Economy

Audi reveals first all-electric e-tron SUV

Audi reveals first all-electric e-tron SUV The company claims the Audi E-Tron 402bhp and 490lb-ft of torque helps launch the SUV from 0-62mph in under six seconds, before "silently" hitting a limited top speed of 124mph. In California, you can hire an electrician via Amazon. The charging cables used in these charging stations are liquid cooled to allow this new level of power to be transferred without overheating. [Full Article...]

Lawmakers criticize RBS and Barclays for online banking outages

Lawmakers criticize RBS and Barclays for online banking outages The issues had affected NatWest, Ulster Bank and Royal Bank of Scotland customers. Morgan gave the banks until Friday Sept. 28 to respond to her questions about the outages. And to make matters worse, some Barclays customers are reporting the technical borkage has caused money to go missing from their accounts. She said: 'We're now experiencing some technical problems - customers are still abl... [Full Article...]

India Resist American Pressure on Complying With Reimposed Iranian Sanctions: US Report

The Trump administration is now in talks with India on issues related to Iranian sanctions. Earlier this year, US President Donald Trump announced new sanctions against the country after the withdrawal of an global nuclear deal with Iran . [Full Article...]

China retaliates in tariff feud, focuses on USA tires, rubber

China retaliates in tariff feud, focuses on USA tires, rubber And I've said: "That is okay". "We can not afford further escalation, especially with the holiday shopping season right around the corner", Shay added. While Beijing has vowed to impose retaliatory tariffs, the country's premier said it's getting harder for China to maintain a stable economy. In a separate slap on the wrist, just days after announcing the new $200bn levies, the Trump administr... [Full Article...]

Woolworths and Coles increase milk price in support of drought-affected farmers

Woolworths and Coles increase milk price in support of drought-affected farmers It would also hike its 3L Full Cream and Lite Milk prices from $3 to $3.30 in Queensland, New South Wales, Australian Capital Territory and Victoria until the new drought relief milk range hits shelves. He applauded Woolworths to show the leadership regarding it. You had the intention of leading from the outset and found a way to make sure our farmers are better rewarded for their hard work. [Full Article...]

China trade war could last 20 years: Jack Ma

China trade war could last 20 years: Jack Ma Given China's counter-tariffs and the push for Chinese firms to find alternative, non-US sources for goods, the already optimistic pledge would be even more unlikely in the current environment. " Trade should be the propeller of peace ". Ma´s bold pledge following his January 2017 meeting at Trump Tower was greeted with scepticism by analysts at the time, who said the move was more about good PR... [Full Article...]

Tesla Model 3 earns five-star NHTSA crash rating

Tesla Model 3 earns five-star NHTSA crash rating The Tesla Model 3's ratings from the National Highway Traffic Safety Administration. But that's only half the story. A five-star rating indicates a reduced risk of serious injury by one-third or more, relative to the 2008 model year. In the case of the 2018 Model 3, you'll find one of the best scores for rollover resistance (6.6%) of any vehicle on sale in the U.S. Neither of which are especially ... [Full Article...]

Trump bullies OPEC...again

President Donald Trump urged OPEC to lower crude prices ahead of its meeting in Algeria this weekend. Over the past four years, changes to US crude oil transportation infrastructure and the fluctuations in the Brent-WTI spread have resulted in refiners in the East Coast receiving the highest crude volumes by tanker and barge from the Gulf Coast since 2014, while crude by rail shipments from th... [Full Article...]

Ripple’s Partners Might Use xRapid Starting in October, Executive Hints

Ripple’s Partners Might Use xRapid Starting in October, Executive Hints Sarbhai should know what he's talking about, though, as the head of regulatory relations for Asia-Pacific and the Middle East he would be in a flawless position to know exactly how far away Ripple is from rolling out xRapid. The fact that the project is already making a success is mirrored in the case of having SBI group, which already partnered with Ripple previously, testing xRapid for XRP... [Full Article...]

Woolworths dumps needle sales after fruit contamination cases

Woolworths dumps needle sales after fruit contamination cases But Woolworths said the safety of its customers was its top priority and that pulling sewing needles from its shelves across the country was a safety measure. Australian Prime Minister Scott Morrison talking to Australia's 9 News on Thursday. The phenomenon - which has turned many Australians off buying strawberries and thrown Australia's fruit industry into chaos - appears to have worsen... [Full Article...]

