Economy

Economy Boeing trade case sets up United States to impose tariffs on EU
Author: 0 Boeing trade case sets up United States to impose tariffs on EU

The WTO appellate body upheld the compliance panel's finding in 2016 that Airbus paid a lower interest rate on financing for the development of its latest aircraft, the A350, than it would have obtained on the commercial market, and that this below-cost financing provided by the French, German, Spanish and United Kingdom governments provided a benefit to Airbus that constituted subsidies.

Economy Israel wins Eurovision Song Contest for fourth time
Author: 0 Israel wins Eurovision Song Contest for fourth time

Many Israelis see it as proof that the Jewish state can overcome those seeking to boycott it over its treatment of the Palestinians. Eurovision Song Contest performance, life satisfaction and suicide. Netanyahu referenced Barzilai again in a speech Sunday morning, saying: "These days Jerusalem is blessed with many gifts". 'We received another one yesterday evening, with Netta's suspenseful and shining victory.

Economy SpaceX just successfully landed its most powerful rocket yet
Author: 0 SpaceX just successfully landed its most powerful rocket yet

And I believe our most conservative consumers would agree with that". "Our goal, just to give you a sense of how reusable we think the design can be - we intend to demonstrate two orbital launches of the same Block 5 vehicle within 24 hours, no later than next year", Musk said during a prelaunch teleconference with reporters on Friday.

Economy Facebook, Aiming for Transparency, Details Removal of Posts and Fake Accounts
Author: 0 Facebook, Aiming for Transparency, Details Removal of Posts and Fake Accounts

Though Facebook extolled its forcefulness in removing content, the average user may not notice any change. The report comes in the face of increasing criticism about how Facebook controls the content it shows to users, though the company was clear to highlight that its new methods are evolving and aren't set in stone, CNET's Parker reports.

Economy Wildlife officers kill bear suspected of attacking girl
Author: 0 Wildlife officers kill bear suspected of attacking girl

The girl's mother told state wildlife officers that her daughter went outside around 2:30 a.m.to investigate noises she thought might be related to her dog. Colorado Parks and Wildlife advises the public to avoid attracting bears and other wildlife to their residences by removing attractants, including trash, bird feeders and other potential sources of food.

Economy It's machines vs trolls as Twitter unveils new plan to silence abusers
Author: 0 It's machines vs trolls as Twitter unveils new plan to silence abusers

Twitter will begin using a wider range of signals to rank tweets in conversations and searches, hiding more replies that are likely to be abusive, the company said today. We don't know what Twitter will look like after this change, but the company says it's seen positive results in early testing, "resulting in a 4% drop in abuse reports from search and 8% fewer abuse reports from conversations".

Economy Pompeo and Bolton outline North Korea plans as talks approach
Author: 0 Pompeo and Bolton outline North Korea plans as talks approach

Mr Kim, who has shown no aversion to taking risks, would perhaps be content with some sort of recognition of North Korea's status as a nuclear weapons power and the easing of sanctions that have crippled his country. Pompeo said Trump is in a unique position. Pompeo added that the United States "will have to provide security assurances" to Kim as well. "We can create conditions for real economic prosperity for the North Korean people that will rival that of the South", he said.

Economy American Airlines Says No To Insects, Goats & Hedgehogs
Author: 0 American Airlines Says No To Insects, Goats & Hedgehogs

American will now enforce the existing 48-hour advanced notice and pre-clearance policy for emotional support animals - including dogs and cats - where passengers must submit documents 48 hours ahead of flight time showing that permitted animals are healthy, trained and there at the recommendation of a mental health professional.

Economy Gas prices back over $3.00 per gallon in area
Author: 0 Gas prices back over $3.00 per gallon in area

That means it is renewing sanctions, which include not buying Iranian oil. The AAA analysis shows motorists in 19 states are now paying above the national average for fuel, with nine states seeing average gas prices above the $3 a gallon mark.

Economy Home Depot misses comparable-sales forecasts as spring selling dips
Author: 0 Home Depot misses comparable-sales forecasts as spring selling dips

The Home Depot has a 52 week low of $189.87 and a 52 week high of $191.54. (NYSE:HD) for 114,512 shs. Around the upcoming earnings release, the options market has priced in about a 2.9 percent stock price move in either direction according to the Market Maker Move indicator on the thinkorswim® platform .

Economy Google employees quit over controversial Project Maven
Author: 0 Google employees quit over controversial Project Maven

But according to Gizmodo , this project has been hugely controversial within Google, with some employees saying that it jeopardises trust and goes against the company's core beliefs. Other companies such as IBM and Amazon have refused to work with the Department of Defense, so it's interesting that Google is failing to take its employees' concerns onboard.

