Economy

May faces latest Commons test as MPs bid to shape Brexit

May faces latest Commons test as MPs bid to shape Brexit But MPs have tabled 19 amendments to the text, which could bind her politically, even though the declaration has no legal force. But the dramatic move was far from guaranteed to deliver a majority for the plan, after it failed to win the support of the influential European Research Group of Conservative eurosceptics. [Full Article...]

US charges Huawei in technology theft, sanctions violations

US charges Huawei in technology theft, sanctions violations After years of calling Chinese smartphone and network equipment manufacturer Huawei a threat to national security, the USA today announced a 13 count indictment against the company. FILE PHOTO: Attendees pass by a Huawei booth during the 2019 CES in Las Vegas, Nevada, U.S., January 9, 2019. Meng was arrested in Canada last month at the behest of the US government, which issued an arrest w... [Full Article...]

China's Huawei Technologies accused of conspiring to steal trade secrets

China's Huawei Technologies accused of conspiring to steal trade secrets Prosecutors said that Huawei concealed its relationship with Skycom Tech Co. The White House is preparing an executive order to declare a national emergency that would bar US companies from using telecommunications equipment made by China's Huawei and ZTE. [Full Article...]

Venezuela in Turmoil: President Maduro says USA is plotting a coup

Venezuela in Turmoil: President Maduro says USA is plotting a coup Freeland also said that Canada - along with Argentina, Chile, Colombia, Paraguay and Peru - referred the ongoing human rights abuses and squashing of dissent in Venezuela to the International Criminal Court prosecutor's office for investigation in September. [Full Article...]

63% Believe America Is Headed in 'Wrong Direction' After Shutdown, Poll Finds

63% Believe America Is Headed in 'Wrong Direction' After Shutdown, Poll Finds Even some of the people typically thought of as Trump's core supporters don't really like him. Finally, asked if special counsel Robert Mueller's investigation into Russian interference in the 2016 presidential election has given them more doubts about Trump's presidency or not, 45 percent of Americans said yes, while 48 percent said no. [Full Article...]

Saudi's Falih Sees No Impact on Oil Markets From Venezuela Turmoil: RIA

Saudi's Falih Sees No Impact on Oil Markets From Venezuela Turmoil: RIA The program is offering investment opportunities in mining, industry, logistics and energy sectors inside the kingdom, according to a document distributed to participants at an investment conference the deputy minister was addressing in Riyadh . [Full Article...]

Fisherman reels in World War II-era hand grenade in Ocala

Fisherman reels in World War II-era hand grenade in Ocala A fisherman prompted the evacuation of a Florida Taco Bell when he put his catch of the day in the trunk of his auto and drove to the fast-food restaurant, police said. Ocala Police said that the man fished out the grenade while using a magnet. The bomb squad was called to the scene to ensure everyone's safety. [Full Article...]

Howard Schultz: Ex-Starbucks CEO considers presidential run

Howard Schultz: Ex-Starbucks CEO considers presidential run Schultz also criticized Trump's tax cut, saying that he would have offered a more modest cut to businesses and instead offered the largest cut to people that need it most. When Pelley pointed out Trump initially said the same but never did, Schultz said, "We can do it today". No Independent candidate has ever won a USA presidential election, although some have played the role of spoiler. [Full Article...]

Australia recognises Juan Guaidó as Venezuela president

Australia recognises Juan Guaidó as Venezuela president Several countries, including the United States, Canada, Argentina, Brazil, Chile, Colombia, Ecuador and Paraguay, have recognized him. "Australia recognizes and supports the president of the National Assembly, Juan Guaido, in assuming the position of interim president . [Full Article...]

Another Democrat urges Schultz not to run

However, Schultz, a longtime Democrat, said that he would launch his bid for the White House as an Independent. Schultz reaffirmed Democrats' fear during an interview with " 60 Minutes " on Sunday. "I have a long history of recognizing, I'm not the smartest person in the room, that in order to make great decisions about complex problems, I have to recruit and attract people who are smarter than ... [Full Article...]

