Business
Stats SA to announce third quarter GDP results
- December 04, 2018
Manufacturing expanded 7.5%, agriculture grew 6.5%. Large contributions came from steel and metals, and motor vehicle production, among other things. The primary industry sector still lags, the mining industry decreasing by 8.8%, construction by 2.7% and electricity, gas and water by 0.9%. (more...)
- December 04, 2018
Manufacturing expanded 7.5%, agriculture grew 6.5%. Large contributions came from steel and metals, and motor vehicle production, among other things. The primary industry sector still lags, the mining industry decreasing by 8.8%, construction by 2.7% and electricity, gas and water by 0.9%. (more...)
12 million pounds of raw beef recalled nationwide
- December 04, 2018
The total amount of "non-intact raw beef products " that have been recalled now exceeds more than 12 million pounds. "267" inside the USDA mark of inspection, and were shipped nationwide. Individuals concerned about an illness should contact their health care provider. The USDA is concerned that some product may be frozen and in consumers' freezers. (more...)
- December 04, 2018
The total amount of "non-intact raw beef products " that have been recalled now exceeds more than 12 million pounds. "267" inside the USDA mark of inspection, and were shipped nationwide. Individuals concerned about an illness should contact their health care provider. The USDA is concerned that some product may be frozen and in consumers' freezers. (more...)
Saskatchewan not following Alberta’s lead in cutting oil production
- December 04, 2018
Western Canada Select (WCS) has plunged below $15 per barrel, representing a discount to WTI that has hovered at around $40 per barrel. The surplus is filling storage up quickly. After the province achieves an 8.7 per cent reduction in supply, it will then lower production cuts to 95,000 barrels per day, ending in December 2019. (more...)
- December 04, 2018
Western Canada Select (WCS) has plunged below $15 per barrel, representing a discount to WTI that has hovered at around $40 per barrel. The surplus is filling storage up quickly. After the province achieves an 8.7 per cent reduction in supply, it will then lower production cuts to 95,000 barrels per day, ending in December 2019. (more...)
Passwords from 100 million Quora users stolen in data breach
- December 04, 2018
Someone's taken a wander through the systems of question-and-answer website Quora, pilfering account details of 100 million users. Quora first realised it had been compromised on Friday and immediately began investigating. While the passwords were hashed with a unique salt for each Quora user , d'Angelo advised those who had re-used credentials across multiple services to change them as best practice. (more...)
- December 04, 2018
Someone's taken a wander through the systems of question-and-answer website Quora, pilfering account details of 100 million users. Quora first realised it had been compromised on Friday and immediately began investigating. While the passwords were hashed with a unique salt for each Quora user , d'Angelo advised those who had re-used credentials across multiple services to change them as best practice. (more...)
UBS Securities first ever foreign-owned broker in China
- December 04, 2018
Switzerland's largest bank, UBS, has become the first foreign bank to hold a majority stake in a China securities joint venture, after gaining approval from country's securities regulator. "The further opening up of China's financial sector represents great opportunities for our wealth management, investment bank and asset management businesses". (more...)
- December 04, 2018
Switzerland's largest bank, UBS, has become the first foreign bank to hold a majority stake in a China securities joint venture, after gaining approval from country's securities regulator. "The further opening up of China's financial sector represents great opportunities for our wealth management, investment bank and asset management businesses". (more...)
Amazon is planning to open bigger automated stores
- December 04, 2018
Although Amazon has previously denied plans to introduce cashierless technology to Whole Foods, the WSJ's sources say that would be the most likely application of adapting the technology for larger spaces. Amazon said it doesn't comment on rumour and speculation. Amazon has moved deeper into physical retail over the past few years after more than two decades shaping how people shop online. (more...)
- December 04, 2018
Although Amazon has previously denied plans to introduce cashierless technology to Whole Foods, the WSJ's sources say that would be the most likely application of adapting the technology for larger spaces. Amazon said it doesn't comment on rumour and speculation. Amazon has moved deeper into physical retail over the past few years after more than two decades shaping how people shop online. (more...)
Tesla autopilot blamed as driver found asleep at 70mph
- December 04, 2018
The quick-thinking cops in Palo Alto made a decision to bring the weird situation to an end as quickly and safely as possible: they first established a moving perimeter far behind the Tesla to keep other drivers safe before one of the officers, who suspected that the vehicle's autopilot system might be engaged, drove in front of the auto and began gradually slowing down. (more...)
