Economy

USA 'closed the door' on tariff talks — European Union trade official

USA 'closed the door' on tariff talks — European Union trade official Even before he was confirmed, his language was used in the 2017 USTR Trade Policy Agenda, to note that WTO commitments are not "religious obligations" and to promise to "act aggressively as needed" to combat unfair trade practices through USA trade remedies, such as Section 301 of the Trade Act of 1974, "when the WTO adopts interpretations of WTO agreements that undermine the ability of the United... [Full Article...]

Sky takeover: United Kingdom clears way for deal to proceed

Sky takeover: United Kingdom clears way for deal to proceed The UK government will let 21st Century Fox take over Sky if it sells Sky News . Fox welcomed Hancock's announcement, and noted that it had already proposed divesting the platform's 24-hour news channel to Disney regardless of the fate of its bid for the wider Fox assets. [Full Article...]

Qatar Airways chief says only a man could do his job

Qatar Airways chief says only a man could do his job Qatar Airways Chief Executive Officer Akbar Al Baker says only a man could rise to the challenges of his job. When asked what the association - long regarded as one of the world's most powerful "boys' club" - meant to do to increase the representation of women in the senior ranks of Middle East aviation, he responded: "That's not the case at Qatar Airways". [Full Article...]

Airliner out of San Antonio damaged by hail, makes emergency landing

Airliner out of San Antonio damaged by hail, makes emergency landing Photos shared on Twitter show the plane's nose dented inward and windshield severely cracked. Another passenger, Jesus Esparza, told KENS 5 they saw lightening outside their windows midflight and it sounded like the plane was being pelted with hail. [Full Article...]

Koch Brothers Groups Will Spend Millions Fighting Trump's Trade War

By the White House's account, released on Monday, nothing has been decided, but a deal on reducing the bilateral trade deficit is still in the works. In a document by the Koch networks, the billionaire donors criticized tariffs on foreign goods as "Protectionist policies" that "create artificial winners and losers, while open trade offers a win-win that delivers the best results for the most p... [Full Article...]

Drivers hit by worst rise in petrol price in 18 years

Drivers hit by worst rise in petrol price in 18 years It may be noted that a litre of petrol is retailing at Rs 77.83 in Delhi while the same quantity of diesel was available for Rs 68.88. According to the website of Indian Oil Corporation Limited (IOCL), the price of petrol was retailing at Rs 77.83/litre in the national capital; Rs 80.47/litre in Kolkata; Rs 85.65/litre in Mumbai; Rs 80.80/litre in Chennai and Rs 79.10/litre in Bengaluru.... [Full Article...]

Addicted to Your iPhone? Apple Screen Time Will Tell You

Addicted to Your iPhone? Apple Screen Time Will Tell You Apps can now be programed to extend their functionality into Siri so that you can issue voice commands related to them. Moreover, the App Store developers will have made over $100 billion this week. There will also be grouped notifications , which means no more WhatsApp notifications overloading your phone's lock screen . Notably, watchOS 5 does not support the original 2015 versio... [Full Article...]

Hattiesburg Starbucks to take part in nationwide diversity training

Hattiesburg Starbucks to take part in nationwide diversity training Future trainings will address all aspects of bias and experiences. "It doesn't really seem to do much good on average for companies to offer diversity training because they say you can't really change people's inherent biases with a training session", Harvard sociology professor Frank Dobbin told TIME . [Full Article...]

Markets are bouncing back as fears over Italy’s political crisis subside

Markets are bouncing back as fears over Italy’s political crisis subside Barclays investment strategist Hao Ran Wee said that while risks from Italy for world markets had certainly risen, there were significant hurdles for the country to sharply increase spending or exit the euro zone. Investors shifted their money into the safety of US government bonds. " Uncertainty and the unknowns themselves affect the real economy", said Levine, of Bank of New York M... [Full Article...]

Howard Schultz Is Stepping Down As Starbucks Executive Chairman

Howard Schultz Is Stepping Down As Starbucks Executive Chairman Schultz said his main goal is to serve the country. Over the course of his career at Starbucks, the company grew from a handful of stores to an global behemoth with 28,000 locations around the world. "One of the things I want to do in my next chapter is to figure out if there is a role I can play in giving back", he continued. Schultz, who oversaw the transformation of Starbucks into a global ... [Full Article...]