Truck driver from Brooklyn wins $298 million Powerball Jackpot

Truck driver from Brooklyn wins $298 million Powerball Jackpot A Brooklyn man is almost $300 million richer than he was a month ago after winning the Powerball drawing . He says he found a $5 bill in his back pocket, so he chose to buy a Powerball ticket. As for his first purchase? Johnson played the lottery on December 26, selecting the winning numbers - 5-25-38-52-67, and Powerball 24. His was the third consecutive New Yorker to win a 2018 lottery ... [Full Article...]

Euro headed for second weekly loss after ECB's warning

Euro headed for second weekly loss after ECB's warning The Nasdaq had risen roughly 0.7 percent on Thursday thanks to a rally by chipmakers, while the S&P 500 edged higher and the Dow closed nominally lower as anxiety about slowing global growth and the Sino-U.S. The Fed is ahead of the ECB in withdrawing years of central bank stimulus deployed to counteract the global financial crisis and the Great Recession due to an earlier and more robust USA reco... [Full Article...]

USA conservatives slam 'surrender' on border wall

USA conservatives slam 'surrender' on border wall The partial shutdown, which was the longest in US history, ended Friday with Trump agreeing to temporarily reopen the government without any money for a wall. The economic fallout from the 35-day shutdown - the longest in the nation's history - has now been calculated as overshadowing Trump's earlier border wall cash demand, after S&P Global Ratings ran the numbers at some $6 billion lost by the... [Full Article...]

Watch Budweiser's Bob Dylan-backed Super Bowl ad touting wind power

Watch Budweiser's Bob Dylan-backed Super Bowl ad touting wind power The ad, called " Wind Never Felt Better ", shows the Clydesdales galloping through a wind farm, complete with Bud-branded turbines. Additionally, the fine print explains that renewable energy is only one type of energy Budweiser uses in the beer-making process. [Full Article...]

Missing After Mining Dam Collapses in Brazil

Missing After Mining Dam Collapses in Brazil A police spokesman said the missing were all Vale employees or contractors. They planned to resume at first light Sunday morning. A auto lies covered in debris after a dam collapse near Brumadinho, Brazil . The IDF said that its search and rescue teams would use advanced equipment including cellular location, underwater radars and drones to assess the situation upon arrival. [Full Article...]

Venezuela chaos: Oil prices inch up with rising turmoil

Venezuela chaos: Oil prices inch up with rising turmoil Brent crude oil futures were at $61.45 a barrel at 1450 GMT, up 36 cents, or 0.59 percent. Declining Venezuelan shipments have been underpinning demand for heavy Canadian crude for more than a year, even at the South American nation's own USA refineries. [Full Article...]

PG&E Not To Blame For Deadly Tubbs Fire

PG&E Not To Blame For Deadly Tubbs Fire On the one hand, it does reduce the total potential liability bill PG&E will face, and not surprisingly BlueMountain Capital used the news to release another statement, arguing that it is "yet another example of why the company shouldn't be rushing to file for bankruptcy , which would be totally unnecessary and bad for all stakeholders". [Full Article...]

Whole Foods Recalls Products With Baby Spinach Due To Salmonella Risk

Whole Foods Recalls Products With Baby Spinach Due To Salmonella Risk Whole Foods Market in Union Square in New York City is pictured on June 15, 2018. Whole Food products being recalled include the Locavore Cheese Steak Wrap, Turkey with Spinach & Feta Sandwich and Tofu Shawarma Wrap, all with a sell-by date of January 26. [Full Article...]

Venezuelan US defence attaché breaks with Maduro as diplomats leave

Venezuelan US defence attaché breaks with Maduro as diplomats leave After Washington's declaration of support for Guaido, Maduro cut off diplomatic relations with the United States on Wednesday and gave US diplomats 72 hours to leave the country. "From where do you get the power to issue deadlines or ultimatums to a sovereign people?" On Thursday, high-ranking Palestine Liberation Organization official Ahmad Majdalani lashed out at the Trump administration for... [Full Article...]

Honda teases updated Urban EV ahead of Geneva debut

Honda teases updated Urban EV ahead of Geneva debut Although you don't see it here, previous disguised prototypes spotted on the streets show that, quite sensibly, the production hatchback ditches the concept's three-door layout with "suicide" doors for a more conventional five-door configuration with hinges where you'd normally expect them. [Full Article...]


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