Archive | Markets

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Facebook Removes Elizabeth Warren Ads, Then Restores Them After Outcry

Amazon , Facebook, Google and Apple are "platform utilities" in Warren's sights because not only do they own marketplaces, they take part ...

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Tesla to raise prices, backtracks on closing most stores

Tesla just took to its official blog to announce that it would not be closing as many stores as it had initially planned and would be raising p...

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May, Juncker Agree on Changes to Brexit Deal Ahead of Commons Vote

If a deal can be struck Mrs May is likely to publish details late tonight alongside new legal advice from the attorney-general, Geoffrey Cox, ah...

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Plane Makes Emergency Landing, Passengers Evacuated

The Federal Aviation Administration said on Twitter that airport firefighters met the plane on the runway and the passengers were evacuated ...

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Porsche boosts Taycan manufacturing, mulls hybrid loaners, as reservations wow

Porsche has already gathered more than 20,000 pre-orders. Doubtless the launch Taycan will be the most powerful iteration, delivering enough...

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Nvidia to acquire Mellanox for US$6.9bn - General Business

Nvidia reportedly outbid Intel the for the company. NVIDIA saw its revenue fall 22 percent last quarter thanks to the recent decline of Bitc...

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Tesla Changes Its Mind Over Store Closures, Raises Prices By 3%

As for the $35,000 Model 3 , it's pretty clear why the company isn't raising the price of that one; Musk promised that the vehicle will be avai...

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Philadelphia is the first USA city to ban cashless stores

Though digital transactions are faster and easier, they leave some people out altogether. Not everybody is on board with this cashless utopia,...

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Tesla gets $520 mn funding for first Chinese plant

Tesla's China borrowing follows its biggest ever debt payment recently. The electric auto maker disclosed that it has signed a syndicated loa...

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United States unemployment rate falls to 3.8% in February; job growth slows sharply

The average hourly wage rose 3.4 percent compared to the same month a year ago, the strongest rise since April 2009. "We expect a sharp moderati...

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Norway sovereign wealth fund, world's biggest, to dump oil and gas

The government has no plans to sell its direct stake in Equinor, formerly known as Statoil, which two years ago exited the oil sands but remai...

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Brexit backers to United Kingdom prime minister: Don't delay

If the meaningful vote on Tuesday passes, Britain will be on track to leave the European Union on the set date of March 29 - despite there bei...

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Western Alberta unemployment rate increases to 5.1 per cent

Job creation in Canada once again blew past expectations with 56,000 positions added in February - a lot of them were full-time. The unemployme...

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Man almost forgets winning $273M lottery ticket

I know what I've worked for and its everything that I have", she said. "I have morals. I know what I've worked for and it's everything that I ha...

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Dozens hurt as plane encounters heavy turbulence on flight to US

Nearby Jamaica Hospital in Queens said seven patients were being evaluated there. "About 45 minutes prior to its landing at JFK, Turkish Airli...

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Bank of Canada keeps rates unchanged on weaker economic outlook

As expected - the Bank of Canada left interest rates unchanged as the economy limped past the finish at the end of 2018. "Although we figu...

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Global stocks extend slide amid concerns on growth

The dollar index was down 0.2%, having hit a near three-month peak in the previous session after the European Central Bank postponed an interes...

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Most of Venezuela suffers power outage

Adriana Bellorin, a lawyer who went out to buy food Thursday evening, said it was futile. Mr Maduro is locked in a power struggle with Jua...

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Snyder County Walmart Greeter Offered New Position

Numerous disabled and elderly people who are now employed as door greeters by Walmart will not be able to perform the responsibilities of custom...

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Airbnb consents to procure last minute inn booking application HotelTonight

Airbnb is making it easier to find last-minute places to stay when home hosts are often already booked. In November 2016, co-founder and chie...

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Wilson-Raybould vs. Butts: Two versions of the SNC-Lavalin affair

Gerald Butts, former principal secretary to Prime Minister Justin Trudeau, prepares to appear before the Standing Committee on Justice and Human...

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Quadriga cryptocurrency wallets were emptied months before founder’s death

At least that's what the QuadrigaCX cryptocurrency exchange had been saying, before an auditor revealed it had finally accessed digital wallet...

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Warren says tech giants have 'too much power,' need breakup

Warren's Medium post references Microsoft and how the US government successfully cowed that belligerent monopolist nearly 20 years ago. No...

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OECD slashes global growth forecasts over trade worries, Brexit uncertainty

European policymakers responded slowly to the financial crisis, with the result the USA recovered earlier and has experienced 10 years of growth...

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Amazon reportedly planning to open dozens of grocery stores in major cities

Amazon's plan to enter the brick-and-mortar supermarket business appears to be a move to target more price-conscious consumers compared to Amaz...

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Tesla Shanghai assembly plant to be completed in May -govt official

Musk declined to name potential price points for the future, lower-priced vehicles, but he said during a 2018 interview with YouTube persona...

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France unveils new tax for Google, Facebook, others

The bill is an attempt to get around tax avoidance measures by multinationals, which pay most of their taxes in the European Union country they ...

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Bengaluru to see the fastest rise in ultra rich globally

According to the latest issue of The Wealth Report by Knight Frank , launched globally on Wednesday, Mumbai ranked as the world's 12th most...

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U.S. looking at new sanctions against Venezuela -U.S

The United States and other countries had warned Mr Maduro not to move against his adversary, and he possibly realised arresting his foe could g...

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US FDA chief tough on e-cigs steps down in surprise resignation

Deutsche Bank analysts said on Wednesday they expected Dr Gottlieb's agenda broadly to be continued. He expressed concern over the rise in the ...

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