- December 04, 2018
The quick-thinking cops in Palo Alto made a decision to bring the weird situation to an end as quickly and safely as possible: they first established a moving perimeter far behind the Tesla to keep other drivers safe before one of the officers, who suspected that the vehicle's autopilot system might be engaged, drove in front of the auto and began gradually slowing down. (more...)
Ted Baker staff accuse boss of 'awkward' hugs and harassment
- December 04, 2018
One former member of staff, who said she had not been hugged herself, said: "He would give long hugs: [the office] was a big open space where we all could see". Ted Baker are launching a full independent investigation into the "culture of harassment". The company said that it was now "in dialogue" with Organise in order to "understand the details and nature of the claims". (more...)
- December 04, 2018
One former member of staff, who said she had not been hugged herself, said: "He would give long hugs: [the office] was a big open space where we all could see". Ted Baker are launching a full independent investigation into the "culture of harassment". The company said that it was now "in dialogue" with Organise in order to "understand the details and nature of the claims". (more...)
George HW Bush's final journey to the Capitol
- December 04, 2018
He will be honored during several private and public events in Houston and Washington before he is buried in Texas next to his wife, Barbara, and their young daughter Robin, who died in 1953. 3, 2018, in Houston. His casket will be transported by motorcade Wednesday morning to the National Cathedral, where a state funeral will be held at 11 a.m. (more...)
- December 04, 2018
He will be honored during several private and public events in Houston and Washington before he is buried in Texas next to his wife, Barbara, and their young daughter Robin, who died in 1953. 3, 2018, in Houston. His casket will be transported by motorcade Wednesday morning to the National Cathedral, where a state funeral will be held at 11 a.m. (more...)
YouTube top earners: The seven-year-old making $22m
- December 04, 2018
Forbes measured pre-tax earnings from 1 June 2017 to 1 June 2018, without fees for agents, managers and lawyers being deducted. Since launching his main channel in 2015, Ryan has amassed more than 17 million followers and close to 26bn views. (more...)
- December 04, 2018
Forbes measured pre-tax earnings from 1 June 2017 to 1 June 2018, without fees for agents, managers and lawyers being deducted. Since launching his main channel in 2015, Ryan has amassed more than 17 million followers and close to 26bn views. (more...)
G-20 Summit endorses multilateral trade system
- December 03, 2018
They committed to reform the WTO , the main global body for trade regulations, and will discuss that at their next meeting in June in Japan . European officials said a reference to refugees and migration - a sensitive issue for the Trump administration - was excised to ensure consensus. (more...)
- December 03, 2018
They committed to reform the WTO , the main global body for trade regulations, and will discuss that at their next meeting in June in Japan . European officials said a reference to refugees and migration - a sensitive issue for the Trump administration - was excised to ensure consensus. (more...)
Alberta premier announces 8.7 per cent oil production cut to increase prices
- December 03, 2018
Announcing the measure on Sunday, Premier of Alberta Rachel Notley said that the province is "facing a hard challenge", but the move is aimed to reverse an unprecedented price gap that has seen the province's crude sell for significantly less than the global price. (more...)
- December 03, 2018
Announcing the measure on Sunday, Premier of Alberta Rachel Notley said that the province is "facing a hard challenge", but the move is aimed to reverse an unprecedented price gap that has seen the province's crude sell for significantly less than the global price. (more...)
China agrees to 'reduce and remove' tariffs on U.S. cars
- December 03, 2018
He called on both China and the United States to handle the development of bilateral relations from an overall perspective and push for long-term, healthy and stable development of bilateral ties. During the meal, Xi also expressed sympathies for the passing of the former president, saying Bush, who also was once the US envoy to China, had "made many contributions to U.S". (more...)
- December 03, 2018
He called on both China and the United States to handle the development of bilateral relations from an overall perspective and push for long-term, healthy and stable development of bilateral ties. During the meal, Xi also expressed sympathies for the passing of the former president, saying Bush, who also was once the US envoy to China, had "made many contributions to U.S". (more...)
