and other senior Cabinet Ministers. He added that CBDT was "very clear" that this year the government would be able to collect taxes in excess of the budgeted target. On Saturday, the meeting reviewed revenue and expenditure positions. [Full Article...]

Border official: Canadians entering U.S. risk lifetime ban for marijuana use

Border official: Canadians entering U.S. risk lifetime ban for marijuana use Owen told online news outlet Politico that the USA will continue to enforce its prohibition come Oct 17, when recreational Cannabis becomes legal. Although Owen didn't specify any minimum level of investment, he signaled that the focus was more on those bringing the sector to the USA, which could have implications for the burgeoning sector. [Full Article...]

BMW Motorrad presents first autonomous bike

BMW Motorrad presents first autonomous bike So future BMW motorcycles could have advanced active safety technologies which could pull riders out of a possible collision, steer to avoid something in the road or even assist with lane change and cruise-control, similar to how active safety tech works on modern BMW cars . [Full Article...]

Global oil consumption to top 100m bpd in next 3 months: IEA

Global oil consumption to top 100m bpd in next 3 months: IEA The sanctions on Iran have started forcing buyers to forego imports from the Islamic republic before a 4 November deadline. Of this, close to 25% comes from Iran . In addition, the European Union, which had previously joined the U.S.in targeting Iranian oil exports in 2012, has shown its unwillingness to follow Washington's lead this time around, openly vowing to rebel against the USA sanctio... [Full Article...]

Waffle House Storm Center activates for Florence

Waffle House Storm Center activates for Florence If a Waffle House is closed because there's a disaster, it's bad. If a Waffle House is closed because there's a disaster, it's bad. With 1,500 locations, mainly across the South and along the Gulf Coast, that are open 24 hours a day, 7 days a week, 365 days a year, it's a big deal when Waffle House closes its doors. [Full Article...]

GM Issues Recall For 1M Pickups, SUVs Due To Power Steering Problem

GM Issues Recall For 1M Pickups, SUVs Due To Power Steering Problem GM's number for this recall is 18289. Such a failure increases the risk of a crash. Also affected are 2015 Cadillac Escalade and GMC Yukon SUVs. Normally when your power steering is having a problem, you gradually notice it due to a fluid leak or a bad pump. [Full Article...]

'PREPARE TO DIE': Leftists' Heads Explode Over Trump Alert

'PREPARE TO DIE': Leftists' Heads Explode Over Trump Alert But it won't be a political message or attack on one of his perceived enemies-or at least, it's not supposed to be. An alert system could allow President Donald Trump to communicate with most Americans directly through their phones. You don't need to take any action for the test. The test message will have a header that reads "Presidential Alert", according to the agency. The 2015 law autho... [Full Article...]

Queensland offers R1m reward as strawberries sabotaged with needles

New South Wales Police said the number of reported incidents has been increasing, with six brands believed to have been targeted: Berry Obsession, Berry Licious, Love Berry, Donnybrook Berries, Delightful Strawberries and Oasis. Coles said they had been in contact with Faugeras. (From left) Queensland chief health officer Jeanette Young and Acting Chief Superintendent of state crime command T... [Full Article...]

Australians told to chop strawberries as police investigate needles found in fruit

Contaminated punnets have been reported in supermarkets in the states of New South Wales , Queensland and Victoria. Until investigators have a better idea where the needles are coming from, they recommend all strawberries be cut or disposed of. [Full Article...]

Volkswagen to end production of the Beetle next year

Volkswagen to end production of the Beetle next year Porsche's factory at Fallersleben, now known as Wolfsburg, had scarcely turned out 200 before the outbreak of the Second World War. The compact Beetle was first made in Germany in 1938 during the Nazi era and came to the USA only 11 years later. [Full Article...]

PM Modi reviews economy with Jaitley as rupee weakens, fuel prices soar

PM Modi reviews economy with Jaitley as rupee weakens, fuel prices soar It was made a decision to remove exposure limit of 20 per cent of Foreign portfolio investment (FPI) corporate bonds portfolio to a single corporate group and 50 per cent of any issuance. The Prime Minister may like to know the possible fiscal and monetary measures that the government can take to improve market confidence and economic scenario, officials said. [Full Article...]

Man sentenced to nine months' prison for selling fake Tripadvisor reviews

Man sentenced to nine months' prison for selling fake Tripadvisor reviews In one of the first cases of its kind, a court in Lecce in the southern region of Puglia ruled that writing fake reviews under a false identity is a criminal offence. "By working together with the prosecutors in Italy, we have shown those trying to offer paid reviews that they have some skin in the game. and there are repercussions coming for their real-world actions", Young said . [Full Article...]

A new poll shows the biggest problem Republicans face in November's midterms

A new poll shows the biggest problem Republicans face in November's midterms One common thread in the latest batch of low polls for Trump is his declining rating among independent voters. The company surveyed likely voters through automated calls made to landlines, which means those polled tend to be older in age, and more likely to vote for the Republican Party. [Full Article...]

Robert Scott, economist, says fears over Donald Trump tariffs overblown

Robert Scott, economist, says fears over Donald Trump tariffs overblown The trade war has already contributed to sell-offs in China's stock markets and currency. On Thursday, the U.S. business lobbies AmCham China and AmCham Shanghai published a joint survey showing that the negative impact on U.S. The chairman of the American Chamber of Commerce in China warned the Trump administration might be underestimating China's resolve to fight back. US President Tru... [Full Article...]

Turkish lira hits new high amid rate hike talk

Turkish lira hits new high amid rate hike talk The appointment of Berat Albayrak boosted expectations the president - who wants to see lowering borrowing costs to spur credit growth and new construction - will look to exercise greater influence over monetary policy. "We will see the result of the Central Bank's independence". Erdogan previous year said the fund needed a "reorganisation" after the first chairman Mehmet Bostan was removed from... [Full Article...]

Amazon's Jeff Bezos unveils $2bn philanthropic fund

Amazon's Jeff Bezos unveils $2bn philanthropic fund The wealth that Bezos has amassed hasn't come without controversy, as many critics point to poor working conditions at his facilities while others say he doesn't do enough for the public good. The fight soured many more locals on Amazon and Bezos, and also overshadowed the growing portfolio of philanthropy they had done in the city. When discussing his charity work with the homeless and schools ... [Full Article...]

China will not 'surrender' to US demands in trade talks: State paper

China will not 'surrender' to US demands in trade talks: State paper Washington has offered to restart negotiations with Beijing as the trade war escalates, a move analysts say reflects pressure on the White House ahead of critical midterm elections and a weaker Chinese negotiating position as its economy slows. [Full Article...]

Carney to stay at Bank of England until 2020

Carney to stay at Bank of England until 2020 Carney was previously set to leave his role in June 2019 but has been persuaded to stay on by Chancellor Philip Hammond . To view the full article, register now. "Accordingly, I am willing to do whatever I can in order to promote both a successful Brexit and an effective transition at the Bank of England". [Full Article...]

Anniversary of deadly 9/11 attacks gives ‘perspective’ as NAFTA talks resume: Freeland

Anniversary of deadly 9/11 attacks gives ‘perspective’ as NAFTA talks resume: Freeland But as an October 1 deadline to renegotiate NAFTA looms, Canada is prepared to offer similar concessions on the dairy industry to those that it agreed to in free trade deals with the European Union and Pacific Rim nations, the sources said. [Full Article...]


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