Economy United States retailer Gap apologises for 'erroneous' China map printed on a T-shirt
Author: 0 United States retailer Gap apologises for 'erroneous' China map printed on a T-shirt

It said that the Gap China headquarters in Shanghai told it, "The T-shirt in question has not been released in China". Though Taiwan has governed itself since 1949, Beijing regards the island as an integral part of China. Another post said: "Resist such a rubbish company!" USA hotel chain Marriott, Spanish clothing giant Zara and a slew of airlines have faced China's wrath for not classifying Taiwan as part of China on their websites.

Economy Amazon is expanding its Go convenience store to two more locations
Author: 0 Amazon is expanding its Go convenience store to two more locations

Amazon Go is headed for Chicago and San Francisco. The company first opened "Amazon Go" in Seattle. In addition to these two new locations, there are allegedly still a few more Amazon Go stores waiting to be built. That store opened to the public in January. At the time only Seattle and Los Angeles were confirmed, but it looks like the expansion will stretch beyond those cities.

Economy Police Probing Whether Autopilot Feature Was on in Utah Tesla Crash
Author: 0 Police Probing Whether Autopilot Feature Was on in Utah Tesla Crash

The Tesla vehicle was travelling at 60 miles per hour when it hit the mechanic truck, which was stopped for the light on the South Bangerter Highway in South Jordan, Utah at 6:38 pm MT, the police said. Waymo said on Sunday that Matthew Schwall had joined it from Tesla , where he was its main technical contact with U.S. safety investigators, and last week Tesla said senior vice president of engineering Doug Field was taking time off to recharge.

Economy Vodafone India posts Rs 9805 crore operating profit for 2017-18
Author: 0 Vodafone India posts Rs 9805 crore operating profit for 2017-18

Vodafone did not reveal the reason for the departure of Vittorio Colao, who tried to transform the telecom group. During the decade under his leadership, Vodafone has been transformed from a consumer-focused 2G/3G mobile operator to one of the world's leading converged communications companies with a diverse portfolio including the largest mobile and fixed next-generation network in Europe, a significant worldwide enterprise division, and global leadership in the "Internet of Things".

Economy Kaspersky Lab To Open Swiss Data Centre, Amid Dutch Ban
Author: 0 Kaspersky Lab To Open Swiss Data Centre, Amid Dutch Ban

Kaspersky Lab software has been banned from use in the U.S. public sector since September past year. The Transparency Center will showcase the history of Kaspersky Lab products and, by extension, the company's commitment to protection. Kaspersky Lab has announced that it plans to move data out of Russian Federation and into a new data center in Switzerland. Kaspersky has repeatedly denied these allegations, but the company claims that it is working with others to "address growing ...

Economy HSBC, ING Conduct Trade Finance Transaction Using Blockchain
Author: 0 HSBC, ING Conduct Trade Finance Transaction Using Blockchain

The exchange was for the bulk shipment of soybeans by Cargill from Argentina to Malaysia. While there have been several instances of proof-of-concept transactions performed using the blockchain , this one between HSBC and ING is the first that indicates its commercial applications, a spokesperson said to CNBC .

Economy Asiana Flight Collides with Turkish Plane in Istanbul
Author: 0 Asiana Flight Collides with Turkish Plane in Istanbul

The air carrier said none of the people on board were hurt, and the crash was not severe. "My sister Clare Chambers was on this Turkish Airlines plane in Istanbul yesterday, now tailless", Facebook user Pete Young posted on Monday. The Asiana A330 was due to depart for South Korea, however, the flight had to be cancelled. And the dramatic clip shows the wing of the Asiana Airbus A330 hitting the tail fin of the Turkish Airlines Airbus A321 before knocking it clean off.

Economy Tim Cook To Duke University Graduates: 'Think Different, Be Fearless'
Author: 0 Tim Cook To Duke University Graduates: 'Think Different, Be Fearless'

Sound familiar? For the second time in roughly a month, Cook forcefully took Facebook (ticker: FB) to task for its handling of its members' personal information, cementing a narrative pushed by Apple ( AAPL ) that juxtaposes its strict privacy approach - and by extension, its business model - with Facebook and other ad-dependent companies that aggressively monetize data.

Economy Seattle's 'Amazon tax' comes to a vote
Author: 0 Seattle's 'Amazon tax' comes to a vote

The council voted 9-0 to require large Seattle businesses to pay $275 per employee in taxes for housing and homeless services. Under the new law, companies bringing in more than $20 million in revenue a year would be required to pay $275 per employee every year.

Economy CBS sues controlling shareholder Redstone to stop Viacom merger plan
Author: 0 CBS sues controlling shareholder Redstone to stop Viacom merger plan

Redstone indicated that she would see greater value in a Verizon bid for both CBS and Viacom - a position that some saw as chilling interest in a potential deal. "The dividend would not dilute the economic interests of any CBS stockholder", CBS said in a press release . The move would allow the company to "more fully evaluate strategic alternatives".