Qatar to quit OPEC
- December 03, 2018
Qatar will withdraw from the Organization of the Petroleum Exporting Countries (OPEC), the Gulf nation's Energy Minister Saad Sherida al-Kaabi announced on Monday. Qatar's Energy Minister Mohammed bin Saleh al-Sada made the surprise announcement during a news conference in the Qatari capital, Doha, on Monday. "This decision reflects the desire of the State of Qatar to focus its efforts on the development of the natural gas industry and to implement recently announced plans to increase the ... (more...)
- December 03, 2018
Qatar will withdraw from the Organization of the Petroleum Exporting Countries (OPEC), the Gulf nation's Energy Minister Saad Sherida al-Kaabi announced on Monday. Qatar's Energy Minister Mohammed bin Saleh al-Sada made the surprise announcement during a news conference in the Qatari capital, Doha, on Monday. "This decision reflects the desire of the State of Qatar to focus its efforts on the development of the natural gas industry and to implement recently announced plans to increase the ... (more...)
FedEx driver stops, respectfully folds flag
- December 03, 2018
An American flag was laying on the ground. Marine veteran Mike King stopped mid-route this week when he spied a fallen flagpole , and a crumpled Old Glory on a family's front yard in Ferndale, Md. "You and Eric are welcome I couldn't just drive by and do nothing", King wrote in the comments on Cook's post. "(It) says a lot when you do something for the right reasons and not just (because) someone is watching", she said. (more...)
- December 03, 2018
An American flag was laying on the ground. Marine veteran Mike King stopped mid-route this week when he spied a fallen flagpole , and a crumpled Old Glory on a family's front yard in Ferndale, Md. "You and Eric are welcome I couldn't just drive by and do nothing", King wrote in the comments on Cook's post. "(It) says a lot when you do something for the right reasons and not just (because) someone is watching", she said. (more...)
US files criminal charges against Irish born Mike Lynch over HP sale
- December 03, 2018
Autonomy's former chief financial officer Sushovan Hussain was convicted of fraud in April . Software giant Autonomy was seen as a runaway British success story at the time of its $10.3bn (£8bn) sale to HP. They said the U.S.is making Lynch a "scapegoat" for HP's "long history of failed acquisitions". The Serious Fraud Office in the United Kingdom halted a two-year investigation into HP's acquisition of Autonomy back in January 2015. (more...)
- December 03, 2018
Autonomy's former chief financial officer Sushovan Hussain was convicted of fraud in April . Software giant Autonomy was seen as a runaway British success story at the time of its $10.3bn (£8bn) sale to HP. They said the U.S.is making Lynch a "scapegoat" for HP's "long history of failed acquisitions". The Serious Fraud Office in the United Kingdom halted a two-year investigation into HP's acquisition of Autonomy back in January 2015. (more...)
Google employees are protesting against search engine censorship
- December 03, 2018
We are Google employees and we join Amnesty International in calling on Google to cancel project Dragonfly , Google's effort to create a censored search engine for the Chinese market that enables state surveillance. Google was not immediately available for comment. Last October, however, Google CEO Sundar Pichai said at a Wired conference in San Francisco that his company was at "very early" stages of development and portrayed it as an experimental project. (more...)
- December 03, 2018
We are Google employees and we join Amnesty International in calling on Google to cancel project Dragonfly , Google's effort to create a censored search engine for the Chinese market that enables state surveillance. Google was not immediately available for comment. Last October, however, Google CEO Sundar Pichai said at a Wired conference in San Francisco that his company was at "very early" stages of development and portrayed it as an experimental project. (more...)
Oil prices fall amid further fears of oversupply
- December 02, 2018
The release of a new OPEC report in which the group revised down its demand forecasts for 2019, with higher-than-anticipated oil production from US shale oil regions and the decision by the USA government to grant exemptions from sanctions on Iranian oil included among the reasons for the crash. (more...)
- December 02, 2018
The release of a new OPEC report in which the group revised down its demand forecasts for 2019, with higher-than-anticipated oil production from US shale oil regions and the decision by the USA government to grant exemptions from sanctions on Iranian oil included among the reasons for the crash. (more...)