How to download and install iOS 12 beta

Apple just announced then new iOS 12 at its annual WWDC event. This lets users assign phrases to an app - which opens the app when the phrase is spoken. CarPlay adds support for third-party navigation apps displayed right on the car's dash - joining music, messaging, calling and automaker apps. Voice Memos completely rebuilt, and it's coming to the iPad . [Full Article...]

China warns USA against imposing tariffs

China warns USA against imposing tariffs Following Chinese Vice Premier Liu He's talks with Ross , China referred instead to a consensus reached last month in Washington, when China agreed to increase significantly its purchases of USA goods and services. Washington's negotiating stance in the trade talks with Beijing has shifted as Trump's team of hardliners and more mainstream advisors compete to push their views. [Full Article...]

Google Is Mentioned to Not Renew Pentagon Contract That Upset Staff

Google Is Mentioned to Not Renew Pentagon Contract That Upset Staff Those who resigned were anxious about the ethical implications of the use of artificial intelligence in drone warfare, but they were also concerned with Google's political motives and the potential for loss of user trust. Project Maven is an initiative from the Department of Defense, which aims to "accelerate DoD's integration of big data and machine learning". The Google workers also noted t... [Full Article...]

The winning numbers for tonight's €4.5 million Lotto jackpot are here

The winning numbers for tonight's €4.5 million Lotto jackpot are here The other two winners on that ticket are from Ontario and Quebec. Thursday's Daily Grand jackpot was won by a ticket sold somewhere in the province, outside of Edmonton or Calgary. Lotto Max started in September 2009, replacing Lotto Super 7. The Lotto jackpot is worth a life-changing €4.5 million. Numbers drawn were 2, 11, 17, 18, 22, 25, 39 with bonus number 3. [Full Article...]

United States citizen shot to death in Nicaragua's capital amid unrest

United States citizen shot to death in Nicaragua's capital amid unrest Demonstrators fire a homemade mortar during a protest against Nicaragua's President Daniel Ortega's government in Managua, Nicaragua . On April 18, the Nicaraguan army shot at people protesting reforms to the country's pension plan. The march had been promoted as a peaceful demonstration by organizers. The bloodshed was condemned by the Central American country's Episcopal conference of C... [Full Article...]

Riots Continue as Fearful Jordanian King Suspends Fuel, Electricity Hikes

Riots Continue as Fearful Jordanian King Suspends Fuel, Electricity Hikes Despite decision by the government, upon orders by His Majesty King Abdullah, to cancel significant hikes in the prices of fuel and electricity driven by the rising prices of crude on global markets, riots and protests were reported in nearly every corner of the country according to local coverage and social media posts, including the official news agency. [Full Article...]

Winning Bid to Have Lunch With Warren Buffett: $3.3 Million

Winning Bid to Have Lunch With Warren Buffett: $3.3 Million The victor wasn't immediately identified by organizers. The victor, who wishes to remain anonymous like many other previous winners, is allowed to bring his/her seven friends to the lunch with Warren Buffett at Smith & Wollensky Steakhouse at New York City. [Full Article...]

Merkel to work with new Italy gov't, says united EU vital

Merkel to work with new Italy gov't, says united EU vital The ECB has said that such a move would not comply with European Union treaties. In addition, Merkel spoke positively about some of the ideas of French President Emmanuel Macron for greater solidarity in the euro area and the wider European Union. [Full Article...]

Microsoft is now a more valuable company than Google

Microsoft is now a more valuable company than Google With Microsoft's current market cap at 766.8 billion compared to Alphabet's 766.5 billion, Microsoft is able to retain the third place spot using market prices at the time of this writing. Amazon's AWS is right now the market pioneer in the cloud space. The company is increasingly building an identity around Cloud, and moving away from its traditional Windows-centric image. [Full Article...]

BC judge expands pipeline injunction as protesters use 'calculated' defiance

BC judge expands pipeline injunction as protesters use 'calculated' defiance Now she says there is a third reason. The Pipelines segment operates Trans Mountain pipeline that transports approximately 300,000 barrels per day of crude oil and refined petroleum from Edmonton, Alberta to Burnaby, British Columbia; Puget Sound pipeline serving Washington State; and Jet Fuel pipeline serving Vancouver International Airport. [Full Article...]


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