Economy Oil jumps after USA abandons Iran deal, plans 'highest level' sanctions
Author: 0 Oil jumps after USA abandons Iran deal, plans 'highest level' sanctions

The foreign minister said the commitment of other partners to the Iran deal should be respected. "Iran's exports of oil to Asia and Europe will nearly certainly decline later this year and into 2019 as some nations seek alternatives in order to avoid trouble with Washington and as sanctions start to bite", said Sukrit Vijayakar, director of energy consultancy Trifecta.

Economy How Analysts Feel About S&U plc (LON:SUS)?
Author: 0 How Analysts Feel About S&U plc (LON:SUS)?

GBX 1511's average target is 15.87% above currents GBX 1304 stock price. The stock of Compass Group PLC (LON:CPG) earned "Neutral" rating by Credit Suisse on Thursday, August 27. Since March 13, 2018, it had 0 insider buys, and 1 insider sale for $194,600 activity. 14,622 Hays plc (LON:HAS) shs with value of $1.45M were sold by Billing Duncan.

Economy India studying effect of United States withdrawal from Iran deal
Author: 0 India studying effect of United States withdrawal from Iran deal

France urged Europeans to stand up to U.S. President Donald Trump over the Iran nuclear deal and not act as "vassals", as the region scrambles to save the 2015 accord and billions of dollars in trade. Iran's allies, Russian Federation and China , as well as the European countries that participated in the years-long negotiation on JCPOA, oppose it.

Economy Rise in school referrals for child mental health treatment
Author: 0 Rise in school referrals for child mental health treatment

The number of children in London and the south east referred for mental health treatment by their schools has risen by more than a fifth in the past three years, to 48,000. The Royal College of Paediatrics and Child Health said members had reported a surge in the number of patients with emotional and behavioural difficulties, often after being rejected by Camhs.

Economy Facebook suspends around 200 apps over potential data misuse
Author: 0 Facebook suspends around 200 apps over potential data misuse

The update notes that if evidence is found for apps misusing user data, it will show users whether they or their friends installed those apps before 2015. 'We are investing heavily to make sure this investigation is as thorough and timely as possible. He also made clear that where we had concerns about individual apps we would audit them - and any app that either refused or failed an audit would be banned from Facebook.

Economy More pain at the pump: Gas prices continue to climb statewide
Author: 0 More pain at the pump: Gas prices continue to climb statewide

As we head into the summer, gas prices are going up. "Gas prices are their highest in years, yet that doesn't seem to be slowing motorists down", said Mark Jenkins, a spokesman for AAA and the Auto Club Group. Huntsville- $2.57, up 0.9 cents per gallon from last week's $2.56. Despite the higher pump prices, AAA predicts more than more than 41.5 million Americans will travel this Memorial Day weekend, with 36.6 million of that number traveling by auto.

Author: 0 Oil prices falling: Europe and Asia resisting USA sanctions on Iran

The cartel sees non-OPEC supply in 2018 growing by 1.7M barrels Y/Y, almost 90% coming from the U.S. OPEC slightly raised its estimate of growth in world demand this year to 1.65 million bpd. "In 2012 the reduction in Iranian crude production and exports was around 1 million bpd", Wittner said. On Monday, however, markets were held in check by news of a rise in US drilling for new oil production.

Economy Xerox drops Fujifilm merger plan, strikes a deal with activists
Author: 0 Xerox drops Fujifilm merger plan, strikes a deal with activists

Xerox said the deal that would have combined Xerox with Fuji Xerox was being terminated due to various factors including "the failure by Fujifilm to deliver the audited financials of Fuji Xerox by April 15, 2018 and the material deviations reflected in the audited financials of Fuji Xerox, when delivered, from the unaudited financial statements of Fuji Xerox and its subsidiaries provided to Xerox prior to the date of the Subscription Agreement".

Economy Walmart's deal to buy Flipkart came with an interesting caveat
Author: 0 Walmart's deal to buy Flipkart came with an interesting caveat

The Jack Ma-led group owns a majority stake in the e-commerce marketplace. Softbank: Japan's SoftBank is expecting returns of about USA $4 billion as part of the Walmart-Flipkart transaction. Softbank backed Snapdeal in the hope that the e-tailer would challenge Flipkart's dominance in the e-commerce space. Some of the company's minority shareholders following Flipkart's tie-up with Walmart include Tencent Holdings, Tiger Global Management, Microsoft, and company cofounder Binny Bansal, ...

Economy Tesla slams into fire truck stopped at red light in Utah
Author: 0 Tesla slams into fire truck stopped at red light in Utah

Police in Utah are investigating whether a fast-moving Tesla vehicle that rear-ended a fire truck on Friday was in autopilot mode. The Tesla's air bags were activated in the crash, South Jordan police Sgt. This comes at a time when the auto maker is grappling with multiple crash investigations, including a "Model X" crash that put it at odds with the US National Transportation Safety Board (NTSB) over its disclosures.