Payless tricks upscale shoppers with fake store called ‘Palessi’
- December 02, 2018
The chain said it took over the former Armani store in Santa Monica and labeled it "Palessi" before filling it with Payless shoes with inflated price tags and inviting social media fashion influencers to a party at the store. Palessi sold $3000 worth of shoes by the end of the 48-hour event. Payless says it plans to use the footage from the event for upcoming ads. Sarah Couch, Payless's chief marketing officer, said the campaign aimed to remind shoppers that Payless strikes the right ... (more...)
- December 02, 2018
The chain said it took over the former Armani store in Santa Monica and labeled it "Palessi" before filling it with Payless shoes with inflated price tags and inviting social media fashion influencers to a party at the store. Palessi sold $3000 worth of shoes by the end of the 48-hour event. Payless says it plans to use the footage from the event for upcoming ads. Sarah Couch, Payless's chief marketing officer, said the campaign aimed to remind shoppers that Payless strikes the right ... (more...)
GM president leaves automaker to lead its Cruise unit
- December 02, 2018
Ammann's move, announced by GM and Cruise on Thursday and effective January 1, underscores the challenges for legacy automakers as they compete for capital and talent with transport companies born from the digital technology and artificial intelligence industries, such as rival Waymo , the self-driving vehicle unit of Alphabet Inc, or Tesla Inc. (more...)
- December 02, 2018
Ammann's move, announced by GM and Cruise on Thursday and effective January 1, underscores the challenges for legacy automakers as they compete for capital and talent with transport companies born from the digital technology and artificial intelligence industries, such as rival Waymo , the self-driving vehicle unit of Alphabet Inc, or Tesla Inc. (more...)
SEC Fines Floyd Mayweather, DJ Khaled for ICO Promotions
- December 02, 2018
The SEC order against 41-year-old Las Vegas resident Mayweather says that cease-and-desist proceedings are being instituted "pursuant to Section 8A of the Securities Act of 1933 ". The problem according to the Securities and Exchange Commission . neither star disclosed that they were getting paid to promote the coin. which is a violation of federal law . (more...)
- December 02, 2018
The SEC order against 41-year-old Las Vegas resident Mayweather says that cease-and-desist proceedings are being instituted "pursuant to Section 8A of the Securities Act of 1933 ". The problem according to the Securities and Exchange Commission . neither star disclosed that they were getting paid to promote the coin. which is a violation of federal law . (more...)
Search of Deutsche Bank offices continues in German probe
- December 02, 2018
German authorities are continuing to search offices of Deutsche Bank as part of an investigation into suspicion that some employees helped set up offshore companies that were used to launder hundreds of millions of euros. Christian Sewing, appointed chief executive in April to help the bank rebuild, has trimmed its US operations and reshuffled its management board, but revenue has continued to slip. (more...)
- December 02, 2018
German authorities are continuing to search offices of Deutsche Bank as part of an investigation into suspicion that some employees helped set up offshore companies that were used to launder hundreds of millions of euros. Christian Sewing, appointed chief executive in April to help the bank rebuild, has trimmed its US operations and reshuffled its management board, but revenue has continued to slip. (more...)
Trump, Xi trade war dinner went 'very well': White House adviser
- December 02, 2018
Trump and Xi, who were in the Argentinian capital over the last two days for a summit of G20 countries , had gone into the meeting in a bid to pull the world's top two economies from the brink of a full-fledged trade war. The statement also omitted pledges by the G20 to fight protectionism and uphold multilateral trading rules, which used to be a mainstay of the world´s leading economies pre-Trump. (more...)
- December 02, 2018
Trump and Xi, who were in the Argentinian capital over the last two days for a summit of G20 countries , had gone into the meeting in a bid to pull the world's top two economies from the brink of a full-fledged trade war. The statement also omitted pledges by the G20 to fight protectionism and uphold multilateral trading rules, which used to be a mainstay of the world´s leading economies pre-Trump. (more...)
SEC fines Floyd Mayweather and DJ Khaled $750K for cryptocurrency shilling
- December 02, 2018
Both Khaled and Mayweather settled with the SEC and agreed not to promote any securities, even digital ones, for two years and three years, respectively, it said . The DJ and the pro boxer took to their social media accounts to inform their followers about the ICO where Khaled called Centra a "game changer". (more...)
- December 02, 2018
Both Khaled and Mayweather settled with the SEC and agreed not to promote any securities, even digital ones, for two years and three years, respectively, it said . The DJ and the pro boxer took to their social media accounts to inform their followers about the ICO where Khaled called Centra a "game changer". (more...)