India to pay in rupees for Iranian oil

India to pay in rupees for Iranian oil After a meeting with India's most senior politicians earlier this month, U.S. Secretary of State Mike Pompeo said that the United States would consider waivers "where appropriate", but reiterated that the United States eventually expects to bring Iranian oil exports to zero. [Full Article...]

NewsAlert: Ontario MP Leona Alleslev ditches Liberals, crosses floor to Tories

NewsAlert: Ontario MP Leona Alleslev ditches Liberals, crosses floor to Tories A Toronto-area Liberal MP has crossed the floor to Andrew Scheer's Conservatives, citing concerns about the economy and foreign policy as her reasons for leaving the government benches. Heritage Minister Pablo Rodriguez said Alleslev "never" came to his door to relay complaints when he was Liberal whip. She has a business background as a senior manager at Bombardier Aerospace and IBM, and also s... [Full Article...]

Macron: Political leaders pushing for Brexit are 'liars'

Macron: Political leaders pushing for Brexit are 'liars' Despite reports of a friendly spirit at a summit in Salzburg, Austria, the fundamental differences remained. But Mrs May said Chequers was "the only credible and negotiable plan on the table that delivers no hard border in Northern Ireland and also delivers on the vote of the British people". [Full Article...]

Theresa May rallies European Union leaders with 'not perfect' Chequers proposal

Theresa May rallies European Union leaders with 'not perfect' Chequers proposal That was originally viewed as the deadline, but Tusk confirmed on Wednesday he will seek approval from European Union leaders for a last-gasp Brexit gathering in mid-November. "Away from the discussion in the media, behind closed doors, I have the impression that both sides are aware that a solution can only be found if both sides make a move towards one another". [Full Article...]

What is Amazon Storefronts?

What is Amazon Storefronts? Located on Amazon's homepage and at www.amazon.com/storefronts , the online store features more than 25 product categories, such as Back to School, Halloween, and Home. David Minnery's handmade toy business, Manzanita Kids , is featured on Amazon Storefronts . For some of these businesses, however, Amazon will produce video features and stories that profile the business owners, and will als... [Full Article...]

Audi launches its electric SUV in Tesla's backyard, with assist from Amazon

Audi launches its electric SUV in Tesla's backyard, with assist from Amazon The US range is split between Premium Plus, Prestige ($81,800), and First Edition ($86,700). As per trusted sources, the German automaker has started accepting reservations for the E-tron and is expected to begin shipping the EV from its manufacturing plant in Brussels by the second quarter of 2019. [Full Article...]

Amazon to launch 3,000 cashierless stores by 2021

Amazon to launch 3,000 cashierless stores by 2021 Shares of US supermarket chains Kroger Co (KR.N) and Target Corp (TGT.N) fell between 1 and 2 percent following the news. The convenience store concept, which works with its own app, allows customers to shop without having to wait in checkout lines. [Full Article...]

Passengers suffer nose, ear bleeds on Jet Airways flight

Passengers suffer nose, ear bleeds on Jet Airways flight As per latest reports, the crew has been taken off-duty and Aircraft Accident Investigation Bureau (AAIB) has started an investigation. Several passengers on a Jet Airways flight from Mumbai to Jaipur on Thursday suffered nasal and ear bleeding after cabin pressure inside the aircraft dropped, a senior official said. [Full Article...]

Jack Ma says he can't create 1 million United States jobs after all

Jack Ma says he can't create 1 million United States jobs after all But Ma told Xinhua that his pledge had been made on the basis of continued cooperation and trade growth between the United States and China, and would now be hard to fulfill. Tensions have escalated this week as China vowed to retaliate against U.S. plans to levy tariffs on about $200 billion (RM828 billion) in Chinese goods. [Full Article...]

We’re ready to come up with a better backstop proposal — European Union negotiator

We’re ready to come up with a better backstop proposal — European Union negotiator British Prime Minister Theresa May appealed directly to fellow European leaders on Wednesday to drop "unacceptable" Brexit demands that she said could rip Britain apart, and urged the bloc to respond in kind to her "serious and workable" plan. [Full Article...]


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