Economy

Tesla confirms talks to build auto plant in Shanghai

Shares of Tesla are up 0.76% in early Monday morning trading. In a bid to gain traction in China's growing electric vehicle market, Tesla is setting up ...


Portland Area Makes Its Pitch To Land Amazon's Second Headquarters

The company promised 50,000 jobs and $5 billion in infrastructure investment. "What we can score high on our willingness to provide them with the land that ...


Household squeeze as inflation hits highest level for five years

Inflation in the United Kingdom has risen to its highest level in five years, squeezing the spending power of households but giving a boost to pensioners who w...


Retail sales slow as BOE eyes 1st rate rise in decade

The Bank of England has said that it expects inflation to peak at just over 3 per cent for this month and then fall gradually. Growth for the third quarter ...


Trump sends family $25000 after claim of broken promise

Stung by criticism of the way he's handled the deaths of US soldiers in Niger , the president claimed earlier this week that he makes more calls to the famil...


Toronto stock market lower as Dow Jones cruises past 23000 record

Netflix slipped 1.5 percent after touching a record high as more subscribers signed up for its popular original content in the latest quarter. The gains have ...


Ford recalls 1.3 million trucks due to correct issue with door latch

Ford is issuing a safety recall for 1.3 million trucks across North America, affecting 2015 to 2017 model year F-150s and 2017 model year Super Duty trucks. ...


Drone hits commercial aircraft near airport in Canada

It was the first recorded incident of a drone hitting a plane in Canada . If a drone hit the cockpit window and incapacitated a pilot or damaged the engine i...


British pound sinks as BOE members signal unwillingness to raise rates

In response to the comments the pound fell by 0.42% against the dollar to $1.3196. Carney made it clear that he did not think it was a good idea to build a "w...


Munster and south Leinster set to be worst effected by storm Ophelia

They have also advised people to secure any garden furniture, bins and other outdoor equipment before the storm hits. Speaking on The Pat Kenny Show on Newsta...


Samsung Electronics CEO resigns, says company is in "unprecedented crisis" ars_ab.settitle(1186199)

In August of this year, the group's heir apparent Lee Jae-yong was convicted of bribery and corruption and sentenced to up to five years in jail. "It is somet...


Introduces New Buffalo Latte

It was only a matter of time until some foodie hipster made a decision to combine the joys of coffee with, erm, buffalo wing sauce ... The whole thing is the...


Flight 666 lands in HEL for final time

In fact, it's been done 21 times in 11 years, all without incident. (SIN is the code for Singapore's Changi International Airport.) No word on whether the airli...


Lufthansa Signing Deal for Air Berlin

The CEO said that a milestone in Lufthansa's history will be seen in Berlin on Thursday. Spohr said the Lufthansa Group expects to take over 81 Air Berlin air...


Uber's Indian rival Ola raises $1.1bn investment to deepen market presence

Timing of the deal could work in Ola's favor given the troubles at Uber. Ola, however, did not disclose the time period when the funding was raised or the tim...


Nvidia Shares Jump As It Debuts Computer For Self-Driving Cars

Pegasus has 16 inputs for devices like camera, radar, ultrasonic, and lidar (laser scanner) sensors; and data can flow through the system at up to one teraby...


Sops rain at 22nd GST Council meeting

The threshold for composition scheme in GST has been raised from Rs75 lakh to Rs1 crore for businesses to avail the scheme that allows them to pay 1-5 per cen...


Beware of Whole Foods Price Increases Following Early Amazon Discounts

Customers appear to be sticking around after the price cut . Over 40 stores of Whole Foods sell beer on the tap. A week later, traffic was running 17% highe...


Netflix to raise its prices

The prices are already in effect for new sign-ups and will be rolling out to existing customers later this month, Netflix said . The price increase for ...


Vehicle 'infotainment' systems may increase distracted driving, AAA says

Newer infotainment systems often require drivers to avert their eyes from the roads, leading to more unsafe driving. Subaru's infotainment system uses a 6.2-i...