New Nissan Leaf Nismo RC - 322 hp electric race vehicle
- December 02, 2018
Sharing the drivetrain components and battery technology from Leaf makes it even more special, as the latter is the best-selling EV in the world. Nissan will build six of these things to display and demonstrate around the world, at Formula E races and so-on, so jeep an eye out. (more...)
- December 02, 2018
Sharing the drivetrain components and battery technology from Leaf makes it even more special, as the latter is the best-selling EV in the world. Nissan will build six of these things to display and demonstrate around the world, at Formula E races and so-on, so jeep an eye out. (more...)
Bayer to sell businesses, cut jobs after Monsanto deal
- December 02, 2018
German chemical and pharmaceutical giant Bayer said yesterday it would slash 12,000 jobs in a major restructuring following the mammoth takeover of Monsanto , enabling it to save €2.6 billion (RM12.34 billion) a year from 2022. Bayer ranks fifth in veterinary medicine, behind Zoetis, the former Pfizer unit, Elanco, unlisted Boehringer Ingelheim, which acquired animal health assets from Sanofi, and drugmaker Merck & Co. (more...)
- December 02, 2018
German chemical and pharmaceutical giant Bayer said yesterday it would slash 12,000 jobs in a major restructuring following the mammoth takeover of Monsanto , enabling it to save €2.6 billion (RM12.34 billion) a year from 2022. Bayer ranks fifth in veterinary medicine, behind Zoetis, the former Pfizer unit, Elanco, unlisted Boehringer Ingelheim, which acquired animal health assets from Sanofi, and drugmaker Merck & Co. (more...)
JAL pilot gets 10-mth prison term over heavy drinking before flight
- December 02, 2018
He has also lost his job. "Most important is the wellbeing of all people on load up that whole deal flight, possibly 12 hours or more". One officer said the co-pilot had "difficulty standing straight". Jitsukawa had cheated the first breathalyzer, taking it some distance from the senior pilots who were supposed to be watching, The Asahi Shimbun reported. (more...)
- December 02, 2018
He has also lost his job. "Most important is the wellbeing of all people on load up that whole deal flight, possibly 12 hours or more". One officer said the co-pilot had "difficulty standing straight". Jitsukawa had cheated the first breathalyzer, taking it some distance from the senior pilots who were supposed to be watching, The Asahi Shimbun reported. (more...)
US Fed says another rate hike "likely to be warranted fairly soon"
- December 02, 2018
Powell "gave the market, and presumably President Trump, exactly what he wanted, which was an admission that the previously proposed path of future rate hikes was probably too aggressive", Oliver Pursche, chief market strategist at Bruderman Asset Management in NY, told Reuters. (more...)
- December 02, 2018
Powell "gave the market, and presumably President Trump, exactly what he wanted, which was an admission that the previously proposed path of future rate hikes was probably too aggressive", Oliver Pursche, chief market strategist at Bruderman Asset Management in NY, told Reuters. (more...)
USA dollar treads water ahead of Trump-Xi meet at G20 summit
- December 01, 2018
U.S. stock markets jumped following the comments, as investors interpreted them to mean the central bank was close to the end of its tightening cycle. NY time, the biggest three-day gain since June. In September, the zone was estimated at 2.5-3.5 percent. The pan-European STOXX 600 index rose 0.20 percent. (more...)
- December 01, 2018
U.S. stock markets jumped following the comments, as investors interpreted them to mean the central bank was close to the end of its tightening cycle. NY time, the biggest three-day gain since June. In September, the zone was estimated at 2.5-3.5 percent. The pan-European STOXX 600 index rose 0.20 percent. (more...)
Marriott says hackers left data of 500 million guests exposed
- December 01, 2018
The data breach involved information mined from the reservations database for Starwood properties, which include Sheraton, Westin and St Regis hotels , among others. It added: "On November 19, 2018, Marriott was able to decrypt the information and determined that the contents were from the Starwood guest reservation database". (more...)
- December 01, 2018
The data breach involved information mined from the reservations database for Starwood properties, which include Sheraton, Westin and St Regis hotels , among others. It added: "On November 19, 2018, Marriott was able to decrypt the information and determined that the contents were from the Starwood guest reservation database". (more...)
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